NA Proactive news snapshot: CO2 GRO, Forward Water Technologies, Marvel Discovery, Canada Silver Cobalt Works, Belmont Resources, Talon Metals UPDATE ...

CO2 GRO Inc (TSX-V:GROW, OTCQB:BLONF) said that besides coronavirus-related labor shortages and supply chain bottlenecks, the recent sharp rise of fossil fuels, CO2 gas shortages rising costs, and carbon taxes globally are negatively impacting the profitability of all protected vegetable, flower, and cannabis growers. The Toronto-based company believes that now, more than ever, all protected agriculture growers will realize increasingly significant benefits of its sustainable, highly efficient, low-cost CO2 Delivery Solutions technology. Natural gas prices affect the functioning of facilities and may lead them to close down. For instance, natural gas is employed in the manufacture of ammonia which produces CO2 gas as a by-product. When natural gas prices increase dramatically, the production of ammonia can be unprofitable leading to facility shutdowns as occurred at Terra Nitrogen in the UK and the loss of CO2 gas production that was being captured and delivered to greenhouses.

Forward Water Technologies (TSX-V:FWTC) Corp announced stock option grants as compensation to its independent directors. The company’s two independent directors have each been granted an option to purchase up to 261,500 shares in the capital of the company at an exercise price of $0.175 per share. Each option will vest and become exercisable as to 1/3 of the shares issuable under the option on each of the following dates: November 9, 2021, the first anniversary of the grant date, and the second anniversary of the grant date. The options expire on November 9, 2026, five years after the grant date. Forward Water is an Ontario corporation dedicated to the commercialization of its proprietary forward osmosis technology. The technology allows manufacturing operations to clean their wastewater that would otherwise require costly disposal. The technology also enables the reclamation of up to 90% of the waste as clean water and the return of this valuable resource to the environment. Alternatively, the clean water can be reused by manufacturing operations to reduce their overall water consumption and environmental footprint. 

Marvel Discovery Corp. (TSX-V:MARV) said it has expanded its 100%-owned Baie Verte project in western Newfoundland and has initiated airborne surveys. Through a combination of staking and purchase agreements, the company said it has acquired an additional 451 claims over 11,275 hectares along the Baie Verte Brompton Line (BVBL), bringing the total size of the project to 40,900 hectares and covering a 70 kilometer (km) strike length along the BVBL corridor. Meanwhile, Marvel said it has contracted Balch Exploration Consulting Inc. (BECI) to conduct a high-resolution magnetic gradiometer survey scheduled to commence this week. The survey will aid in a detailed litho-structural analysis of the entire project area.

Canada Silver Cobalt Works Inc said that the TSX Venture Exchange has consented to the extension in the expiry date of warrants issued pursuant to a private placement of 4,018,571 shares with 4,018,571 share purchase warrants attached, which was accepted for filing by the exchange effective Nov. 19, 2019. The new expiry date of warrants is Nov. 14, 2024 at an exercise price of C$0.55.

Belmont Resources Inc announced the appointment of Geoffrey Peretz to its board of directors. Peretz is a senior investment industry professional with over 35 years of experience, having founded successful startups through his private equity firm Camelot Capital Corporation. The new director also founded Canaco Resources (TSX-V:CAN) in 2003. Peretz will take the seat held by Vojtech (Billy) Agyagos, Belmont’s former CEO, who is stepping down from the board. The Board of Directors said they wish to express their thanks to Agyagos for his service to the company. Separately, Belmont granted 600,000 incentive stock options to certain directors and consultants of the company in accordance with the company’s current stock option plan. Each option is exercisable into one common share of the company at a price of $0.10 per share for a period of five years from the date of grant.

Water Tower Research Inc has published its weekly mat-chem industry report, which can be accessed via the link here: https://www.watertowerresearch.com/content/mat-chem-notes-for-week-of-november-9-2021 

Talon Metals Corp has announced the appointments of Pallinghurst Group managing partner Arne Frandsen and Wheatley Advisors CEO Frank Wheatley to its board of directors, effective immediately. Wheatley and Frandsen have joined the company’s board following Pallinghurst’s purchase of 133,610,894 Talon shares from Resource Capital Fund VI LP (RCF) in an off-market transaction.

ElectraMeccanica (NASDAQ:SOLO) Vehicles Corp ended its 3Q with a beefed-up cash position of $228.8 million, an increase from the $129.5 million it had in the bank at the end of 2020. CFO Bal Bhullar told shareholders that the company’s cash balance helps it to build a strong platform for growth as it ramps up production of its flagship SOLO electric vehicle. “Revenues from our initial commercial SOLO deliveries are being recognized in the fourth quarter and we expect these to begin scaling in the coming year,” Bhullar said in a statement.

