Category: Financial

nesto raises $80 million Series C financing round to accelerate Canadian expansion

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nesto raises $80 million Series C financing round to accelerate Canadian expansion
MONTREAL – nesto, Canada’s online mortgage lender, announced today the closing of an oversubscribed $80 million Series C financing. The financing round was led by IGM Financial, Inc, with support from existing and new investors; Diagram Ventures, Portage, NAventures, National Bank of Canada’s corporate venture capital arm, BMO Capital Partners, as well as Michael Rowell and Michael Paulus. The Series... Read More

White Gold unveils $4.41 million financing deal

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White Gold unveils $4.41 million financing deal
VANCOUVER – White Gold Corp. (WGO-TSXV) has arranged a $4.41 million private placement with proceeds earmarked for Canadian exploration expenses at the company’s properties in the White Gold district of the Yukon Territory. The non-brokered private placement will consist of flow-through shares priced at 41 cents per share, and common shares priced at 38 cents each. News of the financing... Read More

Binance YTD trading volume double that of OKX, Coinbase and FTX combined

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Binance YTD trading volume double that of OKX, Coinbase and FTX combined
No single name in the crypto exchange market comes close to Binance. Since the beginning of 2022, the world’s largest crypto exchange has recorded a trading volume almost six times higher than the second-ranked OKX and even 14 times more than some other leading crypto exchanges. According to data presented by Crypto Presales, Binance’s year-to-date trading volume hit over $4.6trn, double that... Read More

Pacific Ridge declares $5 million bought deal

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Pacific Ridge declares $5 million bought deal
  VANCOUVER – Pacific Ridge Exploration Ltd. has announced details of a $5 million bought deal financing, with proceeds earmarked for exploration at the company’s flagship Kliyul copper-gold project, which is located in the Quesnel trough in northwest British Columbia. Part of the proceeds will also be used to fund exploration at the company’s other B.C. projects. The... Read More

Cannabis industry leaders call for immediate government intervention over extreme taxation

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Cannabis industry leaders call for immediate government intervention over extreme taxation
VANCOUVER – Today StandforCraft.com, in association with the Cannabis Council of Canada and the Canadian Chamber of Commerce, published their latest in a series of working papers demonstrating the need for immediate intervention in excise tax policy for Canadian cannabis. Even the most commercially successful and efficiently run farms cannot continue to operate in an environment which often federally taxes them in excess... Read More

Nevada Copper moving to close US$123 million financing

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Nevada Copper moving to close US$123 million financing
  VANCOUVER – Nevada Copper Corp. on Wednesday released a proposed financing package that is expected to provide US$123 million in liquidity to support the restart and ramp-up of the company’s Pumpkin Hollow copper mine, which is located in Yerington, Nevada. The company said its key financing partners intend to enter into definitive documents in respect of and close... Read More