Author: Alexander Lee

On August 22, 2024, Atlas Lithium Corporation provided an update on the progress of its modular lithium dense media separation (DMS) plant’s preparation for shipment to Brazil. The team from Atlas Lithium recently visited South Africa to oversee the packing of plant components for transport to Brazil. Currently, 48 containers have been packaged, with the total expected to exceed 100 containers before departure from Durban, South Africa to Santos, Brazil. DMS is a processing method that uses a heavy liquid medium to separate materials based on density. Atlas Lithium’s DMS plant will focus on separating spodumene, the primary lithium-bearing mineral,…

Toronto, August 14, 2024 – Electric Elements Mining Corp. (“Electric Elements”) has reported the acquisition of ownership and control over 4,615,400 common shares (the “Subject Shares”) of Niobay Metals Inc. (“Niobay”) on August 7, 2024, through Omega ATS, a registered alternative trading system. This acquisition represents approximately 4.5% of the estimated 103.1 million issued and outstanding common shares of Niobay. The total consideration paid for the Acquisition was $253,847, equivalent to $0.055 per Subject Share. Prior to this transaction, Electric Elements had no previous holdings in Niobay. Osisko Development Corp. (“ODV”), an equity interest holder in Electric Elements, indirectly held…

On August 22, 2024 at 5:00 PM EDT, a statement was released by Radio Fuels Energy Corp., based in Vancouver, British Columbia. The company, known as Radio Fuels Energy Corp. (CSE: CAKE), announced its plan to conduct a non-brokered private placement to raise $1,500,000 through the issuance of 11,538,462 common shares at a price of $0.13 per share. The Private Placement has been fully allotted, and the net proceeds from it will be used as working capital. Finder’s fees are not expected to be paid in connection with the Private Placement. The closing of the Private Placement, scheduled for August…

The stock price of a leading cannabis company has experienced a significant surge in the past two weeks, prompting speculation and interest among investors. Prior to this surge, the stock had been at a 52-week low, making the recent rally noteworthy. Several factors have contributed to the increase in the share price of this cannabis company. One important development came from the United States, where Vice President Kamala Harris called for the Drug Enforcement Administration (DEA) to expedite the process of rescheduling marijuana. Currently classified as a Schedule I narcotic, similar to cocaine, efforts are being made to downgrade it…

The Canadian stock market is currently near all-time highs, but there are still opportunities to find quality Canadian stocks at bargain prices on the TSX. For long-term investors, this is not the time to stay on the sidelines. When it comes to maximizing returns in a Tax-Free Savings Account (TFSA), there are limitations compared to Registered Retirement Savings Plans (RRSPs). However, TFSA withdrawals can be made tax-free at any time, and investment gains can compound and grow tax-free for long-term investors. With this in mind, there are four top Canadian stocks that could be valuable long-term additions to a TFSA,…

On August 22, 2024, Antler Gold Inc. provided an update on the status of the option agreement with Fortress Asset Management LLC regarding the Erongo Central Gold Project in Namibia. Previously announced on May 23 and 24, 2024, Antler Gold Namibia (Proprietary) Limited entered into a binding letter of intent with Fortress, allowing Fortress to acquire up to a 100% interest in the Project for total consideration of US$5.5 million and incurring US$6.0 million in exploration expenditures. Antler will retain a 2% net smelter return royalty and act as the operator for the Project during the three option periods. The…

On August 22, 2024, a mining corporation based in Vancouver, British Columbia announced a strategic agreement with a subsidiary of Fortuna Mining Corp. The agreement involves the assignment of a mining concession for the La Joya Project in Mexico in exchange for a 2% royalty on the Net Smelter Returns (NSR) from the project. There is also an option for Fortuna to acquire an additional 1% NSR for US$1,000,000. The La Joya Project is located in the state of Hidalgo, Mexico. The President and CEO of the mining corporation expressed satisfaction with the agreement, highlighting the company’s continued focus on…

Three professional hockey players, Quinn Hughes, Jack Hughes, and Luke Hughes, were announced as the cover athletes for the upcoming EA Sports “NHL 25” video game. This marks the first time that siblings will be featured on an EA Sports cover together. The new game, set to be released on October 4th, will be available on PlayStation5 and Xbox Series X|S. Electronic Arts Inc. (NDAQ:EA) saw a 1.77% decrease in stock price, trading at US$147.10 at 2:14 pm ET on the day of the announcement. Quinn Hughes, the Vancouver Canucks captain, expressed his excitement at being on the cover with…

Rick Rule, the President and CEO of Rule Investment Media, recently shared his insights on the potential market implications of a Democratic or Republican victory in the 2024 presidential election, as well as the future prospects of energy as a diversified or singular power source. In a video interview with The Market Online, Rule emphasized the importance of paying attention to all forms of energy and the grid, highlighting significant opportunities in this sector. He also discussed his involvement in uranium investments, noting the transition of companies from being criticized to receiving substantial subsidies. Rule suggested that a potential victory…

On August 22, 2024, HIRU Corporation announced the successful sale of its eCommerce subsidiary, The Fixture Place. The strategic decision to divest this subsidiary underscores HIRU’s commitment to optimizing shareholder value by focusing on its core mining operations in Australia. The sale of The Fixture Place was structured as a transaction valued at $2,500,000.00, consisting of a combination of cash and restricted shares. This divestiture is part of HIRU’s broader strategy to streamline operations and concentrate on maximizing the potential of its mining project in Australia. The company believes that this strategic move, along with a reduction in common shares…