C3 Metals Augments Bought Deal Private Placement To $18 Million
C3 Metals Inc. (TSXV: CCCM) announced on Thursday that it is amending its bought deal financing agreement with a syndicate of underwriters led by Canaccord Genuity. From the previously announced $15.0 million deal, the firm reported that the underwriters have agreed to upsize it to $18.0 million. At the same share price of $0.19, the […]
Corus Entertainment Posts $1.5 Billion In Revenue For Fiscal Year 2021
Corus Entertainment Inc. (TSX: CJR.B) announced today its financial results for the full fiscal year 2021 ending August 31, 2021. The results highlighted $1.54 billion in annual revenue, a marginal increase from 2020’s $1.51 billion. “The benefits we are seeing from the disciplined execution of our strategic plan, in concert with emerging powerful tailwinds from […]
Peak Fintech Releases Updated Guidance Reflecting North American Expansion Plans
Peak Fintech Group (CSE: PKK) this morning shared the updated revenue and earnings guidance for 2021-2023. The update in the projected guidance will accommodate the firm’s plans to expand its North American operations following the Cubeler acquisition. The company increased its revenue guidance to $109.0 million (5%) in 2021, $345.0 million (13%) in 2022, and $814.0 […]
Federal Reserve Bans Policymakers From Stock Trading Following String of Controversies
After several high-profile controversies involving Fed officials including Fed Chair Jerome Powell himself taking part in insider trading unethical investing practices, the Federal Reserve Board has finally decided to address the controversial issue and impose a sweeping ban on investing in individual publicly traded companies. On Thursday, the Federal Reserve announced a wide-ranging set of […]
Bonterra Closes Upsized $11.7 Million Flow-Through Financing
Bonterra Resources (TSXV: BTR) announced on Thursday that it has closed its previously announced private placement. The offering raised $11.7 million, up from the target of $10.1 million disclosed when the financing was announced. Through the offering, the company sold 7.9 million flow-through shares, an upsize from 6.9 million shares during the announcement. The shares were […]
Rogers Communications Sees Ousted Chairman Look To Restructure Board Through Control Trust
It appears that there is a battle for control raging at one of Canada’s largest media providers. Last night, Rogers Communications (TSX: RCI) announced that John A MacDonald would become the chairman of the company, with Edward Rogers being push to the role of a director rather than Chairman. Rogers, however, evidently was not a […]
Heritage Cannabis Secures $1.5 Million From Merida Capital For Missouri Entrance
Heritage Cannabis (CSE: CANN) has secured further financing. The company last night announced that it has secured funds from Merida Capital, which will be used to finance its entrance into the state of Missouri. Under the definitive agreement entered within with Merida Capital Partners, whom is investing in the company under its third and fourth […]
Red White & Bloom Appoints CFO With Extensive Beverage Alcohol Experience
Red White & Bloom (CSE: RWB) this morning appointed a new chief financial officer to the firms executive team, replacing Theo van der Linde, whom will remain as a director. Taking on the role will be that of Christopher Ecken, whom has been an executive within the alcohol industry for decades. Ecken comes highlight experienced […]
Halo Collective Extends Maturity Of $15 Million Promissory Note
The Halo Collective (NEO: HALO) last night managed to extend certain funding it has received from its financial partners. The company has extended a convertible promissory note for a third time with a private arms-length lender. The note provides the company with up to $15 million, with the note bearing interest at a rate of […]
Emerita Resources Hits 2.5% Copper, 8.7% Lead, 17.3% Zinc, 223.5 g/t Silver 0.5 g/t Gold Over 8.2 Metres In Step Out Hole
Emerita Resources (TSXV: EMO) continued to deliver strong drill results this morning, with the latest results from its ongoing program at its Infanta property demonstrating strong mineralization. Results released this morning include the first step out drill hole conducted under the proghram, as well as in-fill drill results. The step out drill hole, IN018, is […]