Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Oil & Gas

NA Proactive news snapshot: ReVolve Renewable Power, Guardforce AI, MAS Gold, Doubleview Gold, American Resources Corp UPDATE ...  

A glance at some of the day's highlights from the Proactive Investors US and Canada newswires

ReVolve Renewable Power Corp announced the establishment of a new division, to be known as ReVolve Renewable Business Solutions, which will focus on the distributed generation market and sub 20 megawatt (MW) renewable energy projects. The North American developer of utility-scale renewable energy generation projects said the new division will target both ‘behind the meter’ and grid-connected wind, rooftop solar, ground-mounted solar, battery storage and related energy efficiency projects in the US and Mexico.

Diamond Equity Research has initiated coverage on Guardforce AI Co Ltd with a price target of US$2.43 citing the company’s growth potential amid increasing demand for improved cybersecurity solutions. Guardforce AI is a global integrated security solutions provider offering cash solutions and cash hanging services that is expanding into the robotics as a service and cybersecurity industries to diversify its revenue streams. “We believe the market has yet to realize the company’s potential and its ability to grow its non-cash management businesses,” Diamond analysts wrote in a note.

MAS Gold Corp announced that it has completed a total of 5,730 metres (m) of diamond core drilling of its first-quarter winter program on its La Ronge gold properties in Saskatchewan using two rigs. The Canadian mineral exploration company focused on gold exploration projects in the prospective La Ronge Gold Belt, reminded investors that the program concentrated on its North Lake deposit where 4,123.5m of diamond drilling was completed in 34 drill holes. Preliminary assay results from five of the 34 holes from the North Lake drilling include 99m grading 1 gram per tonne (g/t) gold, including 25m of 1.88 g/t gold in drill hole NL21-073, 84m grading 0.61 g/t gold, including 14m of 1.3 g/t gold in drill hole NL22-074, and 29.2m grading 0.99 g/t gold in drill hole NL22-075. In addition to the 4,123.5m drilled at North Lake, MAS said the winter drilling program included 772 meters drilled at the Point deposit on Ramsland Lake with four drill holes. The company also completed 996m of drilling in four holes at its recently acquired Preview SW gold deposit.

Mason Graphite Inc updated investors on the status of the qualifying transaction of its graphene partner, Black Swan Graphene Inc. In December 2021, Black Swan entered into a binding letter of intent to complete a business combination with Dragonfly Capital Corp, which sees Dragonfly acquiring all of Black Swan’s issued and outstanding shares and grand certain options of Dragonfly. That agreement was followed by a definitive share exchange agreement in January 2022 and an amendment in April to extend the closing date of the transaction no later than June 17, 2022. The amendment provides that Dragonfly will acquire all of the outstanding Black Swan shares in exchange for an aggregate of 210,230,349 resulting issuer shares at a price of $0.15 per resulting issuer share. In addition, each outstanding Black Swan option will be exchanged for an equivalent replacement option in accordance with the share exchange agreement, according to Mason Graphite.

Doubleview Gold Corp (TSX-V:DBG, OTCQB:DBLVF) has reported scandium analytical data from previously reported drill intercepts from the Lisle deposit at its Hat deposit in British Columbia. In a statement, the company said that metallurgical analysis is underway for different metals that could have a “significant material impact” on how Doubleview’s copper and gold equivalents are reported. Metallurgical analysis is currently focusing on scandium, silver and platinum group metals (PGMs) such as platinum and rhodium, the company said. Scandium assays are not currently included in copper and gold equivalents, it added.

American Resources Corporation (NASDAQ:AREC) announced that it has partnered with Land Betterment Corporation to support the development of a historical museum in Kragon, Kentucky, after discovering historical and cultural artifacts on the former mining site during a land reclamation process. The extractor and processor of metallurgical carbon said the museum will be located near the identified site of historical indigenous burial grounds dating back as far as 7 to 800 AD and showcase the history and findings of the site. “We took this non-core property when American Resources' acquired Knott County Coal in 2016 during the bankruptcy of Arch Coal with the intent of removing the decaying coal loadout facility and related infrastructure that sat idle for over a decade, then fully reclaim the land to get the $700,000 of environmental surety bonds released,” American Resources Corporation (NASDAQ:AREC) CEO Mark Jensen said in a statement.

