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NA Proactive news snapshot: Logiq, Boosh Plant-Based Brands, EVmo, Northstar Gold, Alternus Energy, HealthLynked UPDATE ...

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Logiq Inc saw another quarter of sequential revenue growth with $8.3 million in 2Q 2021, up 3% from its previous quarter. Brett Suen, Logiq’s president, told investors that the New York-based ecommerce company is zeroing in on high-margin, high-quality revenue streams. Its AppLogiq platform-as-a-service (PaaS) product contributed $2.8 million or 34% during the quarter ended June 30, while the DataLogiq digital marketing platform made up 66% of consolidated revenue at $5.5 million.

Boosh Plant-Based Brands Inc. has said its entire line of frozen ‘Heat n Eat’ bowls and entrees are now available at all Whole Foods Market locations across Canada. “Offering our full line of frozen entrée’s that include Veggie Bolognese Bowl with Beyond Meat, Shepherd’s Pie with Beyond Meat, Rustic Veggie Pot Pie, Coconut Curry bowl, Mac n Cheese n Peas bowl, and Mexican Fiesta bowl in all fourteen Whole Foods Market is certainly a major milestone for Team Boosh,” said Connie Marples, president and founder of Boosh Food.

EVmo Inc, the company which rents out vehicles to rideshare drivers and delivery fleet operators, said it posted another quarter of record revenue in 2Q and expects this year and next to be ‘breakouts’ for the company. For the three months to June 30, the company saw revenue grow 67.8% to $2.7 million, from $1.6 million in the same period a year earlier.” Second quarter revenue exceeded pre-COVID-19 levels, demonstrating the strength of our business model and the rapidly growing demand for our services as the re-opening of the economy continues,” said Stephen Sanchez, EVmo’s CEO. “Importantly, the quarter’s revenue doesn’t reflect the effect of the debt financing capital deployed, and future capital deployed,” he added.

Northstar Gold Corp said a recently started surface exploration program returned high-grade gold-telluride diamond drill hole intercepts. The program, which commenced on July 27, 2021, includes prospecting, mechanical stripping, geological mapping and channel sampling of selected areas at the Miller Gold property in Ontario. Northstar highlighted the results from drill hole MG20-47 which returned 1.17 grams per tonne (g/t) gold over 107.3 meters (m); hole MG20-49 which returned 1.43 g/t gold over 118.5m; and hole MG21-56 which returned 6.6 g/t gold over 117m.

Alternus Energy PLC, the independent power producer, has hailed its second-quarter performance, which saw the company boost revenue and its asset base. For the period ended June 30, 2021, the group’s annual recurring revenue grew 308%, compared to the same quarter of 2020, due to the addition of a 20 MWp operational solar park. Also, and as reported in June, the firm acquired a majority 60% interest in Netherlands-based Engineering Procurement and Construction (EPC) and Operations and Maintenance (O&M) company Unisun Energy Holding, adding over 250 MW of solar projects at various stages of development to the Alternus portfolio.

HealthLynked Corp reported a 47% increase in revenue in the second quarter compared to the same period last year as the company grows its Health Services division. For the three months to June 30, the company posted revenue of $1,710,620 compared to $1,161,510 in 2Q, 2020. The firm’s HealthLynked Network is a cloud-based platform that allows patients and their health providers to connect and the firm also noted that patient appointments had increased 29% to 4,348 in the latest quarter, compared to 3,375 in 2Q, 2020.

KULR Technology Group Inc announced its 2Q results showing year-over-year revenue growth of over 200% as the company secured new sales contracts for its next-generation lithium-ion battery technologies. Revenue for the quarter came in at $0.6 million for the quarter ended June 30, 2021, compared to revenue of $0.2 million in the same year-ago period.

Elys Game Technology Corp released its 2Q results, showing revenue growth of 143% to $11.7 million, thanks to a robust European betting business. The company said that its European operations processed a record $463.3 million and $220.1 million in year-to-date and second quarter betting handle respectively while betting handle conversion to gross gaming revenue (GGR) reached $32.3 million and $14.9 million in the year-to-date and second-quarter periods. Its second-quarter betting handle increased 134% over the prior year to $220.1 million, while GGR increased 153.8% over the prior year to $14.9 million.

