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.
On August 23, 2024, Great Atlantic Resources Corp. (TSXV: GR) announced that the Newfoundland and Labrador Prospectors Association conducted a tour of Great Atlantic’s South Quarry Property in south-central Newfoundland. The tour, guided by Newfoundland prospector Art Gardner, focused on an area where green beryl crystals were discovered, indicating potential for emerald gemstones. The collaboration with the local geological community signifies Great Atlantic’s commitment to advancing exploration efforts and contributing to the economic and scientific development in the region. CEO Anderson expressed excitement about the tour’s success and highlighted the company’s dedication to mineral exploration in Atlantic Canada. The South…
Vancouver, British Columbia–(August 22, 2024) – A resource company formerly known as Atacama Copper Corporation (TSXV: ACOP) has announced a change in its name to “Fuerte Metals Corporation” and trading symbol to “FMT”. The board of directors passed a resolution on August 16, 2024, to approve this Name Change as per the Company’s Articles of Incorporation. The Company’s common shares, trading under the new name “Fuerte Metals Corporation” and symbol “FMT”, are expected to commence trading on the TSX Venture Exchange (TSXV) starting August 26, 2024. CEO Tim Warman expressed his enthusiasm for the name change, highlighting the company’s strengths…
VanadiumCorp Resource (TSXV: VRB) has initiated a fieldwork program at its flagship Lac Doré deposit located in Quebec. This program will involve mapping, sampling, and other activities that fulfill assessment commitments. The company’s objective is to enhance its understanding of the geological potential of the areas adjacent to the Lac Doré deposit that it controls. The CEO of VanadiumCorp Resources, Ian Mallory, expressed enthusiasm for this initiative, emphasizing the importance of conducting on-site investigations prior to planned airborne and ground-based geophysics in the fall. Situated approximately 27 kilometers from Chibougamau, Quebec, the Lac Doré project hosts a valuable vanadium resource…
The Toronto Stock Exchange (TSX) has approved a stock buyback program for Saturn Oil & Gas (TSX:SOIL), allowing them to repurchase up to 11,306,825 of their outstanding common shares from August 27, 2024, to August 26, 2025. Saturn Oil & Gas is a Canadian energy company that operates free-cash-flowing assets in Saskatchewan and Alberta. The company’s stock has experienced a 0.39% decrease year-over-year but has seen a 5.83% increase since 2019. The TSX rules dictate that Saturn can buy back a maximum of 46,032 shares per day, equivalent to 25% of the stock’s average daily trading volume for the six…
Canopy Growth’s CEO, David Klein, has announced his retirement at the end of the current fiscal year, which concludes on March 31, 2025. Since assuming the role in January 2020, Klein has steered Canopy Growth towards a leadership position in the cannabis market by implementing an asset-light strategy in both Canada and various international markets. For more information on this development, please refer to the full article by clicking on the link provided here. In other news related to the cannabis industry, recent updates include PharmaDrug’s Sairiyo Therapeutics revealing potential findings related to Cepharanthine and its interaction with monkeypox proteins,…
On August 23, 2024, Search Minerals Inc., a company based in Vancouver, British Columbia, announced an amendment to the agreement made on June 17, 2021, with United Gold, Aubrey Budgell, and Donna Lewis. This agreement pertains to the option to acquire a 100% interest in the Two Tom Property located in Labrador, Canada. The amendment involves the rescheduling of the third-anniversary cash payment of $60,000 and the issuance of 400,000 shares outlined in the original agreement. Under the amended agreement, Search Minerals Inc. has agreed to expedite the $60,000 payment to the vendors upon the earliest opportunity available. Additionally, the…
The gold market is experiencing a remarkable resurgence, driven by a confluence of global economic uncertainties and increasing geopolitical tensions. As investors seek safe havens and central banks diversify their reserves, gold has once again emerged as a coveted asset. This bullish trend is not just creating a buzz among traditional investors but also opening up exciting opportunities within the Canadian junior mining sector. Here’s a broader look at the gold market and how Canadian junior miners are uniquely positioned to benefit from this boom. Gold Market Overview Gold has always been a cornerstone of financial stability and wealth preservation.…
On August 23, 2024, Saturn Oil & Gas Inc. announced that they have received approval from the Toronto Stock Exchange (TSX) to initiate a normal course issuer bid (NCIB) to repurchase and cancel up to 11,306,825 of their outstanding common shares. The NCIB will be in effect for one year, from August 27, 2024, to August 26, 2025. The decision to authorize the NCIB was made by the Company’s Board of Directors as they believe it is in the best interest of the Company and its shareholders to return capital to shareholders and purchase Common Shares when the market price…
On August 23, 2024, Red Light Holland Corp., a company focused on the production, growth, and sale of functional mushrooms and mushroom home grow kits in North America and Europe, as well as a premium brand of psilocybin truffles to the legal recreational market in the Netherlands, announced that its subsidiary, Happy Caps Mushroom Farms, received a significant reorder from Costco Canada. This reorder includes 26,880 units of the popular Happy Caps “Mega Block” 2kg Mushroom Home Grow Kits, representing a 33.33% increase from the previous order of 20,160 units. The anticipated nationwide availability of these kits in mid-September 2024…
August 23, 2024 8:00 AM EDT | Source: World Copper Ltd. Vancouver, British Columbia–(Newsfile Corp. – August 23, 2024) – World Copper Ltd. (TSXV: WCU) (OTCQB: WCUFF) (FSE:7LY0) (“World Copper” or the “Company”) announces an upcoming corporate update webinar, scheduled for September 5, 2024 at 1:15pm PST.Webinar DetailsTime: 1:15pm PST / 4:15 PM ESTDate: September 5, 2024Speaker: Gordon Neal, President & CEOLink: https://event.webinarjam.com/channel/WCU-WebinarShareholders and attendees are encouraged to submit questions and comments for management review to info@worldcopperltd.com prior to the webinar date.World Copper President & CEO, Gordon Neal, states, “I am looking forward to giving our shareholders and stakeholder…