Leaf Mobile Closes $23.0 Million Financing
LEAF Mobile (TSXV: LEAF) has closed its previously announced subscription receipt financing, raising gross proceeds of $23.0 million in the process. The offering, co-lead by Haywood Securities and Eight Capital, saw receipts of the company sold at a price of $0.225 per receipt. Each receipt issued under the financing will convert to one common share […]
Leveljump Healthcare Looks To List Warrants On TSX Venture
Leveljump Healthcare (TSXV: JUMP) is looking to provide additional liquidity to its investors. The firm yesterday announced that it has applied to list certain warrants on the TSX Venture exchange to provide further liquidity. Warrants that are being sought for listing by the company are in connection with private placements that closed on October 30, […]
Eskay Mining Purchases 19.5% Stake In Garibaldi Resources From Sprott Foundation
The Sprott Foundation evidently is looking to unload a sizeable portion of its ownership in Garibaldi Resources (TSXV: GGI). It was announced this morning that the company would be disposing of 23.7 million shares of the company via a transaction with Eskay Mining Corp (TSXV: ESK), whom is set to take a 19.5% stake in […]
Canada Silver Cobalt Reports Average Grade of 79.0 G/T Silver In Tailings At Beaver Mine
Canada Silver Cobalt Works (TSXV: CCW) has seen assays returned from its tailings drill program conducted at the firms Beaver Mine. The company reported an average grade of 79.0 g/t silver within the tailings, indicating silver is currently present on the property both within high-grade veins, as well as within tailings. A total of 127 […]
Nuvei Reports Preliminary Q4 Revenues Between $114 – $118 Million
Nuvei Corp (TSX: NVEI) this morning released preliminary results for its fourth quarter and the full year of fiscal 2020. The company reported revenue between $114 million and $118 million in the fourth quarter, an increase of 40% on a year over year basis. Preliminary results for the full fiscal year came in between $373 […]
Valens Company Sees New K2 Facility Commence Operations
The Valens Company (TSX: VLNS) this morning issued an update on the current status of its various facilities, as well as a licensing update for its LYF Food Tech acquisition. The firms K2 operation is now operational, with the first cannabis products having shipped from the facility. The milestone of K2 shipping its first products […]
Crude Oil Prices Surge Amid Inventory Decline
Since the beginning of the year, oil prices have been on a steady incline, as crude stockpiles slowly shrink and investor optimism rises. Brent crude, which was below US$35 at the beginning of the fourth quarter, have now soared to nearly US$60 per barrel as of Thursday. The surge in price implies the oil market […]
Tesla Finally Recalls 134,951 Vehicles Over Touchscreen Display Failures
After facing significant scrutiny over numerous production faults, including roofs flying off, cars spontaneously combusting in driveways, and Gigafactory quality control nightmares, it appears that Tesla has finally admitted to at least one of the problems currently plaguing its electric vehicles. According to Reuters, Tesla has agreed to issue a recall on 134,951 Model X […]
Lobo Tiggre: Evaluating Resource Companies – The Daily Dive
Today on the Daily Dive, we see our host Cassandra Leah sit down with Lobo Tiggre of the Independent Speculator. Lobo joins us this morning to talk macroeconomics, including anticipated stimulus for the Biden administration, CPI and more. Within, Lobo provides his insight on the current market effects surrounding proposed stimulus for the US administration, […]
Canadian Vehicle Sales Drop 17.4% in January Amid Supply Shortages, Lockdowns
Auto sales in Canada declined for the month of January, after further Covid-19 lockdowns and supply shortages hampered car and truck sales. According to DesRosiers Automotive Consultants, there were a total of 90,890 cars and trucks sold in January, amounting to a 17.4% year-over-year decline. The fall in Canadian vehicle sales is a significant change […]