PyroGenesis Canada Inc said it has struck a deal with an existing client worth US$3 million (C$4 million) on the purchase of the first of three of the company's 10-ton Drosrite systems as it expands its aluminum processing facilities. The Drosrite system is a process, which maximizes metal recovery from dross - a waste generated by the industry - and for aluminum firms offers an economic and environmental solution, which eliminates landfill and reduces greenhouse gas (GHG) emissions. "This purchase order is further validation of the success we are having in introducing our environmental technologies within the aluminum industry,” said P. Peter Pascali, CEO of PyroGenesis.
Pacific Empire Minerals Corp said it has completed the previously announced deal to sell its 100% interest in the LLH1 mineral claim in British Columbia to Engold Mines Ltd. "We are excited to have completed this transaction which provides PEMC with a 2% Net Smelter Return on prospective ground within EnGold's Lac La Hache Property," said Brad Peters, the CEO of Pacific Empire. 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.
Blue Sky Uranium Corp. (TSX-V:BSK, OTCQB:BKUCF)?has announced that CEO Nikolaos Cacos and Vice President of Exploration Guillermo Pensado will be presenting at a live corporate update webinar on February 3, 2022 at 12 pm ET. Blue Sky which is a leader in uranium discovery in Argentina said it will share its most recent investor presentation at the event. Here is the registration link: https://share.hsforms.com/1Sw47a3aOTOCFs2e7nyCQsA4h2fj
Heritage Cannabis Holdings Corp (CSE:CANN, OTCQX:HERTF) has highlighted its major achievements in 2021, including growing sales figures as it continues its expansion into the United States. “We are continuing to see a strong positive response to our suite of products across the country, accompanied by growing sales figures – topping our prior quarter by approximately 30% in 1Q which is our second quarter delivering over 20% sequential growth,” said David Schwede, CEO of Heritage in a statement. “We previously signalled continued growth in sales and new product development, and we are delivering quarter after quarter as our platform outpaces other key market players.” Along with new product launches and strong provincial re-orders, Heritage continues to see advancements in both market penetration and new listings across the provinces.
Viscount Mining Corp (TSX-V:VML, OTCQB:VLMGF) has announced the results of its exploration drill targets on Passiflora in Silver Cliff, Colorado. “There is immense potential at the Passiflora as drilling identified widespread silver mineralization over 170 meters per hole on multiple drill holes,” said Viscount CEO Jim MacKenzie in a statement. “We are currently pinpointing next steps to unlock the potential for Passiflora resources and will have further info in upcoming news releases." During Viscount's most recent drill program, in September of 2021, a final two holes were drilled in the Passiflora target (21-24 & 21-25). Both holes exhibited significant concentrations of silver.
Cabral Gold Inc (TSX-V:CBR) has revealed impressive assay results from several trenches recently excavated immediately west of the main Machichie target within its Cuiú Cuiú gold project in northern Brazil. The Vancouver-based junior resource company highlighted Trench CT35A, located 285 meters (m) west of the most westerly drill hole at the main E-W trending Machichie main zone, which returned 5m at 8.3 grams per ton (g/t) gold, including 1m at 37.8 g/t gold. The mineralization in CT35A is on strike and interpreted to represent the western extension of the E-W trending main Machichie mineralized structure. This could potentially represent a 60% extension to the known mineralized zone at Machichie, noted the company. This suggests that the Machichie main zone could extend for at least 800m along strike, while still being open to the west.
Nevada Silver Corporation (TSX-V:NSC) (NSC) announced that it has filed 124 new claims and has agreed to acquire a number of patented claims, which cover two areas of extensive historic silver mines 15 kilometers southwest of its 100% owned Corcoran silver-gold project in Nevada. The company said the new claim areas – the Belmont Silver and North Belmont Silver projects – surround or cover the majority of old silver workings of the Belmont silver mining camp near the historic town of Belmont.
World Copper Ltd (TSX-V:WCU, OTCQB:WCUFF) has said it is poised for continued sustained growth this year as it issued an update after having recently been publicly traded for one year. The preliminary economic assessment (PEA) for its Escalones project in Chile is expected to be delivered in the near future, the company said, adding this was the "single most important development for the asset and the company". "We also expect the Mancha Amarilla drill program to commence in February 2022, with the receipt of drill permits in-hand. Our plans for Zonia remain to update the existing PEA, and to start drill work to expand the substantial resource that is already in place," World Copper noted.
