CytoDyn Inc, said Nader Pourhassan, Ph.D, President and Chief Executive Officer and Scott Kelly, M.D, Chairman, Chief Medical Officer and Head of Business Development of CytoDyn will provide a comprehensive business update at the upcoming Emerging Growth Conference on Wednesday, September 29, 2021. The late-stage biotechnology company developing leronlimab, a CCR5 antagonist with the potential for multiple therapeutic indications is slated to present for 20 minutes at 2:00pm ET, with an additional 40 minutes allotted for live questions and answers following. To access this event, use this link.
Logiq Inc, a provider of e-commerce and fintech business enablement solutions, has forecasted “robust development” driven by strategic mergers and acquisitions (M&A) that may speed up development in its DataLogiq enterprise, and the spinoff of its rising markets enterprise model. Over the last 12 months, the company has acquired and subsequently built-in three main e-commerce platforms into its DataLogiq business, which provides a data-driven, end-to-end e-commerce marketing solution. Through the key acquisitions, DataLogiq has turned into an e-commerce trade powerhouse in data-driven client intelligence and automatic advertising expertise, said the company. Logiq CEO Tom Furukawa said the markets have 'undervalued AppLogiq’s proprietary IP and its turnaround' and Logiq would evaluate 'strategic options,' including a spinoff to create shareholder value.
PyroGenesis Canada Inc. (TSX:PYR, FRA:8PY)has announced the signing of joint venture (JV) and license agreements with a leading residue processor to transform dross residues into high-value chemical products, which the company says complements its existing portfolio of green solutions targeting the aluminum industry. PyroGenesis said the 50:50 JV will be geared towards building, installing and operating dross residue valorization facilities worldwide, which will be applied initially to projects in North America and the Gulf Cooperation Council nations.
Vicinity Motor Corp has announced non-brokered financing of unsecured debenture units to raise C$10 million. The company said it will use the proceeds for general working capital and to fund contract requirements for recently received Vicinity bus orders. Under the scheme, each unit will be sold at an offering price of $985 apiece and will consist of one 8% unsecured convertible debenture of the company in the principal amount of $1,000.
TNR Gold Corp (TSX-V:TNR, FRA:TNW, OTC:TRRXF), the green energy metals royalty and gold company, welcomed news that Ganfeng Lithium has consolidated 100% ownership of the Mariana Lithium project in Argentina, and is advanced it to the construction stage. In 2009, TNR founded International Lithium (TSX-V:ILC) Corp (ILC), which owns the Mariana Lithium project in Salta Province, Argentina, and TNR retains a 1.8% net smelter returns (NSR) royalty on the asset. Ganfeng Lithium has now purchased ILC's remaining 8.58% stake in the subsidiary, which owns the project. ILC has also sold its other rights in the project, including the right to acquire a further 10%.
Empower Clinics Inc, an integrated healthcare company, said it has signed a memorandum of understanding with data security firm SoLVBL Solutions Inc to develop a cyber security program to detect cyber attacks. SoLVBL, which has developed advanced capabilities for providing customers the power to protect and verify incoming data against a range of cyber threats, will also provide data security for Empower’s diagnostic testing programs. In 2020 there were a reported 599 cyber attacks involving patient records in the US, a 55% increase from the year before.
Pacific Empire Minerals Corp (PEMC) said it has agreed to sell its 50% interest in the Stars copper porphyry project in British Columbia to Aurwest Resources Corporation. PEMC will receive C$350,000 in cash and retain a 2% net smelter return royalty (NSR) on all minerals produced from the 2,136 hectare Stars project, which is contiguous to Aurwest's Stellar property. “This allows PEMC to retain a significant interest in the Stars property while we focus on our flagship Jean Marie Property,” Pacific Empire Minerals CEO Brad Peters said in a statement.
CleanSpark Inc (NASDAQ:CLSK). and Foundry Digital LLC, a wholly-owned subsidiary of Digital Currency Group Inc. (DCG), have jointly announced that CleanSpark has transitioned all of its bitcoin mining power to Foundry USA Pool. CleanSpark has now added computing power of more than 1 exahash (EH/s), generated by over 10,000 latest-generation bitcoin mining machines, to the Foundry USA Pool. In a statement, the Utah-based company added that it plans to continue to deploy machines to reach its goal of 2 EH/s by the end of 2021 and 3.2 EH/s by fall 2022.
