Diversified Energy had a strong year in 2022 says broker SP Angel, with the estimated 8-9% annual decline rate arrested and progress on scale and operational synergies to protect and bolster the high cash operating margins.
The gas producer highlighted to investors in the second half of 2022 the potential for US$5bn of dividends from its portfolio.
Namibia Critical Metals (TSX-V:NMI, OTC:NMREF) announced announce that it has commenced resource in-fill drilling as part of the pre-feasibility study (PFS) at the significantly expanded 'Lofdal 2B-4' heavy rare earth project in northwestern Namibia.
The company said a final drill program was worked out with support by The MSA Group to increase the level of resource categories as required for the PFS for the expanded project.
Trillion Energy International Inc (CSE:TCF, OTCQB:TCFF) announced it has kicked off its 3D seismic reprocessing project for the SASB natural gas field in the Black Sea.
The Canadian oil and gas producer is hoping to create a superior model of the field’s complex geology by reprocessing with advanced pre-stack depth migration (PSDM) and incorporating time depth data from newer wells.
ACME Lithium Inc. (CSE:ACME, OTCQB:ACLHF) has announced the start of Phase 2 drilling at its Clayton Valley lithium brine project in Nevada.
The Vancouver-based mineral exploration company said the multi-hole drill program follows its Phase 1 drill program lithium brine discovery, announced last August.
G Mining Ventures Corp (TSX-V:GMIN, OTCQX:GMINF) has announced that Dušan Petković has been promoted to senior vice president, Corporate Strategy at the company.
Petković co-founded G Mining in October 2020 and served as a founding director of the board until March 2021, when he joined the management team as the inaugural vice president, Corporate Development & Investor Relations.
Accesso Technology Group PLC (AIM:ACSO, OTC:LOQPF) said it expects to announce record revenues for the past year, along with strong cash generation.
The technology provider to theme parks and visitors attractions around the world said the performance “underscores the increased demand for its range of innovative and highly differentiated technology, along with continued commitment to revenue growth and operational excellence”.
Lake Resources NL (ASX:LKE, OTCQB:LLKKF) aims to strengthen its in-country presence in Argentina through the appointment of Amalia Sáenz as vice president, Argentina Corporate Affairs.
This will see Sáenz transition from Lake Resources’ Board of Directors effective February 1, 2023, to join the company’s executive team.
OTC Markets Group Inc. (OTCQX:OTCM), the operator of regulated markets for trading 12,000 US and international securities, has announced that Drive Shack Inc, a leading owner and operator of golf-related leisure and entertainment businesses, has qualified to trade on the OTCQX Best Market, having previously traded on the New York Stock Exchange. Drive Shack began trading today on the OTCQX under the symbols DSHK, DSHKP, DSHKN, DSHKO. Trading on the OTCQX Market offers companies efficient, cost-effective access to the US capital markets. Streamlined market requirements for OTCQX are designed to help companies lower the cost and complexity of being publicly traded while providing transparent trading for their investors. To qualify for OTCQX, companies must meet high financial standards, follow best-practice corporate governance, and demonstrate compliance with applicable securities laws.
Auxico Resources Canada Inc (CSE:AUAG, OTC:AUXIF) has announced that its annual consolidated financial statements for the year ended September 30, 2022, will not be filed by the required filing deadline of January 30, 2023, due to the fact that there have been delays associated with the change in auditor this year, as well as staffing issues of the company's new auditors, BDO LLP. The company said its board of directors and management confirm that they and the auditors are working diligently to complete the final steps in the audit process and minimize the filing delay as much as possible. The company expects to be able to file the Annual Financial Filings on or before February 28, 2023. The company has applied to the applicable securities regulatory authorities and received a management cease trade order (MCTO) imposed against its chief executive officer, the chief financial officer and the directors of the company precluding them from trading securities of the company. The MCTO will be in effect until the annual filings are filed and requires that they be filed on or before February 28, 2023.
G Mining Ventures Corp (TSX-V:GMIN, OTCQX:GMINF) said it has recently obtained conditional approval from the TSX Venture Exchange for the adoption of a new omnibus equity incentive plan to replace its current 2019 stock option plan. The company intends to submit the new plan for approval by its shareholders at its next annual meeting. As of the current date, the company currently has 8,822,888 options outstanding under the 2019 Plan and intends for those options to continue to be governed by the terms of the 2019 Plan. For full details please visit https://assets.ctfassets.net/jj9ent3ck4o2/UdANWL7quuT9IV62yDo1p/d0dc93c915f5ddb597c22b26820d50e4/GMIN_I_Dusan_SVP_I_2023.01.31.pdf.
Gamelancer Media Corp. (CSE:GMNG, OTCQB:GAMGF) has announced that its president and chief operating officer, Mike Cotton was a featured speaker at the Ivey Leadership Conference on Saturday, January 21, 2022. Cotton was accompanied by TikTok head of Sports & Gaming, Adam Burchill, and Samsung senior manager of Digital Marketing & Content, Christian Di Vincenzo. The trio discussed new trends in sports advertising and how they see that evolving over time. In a statement, Cotton commented: "This was a unique opportunity to speak alongside two of the brightest minds in entertainment and to highlight some of the work Gamelancer Media has done over the past year with our partners at TikTok and Samsung. We continue to see brands redeploy budgets away from traditional advertising mediums and into social media and digital marketing, especially into TikTok advertising which enables brands to access the coveted GenZ and Millennials demographics through short-form video." To access the interview footage, interested parties can use the following link: https://www.youtube.com/watch?v=vglUTVQDLi8.