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.
Kelowna, British Columbia–September 10, 2024– Strathmore Plus Uranium Corporation (TSXV: SUU) (OTCQB: SUUFF) is pleased to announce that it has received the final Drill Notice permit from the State of Wyoming to conduct exploratory drilling at the Beaver Rim project in the Gas Hills Uranium District of Wyoming. The permit allows for 10,000 feet of drilling, scheduled to commence the week of September 16th to confirm historical results and extend mineralization into areas with limited past exploration. Mr. Terrence Osier, VP Exploration of Strathmore, expressed enthusiasm for the exploration of the Beaver Rim claims. He highlighted previous drilling at Beaver…
The Canadian stock market reached a new high on Monday as investors awaited the Federal Reserve’s upcoming monetary policy decision, with expectations of a significant interest rate cut. The industrials sector saw the highest gains on the TSX, while the telecom market was the only decliner. In the U.S. markets, investors were mixed as they anticipated the Fed’s policy meeting, where a rate cut is projected for the first time since 2020. The Canadian dollar traded at 73.59 cents U.S., slightly up from Friday. U.S. crude futures rose by $1.82 to $70.47 a barrel, while the Brent contract increased by…
Global engineering and nuclear energy firm AtkinsRéalis Group (TSX:ATRL) has secured a contract to modernize the United Kingdom’s rail signalling infrastructure, with the project set to conclude in 2034. This initiative is part of a larger £4 billion signalling upgrade project led by Network Rail, the U.K.’s rail infrastructure operator. AtkinsRéalis Group specializes in providing sustainable engineering and nuclear energy solutions on a global scale. The company’s stock has shown an increase of 13.83% year-over-year and 144.47% since 2019. The contract awarded to AtkinsRéalis Group aligns with their existing rail and signalling projects in various regions in the UK, including…
Investing in dividend stocks with attractive yields can provide a reliable source of passive income over time. By focusing on stocks with solid fundamentals and a consistent history of dividend payments, investors can create steady income streams even during market fluctuations. Utilizing a Tax-Free Savings Account (TFSA) can greatly enhance this investment strategy. Dividends earned in a TFSA remain untaxed, maximizing the returns on investments. One stock that stands out as a potential income generator is a well-established energy infrastructure company with a strong dividend track record. This company has a history of consistent dividend increases over the years, showcasing…
On September 15, 2024, AuMEGA Metals Ltd released significant findings from their first phase of diamond drilling along the Cape Ray Shear Zone in Newfoundland and Labrador, Canada. The results indicated promising potential for mineral resource growth in previously untapped areas within the resource corridor. The drilling targeted conceptual ore shoots at Central Zone, revealing extensions of high-grade mineralization well below the known mineral resource. Managing Director and CEO of AuMEGA Metals Ltd, Sam Pazuki, expressed optimism about the initial phase results, particularly highlighting the down-plunge extension of high-grade shoots at Central Zone. The drilling drilled two deep holes at…
An announcement made regarding the Shaakichiuwaanaan Project highlighted the potential for a competitive and globally significant high-grade lithium project, with a target production capacity of approximately 800 ktpa of spodumene concentrate. It is important to note that the Preliminary Economic Assessment (PEA) discussed in the announcement is a preliminary study that evaluates the technical, conceptual, and economic feasibility of developing the project through the construction of a concentrate processing facility on site. The PEA is at a scoping study level and is based on lower technical assessment, which is not sufficient for estimating mineral reserves and carries inherent uncertainties. Approximately…
On September 13, 2024, CanAlaska Uranium Ltd., a Canadian exploration company, announced the successful completion of its fully-subscribed non-brokered private placement. Through this offering, the company issued 7,692,307 common shares, raising gross proceeds of $4,999,999.55. Finder’s fees totaling $249,999.98 were paid in connection with the offering, and all shares issued are subject to a hold period expiring on January 14, 2025, as per securities laws and TSX Venture Exchange policies. CanAlaska Uranium Ltd. is actively involved in exploring and discovering high-grade unconformity uranium deposits in Canada’s Athabasca Basin. The company’s primary focus is advancing the Pike Zone discovery, a new…
September 09, 2024 9:08 AM EDT | Source: Argo Gold Inc. Toronto, Ontario–(Newsfile Corp. – September 9, 2024) – Argo Gold Inc. (“Argo” or the “Company”) reported that its oil production for July 2024 totaled 2,947 barrels, with an average of 95 barrels per day. The average oil prices were CDN$81.79 per barrel, resulting in net operating cash flow of $161,982 from oil revenue of $241,065 for the month. July 2024 Oil Production Argo’s Interest Argo’s Oil Revenue Argo’s Net Operating Cash Flow Lindbergh 1 (37.5% interest) 70 bbl/day 26 bbl/day $66,746 $43,884 Lloyd 1 (18.75% interest) 184 bbl/day 35…
On September 11, 2024 at 7:55 AM EDT, 22nd Century Group made an announcement regarding the availability of low-nicotine tobacco stock that could potentially generate up to $85.0 million in VLN® revenue and positive cash flow. The company revealed plans to expand the distribution and reach of its VLN® 95% reduced nicotine content smoking products to over 270,000 retail outlets, both nationally and internationally. The company, based in Mocksville, North Carolina, disclosed that recent consumer data on VLN® sales has prompted the decision to scale up sales and marketing operations across the US and global markets. Additionally, it was mentioned…
Melbourne, Australia–(September 10, 2024) – A copper exploration company based in Australia and listed on the ASX and TSXV exchanges has released its Investor Presentation for September 2024. The announcement has been authorized for release by the company’s Board of Directors. For further information, interested parties can contact Sam Spring, President and Chief Executive Officer, at sam.spring@companyname.com or +61431 329 345. The company’s executive office is located at 400 – 837 West Hastings Street, Vancouver, BC V6C 3N6, Canada. They also have a subsidiary office in Australia at Level 4, 100 Albert Road, South Melbourne, Victoria 3205. To view the…