Canadian Manufacturing Sales Jump 3.5% in March
Manufacturing sales jumped higher in March, as Canada’s economy continues to recover from the Covid-19 pandemic. According to Statistics Canada, manufacturing sales rose 3.5% to $57.8 billion in March, marking the highest level since June 2019 as sales increased across 17 of the 21 industries. The the motor vehicle, petroleum and coal and food product […]
Evolve Taps Nuvve, Stonepeak To Launch Electric Vehicle Joint Venture
Evolve Transition Infrastructure (NYSE: SNMP) announced today an agreement entered into with vehicle-to-grid platform developer Nuvve Holding Corp. (Nasdaq: NVVE) and equity firm Stonepeak Partners. The agreement will see a joint venture focused on accelerating the deployment of electric fleets through vehicle-to-grid hubs and transportation-as-a-service. The joint venture, called Levo Mobility, is expected to initially […]
Questor Records $1.5 Million In Revenue, $0.9 Million Loss For Q1 2021
Questor Technology Inc. (TSXV: QST) shared this morning its financial results for Q1 2021, highlighting revenue of $1.5 million. This is a significant 66% decline from Q1 2020’s revenue of US$4.5 million. The company said that its operations are still impacted by the economic slowdown due to the pandemic. Equipment sales declined to $0.9 million […]
The Parent Company Invests $50 Million In Glass House, Signs LOI’s For Supply Arrangements, Retail Distribution
TPCO Holdings (NEO: GRAM.u), whom does business as The Parent Company, is evidently looking to grow its stake in the California market. The company this morning announced that it is making a US$50 million investment into Mercer Park Brand Acquisition Corp (NEO: BRND.a.u), which is the SPAC behind Glass House Group. The arrangement will see […]
Mirasol Resources Intersects 625.0 G/T Silver Over 10.8 Metres At Virginia Silver
Mirasol Resources Ltd. (TSXV: MRZ) announced this morning the drill results from the Virginia Silver Project, located in Santa Cruz province, Argentina. The results, including intersects of 625.0 g/t silver over 10.8 metres, give the company a reason to believe that a new high-grade zone has been discovered at the Ely Central target of the […]
PharmaTher Receives FDA Approval For Ketamine Trial For Parkinson’s
PharmaTher Holdings (CSE: PHRM) has seen the US FDA approve the firms application for an investigational new drug. The approval relates to a phase 2 clinical trial to evaluate the use of ketamine in the treatment of levodopa-induced dyskinesia in patients with Parkinson’s disease. With the approval now in hand, the company currently anticipates that […]
Galaxy Digital Posts US$849.7 Million Net Income For Q1 2021
Galaxy Digital Holdings Ltd. (TSX: GLXY) released today its Q1 2021 financial results, which saw the company posting an income of US$849.7 million. This is an increase from Q1 2020’s losses of US$30.5 million, and a significant improvement over the $336 million recorded in the prior quarter. The company attributes the increase to net realized […]
Curaleaf Drops $67 Million On Colorado Acquisition
Curaleaf Holdings (CSE: CURA) is looking to become the largest Colorado cannabis cultivator, announcing this morning that it has entered into an agreement to acquire the Los Suenos Farms and related entities. The transaction as a whole is pegged at $67 million. The acquisition will see the company acquire three outdoor cannabis cultivation facilities within […]
Trillium Gold Releases Additional Drill Results At Newman Todd
Trillium Gold Mines (TSXV: TGM) this morning reported further results from its 2021 exploration program at its flagship Newman Todd property in the Red Lake region of Ontario. A total of six drill hole assays were released by the company this morning. Results released this morning come from six holes that were drilled on the […]
New Pacific Metals Approved To List On The NYSE
New Pacific Metals Corp. (TSX: NUAG) announced today that it has received approval to list its shares on the NYSE. The company expects to commence trading on the American big board on May 20. The company will join the New York-based stock exchange under the ticker symbol “NEWP”. Its current listing on the OTCQX under […]