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Cannabis

NA Proactive news snapshot: CO2 GRO, Xigem Technologies, Kainantu Resources, XPhyto Therapeutics UPDATE ...

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

CO2 GRO Inc (TSX-V:GROW, OTCQB:BLONF) reports that it generated record revenue for its second quarter. During the quarter ended June 30, 2021, the Toronto-based company said it pulled in $91,660 in revenue versus $16.597 in 1Q 2021 thanks to increases in commercial feasibilities and sales of its flagship CO2 Delivery Solutions systems. CO2 GRO also said it signed $50,625 worth of purchase orders that will be recognized as revenues when its CO2 Delivery Solution systems are installed and operating. Looking ahead, the company is targeting the massive Mexican and Spanish protected agricultural markets -- as well as expanding its footprint in the Canadian cannabis market.

Xigem Technologies (CSE:XIGM, OTCQB:XIGMF) Corporation has ended its second quarter with about C$1.5 million in cash, around $2.9 million of assets, and no long-term debt, as the company expects to begin generating revenue in the third and fourth quarter of 2021. “As our first full quarter as a public company wrapped up, we made healthy progress on multiple strategic fronts. We began advancing our core technology platform, acquired complementary intellectual property, strengthened our team, raised additional capital, entered new industry verticals and improved liquidity for investors globally,” Xigem Technologies CEO Brian Kalish said in a statement.

Kainantu Resources Ltd (TSX-V:KRL) has filed its second interim results for the period ending June 30, 2021, which, given the company’s transition to a calendar reporting cycle, were presented for a seven-month period. In the results statement, Matthew Salthouse, CEO of Kainantu Resources commented: “KRL is pleased to report further progress during the period and has delivered against the early stage milestones set on listing in December 2021; with the consolidation of rights to explore in the world-renowned Kainantu region and definition of three clear gold prospects at KRL South (with high-grade gold sample results reported at East Avaninofi)." "The signing of definitive agreements to acquire the highly prospective May River Copper-Gold Project also demonstrated KRL’s ability to develop and execute value accretive corporate initiatives. The Company expects to provide further updates on exploration efforts in the near future," he added.

KetamineOne Capital Limited (LSE:CAPD, FRA:C8D) has announced that its subsidiary Integrated Rehab and Performance Ltd is expanding its business through the addition of four new, veteran-focused, multidisciplinary clinics in four locations across Canada. In a statement, Ketamine One (NEO:MEDI.AQN) said the Comox Valley, BC location is scheduled to begin offering programs on September 6, 2021, and the Ottawa, ON location is also expected to be opened in September. The Halifax, NS and Surrey, BC centres are expected to be opened by the end of December. In addition, the company announced that Integrated Rehab and Performance has been re-branded as IRP Health Ltd to better reflect its planned evolution into more of a multidisciplinary business as part of Ketamine One (NEO:MEDI.AQN) while also preserving its roots.

Thesis Gold Inc has reported that initial drilling at its Ranch gold-copper project in British Columbia, which began in early August, intersected visible gold and the company has added a second drill rig at the property. Thesis also said soil sampling and rock prospecting campaigns at the Ranch project are nearing completion, while geophysical surveys are progressing, and early drill results expected in the coming weeks.

Fobi AI (TSX-V:FOBI, OTCQB:FOBIF) Inc has announced the completed integration of its Fobi Platform with Shopify (TSX:SH., NYSE:SHOP) and the availability of the Fobi App on the Shopify (TSX:SH., NYSE:SHOP) App Store for purchase by Shopify retailers. Fobi said it is one of the only companies in the Shopify App Store currently providing real-time insights and making retailer data immediately actionable. "Many people think of Shopify as just an e-commerce platform to help businesses run their online stores but fail to realize it does so much more by helping merchants with critical back-end integrations such as shipping, payments and social media marketing,” said Fobi CEO Rob Anson in a statement.

