American Resources Corporation (NASDAQ:AREC) subsidiary ReElement Technologies announced that it has gained a controlling interest in the former RCA Thomson plant in Marion, Indiana to be its second rare earth and battery material refining facility.
The site comprises 425,000 square feet of manufacturing capacity on a 42-acre campus, allowing ReElement to expand to 675,000 square feet of purified rare earth and critical mineral production.
Silver Range Resources Ltd (TSX-V:SNG, OTC:SLRRF) has provided results from an exploration program at the Tonto del Pueblo property in Nevada, returning assays up to 65.5 grams per tonne (g/t) gold from grab and chip samples collected at exploration workings.
The precious metals prospect generator said to date, 18 of 54 rock samples collected at Tonto del Pueblo have returned assays greater than 5 g/t gold, with drill core assays pending.
Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) has announced a significant expansion of its 3D modeling business to include the gaming and manufacturing industries.
The generative AI-powered 3D model supplier for major e-commerce retailers said it now possesses the capability to rapidly and efficiently scale 3D model production at a competitive price point, meeting the demands of gaming giants and manufacturers.
Toggle3D.ai Inc (CSE:TGGL) has announced a major milestone today as it surpassed 6,000 users since its product launch in June, representing a 125% surge in user adoption, and positioning it as a frontrunner in the estimated $160 billion Global GGI Application Software market.
The company's cutting-edge technology and commitment to driving innovation have fueled its rapid growth, meeting the strong demand for its products in the market. Toggle3D.ai's SaaS solution primarily targets product designers and industrial designers, offering seamless integration with CAD files and the effortless conversion of CAD to Web 3D Mesh.
Ocean Power Technologies Inc (NYSE-A:OPTT) (OPT) has reported significant growth in orders and revenues in its financial results for the fourth quarter (4Q23) and full year ended April 30, 2023.
In 4Q23, OPT received total orders of $2.3 million, a notable increase compared to $0.7 million in the same quarter of the previous year. Revenues for 4Q23 reached $1.0 million, representing a 29.5% growth over 4Q22.
As a war often accelerates technological innovation, the recent coronavirus pandemic in 2020 provided a big spur to advancements in biotechnology, with the rapid development of vaccines to contain the outbreak.
One company that felt that boost is Connecticut-based firm, NanoViricides Inc (NYSE-A:NNVC), which for 20 years prior to the pandemic had been quietly working on creating special-purpose nanomaterials for antiviral therapy.
Atlantic Lithium Limited (AIM:ALL, OTCQX:ALLIF, ASX:A11) has appointed a contractor to conduct a scoping study on the potential inclusion of a flotation circuit at the Ewoyaa lithium project in Ghana.
The study will evaluate the technical and commercial viability of using flotation to process fines and middlings, which could be an additional downstream circuit to the planned Dense Media Separation (DMS) processing plant.
Anglo Asian Mining PLC (AIM:AAZ, OTC:AGXKF), the Azerbaijan-based miner, has kept its guidance for production this year as rising copper output is offsetting lower gold numbers.
Total production for the six months to end of June 2023 was 23,300 gold equivalent ounces (28,700).
Ilika PLC (AIM:IKA, OTCQX:ILIKF) hailed the milestones achieved in the past year and said its current main focus is transferring manufacturing to its US partner.
Results for the year to 30 April 2023 showed the company had £15.9mln of cash in the bank at the end of the period, from £23.4mln a year earlier.
Tantalex Lithium Resources Corp said it has closed the first tranche of a non-brokered private placement for gross proceeds of $411,400. Under the placement the company has issued 3,740,000 common shares at a price of $0.11 each. The proceeds will be used for general working capital purposes. All securities issued will be subject to a four-month-and-one day statutory hold period in accordance with applicable securities law.
Predictmedix Inc said it has completed its name change from Predictmedix Inc. to Predictmedix AI Inc. Common shares will automatically be adjusted as a result of the name change and no further action is required to be taken by shareholders. The CUSIP number assigned to the company's common shares following the name change is 74040N106 (ISIN:CA74040N1069). Predictmix said it expects its shares to commence trading under the new name of Predictmedix AI Inc. on or about July 17, 2023.
Regency Silver Corp. said it has engaged Kin Communications Inc. to assist with its investor relations activities. Under the terms of the agreement, Kin has agreed to assist Regency Silver with communicating with, and marketing to, potential investors, shareholders, and media contacts for a period of 12 months. In consideration for the services, the company will pay Kin C$15,000 per month plus GST for the initial 12-month period. In addition, Regency has granted Kin stock options entitling it to purchase 500,000 of the company's common shares at a price of C$0.20 per share with a five-year term.
Cepton Inc announced it will provide a business update and release its financial results for the second quarter of 2023 following the close of the market on Monday, August 7. Cepton will hold a conference call and webcast at 2:30 p.m. PT (5:30 p.m. ET) that same day. For the live call, dial 1-877-423-9813 (toll free) or International: 1-201-689-8573. A live webcast is also available at: https://investors.cepton.com/.