Ecommerce Firm GigaCloud Soars 206% Since US$36 Million Nasdaq IPO
B2B ecommerce solutions provider GigaCloud Technology Inc (Nasdaq: GCT) started trading on the Nasdaq Capital Market on Thursday. The Hong Kong-based firm aimed to raise US$36 million in its debut on the US big board. The offering consisted of 2.94 million Class A common shares priced at US$12.25 per share. The shares are trading on […]
Natural Gas Prices Soar After Gazprom Announces Another ‘Routine Maintenance’ Shutdown
A major Russian pipeline shipping natural gas to Europe is expected to go offline for maintenance come the end of August, putting additional pressure on Germany’s economy as the country struggles to fill its reserves ahead of the winter months. The price of natural gas futures for September on the TTF hub jumped 10% to […]
Finding The Next Great VMS District, With Jim Franklin
Joining SmallCapSteve today is Canadian geology legend James “Jim” Franklin. The “Godfather of VMS” begins today’s chat by talking about how he found his way to geology, before he gives us the lowdown on finding VMS deposits and his exciting new project with Vortex Metals (TSXV: VMS), where they stand on the brink of a […]
Petition To Reinstate Lisa LaFlamme Gets More Support Than Call To Lower Telecom Charges In Canada
Canadians want to get rid of the current oligopoly in the telecom industry to get more competitive fees and better service. But not as much as they want Lisa LaFlamme back on CTV National News. A Change.org petition calling to reinstate CTV News’ decorated chief anchor was circulated shortly after the ousting and has now […]
Streaming Beats Cable As Top TV Service In The US For The First Time
Americans used streaming services more than cable TV for the first time ever in July 2022, according to data from a new monthly study from Nielsen. The study, which analyzes how audiences consume content across delivery platforms, saw that streaming took the largest share at 34.8%, but only by a very small margin as cable […]
Trevali Mining Executives Arrested In Burkina Faso, Stand Trial For Perkoa Mine Flooding
After flooding, debt defaults, and now creditor protection, a legal problem adds to the list of troubles Trevali Mining Corp (TSX: TV) is facing. Two of the firm’s executives–including the general manager of the Perkoa mine–have been arrested on Wednesday in Burkina Faso related to the mine’s flooding that took the lives of eight miners. The […]
Valens Company To Be Acquired By SNDL In All-Stock Deal Valued At $1.26 Per Share
Evidently Sundial Growers, now referred to as SNDL Inc (NASDAQ: SNDL), really likes the business model of the Valens Company (TSX: VLNS). After taking a minority stake in the cannabis extractor last year, the firm has now agreed to acquire the company outright via an arrangement agreement. The transaction will see Valens shareholders receive 0.3334 […]
Trillion Energy Expects To Spud First Gas Well At SASB Field September 1
Drilling is set to begin in the near term for Trillion Energy (CSE: TCF) at its flagship SASB natural gas field off the shores of Turkey in the Black Sea. The development follows natural gas spiking this morning as a result of one of the biggest natural gas suppliers to Europe announcing it will be […]
Uranium Energy Closes On Purchase Of UEX Corp
It appears the battle over UEX Corp (TSX: EUX) between Uranium Energy (NYSE: UEC) and Denison Mines (TSX: DML) was short lived. The acquisition of UEX was completed this morning by that of Uranium Energy. Following shareholder approval for the transaction being granted on August 15, the Supreme Court of British Columbia approved the purchase […]
Emerita Resources Hits 1.4% Copper Over 18.8 Metres
The latest assays are out for Emerita Resources’ (TSXV: EMO) ongoing drill program at its Iberian Belt West project, found in Spain. The results come from the firms Romanera deposit, which has become the main focus of the current exploration program. A total of three holes saw their assays released this morning at the deposit, […]