Ximen Mining Corp (CVE:XIM) told shareholders Wednesday that it continues to advance its Kenville gold project, with an aim to kick off its diamond drill program at the historic mine in British Columbia. The Vancouver-based company has been busy with government meetings, environmental work and site preparation. The firm noted the focus lies on updating the permits for underground operations, which will allow Ximen to start building an exploration decline at the mine and begin the planned diamond drill program.
Globex Mining Enterprises Inc (TSE:GMX) (OTCMKTS:GLBXF) and Chibougamau Independent Mines Inc (CVE:CBG) updated Wednesday on drilling at the Bateman Bay, C-3 copper/gold property in Quebec, where it has found more copper and gold grades. The C-3 copper and gold property is part of Chibougamau's wholly owned Bateman Bay property, and the results along with drilling to date show the zone is open in various directions.
Antibe Therapeutics Inc (CVE:ATE) (OTCMKTS:ATBPF) confirmed Wednesday the number of units it plans to issue in relation to its recently announced marketed offering in a final short form prospectus. The group said the offering will be for a minimum of 23,333,333 units and up to a maximum of 26,833,333 units to raise minimum gross proceeds of $7,000,000 and maximum gross proceeds of $8,050,000. As announced on July 23, Antibe confirmed that each unit will be offered at a price of $0.30 each and will be comprised of one common share of the company and one-half of one common share purchase warrant. The offering is expected to close on or about August 13.
The Flowr Corporation (CVE:FLWR) (OTC:FLWPF) announced Wednesday that it will release its second quarter 2019 results after the close of the financial markets on Thursday, August 15, 2019, which will be followed by a conference call and webcast to review the results at 5:30 pm Eastern Time.
Analysts at ROBO Global are bullish on the growth prospects for Qiagen NV (NYSE:QGEN) which is launching new platform technologies to meet the needs of molecular biology labs and life science companies. The Netherlands-based company currently has over 500,000 customers and its products are used in almost every molecular biology lab in the world.
Braingrid Ltd (CSE:BGRD) is keen to get the message out to growers and agriculturalists that its new focus on cultivation analytics means it can offer a service to clients other monitoring firms simply can't provide. Toronto-listed Braingrid has developed a sensor platform called 'Sentroller' so that customers, predominately using greenhouses, can remotely monitor their crops and their surrounding environment, be it cannabis or other precision crops like fruit and vegetables, around the clock.
Information Services Corp (TSE:ISV), which provides registry and information management services for public data records, reported a solid set of second quarter results Wednesday, which showed increased revenue and net income, compared to the same period a year earlier. The tech firm noted that revenue at its services division - which provides solutions for public record data, customer authentication, and corporate legal services - rose by 20% compared to the second quarter of 2018.
Nemaura Medical Inc (NASDAQ:NMRD) has launched shipments of its SugarBEAT continuous glucose monitors to patients in the United Kingdom, the company announced Wednesday. The wave of shipments are the company’s first foray into the European market after receiving its CE mark, an EU seal of approval, in May. The SugarBEAT works by testing patients’ blood glucose levels using a sensor on the skin, rather than using a needle to puncture the skin and draw a sample.
WeedMD Inc (CVE:WMD) (OTCQX:WDDMF), a medical-grade cannabis producer, has reported record second-quarter revenue, which more than doubled year-on-year, in a release ahead off its full interim financial results for the quarter due on August 29. The company reported revenue of $8 million from its medical, adult-use and wholesale markets, 140% greater than the year before.
Bragg Gaming Group (CVE:BRAG) (OTCMKTS:BRGGF) announced Wednesday that one of its executives has been recognized with a “Leader Under 40” award. Benny Bonsu, who heads up the GiveMeSport Women division of Bragg’s GiveMeSport subsidiary, has been elected to the Leaders Under 40 Awards Class of 2019.
Auryn Resources Inc (TSE:AUG) (NYSE:AUG) is expanding its land package in Peru with the acquisition of two new concessions adjacent to the company’s Curibaya property. The Sambalay and Salvador concessions are located next to Curibaya in the southern part of the country, 53 kilometres north of the provincial capital of Tacna and accessible by road.
