Alkaline Fuel Cell Power Corp announced its plans to change its name to Cleantech Power Corp.
In a statement, CEO Frank Carnevale told investors that the move is more consistent with its messaging.
Transition Metals Corp (TSX-V:XTM) said it has detected a large off-hole conductive target using a borehole electromagnetic (BHEM) survey at its Maude Lake nickel-copper-cobalt property near Schreiber, Ontario.
The company’s shares moved higher following the announcement, up 6.7% at C$0.08 on Monday afternoon.
Regency Silver Corp has announced drill results from a pair of follow-up holes at its Dios Padre property in Mexico.
The follow-up drill program, which began in January, intersects wide zones of gold and copper mineralization, the company said.
China Dongsheng International Inc (CDSG) said its subsidiary Titan Lithium has received positive soil geochemical sample results from additional sampling of its Titan 2 lithium project in Tanzania.
The soil sample results delineate a continuous zone that covers more than half of the grid zone, which covers about 30% of the total project area, and averages 1.11% Li2O (4,486 parts per million (ppm) lithium), the company said.
MySize Inc (NASDAQ:MYSZ) said that Italian luxury menswear brand Canali has launched the Naiz Fit sizing solution, which acts as a digital tailor, across its 32 European eCommerce stores.
Naiz Fit’s proprietary artificial intelligence (AI) and computer vision capabilities gather more than 20 body measurements from photos, according to MySize.
Eric Zurrin’s six-year stint as chief executive with Shanta Gold Limited (AIM:SHG, OTC:SAAGF) was a “transformative period” for the AIM-listed gold miner.
That is according to house broker Liberum, recalling how Zurrin brought the Singida gold mine in Tanzania online, as well as “adding huge growth potential” with West Kenya.
VanadiumCorp Resource Inc (TSX-V:VRB) announced a non-brokered private placement financing to raise up to C$1.5 million.
The company said proceeds of the offering will be used for metallurgical test work for its Lac Doré vanadium-titanium-iron deposit and the procurement of equipment for its production test facility for high-quality vanadium electrolyte for use in vanadium redox flow batteries (VRFB).
Tantalex Lithium Resources (CSE:TTX) Corp revealed that it has struck a loan agreement with a director of the corporation through which it will receive an amount of $2 million loan.
The Toronto-based corporation said it will receive the loan two tranches with $500,000 due by April 24, 2023, and the balance of $1,500,000 by May 1, 2023.
Royal Helium Ltd (TSX-V:RHC, OTCQB:RHCCF) announced that it has taken the first C$5 million drawdown from its C$17.5 million debt facility.
The facility was provided by Canadian Western Bank (TSX:CWB) (CWB) and the Business Development Bank of Canada (BDC). Based on the binding letter agreements, final indenture agreements have been signed by all counter parties and the staged commitments towards the Steveville plant have begun, the company said.
Sidus Space Inc (NASDAQ:SIDU) announced it has signed a memorandum of understanding (MOU) with SkyServe, allowing it to provide its customers with real-time onboard analytics.
SkyServe is an in-space edge computing solutions provider that offers satellite-based insights through its Insights-as-a-Service platform, Sidus said.
Burcon NutraScience Corp (TSX:BU) is part of a bid to acquire the assets of Merit Functional Foods, the company announced.
An unnamed industry participant in association with Burcon has submitted a bid to acquire the assets, including a facility that the parties intend to restart and return to profitability.
Shanta Gold Limited (AIM:SHG, OTC:SAAGF) is ready to make a change and build on the progress overseen by Eric Zurrin, who will step down as chief executive and leaving the company in the coming months.
Zurrin today revealed he will be leaving the AIM-quoted gold miner at the end of the third quarter sealing more than six years at the company, which has been transformed during his tenure.
ACME Lithium Inc. (CSE:ACME, OTCQB:ACLHF) told investors drilling of its Dissolved Mineral Resource Exploration (DMRE) test well TW-1 has started as part of the Phase 2 expanded characterization drill program at its Clayton Valley lithium brine project in Nevada.
Under Harris-Earth Drilling, ACME said TW-1 will target the lower gravel unit which extends from approximately 1,250 to 1,820 feet below ground surface (bgs). It also plans a pumping test from TW-1 to further characterize the hydrogeology and chemistry of the lithium-enriched lower gravel unit aquifer.
Renforth Resources Inc (CSE:RFR, OTCQB:RFHRF) has provided an update on its lithium exploration program at its Surimeau project in Québec, noting that it has sampled pegmatite with elevated rare earth elements.
The company said its geologists spent one day in mid-February on a prospecting effort in the powerline cut corridor at Surimeau, where they obtained two samples, one consisting entirely of pegmatite and one of a mix of pegmatite and granite.
Argentina Lithium & Energy Corp (TSX-V:LIT, OTCQB:PNXLF) said lithium brine tests at its Rincon West Project in Argentina continue to show positive results with one 178-meter (m) section revealing 241 to 340 milligrams per litre (mg/l) lithium.
The company noted, however, that no sample was collected from 30m of this interval, which is from the seventh diamond drill hole of the current program.
