A glance at some of the day’s highlights from the Proactive Investors US and Canada newswires
Canada Silver Cobalt Works Inc () (OTCMKTS:CCWOF) (FRA:4T9B) said the potential of the Castle East area at its Castle property in Ontario had ‘significantly increased’ as it reported hitting bonanza grade silver. One drill hole hit 0.48 metres (m) at 53,739 grams per tonne (g/t) silver from 551.08 to 551.1m depth with a gold equivalent grade of 23.31 ounce per ton of the yellow metal, the explorer reported.
() CEO Paul Travers has called the smart glasses and augmented reality company’s product lineup “among the most competitive in the world” in a letter to shareholders. The CEO’s letter highlighted a number of recent operating milestones that the Rochester, NY-based company has hit recently as it sees larger adoption of its smart glasses in the telemedicine, logistics and industrial sectors. “Our global customer base continues to expand across enterprise, healthcare, and OEM customers,” Travers wrote.
Benchmark Metals Inc () () has commenced its property-wide exploration program for 2021. The company said the extensive program utilizes a proven methodology with a track record of success. Together with the scope and scale of this year’s program, Benchmark said it anticipates its methodology could discover significant gold-silver ounces in satellite deposits across the largely underexplored 145 square kilometer (km2) land package.
() () (FRA:6F6) portfolio company, Fantasy 360 (which does business as Immersive Tech) has appointed HTC Corporation China President Alvin Wang Graylin to its board of directors. Graylin brings more than two decades of experience in the technology industry and has made a name for himself in the virtual reality sector. At HTC, he managers the company’s business in the China region, including the VIVE VR division, phone, Viveport content platform, partnerships, investments and the company’s XR Suite Business globally. Graylin also serves as vice chairman of the Industry of Virtual Reality Alliance and president of the Virtual Reality Venture Capital Alliance.
Sanatana Resources Inc () (OTCMKTS:SADMF) has reported promising results from its just completed first pass scout drill program on the Gold Rush project, located 25 kilometres (km) west of Timmins in Ontario. The Vancouver-based mineral exploration and development company said a total of 23 holes NQ diameter (3,113 metres) were completed on seven separate prospects. “All holes intersected quartz veins, alteration and sulphides,” said the company. In a statement, Sanatana President Buddy Doyle said: “The scout drilling program was initiated to gain a rapid understanding of the type and styles of mineralization on the Gold Rush property. Every drill hole encountered shear zones hosting quartz veins with varying amounts of sulphides.”
Binovi Technologies Corp () () is aiming to grow its eLearning division through the Sanet Vision Seminar series premium eLearning module for the Binovi Academy. Binovi is a best-in-class neuro-visual performance platform designed to test, analyze, track, and report on individual cognitive performance. The eLearning module which is part of Binovi Pro focuses on the hundred hour, 3-day, 5-weekend PAVE-Sanet Seminar encompassing a wide variety of topics from diagnosis and treatment to practice management and collaborative patient care.
() (OTCPINK:RFHRF) (FRA:9RR) has reported additional drill results from its Parbec open-pit gold deposit in Quebec, which includes 12.6 metres (m) grading 4.39 grams per tonne (g/t) gold. The company said it expects that the drill results will have a positive impact on the upcoming resource restatement for Parbec, which is scheduled to take place after the receipt of all outstanding assay data. Renforth noted there are still 16 drill holes to be received and reported on from the 15,569m drill program at Parbec.
TruTrace Technologies Inc () has announced the appointment of Robert Lelovic as its chief financial officer. The company pointed out that Lelovic has had a distinguished career as a seasoned chartered professional accountant with experience in the retail, technology, and energy sectors. Having served for over a decade in a leadership role with PricewaterhouseCoopers, he also has extensive experience in management, risk mitigation and controls, integration, due diligence, and financial reporting.
() () (FRA:1JI0) announced it has appointed blockchain veteran Dan Reitzik as special advisor to the company’s board of directors. The technology company, which specializes in decentralized network and storage, said Reitzik will work closely with Cloud Nine management to “identify additional product areas, open up new lines of business, commercialize the company’s latest technology products, build significant strategic distribution relationships, and establish Cloud Nine as a leader in decentralized networks and storage technologies.” Reitzik co-founded and managed public and private technologies for more than 20 years, serving as the CEO of DMG Blockchain Solutions Inc () until March 2021.
