VR Resources Ltd said that new assay results from the first two drill holes from the recently completed third drill program at its Hecla-Kilmer (H-K) property in northern Ontario confirmed additional broad intersections of critical metals. Highlights from the results include 80 metres at 0.67% total rare earth oxides (TREO) within 131 metres at 0.41% TREO in one hole, and 13 metres at 0.94% TREO within 88 metres at 0.50% TREO in another. Individual one-metre samples from the 13-metre intersection in Hole 11 contain up to 2.3% TREO, up to 39.1% iron oxide (Fe2O3), and up to 11.2% Phosphorus pentoxide (P2O5).
SPYR Technologies has provided investors with a shareholder update from Pierre Parent, the chief technology officer of its recent acquisition GeoTraq. GeoTraq develops and manufactures entirely self-contained and ultra-small mobile Internet of Things (IoT) modules for asset tracking, location-based services, and sensor modules for remote monitoring. In the letter, Parent said GeoTraq’s clear and unique mission was to beat the drum for “simple IoT” as the company grows as a member of the SPYR family.
American Manganese Inc announced it is changing its name to RecycLiCo Battery Materials Inc to reflect its focus on the proprietary closed-loop RecycLiCo process, which upcycles lithium-ion battery waste into high-value battery cathode materials. The name change will officially occur at its upcoming annual general and special meeting of shareholders on July 8, 2022. The company will continue to trade under the stock symbol "AMY" despite the name change.
BioPorto A/S announced that it has reached its target subject enrollment for the final part of a three-part clinical study on The NGAL Test to patients under the age of 22 at risk for Acute Kidney Injury (AKI). The study will support a US Food and Drug Administration (FDA) De Novo submission for use of BioPorto’s test.
Falcon Gold Corp said it has appointed Diana Alvarez to the position of corporate secretary. The company noted that Alvarez is a paralegal with 15 years of experience working in corporate and securities law. Having worked for some of the leading law firms in Vancouver, British Columbia, she is well versed in corporate compliance, governance, and administration of public traded companies. Alvarez has spent her career focused on resource issuers and holds a diploma in paralegal studies. "I am pleased to announce the appointment of Ms Alvarez to the position of Corporate Secretary, her experience and knowledge of Canadian listed issuers strengthens our leadership team," said Karim Rayani, Falcon Gold chief executive officer.
TomaGold Corporation, a Canadian mineral explorer, announced that all the nominees listed in its May management proxy circular were reelected at its annual general and special meeting of shareholders on Tuesday. Shareholders also approved the appointment of Raymond Chabot Grant Thornton LLP as its external auditors for the current year and the continuation of its 10% rolling stock option plan.
enCore Energy Corp said it has secured a uranium purchase sales agreement with a US-based nuclear power company, following a recent site visit to enCore’s Texas operations. enCore said the deal supports its business strategy of building in-situ recovery (ISR) production in the US at its South Texas uranium processing facility. The uranium sales agreement, the third such deal executed by enCore, is a multi-year agreement commencing in 2025, which covers up to 600,000 pounds of U3O8 based on market pricing with a floor price that assures production costs are met. The agreement includes an inflation-adjusted ceiling price higher than the current uranium spot market pricing providing the US nuclear power plant assurance of cost certainty. “With the supply chain disruptions for nuclear fuel resulting from serious geopolitical events, US utilities need domestic supply to achieve greater certainty of supply,” Paul Goranson, CEO of enCore Energy said in a statement.
Nextech AR Solutions Corp has announced the signing of multiple deals by the company’s Map D division for its self-serve event management software solution. The new contracts provide great potential for the company to upsell and cross-sell its spatial mapping, 3D models, holograms and more, the Vancouver-based technology company said. “The Map D platform is transforming and shifting toward Web3.0 and seeing accelerating revenue growth with the integration of Nextech AR’s metaverse suite,” Nextech CEO Evan Gappelberg said in a statement.
Victory Resources Corp said its exploration team has completed an extensive ground sampling program, aimed at guiding prime drill locations for its next round of drilling at the company’s Smokey Lithium Property in Nevada. Building upon favourable drill results, the program focused on sampling the Esmeralda Formation and throughout the surrounding grounds of the Smokey Lithium property and has led to the company locating a zone of higher values to the south and southwest. “We are continuing our exploration efforts at the property through a combination of surface sampling, geologic mapping and geologic modeling all aimed at providing additional drill targets,” Victory president and CEO, Mark Ireton said in a statement.
