A glance at some of the day’s highlights from the Proactive Investors US and Canada newswires
Loop Insights Inc. (CVE:MTRX) (OTCQB:RACMF), a provider of contactless solutions and artificial intelligence for the brick and mortar space, has announced a new Proof of Concept (PoC) with Suresite Group which will see selected of the company’s UK forecourt or gas station convenience store locations take advantage of Loop’s IoT Fobi device and Insights platform. Loop said this latest agreement with Suresite represents its entry into the UK’s retail energy sectors, as part of wider business development efforts in the UK. According to KPMG, the UK’s forecourt or gas station convenience store sector generates approximately £4.5 billion in annual revenue.
BMEX Gold Inc.(CVE:BMEX) (FRA:8M0) has announced the appointment of Warner Uhl as president, CEO and director of the company. The company said, after an extensive search, Uhl quickly emerged as the candidate of choice, due to the combination of his work experience, his history of successful project execution in various stages of exploration and resource development, as well as his seamless fit within the organizational culture at BMEX. It noted that Uhl assumes the leadership role during an active exploration season, with BMEX having just completed its inaugural drill program at the King Tut property in Quebec.
Else Nutrition Holdings Inc. (CVE:BABY) (OTCQX:BABYF) has said it will expand distribution of its Plant-Based Complete Nutrition for Toddlers into 159 Natural Grocers by Vitamin Cottage stores across 20 US states as of May 2021. The Plant-Based baby, toddler and children nutrition company noted that Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) is one of the leading natural food grocers in the US, with 159 stores in 20 states west of the Mississippi river. “Launching at Natural Grocers by Vitamin Cottage drives significant and strategic distribution for the brand. We are particularly excited by the alignment between this retailer and with our brand, both focusing on helping people through sustainable, organic nutrition solutions, said Hamutal Yitzhak, Else CEO and co-founder in a statement. “We are eager to bring real, organic and whole food-based, clean label solutions to families in this region,” she added.
Heritage Cannabis Holdings Corp (CSE:CANN) (OTCQX:HERTF) (FRA:2UE) said that its subsidiary CannaCure Corp has been granted an amended sales license by Health Canada from April 12, 2021 for selling dried cannabis products, including flower and pre-rolls, directly to the provincial and territorial cannabis boards. The Toronto-based company focused on the production and sale of medical and recreational hemp-based and cannabis products, already offers extract and extract derivative products across Canada through its Pura Vida, Purefarma, RAD, Premium 5, and feelgood brands. Heritage said that with the amended license, it will have the opportunity to address the “largest category in terms of revenue in the Canadian cannabis market.” In the beginning of May, the company will add dried cannabis products to its already expansive portfolio of products, with the introduction of products under its popular RAD brand.
Mandalay Resources Corporation (TSE:MND) (OTCQB:MNDJF) posted its 1Q 2021 production results that marked the miner’s third consecutive quarter of increased production. The Toronto-based company produced 28,676 gold equivalent ounces during the period and sold 28,218 ounces, with 23,857 ounces of gold sold – its highest quarterly amount in three years. The figures were a gain on last year’s production levels for the similar quarter, when Mandalay produced 25,677 gold equivalent ounces and sold 24,276 ounces.
Empower Clinics Inc (CSE:CBDT) (FRA:8EC) (OTCQB:EPWCF) announced that its Kai Medical Laboratory (KAI) has received an order to supply COVID-19 RT-PCR tests to two new film and televisions production that is expected to be worth more the C$750,000. The transaction represents a repeat purchase of roughly 5,000 tests that Empower will process over a two-month period. The company received an initial order for 1,000 tests from a major TV and film production shortly after acquiring KAI in October and a follow-up order for 9,000 tests with more than C$1 million in November.
Predictmedix Inc (CSE:PMED) (OTCQB:PMEDF), an artificial intelligence company developing disruptive tools for impairment testing and healthcare, revealed that it has won a 24-month, multi-unit contract to deploy Safe Entry Stations throughout the North American operations of Flow Water Inc. The Toronto-based company said the partnership marks the “successful completion of its initial pilot,” as the technology is now scaled and deployed across all of Flow’s operations both in Canada and the United States. A pioneer in the health and wellness arena, Flow was one of the first in Eastern Canada to partner with Predictmedix and Juiceworks Exhibits (JUICEWORKS) to implement Safe Entry Stations at their Aurora facilities in August last year.
