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 Will Purcell
The diamond and specialty minerals stocks box score for Monday was an 84-84-142 draw as the TSX Venture Exchange rose four points to 556. Zen Huang and Wes Roberts's (and Ken Johnson's, the market hopes) Golden Share Resources Inc. (GSH: $0.045) sits halted pending completion of its reverse takeover of Mr. Johnson's Brazil-based Lipari Diamond Mines Ltd. What will be a going public transaction for Lipari and a new lease on life for Golden Share has been approved by all but the regulators.
In mid-October, Mr. Roberts, the caretaker over at Golden Share, said that the two parties were making good progress with the paperwork needed to complete the transaction, promising "further updates as they come available." Just to be sure, Golden Share and Lipari "extended the outside date for completion of the reverse takeover to March 31, 2024." No updates have come available apparently, as Mr. Roberts and Mr. Johnson have been as quiet as a field mouse under the gaze of a hungry hawk since then.
The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS
© 2024 Canjex Publishing Ltd. All rights reserved.