01:23:20 EDT Thu 03 Apr 2025
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save

Diamond & Specialty Minerals Summary for April 1, 2025

2025-04-01 17:52 ET - Market Summary

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 Tuesday was a mediocre 62-86-162 as the TSX Venture Exchange fell two points to 626. Hallelujah! It is finally complete: The former Golden Share Resources Corp., which recently wrapped up its two-year quest to complete its reverse takeover of the private Brazil-based Lipari Diamond Mines Ltd., made its debut on the Chicago Board Options Exchange (CBOE) in Canada on Monday.

Golden Share Resources last traded at four cents in early 2023, while what is now officially Ken Johnson's Lipari Mining Ltd. (LML) ended its first two days trading just 18 shares -- the last three at 55 cents. Remember that as a part of the transaction, Golden Share rolled back its old shares 1:10 and then Lipari's shareholders got 2.22 consolidated shares for each of theirs. That included the buyers of 3.62 million Lipari shares who paid $1 (U.S.) apiece in a concurrent private placement, so those new backers essentially paid 61 cents for each share of the now public Lipari.

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS

© 2025 Canjex Publishing Ltd. All rights reserved.


Reader Comments - Comments are open to paying subscribers of Stockwatch and unmoderated, although libelous remarks, obscene language and impersonations may be deleted. Opinions expressed do not necessarily reflect the views of Stockwatch.
For information regarding Canadian libel law, please view the University of Ottawa's FAQ regarding Defamation and SLAPPs.