Louis Allen
Louis Allen is a recent graduate from Murdoch University in Western Australia having studied a combined degree of journalism and communications. He has a keen interest in mining and technology, as well as other key areas of the market.
US President Biden creates history with federal marijuana research bill
United States President Joe Biden has officially signed a marijuana research bill into law, becoming the first piece of standalone federal cannabis reform legislation in the nation’s history. The White House confirmed on Friday that President Biden signed the Medical Marijuana and Cannabidiol Research Expansion Act. Congressman Blumenauer’s endorsement of the bill was joined by […]
US advisory firm files ETF to trade inverse to Jim Cramer’s investment advice
US-based advisory company Tuttle Capital Management plans to launch two exchange traded funds (ETFs) that trade on stock tips of the media personality Jim Cramer – with one that goes long and one that goes short. The advisory company filed the proposed ETFs with the US Securities and Exchanges Commission earlier this week. Tuttle Capital’s […]
Direct Communication Solutions receives IoT project of the year nomination for Smart ESG Program
Direct Communications Solutions (CSE: DCSI) (OTCQX: DCSX) (FSE: 7QU) has been nominated for the Gurtam 2022 IoT project of the year for its Smart ESG Program, which helps companies meet regulatory requirements and increases operational efficiency. DCS’ Smart ESG Program provides cloud-based solutions, which have helped clients meet California’s air quality and climate requirements set […]
Billionaire investor Ray Dalio warns stocks could drop another 20% with further interest rate rises
American billionaire investor and hedge fund manager Ray Dalio has predicted stocks could drop by around 20% as the US Federal Reserve raises interest rates aggressively in a bid to curb inflation. The founder of one of the world’s biggest hedge funds Bridgewater Associates Mr Dalio issued the warning recently in a social media post, […]
Direct Communication Solutions posts strong revenue growth, as senior US Exchange listing nears
California-based Direct Communication Solutions (OTCQX: DCSX) (CSE: DCSI) (FSE: 7QU) has posted strong growth in revenue for the second quarter of 2022 (Q2 2022) — bolstering the company’s status as a leading provider of information technology solutions within the Internet of Things (IoT) market. In 1H 2022, Direct Communication’s six-month revenue reached US$13.6 million (C$17.7 […]
Blackline Safety begins $2m connected safety program with UK Severn Trent Water
Blackline Safety (TSX: BLN) has announced the deployment phase had begun through a previously reported $2 million deal with UK’s second largest water company Severn Trent Water to supply its employees with connected personal gas detection devices. The devices will protect more than 10,000 Severn Trent workers across six of the 12 UK water and […]
Ballard Power Systems to fuel India’s first hydrogen trains
Ballard Power Systems (NASDAQ: BLDP) has announced it has received a fuel cell order from leading rail system integrator Medha Servo Drives, which will go towards developing India’s first hydrogen-powered trains. The two retrofitted diesel-electric commuter trains will use eight units of Ballard’s latest fuel cell technology, 100kW FCmoveTM-HD+. Ballard will assist Medha through the […]
Imperial Oil secures hydrogen from Air Products for renewable diesel refinery
Under a recently announced deal, Pennsylvania-based Air Products (NYSE: APD) will supply low-carbon hydrogen to Canada’s second-largest integrated oil company Imperial Oil’s (TSX: IMO) renewable diesel plant, near Edmonton in Alberta. The low-carbon hydrogen will be supplied from Air Products’ planned hydrogen Edmonton facility by pipeline to Imperial’s Strathcona refinery, where it will be used […]
Alfa Instruments chooses Bausch + Lomb as exclusive global distributor for its surgical intraocular dyes
Leading global eye health company Bausch + Lomb (NYSE: BLCO) has entered into an agreement with Alfa Instruments where the Canadian company will distribute and commercialise Alfa Instruments’ line of surgical intraocular dyes in all countries except Italy. The exclusive distribution agreement struck between the two parties will see Bausch + Lomb’s surgical portfolio bolstered […]
BetterLife Pharma’s LSD-derivative treatment promotes structural neural plasticity in pre-clinical research
Pre-clinical research of BetterLife Pharma’s (CSE: BETR) lead drug a non-hallucinogenic psychedelic analogue has shown it promotes structural neural plasticity in an animal model along with anti-depressant effects. The second-generation drug BETR-001 is a non-hallucinogenic derivative of lysergic acid diethylamide (LSD). During BetterLife’s pre-clinical trial, treating cortical rat neurons with BETR-001 increased the structural complexity […]
