KWESST Micro Systems Inc (CVE:KWE) (OTCQB:KWEMF) announced Tuesday it has successfully achieved an important milestone with a weapons system under contract for a key military customer. The company said it has integrated its TASCS (Tactical Awareness Situational Control System) IFM (Integrated Fires Module) for the 81mm Mortar Fire Control System into the Android Tactical Assault Kit (ATAK) — the pre-eminent battlefield management system for NATO countries. As a result, KWESST said it will now proceed to the next phase of the contract, involving live-fire trials at various US military bases.
Snowline Gold Corp (CSE:SGD) has provided more details on its 603-hectares Cliff gold project, located in southwest Yukon’s Ruby Range placer gold district, which has produced alluvial gold since the early 1900s. The gold explorer said the Cliff project covers a series of pronounced gold-in-soil anomalies and was located through an extensive, iterative geochemical and geological exploration program throughout the Ruby Range vectoring to the most prospective areas.
ElectraMeccanica Vehicles Corp (NASDAQ:SOLO) announced Tuesday that it has selected Mesa, Arizona, in the greater Phoenix area, for its US-based assembly facility and engineering technical center. The company’s selection marks the end of a comprehensive, year-long site search conducted by ElectraMeccanica and its partner, BDO USA’s Site Selection & Incentives Practice. The company noted that Phoenix ranks as the fifth-largest city in the US, according to 2020 census data, with nearly 1.8 million residents. Mesa, a suburb of Phoenix, ranks 35th nationally.
Japan Gold Corp (CVE:JG) (OTCQB:JGLDF) (FRA:2LD) reported results from three scout drill holes at its Ohra-Takamine project on the island of Kyushu, which has underscored the exploration potential of the property. The holes hit arrow high-grade gold vein intercepts below the Urushi mine and multiple gold-anomalous quartz vein zones below the Ohra mine workings. The holes were drilled along a 3.5 kilometres corridor of alteration and epithermal-gold mineralization defined by the historic Ohra, Takamine and Urushi mines, which the Japanese government closed in 1943.
PharmaDrug Inc (CSE:BUZZ) (OTCPINK:LMLLF) said Tuesday it is starting DMT studies through a new collaboration with the University of Michigan. The Toronto-based pharmaceutical company is teaming up with the university’s Dr Jimo Borjigin to study the potential role of DMT, or N, N-dimethyltryptamine, in normal, diseased and altered states of consciousness in a newly-created animal model. Borjigin has been studying DMT since 2012 and published seminal research, including the discovery of DMT production in the pineal gland of live rats and comparable levels of DMT to common neurotransmitters.
Psyched Wellness Ltd (CSE:PSYC) (OTCQB:PSYCF) (FRA:5U9) said it has appointed Janeen Stodulski to the company’s board of directors. Psyched Wellness said Stodulski brings more than 30 years of diverse tax, financial, and business consulting knowledge to the company, along with extensive accounting experience through her senior roles in public practice, as a partner at MNP and Client Service Manager at Grant Thornton LLP, as well as board positions and C-suite roles with several companies.
African Gold Group Inc (CVE:AGG) (OTCMKTS:AGGFF) (FRA:3A61) revealed encouraging results from metallurgical testing of sulphide material from its Kobada gold project in Mali on Tuesday. Highlights from the test work include high average gold recoveries of 96.1%, according to a statement from the Toronto-based company. Sulphide ore is free-milling, or non-refractory, the company added, and the current processing plant design is “well-sized” to treat additional sulphide ore.
Victory Square Technologies Inc (CSE:VST) (OTCMKTS:VSQTF) (FRA:6F6) said it has signed and closed an asset purchase agreement to sell certain intellectual property (IP) assets related to a development stage virtual private network (VPN) platform to Cloud Nine Web3 Technologies Inc (CSE:CNI) (OTCMKTS:CLGUF). Under the terms of the deal, the company said it has received around 4.4 million shares of Cloud Nine at an issue price of $1.36 each, taking the total sale price to $6 million.
First Cobalt Corp (CVE:FCC) (OTCQX:FTSSF) (FRA:18P) said Tuesday it had received a further C$1.92 million in cash from an accelerated warrant exercise and that Cora Klein has joined the company as head of investor relations. Experienced executive Klein will be responsible for communicating the company’s strategy as it enters the construction phase for expansion and recommissioning of its Canadian cobalt refinery, the company said.
