SEC Charges Dragonchain With Selling Unregistered Crypto Assets
The SEC has laid charges against Dragonchain founder John Joseph Roets and his entities for selling unregistered cryptocurrency assets back in 2017. According to the SEC, Roets— via Dragonchain Inc., Dragonchain Foundation, and the Dragon Company— raised $16.5 million in an unregistered offering of Dragon tokens to investors. The illegal offering was allegedly conducted in […]
Novo Resources Posts $29.7 Million In Revenue, $18.8 Million Net Loss In Q2 2022
Novo Resources Corp. (TSX: NVO) reported its Q2 2022 financials on late Monday, toplined by the preliminarily announced quarterly revenue of $29.7 million. This is a decline from Q1 2022’s revenue of $31.9 million and Q2 2021’s revenue of $31.7 million. The quarterly revenue came from selling 12,378 gold ounces at an average realized price […]
Walmart Adjusts Grim Earnings Outlook Following Strong Q2 2023 Financials
Walmart Inc. (NYSE: WMT) reported Tuesday its financial results for fiscal Q2 2023 ended July 31, 2022. The report highlighted a quarterly revenue of US$152.86 billion, marginally up from Q2 2022’s revenue of US$141.05 billion. “We’re moving a lot of volume through our business, and I’m proud of how our associate team has responded and […]
Massive Deposits In The Balkans? With Alex Miskovic
Joining SmallCapSteve today is Alex Mišković, Co-Founder, President & CEO of Terra Balcanica Resources Corp (CSE: TERA). Alex joins us today to take us through mining in Bosnia and Serbia, where world-class polymetallic resources remain largely underexplored. Within, we discuss Alex’s background, the significant of the mineral belt they are currently exploring, current projects on […]
Berlin Doesn’t Hate Nuclear Anymore? Mixed Messages on Future of Germany’s Nuclear Power Plants
It appears that Germany no longer hates nuclear power, and will postpone the forthcoming closure of its remaining power plants amid an energy crisis that is becoming embedded into Europe’s economy as the war in Ukraine rages on. In what could only have been a myopic impediment in failing to see that Europe’s energy policy […]
Galaxy Digital: BMO Cuts Price Target To $14 After BitGo Purchase Falls Apart
Galaxy Digital (TSX: GLXY) yesterday announced that it would be terminating its acquisition of BitGo due to BitGo’s failure to deliver its 2021 audited financial statements by July 31, 2022. Commenting on the termination, Galaxy stated that it remains focused “on executing its business objectives and driving long-term performance for investors.” This includes rolling out […]
Canadian CPI Slows to 7.6% in July… But Only Because of Lower Gasoline Prices
Hurrah! Canadians are finally getting a break from surging consumer prices, as the latest CPI print decelerated from a jaw-dropping 8.1% annual gain in June to only 7.6% in July. What a relief! Well, not so fast. The deceleration was only the result of a slower year-over-year gain in gasoline prices, as consumers paid 9.2% […]
PyroGenesis Plummets 14% Following Q2 2022 Financials Release
PyroGenesis Canada Inc. (TSX: PYR) shared on late Monday its financial results for Q2 2022, highlighting a quarterly revenue of $5.8 million. This is a decrease from Q2 2021’s revenue of $8.3 million. Breaking down the topline revenue figure, the company’s Drosrite technology contributed $0.4 million, Purevap generated $0.7 million sales, torch-related sales amounted to […]
Trevali Mining Unable To Make Debt Payments Due Tomorrow, Cuts Guidance At Caribou Mine
Trevali Mining (TSX: TV) appears to be in a world of hurt following a series of unfortunate events occurring at its mine sites. The firm reported its second quarter financial results this morning, which were highlighted by the fact that the company does not currently have the means to make required payments on its debt […]
Verses Tech Becomes Newest Member Of Digital Twin Consortium
The Digital Twin Consortium has added its newest member. Verses Technologies (NEO: VERS) this morning revealed it has become a member of the international organization. The organization aims to create partnerships between users working with digital twins across the tech sector, as well as in government, academia, and industry. Digital twins, as the name suggests, […]