Pure Gold Mining Completes First Gold Pour At Red Lake Mine
Pure Gold Mining (TSXV: PGM) has officially made the transition from explorer to producer, this morning announcing that it has successfully completed its first gold pour from its PureGold Mine in Red Lake, Ontario. The pour was conducted yesterday, with the firm using ore that first began being delivered to the mill at the midpoint […]
Sundial Growers Acquires $58.9 Million In Outstanding Senior Secured Debt Owed By Zenabis Global
It appears that Sundial Growers (NASDAQ: SNDL) is interested in that of Zenabis Global (TSX: ZENA). The company this morning announced that it has acquired a special purchase vehicle via an all cash transaction, to acquire $58.9 million in outstanding senior secured debt owed by Zenabis Investments. The acquisition of the debt, which was acquired […]
Pure Extracts Announces Study Focused on Psilocybin Oral Tablets, Capsules and Nasal Gel
Pure Extracts (CSE: PULL) this morning announced that it has begun a study focused on that of psilocybin. More specifically, the study is focused on the formulation and manufacturing of active treatments for oral tablets, capsules and a nasal gel that are psilocybin based, which are to be used as investigational products. The study is […]
Numinus Wellness Halts Stock For Trading Day To Announce $17 Million Financing Closing
After halting trading in its equity all day, Numinus Wellness (TSXV: NUMI) this evening finally released the much awaited news: the company has closed its $17.3 million financing. While not exactly the news hopeful shareholders were looking for, the closing of the financing appears to be the justification for the day-long halt. The financing saw […]
Tesla’s Shanghai Factory Reported To Be “Giga-Sweatshop” And Quality Control Nightmare
It appears that the relationship between China and Tesla continues to sour, after a recent expose shined light on the true state of quality control and working conditions at the company’s Shanghai factory. Several weeks ago, it was revealed that China is forcing Tesla to recall its Model X and Model S vehicles following numerous […]
Real Estate Optimism Rises to Highest Level Since 2017 Amid Strong Housing Demand
As coronavirus vaccines continue to be rolled out across Canada, it appears that the country’s already-booming real estate market is expected to continue its historic trajectory. The latest Bloomberg Nanos Canadian Confidence Index, which measures overall financial health and economic expectations via telephone surveys, rose to 55.1 last week – the highest reading since March. […]
The Next Big Canadian Telehealth Stock? – The Daily Dive feat Mitch Geisler of Leveljump Healthcare
Starting off the short Canadian trading week for the Daily Dive is that of Mitch Geisler, CEO of Leveljump Healthcare (TSXV: JUMP). Mitch joins us this afternoon to give us the rundown on Leveljump, one of the newest issuers to hit the TSX Venture. Leveljump Healthcare recently came to the market following its acquisition of […]
The Emperor’s Decree: Marcus Aurelius Has Some Thoughts About Penumbra
Yesterday, the coalition of activist short sellers who have been nipping at the ankles of medical devices company Penumbra Inc. (NYSE: PEN) got some help from Marcus Aurelius Value, who did the legwork to connect various individuals involved with Penumbra and Penumbra’s clinical trials to rival thrombectomy device maker ev3, which was fined in 2018 […]
Trump Signs $2.3 Trillion Covid-19 Stimulus and Spending Bill on Hopes Congress Votes to Increase Payouts to $2,000
Following months of deadlock between US lawmakers, a second Covid-19 stimulus bill was finally agreed upon last week to the relief of millions of Americans. However, it was soon revealed that the bill contained more shadier components than good, with an earmarked $15 billion towards payroll assistance for airlines, while those making under $75,000 per […]
Flowr Corp Closes On Terrace Acquisition, Share Structure Balloons
The Flower Corporation (TSXV: FLWR) has completed its acquisition of Terrace Global (TSXV: TRCE). The firm was acquired via a plan of arrangement that saw 0.4973 Flowr shares issued for each Terrace Global share, resulting in significant dilution to the firms share structure with a total of 144.6 million shares being issued under the transaction. […]