Arizona Silver Exploration Inc has appointed Apollo Silver Corp CEO Tom Peregoodoff as an advisor to the company’s board of directors, effective immediately.
Peregoodoff brings more than 30 years of resource industry experience, including in brownfield exploration and resource development. In addition to his role at Apollo Silver, he is a director of American Copper Development Corp and American West Metals Ltd (ASX:AW1, OTCQB:AWMLF).
Mountain Valley MD has agreed to a license its parasitic infection treatment Soluvec 1% to a private Ontario company that intends to use it for animal husbandry applications in Bangladesh.
The agreement allows the licensee to coordinate Soluvec 1% manufacturing and distribution of related Soluvec 1% products, both in injectable and food coating applications, within the country. Mountain Valley will receive a royalty percentage against net sales in the region.
Sintana Energy (TSX-V:SEI, OTCQB:SEUSF) announced that a rig contract has been signed for an initial exploration drilling campaign at Petroleum Exploration License (PEL) 83 located in the heart of Namibia’s Orange Basin.
Galp Energia operates PEL 83 with an 80% interest and other partners include the National Petroleum Company of Namibia (10%) and Custos Investments (10%), in which Sintana has a 49% indirect interest, the company said.
Immunic Inc (NASDAQ:IMUX) said it has presented new clinical and pre-clinical data on the molecule IMU-856 at Digestive Disease Week (DDW) 2023 currently underway in Chicago.
The presentation includes data on how IMU-856 has been shown to have a beneficial effect on gut health by helping to modulate, stabilize and enhance expression of the Sirtuin 6 (SIRT6) protein in the gastrointestinal tract.
The West Australian government has recognised the good work Recce Pharmaceuticals Ltd (ASX:RCE, OTC:RECEF) is doing by sponsoring the company to attend BIO Korea 2023.
Recce is developing a new class of synthetic anti-infectives and was selected as one of three West Australian companies to attend BIO Korea 2023 and participate in the Australian Biotech Mission.
Guardforce AI Co. Limited has announced the closing of its underwritten public offering of 1,720,430 ordinary shares at a price of $4.65 each. The underwriters exercised their over-allotment option in full for an additional 258,064 ordinary shares at the time of the closing of the 0ffering. As a result, the aggregate gross proceeds of the offering, including the over-allotment, are approximately $9.2 million, prior to deducting underwriting discounts and other expenses.
Algernon Pharmaceuticals Inc said it has closed its previously announced rights offering which expired on April 27, 2023. At closing, the company issued 4,753,369 units at the subscription price of $0.25 each for total gross proceeds of approximately $1,188,342. Each unit consists of one Class A common share and one share purchase warrant, with each warrant being exercisable for one share at the exercise price of $0.52 until November 5, 2024, subject to acceleration to a date that is not less than 30 days following delivery of an acceleration notice to the holders of the warrants if the volume weighted average price of the shares for each of the ten consecutive trading days on the Canadian Securities Exchange exceeds $1.04. The company received subscriptions for 2,871,597 units under the basic subscription privilege and 1,881,772 units under the additional subscription privilege. The proceeds of the offering are expected to be used for working capital and general corporate purposes and administrative expenses.
G2 Energy Corp has announced that it will no longer be proceeding with the Listed Issuer Financing Exemption (LIFE) offering as previously announced on April 13, 2023. “We have determined it is appropriate to cancel the LIFE Offering at this time, and we expect to provide an update on the Company’s strategic initiatives in the near future,” commented Slawek Smulewicz, executive chairman and CEO of G2. The company said it is continuing to raise capital through unit financing with the price protection approved by the Canadian Securities Exchange at $0.02 consisting of one common share and one common share purchase warrant exercisable at $0.05 for a period of 36 months from closing. The proceeds from the financing will be used primarily to add additional production, estimated to be 120 barrels of oil equivalent per day (boed) on the Masten Unit. The program includes returning two wells to production, workover on four wells, and basic maintenance. Proceeds will also be used to retire debt, legal costs, and G&A. The financing is expected to close on or about June 15, 2023. G2 also announced that it has been granted a six-month extension by the Registrar of Companies in which to hold its Annual General Meeting (AGM) from June 14, 2023, to December 14, 2023.
