Fortitude Gold (OTCQB:FTCO) Corp told investors it has increased its monthly dividend by 14% to $0.04 per common share, or $0.48 annually. The monthly dividend for October 2021 is payable on October 29, 2021, to shareholders of record as of October 19, 2021. "On behalf of the Board of Directors I am pleased to announce our third dividend increase of 2021," CEO and president, Mr. Jason Reid said in the statement. "Our 2021 cumulative dividend increase is now 100% and our $0.48 annual dividend, paid monthly at $0.04, is a substantial dividend for a gold producer. Fortitude's business strategy of returning as much cash back to shareholders while balancing the needs of the operations, organic growth and paying taxes transcends the typical gold mining investment.”
Vuzix Corporation (NASDAQ:VUZI), a leading supplier of Smart Glasses and augmented reality (AR) technology and products, said it has partnered with AmbiFi, an advanced software as a service (SaaS) ambient computing company, to lower the barriers to adopting Smart Glasses in the healthcare industry. The Rochester, New York-based company said the combined solution will similarly benefit the manufacturing and services industries. Using AmbiFi’s solution and its Smart Glasses, Vuzix said healthcare professionals will have hands-free voice access to peer-reviewed and approved procedures, protocols and pathways. Its M400 and M4000 Smart Glasses carry IEC 60601-1-2:2014 certification as medical electrical equipment meeting EMC safety standards. "Healthcare continues to be one of our most dynamically growing markets and our new partnership with AmbiFi certainly supports this momentum," Vuzix president and Paul Travers said in a statement. "Combined solutions such as what AmbiFi and Vuzix will now offer are becoming essential tools within the industry.” The companies said they will host a webinar at 2pm Eastern Time on October 12 to discuss their joint healthcare solution. Interested parties that would like to learn more can register for this webinar by following this link: https://vuzix.zoom.us/j/91989912717
Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF) announced the pricing related to its offering of US$500 million fixed rate senior notes due in 2026 as part of its refinancing strategy. The company will pay interest on the notes semi-annually at a rate equal to 5.00% per annum. The notes will settle on or around October 14, 2021, and are subject to customary conditions. Additionally, the notes will mature on October 14, 2026.The proceeds, together with cash available on the group’s balance sheet, will be used to repay a bridge term loan facility, an existing revolving credit facility and fees and expenses in connection with the offering of the notes.
Harbor Custom Development Inc has closed on its $36 million underwritten public offering. The company said it intends to use the net proceeds for land acquisition, construction, and development, and working capital.The company offered 2.4 million shares of 8% Series A Cumulative Convertible Preferred Stock and 13.8 million warrants to each purchase one share of common stock, which includes an additional 1.8 million warrants as a result of a partial exercise of the over-allotment option granted to the underwriter.
Blue Sky Uranium Corp intends to implement a warrant exercise incentive program and has applied for TSX Venture Exchange approval. As announced on October 23, 2019, the company completed a private placement offering of 5,793,333 units at a subscription price of $0.15 per unit. Each unit consisted of one common share and one common share purchase warrant for two years at $0.25 from the date of issuance. All of the placement warrants remain outstanding expiring October 23, 2021. The Incentive Program will commence on the date of receipt of conditional acceptance by the TSXV and will expire at 4 pm (Vancouver time) on the expiry date. If the placement warrant holder exercises the Placement Warrants, the holder will receive one additional warrant in consideration of the exercise of each placement warrant. Each incentive warrant will be exercisable to acquire one common share at $0.35 apiece for three years from the date of issuance. The incentive warrants and any shares issued upon the exercise of the incentive warrants will be subject to a hold period expiring four months plus one day after the date of distribution of the incentive warrants. In the event a placement warrant holder determines not to participate in the incentive program, then the placement warrants will expire on October 23, 2021. The company intends to use the proceeds for working capital and exploration on its properties in Argentina.
