Recent News

Shell Summary for April 5, 2018

April 06, 2018 / www.stockwatch.com

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterThe TSX Venture Exchange closed up 6.78 points to 770.56 Thursday.David Antony has filed a preliminary prospectus to list his first capital pool shell, Rider Investment Capital Corp.The shell plans to sell a $250,000 initial public off...Read More

Swisher ex Kipp seeks to avoid lengthy jail term

April 06, 2018 / www.stockwatch.com

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Mike CaswellMichael Kipp, the former chief financial officer of Toronto Stock Exchange Swisher Hygiene Inc., has asked a judge in North Carolina to put him in jail for no more than a year for his part in an accounting fraud at the company. He says that he has alr...Read More

ASIAN MORNING BRIEF 06/04: Zinc down on LME; CME average daily trading vols hit all-time high in first quarter; South32 inks annual lead concentrate supply deal

April 06, 2018 / www.metalbulletin.com

The latest news and price moves to start the Asian day on Friday April 6. Zinc prices came under further pressure on the London Metal Exchange on Thursday April 5 while the rest of the base metals complex moved higher, with market sentiment improving due to potential talks between the United States and China around trade tensions. Read more in our live futures report. Here is how pr...Read More

TFSA Dividend Investors: 2 Reliable Canadian Income Stocks to Get U.S. Exposure

April 06, 2018 / www.fool.ca

Dividend investors are looking for ways to get exposure to U.S. growth through Canadian companies. This is a particularly important strategy for savers or income investors who own stocks inside their Tax-Free Savings Account (TFSA).Why?The distributions from Canadian stocks owned in a TFSA are not taxed, but any U.S.-based stock that is held in a TFSA would have its dividends subjected to a withh...Read More

3 Top TSX Stocks That Are Outperforming This Week

April 06, 2018 / www.fool.ca

Following a brief stretch where things were more than a little touch and go, markets responded strongly in the second half of Wednesday's trading and into Thursday with the S&P 500 up 3.47% since noon on Wednesday, the Dow Jones Industrial Average up 4.17%, and Canada's benchmark index, the TSX Composite Index, up 2.43% from its intraday Wednesday lows.The reversal in sentiment is certainly a...Read More

Can Gold Outperform the Slumping TSX?

April 06, 2018 / www.fool.ca

Gold prices moved down on April 5 after it appeared that trade tensions between China and the United States would subsist on comments from chief economic advisor Larry Kudlow. Both countries have made it known that they are willing to negotiate rather than resort to a full-blown trade war. Canadian and U.S. indexes finished the day in the black, but the optimism appears to have been short-lived.On...Read More

Regulator approves licences for new Florida units

April 06, 2018 / tinyurl.com

The US Nuclear Regulatory Commission (NRC) has approved the issuance of combined construction and operating licences (COLs) for the two proposed AP1000 reactors at Florida Power and Light's (FPL's) Turkey Point plant in Florida. The utility has yet to make a final decision on whether to proceed with building the units.How Turkey Point 6 and 7 could appear adjacent to the existing plant (Image: FPL...Read More

Deripaska, Rusal sanctions bullish for US aluminium market; Glencore affected

April 06, 2018 / www.metalbulletin.com

The United States has sanctioned and frozen the assets of Oleg Deripaska and UC Rusal that are subject to US jurisdiction, prompting bullish sentiment and expectations of tightness in the US aluminium market, industry participants told Metal Bulletin."All assets subject to US jurisdiction of the designated individuals and entities, and of any other entities blocked by operation of law as a result...Read More

Peninsula Energy exceeds uranium prodn. guidance at Lance project, shares up

April 06, 2018 / tinyurl.com

Peninsula Energy Ltd (ASX:PEN) produced 43,638 pounds of uranium from its Wyoming-based Lance Project during the three months to March 31, 2018.This represented a quarter-on-quarter increase of 12% and was a catalyst for an increase of almost 10% in Peninsula Energy's shares to an intra-day high of 24 cents.Managing director Wayne Heili said: "The most recent quarter continues our precedent of ach...Read More

LIVE FUTURES REPORT 06/04: LME ali makes late surge on US sanctions; other base metals consolidate

April 06, 2018 / www.metalbulletin.com

Aluminium prices on the London Metal Exchange had rallied by 2.2% at the close on Friday April 6 following the announcement that the United States has sanctioned and frozen Oleg Deripaska's assets subject to US jurisdiction,which includes Rusal.The three-month aluminium price closed at $2,042 per tonne, its highest since before the Easter break. "[Aluminium made] a late charge to $2,055 per t...Read More

