European Lithium Ltd (ASX:EUR, OTCQB:EULIF) has marked another key milestone as it agrees to pursue a cooperation and offtake partnership with Traxys Europe S.A. to develop the Wolfsberg Lithium Project in Austria.
It has signed a multi-tiered non-binding Memorandum of Agreement (MoA) with Traxys to support the development and commercialisation of the Wolfsberg Project.
Alloy Labs Alliance, a group of innovative community banks which includes Chesapeake Bank, announced the launch of CHUCK, an open network for instant payments.
Kilmarnock, Virginia-based Chesapeake Bank, which is primarily a lender to small businesses, is one of the founding banks for the new payment platform, which gives customers “choice and security” when making payments.
The opportunity at Newrange Gold Corp's flagship polymetallic asset Pamlico in Nevada, USA has grown, says Noble Capital Partners, which rates shares 'Outperform'.
In a recent year-end update, the company said its geologists had now identified a multi-phase intrusive system with locally “strong” copper +/- zinc mineralization at surface at the property, which now covers an enlarged area of over 5,700 hectares.
Open Orphan PLC (AIM:ORPH, OTC:OPORF)’s outlook continues to improve says broker finnCap, which today reiterated its 44p share target after the award of £5mln contract for a flu jab challenge study.
That means Open Orphan has now signed contracts that are worth more than 90% of predicted 2022 revenues, said the broker, and with further studies targeted to close in the near future, this puts it in a very strong position with high revenue visibility going into 2022.
Gratomic Inc has provided an engineering update on its flagship Aukam Graphite project in southern Namibia and said it is “very pleased” with the results for the wet circuit process flow, independently performed by SGS Lakefield.
"There has been a tremendous amount of internal work conducted on the Aukam Graphite Project from the very beginning to better understand the asset, which has demonstrated profound potential at every stage,” Gratomic CEO Arno Brand said in a statement.
Nextech AR Solutions Corp. (CSE:NTAR, OTCQB:NEXCF, NEO:NTAR) announced that it has entered a multi-year Metaverse marketplace deal with Restaurants Canada.
This deal utilizes Nextech’s virtual events and Metaverse Studio as a managed service, which includes 3D AR booths, human holograms, 3D AR product experiences, and augmented reality ads. The company will also build a “metaverse marketplace” which allows members and vendors to virtually meet with one another and see all products and services under one umbrella.
Cypress Development Corp (TSX-V:CYP, OTCQB:CYDVF) announced that it has qualified to trade on OTC Markets Group Inc's OTCQX Best Market and begins trading today, December 21, 2021, under the symbol CYDVF.
"We are pleased to better serve our growing investor base and supporters of Cypress as we advance our Clayton Valley Lithium Project in Nevada," said Bill Willoughby, president and CEO of Cypress Development in a statement.
Greatland Gold PLC (AIM:GGP, OTC:GRLGF) has been notified by partner Newcrest that it wants to exercise its option over a further 5% of the Havieron gold prospect in Western Australia.
Newcrest has issued a notice to Greatland stating it would like to start the process to decide an exercise price by mid-February 2022.
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL), the Zimbabwe-focused gold miner has announced its long-serving chief executive Steve Curtis will stand down at the end of June 2022.
Curtis will continue to be a Caledonia director, before transitioning from an executive to a non-executive role by the end of 2022 and acting as a consultant to the company until the culmination of 2023.
Arecor Therapeutics PLC (AIM:AREC) said it expects to transfer a ready-to-use injectable formulation of a new product to partner Hikma Pharmaceuticals in 1H 2022.
Transfer of the formulation will trigger a milestone payment to Arecor under the terms of their collaboration agreement.
Open Orphan PLC (AIM:ORPH, OTC:OPORF) has been awarded a £5m influenza human challenge study contract with a biotech company developing an antiviral drug for protection against respiratory viral infections.
The study, which is expected to commence in the second half of next year, will test and assess the efficacy of a single dosing regimen of the client's antiviral drug, with healthy adult volunteers, using subsidiary hVIVO’s Influenza human challenge model.
NetScientific PLC (AIM:NSCI) will end up with an 18.7% stake in a robotics and AI company after leading its funding round.
Through its venture capital division EMV Capital, the group advised on the £2.8mln transaction, which comprised of a convertible loan note issue and direct equity investment.
Cobalt Blue Holdings Ltd (ASX:COB, OTC:CBBHF) has executed a Memorandum of Understanding (MoU) with the State of Queensland to assess opportunities for the recovery of cobalt and any co-existing base and precious metals from mine waste.
This will see COB undertake test-work to evaluate minerals processing options, including the application of its proprietary minerals processing technology, to recover target metals from feedstocks nominated and provided by the Queensland Department of Resources.
Altech Chemicals Ltd (ASX:ATC) has soaked up the enthusiasm of existing shareholders who participated in its successful capital-raising.
The company received applications from existing shareholders for A$2.2 million of new shares, at an offer price of A$0.107 per share, under a share purchase plan (SPP).