Market Movers: Noram Ventures Climbs Higher On Back Of Drilling News
Noram Ventures (TSXV: NRM) is quickly becoming a market mover this morning, with the equity trading up 8.2% on 575,000 shares this morning. Bids appear to be coming in strong as well, with roughly $300,000 worth of cash looking to move into the equity based on current level two data. The company is a junior […]
Aurora Cannabis Closes US$172.5 Million Financing
Aurora Cannabis (TSX: ACB) (NYSE: ACB) this morning announced the closing of its overnight marketed public offering. The company raised gross proceeds of US172.5 million from the financing, the equivalent of roughly $225.7 million in Canadian dollars. The financing saw a total of 23.0 million units sold at a price of US$7.50 per unit, or […]
Xander Resources Completes Excavation Work At Blue Ribbon Property
Xander Resources (TSXV: XND) this morning announced that it has recently completed excavation work at its wholly owned Blue Ribbon Property, located within the Fenelon Gold Camp. The work was part of a fall fieldwork program being conducted on the site, with further work on the property expected this winter. Excavation work conducted on site […]
New Found Gold Reports On Single Drill Hole From Keats Zone
New Found Gold (TSXV: NFG) this morning felt the need to issue a press release for a single hole completed at its Queensway gold project in Gander, Newfoundland. The single hole, drilled at the Keats Zone, is part of a 100,000 metre ongoing drill program. The hole itself was drilled to a total depth of […]
Digimax To Acquire Darwin Ecosystem In All Stock Transaction
Digimax Global Solutions (CSE: DIGI) this morning announced it has signed a definitive letter of intent to acquire Darwin Ecosystem from that of NELI International Incorporated. Darwin is focused on developing artificial intelligence applications in multiple sectors, including the areas of cryptocurrency and analysis. The acquisition of Darwin Ecosystem is said to accelerate the market […]
Harvest Health Leaves Arkansas Following Branding Troubles
Harvest Health & Recreation (CSE: HARV) has disposed of assets in Arkansas. The company announced this morning that it has sold both its dispensary and cultivation assets within the state, for gross proceeds of $25.0 million. The assets sold consist of Natural State Wellness Dispensary, as well as Natural State Wellness Enterprises which were sold […]
Psyched Wellness Sees Professor David Nutt Move From Advisory Role To Directorship
It appears that Professor David Nutt has a desire to become more involved with that of Psyched Wellness (CSE: PSYC). Currently the chair of the Scientific Advisory Board for Compass Pathways (NASDAQ: CMPS), Nutt has elected to step up from his role as an advisor to Psyched Wellness to that of a directorship. Nutt is […]
Medipharm Labs Revenues Crater 64.5% Quarter Over Quarter To $4.9 Million
It appears that not all operators are able to successfully perform under the changing market conditions within the cannabis landscape. Medipharm Labs (TSX: LABS) this morning reported its third quarter financial figures, with revenue cratering to $4.9 million – a 64.5% decline quarter over quarter, and a 88.6% decline year over year. The company meanwhile […]
Outcrop Gold Drills 1,408 G/T Silver Equivalent Over 1.5 Metres At Santa Ana
Outcrop Gold (TSXV: OCG) released results this morning from its ongoing drilling being conducted at its Santa Ana project located in North Tolima, Colombia. The results come from the Roberta Tovar target, where drilling remains ongoing. Highlights from the most recent results include 3.52 metres of 785 g/t silver equivalent, along with 1.53 metres of […]
Airline Groups Propose ‘Digital Health Passports’ in Leu of Quarantines as Pandemic Continues to Cripple Industry
As the recovery for air travel demand continues to be pushed back further and further amid the surge in coronavirus cases worldwide, many airline trade groups are becoming increasingly desperate. The border closings and mandatory quarantines that many countries around the globe have adapted as a means of mitigating the spread of the virus have […]