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April 19, 2021
Greatland Gold identifies multiple new targets after tests at Scallywag licence Greatland has already demonstrated its exploration success with the huge Havieron discovery currently being worked up by Newcrest Greatland Gold PLC (LON:GGP) announced results of its final four drill holes from the 2020 drilling campaign at its 100%-owned Scallywag licence. The company drilled seven holes in total in 2020. The company identified multiple new targets to conduct further drill testing. Greatlands 20...
April 19, 2021
The ceramics seller said it was not “currently appropriate” to declare a final dividend The Raku range. Photo credit: Churchill China PLC Churchill China PLC (LON:CHH) saw its full-year profits shattered as sales were affected by the Coronavirus pandemic and the consequent restrictions on hospitality markets worldwide. The ceramics maker posted a pre-tax profit before exceptional items of £848,000 for 2020, down 92% from the previous year, as revenue slumped 46% to £36.4mln...
April 19, 2021
Trading halts for Antipa, White Rock, Emyria, Perpetual and Greenland Minerals Each of the trading halts will be in place until Wednesday, April 21, or until an announcement is released to the market. The ASX has granted each company a trading halt with announcements upcoming. Antipa’s halt is in relation to an upcoming announcement about a proposed capital raising. It will remain in place until the beginning of regular trade on Wednesday, April 21, or when an announcement is rele...
April 19, 2021
Hillcrest Energy Technologies inks Memorandum of Intent for a stake in a British Columbia electric vehicle equipment supplier Hillcrest said it is working towards a definitive agreement to take an initial 30% equity interest in privately-held EV Deal Co, which provides electric vehilce charging stations and software solutions Hillcrest said EV Deal Co has years of experience securing and servicing provincial, municipal, commercial, multi-family and individual contracts Hillcrest En...
April 19, 2021
Rumble Resources soars to new record on heavy volume after zinc-lead discovery at Earaheedy The drilling results have only tested 2 kilometres of the 45 kilometres of prospective mineralised strike - underlining the potential for a large-scale zinc-lead system at the Chinook Prospect. Massive sphalerite (zinc) in RC chips from hole EHRC050 at Chinook. Rumble Resources Ltd (ASX:RTR) hit a new record after fast-tracked assay results from two reverse circulation (RC) holes at Chinook ...
April 19, 2021
The Dow was the least worst of the majors with Nasdaq lagging just behind Small Caps (SPY -0.5%). Biden administration weighs rule to reduce nicotine levels in cigarettes. The Market in Perspective Here are the headlines moving the markets. Lithium Mega-Merger Creates New $3 Billion Company Australian lithium minersGalaxy Resources (ASX:GXY)andOrocobre (ASX:ORE)haveagreed to a merger that would create a $3.1 billion (A$4bn) company, set to be the worlds fifth largest producer of lithium chem...
April 19, 2021
Arcadia Biosciences acquires physical and IP assets of Spanish food ingredients company Agrasys SA The company will now commercialize Tritordeum, a proprietary cereal grain thats high in fiber, protein, and lutein, in Europe Key Agrasys personnel will join the newly created Arcadia SPA and will operate the Tritordeum and GoodWheat business lines Arcadia Biosciences Inc (NASDAQ:RKDA) said it has acquired, through Arcadia SPA SL, the assets of Spanish food ingredients company Agras...
April 19, 2021
Management team exploring possible acquisition at 80 pence per share Photo credit: Cambria Automobiles PLC Cambria Automobiles PLC (LON:CAMB) said its management team has been given extra time to evaluate a possible acquisition of the motor retail group. The management team has been given put up or shut up deadline of 5.00pm on May 17 by the UK Takeover Panel. On March 22, the board of Cambria announced that it had consented to chief executive Mark Lavery, finance director James Mu...
April 18, 2021
“money flow buy signal” back to levels normally associated with the end of “buying stampedes.” With “sell signal” next week. Specifically, I stated: “The market is trading well into 3-standard deviations above the 50-dma, and is overbought by just about every measure. Such suggests a short-term “cooling-off” period is likely. With the weekly “buy signals” intact, the markets should hold above key support levels during the next consolidation phase.” It is wort...
April 16, 2021
2021-04-16 by Proactive Australia Corazon Mining Ltds (ASX:CZN) first phase 2021 drilling campaign at Lynn Lake Nickel-Copper-Cobalt Sulphide Project in Manitoba Province, Canada, has intersected favourable host rocks and extensive indications of magmatic nickel-copper sulphide mineralisation. The company completed three holes for a total of 1,482 metres, resulting in a successful first-pass test of a new target area west of the Fraser Lake Complex (FLC). Drilling has also confirmed MobileMTs ...