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The Markets
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Small cap snapshot: Cloud DX, AmeraMex, Troilus Gold, ARWay.ai, First Mining, NorthWest Copper UPDATE...

Atossa Therapeutics Inc (NASDAQ:ATOS) announced that the United States Patent and Trademark Office (USPTO) has granted a new patent (No 11,680,036) directed to the company’s enterically encapsulated endoxifen compositions formulated as a suspension.

The clinical-stage biopharmaceutical firm said the patent includes all liquid suspension formulations suitable for oral administration and dispersible tablets, powders, granules, pellets or sprinkles for reconstitution, which are commonly used for pediatric administration.

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Accesso Technology Group PLC (AIM:ACSO, OTC:LOQPF)'s $38.5 million acquisition of VGS, a ticketing and visitor management platform, positions the company to significantly enhance its global presence, particularly in the Middle East and Asia, according to Steve Brown, CEO of Accesso, in an interview with Proactive's Thomas Warner.

VGS, whose clients include the world's leading theme park destination located in Orlando, enables Accesso to make considerable inroads in markets where its presence had been minimal.

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BioVie Inc (NASDAQ:BIVI) said it will present an abstract showcasing baseline data from its Phase 3 study (NCT04669028) of NE3107 in patients with mild to moderate Alzheimer’s disease at the 83rd Scientific Sessions of the American Diabetes Association.

The event is scheduled for June 23-26 in San Diego, the company said.

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BioHarvest Sciences Inc. (CSE:BHSC, OTC:CNVCF) announced that its flagship red grape-based supplement VINIA will be incorporated into new products targeting the food and beverage and nutraceuticals markets.

The company said it has identified opportunities to drive differentiated and winning product propositions around VINIA and its blood flow benefits, including across the three major categories of functional coffee and decaffeinated coffee pods, protein bars, and electrolyte beverages.

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ARway.ai (CSE:ARWY, OTCQB:ARWYF) has announced the provisional patent approval for its groundbreaking technology called 'Device Localization based on Computer Vision and Visual Inertial Odometry'.

The patent filing with the United States Patent and Trademark Office marks a significant advancement in Augmented Reality (AR) innovation and establishes ARway at the forefront of the $44 billion global indoor positioning and indoor navigation market.

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Predictmedix Inc. (CSE:PMED, OTCQB:PMEDF) has announced the closing of its previously announced private placement which saw the issue of 10,510,000 units at a price of $0.10 per unit to investors for gross proceeds of $1,051,000.

Each unit consists of one common share of the company and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share for a period of two years from closing at an exercise price of $0.15 per share.

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Arrow Exploration has reported another good result from the Carrizales Norte-1 (CN-1) discovery well on the onshore Colombia Tapir Block, said SP Angel.

A ten-well drilling programme is underway at Tapir, with each of the wells anticipated to add around 3-400 barrels a day.

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Chariot Ltd ended the last financial year on a strong footing. Following a successful $29.5 million funding round, the transitional energy specialist closed 2022 with $12.1 million in cash, no outstanding debts, and minimal work obligations.

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Web3 investor, advisor and venture builder Coinsilium Group Ltd (AQSE:COIN, OTCQB:CINGF) generated £211,500 in revenues in 2022, marking a 60% year-on-year decrease, in line with the bearish crypto markets.

Impairment of financial assets amounted to £273,300 compared to £147,600 in 2021, with total comprehensive losses exceeding £2mln compared to a £14,000 gain in 2021.

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Polarean Imaging PLC (AIM:POLX, OTC:PLLWF) has appointed Christopher von Jako as its new chief executive. Effective immediately, von Jako takes over from Richard Hullihen, who is retiring but will remain in a transitional role for six months.

Hullihen's tenure as CEO since 2017 saw considerable advancement for Polarean. He guided the company through a successful IPO in 2018, capital raises exceeding US$60mln and the launch of XENOVIEW, an FDA-approved method of using MRI to image the lung.

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Active Energy Group PLC said it has secured a European Union trademark for its proprietary CoalSwitch 'black pellet' biomass technology.

The European Union Intellectual Property Office (EUIPO) provided its sign-off (registration number 018826869), adding to similar approvals in the US and the UK and further bolstering the company's intellectual property portfolio.

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Orthocell Ltd (ASX:OCC, OTC:ORHHF) has received a Research and Development (R&D) Tax Incentive refund of A$3.17 million for the financial year 2021/2022, which gives it a 14.5% boost to cash reserves.

The Australian-based regenerative medicine company will use the money to achieve several milestones including:

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Tamboran Resources Ltd (ASX:TBN, OTC:TBNRF) has signed a framework agreement with the Clean Energy Fuels Australia (CEFA) group to obtain exclusivity over gas compression and liquefaction facilities for potential early production from the Beetaloo Basin in Australia's Northern Territory.

