MAS Gold Corp said it has signed a non-binding letter of intent with Comstock Metals to acquire 100% of its interest in its Preview SW gold deposit and property in return for 30 million MAS Gold common shares. The company said Comstock's 843-hectare Preview SW Property was contiguous with its Preview North Property in the La Ronge Gold Belt of northeastern Saskatchewan. The Preview SW Property and portions of the Preview-North properties are located within the Mineral Exploration Zone of Lac La Ronge Provincial Park, it added. “Upon completion of the proposed transaction this high-quality asset combined with MAS Gold's mineral portfolio, which includes the recently updated North Lake and Greywacke North mineral resources announced December 6, 2021, and December 9, 2021, respectively, MAS Gold will become one of Saskatchewan's biggest gold developers,” MAS Gold president and CEO Jim Engdahl said in a statement "Under the terms of the proposed transaction, Steven Goldman, the president and CEO of Comstock will join the MAS Gold. We look forward to working with him,” he added.
Binovi Technologies Corp, the visual technology company, said it had closed its non-brokered private placement of around 10.03 million shares at $0.15 each for total gross proceeds of $1,505,000.10. Proceeds will be used for working capital and general corporate purposes. All shares issued in connection with the financing are subject to a statutory hold period of four months and one day following closing, it added. Completion of the private placement is subject to a number of conditions, including approval of the TSXV. Binovi said its platform, Binovi Connect, is currently used across the globe by a multitude of users, including optometrists, high-performance sports organizations and for educational purposes. Designed for vision optimization and the enhancement of skills related to cognitive performance, Binovi Connect provides measurable results in less time, and with less effort.
Emmaus Life Sciences Inc (OTCQX:EMMA) has announced positive transfusion data from a post-hoc analysis of its Phase 3 study of Endari in patients with sickle cell disease. Endari is a prescription L-glutamine oral powder that is approved by the US Food and Drug Administration to reduce complications of sickle cell disease. Analysis of the Phase 3 data indicated that patients who got blood transfusions required 43% fewer units of red blood cells when treated with Endari.
Kootenay Silver Inc told investors its joint venture with Aztec Minerals Corp has commenced reverse circulation (RC) drilling at the Cervantes porphyry gold-copper property in Sonora, Mexico. The company said the JV plans a 22-hole, 5,000-metre (m) RC drill program over the next three months to test four main targets. Cervantes is a highly prospective porphyry gold-copper-molybdenum property located in southeastern Sonora state, Mexico. The project lies 160 kilometres (km) east of Hermosillo, Sonora, Mexico, within the famous Laramide porphyry copper belt approximately 265 km southeast of Grupo Mexico’s Cananea porphyry copper-molybdenum mine.
Progressive Planet Solutions Inc (TSX-V:PLAN) revealed it has received exceptional 28-day Strength Activity Index (SAI) results of PozGlass 100G SCM — the company's new and proprietary supplementary cementing material (SCM) made from 100% recycled glass. Following its public unveiling of PozGlass 100 SCM on November 9, 2021, the company said test results for untreated glass showed an SAI value of 83%, while the three PozGlass 100G SCM samples registered a 28-day SAI average value of 113.4% compared to the Portland cement control sample. "We are thrilled with these latest results," the company’s vice president of business development Ian Grant said in a statement.
Camino Minerals Corp has reported that discovery drilling, consisting of five exploration drill holes, intercepted anomalous copper mineralization over a strike extent of around 6.5 kilometres (km) with grades up to 1.05% copper (Cu) at its Los Chapitos copper project in Peru. The Vancouver-based copper exploration company said the drill holes also contained “consistent” cobalt mineralization and trace amounts of silver and gold. “The initial five exploration drill holes show anomalous copper, cobalt, and trace gold and silver with up to 1.05% copper and 0.36 grams per ton (g/t) gold, covering 6.5 km of strike extent on the Diva Trend and only a fraction has been drill tested with very encouraging results in this round of exploration drilling,” said the company.
