Venture Minerals Limited (ASX:VMS, OTC:VTMLF) joint venture (JV) farm-in partner Chalice Mining Ltd (ASX:CHN, OTCQB:CGMLF) has discovered two new nickel-copper-platinum group elements (PGE) targets on the West Australian South West Project, as well as extending and defining previously identified targets.
The two new targets have already been infill sampled for auger soil geochemistry, with results still pending.
Phunware Inc (NASDAQ:PHUN) has announced that its fiscal 2022 net revenues rose 105% year over year to $21.8 million, driven largely by its hardware business, which the company plans to expand further.
Phunware noted it generated $15.3 million in hardware revenues for the year, while also recording platform revenues of $6.5 million.
PureTech Health (LSE:PRTC, NASDAQ:PRTC, OTC:PTCHF) PLC announced a lucrative royalty deal with Royalty Pharma for its KarXT drug, developed by Karuna Therapeutics.
In response, Liberum, the corporate broker, has increased its target price for PureTech Health (LSE:PRTC, NASDAQ:PRTC, OTC:PTCHF) from 420p to 470p, reiterating its 'buy' recommendation.
Tonix Pharmaceuticals (NASDAQ:TNXP) Holding Corp EVP of translation medicine Herbert Harris delivered an oral presentation Thursday at the Rare Disease Innovation and Partnership Summit in Philadelphia, the company announced.
The presentation, titled, “TNX-2900 (Intranasal Potentiated Oxytocin) in Development for the Treatment of Hyperphagia in Adolescents and Young Adults with Prader-Willi Syndrome,” includes data showing the enhancing effects of magnesium on the activation of oxytocin receptors.
US lawmakers on Thursday spent more than five hours questioning TikTok CEO Shou Zi Chew about the app’s ties to China and its US user data protection initiatives, among other issues.
It appeared lawmakers had already made up their minds about the social media app before the CEO’s testimony even started, with the House Committee on Energy and Commerce chair Representative Cathy McMorris Rodgers kicking off the hearing by telling Chew: “Your platform should be banned.”
The $30 billion dollar rescue of First Republic bank by a collective of Tier-1 financial institutions is strangely reminiscent of a practice used to prevent bank failures as far back as the early 20th century, according to a professor of finance at Cornell University.
Back then, bank runs occurred frequently, culminating in the panic of 1907. In response, the US established the Postal Savings system in 1911 to allow consumers to deposit money at Post Offices in addition to banks.
GlobalBlock Digital Asset Trading Ltd (TSX-V:BLOK, OTC:BLVDF) told investors that it has entered into a Business Disposition Agreement with GlobalBlock Ltd (GB UK) and the original shareholders and founders of GB UK to transfer GB UK and its digital asset broker business back to the founders.
In return, the company said the GB UK Founders will return the 48,450,000 common shares of GlobalBlock collectively held by them, which were originally issued to the founders when GlobalBlock acquired GB UK in 2021. It noted that the disposition transaction is considered a non-arm's length transaction because it involves non-arm's length parties.
Avricore Health Inc (TSX-V:AVCR, OTC:AVCRF), which is focused on delivering point-of-care testing and data solutions for pharmacies through its turnkey solution HealthTab, revealed that it has expanded its HealthTab network to the point where it has crossed 532 locations.
The Vancouver-based pharmacy service innovator said that in 100 of these locations it will be deploying Abbott’s ID Now, either in combination with Afinion 2 or as a standalone for virus detection and to assess the demand for infectious disease screening in community pharmacies.
Travelzoo (NASDAQ:TZOO) stock held onto Wednesday’s gains after the company reported strong fourth quarter operating results supported by its North America segment, warranting its ‘Outperform’ rating and a higher price target from analysts at Noble Capital.
Shares of the global internet media company that provides exclusive offers and experiences for members traded at $5.28 in early Thursday afternoon trade in New York following Wednesday’s 13% jump.
Mangoceuticals shares have dropped nearly 10% Thursday, the second straight day of big losses for the men’s wellness company after it went public on Tuesday.
Shares of the Dallas-based company debuted at $4.20 Tuesday morning but had dropped to $3.05 by Wednesday’s closing bell.
Wall Street firm Wells Fargo has ranked financial instability over inflation as the biggest risk facing the American economy for the next three months.
The firm’s head of macro strategy Michael Schumacher told CNBC’s “Fast Money” in an interview following the Federal Reserve’s 0.25% interest rate hike on Wednesday that policymakers were underestimating how quickly tightening credit conditions could hurt the economy.
Fabled Copper Corp. (CSE:FABL) said it has entered into two separate letters of intent and one purchase agreement to acquire three lithium claim blocks in Quebec.