CytoDyn Inc, a late-stage biotechnology company developing leronlimab, said four of its executives will be presenting a corporate update at the upcoming Emerging Growth Conference. Company attendees include: Nader Pourhassan, PhD, president and chief executive officer; Scott Kelly, MD, chairman, chief medical officer and head of business development; Nitya Ray, PhD, chief operating officer, and chief technology officer; and Christopher Recknor, MD, senior executive VP of clinical operations. The group will present for 30 minutes and 90 minutes following will be dedicated to live questions and answers. The presentation will take place Wednesday, October 13, 2021, at 1:00 pm ET. To watch the event use the following link: https://goto.webcasts.com/starthere.jsp?ei=1487781&tp_key=e2bca7d62c&sti=cydy
ACME Lithium Inc, a battery metals company focused on Nevada, said its recent geological field review and sampling program at Fish Lake Valley, has resulted in surface lithium values up to 410 parts per million (ppm). The promising lithium result indicates a mineral process was active during deposition of the underlying sediments, according to the company. Additionally, barium analyses of 1,800 ppm support that the mineral process was active during deposition of the underlying sediments.
LeanLife Health (CSE:LLP) Inc has announced a new distribution contract with Prime Global Ventures Inc to assist in the sales and distribution of its Iron Energy drink product line endorsed by former boxer, MikeTyson. The Vancouver-based company said it has secured placement for distribution in approximately 400 gas and convenience stores across Central Florida, primarily in the Tampa Bay and Orlando regions, through a buying association that represents over 125,000 gas and convenience stores across the US. The products will be available in Central Florida from October 18, 2021, with a full rollout expected across the US as early as 2022.
District Metals Corp. (TSX-V:DMX)announced it has started a new drilling program at its Tomtebo polymetallic property in the Bergslagen district of Sweden. The resource company will sink at least 5,000 metres at the property, with two rigs operated by Hy-Tech Drilling Sweden AB. District is hoping to test a new interpretation near the large mineralized system around the historic Tomtebo mine using geochemistry and geophysics.
Playgon Games (TSX-V:DEAL, OTCQB:PLGNF) Inc. said it has gone live with Solid Gaming, a Bally's Corporation company. Solid Gaming is a market leader in providing exclusive and high performing random number generator (RNG) games, live dealer solutions, and betting offerings for the online gambling industry. "Solid Gaming represents a significant opportunity for Playgon to scale our business and market reach as they are considered a premium aggregator in our industry that service multiple large gaming brands with digital content," said Darcy Krogh, CEO of Playgon Games (TSX-V:DEAL, OTCQB:PLGNF), in a statement.
Scottie Resources Corp unveiled new assays from the northern extension of the Blueberry Zone in British Columbia. The new intercepts revealed high-grade gold of 16.5 grams per ton (g/t) gold over 10 metres and 28.8 g/t gold over 4.94 metres. The Blueberry Zone has now been extended to over 550 metres in strike length and remains open along strike and at depth, according to Scottie.
Fobi AI (TSX-V:FOBI, OTCQB:FOBIF) Inc said it has signed an agreement to acquire PassWallet, a leading app for managing and utilizing wallet passes on Android phones, in a move it expects to provide near and long-term revenue growth. The Vancouver-based artificial intelligence (AI) company said PassWallet, by Google Play Store downloads, works with other leading wallet pass companies and supports more than 150 countries where Google Pay is not supported. It will fund the €888,000 (US$1.03 million) transaction with €355,200 paid in cash and €532,800 in Fobi shares, which will be subject to a restricted period of four months and one day from the date of issuance.
Tartisan Nickel Corp. (CSE:TN, OTC:TTSRF) provided an update showing high-grade assay results from its 100% owned flagship Kenbridge nickel-copper property in the Kenora mining district of Ontario. The Canadian mineral exploration and development company is conducting a 10,000-metre (m) diamond drilling program with two drill machines. The program is designed to target the down dip and along strike extension of the Kenbridge nickel (Ni) and copper (Cu) deposit.
