European Natural Gas Prices EXPLODE Wednesday As Hyperinflation Accelerates Across Energy Markets
Natural gas prices across Europe took a sharp turn for the worse, as Dutch and UK futures exploded by more than 50% over a 48-hour period. According to data from the Intercontinental Exchange (ICE), November futures on the TTF in the Netherlands skyrocketed to $1,936 per 1,000 cubic meters on Wednesday morning, or $186 per […]
CytoDyn Files Legal Actions Against Its Former Contract Research Organization
CytoDyn Inc. (OTCQB: CYDY) announced this morning that it has filed a legal complaint about an alleged breach of contract against its former contract research organization, Amarex Clinical Research. The biotech company alleges that Amarex failed to perform its obligations under the agreement between the two parties, which resulted in the company suffering damages. Included […]
Surging Oil Prices to Cause Headaches for Canadians at Pumps Ahead of Holiday
With crude oil prices steadily accelerating over the past several months, gas prices across Canada and the US have forcing drivers to pay more at the pumps. With crude oil futures rising above $77 per barrel on Wednesday after nearly hitting $80 per barrel— the highest since 2014— during the prior trading session, consumers have […]
Amir Adnani: Uranium Supply Has 60 Million Pounds Deficit – The Daily Dive
On this Daily Dive episode, Cassandra has a deep discussion on Uranium with Amir Adnani, CEO of Uranium Energy Corp. (NYSE: UEC). Amir joins us to share his thoughts on the uranium price movement, nuclear power’s impact on energy prices, and the countries he sees that will make contributions to the market. He also updates […]
Neighbourly Pharmacy To Acquire 20 Alberta Pharmacies For $41.0 Million
Neighbourly Pharmacy Inc. (TSX: NBLY) announced this morning that it has entered into a binding agreement to acquire 20 pharmacies located throughout Alberta. The acquisition is reported to be for consideration of $41.0 million. “These 20 locations are remarkably well-run pharmacies that act as pillars of healthcare within their communities,” said Neighbourly CEO Chris Gardner. […]
Poland’s Central Bank to Boost Gold Reserves by 100 Tons in 2022
As financial markets increasingly make the switch from fiat money to cryptocurrencies, central banks have instead embarked on a gold-buying spree, particularly during times of economic uncertainty. According to data from the World Gold Council, gold reserves grew 333.2 tons in the first half of the year, marking a 39% increase compared to the 5-year […]
Imperial Helium Completes Production Testing Of Two Wells At Steveville
Imperial Helium (TSXV: IHC) this morning announced that it has completed its appraisal of the Steveville structure on its flagship property in Southeast Alberta. Production testing of both its first and second wells have been completed. At IHC-Steveville-2, the company tested the well at a rate of 2 mmcf/d across a 12 meter zone. Helium […]
Global Crossing Secures Additional Freighter In Second Deal This Week
Global Crossing Airlines (TSXV: JET) continues to acquire airplanes, with the company making the second such announcement this week. The firm has leased a single Airbus A321 freighter from ST Engineer Aerospace Resources. The arrangement is said to mark the first of up to a total of five freighters that could be potentially leased from […]
Pegasus Resources Acquires Uranium Property In Athabasca Basin
Pegasus Resources (TSXV: PEGA) this morning released its much anticipated uranium property acquisition news. The firm has entered arrangements to acquire the Pine Channel Uranium Property, which is located within the Athabasca Basin of Saskatchewan. The property itself was acquired by the company via three separate transactions. At 6,028 hectares in size, the property consists […]
Tilray Posts Q1 Revenues Of US$168.0 Million, Net Loss Of $34.6 Million
Tilray Inc (TSX: TLRY) this morning reported its first quarter financial results for the period ended August 31, 2021. The firm reported US$168.0 million in net revenue for the period, along with a net loss of $34.6 million. Revenues were up on on a quarter over quarter basis, climbing from $142.2 million to $168.0 million […]