Silver Range Resources Ltd (TSX-V:SNG, OTC:SLRRF) has provided an update on its exploration work in Arizona, partner activity and property option developments.
The precious metals prospect generator said it has staked and conducted preliminary exploration on two targets identified by reconnaissance work in Arizona.
Trillion Energy International said its West Akcakoca-1 gas well at the SASB gas field offshore Turkey is now producing at a rate of 5.3 million cubic feet of gas per day (MMcf/d) following the recompletion of the well.
The company noted that two additional gas bearing intervals, 3,561.5 to 3,564.5 metres (m) measured depth (MD) and 3,498.5 to 3,501.5 m MD, for a total of 6 m were perforated and put onto production at about 5.3 MMcf/d and with a final buildup pressure of 1,794 pounds per square inch (psi).
Novo Resources Corp (TSX:NVO, OTCQX:NSRPF) has received strong endorsement of the company, its project generation capabilities, exploration strategy and Becher Gold Project in Western Australia with major gold explorer and developer De Grey Mining Ltd becoming a strategic partner and making a significant investment.
De Grey has been granted the right to earn a 50% interest in the Egina Joint Venture (JV), which neighbours DEG’s northern Pilbara region gold projects, by spending up to A$25 million on exploration within four years.
Avricore Health Inc that at its recently held its annual general meeting all resolutions proposed by management passed with a majority of votes cast prior to the deadline and were unanimously accepted during the meeting. These included resolutions to elect directors, appoint its auditor and accept a new stock option plan to support the company’s continued growth. “It’s been another amazing year of significant growth and accomplishments and everyone on the team is really excited to get to our next milestones,” said Hector Bremner, CEO of Avricore Health. “We are invigorated by the positive changes in policy and funding of the pharmacy sector and we’re enjoying growing support for HealthTab’s mission to bring chronic and infectious disease screening to pharmacies around the world.”
Nickel North Exploration Corp said its shareholders have approved all matters proposed under its management information circular dated May 19, 2023, at the company's annual general and special meeting held on June 19, 2023. At the meeting, shareholders elected Jingbin Wang, Andrew Lee Smith, Yingting (Tony) Guo and Julie Lemieux as directors of the company, approved the appointed of MNP LLP chartered accountants as auditor for the ensuing year, and authorized the directors to set their remuneration, approved the company's new 10% rolling stock option plan, and shareholders also approved by a special resolution the option agreement with 1844 Resources Inc.
SWMBRD Sports Inc said it has signed an investor relations agreement with Zimtu Capital Corp to provide the company with its ZimtuADVANTAGE program. Zimtu will receive $150,000 from the company for the duration of each one-year contract.
OTC Markets Group Inc, the operator of regulated markets for 12,000 US and international securities, has announced that Gram Car Carriers ASA, the world's third-largest tonnage provider within the Pure Car Truck Carriers (PCTCs) segment, has qualified to trade on the OTCQX Best Market - the third Norwegian company to qualify for OTCQX in 2023 - and has upgraded from the Pink market today under the symbol GCCRF. “We join the OTCQX Market with a clear ambition of generating increased recognition and engagement with a wider base of US investors. Through our fleet of owned and operated car carriers on long-term contracts, we have good earnings visibility and are positioned to deliver attractive dividends to our shareholders. We are confident that cross-trading on OTCQX will create additional long-term value through a broader US investor base and higher trading volumes in our shares,” says Georg A. Whist, the CEO of Gram Car Carriers.
OTC Markets also announced that Ledyard Financial Group Inc, the holding company for Ledyard National Bank headquartered in Hanover, New Hampshire, has qualified to trade on the OTCQX Best Market and has today upgraded from the OTCQB Venture Market under the symbol LFGP. “Since its founding in 1991, Ledyard National Bank has built a reputation for developing meaningful client relationships and delivering financial services in a way that makes life better for our clients, our employees, and the communities we serve,” said Josephine Moran, Ledyard’s President and CEO. “We anticipate that joining the OTCQX Best Market will strengthen and broaden that reputation among investors, and thereby create more value for all shareholders.”
Phunware announced it is participating in leading hospitality conference HITEC, taking place from June 26-29 in Toronto. The company will exhibit its products and solutions, including on-site staff at Booth #2444 in the Metro Toronto Convention Centre Exhibit Hall. Register here: https://my.hftp.org/s/login/?startURL=lt-event%3Fid%3Da1Y3i000009BMA5EAO®=true. Additionally, Phunware is hosting a giveaway for a trip to Atlantis Bahamas Resort, with the winner receiving roundtrip flights and accommodation for two people. Enter here: https://www.phunware.com/atlantis-bahamas-trip-giveaway-rules/. Phunware aims to provide guests with personalized experiences through its mobile app, offering features such as contactless check-in, digital keys, amenity booking, and mobile ordering.
Adamas One Corp, a leading lab-grown diamond company, has entered into a Letter of Intent (LOI) with Miami-based digital agency Neon Flux. Neon Flux will be responsible for managing branding, marketing, e-commerce, and fulfillment for Elle Jolie, Adamas One's luxury jewelry retail business. “Partnering with a well-regarded agency like Neon Flux for our direct-to-consumer initiatives, including managing our e-commerce platform, ElleJoile.com, and the handling of our pick-and-pack fulfillment is an important strategic move that streamlines our marketing, branding, and distribution to a single source that has repeatedly proven to be successful in multiple verticals,” Adamas One CEO Jay Grdina said.
Kainantu Resources Ltd said it has closed a C$0.5 million first tranche of its private placement financing of C$1.8 million, originally announced on May 30, 2023. Under the first tranche of the offering, the company has issued an aggregate of 6,289,551 senior convertible debentures at a price of C$0.08 each to raise gross proceeds of C$503,164.06. A second and final tranche of the offering of up to an additional approximately C$1.3 million remains open and is expected to close in the coming weeks with further updates provided in due course. The net proceeds from the offering are intended to be used, but are not limited to, the potential completion of the acquisition of the Kili Teke Project (which requires a further payment to Harmony Gold (PNG) Exploration Limited of US$400,000 as a condition of closing). In addition, proceeds will be used to advance exploration programmes focusing on specific high-grade potential drilling targets at KRL North (adjacent to K92), KRL South (focusing on the Ontenu target) and May River (primarily at the Mountain Gate prospect). Proceeds will also be used for general working capital purposes.