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The Markets
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The Markets
by Proactive
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
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Small cap snapshot: BioVie, NanoViricides, Predictive Oncology, Recruiter.com Group, Steppe Gold, GoviEx UPDATE...

BioVie Inc (NASDAQ:BIVI) has announced that a poster detailing the supporting data and rationale for a potentially pivotal clinical trial of the company's drug candidate NE3107 in the treatment of Parkison’s Disease was presented at the 2023 World Congress on Parkison’s Disease and Related Disorders (IAPRD), which held in Chicago on May 13 to 16, 2023.

The drug therapies developer said highlights from the NE3107 study included patients treated with NE3107 + carbidopa/levodopa (C/L) experiencing greater improvements in their Motor Disease Society- Unified Parkinson's Disease Rating Scale (MDS UPDRS) Part III score than patients treated with placebo + C/L at the 2- and 3-hour marks.

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Arizona Silver Exploration has provided investors with an update on its drill program to test the down-dip continuity of high-grade gold-silver mineralization at its Philadelphia project in Arizona.

The company said it has completed the first core hole to a depth of 319.5 metres and it can only provide a geological description of the drill hole as it is yet to receive assay results.

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NanoViricides (NYSE-A:NNVC) Inc has reported its financial results for the fiscal third quarter that revealed ample cash on hand, giving the company scope to kick off its clinical trials of its broad-spectrum antivirals, including lead COVID drug candidate NV-CoV-2.

Investors reacted to the news sending NanoViricides (NYSE-A:NNVC) shares up nearly 1.8% in morning trade.

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Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) revealed that it has secured a significant renewal contract with an S&P 400 company and the largest department store in the US.

Under the contract, Nextech3D.ai will provide over 5,000 3D models of the companies' most popular products, further solidifying its position as a global leader in the 3D model space for eCommerce.

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By targeting inflammation as a novel pathway, clinical-stage biotechnology company BioVie Inc (NASDAQ:BIVI) aims to discover treatments for neurological and neurodegenerative disorders and advanced liver disease.

As BioVie CEO Cuong Do told Proactive, the company's purpose is to create new solutions that enable people to live healthier lives as they age. “Everything BioVie does is centred on this purpose,” Do said.

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Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF) chief executive Sebastien de Montessus has told investors that the company has continued to make significant progress on our ESG strategy.

The gold miner, in a statement accompanying its 2022 sustainability report, noted that the ESG strategy was formulated a few years ago following extensive consultation with a range of stakeholders and is guided by the aims of the United Nations Sustainable Development Goals.

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Gratomic Inc has completed the fourth tranche of its non-brokered private placement offering, raising $426,000 by placing 1,420,000 working capital units at a price of $0.30 per unit. To date, the company has raised a total of $3,476,980.50. Each working capital unit consists of one common share and one common share purchase warrant, allowing the holder to purchase an additional common share at $0.45 until May 15, 2025. The remaining closing of the offering is expected to take place on or before May 26, 2023. The proceeds will be used for general working capital and to support operations at Gratomic's Aukam project.

Guardforce AI Co. Limited said it has closed an public offering, raising aggregate gross proceeds including the underwriters over-allotment of approximately $13.8 million. The initial offering was for 2,580,600 ordinary shares at a price of $4.65 per share and the underwriters exercised their over-allotment option in full for an additional 387,090 ordinary shares at the time of the closing. EF Hutton, a division of Benchmark Investments, acted as the lead book-running manager for the offering and Spartan Capital Securities acted as the co-manager.

PowerTap Hydrogen Capital Corp has announced that its financial results for its third quarter ended March 31, 2023, as well as its accompanying management discussion and analysis have been filed on SEDAR at www.SEDAR.com

Zinc8 Energy Solutions Inc has announced that Storm Boswick has resigned as director of the company to pursue other endeavours. The company’s board thanked Boswick for his tenure and wish him well in his future.

OTC Markets Group Inc, the operator of regulated markets for trading 12,000 US and international securities, has announced that Techtronic Industries Co. Ltd (TTI), a global leader in cordless Professional Tools, DIY Tools, and Outdoor Power Equipment has qualified to trade on the OTCQX Best Market and has today upgraded from the Pink market under the symbols TTNDY and TTNDF. TTI’s ordinary shares will continue to trade on The Stock Exchange of Hong Kong. Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their US investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the US. To qualify for the OTCQX Market, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws. Joseph Galli, CEO of TTI, commented: “We are delighted to begin trading on the OTCQX market. Hong Kong remains the domicile of TTI’s primary exchange listing, but this new development will add greater liquidity to both our ordinary shares and our ADR program, while making the stock more accessible to a broader global investment community.”

Minto Metals Corp has announced that board members Gati Al-Jebouri, Lazaros Nikeas and Derek White have resigned from the board of directors effective May 12, 2023 and Joe Phillips, Chris Stewart and Jay Johnson resigned effective May 13, 2023. The firm also said that its vice president, HR and camp operations Tracy Dormer and vice president, ESG Loralee Johnstone have both resigned in the past two weeks. Minto told investors it is in contact with stakeholders regarding strategic alternatives and the path forward and will provide an update when available.

Tribe Property Technologies Inc announced that in conjunction with the release of its 2023 first quarter financial results, its management team, consisting of CEO Joseph Nakhla, chief financial officer Jim Defer, and vice president investor relations Shobana Williams, will host a conference call and webcast at 1 PM EDT on Wednesday, May 31, 2023. To participate, call toll free in North America: 1-800-319-4610; international toll: 1-604-638-5340; and then click on the webcast link: https://www.gowebcasting.com/12580. Approximately two hours after the Q&A session has ended, an archived version of the webcast will be available via the webcast URL link above. An audio-only recording of the webcast will also be available in the investor section of Tribe's website.

SpotLite360 IOT Solutions has provided an update on the filing of its financial statements and accompanying management’s discussion and analysis for the fiscal year that ended on December 31, 2022, which the company had previously announced would be delayed. The company reported that the audit is progressing, and it would provide a further update on the timing of its filings on or about May 30, 2023.

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The Markets
by Proactive
Proactive UK has moved.
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