TSXV:CBIT

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Sphere 3D Shares Spike on Cathedra Bitcoin Agreement

Sphere 3D shares jumped 111.6% to close at $4.02 after completing its all-stock merger with Cathedra Bitcoin, adding 53 megawatts of data-center capacity. The stock traded at $4.95 after hours. Cathedra shares will be delisted from the TSX Venture Exchange and OTCQB after June 2. Sphere’s market value reached about $17.1 million, still far below larger rivals.

June 2, 2026

Forrestania Resources Exceeds 1 Moz Gold Resource Mark with MacPhersons Update
June 1, 2026, 8:10 PM EDT. Forrestania Resources (ASX: FRS) has surpassed 1 million ounces in its global JORC Mineral Resource following an update at the MacPhersons deposit, now totaling 1,007,800 oz gold (Au) across 25.7 million tonnes at 1.22 g/t. The MacPhersons resource includes measured, indicated, and inferred categories, enhancing the Coolgardie Gold Hub. Recent drilling programs at Lady Lila, Mt Palmer, and Johnson Range projects have yielded significant high-grade gold intercepts, further strengthening the portfolio. Strategic acquisitions, including Midas Minerals and other WA tenements, expand Forrestania's footprint within the Southern Cross Greenstone Belt. The company is also advancing its Lake Johnston processing facility conversion from nickel to gold production, aiming to establish a central processing hub for its growing gold resources.