Cansortium Posts $52.4 Million Revenue, $36.6 Million Operating Loss For 2020
Cansortium Inc. (CSE: TIUM.U) reported today its financial results for full-year 2020. The company earned $52.4 million in revenue for the year, an 84% increase from 2019’s $28.5 million revenue. A notable 88.5% slice of this 2020 revenue came from its Florida operations, which recorded $46.4 million in revenue. This is a notable climb from […]
Xander Resources Discovers Lithium Geology On Val-d’Or Property
Xander Resources (TSXV: XND) has discovered the potential for lithium on its property. The company this morning reported that lithium geology has been discovered on its Senneville Group of Claims property in Val-d’Or, Quebec. The lithium geology is reportedly located on the western side of the property, within the fringe of the LaCorne Bathoith. Mineralization […]
DigiMax Takes 15% Stake In Kirobo For US$5.0 Million
DigiMax Global (CSE: DIGI) this morning revealed that it has made a US$5.0 million strategic investment into Kirobo, an Israel-based cryptocurrency solutions developer. The investment is reportedly being made in advance of the launch of several features which will now be incorporated into DigiMax’s AI system. Kirobo reportedly has developed solutions to certain issues associated […]
Denison Mines Offers To Acquire JCU Canada For $40.5 Million
Denison Mines Corp. (TSX: DML) announced today that it has sent a binding offer to Overseas Uranium Resources Development Co., Ltd. to acquire its wholly-owned subsidiary, JCU (Canada) Exploration Company, Limited. Denison’s offer seeks 100% ownership of JCU. As part of the offer, Denison’s consideration for the acquisition includes cash payments of up to $40.5 […]
Psyched Wellness Signs Two Year Supply Agreement For Amanita Muscaria
Psyched Wellness (CSE: PSYC) this morning had a brief announcement. Within, the company revealed that it has entered into a supply agreement for Amanita Muscaria, the functional mushroom in which it has focused its research efforts. The supply agreement has been entered into with that of MB MEMEL GOODS, a firm based in Lithuania that […]
Orefinders Closes 9.9% Investment By Kirkland Lake Gold
Orefinders Resources Inc. (TSXV: ORX) announced today that it has closed the previously announced private placement financing conducted with Kirkland Lake Gold Ltd. (TSX: KL). The transaction saw Kirkland take a 9.9% interest in Orefinders. Orefinders issued a total of 24.4 million common shares at $0.10 per share, putting the total gross proceeds at $2.44 […]
Aris Gold Announces 10,000 Metre Drill Program At Juby Project
Aris Gold Corp (TSX: ARIS) this morning announced that it has begun planning for a drill program on its Juby Project within the Abitibi greenstone belt of Ontario. The program is expected to consist of a total of 10,000 metres of drilling. The initial drill program is set to begin in the third quarter of […]
PowerBand Solutions Secures US$2.0 Billion In Lease Lines For EVs
PowerBand Solutions (TSXV: PBX) this morning revealed that it has secured two additional credit facilities. The facilities, which are more specifically classified as lease lines, total US$2 billion in aggregate and are intended for the use of electric vehicle leasing. The lease lines take the form of two US$1.0 billion lines, provided by Unify Financial […]
New Found Gold Hits 124.4 G/T Gold Over 17.7 Metres
New Found Gold (TSXV: NFG) continues to intersect bonanza grade gold at the Keats Zone of its wholly owned Queensway Project in Newfoundland. The company this morning reported an intersection consisting of 124.4 g/t gold over 17.7 metres within one of the latest drill holes conducted at the property. A total of four holes were […]
Starr Peak Intersects 23.82% Zinc Equivalent Over 12.10 Metres
Starr Peak Mining (TSXV: STE) this morning released drill results from its ongoing drill program at its NewMetal property within the Abitibi greenstone belt. Highlights from the results released this morning include 12.10 metres of 20.94% zinc, 0.43% copper, 39.58 g/t silver and 0.21 g/t gold within hole STE-21-08. Results from a total of five […]