With battery minerals on the rise, Corazon Mining Ltd (ASX:CZN) is buoyed by further lithium upside at its Miriam Nickel Project in WA’s Eastern Goldfields.
A recent soil sampling program — focused on an emerging spodumene-bearing pegmatite discovery that returned up to 1.85% lithium oxide — has expanded the lithium target to roughly 1.6 kilometres long and 300 metres wide.
Willow Biosciences Inc (TSX:WLLW, OTCQB:CANSF) has announced the appointments of its chief operations officer Chris Savile to the position of company president and CEO, as well as Willow Biosciences director Trevor Peters as its new chairman, effective March 28, 2023.
The biotechnology firm said the moves follow the retirement of its president and CEO Peter Seufer-Wasserthal, who will continue to serve as a company director.
Occidental Petroleum Corporation (NYSE:OXY) shares rose nearly 4% to $61.76 on Tuesday after a regulatory filing showed that Warren Buffett’s Berkshire Hathaway purchased an additional 3.7 million shares in Occidental, one of the largest oil producers in the US, between March 23 and March 27, 2023, valued at about $216 million.
Berkshire also purchased 8 million shares of OXY stock between March 13 and March 16, as well as adding about 6 million shares earlier in the month.
AMC Entertainment Holdings (NYSE:AMC) Inc shares surged Tuesday after a report came out that Amazon was exploring opportunities to buy the theater chain.
Amazon founder Jeff Bezos tapped his investment advisors and entertainment executives to investigate a possible acquisition, according to a report from The Intercept citing people familiar with the matter.
The list of indictments against disgraced FTX founder Sam Bankman-Fried got longer again on Tuesday morning.
US prosecutors unsealed an indictment accusing Bankman-Fried of paying a $40 million bribe to Chinese officials in order to unfreeze accounts belonging to his hedge fund Alameda.
Microsoft on Tuesday launched an assistant for cybersecurity professionals powered by OpenAI’s latest GPT-4 generative artificial intelligence (AI) model called Microsoft Security Copilot.
The company said the tool combines the large language model with a security-specific model from Microsoft which leverages its unique global threat intelligence informed 65 trillion daily signals.
Apple is giving Apple Pay users the opportunity to split purchases into four payments made over six weeks.
The company announced Apple Pay Later on Tuesday, with a prerelease version being made available to select users. The plan is to expand to all eligible users in the coming months, Apple said.
First Phosphate Corp. (CSE:PHOS) announced that it has finalized a joint lithium iron phosphate (LFP) homologation agreement and LFP production technology licensing agreement with UK-based Integrals Power Limited.
The company said the agreement, which was entered into on January 10 before becoming effective on March 24, could serve to anchor its future LFP cathode active material production facilities. It is currently of unknown potential future monetary value, it added.
Silver Range Resources Ltd (TSX-V:SNG, OTC:SLRRF) revealed that it has inked a generative alliance agreement with Altius Minerals Corporation (TSX:ALS) incorporating the terms of a letter of intent signed on February 21, 2023.
Under the terms of the alliance, Altius subscribed for 3.33 million Silver Range Resources shares for a total consideration of $500,000. It has also agreed to a generative alliance in the southwest United States whereby Altius will acquire a 1% net smelter return (NSR) royalty interest on three Silver Range projects staked within a specified area of interest.
WildBrain Ltd has signed an agreement to acquire animation pre-production company House of Cool for $15.5 million.
The kids and family entertainment company called the acquisition “a strategic extension of WildBrain's focus on creative excellence,” with a focus on premium animated series.
The 2023 federal budget includes a grocery rebate that will help lower-income Canadians struggling with rising food prices, according to media reports.
A senior government official told CBC News the measure was worth north of $2 billion and would benefit nearly 11 million households.
Lundin Mining Corporation (TSX:LUN) is buying a majority stake in the Caserones copper mine located in Chile for about $950 million to increase the Canadian miner’s exposure to the highly desired base metal in a Tier-1 mining jurisdiction.
