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.
Lode Gold Resources (TSXV:LOD) has initiated a Heliborne HeliTEM survey over the Riley Brook and McIntyre Brook properties located in New Brunswick. This survey is part of the recently formed Acadian Gold Joint Venture with Fancamp Exploration Ltd. The survey will encompass a 419-square-kilometre land package of mineral claims that include gold mineralized zones spanning several kilometers. This area is in alignment with Puma Exploration’s Williams Brook property, which is known for its significant gold deposits. The Heliborne HeliTEM survey uses advanced electromagnetic technology to provide detailed subsurface imaging, aiding in the identification of potential gold deposits. This innovative approach…
E3 Lithium (TSXV:ETL) has successfully completed all milestones of its pilot project funded by Natural Resource Canada. The company received a total of C$3.5 million from the Critical Minerals Research, Development, and Demonstration Program, with the final payment amounting to $354,000. This funding has been instrumental in supporting E3 Lithium’s field pilot operations and the advancement of utilizing direct lithium extraction technology to extract lithium from brines in Alberta. As a result, E3 Lithium’s shares have seen a 5.13% increase, reaching C$1.23 as of 12:33 pm ET. The company demonstrated the effectiveness of its direct lithium extraction technology at scale…
A prominent player in the cannabis industry, known for iconic brands like Tweed and Wana, has recently made a US$100 million prepayment on its senior secured term loan. This prepayment has automatically extended the loan to December 18, 2026. Additionally, the company has the option to make an additional US$100 million prepayment at a discounted rate by March 31, 2025, further extending the loan’s maturity date to September 18, 2027. For more detailed information on this development, please refer to the full story by clicking on the following link: [Link to full story]. In other cannabis industry news highlights for…
A press release from Calgary, Alberta, on October 17, 2024, announces that Volt Carbon Technologies Inc. (TSXV: VCT) (OTCQB: TORVF) has accepted the resignation of Rob Martin from the company’s Board of Directors, effective immediately. The company expresses its appreciation for Mr. Martin’s contributions and wishes him success in his future endeavors. Volt Carbon Technologies is a publicly traded company specializing in carbon science.
VANCOUVER, BC, Sept. 16, 2024 – Wheaton Precious Metals Corp. (“Wheaton” or the “Company”) has announced the launch of the inaugural Future of Mining Challenge. This challenge will grant US$1 million to a winning venture that is dedicated to advancing technology in the mining industry. Wheaton, with its diverse global portfolio, is focused on promoting sustainability efforts within the mining sector. The initiative seeks innovative technologies that can reduce environmental impacts, enhance efficiencies, and contribute to climate solutions while ensuring responsible resource availability for future generations. Randy Smallwood, President & Chief Executive Officer of Wheaton, emphasized the importance of mining…
On October 17, 2024, Appia Rare Earths & Uranium Corp. announced the commencement of an airborne Gravity Gradiometer and Magnetic Survey over its Otherside Property located within the uranium-bearing Athabasca Basin of Saskatchewan, Canada. The survey will be conducted by Xcalibur Smart Mapping using their Falcon Airborne Gravity Gradiometer (AGG) technology to explore potential uranium deposits. The goal of this survey is to utilize gravity and magnetic geophysics to identify lithostructural contrasts in subsurface rocks, with the aim of pinpointing key anomalies that may lead to uranium discoveries. This survey is a crucial step in Appia’s exploration efforts and will…
On October 17, 2024, Criterium Energy Ltd. (TSXV: CEQ), an independent upstream energy development and production company based in Calgary, Alberta, shared its preliminary operating results for the third quarter of 2024 along with updates on recent drilling activities at its 100% owned Tungkal PSC in Indonesia. The company exited the third quarter with September production of 933 bbl/d, showing a 14% increase from the previous quarter. Additionally, gross operating costs have decreased by 25% since January 2024, resulting in a $10 per bbl improvement in operating netbacks over the year. Criterium’s ongoing work program, focusing on low-cost well interventions…
On October 17, 2024, at 7:00 AM EDT, an innovative Canadian-based cannabis-infused edibles manufacturing company, referred to as “the Company” or “City View”, which operates under the name City View Green Holdings Inc., announced its intention to raise gross proceeds of up to $1,000,000 through a non-brokered private placement of up to 100,000,000 units (referred to as “Units”) at a price of $0.01 per Unit. Each Unit will consist of one common share in the capital of the Company and one-half of one common share purchase warrant. Each whole warrant will entitle the holder to purchase one common share of…
Vancouver, British Columbia– On September 25, 2024, Lions Bay Capital Inc. (TSXV: LBI) held its Annual General Meeting of Shareholders on September 12, 2024. All matters presented at the meeting were approved by a significant majority. During the meeting, shareholders voted to elect independent director Patrick Power to the Company’s Board. Mr. Power brings over 20 years of experience as a venture capitalist and financier, as well as a background in directing public companies. His expertise in deal-making, financing, and leadership will be valuable assets to Lions Bay. In addition to his appointment to the Board, Mr. Power has been…
First Tellurium’s subsidiary, PyroDelta, has reported a significant advancement in the power generated by its prototype thermoelectric generator, with a ten-fold increase in power output. Initially capable of producing only 20 watts of power, the generator can now generate up to 200 watts, demonstrating enhanced efficiency and reliability in converting heat into electricity without the need for traditional fuel or batteries. This breakthrough in portable power solutions aims to revolutionize the market, offering increased performance and reliability for users in emergency situations and outdoor activities. The improved generator utilizes cutting-edge thermoelectric materials and innovative design enhancements to achieve this remarkable…