Aurania Resources Ltd, which is exploring the Awacha target area at its Lost Cities-Cutucu project in southeastern Ecuador, said “there appears to be a large porphyry body and possibly others” at the site. Meanwhile, the company said chairman and CEO Keith Barron will be assuming the role of president moving forward. Barron is presently on the ground in Ecuador and is taking the reins of the company's COVID-19 response.
Esports Entertainment Group Inc is reshuffling its C-suite with the addition of Stuart Tilly as the gaming company’s new chief operating officer. Tilly previously held the role of chief legal officer at the esports firm.
Red Cloud Securities initiated coverage of Altaley Mining Corp with a ‘Buy’ recommendation. “Over the past two years, Altaley has steadily increased production and earnings before interest, taxes, depreciation, and amortization (EBITDA) quarter-on-quarter while undergoing a transformation that included a revamped board and management team, financial restructuring, project optimizations, and corporate rebranding – in addition to building Tahuehueto,” the analysts said. They further noted, “Given that Altaley is poised to derive approx 53% of its revenues from gold and silver by 2023E, we believe its transition to being a primary precious metals producer could potentially drive a re-rating.”
Fobi AI (TSX-V:FOBI, OTCQB:FOBIF) Inc, a provider of real-time data analytics through artificial intelligence, signed a deal on January 17 this year to provide Abbot’s Butcher, a premium plant-based protein brand, with Fobi’s Qples coupon platform. Abbot’s Butcher is an up-and-coming plant-based protein company that champions sustainability and health. It has a growing retail footprint that stretches into over 800 retail and food service locations across the US, including Whole Foods Market. Vancouver-based advanced technology company Fobi said that customer-centric Abbot’s Butcher was looking to offer digital coupons to add value and make it easier for their customers to redeem their coupons.
Heritage Cannabis Holdings Corp (CSE:CANN, OTCQX:HERTF) has announced that Spectrum Therapeutics – one of Canada’s largest online medical cannabis platforms – is offering Heritage products including its brands RAD, Premium 5, and CB4, which will be the first third-party cannabis extract and concentrate offerings on the platform. “Spectrum is a leader when it comes to revenue and market share in the online medical cannabis space and having Heritage products recognized by a market front-runner is a true nod to our products and company,” said David Schwede, CEO of Heritage in a statement.
Thesis Gold Inc (TSX-V:TAU) told investors that it has identified numerous new targets at its wholly-owned Ranch gold project in British Columbia, underscoring the discovery potential at the 180 square kilometre (km2) asset. The new targets come after a 4.1 km2 induced polarization (IP) survey was carried out at the property, which is in the famous Golden Horseshoe area. Notably, numerous new epithermal targets were identified at Alberts Hump, which had similar characteristics to the already drill-tested, high-grade mineralization at the Bonanza, Thesis II, Thesis III, and Ridge prospects. "The company continues to generate new targets in the underexplored regions of the property, demonstrating the untapped discovery potential at Ranch," said Thesis Gold CEO Ewan Webster in a statement.
Algernon Pharmaceuticals Inc, the drug repurposing group, said the Canadian patent office has approved its application for a claim involving its drug Ifenprodil for treating idiopathic pulmonary fibrosis (IPF). The patent was entitled 'Compositions and Methods for Treating Idiopathic Pulmonary Fibrosis' and Algernon said it has also filed corresponding patent applications in the US, Europe, China, and Japan. "This is the first allowance notice received by the company for one of its drugs being investigated under its innovative drug repurposing program and it is another important step forward," said Christopher J Moreau, the CEO of Algernon in a statement.
World Copper Ltd (TSX-V:WCU, OTCQB:WCUFF) and Cardero Resource Corp (TSX:CDU) have provided an update on the previously announced plan of arrangement to combine their businesses. The closing of the arrangement is now anticipated to occur on January 28, 2022 (today). Effective at the close of trading on January 27, the common shares of Cardero (CDU Shares) were halted pending the completion of the arrangement. After the market's close on January 31, 2022, the CDU Shares will also be delisted from the TSX Venture Exchange (TSXV).
Silvercorp Metals Inc (TSX:SVM, AMEX:SVM) has reported additional high-grade intercepts from its 2021 exploration program at the TLP mine, which is part of its flagship Ying Mining District project in the Henan province of China. The Canadian mining company said that extensive exploration drilling and tunneling is currently underway at its TLP mine and all the other mines which are part of its Ying project. From June 1 to December 31, 2021, Silvercorp said 43,573 metres (m) were drilled across 276 diamond drill holes, including 218 underground holes and 58 surface holes at the TLP mine. Assay results for 270 holes have been received, with 202 holes intercepting mineralization, according to the company.