Lucky Minerals (TSX-V:LKY, OTC:LKMNF) Inc has revealed new assay results from samples taken from the Wayka gold discovery on its Fortuna property in southern Ecuador. Highlights from the trenching program include results that confirmed the lateral extent of the breccia sampled along 27 metres, which averaged 1.91 grams per ton (g/t) gold. Other results averaged 0.32 g/t gold over 17 metres, including 0.56 g/t gold over 9 metres; 0.79 g/t over 7 metres, and 0.59 g/t over 4 metres.
Avalon GloboCare Corp (NASDAQ:AVCO). has announced the co-development of a novel, cell-free, in-silico system to facilitate its drug development efforts. The company has partnered with the Institute for Synthetic Bioarchitectures at the University of Natural Resources and Life Sciences (BOKU) in Vienna and others to develop the new technology. Avalon noted that a study of the new technology was featured in the September 2021 issue of Membranes, an international, peer-reviewed journal.
Bam Resources Corp said it has identified a second copper oxide zone at its Majuba Hill property situated near Reno, Nevada. The diversified explorer also has reported that an unsampled core has been identified from historic drill holes at the DeSoto Area of the Majuba Hill District. A recent surface rock chip sampling conducted to evaluate the 2022 magnetic and induced polarization (IP) geophysical results led the company’s geologic team to re-examine the historic DeSoto core and identify the unsampled core intervals.
Gevo Inc (NASDAQ:GEVO). said it has engaged Kiewit Energy Group Inc. to lead the Front End Engineering Design (FEED) effort for its Net-Zero 1 Project in Lake Preston, South Dakota. Kiewit Energy Group Inc. is part of Kiewit Corporation, one of the top five contractors in the US with vast experience in virtually every energy segment. This includes extensive work on energy-transition projects such as biofuel plants, geothermal plants, solar farms, and building the first offshore wind substation project in the US, as well as a wide range of projects for large oil-and-gas companies. Gevo said it expects Kiewit Energy Group will fulfill the engineering, procurement, and construction (EPC) role in the project once the FEED phase is complete. In a statement, Dr Chris Ryan, president and chief operating officer of Gevo commented: “Kiewit’s comprehensive construction and engineering capabilities match its tremendous project experience in the energy sector, specifically the clean energy sector. Working with a firm like this, we expect to reduce execution risk on the Net-Zero 1 Project while increasing our capability to build out multiple net-zero plants as the market demands—good news for our growing list of customers, shareholders, and folks who care about the environment.”
PlantX Life Inc. (CSE:VEGA) said it has applied to list its common shares on the Toronto Stock Exchange (TSX) with the view of increasing access to capital markets. The company noted that its uplisting is subject to the approval of the TSX in accordance with its original listing requirements. The TSX has not conditionally approved PlantX's listing application and there is no assurance that the TSX will approve the listing application or that PlantX will complete the uplisting as proposed. In a statement, Lorne Rapkin, chief executive officer of PlantX, said: "Uplisting our shares to the TSX will mark a valuable milestone that will highlight PlantX's impact and potential as a global leader in the plant-based industry. This is a crucial step in our growth that will significantly increase our brand recognition and could lead to enhanced trading activity. By listing on the TSX, we seek to further enhance the Company's visibility and accessibility to domestic, international and global investors."
Ayurcann Holdings Corp. (CSE:AYUR) said it has closed a non-brokered private placement of 7,710,354 units at a price of $0.18 each for aggregate gross proceeds of $1,387,863.72. The company said it intends to use the net proceeds of the private placement for general working capital for business, corporate, research and development. Each unit consists of one common share in the corporation and one common share purchase warrant. Each warrant entitles the holder thereof to purchase one Ayurcann common share at an exercise price of $0.22 for a period of the earlier of thirty-six months from the date of the closing of the private placement.
