Fission Uranium To Conduct $30 Million Bought Deal
Fission Uranium Corp. (TSX: FCU) announced this morning that it will be conducting a bought deal offering for gross proceeds of $30.0 million. The arrangement was entered into with a syndicate of underwriters led by Eight Capital and Sprott Capital Partners LP. Under the terms of the agreement, Fission Uranium will be offering 50 million […]
Tilray, Aphria Closes $8.2 Billion Merger Arrangement
Tilray (NASDAQ: TLRY) and Aphria (TSX: APHA) (NASDAQ: APHA) have formally closed their previously announced merger arrangement. The closing follows the approval from Tilray’s shareholders being received on Friday. The merger was pegged at a figure of $8.2 billion, based on the closing prices of the two firms on Friday. As of today, Aphria has […]
Voyager Digital Records Over 130,000 New Funded Accounts In April
Voyager Digital Ltd. (CSE: VYGR) reported today in its April 2021 update that it added over 130,000 new funded accounts to its platform for the month. The company also indicated that the value for its assets under management now exceeds US$3.3 billion. The company said that this volume of new user onboarding is “at a […]
Revive Therapeutics Partners With UCSF To Study Bucillamine For Severe COVID-19
Revive Therapeutics (CSE: RVV) this morning had a major announcement, in that it has entered into a sponsored research agreement with the University of California, San Francisco. The arrangement will see Bucillamine explored as a potential treatment for severe COVID-19. The research conducted on Bucillamine is to be conducted in the lab of Dr John […]
Wealthsimple Raises $750.0 Million At A $5.0 Billion Valuation
Online investment management firm Wealthsimple announced this morning that it has agreed to a $750.0 million financing round at a $5.0 billion valuation. This funding round was led by venture capitalists Meritech Capital Partners and Greylock Partners, and participated by a host of celebrities including Drake, Michael J. Fox, and Ryan Reynolds. The fundraising consists […]
TechX Acquires Fiat-to-Crypto Gateway Platform For $5.0 Million
TechX Technologies Inc. (CSE: TECX) announced this morning that it has acquired a 100% interest in fiat-to-crypto merchant services gateway solution XPort Digital Limited. The acquisition, announced by the company on March 2, 2021, is priced at $5.0 million. XPort Digital is focused on gateway solutions, including fiat to crypto purchasing, DeFi swaps, wallet hosting, […]
Xebec Acquires Tennessee Manufacturer For C$8.5 Million
Xebec Adsorption (TSX: XBC) is increasing its presence in the southern USA. The company this morning announced the acquisition of Nortekbelair Corp, whom is more commonly known as Nortec, in a transaction pegged at C$8.5 million. Nortec is focused on the compressed air industry, with a focus on “dehydration products.” The company manufacturers compressed air […]
Green Thumb Acquires Last Private Virginia Operator For Undisclosed Amount
Green Thumb Industires (CSE: GTII) has entered the Virginia cannabis market. The company this morning announced that it has entered into a definitive agreement to acquire Dharma Pharmaceuticals, the sole remaining private operator within the limited license state. Holding just one of five licenses available in Virginia, Dharma was viewed as one of the last […]
Topaz Energy To Acquire Reserve Royalty, Charlie Lake Royalty
Topaz Energy Corp. (TSX: TPZ) announced this morning that it has entered into a definitive agreement to acquire Reserve Royalty for approximately $26.0 million. The company also provided updates on its previously announced plan to acquire Charlie Lake Royalty for $32.0 million. The $26 million acquisition price of Reserve Royalty is payable through the issuance […]
Hexo Repays $28.9 Million BMO Credit Facility Ahead Of Schedule
It appears that the Bank of Montreal continues to slowly depart from the cannabis sector as a whole. Hexo Corp (TSX: HEXO) (NYSE: HEXO) this morning briefly announced that they have repaid an outstanding credit facility that was originally set for maturity in 2022. The credit facility was originally issued in February 2019, with a […]