Chesapeake Financial Shares Inc, the parent company of Chesapeake Bank and Chesapeake Wealth Management, reported record earnings of $15,009,514 for calendar year 2021.That’s a 27.7% year-over-year increase, the company noted in a statement. Chesapeake said the reported earnings per share were $3.105 fully diluted as compared to $2.395 EPS in 2020. The company ended the year December 31, 2021, with total assets of $1,385,816,175, a 15% increase over year-end 2020.
Research Capital has repeated its ‘Buy’ rating on Mandalay Resources Corp as the gold exploration company released more positive results from the ongoing drilling at its Bjorkdal underground gold mine in Sweden. In a note to clients, the analysts maintained its Buy rating and $5.75 per share target price, based on the continued use of a 1 multiple to the net asset value. The analysts noted: “The company turned its attention to the Central Zone area and has drilled another 17 holes comprising 7,253 meters (m), resulting in the intersection of mineralization at least 350m from the current workings and the addition of 16 new veins to the 21 known ones.”
Pacific Empire Metals Corp announced the sale of its LLH1 mineral claim in British Columbia to Engold Mines Ltd. The two companies reached an agreement on the 1,315-hectare property for consideration of a 2% net smelter return royalty on the claim, purchasable by Engold at any time for C$1 million. LLH1 borders Engold’s Lac La Hache Property in the Cariboo region of British Columbia and is the same property as the tenures that were part of a former agreement known as the Red Joint Venture between Engold and Pacific Empire that ended in 2018.
Mydecine Innovations Group Inc (OTC:MYCOF, NEO:MYCO) has announced a partnership with Combat Stress and the King's College London to utilize psilocybin as part of a psychoactive-assisted psychotherapy treatment for post-traumatic stress disorder (PTSD) in veterans. Combat Stress is the leading charity aiding veterans’ mental health in the UK, providing treatment and support to former servicemen and women for over a century. They provide a range of online, community, outpatient and residential specialist mental health services to veterans with complex mental health issues related to their military service. Combat Stress will be one of several sites for Mydecine’s upcoming clinical trials.
Karora Resources Inc has announced new exploration drilling results from its Beta Hunt Mine that materially extend the strike length of gold mineralization at the Fletcher Zone to over 500 metres (m). The company said the recently discovered Gamma Block mineralization strike length has also been extended to over 200m. Both mineralized systems remain open along strike and at depth, it added. “Exploration at Beta Hunt continues to drive extensions of known primary shears and of newly discovered zones, underscoring the fact that we are only just beginning to understand the true potential of the mine,” Karora CEO Paul Huet said in a statement. “The new drilling announced today highlights the exciting potential south of the Alpha Island and Gamma faults.”
Harbor Custom Development Inc has said it will accept Bitcoin and 12 other digital currencies as payment for its listed land, developed lots, residential homes, condominiums, and apartments in the Washington State, California, Texas, and Florida markets. In addition to the Bitcoin cryptocurrency, the company also accepts Ethereum, USD Coin, XRP, Dogecoin, SHIBA INU, Binance USD, Wrapped Bitcoin, Litecoin, Dai, Bitcoin Cash, Pax Dollar, and Gemini Dollar. Harbor uses a third-party company that converts cryptocurrencies to US dollars and those funds are sent to escrow to close the transaction. All real estate transactions are settled in US dollars.
The Good Shroom (TSX-V:MUSH) Co Inc has provided highlights of 2021 while announcing details of the annual general meeting of shareholders which will be held on January 25, 2022. "During this past year, and following the reverse takeover transaction in April 2021, we have been refining our product offering, expanding our sales channels, and strengthening our sales force for the Teonan Beverage line,” said Eric Ronsse, the chief executive officer of The Good Shroom (TSX-V:MUSH) Co. He added: “We anticipate seeing positive results this current year. As well, our cannabis division is showing early signs of success as sales of the company's new hash brands to the SQDC (Quebec's authorized retailer), which began December 24, 2021, have already generated $297,000 in sales over a 4-week period.”
Newrange Gold Corp has told investors that drilling will start at its North Birch project in early February this year, with at least 4,000 metres (m) set to be sunk in Red Lake, split roughly evenly between there and the company's Argosy gold mine property. "We believe that Newrange’s winter drill program on its North Birch and Argosy gold mine projects will be the largest in the Birch-Uchi Belt this year, outside of the nearby Springpole deposit," said Robert Archer, Newrange's CEO, in a statement. "Our two projects complement each other very well in that Argosy, being the largest past-producing gold mine in the belt, has known gold mineralization that is open to depth, while North Birch holds the ‘blue sky’ potential for a significant new discovery," he added.