Think Research Corporation said it has been contracted by a major US-based pharmacy to deliver business intelligence and support solutions to more than 1,700 pharmacies servicing 5.5 million patients throughout the United States. The Toronto-based clinical content and technology company said the contract is a direct result of the acquisition and subsequent integration of Pharmapod Ltd in the second half of fiscal 2021. "We are pleased that this US pharmacy retailer has entrusted Think to provide the essential data, intelligence, and workflow solutions required for modern pharmacies and their pharmacists to improve quality, safety, and compliance,” Think CEO Sachin Aggarwal said in a statement.
Prospector Metals Corp has reported high-grade gold along the newly identified Wiggle Deformation Zone (WDZ) at its Savant project in northwestern Ontario. The Vancouver-based company, which is part of the Discovery Group Company, acquired a 70% option on the 229-square kilometer Savant project from Capella Minerals Ltd. In its update on its fully funded exploration program, Prospector said it mobilized field crews to the Savant project in May, completing a thorough prospecting and sampling Phase 1 exploration program which included ground-truthing key target areas to be followed up by drilling in the third quarter of 2022.
LithiumBank Resources Corp has announced assay results from four wells at its Boardwalk Brine Project in Alberta, reporting average lithium grades above the current inferred resource estimate in all four. LithiumBank collected four 20 cubic meter samples of Leduc Formation brine from four wells in the south Sturgeon Lake oilfield between July 26 and August 13, 2021. This was done for due diligence purposes, to increase sample density, and for mineral processing test work with select direct lithium extraction (DLE) technology providers, the company said. “Results from the assay analysis are very encouraging as the average grades, of all the analysis from each of the four wells, are above the average grade of the NI 43-101 Resource Estimate of 67.1 milligrams per liter (mg/L) lithium,” LithiumBank COO Kevin Piepgrass said in a statement.
Pathfinder Ventures Inc has shrugged off inflation and rising fuel costs to announce a 36.3% increase in bookings at its campsites as the peak season approaches. From June 20 to September 4, 2022, the operator of family-friendly recreational vehicle (RV) parks and campsites has secured reservations of 16,149 total site nights across all three of its resorts, an increase of 4,304 total site nights booked over the same time period in 2021. The company said it has seen an increase in non-local customers from northern British Columbia (BC) and Alberta choosing to stay close to home, largely due to the rising fuel costs, but noted that these reservations have quickly been rebooked by guests from the Lower Mainland and Vancouver Island. "We'd love to host guests from out of town and provide them with the unique Pathfinder Camp Resorts experience, but we understand the rising costs associated with driving," Pathfinder COO Stan Duckworth said in a statement.
Thesis Gold Inc has told investors that five holes sunk near the Thesis III occurrence at its Ranch project in British Columbia hit anomalous gold. This year's spring program at Thesis III has now more than doubled the West Zone to over 150 metres (m) of strike, 185m vertical depth and it remains open in all directions. Among this year's highlights were one hole, which hit an upper interval of 6.50m at 3.27 grams per ton (g/t) gold, starting from just 4.5m depth and a middle interval of 16m of 0.77 g/t gold from 71m depth and a deeper intercept of 64.5m grading 1.24 g/t of the precious metal, starting from 161m depth.
CO2 GRO Inc said it has sold a second CO2 Delivery Solutions to Hidroexpo S.A de C.V. in El Salvador marking the company’s first repeat sale of the technology to a major international greenhouse vegetable grower. The company said the CO2 Delivery Solutions—its proprietary technology that mists an aqueous CO2 solution directly onto pants in protected growth facilities—would be installed in one of Hidroexpo’s 36 similar one-hectare greenhouses that grow bell peppers mainly for export. CO2 GRO’s first sale to Hidroexpo announced in November 2021 came after a one-year technology trial that demonstrated a 20% increase in pepper production using CO2 Delivery Solutions when compared to peppers grown in ambient conditions.
Clean Air Metals Inc has announced new assay results from the 2022 drill campaign from both the Escape and Current PGE-Cu-Ni deposits at the company's Thunder Bay North Project near Thunder Bay in Ontario, Canada. “The Escape and Current deposits continue to perform," Abraham Drost, CEO of Clean Air Metals said in a statement. "Potential peer leading mining head grades and proximity to infrastructure near the City of Thunder Bay and support of the affected First Nation and Metis communities for this sustainable green energy metal mix position the project well." He added that these factors combined with DRA's work targeted on improving ore payabilities are critical to the success of the project, referring to DRA AMERICAS Inc, which successfully bid for pre-feasibility metallurgical testing and process plant design for the Thunder Bay North Project.