Predictmedix Inc said it has entered into a strategic partnership with Paras TechCare, a division of Paras Defence & Space Technologies Ltd (Paras), under which Paras will manufacture, market, sell and distribute Predictmedix's proprietary Safe Entry Stations in a turnkey manner for deployment in the public sector throughout India. Under the terms of the new reseller agreement, Paras TechCare will manufacture and sell Safe Entry Stations within the southern Asian market on behalf of Predictmedix, where Paras maintains significant public sector relationships through its defense contractor business lines.

First Mining Gold Corp said its joint-venture partner, Auteco Minerals Ltd (ASX:AUT, OTC:MNXMF), has completed the Stage 2 earn-in requirements regarding the Pickle Crow Gold Project located in northwestern Ontario. As per the earn-in agreement Auteco has spent $5 million on qualifying exploration expenditures, paid $1 million in cash to First Mining and has granted First Mining a 2% net smelter return (NSR) royalty on Pickle Crow. Auteco does have the option of buying back 1% of the NSR for US$2.5 million. Additionally, Auteco, through one of its subsidiaries, has also increased its ownership in PC Gold Inc (TSX:PKL), to 70% from 51%. PC Gold is the joint venture entity that owns Pickle Crow.

XPhyto Therapeutics Corp. (CSE:XPHY, OTCQB:XPHYF), with its partner and acquisition target 3a-diagnostics GmbH (3a), has successfully registered their first biosensor test in oral inflammation with the German authorities (cosmetic products notification). The company said the easy at-home self-check can be performed without the need for specific medical knowledge or training, analytical equipment, or even a power supply. When placed on the tongue, the thin film dissolves and after five minutes, the biosensor releases a bitter taste in case of oral inflammation. The biosensor functions as a quick test for heightened levels of certain bacteria and viruses to check whether a doctor's visit and further tests are necessary.

C3 Metals Inc. (TSX-V:CCCM)said it had wrapped up a review of historic data from its Bellas Gate project that indicates good potential for porphyry and epithermal copper and gold. Bellas Gate, which is in Jamaica, hosts over 40 known copper and gold prospects and mineral occurrences, according to the junior resource company. Two of those prospects are advanced-stage porphyry copper-gold, while another two porphyry targets are considered “highly prospective” by C3.

Canada Silver Cobalt Works Inc said it has entered into an option agreement dated August 15, 2021, to acquire the 610 hectares, known as the Tinney property from a group of highly renowned prospectors. The acquired property lies within the Abitibi Greenstone Belt in the prolific Kirkland Lake district and is located approximately 7 kilometres (km) south-west of the high-grade Macassa Gold Mine currently operated by Kirkland Lake Gold. In addition, the 610 hectares included in the acquisition are adjacent to the 200 hectares recently optioned on August 3, 2021, from geologist Doug Robinson and partners. This increases the total area of the land package four-fold to a grand total of 810 hectares. The company said the acquisition provides further expansion of its precious metals portfolio into the well-established Kirkland Lake Gold camp located on the prolific Larder Lake-Cadillac Break.

Arrow Exploration Corp. (TSX-V:AXL) has reported its second-quarter financials which showed the company had a positive working capital position of $3.1 million, and a cash position of $4.6 million as of June 30, 2021. The company's average corporate production in the second quarter of 2021 was 331 barrels of oil equivalent per day (boe/d), an increase of 89 barrels per day (bbls/d), or 37%, compared to Q1 2021 average corporate production of 242 bbls/d. The company exited Q2 2021 with corporate production of 535 boe/d. Arrow Exploration said the increase in production quarter-over-quarter was largely attributable to the re-start of production from its Oso Pardo field and its share of production from the Capella field, both in Colombia.

Australis Capital Inc, which is doing business as Audacious, has reported first-quarter 2022 revenue of C$1.7 million, a 2,652% year-over-year increase and a 266% improvement sequentially, driven by a full quarter of ALPS revenues and Green Therapeutics (GT)-related management fee income. The company also said its gross margin for the quarter climbed to C$1.1 million, or 62%, a 1,814% increase from the same period last year, led by strong consulting revenues from ALPS along with the management fee income related to GT. “Continuing the strong performance recorded in Q4 of fiscal 2021, AUSA has transformed itself into a rapidly growing MSO in the U.S. cannabis space. With revenues soaring by over 2,600% over last year, improving gross margin and adjusted EBITDA, we are showing the power of our execution on a unique strategy,” Australis Capital CEO Terry Booth said in a statement.