Benchmark Metals Inc has revealed new drill results from its Dukes Ridge deposit that extends mineralization from surface to 220 metres depth. Highlights from 27 drill hole results include 49.10 metres (m) core length of 1.86 grams per tonne (g/t) gold and 39.96 g/t silver or 2.36 g/t gold equivalent (AuEq), with 3.84 m of 12.50 g/t gold and 240.16 g/t silver or 15.50 g/t AuEq. The company also extended mineralization beyond the 2021 modelled pit shell including 64.48 m core length of 0.70 g/t gold and 29.02 g/t silver or 1.06 g/t AuEq with 3 m of 4.88 g/t gold and 270.79 g/t silver or 8.26 g/t AuEq.
CleanSpark Inc (NASDAQ:CLSK) has announced that its hashrate recently exceeded 2 exahashes per second (EH/s), doubling over the past three months. The Bitcoin mining and energy technology company said at a 2 EH/s hashrate, it now sustainably produces around 10 bitcoins a day and has an installed production capacity that puts it among the top of publicly-traded North American miners. Hashrate, or the computing power to mine a cryptocurrency, is one of the most important metrics for evaluating publicly traded bitcoin miners because it determines how many bitcoins a miner is producing on a regular basis.
Naturally Splendid Enterprises Ltd said it has appointed chairman George Ragogna as its new chief financial officer (CFO), replacing current finance chief Bryan Carson. Ragogna brings over 30 years of experience in the Canadian financial services industry to the company. He has spent over 20 years in a progressive leadership role specializing in strategic planning, corporate sales, workforce optimization, and regulatory compliance for Co-operators Group Limited. “We have had the privilege of working with George in his role as chairman of the board. Having George step into the CFO role, with his 30 years of experience in the financial sector, is sure to be an asset for the company," said Naturally Splendid CEO J. Craig Goodwin in a statement.
LeanLife Health (CSE:LLP) Inc said it has completed the first tranche of its up to C$1 million non-brokered private placement, raising C$365,000 by issuing 7.3 million company units at a price of $0.05 per unit. LeanLife said it intends to use the proceeds from the offering for general capital purposes and towards the licensing agreement/product purchase orders with Foodcare for Mike Tyson-endorsed Iron Energy drinks. The company noted that each unit of the private placement is comprised of one LeanLife Health (CSE:LLP) common share plus one-half a transferrable share purchase warrant, with each full warrant entitling the holder to purchase an additional company share at a price of $0.075 for a two-year period after closing.
World Copper Ltd (TSX-V:WCU, OTCQB:WCUFF) has a healthy balance sheet and is expected to publish a key preliminary economic assessment (PEA) on its flagship Escalones copper project in Chile in February, according to Fundamental Research Corp, which has started coverage of the stock with a 'Buy' rating. Escalones already boasts a large copper oxide resource, with an inferred resource of 3.45 billion pounds of copper at a grade of 0.37%. "As the resource is in oxides, the project’s OPEX/CAPEX are expected to be significantly lower than typical porphyry (sulphide) projects," highlighted Fundamental's analysts in the initiation note.
Water Tower Research has published an update note on XpresSpa Group, which can be viewed here: https://www.watertowerresearch.com/content/new-ceo-announced/teaser?utm_campaign=elts&utm_medium=social&utm_source=social.
ESE Entertainment Inc said it has started a new division focused on expanding its existing business products and services to the metaverse. The metaverse is commonly defined as a network of 3D virtual worlds focused on social connection. The metaverse more specifically describes the Web3 based applications and worlds that are built on the blockchain. ESE said it has identified two primary metaverses that it will seek to build business products and services for -- Decentraland and The Sandbox. In addition, there are multiple Play-To-Earn video games that ESE is evaluating.
Algernon Pharmaceuticals Inc told investors that it believes the company has "maximized" its intellectual property (IP) position around DMT for stroke because it included so-called novel salt forms of the psychedelic compound in its recent patent applications. The drug repurposing company is researching AP-188 (N,N-Dimethyltryptamine, or DMT) as a potential treatment for the rehabilitation of stroke. A novel salt form of a drug is a new and separate structure from the original compound and is considered a new 'composition of matter'.