SPYR (OTCQB:SPYR), doing business as SPYR Technologies, has told shareholders that its subsidiary Applied Magix Inc is contemplating expanding its distribution network to new continents. The Texas-based technology group said that Applied Magix is looking at distribution opportunities in South America, Asia and Europe. Applied Magix develops and resells Apple ecosystem-compatible products in the growing multibillion-dollar smart home and connected car markets.

Northstar Gold Corp. (CSE:NSG) has told investors that an independent NI 43-101 technical report has been completed for its Bryce gold project in Ontario, which sits 35 kilometres (km) south of its flagship Miller gold asset. Ronacher McKenzie Geoscience completed the report following a recent airborne LiDAR survey and Fall 2021 surface exploration at the property, which Northstar aims to advance, potentially via an earn-in agreement or spin-out transaction. "Several major, northeast-trending structures were interpreted from a 2021 LiDAR survey and magnetic survey in the northern and western part of the property," the company said in a statement. "Follow-up prospecting, sampling and mapping along the major northeast-trending fault (PVE Fault) and splays is warranted," it added.

Albert Labs International Corp (CSE:ABRT) has announced that it has strengthened its Scientific Advisory Board with the addition of two renowned scientists, Professor Robert Britton and Dr Ricardo Jorge Dinis-Oliveira. Britton is a natural product chemist with globally recognized expertise in natural product drug discovery, medicinal chemistry, and cancer therapeutics, with a particular focus on oncology. Dinis-Oliveira is an expert toxicologist and pharmacologist, with a focus on the toxicology and pharmacology of psychoactive substances.

Arizona Silver Exploration Inc. (TSX-V:AZS) announced that the US Forest Service has issued what the company called a "positive" Decision Memo, with mitigation measures required, approving the initiation of exploration drilling on its Sycamore Canyon gold-silver project in Arizona. The precious metals explorer said mitigation measures include: no activity during the golden eagle breeding season (January through July) or non-breeding or non-occupancy within one mile of the drill site; avoiding removal or damage to agave and yucca plants during road and pad construction and use and salvage and re-planting of any disturbed plants and; reclamation immediately upon completion of the proposed drilling activity, among others. Arizona Silver noted that it will engage an environmental consulting firm to incorporate these mitigation measures into a final Plan of Operations and a reclamation cost estimate for final submission to the US Forest Service for their consideration in issuing a final Record of Decision.

Kontrol Technologies Corp (OTCQB:KNRLF, NEO:KNR) revealed it aims to extend its Kontrol BioCloud technology to develop Kontrol BioWater to aid the fight against viruses and has budgeted $300,000 for the first phase of research and development (R&D). The company said it believes that there is "growing strategic interest" in early viral detection in wastewater systems. It noted, for example, a statement from the United States Centers for Disease Control (CDC) and Prevention, which stated that "wastewater surveillance can provide an early warning of COVID-19's spread in communities".

Stifel GMP has maintained a 'Buy' recommendation on Steppe Gold Limited (TSX:STGO, OTCQX:STPGF) after a site visit to its ATO mine in Mongolia that highlighted a steady-state operation with a focus on growth and environmental, social and governance (ESG) commitments. Analysts at the brokerage noted that the oxide mine is well-positioned for production success and reserve growth, with early Phase 2 Sulphide expansion work well underway. The team at Steppe Gold is knowledgeable and dedicated to responsibly growing the company, they added. “We came away impressed with the modern and growing nature of the country, set up to maintain steady-state mine operations, early work to support the Phase 2 Sulphide expansion project and dedication to ESG principals,” the analysts said. “The capital of Ulaanbaatar is an impressively urban city with the trappings of economic growth evident.”

Canaccord Genuity has repeated a 'Speculative Buy' rating and $3.00 target price on Think Research Corporation (TSX-V:THNK) shares following recent news the firm has agreed a $25 million convertible loan facility with Beedie Capital, including a $10million immediate cash injection into the company. In a note to clients, analysts at the brokerage said: "This both alleviates any immediate concern as to THNK’s liquidity position and provides management the ability to entertain further tuck-in acquisition opportunities, though we believe the focus remains optimizing the existing asset base." They added: "We view the development positively and will factor the new facility into our model updates when the company reports Q4/21 results later this week."

