American Resources Corporation (NASDAQ:AREC) told investors that it has received approval from the Mine Safety and Health Administration (MSHA) for an advanced roof control plan at both its Carnegie 1 and Carnegie 2 mines in Pike County, Kentucky.
The Fishers, Indiana-based company said the new roof control plan, which was issued due to the mine conditions and excellent work performed by its operating teams, will reduce operating costs by an estimated $2 per ton.
Algernon Pharmaceuticals Inc. (CSE:AGN, OTCQB:AGNPF) said the US Food and Drug Administration (FDA) has granted Orphan Drug Designation (ODD) to Ifenprodil as a treatment for idiopathic pulmonary fibrosis (IPF).
Ifenprodil is the sole active ingredient in NP-120, an NMDA receptor antagonist and the company’s lead clinical candidate being developed for the treatment of IPF and chronic cough. It represents a novel first-in-class treatment for both IPF and chronic cough.
Africa Oil Corp (TSX:AOI) has provided an update on its appeal process in relation to Kenya Revenue Authority's (KRA) corporate income tax (CIT) and value-added tax (VAT) assessments, made in connection with farm-out transactions completed during the period of 2012 to 2017.
On April 8, 2020, Africa Oil announced that Kenya Tax Appeals Tribunal (TAT) had ruled on the company's appeal related to KRA's CIT and VAT assessments, made in connection with farmout transactions completed during the period of 2012 to 2017.
Condor Gold PLC (AIM:CNR, TSX:COG, OTC:CNDGF) has said it is today posting its open offer circular to shareholders, following the initial announcement of a fundraising on 28 November.
An emergency general meeting will be held on 21 December to seek the necessary approvals.
Imugene Ltd (ASX:IMU, OTC:IUGNF) has seen the first patient dosed as part of its intravenous (IV) cohort 2 of a trial evaluating the safety of its novel cancer-killing virus CF33-hNIS (VAXINIA).
The multicentre phase 1 metastatic advanced solid tumours (MAST) trial kicked off by delivering a low dose of VAXINIA to patients with metastatic or advanced solid tumours who have had at least two prior lines of the standard-of-care treatment.
Royal Helium Ltd (TSX-V:RHC, OTCQB:RHCCF) said it has approved the grant of 6,090,000 incentive stock options under the company's stock option plan effective September 14, 2022. 4,590,000 of the options were granted to directors and executive officers, with the balance being granted to employee and consultants. The options are exercisable at $0.26 per share and, if not exercised, expire December 1, 2027, subject to earlier expiration in accordance with the stock option plan and the applicable policies of the TSX Venture Exchange.
Sigma Lithium Corp (TSX-V:SGML, OTCQB:SGMLF, NASDAQ:SGML) has announced that its senior finance team, led by Ana Cabral-Gardner, co-CEO and co-chairman will be participating in-person at the two leading industry conferences in New York City: The Deutsche Bank Battery Supply Chain Conference on December 7; and the Bank of America 2022 Lithium and Battery Storage Conference from December 8-9. Cabral-Gardner and her team will host one-on-one meetings at both conferences on December 7, 8 and 9. Cabral-Gardner commented: "I am thrilled to reconnect in person with leading investors at two conferences during holiday season in New York City. Our team plans to partake in the festive spirit to celebrate the imminent initiation of the commissioning of Sigma's Greentech Plant, as originally planned. We are also very enthusiastic to update the investor community on the significant advance of the construction towards production, as well as on the progress of the activities to unlock further growth and develop the Grota do Cirilo Project".
Usha Resources Ltd (TSX-V:USHA) has announced that it will be attending the 6ix Mining Investor Experience (6ix MIX), a free multi-day virtual conference from December 5–16, 2022, to share its story with investors. Investors can register now to attend this free, multi-day, virtual conference via the following link: https://my.6ix.com/l60z7y2B
OTC Markets Group Inc. (OTCQX:OTCM), the operator of regulated markets for trading 12,000 US and international securities, today announced Sustainable Green Team Ltd, a wholesale manufacturer and supplier of wood-based mulch, soil, and lumber products, has qualified to trade on the OTCQX Best Market and has today upgraded from the Pink market under the symbol SGTM. The OTCQX Market provides investors with a premium US public market to research and trade the shares of investor-focused companies. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among US investors. To qualify for OTCQX, companies must meet high financial standards, follow best-practice corporate governance, and demonstrate compliance with applicable securities laws.
BioVaxys Technology Corp. (CSE:BIOV, OTCQB:BVAXF) said its COO Kenneth Kovan will be presenting at the MedInvest Oncology Investor Conference held in New York City on December 14-15, 2022. The National Cancer Institute is this year's Conference Presenting Partner, with speakers such as Greg Simon, who recently was the President of the Biden Cancer "Moonshot" Initiative, leading immunologists and oncologists from Memorial Sloan Kettering and other institutions, and global pharma R&D. Details of the presentation are as follows: Wednesday, December 14, 2022 at 4:10PM ET at the Dorsey & Whitney LLP, 51 West 52nd Street, New York, NY. "BioVaxys is honored to be selected to speak at the MedInvest Oncology Investor Conference alongside a prestigious group of oncologists, investors, and life science companies. We look forward to sharing how we are leveraging our haptenized protein platform to create autologous cancer immunotherapies for ovarian cancer and other malignancies," said James Passin, CEO and Co-Founder of BioVaxys.
ACME Lithium Inc. (CSE:ACME, OTCQB:ACLHF) is presenting a live virtual corporate update hosted by Red Cloud Financial Services on December 8th, 2022 at 2:00 PM ET. Interested parties may register for the webinar and participate in the live Q&A session at the end of the presentation moderated by Red Cloud. For more information and to register: https://redcloudfs.com/rcwebinar-acme-2/.
Playgon Games (TSX-V:DEAL, OTCQB:PLGNF) announced that all six director nominees: James Penturn, Darcy Krogh, Guido Ganschow, Michele (Mike) Marrandino, William Scott and Robert J. Soper, were elected at its annual general and special meeting of shareholders. The company also announced that D&H Group LLP was reappointed as independent auditor of the company and the directors of the company were authorized to fix their remuneration. Playgon shareholders also re-approved the company's 10% "rolling" stock option plan pursuant to which the company may issue stock options to eligible participants.
New Pacific Metals (TSX:NUAG, NYSE:NEWP) approved all matters submitted at New Pacific's annual meeting of shareholders by the requisite majority of votes cast. The company welcomed Dr. Peter Megaw and Dickson Hall to the Board of Directors. Megaw has over 30 years of experience with a focus on silver and gold exploration. He is a director of Relevant Gold Corp., Minaurum Gold Inc and Jade Leader Group. Hall has over 40 years of experience in finance and corporate development, with a strong emphasis on the mining sector. He is a Partner at Valuestone Advisors Limited, sole advisor of Valuestone Global Resource Fund 1, a director of Bunker Hill Mining Corp and MEC Advisors Limited. Jack Austin and David Kong did not stand for re-election as directors. Shareholders also approved the re-appointment of Deloitte LLP as auditors of the company for the ensuing year.
Unigold Inc. (TSX-V:UGD, OTCQX:UGDIF) announced that the TSX Venture Exchange has approved the extension of the expiry dates of a total of 16,629,167 share purchase warrants by six months to June 23, 2023. The company said the warrants were issued pursuant to a private placement that closed on June 23, 2020. Each warrant entitles the holder to acquire one Unigold common share at a price of $0.30 per share and all other terms of the warrants, including exercise price, will remain the same. A total of 150,650 warrants are held by parties who are considered to be “related parties” of the company, Unigold noted.