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NA Proactive news snapshot: Aladdin Healthcare, Esports Entertainment, BTU Metals, My Size, CleanSpark UPDATE ...

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

Aladdin Healthcare SE said it has gained approval from OTC Markets Group Inc to have the company’s shares quoted on the OTCQB market under the symbol ALDNF, moving up from its current OTC Pink Market listing. Along with the new US stock quotation, Aladdin Healthcare is re-positioning its business through merger or acquisition opportunities to transform its commercial viability and in turn monetise its AI and blockchain technologies. In a statement, Wade Menpes-Smith, Aladdin Healthcare CEO said: “By adding this US quote, we are now moving into the world’s best capital market for healthcare technology, whilst executing our global strategy to attract investment from North American based investors. ALDNF will provide Aladdin with access to a larger community for further strategic transactions. “As a leading developer of AI healthcare diagnostics and drug discovery applications for age-related diseases, we see it as a great opportunity to present our business model and its growth prospects to investors who are attracted to innovative companies with rapid growth potential.”

Esports Entertainment Group Inc said it applauds the passage of Ohio Bill 29 to legalize sports betting in the state, which has now been sent to Governor Mike DeWine for his signature. The bill includes a provision that allows for wagering on professional eSports, creating a pathway to further leverage and monetize the company's Vie.gg wagering platform. "The news of Ohio's sports betting bill moving to the governor for his signature is a significant step forward for our Vie.gg wagering platform and our company," said Grant Johnson, CEO of Esports Entertainment Group.

BTU Metals Corp said it congratulates the entire team at Great Bear Resources (TSX-V:GBR) Ltd for its agreement to be acquired Kinross Gold Corp. “The proposed acquisition of Great Bear by Kinross for approximately $1.8 billion follows Barrick's announcements of transactions with Dixie Gold and Red Lake Gold, adjacent or proximal to the BTU Dixie Halo property,” BTU Metals CEO Paul Wood said in a statement. “We have just completed 10 holes on widely spaced targets, the core is being logged and samples will be sent to the lab shortly,” Wood added. The company noted it continues to explore for gold across its approximate 230-square kilometre (km) property that shares a 35km common boundary with Great Bear Resources (TSX-V:GBR). It added that drilling will resume in the New Year at both the Pakwash North (TNT) project and at Dixie Halo.

Analysts at HC Wainwright reiterated their 'Buy' rating and $2 price target on My Size Inc (NASDAQ:MYSZ), noting that the company has accumulated “a substantial list of new contract wins” to boost its sales growth ramp. Wainwright said that the Israel-based company has created innovative measurement solutions based on its patented algorithms for broad applications in the fashion, shipping and parcel package delivery, and Do-It-Yourself (DIY) industry. Over the course of four years, MySize has released several measurement apps. The firm's MySizeID, a measurements widget enables consumers to create an online profile of their measurements to get the right fit; BoxSize, a parcel measurement application allows customers to measure the size of their parcel with their smartphone, SizeUp app, allows users to utilize their smartphone as a tape measure; and SizeIT gives users the ability to measure objects with a quick movement of their mobile device.

CleanSpark Inc (NASDAQ:CLSK) said it has purchased new immersion cooling infrastructure for its Norcross bitcoin mining facility that is expected to increase mining efficiency by at least 20%. The 20 megawatt (MW) project will consist of 180 liquid-filled tanks, each containing 33 units of the Antminer S19j Pro machines, which CleanSpark said are the newest generation series of bitcoin miners on the market, fully immersed in a proprietary cooling liquid. Installation will start immediately and occur in phases, with the first 8 MW expected to go live in February 2022.

