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NA Proactive news snapshot: LexaGene Holdings, PharmaDrug, Mandalay Resources Vicinity Motor, CleanSpark ...

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LexaGene Holdings Inc (OTCQB:LXXGF) (CVE:LXG) (FRA:5XS2) has announced a strategic relationship with intellectual property law firm Wolf Greenfield as it continues to expand its patent portfolio. The company said adding Wolf Greenfield to its representation portfolio also strengthened its positioning towards possibly listing its common shares on the Nasdaq Capital Market. Wolf Greenfield has over 150 legal professionals based in Boston and New York, specializing in patents, licensing and royalty transactions, post-grant proceedings, and trademark and copyrights. The company also announced that Dr Regan will be speaking at the “Access to Giving” investor conference on Thursday, July 15. The webcast can be accessed through the following link: https://www.webcaster4.com/Webcast/Page/2744/41999. The audio recording will be posted to the LexaGene website, at a later date.

PharmaDrug Inc (CSE:BUZZ) (OTCPINK:LMLLF) reported promising initial results from its study looking at using cepharanthine to treat cancer. Cepharanthine is a natural product that is shown to exhibit multiple pharmacological properties – including anti-oxidative, anti-inflammatory, immuno-regulatory, anti-cancer, anti-viral and anti-parasitic properties. Toronto-based PharmaDrug said that results showed a “marked response” to cepharanthine from cancer cell lines compared to the current standard of care.

Mandalay Resources Corporation (TSE:MND) (OTCQB:MNDJF) (FRA:R7X2) posted a solid set of production figures for its second quarter to end-June and sees further improvements ahead. Across its projects in Sweden, Australia and Chile, the metals producer generated 28,843 ounces of gold-equivalent for the three months to June 30, up from 24,752 ounces in the same quarter a year earlier. This was the miner’s highest result since the fourth quarter of 2017 and the fourth consecutive quarter of increased output.

Vicinity Motor Corp (NASDAQ:VEV) (CVE:VMC) (FRA:6LG) said it has received an initial order from a private operator in British Columbia for 10 VMC 1200 Class 3 electric trucks valued at over $1 million. “We are thrilled to receive our first order for our recently announced all-new Vicinity 1200 Fully Electric Class 3 Truck designed for urban environments and construction or delivery applications,” said Vicinity founder and CEO William Trainer in a statement. “As companies seek solutions to diversify their fleets and mitigate exposure to energy and carbon costs, we expect strong interest in the VMC 1200 and are pleased to have our first order so quickly,” he added.

CleanSpark Inc (NASDAQ:CLSK), a diversified software, services and bitcoin mining company, said it has struck an agreement with new partner Coinmint to potentially deploy nearly 25 megawatts (MW) of its highly efficient Bitmain S19 Pro miners at a location operated by Coinmint. The Salt Lake City, Nevada-based company said it plans to deploy around 750 PH/s in hashrate capacity at Coinmint’s facility in Massena, New York between July and September this year. To support this hashrate, Coinmint has agreed to provide 25 MW of power, provide operations support and commit to 98% uptime. CleanSpark expects the agreement to “rapidly increase” its overall hashrate across all bitcoin mining locations to 1.2 EH/s upon installation and believes that it will allow it to maximize its bitcoin production, while maintaining all aspects of its environmental, social, and corporate governance (ESG) mining philosophy.

Bam Resources Corp (CSE:BBR) (OTCPINK:NPEZF) (FRA:4NPB) has reported more encouraging exploration findings from its Majuba Hill copper project in Nevada, revealing that a deep induced polarization (IP) survey had uncovered two new unexplored areas. Zonge International carried out the 49.5 line kilometres (km) IP study and the data was sent to James Wright, a highly regarded geophysicist, who provided advice and a preliminary interpretation. 

Empower Clinics Inc (CSE:CBDT) (OTCPINK:EPWCF) (FRA:8EC) has posted fiscal 2020 results that showed a 258% surge in revenue, supported by recent acquisitions. For the three months ended March 31, 2021, the Vancouver-headquartered integrated healthcare company reported total revenue of $2.04 million, up from $789,135 in 1Q 2020. As part of total revenue, 1Q clinic services revenue reached $2.03 million, from $767,803 a year earlier. It attributed the increase to the impact of the coronavirus (COVID-19) pandemic, along with the acquisition of Kai Medical Laboratory LLC on October 5, 2020. These were partially offset by a reduction in patients visiting the Sun Valley Health clinics as a result of State legalization of cannabis in November 2020, the company added.

