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The Markets
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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: Falcon Gold, Magna Mining, CULT Food Science, Carlyle Commodities, East Side Games, Rio2 UPDATE...

Imugene Ltd (ASX:IMU, OTC:IUGNF) has appointed Kim Drapkin to its board as a non-executive director.

The clinical-stage immuno-oncology company will draw on Drapkin’s understanding of the US mid-cap biotechnology ecosystem.

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Liberty Star Uranium & Metals Corp. (OTC:LBSR) told investors it has received a positive independent evaluation of its wholly-owned Red Rock Canyon Gold Project (RRC) in southeast Arizona's Cochise County.

The mineral exploration company said the evaluation, by independent consulting geologist James Bryce, found that the entire land package has great potential to host both gold and base metal mineralization since it appears to contain an entire porphyry system from intrusive up to boiling epithermal veins at surface.

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G Mining Ventures Corp (TSX-V:GMIN, OTCQX:GMINF) is putting the focus firmly on its sustainability efforts in Brazil with the publication of its first Environmental, Social, and Governance (ESG) Report.

Alongside the publication, the Brazil-focused mining company announced the promotion of Eduardo Leão to vice president, sustainability.

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Phunware Inc (NASDAQ:PHUN) has announced that its mobile engagement solution is now powered by artificial intelligence (AI) to deliver personalized, targeted marketing campaigns curated for specific users.

The company said its platform allows brands to identify, locate, and engage the right customers at the right time, and with the addition of AI, it can ensure the customers receive the right message.

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Railtown AI Technologies Inc has announced that, due to investor demand, it is increasing the maximum number of units of the company issuable in connection with its previously-disclosed non-brokered private placement from 10,000,000 to 13,333,333, for aggregate gross proceeds of up to $2 million. The $0.15 issue price of the units and the $1.2 million minimum size of the offering are unchanged. Each unit will still consist of one common share in the capital of the company and one-half of one common share purchase warrant. Each warrant will still entitle the holder to acquire one additional share at an exercise price of $0.25 each for a period of 36 months from the closing date of the offering.

Steppe Gold Ltd has announced that the shareholders of Anacortes have approved the previously announced acquisition by Steppe Gold of all of the issued and outstanding common shares of Anacortes at a special meeting held on June 19, 2023. Under the terms of the arrangement, Anacortes shareholders will receive 0.4532 of a common share of Steppe Gold for each Anacortes share held. Completion of the arrangement remains subject to receipt of the final order of the Supreme Court of British Columbia and approval of the Toronto Stock Exchange and the TSX Venture Exchange, and certain other customary closing conditions. Assuming that all conditions to closing are satisfied or waived, the arrangement is expected to become effective on or about June 22, 2023.

Wellbeing Digital Sciences Inc has announced that its wholly owned subsidiary KGK Sciences Inc will participate at the upcoming Mushroom Summit, taking place on June 19-20th, and Psychedelic Science, taking place on June 21-23rd in Denver Colorado. Andrew Charrette, Director Regulatory Affairs, KGK Science Inc., will participate on the ‘Decomposing Regulatory Risk: How to Develop and Market Compliant and Impactful Myco Products’ panel at 2.30pm MDT on June 20. At Psychedelic Science 2023 Charrette will participate on several panels: ‘Recreational vs Rx Market – The Future of Natural Psychedelics in the Kaleidoscope of Evolving Regulations (11.30am MDT on June 21) ‘Show Me the Data – Navigating Psychedelic Naysayers’ (10.15am. MDT on June 22); and ‘Successful Protocol Designs for Psychedelic Clinical Trials – Use of Imaging, Biomarkers and Patient-Reported Outcomes’ (3.45pm. on June 22). Najla Guthrie, CEO of KGK & Wellbeing will also participate on two panels: ‘Elephant in the Room? Safety and Abuse Liability in the Development of Psychedelic Drugs and Psychoactive Foods’ (3.45pm MDT on June 21); and 'Show Me the Data – Navigating Psychedelic Naysayers’ (10.15am MDT on June 22). For more information about the conference, or to schedule a one-on-one meeting with Wellbeing management team, interested parties can email Natalie Dolphin at ndolphin@wellbeingdigital.co.

Sonoro Gold Corp said it has closed the first tranche of its previously announced C$3.0 million non-brokered private placement by issuing 17 million units at a price of C$0.10 each, for gross proceeds of up to C$1.7 million. The net proceeds from the offering will be used to fund the ongoing development of a proposed heap leach mining operation at the company’s Cerro Caliche gold project in Sonora, Mexico. Each unit in the offering consists of one Sonoro common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional Sonoro common share for a period of two years from the closing of the private placement at an exercise price of C$0.15 per share. Directors and Officers of the company participated in the offering by subscribing for 13,187,260 units for gross proceeds of $1,318,726.

RocketFuel Blockchain Inc will hold an investor call on June 20, 2023, at 11:00 AM ET to discuss recent developments. The call will cover topics related to the company's global payment solutions, including ACH bank transfers, Bitcoin, and other cryptocurrencies. Dial in at +1 669 900 6833 using Meeting ID:98287759244 and Passcode:821665, or listen on the web: https://audience.mysequire.com/webinar-view?webinar_id=e3438932-b960-438c-a1d5-0f1ae158e8f6.

Lucky Minerals Inc has announced the closing of the non-brokered private placement announced on May 2, 2023, under which the company issued an aggregate of 1,080,000 units at a price of $0.05 each for total gross proceeds of $54,000. Each Unit consists of one common share in the capital of the company and one non-transferable common share purchase warrant. Each warrant is exercisable to acquire one share at an exercise price of $0.05 per share until June 19, 2027. Insiders of the company acquired an aggregate of 780,000 units in the offering. The company intends to use the proceeds from the Offering for general working capital purposes. In addition, the company announced the resignation of Jeannine Webb, who has served as its chief financial officer for since 2020. The company has appointed Robert Rosner, a long-time member of its board of directors and former CEO, as Interim CFO. The company thanked Webb for her exemplary service and commitment and wished her every success in her future endeavours.

Cloud DX Inc has closed the final tranche of its private placement, raising gross proceeds of $252,400 and taking total aggregate gross proceeds under the placement to $2,854,284. Under the final tranche, the company issued 1,802,855 units, with each unit consisting of one common share and one common share purchase warrant. The company plans to use the net proceeds of the final tranche of the placement for repayment of accrued debts and general corporate purposes.

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