Tilray: Canaccord Cuts Price Target To $12 After Q1 Results
On October 7, Tilray Inc (TSX: TLRY) reported their first quarter financial results for the period ending August 31st, 2021. The company reported revenues of $168.02 million for the first quarter, up 43% year over year. The company also posted a net loss of $34.6 million or earnings per share of negative $0.08. A number […]
Superior Gold Produces 19,379 Gold Ounces In Q3 2021
Superior Gold Inc. (TSXV: SGI) released today its production results for Q3 2021, highlighting gold production of 19,379 ounces from its 100%-owned Plutonic Gold operations in Western Australia. This is a hairline increase from Q2 2021’s production of 19,356 gold ounces. The company mined more stope material this quarter at 175,143 tonnes compared to last […]
Neo Lithium To Be Acquired By Chinese Mining Firm Zijin In A $960 Million All-Cash Deal
Neo Lithium Corp. (TSXV: NLC) announced on Friday night that it has entered into a definitive agreement with Chinese mining company Zijin Mining Group Co. (SSE: 601899) in which the latter is set to acquire the Canadian firm. The acquisition deal is reported to be for a total consideration of approximately $960 million. Under the […]
Canada Jetlines To Begin Trading On The Neo Tomorrow
Canada Jetlines, whom was previously a subsidiary of Global Crossing (TSXV: JET), this morning announced that it is nearing completion of its spinout. The firm this morning indicated that it has been approved for listing on the Neo Exchange. The company is expected to begin trading tomorrow, October 13, on the Neo. The firm will […]
United Lithium Encouraged By Proprietary Floatation Test Development
United Lithium Corp (CSE: ULTH) this morning released results from ongoing testing of proprietary floatation testing technology. The firm has seen strong results from a sustainable process flowsheet being developed for the recovery of certain lithium minerals from hard rock deposits. The floatation testing is focused on the recovery of spodumene, which is the primary […]
Peak Fintech Releases Processing Figures For Heartbeat Insurance Platform
Peak Fintech Group (CSE: PKK) this morning released data on its insurance brokerage platform, Heartbeat. The data pertained to the number of policies processed over the last five months, an obscure metric, with little context provided by the company. Peak reported this morning that a total of 152,016 insurance policies were processed by the Heartbeat […]
Harborside To Build 11 Acre Solar Microgrid At Salinas Campus
Harborside Inc (CSE: HBOR) is going green. The California-based operator this morning announced that it is in the process of planning a renewable energy project at its 47 acre Salinas production campus. The project will see the development of an 11 acre solar array, with the array expected to entirely offset the firms energy consumption […]
Mako Mining Recovers 8,239 Ounces Of Gold In First Quarter Of Commercial Production
Mako Mining (TSXV: MKO) this morning released data on its production results for the third quarter. The release marked a milestone for the company, with the quarter being the first full quarter of production following the announcement of commercial production in July. The company noted that the quarter saw a total of 51,210 tonnes mined […]
Driven By Stem Sees Ecommerce App For Budee Added To Apple App Store
Driven By Stem (CSE: STEM) continues to drive forward with its delivery-as-a-service offering within the US cannabis marketplace. The firm yesterday morning announced that its Budee e-commerce platform has seen its mobile app become listed within the Apple App Store. The Budee Cannabis Delivery App has now officially been launched, enabled the firms 173,000 customers […]
High Tide Plans To Enter UK Market With £9.1 Million Blessed CBD Acquisition Deal
High Tide Inc. (TSXV: HITI) announced last week that it has entered into a definitive agreement to acquire 80% of Scotland-headquartered Enigmaa Ltd., operating as Blessed CBD. The acquisition, reported to be for consideration of £9.1 million ($15.58 million as of this writing), marks the firm’s entry into the UK cannabis market. “This acquisition marks […]