Oldest Company News

A class action lawsuit has been commenced against Nymox Corp. and its board

A class action lawsuit has been commenced against Nymox Corp. and its board of directors on behalf of shareholders that purchased their shares between January 2011 and November 2014.

The allegation is that Nymox failed to disclose material information affecting the Phase 3 clinical trials for its proprietary drug NX-1207 for the treatment of benign prostatic hyperplastic (BPH).

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Scorpio intersects good mineralisation at the NW Brodie Trend

Scorpio Gold {TSX.V SGN} Intersects 1.12 g/t Gold over 36.58 meters on the NW Brodie Trend, Mineral Ridge Project, Nevada, USA.

The Brodie Trend is outside the area of the current resource, and CEO Peter Hawley commented “we have an opportunity to potentially outline a significant resource in an area that until this year was held under a privately held patented mineral claim. The claim”

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Scorpio Gold surpass 100K production of gold at Mineral Ridge

Scorpio Gold {TSX.V: SGN} have announced the passing of the 100,000 ounces of gold production at Mineral Ridge, a significant achievement.

This was achieved with Q3 production of 11,228 ounces, lighter than in previous quarters as low grade ore was worked through, but Scorpio President Steve Roebuck confirmed that guidance of 40 – 45,000 production ounces for the full year remains on target.
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Range Energy arranges private placement

Range Energy arranges $1-million private placement

Range Energy {CSE: RGO} CEO Toufic Chahine reports that Range Energy have arranged a non brokered financing of $1 million in order to maintain their obligations on the Khalakan block in Iraqi Kurdistan.

Previous financings have been supported by Gulf LNG, a private US based investment fund who also hold a substantial position in Canadian listed Western Zagros.{WZR.V}

Range Energy is listed on the Canadian Securities Exchange.
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Cartier Grants Donner an Option on Dollier Project

Cartier Resources {TSX.V: ECR} have announced a binding letter of agreement with Donner Metals {TSX.V: DON} on an option to purchase an interest in respect of ECR’s Dollier Gold Project.

On paper this looks a very good deal for ECR, as it brings $400K into the treasury this year, plus 150K Don shares, and they have a free carry on 3,000 metres of drilling due to be carried out in November at the property.

A nice bit of business negotiated by Philippe Cloutier.

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Terrace Energy announces strong flows from Price H1 well

Terrace Energy {TSX.V: TZR} announces the successful completion of the Price 1H well, with strong hydrocarbon flows, and confirms that production operations have already begun.

Production results will be announced once flow rates have stabilised, as per the industry norm.

Terrace also updated with developments on all their other principal projects

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Cartier Resources find gold potential in new zones at Chimo

Cartier Resources find gold potential in new zones at Chimo.

Philippe Cloutier, CEO and President of Cartier Resources {TSX.V: ECR} informed the market that following an interpretation of the zones 6 and 6B, in the south area of the Chimo property, two new gold bearing zones plus several areas of mineralization had been discovered.

A key factor is the similarity between the known Central Area and the new South Area zones.

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Inovio to initiate human testing of Ebola vaccine in 2015

Inovio Pharma {NASDAQ: EVO} has confirmed that they will initiate human trials of their Ebola virus vaccine in H1 2015, in conjunction with Korean based partner GeneOne Life Science.

Animal testing of the vaccine has proven successful, and the race is on for an effective vaccine after dire predictions of possible infection rates in Africa have been made by the US health officials.

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Colonial Coal receive Flatbed licence Work Permit

Colonial Announces Receipt of Work Permit for Its Flatbed Property

Colonial Coal pleased the market by announcing the receipt of a Phase 1 Work Permit for its Flatbed property

located in the prolific Peace River Coal region of British Colombia, Canada.

The Flatbed property abuts properties owned by Teck and Peace River Coal.

Flatbed is considered to have good potential for a new high quality coking coal discovery, and the first drill

results will be eagerly awaited.
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Inovio initiates Phase 1 Aerodigestive trial

Inovio pharma {NASDAQ: INO} Expands HPV Immunotherapy Development to Aerodigestive Cancers.

Inovio Pharma have initiated a Phase 1 clinical trial for their INO-3016, targeting HPV-6, the cause of most human Aerodigestive cancers, which effect the lips, mouth, tongue, throat, vocal cords, and other oral areas.

The motivator to achieve this is the unmet needs of patients suffering from this form of cancer, and the opportunity to take first mover advantage in this critical area.
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Cartier Resources discovers new exploration targets in the Central Area of their Chimo Mine

Cartier Resources {TSX.V: ECR} President and CEO Philippe Cloutier has followed on from his previous news release by announcing the result of the compilation and interpretation of historical data, at ECR’s Chimo mine.

“The quality and quantity of gold intersections comprising the extensions of the mined and unmined zones as well as the new discoveries define the upside for the project” the upbeat CEO added.

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Scorpio Gold report good drill results from a new potential resource area at Mineral Ridge, Nevada.

Management of Scorpio Gold Corp. {TSX.V: SGN} reported new drilling results in a new area of exploration, the Brodie Satellite Deposit at their Missouri Claim, at Mineral Ridge (70%) that show the potential to possibly expand the LOM.

These promising drill results, located outside the existing defined resource area and pit outlines is a continuation of their run of good news releases during the last few months.

Management believe that these results suggest the potential to build a resource in the Missouri claim area

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Inovio Pharmaceuticals to List on NASDAQ

In a surprise move, Inovio Pharmaceuticals has announced their intention to switch markets, leaving the NYSE, and moving over to the NASDAQ Global Select Market, with effect from September 15th 2014.

The feeling is that this will bring more attention to Inovio, as this is the market where most peers reside, and will therefore bring Inovio more into focus with those that invest in the sector.
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Cartier Resources Discover High Grade Mineralised Zones at Chimo

Cartier Resources {TSX.V: ECR}

Cartier Resources President and CEO Philippe Cloutier announced the discovery of three mineralised zones with high exploration at their Chimo Mine project, located in Val-d’Or, Quebec, Canada.

“The North Area of the property shows many exploration targets” comments Philippe Cloutier, President and CEO, adding “the high grades and widths of the mineralization define targets that start from surface and extend at depth”.
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