Africa Oil Corp has said it will publish its financial and operating results and related management's discussion and analysis for the three months ended March 31, 2023, after Toronto market close on Friday, May 12, 2023. Senior management will hold a conference call to discuss the results on Monday, May 15, 2023 at 09:00 (ET) / 14:00 (BST) / 15:00 (CET). The conference call may be accessed by dial in or via webcast. Participants should use the following link to register for the live webcast: https://onlinexperiences.com/Launch/QReg/ShowUUID=6BAFAE51-46E4-4FF6-AD56-1F6A83924944. Participants can also join via telephone with the instructions available on the following link: https://register.vevent.com/register/BIe5dbe998466d4d0385a878529ba32953.
OTC Markets Group Inc. has announced that quantum technology company BTQ Technologies Corp. will start trading today on the OTCQX Best Market under the symbol ‘BTQQF’, having upgraded from the Pink market. "This is a key milestone for BTQ as we continue innovating a diversified range of products geared towards accelerating quantum advantage across core cryptographic infrastructure in line with the standardization of post-quantum encryption technology that has been led by the US government and global standards bodies,” BTQ CEO Olivier Roussy Newton said in a statement.
Genprex Inc will be participating in a number of investment conferences in May, including: Sidoti Micro Cap Conference on May 10 - 11, 2023 (link here: https://bit.ly/3APq2xY; the American Society of Gene & Cell Therapy Annual Meeting between May 16 - 20, and AGP's Virtual Healthcare Conference between May 23 – 24, 2023. Anyone interested in meeting Genprex management during these conferences can reach out to Investor Relations at investors@genprex.com.
Mandalay Resources Corporation will release its 1Q results after market close on May 10, followed by a conference call with CEO Frazer Bourchier on May 11, 2023, at 8:00 AM ET. Analysts and interested investors can join the conference call by registering their name and phone number at the following URL to receive an instant automated call, to avoid any wait time to talk to an operator: https://emportal.ink/3Lh7KeL.
Vicinity Motor Corp will release financial results for the first quarter ended March 31, 2023 after market close on Monday, May 15, 2023. Management will host an investor conference call at 4:30 p.m. Eastern time on Monday, May 15 to discuss the results and lead a Q&A. North America Dial-in: 1-844-850-0545; International Dial-in: 1-412-542-4118; Conference ID: 10178767. Webcast: https://viavid.webcasts.com/starthere.jsp?ei=1613675&tp_key=7a526cf569.
Predictive Oncology Inc will report its financial results for the first quarter ended March 31, 2023 after the market close on Monday, May 15, 2023. The company will host a corporate update conference call and live audio webcast at 5:30 p.m. ET on the same day.
American Resources Corporation will report its first quarter 2023 financial results on Monday, May 15, 2023. The American Resources management team will host a conference call and live audio webcast to provide a business outlook at 4:30 PM ET that same day. Interested participants and investors may access the conference call by dialing (866) 682-6100 or by the webcast link: https://event.choruscall.com/mediaframe/webcast.html?webcastid=zck9lkGA.
Nevada Silver Corporation announced the results of its annual and special meeting of shareholders held on May 4, 2023. The firm has approved the change of name to "Electric Metals (USA) Limited", or such other name as determined by the Board of Directors and as may be acceptable to the regulatory authorities, according to a statement. Its stock is expected to begin trading under its new name and TSXV ticker symbol of "EML" at a date to be determined. It also elected as directors: Oliver Lennox-King, Megan McElwain, John Kutkevicius, Henry Sandri and Gary Lewis.