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.
Canada’s main stock market has proven to be a profitable investment option, with the S&P/TSX Composite Index showing positive returns in seven out of the last ten years. The financials, materials, and energy sectors collectively make up 60% of the market’s total weight, with technology gaining traction. One notable company in the Canadian energy sector is Enbridge. As one of the top-tier energy stocks in North America, Enbridge holds a prominent position as the fourth-largest company on the TSX with a market capitalization of $119.5 billion. Despite concerns over Enbridge’s debt levels, many market analysts believe that the benefits of…
On September 27, 2024, Carlyle Commodities Corp. and Miramis Mining Corp. announced their entry into an amalgamation agreement. This agreement involves the merger of a wholly-owned subsidiary of Carlyle with Miramis, where all outstanding shares of Miramis will be exchanged for Carlyle shares at a one-to-one ratio. Following the transaction, Carlyle’s Board of Directors and management will remain unchanged, with Miramis shareholders expected to hold approximately 28.8% of the merged entity’s shares. Morgan Good, CEO of Carlyle and Miramis, expressed optimism about the opportunities presented by the Amalgamation Agreement and the acquisition of rights to the Nicola East Project and…
Metallis Resources Inc., a mining company based in Vancouver, BC, released positive results from its inaugural field exploration program at the Greyhound Property in central Idaho, USA. The program included geological mapping, XRF survey, soil sampling, and rock sampling, which confirmed historic assays and highlighted high-grade silver, gold, lead, zinc, and antimony assays. Fiore Aliperti, the CEO and President of Metallis, expressed satisfaction with the exploration results, emphasizing the significance of the high-grade silver, gold, and antimony assays. The company is now considering options for further exploration, such as geophysics and drilling, to capitalize on the asset’s value. Key highlights…
On September 25, 2024, Phenom Resources Corp. announced the commencement of an initial drilling campaign on its Crescent Valley Gold Project. The company has secured permits and drill contractors for a mid-October start following positive results from an IP geophysical survey conducted in August. Located strategically within the Northern Nevada Rift, the Crescent Valley Gold Project is a high-grade, bonanza-vein gold prospect. According to Dave Mathewson, Director and Geological Advisor to the Company, the Crescent Valley Project represents the largest quartz vein system in Nevada. With similarities to the SLEEPER deposit in Humboldt County, Nevada, the project offers a low-sulphidation…
On September 23, 2024, PrePad, a leading cloud-based SaaS startup based in Calgary, Alberta and Houston, Texas, announced its selection for Chevron Technology Ventures’ Catalyst Program™. This initiative aims to accelerate technology innovation within the energy sector. Sean Hervo, the Co-Founder and CEO of PrePad, expressed gratitude for being chosen for the program and highlighted the opportunity it presents for the company to further refine its technology. Chevron Technology Ventures’ Catalyst Program, launched in 2017, focuses on the growth of early-stage companies developing technologies beneficial to the energy sector. PrePad’s proprietary technology aims to optimize the cost estimation lifecycle for…
On September 26, 2024, Flora Growth Corp. announced the signing of an exclusivity agreement with Nordic Tower AB, a distributor and online marketer of smoke products in Sweden and the Nordic countries. This partnership designates Nordic Tower as the exclusive distributor of Flora’s Vessel Brand, known for its high-quality vaping hardware, in Sweden, Norway, Denmark, Finland, and Iceland. This agreement is a strategic move by Flora to expand its presence in the European market and cater to the growing demand for cannabis accessories in the region. By partnering with Nordic Tower, Flora aims to capitalize on the distributor’s market expertise…
Yerington, Nevada–September 9, 2024– Lion Copper and Gold Corp. (TSXV: LEO) (OTCQB: LCGMF) today reported assay results from its 2024 exploration drilling program at the Yerington and MacArthur properties, which are part of the company’s Yerington Copper Project. The drilling program was funded by Stage 2b funding provided under the terms of the company’s agreement with Nuton LLC, a Rio Tinto venture (refer to December 23, 2023, press release). The objective of the 2024 Yerington drilling program was to upgrade as much of the inferred resource to the indicated resource classification to be included in the prefeasibility study (“PFS”). The…
In the mining sector, First Nations communities are playing a significant role by introducing sustainability practices that are reshaping the operations of mining companies. These initiatives aim to enhance efficiency, minimize waste, and ultimately drive long-term profitability in a responsible manner. Investors, particularly those focused on environmental, social, and governance (ESG) criteria, are increasingly interested in companies that adopt sustainable practices. Such companies not only contribute to environmental preservation but also attract ESG capital. Research indicates that companies with strong ESG performance tend to outperform their peers by up to 40 percent. It is essential for investors to monitor how…
Investing in dividend-growth stocks is a cost-effective method to initiate a passive income stream. It is essential to choose dividend stocks with stable cash flows and sustainable payout ratios to mitigate the risk of potential dividend suspensions in case of deteriorating company financials. One such dividend stock on the TSX is TC Energy (TSX:TRP), a well-established energy infrastructure company with a market capitalization of $65 billion. TC Energy operates a network of natural gas pipelines, storage facilities, liquid pipeline systems, and power generation facilities. The company has demonstrated consistent growth, increasing its asset base from $25 billion to over $100…
Canadian cannabis companies such as Aurora Cannabis and Canopy Growth have experienced significant underperformance compared to the broader markets since the legalization of marijuana in late 2018. Both companies have seen their stock prices plummet, eroding investor wealth. The Canadian cannabis industry has faced various challenges including competition from illegal sales, overvalued acquisitions, and an oversupply of products leading to high inventory levels and increasing losses. Despite these headwinds, there is hope that Aurora Cannabis and Canopy Growth may be able to turn the tide by the end of 2024. Aurora Cannabis, valued at $424 million by market cap, reported…