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.
Following recent changes in the economic landscape, including a decline in inflation and a significant rate cut by the United States Federal Reserve, oil prices have seen an uptick. The price of WTI crude has increased by approximately 9.5% from its recent low this month. Despite this recent increase, WTI crude is still trading at a 10% discount compared to its previous month’s high. In light of improving investor sentiment, we will explore two undervalued energy stocks that present attractive investment opportunities. Canadian Natural Resources, a company with a diverse and balanced asset base, delivered a strong performance in the…
The positive tumour response observed in the sixth patient has resulted in the initiation of additional recruitment for the ongoing clinical trial focused on pancreatic cancer. This development highlights the potential efficacy of the treatment being evaluated and underscores the importance of continued research in this area. The findings from this patient serve as a promising indicator of the impact this therapy may have on addressing the challenges associated with pancreatic cancer.
On September 23, 2024, Lara Exploration Ltd., based in Vancouver, British Columbia, announced the successful completion of the necessary investments to increase its ownership stake in the Mantaro Phosphate Project from 33% to 70%. In line with its operational strategy, Lara has launched a new subsidiary named Fosfatos Alli Allpa to facilitate further exploration, technical research, and future development initiatives. The goal of Fosfatos Alli Allpa, which means “good soil” phosphates in the local Quechua language, is to produce and refine phosphate rock to meet the escalating demand for natural fertilizers in the Junín Region, the broader Peruvian market, and…
Trading Symbols: SVM (TSX/NYSE American) SRL (TSXV), SRLZF (OTCQB) VANCOUVER, BC, Aug. 21, 2024 – Following the successful acquisition of Adventus Mining Corporation on July 31, 2024, and the receipt of the Change of Phase for the El Domo copper-gold project, Silvercorp Metals Inc. (“Silvercorp” or the “Company”), its Ecuadorian subsidiary, Curimining S.A. (“Curimining”), and Salazar Resources Limited (“Salazar”), collectively known as the Companies, have commenced the construction process with the aim of bringing the Project into production by 2026. Senior Mining Executives Added to the Team Silvercorp has appointed Jaymes Dircks as the General Manager of Curimining to oversee…
On September 23, 2024, CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7) issued a news release in compliance with National Instrument 62-103 regarding an agreement with Nexus Uranium Corp. (CSE: NEXU). On September 20, 2024, Nexus Uranium Corp. issued 3,042,123 common shares to CanAlaska as part of an agreement related to the Cree East property option. Prior to this transaction, CanAlaska held 2,091,269 shares of Nexus Uranium Corp., representing 6.8% of the outstanding shares. With the acquisition of the additional shares, CanAlaska now owns 5,133,392 shares, accounting for approximately 15.3% of the outstanding shares on a non-diluted basis. The…
On September 23, 2024, ReGen III Corp., a prominent clean technology company specializing in the patented ReGen™ process for transforming used motor oil into high-value Group III base oils, announced the resignation of Greg Clarkes as CEO due to personal reasons. Mr. Clarkes, who founded ReGen III in 2017, will continue to serve as Chairman of the Board, offering ongoing leadership and guidance to the Company. Mark Redcliffe, the current President of ReGen III, has been appointed as the new CEO and President. Mr. Clarkes expressed his confidence in Mr. Redcliffe’s ability to lead the organization, citing his strategic mindset…
On September 17, 2024, Flora Growth Corp. announced the appointment of Clifford Starke, Chief Executive Officer, to the Board of Directors of HoshiCap, a subsidiary of Hoshi International. Flora made an equity investment of $2.4 million into Hoshi in 2021, securing a 10% ownership stake. Hoshi, in turn, controls 51% of the Portuguese entity operating the cannabis cultivation facility in Portugal, which currently employs 18 staff and has received approximately $20 million in construction investments. Mr. Starke’s extensive experience in global cannabis operations will benefit HoshiCap as it progresses towards licensure for its advanced cannabis cultivation facility. Flora’s investment in…
Stewart, British Columbia–September 9, 2024– Decade Resources Ltd. (TSXV: DEC) has announced a non-brokered private placement of 30,000,000 units at a price of $0.03 per unit, resulting in gross proceeds of $900,000. Each unit will include one common share and one share purchase warrant, with each whole share purchase warrant exercisable for twenty-eight months at $0.06 per share. The company plans to allocate the majority of the proceeds towards general working capital purposes. A portion, not exceeding 10%, may be used for exploration on its BC Properties. The funds will not be utilized for payments to non-arm’s-length parties of the…
Aston Bay Holdings (TSXV:BAY) has announced significant copper discoveries at its Storm Copper Project in Nunavut. Assays have confirmed large copper systems at depth, with copper grades reaching up to 3.7%. Drilling has also confirmed the extensive lateral spread of the Storm copper system at depth, indicating the potential for the “Deep Copper Horizon” to contain large-scale, high-grade copper deposits. Shares of Aston Bay Holdings have increased by 5.26% to C$0.10 as of 10:29 am ET. The CEO, Thomas Ulrich, highlighted the discovery potential of the deeper stratigraphic levels in the Central Graben area, emphasizing the consistent copper mineralization encountered…
Stallion Uranium has successfully acquired 10 new uranium exploration dispositions, leading to a significant expansion of its land package in the southwestern region of the Athabasca Basin in Saskatchewan. The newly acquired claims are part of the company’s Stone Island Project, covering 9,993 hectares and bordering the Western Athabasca Basin joint venture project between Stallion Uranium and Atha Energy. The project also encompasses the Coyote Corridor, a previously identified and highly prospective area. This expansion has led to a 6.67% increase in shares of Stallion Uranium, now valued at C$0.08 as of 10:10 am ET. CEO Drew Zimmerman expressed gratitude…