Earlier this month, California-based Perfect Day, a food technology company focused on plant-based dairy products, announced an expansion to its Series C funding round through a US$160 million investment led by the Canada Pension Plan Investment Board, increasing total proceeds to US$300 million. [more]
What will it be the price of Silver be: $7/oz or +$700/oz? Lorimer Wilson of Munknee.com highlights from articles written over the past few months outlining the rationale for such divergent views. [more]
Spin out of Equinox Gold and part of the Augusta Group has $25 million in the bank. Solaris is advancing a portfolio of copper, gold, silver and molybdenum projects in Central and South America, with its primary focus on the Warintza copper-molybdenum-gold property in Ecuador. [more]
Last month, Canadian ETFs experienced C$4 billion in net inflows. The top two ETFs with the highest net inflows so far this year were Horizons S&P/TSX Capped Composite Index ETF and Horizons Canadian Select Universe Bond ETF, which together attracted C$2.5 billion in capital. [more]
Last week, Rivian, a private electric vehicle manufacturer backed by Amazon, announced a US$2.5 billion capital raise, aimed at ensuring the production launch in 2021 of its electric truck and SUV line, competing against Ford, General Motors, Nikola, Tesla, and Lordstown Motor. [more]
Quarterly revenue reached $86.6M, up 74% year-over-year. For the first time, the meal-kit provider & online grocer reported positive Net Income and positive EBITDA. Buoyed by the financial results, Goodfood announced a C$35 million bought deal financing at a price of C$6.05 per share. [more]
Drill program planned at the Sir Harry Oakes Project in the Matachewan Gold District of Ontario and expenditures at the joint-venture Bruell Gold Project, east of Val D’Or, Quebec, operated by Eldorado Gold [more]
Rocket Companies’ flagship business, Rocket Mortgage, an online mortgage origination platform and app, reported over US$1 trillion in home loans to date, growing in market share to 9.2% in Q1/2020 from 1.3% in 2009, at a CAGR of 19%. [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]
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