Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By ProactiveInvestors (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

NA Proactive news snapshot: Trillion Energy, EVmo, Victory Resources, Vuzix Corporation UPDATE …

% of readers think this story is Fact. Add your two cents.


Trillion Energy International Inc. (CSE:TCF) (OTCMKTS:TCFF) (FRA:3P2N) has announced plans to expand its offshore acreage at the SASB Gas field from its current 12,385 hectares by approximately 200,000 hectares, a 16 fold increase, aimed at discovering additional new gas resources proximate to its field and search for deeper gas potential. The company noted that the first step in this process is to conduct a technical study under a Technical Investigation Survey Permit of the surrounding area. The license fee for the permit is approximately US$40,000 for the 200,000 hectares. Upon receiving the permit, the company said it plans to reprocess existing 3D and 2D seismic shot over 15 years ago which covers the permit area. It said new methods for processing the seismic are expected to greatly improve the quality of the data allowing the company to define new exploration targets proximate to the production block but located outside the current boundaries.

EVmo Inc, formerly YayYo Inc (OTC:YAYO), a provider of vehicles to the rideshare and delivery gig economy sector, announced plans Wednesday to acquire a fleet of Tesla (NASDAQ:TSLA) electric vehicles and committed to going all-electric by the end of the year. The decision to double down on EVs reflects past announcements from companies including Uber Technologies Inc (NYSE:UBER) and Lyft Inc (NASDAQ:LYFT), both of which have pledged to exclusively utilize EVs by 2030. General Motors Company (NYSE:GM) has said it plans to completely phase out vehicles using internal combustion engines by 2035. “The future of mobility is electric,” EVmo CEO Steven Sanchez said. “Tesla is an obvious choice and we are excited to be one of the first Tesla rideshare fleet partners in the US that will deploy electric vehicles rather than gasoline-powered vehicles, for services like Uber and Lyft. Our EV commitment provides outsized climate benefits. The explosive growth in the gig economy and evidence that it’s cannibalizing more climate-friendly mass transit makes it important for EVmo to go all electric”.

Victory Resources Corporation (CSE:VR) (OTCMKTS:VRCFF) (FRA:VR62) expects the rig to be readied for drilling on its Loner property in Nevada in the week of March 15, 2021, and barring weather related delays, drilling should be completed around mid-April this year. “Victory Resources is currently mobilizing its crew and equipment to the Loner Property to begin a 500m drill program. The geologist will be on-site spotting holes and surveying sections beginning March 10th,” the company said in a brief statement Wednesday.

Vuzix Corporation (NASDAQ:VUZI) announced Wednesday a partnership with German market tech start-up rooom AG that offers an innovative all-in-one solution for 3D and Augmented Reality (AR) to support interest from customers in healthcare, education, field service, construction, manufacturing, and training. Vuzix said its combined solution with rooom AG addresses growth needs as businesses position for expansion in the wake of reopenings. The future of mobile workers across manufacturing, field service, and healthcare has begun to shift from in-person support towards a hybrid model of in-person and remote support, the company noted. 

GoviEx Uranium Inc (CVE:GXU) (OTCQB:GVXXF) (FRA:7GU) has revealed, in a letter to shareholders, that despite the challenges related to the coronavirus (COVID-19) pandemic, the company improved its financial position, advanced its pipeline of uranium mine development plans, specifically in Niger, and began the assessment of its gold prospects in Mali in 2020. GoviEx also said it expects the positive momentum of the last year to continue in 2021, fueled by the commitment to advance its mineral projects while focusing on fiscal discipline to maintain balance sheet strength. To that end, GoviEx completed a C$8 million private placement equity financing in January 2021, which combined with the C$7.3 million it raised during 2020 is expected to fund the potential accelerated development of its mine-permitted projects as the anticipated uranium market recovery continues through 2021. 

Pacific Empire Minerals Corp (CVE:PEMC) (OTCQB:PEMSF) has announced the appointment of Thomas Hawkins as the company’s new vice president of Exploration, effective immediately. The company noted that Hawkins has 18 years of international experience identifying, assessing, and advancing mineral exploration projects, discovering the Vanadium Pass deposit in British Columbia in 2018 as president of Vanmin Development Corp. “I am very pleased to welcome Thomas to our management team. His strong technical background and expertise in copper porphyry systems are invaluable, and we look forward to working together as we develop exploration targets and strategies at Jean Marie and across our portfolio of copper assets,” Pacific Empire Minerals CEO Brad Peters said in a statement.

