Alpine 4 Holdings Inc announced that subsidiary ElecJet has revealed its AX and G-AX Class of solid-state batteries. Also, it said ElecJet has completed an initial demonstration product run of its AX Class 31Ah Solid-State Batteries. The company will be distributing these batteries as test samples to various corporations upon request. "What our team of engineers has achieved is a testament to the talented individuals we work with,” said ElecJet President Samuel Gong in a statement. “Unlike the competitors in the solid-state space, we are not just building prototypes, we are actually in production, and can deliver our batteries to companies seeking this solution today. We look forward to sharing the location of our US-based production facility in the coming months."
Biocept Inc (NASDAQ:BIOC) announced the appointments of Samuel Riccitelli as the company’s new interim CEO as well as Antonino Morales as its interim chief financial officer (CFO). Biocept also said it named M. Faye Wilson as its lead independent director, while Riccitelli will remain chairman of the company’s board of directors.
ESE Entertainment Inc announced it has closed a private placement offering of convertible note units of the company for gross proceeds of $1,575,000, via the issuance of 1,575 units at a price of $1,000 per unit. Under the terms of the offering, each unit comprises $1,000 in principal amount of an unsecured convertible note and 250 common share purchase warrants of the company. The notes will mature on the date that is 24 months from the date of issuance and bear interest at a rate of 10% per annum, payable quarterly on the last business day of each quarter, commencing on March 31, 2022.
Alternus Energy Group PLC has posted strong unaudited financial results for its fourth-quarter and 2021 fiscal year as it executed projects successfully. The vertically integrated independent power producer said it delivered the "highest growth on record" for both its fiscal 4Q and full year. Alternus noted that the company is now over five times larger in recurring long-term revenues and gross margins, and just under four times larger in operating assets, with a backlog of contracted and pipeline projects. “These results reaffirm Alternus Energy’s ability to execute and deliver on our ambitious growth targets,” said Vincent Browne, CEO of Alternus in a statement. “We have met and exceeded every target we set for ourselves at the beginning of the 2021 fiscal year.”
American Battery Technology Company (OTCQB:ABML), a critical minerals manufacturing and lithium-ion battery recycling company, has announced that it is in the process of staking 90 additional surface sedimentary lithium-bearing claims. Reno, Nevada-based ABTC said the claims cover approximately 1,800 acres and will expand its Tonopah Flats Lithium Exploration Project in Big Smokey Valley, Nevada, to a total of approximately 10,340 acres. After recently delivering its initial Tonopah Flats lithium samples for analysis for high throughput screening analysis, the company said it decided to substantially expand its claims in the area. It will also continue with additional exploratory drilling while thorough analyses of subsequent samples are underway. Additionally, as it continues to accelerate the commercialization of its internally developed process train, it said it has initiated the process of exiting its positions in the Railroad Valley area and its associated brine claims.
Midwest Energy Emissions Corp, known by its trade name ME2C Environmental, announced that it expects its preliminary revenue to increase 60% year-over-year to about $20 million to 22 million for 2022, with the majority of the revenue increase expected to be realized in the latter half of the year. The company said its preliminary guidance is based on positive developments in business conditions, demand indications from major customers, and the start of activity under new licensing agreements, presuming no further material lockdowns or shutdowns due to the coronavirus (COVID-19) pandemic in the major operating region where it sells or licenses its products.
After beating its already-increased annual 2021 guidance, Maverix Metals Inc (TSX:MMX) is on pace for another consecutive year of growth, according to analysts at Stifel GMP and Canaccord. The royalty company recorded about 9,000 gold equivalent ounces (GEOs) in 4Q, 2021 and over 32,000 gold equivalent ounces for FY2021, which topped Maverix’s own estimate of 31,000 ounces. “2021 served as another year of strong performance for the company's royalty and streaming portfolio, showing consistent year-on-year (Y/Y) growth, and also building on the diversification and expansion of the portfolio by adding two immediately cash flow accretive deals (the Auramet gold stream and expanded royalty interest at Omolon),” analysts at Stifel wrote. The research firm is reiterating its 'Buy' rating on the stock and a target price of C$8.75. Over at Canaccord, analysts noted that it is the fifth consecutive year of record production for Vancouver-based Maverix. Canaccord is forecasting 2022 production of 33,400 GEOs and free cash flow of $40 million. Canaccord is also maintaining its 'Buy' rating and C$8 price target.