The first letter of intent covers the OHM property, which consists of 51 contiguous cells comprising 2,856 hectares located approximately 70 kilometers south of Val D'Or.
The Securities and Exchange Commission (SEC) has charged eight celebrities with promoting cryptocurrencies without disclosing that they were paid to do so and the amount of their compensation.
Actress Lindsay Lohan, YouTuber Jake Paul, singer-songwriter Austin Mahone, and rapper Soulja Boy (whose legal name is DeAndre Cortez Way) were among those charged for illegally promoting cryptocurrencies Tronix (TRX) and BitTorrent (BTT), the SEC said Wednesday.
Shares of the Jack Dorsey-led payments app Block sank dramatically Thursday after short-seller Hindenburg Research announced the company was its latest short position.
Hindenburg accused Block, formerly known as Square, of allowing criminal activity on the app due to a lack of control bordering on a “Wild West approach to compliance.”
Fears of financial market contagion in the wake of the Silicon Valley Bank crisis have driven investors to the perceived safe haven store of value that gold offers.
The price of the yellow metals has been driven up by about US$150 per ounce over the past two weeks, trading at US$1,981.80 shortly before noon on Thursday.
Great Atlantic Resources Corp (TSX-V:GR) said it has identified a new priority target zone of gold soil anomalies at its Keymet precious metal and base metal property in New Brunswick.
The company said in a statement that 26 of its 2022 soil samples submitted for gold assay and multi-element analysis returned anomalous values of 0.005 to 0.049 parts per million (ppm) gold (44% of samples analyzed for gold) with twelve samples returning 0.012 to 0.049 ppm gold (20% of samples analyzed for gold).
Moderna CEO Stéphane Bancel faced sharp criticism at a US Senate hearing Wednesday over the company’s plan to quintuple the price of its Covid vaccine when it hits the private market.
Moderna intends to increase the list price of its vaccine to $130 for the private market, compared to the $26 per dose the company has been charging the US government. The shots could be available on the private market as early as this fall.
Carlyle Commodities Corp (CSE:CCC, OTCQB:CCCFF) has announced the closing of a non-brokered private placement under which it issued an aggregate of 1,341,666 units, at $0.15 each, for gross proceeds of $201,250.
The mineral exploration company said proceeds of the offering are expected to be used for general working capital purposes, adding that it will not be proceeding with any further tranches of the previously-announced private placement.
Skittles, Hot Tamales, Dubble Bubble Twist Gum and other candies could be banned in California as a new bill seeks to prohibit processed foods containing chemicals lawmakers say are “toxic and dangerous.”
Introduced by Assemblyman Jesse Gabriel (Democrat), Assembly Bill 418 would ban the manufacture, sale, or distribution of any food product in the state containing Red Dye No. 3, Titanium Dioxide, Potassium Bromate, Brominated Vegetable Oil, or Propyl Paraben.
French pharma multinational Sanofi's Dupixent drug has achieved impressive results in a late-stage trial to treat chronic obstructive pulmonary disease (COPD), aka ‘smoker's lung’.
Developed jointly with US biotech group Regeneron, Dupixent caused a 30% reduction in moderate or severe acute exacerbations of COPD among a trial group of 939 current or former smokers.
C3 Metals Inc (TSX-V:CCCM, OTC:CARCF) announced results from an initial scout drilling program at its Arthurs Seat project in Jamaica.
Ten scout holes tested extensive epithermal quartz breccias exposed north of the Crawle River-Rio Minho Fault Zone (CRFZ), a new and emerging porphyry–epithermal belt. Although first-pass drilling did not intersect high-grade shoots that are common to these systems, broad zones of lower-grade gold mineralization with small intervals of high grade (0.6m at 7.63 grams per tonne of gold) have been confirmed within telescoped porphyry-style alteration and mineralization.
Bombardier (TSX:BBD.B) shares have taken flight after the Montreal, Canada-based business jet manufacturer announced it is targeting revenue of US$9bln in 2025, up from US$7.5bln.
The company said on Thursday that it was updating its 2025 objectives “based on strong business execution and confidence in business fundamentals.”
Predictmedix Inc, a provider of health screening solutions powered by artificial intelligence (AI), has announced the expansion of its non-invasive impairment detection technology for vertical-specific applications.
The Toronto-based company updated investors on the functionality and application of its technology across specific verticals after the US Patent Office granted it a key patent for its AI-powered technology for the non-invasive detection of impairment caused by alcohol and/or cannabis.
