Stockwatch Street Wires

C:*MKTSHEL - Shell Summary for Nov. 13, 2019
[2019-11-13 21:47]
Patrick Langlois's first capital pool shell, Angus Ventures, closes its Ontario mining QT. John MacPhail's NEX shell, Pacific Arc Resources, arranges an African offshore oil exploration deal with Port Energy. Pacific Arc and Port Energy aim to raise $4-million.  more...

C:*MKTPOT - Cannabis Summary for Nov. 13, 2019
[2019-11-13 21:32]
Charlotte's Web falls after reporting a loss of $1.3-million (U.S.) on revenue of $25.1-million (U.S.). Bevcanna signs an LOI to acquire a CBD juice company for $4-million (U.S.). Emerald Health falls after arranging a $2.5-million financing.  more...

C:*MKTDIAM - Diamond & Specialty Minerals Summary for Nov. 13, 2019
[2019-11-13 21:00]
Mountain Province Diamonds hopes the hunt for Gahcho Kue tonnes leads to Kelvin and Faraday. Lithium Americas plods along at Cauchari-Olaroz, expects to start production in 2021. First Cobalt talks up its cobalt refinery plan.  more...

C:*MKTOIL - Energy Summary for Nov. 13, 2019
[2019-11-13 20:40]
Eco (Atlantic)'s stock plunges as its Guyanese oil discoveries prove not as sweet as hoped. The neighbouring CGX Energy follows Eco down. Here in Canada, Cardinal Energy boosts its budget, and Storm Resources hopes for near-term gas price improvements.  more...

C:*MKTGOLD - Gold Summary for Nov. 13, 2019
[2019-11-13 20:04]
Continental Gold has licences allowing it to drill two new targets at its Buritica project in Colombia Goldsource Mines has new assays from Salbora, near its Eagle Mountain deposit in Guyana, that it thinks could bolster the latter project.  more...

U:*SEC - SEC defendant Husain receives probationary sentence
[2019-11-13 15:59]
SEC defendant Imran Husain has received three years of probation for a $2.25-million (U.S.) shell factory scheme. Prosecutors did not seek to imprison him, citing substantial assistance with yet-to-be unveiled investigations.  more...

C:*MKTSHEL - Shell Summary for Nov. 12, 2019
[2019-11-12 21:05]
Chris Schnarr's second capital pool shell, Mithrandir Capital, plans to launch a mobile game developer called PopReach Inc. This target is considering raising up to $3-million by private placement, but there is no financing requirement in connection with the QT.  more...

C:*MKTPOT - Cannabis Summary for Nov. 12, 2019
[2019-11-12 20:46]
Organigram falls after suggesting net revenue of $16.3-million in fiscal Q4, down from $24.8-million in Q3. Cronos reports net revenue of $12.7-million, below the consensus estimate of $14.1-million. Medipharm falls after earning $3.2-million on revenue of $43.3-million.  more...

C:*MKTOIL - Energy Summary for Nov. 12, 2019
[2019-11-12 20:22]
NuVista Energy keeps trying and mostly failing to impress investors with its three-year plan to reach free cash flow. Enerplus directs more of its cash to share buybacks, while playing down talk of potential acquisitions. Pieridae Energy has a new CFO.  more...

C:*MKTDIAM - Diamond & Specialty Minerals Summary for Nov. 12, 2019
[2019-11-12 20:03]
RJK Explorations has expanded its Ontario diamond hunt, adding new ground near its Bishop project. Vanadium One Iron has raised some cash, and hopes for more, for its Mont Sorcier project in Quebec. Great Atlantic Resources plans work in a safe eastern realm.  more...

C:*MKTGOLD - Gold Summary for Nov. 12, 2019
[2019-11-12 19:53]
Vizsla Resources has due diligence assays from Panuco in Mexico. Unigold has assays from drilling at the Candelones Extension deposit at Neita in the Dominican Republic. Endeavour Silver has high-grade assays from the El Curso portion of the P4 deposit in Mexico.  more...

C:*ASC - ASC fines, bans Calgary's Zang for Kilimanjaro
[2019-11-12 18:02]
The ASC has fined and banned Calgary lawyer John Zang over the Kilimanjaro Capital Ltd. manipulation. His violations included helping with share sales that continued after a cease trade order.  more...

C:*MKTSHEL - Shell Summary for Nov. 11, 2019
[2019-11-11 20:46]
Margarita Alter plans to list her first shell, A-Labs Capital V, with a $200,000 to $500,000 IPO at 10 cents. The IPO agent is Leede Jones Gable. Ms. Alter is a colleague of Doron Cohen, who began the A-Labs series of shells. None of the A-Labs shells has closed a QT.  more...

C:*MKTOIL - Energy Summary for Nov. 11, 2019
[2019-11-11 20:28]
The oil patch looks on as Alberta Premier Jason Kenney rails away at Ottawa. Pengrowth continues to push for its Cona Resources deal. Kelt Exploration and Advantage Oil keep busy in the Montney, and Valeura Energy pins its near-term hopes on Devepinar.  more...

C:*MKTPOT - Cannabis Summary for Nov. 11, 2019
[2019-11-11 20:10]
Aleafia grew 10,300 kilograms of marijuana at its Port Perry, Ont., outdoor harvest at a cost of just eight cents a gram this year. Nutritional High appoints Tom Kruesopon as a director. Khiron's JV partner plans to start selling Aceso's hemp products in Colombia.  more...

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