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NA Proactive news snapshot:, Altaley Mining, Plurilock Security, Deep-South Resources, Golden Arrow Resources UPDATE ...

% of readers think this story is Fact. Add your two cents. Group Inc (NASDAQ:RCRT) has closed on its public offering that raised $12 million in gross proceeds. In a statement, the company said it intends to use the proceeds to invest in sales and marketing efforts for its on-demand recruiting software subscription tools and services, strategic acquisitions and related expenses, and general working capital., which started trading on the Nasdaq on June 30, offered 2.4 million units to the public at $5 apiece. Each unit consists of one share and one warrant to purchase one share of common stock at $5.50 per share.

Altaley Mining Corp (CVE:ATLY)  (OTC PINK:ATLYF) (FRA:TSGN) announced it has retained Venture Liquidity Providers Inc (VLP) to initiate market-making services to aid in maintaining an orderly trading market and improving the liquidity of Altaley’s common shares. The market-making service will be undertaken by VLP through a registered broker, W.D. Latimer Co Ltd, in compliance with the applicable policies of the TSX Venture Exchange and other applicable laws. For its services, Altaley Mining has agreed to pay VLP C$5,000 per month for a period of three months. The agreement may be terminated at any time by the company or VLP. Altaley also said its common shares previously listed for trading on the OTC Markets in the US under the symbol “SOHFF” will begin trading under the new symbol “ATLYF” at market open on July 6, 2021. The company effected the symbol change to align with its recent name change. 

Plurilock Security Inc (CVE:PLUR) (OTCQB:PLCKF) announced that during its annual general meeting of shareholders held on July 2, 2021, each of the six nominees  described further in Plurilock’s management information circular dated May 18, 2021 were elected as directors. At the meeting, Plurilock’s shareholders also voted in favour of the appointment of Plurilock’s auditor, adoption of the company’s share option plan (SOP), ratification of grants of share options issued under the SOP since September 17, 2020, and the alteration of the articles of the company to include advance notice provisions, all as described in the circular. A total of 8,845,214 shares were represented at the meeting, representing 15.07% of the company’s issued and outstanding common shares.

Deep-South Resources Inc. (CVE:DSM) (OTCMKTS:DSMTF) has announced that Luke Sadike Nepela has passed on after a short illness. The company said its board of directors offered its condolences to his wife and family and acknowledged his dedication as a director of the company. John Akwenye, chairman of Deep-South commented: “We will miss a very good colleague and for some of us we will miss a very good person and friend’” Deep South said Nepela will not be immediately replaced on the board of directors.

Golden Arrow Resources Corporation (CVE:GRG) (FRA:G6A) (OTCQB:GARWF) said that at the Annual General Meeting of shareholders held on June 30, 2021, each of the 6 nominees listed in the management information circular filed on June 2, 2021, with regulatory authorities were elected as directors of the company. 25,321,568 shares were voted representing 21.76% of the outstanding shares of the company. The company announced that all resolutions received support from its shareholders at the meeting. Incumbent directors Joseph Grosso, Nikolaos Cacos, David Terry, John Gammon, Louis Salley and Alfred Hills were re-elected to the board of directors of the company. The company also announced that it received shareholder approval for its New Stock Option Plan at the Annual General & Special Meeting of shareholders held on September 17, 2020. As it is a Fixed Plan, annual shareholder approval was not required.

Sigma Lithium Resources Corporation (CVE:SGMA) ( OTCQB:SGMLF ) has announced the voting results from its Annual and Special Meeting of shareholders held on June 29, 2021, hosted online by way of a live webcast. A total of 66,294,574 of Sigma’s issued and outstanding common shares, representing 75.91% of the outstanding common shares, were voted at the meeting in person and by proxy. Shareholders voted to approve all the matters detailed in the AGM circular including the election of directors and the appointment of KMPG as auditors of the company for the ensuring year and authorizing the directors to fix their remuneration. They also approved an amendment of the company’s articles to change the name of the Company to Sigma Lithium Corporation, subject to regulatory approval, and to effect a consolidation of the common shares of the company on the basis of 1 post-consolidation common share for up to 10 pre-consolidation common shares, as determined by the company’s board of directors at its sole discretion.