ImagineAR Inc has announced that during the holiday season it will launch FameDays.com on December 20, 2021, to instantly deliver free celebrity hologram greetings to any location in the world. Using the FameDays mobile app for both IOS and Android, the company said fans can enjoy free holiday hologram video messages right in their homes. Fans can record their own videos and pictures with the virtual star as if they are standing right next to them in real life and then share the content on social media, said the company.
Royal Road Minerals Limited said it has entered into two binding Heads of Agreements over properties located near its Guintär copper and gold project in Colombia. In a statement, the company said the agreements involve a mining concession contract owned by titleholders as well as an application for a mining concession contract owned by an individual applicant and its nominees (applicants). "These local alliances are in line with the Company's strategy of substantial community collaboration," said Raul Farfan, Royal Road's executive director of sustainability in a statement. "Our custody over such local mineral developments will ensure the application of world's best practices in respect of the environment and surrounding communities".
Psyched Wellness (CSE:PSYC, OTCQB:PSYCF) Ltd has announced the appointment of Del Mahabadi as the company’s new digital marketing consultant to drive the launch of its AME-1 products to market next year. Psyched Wellness (CSE:PSYC, OTCQB:PSYCF) said Mahabadi is a highly successful marketer and leader with a long track record of helping organizations effectively develop and execute marketing strategies.
Sassy Resources (CSE:SASY, OTCQB:SSYRF) Corporation said it filed the preliminary non-offering prospectus for its Newfoundland-focused subsidiary Gander Gold Corporation with the British Columbia Securities Commission (BCSC) on December 2, 2021. The company also announced that Gander Gold has appointed its founding executive officers and board of directors. The filing of the preliminary prospectus with the BCSC initiates the review and approval process. Following final approval of the non-offering prospectus by the BCSC, Gander Gold will convert 100% of the outstanding Special Warrants into Gander Gold common shares and will file a 2A Listing Statement with the Canadian Securities Exchange (CSE). The prospectus qualifies all of the shares issued under the Special Warrants so that they will be free trading when Gander Gold commences trading. The company said it will update on timing of the process as it progresses in the coming weeks. Mark Scott, president and CEO of Sassy who will also be Gander Gold's founding President and CEO, commented: "Gander Gold will have a powerful presence in Newfoundland as Sassy's eight projects on the island covering 2,257 sq. km constitute the property spinout. Exploration has already been carried out at each of these projects with exciting early results from Gander North and many more results to come over the next couple of months. Gander Gold will be well-positioned to quickly establish itself as a discovery leader in Newfoundland. With respect to Sassy, it will be left with a large share position in Gander along with its 100%-owned Foremore Project in northwest BC's prolific Eskay Camp. Keeping with the brand and our strategy from the day we originally commenced trading on the CSE in August of last year, Sassy is currently in discussions to acquire a drill-ready new property in a very favorable jurisdiction to maintain its ability to carry out direct exploration year-round following the Gander Gold spinout."
Jack Nathan Medical Corp, a provider of primary care medical clinics located in Walmart Supercentres under the Jack Nathan Health (TSX-V:JNH, OTCQB:JNHMF) brand in Canada and Mexico, has announced that its CEO Dr Glenn Copeland and CFO David Berman, its chief financial officer will present a company overview live at VirtualInvestorConferences.com, at 1.30pm Eastern Time on December 16, 2021. To view the conference, investors can visit: https://www.virtualinvestorconferences.com/events/event-details/life-sciences-investor-forum-3?utm_source=Participating+Company&utm_medium=press+release&utm_campaign=121621LSIF&utm_id=121621LSIF
Ketamine One (NEO:MEDI.AQN) Capital Ltd, which acquires clinics and other businesses that work across the mental health value chain, has reported its first year of revenue generation since going public. The Vancouver, British Columbia-based company reported revenue of $1,131,171 for the year to July 31, 2021, compared to nil the previous year, as it transitioned from an investment issuer to a single-purpose company focused on consolidating medical clinics and becoming a North American leader in mental health treatments. Total assets for the year increased by 346% to $21,921,195 from $4,919,093 in fiscal 2020, mainly attributable to its acquisition of contract research organization KGK Science Inc.
