Organic Garage (TSX-V:OG) Ltd reported it was taking part in the OTC Markets’ Consumer Goods & Digital Services Conference taking place virtually on November 4, 2021 at 3pm EST. CEO of the firm Matt Lurie will discuss its expansion strategy for its retail grocery stores as well as the manufacturing capacity for its plant-based foods company, Future of Cheese, which recently launched its dairy-alternative 'Future of Butter' line and announced its first distribution deal. The event will be a live, interactive online event where investors are invited to ask the company questions. An archived webcast will be made available for attendees who cannot join the event live on the day of the conference. The webcast registration link is https://bit.ly/3vbzc3X.
Heritage Cannabis Holdings Corp warrants, which were listed on May 7, 2019, will expire on Nov. 8, 2021, the company said. All trades on Nov. 4, 2021, and Nov. 5, 2021, will settle for cash on the next day. Trades on Nov. 8, 2021, will be for cash on the same day. The warrants will be halted at noon and will be delisted at the market close on Nov. 8, 2021.
Esports Entertainment Group Inc has launched an underwritten registered public offering of 1.5 million shares of preferred stock. Under the scheme, the company said it is offering its 10% Series A Cumulative Redeemable Convertible Preferred Stock, par value $0.001 per share, for $10 each. Each share of preferred stock will be convertible into shares of Esports’ stock at a conversion price of $17.50 apiece at any time at the option of the holder. It expects to grant the underwriters a 45-day option to purchase an additional 225,000 shares of the preferred stock at the public offering price, less underwriting discounts and commissions.
TRACON Pharmaceuticals (NASDAQ:TCON) Inc said it has ended its third quarter 2021 with cash and equivalents of $29.9 million as of September 30, 2021, as the company expects to file an investigational new drug application (IND) and initiate a Phase 1/2 trial of YH001 combined with envafolimab in soft tissue sarcoma subtypes in early 2022. TRACON also noted it anticipates initiating trials of YH001 in other indications in combination with approved standard of care agents in late 2022.
Australis Capital Inc, which also operates as Audacious, announced that it has entered into an agreement with Golden Triangle Health (GTH) — a southeast Asian food manufacturer and distributor based in Thailand — forming a strategic partnership to produce GTH’s private label products and co-packaging lines. The company said that the focus is to develop GTH into the most meaningful CBD player in the Asian market. Audacious will provide advisory services, operational intelligence, including cultivation, manufacturing, product development, and expansion of brand visibility in Thailand. The Las Vegas-based company said that it is anticipating becoming an export partner for GTH's Thai product portfolio, to include CBD and hemp consumables, topicals, and other hemp-derived commodities. Products will be sold under the GTH brand, as well as through B2B channels under white label agreements.
Vuzix Corporation (NASDAQ:VUZI) said it has received a follow-on order for the deployment of its Smart Glasses to another Fortune 50 customer. The company noted that the unnamed customer will use the Vuzix Smart Glasses to support its supply chain operations internationally. Vuzix said the coronavirus (COVID-19) pandemic has continued to create global supply uncertainties, disruptions, and inflationary forces which are forcing companies of all sizes to better manage their supply chains.
Infield Minerals Corp reported encouraging findings from this year's ground geophysical survey at its wholly-owned Desperado project in Nevada, which the company said pointed to a potentially sizeable mineralized system. The exploration group commissioned TMC Geophysics to carry out ground magnetic (MAG) and induced polarization (IP) geophysical surveys at the asset from July 24 to October 4, 2021. The work comprised 158 line-kilometers of MAG and 88 line-kilometers of IP readings and the results have led to the identification of over 40 anomalous IP trends across the Desperado property, 12 of which have been prioritized for follow-up field investigation.
Kootenay Silver Inc announced another big silver intercept at its Columba silver project in Mexico. Results from three holes on the D Vein at the project included one intercept of 453 grams per ton (g/t) silver over 29.9 metres, including 1,915 g/t silver over 0.85 metres, according to a release from the company. Another hole intersected 193 g/t silver over 14.56 metres, including 592 g/t silver over 0.75 metres, while a third hole returned 98 g/t silver over 77 metres, including an intercept of 1,100 g/t silver over 1 metre.