The company said it has entered into a binding purchase agreement with JX Nippon Mining & Metals Corporation to acquire a 51% stake in SCM Minera Lumina Copper, a subsidiary of JX which operates the Caserones copper-molybdenum mine.
Crescent Point Energy Corp (TSX:CPG) has announced plans to buy Spartan Delta Corp's oil and gas assets in the Montney region of Alberta for C$1.7 billion (US$1.24 billion).
Calgary-based Crescent Point said its 600 new Montney locations are adjacent to the Kaybob Duvernay assets that it bought over the past two years. The locations offer 20 years of drilling inventory and add 38,000 barrels of oil equivalent per day (boepd) of production capacity.
PVH Corp. (NYSE:PVH) has reported fourth-quarter and full-year 2022 results that beat its guidance and forecast double-digit growth in 2023 earnings, sending its shares more than a fifth higher in early trade.
The owner of brands that include Calvin Klein and Tommy Hilfiger said fourth-quarter revenue increased 2% to $2.49 billion and was 8% higher on a constant currency basis. That was above Wall Street estimates of $2.36 billion and its own guidance for a 4% decrease.
Viking Therapeutics (NASDAQ:VKTX) shares had added more than 55% on Tuesday after the biopharmaceutical company published positive early-stage data for its drug candidate targeting obesity VK2735.
The company said in the multiple ascending doses (MAD) portion of the study, it observed up to 6% placebo-adjusted mean weight loss, 7.8% from baseline, after 28 days.
Marble Financial Inc, an artificial intelligence powered financial technology company, has announced a business partnership with Turnover Technologies channeling their flagship product TurnoverCRM.
Vancouver-based Marble noted that TurnoverCRM is an “industry leading” technology platform for the underbanked car industry in Canada. It’s designed for auto dealerships wanting to streamline their sales process and sell more cars. TurnoverCRM automates the entire lead qualification process and tracks the direct return on investment (ROI) associated with a dealership’s marketing spend from the time the lead has been sourced to the time a consumer drives away with a car after buying it.
Walgreens Boots Alliance shares moved higher on Tuesday morning after it posted second quarter fiscal 2023 results that beat Wall Street’s expectations on both the top and bottom lines.
The pharmacy store chain said its quarterly profit declined by more than 20% year-over-year, driven by significantly lower COVID-19 vaccine and testing volumes.
SPC Nickel Corp (TSX-V:SPC, OTC:SPCNF) said it has entered into an option agreement with Bathurst Metals Corp, giving it the right to acquire a 100% interest in the McGregor Lake and Speers Lake properties located within the Kitikmeot Region of western Nunavut.
After the deal, SPC Nickel will control nearly 650 square kilometers of the highly prospective Muskox Intrusion, representing one of the last remaining camp scale nickel-copper-platinum group metal (PGM) opportunities in North America.
Sidus Space Inc (NASDAQ:SIDU) said it has successfully completed critical command and data system testing required for the mission success of its LizzieSat constellation.
With this testing complete, Sidus said LizzieSat was one step closer to its manifested 2023 launch from Cape Canaveral, Florida, on a SpaceX Falcon 9 rocket.
Namibia Critical Metals (TSX-V:NMI, OTCQB:NMREF) told investors that its common shares have been approved for trading on the OTCQB Venture Market under the symbol 'NMREF'.
The company explained that it had already established a degree of liquidity on OTC Markets through a Pinks quotation and the decision to commence trading through the higher‐profile OTCQB now enables it to engage a far greater network of North American investor, data and media partners, thereby significantly expanding the potential pool of investors in, and followers of, the company from the US and other jurisdictions.
Progressive Planet Solutions Inc (TSX-V:PLAN) has appointed environmental, social and governance thought leader Suzanne Davis-Hall to its board of directors as an independent member.