Agra Ventures Ltd has received the test results from the four successful batches that comprise the recent crop of cannabis grown and harvested at its Delta greenhouse complex. The company said it submitted five strain samples – Mimosa, Motor Breath, Purple Punch, Rogue Gelato, and Thrive – to an independent, Ontario-based laboratory to test each one for THC content, CBD content, and moisture level. Agra said it is in the process of determining which strains may be sold as dried bulk flower and for use in extracts -- these determinations are expected to be made in the near term and are also currently subject to ongoing negotiations with third parties.

Nova Royalty Corp announced that it has completed its acquisition of a 1% net smelter return (NSR) royalty on the Aranzazu mine, a copper-silver-gold operation in Mexico owned by Aura Minerals. The US$9 million deal was comprised of $8 million in cash and a further $1 million in Nova shares. To satisfy the transaction, Nova issued 388,093 consideration shares at $3.26 per share. Separately, Nova reported a cash balance of just over C$710,000 at the end of 2Q 2021 after the Aranzazu deal, according to its quarterly financial statements. Subsequent to the quarter to end June 2021, the group closed a C$13.7 million offering.

BioHarvest Sciences Inc. (CSE:BHSC, OTC:CNVCF) said it has closed the first tranche of its non-brokered private placement previously announced on August 4, 2021, for gross proceeds of C$3,080,415.60. Under the first tranche of the placement, the company issued 6,845,368 units at $0.45 per unit, garnering net proceeds of C$3,066,850.60 after payment of commissions and finder's fees totaling C$13,565. Each unit in the offering is comprised of one common share of the company and one-half of one share purchase warrant. Each whole warrant entitles the purchaser to purchase one additional common share at a price of C$0.55 per common share for a period of one year from the date of issuance. In a statement, Ilan Sobel, CEO of BioHarvest commented: "I am very pleased with how the financing has progressed. The company's strategy and growth plans have been well received by investors who have demonstrated their confidence in the company's leadership and capabilities by becoming shareholders."

Water Tower Research Inc. has issued an update on CleanSpark Inc (NASDAQ:CLSK)., noting that the company is a smaller player in an industry dominated by much larger, well-capitalized competitors. It said CleanSpark has proven its ability to compete effectively but will need to continue to expand its sales network and ensure its technology-agnostic software platform evolves with the industry. On the bitcoin side of the equation, an increase in mining difficulty rates would reduce the company’s bitcoin yield and associated revenue, and bitcoin price fluctuations would impact the profitability of the operation. To see the report, investors can use the following link: https://www.watertowerresearch.com/content/bitcoin-valuation-update-what-is-the-market-missing/

Plurilock Security Inc saw its revenue skyrocket after its acquisition of Aurora Systems Consulting Inc, according to its second-quarter financial results. The cybersecurity company reported revenue of C$8.6 million during the three-month period to end June 2021, compared to C$79,512 from the same year-ago quarter. Hardware sales – a new revenue stream added after the acquisition of Aurora during 2Q 2021 – contributed nearly C$7.6 million in revenue or 88.1% of total sales during the quarter.

First Cobalt (TSX-V:FCC, OTCQX:FTSSF) Corp. ended its second quarter with cash of $11.5 million and working capital of $14.7 million. In a statement, the company also said it remains on schedule to commission its expanded refinery in the 4Q of 2022, at which time it will become the only refiner of battery-grade cobalt sulfate in North America and the second-largest outside of China.

PlantX Life Inc has announced first-quarter 2022 gross revenue of C$4,089,705, an increase of $3,956,815 from the same period last year as demand for its plant-based products accelerated. The company also achieved a gross margin of 28% during the quarter, up from 23% in 4Q 2021.