Predictmedix Inc announced the launch of the ThuraPass Safe Entry Program in partnership with Uptown Sports Marketing and Connectus Global, providing coronavirus (COVID-19) risk mitigation for attendees and staff within the sports and entertainment industry. The ThuraPass Safe Entry Program premiered October 1, 2021, at the 2021 Red Bull Moto Grand Prix of the Americas at the Circuit of the Americas in Austin, Texas. The premiere was well-received and rolled out for its first major deployment at the 2021 Formula One United States Grand Prix in Austin. Over 400,000 attendees at the Circuit of the Americas attended the premiere.
Altiplano Metals Inc has reported on assay results from the first seven drill holes of its ongoing exploration drilling program at the Farellon copper-gold (Cu-Au) mine near La Serena, Chile. The company also said drilling has completed an additional four holes on the second drill pad to the NE intersecting the vein system. These four holes demonstrate similar mineral properties to previous drilling including confirmation of the vein extension along strike and down dip. Drilling has now moved to Drill Pad 3 to complete the drill program. "I am pleased to see continuity of the vein along strike and down dip from our current workings in structure, and now confirmed with grade,” said Altiplano CEO Alastair McIntyre in a statement. “Assay results from these seven holes are very similar to grades that we observed in our previous drill program at higher levels and from the recovery of copper through our mining operations."
Else Nutrition Holdings Inc (OTCQX:BABYF, TSX-V:BABY) has continued its bid to become a global brand in the health nutrition space, the firm said, as it outlined key sales growth drivers for 2022. The Israel-based company develops plant-based food and nutrition products for infants, toddlers, children, and adults, and noted that in the fourth quarter this year, it will start selling products on Walmart’s and Kroger’s online platforms, including its Kids Shakes.
Altamira Gold Corp revealed positive news from its ongoing drill campaign at the Mutum target on its Apiacas project in Brazil. According to the company, diamond drilling at the target has intersected zones of disseminated sulphide mineralization associated with shear zones within altered granitic rocks. Five holes totalling 1,003 metres were sunk in the area to investigate both the chargeability anomalies and the depth extension of the surface gold mineralization, the company said.
Nextleaf Solutions Ltd announced the launch of Distilled CBD Oil and Distilled CBD 200 Oil under its prohibition-era brand Glacial Gold. The Vancouver-based company said that its Distilled CBD 200 Oil is a first in Canada's adult-use and medical markets with the highest amount of CBD in a single unit (5700 mg), highest potency of CBD available in an ingestible oil format (200 mg/g = 20%), and best dollar value per milligram for CBD in both the legal and illicit markets in Canada. "We are proud to be the first company to launch a high-potency CBD product in Canada. By leveraging Nextleaf's competitive advantage producing high-purity distillate at scale, we are able to offer the line-up of Glacial Gold CBD products at disruptive price points," said Nextleaf CEO Paul Pedersen in a statement.
Fidelity Minerals Corp has announced that permitting activities have begun ahead of a pending exploration drilling program at its 50%-owned Core Las Huaquillas (CLH) precious and base metal property in Peru. The permitting process, which is expected to be completed by March 2022, will include environmental monitoring, a water use permit, an archaeological report, and all other activities required to obtain a permit to conduct drilling operations.
American Resources Corporation (NASDAQ:AREC) revealed that it has completed the retrofit and rehab of its 1,300 ton per hour processing plant at its Perry County Resources (PCR) complex to begin to recover middling product during the carbon cleaning process. The Fishers, Indiana-based supplier of raw materials to the rapidly growing global infrastructure market, estimated that the upgrade would increase the overall yield by over 5%. It said it will also reduce operating costs, resulting in a very attractive internal rate of return for the company. In a statement, American Resources COO Tarlis Thompson said: "When we acquired the Perry County complex two years ago, it … needed significant rehabilitation to bring it back to its former operating capabilities. Our team has accomplished a majority of the daily run time items to more efficiently and effectively operate the complex, including reducing magnetite waste, downtime, utility costs and improved workforce efficiency and safety.”
