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TFSA Letter Stock List – Aug 24

MUSIC CLIP  FOR THIS WEEK

JACKIE BROWN

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NOTE: Not a recommendation to buy or sell stocks

The TFSA Letter Stock List is simply a list of stocks for TRADING IN a Tax Free Savings Account that could generate substantial capital gains. Stocks listed can be dropped or added back without notice depending on news flow and stock price changes. SOME STOCKS MAY BE SOLD IF STOCK RUNS UP BUT WILL REMAIN ON THE LIST IF THE STORY IS STILL GOOD AND THEY MAY BE BOUGHT BACK AGAIN  IF STOCK DROPS TO ATTRACTIVE PRICE. DO YOUR OWN DUE DILIGENCE

Information on the TFSA Letter Listed Stocks will be updated weekly

Daily updates or news will be made on Twitter – @LetterTfsa


Stocks  (Stock Price When Listed)   Current Stock Price   Update

Aftermath Silver – AAG ($.285) – $.81 – announced that it has entered into a binding Letter of Intent with SSR Mining Inc. to purchase 100% of the Berenguela silver-copper project located in Puno, Peru (“Berenguela”) through the purchase of 100% of SSRM’s shares in the Peruvian holding company Sociedad Minera Berenguela S.A. – Epithermal polymetallic carbonate-replacement deposit; total tenement package of 6,594 hectares; 50 km to Juliaca, and 204 km to Arequipa, both with daily flight connections to Lima; located 6 km from the town Santa Lucia, with rail access to the port of Matarani

NEWS

DEPARTURES CAPITAL COMMENTARY

SILVER RESOURCES/MARKET CAP

PROACTIVE INTERVIEW

COMPANY PRESENTATION

CHART

Adamera Minerals – ADZ ($.04) – $.12 – announced that deeper penetrating Induced Polarization (IP) on the Cooke Mountain Gold project in Washington State is underway. The survey was recommended by JV partner Hochschild Mining PLC (LON:HOC)  to preceed deeper drilling of high-grade gold targets/intercepts from Adamera’s previous drilling. The survey parameters for the IP survey have been tested on east-west and north-south lines over the former Overlook Gold Mine.  The survey demonstates that sulfide mineralization related to the deposit appears to extend below 200 metres depth.

NEWS

HRA COFFIN INTERVIEW

NEWS

COMPANY PRESENTATION

CHART

1911 Gold – AUMB ($.26) – $.78 – has processed 64,678 tonnes containing approximately 2,276 gold ounces, the average grade of tailings re-processed has been higher than planned, and the Company expects to produce between 4,500 ounces and 5,000 ounces during the 2020 operating season; exploration completed to date includes geological mapping, prospecting, outcrop stripping, channel sampling and surficial geochemistry, helping identify new drill targets for the Phase II exploration drilling program, currently planned for Q4 2020 and Q1 2021.

NEWS

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COMPANY PRESENTATION

CHART

Macdonald Mines – BMK ($.11) – $.10 – announced the grant, under the Company’s stock option plan, of 4,395,560 stock options to certain directors, officers and consultants of the Company. The options entitle the holders to purchase the same number of common shares of the Company at a price of $0.13 per share for a period of five years.

NEWS

STOCK PULSE INTERVIEW

NEWS

COMPANY PRESENTATION

CHART

Condor Resources – CN ($.165) – $.325 – announced that it has received written confirmation of their Declaración de Impacto Ambiental, or a “DIA”, from the Peruvian Ministry of Energy and Mines, for its Huiñac Punta high-grade silver polymetallic project. The DIA is the primary environmental permit required to allow drilling programs to proceed. The 100% owned Huiñac Punta high-grade silver polymetallic project covers an area of twenty sq kms and is located approximately 260 km north-northeast of Lima in the Department of Huanuco, Peru. Elevations at Huiñac Punta range from 3800m to 4400m. The Huiñac Punta project is within the eastern flank of the Mesozoic-aged carbonate-hosted polymetallic mineral belt in north-central Peru about 65 km south-east of the Antamina mine, and about 90 km east of the Company’s Soledad project.

