Africa Oil Corp (TSX:AOI) is a top performer with high-quality producing assets and a strong balance sheet. Equally important, the Canadian oil and gas company is a promising way to play the oil patch as there’s significant upside for investors at the Venus light oil discovery in the Orange Basin, off the coast of Namibia.
Venus was discovered a year ago by TotalEnergies using the drillship Maersk Voyager in Block 2913B, hitting 84 meters of net pay in a high-quality Lower Cretaceous sandstone reservoir that contained light oil and associated gas.
T Stamp Inc (NASDAQ:IDAI, EURONEXT:AIID) (dba Trust Stamp) announced that it has been ranked amongst the fastest-growing companies in the US by the Financial Times.
The global provider of AI-powered identity services came in at #179 in “The Americas Fastest Growing Companies” Report for 2023.
Namibia Critical Metals (TSX-V:NMI, OTCQB:NMREF) announced that its Japan Organization for Metals and Energy Security (JOGMEC) partner has committed an additional C$300,000 to the ongoing joint venture exploration program at the Lofdal heavy rare earth metals project in Namibia.
Under the conditions of approval by the Ministry of Economy, Trade and Industry in Japan, JOGMEC has approved expenditures totalling C$10,375,000 through to May 31, 2023, which satisfies the Term 2 Expenditure requirement of C$10 million to earn 40% interest in the Lofdal project, the company said in a statement.
TNR Gold Corp (TSX-V:TNR, OTC:TRRXF) said it was pleased with the latest assay results from the Los Azules copper project, where operator McEwen Mining reported “consistent” infill results.
TNR holds a 0.4% net smelter returns royalty (NSR) on Los Azules, of which 0.04% of the 0.4% NSR Royalty is held on behalf of a shareholder.
Trillion Energy International Inc (CSE:TCF, OTCQB:TRLEF) told investors it has now spudded Bayhanli-2, its fifth well at the SASB Gas field, on the Black Sea, in Turkey.
Bayhanli-2 is targeting a previously-discovered gas pool, which was never previously produced, through a long reach directional well bore to enable production, the company explained in a statement.
Graphene Manufacturing Group Ltd (TSX-V:GMG, OTC:GMGMF) (GMG) has provided a business update of its ENERGY SAVINGS portfolio product - THERMAL-XR (TXR) powered by GMG Graphene, noting that since the recent Australian government approval for GMG to produce and sell Thermal-XR at scale, the company has driven sales activities and bolstered related production capacity.
The clean-tech company said important first sales at scale have recently been secured, including an order for over A$130,000, and its efforts to widen potential market segments are finding positive reception, providing strong encouragement for continued sales focus targeting near-term notable revenues.
Hillcrest Energy Technologies Ltd (CSE:HEAT, OTCQB:HLRTF) has announced the addition of veteran automotive executive and pioneering entrepreneur Dan Coker as a strategic advisor.
The clean technology company said Coker will work with its executive team on the execution of business expansion opportunities and overall growth strategy.
ARway Corporation (CSE:ARWY, OTC:ARWYF) said it has launched its Referral Partner Program as part of its business development efforts, which will increase the company's prospect funnel and is expected to lead to accelerating revenue growth.
The annual license deal is a milestone for the company, which is building an AI-powered platform, and its pipeline, which already has over a dozen annual license deals.
Toubani Resources Inc. (TSX-V:TRE, ASX:TRE) has provided further results from the ongoing drilling program at its 3.1 million ounce (Moz) Kobada Gold Project in southern Mali, with all targets tested in the current program to date having intersected mineralisation.
In a statement, Toubani chief executive officer Phil Russo commented: “The goal of our current program is to drill test several high-value targets outside the 3.1Moz Kobada Main deposit. Following the success of our initial results last month, we are pleased to have continued to intersect mineralisation and extend strike at all targets tested so far."
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) has completed its previously announced fundraising in Zimbabwe.
The company raised US$5.825mln before expenses.
Zephyr Energy PLC (AIM:ZPHR, OTCQB:ZPHRF)c has told investors that it will "comprehensively assess the situation" in Utah after a "significant well control incident" in the State 36-2 LNW-CC well, which occurred on Good Friday.
The company, in a statement, said that during workover operations what appears to have been a failure in a safety valve led to hydrocarbons being released from the well in an uncontrolled manner.
88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) has confirmed it will advance the Hickory-1 exploration well in Alaska to production flow testing as the latest batch of analysis describes the well’s targets as either meeting or exceeding pre-drill expectations.
