Gold Report: Micro-caps cultivating value creation
Nevada King Gold (TSXV:NKG), market capitalization C$64.67 million, more than doubles measured and indicated resources to 1,019,600 ounces at its Atlanta gold mine project near Las Vegas, located within the prolific Battle Mountain trend.
Click here for the full story. By the ounce
At the time of writing on Tuesday, the price of gold was US$3,368, down from US$3,377.70 per ounce in our June 4 report, according to data from The Globe and Mail, as global markets brace for the outcome of ongoing U.S.-China trade talks in London. This week in gold
Japan Gold (TSXV:JG), market cap C$25.10 million, launches the second 2025 drill program under its alliance with Barrick Mining (TSX:ABX) at the Ebino project in the southern Japanese island of Kyushu. The program will test targets in the Hokusatsu district, which has produced more than 13 million ounces of gold to date.
In the newest edition of Stockhouse's Weekly Market Movers, read about Chesapeake Gold (TSXV:CKG) and Tectonic Metals (TSXV:TECT), two micro-cap gold stocks equipped to deliver leverage beyond the gold price.
Yields are rising and with them gold and silver, attracting investors off the sidelines to capitalize on the prospectivity of strategic mining stocks across the project life-cycle. Read about why you might consider Globex Mining (TSX:GMX), market cap C$77.41 million, which owns more than 250 mineral concessions in Canada focused on gold and critical metals, positioning it to benefit from deal flow as gold prices hover around the all-time-high. Top trending gold stocks
Join the discussion: Find out what everybody's saying about the micro-cap stocks in this week's gold report on Stockhouse's stock forums and message boards.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
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Globe and Mail
10 hours ago
- Globe and Mail
CanadaBis Capital With its wholly owned Sub. (STIGMA GROW) Announces Record Revenue Q1 F2025 Resulting in $9.6M Gross with $321,569 in NET Earnings and an Adjusted EBITDA of $675,892
CALGARY, AB , Dec. 31, 2024 /CNW/ - CanadaBis Capital (the "Company" or "CanadaBis Capital") (TSXV: CANB.V) a premium cannabis and concentrates producer, is pleased to announce its First Quarter Fiscal 2025 financial results for the three month period ending October 31, 2024 . "Our Brands continue to deliver products that are in demand, and our dedication towards our quality continue to prove our strength in the market.", said Travis McIntyre , CEO of CanadaBis. "While we continue to focus on profitability, we are delighted to be able to post yet another record quarter of revenue. Our product launch momentum also continues to accelerate with Multiple new products launched this quarter. We exit Q1 F2025 with our most aggressive and innovate pipeline of new products in the Company's history. Financial Highlights The Company realized its Record gross revenue of $9.6 million for October 31, 2024 , and 7% higher than the same corresponding period of 2023. The Company achieved positive net income of $321,569 for the three months ended October 31, 2024 . The Company continues to market its Resin Infused Pre-rolls, Shatter Infused Pre-rolls, Resin Infused Flower, along with Moonrocks (Moonrocks are whole flower, coated in resin and rolled in kief). The Company was able to maintain sales of its newest product line, Super Slim Cigarette Style Pre-Rolls, the Electric Dartz. These new products were packaged in 10 packs 0.4 grams per roll both infused and non infused. Adjusted EBITDA also showed positive earnings with $675,892 for the three months Stigma Grow's deep innovation sales pipeline is showcased by the consistent launch of new SKU's and new products driven by customer demand. The Company sold over 570,000 units of combined concentrate and dry flower for the three months ended October 31, 2024 , a 4% increase compared to the 550,000 units sold over the corresponding period in 2024. The Company continues to manage its input expenses through negotiation with multiple suppliers to save costs while increasing concentrate yields. The Company is in the process of shipping its first international sales to Europe . The expectation is that this would be the next significant phase of the Company's mission in growth and new geographic area of existing revenue stream for Cultivation and Wholesale. Stigma Grow also continues to re-formulate its concentrate lines to meet current clients' demands to maintain larger terpene and cannabinoid profiles across the lineup. Negotiations with other Cannabis Cultivators are ongoing by the Company which has allowed significant reduction in costs, a trend that is expected to continue through 2025 as more Cultivators reposition themselves in the industry The Company announced the launch of the latest addition to the Dab Bods brand lineup – a groundbreaking 60%+ double-infused pre-roll. This new offering sets a new benchmark for THC potency in the Canadian market. Dab bods Brand continues to grow with the demand across Cananda and is will be launching 2 new exciting products in the DAB N DIPS and the CANADAS 1st DAB N GO both products will revolutionize the way cannabis is