Aurion Resources (TSX-V:AU) Ltd said diamond core drilling has restarted on its wholly-owned Risti and Launi properties in the Central Lapland Greenstone Belt in northern Finland. Exploration had been temporarily suspended at the sites while staff had a seasonal summer break. The now recommenced drill program is designed to test the continuity of the mineralized zones at the NW and Gap Zone targets.

Jack Nathan Medical Corp., a provider of primary care medical clinics located in WalmartSupercentres under the Jack Nathan Health (TSX-V:JNH, OTCQB:JNHMF) (JNH) brand in Canada and Mexico, has announced the acquisition of its second medical clinic in British Columbia, Canada. This marks the company’s seventh corporate-owned and operating medical clinic within the Walmart Canadian footprint. The newly acquired JNH medical clinic is located in the Walmart Supercentre in Courtenay, British Columbia and is within close proximity to its recently acquired medical clinic in Campbell River, as announced in June 2021. Through its growing network of medical practitioners, JNH will provide high-quality medical care to individuals and families and is open to walk-in patients during clinic hours.

The Valens Company (TSX:VLNS, OTCQX:VLNCF) Inc said it has broadened its existing agreement with a leading Canadian cannabis licensed producer (LP) to include custom manufacturing of cannabis products. The agreement, which is with one of the Top 5 Canadian LPs, includes pre-roll manufacturing and represents the largest contract for Valens in this category to date.

i-80 Gold Corp. has announced that assay results for the first hole drilled at its Granite Creek Property in Nevada confirmed the high-grade open-pit opportunity. In a statement, the company said hole iGM21-01, drilled from the bottom of the historic CX-Pit, intersected two zones of mineralization grading 3.17 grams per ton (g/t) Au over 7.5 meters (m) and 6.80 g/t Au over 51.1m. The hole was drilled for metallurgical purposes into the main structure below the pit (true widths unknown) and returned exceptional grades that appear to be oxide mineralization based on an average cyanide soluble to fire assay ratio of 0.94 over both intervals.

Empower Clinics Inc reported a massive jump in revenue during its second-quarter 2021 driven by its Kai Medical acquisition and its coronavirus (COVID-19) testing services. The healthcare company posted C$861,826 in 2Q revenue, a 1,005% increase from the C$85,775 it put up in the comparable year-ago quarter. Empower’s net loss also narrowed to C$412,209 or $0.00 per share over the $501,419 figure it saw in 2Q 2020.

American Battery Metals Corporation (OTCQB:ABML) has announced the appointment of its current chief technology officer (CTO) Ryan Melsert as its new CEO. The company - which is in the process of changing its name to American Battery Technology Company (ABTC) - said Melsert's appointment is part of a leadership transition to prioritize the company's technology development and commercialization efforts and to position the company for long-term growth. In a statement, Doug Cole, outgoing ABTC CEO commented: "Ryan and I have been working together closely over the past two years to set the direction of this company and to help evolve it to where it is today. Over the past few months, Ryan has increasingly taken over day-to-day leadership responsibilities including setting long-term company strategies, leading investor presentations, developing high-value strategic partnerships, and leading the recruiting and hiring of company executives. It is in the best interests of the company to formalize this leadership transition and to appoint him as company CEO, and I look forward to supporting this succession in every way needed going forward."

Aequus Pharmaceuticals Inc. (TSX-V:AQS, OTCQB:AQSZF) reported that it achieved its second-highest quarterly revenue to date. For its second quarter ended June 30, the company said it generated $651,516 in promotional services and product sales revenue, compared to $542,992 in the year-ago period. “It finally feels like we are back to normal levels of business activity,” said CEO Doug Janzen in a statement.

Recruiter.com Group, Inc. (NASDAQ:RCRT) said it has completed the acquisition of the Novo Group, Inc., a company that provides flexible talent acquisition to a wide array of customers, including life sciences, manufacturing, and consumer goods. In a statement, Evan Sohn, CEO of Recruiter.com commented: "We couldn't be more excited to bring the Novo Group to Recruiter.com, combining a trailblazing recruiting technology solutions platform with a leading-edge talent acquisition practice. Together, we'll define the future of recruiting, creating the on-demand and flexible experience that enables every employer to recruit talent and scale up and down with demand swiftly. The acquisition adds fuel to our rapidly growing on-demand recruiting segment, which already showed 88% sequential quarterly growth in the second quarter of 2021."

