Inflation and lower metal prices have continued to exert pressure on precious metals miners' margins in 3Q, Stifel GMP analysts have forecast.
In a precious metals 3Q earnings preview note to clients, the analysts wrote that inflation continued to apply upward pressure on miners’ costs, primarily on key consumables, including steel, cyanide, and reagent prices.
Quebec Nickel Corp (CSE:QNI, OTCQB:QNICF) said drilling at its Ducros project in Quebec has potentially expanded the known sulphide mineralization at the Fortin Sill Zone.
The company said the new mineralized drill intercepts occur below and to the southwest of the currently known extent of the Fortin Sill Zone.
Quantum eMotion Corp (TSX-V:QNC, OTCQB:QNCCF) CEO Francis Bellido said that even as broader quantum computing remains publicly inaccessible, some powerful tools are becoming available to integrate the potency of quantum methods into existing security. Significantly, the advent of quantum random number generators (QRNGs) is making it possible to easily create cryptographic systems that are truly secure against all random number attacks. “Currently, encryption seeds are generated by pseudorandom number generators that are essentially algorithms using mathematical formulas to produce sequences of seemingly random numbers,” Bellido told Duff McCourt as part of a cybersecurity campaign, with Mediaplanet. “These numbers are an approximation of randomness and are deterministic by nature. In contrast, QRNGs are non-deterministic and based on quantum phenomena. We have produced a second-generation QRNG based on the quantum tunneling phenomenon created by electrons, unlike other competitive technologies which depend on photonics physical properties. This new approach shows distinctive advantages in terms of robustness, speed, scalability, and cost.” According to Canadian quantum-safe cybersecurity innovator Quantum eMotion, the article will also be featured in a special National Post edition and can be read here.
Forward Water Technologies (TSX-V:FWTC) said the TSX Venture Exchange has accepted for filing the company's proposal to issue an aggregate of 502,999 common shares at a deemed price of 19 cents, 17 cents or 9 cents per share to settle an outstanding debt of $67,800, in consideration of certain services provided to the company under an agreement dated November 5, 2021, with one service provider.
Tiziana Life Sciences Ltd (NASDAQ:TLSA) has said it will be participating in The ThinkEquity Conference, which will take place on October 26, 2022, at The Mandarin Oriental Hotel in New York. Dr Matthew W. Davis will be presenting at 2.30pm ET on October 26. Dr Davis will also be holding one-on-one investor meetings throughout the day. The presentation will also be live-streamed at the following link. Interested parties can register to attend here.
Japan Gold (TSX-V:JG) announced it will hold its Annual General Meeting virtually on Thursday, October 20, 2022 at 3:00 p.m PT at https://meetnow.global/MXNMPNU. Following the formal portion of the AGM, management will also discuss the company's ongoing drilling progress and the selection of six projects by Barrick Gold Corporation. The discussion will be followed by a question and answer period. Registered shareholders and duly appointed proxyholders can attend the AGM online to participate, vote, or submit questions during the AGM's live webcast. In order to participate online, registered shareholders must have a valid 15-digit control number and proxyholders must have received an email from Computershare Trust Company of Canada OR Computershare Investor Services Inc. containing an Invite Code. Guests are invited to attend and submit questions during the question and answer period.
PlantX Life Inc. (CSE:VEGA) announced today that, the British Columbia Securities Commission has issued a general "failure to file" cease trade order pursuant to National Policy 11-207 - Failure to File Cease Trade Orders and Revocations in Multiple Jurisdictions dated October 18, 2022. The CTO was issued as a result of the company's failure to file its fiscal 2022 financials for the three-month period ended June 30, 2022 before the prescribed deadline of July 29, 2022. The company's 2022 audit currently remains ongoing and as previously disclosed, is experiencing delays caused by the need to complete the previously announced restatement of the company's audited, annual financial statements for the fiscal year ended March 31, 2021 and the implementation of additional internal control procedures as a result of the restatement process. PlantX said it is working diligently with the auditors to complete and file the Annual Filings and the Interim Filings and expects to have the audit of the Annual Filings completed, and the Annual Filings filed, no later than November 15, 2022.
World Copper Ltd (TSX-V:WCU, OTCQX:WCUFF) announced that Nolan Peterson, CEO, will present live at VirtualInvestorConferences.com on October 20th, 2022 at 1:00 PM ET. Registration is available here. Individuals interested in arranging a meeting with management are welcome to contact World Copper.
Avalon GloboCare Corp (NASDAQ:AVCO) announced that CEO David Jin and chief financial officer Luisa Ingargiola will be presenting at the 15th annual LD Micro Main Event, held October 25-27 at the Luxe Sunset Boulevard Hotel in Los Angeles. The company’s presentation is scheduled for 4 pm PT on October 26. Interested parties can register at https://me22.sequireevents.com/.
Guardforce AI Co Ltd (NASDAQ:GFAI) announced that CFO Yu-Heng (Brian) Ma will be presenting at the 15th annual LD Micro Main Event on October 26 at the Luxe Sunset Boulevard Hotel in Los Angeles, California. The presentation is scheduled for 11 am PT. Register to watch the virtual presentation at https://me22.sequireevents.com/.