Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Tech

NA Proactive news snapshot: Ximen Mining, Metalla Royalty & Streaming, Logiq, Gevo, CLS Holdings USA, Levitee Labs UPDATE ...

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

Ximen Mining Corp said it has received approval to conduct exploration drilling on the Providence property near Greenwood in southeastern British Columbia. The multi-year, area-based permit allows for 1,600 meters (m) to be drilled at four new drill sites. According to the company, the Providence property adjoins the historic Providence mine, which BC Minfile records indicate 1,368,075 ounces of silver, 5,896 ounces of gold, 402,690 pounds lead and 260,086 pounds of zinc was recovered from 10,426 tonnes mined.

Metalla Royalty & Streaming Ltd (TSX-V:MTA) told shareholders they are hosting a Zoom webcast, featuring a corporate update from CEO Brett Heath, on Wednesday, October 14, 2021 at 4pm ET. The company CEO will discuss Metalla Royalty & Streaming’s activities over the last several months, including the most recent acquisition of a 5% NSR (net smelter royalty) on Equinox Gold (TSX:EQX)'s Castle Mountain project, which once in production, is poised to become one of the USA's largest gold mines. Panelists for the Zoom call will include: CEO and president Brett Heath, vice president corporate development Drew Clark, corporate development associate, Sunny Sara, CFO, Saurabh Handa, and non-executive director EB Tucker. If you have would like to register for the event, use the following link.

Ready Set Gold Corp has reported that at its annual general and special meeting of shareholders, held earlier today, all of management’s nominees were elected as directors for the ensuing year and other management motions passed, as expected. The meeting was called to attend to normal-course annual meeting matters, as well as matters set forth in a requisition received from a dissident shareholder of the company, CBLT Inc. A total of 10,478,861 common shares of the company were represented at the meeting in person or by proxy, which is about equal to 34.7% of the number of common shares that were eligible to vote. As well, Smythe LLP, Chartered Professional Accountants, were re-appointed as the company's auditors and the directors of the company were authorized to fix the remuneration of the auditors.

BMEX Gold Inc (TSX-V:BMEX) said the TSX Venture Exchange has accepted for filing documentation pertaining to an amending agreement dated August 1, 2021, between the company and 9219-8845 QC Inc., Anna-Rosa Giglio, Tony Perron, Steve LaBranche, Serge Robert and Alain Theberge (collectively, the optionors). The amending agreement amends the terms of an option agreement between the company and the optionors dated August 18, 2020, whereby the company acquired the right to acquire a 100-per-cent interest in the Dunlop Bay property. The amending agreement eliminates cash payments of $300,000. In lieu thereof, the company has issued an additional two million shares to certain of the optionors and thereby completed the exercise of the option on the property. All other provisions of the agreement remain in effect unamended. Under the agreement, the company granted two of the optionors a 1.0-per-cent net smelter returns royalty. In addition, the company must make further payments of up to $1.0 million in cash or, subject to TSX Venture Exchange approval at the time of issuance, shares if certain milestones are met.

Logiq Inc said it has expanded its Logiq Digital Marketing (LDM) platform to include Semcasting’s advanced consumer and B2B (business to business) title targeting capabilities. The company noted that Semcasting’s solution will allow LDM clients to easily take their offline customer data, including in-store receipts or home addresses, and translate it into targetable data for online marketing. “Semcasting’s multipoint IP, network and device targeting is a powerful approach for online marketers,” Logiq Digital Marketing president Manny Puentes said in a statement.

Gevo Inc (NASDAQ:GEVO). said it and Axens North America Inc. have established a strategic alliance aimed at accelerating the commercialization of sustainable ethanol-to-jet (ETJ) projects in the US. As part of the alliance, Gevo said Axens brings technologies with over 60 related patents, engineering packages, and certain proprietary equipment required to convert ethanol into jet fuel. Axens will also provide process guarantees for commercial ETJ projects. Gevo said it expects to develop, own, and operate ETJ plants to produce sustainable aviation fuel (SAF), utilizing its expertise in renewable alcohol production and technologies as well as its Net-Zero business model, project financing expertise, customer relationships, and contracts.

