Penny Stock Buzzers: BMNM, ICCT, SPODF, PNTZF

There are a number of stocks that have managed to make an impression among investors in recent times; however, it is often difficult for investors to track all of them. This feature would provide you with a look into some of the stocks that you may consider tracking at this point in time.

Bimini Capital Management Inc. (OTC:BMNM) On August 10, Bimini Capital Management Inc. announced its financial results for the quarter that ended on June 30, 2023. Here is a look at some of the key numbers: The company generated net income of $0.3 million, which worked out to earnings per share of $0.03.

The company ended the quarter with a book value of $1.34 per share. It was also announced that it would host a conference call, which would commence at 10 a.m. Eastern Time on August 11, 2023, to discuss the financial results. The Chairman and Chief Executive Officer of the company, Robert E. Cauley, spoke about the performance. He noted that there were certain key developments related to interest rates that created the macroeconomic conditions that drove its performance in the residential mortgage-backed security space.

iCore Connect Inc. (OTC: ICCT) The cloud-based technology and software leader iCore Connect Inc. is involved in boosting workforce productivity and profitability through its healthcare and enterprise workflow solutions. Yesterday, the company announced that the Arizona Dental Association Perks Partners Program had endorsed its iCoreVerify and iCoreExchange solutions. iCoreVerify is an automated insurance verification software application, and iCoreExchange is a HIPAA-compliant cloud-based email.

The endorsement brought the total number of endorsed products by the company to three. The first product from iCore Connect to have been verified was iCoreRxePrescription, which was endorsed in 2020.

The President and Chief Executive Officer of the company, Robert McDermott, spoke about the latest developments as well. He noted that the endorsement from AzDA of the two iCore solutions was an indication of the value that the company’s technology delivered to both dental and medical partners. He went on to add that, due to labor shortages, dental practices were suffering. However, the two products sought to provide a solution to those challenges.

Spod Lithium Corp. (OTC: SPODF) On Thursday, SPOD LITHIUM CORP came into focus after making a major new announcement. The company revealed that due to the improvement in the company’s properties in the James Bay region in Quebec, it would be possible for its long-awaited exploration initiative for 2023 at its Lithium Grande 4 and Megali properties to commence immediately.

The company announced that the exploration crew had arrived at the Megali property on August 9 and that exploration activities were supposed to begin yesterday. The company went on to note that it had contracted the services of the exploration company Explo-Logik Inc., based out of Quebec, for the initiative. The President and Chief Executive Officer of the company, Chris Cooper, spoke about the matter too. He noted that everyone at the company was excited at the prospect of getting back to exploration in the mineral-rich zone.

Trigon Metals Inc. (OTC: PNTZF) Yesterday, Trigon Metals Inc. announced that it had fully restarted the processing and milling activities at its Kombat Mine. It also noted that it had been successful in restarting the production of copper concentrate at its KombatMne plant in Namibia.

That move put the project on course to hit its commercial production targets by the end of next month. The President and Chief Executive Officer of the company, Jed Richardson, thanked the company staff, local partners, suppliers, contractors, and the Namibian government for their efforts in getting the mine back into production mode.

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