Datametrex Signs Sales Agreement With 7-Eleven Korea
Datametrex AI (TSXV: DM) this morning had another major news release, announcing that the firm has secured a sales contract with 7-Eleven Korea for robotic process automation infrastructure, a segment that will rely upon the firms artificial intelligence experience. The announcement is significant for the company, given the current size of the convenience store chain […]
ImmunoPrecise Begins Path to NASDAQ
This morning ImmunoPrecise Antibodies Ltd (TSXV: IPA) announced they have commenced the application process to dual list their stock on the NASDAQ. In the news release, the company states they believe the move will gain greater exposure for the company to access a larger base of retail and institutional investors in the United States and internationally. ImmunoPrecise […]
Pistol Bay Acquires Icefields Gold Property, Featuring Historic Drilling of 59.03 G/T Gold, 7,530 G/T Silver Over 4.04 Metres
Pistol Bay Mining (TSXV: PST) this morning announced that it has entered into a letter of intent to acquire the Icefield Gold Project, located near Golden, British Colombia. The project consists of three claim groups covering a total of 6,752 hectares that features historic drill results with values that include 59.03 g/t gold, 7,530 g/t […]
Premier Hits 12.05 G/T Gold Over 13.0 Metres In Ongoing Drilling At Red Lake Property
Premier Gold Mines (TSX: PG) this morning reported assays from its ongoing 25,000 metre drill campaign at its Red Lake, Ontario property known as the Hasaga Project. A total of 18,000 metres of drilling has been conducted so far this year, consisting of a total of 18 holes being drilled as the company looks to […]
SKRR Exploration Completes Phase One Exploration At Olson Project, Drilling To Commence Later This Month
SKRR Exploration (TSXV: SKRR) this morning released results from its ohase one geological and geophysical program conducted at the Olson Property, located within the Trans Hudson Corridor. The program defined widespread gold mineralization in that of soil samples as well as rock chip samples, with 17 rock samples reporting over 1.0 g/t gold and 35 […]
Gatekeeper System Upsizes Placement To $6.0 Million, Pushes Forward Temp-Sensing System For School Buses
It appears that we had some timely reporting this morning. Following our coverage on Gatekeeper Systems Inc (TSXV: GSI), the company has upsized its private placement that was announced August 26. The financing will see the company raise $6 million, a 20% increase from the original target size of $5 million as a result of […]
Bank of Canada Pledges to Keep Interest Rates Unchanged Until 2023, Will Continue with Current Pace of Bond Purchases
The Bank of Canada (BOC) has announced it will continue to hold interest rates steady for the foreseeable future, as well as keep purchasing government bonds at its current pace, suggesting that Canada’s economic recovery is still subject to uncertainty and volatility. The BOC has recently re-affirmed its position to keep its benchmark rate at […]
Aurora Cannabis: Stifel Lowers Rating To Hold, Price Target Falls To $10.50 From $16
Yesterday, Aurora Cannabis (TSX: ACB) (NYSE: ACB) provided a business update. The firm announced that they have found a permanent CEO, appointing Miguel Martin, while Michael Singer, the interim CEO, is now the Executive Chairman. Alongside Aurora announcing that they have found a new permanent CEO, they reported preliminary fourth-quarter revenue and gross margin results. […]
Canada’s Construction Industry Booming Despite Economic Slowdown, Housing Starts Rose 6.9% in August
Although the economic rebound from the coronavirus pandemic has been evident across many industries, it appears that Canada’s construction industry has been faring exceptionally well. According to latest data released by the Canada Mortgage and Housing Corp (CMHC), housing starts rose to their highest level since 2007, as big city centres such as Vancouver and […]
Canada’s Oil Industry Suffers Rebound Slowdown as Production Increases by Only 3% in June
It appears that crude oil production in Canada has been on a slight rebound since May, increasing by 3% according to the latest Statistics Canada data. However, given the continued volatility in the global oil market, clear skies are not yet evident for Canada’s embattled oil industry. Crude oil production for the month of June […]