Talon Metals Corp. (TSX:TLO) said it has completed the next phase of its agreement with Rio Tinto to become the majority owner and operator of the high-grade Tamarack Nickel-Copper-Cobalt project in central Minnesota. Talon is in a joint venture with Rio Tinto on the high-grade Tamarack Nickel-Copper-Cobalt project in Minnesota, comprised of the Tamarack North project and the Tamarack South project. Talon has an earn-in to acquire up to 60% of the Tamarack Nickel Project in the US. In line with a November 2018 agreement between a subsidiary of Talon and a subsidiary of Rio Tinto, Talon said it has now completed a stock-based transaction to earn a 51% interest in the Tamarack Nickel project.
AIM ImmunoTech Inc (NYSE:AIM) said it has submitted a provisional patent application for Ampligen as a potential early-onset intranasal therapy. This therapeutic use is designed to enhance and expand infection-induced immunity, epitope spreading, cross-reactivity and cross-protection in patients exposed to a wide range of RNA respiratory viruses, such as influenza, Rhinoviruses and SARS-CoV-2, which causes the coronavirus (COVID-19). According to AIM, the new filing concerns the early-stage administration of Ampligen following active viral replication after a respiratory virus has entered a person’s nasal passages.
Endexx Corporation and Grammy-award winning artist DJ Khaled are bringing their BLESSWELL CBD-infused skincare line to a grooming event in Chicago. The “immersive, ultra-luxe” self-care experience, GROOMED x BLESSWELL, will take place at the Kimpton Gray Hotel in downtown Chicago from September 29 to October 23.
Fobi AI (TSX-V:FOBI, OTCQB:FOBIF) Inc is acquiring online coupon and advertising platform Qples Inc in a US$3.2 million deal. The deal gives the Vancouver-based artificial intelligence company control over a connected retail commerce solution that has relationships to some major consumer packaged goods brands, according to Fobi. Qples’ technology will be integrated into Fobi’s connected retail commerce solutions and Fobi Data Exchange.
Else Nutrition Holdings Inc (OTCQX:BABYF, TSX-V:BABY). said it has developed a wide range of Canada-compliant products which it is set to launch in the first quarter of 2022. The product range will include baby cereals for 6-plus months, a toddler nutrition product, and a line of Children’s complete nutrition products. The Canada-compliant offerings are slated to launch online on Else’s e-store, as well as other Canadian online retailers and brick and mortar chains. In a statement, Hamutal Yitzhak, CEO & co-founder of Else Nutrition said: “This is a major milestone for the Company. We are responding to the tremendous demand for Else products by Canadians since the beginning, and we’ve seen rapid double-digit monthly growth in Canada on the online iHerb platform."
Trust Stamp (OTCQX:IDAID, EURONEXT:AIID) Inc., a provider of AI-powered trust and identity services, revealed that it has struck a fixed price purchase order totaling $3,920,764 from the US Immigration and Customs Enforcement (ICE) federal agency, which is under the US Department of Homeland Security (DHS). Atlanta, Georgia-based Trust Stamp (OTCQX:IDAID, EURONEXT:AIID) will be responsible for providing mobile biometric services to ICE centered around its privacy-preserving data tokenization technology. The company said that with an outlined contract delivery period of the earlier of six months from the commencement date of September 27, 2021, or service delivery to 10,000 participants - and subject to a right of early termination for cause by ICE - it anticipates substantially fulfilling the performance obligations in the agreement in the 2021 financial year.
African Gold Group Inc. reported that it has lifted the proven and probable reserves at its flagship Kobada gold development project in Mali by nearly half a million ounces to around 1.25 million ounces of gold. The new reserve estimate upgrades the previous report from June 2020, and increases the life of mine, and includes deeper sulphide material within new pit shells, opening up the potential to mine below the shallower oxides as the asset develops. It will also form the basis for an updated feasibility study, expected to be delivered before mid-October, 2021. "We are delighted to announce these results from our upcoming 2021 DFS at the Kobada Gold Project in Mali," African Gold CEO Danny Callow in a statement.
Todos Medical Ltd. (OTCQB:TOMDF) said it has received approval from Amazon’s e-commerce platform to sell Tollovid and Tollovid Daily, the company’s 3CL protease (MPro) inhibiting dietary supplements to support healthy immune function. In response to the increasing demand for immune support products, Todos launched Tollovid and Tollovid Daily initially via its www.mytollovid.com website. The company now will reach a much bigger consumer base via Amazon.com, the largest e-retailer in the US with $385 billion in annual sales in 2020.
