We will push forward to expand our aggregate operating hash rate as mining rigs become available now that we are well capitalized to do so.
Neptune is also pleased to announce that it has granted stock options to certain directors, officers and employees of the Company to purchase an aggregate of 4.2M common shares pursuant to the Company’s share compensation plan with an exercise price of $1.03 per common share.
Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company’s actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including but not limited to: the inherent risks involved in the cryptocurrency and general securities markets; the Company’s ability to successfully mine digital currency; revenue of the Company may not increase as currently anticipated, or at all; the Company may not be able to profitably liquidate its current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on the Company’s operations; the volatility of digital currency prices; uncertainties relating to the availability and costs of financing needed in the future; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, currency fluctuations; regulatory restrictions, liability, competition, loss of key employees and other related risks and uncertainties.
The inheritance tax bill – one of the largest-ever in South Korea and globally – has been closely watched due to its potential to dilute the family’s controlling stake in Samsung.
That demand has helped Sony continue its shift from consumer electronics to entertainment content and digital subscription services and game downloads, but as more people in key markets such as the United States get vaccinated against the coronavirus those gains could wane.
— Bank of Canada Governor Tiff Macklem said he remains committed to the central bank’s 2% inflation target, even as price pressures are expected to temporarily overshoot that goal.Macklem, in parliamentary testimony on Tuesday, cited the central bank’s long history of hitting that objective, and said he needs to worry about both upside and downside risks to its inflation outlook.The comments come after the Bank of Canada released new forecasts on April 21 that show the biggest persistent overshoot of its 2% target in at least two decades.“What can we do to assure Canadians that we will control inflation? We have a very clear mandate — we have a strong record now of 30 years of inflation targeting and we have consistently realized that objective,” Macklem told the House of Commons finance committee.At the same time, a full recovery will take time time to complete, and that will keep downward pressure on price gains, he said.Last week, Macklem justified his tolerance for above-target inflation by citing the central bank’s decision not to preemptively raise rates until the economy’s recovery from Covid-19 is complete.
“It is not my case that loss of personal data may not have serious consequences, but it may not always do so in a way that attracts compensation,” he said, adding that any uniform award would also fail to take into account differing phone usage.
Palladium prices hit a record on Tuesday, spurred by persistent supply worries, while gold held a narrow range as investors awaited policy signals from the U.S.
and Europe.“There are good opportunities for investment-grade issuers to bring new deals, but the bias remains toward high-yield credit,” said Jake Gearhart, head of emerging-market syndicate and Latin American debt capital markets at Deutsche Bank.In March, Ghana sold Africa’s first zero-coupon dollar bond as part of a $3 billion Eurobond deal, highlighting how credit markets have opened up to borrowers that would have historically not been able to issue debt that doesn’t repay anything until maturity.This month, an arm of Central American conglomerate Corporacion Multi Inversiones, owner of Pollo Campero restaurants, tapped the international debt market for the first time with the sale of $700 million of bonds.
Companies including Cimarex Energy Co and Concho Resources that locked in prices on some of their volumes when prices rebounded last year to around $40 per barrel missed some of the price jump, and Concho owner ConocoPhillips paid millions of dollars to unwind those contracts.
Dogecoin rose as high as 34 cents, and recently rose 21%, after Tesla Chief Executive Elon Musk gave another tweet endorsing the cryptocurrency.