Québec Nickel Corp (CSE:QNI, OTCQB:QNICF) has reported positive drill assay results from its Ducros Sill target at its Ducros nickel-cobalt-copper-platinum group elements project in Québec.
Highlights include hole QDG-23-503, which was terminated at 450 m (m) depth in nickel and cobalt-bearing dunite, the last 118.30 m of which returned 0.21% nickel 117 parts per million (ppm) cobalt.
ARway.ai (CSE:ARWY, OTCQB:ARWYF) has announced its participation in the Smart Airport Initiative managed by TM Forum, a global industry association, and based on the ACRIS semantic model (supported by Airports Council International) that standardizes data flow between connected systems.
The initiative aims to create a working solution that improves the major aspects of airport operations including reservations, passenger management, facilities management, baggage, access control, decision intelligence, and more.
Toggle3D.ai Inc (CSE:TGGL) said it has developed a new AI photo segmentation algorithm for the Toggle3D web application.
The cutting-edge AI-algo is poised to redefine the boundaries of image analysis and 3D texturing, unlocking a multitude of opportunities by attracting new customers.
Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF) has reported gold production of 23,078 ounces from its Segilola Gold mine in Nigeria during the second quarter of 2023, with an average grade of 2.99 grams per tonne of gold.
In an operations update, the company maintained its production guidance range of 85,000 to 95,000 ounces of gold for the 2023 fiscal year.
RecycLiCo Battery Materials Inc said the TSX Venture Exchange has provided acceptance of the joint venture agreement between the company and Zenith Chemical Corporation. Under the agreement, RecycLiCo and Zenith will enter into a 50-50 joint venture to build a 2,000 metric ton per year lithium-ion battery recycling plant in Taiwan. The plant, estimated to cost US$25 million, will use RecycLiCo’s proprietary process to convert lithium-ion battery waste into lithium-ion battery cathode precursor, lithium hydroxide and other related products. As consideration for contributing half of the capital required, Zenith will hold a 50% interest in the joint venture. As consideration for contributing 40% of the capital required and granting a license for its technology, RecycLiCo will also hold a 50% in the joint venture. As an incentive to enter the joint venture, RecycLiCo will receive a royalty on net product sales for the first eight years, while Zenith will receive 4 million RecycLiCo shares and 6 million share purchase warrants.
Blue Sky Uranium Corp said it has closed the oversubscribed second and final tranche of its non-brokered private placement financing, first announced on June 8, 2023, consisting of 7,861,032 units in this tranche at a price of $0.075 per unit for gross proceeds of $589,577.40. In total, the company issued 21,333,333 units for total gross proceeds of $1,600,000. The proceeds of the financing will be used for exploration programs on the company's projects in Argentina and for general working capital.
G2 Energy Corp announced the completion of the first tranche of its non-brokered private placement, raising gross proceeds of C$198,800. The company issued 3,976,000 units at a price of $0.05 per unit. Each unit consists of one common share and one common share purchase warrant, exercisable at C$0.08 per share for a period of 24 months. The proceeds from the financing will be used for potential acquisitions and general working capital.
Banxa Holdings Inc has provided access to the content presented at the investor webinar on July 12. The video recording of the presentation can be viewed here: https://youtu.be/8bjSOTpw2-I. The investor presentation can be viewed here: https://bit.ly/BNXA-InvestorDeck-July2023.