MAS Gold Closes Off Winter 2021 Drill Program, Readies For Summer Drilling
MAS Gold Corp. (TSXV: MAS) today provided a final rundown of assay results from the 2021 winter core drill program at the company’s Preview-North Property in the La Ronge Gold Belt, Saskatchewan. 10 holes were completed, drilling an aggregate 2,502.5 metres. Drill results outlined a 130 meter down dip extension of the mineralized horizon, reaching […]
TILT Holdings Resolves Issues Raised By Massachusetts Cannabis Control Commission
TILT Holdings Inc. (CSE: TILT) announced today that the Massachusetts Cannabis Control Commission has finally ratified an agreement stipulating that the investigation into the company is now resolved. The state’s cannabis commission was investigating TILT Holdings regarding disputes on certain agreements entered with license applicants. Regarding the concerns raised to the cannabis commission, TILT Holdings […]
Algonquin Power & Utilities Prices $1.0 Billion Financing
Algonquin Power & Utilities Corp (TSX: AQN) (NYSE: AQN) today announced the pricing for their upsized underwritten public offering of 20,000,000 equity units for total gross proceeds of approximately $1 billion. Each unit is to be issued at a price of $50, consisting of a contract to purchase common shares of the company paired with […]
High Liner Foods Secures Approval For Small Share Buy-Back Program
High Liner Foods Incorporated (TSX: HLF) announced this moring that it has received approval to start a normal course issuer bid and buy back previously issued shares. The company may purchase the shares within a one-year timeframe starting on June 23, 2021. Under the terms of the agreement, High Liner Foods is permitted to buy […]
Sierra Madre Nears Completion Of Drill Program, Begins Trenching Program
Sierra Madre Gold and Silver Ltd. (TSXV: SM) this morning provided an update on recent activities at its Tepic Silver Gold project in Nayarit, Mexico. The company reported on trenching and drilling activities underway at the site. Phase 1 drilling commenced on April 15th, and is reportedly budgeted for 2,000 meters. The program consists of […]
Atai Life Sciences Increases IPO To $225 Million
Atai Life Sciences (NASDAQ: ATAI) late last night announced the pricing of its upsized initial public offering. The clinical-stage biotech firm now expects its IPO to raise gross proceeds of roughly $225.0 million for the company. Under the terms of the offering, Atai is looking to sell a total of 15.0 million common shares at […]
Columbia Care To Raise US$74.5 Million Senior Secured Notes
Columbia Care Inc. (CSE: CCHW) announced Thursday evening that it will be conducting a senior note offering. The offering is to consist of 6.00% senior secured convertible notes that are due in 2025. The company intends to raise up to US$74.5 million in aggregate principal amount. The senior secured notes will accrue interest payable semi-annually […]
It’s Still Just Transitory: Canadian Inflation Surges to Highest Since 2011
Did it feel like your pocketbook was ripped to shreds last month? That’s because it likely was, as inflation across the country soared to the highest level in more than a decade, in what central bank policy makers are calling just a “transitory” phase in price pressures. According to the latest red-hot Statistics Canada print, […]
Coinbase: Canaccord Initiates Coverage With $285 Price Target
Coinbase Global (NASDAQ: COIN) has been initiated by another large analyst firm. This time it’s Canaccord Genuity, whose analyst believes their is a 23% upside to the company, placing the long-term price target at $285 and gives the company a buy rating. Joseph Vafi, the firms analyst, says that they view Coinbase as a “super […]
Mark Cuban-Backed Crypto Token Plummets to Zero Within 24 Hours
In another sign that the peak of the cryptocurrency craze may be subsiding, a token called Iron Titanium and is backed by billionaire Mark Cuban, crashed from US$65 to less than 0.01% of a penny over a span of 24 hours. A sudden onset of panic selling Wednesday sent the price of Iron Titanium Token, […]