CLS Holdings (LSE:CLI) USA Inc. has achieved its first-ever profitable quarter. For its first quarter of fiscal year (FY) 2022 ended August 31, 2021, the company said it generated net income of $427,599 versus a net loss of $1,145,036 in the year-ago period. CLS also noted that 1Q revenue growth proved to be significant with a 45% year-over-year increase.

Levitee Labs (CSE:LVT) Inc said it has signed a letter of intent (LOI) to acquire 51% of the issued and outstanding shares in a compounding pharmacy based out of Calgary, Alberta. The company noted the compounding pharmacy will be used as an initial base for the production and distribution of pharmaceutical products for Levitee Labs (CSE:LVT), which will include pain and depression management products such as ketamine.

Recruiter.com Group Inc., a sector leader in on-demand recruiting solutions, said it expects to report revenue growth of over 25% for the third and fourth quarters of fiscal 2021 after it acquired new businesses, building on its product offerings. The increases follow revenue growth of 81% in the six months to June 30 as it increased its on-demand recruiting solutions and transformed its business with subscription-based software, it added in a corporate update. "2021 has been an extraordinary year for Recruiter.com, which included our initial listing on Nasdaq and a capital raise of $13.8 million," chairman and CEO Evan Sohn said in a statement. "Jobs and hiring are at the center of the national conversation, which presents incredible opportunities for Recruiter.com to position its products,” he added.

Loncor Gold Inc has said it has unearthed significant assay results from its drilling program within its 84.68%-owned Imbo Project in the eastern part of the Ngayu greenstone belt in the Democratic Republic of the Congo. Of particular interest was borehole LADD025 which was drilled at its flagship Adumbi deposit. The hole intersected 19.10 metres (m) grading 4.11 gram per tonne (g/t) gold (including 8.75m grading 5.40 g/t gold) and 14.60m grading 2.11 g/t gold, while borehole LADD024 intersected 17.78m grading 3.20 g/t gold and 11.50m grading 3.47 g/t gold (including 3.55m grading 7.79 g/t gold.

CleanSpark Inc (NASDAQ:CLSK). announced the purchase of 4,500 units of the Antminer S19 bitcoin mining machine, which was partially funded through a portion of the company's bitcoin holdings. The Nevada-based energy technology and clean bitcoin mining company said the delivery of the machines is scheduled to start next month and be completed by July 2022. CleanSpark estimates that its sustainable bitcoin mining capacity will increase by a computing power of 450 PH/s, equivalent to almost 45% of the company's current capacity after the purchased machines are fully operational.

BioSig Technologies, Inc. (NASDAQ:BSGM) has said its flagship PURE EP System technology will be featured in a live patient case streamed during the 16th Annual International Symposium on Ventricular Arrhythmias: Pathophysiology & Therapy (VT 2021), held virtually on October 15-16, 2021. VT 2021 has been developed to meet the educational needs of electrophysiologists, cardiologists, and other physicians and associated professionals interested in the pathophysiology and management of ventricular arrhythmias. The event is hosted by the Department of Medicine, Division of Cardiology, University of Pennsylvania Health System in Philadelphia, Pennsylvania and the Division of Cardiology, The Mount Sinai Hospital in New York, New York. In a statement, Kenneth L. Londoner, Chairman, and CEO of BioSig Technologies said: “Treatments for ventricular arrhythmias have historically been complex due to the very challenging nature of these conditions. We are focusing on uncovering important additional physiologic information to hopefully improve the ventricular arrhythmia treatments, and we are thrilled to be included in the live case coverage during this year’s VT Symposium that is solely focused on complex cardiac arrhythmias. We want to thank the course directors and the global faculty for opening this important educational event to all stakeholders and look forward to the two days of insightful sessions."

