Analysts at Noble Capital Partners reiterated an “Outperform” rating on Newrange Gold Corp as the company started drilling at its North Birch project, in the Birch-Uchi greenstone belt northeast of Red Lake, Ontario. Roughly 2,000 meters of drilling is planned, with the first five holes testing a three-kilometer (km) strike length of the main target. “The rating is Outperform. We think 2022 will be an eventful year for Newrange as activity accelerates at projects in the Birch-Uchi Belt in Ontario. We believe the drilling program could reveal the significant discovery potential at North Birch and unrealized potential remaining at Argosy,” analysts at Noble Capital wrote in a note to clients. Noble Capital reiterated its C$0.15 price target on Newrange Gold’s shares. The company’s stock currently stands at around C$0.08 in Toronto.
Water Tower Research LLC said that Crown Electrokinetics Corp stands at an inflection point of the smart glass industry and has an attractive position. Analysts at Water Tower said in a note to clients that Crown is transforming the ‘smart glass’ industry through its unique proprietary electrokinetic technology that provides a sustainable transition of glass applications in commercial buildings, reducing energy consumption by up to 26%. “It can target retrofit opportunities with an easy-to-install, highly cost-competitive solution with a demonstrated return on investment,” said analysts at Water Tower. “Furthermore, increasing legislative reforms for green buildings surrounding LEED-certification, combined with customer preferences in favor of carbon reduction, are creating a growing market for Crown’s smart glass solutions. Tenants may become the driving force behind demand creation as they become more conscious about the benefits of using these technologies.” Investors can read the full note here (https://www.watertowerresearch.com/content/progress-continuing-for-smart-window-solutions-in-the-commercial-retrofit-market)
PlantX Life Inc has announced the launch of XFitness, the company's new online fitness service featuring a variety of live and on-demand fitness classes delivered by professional instructors. The Vancouver-based company, which is the digital face of the plant-based community, said XFitness will be accessible to members of XVIP, the newly launched membership program providing PlantX customers with access to a diverse range of benefits and exclusive membership offers. From yoga and meditation to boxing, cardio, high-intensity interval training, martial arts, strength-based and functional fitness, XFitness classes are carefully curated and delivered by specialized instructors. Customers can sign up for live classes on the XFitness platform or attend through on-demand videos.
Esports Entertainment Group Inc has announced that its EGL Club Clash program will be aired worldwide on EsportsTV (ESTV). EGL Club Clash gives fans the opportunity to play on behalf of their favorite professional sports organization to prove which team has the greatest gamers. EGL Club Clash includes gamers representing the National Football League's New England Patriots, Tampa Bay Buccaneers, Denver Broncos, Indianapolis Colts, and Los Angeles Chargers; the National Basketball Association's Cleveland Cavaliers; and Major League Soccer's Philadelphia Union and New England Revolution. "Airing EGL Club Clash on ESTV presents a tremendous opportunity for us and reflects the success we are having in expanding esports engagement," said Grant Johnson, CEO of Esports Entertainment in a statement.
Dalrada Corporation has announced Charles 'Charlie' Tang as a new member of its Clean Energy Advisory Board, focusing on technology. The company said Tang is a leading expert in Internet of Things (IOT) solutions that enable artificial intelligence (AI) at the edge within a distributed ecosystem. He recently launched and led large-scale initiatives to quickly modernize digitally, aiding commercial and governmental organizations amid the global pandemic.
Imagine AR Inc has announced that Sheldon Inwentash has resigned as a director of the company and will be replaced by Tristram Coffin. The company said it wished to thank Inwentash for his business contributions and wished him the best in all his future endeavors. It noted that Coffin had previously been a member of the board of directors of the company in 2018. Coffin commented: "The company has recently established itself in sports fan engagement by leveraging its patented augmented reality platform and can also deliver immersive consumer experiences for other vertical markets including retailers, brands and education. I am honored to rejoin the Board of Directors today." The company also said it is launching its new branding website- ImagineAR.com- on February 18, 2022, to provide higher-level product marketing and technical information. Additionally, the company has included a "Demo" button for site visitors to download the ImagineAR mobile app and experience visual marker AR activations as well.
CULT Food Science Corp said it has received approval from The Depository Trust Company (DTC) to make the Company's common shares eligible to be electronically cleared and settled through DTC. DTC Eligibility makes the company’s shares more accessible to investors in the United States. Concurrently, CULT has applied to the OTC Markets Group to up-list its shares from being a Pink-level issuer to the OTCQB Venture Market in the United States. The company’s shares will continue to trade on the Canadian Securities Exchange under the symbol CULT and the Frankfurt Stock Exchange under the symbol LN0. Lejjy Gafour, president of CULT commented: “We are pleased to receive DTC Eligibility as applicable to CULT’s Shares in the United States and look forward to having the Company’s Shares be more accessible to investors in that large market, Now with our Shares being listed on the Canadian Securities Exchange, Frankfurt Stock Exchange and with DTC Eligibility applied to our Shares traded within the OTC Markets Group, it is easier than ever before for investors in the world’s major capital markets to become owners of CULT’s Shares."
