Author: Alexander Lee

August 22, 2024 5:00 PM EDT | Source: Li3 Lithium Corp Commencement of exploration work on the 100% Northern Lights Copper Project Previous small-scale copper production observed in the early 1900s Historic reports indicate copper mineralization grading between 3% to 12% Cu Recent sampling confirms copper mineralization (1% to 19% Cu) with widths up to 4 meters at the surface Accelerated exploration program planned to prioritize testing of width and grade Toronto, Ontario–(Newsfile Corp. – August 22, 2024) – Li3 Lithium Corp. (TSXV: LILI) (FSE: WD9) (“Li3 Lithium” or the “Company”) is pleased to announce that shareholders have approved…

On August 22, 2024, Bengal Energy Ltd. announced the filing of the Information Circular and related meeting and proxy materials for its upcoming Annual General Meeting of shareholders. The Meeting is scheduled to take place on September 19, 2024, at 3:00 p.m. (Calgary time) at 640, 630 6th Avenue S.W., Calgary, Alberta. Shareholders are encouraged to submit proxies in advance of the Meeting. Additionally, Bengal Energy Ltd. disclosed an upcoming change to the board of directors. Mr. Peter Lansom will not stand for re-election as a director at the Meeting and will retire from the Board effective at that time.…

Investors in the cannabis industry experienced a pleasant surprise this week, as cannabis stocks began to rise for the first time since September of the previous year. This uptick in the market was spurred by comments made by Vice President Kamala Harris regarding the rescheduling of cannabis from a Schedule I substance. While this news has sparked optimism among investors, many are now questioning whether this announcement is enough to sustain a continued bull run. It is important for investors to carefully consider the implications of this development. The increase in cannabis stocks came as Harris revealed that the DEA…

To establish a passive income stream at a low cost, income-seeking investors may want to consider including undervalued dividend stocks in their portfolio. The relationship between a company’s share price and its dividend yield is crucial, as investors should aim to identify quality stocks that are trading at a discount while offering an attractive yield. Given that dividends are not guaranteed, it is essential to hold a portfolio of fundamentally strong stocks that are well-positioned to perform well across different market cycles. Two Canadian dividend stocks with forward yields exceeding 6% in 2024 are worth considering. The first is a…

On August 22, 2024, Wedgemount Resources Corp., a company based in Vancouver, British Columbia, announced the successful closure of the first tranche of its non-brokered private placement offering. This offering, which consists of convertible debenture units, raised a total of $1,615,000. Each debenture unit comprises a principal amount of $1,000 unsecured redeemable convertible debenture and 2,941 common share purchase warrants. The debentures will bear interest at a rate of 10.0% per annum and mature thirty-six months from the date of issuance. Proceeds from the offering will be used for the acquisition of the Huggy Assets as described in the company’s…

The announcement of key appointments to the Technical Advisory Board of Quimbaya Gold Inc. (“Quimbaya Gold”) is not intended for dissemination in the United States or through U.S. newswire services. The newly appointed members, Dr. Stewart D. Redwood, Nicolas Lopez Villegas, and Juan Ricardo Sierra, bring a wealth of expertise and experience to Quimbaya Gold’s exploration and development strategies. Their knowledge of Colombian geology and successful track record in the region will be instrumental as the company prepares to drill at its Tahami project, situated in a highly prospective mining district. Dr. Stewart D. Redwood, a distinguished geological consultant with…

August 22, 2024 – Pure Energy Minerals Ltd. announced today that it has granted a total of 800,000 stock options (the “Options”) to directors, officers, and consultants of the Company as part of its approved Stock Option Plan. These Options will vest over one year and can be exercised at a price of C$0.30 per share, with an expiry of five years from the date of issuance, pending approval from the TSX Exchange. In addition, the Company is pleased to announce the appointment of Ms. Ann Fehr as Corporate Secretary, expressing gratitude towards Ms. Yulia McCutcheon for her contributions in…

Ridgeline Minerals Corp. is excited to present a webinar on the Selena project on August 22, 2024, at 4:00 pm ET. Interested individuals can register for the webinar on the company’s website. All financial figures mentioned are in US dollars. Based in Vancouver, British Columbia, Ridgeline Minerals Corp. has recently signed an earn-in agreement with a subsidiary of South32 Limited. This agreement allows South32 to acquire up to an 80% interest in Ridgeline’s Selena carbonate replacement deposit (CRD) project. The Selena project covers a 39 square kilometer land package located near Freeport-McMoRan’s Butte Valley copper porphyry project. To obtain an…

The decline in mining stocks on Thursday caused a setback in the growth of Canada’s primary stock index. Despite this, the optimism surrounding a potential U.S. interest rate cut next month helped mitigate the losses. Canadian National Railway and Canadian Pacific Kansas City ceased their rail operations in the country and initiated a lockout of approximately 10,000 workers following failed labor negotiations with the Teamsters union. In the U.S. markets, there was a retreat from the recent rally as traders turned their attention to Federal Reserve Chairman Jerome Powell’s upcoming speech at the Jackson Hole Economic Symposium on Friday in…

Canadian consumer goods company P2P Group (CSE: PPB / FSE: 3QG) has announced the appointment of Ed Clarke, founder of Yojee, as the new Chief Executive Officer, effective immediately. He will be taking over from the current CEO, Simon Cheng, who will continue to serve as a director of the company. Mr. Clarke brings with him extensive experience in hyper-growth technology platforms from his time at logistics software-as-a-service (SaaS) company Yojee. He played a significant role in positioning Yojee as a leader in landside logistics platforms, which are now used by 4 of the world’s top 10 logistics companies. Known…