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NA Proactive news snapshot: Esports Entertainment, International Montoro, Media Central, Vuzix, Ximen Mining UPDATE ...

A glance at some of the day's highlights from the Proactive Investors US and Canada newswires

Esports Entertainment Group (NASDAQ:GMBL) shares climbed Thursday after an analyst from Noble Capital Markets raised the firm's price target on the stock to $11 per share from $10 and reiterated an Outperform rating in a note to clients. “The company has recently closed on its EGL acquisition and appears set to soon close on Lucky Dino,” Noble wrote. “Based on comments at NobleCon 17, management appears sanguine about closing the ggCircuit and Helix acquisitions in March or early April. We believe that the closing of these acquisitions will raise the investment profile of the company.” Shares closed 7.1% higher Thursday at $8.27.

International Montoro Resources Inc (CVE:IMT) (OTCPINK:IMTFF) announced Thursday that its board of directors has approved the company's name-change to Marvel Discovery Corp. The move is subject to the acceptance of the TSX Venture Exchange and the company will also be seeking the exchange’s approval to change its trading symbol to ‘MARV’ upon completion, according to a statement. While it awaits approval, the company said it will be doing all the necessary documentation associated with the name-change. The company added that the name-change will be done without any share consolidation.

Media Central Corporation Inc (CSE:FLYY) (FRA:3AT) announced that it will launch a “wave of new digital initiatives” as part of its 2021 strategic growth plan, which includes investments in its technology infrastructure as well as the company’s digital platforms and products in order to achieve near-term profitability, debt reduction, and double-digit revenue growth. MediaCentral said it will build its foundational future on its alternative news platform NOW Magazine and the Georgia Straight, while the company’s new unified technology infrastructure is expected to significantly enhance the user experience across all of its wholly-owned digital platforms.

Vuzix Corporation (NASDAQ: VUZI), a leading supplier of smart glasses and augmented reality (AR) technology and products, has completed the first phase of development with a US medical partner to build a customized head-mounted display system for assisted cancer surgery. The program was first announced in October 2020, New York-based Vuzix said in a statement. Vuzix said a second phase of development is currently being contemplated by the customer and could result in potentially greater non-recurring engineering (NRE) revenues, if awarded by the customer, in subsequent phases before an accepted final product design could be expected to lead to a volume original equipment manufacturing (OEM) production order.

Ximen Mining Corp (CVE:XIM)(FRA:1XMA)(OTCQB:XXMMF) announced Thursday that it closed a non-brokered private placement that raised $365,547. The offering consisted of 1,218,493 units at $0.30 apiece. Each Unit consists of one share and one transferable share purchase warrant. Each whole warrant will entitle the holder to purchase, for a period of 36 months from the date of issue, one additional share at $0.45 per share. The hold expiry date for the placement is June 5, 2021. The net proceeds will be used for the further exploration of the company's British Columbia mineral properties and general working capital.

GGX Gold Corp (CVE:GGX) (OTCQB:GGXXF) (FRA:3SR2) announced Thursday further results of its 2020 exploration program at the Gold Drop property in the Greenwood Mining Camp of south-central British Columbia. The company said assay results were received for drill holes 8 to 10 on the COD vein and two surface rock chip samples from the property. Highlights from the drill core assays include 27.7 grams per tonne (g/t) gold over 1.18 meters (m) in hole 10, and 11.95 g/t gold over 0.59m in hole 9. The weighted average for the intercept from 17.57m to 21.8m in hole COD20-10 is 4.23m grading 8.75 g/t. The company also said holes COD20-09 and 10 were drilled to test the northern limit of an area of high-grade mineralization that was discovered in 2018 and drilled that year and in 2019.

Ipsidy Inc (OTCQB:IDTY) announced an expansion Thursday of its Identity-as-a-Service (IDaaS) offerings to include AuthentifID, which provides a passwordless login tied to a trusted identity. AuthentifID incorporates Proof, Ipsidy’s mobile biometric identity verification service that scans an ID and automatically matches a selfie to the document photo. The combined solution, developed in partnership with LoginID, establishes a password free digital chain of trust between biometrically verified individuals, their accounts and their devices.