Goldshore Resources Inc (TSX-V:GSHR, OTCQB:GSHRF) has announced gold assay results from holes MMD-21-006 and MQD-21-009, which it said continue to validate gold mineralization from the Moss Lake Gold Deposit in northwest Ontario. "As we have previously reported, we continue to produce drill results that confirm the historical resource estimate modeled in 2013, and significant extensions outside of the historical resource,” said Goldshore CEO Brett Richards in a statement. “As well, we are discovering additional parallel zones that we think will improve the project economics by replacing waste material in a design pit with mineralized blocks. The fact that we are continuing to intersect gold mineralization outside of the volume modeled in 2013 also affirms our belief that the deposit is significantly larger than previously interpreted," he added.
Clean Air Metals Inc (TSX-V:AIR, OTCQB:CLRMF) said it has concluded a review of environmental, social and governance (ESG) factors related to resource development at its Thunder Bay North project in Ontario. The ESG report was prepared by Onyen using data supplied by Thunder Bay-based Clean Air Metals. The company’s flagship asset is the 100%-owned, high-grade Thunder Bay North project, a platinum, palladium, copper, nickel project located near the city of Thunder Bay and the Lac des Iles Mine owned by Impala Platinum.
Progressive Planet Solutions Inc (TSX-V:PLAN) announced that it has engaged the Bank of Montreal (BMO) to underwrite the debt component of its proposed acquisition of Absorbent Products Ltd (APL). The company said it has received terms from BMO to provide C$8,683,000 in total new secured debt under three separate loan facilities including: $723,000 loan facility at prime plus 1.75% for a period of six years; $990,000 loan facility at prime plus 1.25% for a period of five years; and $6,970,000 loan facility at prime plus 0.75% for a period of 25 years. “Today marks another important milestone for Progressive Planet, having engaged Bank of Montreal to underwrite the debt component of the consideration,” Progressive Planet CEO Steve Harpur said in a statement.
Champion Gaming (TSX-V:WAGR) Group Inc has announced the appointment of Ishwara Glassman Chrein to the company’s board of directors, effective January 27, 2022. Champion said Glassman Chrein, who has nearly 20 years of sports and media experience, brings additional industry and strategic expertise to the company. “We are very excited to welcome Ishwara to our board,” Champion Gaming (TSX-V:WAGR) CEO Ken Hershman said in a statement.
TPCO Holding Corp - The Parent Company (OTCQX:GRAMF, NEO:GRAMU) - has announced that certain insiders have individually voluntarily entered into a twelve-month extension of lock-up agreements with the company. The agreements are with respect to an aggregate of over 34 million shares of common stock, or approximately 35% of the total issued and outstanding shares of common stock of the company as of January 28, 2022. Under the agreements, the Insiders have agreed to lock up the common shares that they directly own or over which they exercise control or direction through January 28, 2023. The Insiders are comprised of the entire board of directors, Michael Auerbach, Carol Bartz, Al Foreman, Leland Hensch, Daniel Neukomm, Jeffry Allen, and Desiree Perez, and The Parent Company (OTCQX:GRAMF, NEO:GRAMU)'s leadership team, including Troy Datcher, chief executive officer, Mike Batesole, chief financial officer, as well as additional senior team members. Datcher commented: "This voluntary extension demonstrates our Board of Directors' and leadership team's confidence in the long-term potential of our business. In the last year we have worked to expand our reach to over 80% of the adult population in California, triple our storefront presence, and deliver innovative new products for our customers. These initiatives support our goal to significantly expand our direct-to-consumer presence in California and provide customers with ease of access to high-quality products by meeting them where they are and how they like to shop." He concluded, "With our well-known and robust branded products portfolio, expanded state-wide coverage and strong balance sheet, we believe this extended lock-up conveys the confidence we have in our ability to execute on the opportunities ahead in 2022 to generate long-term shareholder value."
Electric Royalties Ltd (TSX-V:ELEC, OTC:ELECF) said the TSX Venture Exchange has accepted for filing documentation pertaining to a royalty purchase agreement dated December 15, 2021, between the company, and Scandinavian Resource Holdings Pty. Ltd. (Casper Peterson, Jeroen Van Gool, Martin Blakeman and Winton Willesee) and Global Energy Metals Corp (TSX-V:GEMC). (collectively the vendors), whereby the company acquired a 1.0% net smelter return royalty relating to four exploration licences covering 25 square kilometres in the Rana mafic-ultramafic intrusion in northern Norway. Under the terms of the agreement, the company acquired the royalty by: (i) making $100,000 in cash payments; and (ii) issuing two million shares on closing.