Thunderbird Entertainment Group Inc (TSX-V:TBRD, OTCQX:THBRF) said Bell Media has ordered new seasons of popular factual television programs Highway Thru Hell, Heavy Rescue: 401 and Mud Mountain Haulers, through Thunderbird’s unscripted division Great Pacific Media. The renewals were previously announced at the Bell Media Upfront, where each series is consistently among the most watched series on Discovery and its digital platforms, CTV.ca and the CTV app. Vancouver-based Thunderbird noted the three programs, “represent nearly a decade of ground-breaking, adrenaline-filled Great Pacific Media content to air on the network”.

PharmaDrug Inc. has announced that experienced pharma analyst and executive David Kideckel will be joining its board effective immediately. In a statement, Daniel Cohen, chairman and CEO of PharmaDrug, commented: "We are absolutely thrilled to add the expertise of a member of David's calibre to our Board of Directors. David's unique combination of experience in big pharma, biotech and investment banking ideally suits PharmaDrug as it increasingly shifts its focus to a biotech strategy. We look forward to David's guidance on all matters ranging from scientific to regulatory to capital markets." Kideckel joins PharmaDrug after nearly 20 years of combined industry and capital markets experience, most recently serving as Managing Director, Senior Institutional Equity Research Analyst at ATB Capital Markets. His industry experience spans several senior healthcare & biotechnology executive roles including at Johnson & Johnson (NYSE:JNJ) Inc. and Alexion Pharmaceuticals (NASDAQ:ALXN) (acquired by AstraZeneca).

Goldseek Resources Inc said it has received the maiden drill results from the 2021 program at the Bonanza property in Quebec. The precious metals explorer with properties in Quebec and Ontario used the data from the maiden drill to finalize its follow-up plans for the property. Paired with information from a soil survey conducted in 2020, the company is zeroing in on three targets. Target 2 and Target 3 have seen limited exploration and will be subject to a follow-up program, which will consist of a geological cartography survey and boulder prospecting to better determine the potential host of the previously defined soil anomalies.

Esports Entertainment Group, Inc. (NASDAQ:GMBL) has announced that its VIE.bet esports betting brand has become official partners of SG esports, a Brazilian professional gaming organization. The company said SG esports will don the VIE logo as their primary jersey sponsor throughout the partnership, which includes The International 10 in October, with a prize pool of $40 million. In a statement, Bux Syed, director of VIE.bet said: "We are excited to announce this partnership with SG Esports. The organization and their team has done a great job qualifying for The International this October. We're looking forward to working closely with SG Esports to further expand our growth in Brazil and the rest of Latam."

Else Nutrition Holdings Inc (OTCQX:BABYF, TSX-V:BABY) announced that it has received Good Housekeeping’s Parenting Award for 2021 for its Plant-Based Completed Nutrition for Toddlers product. Else Toddler Nutrition was selected in the fan-favorite category for Balanced Baby Nutrition. The selection is conducted by a panel of scientists, editors, and parents, evaluating hundreds of products impacting US families and children. In a statement, Hamutal Yitzhak, CEO & co-founder of Else Nutrition commented: “We’re honored to get this further validation for our clean label, whole-food-based nutrition for Toddlers. To be selected by this distinguished panel, and to receive this accolade from such a reputed source is a great honor and endorsement."

Argentina Lithium & Energy Corp (TSX-V:LIT, OTCQB:PNXLF). said it has engaged Miles Rideout as its new vice president of Exploration. Rideout has 34 years of experience in advanced exploration practice, responsible business management, scientific team building, and mining integration with local communities and indigenous peoples. In a statement, Nikolaos Cacos, president and CEO of the company said: "I am extremely pleased to have Miles take a leading role in our technical team. His experience in South American lithium exploration and track record of discoveries brings the right skillset required for Argentina Lithium to achieve success. I feel confident that Argentina Lithium now has a formidable team in place to take our Company to the next level. I look forward to working closely with Miles to significantly grow Argentina Lithium."