PharmaDrug Inc. (CSE:BUZZ) (OTCPINK:LMLLF) said it entered into a supply agreement on January 4, 2021, with a Canadian-based multinational cannabis company for EU-GMP certified medical cannabis, with the supply already registered and approved for sale in the German market. Under the supply agreement, the company's licensed German distributor, Pharmadrug Production GmbH will purchase branded medical cannabis from the supplier's German subsidiary. Pharmadrug Production has already received regulatory approval to distribute the cannabis and the product has been added to their license. The group said the flower will be imported into Germany by the global supplier and sold under the supplier's medical cannabis brand.

WeedMD Inc (CVE:WMD) (OTCQX:WDDMF) (FRA:4WE) reported that its terpene-infused, one-gram Saturday Cannabis vaporizer was named “Top Selling Vape” for January at the Ontario Cannabis Store (OCS), as the product’s availability expands to retailers as well as other Canadian provinces. The company also confirmed that its Color Cannabis products are now available in 15-gram nitrogen-infused pouches through the OCS, Canada’s largest cannabis retail distributor, in award-winning strains such as Pedro’s Sweet Sativa, Ghost Train Haze, and Black Sugar Rose.

Bragg Gaming Group Inc (TSX:BRAG) (OTCMKTS:BRGGF) announced that its wholly-owned ORYX Gaming subsidiary had become the exclusive content aggregation partner to MerkurXtip, expanding its footprint in Serbia and extending the reach of ORYX’s premium products. Bragg Gaming said MerkurXtip will also use ORYX’s Data Platform to analyze product performance, perform targeted marketing campaigns and offer player engagement tools, such as free rounds, leaderboards, tournaments and achievements, which have proven to significantly increase player retention and player values.

PlantX Life Inc (CSE:VEGA) (FRA:WNT1) (OTCQB:PLTXF) announced Thursday an expansion of the company's popular plant subscription platform Bloombox Club UK to Germany. Bloombox Club, which was acquired by the company in November 2020, will launch under the new domain, https://bloomboxclub.de/ in Germany and will offer the same features that made Bloombox Club successful in the UK. These features will include its plant subscription service, extensive indoor plant selection, plant care and self-care packages, and a wide variety of pots and accessories.

Loop Insights Inc (CVE:MTRX) (OTCQBRACMF) said it has launched a pilot agreement with Maplin Electronics, the UK’s leading online electronics retailer, to implement its real-time artificial intelligence (AI) analytics platform. The provider of AI-powered, automated marketing, contact tracing, and contactless solutions said the agreement with Maplin represents the continued expansion into the UK’s retail industry. Under the deal, Loop will deploy its insights platform, consisting of its web-based portal, analytics dashboard, and AI-driven retail insights, while Maplin will also provide Loop with access to web traffic data from its e-commerce platform, allowing the company to create a unified picture of Maplin’s retail business in the digital world, which it said will establish “new opportunities for increased revenues, consumer engagement, and data monetization”.

Talon Metals Corp (TSE:TLO) (OTCMKTS:TLOFF) (FRA:TAO) has further updated its preliminary economic assessment (PEA) on the giant Tamarack nickel project in Minnesota, USA, which shows low costs, a high rate of return and quick pay-back. Tamarack is one of the only undeveloped nickel projects in the US and the latest study looked at the economics for three potential production scenarios. These are: nickel sulphates for the electric vehicle (EV) market; concentrates for refined nickel powders, also for the electric vehicle (EV) market; and nickel concentrates for the traditional stainless steel market. All three showed robust economics.

Victory Square Technologies Inc (CSE:VST) (OTCMKTS:VSQTF) said Thursday it has completed the acquisition of mobile health and wellness service provider IV Hydreight for US$1.6 million. Hydreight provides a unique, custom-built, proprietary telemedicine service that allows users to book confidential health and wellness or medical services on the go through a mobile platform. Its business model leverages decentralized healthcare to bring quality telehealth, medical, health and wellness services to people in an efficient, scalable and cost-effective way. Vancouver-based Victory Square said it will adopt this acquisition in its planned global VSH growth strategy for the emerging lucrative telehealth platform.

