Lithium Prices Are Too Low, “Unsustainable” For Long-Term Demand Growth Says Albemarle
Albemarle Corp. (NYSE: ALB), the leading lithium producer globally, has called for higher lithium prices, saying current valuations are “unsustainable” for the future landscape of supply and demand. This statement comes in light of the recent downturn in lithium prices, which have plummeted over 80% from their peak in late 2022, amid a market shift […]
Solaris Resources: Ecuadorian Indigenous Nation Files Complaint With BCSC For Failure To Disclose
An Ecuadorian indigenous nation, the Shuar Arutam People (PSHA), has lodged a formal complaint against Solaris Resources Inc. (TSX: SLS) with the British Columbia Securities Commission. The complaint alleges that Solaris has failed to provide continuous and transparent disclosure of material information to shareholders regarding its Warintza mining project, which encroaches upon PSHA’s titled territory […]
#GreatPause2024: X Accounts Continue To Experience Unexplained Pauses In Ad Revenue Sharing
Creators on Elon Musk’s X continue to report that their accounts are being demonetized, with their ad revenue sharing eligibility put on pause without notice. Early in February, we reported that Rawsalerts, the breaking news account with over 800,000 followers, had had its ad revenue sharing eligibility paused for the prior two to three weeks […]
The Body Shop Canada Begins Restructuring, To Close 33 Locations
Canada has been hit with another major retailer entering into restructuring proceedings. The Body Shop Canada today filed a Notice of Intention to Make a Proposal under the Bankruptcy and Insolvency Act. The filing in Canada follows a similar filing by its parent company in the United Kingdom. The filing is reportedly being made in […]
Apple Cancels Ten-Year Long Electric Car Project
After a decade-long effort, Apple Inc. (NASDAQ: AAPL) has made the decision to pull the plug on its ambitious electric car project mainly due to its proposed charging mechanism proving to be unworkable, marking the end of one of the most significant undertakings in the tech giant’s history. Internal sources revealed that the disclosure of […]
Final Bell Claims That BZAM’s Creditor Protection Filing Is A Scheme To ‘Evade Creditors, Defraud Shareholders’ To Go Private
Final Bell Holdings International Ltd. has announced its decision to oppose the application for creditor protection filed by BZAM Ltd. (CSE: BZAM) under Canada’s Companies’ Creditors Arrangement Act (CCAA). This decision comes shortly after BZAM initiated CCAA Proceedings less than two months after BZAM acquired Final Bell Canada. The acquisition, which was finalized on January 5, […]
SEC Charges Lordstown Motors with Misleading Investors on Endurance Pickup Truck Sales
The Securities and Exchange Commission (SEC) has taken action against Lordstown Motors Corp (OTC: RIDEQ), alleging the company misled investors regarding the sales potential of its flagship electric pickup truck, the Endurance. The move follows Lordstown’s bankruptcy filing in 2023, after the company went public through a merger with a special purpose acquisition company (SPAC) […]
Canada To Expedite Nuclear Projects — Report
Canada has announced a strategy to speed up the approval process for new nuclear projects, aiming to support the country’s energy and climate objectives, according to an exclusive report from Reuters. Energy and Natural Resources Minister Jonathan Wilkinson noted that while the process for environmental review under the Impact Assessment Act (IAA) will be made […]
Golden Cariboo Raises $1.3 Million Under First Tranche Of Financing
Golden Cariboo Resources (CSE: GCC) has successfully closed the first tranche of its ongoing private placement. The placement, announced in January, aims to raise gross proceeds of $2.0 million for the company.
Cytophage Sees Its Bacteriophages Used As Treatment In Canada Under Single Subject Clinical Trial
For the first time in Canadian history, bacteriophage therapy is slated to be utilized to assist a patient suffering from a severe bone and joint infection related to a prosthetic.