Alternus Energy Group PLC (NOTC:ALT) has reported a turn to positive EBITDA and strong revenue growth in its financial results for the year ended December 31, 2020. The company, a fast-growing international independent power producer (IPP), headquartered in Ireland, with a focus on the midsized utility solar photovoltaic (PV) market, saw its full-year revenues increase by 77% year-on-year to €4.1 million in 2020, with Italy the largest revenue contributor at 41%, the Netherlands at 32%, and Romania 24% The group posted an EBITDA of €2.6 million as gross margins from operating parks almost doubled to €3.2 million, while corporate overhead costs reduced by 26%. Alternus Energy expects its EBITDA to increase to €18m in 2021 on completion of contracted acquisitions.

Empower Clinics Inc (CSE:CBDT) (OTCQB:EPWCF) (FRA:8EC) and MedX Health Corporation have announced a Memorandum of Understanding to pilot MedX’s DermSecure Screening Platform (teledermatology) at two select Empower Clinics locations in Ontario. In a statement Wednesday, Empower said there are plans for a broader market roll-out, pending the completion of a successful pilot. ”Empower exists to make testing, screening and diagnostics as convenient as possible for patients,” said Empower CEO Steven McAuley. 

Tomagold Corporation (CVE:LOT) has reported the initial results of its 2,502-metre drilling program on its wholly-owned Obalski property, in Chibougamau, Quebec, with the highlight being a hole showing 1.1 metres (m) at 47.4 grams per ton (g/t) gold and 7.06% copper. “These are great results for our first three holes on Obalski, as they show that the property hosts high gold, silver and copper grades, warranting a larger drilling program to define its potential,” said David Grondin, president and CEO of TomaGold in a statement. “Once we have the additional input from the three holes drilled on section 120 E, we’ll prepare a follow-up 10,000-metre diamond drilling program that we will start in the spring. The new program could yield some very interesting results, as our technical team will focus on targets both along strike and at depth that appear to have been overlooked by the previous owners,” he added.

ImagineAR Inc (CSE:IP) (OTCQB:IPNFF) (FRA:GMS1), an augmented reality (AR) company, has teamed up with blockchain and fintech firm Liquid Avatar Technologies Inc (CSE:LQID) (OTC:TRWRF) (FRA:4T51) to launch Oasis Digital Studios, an agency supporting the development of AR-enhanced non-fungible tokens (NFTs), the company announced Wednesday. An NFT is a digital asset that represents a wide range of tangible and intangible content, such as digital and conventional artwork, collectibles, memorabilia and other items. However, unlike most NFTs, which are generally digital video or images like an NBA Top Shot highlight or piece of artwork, Oasis will embed AR triggers in each NFT to support and introduce NFT programs, brands and participants.

Ready Set Gold Corp (CSE:RDY) (FRA:0MZ) announced that it has completed the Phase 1 drilling program at its flagship 100%-owned Northshore Gold project in northern Ontario. The company said the Phase 1 program, which consisted of 13 diamond drill holes for a total of about 2,900 metres (m) drilled, was designed to better understand the structural and geological controls of the mineralization of the historical Afric resource, with emphasis on high-grade gold.

Mountain Valley MD Holdings Inc (CSE:MVMD) (FRA:20MP) (OTCQB:MVMDF) announced Wednesday that it has achieved a water solubilized selamectin product using its patent-pending Quicksol technology. To date, the company noted, selamectin was considered a virtually water-insoluble molecule with tremendous potential in treating parasitic infestations in husbandry and companion animals, as well as mycobacterium-based infections, including buruli ulcer, leprosy, and tuberculosis. Mountain Valley MD said its scientists have successfully solubilized selamectin at 15mg/ml into a water solution without any organic solvents, which it believes is a critical achievement to allow formulation into topical application creams, oral rapid dissolve sublingual tablets, and injectable applications. 

XPhyto Therapeutics Corp (CSE:XPHY) (OTCQB:XPHYF) FRA:4XT) and its German diagnostics development partner 3a-diagnostics GmbH have announced successful EN ISO 13485 certification for the rapid point-of-care, SARS-CoV-2 RT-PCR Test System (Covid-ID Lab). XPhyto said this standardization and quality assurance certification provides authorization for distribution of Covid-ID Lab upon receipt of the CE mark (CE-IVD) approval. The company expects CE-IVD approval as an in-vitro diagnostic product in March 2021. EN ISO 13485 is the internationally recognized European standard for quality control and management systems in the design and manufacture of medical devices. It is accepted as the basis for CE certification of medical devices under relevant European directives and regulations. 

