STOCKS TELEGRAPH

Author: ST Staff

  • What Explained Roscan (RCGCF) Stock Trending Up Last Session?

    What Explained Roscan (RCGCF) Stock Trending Up Last Session?

    The market capitalization of Roscan Gold Corp. (OTCPINK: RCGCF) rose 1.66% to $126.09M after closing at $0.3913 in the previous session. Roscan stock traded 242.07K shares recently, a decrease from its average daily volume of 322.66K. RCGCF stock increased when there were no current developments, so recent events may provide additional insight into RCGCF.

    Have there been any recent developments at RCGCF?

    A Canadian gold exploration company, Roscan focuses on the acquisition and exploration of gold properties throughout West Africa. As a result, RCGCF holds significant holders of large land holdings, all 100%-owned, in areas with producing mines and major gold deposits, both north and south of the Kandiole project.

    Roscan recently announced that it has entered into an arm’s length option agreement (the “Option Agreement”) with Harmattan Consulting SARL dated April 7, 2021.

    Upon agreement, RCGCF was granted the option to acquire 100% interest in one (1) gold and group mineral substances exploration and research permit. Those were for the subdivision of the Kayes Region of the Republic of Mali called “Bantanko Est, Cercle de Kenieba.”

    Acquisition’s status:

    Roscan (RCGCF) confirmed at that time that the initial cash payment is complete and that the first common shares have been issued. There will be a four-month hold period applicable to all securities issued by RCGCF under the Option Agreement.

  • Do You Know Why VDMRF Stock Climbed 3%?

    Do You Know Why VDMRF Stock Climbed 3%?

    During the last trading session, stock of Vanadium One Iron Corp [OTCPink: VDMRF] surged 3.18% to $0.2270. Vanadium One stock recorded volume of 2.00K against the 30-day Average Volume of 14.98K. During the last 52 weeks, the price of VDMRF stock ranged from $0.0512 to $0.3200. Vanadium One stock increased following its corporate update.

    What VDMRF has updated?

    Located in Toronto, Canada, Vanadium One explores the mineral world for vanadium. VDMRF focuses on the advancement of its 100% owned, vanadium-rich, magnetite iron ore project, Mont Sorcier, located in Chibougamau, Quebec. A large high quality magnetite iron resource is located on VDMRF’s Mont Sorcier Iron ore property, along with significant vanadium that can be extracted.

    In an overview of its development program at Mont Sorcier, near Chibougamau, Quebec, Vanadium One released a company update this week.

    • During the next nine months, VDMRF will initiate an applicable feasibility study.
    • Robert E. Girardin has also been appointed as Project Manager for the Mont Sorcier development project by VDMRF.
    • Girardin is a well-established, Quebec-based professional in the iron ore mining industry, with long experience in the operations of iron ore mines.
    • The Mont Sorcier iron and vanadium project will be worked on by Mr. Girardin as the VDMRF approaches completion of the Bankable Feasibility Study.

    What else is VDMRF up to?

    Following the recently announced $6.9 million capital raises in May, Vanadium One (VDMRF) is also putting its drilling program at Mont Sorcier into full swing. A feasibility study to begin mid- or late-2022 will use the VDMRF’s inferred mineral resources as the basis for converting sufficient measured and indicated mineral resources into a 20-year mine life.

  • How Has The CyberloQ (CLOQ) Stock Appreciated 16% In The Last Session?

    How Has The CyberloQ (CLOQ) Stock Appreciated 16% In The Last Session?

    CyberloQ Technologies Inc (OTCPINK: CLOQ) closed yesterday’s trading up 19.05% to $0.2500. As compared to the 17.01K average weekly volume of CyberloQ stock, 33.56K shares were traded in the session. Following the announcement that its advisory board has been expanded, CLOQ stock rose.

    Why has CLOQ expanded its advisory board?

    CyberloQ offers advanced, proactive and patented methods that secure its clients’ sensitive data. Clients are able to have complete control over their data with CLOQ’s advanced authentication algorithms, private blockchain, and industry-leading geofencing capabilities.

    CyberloQ CyberloQ, headquartered in Sarasota, Florida, has engaged industry leaders to market the company’s unique patented cyber-fraud prevention platform. As a new member of its Advisory Board, CLOQ welcomed Mr. Mike Meraviglia, a business executive with decades of experience.

