A glance at some of the day’s highlights from the Proactive Investors US and Canada newswires
KULR Technology Group Inc () has entered into a securities purchase agreement with Yorkville Advisors worth up to roughly $13 million in gross proceeds, the company announced. The deal covers the purchase and sale of an aggregate of 650 shares of preferred stock, which is worth $10,000 per share and is convertible into common stock at a fixed price of $2.05 per share, and warrants to purchase up to 2.6 million common stock shares at $2.50 per share. The gross proceeds from the offering are expected to be approximately $6.5 million, with another $6.5 million up for grabs if the warrants are exercised in full.
Marble Financial Inc () () (FRA:2V0) said it is “excited” to launch a new offering, the GIC Savings Loan with Jenson Graf Risk Management Inc, on its artificial intelligence-powered financial wellness Software-as-a-Service (SaaS) platform, MyMarble. Founded in 2011, Jenson Graf provides consumers access to safe and affordable credit improvement products. The Vancouver, British Columbia-based financial technology company said its MyMarble Platform will provide Jenson Graf with a “progressive software solution” that will automate the GIC Savings Loan application and approval process. MyMarble will also provide Jenson Graf with an affiliate portal that will collect consumer credit and banking data through its proprietary Inverite Risk Score to support the underwriting process and improve loan performance.
Altiplano Metals Inc () announced it is about to begin mining copper-gold mineralized material in the northeast and southwest directions at the 368 metre (m) level of its Farellon copper-gold mine in Chile, following the advancement of the Hugo Decline. The company also said the extraction of copper-gold mineralized material is being conducted at the 376 m and the 389 m levels in the southwest direction.
Ltd () (OTCQB:AAGFF) has reported results from its ongoing drill core sampling program at its Challacollo silver-gold project in northern Chile, which show the potential to develop a second, lower-grade mining project at the site. Sampling assays reported included, in one hole, 264 g/t silver and 1.06 g/t gold in an interval of 5.80m starting from 109.30m depth in a vein structure and 96 g/t silver and 0.19 g/t gold in a 2m intercept from 5.10m depth in breccia.
Corp () (OTCMKTS:VOXCF) updated investors with recent developments from its operating partners, which continue to add organic value to its royalty and stream portfolio. “We are excited to share another month of highly productive operator newsflow particular to some of our development stage royalties,” said Riaan Esterhuizen, the group’s executive vice-president for Australia. “These updates include A$20 million raised to fund construction, commencement of early-works, significant statutory permitting progress, over 30,000m of planned drilling on our royalty properties and numerous high-grade gold and silver drilling results,” he added.
Q BioMed Inc () has hired WSI PBG LLC, which specializes in creating access for and selling pharmaceuticals, medical diagnostics and durable medical equipment in the Veterans Administration, Military Health System, and Indian Healthcare System. In a statement, the commercial-stage biotech company said WSI will have six Federal Account Managers promoting Strontium89 (Strontium Chloride Sr-89 Injection, USP) within 76 Veterans Administration (VA) and Military Health System (MHS) medical centers across the US.
(), which is in the process of changing its name to American Battery Technology Company (ABTC), announced it has submitted a formal application to list its common shares on the Nasdaq Stock Market. “We believe listing our common stock on the Nasdaq will improve liquidity, increase our corporate visibility in the financial markets, and create shareholder value,” CEO Doug Cole said in a statement.
ESE Entertainment Inc () (OTCQB:ENTEF) announced that its esports team K1CK qualified for the Apex Legends Global Series Championship in the EMEA group for the 2021 season. Apex Legends is a “battle royale”-style game developed by Respawn Entertainment and published by Electronic Arts. Teams in the competition have the chance to win a US$102,000 prize in the EMEA group, with the total prize pool being at least $1 million.
() (OTCMKTS:NEXNF) (FRA:NX5) is collaborating with Inc (CSE:RSF) to form a strategic alliance that will leverage their combined strengths. NEXE and Rritual will work together, building on their initial feasibility work, which includes product testing in the areas of taste profile and mixability. The anticipated initial product will be branded as Pod ‘powered by NEXE.’ This product line will be added to Rritual’s current SKUs for online sales and to CROSSMARK sales and distribution network, which includes over 3,000 retailers that will be made available to other current and future retailers.
Global Energy Metals Corporation () (OTCMKTS:GBLEF) (FRA:5GE1) has hired, subject to regulatory approval, Venture Liquidity Providers Inc (VLP) to initiate its market-making service to provide assistance in maintaining an orderly trading market for the company’s shares and improving the liquidity of its common shares. The market-making service will be undertaken by VLP through a registered broker W.D. Latimer Co. Ltd, in compliance with the applicable policies of the TSX Venture Exchange. GEMC will pay VLP C$5,000 per month for 12 months. The agreement may be terminated at any time by the company or VLP.
