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.
A recent drilling program conducted by Power Nickel Inc. has resulted in the expansion of the Lion Zone mineralization by over 90%. The significant multi-element assay results were announced following the completion of the 2024 winter drill program. The assay results include high-grade values for various elements such as gold, silver, copper, palladium, platinum, and nickel. The CEO of Power Nickel Inc., Terry Lynch, expressed satisfaction with the productive winter drilling program, noting the positive mineralization results from holes 50 and 60. The company’s understanding of the Lion Zone’s orientation and high-grade distribution has improved, with a core of 100-150…
West Vancouver, British Columbia–(August 22, 2024) – A mineral exploration company, referred to as M3 Metals Corp. in the industry, is pleased to announce that M3 Metals and Surge Battery Metals (“Surge”) have entered into a property purchase and sale agreement. Under this agreement, M3 Metals will sell its interest in the Texas Springs Properties to Surge in exchange for 1,200,000 common shares of the Company. The Texas Springs Properties are jointly owned by M3 Metals and Surge, each holding a 50% stake. The mineral property option agreement that was previously in place has been terminated by the Purchase Agreement.…
Sixty North Gold Mining (CSE: SXTY) recently announced the successful intersection of the East Limb of the A-Zone, unveiling a new gold-bearing quartz vein with visible gold. Drilling activities exposed a 1.0-meter-wide quartz vein and silicified zone containing visible gold, with less than 2% sulphide, with pyrrhotite, pyrite, sphalerite, and galena. The presence of galena typically indicates higher-grade gold values in the quartz veins. Shares of Sixty North Gold Mining have experienced a 14.71% decrease, trading at C$0.14 as of 10:10 am ET. The company shared that the intersection occurred in the 970 Crosscut East, located approximately 50 meters from…
Canadian investors interested in ESG investing may find renewable energy stocks appealing not just for their potential profitability, but also for the environmental impact of the underlying companies. When evaluating these stocks, it is crucial to consider the return potential. Analyzing three Canadian renewable stocks can provide insights into their performance. Algonquin Power & Utilities has faced challenges due to poorly managed debt, resulting in the company having to sell a part of its business and significantly reduce dividends to ensure financial viability. Despite efforts to appease investors, the company recently slashed dividends again and is selling a significant portion…
On August 27, 2024, Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC) (TRADEGATE: 9SC) (OTCQB: MNXXF) presented a quarterly review and update of its projects and achievements. The company aims to become the first publicly traded mining company in Canada and the US to commercialize High Purity Electric Vehicle (EV) compliant manganese. CEO Martin Kepman expressed optimism about the future, highlighting the Canadian government’s push for significant EV battery production facilities. He emphasized Manganese X’s strategic position to address the anticipated shortage of high-purity manganese by 2030, positioning the company as a key supplier to the North American EV and…
On August 26, 2024, Royalties Inc. (CSE: RI) released its second quarter results for the period ending June 30, 2024. The company provided an update on its major investments, which include the Bilbao silver-zinc-lead property in Zacatecas, Mexico, ongoing litigation against Capstone Gold S.A. de C.V., and the acquisition of cash-flowing Music Royalties. In the second quarter, the Company’s music royalties investments generated $18,857, representing a 21% increase from the same period in 2023. Royalties Inc. received $13,125 in dividend income from Music Royalties Inc., reflecting a 17% increase from the previous year. Furthermore, Royalties Inc. reported positive results for…
Vancouver, BC – August 19, 2024 – SKRR Exploration Inc. is pleased to announce the completion of the sale of its 100% legal and beneficial interest in thirteen mineral claims totaling 4,293.213 hectares located in Saskatchewan known as the Manson Bay Project. This sale was executed pursuant to a definitive asset purchase agreement dated February 7, 2024, between SKRR Exploration Inc. and Military Metals Corp. The acquisition of the Purchased Assets by Military Metals Corp. marks a change of business for the company to a mineral exploration entity, as per the policies of the Canadian Securities Exchange. Shareholder approval for…
Toronto, Ontario–(Newsfile Corp. – August 26, 2024) – Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) has announced that they will be hosting an Analyst & Investor Day on September 5, 2024 at 10:00 AM ET. The purpose of the event is to discuss an internal pre-feasibility study on the development of the EPO deposit at the Company’s Morelos Complex, as well as provide an update on the overall business strategy, including Torex’s recently released multi-year exploration plan. Further details regarding the event, including location in Toronto, Ontario, will be provided closer to the date.
On August 26, 2024, Captiva Verde Wellness Corp., a public company listed on the Canadian Securities Exchange under the trading symbol PWR and on the US OTC Market under the symbol CPIVF, announced several updates. The company has arranged a private placement of 150 million units at $0.02 per unit with Cormel Capital LLC, a European based finder, subject to CSE approval. Each unit consists of one common share and one common share purchase warrant that can be converted to a common share for $0.05 per warrant for 3 years. The proceeds from this placement will be utilized for general…
West Vancouver, British Columbia– Surge Battery Metals Inc. (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5) is pleased to announce a property purchase and sale agreement with M3 Metals Corp. (“M3M”). Under the Purchase Agreement, M3M will sell all of its interests in the Texas Springs Properties to Surge in exchange for 1,200,000 common shares of the Company. Both Surge and M3M previously held a fifty percent stake in the Properties under a mineral property option agreement, which has now been terminated. Upon completion of the Purchase Agreement, Surge will assume full ownership of the Properties, with M3M executing quit claim deeds…