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.
Press Release from Dryden Gold Corp. Vancouver, British Columbia, August 26, 2024 – Dryden Gold Corp., a publicly-traded exploration company (TSXV: DRY) (OTCQB: DRYGF), is pleased to announce a proposed non-brokered equity financing (the “Financing”) of up to 14,000,000 shares. This offering includes flow-through common shares (the “FT Shares”) priced at $0.13 per share and charity flow-through units (the “CFT Unit”) priced at $0.15 per CFT Unit. The total aggregate proceeds from this financing are expected to reach $2,000,000. Each CFT Unit will consist of one FT Share and one-half of one common share purchase warrant, with each warrant…
On August 26, 2024, Radio Fuels Energy Corp. (CSE: CAKE) (OTCQB: CKEFF) announced a definitive arrangement agreement with NV King Goldlands Inc. The Arrangement Agreement entails Radio Fuels acquiring all outstanding shares of NV King through a statutory plan of arrangement, with NV King shareholders holding 40% of Radio Fuels Shares post-Transaction. Key highlights of the Transaction include Radio Fuels expanding its project portfolio, gaining exposure to the Atlanta Gold Mine Project through NV King, obtaining a strong balance sheet with approximately $20 million in cash, and offering NV King shareholders CSE-listed Radio Fuels Shares. Phil O’Neill, CEO of Radio…
Strategic Expansion Plan to Open 2-3 New Stores Per Quarter August 26, 2024 7:00 AM EDT | Source: Delota Corp. Vaughan, Ontario–(Newsfile Corp. – August 26, 2024) – Delota Corp. (CSE: NIC) (FSE:S62) (“Delota” or the “Company”), a prominent Canadian omni-channel retailer of nicotine vape and alternative tobacco products, is delighted to announce its strategic expansion plan to open new retail locations across Ontario. Recently, the Company’s leading brand, 180 Smoke Vape Store, inaugurated a new retail location at 499 Main Street South, Unit 60D, Shoppers World in Brampton, enhancing the Company’s retail footprint to a total of 31…
Cava Group, a Mediterranean restaurant operator listed on the New York Stock Exchange (NYSE:CAVA), has gained attention on Reddit due to its impressive performance since its IPO in June 2023. The company currently operates 341 Cava-branded locations across the United States and has been expanding rapidly. In its short time as a public company, Cava Group has achieved a combination of growth and profitability, which has led to a positive near-term outlook. The stock has seen a significant increase of 218.91% since its debut on the NYSE. Recent discussions on Reddit’s investment forums have highlighted Cava Group’s remarkable returns since…
In the current context of global recognition of the need to address climate change, Canada is attracting significant investment in multi-billion-dollar electric vehicle (EV) battery plants, with hydrogen playing a crucial role in this development. Hydrogen has emerged as a promising fuel alternative, given its abundance and potential to decarbonize the global economy. While naturally abundant, hydrogen is typically bonded to other elements and requires specific processes to be utilized as a fuel source. Canada is among the top 10 producers of hydrogen globally, with oil companies leading the production due to their established infrastructure. The Canadian government has outlined…
A cannabis producer recently announced plans to consolidate shares on a 1-for-10 basis, leading to a drop in shares. This move is part of a trend in the cannabis industry, but the implications for success are uncertain. The primary concern for the company is maintaining its listing status, as shares currently trade below $1. By consolidating shares, the company aims to attract institutional investors and improve its financial standing. This consolidation, scheduled for February 20, is the second of its kind after a previous 1-for-12 consolidation in 2020. While Aurora Cannabis has seen positive earnings through its Canadian and global…
Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF) provides an update on activities at its Amarillo Grande Uranium-Vanadium Project (“AGP”) in Argentina. The current field work focuses on surface exploration while environmental permits for further drilling are being updated. The goal of the ongoing program is to use different techniques to detect blind uranium mineralization at depth. Recent work has included mapping, soil and pit sampling, auger drilling, and the first isotopic survey. The isotopic technique utilizes geochemical analysis of soils to detect uranium at depth based on its decay into specific lead isotopes detectable in surface samples.…
Laurion Mineral Exploration, a junior mining company listed on the TSXV, has reported significant findings of high-grade gold in grab and channel samples collected during the summer at its Ishkõday project in Ontario. The channel samples from the project showed gold grades of up to 24.9 g/t across 0.65 meters, while grab samples displayed gold grades of up to 73.2 g/t. Laurion Mineral Exploration is primarily focused on the development of its gold-rich polymetallic Ishkõday project, located 220 km northeast of Thunder Bay, Ontario. The stock of Laurion Mineral Exploration has shown an increase of 2.5% year-over-year and 156.25% since…
The Canadian cannabis industry continues to underperform the broader markets significantly. One example is the decline of shares in a leading marijuana producer by 84% over the last 12 months, resulting in a market cap of $572 million. This decline is attributed to weak fundamentals, negative profit margins, overvalued acquisitions, goodwill write-downs, and high inventory levels within the industry. Several challenges face marijuana producers in Canada, leading to consistent losses in the industry. Despite the legalization of marijuana for recreational use in 2018, slow retail rollout in major provinces, oversupply of products, heavy regulations, and competition from the illegal market…
The current supply chain disruptions have caused oil and natural gas to become highly sought-after commodities, resulting in an upward trend for oil stocks. Companies like Suncor Energy (TSX:SU) are able to capitalize on this trend by selling their products at market rates, generating windfall profits with low production costs. However, the question arises whether it is wise to invest in a cyclical stock like Suncor at its peak. It is advisable to avoid purchasing Suncor stock at $50 or above, as the stock may struggle to reach those levels again if it enters a downward cycle. Market timing is…