Outcrop Gold Intersects 1.79 Metres Of 1,329 G/T Silver Equivalent In New Shoot At Santa Ana
Outcrop Gold Corp (TSXV: OCG) this morning released assays from its ongoing drill program at its Santa Ana project in North Tolima, Colombia. The results come from a newly discovered shoot that has been named San Juan, wherein the company hit highlight values of 1.79 metres of 1,329 g/t silver equivalent, consisting of 0.63 g/t […]
Very Good Food Company Sees Expanded Production, Expands Distribution In Eastern Canada
The Very Good Food Company (CSE: VERY) this morning released an update related to its production capabilities. The firm has seen its Victoria Facility improve its production to that of 20,000 lbs per week on average, up from the prior average of 11,000 lbs per week announced in October. The increase in production is reportedly […]
Agnico Eagle To Acquire TMAC Resources For $2.20 Per Share
TMAC Resources (TSX: TMR) is being acquired. This time however, it isn’t by a China-based firm. The company this morning announced that it will be acquired by that of Agnico Eagle (TSX: AEM), with the transaction being effected by way of assignment of the prior arrangement that was in place with Shandong Gold Mining. The […]
Jushi Holdings Raises Q4 Revenue Guidance, Announces Overnight Marketed Offering
Jushi Holdings (CSE: JUSH) has revised its fourth quarter 2020 guidance while announcing an overnight marketed offering this evening. The firm raised gross revenue guidance for the period, while maintaining its prior adjusted EBITDA guidance, as well as its 2020 revenue and adjusted EBITDA guidance. The company is now anticipating revenues for the fourth quarter […]
Chipotle Launches Cauliflower Rice in US and Canada as Demand for Low-Carb Foods Accelerates
As millions of people around the globe have become infected with Covid-19— with more severe symptoms being noted among the at-risk demographics, an increasing number of consumers have begun treating the pandemic as a catalyst for healthier eating. As a result, fast food restaurants have started incorporating diet-friendly menu options, many of which cater to […]
Gold Prices Rebound in 2021 as US Dollar, Real Yields Continue to Plummet
Gold prices soared to their highest levels in nearly two months today as a weakened dollar, coupled with lower US real yields gave the precious metal momentum to build upon its largest annual advance in almost ten years. The rise in gold prices has been coinciding with the deterioration of the US dollar, which has […]
Finding Gold In Southeast Arizona – The Daily Dive feat Ian Klassen of GMV Minerals
Starting off The Daily Dive for 2021 is that of Ian Klassen, CEO of GMV Minerals (TSXV: GMV) and a returning guest on the Dive. Ian sits down with host Cassandra Leah to discuss the junior mining environment within Arizona as well as the latest at GMV. GMV Minerals is a junior gold explorer, who’s […]
Provision In U.S. Government Spending Bill Very Constructive For Uranium Mining Industry
After threatening a veto, U.S. President Trump finally signed a massive US$2.3 trillion COVID-19 relief and government funding bill on December 27, 2020. The headlines of the legislation included US$600 in direct payments to most Americans and an extension of federal unemployment benefits to the long-term unemployed. Also included in the spending bill is the most constructive […]
Canaccord Raises Sundial’s Price Target To $0.40, Casts Doubt On Zenabis
After a very busy and dilutive December, where shares outstanding went from 485.5 million to 919 million, an 89% increase, Sundial Growers (NASDAQ: SNDL) is “Debt-free and on the hunt,” says Matt Bottomley, Canaccord’s cannabis analyst. Canaccord upgraded their 12-month price target on Sundial to U$0.40 from U$0.30 and reiterated their hold rating. Matt Bottomley […]
WeedMD Sees CEO Angelo Tsebelis Leave Company, Scorsis Named Interim CEO
WeedMD Inc (TSXV: WMD) has seen CEO and director Angelo Tsebelis step down from his roles at the company after less than a year on the job. His resignation from the firm reportedly has “mutual agreement from the board,” with executive chairman George Scorsis taking on the role on an interim basis going forward. Tsebelis […]