consumed by offering discreet usage. QUARTERLY HIGHLIGHTS • Adjusted EBITDA is a Non-GAAP performance measure. Refer to "Cautionary Statement Regarding Certain Non-GAAP Performance Measures" for further details. Presenting Adjusted EBITDA only for the three and six months ended October 31, 2024. EBITDA calculation shown by entity to present the breakdown of each entity. General Overall gross revenues for the period ended October 31, 2024 increased to $9.6 million from $9.0 million in the corresponding period of 2024. This increase was due to continued growth and demand from new and existing SKUs launched under the Dab Bod Brands and the industry's demand for new innovative products such as the +60s Pre-rolls and our famous milled flower and Dartz . Net revenue of $5.1 million compared to $5.7 million for the corresponding period of 2024 or 11.74% decrease. Net Revenue for Q1 2025 of $5.1 million increased over Q4 2024 of $3.9 million by $1.2 million or 31%. The Company has experienced growth in the existing Provinces due to both new launches and the performance of existing products. The Company has released several versions of the new cigarette style pre-roll in infused and non-infused as well as the new " Dap N Go" that has been well received in the concentrate space. The Province of Manitoba has seen higher increases from our new and existing products. See Segmented Reporting section to this MD&A, for a more detailed discussion. The Company was able to initiate more cost savings initiatives during Q1 2025, through cost savings by renegotiating input material pricing while also implementing new procedures in its production lines to cut and manage operational costs. Management is of the expectation that these new initiatives will be realized throughout 2025. Given the Company's position as a vertically integrated Cannabis company/producer, management will continue to adjust internal strategy based on external factors causing fluctuations in either selling prices of products/services and input cost of products and services to ensure capacity allocation is being optimized on products/services in highest demand, while ensuring mandated gross profit margins are being achieved. Management notes that the current climate of Cannabis industry is extremely competitive and saturated with multiple products across the Nation. The Company has several competitive advantages to ensure long-term success within the industry. In the short-term, this relates primarily with respect to our butane hydrocarbon (BHO) extraction process. Management continues to explore various concentrate products to diversify it offer to the market by formulating new products to meet demand. About CanadaBis Capital Inc. CanadaBis Capital Inc. ( TSXV:CANB ) is a vertically integrated Canadian cannabis company focused on achieving large-scale growth in the global cannabis market – with specific attention paid to supplying the fast-emerging concentrates category through their Stigma Grow cultivation and BHO extraction facility. Subsidiaries: Stigma Pharmaceuticals Inc. – 100% held; 1998643 Alberta Ltd. (operating as "Stigma Grow") - 100% held; include cultivation and wholesale, extraction and tolling Full Spectrum Labs Ltd. (operating as "Stigma Roots") - 100% held; 2103157 Alberta Ltd. (operating as "INDICAtive Collection") -100% held; the retail operation, and Goldstream Cannabis Inc. - 95% held. Acting as the cornerstone for everything they offer, Stigma Grow continuously strives to address the market demands and lingering stigmas within the legal cannabis industry head-on, with products designed to disturb the status quo and dramatically shift the conversation surrounding Canada's legal cannabis industry. For more information on CanadaBis Capital or Stigma Grow visit: CAUTIONARY STATEMENT Non-GAAP Measures This news release contains the financial performance metric of Adjusted EBITDA, a measure that is not recognized or defined under IFRS (a "Non-GAAP Measure"). As a result, this data may not be comparable to data presented by other cannabis companies. For an explanation and reconciliation of Adjusted EBITDA to related comparable financial information presented in the Financial Statements prepared in accordance with IFRS, refer to the MD&A for the three and six months ended Oct 31, 2024. The Company believes that Adjusted EBITDA is a useful indicator of operational performance and is specifically used by management to assess the financial and operational performance of the Company. Adjusted EBITDA is a measure of the Company's financial performance. It is intended to provide a proxy for the Company's operating cash flow and is widely used by industry analysts to compare CanadaBis to its competitors and derive expectations of future financial performance of the Company. Adjusted EBITDA increases comparability between comparative companies by eliminating variability resulting from differences in capital structures, management decisions related to resource allocation, and the impact of fair value adjustments on biological assets, inventory, and financial instruments, which may be volatile on a period-to-period basis. Adjusted EBTIDA is not a recognized, defined, or standardized measure