Cypress Development Corp (TSX-V:CYP, OTCQX:CYDVF), which will soon become Century Lithium Corp, is a stock to watch, according to analysts at Noble Capital Markets.
The firm issued an Outperform rating for the stock and a price target of C$3.95 (US$2.95) in a note published Wednesday, highlighting, among other things, the new name. The company traded at C$1.04 Wednesday morning.
Northstar Gold Corp. (CSE:NSG) has announced results of a surface exploration program and high resolution airborne magnetic survey over its 100%-owned, 615 hectare Milestone property in northern Ontario, noting that significant copper-nickel-cobalt and anomalous precious metal assays have been returned from numerous surface samples containing massive to semi-massive sulphides recently collected over a 1,000 metre (m) distance along a metagabbro sill contact.
The exploration properties developer said historic surface assay results were verified in both the Diadem and O'Connor zones and a new copper-nickel-cobalt massive sulphide ‘Central zone’ has been discovered between them.
Gratomic Inc. (TSX-V:GRAT, OTCQX:CBULF) revealed that it has inked a non-binding Letter of Intent (LOI) with Graphex Group Limited and its US subsidiary, Graphex Technologies (OTCQX:GRFXY, HKG:6128) LLC, a leader in the downstream processing of natural graphite used in electric vehicle (EV) lithium-ion (Li-ion) batteries.
The multinational company with projects in Namibia, Brazil, and Canada, said that the LOI aims to combine Gratomic's raw material supply capabilities with Graphex's downstream processing expertise to solve an industry-wide supply-demand gap by delivering “an end-to-end supply of graphite from mine to battery” with facilities to be in North America.
C3 Metals Inc (TSX-V:CCCM, OTC:CARCF) has announced rock chip assay results of up to 35.8 grams per ton (g/t) gold from a comprehensive mapping and sampling program on its wholly owned Main Ridge project in Jamaica.
The junior minerals exploration company said the 3,000-hectare Main Ridge project is contiguous with and approximately 15 kilometres (km) to the west of its previously announced discovery of an outcropping, large-scale epithermal vein swarm within its 6,000-hectare Arthurs Seat project, where drilling is underway.
ARway Corporation (CSE:ARWY) said it has launched the company’s newly-developed Image Access Point technology, which provides image recognition and tracking for localization and wayfinding that uses computer vision to trigger from a brand image or logo.
Developers can now pre-select which images will serve as AR triggers, also known as Image Access Points. ARway believes that this breakthrough technology has significant revenue implications in advertising and adds to ARway’s value proposition, transcending from a wayfinding tool into an advertising platform that activates off of brand logos.
Kainantu Resources Ltd (TSX-V:KRL) (KRL) said it has closed the final tranche of its previously announced private placement financing of $2.5 million, originally announced on October 19, 2022.
In a statement, Matthew Salthouse, CEO of KRL, commented: "We are pleased to close the placement in the current market and believe this supports the operations and ongoing progression of the company towards an initial drilling campaign. In addition, ongoing discussions with Harmony to progress with the Kili Teke acquisition shows the commitment of both parties to closing this acquisition."
Nextech AR Solutions Corp. (CSE:NTAR, OTCQX:NEXCF) said it has entered into an agreement with Research Capital Corp as sole agent and sole bookrunner in connection with an overnight marketed public offering of units of the company for gross proceeds of up to $3 million.
Each unit shall be comprised of one common share of the company and one common share purchase warrant. Each warrant shall entitle the holder to purchase one common share at an exercise price of $1.03 - amended from an initially disclosed exercise price of $1.15 - for a period of 48 months following the closing of the offering.
Nextech AR Solutions Corp. (CSE:NTAR, OTCQX:NEXCF) said it has amended certain terms of its marketed offering of units previously announced on Tuesday, January 24, 2023. Under the amended terms, the offering of units will still be conducted at a price of $0.83 per unit for aggregate gross proceeds of up to $3 million. Each warrant shall entitle the holder to purchase one common share at an exercise price of $1.03, however, amended from an initially disclosed exercise price of $1.15, for a period of 48 months following the closing of the offering.