Revive Therapeutics Ltd (CSE:RVV, OTCQB:RVVTF) has announced that the US Food and Drug Administration (FDA) has granted Orphan Drug Designation (ODD) for its Bucillamine treatment for the prevention of ischemia-reperfusion injury (IRI) during liver transplantation. The FDA grants ODD status to products that treat rare diseases, providing incentives to sponsors developing drugs or biologics. It defines rare diseases as those affecting fewer than 200,000 people in the US at any given time. "The ODD validates our strategy in pursuing novel uses of Bucillamine for rare disorders and life-threatening conditions, including infectious diseases and preventing IRI during other organ transplantations,” Revive CEO Michael Frank said in a statement.
Talon Metals Corp revealed that it has bolstered its interest in the world-class Tamarack nickel project in Minnesota, by reducing an existing net smelter returns royalty (NSR) on its share of the asset to 1.85% from 3.5% for US$4.5 million in cash. The company said it has struck an amending agreement with TF R&S Canada Ltd, a subsidiary of Triple Flag Precious Metals Corp, to effect the early exercise of its right to reduce the royalty. Sean Werger, Talon's president, said the move was "another important step" towards taking Talon to the next level, following the company's recent supply agreement with electric vehicle (EV) titan Tesla, remarkable drill results and successful capital raise to strengthen its balance sheet. "Shaun Usmar and the Triple Flag team were one of the first investors to recognize the world-class nature of the Tamarack Nickel Project when we struck the royalty agreement in 2019. Our agreement today demonstrates that they are not just good investors but true partners in the companies in which they invest," Werger added in a statement.
BioHarvest Sciences Inc revealed that it has trademarked its proprietary non-GMO (genetically modified organisms) biotech platform technology as ‘Bio-Plant CELLicitation’. BioHarvest, which is listed on the Canadian Securities Exchange and has offices in Rehovot, Israel, said the new trademark replaces ‘BioFarming’ and underscores the potential for its technology to be used in the botanical drugs space. "The Bio-Plant CELLicitation proven platform technology allows us to address multiple market verticals with multiple products under different categories," BioHarvest CEO Ilan Sobel said in a statement.
Electra Battery Materials Corporation (TSX-V:ELBM, OTCQX:ELBMF) has updated on the progress of building North America's only battery grade cobalt refinery, saying the project remains on budget, at US$67 million, and on schedule to be commissioned in December this year. As of February 1, 2022, the company said US$27 million had been committed to procurement activities and the fabrication of major long-lead equipment is underway, including solvent extraction, crystallization and filters. Construction of the new solvent extraction building and crystallization facility is scheduled to begin at the end of the first quarter, while May 2022 will see the arrival of key equipment on site, said the company. Brownfield mechanical equipment verification is 50% complete with all major existing equipment having been tested and demolition of redundant circuits underway.
East Side Games Group (TSX:EAGR, OTCQB:EAGRF) Inc has announced that its studio, East Side Games Inc. (ESG), which the company acquired in February 2021, has achieved revenue milestones previously set under the acquisition. As such, the former shareholders of East Side Games studios will be paid a contingent consideration of C$20 million. The former shareholders of East Side Games studios were entitled to the contingent consideration, payable within 30 days, if the company reached $100 million in gross revenue, on a consolidated basis, in the 12 months ended February 5, 2022, and that revenue milestone has been met. Of the contingent consideration, $10 million will be paid by way of 4,444,444 common shares, the maximum common shares allowable under the agreement, and the remaining $10 million will be paid in cash, using the company's cash on hand.