under IFRS. The Company calculates Adjusted EBITDA as net income (loss) and comprehensive income (loss) excluding changes in fair value of biological assets, change in fair value of biological assets realized through inventory sold, depreciation and amortization expense, share-based payments, and finance costs. REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements include but are not limited to statements with respect to our business and operations; timing of the Sundial products coming to market; the demand and market for live-resin vape cartridges, and our general business plans. Forward-looking statements are necessarily based upon a number of assumptions including: the ability of the Company's products to compete with the pricing and product availability on the black-market; the market demand for the Company's products; and assumptions concerning the Company's competitive advantages. These assumptions, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: compliance with extensive government regulation, the general business, economic, competitive, political and social uncertainties; ability to sustain or create a demand for a product; requirement for further capital; delay or failure to receive board, shareholder or regulatory approvals; the results of operations and such other matters as set out in the Company's continuous disclosure on SEDAR at There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects management's expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although we believe that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have a material adverse effect on our future results, performance or achievements. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.
Winnipeg Free Press
11 hours ago
- Winnipeg Free Press
Japan and South Korea mark 60 years of ties despite lingering tension and political uncertainty
TOKYO (AP) — Japan and South Korea are marking the 60th anniversary of the normalization of their diplomatic relations Sunday. The two Asian powers, rivals and neighbors, have often had little to celebrate, much of their rancor linked to Japan's brutal colonial rule of Korea in the early 20th century. Things have gotten better in recent years, but both nations — each a strong ally of the United States — now face political uncertainty and a growing unease about the future of their ties. Here's a look at one of Northeast Asia's most crucial relationships, from both capitals, by two correspondents from The Associated Press. The view from Seoul, by Kim Tong-hyung South Korea's new liberal president, Lee Jae Myung, is determined to break sharply from the policies of his disgraced predecessor, Yoon Suk Yeol, who now faces a trial on charges of leading an insurrection over his imposition of martial law in December. Relations with Japan, however, are one area where Lee, who describes himself as a pragmatist in foreign policy, may find himself cautiously building on Yoon's approach. Before his removal from office in April, the conservative former president tried to repair relations with Japan. Yoon wanted to also tighten the countries' three-way security cooperation with Washington to counter North Korean nuclear threats. In 2023, Yoon announced a South Korea-funded compensation plan for colonial-era forced laborers. That decision caused a strong backlash from victims and their supporters, who had demanded direct payments from Japanese companies and a fresh apology from Tokyo. Yoon's outreach boosted tourism and business ties, but there's still lingering resentment in South Korea that Japan failed to reciprocate Seoul's diplomatic concession by addressing historical grievances more sincerely. While advocating for pragmatism and problem-solving in foreign policy, Lee has also long criticized Japan for allegedly clinging to its imperialist past and blamed that for hurting cooperation between the countries. Some experts say the stability of the countries' improved ties could soon be tested, possibly around the Aug. 15 anniversary of Korea's liberation from Japanese colonial rule at the end of World War II, when Lee is expected to publicly address the nation's painful history with Japan. Some in Seoul want Japanese Prime Minister Shigeru Ishiba to mark the anniversary with a stronger statement of remorse over Japan's wartime past to put bilateral ties on firmer ground. While wartime history will always linger in the background of Seoul-Tokyo relations, Lee and Ishiba may face a more immediate concern: U.S. President Donald Trump's rising tariffs and other America-first trade policies. South Korea's Hankyoreh newspaper in an editorial this week called for South Korea and Japan to 'collaborate immediately' on a joint response to Trump's policies, arguing that the proposed U.S. tariffs on automobiles pose similar threats to both countries' trade-dependent economies. The view from Tokyo, by Mari Yamaguchi Ishiba, eager to improve ties with Seoul, has acknowledged Japan's wartime aggression and has shown more empathy to Asian victims than his recent predecessors. His first encounter with Lee seemed positive, despite worries in Japan about South Korea's stance under a liberal leader known for attacks on Japan's wartime