    • CLOQ chose to hire him because of his technical and aeronautical background in different industries.
    • Having established contacts around the world, the management at CLOQ looks forward to him bringing CyberloQ to various companies.
    • With years of experience in international business as a pilot, Mike has an outstanding background.
    • As a Captain of Boeing 787s, Mike has experienced the importance of security in each and every aspect of an international, 24/7 operation throughout his 30+ year aviation career.

    How will this addition help CLOQ grow?

    CyberloQ (CLOQ) benefits from Mike’s experience in International Business Development and relationships in Europe and Asia. With his experience representing technology companies in global markets, Mike understands the importance of protecting personal and financial information and will be driving CLOQ’s deployment of its platform on an international scale.

  • What Caused CNVCF Stock to Drop About 4%?

    BioHarvest Sciences Inc. (OTCPK: CNVCF) closed lower by -4.13% to $0.2510 in the last trading session. During the session, 54.55K shares of BioHarvest stock changed hands, ranging from $0.2477 to $0.3000. CNVCF stock seems to have settled down after gaining more than 11% in the last session on achieving significant CBD milestones.

    How did those milestones come about?

    Based As the exclusive owner and developer of the patent-protected and proprietary BioFarming methods, BioHarvest has its roots in Vancouver, BC. CNVCF’s plant cell technology is the first industrially scaled technology that can produce active plant ingredients without growing the plants themselves.

    BioHarvest produces and sells VINIA, a functional food/dietary supplement made of red grapes cells. These are derived from CNVCF technology, which has been validated by VINIA as non-GMO.

    It was announced Tuesday by BioHarvest that certain critical tasks for the completion of its Cannabis development program had been completed.

    • As part of CNVCF’s BioFarming initiative, the company has developed a method to produce cannabis-derived cannabinoids without growing the actual plant itself.
    • Despite the numerous challenges presented by the Covid 19 Pandemic, CNVCF remains committed to producing Cannabis products that are top-of-the-line in terms of quality, consistency, and cleanliness, while still maintaining an extremely competitive price.
    • As early as the first half of 2022, BioHarvest anticipates commercializing its first products derived from Cannabis.
    • A number of milestones have been achieved by CNVCF in the past three months, including Measurement Methods, Drying, Nature of Trichomes, and Bioreactors.

    Does CNVCF know how to do it?

    In terms of its goals in the cannabis vertical, BioHarvest (CNVCF) made good progress. With its scientific advances in plant-based cell growth, CNVCF kept making history.

  • Chinese provinces banning crypto mining with full force

    Chinese provinces banning crypto mining with full force

    The Chinese government is not a fan of cryptocurrencies – to say the least. The country is responsible for at least 75% of Bitcoin mining or hashrate. The cheap electricity and established supply chains make mining is the country feasible. However, the government has had a strict stance against cryptocurrencies.

    Bitcoin is notoriously known for its high energy consumption. Mining a proof-of-work mechanism cryptocurrency – like Bitcoin – requires high energy. Unless the mining process shifts towards totally renewable sources, it cannot be sustained. China relies heavily on coal for electricity generation and the country has been trying to control its carbon emissions. The process had been hindered by the large Bitcoin mining industry that the country holds.

    In May, the Chinese State Council hinted towards a crackdown on Bitcoin mining in the country in order to facilitate its broader vision of zero net emissions. The vice premier Liu He vocalized that for financial stability in the country, the government will impose a ban on cryptocurrency mining. The news coupled with Elon Musk’s denouncing of Bitcoin as payment for his Tesla cars led to the market crash of cryptocurrency. A number of mining firms halted operations in the country while others stopped their supply of equipment to Chinese miners.

    Now, another province in China – Qinghai – has also imposed a ban on cryptocurrency mining. Qinghai’s Department of Industry and Information Technology has instructed all miners to halt operations and had said that no new miners will be approved. The provincial government will also be conducting random checks in order to ensure compliance with the new regulation.

    The governments of Xinjiang and Inner Mongolia have also ensured similar regulations to curtail cryptocurrency mining. Other provinces can be expected to follow suit – banning cryptocurrency mining. The news does not bode for the cryptocurrency market and a shift of crypto mining to another country seems imminent.

  • Is There Any Reason As To Why The NBIO Stock Expanded By 19%?

    Is There Any Reason As To Why The NBIO Stock Expanded By 19%?