Vox Royalty (TSX-V:VOX) Corp has updated investors on recent exploration by partners at four of its royalties and revealed it expects resource upgrades at six projects over the next six months to continue its organic growth. Vox has built up a portfolio of over 50 royalties and streams in eight jurisdictions and the statement covered news from resource partners Quantum Graphite Ltd, Develop Global Ltd, Silver Mines Ltd and ValOre Metals (TSX-V:VO) Corp. "This past month's exploration progress caps off a record year of partner-funded exploration on Vox's royalty projects with approximately 170,000 metres drilled across 18 separate projects," said the firm's chief investment officer Spencer Cole.
Bhang Inc (CSE:BHNG, OTCQB:BHNGF) said it has entered into a strategic partnership with INDVR Brands Inc, a premier cannabis brand house and infused products producer, to bring Bhang's products to the state of Colorado. The company said the new licensing deal is part of its ongoing expansion plans, providing access to another state and additional revenue generation. Management from both companies have collaborated to bring its products initially to Colorado, then expand discussions around other available jurisdictions in the US, it added. Both companies anticipate stock-keeping units (SKUs) to initiate in January and expect to report revenue figures generated from this strategic partnership in fiscal second-quarter 2022 financials.
Royal Road Minerals Limited has announced results from the first three drill holes of its current drilling program at the Guintär copper-gold project in Antioquia Department, Colombia. “These are very exciting initial results from our Guintär project,” said Royal Road CEO Tim Coughlin in a statement. “They are the product of some very careful geological work which utilized our existing geochemical database to provide vectors into a potential source of the ten square kilometers of alteration and mineralization we observe at surface. Furthermore, coupled with our Margaritas gold project, located just four kilometers to the southeast of Guintär, it now appears as though we are defining a new and underexplored copper-gold district in the Middle Cauca region.”
Empower Clinics Inc said it has partnered with Fobi AI (TSX-V:FOBI, OTCQB:FOBIF) Inc on a premier SMS integration system aimed at enhancing subsidiary Kai Medical Laboratory's existing coronavirus (COVID-19) testing infrastructure. The Vancouver, British Columbia-based healthcare company said it plans to implement the SMS system across its subsidiary network to simplify customer experiences and optimize business operations. The newly developed system was specifically designed to augment Kai Labs’ COVID-19 testing efforts at the Gala Games Conference in Las Vegas, which was held from December 11 to 13, 2021. It utilized QR codes to provide a paperless registration process. Attendees then provided a cellphone number, which was subsequently used to conveniently relay their test results via SMS.
Kodiak Copper Corp has reported new drill results from its MPD copper-gold project in British Columbia revealing significant grades at the Gate Zone. Highlights from the three holes reported include 126 meters (m) of 0.72% copper, 0.21 grams per ton (g/t) gold and 2.95 g/t silver, within a broader interval of 537m at 0.37% copper, 0.11 g/t gold and 1.40 g/t silver. In a statement, Vancouver-based Kodiak said that systematic drilling at the Gate Zone during 2021 continues to intersect porphyry-related mineralization and host lithology along 950m of strike, with the depth and width typical of other multi-center copper porphyry deposits in British Columbia.
Australis Capital Inc (CSE:AUSA, OTCQB:AUSAF), doing business as Audacious, announced a new partnership with First Americans LLC of the Saint Regis Mohawk Tribe in New York State to develop and operate a cannabis operation on tribal land. The partnership will be responsible for cultivation, processing and manufacturing facilities, as well as two retail dispensaries, on tribal land. In a statement, Las Vegas-based Audacious told shareholders that the partnership creates early-mover advantage in the state, which boasts a population of 20 million.
