OTCQB

SmartMetric in Last Stage of Manufacture of Its Latest Biometric Fingerprint Credit Card Product

Retrieved on: 
Friday, December 2, 2022

This feature is unique to the SmartMetric biometric card and provides for a solid and robust live fingerprint detection.

Key Points: 
  • This feature is unique to the SmartMetric biometric card and provides for a solid and robust live fingerprint detection.
  • SmartMetric is able to provide the card as a pre-lam product to existing credit card laminators and card personalization providers that provide card services to card issuing Banks.
  • The SmartMetric biometric credit card solution is without a doubt without peers in the world of biometric cards.
  • These issues have now been overcome and there is now no impediment to the manufacture of the SmartMetric biometric card product.

The Coretec Group To Host a Shareholder Call on December 14 To Highlight 2022 Milestones and Outline 2023 Goals

Retrieved on: 
Friday, December 2, 2022

The shareholder presentation and call will provide a recap of the programs milestones throughout the year, along with updates on its CHS and CSpace technologies, both of which also progressed in 2022.

Key Points: 
  • The shareholder presentation and call will provide a recap of the programs milestones throughout the year, along with updates on its CHS and CSpace technologies, both of which also progressed in 2022.
  • To submit questions for the shareholder presentation and call, please send an email to [email protected] by 5:00 p.m. EST on Monday, December 12, 2022.
  • The webcast console will be available to registered attendees 15 minutes prior to the scheduled event start time.
  • The Coretec Group serves the global technology markets in energy, electronics, semiconductor, solar, health, environment, and security.

Prime Mining Corp. Announces Upsize of Previously Announced Bought Deal Private Placement Financing to $18.3 Million

Retrieved on: 
Friday, December 2, 2022

VANCOUVER, British Columbia, Dec. 02, 2022 (GLOBE NEWSWIRE) -- Prime Mining Corp. (“Prime”, or the “Company”) (TSX.V: PRYM, OTCQB: PRMNF, Frankfurt: A2PRDW) is pleased to announce that in connection with its previously announced bought deal private placement, the Company and Desjardins Capital Markets, acting as sole bookrunner and co-lead, on behalf of a syndicate of underwriters co-led by Desjardins Capital Markets and TD Securities Inc. (the “Co-Leads Underwriters” and collectively with the syndicate of underwriters, the “Underwriters”) have agreed to increase the size of the previously announced offering from $16,500,000 to $18,300,000. Pursuant to the amended terms, the Underwriters will offer for sale, on a bought deal basis, 12,200,000 units of the Company (the “Units”) at a price of $1.50 per Unit (the “Offering Price”) for aggregate gross proceeds to Prime of $18,300,000 (the “Offering”). Each Unit will consist of one common share in the Company (each a “Common Share”) and one common share purchase warrant (each a “Warrant”). Each Warrant shall be exercisable for one Common Share at an exercise price of $2.00 for a period of 36 months following the Closing Date (as defined below). If, following the Closing Date, the volume weighted average trading price of the Shares on the TSX Venture Exchange (“TSXV”) for any 10 consecutive trading days equals or exceeds $2.50, the Company may, upon providing written notice to the holders of Warrants, accelerate the expiry date of the Warrants to the date that is 20 days following the date of such written notice.

Key Points: 
  • Each Unit will consist of one common share in the Company (each a Common Share) and one common share purchase warrant (each a Warrant).
  • The Company has not registered and will not register the securities under the U.S. Securities Act of 1933, as amended.
  • Prior to Primes acquisition, recent operators of Los Reyes had spent approximately US$20 million on exploration, engineering, and prefeasibility studies.
  • Results to date suggest the three known main deposit areas, Guadalupe, Central and Z-T, are larger than previously reported.

PSYC Corporation Discusses Its Diversification and Growth Strategy with The Stock Day Podcast

Retrieved on: 
Friday, December 2, 2022

CEO of the Company, David Flores, joined Stock Day host Everett Jolly.

