Vision Lithium Completes $3.6 Million Financing
Vision Lithium Inc. (TSXV: VLI) this morning reported that it has completed the previously announced private placement for aggregate gross proceeds of $3.6 million. The offering was completed via both flow through and non-flow through units. The offering consisted of 15.1 million flow-through units priced at $0.22 per unit. Each unit is composed of a […]
Jushi Holdings Delays Audited Financial Results, Releases Unaudited Figures Instead
Jushi Holdings (CSE: JUSH) evidently will not be filing its fourth quarter financials on time. The company this morning blamed its auditors on being behind as the reason for the delay, with financials not expected to be released until May 24, 2021 currently. As a result of the delay, the company this morning announced its […]
Orefinders Resources Sees Kirkland Lake Gold Take 9.9% Stake In Company
Orefinders Resources Inc (TSXV: ORX) has seen Kirkland Lake Gold (TSX: KL) acquire a 9.9% stake in the company as part of a larger transaction that will also see a number of properties optioned to the major gold producer. The arrangement will see Kirkland Lake subscribe to a private placement financing to the tune of […]
Snap: Analysts Call For Company To Hit Guidance For Q1
Snap Inc (NYSE: SNAP) will be reporting their first quarter on April 22nd after market close. Analysts have a consensus $74.76 12-month price target on the company, via a total of 39 analysts, with nine analysts having strong buy ratings. 21 analysts meanwhile have buy ratings, eight have hold ratings and one analyst has a […]
Long-End of Canadian Yield Curve Sent Soaring on Plan to Issue Record Debt
Canada’s federal government plans to issue a a record level of long-term debt in 2021, despite the decline of financing requirements. According to the latest budget documents, the federal government is expected to issue a record $121 billion worth of bonds slated to mature in 10 years or more, marking a significant increase from the […]
Frank Holmes: Inflation Is Greatly Understated
For today’s episode of the Daily Dive we’re joined by Frank Holmes, CEO of US Global Investors, and Executive Chairman of Hive Blockchain Technologies (TSXV: HIVE). Frank joins us this afternoon to discuss the misinformation surrounding inflation and his take on the current sentiment of gold and related commodities. Frank also provides his insighs on […]
Southwest Airlines: Analyst Consensus Estimates For Q1 2021
Southwest Airlines (NASDAQ: LUV) will be reporting their first quarter results on April 22nd before the opening of markets. Analysts have a consensus $68.76 12-month price target on the company, via a total of 20 analysts, with five analysts having strong buy ratings. 11 analysts meanwhile have buy ratings and four analysts have hold ratings. […]
Canada’s 2021 Budget: Liberals Unveil $101.4 Billion in New Spending
After running what has been one of the largest deficits among all developed economies last year, Finance Minister Chrystia Freeland on Monday announced an additional $101.4 billion in government spending measures over the next three years to help the country fully recover from the Covid-19 pandemic. Prime Minister Justin Trudeau’s government is potentially setting itself […]
Jushi Holdings To Acquire Ohio Licensed Cultivator For $5.0 Million
Jushi Holdings Inc. (CSE: JUSH) announced today that it has signed a definitive binding agreement to acquire OhiGrow LLC and Ohio Green Grow LLC. The acquisition price is reported at $5.0 million, to be paid in cash. Jushi Holdings is set to acquire the Ohio-based licensed cannabis cultivator, including the latter’s approximately 10,000 sq. ft. […]
Discovery Silver Hits 165 G/T Silver Equivalent Over 128.2 Metres At Cordero
Discovery Silver Corp. (TSXV: DSV) announced today the results of drilling at its Cordero silver project in Chihuahua State, Mexico. The highlights of the 13-diamond drill hole results include intersecting 165 g/t silver equivalent over 128.2 metres. The drill holes reported are part of a Phase 1 drill program slated to be completed by the […]