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News snapshot: Cardiol Therapeutics, Graphene Manufacturing Group, Lucky Minerals, Jushi Holdings, ARWay, TRX Gold UPDATE...

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.

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Coinsilium Group Ltd (AQSE:COIN, OTCQB:CINGF) has said it believes that that the FTX fiasco could prove to be an inflection point for the blockchain and cryptocurrency industry.

The company, in a statement alongside its AGM results, noted that neither it nor any of its investees or advisory clients had any direct exposure to the FTX collapse, but, chairman Malcolm Palle provided comment to investors in the wake of the crisis.

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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.

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Gaming Realms PLC (AIM:GMR, OTCQX:PSDMF) said that it has repaid in full a loan to JPJ Group Holdings Limited.

The creator and licenser of mobile games said it paid £3.4mln in cash to the subsidiary of Bally’s corporation, a US entertainment company.

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Chariot Ltd (AIM:CHAR, OTC:OIGLF) said it has moved closer to a key milestone in the development of the Anchois project, offshore Morocco, with an agreement with the country's government covering long-term gas sales.

In a statement, Chariot reported that the agreement will cover 60mln cubic feet per day of gas on a ‘take-or-pay’ basis over a ten-year term, with the gas being delivered via the Maghreb-Europe gas pipeline and supply power generation.

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ANGLE PLC (AIM:AGL, OTCQX:ANPCY) has announced the presentation of two posters at the San Antonio Breast Cancer Symposium (SABCS), in San Antonio, Texas, United States, between 6-10 December 2022 which demonstrated the successful isolation and subsequent analysis of circulating tumour cells (CTCs) from Metastatic Breast Cancer (MBC) patient blood samples using its Parsortix PC1 Clinical System.

The world-leading liquid biopsy company said the first poster, presented by ANGLE, outlines the utility of the Parsortix PC1 Clinical System in capturing and harvesting CTCs from a significantly larger proportion of MBC patients, compared to healthy donor samples. The ANG-008 study evaluated 75 MBC patient blood samples and 71 healthy volunteer blood samples.

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Lake Resources NL (ASX:LKE, OTCQB:LLKKF) is making good on its commitment to strengthen and broaden the experience of its board as it progresses to a new development stage with the appointment of Ana Gomez Chapman as a director, effective January 1, 2023.

Chapman is an internationally experienced executive and board director with business experience in the US, Argentina, and Australia, and a capital markets expert who has held senior roles at institutional investment firms over 25 years, most recently at Hamilton Lane, where she is currently managing director.

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FYI Resources Ltd (ASX:FYI) has joined the United Nations Global Compact after its application to join the United Nations Global Compact in Australia (UNGC) was accepted.

This move highlights FYI’s commitment to implement universal sustainability principles and UN goals via its critical minerals project development.

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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.

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