Skylight Health Announces 5 To 1 Share Consolidation
Skylight Health Group (TSXV: SHG) this morning announced that it intends to conduct a share consolidation as part of its previously announced Nasdaq listing application. The announcement was made concurrently this morning with the news that the company has closed its recently announced bought deal financing. The share consolidation, also known as a reverse split, […]
Kuya Silver To Raise $8.0 Million In Bought Deal Financing
Kuya Silver Corporation (CSE: KUYA) this morning was the latest firm to announce a bought deal financing. The financing will see the company raise gross proceeds of $8.0 million in an offering lead by Cormark Securities. The financing will see a total of 4.2 million units of the company sold at a price of $1.90 […]
Tritium To Go Public Via Arrangement With DCRN
Tritium this morning announced that it has signed a definitive agreement with Decarbonization Plus Acquisition Corporation II (NASDAQ: DCRN) to complete a merger arrangement. The transaction will see Tritium merge into the special purpose acquisition vehicle at a valuation of $1.2 billion. Tritium is a Brisbane-based developer and manufacturer of direct current fast chargers for […]
Vext Science Posts US$9.2 Million In Revenue For Q1 2021, Net Income
Vext Science, Inc. (CSE: VEXT) released today its first quarter 2021 financial results, which saw the company post US$9.2 million in revenue. This is an increase from Q4 2020’s revenue of US$6.4 million and from Q1 2020’s revenue of US$4.1 million. The company’s gross margin for the quarter was at 45.4%, a decline quarter-on-quarter from […]
Kneat Records $2.36 Million In Revenue, $4.1 Million Net Loss For Q1 2021
Kneat.com, Inc. (TSXV: KSI) announced Tuesday evening its financial results for Q1 2021, highlighting revenue of $2.36 million. The company relays that this is a 147% increase from the $0.95 million revenue recognized in the comparable period last year. Revenues from its software-as-a-service (SaaS) business were at $1.29 million for Q1 2021, comprising more than […]
Vizsla Silver To Raise $60.0 Million Via Bought Deal
Vizsla Silver (TSXV: VZLA) this morning announced that it will be conducting a bought deal financing. Lead by Canaccord Genuity, the financing will see the company raise gross proceeds of $60.0 million. Under the terms of the financing, a total of 24.0 million units are to be sold at a price of $2.50 per unit. […]
QC Copper Completes Purchase Of 50% Interest In Roger Gold-Copper Project
QC Copper and Gold Inc. (TSXV: QCCU) today reported that the company has closed on its acquisition of a 50% ownership interest in the Roger Gold-Copper project in the Chibougamau District of Quebec. The initial terms of the arrangement were previously announced by the firm. Under the terms of the transaction, a 50% interest in […]
Xebec Enters Hydrogen Fuel Supply Agreement In Netherlands
Xebec Adsorption (TSX: XBC) this morning issued a brief news release, indicating that it has entered into an arrangement to supply hydrogen to a fueling station in the Netherlands via its HyGear subsidiary. Details on the transaction however were rather short, with no financial aspects revealed by the company. Xebec is set to supply the […]
Trans Canada Gold Acquires Gold Crow Property In Northern Ontario
Trans Canada Gold (TSXV: TTG) yesterday announced that it has acquired the Gold Crow Gold Property in northern Ontario. The property is classified as a district scale gold and magmatic copper-nickel-cobalt property, which contains the potential for further discovery. Located within the Pickle Lake greenstone belt, the property is situated near Pickle Lake, Ontario, and […]
Valens Company To Raise $40 Million At $3.30 In Bought Deal Financing
The Valens Company (TSX: VLNS) this evening announced that it will be conducting a bought deal financing. The financing, lead by Stifel Nicolaus Canada, will see the company raise gross proceeds of $40.0 million. Under the terms of the financing, 12.1 million units of the company are to be sold at a price of $3.30 […]