Draganfly to showcase three new cutting-edge drone products at upcoming Las Vegas expo
Draganfly (CSE: DPRO) has announced it will unveil three of its new cutting-edge drone technologies at the Commercial UAV Expo (CUAV), which takes place from 6 to 8 September at Caesars Forum in Las Vegas. As the leading international trade show and conference, the CUAV endorses the integration and operation of commercial unmanned aircraft systems. […]
Clearmind Medicine reveals further positive pre-clinical results for cocaine addiction treatment
Clearmind Medicine (CSE: CMND) has achieved further positive pre-clinical results in its novel psychedelic molecule MEAI treatment for cocaine addiction. MEAI is the company’s flagship therapeutic and has low toxicity, along with a strong safety profile and no side effects. Through a recent study, results suggested MEAI can play a role in abolishing cocaine-induced conditioned […]
Keyera and Canadian National Railway to evaluate clean energy terminal in Alberta’s Industrial Heartland
Keyera (TSX: KEY) and Canadian National Railway (CN) (TSX: CNR) have signed a memorandum of understanding (MoU) in an effort to assess the development of a specialised clean energy terminal in Alberta’s Industrial Heartland. The clean energy terminal will “aggregate conventional and clean energy from multiple sources” to facilitate transportation of Alberta’s energy products and […]
Calian to supply NASA with third high-performance antenna
Ontario-based Calian Group (TSX: CGY) will supply a third high-performance antenna to NASA’s Goddard Space Flight Center to support its space geodesy project. The 12-metre antenna will be set up for NASA’s Very Long Baseline Interferometry (VLBI) Global Observing System (VGOS). The antenna will support NASA’s Space Geodesy project, which is maintaining the global geodetic […]
Former Pilbara Minerals CEO Ken Brinsden joins Patriot Battery Metals
Patriot Battery Metals (TSX-V: PMET) has appointed former managing director and chief executive officer of Pilbara Minerals (ASX: PLS) Ken Brinsden as its latest non-executive chairperson and director. With about 30 years of experience in surface and underground mining, Mr Brinsden has worked for numerous major miners including WMC Resources, Normandy, Central Norseman Gold Corporation, […]
PharmaDrug completes key milestone to support cGMP production of lead candidate PD-001
PharmaDrug Inc (CSE: PHRX) has laid the groundwork to support multi-kilogram production of cepharanthine-2HCL for use in the final drug production of PD-001 to treat responsive cancers and COVID-19. PD-001 is the Toronto-based pharmaceutical company’s patented, oral, and bioavailable version of cepharanthine – a natural product and an approved drug used for more than 70 […]
First Hydrogen announces green hydrogen production plans for North America
First Hydrogen (TSX-V: FHYD) is setting its sights on green hydrogen production within the North American market – revealing expansion plans for Canada and the US. The company recently commenced the development of four key green hydrogen production sites in the UK, with North America its next target market. First Hydrogen Energy, the energy division […]
TraceSafe launches carbon management platform ShiftCarbon
TraceSafe (CSE: TSF) has announced the launch of its carbon management platform, ShiftCarbon, which aims to support organisations to fulfil carbon neutrality and netzero goals. ShiftCarbon is the company’s biggest launch since its release of AllSafe, an award-winning platform for enterprise safety. TraceSafe chief executive officer Wayne Lloyd said the platform enables organisations to more […]
TC Energy strikes deal with Mexico’s CFE to develop $4.5b gas pipeline
Leading North American energy company TC Energy (TSX: TRP) has announced it has struck a deal with Mexico’s state-owned electric utility Comisión Federal de Electricidad (CFE) to develop a US$4.5 billion (C$5.79 billion) natural gas pipeline. The offshore Southeast Gateway Pipeline will supply natural gas to Mexico’s central and southeast regions, and is expected to […]
Converge Technology Solutions acquires Technology Integration Group
Converge Technology Solutions (TSX: CTS) has closed the acquisition of PC Specialists Technology Integration Group (TIG), after initially signing the deal in May this year. San Diego-based TIG is a full-service IT provider and has 20 offices spread across North America, which provide optimised performance solutions and critical business support. The company’s services include software […]