The explorer, in a statement, said that multiple zones of the Hickory well will be flow tested with the programme to take place “as early as possible in the 2023/2024 winter operational season”. Preliminary planning has now begun for the programme, it added.
Ilika PLC (AIM:IKA, OTCQX:ILIKF), a pioneer in solid-state battery technology, said it has shipped the first batch of its Stereax cells to customer Blink Energy.
The shipment marks the beginning of a series of planned deliveries from the UK factory over the coming months.
Nova Minerals Ltd (ASX:NVA, OTCQB:NVAAF) has boosted the global gold resource at its Estelle Gold Project in Alaska to a whopping 9.9 million ounces, building out the asset’s precious metals profile ahead of a pivotal phase two scoping study. Nova defined a robust starter pit area at the RPM deposit from surface, enhancing potential for a quick payback.
Planet 13 Holdings Inc (CSE:PLTH, OTCQX:PLNHF) has mourned its board member Mike Harman, who passed away on April 6, 2023 at the age of 50. The company extends its sincere condolences to his wife Jeanette and his entire family. Harman served on Planet 13's board of directors and as chair of the Audit Committee since Planet 13 went public in June 2018. The company noted that he was a valued board member who helped guide the company through its go-public transaction, transition to US GAAP and SEC filing. "Mike was a valuable and trusted voice within our organization and was by our side at every step of our evolution. We deeply appreciate Mike's numerous contributions and especially his friendship. We offer our deepest condolences to his wife and family. He will be dearly missed." said Bob Groesbeck and Larry Scheffler, Co-CEOs of Planet 13. Groesbeck has been appointed to the Audit Committee on an interim basis, and the company said its board plans to fill the vacant board position with an appointed independent director.
FDCTech (OTCQB:FDCT) said it has amended the acquisition date of the sales purchase agreement from December 31, 2022, to February 28, 2023, or later as required by BVI Companies Act, but no later than June 30, 2023. The agreement under which the Company acquired a 50.10% equity interest in New Star Capital Trading Ltd., a British Virgin Island company, and its wholly-owned operating subsidiary NSFX Ltd, an online trading brokerage firm regulated by the Malta Financial Services Authority. The company expects to consolidate the fair value of NSFX's assets and liabilities on or after February 28, 2023, once the date of acquisition is finalized per BVI registry requirement.
Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF), formally Nextech AR Solutions Corp has said its CEO Evan Gappelberg will present on April 13, 2023, at 1,30pm EST / 10.30am PST. at the OTC Virtual Investor Technology Conference. This live, interactive online event will give existing shareholders and the investment community the opportunity to interact with Gappelberg in real-time. Registration is via the following link: https://tinyurl.com/2s3mtpb3.
AMPD Ventures Inc (CSE:AMPD, OTCQB:AMPDF) said it has closed the first tranche of its previously announced non-brokered private placement of convertible debenture units at a price of C$11,000 per Unit for aggregate gross proceeds of up to C$770,000, which has since been upsized to provide for the issuance of units for aggregate gross proceeds of up to C$880,000. The first tranche of the Private Placement was comprised of the issuance of 50 Units for aggregate gross proceeds of C$550,000. James Hursthouse, chief executive officer of the company, and Ian Wilms, its VP, Business Development and Government Affairs, participated in the first tranche closing. All securities issued in the first tranche closing will be subject to a four-month hold period.
Rio2 Limited (TSX-V:RIO, OTCQX:RIOFF) said it has agreed to issue 736,151 common shares at a deemed price of $0.15 per share to directors and officers of the company under a shares for services agreement.
Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the Technology Virtual Investor Conference. Individual investors, institutional investors, advisors, and analysts are invited to attend. “We’re looking forward to hosting the Technology Virtual Investor Conference this week,” said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. “This event will bring leading industry companies together to a place where they can share their strategies and business highlights directly with current and prospective investors.” A full list of participating companies is available here: https://www.virtualinvestorconferences.com/events/event-details/technology-virtual-investor-conference-1. Register here: https://bit.ly/3zx1JE1.
Cloud DX (TSX-V:CDX, OTCQB:CDXFF) is set to present at the Planet MicroCap Showcase: VEGAS 2023 on Wednesday, April 26, 2023 at 8:30AM PT. Cloud DX Founder and CEO Robert Kaul will speak to attendees and answer questions, and host 1x1 investor meetings the following day. A webcast link of the presentation is available here: https://www.webcaster4.com/Webcast/Page/2963/48001.