Great Bear Resources Ltd (CVE:GBR) (OTCQX:GTBAF) (FRA:0G6A) continues to deliver a string of high-grade gold results from the LP fault zone on the company’s Dixie project in Red Lake. Drill results from the northwest portion of the LP Fault included intersections of 25.1 grams per ton (g/t) gold over 4.3 metres (m), including a high-grade core of 197 g/t over 0.5m. The seven new assay results revealed Tuesday were completed along 250m of strike length located just over two kilometres (km) northwest of previous results, within the same continuously mineralized gold zone, according to Great Bear.
Idaho Champion Gold Mines Canada Inc (CSE:ITKO) (OTCQB:GLDRF) (FRA:1QB1) continues to see good grades near surface and depth at its Baner gold project in Idaho, the company said Tuesday, as it reported its latest drill results. Today’s assays hail from last year’s program, which comprised 11 diamond drill holes for 2,190 metres (m), seven of which were sunk centrally in the claim block, targeting the northern extension of mineralization discovered in 2018.
Metalla Royalty & Streaming Ltd (NYSEAMERICAN:MTA) (CVE:MTA) (FRA:X9C) revealed it had acquired a further accretive royalty on a large development project in Brazil that covers over 2 million ounces of gold. The company has struck a deal to acquire an existing 1% to 2% net smelter return royalty (NSR) on OZ Minerals’ (ASX:OZL) (OTCMKTS:OZMLF) (FRA:OXR) CentroGold project from Jaguar Mining (TSE:JAG), which includes an upfront payment of US$7 million in cash payable at closing and then up to US$11 million in cash and shares.
Love Hemp Group PLC (LON:LIFE) (OTCQB:WRHLF) said it signed an exclusive five year, multi-million-dollar global partnership deal with the Ultimate Fighting Championship (UFC), the world’s premier mixed martial arts organisation and the largest Pay-Per-View event provider in the world. The cannabidiol (CBD) and hemp product supplier said the agreement will commence on June 1 and includes a number of marketing activations and sponsorship opportunities and will also allow Love Hemp to access UFC’s physical and digital assets as well as marketing opportunities including usage of UFC trademarks, logos and brands.
CytoDyn Inc (OTCQB:CYDY) said it has appointed Christopher P. Recknor as its chief operating officer to assist the senior management team in defining and implementing the company’s overall business strategy and clinical development priorities, along with the requisite timelines. Recknor joined the biotechnology firm as vice president of clinical development in August 2020, before which, he served as a principal investigator in over 100 clinical trials for numerous global pharmaceutical companies including Amgen Inc, AstraZeneca PLC, Eli Lilly & Co, GlaxoSmithKline PLC, Merck & Co Inc, Novartis and Pfizer Inc.
Heritage Cannabis Holdings Corp (CSE:CANN) (OTCQX:HERTF) (FRA:2UE) said its weekly revenue exceeded C$1 million during the second week of March, the first time the company achieved this since the launch of its own brands in 2020. Heritage Cannabis noted that this sales milestone was achieved despite product availability still ramping up in Ontario and Alberta, two of Canada’s largest markets, and with orders pending from Quebec. “This achievement is an exciting milestone for Heritage as we continue to develop and innovate new products within our already popular brands,” Heritage Cannabis CEO Clint Sharples said in a statement.
Lexaria Bioscience Corp (NASDAQ:LEXX) (CSE:LXX) (OTCMKTS:LXR) announced Tuesday extensive progress in two of the four planned antiviral drug studies in its 2021 applied research and development (R&D) program. “It’s been a very productive start into 2021 with a total of seven studies across our various research programs currently underway,” said Lexaria CEO Chris Bunka in a statement.
Fury Gold Mines Limited (TSE:FURY) (NYSEAMERICAN:FURY) (FRA:AUN1) outlined some changes in the boardroom on Tuesday as the group positions for “the next phase” of its growth. Tim Clark, an experienced capital markets executive, becomes an independent director, while board member Jeffrey Mason has been named lead director. Blair Schultz, who was instrumental in the formation of Fury in 2020, and served as a board director and member of Fury’s audit committee, has resigned from the board, the company added.
