Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Archive

News snapshot: Chesapeake Financial, American Resources Corp, PyroGenesis, CULT Food Science, Tocvan Ventures, MySize UPDATE...

FYI Resources Ltd (ASX:FYI) and joint development partner Alcoa (NYSE:AA) of Australia have selected the location for a small-scale production facility and high-purity alumina (HPA) demonstration plant near Kwinana in Western Australia.

Project designs have been finalised and are being reviewed by the joint development partners (JDP) with the permitting and environmental approvals process kicking off on the identified site.

Read more

Matador Mining Ltd (ASX:MZZ, OTCQX:MZZMF) has confirmed the presence of basement gold during its inaugural diamond drill program over the Cape Ray Shear Zone’s (CRSZ) Malachite Target in Newfoundland, Canada.

The gold explorer conducted 1,740 metres of diamond drilling and discovered anomalous gold in four of 11 holes. The best intersections include:

Read more

Chesapeake Financial Shares Inc has reported its earnings for the calendar year 2022, revealing a record high and a sizeable jump compared to 2021.

The parent of Chesapeake Bank and Chesapeake Wealth Management posted earnings of over $17.6 million, a 17% increase from 2021. On a per diluted share basis, earnings were $3.73, up from $3.11 in 2021.

Read more

Pantheon Resources PLC (AIM:PANR, OTC:PTHRF) chief executive Jay Cheatham today said he doesn’t believe the Alkaid#2 result has been fully understood by the market, whilst providing a recap of key information from the well.

The explorer, in a statement ahead of a webinar presentation this afternoon, noted that production testing at the Alaska well is continuing and it sees more scope for improved performance.

Read more

Trust Stamp Inc, a global provider of AI-powered, privacy-first trust and identity services, has provided a very positive update regarding the rapid adoption of its low-code Orchestration Platform, which streamlines delivery and implementation of the company’s proven technologies.

The Atlanta-based company noted that since the platform’s launch in February last year, 24 new customers have contracted to use Trust Stamp’s services through the Orchestration Layer, including 22 new financial institutions with over $50 billion in assets.

Read more

American Resources Corporation (NASDAQ:AREC) has announced the filing of a Form 10 registration statement with the US Securities and Exchange Commission for the planned spin-off of its ReElement Technologies LLC division into a standalone public company.

The company noted that commercialization success has positioned ReElement to become a standalone public company leading the critical and rare earth minerals industry with purification and refining methods. Its patented chromatography technology is low-cost and environmentally safe enabling it to collaboratively provide scalable localized refining solutions for rare earth and critical battery minerals.

Read more

Cypress Development Corp (TSX-V:CYP, OTCQX:CYDVF) said its board of directors has approved a name change to Century Lithium Corp.

In a statement, the Vancouver-based advanced-stage lithium company noted that along with the name change, the company will also change its ticker symbol on the TSX Venture Exchange. The company didn’t disclose its new anticipated ticker symbol.

Read more

Bradda Head Lithium Limited (AIM:BHL, OTCQB:BHLIF, TSX-V:BHLI) has said its senior management will be opening trading for the Toronto Venture Exchange on 26 January, following the company’s listing there in November.

The additional listing is designed to bring the company's North American lithium project portfolio to the attention of a major market for resources companies where lithium exploration has recently attracted significant investor interest.

Read more

Anglo Asian Mining PLC (AIM:AAZ, OTC:AGXKF) has announced further drill results at the Gilar deposit in Azerbaijan which confirm an extension to the mineralisation reported by previous drilling, with intercepts of up to 68 metres of continuous gold and copper mineralisation.

Among the highlights was a 68.35 metre intercept grading 2.40 grams per tonne gold, 2.89% copper and 1.58% zinc from a depth of 320 metres.

Read more

Roquefort Therapeutics PLC (LSE:ROQ, OTCQB:ROQAF) has announced that its ROQ-A1 and ROQ-A2 Midkine (MDK) antibody programmes have successfully demonstrated safety in pre-clinical studies.

The two assets are being developed to target MDK over-expression in hard-to-treat cancers.

Read more

Gaming Realms PLC (AIM:GMR, OTCQX:PSDMF) said it will create a Tetris version of its Slingo mobile game, with a launch to online casino clients expected before the end of the calendar year.

The mobile gaming company, which provides digital content to the likes of SkyBet, DraftKings, Ladbrokes owner Entain, William Hill owner 888 and Rank, told investors it had signed a brand licensing agreement with The Tetris Company.

Read more

Latin Resources Ltd (ASX:LRS) has welcomed multiple thick high-grade intersections from the Colina and Colina West areas at its Salinas Lithium Project in Brazil following diamond drilling wrapped up in late 2022.

These latest assay results confirm the company’s aspirations for the Colina West prospect, which it believes represents an exceptional resource growth opportunity.

