Phunware Inc (NASDAQ:PHUN) delivered revenue growth exceeding 120% in the third quarter, while simultaneously expanding the digital platform’s multiscreen-as-a-service (MaaS) backlog to nearly US$8 million.
Net revenues for the quarter ended September 30 2022 totalled $4.8 million, out of which MaaS platform revenues contributed $1.3 million, with hardware revenues of $3.5 million, according to Phunware.
East Side Games Group (TSX:EAGR, OTCQB:EAGRF) announced its financial results for the third quarter, reporting a surge in revenue driven by game releases over the past year.
The company reported revenue of C$25 million for the three months ended September 30, an increase of 32% year-over-year. Daily active users were 298,000, compared to 244,000 in the third quarter of 2021, and monthly active users were 1 million, compared to 871,000 a year earlier.
BioPorto (NASDAQ COPENHAG:BIOPOR) A/S announced it has submitted a De Novo application to the US Food and Drug Administration (FDA) of a neutrophil gelatinase-associated lipocalin (NGAL) test to help identify pediatric patients at risk of moderate to severe acute kidney injury (AKI).
Results from the in vitro diagnostics company’s recently completed GUIDANCE trial, which exceeded the company’s prespecified targets for test performance, supported the application, according to a statement from BioPorto (NASDAQ COPENHAG:BIOPOR).
Mandalay Resources Corp. (TSX:MND, OTCQB:MNDJF), the metals miner, told investors it continues to focus on controlling costs and long-term growth as it posted its third-quarter results to end-September this year.
“Mandalay delivered healthy financial results during the third quarter of 2022 as it earned $46.0 million in revenue and $19.4 million in adjusted EBITDA – a margin of 42%,” said CEO Dominic Duffy in a statement.
Revolve Renewable Power Corp said it is welcoming Sunita Prasad to the position of vice president, corporate development and investor relations.
Prasad worked in consulting and in-house capacity for public companies in various sectors in the Canadian and US markets, including 16 years of experience in corporate development and investor relations and has worked with a range of public companies.
Healixa Inc (OTC:EMOR) said its subsidiary Healixa Health Care, which is focused on healing and easing the burden of accessing healthcare through innovative technological solutions, has signed initial revenue contracts for its AdvocateCare offering.
The company said AdvocateCare uniquely combines personalized patient engagement, wellness, technology, and analytics that result in high-touch patient models enriching the patient, provider and payor relationships while including pharmacies as part of the global care management team.
Psychedelics stocks were buoyed on Thursday morning by the news that Colorado voters had approved a midterm election ballot measure that would legalize the possession and use of certain psychedelic plants and fungi.
The possession, use, cultivation and sharing of psilocybin, ibogaine, mescaline (not derived from peyote), DMT and psilocin will be legalized for adults 21 and older, without an explicit possession limit. Under the measure, the state will also create new regulations for the distribution and administration of these substances.
Renforth Resources Inc (CSE:RFR, OTCQB:RFHRF) saw shares jump 20% as it revealed visual mineralization had been encountered in trenches as its Lalonde nickel structure at its Surimeau battery metals project in Quebec.
Sampling at three trenches, which were completed this Fall, at the 9 kilometre (km) long Lalonde nickel polymetallic surface mineralization has now been completed, the firm said.
Hawkmoon Resources Corp (CSE:HM, OTCQB:HWKRF) announced that it has received assay results for five drill holes from its 2022 drill program at the Wilson Gold project in Québec, which included 2.0 metres of 8.5 grams per tonne (g/t) gold from hole HMW 22-31.
The Canadian gold projects developer said HMW 22-31 was a deep hole drilled to the southwest of HMW 21-7 and is the first significant deep gold intercept drilled to the west of the Toussaint.
Infinity Stone Ventures Corp (CSE:GEMS) announced that the drill program at its Rockstone graphite project has begun, in a corporate update released Thursday.
Thus far, the program has recovered its first core sample from the RS-22-01 drill hole, a twinned hole of the GC-12-01 discovery hole, which intercepted 25% curium over 24 meters.
Nextech AR Solutions Corp is experiencing record demand for 3D models in the fourth quarter, and it shows no sign of slowing down in 2023, the company said.
