Tamboran Resources Ltd (ASX:TBN, OTC:TBNRF) has signed non-binding memorandums of understanding (MoU) with global gas and oil companies BP and Shell for supply of up to 4.4 million tonnes per annum of liquid natural gas (LNG) from the proposed NTLNG project at Middle Arm.
More specifically, the two MoUs offer BP and Shell the opportunity to each purchase up to 2.2 million tonnes of LNG per year over a 20-year period.
The M&A market is under the weather. Nearly halfway into 2023, global transaction values total $1.1 trillion, $900 billion less than this point last year.
One of the lone bright spots for investors looking to find relief has been the healthcare sector, which has actually seen M&A volume increase nearly 25% to $157 billion, according to data compiled by Bloomberg.
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).
Futura Medical PLC (AIM:FUM, OTC:FAMDF) has reported an encouraging growth trajectory for its erectile dysfunction gel, Eroxon.
In an update ahead of the company's annual general meeting, the firm announced that initial orders and market demand for the product had met expectations, with net revenues for the six months ending 30 June 2023 expected to reach at least £1.5mln.
Anglo Asian Mining PLC (AIM:AAZ, OTC:AGXKF) confirmed it expects the first of its two new mines under construction, Gilar, to move into production later this year.
Gilar, along with Zafar, its other new mine, is crucial in the company’s plans to become a mid-tier copper producer within five years, said chief executive Reza Vaziri ahead of its AGM.
Biotech firm Roquefort Therapeutics PLC (LSE:ROQ, OTCQB:ROQAF) has reported significant progress in its quest to treat Midkine-expressing cancers.
The programme uses anti-cancer RNA oligonucleotides, small DNA-like molecules used in gene therapy, and has shown over 90% efficacy in laboratory tests on human liver and neuroblastoma cancer cells.
Poolbeg Pharma PLC (AIM:POLB, OTCQB:POLBF) said important preclinical work is starting on a programme to produce a breakthrough oral vaccine - a venture that is backed by non-dilutive grant funding from the Irish government's Disruptive Technologies Innovation Fund, investors were told.
The update comes as the Poolbeg-led EncOVac Consortium enters the project's next phase to validate the encapsulation process, which is expected to be completed in the second half of this year.
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.
European Lithium Ltd (ASX:EUR, OTCQB:EULIF) has strengthened its critical minerals standing in the heart of Europe by completing the acquisition of highly prospective lithium ground in the resource-rich Styria mining district of Austria near its advanced Wolfsberg Lithium Project.
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.
Recruiter.com Group Inc and GoLogiq will be hosting a joint virtual conference call on June 26, 2023, to discuss the current state and future plans of GoLogiq following the anticipated asset purchase by Recruiter.com. Shareholders and interested parties can register for the conference call, and a recorded version will be available afterward. The call aims to provide insights into GoLogiq's operations, innovative mobile fintech solutions, and its role within the newly formed entities, as well as the future trajectory of both companies post-acquisition. Register for the conference call here: https://streamyard.com/watch/Z9RX2KtM2y28.
QC Copper and Gold Inc has provided an update on its progress in completing the mineral resource estimate for the Opemiska copper project in Quebec. The company has conducted a thorough analysis of the geology, utilizing over 800,000 meters of drilling, 300,000 historical assays, and nearly 100,000 meters of its own drilling. While the report is not expected to be published in the current quarter, the mineral resource estimate is in its final stages. QC Copper aims to create a high-quality database that will allow potential operators or major mining companies to evaluate the asset and have confidence in the geological interpretation.
Atossa Therapeutics, a biopharmaceutical company focused on breast cancer treatment, has announced its sponsorship of the Are You Dense MusicFest 2023. The event, organized by Are You Dense, aims to educate the public about the risks and challenges associated with dense breast tissue and its impact on breast cancer detection. Are You Dense, Inc. strives to improve breast health education, support those diagnosed with breast cancer, advocate for policy changes, and fund research on breast cancer prevention and treatment. The MusicFest will be held on June 24 in Waterbury, Connecticut, and tickets are available for purchase through the Seven Angels Theater website.