Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Archive

News snapshot: Electra Battery Materials, DRDGold, enCore Energy, NorthWest Copper, Guardforce AI...

Titan Minerals Ltd (ASX:TTM) has intersected several high-grade gold, silver and base metal epithermal veins at shallow depths in its maiden drill program at Meseta Prospect within the Linderos Project in southern Ecuador.

The company’s recent drill program at Meseta has confirmed that a shallow intermediate sulphidation epithermal gold system exists adjacent to the recently discovered Copper Ridge porphyry system.

Read more

Silver Range Resources Ltd (TSX-V:SNG, OTC:SLRRF) said assay results and structural mapping have demonstrated continuity between the Strongbox and Roughrider properties, which have been amalgamated by recent staking into the larger Tule Canyon project in Nevada, USA.

The company said geological mapping, prospecting, and sampling carried out in late November 2022 showed “significant gold and silver mineralization” linking the southern portion of the Roughrider property with the Strongbox property, more than 1 kilometre to the East.

Read more

American Resources Corporation (NASDAQ:AREC), which supplies rare earth, critical elements, and advanced carbon materials to the infrastructure and electrification markets, revealed that it has joined NAATBatt International (NAATBatt), the top battery technology trade association in North America, through its wholly-owned subsidiary ReElement Technologies LLC.

In a statement, ReElement CCO Chris Moorman said: "NAATBatt is an excellent organization for ReElement to showcase its technologies and interact with the top players in the battery marketplace.”

Read more

Predictmedix Inc. (CSE:PMED, OTCQB:PMEDF) said its AI-powered Safe Entry Station, which accurately screen for various physiological conditions non-invasively, has received pivotal clinical validation data from one of the largest government hospital groups in India.

"Our team is diligently working towards the goal of Safe Entry being in thousands of hospital triages across the world. We believe our technology will drastically improve patient care and reduce the strain on already over-extended healthcare workers,” Dr Rahul Kushwah, chief operating officer at Predictmedix in a statement.

Read more

Pan African Resources PLC (AIM:PAF, OTCQX:PAFRY, JSE:PAN, OTCQX:PAFRF) has stuck with its production forecast this year in spite of problems at its Barberton mine in the first half.

Gold production this year (to end-June 2023) should be between 195,000-205,000oz, said the South Africa-based miner, even after a fall in the first half to 92,300oz from the previous year's record 108,100oz.

Read more

Active Energy Group PLC, the renewable energy business, has received two trademarks for the registration of CoalSwitch in the US and UK.

AEG described this as a significant advance as it looks to expand its intellectual property portfolio through the continuous development of its technology.

Read more

Zephyr Energy PLC (AIM:ZPHR, OTCQB:ZPHRF) said its full-year results comfortably exceeded expectations, posting 2022 revenues of US$42.9mln from its non-operated Williston Basin assets in North Dakota, with US$7.4mln of that figure coming in the final quarter.

The number jumped from US$6mln 12 months earlier and compared with guidance ahead of Wednesday’s update of US$35mln-US$40mln.

Read more

Bango PLC (AIM:BGO, OTCQX:BGOPF), the AIM-listed global platform for data-driven commerce, has announced a new Digital Vending Machine deal with the Japanese employee benefits platform Benefit One Inc.

Bango Digital Vending Machine technology enables a wide range of subscriptions to be offered to consumers, significantly reducing development time and effort.

Read more

Futura Medical PLC (AIM:FUM, OTC:FAMDF) has said it will present data on its MED3000 product at the European Society for Sexual Medicine Congress in Rotterdam, The Netherlands, which kicks off on Thursday, February 16, 2023.

MED3000 is a breakthrough gel formulation for the treatment of erectile dysfunction (ED), with a unique evaporative mode of action that is clinically proven to help men achieve an erection within 10 minutes.

Read more

Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) said it is fully committed to Phase II drilling at Rukwa with a re-drill of the Tai prospect, where a new well to a depth of 1,300 metres is still planned.

Discussions are underway with several rig groups with a preferred contractor identified while talks with another operator regarding rig sharing options are also ongoing, it said in a presentation ahead of its AGM.

