Well Health: Consensus Price Target Climbs To $11.83 Following MyHealth Acquisition
WELL Health Technologies Corp. (TSX: WELL) this week announced that they would be acquiring MyHealth for total consideration of C$266.3 million. This is being completed via a combination of C$82 million in cash, $94.3 million in shares, a C$30 million convertible note, and a potential earn-out payment of up to C$60 million paid in cash. […]
China’s Foreign Reserves Jump to $3.22 Trillion Amid Weakening US Dollar
China’s foreign currency and gold reserves jumped by more than forecasted in May, amid a weakening US dollar. According to data obtained by Reuters, China’s foreign exchange reserves rose to $3.22 trillion last month, marking an increase of $23.62 billion from April. Analysts polled by Reuters called for a reserves total of $3.208 trillion. The […]
Nouveau Monde, Lithion Recycling Partner To Upcycle Graphite As Anode Material For Batteries
Nouveau Monde Graphite Inc. (TSXV: NOU) announced this morning that they have entered into a collaboration agreement with Lithion Recycling to reuse graphite as anode material for lithium-ion batteries. The partnership is a step forward for both companies’ sustainability goals. Nouveau Monde develops graphite-based materials for its energy solutions while Lithion Recycling is in the […]
BriaCell Therapeutics Receives $12.9 Million From Warrant Exercises
BriaCell Therapeutics Corp. (TSXV: BCT) announced today that they have received gross proceeds from exercised warrants amounting to US$12.9 million. This is in connection with a number of company units sold from a previously concluded public offering earlier this year. The proceeds came from 2.43 million common share purchase warrants sold at an exercise price […]
iMetal Samples 69.7 G/T Gold At Gowganda
iMetal Resources, Inc. (TSXV: IMR) came forth today with the assay results from the April 2021 field program at its flagship Gowganda West property in Northern Ontario. The program primarily focused on Zone 1 and Zone 3, and is to be followed by drilling and trenching operations. The firm outlined a number of highlights from […]
CEMATRIX Sees $8.1 Million In Additional Contracts
CEMATRIX Corporation (TSXV: CVX) announced today that its wholly-owned operating subsidiaries have executed $8.1 million in contracts. The corporation’s subsidiaries include CEMATRIX (Canada) Inc., MixOnSite USA Inc., and Pacific International Grout Company. The cellular concrete company now holds a total of $94.0 million in backlogs, which what it collectively calls its contracts and contracts in […]
Skeena Resources Consolidates Shares At 4 To 1 Ratio
Skeena Resources (TSX: SKE) this morning issued a brief press release, indicating that it has completed a share consolidation. Also known as a reverse split, the company saw its common shares outstanding reduced on a four to one basis. Following the completion of the reverse split, shareholders will hold one post-consolidation share for every four […]
Hut 8 Mining Receives Nasdaq Listing Approval
Hut 8 Mining Corp. (TSX: HUT) (NASDAQ: HUT) announced today that it has secured approval for listing on The Nasdaq Global Select Market. The company previously announced its plans to join the Nasdaq big board and its filing of F-10 form back in March. Hut 8 will start trading on Nasdaq under the ticker symbol […]
PowerBand Sees Premier Automotive Take Lead In Electric Vehicle Leasing Pilot
PowerBand Solutions (TSXV: PBX) this morning pushed forward with its electric vehicle leasing pilot. The pilot program is to be lead by Premier Automotive Group under DRIVRZ Financial, which is PowerBand’s leasing division. The arrangement will see PowerBand’s leasing options offered in all of Premier’s dealerships for electric vehicles. Current leases are being fulfilled via […]
Wildpack Beverage Increases Bought Deal Offering To $17.4 Million
Wildpack Beverage Inc. (TSXV: CANS) announced this morning that it is increasing its previously announced bought deal offering entered with Stifel Nicolaus Canada. The gross proceeds of the transaction as a result are to increase from $15.0 million to $17.4 million. The bought deal offering consists of convertible debentures, each priced at $1,000 per debenture. […]