Tiziana Life Sciences PLC (NASDAQ:TLSA), a clinical-stage biopharmaceutical company developing alternative routes of immunotherapy with a focus on innovative drugs for neurodegenerative diseases, told investors that its CEO and chief scientific officer, Dr Kunwar Shailubhai, will participate in a fireside chat at the B. Riley Securities 2022 Virtual Neuro & Ophthalmology Conference on April 27, 2022, at 2:30pm ET to provide company updates. The webcast can be accessed by following this link: https://www.webcaster4.com/Webcast/Page/2875/45361

Revive Therapeutics Ltd (CSE:RVV, OTCQB:RVVTF) said it has been in discussions with the Biomedical Advanced Research and Development Authority (BARDA) to explore the potential of securing advanced development and possible commercial scale-up funding for Bucillamine, its COVID-19 oral drug. In an update on Phase 3 of its US Food & Drug Administration (FDA) clinical trial to evaluate the safety and efficacy of Bucillamine, the Toronto-based company said discussions surrounding Bucillamine’s attributes and clinical potential were determined to be relevant for consideration, which could provide support to the company’s current efforts. “We continue to advance our efforts in positioning Bucillamine as a potential treatment for COVID-19 that is relevant to the current state of the disease, and our ongoing discussions with BARDA are promising for potential development and commercial support as we progress in our Phase 3 study,” said Revive CEO Michael Frank in a statement.

Looking Glass Labs (LGL) said its wholly-owned studio House of Kibaa (HoK) has entered into a strategic alliance with Nasdaq-listed DatChat, Inc, a blockchain-enabled cybersecurity, metaverse advertising platform and social media company. Under the agreement, DatChat’s non-fungible token (NFT) monetization platform VenVūū will be integrated into HoK’s Project Origin metaverse. Both entities are expected to mutually benefit from the cross-promotion of each other’s platforms and products. “I look forward to our teams working together to develop better outcomes, not only for our companies, but also for content creators and the metaverse community at large,” Jason Nguyen, chief creative officer of LGL said in a statement.

Tocvan Ventures Corp. (CSE:TOC)told investors it has recorded consistent high-grade gold mineralisation in the Phase III drilling program at its Pilar Gold-Silver project in Sonora, Mexico. Within the broader mineralised interval at the drill target, the company said the silicified sulphide-bearing breccia returned 9.4 metres (m) at 7.6 grams per tonne (g/t) gold and 5 g/t silver. "We consider this new discovery of high-grade breccia-hosted mineralization on trend with our Main Zone as one of our most significant findings to date,” CEO Brodie Sutherland said in a statement. "It also confirms our exploration model for targeting Pilar is effective in defining and expanding our mineralized zones. Past drilling had returned good indications of mineralization through this 200-metre gap area, but this is the first significant interval to date that outlines the larger potential, and so far, the furthest mineralization recorded to the southwest."

Solstice Gold Corp. (TSX-V:SGC) has provided an update on the exploration plans for its 100% owned New Frontier project in Ontario’s Red Lake Gold Camp, saying compilation data from the project shows gold in float and clusters of elevated gold and silver in third-party tills. The gold exploration company said both data sets are in association with a major shear zone that suggests high potential for future gold discoveries, which will be the objective of Solstice’s planned 2022 field program of soil sampling, mapping and prospecting that is expected to begin this summer. “New Frontier, while earlier stage than our drill targets to the south, is a compelling regional target at the confluence of crustal-scale structures and elevated geochemistry,” Solstice Gold CEO Mike Timmins said in a statement. “Our goal is to bring New Frontier to the drill stage by the end of 2023 to add even more potential to our Red Lake project."

BMEX Gold Inc (TSX-V:BMEX) told investors that the results of its Fall 2021 drilling campaign at King Tut Gold Project in Québec’s Abitibi region are promising as it outlined its 2022 exploration program for the King Tut and Dunlop Bay properties. Significant grades include 7.07 grams per tonne (g/t) gold over 1 metre (m) from drill hole TUT-21-032 in the newly-discovered Luxor gold zone and 7.61 g/t gold over 0.75m within the known mineralized area from drill hole TUT-21-023. All assays from the Fall 2021 drill campaign at King Tut have been received and reported, the company said.

