SEC Uncovers Massive Fraud Scheme Behind Dan Bilzerian’s Ignite Brands
The U.S. Securities and Exchange Commission has filed charges against Ignite International Brands (CSE: BILZ), its financier Paul Bilzerian, and several other executives in connection with an alleged scheme to falsify financial records in 2020. The lawsuit exposes the practices of a company led by Dan Bilzerian, a social media personality, and his father, Paul […]
Governor Newsom Signs Bill Allowing Amsterdam-Style Cannabis Cafes in California
California Governor Gavin Newsom has signed Assembly Bill 1775 into law, paving the way for cannabis cafes to operate legally in the state. Authored by Assemblymember Matt Haney (D-San Francisco), the bill allows cannabis businesses to serve non-cannabis food and beverages, as well as sell tickets for live performances. The legislation, which received strong bipartisan […]
BREAKING: Iran Launches Missile Attack Against Israel
Iran has launched multiple waves of ballistic missiles against Israel today, attacking the nation in response to Israel’s actions in Lebanon against Hezbollah. Early footage posted on X/Twitter has shown missiles impacting targets as Israel’s Iron Dome system became overwhelmed with aerial targets. It’s unclear at this time what specific infrastructure has been hit, or […]
Spoofing Scandal Costs TD Securities Over $15 Million in Penalties
The U.S. Securities and Exchange Commission announced that TD Securities, a subsidiary of Toronto-Dominion Bank (TSX: TD) has been charged with market manipulation through an illegal trading strategy known as “spoofing” in the U.S. Treasury cash securities market. Additionally, the firm has been cited for failing to supervise its head of the U.S. Treasuries trading […]
Cerebras Files for $1 Billion IPO, Poised to Battle NVIDIA in AI Tech Race
Cerebras Systems Inc., a California-based startup known for its high-performance AI chips, has formally filed for an initial public offering. The company submitted a confidential draft version of its filing to the U.S. Securities and Exchange Commission in July, and its public filing today marks a significant step toward going public on the Nasdaq, where […]
Longshoreman Strike Paralyzes East and Gulf Coast Shipping
A large-scale strike has officially begun, bringing ports across the East and Gulf Coasts of the United States to a standstill. The strike, involving around 40,000 longshoremen, is expected to significantly impact the U.S. and European economies, causing disruptions to trade, supply chains, and ultimately consumer prices. The union’s demands for a substantial pay increase […]
Eros Resources, MAS Gold, Rockridge Resources To Combine To Create Saskatchewan-Focused Gold Explorer
There’s an exploration roll-up underway in Saskatchewan. Eros Resources (TSXV: ERC) this morning revealed that it would be acquiring both MAS Gold Corp (TSXV: MAS) as well as Rockridge Resources (TSXV: ROCK) under a three way merger transaction. The combined entity on a post-merger basis intends to focus its exploration efforts in Saskatchewan, with a […]
Q2 Metals Hits 1.69% Li2O Over 215.6 Metres At Cisco
Q2 Metals Corp (TSXV: QTWO) is reporting that it is the latest company to make a lithium discovery in the James Bay region of Quebec. The discovery follows the firm conducting an inaugural drill campaign at its Cisco property. Highlights from the results include: The drill program itself amounted to 17 holes conducted over an […]
IAMGOLD To Repurchase 9.7% Interest In Cote Gold Mine For Estimated $382 Million
IAMGOLD (TSX: IMG) intends to increase its ownership of its Cote Gold project. The company last night indicated it has notified Sumitomo Metal Mining Co, it’s joint venture partner on the project, that it intends to return to its prior 70% ownership of the project by exercising a repurchase right. The exercise of the repurchase […]
Plurilock Secures Critical Services Contracts Worth US$1.9 Million
Plurilock Security (TSXV: PLUR) has reportedly again sold its services to a prominent semiconductor firm listed on the S&P500 index.