Red White & Bloom Raises US$44.5 Million In Series Of Transactions
Red White & Bloom (CSE: RWB) this morning announced that it has completed a series of funding rounds to the tune of US$44.5 million. In total, following the settlement of certain debts, the company will see approximately $36.8 million of new cash brought into the firm while $7.7 million of debt is retired by the […]
Amex Exploration Intersects 32.91 G/T Gold Over 6.40 Metres At Perron
Amex Exploration Inc. (TSXV: AMX) this morning reported further results from drilling at the High Grade Zone of the Eastern Gold Zone on the Perron Gold Project. Highlight results from the program include 32.91 g/t gold over 6.40 metres. The results come from an exploration program that’s been focused on definition drilling of the High […]
Wishpond Tech Announces Share Buyback Program
Wishpond Technologies Ltd. (TSXV: WISH) this morning announced that it will be conducting a normal course issuer bid (NCIB). The share buyback program has reportedly already been approved by the TSX Venture. The company has indicated that it can purchase up to 2,590,389 shares under the program, with this number representing 5% of the total […]
Skylight Health Commences Trading On The Nasdaq
Skylight Health Group (TSXV: SLHG) (NASDAQ: SLHG) announced Friday night that its equity is set to commence trading on the Nasdaq as of this morning. The firm is to trade under the symbol “SLHG”. In connection with the new listing, the company has also announced that it will be changing its ticker symbol on that […]
Mansa Exploration: Searching For Battery Metals In Newfoundland
Mansa Exploration Inc (CSE:MANS) is an early stage mineral exploration company that is currently split between two jurisdications. First, the firm is exploring for “battery minerals” in central Newfoundland, one of Canada’s current exploration hotspots. Second, the company is also exploring its Skyfire Property, a silver project located in the Cariboo Mining Division of central […]
Valens: Haywood Reiterates Price Target, Raises Estimates
On June 1st, The Valens Company (TSX: VLNS) announced that they closed their C$40 million bought deal which consisted of the company selling almost 14 million units at a price of $3.30 per unit. Each unit gives the holder one share and one-half warrant that can be exercised at a price of $4.15 and has […]
Canada’s Unemployment Rate Jumps to 8.2% in May Amid Tighter Covid-19 Restrictions
Canada’s labour market continued to lose momentum last month, as widespread Covid-19 restrictions further hindering business activity. According to data published by Statistics Canada on Friday, the country shed 68,000 jobs in May, following a loss of 207,100 positions in the month prior. This caused the unemployment rate to jump from 8.1% to 8.2%. The […]
Sigma Lithium: Constructive PEA on Brazil Lithium Project; Production Could Begin in Just Over a Year
On June 2, Sigma Lithium Resources (TSXV: SGMA) released a constructive preliminary economic assessment (PEA) on its Grota do Cirilo Lithium Project in Brazil. The Brazilian project will produce battery-grade 6% lithium concentrate. The PEA estimates that Phase 2 of the facility has an after-tax net present value (NPV) of US$449 million and an internal rate […]
VentriPoint Diagnostics: Corporate Overview
VentriPoint Diagnostics Ltd. (TSXV: VPT) is a small-cap medical device company that develops and commercializes cardiac diagnostic tools. VentriPoint is considered an industry leader in echocardiography, a test which produces live images of a patient’s heart. More specifically, the company’s VMS™ products, powered by its proprietary Knowledge Based Reconstruction (KBR) artificial intelligence algorithm, creates accurate heart volumetric […]
US Unemployment Rate Falls to 5.8% as States Lift Covid-19 Restrictions
America’s labour market picked up steam in May, as much of the country lifts restrictions and businesses make some headway in filling a record level of vacant positions. According to the latest report published by the BLS, US payrolls increased 559,000 in May, following a revised 278,000 gain in the previous month. The latest figures […]