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NA Proactive news snapshot: Else Nutrition Holdings, Revive Therapeutics, The Parent Company, Elys Game Technology UPDATE ...

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Else Nutrition Holdings Inc (CVE:BABY) (OTCMKTS:BABYF) announced it had retained A-Labs Advisory & Finance Ltd to provide shareholder communications services. A-Labs is one of the industry’s leading managers of capital markets strategies. Hamutal Yitzhak, Else CEO, commented: “A-Labs have been advising the company along its path of growth in the capital markets. We believe they can bring significant added value to our investor relations in achieving our capital markets objectives as we continue with our commercial execution. We are excited to work with them on our investor communications initiatives.” Doron Cohen, A-Labs CEO added: We are excited to help this unique company get center-stage exposure with our institutions, family offices and retail investors as one of the top Alternative Protein players in the market today.” Under the agreement will provide its services for a period of two months, in consideration for a total fee of $70,000 US dollars.

Leede Jones Gable, the investment firm, says that the scientific rationale behind Revive Therapeutics Ltd’s (CSE:RVV) (OTCMKTS:RVVTF) (FRA:31R) rheumatoid arthritis drug Bucillamine being a potential treatment for coronavirus (COVID-19) is based on “solid pharmacologic” data. Ontario-headquartered biotech Revive is focused on commercializing therapeutics for infectious diseases and rare disorders and its US government-approved rheumatoid arthritis treatment Bucillamine is currently the subject of a 1,000-patient pivotal Phase III US-based COVID-19 trial. The study currently has 40 sites in 14 US states and is on track to meet its planned patient enrollment goal in the third quarter this year.

TPCO Holding Corp aka The Parent Company (NEO:GRAM.U) (OTCQX:GRAMF), said it is launching a new delivery hub in Chula Vista, California, to provide improved access to its quality cannabis products through Caliva‘s on-demand direct-to-consumer platform. The new hub will service an additional 3.3 million residents of the greater San Diego area, expanding the reach of the company to directly service around 60% of California’s population. The Parent Company is California’s leading vertically integrated cannabis company. 

Elys Game Technology Corp (NASDAQ:ELYS) (NEO:ELYS) said it will showcase its new US retail sports betting platform Elys Gameboard US at the United Tote Company booth during the upcoming National Indian Gaming Association (NIGA) Trade Show in Las Vegas. The company said its Elys Gameboard solution is one of the newest and most advanced certified betting technologies available for gaming operations in the US. Built on microservices with a distributed model architecture, Elys Gameboard will be introduced to the US market as an innovative, cost-effective betting technology solution. 

Fobi AI Inc (CVE:FOBI) (OTCQB:FOBIF), a provider of real-time data analytics through artificial intelligence, told shareholders that it had finished multiple pilot tests, boosted its balance sheet and was on track with its plans to uplist to a major exchange by the end of this year. In a corporate update, Fobi CEO Rob Anson said: “Despite the challenges presented by the pandemic in getting our pilot tests adequately evaluated by our major international retailers, I am happy to report that multiple pilots have successfully made it over the finish line and that 2021 is on track to be the year Fobi becomes a major global player in the world of real-time data analytics.”

Marble Financial Inc (CSE:MRBL) (OTCMKTS:MRBLF) (FRA:2V0) has joined the Financial Data and Technology Association, which provides its members with a collective seat at the industry negotiation table on several policy working groups, expert advisory groups, and task-forces related to open banking. Since 2016, Marble and its identity and bank verification subsidiary Inverite have leveraged customer-owned data for strategic data science initiatives strictly for the benefit of members through products and services that empower everyday Canadians excluded from major financial institutions. Marble noted that it and Inverite ensure industry-leading, up-to-date consent protocols that are user-friendly, secure, and flexible, giving members complete access and control to their credit and banking data through an extensive state-of-the-art security program and SOC 2 Type 1 standards.

Nomad Royalty Company Ltd (TSE:NSR) (OTCQX:NSRXF) announced it had sold 2,577 gold equivalent ounces during its second quarter and 8,152 ounces so far in 2021. The royalty company said it realized preliminary revenue of US$4.6 million for the quarter and $14.2 million throughout the year, resulting in a preliminary operating cash margin of US$4 million and $11.9 million respectively. Gold deliveries were lower than the 5,575 ounces the company saw in the first quarter of 2021, primarily because of lower production from two of its mines. 

Alpine 4 Holdings Inc (OTCQB:ALPP) said its Vayu Aerospace Corporation subsidiary has successfully demonstrated its G1 and US-1 airframes to several customers in the energy and mining industries. Alpine 4 also noted that, in all cases, both the G1 and US-1 drones demonstrated superior flight time along with an agility to work in tight spaces, such as power lines, while covering a great distance between energy generation locations. “Several attendees expressed that our airframes would revolutionize their current work environment by reducing the time taken to perform cumbersome and laborious tasks,” Alpine 4 Holdings CEO Kent Wilson said in a statement. 

Byrna Technologies Inc (NASDAQ:BYRN) (CSE:BYRN) said it has upsized and priced its previously-announced public offering of company stock, with plans to issue 2.5 million of its common shares, at a price of $21 per share, for gross proceeds of about $52.5 million, before deducting underwriting discounts and commissions and offering expenses. Byrna noted it intends to use the net proceeds of the offering for working capital and other general corporate purposes. The offering was upsized from the previously-announced 2,250,000 common shares. 

PyroGenesis Canada Inc (TSE:PYR) (NASDAQ:PYR) (FRA:8PY) CEO P Peter Pascali is set to sell up to 765,000 company shares, which are held by Fiducie de Crédit Mellon Trust under an automatic securities disposition plan (ASDP). The ASDP will allow for an ‘orderly disposition’ of a small portion of shares held or controlled by Pascali at prevailing market prices during the period from July 15 to August 6, 2021, the high-tech group said in a statement. Prior to any sales, as of July 15 this year, his aggregate total ownership was around 81.2 million shares or 48.44%. Assuming the completion of the proposed disposal, 765,000 shares, representing 0.46% of the shares, will be sold by the Trust, resulting in his total ownership dropping to around 80.4 million shares, representing 48.2% of the issued and outstanding shares.

Ximen Mining Corp (CVE:XIM) said the TSX Venture Exchange has accepted for filing documentation pertaining to property purchase agreements dated June 25, 2021, and June 29, 2021, between Ximen Mining Corp., and Classic Financial Corp., Mike Kennedy, Ray Morton, Paul Ransom, Torrey Fredlund and The Fredlund Group, pursuant to which the company can acquire a 100% interest in 139 mineral claims covering 12,767 hectares, located 15 kilometres northeast of Cranbrook in the Fort Steele mining division of British Columbia, known as the Wild Horse Creek property. In consideration, the company will issue 3,455,000 shares to the vendors. The vendors will retain a 1.0% net smelter return royalty on the property, which can be purchasable at any time by the company for $1 million.

Story by ProactiveInvestors


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