Only four new mining listings on the TSX Venture Exchange in February

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   Market news

There were 16 new listings on the Toronto Venture Exchange during February 2020, and only 4 were mining companies.

There were 6 capital pool companies, 3 technology firms, with only one involved in blockchain.  There were no new cannabis companies at all, quite a change from a year ago.

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Market news

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There were 16 new listings on the Toronto venture Exchange during February 2020, and only four were mining companies.

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There were 6 capital pool companies, 3 technology firms, and only one involve in blockchain.  There were no cannabis companies at all, quite a change from a year ago.

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The four new mining companies were;

  • Canada Nickel Company (CNC.V)
  • Eclipse Gold Mining (EGLD.V)
  • Blue Thunder Mining (BLUE.V)
  • Caldas Gold Corp.  (CGC.V)

 

Canada Nickel – Has been spun out of RNC Minerals, which is now wholly focused on their high grade gold project near Kalgoorlie in Western Australia.

 

Mark Selby, who previously ran the forerunner to RNC, Royal Nickel, has moved across to become CEO of the newly formed company, effectively returning to the project he was previously developing.

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Selby is an experienced CEO, and has built a solid management team around him.

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The market cap of CNC is CAD$26 million.