Digihost Closes $15 Million Financing, Files Registration Statement
Digihost Technologies (TSXV: DGHI) last night announced that it has closed its outstanding private placement, raising gross proceeds of $15.0 million. The financing was reportedly conducted with certain institutional investors. The financing saw a total of $15.0 million raised at a price of $1.80 per unit. Each unit contained one common share and three quarters […]
GameStop Raises Gross Proceeds Of $1.13 Billion From ATM Financing
Sometimes volatility is a good thing. If you’re GameStop Corp (NYSE: GME), evidently it’s a great thing. The company this morning revealed that they have completed their previously announced at-the-market equity offering, after just eight trading days. The financing, which saw the company sell shares directly on the open market to shareholders, in total saw […]
Trulieve Sees HSR Act Waiting Period Lapse In Relation To Harvest Health Acquisition
Trulieve Cannabis (CSE: TRUL) is one step closer to acquiring that of Harvest Health and Recreation (CSE: HARV). The firm this morning announced the expiration of the HSR Act waiting period. The passing of the 30 day waiting period is notable, and enables the two firms to continue with the planned merger without additional interference. […]
American Airlines Struggles to Meet Surge in Travel Demand, Forced to Cancel Hundreds of Flights
American Airlines has announced it was forced to cancel hundreds of flights over the weekend with further disruptions slated for this week, as a sudden surge in travel demand has left the airline industry struggling to ramp up its labour force. According to data published by Flightware.com, American Airlines was forced to cancel 123 flights […]
Vintage Wine Estates Sees Canaccord Initiate Coverage With $17.00 Price Target
It’s been a pretty busy month for Vintage Wine Estates (NASDAQ: VWE), a SPAC that was initially listed to go after the large U.S cannabis sector but pivoted to wine after a few months of searching. Following the go-public, two analysts upgraded their 12-month price target and then another analyst initiated coverage on the stock […]
MicroStrategy Now Owns Over $3 Billion in Bitcoin Following Latest Crypto Purchase
MicroStrategy (NASDAQ: MSTR), the US-based software company which as of late has become known for its aggressive bullish bet on bitcoin, has now acquired even more bitcoins following its newest purchase round. On Monday, MicroStrategy announced it had bought another 13,005 bitcoins valued at a combined $489 million, bringing its total bitcoin holdings to over […]
Bright Minds: Focusing On Second Generation Psychedelic Compounds – The Daily Dive
Starting off this week on the Daily Dive is that of Dr Gideon Shapiro, whom is VP of Discovery at Bright Minds Biosciences (CSE: DRUG). A leading scientist in the field of creating novel psychedelics to treat mental health disorders, Dr Shapiro joins us this afternoon to provide us with a deeper understanding of seratonin […]
Vizsla Silver: Canaccord Initiates With $4.00 Price Target
Vizsla Silver (TSXV: VZLA) got its second analyst coverage by an investment bank last week, with Canaccord Genuity issuing a C$4.00 price target, which is an 85% upside to the current pric,e and a speculative buy rating. Earlier last week, PI Financial initiated coverage, being a little less bullish, giving Vizsla Silver a C$3.25 price […]
VerticalScope Issues 5.7 Million Shares, Raises $125.1 Million In Initial Public Offering
Toronto-based tech firm VerticalScope Holdings Inc. (TSX: FORA) closed its initial public offering today, raising gross proceeds of $125.1 million. The company virtually opened Toronto Stock Exchange last week as it started its first day of publicly listing its shares on the big board on June 15. The company was able to issue 5.7 million […]
GoldMining Reports 2.99 Million Ounces Of Gold Equivalent At Whistler Project
GoldMining Inc. (TSX: GOLD) released today its updated mineral resource estimate for its wholly-owned Whistler Project in Alaska. The results, containing resource estimates for Whistler, Island Mountain, and Raintree West deposits, are effective as of June 11, 2021. The total indicated mineral resource for gold equivalent is at 2.99 million ounces at a 0.79 g/t […]