Ayr Strategies Announces Changing Of Name To Ayr Wellness
Ayr Strategies (CSE: AYR.a) this morning had a minor news release, wherein the firm announced that it will be changing its name. Effective February 12, the company will be known as Ayr Wellness. The name change is said to “better reflect the mission to delivery the highest quality cannabis, the best customer experience, and to […]
NG Energy Announces Re-Entry Of Istanbul-1 Well Slated To Occur This Month
NG Energy (TSXV: GASX) continues to develop its natural gas project in Colombia. The company this morning announced that it intends to re-enter the Istanbul-1 well, located within the Maria Conchita Block, this month. The decision to re-enter the well is reportedly based on petrophysics, geophysical, and geological studies conducted by internal consultants at the […]
Augusta Gold Begins 110,000 Metre Drill Program In Nevada
Augusta Gold (CSE: G) has commenced drilling under its previously announced 110,000 metre exploration program at its Bullfrog Gold project, located in Nevada. The program, with a budget of up to $20 million, is to focus on five targets across the 7,800 acre property owned by the company. The current program outlines a total $20.0 […]
New Found Gold Hits 13.8 Metres of 28.4 G/T Gold At Keats Zone
New Found Gold (TSXV: NFG) this morning released the latest results from the ongoing drill program at its Queensway Project located in Newfoundland. The latest results again come from the Keats Zone, where the company intercepted 28.4 g/t gold over 13.8 metres as well as 25.0 g/t gold over 10.3 metres. The highlight results come […]
Revive Therapeutics Provides Market Update On Cannabinoid Related Research
Revive Therapeutics (CSE: RVV) this morning provided an update in connection with its ongoing cannabinoid pharmaceuticals program. More specifically, the company provided an update as it pertains to clinical development of CBD in the treatment of rare diseases. The company revealed this morning that it has recently entered into a clinical trial agreement with The […]
Treasury Metals Hits 7.15 G/T Gold Over 15.0 Metres At Goliath Gold Complex
Treasury Metals (TSX: TML) this morning reported assay results from twelve drill holes. The results come from the firms Goliath Gold Complex, located in Northwestern Ontario. Highlights from the program include hole GL-20-043, which returned assay values as high as 7.15 g/t gold over 15.0 metres. The results released this morning come from an ongoing […]
Columbia Care To Raise $25.2 Million In Bought Deal Financing
Columbia Care (CSE: CCHW) is the latest firm to announce a financing. The company this morning announced that it will be conducting a bought deal financing to raise gross proceeds of $25.2 million in a financing lad by Canaccord Genuity. The financing will see a total of 2.8 million shares of the issuer sold at […]
‘The Big Short’ Michael Burry: Tesla’s Bitcoin Purchase Was A Distraction From Quality Control Complaints
Michael Burry, the infamous hedge fund manager who successfully predicted the US housing market collapse and subsequently made millions for himself and his clients, has taken another stab at Tesla, as well as the meme cryptocurrency Dogecoin. In a series of tweets that have since been deleted, Burry, who also served as the inspiration for […]
Canopy Growth: Canaccord Downgrades To Hold, Raises Price Target To $32
Yesterday, Canopy Growth Corp (TSX: WEED) (NASDAQ: CGC) reported their third fiscal quarter results. They recorded net revenues of $152.5 million and a net loss of $829.3 million. The company managed to grow cannabis revenues 9% year over year, while other revenue grew by 61% and total revenue grew by 23%. Canopy currently has 17 […]
PowerBand Solutions Closes $5.3 Million Private Placement
PowerBand Solutions (TSXV: PBX) this afternoon closed its previously announced private placement. The company managed to raise total gross proceeds of $5.3 million under the financing. The placement saw a total of 18.3 million units of the company sold at a price of $0.49 each. Each unit contained one common share and one common share […]