American Resources Corporation (NASDAQ:AREC) revealed that it has forged a solid South African partnership by signing an offtake agreement to buy over 6% of lithium spodumene ores from regional operating mining concessions which will be refined by it into pure, battery-grade lithium carbonate or hydroxide.
The Fishers, Indiana-based supplier of raw materials to the rapidly growing global infrastructure market, said the lithium spodumene ores from Africa will be refined to greater than 99.9% battery-grade lithium carbonate or hydroxide using its patented ReElement Technologies refining process.
Cobalt Blue Holdings Ltd (ASX:COB, OTC:CBBHF) continues to attract attention with its integrated cobalt supply strategy aimed at servicing future global demand for the critical metal from its planned mine and value-adding projects in Australia.
While work continues on a definitive feasibility study for the Broken Hill Cobalt Project (BHCP) at Broken Hill in Far West New South Wales, the company is also progressing with a plan to establish a refinery at Kwinana in Western Australia.
Coffee with Samso Episode 176 is with Justin Osborne, chair and Crispin Pike, VP, discovery of Matador Mining Ltd (ASX:MZZ, OTCQX:MZZMF).
The Matador Mining story has come a long way since our first conversation in April 2020. The developing story is now moving into the next phase as the 2023 field season is beginning.
FYI Resources Ltd (ASX:FYI, OTCQX:FYIRF) has roped in industry stalwart Raj Kandiah to spearhead its high-purity alumina (HPA) projects ahead of the products hitting the market.
As head of commercial, Kandiah will drive FYI's ambitious global growth strategy and technical product marketing for the company's HPA endeavour.
With major resource definition drilling complete at the Colina Lithium deposit in Brazil, Latin Resources Ltd (ASX:LRS, OTC:LRSRF) is targeting a mineral resource estimate (MRE) upgrade for this month, seeking to grow the contained lithium within the Salinas Project.
Tasked with producing the updated MRE, independent consultants SGS Geological Services are processing 39,033 metres of infill samples from 135 diamond holes at Colina – part of a 65,000-metre infill campaign across the greater Salinas Project – which have confirmed the mineralised system continues to the southwest, still wide open for further exploration.
Vivos Therapeutics Inc has said it plans to release its first quarter 2023 financial results after the market close on Thursday, June 8, 2023. The company will conduct a conference call at 5:00pm (Eastern Time) on June 8 to review the results and provide an overview of recent milestones and developments. To access Vivos’ investor conference call, interested parties can dial (877) 451-6152, or for international callers, (201) 389-0879. A replay will be available shortly after the call and can be accessed by dialing (844) 512-2921, or for international callers, (412) 317-6671. The passcode for the live call and the replay is 13739119. The replay will be available until June 22, 2023. A live webcast of the conference call can be accessed on Vivos’ website at https://vivos.com/investor-relations. An online archive of the webcast will be available on the company’s website for 30 days following the call.
CareRx Corporation has announced that the nominees listed in the circular for its Annual General Meeting, which was held on June 6, 2023, were elected as directors of the company. In addition, all other resolutions put to vote at the Meeting were passed. Puneet Khanna, CareRx's newly appointed president and CEO, and Jeff Watson, former CEO of Apotex Inc., join the board as directors. "On behalf of the Board of Directors, we are pleased to welcome Puneet and Jeff to the CareRx Board," said Kevin Dalton, chairman of CareRx. "The Board has the utmost confidence in Puneet's ability to guide the Company through its next phase of its long-term growth journey. Additionally, we are excited to have Jeff join as a new director, bringing fresh perspectives and invaluable expertise. Finally, I would like to extend the Board's sincere gratitude to Matt Hills, who did not stand for re-election. Matt served as director for four years and contributed greatly to our success."
G Mining Ventures Corp said that at its Annual General and Special Meeting of Shareholders, held on Tuesday June 6, 2023, shareholders approved the election of all nominated directors, the appointment of auditors, a change of registered office location, and the company’s new omnibus equity incentive plan.
Amaroq Minerals Ltd has announced that as part of its Nasdaq Main Market listing process in Iceland, in addition to engaging Landsbankinn hf. as project manager and advisor on the admission, the company has engaged Fossar Investment Bank hf. to assist in introducing Amaroq to investors, organizing investor meetings, and advising and analysing the potential effects the admission has on the liquidity and formation of the share price. Fossar is a related party as it is a company in which Sigurbjorn Thorkelsson, a non-executive director of Amaroq, is chairman of the board and indirectly controls over 30% of the capital. Amaroq has agreed to pay Fossar £15,000 (C$25,000) and Amaroq will be responsible for any ancillary expenses on the planned engagement. The engagement will end upon the completion of admission. Separately, Amaroq said a recording of the company's Capital Markets Day for the Icelandic market is now available to view on its website at: https://www.amaroqminerals.com/investors/. The presentation slides used for the event are also uploaded to website, and are available to view at: https://www.amaroqminerals.com/investors/presentations/
Tajiri Resources Corp has issued a clarification relating to disclosures contained in its May 23, 2023, news release that included reporting of drill results on a property adjacent to 'The Gargantuan' Project' located in Guyana, South America. Firstly, the company notes that it does not currently hold any interest in the Gargantuan Project and is only party to a non-binding letter of intent (LOI) to acquire it and the Epeius Project under terms detailed in a news release on June 24, 2020. The company is currently in the process of preparing filings and NI43-101 technical reports to facilitate a shareholder vote on the approval of the acquisition. Secondly, the company advised that results reported in its May 23rd announcement were sourced solely from a third-party news release and Tajiri's Qualified Person responsible for the review of technical details included therein had no access to the data on which the information was based and therefore, by definition, was unable to independently confirm or verify their accuracy or reliability.
Valeo Pharma Inc has said it report its financial results and highlights for the second quarter ended April 30, 2023 on Tuesday June 13, 2023 after the market close. The company will also host a conference call to discuss those results and highlights on Wednesday June 14, 2023 at 8.30am ET. To join the conference call without operator assistance, interested parties may register and enter your phone number at https://emportal.ink/3MQ63Vs to receive an instant automated call back or can dial direct with the following details: Conference call ID 85029860; Dial-in numbers 1-888-664-6392 or 416-764-8659; Audio replay numbers 1-888-390-0541 or 416-764-8677; Replay code 029860 #. A live audio webcast of the conference call will be available via: https://app.webinar.net/n3Z7jMNQv9N
Los Andes Copper Ltd announced that Resource Capital Fund VI L.P (RCF) has exercised the 1,340,000 warrants of the company that it held. Accordingly, the company has received $6,700,000 and has issued 1,340,000 new ordinary shares. The warrants were offered in connection with an $8.8 million private placement which was completed in two tranches with the first tranche closing on May 7, 2018 and the second closing on June 7, 2018. Los Andes Copper chairman, Eduardo Covarrubias, commented: "We would like to thank RCF for their continued support of the Company as it progresses its Vizcachitas Project. The PFS released earlier this year demonstrated that we have a tier one copper project in a prime location at a time when copper supply is facing substantial challenges to enable the goals of electrification set for the coming years."
BioVaxys Technology Corp held its Annual General Meeting on June 6, 2023, and announced the successful approval of all resolutions outlined in the Information Circular. The meeting re-elected James Passin, Anthony Dutton, and Craig Loverock as directors for the upcoming year. Other approved resolutions included setting the number of directors at three, re-appointing Dale Matheson Carr-Hilton LaBonte LLP as the auditor, and re-approving the company's Stock Option Plan. Additionally, BioVaxys announced the resignation of Dasha Enenko as Chief Financial Officer and Corporate Secretary, with James Passin taking over as Interim CFO and Interim Corporate Secretary until a permanent replacement is found.
Eskay Mining Corp has announced the termination of an amended cost-sharing agreement with Seabridge Gold Inc and its subsidiary, KSM Mining ULC. The agreement was related to the construction of the first segment of the Coulter Creek Access Road, and due to delays and uncertainties, Eskay will not have access to or use of the road for its 2023 exploration program. The parties have released each other from their obligations under the agreement, and Eskay will have the option to request a road use agreement after the completion of the road segment, subject to certain conditions and payments.