Skeena Resources Loses Rights To Historic Minerals At Storage Facility
If you’re a gold explorer or producer, always own the mineral rights underneath the land in which you operate. It may seem like common sense, but for Skeena Resources (TSX: SKE), it may turn out to be an expensive lesson. The company this morning indicated that a decision had been made by British Columbia’s Chief […]
ReconAfrica To Conduct $38.1 Million Bought Deal Financing
Reconnaissance Energy Africa, also known as ReconAfrica (TSXV: RECO) is looking to raise further funds. The oil and gas company this morning announced it will be conducting a bought deal financing via Canaccord Genuity Corp. Under the terms of the financing, the firm will look to sell 6.0 million units at a price of $6.35 […]
Aleafia Health Boots Benic As CEO, Names Tricia Symmes To Role
Aleafia Health (TSX: AH) is finally shaking up its management team after its financial struggles. The firm last night announced that Chief Executive Geoffrey Benic would be leaving the company immediately. Taking on the role on a permanent basis will be Tricia Symmes, whom was formerly the Chief Commercial Officer of the company. Experienced in […]
Meta Considering Shutting Down Facebook, Instagram if Europe Refuses User Data Transfer to US
Meta Platforms (NASDAQ: FB) is threatening to withdrawal its Facebook and Instagram services in Europe if regulators interfere in the transfer of user data back to the US. According to Meta’s annual report published last week, the social media conglomerate warned it may shut down popular sites Facebook and Instagram in the event that Europe […]
Tyson Foods Earnings Highlight Rising Cost Of Food For Consumers
Tyson Foods (NYSE: TSN) on Monday morning filed its first quarter 2022 financial results. While the company posted Q1 sales of $12.9 billion, an increase of 19.1% on a year over year basis, the real story from the earnings appears to be the rising cost of food itself. While investors appear to approve of the […]
Nissan to Stop Producing all Gasoline Engines Except for US Pickup Trucks
Japanese automaker Nissan plans to halt production of new internal combustion engines across all major markets aside from the US, and instead divert engineering efforts towards the development of electric vehicles. According to Nikkei Asia, Nissan is expected to stop all further innovation of its gasoline powered engines, becoming the first Japanese-based automaker to cut […]
Cannabis-Focused Investment Firm Silver Spike Looks To Raise US$85.0 Million On Its Nasdaq IPO
Management investment firm Silver Spike Investment Corp. (Nasdaq: SSIC) announced on Friday the pricing of its initial public offering on the Nasdaq Stock Market. The company went public on the US-based big board on February 4, 2022 under the ticker symbol “SSIC”. The offering consists of 6,071,429 common shares at US$14.00 per share for potential […]
Canaccord Lowers Targets On Numerous Top Level Cannabis Equities
On February 4th, Canaccord Genuity came out with their cannabis fourth quarter 2021 preview. On that note, they lowered almost every single 12-month price target in their cannabis coverage. Ayr Wellness (CSE: AYR.a) price target was lowered to C$57 from C$62 Columbia Care’s (CSE: CCHW) was lowered to C$11 from C$13 Cresco Labs (CSE: CL) […]
Freeman Gold Moves To TSX Venture, Delists From CSE
Freeman Gold Corp (CSE: FMAN) announced this morning its move to shift big boards. The mining firm will be trading its shares on the TSX Venture Exchanges starting February 8, 2022. The company will still retain its ticker symbol “FMAN”. Shareholders aren’t expected to take any necessary action and the firm’s shares will still trade in […]
Endurance Gold Upsizes $3 Million Private Placement
Endurance Gold Corporation (TSXV: EDG) announced this morning that it is increasing the size of its previously announced private placement. The firm is now targeting to raise $3.0 million through the offering. The offering now consists of 7.5 million units, upsized from 6.25 million units, and still priced at $0.40 per unit. Each unit consists of […]