Predictiv AI Inc (TSX-V:PAI) said it has entered into debt settlement agreements with certain directors, officers, former employees and consultants of the company. Predictiv AI has agreed to convert an aggregate of $114,000 in payables owed to the parties related to services rendered to the company up to the period ending January 31, 2022, into Predictiv AI common shares. The company is proposing to issue the settlement shares in order to preserve working capital to fund operations. Predictiv AI has agreed under the terms of the debt settlement agreements, to issue an aggregate of 2,280,000 settlement shares at a deemed issuance price of $0.05 each in full and final satisfaction of the payables owing to the parties. By issuing the settlement shares, the payables will be fully settled. The settlement shares will be issued in reliance on certain prospectus exemptions available under Canadian securities legislation and will be subject to a four-month and one-day hold period from the date of issuance. 700,000 Settlement Shares are being issued to insiders of the company. The settlement of the payables has been approved by all of the directors of the company. Conversion of the payables and issuance of the settlement shares is subject to the acceptance of the TSX Venture Exchange. There is no guarantee that such conditions precedent will be satisfied or that any of the transactions will be completed as described herein or at all. Predicitiv AI also announced that Jerry Grafstein has resigned as a director of the company.
Contakt World (CSE:HELP) Technologies Corp said it has closed a financing of units of the company through the issuance of two million units at a price of 7.5 cents per unit, for gross proceeds of $150,000. Each unit is comprised of one Class A Subordinate Voting Share and one share purchase warrant. Each warrant is exercisable into one share at a price of $0.15 for a period of two years from the date of issuance. In addition, the company also converted $124,500 in debt through the issuance of 1,659,998 units in share for debt agreements, under the same terms. All securities issued are subject to a four-month and one-day statutory hold period expiring on June 18, 2022. The company said it intends to use the net proceeds from the financing towards general working capital.
TomaGold Corp (TSX-V:LOT) said the TSX Venture Exchange has accepted for filing the documentation relating to an acquisition agreement dated February 10, 2022, between the company and Yorbeau Resources Inc, in connection with the acquisition of the vendor's 51% interest in the five claims immediately west of the Obalski property, located south of Chibougamau in the province of Quebec. Under the agreement, the company will issue 1.5 million common shares to the vendor. The vendor will retain a 2% net smelter return (NSR) royalty on any saleable production from the property; 50% of the NSR royalty (a 1%) may be purchased by the issuer for $1 million.
Great Bear Resources (TSX-V:GBR) Ltd said it has obtained a final order from the Supreme Court of British Columbia approving the previously announced acquisition of Great Bear by Kinross Gold Corp. by way of a plan of arrangement. The transaction remains subject to the satisfaction of customary closing conditions and is expected to close on or about February 24, 2022. Following completion of the transaction, the Great Bear Shares are expected to be delisted from the TSX-Venture Exchange and the OTCQX.
DGTL Holdings In noted that at the annual general and special meeting of shareholders of Engagement Labs (TSX-V:EL) Inc., held on February 14, 2022, over 98% of the votes cast on the proposed plan of arrangement between Engagement Labs (TSX-V:EL) and DGTL voted in favour of the arrangement. The Ontario Superior Court of Justice (commercial list) issued a final order on February 16, 2022, allowing the arrangement to proceed. Engagement Labs (TSX-V:EL) and DGTL are in the process of filing final documentation with the TSX Venture Exchange (TSX-V) to give effect to the merger for trading purposes. Upon confirmation from the exchange that the additional common shares of DGTL issuable to Engagement Labs (TSX-V:EL) shareholders may be issued, the outstanding common shares of Engagement Labs (TSX-V:EL) will be exchanged for DGTL shares on the basis of one DGTL share for every 8.803 Engagement Labs (TSX-V:EL) share held. It is anticipated that the Engagement Labs (TSX-V:EL) shares will be delisted from the TSX-V following the completion of the arrangement, which the parties anticipate will occur on February 25, 2022
Nextech AR Solutions Corp has announced a Proactive Live event hosted by Steve Darling, featuring Evan Gappelberg, CEO, Adrian Hinrichsen, SVP Business Development & Global Head of Digital Sales. and Brynne Kennedy, director of UX/UI Product Design This special Livestream event will showcase Nextech’s Metaverse Suite and update investors on the 3D modeling industry. The event will be held on Wednesday, Feb 23, 2022, at 1,00pm Eastern Time (US and Canada) and investors can register here: https://zoom.us/webinar/register/WN_bcYw8hPjRJODQJ44T_Z-LQi