Market Movers: Spruce Ridge Goes For A Run On Back Of Canada Nickel Corp
Spruce Ridge Resources (TSXV: SHL) is one of today’s biggest movers, with the equity currently trading up 62.5% on the day on volume of over 4.68 million as of the time of writing, bringing the equity to $0.13 after soaring as high as $0.15. The large move follows a day where the equity saw volume […]
Datametrex AI Appoints Former Secretary of State Hon. James S. Peterson, P.C. To Board of Directors
Datametrex AI Limited (TSXV: DM) this morning announced that they have appointed the Honourable James S. Peterson, P.C., as an independent member of the firms Board of Directors. Peterson previously served as the Secretary of State of Canada, as well as the Minister of International Trade within Paul Martin’s cabinet. Peterson’s extensive government experience brings […]
Lining Up: A Deep Dive Into The Silver Trade
Strong price action in silver has been most welcome news for a long-standing cult following of the white metal who have been talking it up for as long as anyone can remember. The gold trade brings out its fair share of eccentrics, but the silver bulls are a really special bunch. The apex archetype of […]
Freeman Gold Corp Closes $10.35 Million Oversubscribed Financing
Freeman Gold Corp (CSE: FMAN) has closed its previously announced bought deal public offering on an oversubscribed basis for total gross proceeds of $10.35 million. A total of 20.6 million common shares were issued in connection with the offering. Units sold under the offering were priced at $0.50 a piece, with each unit containing only […]
Kootenay Silver To Conduct $5.0 Million Private Placement
Kootenay Silver (TSXV: KTN) has entered an agreement with Mackie Research to conduct a best efforts private placement, for gross proceeds of $5.0 million. The financing will be conducted at a price of $0.40 per unit, with Mackie serving as lead agent and sole bookrunner on behalf of a syndicate of agents. Under the terms […]
PowerBand Enters Referral Agreement With Royal Admin, 1,800 Dealerships To Be Added To Platform
PowerBand Solutions (TSXV: PBX) this morning announced that it has entered into a referral agreement with that of Royal Administration Services, a national provider of vehicle service contracts and insurance related products. Under the arrangement, Royal will refer dealerships to the PowerBand digital transaction platform on a fee for service basis. Royal Admin is licensed […]
Mission Ready Sees Jeffery Schwartz Tender Resignation As CEO, President
Mission Ready Solutions (TSXV: MRS) has seen its CEO and President, Jeffrey Schwartz, tender his resignation to the company effective August 7, 2020. While a reason was not directly provided for the resignation, the interim replacement, James A Marks, stated, “It’s now time to transition to a new leader with deep leadership and organizational skills […]
Pure Gold’s Underground Step-Out Drilling Discovers 12.8 G/T Gold Over 10 Metres
Pure Gold Mining (TSXV: PGM) this morning announced that it has intersected further high grade gold mineralization at its Red Lake, Ontario project, known as the Madsen Gold Project, after conducting step-out drilling. Highlights from this drilling includes 12.8 g/t gold over 10.0 meters, including 20.1 g/t gold over 5.0 meters. The drilling has extended […]
Canaccord Raises Price Target On Teranga Gold Following Pre-Feasibility Study
Last night, Teranga Gold Corp (TSX: TGZ) announced the results of the Sabodala-Massawa Gold Complex’s preliminary feasibility study, for which they would be filling a technical report on or before August 31. The complex has 4.8 million ounces of gold, at an average grade of 1.98 g/t gold. For the first five years of production […]
K92 Mining Preliminary Economic Assessment Values Kora Stage 3 Expansion At NPV of US$1.5 Billion
K92 Mining (TSXV: KNT) this evening released the results of a preliminary economic assessment (PEA) conducted on its Kora gold deposit, which is part of the deposit that forms the firms Kainantu Gold Mine project in Papua New Guinea. The study, which indicates an after tax net present value of US$1.5 billion at US$1,500 gold, […]