Canaccord Reiterates $1.75 Price Target For Mind Medicine Following Roadshow Event
This morning, Canaccord released a flash update for Mind Medicine (NEO: MMED) with highlights from the recent two-day virtual non-deal roadshow that was hosted by Canaccord Genuity, which included JR Rahn and Stephen Hurst, co-CEOs of MMED, and Dr. Miri Halperin Wernli, who heads up MindMed Discovery. Canaccord’s analyst Tania Gonsalves reiterated their 12-month price […]
The Green Organic Dutchman To Raise $11.0 Million At $0.24 Per Unit
Evidently, demand for The Green Organic Dutchman (TSX: TGOD) remains, with the company announcing this morning that it will be conducted a bought deal private placement to the tune of $11.0 million. The offering is being underwritten by Canaccord Genuity, whom has also been granted an over-allotment option. The financing will see units of the […]
Ventripoint Diagnostics Installs Whole Heart Analysis Device At Leading European Hospital
Ventripoint Diagnostics (TSXV: VPT) this morning announced that its latest version of its whole heart analysis system, referred to as VMS+3.0, has made its debut in Europe. The first device has been installed in Rotterdam, Netherlands, at the Erasmus-Sophia University Medical Center, a leading cardiac center across the continent. While significant given that it marks […]
Nelson Peltz Resigns As Advisor To Aurora Cannabis
Aurora Cannabis (TSX: ACB) (NYSE: ACB) has seen Nelson Peltz resign as a strategic advisor to the firm. The announcement was tucked neatly at the end of a news release issued this morning identifying the date of the firms annual general meeting, which is to occur virtually this morning. Peltz was to provide services to […]
Great Bear Hits 88.70 G/T Gold Over 1.35 Metres At Dixie
Great Bear Resources (TSXV: GBR) this morning published additional results from its ongoing drill program at its flagship Dixie Project. The massive $21 million program has returned consistent results for the company, with the latest highlight being an intersection of 3.22 grams per tonne gold over 63.60 metres, along with 4.61 grams per tonne gold […]
Lundin Mining Suffers Fatality At Neves-Corvo, Indefinite Processing Halt At Chapada Over Weekend
Lundin Mining Corp (TSX: LUN) arguably had a terrible weekend of news releases. The hits to the company began on Friday, when the firm was forced to announce that a fatality had occurred at its Neves-Corvo mine in Portugal, and escalated to the removal of guidance for one of its 100% owned mines in Brazil […]
PI Financial Discontinues Coverage On Medipharm Labs, Heritage Cannabis
Friday evening following the close of markets, a note was sent out by PI Financials to those of whom receive analyst notes on the cannabis sector. Within, it identified that the analyst firm would be discontinuing coverage on two cannabis operations, with no reasoning behind the move disclosed. Coincidentally, both firms are focused on the […]
American Airlines Receives $5.5 Billion Taxpayer-Funded Loan from US Treasury as Air Travel Demand Remains Subdued
It appears that more government bailouts are en route for embattled airline companies, as the coronavirus pandemic continues to decimate demand for air travel around the world. American Airlines, which is the largest US carrier, announced on Friday that it has successfully entered into a loan agreement with the US Treasury for the amount of […]
Canaccord Reiterates Speculative Buy Rating, $3.70 Price Target For Battle North Gold
On Thursday, Battle North Gold (TSXV: BNAU) reported additional high-grade assay results from their confirmatory drilling program at McFinley and Pen zones. The positive results resulted in Canaccord reiterating both its price target as well as its rating for the company. The McFinley Zone is located west of the Bateman project. Battle North Gold has […]
Harvest Moon: Did Trulieve Overpay For Its Pennsylvania Entrance?
Recently, Trulieve Cannabis (CSE: TRUL) announced that it would be entering the state of Pennsylvania through two transactions. While the cheapest way to have entered Pennsylvania would have been to organically apply from within, like that of Green Thumb Industries (CSE: GTII) for instance. By accounting for less CAPEX cost by growing organically versus that […]