HighGold Mining Inc (CVE:HIGH) (OTCQX:HGGOF) said drilling at its Northeast Offset (NEO) target at its flagship Johnson Tract project in Alaska, had shown the area to be a distinct mineralized zone separate for the JT deposit. Wednesday’s reported assays hail from two holes, which showed, significantly new VMS-style mineralization in one, with highlights including 7.8 meters (m) at 6.1% zinc, 1.6% lead, 0.2% copper, 0.7 g/t gold and 36 g/t silver. 

Zynerba Pharmaceuticals Inc (NASDAQ:ZYNE) (FRA:6ZY) believes its operations and capital requirements to be fully funded into 2024, the company announced as part of its fourth-quarter and full-year results published Wednesday. As of December 31, the company had $59.2 million in cash and equivalents on hand, compared to $70.9 million on the same day a year earlier.  Since then, Zynerba has sold and issued more than 10 million shares of common stock, good for net proceeds of $42.2 million. All told, the company said that is enough capital to last “well into the first half of 2024.” 

Hannan Metals Limited (CVE:HAN) (OTCPINK:HANNF) (FRA:C8MQ) has unveiled high-grade channel sample results from the Tabalosos project in Peru, which lies within the huge package of land under its San Martin joint venture with Japan Oil, Gas and Metals National Corporation (JOGMEC). High-grade copper-silver outcrops have been delineated in two areas called Zona Este and Zona Sur, which have a combined 2.5 kilometre (km) strike length, noted the company. Highlight assays from Zona Sur include 6.2 metres at a grade of 0.8% copper and 19 grams per ton (g/t) silver, including 1.3m at 3.5% copper and 86 g/t silver.

Bragg Gaming Group Inc (TSE:BRAG) (OTCMKTS:BRGGF) (FRA:SL4A) reported that its wholly-owned subsidiary ORYX Gaming has signed an agreement to license its library of games and player engagement platform to Premier Gaming. Bragg Gaming said the revenue-sharing agreement will allow both companies to generate potentially new high-margin revenue with Bragg’s suite of industry-leading games and platform. “Bragg’s rapid growth trajectory is paving the way for us to become one of the largest online gaming platforms and content providers in the market,” Bragg Gaming Group Interim CEO Adam Arviv said in a statement. 

Naturally Splendid Enterprises Ltd (CVE:NSP) (OTCMKTS:NSPDF) (FRA:50N) announced Wednesday that it has received another hemp purchase order in South Korea. The company said the order is for another 20 tonnes of hulled hemp seed — representing the fourth shipment to South Korea since March 2020. With the continuing news and activity surrounding increased consumer demand for plant-based nutrition, Naturally Splendid said it is worth noting that hemp has the most digestible protein of any plant on earth.

Ximen Mining Corp (CVE:XIM) (OTCQB:XXMMF) (FRA:1XMA) has released prospecting sample results from its properties in the famous Nelson camp and near the Kenville mine.  A highlight was from the Ymir-Protection mine dump, which threw up 13.1 grams per tonne (g/t) gold and 145 g/t silver and 0.16% copper. 

Heritage Cannabis Holdings Corp. (CSE:CANN) (OTCQX:HERTF) has announced that the company’s RAD brand and its newest brand – feelgood., a high-quality, affordable health and wellness brand are now available for order in Manitoba. The company confirmed that the feelgood. Extra Strength CBD Oil has shipped and is already on the way to select provincial retailers. Additional products available for order from feelgood. include CBD Facial Rejuvenation Cream, Extra Strength CBD Muscle Cream, and Extra Strength THC Muscle Cream. Heritage noted that these products contain the highest potency of active ingredients available in the Canadian market today.

Gungnir Resources Inc (CVE:GUG) (OTCPINK:ASWRF) (FRA:AMO1) outlined Wednesday this year’s exploration plans at its Swedish projects, which includes up to 50 line-kilometres of IP geophysics and 2,500 metres (m) of drilling. The work is expected to kick off in the second quarter, once approvals are received and ground conditions allow. The company is advancing the Knaften property and its Lappvattnet and Rormyrberget nickel-copper-cobalt-PGE projects in northern Sweden.

Benchmark Metals Inc (CVE:BNCH) (OTCQB:CYRTF) (FRA:87CA) has hailed more good drill results from the AGB zone at its flagship Lawyers project in British Columbia, where near surface gold-silver mineralization over more than 650 metres (m) of strike and to a depth of 270m has now been outlined. ”This growing zone has the potential to provide open-pitable gold and silver ounces that will add substantial ounces to the upcoming mineral resource estimate,” said CEO John Williamson, in a statement on Wednesday.

