EXCLUSIVE: Is iAnthus Capital Considering A Management Buyout Offer?
It appears that one of the strategic alternatives that iAnthus Capital Holdings (CSE: IAN) is considering for shareholders may be that of a potential management buyout offer. The Deep Dive has obtained documents that point to an offer for a management buyout being assembled by certain executives of the firm as a strategic alternative for […]
Bank of America Targets Gold Prices to Reach $3000
The Bank of America has increased its 18-month gold target from $2,000 to $3,000 per ounce to coincide with the various monetary and fiscal policies being put into action amid the coronavirus pandemic. The target was provided in a report entitled “The Fed can’t print gold,” which succinctly provides the justification for the price target. […]
Revive Therapeutics Partners With University of Wisconsin-Madison For Psilocybin-Based Research
Revive Therapeutics (CSE: RVV) announced this morning that it has entered into a sponsored research partnership agreement with that of the University of Wisconsin-Madison. The partnership arrangement will see the University of Wisconsin-Madison work with the company to evaluate novel formulations and drug delivery tech focused on psilocybin-based pharmaceuticals. The program will be conducted at […]
Oil Spiral Causes Fireworks Across ETF’s, ETN’s
As expected, yesterday’s negative close on the May futures oil contract for West Texas Intermediate has resulted in some fireworks across markets. While it’s still not entirely clear what specifically caused the massive crash in the price of oil (although theories abound, aside from storage concerns), what is clear is the effect it has had […]
The Flowr Corp Announces $20 Million Secured Debenture Financing
The Flowr Corporation (TSXV: FLWR) this morning announced a secured convertible debenture private placement for gross proceeds of $20.0 million, of which the firms Chairman and Chief Strategist, as well as the firms CEO, will be subscribing for over $10.0 million. The secured debenture will see units sold at a price of $1000 each, and […]
Falcon Gold Sees First Hole At Central Canada Project Completed
Falcon Gold (TSXV: FG) has completed the first drill hole in its 2020 drill program for its Central Canada Project located 160 km west of Thunder Bay, Ontario. The hole is the first of a series of planned holes in a 1,000 metre program. Referred to as drill hole CC-20-01, it was drilled to a […]
The Gods Must Be Crazy: Are Capitalists Having a Come To Smith Moment?
Michael Batnick wrote a very intelligent post about the rage of the American wage earner last week called “This is Why We’re Angry,” in which he tried to reconcile the stagnant growth of wages and real wages with the incredible prosperity that the American economy has seen in the post war era. We’re big Batnick […]
Max Resource Sees Renowned Polish University Involved In Study Of Cesar Project
Max Resource Corp (TSXV: MXR) announced a significant development this morning, in that the AGH University of Science and Technology in Krakow, Poland will be conducting a study of the sediment-hosted copper-silver mineralization of Max’s Cesar project, which is located North of Bogota, Colombia. Specifically, the Faculty of Geology, Geophysics and Environmental Protection, Department of […]
China’s CSI 300 Healthcare Index Suffers Rare Glitch Causing Record Crash
The Chinese CSI 300 Health Care Index suffered a significant drop when trading opened on Monday, but none of the individual stocks decreased by more than 2 percent; however, the sudden decline was due to an internal glitch from the resulting change in the index-calculation system over the weekend. The Health Care Index dropped by […]
PowerBand Successfully Conducts Virtual Auto Auctions
PowerBand Solutions (TSXV: PBX) announced this morning that the company has successfully conducted two auto auctions on its D2D Auto Auctions platform that were highly successful. The auctions were held virtually, and provided an alternative to physical auctions and their associated costs. The auto auctions were held on April 7th and 16th, and proved the […]