The “3D model mega trend” is gaining traction, Nextech said, and the company has recently closed new 3D modeling deals along with reorders and expanding existing contracts.
Maverix Metals Inc (TSX:MMX) shares have soared after the streaming company announced it has entered into an agreement to be acquired by Triple Flag Precious Metals (TSX:TFPM) Corp, in a US$600 million deal.
The transation positions Triple Flag as the leading emerging senior streaming and royalty company.
Tocvan Ventures Corp revealed that geological mapping and sampling at its El Picacho gold-silver property in Mexico continues at the Jabali prospect, an area with high-grade surface rock chips, and grab samples from exposed quartz-carbonate veins and artisanal workings.
According to the Calgary, Alberta-based exploration development company, 80 samples from historic sample database compilation show a range between 0.01 to 32 grams per ton (g/t) of gold, averaging 3.1 g/t gold over a 500-meter trend.
OTC Markets Group Inc announced it has finalized the acquisition of EDGAR Online (NASDAQ:EDGR), a premium supplier of real-time SEC regulatory data and financial analytics.
EDGAR Online provides disclosure documents in multiple formats, company financials, structured data sets and mission-critical insights directly to exchanges, brokerage firms, data distributors and financial portals.
American Resources Corporation (NASDAQ:AREC) said its ReElement Technologies division has been awarded a US$200,000, state-level, advanced manufacturing grant from the Indiana Economic Development Corporation for its patented critical battery element purification and separation technology being commercialized in Noblesville, Indiana.
ReElement CCO Chris Moorman said the grant is a great vote of confidence and support from the Indiana Economic Development Corporation, adding that ReElement runs a battery material production train that uses a patented, multi-mode chromatography technology at the Noblesville plant.
Great Atlantic Resources Corp (TSX-V:GR) told investors it has completed this year’s exploration program at its wholly-owned South Quarry Tungsten project in east-central Newfoundland and is awaiting lab results from rock and soil sampling.
The South Quarry property comprises seven licences over 2,950 hectares (Ha) and the fieldwork was focused on exploring for tungsten and gold mineralization at and near areas of known tungsten mineralization and tungsten soil geochemical anomalies.
Fireweed Metals Corp (TSX-V:FWZ, OTCQB:FWEDF) has announced the completion of the 7,000 metre, 2022 diamond drilling program at its flagship Macmillan Pass zinc-lead-silver project in Canada’s Yukon Territory.
The mineral exploration company said step-out drilling has successfully extended the area of known mineralization and has led to new discoveries of massive sulphide and laminated stratiform zinc mineralization at the Boundary Zone.
VolitionRx (NYSE-A:VNRX) said it will participate in a government-backed prospective study to evaluate the performance of blood biomarkers in the early detection of lung cancer with Hospices Civils de Lyon (HCL), France’s second largest university hospital.
The Lyonnaise Initiative for the Initiation of Lung Cancer Screening (ILYAD) is a wide-ranging clinical study assessing the feasibility of a lung cancer screening program and the effectiveness of screening, according to Volition.
Thunderbird Entertainment Group Inc (TSX-V:TBRD, OTCQX:THBRF) has corrected the record with regard to where its board of directors stands after an allegation that a certain member would back a hostile takeover.
Voss Capital LLC declared in a circular released Wednesday that current Thunderbird director Frank Giustra planned to vote against himself and for an entirely new board of electors nominated by Voss. Voss owns 13.3% of Thunderbird shares, and Giustra himself owns 12.8%.
Klondike Gold Corp has welcomed a first NI 43-101 resource estimate for the Lone Star and Stander deposits at its huge Klondike District project in the Yukon, which shows 469,000 ounces of indicated gold at an average grade of 0.676 grams per ton (g/t)
The total inferred resource at the two near surface deposits comes in at 112,000 ounces of gold at 0.539 g/t.
Context Therapeutics (NASDAQ:CNTX) Inc, a clinical-stage biopharma company focused on advancing medicines for cancers in women, posted results for the third quarter that revealed ample cash on hand, giving the company scope to advance its pipeline programs.
As of September 30, 2022, the Philadelphia-based women’s oncology company developing treatments for breast and gynecological cancers, had cash, equivalents, and restricted cash which totaled $39 million. Context said this is “expected to provide a runway into Q1 2024”.