Fireweed Zinc Ltd. has announced positive results from the first drill hole at Boundary West for the 2021 Macmillan Pass zinc-lead-silver project drill program, Yukon, Canada. The first hole of the season, NB21-001 at Boundary Zone West, intersected 46.96 metres (m) of 7.71% zinc, 0.70% lead, and 32.1 grams per ton (g/t) silver. This intersection included a very high-grade section of 0.9m grading 46.50% Zinc, 11.54% lead, and 117.3 g/t silver of stratiform, laminated mineralization similar in style to the Tom-Jason deposits. In addition, a new zone of stratiform zinc-lead-silver mineralization has been discovered high in the upper sequence at Boundary West, and significant widths of pyrite-sphalerite-galena mineralization have been intersected in other step-out holes at Boundary West.

CleanSpark, Inc. has reported results for the three and nine-month periods ended June 30, 2021, showing very strong revenue growth and a big boost to working capital. The company had working capital of $39.9 million as of June 30, 2021, compared to $2.9 million as of September 30, 2020, an increase of $37.0 million. For the three months ended June 30, 2021, CleanSpark reported revenue of $11.9 million, an increase of $8.5 million, or 250%, from $3.4 million for the same prior-year period.

Victory Square Technologies Inc. has provided a corporate update as of August 17, 2021, showing continued growth. “2021 has been a year of continued growth and new opportunities for Victory Square,” said Shafin Diamond Tejani, Victory Square’s CEO in the statement. “We’ve seen the significant growth of FansUnite, the public listing of GameOn Technologies and now the upcoming listing of Immersive Technologies later this month. Our balance sheet has never been stronger and our team is laser-focused on unlocking value from the existing portfolio, and building a pipeline of new opportunities thru strategic investment and acquisitions.”

Versus Systems Inc CEO Matthew Pierce told shareholders that the firm has closed the “transformative” acquisition of Xcite Interactive and that he is thrilled to see “how well the teams have merged.” In June this year, Versus Systems completed its previously announced $15.2 million cash and stock acquisition of Xcite Interactive Inc. Versus will add its proprietary prizing engine to Xcite’s newly developed XEO fan engagement platform, which is already in use with multiple professional sports teams and live major events. In a corporate update, Pierce said: “Versus Systems had a remarkable second quarter, and that progress has continued into the third quarter. We closed the transformative acquisition of Xcite Interactive in June and are thrilled to see how well the teams have merged as we work to fully integrate the XEO technology into our Dynamic Regulatory Compliance prizing engine.”

American Resources Corporation CEO Mark Jensen has told shareholders the company is expecting full-year 2021 revenue to be in the “$35 million to $60 million range as a whole,” and said he is “confident in our ramp-up leading into the 2022 year.” During the second quarter ended June 30, 2021, the Fishers, Indiana-based supplier of raw materials to the rapidly growing global infrastructure market, raised $30.1 million of gross proceeds from the issuance and sale of 8.6 million shares to institutional investors through a registered direct offering. In the company’s 2Q earnings statement, Jensen said: “Our American Carbon division continued its production ramp-up and expansion throughout the quarter following our deliberate steps to restructure its operations post acquisition and is on track to continue to scale organically to meet the demands of the market and drive significant revenue growth. Additionally, we had the opportunity to further strengthen our balance sheet, which will allow us to be more opportunistic and effective in achieving our goals.”

Kintara Therapeutics Inc has announced that the VAL-083 treatment arm in the Global Coalition for Adaptive Research (GCAR) registrational Phase 2/3 clinical trial for glioblastoma multiforme (GBM) has now been activated in 26 US sites as of August 16, 2021. The GBM AGILE (Glioblastoma Adaptive Global Innovative Learning Environment) trial is a patient-centered, adaptive platform trial for registration evaluating multiple therapies for patients with newly diagnosed and recurrent GBM. Since January 2021, GCAR has accelerated the pace of clinical site activation with increased awareness in the medical community of Kintara’s arm of the study. GCAR plans to enroll 150-200 patients in the Kintara arm of the study at over 40 sites in the US and Canada with the potential to increase that total to 65 clinical trial centers worldwide.

