Northern Vertex Produces 9,912 Gold Equivalent Ounces In Q1 2021
Northern Vertex Mining Corp. (TSXV: NEE) announced today that it has produced 9,912 ounces of gold equivalent for the quarter ended March 31, 2021. This gold equivalent production, calculated based on a budgeted gold:silver ratio of 75:1, came from the company’s Moss Gold Mine in Arizona. Production for the quarter amounted to a 13.6% increase […]
DigiMax To Acquire 80% Stake In Crypto Hedge Fund
DigiMax Global (CSE: DIGI) has entered into a letter of intent to acquire the rights to a global crypto currency hedge fund. The fund, known as Barberton Funds SPC, is to be acquired from Scotstone Group in concert with Seneca House Fund Management. The fund is effectively focused solely on the crypto currency space, where […]
DMG Blockchain Acquires Additional Miners For Undisclosed Cost
DMG Blockchain (TSXV: DMGI) is expanding its crypto mining capacity. The company this morning announced that it has purchased an additional 3,600 bitcoin miners for an undisclosed price. The addition of 3,600 miners is expected to add an additional 360 PH/s in hashrate to the firms operations, which is to bring the current capacity of […]
Auxly Cannabis Sees Imperial Brands Grant Two Year Extension To Debentures
Auxly Cannabis (TSXV: XLY) has managed to obtain an extension to certain outstanding debts held by Imperial Brands. Announced this morning, certain amendments have been made to the debt that appear to largely be in favour of Auxly. The extension to outstanding debts dates back to a September 2019 investment into the company by that […]
SSR Mining Announces Share Buyback Program
SSR Mining Inc. (TSX: SSRM) announced this morning that it has undertaken a normal course issuer bid (NCIB) to buy back its previously issued common shares. The company may purchase the shares from April 21, 2021, through to April 20, 2022. Under the terms of the agreement, SSR Mining is permitted to buy back up […]
Kontrol Technologies Adds Danby Appliances To BioCloud Manufacturing Team
Kontrol Technologies (CSE: KNR) this morning announced that it has expanded its manufacturing team for its BioCloud products. The company has added Danby Appliances to its manufacturing supply chain, whom will conduct final assembly from its Ontario-based manufacturing centre. With the addition of Danby, Kontrol is to see manufacturing conducted by that of OES Inc […]
Equinox Gold Sells Pilar Property For $38.0 Million, 9.9% Equity Stake In Private Issuer
Equinox Gold Corp. (TSX: EQX) announced this morning that it has sold its Pilar Gold Mine in Brazil to Pilar Gold Inc, a private issuer whom is eyeing a public listing later this year. The transaction comes as Equinox right-sizes its operations following several recent acquisitions. The transaction has been made for aggregate consideration of […]
Patagonia Gold Acquires Two Argentinian Properties From Mirasol Resources
Mirasol Resources (TSXV: MRZ) has sold off certain of its Argentinian properties to that of Patagonia Gold (TSXV: PGDC). The arrangements will see two separate projects acquired by Patagonia in exchange for certain royalties and exploration and development commitments. The first project to be acquired, the Homenaje project, will see a 75%/25% joint venture entered […]
Eguana Tech Sees Itochu Corp Convert $5.0 Million Debentures To Equity
Eguana Technologies (TSXV: EGT) has seen the removal of a significant portion of debt from its balance sheet. The company this morning announced that Itochu Corporation has decided to convert certain outstanding convertible debentures into units of the company to the tune of $5.0 million. The debentures being converted by the company were initially issued […]
Hut 8 Mining Enters Power Purchase Agreement For Alberta Ops
Hut 8 Mining (TSX: HUT) this morning announced the finalization of a power purchase agreement. The agreement, entered into with Validus Power Corp, will see the company secure power take-offs for its Alberta-based operations. Under the terms of the arrangement, Hut 8 has secured an initial 100 MW of new power from Validus, with the […]