Great Bear Discovers New Mineralization Zone At Dixie Project
Great Bear Resources (TSXV: GBR) released further drill results this morning as a part of its ongoing 2020 exploration program at its flagship Dixie Project in Red Lake, Ontario. The company announced this morning that it had discovered a new zone, referred to as the “Arrow Zone”, which featured mineralization of 19.32 grams per tonne […]
Valens Signs New Contract Manufacturing Agreement
The Valens Company (TSX: VLNS) appears to be pulling ahead as the premier cannabis extractor as of late, this morning announcing a new custom manufacturing agreement with boutique brand house FPS Brands Inc. The company will effectively be helping to launch a new line of hemo-derived CBD products under the brand name ufeelu. The agreement […]
Medipharm Labs Sees Revenues Crater 65.8% Quarter Over Quarter
Medipharm Labs (TSX: LABS) has seen its revenues absolutely implode in a single quarter. The company reported its first quarter 2020 financial results this morning, posting revenues of just $11.1 million, a decrease of 65.8% on a quarter over quarter basis from the fourth quarter of 2019. Further, the company posted a negative gross profit […]
Hexo Sells Niagara Facility For $10.25 Million
Hexo Corp (TSX: HEXO) (NYSE: HEXO) has sold its Niagara, Ontario facility. The company announced the sale of this asset this evening, identifying that land, greenhouse facilities, and certain equipment was involved in the sale. Collectively, the facility and its related assets sold for a total of $10.25 million in gross proceeds, with the sale […]
Foreign Investors Purchased a Record Amount of Canadian Debt in April
It appears that despite the negative economic consequences resulting from the pandemic crisis, Canada’s debt markets still remain highly attractive for foreign investors. According to a recent report by Statistics Canada, $49 billion worth of Canadian securities have been purchased from abroad in April – the largest on record. Of the $49 billion, federal government […]
Canadian Consumer Debt Loads Decreased For First Time in 10 years
As strict stay-at-home orders were imposed and non-essential businesses were forced to temporarily close, many Canadians began to significantly reduce their consumption of goods and services. According to recent data released by Equifax Canada, which is the country’s largest credit reporting firm, the month of March saw the first decline in consumer debt balances over […]
Spotlight Series: Will Randall of Freeman Gold Corp
Freeman Gold (CSE: FMAN) is the focal point in the latest edition of The Deep Dive Spotlight Series, our new video series aimed at providing investors an inside look to operators within the small cap space in Canada. We sat down with Will Randall, whom was recently appointed as President and CEO of Freeman. Freeman […]
Canadian Federal Government Extends CERB Payments For 8 More Weeks
As mentioned earlier, the Canadian federal government has been pushing a plan to extend CERB payments for those Canadians that are still out of work following the easing of some restrictions. However on Tuesday, the government’s plans became a reality, and the CERB payments that have serving as a financial lifeline for unemployed Canadians during […]
Yale Economist Stephen Roach Warns of Imminent US Dollar Crash
The coronavirus pandemic arrived on America’s shores at the most unprecedented time. The US was already grappling with various domestic problems, some of which include soaring debt, lack of national savings, or ongoing trade disputes with, well almost everyone. However, when the severity of the pandemic became evident in early March, America’s status as the […]
iAnthus Capital Expects To File Financials By End Of June
iAnthus Capital Holdings (CSE: IAN) filed a news release this morning, wherein they state the obvious – they indicate that they did not file their financial statements as of yet. The company as a result has identified that they have received a notice from the Ontario Securities Commission as a result. Included within the notice […]