Pacific Empire Minerals Corp (PEMC) said it has staked three mineral tenures totaling 5,441 hectares, which will be known as the Abby property, located adjacent to Northwest Copper Corp's Kwanika property in British Columbia. The company noted the Abby property is also adjacent its Pinnacle property.
Kenorland Minerals Ltd (TSX-V:KLD) said it has closed a $5.2 million strategic investment by Sumitomo Metal Mining Canada Ltd, which will be used to fund exploration and for general and administrative expenses. Sumitomo subscribed for and purchased 5,211,945 common shares at $1 per share for aggregate gross proceeds of $5,211,945, giving it approximately 10.1% of Kenorland’s outstanding common shares. “We are delighted to welcome Sumitomo Metal Mining as a strategic investor in Kenorland,” president and CEO Zach Flood said in a statement. “Sumitomo’s investment is a significant milestone for us and represents a strong endorsement of our team, the Frotet project, and our additional projects and partnerships within the exploration portfolio. We look forward to continued success and building an even stronger relationship with our newest significant shareholder.”
Mydecine Innovations Group Inc (OTC:MYCOF, NEO:MYCO) announced that it filed a patent application that would allow the company to create formulations utilizing nanoemulsion technology to enhance, stabilize and make repeatable properties of ingredients from traditional medicines. Nanoemulsion is an advanced mode of drug delivery that has been developed to overcome the major drawbacks associated with conventional drug delivery systems. The Denver, Colorado-based company said that this technology is critical to the company's active drug development as it provides increased control in delivery, which is an essential feature in microdosing and customizing dosages.
GR Silver Mining (TSX-V:GRSL) Ltd has announced that underground reconnaissance drilling at the San Marcial resource area of its Plomosas project in Mexico has “successfully” extended the mineralized breccia 100 meters (m) down dip, below the mineral resource boundary, and has also identified a broad sulfide-rich zone hosted by a volcano-sedimentary unit. The company also said initial logging at the Loma Dorada area has identified a set of northeast trending quartz-sulphide veins, interpreted to connect with the San Juan area, located 1.2 kilometers (km) to the south. “Despite a number of seasonal setbacks out of the Company's control, we have successfully advanced our reconnaissance drill program, completing 5,500m to date of the proposed 14,000m program,” GR Silver Mining (TSX-V:GRSL) CEO Marcio Fonseca said in a statement.
Revive Therapeutics Ltd (CSE:RVV, OTCQB:RVVTF) said it has entered into a research collaboration agreement with PharmaTher Holdings Ltd., a clinical-stage psychedelics biotech company, to evaluate the delivery of psilocybin with PharmaTher’s proprietary microneedle (MN) patch technology for neuropsychiatric disorders. Revive said PharmaTher is currently conducting Investigational New Drug-enabling research studies with MicroDose-MN, a patent-pending biocompatible and biodegradable gelatin methacryloyl microneedle patch, to deliver psilocybin to support an investigational new drug application with the US Food and Drug Administration for clinical studies in 2022. Research results with MicroDose-MN for psilocybin will be made available in November by PharmaTher.
Soma Gold Corp has reported positive final drill results from the exploration program at its new Cordero gold mine in Colombia ahead of an updated resource statement earmarked for the first quarter of 2022. The company told investors it had now completed 20,786 meters (m) of drilling in 73 holes at the mine and the results have expanded the known gold mineralization 600m along strike and 150m down-dip. "Our drilling program at Cordero has provided very good results. We anticipate a further expansion of the mineral resource and mine life once the updated NI 43-101 Technical Report is completed in 1Q 2022," said Javier Cordova, CEO of Soma, in a statement.
Spyder Cannabis Inc. (TSX-V:SPDR) has announced that its wholly-owned subsidiary, Spyder Cannabis Subco Inc, has received Retail Store Authorization (RSA) from the Alcohol and Gaming Commission of Ontario (AGCO) for its new Offside Cannabis dispensary. The new Offside Cannabis brand was announced last month and is designed and positioned to "deliver a customer-centric operations strategy, and will emphasize providing customers with good value at a reasonable price point," Spyder chief operating office Christina Pan said in a statement. The company said the latest RSA from the AGCO marks the beginning of the new Offside Cannabis brand rollout, replacing its 180 Smoke Vape Store banner at the 5719 Victoria Avenue location, and forms part of its organic growth initiatives.
