Logiq Inc, a provider of e-commerce and fintech business enablement solutions, announced it has acquired a control position of 4.5 million outstanding shares in Lovarra, a fully reporting US public company. The company said the acquisition, made through its GoLogiq LLC subsidiary, advances its previously announced plans to separate its DataLogiq and AppLogiq businesses into two independent publicly traded companies. It will now begin the process of transferring its AppLogiq business into Lovarra. AppLogiq Inc. includes mobile e-commerce solutions offered under the name of CreateApp, a mobile fintech platform for payments and food delivery, and the company’s beneficial stake in PT Weyland Indonesia Perkasa (WIP). WIP is the operator of the AtozGo food delivery service and AtozPay mobile e-wallet. “This acquisition represents the next major step towards enabling both of our valuable business segments to better capitalize on their respective growth opportunities in the rapidly evolving e-commerce and fintech landscape,” Logiq president Brent Suen said in a statement. “Moreover, we believe this will unlock tremendous shareholder value."
Marvel Discovery Corp announced that due to shareholder demand it has increased the private placement offering previously announced November 24, 2021. The company will now be raising up to $1 million by issuing Flow and Non-Flow Through units. Flow-Through units will be issued at $0.13 per unit, consisting of one Flow-Through share and one-half of one share purchase warrant with each warrant entitling the holder to purchase one non-flow-through share at $0.25 each for a period of 24 months following the acceptance date. Non-Flow-Through units will be issued at $0.115 per unit, consisting of one share and one share purchase warrant entitling the holder to purchase one non-flow-through share for $0.20 each for a period of 24 months following the acceptance date. The gross proceeds will be used for exploration of the company's projects and general working capital.
Todos Medical Ltd has announced that its management team, including CEO Gerald Commissiong, will host a conference call on Thursday, December 2, 2021 at 4:30 PM EST to discuss the company’s business progress in 2021 and provide a strategic outlook for the future. Direct Dial-in number: (669) 900-6833; Meeting ID: 94945983568; Passcode: 167897. This call is being webcast and can be accessed at: https://audience.mysequire.com/webinar-view?webinar_id=6b97aec0-7ccb-4754-9a33-5c26d34d9597. The call will also be available for replay by accessing: https://audience.mysequire.com/webinar-view?webinar_id=6b97aec0-7ccb-4754-9a33-5c26d34d9597.
ION Energy Ltd said it has made a new lithium discovery at its Baavhai Uul lithium salar project in south-eastern Mongolia. The discovery was christened the White Wolf Prospect by the Toronto-based, Mongolia-focused resource company. Drilling at the prospect returned results of up to 1,502 parts per million (ppm) lithium in clays and evaporates, with the hole averaging 700 ppm lithium from 0.5 metres to 3.5 metres depth, the company said in a statement.
Therma Bright Inc (TSX-V:THRM, OTC:TBRIF) said it has signed an agreement with a contract manufacturer to produce a weekly minimum of 500,000 AcuVid COVID-19 Rapid Antigen Saliva tests in order to meet the new US Food and Drug Administration's (FDA) Emergency Use Authorization (EUA) guidance on production of diagnostic tests (molecular and antigen) for point-of-care (POC) and at-home use. The company noted that the contract manufacturer is a European ISO 13845 certified company with deep expertise in diagnostic tests manufacturing and worldwide distribution. “We're excited to add a new manufacturing partner to our Therma Bright team; one who alone can help us meet the minimum 500,000 weekly production requirement per the November 15, 2021 FDA guidance for COVID-19 antigen diagnostic tests developers,” Therma Bright CEO Rob Fia said in a statement.
Adyton Resources (TSX-V:ADY, OTCQB:ADYRF) Corporation has reported significant copper assays from hole ADK004 at its 100% owned Feni Island Project in Papua New Guinea. The Brisbane, Australia-based company said the 1,982-metre (m) maiden drilling program of five diamond holes at Feni was completed in September. It noted that the initial objectives of the program were to expand the gold resource as well as test various induced polarisation (IP) anomalies for the potential of a copper porphyry system.
Esports Entertainment Group Inc, via its EGL brand, and The Indianapolis Colts have announced that they are teaming up to host the 2021 "Frozen Frenzy" tournament. This tournament will be a special opportunity to play the hit game Fortnite against other fans for a chance to win a VIP experience at the Colts' Fan Appreciation Game versus the Las Vegas Raiders on January 2, 2022. The 2021 Frozen Frenzy will take place entirely online on December 28 beginning at 7 pm EST.
