Asante Gold Corporation shares surged 23% to $1.85 on Friday after the gold exploration and development company announced that it has received an unsolicited, non-binding and conditional expression of interest from Fujairah Holding LLC, which owns 11.43% of Asante's stock, to acquire the remaining issued and outstanding common shares of the company not already held by Fujairah.
Asante said the cash consideration contemplated equates to C$2.20 per share, but its board has determined the offer is not in the best interests of the company or its shareholders and fails to address Asante's near-term financing requirements.
Ocean Power Technologies Inc (NYSE-A:OPTT). (OPT) said it will continue to provide its WAM-V 22 Autonomous Surface Vehicle (ASV) asset to a US government agency overseas for its maritime activities through a $0.5 million contract extension.
"OPT is proud to continue our support for the US government with our state-of-the-art WAM-V ASV," OPT CEO Philipp Stratmann said in a statement.
Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) told investors it is seeing continued global demand for the 3D modelling and AR solutions it designs for the eCommerce sector in Web 3.0.
Reporting financial and operating results for the year to December 31, 2022, the company’s CEO Evan Gappelberg highlighted the addition of Amazon in the third quarter of the year as its largest enterprise customer for 3D model delivery in eCommerce.
ANGLE PLC (AIM:AGL, OTCQX:ANPCY), the liquid biopsy company, said it experienced a ‘breakthrough’ year in 2022 with US Food & Drug Administration (FDA) clearance and a growing body of scientific evidence bolstering opportunities for its product and pharma services businesses.
The company also told investors it is working with major global pharma firms, medtech companies, and clinical laboratories, driving the adoption of its Parsortix system through multiple clinical validations, regulatory approvals, and payer acceptance.
Pantheon Resources PLC (AIM:PANR, OTC:PTHRF) told investors that 88 Energy Ltd's (AIM:88E, ASX:88E, OTC:EEENF) new nearby "discoveries" are a great outcome for both of the London-listed Alaska oil explorers.
88 Energy’s Hickory-1 well has confirmed multiple hydrocarbon bearing reservoirs in the same plays as Pantheon’s recent discoveries and located on the adjacent lease effectively confirming the extension of those oil plays down to Pantheon’s southern border.
Bango PLC (AIM:BGO, OTCQX:BGOPF) has been awarded the King's Award for Enterprise: International Trade, recognising the advertising technology group’s excellence and achievement in global trade over a sustained period.
The company’s blue-chip client base, including Amazon, Microsoft and Google, use Bango technology to expand their customer base and grow revenues, with the vast majority of Bango revenue generated in markets outside the UK.
Nova Minerals Ltd (ASX:NVA, OTCQB:NVAAF) has revealed a new bonus loyalty option for its shareholders as a reward for their ongoing support and shared vision in developing the company’s Estelle Gold Project as a world-class, tier-one, global gold producer.
In a letter addressed to shareholders Nova CEO and executive director Christopher Gerteisen said: "We are delighted to offer this bonus loyalty option to our loyal shareholders who have provided ongoing support for the company and continue to share Nova's vision of developing the Estelle Gold Project."
QC Copper and Gold Inc said it has closed a final tranche of a non-brokered private placement. Under the final tranche, the company sold an aggregate of 2,857,142 common shares for 14 cents per offered share for aggregate gross proceeds of $399,999.88. The net proceeds from the offering will be used for the exploration and development of QC Copper's Opemiska copper project in Chapais, Quebec, and for general working capital purposes.
Jushi Holdings Inc said it dismissed its auditor Marcum LLP on April 19, 2023, and engaged Macias Gini & O'Connell LLP as its new auditor effective, April 20, 2023. Marcum's dismissal was not the result of any disagreement between the company and Marcum on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure.
Predictive Oncology Inc. said it will undergo a reverse stock split of its common stock at a ratio of 1 post-split share for every 20 pre-split shares. The reverse stock split will become effective at 12.01am on Monday, April 24, 2023. Predictive Oncology’s common stock will continue to be traded on the Nasdaq Capital Market under the symbol POAI and will begin trading on a split-adjusted basis when the market opens on Monday, April 24, 2023.
C3 Metals Inc said it has closed the first tranche of its previously announced non-brokered private placement, issuing 93,360,000 common shares at a price of $0.05 each for gross proceeds of $4.668 million. The company said gross proceeds raised from the offering will be used for exploration expenditures, working capital, and general corporate purposes. All securities issued in connection with the offering will be subject to a hold period of four months plus a day from the date of issuance.
Golden Shield Resources Inc has engaged John Martin to provide investor relations services for a term of six months to start on May 1, 2023. Golden Shield will pay Martin $3,000 per month, plus applicable taxes, and has issued 100,000 incentive stock options pursuant to the company's incentive stock option plan. The options are exercisable at a price of $0.26, have a term of five years, and will vest over a period of 36 months.
CareRx Corporation current CEO David Murphy and incoming CEO (current CFO) Puneet Khanna will present at the 2023 Bloom Burton & Co. Healthcare Investor Conference, the company announced. The event is being held April 25-26 at the Metro Toronto Convention Centre, with Murphy and Khanna scheduled to present at 4 pm ET on April 25.