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NA Proactive news snapshot: NetCents Technology, Nomad Royalty Company, The Valens Company, Melkior Resources …

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NetCents Technology Inc (CSE:NC) (FRA:26N) (OTCQB:NTTCF), a cryptocurrency payments company, announced that it continues to process cryptocurrency transactions at a record pace, including $19 million in March, its largest transactions volume in a month.  That figure topped its February volume of $6.7 million by 172% and January volume of $8.2 million by more than 122%, the company said.  “Our 2021 momentum keeps building with another record month of transaction volume,” CEO Clayton Moore said in a statement. “For our team to continue achieving such significant month-over-month and year-over-year growth numbers is a testament to our ability to execute on our business plan and continued acquisition of merchants and partners and to drive long-term shareholder value.”

Nomad Royalty Company Ltd (TSE:NSR) (OTCQX:NSRXF) (FRA:IRLB) has unveiled changes to its Mercedes and South Arturo precious metals streams in the Americas following the acquisition of Premier Gold Mines by Equinox Gold Corp (NYSEAMERICAN:EQX) (TSE:EQX) (OTCMKTS:EQXWF) (FRA:1LRC) to create a new US-focused group called i-80 Gold Corp.  The company has agreed to an amended and restated purchase and sale agreement over the Mercedes mine in Mexico and a new purchase and sale deal with i-80 Gold on the South Arturo mine in Nevada, US. 

The Valens Company Inc (TSX:VLNS) (OTCQX:VLNCF) (FRA:7LV) said it has entered into an agreement with the Manitoba Liquor & Lotteries Corporation to supply and distribute a wide range of cannabis products to LGCA-licensed private retailers in the Canadian province of Manitoba. The cannabis products maker said the deal expands its distribution network to five provinces in the country, with its business already sending products to Alberta, British Columbia, Ontario, and Saskatchewan.

Melkior Resources Inc (CVE:MKR) (OTCMKTS:MKRIF) (FRA:MEK1) said it had completed a maiden 1,449 metres (m) of drilling at its Val D’Or property in Quebec, encountering “multiple mineralization and alterations”. The company said 705 samples were obtained during the work, which targeted geophysical anomalies that could be related to one or more western extension of the “Vein Zone” area, which is being explored by Eldorado Gold Corp. 

Algernon Pharmaceuticals Inc (CSE:AGN) (OTCQB:AGNPF) (FRA:AGW) plans to file an End-of-Phase 2 meeting request for a potential Phase 3 trial using Ifenprodil to treat coronavirus (COVID-19).  The company told investors it will formalize its discussions with the US Food and Drug Administration (FDA) with the application, based on the completion of the Phase 2b trial. Algernon said it had completed its initial review of the full data set and will look for the FDA’s guidance on how to move forward with the Phase 3 portion of the study. 

Victory Resources Corporation (CSE:VR) (FRA:VR61) (OTCPINK:VRCFF) said its exploration team led by its vice president of exploration David Deering began a diamond drilling program at the Loner property in Nevada on April 6. The company said the program calls for 7 to 10 short diamond drill holes in the vicinity of the historical workings, which exploited the Loner vein system, adding that the holes will vary between 50-70 meters while the program is expected to take between 30-35 days.

CO2 GRO Inc (CVE:GROW) (OTCQB:BLONF) (FRA:4021) has announced the start of a commercial feasibility of its CO2 Delivery Solutions system at The Cucumber Man, a greenhouse grower based in Alberta. CO2 GRO said the commercial feasibility’s goals include increasing tomato fruit yield, reducing the potential spread of pathogens, and lowering overall production costs, which is expected to lead to increased profitability

“We are very excited to work with The Cucumber Man as our first client in Alberta. We are confident they will see a significant yield improvement during the warmer months when they vent CO2 gas,” Aaron Archibald, CO2 GRO vice president of Sales & Strategic Alliances said in a statement.

Idaho Champion Gold Mines Canada Inc (CSE:ITKO) (OTCQB:GLDRF) (FRA:1QB1) hailed the results of last year’s soil sampling at its Champagne Gold project in Idaho, which showed elevated gold, silver, and base metals values over a large area. An induced polarization (IP) survey in 2020 pointed to a shallow zone of increased chargeability at the so-called Mine Hill anomaly and a deeper, larger chargeable zone 800 metres northwest called the NW anomaly, but the former is interpreted to represent the upper portion of the latter. 