BioHarvest Sciences Inc has appointed renowned astronaut Chris Hadfield to its board of advisors as part of a drive to leverage its biotech technology platform to provide essential nutrition and active ingredients for space exploration and potential new settlements in space. The Vancouver, British Columbia-based company said that Hadfield brings 40 years of scientific experience to the Canadian-Israeli biotech firm which has developed and patented a plant bio-cell technology—BioFarming, capable of growing the active and beneficial plant-based ingredients at an industrial scale, without the need to grow the plant itself. "Chris's unparalleled experience will help marry our plant cellular biology expertise with space science," BioHarvest CEO Ilan Sobel said in a statement. "He is a great addition to our advisory board at this phase of our growth, and he'll help us in our drive to be a global biotech leader.”
BioSig Technologies Inc has announced that Gray Fleming will be joining the company as its chief commercial officer. The Westport, Connecticut-based company said that Fleming will bring over 20 years of experience in the healthcare industry. “We are pleased to welcome Gray to the team as we enter an advanced phase of targeted market release within our commercial growth strategy,” said Kenneth L. Londoner, CEO of BioSig in a statement.
Lucky Minerals (TSX-V:LKY, OTC:LKMNF) Inc has said it will be presenting at Virtual Investor Day V (VID V) sponsored by Laurentian Bank Securities. The company said Francois Perron, its president and CEO will provide an in-depth update on the company at 5.00pm ET, Tuesday, December 7, 2021. VID V provides a unique and completely interactive experience for feature companies and participants. Feature companies will have 30 minutes to outline their investment opportunity, while stakeholders and the audience will be invited to engage via live commentary, direct Q&A with management, polls, and other interactive tools during each presentation. Investors can register for VID V via the following link: https://www.bigmarker.com/vid-conferences/VID-V-Feature-Company-23
CytoDyn Inc has announced more progress for its leronlimab candidate as a treatment for HIV, saying it has now submitted all the major sections of the chemistry, manufacturing, and controls (CMC) to the Food & Drug Administration (FDA) - the US regulator. This CMC is a critical part of the biotech's Biologics License Application (BLA) for HIV - the request for permission to commercialize a product. "We are pleased to get close to completion of our HIV full BLA submission," said Dr Nader Pourhassan, CytoDyn's CEO, in a statement.
Magna Mining Inc (TSX-V:NICU) has announced that the next phase of exploration at its Shakespeare nickel-copper-platinum group metals (PGM) project will commence in early January following the completion of a $3.14 million flow-through financing on November 3, 2021. The exploration and development company said the initial winter exploration program will consist of 4,500 metres (m) of drilling, which will target the new P-4 nickel discovery and the past-producing Spanish River Copper Mine. The P-4 discovery and Spanish River Copper Mine are both located approximately 5 kilometres (km) from its flagship Shakespeare Mine and could potentially represent satellite deposits to feed a future mill at Shakespeare, the company said, adding that it has secured a diamond drilling contractor to commence drilling in early January 2022. Magna said a borehole electromagnetic (EM) survey was recently completed which extends the electromagnetic anomaly 230m below the deepest mineralized intersection.
MedX Health Corp has announced a memorandum of understanding with the London Medical Laboratory Ltd on a commercialization pilot and distribution agreement for MedX’s leading-edge DermSecure Screening Platform in the UK. The medical device and software company that focuses on skin health said the pilot will span three to six months and will involve an estimated 1,000 patients in London. Upon the successful completion of the pilot, the MedX DermSecure platform will be made available at several new centers across the UK and Ireland, it added. “With melanoma skin cancer rates more than doubling in the UK since the 1990s, our partnership with London Medical Laboratory presents an enormous opportunity to improve patient outcomes,” MedX CEO Sylvain Desjeans said in a statement.
Altamira Gold Corp said it has kicked off a first diamond drill campaign at its Santa Helena project in northern Brazil, aiming to test its theory that a porphyry-style copper-gold system exists at depth. It comes after recent sampling at the Gabriel target exposed at surface, a zone of copper and gold-bearing quartz stockwork extending over at least 100 meters (m), which is open in every direction. The company noted this geology was similar to that seen at the recently discovered nearby Jaca porphyry copper deposit unearthed by major Anglo American Corporation. Three angled holes, up to 400m deep, will be drilled at the Gabriel target to test the depth extent.