CytoDyn Inc. (OTCQB:CYDY) has revealed strong updated results from its current cancer study on leronlimab, a monoclonal antibody investigational drug the company is developing, suggesting a sharp rise in survival rates. The study uses varying doses of the drug to treat 28 patients with CCR5+ Metastatic Triple-Negative Breast Cancer (mTNBC), who had failed at least two lines of previous therapy. A 12-month analysis of 28 mTNBC patients receiving leronlimab suggests an increase of 3,600% in 12-month overall survival (OS) in 75% of patients with a lower level of circulating cells after leronlimab induction, or at baseline, compared to a 980% increase in overall survival reported by the company on August 25 this year, the Vancouver and Washington-based late-stage biotechnology company said in a statement. The ongoing updated analysis is from 28 pooled patients, 16 from its Compassionate Use Study, 10 from the Phase 1b/2 Study, and 2 from the basket study.
Cabral Gold Inc (TSX-V:CBR) released new assay results from its drilling campaign on the MG gold deposit that extends the main mineralized zone at depth. Highlights from the nine holes released include one intersection of 9.1 meters (m) at 1.1 grams per ton (g/t) gold and 14m at 1.9 g/t gold, including 2.5m at 7.5 g/t gold. Another hole returned 10.5m at 2.4 g/t gold, including 2m at 4.7 g/t gold, and 2.6m at 2.8 g/t gold, including 0.9m at 7.1 g/t gold, and 8.8m at 0.5 g/t gold.
Ayurcann Holdings Corp announced that it has entered into a medical education agreement with its third partner, Medical Cannabis Practitioners (MMJP), to offer Canadians education and support for medicinal cannabis. The Ontario-based company said MMJP is led by Dr Hugh Mitchell, who has over 30 years of clinical experience with a dedicated staff of registered nurses. His interest in the association of cannabinoids with the human endocannabinoid system is a continuation of a specialized academic interest in neuroendocrine physiology, for which he obtained an MSc prior to his MD from Queen’s University, it added. MMJP is supported by over 400 physicians and has served thousands of patients over the past seven years. The organization helps educate and integrate cannabis into patients’ medical plans and partners with medicinal cannabis providers such as Ayurcann, to ensure that patients are getting top-notch advice with exceptional value.
ESE Entertainment Inc. (TSX-V:ESE) announced that its Digital Motorsports brand will be hosting the first annual Digital Motorsports World Cup on November 28, 2021. Top professional drivers will participate in the esports race using Porsche 911 GT3 cup cars on the iRacing portal, the world’s premier motorsport racing simulation. Six drivers will compete in a state-of-the-art studio with the remaining drivers joining remotely from locations around the globe. ESE said the winner will be awarded 10,000 euros and crowned Digital Motorsports Champion, along with the prestigious trophy, while the runner-up will receive 2,500 euros and the third-place finisher will receive 1,000 euros. Moreover, the top three competitors will receive a motion simulation platform by Qubic System.
Psyched Wellness (CSE:PSYC, OTCQB:PSYCF) Ltd announced that Health Canada has approved its submission to have the Amanita muscaria mushroom added to the Natural Health Products Ingredient Database (NHPID) of Canada. The Toronto-based company said it had submitted the request to add the Amanita muscaria mushroom to NHPID as a medicinal organism after carrying out extensive research work in testing and data gathering on the substance and its extract AME-1. “The addition of Amanita muscaria to the NHPID is a significant achievement and is the result of extensive research that Psyched has undertaken to demonstrate its natural medicinal properties,” said Jeffrey Stevens, CEO of Psyched Wellness (CSE:PSYC, OTCQB:PSYCF) in a statement.
