Xebec Adsorption: Canaccord Lifts Price Target To $6

On July 6th, Xebec Adsorption (TSX: XBC) announced a master service agreement with a leading U.S-based renewable natural gas dairy farm project developer. The developer will initially purchase 18 BGX Biostream units with the ability to up the purchased quantity. Off the back of this news, three analysts changed their 12-month price target with two […]

Canagold Resources: Promising Initial Drilling Results at New Polaris Gold Project

On July 6, Canagold Resources Ltd. (TSX: CCM) announced high-grade assay results from the first three drill holes of a 47-hole, 24,000-meter drilling program at the company’s flagship, 100%-owned, New Polaris Gold project in British Columbia. The drilling program commenced in late May. Specifically, one hole intersected a 6.6-meter span which had a gold composition of 24.2 […]

CIBC Joins Other International Banks in Creating Blockchain Carbon Credit Market

CIBC and several other international banks have joined forces to launch the first ever blockchain platform for companies to purchase and sell carbon offsets. The latest initiative, called Project Carbon, is created on the Ethereum platform, and will allow companies to voluntarily buy or sell carbon offsets, such as carbon capture, or forest and wetland […]

SPAC Agrico Acquisition Eyes US$125 Million IPO

Blank check company Agrico Acquisition Corp. starts publicly trading its common shares today on the Nasdaq Capital Market under the symbol “RICOU”. The company’s initial public offering is eyeing to raise aggregate proceeds of US$125 million. The offering consists of 12.5 million company units at US$10.00 per unit. Each unit consists of one Class A […]

Agritech Firm AgriFORCE Seeks To Raise US$13.6 Million In Its IPO

Agriculture-focused technology company AgriFORCE Growing Systems Ltd. goes public today on the Nasdaq Capital Market. The company is looking to raise US$13.6 million through its initial public offering. The offering consists of 2,719,999 company units selling at US$5.00 per unit. Each unit is composed of one common share and one Series A warrant to purchase […]

PowerBand Solutions Closes $12.8 Million Private Placement

PowerBand Solutions (TSXV: PBX) this morning announced the closing of its previously announced private placement on an oversubscribed basis. The company raised gross proceeds of $12.8 million under the financing, which was co-lead by Desjardins Capital Markets and Scotiabank. Under the terms of the financing, the company sold a total of 18.8 million common shares […]