Renforth Resources Inc. (CSE:RFR) (OTCQB:RFHRF) (FRA:9RR) told shareholders on Tuesday that its shares are now listed to trade on the OTCQB Venture Market in the United States, under the symbol RFHRF. This is in addition to its listing on the CSE, with the symbol RFR, and Frankfurt, with the symbol 9RR, the company said. Renforth also provided shareholders with an update on its field operations.
Great Panther Mining Limited (TSX:GPR) (NYSEAMERICAN:GPL) has announced that Jim Zadra, its chief financial officer, departed the company effective March 15, 2021. It said the responsibilities of Zadra will be transitioned to the company’s existing management team, including Shawn Turkington, vice president, Finance, and Sandra Daycock, vice president, Corporate Finance and Treasury, to support a smooth transition while the company conducts a formal search for a new chief financial officer. “Jim has been a member of our executive management team since September 2011. In that time, he has played a leadership role in the Company’s transition to a diversified precious metals producer and was integral in the Company’s acquisition of the Tucano Mine. We thank him for his contribution over the past nine years and wish him every success in his future endeavours,” said Rob Henderson, Great Panther president & chief executive officer in a brief statement.
CleanSpark, Inc. (NASDAQ:CLSK) has announced the pricing of its previously announced underwritten public offering of 9,090,910 shares of common stock at a public offering price of $22.00 per share. The gross proceeds are expected to be approximately $200 million, before deducting underwriting discounts and commissions and other offering expenses payable by the company. The offering is expected to close on or about March 18, 2021, subject to satisfaction of customary closing conditions. HC Wainwright & Co. is acting as the sole book-running manager for the offering. CleanSpark intends to use the net proceeds from the offering for working capital and general corporate purposes, including infrastructure expansion, the acquisition of additional cryptocurrency miners and further development of its mVoult product lines, as well as acquisitions or strategic investments in complimentary businesses, products, services or technologies
PyroGenesis Canada Inc. (TSX:PYR) (NASDAQ:PYR) (FRA:8PY) announced that it has elected to exercise its right under the common share purchase warrant indenture dated November 10, 2020, between the Company and AST Trust Company (Canada), to accelerate the expiry date of the common share purchase warrants issued under the indenture. The warrants will now expire at 5.00pm (Toronto time) on April 14, 2021. The warrants were issued on November 10, 2020, in connection with the bought-deal short form prospectus offering of units of the company, of which each unit was comprised of one common share of the company and one-half of one warrant. Each warrant entitles the holder to purchase one additional common share of the company at an exercise price of $4.50 prior to the new expiry date. If all the warrants were exercised as of the new expiry date, the gross proceeds to the company would be approximately $5.2 million. As of that same date, assuming all the warrants were exercised, the company’s cash on hand would be approximately $33.5 million.
Western Magnesium Corporation (CVE:WMG) (FRA:3WM) (OTCMKTS:MLYF) has advised that the date of the previously announced for The Wall Street Conference 2021 has been moved to Wednesday, May 5, 2021 at Mar-a-Lago in Palm Beach, Florida.
Delta 9 Cannabis Inc. (TSX:DN) (OTCQX:VRNDF) has announced that it will begin trading on the OTCQX Best Market under the new ticker “DLTNF” effective March 16, 2021. The company’s current symbol is “VRNDF”. The company requested the change to align its US trading symbol with its corporate name.
GGX Gold Corp. (CVE:GGX) (OTCQB:GGXXF) (FRA:3SR2) said it has closed its previously announced non-brokered private placement of March 9, 2021, by issuing 2,050,581 shares at a price of $0.1463 per unit for gross proceeds of $300,000. The units of the financing will comprise of one common share and a full share purchase warrant, which may be exercised for a period of three years at a price of $0.2438 per share. The proceeds of the private placement will be used for general working capital and continued exploration work at the company’s Gold Drop property near Greenwood in Southern British Columbia. The company announced July 16, 2021 as the hold expiry date for this final tranche. The closing of the private placement financing is subject to final TSX-V approval.
