Roscan to receive $2.6-million from warrant exercises

Apr 24, 2020

2020-04-24 10:39 ET – News Release Mr. Nana Sangmuah reports ROSCAN GOLD TO RECEIVE $2.60 MILLION FROM EARLY WARRANT EXERCISE Roscan Gold Corp.’s shareholders have confirmed the exercise of 21,700,068 warrants with an expiry date of July 26, 2020, at a price of 12 cents per share, which will add net proceeds of $2,604,008 to the company’s balance sheet. These warrants were issued as part of the Company’s July 26, 2018 private placement financing. The Company has a...

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John Hathaway: if you think gold price will hit new highs, just watch what gold miners will do

Apr 24, 2020

Kitco News Any move towards a true, fair value for gold bullion would only be magnified in gold mining stocks, according to John Hathaway, senior portfolio manager of Sprott. “If gold is not correctly priced for what has transpired and what lies ahead, gold mining stocks are even more inappropriately priced,” Hathaway said in a recent Sprott report. Hathaway said that the gold mining sector is the only industry that stands to reap strong, positive earnings in 2020 and 2021. “2020 free...

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2 Canadian Energy Stocks Set to Cut Their Dividend Next?

Apr 24, 2020

The Canadian energy stocks we’ve discovered could be next to reduce or eliminate their dividend payout SmallCapPower | April 23, 2020: COVID-19 plus a production feud involving Russia and Saudi Arabia has been devastating to the oil price. Many Canadian oil and gas companies have either cut or eliminated their dividend payouts entirely. Today we have identified two Canadian energy stocks that we believe will be next to reduce or stop paying their dividend. *Returns are based on closing stock...

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Why Gold Could Hit US$3000

Apr 24, 2020

Gold Price Poised to Hit US$3000 in 2021: BofA Bank of America analysts believe the gold price will soar as a result of global COVID-19 monetary stimulus Business Insider | April 23, 2020 | SmallCapPower: Central banks’ stimulus frenzy amid the coronavirus pandemic will drive gold to a lofty record by October 2021, Bank of America analysts projected in a note on Monday. (Originally published on businessinsider.com on April 21, 2020) The firm’s analysts lifted their 18-month price...

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Puma Exploration agreement for Jonpol South property

Apr 24, 2020

2020-04-23 20:12 ET – Property Agreement The TSX Venture Exchange has accepted for filing the documentation relating to a purchase option agreement dated April 15, 2020, between Geominex and the company, in connection with the option to acquire a 100-per-cent interest in 51 mineral claims covering 1,111 hectares, known as the Jonpol South property, located in New Brunswick. Pursuant to the agreement, the company shall issue 500,000 common shares, make cash payments totalling $50,000 over...

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