TPCO Holding Corp. – The Parent Company – has said Troy Datcher will be appointed to serve as the company’s new chief executive officer with effect from September 8, 2021. The company noted that Datcher’s historic appointment represents the first time a Black CEO will lead a major public US cannabis organization. Current CEO Steve Allan will continue with the company and assist with the leadership transition, it added. Datcher joins The Parent Company from The Clorox Company, where he most recently served as senior vice president and chief customer officer responsible for the company’s worldwide sales organization. During his tenure, Datcher deployed global sales plans for over $6.7 billion in annual revenue across The Clorox Company’s vast portfolio of brands.

Delta 9 Cannabis Inc. said it has appointed Dr David Kideckel as its executive vice president, Head of Strategy, Corporate Development & Capital Markets, a newly created position to lead the company’s next phase of growth expansion. The company noted that Kideckel joins it after nearly 20 years of combined industry and capital markets experience, most recently serving as managing director, senior institutional equity research analyst at ATB Capital Markets. His industry experience spans several senior healthcare executive roles including at Johnson & Johnson Inc. and Alexion Pharmaceuticals (acquired by AstraZeneca)

PyroGenesis Canada Inc said it is on track to exceed its record 2020 revenue after it posted its second-quarter results showing revenue of $8.3 million, a 289% increase from the $1.3 million figure in the same quarter last year. The 2Q 2021 revenue figure – a company record, according to PyroGenesis – helped the Montreal-based firm post a net income from operations of $850,000 for the three-month period ended on June 30, 2021. Its gross margin profit of $4.9 million represented an increase of 290% from $1.3 million in 2Q 2020.

In a separate statement, PyroGenesis Canada also announced that it has signed a $1.2 million contract for two Air Plasma Torch systems with an existing Asian client. The torches are to be incorporated into the client’s medical waste destruction systems. The name of the client will remain confidential for competitive reasons.

Cloud DX Inc, a virtual health care provider, has released its financial results for the second quarter of fiscal 2021. Over the three-month period, subscription revenue increased 90% quarter-over-quarter and 39% year-to-date.  The digital health firm also reported an 184% rise in gross profits for the year, with 66% of that coming from financial 2Q.

NexTech AR Solutions Corp. has announced the launch of its next-generation Ad technology. The upgrade leverages WebXR and also enables a robust AR experience with each Ad. NexTech Ads also provide rich and robust analytics giving customers data-driven insights so they can better capture impressions, clicks, interactions and gain overall AR engagement data. NexTech’s customers can now tap into Google’s immense network, delivering engaging and streamlined 3D ads that extend to AR at scale that do not require application download.

Phunware, Inc. has said it is collaborating with Cox Communications, Inc. to bring the company’s Digital Front Door to Cox Business healthcare customers. Cox Communications’ business division, Cox Business, an industry leader in broadband, internet of things and managed cloud services, is active in delivering connected health solutions that enhance the relationship between patients and caregivers. The collaboration with Phunware expands these capabilities, the company said. “We are thrilled to collaborate with Cox because their leadership intimately understands the importance of data, connectivity and scalability in tech-enabling the entire continuum of care,” said Randall Crowder, COO of Phunware. “We live in a mobile-first world that is quickly becoming mobile-only, so it’s imperative that healthcare organizations adopt comprehensive technologies like the Cox Prosight to meet the demands of the modern healthcare landscape.”

BioLargo, Inc, a water treatment and environmental technology company has released its 2Q 2021 financial results. The company’s fiscal overview noted an 11% increase in consolidated revenue which rose to $464,000, compared to the second quarter of 2020. The firm said it continued to reduce debt obligations over the quarter, including a $406,000 reduction in convertible debt due in August 2021 through the payment of cash and equity.

