Xebec Gets EU Research Grant To Build 1 MW Electrolyser System For Sustainable Liquid Fuels
Xebec Adsorption Inc. (TSX: XBC) announced today that it has received a research grant to design and build a new type of industrial 1 MW-class electrolyser system. The project aims to “convert captured CO2 and water with renewable electricity into sustainable liquid fuels”. “We are ecstatic to be participating in this large EU project as […]
EnerDynamic Updates Market On Puerto Rico Operations
EnerDynamic Hybrid Technologies (TSXV: EHT) this morning provided an update on its ongoing work in Peurto Rico. The company is currently operating with joint venture partner Brieke Family Assets to develop and build energy efficient homes capable of withstanding hurricanes. To date, the joint venture has received a total of 341 orders for homes in […]
Jushi Holdings Sees Sundial Growers Joint Venture Provide US$100 Million Credit Facility
Jushi Holdings (CSE: JUSH) is the latest multi state cannabis operator to get further funding this week. The company this morning reported that it has entered into a definitive arrangement for a US$100 million senior secured credit facility. The facility itself comes from SunStream Bancorp, which is a joint venture that is sponsored by Sundial […]
Stone Gold Reveals Exploration Plans For Copper, Gold Projects
Stone Gold Inc (TSXV: STG) this morning provided an exploration update for its projects in Ontario. Both projects, which include the Copper Road Project, and the Glenrock Gold Project, are situated within a larger 21,000 hectare Batchewana Bay District claims package held by the company. The district itself is situated in what is known as […]
New Found Gold Sees Eric Sprott Invest $48 Million In Company
New Found Gold (TSXV: NFG) is raising money again. The company this morning announced that it will be conducting a private placement for gross proceeds of $48.0 million. The catch, is that the entire placement is being taken down by Eric Sprott. Under the terms of the financing, New Found Gold will sell a total […]
Zoglo’s Incredible To Launch New Product Line
Zoglo’s Incredible Food (CSE: ZOG) this morning announced that it intends to expand its product offerings via a new partnership agreement. The company has partnered with Classic Touch Foods in Ontario for a new line of vegan, plant-based foods. The partnership will see Zoglo’s enter the ready-to-eat vertical, with the duo introducing a co-branded product […]
Donald Trump’s Trump Media & Technology Group To Go Public Via SPAC Deal, Plans Launch Of Social Network
It appears that not all things SPAC have gone by the wayside. It was announced this evening that Digital World Acquisition Corp (NASDAQ: DWACU), a special purpose acquisition company formed just last month, has found an unlikely target. The company has entered an arrangement to merge with Trump Media & Technology Group. The transaction will […]
Not-So-Transitory Inflation SOARS by Fastest Pace Since February 2003
It’s unofficially official: central banks are losing control of galloping inflation, as the “transitory” deterioration of purchasing power becomes in fact, permanent. For the sixth month in a row, “transitory” inflation has risen above the Bank of Canada’s control range, as a variety of factors — most stemming from supply bottlenecks — become stubbornly persistent. […]
Tesla Reports Record Q3 Revenue Of $13.8 Billion
Tesla Inc (NASDAQ: TSLA) is currently down in after hours trading following the release of their financial results. The company posted record operating results for the quarter, with total revenues hitting $13.8 billion, of which automotive revenues accounted for $12.1 billion. Revenues were up 57% on a year over year basis, while automotive revenues were […]
Evergrande Makes Local Bond Payment as Offshore Investors Prepare for Official Default
Evergrande continues to remain barely afloat, despite making interest payments on a local bond. According to Reuters, Evergrande has successfully fulfilled an interest payment to domestic bond holders due Tuesday, after previously promising to make the payment. However, offshore investors have yet to receive an update on previously missed coupon payments from the embattled real […]