Predictmedix Inc (CSE:PMED) (OTCQB:PMEDF) is partnering with Juiceworks Exhibits (JUICEWORKS) and Wellness for Humanity to deploy its Safe Entry Stations at this weekend's Super Bowl festivities in Tampa, Florida. Also, E11EVEN Miami has teamed up with Dave Portnoy & Barstool Sports, alongside Pied Piper Productions to throw two parties in Tampa, leading up to Sunday's Big Game. The world's first and only 24/7 ultra-club, E11EVEN Miami, is known for presenting up close & personal live performances while playing host to some of the biggest celebrities in the world, including Drake, Kendall Jenner, Miley Cyrus, Usher, Nicky Jam, Nicki Minaj, Leonardo DiCaprio, and Sting, among others.

GSRX Industries Inc (OTCPINK:GSRX) announced Thursday that it will be launching a virtual delivery only restaurant (VDOR) called Wrap Hack Café in March. The first Wrap Hack Café will serve the State College, Pennsylvania market, the company said, utilizing the GrubHub network to deliver orders. State College is home to Penn State University, with an annual enrollment of more than 45,000 graduate and undergraduate students, making it one of the largest universities in the US.

Soma Gold Corp (CVE:SOMA) (OTCMKTS:PRSRF) has reported encouraging drill assays from its Cordero-Balvina mine project in Colombia, which shows potential for even stronger economics at the mine where production is expected this June or July. The company has now completed the next phase of infill drilling at the deposit and highlights include 3.70 metres (m) of 2.37 grams per ton (g/t) gold, including 0.70m of 7.23 g/t gold.

HealthLynked Corp (OTCQB:HLYK) announced Thursday that it has released CareLynk -- an innovative Artificial Intelligence-enabled healthcare directory that allows users to call one number and connect to any doctor across the US. The company said CareLynk utilizes natural language processing (NLP) and voice-to-text technology to understand what healthcare provider a caller is looking for. The system includes doctors from over 88 different medical specialties. Providers can be located by last name, zip code, and specialty. Results are filtered in order of relevance, allowing the user to quickly and efficiently locate the provider they are searching for -- hands-free.

District Metals Corp (CVE:DMX) (OTCMKTS:MKVNF) (FRA:DFPP) expects to start drilling at its advanced stage polymetallic Tomtebo property in Sweden in late February or early March this year after it received all the necessary permits, along with news it has a new finance chief. Planned is a 5,000 metres (m) program to follow up historical holes to confirm high grades, to carry out infill and step-out drilling, and to conduct modern down-hole surveys.

Rideshare Rental Inc (OTC:YAYO), formerly YaYo Inc, has announced that CEO Ramy El-Batrawi, acting through his holding company X LLC, has agreed to sell 6 million shares of stock to Acuitas Group Holdings LLC, which will make the firm Rideshare Rental’s controlling stockholder and kick off a leadership change. Acuitas, which will control more than 10 million shares after the sale, will nominate Terren Peizer, its sole member, to be executive chairman of the company. Peizer will replace Stephen Sanchez, who will resign to serve as the company’s new CEO, the company said. Peizer is CEO of OnTrak Inc and BioVie Inc, where he has created approximately $2.5 billion in enterprise value. He also owns four private companies that possibly have greater value than the two public ones, the company said.

Recruiter.com Group, Inc. (OTCQB:RCRT), a leading AI-powered hiring platform with the world’s largest network of recruiters, has announced that its chairman and CEO, Evan Sohn, will present the results of the company’s Recruiter Index for January 2021 live on CNBC on Thursday, February 4, on “The Exchange,” which airs 1.00pm-2.00pm ET. The Recruiter Index is a survey of the Recruiter.com recruiter network, which is comprised of more than 27,500 small and independent recruiters. It has a successful track record of forecasting the Labor Department’s jobs report by relying on the sentiment of recruiters. “As our network continues to grow, the data we are generating across the business landscape provides strong insight into areas of business that show the most potential for growth, and I am excited for the opportunity to once again share the latest results with the CNBC audience,” commented Sohn.

