Author: Alexander Lee
Alexander Lee
Alexander is the founder and author of Microcaps.ca, a leading resource for investors interested in the micro-cap stock market. With a passion for uncovering hidden gems in the world of small-cap stocks, Alexander combines in-depth research with years of experience in the financial markets to provide readers with valuable insights and timely analysis. Investors should conduct their own research or consult with a qualified investment advisor before making any investment decisions. The author of this article is not responsible for any gains or losses incurred from investing in companies mentioned.
Australian explorers are actively pursuing lithium opportunities in the provinces of Ontario and Quebec in Canada, recognizing the potential for growth in the battery metal market amidst the electrification revolution. With forecasts predicting severe lithium shortages by 2030, companies are eager to capitalize on new exploration opportunities. Rubix Resources (ASX: RB6) recently acquired ground in James Bay, Quebec, an area known for significant lithium projects and pegmatites. The company purchased the ground from DG Resource Management, who had previously identified the Corvette property, currently being explored for lithium by Patriot Battery Metals (ASX: PMT | TSXV: PMET). Rubix’s Ceiling lithium…
The most recent Fraser Institute global mining survey reveals that Nevada, Western Australia, and Saskatchewan are the top three most favored places for exploration and mining activities. The annual ratings by the Toronto-based think tank are closely monitored for shifts in rankings, with notable changes this year including New Zealand and Indonesia dropping in rankings. The 2023 survey, based on surveys conducted in 2022 among mining professionals, shows some reshuffling in the top-rated jurisdictions. Nevada claimed the top spot, moving up from third place in 2021, while Western Australia lost its top ranking and settled for second place. Saskatchewan slipped…
Blockmate Ventures Inc (TSX-V: MATE) has partnered with renewable energy specialist Sunified Group BV to introduce the world’s first solar token, designed to facilitate solar development and optimization within a blockchain framework. The technology is built upon Sunified’s patented solar UNITY sensors, enabling the measurement, tokenization, and sale of solar energy. This innovative approach is expected to result in maintenance savings and efficiency gains of over 6%. Sunified’s sensors collect and manage data from solar panels, addressing industry blind spots and significantly increasing yield while creating new revenue streams from data and digital offtakes. The company’s Web3 protocol encrypts, enriches,…
Karora Resources (TSX: KRR) has announced its intention to transfer ownership of the Higginsville lithium project in Western Australia into a newly publicly listed exploration company named Kali Metals through a proposed demerger and simultaneous initial public offering. This arrangement is formalized through a shareholders agreement with Kalamazoo Resources (ASX: KZR), who will also be divesting their Australian lithium assets. Upon listing, Kali Metals will possess a portfolio that includes Kalamazoo’s Marble Bar and DOM’s Hill lithium projects, currently undergoing joint venture exploration with Chilean lithium producer Sociedad Química y Minera de Chile SA, along with lithium mineral rights over…
Canadian health and wellness company Pure to Pure Beauty Inc (CSE: PPB) has announced its intention to acquire a 51% stake in the “SunSeal by Microskin” brand of products from cosmetics vendor Corium Health. This strategic move is expected to enhance Pure to Pure’s presence in the sun care market and create synergies with its existing product portfolio. According to the terms outlined in a letter of intent between the two companies, Pure to Pure will purchase a 51% share of a Corium subsidiary holding the SunSeal assets in exchange for 5 million ordinary shares and performance-based payments tied to…
Montreal-based real-time video streaming company Haivision Systems (TSX: HAI) has received a non-binding takeover bid from Evertz Technologies (TSX: ET), a video and audio infrastructure solutions maker based in Ontario. Evertz has proposed to acquire all of Haivision’s issued and outstanding common shares for US$4.50 each, as they are currently the third-largest shareholder of Haivision. If a formal and binding offer is made, it will be subject to the completion of due diligence procedures by Evertz. Haivision’s board is currently reviewing the proposal and will provide an update in due course. Haivision is a prominent global provider of mission-critical, real-time…
Newrange Gold Corp (TSXV: NRG) and Mithril Resources (ASX: MTH) have proposed a friendly merger to create an Americas-focused exploration company. If successful, Newrange will acquire 100% of Mithril’s issued capital, resulting in an equity value of $11.8 million. Mithril’s key asset is the Copalquin gold-silver project in Mexico’s Durango State, which encompasses a mining district covering 70 square kilometers with a maiden high-grade resource of 2.4 million tonnes grading 6.81 grams per tonne gold equivalent. In contrast, Newrange is primarily engaged in district-scale exploration for precious metals in Ontario’s Red Lake region. Their portfolio includes the Argosy gold mine…
StageZero Life Sciences (TSX: SZLS), a cancer research company, has announced the launch of an updated version of its proprietary Care Oncology (COC) protocol. This protocol utilizes advanced biomarker testing and an interactive digital health platform to establish a stronger connection between a patient’s metabolic health and cancer outcomes. Research has indicated that metabolically-targeted drugs have the potential to enhance the sensitivity of cancer cells to chemotherapy, radiation, and other standard of care treatments. By incorporating specific blood biomarker data into the COC protocol, StageZero’s clinical team will be able to more effectively evaluate the correlation between metabolic status and…
Electric vehicle giant Tesla (NASDAQ: TSLA) is reportedly considering the acquisition of Canadian miner Sigma Lithium (NASDAQ, TSX-V: SGML), as per recent news reports. The company, led by Elon Musk, is exploring various mining opportunities as it evaluates options for its own refining processes. Sources close to the matter have indicated that Tesla has been in discussions with potential advisers regarding a potential bid. Sigma is set to commence commercial production from its Grota do Cirilo project in Brazil this April. The project will produce spodumene concentrate, a key material used in the production of lithium hydroxide for EV batteries.…
Canadian drilling company Orbit Garant (TSX: OGD) has officially announced the permanent appointment of Pierre Alexandre as its President and Chief Executive Officer. Mr. Alexandre has been serving in this role on an interim basis since November of last year. With a background in the drilling industry, Mr. Alexandre now leads Orbit Garant, a company with 216 rigs and 1,300 employees. His career in the drilling business began as a surface driller for various companies from 1974 to 1983. In 1986, he co-founded Orbit Drilling with his brother Bernard, and the company experienced significant growth in the 1990s. In 2007,…