Real Luck Group (TSX-V:LUCK, OTCQB:LUKEF) Ltd. and its subsidiary companies doing business as 'Luckbox' has announced the appointment of David Conde as its new Head of Data. Conde, whose previous roles include telecommunications company Ericsson and iGaming companies like MoPlay and Gaming, will oversee Luckbox's business intelligence efforts, including optimising customer acquisition and retention campaigns: a key aspect of player marketing efforts, which is on track to commence by the end of the year. In a statement, Real Luck Group (TSX-V:LUCK, OTCQB:LUKEF) CEO Thomas Rosander said: "At Luckbox, we are striving to offer players a 3.0 betting experience and having superior business intelligence is an important part of that, so we are delighted to have David on board with us. With sophisticated use of data and AI, we are able to offer each player a highly customised experience, so that everyone feels like a VIP. As we strive to build a scalable business to become a dominant player in the space, David is an important addition to the team and his skillset will help us drive revenues through increased conversion on acquisitions and higher customer retention levels."
PsyBio Therapeutics Corp. reported that it has demonstrated the ability to manufacture PsyBio-11040, one of its first promising therapeutic candidates, at a commercial scale. The company said this is the result of numerous dedicated employees, consultants and contractors committing thousands of hours and almost a year of efforts that have taken the technology, exclusively licensed to PsyBio, from bench scale to commercial scale. "This achievement demonstrates the formal utility of the technology to produce psycho-targeted therapeutic candidates," CEO Evan Levine said in a statement.
Trust Stamp (OTCQX:IDAI, EURONEXT:AIID) Inc., a provider of AI-powered trust and identity services, announced that it is adding secure account-credential and private key storage vault functionality to its suite of solutions targeted at financial institutions delivering cryptocurrency and digital asset services. The Atlanta, Georgia-based company said the solution leverages Trust Stamp (OTCQX:IDAI, EURONEXT:AIID)'s proven facial biometric authentication technology to establish and grant access to the vault. “Biometric and other data is converted into Trust Stamp (OTCQX:IDAI, EURONEXT:AIID)'s proprietary Irreversibly Transformed Identity Token (IT2TM) and immediately discarded,” said the company.
Royal Wins Corporation (CSE:SKLL) said it has now launched its signature skills game app, Kash Karnival, in Australia. The introduction to the Australian market is an important move and the next major step for the innovator of mobile-based wagering games’ global growth strategy. Data reflecting the nation’s online gaming community demographics indicates 47% of its players identify as Female which mirrors Kash Karnival's player profiles.
Falcon Gold Corp (TSX-V:FG, OTC:FGLDF). said it has formed a new wholly-owned subsidiary, Latamark Resources Corp., as it evaluates a number of assets in Latin America to grow its exposure to opportunities outside of North America. The exploration firm said it plans to spin out its Esperanza gold-silver-copper project in Argentina’s southern La Rioja province into Latamark Resources and is in the initial stages of preparing the necessary reporting requirements needed for shareholder approval. "This is a very exciting time for Falcon as we continue to search out opportunities both domestic and now international,” Falcon Gold CEO Karim Rayani said in a statement.
Plurilock Security Inc said it has received a US$133,000 order from the US Marshals Service and a US$193,000 order from the US Drug Enforcement Administration (DEA) as part of the National Aeronautics and Space Administration's (NASA) Solution for Enterprise-Wide Procurement (SEWP) program, a US Government-Wide Acquisition Contract Vehicle (GWAC). To fulfil the purchase orders, Plurilock’s Solutions Division will provide hardware maintenance for the two agencies. It said the orders align with its stated goal of expanding within the government vertical. Including the latest orders, the company said contracts and orders announced since April 2021 represent a combined total of roughly US$12.23 million in sales.
Delta 9 Cannabis Inc and VIVO Cannabis Inc (TSX-V:VIVO). announced a partnership through which Delta 9 products will be added to VIVO's Canna Farms e-commerce marketplace. VIVO and Delta 9 are two of Canada's longest-running cannabis companies, with both scoring Health Canada licenses late 2013 to early 2014. Through the Delta 9 and VIVO supply partnership, VIVO will purchase, and list a selection of Delta 9 cannabis dried flower products for sale directly to "Canna Farms' medical patients, expanding its portfolio offering of brand options for nearly 20,000 active medical patients," said the company. "We're pleased to add Delta 9 as a new LP supply partner," said Canna Farms co-founder and VIVO Cannabis CEO Ray Laflamme in a statement. "As the leader in the health and wellness cannabis industry, we are committed to providing our patients with access to quality craft cannabis."