ESE Entertainment Inc announced plans to acquire gaming technology company GameAddik for over $4.8 million in cash and 7.3 million in ESE shares. According to ESE, GameAddik generated around $24 million in unaudited revenue during fiscal 2020 and $4.7 million in income from operations. The gaming company said that the acquisition will help to increase revenue and profitability, expand its Tier One client base and strengthen its technology stack.
Psyched Wellness (CSE:PSYC, OTCQB:PSYCF) Ltd has revealed that on Tuesday, November 30, 2021, the company and KGK Science, the firm’s contract research organization (CRO), presented Psyched's proprietary extract of the Amanita Muscaria mushroom, AME-1, to representatives of Health Canada in a pre-submission meeting. This came close on the heels of Health Canada's decision on November 3, 2021, to add the Amanita Muscaria mushroom to the Natural Health Products Ingredients Database (NHPID) of Canada. "Yesterday's pre-submission meeting was the next important step in positioning the company to be able to file an application with Health Canada for AME-1 as a Natural Health Product in 2022," Psyched Wellness (CSE:PSYC, OTCQB:PSYCF) CEO Jeff Stevens said in a statement. "The meeting was very encouraging, and we look forward to incorporating Health Canada's comments and suggestions into our plans to bring our Amanita-based Consumer packaged goods (CPG) to market next year."
Deep-South Resources Inc (TSX-V:DSM) has reported that the legal counsel of the Ministry of Mines and Energy of Namibia proceeded with the company’s last filing on November 17, 2021, regarding its Haib Copper project. As reported in June 2021, the firm's renewal of licence EPL 3140 covering the Haib asset was denied by the Ministry. Deep-South is now contesting that decision in court. The company said the filing did not include any documents supporting the decision of the minister to deny the renewal of the Haib licence. Thus, the Ministry has not provided any evidence supporting the decision of the minister.
Cloud DX (TSX-V:CDX, OTCQB:CDXFF) Inc said that it has been selected by Medtronic Canada ULC - subsidiary of Medtronic PLC (NYSE:MDT) - for providing virtual healthcare to patients across Canada. The Brampton, Ontario-based company said that the partnership advances Medtronic's commitment to improving patient outcomes and lowering overall costs along the care continuum. Under the agreement, a typical deployment would involve the enrollment of chronic care or surgical patient onto the Connected Health platform, generating recurring revenue, depending on the length of the monitoring program. Cloud DX (TSX-V:CDX, OTCQB:CDXFF) generates revenue upfront for kits prescribed to patients for use at home, and then a monthly subscription fee per patient for software, services, and support.
Looking Glass Labs Ltd. announced that its flagship studio House of Kibaa (HoK) is creating metaverse-ready 3D assets in collaboration with the well-known non-fungible token (NFT) collections of Gutter Cat Gang and Bored Ape Yacht Club, in addition to the ongoing development of HoK’s proprietary NFT collections. Looking Glass also announced that it is spearheading the architecture and design of Gutter Cat Gang’s Mansion, which is planned to be a virtual metaverse-based clubhouse for holders of Gutter Cat Gang NFTs. HoK is providing creative services to Gutter Cat Gang, which include concept design, character modeling, and texture development for the Dog- and Pigeon-based subsets of the Gutter Cat Gang NFT collection.
Clean Air Metals Inc (TSX-V:AIR, OTCQB:CLRMF) announced the results of an independent Preliminary Economic Assessment (PEA) that was completed on the Current and Escape deposits at the company's Thunder Bay North Platinum Group Element (PGE)-copper-nickel project near Thunder Bay, Ontario, which showed an after-tax net present value (NPV) of C$378.4 million, using a 5% discount rate, as well as an after-tax internal rate of return (IRR) of 29.8%. The PEA also estimates the project will generate average annual revenue of C$239.8 million per year from the sale of PGE and copper mineral concentrates over a 10-year mine life.
Victory Square Technologies Inc (CSE:VST, OTCQX:VSQTF) has announced that its portfolio company Next Decentrum has launched Crypto Pharaohs, an iconic collection of digital collectibles inspired by the culture and heritage of ancient Egypt. The tech-focused incubator said generative NFT (non-fungible token) collections like Crypto Punks and Bored Ape Yacht Club have been at the forefront of the explosive growth of the NFT market. It noted that, according to Rarity.Tools, which is tracking the sales of 550 generative NFT projects, the all-time sales volume of these NFT projects is over $10.6 billion.
