Trillion Energy International Inc. (CSE:TCF, OTCQB:TRLEF) has announced the results of its January reserve report update for the SASB gas field, revealing a significant increase due to additional discoveries.
Trillion’s share of proved and probable conventional natural gas reserves (P2) in the field increased to 63.3 billion cubic feet (BCF) up from 48.6 BCF at the end of 2022, an increase of 30%.
Immunic Inc (NASDAQ:IMUX) has announced positive data from the maintenance phase of its phase 2b CALDOSE-1 trial of lead asset vidofludimus calcium (IMU-838) in patients with moderate-to-severe ulcerative colitis (UC).
The company said data from the maintenance phase of CALDOSE-1 showed a dose-linear increase in clinical remission as compared to the placebo at week 50. Moreover, an exploratory statistical analysis confirmed the 30 mg dose of vidofludimus calcium to be statistically superior in achieving clinical remission at week 50, with a 33.7% absolute improvement over placebo.
Imugene Ltd (ASX:IMU, OTC:IUGNF) has dosed the first patients in cohort three of its intravenous (IV) and intratumoral (IT) monotherapy dose-escalation trial for novel cancer-killing virus VAXINIA (also known as CF33-hNIS).
As diagrammed below, Imugene’s study continues on schedule — the first cohort in the company’s VAXINIA and Pembrolizumab combination study has also been dosed.
Cypher Metaverse Inc, formerly Codebase Ventures Inc, said it has completed a non-brokered private placement, raising proceeds of $96,140 through the sale of 873,999 units. The net proceeds of the financing will be used for general working capital. Each unit in the financing consists of one common share and one common share purchase warrant at $0.11. Each warrant entitles the holder to purchase one additional common share at $0.15 for a period of two years from the date of closing, subject to the option of the company to accelerate the expiry date in the event that its shares trade at $0.20 or more for 10 consecutive days. Securities issued as a result of the closing of the financing will be subject to a statutory hold period until August 5, 2023. The company said it paid finders fees to a qualified finder of $1,254 and issued 11,400 broker warrants, which are on the same terms as the warrants forming part of the units.
OTC Markets Group Inc, the operator of regulated markets for 12,000 US and international securities, has announced that Trident Royalties PLC, the diversified mining royalty company, has qualified to trade on the OTCQX Best Market and began trading today under the symbol TDTRF. “Trading on OTCQX opens Trident to a new pool of potential investors in the US with an appetite for exposure to a diverse mix of commodities – an offering quite different to the traditional mining royalty companies that have dominated the North American markets to date,” said Adam Davidson, chief executive officer of Trident. “This is particularly timely given the recent developments at the Thacker Pass Lithium Project in Nevada, being a key asset within Trident’s portfolio, as well as developments at Trident’s North American gold offtake assets. The quotation supports our vision of Trident being the leading royalty company for global investors to obtain exposure to a diversified portfolio of mining commodities.”
Wishpond Technologies Ltd has said it expects to release its Audited Annual Financial Statements for the fiscal year and three months ended December 31, 2022 on Thursday, April 13, 2023. The company will also host a conference call to discuss the results on the same day at 10.00am PT (1.00pm ET). The call will be hosted by Ali Tajskandar, Wishpond chairman and chief executive officer; and David Pais, its chief financial officer. Webinar Registration: https://bit.ly/WISH_q4_2022. Dial-in details: +1 778 907 2071 (Vancouver local); +1 647 374 4685 (Toronto local); Meeting ID # 820 4189 4293.
Usha Resources Ltd has provided the particulars of the due bill trading with respect to the plan of arrangement, which is anticipated to be completed on April 25, 2023, and will result in the spinout of the company's Nicobat Property to Spinco. Pursuant to the arrangement, as consideration for the transfer of the Nicobat Property, company shareholders will receive for every one Usha share held, one share of Spinco multiplied by a conversion factor of 0.2. The number of company shares held by each shareholder will not change as a result of the arrangement.
World Copper Ltd announced that further to its news release dated February 23, 2023, the company has filed on SEDAR a National Instrument 43-101 Technical Report for an updated mineral resource estimate for the Zonia copper-oxide deposit in Arizona. The NI 43-101 technical report is entitled "National Instrument 43-101 Technical Report: Updated Mineral Resource Estimate for the Zonia Copper Project Yavapai County, Arizona USA" (Technical Report) and is dated December 20, 2022 and dated effective September 1, 2022. The Technical Report was prepared pursuant to NI 43-101 by Hard Rock Consulting, LLC. The Technical Report is available on World Copper's SEDAR profile at www.sedar.com and is available on World Copper's website at www.worldcopperltd.com.