InnoCan Pharma Corporation (CSE:INNO) (FSE:IP4) (OTCMKTS:INNPF) announced Thursday that since December 1, 2020, it has received proceeds of about C$1.8M from the exercise of 7.6 million previously issued common share purchase warrants and broker warrants. "The exercise of the warrants indicates that investors are confident in InnoCan Pharma,” said CEO Iris Bincovich in a statement. Bincovich added: "Following our important milestones since our IPO in September 2019, and alongside the proceeds received, we have the financial strength allowing us to bring our Derma product line to the market, and to accelerate our CLX and LPT proprietary programs with the Tel Avi and the Hebrew University." In addition, following the unexpected rise in sales on Shir Beauty's e-commerce platform, www.shirbeauty.com, InnoCan Pharma announced the full return of the website -- after the restock of products.
OTC Markets Group Inc.(OTCQX:OTCM) has released its annual OTCQX Best 50 list, a ranking of the top-performing OTCQX companies over the previous calendar year. The 2021 OTCQX Best 50 List is based on an equal weighting of one-year total return and average daily dollar volume growth last year. Taking the top spot this year is AcuityAds Holdings Inc (OTCQX:ACUIF) (TSE:AT), a Canadian technology company.
WeedMD Inc (CVE:WMD) (OTCQX:WDDMF) (FRA:4WE), a licensed producer and distributor of medical cannabis, said on Thursday that its subsidiary Starseed Medicinal Inc has added eligible members of Manitoba-headquartered Labourers’ International Union of North America (LiUNA) Local 1258, to its full-service medical cannabis program. The Toronto-based company said that eligible members and their dependents can now access Starseed products through their benefits provider. LiUNA is the largest construction union in Canada which provides benefit coverage to over 300,000 people, including members and their dependents
Co-Diagnostics Inc (NASDAQ:CODX) announced Thursday that it has completed its submission to the US Food and Drug Administration for an Emergency Use Authorization for its Logix Smart SARS-CoV-2 DS (Direct Saliva) test. The test is a COVID-19 polymerase chain reaction (PCR) diagnostic designed to detect the presence of SARS-CoV-2 in human saliva samples without first requiring RNA extraction of the sample. Utah-based Co-Diagnostics said its new Direct Saliva test is designed to reduce sample processing time and cost by eliminating extraction.
Chesapeake Financial Shares Inc (OTCQX:CPKF), the parent of Chesapeake Bank and Chesapeake Wealth Management, said that asset growth and a strong mortgage market helped it post record earnings for the 2020 calendar year. Despite the challenges of the pandemic, last year to end-December, earnings came in at $11,749,391, which was a 3.1% increase compared to 2019. Fully diluted earnings per share (EPS) were $2.395 as against $2.292 in 2019, said Cheseapeake Financial.
CleanSpark Inc (NASDAQ:CLSK) reported that its wholly owned GridFabric subsidiary has completed the process of OpenADR certification for KIGT Inc, an electric vehicle (EV) charging, software, and technology company focused on charging stations and related software for commercial, fleet, and residential vehicles. CleanSpark said Open ADR certification will enable KIGT to enter new markets, participating alongside other, older EV charging companies in serving entities including major California Utilities and Hawaiian Electric Company Inc (HECO).
Binovi Technologies Corp (CVE:VISN) (OTCQB:BNVIF), a neuro-vision performance technology company, announced a strategic partnership with STEM Sports Thursday with the goal of contributing to a Binovi Connect-enabled curriculum to its K-8 school grade programs. STEM Sports provides a turnkey supplemental curriculum that uses sports as the real-life application to drive STEM-based learning in classrooms, after-school programs and camps, the company said. "Investing in STEM-focused or STEM-based programs has proven time and time again to be a powerful way for companies to give back and to help promote new avenues of thinking,” Binovi CEO Adam Cegielski said in a statement. “With this partnership, Binovi is teaming up with an already strong group in STEM Sports to develop an important set of skills that often go overlooked. We're excited for how Jeff and his team will be able to improve the lives — in the classroom, on the field, and in everyday life — of these young minds."
Elys Game Technology Corp (NASDAQ:ELYS) (NEO:ELYS) announced that its preliminary, unaudited net gaming revenue rose 26% to approximately $13.1 million during 4Q 2020, compared with $10.4 million for the same period last year. The company also noted that it grew 56% by gaining market share in the highly-competitive Italian market, which experienced 37.5% year-over-year growth in online sports betting, while further strengthening its competitive position in the mobile and online channel.