Mountain Boy Minerals Ltd (TSX-V:MTB, OTCQB:MBYMF) has announced what it called “encouraging” results from the 2021 field program on its American Creek silver-gold project in British Columbia, which included 704 grams per tonne (g/t) silver over 0.8 metres. The company said the results confirm the presence of a large silver-gold-base metal mineralizing system and outlined several new prospective areas for further exploration. “These results provide further evidence of a large and robust mineralizing system, demonstrate the presence of high-grade mineralization, and continue to move us forward in unlocking the enormous potential value of this project,” Mountain Boy Minerals CEO Lawrence Roulston said in a statement.

Melkior Resources Inc said that drilling has now started on the Carscallen project, an Ontario-based gold property currently optioned by Kirkland Lake Gold. As the operator, Kirkland Lake Gold is planning a 3,700-metre program across four targets to be completed before the end of 2021.  Timmins-based Melkior and Kirkland Lake entered into an agreement in September 2020 that gives Kirkland the right to earn up to a 75% interest in Carscallen by incurring exploration expenditures of $100 million within the first five years of the formation of the joint venture.

Kintara Therapeutics (NASDAQ:KTRA) Inc has announced that its chairman, Robert Hoffman, has succeeded Saiid Zarrabian as the company’s president and CEO effective November 8, 2021. Kintara said Hoffman will continue in his role as the company’s chairman, while Zarrabian will transition to lead Kintara’s strategic partnerships initiative and will remain a member of its board of directors.

Green Battery Minerals Inc said it has mobilized a Québec-based contractor for more drilling at zone 1 and zone 6 of its Berkwood graphite project ahead of an updated resource estimate across shallower parts of the zone 1 deposit. The zone 1 discovery lies 8 kilometres (km) southwest of Mason Graphite’s deposit – currently undergoing a feasibility study – and the firm believes the two share many similar geological characteristics. Green Battery has previously completed four drill programs at zone 1 for 6,085 metres (m) in 44 holes, all of which contained graphite mineralization, with 43 hitting “significant” zones of graphite enrichment, the company noted. The company also announced a non-brokered private placement which will see it issue up to 3.5 million flow-through units at C$0.15 per flow-through-unit for total gross proceeds of up to C$525,000 with the proceeds to be used for Canadian exploration expenses.

Bloom Health Partners Inc (CSE:BLMH) has announced the opening of new facilities in Dallas, Texas later this month as well as additional key operations resources to support growing demand from clients. The Vancouver, British Columbia-based company said the official opening of the new Dallas area facilities comes just after the US Federal Government’s announcement requiring coronavirus (COVID-19) vaccinations or testing for US-based companies administered by the Occupational Health and Safety Administration (OSHA) and additional announcements last week enforcing vaccinations among the workforce by January 4, 2022. Bloom Health said the new Dallas location includes offices for operations and expanded laboratories for diagnostic testing to meet rapidly growing demand and supports its mission of “unstoppable is possible” for its clients.

Lucky Minerals (TSX-V:LKY, OTC:LKMNF) Inc has reported encouraging trench sampling results from its Wayka gold discovery at its flagship Fortuna project in Ecuador. The results come from two trenches, which were extended, and when combined into one, average 1.67 grams per ton (g/t) gold over 61 metres (m). Combined in a north-south direction, the trenches also show three distinct mineralized trends, interpreted to be feeder zones. “By extending trenches T-5 and T-6 we have established that some mineralization at Wayka appears to be hosted in parallel mineralized trends or feeders,” François Perron, the CEO of Lucky, told investors in a statement.

Ayurcann Holdings Corp has said it will launch its line of GLOW products through the Ontario Cannabis Store (OCS), with products to be made available through additional adult-use channels including the provincial retailers and storefronts across Ontario. To start, Ayurcann will be launching GLOW’s Day cream and Night cream combo pack, with the product’s quick-absorbing formula working fast to enhance applied to areas. Harnessing the power of the cannabis plant, GLOW’s non-psychoactive formula uses both THC and CBD blended with high-quality natural botanicals and essential oils. The initial product launch includes two SKUs (stock-keeping units): GLOW Day Cream and GLOW Night Cream. GLOW Day Cream contains a total of 1000mg of CBD, while the Night Cream contains a mix of 500mg THC and 500mg of CBD.