Braxia Scientific Corp, a medical research company with clinics providing novel psychedelic treatments for depression, revealed that it has hit a milestone by running the first Health Canada-approved multiple-dose psilocybin clinical trial which started with the first patients dosed in November this year. The trial, sponsored by the Brain and Cognition Discovery Foundation, is being conducted at the Canadian Rapid Treatment Center of Excellence (CRTCE), which is a wholly-owned subsidiary of the company. Braxia said the trial includes adults with treatment-resistant depression (TRD) as part of bipolar or unipolar disorder, who have not benefited from multiple treatments. This study is the only Health Canada-approved psilocybin trial in Canada that is actively recruiting participants at this time.
Pathfinder Ventures (TSX-V:RV) Inc said it has entered into an agreement with an arms-length party to acquire a 100% interest in a 1.9-acre property adjacent to its existing Pathfinder Camp Resort location in Agassiz, British Columbia (BC). The company noted the total purchase price for the property is $750,000 cash, excluding closing costs. “This property offers significant growth potential for our newly renovated Pathfinder Camp Resort in Agassiz, BC,” Pathfinder CEO Joe Bleackley said in a statement. “We have the staffing and amenities in place, so we will plan to develop most of the 1.892 acres into additional (recreational vehicle) RV campsites offering full hook-up connections for our customers."
i-80 Gold Corp. has announced a US$135 million financing package to help it realize its goal of creating a Nevada-focused mid-tier gold producer. The gold mining group told investors that the package, which comprises convertible loans along with gold and silver purchase and sale agreements (secured against its Ruby Hill and Granite Creek projects) when combined with the firm's recent equity financing will mean it has around US$200M in the treasury. "Our primary target is to quickly grow our production profile to create a Nevada-focused mid-tier gold producer and achieve our goal of becoming one of the largest producers in the State," said Ewan Downie, i-80 Gold CEO.
Esports Entertainment Group, Inc said it has completed the full migration of its SportNation.com and Vie.bet iGaming sites to its proprietary Idefix platform. Prior to the migration, it said both iGaming brands leveraged a platform from BetConstruct to deliver their iCasino and sportsbook offerings. "The migration to Idefix is an important milestone for Esports Entertainment Group as it clearly demonstrates our company's success in technology development and integration as well as our ability to drive operational efficiencies to enhance the profitability of our iGaming brands," CEO Grant Johnson said in a statement. "We expect the consolidation of SportNation and Vie onto our proprietary platform will allow both brands to grow their revenue and enable us to cross-sell our offerings to more efficiently maximize player value," he added.
HempFusion (TSX:CBD.U, OTCQX:CBDHF) Wellness Inc has unveiled an initiative starting next year aimed at driving annual savings of $4 million and planting the business on the path to profitability. Project OPTIMIZE will focus on the firm's large family of brands and on three major areas - the optimiztion of workforce, supply-chain and marketing, the company said in a statement, in which it also updated on its retail growth expectations for 2022. "This past year included several significant milestones for HempFusion, including the acquisition of two very strong brands in Apothecanna and Sagely Naturals. As we progressed through the integration process, we identified several optimization opportunities to drive efficiencies and help achieve our goal of near-term profitability,” said CEO Jason Mitchell.
Organic Garage (TSX-V:OG) Ltd announced that its plant-based food company, Future of Cheese Inc, added a new truffle-infused version of its popular cultured plant-based butters. Organic Garage (TSX-V:OG) said its line of salted and unsalted cultured plant-based butters have been selling faster than expected since being launched in October.
American Manganese Inc and its research contractor Kemetco Research have reported that the company’s 6,700-square feet demonstration plant facility in Greater Vancouver is primed and taking delivery of major equipment to advance its RecycLiCo project. The Surrey, British Columbia-based critical metals company noted that with the planned operation start-up in February 2022, American Manganese's 500 kilograms (kg) a day cathode waste RecycLiCo plant is poised to become the first hydrometallurgical demo facility in North America for lithium-ion battery recycling and upcycling. Powered by a clean source of hydroelectric power, the RecycLiCo plant is equipped to demonstrate “continuous, real-world operating conditions” and to “supply bulk quantities of upcycled products” to potential strategic partners, said the company.