Avalon GloboCare Corp (NASDAQ:AVCO) announced that it has further advanced its research to accurately predict the 3-dimensional structures of protein receptors for potential use as cellular therapy targets, in partnership with the Massachusetts Institute of Technology (MIT). The Toronto-based company collaborated with the institute to combine its artificial intelligence (AI)-enhanced protein design ‘QTY Code’ technology with Google’s AlphaFold2, a DeepMind AI program developed to predict 3D protein structures of previously difficult to work with drug targets. This new system is designed to accelerate and advance Avalon’s capabilities in developing novel targets for immuno-oncology and cellular medicine. The newly published study demonstrated the utility and efficiency of combining the two AI-based technologies. The researchers used the QTY code technology to design water-soluble versions of chemokine receptors—water-insoluble proteins involved in cytokine storms, cancer, autoimmune diseases, and important drug targets—and then used AlphaFold to accurately predict the structures of these clinically important proteins.

CO2 GRO Inc (TSX-V:GROW, OTCQB:BLONF) has announced that its CO2 Delivery Solutions system is now operating at Colombia's rose greenhouse commercial feasibility, which was announced in June 2020. The Toronto-based company said that a leading global industrial CO2 gas supplier — whose name and location are maintained confidential — introduced the customer and is assisting in the management and execution of the project. "We are pleased to be announcing the start of the commercial feasibility in collaboration with the grower and the leading global industrial gas supplier that operates in dozens of countries. The Colombian rose market is another high-value market where our CO2 Delivery Solutions technology can help growers increase production and profitability in a sustainable way,” said Aaron Archibald, VP of sales and strategic initiatives, in a statement. He added: “We are making good progress expanding into new high-value plant markets and countries. Building strategic relationships with companies such as the global industrial gas supplier will help us expand our domestic and international reach to accelerate sales."

Thunderbird Entertainment Group Inc (TSX-V:TBRD, OTCQX:THBRF) has announced that Matthew Berkowitz has been promoted to president in addition to his current role as chief creative officer. In a statement, the company said Berkowitz will oversee the development, production, distribution, and acquisitions of intellectual properties (IP) across all Thunderbird Entertainment productions. The productions include those from the Kids and Family Division (Atomic Cartoons), Factual Division (Great Pacific Media), and additional scripted productions, such as the upcoming Reginald The Vampire (working title) for Syfy.

Mydecine Innovations Group Inc (OTC:MYCOF, NEO:MYCO) has announced an agreement with an investor to complete a non-brokered private placement of a convertible secured subordinated debenture in the principal amount of C$5.5 million. The company said the financing, which is expected to close on December 10, 2021, will allow it to continue to make progress on its research and development (R&D), clinical trials and technology initiatives. “This financing will give Mydecine the runway needed to continue meeting important milestones like launching our smoking cessation study in partnership with Johns Hopkins University and PTSD (Post Traumatic Stress Disorder) studies with various global military focused organizations, furthering our drug development initiatives and growing paid subscribers on our telehealth platform Mindleap,” Mydecine Innovations Group CEO Josh Bartch said in a statement.

Stifel Financial Corp has increased its price target for Nomad Royalty (TSX:NSR) Company Ltd at C$21.50 from C$20.00 following the company's recent acquisition of a gold stream on the tier-one Platreef palladium-rhodium-platinum-nickel-copper-gold project located in Limpopo, South Africa from Ivanplats (TSX:IVP) Ltd. The Montreal-based exploration company will provide $75 million for its portion in gold stream funding to Ivanplats (TSX:IVP) as a part of a $200 million gold stream co-investment with Orion Mine Finance. The Stifel analysts anticipate that Platreef becoming “a cornerstone asset” for Nomad Royalty (TSX:NSR)’s portfolio. “We believe Nomad Royalty (TSX:NSR) is set to display rising scale and one of the strongest growth rates in attributable revenue gold equivalent ounces (GEOs), relative to peers, resulting in strong cash flow generation in the near-term,” the analysts said.

