Microsoft-Activision US$69 Billion Deal Is Set For A Deep Probe Amid Anti-Competition Concerns
An in-depth review is in store for Microsoft’s (Nasdaq: MSFT) US$69 billion acquisition deal to buy Activision Blizzard (Nasdaq: ATVI) as anti-competition issues have been raised by a UK watchdog. The Competition and Markets Authority (CMA) on Thursday aired out its concerns that Microsoft’s Xbox might use the acquired Activision assets to gain an unfair competitive advantage on […]
Monarch Mining “Slows Down” Operations At Beaufor Mine Due To Milling Issues
Monarch Mining (TSX: GBAR) is evidently having operational and cash problems. The firm last night revealed it will “slow down mining operations” at the Beaufor Mine, which is largely a result of poor performance at the Beacon Mill. Notably, operations at the Beacon Mill will not be impacted. Restart and ramp-up of the mill appears […]
Eguana Tech Closes On $38.0 Million In Funding
Eguana Technologies (TSXV: EGT) now has significant money in the bank. The firm announced late last night that it has closed on multiple funding initiatives that were recently announced by the company. The firm has closed on the significant $33.0 million investment by ITOCHU Corporation, which comes in the form of an unsecured convertible debenture. […]
New Found Gold Hits 5.75 Metres Of 18.95 g/t Gold
Positive drill results keep on coming for New Found Gold (TSXV: NFG). The latest assay results were released by the firm this morning for seventeen holes conducted north of the Keats Zone. The results come from the firms ongoing 400,000 metre drill program, which is said to now be 62% complete. Highlights from the latest […]