Kinross Gold: Analysts Drop Targets Following Mill Fire
On June 21st, Kinross Gold Corporation (TSX: K) announced an update on the Tasiast Mill fire. The company announced that mining activities and project work has been resumed and that there were no injuries. The company also reported that they do not anticipate the hiccup to “affect Tasiast’s life of mine production and mineral reserve […]
Neighbourly Pharmacy Records $306.5 Million In Revenue, $90.5 Million Net Loss for FY 2021
Neighbourly Pharmacy Inc. (TSX: NBLY) announced today its financial results for the fiscal year that ended March 27, 2021, recording $306.5 million in revenue. This is an increase from last year’s revenue of $186.6 million. The financials recorded gross margin for the year at 37.4%, a decline from the previous year’s 38.7%. The company relayed […]
Enthusiast Gaming Closes US$11.0 Million Tabwire Acquisition
Enthusiast Gaming Holdings Inc. (TSX: EGLX) announced today that it has closed the previously announced acquisition of gaming platform Tabwire. The acquisition price is reported to be US$11.0 million in cash and stock. Under the acquisition terms, Enthusiast Gaming paid US$5.0 million in cash and issued 790,094 common shares priced at C$9.51 per share for […]
Nouveau Monde Raises US$59.4 Million Via Public Offering, Plans To Raise Additional US$14.8 Million Via Private Placement
Nouveau Monde Graphite Inc. (TSXV: NOU) has raised US$59.4 million in the previously announced underwritten public offering. Evercore ISI, BMO Capital Markets, B. Riley Securities, and Stifel GMP acted as book-running managers for the offering. Through the offering, the company was able to raise the gross proceeds from 7,915,000 common shares at US$7.50 per share. […]
GMV Minerals Mobilizes For 3,000 Metre Drill Program At Mexican Hat
GMV Minerals (TSXV: GMV) this morning issued a brief release. Within, the company indicated that it has formally mobilized for its previously announced drill campaign at the Mexican Hat gold project in southeastern Arizona. The drill program itself is fully funded and is expected to come in at roughly 3,000 metres of total drilling. Drilling […]
EnCore Energy Reports US$18.5 Million After-Tax NPV For Tafoya-Marquez Project At $60 U3O8
EnCore Energy Corp. (TSXV: EU) shared today the results of its preliminary economic assessment for the recently consolidated Juan Tafoya and Marquez projects located in the Grant’s uranium district in northwest New Mexico. The results highlighted an US$18.5 million after-tax NPV5% and 16% after-tax IRR at a base case price of US$60 per yellowcake (U3O8) […]
Golden Arrow Announces 2,000 Metre Drill Program Following Positive Survey Results
Golden Arrow Resources Corporation (TSXV: GRG) today announced that the TEM surface geophysical survey conducted by the company discovered significant, near-surface conductive anomaly targets at the Rosales Copper Project. The company has commenced the planning of its first drill campaign at the project as a result. Golden Arrow has given the highest priority to a […]
Skylight Health Acquires Four Health Clinics In Florida
Skylight Health Group (TSXV: SLHG) (NASDAQ: SLHG) this morning continued its strategy of growth by acquisition. The company has now acquired a primary care group based in Florida, referred to as Doctors Center Inc. The primary care group currently operates for health clinics in the Jacksonville region, bringing the total Skylight network to 23 locations […]
CloudMD Closes On $60 Million Acquisition Of VisionPros
CloudMD Software & Services (TSXV: DOC) this morning announced the closing of the acquisition of VisionPros in a transaction pegged at an initial figure of $60 million. The firm is focused on providing a vertically integrated digital eyewear platform to consumers. With a user base reportedly near 1.0 million consumers, VisionPros provides contact lenses and […]
Emerita Sees Aznalcollar Court Proceedings Advance To Sentencing
Emerita Resources (TSXV: EMO) this morning provided the market with an update on the status of its Aznalcollar project in Spain. The company has seen the court case in relation to the tender dispute for the property advance to the sentencing phase. The sentencing is related to fourteen individuals that put forth a competing bid […]