Author: 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.
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On September 19, 2024, Hertz Energy Inc. (CSE: HZ) (OTCQB: HZLIF) (FSE: QX1) issued a news release in response to a request from the Canadian Securities Exchange. The company clarified details regarding an investor relations agreement with Outside The Box Capital Inc., a marketing and consulting firm based in Oakville, Ontario. Under the agreement, Hertz Energy Inc. will provide marketing consulting and investor relations services, including social media and online media distribution, for a period of one month starting on September 4, 2024. As part of the agreement, the company will issue Outside The Box Capital Inc. 500,000 options to…
On September 19, 2024, Flora Growth Corp. made an announcement regarding the integration of Sezzle, a prominent “buy now, pay later” (BNPL) platform, into its U.S. e-commerce platforms for JustCBD and Vessel. This strategic move aims to provide consumers with the option to finance their purchases, ultimately increasing accessibility to Flora’s products to a wider audience. JustCBD, a well-known brand within Flora Growth Corp.’s portfolio, has established itself as a reputable provider of quality, lab-tested CBD products. With a diverse range of offerings including edibles, tinctures, and skincare products, JustCBD is dedicated to bringing the benefits of CBD to mainstream…
Onyx Gold Corp., a mineral exploration company, has successfully finalized the acquisition of a diverse portfolio of Properties in the Matheson region, located east of Timmins, Ontario. This acquisition has expanded the Munro-Croesus Property to 10,411 hectares, representing a 12% increase and enhancing exploration opportunities within the Timmins Gold Camp. The acquired Properties, including Highway, Tax, Hewitt, and Munro, are strategically positioned adjacent to Munro-Croesus and neighboring mining projects, displaying promising high-grade and bulk-tonnage gold occurrences. Brock Colterjohn, the President & CEO of Onyx Gold Corp., expressed optimism about the potential of these properties for mineral discoveries, particularly in proximity…
FLYHT Aerospace Solutions (TSXV:FLY) recently announced a collaboration with WestJet and the National Oceanic Atmospheric Administration (NOAA) to enhance weather forecasting in North America. The partnership with WestJet initially aims to provide NOAA with additional humidity, temperature, and wind observations in areas over the Pacific where WestJet operates routes with limited data coverage. In efforts to support this initiative, WestJet will equip three Boeing 737 MAX and two Boeing 737-800NG aircraft flying Pacific routes with FLYHT’s weather solutions. These installations will include FLYHT-WVSS-II atmospheric water vapour sensors to continuously monitor environmental conditions during flights. Scheduled to begin early next year,…
Following the recent imposition of a ban on Russian uranium imports by the United States, a report from Reuters indicates that the U.S. government is investigating potential assistance from China to Moscow. This assistance involves the import of enriched uranium from Russia by China and the subsequent export of its production to the United States. The ban was implemented by U.S. House lawmakers in December as part of efforts to disrupt Russian President Vladimir Putin’s funding of Russia’s war on Ukraine. Regarding the current uranium spot price, as of Wednesday, it stands at US$79.50 per pound, showing a slight increase…
In September, investors in the financial markets have experienced volatility and surprises. The Toronto Stock Exchange (TSX) reached record highs earlier in the week in anticipation of the U.S. Federal Reserve’s monetary policy decision. However, after the Fed announced a 0.5% interest rate cut, the market rally fell short. Meanwhile, Canada met its 2% inflation target, adding complexity to the market environment. The mining sector saw positive performance, especially with news from American Creek Resources Ltd. (TSXV:AMK) and Tudor Gold Corp. (TSXV:TUD) announcing results from drilling at the Treaty Creek property in British Columbia. The exploration program yielded promising results,…
Fortis (TSX: FTS) has demonstrated strong performance on the TSX over the past year, as evidenced by its stock chart. Despite its notable run and a valuation of 19 times earnings, some investors may hesitate to invest in Fortis, viewing it solely as a dividend proxy that may not offer value at its current levels. However, I believe Fortis is a top dividend stock to consider for several reasons. Firstly, Fortis operates within the utilities sector, which is experiencing renewed interest due to the increasing demand for electricity in an AI-driven economy. As a leading provider of electricity and natural…
On September 18, 2024, Sierra Madre Gold and Silver Ltd. announced the successful closure of its non-brokered private placement, raising $500,000 through the sale of 1,250,000 common shares at a price of $0.40 per share. The company intends to utilize the proceeds for future marketing activities and general working capital. The transaction is subject to final approval from the TSX Venture Exchange, with all securities issued under the offering being subject to a hold period until January 19, 2025. Sierra Madre Gold & Silver is a precious metals development and exploration company focusing on projects in Mexico. The company’s management…
With over 25 years of industry and brand experience, Greg Leighton has been appointed as the Vice President of Sales for EAM-Mosca Corp’s US and Canadian markets. This announcement comes as Greg succeeds Ed Martin in this key role. Greg has been an integral part of EAM-Mosca for 26 years, starting his career in 1998 as a Regional Sales Manager. His extensive experience in core industries, particularly corrugated, has positioned him as a valuable asset to the company. Over the past 13 years, Greg has served as the Director of Sales for the USA East region, expanding his knowledge and…