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QNB announces CSE conditional approval
Thenewswire· 2025-09-04 11:00
Core Viewpoint - QNB Metals Inc. has received conditional approval for its Form 2A Listing Statement from the Canadian Securities Exchange, marking a significant step in the reverse takeover by ReSolve Energy Inc. [1] Group 1: Company Developments - The reverse takeover involves a $2.5 million concurrent equity financing, which is nearing completion and is a condition for the restart of trading [1] - The Canadian Securities Exchange has approved the fundamental change for QNB Metals Inc., which will be renamed ReSolve Energy Inc. upon completion of the transaction [1][2] Group 2: Business Focus - QNB Metals is engaged in the exploration of natural or white hydrogen in Ontario and Quebec, utilizing advanced detection technology on promising claims [3] - ReSolve is focused on developing and commercializing advanced biofuel and renewable energy technologies, including a proprietary acid hydrolysis platform for converting residual biomass into renewable energy products [4] Group 3: Assets and Projects - QNB Metals holds the Kingsville Salt Reservoir Project in Nova Scotia [3] - ReSolve owns a patent-pending intellectual property portfolio related to hydrogen detection and extraction methods, along with 119 mineral exploration claims covering 6,613 hectares in Québec [4]
Plaid Technologies Provides Clarifying Disclosure
Thenewswire· 2025-09-03 21:35
Core Viewpoint - Plaid Technologies Inc. is clarifying its previous disclosures regarding its graphite/graphene technology, intellectual property, and supply plans following a review by the British Columbia Securities Commission [1] Technology and Supply Plan - The company anticipates that its current graphene inventory will sustain operations for approximately the next 18 months based on current usage forecasts [2] - As the inventory approaches depletion, the company will consider either purchasing additional graphene from the market or producing more graphene using its Expanded Graphite Technology and Graphene Conversion Technology [2] Patent Application Transfer Risks - The original patent applicant, Attimar, sold its patent application to Future Investments Holding OU (FIHO), which then sold it to the company. A promissory note issued by FIHO to Attimar remains outstanding, posing a risk that Attimar may not transfer the patent application unless the note is fully paid [3] - If the patent application is not transferred, the company will rely on its existing graphene inventory and Graphene Conversion Technology or market purchases, potentially affecting the timing, cost, and availability of future graphene supply [4] Company Overview - The company focuses on developing and commercializing graphene-enhanced concrete technology, refining proprietary technology for uniform graphene dispersion in cement, and advancing a patent application related to expanded graphite production for industrial use [5]
DeepMarkit Evaluating Implementation of Approved Share Consolidation to Support Strategic Growth Initiatives
Thenewswire· 2025-09-03 21:10
Core Viewpoint - DeepMarkit Corp. is evaluating the implementation of a previously approved two-for-one share consolidation to enhance its investment profile and support growth initiatives in innovative sectors [1][2]. Group 1: Share Consolidation - The share consolidation was approved by shareholders at the Annual General Meeting on March 31, 2025, and shareholders will receive one post-consolidation share for every two existing shares [1][2]. - The consolidation may occur at any time before March 31, 2026, and is subject to TSX Venture Exchange approval and the discretion of the Board of Directors [2]. Group 2: Growth Opportunities - The company is exploring various emerging opportunities in high-growth sectors to build on its existing capabilities and enhance long-term shareholder value [2]. - CEO Steve Vanry emphasized that the consolidation could improve the company's attractiveness to potential partners and investors as it pursues strategic growth avenues [2][5]. Group 3: Company Overview - DeepMarkit Corp. is a Canadian technology company focused on blockchain, artificial intelligence, and tokenization, with initiatives in the crypto ecosystem and decentralized networks [3]. - The company operates through DeepMarkit Digital Corp. and DeepMarkit AI Corp., focusing on blockchain infrastructure, decentralized AI platforms, and token-based incentives [3].
