Stockwatch Street Wires
- Shell Summary for Dec. 10, 2019
Harry Pokrandt plans to list his first capital pool shell, Baltic I Acquisition, with a $250,000 IPO at 10 cents. The IPO agent is Haywood Securities. Mr. Pokrandt's fellow shell directors are Jay Sujir and Luke Alexander.
- Cannabis Summary for Dec. 10, 2019
Solace Health arranges a $20-million (U.S.) private placement that has orders from company insiders. Ignite closes a $10-million second tranche of its convertible debenture financing. Harvest Health releases vaporizers in Arizona, Colorado and Maryland.
- Diamond & Specialty Minerals Summary for Dec. 10, 2019
Tres-Or Resources is finally drilling its Guigues kimberlite in northwestern Quebec. Noble Mineral Exploration has new nickel and cobalt assays from Crawford in northern Ontario. Progressive Planet Solutions talks rheology about zeolite as a fly ash replacement.
- Gold Summary for Dec. 10, 2019
Teranga Gold is acquiring the Massawa gold deposit in Senegal from Barrick Gold to boost production from its Sabodala mine. Superior Gold is pleased with a new batch of assays from its Plutonic mine in Australia, where it hopes to expand the reserve, and hence the mine life.
- SEC-banned Paolucci receives seven years in jail
SEC defendant Dino Paolucci has received a seven-year jail term in the United States. Prosecutors in Pennsylvania charged him for the manipulation of four stocks, with one of those schemes resulting in $12-million (U.S.) in gains.
- Regency Silver's DeCotiis sues for control of company
Regency Silver Corp., a would-be listing with a project in Mexico, has landed in a legal dispute between promoters Ivano DeCotiis and Bruce Bragagnolo. Mr. DeCotiis is seeking control of the company and an accounting of its money.
- Shell Summary for Dec. 9, 2019
Battery Mineral Resources, the Australian QT target of January Vandale's Fusion Gold shell, has become insolvent. The shell has a "new" QT target, a newly formed B.C. company called Battery Mineral Resources, which now owns the insolvent company's mining assets.
- Cannabis Summary for Dec. 9, 2019
Canopy Growth ends its long CEO search with the appointment of Constellation executive David Klein. Xphyto narrows its focus on epilepsy treatment products for 2020. Curaleaf Holdings appoints Joe Bayern as president.
- Diamond & Specialty Minerals Summary for Dec. 9, 2019
Diamond zombie Debut Diamonds is about to shuffle its last; KWG Resources may take its place. Argentina Lithium and Energy seeks working capital. Blue Sky Uranium lines up drill targets at Amarillo Grande in Argentina.
- Gold Summary for Dec. 9, 2019
MacDonald Mines Exploration has new assays from a new structure at Scadding, on its SPJ project near Sudbury. Victoria Gold has new assays from trenching at Raven, an expanding gold target on its Dublin Gulch property in Yukon.
- SEC seeks $435,889 (U.S.) decision against Broyles
The SEC is seeking $435,889 (U.S.) in penalties against Thomas Broyles, one of a group of people charged over a gold mine scheme run by Vancouver's William Scott Marshall. The men cold-called investors while failing to disclose massive commissions.
- Shell Summary for Dec. 6, 2019
Eva Koci's first capital pool shell, Klinik Health Ventures, closes a $3-million IPO at 20 cents. It plans to seek a health care QT. Vancouver brothers
Darren and Jeff Tindale plan to list their first capital pool shell, Whatcom Capital Corp., with a $500,000 IPO at 10.
- Cannabis Summary for Dec. 6, 2019
Ontario says cannabis 2.0 products (such as edibles and beverages) will not be available until Jan. 6, 2020. Cansortium opens its 18th dispensary in Florida. Harvest Health arranges a $90-million (U.S.) note financing. Hexo closes a $70-million debenture financing.
- Diamond & Specialty Minerals Summary for Dec. 6, 2019
Star Diamond expects some big exploration bills ahead, it appears. Canada Cobalt Works has begun drilling at Castle East in Ontario. Lomiko Metals thinks that spherical graphite is the answer to making La Loutre profitable.
- Gold Summary for Dec. 6, 2019
Kinross is selling a bundle of Lundin Gold shares. Scorpio Gold has new assays from Goldwedge in Nevada. Tudor Gold has raised $3-million for more work at its Treaty Creek project in northwestern B.C.
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