Red White & Bloom Looks To Expand Florida Operations Ahead Of Transaction Closing
It appears Red White & Bloom (CSE: RWB) is looking to hit the ground running in Florida. The company this morning announced that it has purchased equipment to expand the cultivation capacity of operations in Florida upon anticipation of the transaction closing in the current quarter. More specifically, Red White & Bloom has acquired what […]
Graph Blockchain Places Further $2.0 Million Into Altcoins For Proof Of Stake
Graph Blockchain (CSE: GBLC) this morning issued a brief news release, indicating that it has taken further steps to improve its staking in altcoins. The firm has placed an additional $2.0 million into such alternative digital currencies. The $2.0 million figure was split between three separate currencies. First and foremost, the firm has placed an […]
Vizsla Reports Results From Eighteen Holes At Napoleon Vein Corridor
Vizsla Silver Corp (TSXV: VZLA) this morning reported further drill results from its Napoleon Vein Corridor at its flagship Panuco silver-gold project in Mexico. Results released this morning consisted of eighteen new holes from the main zone, which when combined with prior results, indicated an average vein width of 4.0 metres true width. Perhaps more […]
EV Shares Soar Following Tesla’s Better-Than-Expected First Quarter Deliveries
The global EV sector appears to be set for a further price rally, following Tesla’s better-than-expected delivery numbers that were released on Friday. On Monday, Tesla shares soared by more than 7%, adding an increase of $50 billion to its market cap, after the EV maker published its record deliveries on Friday. Tesla reportedly delivered […]
Organigram Quietly Announces $58.5 Million BMO Debt Repayment
Organigram Holdings (TSX: OGI) (NASDAQ: OGI) on Thursday quietly announced that they had repaid outstanding facilities with the Bank of Montreal. This payoff comes just months after the company amended the debt terms in November 2020. While it is not explicitly stated within the news release, it appears that the Bank of Montreal may have […]
LG to Cease Production of Smartphones Following Years of Financial Losses
A nostalgic era is coming to an end: LG Electronics has announced it will cease production of its smartphones, following what have been years of significant financial losses in a very competitive market. Although the move has been rumoured over the past several weeks, the electronics giant confirmed that its board of directors approved the […]
Marc Chandler: Dollar To Remain Strong In The Short Run – The Daily Dive
Starting off the trading week on The Daily Dive is that of Marc Chandler, whom runs Marc to Market and is Chief Market Strategist at Bannockburn Global Forex. Marc joins us this afternoon to discuss his thoughts on the strength of the dollar and the impact of the expiring SLR exemption, as well as his […]
Air Canada: BMO Reiterates Price Target Following Scrapping Of Air Transat Deal
On Friday, Air Canada (TSX: AC) announced that they had agreed to terminate their acquisition of Transat A.T. The company originally announced the acquisition back in June of 2019, after which the two companies amended the terms twice, once in August 2019 and October 2020. As of Friday, they will now not go through with […]
GoGold Resources: A Strong Balance Sheet & Positive Operating Cash Flow
On March 31, GoGold Resources Inc. (TSX: GGD) announced constructive assay results from the seven holes it drilled in the El Orito area of its Los Ricos North project in the Mexican state of Jalisco. GoGold is a junior silver miner whose sole focus is Mexico. In particular, one hole intersected 11.4 meters with a silver […]
Skylight Health Acquires Colorado Based Primary Care Clinic Group
Skylight Health (TSXV: SHG) this morning announced the closing of the acquisition of Rocky Mountain Health Care, a primary care provider in the state of Colorado. The acquisition sees Skylight bring seven additional primary and urgent care centres into its portfolio, with centres in both Boulder and Denver. The firm was reportedly acquired for a […]