Element79 Gold Corp. Announces Filing of NI 43-101 Technical Report for Gold Mountain Project, Nevada
Thenewswire· 2025-09-03 20:40
Core Insights - Element79 Gold Corp. has filed an independent NI 43-101 Technical Report for its Gold Mountain Project in Nevada, marking a significant milestone for the company [1][3] - The Gold Mountain Project is located in a historically productive mining district, covering 702 acres with 34 unpatented lode mining claims [2][3] Project Overview - The Gold Mountain Project is situated 13 km southwest of Battle Mountain, Nevada, near major operations like Nevada Gold Mines' Phoenix-Fortitude mine complex and SSR Mining's Marigold mine [2] - The project is within a Tier 1 mining jurisdiction, attracting substantial institutional investment [2] Technical Highlights - Historic drilling by Placer Dome in 2005 yielded intercepts of 7.62m grading 0.48 g/t Au and 10.67m grading 0.99 g/t Au [5] - Recent surface sampling in 2023 confirmed high-grade Au-Ag-Pb mineralization, with a fully costed exploration program recommended at US$800,000 [5] Exploration Plans - The Bureau of Land Management has approved a Notice of Intent, allowing for up to 21 drill pads and associated roads [5] - The exploration program includes detailed mapping, geophysics, and 8,000 feet of RC drilling to test high-priority targets [5] Company Background - Element79 Gold Corp. focuses on gold and silver exploration, with assets in Nevada and Peru, including the Elephant project and the newly acquired Gold Mountain project [6] - The company is listed on the Canadian Securities Exchange, Frankfurt Stock Exchange, and OTC QB market [6]
Ventripoint Announces Closing of First Tranche of Non-Brokered Convertible Debenture Unit Private Placement
Thenewswire· 2025-09-03 20:10
Core Points - Ventripoint Diagnostics Ltd. has closed a non-brokered private placement, issuing 270 unsecured convertible debenture units for a total of $270,000 [1][2] - Each unit consists of a $1,000 convertible debenture and 9,000 common share purchase warrants [2] - The convertible debentures can be converted into common shares at a price of $0.11 per share, and the warrants allow the purchase of common shares at $0.14 until December 31, 2027 [3] Financial Details - The debentures mature on December 31, 2027, with a 10% interest rate payable semi-annually in cash or common shares [4] - Proceeds from the offering will be used for operational costs, sales and marketing, and general working capital [5] Related Party Transaction - The offering includes a related party transaction, with insiders subscribing for $105,000 of units, relying on exemptions from certain approval requirements [7] Regulatory Information - The securities offered are not registered under the U.S. Securities Act and cannot be sold in the U.S. without proper registration or exemption [8] Company Overview - Ventripoint is a leader in applying AI to echocardiography, with its VMS+ products providing accurate cardiac measurements comparable to MRI [9] - The technology is versatile and compatible with all ultrasound systems, supported by regulatory approvals in the U.S., Europe, and Canada [9]
Uniserve Commits to New Data Centre Facility
Thenewswire· 2025-09-03 18:30
Core Insights - Uniserve Communications Corporation has entered into an Offer to Lease for a new data centre in Vancouver, aiming to enhance its AI infrastructure capabilities [1][4] - The facility will occupy 10,000 square feet and will be designed to support a 2 Megawatt power capacity, with a total budget of $12 million [2][3] - The lease agreement is for a 10-year term, indicating Uniserve's long-term commitment to expanding Canadian compute capacity [3] Financial Details - The landlord is providing a $1 million lease inducement and a $1 million forgivable loan, which is tied to the issuance of 1 million warrants convertible into common shares at $0.60 each [3] - The estimated cost for the first phase of the facility buildout is approximately $6.5 million [3] Strategic Importance - The new facility is positioned as a cornerstone in Uniserve's national data centre expansion strategy, with plans for additional projects in key Canadian markets [4] - The expansion is aimed at providing Canadian businesses with secure and scalable AI infrastructure, reinforcing Uniserve's role in the national AI economy [4] Regulatory Context - The transaction is classified as a "related party transaction" under Multilateral Instrument 61-101, but is exempt from formal valuation and minority shareholder approval due to its market capitalization impact [5]
Universal Ibogaine advises of appointment of two new Board Members
Thenewswire· 2025-09-03 13:00
Core Insights - Universal Ibogaine Inc. has appointed two new Directors, Nia Killebrew and Tony Wagner, to its Board effective August 28, 2025, filling a previously vacant position [1][2] - The Annual Meeting of Shareholders (AGM) is scheduled for September 4, 2025, where current Board member Dean Koumontzis will not stand for re-election [2] Company Overview - Universal Ibogaine Inc. is focused on transforming addiction treatment through medicalized ibogaine, with plans for a Canadian clinical trial targeting opioid use disorder [4] - The company is developing a holistic addiction treatment protocol at its Kelburn Recovery Centre, which aims to enhance the effectiveness of the ibogaine detox protocol [4]