OTC Markets Group Inc. (OTCQX:OTCM) said it has introduced Excel-based data sets associated with Bank Call Reports and Bank Holding Company Y-9 Financial Statements.  The operator of financial markets for 11,000 US and global securities noted that the latest initiative builds upon its multi-year strategy to provide technology and data that drives transparency.   Since 2019, OTC Markets has leveraged risk and performance analytics software, Qaravan, to provide investors, bank executives, regulators, and analysts with improved access to fundamental bank regulatory reports.

AgraFlora Organics International Inc. (CVE:AGRA) said it recently accepted the resignation of Christopher Hornung from the company’s board of directors. The company said Hornung’s amicable resignation facilitates the expected appointment of a new director to its board in the near future and is aligned with the recent appointment of Elise Coppens as Agraflora’s new chief executive officer (CEO) and director to implement the next phase of the company’s corporate strategy. It added that the directorship vacancy created by Hornung’s resignation will remain unoccupied until such a time as the company has completed the search to fill the role. “I would like to thank Chris for his tenure on the board of directors and his dedication to Agraflora over that time. We wish him well in his future endeavours and appreciate his professionalism throughout the transition process,” said AgreFlora CEO Coppens. “As we continue to reshape the organization for the future, the board and I are excited to have discussions with potential candidates, multiple of which have already been identified,” she added.

Tartisan Nickel Corp. (CSE:TN) (OTCPINK:TTSRF)(FRA:A2D) (has said it intends to commence a normal course issuer bid (NCIB), under which the company may purchase up to 5,246,456 of its common shares, representing approximately 5% of the issued and outstanding common shares of the company. Tartisan said it is commencing the “NCIB” because it believes that the underlying value of the Kenbridge Nickel Project, along with the company’s portfolio holdings, are not adequately reflected in the market price of its common shares. The company believes that the repurchase of its common shares for cancellation represents an appropriate use of its financial resources and will enhance shareholder value. The NCIB is expected to commence on March 17, 2021, and terminate on March 17, 2022. All common shares purchased under the NCIB will be purchased on the open market through the facilities of the Canadian Securities Exchange and/or alternative trading systems. All purchases made under the “NCIB” will be at the prevailing market price for the common shares at the time of purchase. Common shares acquired by the Company under the “NCIB” will be cancelled. Tartisan has appointed Independent Trading Group (ITG) Limited as its broker to conduct the NCIB purchases on its behalf.

Soma Gold Corp. (CVE:SOMA) (OTCQB:SMAGF) has announced that, effective March 10, 2021, its common shares are trading on the OTC Markets Group Inc.s (OTCQX:OTCM) OTCQB Venture Market under the symbol OTC: SMAGF. The company said its new listing significantly enhances both the access to and liquidity of Soma’s shares for US-based investors. Geoff Hampson, Soma’s executive chairman commented: “The upgrading of the Company’s OTC listing is a significant step in the transition of Soma from a development stage company to a full gold producer. This is a positive step in our plan to materially grow our investor base across multiple markets.” The OTCQB Venture Market is the premiere marketplace for early-stage and developing US and international companies.  Soma Gold shares will continue to trade on the TSX Venture Exchange (TSXV) under the symbol TSX-V: SOMA.

Alchemist Mining Inc. (CVE:AMS) said it has submitted an initial listing statement with the Canadian Securities Exchange, respecting its previously announced acquisition of assets from All Nations Cannabis Corp. The company also announces that it and All Nations have amended and restated the terms of their prior asset purchase agreement (APA) respecting the acquisition to provide for a holdback of up to 6.2% of the share consideration payable thereunder in the event two of the leases to be acquired by the company are not transferred to the company on closing. The amended and restated APA provides that, if the holdback leases are transferred to the company following the closing, the holdback shares will be issued to All Nations. The acquisition will be an arm’s-length transaction. There can be no assurance that the acquisition will be completed on the terms proposed in the amended and restated APA or at all. No finders’ fees are payable in connection with the acquisition, and no advances or other consideration will be paid by Alchemist to All Nations in advance of closing of the acquisition.

Weekend Unlimited Industries Inc. (CVE:POT) said it has issued a total of 1.45 million options pursuant to its incentive stock option plan to management, employees and consultants. Each option entitles the holder to subscribe for one common share of the company for 28.5 cents for a period of five years, subject to the terms of the plan. Over the past quarter, 526,000 options have lapsed or been cancelled.

