Immunic has caught the attention of market analysts with the release of 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 on Wednesday 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.
Arizona Silver Exploration Inc announced that it has released the geological sections from the March 2023 reverse circulation (RC) drill program at the Philadelphia epithermal gold-silver project in Arizona.
The exploration company said drill thicknesses of “visibly mineralized intervals” range from 55-82 metres (m) in the Rising Fawn Zone with an estimated true thickness of 50-60m, while in the Perry Zone, the drill thickness ranges from 30-76m with an estimated true thickness of 30-45m.
Black Swan Graphene (TSX-V:SWAN) said it closed its previously announced equity agreement and has entered into a supply agreement with Nationwide Engineering Research and Development (NERD), creating a partnership aimed at promoting graphene-enhanced concrete globally.
The company said the partnership is underpinned by several factors, including an equity swap through which each company now owns approximately 5% of the other.
Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) said it has entered into an arrangement agreement with its wholly-owned subsidiary Toggle3D and a special purpose financing company, 1400330 B.C. Ltd (FinanceCo) for the spin-out of Toggle3D to a SpinCo.
The agreement, effective April 5, 2023, sets out the terms on which Nextech will complete a plan of arrangement under the Business Corporations Act (British Columbia) whereby the Toggle3D platform and associated assets will be spun out.
Standard Uranium Ltd (TSX-V:STND, OTCQB:STTDF) has defined multiple drill-ready target areas on the Atlantic, Canary, and Ascent projects situated in the prolific eastern Athabasca Basin.
Announcing the results of geophysical surveys completed on each of the company’s three eastern Athabasca basin projects, the company said strong EM conductors coupled with regional-scale faults and potential alteration signatures outline high-priority target areas on all three projects.
Copper Fox Metals Inc (TSX-V:CUU, OTCQX:CPFXF), through its wholly-owned subsidiary Desert Fox Copper Inc, has provided an update of recent activities and plans on its 100% owned Van Dyke in-situ copper recovery (ISCR) project located in the Globe-Miami Mining District, Gila County, Arizona.
In a statement, Elmer B Stewart, president and CEO of Copper Fox, commented: "The rehabilitation work completed to date on the selected historical drill holes has been encouraging. If the next phase of the program is successful, then installation of downhole instrumentation to establish water sampling and hydrogeological monitoring stations would follow.
Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) said it and its partner Noble Helium have signed a letter of intent (LoI) with Tunisian contractor, SOFORI, to supply a Drillmec HH102 rig to be used in the next drilling campaign on the Rukwa Project in Tanzania.
Helium One's Lorna Blaisse said the move was an 'encouraging first step' towards spudding the well in the third quarter of this year.
Endeavour Mining PLC has said it will hold its 2023 Annual General Meeting (AGM) of shareholders on 11 May 2023 at 3.00pm GMT / 10.00am EST. The company's AGM will be held as a hybrid meeting at One Silk Street, London EC2Y 8HQ, UK. Shareholders can join via the electronic meeting platform to vote and ask questions live in the meeting.
Kodiak Copper Corp said it has increased the size of its recently announced non-brokered private placement to raise around $7.5mln. The company will now issue up to 1,200,000 charity flow-through (FT) units that will be issued as part of a charity arrangement, and up to 1,000,000 normal FT units, for aggregate gross proceeds of up to $2,544,000. Previously, the company was to issue up to 833,333 Charity FT units and up to 418,498 flow-through units for aggregate gross proceeds of up to $1,500,000. As previously announced, Kodiak has also entered into an agreement with Cormark Securities, on behalf of itself and an underwriting syndicate, in connection with a ‘bought deal’ private placement for aggregate gross proceeds to the company of approximately $5 million.
Plurilock Security Inc said it has signed a contract renewal for its flagship software platform with an overseas healthcare provider. The customer offers healthcare services through its private chain of hospitals. According to the terms of the contract, the customer has renewed its subscription for the cloud security functionality of the Plurilock platform, which includes Single Sign-On, Access Control Management, Password Policy and Self-Password Reset. “We are please to renew a contract for our high-margin cybersecurity software with an overseas healthcare provider,” said Ian. L Paterson, CEO of Plurilock. “The healthcare industry remains a popular target for cybercriminals, and we aim to help companies within this sector protect their employees from data breaches.”
Gamelancer Media Corp said that it has continued from the Province of British Columbia under the Business Corporations Act (British Columbia) into the Province of Ontario under the Business Corporations Act (Ontario) as of April 5, 2023. The continuance was approved by a special resolution of shareholders at its Annual General & Special Meeting held on July 7, 2022, and no action will be required by existing shareholders with respect to the continuance.
Regency Silver announced that it has completed a non-brokered private placement of 6,240,000 common shares at a price of $0.40 per share for gross proceeds of C$2,496,000. In connection with the closing of the private placement, the company said it paid cash finder's fees of $91,140. The proceeds will be used for ongoing drilling at its flagship Dios Padre property, for property payments on other properties, and for general working capital.
Wellbeing Digital Sciences said the British Columbia Securities Commission has issued a failure-to-file cease trade order in respect of the company’s securities over its inability to file several financial documents. The company said, as previously disclosed, it recently changed accounting firms, which prompted the initial delay, and, due to the complexity of Wellbeing’s business, the delay has continued longer than anticipated. Wellbeing said it is working diligently and expeditiously with its auditors and expects to file the documents as soon as possible with a current expectation of on or about April 30, 2023.