Management & Director Changes
Thenewswire· 2025-09-03 12:10
Corporate Governance Changes - The board of directors of St-Georges Eco-Mining Corp. has approved several changes to the management and governance structure, with Mark Billings, Frank Dumas, and Herb Duerr now on the board of St-Georges Metallurgy, and Herb Duerr appointed as interim President and CEO [1] - The position of Vice President, Research & Development has been eliminated, and Frank Dumas will return to the board to fill the vacancy left by the retirement of Enrico Di Cesare [2] Financial Performance and Operations - The company published its Interim Financial Statements and Management Discussion & Analysis for the first quarter ended June 30, 2025, on August 29, 2025 [3] - EVSX Corp., the company's battery processing subsidiary, completed essential upgrades to its multi-chemistry line at the Thorold, Ontario plant, enhancing processing throughput and efficiency [4] - EVSX has made key operational hires to improve efficiency and maintain continuity in a challenging labor market, while continuing to focus on community-based hiring [4] Employee Incentives - The company will issue 200,000 options priced at $0.075 with a 3-year term to new employees at the Thorold battery processing plant [5] Business Overview - St-Georges Eco-Mining Corp. develops new technologies and holds a diversified portfolio of assets and patent-pending intellectual property across several subsidiaries, including EVSX, St-Georges Metallurgy, Iceland Resources, H2SX, and various exploration projects in Quebec [6]
Herbal Dispatch Announces Update to Equity Private Placement
Thenewswire· 2025-09-03 11:30
Core Viewpoint - Herbal Dispatch Inc. is conducting a non-brokered private placement aiming to raise up to $1,000,000, with strong interest potentially leading to an oversubscription of up to $2,000,000 [1][2]. Group 1: Private Placement Details - The company plans to issue up to 20,000,000 units at a price of $0.05 per unit, with gross proceeds expected to reach $1,000,000 [1]. - Due to high demand, the private placement may be oversubscribed, allowing for the issuance of up to 40,000,000 units for gross proceeds of up to $2,000,000, which has been approved by the Canadian Securities Exchange [2]. - The closing of the private placement is anticipated to occur around September 19, 2025 [2]. Group 2: Use of Proceeds - Proceeds from the private placement and any oversubscription will be allocated for working capital, including inventory purchases to support export sales growth, supplier payments, and upcoming principal loan payments [3]. Group 3: Company Overview - Herbal Dispatch Inc. operates leading cannabis e-commerce platforms, focusing on providing high-quality cannabis products at affordable prices [4]. - The company's flagship marketplace, herbaldispatch.com, offers exclusive access to small-batch craft cannabis and a variety of product formats [4].
Giant Mining Expands New Copper Discovery at Majuba Hill Copper-Silver-Gold Project, Nevada with AI-Driven Drill Program as Phase 2 Exploration Begins
Thenewswire· 2025-09-03 07:05
Core Insights - Giant Mining Corp. has launched its 2025 Phase 2 Exploration Program at the Majuba Hill Copper-Silver-Gold Project in Nevada, building on the success of Phase 1 [1][2] - The project is strategically positioned to support the U.S. transition to a sustainable future, as copper is essential for electrification and renewable energy [3] Exploration Program Highlights - The Phase 2 program utilizes a porphyry-driven, magmatic-hydrothermal breccia model to explore the district-scale potential of Majuba Hill [2] - Key exploration targets include the Southern Breccia Zone, Northern Breccia Zone, and Ball Park Breccia, with new soil samples being collected to enhance geochemical characterization [3] Drilling Results - The final assay results from the Phase 1 diamond drilling program confirmed the effectiveness of the AI-driven targeting strategy, particularly in identifying high-potential breccia zones [5] - Core hole MHB-36, completed to a depth of 1,100 feet (335.3 meters), intersected multiple intervals of copper mineralization, with significant values including 1.5 feet (0.5 m) at 1.21% Cu [10][12] Project Characteristics - Majuba Hill is located in a top-ranked mining jurisdiction in Nevada, covering 9,684 acres and benefiting from existing infrastructure, which provides cost advantages [13] - The project has a history of production and shows indications of a potentially large mineralized body, with significant expansion potential [13] Market Engagement - Giant Mining has engaged InteractiveOffers LLC for a comprehensive investor relations program to enhance transparency and engagement with the investment community [18][19] - The initiative aims to broaden awareness of the company's strategic growth initiatives and corporate milestones [20]