Revive Files IND Application With FDA For Phase 3 Clinical Study For COVID-19 Treatment
Revive Therapeutics (CSE: RVV) announced after the bell today that it has officially filed its investigational new drug (IND) application to the US FDA for its Phase 3 confirmatory study. The study will focus on utilizing bucillamine as a potential treatment for COVID-19 and other infectious diseases. Once the application is accepted, Revive will conduct […]
Zimbabwe Suspends Stock Trading and Money Transfers To Protect Currency from Soaring Inflation
As the coronavirus crisis continues to devastate economies around the world, Zimbabwe is facing its own set of austere problems. Over the weekend, the Zimbabwe government ordered the country’s stock exchange to cease trading come Monday, as well as mandated all mobile money transfer platforms to pause business. Zimbabwe’s Information Ministry stated that the sudden […]
India Bans 59 Chinese Mobile Apps Amid National Security, Sovereignty Concerns
It appears that yet another blow has been dealt to China. According to a press release issued by India’s government, a total of 59 various Chinese mobile apps are now banned from use within the country, some of which include the popular social media platform TikTok, Clash of Kings, and WeChat, among others. The move […]
Cirque du Soleil Files for Creditor Protection
In response to the unprecedented circumstances posed by the coronavirus pandemic, Cirque du Soleil has been struggling to remain afloat after its aerobatic shows were cancelled. As a result of mounting US$900 million worth of debt and a lack of incoming revenue, the company has filed for creditor protection. Cirque has applied for court protection […]
America’s Second Largest Shale Producer Chesapeake Energy Files for Bankruptcy Amid Oil Market Slump
As the demand for crude oil continues to remain low and inventories pile up amid the coronavirus pandemic, many oil producers in the US are beginning to succumb to the pressure. One of America’s biggest oil and gas companies, Chesapeake Energy Corporation (OTC: CHKDP), has been crumbling under the weight of mounting debt and a […]
US$2.8 Billion Worth of Loans Found To Be Backed by Chinese Counterfeit Gold
Not only is the Chinese province of Hubei now infamously known as where the deadly coronavirus originated from, but now it has yet a second unfavorable reputation to come to terms with: the epicentre of counterfeit gold bars. According to a recent expose by Caixin, over a dozen financial institutions in China, many of which […]
Spotlight Series: SKRR Exploration With Chairman Ross McElroy
Welcome back to the Spotlight Series. Today we are looking at SKRR Exploration (TSXV: SKRR), a Saskatchewan based gold explorer. The primary exploration focus is on the Trans-Hudson Corridor in Saskatchewan searching for world class precious metal deposits. The Trans-Hudson Orogen, although extremely well known in geological terms, has been significantly under-explored in Saskatchewan. It’s […]
Heritage Cannabis Announces Contract Manufacturing Term Sheet
Heritage Cannabis (CSE: CANN) this morning announced that it has signed a term sheet for a contract manufacturing agreement with that of True North Agri Inc related to the sourcing of biomass and oil and vape cartridge production. The service is to be conducted via Heritage’s Voyage Cannabis subsidiary. Further details on the matter were […]
Fake Meat Issuer Modern Meat To Commence Trading Today
Fake meat issuer Modern Meat (CSE: MEAT) is expected to commence trading this morning at market open following the completion of its reverse takeover transaction. The RTO, conducted with Navis Resource Corp (CSE: SUV) has seen the shell perform a stock split to provide further liquidity to the markets. We covered the details of the […]
Pending Home Sales in the US Rebound by the Most on Record
Despite the number of new coronavirus cases in the US continuing to climb, and the unemployment rate being astronomically far from reaching pre-COVID levels, it appears that certain sectors of the US economy are showing an above average rebound. According to the National Association of Realtors (NAR) index, contract signings on previously owned homes have […]