Priya Sandhu

Technology Editor · 8 years covering Canadian technology issuers

Priya covers software, semiconductors and the Canadian technology listings that sit between venture capital and public markets.

Beats: Technology, Companies

Author standards

Published work

OpinionMining and Resources

First Lithium Minerals Opens a Third Financing in Four Months at a Price Above Its Own Close

First Lithium Minerals Corp. (CSE: FLM, FSE: X28) began a new listed issuer financing exemption offering on September 16, 2026, its third since May. Fully subscribed it would raise about C$5.0 million and issue 44.6 million shares against 112.2 million already outstanding. The company's own July offering document put working capital at roughly C$100,000 and carried a going-concern note. The Frankfurt line exists and did no business on 17 September.

By Priya SandhuSep 18, 2026, 1:30 a.m.7 min readFLM.CN

OpinionMining and Resources

QIMC Takes 823 New Soil-Gas Stations Into Ontario, the Fifth Step in a Method Built in Public

Québec Innovative Materials Corp. (CSE: QIMC) launched an expanded 2026 natural hydrogen programme on the Ontario side of the Témiscamingue Graben on September 17, 2026: 823 new soil-gas stations at 100-metre spacing over about 80 line-kilometres, taking the Ontario database to roughly 1,733 stations, alongside more than 1,100 gravimetric stations and 78 line-kilometres of 2D seismic. The shares closed at C$0.59. The company's own disclosure says none of this measures flow.

By Priya SandhuSep 17, 2026, 5:01 p.m.6 min readQIMC.CN

OpinionMining and Resources

A Kilometre From Its Nearest Hole, FireFox Gold Drilled 21 Metres of 4.13 g/t in Lapland

FireFox Gold Corp. (TSXV: FFOX) reported on 16 September 2026 that hole 26MJ032 cut 21.0 metres averaging 4.13 g/t gold more than 650 metres from any previous drilling at Mustajarvi in Finnish Lapland. The shares closed at C$0.63, up 26.0 per cent on thirteen times average volume. Two earlier holes this month carried higher grades and moved nothing. What changed was the distance, and a paid listing that ran the same day.

By Priya SandhuSep 17, 2026, 1:30 a.m.8 min readFFOX.V

OpinionMining and Resources

Coyote Copper's Arizona Drill Permits Started a 30-Day Clock on 17.5 Million Warrants

Coyote Copper Mines Inc. (TSXV: CCMM) received Phase 1 drill permits for its wholly owned Copper Springs project in Arizona on 15 September 2026 and, in the same release, gave notice accelerating 17,501,296 warrants to a 15 October expiry. Exercise brings in C$3,143,386.58 and adds about 13 per cent to the share count. The shares closed down 33.33 per cent at C$0.44 on 281,072 shares, 1.57 times their 30-day average.

By Priya SandhuSep 16, 2026, 1:30 a.m.7 min readCCMM.V

OpinionTechnology

Volatus Aerospace's Defence Contract Commits Canada to 100 Drones, Not 5,000

Volatus Aerospace Inc. announced on September 10, 2026 a five-year Canadian defence contract for tactical ISR drones covering up to 5,000 systems. The committed portion is 100 systems. The remaining 4,900 are options exercisable at Canada's sole discretion, and the company states plainly that they are not purchases, backlog or revenue. At a stated maximum of C$5,000 per system, the entire ceiling is C$25 million over five years.

By Priya SandhuSep 14, 2026, 11:00 p.m.8 min readFLT.TO

OpinionMining and Resources

QIMC Buys the Picture: Seismic Contractors Engaged for 42 Kilometres at Bennett Hill

Quebec Innovative Materials Corp. (CSE: QIMC, FSE: 7FJ) engaged Echo Seismic and Strum Consulting on September 14, 2026 for 42 line-kilometres of 2D seismic across Bennett Hill and Apple River in Nova Scotia, the larger half of a 78-kilometre campaign and the biggest geophysical programme it has funded. It follows five drill holes that measured up to 30.0 per cent hydrogen at two centres about fifteen kilometres apart. The structural picture arrives this autumn; a flow test, the step that would settle deliverability, has still not been announced.

