Author: Alexander Lee

On August 23, 2024, Renegade Gold Inc. (TSXV: RAGE) (OTCQX: TGLDF) (FSE: 070) announced that it has entered into a Digital Marketing Services Agreement with Winning Media LLC. The purpose of this agreement is to provide strategic digital media and consulting services to enhance the corporate visibility and awareness of Renegade Gold Inc. Winning Media is a marketing agency specializing in strategic digital media services, marketing, advertising, and data analytic services. The agreement between Renegade Gold Inc. and Winning Media stipulates that Winning Media will provide services such as omnichannel programmatic advertising, ticker tagging, digital podcasts, email, and short messaging…

An announcement was made by Andean Precious Metals Corp., regarding the release of their 2023 Sustainability Report. This report outlines the company’s progress in Environment, Social, and Governance (ESG) performance across its operations. Alberto Morales, Executive Chairman and CEO, emphasized the company’s commitment to sustainable practices and responsible engagement with stakeholders. The focus is on creating a positive impact on communities and the host country of Bolivia while meeting business goals. The 2021 Sustainability Framework sets clear objectives for health, safety, environmental stewardship, and sustainable development. In 2023, Andean expanded its asset portfolio with the acquisition of Golden Queen, further…

The Canadian main stock index closed the week on a positive note with a broad rally, driven largely by gains in the financial sector. Additionally, the industrials, mining, and energy sectors also experienced significant growth on the TSX. Similar market movements were observed in the United States, where markets saw an increase following statements from the Federal Reserve suggesting potential interest rate cuts in the near future. The Canadian dollar was trading at 74.01 cents U.S., up from 73.51 cents U.S. the previous day. U.S. crude futures also saw an increase, with prices rising to $74.91 a barrel, and the…

Vancouver, British Columbia–(Newsfile Corp. – August 23, 2024) – An exploration and mining company based in Vancouver, Golden Spike Resources Corp. (CSE: GLDS) (OTCQB: GSPRF) (FSE: L5Y), commonly referred to as Golden Spike, has been requested by OTC Markets Group Inc. (OTC Markets) to address recent promotional activity surrounding its common shares traded on the OTCQB market. On August 19, 2024, OTC Markets informed Golden Spike about promotional activities related to the company and its common shares on the OTCQB market. This included the distribution of a promotional newsletter email by Spartan Trading Inc. discussing the company’s investors, management team,…

On August 23, 2024, Hempacco Co., Inc., a vertically integrated hemp manufacturing company based in San Diego, California, received a written notice from The Nasdaq Stock Market regarding its delinquency in filing the Quarterly Report on Form 10-Q for the period ending June 30, 2024. The notice stated that this could potentially lead to the delisting of Hempacco’s securities from Nasdaq, pending a decision from Nasdaq’s hearings panel. The Nasdaq listing rules mandate that listed companies must promptly file all required periodic reports with the Securities and Exchange Commission, which Hempacco is actively working towards. The company intends to complete…

On August 23, 2024, Romios Gold Resources Inc. announced the completion of the final tranche of a non-brokered private placement offering. The offering consisted of up to 15,000,000 shares priced at $0.01 per share, totaling $150,000. The final closing involved the placement of 1,500,000 shares, generating gross proceeds of $15,000. The securities issued at the final closing are subject to a hold period expiring on December 24, 2024. In conjunction with the final closing, Romios Gold raised a total of $100,000, including proceeds from the first tranche of the offering which closed on August 2, 2024. The company is engaged…

Canadian cannabis stocks have been performing poorly on the TSX over the past five years, despite initial optimism following the legalization of marijuana for recreational use in Canada in October 2018. Companies like Canopy Growth invested heavily in expanding manufacturing capabilities and acquiring other companies, but faced challenges due to tight regulations, slow retail rollout, advertising restrictions, and competition from illegal markets. As a result, consumer demand was tepid, inventory levels were high, and losses were significant. To address these issues, companies like Canopy Growth had to shut down production facilities and lay off employees, leading to a significant decline…

The energy sector remains a compelling option for investors seeking steady cash flows and good value, despite the current focus on green energy initiatives. While renewable energy sources like wind, solar, gas, and nuclear are gaining momentum, the transition to a greener future may take many years. Additionally, with increasing global energy demands, fossil fuels are likely to remain relevant, especially in countries without clear plans for transitioning to green energy. The outcome of the U.S. election, particularly between Biden and Trump, could significantly impact oil prices. A Trump victory may benefit oil stocks while renewable energy stocks may favor…

On August 23, 2024, MineHub Technologies Inc. announced the successful closure of a strategic partnership with Abaxx Technologies Inc., as originally disclosed on August 1, 2024. The agreement involved the exchange of Abaxx Shares for MineHub Shares and MineHub Warrants. In the initial tranche, MineHub received 109,584 Abaxx Shares in exchange for 4,166,667 MineHub Shares and 8,333,333 MineHub Warrants. The Abaxx Shares received by MineHub do not have a hold period under securities laws, while the MineHub Shares and Warrants issued to Abaxx, along with any shares issued upon Warrant exercise, will have a hold period of four months and…

In an announcement made on August 14, 2024, Vancouver-based Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) disclosed plans for a non-brokered private placement offering. The company intends to sell a minimum of 20,000,000 units, each priced at $0.045, with aggregate gross proceeds estimated at $900,000. Additionally, there is a provision for the sale of a maximum of 21,000,000 units at the same offering price, bringing the total gross proceeds to $945,000. As part of the offering, Red Cloud Securities Inc. will serve as the finder. Each unit offered will comprise one common share in the company and one transferable…