Electra Battery Materials Corporation (TSX-V:ELBM, NASDAQ:ELBM) said it has progressed considerably on its strategy and each of its primary objectives during 3Q, with the Inflation Reduction Act proving to be an important tailwind for the battery materials company’s near-term prospects.
Operational highlights for the quarter ended September 30, 2022, include the signing of a three-year definitive agreement to supply 7,000 tonnes of battery-grade cobalt to electric vehicle battery manufacturer LG Energy Solution and progress toward the launch of a black mass recycling demonstration plant at its Ontario refinery complex.
Tiziana Life Sciences Ltd (NASDAQ:TLSA) said its near-term focus is on developing intranasal foralumab for inflammatory diseases of the central nervous system (CNS), including non-active secondary-progressive Multiple Sclerosis (SPMS), Alzheimer’s disease and amyotrophic lateral sclerosis.
Tiziana interim CEO Gabriele Cerrone said the biotechnology company is looking forward to leveraging the clinical and pre-clinical results from the promising formulation of intranasal foralumab generated so far in CNS-based autoimmune diseases to guide its pipeline investment.
Idaho Champion (CSE:ITKO, OTCQB:GLDRF) announced that it has begun a work program on its two 100%-owned lithium pegmatite projects in Quebec’s James Bay district.
The discovery-focused exploration company said the work program will begin with high-resolution magnetic, VLF-electromagnetic, radiometric and LiDAR/imagery surveys covering about 2,188 line-kilometres.
Westwater Resources Inc (NYSE-A:WWR) said it has made strong progress toward achieving construction milestones at its Kellyton graphite plant in Alabama during 3Q, including the receipt of long-lead equipment items and continued work on underground utilities, fire loop, foundations, and the manufacturing of plant buildings.
The company said it finished the quarter ended September 30, 2022, with a cash balance of $100.3 million and a working capital balance of $80.1 million, remaining on budget for Phase I of the Kellyton graphite plant at $202 million.
Golden Minerals Company (NYSE-A:AUMN, TSX:AUMN, ETR:7GB) reported revenue of $5.3 million from doré sales and $0.9 million in net operating margin in its third quarter, all related to gold and silver production from its Rodeo mine in Colorado.
That compares to $8.5 million in revenue and a net operating margin of $4.2 million in the three months to September 30 last year.
PyroGenesis Canada Inc. (TSX:PYR, NASDAQ:PYR) said it has successfully produced hydrogen from methane, using its patented zero carbon emission (ZCE) hydrogen production process.
PyroGenesis said its plasma-based hydrogen production process converts methane into a valuable solid carbon and hydrogen, thereby creating a ZCE hydrogen.
X1 Entertainment Group Inc. (CSE:XONE, OTC:XOEEF), the video games and media portfolio company, has announced the launch of www.ShiftRLE.gg, an all-new sports news outlet aimed at the global Rocket League fan community.
ShiftRLE.gg, created through the merger of X1’s two wholly-owned media properties, ShiftRLE and Octane.gg, is well positioned to be the leading source for Rocket League news, offering roster reports and industry rumors and hosting an extensive database of play-by-play and game-by-game statistics which allow fans to uniquely analyze the game on a deeper level, the company said.
Unigold Inc. (TSX-V:UGD, OTCQX:UGDIF) revealed that it has issued a positive feasibility study for its Candelones oxide project in the Dominican Republic, showing a low-cost starter pit with a minimal environmental footprint.
The study showed a pre-tax net present value of US$38 million, assuming a 5,000 tonnes per day (tpd) run-of-mine heap leach operation and a pre-tax internal rate of return (IRR) of 52%.
Australis Capital Inc (CSE:AUSA, OTCQB:AUSAF), doing business as Audacious, said it has now formally completed its submission to the New Jersey Cannabis Regulatory Commission (NJCRC) to convert its conditional licenses to Annual Adult Usage Cultivation and Manufacturing licenses.
Once received, the annual licenses allow Audacious to grow, manufacture, sell, purchase and distribute adult-use cannabis from its Millville facility in New Jersey.
Copper Fox Metals Inc (TSX-V:CUU, OTCQX:CPFXF). through its wholly-owned subsidiary Desert Fox Copper Inc has updated on recent activities at its 100% owned Van Dyke in-situ copper recovery project.