Evergold Corp (TSX-V:EVER, OTC:EVGUF) has updated investors on its exploration, saying its drill program at the C Zone, Pyramid Peak at the Snoball property in British Columbia has now been completed and that it was expecting assays from drilling at the Golden Lion property in the near term. Due to the early onset of winter, the drill program at Snoball has now wrapped up for 400 meters (m) in four shallow holes, which was less than the 2,000m originally targeted, the company noted. At Golden Lion, the company reported in August this year, the discovery of strongly mineralized intercepts at the GL1 Main Zone, designed to test for a potential strengthening of the epithermal system below the shallow drilling carried out by Evergold in 2020. ALS Global, the company's analytical services provider, now projects delivery of all assays by the end of the first week in November.
Psyched Wellness (CSE:PSYC, OTCQB:PSYCF) Ltd has kicked off its next preclinical trial study on its proprietary Amanita muscaria extract, AME-1. The Toronto-based health and wellness company will work with KGK science, a licensed contract research organization. The trial is a conditioned placement preference study that will determine any beneficial – or adverse – health effects of AME-1.
Nextech AR Solutions Corp. (CSE:NTAR, OTCQB:NEXCF, NEO:NTAR) has formally launched “3D Rooms" -- an enhancement to its Augmented Reality suite and WebAR for e-commerce. With the launch of this new software-as-a-service (SaaS) offering, the company said it is upgrading its revenue-generating capabilities from each new customer and strengthening its position in AR for the e-commerce market. 3D Rooms enables customers to virtually preview home furnishing and decor in a desired location, using just a simple 2D photo of a room. The solution uses Nextech's artificial intelligence (AI) to analyze a room layout automatically and then parses out room surfaces, reconstructs the scene, and allows 3D objects to be seamlessly placed inside a 2D photo as if they were part of the room.
MGX Minerals Inc is conducting a strategic review of its REN niobium-tantalum-titanium-rubidium for in-demand nuclear and space metals. A signature of these versatile metals is their ability to withstand extreme heat, as well as their high melting point. Located in British Columbia, the REN property was drilled by MGX in 2018. Results of the 14-hole, 1249-meter drill program, included a drill intersection of 44 meters of 1700 parts per million (ppm) niobium with tantalum, titanium, and rubidium.
LexaGene Holdings Inc. (TSX-V:LXG, OTCQB:LXXGF) announced that it successfully utilized its MiQLab System to correctly identify bacteria and determine the presence of antimicrobial resistance (AMR) markers that predict resistance to commonly prescribed first-line veterinary antibiotics. The Beverly, Massachusetts-based molecular diagnostics company noted that decades of over-use of antibiotics has resulted in a drastic rise in pathogens that are difficult to treat due to their evolution and resistance. With very few new drugs in development, the Centers for Disease Control and Prevention (CDC) predicts antimicrobial resistant pathogens will kill more than 10 million people per year in less than 30 years. To put this into perspective, over 3 million people died of COVID-19 in 2020, which would equate to just one-third of the yearly expected impact from drug resistant bacteria, according to the company.
Cloud DX (TSX-V:CDX, OTCQB:CDXFF) Inc said a national medical study using its Connected Health platform proves remote patient monitoring (RPM) improves patient outcomes. Results from the study, led by PJ Devereaux and Michael McGillion of the Population Health Research Institute, show post-surgical RPM provides greater detection and correction of drug errors, reduces patient pain, and could reduce hospital re-admissions and emergency room visits, Cloud DX (TSX-V:CDX, OTCQB:CDXFF) said. "With the recent rapid industry innovation, we are now conclusively seeing improvements in patient results from RPM,” Cloud DX (TSX-V:CDX, OTCQB:CDXFF) co-founder and CEO Robert Kaul said in a statement.