Kodiak Copper Corp. has announced that work has been temporarily halted at its MPD copper-gold porphyry project in Southern British Columbia as a precautionary measure due to the wildfire situation. All workers are being safely demobilized. At this stage the company does not expect a material impact on its fully funded drill program at MPD. Kodiak is monitoring the wildfire situation closely and will resume work when it is deemed safe to do so. Claudia Tornquist, president and CEO of Kodiak commented: “There is nothing more important than the health and safety of our employees and contractors, consequently we have taken the prudent decision to suspend our drill program at the MPD project until the wildfire situation in the local area improves. Our thoughts are with all those affected or threatened by the fires. I sincerely hope that the lower temperatures and forecasted rain over the next couple of days will help improve the fire situation and bring some relief to the local communities.”

Xigem Technologies Corporation has said its common shares can now be traded on Wealthsimple Trade. Wealthsimple has attracted more than one million clients in Canada through innovative financial products and simple, low-cost services. Its online stock-trading platform, Wealthsimple Trade, is fully mobile, self-directed and offers commission-free trades. “We are pleased to see the further expansion of opportunities for investors to trade our shares,” said Brian Kalish, co-founder and CEO of Xigem in a statement. “Similar to what Xigem is aiming to achieve, Wealthsimple is a great example of a company that has used technology to disrupt traditional business models and enable people to complete tasks remotely. This and similar platforms have strong appeal to today’s emerging generation of investors.”

Real Luck Group Ltd. has said that all the matters put before shareholders for consideration and approval at its 2021 Annual General Meeting (AGM) held on August 13, 2021, were approved by the requisite majority of votes cast at the meeting. Shareholders approved setting the number of directors at five and voted the following Director nominees to the Board: Thomas Rosander, Michael Stevens, Drew Green’ Lloyd Melnick, and Maruf Raza. Shareholders also approved the appointment of Baker Tilly as the company auditor for the ensuing year and approved and ratified the company’s fixed stock option plan and the grant of incentive stock options. Real Luck also announced that Rosander, its chief executive officer will present at the Gravitas Titans of Tech Investor Day on Thursday, August 19, 2021, at 1.00pm ET / 10.00am PT. He will also be fielding investor questions during the one-day virtual conference hosted by Gravitas Securities Inc. “I look forward to sharing our revenue growth strategy with investors at the Gravitas Titans of Tech Investor Day,” said Rosander. “With our recently announced partnership with Aspire Global’s BtoBet and Bambora’s PaymentIQ, the Gravitas Titans of Tech Investor Day is the perfect avenue to communicate Luckbox’s continued growth and expansion.” To register for the event, investors can use the following link: https://us02web.zoom.us/webinar/register/WN_J_aBwtEWSRW6HO-cRra-Ag

Binovi Technologies Corp. (TSX-V:VISN, OTCQB:BNVIF) has provided its first response to an unsolicited bid for the company announced on Monday, August 16, 2021, by Captiva Verde Wellness Corp. The company said it has been informed by the principals that Captiva Verde intends to launch a bid to acquire the company for 7 cents worth of Captiva Verde Wellness common shares for each common share of Binovi, a 75% premium over Binovi’s closing price on Friday, August 14, 2021. Binovi said it will form a special committee of the board to investigate the merits of the offer and will provide a recommendation to shareholders based on the conclusions of that exercise. In a statement, Binovi interim chief executive officer Tania Archer commented: “It is too early to state if the Captiva Verde offer, as presented, holds sufficient merit for us to recommend shareholders accept the terms. As soon as the special committee has completed its review, we will inform the market as to our position in relation to the offer. We anticipate concluding our review within the next 48 hours.”

Vyant Bio (NASDAQ:VYNT) Inc, an emerging global drug discovery company, posted second-quarter results that demonstrated it is in a strong financial position with $26.5 million to build a “robust pipeline” of novel therapeutics targeting neurological disorders and cancers. For the period ended June 30, 2021, the Cherry Hill, New Jersey-based company had cash and cash equivalents totaling $26.5 million. As Stemonix Inc was deemed to have acquired Cancer Genetics Inc for accounting purposes, and the merger closed on March 30, 2021, the company’s 2Q financial results include the post-merger results of the combined companies, now known as Vyant Bio (NASDAQ:VYNT).

