Emmanuel Macron Proposes Food Stamps in Face of Surging Food Inflation
With European consumer prices sitting at the highest on record, French President Emmanuel Macron is proposing food stamps to help less-fortunate households ride out surging grocery prices in wake of the Russia-Ukraine conflict. Macron, who is currently running a campaign for re-election next month, attempted to score some brownie points with French citizens, and announced […]
Jerome Powell: Time to Raise the Rates! And Fast!
In a Hail Mary attempt to save face in what is turning out to be one of the Fed’s worst policy blunders, Chairman Jerome Powell admitted that interest rates need to increase at a more rapid pace in a wishful thinking attempt to bring inflation near 2% within the next three years. With respect to […]
Financial SPAC FG Acquisition Announces US$100 Million TSX IPO
Blank check firm FG Acquisition is looking to go public on the Toronto Stock Exchange. The firm announced today that it has filed a prospectus for its planned US$100 million-worth initial public offering. The proposed offering will be conducted through the issuance of 10.0 million company units selling at US$10.00 per share. Each company unit […]
Merida Minerals: A New Junior Explorer Helmed By Norm Brewster – The Daily Dive
Joining us for the first time on the Daily Dive is Rahim Allani, a director of Merida Minerals. Rahim joins us today to discuss the markets reaction to the Federal Reserve finally raising rates, the impact of Russian energy on the marketplace, and his stance on junior mining within the current environment. We then shift […]
Zoglo’s Adds Real Canadian Superstore To Distribution Network
Distribution continues to grow for Zoglo’s Incredible Food Corp (CSE: ZOG). The company this morning indicated that it has made inroads with Loblaw Companies for the listing of its products within its stores. The company has seen its products get listed with the Real Canadian Superstore, whom is wholly owned by Loblaws. Products will be […]
SSR Mining: BMO Lifts Price Target To $26
On March 18th, BMO Capital Markets’ updated its model for SSR Mining’s (TSX: SSRM) based on recently filed technical reports, which were released in late February. Though BMO Capital Markets raised their 12-month price target on SSR Mining to $26 from $24, they lowered their net asset value by 5%. They write, “With an expected […]
Cognetivity Continues Push Into Middle East With Pilot Project
Cognetivity Neurosciences (CSE: CGN) continues to expand its footprint within the Middle East. This morning, the company indicated that it has entered into a collaboration agreement with PRIME Health, whom is a leading healthcare services provider within the UAE. The collaboration agreement will see a pilot project undertaken for the use of Cognetivity’s integrated cognitive […]
Gold Mountain Receives First Payment For Ore Delivery, Provides March Guidance
Revenue generation has officially begun for Gold Mountain Mining (TSX: GMTN). The firm today revealed that it has received its first payment for ore delivery, which was received from New Gold via their New Afton Mine, where the firms gold ore is processed. The payment relates to gold ore delivered throughout the month of February, […]
Baselode Energy Receives Approval For Up To 50,000 Metres Of Additional Drilling
Baselode Energy (TSXV: FIND) is expanding its current drill program rather significantly. The uranium-focused firm this morning announced that the Saskatchewan Ministry of Environment has provided drill permits for a further 50,000 metres of exploration. Exploration is currently taking place at the Hook Project, found in the Athabasca Basin region in the north of the […]
Blue Lagoon Sees Crescat Capital Lead $5.7 Million Financing
Blue Lagoon Resources (CSE: BLLG) appears to now be fully cashed up. The firm this morning announced that it closed a non-brokered private placement, which was lead by strategic investors Crescat Capital. “With this new capital raise, an existing healthy treasury, no debt, and over $4 million in-the-money warrants, the Company is well funded and […]