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.
Optimi Health (CSE: OPTI) has recently introduced Blue Serenity, the first natural therapeutic psilocybin product in Canada, in collaboration with psilocybin patient advocate, Thomas Hartle. Blue Serenity contains 25 milligrams of natural psilocybin in the form of EU-GMP biomass grown as Panaeolus cyanescens mushrooms, which were cultivated at Optimi Health’s facilities in Princeton, British Columbia. Optimi’s chief science officer, Justin Kirkland, and head of cultivation, Todd Henderson, partnered with Mr. Hartle to develop a specific genetic strain based on his therapeutic experiences. The partnership was announced on August 8, with Optimi Health expressing its commitment to producing a Canadian-grown and…
TraceSafe (CSE: TSF) has unveiled its carbon management platform, ShiftCarbon, designed to support organizations in achieving carbon neutrality and net zero goals. This platform represents TraceSafe’s largest launch since the introduction of AllSafe, an acclaimed enterprise safety platform. Wayne Lloyd, CEO of TraceSafe, emphasized that ShiftCarbon enables organizations to accurately measure their carbon neutrality and net zero efforts. In response to the increasing pressure from stakeholders to decarbonize, TraceSafe is providing solutions to help organizations navigate their journey towards net zero. ShiftCarbon integrates advanced technology and services to gather emissions data and identify offset opportunities on a flexible platform. The…
Converge Technology Solutions (TSX: CTS) has successfully completed the acquisition of PC Specialists Technology Integration Group (TIG) after entering into an agreement in May of this year. TIG, headquartered in San Diego, is a comprehensive IT service provider with 20 offices across North America offering performance optimization solutions and essential business support. Their range of services includes software and hardware procurement, discovery assessments, strategic planning, deployment, data center optimization, IT asset management, and cloud computing, as well as customized IT solutions for clients worldwide. This acquisition marks Converge’s 31st purchase since October 2017, adding to their growing portfolio of companies…
Kontrol Technologies (NEO: KNR) has secured a contract with an undisclosed municipality in Ontario to develop a net zero emission and climate action plan. The company, known for its expertise in smart buildings and cities utilizing IoT, cloud, and SaaS technology, was selected through a competitive bidding process. Although the specific municipality has not been named, Kontrol has revealed that it currently manages hundreds of buildings and is committed to achieving net zero emissions by 2030. CEO Paul Ghezzi expressed the significance of winning this contract and sees it as a validation of the company’s capabilities. Kontrol, based in Canada,…
Voyager Digital, a US cryptocurrency platform listed on the TSX under the ticker VOYG, experienced a significant decrease in its stock price by 53% on Wednesday. This drop was attributed to the announcement that hedge fund Three Arrows Capital may default on a loan of US$655 million that it had obtained. This news has caused concern among investors amidst the recent downturn in the cryptocurrency sector. Voyager Digital, known for its platform that allows both retail and institutional investors to trade cryptocurrencies, had recently expanded its services to include offering loans to institutional borrowers. The company disclosed that it had…
Purepoint Uranium Group (TSX-V: PTU), based in Toronto, has established ambitious exploration plans for the remainder of the year for its portfolio of 10 wholly-owned projects and one joint venture asset in Canada’s Athabasca Basin. The company’s program includes follow-up drilling at high-priority targets, initial drilling at more advanced prospects, and preliminary geophysical work on earlier stage properties. Purepoint President and CEO Chris Frostad expressed the company’s interest in returning to the Red Willow project following a successful winter drilling campaign that identified a continuous corridor of elevated radioactivity associated with the Osprey Zone electromagnetic conductor. The discovery of anomalous…
Saskatoon-based Cameco (TSX: CCO; NYSE: CCJ) and French-owned Orano Canada have announced plans to increase their ownership stakes in the Cigar Lake operation, which is considered the world’s largest high-grade uranium mine. Idemitsu Canada has agreed to sell its 7.875% interest in the Cigar Lake joint venture, with 4.522% of the mine ownership transferring to Cameco (bringing its ownership to 54.547%) and 3.353% to Orano (increasing the French share to 40.453%). TEPCO Resources, a subsidiary of Tokyo Electric Power Company, will maintain its 5% share in Cigar Lake. Cigar Lake boasts reserves of 152.4Mlbs of proven and probable uranium oxide,…
Blue Sky Uranium (TSX-V: BSK) has achieved a significant milestone in the advancement of its wholly-owned Amarillo Grande uranium-vanadium project in Argentina’s Rio Negro province by successfully completing drilling at the project’s Ivana deposit, which serves as a cornerstone for the project. The reverse circulation program was strategically designed to explore the potential expansion of Ivana to the west and to add holes in areas of lower density at the margins of the deposit, with the aim of facilitating resource upgrades. A total of 350 holes were drilled, covering a distance of 3255 meters, bringing the cumulative number of holes…
First Quantum Minerals (TSX: FM) has entered into an agreement with Boss Energy (ASX: BOE) to potentially earn up to 75% of any base and precious metals development at Boss Energy’s Honeymoon uranium project. With a market capitalization of US$25 billion, First Quantum currently operates eight mines worldwide, including operations in Mauritania, Finland, Panama, Turkey, Spain, Zambia, and ownership of the Ravensthorpe nickel mine in Western Australia. This partnership allows Boss Energy to maintain its focus on revitalizing the mothballed Honeymoon uranium mine while leveraging the exploration and funding capabilities of First Quantum. The agreement stipulates that First Quantum can…