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Trulieve Cannabis Corp. has announced approval to list its subordinate voting shares on the New York Stock Exchange, wit...
06/05/2026

Trulieve Cannabis Corp. has announced approval to list its subordinate voting shares on the New York Stock Exchange, with trading expected to begin under the ticker TRLV on June 10, 2026.

The company says the move will make it the first U.S. cannabis operator to list on a major U.S. exchange. Until the NYSE listing takes effect, Trulieve expects its shares to continue trading on the Canadian Securities Exchange under TRUL and on the OTCQX under TCNNF until the close of market on June 9.

The listing follows a broader shift in the U.S. regulatory environment, including the reclassification of medical ma*****na to Schedule III and the creation of a DEA registration pathway for state-licensed medical ma*****na businesses. Trulieve also completed a restructuring that leaves its consolidated operations focused on state-licensed medical ma*****na activity.

Following that restructuring, the company reports 206 medical ma*****na dispensaries and 3.5 million square feet of DEA-registered production capacity.

Source: The Deep Dive

Seabridge Gold has completed the spin-out of its Courageous Lake gold project into Valor Gold, creating a new public com...
06/05/2026

Seabridge Gold has completed the spin-out of its Courageous Lake gold project into Valor Gold, creating a new public company focused on the Northwest Territories asset.

The arrangement took effect on June 3, with Valor Gold expected to begin trading on the Toronto Stock Exchange on June 5 under the ticker VGC. Seabridge’s new shares are also expected to begin trading the same day under SEA on the TSX and SA on the NYSE.

Courageous Lake is one of Canada’s larger undeveloped gold deposits, with reported measured and indicated resources of 11.0 million ounces, inferred resources of 3.3 million ounces, and proven and probable reserves of 2.8 million ounces included within M&I.

Valor begins operations with $10 million in cash, including proceeds from a financing with Seabridge and an advance under a gold stream. Mining executive Mark Ashley will lead Valor as CEO.

Source: The Deep Dive

Canada’s economy continues to face pressure from tariffs, weak recent GDP data, and uncertainty around whether the count...
06/05/2026

Canada’s economy continues to face pressure from tariffs, weak recent GDP data, and uncertainty around whether the country has entered or moved past a technical recession.

However, the OECD’s June 2026 Economic Outlook projects Canada’s real GDP growth at 1.2% in 2026 and 1.7% in 2027. That places Canada second among G7 economies for projected 2026 growth, behind the United States and ahead of the UK, Germany, France, Japan, and Italy.

The OECD attributes Canada’s recent slowdown largely to trade-related pressure from higher U.S. tariffs, while projecting a recovery supported by household consumption, public spending, and gradual improvement in business investment. The report also notes that Canada, as a net energy exporter, could benefit from higher energy prices linked to the Middle East conflict.

Statistics Canada’s advance estimate also pointed to a 0.4% GDP increase in April, which may soften the recent recession narrative if confirmed.

Source: The Deep Dive

Orla Mining received a ruling from Mexico’s federal labour authority in connection with the blockade at its Camino Rojo ...
06/05/2026

Orla Mining received a ruling from Mexico’s federal labour authority in connection with the blockade at its Camino Rojo gold and silver mine.

According to The Deep Dive, the authority determined that the blockade was illegal and advised that it be lifted. The action began on June 1, when unionized workers halted production in a work stoppage that Orla said did not follow required strike procedures under Mexican law.

The dispute centres on two worker payment issues: a productivity bonus that remains under negotiation and Mexico’s PTU profit-sharing entitlement. Orla has said it calculated and paid the maximum PTU amount required under Mexican law, while members of the workforce objected to the figure.

The company said it expected normal operations to resume by the evening of June 4. The update also comes after earlier labour-rights findings at Camino Rojo under the Canada-U.S.-Mexico Agreement’s Rapid Response Labour Mechanism.

Source: The Deep Dive

Blue Jay Gold has begun trading on the TSX Venture Exchange under the symbol JAY, launching with the Steller gold-silver...
06/05/2026

Blue Jay Gold has begun trading on the TSX Venture Exchange under the symbol JAY, launching with the Steller gold-silver project in southern Yukon.

Steller is a 170 km² epithermal gold-silver property located about 55 kilometres from Whitehorse. The project includes a past-producing mine that yielded roughly 80,000 ounces at 13 g/t, with existing infrastructure including a 270 tonne-per-day mill and a 50-person camp.

The project currently hosts an NI 43-101 resource of 400,000 indicated gold-equivalent ounces at 9.06 g/t and 450,000 inferred gold-equivalent ounces at 6.45 g/t.

Blue Jay’s first exploration program at Steller is fully funded and includes up to 16,000 metres of diamond drilling across resource expansion and discovery targets, including Skukum Creek, Mt. Skukum, Goddell, RACA, and other untested areas. The program is supported by a $14.7 million private placement that closed in April.

Source: The Deep Dive

FULL DISCLOSURE: Canacom Group is long the equity of Blue Jay Gold.

