First Cobalt: Will The DRC’s Action Give The Company A Lift?
In late May, the Democratic Republic of Congo (DRC) reinstated an export ban on cobalt concentrates. However, the DRC government will allow miners which receive waivers to continue to ship product. The DRC mined about 100,000 tonnes of the brittle metal with strong magnetic properties in 2019, or about 70% of the amount mined worldwide. […]
Carbon Streaming Enters JV Focused On Collaborating With First Nations
Carbon Streaming Corp (OTC: MXVDF) this morning announced that it has entered into a joint venture arrangement. The venture has been formed with that of WilsonZinter Enterprises, with the firm focused on discovering First Nations investment opportunities. More specifically, the focus of the joint venture will be to source and finance such opportunities in collaboration with […]
Air Canada: BMO Reiterates $33 Price Target Following Roadshow
BMO Capital Markets hosted Air Canada (TSX: AC) EVP and CFO Amos Kazzaz as well as the director of communications Valerie Durand for a roadshow. Fadi Chamoun, their analyst, reiterated their C$33 price target and outperform rating after this meeting. He writes, “We come out of the discussions more positive as trends in bookings later […]
Metals Creek Intersects 3.04 G/T Gold Over 25.05 Metres At Dona Lake
Metals Creek Resources Corp. (TSXV: MEK) announced today the results from three drill holes of the phase II diamond drill program at the Dona Lake gold project. The highlights include intersecting 3.04 g/t gold over 25.05 metres. Highlight intercepts from the 3-drill hole results are: DL21-012: 3.04 g/t gold over 25.05 metres, including 5.49 g/t […]
MicroStrategy Announces $400 Million Note Financing, $284.5 Million Bitcoin Impairment Charge
MicroStrategy (NASDAQ: MSTR) this morning announced that it intends to raise US$400 million via the issuance of senior secured notes due 2028 to buy bitcoin. This is despite the firm this morning noting in an 8-K that it filed with the SEC that the firm would be facing significant writedowns as a result of the […]
Nighthawk Gold Drills 4.64 G/T Gold Over 6.15 Metres At Grizzly Bear
Nighthawk Gold Corp. (TSX: NHK) announced today the assay results of its 18-drill program at Grizzly Bear deposit, located within the Indin Lake Gold property in Northwest Territories. Gold intercepts highlighted 4.64 g/t gold over 6.15 metres. Highlight intercepts from the drilling program include: GB21-13: 4.64 g/t gold over 6.15 metres GB21-07: 2.77 g/t gold […]
The Very Good Food Company Secures $70 Million Credit Facility From Waygar Capital
The Very Good Food Company Inc. (TSXV: VERY) this morning announced the closing of a loan agreement for a senior secured credit facility with Waygar Capital, as agent for Ninepoint Canadian Senior Debt Master Fund. The agreement sees the company take a $70 million credit facility from the lender. The credit facility consists of a […]
LevelJump Healthcare Reports $1.56 Million In Revenue For Q1 2021
LevelJump Healthcare Corp. (TSXV: JUMP) announced last week its financial results for Q1 2021, which recorded $1.56 million revenue. This is an increase from last year’s revenue of $1.28 million for the three month period. Gross profit for the quarter came in at $0.31 million, a climb from the previous year’s $0.25 million. The company […]
Apollo Gold & Silver Announces $40 Million Financing
Apollo Gold & Silver Corp. (TSXV: APGO) announced today that they will be conducting a private placement for minimum aggregate proceeds of $40.05 million. The financing is in connection with its acquisition of Stronghold Silver. Under the terms of the financing, subscription receipts are to be sold at a price of $0.75 per receipt. Each […]
Well Health To Acquire MyHealth For $266.3 Million
WELL Health Technologies Corp. (TSX: WELL) today announced that it has entered into a definitive share purchase agreement to acquire all the issued and outstanding shares of MyHealth Partners Inc. The transaction is valued at approximately $206 million, excluding an earn-out provision. MyHealth is currently focused on providing primary care, specialty care, telehealth and diagnostic […]