VanadiumCorp Resource Inc (CVE:VRB) (OTCQB:APAFF) announced it has changed its ticker symbol from ‘APAFF’ to ‘VRBFF’ on the United States OTC Markets effective immediately. No action is required by current shareholders relative to the ticker symbol change.
Albert Labs Inc has signed a definitive agreement with ME Resource Corp (CSE:MEC) (OTC:MEEXF) to complete a reverse takeover (RTO) by which Albert Labs will gain a listing on the Canadian Securities Exchange. Albert Labs is currently a private corporation focused on the emerging field of psychedelic-assisted therapy and research, building IP and expertise around accelerated, real-world evidence studies. The combined company, subject to CSE approval, will list under the name Albert Labs Inc and maintain its business as currently constituted. The existing security holders of Albert Labs will receive 38.6 million post-consolidation shares of the combined company in exchange for their securities. In connection with the RTO, Albert Labs has initiated an equity financing, raising maximum gross proceeds of C$4 million at a price of C$0.25 per share.
Exro Technologies Inc (CVE:EXRO) (OTCQB:EXROF) has reiterated its focus is on executing its outstanding business strategy with the support of its validated partners and US$40 million in its bank account, as it issued a fact-check on Thursday in response to a report “full of inaccuracies, innuendos and outright distortions” from Mariner Group. Exro stock declined 17% to C$3.75 Thursday following the Mariner report, and the company said it is reviewing the available legal recourse to hold the authors responsible for the “baseless attack” which it claims was intended to manipulate its share price downward in support of short-sellers.
Versus Systems Inc (NASDAQ:VS) (CSE:VS) (FRA:BMVB) announced Friday a strategic partnership with full-service experiential marketing agency Frias Agency to power the technology behind interactive experiences for live events and digital activations. Versus noted that Frias Agency clients include iconic beverage brands from Constellation Brands Inc such as Corona, Cerveza Modelo, Cerveza Pacifico, Crush, Kim Crawford, Meiomi, Blue Chair Bay, and Casa Noble. Frias also works with major athletes like Canelo Alvarez and sports promoters like Matchroom Boxing and Premier Boxing Champions. The Versus partnership with Frias is expected to extend prizing into live sporting events starting in the Summer of 2021 for soccer, boxing, wrestling, and MMA, as well as live music festivals and tours.
Delta 9 Cannabis Inc (TSE:DN) (OTCQX:VRNDF) (FRA:V5D1) said it has completed the final services milestone in its agreement with Alberta-based partner Fourth Generation Cannabis Ltd (4th Gen), which resulted in 4th Gen receiving its cannabis micro cultivation licenses from Health Canada. Delta 9 said it has provided services to 4th Gen as part of a Strategic Cooperation Agreement (SCA) related to cannabis production, development of standard operating procedures and sanitation programs, consulting on Health Canada licensing, marketing services, brand development and other services supporting the acquisition of the Health Canada license.
First Mining Gold Corp (TSE:FF) (OTCQX:FFMGF) (FRA:FMG) said it has now filed its previously announced pre-feasibility study (PFS) for the Springpole gold project in Ontario, which shows the property has the potential to become a strategically significant, highly profitable gold mine. As reported in January this year, the study envisages recovering gold and silver from a 30,000 tonne-per-day (tpd) open-pit operation, over a mine life of 11.3 years.
The Valens Company Inc (TSE:VLNS) (OTCQX:VLNCF) (FRA:7LV) announced Friday the closing of the LYF Food Technologies Inc acquisition, launching itself into the edibles market. LYF produces chocolate, confectionery, baked and health food cannabis-infused edibles. The group offers white label and private label services and a comprehensive portfolio of in-house brands. Kelowna-based Valens acquired LYF for C$24.9 million, plus about C$17.5 million in post-closing consideration, subject to achieving certain earn-out EBITDA milestones.
Predictmedix Inc (CSE:PMED) (OTCQB:PMEDF) said it has closed a non-brokered private placement equity financing for gross proceeds of C$1,090,085, which the company expects will accelerate operations as it scales up its business. Predictmedix said the strategic finance round brings it one step closer to its mission of becoming the first line of defence to improve workplace health and safety through the company’s artificial intelligence-powered technologies.
DXI Capital Corp (TSE:DXI) (OCTQB:DXIEF), formerly DXI Energy, has filed its financials for the year to end-December, saying the group is "actively seeking an impactful tailwind business with a strong, well-capitalized management team". The Vancouver-based company sold its energy assets in the summer of 2020, including its 99%-Woodrush production facility in British Columbia and its Kokopelli gas project in Colorado. It successfully liquidated 100% of all operating subsidiaries, including all associated liabilities and reported a one-time C$8.7 million gain on these dispositions. "The company is now well-positioned to source and support a qualifying transaction to leverage DXI Capital's network and lineague in the North American public markets," it said in the statement.
Naturally Splendid Enterprises Ltd. (CVE:NSP) (FRA:50N) (OTCPINK:NSPDF) said it has received $254,980 in cash from the exercise of warrants. The warrants were exercised at a price of $0.055 for a total of 4,636,000 common shares being issued. Following the issuance of these shares, Naturally Splendid will have 206,803,007 common shares outstanding. Naturally Splendid CEO Craig Goodwin commented: "The Company continues to push forward with our strategic initiatives including our NATERA Plant Based Foods. Capital is being directed to expanding our e-commerce initiatives as well as the more traditional distribution channels. E-commerce continues to be an area of focus for the Company as consumers are shopping for groceries from home with increasing frequency. Consumer demand for plant-based foods continues to increase as well. This combination offers an opportunity that we continue to expand upon. I look forward to providing updates on these areas of focus in a timely manner."
