Vizsla Silver Hits 1,935 g/t Silver, 15.47 g/t Gold Over 1.46 Metres
Vizsla Silver (TSXV: VZLA) provided the latest results from drill testing its Panuco silver-gold project this morning. A total of fourteen holes saw their assays released, with the results focused around the Cristiano Vein of the Tajitos – Copala area. Highlights from the results include: CS-22-128: 299 g/t silver and 2.08 g/t gold over 2.50 […]
Great Panther Mining Expected To Delist From NYSE, TSX Following Creditor Protection Filing
Great Panther Mining (TSX: GPR) shareholders are in for a bit more pain this morning, with the firm revealing that it has been halted for trade on the Toronto Stock Exchange and subject to delisting, with the New York Stock Exchange meanwhile indicating that the firm will be subject to proceedings to delist its equity. […]
Ascend Wellness Sees CEO Abner Kurtin Charged With Battery
The chief executive of Ascend Wellness (CSE: AAWH) appears to have gotten himself into a bit of a pickle, which the company was forced to address in an after hours news release last night. The firm commented that it is “aware of allegations against CEO, Chairman, and Founder Abner Kurtin regarding a domestic-related misdemeanor.” As it turns […]
Russia Bypasses SWIFT, Launches New Yuan Transfer System
It appears that sanctions are not biting Russia as hard as the West had hoped. One of the country’s banks has created a new system that bypasses the internationally-used SWIFT system to send money transfers to other countries. The sanctions that were originally designed to cut Russia from euro and US dollar financial markets is […]
More Pain to Come: Bank of Canada Poised to Deliver Another Colossal Rate Hike Into Restrictive Territory
With inflation running at 40 year-highs, consumers face a tough road ahead. But, according to economists, the Bank of Canada is not backing down on its fight to bring price growth to the 2% target rate, and will likely deliver another colossal rate hike come its next policy decision this week. Bay Street economists are […]
Reuters Reports That US Sought Documents On Binance CEO For Money Laundering Investigation
Reuters reports that it was recently able to review a December 2020 written request from US Justice Department’s money laundering section that asked Binance, the world’s largest cryptocurrency exchange, to hand over records about its anti-money laundering checks and communications involving Changpeng Zhao, the company’s chief executive and founder. According to the report, four people […]
UK’s Skyrocketing Energy Bills May Cause More Than Half Of Small Businesses To Close
In Britain, the Federation of Small Businesses (FSB) is warning of “a generation of lost businesses, jobs, and potential.” The FSB reports that 53% of small businesses are expecting to “collapse, shrink or, at best, stagnate over the next year.” Based on the FSB’s estimates, small businesses are bracing themselves for electricity bills that have […]
Pond Technologies To Raise $1.0 Million At Premium To Market
Pond Technologies (TSXV: POND) this morning indicated it is looking to complete a small financing to fund its operations. The financing is being conducted at a premium to current market prices, with significant insider participation also set to occur. The financing will see the firm raise up to $1.0 million, with common shares to be […]
Germany Confirms Nuclear Power Phase Out By 2022, Keeps Two Plants In Reserve Until April
Berlin still hates nuclear, but acknowledges that it has “to prepare for the worst.” Germany announced that it will keep two of the last three remaining nuclear power plants running in reserve until mid-April next year, beyond the scheduled year-end deadline to phase out the energy source altogether. Europe’s largest electricity exporter reportedly made the […]
Germany Unlikely To Hit November Gas Reserve Target After Nord Stream Shutdown
Germany is expected to miss its 95% gas reserve target on November 1 after Russia keeps the Nord Stream 1 pipeline closed indefinitely, told to Bloomberg by people familiar with the matter. This follows after Europe’s largest energy exporter announced that it hit the 85% level in its reserves by September 1, one month ahead […]