Davis-Hall founded and directed ESG strategy at GenESG Inc, providing expertise and advice on sustainability strategies to various industries. She also served as vice president of ESG at Foran Mining Ltd, where she was responsible for the company's ESG strategy, decarbonization roadmap and project permitting.
Avicanna Inc (TSX:AVCN, OTCQX:AVCNF), a biopharmaceutical company focused on the advancement and commercialization of cannabinoid-based products, revealed that Shoppers Drug Mart has selected the company as its partner to transition its Medical Cannabis by Shoppers business.
The Toronto-based company said Shoppers will continue to support patients throughout the transfer of assets and services to Avicanna, which it anticipates will take place over the next three months.
Talon Metals Corp. (TSX:TLO), through its subsidiary Talon Nickel USA LLC, is working with EnviCore Inc to study the latter company’s technology that avoids the creation of mine waste during mineral processing.
EnviCore’s process turns mine tailings into value-added products for the building, construction and infrastructure industries. The product would replace primary raw materials in legacy cement and concrete production that require significant CO2 emissions in processing, the company said.
Trillion Energy International Inc (CSE:TCF, OTCQB:TRLEF) has announced positive flow test results for the West Akcakoca-1 natural gas well at the SASB gas field, offshore Turkey.
The company said the West Akcakoca well two lower 'D' sands, with a combined total of 7 metres of natural gas pay, were perforated on March 24, 2023. These two zones were flow tested at a rate of 5.9 million cubic feet per day (MMcf/day), and shut-in pressure was 1620 psi.
Fathom Nickel (CSE:FNI) has announced the preliminary modelling of several robust off-hole, borehole electromagnetic (BHEM) conductors associated with five drill holes at its Gochager Lake project in Saskatchewan.
Importantly, the company said all five drillholes probed — two recent and three historic — illustrate BHEM responses associated with in-hole mineralization as well as significant off-hole responses.
1606 Corp announced that it has entered into a product distribution agreement with one of the industry’s premier CBD distribution companies, Cool Blue Distribution.
From April 1, 2023, the new distributor will represent the 1606 line of products under the brand of 1606's subsidiary Brio Nutrition on a compensated and incentivized basis, the company said in a statement.
Mindset Pharma Inc (CSE:MSET, OTCQB:MSSTF). is expanding its drug discovery efforts into novel non-hallucinogenic therapeutics in light of the success of its psychedelic therapeutic programs, the company’s CEO James Lanthier highlighted in a letter to shareholders.
Lanthier told shareholders that the company entered 2023 with a robust pipeline of novel psychedelic-inspired drug candidates advancing toward first-in-human clinical trials.
Adamas One Corp. (NASDAQ:JEWL) told investors that it expects to begin generating additional revenue by mid-summer 2023 based on current levels of production following a ramp-up of its expanded factory facilities in Greenville, South Carolina.
In a business update, the company said it now has 12 full-capacity reactors that are growing diamonds at a rate of approximately 3,000 rough carats a month.
The gold price is up 7.2% since the start of the year, but it has been far from plain sailing.
Starting the year at US$1,824 per ounce, the price steadily rose during January reaching a high of US$1,953 per ounce in early February before falling to a low of US$1,811 per ounce at the end of the month.
CULT Food Science Corp (CSE:CULT, OTCQB:CULTF) told investors it has signed a binding letter of intent (LOI) to acquire Because Animals Inc.'s consumer brand assets, related patents, non-scientific intellectual property, and product formulations.
Founded in 2016 and backed by prominent venture capital firms including Draper Associates and SOSV and Norwegian conglomerate Orkla, CULT noted that Because Animals is a sustainable pet food company known for its innovative use of ethical ingredients such as cultured meat. It was also awarded the Purina Pet Care Innovation Prize in 2020.
Manhattan District Judge Jennifer Rearden has thrown up a roadblock for cryptocurrency exchange Binance’s proposed US$1.3bn acquisition of bankrupt crypto broker Voyager Digital (CSE:VYGR, OTCQX:VYGVF).
