Freshlocal Secures $8.8 Million Credit Facility From Export Development Canada
Freshlocal Solutions Inc. (TSX: LOCL) announced today that it has entered into a credit facility agreement with Export Development Canada. The credit agreement will provide the grocery e-commerce firm with an $8.8 million secured credit. According to the agreement, the firm may request 6-month periodic advances with the facility’s maturity coming 48 months after the […]
Osisko Renews Share Buyback Program For 2022
Osisko Mining (TSX: OSK) will continue to buy back outstanding shares through 2022. The firm this morning indicated that the TSX has approved the firms renewal of its normal course issuer bid. The oncoming program will see the company eligible to repurchase up to 28.7 million common shares from the open market. The figure represents […]
Electra Battery Materials Enters Tolling Agreement With Glencore
Electra Battery Materials Corp (TSXV: ELBM) has entered a commercial arrangement with Glencore related to the tolling of cobalt feedstock. The feedstock is to come from Glencore’s KCC mine to be processed at Electra’s soon-to-be-running refinery in Canada. The arrangement will see Glencore hold the option to have up to 1,000 tonnes of contained cobalt […]
MicroStrategy Spends $94.2 Million Buying Further Bitcoin, Concludes Open Market Sale Agreement
If one positive thing can be said about MicroStrategy Inc (NASDAQ: MSTR), it’s that they stick to their convictions. The firm this morning filed a Form 8-K with SEC, indicating that throughout the month of December they were again on the bid on the crypto markets, buying up more bitcoin. The form in the filing […]
Green Thumb Acquires Operator In Minnesota, No Financial Details Provided
Green Thumb Industries (CSE: GTII) is expanding its presence yet again. The US cannabis firm has entered an arrangement to acquire Leafline Industries, which will see the firm formally enter the state of Minnesota, thereby increasing its operations to a total of 15 US states. Leafline is reportedly one of only two vertically licensed cannabis […]
Oatly Sees Co-Founder Depart Company After Less Than A Year Being Public
After less than a year of being public, it appears that one of the co-founders of Oatly Group (NASDAQ: OTLY) has left the company for good. The co-founder, whom once served as Chairman of the company until 2012, has left the firm to “pursue other interests.” The exec, Bjorn Oste, originally founded the firm with […]
Eldorado Gold: Haywood Reiterates $19.75 Price Target
On December 15th, Eldorado Gold (TSX: ELD) announced the results of the Skouries Project feasibility study. The mine has an IRR of 19% after-tax based on a long-term gold price of $1,500, while the IRR goes up to 24% if you use the current spot price of gold of $1,800. The mine has a life […]
SPAC Welsbach Technology Metals Acquisition Prices US$75 Million IPO
Special purpose acquisition company Welsbach Technology Metals Acquisition Corp. (Nasdaq: WTMAU) started trading publicly on the Nasdaq Global Market yesterday. The company is seeking to raise US$75 million in its initial public offering. The offering consists of 7.5 million company units priced at US$10.00 per unit. Each unit is composed of one Class A common […]
Trulieve Appoints Acquired Harvest Health Executives To Leadership Team
Trulieve Cannabis (CSE: TRUL) announced on Tuesday major changes to its executive leadership team. This follows the recently closed acquisition of Harvest Health (CSE: HARV). The Florida-based cannabis firm is appointing Harvest Health’s CEO Steve White as its president. “We are thrilled to officially announce the appointment of several members of the legacy Harvest team to […]
Waymo Partners With Geely’s Zeekr For Electric Ride-Hailing Autonomous Fleet
Alphabet Inc’s (NASDAQ: GOOGL) self-driving platform Waymo is partnering with Chinese automaker Geely’s electric car brand Zeekr. The collaboration is set to develop an all-electric fleet in the Waymo One autonomous ride-hailing service in the United States. “By becoming a strategic partner and vehicle supplier to the Waymo One fleet, we will be able to […]