NEWS

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QUINTON HENNIGH COMMENTS 

BROCHURE ON PUCAMAYO

CHART

Canada Nickel Company – CNC ($.51) – $1.73 – announced additional encouraging results from infill drilling on the Main Zone at its Crawford Nickel-Cobalt Sulphide project. “Our infill drilling program continues to deliver outstanding results.  The second higher grade resource area in the western end of the Main Zone identified in our previous infill release has been further confirmed by these new holes. These higher grade resource areas will be the initial focus of the mine plan in the Preliminary Economic Assessment currently underway and expected to be completed by year-end,” said Mark Selby, Chair and CEO of Canada Nickel. “We have now completed the final three in-fill holes for the resource update and we are currently drilling the follow up holes on the previously reported excellent PGM results from hole CR20-32 (three separate intersections including 2.6 g/t PGM over 7.5 metres) and will begin testing several other prospective geophysical nickel targets on the several kilometres of the Crawford structure which remain untested.”

NEWS

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NUKEM FINANCE COMMENTS

CRUX INTERVIEW

CBC RADIO INTERVIEW

COMPANY PRESENTATION

CHART

Dore Copper – DCMC ($.85) – $1.02 – announced that it has closed its previously announced “best efforts” brokered private placement, pursuant to which the Corporation sold an aggregate of 2,662,072 common shares in the capital of the Corporation that will qualify as “flow-through shares” for aggregate gross proceeds of C$3,121,476.64, including partial exercise of the agents’ option. The Flow-Through Shares were issued in two tranches with the first tranche consisting of 1,749,450 Flow-Through Shares issued to residents of Québec at a price of C$1.20 per Flow-Through Share for aggregate gross proceeds of C$2,099,340 and the second tranche consisting of 912,622 Flow-Through Shares issued to residents outside of Québec at a price of C$1.12 per Flow-Through Share for aggregate gross proceeds of C$1,022,136.64.

NEWS

RESOURCE STOCK DIGEST

NEWS

RED CLOUD SECURITIES

COMPANY PRESENTATION

CHART

Dios Exploration – DOS ($.095) – $.125 – reported signing an agreement with a private Australian company allowing the latter to acquire an interest in the 33 Carats-Bohier property  located along the Upper Eastmain River in the Otish Mountains region of Quebec, in James Bay Eeyou-Istchee. The buyer can earn a 70% interest in this property over a five-year period with payments of $ 220,000 and exploration work totaling $ 1,400,000. Once the 70% interest is obtained, the buyer can obtain an additional interest of 15% following the preparation by the buyer of a preliminary economic study of the property.

NEWS

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KAISER DISCOVERY WATCH

K2 PROJECT UPDATE

CHART

Dolly Varden – DV ($.275) – $1.00 – announced that it has closed its previously announced private placement of units of the Company pursuant to which the Company issued 14,084,500 Units at a price of $0.71 per Unit for aggregate gross proceeds of approximately $10,000,000. The Offering was led by Mackie Research Capital Corporation, as sole bookrunner, and Eventus Capital Corp. as co-lead agents.

NEWS

SOAR FINANCIAL INTERVIEW

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COMPANY PRESENTATION

CHART

Cartier Resources – ECR ($.15) – $.30 – announced that it has closed its previously announced private placement for aggregate gross proceeds of C$9,364,626. A total of 21,778,200 flow-through common shares of the Company at a price of C$0.43 per share, were issued. The Offering was completed through Paradigm Capital Inc.

VISUAL CAPITALIST

MINING STOCK DAILY INTERVIEW

NEWS

COMPANY PRESENTATION

CHART

Eloro Resources – ELO ($.37) – $1.27 – announced that its Bolivian subsidiary Minera Tupiza S.R.L. has completed the three (3) underground drill bays in the Huayra Kasa Mine required for the planned 3,500m underground diamond drilling program on its optioned Iska Iska Polymetallic Project in Potosi Department, southern Bolivia. The Company and contractor Empresa Minera Villegas S.R.L. have implemented safeguards to protect personnel from COVID-19. Minera Tupiza S.R.L. has received clearance from the Government of Bolivia for travel to Tupiza. Drilling will be carried out by Leduc Drilling S.R.L. and is expected to commence in early September.

