Stockwatch Street Wires
- Shell Summary for Jan. 23, 2018
Robert Meister's first shell, Cabernet Capital, plans to invest in two Asian IT firms for the shell's QT. Its targets are a Singaporean IT services provider and a Korean coal supplier turned cryptocurrency company.
- BCSC-banned Hable reappears with new name
The BCSC has warned investors about Volkmar Hable, a man previously fined and banned for manipulating a TSX-V company. He has changed his name to Jacob DeMedici and has set up a company that claims to have raised $6-billion (U.S.).
- SEC defendant Almagarby protests charges
SEC defendant Ibrahim Almagarby, accused of improperly selling 7.4 billion shares in a group of companies, denies any wrongdoing. He says that all he did was acquire cheap stock and sell it at a profit.
- Energy Summary for Jan. 22, 2018
Niko Resources' JV partners are working to boost production in India. Manitok Energy files for bankruptcy. Iron Bridge Resources plans to change its business.
- Shell Summary for Jan. 22, 2018
Timothy McCunn's Percy Street Capital plans a QT to acquire Livewell Foods and its four businesses: vegetables, hemp seeds, cheese spreads and medical marijuana. OV2 Investment's QT target arranges a $15-million financing to help find its first blockchain investment.
- Gold Summary for Jan. 22, 2018
Red Pine Exploration has received encouraging new assays from its Wawa project in Northern Ontario. Tudor Gold has new assays from Treaty Creek in northwestern British Columbia. Enforcer Gold will start drilling at Roger in Quebec next month.
- Diamond & Specialty Minerals Summary for Jan. 22, 2018
Mountain Province Diamonds has hit kimberlite at Gahcho Kue and has its eyes set on more. Lico Energy Metals has hit high-grade cobalt at Teledyne in Ontario. Castle Silver Resources is about to become Canada Cobalt Works, as its Castle silver mine becomes a cobalt play.
- Diamond & Specialty Minerals Summary for Jan. 19 2018
Stornoway Diamond has big exploration plans at Renard, its Quebec diamond mine, this year. Nevada Sunrise Gold has encouraging assays of cobalt and nickel from its Lovelock project in Nevada. Pure Energy Minerals is fixing its dream sheet for Clayton Valley in Nevada.
- Shell Summary for Jan. 19, 2018
Vince Gasparro and Michael Galego's first capital pool shell, Apolo Acquisition, expects to close its cryptocurrency mining QT next week. Mr. Gasparro and Mr. Galego now plan to list their second capital pool shell, Apolo II Acquisition, with a $500,000 IPO at 10 cents.
- Gold Summary for Jan. 19, 2018
White Gold has the rest of its assays from drilling last year at its White Gold project in Yukon. Atlantic Gold says its Moose River Consolidated mine in Nova Scotia will do well this year. Dissidents and management continue to fight for control of East Asia Minerals.
- Energy Summary for Jan. 19, 2018
Pentanova Energy will soon drill its first well at Maria Conchita in Colombia. Gas producer Ikkuma Resources has a new CFO, the former CFO of Painted Pony Energy. Emerald Bay Energy talks up production in Texas. Marksmen Energy drills a new well in Ohio.
- SEC defendants Cervino, Khan sentenced in New York
SEC defendants Christopher Cervino and Abida Khan have received one-year and four-year jail terms for their parts in a scheme run by Vancouver-linked fraudster Ed Durante. They put retirees and widows in to a now-worthless pink sheets company.
- Diamond & Specialty Minerals Summary for Jan. 18, 2018
Diamonds may not be in the CARDS for Albert Mining in the James Bay region of Quebec. Advantage Lithium has new lithium assays from Cauchari in Argentina. Standard Lithium is touting plans for a pilot plant in Arkansas. Goldstar Minerals has found New Brunswick tin.
- Shell Summary for Jan. 18, 2018
Paul Andreola plans to list his first shell, Ironwood Capital, with a
$202,400 IPO at 20 cents. His two fellow directors are Colin Bowkett and Greg Smith. Harry and Sonny Chew's NEX shell, Pacific Arc, nearly doubles after saying "blockchain."
- Gold Summary for Jan. 18, 2018
Rye Patch Gold is raising $15-million to spruce up its balance sheet, and it is seeking alternatives to boost its value. Barsele Minerals has new assays from Barsele in Sweden. Nulegacy Gold has new assays between Serena and North Iceberg at its Red Hill project in Nevada.
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