Active Energy has appointed Steve Schaar as its chief operating officer to focus on the development of CoalSwitch production in the US.
Schaar recently worked for Enviva Biomass, one of the world's largest producers of biomass fuels where he was plant manager for production facilities at Sampson, North Carolina and Southampton, Virginia.
Québec Nickel Corp (CSE:QNI, OTCQB:QNICF) announced new drilling assay results from the Fortin Sill Zone at its Ducros nickel nickel-copper-platinum group elements project in Québec which suggest the metals-rich zone is open at depth and along strike.
Highlights from the results included Hole QDG-22-63, which returned a 4.9 metre (m)-long drill intercept averaging 0.77% nickel, 0.56% copper, 340 parts per million cobalt, and 0.80 grams per ton platinum-palladium-gold, which includes higher 3 m-long subintervals of 1.06% nickel, 0.77% copper, 447 parts per million cobalt, and 1.09 grams per ton platinum-palladium-gold.
ImagineAR Inc. (CSE:IP, OTCQB:IPNFF) told investors it has executed a non-binding memorandum of understanding (MOU) with a global digital publishing company to purchase a minimum of 10 and a maximum of 25 three-year SDK (software development kit) mobile app licenses in 2023 for top global icons in sport, music, entertainment and gaming.
Once the formal contract is signed, the company said the SDK licenses are expected to generate revenue between C$200,000 - C$414,000 per year for three years.
Solis Minerals Ltd (TSX-V:SLMN, ASX:SLM) has taken another key step towards realising the value of its battery metal assets in South America with the appointment of highly experienced mining executive Matthew Boyes as an executive director.
The company expects to reap the benefits of Boyes’ previous experience in South America including lithium and copper, which are the basis of Solis’ portfolio.
European Lithium Ltd (ASX:EUR, OTCQB:EULIF) and SPAC Sizzle Acquisition Corp (NASDAQ:SZZL) are on track to complete their business combination transaction and NASDAQ listing by the second quarter of 2023.
In October 2022, EUR and Sizzle signed an agreement pursuant to which EUR is combining its wholly owned Wolfsberg Lithium Project in Austria with Sizzle via a newly-formed lithium exploration and development company named “Critical Metals Corp” which is expected to be listed on Nasdaq.
Algernon Pharmaceuticals Inc. (CSE:AGN, OTCQB:AGNPF) has announced that effective at the opening of markets on March 3, 2023, the Class A Common Shares of the company will commence trading following a four-for-one forward share split, in which three additional common shares will be issued for every one common share currently outstanding. The company currently has 2,413,431 issued and outstanding common shares. Upon completion of the forward split, the company will have approximately 9,653,724 common shares outstanding. The purpose of the forward split is to increase liquidity of the common shares. Shareholders of the company do not need to take any action with respect to the forward split.
Marble Financial Inc. (CSE:MRBL, OTC:MRBLF) said it has issued 25,000 stock options under the company's stock option plans. The company granted 25,000 stock options under the company's stock option plan to an employee. These options expire five years from the date of grant, vest in equal one-quarter 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 eight cents per share. The grant of the stock options is subject to approval from the Canadian Securities Exchange.
Westwater Resources Inc (NYSE-A:WWR) has announced that it will hold a conference call to discuss its financial results for the year ended December 31, 2022 and will update investors as to progress at its Kellyton graphite plant. The call will be held on March 7, 2023, at 9.30am EST. Dial-In-Numbers: 1-800-319-4610 (USA and Canada); 1-604-638-5340 (International); Conference ID: Westwater Resources Conference Call. Hosting the call will be Frank Bakker, president, and CEO of Westwater, who will be joined by Terence J. Cryan, executive chairman of the board, and by Steven M. Cates, chief financial officer and senior vice president-Finance. Bakker will present an update on construction and recent developments at the Kellyton graphite plant, while Cates will review the financial results and the company’s financial condition. Management will be available for questions as part of the call.
Canada Silver Cobalt Works Inc (TSX-V:CCW, OTCQB:CCWOF) has announced that it will participate and present at the PDAC 2023 Conference in Toronto from March 5 to March 8, 2023 and welcomes the opportunity to meet with investors to discuss recent developments and plans for the company. Management will be available at Booth 2741 and the company's president Matt Halliday is making a presentation Monday March 6 at 11.50am in Room 803 as part of the Corporate Presentation Forum for Investors.
Biocept Inc (NASDAQ:BIOC) announced that it has granted inducement stock options to purchase an aggregate of 7,360 shares of its common stock to two new employees. The inducement stock options have a grant date of February 28, 2023 and have an exercise price of $0.52 per share, the closing price of Biocept’s common stock on February 28, 2023, are non-qualified stock options, have a ten-year term and vest over four years, with 25% of the shares vesting on the one-year anniversary of the vesting commencement date and the remaining 75% of the shares vesting in equal monthly installments over the following 36 months, subject to the new employees’ continued service with Biocept through the applicable vesting dates. The inducement stock options are subject to the terms and conditions of Biocept’s Amended and Restated 2013 Equity Incentive Plan, as amended.
Vicinity Motor Corp. (TSX-V:VMC) announced that it has received a notification letter from the Nasdaq Stock Market LLC dated February 28, 2023, notifying the company that due to its closing bid price being below $1.00 per share for 30 consecutive days, it is not in compliance with the minimum bid price requirement as set forth under NASDAQ Listing Rule 5550(a)(2) for continued listing on the NASDAQ. Vicinity has been provided 180 calendar days, or until August 28, 2023, to regain compliance. Its shares must have a closing bid price of at least US$1.00 for a minimum of 10 consecutive business days, at which point the matter will be closed. In the event that the Company does not regain compliance by August 28, 2023 the company may be eligible for an additional 180-day period to regain compliance.
Wellbeing Digital Sciences (NEO:MEDI.AQN, OTCQB:KONEF) said that its CEO Najla Guthrie will participate at the MarigoldLIVE International Women’s Day Networking Virtual Event taking place on March 8th, 2023. Najla Guthrie will participate on “The State of the Union of Psychedelics” panel. Register to attend here: https://microdose.buzz/wonderland/. For more information about the conference, or to schedule a one-on-one meeting with Wellbeing management team, please send an email to Natalie Dolphin at ndolphin@wellbeingdigital.co.