QYOU Media To Conduct $5.0 Million Bought Deal Financing
QYOU Media (TSXV: QYOU) this evening announced that it is conducting a bought deal financing. Lead by Canaccord Genuity and Gravitas Securities, the financing will see the company raise gross proceeds of $5.0 million. Under the terms of the financing, the company will look to sell 17.9 million units of the company at a price […]
Hive Blockchain Announces US$100.0 Million At The Market Financing
Hive Blockchain (TSXV: HIVE) this evening announced that it is conducting a US$100 million at the market financing. The financing is being conducted as a result of the liquidity the company has seen as of late within its equity, with the firm reporting that it was the most liquid stock on the TSX Venture in […]
iAnthus Capital Takes On Further Secured Debt Before Recapitalization Transaction Even Closes
The ink hasn’t dried on the failed appeal for iAnthus Capital (CSE: IAN) shareholders in related to its recapitalization transaction, yet the company is taking on more secured debt. The company this evening announced that it has secured a $11.0 million bridge note financing, which is secured against its iAnthus New Jersey assets. Unsurprisingly, the […]
‘The Wolf of Wall Street’ Jordan Belfort Says Robinhood is ‘Toast’ Following GameStop Fiasco
The sudden decision by Robinhood to halt trading of several highly volatile stocks following the Reddit-fuelled frenzy that caused several prominent hedge funds to lose billions of dollars, has caught the attention of ‘The Wolf of Wall Street’ author, Jordan Belfort. The infamous Jordan Belfort, who was a former stock broker that served 22 months […]
Bragg Gaming: Canaccord Initiates Coverage With $3.00 Price Target
This morning Canaccord initiated coverage on Bragg Gaming (TSX: BRAG) with a C$3.00 12-month price target and Speculative buy rating. This is the first analyst to initiate coverage on Bragg. Matthew Lee, Canaccord’s analyst, states that the investment thesis consists of, “the company offers an attractive combination of growth and profitability in the iGaming space […]
Can WallStreetBets Push Silver Higher? – The Daily Dive feat John-Mark Staude
Returning to the Daily Dive is frequent guest John-Mark Staude, whom is CEO of Riverside Resources (TSXV: RRI). John-Mark joins us this afternoon to talk the latest events related to the silver markets following the explosive action seen on Gamestop last week, the impact of Reddit, and the short supply of numerous commodities. Chief among […]
Sunwing Receives $375M Federal Emergency Loan to Preserve Jobs
Canada’s airline sector was dealt yet another blow, following Prime Minister Justin Trudeau’s latest ban on outgoing flights to warm destinations over fears of new Covid-19 strains. As a result of the additional constraints on air travel demand, Sunwing is one the first airlines to tap into the federal government’s emergency loan program. According to […]
CIBC: Post-Pandemic Population Boom Will Result in Housing Demand Surge
Despite previous calls for a housing market slowdown by the CMHC, it appears that real estate prices continue to carry their strong momentum from 2020 into the new year. Indeed, the increase in demand for housing, and subsequent surge in prices, has been the result of Canadians flocking to more spacious housing in wake of […]
UR-Energy To Conduct $13.3 Million Financing
UR-Energy (TSX: URE) (NYSE: URG) this morning announce the pricing of its underwritten public offering, indicating it intends to raise $13.3 million through the sale of units of the company. Funds from the financing will see the company maintain and enhance operation readiness for its Lost Creek in-situ recovery uranium facility in Wyoming. The financing […]
Heritage Cannabis Announces Overnight Offering, Pricing Not Yet Set
Heritage Cannabis (CSE: CANN) is halted this morning following the announcement last night that it intends to conduct an overnight marketed public offering of units. Details released yesterday were slim, with the company not providing a size for the financing as of yet. What is known about the company is that the offering is to […]