Exro Technologies Inc. (CVE:EXRO) (OTCMKTS:EXROF) announced that it has signed an agreement with LAND Electric Motorcycles to produce up to 2000 units of its Coil Driver this year. LAND (E-Moto) is an innovative electric motorcycle manufacturer based in Cleveland, Ohio, USA, that produces a US-made, powerful, lightweight electric motorcycle called the District which showcases innovative vehicle design and craftsmanship for an enhanced riding experience. LAND was founded by industry veteran Scott Colosimo, who also founded Cleveland CycleWerks, which has been manufacturing gas motorcycles for more than 11 years.

Nemaura Medical, Inc. (NASDAQ:NMRD) has announced its second management appointment of the week, naming Thomas Mortensen as head of EU commercial operations and marketing. In Thursday's statement, Nemaura CEO Dr Faz Chowdhury commented: “Tom is an important addition to our team, as he will head up our operations in the E.U for our planned direct to consumer product. His extensive experience throughout Europe will help us determine the best way to position our products for country-specific audiences, and we look forward to his leadership and guidance as we ramp up our marketing activities,” On Monday, Nemaura announced the appointment of Jay L. Warner, a 30-year veteran of the healthcare industry, as its head of US commercial operations.

Clean Seed Capital Group Ltd. (CVE:CSX) has announced its spring plans for the SMART Seeder MAX-S launch. Commencing in April, Clean Seed said it will have SMART Seeder MAX-S units operating on commercial farms in several regions in Western Canada. These operations will fully utilize singulation and our digital drive technology, proprietary variable rate metering systems and the company’s proprietary SeedSync MAX software interface, “the whole solution”. Throughout spring, the company added, it will host multiple demonstration events with key early adopter targets and prospective distributers. Clean Seed will also be conducting in-depth virtual sessions for the agricultural community to highlight the specifications, capabilities, and agronomic benefits of the SMART Seeder MAX-S. Each farm will be operating the SMART Seeder MAX-S alongside their current air seeders providing each operator a direct comparison.

Goldcore Resources Ltd (CVE:GEM) (OTCMKTS:CZSVF) (FRA:BR2P) is getting into the lithium-ion battery game. The Vancouver-based company announced Thursday that it is working with leading graphite research and development laboratory ProGraphite GmbH to build several sample lithium-ion batteries using graphite from Goldcore’s Berkwood Graphite deposit in Quebec.

Information Services Corporation (TSX:ISV) announced that its revenue for 2020 is expected to exceed the consensus estimate of $135.7 million, on strength in the Saskatchewan real estate market during the second half of the year, new customer acquisitions in the company’s Services segment, as well as the addition of its new Recovery Solutions division. Information Services Corp also said it is well-positioned to manage through the COVID-19 related challenges in 2021, with its results expected to reflect that, yet it is unable, at this time, to predict the full impact of the pandemic on its 2021 financial results.

O3 Mining Inc (CVE:OIII) (OTCMKTS:OQMGF) has reported the latest drill results from its flagship Marban project on the Malartic property in Québec, including a new gold discovery which could become a new open pitable resource. The company is amid a 150,000 metre (m) drill campaign at its Alpha and Marban projects, and at Marban, 20,591 metres (m) of a 50,000m program have been sunk since August last year, in a bid to test extensions outside the preliminary economic assessment (PEA) pit area.

Silver Range Resources Ltd (CVE:SNG) (OTCMKTS:SLRRF) (FRA:8SR) is boosting its property portfolio with the addition of a new high-grade silver asset. The Roughrider property in the Walker Lane, west central Nevada, consists of six claims that contain shear-hosted quartz veins and stockworks along a one-kilometre-long shear zone. Earlier sampling by Silver Range returned 4,320 grams per ton (g/t) silver and 3,530 g/t silver from vein material exposed in underground workings along a 300 metre (m) interval, where the shear zone is intermittently exposed.

Ceylon Graphite Corp (CVE:CYL) (OTCMKTS:CYLYF) (FRA:CCY) announced an expanded drill program at its H1 site in Sri Lanka, according to a statement Thursday. The drill program, which was designed to develop the parameters of the H1 mine, will include six new 220-to-250-metres boreholes, the company told shareholders. The site is one of 121 grids held by Ceylon’s subsidiary Sarcon Development (Pvt) Ltd under EL 222.