Electric Royalties Ltd said it has signed an agreement to sell 1% of its existing 1.5% Net Smelter Royalty (NSR) on the Seymour Lake lithium deposit in Ontario to Lithium Royalty Corp. The clean energy commodities royalty company said it will receive C$4 million in cash consideration for selling two-thirds of its 1.5% NSR, being one-half of the total 3% NSR on the Seymour Lake deposit. Sandstorm Gold Ltd holds the balance of the project’s NSR. “This partial sale along with the cash from our recent financing will enable us to deploy capital into additional nearer-term production opportunities with a view to increasing cash flow,” Electric Royalties CEO Brendan Yurik said in a statement.
Ximen Mining Corp said it has arranged a non-brokered private placement of 8 million units at a price of $0.07 per unit for gross proceeds of $560,000. Each unit consists of one common share and one transferable common share purchase warrant. Each whole warrant will entitle the holder to purchase, for a period of 60 months from the date of issue, one additional common share of the Issuer at an exercise price of $0.10 per share. The net proceeds from the Offering will be used by the company for exploration expenses on its British Columbia mineral properties and general working capital. Ximen said directors, officers or other insiders of the company may participate in the foregoing offerings, and such parties may sell securities of the company owned or controlled by them personally through the facilities of the TSX Venture Exchange (TSX-V) to finance participation in such offerings. A finder's fee may be paid to eligible finders in accordance to the TSX-V policies. All securities issued under the offering will be subject to a hold period of four months and one day from the date of closing. The offering and payment of finders' fees are both subject to approval by the TSX-V.
Marble Financial Inc announced that its CEO, Karim Nanji, has been named as the 'Executive of the Year' in the Canadian Lenders Association's (CLA) 2022 Leaders in Lending Awards. The AI-driven financial technology company said the CLA, which represents businesses in the Canadian consumer and commercial lending sector and supports the industry’s growth and innovation, recognizes the industry's top solution providers, leading company executives and notable thought leaders and rainmakers. “I am honoured to have won 'Executive of the Year', a distinguished award in the CLA's 2022 Leaders in Lending Awards,” Marble CEO Karim Nanji said in a statement.
Paltalk Inc, a leading communications software innovator that powers multimedia social applications, has announced that its board of directors has approved the engagement of Roth Capital Partners LLC as the company's financial advisor and investment banker to explore strategic initiatives focused on buy-side acquisitions. Jason Katz, chairman and CEO of Paltalk, commented: "With our recent acquisition of Visicom Media Inc.'s ManyCam assets, our board of directors has decided to retain and engage Roth to strengthen our ongoing efforts to identify and close additional acquisitions to accelerate our growth and profitability. We are excited to work closely with Roth as we seek to expand our communications software and multimedia social applications, which we believe has the potential to provide substantial value to Paltalk stockholders. We believe our Nasdaq listing status, cash position and current operating business strategy provide us a strong platform to execute our strategic plan to acquire additional complementary and synergistic businesses."
Stifel GMP has repeated a 'Buy' rating on Mongolia-focused gold producer Steppe Gold Limited saying it continues to be impressed with the ramp-up of its ATO mine and that the company is undervalued compared to peers. On June 27 this year, the miner announced that gold output from the flagship mine was expected to hit 10,400 ounces in the second quarter, 6% higher than the broker's expected figure. "Onsite reagent supply continues to increase towards the target of six months of inventory. With this robust stockpile of reagents, the active leaching footprint will be increased with the goal of producing 15koz in Q3 - significantly ahead of our expected 8.4koz," said Stifel analysts.
Manganese X Energy Corp said it has filed a technical report on Sedar of a Preliminary Economic Assessment (PEA) for its wholly-owned Battery Hill manganese project, located near Woodstock, N.B.. There is no material difference in the PEA from the information disclosed in the May 12, 2022 news release. The PEA was prepared by Wood Canada Ltd., an independent engineering service group with extensive experience in mining and mineral processing. The PEA technical report was prepared in accordance with the requirements of National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"), has an effective date of May 12, 2022, and has a report date of June 24, 2022.
Fireweed Zinc Ltd said the TSX Venture Exchange has approved the change of name to Fireweed Metals Corp and the company will begin trading under its new name on Thursday, June 30, 2022. Fireweed will continue to trade under the same symbol FWZ on the TSX Venture Exchange and the number of shares outstanding will not change.
