Mako Mining Set To Acquire The Moss Mine For Up To US$6.4 Million
Mako Mining (TSXV: MKO) is adding a third asset to its portfolio. The firm this morning announced that it has signed a non-binding letter of intent to acquire the Arizona-based Moss Mine from EG Acquisition, a company established by Mako’s controlling shareholder, Wexford Capital. The transaction appears to be multi-step in nature, with Wexford first […]
ProShares Seeks to Launch Bitcoin-Measured Stock, Gold ETFs
Asset management firm ProShares unveiled plans to launch three exchange-traded funds (ETFs) that would measure S&P 500, Nasdaq-100, and gold returns in Bitcoin rather than dollars, potentially creating a new category of cryptocurrency-linked investment products. The Maryland-based investment manager, which oversees $75 billion in assets, submitted regulatory filings to the Securities and Exchange Commission detailing […]
Opposition Questions LeBlanc’s Ties to Billionaire JD Irving
The new Finance Minister confirmed that he stayed at the billionaire’s home.
Meta’s Plan to Fill Facebook and Instagram with AI Users Sparks Widespread Concern
Meta Platforms, Inc. (NASDAQ: META), the parent company of Facebook and Instagram, has announced plans to integrate a growing number of AI-generated profiles into its social media platforms. These profiles—complete with bios, profile pictures, and the ability to generate and share content—are central to Meta’s strategy to boost engagement and attract a younger audience amid […]
A New Pandemic? Bird Flu Mutations Draw Warning from Health Experts
A genetic analysis of a severe H5N1 case in Louisiana revealed mutations that could enhance the virus’s ability to infect humans, prompting health experts to call for increased vigilance despite low public risk. The mutations, similar to those found in a British Columbia case, appeared during the patient’s hospitalization and were not present in the […]
Blaze at Westshore Terminal Raises Fears of Prolonged Coal Export Delays
A massive machinery fire erupted at the Westshore Terminals coal facility near Delta, British Columbia, early Saturday morning, sending plumes of thick black smoke into the air and causing widespread operational disruptions. The blaze broke out on one of the facility’s conveyor belt systems, a critical component for coal handling, and affected one of the […]
Michael Saylor Claims There’s “60% Risk-Free Returns” At The Bitcoin Lake
Michael Saylor, executive chairman of MicroStrategy (NASDAQ: MSTR) and one of the most outspoken advocates for Bitcoin, has drawn sharp criticism after making controversial claims about the supposed “risk-free” nature of Bitcoin investments. During a guest appearance on Impact Theory, a podcast hosted by Tom Bilyeu, Saylor likened Bitcoin’s annual returns to a guaranteed outcome, citing […]
Industrial Fire Erupts at Sainte-Catherine Battery Recycling Plant
A significant fire erupted at a battery manufacturing facility in Sainte-Catherine, a municipality situated south of Montreal in the Montérégie region, on Sunday night. Emergency services received a 911 call at 8:25 p.m. reporting the blaze at 1200 Garnier St., near Hébert Boulevard. Upon arrival, firefighters were confronted with intense flames consuming the expansive commercial […]
Entourage Health To Be Taken Private By Affiliates Of LiUNA Pension Fund
After multiple breaches of its senior credit agreements with affiliates of LiUNA Pension Fund of Central and Eastern Canada, it appears that Entourage Health (TSXV: ENTG) has finally found a resolution for the matter – the company is going private. The go-private transaction will see Entourage Health acquired by 1001007762 Ontario Inc., in a transaction […]
Electra Battery Materials To Conduct 1 For 4 Reverse Split To Meet Nasdaq Requirements
Electra Battery Materials (TSXV: ELBM) (NASDAQ: ELBM) is set to undertake a reverse split this week to meet Nasdaq listing requirements. The reverse split will see shareholders receive one post-consolidation share for every four pre-consolidation share held. The reverse split is being undertaken in an effort to meet Nasdaq requirements, which outline that an equity […]