Stockwatch Street Wires
- Cannabis Summary for June 14, 2019
Medmen Enterprises starts its Florida expansion with the opening of its first dispensary in the state. The dispensary is in West Palm Beach and will carry over 50 products. Village Farms files a prospectus to raise up to $100-million (U.S.) by issuing shares.
- Shell Summary for June 14, 2019
Eva Nakano's first capital pool shell, Kismet Resources, plans to launch Anthony Zelen's Diitalk Communications. The shell is raising $2-million to $3-million at 15 cents.
- Energy Summary for June 14, 2019
Foreign and domestic energy agencies have some bad news for the Canadian oil patch. Crescent Point tries to keep investors' spirits up at its AGM in Calgary. DXI Energy appoints a new CEO for the second time in six months.
- Core Gold's dispute with Piggott lands in court
Core Gold Inc. has filed a lawsuit against its former CEO, Keith Piggott. The company claims that he misappropriated money and that he falsely accused a director of having "conned" others.
- Diamond & Specialty Minerals Summary for June 14, 2019
Mountain Province Diamond's board has survived the voting ire of its lesser shareholders. Pacific Rim Cobalt has new assays from Cyclops in Indonesia. Explorex Resources is pleased with the looks of Buena Vista in Nevada. UEX is bullish over West Bear assays.
- Gold Summary for June 14, 2019
Azucar Minerals, up on anticipation earlier, dipped on new assays from El Cobre in Mexico. Wesdome Gold Mines has new assays from its Eagle River gold mine near Wawa in Northern Ontario, where it hopes to add to its resource estimate.
- Cannabis Summary for June 13, 2019
Hexo receives a medical cannabis licence from the Greek government, allowing it to build cultivation facilities in Thessaly, Greece. iAnthus comments on, and apologizes for, its regranting of stock options to insiders/employees at a lower exercise price.
- Diamond & Specialty Minerals Summary for June 13, 2019
Mountain Province and De Beers have a new kimberlite at Gahcho Kue. International Lithium has extended its placement to raise cash for Raleigh Lake in Ontario. Rock Tech Lithium has staked an access route to its Georgia Lake lithium project in Northwestern Ontario.
- Gold Summary for June 13, 2019
Red Pine Exploration has a new, markedly different, resource update for Surluga, near Wawa in Ontario. Auryn Resources has new assays from old drill core from the Fierrazo zone at Sombrero in Peru. The company says the geology bodes well for future finds.
- Arias Intel defendant Sidhu freed on bond
Arias Intel Corp. defendant Kuldeep Sidhu, a Vancouverite who pleaded guilty to criminal charges stemming from the prosecution of TheMoneyStreet, is finally out of jail. A judge has freed him on a $20,000 (U.S.) bond.
- Cannabis Summary for June 12, 2019
Nutritional High receives a California distribution licence for its Sacramento facility. Invictus's subsidiary, Acreage Pharms, is operating at full capacity at its Alberta phase 1 and 2 facilities. It expects to produce 200 kg a month of dried cannabis at the facilities.
- ASC cites Budzinski for BCM Resources trades
The ASC has begun a market manipulation case against an Edmonton pastor, Gerald Budzinski, accusing him of boosting the price of TSX-V listing BCM Resources Corp. through accounts that he controlled.
- Energy Summary for June 12, 2019
Ottawa rejects most of the Senate's amendments to Bill C-69, barely a day after six premiers urged that all amendments be accepted. Canacol Energy hits gas in Colombia. Perpetual Energy wants a review of tax rules, and Painted Pony plods ever downward.
- Diamond & Specialty Minerals Summary for June 12, 2019
Brixton Metals' Langis diamond project has disappeared into a promotional black hole. Largo Resources has upped its vanadium resource at Novo Amparo Norte, near its vanadium mine in Brazil. Canalaska Uranium has new nickel and cobalt assays from Manibridge in Manitoba.
- Gold Summary for June 12, 2019
Iamgold and Yorbeau Resources have new assays from the Rouyn gold project in northwestern Quebec. Bonterra Resources has a bonanza-grade hit from Gladiator and high-grade hits at Barry, on its Urban Barry project in northwestern Quebec.
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