() () () announced that the re-opening of the exploration camp at its Golden Lion property in northern British Columbia’s Toodoggone region is well underway, with drilling expected to begin by the end of the first week of July. The company said at least 4,500 metres of drilling is planned, split between both the Golden Lion and Snoball properties, targeting the large GL1 Main gold-silver zone at Golden Lion and the high-grade gold-silver ‘C Zone’ at Snoball.
Tribe Property Technologies Inc () has announced a joint campaign with leading Canadian insurance provider Apollo Insurance Solutions Ltd to digitize insurance access for condominium owners, renters, landlords and developers across Canada. The partnership will address the gaps in insurance coverage that leave Canadians vulnerable to significant financial loss. “This agreement with APOLLO is just the first step under our Digital Services & Partnerships revenue pillar,” Tribe CEO Joseph Nakhla said. “We will continue to layer on services to drive revenue for Tribe, and bring convenience and savings for our users, with the goal of being able to offer a one-stop-shop to our development partners and the over 100,000 residents in Tribe-managed communities.”
Snowline Gold Corp () (OTCPINK:SNWGF) has said it is getting ready to kick off a new drill program at its Einarson gold project in Yukon, Canada. The Vancouver-based junior said it has mobilized a drill rig to the 61,000-hectare property in preparation for a 1,500 metre Phase I program consisting of between 200 to 300-metre shallow holes. Phase II will build on the surface exploration and drill results with an additional 1,500 metres that will cover targets on Einarson and the nearby Rogue project.
() () () has launched its in-silico drug discovery program in conjunction with researchers at the University of Alberta (UofA), the company announced. Led by computer-assisted drug development expert and UofA assistant professor at the Li Ka Shing Institute of Virology, Khaled Barakat, the program is focused on utilizing artificial intelligence/machine learning (AI/ML) to support drug screenings, including both the ability to build drugs from the receptor up and assess drugs around the receptors of Mydecine’s choosing.
Essex Minerals Inc () () is poised to start drilling at its Mt Turner gold project in Queensland, Australia and has secured a rig for late July or possibly earlier. Completed will be an initial six-hole, 800 metres (m) program to test the width and plunge of the down-dip extension of the gold and silver bearing shoots mined in the open pits. Mt Turner lies 15 kilometres (km) northwest of the Georgetown and now spans a total area of 96 square kilometres (sq km). The property contains the 19km long Drummer Fault, the eastern 14km of which is home to several open pits, which were mined for gold by Union Mining to a depth of 20m in oxide material in the early 1990s.
TPCO Holding Co – known as – (NEO:GRAM) () said it has selected The Peakz Company as its second social equity corporate venture fund investment. is a leading California-based vertically integrated cannabis company, combining best-in-class operations with leading voices in popular culture and social impact. The Peakz Company is an Oakland-based cannabis brand founded by Jessie Grundy in 2018 after winning a distribution license under Oakland’s Social Equity Program. Following its initial investment in Josephine & Billie’s, said its latest investment signified the continuation of its commitment to help mold a more equitable cannabis marketplace. The investment will allow Peakz to leverage its expansive DTC capabilities and retail locations, enhancing its footprint in the California cannabis community.
Marble Financial Inc () () (FRA:2V0), an artificial intelligence-driven fintech company working to help Canadians build a better financial future, has announced a licensing agreement with Nuborrow, a home loan company with an aligned mission of making the mortgage process cheaper and easier to navigate. The application programming interface (API) agreement will provide Nuborrow users access to the Marble Platform of practical financial wellness programs and guidance through MyMarble’s new API integration business solution.
Melkior Resources Inc () (OTCMKTS:MKRIF) said a summer surface exploration program is now underway at its Val D’Or property in Quebec. The current efforts are designed to collect soil samples and prospect, a follow-up to a 2020 survey of the same area. The gold explorer operates two projects in Quebec, Val D’Or and the Maseres projects which is also undergoing a till and prospecting program. Melkior also has two properties in Ontario, its flagship Carscallen gold project near Timmins, and the White Lake project in Hemlo.
