BioHarvest Sciences Inc. (CSE:BHSC, OTC:CNVCF) announced that nutritionist and Harvard-trained scientist John Paul SanGiovanni has joined the company’s medical and scientific advisory board.
SanGiovanni directs the Center for the Study of Nutrient-Responsive Systems and leads the Food and Nutrition Branch of the National Science Foundation Industry-University Center for Collaborative Research, Center for Streaming Healthcare in Place.
Hillcrest Energy Technologies Ltd (CSE:HEAT, OTCQB:HLRTF) announced that it has appointed Bal Bhullar as a strategic advisor to the company.
The clean technology firm said Bhullar has held executive and board positions in both public and private companies across various sectors, including automotive, technology, manufacturing, and energy, bringing a wealth of diversified business and investment banking experience to Hillcrest.
ARway Corporation (CSE:ARWY, OTCQB:ARWYF) has said it plans to distribute its groundbreaking software through Apple Inc's (NASDAQ:AAPL) highly anticipated Apple Vision Pro Headset.
The company, which currently offers software solutions compatible with other AR Headsets like Magic Leap 2 and HoloLens 2, expects the adoption of Apple Vision Pro to create a significant market opportunity for its technology.
Nextech3D.ai (CSE:NTAR, OTCQX:NEXCF) said it received shareholder approval to move forward with its plan to spin out the company's Toggle3D CAD-3D design studio and associated assets at its Annual and Special Meeting held on June 5, 2023.
The final court hearing to approve the plan of arrangement is scheduled for June 9, 2023, with a record date of June 8. The anticipated trading start date for Toggle3D, under the symbol TGGL, is set for June 13, 2023, subject to the necessary approvals from the Canadian Securities Exchange.
Quebec Nickel Corp said that due to an emergency order from the Quebec Ministere des Ressources naturelles et des Forets (Ministry of Natural Resources and Forests) prohibiting access to lands in the province impacted by forest fires, all field-based exploration activities have been temporarily suspended at the company’s Ducros project. In addition, all Ducros project personnel have safely relocated from the project's base of operations in Lebel-sur-Quevillon to Val d'Or upon receiving an evacuation notice on June 2, 2023. "The safety of our workers, contractors and service providers is our top priority," said Richard Dufresne, Quebec Nickel's interim chief executive officer and director. "We will resume our field-based exploration work at Ducros when it is safe to do so. In the meantime, we have several technical studies and work programs already under way that don't require field work to complete, so we are really looking forward to updating our investors with more news in the coming weeks," he added.
ImagineAR inc announced that Gurdip (Gary) Panaich has been appointed as a new director of the company. Panaich is currently chairman of the board and chief compliance officer of Star Navigation Systems Group Ltd. He has served in the Canadian Forces and Royal Canadian Mounted Police (RCMP) and has also worked as a realtor for 18 years in dealing with commercial, franchise food business and residential real estate. Alen Paul Silverrstieen, chairman & CEO of ImagineAR commented: "We are excited to have Gary join the Board, and believe that his extensive background will provide the Board with a valuable resource as we continue to focus on growth in new vertical markets for our AR technology platform. Additionally, we continue our commitment to pursuing the best possible governance practices by ensuring a majority of Board members are independent of management.” ImagineAR also said it has granted 900,000 stock options at an exercise price of $0.05 which expire on June 5, 2026 to its directors and officers of the company in accordance with its stock option plan.
Gold Resource Corporation has announced that Alex Morrison, the chairman of its board of directors, has resigned effective immediately, in order to devote more time to other personal and professional interests. The company said its Nominating and Governance Committee will commence a search for a suitable candidate to fill the vacancy created by Morrison's resignation. "We would like to thank Mr. Morrison for his seven years of service at Gold Resource Corporation," commented Allen Palmiere, the company’s CEO and president. "We wish Alex success with his future endeavors."
Spotlite360 IOT Solutions Inc has said that further to the termination of the agreement and relationship with E3 Service Group LLC announced on February. 22, 2023, Spotlite360 IOT has returned all 20 million common shares previously issued to the shareholders of E3 for cancellation in exchange for the return of its 51% equity interest in E3. The company has no remaining equity interest in E3.
Powertap Hydrogen Capital Corp has said it will be consolidating all of the issued and outstanding common shares of the company on the basis of one postconsolidation common share for each 20 preconsolidation common shares. The effective date and trading of the common shares on a postconsolidation basis on Neo is expected to be on or about June 15, 2023. The consolidation is expected to result in the number of issued and outstanding common shares being reduced from 472,216,116 preconsolidation common shares to approximately 26,610,806 postconsolidation common shares.
Hillcrest Energy Technologies Ltd has said it will complete a consolidation of its common shares, effective at the opening of the markets on June 8, 2023, on the basis of a one post-consolidated share for each six pre-consolidation shares held. Don Currie, Hillcrest chief executive officer commented: "This proposed consolidation and the resulting share structure are key components of our Company's strategic business growth plan to increase our presence and equity trading in the US."