CytoDyn Inc has announced a study for treating triple-negative breast cancer (TNBC) with its flagship drug leronlimab in a humanized TNBC xenograft model. The late-stage biotechnology company said the investigator-initiated study is being led by Dr Jangsoon Lee, assistant professor of Breast Medical Oncology Research at The University of Texas MD Anderson Cancer Center. It is intended to determine the potential synergistic therapeutic efficacy of leronlimab in combination with immune checkpoint blockade (ICB) to attempt to raise the standard of care for breast cancer patients. Separately, the company announced the appointments of Dr Christopher Recknor as senior executive vice president of Clinical Operations and Dr Nitya Ray as its chief operating officer as it realigns its management structure to optimize its BLA (biological license application) resubmission process and to advance clinical development potential.
Mason Graphite Inc (TSX-V:LLG, OTCQX:MGPHF)., through its joint venture company Black Swan Graphene Inc., has been granted a US patent and two Canadian patents for the apparatus and method for bulk production of atomically thin 2-dimensional (2D) materials including graphene. All told, the company said Black Swan’s patent portfolio now stands at 16, covering Europe, Canada, and the US and consolidating its leading position in the high-shear liquid phase exfoliation process for graphene and other 2D materials. Mason Graphite noted that the graphene produced from the patented manufacturing process owned by Black Swan and produced by its strategic shareholder Thomas Swan & Co. Ltd., can be used as an additive in multiple applications, such as concrete, polymers, inks, coatings, and batteries -- delivering features such as better abrasion resistance, reduced weight, and enhanced thermal and electrical conductivity.
Mednow Inc (TSX-V:MNOW, OTCQB:MDNWF). said it has executed a Marketing Services Agreement with Sterling Capital Brokers Ltd. which allows Sterling to market Mednow’s digital pharmacy and healthcare platform to its network of 100,000 plan members. The insurance broker and financial advisor channel is one of many avenues through which Mednow plans to develop its Mednow for Business offering. Through these partnerships, Mednow said it is creating a way to acquire large groups of patients from employers who are seeking to decrease the cost of benefit plans and improve the wellbeing of their workforce through a digital first and people-centered healthcare platform. “As we build our Mednow for Business offering, we will partner with established and reputable brokers such as Sterling. Employers, advisors and plan sponsors are all looking for more value out of unique digital healthcare solutions such as Mednow to its customer base. For Mednow, Sterling will accelerate the addition of benefit plan sponsors on to Mednow’s platform along with the benefits of en masse user base growth,” said Karim Nassar, CEO of Mednow in a statement.
Kodiak Copper Corp said it has added 'Indigenous relations' strategist and 'Social Innovator' Lana Eagle to its board of directors. The copper porphyry focused explorer noted that Eagle was a pioneer for Aboriginal women and had been one of the first to chair a mineral explorer in Canada, namely Electra Gold Ltd. A member of the Whitecap Dakota First Nation in Saskatchewan, she is an appointed member of British Columbia's (BC) Indigenous Business and Investment Council and a director on the board of Geoscience BC. Most recently, she was elected to the board of Prospectors and Developers Association of Canada. In a statement, Claudia Tornquist, CEO of Kodiak told investors: "I am delighted to welcome Lana to Kodiak's Board and am genuinely looking forward to working with her. Lana's impressive background combines business experience with in-depth involvement and thought leadership in Indigenous relations. I have no doubt that she will bring valuable perspectives to Kodiak's Board and help formulate and execute a well-rounded strategy that will truly benefit our shareholders."
Newrange Gold Corp. (TSX-V:NRG, OTCQB:NRGOF) has announced the retirement of Robert Carrington, who will step down as chairman, director and president of the company, effective October 15, 2021. The company said Robert Archer will assume the role of president, in addition to his current role as CEO, while Carrington will continue to play an advisory role with the company. In a statement, Archer commented: “Robert was a co-founder of the Company in 2005 and has dedicated the last 16 years to exploration in Colombia and the USA. On behalf of the Board of Directors, I would like to thank him for his service and commitment throughout that period and wish him well in his retirement.”
