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.
ATCO (TSX:ACO.X) subsidiary ATCO Energy Systems has submitted a regulatory application with the Alberta Utilities Commission for its $2.8 billion Yellowhead Mainline natural gas pipeline project. This project is deemed as the largest infrastructure project in ATCO’s history. The Yellowhead Mainline pipeline is designed with a capacity to deliver approximately 1,200 terajoules (or 1.1 billion cubic feet) of natural gas per day, spanning across 200-230 kilometers of pipeline. ATCO is a global provider of integrated energy, housing, transportation, and infrastructure solutions, employing more than 20,000 individuals worldwide. The ATCO stock has experienced a 24.79% increase year-over-year, albeit a 3.48% decrease…
As Canadian investors evaluate their investment options for the remainder of 2024, the commodities sector presents two distinct opportunities in gold and oil stocks. Both sectors have shown strong performance this year, albeit in different directions. If investors are considering a gold play or an oil stocks bet for the fourth quarter, it is important to analyze which options may offer the best returns. Gold has demonstrated notable performance in 2024, with prices increasing by 26.4% year-to-date and reaching new 52-week highs. Several factors contribute to gold’s current appeal, including its status as a safe haven during market uncertainty, anticipation…
On September 24, 2024, Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) announced the logistical pathway it has established for the extraction and shipping of high-purity quartz (HPQ) silica sand from the Belmonte deposits in Bahia, Brazil to both domestic and international markets. Over the past 9 months, Homerun has been diligently executing this logistics plan as part of Phase 2 of its Business Plan Roadmap, in coordination with Companhia Baiana de Pesquisa Mineral (CBPM) under a 40-year lease agreement. The company has focused on forming partnerships to minimize capital expenditures and accelerate the path to cashflow. Negotiations with key partners…
On September 24, 2024, Edison Lithium Corp. (TSXV: EDDY) (OTCQB: EDDYF) (FSE: VV0) announced the filing of a National Instrument 43-101 (NI 43-101) compliant Technical Report titled “Alkali Mineral Dispositions, Saskatchewan” under the Company’s profile on SEDAR+ and on its official website. The Report, prepared by Lynn I. Kelley, P. Geo., is effective as of September 17, 2024. Edison Lithium Corp. is emphasizing its commitment to a clean-energy future by exploring sodium-ion batteries as a sustainable and cost-effective alternative to traditional lithium-ion technology. The Company believes the sodium sulfate present in the alkali lakes of southern Saskatchewan could serve as…
On September 24, 2024, Criterium Energy Ltd., an independent upstream energy development and production company based in Calgary, Alberta, provided an operational update regarding optimization and drilling activities in the Tungkal PSC Indonesia, which is 100% owned and operated by the company. One of Criterium’s key objectives has been to enhance production in the Tungkal PSC through cost-effective well interventions and workovers in the Mengoepeh Field. These efforts have surpassed expectations, resulting in rapid payback and increased production at minimal costs. Key highlights of the program in 2024 include the successful completion of 11 workovers, generating incremental pre-tax cash flow…
MustGrow Biologics Corp. announced on September 23, 2024, that it has successfully transitioned from research and development to commercialization. The manufacturing and sales of its TerraSante biofertility product have commenced, with an anticipated increase in sales volume in 2025 and 2026. Additionally, the commercialization of its TerraMG soil biopesticide under the Bayer commercial agreement in the EU, Middle East, and Africa is progressing. Registration work for the TerraMG soil biopesticide is ongoing in the U.S. and Canada. Exclusive non-commercial agreements with NexusBioAg, Janssen PMP, and Sumitomo Corporation have expired, allowing MustGrow to explore commercial opportunities with multiple parties. The company’s…
The President and CEO of EnGold Mines Ltd., David H. Brett, announced that Chairman Rolf Van Driesum has decided to step down from the Board of Directors to focus on personal and professional commitments. The board and management expressed their gratitude for Mr. Van Driesum’s dedicated service to EnGold and wished him success in his future endeavors. Moving forward, the Board of EnGold will consist of John K. Brown, Tony Novak, Dale Reimer, and David H. Brett. EnGold is a Vancouver-based exploration company that specializes in copper, gold, silver, and magnetite exploration, with a primary focus on the Lac La…
The Canadian main stock index saw minimal movement on Monday, with positive performance in the energy and gold sectors offset by underperformance in the financial and industrial sectors. This led to a mixed performance on the TSX, along with declines in health care and telecom shares. Last week’s interest rate cut generated optimism and drove stocks to new record highs. This positive momentum followed a strong week on Wall Street, fueled by the U.S. Federal Reserve’s decision to cut interest rates by 50 basis points, marking its first cut in four years. The Canadian dollar was trading at 74.03 cents…
The global demand for advanced power conversion technologies is rapidly increasing as the world moves towards ambitious climate goals and renewable energy adoption. Hillcrest Energy Technologies Ltd., based in Vancouver, is poised to lead this market with its innovative Zero Voltage Switching (ZVS) inverter technology platform. This technology aims to address inefficiencies in current inverters, offering enhanced power conversion capabilities across various sectors. According to industry reports, the energy storage market tripled in 2023 and is projected to continue growing significantly. The power inverter market is also expected to expand at a compound annual growth rate of 18.62% from 2023…
Avicanna Inc. (TSX:AVCN) has recently announced a comprehensive medical cannabis real-world evidence study in collaboration with the MyMedi.ca medical cannabis care platform. The study, overseen by Hance Clarke, MD, FRCPC, Ph.D., President of The Canadian Pain Society and the Canadian Consortium for the Investigation of Cannabinoids, aims to enroll 1,000 patients across Canada for a thorough exploration of the therapeutic potential of medical cannabis and its impact on pain, sleep, anxiety, depression, and epilepsy. The study, a prospective, non-interventional, observational initiative, seeks to utilize validated questionnaires to analyze the effects of various medical cannabis products and assess changes in the…