Carbon Streaming Sets Date For Share Consolidation
Carbon Streaming Corp (NEO: NETZ) this morning provided further details on its proposed share consolidation that was previously announced. The consolidation is being undertaken as a necessary step in advance of listing on a US big board exchange. The company has set the date of the previously announced one for five share consolidation to that […]
Galaxy Digital Sees Venture Fund Raise $325 Million
Galaxy Digital Holdings Ltd. (TSX: GLXY) announced today that its affiliate, venture fund Galaxy Interactive, was able to raise $325 million of committed capital. The company said the funding round was participated by over 70 new limited partnerships. Out of the raised funding, the firm has invested and earmarked nearly $150 million for new portfolio […]
Imperial Helium Releases Production Test Analysis On Second Well, Announces Third Well
Imperial Helium (TSXV: IHC) this morning released further data on its second well at Steveville, while also announcing a planned third well. The data comes from IHS Markit’s independent production test, which was conducted on the well. The results from the test of the second well, IHC-Steveville-2, are said to meet and exceed the expectations […]
WonderFi Looks To Raise $20 Million Via Bought Deal
WonderFi Technologies (NEO: WNDR) is looking to take advantage of the current positive sentiment within the crypto related space. The company this morning announced that it has entered an arrangement with Canaccord Genuity to conduct a bought deal private placement. The financing will see total gross proceeds of $20.0 million raised via the sale of […]
United Lithium Assays 2.15% Lithium Oxide In Newest Boulder Train Discovery
United Lithium (CSE: ULTH) this morning released further assay results from the ongoing sampling and mapping program at its Bergby Lithium Project in Sweden. The company has encountered additional boulder trains on the property, pointing to new mineralized lithium bodies on the property. The latest results come from a region of the property that is […]
Uranium Royalty Corp Purchases 400,000 Pounds Of Physical Uranium
By all accounts, it appears that there is a silent agreement among uranium names focused on lifting the price of the yellow metal through any means possible. After yesterdays announcement that Kazatomprom, the largest producer of uranium globally, would be taking a major stake in a physical uranium fund, Uranium Royalty Corp (TSXV: URC) this […]
Inca One Gold Reports US$9.7 Million In Q3 Sales
Inca One Gold (TSXV: INCA) this morning released unaudited gold and silver sales data for the third quarter, ahead of the release of its full financial results for the period. The company reported record Q3 sales for the period, with total sales of US$9.7 million. The sales results come from the firms Kori One Plant […]
Kazatomprom Takes Major Stake In New Physical Uranium Fund
It appears that we have reached a point in the uranium market where producers themselves are investing in physical uranium funds. Yesterday, Kazatomprom (LSE: KAP), the largest producer of uranium globally, announced that it will be taking a 48.5% stake in a new physical uranium fund to be listed with the Astana International Financial Centre […]
Max Resource Encounters 3.3% Copper, 5 g/t Silver Over 15.0 Metres In Latest Sample
Max Resource Corp (TSXV: MXR) continues to make discoveries at its Cesar property in northern Colombia. The company this morning released further assays from the ongoing exploration program at the Conejo zone, with the zone being expanded yet again from the most recent discoveries. Specifically, the company encountered 3.3% copper and 5 g/t silver in […]
NY Attorney General Orders Two Crypto Platforms to Cease Operations Over Unlawful Lending Activities
The regulatory crackdown on crypto trading platforms continues. On Monday, Attorney General for New York Letitia James barred two crypto lending platforms from operating in the state, while three other companies received letters requesting more information regarding their activities. According to the statement, the two platforms in question— which were initially identified to be Celsius […]