Idaho Champion Gold Mines Canada Inc (CSE:ITKO) (OTCMKTS:GLDRF) (FRA:1QB1) said it has received the necessary permit from the Bureau of Land Management (BLM) to extend 2021 drilling onto its 100%-controlled Federal Mining claims at its Champagne gold project in Idaho. The BLM drill permit grants the company nine drill pad locations as part of the “fence” drilling designed to drill test the induced polarization (IP) anomaly at the project. Drilling through the permit will commence on drill hole number three, the first two pads having been established on the recently acquired private ground located toward the west end of the IP anomaly, the company said.

Medallion Resources Ltd. (CVE:MDL) (OTCQB:MLLOF) (FRA:MRDN) has provided a summary of an independent Techno-Economic Assessment (TEA) for its proprietary process that enables sustainable extraction of rare earth elements (REE) from mineral sand monazite. The TEA was done by process engineering and simulation specialists Simulus Engineers (Australia). The Medallion Monazite Process is a proprietary method and related business model to achieve low-cost REE production utilizing mineral sand monazite. Monazite is a rare earth phosphate mineral available as a by-product from heavy mineral sand mining operations. 

Esports Entertainment Group Inc (NASDAQ:GMBL) (FRA:40Y1) has announced the closing of its acquisition of Gameday Group’s business-to-consumer business, operating as Bethard. As a result of the transaction, the company raised its fiscal 2022 revenue guidance to $105 million from $100 million. Bethard, a Malta-based iGaming company with licenses in Sweden and Spain, offers sports betting and casino games online. Founded in 2012, it generated $31 million in revenue in 2020.

PyroGenesis Canada Inc (TSE:PYR) (NASDAQ:PYR) (FRA:8PY) has announced the launch of its e-commerce website, offering a selection of high-quality charitable swag and accessories. The company said the profits will be donated to charities for children in need. PyroGenesis’ online store will be unveiled today (July 14) at about 10:30 am ET and all products will be available at shop.pyrogenesis.com. 

Great Panther Mining Limited (TSE:GPR) (NYSEAMERICAN:GPL) (FRA:G3U) has released its 2Q results, featuring a 135% uptick in silver production, putting the precious metals company on track to meet its guidance. The miner holds a diversified portfolio of assets in Brazil, Mexico, and Peru, including three operating gold and silver mines, four exploration projects and an advanced development project. The 2Q results include output tallies from all three of Great Panther’s mines, Tucano in Brazil, as well as Topia and the Guanajuato Mine Complex (GMC) in Mexico. 

DRDGOLD Limited (NYSE:DRD) (JSE:DRD) (FRA:DUBA) reports that the new copper elution circuit at its Far West Gold Recoveries (FWGR) surface retreatment operation southwest of Johannesburg, is expected to deliver an additional 1.2 kilograms (kg) to 1.8kg of gold per month. The company said the additional gold would otherwise have been lost to refining charges. DRDGOLD said FWGR is currently retreating material reclaimed from the Driefontein No. 5 dam. The material reclaimed contains high levels of copper, which competes with gold and co-adsorbs onto activated carbon. Copper and gold are removed from the carbon and subsequently recovered together in the electro-winning process. 

Silvercorp Metals Inc (TSE:SVM) (NYSEAMERICAN:SVM) (FRA:S9Y), the China-focused miner, has told investors it expects to meet its annual production guidance for fiscal 2022, despite a decline in output for its fiscal first quarter to end-June this year. Silvercorp said it expects to churn out between 6.3 million and 6.6 million ounces of silver, and between 65.7 million and 68.9 million pounds of lead, along with 26.9 and 28.5 million pounds of zinc for the year to March 31, 2022. Across its operations, the company mined 231,235 tonnes in the first quarter of fiscal year 2022, which was down 9% compared to fiscal 1Q 2021.

