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FEMTO Receives Nasdaq Delisting Determination and Plans to Appeal
Thenewswire· 2025-05-09 21:20
Core Viewpoint - Femto Technologies Inc. has received a notification from Nasdaq regarding the delisting of its securities due to significant shareholder dilution resulting from a recent private placement transaction [1][2]. Group 1: Company Actions - The company intends to appeal Nasdaq's determination to a Hearings Panel, which will stay the suspension of its securities pending the Panel's decision [3]. Group 2: Company Background - Femto Technologies Inc. is a Femtech company focused on wellness technology, emphasizing AI-driven solutions to enhance well-being [4]. - The company is known for its product Sensera, a feminine wellness device that integrates machine learning and AI to provide a holistic self-care experience [5].
Cava Healthcare Appoints Barbara Sharp As Chief Executive Officer And As A Director
Thenewswire· 2025-05-08 21:00
Vancouver, British Columbia, May 8th, 2025 – TheNewswire - CAVA Healthcare Inc, (the “Company”) is pleased to announce the appointment of Barbara Sharp as its new Chief Executive Officer (CEO), effective immediately. She has also been appointed to serve as a Director of the Company until next Annual General Meeting.Barbara brings a wealth of leadership experience across public, private, and nonprofit sectors, with a career spanning over three decades in executive management, labour relations, conflict res ...
Ocumetics Achieves Key Milestone: Laboratory Testing Confirms Accommodative Power Target was Successfully Achieved in Preparation for First-in-Human Trials
Thenewswire· 2025-05-08 13:00
Core Insights - Ocumetics Technology Corp. has achieved a significant breakthrough in the development of next-generation intraocular lens technology, demonstrating accommodative power change in laboratory testing [1][2] - The company plans to prepare for first-in-human studies scheduled for summer 2025, following successful laboratory results [2][3] Company Overview - Ocumetics Technology Corp. is a Canadian research and product development company focused on advanced vision correction solutions aimed at enhancing patients' quality of life [4] - The company is dedicated to transforming the field of ophthalmology through innovative research and development of state-of-the-art intraocular lenses and other vision-enhancing technologies [4] Technological Development - The intraocular lens developed by Ocumetics is designed to fit within the natural lens compartment of the eye, potentially eliminating the need for corrective lenses [5] - This lens allows the eye's natural muscle activity to shift focus from distance to near, providing clear vision at all distances without the assistance of glasses or contact lenses [5] Research and Development - The testing utilized Ocumetics' Lens Analyzer (IOLA) bench testing platform to simulate ciliary body pressures, confirming the lens's ability to respond dynamically [2][3] - The company continues to collaborate with leading ophthalmic researchers, engineers, and clinical advisors to advance its rigorous R&D roadmap [3]
Vanguard Mining Announces Delay In Filing Annual Financial Statements
Thenewswire· 2025-05-08 00:00
Core Viewpoint - Vanguard Mining Corp. failed to file its annual financial statements by the required deadline due to an unforeseen delay from the audit firm, which is outside the company's control [1][2]. Group 1: Financial Filings - The Annual Financial Filings for the year ended December 31, 2024, were not submitted by the April 30, 2025 deadline [1]. - The delay in filing is attributed to the audit firm's inability to complete the review, preventing the release of the audit report [2]. Group 2: Regulatory Actions - The company has received a management cease trade order from Canadian securities regulatory authorities, affecting the CEO and CFO, which prohibits them from trading the company's securities until the filings are completed [3]. - The management cease trade order will remain in effect until the Annual Financial Filings are submitted, with a target filing date around July 20, 2025 [3]. Group 3: Future Communications - Until the Annual Financial Filings are submitted, the company plans to provide information in accordance with National Policy 12-203 regarding Management Cease Trade Orders [4].