Safe-T Group Ltd (NASDAQ:SFET) (TASE:SFET) has announced that its ZoneZero solution, developed by its wholly-owned subsidiary Safe-T Data A.R Ltd, has been successfully added to the National Aeronautics and Space Administration (NASA) Solution for Enterprise-Wide Procurement contract vehicle (SEWP-V).  The company said the inclusion of Safe-T’s solutions to the SEWP vehicle was made possible by its lead distributor in North America, Philemon Security USA, through its channel partners. Safe-T said its innovative ZoneZero solution is an ideal fit for the defense and federal sectors, as secure access is vital for all business aspects. 

Zinc8 Energy Solutions Inc (CSE:ZAIR) (OTCPINK:MGXRF) (FRA:0E9) has announced the planned deployment of its patented Zinc-air Energy Storage System (ZESS) at the University at Buffalo (UB). The company said this collaboration with the New York Power Authority (NYPA) marks the first long-duration use in New York State and a development that will support further integration of renewable power sources into the grid. It added that the selection of the site will allow for the demonstration of a 100 kilowatt/1 megawatt Zinc-Air Battery Energy Storage System in Buffalo to facilitate the wider use of renewable resources. 

AgraFlora Organics International Inc (CSE:AGRA) (OTCMKTS:AGFAF) (FRA:PU31) CEO Elise Coppens told shareholders the “transformational sale” of two of its assets provided the company with the financial flexibility to look at entering more lucrative markets. On Tuesday, AgraFlora struck an agreement to sell The Edibles & Infusions Corporation (EIC), an entity in which AgraFlora owns 43%, to Organigram Holdings Inc (TSE:OGI) (NASDAQ:OGI) (FRA:0OG) for $35 million. Earlier this month, the Vancouver, British Columbia-based company which grows, distributes, and markets premium cannabis and cannabis-infused products, also struck a definitive agreement to sell its wholly-owned subsidiary AAA Heidelberg Inc (AAA) for around C$1 million in cash. 

BetterLife Pharma Inc (CSE:BETR) (OTCQB:BETRF) (FRA:NPAU), a company developing second-generation psychedelics for neuropsychiatric disorders, announced that former Food and Drug Administration (FDA) Psychiatry Division Director Thomas Laughren is joining the company as a regulatory advisor.  Laughren led the Division of Psychiatry Products and the Center for Drug Evaluation and Research at the FDA. He oversaw the review of all psychiatric drug development activities conducted under investigational new drugs (INDs) and the review of all new drug applications (NDAs) and supplements for new psychiatric drug claims, the company said. 

First Cobalt Corp (CVE:FCC) (OTCQX:FTSSF) (FRA:18P) has appointed experienced commodities industry executive Michael Insulan as vice-president of commercial to market the group’s refined cobalt sulfate production to electric vehicle (EV) manufacturers and battery makers. “With the commissioning of our Canadian cobalt sulfate refinery expected in October 2022, recruiting Michael to join our team is another executed step in our strategic plan,” said Trent Mell, First Cobalt’s CEO, in a statement. “His experience and global network of contacts in the battery materials space will be invaluable to marketing what we expect will be the world’s most sustainably sourced cobalt.”

Empower Clinics Inc (CSE:CBDT) (FRA:8EC) (OTCQB:EPWCF), an integrated healthcare company, announced a partnership with leading digital marketer Snow Agency to launch its direct-to-consumer e-commerce solutions. The Snow Agency’s customized brand strategies and content production maximize the impact of direct response ads on Facebook/Instagram, Google/YouTube, Snapchat, and Email/SMS. The digital marketing and creative agency has so far generated over $250 million in sales for its clients. In January 2021, the Snow Agency was ranked as the #1 US Digital Marketing Agency & Digital Agency by Design Rush on Yahoo! Finance. 

O3 Mining Inc (CVE:OIII) (OTCQX:OIIIF) has announced the appointment of Mélissa Desrochers to its board of directors. Desrochers is an experienced consultant with a background in strategic communications and stakeholder engagement for major and complex projects within the mining industry, the company said. She is currently a public affairs, communications, and stakeholders engagement consultant for a Québec company. 