PowerTap Hydrogen Capital Corp. (NEO:MOVE.AQN, OTC:MOTNF, FRA:2K6) provided an update on the development of its Gen3 modular hydrogen production and dispensing unit, noting that with the completion of the engineering design of the PowerTap Gen3 Unit, it has started “the next phase” to prepare for the manufacturing of a prototype. As previously reported, the group’s wholly-owned subsidiary, PowerTap Hydrogen Fueling Corp. has completed the engineering design. The company revealed that it has spent nearly US$2.8 million to complete the blueprint design for the PowerTap Gen3 Unit. The Vancouver, British Columbia-based company is currently in discussions with third-party manufacturers to build a prototype based on the blueprint design. Due to the intricate customization required to manufacture a prototype that will achieve the functionality of the designed PowerTap Gen3 Unit, the company said it is “evaluating various options” before committing to a manufacturing agreement.
MedX Health Corp. (TSX-V:MDX) and Vitamed Biomedical s.r.l. have announced a memorandum of understanding (MOU) to pilot MedX’s leading-edge DermSecure Screening Platform at select pharmacies and general practitioner (GP) clinics in Italy. In a statement, MedX said the pilot program is expected to be in-market for 60 days from October to November 2021. Pending its successful completion, the MedX DermSecure Screening Platform will become more widely available at pharmacies, GP clinics, and insurance companies across Italy, as the next step in the commercialization strategy in this market. MedX said it will continue to build on this momentum with additional pilots anticipated later in 2021.
GoviEx Uranium (TSX-V:GXU, OTCQB:GVXXF) Inc, an Africa-focused uranium explorer, said it has completed an initial infill drilling campaign at the Dibwe East deposit in its wholly-owned and permitted Mutanga uranium project in Zambia. Mutanga comprises three mining permits that cover some 720km2 and contains five deposits: Dibwe, Dibwe East, Mutanga, Gwabe, and Njame. The project is described as a continuous mineralization from hole to hole and section to section and shows a very close correlation to the current inferred resource interpreted ore boundaries. The average reported grades, after taking into account disequilibrium, is 330 parts per million (ppm) eU3O8.
BetterLife Pharma Inc (CSE:BETR, OTCQB:BETRF) told investors it had applied for a patent for new compositions of 2-bromo-LSD to use as a treatment for cluster headaches and other neurological conditions. One of these compositions is TD-0148A, which BetterLife is advancing. It is the only non-hallucinogenic and non-controlled LSD derivative in development and is unregulated and therefore can be self-administered. BetterLife is already in advanced stages of GMP manufacturing TD-0148A and has begun the necessary preclinical IND-enabling studies for the drug candidate.
Aurania Resources Ltd (TSX-V:ARU, OTCQB:AUIAF) has reported that the third hole drilled on the 22 kilometer (km)-long Tiria-Shimpia silver-zinc target at the company's Lost Cities-Cutucu project area in Ecuador has intersected the extension of the mineralized layer that was seen at surface. Aurania said hole SH-003 intersected five meters (m) at a grade of 10.5 grams per tonne (g/t) silver and 2.5% zinc within a 31.5m thick halo of mineralization in layered sedimentary rock.
Gevo Inc (NASDAQ:GEVO). has received a patent from the US Patent and Trademark Office for a process that encompasses upgrading ethanol and bio-based alcohols into drop-in, bio-based diesel and jet fuel products. In a statement, the company said the patented process establishes a new technology and route to hydrocarbons that did not previously exist - creating an opportunity for Gevo to diversify ethanol production to help meet increasing demand for renewable diesel and jet fuel. Gevo said the patent falls in line with its business model to develop, apply, and scale technology that can be used to produce drop-in hydrocarbon fuels. These fuels, when coupled with its integrated-systems approach that includes regenerative agriculture and non-fossil-based renewable energy, could produce net-zero greenhouse gas (GHG) emissions over the lifecycle of the product.