Inc () () (FRA:7LV) revealed that it has received its first purchase order from Cannabis NB, a subsidiary of New Brunswick Liquor Corporation (ANBL), which is the only legal recreational cannabis retailer in New Brunswick. With the purchase order, Valens, which is Canada’s most profitable public cannabis company, has now become “an official supplier” of cannabis products to the province of New Brunswick. “Our expansion into New Brunswick marks the third regional market we have entered since the beginning of 2021 – a milestone we are incredibly proud of,” said Valens co-founder and CEO Tyler Robson.
XPhyto Therapeutics Corp () () (FRA:4XT) told investors that its rapid point-of-care coronavirus (COVID-19) PCR test will be available to buy in Germany from May 25, 2021. The group’s distribution, storage and logistics partner Max Pharma GmbH will launch the test called Covid-ID Lab in Germany next week. “Covid-ID Lab provides diagnostic level accuracy in minutes at the point-of-care. It is a specialized product that is designed to fill the market gap between disposable antigen tests and centralized automated PCR systems,” said Wolfgang Probst, chief operating officer (COO) and director of XPhyto. “Examples of target customers are airports, cruise lines, pharmacies, medical clinics, and any industrial or education site that requires rapid, definitive results.”
() () () told investors that the first phase drilling at its Aureus West project in Nova Scotia had exceeded expectations, confirming high grades and the presence of further gold mineralization. The company reported assays from four holes, of a ten-hole program for 4,600 metres (m), which was completed in 2020 at Aureus West. Highlight results included an intercept of 38.6m at a grade of 1.05 grams per tonne (g/t) gold starting from a depth of 12m in one hole, which included a length of 0.9m at 17.55 g/t of the precious metal. Another hole hit 61.3m grading 1.33 g/t gold starting from 161m depth.
Braxia Scientific Corp () (OTCMKTS:SHRMF) (FRA:4960) has launched the Braxia Institute, its training Centre of Excellence focused on advancing psychiatric clinical practice and health services of ketamine and psychedelic treatment therapy. In a statement, the company said the Braxia Institute plays a vital role in improving the quality of care for people receiving psychedelic drug treatments, including ketamine and esketamine therapy, for depression and related mental health disorders. Through its research-backed training programs, the Braxia Institute is focused on advancing the knowledge base of psychiatrists, physicians, and other health care professionals globally to close the gap between clinical practice groups around the world and the protocols, competencies, and best practices identified through peer-reviewed published research.
Tocvan Ventures Corp () (FRA:TV3) said it has received permits for an additional 44 drill pads and seven trenches at its flagship Pilar project in Mexico.
Plurilock Security Inc () (OTCQB:PLCKF) is cheering President Joe Biden’s recent executive order to strengthen the country’s cybersecurity defenses. The executive order, the company noted, was created to help US federal government organizations enhance their cybersecurity in confronting malicious cyberattacks. The White House’s move on May 12 comes as cyberattacks against enterprises and US government agencies have increased at an alarming rate. Most notably, Colonial Pipeline, one of the largest US pipeline operators for refined oil, had to cease operations due to a ransomware attack. Plurilock said the implementation of a zero-trust architecture and the deployment of multi-factor authentication were highlighted among other steps and protocols.
() () revealed new assay results from and ongoing drill program at the Escape Lake deposit on its Thunder Bay North project in Ontario. Drilling intersected 31 metres (m) of 0.96 grams per ton (g/t) Palladium (Pd), 0.81 g/t (Pt), 0.36% Copper (Cu) and 0.21% Nickel (Ni) in one hole, and 7.7m of 1.61 g/t Pd, 1.30 g/t Pt, 0.59% Cu and 0.38% Ni in another. A third hole intersected 4.0 m of 1.29g/t Pd, 1.14 g/t Pt, 0.49% Cu and 0.25% Ni. All intersections were from an area between the Escape South High Grade Zone and the Steepledge North Zone.
Inc () announced that it has been issued a US patent for its upcoming Pulsewave 2.0 vital sign monitor, a wearable home care device capable of simultaneously capturing diagnostic-quality blood pressure, heart rate, heartbeat irregularities and respiration rate. US Patent 11,006,843 titled “System And Method Of Determining Breathing Rates From Oscillometric Data,” protects ‘s method for determining the breathing rate of a patient using an oscillometric device as the physiological sensor and positions Pulsewave 2.0 as the first home-based vital signs monitor of its kind able to capture such a wide swath of diagnostic data. The Pulsewave 2.0 is worn on the wrist and oscillometric waveforms are obtained from pulses in the patent’s arteries as they breathe and the cuff deflates.
() (OTCMKTS:SOHFF) (FRA:TSGN) said it had granted incentive stock options to newly appointed directors totalling 2 million shares in the company’s capital stock. The options will be exercisable at C$0.45 per share for five years. The options will vest under the terms of the company’s stock option plan with one-third vesting immediately, one-third within six months, and the remaining vesting at the first anniversary of the grant of the option. Telson is a Canadian based mining company with two 100% owned Mexican gold, silver, and base metal mining projects.
NexTech AR Solutions Corp () () () (FRA:N29) has said it will be hosting LiveNow, a showcase event for its LiveX digital experience platform, at 10am Eastern Time on June 29, 2021.