Psyched Wellness (CSE:PSYC, OTCQB:PSYCF) said KGK, a contract research organisation, has reported key recent findings from the analysis of intestinal epithelial immune receptor expression in a study performed in conjunction with the 90-day oral toxicity study with Amanita Muscaria Extract (AME-1). The in vivo study via oral supplementation with AME-1 focused on the potential bioactive effects on the immune receptors Toll-like Receptor-2 (TLR-2) and Dectin-1, which are found on the surface of gut epithelial cells and are useful in fighting pathogens. "The importance of these in vivo findings indicates an innate immune priming biological activity, and this is preserved during the 90-day study. The potential priming effect and maintenance result in a more efficient response to an invading pathogen, thus promoting greater gut health and increased health and wellness of the individual," Brian Tancowny, a scientific advisor for Psyched Wellness said in a statement.

Paltalk (NASDAQ:PALT) said it has launched its mobile backgammon game enabling users to play privately with real-time voice and video. Paltalk said it believes that providing additional interactive offerings and content on its platforms will lead to increased user engagement and potentially new subscribers. "Our release of mobile backgammon demonstrates our ability to develop additional applications and content to offer our subscribers in utilizing our real-time voice and video capabilities. We are always looking to increase our subscribers' usage within our platform and expect to release a third mobile game shortly as we further build out our offering of online games," said Jason Katz, chairman and chief executive officer of Paltalk.

Goldshore Resources Inc (TSX-V:GSHR, OTCQB:GSHRF) has said that it is expanding the exploration program at its Moss Lake gold project after closing a $10 million financing. The company said it will get 8 to 10 rigs turning on the northern Ontario property during this spring and summer exploration period Vancouver-based Goldshore also said it was well-funded, with a treasury of nearly $20 million. Moss Lake currently has a historical resource of 1.47 million ounces of indicated gold, and another 2.51 million ounces in the inferred category.

PlantX Life Inc. (CSE:VEGA) announced that its wholly-owned subsidiary Bloombox Club Limited has launched a new e-commerce platform in France to further extend its subscription service and online shop into a key market in Europe. United Kingdom-based Bloombox Club, an indoor plant and natural product shop and subscription company, now operates e-commerce websites in six countries: the United States, Germany, the UK, Austria, the Republic of Ireland and France. "Market research positions France as a major player in the lucrative indoor plants market, which is why we are confident that Bloombox Club's latest expansion achievement will have multi-faceted impacts that will accelerate PlantX's business goals," said Lorne Rapkin, PlantX CEO, in a statement.

Bloom Health Partners Inc (CSE:BLMH, OTCQB:BLMHF) said it has been awarded an extension of its state-wide contract for coronavirus (COVID-19) testing in Texas for K-12 schools to the end of the 2022-2023 school year. The Texas program, announced in January, includes both rapid and lab testing that covers the needs of schools as they plan for waves and variants associated with the pandemic. As previously announced, Bloom will conduct PCR testing in its Dallas-based laboratory. Rapid tests will continue to be supplied to schools, with results data managed on Bloom's cloud data platform. "We're honored to be an ongoing trusted health provider to schools in Texas," said Andrew Morton, CEO of Bloom in a statement. "Our team is focused on assisting schools in Texas to manage safety in the coming year through a strong clinical practice, supported by best-in-class labs and technology.

North Arrow Minerals Inc (TSX-V:NAR) has reported initial diamond recoveries from the first 70% of a bulk sample collected in 2021 from the Q1-4 diamond deposit at its Naujaat diamond project in Nunavut. The company said the initial diamond results confirm the presence of an important, potentially high-value, fancy orange and yellow diamond population in the Q1-4 kimberlite and add significant confidence to past results. “The significant proportion of fancy colour diamonds in the sample is positive and will provide important information needed to complete ongoing modelling of the size distributions of fancy diamonds in the Q1-4 deposit and will be used in an updated average diamond price estimate in due course,” North Arrow president and CEO Ken Armstrong said in a statement.

Vicinity Motor Corp. (TSX-V:VMC) announced that it has signed a non-exclusive distribution agreement with Hawaii’s Soderholm Sales & Leasing, Inc (SSL), a full-service bus dealer, to sell Vicinity Motor’s Vicinity Lightning, Vicinity Classic and VMC-Optimal vehicles in Hawaii and the Pacific islands region. The North American supplier of electric vehicles said the agreement includes an initial commitment for four stock and demonstration vehicles, including two VMC Optimal S1 vehicles, one Vicinity Classic bus and one Vicinity Lightning bus. “Hawaii is uniquely positioned for vehicle electrification with a geography that enables a broad spectrum of sustainable power generation technologies including solar, wind, geothermal, hydro, ocean, biomass and biofuels,” Vicinity Motor CEO William Trainer said in a statement.