Agra Ventures Ltd has provided the voting results from its Annual General & Special Meeting (AGM) that was held on Monday, June 27, 2022, in Vancouver, British Columbia. A total of 947,584 common shares of the company were voted, representing 3.81% of Agra's outstanding shares. Shareholders voted in favour of all applicable items of business set before the meeting. Elise Coppens, Brian O'Neill, and Fiona Fitzmaurice were all re-elected to the board of directors at the AGM. Additionally, a new director, Anthony Carnevale, was elected to the board. Carnevale is an established cannabis industry professional and entrepreneur. Before entering the cannabis space, Anthony spent nearly a decade as a sommelier and winemaker in Ontario's wine industry. Capitalizing on his strong background in hospitality management, he began his career in cannabis as the General Manager of one of Canada's oldest cannabis lounges, Vapor Central. Most recently, he has taken on a marketing leadership role for a Canadian vaporizer hardware distributor named Calyx Labs. Coppens, chair of the board commented: "I would like to welcome Anthony Carnevale as a new director of the company. His collective knowledge and experience are expected to add value to our current board of directors. It is an exciting time for AGRA and I am confident that the changes enacted at our AGM will help to create shareholder value in the future. I would also like to thank the outgoing directors, Jerry Habuda and Joseph Perino, for their service to the company."
TNR Gold Corp said the TSX Venture Exchange has accepted for filing documentation with respect to its non-brokered private placement announced on April 4, 2022, which will see the issue of 1.25 million shares at a purchase price of 5 cents per share, together with 625,000 share purchase warrants with an exercise price of 7.5 cents for a two-year period with five placees.
Guardforce AI Co. Limited has announced that it will be ringing the Nasdaq opening bell in Times Square, New York City to celebrate the company's 40 years of service excellence in providing secured logistics solutions. The ceremony will take place on Tuesday, July 5, 2022, beginning at approximately 9.15am ET and can be viewed live at https://www.facebook.com/Nasdaq. Terence Yap, chairman of Guardforce AI commented: "We're honored and proud to celebrate this significant milestone of 40 years of business by ringing the Nasdaq opening bell. Our Thailand subsidiary was founded in 1982 and has become an established, leading provider of cash logistics services to the largest banks in Thailand. Over the last four years, we have rapidly transformed into a globally integrated security solutions provider, focused on robotic solutions and information security services that complement our well-established secured logistics business. I would like to thank all our employees, shareholders, and key stakeholders who have contributed to our success and made this event possible. We are more encouraged than ever by the outlook for the business and look forward to achieving many more successes in 2022 and beyond."
Proactive Research has issued a note on Numinus Wellness Inc which has created a North American integrated business delivering mental health wellness services through clinics offering safe, evidence-based psychedelic-assisted therapies.
Co-Diagnostics Inc has said it will be presenting this week at the 29th International Biodetection Technologies Conference, held virtually June 28-29, 2022. The company's CEO Dwight Egan will be providing updates and details about its upcoming PCR Home testing platform in the conference's Point-of-Care Diagnostics for Global Health and Biodefense agenda. Egan's presentation will be broadcast on June 29 at 12.30pm ET. To learn more about the conference, including registration details, interested parties can visit biodetectiontechnologies.com/point-of-care-diagnostics. An archived version of the presentation can be accessed on the Events and Webcasts section of the Co-Diagnostics website following the conclusion of the conference.
Water Tower Research has published an invite to its upcoming fireside chat with CoinShares International via the following link: https://www.watertowerresearch.com/content/fireside-chat-jean-marie-mognetti-ceo-july-6-2022-at-11-00-am-edt
OTC Markets Group Inc, the operator of regulated markets for trading 12,000 US and international securities, has announced that Collective Mining Ltd, an exploration and development company focused on identifying and exploring prospective mineral projects in South America, has qualified to trade on the OTCQX Best Market and has today upgraded from the Pink market under the symbol CNLMF. 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 U.S To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws. "We are pleased to reach the milestone of trading on OTCQX, as this will make it easier for our US employees and investors to invest in Collective Mining by reducing the requirement of having a Canadian trading account," said Ari Sussman, executive chairman of Collective Mining.
OTC Markets Group Inc, the operator of regulated markets for 12,000 US and international securities, has announced that Lundin Gold Inc, a Canadian mining company, has qualified to trade on the OTCQX Best Market and has today upgraded from the Pink market under the symbol LUGDF. 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. Ron Hochstein, Lundin Gold's president and CEO, commented: "We are excited to graduate from the Pink market and begin trading on the OTCQX Market. This achievement will give a greater number of investors the opportunity to invest in Lundin Gold and enable participation in our exciting growth story, where maximization of shareholder value is the primary consideration."