Canadians Prefer to Save Rather Than Spend Government Aid Amid Growing Economic Uncertainty
Despite the federal government’s bottomless stimulus spending, it appears that Canadians are opting to hold onto their newly elevated savings levels of approximately $150 billion, rather than spend it on consumption. According to a recent Bloomberg Nanos survey, nearly 7 in 10 Canadians revealed they anticipate to either maintain or increase their current savings levels […]
Jay Martin: Early Stage Investing In Public Companies – The Daily Dive
For this weeks final episode of The Daily Dive, we sit down with Jay Martin of Cambridge House (CambridgeHouse.com). Jay joins us this afternoon to discuss Cambridge House and their specialties, investing in early stage companies, and performing due diligence to lead to a better performing portfolio. Cambridge House is focused on conducting Canada’s leading […]
Canada’s Securities Regulator Approves First Bitcoin ETF in North America
The first publicly-traded Bitcoin ETF in North America has been granted approval by Canada’s financial regulator. According to a decision letter published by the Ontario Securities Commission on Thursday, asset manager Purpose Investments has gained approval to launch the first ever Bitcoin ETF, which will be listed on the Toronto Stock Exchange. According to a […]
Platinum Prices Soar to Six-Year High Amid Supply Shortages, Growing Industrial Demand
An alarming increase in catalytic converter thefts has been erupting across Canada and the US. Catalytic converters, which are part of a vehicle’s exhaust system, are being sought out because they contain precious metals, one of which being platinum. The recent catalytic converter thefts suggest that the demand for platinum has been on the rise […]
Revive Therapeutics Closes $23.0 Million Bought Deal Financing
Revive Therapeutics (CSE: RVV) this morning announced the closing of its bought deal financing. Originally announced at a figure of $10.0 million, strong demand lead to it being doubled to $20.0 million, before closing out today at $23.0 million with the exercise of the over-allotment option. The financing saw units of the company sold at […]
BNY Mellon to Begin Adopting Digital Currencies, Will Treat Bitcoin as Regular Asset
The utilization of digital assets by major financial platforms has been accelerating, after Paypal and Mastercard recently announced they would begin allowing users to conduct transactions using certain cryptocurrencies. Now, it appears that the oldest bank in America has also jumped on the cryptocurrency craze, and will begin storing Bitcoin on behalf of its asset-management […]
DigiMax Sees $5.0 Million Private Placement Fully Subscribed Within Hours Of Announcement
DigiMax Global Solutions (CSE: DIGI) this morning issued a news release related to the addition of an advisory board for its subsidiary, DataNavee. Most intriguing in the release however, is the detail that the private placement announced just last night for gross proceeds of $5.0 million is already fully subscribed. The announcement of the fully […]
Voyager Digital Closes On US$100 Million Financing
Voyager Digital (CSE: VYGR) continues to see strong demand for its equity. The company this morning announced that it has closed a previously announced private placement, raising gross proceeds of US$100.0 million in the process. The financing saw shares of the company sold at a price of US$13.10 each, with no warrant attached to the […]
Jushi Holdings Raises $74.8 Million In Overnight Offering
Jushi Holdings (CSE: JUSH) has closed its previously announced overnight marketed public offering. The company managed to raise gross proceeds of $74.8 million in the process, an improvement from the initial $65.0 million originally announced. Under the terms of the financing, the company sold a total of 7.5 million subordinate voting shares at a price […]
QYOU Media Continues To Smash Viewership Records
QYOU Media (TSXV: QYOU) continues to impress with viewership numbers. The company this morning reported its latest Broadcast Audience Research Council, or BARC, ratings, for its flagship The Q India channel, with the firm registering its highest ever figure – 4.4 gross rating points. The company continues to show significant growth, with Week 41 of […]