The Good Shroom (TSX-V:MUSH) Company Inc has provided a positive update on robust sales and distribution of its portfolio of brands which include traditional cannabis, functional mushrooms and beverage products. The Montreal, Canada-based company through its licensed subsidiary Teonan Biomedical Inc, operates two cannabis brands - Nordique Royale and Velada - representing functional cannabis beverages and popular hash extracts. On December 24, 2021, the company launched Nordique Royale's Afghan Gold hashish in Quebec. Three weeks later the product shot up to Number 4 in sales rankings in its category out of nearly 35 hash products, according to Weed Crawler. During that same period, the company said hash sales amounted to just over $250,000 and is expected to “continue for the immediate term.”
PI Financial has initiated coverage on Wishpond Technologies Ltd with a 'Buy' rating and a C$2.75 target price, citing the company’s strong growth prospects. Analysts at the equities research firm noted that Wishpond has generated strong organic growth of more than 30% since 2017 from subscription-based solutions. And they said the company is positioned to continue this growth rate over its forecast period. “WISH spent a number of years investing in a sustainable sales process, and now has a well-established sales generation engine for systematic lead generation and conversion,” the analysts said. The PI Financial analysts noted that Wishpond's management pegs its Customer Lifetime Value to Customer Acquisition (LTV to CAC) ratio at 3.5 to 1, which is a good investment model as the company remains in the early stages of a large total addressable market.
Mountain Valley MD Holdings Inc (CSE:MVMD, OTCQB:MVMDF) (Mountain Valley MD Holdings Inc (CSE:MVMD, OTCQB:MVMDF), Mountain Valley MD Holdings Inc (CSE:MVMD, OTCQB:MVMDF)) appointed Dr Elizabeth Norton to an advisory position to support the company's key Quicksome vaccine and cold chain projects. Norton is an immunologist with 20 years of experience in evaluating immunity, vaccines, and microbial infections. She has a public health and research background with a current faculty appointment as an associate professor with tenure in the Department of Microbiology & Immunology at Tulane University in Louisiana, in the United States.
Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF) has announced the appointments of Srinivasan Venkatakrishnan as the new chair of the company’s board of directors, as well as an independent non-executive director, and Ian Cockerill as a senior independent non-executive director, effective May 24, 2022. Venkatakrishnan succeeds Michael Beckett, who is retiring from the board after 12 years as its chair.
World Copper Ltd (TSX-V:WCU, OTCQB:WCUFF) will be featuring in a live webinar on Tuesday March 22 at 11am EST. The company is focused on advancing copper porphyry projects: Escalones and Cristal in Chile, and Zonia in Arizona. Two of these projects have estimated resources with significant soluble copper mineralization, and there are at least two other copper porphyry targets with potential to expand the resource. Click HERE to register.
Vuzix Corporation (NASDAQ:VUZI) has signed a distribution agreement with Converge IoT, a North American distributor of 4G LTE and 5G hardware, software, and connectivity solutions and bundles. Converge IoT, which is an exclusive National Primary Agent for the T-Mobile for Business Channel Partner Program, will sell Vuzix smart glasses across multiple industry verticals using T-Mobile's 5G network -- the largest, fastest, and most reliable 5G network in the US. Vuzix has already received and shipped against an initial smart glasses order from Converge IoT. Vuzix said its smart glasses will help field technical workers involved in residential and commercial property maintenance, construction, healthcare, utilities, automotive, and many more services.
Thunderbird Entertainment Group Inc (TSX-V:TBRD, OTCQX:THBRF) announced its production division Great Pacific Media saw its scripted dramedy Reginald the Vampire picked up by streaming services Hulu and Prime Video. The series will consist of 10 new episodes, according to a statement from Great Pacific Media. In addition, the group’s global distribution partner Cineflix Rights is planning to debut Reginald the Vampire to buyers at international television market MIPTV in Cannes in April.
TNR Gold Corp (TSX-V:TNR, OTC:TRRXF) said it has closed the second and final tranche of the non-brokered private placement of up to 5,000,000 units announced on December 22, 2021. On closing, the company issued 420,000 units at $0.05 per unit for proceeds of $21,000. Each unit consists of one common share of the company and one-half of a non-transferable common share purchase warrant, with each whole warrant exercisable into one common share of the company at an exercise price of $0.075 per share for two years from the date of issue.
BetterLife Pharma Inc (CSE:BETR, OTCQB:BETRF) announced it had confirmed the bioavailability of its lead compound BETR-001 in the brain tissue and plasma of treated mice. BETR-001 is a non-hallucinogenic derivative of psychedelic drug LSD that BetterLife is developing to treat neuro-psychiatric and neurological disorders. The Vancouver-based company said it had previously confirmed the non-hallucinogenic property of BETR-001 in the head-twitch-response assay in mice, and is currently trying to confirm that lack of hallucinogenic property of BETR-001 is not due to its poor bioavailability – especially in the target brain tissue.
CULT Food Science Corp said it has invested $125,000 in Montreal-based Opalia Co, the first Canadian company to produce cow milk from mammary cells. Opalia was founded by its chief executive officer, Jennifer Cote, and chief scientific officer, Lucas House, in September 2020 to help reduce the consequences of dairy farming, which causes environmental degradation, animal suffering and the spread of pathogens. "CULT’s purchase of an equity stake in Opalia represents a significant investment in the cultured dairy sector of the broader cellular agriculture space,” said Lejjy Gafour, president of CULT in a statement.