Bragg Gaming Group (TSX:BRAG, NASDAQ:BRAG) Inc said its ORYX Gaming unit has expanded its reach in the UK market after going live with Novibet. The Toronto-based gaming technology and content group said the launch follows ORYX receiving its UK license in November, enabling it to provide its content to leading brands in the large and established market. Exclusive titles from GAMOMAT and Peter & Sons, as well as games developed by ORYX’s in-house studio, can now be accessed by Novibet’s UK customers, the company said. Egyptian Magic, the debut title from soon-to-be-launched studio Atomic Slot Lab, powered by Bragg, will also be made available to local players.
O3 Mining Inc (TSX-V:OIII, OTCQX:OIIIF) has posted more encouraging drill results from its Québec assets, which show the potential to expand gold mineralization at the Kappa zone at its Alpha property. The latest assays come from three holes sunk at the Alpha project, which is part of the firm's ongoing 250,000 metre (m) program at the Marban and Alpha projects. Highlights included 12.4 grams per ton (g/t) gold at the Kappa zone over an intercept of 1.9m from a depth of 53m. "I am very excited about today's drill results which give us confidence in the continuity of gold mineralization and the potential of the Kappa Zone which extends at depth and remains open in many directions," Jose Vizquerra, the CEO of O3, told investors in a statement. "The proximity of the Kappa and Bulldog zones creates the potential for a sizeable project with robust grade, thickness, and continuity. We are eager to continue our 2022 winter drilling program where we will continue expansion drilling in the Kappa Zone through the coming months," he added.
Deepspatial Inc said it has expanded its partner program with a new infrastructure and urban planning partner in India. The artificial intelligence company told investors that the new contract represents its first entry into the infrastructure sector. Deepspatial’s technology will help to support organizations and provide data-driven decisions for governments, the company said. Its Indian partner will remain anonymous due to privacy reasons, the company added. The project will encompass things like identifying healthcare requirements in certain areas, opportunities to minimize waste disposal, and road network conditions.
Todos Medical Ltd has announced a data lock for the interim data analysis for the company’s Tollovir Phase 2 clinical trial for the treatment of hospitalized coronavirus (COVID-19) patients. The New York-based company said that it will release the results on January 27, 2022. “We are very excited to see the first controlled clinical trial data for Tollovir,” said Dorit Arad, chief scientific officer of NLC Pharma, Todos Medical’s 3CL protease biology theragnostics joint venture partner. Arad added: “We are also looking forward to completing the formation of 3CL Sciences to advance this critically important science into medical use.”
Esports Entertainment Group Inc announced that it has received an order approving a Transactional Waiver from the Director of the New Jersey Division of Gaming Enforcement, which permits the company to begin accepting bets in the state. Esports Entertainment said it is the first esports betting operator to receive a Transactional Waiver in New Jersey and the company plans to launch its VIE.gg betting platform following a five-day 'soft play' period, which will begin this afternoon. “We couldn't be more pleased to be the first esports-dedicated operator to be granted the right to commence business in New Jersey,” Esports Entertainment CEO Grant Johnson said in a statement.
XPhyto Therapeutics Corp told investors that its successful integration of 3a-diagnostics GmbH (3a), an acquisition, which closed in December last year, is already bearing fruit. 3a is a highly specialized German diagnostics company focused on innovative point-of-care test systems, including the COVID-ID lab - a rapid and flexible 20 minute-RT-PCR test. 3a has joined forces with the firm's German Vektor Pharma TF GmbH science company and the group is now working on sales activities inside and outside Germany, particularly Eastern Europe. COVID-ID lab can be distributed in all countries that accept an EU CE mark. "We are now realizing significant synergies in research and development, commercialization, marketing and sales, as well as significantly improved margins for commercial products, particularly Covid-ID Lab," said Professor Dr Thomas Beckert, managing director of XPhyto in a statement.
Kovo HealthTech Corporation (TSX-V:KOVO) has said it is forecasting 30% year-over-year organic growth for its initial 2022 guidance. The company said it anticipates pro forma revenues of C$15 million (US$12 million) with adjusted EBITDA expected to be in the range of 10%. Kovo added that its focus in 2022 is to create synergies from previous acquisitions while leveraging its technology platform to add top-line and bottom-line efficiencies. "In 2021, Kovo accomplished our public listing in June and quickly completed two, immediately accretive acquisitions,” said CEO Greg Noble in a statement. “Because Kovo executed well on our acquisitional and financial strategy, we've met our 2021 guidance goals and have now hit a milestone where the company is generating consistent, ongoing revenues.”
