Canada House Wellness Posts $5.1 Million In Revenue, $3.4 Million Net Loss For Fiscal Q2 2022
Canada House Wellness Group Inc. (CSE: CHV) shared on Thursday its financial results for the fiscal Q2 2022 ended October 31, 2021. The report highlighted a quarterly revenue of $5.1 million, an increase from fiscal Q1 2022’s revenue of $4.0 million and Q2 2021’s revenue of $2.3 million. Breaking down the topline revenue figure, earnings […]
Electric Vehicle SPAC Arogo Capital Acquisition Prices Downsized US$90 Million IPO
Special purpose acquisition company Arogo Capital Acquisition Corp. (Nasdaq: AOGOU) will start on Monday to publicly trade its shares on the Nasdaq Global Market. The company is seeking to raise US$90 million in its initial public offering. The offering consists of 9.0 million units, down from the previously filed 10.0 million units, priced at US$10.00 […]
Are We Nearing A Commodity Supercycle? – The Daily Dive
Joining us on the Daily Dive is Serafino Iacono, CEO of NG Energy (TSXV: GASX) and interim CEO of Denarius Silver (TSXV: DSLV). Serafino sits down with us to discuss a potential commodity supercycle (0:55) and the current status of the copper market (2:07). He also talks about the exploration and production companies he’s working […]
Albemarle Confident New Chile Gov’t Won’t Affect Lithium Operations: “We Have A Unique Contract”
Chemicals firm Albemarle Corp. (NYSE: ALB) seems to be unfazed by the results of Chile’s national elections and what it means for its lithium operations. The South American country’s polls on Sunday proclaimed lawmaker Gabriel Boric as president-elect. Boric ran on a platform of overhauling the market-oriented economic system in the country. During the campaign, […]
Colombia-Focused Cannabis Firm Medcolcanna Organics Shifts Listing From NEO To CSE
Canadian medical cannabis firm Medcolcanna Organics Inc. (NEO: MCCN) announced on Thursday that it has received approval to list its common shares on the Canadian Securities Exchange. The firm is expected to start trading its shares on the CSE big board on December 30, 2021, while it will be delisted from the Neo Exchange after […]
Tinley Beverage Gets Closer To Offering Products On Ontario Cannabis Store, Expects Release In April 2022
Products of The Tinley Beverage Company Inc. (CSE: TNY) are expected to soon hit the Canadian retail market. The Toronto-based cannabis-infused beverage maker, currently offering its products in California, is now working on making its drinks available in Canada through Ontario Cannabis Store. “Like many of our approximately 5,000 thirsty Canadian shareholders, I am looking forward […]
Rock Tech Lithium Increases Financing To US$41.0 Million
Demand for lithium-focused issuers continues to climb, with Rock Tech Lithium (TSXV: RCK) announcing last night that it has upsized its currently ongoing financing. The firm will now look to raise a total of US$41.0 million under the financing. The financing will see the company look to sell 9.8 million units under a brokered private […]
Eldorado Gold To Repurchase Up To 1.4 Million Shares
Eldorado Gold (TSX: ELD) is the latest gold producer to attempt to give its share price a boost via share buybacks. The firm this morning announced that it has been approved by the TSX to conduct a normal course issuer bid. The arrangement is rather small in size, with the company eligible to repurchase just […]
Covalon Tech Sees CFO Quit, No Replacement Named
What better time to announce the departure of your chief financial officer, than the day before Christmas when the Canadian markets are only open for half a day? That’s seemingly what Covalon Technologies (TSXV: COV) thought, whom announced just that this morning. The company has seen Danny Brannagan, the firms CFO, leave the company next […]
Sigma Lithium Raises $136.7 Million Via Financing, Blackrock Takes 5.5% Stake
Sigma Lithium (TSXV: SGML) has closed its latest financing, raising substantially more funds than it initially set out to raise. The firm managed to raise gross proceeds of $136.7 million through two concurrent financings. The figure raised by the company is significant, given they initially set out to raise just $60 million via a non-brokered […]