Mind Medicine Raises $92.1 Million Via Bought Deal Financing
Mind Medicine (NEO: MMED) has closed its previously announced bought deal financing, raising nearly double the initial $50.0 million the company initially sought under the offering. The company managed to raise $92.1 million through the raising, bolstering its cash position to $183.0 million. Units of the company were sold at $4.40 per share under the […]
C21 Investments Books Loss On Sale Of Certain Oregon Assets, Including Majority Of Swell Assets
C21 Investments (CSE: CXXI) this morning announced that it has sold off certain assets in Oregon that it has labelled as being “non-core” in nature. The sale consists largely of a number of assets located in Portland, Oregon, that are believed to have been acquired via the acquisitions of Swell and Megawood Enterprises in early […]
WeedMD Closes Bowmanville Facility, 20 Employees Impacted
Sometimes, oncoming events are easy to foresee. Such was the case with WeedMD Inc (TSXV: WMD), whom this morning announced that the company is closing its Bowmanville facility in 2021 as it looks to cut costs and improve operational efficiencies. Facility closures were alluded to with the announcement of the resignation of the firms CEO, […]
Exploits Reports 66.3 G/T Silver In Sample At Katie Prospect
Exploits Discovery (CSE: NFLD) has completed an initial reconnaissance program at the firms recently acquired Katie Prospect, a new portion of the firm Great Bend Property in Newfoundland. Numerous samples were collected from the program, with five returning highlight values of between 1.2 g/t and 2.7 g/t gold. In total, twelve grab samples were collected […]
Red Light Holland To Conduct $5.0 Million Bought Deal Financing
Red Light Holland (CSE: TRIP) is looking to add to its war chest with the announcement this morning that the company will look to complete a bought deal financing to the tune of $5.0 million. The announcement comes just two weeks after the company announced $12.2 million was sitting in the bank as a result […]
Skylight Health Announces $14.3 Million Acquisition Of Primary And Urgent Care Group
Skylight Health Group (TSXV: SHG) is starting the year off on a strong foot with the acquisition of a US based Healthcare Group that currently operates six primary and urgent care centres. The company this morning announced that it has entered a binding letter of intent to acquire the unnamed firm. Several specifics were left […]
Datametrex Announces Binding Letter Of Intent To Acquire Concierge Medical Telehealth Platform
Datametrex AI (TSXV: DM) this morning has announced that it has entered into a binding letter of intent for the acquisition of Concierge Medical Consultant. Concierge is described as being a private telehealth and medical concierge services company, which is in line with yesterdays announcement of a concierge COVID-19 testing program that company implemented for […]
Curaleaf Holdings Announces Overnight Marketed Financing Following Democrat Sweep
At least one US multi-state operator is set to take advantage of the bullish sentiment currently present for cannabis firms following a democratic sweep south of the border. Curaleaf Holdings (CSE: CURA) this evening announced that it is conducting an overnight marketed offering for subordinate voting shares. The securities are being offered under a prospectus […]
Ford Sales Fall by 15.6% in 2020 Due to Pandemic-Related Shutdowns
The coronavirus pandemic created numerous obstacles for the US automotive industry in 2020, as effects from earlier factory shutdowns continued to linger throughout the year. As a result, Ford’s US vehicle sales came in 15.6% below 2019 levels, as sales of the automaker’s popular pickup truck, the F-150, declined by 33% in the fourth quarter. […]
The End Of The US Dollar As The Reserve Currency? – The Daily Dive feat Russell Starr of Trillium
Today on the Daily Dive, we see the return of Russell Starr, CEO of Trillium Gold Mines (TSXV: TGM). Russell joins our host Cassandra Leah this afternoon to talk reserve currencies, trends in commodities, and his take on the implications of the ongoing pandemic. Trillium Gold is currently one of the larger exploration firms focused […]