BW Minister Declares Support For German Ban On Russian Energy Imports, Says Germans Can Survive A 15°C Winter If “People Are Dying Elsewhere”
Peter Hauk, Baden-Württemberg Minister of Agriculture and Consumer Protection, has declared his support for Germany’s plan to ban energy imports from Russia in response to Putin’s invasion of Ukraine. RT quoted Hauk saying that “you can withstand 15 degrees [Celsius] in winter in a sweater. No one dies of it. But people are dying elsewhere.” […]
Taiga Motors Ends Q4 2021 With $11.3 Million Net Loss, $86.7 Million Cash Balance
Taiga Motors Corporation (TSX: TAIG) announced today its financial results for Q4 and full-year 2021, ending the quarter with a net loss of $11.3 million, down from Q3 2021’s net loss of $5.1 million. The quarterly loss came from notching a total of $11.7 million in operating expenses, with G&A expenses taking the huge slice of […]
Satellite Maker Terran Orbital Debuts On NYSE Via US$255 Million SPAC Deal
Small satellite manufacturer Terran Orbital (NYSE: LLAP) makes its debut on the New York Stock Exchange today. This comes after the firm completed its business combination with blank check company Tailwind Two Acquisition Corp. The transaction generated around US$255.4 million of gross proceeds, US$80.2 million of which came from Tailwind Two’s cash-in-trust and PIPE investment, […]
Fighting The Inflation Fire With Gasoline – The Daily Dive
Starting off the week on the Daily Dive is that of returning guest Lobo Tiggre, from the Independent Speculator. Lobo returns to the show today to discuss government actions to assist in fighting inflation, the potential for an economic downturn, and his forecast for current uranium pricing. Also discussed is the Russian commodity export market, […]
CME Group Launches Micro-Sized Bitcoin, Ether Options
CME Group has expanded upon its cryptocurrency offerings, this time launching options for its Micro Bitcoin and Micro Ether futures offerings. The CME on Monday announced it will begin offering micro-sized options that will allow investors to manage their cryptocurrency exposure to as low as one-tenth of a bitcoin or ether, respectively. Traders will be […]
Daimler Truck CEO Asserts Price Of Electric Vehicle Will “Forever Be Higher” Than Combustion Engine
Daimler Truck CEO Martin Daum served a dose of a reality check on the global shift to electric vehicles, saying that the price to build one will “forever be higher” than its combustion engine component. In an interview with the Financial Times, the firm’s chief explained how governments can step in to level the field […]
MindMed Declares US$93.0 Million Net Loss, US$133.5 Million Cash Balance For 2021
Mind Medicine Inc. (NEO: MMED), more commonly known as MindMed, announced this morning its financial results for 2021. The biotech company ended the quarter with an incurred net loss of US$93.0 million compared to a loss of US$33.9 million in 2020. The quarter’s net loss translates to US$0.23 loss per share. This came from incurring […]
Amid Calls To Pull Out Of Russia, HSBC Reportedly Removed “War” References From Analyst Reports
While its global competitors didn’t shy away from calling the Russian invasion of Ukraine a war, HSBC (NYSE: HSBC) is reportedly scrubbing its analyst reports of any mention or reference that calls the Eastern European event a “war”. Why is the nomenclature an issue worth discussing? Many critics of the war in Ukraine have been […]
Pure Gold Indicates Need For Short Term Financing To Avoid Debt Default, Provides H1 Guidance
Pure Gold Mining (TSXV: PGM) this morning provided its outlook for 2022. The guidance for the year was included within a long-winded release which also provided several operational updates, as well as management commentary on the firms performance over the last year. Cutting to the chase, the company expects to mine roughly 600-700 tonnes per […]
Facedrive Upsizes Second Financing This Month To $17.5 Million
While the chart might not show it, there is reprotedly strong investor demand in Facedrive Inc (TSXV: FD). After announcing a $15.0 million financing on Friday, the company has seen enough demand that it has upsized the overall financing to $17.5 million as of this morning. The financing is the second to be conducted this […]