    Nascent Biotech Inc (OTCQB: NBIO) closed at $0.0835 after gaining 19.29% last session. Nascent stock market capitalization now stands at $8.94 million. NBIO stock traded 1.70M shares recently, exceeding its average daily volume of 405.01K. NBIO stock rose as enrollment in the second cohort of the in-Human trial began.

    Why did NBIO conduct that trial?

    A clinical-stage biotech company, Nascent (NBIO) is developing monoclonal antibodies that will be used to treat cancer and viral infections. As of today, NBIO’s products aren’t commercially available. A monoclonal antibody (Mab), Pritumumab (PTB), is NBIO’s lead candidate for treating Brain Cancer. In line with NBIO’s COVID-19 treatment development program, PTB has been introduced as a treatment option.

    For its Phase, I trial for brain cancer, Nascent (NBIO) has begun enrolling patients for the second cohort in dosing. The NBIO trial may now attain the highest level of safety and efficacy without toxicity by doubling its dosage levels from the first cohort.

    In Phase I of the NBIO study, patients are continuing to enroll. The site www.clinicaltrials.gov lets interested parties review trial requirements and search for Pritumumab.

    How is NBIO handling it?

    NBIO completed its first cohort very quickly and is now enrolled in the second cohort of its dose escalation study. Natural human antibodies do their work bind to epithelial cancer cells’ surface proteins, Vimentin and Cell surface antibodies. The Nascent (NBIO) division uses PTB as immunotherapy to target only cancer cells and not healthy cells.

  • How Did The Tembo (TBGPF) Stock Rise 15%?

    How Did The Tembo (TBGPF) Stock Rise 15%?

    The shares of Tembo Gold Corp (OTCPINK: TBGPF) closed up 14.54 percent on Tuesday at $0.1245 and have traded between $0.1328 and $0.1116 in the session. Tembo stock gained over 10.18% last month, with an average monthly volume exceeding 22.01K shares. Following the announcement of positive preliminary results for a project, the price of TBPSF stock surged.

    How did TBGPF’s project do well?

    With a 100% stake in the Tembo Gold Project, Tembo is a Canada-based publicly-traded company engaged in mineral exploration and development. TBGPF is a company focused on gold exploration and development in Africa. The TBGPF team consists of highly experienced people with significant experience in developing, financing, and operating mining projects in Africa. TBGPF strives to discover new deposits as well as pursue additional prospects that can augment shareholder value.

    As part of its geological evaluation, Tembo this month announced the results of the first tests conducted in conjunction with GoldSpot Discoveries Corp. (“GoldSpot”). August 20th, 2020 marked the announcement of the collaboration agreement between TBGPF and GoldSpot.

    Using the technology of artificial intelligence computing and the broad experience and knowledge of their multidisciplinary team of geoscientists and data scientists, GoldSpot is re-interpreting the TBGPF data and providing structural targets for ongoing gold explorations in the Tembo project area.

    How is TBGPF progressing?

    In preparing a drilling program, Tembo (TBGPF) is focusing on creating detailed structural information regarding newly prioritized zones of mineralization. Based on a review of the lithological, structural, and assay data presented by this initial drill program, the TBGPF has recommended more comprehensive exploration activities, including geochemical and geophysical surveys.

  • On What Basis Did Anfield (ANLDF) Stock Rocketed 24%?

    On What Basis Did Anfield (ANLDF) Stock Rocketed 24%?

    The share price of Anfield Energy Inc (OTCQB: ANLDF) closed at $0.1390 on Tuesday, up 24.00 percent. Anfield stock had a good year with price rises of 84.66 percent, reaching $0.1590 with a market capitalization of $35.65M. Recent developments might provide more insight into the ANLDF, given that ANLDF stock surged in the absence of relevant news.

    ANLDF has anything new recently?

    Anfield is a company that develops and produces uranium and vanadium. As one of the top providers of energy-related fuels, ANLDF aims to create value by utilizing its assets in an efficient and sustainable manner. In addition, ANLDF develops precious metals.

    In response to investor interest, Anfield has closed its non-brokered, upsized private placement last month.

    • With 57,645,295 Units sold for $0.085 each, the private placement raised gross proceeds of $4,899,850.
    • One Unit consists of one ANLDF common share and one share purchase warrant, each warrant entitling the holder to buy one additional common share of ANLDF for a period of twenty-four (24) months at a price of $0.13.
    • With respect to the Offering, Red Cloud Securities, Inc. conducted the search.
    • There is a hold period until September 15, 2021 for all ANLDF securities issued as part of this Offering.
    • To facilitate the closing of the Offering, ANLDF paid $271,292 to finders who helped introduce subscribers and issued 3,156,671 warrants to them.