Read more

Anteris Technologies Ltd (ASX:AVR, OTC:AMEUF) has secured A$35 million in funding from a share placement offered to various sophisticated and professional investors at an issue price of A$24.00 per share.

The placement was cornerstoned by AVR’s two largest shareholders, Perceptive Advisors and L1 Capital, each subscribing beyond their existing pro-rata shareholding.

Read more

Venture Minerals Limited (ASX:VMS, OTC:VTMLF) will next week start drill testing a large new nickel target in northwest Tasmania defined by a three-kilometre-long EM conductor supported at the surface by nickel in soil anomalism and interpreted to be within the Wilson River Ultramafics.

Venture has 100% ownership of granted tenure encompassing 13 kilometres of this prospective ultramafic unit near its Mount Lindsay Project.

Read more

Unigold Inc. (TSX-V:UGD, OTCQX:UGDIF) announced that Gordon Babcock has resigned as the chief operating officer of the company. Babcock will continue in his current duties until the middle of March. Joe Hamilton, CEO of Unigold, commented: "Gord has been instrumental in delivering a positive feasibility for our oxide starter operation and in supporting our permitting efforts in the Dominican Republic over the past year. On behalf of the Board of Directors, I would like to thank Gord and wish him well in his future endeavours." Unigold noted that it is awaiting final approval of its application for an Exploitation Concession over the Neita Sur area. The application has passed inspection and review by the Dirección General de Minería and was forwarded to the Ministerio de Energía y Minas with a positive recommendation in Q4 of last year. Unigold has responded to information requests from the Ministry and understands that the Ministry has sufficient information to move forward with the application. While it is difficult to predict a timeline for the final approval, the company is hopeful that the process will be finalized shortly.

Canada Silver Cobalt Works Inc (TSX-V:CCW, OTCQB:CCWOF) said it has granted stock options to its directors and officers to purchase an aggregate of 900,000 common shares in the capital of the company. The stock options are exercisable for a term of three years at an exercise price of $0.10 per share. All stock options are granted in accordance with the terms of the company’s Stock Option Plan and the policies of the TSX Venture Exchange and will be subject to a hold period of four months and one day from the date of grant.

Zeb Nickel (TSX-V:ZBNI, OTC:ZBNIF) said it has granted an aggregate of 1,200,000 stock options to its directors, officers, consultants and service providers. Each option is exercisable at $0.25 per common share for a four-year period.

PowerTap Hydrogen Capital Corp. (NEO:MOVE.AQN, OTC:MOTNF) has announced its financial results for its second quarter ended December 31, 2022. The company’s interim consolidated financial statements for the period ended December 31, 2022, and 2021 as well as its accompanying management discussion and analysis have been filed on SEDAR.

Super Spike Advisory, in its January 25, 2023, issue, said 'buy' G Mining Ventures Corp (TSX-V:GMIN, OTCQX:GMINF) stock at 74 cents, officially, up to 85 cents. This is the newsletter's first buy of the stock. It noted that the company's focus is the Tocantizinho, or TZ, project, in Brazil's Para state. G Mining has updated the project's feasibility study and confirmed the project's "excellent economics," boasting a net present value (discounted 5%) of $622 million and an internal rate of return of 24%. The company made a formal construction decision in September, 2022, and started building TZ. Once completed, it will be the third-largest gold mine in Brazil.

Fathom Nickel (CSE:FNI) said it has granted incentive stock options to certain directors, officers and consultants of the company for the right to purchase up to an aggregate of 5,000,000 common shares of the company, exercisable at a price of $0.085 per share for a period of 60 months. The options will vest 1/3 on the date of grant and 1/3 on each of the first and second anniversaries of the date of grant.

OTC Markets Group Inc. (OTCQX:OTCM), the operator of regulated markets for trading 12,000 US and international securities, has announced that Unit Corporation, a diversified energy company, has qualified to trade on the OTCQX Best Market and has today upgraded from the Pink market under the symbol UNTC. The OTCQX Market provides investors with a premium US public market to research and trade the shares of investor-focused companies. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among US investors. To qualify for OTCQX, companies must meet high financial standards, follow best-practice corporate governance, and demonstrate compliance with applicable securities laws.

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK