Lucid Motors CEO Targets 577 Electric Cars For 2021, Won’t Commit To 20,000 Target For 2022
Lucid Motors (NYSE: CCIV) CEO Peter Rawlinson announced in a recent CNBC interview that the company is currently targeting production of over 577 of the Lucid Air electric vehicle models for 2021. This, as per the CEO, leaves the company “on track” for their plan. When asked about targeting 20,000 vehicles for 2022, Rawlinson instead […]
Hut 8 Mining Files For Nasdaq Listing
Hut 8 Mining Corp. (TSX: HUT) announced today that it filed its F-10 form in March as part of its plans to join the Nasdaq big board. Form F-10 is required by the Securities and Exchange Commission to allow Canadian publicly traded companies to register and sell securities in the United States. According to Jaime […]
Exploits Discovery Sees New Found Gold, Eric Sprott Expand Stake In Company
Exploits Discovery (CSE: NFLD) has seen further validation from major investors. The company this morning announced that it is conducting an $8.0 million non-brokered financing, with the financing being subscribed to exclusively by New Found Gold (TSXV: NFG) and Eric Sprott. The financing will see each of New Found Gold and Eric Sprott subscribe to […]
LevelJump Healthcare Closes $1.5 Million Strategic Financing
LevelJump Healthcare (CSE: JUMP) this morning announced the closing of a previously announced financing with strategic investors. The financing saw the company raise a total of $1.5 million from the sale of units of the company. Under the terms of the financing, each unit sold contained one common share and one common share purchase warrant […]
Crescent Point Reports $21.7 Million In Net Income For Q1 2021
Crescent Point Energy Corp. (TSX: CPG) released today its Q1 2021 financial results, which saw the company produce an average of 119,384 boe/d. This is a decrease from Q1 2020’s average daily production of 141,330 boe/d. This quarter’s average daily production consisted of 95,276 bbls/d of crude oil, 13,319 bbls/d of NGLs, and 64,732 mcf/d […]
Ayurcann Expands Into Adult Use Markets With Partnership
Ayurcann Holdings (CSE: AYUR) this morning announced its entrance to the adult use market within Canada. The entrance follows the firm entering into an exclusive partnership with Kindred Partners for the distribution of its products across Canada. The arrangement will see the specialty cannabis brokerage place Ayurcann’s products in retail locations across Canada, enabling the […]
Adventus, Salazar Intersect 11.55% Copper Equivalent Over 16.86 Metres At El Domo Deposit
Adventus Mining Corporation (TSXV: ADZN) and Salazar Resources Limited (TSXV: SRL) announced this morning the drill results from the El Domo volcanogenic massive sulphide deposit within its Curipamba project in central Ecuador. The results highlighted intersecting 11.55% copper equivalent over 16.86 metres. Highlights of the drill results announced today include: CURI-378: 11.55% CuEq (3.38% copper, […]
High Tide Announces 15 To 1 Reverse Split
High Tide Inc (TSXV: HITI) this morning announced that it will be conducting a reverse split, also known as a share consolidation, to enable it to meet the requirements of listing on the Nasdaq. The company currently anticipates that it will begin trading on the US big board later this month, under the symbol “HITI”. […]
Eguana Tech Readies For First Production Of 10kW Evolve Battery Pack
Eguana Technologies (TSXV: EGT) continues to forge ahead with the development of its Evolve energy storage system. The company this morning announced that its 10kW Evolve product has now completed construction review, and is now pushing ahead to final certification. The news is welcome to investors, with the development of the 10kW pack moving along […]
MustGrow Sees Positive Results From Greenhouse Trials Against Root Rot Disease
MustGrow Biologics (CSE: MGRO) this morning reported the results of greenhouse trials with its mustard-derived biopesticide known as TerraMG. Trials were conducted via an independent third party to determine the effectiveness of the formulation against aphanomyces euteiches, which is more commonly known as root rot. Within the greenhouse trials, plants that were treated with MustGrow’s […]