Sanatana Resources Inc said it has completed a drill program at its Oweegee Dome copper-gold project in British Columbia’s Golden Triangle, which indicates that the site hosts a copper-gold porphyry system. The company said 12 drill holes totalling 3,679 metres were drilled. Copper mineralization was observed in eight holes and the area of copper mineralization was significantly expanded at the Delta prospect, with mineralization hosted in hydrothermal intrusive breccias, according to Sanatana. Assay results from the drill program are pending.
LQwD Fintech Corp has announced results from its 2022 annual general meeting of shareholders held on August 24, 2022. The company said all four of the nominees listed in LQwD's management information circular dated July 27, 2022, that were proposed by management for election to the board of directors at the meeting were duly elected. The directors will remain in office until the next annual meeting of the company's shareholders or until their successors are elected or appointed. Shareholders appointed Kingston Ross Pasnak LLP as auditor of the company for the upcoming year and authorized the directors of the company to fix the remuneration of the auditor. LQwD's incentive stock option plan, and amendments thereto, were approved by shareholders with 99.78% of shares represented at the meeting voting in favour.
HighGold Mining Inc (TSX-V:HIGH, OTCQX:HGGOF) has announced the filing of an independent Technical Report in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects (NI 43-101) on its Johnson Tract Gold Project in southcentral Alaska. The Technical Report, titled "Updated Mineral Resource Estimate and NI 43-101 Technical Report for the Johnson Tract Project, Alaska," dated August 25, 2022 (effective date of July 12, 2022) has been prepared by Ray C Brown, CPG of Oriented Targeting Solutions LLC, James N Gray, P Geo of Advantage Geoservices Ltd and Lyn Jones, P Eng of Blue Coast Research, and is available on SEDAR under HighGold's issuer profile.
PharmaDrug Inc (CSE:PHRX, OTCQB:LMLLF) told investors it continues to advance its psychedelics research and development (R&D) strategy and aims to file a provisional patent describing novel therapeutic and delivery device for the treatment of glaucoma later this year. The firm said it has selected a final lead drug candidate from a short list of six DMT analogues and intends to submit the patent in the fourth quarter this year. PharmaDrug revealed it has also extended its contract with investigators at Johns Hopkins University in support of a FDA investigational new drug (IND) application, also in 4Q, for a Phase 1 clinical study to investigate persistent effects of DMT.
Los Andes Copper Ltd (TSX-V:LA) announced that Queen's Road Capital Investment Ltd has agreed to invest a further US$5 million in Los Andes by way of an additional convertible debenture. The resource project developer said proceeds from the capital raise will be directed towards expansion drilling at the Vizcachitas copper project in Chile, which is expected to begin soon, completion of the Vizcachitas project prefeasibility study that is underway, and for general corporate purposes. “This financing allows us to continue to progress the project and target resource growth while minimizing dilution to shareholders,” Los Andes Copper CEO R Michael Jones said in a statement.
Psyched Wellness Ltd (CSE:PSYC, OTCQB:PSYCF) announced that it has selected ShipHero as its eCommerce fulfilment partner for its Amanita Muscaria mushroom extract Calm and future products in its innovation pipeline. The company said ShipHero was a tech-enabled 3PL that offered simple, fast, and affordable fulfilment for thousands of brands with international fulfillment networks across the US, Canada, Europe, and Australia. Psyched chief commercial officer Matthew Singh said ShipHero was a logistics partner that would allow Psyched to grow and scale as product demand continued to increase.
ION Energy Limited has validated the geophysics and calculated the volume for its promising Urgakh Naran lithium brine project, while also sharing results from the extensive drilling operations it has finished on its flagship 81,000-hectare Baavhai Uul lithium brine project in Mongolia. The Toronto-based company, which is committed to exploring and developing Mongolia's lithium salars, shared the results of an additional Transient Electro Magnetic (TEM) line that intercepted the previously announced eight TEM lines completed on its more than 29,000-hectare Urgakh Naran lithium brine project in the Dorngovi province. ION said it has successfully completed an additional 16 line-kilometer TEM survey at the project.
Wishpond Technologies Ltd is seeing near-term momentum within its core market following positive second-quarter results that beat on revenue, according to Canaccord Genuity (TSX:CF, LSE:CF). Wishpond’s second quarter showcased record revenue of just over $5 million, a 55% increase from a year ago, on the back of an expanded sales team, new product introductions and acquisitions. In a note following the technology company’s results, analysts at Canaccord said the quarter highlighted its early execution in driving the top line, as cash flow improved in the face of a “challenging” economic backdrop.