Mackie Research is initiating coverage on Great Bear Resources Ltd (CVE:GBR) with a Speculative Buy rating and a C$36 target price. The research firm wrote Thursday that it believes Great Bear’s Dixie project has “clear potential” to become a global tier-one asset. Dixie is a relatively new discovery that, according to Mackie’s estimates, could host more than 9.5 million ounces of gold, making it a “highly desirable” acquisition target, analyst Adam Schatzker wrote. “Great Bear’s Dixie Project does not have a published 43-101 resource and, as such, there is uncertainty about its size and quality,” Schatzker wrote. “We think that there is significant potential to grow the mineralized inventory beyond our estimate and that, eventually, the Dixie Project will become a tier-one gold mine.”
Tinka Resources Limited (CVE:TK) (OTCPINK:TKRFF) (FRA:TLD) has reported more good drill results from its Ayawilca zinc project in Peru, notably at high grades at shallow depths. The latest assets hail from seven holes in the 7,500 metres (m) resource drilling program and come ahead of an updated preliminary economic assessment (PEA), earmarked for the middle of this year. So far 6,500m of the campaign have been sunk. In a statement, Tinka chief executive Dr Graham Carman noted that the group was "particularly excited" about hitting a very high-grade zinc-silver vein in one hole at camp area, where results included 1.9m at 24.9% zinc, 7.7% lead and 604 grams per ton (g/t) silver from a depth of 101.1m and 7.8 metres at 31.3% zinc, 1.7% lead and 225 g/t silver from 112.5 metres depth.
Loop Insights Inc (CVE:MTRX) (OTCQB:RACMF), a provider of contact tracing and artificial intelligence to drive automated marketing, has named tech industry veteran Tamer Shafik as its chief technology officer, as the company focuses on rapidly building global scale. The Vancouver-based advanced technology company said Shafik, a former director of solution architecture at NTT DATA Corp of Japan, will step into the role effectively from February 8. In a statement, Loop Insights CEO Rob Anson said: “I am extremely proud that Tamer recognized the opportunity and had the confidence to make the decision to walk away from the comfort and security of his current role at a global leader in NTT Data.” Loop Insights has also appointed Casey Matson-Dekay as director of Product and Innovation from February 8.
HempFusion Wellness Inc (TSX:CBD.U) (FRA:8OO) reported that its wholly-owned Probulin Probiotics, LLC subsidiary has launched its Total Care Immune probiotic product nationally with a number of major retailers, including Sprouts Farmers Markets, Abby’s and Fresh Thyme Markets. HempFusion said Probulin’s Total Care Immune is expected to arrive on shelves nationwide in early February 2021, with online sales available now at Probulin.com. “Consumers are turning increasingly more to probiotics to support their body's digestive health and immune function,” HempFusion Wellness CEO Dr Jason Mitchell said in a statement.
Ximen Mining Corp (CVE:XIM) (OTCQB:XXMMF) (FRA:1XMA) has bolstered its land holding near its Kenville gold mine project in British Columbia by acquiring 25 Crown claims mainly to the south of the property, it said on Thursday. The new claims, which cover more than 360 hectares, are collectively known as the Star properties, and Ximen believes they have excellent potential to host a large-tonnage, low-grade gold deposit. The new ground also includes the historic Eureka and Star mines. Production at the Eureka operation was 617 ounces gold, 36,161 ounces silver, 350,910 pounds of copper and minor lead from 8,995 tonnes of material mined.
CO2 GRO Inc (CVE:GROW) (OTCQB:BLONF) (FRA:4021) announced on Thursday its first commercial feasibility study in the European Union with France-based Plant Advanced Technologies PAT SA (EPA: ALPAT). The Toronto-based company said it is also the first partnership with its UK-based marketing partner Rika Biotech, which is exclusively representing CO2 Delivery Solutions in the UK, Netherlands and Belgium greenhouse markets. The commercial feasibility exercise is directed at medicinal plants and is the first on such plants other than cannabis and hemp. “PAT contacted GROW directly concerning CO2 Delivery Solutions, while Rika is exclusive to certain EU countries,” said the company.
VolitionRx Limited (NYSEAMERICAN:VNRX) announced Thursday that the National Taiwan University Hospital presented data Thursday on its Nu.Q assay performance at the World Conference on Lung Cancer. In a statement, the company said the poster presentation given by the hospital’s Dr Tung-Ming Tsai will be featured in the WCLC's Screening and Early Detection session and is entitled "Circulating Nucleosomes in Lung Cancer Diagnosis following Low-Dose Computed Tomography." Volition said the key message from the presentation at the virtual conference in Singapore is that, based on an interim analysis of a subset of subjects in an ongoing study, Nu.Q assays could help identify non-cancerous nodules following a scan -- thereby reducing unnecessary biopsies by as much as 32%.
