Global measured and indicated mineral resources of 20.5 million ounces (inclusive of mineral reserves)

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AGORACOM Welcomes TransCanna (TCAN:CSE) Developing The Largest Multi-Purpose Cannabis Facility in California

  • $2M CAD Revenue April 2020
  • $24.6M CAD Revenue Run Rate solely from TransCanna test facility
  • $90M Annual Revenue expected from first full year upon completion of 196,000 Sq Ft Daly facility Q3 2021
  • Daly facility will be one of the largest cannabis facilities in California
  • Recently acquired two California companies,
    • High-end award winning edible producer Soldaze
    • Premium indoor cultivator and distributer Lyfted Farms
  • Lyfted Farms products sold in select Cookies Locations - The most recognizable name in high-end Cannabis.
  • 2019 California Cannabis sales over $3B, industry currently fragmented
  • Direct to dispensary model, cutting out the middleman

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Message: Detour Gold, Touted As A Takeover Target, Edges Up As It Appoints A New CEO Following Shareholder Revolt

Detour Gold, Touted As A Takeover Target, Edges Up As It Appoints A New CEO Following Shareholder Revolt

posted on Jan 03, 2019 10:04AM
 
2019-01-03 09:59:28 AM ET (MT Newswires)
   
   

09:59 AM EST, 01/03/2019 (MT Newswires) -- Detour Gold was up 1% on Thursday appointed board member Bill Ferguson as its interim chief executive as it reorganizes its operations following the ouster of the company's board and management last month.

The company, which is being touted as a potential takeover target by the newly merged Barrick Gold (ABX.TO) and others, said its search for a permanent chief executive continues but it is confident Ferguson will be good hands until a new CEO is found.

"The Board is confident that Mr Williams will provide proven experience, expert skills and competent guidance for the company during the transition period between now and the appointment of a new CEO," Detour said in a release.

Shares in the company, up 7.6% since shareholders tossed out management in mid-December, were last seen up $0.11 to $11.86 on the Toronto Stock Exchange, at the low end of its intraday range of $11.82 to $12.15.

Price: 11.70, Change: +0.19, Percent Change: +1.65

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