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 September 19, 2024, at 9:20 AM EDT, Lithium Corporation (OTCQB: LTUM), a mineral exploration company focusing on energy metals for the North American battery supply chain, provided an update on its exploration activities at the Las Pilas prospect in Elko, Nevada. In the earlier part of 2024, Lithium Corporation acquired the newly staked Las Pilas property, which shows potential for hosting fluorspar mineralization. Fluorspar is a crucial component of the electric battery as it is used in the cathode, electrolyte, and anode. It also plays a significant role in processing silicon for solar panels. The Las Pilas property has…
Calgary, Alberta–(Newsfile Corp. – September 20, 2024) – Greenfire Resources Ltd., a reputable energy company headquartered in Calgary and dedicated to the exploration and development of thermal energy resources in the Athabasca region of Alberta, Canada, is pleased to announce the submission of the Greenfire shareholder protection rights plan agreement, commonly referred to as the “Rights Plan,” to the Toronto Stock Exchange (TSX). The Company has received notification from the TSX indicating that the TSX will defer…
On September 20, 2024, Aion Therapeutic Inc. (CSE: AION) announced the successful closure of the first tranche of its non-brokered private placement offering. The company issued 22,000,000 units at a price of $0.011 per unit, resulting in total gross proceeds of $242,000. Each unit comprises one common share and one half of one common share purchase warrant. The warrants are exercisable to acquire one share for a period of eighteen months post the offering’s closure at an exercise price of $0.05 per warrant share. The proceeds from the offering will be utilized for general working capital purposes. All securities issued…
Edmonton, Alberta– (September 9, 2024) – A mineral exploration company based in Edmonton, Alberta, has announced its intention to undertake a non-brokered private placement to raise up to CAD$900,000 through the issuance of convertible debentures. The debentures will mature five years from the date of issuance, with an interest rate of 11.0% per annum payable quarterly. Holders of the debentures have the option to convert them into common shares in the company at a conversion price of $0.06 per share. The company aims to issue the debentures in multiple tranches, with the first tranche expected to close by September 30,…
After a week marked by fluctuations between record highs and significant losses, Canada’s primary stock index closed out the week with a mix of gains and losses that mirrored activity on Wall Street. The market saw a pullback as traders assessed the impact of a U.S. interest rate cut, which had driven a rally on the TSX earlier in the week. Following a record-setting rally in the U.S. markets, investor confidence surged as the Federal Reserve initiated an easing cycle with a substantial 50-basis-point rate cut and hinted at further reductions. The central bank also signaled expectations for sustained economic…
Richard De Sousa, host of the Rich TV Live podcast, shares his latest picks for Stocks to Watch in an exclusive feature for Stockhouse. De Sousa expresses enthusiasm about the recent rate cut by the Fed and highlights stocks like Mastercard, Netflix, ADMA Biologics, GM, Laser Photonics, Uber, and more in this week’s edition of Rich TV Live Stocks to Watch. View the weekly video above to discover which companies De Sousa recommends adding to your watchlist and potentially investing in. For further discussion, visit Stockhouse’s stock forums and message boards to engage in conversations and gain insights on the…
Tilray Medical, a subsidiary of Tilray Brands, has recently introduced Redecan-branded medical cannabis products in the Australian market. The subsidiary is making available two EU-GMP-certified products under the renowned Canadian brand to patients in Australia. For more information on this development, please refer to the link provided. In addition to this announcement, here are some of the top cannabis news stories for the week: 1. High Tide reports record revenue of $131.7 million in its Q3 2024 financial results. 2. Aurora Cannabis is advancing auto-flowering research, unveiling key insights for future cultivation. 3. Lifeist has concluded a CannMart transaction with…
Successful investors like Warren Buffett have significantly multiplied their wealth by investing in the stock market. While Buffett himself has achieved great financial success through stock holdings, he believes that the majority of investors will struggle to outperform the market. Although it is challenging, individual stocks can surpass the market and generate higher returns over time. One potential stock that Canadian investors should consider is a dividend-paying company in the energy sector, which recently caught the attention of market analysts. This particular energy company, which had been owned by Buffett for almost eight years before he divested in response to…
The FDA has granted Fast Track Designation to Narmafotinib for the treatment of advanced pancreatic cancer. This designation is intended to expedite the development and review process of promising drugs for serious conditions. Narmafotinib is being investigated as a potential treatment option for patients with advanced pancreatic cancer, and this designation underscores the potential benefit it may offer to this patient population.
On September 19, 2024, Quantum Battery Metals Corp., a company based in Vancouver, British Columbia, announced a proposed share consolidation. The consolidation will involve exchanging eight pre-consolidated shares for one post-consolidated share. Currently, the company has 52,228,443 outstanding shares, which will be reduced to approximately 6,528,555 shares after the consolidation. The shares will begin trading on a consolidated basis with a new Cusip number on September 23, 2024, while the company name and symbol will remain unchanged. Quantum Battery Metals Corp. cautions that certain statements in this release may be considered forward-looking statements. These statements are not guarantees of future…