i-80 Gold Begins Underground Drill Program At Granite Creek
i-80 GOLD CORP. (TSX: IAU) today reported that the overhauling of underground drill bays has been completed, and underground drilling activities have begun at the Granite Creek property situated in Humbolt County, Nevada. Granite Creek hosts open pit and underground resources on the property. The firms 22,000 metre drill program has begun, which focuses on […]
Bright Minds Applies For Nasdaq Listing
Bright Minds Biosciences (CSE: DRUG) has an eye for the US big boards. The company this morning announced that it has submitted an application to list its common shares on the Nasdaq. In association with the listing, the company has reserved the right to trade under the symbol “DRUG” on the exchange. The firm has […]
Cronos: Raymond James Reiterates Price Target After PharmaCann Investment
Yesterday, Cronos Group (TSX: CRON) showed once again that the demand for U.S cannabis assets is high with their strategic investment in one of the larger private operators, PharmaCann. Cronos is investing $110.4 million for a 10.5% potential ownership stake via a call option as Cronos cannot own U.S cannabis assets if they want to […]
Goldman Sachs Reiterates $80 Per Barrel Oil Forecast As Summer Demand Rebounds
Goldman Sachs has doubled down on its previous forecast, calling for Brent crude to hit $80 per barrel this summer as global demand rebounds. According to a Goldman Sachs note later quoted by Reuters, the strong uptake in vaccination rates across the US and Europe are increasing mobility and travel optimism, causing global demand to […]
Canadian Housing Starts Jumped 3.2% in May
Canadian housing starts posted another slight increase in May, rising by an annual pace of 3.2% from the month prior as construction of condos, apartments, and other multi-unit housing projects remain elevated. According to the Canada Mortgage and Housing Corp. (CMHC), the annual pace of housing starts increased by 3.2% to 275,916 units in May, […]
Ketamine One: Developing A Network of Mental Health Clinics – The Daily Dive
Today on the Daily Dive, we are joined by Adam Deffett, VP of Capital Markets for KetamineOne Capital (NEO: MEDI). Adam, joins us this afternoon to discuss the strategy behind Ketamine One and how it relates to recent acquisitions, the move to the NEO exchange, IVR therapies, and the future of the ketamine space as […]
US Lumber Prices Post Largest Weekly Decline as Buyers Retreat
It appears that the price of lumber may have already surpassed its peak, after last week’s record losses extended into Monday, as an increased number of buyers hold off on purchases despite a jump in sawmill output. On Friday, lumber futures dropped nearly 6% to around $1,059 per thousand board feet, following an 18% decline […]
Paul Tudor Jones: Inflation Risk Is No Longer Transitory
Billionaire investor Paul Tudor Jones joined CNBC’s Squawk Box on Monday to explain some of the implications of the FOMC’s upcoming meeting, which is slated to be the “most important Fed meeting in Jay Powell’s career.” Jones, who is also the founder of Tudor Investment Company, does not buy into the Fed’s strong conviction that […]
BTB Real Estate Files $200 Million Base Shelf
BTB Real Estate Investment Trust (TSX: BTB.UN) announced today that it has filed a final short form base shelf prospectus with the respective securities regulatory bodies. The filing will allow the company to raise up to $200 million in gross proceeds. The prospectus, valid for 25 months, allows BTB to offer any or a combination […]
Hut 8 Closes $115 Million Bought Deal Offering, Begins Trading On Nasdaq
Hut 8 Mining Corp. (TSX: HUT) closed today its previously announced bought deal offering with a syndicate of underwriters led by Canaccord Genuity as sole bookrunner, and Stifel GMP. The company raised total gross proceeds of $115 million from the offering. In connection with the offering, the company issued a total of 23.0 million units […]