Stockwatch Street Wires
- Shell Summary for Jan. 22, 2019
Don Wright, Avi Grewal and John O'Sullivan's second shell, Cinaport Acquisition II, has moved its shareholders meeting to Jan. 30 from Dec. 20. It has added a director nominee, Sharon Ranson. The shell is working on a QT with a marijuana retailer, Fire & Flower.
- Energy Summary for Jan. 22, 2019
MEG Energy, having fended off Husky Energy's hostile takeover bid, outlines its plans for 2019. Razor Energy hopes some acquisitions will liven up an otherwise quiet year. Falcon Oil and Origin Energy prepare to resume drilling in Australia.
- Diamond & Specialty Minerals Summary for Jan. 22, 2019
Canalaska Uranium is still seeking diamonds in the Athabasca district of Saskatchewan, but its plans remain murky. GTA Resources and Mining's sale to CBLT is apparently back on. American Lithium is acquiring the Extinction Ridge vanadium project in Nevada.
- Gold Summary for Jan. 22, 2019
Gold Standard Ventures has resumed drilling at Dark Star, in Nevada. Continental Gold has high-grade assays from Veta Sur at its Buritica project in Colombia. Rio2 has new assays from Fenix in the Maricunga area of Chile.
- Biozoom defendant Ahearn avoids jail
Biozoom Inc. transfer agent John Ahearn has received a probationary sentence for his part in a $34-million (U.S.) pump-and-dump. He previously pleaded guilty and testified for the prosecution.
- Shell Summary for Jan. 21, 2019
Marc Sontrop's third shell, Aim3 Ventures, plans to acquire an aspiring African marijuana producer called Southern Sun Pharma. Mr. Sontrop's first two shells also closed marijuana deals and were both successes for their IPO investors.
- Energy Summary for Jan. 21, 2019
Peyto Exploration's CEO defends last week's dividend cut and laments a "serious crisis" in the gas industry. ARC Resources' chairman calls for the Alberta government to introduce mandatory production restrictions on gas. Granite Oil completes a financing.
- Diamond & Specialty Minerals Summary for Jan. 21, 2019
Stornoway Diamond has two new directors. Diamond Fields has wrapped up one phase of its intermittent mining at ML111, off the coast of Namibia. Pancontinental Resources is acquiring an option on the Strachan cobalt project in Northern Ontario.
- Gold Summary for Jan. 21, 2019
Westhaven Ventures slumped on high-grade assays from its Shovelnose project in B.C. Ximen Mining and GGX Gold have new assays from the COD vein at Gold Drop in B.C. Radisson Mining Resources has new assays from O'Brien in Quebec.
- Diamond & Specialty Minerals Summary for Jan. 18, 2019
North Arrow Minerals has more microdiamond counts from its Q1-4 kimberlite at Naujaat in Nunavut. First Vanadium has new assays from its Carlin vanadium project in Nevada. Frontier Lithium likes its channel sampling assays from Spark, in Ontario.
- Shell Summary for Jan. 18, 2019
Praveen Varshney's shell, AAJ Capital, launches Pharmacielo Ltd., a Colombian medical marijuana grower. Pharmacielo, which raised $47-million last year, expects to begin selling marijuana oil extracts in the third quarter.
- Energy Summary for Jan. 18, 2019
Frontera Energy and Parex Resources enjoy production boosts in Colombia. CGX Energy hopes to announce details of a $20-million (U.S.) financing within three weeks. Touchstone Exploration looks forward to "true exploration drilling" in Trinidad this year.
- Gold Summary for Jan. 18, 2019
Victoria Gold has received assays from Nugget's Raven, on its Dublin Gulch project in Yukon. Sandstorm Gold has acquired a royalty on Lundin Gold's Fruta del Norte in Ecuador. Goldsource Mines has raised cash for work at Eagle Mountain in Guyana.
- SEC defendant Khalupsky receives four years
SEC defendant Vladislav Khalupsky has received four years in jail for his part in a newswire hacking scheme. He was among a group that stole news releases in advance of their publication.
- Global Blockchain Tech answers AB Mining lawsuit
Global Blockchain Technologies Corp., responding to a $37.5-million lawsuit, denies that it did anything wrong in a deal to buy 3,000 Bitcoin mining machines. It says that it properly paid for the machines with shares.
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