Vanadiumcorp Resource Inc. (CVE:VRB) said the company’s annual filing schedule is impacted by the coronavirus (COVID-19) pandemic but it anticipates completion of the annual filing shortly, and thanks its shareholders for their patience and understanding.

Marrone Bio Innovations, Inc. (NASDAQ:MBII) has said it will release financial results for the fourth quarter and full-year ended December 31, 2020, after the market close on Tuesday, March 23, 2021, at 4:30 p.m. Eastern time. The company added that its management will host an investor conference call at 4.30pm. ET (1.30pm PT) on March 23, 2021, to discuss the results, provide a corporate update, and conclude with a Q&A from participants. To participate, investors can use the following information: US Dial-in: 1-866-248-8441; International Dial-in: 1-323-289-6581; Conference ID: 3024576 Webcast: http://public.viavid.com/index.php?id=143854. A playback of the call will be available through April 23, 2021. To listen, call 1-844-512-2921 within the United States or 1-412-317-6671 when calling internationally; use the replay pin number 1021625. A webcast will also be available for 30 days on the IR section of the Marrone Bio Innovations website or by clicking here: MBII Q3 2020 Webcast.

Co-Diagnostics, Inc. (NASDAQ:CODX) has announced that its CEO Dwight Egan will be presenting at the 2nd Annual MarketsandMarkets Infectious Disease Diagnostics and Point-Of-Care Testing Virtual Conference, to be held March 11-12, 2021. The company said Ean will deliver a presentation at 12.10pm ET on March 11, on Co-Diagnostics’ new rapid PCR point-of-care and at-home testing platform currently in development, and its potential use for coronavirus (COVID-19) testing at businesses, schools, homes, hotels, cruise ships, airports, airplanes and other locations, as well as its applications for other infectious diseases. The device is being developed and engineered for Co-Diagnostics by internationally renowned experts in rapid PCR applications, and whose previous medical device inventions are in widespread use around the world. Participants can register to attend at the following Conference link: https://events.marketsandmarkets.com/2nd-annual-marketsandmarkets-infectious-disease-diagnostics-and-point-of-care-testing-virtual-conference/

AIM ImmunoTech Inc. (NYSEAMERICAN:AIM) has announced that its chief executive officer, Thomas K. Equels has been invited to present at the Inaugural Emerging Growth Virtual Conference, presented by M Vest LLC and Maxim Group LLC. The conference will take place March 17-19, 2021, from 9.00am to 5.00pm ET, and feature roundtable discussions with C-suite executives moderated by Maxim Research Analysts, fireside chats with live Q&A, and presentations from hundreds of issuers, both domestically and internationally. To attend and access exclusive content, investors can sign up to become an M-Vest members via the following link: https://www.m-vest.com/events/2021-emerging-growth-virtual-conference. The presentation will be available on the investor relations section of AIM’s website at https://aimimmuno.com/events-presentations/.

Kintara Therapeutics, Inc. (NASDAQ:KTRA), a biopharmaceutical company focused on the development of new solid tumor cancer therapies, has announced that its chief executive officer Saiid Zarrabian will participate in Maxim Group’s 2021 Emerging Growth Virtual Conference taking place March 17-18, 2021.  The company said Zarrabian will be a speaker on a panel discussing glioblastoma and, more specifically, chemo-based and/or DNA repair target solutions. Investors can view Zarrabian’s panel participation at 9.30am ET on March 17, 2021, once they register for the conference via the following link:  https://www.m-vest.com/events/2021-emerging-growth-virtual-conference. An archived replay of the panel discussion will be available on the conference website. Investors can also request a 1×1 meeting to be arranged following the conclusion of the conference.

NEXE Innovations Inc. (CVE:NEXE), a leader in plant-based materials manufacturing, announced that it has been invited to participate at the 33rd Annual ROTH Growth Conference being held virtually on March 15-17, 2021. NEXE president, Ash Guglani, will participate in one-on-one meetings with investors and analysts during the conference. He will be joined by the company’s CEO, Darren Footz and its chief science officer, Dr Zac Hudson. To submit a registration request, investors can use the following link: https://www.meetmax.com/sched/event_70981/conference_home.html

Story by ProactiveInvestors



Source: http://www.proactiveinvestors.com/companies/news/943506/na-proactive-news-snapshot-trillion-energy-evmo-victory-resources-vuzix-corporation-update-943506.html


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

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.

MitoCopper - Bioavailable Copper destroys 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.

Report abuse
Loading...

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.