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.
August 20, 2024 9:00 AM EDT | Source: International Prospect Ventures Ltd. Val-d’Or, Quebec–(Newsfile Corp. – August 20, 2024) – International Prospect Ventures Ltd. (TSXV: IZZ) is pleased to provide an update on its gold prospects in the Eastern Pilbara of Western Australia. The Company, through its wholly owned subsidiary Valroc Ventures Pty Ltd., currently holds 14 tenements totalling approximately 11,790 hectares in the Eastern Pilbara, known as the Mosquito Creek Properties.The Mosquito Creek Properties are strategically located near the Nullagine Gold Project acquired by Calidus Resources Limited, covering regional gold-bearing structural trends with historically reported gold-bearing quartz veins…
On August 20, 2024, Slave Lake Zinc Corp, a company listed on the Canadian Securities Exchange (CSE: SLZ), announced a private placement financing opportunity to expedite exploration activities at its flagship O’Connor Lake Project in the Northwest Territories. This private placement presents investors with a chance to participate in the advancement of a project with substantial potential for large-scale multi-base and precious metal deposits. The private placement offers a combination financing of up to $500,000, with flow-through units available for up to $350,000 at a unit price of $0.06 and hard dollar units available for up to $150,000 at a…
August 20, 2024 6:30 AM EDT | Source: Forum Energy Metals Corp. In Vancouver, British Columbia–(Newsfile Corp. – August 20, 2024), Forum Energy Metals Corp. (“Forum” or the “Company”) is pleased to announce significant developments at its 100% owned Aberdeen Uranium Project. The drilling activities at the Aberdeen project have resulted in the discovery of uranium mineralization, revealing prolific structural and lithological controls, as well as intense alteration at the Main and West deposits situated along the Tatiggaq Fault. Recent visits by Directors to the Aberdeen project and the Kiggavik Core Storage Facility alongside Forum’s Geological Advisor confirmed that…
On August 20, 2024, Green River Gold Corp. announced that they have expanded their mining operations by adding additional equipment to increase their throughput capacity and enhance production capabilities. This strategic move is a part of the company’s commitment to maximizing resource extraction while maintaining sustainable practices. The company has added a second trommel and additional support equipment to their placer mining operation, which is expected to more than double production capacity for the current mining season. In addition to this expansion, Green River Gold Corp. is planning to further expand production in the future and add additional placer mining…
August 20, 2024, Toronto, Ontario–(Newsfile Corp. – August 20, 2024) – Appia Rare Earths & Uranium Corp. announced the initial desorption test results from the Ionic Adsorption Clay (IAC) rare earth elements (REE) targets Maia, Electra, Taygeta, and Merope at the PCH project. A total of 89 samples from 13 auger drillholes were sent to ALS Laboratories in Lima, Peru, and the results consistently confirmed the REE IAC mineralization style on all targets developed over the Ipora Granite. The results indicate very good recoveries of Magnet Rare Earth Oxides (MREO) and Heavy Rare Earth Oxides (HREO). Stephen Burega, President, commented…
August 08, 2024 6:43 PM EDT | Source: Pine Cliff Energy Ltd. Calgary, Alberta–Pine Cliff Energy Ltd. announces its second quarter 2024 financial and operating results and guidance update. Second Quarter 2024 Results Generated $10.8 million and $21.3 million of adjusted funds flow for the three and six months ended June 30, 2024, respectively. Production averaged 23,688 Boe/d and 23,776 Boe/d for the three and six months ended June 30, 2024. Paid dividends of $5.4 million and $14.9 million during the three and six months ended June 30, 2024. Capital expenditures totaled $1.0 million and $1.6 million for the three…
August 12, 2024 2:25 PM EDT | Source: Lotus Ventures Inc. Based in Vancouver, British Columbia, Lotus Ventures Inc. (CSE: J) (“Lotus” or the “Company”) is providing an update on a transaction previously announced on May 17, 2024. On July 29, 2024, the Company received a partial revocation order from the British Columbia Securities Commission, partially lifting a cease trade order issued on April 4, 2024. This partial revocation allows for the completion of the transaction while the cease trade order remains in effect for other purposes. The transaction is part of the Company’s proposal to its creditors, as…
In a recent statement, Michael Moskowitz, the Chair and CEO of NorthStar, announced a significant growth milestone in revenue and gross margin, exceeding 60% in the latest quarter. Moskowitz highlighted that top-line growth continues to outpace expenses, showcasing the business’s efficient scalability and potential. Financial highlights for the second quarter ending June 30, 2024 (Q2 2024) include a remarkable 61% increase in revenue, reaching $7.5 million compared to $4.6 million in Q2 2023. Total wagers at Northstarbets.ca saw a 41% increase to $225.5 million, while gross gaming revenue at NorthStarbets.ca surged by 58% to $8.7 million during the same period.…
On August 20, 2024, Kingsmen Resources Ltd, a company based in Vancouver, British Columbia, announced the appointment of Mr. Mark J. Pryor as a director. Mr. Pryor brings a wealth of experience in the exploration and development of mining projects, particularly in the Mexican silver belt, having successfully advanced multiple precious metal projects over his 40-year career. His expertise aligns with Kingsmen’s focus on exploration in similar geological settings. Mr. Pryor’s background includes roles with major mining companies such as Anglo American, Placer Dome, and Antofagasta Minerals. His proven track record of transitioning discoveries into operational mines will be valuable…
August 20, 2024 8:00 AM EDT | Source: Atomic Minerals Corp. Vancouver, British Columbia–(Newsfile Corp. – August 20, 2024) – Atomic Minerals Corporation (TSXV: ATOM) (“ATOMIC MINERALS” or the “Company”) applauds U.S. Energy Secretary Jennifer M. Granholm for her recent advocacy for the expansion of nuclear power in the United States and globally. Recently, Georgia Power Co., in collaboration with three other utilities, marked the successful commissioning of two new nuclear reactors at Plant Vogtle in Waynesboro, Georgia. This significant $35 billion investment not only signifies a major advancement in the future of clean energy but also emphasizes the…