Stockwatch Street Wires

C:*MKTDIAM - Diamond & Specialty Minerals Summary for May 26, 2020
[2020-05-26 20:52]
Talmora Diamond needs cash, and word from Olivut Resources that it will continue to nudge its Seahorse project forward. Sienna Resources plans to press on with its Kuusamo nickel, cobalt and PGE project in Finland. Canada Rare Earth is selling some rare earth concentrate.  more...

C:*MKTOIL - Energy Summary for May 26, 2020
[2020-05-26 20:32]
Oil markets could find balance as early as June, say analysts. Canadian bulls talk recovery, while U.S. bears dread rising bankruptcies. Vermilion Energy's overhaul continues to stir up speculation, and Advantage Oil cheers an update from its bankers.  more...

C:*MKTSHEL - Shell Summary for May 26, 2020
[2020-05-26 20:21]
Whatcom Capital reduces its IPO size to $375,000 from $500,000, still at 10 cents. It is selling a concurrent $375,000 private placement at 10 cents. Spartan Acquisition adds a director, Eugene Hodgson. This shell is selling a $400,000 to $800,000 IPO at 20 cents.  more...

C:TER - Terrascend sued by cannabis marketing company
[2020-05-26 20:21]
Terrascend Corp. is a defendant in a lawsuit from Hybrid Brand Management Inc., a Vancouver marketing firm. The suit complains that Terrascend prematurely ended an agreement between the companies.  more...

C:*MKTPOT - Cannabis Summary for May 26, 2020
[2020-05-26 19:55]
Slang Worldwide slips after recording a $128-million impairment in Q4, as well as slightly declining revenue. Aphria announces plans to transfer its shares to Nasdaq from the NYSE (it will keep trading on the TSX too) and IM Cannabis continues its two-month tear.  more...

C:*MKTGOLD - Gold Summary for May 26, 2020
[2020-05-26 17:39]
Seabridge has closed its acquisition of 3 Aces from Golden Predator Mining, which will now direct its focus at Brewery Creek in Yukon. Melkior Resources cites activity by others as why its lacklustre Val d'Or project is now a key asset. Key or not, advancement will be slow.  more...

C:*MKTDIAM - Diamond & Specialty Minerals Summary for May 25, 2020
[2020-05-25 20:35]
Holders of bonds issued to take Dominion Diamond private in 2017 may be out of luck. Ucore Rare Metals has sold some convertible debentures, hopes to sell more. UEX has raised cash for exploration at Christie Lake in Saskatchewan.  more...

C:*MKTSHEL - Shell Summary for May 25, 2020
[2020-05-25 20:26]
Altina Capital plans to list with a $300,000 IPO at 10 cents. Its IPO agent is Haywood Securities. The shell's largest escrow shareholder is Terry Salman.  more...

C:*MKTOIL - Energy Summary for May 25, 2020
[2020-05-25 20:21]
Vermilion Energy announces the abrupt exit of its CEO, to be replaced by a committee. It also brings back a familiar face. Suncor Energy officially loses its "dividend aristocrat" status, and Cardinal Energy seeks to ease its debt burdens.  more...

C:*MKTPOT - Cannabis Summary for May 25, 2020
[2020-05-25 19:57]
Village Farms keeps rising after its 58.7-per-cent-owned JV, Pure Sunfarms, receives a cultivation and sales licence for its second marijuana greenhouse. 48North incurs a big loss in Q3 after vowing to focus on Canada, while Canopy continues to rise ahead of its Q4 results.  more...

C:*MKTGOLD - Gold Summary for May 25, 2020
[2020-05-25 17:07]
Banyan Gold has an initial resource estimate for its AurMac gold project in Yukon that eclipses its Hyland project, also in Yukon. Bam Bam Resources has completed a second hole at its Majuba Hill project in Nevada.  more...

C:CFI - Califfi Capital sues over failed Fenix QT
[2020-05-22 20:44]
Califfi Capital Corp. has filed a lawsuit over its recently failed QT. It complains that the QT target, Fenix Gold Inc., abandoned the deal and entered into a similar transaction with another company.  more...

C:*MKTSHEL - Shell Summary for May 22, 2020
[2020-05-22 20:30]
Hampton Bay Capital closes its small-business lending QT. Its resulting issuer will begin trading on Monday as Lendified Holdings. Kepler Acquisition firms up its e-sports QT with ESE Entertainment. ESE is boosting its financing by $500,000 to $2-million, still at 25 cents.  more...

C:*MKTOIL - Energy Summary for May 22, 2020
[2020-05-22 20:23]
Enbridge hits another stumbling block in its long quest to upgrade the aging Line 3. Canadian Natural Resources hears good news from the Sturgeon refinery. PetroShale has a new director courtesy of First Reserve, and Petrus Resources frets its debts.  more...

C:*MKTDIAM - Diamond & Specialty Minerals Summary for May 22, 2020
[2020-05-22 20:06]
Arctic Star Exploration has high hopes and great expectations for Diagras, but investors will have to be patient. Niobay Metals has new assays from the James Bay niobium project in Northern Ontario. Vanadiumcorp Resource has new assays from Lac Dore in Quebec.  more...

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