- Diamond & Specialty Minerals Summary for Nov. 26, 2020
RJK Explorations has found two new kimberlites near its diamondiferous Paradis Pond discovery in Northeastern Ontario. Goldcore Resources is rebranding its Lac Gueret South graphite project as Berkwood. Mason Graphite is plodding ahead at the main Gueret project.
- Gold Summary for Nov. 26, 2020
The blowback from the U.S. government's denial of permits for the Pebble project in Alaska continued to wreak havoc with Northern Dynasty Minerals, but the company vows to carry on. Genesis Metals gained ground on encouraging assays from Chevrier, in Quebec.
- Shell Summary for Nov. 25, 2020
Spartan Acquisition plans to launch Forbidden Distillery, a vodka maker in Kelowna. Forbidden must raise $3.6-million to $4.5-million at 30 cents. Victory Capital lines up a Mexican mining QT. Its target, Acapulco Gold, must raise $2-million to $3-million, no price yet.
- Cannabis Summary for Nov. 25, 2020
Connecticut eyes recreational cannabis legalization. Planet 13 turns its first quarterly profit. Village Farms secures a supply deal with Shoppers Drug Mart, and Plus Products sees profitability "on the horizon" (but a big debt maturity is closer still).
- Energy Summary for Nov. 25, 2020
Oil prices hit their highest levels since March. Canada's energy regulator says oil and gas demand has peaked, but production still has room to rise. Cardinal Energy flits up on a coy debt update, and PetroShale has free cash flow dreams and a new CFO.
- IIROC fines Mackie for failing to supervise Yasinowski
IIROC has fined Mackie Research Capital Corp. $75,000 over the actions of Darryl Yasinowski, a former Regina employee. The firm failed to detect unsuitable, high-risk trading that led to substantial client losses, according to IIROC.
- Gold Summary for Nov. 25, 2020
NuLegacy Gold is showing off its large package of stratigraphy, in the absence of assays, at its Red Hill gold project in Nevada. SSR Mining has assays from a new zone below its Copler open-pit mine in Turkey. Silver Elephant Mining has assays from El Triunfo in Bolivia.
- Diamond & Specialty Minerals Summary for Nov. 25, 2020
Diamcor Mining is plodding along with its convertible loan refinancing. Defense Metals has raided cash for metallurgical work at its Wicheeda rare earth project. Nouveau Monde Graphite is enthused about buying big electric trucks for its Matawinie graphite project.
- IIROC cites PI's former owner, Ng, for loan fraud
IIROC has filed a case against Gary Ng, the Winnipeg businessman who acquired Vancouver brokerage PI Financial Corp. in 2018 at the age of 34. According to IIROC, Mr. Ng paid for PI with loans backed by falsified account statements.
- Shell Summary for Nov. 24, 2020
Pinehurst Capital III plans to list with a $266,000 IPO at 10 cents. The IPO agent is M Partners. Subversive Capital arranges a California marijuana deal and plans to launch The Parent Company with rapper Jay-Z.
- Energy Summary for Nov. 24, 2020
Enbridge receives the remaining federal permits for Line 3, while its Line 5 faces a legal battle. Suncor Energy seeks full operatorship of Syncrude. Obsidian Energy presses on with its Bonterra bid and sees some institutional selling.
- Cannabis Summary for Nov. 24, 2020
Cannabis stocks head higher as U.S. President-elect Joe Biden begins his formal transition. Auxly Cannabis wants to raise $12-million. Vireo Health files a shelf prospectus, and Jushi Holdings hypes its U.S. expansion plans and mulls a European spinoff.
- Diamond & Specialty Minerals Summary for Nov. 24, 2020
Star Diamond finally has results from the fifth -- and surprisingly, the sixth -- of 10 trench cutter samples at FalCon. Saint Jean Carbon has shuffled its management further. Spearmint Resources has hit claystone in all 10 holes at McGee in Nevada. Now it awaits assays.
- Gold Summary for Nov. 24, 2020
Osisko Mining had strong assays from its Windfall project in Quebec, but it lost ground today. Skeena Resources did the same with promotable assays from Eskay Creek. Great Bear Resources bucked the trend, with a long hit from its Dixie project in Northwestern Ontario.
- SEC wins injunction, fine against McKnight, Wise
The SEC has won an injunction against Canadian Christopher McKnight and $307,185 (U.S.) in penalties for Florida's Aaron Wise. The men were part of a $42-million (U.S.) scheme that included Vancouver's Steve Bajic and others.
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