Fireweed Zinc Ltd (TSX-V:FWZ) is inviting people to the upcoming 'Uncharted Territory: Greenfield Exploration Panel' alongside industry leaders to learn about the benefit of mining new, never been explored, untouched properties. Join CEO Brandon Macdonald on Wednesday, December 15, 2021 at 9am PST or 12 pm EST. Investors can register here: https://6ix.com/event/greenfields-exploration-panel/?utm_bmcr_source=client_email&utm_source=client_email

ION Energy Inc said its CEO, Ali Haji recently joined Will Richardson of the Green Element Podcast to talk about all things Lithium & the current Green Revolution. Investors can listen here: https://www.greenelement.co.uk/podcasts/ali-haji/

Virtual Investor Conferences, the leading proprietary investor conference series, has announced the agenda for its quarterly Life Sciences themed event for public and private companies, investors, and industry professionals from around the world. This day-long virtual event will showcase live company presentations and interactive discussions focused on the life sciences industry. Individual investors, institutional investors, advisors, and analysts are invited to attend. The program opens at 9.15am ET on Thursday, December 16, 2021, with the first live webcast at 9.30am ET. Investors can register using the following link: https://bit.ly/3yaS3h0. It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates. There is no cost to log-in, attend the live presentations or ask questions. "We are delighted to highlight today's innovators from the life science sector," said Jason Paltrowitz, executive vice president of Corporate Services at OTC Markets Group. "Our Virtual Investor Conferences continue to provide an efficient platform and unique opportunity for these companies to engage to a broader investor base and communicate their strategies." A real-time solution for investor engagement, Virtual Investor Conferences is part of OTC Market Group's suite of investor relations services specifically designed for more efficient Investor Access. Replicating the look and feel of on-site investor conferences, Virtual Investor Conferences combine leading-edge conferencing and investor communications capabilities with a comprehensive global investor audience network. To view a complete calendar of Virtual Investor Conferences, investors can visit: www.virtualinvestorconferences.com.

Great Bear Resources (TSX-V:GBR) Ltd is to be acquired by Canadian mining major Kinross Gold in a premium deal worth around C$1.8 billion, or C$29 per share, which will see the company's exciting Dixie gold discovery in Red Lake, Ontario, developed into a potential top tier, long-life mine. The acquisition price represents a premium of 40% to Great Bear's volume-weighted average price (VWAP) for the 20 days to December 7, 2021. Notably, Great Bear shareholders will also receive a contingent consideration in connection with Kinross' public announcement of commercial production from the gold project. On closing, it is expected that Great Bear shareholders will own around 7% of Kinross on a fully diluted basis, assuming a full take-up of shares. "The transaction delivers a compelling premium for Great Bear's shareholders, reflecting the top tier nature of the Dixie project, while offering beneficial exposure as Kinross shareholders to a high-quality operating portfolio and growing production base," Chris Taylor, the CEO of Great Bear, told investors.

Organic Garage (TSX-V:OG) Ltd said its plant-based subsidiary Future of Cheese Inc has begun supplying restaurants and foodservice customers sooner than expected. The Toronto-based company said its subsidiary's plant-based butters and brie have been launched on menus as ingredients at a growing number of vegan and non-vegan restaurants in Ontario. “Being a professional chef and restauranteur for 20 years, I have noticed the dining habits of our guests change considerably recently,” Future of Cheese co-founder Craig Harding said in a statement. “The demand for dairy alternatives at my restaurants alone is growing at a rapid pace, and it was that need for high-quality, high-end and rich, non-dairy products that motivated us to create the Future of Cheese.”

MAS Gold Corp (TSX-V:MAS, OTCQB:MSGCF) has announced an updated Mineral Resource estimate for the North Lake gold deposit, located on the La Ronge Gold Belt of northeastern Saskatchewan. At a marginal grade cut-off of 0.40 grams per tonne (g/t) gold (Au), the North Lake gold deposit is estimated to contain an Inferred Mineral Resource of 18,100,000 tonnes grading 0.85 g/t Au, hence 494,000 contained ounces (oz) of gold, the company said in a statement. Compared with the 2020 estimate, MAS Gold said the 2021 update increased the estimated tonnes by 28.3% and the amount of gold by 18.5%, despite a modest (7.6%) drop in the average estimated grade. The 2020 estimate totaled 14,110,000 tonnes at 0.92 g/t Au for 417,000 oz Au, in the Inferred category.

