Choom Holdings Quietly Rearranges Management Team
Choom Holdings (CSE: CHOO) this morning quietly rearranged parts of its management team. Following the announcement of its latest retail location in Vancouver, the company indicated that their current CFO, Terese Gieselman, has moved into the position of corporate secretary. Little justification for the management rearrangement was provided, with the company indicated that it was […]
Medipharm Labs Finally Appoints Replacement CFO
Medipharm Labs (TSX: LABS) this morning finally appointed a new chief financial officer, more than two months after the announced departure of former CFO Bobby Kwon. The company will see Greg Hunter take on the role, effective February 8, 2021. Hunter most recently served as CFO of Medical Pharmacies Group Ltd, a pharmacy and medical […]
Sundial Growers Announces Financing For US$100 Million
Sundial Growers (NASDAQ: SNDL) is capitalizing heavily on its recent popularity, with the announcement this morning that it is conducting a US$100 million registered offering. The offering is to consist of two classes of units to be sold. The first unit, referred to as Series A, is to consist of one common share and one […]
General Motors Plans to Produce Only Zero-Emission Vehicles by 2035
Following California’s recently introduced legislation that will ban the sale of new combustion engine vehicles by 2035, a barrage of automakers have taken the market signal as an ideal time to revamp and speed up their electrification plans. Following California’s change in legislation, General Motors announced it has withdrawn from a lawsuit brought forth by […]
NG Energy: Beacon Initiates With $2.50 Price Target
Last Month, Beacon Securities initiated coverage on NG Energy (TSXV: GASX) with a buy rating and a C$2.50 12-month price target, a 61% upside. They initiated on the stock when it was at C$0.72. This is the first analyst to initiate coverage on the company. Kirk Wilson, Beacon Securities’ analyst, headlines the coverage by referring […]
Providing Echocardiography For Companion Animals – The Daily Dive feat George Adams of Ventripoint
Today on the Daily Dive is that of George Adams, CEO of Ventripoint Diagnostics (TSXV: VPT). Adams joins host Cassandra Leah to discuss the latest developments of the company, including the announcement that it is now working with veterinarians to address the needs of companion animals for echocardiography. Ventripoint Diagnostics has become an industry leader […]
Tesla Shares Fall After Company Misses Sixth Consecutive Quarterly Profit
Putting the buzz surrounding the once-in-a-century GameStop price rally aside, it appears that Tesla, the stock market’s darling, has come short of its profit projections for the sixth consecutive quarter. According to Tesla’s earnings call on Wednesday, CEO Elon Musk revealed that the electric vehicle maker only amassed a fourth quarter profit of US$0.80 per […]
Toronto’s Condo Oversupply Gives Buyers, Renters More Negotiating Power
The final quarter of 2020 saw a sudden divergence between the supply and demand in the condo real estate market. According to latest data from the Toronto Regional Real Estate Board (TRREB), the number of condos either listed for sale or for rent has nearly doubled from last year’s levels, causing prices for the less-desirable […]
Gamestop: Squeeze Play On GME or Hedge Fund Kayfabe?
The Alice Cooper Chicken Incident In 1971, Alice Cooper was a touring musician with a classic, youth rock rebellion single called I’m Eighteen that was charting respectably and reliably drawing the kids out to see the band live. Cooper was repped by legendary producer-promoter-performer Frank Zappa, and known for elaborate stage shows featuring make-up, leather, […]
Silver Bull Releases Maiden Resource For Beskauga Project
Silver Bull Resources (TSX: SVB) this morning released a maiden mineral resource estimate for its Beskauga copper-gold project, located in northeastern Kazakhstan. The estimate is reportedly based on an open-pit constrained resource. The company has reported an indicated mineral resource of 2.33 million ounces of gold at 0.35 g/t, 476,100 tonnes of copper at 0.23%, […]