Sundial Raises US$89.1 Million From Warrant Exercise, Issues 98.3 Million New Warrants
Sundial Growers (NASDAQ: SNDL) this morning released a brief release, announcing that the company has seen several million in gross proceeds raised from the exercise of outstanding warrants. In connection with the issuance of the warrants, the company however has entered arrangements to release new warrants to the holders. A total of 98.3 million warrants […]
Eguana Tech Forces Conversion Of Debentures, Cleans Up Balance Sheet
Eguana Technologies (TSXV: EGT) this morning announced that it is cleaning up its balance sheet. The company has forced the conversion of outstanding 10% unsecured convertible debentures that were issued in June and August of 2019. The forced conversion will see a total of $1.943 million in face value of debentures converted to equity of […]
i3 Interactive To Rebrand Fantasy Gaming Platform
i3 Interactive (CSE: BETS) this morning announced that it will be conducting a rebranding. The firm will be rebranding the recently acquired Livepools fantasy gaming subsidiary to that of BLITZPOOLS as it looks to build the premier online gaming destination for Indian consumers. The name change for the fantasy gaming division follows i3’s entrance into […]
Cresco Capital Reports 21.11% Ownership In Harborside On Partially Diluted Basis
It appears that Harborside Inc (CSE: HBOR) Chairman Matt Hawkins is putting his money where his mouth is. The fund manager-turned-director of Harborside this morning disclosed significant participation in Harborside’s recently closed private placement, with Cresco acquiring 35,500 multiple voting share units of the company. Sold at a price of $255 per MVS unit, Hawkins, […]
Graph Blockchain Closes $2.3 Million Financing
Graph Blockchain (CSE: GBLC) this morning announced the closing of its previously announced private placement. The company managed to raise $2.3 million under the non-brokered private placement. The financing saw units of the company sold at a price of $0.08 each, with each unit containing one common share and one common share purchase warrant. Each […]
Second Bitcoin ETF To Hit Market This Morning Via Evolve ETFs
A day after the launch of the first bitcoin ETF, the Purpose Bitcoin ETF (TSX: BTCC.B), Evolve ETF’s has launched its own bitcoin ETF. The ETF fund this morning announced the launch of the Bitcoin ETF (TSX: EBIT), which commences trading this morning. The ETF reportedly will hold physical bitcoin as it looks to provide […]
TGOD Places Valleyfield, Quebec Facility For Sale
The Green Organic Dutchman (TSX: TGOD) this morning announced its intention to off-load its Valleyfield, Quebec facility in the face of “changing market conditions.” The company has engaged a commercial real estate advisor for the sale of the facility. The move is being framed as a plan to “monetize under-utilized assets,” with the company considering […]
Nextech AR To Raise $10.0 Million Via Bought Deal
Nextech AR Solutions (CSE: NTAR) last night announced that it will be conducting a bought deal lead by that of Mackie Research. The financing will see the company raise gross proceeds of $10.0 million. Under the terms of the financing, units of the company will be sold at a price of $5.00 each, with each […]
Red White & Bloom Obtains Regulatory Approval For Platinum Vapes In Arizona
Red White & Bloom (CSE: RWB) has finally launched its Platinum Vape products into the state of Arizona. Originally slated to begin sales last quarter, the launch was delayed with the firm just now receiving regulatory approval to proceed with its planned expansion. The move into the Arizona market by Platinum Vapes, a wholly owned […]
TerrAscend Reports Preliminary Fourth Quarter Revenues Of $65.0 Million
It looks as if TerrAscend Corp (CSE: TER) is looking to stop the slow bleed in its equity. The company this morning “preannounced” its fourth quarter and full year 2020 financial results, with the company reporting net sales of $65.0 million for the quarter and $198 million for the full fiscal year. Released on a […]