O3 Mining Inc. (CVE:OIII) (OTCQX:OIIIF) said it has sold its Kinebik Gold Project located between the towns of Matagami and Lebel-sur-Quévillon, in northern Quebec, to Tri Origin Exploration Ltd. Under the terms of the agreement, O3 Mining received 2,700,000 common shares of Tri Origin, which are subject to a statutory four-month and a day hold period. After giving effect to the transaction, O3 Mining now holds an aggregate of 5,100,000 shares of Tri Origin, representing approximately 9.87% of the issued and outstanding Tri Origin shares on a non-diluted basis.
Nomad Royalty Company Ltd (TSE:NSR) (OTCQX:NSRXF) (FRA:IRLB) revealed it had delivered a record 5,575 gold equivalent ounces during the first quarter of 2021 from its royalty and streaming assets. The Montreal-based company recorded preliminary revenues of US$9.7 million for the three-month period ended March 31, 2021, resulting in preliminary cash operating margin of $7.9 million, according to a statement. Nomad also told shareholders that it had received its first shipment of gold from the Blyvoor mine in South Africa, where operations have resumed and production is ramping up after an “unlawful blockade” by members of a local union.
Biocept Inc (NASDAQ:BIOC) (FRA:B003) reports that since the company began offering SARS-CoV-2 testing services in June 2020, it has now received more than 350,000 samples. These test samples are processed using Biocept’s RT-PCR technology at its CLIA-certified, CAP-accredited high-complexity molecular laboratory in San Diego. “We are exceptionally proud to continue supporting our community with SARS-CoV-2 testing and providing healthcare providers with rapid turnaround of valuable information to help contain viral spread,” said Michael Nall, president and CEO of Biocept.
Phunware, Inc. (NASDAQ:PHUN) said it has released its Loyalty Software Development Kit (SDK) for Apple iOS and Google Android on GitHub to support the issuance of PhunToken by third-party mobile applications. The company, a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide, said the important milestone, in support of the broader launch of its Multiscreen-as-a-Service (MaaS) Mobile Loyalty Ecosystem, helps brands incentivize engagement and drive customer loyalty. By integrating this lightweight SDK, any mobile application publisher can track and reward in-app customer behavior on Apple iOS and Google Android.
FansUnite Entertainment Inc (CSE:FANS) (OTCQB:FUNFF) (FRA:4UY) said its betting volume hit a record C$28.3 million in the first quarter of 2021 as its McBookie sportsbook and casino business realized a record gross gaming revenue of C$982,000, a 136% year-over-year increase. At its peak betting volume during the quarter, McBookie had over 1,000 unique customers on the casino alone, as well as 23,000 bets placed in a single week on the sportsbook – the highest number of wagers in a week since its inception in 2009.
Hillcrest Energy Technologies Ltd (CSE:HEAT) (OTCMKTS:HLRTF) (FRA:7HIA.F) has signed a five-year technology collaboration agreement with Systematec GmbH, a German specialist engineering innovator and component designer to Airbus, Audi, BMW, Continental, Volvo Truck Corporation and other hybrid-auto/electrical vehicle and electrical equipment manufacturers. Hillcrest said technical teams on both continents will jointly manage engineering activities to leverage its electric machine control software and develop high-value power electronics and electromechanical intellectual property (IP) and technology for commercialization. All products and IP developed through the collaboration will be owned by Hillcrest.
African Gold Group Inc (CVE:AGG) has provided an update on the development of its flagship Kobada Project in Mali, saying it has received board approval to initiate an update to the July 2020 Definitive Feasibility Study (DFS) to incorporate sulphides. During the past months, the company said it has been working diligently at advancing the project, focusing mainly on increasing the reserve base and optimizing the free-milling sulphide metallurgical testing. African Gold said its board agreed to the updated DFS following highly encouraging results from the exploration drilling campaign and sulphide metallurgical testwork. The goal now is to increase the production profile and overall project economics beyond the robust results of the previous DFS.