Else Nutrition Holdings Inc (OTCQX:BABYF, TSX-V:BABY) has revealed that after the successful performance of Else Toddler Nutrition at retailers serviced by KeHE Distributors, the company was adding new Else Plant-Based Kids Shakes to the distributor’s network. The company said that Else Kids Plant-Based Complete Nutrition for Kids in four flavors — Vanilla, Chocolate, Mango & Chia, Banana & Chia — will soon be available at retailers serviced by KeHE. This sets a potential distribution pathway to nearly 30,000 retail outlets, noted the plant-based baby, toddler, and children nutrition company. The first shipment of Else Vanilla and Chocolate is underway with Mango & Chia and Banana & Chia slated to be available later in the quarter.
i-80 Gold Corp has reported more positive drill results from the South Pacific Zone (SPZ) at its Granite Creek property in Nevada, USA, which it said continues to underscore the potential to expand the resource there. So far, assays from the first 11 holes of 16 have been received from SPZ, and all holes that have reached the target have returned "impressive gold grades and widths of mineralization". Due to the success, the group said its 2022 drill program has been expanded to around 30,000 (metres) of drilling and additional rigs have been added both at surface and underground "The consistency of high-grade gold mineralization in the South Pacific Zone is truly impressive as the ongoing drill program continues to demonstrate the significant upside opportunity at Granite Creek," said Ewan Downie, CEO of i-80 Gold in a statement.
FansUnite Entertainment Inc (CSE:FANS, OTCQX:FUNFF) has announced that its American Affiliate division (AmAff) is now active in the Louisiana sports betting market, providing market-leading customer acquisition services for licensed online sports betting operators in the state. Louisiana legalized online sports betting in November 2020, and as of January 28, 2022, the Louisiana Gaming Control Board announced that licensed online operators could start taking wagers. Six sportsbooks -- DraftKings, FanDuel, Caesars, BetMGM, BetRivers, and Barstool Sportsbook -- have confirmed their plans to immediately launch online sports betting in the state.
Altamira Gold Corp, the Brazil-focused explorer, has reported encouraging news from its Santa Helena copper-gold asset, saying the first three drill holes hit porphyry-style mineralization. The confirmation at the Gabriel target confirms the prospectivity of the belt and gives the firm an exciting new target style as well as the high-grade gold and base metal veins already identified. "The identification of compelling evidence of porphyry-style alteration at depth at Santa Helena is extremely encouraging so early in the drill program, and with a 28 square kilometer area of known surface copper and gold mineralization, we now need to use geophysical exploration techniques over this area to help identify the best drill targets for the second phase of drilling," said Altamira CEO Mike Bennett in a statement.
Wellbeing Digital Sciences (NEO:MEDI.AQN, OTCQB:KONEF) Inc has highlighted the achievements of its wholly-owned subsidiary KGK Science Inc (CRO) in 2021 and noted that the unit expects significant growth in 2022 based on current client interest in new projects and requests for proposals, including a substantial expansion in psychedelics-related work. KGK is currently working on psychedelic drug projects with eight distinct clients, managing four clinical trials including a Phase 1 study of a proprietary psilocybin extract in healthy adults, and working with an Ontario-based contract manufacturer to provide a joint solution for the production and study of psychedelic compounds. “2021 was an important development year for both KGK and our overall organization as the subsidiary was integrated after being acquired and synergies were quickly realized,” said Adam Deffett, Interim CEO of Wellbeing. "With a large number of clinical trials, research projects and collaborations with aligned counterparties already underway at the CRO, management expects that 2022 may be even more rewarding.”
Universal Ibogaine Inc (TSX-V:IBO) said it has kicked off development plans for its Kelburn facility in Manitoba, Canada ahead of potential treatment protocol approval and the firm offering ibogaine treatments. The centre, acquired by the life sciences group in October 2021, sits on a 50 acre estate with a nine-hole golf course and is currently a traditional addiction treatment center. Universal Ibogaine plans to expand the facility to include traditional drug detox and to begin to incorporate treatments using Ketamine, Psilocybin and MDMA-assisted psychotherapies. It also has plans to construct a stand-alone "ibogaine detox facility" on the property in preparation for the completion of its proof of concept study with regulator Health Canada.