Key Points: 
  • CEO of the Company, David Flores, joined Stock Day host Everett Jolly.
  • "We have seen a substantial uptick in incoming revenue here with both of these platforms, which is great news for us."
  • "We are absolutely demonstrating that we do have a very solid monetization plan in place," continued Flores.
  • Spotlight Media Corporation ("SMC") ( www.spotlightmediacorp.com ) is a Nevada Corporation and is a privately held wholly owned subsidiary of PSYC that was incorporated on February 8, 2022.

Royal House of Medici Holdings in Collaboration with M1563 Media Launch Web3 Art Auction on the MetaWorks Blockchain at Miami Art Week

Retrieved on: 
Friday, December 2, 2022

Fairfield, CA., Dec. 02, 2022 (GLOBE NEWSWIRE) -- MetaWorks Platforms, Inc. (“MetaWorks” or the “Company”), (CSE: MWRK and OTCQB: MWRK), an award-winning, full-service Web3 blockchain platform provider, is pleased to announce that M 1563 Media, Inc. has launched www.M1563.com on the MetaWorks blockchain in collaboration with the Royal House of Medici Holdings, Inc.

Key Points: 
  • M 1563 was created to extend the Medici legacy in the arts, said Patrick Bonney, CEO of RHM and M 1563.
  • Our platform and related initiatives will amount to what we are calling a Renaissance 3.0.
  • MetaWorks Web3 infrastructure and technology will help M 1563 achieve their goal of reimagining Renaissance art and post-modern work while inspiring a new generation of artists and collectors.
  • About The Royal House of Medici Holdings, Inc. (RHM)
    The Royal House of Medici Holdings, Inc. is a holding company formed in partnership with His Royal Highness Ottaviano de Medici, The Grand Duke ofTuscany, for diversified investments to champion and steward the Medici dynastys intellectual, artistic and philosophical traditions.

Cohen Milstein Files Lawsuit on Behalf of Northwest Biotherapeutics Against Major Market Makers for Market Manipulation

Retrieved on: 
Friday, December 2, 2022

"We're looking forward to holding these market makers responsible for the harm they have caused, and bringing critical and necessary transparency to these markets."

Key Points: 
  • "We're looking forward to holding these market makers responsible for the harm they have caused, and bringing critical and necessary transparency to these markets."
  • In a market free from manipulation, the market response should have been strongly positive, not dramatically negative, in response to the positive news.
  • Northwest Biotherapeutics alleges that it sold over 49 million shares at manipulated and devalued prices as a result of the market makers' actions.
  • Northwest Biotherapeutics is represented by national law firm Cohen Milstein Sellers & Toll PLLC.

Mandalay Resources Corporation Announces Refinancing of Credit Facility

Retrieved on: 
Friday, December 2, 2022

TORONTO, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Mandalay Resources Corporation (“Mandalay” or the “Company”) (TSX: MND, OTCQB: MNDJF) is pleased to announce that it has entered into a credit agreement with The Bank of Nova Scotia (“Scotiabank”) providing for a senior secured revolving credit facility in an aggregate amount of up to US$35 million (the “Revolving Credit Facility”).

Key Points: 
  • TORONTO, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Mandalay Resources Corporation (Mandalay or the Company) (TSX: MND, OTCQB: MNDJF) is pleased to announce that it has entered into a credit agreement with The Bank of Nova Scotia (Scotiabank) providing for a senior secured revolving credit facility in an aggregate amount of up to US$35 million (the Revolving Credit Facility).
  • The initial drawdown under the Revolving Credit Facility will be used to repay the Companys existing syndicated facility with HSBC Bank Canada and Macquarie Bank Limited (the Existing Facility) which had US$32.6 million outstanding before repayment.
  • The residual proceeds from the Revolving Credit Facility will be used for general corporate and working capital purposes.
  • In connection with the Revolving Credit Facility, Scotiabank will hold security over the majority of the Companys material assets.

