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.
Grass Valley, California–(Newsfile Corp. – September 20, 2024) – Rise Gold Corp. (CSE: RISE) (OTCQX: RYES) (the “Corporation”) has recently issued 1,006,750 stock options to its President & CEO, Joseph Mullin, through his personal company Mount Arvon Partners LLC. These stock options have an exercise price of US$0.10 (C$0.14) per share and are valid until September 20, 2029. The issuance of these options was made possible by the voluntary surrender of certain other previously issued options held by Mr. Mullin.
A major agreement valued at over $110 million has been reached between a leading construction equipment manufacturer and the world’s largest iron ore producer for the supply of essential mining equipment. XCMG Machinery and Rio Tinto have signed a comprehensive collaboration agreement for the Simandou iron ore project in Conakry, Guinea. The agreement covers the provision of a wide range of core mining equipment, including mining trucks, mining graders, loaders, and excavators. This partnership aims to support the development of the world’s largest untapped reserve of high-grade iron ore in Simandou. “This collaboration signifies a new era of cooperation between…
On September 19, 2024, at 9:00 AM EDT, Medaro Mining Corp. (CSE: MEDA) (OTC Pink: MEDAF) (FSE: 1ZY), based in Vancouver, British Columbia, announced the initiation of a diamond drilling program on the Lac La Motte lithium property in Val-d’Or, Quebec, Canada. The Company has contracted Forage Pelletier Ltd. of Chapais, Quebec, to conduct the program, which is scheduled to include 1,000 to 1,500 meters of NQ size diamond drilling. Depending on funding availability, Medaro may expand the scope of the program. In 2023, Medaro conducted a Satellite Imaging Technology (SIT) survey on the Property, identifying potential lithium exploration targets…
Calgary, Alberta–(Newsfile Corp. – September 20, 2024) – Bengal Energy Ltd. (TSX: BNG) (“Bengal”) is delighted to announce the successful election of the nominees listed in Bengal’s information circular proxy statement dated August 12, 2024, as directors at its annual general meeting of shareholders held on September 19, 2024 in Calgary, Alberta. Through a vote by ballot, each of the five nominees recommended by management was duly elected as a director of Bengal. The comprehensive results of the election are as follows…
MineHub Technologies Inc announced the completion of the second tranche closing of its strategic partnership with Abaxx Technologies Inc, as per news releases from August 1, 2024, and August 23, 2024. Under this agreement, MineHub received 109,583 Abaxx Shares in exchange for 4,166,666 MineHub Shares, at a deemed price of C$0.30 per MineHub Share. The Abaxx Shares received by MineHub do not have a hold period under securities laws, while the MineHub Shares issued to Abaxx bear a hold period of four months and a day. Haywood Securities Inc acted as the financial advisor to MineHub, and in connection with…
Metasphere Labs (CSE:LABZ) has successfully completed the development of Pure Sky Registry’s blockchain-based carbon credit registry. The solution has been constructed directly on the blockchain in accordance with ISO 14000 carbon offsetting standards. Key features of the solution include on-chain voting capabilities for decentralized autonomous organizations, enabling transparent governance and decision-making processes among shareholders. This advancement reflects a 6.25% increase in Metasphere Labs’ shares, now trading at C$0.17 as of 10:59 am ET. According to a recent news release, Metasphere Labs expressed the significance of this milestone in enhancing transparency, efficiency, and security in carbon credit management through blockchain technology.…
Standard Lithium’s subsidiary has been chosen for a potential award negotiation of up to US$225 million from the U.S. Department of Energy. The U.S. subsidiary, SWA Lithium LLC, which is jointly owned, has the opportunity to secure one of the largest contracts granted to a U.S. critical minerals project. This opportunity comes from the second wave of funding under the Infrastructure Investment and Jobs Act, which aims to enhance domestic manufacturing across all segments of the battery supply chain and increase the production of critical minerals in the United States. This funding will enable the construction of a central processing…
Enbridge (TSX:ENB) has been a popular choice among Canadian investors due to its dependable income stream from dividends and steady growth. The company’s success has been driven by its extensive pipeline network and involvement in energy infrastructure, leading to stable cash flows and a strong business model in the energy sector. However, Enbridge may face challenges in the future due to increasing environmental concerns, regulatory pressures, and the global shift towards renewable energy. These factors could impact the company’s traditional business model, potentially hindering its ability to sustain past success and attractive returns. As a result, investors are becoming more…
Core Nickel Corp. (CSE: CNCO) is delighted to announce the successful completion of its non-brokered private placement (the “Offering”) as previously disclosed on September 13, 2024. The company issued 8,000,000 flow-through units (FT Units) at a rate of $0.05 per FT Unit, resulting in total proceeds of $400,000. More information regarding the Offering can be found in the news release dated September 13, 2024. All securities issued through this private placement are subject to a hold period until January 21, 2025, in compliance with relevant securities regulations and the policies of the Canadian Securities Exchange. The funds raised from the…
Integra Resources Corp. (TSXV: ITR; NYSE American: ITRG), headquartered in Vancouver, BC, is pleased to announce the completion of a bought deal private placement offering of 14,900,000 subscription receipts at a price of C$1.35 per Subscription Receipt, generating gross proceeds of approximately C$20 million. This Offering was managed by Stifel Nicolaus Canada Inc. and Eight Capital, along with a syndicate of underwriters including BMO Nesbitt Burns Inc., Desjardins Securities Inc., and Ventum Financial Corp. The funds from the Offering have been placed in escrow with TSX Trust Company. Each Subscription Receipt represents the right to receive one common share in…