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June Gold Drill Results – McEwen Mining Makes the Grade
In June, McEwen Mining led the way with 776 g/t Au over 2.4 metres, with other good results from Superior Gold, Osisko Mining, Great Bear Resources and Alkane Resources. [more]
In June, McEwen Mining led the way with 776 g/t Au over 2.4 metres, with other good results from Superior Gold, Osisko Mining, Great Bear Resources and Alkane Resources. [more]
Peak’s revenue in Q1/2020 was $3.9M, up over 300% year-over-year, even with the Covid-19 pandemic impacting operations in China. Peak’s revenue benefited late in Q1/2020 from the Company’s lending platforms being used to help distribute government relief funds to SME’s that were affected by the coronavirus. [more]
Cannabis stock prices continue to be under pressure as the overall market struggles to find footing amid the coronavirus crisis with numerous companies announcing impairments, write-downs, deal adjustments, and financings. However, some companies continue to execute partnerships and launch new retail stores. [more]
PopReach generates revenue through the acquisition of mobile game franchises and maximizes margins through user optimization and retention, coupled with expense reduction. Existing 12-title portfolio includes Smurfs Village, Bakery Blitz and War of Nations. [more]
Berkshire Hathaway Energy, a subsidiary of Berkshire Hathaway Inc., announced that it had acquired Dominion Energy’s natural gas transmission and storage assets in a deal valued at US$9.7B, deploying some of Berkshire’s US$137B cash reserves into a dividend-paying asset. [more]
Only 6 pure-play, non-penny cannabis stocks are higher year-to-date out of a total of 300 actively traded cannabis stocks listed on the various North American stock exchanges. The 6 stocks are up 7.4% YTD on average. [more]
Top deals closing this month included Osisko Mining receiving $177M and Lundin Gold closing C$57.5 million, both from bought-deal financings. Artemis Gold expects to raise $175 million from a bought-deal agreement with a syndicate of underwriters as well as a non-brokered offering. [more]
This week, Uber announced a US$2.65 billion acquisition of Postmates, an on-demand food and grocery delivery company with operations in 4,200 U.S. cities. A day later, Uber announced the launch of its on-demand grocery delivery service in partnership with Cornershop, a Chile-based online grocery delivery company that Uber has held a majority stake in since last year. [more]
Last week, Tesla, the global leader in the EV industry, surpassed Toyota as the world’s largest car manufacturer by market capitalization, reaching a value of over US$250 billion after reporting impressive deliveries for Q2/2020. In the past week, Tesla’s stock price continued to surge by over 20% to US$1,372 per share. [more]
Revenue increased to $8M with EBITDA of $1.2M. Organic Garage’s online sales almost doubled month-over-month in April to 6.6% of total sales. The Company’s 5th store, located in the Leaside neighborhood of Toronto, is set to open in Q2/2021. [more]
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