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.
October 10, 2024 4:15 PM EDT | Source: Aion Therapeutic Inc. On October 10, 2024, Aion Therapeutic Inc. (CSE: AION) provided an update on the management cease trade order (MCTO) issued by the British Columbia Securities Commission (BCSC) on August 29, 2024. The Company previously announced on August 14, 2024, that it would be unable to file its annual audited consolidated financial statements by the filing deadline of August 28, 2024, leading to the delay in filing the Required Documents. Due to the ongoing process related to the acquisition of Toppen Health, Inc. on December 15, 2023, the Company…
Southern Silver Exploration Corp. (TSXV: SSV) has announced that its Board of Directors has approved a program for up to 6000 meters of diamond drilling on the Cerro Las Minitas project in Durango, Mexico. The focus of the drill program will include an initial phase of “Proof of Concept” drilling to demonstrate further lateral projections of shallow high-grade mineralization adjacent to planned mine and mill infrastructure in the area of the Eastern Deposits. The drilling is expected to commence in the coming weeks. The Cerro Las Minitas project is envisioned to be a large-scale underground mining operation with a 17-year…
The article discusses the significance of The Market Ltd. (ASX:MKT) in the Telecommunications index, highlighting its ownership of leading online investment communities in Australia and Canada. Specifically, HotCopper serves as a central hub for Australian traders to discuss investments and company announcements, shaping the local share market. The Market Ltd. also owns Stockhouse, a Canadian counterpart to HotCopper, further enhancing its market presence. HotCopper stands out among its competitors, garnering high monthly visits and page views according to data from web analytics company Similarweb. The Market Ltd. not only offers stock market forums and services but also operates diverse communication…
The following transcript has been provided for the video above, edited for clarity by The Market Online. Fiddlehead Resources (TSXV:FHR) is an energy company focused on Cardium production, producing 1,750 barrels of oil equivalent per day. The company has over 50 low-risk Cardium development locations and potential in the Belly River and other horizons. Chairman, President, and CEO Brent Osmond discusses Fiddlehead’s strategic positioning, financial status, and investment opportunity with The Market Online. TMO: Fiddlehead’s strategy focuses on upstream assets. What does this mean? Osmond explains that upstream assets involve oil and gas production directly from the ground, drilling, prospecting,…
Chronic pain continues to be a significant health challenge, impacting approximately one in five adults in the United States. This issue not only affects the quality of life but has also contributed to the opioid epidemic. As a result, there is a growing demand for safer and more innovative pain management solutions. The global market for chronic pain therapeutics is projected to exceed US$63 billion by 2032, with an annual cost estimated between $560 and $635 billion. Recognizing the urgency of addressing chronic pain and the opioid crisis, the U.S. Department of Health and Human Services (HHS) and the Food…
The energy sector presents a dynamic landscape characterized by volatility driven by commodity price fluctuations. This volatility particularly impacts oil and gas producers, with companies like Baytex Energy and Suncor Energy experiencing different levels of risk exposure. As investors navigate opportunities in this market, a detailed analysis of both companies can help determine which stock presents a better investment opportunity at present. Baytex Energy, headquartered in Calgary, Alberta, is primarily focused on crude oil and natural gas production in the Western Canadian Sedimentary Basin and the Eagle Ford formation in the United States. The company showcased a significant rebound in…
On October 11, 2024, Advanced Gold Exploration Inc. (the “Company”) settled an aggregate of $144,950 of indebtedness with an arm’s length creditor through the issuance of 2,899,000 common shares at a price of $0.05 per share. The Common Shares issued are subject to a four-month hold period. The company’s Buck Lake Property, located in Ontario, consists of 180 mining claims covering 3,886 hectares. The property is situated in the Batchawana Greenstone Belt and has favorable geological conditions for Archean volcanogenic massive sulphide deposits, iron deposits, and orogenic gold deposits. Exploration activities on the property have revealed multiple areas of potential…
The approval of the second tranche of a previously announced offering by Foran Mining Corporation was confirmed at a special shareholder meeting. The meeting resulted in the approval of resolutions necessary for the completion of the offering. Shareholders cast votes in favor of the Share Issuance Resolution and the Pro Rata Increase Resolution, enabling the Company to proceed with the second tranche of the Offering, expected to close on or about September 17, 2024, with gross proceeds of approximately $70,950,788. Foran Mining Corporation is a copper-zinc-gold-silver exploration and development company committed to sustainable practices and community engagement. The Company’s projects,…
Press Release: October 11, 2024 4:12 PM EDT Sudbury, Ontario–(Newsfile Corp. – October 11, 2024) – An exploration and development company, Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) is pleased to announce an increase in the size of its best-efforts private placement offering to gross proceeds of up to approximately $19 million. The offering is being co-led by a syndicate of agents, including Desjardins Capital Markets and SCP Resource Finance LP. Under the amended terms, the agents will offer for sale up to 18,095,200 common shares of the Corporation, with an option to sell up to an…
Cardinal Energy Ltd., a Canadian oil and gas company (TSX: CJ), has announced that it will be paying a dividend of $0.06 per common share on November 15, 2024. Shareholders of record as of October 31, 2024, will be eligible to receive this dividend. The Board of Directors has confirmed that the dividend will be paid in cash and has designated it as an “eligible dividend” for Canadian income tax purposes. Founded in Calgary, Alberta, Cardinal is focused on the exploration and production of oil and natural gas resources.