Frontier Energy Ltd (ASX:FHE) has found a way to curb costs on its stage one solar farm at the Bristol Springs Green Hydrogen Project in Western Australia ahead of a pivotal definitive feasibility study (DFS).
The energy stock could save up to A$9.5 million if it relocates a point of connection to the Landwehr power terminal — a move that would materially decrease the A$166 million capital cost estimate outlined in a 2022 pre-feasibility study.
Analysts at Noble Capital pointed out that Century Lithium Corp (TSX-V:LCE, OTCQX:CYDVF), formerly Cypress Development, is experiencing a “watershed moment” thanks to its collaboration with Koch Technology Solutions (KTS) in the application of its proprietary Li-Pro direct lithium extraction process (DLE) at the company’s lithium extraction facility in Nevada.
The Vancouver-based advanced-stage lithium company has revealed that KTS will provide engineering design and costs for the full-scale DLE portion of the processing plant for Century Lithium's project. Moreover, the firms have executed an agreement to test KTS equipment and evaluate features of the Li-Pro process at Century’s pilot plant.
ImagineAR Inc. (CSE:IP, OTCQB:IPNFF) announced that it has been chosen by Hungarian marketing company SPORTFIVE to deliver immersive augmented reality (AR) experiences fully integrated with the official team mobile app for Ferencvárosi Torna Club.
This opportunity was spearheaded by Hype Sports Innovation in their current GVA3 program, the company said. Once the experiential proof of concept is successfully delivered, it is expected to lead to a multi-year software development kit (SDK) license agreement.
Graphene Manufacturing Group Ltd (TSX-V:GMG, OTC:GMGMF) is expecting a significant uptick in commercial sales after receiving a key regulatory green-light in Australia.
The Brisbane-headquartered Toronto-listed graphene firm, in a statement on Monday, announced it had received full and final approval from the Australian Industrial Chemicals Introduction Scheme (AICIS).
Predictmedix Inc. (CSE:PMED, OTCQB:PMEDF) has raised C$612,500 through a placing with the proceeds set to support working capital.
The artificial intelligence-powered rapid health screener, in a statement, told investors it was issuing 12.25mln units (comprising one share and one share warrant) each priced at 5 cents.
Tonix Pharmaceuticals (NASDAQ:TNXP) Holding Corp. said it has exercised an option to obtain an exclusive license from Columbia University for the development of a portfolio of fully human (TNX-3600) and murine (TNX-4100) monoclonal antibodies (mAbs) for the treatment or prophylaxis of SARS-CoV-2 infection.
SARS-CoV-2 is the cause of COVID-19. The licensed mAbs were developed as part of a research collaboration and option agreement between Tonix and Columbia University, originally announced in 2020, the clinical-stage biopharmaceutical company said.
Atlantic Lithium Limited (AIM:ALL, OTCQX:ALLIF, ASX:A11) said Ricca Resources Limited is undertaking a private placement ahead of its listing on the Australian Stock Exchange (ASX).
According to a statement from the lithium exploration and development group, the closing date for Ricca’s pre-IPO placement is 24 February.
Nano One Materials Corp (TSX:NANO, OTC:NNOMF). has announced the award of $10 million in non-dilutive, non-repayable contributions from Sustainable Development Technology Canada (SDTC).
The clean technology company said the funds will support the conversion of its recently acquired Candiac facility to the patented One-Pot Process for industrial-scale pilot production of lithium iron phosphate (LFP).
Ncondezi Energy Ltd (AIM:NCCL, OTC:NCDZF), the African-focused power development company, said it is seeking shareholder approval at its extraordinary general meeting to be held in Cape Town later this month to change its name to Solgenics Limited.
According to a statement, the change “reflects the company’s transition into a dedicated renewable energy development company".
Polarean Imaging PLC (AIM:POLX, OTC:PLLWF) is looking to gain "commercial traction" for its medical imaging product, XENOVIEW, the first and only FDA-approved hyperpolarised MRI contrast agent, said chief executive Richard Hullihen in an investor update.
The company, which finished 2022 with US$16mln in cash, plans to maximise commercial sales of XENOVIEW and pursue collaborations with pharmaceutical and MRI companies and other strategic partners to fund future applications of the company's technology.
Scancell Holdings PLC (AIM:SCLP, OTC:SCNLF) has announced what chief executive Lindy Durrant described as "highly encouraging" results from the company’s phase I clinical trial of its Covid vaccines.
The COVIDITY study was conducted at the University of Cape Town Lung Institute in South Africa and tested the safety and immune response of two candidates, SCOV1 and SCOV2.
American Rare Earths Ltd (ASX:ARR) has confirmed broad zones of rare earth mineralisation to new depths of 175.5 metres, further extending the Halleck Creek Rare Earths Project in Wyoming.
Standout assays include:
Xantippe Resources Ltd (ASX:XTC, OTC:XTCPF) is trading higher on intersecting additional two thick intervals of lithium pegmatites from reverse circulation (RC) drilling at Blanche Prospect within its Southern Cross Project in Western Australia.
The company fielded these encouraging intervals in hole 3 (SXRC0019} and hole 4 (SXRC0020), with hole 4 being a step-out about 500 metres due north of SXRC0017, expanding the target area at the prospect.