Love Pharma (CSE:LUV) Inc is actively identifying and assessing biotechnology and pharmaceutical solutions to grow its pharmaceutical presence in the underserved addiction treatment market, its president and CEO Zach Stadnyk has said in a letter to shareholders. "We welcome this opportunity to provide our shareholders with a comprehensive picture of Love's efforts in building upon its existing portfolio and establishing its future strategic imperatives,” Stadnyk said in the letter. “Building upon Love's existing product portfolio, which is primarily over the counter, the company's strategic imperative is aimed at positioning Love as a leader in the area of addiction treatment and recovery, within the pharmaceutical space," he added.
Alkaline Fuel Cell Power Corp (AFCP) has updated investors on the development of its low-cost fuel cell technology, including providing a conceptual image of its recently-announced 10 kilowatt (kW) fuel cell generator. "AFCP is looking forward to deploying its four additional CE-certified low-cost fuel cell generator prototype units in 2024 and 2025, on top of the two 4kW combined heat and power (CHP) prototypes that were already scheduled for the end of 2023," AFCP CEO Frank Carnevale said in a statement. "Since our technology does not require precious metals, costs are substantially lower relative to other fuel cells in the market, and is driving excitement within AFCP about bringing our line of fuel cells to market more quickly," he added.
Lavras Gold Corp (TSX-V:LGC) has highlighted its early successes including doubling the company's gold endowment and completing a 10:1 share consolidation, as it reported on its second quarter in its first operational update since launching on April 1, 2022. Another key achievement was appointing an exploration and stakeholder-focused management team, the company added. "We have achieved a lot in three months," said Michael Durose, Lavras Gold's president and chief executive officer in a statement.
Copper Fox Metals Inc (TSX-V:CUU, OTCQX:CPFXF), through its wholly-owned subsidiary Northern Fox Copper Inc, has updated on its 100%-owned Eaglehead polymetallic porphyry copper project east of Dease Lake in British Columbia. The company said the permit required to conduct its proposed 2022 drilling program remains pending, adding that a site visit, necessary for the permitting process, was completed in early July and the company continues to contact the relevant authority to determine the status of the permit. "The delay in receipt of the permit to conduct the drilling program is becoming critical to the completion of the proposed 4-5-week drilling program due to the rapidly approaching end of the summer season,” Elmer B. Stewart, president and CEO of Copper Fox said in a statement.
enCore Energy Corp has announced the installation and completion of all wellfield monitor wells for its Rosita Extension Production Area Authorization (PAA), located near its 100% owned and fully licensed Rosita In-Situ Recovery (ISR) Uranium Processing Plant in South Texas. The Vancouver-based uranium developer said the Rosita Extension PAA includes uranium mineralization extending approximately 3,000 feet in length. “We are pleased to have completed the installation of the monitoring wells at the Rosita Extension PAA on budget and on schedule,” enCore Energy CEO Paul Goranson said in a statement. “The completion marks another important milestone towards our planned production in 2023 and we look forward to hitting more milestones as we progress towards uranium extraction.”
Clean Air Metals Inc (TSX-V:AIR, OTCQB:CLRMF) has announced new assay results from the 2022 drill campaign for both the Escape and Current PGE-Cu-Ni (platinum group elements, copper, nickel) deposits at its Thunder Bay North Project in Ontario. In a statement, Abraham Drost, CEO of Clean Air Metals, noted that a prefeasibility study continues under the supervision of COO Mike Garbutt and is expected to culminate in a technical report in May or June this year, adding that environmental baseline fieldwork, engineering studies and hydrogeological drilling test work continue in the meantime. “The drilling assay results are in line with expectations for peer-leading mill head grade in the first 7 years of mining at Thunder Bay North. Considerable upside exploration potential for massive sulphides outside the PEA production area remains at the base of the Escape and Current magma conduits along the Escape Lake Fault. The company is presently expanding its Work Permit footprint to accommodate a drill program on these targets this winter," Drost said.
Amaroq Minerals Ltd (TSX-V:AMRQ, AIM:AMRQ), formerly AEX Gold Inc, told investors that drilling was ahead of schedule at its Nalunaq gold project in Greenland as the explorer posted its results for the second quarter to end-June this year. The company, which now holds mineral assets of over 7,866.85 square kilometres (sq km) having increased its land package and exposure to base and strategic metals, said it had improved efficiency across all aspects of its portfolio.
Jushi Holdings Inc has announced the opening of its fourth medical cannabis dispensary in Virginia which is also its 35th retail location nationwide. Beyond Hello Fairfax will begin serving medical cannabis patients and registered agents on August 31, 2022, the company said. "Known for its hallmark landscaped and leafy street medians, Fairfax is recognized by Forbes as one of the top places to live in the nation. Beyond Hello Fairfax is in a prime location, located in close proximity to George Mason University, a host of shopping centers and independently owned retail shops in the heart of Northern Virginia, and nestled in the suburban expanse of the Washington, D.C. metro region,” Jim Cacioppo, CEO, chairman and founder of Jushi Holdings, said in a statement.
