Author: Alexander Lee

On August 23, 2024, The Tinley Beverage Company Inc. provided an update on its private placement and debt settlement transactions, with an estimated total value of approximately CDN$8.3 million. The Private Placement is expected to involve the issuance of up to 9,997,720 units of the Company at a price of $0.18 per unit, generating around $1.8 million in gross proceeds. Meanwhile, the Debt Settlement is anticipated to settle approximately $6.5 million of the Company’s outstanding indebtedness to certain creditors, including secured debt owed to Tinley’s strategic partner, Blaze Life Holdings, LLC. This settlement involves the issuance of up to an…

Vancouver, British Columbia – August 22, 2024 – Awalé Resources Limited (TSXV: ARIC) is pleased to announce the strategic appointment of key personnel to strengthen the Company’s leadership team as it advances the Odienné Project in Côte d’Ivoire to develop it into a prominent mining camp. Andrew Chubb, CEO of Awalé Resources, expressed his enthusiasm for the new appointments, stating, “I am pleased to welcome a group of highly skilled and experienced professionals to the Awalé team. Their expertise will play a crucial role in advancing our exploration efforts in our 100% owned properties, as well as further developing our…

Recent news coming from the United States has led to a significant increase in the stock price of Canopy Growth (TSX:WEED), a prominent cannabis producer. The stock has experienced a 16% increase as of Wednesday, with continued growth following a recent announcement. Vice President Kamala Harris’s push to reschedule marijuana to a less restrictive drug classification has sparked optimism among investors in the cannabis industry. This potential rescheduling could have major implications for Canopy Growth and other companies with interests in the United States market. Despite the positive news, Canopy Growth is still trading at relatively low valuations compared to…

Incorporating inexpensive stocks into your self-directed investment portfolio can be an effective strategy for stock market investors. However, it is crucial to exercise caution and not blindly invest in stocks that have experienced a decline in share prices. Not every stock that has decreased in value is a worthwhile investment, as some may have underlying issues impacting their performance. When considering cheap stocks, it is important to conduct a thorough evaluation to determine their potential for delivering long-term returns. Factors such as the company’s fundamental strength or favorable industry conditions should be taken into account. The energy sector, particularly renewable…

August 23, 2024 2:00 AM EDT | Source: Thor Explorations Ltd. This press release contains information deemed as insider information as outlined in Article 7 of the Market Abuse Regulation No. 596/2014 (“MAR”). As of the publication of this press release, this insider information is considered to be part of the public domain. Vancouver, British Columbia–(Newsfile Corp. – August 23, 2024) – Thor Explorations Ltd. (“Thor Explorations”), a mining company focused on gold exploration and production, is pleased to present an operational and financial update for its Segilola Gold mine in Nigeria (“Segilola”) and its mineral exploration properties in Nigeria…

Utilities stocks are considered a stable investment option for many investors, especially during times of economic uncertainty. These stocks represent companies that provide essential services like electricity, water, and natural gas, operating in regulated industries with steady demand. Investing in Canadian utilities stocks involves purchasing shares from companies that offer essential services, ensuring stable revenue streams and attractive dividends for investors. When investing in Canadian utilities stocks, it’s essential to research major companies, assess potential risks like regulatory changes and interest rate fluctuations, open a brokerage account with a Canadian firm, diversify your portfolio, take a long-term perspective, and regularly…

On August 23, 2024, a company based in Toronto, Ontario announced its selection of DDH1 Drilling Pty Ltd as the drilling contractor for its Walker Gossan Project. The company, referred to as GPM Metals Inc., intends to conduct a 3,000 m drill program to investigate various gravity, radiometric, and geochemical anomalies in the Eastern Australian Cratonic Edge similar to well-known polymetallic gossan systems in the area. DDH1 Drilling, a company with a fleet of over 70 multi-purpose drilling rigs in Australia, will carry out the drilling operations. In addition, Benn Whistler has been appointed as the Exploration Manager for the…

In Winnipeg, MB, a financial report was released on August 14, 2024, indicating that sales revenue for the quarter had increased by 15.9%, reaching $78.3 million compared to $67.6 million in the same period last year. The total revenue for the first six months of 2024 was $149.4 million, showing a $25.8 million increase from the previous year. The company has successfully addressed supply chain issues and continues to experience strong demand for its products. The financial statement for the second quarter of the year and the first six months ending June 30, 2024, showcased the company’s performance over the…

Vancouver, British Columbia–(August 22, 2024) – Geologica Resource Corp. is pleased to announce that it has received a letter exempting the permit requirement to conduct an Induced Polarization survey at the Topley Copper Project from the British Columbia Ministry of Energy, Mines and Low Carbon Innovation. The Topley project claims have identified high priority exploration target areas and a kilometer-scale VMS target area. The region is known for its large porphyry, copper/gold, and copper/molybdenum deposits, including past producing copper mines, Granisle and Bell. The property is centrally located in BC, Road Accessible, cost-effective to explore, and accessible year-round. Moreover, BC…

Lucara Diamond (TSX:LUC) announced the discovery of a remarkable 2,492-carat diamond from its Karowe Diamond Mine in Botswana. This diamond is one of the largest rough diamonds ever found and was retrieved using the company’s Mega Diamond Recovery technology. The stone is a significant ore type that Lucara plans to focus on during its initial years of underground mining operations. The CEO of Lucara Diamond, William Lamb, emphasized the potential of the Karowe Mine and the company’s investment in advanced XRT technology. This find underscores the effectiveness of Lucara’s diamond recovery approach and commitment to delivering value to its shareholders…