Cloud DX (TSX-V:CDX, OTCQB:CDXFF) Inc has announced the publication of an independent peer-reviewed validation study that found its unique Vitaliti product to be fully ISO 81060-2:2018 compliant, clearing the way for regulatory approval starting in 2022. The virtual care company said the study assessed regulatory compliance and post-surgery use in monitoring patients' vital signs in real-world conditions. Cloud DX (TSX-V:CDX, OTCQB:CDXFF) noted that the study also found that patients welcomed the comfortable, easy-to-use device. Instead of care teams taking vitals periodically after surgery, Vitaliti was used for continuous monitoring, which could transform post-surgical care by enabling early detection if any deterioration occurs inpatient health, it added.

Cabral Gold Inc (TSX-V:CBR) has reported promising assay results from five diamond drill holes completed at the MG gold-in-oxide blanket and reconnaissance drilling at the Alonso target, which identified a new gold anomaly north of Alonso at the Cuiú Gold District, in Brazil. The Vancouver, British Columbia-based junior resource company said it completed five diamond-drill holes (MET01-to-MET05) totaling 374 meters (m) at its recently identified MG gold-in-oxide blanket at the Cuiú project in Brazil, with the objective of collecting material for rounding out metallurgical test work, including column leach tests at the Kappes Cassiday Lab in Reno, Nevada. The work is “critical” to understanding the economic viability of this unconsolidated surface oxide mineralization at MG, which may be amenable to low-cost heap-leach processing, said the company.

BetterLife Pharma Inc (CSE:BETR, OTCQB:BETRF) has reported positive findings from pre-clinical studies on mice, which showed the therapeutic potential of its 2-bromo-LSD (TD-0148A) candidate as an anti-depressant. TD-0148A is a second-generation Lysergic Acid Diethylamide (LSD) derivative molecule that BetterLife believes will mimic the therapeutic potential of LSD without causing psychedelic effects. The studies were part of the company's collaboration with Dr Argel Aguilar-Valles at Carleton University. "There is a high unmet need for novel anti-depressants for the treatment of major depressive disorder (MDD) and treatment-resistant depression (TRD) and these early data provide evidence for the therapeutic potential of TD-0148A as an anti-depressant," said BetterLife CEO Dr. Ahmad Doroudian in a statement.

Tocvan Ventures Corp has reported good progress with its trenching program at the Pilar gold-silver project in Mexico ahead of a planned drill campaign. In a statement, the Calgary-based resource company said it had completed four trenches to date at the 4-Trench, North Hill and Main Zone targets. Tocvan is planning up to seven trenches totaling 140 meters at the targets.

AIM ImmunoTech Inc (NYSE:AIM) has announced that safety data on its drug Ampligen was recently presented at the Eighth European Scientific Working Group on Influenza (ESWI) virtual conference in Salzburg, Austria. The conference, which ran from December 4-7, 2021, also included research on coronavirus (COVID-19) and respiratory syncytial virus. The immuno-pharma company said the Centre for Human Drug Research (CHDR) presented previously announced data from a Phase 1 clinical study to assess the safety, tolerability and biological activity of Ampligen as a potential intranasal therapy. A total of 40 healthy subjects received either Ampligen or a placebo in the trial, with the Ampligen given at four escalating dosages across four cohorts, to a maximum level of 1,250 micrograms. The study reported no severe adverse events at any dosage level, it added.

Vendetta Mining Corp announced that Singapore J&Y Investment Pte. Ltd has agreed to make a $4,772,000 investment in the company by way of a non-brokered private placement in two tranches. The Canadian junior exploration company said the first tranche will be comprised of 5,454,545 common shares at $0.055 per share for gross proceeds of $300,000. The second tranche will be comprised of 54,206,060 shares at $0.0825 each for gross proceeds of $4,472,000. Following the closing of the private placement, Vendetta said Singapore J&Y Investment will hold approximately 19.89% of its stock.