Tocvan Ventures Corp. (CSE:TOC) has said that its previously disclosed non-brokered private placement, announced on January 28, 2021, has been amended from US dollars to Canadian dollars and will now consist of the issuance of up to 2,500,000 units at C$0.60 per unit, for gross proceeds of up to C$1,500,000. Each Unit is comprised of one common share and one share purchase warrant of the company. Each warrant will entitle the holder to acquire one additional Tocvan share at a price of C$0.75 for a period of 18 months from the date the units are issued, subject to an accelerated expiry provision. All securities issued in connection with the offering will be subject to a statutory hold period of four months plus a day from the date of issuance. The proceeds from the offering will be used for general working capital purposes.
American Manganese Inc. (CVE:AMY) has announced that it will present its innovative approach to recycling lithium-ion battery cathode material during the International Battery Seminar and Virtual Exhibit taking place March 9-11, 2021. The company said Zarko Meseldzija, CTO and a director of American Manganese, will present on March 10 at 9.40am Eastern Standard Time followed by a panel discussion. It added that Meseldzija’s presentation will examine the company’s strategy in the global battery raw material supply chain and the RecycLiCo process, a closed-loop and environmentally friendly solution for the recycling of cathode materials used in lithium-ion batteries. Founded in 1983, the International Battery Seminar & Exhibit has established itself as the premier event showcasing the state of the art of worldwide energy storage technology developments for consumer, automotive, military, and industrial applications. To register for the virtual event please use the following link: https://chidb.com/reg/fbc/reg.asp
Thunderbird Entertainment Group Inc. (CVE:TBRD) (OTCQX:THBRF) has announced that its president and CEO, Jennifer Twiner McCarron, along with senior management, will participate virtually in the following investment conferences in March LD Micro Conference on March 9, 2021, at 8.ooam PT/ 11.00am ET, webcast: https://us02web.zoom.us/webinar/register/WN_AFQakUImRaiMjk1EwQHwgg; The Virtual 33rd Annual Roth Conference on March 15-17, 2021, via flexible pre-recorded presentation' webcast: https://wsw.com/webcast/roth35/tbrd/1825596; International Investment Afternoon - Women in Leadership on March 17, 2021, at 7.00am PT /10.00am ET, webcast: https://us02web.zoom.us/webinar/register/WN_H6yKtvRKTACu3tyvdFYiK; website: www.dealgateway.com/events/; The Lytham Partners Spring 2021 Investor Conference, March 30 – April 1, 2021, webcast: https://thunderbird.tv/events/. The company said its senior management will also be available for one-on-one meetings at designated conferences. Webcasts, when available and where applicable, can be viewed through the events section on the company’s website. Thunderbird also said Twiner McCarron will also be participating in the following events in honour of International Women’s Day: OTCQX Market Open on International Women's Day on March 8, 2021, at the Market pen (6.30am PT/9.30am ET); and The C-Suite at The Open when she will be featured in a March video series intended to shine a spotlight on female leaders on the Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV); website: www.tsx.com/listings/tsx-and-tsxv-issuer-resources/c-suite-at-the-open
OTC Markets Group Inc. (OTCQX:OTCM), the operator of financial markets for 11,000 US and global securities, has announced that Banxa Holdings Inc. (CVE:BNXA) (OTCQX:BNXAF), a payments service provider for the digital asset space, has qualified to trade on the OTCQX Best Market and has today upgraded from the OTC Pink market. Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their US investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the US. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws. Domenic Carosa, chairman of Banxa commented: "We are pleased to trade on OTCQX. We have a lot of customers in the US, and those customers are now able to join us on this journey to a digital asset future. As the market matures, we aim to be at the forefront of innovation and transparency, and being a player in the north American market is a critical piece of that strategy."
Imperial Mining Group Ltd. (CVE:IPG ) (OTCQB:IMPNF), a Canadian mineral exploration and development company focussed on the advancement of its technology metals opportunities in Québec announced that it has qualified to trade on the OTCQB Venture Market, operated by OTC Markets Group Inc. (OTCQX:OTCM). “On behalf of everyone at OTC Markets Group, we’re delighted to approve and welcome Imperial Mining Group to trade on the OTCQB Venture Market,” said Chris King, senior vice-president, Corporate Services. “Gaining access to the broader US investor and broker community is a critical step for Imperial Mining. We look forward to helping them deliver on their corporate objectives and greater US investor access.” Securities Law USA, PLCC, acted as the company’s OTCQB sponsor. “Trading on the OTCQB Venture Market is an important milestone for Imperial as it provides US investors with a pathway to invest and participate in the Imperial Mining Group story,” said Peter J Cashin, Imperial’s President and CEO. “We recently announced our intent to undertake a $2.0 million exploration program on our high-grade Crater Lake scandium-rare earth project in Quebec, Canada and will provide timely updates on these activities. The recognition by major US manufacturers in the automotive, aerospace, and defense sectors that scandium-modified aluminum alloy materials are critical inputs into their platforms is an important development. This is particularly so, given the strength of Quebec’s aluminum industry, that these next generation lightweight alloys will become an important value-added product for the province’s aluminum industry.”