Asset Manager TPG Prices US$1 Billion IPO
Private equity firm TPG Inc. (Nasdaq: TPG) began trading on the Nasdaq Global Select Market today. The firm’s initial public offering is looking to raise US$1.0 billion and is expected to close on January 18, 2022. The offering consists of 33.9 million Class A common shares selling at US$29.50 per share. The firm is selling […]
Will Inflation Continue to Accelerate? Or Is It Transitory?
In today’s video we look at the recent inflation print. We break down the individual components of the recent CPI data and discuss if we think it will be short-lived or more permanent. The latest print from the BLS showed consumer prices jumped 0.5% to a whooping annualized 7% from December 2021, which is the […]
Denison Mines Announces Negotiated Repayment Schedule Of US$16 Million Arbitration Award
Denison Mines Corp. (TSX: DML) shared this morning that it inked a repayment schedule agreement with Uranium Industry related to the latter’s debt owed to the firm. The negotiation included an initial US$2 million debt repayment received by the firm. In July 2020, the London Court of International Arbitration ruled in favor of Denison Mines regarding Uranium […]
CN Announces Intent To File Application With Surface Transportation Board For Springfield Line
CN (TSX: CNR) announced today that it has submitted a notice of its intention to file a responsive application with the Surface Transportation Board on February 28, 2022. The move is related to the regulatory body’s review of the pending Canadian Pacific (NYSE: CP) and Kansas City Southern (NYSE: KSU) merger. The company bared that […]
Delta 9 Cannabis Announces $61.8 – $62.6 Million Annual Revenue Guidance For 2021
Delta 9 Cannabis (TSX: DN) provided on Wednesday its guidance for the fourth quarter and full-year financial results of 2021, ahead of its full release on March 31, 2022. The firm anticipates 2021 revenue to be between $61.8 million and $62.6 million. The range of expected annual revenue is an increase from 2020’s $52.1 million in […]
Clarity Gold Drops Flagship Destiny Project After Completing Large Drill Program
Clarity Gold (CSE: CLAR) seems to have gotten a clearer picture of its operations at the Destiny project. The junior miner announced on Wednesday that it has decided not to continue with the exploration program for the project, just months after completing a 10,826-metre diamond drilling on the site. “We believe the company can achieve […]
WonderFi To Raise $35 Million Via Bought Deal, Insiders Unload 500,000 Shares
WonderFi Technologies (NEO: WNDR) last night announced it would be conducting a bought deal financing just days after announcing it would be acquiring crypto marketplace BitBuy. The firm is looking to raise $35 million under the financing. Under the terms of the financing, the company will look to sell a total of 14.6 million units […]
Monster Beverage Steps Into Alcohol Sector With $330 Million Purchase
It appears that the craft brewing industry is the place to be. Monster Beverage Corp (NASDAQ: MNST) is the latest firm to enter the fray, as it looks to diversify its operations and add a beverage alcohol component. Monster Beverage this morning announced that it would be acquire CANarchy Craft Brewery Collective, whom is reportedly […]
New Found Gold Reports Results From Single Hole At Keats Footwall Zone
New Found Gold (TSXV: NFG) this morning announced the drill result from a single drill hole, despite the massive 400,000 metre program currently underway on its flagship project. The result came from the Keats zone, one of the major zones at the firms property. The single drill hole intersected the footwall of the zone, intersecting […]
SSR Mining Sells Pitarrilla Project To Endeavour Silver For Cash And Shares
SSR Mining (TSX: SSRM) this morning continued its process of monetizing non-core assets. The firm revealed this morning that it has entered into an arrangement with Endeavour Silver Corp (TSX: EDR) for the sale of its Pitarrilla project in Mexico. The Pitarrilla project is a large project, covering 4,950 hectares and five concessions, found in […]