CytoDyn Inc told investors it has filed a request with the US Food and Drug Administration (FDA) for approval of expanded access use of leronlimab for multi-drug resistance (MDR) HIV patients. The company said it has also previously sought FDA approval to charge for leronlimab used in this patient population and is preparing to file the last portion of the request. “Our Phase 3 pivotal trial, which yielded a statistically significant primary endpoint for efficacy, had an 81% success rate in suppressing viral load in the MDR population after 24 weeks of leronlimab treatment,” CytoDyn president and CEO Dr Nader Pourhassan said in a statement.

Star Royalties Ltd (TSX-V:STRR) has highlighted an updated resource estimate at Gold Mountain Mining Corp's Elk gold mine in British Columbia (BC), where it recently bought a 2% net smelter return (NSR) royalty. The higher confidence measured and indicated (M&I) resource at the mine has been increased by 24% to 806,000 gold-equivalent ounces, while the inferred gold-equivalent ounce resource was lifted by 65%. There was a total 32% increase in gold-equivalent ounces across all categories. "Only two months have passed since Star Royalties acquired a 2% net smelter return royalty on the Elk Gold Mine," noted Star CEO Alex Pernin in a statement.

Biocept Inc (NASDAQ:BIOC) has said it presented a study demonstrating the ability of its CNSide assay to identify HER2 and other actionable tumor alterations in the cerebrospinal fluid of patients with breast cancer and leptomeningeal disease (LMD). The poster was chosen for a Spotlight Presentation at the San Antonio Breast Cancer Symposium on December 8, 2021, the company added in a statement. LMD is a devastating complication in which cancer spreads to the membrane surrounding the brain and spinal cord. The current standard of care for diagnosing LMD is through clinical evaluation, imaging, and cytology, which have limited sensitivity and are unable to identify important tumor biomarkers such as HER2.

Victory Square Technologies Inc (CSE:VST, OTCQX:VSQTF) has provided a sweeping update on its promising portfolio of companies, financials, and outlook from the start of September till early December this year. The Vancouver, British Columbia-based company, which invests in promising start-ups, said it plans to reward shareholders by issuing special share dividends of its portfolio companies when such companies undergo a liquidity event. “The company has issued two special common share dividends to date in 2021, with a third dividend expected to be issued by December 30, 2021,” the company said in its corporate update. On December 7, Victory Square said it will dividend out around 4.5 million shares in Fantasy 360 Technologies Inc. (CSE:VRAR, OTCQB:FNTTF) doing business as Immersive Tech to its shareholders.

PlantX Life Inc said it has achieved record-breaking revenue of C$153,000 for the sales generated from its 2021 Black Friday and Cyber Monday promotions. The company said this year's Black Friday and Cyber Monday e-commerce promotions and sales represented revenue growth of 63%, or C$60,000, from the same period last year. “Our e-commerce sales success during Black Friday and Cyber Monday is extremely encouraging,” PlantX Life founder Sean Dollinger said in a statement.

Harbor Custom Development Inc said it has finalized the sale of 20 developed lots in the state of Washington to Noffke Homes in a $3.8 million deal. The lots are located in the town of Blaine at Harbor’s Horizon at Semiahmoo subdivision, which it acquired in July 2021. Harbor’s purchase included 71 developed lots with panoramic views of Birch Bay and the Cascade Rang, and is located adjacent to the Semiahmoo Resort and award-winning golf course. Noffke Homes is the first builder to close in Phase 1 of Horizon and anticipates pre-sales to begin in the first quarter of 2022, Harbor said.

Aurion Resources (TSX-V:AU) Ltd has announced results from an additional six holes at the ongoing exploration program on its joint venture (JV) with B2Gold Corp in Finland’s Central Lapland Greenstone Belt, which intersected “significant” gold mineralization while extending the strike length of the recent Kutuvuoma-Ikkari (Helmi) discovery to 1.3 kilometres (km). Drill results included 1.3 grams per tonne (g/t) gold over 19.9 metres (m) from 89.3m depth. “The Helmi discovery is already showing the potential to be a significant gold occurrence,” Aurion Resources (TSX-V:AU) (Aurion Resources (TSX-V:AU)) CEO Matti Talikka said in a statement.