Intended to be completed through Binance’s US subsidiary, the acquisition was initially cleared by the Bankruptcy Court, but has since garnered appeals from the Department of Justice’s bankruptcy watchdog.
Revive Therapeutics Ltd (CSE:RVV, OTCQB:RVVTF) said it has enrolled the first patient in its phase I/II clinical study (NCT05322954) evaluating the safety and feasibility of oral psilocybin as a potential treatment for methamphetamine use disorder.
The investigator-initiated IND (investigational new drug), led by Dr. Christopher Nicholas, is being conducted at the University of Wisconsin-Madison, School of Medicine and Public Health and School of Pharmacy.
Predictmedix Inc. (CSE:PMED, OTCQB:PMEDF) has noted that its AI-powered technology, powering the Safe Entry Station was featured in a major Indonesian newspaper on March 27, confirming the effectiveness of the technology as well as its potential for healthcare.
Safe Entry uses a fully patented system to rapidly and autonomously screen for individuals' key vitals. It is a non-invasive, contactless solution that uses AI-powered technology to assess multiple symptoms and indicators, including temperature, heart rate, and respiratory rate, to quickly identify potential health risks.
ARway Corporation (CSE:ARWY, OTC:ARWYF), which automates the creation of 3D spatial maps from 2D floor plans creating a digital twin which can be populated with an array of AR experiences, said it now offers Artificial Intelligence (AI) powered floor plan alignment, with positioning and re-localization, and expanded map analytics capabilities.
The company said it believes these enhancements will contribute to its continual increase in market share of the estimated $42 billion global indoor positioning and indoor navigation (IPIN) market.
Vicinity Motor Corp. (TSX-V:VMC) has announced the closing of a non-brokered private placement of unsecured convertible debentures for gross proceeds of C$4 million.
Net proceeds from the private placement will be deployed to accelerate vehicle production and deliveries in the company's existing US$150 million order backlog, Vicinity said.
Usha Resources Ltd (TSX-V:USHA) said it has made the first acquisition of its planned expansion into the hard-rock pegmatite lithium space, with the purchase of an option on the White Willow Lithium-Tantalum Property in Ontario
The company has executed an option with 2758145 Ontario Ltd for the right to purchase an undivided 100% interest in 712 unpatented mining claims located in the Thunder Bay Mining Division near Atikokan, Ontario.
Edison Lithium Corp. (TSX-V:EDDY, OTCQB:EDDYF) has provided an update on the proposed spin-out of its cobalt assets in northeastern Ontario, the Kittson Cobalt Property, into a newly incorporated subsidiary.
The proposed spin-out will be carried out through a statutory plan of arrangement under the Business Corporations Act (British Columbia). Under the plan, Edison shareholders will receive one share in the spin-out company for every eight common shares of Edison they hold.
Sonoro Gold Corp (TSX-V:SGO, OTCQB:SMOFF) has filed a Mineral Resource Estimate (MRE) for its Cerro Caliche project in Mexico’s Sonora State which it says highlights its intrinsic value.
The company noted that the National Instrument 43-101 technical report is based on a total of 55,360 meters (m) of drilled data including 498 drill holes, 17 trenches and assays for 53,865m of the drilled data.
Givex Corp (TSX:GIVX, OTCQX:GIVXF) has announced the completion of its integration with Chatter by Stingray, a leading provider of customer feedback solutions for the restaurant and retail industries.
Chatter's conversational platform engages with customers in real-time, providing Givex merchants with a powerful tool to measure customer satisfaction.
Condor Gold PLC (AIM:CNR, TSX:COG, OTC:CNDGF) booked a pre-tax loss of £2.5mln for the year to 31 December 2022, up slightly on the loss booked for the corresponding period a year earlier.
Cash in the bank stood at £2.4mln, with the company’s La India gold project in Nicaragua held on the balance sheet as an asset classified as held for sale and valued at £42.9mln.