Read more

AuTECO Minerals Ltd (ASX:AUT) has intersected more high-grade gold while targeting the Tyson discovery at its Pickle Crow Gold Project in Ontario, Canada.

Step-out drilling along the Tyson veins continues to extend the gold footprint at Pickle Crow, with some of the best results including:

Read more

Aben Resources (TSX-V:ABN, OTCQB:ABNAF) said it has amended the option agreement dated November 9, 2021, with Eagle Plains whereby the company may acquire a 100% interest in the Slocan graphite property in Southern British Columbia. Under the new terms of the amendment, the company has been granted an extension on the due date of its first anniversary obligations, being the cash payment, share issuance and exploration expenditures The first anniversary obligations, which were all due by December 31, 2022, are now due as follows: $25,000 on or before March 31, 2023;150,000 common shares on or before March 31, 2023; $250,000 in exploration expenditures on or before June 30, 2023. In consideration of the amendment, the company shall issue the optionor an additional 350,000 common shares by March 31, 2023. All the other terms and conditions of the agreement remain unchanged.

Candelaria Mining Corp. (TSX-V:CAND, OTC:CDELF) said it has adopted a new 10% rolling stock option plan. The new plan received conditional TSX Venture Exchange (TSX-V) approval and shareholders approved the new plan at the company's annual general meeting held on January 20, 2023. The new plan, which replaced the company's 2012 stock option plan, was adopted in order to reflect amendments to the TSX-V's Policy 4.4. All outstanding options granted under the 2012 stock option plan have been rolled into the new plan. Also, the company's board of directors has made amendments to its fixed restricted share unit (RSU) plan to increase the number of common shares issuable pursuant to the amended and restated RSU plan to five million common shares and to conform with the requirements of the new TSX-V Policy 4.4. The amended and restated RSU plan received TSX-V conditional approval and shareholders approved the amended and restated RSU plan at the company's annual general meeting held on January 20, 2023.

Lucky Minerals (TSX-V:LKY, OTC:LKMNF) said it has now received conditional approval from the TSX Venture Exchange for the services agreement with Hubbard Perforaciones Ecuador Cia Ltda. As a result, the company will issue a total of 4,252,891 of its common shares in respect of consulting and drilling services received under the agreement. The common shares are issued at a deemed price per share of $0.05, for a total value of C$212,645. All shares issued under the agreement are subject to a hold period of four months plus a day from the date of issuance of the shares in accordance with applicable securities legislation and the policies of the TSX Venture Exchange.

ShiftCarbon Inc - formerly TraceSafe Inc. (CSE:TSF) - has announced that its trading symbol has been changed on the OTC Markets in the United States from UTOLF to SHIFF effective January 24, 2023. The company's common shares will continue to trade under the symbol SHFT on the Canadian Securities Exchange. The company also announced that it has granted 250,000 options with an exercise price of $0.10 to its independent directors; Jeremy Gardner, Murray Tevlin, Greg Kallinikos.

Aurelius Minerals Inc (TSX-V:AUL, OTCQB:AURQF) announced the resignation of Jeremy Niemi, its Vice President, Exploration effective immediately. Niemi is leaving the company to pursue other opportunities, according to a statement. The company said it wished Jeremy “every success in his future endeavours” and thanked him for his contribution to Aurelius over the past five years.

Helix BioPharma Corp. (TSX:HBP) has announced voting results from its annual and general meeting of shareholders held on January 24, 2023. At the meeting, each of the directors listed in the company’s management information circular dated December 14, 2022, was elected as a director of Helix for the ensuing year or until their successors are elected or appointed. Clearhouse LP was appointed as the company’s auditor until the next annual meeting of shareholders at remuneration to be fixed by the directors.

Regency Silver Corp. (TSX-V:RSMX, OTCQB:RSMXF) revealed that a video of the company’s 2023 drill and induced polarization (IP) program is available on the company's website at www.regency-silver.com under the heading "Executive Blog." It can also be viewed by clicking on the following link: https://regency-silver.com/news/executive-blog/blog-entry-example-two/ Regency Silver is a gold-copper-silver exploration company focused on the Americas. The company’s flagship project is its wholly owned Dios Padre gold-copper-silver project in Sonora, Mexico.

enCore Energy Corp. (TSX-V:EU, OTCQB:ENCUF) announced the filing of a preliminary short form prospectus in connection with an overnight marketed offering of units. The size and picing of the offering have yet to be determined, but it will be conducted through a syndicate of underwriters led by Canaccord Genuity. The proceeds will be used to maintain and advance material properties, acquire properties, plant upgrades, drill, conduct maintenance and refurbishment, as well as for community outreach and communications, licensing and permitting and general corporate and working capital purposes.

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK