Argo Blockchain Produces 214 Bitcoin In December 2021
Argo Blockchain Plc (Nasdaq: ARBK) reported today its operational updates for the month of December 2021. The crypto firm produced 214 bitcoin for the month, up from 185 bitcoin produced in November 2021. The monthly production is roughly valued at US$10.6 million as of the time of writing, down from last month’s US$11.2 million. This […]
Empower Closes $3.0 Million Financing, CEO Enters Into Share Loan Arrangement
Empower Clinics (CSE: CBDT) has evidently closed a much-needed financing as of last night. The financing consisted of both units of the company as well as convertible debenture units, resulting in the firm raising gross proceeds of $3.0 million. In terms of the split between debentures and units for the financing, details were not provided […]
Ayr Wellness Buys The December Dip With Share Repurchase Program
It appears that at least one multi-state operator has been buying the dip, so to speak. Ayr Wellness (CSE: AYR.A) this morning provided an update to the market on the status of its normal course issuer bid, detailing how much the firm has bought amid weak market conditions for the sector. Ayr has reportedly purchased […]
McEwen Mining Falls Out of Compliance With NYSE Listing
McEwen Mining (TSX: MUX) appears to be facing some challenges when it comes to its listing on the New York Stock Exchange. The company has evidently fallen below the minimum listing requirements for the US big board. The firm has come short of listing requirements following the equity trading below US$1.00 on the exchange for […]
Eguana Tech Closes Out Fiscal 2021 With Record Quarterly Revenues
Eguana Technologies (TSXV: EGT) last night after the bell posted its fourth quarter financial results for the period ended September 30, 2021. The firm posted record quarterly revenue, with sales of $3.12 million for the three month period. Revenues for the fiscal year meanwhile amounted to $7.2 million, a slight decline from the $8.0 million […]
dentalcorp Releases Q4 Preliminary Figures, Announces $100 Million Bought Deal
It was a rather eventful evening for dentalcorp (TSX: DNTL) last night, whom announced a large bought deal financing, while at the same time providing preliminary data for its fourth quarter financial results. The financing will see the firm raise gross proceeds of $100.0 million in a bought deal financing lead by CIBC, BMO, and […]
MAG Silver: BMO Lowers Target To $23.50 After Delays
On December 27th, MAG Silver (TSX: MAG) provided an update on the Juanicipio project. MAG Silver announced that the Comisión Federal de Electricidad notified their joint venture partner Fresnillo that the approval for its tie-in to the national power grid cannot be granted. MAG Silver expects this to delay the project by 6 months and […]
Eagle Equity’s 8th SPAC Screaming Eagle Acquisition Prices US$750 Million IPO
Special purpose acquisition company Screaming Eagle Acquisition Corp.(Nasdaq: SCRMU) started trading publicly on the Nasdaq Global Market today. The company is seeking to raise US$750 million in its initial public offering, expected to close on January 10, 2022. The offering consists of 75.0 million company units priced at US$10.00 per unit. Each unit is composed […]
EV Wars: GM’s Silverado EV vs The F-150 Lightning
The electric vehicle space is heating up this week, with many new contenders to the space either announcing their entrance or entering the space with their latest concept vehicles. Among them, is General Motors (NYSE: GM) with their much anticipated Chevrolet Silverado EV Pickup, which has been long awaited by auto analysts and enthusiasts alike […]
Victoria Gold Produces 164,222 Ounces In 2021, Hits Last-Minute Guidance Cut
Victoria Gold Corp. (TSX: VGCX) announced this morning its production results for Q4 and full-year 2021 at its Eagle gold mine. The company recorded annual gold production of 164,222 ounces, up from 2020’s production of 116,644 ounces. The 2021 gold production also hits the company’s revised guidance of 162,000 that it announced in mid-December 2021. […]