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Month: June 2023

Solaris Reports Significant New Porphyry Discovery in First Hole at Patrimonio, Second and Third Holes Underway and Additional Rigs Being Mobilized

Figure 1 – Core Photos from SLSP-01 drilled at the Patrimonio target Figure 1 – Core Photos from SLSP-01 drilled at the Patrimonio targetFigure 2 – Plan View of Warintza Porphyry Cluster and Patrimonio Drilling Figure 2 – Plan View of Warintza Porphyry Cluster and Patrimonio DrillingVANCOUVER, British Columbia, June 14, 2023 (GLOBE NEWSWIRE) — Solaris Resources Inc. (TSX: SLS; OTCQB: SLSSF) (“Solaris” or the “Company”) is pleased to announce the discovery of a significant new porphyry deposit in the first reconnaissance drill hole at the Patrimonio target, southwest of Warintza Central. Patrimonio represents the sixth porphyry deposit discovered on the Warintza Project (“Warintza” or the “Project”) in southeastern Ecuador. Highlights are listed below, with corresponding images in Figures 1-2. Figure 1 – Core Photos from SLSP-01...

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Wesdome Exploration Drilling Continues to Expand High Grade 300 East Zone Down Plunge at the Eagle River Mine Returning 40.7 Grams Per Tonne Gold Cut Over 6.0 Metres True Width

Figure One 3D View of 300E ZoneTORONTO, June 14, 2023 (GLOBE NEWSWIRE) — Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” or the “Company”) today announces results from the ongoing underground exploration drilling program at the Company’s wholly-owned Eagle River Mine in Wawa, Ontario. Ongoing extension and definition drilling of the 300 East Zone has continued to confirm the continuity of the geometry and the consistency of the high-grade mineralization down plunge. The 300 East Zone, previously defined from the 750 m-level to 1,400 m-level, has now been extended to the 1,600 m-level and remains open down plunge (Figure 1). The width of the quartz veining is typically less than 1.5 metres true width; however, recent drilling along the eastern margin of the 300 East Zone has returned wider widths. This occurs in an area that is...

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Monopar to Participate in the Maxim Group’s Healthcare Virtual Conference

WILMETTE, Ill., June 14, 2023 (GLOBE NEWSWIRE) — Monopar Therapeutics Inc. (Nasdaq: MNPR), a clinical-stage biopharmaceutical company focused on developing innovative treatments for cancer patients, today announced that Chandler Robinson, MD, Monopar’s Chief Executive Officer, will participate in a one-on-one fireside chat with Jason McCarthy, PhD, Senior Managing Director of Equity Research, at the Maxim Group’s Healthcare Virtual Conference on Tuesday June 20, 2023 at 1:30pm ET. Fireside Chat Details:Date: June 20, 2023Time: 1:30 pm ETLocation: Virtual Conference About Monopar Therapeutics Inc. Monopar Therapeutics is a clinical-stage biopharmaceutical company focused on developing innovative treatments for cancer patients. Monopar’s pipeline consists of camsirubicin (Phase 1b) for the treatment of advanced soft tissue...

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Plug Teams Up with Avina to Decarbonize Commercial Trucking

Deal supports first green hydrogen production facility for heavy-duty trucks in Southern California LATHAM, N.Y., June 14, 2023 (GLOBE NEWSWIRE) — Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, will deliver containerized proton exchange membrane (PEM) electrolyzer systems to Avina Clean Hydrogen Inc. for a green hydrogen production facility that will serve the commercial mobility sector in southern California. Plug’s electrolyzers will support the first hydrogen production facility for heavy-duty trucks in Southern California. Plug has a right of first refusal to supply electrolyzers for Avina’s next hydrogen production facility. To help California reach its ambitious climate goals of slashing greenhouse gas emissions 85 percent by 2045, Avina will work with...

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GURU Organic Energy Announces Second Quarter 2023 Financial Results

Strong start for GURU Theanine Fruit Punch launch across Canada, another #1 ranked innovation with more than 3% market share in Quebec after just one month.1Q2 2023 net revenue increased to $7.7 million, compared to $7.6 million in Q2 2022, mainly due to growth in sales velocities in Canada and the launch of Theanine Fruit Punch.Sustained strong gross margin of 53.1% in Q2 2023, compared to 54.3% in Q2 2022.Decrease in net loss to $2.6 million or $(0.08) per share (basic and diluted) in Q2 2023, compared to net loss of $4.0 million or $(0.12) per share (basic and diluted) in Q2 2022.Overall shipment volume2 grew 3% compared to the same period last year, driven by 21% growth in Canada.Growth of 21% and 24% in retail consumer scanned sales2 for the 52-week and 4-week periods ended April 22, 20231,2, respectively, suggesting...