PyroGenesis Canada Inc. (TSX:PYR), which designs, develops, and commercializes advanced plasma processes, provided strong revenue guidance for the third quarter. For the period ended September 30, 2021, the Montreal-based high-tech company expects revenue to be at least $8 million, compared to $8.1 million in revenue for the third quarter of 2020. PyroGenesis expects total revenue of at least $22 million for the nine months ended September 30, 2021, compared to $11 million for the corresponding nine-month period a year earlier.
Naturally Splendid Enterprises Ltd said it has begun installing a new state-of-the-art, automated packaging system at its existing 20,000 square foot food manufacturing facilities, in order to package NATERA plant-based products for the retail markets, food service, and web sales. The company noted the versatile packaging system was selected for the array of products and packaging types it is designed to process, thus optimizing the opportunity to penetrate multiple channels.
Fortitude Gold (OTCQB:FTCO) Corp has posted third-quarter results showing strong production, net income of $4.6 million and a record cash balance of $44.3 million. The junior gold producer also said it is maintaining its 2021 production outlook in the upper range of 45,000 gold ounces after producing 37,593 gold ounces in the first nine months. For the period ended September 30, 2021, Fortitude reported 11,478 ounces of gold produced at $793 per ounce all-in sustaining cost. It reported 1.42 grams per tonne average gold grade mined. Realized metal prices during the quarter averaged $1,789 per ounce gold, with the company clocking up $20.4 million in net sales.
Marble Financial Inc said it has entered a licensing agreement with Debtsadhu Inc, a leading broker of personal loans to collection agency debtors. Under the terms of the agreement, Marble will license Marble Connect, its proprietary application programming interface (API) to Debtsadhu, enabling it to gain roughly 500 new users per month as well as access to customers’ financial credit and banking data. As a result, Marble said it will be able to leverage Debtsadhu’s user data and offer its monetary products to Debtsadhu customers.
Valeo Pharma Inc said it has successfully entered into a product listing agreement (PLA) with the Alberta Minister of Health, for the listing and public reimbursement of Enerzair Breezhaler and Atectura Breezhaler on the Alberta Drug Benefit list effective November 1, 2021. The two innovative asthma therapies are also currently listed for reimbursement under private payer health plans which represent all together 85% of privately covered lives across Canada, the company added. "Expanding access and reimbursement for Enerzair and Atectura throughout Canada is a key milestone for our respiratory program,” Valeo president and chief operating officer Frederic Fasano said in a statement. “We are pleased to report today the first provincial public coverage for both drugs following the recent successful completion of our negotiations with pCPA (pan-Canadian Pharmaceutical Alliance)."
Falcon Gold Corp (TSX-V:FG, OTC:FGLDF) has reported positive exploration results from its Spitfire-Sunny Boy gold project in British Columbia, which have underlined the potential for the presence of an epithermal gold system at the property. The work included grab sampling and so-called backpack drilling (using a small portable drill) and was designed to test six subparallel vein structures, which had been identified at the project previously. "The sampling and backpack drill program has been a success - this further validates the theory of an epithermal gold system by past operators with its high-grade nature," noted Falcon CEO Karim Rayani.
Cloud DX (TSX-V:CDX, OTCQB:CDXFF) Inc has noted that a study in Mozambique using artificial intelligence (AI) to analyze smartphone audio recordings of patient coughs shows a promising outcome for screening and diagnosis of active tuberculosis (TB). The trial, led by Dr Celso Khosa at the Instituto Nacional de Saúde (INS), sought to determine the feasibility of front-line tuberculosis triage using AcuScreen, the smartphone component of Cloud DX (TSX-V:CDX, OTCQB:CDXFF)'s winning Qualcomm Tricorder XPRIZE technology, Vitaliti. The research team recently presented preliminary results at the 52nd Union World Conference on Lung Health.
Viscount Mining Corp (TSX-V:VML, OTCQB:VLMGF) released new sampling results from the third phase of a rock chip program at its Silver Cliff property in Colorado. According to the Vancouver-based company, 28 samples assayed over 100 grams per ton (g/t) silver and 18 samples over 200 g/t silver. Another four samples assayed over 550 g/t silver, including 1,330 g/t and 737 g/t in the northern Kate area, and 692 g/t and 560 g/t in the south Passiflore area.
