AMC European Subsidiary Looks To Raise $400 Million Via Senior Secured Notes
AMC Entertainment (NYSE: AMC, APE) this morning revealed that a subsidiary is looking to raise funds privately as a means of settling certain outstanding term loans. The debt is to be guaranteed by the firms Odeon Cinemas Group Limited subsidiary on a senior secured basis, while they will also be unsecured by AMC on a […]
Uranium Energy Corp Drops $150 Million To Acquire Roughrider Uranium Project
What’s the value of a historic deposit within the Athabasca Basin of Saskatchewan? If you’re Uranium Energy Corp (NYSE: UEC), about $150 million, evidently. UEC this morning announced that it has met an agreement with Rio Tinto to acquire the Roughrider property from Rio Tinto in a cash and stock deal pegged at $150 million. […]
Toronto District School Board Bans Use Of The Word “Hallowe’en” In The Name Of Equity
In the latest edition of “what is this world coming to?,” it appears that the Toronto District School Board has taken up issue with the topic of Hallowe’en. The board this evening issued a letter to parents, advising them that October 31 is not to be referred to as Hallowe’en any longer. The decision has […]
Core Assets Hits 471 Metres Of Porphyry Mineralization At Silver Lime CRD Project
Core Assets Corp (CSE: CC) has completed its 2022 drill program at its flagship Blue Property, found in the Atlin Mining District of northwestern British Columbia. The program saw a total of 7,368 metres of diamond drilling conducted, of which 5,565 metres were focused on the Silver Lime Porphyry-CRD project. All holes conducted at the […]
Elon Musk Denies Speaking With Putin Just Prior to Tweeting Pro-Russian ‘Peace Plan’
Elon Musk is denying he had direct discussions with Russian President Vladimir Putin just before tweeting his infamous peace proposal for Ukraine, that ended up being poorly received by his followers and particularly Ukraine government officials. Ian Bremmer, a foreign policy analyst and founder of consultancy company Eurasia Group told his clients in a note […]
Volatility In European Bond Markets Adds To Uncertainty In Global Markets
On top of too-hot inflation readings and fears of an economic downturn in most western nations, volatility in European bond markets is adding to the uncertainty gripping worldwide equity markets. Given how closely interlinked global markets are, rising European bond yields may further pressure U.S. and Canadian stock markets as the higher yields provide real competition […]
The US Spent $290 Million On Anti-Radiation Pills For ‘Emergency Preparedness’
The United States announced last week that it had bought $290 million worth of anti-radiation pills as part of a “long-standing program” for emergency preparedness, and not because of Russian President Vladimir Putin’s escalating nuclear war threats. The US Department for Health and Human Services (HHS) said on Tuesday last week that it had bought […]
Climate Activist Greta Thunberg Calls Germany’s Nuclear Exit “A Mistake”
Swedish climate activist Greta Thunberg believes it is irresponsible to shut down Germany’s still operational nuclear power stations and instead rely more on coal power. “If we have them [nuclear] already running, I feel it’s a mistake to close them down in order to focus on coal,” the 19-year old activist said in an interview. […]
Where’s Cannabis Headed? — With Jason Spatafora
Joining SmallCapSteve this afternoon is Jason Spatafora, aka the Wolf of Weed Street. Steve and Jason sit down to discuss the long-term thesis of cannabis investing, and the MSOS ETF and where it went wrong. Jason also takes us through his current approach to investing and trading, before we have a discussion on Elon Musk’s […]
Cathie Wood Pulls A “Karen” On US Federal Reserve, Questions Interest Hike Decisions
ARK Invest CEO Cathie Wood called out the US Federal Reserve on its basis for deciding to hike interest rates in an attempt to control the surging inflation. In an open letter to the Fed, Wood tried to debunk the the unanimity of the decision to increase the borrowing rates by offering alternative data that […]