PsyBio Therapeutics Corp (CVE:PYSB) (OTCQB:PSYBF) (FRA:PSYB) has announced its uplisting to the OTCQB Venture Market on July 14. Shares of the Ohio and Florida-based psychedelics company will trade on the US exchange under the symbol ‘PSYBF.’ PsyBio CEO Evan Levine called the move “an important milestone towards broadening our market presence across the United States as we engage with this significant shareholder audience.”

Cloud DX Inc (CVE:CDX) (OTCQB:CDXFF), a North American provider of virtual care and remote patient monitoring solutions said its shares have commenced trading on the OTCQB Venture Market. A leading market for early-stage and developing companies, the OTCQB is operated by the OTC Markets Group Inc. To be eligible to trade on the OTCQB, companies must be current on disclosure obligations, provide an annual company verification and management certification process, and pass a minimum bid price test. Effective today shares of Cloud DX will begin trading under the symbol CDXFF.

Gevo, Inc. (NASDAQ:GEVO) has announced that it will host a conference call on Thursday, August 12, 2021, at 4.30pm. EDT (2.30pm MDT) to report its financial results for the second quarter ended June 30, 2021 and provide an update on recent corporate highlights. To participate in the conference call, investors can dial 1 (833) 729-4776 (inside the US) or 1 (830) 213-7701 (outside the US) and reference the access code 2267135# or through the event weblink: https://edge.media-server.com/mmc/p/8w4ypxhw. A replay of the call and webcast will be available two hours after the conference call ends on August 12, 2021. To access the replay, investors can dial 1 (855) 859-2056 (inside the US) or 1 (404) 537-3406 (outside the US) and reference the access code 2267135#. The archived webcast will be available in the Investor Relations section of Gevo’s website at www.gevo.com

Trillion Energy International Inc. (CSE:TCF) (OTCMKTS:TCFF) (FRA:3P2N) has announced that its 2021 Annual Meeting of Stockholders has been adjourned to July 21, 2021. When the Annual Meeting was convened on July 7, 2021, the company determined that only about 48% of the outstanding shares had been voted and a large percentage of the company’s shareholders might not have received the company’s proxy materials. The company adjourned the Annual Meeting to allow additional time for the company to solicit votes to establish a quorum and more time for shareholders to vote on the proposals described in the company’s proxy materials. The adjourned Annual Meeting will be reconvened on July 21, 2021, and will be held virtually at www.virtualshareholdermeeting.com/TCFF2021. Investors will need to provide their 16-digit control number that is on the proxy card to gain access to the Annual Meeting.

Gatling Exploration Inc (CVE:GTR) said the TSX Venture Exchange has accepted for filing documentation pertaining to a mineral property acquisition agreement dated May 26, 2021, between the company and 2362516 Ontario Inc. (Albert Contardi), whereby the company can acquire a 25% interest in certain mining leases on the western portion of the Larder property, known as the Swansea zone. On closing, the company will hold a 100% interest in all mining leases and claims on the property. Under the terms of the agreement, the company will acquire the lease interest by issuing 150,000 shares. A third party holds a 6.25%t net smelter return royalty on the property underlying the lease interest. The maximum amount payable under the royalty is $275,000.

Endeavour Mining PLC (LON:EDV) (TSX:EDV) has said it will release its Q2 and interim 2021 financial results on Wednesday 4 August, before the London market open. Management will host a conference call and webcast on the same day, Wednesday 4 August, 2021, at 8.30am ET / 1.30pm BST to discuss the financial results. The webcast can be accessed through the following link: https://edge.media-server.com/mmc/p/j5h3ojje .Analysts and investors are also invited to participate and ask questions using the following dial-in numbers: International: +44 (0) 2071 928338; North American toll-free: +18778709135; UK toll-free: +44 (0) 8002796619; Confirmation Code: 2858954. The conference call and webcast will be available for playback on Endeavour’s website: https://www.endeavourmining.com/