New Oroperu Resources Inc (TSX-V:ORO) announced that its wholly-owned Peruvian subsidiary, Aurifera Tres Cruces SA (ATC) has entered into an agreement with Minera Boroo Misquichilca SA (MBM) to acquire the surface land rights on the Tres Cruces property in Peru. The Tres Cruces gold project currently hosts a mineral resource estimate of 2.47 million ounces of gold at 1.65 grams per ton (g/t) in the indicated category, which includes 630,000 ounces of leachable gold resources. In December 2006, ATC and MBM entered into a mining assignment agreement for the purpose of MBM's operations on the Tres Cruces property, which ended on September 10, 2021.
Co-Diagnostics (NASDAQ:CODX), Inc. has said it will be introducing its upcoming at-home and point-of-care PCR device at a press conference at the 2021 AACC Annual Scientific Meeting & Clinical Lab Expo being held September 26-30, 20321, in Atlanta, Georgia. The press conference is scheduled to take place at 1,00pm ET on Tuesday, September 28, 2021, in room C105 of the Georgia World Congress Center (GWCC), and is expected to provide details on the development of the new PCR Platform and other company updates. Co-Diagnostics (NASDAQ:CODX) will also be hosting a booth to promote its existing suite of diagnostics products and technology applications - booth #2454, located in Hall C2 of the GWCC.
PyroGenesis Canada Inc. (TSX:PYR, FRA:8PY) announced that the United States Patent and Trademark Office has issued a Notice of Allowance for US Patent No. 11116069, entitled 'High power DC non transferred steam plasma torch system'. This new patent covers the company’s high-power DC steam plasma torch system, and relates to a steam plasma torch assembly wherein superheated steam is used as the main plasma forming gas, thereby resulting in a highly reactive steam plasma plume. The system is then used to destroy ozone-depleting substances. In a separate statement, PyroGenesis Canada also announced the appointment of Andre Mainella, as its chief financial officer (CFO), replacing Ben Simo, who no longer works for the company.
Klondike Gold Corp has unveiled more encouraging drill results from the Lone Star Zone at its 586 square kilometers (sq km) Klondike District project in Yukon as it works towards a maiden resource. Today's results come from this year's Phase 2a diamond drilling at the Lone Star Zone, in which 12 holes for 1,222 metres (m) were sunk in July. The work has shown that mineralization continues at least 250 meters eastward beyond the currently defined Lone Star Zone gold mineralization model shell and also continues downslope.
LeanLife Health (CSE:LLP) Inc. has announced the appointment of Anis Barakat as its chief executive officer (CEO) replacing Stan Lis. The company said Lis will remain on its board and has been appointed as LeanLife's new executive chairman. In a statement, Stan Lis commented: "We are excited to welcome Anis as our new CEO. Anis has a proven track record of bringing new consumer-facing products from concept to launch. His depth of experience in the food and beverage industry will be instrumental in expanding our international presence and will immediately benefit LeanLife and our customers by furthering our efforts in introducing industry-leading energy drinks of the highest quality within North America." LeanLife noted that Barakat brings a wealth of expertise to this role, having served in several senior leadership roles over the past seven years within the food and beverage industry. He is the founder and former president of Revive Superfoods Inc., the first multi-national frozen superfood subscription company selling ready-to-eat/blend meals (smoothies, oats, soups and lunch/dinner bowls) direct-to-consumer, with operations in Canada and the United States.
American Battery Metals Corporation (OTCQB:ABML) has announced an agreement with a US-based institutional asset manager to raise about $39.1 million in an oversubscribed equity financing, which was completed at a 5.8% premium to the company’s five-day volume-weighted average share price. American Battery Metals said the financing is expected to fully fund the company through the construction and commissioning of its Nevada-based, 20,000 metric tonne per year battery recycling plant.
Bam Resources Corp. has announced that the US Bureau of Land Management has acknowledged 'Receipt of Notice' to amend one drill site location on the existing Lode Claims at the Majuba Hill Copper Porphyry Project in Pershing County, Nevada. Most of the work will be conducted on private land owned and controlled by Bam. Dave Greenway, Bam president and CEO, commented: "This development brings us yet another step closer to the resumption of drilling of this highly prospective project and I am really looking forward to getting the drills turning."
Australis Capital Inc., operating as AUDACIOUS, said it has retained DelMorgan & Co., an internationally recognized investment banking firm, to assist AUDACIOUS with its $15 million capital raise. In a statement, Terry Booth, Australis CEO, stated: "DelMorgan is a highly regarded name with broad access to institutional investors active in the cannabis industry, our target audience for this raise. The funds will largely go to initiatives that we believe will enable us further to accelerate growth. We have a number of potential transactions and partnerships on our radar screen. These funds will help to capitalize on these opportunities and take AUSA to the next level. We look forward to working with the DelMorgan team on this fund raise and potentially other initiatives."
