Polestar’s Post-SPAC Trading Pattern Could Be Litmus Test For EV Stocks
An important gauge of investor perception of the EV industry is scheduled to play out over the next few weeks. On June 22, Gores Guggenheim, Inc. (NASDAQ: GGPI) shareholders are scheduled to vote on the SPAC sponsor’s proposed acquisition of the highly-regarded Swedish EV manufacturer Polestar. Presuming GGPI shareholders vote to approve the combination, the merger should close quickly […]
JetBlue Sweetens Spirit Airlines Bid With Additional US$2.00 Per Share: “Unambiguously A Superior Proposal”
It seems JetBlue (Nasdaq: JBLU) is seeing light to its counterbid to acquire Spirit Airlines, Inc. (NYSE: SAVE). The airlines said that after “discussions with the Spirit team last week,” it has decided to increase its bid by US$2.00 per share. As per its last bid, JetBlue was offering to buy out Spirit for a […]
Addressing Gas Supply Woes: It’s Restarting Coal Plants For Germany; It’s Rebate Cards For Biden
With the prices of energy resources set to further spike amid the ongoing Russia-Ukraine war, hiking inflation rates, and Moscow’s supply route standoff with Kazakhstan, primary gas state consumers are looking for ways to alleviate the rising local prices. For its part, Germany is planning to restart its coal-fired power plants to conserve its natural […]
Cognetivity: Tech For Brain Health Screening – The Daily Dive
Joining us again on The Daily Dive is Dr. Thomas Sawyer, COO of Cognetivity Neurosciences (CSE: CGN). Today, Tom sits down with Cassandra to talk about their recent partnership with SEHA, the UAE’s largest healthcare network, developments in the deployment of CognICA, and more updates on the future of brain health screening. Cognetivity Neurosciences is […]
Vizsla Silver Hits 20.45 Metres Of 780 g/t Silver, 4.23 g/t Gold
Vizsla Silver (TSXV: VZLA) has continued to see success from continued exploration at its Panuco silver-gold project in Mexico. The firm this morning released the results of 24 drill holes this morning, which targeted the Tajitos-Copala resource area. Highlights from the results include: CS-22-154: 1,010 g/t silver and 5.44 g/t gold over 9.35 metres CS-22-160: […]
Uranium Energy: Canaccord Lifts Rating To Speculative Buy
Last Monday, Uranium Energy Corp (NYSE: UEC) announced that they would be acquiring UEX Corporation (TSX: UEX) to create “the largest diversified North American focused uranium company.” Uranium Energy will be buying UEX via an all-share transaction, where UEX shareholders will receive 0.0831 shares of Uranium Energy Corp for each share owned. This implied a […]
Halo Collective To Conduct Second Share Consolidation In Nine Months
It hasn’t even been a year since its last share consolidation, yet Halo Collective (NEO: HALO) is again looking to reduce its share count via the easiest means possible. The firm last night revealed it intends to again conduct a reverse split. Approved by shareholders at a meeting held last week, the company is looking […]
Bitfarms Forced To Sell Additional Bitcoin Due To Crypto-Backed Credit Facility
It appears our analysis last week on Bitfarms Ltd (TSX: BITF) was close to being right on the money. In light of the continued fall in the value of bitcoin, the firm this morning announced that it has been forced to review its current “HODL” strategy for the cryptocurrency. The company has evidently again reduced […]
Carbon Streaming Enters Agreement For Up To 44.1 Million Canada-Based Carbon Credits
Carbon Streaming Corp (NEO: NETZ) has entered into its first carbon investment in Canada. The firm has reached a streaming agreement with Will Solutions, whom is an operator of carbon reduction projects. The agreement will see Carbon Streaming support projects in both Quebec as well as Ontario, with a focus on sustainable community projects. The […]
Freegold Ventures Hits 0.88 g/t Gold Over 506 Metres
Freegold Ventures (TSXV: FVL) continues to prove out the size of the deposit at its flagship Golden Summit Project, found in Alaska. The firm this morning released the results of a further seven drill holes conducted on the property under an ongoing drill program. Highlights from the results include: GS2115: 1.25 g/t gold over 51.1 […]