Global Energy Metals Corporation (CVE:GEMC) (OTCMKTAS:GBLEF) has announced that it will be hosting an InvestorTalk.com Webinar on March 17, 2021 at 9.00am EST. The pre-market webinar will provide a corporate overview presented by GEMC president & CEO, Mitchell Smith, followed by a live Q&A session. Participants may register for the InvestorIntel.com Investor Talks series webinar at the following link: https://investortalk.com/upcoming-events/ola/services/join-us-for-an-investor-talk-with-mitchell-smith-of-global-energy-metals-corp-tsxv-gemc-otc-gblef-fse-5ge1?olaT=2021-03-17T13%3A00%3A00.000Z&olaR=2644470
Globex Mining Enterprises Inc. (CSE:GMX) (OTCQX:GLBXF) has said it will be participating in Renmark Financial Communications Inc.’s live Virtual Non-Deal Roadshow Series to discuss its latest investor presentation on Wednesday, March 17, 2021, at 11.00pm PST (4.00pm EST). The presentation will feature Jack Stoch, Globex Mining president and chief executive officer. Topics to be covered will include the latest investor presentation followed by a live Q&A. Investors interested in participating in this event will need to register using the following link: https://www.renmarkfinancial.com/events/renmark-virtual-non-deal-roadshow-tsx-gmx-otcqx-glbxf/2021-03-17-200000. Registration for the live event may be limited but access to the replay after the event will be on the company’s Investor website.
Co-Diagnostics, Inc. (NASDAQ:CODX) said it has been invited to present at the Maxim Group LLC and M Vest LLC Inaugural Emerging Growth Virtual Conference, held virtually March 17-18, 2021. The company’s presentation is expected to include a discussion of its at-home and point-of-care rapid PCR diagnostics platform currently in development, as the platform relates to supporting coronavirus (COVID-19) testing initiatives at the places where interactions take place to help normalize work, school, home and travel routines. Participants can learn more about registering for the conference via the following link: https://www.m-vest.com/events/2021-emerging-growth-virtual-conference. An archived version of the presentation can be accessed on the Events and Webcasts section of the Co-Diagnostics website following the conclusion of the conference.
VolitionRx Limited (NYSE AMERICAN:VNRX) has said it will host a conference call on Tuesday, March 23, at 8.00am Eastern time to discuss its financial and operating results for the full fiscal year 2020, in addition to providing a business update. Cameron Reynolds, VolitionRx president and chief executive officer will host the call along with Terig Hughes, chief financial officer, Jake Micallef, chief scientific officer and Scott Powell, executive vice president, Investor Relations. The call will provide an update on recent developments and Volition’s activities, including details of new and ongoing clinical trials, important events which have taken place in 2020, and milestones for 2021 and beyond. Dial-in details are: US & Canada 1-877-407-9716 (toll free); UK 0 800 756 3429 (toll free; Toll/International 1-201-493-6779; Conference ID 13717672. A live audio webcast of the conference call will also be available on the investor relations page of Volition’s corporate website at http://ir.volition.com. In addition, a telephone replay of the call will be available until April 6 2021. The replay dial-in numbers are 1-844-512-2921 (toll-free) in the US and Canada and 1-412-317-6671 (toll) internationally; replay pin number 13717672.
Steppe Gold Ltd, (OTCQX:STPGF) has announced that Aneel Waraich, its executive vice president & director, will be attending the Q1 Virtual Investor Summit to be held from March 23-25, 2021, and giving a presentation on March 24, 20321, at 10.00am ET via the following link: https://zoom.us/webinar/register/WN_ZcwA7SvdRj2kzf86YdCEhg.
OTC Markets Group Inc. (OTCQX:OTCM), the operator of financial markets for 11,000 US. and global securities, has announced that HPQ-Silicon Resources Inc. (CVE:HPQ) (OTCQX:HPQFF), a Canadian-based company that offers innovative silicon (Si)-based solutions, has qualified to trade on the OTCQX Best Market and has today upgraded from the OTC Pink market. Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their US investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the US To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws. “We are pleased to have qualified to trade on the OTCQX Best Market from the Pink market today. This will make it easier for US investors to discover and invest in HPQ Silicon Resources Inc, as we continue our research, development and commercialization of advanced nanoscale silicon materials, in order to remain at the forefront of innovative processes for the storage and delivery of clean renewable energy,” said Bernard Tourillon, chairman and CEO of HPQ Silicon Resources.
Story by ProactiveInvestors
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 888-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 888-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
pathogens and gives you more
energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video)
Immusist Beverage Concentrate - Proprietary blend, formulated to reduce inflammation while hydrating and oxygenating the cells.