Newsfile Corp
03 Jul 2026, 11:30 UTC · 2h ago
Element 29 Renews IR Consultant Agreement and Engages Market Maker
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
Newsfile Corp
03 Jul 2026, 11:30 UTC · 2h ago
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
What the story claims
3 claims · each scored for market impact
Element 29 has completed 28,079 metres of diamond drilling at the Elida deposit, with core assay results pending for three specific holes. — Pending assay results from active drilling are the primary drivers of value and volatility for junior exploration companies.
+0.40The company has entered into a market-making agreement with Velocity Trade Capital Ltd. to improve share liquidity and reduce volatility. — Market-making services generally reduce trading friction and can support a more stable price floor, though they don't change fundamental value.
+0.20Element 29 renewed its 12-month Investor Relations agreement with Port Guichon Strategic Advisory. — IR renewals are standard operational activities aimed at increasing visibility but rarely drive immediate price action.
+0.10Which stocks this story touches
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The company is actively advancing its Elida project with ongoing drilling and implementing strategies to improve market liquidity and investor awareness.
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