Vicinity Motor Corp () () () has partnered with Danfoss Editron to utilize its drivetrain systems in the medium-duty, fully electric Vicinity Lightning EV bus. Vicinity said Danfoss Editron specializes in hybrid and electric drivetrain systems for the marine, off-highway, and on-highway markets.
Fidelity Minerals Corp () (FRA:S5GM) (OTCMKTS:SAIDF), the Peru-focused project generator, has reported encouraging exploration results from its wholly-owned Las Brujas gold property, where it is following up on 2020 surface sampling. Assays for 433 samples, which were recently collected, have now been received and included 36 samples, which showed anomalous gold ranging from 0.1 grams per ton (g/t) to 0.96 g/t gold, the company said.Highlight intersects during this year’s campaign were 0.96 g/t of the yellow metal over 1.3 metres (m), 0.45 g/t gold over 3.5m and 0.41 g/t gold over 3.5m.
MedX Health Corporation () has announced a distribution agreement with VidaCeuticals Health Products Inc to improve accessibility to potentially life-saving scans for skin cancer. The Mississauga, Ontario-based company offers a telemedicine platform, utilizing its SIAscopy technology. This proprietary innovation is also part of its SIAMETRICS system, a research tool used to assess treatment effectiveness of a variety of skin conditions, including burns. MedX also recently announced a memorandum of understanding with () () to pilot its DermSecure screening platform.
MedX Health also said separately that, further to acceptance from the TSX Venture Exchange, it has issued 360,000 common shares at a deemed issue price of $0.20 per share, representing a total consideration of $72,000, as compensation for consulting services rendered. The shares are not subject to any restrictive hold period.
Nextech AR Solutions Corp () () () (FRA:N29), a dominant player in the red-hot augmented reality space, has announced an exclusive, early access program for users to create, view and share their human holograms. The advanced technology company said that “program participation will support the development lifecycle of HoloX, leading to its expected full release in the third quarter of 2021.” Powered by artificial intelligence and augmented reality, HoloX builds on the company’s AiRShow app used in the music and entertainment industries where artists use holograms to meet individual audience members in their homes. The technology has also been applied successfully to smart packaging where AR human holograms are used to engage and retain customers, while boosting product sales.
Nextech AR Solutions also announced its placement in an editorial published by NetworkNewsWire (NNW) To view the full publication, ‘Companies Jockeying for Position in $106 Billion EdTech Market; Who’s in Front?’, investors can visit: https://nnw.fm/eNo3P
First Mining Gold Corp () () () has said it will hold its annual general and special meeting of its shareholders on June 30. Among other matters, the company said shareholders at the virtual meeting will be asked to pass a special resolution in connection with the distribution of shares and warrants of to themselves. “We are excited to move forward with the Distribution and for all of our First Mining shareholders to become direct shareholders of Treasury Metals,” said First Mining CEO Dan Wilton in a statement.
() said the TSX Venture Exchange has accepted for filing documentation with respect to its non-brokered private placements announced May 3, 2021, which will see the issue of US$5 million debentures convertible into common shares at C$10.82 of principal amount outstanding per share until the maturity date 5 years from issuance with an Interest rate of 8% per annum with one placee.
() () (), the largest gold producer in West Africa, is undervalued compared to its global gold mining peers, said Barclays in an research note. “The company’s asset quality (AISC [All In Sustaining Cost] and EBITDA margins), ROEs (return on equity) and balance sheet are among the best in our global precious metals coverage. Yet it is also one of the cheapest stocks on all metrics,” Barclays analysts said as they initiated coverage on the stock with an ‘Overweight’ rating.
