Nickel 28 Announces Share Buyback Program
Nickel 28 Capital (TSXV: NKL) this morning announced that it has been approved by the TSX Venture Exchange to conduct a normal course issuer bid. The share buyback program will see the company repurchase up to 8.7% of its currently outstanding shares. Under the terms of the buyback program, the company is able to repurchase […]
New Found Gold Drills 430.17 G/T Gold Over 5.25 Metres At Golden Joint
New Found Gold Corp. (TSXV: NFG) announced today the assay results from four holes drilled at the Golden Joint zone. The results highlighted a yield of 430.17 g/t gold over 5.25 metres. The four drill holes are part of the company’s 200-kilometre diamond drill program at its Queensway project in Gander, Newfoundland. Highlights of the […]
Harborside Expands Capacity At Salinas Facility By 50%
Harborside Inc (CSE: HBOR) this morning announced that it has completed substantial upgrades at its Salinas Facility, located in California. The upgrades are expected to significantly increase annual cultivation figures at the operation. The facility, at 45,000 square feet in size is located on a 47 acre integrated production campus in Salinas, California. The facility […]
Constellation Brands Posts Sales of $2.03 Billion, Loss Of $908.1 Million For Q1 2022
Constellation Brands (NYSE: STZ) this morning reported its first quarter 2022 financial results. The company reported net sales of $2.03 billion, along with a net loss of $908.1 million attributable to the company. Sales were up on a year over year basis from $1.96 billion to $2.03 billion on a net basis. Gross profits on […]
Graphite One To Raise $12.0 Million In Private Placement
Graphite One (TSXV: GPH) this morning announced that it will be conducting a private placement. Lead by Canaccord Genuity, the brokered private placement will see the graphite-focused firm look to raise $12.0 million. Under the terms of the private place, a total of 12.0 million units of the company are to be sold at $1.00 […]
GameSquare Esports Acquires Complexity, Sees Jerry Jones Become Major Shareholder
GameSquare Esports (CSE: GSQ) this morning announced that it has acquired that of NextGen Tech, whom is operating as Complexity Gaming. The transaction effectively sees two smaller operations in the space combine to increase their scale and impact on the marketspace. The transaction is notable, given that Complexity currently holds a multi-year esports agency of […]
Biden Administration Takes Aim at Tax Loopholes Used by the Country’s Wealthiest 0.1%
Some of America’s wealthiest were in for a surprise last month, after a 114-page document published by the US Treasury included an inconspicuous provision threatening to dismantle some of the most favored avenues rich individuals use to legally avoid paying taxes. As reported by Bloomberg, the Treasury document— dubbed the “Green Book”— was released in […]
FedEx: BMO Raises Target To $315 Following Financial Results
FedEx Corp (NYSE: FDX) reported their fiscal fourth-quarter earnings on June 24 after hours. The company announced that revenue came in at $22.56 billion for the quarter, up from $17.36 billion a year ago. The company reported 71% gross margins with an operating margin of 8%. The firm also reported a net income of $1.87 […]
Cathie Wood’s Ark Invest Files Petition With SEC to Create Bitcoin ETF
Despite the latest onslaught of scrutiny facing bitcoin across a number of countries, long-time bitcoin bull Cathie Wood appears to firmly hold her conviction that the cryptocurrency has a robust prospect, and as a result has filed for a bitcoin ETF. According to a filing received by the SEC on Monday, Wood’s ARK Invest is […]
Bitcoin: Is China The Reason For The Drop? – The Daily Dive
Joining us today on the Daily Dive is that of Charlie Morris, founder and Chief Investment Officer of ByteTree Asset Management. Charlie sits down with us this afternoon to discuss recent bitcoin related developments in El Salvador and related commentary from Fitch Ratings, the drive behind the recent price decline, electricity consumption concerns of crypto, […]