Noram Ventures Looks To Use Chloride-Based Leaching For Lithium Clay Extraction
Noram Ventures (TSXV: NRM) is looking to advance its Zeus lithium project in Clayton Valley, Nevada. The firm this morning announced that in anticipation of its preliminary economic assessment for the property, the firm is in the process of conducting a series of tests to extract and concentrate lithium. Following a successful membrane and electrolysis […]
Revive Therapeutics Announces Research Collaboration For Natural Psilocybin Biosynthesis
Revive Therapeutics (CSE: RVV) this morning announced that it has entered into a sponsored research collaboration agreement, as well as an exclusive option to license agreement, with that of the North Carolina State University. The arrangements are focused on developing a novel biosynthetic version of psilocybin. The biosynthetic version of psilocybin is said to be […]
New Found Gold Identifies New Zone With 18.1 G/T Gold Over 6.5 Metres Intercept
New Found Gold (TSXV: NFG) this morning announced a new high-grade gold discovery at its Queensway project in Newfoundland. The discovery, referred to as the Sunday Zone, is located two kilometres north of the Keats Zone, with a highlight result of 6.5 metres of 18.1 g/t gold, including an interval measuring 2.95 metres of 38.7 […]
QYOU Media To See Monetization Commence This Quarter On Chingari App
QYOU Media Inc (TSXV: QYOU) this morning provided the market with an update related to its ongoing partnership with Chingari, an India-based app that is a direct competitor to TikTok. After having launched on the platform less than two months ago, QYOU’s flagship channel, The Q India, is now set to begin monetization on the […]
Canopy Growth Increases Effective Ownership Of TerrAscend To 26.8%
Canopy Growth (TSX: WEED) (NASDAQ: CGC) appears to have a particular affinity for that of TerrAscend Corp (CSE: TER). The company this morning announced that it has acquired the option to acquire an additional 1,072,450 common shares of the company upon a federal legalization event in the United States. The company reportedly acquired the option […]
Exploits Discovery Identifies First High Priority Target Via GoldSpot AI Tech
Exploits Discovery Corp (CSE: NFLD) has identified its first high priority target as part of its collaboration with GoldSpot Discoveries (TSXV: SPOT). The target, located at the firms Mt Peyton Project, is referred to as Schooner Fault, and is said to contain similar geology to New Found Gold’s Keats Zone which is located 3.5 kilometres […]
Cresco Labs To Enter Florida Market Via Acquisition Of Bluma Wellness For US$1.12 Per Share
Cresco Labs (CSE: CL) is the newest market entrant to the state of Florida. The company this morning announced the entrance with the news that the company will be acquiring that of Bluma Wellness (CSE: BWEL.u) in an all-stock transaction that values Bluma at US$213 million. The transaction will see Bluma shareholders receive 0.0859 of […]
MustGrow Biologics Receives $1.5 Million From Exercise Of Warrants
MustGrow Biologics (CSE: MGRO) issued a brief news release this morning, indicating that it has bolstered company coffers via the exercise of warrants by investors. In total, the company has brought in roughly $1.5 million in cash from the exercise of warrants. The exercise of warrants has resulted in approximately 3.2 million new shares being […]
Aphria Posts Revenues of $160.5 Million, Loss Of $120.6 million In Q2 2020
Aphria Inc (TSX: APHA) (NASDAQ: APHA) this morning reported its second quarter financial results for 2021, reporting net revenues of $160.5 million, while posting a net loss of $120.6 million. Included in the significant loss was $87.6 million related to an unrealized loss on convertible debentures, as well as transaction costs of $22.6 million and […]
Pure Extracts Outlines Psilocybin Study Timeline
Further details were released by Pure Extracts (CSE: PULL) this morning in relation to its study on the formulation and manufacturing of psilocybin-based active treatments for oral tablets, capsules and nasal gel. The company has now released the timetable as well as outlined the milestones for the study, which is expected to result in an […]