Analysts at Laurentian Bank Securities echoed their Buy rating and C$2.50 price target for Troilus Gold Corp (TSX:TLG, OTCQX:CHXMF). This follows the release of analysis of Zone X22 at the company’s Troilus project in Quebec.
Troilus shares are currently trading at $0.72 CAD.
Power Nickel Inc (TSX-V:PNPN) has completed the second tranche of its previously announced C$5 million private placement, issuing 5.17 million corporate flow-through (FT) units at a price of $0.50 per FT. said it had raised $2,585,000 Canadian dollars. unit.
Junior Explorers will use gross proceeds from the FT’s offerings for exploration activities on NISK-owned properties in Quebec, covering eligible Canadian exploration expenses eligible for the federal 30% Critical Minerals Exploration Tax Credit said he intended to
Montero Mining and Exploration Ltd (TSX-V:MON) has revealed new developments related to arbitration proceedings against the Tanzanian government regarding its Wigu Hill rare earth project.
Canadian Resource Jr. has engaged Timothy Foden, a prominent arbitration attorney at Boies Schiller Flexner (UK) LLP, along with Jeantet AARPI, as co-counsel.
Arizona Silver has begun a drill program at the Philadelphia Gold and Silver Project in Mojave County, Arizona. This tests the western edge of the recently identified Red Hill CSAMT geophysical anomaly.
“Testing the downward sloping extension of the HW vein beneath the last drill intercept of the PC22-91 hole, the interpreted feeder zone to the Red Hill CSAMT anomaly, and the western edge of the anomaly itself with two core holes. We are looking forward to it,” said Arizona. Silver VP-Exploration Greg Hahn said: in a statement.
Perimeter Medical Imaging AI (TSX-V:PINK, OTC:PYNKF) said it has installed its S-Series OCT system in Utah.
This is the first commercial deployment of its flagship system, the company said in a statement.
Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) said it has received conditional approval from the Canadian Stock Exchange (CSE) to list its standalone web application, Toggle3D.AI.
The company’s new CSE trading symbol is TGGL, and trading is expected to begin in early June 2023.
Victory Battery Metals Corp (CSE: VR, OTC: VRCFF) has completed drilling three holes on its Smokey Lithium Nevada property and, based on positive on-site analyses, will include a fourth hole. He said the program was expanded.
According to the company, the hole location was chosen to extend strong lithium mineralization intersected by the first drilling program in 2022., 23-02 and 23-03.
Troilus Gold Corp (TSX:TLG, OTCQX:CHXMF) said analysis results from Zone X22 at its Troilus project in north-central Quebec show continuity of minerals within the previously discovered high-grade zone. said there is.
“We are very pleased with the continued positive results from X22, which show a consistent pattern of very high grade zones throughout the length of the strike. , our understanding of the implications for future feasibility studies is improving, and we look forward to reporting the results of the remainder of this first drilling program in the coming weeks,” said Justin Reid, CEO of Troilus Gold. said in a statement.
Empower Clinics Inc. (CSE: EPW, OTCQB: EPWCF) announced that its subsidiary, EPW Curesearch LLC, has acquired leading physician and research companies to support clinical trial services at its first research site in Dallas, Texas. said it has signed two new research services agreements with
This addition brings the number of professional researchers working in the field to three, paving the way for conducting multiple research projects across different specialties and disease states. Researchers are medical practitioners who are specialists or internists with previous research and clinical trial experience that are essential to the success of the trial process.
Delta 9 Cannabis Inc (TSX:DN) said it has signed a deal to supply recreational cannabis to Yukon Liquor Corporation (YLC), expanding its domestic market.
The first shipments to YLC are scheduled for the second quarter of this year.
Givex Corp (TSX:GIVX, OTCQX:GIVXF) has announced automated voucher fulfillment for Qantas’ frequent flyer program with iconic Australian department store David Jones.
This process, which previously took up to 48 hours manually, now takes minutes, improving the customer experience and reducing labor costs. Givex uses his Marketplacer for fulfillment of David Jones rewards.
Strategic Minerals PLC (AIM:SML, OTC:SMCDF) said it sold just over 4,700 tonnes of magnetite from its Cobre project in the United States during the quarter ended March 31, 2023, generating a profit of US$415,000.
Group cash was USD 281,000 at 31 March 2023, down slightly from USD 341,000 recorded at 31 December 2022. The decline is consistent with operations at Cobre and also reflects continued activity at Redmoor and Leigh Creek. In the year-ago quarter, Strategic Minerals had revenues of US$663,000.
Adriatic Metals PLC (LSE: ADT1, ASX: ADT, OTCQX: ADMLF) has withdrawn a third US$30 million senior secured debt tranche from Orion Mine Finance.
All precedent conditions have been met or waived and funds have been received.
Hydrogen Utopia International PLC (LSE:HUI, OTCQB:HUIPF) (HUI) told investors it has hired WS Atkins as a planning and environmental consultant for its proposed waste plastic-to-hydrogen conversion facility.
Atkins subcontracted the project to MKO, Ireland’s largest planning and environmental consultancy.
