First Cobalt Announces 4,500 Metre Drill Program At Iron Creek
First Cobalt Corp (TSXV: FCC) this morning announced an exploration program at its Iron Creek cobalt-copper project. The company has undertaken the program as it looks to double the size of its resource on the property over the course of the next two drill seasons. The program itself has been budgeted at a figure of […]
Peloton Treadmills Now Require Additional $39 Monthly Membership Following Safety Recall
Owners of Peloton’s high-end treadmills have been left with no option but to fork over more cash, after the company recently disabled what was a free running feature amid issues pertaining to recent safety recalls. An onslaught of Peloton Tread+ users flooded social media with complaints that the $4,295 treadmill machine no longer offered its […]
Canadian Retail Sales Plummeted in April Amid Third Wave of Covid-19 Restrictions
Retail sales across Canada were sent plunging downwards at the beginning of the second quarter, as a number of key regions tightened public health restrictions in face of a third wave of Covid-19. According to Statistics Canada, sales at retail stores fell 5.7% to $54.8 billion in April, marking the sharpest drop in a year […]
Nutrien Sees Consensus Price Target Improvement Following Raised Guidance
On June 21st, Nutrien (TSX: NTR) raised their first half 2021 earnings per share guidance by $0.30 to $2.30 to $2.50 and announced that since the potash market has continued to tighten, they have upgraded capacity. They expect an additional half-million tonnes of potash of production output, after the June 7th half million tonne increase. […]
Jerome Powell Downplays Inflation, Acknowledges Stronger-Than-Expected Price Increases
Once again, Fed Chair Jerome Powell continued to downplay the skyrocketing-into-the-exosphere inflation, and instead attributed the recent jump in price pressures to the reopening of the US economy. When pressed by House Select Subcommittee on the Coronavirus Crisis on Tuesday, Powell did acknowledge that the recent surge in prices has been a lot higher and […]
Discovery Silver: Housing The Largest Undeveloped Silver Asset Globally – The Daily Dive
Joining us for the mid-week episode of The Daily Dive is Taj Singh, CEO of Discovery Silver (TSXV: DSV). Taj joins us this afternoon to provide us with a high level overview of the company, discuss the firms major projects, and the involvement of Eric Sprott. Also covered is the topic of the recent PEA […]
Justin Trudeau Passes Bill C-10 to Regulate Social Media Programming, Streaming
On Tuesday, lawmakers in Ottawa passed a new bill that would control content distributed by social media platforms and streaming services, much to the ire of critics that caution the move could encroach on individual speech. As reported by Bloomberg, the latest legislation, called Bill C-10, was drafted by the Liberal government in an effort […]
Amazon Acquires Option to Purchase Stake in Autonomous Truck Startup
Although Jeff Bezos may be abdicating his throne at Amazon, his thirst for dominating every single industry in the world remains unscathed. As reported by Bloomberg, Amazon has revealed it has ordered 1,000 new autonomous driving systems from truck startup Plus, while also purchasing the option to acquire nearly a quarter stake in the company. […]
Anaergia Raises $175 Million, Issues 12.5 Million Shares In Initial Public Offering
Anaergia Inc. (TSX: ANRG) closed its initial public offering today, raising gross proceeds of $175 million. The company started trading its common shares on the Toronto Stock Exchange on June 18, 2021. The company was able to issue 12.5 million subordinate voting shares at a price of $14.00 per share. The public offering was made […]
Fire & Flower Sees Alimentation Couche-Tard Increase Stake To 22.35%
Fire & Flower Holdings Corp. (TSX: FAF) announced today that Circle K owner Alimentation Couche-Tard (TSX: ATD), through its wholly-owned indirect subsidiary 2707031 Ontario Inc., plans to exercise the outstanding warrants held labeled Series A-3. The latter has delivered in escrow the exercise notice and gross proceeds of $9.8 million pertaining to the exercise of […]