Allied Critical Metals Poised to Become Leading Tungsten Producer with Dual Projects in Portugal
Thenewswire· 2025-05-02 20:15
Company Overview - Allied Critical Metals Inc. (ACM) aims to become a leading Western supplier of tungsten, a critical mineral, with two 100% owned advanced stage brownfield projects in northern Portugal [1] - The company is positioned for near-term, low-cost production as global supply chains seek alternatives to Chinese and Russian sources [1] Borralha Tungsten Project - The Borralha Tungsten Project has a current inferred mineral resource of 7.0 million tonnes at an average grade of 0.20% WO₃ and an indicated resource of 4.98 million tonnes at 0.21% WO₃, with by-products including silver, copper, and tin [2] - Historical production at Borralha exceeded 10,000 tonnes of tungsten concentrate with an average grade of 66% WO₃ [2] - Recent drilling confirmed broad intercepts, including 106m at 0.21% WO₃ and 10m at 1.75% WO₃, with test work showing up to 70% tungsten recovery [3] Vila Verde Tungsten-Tin Project - The Vila Verde Tungsten-Tin Project has a historical inferred resource of 7.3 million tonnes, with grades of 1,347 g/t WO₃ and 961 g/t WO₃ [4] - ACM plans to construct a pilot plant and initiate production at Vila Verde by Q4 2025, with a processing capacity of 150,000 tonnes of feedstock per year, producing approximately 250 tonnes of WO₃ concentrate [5] Tungsten Market - Tungsten is classified as a critical mineral by the US and EU, essential for defense, semiconductors, electric vehicles, and advanced manufacturing [7] - Currently, over 84% of global tungsten production is concentrated in China, presenting a significant opportunity for ACM to develop a secure, Western-aligned supply chain [7] - The tungsten market is estimated to be valued at approximately $5 - $6 billion USD, used across various industries including defense, automotive, manufacturing, electronics, and energy [20] Offtake Agreements and Financing - ACM has signed a Letter of Intent for an offtake agreement with Global Tungsten & Powders and is in advanced negotiations with additional international refiners [8] - The company is focusing on non-dilutive financing to preserve shareholder value while accelerating near-term production [8]
Pangea Provides Supplemental Disclosure in Connection with Annual General Meeting of Shareholders
Thenewswire· 2025-05-02 11:30
Vancouver, British Columbia – TheNewswire - May 2, 2025 – Pangea Natural Foods Inc. (CSE: PNGA) (OTC: PNGAF) (“Pangea” or the “Company”) wishes to provide supplemental and corrective disclosure to the management information circular of the Company dated April 3, 2025 (the “Circular”) in respect of the Company’s annual general meeting of shareholders to be held on May 8, 2025 (the “Meeting”). On October 31, 2024, MNP LLP (“MNP”) resigned as auditors of the Company at the request of the Company. Effectiv ...
Rackla Metals Receives Land Use Permit for Maiden Drill Program at the Grad Property, NWT
Thenewswire· 2025-04-30 11:00
Core Viewpoint - Rackla Metals Inc. has received a Type A Land Use Permit for its Grad Project, enabling the company to advance its exploration efforts in the Tombstone Gold Belt, with a focus on the promising BiTe Zone [1][2]. Company Developments - The Grad Project is now fully permitted and funded for the 2025 exploration season, with a five-year permit that can be extended for two additional years [1]. - The CEO of Rackla expressed gratitude for the support received during the permitting process and highlighted the compelling results from initial exploration activities [2]. - Early findings include a talus-fine sample line averaging 1.06 g/t Au over 550 meters, with a core zone averaging 3.68 g/t Au over 180 meters [2]. Exploration Details - The Phase 1 drilling program will commence at the BiTe Zone, with plans for Phase 2 to include step-out drilling based on mapping and sampling results [3]. - The Grad Property is located in the eastern portion of the Tombstone Gold Belt, with mineral claims staked in July 2024 after a decade of land use planning [6]. - The 2024 exploration program included prospecting, rock, stream sediment, and talus-fine sampling, along with airborne geophysical and photogrammetry surveys [7]. Geological Insights - The Grad Property is centered on the North Nahanni Pluton, a Cretaceous-age felsic intrusion, which has shown significant alteration and mineralization potential [7][8]. - Rock sampling has returned gold grades up to 92 g/t Au, confirming the presence of Reduced Intrusion-Related Gold Systems (RIRGS) in the area [8].
