Pharmather Files For Orphan Drug Status For Use Of Ketamine Against Postherpetic Neuralgia
Pharmather Inc (CSE: PHRM) this morning announced that it has filed for orphan drug status with the United States Food and Drug Administration for the use of ketamine in the treatment of postherpetic neuralgia. The global market for such a treatment is believed to reach US$908 million by 2026. Postherpetic neuralgia, or PHN, is a […]
Kootenay Silver Completes Drilling At Copalito, Releases Assays From 29 Holes
Kootenay Silver (TSXV: KTN) this morning announced the completion of the drill program at the Copalito Silver-Gold project in Sinaloa, Mexico. The program in its entirety consisted of 40 drill holes being conducted in a 4,153 metre program, for which assays from 29 holes were released this morning. While the first hole hole results were […]
Aurora Cannabis Files US$500 Million Base Shelf Prospectus, Reveals ATM Largely Complete
Aurora Cannabis (TSX: ACB) (NYSE: ACB) appears to be in need of money again. The firm this evening filed a mammoth base shelf prospectus, enabling the company to raise up to US$500.0 million in aggregate over the course of the next 25 months. Within, the prospectus was not overly specific to the type of security […]
BMO Reiterates Cenovus Energy Price Target Following Husky Transaction Announcement
Over the weekend, Cenovus Energy (TSX: CVE) announced that they would be buying Husky Energy (TSX: HSE) in an all-stock transaction valued at $23.6 billion, including debt. Cenovus valued Husky Energy at $3.8 billion, a 21% premium to Friday’s close. Cenovus said that they expect to yield cost synergies totaling $1.2 billion and give the […]
COVID-19 Cases Rise Sharply Across US and Europe as Likelihood of Exponential Spread Grows
As many parts of the US transition towards the cooler climate of fall and winter, the number of coronavirus cases have been on an alarming rise. According to the latest data compiled by Johns Hopkins University, the average number of COVID-19 cases across the US within the past week has risen to 68,767 – the […]
Economic Sentiment Among Canadians Declines as COVID-19 Cases Continue to Soar
As an alarming second coronavirus wave overcomes many parts of Canada, the outlook on the economy grows more bleak. According to the Bloomberg Nanos Canadian Confidence Index, which surveys consumers across Canada regarding their personal views on job security, finances, the state of the economy, and real estate prices, the number of Canadians that continue […]
US Cannabis: Illustrating The Performance Of The Top Four Issuers
The upcoming US election has renewed interest in CSE-listed American cannabis operators, many of which are carving out new 52 week highs, as the long awaited moment of legalization they were built to take advantage of shows signs of inching closer, if only in the market’s own mind. Two years after the formation of these […]
Revive Expects To Complete Phase 3 Interim Analysis In December On Bucillamine In Treatment of COVID-19
Revive Therapeutics (CSE: RVV) provided an update on the status of its ongoing phase three clinical trials for the evaluation of Bucillamine as a treatment for mild to moderate COVID-19 this morning. Clinical sites have been committed to in connection with the evaluation, with interim analysis expected to be completed on 200 patients by the […]
Fission Uranium To Conduct $15 Million Bought Deal Financing
Fission Uranium (TSX: FCU) this morning announced that it will be conducting a bought deal offering for gross proceeds of $15.0 million. The financing, lead by Eight Capital as sole bookrunner, will see units of the company sold at a price of $0.275. Each unit sold under the offering will contain one common share and […]
PlantX To Bring Additional Private Label Products To Market Via New Partnership
PlantX Life (CSE: VEGA) is looking to launch additional private label products. The company announced the morning that it has entered a partnership with Les Marches TAU Natural Food Stores, whom will launch their products on the PlantX ecommerce platform, and provide consulting services for the planned brick and mortar launch, in addition to providing […]