Sanatana Resources Inc. (TSX-V:STA) has announced the completion of its year one obligations under an earn-in agreement with ArcWest Exploration Inc to explore its Oweegee Dome porphyry copper-gold project in British Columbia's Golden Triangle. The Vancouver-based mineral exploration company reminded investors that under the earn-in agreement, it can earn an initial 60% interest/first option in the Oweegee project by funding, over four years, cumulative exploration expenditures of $6.6 million and by making staged cash and share payments totaling $500,000 and two million common shares, respectively. Upon completion of the first option and receipt of an initial interest notice from Sanatana, it will have a 60-day period to elect to earn an additional 20% interest in the Oweegee project, for an aggregate 80% interest or to form a joint venture with ArcWest.

Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF), the Colombia-focused producer, swung to a net income in the year to end-December, compared to a loss in full-year 2020 as the firm realized strong oil and gas prices and lifted output. Net income for the 12 months came in at US$5.7 million compared to a loss of US$32.2 million in 2020 on total gas and oil revenues of US$6.5 million (2020: US$5.3 million). Total average production for the year was 468 barrels of oil per day (boe/d), up from 461 boe/d in 2020.

CleanSpark Inc (NASDAQ:CLSK) said it has finalized $35 million in non-dilutive financing from Trinity Capital Inc, a provider of venture debt financing. The company said the three-year equipment financing agreement is backed by 3,336 new S19j Pro miners and carries an annual interest rate of 9.9%. CleanSpark said it intends to use the proceeds from the facility for growth capital expenditures. Currently, the company has a fleet of over 23,000 latest-generation bitcoin mining machines in operation, with approximately 12,000 machines pending delivery and deployment in batches through October 2022.

Electra Battery Materials Corporation (TSX-V:ELBM, OTCQX:ELBMF) said its listing on the Nasdaq Capital Market has been approved and trading will start on April 27, 2022, under the ticker symbol ELBM. The company will continue to trade on the TSX Venture Exchange (TSX-V) also under the symbol ELBM, the company said. "Listing on the Nasdaq is a significant milestone for Electra and a natural next step in the evolution of the company," CEO Trent Mell said in a statement. "With the heightened interest in electric vehicles, decarbonization, critical minerals and onshoring supply chains, we felt it was important to increase our presence in our primary market for our ultra low carbon battery materials. We are pleased to offer our shareholders the ability to trade on a major U.S. exchange and the expected increase in liquidity will support our Company well over the long term. We look forward to introducing Electra to a new and larger investor base."

Vanstar Mining Resources Inc (TSX-V:VSR, OTCQX:VMNGF) said it has commenced a 4,000-metre (m) drill program at its Bousquet-Odyno project in the Province of Quebec. The Montreal, Quebec-based gold exploration company said it has contracted Diafor Inc, which has mobilized a diamond drill rig to site and is currently drilling the first target. The drill program is designed to test additional areas near surface as well as test areas down plunge from known high-grade zones, it added. The Bousquet-Odyno property lies within the Abitibi greenstone gold belt, along the Cadillac break, a prolific gold-bearing regional structure that has produced 100 million ounces of gold since 1900. Historical drilling on the property prior to IAMGOLD has identified several gold zones, including the Calder-Bousquet Zones No. 2, No. 4 and No. 5. Historical drilling has been relatively shallow, down to approximately 250m.

Altaley Mining Corporation (TSX-V:ATLY) has unveiled an updated preliminary feasibility study (PFS) for its Tahuehueto gold and base metal mine in Mexico, which, it said, has improved the overall economics of the project by 30% compared to the release in March this year. The March 7, 2020, disclosure contained errors related to net smelter return calculations that under-estimated the mine's economics, said the company. The pre-tax net present value (NPV) for the 10.9 year life-of-mine asset is now pegged at US$234.4 million, compared to US$152.8 million this March, while the internal rate of return (IRR) is 65.5%, up from 45%. The payback period is down to 2 years, from 2.58 years previously.

