Stockwatch Street Wires
- SEC defendant Withrow sentenced to house arrest
SEC defendant Edward Withrow III has successfully avoided jail for a 2013 pump-and-dump, with a judge sentencing him to five months of home confinement. His co-accused, Vancouver resident Marco Babini, remains wanted.
- Diamond & Specialty Minerals Summary for Dec. 12, 2018
North Arrow Minerals is considering a big bulk sample at Naujaat, but it needs a lot of cash. Search Minerals is looking for $600,000 to explore its rare earth projects in Labrador. Zenyatta Ventures is seeking cash for work at its Albany graphite project in Ontario.
- Shell Summary for Dec. 12, 2018
Scott McGregor lists his first shell, Gegs Capital, with a $459,200 IPO at 10 cents. Reza Satchu's second SPAC, Alignvest Acquisition II, files a prospectus for its deal with Sagicor Financial, an insurance provider in the Caribbean.
- Gold Summary for Dec. 12, 2018
Great Bear Resources has disappointed investors with new assays from Dixie, near Red Lake in Northwestern Ontario. Atac Resources has lost its Orion partner. Prize Mining has new assays from its Kena project in southeastern B.C.
- Energy Summary for Dec. 12, 2018
TORC Oil releases its 2019 guidance and reiterates its confidence in its recently raised dividend. Crew Energy plans a Montney-focused spending program in 2019. Kelt Exploration claims it could slash its 2019 budget while barely affecting production.
- SEC defendant Costantin receives one year in prison
SEC defendant Steven Costantin has received one year in jail for a three-year insider trading scheme. Prosecutors claimed that he and three others made $3.9-million (U.S.) using confidential information from investment banks.
- Gryphon Gold shareholders sued for defamation
Gryphon Gold Corp. shareholders Murray Bockhold and Ian Dawson are facing a defamation lawsuit over on-line statements surrounding the company's demise. They allegedly accused a lender of orchestrating the company's bankruptcy.
- Diamond & Specialty Minerals Summary for Dec. 11, 2018
Stornoway Diamond has found some new cash to tide it over. Progressive Planet Solutions has raised cash for product research and development. International Lithium says a not-so-fond goodbye to two major shareholders.
- Gold Summary for Dec. 11, 2018
Canadian Orebodies has a glittering assay form its Wire Lake project in Northern Ontario. Aurion Resources has assay encouragement from Risti in Finland. Alexandria Minerals has new assays from its Cadillac Break project in Quebec.
- Shell Summary for Dec. 11, 2018
Peter Rona plans to list his first shell, Bold Capital Enterprises, with a 10-cent IPO. His experiences and those of his fellow shell directors include tech promotion, furniture procurement, Honduran resort management and cat litter sales.
- Energy Summary for Dec. 11, 2018
Cenovus Energy looks to the oil sands for a 2019 production boost. Athabasca Oil arranges a $265-million asset sale. Peyto Exploration reaches its lowest levels in nearly 10 years, and Cardinal Energy continues to fall in the wake of its dividend cut.
- Shell Summary for Dec. 10, 2018
Wade Nesmith's second capital pool shell, Creation Capital, plans to launch Greenlane Biogas North America. The shell will be raising $10-million by private placement, but it has not yet set the terms.
- Barkerville ex Callaghan seeks return to TSX-V
Barkerville Gold Mines Ltd.'s former CEO, Frank Callaghan, appeared before the BCSC on Monday as part of a legal fight to be an officer or director of a public company once again. He says that the TSX-V has unfairly refused to approve him.
- Diamond & Specialty Minerals Summary for Dec. 10, 2018
Olivut Resources is rescheduling a geophysical survey at Seahorse to next spring. Vanadiumcorp Resource will resume trading on Tuesday. Berkwood Resources is drilling again at its Lac Gueret South graphite project in Quebec.
- Gold Summary for Dec. 10, 2018
Aton Resources has new assays from Rodruin at Abu Marawat in Egypt. Banyan Gold has new assays from Aurex-McQuesten in Yukon. Alacer Gold has a maiden resource estimate for Ardich, near its Copler mine in Turkey.
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