VR Resources Ltd (TSX-V:VRR, OTCQB:VRRCF) has told investors it is planning a first-pass drill program at its Amsel gold-silver project in Nevada, as the company moves closer towards receiving a final permit for drilling there. The United States Forest Service (USFS) has now reviewed VR’s drill permit application and given the go-ahead meaning the firm will now post an environmental bond, a standard condition for a final permit. The hill at Amsel is one of the seven properties that make up VR’s Big Ten epithermal gold project in the Walker Lane belt of Nevada – a 20 kilometer (km) long mineral trend. Amsel itself consists of 66 claims covering 1,363 acres and includes a large topographical feature with a surface footprint defined by a 2 km x 2 km gold-silver soil anomaly.

Victory Square Technologies Inc (CSE:VST, OTCQX:VSQTF) said it has signed a share purchase agreement to invest in Vancouver-based technology company Shop and Shout Ltd, doing business as Creator.co. Creator.co is a fully automated platform that connects brands with creators to drive awareness, content and conversions over social media platforms like Instagram, Facebook, Twitter, YouTube and TikTok. The platform is ranked among the Top 5 influencer platforms by Influencer Marketing Hub, according to Victory Square. It has attracted over 110,000 influencers that in turn reach over 100 million individuals. Creators on the platform have worked with leading brands like Walmart, Crayola, Rakuten Advertising and District Ventures. Victory Square said it will purchase and subscribe for 1,052,941 shares in Creator.co in consideration for C$1 million, with 352,941 shares purchased at C$0.85 per share and another 700,000 shares purchased at C$.

Fortitude Gold (OTCQB:FTCO) Corp has announced its maiden Mineral Resource estimate for its Golden Mile property in Mineral County in Nevada, which outlined strong potential growth. The gold producer’s Initial Assessment Technical Report Summary (TRS) on Golden Mile, conforming to the newly adopted Securities and Exchange Commission’s SK-1300 format, estimates in-situ ounces consisting of 78,500 Indicated gold ounces and 84,500 Inferred gold ounces. The mineralization at Golden Mile remains open along strike and at depth, noted the company.

Plurilock Security Inc has announced a strategic partnership with Absolute Software (TSX:ABT) that will see it pairing its DEFEND continuous authentication solution with Absolute’s ‘Application Persistence’ capabilities. The identity-centric cybersecurity solutions provider said the partnership with Absolute, a leader in next-generation Endpoint Resilience solutions, was announced at the InfoSec World Digital 2021 from November 9 to 10 in Orlando, Florida. It aligns with Absolute’s launch of Absolute Application Persistence-as-a-Service (APaaS) and allows Plurilock to embed the power of self-healing in its DEFEND continuous authentication product, the company added. As a result of the partnership, Plurilock will offer a new comprehensive offering called DEFEND Persisted.

District Metals Corp announced that it has started a new airborne survey on its recently acquired Gruvberget and Svärdsjö properties in the historic Bergslagen mining district in Sweden. The airborne electromagnetic and magnetic surveys will cover 5,286 hectares at Gruvberget and 1,037 hectares at Svärdsjö, according to District. Gruvberget lies 35 kilometres to the northwest of the company’s flagship Tomtebo polymetallic project.

Biocept Inc (NASDAQ:BIOC) has announced the publication of a study showing that the addition of Switch-Blocker technology to common PCR-based liquid biopsy assays significantly increased sensitivity in detecting rare cancer mutations. The abstract was published in the November 2021 issue of the “Journal of Molecular Diagnostics.” The San Diego, California-based company’s proprietary Switch-Blocker technology enriches oncogenic mutations of interest, while suppressing wild-type (normal) DNA, resulting in ultra-high sensitivity and accuracy.

Altiplano Metals Inc said it is increasing its operations at the Maria Luisa gold-copper mine near Incahuasi, Chile. The company said work at Maria Luisa has begun with site excavation and road work to support the construction of the decline. Initial work has also started on the decline entrance where several rounds of drilling and blasting have been completed. Altiplano said it recently obtained an Exploitation Permit to begin underground exploration and development work at Maria Luisa, as the permit provided the opportunity to begin the surface and underground work required to commence the decline tunnel. 

RedHill Biopharma Ltd (NASDAQ:RDHL) said it has entered into a strategic investment agreement with South Korean corporation, Kukbo Co. Ltd for the sale of RedHill’s American Depositary Shares (ADSs) in a private placement of up to $10 million at a 20% premium to the prior 30 trading days’ volume-weighted average price (VWAP). Kukbo’s strategic investment in RedHill is to be made in two tranches, with the first tranche of $5 million already paid and the second tranche of $5 million to follow within six months, subject to satisfaction of certain conditions. As part of the first tranche, RedHill is to issue 827,586 ADSs at a purchase price of $6.04, representing a 20% premium based on the VWAP of RedHill’s ADS on NASDAQ over the 30 trading days ending on the effective date. All ADSs are to be issued with a 180-day transfer restriction. In addition, under the terms of the agreement, RedHill has agreed to grant Kukbo a right of first offer, for a period of six months, for a license with respect to one or more of RedHill’s late-stage clinical assets, opaganib, RHB-107 (upamostat) and Talicia®, for one or more of the territories of South Korea, Japan, Indonesia, Vietnam, Thailand and Malaysia. Kukbo has the right to elect not to purchase the ADSs in the second tranche if no such license agreement is executed within six months of the closing of the first tranche.