BioHarvest Sciences Inc. (CSE:BHSC) has invited its shareholders and the general public to join a Live Video Conference on Thursday, July 8, 2021, at 2.00pm Eastern Standard Time (11.00am Pacific Standard Time). BioHarvest Sciences CEO Ilan Sobel will host the event, which will include a report on all major 2021 priorities, including a performance update on Israel VINIA Q2 results and the e-commerce launch of VINIA in the United States, a review of recently announced progress on commercializing the company’s cannabis and hemp products, and key messaging around the Company’s soon-to-be-released Environmental, Sustainability, and Governance (ESG) Strategy. “In early 2021, we announced an aggressive set of corporate goals for the year, in both our cannabis and Superfruits verticals,” commented Sobel. “Executing on these different strategic programs has required intense focus from our growing team, and I look forward to updating our very engaged investor community on our progress against each of our major 2021 milestones on July 8.” The presentation will be approximately 35 minutes, followed by a live question and answer session. All shareholders, media, and interested investors are welcome to join. All registrants will be emailed a recording of the session. Registration can be done at:

LexaGene Holdings Inc (OTCQB:LXXGF) (CVE:LXG) (FRA:5XS2) told investors that it continues to systematically advance its MiQLab System to meet the US Food and Drug Administration’s (FDA) criteria for Emergency Use Authorization (EUA), including passing electrical safety testing and ship testing. The FDA EUA process requires novel diagnostic devices to undergo a substantial amount of complex design control and testing, the company said, and all functions for critical system operation must be validated and submitted as part of the process. 

TPCO Holding Co – known as The Parent Company – (NEO:GRAM) (OTCQX:GRAMF) said its previously-announced conditional agreement to complete a $50 million strategic investment in GH Group, Inc (Glass House), through a private placement offering by Mercer Park Brand Acquisition Corp, has been terminated by all parties involved and the strategic investment will not be completed at this time. The Parent Company noted it will consider future partnership opportunities as Glass House purchases and completes the retrofit of its greenhouse cultivation facility in southern California.

CytoDyn Inc (OTCQB:CYDY) announced that it has submitted a dose justification report on its Vyrologix (leronlimab-PRO 140) drug to the US Food and Drug Administration (FDA), which will be followed by an official submission for an IND (investigational new drug). The late-stage biotechnology company is developing leronlimab to battle multiple diseases, including coronavirus (COVID-19). Most significantly, it is working to develop a significant advance in HIV treatment beyond the “AIDS cocktail” combination of pills that has kept millions of people alive since the mid-1990s. The company noted that the submission is an integral step in the resubmission process for the Biologics License Application (BLA) for HIV patients with multiple resistance to current standard of care.

Victory Resources Corporation (CSE:VR) (FRA:VR61) (OTCPINK:VRCFF) has reported strong initial results from its extensive sampling program on its recently acquired Smokey Lithium property in Esmeralda County, Nevada. The Vancouver-based junior international mining corporation said that sampling showed several areas of “high lithium (Li) values in the claystones up to 1,500 parts per million (ppm) Li”. In addition, the southwest area of the Smokey Lithium property showed values well over 1,000 ppm. Lithium sampling in this area revealed a highly anomalous zone about 1.5 kilometers (km) across, noted the company.

BioSig Technologies Inc (NASDAQ:BSGM) has announced the pricing of its underwritten public offering to raise about $10 million. The company said it could gain roughly an additional $1.5 million in gross proceeds if the underwriter buys an additional 15% in shares.   Under the financing scheme, BioSig is offering 2.5 million shares of its common stock, with a $0.001 par value per share, at $4 apiece. BioSig said it intends to use the net proceeds from the offering for the continuation of full commercialization activities related to the company’s biomedical signal processing platform PURE EP, which is designed to improve signal fidelity and uncover the full range of electrocardiogram (ECG) and intracardiac signals. 

CanaFarma Hemp Products Corp. (CSE:CNFA) has announced that David Lonsdale will be resigning as CEO of the company effective August 15, 2021. CanaFarma noted that Lonsdale joined the company in March 2019 to assist in taking it public, which was accomplished in March 2020. It said the July 1, 2021. announcement regarding the MOU to acquire Vertical Wellness provides a new management team for CanaFarma, as soon as the transaction is completed he will be stepping down from his position.

Vicinity Motor Corp. (CVE:VMC) (OTCQX:BUSXF) (FRA:6LG) – formerly Grande West Transportation Group Inc. – has announced that certain Eligible Directors have requested that their respective director’s remuneration for the calendar year 2021 be paid in Deferred Share Units (DSUs) and accordingly, the company has granted 2,997 DSUs in connection with Directors Remuneration for Q2.

Story by ProactiveInvestors


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