Surge Energy Projects 21,500 BOE/D Annual Production In 2022
Surge Energy Inc. (TSX: SGY) announced today its 2022 budget guidance. The firm said it is maintaining its current production levels of 21,500 boepd for next year. “Surge’s focus in 2022 continues to be on disciplined capital allocation, with cash flow strategically allocated between capital projects, net debt repayment, and a fundamental goal of reinstating […]
Camber Energy Requests NYSE For Deadline Extension To File Delayed Financial Reports
Camber Energy, Inc. (NYSE: CEI) shared on Friday that the New York Stock Exchange has approved its request for a deadline extension to file its outstanding financial reports. Instead of January 14, the company now has until February 15, 2022, to file its delinquent reports. The firm admitted that it has not been filing its […]
Superior Gold Beats 2021 Production Guidance With 77,321 Ounces
Superior Gold Inc. (TSXV: SGI) released today its production results for Q4 and full-year 2021 from its 100%-owned Plutonic Gold operations in Western Australia. The report highlighted an annual production of 77,321 gold ounces, exceeding its 2021 guidance of 65,000-75,000 ounces. The company is now projecting its 2022 production to be 80,000-90,000 ounces. “In 2021, […]
Kings Entertainment To Be Latest Issuer On CSE
The latest issuer set to come to the Canadian Securities Exchange appears to be Kings Entertainment Group (CSE: JKPT). The online gaming firm has received conditional approved to list on the exchange. King Entertainment currently has two main assets within the online gaming space, LottoKings and WinTrillions. Defined as its flagship, LottoKings describes itself as […]
Northern Graphite Looks To Raise $20 Million To Support Asset Purchase
Northern Graphite Corp (TSXV: NGC) is looking to raise capital to announce its recently announced acquisitions of the Lac des Iles graphite mine and the Okanjande graphite deposit and related Okorusu processing plant. The company is looking to raise $20 million to help fund the purchases. The company is currently looking to sell a total […]
Excellon Sees Production Decline In The Fourth Quarter Of 2021
Excellon Resources (TSX: EXN) this morning released its production results for the fourth quarter and full year of 2021. The firm saw year over year growth in terms of silver equivalent production, however the fourth quarter fell short when compared to the third quarter as well as the year ago period. For the fourth quarter, […]
Aberdeen International Investee AES-100 Appoints New CEO To Lead Company
Aberdeen International (TSX: AAB) has seen its hydrogen-focused investee come under new management. AES-100, whom Aberdeen has a minority stake in, this morning announced the appointment of a new President and Chief Executive Officer. Going forward, Channce Fuller will be leading the firm, bringing his experience in operations, marketing, and business development to the company. […]
Yamana Gold: BMO Reiterates $8 Price Target
On January 13th, Yamana Gold Inc. (TSX: YRI) announced its preliminary fourth quarter and full year 2021 operating results. The company reported fourth quarter production of 2240,718 ounces of gold and 3,142,781 ounces of silver. Bringing the total full-year production to 884,793 ounces of gold and 9,169,289 ounces of silver. Full year 2021 guidance was […]
Lithium Market Jumps on Policies of Newly Elected Chilean Leader That Could Ultimately Cut Production Levels
The mid-December 2021 electoral victory of Gabriel Boric, a 35-year-old leftist candidate and former student protest leader, to Chile’s presidency seems to be boosting an already buoyant market for lithium. Lithium is a key component of the cathode in most electric vehicle (EV) batteries, and demand is expected to grow almost geometrically over the foreseeable future. […]
BMO Reiterates Ratings On Osisko Gold Royalties After Preliminary Results
On January 10th, Osisko Gold Royalties (TSX: OR) reported its preliminary fourth-quarter deliveries and portfolio update. Osisko received 19,830 gold equivalent ounces for a total of 80,000 equivalent ounces in 2021. This is at the higher end of their 78,000 – 82,000 guidance. The company says that preliminary revenue for the fourth quarter is C$50.7 […]