Stockwatch Street Wires
- Shell Summary for May 24, 2019
John-David Belfontaine has filed a new prospectus to list his first capital pool shell, Conscience Capital, with a $1-million IPO at 10 cents. The new prospectus discloses an all-new slate of shell directors.
- Energy Summary for May 24, 2019
The B.C. government cannot impose laws that could kill Trans Mountain, says a provincial court. Questerre Energy continues its promotional push in Quebec. Cequence Energy refinances its debt, and investors approve Bellatrix Exploration's recapitalization.
- Diamond & Specialty Minerals Summary for May 24, 2019
Star Diamond says its bulk sample preliminaries are going well at Star. Progressive Planet Solutions is making zeolite inroads into the pot business. M2 Cobalt has new assays from Uganda. Quebec Precious Metals is looking to dump its Kipawa rare earth project.
- Gold Summary for May 24, 2019
Chilean Metals is rolling backward, in more ways than one. Fiore Gold had a good quarter at Pan and hopes for better days to come. Agnico Eagle Mines has boosted its interest in Royal Road Minerals to support its Colombian gold hunts.
- Mountainstar's Lopehandia a no-show in Gilmour case
Mountainstar Gold Inc.'s Jorge Lopehandia has failed to contest a case brought by a Vancouver woman over $50,000. The woman, Audrey Gilmour, has won a default judgment against him and another man, David Goguen.
- TMX Group keeps fossilized shells in its NEX collection
This is part 3 in a series. We are taking a look at the 10 oldest listed capital pool shells. In fifth, fourth and third places, respectively, are: Balraj Mann's Fitch Street Capital; Ray Savoie and Zoran Arandjelovic's Schwabo Capital; and
Tom Kovacs's Madeira Minerals.
- Shell Summary for May 23, 2019
Three capital pool shells have arrived, all from first-time shell-makers: David Henderson's CE Brands, Tsend Tseren's Amwolf Capital, and John MacPhail and Raphael Danon's Woodbridge Ventures. They each sold an IPO at 10 cents, raising between $350,000 and $500,000.
- Energy Summary for May 23, 2019
Oil prices tumble on trade tensions. EnCana's CEO says the Montney would be at least twice as productive if it were south of the border. Gran Tierra finalizes its entry into Ecuador, and Shamaran Petroleum keeps trying to woo investors to Kurdistan.
- Gold Summary for May 23, 2019
Max Resource has a first round of assays from Choco North. Barrick is planning to buy out Tanzanian explorer Acacia Mining PLC's minority shareholders for $285-million (U.S.). Rubicon is continuing work at its Phoenix mine in Ontario.
- Diamond & Specialty Minerals Summary for May 23, 2019
North Arrow Minerals is hopeful that geophysics will lead to kimberlites at LDG in the NWT -- just not hopeful enough to pay its way. UEX is seeking shareholder value through cobalt. It is shaping up as a tough search. Imperial Mining has found assay promise at Crater Lake.
- Shell Summary for May 22, 2019
Vincent Gasparro and Michael Galego's third capital pool shell, Apolo III Acquisition, plans to acquire Latitude Global Cannabis. The target has interests in Lesotho, Colombia and Slovenia. It aims to raise $10-million at 50 cents.
- Energy Summary for May 22, 2019
Cenovus Energy's CEO talks up progress on debt reduction and promises to look "very hard" at a potential dividend hike. InPlay Oil plans some board changes. Petrus Resources keeps busy in the Cardium, and Pulse Oil trumpets its test results at Queenstown.
- Gold Summary for May 22, 2019
Marathon Gold has new assays from infill drilling at Marathon. A Valentine Lake prefeasibility study is in the offing. Contact Gold has raised $4-million for more work at Pony Creek in Nevada. Probe Metals has new assays from Val d'Or east in Quebec.
- Diamond & Specialty Minerals Summary for May 22 2019
Altius Minerals and its Adia Resources diamond spinoff have wrapped up drilling at the Lynx project in Manitoba. Delrey Metals is enthused about Four Corners in Newfoundland. First Cobalt has support from Glencore for its Ontario refinery plan.
- SEC defendant Sodi enters guilty plea
SEC defendant Brian Sodi, aka the "Mailman," has pleaded guilty in Alabama. The government cited him and a Canadian for a $1.1-million (U.S.) OTC Markets scheme.
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