Author: Alexander Lee

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On August 23, 2024, European Energy Metals Corp. announced a non-brokered private placement to raise up to $2,000,000 through the issuance of 16,000,000 units at a price of $0.125 per unit. Each unit will consist of one common share and one half of a common share purchase warrant, with each warrant entitling the holder to acquire an additional common share at $0.20 per share for two years after the closing of the private placement. The company may pay finder’s fees of 7% cash and issue finder’s warrants equal to 7% of the units placed by the finder. The net proceeds…

Grounded Lithium Corp. (GLC) based in Calgary, AB, released its financial and operating results for the three and six months ending June 30, 2024. Detailed financial and operational information can be found in the company’s financial statements and management’s discussion and analysis on their website or at www.sedarplus.ca. The financial results for the three months ended June 30, 2024, show a net comprehensive loss of CAD$241,823 compared to CAD$944,463 in 2023. Cash flow used in operating activities was CAD$93,410 in 2024 compared to CAD$407,588 in 2023. Funds flow used in operations totaled CAD$108,213 in 2024 compared to CAD$684,960 in 2023.…

Calgary, Alberta–(August 22, 2024) – Cassiar Gold Corp. (“”) is pleased to announce an update on the exploration program for its Cassiar Gold Project in northern British Columbia, Canada. The ongoing drill campaign at the Cassiar North project area has been expanded beyond the initial scope of 5,000 meters for Phase 1. A total of 6,520 meters of drilling has been completed to date, with 5,275 meters at the Taurus Deposit and 1,245 meters at the Newcoast target. Additionally, the induced polarization survey data collection phase was completed in August, with drone-supported magnetic and VLF surveys scheduled for the fall.…

Richard De Sousa from the Rich TV Live podcast has shared his latest Stocks to Watch exclusively with Stockhouse. De Sousa highlights Nvidia as a stock anticipated to make big moves and mentions Peloton, Moderna, Pfizer, PayPal, and others in this week’s edition of Rich TV Live Stocks to Watch. For more insights on the companies mentioned and others, viewers can watch the weekly video above to update their watchlist and investment considerations. Engage in discussions about these stocks and more on Stockhouse’s stock forums and message boards, known as Bullboards. It is important to note that the information provided…

On August 23, 2024, Colibri Resource Corporation, a Canadian mineral exploration company listed on the TSX-V (CBI), announced its plan to conduct a non-brokered private placement (the “Offering”) of up to 9,000,000 units (the “Units”) at a price of $0.05 per Unit, with the goal of raising up to $450,000 in gross proceeds. Each Unit will consist of one common share and one common share purchase warrant (the “Warrants”), with each Warrant entitling the holder to acquire an additional Common Share of the company at a price of C$0.075 within 24 months of the Offering’s closing. The net proceeds from…

The North American marijuana industry currently holds over 80% of the market share, with Statista.com forecasting a compound annual growth rate (CAGR) of 14.6% over the next five years, reaching a market volume of approximately US$102.9 billion by 2028. Despite the rapid growth of the global market, prominent cannabis stocks such as Canopy Growth, Aurora Cannabis, and Tilray Brands have all experienced significant losses over the past three years, ranging between 85% and 99%. Only Curaleaf Holdings has managed to outperform the TSX so far in 2023, with a 31.22% increase compared to 2.17% for the market index. Curaleaf, a…

The current market offers few opportunities as lucrative as investing in a well-known energy industry player, Enbridge (TSX:ENB). There are several reasons why investors should consider buying Enbridge stock at this time. Firstly, Enbridge is renowned for its stable pipeline business, which is the largest and most complex pipeline system globally, transporting a significant portion of North American-produced crude and natural gas. This makes Enbridge a defensive option for long-term portfolio management. In addition to its pipeline business, Enbridge has a growing renewable energy segment, having invested over $10 billion in renewable energy over the past two decades. With approximately…

In Vancouver, British Columbia, Nextraction Energy Corp. (OTC: NXTFF) recently announced the acquisition of a demand promissory note (referred to as the “Note”) from an unrelated party with a principal amount of $155,000. The Corporation subsequently assigned the Note to a newly established wholly-owned subsidiary corporation, 1493259 B.C. Ltd. (the “Subsidiary”). In exchange for the Note, the Subsidiary issued 77,500 Class B shares and 10,000 Class A shares to the Corporation. This strategic move enables the Subsidiary to access additional working capital and further strengthens the Corporation’s financial position. The transaction exemplifies Nextraction Energy Corp.’s commitment to expanding its operations…

On August 23, 2024, Aion Therapeutic Inc., a company based in Toronto, Ontario, announced its plan to conduct a non-brokered private placement offering of up to 45,454,545 units at a price of $0.011 per unit, aiming to raise approximately $500,000 in total gross proceeds. Each unit will consist of one common share and one half of one common share purchase warrant. The warrant will be exercisable to acquire one share for a period of eighteen months after the closing of the offering, at an exercise price of $0.05 per warrant share. The proceeds generated from the offering will be utilized…