Todos Medical Ltd. (OTCQB:TOMDF) has announced that its CLIA/CAP certified lab Provista Diagnostics has successfully completed the validation studies required to put the Quidel (NASDAQ:QDEL) (NASDAQ:QDEL) Lyra Influenza A & B and the Lyra RSV & hMPV PCR kits into production. The company said kits will be produced alongside COVID PCR tests currently being run (Provista Respiratory Panel) and expects this new respiratory panel to be launched in September 2021. The validation coincides with the recent validations for the cPass semi-quantitative COVID neutralizing antibody test and the Kogene COVID variant detection kits also being launched in September 2021.
Victory Resources Corporation said that after extensive mapping, sampling and drilling on the Loner property in Nevada, the exploration team has staked eight additional claims and is re-evaluating the system, which it believes could be larger than previously understood. In early July, the precious metals explorer conducted a mapping project approximately 1 kilometer (km) to the north of the Loner drill-program in Pershing County. Samples of mineralized rock were shown to contain over 1000 parts per million (ppm silver), resulting in the staking of additional claims.
Altiplano Metals Inc said its permitting application has been approved by the Chilean mining authority SERNAGEOMIN, and the company can now advance the processing facility at its Farellon Copper-Gold mine located near La Serena. The company will now move ahead with final construction and assembly at the El Peñón mill site. Once complete the processing facility will have a capacity of 5,000 tonnes per month. According to the Altiplano, the plant will host crushing and grinding equipment and a full flotation plant. This equipment is currently on site in anticipation of the commencement of the construction phase.
BioHarvest Sciences Inc. (CSE:BHSC, OTC:CNVCF) said it has successfully scaled its Cannabis cells with trichomes production by a factor of 250 times and it is now growing cannabis in medium-scale bioreactors, paving the way for its next scale-up milestone, where it will reach industrial-scale production. The next milestone, combined with the drying and measurement standards being concurrently developed, would constitute the successful completion of the company's cannabis development program. In a statement, BioHarvest Sciences CEO, Ilan Sobel, said: "Our industry-leading plant cell biology team is on track to deliver on one of the most challenging plant biological missions of growing cells of Cannabis Trichomes in liquid media at an industrial scale. Completing this mission will pave the way to the commercialization of BioFarming based Cannabis and Hemp products, marking a major turning point for the mainstream adoption of Cannabis by the global food and health sectors. The ability to economically and sustainably produce consistent, clean and pure whole spectrum Cannabis is nothing short of a revolution for the industry."
Elys Game Technology Corp. revealed that it has been granted its first US-based sports wagering license and is set to launch its Elys Gameboard US platform at Grand Central Restaurant & Bar, in Washington, DC. The company noted that Grand Central LLC, an independently owned operator of the Grand Central Restaurant & Bar located in the Adams Morgan area of Washington, DC. has been granted by the District of Columbia’s Office of Lottery and Gaming (OLG) a Class B Operator license to operate a sportsbook within the Grand Central Restaurant & Bar, while Elys has also been issued a provisional Class B Standard Management Services Provider License in conjunction with management services to be provided to Grand Central. Elys will provide Grand Central with the turn-key retail betting solution on POS and kiosk hardware as well as managed services to operate the sportsbook, including back-office and business intelligence, odds and event offerings, risk management and trading services, while both Elys and Grand Central will collaborate on customer-engagement campaigns, marketing, and any co-branding ventures.
The Good Shroom (TSX-V:MUSH) Co Inc has announced that its wholly-owned subsidiary and licensed cannabis processor (operating as Seul CBD) has been approved for a general listing of its Velada brand cannabis products both online and in-store in Ontario. In a statement, the company said the accepted cannabis products will be offered from January 2022. Velada produces cannabis-infused instant coffees and teas in a variety of different flavors such as café olé, matcha latte, golden milk latte, and hot chocolate. Each flavor has two options, one containing CBD only and a second containing CBD and THC at a 2:1 ratio.