Group Eleven Resources Corp (CVE:ZNG) (OTCMKTS:GRLVF) (FRA:3GE) revealed follow-up drilling is expected to start at its Carrickittle prospect at the PG West project in mid-February this year, as it also outlined exploration plans for its other properties in Ireland. The work will focus on zone two at Carrickittle and comprise around 400 metres (m) at the area, which has seen "significant" previous intercepts, including 4.9m at 11.4% zinc and 1.4% lead.
XPhyto Therapeutics Corp (CSE:XPHY) (OTCQB:XPHYF) (FRA:4XT) outlined a number of strategic initiatives for 2021 that will see the bioscience accelerator advancing its drug manufacturing, drug formulation and psychedelics business lines. The Vancouver-based company said Thursday that its German subsidiary Vektor Pharma TF GmbH will focus on developing and manufacturing drug formulations for major mental health disorders. Vektor, a narcotics manufacturer and researcher, is looking forward to a “transformative” 2021, its managing director Thomas Beckert said in a statement.
American Battery Metals Corporation (OTCQB:ABML), soon to be known as American Battery Technology Company, has been selected for a $4.5 million grant by the US Department of Energy’s Advanced Manufacturing Office, the company announced Thursday. This funding opportunity is part of a DOE effort to reduce American dependence on imported critical materials by diversifying the sources of materials needed for energy technologies and establishing domestic capabilities to refine the materials used in manufacturing, the company said.
BetterLife Pharma Inc (CSE:BETR) (OTCQB:BETRF) (FRA:NPAU) announced Thursday that it has entered into an agreement with Eurofins Discovery for pharmacology studies of Eurofins' TD-0148A. TD-0148A is a second-generation Lysergic Acid Diethylamide (LSD) derivative molecule that BetterLife believes will mimic the projected therapeutic potential of LSD without causing the undesirable psychoactive dissociative side effects, such as hallucinations. The US Food and Drug Administration (FDA) enabled the studies under its Investigational New Drug (IND) designation.
Essex Minerals Inc (CVE:ESX) has completed the first stage earn-in on its three Australian gold projects, it said Thursday. The junior exploration company has a right to earn in an initial 50% of Australian company KNX Resources Limited’s interest in the Cumberland, Mt Turner and Compass Creek projects by spending A$1 million on exploration by May 2021. Once the first stage is completed, Essex can make an offer to acquire all KNX shares at an independent valuation or earn another 25% interest in Mt Turner, 20% in Cumberland and 20% in Compass Creek by spending another A$3 million in exploration. Vancouver-based Essex said it is now mulling its options as to the next stage of the KNX earn-in agreement.
ImagineAR Inc (CSE:IP) (OTCQB:IPNFF) (FRA:GMS1) announced the execution of a three-year, $150,000 software development kit (SDK) licensing and revenue sharing agreement with Interactive Marketing Promotions (IMP) to integrate immersive augmented reality (AR) experiences within the company’s new Touch-A-Prize auto show app. Using ImagineAR's licensed AR SDK and cloud-based studio suite, IMP will create immersive AR engagements for manufacturers and consumers attending virtual and future in-person auto shows across North America.
American Manganese Inc (CVE:AMY) (OTCMKTS:AMYZF) (FRA:2AM) announced Thursday that it has applied to uplist its common shares from the OTC Pink Open Market to the OTCQB Market. The listing of the company's common shares on the OTCQB remains subject to the approval of the OTCQB and the satisfaction of applicable listing requirements. The US trading platform is operated by the OTC Markets Group (OTCQX:OTCM) in New York.
Marrone Bio Innovations Inc (NASDAQ:MBII) (FRA:0MB), an international leader in providing growers with sustainable bio-protection and plant health solutions to support global agricultural needs, announced Thursday that Suping (Sue) Cheung has been appointed chief financial officer. She starts February 18, succeeding James Boyd, who had announced his intention to retire. Marrone Bio said that Cheung, a certified public accountant, brings to Marrone Bio 28 years of experience in international strategic and financial operations, including financial reporting, forecasting, and budgeting, mergers and acquisitions, equity and debt financing, internal controls, and investor relations.
Altamira Gold Corp. (CVE:ALTA) (FRA:T6UP) (OTCPINK:EQTRF) has announced a non-brokered private placement financing of up to 18,500,000 units at a price of $0.20 per Unit for gross proceeds of up to $3,700,000. Each unit will consist of one common share and one-half of one common share purchase warrant. Each warrant entitles the holder to purchase one common share in the capital of the company at an exercise price of $0.30 per share for a period of 24 months from the closing date. The company said it intends to use the proceeds of the offering for general working capital and to further exploration at its Cajueiro, Apiacas and Santa Helena projects. The offering is subject to acceptance of the TSX Venture Exchange and all of the securities issued will be subject to a four-month hold period from the date of issue in accordance with applicable securities laws.