Kenorland Minerals Ltd (TSX-V:KLD) told investors it has entered into a property option agreement with a wholly-owned subsidiary of Centerra Gold Inc under which it has agreed to grant to Centerra the option to acquire up to a 70% interest in its Hunter property. The Vancouver-based mineral exploration company acquired the Hunter Project, located within the southern Abitibi Greenstone Belt, in Quebec, in 2019 through map staking after completing a comprehensive compilation and review of historical exploration data covering the project area. The property covers 18,177 hectares of mineral tenure over a felsic volcanic complex within the southern Abitibi Greenstone Belt. "We're looking forward to working with Centerra on the Hunter Project and to kick-off another large-scale systematic greenfields exploration initiative in the Abitibi Greenstone Belt,” Kenorland CEO Zach Flood said in a statement. “We believe this prospective region is generally under-explored due to the extensive glacial cover masking the bedrock geology and we look forward to advancing the project towards discovery with our newest partner."
AIM ImmunoTech Inc (NYSE:AIM) has announced positive data from a Phase 1/2 study of intraperitoneal chemo-immunotherapy in advanced recurrent ovarian cancer. The study has been published in the American Association for Cancer Research publication, Clinical Cancer Research under the title, 'Phase I trial combining chemokine-targeting with loco-regional chemo-immunotherapy for recurrent, platinum-sensitive ovarian cancer shows induction of CXCR3 ligands and markers of type 1 immunity'. The Phase 1/2 study, conducted by the University of Pittsburgh School of Medicine, is designed to evaluate the immunologic and potential clinical effectiveness of intensive locoregional sequential intraperitoneal (IP) cisplatin (IPC) with intravenous (iv) paclitaxel followed by peritoneal infusion of a chemokine modulatory (CKM) regimen composed of a cocktail of IP rintatolimod and interferon-alpha (IFNα) for patients with advanced-stage ovarian cancer (III-IV) at primary neoadjuvant setting.
Metal Energy Corp said it has started diamond drilling on its Strange nickel exploration project in the Thunder Bay area of northwestern Ontario. The Toronto-based company said it has planned approximately 1,500 metres (m) in two drill holes to target magnetic anomalies interpreted as ultramafic rock types overlying sedimentary units, typical of Proterozoic-age Midcontinent Rift System (MRS) nickel deposits. "We are excited to have initiated the company's first drill program, having achieved this milestone in less than two months from listing publicly on the TSXV on November 29, 2021,” the company’s CEO James Sykes said in a statement. “This is a testimony to the entire team moving the company forward at an expedited rate,” he added.
Endeavour Mining Corporation produced 390,000 ounces of gold in the fourth quarter of 2021, up 4% over production for the third quarter. For the full year to December 2021 the company produced 1.536mln ounces at an all-in sustaining cost of around US$880 per ounce. Full year production guidance for 2022 is set at between 1.4mln and 1.5mln ounces at all-in costs of between US$890 and US$940 per ounce.
Silvercorp Metals Inc (TSX:SVM, AMEX:SVM) has announced additional intercepts from the 2021 exploration program at its SGX mine in China, which included 3.2 meters (m) of 2,532 grams per tonne (g/t) silver and 14.4% zinc from 58.4m depth. The company said assay results for 209 of the 327 diamond drill holes have been received, with 102 holes intercepting mineralization. Silvercorp noted that most holes drilled during the July 1 to December 31, 2021 period targeted blocks of known silver-lead-zinc veins in production areas that were previously missed due to limited drilling or tunneling, changes in the strikes and dips, and/or pinch-swelling of the pay-zones in the veins.
Mandalay Resources Corp has reported exploration drill results from its Björkdal gold project in Sweden, which are highly encouraging for potential future production at the mine. The assays hail from the firm's eastern extension drill programs and include some of the best grades seen at Björkdal, said Mandalay, which has already submitted an application to extend its mining license holdings to cover this extension. "Predominantly, the intercepts are interpreted to be direct extensions of the Main and Central zone veining, however, the grades recovered from the Central Extension drilling show a distinct upgrading down plunge," said Mandalay CEO Dominic Duffy in a statement.
