American Manganese Inc announced that Paul Hildebrand, LlB., PhD., has been appointed a director of the Company. Hildebrand has been a practicing lawyer in British Columbia for over 40 years and has a doctorate in economics in addition to his law degree and Master of Science degree in mathematics. He was previously a director of AMY from 2007 to 2013. The company's board of directors has granted Hildebrand 400,000 stock options with an exercise price of $0.80 per share and expiring five years later. Larry Reaugh, CEO of American Manganese, said Hildebrand has proven his abilities especially in the field of litigation and is a welcome addition to the company.
Deep-South Resources Inc (TSX-V:DSM). will extend the exercise period of the first tranche of 800,000 share purchase warrants for a further two years term and the second tranche of 2,731,500 share purchase warrants for a further two years term. The warrants which are exercisable at a price of $0.20 per common share, were scheduled to expire for the first tranche November 22, 2021 and for the second tranche March 5, 2022. Upon receipt of TSX Venture Exchange acceptance of this transaction, the warrants will expire after the close of business for the first tranche on November 22, 2023, and the second tranche March 5, 2024. The share purchase warrants were originally issued pursuant to a 7,125,000 units private placement, which closed on November 22, 2018, and March 5, 2019.
Esports Entertainment Group Inc and its EGL brand have announced a partnership agreement with NetEase to become its official North American esports tournament and broadcasting provider for Naraka: Bladepoint, running the entirety of the Morus Cups seasons one, two, and three, which is being held between September and November 2021. The partnership is another six-figure source of revenue for Esports Entertainment, according to the company.
Ascendant Resources Inc has announced the appointment of Clinton Swemmer as the company’s new vice president of technical services. Swemmer, a project delivery executive with experience completing technical studies for development-stage projects, is expected to help facilitate the development of Ascendant’s Lagoa Salgada volcanogenic massive sulphide (VMS) project as it progresses into the feasibility stage.
Ketamine One (NEO:MEDI.AQN) Capital Limited (LSE:CAPD) has said the details of its common shares' listings on the OTC markets and the Frankfurt Stock Exchange has changed. The changes come after its spin-out transaction of Milgauss Investments Ltd, announced earlier this year. The Vancouver, British Columbia-based company told its investors that as of October 15, 2021, Ketamine One (NEO:MEDI.AQN)’s common shares will be listed under a new CUSIP number (492556105) and ISIN number (CA4925561058). On the Frankfurt Stock Exchange, the psychedelic company’s listing has its stock ticker symbol changed from ‘MYO’ to ‘6FC’, while the new WKN number is ‘A3C5JN’. Ketamine One (NEO:MEDI.AQN) is also working with OTC markets and other applicable regulatory agencies to become ‘15c2-11 Certified’ under Rule 15c2-11 of the Securities and Exchange Commission of the United States.
Vicinity Motor Corp. (TSX-V:VMC)has said it will attend and showcase its vehicles at the CALACT 2021 Autumn Conference & Expo taking place October 26-29 in Monterey, California at the Monterey Plaza Hotel. The California Association for Coordinated Transportation (CALACT) is the largest state transit association in the United States, representing California small, rural and specialized transportation providers statewide. CALACT has over 300 members and is dedicated to promoting professional excellence, stimulating ideas and advocating for effective community transportation. "The conference brings together CALACT members from across California and we are looking forward to showcasing our flagship vehicles for them," said William Trainer, founder and CEO of Vicinity Motor Corp. (TSX-V:VMC) "We are working diligently to introduce our products to the nation-leading California market in conjunction with our valued distribution partner, ABC Companies. This event affords attendees the opportunity to see our products firsthand and allows us to demonstrate Vicinity as the OEM supplier of choice for transportation providers' fleets state-wide."
