Max Resource Acquires Underlying Royalties On Cesar Project
Max Resource Corp (TSXV: MXR) this morning made a brief announcement to the marketing, identifying that it has secured 100% of the underlying royalties for its Cesar Copper-Silver Project, located North of Bogota, Colombia. The underlying royalty was previously applicable to both AM North and AM South. Under the terms of the transaction, the underlying […]
New Found Gold Sees Sprott Begin To Sell Stake In Company
New Found Gold (TSXV: NFG) has seen a couple of insider transactions filed this evening on the company. Eric Sprott has filed two selling transactions with the company, with the transactions involving both personal ownership as well as ownership through that of 2176423 Ontario Corp, a numbered company in which he beneficially controls. The transaction […]
Ayr Strategies Offers Incentive On In-The-Money, Acceleration-Clause-Meeting Warrants
Ayr Strategies (CSE: AYR.A) this evening announced that it is offering a short term incentive for the exercise of up to 3 million warrants. The incentive will see the company offer $0.50 per warrant for the exercise of up to 3 million warrants that were originally issued on December 21, 2017 with an exercise price […]
Organigram: Raymond James Drops Price To $3.00 Ahead Of Earnings
On Friday, Raymond James reiterated Organigram Holdings (TSX: OGI) (NASDAQ: OGI)‘ market perform rating while downgrading their 12-month price target to C$3.00 from C$5.00. Rahul Sarugaser, Raymond James’ cannabis analyst headlines, “4Q20 Preview: Lowering TP to $3 on Flat Revenue, Adult-Use Mkt Share Decline.” Sarugaser says that Organigram’s Q2 market share was roughly 6%, and […]
Iconic Hudson’s Bay Company Fails to Make Rent Payments as Pandemic Continues to Ravage Brick-and-Mortar Retailers
Over the years, Canada has been home to some iconic shopping experiences, including Eaton’s department store, Sears, and the Hudson’s Bay Company. Although many have succumbed to the eventual demise of catalogue shopping, poor management, and the growing popularity of big box stores such as Walmart, Hudson’s Bay has been one of the only historic […]
Gold Production In Costa Rica – The Daily Dive feat Ryan Jackson
Today on the Daily Dive, host Cassandra Leah sits down with Ryan Jackson, CEO of Newlox Gold Ventures Corp (CSE: LUX). Ryan joins us to give us the latest on their current operations, which are focused in Costa Rica, where they work with artisanal mine operators. Newlox is the only public resource-focused operator within the […]
3 Sixty Secure CEO, CFO Resign, Interim Replacements Named
3 Sixty Risk Solutions (CSE: SAFE) this morning announced management changes among other updates to the market. First and foremost, founder and CEO Thomas Gerstenecker has stepped down from his role with the company effective immediately. No justification was provided for the decision. Taking Gerstenecker’s place will be that of Andrew Ellis, whom was appointed […]
Debt Tsunami Ahead: Global Debt Levels Expected to Reach $277 Trillion in 2020
As many governments and companies continue to spend into oblivion in response to the coronavirus pandemic, an uncomfortable scenario is gaining traction ahead: a global debt tsunami of a record-breaking $277 trillion is expected to accumulate by the end of the year. According to a recent report published by the Institute for International Finance (IIF), […]
DigiMax Global Opens Applications For Crypto Trading App
DigiMax Global Solutions (CSE: DIGI) this morning announced that it is now accepting user applications for the trial launch of its crypto trading app. The app, set to launch December 1, will see a limited launch for experienced traders of cryptocurrencies. The initial trial run is intended to provide beta users with an opportunity to […]
Nabis Holdings To See Equity Holders Wiped Out
The trouble with debt, is that eventually it comes due. Nabis Holdings (CSE: NAB) shareholders are waking up to that reality this morning, with the announcement that the company is to undergo a recapitalization transaction as a result of its outstanding $35.0 million in debentures that are in default. The transaction will see shareholders entirely […]