Steppe Gold Limited (TSX:STGO, OTCQX:STPGF), a Mongolian-focused precious metals company has provided investors with its third-quarter activities update featuring strong gold and silver inventory build-up through the year. During the third quarter, mining and stacking on the heap leach phase at its flagship Altan Tsaagan Ovoo (ATO) mine in eastern Mongolia has continued with 1.7 million tonnes stacked on the leach pad and a further 0.6 million tonnes stacked on the ROM pad. “Based on sampling grades on mined and stacked ore, together with estimated unrecovered ore on the leach pad or in the solution or circuit, we estimate that we now have a total of over 40,000 ounces of gold in inventory, on a 70% recovery basis, on the leach pad, ROM pad and in circuit,” the company said.

Psyence Group Inc (CSE:PSYG). announced that Dr Dingle Spence, the chief medical officer of the company’s wholly-owned subsidiary, Psyence Jamaica Limited, will be a featured speaker at two virtual global conferences this week. Dr Spence, an oncologist, palliative care specialist, and health justice activist will speak at “The End in Mind – Psychedelic Medicines & Ending Well” EndWell Conference taking place virtually on October 14, 2021. Dr Spence is also a featured speaker at the “Fantastic Fungi Global Summit – The Transformational Power of Mushrooms” taking place virtually on October 15-17, 2021. “Building access to palliative care and providing effective natural psychedelic medicines is at the heart of our work,” said Psyence Group CEO Dr Neil Maresky. “We are proud to support Dr Spence in her efforts to ensure equity and innovation as she brings our work at Psyence to the international psychedelic conversation, first at EndWell and then at the Fantastic Fungi Global Summit.” Dr Spence will be in conversation with author Claire Bidwell Smith at 12:45 pm ET on October 14. They are to be featured alongside the CNN personality Van Jones, the singer Melissa Etheridge, psychedelic maverick Rick Doblin. A day later, Dr Spence joins the New York Times writer and best-selling author Michael Pollan and mushroom pioneer Paul Stamets in speaking at the 3 day-long “Fantastic Fungi Global Summit.” Dr Spence’s interview will be broadcast on October 15, 2021, at 9 pm ET. Registration is free at https://fungiglobalsummit.com.

Safe-T Group (NASDAQ:SFET) Ltd has told investors that it expects to report third-quarter revenues of more than $3.2 million, a year-on-year increase of over 125%, bolstered by an acquisition. The company, a global provider of cybersecurity and privacy solutions, said revenues for the nine months ended September 30, 2021, are expected to be more than $6.3 million compared to $3.6 million reported in the equivalent period of 2020. It said the preliminary results for the three-month and nine-month periods include the initial revenue contribution from its recent acquisition of CyberKick Ltd, which was completed on July 4, 2021.

HempFusion (TSX:CBD.U, OTCQX:CBDHF) Wellness Inc. said it and its family of brands plan to immediately expand its already sizeable footprint in the US’s most populous state. That follows the passage of California’s Assembly Bill 45 permitting the retail sale of products containing hemp-derived extracts and CBD, a move the company applauded. “The 2018 Farm Bill removed hemp from the definition of marijuana in the Controlled Substances Act. Now California has passed Assembly Bill 45 that will allow California consumers to purchase food, beverage, dietary supplements and cosmetics manufactured with hemp-derived CBD,” HempFusion (TSX:CBD.U, OTCQX:CBDHF) co-founder and CEO Jason Mitchell said in a statement. “As one of the most compliant CBD companies on the market, HempFusion (TSX:CBD.U, OTCQX:CBDHF)'s family of brands already meets or exceeds California’s new regulatory requirements and welcomes this opportunity to quickly expand our footprint in the state,” he added.

Golden Minerals Company (NYSE-A:AUMN, TSX:AUMN, ETR:7GB) has announced a 38% sequential increase in its third-quarter 2021 payable production to 4,942 gold equivalent ounces from its Rodeo gold-silver open pit mine in Mexico, consisting of 4,777 gold ounces and 12,196 ounces of silver. As well, the company said its average gold grade processed in 3Q increased to 4.0 grams per tonne (g/t) from 3.6 g/t during 2Q.