Hammond Manufacturing Company Limited Announces Voting Results Of Annual General Meeting
Thenewswire· 2025-04-29 21:05
Core Points - Hammond Manufacturing Company Limited held its Annual General Meeting on April 29, 2025, in Guelph, Ontario, and announced the voting results in accordance with Toronto Exchange requirements [1] - Shareholders approved all items of business, including the appointment of KPMG LLP as outside auditors and the election of all director nominees [2] Election of Directors - Seven nominees were elected as directors until the next annual meeting or until their successors are appointed, with the following voting results: - Robert F. Hammond: 14,684,459 votes for (96.87%) [3] - Edward Sehl: 15,097,329 votes for (99.59%) [3] - Paul Quigley: 15,097,287 votes for (99.59%) [3] - Sheila Hammond: 14,649,413 votes for (96.64%) [3] - Michael Fricker: 15,097,349 votes for (99.59%) [3] - Sarah Hansen: 14,653,313 votes for (96.66%) [3] - Blaine Witt: 15,097,349 votes for (99.59%) [3] Appointment of Auditors - KPMG LLP was appointed as auditors for the fiscal year ending December 31, 2025, with the Directors authorized to fix their remuneration [4] Company Overview - Hammond Manufacturing Company Limited manufactures a wide range of products for the electronic and electrical products industry, including metallic and non-metallic enclosures, racks, small cases, outlet strips, surge suppressors, and electronic transformers [5]
Arctic Star to Defend Notice of Action
Thenewswire· 2025-04-29 13:30
Core Viewpoint - Arctic Star Exploration Corp. is facing a litigation claim filed by Robert and Sandy Shindleman, seeking damages of $600,000 plus punitive damages and costs related to a private placement conducted in 2015 [1][2][3] Group 1: Litigation Details - The litigation claim alleges that the 2015 private placement did not qualify as an eligible flow-through offering under the Income Tax Act (Canada) [2] - The company intends to vigorously defend itself against these allegations and denies any liability as claimed [3] Group 2: Company Overview - Arctic Star is primarily a diamond exploration company, having recently discovered five new kimberlites in the Lac De Gras kimberlite field, which supports two multi-billion dollar kimberlite mining complexes [4] - The company holds a 958 Ha exploration permit for its Timantti project in Kuusamo, Finland, which contains several diamond-bearing kimberlites [4]
Ground Magnetic Survey Commences at Electrum's Timok East Copper-Gold Project in Eastern Serbia
Thenewswire· 2025-04-29 06:00
Core Viewpoint - Electrum Discovery Corp. has initiated a ground magnetic survey at the Timok East Copper-Gold Project in eastern Serbia, aimed at refining exploration targets and enhancing understanding of geological systems in the area [1][2]. Project Overview - The Timok East Project encompasses three mineral permits: Bukova Glava, Luka, and Makovište, covering a total area of 123 square kilometers [1]. - The ground magnetic survey will cover 59 square kilometers across the Makovište and Luka licenses, involving 280 line kilometers of data collection [2]. Survey Objectives - The primary goal of the survey is to identify magnetic responses associated with porphyry deposit alteration and magnetite-rich zones within skarn systems [4]. - The survey will help refine the exploration strategy and drill targeting by detecting magnetic signatures of alteration and mineralization [6][7]. - It aims to delineate the shape and extent of intrusive bodies, which are critical for understanding mineralization sources [8]. Data Integration - Magnetic data will be integrated with geological, geochemical, and other geophysical data to enhance exploration targeting [10]. - The survey will also assist in mapping structural features that may influence mineralizing fluid pathways [9]. Company Background - Electrum Discovery Corp. is focused on mineral exploration and development in the Western Tethyan Belt, with two main projects covering 645 square kilometers in Serbia [12]. - The company aims to maximize the value of its mineral projects for stakeholders, including shareholders and the local community [13].