Equinox Gold Reports US$314 Million After-Tax NPV For Aurizona Gold Mine
Equinox Gold Corp. (TSX: EQX) shared today the results of its pre-feasibility study for an expansion at its Aurizona gold mine located in Brazil. The results highlighted US$314 million after-tax NPV5% at a base case price of US$1,500 per gold ounce. According to the study, expanding the property through mining underground and satellite open-pit deposits […]
Bright Minds: Eight Capital Assigns $11.50 Price Target To Firm
Last week, Eight Capital launched coverage on a basket of psychedelic companies. This comes after they produced an industry primer during the summer months. The last company to be initiated on is Bright Minds Biosciences (CSE: DRUG), with an C$11.50 price target, or a 67% upside and a buy rating. Eight Capital headlines the note, […]
Skeena Resources Completes $7 Million Financing
Skeena Resources (TSX: SKE) announced on Friday that it has closed its previously announced non-brokered private placement offering. The proceeds from the offering are reported to be approximately $7 million as the company stated in its prior announcement. Through the offering, the mining firm issued 346,364 flow-through shares at $20.21 per share. Net proceeds are […]
Stem Holdings Acquires Two Dispensaries, Extractor In Oregon
Stem Holdings (CSE: STEM) is evidently looking to dominate the Oregon cannabis market. The firm this morning announced the acquisition of Artifact Extracts, an operator within the state, and two additional dispensaries as the firm looks to grow its presence and capture a larger market share. The acquisition of Artifact Extracts was a strategic one, […]
Pfizer-BioNTech COVID-19 Vaccine Trial For Ages 5-11 Returns Favorable Topline Results
Pfizer Inc. (NYSE: PFE) and BioNTech SE (Nasdaq: BNTX) announced this morning the topline results coming from its phase 2/3 trial of its COVID-19 vaccine administered to children 5 to 11 years of age, showing “favorable safety profile and robust neutralizing antibody responses”. The companies report that the results are the first from a “pivotal […]
AmmPower Hires Director Of Ammonia Production Processes
AmmPower Corp (CSE: AMMP) this morning forged ahead with its focus on ammonia plant manufacturing. The firm has appointed a leader in the manufacturing industry, whom is highly qualified in terms of designing and operating ammonia and urea projects. Taking on the role of Director – Ammonia Production Processes is that of Venkat Pattabathula, whom […]
Pegasus Resources Looks To Acquire Uranium Assets In Athabasca Basin
Uranium, by all accounts, appears to be the hot ticket right now. At least, Pegasus Resources (TSXV: PEGA) appears to think so, with the firm this morning issuing a brief release on the matter. The company this morning indicated that it is in the process of reviewing and in negotiations for “a number of uranium […]
Tilray Sees Gotham Green Look To Sell Recently Acquired Shares
It appears that Gotham Green Partners has approximately zero interest in being a shareholder of Tilray Inc (TSX: TLRY) (NASDAQ: TLRY). On Friday, the issuer filed an 8-K indicating that the fund was already looking to sell its stake in the company that it just recently obtained. In total, Gotham Green and its affiliates are […]
EnerDynamic Secures Additional $21.0 Million Purchase Order In Puerto Rico
EnerDynamic Hybrid Technologies (TSXV: EHT) this morning had a major development, in that it has received a massive additional order for its rebuilding project in Peurto Rico. The firm has seen three new housing developments place an order for a collective $21.0 million order. The massive order represents an additional 141 new homes that the […]
Canopy Growth Sees Chief Legal Officer Resign
It appears that management changes might be coming to Canopy Growth Corp (TSX: WEED) (NASDAQ: CGC). The firm this morning filed an 8-K with the Securities and Exchange Commission, without issuing a corresponding news release, about a management departure. Leaving the company is that of Phil Shaer, Chief Legal Officer and Corporate Secretary of the […]