BioLargo Inc made an important move towards building a commercial network for its sale and distribution as it signed a manufacturer's representative agreement with ICS Group— a premier manufacturer's representative company that has provided innovative wastewater, energy management, and renewable energy technology solutions to municipal and industrial clients, primarily in the Midwestern United States. Under the agreement, ICS Group has been tasked to sell BioLargo’s two proprietary water treatment technologies, the advanced oxidation system (AOS) energy-efficient wastewater disinfection, micropollutant removal, and water reuse technology, and the aqueous electrostatic concentrator (AEC) technology for affordable, low-waste treatment of PFAS-contaminated water.
Delta 9 Cannabis Inc has announced the opening of a US-based showroom in Valley City, North Dakota, for sales of the company’s proprietary grow system. The Winnipeg, Manitoba-based vertically integrated cannabis company said the showroom will give potential Grow Pod customers a stateside option to view Delta 9’s working infrastructure. “Delta 9 has now sold over 250 Grow Pods to third party facilities across North America,” said the company. “We are continuing to ramp up our marketing efforts for our Grow Pods in the US market and this new showroom will play an important role in our US strategy," Delta 9 CEO John Arbuthnot said in a statement. “We feel the US market will provide a significant growth opportunity for our business-to-business (B2B) and equipment products in the coming years.”
Milestone Scientific Inc (NYSE:MLSS) has announced that Dr Miguel de la Garza, a recognized expert in pain management, has begun incorporating the company's CompuFlo Epidural instrument into his practice for pain management. The move follows approval by Surgery Partners, one of the largest and growing surgical services businesses in the United States, it added. The medtech group said Dr de la Garza is the current president of the Florida Society of Interventional Pain Physicians, which is one of the largest pain societies in the US, representing 400 interventional pain management specialists in the state of Florida.
Empower Clinics Inc said it has received Health Canada approval to proceed under the original authorization for its Kai Care COVID-19 At-Home Saliva Collection Kit (Kai Care Kit). The Kai Care Kit was originally authorized for sale in Canada —under a Device Class I designation through its Medical Device Establishment Licence (MDEL) Licence Number 16005— but sales were temporarily paused in September 2021 as the company participated in a review with Health Canada on the most appropriate medical device classification, the integrated healthcare company noted. “The company successfully responded to the request and is pleased to report it can continue operating under the original classification with updated labeling,” Empower added.
Ximen Mining Corp (TSX-V:XIM, OTCQB:XXMMF) said it has arranged a non-brokered private placement of 1,818,182 flow-through shares at a price of $0.22 cents per share for gross proceeds of $400,000. Each flow-through 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 Cdn$0.35 per share. The net proceeds from the offering will be used by the company for exploration expenses on its 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 under 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.
Cypress Development Corp (TSX-V:CYP, OTCQB:CYDVF) revealed that it had received $6.94 million from a recent warrant exercise which would bolster the company’s cash position. The Canadian advanced-stage lithium exploration company said that in the period from October 1 to November 29, 2021, the company received $6.94 million from the exercise of 4.74 million warrants. The warrants had exercise prices of up to $1.75 and the funds from the warrant exercise are in addition to the $19.8 million cash that the company held on September 30, 2021, said Cypress Development which focuses on developing its Clayton Valley lithium project in the US. "These cash injections significantly increase the company's reported cash position without any dilution to the current shareholding structure," Cypress Development President and CEO Bill Willoughby said in a statement.
Los Andes Copper Ltd (TSX-V:LA) has announced that in accordance with the terms of the US$5,000,000 8% convertible debenture issued to Queen's Road Capital Investment Ltd on June 2, 2021, and the terms of a trust indenture entered into between the company and Computershare Trust Company of Canada dated June 2, 2021, it has elected to issue 4,432 common shares in the capital of the company at a deemed price of US$8.46 (C$10.59) to Queen's Road Capital as payment for US$37,495 (C$46,935) in interest owing on the convertible debenture. Under the terms of the Trust Indenture, interest on the convertible debenture is payable quarterly, 5% in cash and 3% in shares, at the 20-day volume-weighted average price prior to the interest payment date. The issuance of the common shares as payment for interest owing on the convertible debenture is subject to the terms and conditions of the Trust Indenture as well as the receipt of all requisite approvals, including, without limitation, the approval of the TSX Venture Exchange.
