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The Markets
by Proactive
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News snapshot: Cordoba Minerals, Sidus Space, AMPD Ventures, Hillcrest Energy, Appia, Voyageur Pharmaceuticals UPDATE...

Recce Pharmaceuticals Ltd (ASX:RCE, OTC:RECEF) has received approval from the human research ethics committee (HREC) to kick off its Phase I/II clinical trial assessing RECCE® 327 as a spray-on, broad-spectrum antibiotic therapy for mild skin and soft tissue diabetic foot infections (DFI).

The Phase I/II clinical trial is a single-centre, prospective, interventional study assessing the safety and efficacy of R327 as a broad-spectrum, topical anti-infective treatment for patients with mild skin and soft tissue DFI.

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Imugene Ltd (ASX:IMU, OTC:IUGNF) has presented new and first data from the Phase 1 CHECKVacc trial at the 2022 San Antonio Breast Cancer Symposium in San Antonio, Texas.

The presentation, titled “Phase 1 study of intratumoral administration of CF33-hNIS-antiPD-L1 (CHECKvacc) in patients with metastatic triple negative breast cancer”, was presented by Dr Yuan Yuan M.D., PhD, Cedars Sinai Medicine, Los Angeles and Dr Jamie Rand M.D., City of Hope, Los Angeles.

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Hillcrest Energy Technologies Ltd (CSE:HEAT, OTCQB:HLRTF) has said it is accelerating its development activities around grid-tied power conversion technologies following the completion of a zero voltage switching (ZVS) inverter commercial prototype.

The company is developing the firmware and hardware necessary to deploy its ZVS inverter technology into grid-tied applications, such as renewable energy generation, storage, vehicle-to-everything (V2X) and electric vehicle charging infrastructure.

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Greatland Gold PLC (AIM:GGP, OTC:GRLGF) said drilling at the Havieron gold-copper project in Western Australia has continued to confirm and expand the high-grade extensions to known mineralisation in the Eastern Breccia and the Northern Breccia zones.

Work on the exploration decline reached 1,000 metres in November as an improvement in ground conditions helped moved the work back on schedule.

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Pantheon Resources PLC's (AIM:PANR, OTC:PTHRF) Alaskan acreage could be host to as much as 17.8bn barrels of crude oil, that’s according to the latest reservoir modelling work from Schlumberger.

The company, in a statement, told investors that Schlumberger has now completed its Phase One reservoir modelling project which is described as “extremely detailed and comprehensive” – comprising six months (over 1,000 hours) of work by the industry-leading consultant.

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Anglo Asian Mining PLC (AIM:AAZ, OTC:AGXKF) said drilling results at the Gilar deposit in Azerbaijan confirmed more than 60 metres of thick and continuous gold and copper mineralisation.

Drilling has demarcated six zones of mineralisation with the latest drilling defining a deeper zone of continuous mineralisation hosting significant gold, copper and zinc values, said the AIM-listed miner.

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Latin Resources Ltd (ASX:LRS) has welcomed its first mineral resource estimate (MRE) for Colina lithium deposit at the 100%-owned high-grade Colina Project in Brazil, and an exploration target with upside potential of 22 million tonnes.

The MRE reveals that the resource for the Colina deposit is 13.3 million tonnes at 1.2% lithium dioxide, reported above a cut-off of 0.5% lithium dioxide with 2.08 million tonnes in the indicated category and 11.17 million tonnes inferred.

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Ioneer Ltd (ASX:INR, OTC:GSCCF) is hopeful of securing a lifetime supply of the sulphur needed for its Rhyolite Ridge Lithium-Boron Project in Esmeralda County, Nevada, through a Memorandum of Understanding (MoU) signed with Shell Canada Energy.

Under the MoU, the emerging lithium-boron supplier will purchase up to 500,000 tonnes of high-quality sulphur annually from Shell, which would fulfil the estimated annual sulphur requirement.

