White Gold To Raise $9.0 Million Via Non-Brokered Financing
White Gold Corp (TSXV: WGO) is the latest mining firm to announce a flow-through offering this week. The company last night announced it would be conducting a $9.0 million non-brokered financing, under which Agnico Eagle Mines (TSX: AEM) would be increasing its ownership in the company. The offering will see a number of options for […]
Eguana Tech Files $150.0 Million Base Shelf Prospectus
Eguana Technologies (TSXV: EGT) appears to be prepping for the future. The company last night filed a preliminary short form base shelf prospectus with Canadian regulators, enabling the company to raise funds at a future date. The base shelf prospectus, which is valid for a period of twenty five months as of yesterday, enables the […]
Galaxy Digital: BMO Gives Price Target Slight Positive Bump After Strong Q3 Results
On November 15th, Galaxy Digital Holdings Ltd. (TSX: GLXY) reported its third quarter financial results. The company reported total income of $216.53 million and expenses of $151.24 million. Of that $216 million, $149.7 million came from realized gains on digital assets. Below those line items, the company saw a $379.49 million and $144.29 million unrealized […]
Robinhood’s Data Breach Could Have Far-Reaching Financial Implications
Robinhood Markets, Inc. (NASDAQ: HOOD) shares have lost roughly half their value since early August. For many stocks, such a correction could suggest a buying opportunity, but other considerations, including the ongoing and very real threat of data breaches and a still sky-high valuation, suggest that investors should continue to exercise caution. The highly publicized November […]
US Weekly Jobless Claims Plummet to Lowest Since 1969
It appears that Americans are finally returning back to work. US jobless claims fell to the lowest since the 60s, suggesting that America’s labour market is heating up and may actually meet freshly renominated Fed Chair Jerome Powell’s goalpost of “substantial further progress.” According to latest data published by the Labour Department, weekly first-time applications […]
Former Apollo Global Exec-Led SPAC Beard Energy Transition Acquisition Prices US$200 Million IPO
Blank check company Beard Energy Transition Acquisition Corp. (NYSE: BRDU) went public yesterday on the New York Stock Exchange. The company is seeking to raise US$200.0 million through its initial public offering. The offering consists of 20.0 million company units priced at US$10.00 per unit. Each unit is composed of one Class A common share […]
Carbon Credits: The Next Market Craze? – The Daily Dive
Joining us today on the Daily Dive is returning guest Justin Cochrane, CEO of Carbon Streaming Corp (NEO: NETZ). Justin returns to the show to talk about the international carbon trading market (0:53), tokenized carbon offsets (2:01), and impact investing (3:34). Further, he also digs deep on busting carbon myths (4:27), the net-zero approach (5:35), […]
Mirasol Resources Looks To Renew Share Buyback Program
Mirasol Resources Ltd. (TSXV: MRZ) this morning announced its plans to renew its normal course issuer bid and buy back its previously issued common shares. The company may purchase the shares from December 15, 2021, to December 14, 2022. Under its terms, the normal course issuer bid allows the company to repurchase up to 3.5 […]
Wishpond Records $4.0 Million In Revenue, $1.3 Million Net Loss In Q3 2021
Wishpond Technologies Ltd. (TSXV: WISH) reported today its financial results for the third quarter of 2021. The report highlighted a quarterly revenue of $4.0 million, an increase from both Q2 2021’s revenue of $3.2 million and Q3 2020’s revenue of $2.1 million. The company said that the year-on-year increase in revenue was primarily due to […]
Evolve Announces Metaverse ETF, Expects TSX Listing On Monday
Months after launching “Canada’s first multi-cryptocurrency ETF”, Evolve Funds Group Inc. announced that it has a final prospectus to launch Evolve Metaverse ETF. Dubbed “MESH”, the fund is expected to start trading on the Toronto Stock Exchange on Monday. MESH is specifically designed to provide investors with a portfolio of companies involved in the development […]