XPhyto Therapeutics Corp. (CSE:XPHY, OTCQB:XPHYF) announced that its drug formulation and development business is advancing “multiple generic and hybrid-generic programs” for neurotherapeutics. In a development update, XPhyto said its drug formulation business is focused on “scalable, low-cost” development opportunities that have “expedited pathways” to regulatory approval. "XPhyto's strategy is to advance its thin-film technology platform to develop innovative formulations of generic and hybrid-generic drugs. In 2021, we have completed the pilot study for our lead program and are expecting to complete pilot studies for our three cannabinoid drug formulation programs in 4Q 2021 and 1Q 2022," XPhyto CEO Hugh Rogers said in a statement.

Mandalay Resources Corp, the metals miner, reported that Australia-listed Equus Mining Ltd (ASX:EQE) will buy its Cerro Bayo mine in Region XI, Southern Chile, having now exercised a 2019 option on the asset. The transaction is due to be completed on December 1 this year and Equus will buy the project, including all its mining properties, resources and mine infrastructure as well as a 1,500 tonnes per day (tpd) processing plant. In exchange, Mandalay will receive 19% of Equus’ share capital and a 2.25% net smelter royalty (NSR) on production from the Cerro Bayo mining claims once the mine has produced at least 50,000 ounces of gold equivalent, subject to a re-purchase option in favour of Equus.

Else Nutrition Holdings Inc (OTCQX:BABYF, TSX-V:BABY) said that it will proceed with an online distribution agreement with Walmart.com by November 2021 with the launch of its Plant-Based Complete Nutrition product range for Toddlers and Kids. The Israel-based food and nutrition company announced the Walmart.com distribution agreement in August and has since added additional listings, including Complete Nutrition Shakes for Kids. “This is another great development for the company, enabling Else to market both our Toddler and Kids product line on one of the world’s largest online marketplaces,” CEO and co-founder, Hamutal Yitzhak said in a statement. “Not only will this further accelerate our already rapid growth of online sales, but it also serves as a paramount piece to the introduction of our Kids product line to the wanting families from coast to coast,” she added.

Clean Air Metals Inc (TSX-V:AIR, OTCQB:CLRMF). has paid C$1 million to Rio Tinto Exploration Canada Inc. (RTEC) to maintain the Escape Lake property option. Clean Air Metals said it made the payment on behalf of Benton Resources Inc. under the terms of the definitive option agreement between the company and Benton to satisfy a payment requirement of Benton under its pre-existing option with RTEC. Clean Air Metals acquired an option to receive a 100% interest in the Escape Lake property, subject to a 1% net smelter return royalty to be retained by RTEC.

Mirasol Resources Ltd. (TSX-V:MRZ, OTC:MRZLF)has released an update on two partner-funded projects located in the province of Santa Cruz, Argentina. The South American-focused company has seven partner-funded projects, and two additional properties it is funding solely. At the Libanesa project in Argentina, Mirasol has executed a definitive agreement granting Golden Arrow Resources Corp (TSX-V:GRG, OTCQB:GARWF)oration an option to acquire a 75% interest in the project. A surface exploration program conducted by Golden Arrow is to start shortly to refine drill targets, with a maiden drill program planned for 1Q 2022.

ESE Entertainment Inc said its wholly-owned esports team, K1CK, is releasing its first set of non-fungible tokens (NFTs) on October 14, 2021, at 10 AM EDT. The company noted K1CK NFTs will be available on one of the world’s first and largest NFT marketplaces, OpenSea, with the first batch of NFTs paying tribute to two of the team’s biggest stars - League of Legends player, Łukasz "Puki Style" Zygmunciak, and Apex Legends player, Jose Domingo “Uxako” Llosa Mesías.

Manganese X Energy Corp released a project update and the results from its Phase III processing and metallurgical work in conjunction with the preliminary economic assessment (PEA) that is currently underway. The battery metals-focused firm is working to develop its Battery Hill project towards production, with the intent of supplying value-added materials to the lithium-ion battery and other alternative energy industries. The Phase III metallurgical work continues to produce flowsheet improvements that represent significant cost reductions in the production of high-grade battery material for the EV and stored energy material applications, the company said.