Jindalee Resources Ltd (ASX:JRL) has teamed up with major Korean lithium producer and NYSE-lister POSCO Holdings to investigate the McDermitt Lithium Project in Oregon, US.
Thanks to a binding memorandum of understanding (MoU), both parties have agreed to kick off joint metallurgical research, designed to optimise the ore processing flowsheet and get the most out of McDermitt’s 13.3 million tonnes lithium resource.
Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the CleanTech & Precious Metals Virtual Investor Conference to be held February 14th - 16th. Individual investors, institutional investors, advisors, and analysts are invited to attend. “We are looking forward to hosting our CleanTech & Precious Metals Virtual Investor Conference in partnership with Murdock Capital Partners and TAA Advisory LLC,” said Jason Paltrowitz, executive vice president of corporate services at OTC Markets Group. “Our markets are tailored to meet the needs of today’s resource companies as they look to expand their investor base, and we are proud to support their outreach through the VIC platform.” To see a list of participating companies, click here: https://www.virtualinvestorconferences.com/events/event-details/cleantech-precious-metals-virtual-investor-conference. To register for the event, click here: https://bit.ly/3Yzm1rg.
Lobe Sciences Ltd (CSE:LOBE, OTCQB:LOBED) has announced a US$250,000 financing in the form of a convertible note with interest at an annual rate of 11%. In the event that the note remains outstanding on the expected maturity date of January 31, 2024, the company said the outstanding principal amount of the note, together with all accrued and unpaid interest, shall be due and payable on the maturity date. No finder's fees are expected to be paid in connection with the offering, it added. Lobe Sciences said proceeds of the offering will be used to repay existing debt and for general working capital purposes. It has also agreed to issue 1 million share purchase warrants with an exercise price of $0.05 each and an expiry date of February 2, 2025, to its cGMP (current good manufacturing practice) manufacturing partner in exchange for deferral of payment of up to US$150,000 for a period of 12 months.
Ximen Mining Corp (TSX-V:XIM, OTCQB:XXMMF) told investors that it has closed the non-brokered private placement originally announced on February 9, 2023, by issuing 1.2 million flow-through units at a price of $0.15 for gross proceeds of $180,000. The company said each flow-through share consists of one common share that qualifies as a flow-through share as defined in subsection 66(15) of the Income Tax Act and one transferable common share purchase warrant. Each whole warrant will entitle the holder to purchase one additional non-flow-through common share of the Issuer at an exercise price of C$0.20 per share. All securities issued in connection with the flow-through offering will be subject to a hold period expiring June 11, 2023, Ximen said, adding that the closing of the private placement financing is subject to final TSX-V approval. No finders' fees were paid on the placement, it said.
Bridgeline Digital Inc (NASDAQ:BLIN) announced that it will release its financial results for the first quarter of fiscal 2023 on February 14, 2023, at 4:30pm ET. Ari Kahn, the company's President and Chief Executive Officer, and Thomas Windhausen, the company's Chief Financial Officer, plan to host a live conference call at 4:30 p.m. ET to discuss the financial results. The details and registration link for the conference call and replay are as follows: https://register.vevent.com/register/BI26a20973da0b419bb35d02dfa5450275.
Africa Oil Corp (TSX:AOI) announced that the company repurchased a total of 530,400 Africa Oil shares during the period of February 6, 2023 to February 10, 2023 under the previously announced share buyback program. During the period dated February 6, 2023 to February 10, 2023, the company repurchased 235,400 Africa Oil common shares on the TSX and/or alternative Canadian trading systems. During the same period, the company repurchased 295,000 Africa Oil common shares on Nasdaq Stockholm. All common shares repurchased by Africa Oil under the share buyback program will be cancelled. All common shares repurchased by Africa Oil under the share buyback program will be cancelled. During the same period Africa Oil cancelled 475,000 shares repurchased under the share buyback program. Since September 27, 2022, up to an including February 10, 2023, a total of 20,158,473 Africa Oil common shares have been repurchased under the share repurchase program through the facilities of the TSX, Nasdaq Stockholm and/or alternative Canadian trading systems.
Albert Labs International Corp (CSE:ABRT) has arranged a non-brokered private placement for gross proceeds of up to $300,000 at a price of C$0.048 per unit. Each unit consists of one common share and one share purchase warrant exercisable at a price of $0.07 for 24 months. Proceeds will be used for pharmacokinetic and toxicology studies to advance the company's primary drug target, the natural psilocybin-based KRN-101, towards its Real World Evidence trial for regulatory approval in the UK and Investigational New Drug filing in the US, and for other purposes.
Auxico Resources Canada Inc (CSE:AUAG, OTC:AUXIF) said it expects to be able to file the Annual Financial Filings by February 28, 2023. The Company will provide updates as further information relating to the Annual Financial Filings becomes available. The MCTO will be in effect until the Annual Financial Filings are filed.
Ocean Power Technologies Inc (NYSE-A:OPTT) said it will report its fiscal 2023 third quarter results for the period ended January 31, 2023, after the market closes on March 13, 2023. A conference call to discuss the company’s financial results will be held on March 14, 2023, at 9am Eastern Time. Investors can dial into the call at 877-407-8291 or 201-689-8345, and the live webcast can be found here: https://event.choruscall.com/mediaframe/webcast.html?webcastid=Zmr3nsY6.