Amaroq Minerals Ltd (TSX-V:AMRQ, AIM:AMRQ) said it has agreed non-binding heads of terms, subject to final documentation, for US$49.5 million in debt financing to help it accelerate production and cash flow generation at its cornerstone Nalunaq gold development project.
The debt package comprises US$18.5mln in senior debt, US$21mln in convertible notes and a US$10mln cost overrun loan.
Terra Uranium Ltd (ASX:T92) has wrapped up the winter reverse circulation (RC) drilling stage of its ongoing maiden exploration program seeking major uranium deposits under cover at the 100%-owned Pasfield and Parker projects in Canada.
The company holds a 100% interest in 22 claims spanning 1,008 square kilometres forming the HawkRock Project, Parker Lake Project and Pasfield Lake Project in the Cable Bay Shear Zone (CBSZ) on the eastern side of the uranium-rich Athabasca Basin, north-eastern Saskatchewan, Canada.
Prospector Metals Corp said it has closed its previously announced non-brokered private placements consisting of Ontario charity flow-through units offered at a price of $0.28 each and Ontario flow-through units offered at a price of $0.21 rach for gross proceeds to the company of $1,140,130. In connection with the closing of the offering, the company issued an aggregate total of 4,644,513 flow through units with each flow through unit being comprised of one flow through share and one half of one common share purchase warrant. Each warrant is exercisable into one common share of the company at an exercise price of $0.30 for a period of two years from the date of issue. Prospector said it intends to use the gross proceeds of the offering for a diamond drilling program at the Company's Whitton Ni-Cu Project in Ontario, anticipated to begin at the beginning of April, and for advancing the company's portfolio of nickel and gold projects in Ontario. Prospector also said it has granted, under its Equity Incentive Plan, incentive stock options to certain directors, officers and consultants of the company to purchase an aggregate of up to 1,946,000 common shares exercisable for a period of up to five years from the date of grant at a price of $0.21 per share. This grant is subject to acceptance by the TSX Venture Exchange.
Soma Gold Corp said that, subject to regulatory approval, it is granting a total of 800,000 stock options to employees of the company to purchase common shares of the company in accordance with its equity incentive plan. Of the total, 300,000 options vest immediately, 500,000 options vest in halves over two years, and all are issued at an exercise price of 46 cents per common share; 300,000 options expire five years and 500,000 options expire three years from the date of issuance. Upon completion of this grant, there will be 6,625,332 options and restricted stock units granted under the plan, representing 7.27% of the outstanding shares of the company.
Rio2 Limited announced that the disinterested shareholders of the company have approved the security based compensation to non-arms’ length parties previously announced on January 5, 2023 at the company’s special meeting of shareholders held on Monday, March 27, 2023. The Security Based Compensation for services to certain non-arm’s length parties to the company was approved by 99.00% of the votes cast by disinterested shareholders.
East Side Games Group Inc has said it will release its fourth quarter 2022 financial results on Friday, March 31, 2023, after the market close. Following the release, the company will hold a webcast and conference call to discuss its performance with the investment community at 2.00pm PT on the same day. Conference call details: Toll-free dial-in number 1-888-396-8049; Local dial-in number 1-416-764-8646; Conference ID: 83612382. A replay will be available by dialling 1-877-674-7070 or 1-416-764-8692 and entering passcode 612382 followed by the number sign.
Algernon Pharmaceuticals Inc has arranged a rights offering to eligible shareholders of record at the close of market on March 29, 2023. A holder resident in an eligible jurisdiction will be offered one transferable right for each share held. Each right entitles you to subscribe for one unit of Algernon at a subscription price of 25 cents per unit. Each unit will consist of one share and one transferable share purchase warrant. Each warrant entitles the holder to purchase one additional share at the exercise price of 52 cents. The rights will begin trading on March 28, 2023, under the symbol AGN.RT. The rights will expire at 2.00pm PT on April 27, 2023. Trading in the rights will be halted at noon on April 27, 2023.