US Orders Binance’s Changpeng Zhao to Surrender Passports
The United States has mandated that former Binance CEO Changpeng Zhao surrender all his passports, whether active or expired, to a third party, as disclosed in a legal filing submitted yesterday. The alteration in Zhao’s bond conditions for release was initiated by United States District Judge A. Jones, which now requires Zhao to stay within […]
Premiers Continue To Push Against Carbon Tax, Furey Asks Trudeau To Pause April 1st Increase
Tensions are escalating between the federal government and several provinces over the upcoming increase to Canada’s carbon tax on April 1st. The tax on carbon emissions is set to rise from $65 to $80 per tonne as part of scheduled annual hikes until 2030. The latest opposition comes from Newfoundland and Labrador Premier Andrew Furey, […]
Wesdome Gold Reports “Strong” Q4 2023, Aims For Free Cash Flow In 2024
Wesdome Gold Mines (TSX: WDO) has unveiled its financial results for the fourth quarter and the year ending December 31, 2023 as it plans for higher production and free cash flow in 2024 and 2025. “We closed 2023 with a stronger balance sheet and performed well relative to our 2023 operating targets. With the release […]
Aclara Resources Sees CAP S.A. Take 20% Interest In Rare Earths Subsidiary For US$29 Million
Demand for rare earths is heating up, with Aclara Resources (TSX: ARA) revealing this morning that it has had a major investment at the project level into a Chile-based rare earths project. The investment, which comes from CAP S.A., a Chilean conglomerate, will see US$29 million invested into REE Uno SA, the subsidiary which holds […]
Ur-Energy To Build Shirley Basin Uranium ISR Mine
Ur-Energy (TSX: URE) has made a final decision on its fully permitted and licensed Shirley Basin Project in Wyoming. The company has elected to build out the project, which will nearly double its total uranium production capacity. The build out at Shirley Basin is expected to take approximately 24 months. When completed, the mine is […]
Biosynthetic Cocaine? PharmaDrug Files Patent For Novel Manufacturing Method
PharmaDrug’s (CSE: PHRX) subsidiary SecureDose has finally revealed its first biosynthetic formulation: pharmaceutical grade cocaine.
USDA Unveils Hemp Research Roadmap, Invests $10M in Studies
The US Department of Agriculture (USDA) has unveiled a comprehensive “Hemp Research Needs Roadmap,” as it moves to bolster the burgeoning hemp industry and address key research gaps. The 19-page document outlines four priority areas for hemp research: breeding and genetics, best practices for production, biomanufacturing for end uses, and transparency and consistency. Developed with […]
Sports Site Deadspin Gutted After Sale to Mysterious Firm
Deadspin, the popular sports news and commentary website, has been sold again and its entire staff laid off, according to a memo from G/O Media CEO Jim Spanfeller. The site was acquired by a newly formed European digital media company called Lineup Publishing. In the memo to employees, Spanfeller stated that Deadspin’s new owners decided […]
COPL Files For Creditor Protection: “Little Prospect For A Return To Shareholders”
Canadian Overseas Petroleum Limited (CSE: XOP) has initiated a significant restructuring process, announcing the issuance of an initial order by the Alberta Court of King’s Bench under the Companies’ Creditors Arrangement Act (CCAA). In connection with the CCAA proceedings, COPL and its subsidiaries have executed a restructuring support agreement with senior lenders to COPL’s subsidiary, […]
Former Boeing Employee Who Raised Safety Concerns Found Dead
John Barnett, a former quality manager at Boeing (NYSE: BA) who had raised concerns about production standards at the company, has died at age 62 in an apparent suicide. Barnett worked for Boeing for over 30 years until retiring in 2017. In the days leading up to his death on March 9th, Barnett had been […]