American Manganese Inc, the company which upcycles lithium-ion battery waste into battery materials, said it has further bolstered its global patents as China is set to become the fifth country in its portfolio. The Chinese patent office has issued the company with a 'Notice of Allowance' for the company’s National Phase Patent Application for its technology RecycLiCo. "China is the largest market for electric vehicles, with an adoption rate that leads the global markets today," said Larry Reaugh, CEO of American Manganese. "They have a mature lithium-ion battery industry with great innovators and some of the world's largest battery manufacturers. Therefore, we are proud to have our lithium-ion battery recycling process recognized as a novel invention by the Chinese Patent Office."
Lifeist Wellness Inc, previously Namaste Technologies, has announced a strategic move to realign its resources on near-term opportunities, particularly its business-to-business (B2B) recreational cannabis distribution and manufacturing business, and its recently launched nutraceuticals. The Toronto-based company said that streamlining of its wellness strategies with “higher growth and profitability potential” represents a continuation of a renewed commitment by Lifeist to create shareholder value. “We were proud to be one of the first companies in Canada to enter the online business-to-consumer (B2C) medical cannabis space, but the time has come to realign our focus. The regulatory and consumer conditions for medical cannabis in Canada have evolved such that achieving success would require significant and ongoing investments without a growth trajectory and near-term returns to support it,” Lifeist CEO Meni Morim said in a statement.
ElectraMeccanica (NASDAQ:SOLO) Vehicles Corp, has announced the specifications of its SOLO Cargo electric vehicles (EV) as well as the timeline for the start of deliveries, expected to begin in the second quarter of 2022. The Canadian electric car company said the SOLO Cargo EV was developed based on direct input from prospective customers, having been modified with an expanded cargo box to accommodate a wide variety of applications for fleet and commercial customers with functionally and utility in mind. The SOLO Cargo EV has a range of 100 miles and a top speed of 80 miles per hour, making it safe for highway use, said the company. It also features front and rear crumple zones, side-impact protection, a Kevlar-reinforced safety hoop, torque-limiting control as well as power steering, power brakes, air conditioning and a configurable entertainment system.
Champion Gaming (TSX-V:WAGR) Group Inc announced that Football Outsiders, its football statistics and analytics site, is adding new premium data, editorial and video content to its digital offerings. The company said the new content will include offseason prospect analysis, new weekly columns and video packages, designed to establish Football Outsiders as a year-long destination for readers and the media.
Blue Sky Uranium Corp. (TSX-V:BSK, OTCQB:BKUCF) has announced the results from the first 26 holes of the ongoing drilling program at the Ivana Deposit, within its wholly-owned Amarillo Grande uranium-vanadium project (AGP) in Argentina. The current 3,500-meter reverse circulation (RC) drill program is testing the potential expansion of the Ivana Deposit to the west as well as adding holes in areas of lower drill hole density at the margins of, and within, the Ivana deposit to aid in upgrades to the mineral resource estimate that will support advanced engineering studies.
The Valens Company (TSX:VLNS, OTCQX:VLNCF) Inc has announced integration initiatives aimed at driving revenue growth and market share gains for each of its portfolio brands in their target markets, as well as margin improvement through more efficient operations, reduced operational and organizational costs and realization of M&A-related synergies following an acquisitive 2021. The company said that the next phases of its 'Launch, Grow, Optimize' strategy is well underway after a highly successful 'Launch' phase that positioned Valens as a leading cannabis consumer products company. Valens noted that the optimization strategies are underway and $10 million in annual cost efficiencies have been identified through operational process efficiency gains, reductions in manufacturing and sourcing costs, organizational realignment and realization of M&A synergies
Marble Financial Inc said it has entered into a strategic relationship through a licensing agreement with 8Twelve Financial Technologies for its Connect API and Inverite open-banking software. Founded by a team with deep expertise in financial services and technology, Marble noted that 8Twelve has developed a proprietary cloud platform, INFIN8, that is customizable for a variety of financial products and workflows and is currently being used by the company to more efficiently originate and underwrite mortgages, for the traditional bank, non-bank, and private lending channels. According to the terms of the agreement, 8Twelve will be licensing Marble's B2B solutions, namely the Marble Connect API and Inverite open-banking verification software. As a result, 8Twelve will be able to more accurately underwrite borrowers by quickly verifying their banking information. The company said it anticipates gaining approximately 2,000 new MyMarble members along with approximately 100 new auto-enrolled premium subscriptions from 8Twelve's monthly applications and funded mortgages once launched.
