Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF) was identified among the top performing gold stocks, in a note by analysts at Canaccord, which claims equity valuations in the sector still remain inexpensive.
As the gold price trades about 2% in the year-to-date the S&P/TSX Gold index of stocks is up around 3%.
ACME Lithium Inc has commenced a Phase Two geochemistry sampling program designed to develop further knowledge of lithium occurrences at its FLV claim group in Fish Lake Valley, Nevada.
A recent geological field review and sampling program at Fish Lake Valley, Nevada resulted in the highest surface lithium values to date with up to 1325 parts per million lithium.
American Resources Corporation (NASDAQ:AREC) said its wholly-owned ReElement Technologies LLC division has added battery industry expert Bob Galyen to its Board of Directors as an independent director.
The company said Galyen’s appointment will take place when the spin-off of ReElement from American Resources occurs.
BioHarvest Sciences Inc. (CSE:BHSC, OTC:CNVCF) has announced a clinical trial assessing the capacity of its red grape cell (RGC) composition to promote eye health in a collaboration with the International Neurorehabilitation Institute (INI) in Lutherville, Maryland.
Led by Dr Daniel Becker, Director of the INI and Assistant Professor of Neurology at Johns Hopkins School of Medicine, the study will evaluate the impact of RGC on multiple sclerosis (MS)-related optic neuritis driven by inflammation. The study aims to elucidate the mechanisms through which RGC impacts the disease by measuring anti-oxidative, detoxifying, and inflammatory biomarkers.
Zephyr Energy PLC, the Rocky Mountain oil and gas company, said State 36-2 LNW-CC “would appear to be another productive well on its acreage” in Utah’s Paradox Basin.
As reported on 19 January 2023, the well intersected a major natural fracture network in the Cane Creek reservoir, resulting in a significant influx of hydrocarbons into the wellbore.
Emmerson PLC (AIM:EML, OTC:EMSNF) has appointed a syndicate of leading international and Moroccan banks as initial mandated lead arrangers (MLA) to co-ordinate and fund dual-tranche debt financing facilities for the development of the Khemisset potash project.
The four MLAs are ING Bank, Banque Centrale Populaire, Bank of Africa and one further international European Bank.
Australian Vanadium Ltd (ASX:AVL) has made two strategic appointments as part of a board evolution as it moves into a critical period in the lifecycle of the Australian Vanadium Project in Western Australia.
As part of the restructuring, the company has tapped Miriam Stanborough and Peter Watson to join the board as non-executive directors with immediate effect, while executive director Leslie Ingraham has advised his intention to resign from the board in due course.
Reunion Gold Corporation (TSX-V:RGD, OTCQB:RGDFF) has said it was named as a party in a statement of claim issued by Barrick Gold Corp in the Ontario Superior Court of Justice on February 10, 2023. The claim relates to the company's termination of its strategic alliance agreement with Barrick dated February 3, 2019, as amended. By notice of termination dated December 5, 2022, the company terminated the alliance agreement effective February 3, 2023. In 2022 the only project remaining in the alliance was the NW Extension project in Suriname, Barrick having previously elected to exclude all other projects from the alliance. In October 2022, the parties agreed on a rehabilitation and demobilization plan and budget for the NW Extension project. In terminating the alliance agreement, the company offered to assign its rights in the NW Extension to Barrick. The company is focusing all its efforts on the continued exploration and development of its Oko West project in Guyana, which project Barrick excluded from the alliance in January 2020. The company has a 100% interest in the Oko West project and Barrick has no back-in rights. Barrick alleges, among other things, that the alliance agreement should continue in perpetuity and that the company's termination of the alliance agreement is invalid. Barrick is seeking relief in the form of, among other things, declarations affirming its position, orders compelling the company to perform its obligations under the alliance agreement, related injunctive relief and damages. Reunion Gold believes the claim is without merit and intends to vigorously defend against it.
OTC Markets Group Inc. (OTCQX:OTCM), the operator of regulated markets for 12,000 US and international securities, has announced that FFBW Inc, the holding company for First Federal Bank of Wisconsin, has qualified to trade on the OTCQX Best Market having previously traded on NASDAQ. FFBW begins trading today on OTCQX under the symbol FFBW. The OTCQX Market enables US regional and community banks to lower the cost and complexity of being a public company. Through streamlined market standards tailored for banks, OTCQX provides transparent trading, visibility, and easy access to company information for shareholders. To qualify for OTCQX, community banks must meet high financial standards, follow best-practice corporate governance, and demonstrate compliance with applicable securities laws. Edward H. Schaefer, president and chief executive officer of FFBW commented: “We look forward to our partnership with OTC Markets Group Inc through their OTCQX platform and the associated cost savings, benefiting the company and our shareholders.”
Cordoba Minerals Corp (TSX-V:CDB, OTCQB:CDBMF) said it has temporarily suspended its Feasibility Study in-fill drilling program and other on-site work at the company's San Matias copper-gold-silver project. The company has been closely monitoring the impact of the ongoing public demonstrations on social reformation taking place across Colombia. Cordoba's primary focus remains the health and safety of all its employees and contractors as well as its host communities. As such, we have taken action to immediately suspend operations at San Matias. The company is now liaising with the local authorities to determine when it may re-commence its camp activities and Feasibility Study in-fill drilling program. All desk-top work on the Feasibility Study technical programs for the Alacran project will continue as usual. The company said it expects to resume all work within the next 7-10 days but in any case will continue monitoring the situation in Colombia and provide updates accordingly.
Global Energy Metals Corp (TSX-V:GEMC) said it will host a webinar on Thursday, February 16th at 4:05pm ET / 1:05pm PT. In the live webinar with Global Energy’s CEO and Director, Mitchell Smith, attendees will be provided with an update on recent milestones including field exploration work at the Lovelock and Treasure Box projects in Nevada, partner funded developments at the Millennium Cobalt-Copper project in Australia, sale of the Werner Lake project in Ontario, partnership with Kingsrose Mining on the Råna Nickel project in Norway, repricing and incentivizing warrant holders to exercise warrants to strengthen corporate treasury, and an overall update on anticipated catalysts at a time when fundamentals remain supported by growing metals demand driven by decarbonization and electrification. Register here: https://event.on24.com/wcc/r/4114747/37F660A7E666C00E04D73FA084F10CF0.
Renforth Resources Inc (CSE:RFR, OTCQB:RFHRF) is presenting a live virtual corporate update hosted by Red Cloud Financial Services at 2 pm ET on Wednesday. Interested parties are invited to register for the webinar here and participate in the live Q&A session. CEO Nicole Brewster will discuss the latest on Renforth's Surimeau property and its developing large scale, low grade battery metals systems with surface mineralization. Commodities to be covered include nickel, cobalt, zinc, copper, silver and gold.
Zoglo's Incredible Food Corp. (CSE:ZOG) has appointed Lisa MacLean as its new chief financial officer, corporate secretary and director, effective February 13. MacLean is a fellow member of Association of Chartered Certified Accountants and an experienced CFO having held executive positions in Canada and Europe in private and public sector for over 15 years. She replaces Doug Harris as CFO, who has stepped down, the company said. Zoglo also announced that, further to a previous press release, it will not additional closings after raising $60,000 on the issuance of 1.9 million units at a price of $0.03 each.
Gungnir Resources Inc. (TSX-V:GUG, OTC:ASWRF) announced that it has granted incentive stock options to employees, directors and officers to acquire an aggregate of 2.8 million common shares at $0.08 per share for a period of 5 years. These incentive stock options have been granted in accordance with the company’s stock option plan.