Aleafia Health, a vertically integrated and federally licensed Canadian cannabis company, announced that it has closed its previously announced bought deal offering for a total issuance of 27,390,000 units of the company at a price per Unit of $0.83 for gross proceeds of $22.7 million. The offering was led by Cantor Fitzgerald Canada Corporation, as… Continue reading Cannabis firm Aleafia Health Announces Closing of $22.7m Bought Deal
Cache Exploration Acquiring Gold Mine in Russia
Cache Exploration Inc, a gold-focused firm that holds and operates the Kiyuk Lake Property, has announced the execution of a Letter of Intent (LoI) with the Artemovsky Rudnik Joint Stock Company to acquire ownership of the previously mined Lysogorskoye Gold Deposit in southern Krasnoyarks region, Russia. Cache said it is preparing to conduct the necessary… Continue reading Cache Exploration Acquiring Gold Mine in Russia
HPS Investing C$219m in Canaccord Genuity’s UK Arm
Global investment firm HPS Investment Partners is investing about C$219 million in the UK wealth management division of TSX-listed financial services firm Canaccord Genuity Group. In a statement, Canaccord (TSX:CF) said HPS will acquire convertible preferred shares to be issued by Canaccord Genuity Wealth Group Holdings (CGWM UK), the parent company of Canaccord’s wealth management… Continue reading HPS Investing C$219m in Canaccord Genuity’s UK Arm
Cannabis Firm 1933 Industries Announces Sales Milestone for January
1933 Industries (CSE:TGIF), a vertically integrated cannabis consumer packaged goods company, announced that its total sales and orders reached CAD$1.4 million in January 2021. The company said its cultivation subsidiary, Alternative Medicine Association (AMA), also recorded its strongest monthly sales to date since launching its AMA branded cannabis flower and pre-rolls in late August 2020.… Continue reading Cannabis Firm 1933 Industries Announces Sales Milestone for January
Aberdeen International To Acquire 41.67% Stake in AES-100
Aberdeen International Inc (TSX: AAB) announced that it has entered into a definitive agreement to acquire 41.67 per cent of AES-100 Inc. AES-100 Inc. has acquired exclusive rights and all intellectual property pertaining to T2M Global’s Advanced Electrolyzer System for the production of hydrogen from dilute syngas. T2M Global is the world’s leader in clean… Continue reading Aberdeen International To Acquire 41.67% Stake in AES-100