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 09, 2024 6:00 PM EDT | Source: Bri-Chem Corp. Edmonton, Alberta–(Newsfile Corp. – October 9, 2024) – Bri-Chem Corp. (TSX: BRY) (OTCQB: BRYFF) (“Bri-Chem” or “Company”), a prominent oilfield chemical distribution and blending company in North America, is pleased to announce the renewal of its senior credit facilities (“ABL Facility”) with the Canadian Imperial Bank of Commerce (“CIBC”). The ABL facility now has a borrowing base of $37.5 million and is committed until April 30, 2026. The ABL Facility carries interest at the Canadian prime rate plus 2% or CORRA and SOFR rate plus 2%. It also includes…
On October 10, 2024, Cardiol Therapeutics Inc., a clinical-stage life sciences company focused on researching and developing anti-inflammatory and anti-fibrotic therapies for heart disease, announced the successful closure of its public offering. The company sold 8,437,500 Class A common shares at a price of US$1.60 per share, resulting in gross proceeds of US$13.5 million. The net proceeds from the offering will be used to advance the clinical development of CardiolRx for the treatment of recurrent pericarditis, as well as for general administrative expenses and working capital. Canaccord Genuity served as the sole bookrunner for the offering, which was conducted under…
Vancouver, British Columbia – In a recent development, Valkea Resources Corp. (formerly Outback Goldfields Corp.) announced that its common shares will begin trading on the TSX Venture Exchange under the ticker symbol “OZ” on September 27, 2024. The acquisition of projects in Northern Finland has paved the way for this milestone. Chris Donaldson, CEO of Valkea Resources, expressed his excitement about the completion of the acquisition and the resumption of trading on the TSX Venture Exchange. He credited the dedicated team at Valkea for their hard work in finalizing the deal and securing financing. Donaldson also highlighted the Company’s new…
NexGold (TSXV:NEXG) and Signal Gold (TSX:SGNL) have announced a merger agreement to establish a leading near-term gold development company in Canada. This collaboration combines a significant combined resource base of 4.7 million ounces of measured and indicated gold resources, along with 1.3 million ounces of inferred resources. The newly formed entity aims to achieve an annual production rate exceeding 200,000 ounces of gold. The merger integrates NexGold’s Goliath Gold Complex Project in Northern Ontario with Signal Gold’s Goldboro Gold Project in Nova Scotia, leveraging their advanced permitting stages. Supported by an $11.5 million private placement equity financing and proposed debt…
One of the industry leaders in clean technology, Acceleware (TSXV:AXE) is gaining recognition for its innovative electromagnetic EM Powered Heat solutions. These solutions are built on a patented technology platform and offer substantial operational cost savings by significantly reducing energy consumption compared to traditional fossil fuel-based heat systems. The EM Powered Heat technology represents a groundbreaking approach to emissions reduction and energy management. It effectively eliminates Scope 1 GHG emissions through two key methods: optimizing energy consumption to reduce overall energy demand and transitioning to electric power to further reduce emissions. Additionally, by utilizing renewable power sources, the technology can…
Canopy Growth, a global cannabis company, has announced that its U.S.-based holding company, Canopy USA, has successfully acquired Wana Brands, a prominent player in the cannabis edibles market in North America. This acquisition is part of Canopy’s strategy to establish a strong presence in the U.S. market, following recent acquisitions such as Jetty Extracts and Acreage Holdings. Canopy Growth, known for brands like Doja, 7ACRES, Tweed, Deep Space, and Storz & Bickel, has been making strategic moves to expand its operations in the United States. The company’s stock has experienced a decline of 45.30% year-over-year and 97.87% since 2019. With…
Oil prices have experienced significant increases recently due to concerns regarding potential disruptions in the supply chain caused by escalating tensions between Iran and Israel. Investors who missed out on the rise in oil stocks on the Toronto Stock Exchange (TSX) are now seeking undervalued options that may prove beneficial if oil prices continue to climb. One potential option is Canadian Natural Resources (TSX:CNQ), a large player in the Canadian energy sector with a market capitalization close to $100 billion. The stock is currently trading around $47.50, down from $56.50 six months ago but up from $43.50 in recent weeks.…
Experience the interactive Multichannel News Release in the provided link. The interactive video showcases La La offering a personal and professional perspective on how plaque psoriasis impacts her life and the importance of advocating for effective treatment options. La La shares her experience with managing plaque psoriasis and the importance of open communication with healthcare providers to find suitable treatments. Plaque psoriasis is often misunderstood as a skin condition but is actually an autoimmune disease characterized by inflammation. Research indicates a discrepancy between patient perception of the severity of their condition and the assessment by healthcare providers. While topical treatments…
Experience the full interactive Multichannel News Release by accessing the following link: https://www2.multivu.com/amgen/9292951-en-la-la-anthony-amgen-partner-to-encourage-open-dialogue-about-plaque-psoriasis. In a newly released interactive video, La La provides an in-depth look at how plaque psoriasis has impacted both her personal and professional life. She emphasizes the importance of advocating for treatment options that suit her needs and encourages others to do the same. La La shared her experience of trying various management methods for plaque psoriasis, such as a prescription shampoo for scalp psoriasis, which was inconvenient for her due to daily hair washing requirements. She realized the significance of openly communicating with her doctor about…
On October 9, 2024, RJK Explorations Ltd. (TSXV: RJX.A) announced the commencement of a non-brokered private placement to raise aggregate gross proceeds of up to $350,000. The offering will involve the sale of units at a price of $0.035 per unit, with each unit comprising one common share and one warrant. Insiders are expected to subscribe for $130,000 of the offering. The company intends to utilize the net proceeds from the sale of units for diamond drilling of potential kimberlite, base and precious metal targets (70% of proceeds), as well as for general working capital purposes (30% of proceeds). The…