Nano One Materials Corp (TSX:NANO, OTC:NNOMF) has updated investors on its plans for commercializing its lithium iron phosphate (LFP), nickel-rich (NMC), and manganese-rich (LNMO) cathode active materials (CAM), including plans for piloting and commercialization.
In a statement, Nano One CEO Dan Blondal commented: “Cathode materials are the most expensive and strategically important part of the battery because of the critical mineral and raw material inputs, and the related processes to combine them. We must develop and commercialize new processes to become masters of our own supply chains and to avoid the pitfalls of entrenched and outdated processes in use today.
Shore Capital has reiterated its buy recommendation on accesso Technology Group PLC (AIM:ACSO, OTC:LOQPF) shares following the company’s announcement of its $10 million acquisition of Paradocs Mountain Software, a provider of ski industry solutions.
According to Shore’s analysts, the deal bolsters accesso’s growing presence in the ski sector and brings 50 additional ski resorts into its portfolio, totalling 153 across North America.
Supermarket Income REIT PLC (LSE:SUPR, OTC:SUPIF) said it has acquired a Tesco omnichannel supermarket in Worcester for a total purchase price of £38.3mln (excluding acquisition costs), reflecting a net initial yield of 6.0%.
The site has been operating at the 6.5-acre site for over 30 years and comprises a 47,297 square foot net sales area supermarket, a petrol filling station and 515 car parking spaces.
Adriatic Metals PLC (LSE:ADT1, ASX:ADT, OTCQX:ADMLF), has announced the publication of its inaugural Sustainability Report titled ‘Laying the Foundations’.
The report illustrates the fully-funded development and exploration company’s commitment to community engagement, social and environmental performance, and its vision for the future as a sustainable, multi-asset metals producer.
CleanTech Lithium PLC (AIM:CTL, OTCQB:CTLHF) has issued a further clarification as to how the company might be affected by Chile’s recently announced National Lithium Strategy.
President Boric formally presented the strategy in Antofagasta on Friday 21 April, and discussions with government officials since the announcement have indicated that CleanTech’s assets will not require majority state participation.
Thor Energy PLC (AIM:THR, OTCQB:THORF, ASX:THR) has released assay results from work conducted on its Wedding Bell and Radium Mountain uranium and vanadium projects in the Uravan Mineral Belt, Colorado, USA.
The assay results validate downhole gamma readings for uranium, as well as confirming broader vanadium mineralisation.
Touchstone Exploration Inc (AIM:TXP, TSX:TXP, OTC:PBEGF) chief executive Paul Baay described himself as still encouraged, despite an initially disappointing result from one of the Royston-1X well’s test sections.
The company, in a statement, noted that a test of the deepest and least productive section of the well had confirmed the presence of light crude oil at non-commercial rates.
Jubilee Metals Group PLC (AIM:JLP, JSE:JBL, OTC:JUBPF) has revealed that its South African operations and Zambian projects performed well in the quarter ended 31 March 2023.
The diversified metals processing company said it sold 11,437 platinum group metals (PGM) ounces (oz) in the period, which includes 9,019 PGM oz from its own operations and an additional 2,418 PGM oz through the sale of stock under its joint venture partnership agreement. The company also produced 310,721 tonnes of chrome, which is on track to reach its full-year guidance.
accesso Technology Group PLC said it is acquiring Paradocs Mountain Software, a Canada-based ski software solutions provider, for a total of $10mln, comprising $9mln in cash and $1mln in stock.
The purchase will expand accesso’s global customer base, adding 50 ski resorts and extending its leading position in the ski market, investors were told.
Coffee with Samso Episode 173 is all about boron as tin-boron rich zones are identified at Mount Lindsay. The recent release by Venture Minerals Limited (ASX:VMS, OTC:VTMLF) is adding more confidence to the Mount Lindsay project. Knowing that more tin could be realised via the association of boron now makes Mount Lindsay a solid project.
Extensive Tin-Boron Rich Zones Identified at Mount Lindsay
Golden Rim Resources Ltd (ASX:GMR, OTC:GMRMF) has intersected 17 metres at 1.3 g/t gold in the very first hole of a maiden reverse circulation (RC) drill program at Sounkou Prospect within the flagship Kada Gold Project in Guinea.
Notably, the new result provides a ‘prime target’ for the company as it seeks to expand its 930,000-ounce resource at the Kada Project.
Lithium Power International Ltd (ASX:LPI) welcomes Chile’s long-awaited new National Lithium Policy (NLP), which it says largely reflects discussions held with the country’s various authorities and private institutions.
Chilean President Gabriel Boric outlined last Thursday plans for the future implementation of lithium exploration and exploitation policies for Chile that are intended to bring the country back to the forefront of global lithium production.