The Van Dyke project is in the Globe-Miami Mining District in Gila County, Arizona; a Tier 1 mining jurisdiction. The 2020 Preliminary Economic Assessment (PEA) for the project indicated an after-tax net present value of US$644.7 million, and an internal rate of return of 43.4%, based on a 17-year mine life using a US$3.15/lb copper price.
Hapbee Technologies Inc announced that it has completed a non-brokered private placement of units of the company for aggregate gross proceeds of C$1,566,632.
“This capital enables us to continue to evolve our products and to expand our market presence and manufacturing on the heels of the successful launch of our game-changing new device – The Smart Sleep Pad,” said Yona Shtern, CEO and executive chairman of Hapbee.
KULR Technology Group Inc (NYSE:KULR). has reported record revenues for the third quarter, which it described as “an inflection point” for the company.
In the quarter ended September 30, 2022, revenues came in at $1.4 million, a rise of $0.6 million on the same period last year, driven mainly by an increase in contract services and product sales revenues.
Usha Resources Ltd (TSX-V:USHA) said its technical team has mobilized and arrived onsite in preparation for the start of drilling for its near-term drill program at its Jackpot Lake lithium brine project in Nevada, USA.
Harris Exploration, the drill contractor, will mobilize shortly to begin construction of access roads and drill pads in preparation for drilling.
Seeing Machines Limited is a tech unicorn whose current share price belies this status.
That, at least, is the opinion of Cenkos, the corporate broker, which Thursday issued a ‘buy’ note and punchy price target.
Zephyr Energy PLC (AIM:ZPHR, OTCQB:ZPHRF) told investors that its borrowing base has increased as the company continues to progress its assets in America.
The company, in a statement, said its lender North Dakota-based First International Bank and Trust (FIBT) has completed a scheduled semi-annual redetermination of the company’s revolving credit facility, resulting in a 30% increase.
Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF) said it is well positioned to hit the top end of full-year targets for production, with costs being kept under control.
The West Africa-focused gold miner produced 343,000 ounces of gold at an all-in-sustaining cost (AISC) of US$960 per oz, stable compared to the preceding quarter despite the impact of the wet season.
Savannah Resources PLC (AIM:SAV, ETR:SAV, OTC:SAVNF) has appointed former McKinsey Partner and seasoned Portuguese chief executive, Diogo da Silveira, as independent non-executive director with immediate effect.
The lithium development company, which owns the Barroso project in northern Portugal, noted that da Silveira has been the CEO of several listed and private companies, a European non-executive director at several more, as well as being a management member of several Portuguese industrial associations and serving the French Embassy in Portugal as Conseiller du Commerce Exterieur.
Phoenix Copper Ltd (AIM:PXC, OTCQX:PXCLF) reported encouraging results from the first three drill holes at its Empire open pit copper project in Idaho, US.
The drilling results confirmed the continuity of mineralisation within the open pit, which appears along structures striking northeast and dipping steeply to the southeast, it said.
Touchstone Exploration Inc’s (AIM:TXP, TSX:TXP, OTC:PBEGF) third quarter results chart a company progressing its ramp-up towards an ‘inflection point’ with new, higher volume wells now closer on the horizon.
Cascadura coming online in the first quarter of 2023 is expected to be the major catalyst, from a production growth perspective, though last month’s start-up of the Coho gas operation also moves the needle – adding 1,212 boepd over the first 19 days since first production.
88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) told investors it will expand its footprint on Alaska’s North Slope after being named “highest bidder” for 10 leases in the latest Alaskan leasing round.
The leases span some 25,600 contiguous acres immediately south of Prudhoe Bay, the company said in a statement, and it is covered by a suite of 3D seismic data and historic well data that the company has access to.
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL)’s revenues rose by 21% in the latest quarter as production from its Blanket gold mine hit another new record.
The Zimbabwe-focused miner said production this year is on course to hit the top end of its 73,000-80,000oz guidance after output rose 11% to 21,200oz in the three months to end-September.
Rainbow Rare Earths Ltd (LSE:RBW, OTC:RBWRF) said it allotted 2.0mln new shares at 5.28p per share to the Australian Special Opportunity Fund LP after the fund exercised its final tranche of share options in the rare earths group.