Royal Road Minerals Limited has released new results from its exploratory drilling program at the Caribe gold discovery in Nicaragua that revealed encouraging mineralization, according to the company. Highlights from six new holes released include 207.45 meters (m) at 1.1 grams per ton (g/t) gold, including 21m at 4.1 g/t gold. Other intercepts returned 31m at 1 g/t gold and 37.8m at 1 g/t gold.
Progressive Planet Solutions Inc said it will receive advisory services and funding of up to $100,000 from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP). The monies and services will be used to further support Progressive Planet’s ongoing research and development project, which aims to optimize PozGlass SCM. The British Columbia-based company is developing low carbon, pozzolan-based, cementing products, which are meant to replace equivalent amounts of Portland Cement and fly ash in concrete production. Portland Cement production is considered the second largest global generator of carbon dioxide emissions.
Deep-South Resources Inc (TSX-V:DSM, FRA:DSD) has updated on the status of its Haib Copper project, saying the High Court of Namibia had now passed a ruling that forbids the country's Ministry of Mines and Energy to grant a mineral licence, including an exclusive and prospecting licence (EPL), to anyone else. As reported in June this year, the firm's renewal of licence EPL 3140 covering the Haib asset was denied by the Ministry - a decision the company said it will contest. Now, in a statement on September 1, the company said the High Court had now made a decision that "interdicts and restrains the Ministry of Mines and Energy of Namibia to grant a mineral licence, including an Exclusive and Prospecting Licence (EPL), in terms of the Minerals Act 1992, to any Person or Company over the area covered by the Haib Copper project - EPL 3140.
Adastra Holdings (CSE:XTRX, FRA:D2EA) Ltd. - which has changed its name from Phyto Extractions Inc. as of September 1, 2021 - said its wholly-owned subsidiary Adastra Labs Inc. has received acceptance of its application for a Controlled Drugs and Substances Dealer's License by Health Canada. The company said Health Canada is now formally reviewing the application. Health Canada has advised that it commits to 270 calendar days from the date of receipt for processing these applications and expects to finish the review of Adastra's application by March 2022. In a statement, Donald Dinsmore, COO of Adasta commented: "Adastra Labs' laboratory is perfectly positioned to conduct groundbreaking research into psychedelic formulations and testing due to the existing GMP-compliant construction, security and our proven track record operating in the cannabis sector. With this infrastructure in place, securing a Controlled Drugs and Substances Dealer's License a logical next step for the Company. Putting quality first throughout, our processes will allow us to serve the emerging medical market for these substances."
KetamineOne Capital Limited (LSE:CAPD, FRA:C8D) has announced a new agreement that will see it deploy Cognetivity Neurosciences Ltd (CSE:CGN, OTCQB:CGNSF, FRA:1UB)’s Integrated Cognitive Assessment tool in Ketamine One (NEO:MEDI.AQN) clinics across North America. The two companies also agreed to collaborate on mental health assessments and plan on undergoing clinical trials at Ketamine One (NEO:MEDI.AQN) clinics, according to a release. Cognetivity’s tool is a cognitive testing platform that offers a five-minute, computerized assessment that is suited to long-term mental health monitoring because, unlike traditional pen-and-paper cognitive tests, it exhibits no learning effect upon repeat testing.
Marble Financial Inc reports that its second-quarter revenue jumped by triple-digits year-over-year. For the quarter ended June 30, 2021, the company said it generated revenue of $269,910 for a 206% increase compared to the year-ago period. The company said MyMarble subscription revenue was $78,265, a 77% year-over-year increase. That jump was bolstered by net new MyMarble members of about 2,920, as total membership reached 20,209 in the 2Q.
Contakt World (CSE:HELP) Technologies Corp. has announced that it will create a network of independent sales representatives to scale sales for the recently acquired HealthCheck app, vaccine passports, and future acquisitions or partnering products. The company said its processes for independent sales representatives are being designed for efficient onboarding, CRM to track leads and sales, recurring trainings, and lead generation to support the reps. Also, it added that independent sales representatives will be paid a commission of 10% on their collected sales from health screening, vaccine passports, and future products.