NEWS

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CRUX INVESTOR

GOLDFINGER COMMENTARY

COMPANY PRESENTATION

CHART

European Cobalt – EUC (Australia)(A$.049) – A$.041 – announced that it has signed an exclusive option agreement to acquire 100% of the Edleston Gold Project located in Ontario, Canada. Managing Director, Mr Rob Jewson commented “The Edleston Gold Project is an advanced exploration opportunity with particularly exciting exploration upside potential. The work done to date has outlined a significant mineralised system which can be effectively targeted using IP geophysics. To date only 540m of strike has been tested along a corridor with multiple moderate to strong IP conductors delineated along a total strike exceeding 3,300m. The extent of these anomalies at present are constrained by the extent of the IP surveys.” In excess of CDN$10M has been spent to date on primarily geophysical and drilling activities across the Edleston Project by 55 North Mining Inc (formerly SGX Resources Inc). Due to the lack of outcrop at surface, exploration has largely been driven by a combination of detailed magnetics to define the structural and lithological framework.

NEWS

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CHART

FenixOro Gold – FENX ($.245) – $.54 – announced that it has received additional results from a program of soil sampling at its Abriaqui Project in Antioquia State, Colombia. As previously reported, FenixOro has discovered three significant gold mineralization types at Abriaqui. The primary target is a sequence of more than 80 high grade, “Buritica style” mesothermal veins outcropping over 800 vertical meters with areas of intervening lower grade stockwork mineralization.

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COMPANY PRESENTATION

CHART

Golden Goliath – GNG ($ .06) – $.215 – announced that The Induced Polarization survey on its Kwai property is now completed. The data has been interpreted by RS Middleton P.Eng and plotted along with the locations of gold grains found in basal till. Induced Polarization (IP) and resistivity surveys have been completed on 40 lines covering the 10 km long Kwai property 100% held by Golden Goliath and located 8000 m south of the Great Bear (GBR) Dixie property. The Kwai property covers a parallel major crustal structure defined by Federal Government seismic surveys which is linked to the LP fault on the Dixie property at depth and other major faults related to the major Gold producers in Red Lake. Supplemental airborne VLF EM and magnetic surveys and geological mapping has established that the major crustal structure known as the Pakwash Fault traverses the length of the property and at least four other related shears and faults are recognized in the data.

NEWS

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DEPARTURES CAPITAL INTERVIEW

JOHN KAISER COMMENTS

COMPANY PRESENTATION

CHART

Angus Ventures – GUS ($.32) – $.65 – announced that it has entered into an asset purchase agreement pursuant to which the Company will acquire 17 claims in the Mishibishu Greenstone Belt, Ontario. Under the terms of the Agreement, the vendor of the Claims will receive a cash payment of $50,000 and will be issued 225,000 common shares of Angus in exchange for 100% ownership in the Claims. The Vendor will maintain a 2% net smelter return royalty on production from the Claims, 50% of which can be purchased by the Company for $500,000.

NEWS

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MAP OF LAND PACKAGE

CHART

Kalamazoo – KZR (Australia) – (A$.79) – A$.695 – advises that it has been granted Exploration Licence EL007112 adjoining the Company’s Castlemaine Gold Project in the Bendigo Zone of Central Victoria. The Castlemaine Gold Project now comprises three tenures, EL006679 (“Wattle Gully”, ~70km2), EL006752 (“Wattle Gully South”, 218km2) and EL007112 (“Queens”, ~22km2) for a total area of 310km2. Like the rest of the Castlemaine Gold Project this new exploration licence area is considered under-explored as it has not been subjected to modern exploration in recent years and has had only received limited shallow drilling.

