Canacol Renews Share Buyback Program
Canacol Energy Ltd. (TSX: CNE) announced on Tuesday that the Toronto Stock Exchange has accepted its notice to conduct a share buyback program. The normal course issuer bid is expected to run from December 24, 2021, to December 23, 2022. The company plans to purchase back up to 10,513,661 common shares, 10% of the public […]
Planet 13 To Expand Presence In California With Acquisition Of Next Green Wave
While some operators complain about the current state of the cannabis market in California, others appear to be embracing it. Planet 13 Holdings (CSE: PLTH) is one such operating running head first into the state, announcing on Monday evening it would be acquiring Next Green Wave Holdings (CSE: NGW). The definitive agreement entered between the […]
Ivanhoe Mines Reportedly Exceeds 2021 Production Guidance At Kamoa-Kakula Copper Project
Ivanhoe Mines (TSX: IVN) has reportedly exceeded the upper end of its 2021 guidance at the firms Kamoa-Kakula operation in the DRC, with further time left to spare in the year. The company had originally guided to 80,000 to 95,000 tonnes of of copper production for the mine, before that figure was raised to an […]
PharmaCielo Looks To Raise $15.0 Million Via 11% Secured Debentures
PharmaCielo (TSXV: PCLO) is returning to the trough for more investor dollars. The firm this morning indicated that it intends to conduct a non-brokered private placement to raise funds via the sale of secured debentures. The financing will see the company look to raise gross proceeds of up to $15.0 million, with each debenture unit […]
Ascend Wellness Adds Second Ohio Dispensary To Operations
Ascend Wellness (CSE: AAWH.u) appears to be expanding its presence in Ohio. The firm this morning announced the acquisition of its second dispensary asset in the state. The latest purchase is that of Ohio Cannabis Clinic, whom is currently operating in the state as Ohio Cannabis Company, with its single location found in Coshocton, Ohio. […]
Biotech Firm Senti Bio To Be Taken Public In A $601 Million SPAC Merger
Senti Biosciences, Inc., also known as Senti Bio, has announced a business combination agreement with special purpose acquisition company Dynamics Special Purpose Corp. (Nasdaq: DYNS). The transaction values the combined company at a pro forma equity value of US$601 million. The combined company, expected to operate under Senti Bio’s name, is projected to have US$296 […]
Chile Elects a Socialist New President, Is The Copper Mining Industry At Risk?
On December 19, Gabriel Boric, a 35-year-old leftist candidate and former student protest leader, decisively defeated (56% to 44%) a far-right rival to become the next president of Chile. Some of Mr. Boric’s key positions during the campaign include narrowing the wide income gap between Chile’s most and least fortunate, reforming the country’s pension and healthcare […]
General Motors Announces Chevrolet Bolt EV Production Shutdown To Extend Until February 2022
General Motors Company (NYSE: GM) announced Monday that it is extending the production halt at its Chevrolet Bolt electric vehicle plant in Michigan. The move is meant “to continue prioritizing recall repairs.” GM spokesperson Dan Flores said the company has notified the employees at the Michigan plant that the company “will extend downtime through February 2022.” […]
Biotech SPAC Larkspur Health Acquisition Prices US$75 Million IPO
After filing for registration in May 2021, special purpose acquisition company Larkspur Health Acquisition Corp. (Nasdaq: LSPRU) finally 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 units priced at US$10.00 per unit. Each unit is […]
Kenorland Minerals Drills 17.96 G/T Gold Over 15.40 Metres At Frotet Project
Kenorland Minerals Ltd. (TSXV: KLD) has released the initial drill results from the completed diamond drill program at the Regnault gold discovery within the Frotet Project, Quebec. The results highlight an intersect of 17.96 g/t gold over 15.30 metres. The drilling program covers 17,792 metres with 57 drill holes. The results announced today came from 32 […]