- Diamond & Specialty Minerals Summary for Feb. 25, 2021
Lucara Diamond suffered a loss last year as revenues dropped at Karowe. Avalon Advanced Materials has a good risk rating, but it needs lenders to like its credit rating. Transition Metals is about to spin off Aer-Kidd as SPC Nickel.
- Richardson GMP asks judge to dismiss Bockhold lawsuit
Richardson GMP Ltd. says a lawsuit brought by Vancouver's Murray Bockhold should be dismissed, as it has no hope of success. Mr. Bockhold claims that Richardson GMP is responsible for his firing by CIBC World Markets Inc. in 2018.
- Shell Summary for Feb. 25, 2021
Valdy Investments plans to acquire an aspiring cryptocurrency and security token trading company, INX Ltd. The target is selling $25-million worth of shares at $1.25 and $117-million (U.S.) worth of security tokens at 90 U.S. cents.
- Cannabis Summary for Feb. 25, 2021
Indus plans to change its name and buy Lowell Herb, supposedly a Hollywood favourite, for $39-million (U.S.). Red White follows Ayr Wellness and Cresco Labs into Florida as it buys assets from Acreage. Valens discusses an unsurprisingly difficult quarter.
- Energy Summary for Feb. 25, 2021
Baytex Energy heads lower on dwindling reserves (Exxon can sympathize). Whitecap Resources closes its TORC takeover and firms up its 2021 guidance. Suncor wants Russ Girling on its board, and Gran Tierra reiterates its 2021 guidance to the doubters.
- Gold Summary for Feb. 25, 2021
Palladium One Mining leapt higher on word that it has raised $15-million for palladium exploration in Finland and Canada. Galiano Gold has a long, lower-grade hit at Miradani in Ghana. Troubadour Resources is warbling sweetly about high-grade grab samples at Texas in B.C.
- Diamond & Specialty Minerals Summary for Feb. 24, 2021
RJK Explorations has its eighth kimberlite find in a year at Bishop and it awaits a big batch of diamond counts. Noram Ventures has wrapped up another hole at Zeus, its lithium claystone project in Nevada. First Cobalt has new targets at Iron Creek in Idaho.
- SEC wins $14.4-million (U.S.) decision in Bajic case
The SEC has won judgments totalling $14.41-million against three entities that were part of an offshore scheme that facilitated the sale of millions of shares by insiders. The man accused of running the scheme is Vancouver's Steve Bajic.
- Cannabis Summary for Feb. 24, 2021
Canopy Growth files a shelf prospectus qualifying up to $2-billion (U.S.) in potential financings. Aphria and Tilray make further (clumsy) attempts to promote their planned merger. Verano Holdings wants to raise $100-million and expand in Arizona.
- Energy Summary for Feb. 24, 2021
Major trading houses retrieve their trumpets, ignoring the lessons of 2018 and forecasting a return to $100 (U.S.) oil prices. Crescent Point posts $2.5-billion net loss for 2020. i3 Energy talks up its production and planned dividend.
- Gold Summary for Feb. 24, 2021
Centerra Gold slipped on word of a coming dividend. Fabled Silver Gold has another set of modest silver and gold assays from Santa Maria in Mexico. Silvercrest Metals has some promising high-grade assays from El Picacho, near Las Chispas in northwestern Mexico.
- SEC halts would-be cannabis listing Bangi
The SEC has halted Bangi Inc., a subpenny listing with Edmonton roots, amidst what the regulator calls potentially fraudulent trades. The stock has traded billions of shares in recent weeks, climbing sharply on no news.
- Diamond & Specialty Minerals Summary for Feb. 23, 2021
North Arrow Minerals is seeking the source of encouraging indicator minerals at Loki. Niocorp Developments is an eager land buyer in Nebraska. Northern Graphite is cheering its big flakes at Bissett Creek, a graphite project in Ontario.
- Energy Summary for Feb. 23, 2021
The value of Alberta's oil production has returned to pre-COVID levels, according to the province's central chief economist. Crescent Point and Frontera Energy bask in very different forms of attention. Pan Orient resumes drilling in Thailand.
- Shell Summary for Feb. 23, 2021
Baltic I Acquisition plans to acquire a Texas bitcoin miner, Enigma Holding. NEO SPAC Ceres Acquisition arranges a U.S. marijuana deal with Parallel (Surterra Holdings). Parallel expects to raise $225-million (U.S.) at $10 (U.S.).
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