Skye Bioscience inc (OTCQB:SKYE) announced that it has completed a good laboratory practice (GLP) nonclinical toxicology study of its SBI-100 ophthalmic nanoemulsion in support of the company’s planned Phase 1 first-in-human clinical trial in Australia. The San Diego-based company said that the purpose of this study was to evaluate the ocular toxicity and toxicokinetics of SBI-100 ophthalmic nanoemulsion when administered to rabbits either two or three times daily at multiple doses by topical ocular administration for fourteen consecutive days. The reversibility of potential test article-related effects was also assessed following a drug-free recovery period.
Golden Minerals Company (NYSE-A:AUMN, TSX:AUMN, ETR:7GB) announced a second set of assays from the recently completed, 21-hole drill program at its Yoquivo gold-silver project in Mexico, which included 6.2 metres (m) of 17.2 grams per tonne (g/t) gold and 2,403.5 g/t silver. The company said the 3,949m drill program was designed to explore the Pertenencia, Esperanza and Dolar vein systems. “This second set of drill results from Yoquivo continues to show high grades from the Pertenencia vein and the high-grade zone is open to the south,” Golden Minerals CEO Warren Rehn said in a statement.
BioVaxys Technology Corp has revealed that studies on BVX-0320, its haptenized SARS-CoV-2 s-spike protein vaccine candidate, demonstrated that the vaccine does not bind to the Angiotensin Converting Enzyme-2 (ACE2) receptor. The Vancouver-based biotechnology company said this suggests superior cardiac safety compared to standard coronavirus (COVID-19) mRNA and Adenovirus Vector vaccines. The findings show that the company’s vaccine candidate BVX-0320 may not lead to the “unusual but serious myocarditis observed with mRNA vaccines,” said BioVaxys. Previous studies in mice have also shown that BVX-0320 stimulates a robust antibody and T cell response and was safe and well tolerated.
ImagineAR Inc said it now has all-time wrestling champion Ric "Nature Boy" Flair as a hologram e-greeting on FameDays.com. The company said that Flair, the 16-time Wrestling Champion and two-time Wrestling Hall of Famer, has a significant following on social media including over 2 million on Instagram and 1 million on Twitter. Using the FameDays mobile app, fans can enjoy life-size hologram video messages right in their home. Fans can record their own videos and pictures with the virtual star as if they are standing right next to them in real life and then share the content via social media.
Safe-T Group (NASDAQ:SFET) Ltd said it has launched Ad Blocker Pro, a new anti-Malvertising (malicious advertising) product available for Apple iOS users, building on the growing success of its consumer subscriber business. The company, a global provider of cybersecurity and privacy solutions, said Ad Blocker Pro bridges the gap between its consumer privacy and cybersecurity offering by providing two layers of protection - protecting users' privacy by blocking ads and securing their devices from malvertising. “Since our entry into the consumer market just over six months ago, we have successfully introduced a series of products which have quickly attracted thousands of paying subscribers,” CEO Shachar Daniel said in a statement.
CO2 GRO Inc (TSX-V:GROW, OTCQB:BLONF) has reported that its third-quarter revenue increased 391% year-over-year to $122,103 as it commercializes its CO2 Delivery Solutions platform. Revenue also rose 33% quarter-over-quarter. Backed with such momentum, CO2 GRO said it is now forecasting a 2022 revenue haul of between $1.5 million to $2.5 million. "While COVID did and is still hampering the pace of our commercial development in some regions, we have shown continuous progress in 2021 and in the first month of 2022 with more growers around the world adopting our technology,” said CO2 GRO CEO John Archibald in a statement.