Psyched Wellness Ltd. (CSE:PSYC) (OTCQB:PSYCF) (FRA:5U9) has announced that its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company (DTC). DTC is a subsidiary of the Depository Trust & Clearing Corp. that manages the electronic clearing and settlement of publicly-traded companies in the United States. Through an electronic method of clearing securities, DTC eligibility simplifies the process of trading and transferring the company’s common shares between brokerages in the United States. Jeff Stevens, Psyched Wellness CEO, commented: “By achieving DTC eligibility, Psyched shares become more accessible to an even broader range of investors. This important milestone will strengthen our U.S. and global shareholder base and increase the liquidity of our common shares to the benefit of all investors. Psyched stock is now traded in Canada (PSYC), Germany (5U9) and the United States (PSYCF) positioning the Company in both domestic and international markets to continue to grow a global investor base.”
Virtual Investor Conferences and KCSA Strategic Communications have announced the agenda for the upcoming KCSA Cannabis Industry Virtual lnvestor Conference. The program opens at 10.15am ET, with the first live webcast at 10.30am ET, on Tuesday, April 20, 2021, and investors can register at: https://bit.ly/3aaAXoT. For more information about the program and to view a complete calendar of Virtual Investor Conferences, investors can visit: www.virtualinvestorconferences.com. A real-time solution for investor engagement, Virtual Investor Conferences is part of OTC Market Group Inc.’s (OTCQX:OTCM) suite of investor relations services specifically designed for more efficient Investor Access. Replicating the look and feel of on-site investor conferences, Virtual Investor Conferences combine leading-edge conferencing and investor communications capabilities with a comprehensive global investor audience network.
Great Panther Mining Limited (TSE:GPR) (NYSEAMERICAN:GPL) (FRA:G3U) reported its 1Q 2021 operating results, producing 22,996 gold ounces from its Tucano mine in Brazil, as well as 363,318 silver equivalent ounces from its Topia mine and 279,306 silver equivalent ounces from the Guanajuato Mine Complex (GMC) in Mexico. In total, its consolidated metal production for the quarter was 30,556 gold equivalent ounces. The company also noted that its operations are on track to meet previously-announced consolidated production guidance for 2021 of 135,000 to 150,000 gold equivalent ounces. “I am pleased to report that operations continue safely despite COVID-19 and we remain on track with our proposed guidance for the year,” Great Panther Mining CEO Rob Henderson said in a statement.
Lexaria Bioscience Corp (NASDAQ:LEXX) (CSE:LXX) announced that its corporate client Amari Corp’s “Everyday Calm” CBD product was named a Top CBD Product Pick by New Hope Network, host of the industry-leading Natural Products Expo conference events. Lexaria provided Amari with its DehydraTECH technology, which delivers CBD to the body more quickly and effectively than traditional formulations, as shown in repeated studies.
Tetra Bio-Pharma Inc (TSE:TBP) (OTCQB:TBPMF) (FRA:JAM1) revealed that it has advanced its REDUVO cannabinoid soft gel capsules New Drug Submission (NDS) file by responding to a request for more information from Health Canada. The company had previously talked about Health Canada’s request on March 15. “The review is part of the overall requirement for Tetra to be able to sell and distribute REDUVO soft gel capsules in Canada,” said the company. REDUVO will allow Tetra to establish a revenue stream based on a synthetic cannabinoid drug for major markets in Chemotherapy-induced Nausea and Vomiting (CINV).
WeedMD Inc (CVE:WMD) (OTCQX:WDDMF) (FRA:4WE) has tapped Beth Carreon, a seasoned financial executive with broad experience in corporate finance, mergers and acquisitions (M&A), banking, and consumer-packaged-goods (CPG), as its new CFO. Carreon, whose appointment is effective May 3, succeeds Lincoln Greenidge, who will be stepping down on April 30, the company said. Most recently, Carreon served as vice president of finance at Tilray Canada, where she successfully led and managed the company’s global treasury, shared services, and financial planning teams as well as M&A integration activities.
Mirasol Resources Ltd. (CVE:MRZ) (OTCPINK:MRZLF) has announced the appointment of Timothy Heenan to the permanent position of president for the company. Heenan was one of the original founders of Mirasol and has led the company’s exploration operations in South America since its inception in 2003. He has served in progressively senior positions, including country manager, vice president Exploration and interim president. In a statement, Mirasol’s executive chair, Patrick Evans, commented: “Mr Heenan served as Interim President during an exhaustive CEO search, which has now concluded. The Board of Mirasol congratulates Tim on his appointment as President. After a wide search and careful consideration of a number of well-qualified candidates, the Board concluded that Mr Heenan is best placed to provide operational leadership to the Company.”
The Valens Company Inc. (TSX:VLNS) (OTCQX:VLNCF), a leading manufacturer of cannabis products, has announced the launch of nūance CBD bath bombs. The bath bombs will join nūance’s lineup of premium wellness products developed with trusted ingredients and designed to provide consumers customizable self-care experiences. Each nūance bath bomb is crafted with all-natural plant-derived essential oils and infused with 100mg of premium CBD. Designed for ready-to-use self-care at home, consumers can simply drop the CBD bath bomb in warm bathwater, relax and take in the aromatic scent.
Plurilock Security Inc (CVE:PLUR) said the TSX Venture Exchange has accepted for filing a share purchase agreement dated March 29, 2021, between the company and Aurora Systems Consulting Inc., whereby Plurilock has agreed to acquire all of the issued and outstanding shares of Aurora for the consideration of US$900,000 in cash and the issuance of 698,888 shares of the company. Any additional issuance of shares based on certain milestone is subject to the exchange approval. There is a finder’s fee payable to Kernel Advisory Inc. (Ira Goldstein) in $25,000 cash and in 46,296 shares of the company.
Loop Insights Inc (CVE:MTRX) said the TSX Venture Exchange has accepted for filing documentation pertaining to a share purchase agreement dated March 29, 2021, between the company and vendors David Sporer and Mario C.G. Juhnke, whereby Loop may acquire all of the issued and outstanding shares in the capital of Mediahelden GmbH, doing business as Passcreator, a digital wallet company. Under the terms of the agreement, the company will pay US$123,000 in cash and issue 1,301,425 common shares at a deemed value of C$1.4277 per share to satisfy the C$1,858,066 (US$1,477,000 purchase price). The company will also make secured limited recourse loans to the vendors in the aggregate amount of up to US$510,000 . Additionally, upon closing, the company will grant an aggregate of one million incentive stock options to the vendors as retained officers of Passcreator under new employment agreement.
Codebase Ventures Inc. (CSE:CODE) (FRA:C5B)(OTCQB:BKLLF) said it has issued a total of 7,400,000 options under its incentive stock option plan to management, employees and consultants. Each option entitles the holder to subscribe for one common share of the company for $0.265 for a period of 5 years, subject to the terms of the plan. The company also said it has agreed to engage Aktiencheck.de AG, for €50,000 for a European marketing and news dissemination program. The length of such program depends upon the company’s future news flow.
Xigem Technologies Corporation (CSE:XIGM) (FRA:2C1), a technology provider for the emerging remote economy, said it has entered into debt settlement agreements with three arm’s length creditors whereby the company will settle outstanding payables totalling $76,000 through the issuance of 361,904 common shares of the company at a deemed price of $0.21 per shares. The majority of the Shares issued in connection with the debt settlement will be subject to a four-month hold period in accordance with applicable securities laws, with the exception of 47,619 Shares which will be immediately free trading pursuant to section 2.3 of Ontario Securities Commission Rule 72-503. All share issuances are subject to applicable regulatory approval, including the approval of the Canadian Securities Exchange.
Telson Mining Corp (CVE:TSN) said the TSX Venture Exchange has accepted for filing the company’s proposal to issue 14.6 million shares to purchase and cancel the US$4 million Campo Morado variable purchase price royalty.