Cypress Development Corp (TSX-V:CYP, OTCQB:CYDVF) revealed that its plans to develop its Clayton Valley lithium project in Esmeralda County, Nevada, USA have taken a step further as a key water right permit has been granted an extension. In May this year, the company inked a letter of intent (LOI) with a subsidiary of Nevada Sunrise Gold Corp over acquiring water rights, which would allow for the use of 1,770 acre-feet per annum (AFA) for mining, milling, and domestic use. The Nevada Division of Water Resources (NDWR) has now granted an extension to Nevada Sunrise Gold for the Nevada Water Right Permit 44411, said Cypress Development. "The extension of time granted by the NDWR to August 28, 2022, was a key condition precedent for the purchase of the permit by Cypress. The parties will now proceed with the closing of the transaction," the company added.
NEXE Innovations Inc (TSX-V:NEXE, OTC:NEXNF)., a leader in plant-based materials manufacturing, revealed that it has completed the factory acceptance test (FAT) for its assembly, filter form, and dosing automation. The Vancouver, British Columbia-based company said the successful test was finalized on October 26, 2021, at its manufacturing partner's facility in Europe. “This is the first of two custom machines that were ordered by NEXE in February 2020, pre-pandemic,” added the company. NEXE expects the equipment to arrive this month at its headquarters in Vancouver, followed up with a site acceptance test (SAT) conducted by both its operations team and European partners.
BioPorto (NASDAQ COPENHAG:BIOPOR) A/S said it has decided to continue enrolling pediatric patients for its clinical trial on moderate to severe acute kidney injury into the first half of 2022, extending data collection beyond its original goal of December 31, 2021. The Copenhagen-listed firm said the coronavirus (COVID-19) pandemic has continued to impact hospital operations but added that the extended enrollment period does not alter its financial guidance for 2021. “Despite our strong focus on engaging with the participating clinics, enrollment has been slower than planned as COVID-19 still affects the health care sector,” said Christopher Bird, BioPorto (NASDAQ COPENHAG:BIOPOR) chief medical officer in a statement. “Based on actual enrollment figures and the outlook on COVID-19, we have revised our enrollment forecast and now expect to finish data collection in the first half of 2022,” he added.
Quaterra Resources Inc (TSX-V:QTA, OTCQB:QTRRF) has announced the appointment of David Harvey as its vice president of Exploration. The company noted that Harvey is a Nevada-based professional mineral geologist with over 35 years of experience in senior level exploration, mineral resource and reserve development programs with domestic and international assignments. He is an AIPG Certified Professional Geologist and holds a MSc degree in Economic Geology from University of Texas El Paso. "I welcome Mr Harvey to lead in advancing both the current and near-term exploration initiatives of the Company," Travis Naugle, CEO of Quaterra said in a statement.
Royal Road Minerals Limited announced that Ana Gabriela Juárez and former company chief financial officer (CFO) Roderick Corrie have been appointed as new board directors along with Jon Hill as its new non-executive chairman. The company also announced that it has established a specialist advisory board and appointed Hugh Devlin and Guy Wallis as its members. Royal Road said Juárez, who joins the board of directors as a non-executive director, has more than 15 years of management, leadership, consulting, and auditing experience in environmental and social management, environmental and biological monitoring, and permitting in compliance with IFC performance standards, Equator Principles, Towards Sustainable Mining and The Initiative for Responsible Mining Assurance, across mining projects in Latin America.
Tocvan Ventures Corp has announced that it will be proceeding with a non-brokered private placement of up to 1,200,000 units at C$1.00 per unit for gross proceeds of up to C$1.2 million. The company said a lead order for the placement has been established with a prospective long-term shareholder with extensive experience in Mexican mineral exploration and development. “After reviewing many finance options for Tocvan we are extremely pleased to bring on board a strong Long-Term Shareholder that has extensive experience in Mexican Mineral Exploration and Development,” commented Tocvan CEO Derek Wood in a statement. “Our newest Shareholder was an early and significant investor in SilverCrest Metals with a current Market Capitalization of over C$1.5 billion. We feel this bodes well for the future of Tocvan as we continue to move towards definition drilling and bulk sampling at Pilar. We are excited to begin our next phase of drilling at Pilar,” he added.