Cloud DX (TSX-V:CDX, OTCQB:CDXFF) Inc. said its chief medical officer, Dr Sonny Kohli has joined the IEEE SA Telehealth IC Working Groups, a new IEEE industrial connection program developing technical standards for novel telehealth technologies. As a global community, the IEEE SA Telehealth IC Working Groups will seek to create internationally applicable standards for telehealth and virtual care adoption. These standards will then be used by regulatory agencies like Health Canada and the US Food and Drug Administration to vet and approve the innovative new technologies to come. The chance to influence and inform the creation of global standards will allow Cloud DX (TSX-V:CDX, OTCQB:CDXFF) to have an even greater impact on the delivery of virtual care around the world, the company said.

Bam Resources Corp. said it has arranged a non-brokered private placement of up to $1.9 million. The company will issue up to 20 million units at a purchase price of 9.5 cents per unit. Bam said it will use the proceeds from the placement toward exploration on its Majuba Hill property and general working capital.

Nomad Royalty (TSX:NSR) Company Ltd. said it has secured commitments with The Bank of Nova Scotia, Canadian Imperial Bank of Commerce and The Royal Bank of Canada (TSX:B of C) to increase its revolving credit facility to US$125 million with the option to increase to US$150 million, subject to satisfaction of certain conditions. In a statement, Elif Lévesque, chief financial officer of Nomad, commented: "Scotia, CIBC and RBC continue to be strong financial partners to Nomad. The completion of the Increased Facility will provide us with additional financial flexibility as we grow our business through accretive opportunities." The increased facility will continue to be secured by all of the company's assets and will have a 4-year term, extendable through mutual agreement. Closing of the increased facility is expected in the third quarter of 2021 and is subject to completion of definitive documentation and satisfaction of conditions precedent customary for a financing of this nature. Nomad said it intends to use the increased facility for future royalty and stream acquisitions.

TNR Gold Corp (TSX-V:TNR, FRA:TNW, OTC:TRRXF). has announced that Greg Johnson, a former director of the company, has been appointed to its advisory board. Johnson has over twenty-five years of international mining industry experience in corporate finance, project development, and exploration. He is CEO of Metallic Minerals Corp. (TSX-V:MMG, OTCQB:MMNGF) and has acted as a director of several Canadian listed development stage resource companies with assets in North America, South America and Africa. Johnson's previous roles include President and CEO of South American Silver Corp (TSX:SAC)., CEO of Wellgreen Platinum (TSX:WG), co-founder and executive at NovaGold Resources and senior roles in domestic and international exploration for Placer Dome Inc. (now Barrick Gold) including a key role in the discovery and advancement of the 40-million-ounce Donlin gold deposit in Alaska. The company also said that all resolutions proposed at its annual general and special meeting of shareholders (AGM) held on August 27, 2021, were passed and all directors standing for election were re-elected. The directors elected for the ensuing year were Kirill Klip, John Davies, and Konstantin Klip.

Manganese X Energy Corp. (TSX-V:MN, OTCQB:MNXXF, FRA:9SC2) said it has completed the spin-out of Graphano Energy Ltd. under the previously announced plan of arrangement, The company distributed 15,559,049 common shares of Graphano to shareholders of record of Manganese X common shares as of August 24, 2021 , on the basis of one Graphano Share for every eight shares of Manganese X held. In connection with the completion of the arrangement, the company also announced that the escrow release conditions have been satisfied in respect of Graphano's previously completed offering of subscription receipts for gross proceeds of $4,097,283, and the escrowed proceeds have been released to Graphano. As previously disclosed on August 16, 2021, Graphano has been conditionally approved to list its common shares on the TSX Venture Exchange (TSXV) under the symbol GEL, subject to Graphano's fulfilling all of the requirements of the TSXV. Graphano expects to satisfy the requirements in the coming weeks. Upon the closing of the arrangement, Graphano and Manganese X will be operating as separate companies with separate management teams and boards of directors.