Trillion Energy International Inc told investors it has hired oilfield services and tech giant Schlumberger (SLB) for its new well drilling program at the SASB gas field in the Black Sea. Trillion aims to drill over 13 wells, bringing one new well into production every 45 days, starting in the third quarter this year and for the duration of 2023. Schlumberger will design long reach, directionally drilled development wells, capable of reaching more than 2 kilometers (km) horizontally from the rig location /production platforms, eliminating the necessity for costly subsea tie-ins for most wells. "SLB brings best in class engineering and drilling support services to our tool kit at SASB," said Trillion CEO Art Halleran. "Using their long reach drilling technology, directional drilling tools, and their vast hands-on engineering experience, SLB significantly lowers our capital costs for bringing new wells into production and increases the anticipated returns. They also significantly lower our drilling risks."
Renforth Resources Inc (CSE:RFR, OTCQB:RFHRF) has outlined exploration plans for its 300 square kilometre (sq km) Surimeau District battery metals project in Quebec, which includes a new hunt for lithium at the vast property. Meanwhile, a 912 line kilometer (km) airborne mag and electro-magnetic (EM) survey will begin this week, the company said, covering the around 6km strike of the Victoria West target and covering the Colonie showing and the unexplored 14km area between two mineralized areas joined by a 20km long magnetic anomaly. It will also include the LaLonde area, where polymetallic mineralization has been drilled historically over a strike length of around 2km, said Renforth.
Mydecine Innovations Group Inc (OTC:MYCOF, NEO:MYCO) has announced the inclusion of a novel molecule with potentially heart-safe microdose enabling properties in its family of psilocin analogs. The Denver-based company has named this group of patent-pending molecules MYCO-005. Microdosing refers to consuming a very low dose of a psychedelic substance to retain some of the benefits without undergoing a psychoactive experience. Although microdosing has been gaining popularity in mainstream media as a possible treatment for indications such as ADHD, depression, and anxiety, more research is needed to confirm the safety and efficacy of this method.
Plurilock Security Inc CEO Ian L Patterson has told investors that 2022 is likely to be a transformational year for the company as it scales its technology offerings to a diverse and growing base of enterprise customers. In a corporate update and strategy outlook for 2022, Patterson said: "As the global cybersecurity market continues to shift toward zero trust architecture, we feel our suite of continuous authentication, behavioral-biometric products will continue to gain traction in the face of the growing cyber threat." With $7.05 million in cash as of September 30, 2021, Plurilock said it is well-positioned to execute on all growth initiatives to expand its footprint in the global cybersecurity industry. "For the duration of 2022, we plan to focus on advancing three primary objectives: sales of Plurilock's high-margin zero trust identity platform, developing new technology that expands our competitive moat, and strategically looking at accretive acquisition opportunities we feel will help us scale,” Patterson concluded.
Mandalay Resources Corp said it has increased the mineral reserves at its Costerfield project in Australia by 24%, according to an updated mineral resource estimate. The project now contains 312,000 gold ounces in the proven and probable category, up from 255,000 ounces contained in the last estimate. Mandalay has also extended Costerfield’s life of mine by two years to 2027, net of depletion for 2021 production, the company said. The good news extended to Mandalay’s Bjorkdal mine in Sweden, where the firm increased the number of gold ounces in the measured and indicated category by 59,000 ounces to 1,146,000 ounces.
DRDGOLD Ltd (NYSE:DRD, JSE:DRD, OTC:DRDGF), the mine tailings retreatment specialist, has declared an interim dividend of 20 cents per share for the six months ended December 31, 2021, its 15th successive year of distribution, after gold production beat forecasts for the period. The South Africa-focused firm, which is majority-owned by Sibanye-Stillwater, the major platinum group metals (PGMs) and gold producer, operates the Ergo Mining Operations (EMO) business on the eastern Witwatersrand, and also the Far West Gold Recoveries (FWGR) project. “We are pleased to report a strong finish, attributable mainly to an increase in gold recoveries and a higher average gold price compared to the first three months of the period,” DRDGOLD CEO Niël Pretorius said in a statement. “These contributed to headline earnings per share of 58.0 cents and free cash inflow of R406.9 million for the half year.” Pretorius said DRDGOLD had cash and cash equivalents of R2,239.1 million at the period end, after paying a cash dividend of R345.5 million in September 2021.