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Hapbee Technologies Inc (TSX-V:HAPB, OTCQB:HAPBF) has announced that all six director nominees proposed in its management information circular dated October 28, 2022, being Chris Rivera, Yona Shtern, Robert Dzisiak, Charles McNerney, Michael Matysik and Mark Timm, were elected at the company's annual general and special meeting of shareholders held on Wednesday, December 7, 2022, to serve until the next annual meeting of shareholders of the company, or until their successors are duly elected or appointed, unless such office is earlier vacated in accordance with the company's articles. The company also announced that Manning Elliott LLP was reappointed as independent auditor of the company and the directors of the company were authorized to fix their remuneration. At the meeting, a majority of disinterested Hapbee shareholders also reapproved the company's 10% rolling stock option plan, pursuant to which the company may issue stock options to eligible participants. At the meeting, a majority of disinterested Hapbee shareholders also approved amendments to the existing limits of subordinate voting shares reserved for issuance under the company's restricted stock unit plan, as further detailed in the information circular.

MySize Inc (NASDAQ:MYSZ) announced that its board of directors has approved a one-for-twenty-five reverse stock split of its common stock that is scheduled to become effective after trading closes on December 8, 2022. Beginning on December 9, 2022, the company's common stock will trade on the Nasdaq Capital Market on a split-adjusted basis under a new CUSIP number 62844N 307. The company's common stock will continue to trade on the Nasdaq Capital Market under the symbol MYSZ.

Mountain Valley MD Holdings Inc (CSE:MVMD, OTCQB:MVMDF) has announced that it will redeem all issued and outstanding Class “B” Non-Voting Shares of Mountain Valley MD Holdings Inc. (formerly Meadow Bay Gold Corp.). The Class B Shares are not listed for trading and are unrelated to the company’s common shares, which trade on the Canadian Securities Exchange under the symbol MVMD. The company said it has recently disposed of the Class B Investments by way of private agreement as well as in the public market, receiving proceeds of approximately $1,798,000. It has initiated the process of distributing the proceeds to the holders of Class B Shares (which are limited to those shareholders of the Company - when it was Meadow Bay Gold Corp - prior to the RTO.

ENDEXX Corp. (OTC:EDXC) has announced that it will be presenting virtually at the upcoming Sequire Virtual Small Cap Conference on Thursday, December 8. 2022. Todd Davis, CEO of Endexx, will be giving the presentation on Track 1 at 1.00pm EST/10.00am PST. Davis commented: “Endexx is accelerating into its revenue growth phase, expanding to over 8000 mass retailers in 2022 and rapidly expanding internationally with its new acquisition of HYLA. HYLA in its first two months in Endexx has generated new orders exceeding 6 million in sales with prospects of adding significantly more revenues in 2023.” Davis concluded, “The dynamics of the Company have dramatically changed, and we are excited to share the investment prospects with the community.” Interested parties can register to watch the presentation via the following link: https://sequiresmallcap.sequireevents.com/

OTC Markets Group Inc. (OTCQX:OTCM), the operator of regulated markets for trading 12,000 US and international securities, has announced that Bankflorida Bancorp Inc, the holding company for BankFlorida, has qualified to trade on the OTCQX Best Market from today under the symbol BKFL. Bankflorida Bancor was previously privately-held.

OTC Markets Group Inc, also announced that Patriot Battery Metals Inc, a mineral exploration company focused on advancing its district-scale lithium discovery at the company’s 100% owned Corvette Property in the James Bay region of Northern Quebec, has qualified to trade on the OTCQX Best Market and has today upgraded from the OTCQB Venture Market under the symbol PMETF.

Nextech AR Solutions Corp. (CSE:NTAR, OTCQB:NEXCF) has announced that the company will present today, December 8, 2022, at the 16th annual Singular Research Best of the Uncovered Investor Conference. Individual and institutional investors, as well as advisors and analysts, can attend Evan Gappelberg’s real-time, interactive presentation, showcasing Nextech’s 3D modeling and wayfinding technologies being held at 6.15pm Eastern Time / 3.15pm Pacific Time (US & Canada), with registration via the following link: https://register.gotowebinar.com/register/9027149221349886812. This will be a live, interactive online event where investors are invited to ask the company questions in real-time.

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