BMEX Gold Inc (TSX-V:BMEX). said t has amended its option agreements for its King Tut and Dunlop Bay properties. The remaining staged cash option payments of $300,000 under each agreement have been replaced with the issuance of 2,000,000 common shares for each agreement, for an aggregate issuance of 4,000,000 common shares. Upon the issuance of the shares, which is subject to the prior approval of the TSX Venture Exchange, the company will have earned a full 100% interest in each property. When issued, the shares will be subject to a four-month hold period. Robert Pryde, president of the Company, comments, "We are pleased to have consolidated our working interest on the King Tut and Dunlop Bay properties while retaining our working capital. We are currently working with our geoscience team at Laurentia to finalize our drilling program for the King Tut property with a view to commencing drilling operations in Q4 2021. With respect to Dunlop Bay we are initiating an extensive high-resolution airborne Drone Magnetics survey, evaluating and integrating historical data sets in order to initiate a drilling program in Q1, 2022." BMEX Gold also announced that it has granted 100,000 stock options to an officer of the company exercisable at $0.18 per share for a period of five years.

Binovi Technologies Corp. (TSX-V:VISN, OTCQB:BNVIF) has provided an update with respect to the August 16, 2021 announcement by Captiva Verde Wellness Corp. of its unsolicited offer to buy all of the shares of Binovi . By virtue of Captiva's news release of August 19, 2021, the company has determined that the proposed offer by Capitva had been terminated. Between the offer date and the Capitva news release of August 19,2021, the company had no significant communications or diligence exchange with Capitva or any party representing Capitva and is not aware of any material fact or circumstances with respect to or in connection with the Capitva proposal or the cancellation thereof.

C3 Metals Inc. (TSX-V:CCCM) said the TSX Venture Exchange has accepted for filing documentation pertaining to a binding proposal of contract modification dated July 13, 2021, between the company and an arm's-length party (the vendor), whereby the company has acquired residual 49% interest in several mining claims in Peru and, as a result, the company, through its wholly-owned subsidiary, will own 100% interest in the Jasperoide property. Under the terms of the agreement, the company has agreed to acquire the property in exchange for 25,001,540 common shares. Additionally, the vendor will retain a 2% net smelter royalty (NSR) on the property and the company has the right to 1% of it for US$1 million. The NSR replaced the previously granted 1.5% net smelter returns royalty that had no buyback provision.

Vicinity Motor Corp. (TSX-V:VMC, FRA:6LG) said it has entered into an equity distribution agreement dated August 27, 2021, with B. Riley Securities, Inc. on behalf of itself and co-sales agent Spartan Capital Securities, whereby the company may, at its discretion and from time to time, sell up to US$50 million of common shares using 'at-the-market' (ATM) distributions. The ATM Program is being made by way of a prospectus supplement dated August 27, 2021, covering the sale of up to US$50 million of common shares to the company's existing US registration statement dated August 17, 2021, and Canadian short form base shelf prospectus dated April 19, 2021. Sales under the ATM Program will be commenced at the company's discretion, and the net proceeds of any sales are expected to be used for general corporate purposes, including new product development and certifications, new product demonstration models, expansion of production capacity and general working capital. The company has no obligation to sell any common shares pursuant to the ATM program.

Logiq Inc. (NEO:LGIQ.AQN, OTCQX:LGIQ) has noted a filing that shows its president, Suen Brent acquired 24,000 shares in the company at $3.21 per share on August 25, 2021, taking his holding of Logiq common shares to a total of 320,270.

GoviEx Uranium (TSX-V:GXU, OTCQB:GVXXF) Inc. said that that, under its Share Purchase Option Plan, it has granted annual incentive stock options to certain directors, officers, employees and a consultant to purchase up to an aggregate of 8,950,000 Class A common shares in the capital stock of GoviEx. The stock options are exercisable at a price of $0.245 per share and will vest 25% on the date of grant and thereafter, 25% on each anniversary of the date of grant until fully vested. The options expire on August 27, 2026.