Fobi AI (TSX-V:FOBI, OTCQB:FOBIF) Inc. has entered into a service agreement with Empower Clinics Inc. (CSE:CBDT, OTCQB:EPWCF) to integrate its artificial Intelligence data applications and wallet pass platform into Empower’s Kai Care coronavirus (COVID-19) testing product. The service agreement involves the integration of Fobi’s Wallet pass platform into the Kai Care COVID-19 testing product and back-end lab management system. It will create a much more secure and seamless next level of digital customer experience for not only COVID-19 tests, receiving results and providing verification of a negative COVID test, but for all other future testing applications as well. As part of the Kai Care testing process, all customers will now have the ability to download a Kai Care Wallet pass directly into the native wallet in all Apple and Android mobile phones. The Kai Care pass will then be used for delivering test results directly to the mobile wallet in a safe and secure format.

BetterLife Pharma Inc (CSE:BETR, OTCQB:BETRF). revealed early positive in vitro results of its proprietary inhaled interferon alpha-2b product, AP-00, from a preclinical study at Dr Stephen Barr’s Lab at the ImPaKT Facility, at the Schulich School of Medicine and Dentistry, in Western University, Ontario. The Vancouver, British Columbia-based biotechnology company said early data on its recombinant human interferon alpha-2b (rhIFN⍺2b), or AP-003 product shows “potent anti-viral activity against the SARS-CoV-2 Delta variant (up to 97% protection in human cells infected with the virus).” The Delta SARS-CoV-2 variant (B.1.617.2, India outbreak) causes more infections and spreads faster than earlier forms of the virus and leads to more severe illness in unvaccinated people, according to the US Centers for Disease Control and Prevention.

CO2 GRO Inc (TSX-V:GROW, OTCQB:BLONF). has announced funding from the government of Canada’s CanExport Program that will help it expand and diversify its international business scope. The ongoing CanExport Program is a financial contribution mechanism for early-stage Canadian small and medium-sized enterprises (SMEs) for international business development activities. The program focuses on export marketing activities of existing products and services in foreign markets. It is delivered by the Canadian Trade Commissioner Service (TCS) Global Affairs Canada, in partnership with the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP).

Harbor Custom Development, Inc. said it has closed on the purchase of a 4.31-acre property permitted for the construction of 75 condominium units in Yelm, Washington for $3,325,000. Yelm is located 22 miles from Washington State's capital of Olympia to the south and 32 miles north to the downtown Tacoma job market. It offers easy access to several outdoor recreational opportunities such as the Yelm Tenino trail. Harbor anticipates the one, two and three-bedroom units will be priced starting in the low $300,000s and fill a significant need in the local marketplace. In a statement, Sterling Griffin, president and CEO of Harbor commented: “Offering condominiums starting in the low $300,000s provides us the opportunity to cater to first-time homebuyers who have been largely neglected in the new construction marketplace. As home values and rental rates continue to escalate at unprecedented levels, we believe the pent-up demand for affordable housing provides a significant opportunity for our company.”

Phunware, Inc. said it has partnered with Cooper Lighting Solutions, a business unit of Signify, to integrate its Multiscreen-as-a-Service (MaaS) with Trellix, an IoT platform for commercial buildings. Headquartered in Peachtree City, Georgia, Cooper Lighting Solutions provides professional lighting, lighting controls and connected lighting for both indoor and outdoor use under numerous North American brand names such as Corelite, Halo, McGraw-Edison and Metalux. Trellix is designed to improve commercial building efficiency and occupant experience by more efficiently aggregating data provided by WaveLinx connected lighting systems and delivering actionable insights. In a statement, Randall Crowder, COO of Phunware said: “Together, Cooper Lighting Solutions and Signify represent the world leader in lighting, so we are thrilled to integrate our platform with Trellix and offer one of the most advanced platforms available today that is designed to better manage any smart space. MaaS is designed to better engage people on mobile, so the data provided by Trellix will help us ensure this engagement is meaningful, targeted and contextual.”

