- Shell Summary for Sept. 24, 2020
Cann-is Capital arranges a QT with its former QT target, CWE European, a German hemp/CBD store operator. Cassowary Capital will hold a shareholders meeting on-line on Oct. 20 to seek approval for its Scottish mining QT.
- SEC defendant Mancino looks to avoid jail
SEC defendant Dennis Mancino, facing six years in jail for a 2018 pump-and-dump, has asked the judge to spare him prison. He says that his teenage son will have nowhere safe to go should he end up incarcerated.
- Diamond & Specialty Minerals Summary for Sept. 24, 2020
Cruz Cobalt is still pondering what it will do with its new diamond and cobalt properties. First Cobalt disagrees with Elon Musk and Tesla Motors over the future of cobalt in electric vehicles. On the other hand, Manganese X Energy is happy with Mr. Musk's thoughts.
- Cannabis Summary for Sept. 24, 2020
The CEO of Aurora Cannabis continues to plug his turnaround plan. C21 Investments turns a profit, but has grim news in Oregon. WeedMD taps a major shareholder for credit, and Vivo Cannabis closes a partial debt refinancing.
- Energy Summary for Sept. 24, 2020
The government's Throne Speech falls mostly flat in the oil patch. Vermilion Energy has unwelcome news in France. Touchstone Exploration investors and Reconnaissance Energy investors eagerly await their respective near-term wells in Trinidad and Namibia.
- Gold Summary for Sept. 24, 2020
West Red Lake Gold Mines slumped on so-so assays from Rowan, one of its Red Lake-area projects. Westhaven Gold has assays from a discovery hole into the Franz zone at its Shovelnose project, near Merritt in southwestern B.C.
- IIROC finds against Jones over hose business
IIROC has found that former Manulife Securities Inc. employee Alvin Jones violated the rules for outside businesses when he placed clients into a supposed high-tech hose company. His clients lost their entire investment.
- Shell Summary for Sept. 23, 2020
Marwest Apartment closes its $500,000 IPO at 50 cents and begins trading. Magnitude Mining submits a filing statement for its Peruvian mining QT with Pucara Resources. The shell and its target expect to close the QT next week. Pucara has raised $8.5-million at 40 cents.
- Energy Summary for Sept. 23, 2020
Oil prices wobble as bullish statistics war with bearish predictions. Analysts place their bets on their Canadian favourites. Cenovus Energy's CEO talks up indigenous relations, and Gran Tierra tries to haul its production back on track.
- Cannabis Summary for Sept. 23, 2020
Aurora Cannabis tumbles as it posts one of the industry's largest ever net losses, but its new CEO says he has a plan. Trulieve Cannabis and Flower One enjoy analyst adulation. Village Farms talks up the expansion plans for Pure Sunfarms.
- Gold Summary for Sept. 23, 2020
Oceanagold has an encouraging new study of its Haile mine in South Carolina. Warrior Gold has assays from its Goodfish-Kirana drill program in Ontario. Desert Gold Ventures has assays from drilling at its SMSZ gold project in Mali.
- Diamond & Specialty Minerals Summary for Sept. 23, 2020
North Arrow Minerals has started geophysical preliminaries at its Loki project south of Lac de Gras. Zen Graphene Solutions is cheering a COVID-fighting ink that it is developing. Noram Ventures is inching closer to a drill program at its Zeus lithium project in Nevada.
- SEC charges Canadian group for $6.6M (U.S.) OTC scheme
The SEC and U.S. prosecutors have filed charges against a group of promoters connected with a touting website called Stockpalooza.com. The group, which includes three Canadians, ran pump-and-dumps that produced $6.6-million (U.S.) in gains, the SEC says.
- Diamond & Specialty Minerals Summary for Sept. 22, 2020
Mountain Province Diamonds has sold some rough in Belgium. It was a modest sale at a modest price, but the company is pleased. Plateau Energy Metals is plodding along at Falchani and Macusani. Energy Fuels has a grant to support its rare-earth-from-coal project.
- Energy Summary for Sept. 22, 2020
Obsidian Energy files an eyebrow-raising circular as it pursues its hostile takeover bid for Bonterra Energy. Africa Energy and TAG Oil close financings with insiders. Parex Resources enjoys analyst attention.
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