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The Newswire News Releases

Sep 28, 2023 20:18 ET
Uniserve Reports Results for Fiscal Year Ended May 31, 2023
Vancouver, BC: - TheNewswire - September 28, 2023 – Uniserve Communications Corporation (the “Company” or “Uniserve”) (TSXV:USS)  a provider of IT solutions and services to business and residential customers in Canada wishes to announce its annual fiscal 2023 financial results.  Revenues for fiscal 2023 were $6,536K as compared to $7,528K for the prior fiscal year.  The annual fiscal 2023 Operating Loss was $2K compared to an Operating Profit of $448K for the prior fiscal year.  Net Income for fiscal 2023 was $14K as compared to Net Income of $393K for the prior fiscal year.  During the year ...
Sep 28, 2023 16:20 ET
Forrestania Resources extends lithium footprint at South Iron Cap East
Forrestania Resources Ltd (ASX:FRS) MD Michael Anderson tells Proactive that recent assays from the flagship Forrestania Lithium Project in WA’s southern Yilgarn region have intersected spodumene-bearing pegmatite in multiple drill holes. The results come from a follow-up reverse circulation (RC) drilling program at South Iron Cap East, with peak lithium assays of up to 0.95% lithium oxide (Li2O) demonstrating the potential to host ore-grade mineralisation. FRS has a favourable outlook on the likely unearthing of a significant mineral-rich pegmatite formation at greater depths. The characteris...
Sep 28, 2023 16:10 ET
Reward Minerals hails strong economics for SOP extraction technology
Reward Minerals Ltd (ASX:RWD) CEO Lorry Hughes speaks with Proactive after releasing favourable results from an engineering scoping study (ESS) which examined the potential for recovering high-purity potassium sulphate (sulphate of potash or SOP) from seawater-derived brines in northwest Western Australia. The study, in collaboration with Bechtel Australia Pty Ltd, pointed to the commercial and technological feasibility of recovering 100,000 tonnes per annum of SOP using RWD’s processing technology, called the ‘Reward process’. Capital expenditure is estimated at A$198.2 million, with an opera...
Sep 28, 2023 15:50 ET
GTI Energy says Lo Herma uranium drilling on track for November
GTI Energy Ltd (ASX:GTR, OTC:GTRIF) executive director Bruce Lane tells Proactive that the company continues to make strides at its uranium projects, with drilling permits secured from the US Federal Bureau of Land Management (BLM) for drilling at the Lo Herma ISR Project. With an inferred resource of 5.71 million pounds of U3O8, GTI aims to kick off drilling at the project in November with the intention of upgrading resources. Meanwhile, GTI has also achieved landmark carbon-neutral certification, making it the first uranium company listed on the Australian Securities Exchange (ASX) to do so....
Sep 28, 2023 15:00 ET
Gold Hydrogen receives first key approvals ahead of Ramsay 1 drilling
Gold Hydrogen Ltd (ASX:GHY) MD Neil McDonald tells Proactive the company has received the first of its staged approvals from the South Australian Government Department of Energy and Mines to commence site operations and construction of the Ramsay 1 well site drilling pad. Rig mobilisation is planned for the second week of October, and the company is on track to spud Australia’s first dedicated natural hydrogen well in mid-October. Meanwhile, an independent reservoir rock characterisation study has revealed promising geological parameters for hydrogen generation and storage at the Ramsay projec...
Sep 28, 2023 15:00 ET
Sovereign Metals says Kasiya has potential for industry-leading returns
Sovereign Metals Ltd (ASX:SVM, AIM:SVML) MD Julian Stephens speaks with Proactive after announcing the results of a PFS for the company’s flagship Kasiya Rutile-Graphite Project in Malawi. He says it is a major critical minerals project with an extremely low carbon footprint underpinned by significant economic returns. Kasiya is the largest natural rutile deposit and second-largest flake graphite deposit in the world. The PFS is modelled on a life-of-mine (LOM) of 25 years, with initial probable ore reserves of 538 million tonnes, representing a conversion of only 30% of the total mineral reso...
Sep 28, 2023 14:28 ET
MTB Metals announces first three drill holes on Telegraph project intersect copper mineralization over 700 metres
MTB Minerals CEO Lawrence Roulston joined Steve Darling from Proactive to share exciting updates regarding the ongoing drilling activities at the Telegraph copper-gold project in British Columbia's Golden Triangle. ...
Sep 28, 2023 14:22 ET
Argentina Lithium announces key US$90 million investment from automaker Stellantis
Argentina Lithium and Energy CEO Niko Cacos joined Steve Darling from Proactive to share significant news that the company has secured US$90 million in funding through a strategic agreement with, Stellantis, one of the world's largest automakers, known for its major brands such as Alfa Romeo, Chrysler, Dodge, Fiat, Jeep, Peugeot, and RAM. ...