By Priya SandhuSep 14, 2026, 5:42 p.m.8 min readQIMC.CN

OpinionEconomy

Four Things a Canadian Miner Can Say About a Hole in the Ground, and What Each Is Worth

A Canadian explorer with no laboratory numbers rose 93.8 per cent on September 9, 2026. A company that published laboratory numbers fell 35 per cent the next day. Canadian mining disclosure runs on four separate stages of proof, and most of the confusion in a drill-results week comes from treating them as one.

By Priya SandhuSep 13, 2026, 10:00 a.m.8 min read

OpinionMining and Resources

Two Years In, F4 Uranium Has 17 Projects and a Partner-Paid Drill Program, and Wales Lake Still Owes a Grade

F4 Uranium was carved out of F3 Uranium by court-approved arrangement in August 2024. It now reports 17 Athabasca Basin projects, has had a 4,092 metre drill program at Murphy Lake paid for entirely by an option partner, and has raised C$1.0 million in flow-through money without a discounted common raise. The Wales Lake holes drilled to date have returned no better than 21 parts per million uranium, the 2025 core assays are unreported, and the September 2, 2026 survey mapped two conductor trends without dimensions. The company-building is real; the uranium is still to be shown.

By Priya SandhuSep 12, 2026, 12:44 a.m.11 min readFFU.V

OpinionMining and Resources

Hemlo Mining Drills 89.9 g/t Gold 50 Metres From a Working Stope, and Changes Its True-Width Estimate

Hemlo Mining Corp. (TSX: HMMC) reported 89.89 g/t gold over 3.0 metres of core length in hole 6702608 at South-Rim on September 10, 2026, from a zone 50 to 150 metres from active C-Zone mining. The release also revises the estimated true-thickness conversion to 65 to 90 per cent of downhole length, from 30 to 70 per cent in the May 14, 2026 release on the same zone, without stating why. South-Rim carries no resource, no reserve and no economics.

By Priya SandhuSep 11, 2026, 1:30 a.m.9 min readHMMC.TO

OpinionTechnology

Record LNG Volumes and a 30 Per Cent Drop in Total Contracts: Abaxx Fell 17.1 Per Cent on Its Own News

Abaxx Technologies closed at C$18.04 on September 9, 2026, down 17.1 per cent on roughly 1.2 times its thirty-day average volume, the day it published a release headed by record August LNG futures volumes. The body of that release put total August volume at 377,949 contracts against July's record 543,100. The August 17 quarterly filing shows why the distinction matters: transaction and clearing fees of C$4,496,409 in the second quarter against liquidity credits of C$4,494,753.

By Priya SandhuSep 10, 2026, 9:00 a.m.7 min readABXX.TO

OpinionMining and Resources

Talon Metals Sells Nickel Today From a Mine With Reserves to 2030, and Tamarack Is Still in Scoping

Talon Metals closed at C$8.37 on September 9, 2026, up 9.7 per cent on a day with no company news. Since January it has owned the Eagle mine in Michigan, the only active primary nickel mine in the United States, and it reported US$51.5 million of second-quarter revenue on August 13, 2026. The technical report released April 30, 2026 puts Eagle's proven and probable reserves at 3,486 kilotonnes and ends mining in the second half of 2030. Tamarack, the larger asset, is at environmental scoping.

By Priya SandhuSep 10, 2026, 1:30 a.m.7 min readTLO.TO

Economyproductivity

GDP Growth Is Not Productivity Growth

Real GDP by expenditure grew 0.8% in the second quarter of 2026. That says nothing about whether output per hour worked improved — and for long-horizon investors, the second question is the important one.

By Priya SandhuSep 4, 2026, 1:00 p.m.2 min read

Economytrade

CUSMA Has Become a Valuation Variable

A functioning free-trade agreement and significant sectoral tariffs can coexist. Two Canadian companies with identical U.S. revenue can carry entirely different trade risk.