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Anti Drone Market to Worth USD 6.95 Billion by 2029 | Fortune Business Insights™

The global anti drone market covered major segments By Method (Detection and Interdiction), By Technology (RF Analyzer, Acoustic Sensors, Optical Sensors, Radar, RF Jammer, GPS Spoofer, High Power Microwave Devices, Nets and Guns, and High Energy Lasers), By Platform (Handheld, UAV, and Ground Based), By End-use (Government and Defense, Commercial, Airports, Others), and Region. Pune, India, June 14, 2023 (GLOBE NEWSWIRE) — The global anti drone market size was USD 1.34 billion in 2021 and is projected to grow from USD 1.58 billion in 2023 to USD 6.95 billion in 2029, exhibiting a CAGR of 23.55% during the forecast period. This information is provided by Fortune Business Insights™, in its report titled, “Anti Drone Market, 2023-2029.” The anti-drone market refers to the industry focused on developing and providing solutions...

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Aldebaran Announces Closing of Top-Up Financing by South32

VANCOUVER, British Columbia, June 14, 2023 (GLOBE NEWSWIRE) — Aldebaran Resources Inc. (“Aldebaran” or the “Company”) (TSX-V: ALDE, OTCQX: ADBRF), is pleased to announce it has completed its previously announced top-up financing with a subsidiary of South32 Limited (“South32”). South32 elected to exercise its anti-dilution rights to maintain a 9.9% equity interest in the Company following the exercise of warrants announced on May 5, 2023. South32 acquired 970,000 common shares (the “Common Shares”) at a price of $0.73 per Common Share for total proceeds of $708,100. In accordance with the terms of the Investor Rights Agreement between the Company and South32, the issue price was set at the volume weighted average price of the Common Shares in the five day period preceding the election notice by South32. The Common Shares issued...

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Augmedix Extends Term Loan Facility and Finalizes Terms for Equity Line of Credit

Balance Sheet Initiatives Bolster Financial Strength as Company Scales Business Towards Cash Flow Break-Even SAN FRANCISCO, June 14, 2023 (GLOBE NEWSWIRE) — Augmedix (Nasdaq: AUGX), a healthcare technology company that delivers industry-leading ambient medical documentation, today announced that it has amended its existing senior secured term loan facility with Silicon Valley Bank (“SVB”), a division of First Citizens Bank, which may extend the interest only period by as long as 18 months from January 2024 to July 2025, and finalized terms on its previously disclosed equity line of credit with Redmile Group, LLC (“Redmile”). Combined with the $12 million of new equity from HCA Healthcare, Inc. and Redmile announced in April 2023, these actions bolster the Company’s financial strength and enhance its liquidity cushion as it scales...

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Orkuveita Reykjavíkur – Green Bond Auction June 20th 2023

Reykjavík Energy (Orkuveita Reykjavíkur; OR) is holding a bond auction Tuesday, June 20, 2023. Bond in the green bond classes OR020934 GB and OR180255 GB will be offered for sale. OR020934 GB bears fixed indexed interests and pays equal payments every six months with a final maturity date of September 2, 2034. Previously, bonds with a nominal value of ISK 17,747 million have been issued in the class.  OR0180255 GB bears fixed indexed interest and pays equal payments every six months with a final maturity date of February 18, 2055. Previously, bonds with a nominal value of ISK 25,201 million have been issued in the class.  Fossar Investment Bank hf. oversees the issuance and sale of the bonds as well as their admission to trading on the Nasdaq sustainable bonds market in Iceland. Bids must be submitted to the email address utbod@fossar.is...

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Titan Updates Exploration including, 26.3 feet assaying 14.9% zinc, 3.9% lead, and 34.9 g/t silver; Provides Dividend Update

Figure 1. Location of Drilling area relative to ESM #4 and Turnpike (formerly Sphaleros). With the location of Figures 2 and 3 highlighted.Figure 2. Plan view of drilling showing the location of surface holes at Turnpike (formerly Sphaleros).Figure 3. Plan view of drilling showing the location of holes UX22-023 – UX23-028VANCOUVER, British Columbia, June 14, 2023 (GLOBE NEWSWIRE) — Titan Mining Corporation (TSX:TI) (“Titan” or the “Company”) provides an update on dividend and exploration programs at the Company’s 100% owned Empire State Mine (“ESM”) in upstate New York. Drilling has focused on discovering, expanding, and delineating near mine mineralization within proximity to active and planned operational areas at ESM. Both surface and underground programs have been successful in intercepting significant zinc mineralization...

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