QYOU Media Sees Television Ratings Nearly Triple In Eight Weeks
QYOU Media (TSXV: QYOU) has seen explosive growth for its flagship channel, The Q India, as a result of recent distribution deals it inked with DD Free Dish and Dish TV. The company this morning provided an update on its latest BARC score, which is similar to a Neilsen rating, indicating its gross rating points […]
Kirkland Lake Beats Guidance, Producing 302,857 Ounces Of Gold In Q1 2021
Kirkland Lake Gold (TSX: KL) this morning announced its production results for the first quarter of 2021, with production strongly beating prior guidance. A total of 302,847 ounces were mines during the quarter, as compared to guidance of 270,000 to 290,000 ounces. The guidance beat by the company follows higher than expected production at both […]
Osisko Metals To Conduct $5.0 Million Flow Through Financing
Osisko Metals (TSXV: OM) is apparently looking for further funding. The company this morning announced that it has entered into an agreement with Haywood Securities to conduct a best efforts private placement of flow through shares to the tune of $5.0 million. Under the terms of the financing, the company will look to sell up […]
Frontier Lithium Acquires 2.5% NSR For Pak Lithium Project
Frontier Lithium (TSXV: FL) this morning announced that it has acquired the net smelter royalty that was outstanding on its flagship PAK Lithium Project. The royalty, or NSR, was acquired via the payment of a combination of both cash and shares. The repurchase of the royalty didn’t come cheap in terms of upfront costs, with […]
DeFi Technologies To Conduct Share Buyback Program
DeFi Technologies (NEO: DEFI) has begun a share buyback program. The company this morning announced the launch of a normal course issuer bid, with the program to be facilitated by PI Financial Corp. Under the terms of the NCIB, the company is eligible to repurchase up to 9.7% of the outstanding shares, which equates to […]
Vinergy Capital Announces $1.5 Million Financing For Digital Currency Investment Program
Vinergy Capital (CSE: VIN) this morning announced that it will be conducting a private placement at a notable discount to yesterdays closing pricing. The company will be raising a total of $1.5 million in what has been labeled as a “strategic financing.” The financing will see the company raise a total of $1.5 million through […]
High Tide Files $100.0 Million Preliminary Base Shelf Prospectus
High Tide (TSXV: HITI) last night announced the filing of a preliminary short form base shelf prospectus. The filing will enable the company to raise up to $100.0 million in aggregate gross proceeds over a 25 month period. The company did not indicate how soon it intends to raise funds under the prospectus, however it […]
Uranium Energy Corp Closes $12 Million Financing
Uranium Energy Corp (NYSE: EUC) this morning announced the closing of a registered direct offering. The offering saw the company raise total gross proceeds of $12.0 million. Under the terms of the financing, a total of 3.6 million shares of the company were sold at a price of $3.30 per share, with no warrant attached […]
Stem Holdings Reports Preliminary Q2 Revenues Of US$12.9 Million
Stem Holdings (CSE: STEM) this evening released a corporate update. Contained within, among other items, was preliminary financial results for the first full quarter of combined sales between Stem and their recent acquisition of Driven Deliveries. For the full quarter ended March 31, 2021, the company is currently anticipating quarterly gross revenues of US$12.88 million, […]
Canada’s Bank Regulator Proposes Tighter Mortgage Rules Amid Booming Housing Market
Canada’s main banking regulator, the Office of the Superintendent of Financial Institutions (OSFI), has proposed new mortgage qualification rules that would make it tougher for potential homebuyers to obtain financing. The OSFI has announced it is looking to introduce a new benchmark interest rate that would determine if potential homebuyers qualify for an uninsured mortgage […]