Lundin Gold Produces 107,663 Ounces In Q3 2021
Lundin Gold Inc. (TSX: LUG) announced on Wednesday the production results for Q3 2021 at its Fruta del Norte gold mine in southeast Ecuador. The results highlighted producing 107,663 gold ounces for the quarter, up from Q3 2020’s production of 94,250 gold ounces. During the quarter, the company milled a total of 365,316 tonnes of […]
American Lithium Launches $20.0 Million Private Placement
American Lithium Corp. (TSXV: LI) announced last night that it has entered into an agreement to conduct a private placement. The financing is reported to be for aggregate gross proceeds of $20.0 million. The private offering, made with Eight Capital on behalf of a syndicate of agents, comprises 7,548,000 company units at $2.65 per unit. […]
Valens Company Posts Q3 Revenues Of $21.0 Million, Net Loss
The Valens Company (TSX: VLNS) last night released its third quarter financial results. The firm reported net revenues of $21.0 million for the period ended August 31, along with a net loss of $12.8 million and an adjusted EBITDA loss of $6.2 million. Revenues on a gross basis amounted to $24.6 million, before excise fees […]
KetamineOne Announces Two Studies Focused On PTSD, Depression
KetamineOne Capital (NEO: MEDI) has officially begun its research programs. The firm this morning announced the inaugural launch of not one, but two research studies. The studies will be centered around that of PTSD and depression. The first study, classified as a single arm, open label study of persons with PTSD, will examine persons undergoing […]
New Found Gold Hits 61.50 g/t Gold Over 5.20 Metres At Keats
New Found Gold (TSXV: NFG) this morning reported further drill results from its massive ongoing program at its Queensway Project in Newfoundland. The firm has seen additional significant intercepts at Keats via step-out drilling. The highlight hole today consists of an interval measuring 5.20 metres that hit 61.50 g/t gold, including 2.70 metres of 117.15 […]
PowerBand Solutions Reports Q3 Preliminary Gross Revenues Of $8.8 Million
PowerBand Solutions (TSXV: PBX) this morning released its much awaited sales numbers for September as well as the third quarter as a whole. Gross revenues for the quarter overall surged 88% to $8.8 million. While the company did not break down revenue figures specifically for September, based on the data provided September gross revenues are […]
Canopy Growth Pays US$297.5 Million For Call Option To Acquire US-Based Wana Brands
Canopy Growth Corp (TSX: WEED) (NASDAQ: CGC) is looking to acquire additional US-based cannabis assets. The company this morning announced an arrangement to acquire Wana Brands and its related entities upon US federal permissibility. The arrangement entered outlines a scenario where Wana Wellness LLC, The Cima Group, and Mountain High Products, whom make up Wanna […]
Ignite International Exits Cannabis In Canada Due To “Excessive Restrictions”
Ignite International Brands (CSE: BILZ) last night announced that it will be leaving behind its cannabis operations in Canada. The licensed producer announced that it will be exiting the cannabis space within the country, blaming the Canadian government for its decision. In announcing the departure, the company highlighted a number of issues surrounding the Canadian […]
Tesla’s China-Made Auto Sales Soar to Record in September
Shares of Tesla were sent higher on Tuesday, after the automaker revealed its China-made vehicle sales soared to a new record in September despite ongoing global supply bottlenecks. According to data confirmed by the China Passenger Car Association and seen by Reuters, Tesla sold a total of 56,006 vehicles that were manufactured in China last […]
Global Energy Crisis Continues To Grow; May Not Be Too Late for Investors to Increase Their Exposure to Energy Plays
The global energy crisis seems to grow more acute each day, and the effects of energy shortages, including natural gas, coal, oil, and liquified natural gas (LNG), seem to ripple daily from country to country and worldwide region to worldwide region. Energy stocks have less than a 3% weighting in the S&P 500 Index, so […]