Champion Gaming (TSX-V:WAGR) Group Inc announced that it has acquired a Vendor Minor sports betting license in the state of Colorado. The company said the license, which was awarded by the Colorado Division of Gaming, allows Champion Gaming (TSX-V:WAGR) to partner with operators active in the state. “We are pleased to have been granted a license to operate in Colorado,” Champion Gaming (TSX-V:WAGR) CEO Ken Hershman said in a statement. “This is the first state of many that will enable us to structure revenue-generating partnerships with sportsbooks interested in our dedicated and engaged audiences across all our brands,” Hershman added.
Starton Therapeutics Inc said it has obtained promising results in a non-GLP (good laboratory practice) rabbit pharmacokinetic (PK) and skin irritation study of its STAR-LLD continuous-delivery transdermal patch containing lenalidomide. The privately-held clinical-stage biopharmaceutical company said the outcome of this study confirms transdermal administration of lenalidomide is feasible. “We are thrilled with the results of this non-GLP study,” the company’s chairman and CEO Pedro Lichtinger said in a statement. “STAR-LLD is potentially a transformational opportunity to expand the use of the current standard of care in multiple myeloma and eventually replace it so that patients can live longer and better,” he added.
Canada Silver Cobalt Works Inc said it has expanded its silver deposit at the Castle East project with “excellent intercepts” from the aptly-named Big Silver zone. Intercepts from Big Silver included 6,188 grams per ton (g/t) silver and 0.35% cobalt over 0.50m in hole CS-21-47, and 2,509.41 g/t silver and 0.10% cobalt over 0.50m in hole CS-21-73. The results will be included in an upcoming resource update planned for the end of 1Q 2022.
Sassy Resources (CSE:SASY, OTCQB:SSYRF) Inc said it has received drill permits for the Highrock Uranium Project in Saskatchewan’s Athabasca Basin through project operator Forum Energy Metals. The company said it intends to execute an approximate 3,000-meter diamond drill program consisting of 10-12 holes. Mobilization for access to the drill sites by a winter haul road has commenced with drilling anticipated in February. Sassy and Forum will provide a thorough overview of the project plans once the drills are turning, it added. Sassy noted that the property is located just south of the Key Lake mine and mill site. The Key Lake mine generated historic production of greater than 200 million pounds of uranium during its mine life. The Key Lake site continues to host a uranium processing facility operated by Cameco.
Bam Bam Resources (CSE:BBR) Corp has said it is eagerly awaiting results from its drilling program at the Majuba Hill project in Nevada. "I am very pleased with the progress made on the Majuba Hill District in 2021 and we eagerly await the results from the latest round of drilling,” Bam Bam CEO David Greenway told shareholders in a statement. “We know that the high grade is present at Majuba, as seen with previous intersects like 43 feet of 4% copper with MBH-2,” he added.
Fidelity Minerals Corp said it has engaged SGS Geological Services to complete a historic data review, validation, 3D modelling, and drill hole planning to support the Las Huaquillas Project in Northern Peru. Fidelity is planning and currently permitting a 5,000 metre drilling program at the Las Huaquillas Project which is expected to be completed by Q4 2022. As part of their mandate and at the conclusion of the drilling program, SGS will complete a mineral resource estimate and publish an NI 43-101 technical report. SGS has over 35 years of experience providing the mining industry with computer-assisted mineral resource estimation services using cutting edge geostatistical techniques. SGS is known globally as the expert in ore body modelling and reserve evaluation, and brings the disciplines of geology, geostatistics, and mining engineering together to provide accurate and timely mineral project evaluation solutions.
KetamineOne Capital has announced that the company will change its name to Wellbeing Digital Science Inc. Wellbeing will continue to trade under the stock symbol ‘MEDI’ on the NEO Exchange, under the stock symbol ‘KONEF’ on the OTCQB Venture Market and under the symbol ‘MY0’ on the Frankfurt Stock Exchange. “We are excited to announce our new name and reveal our updated branding that is better aligned with our multidisciplinary approach, which encompasses mental and physical health through the pursuit of a variety of traditional and novel digital therapeutics,” said Adam Deffett, interim CEO of Wellbeing.
