Nymox Pharmaceutical Corp. {NSDAQ: NYMX} share price has risen sharply since the recently announced financing at 45 cents, and now stands at 66c.
Following their disastrous news release of some months ago where the stock dropped from over $5 to 40 cents, the stock is now showing some green shots of recovery.
Colonial Coal International Corp. {TSX.V:CAD} have confirmed that their plan of arrangement for Tuya Energy has been given court approval following the positive vote at the recent EGM.
As a result, Colonial Coal is now a more substantial company, with a larger resource, a good treasury, and the opportunity to add value via exploration, and acquisition.
Eddison have produced a research note on Avalon Rare Metals {TSX: AVL} supporting the recent study as giving sufficient confidence to support the advancement of AVL’s East Kemptville tin project.
Capex has been set at a realistic $157 million, including the ability to produce tin ingots on site in a small refinery.
Nymox Pharmaceutical Corp. {NASDAQ: NYMX} announces a Private Placements of US $400,000.
In addition warrants at a strike price of $2 were issued.
Colonial Coal International Corp. {TSX.V: CAD} and Tuya Energy Inc. shareholders have both voted in favour of the acquisition by Colonial Coal of the shares of Tuya Energy Inc.
The votes now require court approval, upon which the newly enlarged Colonial Coal will have substantial assets and a good treasury with which to move towards becoming a medium size coal miner.
Without warning, Minesite and Oilbarrel, both London based resource conferences, have been ceased by their owner, effective after the 102nd Minesite that took place in the City of London today.
This marks the end of an era as Minesite and Oilbarrel spearheaded the start of resource conferences in London some 12 or so years ago, and have proved to be exceedingly popular events over the years. Sadly, with interest in the sector waning, along with company valuations in the latter years, it proved harder to find participants, leading to today’s surprise announcement, at the commencement of the presentations. Continue reading
Western Zagros {TSX: WZR} announced their Q4 and end of year 2014 results, and update on their key milestones for 2014.
This included the commencement of light oil from their Sarqala well at the initial rate of some 5,000 barrels of oil per day.
VAL-D’OR, QUEBEC – March 17, 2015 – Cartier Resources Inc. {TSX VENTURE:ECR} announces the closing of a private placement with SODEMEX II s.e.c. for gross proceeds of 75 000 $.
Inovio Pharmaceuticals and academic collaborators, notably the University of Pennsylvania, have received a $16 Million grant from National Institute of Allergy and Infectious Diseases.
The grant will fund a 5 year AIDS vaccine Development Program, and comes about following the success of the PENNVAX vaccine cinical work to date.
Neometals {ASX: NMT} confirm they have furthered their non -core asset divestment program with another deal announced.
CEO Chris Reed announced they have sold and farmed out the gold rights over their Forrestania and part of the Barrambie projects.
A first-step screening has occurred on Zenyatta Ventures {TSX.V: ZEN} Albany graphite with positive results for use in multiple components for fuel cells.
As a second step, the company now plans to work further with a global leader in fuel cell technology to build actual components from high-purity Albany graphite.
The recently 2015 PDAC mining conference in Toronto was well attended in the end, despite reports to the contrary circulating in the press.
Following one from my thoughts about the first two days, here are my concluding thoughts written after the event had finished.
CEO of Scorpio Gold {TSX.V: SGN} Peter Hawley proclaimed the raising of $15 million in a non-brokered private placement with an affiliate of NY based investment firm Coral Reef LLC. as a move that will accelerate the growth of the company and take Scorpio Gold “to the next level”.
The PDAC, (or Prospectors and Developers Association of Canada, to give it its full name), is the world’s largest mining conference, and is currently taking place in Toronto, Canada.
Having attended the conference for the last eight years, I approached this conference with pessimism and little enthusiasm. Here are my observations from the first two days.