Predictive Oncology Inc. (NASDAQ:POAI) has announced that Theresa Ferguson has been named the company's senior director of Marketing. As Predictive Oncology's senior marketing leader, the company noted, Ferguson steps in as the company begins commercialization of its knowledge-driven technologies, applying artificial intelligence (AI) to develop personalized cancer therapies and improve patient outcomes. It said Ferguson will play a critical role in the development and execution of successful marketing and communications strategies to unify and strengthen Predictive Oncology's public presence, manage corporate partners to support sales goals and help maximize profitability. She will guide ongoing strategic, operational and financial planning for existing and new key markets. "This appointment reflects our continued commitment to gaining sales and marketing traction as we begin commercialization within our core markets," says J. Melville (Mel) Engle, Predictive Oncology chief executive officer and chairman of the board. "Theresa brings the drive, strategic marketing insights and entrepreneurial spirit we need to help elevate and propel our business growth forward."

Essex Minerals Inc. (TSX-V:ESX) said it has reached an agreement with Meryllion Resources Corporation for an arm’s length option and earn-in joint venture on the Mt Turner copper-molybdenum and Drummer Fault gold projects located in north Queensland, Australia. The company told shareholders that its exploration at Mt Turner has identified soil anomalies consistent with circular aeromagnetic and geological features that display classic signature of a large copper-molybdenum porphyry system. Essex said that Mt Turner also has the potential for an economic gold resource along the Drummer Fault structure, because of gold mineralization beneath six small oxide open pits, previous drilling, and rock chip samples along 14 kilometres of the identified strike length within the project area.

Great Panther Mining Limited (TSX:GPR, NYSE:GPL) has reported its latest NI 43-101 compliant resource and reserve estimates for its Tucano gold mine in Brazil, which has seen a 65% increase in the open pit measured and indicated (M&I) resources. The Mineral Resource and Mineral Reserve Estimates (MRMR) has an effective date of July 31, 2021 and reflects the results from an additional 58,837 metres (m) of drilling up to the end of July, an increased gold price of US$1,650 per ounce (oz) for reserves and US$1,900/oz for resources, and an exchange rate of 5:1 Brazilian real to US dollar. Total proven and probable (P&P) reserves for Tucano are now estimated to be 681,873 gold ounces, of which 371,541 gold ounces are open pit reserves, a 24% increase in P&P open pit reserves since the previously reported MRMR estimate, which had an effective date of September 30, 2020.

Bam Bam Resources (CSE:BBR) said its board of directors has approved a consolidation of the company's common shares on the basis of one post-consolidated share for every 10 pre-consolidated shares and a related name change. In conjunction with the consolidation, the company will change its name to Majuba Hill Copper Corp and intends to change its trading symbol on the Canadian Securities Exchange to JUBA. The company currently has 187,788,818 common shares and following the consolidation, it will have approximately 18,778,881 common shares issued and outstanding.

NorthWest Copper (TSX-V:NWST) said it has appointed Peter Lekich as director, investor relations. Lekich has over 10 years of experience in investor relations and previously worked at Galiano Gold and Eldorado Gold. Before that he worked in project finance, asset management and investor relations positions at Alterra Power, a developer and operator of renewable power projects. "We are delighted to add Peter to our team at Northwest," Peter Bell, president and CEO of Northwest Copper said in a statement. "He brings relevant IR experience and investor relationships to us as well as a strong background in finance. We have a busy year ahead and we look forward to having him help us tell our story."

Klondike Gold Corp. (TSX-V:KG) has announced that the Geology NI 43-101 Technical Report on the Klondike District Gold Project located in the Dawson Mining District, Yukon, Canada has been filed on SEDAR. The Technical Report dated April 25, 2022, and has an effective date of January 30, 2022, is entitled "Independent Technical Report for the Klondike District Gold Project, Yukon, Canada". The Technical Report was prepared in accordance with the National Instrument 43-101 Standards for Disclosure of Mineral Projects ("NI 43-101") and is available for review under the company's profile on SEDAR at www.sedar.com and on the company's website at www.klondikegoldcorp.com.

Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) has said following the receipt of notices for the exercise of warrants issued in October 2021, it has issued 240,000 new common shares of no par value. Further, the company has identified that prior to its admission to London's AIM on October 25, 2021, there were 68,674,622 common shares in issue, and not 68,674,202 common shares as stated in the Admission Document. Application is therefore being made for 20 new common shares to correct this matter. Following admission, the company will have 214,054,623 common shares in issue with voting rights and admitted to trading on AIM.