TPCO Holding Corp. (The Parent Company) (NEO:GRAM.U) (NEO:GRAM.WT.U) (OTCQX:GRAMF) (OTC PINK:GRMWF) has announced that Steve Allan, its chief executive officer, will participate in the following upcoming conferences: PI Financial Golden State Green: Going Deep into the California Cannabis Market Conference, being held on Wednesday, April 14, 2021. Management is scheduled to virtually present at 2:10 p.m. ET and participate in a roundtable discussion on California brands at 2:50 p.m. ET. To register for the event, investors can use the following link: https://us02web.zoom.us/webinar/register/WN_eK4gdqZTS5-la3sRF-csjQ; and the 2021 Sequire Cannabis Conference, being held on Tuesday, April 20, 2021. Management will virtually present at 12:30 p.m. ET. To register for the event, investors can use the following link: https://cannabis-conference.mysequire.com/
American Manganese Inc. (CVE:AMY) (OTCQB:AMYZF) (FRA:2AM) has said it will be presenting at the Benzinga Cleantech Small Cap Conference taking place on April 22, 2021. The company said Zarko Meseldzija, CTO and a director of American Manganese will take part in the panel discussion, ‘The Future of Electric Vehicles’, on April 22 at 10.10am Eastern Standard Time (EST) followed by a company presentation at 11.40am EST. To sign up to get a free spectator pass for the event, investors can use the following link: https://www.benzinga.com/events/small-cap/clean-tech/
DGTL Holdings Inc. (CVE:DGTL) (OTCQB:DGTHF) has announced its placement in an editorial published by NetworkNewsWire, one of 50+ trusted brands within the InvestorBrandNetwork, a multifaceted financial news and publishing company for private and public entities. To view the full publication, “Parabolic Growth Curve in Digital Media, Martech Sector Has Tech SPACS and Small Caps Booming,” investors can visit: https://nnw.fm/Ht8ys
PlantX Life Inc. (CSE:VEGA) (FRA:WNT1) (OTCQB:PLTXF) has announced its placement in an editorial published by NetworkNewsWire, one of 50+ trusted brands within the InvestorBrandNetwork , a multifaceted financial news and publishing company for private and public entities. To view the full publication, “Plant-Based Foods Here to Stay,” investors can visit: https://nnw.fm/WgymW
BioLargo, Inc. (OTCQB:BLGO) has said it will be presenting at the Benzinga Cleantech Small Cap Conference on Earth Day, April 22, 2021, at 11.20am EST. “If you haven’t heard about BioLargo in a while, then you only know half the story,” said BioLargo CEO Dennis P. Calvert. “We’ve grown into a serious contender in the cleantech solutions industry, and we have new water remediation technologies that can help solve a lot of pressing challenges in the world. We are excited to share our progress with the markets as we continue to provide knockout solutions to challenging global problems.” Benzinga hosts investor conferences focused on clean technologies, also known as “cleantech”, which are technologies that foster positive environmental outcomes such as reduced energy usage, water resource stewardship, and minimization of waste. Industry leaders around the world are increasingly focused on cleantech as the demand for these technologies rises globally each year. Investors can sign up for free via: https://www.benzinga.com/events/small-cap/clean-tech/
Thunderbird Entertainment Group Inc. (CVE:TBRD) (OTCQX:THBRF) has announced that it will be presenting at the Planet MicroCap Showcase: VIRTUAL on Wednesday, April 21, 2021, at 11.30am EST. Thunderbird’s president and chief executive officer, Jennifer Twiner McCarron, will be hosting the presentation and answering questions from investors. To access the live presentation, investors can use the following webcast link: https://www.webcaster4.com/Webcast/Page/2059/40602. To book investor meetings with Thunderbird and watch the company’s presentation, investors should register for the virtual event here: https://planetmicrocapshowcase.com/signup. Meetings will be scheduled and conducted via private, secure video conference through the conference event platform. The Planet MicroCap Showcase: VIRTUAL website is available here: https://planetmicrocapshowcase.com/. If you investors can’t make the live presentation, all company presentations will be available directly on the conference event platform at the following link under the tab “Agenda”: https://planetmicrocapshowcase.com/agenda
American Battery Metals Corporation (OTCQB:ABML), which is in the process of changing its name to American Battery Technology Company, has announced that its chief executive officer, Doug Cole, will present at the H.C. Wainwright Spring Mining Conference on Tuesday, April 20, 2021, at 9.30am Eastern Time. It said Cole will provide an overview during the presentation of the company’s construction and timeline for its 20,000-metric ton per year lithium-ion battery recycling pilot plant and its unique position to supply battery metals through its three divisions: lithium-ion battery recycling, extraction technology, and primary resources. He also will be available to participate in one-on-one meetings with investors who are registered to attend the Conference. Institutional investors who would like to attend the Conference and American Battery Metals’ presentation, can register via the following link: www.hcwevents.com/mining