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.
On October 7, 2024, Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) (FSE: 8YD) provided an update on the advanced exploration surface bulk sample at the Crean Hill Project in Sudbury, Ontario. Jeff Huffman, COO of Magna Mining, reported that the surface bulk sample program at the 109 Footwall (“FW”) Zone was successfully completed. The data collected during the program will be used to assess the base case metallurgical performance of the zone. Additional testing is ongoing and will guide future test work. The surface bulk sample mining began on July 2, 2024, and was processed through the Sudbury Integrated Nickel…
October 07, 2024 9:39 AM EDT | Source: Argo Gold Inc. Based in Toronto, Ontario, Argo Gold Inc. (CSE: ARQ) (OTC Pink: ARBTF) (XFRA: A2ASDS) (XSTU: A2ASDS) (XBER: A2ASDS) announced that their oil production for August 2024 amounted to a total of 3,154 barrels, with an average of 102 barrels per day. The average oil price for the month was CDN$73 per barrel, resulting in Argo’s August oil revenue of $230,111 and a net operating cash flow of $156,699. August 2024 Oil Production Argo’s interest Argo’s Oil Revenue Argo’s net operating cash flow Lindbergh 1 (37.5% interest) 103 bbl/day…
On October 7, 2024, Dope Clothing Co. announced the official launch of its Exotic Cannabis Dispensary in Koh Samui, Thailand, a popular tourism destination in Southeast Asia. This marks a significant milestone in the brand’s global expansion and reflects the increasing acceptance of cannabis in the region. Dope is known for its dedication to providing high-quality cannabis products through its online platform. The brand offers a range of real cannabis products for purchase on its website, with delivery available in most states except for AR, HI, ID, KS, LA, OK, OR, RI, UT, and VT. This platform allows customers to…
Brossard, Quebec– September 26, 2024 – Mines D’Or Orbec (TSXV: BLUE) (referred to as “Orbec” or the “Company”) is pleased to announce changes and enhancements to its board of directors. Chad Williams, the Company’s largest shareholder who previously held the position of non-executive chairman, will now serve as chairman effective immediately. Additionally, David Christie will join the board of directors as an independent director. Orbec’s CEO, Dorian L. (Dusty) Nicol, stated: “I am delighted to welcome David to our board of directors. His technical and corporate experience, as well as his deep understanding of financial markets, will be invaluable as…
Chevron, a leading integrated energy company, has disclosed its plans to divest its non-operated interests in Alberta to Canadian Natural Resources for a total consideration of $6.5 billion. This strategic move involves the sale of a 20 percent non-operated interest in the Athabasca Oil Sands Project, a 70 percent operated interest in the Duvernay shale, and related interests. As part of the acquisition, Canadian Natural Resources will increase its total current working interest in the Athabasca Oil Sands Project to 90 percent. This transaction will contribute approximately 62,500 barrels per day of long-life synthetic crude oil production to Canadian Natural’s…
First Tellurium Corporation’s subsidiary, PyroDelta Energy, has developed a prototype thermoelectric generator that utilizes common energy sources as its heat source. This innovative device generates 20 watts of power for a minimum of six hours using either an eight-ounce propane canister or a cup of diesel. The thermoelectric generator is designed to offer quiet and efficient power for emergency and recreational purposes, emitting significantly less exhaust compared to traditional diesel or gasoline-powered generators. Its compact and lightweight design, weighing less than 2.2 kg (5 pounds), makes it highly portable and practical for various environments. According to First Tellurium’s president and…
With a diverse asset base offering substantial opportunities, Canadian Natural Resources Ltd. (TSX:CNQ) has shown significant growth potential over the past five years, with its stock price rising nearly 200%. Looking ahead to 2025, the outlook for CNQ on the TSX remains positive. CNQ is a leading oil and gas producer that benefits from a strong and stable asset base. The company’s consistent cash flows and dividend growth over the past 24 years are supported by its portfolio of high-quality natural gas, crude oil, and upgrading assets. With long-life assets and a reserve life index of 44 years, CNQ requires…
Amgen’s Executive Vice President of Research and Development, Dr. Jay Bradner, emphasized the significance of TEPEZZA’s approval in Asia as a milestone for the global treatment of Thyroid Eye Disease (TED). He highlighted the innovation TEPEZZA provides by offering a nonsurgical and nonsteroidal option for patients with TED, addressing the root cause of this debilitating disease. This approval in Japan was facilitated by TEPEZZA receiving orphan drug designation, leading to a shorter regulatory review period. The approval was based on positive results from the OPTIC-J Phase 3 study, demonstrating TEPEZZA’s efficacy, tolerability, and safety in treating active TED in Japan.…
On October 4, 2024, Carlyle Commodities Corp. announced the issuance of 2,000,000 common shares at a price of $0.05 per share to Divitiae Resources Ltd. as part of an option to purchase mining claims in the Quesnel Terrane. The Quesnel Gold Project, located in British Columbia, covers 1,607.34 hectares and is strategically positioned near main highways and power lines for easy access and operation. Carlyle has the opportunity to purchase a portion of the royalty on the Quesnel Gold Project for $1,000,000. All securities issued as part of this option will be subject to a statutory hold period of four…
VANCOUVER, BC, Sept. 17, 2024 – Soma Gold Corp. (TSXV: SOMA) is delighted to announce the appointment of Hector Manuel Melendez Gomez as the Company’s new Country Manager. Mr. Melendez officially joined Soma’s management team on September 1, 2024, and will be overseeing the Company’s operations in Colombia. Mr. Melendez is a Mining Metallurgist graduate from the National Autonomous University of Mexico, with a master’s degree in project management from Valle Mexico University. His extensive background includes a successful tenure as the General Manager of Luca Mining Corp. (TSXV: LUCA) in Mexico, where he achieved all production, operational efficiency, and…