Silver47 Exploration is advancing its largest exploration season to date at the Red Mountain silver and critical mineral...
06/05/2026

Silver47 Exploration is advancing its largest exploration season to date at the Red Mountain silver and critical minerals project in Alaska.

The company outlined a fully funded summer drill program of at least 10,000 metres, supported by three rigs. Around 3,000 metres will focus on infill and step-out drilling at the Dry Creek deposit, which currently hosts an inferred resource of 11.6 million tonnes grading 279.4 g/t silver equivalent, or 104.0 million silver equivalent ounces.

The remaining 7,000 metres is planned for discovery drilling across priority targets along a 60-kilometre trend. Target areas include Hunter, WTF East, Glacier Creek, FOMO, and Sheep Creek. The FOMO zone was identified through 2025 prospecting, with reported grab samples including up to 1,793 g/t silver equivalent.

Mobilization is underway, with all three rigs expected to be active by the end of the month.

Source: The Deep Dive

FULL DISCLOSURE: Silver47 Exploration is a sponsor of theDeepDive.ca.

Selkirk Copper Mines reported final assays from its Phase 1 drill program at the Minto mine footprint in Yukon, with cop...
06/04/2026

Selkirk Copper Mines reported final assays from its Phase 1 drill program at the Minto mine footprint in Yukon, with copper-gold-silver mineralization returned across all five primary target areas.

The final batch covered 46 holes drilled between February and March 2026. Highlights included 1.56% copper, 2.26 g/t gold, and 7.63 g/t silver over 15.7 metres at Area 118, including 4.39% copper and 7.60 g/t gold over 4.1 metres.

The company also confirmed the 301 Lens beneath previously known near-surface resources at Area 118. Selkirk reported the lens currently covers a 500-metre by 300-metre footprint, with mineralized thicknesses ranging from 4 to 20 metres.

The results are being incorporated into an updated resource estimate and preliminary economic assessment expected mid-2026. Selkirk’s 50,000-metre Phase 2 program is already underway, with 14,000 metres completed by June 1.

Source: The Deep Dive

FULL DISCLOSURE: Selkirk Copper is a sponsor of theDeepDive.ca.

Shopify has expanded its share repurchase program, adding US$3 billion to its existing authorization and bringing the to...
06/04/2026

Shopify has expanded its share repurchase program, adding US$3 billion to its existing authorization and bringing the total buyback plan to US$5 billion.

The company said the authorization applies to Class A subordinate voting shares. As of June 1, 2026, Shopify had already repurchased approximately US$1.45 billion under the existing program.

The announcement comes during a period of share-price weakness. Shopify has traded significantly below its October high, despite reporting full year 2025 revenue of US$11.6 billion and first quarter 2026 revenue of US$3.17 billion, along with US$476 million in free cash flow.

Shopify said the buyback program has no set quarterly or annual minimums, and future repurchases will depend on market conditions, share price, legal requirements, and other factors.

Source: The Deep Dive

DPM Metals reported a new gold-copper porphyry discovery at its Brevene South Porphyry target, located near the company’...
06/04/2026

DPM Metals reported a new gold-copper porphyry discovery at its Brevene South Porphyry target, located near the company’s producing Chelopech mine in Bulgaria.

The headline result came from hole EX_BRESPO_03, which returned 713 metres grading 2.52 g/t gold equivalent, including 398 metres at 3.00 g/t gold equivalent. Additional results included 95 metres at 0.93 g/t AuEq in EX_BRES_555_02 and 37 metres at 1.19 g/t AuEq in EX_BRES_555_02A.

According to the company, EX_BRESPO_03 has advanced beyond 2,000 metres downhole and continues to intersect altered, mineralized rock. DPM also noted a phyllic alteration envelope measuring more than 1,000 by 1,500 metres, with the target remaining open in multiple directions.

The company has five high-capacity rigs focused on Brevene South and plans up to 15,000 metres of additional drilling through the end of 2026.

Source: The Deep Dive

Cambria Gold Mines has added two U.S.-focused team members as it advances planning around the Mt. Margaret copper-gold p...
06/04/2026

Cambria Gold Mines has added two U.S.-focused team members as it advances planning around the Mt. Margaret copper-gold project in Washington State.

The company appointed David Thomas as Vice-President Projects (USA), where he is expected to lead engineering, permitting, regulatory strategy, and broader project development work. If the proposed Mt. Margaret spinout proceeds, Thomas is expected to become Chief Project Officer of the new entity.

Cambria also named Orla Abrahams as Community Relations Coordinator (USA). Her role will focus on stakeholder engagement, workforce development, public communications, and relationship-building with local communities, Indigenous groups, educational institutions, regional partners, and government agencies.

The appointments follow Cambria’s April disclosure that it intends to spin Mt. Margaret into a separate U.S.-focused listed company.

The company has described Mt. Margaret as a significant undeveloped U.S. copper deposit, with a historic resource estimate of 577 million tonnes grading 0.36% copper, 0.24 g/t gold, 0.011% moly, and 1.58 g/t silver.

Source: The Deep Dive

FULL DISCLOSURE: Cambria Gold Mines is a sponsor of theDeepDive.ca.

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