Smart Home Firm Snap One Launches US$291 Million IPO
Smart home integration firm Snap One Holdings announced today the launch of its initial public offering, seeking to raise as much as US$290.9 million. The company is slated to publicly trade on the Nasdaq Global Select Market under the symbol “SNPO”. The offering will be conducted through the issuance of 13,850,000 common shares with an […]
NY Manufacturing Index Soars to Highest on Record, Prices Accelerate to Unprecedented Level
The index measuring manufacturing levels in New York soared to the highest on record, echoing a strong acceleration in orders and shipments, while the gauge of selling prices also surged to historic highs. The Federal Reserve Bank of New York’s general business conditions index surged from 17.4 to a whooping 43 in July. A reading […]
Ayr Wellness To Expand Nevada Footprint With $17 Million Tahoe Hydro Acquisition Deal
Ayr Wellness Inc. (CSE: AYR.A) reported today that it has entered into a definitive agreement to purchase 100% of Nevada-based cultivator Tahoe Hydroponics and its concentrate producer NV Green. The acquisition is reported to be $17.0 million in total consideration. According to the terms, the transaction payment will be made up of $5.0 million in […]
PowerBand Solutions Signs Dealer Group To DRIVRZ Platform, Increasing Dealer Count By 14%
PowerBand Solutions (TSXV: PBX) appears to be growing by leaps and bounds. The firm this morning announced the signing of a large dealer group to DRIVRZ Financial, which will increase its current active dealership count by a total of 14%. The dealer group, while not named specifically for competitive reasons, is said to be a […]
Cerrado Gold Produces 9,934 Gold Equivalent Ounces In Q2 2021
Cerrado Gold Inc. (TSXV: CERT) announced this morning the production results for Q2 2021 at its Minera Don Nicolás mine in Santa Cruz Province, Argentina. The results highlighted producing 9,934 gold equivalent ounces for the quarter, up from Q1 2021’s production of 7,708 gold equivalent ounces. The quarterly production results included producing 9,607 gold ounces, […]
NG Energy Provides Construction Update For First Production Facilities
NG Energy (TSXV: GASX) this morning provided a brief update on the status of its production facilities in Colombia. The firm currently is in the process of seeing the buildout and assembly of the plant completed. The company has indicated that progress is continuing on the buildout of the new facility, which when completed will […]
Gamehost Looks To Buyback 5% Of Shares
Gamehost Inc. (TSX: GH) shared today the company’s plans to make a normal course issuer bid to buy back its outstanding common shares. The gaming firm relayed this morning the acceptance of its intention notice by the Toronto Stock Exchange. The company intends to purchase for cancellation up to a maximum of 1,151,417 common shares. […]
Minera IRL Reports US$189 Million After-Tax NPV In Ollachea Gold PEA
Minera IRL Limited (CSE: MIRL) reported this morning the preliminary economic assessment results out of its flagship Ollachea gold project in Southern Peru. The results highlighted an after-tax NPV7% of US$189 million at a base case price of $1,600 per gold ounce. The preliminary assessment also reported 38% after-tax IRR and a potential $353 million […]
Harborside Appoints Matt Hawkins As Interim CEO
Harborside Inc (CSE: HBOR) this morning announced that it is shaking things up at the management level. The company as part of its ongoing restructuring plan has seen the appointment of a new interim chief executive officer. The change will see interim CEO Peter Bilodeau step down from the role immediately as the firm continues […]
Canadian Housing Starts Trend Lower in June
Housing starts across Canada cooled slightly in June, but still remained elevated as real estate activity maintains its momentum well above historical levels. According to data published by the Canada Mortgage and Housing Corporation (CMHC) on Friday, the six-month moving average of the monthly seasonally adjusted annual rate (SAAR) of housing starts rose to 293,567 […]