Interra Copper Mobilizes For Summer Drill, Exploration Program
Interra Copper (CSE: IMCX) this morning announced the commence of its summer exploration program at its Thane Property, located in northern British Columbia. The summer program is to consist of drilling, geological mapping, sampling, and surveying across the property. Exploration on the 206.58 square kilometre property is to first consist of a drill program. The […]
WeedMD Posts Q1 2021 Revenues Of $10.3 Million, Net Loss Of $7.0 Million
WeedMD (TSXV: WMD) this morning reported its first quarter 2021 financial results, posting revenues of $10.3 million, along with a net loss of $7.0 million for the period, an improvement on a quarter over quarter basis. Revenues for the period amount to $10.3 million, an improvement from the $5.1 million in revenue recorded during the […]
High Tide Reports Q2 Revenues Of $40.9 Million, Net Loss of $12.3 Million
High Tide Inc (TSXV: HITI) (NASDAQ: HITI) last night released its second quarter 2021 financial results. The company posted revenues of $40.9 million for the three month period, along with a net loss of $12.3 million and adjusted EBITDA of $4.7 million. Revenues were up marginally on a quarter over quarter basis, climbing 6.7% from […]
China’s Banks Now Hold Over $1 Trillion In Foreign Reserves For First Time Ever
Chinese banks have seen their foreign currency deposits surge by over $260 billion in the first five months of 2021, putting the pool’s total growth to above $1 trillion for the first time. According to data published by the People’s Bank of China (PBOC), the communist country’s commercial banks reported a combined record $1.38 trillion […]
StorageVault To Conduct $50 Million Bought Deal Offering of 5.50% Senior Notes
StorageVault Canada Inc. (TSXV: SVI) announced today that it has entered an agreement to conduct a bought deal offering of senior debentures for aggregate proceeds of $50.0 million. The agreement was made with a syndicate of underwriters led by Scotiabank and CIBC Capital Markets. The offering consists of listed senior unsecured hybrid debentures due September […]
Binance Locked Out Of Key United Kingdom Payments System
The hits just keep coming for Binance. Days after the company has seen itself locked out of the Ontario market, and new regulations coming down from the United Kingdom, it appears more trouble is brewing. The company has now seen its users lose the ability to send and receive funds to their accounts via a […]
Honda To Build Its Own Electric Vehicle Architecture
Honda Motor Co. (TYO: 7267) announced Monday its plans to develop electric vehicles through its own architecture. This follows the previous announcement that General Motors (NYSE: GM) is building Honda’s first two electric vehicles. The Japanese carmaker intends to manufacture its own electric vehicles through its “Honda e-Architecture” after the two GM-made cars go on […]
Neo Exchange: Focusing On The Innovation Economy – The Daily Dive ft Jos Schmitt
Start off the Daily Dive this week is that of Jos Schmitt, whom is founder and CEO of the Neo Exchange. Jos joins us this morning to discuss the advantages his exchange offers, what separates the Neo from its peers, the topic of regulation and what they are focused on going forward. Launched in 2015, […]
ReconAfrica: Haywood Lifts Price Target To $16.00 Following Operational Update
On June 24th, ReconAfrica (CVE: RECO) provided an operational and COVID-19 update, wherein the company announced that they are taking a break drilling due to maintenance, issues but expect drilling to resume shortly. Additionally, the company announced that they are expecting to commence the seismic program in late July. The program will run for 6 […]
Trillium Gold Closes $5.0 Million Financing
Trillium Gold Mines (TSX: TGM) this morning announced the closing of its previously announced brokered private placement. The financing saw the company raise a total of $5.0 million. The firm this morning also announced the replacement of its chief financial officer. Under the terms of the financing, a total of 5.0 million units of the […]