Pet Services Firm Wag Labs To Be Taken Public In A US$350 Million SPAC Merger
Wag Labs, Inc., also known as Wag!, has announced a business combination agreement with special purpose acquisition company CHW Acquisition Corporation (Nasdaq: CHWA). The transaction values the combined company at a pro forma equity value of US$350 million. The combined company, expected to operate under Wag! Group, is projected to have US$175 million in gross […]
Gold Is Still The Hedge Against Inflation – The Daily Dive
Joining us for the first time on The Daily Dive today is Alastair Still, CEO of GoldMining Inc. (TSX: GOLD). Alastair joins us to provide us with his take on gold prices since March 2020, the impact of increasing inflation and a hawkish Fed on gold, and the inflation problem for Joe Biden. Alastair also […]
Bell Canada Reports $23.45 Billion In Revenue For 2021
BCE Inc. (TSX: BCE), whom is more commonly known as Bell Canada, reported today its financial results for Q4 and full-year 2021. The results highlighted an annual operating revenue of $23.45 billion, an increase from last year’s $22.88 billion. The company also posted net earnings of $2.89 billion for the year, up from the previous […]
Nokia Ends 2021 With €22.2 Billion In Net Sales
Nokia Corporation (NYSE: NOK) released today its financial statements for Q4 and full-year 2021. The results highlighted an annual net sales of €22.20 billion, marginally up from 2020’s net sales of €21.85 billion. “2021 was a strong year for Nokia driven by our growing technology leadership, robust demand, and a faster than expected reset of […]
IsoEnergy Assays 20.4% U3O8 Over 6.5 Metres At Hurricane Zone
IsoEnergy Ltd. (TSXV: ISO) announced this morning the final assay results at the Hurricane zone located in its flagship Larocque East property. The report highlighted an assay of 20.4% U3O8 over 6.5 metres. The results came from the last batch of drill holes coming from the completed 2021 summer drilling campaign at the property. Highlights […]
Eurozone Inflation Soars to Highest on Record Ahead of ECB Policy Decision
The cost of living across Europe hit another record-high last month, smashing through forecasts and putting even more pressure on the central bank to finally enact inflation-taming measures. It appears that the European Central Bank’s inflation gaslighting has finally hit an abrupt wall, as the cost of living across the 19-country bloc soared from an […]
Hut 8 Mines 308 Bitcoin In January 2022
Hut 8 Mining Corp. (TSX: HUT) reported today its production results for the month of January 2022. The firm mined 308 bitcoin for the month, averaging 9.93 bitcoin per day. The monthly output is an increase from December’s production of 276 bitcoin, averaging 8.9 bitcoin per day. Around 16% of the production is said to […]
AMC Entertainment Upsizes Note Offering To $950 Million, Interest Pegged At 7.5%
Evidently there continues to be demand for the debt of AMC Entertainment (NYSE: AMC). After announcing yesterday a $500 million senior secured note offering, the firm last night announced that it would be upsizing the offering to a whopping $950 million. The upsized offering will see the company able to offset more near-term debt in […]
Imperial Helium Discovers Second Helium Zone At Steveville
Imperial Helium (TSXV: IHC) has found additional helium on its flagship Steveville property in Alberta. The firm this morning confirmed that it has discovered a second zone on the property, meaning that helium has been found in an additional layer of the Steveville structure. Referred to as the Sub-Salt Zone, or SSZ, the zone was […]
Gold Mountain Mining Delivers First Ore For Processing
Gold Mountain Mining (TSX: GMTN) this morning achieved a major milestone. The firm has officially completed the first delivery of ore to its processing partner, New Gold, at their New Afton Mine in Kamloops, BC. The achievement marks a milestone for the company, whom is the newest mine operator in British Columbia. Revenue will now […]