Progressive Planet Solutions Inc (TSX-V:PLAN) has announced the launch of PozGlass 100G SCM —  the company’s new and proprietary supplementary cementing material (SCM) made from 100% recycled glass. Having received breakthrough initial test results, PozGlass 100G SCM is designed to dramatically reduce cement’s carbon footprint while increasing its performance. Natural pozzolans are prevalent in western North America as a result of volcanic activity but are generally not found along the eastern seaboard. In an effort to seamlessly gain entry into larger urban markets from coast to coast without requiring natural pozzolan to be shipped and then blended with locally sourced recycled glass, Progressive Planet quietly developed and tested its new version of PozGlass. The name, PozGlass 100G, reflects the fact that this revolutionary SCM uses 100% post-consumer glass, which is micronized to a fine powder and permanently sequesters CO2 through proprietary processes, the company said in a statement.

Stuhini Exploration Ltd (TSX-V:STU) said it has retained Mine Development Associates (MDA), a division of RESPEC, to update the 2009 molybdenum historic resource estimate for its Ruby Creek Molybdenum project, located 35 kilometres (km) by road east of Atlin, British Columbia (BC), which was prepared for a prior operator, into a current mineral resource estimate. The data review, modelling and resource estimation will be conducted in accordance with NI43-101 standards by the MDA associates and qualified persons, Steve Ristorcelli and Peter A. Ronning. David O’Brien. Stuhini president & CEO commented: “We are honoured to be working with such a reputable firm as MDA. With the steady increase in the price of molybdenum over the past 16 months, the Company and its Board have initiated a strategic review process that encompasses an evaluation of the Company’s development strategy and business plan. Simultaneously our technical team has been working on re-compiling the vast dataset on the Ruby Creek molybdenum project in preparation for project advancement.” The company also announces the grant of stock options to a consultant to purchase 120,000 common shares of the company at $0.60 per share until November 9, 2023. The options will not be subject to any vesting requirements and are subject to the terms of the company’s Stock Option Plan and TSX Venture Exchange approval.

CO2 GRO Inc (TSX-V:GROW, OTCQB:BLONF) has said that besides coronavirus-related labor shortages and supply chain bottlenecks, the recent sharp rise of fossil fuels, CO2 gas shortages rising costs, and carbon taxes globally are negatively impacting the profitability of all protected vegetable, flower, and cannabis growers. The Toronto-based company believes that now, more than ever, all protected agriculture growers will realize increasingly significant benefits of its sustainable, highly efficient, low-cost CO2 Delivery Solutions technology. Natural gas prices affect the functioning of facilities and may lead them to close down. For instance, natural gas is employed in the manufacture of ammonia which produces CO2 gas as a by-product. When natural gas prices increase dramatically, the production of ammonia can be unprofitable leading to facility shutdowns as occurred at Terra Nitrogen in the UK and the loss of CO2 gas production that was being captured and delivered to greenhouses.

Gevo Inc (NASDAQ:GEVO) has announced that Dr Patrick Gruber, its chief executive officer, Lindsay Fitzgerald, vice president of Government Relations, and Karen O’Brien, Sustainability Engineering Manager, will attend the Alternative Fuels & Chemicals Coalition (AFCC) 2021 Biobased Economy Conference in Washington, DC to discuss decarbonization efforts in the renewable fuels and aviation sectors. The AFCC Biobased Economy Conference series brings together business leaders, researchers, government representatives, investors, and policymakers in the biobased economy with the goal of reducing the US reliance on petroleum, increasing the use of renewable agricultural resources, and decreasing adverse environmental and health impacts. On Tuesday, November 16, 2021, from 11.45am-1.00pm (ET), Dr Gruber will present in a Plenary session on ‘Sustainable Aviation Fuels (SAF): Challenges, Successes, and Future for SAF in 2022′, where he will evaluate the future of Sustainable Aviation Fuel, analyze potential challenges and advancements, and identify how the aviation sector plans to reduce jet fuel emissions by 20% by 2030 and achieve zero-carbon status by 2050.

