Stockwatch Street Wires
- 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."
- Shell Summary for April 17, 2019
Gregory Smith's first capital pool shell, Canadabis Capital, submits a filing statement for its Alberta marijuana QT. Robert Dzisiak's NEX shell, Tanzania Minerals, will hold a shareholders meeting on April 29 for its U.S. marijuana deal with Jushi Inc.
- Energy Summary for April 17, 2019
Alberta elects oil patch supporter Jason Kenney as its next premier. Tamarack Valley strains against mandatory production cuts. ARC Resources' CEO defends the company's lofty budget, and Valeura Energy receives U.K. regulatory approval to list in London.
- Gold Summary for April 17, 2019
GoGold Resources has assays from twinned historical holes at its Los Ricos project in Mexico. Magna Terra Minerals has ho-hum assays from its Luna Roja gold project in Argentina. Orsu Metals has a maiden resource estimate for Sergeevskoe in Russia.
- SEC asks judge to fine and permanently ban Masselli
The SEC has asked that a judge permanently ban Sandy Masselli, chairman of Carlyle Entertainment Ltd., for using investor money for his own expenses. The regulator is further seeking $578,573 (U.S.) in financial penalties.
- Shell Summary for April 16, 2019
David Rosenkrantz lists his first two shells, Pinehurst I and Pinehurst II, each with a $300,000 IPO. Geoff Balderson plans to list his seventh and eighth shells, Shooting Star Acquisition and Spectre Capital. Marc Sontrop plans to list his fourth shell, Aim4 Ventures.
- Energy Summary for April 16, 2019
Journey Energy treks up on pleasing wells in the Alberta Duvernay. Obsidian Energy talks up the Alberta Cardium. Pieridae Energy's CEO expects a final investment decision on Goldboro soon, and Bellatrix Exploration firms up its proposed recapitalization.
- Diamond & Specialty Minerals Summary for April 16, 2019
Star Diamond and Rio Tinto will start their bulk sampling at Star and Orion South when it warms up. Standard Lithium has raised nearly $12-million for its lithium project. Neo Lithium has begun the permitting work at Tres Quebradas in Argentina.
- Gold Summary for April 16, 2019
Max Resource has assays from its Choco conglomerate project in Colombia. Osisko Mining has new assays from Lynx at Windfall Lake in Quebec. Sokoman Minerals has more high-grade hits from Moosehead in Newfoundland, but investors expected better.
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