Liberty Health Settles Class Action Lawsuit For US$1.8 Million
Liberty Health Sciences (CSE: LHS) last night announced that it has entered into a memorandum of understanding in connection with a class action lawsuit filed against the firm in 2019. The memorandum has resulted in the company agreeing to pay out US$1.8 million to settle the claims alleged in the class action, with the company […]
Cineplex, Universal Pictures Enter Exclusive Theatre Viewing Arrangement In Canada
Facing the threat of video on demand services, Cineplex (TSX: CGX) this morning announced that it has entered an arrangement with Universal Filmed Entertainment Group to secure exclusivity windows within the Canadian market. The multi-year arrangement will enable the theatre operator to have exclusive windows for theatrical viewing before titles are released to video on […]
Harvest Health Settles Lawsuit With Interurban Capital
Harvest Health and Recreation (CSE: HARV) this morning released a somewhat opaque update this morning, identifying that it had settled a dispute with a small group of the previous owners of Interurban Capital Group. The company had originally closed a merger with ICG back in March 2020, however disputes quickly arose related to its Washington […]
Fire & Flower Files $200 Million Base Shelf Prospectus
Fire and Flower Holdings Corp (TSX: FAF) last night filed a preliminary base shelf prospectus for $200.0 million. While not raising funds immediately, it signals that the company is likely preparing for a sizable raise in the comings months as it looks to expand its operations. The prospectus enables the company to go to the […]
NorZinc Closes $9.5 Million Rights Offering, Halts Drilling
In what is possibly the worst look possible, NorZinc Ltd (TSX: NZC) this morning announced that it has successfully completed a rights offering, raising $9.5 million through the financing. The company then, in the same news release, announced that ongoing drilling was halted yesterday with just one hole being completed on the current program. The […]
Cronos Group Sees Adler, Gorenstein Sell Multiple Millions Worth Of Shares
November has been a busy month for Cronos Group (TSX: CRON) (NASDAQ: CRON) in terms of insider transactions. The company this month has seen multiple insiders sell portions of their current holdings of the company, ending the long stretch since December 2019 wherein no insiders disposed of any holdings. As per Sedi filings, the insider […]
Mind Cure Closes $3.6 Million Oversubscribed Financing
Mind Cure Health (CSE: MCUR) reported midday today that it has closed its non-brokered private placement on an oversubscribed basis. The company managed to raise $3.6 million via the sale of 8.0 million units of the company. The financing conducted, which was to originally be for $3.0 million, saw units sold at a price of […]
General Motors Adds Another $7 Billion Towards EV and Autonomous Car Production
General Motors has announced it will begin ramping up production of its all-electric vehicles, with plans to invest an additional $7 billion through to 2025 in order to better compete with industry leader Tesla. On Thursday, GM announced it will increase spending on the production of all-electric and autonomous vehicles by an additional 35% from […]
UPDATES: Nikola, Hyliion, Dana And Palantir Find Their Way Through A Market That’s All About Profile
It’s time for a look at how Mr. Market has been treating some of the stories we’ve been covering, along with a friendly reminder that The Deep Dive does not make recommendations, set targets, or provide investment advice. If we could tell you what the market was going to do, we wouldn’t have to blog […]
The Future Of 3D Heart Modeling – The Daily Dive feat George Adams
George Adams, CEO of Ventripoint Diagnostics (TSXV: VPT) joins our host Cassandra Leah today to provide the inside scoop on the firms business. Within, George discusses the tech behind the firms medical products in the space of echocardiography, wherein it provides a unique approach to a formerly costly medical procedure. The company has become an […]