FansUnite Entertainment Inc (CSE:FANS, OTCQX:FUNFF) revealed that it has been inspired to launch the VamosGG Cup tournament after its Brazilian esports wagering platform VamosGG achieved record registrations and betting activity during the recently completed PGL Major, the world’s largest Counter-Strike: Global Offensive Major Championship, colloquially known as Majors, or CS:GO. “Building on Brazil’s response to the PGL Major, FansUnite is pleased to announce the launch of the VamosGG Cup,” said FansUnite. The tournament will provide an opportunity to demonstrate the “strength of the VamosGG brand, drive more customer registrations, increase FansUnite’s local betting offerings and showcase the breadth of the company’s platform to partners”, added the company. The global sports and entertainment company, which is focusing on technology related to regulated and lawful online gaming, said more details regarding the VamosGG Cup will be revealed in the “near future”.

Scottie Resources Corp has announced drill results from its Blueberry Zone in British Columbia, which included 4.3 grams per tonne (g/t) gold over 11.9 meters (m) as well as 12.0 g/t gold over 6.1m in a 100m step-out from the nearest intercept on the structure. The company said the new intercepts extend the strike of the zone 100m to the south. “These remarkable results show the size and strength of the gold system present at our Blueberry Zone, and further support our geological model,” Scottie Resources CEO Brad Rourke said in a statement.

Ketamine One (NEO:MEDI.AQN) Capital Limited (LSE:CAPD) revealed that it plans to confidentially submit a draft registration statement (Form S-1) to the US Securities and Exchange Commission (SEC) relating to a potential initial public offering (IPO) of its shares in the United States. The Vancouver, British Columbia-based company, focused on consolidating medical clinics and becoming a North American leader in mental health treatments, said the IPO is expected in the first half of 2022 and will be for up to US$20 million common shares. “The number of common shares to be offered, the use of proceeds, and the price range for the proposed IPO have not yet been determined,” added the company. In the same statement, Ketamine One (NEO:MEDI.AQN) announced that Steven Inglefield has been appointed as chief operating officer (COO) of the company. Inglefield is the founder of Integrated Rehab and Performance Ltd., which was acquired by Ketamine One (NEO:MEDI.AQN) in June of 2021 and has since been rebranded as IRP Health.

i-80 Gold Corp has unveiled a positive preliminary economic assessment (PEA) for its Granite Creek project in Nevada, which confirmed the “substantial economic opportunity” that could be realized via developing both the open pit and underground mines there. The report considered output of 1,245,900 ounces of gold over a nine-year life for the mine in Humboldt county and showed an after-tax net present value (NPV) of US$244.9 million. The after-tax internal rate of return (IRR) was pegged at 34.2%, while the all-in sustaining cost per ounce of gold produced was US$963.40.

Naturally Splendid Enterprises Ltd announced that NATERA Plant-Based Foods will be sold through Sealand Quality Foods. The Vancouver, British Columbia-based company said that Sealand Quality Foods is offering a variety box of NATERA Plant-Based Burgers, Chick-un Kiev, Chick-un Cutlets, and Sweet Chill Chick-un Tenders to their customer base. Sealand Quality Foods has been servicing Canadians from coast to coast for over 35 years and is the largest company of its kind in Canada. “Since meeting and working with Joe, we knew that Sealand Quality Foods personalized sale and delivery model, with the importance they put on the high-quality products and service, was a perfect fit for us,” said Naturally Splendid CEO J. Craig Goodwin in a statement. 

Heritage Cannabis Holdings Corp said it has signed a definitive white label agreement with BRNT Ltd, an Alberta-based brand house and cannabis ancillary company that launched Violet Tourist, the top-performing dried flower and pre-roll brand in the Canadian province. Under the agreement, Heritage said it will work with BRNT to immediately launch Violet Tourist branded cannabis 2.0 infused pre-roll in Alberta, to expand distribution of the brand across Canada and add to its associated stock-keeping unit (SKU) listings in both the cannabis 1.0 and 2.0 segments. The terms of the agreement provide Heritage with control of procurement and supply chain and effectively grants Heritage rights to fully operate the proven Alberta brand, the company added.

Canada Silver Cobalt Works Inc announced that it has established a separate subsidiary for its battery metals business to be named Coniagas Battery Metals Inc. The Coquitlam, British Columbia-based company said the new subsidiary will own the nickel-copper-cobalt exploration properties that it is currently exploring in northern Quebec and Ontario, as well as the proprietary ‘green’ Re-2Ox processing technology that is able to produce cobalt, nickel and copper sulphates for electric vehicle battery manufacturers.  “While the company’s main focus continues to be our world-class high-grade silver deposit at Castle East … we are also taking additional steps along the path we had outlined previously towards surfacing value for our battery metals assets,” Canada Silver Cobalt CEO Frank Basa said in a statement. “The establishment of this new subsidiary will pave the way for an eventual spin-out of our battery metals business into a separate publicly-traded company for the benefit of our shareholders.”