CLS Holdings USA, Inc said its wholly-owned subsidiaries in Nevada generated net revenue of $1.8 million and a record gross margin of 56% during November. The Las Vegas, Nevada-based cannabis company said this represented a significant monthly increase in gross margin of 20% year-over-year and 66% over 2019, as well as the largest gross margin the company has ever achieved. The wholesale branded division at City Trees remained hot with monthly net revenue growth of 91% year-over-year and 132% over 2019.
Recruiter.com Group Inc has announced a partnership with workforce intelligence company], Revelio Labs to produce 'Market Trends Analysis: Recruiting Recruiters'. The company noted that the demand for recruiters continues to soar as a result of the 'Great Resignation' and the amplified employee churn. The increase in open positions has recruiters in such high demand that the Wall Street Journal recently referred to recruiters as the hardest position to recruit for. "We are currently experiencing an exciting time for the job market and with a company called Recruiter.com, we are really at the epicenter of everything that is going on. We are reinventing the recruiting landscape with our career community of talent acquisition professionals, ready to help fill companies' open positions, faster and better," said Recruiter.com's CEO, Evan Sohn in a statement.
ACME Lithium Inc said it proposes to issue up to 833,334 units at a price of $1.20 each for aggregate gross proceeds of $1 million through a non-brokered flow-through private placement. The company said it will use the gross proceeds of the private placement for exploration at its 100% owned Cat-Euclid and Shatford Lake lithium projects in southeast Manitoba. ACME holds 27 claims totaling approximately 11,803 acres strategically situated in the pegmatite fields of the Bird River Greenstone Belt (BRGB) in southeastern Manitoba, Canada. Each unit in the private placement will consist of one flow-through common share and one-half of one non-flow-through common share purchase warrant. Each whole warrant entitles the holder to purchase one additional common share at a price of $1.50 per share for two years.
Tocvan Ventures Corp said it has closed the second tranche of its previously announced non-brokered private placement for gross proceeds of $266,000. Under the offering, the company issued an aggregate of 266,000 units at $1.00 per unit. Each unit consists of one common share and one-half common share purchase warrant. Each warrant entitles the holder to acquire one common share at a price of $1.50, for a period of 24 months from the closing of the offering. Proceeds from the offering will be used to advance the Pilar Gold-Silver Project in Sonora, Mexico, Tocvan noted. “With a first phase of trenching complete and drilling set to begin, we remain focused on the advancement of Pilar and are excited to announce the recent financing will provide the capital to see us through to our next phase of exploration,” said Tocvan VP Exploration, Brodie Sutherland in a statement.
Hillcrest Energy Technologies (CSE:HEAT, OTCQB:HLRTF) Inc has announced the addition of Dr. Heinz-Georg Burghoff as a commercialization consultant. He will help drive and oversee European market access and business expansion activity, working with EV and automotive original equipment manufacturers (OEMs) as the company advances its Silicon Carbide High Efficiency Inverter (SiC HEI) technology and overall growth strategy. Hillcrest said Dr Burghoff is an automotive business and product strategy expert in vehicle electronics. Schooled and trained as a scientific expert in electric technologies and applied physics, he spent over 20 years with DaimlerChrysler AG. He held various management positions in passenger car development, heading up electric/electronic development for all passenger cars as well as directing battery technology and strategy.
Virtual Investor Conferences, the leading proprietary investor conference series, has announced the agenda for its quarterly Life Sciences 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. The program opens at 9.15am ET on Thursday, December 16, 2021, with the first live webcast at 9.30am ET and interested parties can register via the following link:https://bit.ly/3GLriDg. 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 Inc'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.