FSD Pharma (CSE:HUGE, NASDAQ:HUGE) Inc said it has formed a regulatory advisory board and appointed Dr Joga Gobburu and Dr Mary Melnyk as members. The Toronto-based company said that the regulatory board was formed by Lakshmi P. Kotra, CEO of FSD Pharma (CSE:HUGE, NASDAQ:HUGE)’s subsidiary Lucid Psycheceuticals. “We are thrilled to welcome Drs. Gobburu and Melnyk as members of our recently established board and are looking forward to applying their combined expertise in global quality and regulatory systems as we advance our drug candidates toward the clinic to serve global markets,” said Kotra in a statement.

Phunware Inc (NASDAQ:PHUN) said it has purchased an additional 100 bitcoin for approximately $4,975,000 in cash at an average price of approximately $49,750 per bitcoin, inclusive of fees and expenses. As of December 9, 2021, Phunware holds an aggregate of approximately 630 bitcoin, which were acquired at an aggregate purchase price of approximately $36.8 million and an average purchase price of approximately $58,513 per bitcoin, inclusive of fees and expenses.

Northstar Gold Corp has announced that its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company (DTC) in the United States. The ability to have Northstar's shares electronically cleared and settled in the United States is far more convenient and reduces the costs incurred in trading shares. With Northstar's shares now traded electronically, existing investors benefit from greater liquidity over time and execution speeds, while new investors are far less restricted from participating in Northstar's shares. The DTC is the largest securities depository in the world and facilitates electronic settlement of stock certificate transfers in the United States. This electronic method of clearing securities accelerates the settlement process for investors and brokers. DTC eligibility compliments Northstar's recent OTCQB Venture Marketplace approval.

Marble Financial Inc has said it will host an investor webinar on Thursday, December 9, 2021, at 1.00pm Eastern Time to discuss the company's recent developments and growth strategy. The chief executive officer of Marble, Karim Nanji and its executive chairman, Mike Marrandino will present and answer investor questions at the webinar. Registration link: https://us02web.zoom.us/webinar/register/WN_-uqLBATaTlarv0hURfEa8Q

Emmaus Life Sciences Inc (OTCQX:EMMA) has announced that Dr Yutaka Niihara, its chairman and chief executive officer will present live at VirtualInvestorConferences.com, at 12.30pm ET on December 16, 2021, via the following link: https://bit.ly/3cIf2X6. 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.

Nextech AR Solutions Corp has announced that it will be presenting with Microsoft and Ryerson University at 'The Metaverse & Augmented Reality Labs: The Future of Learning'' event today, December 9, 2021, followed by a Q&A question. Investors can click here to register and attend the event: https://ar-metaverse-labs.infernoar.com/register/attendees/703765d7-9713-4301-ea12-08d9a8556a91/703765d7-9713-4301-ea12-08d9a8556a91

NEXE Innovations Inc (TSX-V:NEXE, OTC:NEXNF) has said it will present at the Plant Based World Conference & Expo being held on December 9 and 10, 2021, at the Javits Center in New York City, New York. NEXE Innovations will be present at booth 240. "We are delighted to showcase our product lines at the Plant Based World Conference & Expo in NYC. Having launched three major categories in 2021: XOMA Superfoods and our Keurig and Nespresso OriginalLine compatible pods, we believe that this is a great venue to present our NEXE suite of products. NEXE will continue to attend other industry conventions worldwide to expand our business and to meet distributors and consumers as well as educate the market on our products," said Ash Guglani, president of NEXE. "Our products continue to be met with significant interest which we believe we will convert into sales in 2022."

Gevo Inc (NASDAQ:GEVO) has announced that its chief executive officer, Dr Patrick Gruber will participate in a Water Tower Research Fireside Chat on Thursday, December 16, 2021, at 4.00pm EST. Investors and other persons interested in participating in the event must register using the following link: https://globalmeet.webcasts.com/starthere.jsp?ei=1518736&tp_key=1272073763. Registration for the live event is limited but may be accessed at any time for replay after the presentation ends on December 16, 2021, utilizing the same registration link.

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