Atlantic Lithium has received a share price target upgrade from Liberum after the upgrade to the resource at its Ewoyaa deposit in Ghana.
Liberum has raised its target to 57p based on a new preliminary 3Mtpa DFS case (from 46p).
Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) has provided an update on its operations and said it has set its 2023 capital budget at a total of US$32 million.
The company said the contracted 1,500 HP drilling rig has arrived at the multiwell pad at Rio Cravo Este (RCE).
Scancell Holdings PLC (AIM:SCLP, OTC:SCNLF), the developer of novel immunotherapies for the treatment of cancer and infectious disease, has announced the appointment of Dr Jean-Michel Cosséry as its non-executive chairman with immediate effect.
The company said Cosséry will seek to drive Scancell's strategy for clinical progress and commercial development of its novel immunotherapy vaccine and antibody platforms, noting that he brings to the company over 25 years of experience in the pharmaceutical and biotechnology industries and a sustained global track record of success in commercial operations as well as in capital raising, US and European public offerings, business development and M&A.
Lake Resources NL (ASX:LKE, OTCQB:LLKKF) has strengthened its human resources capabilities with the appointment of Gentry Brann as the company's first chief people and administration officer.
Brann will lead the company’s human resources functions as well as advance diversity and inclusion as the lithium development company expands.
Western Magnesium Corp. (TSX-V:WMG, OTCQB:MLYF) said it has closed the final tranche of its non-brokered private placement previously announced on November 16, 2022. The final tranche closed on 903,545 units for gross proceeds of US$74,413, making total gross proceeds raised of US$1.3 million. Each unit in the placement consists of one common share in the capital of Western Magnesium and one common share purchase warrant. Each warrant will be exercisable into one common share for a period of two years at a price of 18 US cents per share. The closing of the final tranche is subject to final approval by the TSX Venture Exchange. The completion of the private placement and payment of any commission and fees remains subject to the receipt of all necessary approvals, including the approval of the TSX Venture Exchange. The securities issued will be subject to a statutory hold period in Canada for a period of four months and one day from the closing date.
Marble Financial Inc. (CSE:MRBL, OTC:MRBLF) said it has issued 150,000 stock options under the company's stock option plans to two employees. These options expire five years from the date of grant, vest in equal one-fourth amounts starting on the date of grant and in each of the first-year, second-year and third-year anniversaries from the date of grant, and are exercisable at 8 cents per share. The grant of the stock options is subject to approval from the Canadian Securities Exchange.
Silver Bullet Mines Corp. (TSX-V:SBMI, OTC:SBMCF) said the TSX Venture Exchange has consented to the extension of the expiry date of 8,528,081 warrants with an original expiry date of between February 6, 2023, and July 8, 2023, to a new expiry date of warrants between February 6, 2024, and July 8, 2024, at an unchanged exercise price 50 cents each. These warrants were issued under a private placement of 17,056,150 shares with 8,528,081 share purchase warrants attached completed in different tranches prior to the completion of the company's qualifying transaction on December 1, 2021.
Psyched Wellness Ltd (CSE:PSYC, OTCQB:PSYCF) has said it will be launching a new larger bottle size for their proprietary Amanita Muscaria Extract (AME-1) product Calm, on February 28, 2023. The new size will provide customers with double the servings per bottle, in a 60ml package. Calm is the first legal Amanita Muscaria extract available for sale in the USA. Jeffrey Stevens, Psyched Wellness CEO, commented: "We've been getting a lot of feedback from our customers about how much they love our product and find it helpful, so we've decided to give them what they want: more of it. The new 60ml size is the perfect compromise between convenience and potency: it provides more servings per bottle while still allowing users to get the same amount of AME-1 as they would with the 30ml bottle. This launch comes as we prepare the ground for an exciting year ahead-full of new products and formats."
Burcon NutraScience Corp (TSX:BU) will hold an investor conference call and webcast on Tuesday, February 14, 2023 at 5:00 p.m. ET to discuss its financial results for the fiscal third quarter ended December 31, 2022. The company's financial results will be issued in a press release prior to the call. A link to the webcast of the conference call will be available on Burcon's website under "Presentations" or directly here: https://viavid.webcasts.com/starthere.jsp?ei=1594267&tp_key=1e3c9851a7. Investors interested in participating in the live call can dial in using the following details: Toll-free dial-in (North America): 1-855-327-6837; Dial-in (toll/international): 1-631-891-4304; Conference ID: 10021125.
KULR Technology Group Inc (NYSE:KULR) announced that it has retained Integrous Communications as its investor relations advisor. Integrous Communications will assist KULR with communicating its corporate, financial and investor developments to current shareholders and prospective investors, while enhancing awareness of the company's story within the capital markets. Mark Komonoski, Partner at Integrous Communications, will be the Company's primary investor contact. "We are committed to growing our investor reach and implementing best practices in our corporate communications," stated Michael Mo, CEO of KULR. "On the basis of their decades of experience assisting companies like KULR, we have selected Integrous Communications as our investor relations advisor. Their depth of relationships and sector expertise provides us with the best-in-class support to communicate our corporate and operational progress to existing and new shareholders."
Wellbeing Digital Sciences (NEO:MEDI.AQN, OTCQB:KONEF) said that as a result of delays to its audit, the company’s annual financial statements and accompanying management's discussion and analysis for the fiscal year ended October 31, 2022 were not finalized by January 30, 2023, being the date that such filings are due under applicable Canadian securities law requirements. The company has applied for, and has been granted, a management cease trade order by the British Columbia Securities Commission. The reason for the delay relates to the change in accounting firms and the considerable work involved in the transition of accountants, particularly due to the complex nature of Wellbeing’s business. Wellbeing is working diligently with its auditors and financial professionals to complete the audit in a timely manner. The company currently expects to file the Annual Filings on or before March 31, 2023, and will issue a news release announcing completion of such filings at such time.
PowerTap Hydrogen Capital Corp. (NEO:MOVE.AQN, OTC:MOTNF) told investors it has been requested by the Investment Industry Regulatory Organization of Canada (IIROC) to comment on the recent increase in the trading volume and price of its common shares. The company said it is not aware of any material change in its business or affairs that has not been publicly disclosed that would account for the recent increase in market activity.
First Phosphate Corp. revealed that CEO John Passalacqua will address the LFP Battery Session at the Phosphates 2023 Global Conference and Exhibition hosted by CRU Group in Istanbul, Turkey. Passalacqua will be accompanied by First Phosphate Advisory board members Yves Caprara and Bernard Lapointe along with Chairman Laurence Zeifman. "The North American Lithium Iron Phosphate battery industry needs domestic production of phosphate that is clean, traceable, high quality…with a low carbon footprint, and compliant with the US Inflation Reduction Act,” said Passalacqua. “This is precisely what First Phosphate aims to develop in its Saguenay-Lac-Saint-Jean phosphate properties." Passalacqua will address the session on March 1, 2023, at 9:30 am in Hilton Istanbul Bomonti Hotel. Investors can register for the event at: https://events.crugroup.com/phosphates/register. First Phosphate holds 1,500 square km of land claims in the Saguenay region of Quebec that it’s developing to produce battery grade phosphate. It is focused on integrating its phosphate material directly into the supply chain of battery and electric vehicle producers in North America.