LeanLife Health Inc (CSE:LLP) (OTCPINK:LHLNF) (FRA:LL1) has reached a management consulting agreement with Big Venture Sales Ltd and its CEO Robert Hatch to launch online sales of Mike Tyson-branded Iron Energy on its own website and through Amazon. Big Venture will also be responsible for handling distribution and warehousing to facilitate online sales, in addition to brick and mortar, the company said. Hatch launched Wisdom Natural Brands, which makes Stevia Sweetleaf Sweetener into 2,800 Walmart stores back in 2004. Sweetleaf Stevia, originally created in 1982, was the first sweetener to receive Generally Recognized as Safe (GRAS) status.

Champignon Brands Inc (CSE:SHRM) (FRA:496) (OTCQB:SHRMF) chairman Roger McIntyre has unveiled changes to the board of the ketamine treatment specialist. The company said that Bill Wilkerson, who was appointed to the board on May 22, 2020, and elected vice-chair on September 14, 2020, has retired from the board after completing his six-month commitment to the company. "We thank Dr Wilkerson for the guidance and the expertise that he brought to Champignon. His sage counsel has served us well and we appreciate his dedication and active participation in preparing Champignon for its successful future", McIntyre said in a statement. Meanwhile, Champignon said that Olga M. Cwiek, a former senior television executive at CBC and CTV and who the company said is “an experienced and effective practitioner of good governance”, will be joining the board.

Mirasol Resources Ltd (CVE:MRZ) (OTCPK:MRZLF) (FRA:M8R) said it has appointed Timothy Heenan to the position of interim president, pending the appointment of a full-time president and chief executive. Heenan currently serves as vice president exploration and has worked for Mirasol since 2003. The company also said that Patrick Evans will serve as executive chair until the president and CEO is appointed.

Recruiter.com Group, Inc. (OTCQB:RCRT), a leading AI-powered hiring platform with the world’s largest network of recruiters, has announced that its chairman and CEO, Evan Sohn, will present the results of the company’s Recruiter Index for January 2021 live on CNBC on Thursday, February 4, on “The Exchange,” which airs 1.00pm-2.00pm ET. The Recruiter Index is a survey of the Recruiter.com recruiter network, which is comprised of more than 27,500 small and independent recruiters. It has a successful track record of forecasting the Labor Department’s jobs report by relying on the sentiment of recruiters. “As our network continues to grow, the data we are generating across the business landscape provides strong insight into areas of business that show the most potential for growth, and I am excited for the opportunity to once again share the latest results with the CNBC audience,” commented Sohn.

Cloud Nine Education Group Ltd. (CVE:CNI) said it has closed the first tranche of its non-brokered private placement of 6,235,666 units for gross proceeds of $1,870,700. Each unit consists of one common share in the capital of the company and one-half of one transferable common share purchase warrant. Each whole warrant entitles the holder to acquire one share at a price of 75 cents per share for a period of 12 months following the date of closing of the offering. The net proceeds from the offering are expected to be used to finance the company's general working capital. In connection with the offering, the company shall pay, to an eligible person, a finder's fee of $30,456 and issue 40,608 finder warrants. The finder warrants are non-transferable and exercisable on the same terms as the warrants issued under the offering

Canntab Therapeutics Limited (CSE:PILL) (OTCQB:CTABF) (FRA:TBF1) announced that it has granted, in accordance with the company's stock option plan, an aggregate of 50,000 options to purchase common shares to a consultant of the company. Each option is exercisable at a price of $0.80 per share for a period of two years, expiring February 3, 2023.

The TSX Venture Exchange has accepted for filing a proposal by GR Silver Mining Ltd (CVE:GRSL) (OTCQB:GRSLF) (FRA:GPE) to issue 141,097 shares at a deemed price of $0.74 per share to settle outstanding debt for $104,412.

GoviEx Uranium Inc (CVE:GXU) said the TSX Venture Exchange has accepted for filing documentation with respect to its non-brokered private placement announced on January 21, 2021, which will see the issue of 32 million shares at a purchase price of 25 Canadian cents per share, together with 32 million share purchase warrants with an exercise price of 30 US cents (approximately 38 Canadian cents) until January 21, 2023, with nine placees.

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