Ayurcann Holdings Corp. (CSE:AYUR) (CSE:AYUR), a Canadian cannabis extraction company specializing in the processing of cannabis and hemp for the production of oils and derivative products, said it has entered into a patient-referral agreement with ReLeave Therapeutics, a leader in providing expert guidance and access to managing discomfort with medicinal cannabis and other alternative medicines. Under the partnership, ReLeave will send medical cannabis patients to Ayurcann through a patient education agreement. Ayurcann will work with the patients to educate them on their available offerings and help them select appropriate products.

Golden Arrow Resources Corp (TSX-V:GRG, OTCQB:GARWF) said it has executed a definitive option agreement to acquire a 75% undivided interest in the Libanesa project in Argentina’s Santa Cruz province from Mirasol Resources Ltd. (TSX-V:MRZ, OTC:MRZLF) The company said it plans to mobilize an exploration team to Santa Cruz this month to complete additional surface work, which may include geophysical surveying, with the intent of refining the targets for a drill program to start in the first quarter of 2022.Libanesa is a 14,500-hectare silver-gold (lead) project at the northeastern margin of the Deseado Massif gold-silver metallogenic province. It is about 70 kilometres (km) west of the port of Puerto Deseado, 40 km northwest of the Cerro Moro Mine operated by Yamana Gold (TSX:YRI) Inc and 100 km northeast of the Don Nicolas mine operated by Cerrado Gold Corp. "Our team is eager to move forward on this highly prospective project and we are finalizing the field programs to quickly and efficiently advance the targets towards discovery," chairman, president and CEO Joseph Grosso said in a statement.

Psyched Wellness (CSE:PSYC, OTCQB:PSYCF) Ltd. has got a cash injection from psychedelic medical intervention investment fund, Negev Capital which has invested an undisclosed amount into the life sciences company focused on the production and distribution of artisanal functional mushrooms. In a statement released by Negev, Jeff Stevens, CEO Psyched Wellness (CSE:PSYC, OTCQB:PSYCF) said: ''Negev Capital taking on a position at this stage is an acknowledgement of confidence and supporting the future growth of the company.'' Negev Capital, with assets of US$20-plus million, invests in drug discovery, with a focus on preclinical and/or Phase 1 stages of development. It aims to support those early-stage companies in need of capital that promote the thoughtful, responsible, medical use of psychedelic medication for psychiatric disorders, and who have excellent management and science teams, and solid IP. "We are very excited to report our initial investment and expected ongoing partnership with Psyched Wellness (CSE:PSYC, OTCQB:PSYCF). They recently announced that they have begun multiple preclinical studies on their Amanita Muscaria Extract (AME-1), focused on the extract's neurobehavioral efficacy (particularly on sleep and anxiety) and safety. Their hope is that they will be able to bring AME-1 to market in 2022 as the first extract from psychedelic mushrooms that is legal for human consumption in the health and wellness markets. Their longer-term goal is to achieve FDA approval for the medical market," said Ken Belotsky, partner at Negev Capital.

African Gold Group Inc has told investors that its exploration permit for Kobada-Est had been renewed and extended for three years until October 6, 2024, opening the door to further expanding the resource at its flagship Kobada project in Mali. The Kobada-Est concession covers over 7,000 hectares (Ha) and is one of a group of permits on the western flank of the Bougouni basin. It forms part of what is believed to be 55 kilometres (km) of shear zone strikes. Recent trenching there generated positive results. One of the three trenches at the Kobada-Est Shear zone was 30 metres (m) long, 22m of which was mineralised at 1.1 grams per ton (g/t) gold.