Inc. () has announced that its CEO Dr Michael Dent and CFO George O’Leary will present at the Investor Forum at the World Stem Cell Summit to be held virtually on June 14-18, 2021. The company’s presentation will be on Thursday, June 17, 2021, at 12.45pm Eastern Standard Time and consist of a 20-minute formal description of the company and its financial position, followed by a 20-minute Q&A session moderated by a Noble Capital Markets equity research representative. The presentation can be accessed in two ways: by registering for the full World Stem Cell Summit www.worldstemcellsummit.com, or by registering (at no cost) for the Investor Forum only at www.channelchek.com; the investor portal created by Noble. The video webcast will be later archived on Channelchek as part of its C-Suite Series www.channelchek.com/c-suite, and on its YouTube channel: www.youtube.com/channelchek.
() (OTC:BRAXF) () has announced its participation at the upcoming Psychedelics in Psychiatry and Beyond Virtual Conference, hosted by H.C. Wainwright & Co. on June 17, 2021. Braxia said its CEO, Dr. Roger McIntyre will present and participate in a panel discussion: ‘Patient Experience And Commercial Considerations When Launching Psychoactive Agents In Psychiatry.’ Dr McIntyre will also be available to host virtual one-on-one meetings with institutional investors registered with H.C. Wainwright and Co. For additional information on the conference investors can visit: https://hcwevents.com/psychedelics/
. () () (FRA:20Q) has said its Annual and Special Meeting of Shareholders will be held at 11.00am ET on Monday, June 21, 2021, via teleconference. To register for the webcast, investors can click on the following link: http://services.choruscall.ca/links/aurania20210621.html. Teleconference dial-in numbers are – Canada/USA Toll Free: 1-800-319-4610; Toronto Toll: +1-416-915-3239; UK & Europe Toll Free: 0808-101-2791. Investors should use the teleconference line to participate in the question period. An audio webcast of the meeting will be available to shareholders who are not able to attend in person.
(), the operator of financial markets for 11,000 US and global securities, has announced that the CVRs (Contingent Value Rights) of SiriusPoint Ltd. (NYSE:SPNT) (OTCQX:SSPCF), a global insurer and reinsurer, have qualified to trade on the OTCQX Best Market and began trading on June 10 under the symbol SSPCF. The OTCQX Market is designed for established, investor-focused US and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.
() () says Research Capital Corporation, formerly Mackie Capital Corporation, has exercised all of its 1,355,940 broker compensation option units (CPU). Issued in August 2019 as a result of the brokered portion of two private placements, the CPUs had an exercise price of $0.20 per CPU and an expiry date of August 29, 2021. Amarillo issued 1,355,940 common shares of the Company and 1,355,940 common share purchase warrants upon the exercise of the CPUs; each warrant is exercisable to acquire one common share at a price of $0.30 until August 29, 2021. A small number of warrants due to expire on August 29, 2021, have been exercised early. The 149,000 warrants were part of the 50,025,000 common share purchase warrants issued on August 29, 2019, at $0.30 each as part of private placements that raised gross proceeds of $10,005,000. In addition, 292,000 warrants at $0.30 have also been exercised. These warrants were part of the 26,382,950 warrants issued on closing of the non-brokered private placements on June 14, 2019, for total gross proceeds of $5,276,590. The remaining 26,090,950 warrants expired on May 31 and June 14, 2021. One director also exercised 150,000 stock options at $0.28. The exercise of the CPUs, warrants, and stock options have generated overall proceeds of $400,788. There are 51,380,940 warrants at an exercise price of $0.30 expiring on August 29, 2021, and 20,320,000 options outstanding. The total number of shares outstanding as of June 16 is 383,868,754.
CytoDyn Inc () announced that its CEO Nader Pourhassan, chairman Scott Kelly, and chief operating officer Christopher Recknor will host an investment community webcast on June 21 at 4 pm EDT. They will provide a full discussion of the results from the recently unblinded data from its COVID-19 long-haulers trial, along with updates on COVID-19 trials in other countries, active trials for NASH and cancer, and regulatory advancements. Management will also take about 60 minutes to address questions submitted online by analysts and investors. Questions can be submitted online to firstname.lastname@example.org before the webcast. The webcast can be accessed through the following link and will replayed there until July 21, 2021: https://78449.themediaframe.com/dataconf/productusers/cydy/mediaframe/45434/indexl.html