Centerra Gold Sees Kumtor Subsidiaries File Preemptive Bankruptcy After Kumtor Mine Seizure
Centerra Gold Inc. (TSX: CG) announced late Monday night that its wholly-owned subsidiaries Kumtor Gold Company and Kumtor Operating Company, which own and operate the Kumtor mine in Kyrgyzstan, have filed for bankruptcy to preserve their value. The company said this move is meant to preempt any claims against the subsidiaries following the Government of […]
Silvercorp Intersects 3,911 G/T Silver Over 2.49 Metres At TLP Mine, China
Silvercorp Metals Inc. (TSX: SVM) (NYSE: SVM) today released the results coming from the company’s 2021 exploration program at the TLP mine within the Ying Mining District, Henan Province, China. At present, 13 rigs are drilling at the TLP mine. From the period of October 1, 2020, to date, a total of 196 diamond drill […]
QYOU Media To Acquire India Influencer Marketing Firm Chtrbox
QYOU Media (TSXV: QYOU) this morning announced that it has entered into a definitive purchase agreement to acquire that of Chatterbox Technologies. Informally known as Chtrbox, the company is a leading influencer marketing company based within India. Originally established in 2016, Chatterbox focuses on data driven influencer marketing, providing marketing services for top brands within […]
Adventus, Salazar Intersect 4.35% Copper Equivalent Over 67.0 Metres At El Domo Deposit
Adventus Mining Corporation (TSXV: ADZN) and Salazar Resources Limited (TSXV: SRL) announced this morning the additional drill results from the El Domo volcanogenic massive sulphide deposit within its Curipamba project in central Ecuador. The results highlighted intersecting 4.35% copper equivalent over 67.0 metres. Highlights of the drill results announced today include: CURI-373: 4.35% CuEq (3.38% […]
Harborside To Acquire Sublime For $43.8 Million
Harborside Inc (CSE: HBOR) this morning made a major announcement in that it will be acquiring Sublime Machining Inc, an Oakland, California, based cannabis manufacturer. The firm has signed a definitive arrangement to acquire the firm in a combination of cash and shares. Under the terms of the transaction, the company is to acquire Sublime […]
PharmaTher Partners With TSRL For Microneedle Patch Development
PharmaTher Holdings (CSE: PHRM) has partnered with that of TSRL under a co-development agreement. The arrangement will see the two firms jointly develop a microneedle array patch focused on the incorporation of psychedelics, such as ketamine, psilocybin, DMT, MDMA, and LSD, as well as antiviral medications. TSRL is a firm focused on developing microneedle patches […]
Kontrol Tech Generates $3.3 Million In Revenues, $0.8 Million Net Loss In Q1
Kontrol Technologies Corp. (NEO: KNR) released its financial results for the first quarter of 2021 last night, with revenues of $3.3 million reported, representing an increase of 20% over Q1 of the year prior. Gross profit for the quarter reportedly came in at $1.8 million, compared to $1.7 million in the year-ago period. The company […]
Trillium Gold Begins Exploration On Confederation Belt Properties
Trillium Gold Mines (TSXV: TGM) this morning announced that it has begun additional field work on its properties in the Red Lake, Ontario region. The firm has begun the exploratory work on its Confederation greenstone belt properties, with the field work spanning 65 kilometres of gold and base-metal prospective ground. The field work to be […]
Skylight Health Records Q1 Revenues Of $5.2 Million, Net Loss Of $2.3 Million
Skylight Health Group Inc. (TSXV: SHG) last night released its financial results for Q1 2021, recording revenues at $5.2 million, an increase of 76% compared to $2.9 million for the same quarter in 2020, and up 62% from $3.2 million in the fourth quarter of 2020. Skylight reported a net loss of $2.3 million. The […]
Canopy Growth Reports Q4 Revenues Of $148.4 Million, Net Loss Of $616.7 Million
Canopy Growth Corp (TSX: WEED) (NASDAQ: CGC) this morning released its fourth quarter 2021 financial results, with the company failing to hit consensus estimates on all accounts. The company reported net revenue for the period of $148.4 million, along with a net loss of $616.7 million, and an adjusted EBITDA of negative $94.0 million. Revenues […]