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The Markets
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The Markets
by Proactive
Proactive UK has moved.
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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: Jolt Health, Royal Helium, PyroGenesis, Clean Air Metals, Plurilock, Sidus Space UPDATE...

Scancell Holdings PLC (AIM:SCLP, OTC:SCNLF), which is developing groundbreaking immunotherapies, is set to showcase early promising results from its ModiFY phase I/II cancer vaccine clinical trial at the 2023 American Society of Clinical Oncology Meeting in Chicago.

Dr Robert Miller, the company's medical director, will detail the process and initial findings of its Modi-1 vaccine, generated by Scancell’s Moditope platform.

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European Lithium Ltd (ASX:EUR, OTCQB:EULIF) has signed a binding term sheet with Saudi-based Obeikan Group to jointly develop and operate a lithium hydroxide processing plant in Saudi Arabia through an incorporated 50:50 joint venture.

The processing plant capital investment will be fully funded through the JV, with EUR’s equity contribution expected to be in-kind, subject to a valuation.

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American Rare Earths Ltd (ASX:ARR, OTCQB:ARRNF) has delivered encouraging results from a series of metallurgical tests conducted at its Halleck Creek project in Wyoming, potentially the largest, rare earth project in the United States.

The results hold significant implications for the Halleck Creek project, hinting at potential opportunities to decrease both operating and capital costs.

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Irwin Naturals Inc said its shares resumed trading on the Canadian Stock Exchange (CSE) yesterday. The trading suspension was lifted after the company filed its annual financial statements.

Terran Orbital, a global leader in satellite-based solutions primarily serving the aerospace and defense industries, has announced that its chief financial officer, Gary Hobart, will present at the Stifel 2023 Cross Sector Insight Conference at the InterContinental Boston. Hobart will participate in a fireside chat hosted by Stifel vice president Erik Rasmussen on Tuesday, June 6 at 3:35 pm ET in the Griffin/Robinson room. A webcast of the presentation is available at the following link: https://wsw.com/webcast/stifel80/register.aspx?conf=stifel80&page=tero&url=https://wsw.com/webcast/stifel80/tero/2109190.

Zoglo’s Food Corp said its CEO Val Jedras has resigned with effect from June 1, 2023. The company thanked Jedras for his time serving as CEO and director, and said it is currently searching for a suitable replacement.

Numinus Wellness Inc said its founder and CEO Payton Nyquvest will participate in a Water Tower Research Fireside Chat on Wednesday, June 7, 2023, at 1pm ET/10am PT, with the discussion focusing on the company's strategic initiatives to prepare for the expansion of services to include MDMA-assisted therapy, and other upcoming catalysts.

Lumina Gold Corp said it has filed on SEDAR an independent technical report prepared in accordance with National Instrument 43-101, supporting the results of a Pre-Feasibility Study (PFS) for the development of its Cangrejos gold-copper project in southwest Ecuador. The results of the PFS were previously reported in a news release on April 17, 2023, and there are no material differences in the report from those results, Lumina said. The full report dated June 1, 2023, and entitled ‘Cangrejos Gold-Copper Project NI 43-101 Technical Report on the Pre-feasibility Study’, can be found on the company's website at https://luminagold.com/projects/cangrejos-project/technical-reports.

Looking Glass Labs Ltd has reached a debt settlement agreement with a creditor, resulting in the elimination of $367,500 of the company's indebtedness through the issuance of 7.35 million common shares. The shares will be subject to a hold period of four months plus a day. The company is actively seeking new sources of working capital, exploring options such as equity and debt financing, while also implementing cost control measures. However, challenging market conditions and economic difficulties in the blockchain technology and metaverse development sectors have made it difficult for the company to secure funding. The board of directors has determined that the debt settlement is necessary to improve the company's financial position.

Manganese X Energy Corp held its annual general and special meeting of shareholders, where all resolutions were passed. The shareholders approved the appointment of five directors, re-appointed the company's auditor, and approved a new security-based compensation plan. They also agreed to cancel the existing articles of the company and adopt a new set of articles. The decisions were in line with the resolutions presented in the company's management information circular.

Los Andes Copper Ltd has chosen to issue 11,550 common shares to Queen's Road Capital Investment Ltd as payment for interest owed on convertible debentures. The shares will be issued at a deemed price of US$9.09 (C$12.25) to cover an amount of US$104,990 (C$141,604) in interest. The issuance is subject to the terms of the debentures and the necessary approvals, including from the TSX Venture Exchange.

Bioharvest Sciences Inc has granted a total of 600,000 stock options to consultants. The stock options granted are exercisable to purchase a common share of the company at a price of $0.21 per share for a term of 10 years and will vest quarterly over a three-year period.

Troilus Gold Corp announced that it is participating in the upcoming 121 Mining Investment Conference in New York City. 121 Mining Investment New York will be hosting over 80 mining companies and more than 300 sophisticated investors for two days of pre-arranged, targeted 1-2-1 meetings. This year’s event is being held on June 5-6, 2023. Any investors who would like to attend 121 Mining Investment New York can register for a free pass here: https://hubs.la/Q01NlLpj0

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