Bank of Canada to End Pandemic-Related Liquidity Programs
The Bank of Canada has issued further insight into its plans to gradually withdrawal support as Canada’s economic recovery continues to accelerate, giving rise to expectations that the plan could be put into motion as early as next month. In a virtual speech to the CFA Society on Tuesday, deputy governor Toni Gravelle said the […]
Bank of Canada Raises Alarm Over FOMO Pushing Housing Prices Higher
The Bank of Canada remains optimistic with regards to the ongoing economic recovery, with plans to curtail several emergency programs introduced at the height of the Covid-19 crisis as early as next month. Simultaneously, however, the central bank is also sounding the alarm over Canada’s housing market, which has been running hot as “fear of […]
Robinhood Covertly Files for US IPO
Fresh from its discomfiting Congressional hearing and onslaught of scrutiny from retail trading fanatics over its decision to halt trading in popular meme stocks, Robinhood has confidentially filed for an IPO with the SEC, according to people familiar with the matter. Although Robinhood previously revealed it was planning to file for an IPO sometime this […]
Graph Blockchain To Raise $10 Million From Institutions
Graph Blockchain (CSE: GBLC) last night announced that it will be conducting a private placement with institutional investors. The financing will see a total of $10.0 million raised in a financing lead by HC Wainwright & Co. Under the terms of the financing, units will be sold at a price of $0.13 per each, with […]
Trillium Gold Completes 3,484 Metres To Date At Rivard
Trillium Gold Mines (TSXV: TGM) this morning provided an update for its ongoing drill program at its Rivard property, which is on the southwest portion of the firms flagship Newman Todd property. The company revealed that a total of 3,484 metres have been drilled thus far. A total of seven drill holes have been completed […]
BIGG Digital To Raise $25.0 Million In Bought Deal Financing
BIGG Digital Assets (CSE: BIGG) this morning announced that it will be conducted a $25.0 million bought deal financing. The financing, lead by PI Financial, will see a total of 12.0 million units of the company sold. Units to be sold under the offering are priced at $2.10 per each, with each unit containing one […]
Max Resource Sees Samples Assay 12.5% Copper, 83.5 G/T Silver At Conejo Discovery
Max Resource Corp (TSXV: MXR) reported assay results from samples collected at its new Conejo discovery at Cesar North, which is part of its larger Cesar copper-silver property in northern Colombia. Highlight results include a sample assaying 12.5% copper and 83.5 g/t silver over 5 metres by 5 metres. The sampling program conducted by the […]
Nouveau Monde Graphite Shareholders Approve 10 To 1 Reverse Split
Nouveau Monde Graphite (TSXV: NOU) this morning announced that it has been granted shareholder approval for a share consolidation. The consolidation is being sought as the company looks to pursue a listing on a US stock exchange. Having received shareholder approval from 98.43% of shareholders, the company will now be implementing a one for ten […]
Pegasus Resources Enters Option To Acquire Millionara Property In Nevada
Pegasus Resources (TSXV: PEGA) has entered into an option agreement this morning to acquire property in Nevada. Referred to as the Millionara Property, the company may acquire up to a 100% interest in the gold property from that of National Treasure Corp. The Millionara property is located north of Elko, Nevada, within the Independence Gold […]
Bitfarms Improves Hashrate To 1.2 EH/s
Bitfarms (TSXV: BITF) this morning provided a corporate update on the status of its digital currency mining operations, revealing that it has achieved an installed hashrate of 1.2 EH/s. More significantly however, the firm has entered into an arrangement to put older-generation equipment into service at other locations in the US. The arrangement, entered into […]