Accenture (NYSE:ACN) plans to cut 19,000 jobs or about 2.5% of its workforce and has lowered its annual revenue and profit forecasts, becoming yet another tech firm to trim costs amid challenging economic conditions.
The Dublin-based IT services and consultancy company revealed in an SEC filing on Thursday that it plans to carry out the job cuts over the next 18 months, with half of the departures expected to be people in its non-billable corporate functions.
Sidus Space Inc (NASDAQ:SIDU) has unveiled a video from its partner, Markforged, who is a key player in its 3D-printed LizzieSat satellites.
The Space-as-a-Service satellite company said Markforged, a renowned additive manufacturing corporation, is the innovator behind The Digital Forge—a full-spectrum industrial platform of 3D printers, software, and materials that empowers manufacturers such as Sidus Space to craft parts when and where they need them.
Nasdaq-listed cryptocurrency exchange Coinbase Global Inc (NASDAQ:COIN) has received a Wells Notice from US regulator the Securities and Exchange Commission (SEC), a move that analysts have called an “ominous sign” and a likely precursor to an enforcement action.
Coinbase’s altcoin trading and staking products are under review and at risk if the SEC determines that the products constitute unregistered securities.
The world’s first 3D-printed rocket was successfully launched on Wednesday night and met some mission objectives before failing to reach orbit.
Relativity Space’s 3D-printed Terran 1 rocket took off from the US Space Force’s facility in Cape Canaveral, Florida and flew for about three minutes before an anomaly prevented it from reaching orbit.
Iris Energy Limited (NASDAQ:IREN) announced that, following the start of installation of its newly-acquired miners, it has increased its operating hashrate to a current level of 2.0 exahashes per second (EH/s), which is part of the company’s recently-announced increase in self-mining capacity to 5.5 EH/s.
The sustainable Bitcoin mining firm said an additional 0.8 EH/s of miners have been delivered and are in various stages of unboxing, transportation between sites and installation, while the remaining 2.7 EH/s of miners are in transit with progressive deliveries scheduled between now and the end of March with the majority expected to be operational shortly thereafter.
NorthWest Copper Corp (TSX-V:NWST) announced positive results from its 2022 Lorraine drilling program, the first drilling conducted by the company on this property.
Lorraine is located approximately 40 kilometers north of NorthWest’s flagship Kwanika-Stardust project. The proximity to Kwanika-Stardust, the high-grade near-surface resource and the significant exploration potential have made it NorthWest’s exploration priority for 2023, the company said.
Trillion Energy International Inc. (CSE:TCF, OTCQB:TRLEF) has provided summary results of its third-party December 31, 2022, year-end reserve report, saying its 2022 exploration and development efforts have paid off resulting in very substantial increases in reserves and values during the year.
The Canadian oil and gas producer’s CEO Dr Arthur Halleran commented in a statement: “It is our plan to realize the reserves' value through a development program extending throughout 2023 and beyond. We expect that our 2023 drilling program will further increase our reserves and cash flows. Our reserves values represent a substantial intrinsic value to shareholders.”
Therma Bright Inc (TSX-V:THRM, OTC:TBRIF) has announced that it is preparing to launch DCT, its digital cough data collection and screening smartphone applications, along with AI4LYF.
The company said that follows its acquisition of the exclusive worldwide licensing rights to market and sell products based on AI4LYF's Digital Cough Technology (DCT).
Troilus Gold Corp (TSX:TLG, OTCQX:CHXMF) reported impressive assay results showing the continuity and strong grade profile of the newly discovered X22 Zone at its Troilus project in the Frôtet-Evans Greenstone Belt, in Quebec, Canada.
The Montreal-based junior mining company said the results form part of an ongoing 6,500-metre (m) drill campaign designed to define and expand the new zone of mineralization discovered in late 2022.
Google is likely to receive unconditional EU antitrust clearance for its acquisition of the Croatian math app, Photomath, according to Reuters citing people close to the matter.
In recent months, merger deals involving US tech giants and start-ups have faced intense regulatory scrutiny on both sides of the Atlantic due to concerns that some acquisitions may be "killer acquisitions" aimed at eliminating emerging competitors.
Thesis Gold Inc (TSX-V:TAU) has announced further assay results from the 2022 summer drill program at its Ranch Gold Project in British Columbia's Toodoggone mining district.
The company highlighted drill hole 22TH2DD012, which returned 8.79 metres (m) core length of 11.97 grams per tonne (g/t) gold (Au). It said the results push the boundaries of the Bingo, Thesis III, and Thesis II zones, demonstrating gold mineralization along the over 1.5-kilometer (km) Thesis Structural Corridor.
