Powerband: 56% Revenue Growth Month Over Month w/ Jon Lamb – The Daily Dive
Joining us for the final episode of the Daily Dive this week we are joined with Jon Lamb of PowerBand Solutions (TSXV: PBX). Jon joins us this afternoon to discuss the latest monthly numbers for the company, the gaps that the firms three platforms fill, how transactions work on the firms platform, and the used […]
K92 Mining Advances Kainantu Mine To Stage 2A Expansion, Increases Annual Throughput To 500,000 Tonnes
K92 Mining Inc. (TSX: KNT) announced on Thursday that it has approved the stage 2A expansion at its Kainantu gold mine in Papua New Guinea. The move is expected to increase the mine’s throughput to 500,000 tonnes per annum or 1,370 tonnes per day. The stage advancement represents a 25% increase from the stage 2 […]
SNC-Lavalin Secures US$28 Million Contract With North Texas Tollway Authority
SNC-Lavalin Group Inc. (TSX: SNC) has been awarded a four-year contract to provide maintenance management consultant (MMC) services for the North Texas Tollway Authority. The company reports the contract is worth US$28 million. Under the contract, the project management firm will be tasked to establish processes that will help the tollway authority manage the maintenance […]
Karora Resources Hits 4.0% Nickel Over 3.5 Metres At Beta Hunt, Extends Mineralization Zone To Over 80 Metres
Karora Resources Inc. (TSX: KRR) announced this morning the follow-up drill results at the 50C nickel trough discovery at Beta Hunt. The mining firm relayed that these assays defined an extension of the zone to over 80 metres in width. “We have now extended the width of nickel mineralization at the 50C discovery to over […]
US Senate Agrees to Raise Debt Ceiling Until December
Democrats and Republicans have finally come to a short-term agreement to raise the debt ceiling until December, following what were weeks of theatrics and hysteria from the Senate. As expected, both sides on Capitol Hill have come to an agreement to raise the US debt ceiling until December, thus averting a catastrophic government debt default, […]
Alimentation Couche-Tard Repurchases Class B Shares From Executive Chairman For $300 Million
Alimentation Couche-Tard Inc. (TSX: ATD.B) reported today that it has entered into a private agreement with a corporation controlled by its founder and executive chairman Alain Bouchard to repurchase Class B subordinate voting shares. The share buyback transaction with Développements Orano is expected for a total consideration of approximately $300 million. Under the agreement, the […]
Hive Blockchain Reports ATM Financing Has Raised Total Proceeds Of US$87.3 Million To Date
It appears that Hive Blockchain (TSXV: HIVE) has nearly completed its previously announced at-the-market offering of US$100 million. The firm this morning provided the final figure raised in calendar Q3 from the financing. The firm this morning indicated that a total of C$19.2 million, or US$15.2 million, was raised during the three month period ended […]
Neighbourly Pharmacy Announces $130 Bought Deal, Of Which $100 Million Is A Secondary Offering
Neighbourly Pharmacy (TSX: NBLY) is evidently looking to provide its early investors with a way out of its equity. The firm last night announced a bought deal financing, the majority of which will see shares sold as a secondary offering. Under the terms of the financing, a total of 4.23 million common shares are to […]
Ceres Acquisition Corp Looks To Calm Investors Via Brief Letter
Ceres Acquisition Corp (NEO: CERE.u) has evidently been feeling some pain since the previously announced transaction with Parallel was cancelled. The cannabis-focused SPAC last night issued a brief letter to shareholders in what appears to be an attempt to quell investor frustration. Within the brief letter, the special purpose acquisition corporation quickly explained that the […]
Sundial Growers To Acquire Alcanna In $346 Million Transaction
Sundial Growers (NASDAQ: SNDL) has taken a page out of the Tilray (NASDAQ: TLRY) playbook by diversifying its operations into the beverage alcohol space. The company last night announced that it has reached an agreement to acquire Alcanna Inc (TSX: CLIQ), a liquor retailer primarily based in Alberta. Alcanna is the largest private liquor retailer […]