SKRR Sees Olson Land Package Increased By 1,170 Hectares
SKRR Exploration (TSXV: SKRR) has expanded its land page at its Olson Gold Project in Northern Saskatchewan. The company has acquired three additional claims for the gold project via an arrangement with Eagle Plains Resources Ltd. Under the new arrangement, the company has added a total of 1,170 hectares of land to its ongoing project. […]
Organigram Completes $49 Million ATM Financing In Just Two Months
As predicted, Organigram Holdings (TSX: OGI) (NASDAQ: OGI) has already completed its at-the-market equity program announced back in April. Despite stating that the program was valid for a period of nearly two years, the program has been completed in just two months – indicating the company likely continues to churn through cash. Initially announced of […]
Max Resource Corp Extends Copper-Silver Zone To Over 11 Kilometres
Max Resource Corp (TSXV: MXR) announced significant news this morning, with the company announcing a new zone at its Cesar Copper-Silver property located north of Bogota, Colombia. The zone extends the AM North area as a whole from 2.5 kilometres to that of over 11 kilometres – a 4x increase in known mineralization at the […]
iAnthus Unsurprisingly Issued Cease Trade Order For Failure To File FY2019 Financial Statements
The inevitable has finally happened. This evening, iAnthus Capital Holdings (CSE: IAN) saw trading in its securities halted on the Canadian Securities Exchange via a cease trade order as a result of the firm failing to file its latest financial statements within the applicable timeframe. This failure is despite an extension granted by the Ontario […]
European Central Bank Issues 1.3 Trillion Euros in Negative Interest Rate Loans
In response to the unprecedented economic impacts stemming from the coronavirus pandemic, the European Central Bank (ECB) has issued a record 1.3 trillion euros affixed with negative interest rates as a form of monetary policy. According to the ECB, so far a total of 742 banks have applied to borrow a portion of the 1.3 […]
Federal Government Extends Foreclosure and Evictions Protections as Millions of Americans Struggle to Make Housing Payments
As the coronavirus pandemic continues to shatter the US economy, millions of Americans are finding themselves in serious financial trouble amid soaring unemployment rates and dwindling disposable incomes. According to a recent study conducted by the National Association of Realtors and One Poll, found that 81% of respondents have been the subject of sudden financial stress […]
Dan Bilzerian’s Ignite Brands One Of First Cannabis Firms To Obtain PPP Loan
It appears that Ignite International Brands (CSE: BILZ), the cannabis firm backed by millionaire Dan Bilzerian, is one of the first cannabis operations to reveal that it has received a PPP loan from the Small Business Administration’s Paycheck Protection Program. The announcement was included at the bottom of documents filed last week by the Canadian […]
Curaleaf Amends Terms of Grassroots Acquisition
Nearly a year after the initial announcement, Curaleaf Holdings (CSE: CURA) this morning announced that it has signed an amended agreement for the acquisition of Grassroots. The amended arrangement essentially eliminates any cash component from the transaction. Under the new agreement, Curaleaf will see 102.8 million subordinate voting shares issued in conjunction with the agreement, […]
Else Nutrition Announces US Product Trial Launch
Follow the money. At least, that’s what our columnist Braden Maccke, author of Market Movers: Else Nutrition, would say following Else Nutrition’s (TSXV: BABY) news this morning related to the US launch of trial samples of its nutrition products for toddlers. The launch is to consist of trial-sized pouches for the US market. The company […]
Jushi Acquires Vireo’s Pennsylvania Cultivation Assets, Announces Secured Financing
It appears that Vireo Health (CSE: VREO) is in the process of selling off assets. It was announced this morning that Jushi Holdings (CSE: JUSH) will be acquiring the firms Pennsylvania Medical Solutions, LLC, the operator of a 90,000 square production facility with 45,000 square feet of indoor cultivation. The facility can accommodate a further […]