Ford Motor Company (NYSE:F) expects its electric vehicle (EV) business to lose $3bln this year but affirmed that it remains on track to achieve its objective of an earnings before interest and taxes (EBIT) margin of 8% by late 2026.
The company said in a statement that its 8% margin target was tied to its planned global EV run rates of 600,000 by the end of 2023 and 2mln by the end of 2026.
QC Copper and Gold Inc. (TSX-V:QCCU, OTCQB:QCCUF) has reported results from an additional 13 diamond drill holes at its Opemiska project in Quebec, revealing multiple wide stacked intersections of copper mineralization.
These results continue to emphasize the gold-rich nature of the veins in the southern part of the Springer conceptual pit and highlight high copper grades on Perry and the open pit resource potential of the Eastern Veins, the company said.
HighGold Mining Inc (TSX-V:HIGH, OTCQX:HGGOF) has said it intends to raise gross proceeds of up to C$7 million in a non-brokered private placement financing of up to 10,606,060 common shares of the company at a price of $0.66 each.
The net proceeds of the offering are expected to be used for exploration and development initiatives in connection with the company's Johnson Tract project and for working capital and general corporate purposes.
Context Therapeutics (NASDAQ:CNTX) has announced a portfolio prioritization and capital allocation strategy that is expected to extend its cash runway into late 2024.
Releasing its full-year 2022 financial statements, the Philadelphia-based women’s oncology company said the resulting changes include discontinuing the development of onapristone extended-release (ONA-XR) and focusing on the development of CTIM-76, its Claudin 6 (CLDN6) bispecific antibody clinical candidate.
Copper Fox Metals Inc (TSX-V:CUU, OTCQX:CPFXF) has said that in the first quarter ended January 31, 2023, its exploration expenditures spent mainly on developing the Van Dyke, Mineral Mountain and Eaglehead copper projects reached $134,583.
Announcing its first-quarter unaudited interim consolidated results, the company said that during the period it provided analytical results for six of the 11 drill holes completed as part of the 2022 metallurgical drill program at the Schaft Creek project. It also provided an update and detailed plans for its Van Dyke project. Further, the company provided an update on the Eaglehead project including the receipt of the Mines Act permit to conduct activities.
Nextech3D.ai (CSE:NTAR, OTCQX:NEXCF) - formally Nextech AR Solutions Corp - has announced its AI-powered Software-as-a-Service (SaaS) CAD to 3D Design Platform, Toggle3D has crossed over 1,000 sign-ups on the platform.
Toggle3D enables the conversion, texturing, customizing and sharing of the highest quality 3D models at scale, using CAD files. Since the Beta launch, the platform has attracted a variety of users such as designers, developers, 3D artists, entrepreneurs and creators, reaching over 1,000 users on the platform within two months, which is a 963% increase since the start of the year.
Amazon.com Inc workers could launch further strikes after labelling a pay rise from the retail giant “an insult”.
The eCommerce retailer had announced it would be raising starting salaries by 50p to between £11 and £12 an hour on Wednesday, though members from GMB Union suggested this was not enough.
ARM Holdings wants to raise prices for its chip designs as the SoftBank-owned firm aims to boost revenues ahead of a keenly awaited IPO in New York this year.
A report in the Financial Times said the UK-based group, which designs blueprints for semiconductors found in more than 95% of all smartphones, has recently informed several of its biggest customers of a radical shift to its business model.
Bitcoin and Ethereum both fell in the last 24 hours, but the former has performed stronger than major indices this last month.
Bitcoin, the largest coin by market cap, slipped 2% to US$27,641, although the ‘digital gold’ is still up 12% in the last week.
PureTech Health PLC (LSE:PRTC, NASDAQ:PRTC, OTC:PTCHF) shares jumped 10% higher after it agreed a US$500mln royalty deal, US$100mln of which will be paid upfront.
In the first half hour of trading the shares were up 21.49p at 224.49p.
Bens Creek Group PLC (AIM:BEN, OTC:BENCF) said that all components for a second highwall miner (HWM) are now on-site at its West Virginia metallurgical coal mine.
The firm said that all components for unit 77 from Bens Creek's highwall mining contractor Mega Highwall Mining LLC, have now arrived on site following a short delay.
A ChatGPT bug exposed some users' conversation titles, it emerged overnight. Social media platforms, including Reddit and Twitter, witnessed users sharing images of chat histories that did not belong to them.
OpenAI CEO Sam Altman admitted the error was "significant", but assured that it had been resolved.
Eden Research PLC (AIM:EDEN, OTCQB:EDNSF) said it has received regulatory approval in 17 US states for its formulated biofungicide Mevalone.