Safe-T Group (NASDAQ:SFET) Ltd said that NetNut Ltd, the company’s enterprise privacy solutions subsidiary unit has entered into a settlement agreement with Bright Data Ltd.2 (f/k/a Luminati Networks Ltd agreeing to terminate the patent infringement action Bright Data initiated against NetNut on June 11, 2020, in the United States District Court for the Eastern District of Texas, Marshall Division. NetNut respects the valid intellectual property rights of others and believes that Bright Data’s patents were not infringed by NetNut’s services and that they are invalid based on voluminous prior art. In order to continue providing superior technology and service to its customers and to free the market of invalid patents that are used in litigation as a tool to stifle market innovation and inhibit market growth and fair competition, NetNut will continue to challenge the validity of all relevant patents controlled by Bright Data.
Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) has announced the grant on December 13, 2021, of 11,400,000 stock options under the company's Stock Option Plan to certain directors and senior management. Under the plan, the company is able to issue Options to a maximum of 10% of the number of issued and outstanding common shares in the company from time to time. The options issued have a strike price of £0.07625, being the closing mid-price on London's AIM on December 13, 2021, and vest, subject to the achievement of certain corporate performance target criteria, in thirds on each of the first, second and third anniversaries of grant. The options expire six months from vesting. Following these grants, the company will have a total of 17,114,000 options issued under the plan.
Ridgeline Minerals (TSX-V:RDG, OTCQB:RDGMF) Corp said it has granted an aggregate of 650,000 stock options to directors, officers, employees and consultants of the company in accordance with its incentive stock option plan, subject to regulatory acceptance. These incentive stock options are exercisable at $0.37 per share for a period of five years. The company also announced that it has granted an aggregate of 300,000 deferred share units, (DSUs) to the directors of the company and 75,000 restricted share units (RSUs) to employees and consultants of the company. The DSUs and RSUs are governed by the company's RSU/DSU Plan and will be subject to applicable securities law hold periods.
Helix BioPharma Corp has said it is extending the exercise period of a total of 1,520,000 outstanding common share purchase warrants, all of which are held by arm's length parties, for a period of two years from their current expiry dates. The warrants were issued under private placements that closed in December 2016 and represent approximately 1.1% of the company's issued and outstanding common shares. The warrant extension is subject to the approval of the Toronto Stock Exchange. The details are 1,313,000 warrants issued December 29, 2016, with an exercise price of $1.50 extended to December 28, 2023, from December 28, 2021; and 207,000 warrants issued December 29, 2016, with an exercise price of $1.50 extended to December 29, 2023, from December 29, 2021.
Argentina Lithium & Energy Corp (TSX-V:LIT, OTCQB:PNXLF) said the TSX Venture Exchange has accepted for filing documentation with respect to its non-brokered private placement announced November 1, 2021, and November 26, 2021, which will see the issue of 13,260,337 shares at a purchase price of 45 cents per share together with 13,260,337 share purchase warrants with an exercise price of 70 cents for a three-year period with 96 placees.
Benchmark Metals Inc said the TSX Venture Exchange has accepted for filing documentation with respect to its brokered private placement announced November 15, 2021, which will see the issue of 18,216,000 flow-through B shares and1.92 million flow-through A shares at purchase prices of $1.42 per flow-through B share and $1.25 per flow-through A share, together with 16,068,000 share purchase warrants with an exercise price of $1.55 for a two-year period with 77 placees.
Playgon Games (TSX-V:DEAL, OTCQB:PLGNF) Inc has announced the availability of a podcast titled, “Digitization Reshaped Ecommerce First, Now Moving to Online Gaming. To hear the broadcast, investors can visit: https://news.networknewsaudio.com/
Water Tower Research has published an initiation of coverage report on AdTheorent which can be accessed via the following link: https://www.watertowerresearch.com/content/merging-with-adtheorent-ad-ai-technology-leader-projecting-30-cagr-going-public-at-28-discount-to-peers/