Vicinity Motor Corp. (TSX-V:VMC) told investors it expects to report fiscal 2022 revenue of more than $140 million as it benefits from new partnerships and deals with backlogs. Adjusted underlying earnings (EBITDA) are likely to be over $10 million with significant potential upside, it added in a corporate update. The Vancouver, British Columbia-based company also said it expects to complete deliveries of over 95 Vicinity Classic buses, 75 Vicinity Lightning EV (electric vehicle) buses and chassis, 200 VMC 1200 EV trucks, and 300 Vicinity Optimal EVs in 2022. For 2021, it said the total number of Vicinity Classic buses delivered is likely to reach over 130.

District Metals Corp. (TSX-V:DMX) announced that it has completed the acquisition of a 100% interest in the polymetallic Gruvberget property in the prolific Bergslagen district of Sweden from Explora Mineral AB. Gruvberget spans 5,286 hectares (Ha), has a north and south zone, and lies 35 kilometres to the northwest of the company's Tomtebo property. District Metals CEO Garrett Ainsworth described the Gruvberget property as an “excellent addition” to the company’s robust portfolio of prospective polymetallic properties in the Bergslagen district.

Benchmark Metals Inc said it has selected First Nations groups to carry out baseline work to support the environmental assessment (EA) for permitting of its flagship Lawyers gold-silver project in the Golden Horseshoe of British Columbia. The Tsay Keh Nay (TKN) are Sekani speaking Indigenous peoples including the Tsay Keh Dene Nation (Tsay Keh), Kwadacha Nation (Kwadacha) and Takla Nation (Takla), collectively known as the 'Partner Nations'. "We are impressed with the professionalism and quality of the work by TKN," John Williamson, CEO of Benchmark told investors in a statement. "The start of baseline work in parallel with project development keeps the project on the path to Environmental Assessment readiness decision in 2023, ensures continued early engagement with our Partner Nations and facilitates transparent and fluid communication as the project develops collaboratively."

First Mining Gold Corp. (TSX:FF, OTCQX:FFMGF) has announced the appointment of James Maxwell as its vice president, Exploration effective October 25, 2021. The company noted that Maxwell is a professional geoscientist with over 20 years of industry experience with a focus on exploration and development of orogenic gold discoveries, and has been part of discovery teams responsible for five major gold discoveries in Nunavut and Red Lake, Ontario. In a statement, Dan Wilton, CEO of First Mining said: "We are very pleased to have James joining the First Mining team. His strong background in Red Lake geology, his experience at Sabina in adding value to existing deposits through regional exploration, and his passion for discovery make him an ideal candidate to lead First Mining's efforts to surface the significant geologic potential of our portfolio of Canadian gold projects."

Pacific Empire Minerals Corp. has announced the appointment of Samantha Shorter to its board of directors and said she has also been appointed to the company's Audit Committee and will serve as chair of that committee effective immediately. In a statement, Brad Peters, CEO of Pacific Empire commented: "We are pleased to welcome Samantha to Pacific Empires' Board of Directors. She brings a wealth of financial and operating expertise, and she will be a valued member of our board and advisor to our executive team." The company noted that Shorter is a senior finance and accounting professional with 15 years of experience in the mineral exploration sector and has served as CFO of various junior mining companies. She has extensive international experience with development projects as well as operating assets. In addition, the company also announced that it has closed the purchase transaction, originally announced on September 27, 2021, with Aurwest Resources Corporation whereby Pacific Empire sold its 50% interest in the Stars Property, a copper porphyry project, covering 2,136 hectares contiguous to Aurwest's Stellar Property in central British Columbia.

Lumina Gold Corp (TSX-V:LUM, OTCQX:LMGDF) has been rated 'Outperform' by broker Raymond James (NYSE:RJF) due to the attractive characteristics of its flagship Cangrejos project in Ecuador and the quality of its management. The gold explorer recently closed a financing, raising gross proceeds of around C$24 million to advance the asset through drilling ahead of a pre-feasibility study (PFS). "Drilling is expected to begin in Nov-2021 with a planned 9-month, 30,000m program. A PFS will provide further rigor on project economics and allow for LUM to begin construction permitting and negotiate an Investment Protection Agreement which would further de-risk the project," the broker’s analysts said.

