Iris Energy (NASDAQ:IREN) Limited has issued a corporate update for September, revealing an increased bitcoin mining output. The company mined 325 Bitcoin last month, up 8% from 301 in August, and reached an average operating hashrate of 2,729 PH/s (petahashes per second), up 24% from August. Monthly operating revenue was $6.2 million, down 6% from August. The heightened hashrate was driven by the energization of Iris Energy (NASDAQ:IREN) (Iris Energy (NASDAQ:IREN))’s third operating site, a 50-megawatt (MW) operation in Prince George, British Columbia. The move boosted the company’s operating capacity by more than 60% to exceed 3.7 EH/s (exahashes per second).
Plurilock Security Inc announced that its wholly-owned subsidiary Aurora Systems Consulting Inc has received a US$972,000 purchase order from the US Department of the Air Force. The award is part of the National Aeronautics and Space Administration's (NASA) Solution for Enterprise-Wide Procurement (SEWP) program, a US Government-Wide Acquisition Contract Vehicle (GWAC). The cybersecurity firm said the order aligns with its stated goal of expanding within the government and defense verticals.
Vox Royalty Corp (TSX-V:VOX) has announced that its common shares will commence trading on The Nasdaq Stock Market from the market open today, Monday, October 10, 2002, under the ticker symbol VOXR. Vox's common shares will continue to trade on the TSX Venture Exchange under the ticker symbol VOX. Concurrent with the commencement of trading on the Nasdaq, Vox's common shares will cease trading on the OTCQX. While shareholders are not required to take any action, Vox recommends that holders who bought their shares on the OTCQX monitor their institution/brokerage account to ensure their holdings are correctly reflected in respect of the listing on the Nasdaq, which may take up to two weeks for some brokerage accounts.
Ultra Lithium Inc said it has closed its non-brokered private placement issuing 2,156,278 units at a price of C$0.15 per unit - a premium of 50% over current market - for gross proceeds of C$323,442. The company said the net proceeds from the sale of units will be used for general working capital purposes. Each unit in the private placement will be comprised of one common share of the company and one-half of one common share purchase warrant. Each whole warrant will entitle the holder to purchase one common share of the company for a period of 24 months. Each warrant will be exercisable for $0.25 for the first 12 months following the closing date of the placement and at $0.35 thereafter.
Zynerba Pharmaceuticals Inc (NASDAQ:ZYNE) has announced the presentation of a poster at the 2022 National Organization for Rare Disorders (NORD) Rare Diseases and Orphan Products Breakthrough Summit being held October 17-18, 2022, in Washington DC. The poster presentation is titled 'An Open-Label Tolerability and Efficacy Study of ZYN002 (Cannabidiol) Administered as a Transdermal Gel to Children and Adolescents with 22q11.2 Deletion Syndrome (INSPIRE)' and it will be on display for the entirety of the summit being held at the Marriot Marquis Washington. A copy of the poster will be made available on the Zynerba corporate website following the presentation at www.zynerba.com/publications.
PyroGenesis Canada Inc said that its negotiation for a contract for a land-based system to destroy pollutant Perfluoroalkyl and Polyfluoroalkyl substances (PFAS) has been suspended and discontinued. The company had won a competitive bidding process and had been selected to provide its plasma-based thermal process equipment in a two-phase project geared toward providing a land-based system to destroy PFAS. The first phase was to provide pilot testing, while the second phase was geared toward a full fabrication, furbishing and commissioning of a fully commercial land-based system. "This decision was made because we remained firm in our decision to not compromise nor hand over, to the client, the intellectual property (IP) which we would have developed in Phase 1," P. Peter Pascali, CEO and chair of PyroGenesis said in a statement.
Altaley Mining Corporation (TSX-V:ATLY) said that further to its news release dated June 27, 2022, it has been advised that Roberto Guzman Garcia has filed a renewed Form 45-102F1 - Notice of Intention to Distribute Securities under Section 2.8 of NI 45-102 - Resale of Securities, since the forms previously filed on June 24, 2022 and July 29, 2022, have expired. The contents of Form 45-102F1 remain unchanged having not yet completed any sale of securities under the previous filings.
In a new video released today, Mark A. Smith, CEO and executive chairman of NioCorp Developments Ltd and Dean Kehler, CEO and co-chairman of GX Acquisition Corp. II discuss the recently announced definitive agreement for a proposed business combination between the two companies. In addition to discussing NioCorp's Elk Creek Critical Minerals Project, Messers. Smith and Kehler address the merger and related questions from investors. The video is available for viewing here.
American Resources Corporation (NASDAQ:AREC) has announced that Mark Jensen, its chief executive officer and Kirk Taylor, chief financial officer will present at the Virtual Investor Sustainability Royalty Spotlight Event on Wednesday, October 12, 2022, at 3.00pm ET. During the event, the company will discuss its special purpose acquisition company, American Acquisition Opportunity Inc, formed for the purpose of effecting a merger, stock purchase or similar business combination with one or more businesses. In addition to the moderated portion of the event, all investors and interested parties will have the opportunity to submit questions live during the event. The company will answer as many questions as possible during the event. A live video webcast of the Virtual Investor Sustainability Royalty Spotlight Event will be available on the Events section of the Investors page of the company's websites: www.americanresourcescorp.com and www.americanopportunityinc.com. A webcast replay will be available two hours following the live presentation and will be accessible for 90 days.