Richmond Minerals Inc. Announces Closing of Non-Brokered Private Placement - The Province

Richmond Minerals Inc. Announces Closing of Non-Brokered Private PlacementThe ProvinceEach FT Unit consisted of one common share in the capital stock of Richmond (“Common Share”) issued on a flow-through basis and a ½ Common Share purchase warrant (“FT Warrant”). Two FT Warrants entitle the holder to purchase one Common Share a … and more …read more … Continue reading

NeuroMetrix (NURO) Enters $7M Private Placement of Preferred Stock and Warrants - StreetInsider.com

NeuroMetrix (NURO) Enters $7M Private Placement of Preferred Stock and WarrantsStreetInsider.comThe Series E convertible preferred stock is only entitled to dividends in the event dividends are paid on the Company’s common stock and will not have any preferences over the Company’s common stock, including liquidation rights. The warrants will be … and more …read more … Continue reading

CORRECTION - Tauriga Sciences, Inc. Sells Majority Stake of Pilus Energy Subsidiary to Open Therapeutics LLC - Marketwired (press release)

CORRECTION – Tauriga Sciences, Inc. Sells Majority Stake of Pilus Energy Subsidiary to Open Therapeutics LLCMarketwired (press release)Specifically, and as defined below, Open Therapeutics directly owned warrants to purchase 28,917,647 shares of the Company’s common stock rather than 77,303,529. As such, only 23,134,118 warrants rather than 61,842,119 warrants were cancelled as … and more …read more … Continue reading

NeuroMetrix Announces $7.0 Million Private Placement of Preferred Stock and Warrants - Business Wire (press release)

NeuroMetrix Announces $7.0 Million Private Placement of Preferred Stock and WarrantsBusiness Wire (press release)The Series E convertible preferred stock is only entitled to dividends in the event dividends are paid on the Company’s common stock and will not have any preferences over the Company’s common stock, including liquidation rights. The warrants will be …XG closes stock offering, raises $10 millionSarasota Herald-Tribune all 2 news articles …read more … Continue reading

Gold: A Significant Rally Begins?

Gold: A Significant Rally Begins? Stewart Thomson email: stewart@gracelandupdates.com email: stewart@gracelandjuniors.com email: stewart@gutrader.com   Dec 27, 2016 Gold may be in the first stage of a significant rally. Please click here now. Double-click to enlarge. Gold has burst out of the short term down channel, and the recent action of the “smart money” commercial traders is very positive. Please click here now. This COT report for gold shows the commercial traders not only covering short positions in the latest reporting period, but also adding a nice number of longs! This is very encouraging news. Regardless, amateur gold enthusiasts need to buy dips and sell rallies, to mimic the smart money professional traders. On that note, please click here now.  Double-click to enlarge. Gold has already rallied about $25 from the $1125 area lows, and the commercial traders are almost certainly booking partial profits now. As the saying goes, the early bird gets the golden worm! I have been getting emails from some gold community investors who are worried that the Indian government is conducting a “war on gold”.To a degree, that’s true, but all governments tend to prefer debt and fiat to gold. Gold empowers citizens and debt and fiat money allow governments to present themselves as grandiose “people helpers”. Narendra Modi is India’s prime minister. In my professional opinion, he’s obsessed with turning India into what is really best described as a giant GDP growth factory. Individual freedom in India doesn’t seem very important to Modi. His focus is … Continue reading

Northern Dynasty WTs – One Of My Top Picks In 2016 – Up 1000% Plus

December 28, 2016 By: Dudley Pierce Baker http://CommonStockWarrants.com   2016 brought excitement back into the resource shares especially in the first 6 months of the year. Most recently gold, silver and shares have declined substantially but I was able to bank some great gains and hopefully my subscribers followed me into some of these situations. One position had I bought and still hold are the Northern Dynasty Warrants B. Northern Dynasty Minerals, NAK and TSX:NDM principal asset property is the Pebble Project in southwest Alaska, USA, an advanced-stage initiative to develop one of the world’s most important mineral resources. and has long been seen as a long term play on the price of gold. Others have recommended the shares including Doug Casey. Interestingly, another newsletter writer recommended sell the common shares in May 2016, too bad for them. Our view is to always buy stock warrants on companies which we like if their are stock warrants are trading. The B warrants began trading on June 10th, 2016 and were issued as part of a unit stock offering including one share and one stock warrant. Each warrant is exercisable at C$0.65 and with a 5 year life from issuance. Buying the stock warrants will always cost substantially less than the common shares and potentially deliver investors with upside leverage of better than 2 to 1 over the gains in the common shares. In my July 5, 2016 email to my Gold and Lifetime Subscribers, “….Second, in late trading yesterday, July 4th, I … Continue reading

Year-End Spinoff and Merger Updates

Money manager Adrian Day comments on Yamana Gold’s spinoff purchase rights and the American Capital/Ares Capital merger. Yamana Gold Inc. (YRI:TSX; AUY:NYSE; YAU:LSE) purchase rights have now ceased trading. Although some shareholders may have been able to salvage a few dollars from selling these—depending on how many shares of Yamana you owned—given the “difficulty” some custodians seemed to have had in getting the rights into a saleable form, as the price fell from 33 cents to under a penny, we won’t attribute any value to these, and thus leave our cost basis for Yamana unchanged. Shareholders of both American Capital Ltd. (ACAS:NASDAQ) and Ares Capital Corp. (ARCC:NASDAQ, 16.16) approved the long-awaited merger, expected now to close in January. Though there may be some volatility around Ares, the surviving entity, we are strong holders, and will look for an opportunity to add to positions, should it present itself. The strong short position in Ares—not unusual in an acquiring company—suggests the stock could be strong after the merger. Adrian Day, London-born and a graduate of the London School of Economics, heads the money management firm Adrian Day Asset Management, where he manages discretionary accounts in both global and resource areas. Day is also sub-adviser to the EuroPacific Gold Fund (EPGFX). His latest book is “Investing in Resources: How to Profit from the Outsized Potential and Avoid the Risks.” Want to read more Streetwise Report articles like this? Sign up for our free e-newsletter, and you’ll learn when new articles have been published. … Continue reading

These Resource Sectors Will Soar in 2017

A perfectly timed opportunity and a deep-value contrarian speculation are setting up in the resource sector, says Lior Gantz, editor of Wealth Research Group. There’s no doubt that zinc is currently the most attractive base metal investment out there—it’s almost a fairytale story. In fact, it will present the biggest opportunity in 2017. The natural resource sector is based on the most fundamental economic equation, supply and demand, and zinc is following a classic pattern that is truly the quintessential formation of a once-in-a-generation bull market. As resource legends begin to launch new companies in this industry, the window of opportunity will be opened for a few short months, and Wealth Research Group plans to help members capitalize. As seen in the chart, 2016 is proving to be a year in which we will see a severe supply deficit, and it will carry on into 2017. In 2016, zinc is the top-performing metal, and the reason is simple: stockpiles are ultra-low and two major mines have shut down. China is the biggest driver of demand for zinc. It consumes close to 50% of the world’s supply. The astounding mega-projects coming include bridges that will connect hundreds of millions of people, the cities that will house 20M–50 million citizens, and the train system that aims to connect to Turkey—these require an unbelievable amount of zinc. About 50% of all zinc is processed and applied as a coating to iron and steel to prevent rust. The problem is that between 2008 and … Continue reading