Exploits Discovery Looks To Raise $4.0 Million
Exploits Discovery Corp (CSE: NFLD) yesterday evening announced that it will be conducting a non-brokered private placement. The company is looking to raise gross proceeds of $4.0 million from the sale of units and flow through common shares. Each unit is priced at $0.45, with each unit containing one common and one common share purchase […]
Verano Holdings Announces Multiple Acquisitions With An Aggregate Price Tag Of $290.7 Million
Verano Holdings (CSE: VRNO) continued its focus on inorganic growth this morning, announcing acquisitions in three key states. The acquisitions are set to occur across the states of Illinois, Pennsylvania, and Arizona, as the company seemingly looks to acquire assets at any price. In terms of Illinois, the company has agreed to acquire The Herbal […]
Canadian Dollar Soars to Three-Year High Amid Commodities Price Rally
The Canadian dollar soared to the highest in three years, topping 80 cents US on Thursday, following what has been a recent spurt of reflation trading in favour of commodities. The loonie rose to just over US$0.80— the highest level since February 2018, as investors speculate that the global reflation trade will continue to push […]
Jack Dorsey’s Square Buys $170 Million More In Bitcoin
Twitter CEO Jack Dorsey’s financial services company Square has doubled down on Bitcoin, and increased its holdings by $170 million in an ongoing effort to diversify its assets. On Tuesday, prior to revealing its 2020 financial results, Square announced it had purchased approximately 3,318 Bitcoins. The latest cryptocurrency investment brings the company’s Bitcoin holdings to […]
The Mechanics Of Short Selling With Ihor Dusaniwsky – The Daily Dive
Sitting down with us today on the Daily Dive is that of Ihor Dusaniwsky, Managing Director of S3 Partners. Ihor joins us today to discuss the mechanics of short selling, including synthetic positions, borrow rates, naked short selling, and more. S3 Partners is focused on data at its core, referring to itself as a Data […]
IATA Expected to Launch Covid-19 Travel Pass by March
The International Air Transport Association (IATA) recently announced that it will launch its official Covid-19 travel pass by March, which will allow travellers to display their proof of vaccine or Covid-19 test results in an effort to boost air travel amid the pandemic. The latest measure, called the IATA Travel Pass, will provide airlines, passengers, […]
Stem Holdings: Beacon Initiates With $3.00 Price Target, Buy Rating
Yesterday morning, Beacon Securities initiated coverage on Twitter’s favourite cannabis name, Stem Holdings (CSE: STEM), saying the company is currently building the UberEATS of cannabis. This is the first analyst to initiate coverage on the name. They have a 12-month price target of C$3 and a buy rating. Doug Cooper, Beacon’s analyst, says that there […]
Canadian Consumer Confidence Soars to Highest Since 2019 Amid Easing of Restrictions
With lockdown restrictions beginning to ease across several Canadian regions, consumers are becoming more optimistic regarding the country’s economy. The latest Bloomberg Nanos Canadian Confidence Index reading rose to 58.1— the highest level since October 2019, after major provinces Ontario and Quebec began to ease pandemic restrictions. With the lifting of restrictions, the ongoing vaccine […]
Fisker Enters Into EV Partnership with Apple Supplier Foxxconn
Fisker, the electric vehicle start-up company, has seen its share price rally by more than 20% on Wednesday, after announcing a manufacturing deal with Foxxconn Technology Group— the company best known for assembling Apple’s iPhones. According to a joint announcement made by Fisker and the Taiwan-based electronics manufacturer Foxxconn on Wednesday, the two companies have […]
Graph Blockchain To Focus On Altcoin Mining Using Proof Of Stake
Graph Blockchain (CSE: GBLC) this morning announced that it will be leveraging proof of stake mining. The announcement will see the company become the first publicly traded altcoin proof of stake miner, providing exposure to alternative digital currencies that still consist of some of the top currencies by market capitalization in the field. The mining, […]