Pathway Health (TSX-V:PHC) Corp. has announced the issuance of 238,095 common shares in the capital of the company in full satisfaction of an amended and restated convertible promissory note dated January 18, 2021, subject to final TSX Venture Exchange approval. The note was issued by Pathway Health (TSX-V:PHC) Services Corp., a wholly-owned subsidiary of the company, in connection with and as partial consideration for the acquisition of certain assets of Nature Medic Inc. under an asset purchase agreement dated August 31, 2020. Under the terms of the note, and as part of Pathway's 'qualifying transaction' which closed on May 31, 2021, the $250,000 debt obligation accrued was satisfied through the issuance of common shares. The terms of the note provide that if, upon expiry of the applicable 4-month hold period on the initial conversion shares, the value of such is less than the value of the Indebtedness, then Pathway will issue additional common shares equal in value to the Indebtedness less the fair market value of the initial conversion shares as determined on the day immediately following the expiry of the hold period. The hold period expired on September 30, 2021, and the value of the initial conversion shares had decreased from $250,000 as at the closing of the qualifying transaction to $175,000.14. As a result, Pathway will satisfy a payment obligation of $74,999.86 through the issuance of the 238,095 common shares at a deemed price of $0.315 per common share. The common shares issued to satisfy the final payment obligation under the note will be subject to a four-month hold period under applicable securities laws.
Rio2 Limited (TSX-V:RIO, OTCQX:RIOFF) has announced the passing of one of the company’s foundation directors, David Thomas, unexpectedly at his home in Park City, Utah on Monday, November 1, 2021, at the age of 77 years of age. Thomas, an internationally experienced mining engineer, was an independent non-executive Director of the Company since April 21, 2017. He was chairman of the Health, Safety, Environment and Community Committee and a member of the Audit Committee and the Corporate Governance & Compensation Committee of the Board of Rio2. Alex Black, President & CEO of Rio2 commented: “I first met Dave in 2006 when he was on the technical team developing the Toromocho Copper Project in Peru. We became good friends and I invited him to be a director of the board of the private Rio Alto Mining Limited during the time we bid for the La Arena Gold Project in Peru. Dave’s technical knowledge and enthusiasm were of the highest level and his willingness to impart his advice and knowledge was appreciated by everyone who worked with him both at Rio Alto Mining and at Rio2. Apart from our professional relationship, myself and those who knew Dave, considered him to be a genuinely great guy and fun person to be around and he will be sadly missed by all.” The company said its board and management team at Rio2 are appreciative and thankful for the invaluable contribution Thomas made during his tenure of service and expressed their sincere condolences to his wife Geri and family during this difficult time.
Delta 9 Cannabis Inc said the Toronto Stock Exchange (TSX) has approved the renewal of the company’s normal course issuer bid NCIB). Under the NCIB, Delta 9 can purchase up to an aggregate of 6,827,032 common shares of the company, representing 10% of the public float of common shares as at October 29 2021; and up to an aggregate of $1,180,000 principal amount of 8.5% unsecured convertible debentures of the company, representing 10% of the public float of debentures as at October 29, 2021. Purchases of common shares and debentures under the NCIB may be made through the facilities of the TSX and alternative Canadian trading systems commencing on November 5, 2021, and ending on November 4, 2022, or an earlier date in the event that the company purchases the maximum number available under the NCIB. The company will pay the market price at the time of acquisition for any common shares and debentures purchased through the facilities of the TSX. All common shares and debentures acquired directly by the company under the NCIB will be cancelled. Daily purchases will be limited to 23,558 common shares and $2,577 principal amount of debentures, other than block purchase exceptions. The company sought approval of the NCIB because it believes that, from time to time, the market price of the common shares and debentures may not fully reflect their value and it believes that, in such circumstances, the purchase represents an accretive use of capital.
Adastra Holdings (CSE:XTRX) Ltd said it has granted an aggregate of 215,000 stock options to certain employees and a consultant for the purchase of up to 215,000 common shares of the company at a price of 95 cents per common share. Each option is exercisable for a period of five years.
