Monterey Minerals Completes Acquisition Of Alicia Project
Monterey Minerals (CSE: MREY) has closed on the acquisition of what is now the firms flagship property, the Alicia Project, located in Alicia Municipality, Philippines. The acquisition of the property was completed via the purchase of Greater Arc Pty Ltd from that of Greater Arc Resources Limited. The Alicia Project consists of a system of […]
TGOD: Where Do They Go From Here?
The Green Organic Dutchman (TSX: TGOD) reported their second quarter 2020 earnings after the bell yesterday evening, and frankly, we aren’t certain where the company intends to go from here. TGOD managed to eke out revenues of $4.4 million for the quarter, while posting a net loss of $9.8 million. While posting a 58% increase […]
CMHC Urges Private Mortgage Issuers to Observe New Rule Changes on Borrowing Requirements
Canada’s housing authority has recently released a statement urging the country’s private mortgage lenders to refrain from issuing loans to what are now considered risky borrowers. Back in June, the Canada Mortgage and Housing Corp (CMHC) announced that as of July 1, the eligibility criteria for potential mortgage borrowers will be tightened in response to […]
Canopy Growth: Cowen, Canaccord, Cormark Raise Price Targets Following Q1 FY2021 Results
Canopy Growth Corp (TSX: WEED) (NYSE: CGC) released its first fiscal quarter 2021 results on August 10th. The company reported net revenues of $110.4 million, versus Refinitiv’s consensus estimate of $93.5 million. Loss per share came in at $0.30 a share versus Refinitiv consensus estimates of $0.44 a share, while posting a net loss of […]
US Inflation Rises For Second Consecutive Month, CPI Increased By 0.6% In July
As the US grapples with a severe recession and continued soaring unemployment numbers, a slight glimpse of hope at the end of the tunnel may have just emerged. According to the latest figures released by the US Labour Department, the consumer price index has increased by 0.6% since June, which is double what Bloomberg economists […]
UK Economy Contracts by Most on Record, GDP Down by 20.1% in Q2
It appears that the UK has bogged down after spinning its tires endlessly in the mud pit that is the global economic fallout, and finally entered such a severe recession that one like it has not been witnessed across records dating back to 1855. The UK’s economy contracted by a staggering 20.4% in the second […]
Datametrex Secures Rights To Sell And Distribute Rapid COVID-19 Antigen Test Kits
Datametrex AI (TSXV: DM) this morning announced that it has secured the rights to sell and distribute a rapid antigen detection kit from South Korean manufacturer PCL Inc. The main benefit of the test is that with 97% accuracy, they produce results in as little as 5 to 10 minutes with no extra equipment being […]
Taiga Gold Stakes Further Claims In Trans Hudson Corridor
Taiga Gold Corp (CSE: TGC) is increasing its land holdings within the Province of Saskatchewan. The company announced this morning that it has acquired through the process of staking 1677 hecatres of claims that cover prospective gold mineralization. The claims are located within the Trans Hudson Corridor, 25 km northwest of Flin Flon, Manitoba. The […]
MustGrow Conducts Successful Proof Of Concept For Mustard Derived Bio-Herbicide
MustGrow Biologics (CSE: MGRO) has successfully completed a proof-of-concept for its proprietary biological non-selective bio-herbicide. The company announced this morning that its signature mustard-derived formulation has passed this proof of concept for the control of wanted pests and diseases. The proof of concept conducted by the company demonstrated that its formulation has successfully shown that […]
Jaguar Mining Announces Ten To One Reverse Split, Dividend
Jaguar Mining (TSX: JAG) this morning announced that the company will be going ahead with a previously proposed share consolidation on the basis of one common share for every ten shares currently held by shareholders. Further, the company intends to conduct a $0.08 dividend on a post-consolidated basis five days after the completion of the […]