Datametrex Secures Services Agreement Valued At An Estimated $20 Million For Supply Of COVID-19 Test Kits
Datametrex AI Limited (TSXV: DM) released substantial news this morning, revealing that the reason for its stock being halted is that the company has signed a massive services agreement with one of the worlds largest media and entertainment groups. The agreement will see Datametrex supply COVID-19 screening solutions to the groups theatrical film and TV […]
Mission Ready Receives First Delivery Orders Under Massive Contract
Mission Ready Solutions (TSXV: MRS) has begun to receive new delivery orders in connection with the more than $435.7 million of standing purchase orders that the company announced last week. The new orders are for an aggregate amount of $37.6 million. The orders received fall under the multiple contracts that the company announced last week, […]
Kingman Minerals Acquires Option For Additional Mohave County Property
Kingman Minerals (TSXV: KGS) is expanding their land holdings. It was announced by the company this morning that it has entered into two separate option agreements to acquire interests in an additional 52 lode claims in Mohave County, Arizona. The lode claims cover 1,071.2 acres in the region, with the option being for a 100% […]
C21 Investments Reports Q2 Revenues Of US$9.4 Million, Net Loss
C21 investments (CSE: CXXI) this morning reported its second quarter financial results for the period ended July 31, 2020. The company reported revenues of US$9.4 million during the quarter, along with a net loss of US$38,183, which largely appears to be due to the tax regime in place south of the border for cannabis operations. […]
Battle North Releases Further Assays For McFinley, Pen Zones, Provides Guidance For Resource Estimate Timelines
Battle North Gold Corp (TSX: BNAU) this morning reported further results from its drilling program conducted on its Bateman Gold Project, located in the Red Lake district of Ontario. A total of ten drill assays were released this morning from work conducted at the McFinley and Pen Zones of the property. The current drill program […]
Battery Day Bombs, But Don’t Count Tesla Out Just Yet
Tesla (NASDAQ: TSLA) is off -10% on a day that the broader markets continue an extended slump, following a very poor initial reaction to the company’s “Battery Day” AGM event full of inflated objectives of critical gravity and questionable likelihood that was pure, uncut Tesla. While the snark is strong today among the shorts and […]
Trudeau Vows to Create 1 Million Jobs Via Additional Fiscal Policies and Government Spending
As parliament finally reconvened today and Prime Minister Justin Trudeau delivered his widely-anticipated throne speech, it appears that more federal spending is en route for Canadians. Despite the several major Canadian banks warning the Liberal government about further propelling the country into an even deeper deficit, Prime Minister Justin Trudeau vowed to do everything it […]
Morgan Stanley Research Finds Americans Hoarded $12.5 Trillion in Savings Due to Pandemic and Federal Election Uncertainty
As a viable coronavirus vaccine is still far away, uncertainties surrounding the pandemic continue to mount. Case numbers in the US are not declining, and the unemployment rate still remains excessively high. In response to the economic turmoil, governments have unleashed a wave of stimulus spending to spur consumerism and get Americans off their couches […]
US Public Debt Expected to Reach 195% of GDP Over the Next 30 Years
As the Federal Reserve continues to spend into oblivion via bottomless quantitative easing and fiscal stimulus, the economic recovery for the US is not going to be as bright and as hopeful as it is being imagined. The Congressional Budget Office (CBO) recently released its dreaded long-term debt forecast, and it appears the results are […]
Canaccord Raises CloudMD Price Target To $2.50 Following Financing
Yesterday, CloudMD Software & Services (TSXV: DOC) closed a $20.79 million financing lead by Canaccord Genuity and Beacon Securities. The financing saw 15.065 million shares issued at a price of $1.38 each. The deal was oversubscribed, with underwriters taking the full over-allotment option. On the back of CloudMD closing their financing, Canaccord’s analyst Doug Taylor […]