Recruiter.com Group Inc. has announced that its CEO, Evan Sohn, will present and discuss the results of Recruiter.com's Recruiter Index for September 2021 on CNBC. Sohn will appear live on CNBC, Thursday, October 7, 2021, on "The Exchange," which airs from 1.00pm to 2.00pm ET. "I am thrilled to once again share the latest recruiter sentiment results with the CNBC audience," said Sohn. "Hiring demand and the job market is of particular interest and concern to the global economy lately, with talk of the 'Great Resignation' in the news and talent shortages receiving national attention. We at Recruiter.com are excited to offer insights into the rapidly changing employment landscape and help give context to crucial business decisions." The Recruiter Index, a survey of Recruiter.com's network of recruiters and talent acquisition professionals, has a successful track record of insights into the job market and hiring demand, as well as forecasting the Labor Department's jobs report by relying on the sentiment of recruiters, HR leaders, and hiring experts.
American Resources Corporation (NASDAQ:AREC) has said its management team will sponsor 20 local families, near its Perry County Resources (PCR) complex in Hazard, Kentucky, with Thanksgiving dinners to enjoy with their family during the holiday season. The company’s CEO Mark Jensen commented: "We love the holiday season but also understand it can be a stressful time for families that need a bit of a helping hand. Our employees are hard-working individuals that are proud to put food on the table for their families. We have a strong belief in community stewardship and want to give our employees this opportunity to take it a step further and support others in their community that they know could use a little bit of extra help during this coming Thanksgiving. Our solutions-based platform is based on creating a better, more efficient and sustainable way of producing natural resources while adapting and innovating to meet the needs of the evolving, modern infrastructure markets. We are proud of our investments we have made in our operations and rare earth element innovations to bring well-paying, sustainable jobs as well as new economic opportunities to the region. The town of Hazard has a bright future and it's an honor to involve our local workforce to give back and pay it forward into the local community and region. Furthermore, we couldn't be happier to support local businesses such as Big Blue Smokehouse, a top local BBQ restaurant to provide the meals for our recipients!" The 20 families will be nominated by members of the 127 individuals that are currently employed at American Resources' Perry County complex. To date, American Resources has created over 125 jobs at its Perry County Resources complex since reopening, following its restructuring efforts to make it the premier low-cost steel-making carbon mine.
District Metals Corp. (TSX-V:DMX) said it has completed its acquisition of a 100% interest in the polymetallic Svärdsjö Property from a wholly-owned subsidiary of EMX Royalty Corp. Garrett Ainsworth, president & CEO of District Metals, commented: "The Svärdsjö Property is an excellent bolt on property to our flagship Tomtebo Property located 25 km apart, and also within the prolific Bergslagen Mining District of south central Sweden. The Svärdsjö Property is an advanced stage exploration property where historical records show that the Svärdsjö Mine produced 1.03 Mt at 112 g/t Ag, 6.0% Zn, 2.7% Pb, 0.6% Cu and 0.4 g/t Au from 1887 to 19891. More recent work by Boliden discovered significant polymetallic mineralization to the southwest of the Svärdsjö Mine that remains open2. Compilation of historical exploration data is well underway, and we plan to conduct a detailed heliborne electromagnetic and magnetic (SkyTEM 312HP) survey at Svärdsjö before the end of the year."
Altiplano Metals Inc said the TSX Venture Exchange has accepted for filing an option agreement dated August 18, 2021, between Andes Metals Chile SpA (Altiplano's wholly-owned subsidiary) and Asesorias E. Inversiones Marpel Ltda. (Beltran Pelayo Gumucio Schonthaler and Margarita Maria Spoerer Ochagavia, collectively the optionor), whereby the company has purchased the Pastillas project, located in northern Chile. The aggregate consideration, payable over a four-year period, is US$1.18 million, one million common shares and $2.9 million in exploration expenditures. The property is subject to a 2.0% net smelter return (NSR) royalty, of which the company has the right to purchase one-half for US$2 million until the eighth anniversary of the agreement date, subject to further exchange review and acceptance.
