Oil Prices Soar to 11-Month High Following Unexpected Saudi Cuts and US Crude Supply Decline
Saudi Arabia’s recent voluntary output cuts, coupled with reduced oil inventories in the US, have spurred optimism in energy markets and brought crude oil prices to the highest level since February 2020. American West Texas Intermediate and international benchmark Brent futures were the subject of another consecutive positive session on Friday, increasing by approximately 1.7%. […]
Elon Musk’s Tweet Sends Confused Investors Piling Into Wrong Stock, Causing it to Soar by 1,100%
Armed to the teeth with stimulus checks, it certainly does appear that Robinhooders will buy nearly anything and everything in a hastily second, especially if it is prompted by the world’s richest person. Indeed, when the wealthiest man tweets something, it appears that the entire world listens. So much so, that when Musk sent out […]
Subversive Secures At Least $100M To Execute On Growth Strategy
This morning Subversive Capital (NEO: SVC.A.U, OTCQX: SBVCF) provided investors a quick note showcasing their momentum ahead of the close of their upcoming qualifying transaction. With their recently upsized private placement, the company has closed at least $100M to execute on their growth strategy going forward. They also discussed recently being added to the Pure US Cannabis ETF […]
Bitfarms Conducts A Second $20.0 Million Financing With US Institutions
Bitfarms Ltd (TSXV: BITF) continues to see strong demand for its equity given the current momentum within the cryptocurrency sector. The company this morning announced the closing of a second private placement with US institutional investors for C$20.0 million. The announcement follows a similar closing announced just last week. The latest financing will see 5.6 […]
Ventripoint Enters Collaboration Agreement To Test Echocardiology Technology For Use With Canines
Ventripoint Diagnostics (TSXV: VPT) has entered into a new collaboration agreement as of this morning. The collaboration is with that of the Veterinary Hospital of North Carolina State University, where the company will work to test and evaluation the use of its VMS+ technology in echocardiography of canines. The unique utilization of the firms echocardiology […]
Curaleaf Holdings Borrows $50 Million At 10.25% Via Secured Credit Facility
Evidently Curaleaf Holdings (CSE: CURA) was not fully satisfied with its recent C$275.6 million financing as announced last week. The company now has also secured $50 million via a three year secured revolving credit facility. The facility will see the company borrow $50 million via three year secured revolving facility, with the facility having a […]
PlantX Life Files To List Equity On The Nasdaq
PlantX Life (CSE: VEGA) is the latest firm to announce its intentions to list on the Nasdaq. The company this morning revealed that it has “taken a significant step to enhance its investor profile,” by focusing on US-based investors with the application to list on the major exchange. The listing, if successful, is anticipated to […]
New Found Gold Reports Partial Step Out Assays At Keats
New Found Gold (TSXV: NFG) this morning released partial drill results from four drill holes at the Keats zone, along with results from initial drilling at the firms Little-Powerline Zone. Highlight results from the release this morning include the company hitting 22.5 g/t gold over 10.4 meters, along with 31.4 g/t gold over 15.9 metres […]
Qyou Media Becomes The Top Ranked Youth Channel In Engagement In India
QYOU Media (TSXV: QYOU) has closed 2020 off on a high note, with the company this week reporting record ratings for its flagship operations within India. The company has achieved a record weekly ratings high of 3 GRP, as reported by the Broadcast Audience Research Council, the regions Nielson equivalent. The rating received by the […]
Canada Nickel Enters MOU With Glencore For Potential Use Of Kidd Facilities
Canada Nickel Company (TSXV: CNC) is steadily developing out its flagship Crawford Nickel-Cobalt Sulphide project near Timmins, Ontario. The company this morning announced that it has entered into a non-binding memorandum of understanding with that of Glencore, whom has operations nearby, for a study on the use of the firms concentrator and metallurgical site at […]