US Treasury Dept sanctions Rusal, Deripaska

April 06, 2018 / www.metalbulletin.com

The United States has sanctioned and frozen Oleg Deripaska's assets subject to US jurisdiction, the US Treasury said in a release on Friday April 6. The department designated Deripaska, who stepped down as president of both UC Rusal and EN+ in February, as a Russian oligarch. Deripaska is a non-executive director on EN+. The department said in the release he has acted or purportedly acted...Read More

Aphria Stock Climbs on Expansion Update

April 06, 2018 / smallcappower.com

Aphria Inc.'s (TSX:APH) expansion adds 200,000 sq ft of production space and triples Aphria's production capacity from 9,000 kg to 30,000 kg annuallySmallCapPower | April 6, 2018: Aphria Inc. (TSX:APH) Thursday provided an operational update on Part III expansion of its Leamington facility. The update follows Health Canada approval, which was announced on March 13, 2018. The expansion adds 200,000...Read More

Garbaldi Resources up 9% as Sprott increases stake

April 06, 2018 / resourceworld.com

View from Anomoly A – Photo courtesy Garibaldi Resources Corp.These shares, in addition to shares that were previously acquired through an Ontario numbered company in December 21, 2017 means Sprott beneficially controls 17.3 million shares of Garibaldi and 4.7 million warrants, representing 17.1% of the company on a non-diluted basis and approximately 20.8% on a partially dilute basis.That's...Read More

MINOR METALS MARKET REPORT 06/04: Prices steady due to quiet markets, Chinese Tomb Sweeping Day holiday

April 06, 2018 / www.metalbulletin.com

An overview of the minor metals markets and the reasons for any price moves.Read More

The Mint Corporation (TSXV:MIT) Expands Its Global Reach into India

April 06, 2018 / smallcappower.com

Robust market growth will serve as a tailwind for The Mint Corporation (TSXV:MIT)SmallCapPower | April 6, 2018: Mint makes a Strategic Acquisition in India. On April 5, 2018, The Mint Corporation (TSXV:MIT) announced that it has obtained an option to acquire a 75% ownership interest in vPay, a mobile payment automation platform in India, through an 8% secured convertible promissory note for US$85...Read More

Callinex zeroes in on maiden PEA for Nash Creek, Superjack

April 06, 2018 / resourceworld.com

Location map for Callinex's Nash and Superjack projects, New Brunswick. Source: Callinex Mines Inc.Callinex Mines Inc. [CNX-TSXV, CLLXF-OTCQX: CLLXF] on Friday April 6 released the final batch of results from drilling at its 100%-owned Nash Creek Project in New Brunswick.Callinex has a portfolio of projects in the Bathurst Mining District that is led by its Nash Creek Project, which hosts a large,...Read More

Lithium Junior Jumps on Strategic Investment

April 06, 2018 / smallcappower.com

Nemaska Lithium Inc. (TSX:NMX), a lithium junior, climbed after announcing a strategic investment from SoftBank Group Corp.Sean Mason | April 6, 2018 | SmallCapPowerA significant new shareholder gave a financial vote of confidence to a lithium junior Friday. Here's some small stocks making big moves on Friday, April 6, 2018 (as of 4 pm EST):Nemaska Lithium Inc. (TSX:NMX) shares moved 17% highe...Read More

Best Stocks to Win in Trump's Trade War

April 06, 2018 / www.energyandcapital.com

The U.S. stock market has been quite volatile over the past several weeks as investors speculate on the likelihood of a trade war with China and its danger to the American economy.But not all stocks will be hurt by a trade war.In fact, a trade war between China and the U.S. could have positive effects on some American companies.Generally speaking, trade conflict could be beneficial to domestic-foc...Read More

EUROPE ALLOY STEEL SCRAP: UK prices narrow as nickel costs fluctuate

April 06, 2018 / www.metalbulletin.com

The UK inter-merchant price range for austenitic alloy steel products narrowed upward by ?10 per tonne this week while the price of nickel fluctuated, sources said on Friday April 6.Metal Bulletin's weekly price assessment for inter-merchant 18/8 scrap solids in the UK was ?940-980 ($1,319-1,375) per tonne delivered on Thursday, compared with ?930-980 per tonne on March 29.The London Metal Exch...Read More

Top Canadian Oil and Gas Dividend Stocks for Q2

April 06, 2018 / smallcappower.com

The Canadian oil and gas dividend stocks on our list could provide steady, long-term returns despite oil price fluctuationsSmallCapPower | April 6, 2018: Oil prices have recovered somewhat, with WTI crude having increased 6% over the past month. The Canadian oil and gas dividend stocks on our list have high dividend yields, as well as the reserves and capital to continue operations for an extended...Read More

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