BioPorto (NASDAQ COPENHAG:BIOPOR) A/S said its board of directors has convened an extraordinary general meeting (EGM) for November 15, 2021, at 3.00pm (CET) at the company’s address Tuborg Havnevej 15, st., DK-2900 Hellerup, Denmark. The meeting has been called to propose the election of Peter Mørch Eriksen as a new member of the board of directors. Assuming Peter Mørch Eriksen is elected, Thomas Magnussen will resign from the BioPorto (NASDAQ COPENHAG:BIOPOR) board following the EGM, where the board also expects to appoint Christopher Lindop as its new chairman. The board will also propose that the authorization in articles 17a of the Articles of Association be increased by 10,000,000 to 20,000,000 warrants, provided that the authorization remain subject to the existing limitation that the aggregate number of outstanding warrants shall not exceed the equivalent of 10% of the company’s share capital from time to time. The authorization will further remain subject to other existing terms and conditions, including the expiration date of 29 April 2023. And also proposes that the general meeting authorizes the chairman of the general meeting, with a right of substitution, to file the resolutions adopted with the Danish Business Authority and to make such amendments as the Danish Business Authority may require in order to register or approve the resolutions adopted.
i-80 Gold Corp said it has filed a technical report prepared for the Lone Tree Property, in accordance with Canadian Securities Administrators' National Instrument 43-101. The independent report, dated October 21, 2021 (effective date July 30, 2021), titled 'Technical Report on the Mineral Resource Estimates for the Lone Tree Deposit, Nevada' was completed by GeoGlobal LLC. The report can be found on the company website and under the company's profile at www.sedar.com
Ximen Mining Corp (TSX-V:XIM, OTCQB:XXMMF). said it has arranged a non-brokered private placement of 4,545,456 flow-through (FT) shares at a price of $0.22 cents per share for gross proceeds of $1 million. Each FT share consists of one common share that qualifies as a "flow-through share" as defined in subsection 66(15) of the Income Tax Act and one transferable common share purchase warrant. Each whole warrant will entitle the holder to purchase, for a period of 36 months from the date of issue, one additional non-flow-through common share of the Issuer at an exercise price of C$0.35 per share. The net proceeds from the offering will be used by the company for exploration expenses on the company's British Columbia mineral properties. A finder's fee may be paid to eligible finders in accordance with the TSX Venture Exchange (TSX-V) policies. All securities issued pursuant to the offering will be subject to a hold period of four months and one day from the date of closing. The offering and payment of finders' fees are both subject to approval by the TSX-V.
Heritage Cannabis Holdings Corp. (CSE:CANN, OTCQX:HERTF) said that further to its press release of September 13, 2021, regarding its term sheet with Merida Capital Partners III LP and Merida Capital Partners IV LP to fund the Company’s entry into the state of Missouri, it has entered into a Note and Warrant Purchase Agreement, dated October 18, 2021, under which Merida Fund III and Merida Fund IV have loaned the company an aggregate amount of USD$1.5 million. On closing, the company issued a promissory note to Merida Fund III for a principal amount of USD$660,000, set to mature on October 18, 2023. The note has an interest rate of 15%, which shall be paid in common shares of the company and the principal amount may be also repaid in common shares. The company also issued warrants to each of Merida Fund III and Merida Fund IV equal to 50% of the aggregate number of conversions hares that would be received upon conversion of 100% of the aggregate amount of principal outstanding under the Note. The company has also issued 696,942 shares to each of Merida Fund III and Merida Fund IV as a commitment fee for this transaction, representing U$31,250 divided by 90% of the volume-weighted average price per common share as reported on the Canadian Securities Exchange for the 30 consecutive trading days preceding such issuance. The shares issued in connection with the commitment fee were issued at a price of C$0.0556 per share. All the securities issued are subject to a standard four-month hold under applicable securities laws.
Karora Resources Inc announced its senior management will host a conference call/webcast on November 8, 2021 at 10:00 a.m. EST to discuss the corporation's third quarter 2021 results. Karora plans to issue a news release containing third quarter 2021 results before markets open on Monday, November 8, 2021.
Water Tower Research has issued an updated note on Clean Spark Inc, which can be accessed via the following link: https://www.watertowerresearch.com/content/key-events-update-purchased-bitcoin-mining-machines-transitioned-mining-power-announced-investments-and-launched-update-to-smart-energy-system/