Santacruz Silver Mining Ltd (TSX-V:SCZ, OTC:SZSMF) announced the implementation of a structured payment plan to accelerate its obligations owed to Glencore, securing a cost-saving of US$40 million.
As part of the agreement, Santacruz made an initial payment of US$10 million to Glencore under the newly structured plan.
Nano One Materials Corp (TSX:NANO, OTC:NNOMF) announced that it has received C$12.75 million in non-dilutive cash contributions from various government programs.
The funding is primarily a reimbursement for recent eligible project expenditures and supports the company's engineering, capacity expansion, demonstration, and commercialization efforts at its lithium-iron-phosphate (LFP) plant in Québec.
Candel Therapeutics Inc (NASDAQ:CADL) announced that it has partnered with IDEA Pharma to advance the commercialization of its lead immunotherapy candidate CAN-2409.
The collaboration follows positive Phase 3 data showing CAN-2409 significantly improved disease-free survival in patients with intermediate-to-high-risk localized prostate cancer.
GoviEx Uranium Inc (TSX-V:GXU, OTCQX:GVXXF) has announced a private placement financing aiming to raise up to $7.5 million through the sale of 150 million units at $0.05 per unit.
Each unit will include one common share and one warrant, with warrants exercisable at $0.07 for 24 months.
KEFI Gold and Copper PLC (AIM:KEFI, OTC:KFFLF) told investors its Saudi Arabia joint venture joint venture has secured the Al Hajar North exploration licence in a competitive tender round.
Al Hajar North spans 910 square kilometres, in the Wadi Shwas Mineral Belt, an area with geological similarities to the Wadi Bidah Mineral Belt (WBMB), where the JV has already made three Volcanic Massive Sulphide (VMS) discoveries.