NEWS

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SMALL CAPS INTERVIEW

COMPANY PRESENTATION

CHART

Metals X – MLX (Australia) – (A$.076) – A$.083 – announced it has met guidance with production of 7,182 tonnes of tin-in-concentrate for financial year 2019/20 from the Renison Tin Operation (Renison) in Tasmania (guidance was 7,100 – 7,300 tonnes of tin). Renison is 50%-owned by Metals X through the Bluestone Mines Tasmania Joint Venture; production of 7,182 tonnes of tin-in-concentrate (prior year 7,124 tonnes); ore mined 848,906 tonnes at 1.18% Sn (prior year 797,979 tonnes at 1.21% Sn); overall recovery 71.7% Sn (prior year 70.9% Sn3) *Approximate cash price of tin currently AUS$24,618/t

NEWS

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BROKER REPORT

PAYDIRT TV INTERVIEW

COMPANY PRESENTATION

CHART

NorthIsle Copper and Gold – NCX (.12) – announced that as a result of the COVID-19 pandemic, NorthIsle experienced delays in the completion of its audited year end financials (now available on SEDAR) and a corresponding delay in the preparation of its first quarter financials and Management Discussion and Analysis. In response to similar issues experienced by other businesses, the Canadian Securities Administrators granted blanket relief for all market participants, providing up to a 45-day extension for periodic filings normally required to be made on or before May 30, 2020.

NEWS

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COMPANY PRESENTATION

CHART

Precipitate Gold – PRG ($.125) – $.285 – announce results of the first phase surface soil and rock geochemical sampling conducted at the Copey Hill epithermal gold target of the Company’s 100% owned Ponton Project located approximately 25 kilometres (“km”) due east of Barrick’s Pueblo Viejo mining operation and the Company’s Pueblo Grande project in the Dominican Republic; the highlight rock sample returned 53.0 grams per tonne (“g/t”) gold and 43.0 g/t silver from an outcropping 0.4 metre (“m”) wide quartz vein; expansion of the Copey Hill anomaly 100m to the east for a total overall footprint of 1,300m by 1,000m; delineation of two distinct gold-in-soil anomalies within the Copey Hill Zone; measuring 1,000m by 500m, and 900m by 200m respectively.

NEWS

GOLD STOCK TRADES INTERVIEW

INTERVIEW

COMPANY PRESENTATION

CHART

Quebec Precious Metals – QPM ($.25) – $.25 – reported the results of an induced polarization geophysical survey conducted this summer to the southwest of the La Pointe Extension discovery on the 100% owned Sakami Project in Quebec’s Eeyou Istchee James Bay territory in Quebec

NEWS

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SOAR FINANCIAL INTERVIEW

COMPANY PRESENTATION

CHART

Rockcliff – RCLF ($.07) – $.115 – announced that a 1,400 metre, 4-6 hole drill program will begin in approximately two weeks on its recently discovered high-grade TGR Nickel-PGE (Platinum Group Elements) Prospect located on its 100% owned Tower Property. Additional PGE assay results for TGR were recently received and returned significant rhodium (Rh) as well as ruthenium (Ru), iridium (Ir) and osmium (Os) results. As a result, the NiEq grade across a down hole interval of 2.40 metes increased from 3.82% to 4.93% including 1.25 metres with a NiEq grade increase from 6.79% to 8.84%.

NEWS

NEWS

THE MARKET HERALD

COMPANY PRESENTATION

CHART

RJK Explorations – RJX.A ($.19) – $.16 – announced that 7 natural micro diamonds, varying in colour from clear to white have been recovered from the 277 kg (611 lb) drill core sample from the KON 1 target drilled earlier this year. Three of the diamonds were chips with a greenish tinge and the other four are white diamond chips and macles. The chips are generally flat with one being triangular shaped, possibly a broken fragment from a larger stone. There are no inclusions in the diamonds recovered. Due to the diamond and indicator mineral results, RJK has plans for follow-up drilling on KON 1, using a drill capable of large diameter coring. The objectives will be to establish the 3D pipe geometry, the geology of the structure and correlate the kimberlite phases to optimize the micro diamond sampling by discrete phases.

NEWS

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GOLDFINGER ARTICLE

https://www.rjkexplorations.com/paradis-pond-22-4-kg-drill-core-sample-report/

NEWS

COMMENTARY

CHART

Royal Road Minerals – RYR ($.39) – announced the appointment of Liz Wall to the role of Executive Director Sustainability. Liz has been a Director of Royal Road Minerals since May 2019. In her previous role as Director, Liz maintained crucial oversight of the Company’s policies relating to its sustainability commitments in both Colombia and Nicaragua.

