Adventus Sells Its Canstar Shares To Eric Sprott For $6.5 Million
Adventus Mining Corporation (TSXV: ADZN) announced this morning that it has entered into an agreement with 2176423 Ontario, a private company controlled by Canadian investor Eric Sprott, to sell all of the common shares held of Canstar Resources (TSXV: ROX) by the company. The transaction is reported to be for gross proceeds amounting to $6.5 […]
Oncology Firm TransCode Therapeutics Looks To Raise US$25 Million In IPO
Oncology company TransCode Therapeutics, Inc. is set to begin publicly trading its equityon the Nasdaq Capital Market today under the symbol “RNAZ.” The company is looking to raise an aggregate sum of US$25.0 million in its initial public offering. The offering will consist of 6,250,000 common shares priced at US$4.00 per share. The underwriters were […]
iMetal Resources Begins Trenching At Flagship Gowganda West Project
iMetal Resources, Inc. (TSXV: IMR) today announced the commencement of trenching operations at its Gowganda West property in Northern Ontario. The property covers roughly 147 square kilometres in the Shining Tree volcano-sedimentary succession of the Abitibi Greenstone Gold Belt. The program is taking place over a two-week time frame, and will focus on Zone 1 […]
MTY Food Group Reports Revenues Of $135.8 Million For Q2 2021
MTY Food Group Inc. (TSX: MTY) today released its quarterly results for the second quarter. The company reported $135.8 million in revenues, compared to last year’s figure of $97.8 million in the same period. The company meanwhile saw a net income attributable to shareholders of $23.0 million, compared to last year’s net loss of $99.1 […]
AmmPower Completes Magnetic Survey At Whabouchi, Awaits Interpretation Of Data
AmmPower Corp (CSE: AMMP) this morning announced that it will be soon interpreting magnetic surveys conducted over its Whabouchi South property. The firm is currently in search of lithium bearing pegmatite on the property, with the survey expected to reveal mineralization in the region. The survey is being conducted as a means of identifying major […]
Verano Holdings Acquires Fifth Ohio Dispensary, Details Slim
Verano Holdings (CSE: VRNO) has reached its operating capacity in the state of Ohio. The firm this morning announced the closing of its acquisition of Mad River Remedies, LLC, whom operates a single dispensary in the state. The closing of the transaction, which was originally announced in April, brings the firms total number of operating […]
GTEC Holdings Announces Move To TSX, Rebranding Of Company
GTEC Holdings (TSXV: GTEC) last night announced that it is looking to refresh its image. The company is rebranding itself, in combination with the firm moving to the TSX big board. The firm is slated to move from the TSX Venture to the Canadian big board on July 12. The move is being conducted to […]
Emerita Resources Sees Courts Fall In Alignment On Aznalcollar Case
Emerita Resources (TSXV: EMO) continues to see developments in the court case related to the Aznalcollar property in Spain. The company this morning moved one step closer to obtaining ownership of the property, with a final court falling in alignment with other courts ruling on the matter, making it more favourable for the company. Specifically, […]
Unigold Looks To Raise $3.0 Million In Private Placement
Unigold Inc (TSXV: UGD) last night announced that it will be conducting a non-brokered private placement. The firm is looking to raise gross proceeds of up to $3.0 million under the offering. Under the terms of the financing, the company is looking to raise funds via the sale of units at a price of $0.13 […]
US Mortgage Demand Plummets to Lowest Since Beginning of Pandemic
Despite historically low mortgage rates and a gradual shift towards permanent work-from-home flexibility, the demand for mortgages continues to fall, suggesting that low supply and sky-high property prices are pushing an increasing number of potential homeowners out of the real estate market. According to the latest figures published by the Mortgage Banker’s Association (MBA), mortgage […]