ElectraMeccanica (NASDAQ:SOLO) Vehicles Corp. said it has engaged investor relations specialists MZ Group (MZ) to manage a comprehensive, strategic investor relations and financial communications program across all key markets. MZ Group will work closely with ElectraMeccanica (NASDAQ:SOLO) management to implement a comprehensive capital markets strategy focused on increasing the company’s visibility in the investment community. The new campaign will highlight ElectraMeccanica (NASDAQ:SOLO)’s transition to a commercial production enterprise with the upcoming sales deliveries and ramp of its flagship single-occupant SOLO electric vehicle (EV). “Now that initial customer deliveries are underway, we are turning our focus from development to scaling production, as well as sales and marketing efforts through our network of retail locations and various digital and media campaigns,” said Kevin Pavlov, chief executive officer of ElectraMeccanica (NASDAQ:SOLO). “With the introduction of the aforementioned SOLO Cargo EV, we have seen significantly elevated interest in using our vehicles for fast food, grocery and small parcel delivery applications. This is an incredibly exciting time in our Company’s history and we look forward to working closely with the MZ team to enhance our visibility within the capital markets.”
Falcon Gold Corp (TSX-V:FG, OTC:FGLDF). said it has arranged a non-brokered private placement to raise a total of $500,000 by issuing 3,846,154 flow-through (FT) units. Each unit priced at $0.13 per unit will consists of one flow-through common share and one-half of one common share purchase warrant; each whole warrant entitling the holder to subscribe for and purchase one non-flow-through common share at a price of $0.25 for a period of 24 months following the acceptance date. The shares and warrants are subject to a four-month hold, as per TSX Venture Exchange policy. The aggregate gross proceeds from the sale of the FT Offering will be used for exploration and development of the Company's British Columbia, Ontario and Newfoundland projects.
Codebase Ventures Inc. said it has completed a first closing of a non-brokered private placement of up to $2,000,000. The company accepted subscriptions for 6,075,000 units at a price of $0.105 per unit, for gross proceeds of $637,875. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at $0.15 for a period of two years from the date of closing, subject to the option of the company to accelerate the expiry date in the event that its shares trade at $0.40 or more for 10 consecutive days. Securities issued under this tranche are subject to trading restrictions until January 25, 2022. The second tranche closing will take place on or before October 4th, 2021. Proceeds will be used for working capital and to fund future investments.
Kwesst Micro Systems Inc. said the TSX Venture Exchange has accepted for filing documentation with respect to its non-brokered private placement announced September 16, 2021, which will see the issue of 750,000 shares at a purchase price of $2 per share together with 750,000 share purchase warrants with an exercise price:$2.35 for a two-year period, subject to an accelerated expiry, with two placees.
KetamineOne Capital Limited (LSE:CAPD, FRA:C8D) said it has retained Integral Wealth Securities Limited to provide market-making services for the company. Established in 2003, Integral Wealth is headquartered in Toronto with offices in Vancouver, Calgary, and Ottawa. The market-maker has been retained with the objective of maintaining a reasonable market and improving the liquidity of Ketamine One (NEO:MEDI.AQN)’s shares. Under the agreement, the company has agreed to initially pay Integral a fixed cash fee of $6,000 plus applicable taxes, per month. The initial term of the Integral Agreement will last three months unless terminated earlier by 30 days’ prior written notice. Integral’s Services will also involve correcting temporary imbalances in the supply and demand of the company's shares.
Mydecine Innovations Group Inc (OTC:MYCOF, FRA:0NFA, NEO:MYCO). has said its previously announced spin-out transaction, to be implemented through a statutory plan of arrangement between Mydecine and ALT House Cannabis Inc. received the requisite shareholder approval at Mydecine’s annual general and special meeting of shareholders held on September 20, 2021. Mydecine shareholders voted 99.939% in favour of approving the arrangement at the meeting, and the company received final approval of the Supreme Court of British Columbia on September 24, 2021. Completion of the arrangement and the spin-out transaction remains subject to certain conditions, including final acceptance by the Aequitas Neo Exchange. If the approval of the Aequitas Neo Exchange is received and all other conditions precedent to the Arrangement are satisfied or waived, Mydecine expects to complete the Arrangement on or about October 1, 2021. Also at the meeting, six of the seven director nominees listed in Mydecine's management information circular dated August 23, 2021, were elected as directors, with Andre Peschong no longer acting as a director of the company. Directors have been elected to serve until the close of the next annual meeting of shareholders. In addition, Mydecine shareholders approved the appointment of MNP LLP as the auditor of Mydecine for the ensuing year, the adoption of the New Mydecine Equity Incentive Plan, and the adoption of the Spinco Stock Option Plan.
