- Diamond & Specialty Minerals Summary for Jan. 22, 2021
Golden Share Resources is in no mood to share its gold with a mouldering diamond play. Noram Ventures is pleased with its latest poke at Zeus, a lithium project in Nevada. Nouveau monde Graphite is on track with its little graphite test plant at Becancour.
- Energy Summary for Jan. 22, 2021
Schlumberger joins the chorus of service providers saying the worst is over for oil. TransGlobe Energy is "high-grading opportunities" for 2021. Equinor sells its entire investment in Athabasca Oil, and Obsidian Energy is still chasing Bonterra Energy.
- Cannabis Summary for Jan. 22, 2021
StatsCan shows a slight monthly drop in Canadian cannabis sales for November. Recreational cannabis sales begin faster than expected in Arizona. Aurora Cannabis seeks to raise $125-million (U.S.), and Zenabis Global secures a $60-million credit facility.
- IIROC finds against Jenkins over mortgage products
IIROC has found former Edward Jones Inc. employee Dean Jenkins liable for a two-year effort to place clients into risky off-book mortgage products. His clients invested at least $980,000 in the products before mortgage regulators shut down the operation.
- Shell Summary for Jan. 22, 2021
POCML 5 plans to raise $10-million to $15-million at $1 in connection with its Colombian gold QT with Collective Mining. Shell graduate Enthusiast Gaming remains a success for the investors in two former shells, Tova Ventures II and J55 Capital.
- Gold Summary for Jan. 22, 2021
Iamgold has several long drill hits at Gosselin, a developing deposit at its Cote gold project southwest of Timmins. Another Timmins explorer, Moneta Porcupine Mines, is adding ounces by the millions through drilling and acquisition.
- Diamond & Specialty Minerals Summary for Jan. 21, 2021
Star Diamond has new enthusiasm -- perhaps -- for Orion North, an unloved stepchild of Star and Orion South. Neo Lithium is raising more cash from Tres Quebradas in Argentina. One Graphite is raising cash for new work at Graphite Creek, in Alaska.
- SEC says Texas lawyer "figurehead CEO" for Marshall
The SEC has filed charges against Texas lawyer Andrew Stack, citing him for a scheme that included former Vancouver resident William Scott Marshall. According to the SEC, Mr. Stack acted as a figurehead CEO for a supposed gold royalty company.
- Energy Summary for Jan. 21, 2021
The oil patch ponders the ramifications of a cancelled Keystone XL on other pipelines. Tourmaline Oil proposes its first ever note financing. Birchcliff Energy updates its five-year plan, and Gran Tierra unloads some Petrotal shares after all.
- Cannabis Summary for Jan. 21, 2021
Aphria's SweetWater expands westward into Colorado. Auxly Cannabis looks to raise $17.5-million, while Harborside sets its sights on $27-million. Canntrust earmarks $50-million for class action plaintiffs as part of a restructuring agreement.
- Gold Summary for Jan. 21, 2021
Eldorado Gold was down, QMX Gold was up sharply, as the two companies agreed to a friendly merger arrangement. Highgold Mining has new assays from its Johnson Tract gold project in Alaska, but the high grades were from base metals, not gold, leaving the market unenthused.
- Diamond & Specialty Minerals Summary for Jan. 20, 2021
Mountain Province Diamonds had a decent -- better than feared -- year mining diamonds at Gahcho Kue. Zimtu Capital hopes to shepherd Ares Strategic Mining and its Lost Sheep project through its fluorspar promotion, along with Commerce Resources and Saville Resources.
- Energy Summary for Jan. 20, 2021
New U.S. President Joe Biden keeps his word and kills Keystone XL on day one. Several producers may be on the hook for contingency payments, including Athabasca Oil. Whitecap Resources keeps busy with TORC, and NG Energy looks to raise $8.5-million.
- Shell Summary for Jan. 20, 2021
Aumento Capital VIII plans to list with a $500,000 IPO at 50 cents through Canaccord Genuity. Compass Venture expects to close its $350,000 IPO at 10 cents tomorrow. Its IPO agent is PI Financial.
- Cannabis Summary for Jan. 20, 2021
Joe Biden is sworn in as the next U.S. President. Valens warns of writedowns as it liquidates most of its oil inventory. YSS and Alcanna increase their Nova Cannabis financing, and High Tide and IM Cannabis wait for news on their desired Nasdaq listings.
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