22:25:34 EDT Thu 10 Jul 2025
Enter Symbol
or Name
USA
CA



Shell Summary for Sept. 17, 2020

2020-09-17 20:01 ET - Market Summary

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

by Stockwatch Business Reporter

The TSX Venture Exchange lost 4.13 points to close at 743.22 Thursday. Joel Freudman's first capital pool shell, Holly Street Capital Ltd. (HSC: halted), plans to acquire a mining junior, Southern Sky Resources Corp., for the shell's qualifying transaction. The shell will roll back 1 for 2, leaving it with 3,755,000 shares issued, then issue 20.5 million shares to its target's shareholders.

Southern Sky has a five-year option to acquire a 75-per-cent interest in Project X, a 584-hectare gold property in western Colombia. The optionor is an unidentified private Colombian company. In 1997 and 1998, a previous operator drilled 14 holes at Project X. Assays included 18.9 metres of 3.56 grams per tonne gold, 451 metres of 0.7 g/t gold and 157 metres of 0.95 g/t gold. Southern Sky is now conducting mapping and sampling, and it is planning a geophysical survey. It is also working on a technical report. On closing of the QT, the optionor will receive 50,000 shares of the resulting issuer.

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS

© 2025 Canjex Publishing Ltd. All rights reserved.


Reader Comments - Comments are open to paying subscribers of Stockwatch and unmoderated, although libelous remarks, obscene language and impersonations may be deleted. Opinions expressed do not necessarily reflect the views of Stockwatch.
For information regarding Canadian libel law, please view the University of Ottawa's FAQ regarding Defamation and SLAPPs.


Comments for this item are closed