Harvest One Cannabis Inc. (TSX-V:HVT, OTCQB:HRVOF) said that further to the appointment of Jonathan Carroll to provide strategic advisory and consulting services to the company it has issued 300,000 warrants to the consultant under the terms of the consulting agreement. Based on the terms of the consulting agreement, the exercise price of each warrant is $0.089. Each warrant will entitle the consultant to one common share of the company and will expire 24 months from the date of issuance. The warrants and the common shares issuable on exercise of the warrants are subject to a hold period until January 25, 2022, in accordance with applicable securities laws.
Silvercorp Metals Inc (TSX:SVM, AMEX:SVM). has reported that all matters submitted to shareholders for approval as set out in the company's Notice of Meeting and Information Circular dated August 13, 2021, were approved by the requisite majority of votes cast at its annual general meeting (AGM) held on Friday, September 24, 2021. A total of 98,998,647 common shares, representing 56.20% of the votes attached to all outstanding shares as at the record date for the meeting, were represented at the AGM. Shareholders approved the re-appointment of Deloitte LLP as auditors of the company for the ensuing year.
Nabis Holdings Inc. (CSE:NAB) has announced that it is postponing the meeting of registered holders of its $23,000,000 principal amount of 5.3% promissory notes due January 25, 2023, previously scheduled for September 27, 2021, to such other date to be determined and announced by the company. The postponement is permitted by the interim order concerning the holding of the Noteholders’ Meeting granted by the Supreme Court of British Columbia as previously announced on September 15, 2021. The record date for determining the Noteholders eligible to vote at the Noteholders’ Meeting remains August 24, 2021. Noteholders who have already submitted a proxy may not need to vote again for the purpose of the postponed Noteholders’ Meeting. The company said it will provide any additional information as may be required in advance of a newly scheduled Noteholders’ Meeting.
Northstar Gold Corp. (CSE:NSG) said it has been approved to list the company's common shares on the OTCQB Venture Marketplace and will begin trading on the OTCQB under the symbol NSGCF on September 7, 2021. Northstar will continue to trade on the Canadian Stock Exchange (CSE) under the symbol NSG. "We are pleased to commence trading on the OTCQB Venture Market as it is an important avenue to provide additional liquidity and increase Northstar's visibility within the US capital markets," said Brian P. Fowler, President, CEO and director of Northstar. The OTCQB, operated by the OTC Markets Group Inc. (OTCQX:OTCM)in New York, is the premiere marketplace for early-stage and developing US and international companies.
Deepspatial Inc. has announced that its common shares are now trading on the OTCQB Venture Market (OTCQB), a US trading platform that is operated by the OTC Markets Group Inc. (OTCQX:OTCM) in New York, under the symbol DSAIF. The company’s common shares will continue to trade on the Canadian Securities Exchange (CSE) under the symbol DSAI. "Listing on the OTCQB Venture Market is part of our long-term strategy to bring greater awareness to Deepspatial’s AI-driven solutions, enhance liquidity of our stock, broaden our shareholder base and further increase our visibility to the investor community," said Dr Rahul Kushwah, chief executive officer of Deepspatial.
OTC Markets Group Inc. (OTCQX:OTCM), the operator of financial markets for 11,000 US and global securities, has announced that CIB Marine Bancshares, Inc., a bank holding company for CIBM Bank, has qualified to trade on the OTCQX Best Market and has today upgraded from the OTCQB Venture Market. Graduating to the OTCQX Market marks an important milestone for community banks in the US public markets. The OTCQX Market enables banks to maximize the value of being a public company by providing transparent trading and easy access to company information for shareholders. To qualify for OTCQX, community banks must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. J. Brian Chaffin, president & CEO of CIB Marine Bancshares commented: "We are excited to upgrade CIB Marine to the OTCQX Best Market. This marks another accomplishment on our path to greater shareholder liquidity and we look forward to having greater visibility to the investing public."