Mako Mining Records US$2.3 Million Net Loss, US$4.8 Million In Pre-Production Revenue For Q2 2021
Mako Mining Corp. (TSXV: MKO) announced its financial results for the quarter ending June 30, 2021. As the company only declared commercial production on July 1, 2021, the quarterly results highlighted a pre-production revenue of US$4.8 million from its San Albino gold mine in northern Nicaragua. The mining firm reported a net loss of US$2.3 […]
Ascend Wellness Raises US$210 Million From 9.5% Senior Secured Debt Financing
Ascend Wellness Holdings, Inc. (CSE: AAWH.U) reported today that it recently closed a US$210 million financing offering senior secured term loans bearing 9.5% annual interest. The placement was handled by Seaport Global Securities as the lead manager. According to the terms of the loan, the interest will be payable quarterly in arrears. The debt is […]
Datametrex AI Secures Two Additional Testing Contracts In Film Industry
Datametrex AI (TSXV: DM) continues to deliver on its healthcare operation as it pertains to testing for COVID-19. The company this morning announced that it has entered into arrangements to provide testing services for two new feature-length films. Testing for the two new Hollywood films is set to take place in Montreal, with minimal additional […]
High Tide Opens 22nd Ontario Store In Brampton
High Tide Inc. (TSXV: HITI) seems to be expanding its presence in Ontario. The cannabis firm just recently announced the opening of its Canna Cabana retail store in Brampton, Ontario, marking its 22nd branded retail location in the province. The new store is the company’s first to open in the city, selling recreational cannabis products […]
Red Light Holland, Creso Pharma Walk From Merger Due To COVID Headwinds
Red Light Holland (CSE: TRIP) and Creso Pharma (ASX: CPH) evidently have elected to walk from their previously announced merger arrangement. The termination is being blamed largely on the impacts of the ongoing COVID-19 pandemic. “Unfortunately, the geographic span of our respective businesses made a merger at this time impractical,” commented Creso’s Chairman Alex Blumenthal. […]
K92 Mining Intersects 49.93 G/T Gold Equivalent Over 6.25 Metres At Kainantu Mine
K92 Mining Inc. (TSX: KNT) announced today the results from its ongoing diamond drill program on the Judd vein system at the Kainantu gold mine in Papua New Guinea. Assay reports highlighted an intersect of 49.93 g/t gold equivalent over 6.25 metres true width. The results come from the 17 drill holes completed from underground […]
Trillium Gold Acquires Further Property Along NT Zone
The claims owned by Trillium Gold Mines (TSXV: TGM) appear to just keep on growing. The company this morning announced that it has acquired a further thirteen contiguous patented mineral claims in the Red Lake district of Ontario. The latest claims are significant for the company, in that they are southwest of the firms flagship […]
KetamineOne Expands Veteran Clinics With Four New Locations Across Canada
KetamineOne Capital (NEO: MEDI) is expanding its current offerings for veteran-focused multidisciplinary clinics. The company has added a total of four clinics under its Integrated Rehab and Performance banner across the country, with the four new locations to be opened by the end of the year. Focused on the customized treatment of members of the […]
i-80 Gold’s First Hole At Granite Creek Drills 6.80 G/T Gold
i-80 Gold Corp. (TSX: IAU) reported this morning the assay results from the first hole drilled at its Granite Creek property in Humboldt County, Nevada. The mining firm started underground drilling activities on the project in June 2021 after the overhauling of underground drill bays was completed. The maiden drill hole iGM21-01 intersected two zones […]
EnerDynamic Enters New Manufacturing Joint Venture
EnerDynamic Hybrid Technologies (TSXV: EHT) has found a new market for its solar operations. The company this morning announced that it has entered into a new joint venture agreement with Cinergex Solutions for the manufacturing of sustainable water solutions. The arrangement will see EnerDynamic manufacture and assemble what is referred to as water-to-water and air-to-water […]