RooGold Assays 22.1 g/t Gold In Rock Chip Samples At Lorne Project
RooGold (CSE: ROO) earlier this week reported that it has received assays back from its first pass rock chip sampling program along the Peel Manning fault system in New South Wales, Australia. The latest results come from the firms Lorne property. The program saw a total of 22 samples taken from the property at two […]
Canada Jetlines Schedules First Flights For September 2022
Canada Jetlines (NEO: CJET) is finally nearing its inaugural first flight as the newest Canadian airline. The firm this morning announced its first scheduled flight route that will take place, which is scheduled to begin next month. The flight is set to occur between Toronto’s Pearson International Airport and Calgary’s International Airport, which will take […]
Eguana Receives C$33.0 Million From ITOCHU With Conversion At 22% Premium To Market Price
This morning Eguana Technologies (TSXV: EGT) announced a $33.0 million strategic investment from Japenese based trading house ITOCHU Corporation. The terms of the financing come in the form of unsecured convertible debentures, with a $0.50 conversion price, a 22% premium over Thursday’s closing price. The debentures will come with a 7% interest rate per annum […]
Global Dividend Payments Soar to Record-High Thanks to Surging Energy Prices
Never let a good crisis go to waste! The post-pandemic energy crisis has sent oil and gas prices soaring, boosting energy companies’ profits and sending global dividend payments to shareholders surging to record-highs. Major oil and gas companies and particularly state-owned firms in Latin America reaped enormous profits amid the surge in energy prices, and […]
With Power Bills Set To Surge 80% In October, Energy Crisis Could Hurt UK Households More Than 2008 Crash
A majority of UK households risk energy poverty in the winter from soaring utility bills while energy suppliers are facing the threat of going out of business from being overwhelmed by bad debts, Bloomberg reports. Power bills are set to surge 80% starting October, as the price cap goes up, right on the verge of […]
Olaf Scholz Calls on Canada to Boost LNG Exports to Europe Despite Lacking Infrastructure to Receive Shipments
With a catastrophic energy crisis looming around the corner, Germany is calling on Canada to boost LNG exports to Europe, despite lacking infrastructure to receive such shipments let alone having a concrete plan on how to go about such a business case. In a television interview with CBC News, German Chancellor Olaf Scholz said he […]
New Vehicle Inventory May Be Up From Increased Production In July
New vehicle inventory in the United States is expected to go up 2.87% at the end of August, according to a report by ZeroSum, an automotive marketing software company. Based on data from The Federal Reserve, US car production hit 1.9 million in July, the highest since February 2021. The report also sees a dip […]
Pegasus Resources Identifies Multiple Radon Trends At Athabasca Basin Property
The results are finally in for Pegasus Resources (TSXV: PEGA) and their previously announced RadonEx surveys. The surveys took place at the firms Athabasca Basin uranium property in Saskatchewan, referred to as the Pine Channel Uranium Project. Pegasus cuts to the chase in today’s announcement, stating that in combination with historical geophysical work, the radon […]
Nvidia Slumps Before Rebounding Following Fiscal Q2 2023 Earnings Release Marred With Declining Income And Weaker Guidance
NVIDIA (Nasdaq: NVDA) announced Wednesday after the closing bell its financial results for the fiscal second quarter of 2023, ended July 31, 2022. The report highlights a topline revenue figure of US$6.70 billion, a decrease from Q1 2023’s revenue of US$8.29 billion but a marginal increase from Q2 2022’s revenue of US$6.51 billion. “We are […]
Businesses In Canada Don’t Want To Invest, New Study Reveals
A recent C.D. Howe Institute study revealed that business investment in Canada — which has been weak since 2015 — has pushed down investment per available worker to half of what it is in the United States. The study compares figures between Canada, the US, and countries that make up the Organization for Economic Cooperation […]