BioVaxys Technology Corp has revealed that results from its in vivo animal research study support the safety and tolerability of CoviDTH at two intradermal dose levels across a battery of clinical pathology, immunology, and histopathology evaluations. CoviDTH is the world’s first and only low-cost, disposable, point-of-care diagnostic tool that screens for a T-cell response to SARS-CoV-2, the virus that causes coronavirus (Covid-19), according to BioVaxys. The Vancouver, British Columbia-based biotech said the objective of the study was to determine the potential toxicity and toxicokinetic profile of SARS-CoV-2 Spike Protein when administered two times through intradermal injection in a rabbit model, and to determine the persistence or reversibility of any toxic effects over a one-week recovery period.

ESE Entertainment Inc. (TSX-V:ESE) has announced that Trinity Force Puchar Polski, an official League of Legends tournament organized by the company’s acquisition target Frenzy sp. z.o.o., has entered its final phase. The playoffs will take place from November 12-14 and will be broadcast on Polsat Games channels. ESE said Trinity Force Puchar Polski is a tournament that is intended to fill the offseason gap in the Polish League of Legends calendar. The competition has seen more than 315 players from 63 teams participate. ESE said Frenzy is responsible for the organization and production of the qualifying tournaments and the final stage. The main stage of the tournament began on October 26 with group matches.

Organic Garage Ltd announced that its plant-based food business Future of Cheese Inc has engaged sales and marketing firm Oxford Hill Partners to develop and help execute its North American growth strategy and product roll-out. The company said Oxford Hill Partners has been used by over 50 clients around the world, including Fortune 500 conglomerates such as Procter & Gamble (NYSE:PG), Danone (OTCQX:DANOY), Nestlé, and Hyundai to develop and execute strategies ranging from marketing planning and execution, sales strategies, digital and online, e-commerce, branding and positioning and valuation growth. The US-based firm was founded in 2006 by Yosi Heber, a former senior executive at Kraft, Danone (OTCQX:DANOY) and Barry Diller’s IAC/InterActiveCorp., who recently joined Future of Cheese’s advisory board.

Standard Uranium (TSX-V:STND) Ltd said it has completed the Phase II summer 2021 diamond drilling program at its flagship Davidson River project in Saskatchewan’s Southwest Athabasca Uranium (TSX-V:UAX) District. The company noted that initial assay results from the drill program showed elevated radioactivity, with several high-priority geophysical drill targets successfully intersected along the Saint, Warrior and Bronco trends. “Despite challenging conditions, we have intersected some of the most prospective basement structure and alteration to date along the Bronco and Warrior trends, in addition to zones of elevated radioactivity associated with reactivated structures and pegmatitic basement rocks,” Standard Uranium (TSX-V:STND) CEO Jon Bey said in a statement.

LexaGene Holdings Inc said it has successfully expanded its biopharmaceutical contamination panel by developing a Burkholderia test for use on its MiQLab system. Burkholderia cepacia complex, a group of about 24 related environmental bacteria, is a problem contaminant for the biopharma industry. B. cepacia is the most common microbial contaminant in nonsterile pharmaceutical products, accounting for up to 39% of product contamination. The Beverly, Massachusetts-based company said that the Food and Drugs Administration (FDA) advised drug manufacturers to test for Burkholderia, which has increasingly been found to be the cause of recalled products, including a skin gel, an ultrasound gel, and a mouthwash earlier in July.

TraceSafe Inc has told investors that it will recognise US$5.96 million in revenue for the third quarter of its 2021 financial year, breaking all previous revenue records to date. The company said it also recorded its first quarterly profit, with diluted earnings per share of $0.03, up from a $0.02 loss in 3Q 2020. ”We witnessed phenomenal growth this year. Along with becoming profitable in the third quarter, we recorded our highest revenue since inception,” CEO Wayne Lloyd said in a statement. “We made a strong impact with products that empower businesses and respond to the evolving needs of our customers. These results, fuelled by new verticals and repeat business from multiple clients, cement our position as one of the most innovative providers of IoT (Internet of things) based solutions,” he added.