Naturally Splendid Enterprises Ltd, the health and wellness group, said it was shifting the focus to growing its NATERA plant-based food line as it reported second-quarter numbers. The company, which offers brands like Natera Sport, Natera Hemp Foods and various plant-based alternatives to meat, told investors that the three months to June 30 had been busy and seen it reduce its contract manufacturing business to focus on producing more of its own brands, which will mean greater margins.
The Valens Company (TSX:VLNS, OTCQX:VLNCF) Inc, a leading cannabis manufacturer has completed the acquisition of Verse Cannabis, a Canadian cannabis retailer. The deal will also see Valens take ownership of all of the Verse intellectual property. This latest deal comes on the heels of another acquisition. On August 31, 2021, the company announced it was purchasing Citizen Stash Cannabis Corp, a Canadian premium craft cannabis company, in an all-stock transaction valued at about C$54.3 million on an enterprise value basis. Valens plans to use both deals to solidify its position as a top-tier cannabis licensed producer in the Canadian industry by total provincial listings and market share.
Planet 13 Holdings Inc (CSE:PLTH, OTCQX:PLNHF). has entered into a definitive purchase agreement to acquire a cannabis license in Florida. The company said its newly acquired subsidiary, which will be renamed Planet 13 Florida Inc., will purchase the license to operate as a Medical Marijuana Treatment Center. The seller of the license, issued by the Florida Department of Health, is a subsidiary of Harvest Health & Recreation Inc. (CSE:HARV) As consideration for the license, Planet 13 said it will pay US$55 million in cash to the seller, with an initial deposit of US$2 million to be held in escrow by a third party agent upon execution of an escrow agreement as promptly as possible.
Fobi AI (TSX-V:FOBI, OTCQB:FOBIF) Inc announced a new deal to deploy its Wallet pass throughout the Canadian Hockey League’s venues. The Canadian Hockey League, or CHL, comprises 60 teams across the Western Hockey League, the Ontario Hockey League and the Quebec Major Junior Hockey League and is widely considered a development path for future National Hockey League players. Fobi said its Wallet pass solution will be used at the league’s venues to validate the credentials of CHL staff and athletes.
Else Nutrition Holdings Inc (OTCQX:BABYF, TSX-V:BABY).. has said it will be expanding into Roche Bros. locations this September with its Plant-Based Complete Nutrition for Toddlers. “Partnering with Roche Bros. is an exciting development for the Company,” said Hamutal Yitzhak, co-Founder and CEO of Else Nutrition. “We’ve been looking to further strengthen our Northeast presence, and Roche Bros. is a great fit for us with premium-seeking, health-conscious customers." Roche Bros. is a Massachusetts-based supermarket chain operating in 21 markets. Its stores are primarily located in the Metro Boston Area. Roche Bros flagship is a 25,000 square foot location at Boston's Downtown Crossing, and it also operates within Connecticut.
Viscount Mining Corp (TSX-V:VML, OTCQB:VLMGF) revealed it had started a third phase of drilling at its Silver Cliff property in Colorado following the receipt of the necessary approval from the US state. The aim is to increase resource at the Kate deposit (KSR) and an initial 13 holes are planned to the south, west, and northeast of the known resource. Meanwhile, a further two holes are planned for the Passiflora target. "The third phase of this year's exploration program is heavily weighted towards expanding the current mineral resource at the Kate," said Jacob Hooker, Viscount's exploration manager, in a statement.
Greenlane Holdings, Inc a leading seller of cannabis accessories said it has completed a previously announced merger with KushCo Holdings, Inc, an American provider of packaging, containers, and other ancillary products for the cannabis industry. The newly combined company brings together a total of 26 years of experience and two of the sectors pioneering cannabis ancillary product and service companies. The recently formed entity will operate under the Greenlane banner.
