U.S. Brokerage Firm B. Riley Nosedives As It Explores Strategic Options, Including Sale
U.S. brokerage firm B. Riley (NASDAQ: RILY) announced on Thursday its exploration of strategic options for several of its businesses, including the possibility of a sale. The revelation sent its shares tumbling 14% in extended trading. The company disclosed its intent to seek alternatives for its appraisal and valuation services, as well as its retail, […]
Carlyle Commodities Sees Preliminary Metallurgical Testing Recover 80% Of Gold
Preliminary metallurgical test work at Carlyle Commodities’ (CSE: CCC) flagship Newton project in British Columbia has procured positive results, with the company reporting it has achieved gold extraction rates of 80%.
Sassy Gold Purchases 15 Uranium Properties In Utah And Colorado
Sassy Gold (CSE: SASY) has continued down the path of becoming a uranium explorer, indicating this morning that it has acquired fifteen uranium properties spread across Utah and Colorado. The properties, found on what is known as the Colorado Plateau, amount to 8,200 acres in size on a combined bases. Fourteen of the properties have […]
ATHA Energy To Uplist To TSX Venture March 4
ATHA Energy (CSE: SASK) is set to leave the Canadian Securities Exchange. The company this morning indicated that it will be leaving the exchange in favour of the TSX Venture.
Meta Will No Longer Pay for News Content
Meta Platforms (Nasdaq: META) has announced that it will no longer renew existing deals to pay news publishers in Australia for news content to appear on Facebook. The tech giant said that this strategy is “part of an ongoing effort to better align our investments to our products and services people value the most,” including […]
Fake Amazon Automation Gurus Settle FTC Case For $21.7 Million
The people behind the “Amazon automation” scam have agreed to settle the case of the Federal Trade Commission (FTC) for millions in assets, the FTC announced on Tuesday. Two of the owners and all of the businesses involved will also be permanently banned from selling business opportunities or coaching programs involving e-commerce stores. Brothers Roman […]
Russia To Ban Oil Exports Beginning March 1
Russia will begin a six-month ban on petrol exports starting March 1. This decision, sanctioned by Prime Minister Mikhail Mishustin, is a response to an anticipated rise in local demand. Confirmed by the state news agency Tass, the embargo echoes a similar measure taken last year to prevent domestic shortages and soaring prices. The directive […]
Trulieve Q4 2023 Financials: 4% Revenue Drop, Narrowed Losses
Trulieve Cannabis (CSE: TRUL) has released its financial results for the fourth quarter and full year ending December 31, 2023. For the three-month period, the firm reported revenue of $287 million, marking a 4% drop from Q4 2022’s $298 million and a 4% increase from Q3 2023’s $275 million. Notably, 95% of this revenue was […]
One of the Biggest DND Contractors In Canada… Is A DND Employee
The ArriveCan plot thickens: the CEO of one of the Department of National Defence’s (DND) biggest contractors apparently happens to be an employee of the DND, according to a report from CTV News. The revelation comes just a day after the federal government announced that it would be reviewing its program to support indigenous contractors. […]
Canada Wants Its Excise Taxes On Cannabis
Canada’s tax collection agency is taking action to retrieve outstanding excise duty payments from licensed cannabis producers by ordering the garnishment of their revenue. As reported by MJBizDaily, the escalation in the Canada Revenue Agency’s (CRA) enforcement efforts comes amidst a concerning trend of mounting financial challenges within the federally regulated cannabis industry. According to […]