NOBLE Capital Markets analysts have initiated coverage on shares of game developer and publisher Snail, Inc (NASDAQ:SNAL) with an ‘Outperform’ rating and a “conservative” target price of $9 per share, saying the company has a broad range of opportunities to grow revenue through additional games, expansion packs, and alternative ways to use its IP.
The company's shares are currently trading at $1.35 on the Nasdaq.
Ocean Power Technologies Inc (NYSE-A:OPTT) (OPT) announced the successful first test of its next-generation increased power wave energy converter buoy, the Mass-On-Spring-Wave-Energy-Converter (MOSWEC) prototype.
The company reported that the operational-sized buoy, deployed offshore in New Jersey, has been performing as expected and has already endured storm conditions at sea.
Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF), formally Nextech AR Solutions Corp, has announced three new key hires to its AI team, as well as important feature upgrades to its platform to meet the accelerating demand for 3D models.
The key hires are Katyani Singh as Computer Vision/Machine Learning Scientist, Amir Salimnia also as Computer Vision/Machine Learning Scientist, and Youssef Zaky as Computer Vision Researcher. The new hires will accelerate the production of 3D models related to Nextech’s breakthrough generative AI, computer vision and 3D model mesh creation.
Black Swan Graphene (TSX-V:SWAN) Inc said it has appointed Dr Chris Herron as its vice-president Research and Product Development.
The company said that Dr Herron will be instrumental in ensuring optimal product performance of supply chain partnerships aimed at accelerating the adoption of graphene-enhanced concrete globally. He will be central in driving the company's overall commercialization initiatives, encompassing the polymer industry, it added.
Tiziana Life Sciences Ltd (NASDAQ:TLSA) has announced plans to investigate intranasal foralumab for the treatment of Long COVID, work which is supported by foralumab’s well-established role in de-activating microglia cells, a key component in the pathogenesis of the disease.
“We anticipate entering into a Phase 2a placebo-controlled clinical trial upon successful feedback from the FDA”, commented Dr Matthew W. Davis, chief medical officer of Tiziana in a statement.
Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) chief executive Lorna Blaisse says the explorer is still on track to spud its next well in the third quarter of 2023.
The company, which has potentially one of the largest primary sources of helium in the world, continues to work in preparation of the drill programme – notably it recently secured some funding and inked a non-binding letter of intent (LOI), both of which move it closer to the start of drilling.
Bradda Head Lithium Limited (AIM:BHL, OTCQB:BHLIF, TSX-V:BHLI) said it has expanded its footprint in Arizona, adding claims in the Central San Domingo area.
The land acquisition comes after what the company described as promising results from its first drill programme at the project, which were reported in March.
ANGLE PLC (AIM:AGL, OTCQX:ANPCY) said it has inked a deal with Crescendo Biologics, a clinical-stage immuno-oncology firm, to provide the liquid biopsy specialist's cutting-edge Portrait Flex Assay for a prostate cancer study.
The process will be used in Crescendo's phase I clinical trial investigating the safety and efficacy of CB307, a first-in-class treatment for patients with prostate-specific membrane antigen (PSMA) positive solid tumours.
Cobalt Blue Holdings Ltd (ASX:COB, OTC:CBBHF) is progressing three key building blocks for a sustainable, value-added integrated cobalt supply business amid the backdrop of an evolving and growing global critical minerals industry.
COB, a pure-play cobalt company, is focused on delivering high-purity, high-value cobalt products to a world increasingly demanding a transition to a green future, incorporating electric vehicles and green energy.
Cyprium Metals Ltd (ASX:CYM, OTC:CYPMF) has tapped John Featherby to join its board as a non-executive director, effective immediately, as Nicholas Rowley steps down.
Featherby has extensive experience in the stockbroking and wealth management industry. He joined Hartley Poynton, now EurozHartleys, in 1987 after a stint in State Treasury, and was appointed a director from 2003 through to 2018, serving as chairman for seven years in that period.
Venture Minerals Limited (ASX:VMS, OTC:VTMLF) has identified the presence of borate minerals in tin-boron zones at the Mount Lindsay Tin-Tungsten Project in Tasmania with boron being a critical mineral used in the solar panel industry.
Given its critical mineral status in Australia and abroad, the company has decided to pursue the exploration and production of boron alongside tin and tungsten at Mount Lindsay, with the help of CSIRO’s metallurgical studies and recovery work.
Information Services Corp has filed its notice of meeting and management information circular for its May 10, 2023, annual and special meeting of shareholders. The meeting will be held on Wednesday, May 10, 2023, at 1.00pm EDT (11.00am MDT) at Innovation Place, 6 Research Drive, Regina, Saskatchewan. A live audio webcast of the meeting will also be available on the company's website. Participants who wish to ask a question on the live call may do so through the company's website or by registering on-line.
Plurilock Security Inc said it has received a purchase order for the company's flagship software platform from a Californian Municipality. This cross-sale order was secured through the existing client network of its wholly-owned subsidiary, Aurora Systems Consulting Inc. According to the terms of the order, the customer will license the continuous identity confirmation functionality of the Plurilock platform. "We are pleased to announce a new cross-sale order for our high-margin software offering," said Ian L. Paterson, CEO of Plurilock. “Aurora has established an extensive client network, which enables us to leverage their existing distribution channels to potentially secure additional highmargin contracts in the United States. Moving forward, our key focus is to continue growing our sales pipeline for our flagship cybersecurity platform.”
Hillcrest Energy Technologies has hired Craig-Hallum Capital Group as its capital markets advisory and investment banking firm in the US. "Over the past two years, we've demonstrated our ability to build the right team and move quickly in executing a robust technology development and commercialization strategy,” Don Currie, Hillcrest’s CEO said in a statement. “Engaging Craig-Hallum, a highly respected and recognized investment bank with significant domain experience in our industry, is another next step forward for Hillcrest."
Sidus Space CEO Carol Craig will be a featured speaker at the Junior Achievement National Convention on July 27, 2023 in Louisville, Kentucky. Junior Achievement is the world's largest organization dedicated to educating students in grades K-12 about entrepreneurship, work readiness, and financial literacy through experiential, hands-on programs. "At Sidus Space, we firmly believe that it is our responsibility to give back to our community and we are committed to providing opportunities for our neighbors and educating the next generation of leaders," said Craig in a statement.
Fidelity Minerals said it has engaged The Howard Group as its investor relations communications advisor. The agreement is for 18 months effective April 15, 2023. The Howard Group will receive $10,000 and ultimately move to $12,000 per month, as well as options to acquire 500,000 shares at an exercise price of $0.11, as well as 4,550,000 incentive stock options.
Doubleview Gold Corp announced it has granted incentive stock options to certain directors, officers and consultants of the company to acquire an aggregate of 3 million common shares of the company at an exercise price of $0.415 in accordance with its 10% rolling incentive stock option plan. The options are exercisable for a five-year term expiring April 13, 2028, and will become fully vested immediately, Doubleview said.