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.
This week, the Canadian main stock index saw a widespread rally that propelled the TSX to a new intraday record high on Monday. Initially, the energy sector led this surge, but a drop in crude prices and disappointing quarterly results from major domestic banks hindered the momentum, pulling the index down. As the week progressed, the TSX continued to be weighed down by declining oil prices, reflecting the current volatile market conditions. Simultaneously, Canada faced a brief job action from its two largest rail companies, alongside the federal government’s decision to impose tariffs on Chinese-made electric vehicles. With numerous companies…
The energy sector has emerged as the top-performing sector on the TSX as of August 15, 2024, with a year-to-date increase of 15.07%, outperforming the broad market’s 6.45%. Investors in this sector have the potential to earn through dividends and capital gains. For those seeking reliable investments, two notable energy stocks to consider are Imperial Oil (TSX:IMO) and Keyera (TSX:KEY). These companies not only offer market-beating returns but also have a track record of growing dividends. Imperial Oil, despite not having the highest dividend yield, has increased its dividend for 28 consecutive years. With a current share price of $99.36,…
August 29, 2024 9:10 AM EDT | Source: BluMetric Environmental Inc. Ottawa, Ontario–(Newsfile Corp. – August 29, 2024) – BluMetric Environmental Inc. (TSXV: BLM) (“BluMetric” or “the Company”), a comprehensive environmental consulting and engineering cleantech firm, disclosed today that it has reached an agreement to provide a permanent installation for a turnkey water pre-treatment and purification system to a remote First Nations community in British Columbia.The contract, valued at $830,000, marks BluMetric’s inaugural fixed system in a remote community, addressing the critical need for clean drinking water. The installation will consist of a complete Mission Ready Water solution, encompassing…
Based on the assay results from eight diamond drill holes, Collective Mining Ltd. is pleased to announce the successful connection of the Olympus and Apollo systems at its Guayabales Project in Caldas, Colombia. This integration has resulted in the formation of a larger system named “Apollo.” The company currently has five drill rigs in operation at the Guayabales Project and has completed over 50% of its fully funded 40,000-meter drilling program for 2024.
August 29, 2024 8:15 AM EDT | Source: Northern Graphite Corporation Implemented Strict Cost Control Measures to Safeguard Working Capital and Strengthen Balance Sheet Raised Output from Lac des Iles Mine to Enhance Operating Income Achieved Near Record Graphite Sales in New Markets Ottawa, Ontario–(Newsfile Corp. – August 29, 2024) – Northern Graphite Corporation (TSXV: NGC) (OTCQB: NGPHF) (FSE: 0NG) (XSTU: 0NG) (the “Company” or “Northern”) is pleased to present an operational summary and financial highlights for the three and six month periods ending June 30, 2024. The Company’s Financial Statements and Management’s Discussion and Analysis for the period…
August 29, 2024 8:04 AM EDT | Source: Criterium Energy Ltd. Calgary, Alberta–(Newsfile Corp. – August 29, 2024) – Criterium Energy Ltd. (TSXV: CEQ) (“Criterium” or the “Company”), a leading independent upstream energy development and production company focusing on driving growth in Southeast Asia and enhancing shareholder value, is pleased to announce the release of its Q2 2024 financial and operational results for the three- and six-month periods ending on June 30, 2024 (“Q2 2024 Results”), along with an Operational Update. The unaudited interim consolidated financial statements and Management’s Discussion and Analysis (“MD&A”) are available on the Company’s official website (https://criteriumenergy.com/reports-filings/)…
The global shift towards electric vehicles (EVs) is creating one of the most significant transformations in the energy and transportation sectors. As EV production ramps up to meet the surging demand, one critical component stands at the heart of this revolution: lithium. The demand for this essential battery metal is skyrocketing, sparking a lithium boom that has put junior mining companies, particularly those in Canada, in the spotlight. In this article, we’ll explore the surging lithium demand, its impact on the global market, and why Canada’s junior miners are uniquely positioned to capitalize on the lithium revolution. We’ll also discuss…
West Vancouver, British Columbia–A mining company recently closed a private placement, raising $1,000,000 through the issuance of 4,000,000 units priced at $0.25 per unit. Each unit consisted of one common share and one-half share purchase warrant, with each whole warrant exercisable at $0.35 per share for a period of two years. The private placement did not involve any finder’s fees or commissions, and all securities issued are subject to a four-month hold period. The proceeds from the private placement will be used to fund exploration and development activities on the company’s Banio Potash Project, as well as for general working…
On August 28, 2024, Visionary Metals Corp. issued a press release to amend a previous press release from August 8, 2024. The correction is related to the disclosure of the amount of units (referred to as “Units”) issued during the Second Tranche of a non-brokered private placement offering. In the Second Tranche, the Company issued 5,240,000 Units at a price of $0.05 per Unit, resulting in gross proceeds of $262,000. This brings the total number of Units issued in the Offering to 8,276,000 with total gross proceeds of $413,800. The correction addresses the inaccurate disclosure that originally stated 5,140,000 Units…
Global Atomic Corporation, a publicly listed company, is pleased to announce that the Government of the Republic of Niger issued a letter on August 15, 2024, expressing its support for Global Atomic and the Dasa Project. In the letter, President Tiani and the Council of Ministers confirmed their endorsement of Global Atomic’s endeavors in the mining sector, specifically the Dasa uranium project. The Government’s letter outlines their support for Global Atomic’s project, highlighting the anticipated socio-economic benefits and the importance of the Dasa Project in national economic development. The Government also emphasized the need for compliance with regulations and the…