    What is the ANLDF’s plan for the proceeds?

    Anfield (ANLDF) will use the proceeds of the private placement to develop its vanadium/uranium properties on the West Slope. In addition, ANLDF plans to use the proceeds to develop the Charlie Project and other Wyoming-based ISR projects, the Newsboy Gold Project, and to fund general operating costs.

  • Why Did Avianca (AVHOQ) Stock Plummet In Last Trading?

    Why Did Avianca (AVHOQ) Stock Plummet In Last Trading?

    The stock price of Avianca Holdings S.A. (OTCPK: AVHOQ) fell by -16.24% to $0.6868 in the last session, reducing the firm’s market capitalization to $3.66M. AVHOQ stock traded at 826.36K shares, more than its average daily volume of 120.72K. Recently, AVHOQ stock experienced declines despite a lack of current news, so recent developments may prove helpful for investors.

    What recent events occurred at AVHOQ?

    Avianca trademark refers to the group of passenger airlines and cargo airlines owned by Avianca Holdings S.A. Within the United States, Central America, the Caribbean, Colombia, and South America, as well as internationally, Avianca and its subsidiaries ship passengers and cargo. Air Transportation and Loyalty are AVHOQ’s two segments. Aircraft maintenance, crew training, and other airport services are also available from AVHOQ. Since it was founded 100 years ago, AVHOQ has continuously flown.

    Avianca Neuhauser was recently appointed as President and Chief Executive Officer of Avianca. Anko van der Werff has resigned from his role at AVHOQ and has been appointed CEO of a company in Europe. The AVHOQ Board of Directors will welcome Mr. Van der Werff as a new member and, for the sake of a seamless transition, he will continue to be an advisor until the middle of June.

    A look at the new CEO of AVHOQ:

    Mr. Neuhauser, formerly CFO, joined Avianca in 2018 and served as President most recently. He reports to the CFO, Vice President of Legal Affairs, General Counsel, and the Vice President of Purchasing. A corporate restructuring process was also overseen by Mr. Neuhauser during his tenure with AVHOQ.

  • Has Salazar (SRLZF) Stock Risen Last Session For A Reason?

    Has Salazar (SRLZF) Stock Risen Last Session For A Reason?

    The market cap of Salazar Resources Ltd (OTCQB: SRLZF) reached $45.37M after the stock increased by 13.39% in the last session to $03100. Salazar stock has 146.36M outstanding shares and 89.54M float. Drilling results and mineralization opening contributed to the rise in SRLZF stock.

    Which project did the results pertain to?

    Salazar Resources creates value in Ecuador by exploring, exploring, and developing. In Ecuador, SRLZF’s team has an unrivaled understanding of geology and helped discover the two newest operating gold and copper mines, among many others.

    Salazar’s Los Osos project in El Oro, Ecuador (“Los Osos”), the company announced yesterday that the company’s latest drilling holes OSO-03 and OSO-05 confirmed the widespread presence of mineralization from the surface to the depth.

    • SRLZF has identified mineralization in both holes extending to about 400 m in all directions and to great depth.
    • SRLZF So far, SRLZF has drilled 3,113 metres in five holes at Los Osos.
    • A number of SRLZF studies have already been reported, including OSO-01 (647 m) and OSO-02 (576 m).
    • Results have been received for hole OSO-03, which reached 597 m deep.
    • In order to test a surface anomaly in the area, hole OSO-04 has been drilled to a depth of 430 meters in the south.
    • SRLZF has received samples downhole to a depth of 318 m from this hole, but no significant results have been observed.
    • The remaining 112 m are awaiting analysis.
    • A total of 864 meters was drilled in hole OSO-05, which is located 200 m northeast of OSO-03.
    • Logging and sampling have been done of the first 500 m of OSO-05, and samples have been sent to the lab for analysis.
    • The results of the tests are pending.

    Salazar’s work plan:

    Salazar (SRLZF) has returned to Pad 1 to drill west after the drill had been moved 500 meters. SRLZF’s drilling program at Osos is a live program, as shown in the following plan. Results may affect whether the team drills holes 7 and 8.