Guild Esports PLC (LSE: GILD, OTCQB: GULDF) is a three-year sponsor and sponsor of Hummel International Sport & Leisure (trading as hummel), a global sports and fashion brand and manufacturer of quality sportswear. Announced a merchandising agreement. UK Licensed and Rightsholder, SportsPro.
The sponsorship will generate up to £700,000 in revenue for the Guild over the life of the deal, appointing Hummel as the Guild’s Official Technical Kit Partner and appearing on the front of the Guild’s team jersey.
Iofina PLC (AIM:IOF, OTC:IOFNF) has reduced its debt to less than US$1 million and plans to be operational by the end of the quarter as its newest iodine extraction plant reports strong earnings growth and cash flow said it was. the past year.
The iodine and specialty chemicals producer announced results showing its underlying earnings (EBITDA) for the calendar year increased 65% to US$11.5 million. We are far ahead of the guidance we issued two months ago.
Spectra Systems Corporation (AIM:SPSY, OTC:SCTQ) has received further amendments to existing contracts for sensors currently in use. This will generate an additional US$885,000 from high-margin revenue.
Spectra, a banknote authentication specialist, said the proposed amendment would be to provide life support to the existing sensors as they would be replaced with new sensors, with most of the revenue occurring between 2025 and 2027. said it was expected.
OKYO Pharma Ltd (LSE: OKYO, NASDAQ: OKYO), an ophthalmology-focused biotechnology company, is conducting a Phase II study to evaluate the efficacy and safety of OK-101, its dry eye disease treatment It said it has opened its first clinical trial site in the United States for the trial. .
This multicenter, randomized, double-blind, placebo-controlled trial is expected to accept its first patients within two weeks.
Vyant Bio Inc announced that on April 24, 2023, its board of directors determined that it was appropriate to voluntarily delist its securities from the Nasdaq Capital Market. The company has commenced its delisting, which is expected to take effect around May 14, 2023. Following its delisting from the Nasdaq, the company plans to file Form 15 with the SEC to suspend its reporting obligations. The company said its board of directors made the decision to pursue this strategy by continuing to pursue and investigate satisfactory strategic alternative transactions and/or executing an orderly winddown of the company, if necessary. provide resources for The company believes the delisting is another step consistent with its cash conservation plan. The company continues to consider further actions to preserve cash under its plan. After the delisting of its common stock from Nasdaq, the company expects its common stock to trade on the Pink Open Market, operated by OTC Markets Group Inc, under the symbol VYNT, starting around May 15, 2023.
Majuba Hill Copper Corp said it had arranged an unbrokered private placement to generate $1.5 million in gross proceeds. The arrangement will consist of 10 million units at 15 cents per unit, with each unit consisting of 1 common share of the company’s equity and 1 stock purchase warrant, each warrant representing additional shares at an exercise price of 40 cents. can be converted to 12 months from the date of issue. The company has the right to seek early exercise of the warrants if the price of the stock trades above his 60 cents for five consecutive days. All issued securities are subject to a hold period of four months from the date of issue.
Century Lithium Corp said it has granted a total of 1,318,000 incentive stock options to its executives, consultants and management company employees. The options will vest over three years, be exercisable at $1.03 per share, a five-day volume-weighted average price from the date of grant, and expire for five years. Options are granted under the terms of the company’s long-term incentive plan, are governed by the terms and are subject to the policies of the TSX Venture Exchange.
First Phosphate Corp has closed an oversubscribed private placement with total proceeds of $2,339,151.90. The offering was led by management, a board of directors and a chief geologist. In connection with the public offering, First Phosphate will pay a discoverer fee of $86,491.08 and issue 42,857 shares of common stock at a deemed price of $0.70 per share to be exercised at $1.25 per share through April 25, 2026 We have issued 149,654 possible finder warrants. The company also granted his 832,000 stock options to certain eligible persons with an exercise price of $0.70 per share and a term of three years from the date of issuance. Options are subject to time-based vesting with 25% vesting every six months over a two-year period.
Perk Labs Inc closed a private placement of 11,609,909 units at a price of $0.0164 per unit, with gross proceeds approaching $190,000. Each unit consists of 1 share, 1 warrant exercisable for 36 months at $0.05. The company’s directors and officers subscribed to 1,219,514 units. The company also said it has entered into a debt settlement agreement with independent creditors to settle approximately $85,900 in debt in consulting and design services provided by the creditors to the company. Perk has issued her 5,238,414 units to creditors. Finally, Perk said Gary Zhang has moved from his role as chief technology officer to an advisory role.
Revolve Renewable Power Corp will attend the 1st Annual Canadian Climate Investor Conference on June 8, 2023 at the Hyatt Regency Hotel in Toronto. The conference will bring together growth-minded public clean energy and technology companies, as well as investors interested in climate change, to share ideas and deploy the capital needed to build a more sustainable future for Canadians. Discover how to accelerate. Omar Bojorquez, President of Revolve, said: As well as hear his inspiring success stories from publicly traded Canadian energy companies, peers and industry leaders. ” REGISTER HERE: https://www.eventbrite.ca/e/canadian-climate-investor-conference-tickets-609825182537.
