Stockwatch Street Wires
- Cannabis Summary for July 15, 2019
Flower One appoints Kellen O'Keefe as chief strategy officer. Acreage Holdings' chairman and CEO, Kevin Murphy, buys $2-million (U.S.) worth of Acreage shares. Aurora Cannabis receives production licences for two outdoor sites in B.C. and Quebec.
- Shell Summary for July 15, 2019
Salim Ansari's first capital pool shell, Nurcapital, arranges a Quebec diamond mining QT. Leland Hensch and Michael Auerbach's first SPAC, Subversive Capital, will begin trading tomorrow following a $575-million (U.S.) IPO at $10 (U.S.). It plans to seek a cannabis deal.
- Energy Summary for July 15, 2019
Canacol Energy drills more gas in Colombia, but has no word on its pipeline expansion plans. Gran Tierra completes a debt buyback and ends the suspension of its share buyback. Petrotal hypes its Peruvian production despite local agitation.
- Diamond & Specialty Minerals Summary for July 15, 2019
Tres-Or Resources is inching closer to a drill program at Guigues, in Quebec. Melkior Resources is keeping an eye out for lithium and rare earths at its Maseres gold project in Quebec. One World Lithium has new assays from Salar del Diablo in Mexico.
- Gold Summary for July 15, 2019
Barrick Gold lost ground today despite a multibillion-dollar damages award. Liberty Gold has encouraging new assays from Black Pine in Idaho. Golden Star Resources has high-grade encouragement from Wassa, in Ghana.
- SEC defendant Ficeto convicted in California
SEC defendant Todd Ficeto, charged alongside Vancouver Island man Colin Heatherington for a $200-million (U.S.) fraud, has been convicted in California. Prosecutors claimed that the men were part of a 2006 manipulation scheme.
- Shell Summary for July 12, 2019
Randy Clifford plans to list his fourth shell, ANC Capital. His shell-making record so far is one success and one failure for his shells' IPO investors. His third shell is still seeking a QT. Among his fellow directors at ANC is a colleague of his, Eugene Sekora.
- Cannabis Summary for July 12, 2019
Transcanna Holdings and Lifestyle Delivery cancel their proposed merger. Tetra Bio Pharma continues to fall as it closes an $8.05-million financing. Canntrust Holdings officially stops selling all of its products as it awaits word from Health Canada.
- SEC charges former Calgary lawyer for U.S. work
The SEC has filed civil charges against Scott Lawler, an Arizona lawyer who once practised in Calgary, for his part in two pump-and-dump schemes. The SEC claims that he helped others fraudulently obtain tradable shares.
- Energy Summary for July 12, 2019
Obsidian Energy sees its Peace River sale delayed into August. Delphi Energy has its credit reduced, but takes heart from its Montney output. Pieridae Energy wins deadline extensions at Goldboro, and Whitecap Resources and others defend their dividends.
- Diamond & Specialty Minerals Summary for July 12, 2019
Metalex Ventures still talks about U2 but plans no work until it gets deals with the locals. Manganese X Energy is acquiring the LAB graphite project in Quebec. Progressive Planet Solutions is getting out of lithium. Vanadiumcorp Resource has some cash for its Lac Dore play.
- Gold Summary for July 12, 2019
Roxgold has expanded its Ivory Coast gold resources to keep pace with production, more or less. Pacton Gold has eyeballed gold at Friendly Creek on its Australia-based Egina project. Gold Standard Ventures is raising more cash for its Railroad-Pinion project in Nevada.
- Cannabis Summary for July 11, 2019
A former Canntrust Holdings employee says the company used fake walls to hide unlicensed growing from Health Canada. Trulieve founders enter lock-up agreements for 59.25 per cent of Trulieve's voting shares. iAnthus's CBD For Life gets products into Dillard's stores.
- Shell Summary for July 11, 2019
Sally Poon and Anthony Zelen plan to list their first capital pool shell, Jessy Ventures, with a $200,000 IPO at 10 cents. James Pettit lists his first capital pool shell, Tri Capital Opportunities, following a $500,000 IPO at 10 cents.
- Porsche Financial seeks seizure of Pierce's Panamera
Porsche Financial Services Canada has filed a lawsuit seeking the seizure of a 2014 Porsche Panamera in the possession of Vancouver's Brent Pierce. According to the suit, Mr. Pierce is behind on his $4,875-per-month payments.
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