Dealings in the new shares are expected to start on 14 November on the London Stock Exchange’s main market.
Kromek Group PLC (AIM:KMK) said it has received and delivered a contract worth US$1.3mln from a US customer for its D3M wearable radiation detector.
The company also forecast 45% revenue growth for the first half of its current financial year.
Elixir Energy Ltd (ASX:EXR) has booked an initial contingent resource for its 100%-owned asset in Queensland, Australia, newly named the Grandis Gas Project – formerly ATP 2044.
Booked initial contingent resources (2C) are in the order of 395 billion standard cubic feet (BCF) of gas, in addition to its gas resources in Mongolia.
Tempus Resources Ltd (ASX:TMR, TSX-V:TMRR) has hit bonanza-grade gold up to 87 g/t over 2.11 metres from 135.67 metres in its first hole into No. 9 Vein at the Elizabeth Gold Project in British Columbia, Canada.
This also included a sub-section grading 184.9 g/t gold over 0.70 metres from 136.79 metres, further enhancing the interval.
Givex Information Technology Group Limited (TSX:GIVX, OTCQX:GIVXF) said intends to file this week articles of continuance to continue the company out of the Province of British Columbia and into the Province of Ontario and change its name from to Givex Corp. The continuance and name change was overwhelmingly approved by the with an approval rate of 98.3% of the votes cast. There will be no change in the ticker symbol of the company.
Silver Bullet Mines Corp. (TSX-V:SBMI, OTC:SBMCF) has received a cease trade order issued by the Ontario Securities Commission on Nov. 8, 2022, for failing to file its audited annual financial statements and related information for the period ended June 30, 2022. The company’s shares will remain suspended until it meets TSX Venture Exchange requirements. Members are prohibited from trading in the securities of the company during the period of the suspension or until further notice.
Victory Resources Corp (CSE:VR, OTC:VRCFF) said it has closed its previously announced non-brokered private placement. The company accepted subscriptions for 7,825,000 units at a price of $0.022 per unit, for gross proceeds of $172,150. Each unit consists of one common share and one warrant exercisable for 2 years at $0.05, subject to the right of the company to accelerate the expiry of the warrants if the stock trades at $0.10 for a period of 10 days. Securities issued on this closing will be subject to a statutory hold period until March 8, 2023. Proceeds will be used for working capital and continued exploration of its properties.
BioVaxys Technology Corp. (CSE:BIOV, OTCQB:BVAXF) said it has completed a non-brokered private placement consisting of 4,050,000 units at a price of $0.10 per unit for total gross proceeds of $405,000. Each unit consists of one common share and one whole warrant exercisable for one share at an exercise price of $0.20 for a period of 48 months. The company also announced that it has settled an aggregate of $150,000 in debt through the issuance of common shares issued at a deemed price of $0.20 per common share.
Vyant Bio (NASDAQ:VYNT) announced that it will be participating at Neuroscience 2022, the 52nd Annual Gathering of the Society for Neuroscience, on November 12th-16th at the San Diego Convention Center. Vyant Bio’s team will deliver two platform presentations in the Rett Syndrome Symposium presenting the identification of a repurposed drug which will be progressed into a patient trial in 2023 to demonstrate its clinical proof of concept for Rett syndrome with a differentiated mechanism of action from the most advanced Rett syndrome clinical candidates. In addition, the Company will present a poster on the discovery of novel targets and therapeutic candidates for CDKL5 deficiency disorder (CDD) in the Stem Cell Models for Neurodevelopmental Disorders session. CDD is one of the most common forms of genetic epilepsy. Full details available here: https://ir.vyantbio.com/news-events/press-releases/detail/1313/vyant-bio-to-participate-at-neuroscience-2022-the-52nd.
Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it will report its fiscal 2023 second quarter for the period ended October 31, 2022 results after the market closes on Wednesday, December 14, 2022.
Lodestar Battery Metals Corp announce that it has changed its name from “Silverton Metals Corp (TSX-V:SVTN, OTCQB:SVTNF).” to “Lodestar Battery Metals Corp.” The company’s common shares will commence trading on the TSX Venture Exchange under its new stock symbol “LSTR” effective November 14, 2022. Additionally, Lodestar has engaged IR Labs Inc to develop and manage a comprehensive investor relations and corporate communications program, as well as support strategic capital markets advisory services.
