Stockwatch Street Wires
- Shell Summary for Aug. 17, 2018
Arturo Bonillas lists his first capital pool shell, Magna Gold, following a $200,000 IPO at 10 cents.
Lucas Birdsall files a prospectus to list his first capital pool shell, BMGB Capital, with a 10-cent IPO through Haywood Securities.
- Diamond & Specialty Minerals Summary for Aug. 17, 2018
Dunnedin Ventures has raised more cash for its pipe hunt at the Kahuna dike project in Nunavut. Hudson Resources says that construction of its White Mountain anorthosite mine in Greenland is going well. Bearing Lithium has raised more cash for Maricunga in Argentina.
- Gold Summary for Aug. 17, 2018
Aurion Resources has been drilling at its Aamurusko project in Finland. A new pot of cash in hand, Auryn Resources has begun drilling at Homestake Ridge in northwestern B.C. Skeena Resources has received high-grade assays from Snip in northwestern B.C.
- CMKM defendant Dvorak reaches deal with prosecutors
CMKM Diamonds Inc. defendant Brian Dvorak will not go on trial later this month, as he had been scheduled to. He has reached a tentative deal with prosecutors in which he would avoid jail altogether.
- IIROC cites BBS Securities for shell IPO
IIROC has fined BBS Securities Inc. for its handling of a shell IPO. The firm paid several clients to become shareholders in the shell, allowing the stock to meet listing requirements.
- Shell Summary for Aug. 16, 2018
Arif Shivji lists his second shell, Hoist Capital, with a $400,000 IPO at 10 cents.
Craig Rollins plans to list his first shell, Drummond Ventures, with a 20-cent IPO. Drummond's escrow shareholders include Marcel de Groot and David De Witt.
- Diamond & Specialty Minerals Summary for Aug. 16, 2018
Mountain Province Diamonds held its sixth diamond sale of the year. Cruz Cobalt has wrapped up work at Hector ahead of drill target selection. Nevada Sunrise Gold has cancelled Advantage Lithium's option. Scandium International Mining seeks to expand the scandium market.
- Gold Summary for Aug. 16, 2018
Oceanagold has new assays from the Haile gold mine in South Carolina. Liberty Gold has encouraging assays from old leach pads and dumps at Goldstrike in Utah. Algold Resources has new assays from Eleonore South at Tijirit in Mauritania.
- SEC permanently bans Roe, fines him $50,000 (U.S.)
The SEC has fined Vancouver's Douglas Roe $50,000 (U.S.) and has permanently banned him for an attempted eco-tourism listing. The SEC said that he hid his role with the company, while a Jamaican man served as a figurehead officer.
- Shell Summary for Aug. 15, 2018
Benoit Chotard lists his second shell, Orletto Capital II, with a $400,000 IPO at 10 cents.
Wade Dawe and James Megann plan to list a shell called Battery Road Capital with a 10-cent IPO. Battery Road is the second shell for this duo, but it is the fourth for Mr. Dawe.
- Diamond & Specialty Minerals Summary for Aug. 15, 2018
Stornoway Diamond had a tough second quarter at Renard, but hopes for a better summer. Advantage Lithium has a dream sheet for its Cauchari lithium project in Argentina. Zenyatta Ventures has added a CEO. Ucore Rare Metals cheers a U.S. buying ban.
- Gold Summary for Aug. 15, 2018
Guyana Goldstrike has received assay encouragement from trenching at its Marudi project in Guyana. GGX Gold has hit precious metals at COD vein on its Gold Drop project in B.C. Telson Mining is baffled by bearish investors; says its projects are doing well.
- SEC seeks $5.2-million (U.S.) judgment for Telford
The SEC has filed a motion seeking a permanent ban and $5.2-million (U.S.) in financial penalties for Vancouver accountant Kenneth Telford. The regulator accuses him and an associate of running a pump-and-dump on the OTC Markets.
- Shell Summary for Aug. 14, 2018
Dave Eto's first shell, Kanzen Capital, firms up its QT with Geyser Management, an aspiring marijuana and hemp company in B.C. Among the men behind this deal are Aerock Fox, Brad Kersch and Andreas Thatcher.
- Diamond & Specialty Minerals Summary for Aug. 14, 2018
Altius may be getting closer to spinning off its Lynx diamond project in Manitoba. MGX Minerals has completed geophysics at Salinitas in Argentina. Trenching and drilling are next. Enertopia touts a second phase of preliminaries at Clayton Valley in Nevada.
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