Trillium Gold To Commence Drill Program At Rivard Property
Trillium Gold Mines (TSXV: TGM) is set to begin drilling its 100% owned Rivard property next week, with the company this morning announcing a 5,000 metre drill program for the property. The program is part of the 40 to 50,000 metre drill program ongoing at the firms Newman Todd and Gold Centre properties in Red […]
Great Bear Resources Conducts $37.2 Million Flow Through Bought Deal Financing
Great Bear Resources (TSXV: GBR) is the latest firm to cash in on the frothy market environment, with the company this morning announcing a $37.2 million bought deal private placement of flow through common shares. The financing is being led by that of Cormark Securities and CIBC Capital Markets. The financing will see the issuance […]
Newlox Gold Resumes Gold Pouring At First Production Facility
Newlox Gold Ventures (CSE: LUX) has resumed gold pouring at its first processing plant in Costa Rica. The company has now poured its first gold dore for 2021, with regular pours anticipated to occur as the company nears full-scale operations at the facility. The announcement, made this morning, follows the company being forced to shutter […]
Argonaut Gold To Begin Site Preparation Imminently At Magino Gold Property
Argonaut Gold (TSX: AR) had a notable update this morning for its Magino project, with the announcement that the government of Ontario has filed the closure plan for the project. The advent of this effectively enables operations to begin on site, with the removal and clearing of trees at the project now to begin imminently, […]
Noram Completes Latest Hole At Lithium Property, Encounters 301 Feet Of Claystones
Noram Ventures (TSXV: NRM) issued a quick update this morning, announcing that it has completed drill hole CVZ-66 as part of its ongoing drill program. The hole is significant for the company, in that it was drilled to a depth of 462 feet, marking one of the deepest drill holes to date on the property, […]
Mako Mining Completes Half Bench, Production To Begin This Month
Mako Mining (TSXV: MKO) is nearing commercial production at its San Albino gold project in Nicaragua. The company this morning announced the completion of the mining on the upper half of the third bench this morning, referred to as Half Bench 601, which graded 14.21 g/t gold and 25.4 g/t silver. The bench reportedly consisting […]
Psyched Wellness Submits Trademark For Amanita Muscaria Extract
Psyched Wellness (CSE: PSYC) is looking to build up its portfolio of intellectual property. The company this morning announced that it has submitted an application to register a trademark for the unique extraction process that it has developed. The company is looking to register the trademark “AME-1”, which stands for Amanita Muscaria Extract-1. The trademark […]
Revive Therapeutics Conducts $10.0 Million Bought Deal Financing
Revive Therapeutics (CSE: RVV) this evening announced that it will be conducting a bought deal financing, lead by Leede Jones Gable and Canaccord Genuity Corp. The financing will see the company raise $10.0 million through the sale of units at a price of $0.50 per each. A total of 20.0 million units are expected to […]
Canadian Inflation Falls to 0.7% in December Amid Renewed Lockdowns
Price pressures for the month of December slowed down across Canada, as much of the country went into tighter lockdowns amid a resurgence of Covid-19. According to data released by Statistics Canada, annual inflation dropped from 1% to 0.7% in December, after economists surveyed by Bloomberg anticipated inflation to reach 1%. The decline in December’s […]
Market Movers: Ventripoint Diagnostics Catches A Bid Following New Potential Product Vertical
Ventripoint Diagnostics (TSXV: VPT) has been one of the largest movers of the week, with over 19.3 million shares trading hand yesterday, and a further 11.2 million shares trading hands today at the time of writing. The healthcare focused firm appears to have caught a bid following recent developments announced by the firm pertaining to […]