Victory Square Technologies Inc. (CSE:VST) (OTCMKTS:VSQTF) (FRA:6F6) has announced that it will be featured as a presenting company at the upcoming SNN Network Summer Virtual Event 2021, Sidoti Summer Virtual Microcap Investor Conference 2021 and Q3 Virtual Investor Summit. The conferences will take place virtually and be held from August 17 to 19, 2021. Shafin Diamond Tejani, chief executive officer, and Vahid Shababi, chief growth officer of Victory Square Technologies, will provide an overview of the company’s business during the presentations. Management will also be participating in virtual one-on-one meetings throughout the events, which run from August 17, 2021 through August 19, 2021. To book 1on1 investor meetings with Victory Square Technologies, and to attend the events to watch Victory Square’s presentation, investors should make sure they are registered for the virtual events via: Q3 Virtual Investor Summit – https://investorsummitgroup.com/; SNN Network Summer Virtual Event – https://conference.snn.network/; Sidoti Summer Virtual Microcap Investor Conference – https://www.sidoti.com/conferences-events. 1on1 meetings will be scheduled and conducted via private, secure video conference through the conference event platforms. Victory Square also announced that it has retained Digitonic Ltd., an arm’s-length party to the company and a leading investor relations and mobile marketing firm based in Glasgow, Scotland, to provide marketing services focused on the North American markets. Under the agreement, Digitonic is to provide content creation, distribution, and advertising services in North America. The company has agreed to pay the service provider up to US$25,000 per week over a six-week period.

Planet 13 Holdings Inc. (CSE:PLTH)(OTCQX:PLNHF), a leading vertically-integrated Nevada cannabis company, has announced the results for each item of business considered at Planet 13′s Annual Meeting of shareholders held on July 13, 2021. With regards to the election of directors, all those nominated received over 99% of the votes cast by shareholders. regarding the appointment of auditors, 99.7% of shares voted were in favor of re-appointing Davidson & Company LLP as auditor and authorizing the board of directors of the company to fix the auditors remuneration for the following year.

Information Services Corporation (TSX:ISV) has said it will release its financial results for the second quarter ended June 30, 2021, on Wednesday, August 4, 2021, after market close. An investor conference call will be held on Thursday, August 5, 2021, at 11.00am EST to discuss the results. Participants may join the call by dialing toll-free (844) 419-1765 or (216) 562-0470 for calls outside North America. It is recommended that participants dial in to the call 10-15 minutes before the start time to avoid long hold times or missing the start of the call. ISC encourages those who are joining the call on a listen-only basis to join the live audio webcast of the conference call which will be available on our website at www.company.isc.ca/investor-relations/events. The audio file with a replay of the webcast will be available about 24 hours after the event on the company’s website at the link above. Media are invited to attend on a listen-only basis.

OTC Markets Group Inc. (OTCQX:OTCM), the operator of financial markets for 11,000 US and global securities, has announced that Ascend Wellness Holdings, Inc. (CSE:AAWH.U) (OTCQX:AAWH), a multi-state, vertically integrated cannabis operator, has qualified to trade on the OTCQX Best Market. 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 extremely proud to announce the commencement of trading on the OTCQX Best Market,” said Abner Kurtin, CEO and chairman of Ascend Wellness. “We are excited to welcome a wider pool of retail and institutional shareholders throughout the United States the opportunity to participate in our success, which has been driven by our high-quality, strategically located vertically integrated operations and well-established flagship retail locations in high-traffic areas. We will continue to provide best-in-class disclosure, as we are the first US-domiciled MSO to complete an SEC-registered IPO with GAAP financials.”

OTC Markets Group Inc. (OTCQX:OTCM), the operator of financial markets for 11,000 US and global securities, has announced that Fosterville South Exploration Ltd. (CVE:SX) (OTCQX:FSXLF), a gold exploration company, has qualified to trade on the OTCQX Best Market and has today upgraded from the Pink OTC market. 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 reach the milestone of advancing to the OTCQX, which gives US-based investors enhanced tools to analyze, value and trade our securities” said Bryan Slusarchuk, CEO of Fosterville South Exploration.

Story by ProactiveInvestors



Source: http://www.proactiveinvestors.com/companies/news/955002/na-proactive-news-snapshotlexagene-holdingspharmadrugmandalay-resourcesvicinity-motor-cleanspark--955002.html


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