American Lithium Receives US Government Grant For Lithium Processing Plant
American Lithium (TSXV: LI) has received a government grant related to the development of a lithium extraction and hydroxide pilot plant in Nevada from the US Department of Energy. The firm was a co-receipt of the grant, which was awarded to both the company as well as its partners, including American Battery Technology. The grant […]
Skylight Health Announces Additional Acquisitions, Details Vague
Skylight Health Group (TSXV: SHG) this morning announced that it will be acquiring three US-based primary care practices, while being extremely vague on details. The three practices appear to be independent of one another, with each currently having letters of intent in place. What is known, is that the acquisitions will reportedly add over $10.0 […]
Canada Nickel Delays PEA Until April Following Further Positive Recovery Tests
Canada Nickel Corp (TSXV: CNC) this morning announced that it will be delaying the release of its preliminary economic assessment yet again for their flagship Crawford nickel-cobalt sulphide project. The delay this time is a result of positive metallurgical testing results. This marks the second time the company has delayed the PEA for the property, […]
Pure Extracts Applies For Dealers License With Health Canada
Pure Extracts (CSE: PULL) continues to focus on the development of its mushroom-related operations in addition to cannabis. The company this morning announced that it ahs submitted an application for its Dealer’s License to Health Canada. Submitted by the firms wholly owned subsidiary, Pure Mushrooms Corp, the license will enable a number of activities to […]
Relay Medical Acquires Cybersecurity Firm Cybeats Technology
Relay Medical (CSE: RELA) this evening announced that it is looking to strengthen its cybersecurity abilities. The company is acquiring that of Cybeats Technologies, whom is focused on internet of things and connected device security. Cybeats has built an intengrated security platform that is designed to secure and protect connected IoT devices. The firms approach […]
Lucid Motors SPAC A Potential Red Flag For Valuations In The Electric Vehicle Industry
A special purpose acquisition company (SPAC) deal that was finalized on February 22 between Churchill Capital IV (NYSE: CCIV) and the private luxury electric vehicle (EV) start-up company, Lucid Motors, could be a red flag for the generous valuations accorded to many pre-revenue participants in the EV space, including car makers and junior miners. On February […]
Kirkland Lake Gold: Analysts Reiterate Targets Following Financing Results
Last week, Kirkland Lake Gold (TSX: KL) announced their fourth quarter and full year 2021 results. The company reported a record quarterly production of 369.4 thousand ounces, with net earnings of $232.6 million and an $0.86 net earnings per share. For the full year, they reported 1.37 million ounces produced with net earnings of $787.7 […]
Rob McEwen: Electrification Of The World Needs Metal And Mining – The Daily Dive
Today on the Daily Dive, our host Cassandra Leah sits down with famed Canadian businessman Rob McEwen, Chairman and Chief Owner of McEwen Mining (TSX: MUX). Rob joins us this afternoon to talk his price target on gold, the silver market, and the vengeance of the retail investor. Rob McEwen is currently the Chairman of […]
Rocket Companies Inc Shares Soar by Over 70% as WallStreetBets Continue to Squeeze Hedge Funds
The WallStreetBets community appears to be at it again: Rocket Companies Inc (NYSE: RKT), a US online mortgage provider, has seen its stock soar by more than 70% on Tuesday, after it caught bullish interest despite not releasing any recent news. Rocket Companies currently has a significant amount of short bets placed against it by […]
Mortgage Rate Spike Threatens to Derail US Housing Boom
The pandemic sparked a real estate boom that was fuelled by record-low mortgage rates, work-from-home flexibility, and a cascade of city-dwellers looking to find refuge in rural areas from soaring Covid-19 infections. The mismatch between the low supply of homes and strong demand for housing caused prices to surge at the fastest pace since 2014, […]