Heritage Cannabis Holdings Corp (CSE:CANN) (OTCQX:HERTF) (FRA:2UE) said it has expanded its relationship with Merida Capital Holdings to rapidly advance Heritage’s US product distribution strategy. Merida, a strategic shareholder in Heritage Cannabis, will help introduce Heritage’s brands and products into select states where medical and/or recreational cannabis is legal, or soon expected to be, starting with Michigan, Missouri, West Virginia, and California.

KWESST Micro Systems Inc. (CVE:KWE) (OTCQB:KWEMF) has released approved footage and pictures of the KWESST TASCS Integrated Fires Module (IFM) in action in live-fire exercises at a US. military base. These exercises are being held pursuant to a contract with a key US military customer. The video and photos depict the TASCS IFM system fitted on the 81 mm mortar and firing at a range of 2,600 metres. With TASCS IFM, the mortar team is able to acquire targets in 15 seconds compared to the traditional 15 minutes, and engage targets with unprecedented accuracy. The 81mm mortar is just one of many firing platforms that can be fitted with the TASCS IFM systems and requires no modification of the firing platform or ammunition. It effectively turns a traditional “dumb” firing platform into a “smart” weapons system by providing soldiers on the ground with real-time networked situational awareness and precision targeting information. Investors can view the video via the following link: https://www.youtube.com/watch?v=K4oOEczVOkM. The pictures are available at: https://kwesst.com/systems/tascs-ifm/

Canada Silver Cobalt Works Inc. (CVE:CCW) (OTCMKTS:CCWOF) (FRA:4T9B) said it has closed a non-brokered private placement by way of issuing 2,021,276 flow-through units (FT Units) at a price of $0.47 each raising gross proceeds of $950,000.  Each FT Unit is comprised of one flow-through common share of the company and one half of one share purchase warrant.  Each whole warrant will entitle the holder to purchase one additional common share of the company at an exercise price of $0.58 per share, for a period of two years from closing, subject to TSX Venture Exchange approval. The company has paid Finder fees in the amount of $66,500 and issued 141,490 finder warrants in connection with the FT private placement.  The finder’s warrants are on the same terms as the financing warrants.  The finder fees are subject to Exchange approval.

BioPorto A/S (CPH:BIOPOR) said its share capital has been increased by normally DKr 1,172,500, corresponding to 1,172,500 new shares, as a result of the exercise of warrants issued under the company’s incentive warrant program. Total proceeds from the capital increase amount to approximately DKr 4.4 million. After the share capital increase, the company’s share capital amounts to nominally DKr 267,754,404 divided into 267,754,404 shares each carrying 1 voting right, corresponding to a total of 267,754,404 voting rights.

Bragg Gaming Group (TSX:BRAG) (OTCMKTS:BRGGF) said it has filed a new preliminary short form base shelf prospectus with securities regulators in each of the provinces and territories of Canada. “Filing the prospectus will provide us with the flexibility to pursue future growth initiatives,” said Adam Arviv, Interim CEO of Bragg. “We have an aggressive growth strategy and this will ensure that we have the structure in place that allows us to accelerate our plans as necessary to capitalize on market opportunities.” The base shelf prospectus, when made final, will permit the company to offer and sell common shares, unsecured debt securities, subscription receipts, warrants, other securities convertible or exchange for common shares or other securities of the Company or any combination thereof in various offerings having an aggregate value of up to C$500 million during the 25-month period that it remains effective. The specific terms of any offering of securities, including the use of proceeds from any offering, will be set forth in a shelf prospectus supplement.

OTC Markets Group Inc. (OTCQX:OTCM), the operator of financial markets for 11,000 US and global securities, has announced that NG Energy International Corp. (CVE:GASX) (OTCQX:GASXF), a publicly-traded E&P company, 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. “Trading on the OTCQX Best Market is an important step in providing NG Energy access to a broader US investor audience and raises the Company’s profile as it pushes towards achieving production at its Maria Conchita field and commences its fully funded four well exploration program at its flagship Sinu 9 block this year,” said Serafino Iacono, CEO of NG Energy International Corp. “We would like to thank all our shareholders for their ongoing support.”

Story by ProactiveInvestors



Source: http://www.proactiveinvestors.com/companies/news/946066/na-proactive-news-snapshotnetcents-technologynomad-royalty-companythe-valens-companymelkior-resources-946066.html


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