Kainantu Resources Ltd (TSX-V:KRL) said the TSX Venture Exchange has accepted for filing documentation with respect to its non-brokered private placement announced on December 1, 2021, January 4, 2022, January 12, 2022, and January 20, 2022, which will see the issue of 15,387,492 shares at a purchase price of 18 cents per share together with 15,387,492 share purchase warrants with an exercise price of 36 cents for a three-year period, subject to accelerated expiry, with 76 placees.
Contakt World (CSE:HELP) Technologies Corp has announced that its CUSIP 20177G108 is now eligible for electronic clearing and settlement through the Depository Trust Company (DTC) in the United States. Its common shares have commenced trading on the OTC Pink Market in the USA under the symbol TLOOF. The company's common shares will continue to trade on the Canadian Securities Exchange (CSE) under the symbol HELP. The company expects the Listing to provide greater exposure, visibility and trading convenience for US investors, resulting in enhanced liquidity and extended reach.
The Toronto Stock Exchange (TSX) has reported that Talon Metals Corp. (TSX:TLO) will list an additional 38.2 million shares at the open on January 31, 2022. According to the TSX, the listing will cover shares to be issued at 72 cents per share, under the terms of a prospectus supplement dated January 24, 2022, to the short form base shelf prospectus dated December 7, 2021.
Royal Wins Corporation (CSE:SKLL, OTCQB:RYWCF) has announced that its common shares are now eligible for electronic clearing and settlement through DTC in the United States. Currently, Royal Wins trades on the OTCQB under the symbol RYWCF. DTC is a subsidiary of The Depository Trust & Clearing Corporation. DTC manages the electronic clearing and settlement of publicly-traded companies in the United States. Securities that are eligible to be electronically cleared and settled through DTC are considered DTC eligible. This electronic method of clearing securities accelerates the settlement process for investors and brokers, enabling a security to be traded over a much wider selection of brokerage firms.
Wishpond Technologies Ltd has announced that its chairman and CEO, Ali Tajskandar, will present at the OTC Small Cap Growth Virtual Investor Conference on February 2, 2022, at 1.30pm ET with registration via the following link: https://bit.ly/otc_conference. The company said Tajskandar will also meet with investors at the Whistler Capital Conference on February 18-20, 2022, with registration via the following link: https://cem.ca/conference/whistler-capital-event/. Tajskandar will discuss Wishpond's success since becoming a publicly-listed company, including completing four major acquisitions and reporting record revenue growth. He will also share the company's acquisition and growth strategy, and provide attendees with a view of what to expect from Wishpond in 2022.
GlobalBlock Digital Asset Trading Limited has announced that its CEO Rufus Round will present live at VirtualInvestorConferences.com on February 2, 2022, at 3.30pm ET (8.30pm GMT), with registration via the following link: https://bit.ly/3Fpq8M. 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. It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates. Investors can learn more about the event at www.virtualinvestorconferences.com.
Virtual Investor Conferences, the leading proprietary investor conference series, has announced the agenda for the upcoming Small Cap Growth Conference on February 2 and 3, 2022. Individual investors, institutional investors, advisors, and analysts are invited to attend. The program opens at 9.15am ET on Wednesday, February 2, 2022, and investors can register now via the following link: https://bit.ly/3g4zjYl. 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 live presentations or ask questions. “We are excited to kick-off the year with our Small Cap Growth virtual investor conference and provide issuers an opportunity to engage a broader investor base,” said Jason Paltrowitz, executive vice president of Corporate Services at OTC Markets Group Inc. (OTCQX:OTCM) “We thank our keynote Scott Powell and Skyline Corporate Communications Group for sponsoring this two-day event.” Powell, president of Skyline Corporate Communications Group, LLC, commented: “Skyline is once again pleased to sponsor the OTC Markets Group Small Cap Growth Virtual Investor Conference. Many of these presenting companies have disruptive technologies and products in various stages of development and growth. We believe this virtual conference platform will allow company presenters greater access to a broader base of potential investors and financial community professionals. We very much look forward to learning more about these compelling presenting companies and participating in another VirtualInvestorConferences.com event.” Virtual Investor Conferences (VIC), part of OTC Markets Group, is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors. To view a complete calendar of Virtual Investor Conferences, investors can visit www.virtualinvestorconferences.com.