Cedroz, its post-planting nematicide, has received regulatory approval in eight US states, it added.
88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) told investors it has completed the surface hole of the Hickory exploration well and is now preparing to drill the next section of the well down to its three primary reservoir targets.
The company, in a statement, said it has completed the installation of surface casing and a blow-out preventer.
Latin Resources Ltd (ASX:LRS) has highlighted the presence of a ‘major’ new pegmatite swarm, demonstrating the potential for resource growth at its Colina West Prospect within the Salinas Lithium Project in Brazil.
Assays from resource definition drilling have confirmed the presence of multiple thick high-grade pegmatites at Colina West, including:
Prestigious scientific journal Nature Communications has featured Pharmaxis Ltd (ASX:PXS, OTC:PMXSF)’s peer-reviewed data from a preclinical collaboration with the University of Heidelberg that demonstrates a strong rationale for the treatment of several blood cancers.
The trial investigates the role of lysyl oxidase enzymes in myelodysplastic syndrome (MDS) and the effect of combining 5‐azacytidine (5‐AZA) with Pharmaxis’ pan‐lysyl oxidase inhibitor PXS‐55051.
Rakovina Therapeutics Inc said the TSX Venture Exchange has consented to the extension in the expiry date of 11,414,750 warrants with an original expiry date March 24, 2023, to a new expiry date March 24, 2024, with an unchanged exercise price of 40 cents. The warrants were issued under a private placement of 22,829,500 shares with 11,414,750 share purchase warrants attached, which was accepted for filing by the exchange effective March 30, 2021.
Plurilock Security Inc has announced that its wholly-owned subsidiary, Integra Networks Corporation, has received a C$3.4 million purchase order from the Department of National Defence. The Department of National Defence provides support to the Canadian Armed Forces in its role of defending Canadians’ interests at home and abroad. According to the terms of the purchase order, Integra will deliver IT solutions to the Department of National Defence. “We are pleased to receive a C$3.4 million purchase order from the Department of National Defence,” said Ian L. Paterson, CEO of Plurilock. “Government organizations require advanced cybersecurity solutions to protect themselves from increasingly sophisticated cyber-attacks. Overall, we aim to continue helping federal or state organizations in North America bolster their cyber defenses.”
FansUnite Entertainment Inc has announced that it will file its audited consolidated financial statements and associated management's discussion and analysis for the year ended December 31, 2022 on Thursday, March 30, 2023. The management team of FansUnite will host an investor webinar to discuss the company's Fiscal 2022 financial results and growth outlook at 10.00am EST on Friday, March 31, 2023. Interested parties can register at: https://us02web.zoom.us/webinar/register/WN_NxfcPfWGS3KIXxm9NYX0kg The company’s preliminary unaudited Fiscal 2022 financial results were reported on February 7, 2023.
Genprex Inc chairman, president and chief executive officer, Rodney Varner has commended the US Food and Drug Administration's (FDA) initiative that aims to expedite the development of gene therapies for patients with rare diseases. As such, the FDA announced that it will support using biomarkers as substitutes for other biological indicators in gene therapy clinical trials, accelerating the approval process for companies. "The FDA's efforts to streamline the regulatory process will help bring much needed therapies to patients more efficiently," said Varner. "This is a positive development for Genprex as we continue to advance our pipeline of gene therapies for patients with limited treatment options. This decision by the FDA also underscores the potential role of gene therapy to provide long-lasting and even curative treatments for diseases that are currently difficult to manage or are untreatable."
American Resources Corporation announced that it will report its fourth quarter and full year 2022 financial results on Thursday, March 30, 2023. The American Resources management team will host a conference call and live audio webcast to provide a business outlook at 4:30 PM ET that same day. Interested participants and investors may access the conference call by dialing (877) 407-4019 and referencing American Resources Corporation's Fourth Quarter and Year End 2022 Conference Call, or by the webcast link: here. An audio replay will be available on the company's website following the call.
ACME Lithium Inc has announced that it CEO Steve Hanson will participate in the Electric Vehicle and Auto Tech Virtual Conference, presented by Maxim Group and hosted by M-Vest, on Thursday, March 30, 2023. Hanson will participate in the "Mining for Electric Vehicles" panel at 10 AM EDT. Ongoing adoption of electric vehicles, more technology in automobiles, and lighter and more efficient batteries can create opportunities for companies in many sectors. Executives involved in different parts of the electric vehicle and auto tech markets will discuss future opportunities and sector changes. This conference will be live on M-Vest. To attend, just sign up to become an M-Vest member. Click Here to Reserve Your Seat.