Codebase Ventures Inc has announced the appointment of Manan Mehta, a blockchain engineer and entrepreneur, as its senior technology advisor. "Manan's experience and network provides Codebase with a unique value proposition, supporting the company in analyzing and advancing its technology assets and identifying opportunities for key investments," Codebase president and CEO George Tsafalas said in a statement. The company noted that Mehta has experience as a software engineer at Stripe, a technology company used by businesses of every size to accept payments and manage their businesses online, and as a senior blockchain engineer at Fansunite Entertainment Inc, a technology company operating in the sports and gaming domain.
Dalrada Financial Corp (OTCQB:DFCO) told investors it has appointed William "Bill" Davidson as a new advisor to its Clean Energy Board with an emphasis on technology and business strategy. The San Diego, California-based group noted that Davidson's executive leadership spans more than 35 years in business strategy formulation for existing and new lines of business. He has successfully guided companies in the telecommunications, software, and semiconductor industries through multiple executive management roles, it added. "Dalrada is pleased to welcome Mr Bill Davidson to its Clean Energy Advisory Board,” the company’s chairman and CEO Brian Bonar said in a statement. “His professional background, network, and vast experience add strategic insight as Dalrada continues to develop impactful solutions in the clean energy market."
NetCents (CSE:NC, OTCQB:NTTCF, Frankfurt Code :26n) Technology Inc has announced the continued recruitment of key personnel for their executive team, Agnes Li will serve as Senior Finance Controller. Li is a Certified Public Accountant (CPA) and Certified Management Accountant (CMA) with 15 years' experience in finance and accounting. She also has executive experience building and managing accounting departments. She is a leader in digital transformations using technologies such as Robotic Process Automation (RPA), Blockchain, Procure to Pay (P2P) systems and Machine Learning and now brings her expertise to the NetCents (CSE:NC, OTCQB:NTTCF, Frankfurt Code :26n)' Accounting Department.
Cypress Development Corp (TSX-V:CYP, OTCQB:CYDVF) said it has engaged San Diego Torrey Hills Capital Inc, a Rancho Santa Fe, California-based investor relations firm, to provide market awareness and investor relations services to the company, subject to acceptance by the TSX Venture Exchange (TSXV). Torrey Hills Capital will increase awareness about Cypress through its established relationships with investment professionals, investment advisors, and money managers focused on the microcap market space. This will allow the Company to build and maintain an informed investor audience in both the US and Canadian marketplaces. Torrey Hills Capital has been engaged at a rate of US$7,000 per month for an initial term of one year. After the initial term, the agreement will terminate unless otherwise extended by both parties. Torrey Hills Capital currently has no direct or indirect interest in the securities of Cypress, or any right or intent to acquire such an interest.
Lingo Media Corporation (TSX-V:LM) said it has engaged the services of Generation IACP Inc to provide services as a market maker in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. Under the agreement, Generation will receive a fee of C$7,500 plus applicable taxes per month. The initial term of the agreement is six months from the date of execution and the agreement will renew for additional six-month terms unless earlier terminated by either party.
American Resources Corporation (NASDAQ:AREC) has announced that an interview with CEO & Chairman Mark C. Jensen will air on The RedChip Money Report on Bloomberg TV, on February 19, 2022, at 7.00pm Eastern Time (ET). Bloomberg TV is available in an estimated 73 million homes across the United States. To view the interview segment, investors can visit:
OTC Markets Group Inc, the operator of financial markets for over 11,000 US and global securities, has announced that Cathedra Bitcoin Inc, a bitcoin mining company, has qualified to trade on the OTCQXBest Market and has today upgraded from the OTC Pink market. Cathedra begins trading today on OTCQX under the symbol CBTTF. The company's common shares will continue to trade on the TSX Venture Exchange under the symbol CBIT. Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their US investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the US. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.