Stockwatch Street Wires
- IIROC fines CIBC, branch manager $180,000
IIROC has imposed $180,000 in sanctions on CIBC World Markets Inc. and a branch manager. Over a period of several years the firm did little about a 77-year-old employee who concentrated client accounts in risky stocks, IIROC says.
- Shell Summary for Sept. 25, 2018
January Vandale lists her first capital pool shell, Fusion Gold.
Ben Cubitt lists his own first shell, 9 Capital. Beadell Resources, the QT target of Chris Tate's first shell, Ring the Bell Capital, abandons the shell in favour of Great Panther Silver.
- Diamond & Specialty Minerals Summary for Sept. 25, 2018
North Arrow has drilled two kimberlites at Mel in central Nunavut. DNI Metals has settled its fight with Cougar Metals over Vohitsara graphite. Namibia Critical Metals will start drilling its Kunene cobalt and copper project in Namibia shortly.
- Gold Summary for Sept. 25, 2018
Metallis Resources is raising $4-million for more work at Kirkham, in northwestern B.C. Monarques Gold has revealed its rough plan for a feasibility study at Wasamac, a gold project in Quebec. Sirios Resources has new assays from drilling at Cheechoo in Quebec.
- Tresoro ex Jivraj sues Pierce over 2010 deal
Tresoro Mining Corp.'s former president, Rahim Jivraj, has renewed his legal efforts against Brent Pierce. He has filed a lawsuit in which he claims that Mr. Pierce and others used his property to manipulate Tresoro.
- Shell Summary for Sept. 24, 2018
Thomas O'Neill's second capital pool shell, Sherpa II Holdings, begins trading. Kevin Baker's first capital pool shell, Tailwind Capital, plans to acquire a medical device company called Synergy Disc Replacement. Synergy intends to raise $4-million.
- Diamond & Specialty Minerals Summary for Sept. 24, 2018
Tango Mining continues to extract diamonds from the alluvial gravels at Oena, in South Africa. NRG Metals has completed a second pumping well at Hombre Muerto North in Argentina. Pure Energy Minerals is plodding along quietly at Clayton Valley in Nevada.
- Gold Summary for Sept. 24, 2018
Barrick Gold is merging with Randgold Resources. Royal Nickel is expanding its high-grade gold zone at Beta Hunt. Teranga Gold has updated its reserve and feasibility study of Wahgnion in Burkina Faso. Iamgold has added ounces to its Rosebel mine in Suriname.
- SEC wins $61,184 (U.S.) fine for on-line tout Meyer
The SEC has won $61,184 (U.S.) in penalties against Thomas Meyer, a writer who pitched several stocks under a false name. The fine for Mr. Meyer is part of a larger case against a New York IR company, CSIR Group LLC.
- Shell Summary for Sept. 21, 2018
First-time shell-makers Rob Bakshi, Eva Nakano and Ronnie Jaegermann have listed, respectively, Crystal Bridge Enterprises, Kismet Resources and Cann-is Capital. Haywood sold all three IPOs. Pat DiCapo and Dave D'Onofrio plan to list their fifth shell, POCML 5 Inc.
- Diamond & Specialty Minerals Summary for Sept. 21, 2018
Pangolin Diamonds has begun drilling at MAL 278 on Malatswae in Botswana. Mkango Resources has new assays from Songwe Hill in Malawi, ahead of a feasibility study. Cornerstone Metals will become First Vanadium on Monday.
- Gold Summary for Sept. 21, 2018
Harte Gold now has its final permits to mine Sugar Zone, near White River in Ontario. Gold Standard Ventures is expanding its 2018 exploration program at Railroad-Pinion in Nevada. Contact Gold has new assays from Pony Creek, near Railroad-Pinion.
- Shell Summary for Sept. 20, 2018
Kyle Shostak lists his first shell, Navigator Acquisition, with a $500,000 IPO.
Marc Sontrop's second shell, Aim2 Ventures, launches Canopy Rivers, a spinoff from Canopy Growth. Mr. Sontrop now plans to list his third shell, Aim3 Ventures.
- Makena lands in $5.5-million suit over property deal
Makena Resources Inc. is facing a $5.5-million lawsuit over an agreement to buy a claim block in Newfoundland. The vendors say that the company backed out of the deal.
- Diamond & Specialty Minerals Summary for Sept. 20, 2018
GGL Resources has identified some drill targets at Bishop and Rhombus in Canada's North. Largo Resources is paying down some debt early. Zenyatta Ventures is enthused about dots. ePower Metals is acquiring a cobalt prospect in B.C.
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