By Priya SandhuSep 2, 2026, 9:00 a.m.2 min read

Technologyaerospace & defence

Volatus Aerospace Wins a Seat in Canada's Defence Drone Marketplace. The Harder Part Is Conversion

Volatus Aerospace (TSX: FLT) has been qualified as a supplier under the Department of National Defence's Defence Drone Initiative Marketplace, effective August 24, 2026 and running to July 31, 2031. The award carries no committed dollar value. Its worth depends entirely on whether pre-qualification converts into task authorizations before the company's C$59.2 million cash position is absorbed by an autonomy and manufacturing build-out that is still EBITDA-negative.

By Priya SandhuSep 1, 2026, 12:22 a.m.6 min readFLT.TO

Real Estate

The Mortgage Renewal Wall: Doing the Payment Shock Math

Canadian mortgages renew every few years, not every thirty. That structural difference concentrates rate risk into renewal windows, and the arithmetic is more specific than the headlines suggest.

By Priya SandhuAug 31, 2026, 9:00 a.m.4 min readRY TD BMO CM

Crypto

Spot Bitcoin ETFs on the TSX: Fees, Custody and Tracking Dissected

Canada listed the world's first spot bitcoin ETFs. Five years on, the products are mature and the differences between them are structural rather than cosmetic — custody, currency hedging and fee drag all compound.

By Priya SandhuAug 27, 2026, 1:00 p.m.4 min read

Canadian Marketsstock-picking

How to Compare Two Canadian Stocks Side by Side

A practical framework for comparing two Canadian stocks across growth, profitability, balance sheet and valuation.

By Priya SandhuAug 25, 2026, 10:00 a.m.2 min readSHOP.TO L.TO CSU.TO

Real Estate

Canadian REITs: AFFO Payout Ratios and the Refinancing Arithmetic

A REIT distribution is safe until the debt behind it reprices. Here is how to read the payout ratio, the maturity ladder and the interest coverage covenant together rather than separately.

By Priya SandhuAug 19, 2026, 1:00 p.m.4 min readREI.UN CAR.UN

Businessearnings

Reading a Canadian Company Earnings Report

A step-by-step guide to reading a Canadian quarterly earnings report without getting lost in accounting noise.

By Priya SandhuAug 18, 2026, 10:00 a.m.2 min readSHOP.TO BAM.TO WCN.TO

Mining and ResourcesRare earths

Neo Performance Materials: A Canadian Rare-Earth Magnet Play

Neo Performance Materials trades on the TSX as NEO. It operates through Magnequench magnetic powders and alloys, Chemicals & Oxides, and Rare Metals. Key assets include the Silmet rare-earth separation facility and a permanent-magnet manufacturing development in Estonia. Q1 2026 revenue was US$155 million and adjusted EBITDA was US$36.2 million. Cash was US$41.7 million and gross debt was US$154.3 million.

By Priya SandhuAug 18, 2026, 9:00 a.m.2 min readNEO

Technologysoftware

Canadian Technology Stocks for Long-Term Investors

A look at the Canadian technology sector, its flagship companies, and the metrics that matter for long-term investors.

By Priya SandhuAug 11, 2026, 9:55 p.m.2 min readSHOP.TO CSU.TO TOI.TO KXS.TO LSPD.TO

TechnologySoftware

Open Text and the Debt-Funded Acquisition Problem

Open Text has grown by acquiring mature enterprise software with debt, a model that works only if acquired revenue holds up and integration stays on schedule. This piece examines where that strategy strains, and why leverage and cloud migration now matter more than the operating story.

By Priya SandhuJul 6, 2026, 7:30 a.m.3 min readOTEX

CryptoProducts

Bitcoin ETFs on the TSX: What Canadian Investors Actually Own

Canada listed spot bitcoin ETFs years before the United States, but custody, fee structure and hedging vary widely across issuers. This piece walks through what actually differs beneath the ticker, and why registered-account eligibility is a real but non-trivial advantage.

By Priya SandhuJul 1, 2026, 9:30 a.m.3 min read