Author: 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.
In Canada, the bear market experienced by the marijuana sector has been particularly severe. Initially, many marijuana stocks saw significant growth due to positive industry sentiments and the anticipation of legal marijuana becoming a lucrative market. However, as it became evident that Canadian marijuana companies would face challenges from the lingering black market, the sentiment shifted, leading to a prolonged slump and substantial devaluation for many companies. Despite the industry challenges, there are signs of recovery for some marijuana stocks, including Canopy Growth. Once a leading player in the cannabis industry, Canopy Growth has faced setbacks due to weak sector…
Precious commodities such as gold and oil are frequently on the radar of investors due to their global significance and potential for value appreciation. Gold, in particular, has historically been used as a form of currency and a hedge against inflation, making it a popular choice for those looking to diversify their portfolios. On the other hand, oil remains a fundamental fuel for the modern economy, presenting an attractive investment opportunity despite the growing shift towards renewable energy sources. Investors interested in gaining exposure to these commodities may consider investing in companies involved in gold mining or oil production, transportation,…
On August 21, 2024, Bear Creek Mining Corporation announced that it had drawn down $750,000 in funds from a secured promissory note dated January 22, 2024. This draw represents $375,000 in Additional Credit for each of July and August 2024. The funds will be used for ongoing exploration work at Mercedes and general working capital purposes. According to the terms of the promissory note, Sandstorm Gold Ltd., the affiliated party, has made credit available to Bear Creek Mining up to $375,000 per month from February 2024 to August 2024. Sandstorm also has the option to convert the amounts drawn under…
VANCOUVER, BC, Aug. 14, 2024 – August 15, 2024 – Sydney, Australia Patriot Battery Metals Inc. (the “Company” or “Patriot”) is announcing the addition of experienced lithium commercial executive Alex Eastwood to their team. Eastwood will take on the newly created role of Executive Vice President – Commercial at Patriot Battery Metals, effective immediately. Based primarily in Australia, Eastwood will contribute to the ongoing engagement Patriot has with the industry downstream as they prepare for the future of the Shaakichiuwaanaan Project (formerly known as the Corvette Project). With over 28 years of experience in mining and corporate transactions, Alex Eastwood,…
On August 21, 2024, Sienna Resources Inc., a mineral exploration company, announced the expansion of its Dragon Uranium Project in the Athabasca Basin. The company has increased its acreage to 23,134 contiguous acres, positioning it directly adjacent to Cameco Corporation. Management at Sienna Resources Inc. is currently developing plans for the uranium projects in the Athabasca Basin. Jason Gigliotti, President of Sienna Resources Inc., stated that the increased acreage in the Athabasca Basin is a significant milestone for the company. He highlighted the district’s reputation as the world’s highest grade uranium district and emphasized the recent interest in uranium due…
Based in Vancouver, British Columbia, Japan Gold Corp (TSXV: JG) (OTCQB: JGLDF) is excited to announce a strategic partnership with Barrick Gold Corp focused on exploration activities at the Togi, Hakuryu, and Ebino Projects in Japan. The Barrick Alliance has conducted extensive exploration work to identify potential drilling targets within these historic mining districts. Joel Holliday, Executive Vice President of Exploration at Barrick, expressed confidence in the quality of the identified targets, emphasizing their potential for new discoveries. Japan Gold’s President and COO, Mr. Fraser MacCorquodale, highlighted the advantages of leveraging Barrick’s exploration capabilities and looks forward to the upcoming…
Dolly Varden Silver (TSXV:DV) has successfully completed a C$28 million bought-deal offering, with participation from noted mining investor Eric Sprott. The company has uncovered a substantial gold and silver resource at its flagship Kitsault Valley project, with numerous targets indicating potential for additional ounces to be discovered. Dolly Varden is a junior silver and gold mining company operating in the Golden Triangle region of British Columbia. The stock of Dolly Varden Silver has seen a year-over-year increase of 63.64% and a significant rise of 217.65% since 2019. The recent C$28 million bought-deal offering includes C$10 million worth of common shares…
August 21, 2024 2:00 AM EDT | Source: Arrow Exploration Corp. Calgary, Alberta–(Newsfile Corp. – August 21, 2024) – Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL) (“Arrow” or the “Company”), a high-growth operator with assets across key Colombian hydrocarbon basins, is pleased to announce the materials for the Annual and Special Meeting of Shareholders (AGM) to be held on September 25, 2024 at 10:00 AM MST have been filed to fulfill all related regulatory requirements.Materials for the meeting have been sent out on August 20, 2024 to Arrow Exploration Corp. shareholders of record as of August 6, 2024. These…
The static gallery displays an image of the Panther Minerals Inc. logo, showcasing their branding and identity. The image is presented in a professional and eye-catching manner, with detailed information such as data asset type, label, social media sharing options, and download link provided for easy access. The gallery layout is structured to highlight the logo effectively, making it a central focal point for viewers. The design of the gallery enhances the visual appeal of the logo and promotes brand recognition for Panther Minerals Inc.
The TSX index provides investors with exposure to a wide range of stocks across various sectors, but only a select few have the potential to outperform the market over time. It is critical to identify companies with weak fundamentals and avoid investing in them. One such stock on the TSX that is considered to have weak fundamentals is a licensed marijuana producer. Valued at a market capitalization of $445 million, this stock has experienced a significant decline of 99.5% from its all-time highs. There are concerns about the stock’s ability to recover in the coming years. Aurora Cannabis, the licensed…