Canada’s Construction Spending Weakens in October
Heading into the fall season, Canada’s economy entered yet another standstill as coronavirus cases began to rise to alarming levels, forcing some regions to reimpose restrictions and further social distancing measures. On the upside though, the country’s real estate market has been making record gains, with home sales and prices surging to new highs amidst […]
Canadian Consumer Confidence Reaches Highest Level Since Beginning of Pandemic
Following recent announcements on positive vaccine outcomes that could further advance economic recovery, consumer confidence among Canadians rose to the highest level in eight months. According to the latest Bloomberg Nanos Canadian Confidence Index reading, which measures financial health and consumer outlook within the economy, the index rose to 53.3 in the prior week. This […]
Lithium From Clay In Nevada – The Daily Dive feat Tucker Barrie of Noram Ventures
Today on the Daily Dive, host Cassandra Leah sits down with Tucker Barrie, President and CEO of Noram Ventures (TSXV: NRM). Noram is a venture-listed junior explorer focused on the development of its Zeus lithium property, located in the heart of the Clayton Valley in Nevada. The Zeus property consists of 1,214 hectares of land, […]
Alpha Lithium: Momentum-Based Share Price Move May Not Be Justified by Fundamentals
Strong sales of electric vehicles (EV) this year, optimism for an even steeper future trajectory of sales, and the meteoric rise in Tesla’s share price in 2020 have all fueled the stock prices of lithium miners of late. Shares in Albemarle for example, the world’s largest lithium producer, have rallied nearly 70% since early September. Alpha Lithium […]
Numinus Wellness Increases Financing To $15.0 Million
Numinus Wellness (TSXV: NUMI) has increased the size of the bought deal financing that it announced this morning, raising the total gross proceeds intended to be raised from $10.0 million to $15.0 million. The psychedelics firm as a result expects to now sell a total of 22.1 million units of the company. As we addressed […]
CloudMD Expands Partnership With Save-On-Foods For Telemedicine
CloudMD Software & Services (TSXV: DOC) is expanding its pilot telemedicine program with that of Save-On-Foods. The grocer, which has over 180 locations across Western Canada, will see CloudMD on Demand offered to all of its customers. Service to Save-On customers is being extended via this on demand service, which will be launched on the […]
Clear Blue Technologies Announces $3.0 Million Financing
Clear Blue Technologies (TSXV: CBLU), an operator in the clean power space, this morning announced that it will be conducting a $3.0 million brokered private placement lead by Echelon Wealth Partners. The financing is significant, given that the equity had seemingly little interest until mid-November when it announced a deal with an African telecommunications firm. […]
Pure Gold Mining Hits 23.4 G/T Over 2.9 Metres In Further Drilling
Pure Gold Mining (TSXV: PGM) released further assays from ongoing underground exploration at its flagship project in the Red Lake, Ontario mining camp this morning. The latest assays come from drilling near the main ramp access, where the company hit gold values as high as 23.4 g/t gold over 2.9 metres, including an interval of […]
Psyched Wellness Sees Positive Results From Amanita Muscaria Toxicology Report
Psyched Wellness (CSE: PSYC) has completed its toxicology assessment on that of Amanita Muscaria, the firms core focus when it comes to psychedelic and functional mushrooms. The assessment, which was conducted by contract research organization KGK Sciences, has reported positive results for the company with the key finding being that the mushroom should be classified […]
Numinus Wellness To Conduct $10.0 Million Bought Deal
Numinus Wellness (TSXV: NUMI) evidently is seeing strong investor demand, with the psychedelics firm this morning announced a $10.0 million bought deal financing lead by Canaccord Genuity and Eight Capital. The financing is to see roughly 14.7 million units of the company sold. Priced at $0.68 per unit, each unit is to contain one common […]