PowerTap Hydrogen Capital Corp. (NEO:MOVE.AQN, OTC:MOTNF) has announced that Pinakin Patel, co-founder of subsidiary AES-100 Inc and lead inventor of the Advance Electrolyzer Technology (AES) for green hydrogen technology, has been elected to the California Hydrogen Business Council (CHBC). The CHBC is a national-level organization promoting and advocating for the commercialization of low-carbon and green hydrogen technologies. Its membership includes over 140 companies engaged in every aspect of the hydrogen supply chain worldwide. The company said California is a key target market for the AES technology, which provides a solution to the power production curtailment problems with the state’s power grid, ensuring excess green energy is stored as hydrogen for later use.
CULT Food Science Inc said it has bolstered its executive team through the addition of an experienced cellular agriculture entrepreneur, Lejjy Gafour, as its president, effective January 24, 2022. The company noted that Gafour joins the company with 15 years of experience, in both public and private enterprises, accumulated from executing strategy, technology, and product development across mature and emerging industries. He is a co-founder and former CEO of Future Fields, which is a Y Combinator-backed biotechnology company and one of the first operating cellular agriculture companies in Canada. He is also a founding member of Cellular Agriculture Canada (CAC) and currently serves on its board. CAC is the first nationwide interdisciplinary not-for-profit working to advance the cellular agriculture industry in Canada.
Xigem Technologies (CSE:XIGM, OTCQB:XIGMF) Corporation, a tech provider for the remote economy, said it has completed the previously announced acquisition of the assets of 2747524 Ontario Inc, operating as Cylix Data Group (CDG) for C$32.35 million. The Toronto-based technology company said it will now advance the development of Cylix's artificial intelligence functionality to further differentiate its offering in the marketplace in an effort to position Cylix to become one of the leading aggregators and originators of corporate and personal data. "We are very pleased to complete the acquisition of Cylix's innovative technology platform, Xigem co-founder and CEO Brian Kalish said in a statement. “Cylix is a very welcome addition to Xigem's portfolio of SaaS assets, and marks Xigem's entrance into the Big Data market, he added.
Thunderbird Entertainment Group Inc (TSX-V:TBRD, OTCQX:THBRF) said it has been named to the 2022 OTCQX Best 50, a ranking of top-performing companies traded on the OTCQX Best Market in the 2021 calendar year. This is the first time Thunderbird has been included on this list. “The teams at Thunderbird are thrilled to be included on the 2022 OTCQX Best 50 list and we are grateful to the OTC Markets for recognizing our Company,” said Jennifer Twiner McCarron, chief executive officer of Thunderbird Entertainment. “I would like to acknowledge our many shareholders for their support and also personally thank our employees for their hard work and teamwork. The future is bright for Thunderbird, and our journey is just beginning. We are excited about our growth and are just getting started.”
OTC Markets Group Inc, the operator of financial markets for over 11,000 US and global securities, has announced the 2022 OTCQX Best 50, a ranking of the top-performing OTCQX companies in the prior calendar year. The OTCQX Best 50 is an annual ranking of the top 50 US and international companies traded on the OTCQX Best Market, based on an equal weighting of one-year total return and average daily dollar volume growth. Companies in the 2022 OTCQX Best 50 were ranked based on their performance during the 2021 calendar year. In a statement, Jason Paltrowitz, OTC Markets Group EVP of Corporate Services commented: “The 2022 OTCQX Best 50 highlights a broad range of companies traded on the OTCQX Market. Much like the market itself these companies represent various sizes, geographies and sectors including mining, energy, technology, financial services and crypto. We are thrilled to see these companies grow, leveraging our regulated public markets. We congratulate this year’s roster and are proud to recognize the impressive efforts of these companies.” Investors can view the complete 2022 OTCQX Best 50 ranking via the following link: https://www.otcmarkets.com/files/2022_OTCQX_Best_50.pdf
Else Nutrition Holdings Inc (OTCQX:BABYF, TSX-V:BABY) said it has received final approval for the listing of its common shares and warrants on the Toronto Stock Exchange. The company’s common shares and warrants will commence trading on the TSX effective as of market open on Tuesday, January 25, 2022, under the current trading symbols of BABY, BABY.WT and BABY.WT.A. In connection with the TSX listing, the company’s common shares and warrants will be concurrently delisted from the TSX Venture Exchange. Else said it believes that a TSX listing is a logical next step in the company’s progression which should facilitate access to a broader range of investors. “Listing on the TSX is a confirmation of our progress and marks another milestone on our journey, as we take significant strides in preparing ELSE for global growth.," said Hamutal Yitzhak, Else co-founder & CEO, “This up-listing will serve to increase the exposure of our story and business potential to additional investors in the capital markets community and will further support growth of our investor base.”