Phyto Extractions Inc. - which has changed its name to Adastra Holdings (CSE:XTRX, FRA:D2EA) Ltd. with effect from September 1, 2021 - said it has acquired, indirectly through its wholly-owned subsidiary Adastra Labs Inc. all of the issued and outstanding shares in the capital of 1225140 B.C. Ltd., doing business as PerceiveMD under the terms of a share purchase agreement dated August 10, 2021. In consideration for the acquisition of PerceiveMD, the company paid to the vendors, on a pro-rata basis, an aggregate purchase price of $2.3 million consisting of $10,000 by Adastra as a non-refundable deposit on the execution of the share purchase agreement; and $2.290 million by way of the issuance by Phyto, on behalf of Adastra, of 2,513,720 unrestricted common shares in the capital of Phyto. In a statement, Phyto Extractions COO, Donald Dinsmore commented: "The acquisition of PerceiveMD opens the door for Phyto and Adastra to break new ground as providers of cannabis and psychedelic therapies to Canadians and people around the world."
Soma Gold Corp, the Colombia-focused gold miner, recorded strong revenue growth in its second quarter and a narrowing loss as the firm told investors it expects to increase the amount of through-put by the end of the year. Revenue for the three months to June 30 came in at C$8.3 million, up from C$1.6 million in 2Q, 2020 after the sale of 3,802 ounces of gold-equivalent (2Q, 2020: 707 ounces). The net loss for the period was C$1.1 million versus a loss of C$2.4 million in the same quarter a year earlier.
Delta 9 Cannabis Inc. (TSX:DN) said it has closed a transaction with 1884356 Alberta Ltd. to acquire all or substantially all of the vendor’s assets relating to the operation of two retail cannabis stores in Edmonton, Alberta. The acquisition was completed through the company’s wholly-owned subsidiary, Delta 9 Cannabis Store Inc. under an asset purchase agreement between Delta 9 Cannabis Store Inc. and the vendor dated July 9, 2021. In a statement, John Arbuthnot, CEO of Delta 9 said: "We are pleased to have finalized a transaction to enter the Edmonton retail cannabis market with a strong two-store coordinated presence. These two new Edmonton locations represent an expansion of Delta 9’s already successful presence in Calgary and Grande Prairie. We are very excited to be able to serve the Edmonton retail market as our expansion throughout Alberta continues.”
GR Silver Mining (TSX-V:GRSL) has kicked off a 1,500-metre (m) underground diamond drill program in a bid to expand the NI 43-101 resource estimate at the San Marcial project in Mexico. This first phase of drilling will comprise six holes sunk from a platform at the end of the 280 m tunnel, from where it will be possible to test the San Marcial mineralized body at depth and along strike. As reported in June last year, the San Marcial resource was pegged at 36 million ounces (Moz) of silver-equivalent in the high confidence indicated resources and 11.9 Moz of inferred silver-equivalent.
Codebase Ventures Inc. said it has received confirmation of the completed delivery of all 115 Antminer S17+ 76Th bit mining units to their hosting facility in New York State. The company said its bit mining infrastructure is currently online and are generating revenue on an ongoing basis. In addition to the previously announced terms of acquiring the bit mining infrastructure, Codebase has the first right of refusal on an additional 5MW capacity, should the company choose to expand its bit mining operations. The company amended its previous supply agreement to expedite delivery of bit mining infrastructure in the face of global microchip shortages. In a statement, Jake Chernoff, Codebase strategic advisor. said: "As previously announced, under mounting pressure resulting from microchip shortages across the industry, Codebase took steps to put new supply in place and online, avoiding extreme delays."
Trillion Energy International Inc. (CSE:TCF, OTCQB:TCFF) has announced a plan of redomicile to change its company's location of incorporation from Delaware, USA, to British Columbia (BC), Canada, subject to stockholder approval. The company said the redomicile is intended to better align Trillion's corporate structure with its current and future business activities and financing plans. Trillion has a substantial international business presence with all of its operations and management being outside of the United States, and with operations focused in Europe and its directors are located outside of the United States. Trillion's headquarters will be moved to Vancouver, British Columbia and its operational headquarters will remain in Turkey. The company plans to conduct corporate activities from both locations. Trillion said it does not anticipate any impacts for employees or day-to-day operations, because of the redomicile.
