Falcon Gold Increases Financing Due To Excess Demand
Falcon Gold (TSXV: FG) has increased its outstanding offering that was announced earlier this week as a result of strong investor demand. The offering, a non-brokered private placement, will see shares issued at a premium to the closing share price of the equity. The initial offering, announced Tuesday for a total figure of $100,000 in […]
Charlotte’s Web Sees Q1 Revenue Decline
This morning Charlotte’s Web (TSX: CWEB) released their Q1 earnings and investors will be surprised to see revenue declined for the quarter vs. Q1 of 2019. The once shining object of the cannabis world has now failed to demonstrate the kind of growth required to justify their former $1B+ valuation. The topline revenue number came […]
Kingman Minerals Reports First Sampling Results For Rosebud Mine
The first sampling results from Kingman Minerals’ (TSXV: KGS) Rosebud Mine were released by the company this morning. The sampling, which was conducted by Burgex Mining Consultants, had chip sample highlights of 252 grams per ton gold and 341 grams per ton silver over an interval of 0.46 metres. Kingman initially contracted Burgex Mining Consultants […]
The Green Organic Dutchman Announces Further Asset Impairments of $50 – $60 Million
The Green Organic Dutchman (TSX: TGOD) this morning reported that it will be releasing its first quarter financial results on May 26, 2020 following the close of markets. Furthermore, the company identified that it also anticipates asset impairments in the range of $50 to $60 million. The firm this morning released a first quarter business […]
Canafarma Hemp Releases Sales Analysis Data
Canafarma Hemp Products (CSE: CNFA) this morning released sales data analysis from its first six months of sales activity. The data, representing sales from June to November 2019, has been combed through by the company to conduct analysis on its marketing direct response model. Several highlights from the analysis were reported by the company, which […]
Medipharm Labs Delays Q1 Financials, Announces Inventory Impairments
Medipharm Labs (TSX: LABS) this morning announced that it will be delaying its first quarter financial results, with the company giving a blanket statement that it expects to file by the end of June. Furthermore, the company also announced that it will be conducting impairments on inventory among other items as a result of the […]
Guyana Goldfields Rejects Gran Colombia’s Superior Offer For Takeover
Guyana Goldfields (TSX: GUY) this evening announced that it has declined the offer by Gran Colombia Gold Corp (TSX: GCM) to perform a three way merger with that of Gold X Corp (TSXV: GLDX). The deal had initially been proposed by Gran Colombia as a means of aggregating several Latin America operators to create an […]
Hexo Corp Fails To Meet NYSE Listing Standards, Mulls Share Consolidation
Hexo Corp (TSX: HEXO) (NYSE: HEXO) has received notification from the New York Stock Exchange that it is not currently in compliance with the continuous listing standards of the exchange. As a result, the company must regain a price of $1.00 per share, for which it is considering all options including a share consolidation. Now […]
Swiss National Bank: The Culprit Behind the Sudden Increase in US Tech Giant Stock Prices
As the stock market crashed by nearly 30% in March amid the coronavirus pandemic, there have been several US-based conglomerate stocks faring quite well in the aftermath. According to form filed with the Securities and Exchange Commission, the Swiss National Bank (SNB) went on a wild spending spree, increasing its top 20 holdings by nearly […]
Apple Plans to Move 20% of Production from China to India in Response to Coronavirus Chaos
As the coronavirus pandemic continues to wreak havoc around the world, several large companies are contemplating moving their production out of China. The tech giant Apple recently had its executives begin plans with Indian government officials regarding the company’s search for production alternatives. If the plan does materialize, it will see Apple move approximately 20% […]