Cabral Gold Inc (TSX-V:CBR) has unveiled new assay results from its drilling campaign at the MG gold deposit on the firm’s flagship Cuiú property in northern Brazil. Results from 17 drill holes included 46 metres (m) at 1.2 grams per ton (g/t) gold, 22m at 0.7 g/t gold and 14m at 0.8 g/t gold. The Vancouver-based company said recent drilling at the gold-in-oxide blanket has increased the surface area of the blanket by 50% to 36 hectares – an 80% increase from the initial estimate of the size.

First Mining Gold Corp said it has received a Notice of Approval from the Ontario Ministry of the Environment, Conservation and Parks on the Environmental Assessment Terms of Reference (ToR) for its Springpole gold project in Ontario. The approval marks the formal commencement of the Ontario Environmental Assessment (EA) process and allows it to advance the regulatory process which will assess the benefits and potential environmental effects and associated mitigation measures for the project, the company said in a statement. It has worked closely with local and indigenous communities and government agencies to develop the final ToR that considers their feedback, it added.

Nextech AR Solutions Corp announced its latest offering in the metaverse – a SaaS studio SDK that will allow people to create their own virtual world. The new studio will be branded as the ARitize Metaverse Studio, the Vancouver-based technology company said in a statement. ARitize Metaverse Studio will bring all of Nextech’s solutions into one web-based studio and will be interoperable with other platforms like Meta’s AR Spark Studio, Snap’s Lens Studio and Apple’s Reality Composer.

Quaterra Resources Inc (TSX-V:QTA, OTCQB:QTRRF) said it has selected NewFields Companies LLC to lead environmental permitting efforts for the MacArthur oxide copper project.  NewFields is a leading global environmental engineering and construction management firm with expertise in natural resource and development projects, specifically in Nevada. The company said it has also selected EM Strategies – a WestLand Resources Inc. company – to complete the baseline environmental studies for the project. EM Strategies is a recognized leader in managing these important aspects of development projects throughout the Western United States.

American Eagle Gold (TSX-V:AE) Corp said the drilling program at its flagship Golden Gate property, within the Cortez Trend and adjacent to Barrick’s Goldrush mine in Nevada, is due to begin soon. Drill pad construction is in progress and the company will start its 3,000-metre drill campaign shortly. It aims to intercept lower plate rocks, allowing it to vector towards potential gold deposits within a similar geologic environment as Barrick’s Cortez Hills and Goldrush deposits, the company noted. “We are excited to begin drilling at our Golden Gate Property, which American Eagle consolidated, and forms the entire southern extension of Barrick’s Cortez facility. Our preceding exploration work has given our team confidence in our targeting within one of the few untested land packages in this region,” said American Eagle CEO Anthony Moreau in a statement.

Alternus Energy Group PLC said it has successfully completed a tap issue of €20 million of its senior secured green bond issue, aimed at growing photovoltaic (PV) capacity across its core markets. The independent power producer said Arctic Securities AS acted as financial adviser and sole bookrunner for the tap issue, which was completed through its wholly-owned subsidiary, Solis Bond Company DAC. The proceeds are intended to fund the acquisition of 14 operational Polish PV assets, totaling 14 megawatts peak (MWp) and 1 Italian PV asset of 1 MWp, in addition to the recapitalization of an existing Italian park, the company added. Alternus said the acquisitions will strengthen its position across its core markets and increase its total operating capacity by 12% and long-run underlying earnings (EBITDA) by approximately 8%.

Braxia Scientific Corp has announced that CEO Dr Roger McIntyre is joining KetaMD as an adviser. KetaMD, currently in beta, is a telemedicine platform in development that aims to provide affordable, potentially life-changing, at-home medical ketamine treatments guided by registered nurses. Braxia said Dr. McIntyre is a world-renowned expert in the treatment of depression and has contributed extensively to clinical practice guidelines for ketamine. He has been involved in nearly 750 published research endeavors centered around the treatment of mental health disorders. 

RedHill Biopharma also announced that Guy Goldberg, its chief business officer, will present an overview of the company and host 1-on-1 investor meetings at the following virtual conferences in November: HC Wainwright 7th Annual Israel Conference on Monday, November 15, 2021, at 8.00am EST; webcast available live and on-demand for 30 days via https://www.redhillbio.com/investors; and the German Equity Forum (Deutsches Eigenkapital Forum, EKF) on Tuesday, November 23, 2021, at 2.30 pm CET / 8.30am EST, webcast available on-demand after the conference for 30 days via https://www.redhillbio.com/investors

Boosh Plant-Based Brands Inc (CSE:VEGI, OTC:VGGIF) said it has closed a private placement for the amount of $1.25 million.  One strategic investor subscriber for 1,250,000 units at a price of $1.00 per unit, each unit consisting of one common share and one warrant exercisable at $1.35 per share until November 8, 2024. The proceeds from the private placement will be used for general working capital, ongoing product development and future plant-based acquisition opportunities.  All securities issued in the private placement are subject to a four-month hold period expiring on March 9, 2022.  Aggregate finder’s fees of $125,000 payable through the issuance of 125,000 units on the same terms as the placement units and the issuance of 125,000 broker’s warrants exercisable to acquire units at a price of $1.00 per unit until November 8, 2024, were issued.