Wellbeing Digital Sciences (NEO:MEDI.AQN, OTCQB:KONEF) Inc says its wholly-owned subsidiary KGK Sciences Inc, on behalf of its client Hofseth BioCare ASA (HBC), has received a no-objection acknowledgement letter from the US Food and Drug Administration (FDA) regarding the development of a new dietary ingredient dossier for its patented ProGo ingredient. The company said HBC, a leading manufacturer of innovative marine-derived calcium, protein, collagen, and lipid nutritional supplements, is now part of an exclusive list of companies that have successfully notified the FDA of their new dietary ingredient. The acknowledgement is the highest safety rating and attestation the client can receive for its dietary ingredient and to date, HBC’s entire portfolio of human food-grade ingredients has received the FDA’s “all good” letter, Wellbeing noted.
Love Pharma (CSE:LUV) Inc is actively identifying and assessing biotechnology and pharmaceutical solutions to grow its pharmaceutical presence in the underserved addiction treatment market, its president and CEO Zach Stadnyk has said in a letter to shareholders. "We welcome this opportunity to provide our shareholders with a comprehensive picture of Love's efforts in building upon its existing portfolio and establishing its future strategic imperatives,” Stadnyk said in the letter. “Building upon Love's existing product portfolio, which is primarily over the counter, the company's strategic imperative is aimed at positioning Love as a leader in the area of addiction treatment and recovery, within the pharmaceutical space," he added.
Prospector Metals Corp has announced additional high-grade gold grab samples and two new occurrences as part of the 2022 exploration program at its Toogood property in Newfoundland, which included yields of up to 67.23 grams per tonne (g/t) gold at the newly-identified Vic prospect, 29.51 g/t gold at the Chimo prospect, and 15.29 g/t gold at the Sherwood zone. The gold and base metals exploration company said the new Vic occurrence has been identified through prospecting along the trend of the Virgin Arm Fault/Dunnage Melange contact one kilometre (km) southwest of the Sherwood zone, while follow-up prospecting has confirmed the presence of gold at the newly named Chimo prospect located 350 metres southeast of Sherwood.
SinglePoint Inc said its subsidiary BOX Pure Air has launched a new division called BPA Solutions to help create safer schools nationwide by improving air quality and providing hardened and enhanced security solutions. The company said BPA Solutions would offer indoor air purification and security products to 131,000 public and private K-12 schools in the US. BPA Solutions said it has teamed up with Ballistic Barrier Products, the makers of certified bullet-resistant door shields and window shades, to design two new products to extend BPA Solutions’ reach into school safety.
Cabral Gold Inc (TSX-V:CBR) has announced assay results from five diamond-drill holes at the Machichie Main zone discovery within Brazil's Cuiú Cuiú gold district, finding continuity of the zone at depth and a “significant” amount of high-grade gold mineralization. "These drill results from the eastern part of the Machichie Main zone extend the mineralized zone to depth, it remains open down-dip on every section,” CEO Alan Carter said in a statement.
Todos Medical Ltd revealed that its Atlanta-area CLIA/CAP-certified clinical lab Provista Diagnostics Inc, has enrolled a female Long COVID patient, who was unable to secure MonkeyPox testing while severely symptomatic, into its diagnostic case study series. The company said that the patient was denied testing while symptomatic for MonkeyPox and has now been prescribed TPoxx. Provista has received patient samples collected prior to TPoxx administration and will assess the MonkeyPox effect on the Amerimmune Long COVID Panel pre and post-TPoxx intervention. The data could provide valuable information on the risk of MonkeyPox to Long COVID patients, said Todos. The company believes it is important for schools to plan for PCR-based coronavirus (COVID-19) surveillance testing and MonkeyPox testing and contract tracing programs in order to be able to effectively respond to the threat of viral outbreaks.
Perk Labs Inc announced it had added new customers in the beauty and restaurant industries, and a reservation feature for its restaurant clients. The firm said it has added a new vertical for its custom branded app with the signing of iBEAUTI Skincare. The reservation feature expands Perk’s product offering and make its custom branded app offering more powerful, it said in a statement.
