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.
VANCOUVER, BC, Aug. 22, 2024 – Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS) (NYSE-A: ARMN) has announced the publication of its 2023 Sustainability Report, which was prepared following the guidelines of the Sustainability Accounting Standards Board (SASB) for the metals and mining industry. Neil Woodyer, CEO of Aris Mining, expressed satisfaction with the release of Aris Mining’s 2023 Sustainability Report. The report highlights the Company’s significant progress in Environmental, Social, and Governance (ESG) initiatives in 2023, demonstrating adherence to industry best practices for the benefit of stakeholders. The report specifically emphasizes the Contract Mining Partners (CMP) program,…
On September 4, 2024, LithiumBank Resources Corp., listed on the TSXV as LBNK and on the OTCQX as LBNKF, announced the successful completion of an initial bulk brine sampling program at Park Place in west-central Alberta, Canada. The program yielded 148 cubic meters (m^3) of lithium-rich brine collected from an active gas producing well within the upper 72 m interval of the Leduc Formation in the vertical well 100/12-03-059-23W5/00. Analysis of the brine samples showed lithium concentrations ranging from 75.0 – 90.9 mg/L, with an average of 83.8 mg/L, which aligns with previous samples collected and reported on January 17,…
Based in Calgary, Alberta, Pine Cliff Energy Ltd. (TSX: PNE) (OTCQX: PIFYF) has announced a regular monthly dividend of $0.005 per common share. The dividend is scheduled to be paid on September 27, 2024, to shareholders of record as of September 16, 2024. These dividends, including future ones, are anticipated to be classified as non-eligible dividends for Canadian income taxation purposes until further notice. Pine Cliff is a company specializing in natural gas and crude oil production.
Press Release: September 04, 2024 8:30 AM EDT Las Vegas, Nevada and Vancouver, British Columbia–(Newsfile Corp. – September 4, 2024) – A multi-state operations-focused cannabis company, known as Body and Mind Inc., is pleased to announce that its wholly owned subsidiary, DEP Nevada, Inc. has successfully completed the sale of all its interests in the Body and Mind Ohio processor for a total consideration of US$2 million in cash. The transaction was finalized in early 2024. Details of the Transaction The sale involved transferring all the issued and outstanding interests in NMG OH P1, LLC, the entity that owns and…
Bombardier (TSX:BBD.A) has announced its participation in three upcoming conferences in September across North America. The conferences include the Jefferies Industrials Conference in New York, Morgan Stanley’s 12th Annual Laguna Conference in Dana Point, California, and the 23rd Annual CIBC Eastern Institutional Investor Conference in Montreal, Quebec. The company’s Chief Financial Officer and Vice President of Investor Relations will be representing Bombardier at these events. This announcement comes on the heels of Bombardier’s Global 7500 business jet breaking more than 50 speed records in under 50 weeks. With a top speed of Mach 0.925, the aircraft has solidified its reputation…
Parkland Corp. (TSX:PKI) has announced its plans to sell its Florida-based retail and commercial businesses as part of a non-core asset divestment program exceeding C$500 million. These assets in Florida include approximately 100 retail locations, nine cardlock facilities, and four bulk-storage plants and warehouses. Parkland is a global fuel distributor, marketer, and convenience retailer with operations in 26 countries across the Americas. The company’s stock has shown a decrease of 2.78% year-over-year and 18.29% since 2019. The divestiture is expected to be completed in 12 to 18 months aligning with the company’s goal of doubling cash flow per share to…
The Canadian stock market index, TSX, has been performing exceptionally well in 2024 with year-to-date gains of 11.4%. Energy stocks, the second-largest sector on the TSX, have seen a 20.7% increase in performance, contributing significantly to the index’s uptrend. Among the energy stocks, Parex Resources (TSX:PXT), an independent oil producer in Colombia, stands out as an attractive option for value-oriented investors. Despite a recent market price drop of 16%, the company has shown an 80% improvement in free cash flow in the first half of the year. Parex Resources boasts a cheap valuation with a forward P/E multiple of 4.5…
Artificial intelligence (AI) is transforming industries around the world, and mining is no exception. From exploration to extraction and sustainability, AI is revolutionizing the way mining companies operate, making them more efficient, safer, and more environmentally friendly. For Canada’s junior mining sector, which often operates on tighter budgets and faces more uncertainty than established players, AI offers a unique opportunity to gain a competitive edge and unlock new mineral resources more effectively. This article explores how AI is reshaping the Canadian junior mining landscape, the key technologies driving this change, and why embracing AI could be the key to staying…
Golden Horse Minerals Limited Announces Strategic Acquisition September 03, 2024 2:32 PM EDT | Source: Golden Horse Minerals Limited Highlights: Golden Horse Minerals Limited (“Golden Horse” or the “Company”) has entered into a Binding Term Sheet with Emerald Resources NL (ASX: EMR) (“Emerald”) and its subsidiaries to acquire strategic tenements in the Southern Cross district of Western Australia, a move that is subject to various conditions precedent (“Acquisition”). The Acquisition includes historical mines such as Hopes Hill and Greenmount, with significant past production records. Hopes Hill Mine produced approximately 219,000ozs @ >2g/t Au. Greenmount Mine produced approximately 16,000ozs @…
The recently filed shelf prospectus supplement, along with its corresponding base shelf prospectus and any related amendments, can be accessed through the SEDAR system. O3 Mining, listed as TSXV: OIII, has disclosed the submission of a Prospectus Supplement for public equity financing totaling $18,150,000 in units, with a potential increase to $20,872,500 if the over-allotment option is fully exercised. These filings have been made with the securities regulatory authorities in all Canadian provinces and territories except Québec. The delivery of the Shelf Prospectus, Prospectus Supplement, and any updates will comply with the “access equals delivery” provision of relevant securities legislation.…