Lumina Gold Corp (TSX-V:LUM, OTCQX:LMGDF) said the TSX Venture Exchange has accepted for filing documentation with respect to its brokered and non-brokered private placement announced September 13, 2021, which saw the issue of 6,179,500 brokered shares at a purchase price of 60 cents per share and 15,468,111 non-brokered shares at a purchase price of 60 cents per share with 112 placees. Lumina Gold also said the TSX Venture Exchange has accepted for filing the company’s proposal to issue 8,666,666 shares at a deemed price of 60 cents to settle outstanding debt for $5.2 million with one creditor.

Star Royalties Ltd (TSX-V:STRR) has announced that Alex Pernin, its CEO and Director will present live at VirtualInvestorConferences.com on November 11, 2021, at 4.00pm ESTvia the following link: https://bit.ly/3mismqK. This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event. It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates. Investors can learn more about the event at: www.virtualinvestorconferences.com

Vuzix Corporation (NASDAQ:VUZI) has announced that the company will be participating in the 12th Annual Augmented World Expo USA Event, which is being held November 9-11, 2021, at Santa Clara Convention Center in Santa Clara, California. AWE is the world’s largest conference and expo for professionals focused on Augmented Reality (AR), Virtual Reality (VR) and Wearable Technology. At this event, Vuzix will be showcasing its M400 and M4000 Smart Glasses via a work instruction demo and highlighting various healthcare and video streaming solutions, as well as displaying an extensive array of mounting options. Vuzix welcomes all interested parties to stop by Booth #725 to learn more about the company’s products and see them in action. Registration and tickets for this live event can be obtained at www.awexr.com.

Vyant Bio (NASDAQ:VYNT) Inc has announced that it will host an investor conference call and webcast on Thursday, November 11, 2021, 4.30pm pm ET Jay Roberts, the company’s chief executive officer, and Andy LaFrence, its chief financial officer will highlight corporate, scientific, financial, and operational results achieved in the third quarter of 2021. Dial-In details: Toll Free: +1.877.545.0320 Conference ID: 478381; Webcast: https://www.webcaster4.com/Webcast/Page/2756/43513. The live event will be recorded and available for replay. The conference call and webcast details are also included inside the Investors section of the Vyant Bio (NASDAQ:VYNT) corporate website at www.vyantbio.com.

American Resources Corporation (NASDAQ:AREC) has announced that it will report its third-quarter 2021 financial results on Monday, November 15, 2021. The American Resources management will host a conference call and live audio webcast to provide a business outlook at 11.00am ET that same day. Interested participants and investors may access the conference call by dialing (877) 407-4019 and referencing American Resources Corporation (NASDAQ:AREC)‘s Third Quarter of 2021 Conference Call, or by the following webcast link: https://78449.themediaframe.com/dataconf/productusers/arec/mediaframe/47387/indexl.html. An audio replay will be available on the company’s website following the call.

Wellteq Digital Health Inc has said its management will host an investor webcast presentation on Wednesday, November 10, 2021, at 11.00am ET (8.00am PT). During the webcast, Scott Montgomery, Wellteq CEO and Brian Leeners, executive director will present the key areas of Wellteq’s business and growth initiatives. Investors will also have an opportunity to ask relevant questions through an interactive Q & A portal. After the event, an archived version of the webcast and presentation will be available using the same link or in the investor relations section of the company’s website. To access the webcast or to ask questions during the live event, investors can pre-register via the following link: https://event.webcasts.com/starthere.jsp?ei=1501639&tp_key=5b3304ee3d. Wellteq also announced the company’s participation in the 3rd Annual Canaccord Genuity (TSX:CF, LSE:CF) Health & Wellness Conference on Tuesday, November 16, 2021, at 9.00am ET (6.00am PT). To access the Canaccord Genuity (TSX:CF, LSE:CF) Health and Wellness Conference, investors can pre-register via the following link: https://www.meetmax.com/sched/event_77933/investor_reg_new.html?attendee_role_id=INVESTOR

Water Tower Research Inc has published an update note on Culp, Inc which can be accessed via the following link: https://www.watertowerresearch.com/content/updating-estimates-for-2q22-pre-release/

Story by ProactiveInvestors