SOL Global Investments Announces New Green Investment Firm House Of Lithium
SOL Global Investments Corp. (CSE: SOL) today announced the launch of a specialized investment company called House of Lithium. The newly created firm is reported to target businesses “that are leading the way in the green revolution”. “Our historic successes have come from finding ‘the next sector’ and making big, concentrated bets early while valuations […]
Chinese Crackdown On Tech Continues With Gaming Firms The Latest Focus
It’s been a busy summer for Chinese companies. It all started off when Didi Global (NYSE: DIDI) “IPO’d” on June 30th, 2021, raising billions of dollars by selling American depository receipts or ADRs. Shortly after the listing, the news came out that Didi concealed its talks with the Chinese regulators over what data the company […]
Crescent Point Projects 131,000 – 135,000 BOE/D Average Production In 2022
Crescent Point Energy Corp. (TSX: CPG) reported this morning its preliminary production outlook for 2022. The energy company is expecting to generate an annual average production of 131,000 – 135,000 boe/d for next year. The projected production is based on a development capital expenditure expectation between $825 – $900 million. The company further relayed that […]
SSR Mining Drills 19.16 G/T Gold Over 6.98 Metres At Seabee
SSR Mining Inc. (TSX: SSRM) announced this morning the results from its Seabee mine and adjacent targets in Saskatchewan, Canada. The report highlights an assay of 19.16 g/t gold over 6.98 metres. The company provided the drill results from 127 holes out of the program. The mining firm holds 100% of the mineral claims on […]
Jushi Enters State Of Massachusetts Following Closing Of Acquisition
Jushi Holdings (CSE: JUSH) has officially entered the State of Massachusetts. The company has entered the state following the closing of the previously announced acquisition of Nature’s Remedy of Massachusetts. While the acquisition brings a new market to the company, it certainly did not come cheaply. The purchase came at a price tag of US$91.2 […]
InMed To Acquire BayMedica In All-Stock Transaction Pegged At US$3.7 Million
InMed Pharmaceuticals (NASDAQ: INM) is looking to acquire one of its competitors. The firm has entered into a definitive agreement to acquire BayMedica Inc, a specialty firm focused on manufacturing and commercializing cannabinoids. The company expects that the acquisition will make it a leader globally in the manufacture of rare cannabinoids, between its own processes […]
Carbon Streaming Acquires Stream Focused On Protecting Brazilian Savannah
Carbon Streaming Corp (NEO: NETZ) this morning revealed its latest investment within the carbon credit sector. The latest project supported by the company is that of the Cerrado Biome Project, operated by Ecosystem Regeneration Association, also known as ERA Brazil. The Cerrado Biome Project is focused on the protection of native forests and grasslands, in […]
Hive Blockchain To Change Nasdaq Symbol to ‘HIVE’
HIVE Blockchain Technologies Ltd. (TSXV: HIVE) announced today that it will start trading on the Nasdaq Capital Market under a new ticker symbol. Starting September 14, 2021, the digital will now trade under ‘HIVE’, changing from ‘HVBT’. “I am thrilled that we will make it much easier for Hive Blockchain technology investors and traders in […]
MustGrow Biologics To Raise $2.0 Million In Private Placement
MustGrow Biologics (CSE: MGRO) this morning announced it will be conducting a small financing. The firm will look to raise $2.0 million via a non-brokered financing. Under the terms of the financing, the company is selling units at a price of $2.60 per each. Each unit contains one common share and one full warrant, with […]
Medallion Fund Shareholders To Pay An Estimated $7 Billion In Tax, RenTech CEO Pays $670 Million
The executives behind one of the largest and most profitable quantitative hedge funds, Renaissance Technologies or RenTech, have settled an IRS dispute for up to $7 billion, with the founder James Simons, paying an additional $670 million in a “settlement payment.” RenTech was founded in 1982, and in 1988 it created one of the most […]