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COMPANY PRESENTATION

CHART

Scottie Resources – SCOT ($.185) – $.42 – announced the addition of a second drill rig on its 100% owned Scottie Gold Project. The second drill rig will increase the amount of drilling by 40%, an additional 2,000 metres to the follow up drill campaign. Scottie is now targeting a total of 7,000 metres of drilling during the 2020 summer field season.

NEWS

SNN INTERVIEW

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COMPANY PRESENTATION

CHART

Superior Gold – SGI ($.61) – $.86 – announced its financial and operating results for the second quarter 2020. This release should be read in conjunction with the Company’s Management Discussion and Analysis and consolidated financial statements for the quarter ended June 30, 2020 – produced 15,177 ounces of gold, down 7% from the first quarter of 2020 and down 36% from the comparable period in 2019; sold 15,536 ounces of gold at total cash costs of $1,426 per ounce sold and all-in sustaining costs of $1,547 per ounce sold which were below the record realized gold price of $1,608 per ounce sold; operating cash flow before working capital changes of $0.6 million and after the repayment of $1.9 million under the gold loan; net loss for the period of $0.00 per share and adjusted net loss of $0.01 per share; ended the second quarter with $15.6 million in cash

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COMPANY PRESENTATION

CHART

Spruce Ridge – SHL ($.06) – .07 – is planning to immediately commence a 3,000 metre program of infill diamond drilling on the Great Burnt Copper Deposit in central Newfoundland. The program is intended to firm up the Indicated and Inferred Mineral Resource estimate on the deposit. Previous infill drilling campaigns on the Great Burnt Copper Deposit in 2016 and 2018 resulted in an increase in the Inferred Mineral Resource from 382,000 tonnes of 2.68% Cu to 550,000 tonnes of 2.66% Cu (a 41 percent increase in contained copper from 23.0 to 32.3 million pounds). Following the completion of the acquisition of the Crawford Nickel property by Canada Nickel Company (TSX-V: CNC) from Spruce Ridge and Noble Mineral Exploration Ltd. (TSX-V: NOB), Spruce Ridge retained ground which includes a number of geophysically defined targets with potential for volcanogenic massive sulphide (VMS) and gold mineralization Cu).

NEWS

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GREAT BURNT

CHART

Sun Metals – SUNM ($.225) – $.21 – announced a new Exploration Agreement for Stardust, a project located within the traditional lands of Takla in northcentral B.C. To date, nine diamond drill holes have been completed and 1,397 drill core samples have been shipped to the lab. In total, 6,439 metres of drilling have been achieved during the 2020 drill campaign at Stardust. Completed holes targeted: the highly prospective and shallower southern up-plunge extension of the zone near hole 453; hole 455 which was not finished during the 2019 campaign and focuses on the northern down-plunge extents of the zone; vertically below the 421 zone exploring for a vertical feeder component to the mineralization. Three diamond drill rigs remain onsite and are actively drilling.

NEWS

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VIDEO

VIDEO

COMPANY PRESENTATION

CHART

**TAG Oil – TAO ($.05) – $.12 – provided the following corporate update: Further to TAG’s release dated June 29, 2020, the Company expects that its annual filings for the fiscal year ending March 31, 2020 will be filed on or around August 13, 2020; TAG’s current cash balance stands at ~C$15 million, with working capital at ~C$14.8 million; TAG has received a total of C$0.45 million in royalty payments from Tamarind Resources Pte. Ltd. (“Tamarind”), which will increase by C$132,000 upon receipt of the next completed quarterly payment for the period ended June 30, 2020. Future royalty payments will continue to be paid on a quarterly basis; TAG has received a total of US$0.5 million in event specific milestone payments from Tamarind and expects to receive a US$1 million milestone payment from the recent achievement of 650 mboe of cumulative production from Cheal after October 1, 2018. Up to US$3.5 million in future event specific payments will remain payable on Tamarind achieving certain milestones; TAG’s operations over its three 100% controlled blocks (PL17, ATP 2037 and ATP 2038) covering over 275,000 acres in the Surat Basin of Australia are ongoing. Production at PL17 has been temporarily shut-in due to COVID-19 precautionary measures, but production is expected to be fully back online in the near term. TAG is also continuing to explore strategic partnerships and opportunities for the Australian assets and discussions with interested parties are ongoing.