Levitee Labs (CSE:LVT) Inc said it has appointed David Jenkins and Amin Lahijani to the company's board. Jenkins is a global financier who works with high-net-worth individuals. He has extensive experience in public markets and has helped secure millions of dollars in capital in private and public sectors. He is a highly regarded expert in negotiating, marketing, and advertising. Jenkins has completed hundreds of multimillion-dollar deals throughout his career, demanding top price for assets in all market conditions. He brings in-depth market knowledge and experience to the company. Lahijani has a bachelor's from the University of Simon Fraser in Kinesiology. He has worked for multiple years as a kinesiologist specializing in injuries and recovery specifically focusing on the lower lumbar. Recently Lahijani has ventured into entrepreneurship and has held executive roles for 15 years with a variety of businesses with significant revenues. "We look forward to bringing new expertise to the Levitee Labs (CSE:LVT) board of directors with the ability and expertise to support our future growth," said Pouya Farmand, Levitee Labs (CSE:LVT) CEO. In addition, the company announced the resignation of Yarrow Willard and Justin Chorbajian as directors of the board. The company said its board would like to thank Willard and Chorbajian for their time serving as directors and wishes them well on their future endeavors.
Bam Bam Resources (CSE:BBR) Corp president and CEO David Greenway said he has acquired ownership and control of 6.25 million common shares of Bam Bam. The subject shares represented approximately 3.33% of all issued and outstanding common shares of the company as of January 17, 2022. Following the transaction, Greenway and the joint actors held an aggregate of 22,103,000 common shares and convertible securities, entitling them to acquire an additional 22,088,000 common shares of the company, representing approximately 11.77% of the issued and outstanding common shares of the company (or approximately 23.53% assuming exercise of such post convertible securities only). The subject shares were acquired through the conversion of restricted share units and not through the facilities of any stock exchange. The holdings of securities of the company by Greenway and the joint actors are managed for investment purposes.
Southern Energy Corp (TSX-V:SOU, AIM:SOUC, OTC:MAXMD) has announced that Steven Smith, a director of the company, purchased 200,000 common shares in the capital of the company at a price of C$0.4088 each on the open market on January 18, 2022.
Evergold Corp (TSX-V:EVER, OTC:EVGUF) has announced the release of an animated video of the gold and silver-rich GL1 Main zone, located on the Company’s Golden Lion property in north-central British Columbia (BC). The video has been created, in part, from data generated by a 3D geological modeling exercise, imagery and results from which were released early last week. The video shows the progressive development of the GL1 Main zone through time, commencing with Newmont’s historical drilling in 1984, through drilling carried out by Evergold in 2020, and culminating with Evergold’s 2021 drill discovery, in its final 3 holes, of the property’s first high-grade domain. The high-grade domain, which comes to surface and returned the highest grades of precious and base metals yet seen in drilling at Golden Lion, will be the focus of follow-up drilling in the 2022 field season. “This video makes the large scale of the GL1 Main zone immediately evident, along with its considerable expansion potential,” said Kevin Keough, Evergold president & CEO. “It does this by placing GL1 Main within the context of the much larger surface geochemical anomalies which encompass it. Also helpful for assessing the potential of the zone is the topographical context, which by BC standards is moderate, and allows for site access directly up the broad valleys common to the Toodoggone area.” The video may be viewed at: https://vimeo.com/664395801/d4f64d0a12
Vicinity Motor Corp has announced that William Trainer, its chief executive officer, and John LaGourgue, vice president of Corporate Development, will participate in virtual & in-person one-on-one meetings throughout the day at the following conferences: Stifel 2022 Transportation & Logistics Conference being held virtually on Tuesday & Wednesday, February 8-9, 2022; and the Canaccord Genuity (TSX:CF, LSE:CF) Carbon & Energy Transition Conference being held virtually on Wednesday, February 9, 2022, on Panel #2 at 10,00 am ET. The pair are also scheduled to present at the Winter Wonderland Best Ideas & Canaccord Genuity (TSX:CF, LSE:CF) Carbon & Energy Transition conferences on Wednesday, February 9, 2022, at 2.00pm ET with registration via the following link: https://microcaprodeo.com/. A live audio webcast and archive of the Winter Wonderland Best Ideas Conference presentation will be available using the same registration link.