Uranium Energy: Canaccord Lifts Rating To Speculative Buy
Last Monday, Uranium Energy Corp (NYSE: UEC) announced that they would be acquiring UEX Corporation (TSX: UEX) to create “the largest diversified North American focused uranium company.” Uranium Energy will be buying UEX via an all-share transaction, where UEX shareholders will receive 0.0831 shares of Uranium Energy Corp for each share owned. This implied a […]
Halo Collective To Conduct Second Share Consolidation In Nine Months
It hasn’t even been a year since its last share consolidation, yet Halo Collective (NEO: HALO) is again looking to reduce its share count via the easiest means possible. The firm last night revealed it intends to again conduct a reverse split. Approved by shareholders at a meeting held last week, the company is looking […]
Bitfarms Forced To Sell Additional Bitcoin Due To Crypto-Backed Credit Facility
It appears our analysis last week on Bitfarms Ltd (TSX: BITF) was close to being right on the money. In light of the continued fall in the value of bitcoin, the firm this morning announced that it has been forced to review its current “HODL” strategy for the cryptocurrency. The company has evidently again reduced […]
Carbon Streaming Enters Agreement For Up To 44.1 Million Canada-Based Carbon Credits
Carbon Streaming Corp (NEO: NETZ) has entered into its first carbon investment in Canada. The firm has reached a streaming agreement with Will Solutions, whom is an operator of carbon reduction projects. The agreement will see Carbon Streaming support projects in both Quebec as well as Ontario, with a focus on sustainable community projects. The […]
Freegold Ventures Hits 0.88 g/t Gold Over 506 Metres
Freegold Ventures (TSXV: FVL) continues to prove out the size of the deposit at its flagship Golden Summit Project, found in Alaska. The firm this morning released the results of a further seven drill holes conducted on the property under an ongoing drill program. Highlights from the results include: GS2115: 1.25 g/t gold over 51.1 […]
Dogecoin Goes Up 8% After Elon Musk Says He’ll Keep Buying
Everyone already knows that when Elon Musk, who was once called the “Dogefather,” says anything about Dogecoin, the markets move. This time around, though, in a world where Bitcoin and Ethereum are both down 30% (with Bitcoin hitting lows on levels not seen since as far back as 2017), with the crypto market cap slashed […]
Three Arrows Capital Explores Asset Sales, Possible Bailout Amid Potential Insolvency
Kyle Davies, co-founder of cryptocurrency-focused hedge fund Three Arrows Capital (or 3AC), has broken the firm’s silence on its alleged liquidation and potential insolvency through an interview with the Wall Street Journal on Friday. Before this, the closest the firm had to a statement was a cryptic tweet posted by co-founder Zhu Su. According Davies, […]
Snapchat Plans To Add A “Plus” Subscription Service Amid Below Guidance Outlook
Weeks after Snap Inc. (NYSE: SNAP) announced its expected revenue and adjusted EBITDA guidance miss, it is reportedly in the works to develop a premium subscription service for its flagship app. Called Snapchat Plus, the paid service gives users access to early features and exclusive capabilities–much like Twitter’s Blue service. “We’re doing early internal testing […]
Musk Vs. Woke: Tesla Sacks LGBTQ+, Diversity Employee Leads
Both of Tesla’s (Nasdaq: TSLA) volunteer heads for its LGBTQ+ employee community, and diversity and inclusivity programs have been laid off by the company. According to an Electrek report, the firm’s volunteer president of LGBTQ+ community Bobby Berretta-Paris was laid off last week while software engineer Brittany Gibbons was also let go. Gibbons doubles as […]
The Future Of Copper, With John Timmons – The Daily Dive
Today on The Daily Dive, it’s all about copper. John Timmons, President & CEO of Stone Gold (TSXV: STG), joins us to provide his thoughts on copper’s future in renewable energy, as well as the supply and demand outlook for the next few years. From there, he’ll take us through Stone Gold’s projects, current exploration, […]