Zoglo’s Set To Appear On Store Shelves In 136 Foodland Locations In Ontario
Zoglo’s Incredible Food Corp (CSE: ZOG) this morning had a brief announcement, indicating that it has yet again expanded its distribution within the province of Ontario. The latest firm set to carry the company’s plant-based foods is that of Foodland supermarkets. With 136 locations currently, Foodland is a subsidiary of Sobeys, Inc, which itself is […]
New Found Gold Doubles Queensway Drill Program To 400,000 Metres
New Found Gold (TSXV: NFG) is evidently putting that fresh capital that was infused by Eric Sprott to work. The company this morning had a major announcement in that it has doubled the size of its ongoing exploration program at its Queensway project in Newfoundland. Originally pegged at 200,000 metres, the continued success of the […]
Datametrex Moves To Final Round For $40 Million Contract Proposal
Datametrex AI (TSXV: DM) appears to be just a step away from securing a major contract in Canada. The company has reportedly entered into the final round for a major contract within the country. The contract in question is valued at roughly C$40.0 million, with the contract said to be related to artificial intelligence. The […]
Canadian Retail Sales Rose 2.1% in August
Canadian retail sales finished off the last month of summer on a positive note, rising 2.1% in August. However, the momentum was short-lived, as preliminary data for September suggests an increasing number of consumers are spending more on services rather than goods. On Friday, Statistics Canada reported that retail sales rose to $57.2 billion in […]
Gold Prices Accelerate as Fears Over Global Inflation Mount
Gold prices are once again on the rise, as investors around the globe prepare for the elevated risk of inflation that is anything but transitory. December gold futures hit a high of more than $1810 per ounce on Friday, marking an increase of about 2.5% during the week— the fastest weekly gain since the beginning […]
Evergrande Makes Surprise $83.5 Billion Offshore Bond Payment, Avoiding Last Minute Default
In a shocking revelation, China’s most indebted property developer has made a surprise last-minute interest payment on dollar bonds due October 23, avoiding— or at least postponing— what would have been a default of biblical proportions. In a last-minute hail mary attempt to rescue itself out of what otherwise would have been one of Asia’s […]
Pegasus Resources Expands Its Uranium Assets In Saskatchewan
Pegasus Resources Inc. (TSXV:PEGA) continues to make its presence in the prolific Athabasca Basin uranium camp with the recently announced acquisition of three uranium properties at the northwest edge of the Basin. The 54,026 hectare properties comprising 13 mineral claims contain a cumulative total of 535,718 lbs of uranium, and significantly, includes a historic resource […]
Rogers Communications Saga Sees Director Take To Twitter To Shame Former Chairman
The Rogers Communications (TSX: RCI) saga has continued to unfold this weekend as expected, and it appears we might be headed for the main event soon. Friday night, as well as yesterday, director and daughter of company founder Ted Rogers, Martha Rogers, took to Twitter to publicly eviscerate her brother, Ed Rogers. Her tweets relate […]
More Than 80% of Canada’s Cannabis CEOs at the Time of Adult-Use Legalization Have Left
Three years into adult-use legalization – fewer than 1 in 5 CEOs who were there from the kick-off are still there Since the kick-off of adult use legalization on October 17, 2018, to say Canadian cannabis companies have had a rough go of it would be an understatement. Many valuations crashed by more than 90%, […]
LG Companies to Pay $918M Over Chevy Bolt Fires, Resume Plans for IPO Before Year-End
LG Chem has come to an agreement with General Motors (NYSE: GM) to cover the cost of the Bolt battery recall, as the automaker is forced to recall all Bolt EVs ever produced. According to a company statement seen by Bloomberg, LG Energy Solution and LG Electronics Inc— both of which are owned by LG […]