Predictmedix Inc. (CSE:PMED, OTCQB:PMEDF) has announced the official launch of its next-generation, revamped corporate website - www.predictmedix.com - reflecting ongoing efforts to provide up-to-date information for both prospective customers and investors. The new website has been designed to be more dynamic, user friendly and content rich - best showcasing the company's AI technologies for health and safety in workplaces and healthcare. "Our new website will give Predictmedix an enhanced online marketing presence that highlights our AI-powered products for corporate customers and investors," said Dr Rahul Kushwah, chief operating officer of Predictmedix. "With a focus on automated rapid screening for COVID-19 in offices, manufacturing, warehouses, seniors' facilities and at large events, the website better demonstrates our wide array of solutions to generate new sales leads."

Playgon Games (TSX-V:DEAL, OTCQB:PLGNF) Inc. has announced that each of the matters set forth in the company's management information circular dated September 10, 2021, were approved by shareholders at the company's annual general and special meeting of shareholders held on October 8, 2021. The matters put forth at the meeting for approval included: (i) the election of Darcy Krogh, Guido Ganschow, James Penturn, Michele (Mike) Marrandino, William Scott and Jason Meretsky as directors of the company, (ii) the appointment of D&H Group LLP as auditors of the company, and (iii) the ratification and approval of the company's 10% "rolling" stock option plan in accordance with the requirements of the TSX Venture Exchange. The total percentage of shares voted by the shareholders either in person or by proxy was approximately 62.69% of all shares eligible to be voted at the meeting and all matters put forth to the shareholders received a minimum of 99.31% of votes cast for such matters by the shareholders present in person or represented by proxy at the meeting. The AGM presentation and message from the CEO are posted on the company website.

Versus Systems Inc. (NASDAQ:VS, CSE:VS) has said that Matthew Pierce, its CEO will be presenting at the 14th annual Main Event on Wednesday, October 13, 2021, at 1.00pm PT at the Luxe Sunset Bel-Air in Los Angeles. “Versus Systems is pleased to be presenting at the LD Micro Main Event this year. We are excited to be able to share updates on our progress as a NASDAQ-listed company in-person to the investment community,” said Pierce. Investors can register to watch the virtual presentation via the following link: https://me21.mysequire.com/. The three-day, investor conference is expected to feature around 150 companies, presenting for 25 minutes each, as well as several influential keynotes in person.

BioHarvest Sciences Inc. (CSE:BHSC, OTC:CNVCF) has invited its shareholders and the general public to join a Live Video Conference Webinar on Thursday, October 14, 2021, at 2.00pm Eastern Standard Time (11.00am Pacific Standard Time). BioHarvest said its CEO Ilan Sobel will host the event, which will include a report on all major 2021 priorities, including a detailed performance update on the commercialization of the company's two primary product verticals, Superfruit Nutraceuticals and Cannabis/Hemp. "I am excited to share with you the details behind our 3rd quarter strong performance," said Sobel. "On the update call, I will discuss the progress we have made this year, the foundational capabilities we have built, and the significant steps we will be taking towards the realization of our biotech vision." The presentation will be approximately 45 minutes, followed by a live question and answer session. All shareholders, media, and interested investors are welcome to join. All registrants will be emailed a recording of the session and can register at: https://app.livestorm.co/st-financial/october-2021-bhsc-shareholder-update?type=detailed

OTC Markets Group Inc. (OTCQX:OTCM), the operator of financial markets for 11,000 US and global securities, has announced that Q.E.P. Co., Inc. (OTC:QEPC), a leading global provider of hiqh quality flooring installation solutions, has qualified to trade on the OTCQX Best Market and has today upgraded 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. Lewis Gould, Q.E.P. Co. executive chairman, commented: "Upgrading to the OTCQX is an important step for QEP. This move will increase our exposure within the investment community and provide greater access to stockholders seeking to take part in QEP's growth. This move also demonstrates our commitment to delivering a high standard of compliance, disclosure and corporate governance."

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK