In the vast landscapes of Cochise County, Arizona, Liberty Star Uranium & Metals Corp. (OTC:LBSR), a dedicated mineral exploration company, has pinpointed what could potentially be a hot new gold prospect.
Nestled around six miles southeast of the iconic town of Tombstone, Liberty Star’s claims include a 40-acre mineralized zone within the Red Rock Canyon area. With surface outcrop expression and a history of significant gold mineralization, Liberty Star's latest discovery has ignited excitement and anticipation within the mining industry.
New York-based biotechnology company Immunic Inc (NASDAQ:IMUX) has one or more potential blockbusters in its clinical pipeline.
The firm’s promising lead asset vidofludimus calcium (IMU-838) is an oral drug in Phase 3 clinical trials for patients with multiple sclerosis (MS), a disabling neurological condition caused by the immune system attacking the protective layer around nerve cells, triggering dizziness, muscle atrophy and vision loss.
Ilika PLC (AIM:IKA, OTCQX:ILIKF) has appointed Louise Turner to the role of VP Product Development, a promotion from her current position as technical director.
Turner will take over line management responsibility for Ilika's Stereax and Goliath product development programmes from Robin Bell, who is taking on an advisory role as new product introduction director.
Tocvan Ventures Corp has said the five million common shares the company previously received from the sale of the Rogers Creek property to Cascade Copper Corp on April 22, 2022, will be paid to Tocvan shareholders as an in specie dividend in the form of Cascade Copper common shares. Tocvan's board of directors has set a record date of May 31, 2023, for the dividend. Eligible Tocvan shareholders will receive one Cascade Copper common share for every 7.9852 Tocvan shares they hold at the close of business on the record date. Cascade Copper shares have a current fair market value of 11 cents. The payable date for the dividend is June 16, 2023.
Jolt Health Inc said it is undertaking a non-brokered private placement of up to $400,000. Jolt intends to use the net proceeds of the offering for general working capital and to review possible acquisitions. Under the offering, the company will issue up to 27,972,028 units at a price of $0.0143 per unit. Each unit consists of one common share and one common share warrant. Each warrant entitles the holder to subscribe for one additional common share for a period of two years from the date of closing at a price of $0.05, subject to the company’s option to accelerate the expiry date if the stock trades at $0.15 for 10 trading days.
Southern Energy Corp has announced that at its annual general and special meeting held on June 15, 2023, all of the nominees listed in the company's management information circular dated May 1, 2023 were elected as directors of the company until the next annual meeting of shareholders or until their successors are elected or appointed. The Company also announced that Michael Kohut and Paul Baay, who both decided not to stand for re-election at the annual meeting, have retired from the company's board of directors. The company's board of directors and management team thanked both for their leadership and valuable contributions made during their respective tenures as directors of Southern Energy. All other items of business put forward to shareholders at the annual meeting were approved.
Amaroq Minerals Ltd has announced that at its AGM held on June 15, 2023, shareholders voted in favour of all items put forward.
Ocean Power Technologies Inc announced that it will report its fiscal 2023 fourth quarter and full-year ended April 30, 2023, results after the market closes on Wednesday, July 12, 2023. A conference call has been scheduled to discuss OPT’s financial results the following morning, Thursday, July 13, 2023, at 9.00am Eastern time. Philipp Stratmann, CEO, Bob Powers, CFO, and Joseph Dipietro, Treasurer and Controller, will host the call. The dial-in numbers for the conference call are 877-407-8291 or 201-689-8345. The live webcast lonk is: Link to Webcast - OPT 4Q 23 Earnings. A call replay will be available by telephone approximately two hours after the call's completion until August 13, 2023. Interested parties can access the replay by dialing 877-660-6853 from the U.S. or 201-612-7415 for international callers and using the Conference ID 13738942. The archived webcast will also be available on the OPT investor relations section of its website. In an effort to increase relations with institutional investors, OPT management has also dedicated time to hosting individual meetings with portfolio managers and analysts starting on July 14. Those interested in scheduling a meeting with OPT management, can contact InvestorRelations@oceanpowertech.com or 609-730-0400 x401.
Anfield Energy Inc said it has entered into an agreement with Haywood Securities on behalf of a syndicate of agents, which have agreed to sell, on a commercially reasonable efforts private placement basis, 90,909,090 units of the company at a price of 5.5 cents per unit, for aggregate gross proceeds of $4,999,999.95. Each unit will comprise one common share in the capital of the company plus one-half of one share purchase warrant. Each warrant will entitle the holder to purchase one share at an exercise price of 8.5 cents for 24 months following the completion of the offering. The company said it plans to use the net proceeds from the offering to finance the advancement of the company's uranium and vanadium assets in the United States, and for general corporate purposes, including the acquisition of the Marquez-Juan Tafoya uranium project in New Mexico.
FansUnite Entertainment Inc said it has received approval from the Toronto Stock Exchange (TSX) to renew its normal course issuer bid (NCIB) for a 12-month period. Under the terms of the renewed NCIB, FansUnite may purchase up to 17,898,515 common shares of the company, representing 5% of the 357,970,305 issued and outstanding shares as of June 14, 2023. The NCIB will commence on June 20, 2023, and may extend for a period of up to 12 months from the commencement date. The company intends to acquire 7,000,000 shares under the NCIB, representing approximately 1.96% of the issued and outstanding Shares. All purchases by the company under the NCIB will be made through Research Capital Corporation, as broker dealer of the company, using FansUnite’s existing cash resources, and all shares purchased under the NCIB will be cancelled. It is expected that any purchases made by the Company could also enhance value and liquidity for its shareholders. Under its prior NCIB, which commenced on June 15, 2022 and ended on June 14, 2023, FansUnite purchased 552,000 shares at a volume weighted average price of $0.13 per share.
Power Nickel and Quebec Nickel will be participating in THE Mining Investment Event of the North, June 19-21, 2023, at the Fairmont Chateau Frontenac and Voltigeurs de Quebec Armoury in Quebec City, Canada. Power Nickel CEO Terry Lynch will be presenting at 2:00PM ET on June 20th, and management from Québec Nickel will be holding one-on-one investor meetings throughout the three-day conference. Interested parties should contact Jennifer Choi at jchoi@vidconferences.com to inquire about registering to attend.