Bitfarms Begins Construction Of 210 Megawatt Mining Facility In Argentina
Bitfarms (TSXV: BITF) has begun construction on a new 210-megawatt facility. Located in Argentina, the firm has now signed the required engineering, procurement and construction, or EPC contracts, to begin the development of the new facility. Originally announced back in April, the company expects the new facility to have access to electricity at a contracted […]
Psyched Wellness Moves To Next Stage Of Pre-Clinical Trials With Mushroom Extract
Psyched Wellness (CSE: PSYC) continues to execute on its strategy as it pertains to the amanita muscaria mushroom. The company, through its contract research organization, KGK Science, has now begun the next pre-clinical trial study on its proprietary extract, referred to as AME-1. The next round of pre-clinical trials focuses on the beneficial or adverse […]
Facedrive Sees Auditor Resign After Three Months On The Job
Facedrive Inc (TSXV: FD) last night revealed that its auditor resigned, effective two weeks prior to the announcement. As with anything associated with the company as of late, it appears that the departure between the auditor, Deloitte, and the company was rather messy. Originally appointed in the middle of July, Deloitte was reportedly working towards […]
MustGrow Biologics Closes Financing At Final Figure Of $7.1 Million
MustGrow Biologics (CSE: MGRO) this morning closed off its previously announced private placement financing. The company managed to raise significant funds under the raise, bringing in total gross proceeds of $7.1 million. Originally pegged at $2.0 million, the financing was subsequently tripled in size due to strong investor demand, especially among certain high net worth […]
Max Resource Sees Latest Assays Expand URU Zone Four-Fold
Max Resource Corp (TSXV: MXR) continues to develop out its Cesar project in northern Colombia. The firm this morning released further assay results from channel samples, with the results expanding the URU zone to over 48 square kilometres in total. The URU zone has seen a significant expansion following the results, with the 12 square […]
Halo Collective Announces 100 To 1 Reverse Split
Halo Collective (NEO: HALO) this evening indicated it’s looking to conduct a reverse split. The company is looking to consolidate its outstanding common shares as a means of curbing its growing share count. The consolidation will see the firm issue to shareholders one post consolidation share for every 100 pre-consolidation shares held of the company, […]
Canada’s Trade Surplus Widens to $1.94B in August as Energy Exports Surge
Canada’s trade balance remained in a surplus position for the third consecutive month, widening from July’s revised $736 million to $1.9 billion in August. Statistics Canada on Tuesday reported that Canada’s exports rose 0.8% to $54.4 billion in August, with gains noted across 6 of the 11 product categories. Exports of energy products were up […]
Nubian Resources Hits 52.4 G/T Gold Over 2 Metres At Yandoit Gold
Nubian Resources Ltd. (TSXV: NBR) announced today the assay result from 20 drill holes in the maiden drilling program at the company’s Yandoit Gold project in the Central Victorian Goldfields, Australia. The results highlighted the hole YRC008 yielding an intersect of 52.4 g/t gold over 2.0 metres. “The discovery of high grade gold in our […]
China’s Real Estate Crisis Worsens as Another Developer Misses Debt Payment
It appears that Evergrande is not the only rotten apple plaguing China’s real estate sector. Another Chinese developer has succumbed to the real estate liquidity crisis, after failing to make a debt payment this week on a maturing bond. According to a company statement, Fantasia Holdings Group Co. did not make a $205.7 million interest […]
Renewable Energy SPAC Enphys Acquisition Prices Upsized US$300 Million IPO
Blank check company Enphys Acquisition Corp. (Nasdaq: NFYS.U) went public today on the Nasdaq Global Market. The company is seeking to raise US$300.0 million through its initial public offering. The offering consists of 30.0 million company units, upsized from previous plan of 25.0 million units, priced at US$10.00 per unit. Each unit is composed of […]