Unigold Inc. (TSX-V:UGD, OTCQX:UGDIF), a gold explorer focused on its Neita concession property in the Dominican Republic, has released the results of an exploration drill on the Candelones deposits. Highlighted in the new data were holes LP21-204 and LP21-206, which were described as collared 50 meters west of the Candelones Extension resource envelope. The recent drill is part of an exploration program designed to test the mineralization in the sparsely drilled area.

Mydecine Innovations Group Inc (OTC:MYCOF, FRA:0NFA, NEO:MYCO) reported its 2Q results showing the psychedelic firm ended the three-month period with C$7 million in cash and equivalents following a robust research program. The Denver, Colorado-based company said it had identified four new lead drug candidates in its portfolio and discovered more than 40 potential pharmacologically active novel compounds in mushrooms. CEO Joshua Bartach told investors that the company made “groundbreaking progress” and discoveries in its psilocybin compound research and drug development program during the three-month period to end June 30, 2021. 

Naturally Splendid Enterprises Ltd. (TSX-V:NSP, OTC:NSPDF) has announced the signing of the definitive agreement with Flexitarian Foods Pty. Ltd., a division of Australia’s largest plant-based manufacturer, to become the exclusive Canadian manufacturer and distributor for an extensive line of plant-based, meat-alternative products. The exclusive manufacturing and distribution rights are for an initial 10-year term with a 10-year renewable term. In a statement, Naturally Splendid chief executive officer J. Craig Goodwin said: “We are more than pleased to execute this definitive agreement to be the exclusive Canadian manufacturer and distributor for this amazing line of plant-based entrees. The strategic move to become the exclusive manufacturer in addition to being the exclusive distributor, is pivotal for the Company.”

Aequus Pharmaceuticals Inc. (TSX-V:AQS, OTCQB:AQSZF) and reVision Therapeutics, Inc. have announced a collaboration to develop a therapy for Stargardt disease, a devastating genetic disorder that affects central vision in children and adults and often leads to blindness. The agreement allows Aequus the option to acquire the North American commercial rights to REV-0100, reVision’s proprietary Stargardt disease program. As part of the option terms, Aequus will make an initial US$400,000 equity investment in reVision, with the option to fully fund the development program in return for the North American commercial rights. Funds from the initial investment are earmarked to cover the costs of a pre-clinical toxicology study for REV-0100, which will begin in the near term. 

Arcadia Biosciences reported a five-fold increase in revenue in its second quarter, mainly thanks to sales from the newly acquired portfolio of wellness brands, as well as its GoodHemp seed sales. For the three months to June 30, the maker of plant-based health and wellness products reported revenue of $1.4 million, compared to $281,000 in 2Q, 2020. Matt Plavan, CEO of Arcadia, noted that the period had been the “first time” Arcadia recorded sales from its consumer brands, representing a “key milestone in our transformation to a dynamic producer and marketer of innovative, plant-based health and wellness products”.

Midwest Energy Emissions Corp, also known as ME2C Environmental, has reported a 21% jump in revenue in the second quarter as its emissions business continues to grow and it also revealed it expects pilot-scale testing on its rear earth extraction technology to start later this fall. The cleantech group, which provides emissions solutions to the global power industry, posted revenue of US$2.3 million in the three months to June 30, 2021, versus US$1.9 million in 2Q, 2020. This rise was attributed mainly to the increased capacity of its customers’ coal-fired electricity generating units (EGU’s) and thus more sales of the firm’s sorbent products, which reduces mercury emissions.