O3 Mining Inc (TSX-V:OIII, OTCQX:OIIIF) said the TSX Venture Exchange has accepted for filing documentation pertaining to an amendment option purchase agreement dated February 7, 2021, and notice of exercise dated September 9, 2021, to the original option agreement dated April 20, 2017, between the company and an arm's-length party, whereby the company has exercised its option to acquire an 80% undivided interest in the Centremaque property, located on O3 Mining's Alpha property in Val d'Or, Que. Under the terms of the agreements, the company will issue 98,570 common shares to satisfy an outstanding portion of the consideration payable to meet the option exercise requirements of $209,460 in required expenditures.
Vicinity Motor Corp said the TSX Venture Exchange has accepted for filing the company's proposal to issue 412,000 bonus warrants in consideration of $10.3 million in unsecured debenture units. Each unit will be sold at $985 with a principal value of $1,000 and 40 warrants. Each warrant entitles the holder to purchase one common share at $7.50 for 12 months from closing. Interest is 8 per cent per annum for a term of one year.
American Manganese Inc said that effective October 6, 2021, the company's short form base shelf prospectus dated September 16, 2021, was filed with and accepted by the TSX Venture Exchange, and filed with and receipted by the British Columbia Securities Commission, pursuant to the provisions of the Securities Act in British Columbia. The TSX Venture Exchange has been advised that closing occurred on October 5, 2021, for gross proceeds of $20 million.
Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF) has said it will release its Q3 2021 financial results on Thursday, November 11, 2021, before the LSE market open. Management will host a conference call and webcast on the same day at 8.30am ET / 1.30pm GMT to discuss the financial results. The webcast can be accessed through the following link: https://edge.media-server.com/mmc/p/wc2s3hwk. Analysts and investors are also invited to participate and ask questions using the following dial-in numbers: International: +44 (0) 207 192 8338; North American toll-free: +1 877 870 9135; UK toll-free: +44 (0) 800 279 6619; Confirmation Code: 3980665. The conference call and webcast will be available for playback on Endeavour's website.
The Valens Company (TSX:VLNS, OTCQX:VLNCF) Inc. has said it will issue its third-quarter 2021 financial results, for the period ended August 31, 2021, on Wednesday, October 13, 2021, after markets close. The company will host a conference call the following day, Thursday, October 14, 2021, at 11.00am Eastern Time / 8.00am Pacific Time to discuss the financial results and business outlook. Dial-In Numbers: Toll-Free: 1-877-407-0792; Toll / International: 1-201-689-8263; Participants should request The Valens Company (TSX:VLNS, OTCQX:VLNCF) Earnings Call or provide confirmation code 13723378. The call will be available via webcast on the Valens investor page of the company website at https://thevalenscompany.com/investors/. Tyler Robson, Valens chief executive officer, Sunil Gandhi, chief financial officer, Jeff Fallows, president, and Everett Knight, executive vice president of Corporate Development and Capital Markets, will be conducting a question-and-answer session following the prepared remarks.
Enveric Biosciences (NASDAQ:ENVB) Inc - which recently acquired MagicMed Industries - has announced that Dr Joseph Tucker, its chief executive officer will participate in the following two upcoming October conferences: A.G.P.'s Biotech & Specialty Pharma Conference to be held virtually on Wednesday, October 13, 2021; KCSA Psychedelics Investor Conference to be held virtually at VirtualInvestorConferences.com from October 13-14, 2021, where Dr Tucker will present live on Wednesday, October 13 at 11.30am ET. For more information about the conferences, or to schedule a one-on-one meeting with Enveric's management team, investors can send an email to A.G.P. at agpevents@allianceg.com or KCSA Strategic Communications at envericbio@kcsa.com.