Hillcrest Energy Technologies Ltd (CSE:HEAT, OTCQB:HLRTF) is a Canadian clean tech company playing a role in the global shift to green energy. The company specializes in optimizing electrical systems, such as those used in electric vehicles, with its proprietary Zero Voltage Switching (ZVS) Inverter Technology, a cutting-edge approach that minimizes switching losses.
Hillcrest’s in-house power electronics hardware and control firmware combine to enhance efficiency, performance and reliability in electric systems – think control systems and power conversion devices for next-generation electric and fuel cell vehicle powertrains, charging applications and renewable energy systems.
Imagine a world where we harness the power of plants to improve human wellness without harming the environment. Israeli biotech innovator BioHarvest Sciences Inc. (CSE:BHSC, OTC:CNVCF) is turning this vision into reality through its Bio-Plant CELLicitation plant cell technology, which is paving the way for a new era of sustainable and highly effective botanical compositions.
BioHarvest's patented technology sets the company apart from traditional agriculture by producing botanical compositions without the need to grow the entire plant. These compositions are rich in primary and secondary metabolites such as proteins, phenolics, terpenes, steroids and alkaloids, which are of significant value to the nutrition and health industries. The botanical compositions produced through BioHarvest's platform technology are highly bioavailable, consistent, pure, patentable and environmentally sustainable.
Atossa Therapeutics Inc (NASDAQ:ATOS), which is developing medicines aimed at oncology and breast cancer, revealed that six patients have been dosed with its proprietary selective estrogen receptor modulator (SERM), (Z)-endoxifen, in the ongoing Phase 2 I-SPY 2 clinical trial.
The Seattle-based clinical-stage biopharma company said (Z)-endoxifen is being evaluated as a neoadjuvant treatment for patients with newly diagnosed estrogen receptor-positive (ER+) invasive breast cancer, whose tumors are predicted to be sensitive to endocrine therapy, but for whom chemotherapy is expected to provide little, or no benefit.
Coinsilium Group Ltd (AQSE:COIN, OTCQB:CINGF), a leading Web3 investor and advisor, continues to push forward despite a challenging year marked by volatile crypto markets and a global industry downturn, the company's executives shared in a recent interview with Proactive.
Chief finance officer Ben Proffitt painted an optimistic picture, highlighting the company's strong balance sheet and a promising cash position of nearly £700,000, which comfortably covers over a year of operations.
American Resources Corporation (NASDAQ:AREC) revealed that it has received an unsolicited bid for the assets of its wholly-owned metallurgical carbon division, American Carbon, which included upfront cash, assumption of debt, and a scaling royalty structure totaling an implied enterprise value of about $260 million.
The supplier of raw materials to the rapidly growing global infrastructure market said the proposal, which included $12 million in cash over the first six months, assumption of certain debts plus a structured royalty stream over a 12-year period, was not accepted due to the duration and structure of the consideration payments.
Hillcrest Energy Technologies Ltd (CSE:HEAT, OTCQB:HLRTF) is moving forward on co-development activities with a European original equipment manufacturer, the company announced, as proof of concept for the company’s first ZVS (zero voltage switching) grid inverter nears completion
Hillcrest recently completed dynamic load bench demonstrations of its 800-volt, 250-kilowatt SiC (silicon carbide) traction inverter. Now, the OEM completed its analysis of the demonstration results and is proceeding with the next phase of co-development, the company said.
Diversified Energy Company PLC (LSE:DEC, OTCQX:DECPF) will bank US$40mln of proceeds from the sale of a package of non-operated wells in Oklahoma and Texas.
The asset package comprises around 200 non-operated wells which are producing around 3,000 barrels oil equivalent per day.
Bradda Head Lithium Limited (AIM:BHL, OTCQB:BHLIF, TSX-V:BHLI) said it expects to be in a position to issue delayed final results no later than 28 August.
It said the delay is due to the fact that it changed auditor to PKF Littlejohn earlier this month.
Nova Minerals Ltd (ASX:NVA, OTCQB:NVAAF) has the Estelle Gold Project in Alaska’s prolific Tintina Gold Belt that hosts >220 million ounces in mostly bulk tonnage but high-margin deposits.
According to Sydney-based securities advisor Martin Place Securities, NVA’s current market valuation of <US$1/resource oz (A$1/oz) is abysmally low against regional and local peers.
Latin Resources Ltd (ASX:LRS, OTC:LRSRF) has made multiple spodumene discoveries in its Salinas Lithium Project in Brazil, confirming the presence of a district-scale lithium corridor.
The company has intersected spodumene-rich pegmatites in diamond drill holes at two separate locations within the lithium corridor. Assay results are pending for these discoveries.
Gold Resource Corporation (GORO) has congratulated the Menominee Indian Tribe of Wisconsin for the recent listing of Anaem Omot on the National Register of Historic Places. Anaem Omot is an area around the Menominee River known as the Sixty Islands. The area is known to have culturally significant archeological findings. The company has helped to identify these artifacts to ensure proper procedures are deployed to protect cultural resources, and also to avoid and mitigate intrusions to the cultural landscape, as required. In addition to identifying these culturally significant resources, we have incorporated them into the Back Forty Project designs and permitting strategy. GORO said it remains committed to open and cooperative communication with the Menominee Tribe. "Protecting culturally significant sites is a key value for us. We have been eager to collaborate with the Menominee Tribe to ensure we contribute to the protection of this historic heritage site," commented Allen Palmiere, the company’s CEO and president. "Since we acquired Aquila, the former owner of the Back Forty Project, we have ensured our permitting process has properly encompassed this national treasure."
Railtown AI Technologies Inc said it has closed its previously announced non-brokered private placement of units of the company. The offering consisted of 13,766,332 units at a price of $0.15 each for aggregate gross proceeds of $2,064,950, of which 11,043,332 units were issued in a first tranche closing on June 21, 2023. Each unit in the offering consists of one common share in the capital of the company and one-half of one common share purchase warrant, with each warrant entitling the holder to acquire one additional share at an exercise price of $0.25 per share for a period of 36 months from the applicable closing date, subject to an acceleration clause.
Imagine AR Inc said it has granted 5,750,000 stock options to officers, directors and consultants of the company. The options are exercisable at $0.05 per share for a period of 3 years. The options have been granted in accordance with the company's stock option plan.
BANXA Holdings Inc announced that it has entered into an agreement with Outside the Box Capital Inc, an arm’s length party to the company, to provide marketing services to enhance its investor relations and marketing functions including and not limited to managing the company’s social media accounts and helping create compelling content. The agreement is for an initial period of six months, in which BANXA has agreed to pay Outside the Box a fee of C$16,667 (plus applicable taxes) per month for a total of C$$100,000 (plus applicable taxes), to be paid from the company’s existing working capital, as well as issue Outside the Box 100,000 stock options to purchase BANXA common shares with an exercise price of the greater of $1; and the market price (as defined in the Plan) at the time of grant. The company also stated that it is currently finalizing the various approvals required for the resumption of trading and expects trading on the TSX Venture exchange to recommence imminently.