Prime Mining Corp. Announces C$16.5 Million Bought Deal Private Placement Financing

Retrieved on: 
Thursday, December 1, 2022

VANCOUVER, British Columbia, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Prime Mining Corp. (“Prime”, or the “Company”) (TSX.V: PRYM, OTCQB: PRMNF, Frankfurt: A2PRDW) is pleased to announce that it has entered into an agreement with Desjardins Capital Markets, acting as sole bookrunner and co-lead, on behalf of a syndicate of underwriters co-led by Desjardins Capital Markets and TD Securities Inc. (the “Co-Leads Underwriters” and collectively, the “Underwriters”) whereby the Underwriters have agreed to purchase for resale, on a bought deal private placement basis, 11,000,000 units (the “Units”) at a price of $1.50 per Unit for gross proceeds of approximately $16,500,000 (the “Offering”). Each Unit will consist of one common share in the Company (each a “Common Share”) and one common share purchase warrant (each a “Warrant”). Each Warrant shall be exercisable for one Common Share at an exercise price of $2.00 for a period of 36 months following the Closing Date (as defined below). If, following the Closing Date, the volume weighted average trading price of the Shares on the TSX Venture Exchange (“TSXV”) for any 10 consecutive trading days equals or exceeds $2.50, the Company may, upon providing written notice to the holders of Warrants, accelerate the expiry date of the Warrants to the date that is 20 days following the date of such written notice.

Key Points: 
  • Prime has also been informed that Pierre Lassonde intends to participate in the Offering.
  • The Units will be offered for sale on a private placement basis in all of the provinces ofCanadapursuant to applicable exemptions from the prospectus requirements of Canadian securities laws.
  • Prior to Primes acquisition, recent operators of Los Reyes had spent approximately US$20 million on exploration, engineering, and prefeasibility studies.
  • Prime is managed by an ideal mix of successful mining executives, strong capital markets personnel and experienced local operators all focused on unlocking the full potential of the Los Reyes Project.

Koil Energy Solutions to Provide Cable Services for Wave Energy Application

Retrieved on: 
Thursday, December 1, 2022

HOUSTON, Dec. 01, 2022 (GLOBE NEWSWIRE) -- HOUSTON Koil Energy Solutions, Inc. (OTCQB: KLNG) (Koil Energy or the Company), an international specialist in subsea energy equipment and services, today announced the receipt of an order to provide cable termination services for a wave energy project.

Key Points: 
  • HOUSTON, Dec. 01, 2022 (GLOBE NEWSWIRE) -- HOUSTON Koil Energy Solutions, Inc. (OTCQB: KLNG) (Koil Energy or the Company), an international specialist in subsea energy equipment and services, today announced the receipt of an order to provide cable termination services for a wave energy project.
  • This award is another step in progressing our core competencies beyond our traditional lines of business in the oil and gas sector, said Charles Njuguna, President and CEO of Koil Energy.
  • This wave energy opportunity highlights the transferability of our expertise to other energy sectors and provides further validation of our strategy to rebrand and reposition the Company as a leading provider of fully integrated solutions.
  • Koil Energy is a leading energy services company offering subsea equipment and support services to the worlds energy and offshore industries.

Mortgage Rates Continue to Decrease

Retrieved on: 
Thursday, December 1, 2022

MCLEAN, Va., Dec. 01, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey (PMMS), showing the 30-year fixed-rate mortgage (FRM) averaged 6.49 percent.

Key Points: 
  • MCLEAN, Va., Dec. 01, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey (PMMS), showing the 30-year fixed-rate mortgage (FRM) averaged 6.49 percent.
  • Mortgage rates continued to drop this week as optimism grows around the prospect that the Federal Reserve will slow its pace of rate hikes, said Sam Khater, Freddie Macs Chief Economist.
  • Even as rates decrease and house prices soften, economic uncertainty continues to limit homebuyer demand as we enter the last month of the year.
  • 30-year fixed-rate mortgage averaged 6.49 percent as of December 1, 2022, down from last week when it averaged 6.58 percent.