Fosterville South Indicates Strong Gold Assays In Rock Chip Samples, Provides Little Detail
Fosterville South Exploration Ltd. (TSXV: FSX) today reported the discovery of multiple high-grade gold assays from recent sampling at the Beechworth project. Results come from rock chip and soil samples. In total, 173 rock chip samples from 45 gold prospects were collected by the company and were said to have yielded high-grade gold intercepts that […]
SpeakEasy Cannabis Reports Q3 Revenues Of $0.9 Million, Net Loss Of $7.4 Million
SpeakEasy Cannabis Club Ltd. (CSE: EASY) today announced the company’s unaudited results for the quarter ended April 30, 2021. Oddly, the firms news release was entirely focused on the nine month period, rather than the quarterly results. Revenues for the quarter amounted to a total of $925,550, with revenues coming from the sale of goods […]
Hive Blockchain Reveals High Performance Computing Strategy For After Ethereum 2.0, Expects US$30 Million Monthly Revenue
HIVE Blockchain Technologies Ltd. (TSXV: HIVE) announces today its plans for a long-term high-performance computing (HPC) strategy. The company asserts this to be the next phase after Ethereum 2.0. The strategy involves the company investing in high-performance GPU cards to build HPC data centres. With these new cards, HIVE is looking to boost its ethereum […]
Empower Clinics Reports 2020 Revenues Of $3.2 Million, Net Loss Of $17.1 Million
Empower Clinics (CSE: CBDT) yesterday released its fourth quarter and full year financial results. The firm reportedly posted record results, making it questionable as to why they released such results early in the morning on a day where Canadian markets were closed. The company for the year ended December 31, 2020 posted total revenues of […]
Kontrol Tech To Acquire Building Solutions Firm For $6.75 Million
Kontrol Technologies (NEO: KNR) is set to resume trading this morning following a halt on Wednesday. The halt was a result of the news that the company is acquiring a “leading” building solutions company, whom focuses on the integrated installation of building automation systems, for a purchase price of $6.75 million. The company did not […]
TPCO Holdings Walks From US$50 Million Investment In Glass House
It appears that a partnership between two recent SPAC deals isn’t going to go through after all. TPCO Holdings (NEO: GRAM.u) announced this morning that it will in fact not be investing in Glass House Brands (NEO: GLAS.A.u). The announcement follows the news on Wednesday evening that the latter had finally closed its go-public arrangement. […]
Voyager Digital Files US$300 Million Preliminary Base Shelf Prospectus
Voyager Digital (CSE: VYGR) is evidently gearing up to raise funds. The company announced yesterday on Canada Day that the firm had filed a preliminary short form base shelf prospectus to raise gross proceeds of up to US$300 million. While the company has not as of yet formally indicated that they will be conducting a […]
Green Thumb Industries Closes On Acquisition Of Virginia Operator
Green Thumb Industries (CSE: GTII) yesterday announced that they have closed the acquisition of Dharma Pharmaceuticals. With the closing of the acquisition, the company becomes one of five operators to gain access to the Virginia medical cannabis market. The acquisition sees the company gain a currently operating production facility as well as an operating dispensary. […]
McLaren Resources Looks To Conduct Exploration At Kerrs Gold Property
McLaren Resources (CSE: MCL) is looking to advance its Kerrs Gold property in the Timmins Gold District of Ontario. The company announced Wednesday that they have received a mineral exploration permit from the provincial government, which is valid for a term of three years. The exploration permit reportedly allows for a number of activities to […]
Ray Dalio: US Headed for a Housing Bubble Amid Low-Interest Rates, High Liquidity Economic Landscape
Ray Dalio, founder of Bridgewater Associates, has revealed his take on the current economic landscape and spoiler alert: the Fed will likely run into substantial trouble when it finally does raise interest rates. In a discussion with Bloomberg at the Qatar Economic Forum, Dalio warned that the surging housing market may be slated for bubble […]