Stockwatch Street Wires
- Shell Summary for April 23, 2019
Three capital pool shells have arrived on the TSX-V: Mervyn Pinto and Zac Dolesky's Kepler Acquisition, Peter Rona's Bold Capital, and Neil Currie's First Light Capital. The Canaccord group's second SPAC expects to launch Columbia Care, a U.S. marijuana producer, on Monday.
- Diamond & Specialty Minerals Summary for April 23, 2019
Star Diamond expects its Fort a la Corne co-venturer to start work within weeks. Saint Jean Carbon is struggling to raise cash to pay bills and do a bit of work, somewhere. Largo Resources expects a break-even quarter, but its stock rallied today.
- Gold Summary for April 23, 2019
Mawson Resources receives encouraging, and yet promotionally challenging assays from Rajapalot in Finland. Red Pine Exploration has new assays from Surluga in Northern Ontario. Wallbridge Mining's stock rises following encouraging assays from Fenelon in Quebec.
- Energy Summary for April 23, 2019
Whitecap Resources boosts its cash flow forecast for 2019. Pipestone Energy enjoys insider buying. Questerre Energy arranges another equity financing aimed at international investors, and Falcon Oil talks up its Beetaloo project in Australia.
- BCSC sends Callaghan matter back to TSX-V
The BCSC has handed Frank Callaghan a victory in his effort to become an officer or director of three TSX-V companies. The regulator has found that the TSX-V unfairly rejected Mr. Callaghan, and has ordered the exchange to reconsider the matter.
- Diamond & Specialty Minerals Summary for April 22, 2019
Diamcor says that its weak sale of Krone-Endora rough was expected. Scandium International Mining is unfazed by a bureaucratic botch-up at Nyngan. Berkwood Resources has reclaimed its full interest in the Lac Gueret South graphite project in Quebec.
- Gold Summary for April 22, 2019
Westhaven Ventures disappointed the market with not-so-bad assays from Shovelnose in B.C. Guyana Goldfields received another, more personal salvo from a dissident group seeking control. Outcrop Gold has shuffled some management ahead of a new push at Cauca, in Colombia.
- Energy Summary for April 22, 2019
Husky Energy files a preliminary prospectus allowing it to raise up to $3-billion. Advantage Oil's CEO hypes the Alberta Montney. Molori Energy rolls back but cannot keep its stock up, and Permex Petroleum tries for the second time to raise $1.5-million.
- Diamond & Specialty Minerals Summary for April 18, 2019
Arctic Star has picked up new ground for its Finland diamond hunt. Advantage Lithium is pressing ahead with a prefeasibility study of the Cauchari lithium brine project in Argentina. Millennial Lithium has updated its Pastos Grandes resource in Argentina.
- Shell Summary for April 18, 2019
Timothy McCunn's second capital pool shell, Mercal Capital, receives shareholder approval for its merger with Livewell Canada and Vitality CBD Natural Health. The resulting issuer, a hemp CBD (cannabidiol) business, will trade on the CSE as Eureka 93.
- Energy Summary for April 18, 2019
Birchcliff Energy's CEO sings the praises of Alberta premier-designate Jason Kenney. NuVista Energy talks up its condensate production. Surge Energy plans a $30-million debt financing, and Pine Cliff makes its first asset acquisition in 3-1/2 years.
- Gold Summary for April 18, 2019
Goldcorp will delist next week and re-emerge as Newmont Goldcorp. Galway Metals is adding a second drill to its Clarence Stream project in New Brunswick. Warrior Gold has wrapped up drilling at Goodfish-Kirana in Ontario.
- Mesa Holdings defendant Montgomery receives one year
Mesa Energy Holdings Inc. defendant Nathan Montgomery has received one-year plus a day in jail. Prosecutors claimed that he was part of the pump-and-dumps of Mesa and three other OTC-BB listings.
- Diamond & Specialty Minerals Summary for April 17, 2019
GGL Resources is raising cash, presumably to raise its Stein. Niocorp Developments has rejigged its feasibility study of Elk Creek in Nebraska. Quantum Cobalt has encouraging assays from Kahuna in Ontario.
- IIROC pursues National Bank ex Mann for "gift trades"
IIROC has begun a case against Dwight Mann, the former head of a National Bank Financial Inc. group in Vancouver. The regulator cites him for manipulating the accounts of clients with "gift trades."
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