Alkaline Fuel Cell Power Corp. (NEO:PWWR.AQN) (AFCP) has announced that Joel Dumaresq has resigned as a director of the company, effective January 12, 2023. Dumaresq will remain as the chief financial officer of AFCP while the company seeks a suitable replacement.
Metal Energy Corp. (TSX-V:MERG) said its board of directors has approved the grant of stock options to a consultant of the company allowing for the acquisition of up to, in the aggregate, 200,000 shares of the company. The options are exercisable at a price of seven cents per share for a period of 18 months from the date of grant and are subject to regulatory policies
OTC Markets Group Inc. (OTCQX:OTCM), the operator of regulated markets for 12,000 US and international securities, has announced that M.O.B.A. Network, the owner of a network of web-based gaming communities, has qualified to trade on the OTCQX Best Market and has today upgraded from the Pink market under the symbol MOBNF. Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their US investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the US. To qualify for OTCQX, companies must meet high financial standards, follow best-practice corporate governance and demonstrate compliance with applicable securities laws. M.O.B.A.'s CEO, Björn Mannerqvist, commented: "We are seeing increasing interest in M.O.B.A. from North American investors and are pleased to enable these investors to trade in the stock. By trading on OTCQX, we facilitate international investors and institutions considering exposure to our shares. Being on OTCQX also opens up opportunities for M.O.B.A. to be present in capital markets in the US and provides greater opportunities to acquire companies with an equity component."
SWMBRD Sports Inc (CSE:SWIM) completed a second tranche of its previously announced non-brokered private placement, issuing an aggregate of 2,462,500 units at a price of $0.05 per unit for gross proceeds of $123,125. Each unit was comprised of one common share in the capital of the company and one warrant that entitles the holder to purchase one additional share for a period of five years from the closing date at an exercise price of $0.06 per share. The proceeds of the offering will be used for the payment for production, shipping and storage of 500 swimboards, trade show costs, marketing and general working capital. The securities issued in connection with the offering are subject to a four month hold period from the date of issuance.
Wellbeing Digital Sciences (NEO:MEDI.AQN, OTCQB:KONEF) said that Najla Guthrie, CEO of Wellbeing, will participate at the upcoming Psychedelic Medicine Association (PMA) Webinar on Thursday, January 26th at 5 pm Pacific, 8 pm Eastern. Najla will participate on “Increasing Access to Psychedelic Medicines and Therapies,” panel on January 26th at 5 pm PST/8pm EST. Members of the PMA can register to attend here: https://psychedelicmedicineassociation.org/webinar/increasing-access-to-psychedelic-medicines-and-therapies/. For more information about the webinar, or to schedule a one-on-one meeting with Wellbeing management team, please send an email to Natalie Dolphin at ndolphin@wellbeingdigital.co.
Valeo Pharma Inc. (TSX:VPH, OTCQB:VPHIF) announced today that it will report its 4Q financial results on January 30, 2023 after market close. The company will host a conference call to discuss those results and highlights on Tuesday January 31, 2023 at 8.30am ET. Participants may join the conference call at https://bit.ly/3XlAGpn to receive an instant automated call back. Dial-in numbers: 1-888-664-6392 or 416-764-8659. A live audio webcast of the conference call will be available via: https://app.webinar.net/5Mk1QyJpzYx.
Lavras Gold Corp (TSX-V:LGC) will host an exploration webinar next Tuesday, January 31, 2023 at 1 pm ET to review its latest exploration results and talk about plans for 2023. Sign up at: https://my.6ix.com/qiYy1Qzy.
LeanLife Health (CSE:LLP) told investors that it continues to work with its auditors to complete both its audited annual financial statements for the fiscal year ended March 31, 2022, as well as the interim financial statements for the periods ended June 30, 2022, and September 30, 2022, along with the related management discussion and analysis and CEO and CFO certifications. In an update on its Cease Trade Order (CTO), LeanLife said the audit remains ongoing and, as previously disclosed, it is experiencing delays caused by complexities arising from the company’s financials. The CTO will remain in place until the annual filings and the 1Q and 2Q filings are posted to SEDAR and the required regulatory bodies, it added. LeanLife noted it is not currently subject to any insolvency proceedings. It also said that there is no other material information concerning the affairs of the company that has not been generally disclosed.