Hapbee Technologies Inc (TSX-V:HAPB, OTCQB:HAPBF) has announced that it will partner with Strava, one of the world’s most engaged community of athletes to host a sponsored challenge, titled 'Hapbee Choose Your Challenge'. The challenge commences on Monday, February 7, 2022, and runs through Sunday, February 20, 2022. Hapbee noted that the Strava mobile app enables millions of athletes all over the world, and across many walks of life, to inspire each other to new heights and higher goals in their quest to unlock their full fitness potential. With more than 95 million users, and growing at approximately 2 million new athletes per month, Strava is among the largest and fastest-growing communities of athletes in the world. “Strava is a perfect fit with our brand messaging and aligns well with our mission to improve people’s lives through better sleep, physical performance and recovery,” said Yona Shtern, CEO of Hapbee in a statement.
TRACON Pharmaceuticals (NASDAQ:TCON) Inc announced that the National Cancer Institute (NCI) has initiated a randomized Phase 2 trial of TRC102 in combination with chemoradiation in patients with stage III non-squamous non-small cell lung cancer. In a statement, the company said the open-label two-arm trial will enroll 78 patients and assess the benefit of adding TRC102 to the current standard of care treatment of pemetrexed, cisplatin, and radiation therapy followed by consolidative durvalumab. The primary endpoint of the trial is progression-free survival (PFS) and the trial is designed to detect an improvement in PFS at one year from 56% to 75%. Enrollment is expected to begin in June 2022 and results are expected in 2024.
Nextech AR Solutions Corp said it has launched its beta metaverse app, ARitize Maps, an all-in-one metaverse creation studio, and the first end-to-end metaverse mapping solution for consumers and brands alike. With the launch of ARitize Maps, the company said it is continuing to expand its ARitize Studio by offering yet another frictionless and seamless solution for everyone to enter the metaverse. “We are experiencing a huge wave of new, global interest and demand for everything related to 3D/AR and the Metaverse,” said Nextech AR CEO Evan Gappelberg in a statement. “2022 is just the beginning for 3D demand and I believe this demand for everything 3D- and Metaverse-related will only continue to grow.”
Group Eleven Resources Ltd told investors that it has kicked off drilling at its Stonepark project in Ireland and is finalizing plans to start drilling one hole at the recently staked Tullacondra copper-silver prospect in the next four to eight weeks. The first of a six-hole, 2,300 metre (m), program began at Carrickittle North at Stonepark on February 1, representing a 250m step-out from previous drilling, targeting an area with potential to host zinc mineralization similar to Glencore's nearby Pallas Green zinc-lead deposit. "We are excited to begin our drill hole at Carrickittle North, targeting similar structure and geology to Glencore's Pallas Green zinc deposit, located less than 10 kilometres (km) along trend to the north. We also very much look forward to conducting our long-awaited drilling at Tullacondra," said Group Eleven CEO Bart Jaworski in a statement.
Bragg Gaming Group (TSX:BRAG, NASDAQ:BRAG) Inc said it has appointed Lara Falzon, an accomplished iGaming executive and a member of the company’s board of directors since March 1, 2021, to the new position of president and chief operating officer. The company noted that Falzon brings more than 10 years of industry experience to the new role, including a significant track record of managing and structuring several multi-billion-dollar gaming transactions. As chief operating officer, it added, Falzon will be responsible for the primary oversight of the company’s day-to-day operational performance and will help guide the ongoing execution of Bragg’s growth-focused strategies. She will also be responsible for fostering company-wide success-oriented accountability. Commenting on Falzon’s appointment, in a statement Bragg’s Interim chief executive officer and chairman Paul Godfrey said: “Lara’s skill set and significant gaming industry accomplishments will serve to drive further improvements in our day-to-day operations, continued progress against our strategic initiatives, and overall financial growth. We look forward to benefiting from her oversight and guidance of our business practices and objectives as we continue to execute on our global growth strategy.”
My Size Inc (NASDAQ:MYSZ) has announced the appointment of Javier Brandwain as its first-ever chief commercial officer. The company noted that Brandwain brings significant global experience in retail and the fashion industry, and held numerous leadership roles in business development, operations, and international markets, which are specifically relevant for MySize. In a statement, Ronen Luzon, chief executive officer of MySize, commented: "We are thrilled to attract Javier to us as part of the senior leadership team, as we look to greatly expand our global business development and sales efforts. Javier's vast global experience covers many significant fashion corporations and brands globally, including 7 For All Mankind, Replay, Authentic Brands Group, Calvin Klein, Givenchy and Nautica." Most recently, Brandwain served as director of Latin America and Caribbean at 7 For All Mankind International, where he was in charge of business development and expansion, and managed operations across Latin America and the Caribbean. Before that, he served as chief business development officer and managing director in Latin America and the Caribbean at Replay – Fashion Box SPA, where he oversaw business development and operations, expansion and control in the Americas, the Caribbean, and North-East Asia.