Zoglo’s Food Corp said has entered into a loan agreement with Henry Ender with respect to a loan for a principal amount of up to $600,000, as evidenced by a promissory note. The loan is repayable in full on February 10, 2024, and will bear interest at a rate of 6% per annum. Interest is payable on the maturity date. In certain circumstances, the loan is convertible, at the discretion of the lender, into common shares of the company at an exercise price of the greater of 10 cents and the lowest price permitted under the policies of the Canadian Securities Exchange. As security for the payment of the company’s obligations and fulfilment and satisfaction of all covenants and agreements made under the loan agreement, the company has, concurrently with the loan agreement, entered into a general security agreement with the lender under which the company granted the lender a security interest in all personal property of the company. The proceeds of the loan will be used by the company for working capital and general corporate purposes. No finders’ fees were issued in connection with the loan. The lender is a director of the company.
Electric Royalties Ltd said it has elected to draw down C$500,000 under the C$5,000,000 convertible credit facility with Gleason & Sons LLC, which is controlled by a significant shareholder of the company. The loan has a term of 3 years and bears interest at a floating rate (Secured Overnight Financing Rate + 7%), with a maximum interest rate of 12.5%, with interest payments capitalized into the principal amount and due at the end of the loan term. The funds will be used for the acquisition of the Kenbridge nickel royalty.
Lobe Sciences Ltd has provided an update on its acquisition of the Vitamind Brand and intellectual property under an asset purchase agreement dated April 30, 2021, for which it issued 2,916,668 common shares. The agreement specified performance milestones that the company must achieve in order for it to release the 2,916,668 consideration shares. The company met the first and second milestones on closing of the agreement. It met the third milestone on May 13, 2021 when the company entered into an exclusive two-year White Label Supply Agreement with GCO Packaging and Manufacturing Inc expiring on May 13, 2023. There is a two-year renewal option which the company does not expect to exercise. The fourth milestone has not been met and the 729,167 shares remain in escrow. Management has focused the company resources on the development of its intellectual property related to L-130 and L-131 and the recently announced Altemia acquisition. The company said it does not expect that the final milestone will be met.
Royal Helium Ltd has said it proposes to issue an aggregate of 1,069,383 common shares in the company for services rendered The company proposes to issue 297,794 common chares at a deemed issue price of $0.34 to David Young who has provided the company with capital markets, financial modeling and forecasting services. The company also proposes to issue 459,080 common shares at a deemed issue price of $0.33 to Eight Capital, which acted as exclusive financial advisor to the special committee formed by the board of directors of Imperial Helium Corp. And it also proposes to issue 312,509 common shares at a deemed issue price of $0.3615895 to AGORA Internet Relations Corp.
Givex Corp has announced the results of its annual and special meeting of shareholders held on April 21, 2023, with a majority voting in accordance with management recommendations. Among the recommendations, the following six nominees of management, namely, Don Gray, Jim Woodside, Robert Munro, Miles Evans, Michael Carr and Divya Kulkarni were elected as directors of the corporation by a majority of the votes cast by shareholders present and voting by ballot or represented by proxy at the meeting. And KPMG LLP was appointed as auditors of the corporation by a majority of the votes cast by shareholders present and voting by ballot or represented by proxy at the meeting.
OTC Markets Group Inc, the operator of regulated markets for 12,000 US and international securities, has announced that Consolidated Uranium Inc, a uranium exploration and mining company, has qualified to trade on the OTCQX Best Marke and has today upgraded from the OTCQB Venture Market under the symbol CURUF.
MustGrow Biologics Corp has announced that it will be hosting an investor webcast on Wednesday, April 26, 2023, at 4.00pm ET. MustGrow’s management team will be presenting on recent corporate progress, biological industry developments, and upcoming catalysts. The presentation will be followed by an audience Q&A session. Questions can be emailed to firstname.lastname@example.org to be addressed during the Q&A portion of the webcast. Live Webcast regitration link: https://us02web.zoom.us/webinar/register/6316818442610/WN_Xn4wiWYTRYOdA841PT0rQg#/registration
First Mining Gold Corp said it has sold certain mining claims in Manitoba to Grid Metals Corp for total consideration comprised of C$300,000 in cash, 250,000 common shares of Grid Metals, a future contingent payment of C$350,000 and a 2.0% NSR royalty on the Eagle Claims. “This transaction continues to demonstrate value in the First Mining asset portfolio,” said Dan Wilton, CEO of First Mining. “We acquired these claims as part of the Duparquet transaction last September and deemed these claims non-core. The team at Grid Metals has demonstrated potential for battery metals in the district and First Mining is excited to become shareholders in this emerging growth sector while retaining upside with a future payment and an NSR royalty.”
BioLargo Inc announced its participation at the upcoming Sequire Investor Summit. This event is scheduled for April 24-26, 2023 at La Concha Resort in San Juan, Puerto Rico. BioLargo’s presentation will take place at 11:30 AM Eastern on April 25, 2023. “We look forward to sharing the plans for our newly acquired sodium sulfur battery technology with conference attendees,” BioLargo CEO Dennis Calvert said in a statement. “Our revenues grew by over 130% in 2022, and we intend to capitalize on this momentum in 2023 with the launch of key technologies and expanded sales of our partner-led pet odor control product Pooph,” he added. For more information about the Sequire Investor Summit, including registration details, please visit the official event website at https://puertorico.srax.com/.
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