Emerita Resources Nears Final Approvals To Drill Romanera, El Cura Deposits At IBW
Emerita Resources (TSXV: EMO) has received further approvals for its Iberia Belt West project located in Spain. The approvals will enable the company to conduct further drilling on the property as it looks to expand its understanding of mineralization on site. The approval comes from the Andalucian Environment Department within the Huelva Province, with the […]
Telecure Sees CEO Resign After Unauthorized Termination Of COO
It appears the outright embarrassing events over at Telecure Technologies (CSE: TELE) have finally come to a head. The firm this morning announced the resignation of Adnan Malik, the firms chief executive officer. The resignation comes after a capital markets drama that could have only occurred in Canadian small caps. It began on December 7, […]
Aberdeen Investee AES-100 Begins Development Of Home Green Hydrogen Solution
Aberdeen International (TSX: AAB) has seen a development on the green energy front. The firm this morning indicated that one of its portfolio companies, AES-100, is in the process of developing a green-hydrogen home power unit. The device is being constructed as a “bridge” between excess green energy produced during the day (i.e. solar), and […]
Sundial Growers Sees Alcanna Shareholders Approve Acquisition
Alcanna Inc (TSX: CLIQ) shareholders have approved the previously announced plan of arrangement with Sundial Growers (NASDAQ: SNDL). The company announced Friday evening after the close of markets that its shareholders had accepted the offer to be acquired by the cannabis operator. The arrangement, which remains subject to one final regulatory approval, will see Alcanna […]
Mind Medicine Sees Final Co-Founder Leave The Company
Mind Medicine (NEO: MMED) appears to now be fully under new management. On Friday evening, after the close of markets, the firm indicated that the final co-founder of the company had resigned. Stephen Hurst is the last of the firms co-founders to leave an executive role at the company, announcing on Friday he would be […]
Lucid Group’s Looming Lock-Up Expiration Could Cause Underperformance Over the Short Term
Like many development-stage, high valuation stocks, Lucid Group, Inc. (NASDAQ: LCID) has pulled back significantly from its November 2021 highs. In Lucid’s case, it is down 35% from its $64.86 peak, but still carries a stock market valuation of about US$69 billion. Lucid shareholders face a key trading date on January 19, 2022. That date marks 180 days after […]
NG Energy: Beacon Reiterates Buy Rating, Suggests Firm Could Move Beyond $2.80 Price Target
On January 4th, NG Energy (TSXV: GASX) announced that it has completed all civil works and had laid out all the flow lines to connect its plant to the national gas transportation system. With them now focusing on completing the consultation process with the people who live near/around the pipeline. The company expects that the assembly […]
The New York Times Acquires The Athletic For Cheap; Will Price Paid Cause Investors to Question the Times’ Own Valuation?
On January 6, The New York Times Company (NYSE: NYT) agreed to purchase The Athletic, a subscription-based sports news service that provides ad-free sports coverage, for US$550 million in cash. The transaction is expected to close by the end of 1Q 2022. The Athletic, a money-losing private company that was founded about six years ago, has been shopping […]
GameStop Prepares to Launch NFT Marketplace Before End of 2022
GameStop (NYSE: GME) is allegedly preparing to launch a NFT marketplace for users before the end of the new year, in an effort to align itself with a business model focused on digitized sales rather than brick-and-mortar retail. Shares of GameStop were up almost 20% on Friday morning, after news broke that the company is […]
BMO Reiterates $21 Price Target On Victoria Gold After Production Results
On January 6th, Victoria Gold Corp. (TSX: VGCX) announced its fourth quarter and annual production results. The company reported 49,497 ounces of gold while the full-year production was 164,222 ounces. This beat the companies revised guidance of 162,000 ounces. This is a decrease from 55,827 ounces of gold produced last quarter, while up on the […]