Critical Resources Ltd (ASX:CRR) has extended the strike of known lithium mineralisation some 550 metres based on 30 new drill hole assays generated at the Mavis Lake Lithium Project in Ontario, Canada, bringing total strike length to 1.3 kilometres.
The latest set of assays continue to demonstrate consistently high grades of lithium at Mavis Lake, with several intersections grading in excess of 1.2% lithium and up to 4.2%.
ACME Lithium Inc. (CSE:ACME, OTCQB:ACLHF), the explorer, told investors it has entered Saskatchewan, striking deals with Gem Oil Inc to acquire the 41,694 hectare (Ha) Bailey Lake Pegmatite Discovery Area in the province.
The large claim area contains multiple indications of spodumene-bearing pegmatites with potentially economic-grade lithium.
Graphene Manufacturing Group Ltd (TSX-V:GMG, OTC:GMGMF) (GMG) has provided an update on the ongoing investment in its Battery Development Centre (BDC), saying its board of directors has approved an additional A$600,000 in capital expenditure to accelerate the progress of semi-automatic pouch cell prototype production for customer trials and Graphene Aluminium Ion (G+AI) Battery cell development.
The clean technology company noted that it has also successfully increased its organisational capacity by attracting new staff experienced in pouch cell manufacturing, thereby enabling the acceleration of its battery performance optimisation programme.
ARway (CSE:ARWY) said it has successfully spatially mapped a 400,000-square-foot shopping mall for a pilot project that is underway, showcasing the company's breakthrough augmented reality (AR) indoor wayfinding solution.
If the pilot is successful it’s anticipated that the ARway solution will be rolled out to over a dozen additional malls controlled by this same company.
Toubani Resources Inc. (TSX-V:TRE, ASX:TRE) said it has commenced a 10,750-meter drill program at its flagship Kobada Gold Project in southern Mali, the first since its dual listing on the Australian Securities Exchange (ASX) last month.
The company said the 2022/2023 drilling campaign will target highly prospective strike extension from the existing resource base, focusing on previously identified target areas based on soil geochemical sampling, artisanal mining, geophysics trends and historical drill holes, in the larger Kobada mining permit area.
Swiss investor Denis Arsenault has announced that on December 7, 2022, he acquired 3,452,595 warrants of Jushi Holdings Inc (CSE:JUSH, OTCQX:JUSHF) under a private offering consisting of the issuance of 12% second lien notes and warrants. Each warrant entitles the Aaquiror to acquire one subordinate voting share of the Issuer at a price of US$2.086 until December 7, 2026. Following the completion of the acquisition of the warrants, Arsenault holds 7,677,899 Jushi subordinate voting shares and 16,702,595 warrants, which represent in the aggregate, on an as-converted basis, approximately 11.43% of the subordinate voting shares of the company that are issued and outstanding following the completion of the offering.
ReVolve Renewable Power Corp (TSX-V:REVV) has said its shareholders agreed to the board of directors' recommendations for all proposed resolutions at the company's Annual and General Meeting (AGM) held on Friday, December 9, 2022. It said 52.24% of the shareholders exercised their shareholder rights via an independent proxy delivered to Computershare Investor Services Inc.
Zinc8 Energy Solutions (CSE:ZAIR) has announced that all matters put forward at the company's annual general and special meeting (AGSM) of shareholders held on Friday, December 8, 2021, were duly approved. A total of 31,240,711 votes were cast, representing 19.22% of the issued and outstanding shares of the company, were voted in connection with the AGSM by shareholders and proxy holders. All the resolutions, as described in the Company's proxy statement dated November 22, 2021, were approved by the requisite majority of votes cast at the AGSM.
Rio2 Limited (TSX-V:RIO, OTCQX:RIOFF) said its forthcoming Annual General and Special Meeting of shareholders will be held virtually on December 14, 2022, at 2 p.m. EST. Registered shareholders and duly appointed proxyholders can participate in the meeting in real-time online at https://meetnow.global/MKKFVPU by clicking “Shareholder” and entering the 15-digit Control Number located on the form of proxy. The firm also announced the publication of its 2021 Inaugural ESG Report. This report represents a comprehensive review of the Company’s Environmental, Social, and Governance factors related to Rio2’s development activities at its Fenix Gold Project in Chile for 2021.
Los Andes Copper Ltd (TSX-V:LA) said it was notified of a lawsuit filed by 24 individuals in the Environmental Court. The lawsuit relates, among other allegations, mainly to alleged environmental damage resulting from 82 exploration drillholes carried out between 2007 and 2017. In a statement, the company said it views this as a speculative and unfounded claim and reiterated their full commitment to all environmental and social obligations.
HempFusion (TSX:CBD.U, OTCQX:CBDHF) said it is continuing to advance efforts to file its annual audited financial statements for the year ended Dec. 31, 2021, related annual information form, interim financial reports for the subsequent interim periods and the related management's discussion and analysis and CEO and CFO certificates as soon as possible. As anticipated by the company partly in connection with the Required Filings, the Toronto Stock Exchange has informed that it is reviewing the company regarding its ability to meet continued listing requirements, particularly with respect to, among other things, its disclosure issues, financial condition and the pricing and trading activity of its securities. The company has been granted until March 21, 2023 to regain compliance with the TSX's continued listing requirements.
Silver Bullet Mines Corp. (TSX-V:SBMI, OTC:SBMCF) has invited readers to view a summary overview provided by the company's CEO of activities during the past several months. Readers are directed to the company's website at www.silverbulletmines.com to view the document.
Numinus Wellness Inc. (TSX:NUMI, OTC:LKYSF) announced that CEO Payton Nyquvest will present at the KCSA Mental Health Investor Conference held on VirtualInvestorConferences.com on Thursday. Nyquvest’s live session is scheduled for 12:30 pm ET, and investors are invotde to ask questions in real time. Management will also be available for one-on-one meetings.