Bragg Gaming Group (TSX:BRAG, OTCQX:BRGGF) Inc. said it has taken its ORYX Hub content live with Admiral Bet in Serbia, significantly enhancing the operator’s offering. Following a successful integration, Admiral Bet’s Serbian customers now have access to the wide and diverse games library offered via ORYX Hub, including unique, exclusive and localized content from ORYX RGS partners GAMOMAT, Peter & Sons, CandleBets, Golden Hero, Kalamba, Givme Games. In a statement, Chris Looney, chief commercial officer of Bragg Gaming said: “We are thrilled to have taken our ORYX Hub content live with Admiral Bet, a leading operator with a vast client base. Our games have resonated well with Serbian players since we entered the market and this partnership is a testament to the appeal of our offering with the local audience. Together with Admiral Bet, we will further strengthen the reach of our content.” ORYX Hub features 13,000-plus aggregated titles from over 100 providers, including ORYX’s proprietary games as well as a range of content from the industry’s most sought-after suppliers.

The Valens Company (TSX:VLNS, OTCQX:VLNCF) Inc has said it continues to prepare for international industry growth with upgrades to its leading-edge research and testing facility, Valens Labs. The Kelowna, British Columbia-based producer of cannabis products said ISO/IEC 17025:2017 accredited Valens Labs’ testing capabilities have been enhanced to satisfy various additional international testing requirements for finished cannabis goods to support existing and future customers looking to expand their export capabilities. The enhanced validation methods that Valens Labs now offers are in preparation for changes in certain international analytics and testing requirements. These testing methods, which have previously been validated in all five tests required by Health Canada, have been increased and are expected to be compliant for international standards in many emerging markets. Valens Labs is also CALA Certified.

Vox Royalty (TSX-V:VOX) Corp told investors it saw “record royalty revenues, record net incomes and unprecedented organic growth” in its second quarter to end-June this year. The company, which has over 50 royalties and streams spanning eight jurisdictions, recorded a net income of US$2 million in the three months, swinging from a loss of US$4.1 million in 2Q, 2020. Revenue came in at US$1.3 million for the quarter with inaugural revenues received from the Janet Ivy royalty (Australia), while Vox also noted it had lifted its production stage royalty assets from just one in May to five by the end of the period.

Psyched Wellness (CSE:PSYC, FRA:5U9, OTCQB:PSYCF) Ltd. announced that it has submitted applications to the United States Patent and Trademark office for four further provisional patents surrounding the company’s flagship product, AME-1, which is derived from the Amanita muscaria mushroom. In a statement, Jeff Stevens, CEO of Psyched Wellness (CSE:PSYC, FRA:5U9, OTCQB:PSYCF), commented: “The filing of these patents marks another important milestone in the execution of Psyched’s strategy, and moves us closer to being able to bring our products to market. We believe AME-1 will have a sustainable commercial and societal impact with its power to help stress relief, relaxation and restful sleeping.”

Empower Clinic Inc’s wholly-owned subsidiary Medi+Sure Canada Inc. has obtained a Health Canada Medical Device Establishment License (MDEL) to source class II to class IV diagnostic and therapeutic medical devices from MDALL licensed manufacturers across the world. The integrated healthcare company can then distribute these medical devices in Canada under the MediSure brand. ”The achievement of MediSure receiving the new MDEL licence from Health Canada is a major accomplishment, as it complements our existing Health Canada MDALL manufacturing license, and immediately opens the door for MediSure to launch new, innovative medical device solutions into the Canadian healthcare market,” said Mario Cortis, MediSure’s president.

Manganese X Energy Corp said its spin-out company, Graphano Energy Ltd, has received conditional listing approval from the TSX Venture Exchange. Focused on the ethical sourcing of manganese at its Battery Hill project in New Brunswick, Manganese X announced a statutory plan of arrangement with Graphano Energy in May. The deal saw Manganese X agree to the spin-out of its Lac Aux Bouleaux graphite property, located in the province of Quebec.

