Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF) has unveiled the latest positive drill results from its Douta gold project in Senegal, which will potentially upgrade the Makosa gold deposit resource there.
The program of reverse circulation (RC) drilling was designed to both upgrade parts of the existing resource and to target potentially higher-grade parts of the deposit.
BioHarvest Sciences Inc has signed a binding letter of intent (LOI) to supply Royal Emerald Pharmaceuticals with unique compositions of cannabis in an effort to develop cures PTSD, pain management, anxiety conditions and more.
Royal Emerald is one of seven Drug Enforcement Administration (DEA) bulk manufacturing registration holders permitted to grow marijuana in the US for drug-related studies approved by the US Food and Drug Administration.
Gratomic Inc. (TSX-V:GRAT, OTCQX:CBULF) announced that it has completed the NI43-101 Technical Report for its wholly-owned Capim Grosso Graphite project, located in the northeastern Brazilian state of Bahia.
The Toronto-based multinational company said the NI43-101 Technical Report dated November 14, 2022, doesn’t omit any material scientific and technical information regarding its Capim Grosso asset and has an effective date of October 29, 2022.
Algernon Pharmaceuticals Inc. (CSE:AGN, OTCQB:AGNPF) told investors it had started screening people to take part in its Phase 1 clinical study of an intravenous formulation of AP-188, or DMT to treat stroke, which will take place at the Centre for Human Drug Research (CHDR) in Leiden in the Netherlands.
The company said it aimed to start enrolling people shortly and dose the first subject in December this year.
Argentina Lithium & Energy Corp (TSX-V:LIT, OTCQB:PNXLF). has increased the private placement amount announced on 3 November 2022, from $6 million to $9 million, consisting of 36,000,000 units at $0.25 per unit due to high investor demand.
Each unit will consist of one common share and one transferrable common share purchase warrant. Each warrant will entitle the holder thereof to purchase one additional common share in the capital of the company at $0.40 per share for two years from the date of issue.
Vox Royalty Corp (TSX-V:VOX) has advised the TSX Venture Exchange that it may repurchase for cancellation up to 2,229,697 common shares in its own capital stock. The purchases are to be made through the facilities of the TSX Venture Exchange or other recognized marketplaces during the period from November 21, 2022, to November 20, 2023.
BioHarvest Sciences Inc. (CSE:BHSC, OTC:CNVCF) has closed the second tranche of its non-brokered private placement of convertible notes previously announced on Oct. 7, 2022. The company expects the offering to be oversubscribed due to the significant demand. It plans to close an additional tranche of up to C$3 million by December 15, 2022, subject to regulatory approvals. Under the second tranche, the company has issued notes in the aggregate principal amount of C$2,612,742.28. With the closing of this tranche the aggregate amount raised under the offering to date is $ 9,490,985.94.
EverGen Infrastructure Corp (TSX-V:EVGN) will release its 2022 third quarter financial results after market close on November. 21, 2022. A results and corporate update conference call will follow at 10 a.m. ET on Nov. 22, 2022, hosted by CEO Chase Edgelow.
Electra Battery Materials Corporation (TSX-V:ELBM, NASDAQ:ELBM) has closed its previously announced overnight marketed public offering of units of the company at a price of $2.35 per unit for gross proceeds of approximately $5.5 million. Each unit comprises one common share in the capital of the company and one common share purchase warrant. Each warrant entitles the holder to purchase one common share at a price of $3.10 at any time on or before the date that is 36 months after the closing date of the offering. The company intends to use the net proceeds of the equity offering for capital expenditures associated with the expansion and recommissioning of the company's wholly owned hydrometallurgical cobalt refinery, including buildings, equipment, infrastructure and other direct costs, as well as engineering and project management costs.
PlantX Life Inc. (CSE:VEGA) has provided an update on the delay in the filing of its annual financial statements, management's discussion and analysis and related certifications for the fiscal year ended March 31 this year and its financial statements, management's discussion and analysis and related officer certifications for the three-month period ended June 30, 2022. It said its 2022 audit currently remains ongoing and, as previously disclosed, is experiencing delays caused by the need to complete the previously announced restatement of the annual audited 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. Trading in the company's securities currently remains subject to a general "failure to file" cease trade order issued on October 18, 2022 by the British Columbia Securities Commission pursuant to National Policy 11-207 – Failure to File Cease Trade Orders and Revocations in Multiple Jurisdictions. PlantX said it was 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 filed no later than November 30 this year. The company expects the interim filings to be filed concurrently with or shortly after the filing of the annual filings.
Deep-South Resources Inc (TSX-V:DSM) announced that the High Court of Namibia has postponed the verdict in the case to review a decision by the minister of mines not to renew the company’s exploration and prospecting licence to February 23, 2023. The judge is using the limit of the three months allotted by the rules of the High Court to render his verdict. The judge indicated that he has read the pleadings of the parties and other documents filed with the court and that the judgement is not ready yet."With the recent events at the Ministry of Mines, the decision of the judge to postpone the verdict is an important sign that the judge takes this case very seriously,” said Deep-South CEO Pierre Leveille.
Alkaline Fuel Cell Power Corp. (NEO:PWWR.AQN) has engaged Agora Internet Relations Corp and Grit Capital Corp to provide marketing and investor relations consulting services in order to help increase public awareness of and interest in the company, its management and its products by coordinating certain investor relations, marketing and corporate financial public relations with members of the investment community, the financial media and the public, in general. The company expects to settle the fees payable pursuant to Agora and Grit Service Agreements (estimated to be approximately $270,000 for one year) per financial quarter through the issuance of Restricted Share Units pursuant to the company’s Restricted Share Unit Plan, at the beginning of each financial quarter, subject to the policies of the NEO exchange and applicable securities laws.