Verano Holdings Expands Credit Facility By US$120 Million
Verano Holdings (CSE: VRNO) has secured additional funding. The funding comes from an amendment to an existing credit facility, which provides the company access to an additional US$120 million in funds. With the amendment, the credit facility as a whole has now ballooned to US$250 million. Despite the substantial upsizing of the loan, the interest […]
Pegasus Resources Acquires Property With Historic Resource Of 535,718 Pounds U3O8
Pegasus Resources (TSXV: PEGA) is evidently going deep into the uranium sector. The company this morning revealed that it has acquired three more uranium properties in the Athabasca Basin region, in addition to the acquisition of the Pine Channel Uranium Property announced two weeks ago. Included within one of the properties is a notable historic […]
Ayr Wellness Raises US$49.7 Million From Warrant Acceleration
Ayr Wellness (CSE: AYR.A) this morning provided investors with a brief update following a warrant acceleration and the related incentive program that effectively lowered the conversion cost of such warrants. With the program now closed, the company provided financial details from the program. The program saw 91% of warrant holders elect to convert warrants in […]
Denarius Silver Commences 23,500 Metre Drill Program At Lomero-Poyatos
Drilling is set to get underway for Denarius Silver (TSXV: DSLV) at its property in Spain. The company is set to get the drills turning on its first drill program at the Lomero-Poyatos project, which is located on the Iberian Pyrite Belt in the south of Spain. The drill program is slated to consist of […]
QYOU Media Enhances Distribution With Smart TV Deal
Distribution is set to increase yet again for QYOU Media (TSXV: QYOU) and their flagship channel, The Q India. The company this morning indicated that it will be the first free Hindi general entertainment channel to launch on one of the largest smart TV platforms in India. The company has entered an arrangement to have […]
First Helium Set To Begin Drilling Next Month At Worsley Property
First Helium (TSXV: HELI) is set to drill its first exploratory well in Alberta. The announcement follows the Alberta Energy Regulator approving the firm to conduct drilling on its Worsley property. Drilling is expected to begin early next month, with the exploratory well slated to be near to the firms discovery well on the property. […]
InsuraGuest Begins Selling Its Insurance Products On LMPM
As a follow-on to an announcement made last month, InsuraGuest Technologies (TSXV: ISGI) this morning indicated it has gone live on a platform that it recently reached a vendor agreement with. InsuraGuest’s products are now officially available on the Lightmaker Property Manager Platform. Billed as one of the best property management systems for vacation rental […]
Sundial Growers Begins Unloading Shares Of Indiva
By all accounts, it appears that Sundial Growers (NASDAQ: SNDL) has a rather loose strategy when it comes to its Canadian cannabis investments. The company this morning filed that it has begun selling its stake in Indiva Limited (TSXV: NDVA) after roughly seven months. The company revealed this morning that it had begun selling a […]
Datametrex Officially Enters Beta Phase For Telemedicine App
Datametrex AI (TSXV: DM) is one step closer to offering a full service telemedicine app. The company this morning indicated that its Medi-Call MD subsidiary has entered the beta test stage of its phone app, with a closed beta now being launched for patients. Select patients are to be enrolled within the beta program, with […]
Hindenburg Research Takes Aim At Tether, Offers $1.0 Million Bounty For Key Information
Either go big, or go home. Notorious short sellers Hindenburg Research this evening took aim at perhaps one of the largest potentials for a fraud in the current market: tether. The firm this evening made the announcement that it is targeting the stablecoin due to its “doubts about the legitimacy” of the coin. Hindenburg however […]