This week on The Market Herald Canada our readers were focused on stories in technology, mining, finance, and renewable energy.

According to the Bank of Canada, the Canadian dollar continues to remain steady at US$0.80/C$1.00.

The S&P/TSX Composite Index was also up 242.18 points in the last five days, sitting at 20,477.15 points at 12:05 pm on Friday.

Overall, the Canadian economy continues to see a steady climb since last March’s crash.

Let’s take a look at what our investor audience was reading this week.

Digihost (TSXV:DGHI) provides Bitcoin mining operation results for July

On Tuesday, Digihost Technology Inc. announced that compared to June it produced 34 per cent Bitcoin in the month of July.

As of July 31, 2021, the company’s holdings represent a fair market value of approximately US$16.7 million.

Michel Amar, Digihost CEO, commented on the results.

“We are extremely pleased by the tremendous growth in our mining operations, illustrated by the substantial increase in Bitcoins mined on both a month-over-month and year-over-year perspective.”

Digihost Technology Inc. is a growth-oriented blockchain technology company primarily focused on Bitcoin mining.

Shares in Digihost Technology (DGHI) rose to a high of $2.09 per share on Wednesday before settling in at $2.01 per share at 12:54 pm ET on Friday, August 6.

Osisko Mining (TSX:OSK) intersects high-grade gold in drilling at Windfall

Also on Tuesday, Osisko Mining released more results from its ongoing drill program at the Windfall gold project.

One hole, reported the company, intersected high grades of gold of 13.2 g/t gold over 2.0 metres, exhibiting the potential of the property.

John Burzynski, Osisko CEO, commented on the results.

“Windfall once again delivers outstanding results across the deposit,” he remarked, adding, “six of our top results this week are greater than 200 g/t Au over 2.0 metres.”

Osisko is a mineral exploration company focused on the acquisition, exploration, and development of gold resource properties in Canada.

Shares in Osisko Mining (OSK) fell to $2.995 Friday morning before rising again to $3.05 per share at 1:14 pm ET on Friday.

Helios Fairfax (TSX:HFPC.U) appoints Masai Ujiri to its Board of Directors

In finance, Helios Fairfax announced the appointment of Masai Ujiri, president of the Toronto Raptors, to its board of directors.

In 2019, under his leadership, the Toronto Raptors became the first team outside of the U.S. to win an NBA Championship.

Ujiri has also served as a board member of Basketball Without Borders and has travelled to African Union meetings with Prime Minister Justin Trudeau as part of the Canadian delegation.

Helios Fairfax Partners is an investment holding company whose objective is to achieve long-term capital appreciation by investing in African businesses.

Shares in Helios Fairfax Partners (HFPC.U) rose to $4.60 on Wednesday before sinking to $4.36 per share on Thursday, where they remained steady at market open on Friday.

EV Battery Technologies (CSE:ACDC) launches two electric vehicles

On Thursday, TMH Canada readers showed interest in Extreme Vehicle Battery Technologies’ launch of two IoniX Pro electric vehicles in collaboration with Daymak International.

The IoniX Pro Trilogy Vision and Vision X will be powered by the Daymak powertrain and EV Battery Technologies’ patented battery technology.

The vehicles are expected to be the first EVs designed and built with blockchain-based smart grid integration in mind.

Bryson Goodwin, EV Battery Technologies CEO, commented on the announcement.

“The Trilogy Line has been designed by some of the best and brightest individuals in the automotive and electric vehicle industries, to bring both performance and luxury to a thrilling, fun and eco-efficient electric vehicle.”

Shares in Extreme Vehicle Battery Technologies (ACDC) spiked to $0.295 per share on Thursday at 10:20 am ET.

HPQ Silicon (TSXV:HPQ) and PyroGenesis (TSX:PYR) successfully produce first sample of nano silicon materials

Last in our Top 5 list for the week is HPQ Silicon and PyroGenesis, which announced the successful first batch of nano silicon materials.

The two companies have partnered to develop the PUREVAP Nano Silicon Reactor, a method of producing nano silicon materials that reduce cost, energy input, and carbon footprint.

Bernard Tourillon, President and CEO of HPQ Silicon, commented on the milestone.

“The HPQ NANO team is now more confident than ever that the PUREVAP™ NSiR will be able to deliver, at scale, and on-demand, a nano silicon for anode production that will be cost competitive,” he said.

“Words cannot adequately describe the excitement at PyroGenesis at potentially being able to address and solve challenges in developing lithium-ion batteries,” said PyroGenesis CEO and chair P. Peter Pascali.

Shares in HPQ Silicon (HPQ) were down 10.77 per cent on the day, trading at $0.58 per share as of 1:39 pm on Friday.

Shares in PyroGenesis (PYR) were down 3.70 per cent on Friday, trading at $4.69 per share as of 1:54 pm ET.

Tune in next Friday for our weekly Top 5 stories from The Market Herald Canada.

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