Stockwatch Street Wires

C:*MKTGOLD - Gold Summary for June 5, 2020
[2020-06-05 17:35]
Pan American Silver has sold 10 million shares of Maverix. Equinox Gold has seen its almost CEO, Neil Woodyer, head off into the sunset. Euro Sun Mining has raised $22-million for further work at its Rovina Valley gold and copper project in Romania.  more...

C:*MKTSHEL - Shell Summary for June 4, 2020
[2020-06-04 20:49]
Woden Venture Capital files an information circular for its QT with Montreal app developer Geekco Technologies. The shell must raise $2-million at 40 cents. It will hold a special meeting on July 27 to seek shareholder approval for the QT.  more...

C:*MKTOIL - Energy Summary for June 4, 2020
[2020-06-04 20:24]
OPEC+ edges closer to extending production cuts. Atlantic Canadian drillers welcome plans to make the drilling approval process up to 10 times as fast. Spartan Delta outlines lofty production ambitions, and analysts eye Gran Tierra and its debt.  more...

C:*MKTPOT - Cannabis Summary for June 4, 2020
[2020-06-04 20:23]
Next Green Wave reports strong revenue growth and says it became cash-flow positive and had net income in March, April and May. Cannabis drug companies FSD Pharma and Cardiol Therapeutics raise $10.1-million and $17.25-million respectively.  more...

C:*MKTGOLD - Gold Summary for June 4, 2020
[2020-06-04 16:49]
The war to acquire Guyana Goldfields heats up. Western Copper and Gold expects to resume drilling at Casino on Yukon in mid-June. O3 Mining is tripling its two-year drill plan at its Val d'Or properties ahead of a Marban dream sheet late this year.  more...

C:*MKTDIAM - Diamond & Specialty Minerals Summary for June 4, 2020
[2020-06-04 16:35]
Arctic Star Exploration is seeking cash for its Timantti diamond project in Finland. Transition Metals has raised cash to help shop its Wollaston project to possible partners. Avalon Advanced Materials has permits for a Separation Rapids bulk sample.  more...

C:*MKTOIL - Energy Summary for June 3, 2020
[2020-06-03 20:40]
Brent oil prices briefly cross $40 (U.S.) for the first time in three months. Canacol Energy cheers better-than-expected gas demand in Colombia. Kelt Exploration wins another extension to its credit review, and Pieridae Energy makes its debut on the TSX.  more...

C:*MKTSHEL - Shell Summary for June 3, 2020
[2020-06-03 20:28]
Red River Capital arranges a QT with Bitcoin Solutions, the operator of 55 bitcoin ABMs in Canada. Cann-is Capital arranges a QT with Uptempo Inc., a U.S. company with an app for managing bill payments.  more...

C:*MKTDIAM - Diamond & Specialty Minerals Summary for June 3, 2020
[2020-06-03 20:05]
Star Diamond belatedly says that it is headed to court with Rio Tinto over its injunction request for the FalCon project. Katanga Mining has shareholder approval for the takeover by Glencore. Alphamin Resources has diluted its backers to pay down some debt.  more...

C:*MKTPOT - Cannabis Summary for June 3, 2020
[2020-06-03 19:42]
Planet 13 jumps after what initially had been an indifferent response to its Q1 results. Aurora sells its entire position in Alcanna, netting the company $27-million. FSD Pharma surges after getting FDA nod to conduct phase 2A trials on a COVID-19 treatment drug.  more...

C:*MKTGOLD - Gold Summary for June 3, 2020
[2020-06-03 17:28]
Centerra Gold has an encouragingly long gold hit at Mercedes, in Mexico. Rockridge Resources has more assays, but no rich hits, from its Raney project in Northern Ontario. Goldmining has a compliant resource estimate for its Almaden gold project in Idaho.  more...

U:*SEC - SEC defendant Ledvina receives probationary sentence
[2020-06-03 16:40]
SEC defendant Matthew Ledvina, one of those criminally charged alongside former Toronto broker Morrie Tobin for the Environmental Packaging Technologies Inc. manipulation, has avoided jail. A Boston judge has sentenced him to 2-1/2 years of probation.  more...

C:*MKTSHEL - Shell Summary for June 2, 2020
[2020-06-02 20:29]
Cassowary Capital arranges a Scottish Au-Cu QT with Western Gold. Capital pool shell Northern Aspect was a success for its IPO investors. Brockton Ventures, which is working on an e-sports QT, has lowered its financing to $1.3-million at 10 cents from $2-million at 15 cents.  more...

C:*MKTOIL - Energy Summary for June 2, 2020
[2020-06-02 20:29]
Oil prices head higher as OPEC+ reportedly mulls extending its production cuts. Baytex Energy trumpets its return to "recovery mode." Suncor Energy burnishes its low-carbon credentials, and Gran Tierra wins some much needed relief from its lenders.  more...

C:*MKTPOT - Cannabis Summary for June 2, 2020
[2020-06-02 20:09]
Planet 13 remains flat after posting a loss of $1.3-million (U.S.) in Q1, down from $2.6-million (U.S.) in Q4, while its revenue rose modestly despite COVID-19 affecting the latter half of March. Liberty Health plans to open its 24th dispensary in Florida.  more...

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