Tetra Bio-Pharma Inc (TSE:TBP) (OTCQB:TBPMF) (FRA:JAM1) reported plans to raise gross proceeds of about C$1.9 million through a non-brokered private placement of 11,141,176 units of the company at a price of C$0.17 per unit. The company noted that the offering involves a group of strategic investors, including Dr. Michael Nashat, former CEO of TerrAscend Corp and co-founder of OnPharm Independent Pharmacy Group, one of the largest independent non-banner group in Canada.
O3 Mining Inc. (CVE:OIII) (OTCQX:OIIIF) has announced the filing of an independent Preliminary Economic Assessment (PEA) for the Garrison project. The report was prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (NI 43-101). The technical report, entitled "NI 43-101 Technical Report and Preliminary Economic Assessment of the Garrison Project" and dated January 27, 2021 (effective date of November 25, 2020), has been prepared for O3 Mining by Ausenco Engineering Canada Inc. with the assistance of Moose Mountain Technical Services. The Garrison PEA is available on SEDAR - www.sedar.com - under O3 Mining's issuer profile
Gold Resource Corporation (NYSEAMERICAN:GORO) has declared its monthly dividend of one-third of a cent per common share for January 2021 payable on February 23, 2021, to shareholders of record as of February 11, 2021. The company offers its shareholders the option to convert their cash dividends into physical gold and/or silver and take delivery.
DGTL Holdings Inc. (CVE:DGTL) (OTCQB:DGTHF) (FRA:A2QB0L) has said its common shares are now eligible for electronic clearing and settlement through The Depository Trust Company (DTC) in the United States. DTC is a subsidiary of The Depository Trust & Clearing Corporation, a United States company that manages the electronic clearing and settlement of publicly-traded companies. This electronic method of clearing securities expedites the receipt of shares and cash and thus accelerates the settlement process for investors and brokers, enhancing accessibility and trading volume potential from online transactions. In addition to trading in the United States on the OTCQB Venture Market, DGTL's common shares will continue to trade on the Toronto Venture Stock Exchange and the Frankfurt Stock Exchange.]
Ridgeline Minerals Corp. (CVE:RDG) (OTCQB:RDGMF) has announced that its common shares have been made eligible for book-entry and depository services of the Depository Trust Company (DTC), to facilitate electronic clearing and settlement of transfers of its common shares in the United States. Chad Peters, Ridgeline's president and CEO, commented: "We are pleased to have received DTC eligibility to facilitate the trading of our common shares for U.S. investors and brokerage firms. This will allow for faster execution and improved liquidity, which will help broaden our investors base."
OTC Markets Group Inc. (OTCQX:OTCM), the operator of financial markets for 11,000 US and global securities, has announced that Crossroads Systems, Inc. (OTCQX:CRSS), a holding company focused on investing in businesses that promote economic vitality and community development, has qualified to trade on the OTCQX Best Market and has today upgraded from the OTCQB Venture Market. The OTCQX Market provides investors with a premium US public market to research and trade the shares of investor-focused companies. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among US investors. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. "Our graduation to the OTCQX Market is thanks to the collective efforts of our employees, customers, investors, partners and many other stakeholders who have supported our mission of promoting economic vitality and community development where it is needed," said Crossroads CEO Eric Donnelly.
OTC Markets Group Inc. (OTCQX:OTCM), the operator of financial markets for 11,000 US and global securities, has announced that Field Trip Health Ltd. (CSE:FTRP) (OTCQX:FTRPF), a global leader in the development and delivery of psychedelic therapies, has qualified to trade on the OTCQX Best Market and has today upgraded from the OTC Pink market. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws. "Our quotation on the OTCQX Best Market from the Pink market marks an important step for Field Trip in bringing our integrated psychedelics business to a wider range of US and international institutional and retail investors," said Ronan Levy, Field Trip's executive chairman.
Virtual Investor Conferences, the leading proprietary investor conference series, has announced the agenda for the upcoming Small and Microcap Showcase. Individual investors, institutional investors, advisors and analysts are invited to attend. The program opens at 8.45am ET on Thursday, February 4, 2021, with the first live webcast at 9.00am ET. It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates. There is no cost to log-in, attend the live presentations or ask questions. Investors can register at https://bit.ly/2KEhljn. "We are pleased to highlight a diverse array of companies participating in the Small and Microcap Virtual Investor Conference," said Jason Paltrowitz, executive vice president of Corporate Services at OTC Markets Group. "We appreciate the collaboration of our co-sponsor Skyline Corporate Communications." Virtual Investor Conferences is part of OTC Market Group Inc's (OTCQX:OTCM) suite of investor relations services.