Pathway Health (TSX-V:PHC) Corp has posted second-quarter revenue of C$2.8 million, a 9% increase over the first quarter, reflecting signs of recovery from COVID-19 restrictions experienced in various Canadian provinces in the first three months of the year. "In the second half of fiscal 2022, we will remain focused on ways to control costs, streamline and leverage our existing business assets, including our partnerships with approximately 2,000 pharmacies, establish new partnerships, develop new integrated programs targeted to better serve patient groups such as veterans, first responders, and contractors, and exploring international opportunities, where we can leverage our experience, know-how and existing partnerships," Pathway CEO Ken Yoon said in a results statement. "With the $3.5 million line of credit in place, Pathway can continue building a solid foundation to support its future growth," he added.
Norsk Titanium (OTCQX:NORSF) AS will release its first half 2022 report and presentation Wednesday 31 August and hereby invites investors, analysts and other stakeholders to a webcast presentation on the same day at 08:00 CET. Please use the following link to access the webcast: https://streams.eventcdn.net/norsktitaniumas/h1-2022/. The webcast will be recorded and available through the same link. The presentation will be followed by a Q&A session. Questions may be asked in writing during and after the presentation in the questionnaire below the webcast window.
South Star Battery Metals Corp said its board of directors has authorized a grant of 835,000 incentive stock options to directors and officers at an exercise price of 41 cents per common share and exercisable for a five-year period, subject to regulatory approval. The shares issuable upon exercise shall be subject to a four-month hold period from the date of the grant of the options. The options are granted under the company's stock option plan, which was approved by shareholders at the company's 2021 annual general meeting.
Electra Battery Materials Corp said the TSX Venture Exchange has accepted for filing the company's proposal to issue 20,000 shares to settle outstanding debt for $82,200 with one creditor.
Silvercorp Metals Inc (TSX:SVM, AMEX:SVM) has announced a normal course issuer bid (NCIB) commencing August 29, 2022, to acquire up to 7,079,407 of its own common shares representing approximately 4% its 176,985,184 common shares issued and outstanding as of August 16, 2022. The repurchase program will expire August 28, 2023. Silvercorp said it feels that the company's shares are currently undervalued by the market, and if such undervaluation continues, the NCIB will enhance value for Silvercorp's shareholders by reducing the number of outstanding shares. The NCIB is being implemented to provide enhanced flexibility should market conditions continue to result in Silvercorp's shares being undervalued relative to the value of its mining operations, together with approximately US$363 million in corporate assets comprised of cash and cash equivalents and short-term investments of US$215.8 million, plus investments in associates and other companies having a total market value of US$147.4 million, both as at June 30, 2022. Purchases will be made at the discretion of the directors at prevailing market prices, through the facilities of the TSX, the NYSE American, and alternative trading systems in Canada and the United States, in compliance with regulatory requirements. The company intends to cancel all shares acquired under the NCIB. The maximum number of shares that may be purchased on the TSX during any trading day may not exceed 98,277 common shares of the company, which is 25% of the average daily trading volume on the TSX based on the previous six completed calendar months.
Pathway Health (TSX-V:PHC) Corp said it has appointed Mark Goldhar to its board of directors of the company. Goldhar will also join the Audit and the Compensation and Governance Committees. The company noted that Goldhar has co-founded 12 companies, four of which were exited to public companies or strategic acquirers, valued at over $80 million. He has raised over $50 million in debt and equity financing for several companies. He served as a founding shareholder and CFO for two pharmaceutical cannabis companies, both of which resulted in exits through public companies. He also cofounded three companies in the psychedelics space, serving as CFO to one that exited through a public company. He continues to serve on the board of one and as financial advisor to the other. Goldhar is a Chartered Professional Accountant with over 15 years of industry experience. "Mark's experience in raising capital, providing strategic advice for entrepreneurial companies in the finance, digital media and cannabis space speaks for itself. His perspective on our growth and strategic initiatives will be immensely impactful," said Ken Yoon, chief executive officer of Pathway.
OTC Markets Group Inc, the operator of regulated markets for 12,000 US and international securities, announced that Faraday Copper Corp, a Canadian exploration company, has qualified to trade on the OTCQX Best Market and has today upgraded from the Pink market under the symbol CPPKF. 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. Paul Harbidge, Faraday Copper president and CEO, commented: "We are very pleased to begin trading on OTCQX, thus reaching another important milestone for the company. The inclusion on OTCQX provides greater company visibility, investment accessibility and trading liquidity, while strengthening our shareholder base. Now, current and prospective shareholders have an enhanced ability to participate in the company's growth potential as we continue to develop our US-based copper projects to support the global electrification initiatives."
Tiziana Life Sciences Ltd (NASDAQ:TLSA) said it has been notified that Panetta Partners Limited, an entity in which Gabriele Cerrone, the company's executive chairman has a beneficial interest, purchased 80,000 common shares at $0.75 per share. The acquisition takes Cerrone's interests from 37.61% to 37.70%.