Thor Explorations Ltd has announced the exercise of share options for a total of 1,500,000 common shares at 14.5 Canadian dollar cents per common share by company director Folorunso Adeoye for a total consideration of C$217,500. Following the new shares admission, Thor Explorations' issued share capital will consist of 645,233,413 common shares and Adeoye (and persons closely associated with him) will have a beneficial holding of 21,349,721 common shares which equates to 3.3% of the total issued share capital. In addition to the exercise of options, the company also announced that Adrian Coates, its non-executive chairman, carried out a ‘Bed and ISA’ transaction, having transferred 116,500 common shares from his share dealing account to his ISA, on 2 June 2023. The beneficial holding of Coates (and persons closely associated with him) is unchanged following the transaction and Coates remains beneficially interested in 1,350,000 common shares representing approximately 0.21% of the total issued share capital in the company.
Zoglo's Food Corp has announced that Henry Ender and Jordan Ender have stepped down from the company’s board of directors, effective June 5, 2023. Lisa MacLean will also step down from the board of directors, as chief financial officer and as corporate secretary, effective June 6, 2023. Following these resignations, the company has no remaining directors or officers. Zoglo's has suspended all operations and has requested a trading halt.
Shiftcarbon Inc - formerly Tracesafe Inc - has said it is working diligently with its auditor to complete the remaining audit and anticipates that it will complete the filing of its financial statements and the accompanying management's discussion and analysis for the year ended December 31, 2022, on or before June 30, 2023. In the interim, the company said it continues to operate normally and without disruption. The Ontario Securities Commission issued a failure-to-file cease trade order (FFCTO) on May 5, 2023, due to delays in filing the annual filings in accordance with its regulations.
Hapbee Technologies Inc said it has completed a non-brokered private placement of units for aggregate gross proceeds to the company of $711,400. Net proceeds received by the company from the offering are intended to be used for product development, manufacturing, business development, working capital and general corporate purposes. "This capital enables us to continue to expand our market presence within the rapidly expanding digital wellness category both in the consumer and enterprise verticals," said Yona Shtern, chief executive officer and executive chairman of Hapbee. As part of the offering, the company issued 7,904,450 units at a price of $0.09 per unit, which consisted in the issuance of 7,904,450 subordinate voting shares of the company and 7,904,450 share purchase warrants, with each warrant entitling the holder to acquire one share at a price of $0.15 per share for a period of two years from the closing date of the offering.
Algernon Pharmaceuticals Inc has announced that it will present its Phase 2a Ifenprodil cough data at the 9th American Cough Conference (ACC) being held June 9-10, 2023 in Reston, Virginia. Dr Christopher Bryan, vice president of Research and Operations at Algernon Pharmaceuticals, will present ‘An update on NP-120 (ifenprodil): A subunit-selective NMDA receptor antagonist for the treatment of cough’ during a thematic oral session on antitussive drug development programs on Saturday, June 10 at 2.02pm EDT. The focus of the talk will be on data from AGN-120-1, the company’s Phase 2a clinical trial in Idiopathic Pulmonary Fibrosis (IPF) and associated cough. The company previously reported that Ifenprodil, given three times daily in subjects with IPF and an associated cough, reduced geometric mean cough counts by 32.0% at 4 weeks (p = 0.023) and 39.5% at 12 weeks (p = 0.001) compared to baseline. Further details on the study will be presented. The presentation will be available to registered attendees on the ACC digital platform during and after the conference.
Jushi Holdings Inc has announced that the requisite holders have consented to certain amendments to the company’s 12% Second Lien Notes and detached warrants expiring December 6, 2026. The notes and warrants were originally issued in connection with the company's previously announced debt financing of approximately US$73.5 million which initially closed December 2022. The amendments include the removal of the covenant, upon a change of control, giving the right to holders of the notes to require the company to repurchase the notes for 105% of outstanding principal and accrued and unpaid interest, and a reduction of the exercise price of the warrants for each subordinate voting share from US$2.086 to US$1.00.
Proactive Research has issued a note on Voyageur Pharmaceutical Inc, which has a bold strategy to use its expertise in natural resources to create an integrated value chain in radiology contrast agents in North America (NA). Analyst John Savin noted that the contrast business is big, over US$1.7bln in NA, dominated by a few large companies and constrained by raw material supplies and said Voyageur, as a cost-efficient, vertically integrated new entrant, aims to gain significant market share in two key sectors with C$157mln/US$117mln of sales by 2032 with profit and cash flow positivity from 2028.
AMPD Ventures Inc said that Markus Windelen has resigned as a member of the board of directors and Anthony Brown, Co-Founder and Chairman of the Board, has been appointed as the Interim CEO with immediate effect. The company expresses its gratitude to Windelen for his contributions and announces its focus on reducing expenses, seizing growth opportunities with Departure Lounge, and securing additional funding. Anthony Brown, as interim CEO, will work on securing potential investors while the board conducts a search for a permanent CEO, aiming to continue executing strategic objectives and strengthening the company's market position.
HighGold Mining Inc announced that, further to its news release dated June 1, 2023, the Supreme Court of British Columbia has granted a final order approving the company's previously announced Plan of Arrangement under Division 5 of Part 9 of the Business Corporations Act (BCBCA) involving HighGold and its wholly-owned Onyx Gold Corp subsidiary. The arrangement is expected to become effective on or about June 6, 2023, subject to, among other things, HighGold obtaining final acceptance by the TSX Venture Exchange of the arrangement and other conditions customary in transactions of this nature. HighGold shareholders as of the effective date (on or about June 6, 2023) will receive one share of Onyx Gold for every four shares of HighGold held.