PlantX Life Inc. (CSE:VEGA, FRA:WNT1) has announced the launch of its redesigned Canadian website www.plantx.ca, powered by Shopify (TSX:SH., NYSE:SHOP). The new website offers a refreshed and modern design, simplified navigation and upgraded search tools and functionality to improve overall user experience and brand impact. PlantX Life said its redesigned Canadian website was developed to better represent the company's brand strategy, promote community engagement, improve customer satisfaction and increase business reach. To help maximize the impact of its new platform, PlantX has engaged UI/UX specialists to augment its website's performance through increased navigational speed and optimized conversion rates. The company aims to launch a redesigned United States website on the Shopify (TSX:SH., NYSE:SHOP) platform later this year. PlantX chief executive officer, Lorne Rapkin commented: "Our investments in the PlantX e-commerce websites will help increase our business effectiveness. This can allow PlantX to primarily focus its efforts on curating the best plant-based products and educational resources for its customers."
Western Magnesium Corporation has announced an amendment to the close of its previously announced non-brokered private placement. The company issued 3,827,601 units at a price of US$0.44/C$0.55 per unit for gross proceeds of US$1,684,144/C$2,105,180, representing an oversubscription of 63,396 units for proceeds of US$27,894/C$34,867 from the originally announced offering. The amended totals reflect a decrease of 26,136 units for less proceeds of U $11,500 /C$14,375.
Biocept Inc (NASDAQ:BIOC). announced that it has granted inducement stock options to purchase an aggregate of 220,800 shares of its common stock to 16 new employees. These inducement stock options have a grant date of August 31, 2021. The inducement stock options have an exercise price of $3.62 per share, the closing price of Biocept’s common stock on August 31, 2021, are non-qualified stock options, have a ten-year term and vest over four years, with 25% of the shares vesting on the one-year anniversary of the vesting commencement date and the remaining 75% of the shares vesting in equal monthly installments over the following 36 months, subject to the new employee’s continued service with Biocept through the applicable vesting dates. The inducement stock options are subject to the terms and conditions of Biocept’s Amended and Restated 2013 Equity Incentive Plan.
Progressive Planet Solutions Inc said the TSX Venture Exchange has accepted for filing a subscription agreement dated August 4, 2021, between it and ZS2 Technologies Ltd., whereby the company will invest $300,000 in units of ZS2 under a private placement at a price of $1 per unit, with each unit comprising one share and one warrant of ZS2 at an exercise price of $2 per share for a period of 18 months. The investment will represent a 2.27% interest in ZS2. There is a common director between the company and ZS2.
C3 Metals Inc said the TSX Venture Exchange has accepted for filing documentation pertaining to a royalty purchase and assignment agreement dated June 22, 2021, between the company and an arm's-length party, whereby the company has acquired a 1.5% net smelter royalty (the NSR) on the Main Ridge and Hungry Gully properties located in Jamaica. Under the terms of the agreement, the company has agreed to acquire the NSR for US$75,000 cash payment and issuance of 190,062 common shares at a deemed price of 16.2 US cents. Additionally, the vendor will retain a 0.5% net smelter royalty on the property and the company has the right of first refusal to purchase it.
Adcore Inc (TSX:ADCO), a leading e-commerce advertising management and automation platform to leverage digital marketing in an effortless and accessible way, said it will be featured on the program "Money Talks With Michael Campbell" on Saturday, September 11, 2021 at 11:30am ET. The Money Talks segment will focus on the significant opportunity for investors in the Education Technology sector (EdTech), with a spotlight on Adcore's latest innovation: Amphy, the world's most diverse 24/7 live online learning marketplace. Adcore also announced that effective August 31, 2021, it has discontinued its investor relations services agreement with Virtus Advisory Group. The Money Talk segment can be viewed here: https://us02web.zoom.us/webinar/register/WN_HfiUHWMvQoyLEC5KjyjNdA
OTC Markets Group Inc. (OTCQX:OTCM), the operator of financial markets for 11,000 US and global securities, has announced that Galantas Gold Corp (AIM:GAL, TSX-V:GAL, OTC:GALKF, FRA:G2V2)., the owner and recent operator of a gold mine near Omagh, County Tyrone, Northern Ireland, 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.