Stockwatch Street Wires
- Diamond & Specialty Minerals Summary for June 26, 2017
Majescor Resources is going through the change. Lomiko Metals is raising cash for exploration, likely at La Loutre. CKR Carbon is saying goodbye to Michael England. Standard Lithium has raised over $7-million for lithium exploration in California.
- Gold Summary for June 26 2017
IDM Mining has a feasibility study of its Red Mountain gold project in northwestern British Columbia. Oceanagold has an optimization study of its Haile gold mine in South Carolina. Red Eagle Mining is seeking $46-million through a rights offering to fix its San Ramon mine.
- Shell Summary for June 26, 2017
Emprise Capital's NEX shell, Discovery Metals, is now acquiring seven properties in Mexico (previously six). It continues to sell its $10-million private placement at 50 cents. Meanwhile, Emprise has made $79,500 for itself by selling Discovery Metals shares at six cents.
- Energy Summary for June 26, 2017
Cenovus, already suffering from an unpopular acquisition and a surprise CEO retirement, is dealt a ratings downgrade by DBRS. Crescent Point accuses a Saskatchewan pipeline operator of impropriety. Penn West's investors approve a name change to Obsidian.
- Eight Capital men win identifying order for "MadeIn86"
Toronto businessmen Mark Attanasio and Donato Sferra have won a court order that may identify Stockhouse user "MadeIn86." The men claim that the user was behind a single defamatory post.
- Diamond & Specialty Minerals Summary for June 23, 2017
Shore Gold has signed two big deals to help advance its mammoth Star-Orion South diamond project in Saskatchewan. Orocobre has been plagued by snow at Olaroz in Argentina. Frontier Lithium is inching ahead with a prefeasibility study at PAK.
- Shell Summary for June 23, 2017
Vic Luhowy and Ken MacRitchie leave their capital pool shell, Antler Hill, to a new board comprising Matthew Wood, Peter Bures, Aneel Waraich and Ali Haji. Boris Ziger's shell graduate, Matica Enterprises, trades a higher-than-usual 23.1 million shares on marijuana hopes.
- Gold Summary for June 23, 2017
Blue River Resources is poised to start drilling at Okalla West in Cambodia. West African Resources is raising $17.5-million for work at Sanbrado in Burkina Faso. Silver Range Resources is touting its new Qannituq project in Nunavut.
- Energy Summary for June 23, 2017
Northern Blizzard appoints Adam Waterous chairman and adds Stockwell Day to its board. RMP Energy finishes its new facility at Elmworth, just in time for the second-half production program. Blackbird Energy strives to win back investors spooked by Stage.
- Portex ordered to pay $82,488 after ignoring lawsuit
Portex Minerals Inc. has been ordered to pay $82,488 to Stockhouse Publishing Ltd. over an unpaid advertising contract. The company ignored a lawsuit over the bill.
- Diamond & Specialty Minerals Summary for June 22, 2017
Zimtu Capital has begun exploring its Munn Lake diamond project in the Northwest Territories. Advantage Lithium says its drilling at Cauchari in Argentina is going well. First Cobalt wants to acquire Cobaltech Mining for its Duncan Kerr project in Ontario.
- Gold Summary for June 22, 2017
Orezone Gold will drill new areas at Bombore based on a new understanding of old high-grade assays. Newcastle Gold is raising $15-million to explore Castle Mountain and repay debt. Osprey Gold Development has new assays from old drill core at Goldenville.
- Swisher's Kipp, Viard convicted in North Carolina
Swisher Hygiene Inc.'s former executives, Michael Kipp and Joanne Viard, have been convicted for a 2011 accounting fraud. A judge has found that they manipulated the company's books to hit earnings targets.
- Shell Summary for June 22, 2017
Michael England's capital pool shell, BTU Capital, closes its Ontario gold QT. Dave McMillan's NEX shell, Stem 7 Capital, drops its acquisition of an on-line used-car auctioneer. It now hopes to find a graphite target in Brazil.
- Energy Summary for June 22, 2017
Birchcliff Energy's CEO hints that dividend increases are on the way, if the government does not "kill" the energy industry first. The land rush continues in Raging River's new Duvernay play. Canacol Energy has yet to finalize its pipeline financing.
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