Sep 28, 2023 14:13 ET
ARway Corp announces company has built its first platform for Apple Pro Vision Glasses
ARway Corp Chief Product Officer Shadnam Khan joined Steve Darling from Proactive to share an exciting update at ARway Corp has achieved a significant milestone by completing the first build of the ARway Platform on Apple's Vision Pro hardware and realityOS operating system at the prestigious Apple Park in Cupertino. ...
Sep 28, 2023 14:09 ET
HPQ Silicon PUREVAP Gen3 Quartz Reduction Reactor pilot plan project hits 80% of milestones
HPQ Silicon CEO Bernard Tourillon joined Steve Darling from Proactive to share exciting developments regarding the company's PUREVAP Gen3 Quartz Reduction Reactor (QRR) pilot plant project. ...
Sep 28, 2023 14:02 ET
Voyageur Pharmaceuticals "sees a gap in the market" for domestically-produced barium
Proactive Research Analyst Daniel Appiah speaks to Thomas Warner from the Londons studio after publishing a new research note on Canadian medical imaging contrast media company Voyageur Pharmaceuticals Ltd (TSX-V:VM) (OTC:VYYRF). ...
Sep 28, 2023 13:58 ET
C3 Metals going "full steam ahead in Jamaica"
C3 Metals Inc (TSX-V:CCCM, OTC:CARCF) CEO Dan Symons speaks to Thomas Warner from Proactive after a week of fresh news from the copper-gold explorer's projects in Jamaica and Peru. ...
Sep 28, 2023 13:52 ET
Torr Metals adds to portfolio by staking new ground in south-central British Columbia
Torr Metals CEO Malcolm Dorsey joined Steve Darling from Proactive to announce a significant development for the company – the acquisition of the Kolos Copper-Gold Project, located in south-central British Columbia....
Sep 28, 2023 13:46 ET
1606 announces launch of ChatCBD, a revolutionary AI chatbot to enhance customer experiences
1606 Corp CEO Greg Lambrecht joined Proactive's Steve Darling with news the company is launching ChatCBD, an AI chatbot designed to revolutionize the customer experience. ...
Sep 28, 2023 13:00 ET
Australian Vanadium says TMT merger unlocks scale and funding
Australian Vanadium Ltd (ASX:AVL, OTCQB:ATVVF) CEO Graham Arvidson speaks with Proactive soon after the company and Technology Metals Australia Ltd (ASX:TMT) struck a deal to merge, in an agreement valued at $217 million which will see AVL acquire 100% of the TMT shares on issue. The companies see the merger as a logical consolidation of two adjoining projects across the Gabanintha orebody. As a result, the merged entity will become the leading Australian vanadium developer with a world-class asset of scale in Western Australia, a tier-one mining jurisdiction....
Sep 28, 2023 12:39 ET
Chainlink Surges 15% In the Weekly Charts – Can It Catch Up to Borroe.Finance?
September didn't start as planned for Chainlink ($LINK). Yet it has turned around $LINK’s recent bearish fortunes to record a 15% weekly boost. However, analysts seem more focused on Borroe.Finance ($ROE). The latter focuses solely on providing instant loans to the Web 3 industry. Yet, investors say it can become one of the best DeFi coins available. Are these expectations reasonable? Let's find out....
Sep 28, 2023 12:00 ET
Lightning Minerals will have boots on the ground next month in Canada
Lightning Minerals Ltd (ASX:L1M) CEO Alex Biggs tells Proactive the company has successfully completed due diligence on its planned acquisition of the Dalmas and Hiver lithium projects in James Bay, Quebec, Canada, and will move to enact exploration plans. A final definitive acquisition agreement has been executed and completion of the deal is imminent. The company now turns its attention to Phase 1 work plans which will begin in the coming weeks prior to the onset of snowfall....
Sep 28, 2023 11:30 ET
Elixir Energy brings Nomgon-10 pilot well into production
Elixir Energy Ltd (ASX:EXR) MD Neil Young tells Proactive the company’s Nomgon-10 pilot well is now online at its Nomgon IX coal bed methane (CBM) project in the South Gobi Basin of Mongolia. Elixir is bringing the well into production slowly to minimise the risks of formation damage and shocks to the coal reservoir. Meanwhile in the Yangir region, a successful drill stem test (DST) was performed on the Yangir West-2 well, with the results constituting a CBM gas discovery with the company having proved the presence of gas-saturated coal with adequate permeability....
Sep 28, 2023 09:30 ET
Avingtrans in a strong cash position after "beating city expectations again"
Avingtrans (LON:AVG) CEO Steve McQuillan and CFO, Stephen King speak to Thomas Warner from Proactive London after the engineering company released its preliminary results for the year to 31 May 2023. McQuillan gives a brief overview of the company's unique way of doing business, which combines engineering with elements of the private equity model....
Sep 28, 2023 09:26 ET
Digitalbox CEO upbeat on outlook for 2024 despite challenging first half
Digitalbox PLC (AIM:DBOX) CEO James Carter speaks to Thomas Warner from Proactive after the digital media company published its interim results for the six months to 30 June 2023. Carter discusses the challenges faced by the business during the first half of the year, noting that despite forecasting a tough period, the company did finish ahead of its internal budget. ...