GR Silver Mining (TSX-V:GRSL) said the TSX Venture Exchange has accepted for filing the company's proposal to issue 136,909 shares at a deemed price of 24.5 cents per share to settle outstanding debt for $33,542.87 with two arm's-length creditors.

Aurelius Minerals Inc (TSX-V:AUL, OTCQB:AURQF) said the TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on March 31, 2022, which will see the issue of 1,866,673 shares and 3,030,311 flow-through shares at purchase prices of 30 cents per share and 33 cents per flow-through share, together with 2,448,492 share purchase warrants with an exercise price of 40 cents for a two-year period with 19 placees.

Vicinity Motor Corp. (TSX-V:VMC) said its short form base shelf prospectus dated April 19, 2021, was filed with and receipted by the British Columbia and the Ontario securities commissions. Under Multilateral Instrument 11-102, Passport System, the prospectus is deemed to have been filed with and receipted by the securities regulators for each of the Alberta and Manitoba securities commissions. The TSX Venture Exchange has also accepted the filing of the company's prospectus supplement dated March 23, 2022. The exchange has been advised that the closing of the offering occurred on March 28, 2022, for aggregate gross proceeds of US$12,000,001.50.

Nextech AR Solutions Corp. (CSE:NTAR, OTCQB:NEXCF, NEO:NTAR) has announced that its CEO, Evan Gappelberg will present live at the prestigious European ESCP Business School International Event - From Challenges to Opportunities In An Interconnected World - on Wednesday, April 27, 2022. Speaking on “The Metaverse - The Future of Business”, Gappelberg, joins notable giants in the tech industry such as Google, IBM, Netflix, Salesforce, Singularity and more in talking to the leaders of tomorrow, discussing digital transformation and innovation, highlighting how business will be conducted in the metaverse, and showcasing Nextech’s solutions and its place in this new frontier. The Nextech AR CEO commented: “It is an honor to be invited to present to the leaders of tomorrow at a prestigious institution like the ESCP Business School, which is consistently ranked among the best business schools in Europe. 3D Augmented Reality, Spatial Mapping and the Metaverse represent the future of the way we learn, work, shop, and play, and will provide immersive and engaging experiences for everyone. I’m very optimistic as Nextech offers an end-to-end solution for the Metaverse and adoption and global demand is just starting to scale, with large brands and companies all coming on board. I see the Metaverse as the next generation of technology, the next trillion dollar opportunity which the next generation of leaders will need to embrace. I'm looking forward to presenting and teaching these future leaders about this groundbreaking technology of tomorrow that we are helping to usher in today.”

Emmaus Life Sciences Inc (OTCQX:EMMA) has announced its participation in the following investor conferences: May 3-4, 2022 - Q2 Investor Summit 2022, where Dr Yutaka Niihara, Emmaus chairman and chief executive officer will present a company overview highlighting Endari, the company's FDA approved prescription-grade L-glutamine oral powder indicated to reduce the acute complications of sickle cell disease on May 3, 2022, at 3.30pm ET, with a live webcast of the presentation available on the "News and Events" section of the Emmaus website at: https://ir.emmausmedical.com/news-events, and an archived replay will be available for a period of 90 days after the conference; May 23-26, 2022 - H.C Wainwright Global Investment Conference where Dr Niihara will present a company overview with the on-demand presentation available for viewing beginning May 24, 2022, at 7.00am ET with an audio webcast of the of the presentation available at the Emmaus website at: https://ir.emmausmedical.com/news-events and an archived replay will be available for a period of 90 days after the conference. Emmaus' management team will be available for one-on-one meetings during both conferences. To schedule a one-on-one meeting, investors can contact respective conference representatives or Michael Miller with Rx Communications at mmiller@rxir.com.

Altaley Mining Corporation (TSX-V:ATLY) has announced that Ralph Shearing, its CEO/president will present live at VirtualInvestorConferences.com on May 3, 2022, from 1.00pm to 1.30pm EDT via the following link: https://bit.ly/38xwr5Z. This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event. Shearing will also be available for 1x1 meetings on May 3, 4, and 5, 2022.

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK