Uranium Royalty Corp Announces US$40 Million At The Market Financing
Uranium Royalty Corp (TSXV: URC) (NASDAQ: UROY) is looking to raise funds. The company last night announced that it will be undertaking an at-the- market equity program, with the goal of raising gross proceeds of US$40 million. Distribution of company shares is to be conducted by a syndicate of agents lead by BMO Nesbitt Burns, […]
Newcore Gold Upsizes Drill Program At Enchi After Raising $11.5 Million In Financing
Newcore Gold Ltd. (TSXV: NCAU) announced this morning that it is increasing the 2020-2021 drill program at its Enchi gold project in Ghana. The company said this move follows the recent completion of its $11.5 million equity financing and the “success achieved to date with drilling” at the property. “We are excited to be in […]
Nevada Copper: Haywood Drops Target To $0.20 After Yet Another Management Changeup
On August 13, Nevada Copper Corp. (TSX: NCU) announced their second quarter financial results. The company did not provide any financial information in the news release but noted that they mined 9,500 tons of 1.5% copper and that they are going ahead with the installation and commissioning of underground fans. The company ended up losing […]
Cathie Wood to Michael Burry: You Don’t Understand the Fundamentals of the Innovation Space
Cathie Wood has clapped back at ‘The Big Short’ Michael Burry, after SEC filings revealed that the famed investor placed bets against her flagship ETF and added to his Tesla puts in the second quarter. On Tuesday, Wood took to Twitter to argue that Burry is wrong, and that he just doesn’t understand the fundamentals […]
Ketamine One: Corporate Overview
KetamineOne Capital Ltd. (NEO: MEDI) is a Vancouver-based wellness company with a focus on becoming the North American leader in mental health treatments. The company is specifically driven to grow clinical offerings of ketamine-enhanced patient treatments and psilocybin-based psychedelic medicines, while building a vertically-integrated platform for the treatment of mental health issues. The company owns […]
Bubba Horwitz: This Is Not Transitory Inflation – The Daily Dive
Today on the Daily Dive, we welcome back Todd Bubba Horwitz, CEO of Bubba Trading. Bubba joins us to share his take on the US jobs report, the impact of inflation on trading strategies, and his foerseen problems with the government stimulus packages. The founder and chief strategist of BubbaTrading.com, Todd has spent nearly four […]
Social Media Firm DatChat Closes US$12.0 Million IPO
Social media platform DatChat, Inc. (Nasdaq: DATS) closed on Tuesday its initial public offering on the Nasdaq Capital Market. The firm was able to raise approximately US$12.0 million in its debut on the big board. The offering consisted of 2,891,567 company units at US$4.15 per unit, with each unit containing one common share and one […]
48North Gets Shareholder Approval For Hexo Corp Buyout
48North Cannabis Corp. (TSXV: NRTH) shared on Tuesday that its shareholders greenlit the previously announced 100% equity acquisition of the company by Hexo Corp (TSX: HEXO). The proposed plan of arrangement related to the transaction was voted in favor by 98.27% of the shareholders present during the special meeting. Under the arrangement, 48North shareholders will […]
Afghan Currency Sent Plummeting as Head of Central Bank Flees Country
The afghani, Afghanistan’s national currency, was sent plummeting on Tuesday, as rising political turmoil forced the head of the country’s central bank to flee. As Taliban fighters gained control of the capital city of Kabul, the country’s currency continued its downward spiral. According to a series of tweets from Afghanistan’s central bank governor Ajmal Ahmady, […]
‘Defensive’ ETF Inflows Soar as Wall Street’s Worried Economic Outlook Intensifies
The resurgence of Covid-19 cases across the US, coupled with the rising threat of inflationary pressures, appear to have caused anxiety at Wall Street, as billions of dollars have funnelled into “defensive” ETFS over the past several weeks. With Covid-19 cases rapidly on the rise in major states, and concerns mounting over the Federal Reserve […]