Temas Resources Files PEA Outlining $6.6 Billion After-Tax NPV(8%) At La Blache
Temas Resources (CSE: TMAS) has filed its preliminary economic assessment report for its flagship La Blache titanium-vanadium-iron project in Quebec. The filing follows the announcement of the PEA last month by the company.
Fisker Slashes Prices As Insolvency Nears
Fisker, the California-based electric vehicle startup, has announced drastic price cuts for its 2023 Ocean electric SUV lineup. The entry-level front-wheel-drive Sport model saw its starting price plummet by $14,000, now starting at $27,734. The mid-tier Ultra trim level received an $18,000 price reduction, with a new base price of $37,437. Most significantly, the top-of-the-line […]
BlackRock VP Pleads With Texas School Fund to Reconsider $8.5B Divestment
A senior BlackRock Inc (NYSE: BLK) executive recently expressed dismay over the Texas Permanent School Fund‘s (PSF) decision to pull $8.5 billion in assets from the investment management firm. BlackRock Vice Chairman Mark McCombe wrote a letter urging the fund’s administrators to reverse course on terminating the contract. The move by the PSF stems from […]
Why Is The Government Paying For The Collapsed Baltimore Bridge?
Following the unfortunate accident featuring a container ship colliding with the Francis Scott Key Bridge in Baltimore leading to its collapse, social media was abuzz on who will pay for the damages and the reconstruction. It turns out, it’s the federal government who will foot the bill for rebuilding the bridge. President Joe Biden has […]
Krispy Kreme Surges To Two Year-High Following McDonald’s Partnership
McDonald’s (NYSE: MCD) and Krispy Kreme (NASDAQ: DNUT) are teaming up to bring the latter’s selected doughnuts to the fast-food chain. Following a successful trial run at over 160 McDonald’s restaurants in Kentucky and Indiana, the two iconic brands have announced plans to expand the availability of Krispy Kreme doughnuts nationwide by the end of […]
Dell’s New Mandate Says Remote Workers Won’t Be Eligible For Promotion
Tech giant Dell (NYSE: DELL) has announced a strict new return-to-office mandate that has left many employees frustrated and concerned about their future with the company. For over a decade, Dell had embraced a hybrid working model, allowing teams to have up to 15% of members working remotely without issue. This flexibility enabled staff to […]
Canacol Energy Asserts It Will Be Able To Pay Its Next Coupon
Amid growing concerns among investors, Canacol Energy Ltd. (TSX: CNE) has moved to reassure stakeholders regarding its debt obligations. In a statement, Canacol emphasized its compliance with all debt covenants, citing its consolidated leverage ratio of 2.85x as of December 31, 2023, well within the parameters set by its covenants with the issued senior notes (3.25x) […]
Blast Crypto Game Hacked, Losing $62 Million to North Korean Developer
A crypto game operating on Ethereum’s layer 2, known as Munchables and hosted on the Blast platform, has fallen victim to a hack, losing over $62 million in Ether (ETH). The breach, amounting to approximately 17,400 ETH, has sent shockwaves through the crypto community, drawing comparisons to Ethereum’s infamous DAO hack in 2016. The exploit, […]
Nilam Resources CEO Resigns After Bitcoin Purchase Announcement: “It’s A Classic Pump And Dump”
Ron McIntyre, a key executive at Nilam Resources (OTC PINK: NILA), was recently asked to comment on the eyebrow-raising announcement of a billion-dollar bitcoin acquisition through a company buyout. Instead, McIntyre revealed that he had resigned from his position and had his name removed from all corporate documents. Although McIntyre’s resignation was not immediately reflected […]
Temas Resources Options Additional Claims At La Blache With Historical Resource Estimate
Temas Resources (CSE: TMAS) is expanding its land holdings at its flagship La Blache project in Quebec. The company has entered into an option agreement as of this morning to acquire the La Blache Lake Extension Property in an effort to further consolidate its holdings in the region.