RespireRx Pharmaceuticals (OTCQB:RSPI) announced that Jeff Margolis, CFO, is presenting a summary and update about the company at the Investor Summit Q4 sponsored by the Investor Summit Group, in person, on November 14, 2022 from 2:00-2:30pm EST at the Sheraton Times Square, New York, NY. Margolis will be available for in-person one-on-one meetings at the conference location on November 14, 2022. The conference continues on November 15, exclusively virtually and Mr. Margolis will be available for virtual one-on-one meetings that day as well. The public group presentation link is: https://us06web.zoom.us/webinar/register/WN_EI0AHyutSsWzh0vg2LSNJA.
T Stamp Inc (NASDAQ:IDAI, EURONEXT:AIID)(“Trust Stamp”) announced that Josh Allen, EVP Corporate Finance of Trust Stamp, will be presenting at the Q4 Investor Summit, hosted by the Investor Summit Group, being held on November 14th & 15th at the Sheraton Times Square. Allen will present on November 14 at 2:30 PM ET. A Webcast link is available here: https://us06web.zoom.us/webinar/register/WN_3zPjbE0VReKFQTulHUTTsw.
FSD Pharma Inc (CSE:HUGE, NASDAQ:HUGE) announced that the claim for US$30.2 million brought by the company’s former CEO, Dr. Raza Bokhari, was dismissed yesterday, November 9, 2022. Dr. Bokhari had claimed that he had been wrongfully dismissed. The arbitrator hearing the claim dismissed it in its entirety. The arbitrator also ordered Dr. Bokhari to repay certain monies to FSD Pharma, while also holding Dr. Bokhari responsible for FSD Pharma’s costs of the arbitration. “The outcome of the arbitration represents a full vindication of the actions of the current management and board of directors of FSD Pharma with respect to Dr. Bokhari, prior to, during and subsequent to the 2021 proxy battle. We are happy to report to our shareholders that this claim has been resolved fully in our favour,” said Zeeshan Saeed, Founder, President & Executive Co-Chairman of FSD. Interim CEO Anthony Durkacz added: “We have always believed that Dr. Bokhari’s claims against the Company were without merit. We are pleased to hear that the tribunal has now dealt with the claims. We are looking forward to putting this behind us and focusing our efforts on advancing our drug candidates and creating value for our shareholders.”
BioLargo Inc (OTCQB:BLGO) announced it will host an investor webcast and conference call on Wednesday, November 16, 2022, at 2:00 pm Pacific / 5:00 pm Eastern to review the company’s financial results for the three and nine months ended September 30, 2022, discuss recent milestones, and conduct a question-and-answer session. To listen to a live broadcast, go to the site linked below at least 15 minutes prior to the scheduled start time to register and download any necessary audio/video software. To participate in the live webcast and teleconference, use the following details: Webcast Link: https://www.webcaster4.com/Webcast/Page/2448/47095; Teleconference Domestic: 973-528-0011; International: 888-506-0062; Participant Access Code: 796301.
Todos Medical Ltd. (OTCQB:TOMDF) announced that it has terminated the Tollovid products license and distribution agreement it had with T-Cell Protect Hellas S.A. T-Cell Protect has acknowledged the termination and has agreed to remove Todos Medical’s name and logo from its marketing materials, and will remove any reference to Dr. Dorit Arad’s work being associated with T-Cell Protect Hellas S.A. products.
Magna Mining Inc (TSX-V:NICU) announced that it has granted a total of 3,685,000 stock options to purchase common shares of the company to certain directors, officers, employees and consultants pursuant to the company’s stock option plan. Such options are exercisable into common shares of the company at an exercise price of $0.47 per common share for a period of three years from the date of grant. The options issued to independent directors vest immediately, while all other options vest 1/3 immediately and 1/3 annually thereafter. All of the options expire on November 10, 2027. In addition, the company has issued a total of 510,000 restricted share units to certain directors, officers and employees of the company in accordance with the company’s restricted share unit plan. The RSUs will fully vest on the date that is three year from the date of grant. Once vested, each RSU represents the right to receive one common share of the company or the equivalent cash value thereof, at the company’s discretion.