Doré Copper Mining Corp said it has entered into a market-making agreement with Independent Trading Group (ITG) under which it has agreed to provide market-making services to the corporation in accordance with the policies of the TSX Venture Exchange and applicable laws. Under the terms of the agreement, which is effective December 1, 2021, Doré Copper will pay ITG a monthly fee of $5,000 for market-making services for a minimum term of three months, which will continue until either party has terminated the agreement with thirty days' notice. ITG will not receive shares or other securities as compensation. The capital used for market making will be provided by ITG.
Steppe Gold Ltd has announced the filing of a technical report on its 100% owned Altan Tsagaan Ovoo Project located in Mongolia regarding the Phase 2 Expansion Project. The report titled “NI 43-101 Technical Report – Feasibility Study for the Altan Tsagaan Ovoo (ATO) Phase 2 Expansion Project Mongolia” has been prepared by DRA Global Limited (DRA) is available under the company’s profile on SEDAR at www.sedar.com and on the company’s website at www.steppegold.com.
Jack Nathan Medical Corp said the TSX Venture Exchange has accepted for filing documentation relating to an asset purchase agreement dated November 23, 2021, between several arm's-length parties, and Jack Nathan Functional Health Inc. and Jack Nathan Medical Corp. Under the agreement, Jack Nathan Functional shall acquire assets with respect to the operation of five medical clinics located in British Columbia As consideration, the company shall pay an aggregate of $1.5 million and issue up to 4.2 million common shares over a two-year period to the vendors.
Goldshore Resources Inc (TSX-V:GSHR, OTCQB:GSHRF) said the TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement announced November 1, 2021, and November 2, 2021, which see the issue of 10,810,692 flow-through shares and 3,911,908 charity flow-through shares at purchase prices of 65 cents per flow-through share and 76 cents per charity flow-through share with 37 placees.
Playgon Games (TSX-V:DEAL, OTCQB:PLGNF) Inc said the TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on October 28, 2021, November 3, 2021, and November 10, 2021, which will see the issue of 34,971,112 shares at a purchase price of 30 cents per share together with 17,485,556 share purchase warrants with an exercise price of 50 cents for a two-year period, subject to an accelerated expiry at the discretion of the company, with 88 placees.
Major Precious Metals Corp has announced that it will be presenting at Virtual Investor Day (VID V) sponsored by Laurentian Bank Securities. The company said Tony Williams, its chairman and CEO will provide an in-depth update on the company at 11.00pm ET, Tuesday, December 7, 2021. VID V provides a unique and completely interactive experience for feature companies and participants. Feature companies will have 30 minutes to outline their investment opportunity, while stakeholders and the audience will be invited to engage via live commentary, direct Q&A with management, polls, and other interactive tools during each presentation. Investors can register for VID V by clicking the following link:
https://www.bigmarker.com/vid-conferences/VID-V-Feature-Company-11
Gold Resource Corporation (NYSE-A:GORO, ETR:GIH) has said it will be featured as a presenting company at the H.C. Wainwright Mining Conference, which is being held virtually.. Allen Palmiere, president and chief executive officer will provide an overview of the company's business during the live presentation and will participate in one-on-one meetings with investors who are registered to join the conference. All investors are welcome to listen to the company presentation online at https://journey.ct.events/view/786ae00c-7153-4263-937c-b178daa76e85, starting on December 1, 2021, at 1.30pm ET. The webcast will be archived for 90 days.
PsyBio Therapeutics Corp has announced that Evan Levine, its chief executive officer and chairman, will present at the H.C. Wainwright 2nd Annual Psychedelics Conference. The conference being held on Monday, December 6, 2021, will have on-demand viewing beginning at 7.00am. Eastern Time and investors can register via the following link: https://journey.ct.events/view/013634f9-6376-4da3-b946-3ecb38454d3f. A recording of the presentation will be accessible on PsyBio's website via the above link for 90 days. The PsyBio management team will be available for one-on-one meetings throughout the conference. To schedule a meeting, investors can contact KCSA Strategic Communications by emailing psybio@kcsa.com.
OTC Markets Group Inc, the operator of financial markets for over 11,000 US and global securities, has announced that Playmaker Capital Inc, a Toronto-based digital sports media company, has qualified to trade on the OTCQX Best Market and has today upgraded from the OTC Pink market. Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their US investors. 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. "People are passionate about sports all over the world and Playmaker's audience is reflective of that with assets that span the Americas," said Jordan Gnat, Playmaker CEO. "As we continue to execute on our plans, we want to make Playmaker available for more investors to join us on our journey and this will provide for that additional flexibility."