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COMPANY PRESENTATION

CHART

American Pacific  Mining – USGD ($.155) – $.29 – announced that, through its wholly owned subsidiary, American Pacific Mining (US) Inc., it has entered into an earn-in and option to form joint venture agreement in respect of the Company’ Tuscarora Gold Project with Elko Sun Mining Corp., a private British Columbia Company. Warwick Smith, CEO of the Company, commented: “Tuscarora is a high-grade epithermal system that has produced some great results previously so we are pleased to see it receive more exploration in the coming months. This is another strong transaction for American Pacific shareholders that will create value via exploration without us having to use our own treasury.”

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MIF PRESENTATION

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COMPANY PRESENTATION

CHART

VR Resources – VRR ($.35) – $.325 – announced that it has successfully closed the recently announced Acquisition Agreement for the Reveille silver property in Nevada and plans to commence exploration on the ground immediately. VR has been evaluating the Reveille property in the field for nearly two years. It covers an historic primary silver camp that dates back to the 1870’s, but lacks any modern exploration or drilling. The following photos and maps are from various field visits, and the integration of private exploration data into our regional database developed during the past 5 years for our epithermal gold exploration in the Big Ten caldera nearby to the northwest

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PROACTIVE INTERVIEW

COMPANY PRESENTATION

CHART

Zephyr Minerals – ZFR ($.24) – $1.01 – announced that further to the news release of 20 August, 2020, the slower than anticipated progress on its drill program at El Plomo , Dawson-Green Mountain property, Colorado was due to rig break downs and slow drilling due to broken ground conditions. Loren Komperdo, President and CEO, stated “This is the first deep drill hole in this area of the Dawson-Green Mountain property and as such drilling conditions are unpredictable. While the slow progress is unfortunate, we do not foresee any issue with achieving our ultimate targeted drill hole depth of between 457 m and 609 m (1,500 ft – 2,000 ft). The drill hole is currently at a depth of 263 m (862 ft).”

NEWS

DISCOVERY WATCH – KAISER

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INTERVIEW

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COMPANY PRESENTATION

CHART

Group Eleven – ZNG ($.05) – $.10 – announced the closing of its non-brokered private placement, initially announced on July 9, 2020 and subsequently increased on July 21, 2020, for total proceeds of $1,550,000 for the issuance 25,833,333 units at a price of $0.06 per unit. All currency is denominated in Canadian dollars. Pursuant to its existing rights to maintain a pro rata position in the Company, Glencore Canada Corporation has entered into a subscription agreement with the Company where it has subscribed for 6,825,900 units of the Offering, for gross proceeds of $409,554.

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PROACTIVE INTERVIEW

COMPANY PRESENTATION

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——————————————————————————————–

OIL & GAS STOCKS

ALL HAVE BEEN Severely depressed, wHICH ONES WILL RECOVER?

Stock – (Price When Listed) – Current Stock Price – Dividend Yld

Birchcliff Energy – BIR  ($2.32) – $1.61       1.24% DIV

News   News       Interview   Company Presentation    Chart

KELT EXPLORATIONS – KEL ($1.82) – $1.63

News    News    News     Company AIF   Chart

MEG ENERGY – MEG ($4.06) – $3.75

News      News           Company Presentation    Chart

NUVISTA ENERGY – NVA ($2.31) – $.86

News   News     Raymond James    Company Presentation    Chart

TAMARACK VALLEY – TVE ($.96) – $.94

News    News     News      Company Presentation    Chart

TORQ OIL & GAS – TOG ($4.49) – $1.83

News    News      TD Report     Company Presentation   Chart

WHITECAP RESOURCES – WCP ($5.55) – $2.50     6.84% Div

News   News   News       TD Report     Company Presentation    Chart  

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