Quaterra Resources Inc (TSX-V:QTA, OTCQB:QTRRF) said the TSX Venture Exchange has accepted for filing documentation with respect to its non-brokered private placement announced August 16, 2021, and September 7, 2021, September 27, 2021, and October 18, 2021, which will see the issue of 68,802,336 shares at a purchase price of 6 US cents (7.5 Canadian cents) per share together with 68,802,336 share purchase warrants at an exercise price of 10 US cents for a three-year period with 65 placees.
Ximen Mining Corp (TSX-V:XIM, OTCQB:XXMMF) said the TSX Venture Exchange has accepted for filing documentation with respect to its non-brokered private placement announced October 22, 2021, which will see the issue of 4,545,456 flow-through shares at a purchase price of 22 cents per share together with 4,545,456 share purchase warrants at an exercise price of 35 cents for a three-year period with one placee.
Electric Royalties Ltd (TSX-V:ELEC, OTC:ELECF) said it has updated its corporate presentation to reflect the significant growth in Electric Royalties' royalty portfolio. Interested parties can download the presentation from the corporate website at https://www.electricroyalties.com. Brendan Yurik, CEO of Electric Royalties commented: "Our goal since day one has been to provide investors exposure to the essential metals required for the world to transition to clean energy. We are achieving this goal through a strong portfolio of royalty holdings which are diversified across a range of assets and which include each of the unique clean energy metals. We intend to maintain a pace of growth that has seen us acquire a robust and growing portfolio of 17 royalties in a little more than a year since going public. We have entered into a letter agreement in October for another royalty and have a robust pipeline of opportunities to pursue as we move into 2022."
Tribe Property Technologies Inc has announced that its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company (DTC), a subsidiary of the Depository Trust & Clearing Corp. that manages the electronic clearing and settlement of publicly-traded companies in the United States. The company said this is another important step in making Tribe's shares accessible to the widest audience possible, as DTC eligibility allows Tribe's existing US investors to benefit from electronic clearing and settlement of Tribe within the United States.
Midwest Energy Emissions Corp. - ME2C Environmental - has said it will host a conference call on Monday, November 15, 2021, at 4.30pm Eastern Time to discuss its financial results for the third quarter ended September 30, 2021. A press release detailing the results is expected to be issued prior to the call. Management will host the call to be followed by a question and answer session. To participate, investors can use the following Dial-in details: US 1-877-407-0789; International 1-201-689-8562; Conference Code: 13724490; Webcast: https://78449.themediaframe.com/dataconf/productusers/vvdb/mediaframe/47171/indexl.html. A playback of the call will be available through December 15, 2021. To listen, call 1-844-512-2921 within the United States or 1-412-317-6671 when calling internationally and enter replay pin number 13724490. The replay can also be viewed through the webinar webcast link.
Organic Garage (TSX-V:OG) Ltd. has announced its participation in the OTC Markets' Consumer Goods & Digital Services Conference, taking place virtually on November 4, 2021, at 3.00pm ET. Matt Lurie, Organic Garage (TSX-V:OG) president and CEO will discuss the company's expansion strategy for its retail grocery stores as well as the manufacturing capacity for its plant-based foods company, Future of Cheese, which recently launched its dairy-alternative 'Future of Butter' line and announced its first distribution agreement. The conference will be a live, interactive online event where investors are invited to ask the company questions in real-time. An archived webcast will be made available for attendees who cannot join the event live on the day of the conference. Webcast Registration Link: https://bit.ly/3vbzc3X
Nextech AR Solutions Corp has announced that Evan Gappelberg, its founder and CEO will present live at VirtualInvestorConferences.com on November 4, 2021, at 9.00am ET. This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event. Webcast link via: https://bit.ly/3vbzc3X
OTC Markets Group Inc has announced the ADRs of BrainChip Holdings Ltd (ASX:BRN), a provider of ultra-low-power high-performance artificial intelligence technology, now trade on the OTCQX Best Market under the symbol BCHPY. Trading on the OTCQX Market offers companies efficient, cost-effective access to the US capital markets. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the US. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.