Oro X Mining Releases Terms For $14.0 Million Financing
Oro X Mining (TSXV: OROX) this morning announced the pricing of a private placement being conducted in connection with its acquisition of Latitude Silver. To be conducted through a subsidiary of Latitude, the financing will see the firm look to raise a minimum of $14.0 million in connection with the completion of the combination of […]
Empower Clinics Raises Further $1.5 Million From Warrant Exercises, Receives License From Health Canada
Empower Clinics (CSE: CBDT) this morning released a company update covering numerous topics, including recent data on warrant exercises, the status of certain applications with Health Canada, and lease arrangements for both its planned health centres in Ontario and its Kai Lab subsidiary. Most notably, the company has seen $1.5 million in proceeds from recent […]
Neptune Digital, Link Global Enter LOI For Development Of Renewable Energy Bitcoin Mining Facility
Neptune Digital Assets Corp (TSXV: NDA) has entered a letter of intent with Link Global Tech (CSE: LNK). The arrangement between the two firms is set to see the co-development of a 5MW renewable energy Bitcoin mining facility in Alberta in an apparent attempt to grab dollars from investors focused on ESG principles. The arrangement […]
Revive Therapeutics Reports Successful Results Using Psilocybin To Treat Traumatic Brain Injury
Revive Therapeutics (CSE: RVV) this morning revealed that it has received positive results for a pre-clinical study that evaluated the efficacy of psilocybin in the treatment of mild traumatic brain injury. The pre-clinical trial was conducted in a rodent model of such an injury. Conducted by the National Health Research Institute, the study focused on […]
K92 Mining Operations Impacted By New Restrictions, Incident At Site
K92 Mining (TSX: KNT) late last night announced that it is seeing certain production issues at its flagship Kainantu operation in Papua New Guinea. The company has seen negative developments as a result of the ongoing pandemic, as well as an incident on site that is set to reduce operations in the near term. In […]
First Helium Closes $9.2 Million Private Placement Ahead Of Go-Public
First Helium announced this morning that it has closed its previously announced private placement. The financing raised gross proceeds of $9.2 million in the form of subscription receipts ahead of the firms planned public listing on the TSX Venture. The financing saw subscription receipts sold at a price of $0.35 per each, with each subscription […]
IEA: Global Crude Demand Will Never Reach Pre-Pandemic Growth
The global demand for oil is not expected to reach pre-pandemic levels until at least 2023, and will likely never surpass its previous growth trajectory as climate change initiatives and changing work habits force a permanent shift away from fossil fuels. According to the International Energy Agency’s (IEA), fuel consumption is forecast to reach around […]
Bitcoin: The World’s First ETF – The Daily Dive feat Gregory Taylor
Today on the Daily Dive, host Cassandra Leah sits down with that of Gregory Taylor, whom is Chief Investment Officer at Purpose Investments. Gregory joins us this morning to discuss the world’s first bitcoin ETF, which was launched by his firm, and the mechanics behind launching an ETF based on a digital currency. Purpose Investments […]
Eguana Tech: Stifel-GMP Initiates Coverage With $0.85 Price Target
Eguana Technologies (TSXV: EGT) has been given its first analyst recommendation. The first investment bank to cover this name is none other than Stifel-GMP, with a C$0.85 price target and buy rating. Ian Gillies, Stifel-GMP’s analyst headlines, “Initiating coverage with a BUY rating: Powering up and ready to distribute.” One of the points Gillies talks […]
Canadian Inflation Rose To 1.1% Amid Rising Gasoline Prices
Price pressures are beginning to show signs of materializing, as Canada’s inflation level crept up to the highest since the onset of the pandemic amid a surge in gasoline prices. According to Statistics Canada’s latest CPI print, annual inflation rose at a faster pace year-over-year, increasing from 1% to 1.1% in February. Although economists surveyed […]