Garibaldi Resources Intersects 9.1 G/T Gold over 0.72 Metres At Eskay Property
Garibaldi Resources (TSXV: GGI) this morning reported assay results from four shallow drill holes conducted at the firms Eskay Creek property. The firm has encountered gold mineralization at the previously untested Casper Quartz Gold Vein system on the firms land claims, which border the historic Eskay Creek Mine. A total of 639.5 metres were drilled […]
Relay Medical Receives $3.0 Million From Option And Warrant Exercises
Relay Medical (CSE: RELA) last night announced that the company has seen total cash inflows from investors of $3.0 million. The inflows follow the exercise of both warrants and options, given the recent rise in the pricing of the firms equity. All told, a total of 9.4 million common share purchase warrants and 1.9 million […]
DigiMax Global Announces $5.0 Million Private Placement
DigiMax Global Solutions (CSE: DIGI) last night announced a non-brokered private placement amid strong consumer demand. The company will look to raise gross proceeds of $5.0 million under the offering. Under the terms of the offering, units of the company are to be priced at $0.35 each, with each unit containing one common share and […]
Willow Biosciences Increases Bought Deal Financing To $25.0 Million
Late last night, Willow Biosciences (TSX: WLLW) announced the upsizing of its bought deal financing following strong demand. The company has seen its financing grow from $20.0 million to that of $25.0 million in gross proceeds that will be raised. The financing, lead by Eight Capital and BMO Capital Markets, will see a total of […]
Valens Company Receives License Amendment To Sell Dried Cannabis Products
Whereas most cannabis-related firms appear to be moving away from dried flower products, The Valens Company (TSX: VLNS) appears to be working in reverse. The company this morning announced that it has received an amendment to its sales license, enabling the sale of certain dried flower products. In a time where most producers are moving […]
Score Media & Gaming Conducts 10 To 1 Reverse Split
Score Media and Gaming (TSX: SCR) last night announced that the firm will be conducting a share consolidation, also known as a reverse split. The consolidation is taking place as a result of “a potential additional listing of the company’s Class A subordinate voting shares on a US stock exchange.” The company will be implementing […]
Verano Holdings To Commence Trading February 17, 2021
Verano Holdings (CSE: VRNO) is set to commence trading on the CSE next week. The company this evening announced the closing of its reverse takeover transaction, with the firm now set to begin trading on February 17, 2021. The company will trade on the Canadian Securities Exchange under the ticker symbol “VRNO.” Under the terms […]
AUX Resources Sees Eric Sprott Invest $2.0 Million In Company Following Assay Results
It appears that certain big name investors took notice of the excellent drill results posted by AUX Resources (TSXV: AUX) yesterday. The company this afternoon announced that the well known mining financier Eric Sprott will be taking a stake in the firm under a non-brokered private placement. The placement will see Sprott take down a […]
Willow Biosciences To Raise $20.0 Million In Bought Deal Financing
Willow Biosciences (TSX: WLLW) this evening announced that it will be conducting a bought deal financing. Lead by Eight Capital and BMO Capital Markets, the company will look to raise gross proceeds of $20.0 million. A total of 12.1 million common shares are to be offered under the financing, with no warrant attached to the […]
Supreme Cannabis Posts Q2 Revenue Of $18.3 Million, Net Loss Of $7.9 Million
The Supreme Cannabis Company (TSX: FIRE) this evening posted their second quarter 2021 financial results. The company reported net revenues of $18.3 million, along with a net loss of $7.9 million for the three month period. Net revenues were up considerably on a quarter over quarter basis, rising 54.3% from $11.9 million to $18.3 million. […]