ElectraMeccanica (NASDAQ:SOLO) Vehicles Corp. has announced the results of the company’s annual general meeting (AGM) held on August 16, 2021. The company said its shareholders voted to re-elect Paul Rivera, Bal Bhullar, Henry Reisner, Jerry Kroll, Steven Sanders, Luisa Ingargiola, Joanne Yan and Peter Savagian as directors of the company for the ensuing year. In addition, at the AGM the shareholders also approved the re-appointment of KPMG as the company’s auditor for the ensuing year and authorized the directors to fix the auditor’s remuneration. Following the AGM, the company’s board met and confirmed the appointment of the following executive officers: Paul Rivera, president and chief executive officer; Kevin Pavlov, chief operating officer; Bal Bhulla, chief financial officer; Henry Reisner, executive vice-president; and Isaac Moss chief administrative officer and corporate secretary. ElectraMeccanica (NASDAQ:SOLO) management also expects the re-appointment of all directors of the company to each of its current Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee.

Steppe Gold Limited (TSX:STGO, OTCQX:STPGF) said it has filed its financial results for the quarter ended June 30, 2021. The full version of the Condensed Interim Consolidated Financial Statements and Management’s Discussion & Analysis can be viewed on the company’s website at www.steppegold.com or under the company’s profile on SEDAR at www.sedar.com.

DRDGOLD Ltd (NYSE:DRD, JSE:DRD, FRA:DUB1). has announced that Geoffrey Campbell’s tenure as a director and chairman of the board of directors of the company will come to an end with effect from December 1, 2021. The company said Timothy Cumming, a non-executive director of the company, will replace Campbell as chairman of the board and the nominations committee with effect from December 1, 2021. In order to ensure good corporate governance in accordance with the recommendations of the King IV Report on Corporate Governance for South Africa 2016, Edmund Jeneker will remain as the lead independent director of the company.

Electric Royalties Ltd (TSX-V:ELEC, OTC:ELECF) said the TSX Venture Exchange has accepted for filing documentation pertaining to a royalty portfolio sale and purchase agreement dated June 30, 2021, as amended July 15, 2021, whereby Electric Royalties Ltd (TSX-V:ELEC, OTC:ELECF). has acquired from Vox Royalty (TSX-V:VOX) Corp. the following royalty interests: A 2.5% gross concentrate sales royalty on graphite production at the Graphmada graphite mining complex, located in Madagascar and operated by Bass Metals Ltd (ASX:BSM).; a 0.75% gross revenue royalty on graphite production at the Yalbra graphite project, located in Western Australia and owned by Buxton Resources Ltd (ASX:BUX). Under the terms of the agreement, the company has made a cash payment of $50,000 and issued to Vox an aggregate of 7,270,408 common shares of the company at a deemed price of 39.2 cents per share, based on the 10-day volume-weighted average price (VWAP) per share prior to issuance.

Rio2 Ltd said the TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced July 20, 2021, and July 21, 2021, which will see the 9,792,880 shares with a purchase price of 65 cents per share with one placee.

Braxia Scientific Corp. (CSE:BRAX, OTC:BRAXF, FRA:496) has announced that its management will participate at the upcoming HC Wainwright 23rd Annual Global Investment Conference being held virtually on September 13-15, 2021. More details can be found at the following link: https://hcwevents.com/annualconference/. The company also announced that it has issued 200,000 common shares to settle the amount of $62,000 owed to an independent contractor providing medical advisory services to the company.

Todos Medical, Ltd. has announced that Todos Medical will be presenting at the upcoming Emerging Growth Conference to be held on August 18, 2021. This live, interactive online event will give existing shareholders and the investment community the opportunity to interact with the company’s CEO, Gerald Commissiong in real-time. Investors can register here to ensure attendance at the conference and receive any updates that are released: https://goto.webcasts.com/starthere.jsp?ei=1486517&tp_key=3bd9735fe4&sti=tomdf

OTC Markets Group Inc. (OTCQX:OTCM) has announced  that Laramide Resources (ASX:LAM) Ltd., a company engaged in the exploration and development of uranium assets based in the United States and Australia, 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. Marc Henderson, Laramide president & CEO commented: “With our large US uranium project portfolio, and focus on expanding our exposure and profile with private and institutional US investors, we are pleased to have direct access to this transparent and efficient quotation and trading platform.”

Story by ProactiveInvestors



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