Pure Gold Mining Inc (TSX.V:PGM) (LSE:PUR) (OTCMKTS:LRTNF) has pressed go on the construction of its exciting Madsen Red Lake gold mine in Ontario after it told investors Wednesday that it had closed a US$90 million financing package with Sprott Resource Lending Corp. The financing closure means the Madsen project is now fully funded and construction can begin, with first gold is expected in late 2020.
Metalla Royalty & Streaming Ltd (CVE:MTA) (OTCMKTS:MTAFF) is getting in on St Barbara Ltd’s Fifteen Mile Stream project, with the company spending C$2 million on a 3% net smelter return (NSR) royalty for the Nova Scotia gold mining project. The payment, to a third party, will be divided into $500,000 up front and another $1.5 million once the royalty payer exercises its buy-back right to purchase two thirds of the royalty for a period of five years.
Berkwood Resources Ltd (CVE:BKR) told investors it had acquired new ground in Quebec to bolster its previously announced potential hub-and-spoke graphite mining feed model. The theory is that multiple near-surface deposits could potentially feed any future, centrally located processing facility at the Lac Gueret South project. The six new blocks consist of 58 claims covering 3,116 hectares and the vendors are 1215616 BC Ltd, a firm held by Contigo Resources Ltd and Graeme Sewell.
The Green Organic Dutchman Holdings Ltd (TSE:TGOD) (OTCMKTS:TGODF) said Wednesday that it has submitted an application to list its shares on the tech-laden US Nasdaq market. The organic medical cannabis company’s shares will continue to trade on Toronto's TSX Exchange under “TGOD,” which is also the reserved symbol for the Nasdaq application. Green Organic Dutchman CEO Brian Athaide said: "This is an important step in the growth of TGOD, one that will broaden our investor base and increase access for international investors as we build the leading global organic cannabis brand.”
Acasti Pharma Inc. (NASDAQ:ACST) (CVE:ACST), a biopharmaceutical innovator focused on the research, development and commercialization of its prescription drug candidate CaPre (omega-3 phospholipid) for the treatment of severe hypertriglyceridemia (HTG), today announced that it will host a conference call at 1:00 PM Eastern Time on Wednesday, August 14, 2019 to discuss its financial results for the first quarter ended June 30, 2019, as well as the company’s corporate progress and other developments.
VolitionRx Limited (NYSE American: VNRX) today announced it will host a conference call on Tuesday, August 13 at 8:30 a.m. Eastern time to discuss its financial and operating results for the second quarter of 2019 in addition to providing a business update.
Great Panther Mining Ltd. said on Tuesday that it will list an additional 23 million shares on Toronto Stock Exchange at the open on Thursday August 8, 2019. According to the TSX, the listing will cover shares to be issued at 75 U.S. cents per share, under the terms of a prospectus supplement dated August. 2.
New Pacific Metals Corp (CVE:NUAG) (OTCQX:NUPMF) unveiled assay results Tuesday, reporting "wide intervals of silver mineralization" from 32 drill holes at its wholly-owned flagship Silver Sand project located in the Potosí Department of Bolivia. The firm's 2019 drill program kicked off in April, and there are currently three drill rigs on site, with the program expected to continue throughout the rest of the year.
Gold Resource Corporation (NYSEAMERICAN:GORO) announced promising results on Tuesday as it reported on its 2Q fiscal results, showing 9,559 ounces of gold and 467,484 ounces of silver, generating US$29.4 million in revenue for the quarter. The firm reported US$1.8 million, or US$0.03 per share, in net income for the quarter.
Valens GroWorks Corp (CVE:VGW) (OTCMKTS:MYMSF) announced on Tuesday that it has boosted its footprint, opening new offices in Toronto, as it pushes forward its geographic expansion. The firm said opening offices in downtown Toronto is a "key next step" in the evolution of Valens.
Bonterra Resources Inc (CVE:BTR) (OTCMKTS:BONXF) announced Tuesday that it is boosting its previously announced financing to C$32 million to fund ongoing exploration at the company’s Quebec gold projects. The offering is backed by Sprott Capital Partners as lead agent in the financing.