Empower Clinics Inc has announced the appointment of Dr Tyler Coupal as the company’s first British Columbia Medical Director, effective February 1, 2022. Empower said its intention is for Coupal to lead the launch of coronavirus (COVID-19) testing services within the province, as The College of Physicians and Surgeons of British Columbia requires all facilities to be recognized under its Diagnostic Accreditation Program (DAP). “Our team's goal is to help reopen local economies, especially hard-hit industries in tourism and hospitality,” Empower Clinics CEO Steven McAuley said in a statement.
Hawkmoon Resources Corp (CSE:HM, OTCQB:HWKRF) has said its common shares have been approved to commence trading today, February 2, 2022, on the OTCQB Venture Market under the ticker symbol HWKRF. The company’s shares will continue to trade on the Canadian Securities Exchange (CSE) under the ticker symbol HM and on the Börse Frankfurt Exchange under the ticker symbol 966. In a statement, Branden Haynes, CEO and president of Hawkmoon commented: “We are pleased to be listed on the OTCBQ, thereby providing US investors with a more seamless trading experience. It is also expected that this listing will provide the company with better visibility in the US, access to a larger shareholder base, and, ultimately, greater liquidity.”
Delta 9 Cannabis Inc said it has entered into a binding commitment letter with connectFirst Credit Union Ltd. for $32 million in credit facilities to be offered to the company through First Calgary Financial, a division of connectFirst. "With this debt financing, Delta 9 has added financial flexibility to optimize its capital structure and is well-positioned to continue to execute its growth strategy," said John Arbuthnot, chief executive officer of Delta 9 in a statement. "This transaction reflects the strong financial and operating results, which Delta 9 and its team have been able to produce in the wake of cannabis legalization in Canada, and confidence from our new senior lender, connectFirst. To our knowledge, this interest rate is among the most competitive rates established by any public cannabis company to date," he added.
Canntab Therapeutics Ltd (CSE:PILL, OTCQB:CTABF) said it has closed a non-brokered private placement of secured convertible debentures of the company, under which the company issued and will issue debentures for gross proceeds of $1,312,000. The proceeds will be used to fund working capital for the company, and for general corporate purposes, Canntab said. The debentures are convertible into common shares of the company at a price of $0.70 per share and will mature two years from the date of issuance. The debentures will bear interest at a rate of 10% per annum from the closing date, paid upfront in cash for the initial 6 months, thereafter payable quarterly in cash on the last business day of each calendar quarter. Any accrued but unpaid interest is convertible into shares, at the option of the holder at the conversion price at any time following the closing date.
Trust Stamp (NASDAQ:IDAI, EURONEXT:AIID) Inc has announced that its management participated in an opening bell ceremony at the Nasdaq Stock Market today, Wednesday, February 2, 2022, at 9.30am ET, in celebration of its recent listing on January 31, 2022. Trust Stamp (NASDAQ:IDAI, EURONEXT:AIID) CEO Gareth N. Genner commented: “We are honored to have been invited to ring the Nasdaq opening bell, as our listing on Nasdaq represents a major milestone for the company following a year of transformation. I would like to thank all or our employees, shareholders and key stakeholders who have contributed to our success and made this event possible. Digital security is more important than ever as Identity fraud alone contributes to over one hundred billion dollars of annual losses. Our goal is to provide technologies that protect personal data, empower individuals and promote inclusion within the new digital landscape. We are more encouraged than ever by the outlook for the business and look forward to driving significant shareholder value in the years ahead.”
PsyBio Therapeutics Corp has announced that Evan Levine, its chairman and chief executive officer will participate in Citi's Psychedelic Drug Video Call Series. Hosted by Neena Bitritto-Garg, Citi's vice president Research Analyst, Biotech, the fireside chat with PsyBio will take place on Thursday, February 3, 2022, at 10.00am Eastern Time. To register for the event, investors should contact your appropriate Citi representative directly. To schedule a meeting with the PsyBio management team, investors can contact KCSA Strategic Communications by emailing psybio@kcsa.com.