() (OTCMKTS:DSMTF) () said it has appointed Dr. Patricio Martinez Bellange as a special advisor on bio-assisted leaching and mining.
Ready Set Gold Corp () (OTCPINK:RDYFF) (FRA:0MZ) announced it has intersected gold mineralization in all 13 holes of the phase 1 drill program completed in March on its 100%-owned Northshore Gold Project in northern Ontario. The company also said it achieved its primary objectives of the phase 1 program, which included testing a new geological model to better understand lithological and structural controls on gold mineralization, as well as confirming the grades of mineralization reported by previous owners/operators of the project.
Green Battery Minerals Inc () (OTCMKTS:GBMIF) announced plans to raise new funds to aid in exploration efforts at its promising Berkwood graphite project in northern Quebec. The Vancouver-based company is issuing up to 2,037,000 flow-through units priced at $0.25 for gross proceeds of $509,250. In a statement, the junior resource firm told investors it is “moving closer” towards completing a preliminary economic assessment on the project.
Dalrada Corporation () said its subsidiary Prakat Solutions Inc will host and sponsor its annual virtual Global Accessibility Awareness Day (GAAD) event to commemorate its commitment to resolving accessibility challenges around the world. For the event, Prakat and Dalrada will partner with the EqualGenius Foundation to collaborate with industry leaders and share their experiences. Prakat aims to bring corporate entities, non-governmental organizations (NGOs), and people from all industries together to raise awareness of the various issues surrounding digital inclusivity and web accessibility. Prakat’s virtual event will be held on May 21 and features a group of internationally known guests, who will be speaking on various topics.
Loop Insights Inc () () has released a business update, touting its recent $3 million in recently exercised warrants, progress towards commercialization and likelihood of uplisting in the near future. “2021 continues to be a transformative year for our company, with major deals already announced with the likes of NielsenIQ, Oracle, All Net and many others in advanced stages of negotiation thanks to our growing position as the leader in real-time data analytics,” CEO Rob Anson said in a statement. “Moreover, we have announced major pilot programs with national powerhouses such as Sobeys, Certas and Pharmassist, which are going exceedingly well and, in combination with our major partners, leading to many more such opportunities. Given the magnitude of these names, Loop’s reputation at the highest levels of global commerce now precedes itself and the stage has now been set for us to accelerate growth and execution across all our core markets on a global scale this year. In conjunction with over C$3 million received from recent warrant exercises and a stronger balance sheet due to reduced debt, Loop has never been stronger than it is today and we will be in a position to demonstrate that to our shareholders before the end of the second quarter.”
Nextleaf Solutions Ltd () () (FRA:L0MA) has added another patent to its already expanding US portfolio, with the latest for a technology, which can improve the economics of processing hemp into high-purity CBD extracts. The new patent covers a method for separating cannabinoid-rich trichomes from lower potency cannabis biomass, including most approved industrial hemp cultivars, which Nextleaf uses to increase the concentration of CBD in hemp biomass, the company said in a statement. Nextleaf is a cannabis processor that owns one of the largest portfolios of US patents for the extraction, distillation, and delivery of cannabinoids. It has 14 US patents and has been issued with over 70 globally.
Tracesafe Inc () updated shareholders with regards to its previously announced Management Cease Trade Order on May 3, 2021. On May 17, 2021 the company filed its audited annual financial statements for the year ended December 31, 2020 to SEDAR. As the result of the filing, the MCTO has lapsed and is no longer in effect.
OTC Markets Group Inc () announced Santa Cruz County Bank (CA) (OTCQX:SCZC), a California state chartered bank, has qualified to trade on the OTCQX Best Market, an upgrade from the Pink market. CEO of Santa Cruz County Bank, Krista Snelling, stated: “By joining the OTCQX Best Market, we intend to generate broader recognition by investors and to further highlight the exceptional performance of Santa Cruz County Bank. We are honored to be included on the OTCQX, which supports the Bank’s growth and commitment to creating more value for our shareholders.”
OTC Markets Group Inc () announced Monarch Mining Corporation (TSE:GBAR) (OTCQX: GBARF), a fully integrated mining company, has qualified to trade on the OTCQX Best Market, an upgrade from the Pink market. “We are very pleased to be trading on the OTCQX,” said Jean-Marc Lacoste, CEO of Monarch. “This is an important milestone for Monarch, which will facilitate trading in our stock for US investors as we are aiming to expand our shareholder base to a larger pool of retail and institutional investors.”
() will present two abstracts at the upcoming American Society of Clinical Oncology (ASCO) 2021 annual meeting being held virtually from June 4-8, 2021. The first poster presentation will be on ENVASARC, a pivotal trial of Envafolimab, and Envafolimab in combination with ipilimumab in Patients with advanced or metastatic undifferentiated pleomorphic sarcoma. There will be a poster discussion preliminary safety, pharmacokinetics, pharmacodynamics and clinical efficacy of Uliledlimab (TJ004309), a differentiated CD73 antibody, in combination with atezolizumab in patients with advanced cancer on June 4. The posters will be available on the publications page of the company’s website following presentation.