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, MustGrow Biologics Corp., a company focusing on the development of organic biocontrol and biofertility products, announced that it has received approval from the Arizona Department of Agriculture to commence sales of TerraSante, an organic biofertility product, in the State of Arizona. TerraSante, derived from mustard plants, aims to improve soil and soil microbiome health, nutrient and water use efficiencies, and plant yields. The Arizona registration and organic certification are part of MustGrow’s commercialization strategy with BioAg Product Strategies. This approval opens up opportunities for MustGrow to target large agriculture companies in California that utilize Arizona’s winter…
Stephen Whiteside of TheUpTrend.com provides insights into various market trends, including Target, Russell 2000 ETF, Nasdaq 100 ETF, TSX 60 ETF, and more in the Morning Market Outlook for Wednesday. Stay informed about market movements, including the TSX, S&P 500, NASDAQ, gold, and crude oil, by watching Whiteside’s latest market analysis in the video above. It is important to note that the information presented in this article is for informational purposes only and should not be construed as investment advice. Viewers are advised to conduct their own research and consult with a qualified financial advisor before making any investment decisions.…
A recent report published by reputable sources highlighted China’s approval of 11 nuclear reactors across five different locations, with an estimated total value of US$31 billion. These reactors are set to be constructed over the next five years following approval from the country’s State Council. China has been actively approving new reactors, with over 10 being approved in each of the past two years. Currently, China leads in the number of nuclear reactors under construction compared to other countries. In other news, Canadian professional services and project management firm AtkinsRéalis (TSX: ATRL) recently entered into a partnership with Third Qinshan…
Canopy Growth Corp (TSX:WEED) has experienced a significant rally in recent days, with its stock price more than doubling in the last five days and up 245% since its March lows. While this surge in stock price is exciting, there are still concerns that need to be addressed. The recent resurgence in Canopy Growth stock has sparked interest among investors, as the company’s fortunes seem to be turning around after a prolonged period of decline. The volatility in the stock price is once again heading in a positive direction, signaling a potential upturn for the company. One factor contributing to…
In the short term, Canadian energy stocks tend to experience rapid fluctuations due to the unpredictable and volatile nature of energy prices. For example, the price of oil has seen significant shifts over the past six months, starting at US$72 per barrel, rising to US$86, dropping to US$73, and currently hovering in the low $80 range. Fortunately, Canadian energy companies have adapted to better withstand this volatility in the long term. Instead of focusing on production growth, these companies are now prioritizing modest growth, maximizing cash flow, and returning capital to shareholders. Many Canadian energy companies now boast sustainable balance…
Temporary Suspension of Operations at San Martin August 21, 2024 7:30 PM EDT | Source: Starcore International Mines Ltd. Vancouver, British Columbia–(Newsfile Corp. – August 21, 2024) – Starcore International Mines Ltd. (TSX: SAM) (FSE: V4JA) (“Starcore” or “the Company”) has announced the temporary suspension of mining operations at its San Martin Mine (“San Martin”) in Queretaro, Mexico.An unplanned inspection by the Mexican Labor Department highlighted safety standards that must be met before operations can resume. This inspection was prompted by a recent fatality at the mine, the first in 18-1/2 years of Starcore’s history of zero fatalities at…
Allied Gold Corporation (TSX: AAUC) is pleased to announce the completion of its streaming transaction with Triple Flag International Ltd., a subsidiary of Triple Flag Precious Metals Corp. Under the terms of the agreement, Allied received an upfront cash payment of US$53 million and will continue to receive payments equal to 10% of the spot gold price for a portion of its production from the Agbaou and Bonikro mines in Côte d’Ivoire. This transaction allows Allied to unlock significant value in its Côte d’Ivoire Complex and provides the financial flexibility needed to pursue exploration, growth, and optimization initiatives. The CDI…
On August 21, 2024, York Harbour Metals Inc. (TSXV: YORK) (OTC Pink: YORKF) (FSE: 5DE) announced that it has reached debt settlement agreements with third-party creditors and three directors of the company. As part of the agreement, the company will issue a total of 4,723,088 common shares at a price of $0.07 per share to settle a debt of CAD$330,616.38. Of this amount, CAD$87,812.50 or 1,254,463 shares are owed to the directors. The transaction is subject to approval from the TSX Venture Exchange, and all shares issued will have a hold period of four months and one day. York Harbour…
August 21, 2024 9:31 PM EDT | Source: New Zealand Energy Corp. Wellington, New Zealand–(Newsfile Corp. – August 21, 2024) – New Zealand Energy Corp. (TSXV: NZ) (“NZEC” or the “Company”) provided an operational update on the Tariki-5 gas well today. The Tariki Joint Venture, which consists of the Company’s wholly-owned subsidiary, NZEC Tariki Limited (50%), and L&M Energy Limited (50%), has received notice from the drilling rig operator that the mobilization of the rig to the Tariki-5 drill site has been delayed due to mechanical issues with the current well being drilled for another party. As of the current…
Northern Superior Resources Inc., a gold exploration company based in Toronto, Ontario, announced the commencement of an extensive drilling campaign at the Philibert gold property in Quebec. The drilling campaign aims to expand mineralization along different trends near the IAMGOLD Corporation Ltd.’s Nelligan project. In addition to the drilling campaign, Northern Superior has added Mr. Kelly Malcolm and Mr. Will Randall to its Technical Committee. These professionals bring a wealth of experience in the mining and exploration industry to the company. Following a successful equity financing round, Northern Superior secured all necessary permits for the drilling campaign, highlighting its commitment…