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 […]
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Aya Gold Hits Commercial Production At New Processing Plant
Aya Gold & Silver (TSX: AYA) has achieved commercial production at its new processing plant at the Zgounder mine, which follows the first silver pour that was conducted at the end of November. Commercial production was officially achieved on December 29, following a 30 day period where 45,683 tonnes of ore was processed at the […]
Jaguar Mining Still Evaluating Timing Of Turmalina Restart, Expects Fines For Tailings Slide
Jaguar Mining (TSX: JAG) indicated this morning that operations remain halted at its Turmalina Mine, part of the MTL Complex in Brazil, following a landslide experienced by its dry-stack tailings pile on December 9. The company stated that operations remain “temporarily suspended,” as it continues to work with authorities on dealing with the incident. A […]
Simply Solventless To Acquire Delta 9 Bio-Tech For Basically Free
Simply Solventless Concentrates (TSXV: HASH) has apparently done the impossible, announcing this morning that it has entered into an agreement to acquire Delta 9 Bio-Tech for free. Specifically, the company has entered into an agreement to acquire Delta 9 for cash consideration of $3.0 million. Payment is to be made in two tranches, with $0.75 […]
Landing Gear Failures Mark Deadly Day for Global Aviation
Aircraft landing gear malfunctions led to multiple incidents on Saturday, including a catastrophic crash in South Korea that killed 179 people and a fiery runway skid in Canada that forced an emergency evacuation. The deadly Jeju Airlines crash occurred when a Boeing 737-800’s landing gear failed after a reported bird strike at Muan airport, sending […]
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Indeed: Canada’s Job Market Faces Crisis as Unemployment Has Path To 7.5%
As Canada’s labor market approaches 2025, a troubling trend is emerging: systemic weakness characterized by rising unemployment and declining employer demand. In Indeed’s 2025 Canada Jobs & Hiring Trends Report, it is surmised that unemployment could climb to 7.5%—a level not seen since previous economic downturns. Job postings on the platform have dropped 9% year-over-year, […]
MicroStrategy’s Debt Problem Grows On Bitcoin Acquisition Strategy; Saylor: “It’s Not Debt”
MicroStrategy (NASDAQ: MSTR), once a prominent software company of the dot-com era, has become synonymous with Bitcoin investment. Under the leadership of its outspoken co-founder and executive chairman, Michael Saylor, the firm has transformed into a Bitcoin proxy, amassing vast reserves of the cryptocurrency. While this strategy has led to soaring stock prices during Bitcoin […]