There’s Lead In Your Stanley Cup: Makers Of Viral Tumbler Sued Over Deceptive Practices
Four women from California are accusing Pacific Market International (PMI), the company behind the widely popular Stanley cups, of deceptive practices by failing to inform consumers about the presence of lead in the products. Filed in Los Angeles state court, the plaintiffs are pushing for class action status, claiming that PMI marketed the Stanley cups […]
Liberals’ Decision To Extend Ban On Foreign Homeownership Draws Criticism, Exposes Glaring Issues
On Sunday, Deputy Prime Minister and Minister of Finance Chrystia Freeland announced that the federal government is intending to extend the two-year ban on foreign ownership of Canadian housing by another two years. The existing ban, first announced in December 2022, is set to expire on January 1, 2025. It will be extended to January […]
Hong Kong Company Loses Over $25 Million To A Deepfake of The CFO
Here’s a very 2024 question: are you sure the people you’re on a video conference call with are real and not deepfakes? Unfortunately, this was a question an employee from the Hong Kong branch of a multinational company was not able to ask themself before making bank transfers amounting to HK$200 million (US$25.6 million) after […]
Is Canada About to Gift Money to Nvidia?
Industry Minister Francois-Philippe Champagne has announced that Canada has signed a letter of intent with Nvidia, the California-based artificial intelligence (AI) chip giant, in a bid to enhance the country’s computing power. The move comes as nations globally prioritize the development of AI infrastructure, with Nvidia’s recent valuation surpassing $1.5 trillion. The letter of intent, […]
Chinese Stocks Plunge, CSRC Promises to Restore Investor Confidence But Not Clear How
China’s securities regulator has committed to implementing actions aimed at stabilizing the market, following a period of significant volatility that saw Chinese stocks hit a five-year low. Without specifying particular interventions, the China Securities Regulatory Commission (CSRC) said in a statement on Sunday that it would “steady expectations and confidence, and adamantly ward off abnormal […]
Uranium: Athabasca Basin Continues To See Explorers Stake Claims
Land continues to trade hands and be staked in the prolific Athabasca basin region of Saskatchewan as junior miners scramble to grab hold of the premier uranium district in Canada. Several transactions in the region were announced this morning as interest in the popular metal continues to climb. Atomic Minerals (TSXV: ATOM) this morning indicated […]
Electra Battery Materials Reports 20% Increase In Lithium Carbonate Quality From Black Mass Recycling
Electra Battery Materials (TSXV: ELBM) is reporting success from a trial taking place for battery materials recycling at its Ontario recycling complex. The complex is currently focused on improving the process of recycling black mass, which refers to the material remaining from shredding lithium-ion batteries once casings are removed. The plant-scale trial is said to […]
Is the Canadian Government Blocking Zijin’s $130 Million Move on Solaris?
In a significant development for Solaris Resources Inc. (TSX: SLS), the Canadian government is reportedly scrutinizing a $130 million private placement by an affiliate of Zijin Mining Group. The investment is intended for the advancement of Solaris’ flagship Warintza Project in southeastern Ecuador. However, concerns have arisen over potential regulatory hurdles. Solaris recently announced a […]
Gatekeeper Systems: The Massive Q1 Revenue Jump
In our latest interview, Doug Dyment, CEO of Gatekeeper Systems Inc. (TSXV: GSI), sits down with Small Cap Steve to discuss the company’s recent quarter, which demonstrated 101% revenue growth compared to the previous year.
Lithium Chile: Unearthing Argentina’s ‘White Gold’ Rush
Could Lithium Chile be the next coveted prize in this Argentinian high-stakes game of lithium poker?