Canada House Wellness Shareholders Approve 30 To 1 Share Consolidation
Canada House Wellness (CSE: CHV) has seen its shareholders approve a proposed share consolidation of the firms outstanding common shares. The announcement was made by the company this morning, within a news release announcing the results of the annual general meeting. The proposed share consolidation, or reverse split as its more commonly known by retail […]
Cematrix Announces $30.1 Million Contract, Suspends Guidance
Cematrix Corp (TSXV: CVX) this morning issued a brief update to the market, alerting investors that the firm has been issued a US$23.5 million (C$30.1 million) contract for a tunnel project, although details provided were slim. The contract was awarded to the firm via three subsidiaries, including Cematrix Canada, MixOnSite, and Pacific International Grout Company. […]
Midas Gold Feasibility Study Values Stibnite Gold Project At $1.9 Billion At $1850 Gold
Midas Gold (TSX: MAX) this morning announced the completion of a feasibility study for its Stibnite Gold Project, located within the state of Idaho. The study, at a price of US$1,850 per ounce gold, provides a net present value with a 5% discount rate to the project of US$1.9 billion, while annual free cash flow […]
Noram Ventures Hits 27 Metres Of 1049 PPM Lithium In Partial Assays At Zeus
Noram Ventures (TSXV: NRM) this morning reported partial assays for hole CVZ-62, the second drill hole conducted as part of the firms ongoing drill program at its Zeus Lithium Project in the Clayton Valley of Nevada. The firm reported highlight values of 1049 ppm lithium over 27 metres from the results this morning. The results […]
Ayr Strategies To Enter Florida Market With $372 Million All-Stock Acquisition Of Liberty Health Sciences
Ayr Strategies (CSE: AYR.A) is headed to Florida. The company this morning announced that it will be acquiring that of Liberty Health Sciences (CSE: LHS) in an all-stock transaction valued at roughly $372 million. Liberty shareholders are expected to hold approximately 20% of the resulting issuer, with the resulting firm to have a footprint across […]
Hexo Corp Announces Prospectus Expiration, Elects To Not Refile
Hexo Corp (TSX: HEXO) (NYSE: HEXO) this morning attempted to flex its muscles when it announced that they would not be filing a new base shelf prospectus at this time. This announcement follows the news that the firms previously outstanding $800 million base shelf prospectus had expired as of this morning. Commenting on the matter, […]
Battlestar Penumbra: A Field Guide To The Ongoing Conflict
The return volley is almost always a smear job, and it’s easy to see why. Medical device company Penumbra (NYSE: PEN)‘s November 12th peak valuation of $9.9 billion was achieved in large part through the effective work of internal and external sales desks. That isn’t to say that the company’s reputation as an innovative operator […]
Gold Prices Hit 6-Week High Following US Stimulus Deal
Following the successful agreement of the second long-sought coronavirus aid package by Congress, gold prices rose to their highest level in nearly six weeks as investor appetite for the precious metal took a boost. , Gold prices rallied to over $1,882 per ounce come Mondaythe highest level since November 13, as Congress finally came to […]
Curing The Banana Panama Disease – The Daily Dive feat Colin Bletsky of MustGrow Biologics
Kickstarting our short holiday week for the Daily Dive is that of Colin Bletsky, COO of MustGrow Biologics (CSE: MGRO). Colin sits down with our host Cassandra Leah to discuss food security, the food chain, the use of synthetic chemicals within farming, and the natural bio-solutions that MustGrow is bringing to market. MustGrow Biologics is […]
BMO Raises Equinox Gold Price Target To $22 Following Premier Gold Transaction
Last Week, Equinox Gold Corp (TSX: EQX) announced the acquisition of Premier Gold Mines (TSX: PG). Each Premier shareholder will receive 0.1967 shares of Equinox Gold for each share held of Premier, which is the weighted 10-day volume-weighted average closing price. Premier will also spin off its US-focused gold production and development company i-80 Gold […]