Unigold Inc. (TSX-V:UGD, OTCQX:UGDIF) said the TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on July 8, 2021, and July 30, 2021, which will see the issue of 25,192,350 common shares at a purchase price of 13 cents per share, together with 12,596,175 share purchase warrants with an exercise price of 30 cents per share for a two-year period with 24 placees.

Marble Financial Inc. (CSE:MRBL, OTC:MRBLF) has advised that all $1,303,000 in principal amount of convertible debentures issued on April 07, 2021, and expiring July 07, 2022, have been extended to December 31, 2022. Upon conversion, the term of the underlying warrants has also been extended from January 07, 2023, to June 30, 2023. The company said it has also granted 25,000 stock options under the company's stock option plan to an employee. These options are exercisable at $0.17 and have a term of five years.

Kwesst Micro Systems Inc. said that effective at the opening on August 31, 2021, the 3,536,057 warrants of the company will commence trading on the TSX Venture Exchange. The warrants were issued under the private placement of 3,536,057 units at a price of $1.25 per unit, which closed on April 29, 2021. Each whole warrant entitles the holder to purchase one share at a price of $1.75 per share and will expire at 5pm. Eastern Time on April 29, 2023.

Eric Sprott has announced that, on August 29, 2021, 25,000,000 common share purchase warrant of Amarillo Gold Corporation (TSX-V:AGC, OTCQB:AGCBF, FRA:72A) - held by 2176423 Ontario Ltd., a corporation he beneficially owns - expired unexercised representing a decrease in holdings of approximately 5.5% of the outstanding common shares on a partially diluted basis since the date of the last early warning report. Prior to the expiry of these Warrants, Sprott beneficially owned and controlled 68,300,000 shares and 25,000,000 warrants representing approximately 17.7% of the outstanding shares on a non-diluted basis and approximately 22.7% on a partially diluted basis assuming the exercise of such warrants. As a result of the warrant expiry, Sprott now beneficially owns and controls 68,300,000 shares representing approximately 17.7% of the issued and outstanding shares on a non-diluted basis. The warrants expiry resulted in a partially diluted ownership change of greater than 2% and, therefore, the filing of an update to the early warning report. The shares are held for investment purposes.

Vicinity Motor Corp. (TSX-V:VMC, FRA:6LG) has said it will present at the H.C. Wainwright 23rd Annual Global Investment Conference, taking place virtually September 13-15, 2021. The company said its chief executive officer William Trainer is scheduled to participate in one-on-one meetings with investors throughout the event and will host a recorded virtual presentation that will be available starting on September 13, 2021, at 700am Eastern Time via the following link: https://journey.ct.events/view/f5813550-191c-4dab-beaf-2bc42650e51e. A live audio webcast and archive of the event presentation will be available using the same webcast link.

Adyton Resources (TSX-V:ADY, OTCQB:ADYRF) Corporation announced that it has filed its financial statements for the three and six months ended March 31, 2021, and accompanying Management Discussion and Analysis on its SEDAR profile at www.sedar.com.

OTC Markets Group Inc. (OTCQX:OTCM) has announced that Investview Inc., a diversified financial technology company that operates throughout the world through its wholly-owned subsidiaries, has qualified to trade its Series B Preferred stock on the OTCQX Best Market and has today upgraded its Series B Preferred stock from the OTC Pink 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. Joseph Cammarata, Investview's CEO commented: "In December of 2019 we established a new direction for Investview Inc. We have reduced our debt, increased our revenues, expanded our products and services, reached profitability, increased our cash position, and refocused the charter of the Company to FinTech and the global advancements it can provide. Our Preferred Shares not only pay a healthy 13% annual dividend, but we were the first company to offer Preferred Shareholders that hold their stock the ability to receive their dividends in USD, or in the digital currencies Bitcoin (BTC) and ndau. Investview – forging the future of FinTech."

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