Jeff Bezos Stepping Down as Amazon CEO, Will Transition to Executive Chair
Amazon’s Jeff Bezos will be abdicating his CEO post in the third quarter of 2021, and will be replaced by the head of the company’s cloud computing unit, Andy Jassy. Bezos, who founded Amazon in 1994, will transition to the executive chairman of the company’s board, where he says he will focus on “new products […]
Link Global Enters Bitcoin Royalty Mining Agreement
Link Global Tech (CSE: LNK) this morning announced that it has enter into an arrangement for the mining of bitcoin. The arrangement, referred to as a power and royalty mining agreement, will see the company utilize over 50 petahash of bitcoin mining capacity. Under the terms of the arrangement, the company will generate revenues two […]
Skeena Hits 4.06 G/T Gold Equivalent Over 58.50 Metres At Eskay Creek
Skeena Resources (TSX: SKE) this morning reported further drill results from its ongoing drill campaigns at its flagship Eskay Creek project in the Golden Triangle of BC. The company this morning reported highlight results of 4.06 g/t gold equivalent over 58.50 metres. Drill results came from the phase two drill program which is now complete. […]
Ventripoint Diagnostics Removes All Debt From Balance Sheet, Sees Cash Inflows Of $2.1 Million
Ventripoint Diagnostics (TSXV: VPT) is starting today off refreshed, after having cleaned up its a balance sheet. The company this morning announced that all secured debentures of the company have been converted to common shares, removing all debt from its balance sheet. A total of $2.8 million worth of convertible debentures have now been converted […]
Red Light Holland To Conduct $5.1 Million Bought Deal Financing
Less than a month after its last bought deal, Red Light Holland (CSE: TRIP) has announced another financing. The company this morning indicated that it has engaged Eight Capital to conduct a $5.1 million bought deal financing. The financing will see units of the company sold at a price of $0.44 per unit, with each […]
Datametrex Secures Exclusive Rights For COVID-19 Saliva Test Kit In Canada, Saudi Arabia
Datametrex AI (TSXV: DM) has secured further test kits for its COVID-19 testing operation. The company this morning announced that it has secured exclusive rights to sell and distribute a COVID-19 saliva kit manufactured by Wizchem in both Canada and Saudi Arabia, as well as non-exclusive rights for the United Stated, the European Union, and […]
Soma Gold Reports Gold Production Of 1,663 Ounces For January
Soma Gold (TSXV: SOMA) this morning reported product results for its Operado subsidiary this morning. The company managed to produce 1,663 ounces of gold for the month of January, exceeding its guidance of 1,361 ounces by 22%. The company this morning also announced that it is in the process of reaching a new deposit on […]
Tinley Beverage Announces Second Co-Packing Arrangement
Just two days after announcing its first co-packing agreement, Tinley Beverage Co (CSE: TNY) has announced its second such agreement. The company this morning revealed that it will soon begin producing Cannabis Quencher products at its facility, one of the best-selling cannabis beverages within California. The arrangement will see the company produce a two ounce […]
SilverCrest Reports Net Present Value Of $486.3 Million For Los Chispas Project, Proceeds With Construction
SilverCrest Metals (TSX: SIL) (NYSE: SILV) late last night filed the results of its feasibility study for the Las Chispas Project, located in Sonora, Mexico. Based on $19.00 per ounce silver, the study determined the project has a net present value of US$486.3 million, an IRR of 52% and a payback period of 1.0 year. […]
Pure Extracts Submits Application For First Natural Product Number
Pure Extracts (CSE: PULL) is one step closer to commercializing its functional mushroom operation. The company this morning announced that it has received its registration with the Natural and Non-prescription Health Products Directorate. The registration enables the company to submit a Class 1 Natural Product Number for functional mushroom products, the first of which has […]