Antibe Therapeutics Pauses Otenaproxesul Trial After Exceeding Safety Threshold
Antibe Therapeutics Inc. (TSX: ATE) shared today that it is putting on pause the absorption, metabolism, and excretion study of its osteoarthritis pain treatment lead candidate otenaproxesul. This follows after the clinical study exceeded the pre-specified safety threshold. The study is part of the drug candidate’s Phase III trial involving 42 subjects. Three of the […]
Carbon Streaming Corp Acquires Significant 2.9 Million Per Year Carbon Credit Stream
Carbon Streaming Corp (NEO: NETZ) this morning announced its latest carbon streaming arrangement. The latest agreement has been entered into with that of Infinite-EARTH, the developer of the Rimba Raya Biodiversity Reserve Project, which is already producing annual carbon credits. The project itself is viewed as the flagship REDD+ project, which refers to “reducing emissions […]
Imperial Helium Begins Drilling Second Well At Steveville
Imperial Helium (TSXV: IHC) continues to simply do the work. The firm this morning announced that it has spud its second well at its flagship property in Alberta, known as the Steveville Property. The well itself is referred to as an appraisal well, with two such wells to be drilled on the property. Drilling is […]
Monarch Mining Inks $13.5 Million Financing With Investissement Québec
Monarch Mining Corporation (TSX: GBAR) announced this morning it has recently entered into a senior secured term loan agreement with Investissement Québec. The $13.5-million financing is earmarked to finance the reopening of Beaufor Mine and Beacon Mill. ‘This latest non-dilutive financing agreement, combined with other recently announced financings, will enable us to easily recommission our […]
The Parent Company Acquires Dispensary In Ceres, California
TPCO Holdings (NEO: GRAM), whom is more commonly known as The Parent Company, this morning issued a brief release indicating it has expanded its retail footprint within California. The expansion comes via the acquisition of Jayden’s Journey. Jayden’s Journey is an operating retail dispensary, located within Ceres, California. The brand itself is known for supporting […]
Glass House Brands Accelerates Acquisition Of Greenhouse Assets
Glass House Brands (NEO: GLAS.A.U) is accelerating the timeline for closing on its greenhouse. The recently de-SPAC’ed firm, whom is known for its large cannabis cultivation facility in California, is now set to acquire that large facility by the end of the third quarter of 2021. Despite setting a name for itself as one of […]
Zoglo’s To Acquire Majority Stake in Monday Swiss In All-Stock Transaction
It may have just gone public, but that isn’t stopping Zoglo’s Incredible Food Corp (CSE: ZOG) from focusing on expansion. The plant-based food firm this morning indicated that it has entered into a non-binding letter of intent to acquire a majority stake in Monday Swiss. The LOI entered into between the two firms outlines a […]
PureGold Finally Achieves Commercial Production At Flagship Mine
Pure Gold Mining (TSXV: PGM) this morning had a rather significant announcement. The firm has finally achieved commercial production at its PureGold Mine in Red Lake, Ontario. The official declaration follows an extended period of commissioning at the mine. The company conducted its first gold pour back in December 2020, after which it stated that […]
ChargePoint: Will Tesla’s Plans To Open Its Charging Network Impact The Company?
In a positive development for owners of electric vehicles (EVs), Tesla (NASDAQ: TSLA) CEO Elon Musk announced via a tweet on July 20, and reiterated during Tesla’s earnings conference call on July 26, that Tesla plans to open its proprietary charging network to non-Tesla EVs in late 2021. At the margin, Tesla’s announcement may be […]
Twitter: BMO Raises Prices Target To $70
Twitter Inc (NYSE: TWTR) on July 22 reported their second quarter earnings, beating analysts’ estimates. The company reported revenues of $1.19 billion, growing 74.2% year over year. Gross profits also grew by 95.6% year over year to $773.5 million. The company had gross margins of 65% and an operating margin of 6.9%. Net income came […]