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 22, 2024, Vizsla Royalties Corp. (“Vizsla Royalties” or the “Company”) announced that its common shares and warrants have received conditional approval for listing on the TSX Venture Exchange as a Tier 2 issuer under the symbol “VROY” and are scheduled to begin trading on August 26, 2024. The Company recently completed a consolidation of its shares on August 6, 2024, wherein one new share was issued for every ten existing common shares. Additionally, on July 30, 2024, Vizsla Royalties closed a non-brokered private placement of shares, generating proceeds of $5,192,498. A total of 8,654,164 shares were issued at…
Vancouver, British Columbia– In a recent announcement, Barksdale Resources Corp. welcomed Dr. Quinton Hennigh to its Board of Directors. Dr. Hennigh expressed his enthusiasm for joining the board and highlighted the significant potential of the Sunnyside Project. With over 30 years of experience in the exploration and metals mining industry, Dr. Hennigh brings a wealth of knowledge and expertise to the team. Rick Trotman, President and CEO of the company, expressed his appreciation for Dr. Hennigh’s addition to the team, emphasizing the value of his insights as the company moves forward with the next phase of drilling at Sunnyside. Additionally,…
In recent weeks, the stock price of a leading cannabis company has experienced significant growth, with a surge of 113% since March 14. Analysts predict that this growth trend may continue, potentially resulting in the stock price doubling by 2024. One contributing factor to this growth is the supportive stance taken by key government officials in the United States towards marijuana legalization. The recent calls for the rescheduling of cannabis as a less restrictive narcotic by the President and Vice President have generated optimism among investors. Additionally, the announcement by Germany to recognize marijuana as a non-narcotic starting in April…
The performance of stocks can vary greatly in terms of their rate of movement, with some experiencing sharp rises and falls while others exhibit slower, more gradual changes. One example of a stock known for its relatively slow movements is a prominent energy company in Canada, which is also one of the largest pipeline companies globally. Typically, this stock tends to show gradual slumps and subsequent recoveries, except in cases of sudden market crashes triggering bear market trends. Even slight fluctuations, such as a 1.6% increase, may indicate the start of a significant trend rather than just normal volatility. In…
August 22, 2024 9:48 AM EDT | Source: Colibri Resource Corporation A recent geological mapping and outcrop sampling project conducted by Colibri Resource Corporation at the EP gold project on the Plomo property in the Caborca Gold Belt, NW Sonora, has yielded promising results. Noteworthy findings include outcrop grab samples with values up to 2.99 grams per tonne (“g/t”) Au, extending the surface mineralization footprint at the San Perfecto target by approximately 350 meters, and samples from the La Culebra target area with values up to 4.64 g/t Au over a strike length of about 650 m.Ian McGavney, President…
Stephen Whiteside, an analyst at TheUpTrend.com, provides a comprehensive analysis of the bond market, cryptocurrencies, bank stocks, gold stocks, and more in the latest Morning Market Outlook on Thursday. Stay informed about market trends and anticipate market movements with daily updates on key indices such as TSX, S&P 500, NASDAQ, as well as commodities like gold and crude oil. View Whiteside’s insights in the video above for the most recent market analysis. Please note that the information presented in this article is for educational purposes only and should not be considered as financial advice. It is advisable for viewers to…
In recent market activity, the Toronto Stock Exchange (TSX) experienced a surge in optimism driven by expectations of potential interest rate cuts in the U.S. However, the index halted its eight-session winning streak following a report indicating a decline in Canada’s inflation rate to levels not seen since 2021. Despite this development dampening the bullish sentiment, the TSX remains a focal point for investors navigating the evolving economic landscape. Amidst this backdrop, three TSX stocks have attracted significant attention from market participants. One notable development is the acquisition announcement made by Tourmaline Oil Corp., Canada’s largest natural gas producer, to…
On August 22, 2024, Nextleaf Solutions Ltd., a licensed cannabis processor based in Vancouver, British Columbia, provided an update on their Commercial Partners Program. This strategic update comes as a result of improved stability in the supply chain and increased production and manufacturing capacity due to internal investments. The Commercial Partners Program focuses on mutually beneficial agreements with partners to ensure stability and industry health, strategic alignment in vision or values for building authentic relationships, and leveraging core capabilities to complement strengths and offer alternatives to vertical integration. Nextleaf offers services within the Commercial Partners Program such as rapid innovation,…
On August 22, 2024, Bravada Gold Corporation (TSXV: BVA) (OTCQB: BGAVF) (FSE: BRTN) announced a non-brokered private placement to offer up to 10,000,000 units at a price of $0.035 per unit, with the goal of raising $350,000 in gross proceeds. Each unit consists of one common share and one share purchase warrant, exercisable for three years at an exercise price of $0.05 per share. The company also plans to include an over-allotment option to purchase up to an additional 10% of units beyond the initial offering. The net proceeds from the private placement will be allocated towards exploration and land…
August 22, 2024 9:00 AM EDT | Source: Ximen Mining Corp. Vancouver, British Columbia–(Newsfile Corp. – August 22, 2024) – Ximen Mining Corp. (TSXV: XIM) (FSE: 1XM) (OTC Pink: XXMMF), a mining company, announces the commencement of its 2024 drill program at the Brett epithermal gold project near Vernon in southern BC. The company has successfully mobilized crews and equipment, including a diamond drill, D6 Cat, Hitachi excavator, and ancillary pumps and hoses to the Brett property, where a temporary camp has been established. Access trails have been re-opened, and fieldwork activities such as prospecting and surveying are already in…