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 3, 2024, The Tinley Beverage Company Inc. (CSE: TNY) (OTCQB: TNYBF) announced the successful completion of a non-brokered private placement and debt settlement. The private placement involved the issuance of 9,997,720 units at a price of $0.18 per unit, generating gross proceeds of approximately $1.8 million. Additionally, the company settled approximately $6.5 million in outstanding debts through the issuance of an additional 16,790,661 units and the transfer of Tinley’s bottling line to Blaze Life Holdings, LLC (BLH) at a deemed price of $3.5 million. The company issued a total of 26,788,381 units as part of the private placement…
Val-d’Or, Quebec – Bonterra Resources Inc. announces the commencement of a diamond drilling program at its 100% owned Desmaraisville South project. The Company has identified several prospective geological, geophysical, and drill targets throughout the year, prioritizing them after last summer’s field work conducted by Bonterra’s geology team. A drill rig has been mobilized to the site, with plans to drill between 4,000 to 6,000 meters before the end of the year. For more information on exploration updates for the Desmaraisville North and South projects and the surrounding area, please refer to previous press releases. Marc-André Pelletier, President and CEO, stated,…
Juggernaut Exploration (TSXV.JUGR) has recently announced significant sulphide mineralization averaging 7.32 meters wide at the Bingo property located in British Columbia. The mineralization is observed in breccias within a shear zone that is hosted in a gabbro unit showing extensive potassic alteration in the northeast portion of the Bingo property. The 2024 drill program has been successfully completed, with a total of 3,464 meters drilled across 24 holes from seven different pad locations. Share prices of Juggernaut Exploration have seen a decrease of 23.81 percent, currently priced at C$0.08, as of 11:03 am ET. The company’s CEO, Dan Stuart, expressed…
Power Mag reported that Russia has developed a plan to expand its nuclear power capacity, potentially adding up to 34 new reactors by 2042. This plan, published by the Unified Energy System of Russia, aims to increase the country’s nuclear power share from 18.9% to 23.5% by 2042. Regarding uranium stocks, the current spot price is at US$79.40 per pound as per Business Insider. In the spotlight are companies like Cosa Resources, which has initiated drilling at its Ursa Uranium Project in the Athabasca Basin, and Skyharbour Resources, which has also commenced drilling at its Moore Uranium Project. Tisdale Clean…
Sona Nanotech Inc. (CSE: SONA) (OTCQB: SNANF) has successfully closed a non-brokered private placement, issuing 6,000,000 common shares at $0.25 per share. The company plans to utilize the net proceeds for advancing studies to support regulatory approval for an international, multi-site, first-in-human clinical trial, further research and development of its Targeted Hyperthermia TherapyTM (THT), and for general working capital purposes. Numus Capital Corp. acted as the exclusive finder for the private placement, receiving a cash commission of $88,750 and 355,000 non-transferable share purchase warrants. Each Finder Warrant allows the Finder to acquire one Share at an exercise price of $0.25…
According to a report by Grand View Research, the clean energy market is projected to reach $3.8 trillion by 2030, showing a compound annual growth rate of nearly 17% from $1.1 trillion in 2022. This global shift towards clean energy solutions presents investment opportunities in companies involved in this sector, such as a solar energy manufacturer and a renewable energy company. One company, Canadian Solar, specializes in the production of solar photovoltaic modules and energy storage solutions, with a market capitalization of $892 million. Despite trading significantly below its all-time highs, the company recently reported a decrease in revenue and…
On September 6, 2024, Commander Resources Ltd. (TSXV: CMD) confirmed the expiration of an unsolicited all-cash takeover bid from FruchtExpress Grabher GmbH & Co KG (FEx) due to failure to meet tender conditions. Both parties have mutually agreed to let the bid expire and are looking forward to collaborating on future endeavors. The company expresses gratitude to shareholders for their support. Commander’s Board and Management are committed to a successful strategy that focuses on building a Canada-based copper explorer with a substantial copper-gold exploration portfolio. The company has three porphyry copper-gold projects, a high-grade copper-gold VMS project, and a carried…
Wheaton Precious Metals Corp., based in Vancouver, BC, is excited to announce its upcoming Investor Day webcast scheduled for Tuesday, September 24, 2024, starting at 9:00 am Eastern Time. The event will feature speakers including Randy Smallwood, the President and CEO, along with the Wheaton Executive team. Additionally, technical presentations for specific assets will be presented by representatives from Wheaton’s partners. To participate in the live call, interested individuals can utilize various methods, including accessing the RapidConnect URL or joining the live webcast. The conference call ID for dial-in participation is 42883969. The accompanying slideshow will be available in PDF…
On September 6, 2024, a Canadian exploration company, CanAlaska Uranium Ltd., announced its intention to conduct a non-brokered private placement of up to 7,692,308 common shares at a purchase price of $0.65 per share, aiming to raise a total of up to $5,000,000.20 in gross proceeds. The funds acquired from this offering will be allocated towards work programs on the Company’s exploration properties and general working capital. Qualified investors will have the opportunity to participate in this offering under exemptions from prospectus and registration requirements. CanAlaska Uranium Ltd. plans to compensate eligible finders with finders’ fees in compliance with relevant…
On September 6, 2024, Criterium Energy Ltd., a company based in Calgary, Alberta, announced key executive leadership appointments and the imminent spud of MGH-43, the first of two planned and operated infill wells to be drilled within the Mengoepeh (MGH) field on its Tungkal PSC. Effective immediately, the company appointed Mr. Matthew Klukas as President and Chief Executive Officer (CEO), Dr. Henry Groen as a special advisor, and Mr. Andrew Spitzer as Chief Financial Officer (CFO). Mr. Klukas, a Professional Geophysicist with extensive oil and gas experience, previously served as the company’s Chief Operating Officer. Dr. Groen, who has over…