Fertilizer Prices Soar to Highest in Decade Amid Supply Chain Disruptions, Adverse Climate Conditions
Prices for fertilizer across North America have soared to the highest in nearly a decade, as elevated commodity prices prompt some farmers to increase crop yields, leading to a sudden growth in demand for the nutrients essential for food production. Bloomberg’s Green Markets North America Fertilizer Price Index has jumped to the highest since 2012, […]
Neptune Wellness Receives Nasdaq Notification After Closing Price Trades Below Minimum Bid
Neptune Wellness Solutions Inc. (Nasdaq: NEPT) (TSX: NEPT) received written notification on Monday from the Nasdaq Stock Market for failing to comply with the minimum bid price requirement. This followed after the company’s closing price on the big board falls short of the US$1.00 threshold. According to Nasdaq’s listing rules, a failure to meet the […]
Axie Infinity: The Short Of It.
Today, Steve finally gives in to talk about Axie Infinity (even if he doesn’t really play video games). Can you really earn money from merely playing games online? Axie Infinity is basically a growing universe of games and systems that use characters called “Axies”. The characters and in-game resources can be sold as NFTs. But […]
Deep-South Sees High Court Restricts Namibia Gov’t Any License Grant On Haib Copper Pending Ruling
Deep-South Resources Inc. (TSXV: DSM) sees light in its contested license renewal for Haib Copper project. The mining firm announced today that the High Court of Namibia rendered a decision that restricts the country’s Ministry of Mines and Energy from granting any mineral license covering the disputed property pending the review of the non-renewal decision. […]
WeCommerce: Canaccord Reiterates $20 Price Target After Lumpy Quarter
On August 26, WeCommerce (TSXV: WE) reported its second quarter financial results. The company announced total revenue came in at $9.53 million, up 57.6% sequentially, while SG&A came in at $6.85 million, up 60.4% and putting operating margins at -5.2%, down from the -2.3% in the first quarter. The firm reported earnings per share of […]
Health SPAC CHW Acquisition Upsizes IPO To US$110 Million
Special purpose acquisition company CHW Acquisition Corporation (Nasdaq: CHWAU) went public on the Nasdaq Capital Market Monday. The firm has now upsized its initial public offering, aiming to now raise US$110.0 million in gross proceeds. The offering consists of 11.0 million units priced at US$10.00 per unit, up from the initial 10.0 million units. Each […]
Soma Gold Posts Revenue Of $8.4 Million, $1.1 Million Net Loss In Q2 2021
Soma Gold Corp. (TSXV: SOMA) reported this morning its financial results for Q2 2021, highlighting quarterly revenue of $8.4 million. This is an increase from Q2 2020’s revenue of $1.6 million. The mining firm was able to sell 3,802 gold equivalent ounces during the quarter at an average price of US$1,832 per ounce sold. These […]
Trans Canada Gold Receives Drill Permits For Newfoundland Property
Trans Canada Gold Corp (TSXV: TTG) this morning announced that it has received drill permits for its Crippleback Gold project, located in Central Newfoundland. The full approval follows an initial exploration permit approval at the end of June. With the drill permits in hand, the company is now in the process of preparing gold targets […]
Alimentation Couche-Tard Exceeds Analysts Estimates With US$1.4 Billion EBITDA In Fiscal Q1 2022
Alimentation Couche-Tard Inc. (TSX: ATD.B) reported on Tuesday its financial performance for the fiscal first quarter ending July 18, 2021. The results highlighted a quarterly EBITDA of US$1.359 billion, exceeding analysts’ estimates and beating by a hairline margin its Q1 2021 EBITDA of US$1.357 billion. Quarterly topline revenue figure ended at US$13.6 billion, up from […]
TerrAscend To Acquire Gage Cannabis For US$545 Million In All Stock Deal
As was heavily speculated on Twitter this morning, TerrAscend Corp (CSE: TER) has entered into an arrangement to acquire that of Gage Growth Corp (CSE: GAGE), thereby expanding its presence to include the state of Michigan. The transaction is set to take the form of an all-stock deal. Under the terms of the arrangement, Gage […]