Austral Gold Sells Off Investments To Cover Production Shortfall

Austral Gold (TSXV: AGLD) is reporting this morning that it was forced to sell a portion of its minority equity investments in public companies as a means of covering a cash shortfall related to production issues. The sale is a result of the failure of high-pressure grinding roll equipment at Austral’s Heap Reprocessing Project at […]

Vizsla Silver Shareholders Approve Spinout Of Royalty Asset

Vizsla Silver (TSXV: VZLA) has seen shareholders approve the spinout of Vizsla Royalties Corp from the company at a special meeting of shareholders. The principal asset of the royalties company will be a 2% net smelt returns royalty on Vizsla’s Panuco project in Mexico after it exercises a buyback right on the asset. The firm […]

Canadian Government Pockets Nearly Half of Legal Cannabis Revenue

A recent report from Statistics Canada revealed that the Canadian government is reaping a significant portion of the revenue generated from legal cannabis sales. According to the figures shared on April 19, two out of every five dollars spent on legal cannabis in Canada from 2022-2023 went directly to government coffers. The federal and provincial […]

Saskatchewan Research Council Strikes $3M Deal To Keep Rare Earths Away From China

Vital Metals (ASX: VML) has secured a significant deal worth $3 million with the Saskatchewan Research Council (SRC) to sell its stockpiled rare earth material from the Nechalacho North T deposit. This move, facilitated by Natural Resources Canada, marks a strategic shift from the previously announced sale to Chinese interests and underscores Canada’s commitment to […]

Alex Jones Loses Control of Infowars as Court Orders Liquidation of Personal Assets

A Texas judge has dismissed the proposed liquidation of conspiracy theorist Alex Jones’ company Free Speech Systems, the parent company of Infowars. Judge Chris Lopez ruled that denying the bankruptcy plan was in the best interest of the creditors, including the families of Sandy Hook victims who have won approximately $1.5 billion in damages against […]

SEC Poised to Seek Enforcement Action Barring Elon Musk From Holding Executive Positions

The Securities and Exchange Commission (SEC) is likely to seek enforcement action that could bar Elon Musk from serving as an officer or director of a public company, according to former SEC officials. This move comes as the SEC investigates Musk’s alleged deliberate violation of securities laws regarding the timely disclosure of his Twitter stock […]