past. Lee, in that meeting with Ishiba at the G7, likened the two countries to 'neighbors sharing the same front yard' and called for building a future-oriented relationship that moves beyond their 'small differences and disagreements.' Ishiba and Lee agreed to closely communicate and to cooperate on a range of issues, including North Korea's nuclear and missile development. Under a 1965 normalization treaty, Japan provided $500 million in economic assistance to South Korea, saying all wartime compensation issues were settled. However, historical issues including forced labor and sexual abuse of Korean women during the war have disrupted ties over the decades, while South Korea has become an Asian power and a rival to Japan, and while Tokyo, especially during the late Prime Minister Shinzo Abe 's rule, has promoted revisionist views. Japan has since offered atonement money twice for the so-called 'comfort women,' an earlier semi-private fund and a second one unilaterally dissolved by former South Korean President Moon Jae-in's liberal government. Things have improved in recent years, and Japan is watching to see whether Lee sticks with his conservative predecessor's more conciliatory diplomacy or returns to the confrontation that marked previous liberal governments. Cooperation between the two sides is 'more essential than ever' to overcome their shared problems such as worsening regional security and Trump's tariffs that have shaken free trade systems, Japan's largest-circulation newspaper Yomiuri said in a recent editorial. At a 60th anniversary reception in Tokyo, Ishiba said that he sees 'a bright future' in the relationship. He expressed hope also for cooperation in 'common challenges' such as low birth rates and declining populations. ___ Kim reported from Seoul, South Korea.
Calgary Herald
19 hours ago
- Calgary Herald
Logan Landing officially launches with new show homes
After a successful soft launch in late 2024, developer Genesis Land has officially cut the ribbon on Logan Landing, a new community on the banks of the Bow River in southeast Calgary. Article content The 350-acre community is east of Deerfoot Trail and south of 212th Avenue S.E., situated between the amenity-rich Seton neighbourhood and an expansive patch of untouched riverside wilderness. That means shopping, restaurants, schools, indoor recreation and a hospital is available to the north while to the south, there's just natural paradise. Article content Article content Article content Cedarglen Homes, Partners Homes, Sterling Homes and Genesis Builders Group opened single-family show homes in December, with the latter adding street town show homes this spring. Paved pathways and lush landscaping around a storm pond in The Ridge, the first phase of development, are in place and in the future will connect to future phases called The Bench and The Valley. There are two environmental reserves that will keep the natural area along Southern Alberta's most natural resource intact, which includes habitat for bird species like the great blue heron, for generations to come. Article content Article content In the months since the show homes opened in Logan Landing, Genesis Builders Group received a prestigious BILD Calgary Region award for the parade's Mateo model, which won Best Single Family Home in the $741,000 to $840,999 category (price excludes land value). Genesis design manager Cindy Ross and her team styled the 2,397-square foot, three-bedroom, 2.5 bathroom home following Japandi design conventions. The Japandi trend is all about natural fabric and calming colours, meshing Japanese minimalism and Scandinavian coziness. Article content 'This home is light and natural in tone with wood and linens. The furniture is lower in this style, so you can better see out the windows. You can see Japandi in the artwork, the bamboo and in the plaster on the fireplace. The fireplace doesn't go all the way up the wall like many do and the lights are suspended lower. I actually think this fireplace won us the award,' Ross says with a smile. Article content The floor plan on the main floor has a secluded foyer at the front door, a mudroom with extra cubbies and a pantry with upgraded MDF rather than standard wire shelving. Architectural details include arched doorways, a 1990s trend that everyone wants again, Ross says. Article content Upstairs, there's a pony wall between the open-to-below and the bonus room for a touch of privacy and a tray ceiling adds visual interest to the primary bedroom. Article content Phases 1 and 2 of Logan Landing also include laned and duplex homes with options for secondary suites available in most models. Prices in the community start in the low to mid-$500,000s. Article content Every new community has distinct selling features and for Genesis, the location on the Bow is the most important. The developer has passed or exceeded all the prerequisites for building safely and in harmony with the environment. To compensate for the inevitable ground disturbance that comes with community building, and in collaboration with the Alberta Native Plant Rescue Society, Genesis is gifting native seeds to new homeowners as encouragement to restore prairie plants in their yards.