This collaboration could fast-track gas production and reduce flaring from appraisal wells, aligning with the Northern Territory's regulations encouraging the "beneficial use of gas".

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Canada Silver Cobalt Works Inc said it has filed its audited consolidated financial statements for the fiscal year ended Dec. 31, 2022, and condensed interim consolidated financial statements for the three months ended March 31, 2023, as well as the related management's discussion and analysis and CEO (chief executive officer) and CFO (chief financial officer) certifications. The documents are available under the corporation's profile on SEDAR and the financial statements and MD&A (management's discussion and analysis) are also available on the corporation's website. The company also announces that the British Columbia Securities Commission has revoked the management cease trade order (MCTO) issued on May 2, 2023.

The Toronto Stock Exchange (TSX) has reported that PyroGenesis Canada Inc. president and chief executive officer P. Peter Pascali has filed an intention to sell up to 800,000 common shares of PyroGenesis that he holds through Fiducie de Credit Mellon Trust. According to the TSX, Pascali currently holds 66,642,941 shares of the company. He also holds 5,636,000 shares through 8339856 Canada Inc., 4,039,757 shares through Fiducie de Credit Mellon Trust and four million shares through The 2% Solution Foundation. The earliest sale date is June 26, 2023.

Hillcrest Energy Technologies Inc has announced the results of voting at its Annual General Meeting (AGM) held Wednesday, June 20, 2023, at which shareholders overwhelmingly voted in favour of all items put forward by the board of directors and management. The company also said it has approved the issuance of 500,000 common shares at a price of $0.56 each to Venture Liquidity Providers Inc., as consideration for the provision of various business development and corporate services over the next 12 months. Hillcrest also corrected previously announced information contained in its June 14, 2023 news release. The compa\ny said it granted 261,651 incentive stock options to certain employees of the company. This total reflects 26,315 fewer incentive stock options than originally reported. All other provisions relating to the grants remain unchanged. In addition, the Company granted 3,359,283 restricted stock units (RSUs) to certain employees, officers, directors and consultants of the company. This total reflects 8,157 more RSUs than originally reported. 1,445,553 of the RSUs vest immediately, 210,527 vest on July 3, 2023, and the remaining 1,705,203 vest over a three-year period. All other provisions relating to the grant remain unchanged.

OTC Markets Group Inc, the operator of regulated markets for 12,000 US and international securities, has announced that Yerbaé Brands Corp, a beverage industry pioneer, has qualified to trade on the OTCQX Best Market and has today upgraded from the Pink market under the symbol YERBF. “We are incredibly proud to begin trading on the OTCQX Best Market in the US marketplace. Yerbaé is competing in one of the largest consumed categories in the beverage industry, with millions of active consumers daily, so we feel very privileged to offer our health-conscious consumers the opportunity to invest in a brand that they have come to know and love on a U.S. marketplace! With our newfound presence on the OTCQX, we are poised to expand our reach, enhance shareholder value, and foster long-term growth,” said Todd Gibson, co-founder, CEO and a director of Yerbaé.

United Lithium Corp has announced the voting results from its annual general meeting of shareholders held on June 20, 2023. All directors nominated as listed in the information circular dated May 16, 2023, were elected. At the meeting, the shareholders also approved the re-appointment of Dale Matheson Carr-Hilton LaBonte LLP as the auditor of the company for the ensuing year and authorized the directors to fix their remuneration; and the company’s Stock Option Plan. The total number of common shares of United Lithium represented by shareholders in person or by proxy at the Meeting was 10,443,464 common shares, representing 8.47% of the total issued and outstanding common shares at the record date for the meeting. United Lithium also announced that it has granted incentive stock options to certain directors and consultants of the company to acquire an aggregate of 1,165,000 common shares at an exercise price of $0.35 in accordance with its 10% rolling Incentive stock option plan. The options vest immediately upon grant and are exercisable for a period of sixty months.

Blue Sky Uranium Corp has announced an increase of the units issued under the recently closed first tranche of its non-brokered private placement from 14,155,635 to include an additional 666,666 units for a new total for the first tranche of 14,822,301 units for aggregate gross proceeds of $1,111,672.58. The proceeds of the financing will be used for exploration programs on the company's projects in Argentina and for general working capital.

First Phosphate Corp has announced that members of its management team and board of directors have acquired 50% of the common shares owned by Glen Eagle Resources Inc. This transaction, outlined in a share purchase agreement, involves the acquisition of 2,700,000 common shares by the purchasers, while Glen Eagle retains 2,700,000 common shares. These shares were initially received by Glen Eagle for the sale of the Lac à l'Orignal flagship property to First Phosphate Corp.

Sigma Lithium Corporation will be presenting and participating at the JPMorgan Energy, Power & Renewables Conference in New York City on June 21 and 22. The company will also be available for one-on-one meetings at the conference. A webcast replay will be available following the conference on Sigma’s investor relations website at https://sigmalithiumresources.gcs-web.com.

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