Exploits Looks To Drill Schooner, Jonathan’s Pond Gold Properties
Exploits Discovery (CSE: NFLD) is looking to begin drilling its properties. The company this morning announced that it has submitted drilling permit applications for both its Jonathan’s Pond and Schooner gold projects, located within the exploits subzone of Newfoundland. Applications submitted outline a total drill program of 6,000 metres and consisting of a total of […]
Aleafia Health Repays Debentures, Releases Extremely Vague Commentary On Q4 Results
Aleafia Health (TSX: AH) confirmed this morning that, as previously announced, the company has managed to pay of its 8% unsecured convertible debentures that came due today. In total, the payment is believed to have amounted to $25 million. The company also revealed this morning that it achieved “record cannabis net revenue” in the fourth […]
Stem Holdings To See Driven Deliveries Shares Converted On February 4
The final steps of Stem Holdings (CSE: STEM) acquisition of Driven Deliveries (OTC: DRVD) are now taking place following the previous close of the transaction. The company this morning announced that all outstanding shares of Driven will be converted to Stem shares as of February 4, 2021. Upon closing, the resulting company is expected to […]
Sundial Growers Announces US$74.5 Million Financing Days After Raising US$100.0 Million
Sundial Growers (NASDAQ: SNDL) is certainly taking advantage of its frothy market, this morning announcing that it is conducted a US$74.5 million registered offering. The announcement follows a US$100.0 million offering conducted by the company just last week. The financing will see the company again sell two series of securities. Sundial intends to sell 60.5 […]
Noram Ventures Hits 36.6 Metres Of 1121 PPM Lithium At Zeus
Noram Ventures (TSXV: NRM) this morning announced the completion of drill hole CVZ-63, for which the company has now received assays for. Drilled to a total depth of 98.1 metres, the company reported 36.6 metres of mineralization with an average lithium content of 1121 ppm lithium. The hole is located on the eastern edge of […]
CME Group Raises Silver Margin Requirements 17.8% Following Volatility
In an attempt to quell the recent volatility experienced in the silver markets, the CME Group, whom operates the COMEX where silver futures trade, has raised margin requirements for futures contracts of the precious metal. This comes on the back of the metal rising from spot prices of $25.27 last Wednesday to as high as […]
US Corruption Soars to Highest Since 2012 Following Unprecedented Covid-19 Stimulus Spending
It has been nearly a year since the coronavirus pandemic caused historic economic contractions around the world, unleashing unprecedented government stimulus spending in response. However, the pandemic has yet to show signs of dissipating, and with talks of additional bailout packages not happening anytime soon, one begs the question: have the funds been appropriately allocated […]
Valens Company: Analysts Downgrade Company Following Reduced Guidance
The Valens Company (TSX: VLNS) experienced a pretty wild second half of January, and analysts have a lot to say about it. It began on January 19th, when Valens provided a financial update where they pre-announced fourth-quarter revenue at C$17 – $18.5 million and guided for first quarter 2021 revenues of C$19-$23 million. They also […]
Gareth Soloway: Small Caps To Stay Hot – The Daily Dive
Starting off the week on The Daily Dive is that of Gareth Soloway of InTheMoneyStocks. Gareth joins our host Cassandra Leah to discuss that of small caps, stimulus, Robinhood, Tesla and more. Within, Gareth covers a wide range of topics as they pertain to markets and market sentiment. An experienced trader of over two decades, […]
Baidu USA Receives Driverless Vehicle Permit from California DMV
The race for electric and autonomous vehicles appears to really be heating up, especially in the state of California. Baidu USA, the Beijing and Silicon Valley-based autonomous vehicle research and design company, has been granted a permit from the Department of Motor Vehicles to begin conducting tests on self-driving cars on public roads. According to […]