Red Pine Exploration Inc (TSX-V:RPX, OTCQB:RDEXF) has reported encouraging drill results from the Darwin-Grace mine of its flagship Wawa property in Ontario, which shows the potential of the past-producing area. Three major structures have been identified in the area, each with potential to host gold mineralization. These are the Grace shear zone, the Nyman shear zone and a yet-to-be-named zone. One hole hit 11.47 grams per ton (g/t) gold over a length of 2.73 metres (m) starting from a depth of 76.67m at the edge of drilling in the Nyman Shear Zone area, which supports the theory that gold mined in the lower levels of the former mine could extend close to surface, said the company. "The Darwin-Grace area has remained a target of interest for us since 2017 when 6 holes were drilled, all intersecting shallow gold mineralization of up to 57 g/t over 2.34 meters in hole DG-17-56," said Quentin Yarie, CEO of Red Pine Exploration in a statement.
ESE Entertainment Inc said it has signed a framework agreement with GP Metaverse, under which ESE will assist GP Metaverse, a collection of 10,000 unique race car NFTs (non-fungible tokens), with organizing simulation racing tournaments and events. The collection will be distributed in four drops on the leading NFT marketplace, OpenSea, with the first drop of race car NFTs scheduled for March 19, 2022. "Sim racing finally has its own marketplace in the NFT community. The GP Metaverse brings all new ways to strengthen the motorsports community and provide it with a variety of benefits. We can't wait to start organizing esports and gaming events and tournaments for the GP Metaverse community,” Michał Mango, head of Strategy at ESE Europe, said in a statement. Marcin Zajac, co-founder at GP Metaverse, commented: "We are excited about the project as motorsport and new technologies seem to be a perfect match that bring a lot of attention from both blockchain/NFT enthusiasts and racing lovers. The strong and positive feedback we get motivates us to bring new quality to NFTs. It's great to partner with ESE - the market's leader in digital motorsports."
QC Copper and Gold Inc has announced new assay results from its ongoing drill program at the Opemiska copper project in Quebec, which it said confirm “excellent expansion potential”. The company said the majority of the reported intersections are within the Saddle Zone at Opemiska, a critical expansion area for the open pit. The Saddle Zone was never mined and existed in between the former producing Springer and Perry mines, it added. QC Copper noted that several holes returned wide copper mineralized intervals, including OPM-21-123: 93 metres (m) at 0.45% copper equivalent (CuEq) starting at 6m downhole, and OPM-22-126: 100m at 0.42% CuEq starting at 60m downhole.
Todos Medical Ltd said it has completed the acquisition of all NLC Pharma’s 3CL protease biology-related assets and formed a majority-owned subsidiary called 3CL Pharma Limited. The subsidiary will focus on developing therapeutics, diagnostics and dietary supplements based on the 3CL protease biology work of Dr Dorit Arad, who will join Todos as the newly appointed chief scientific officer of 3CL Pharma. Undoubtedly, the acquisition solidifies Todos Medical’s position as a key player in the development of 3CL protease products, including Tollovir, a botanical drug candidate for the treatment of hospitalized patients with COVID-19 and other nidovirus coronaviruses; TolloTest, a diagnostic testing platform to identify the presence of the 3CL protease related to SARS-CoV-2; and Tollovid & Tollovid Daily, 3CL protease inhibitor dietary supplements that support and maintain healthy immune function.
Empower Clinics Inc has provided a business update, outlining its recent highlights and its continued growth. "Our company is disciplined in our focus to become a North American leader for integrated healthcare. The first quarter of 2022 has seen our company advance opportunities, sharpen our operational focus and upgrade our leadership team," Steven McAuley, Empowered Clinics chair and CEO said in a statement. "I am excited about the progress the entire Empower team has made to date and look forward to sharing further details on our measurable growth as part of our upcoming Q4 and year-end financial results," he added.
Champion Gaming (TSX-V:WAGR) Group Inc has announced that its sports intelligence subsidiary EdjSports LLC has entered into a syndication agreement with Playmaker Capital Inc. brand Yardbarker, a digital media property that publishes sports and entertainment news and information. As part of the revenue-sharing agreement. Champion said it will provide content and video from its brands Football Outsiders and EdjSports to Yardbarker. Yardbarker delivers breaking NFL, MLB, NBA, and NHL news, as well as hundreds of articles, galleries, and sports quizzes daily, including its sports newsletter, The Morning Bark, to millions of users per month. Founded in 2006, the property distributes content on Yardbarker.com, social media platforms, and via third-party syndication partners.
GGX Gold Corp. (TSX-V:GGX) (GGX Gold Corp. (TSX-V:GGX)) has posted drill results from last year's exploration at the Gold Drop project in British Columbia, which included 12.6 grams per tonne (g/t) gold over 0.3 metres (m) in a hole at the Perky vein. At the property in the Greenwood camp, 25 drill holes were sunk for 1,616.8m before work was suspended due to the risk of wildfire. The first 12 holes were at the Perky vein to test the northern extension. Another 12 were sunk at the Lively vein and a further hole tested for a northern extension of the COD vein.
AIM ImmunoTech Inc (NYSE:AIM) revealed that it has received a notification from the US Food and Drug Administration (FDA) stating that the clinical hold on the company’s investigational new drug (IND) application for a Phase 2 study of its flagship drug candidate Ampligen as a therapy for locally advanced pancreatic cancer (AMP-270) has been lifted. The Ocala, Florida-based immuno-pharma company said that it can now proceed with the study. "Based on the data we've seen to date, we believe Ampligen has the potential to offer an important treatment option to patients living with pancreatic cancer,” said AIM ImmunoTech CEO Thomas Equels in a statement. “Our team is focused on commencing our Phase 2 study which we believe brings us another step closer to providing a potentially effective therapy after systemic chemotherapy in patients with advanced pancreatic cancer."
New Age Metals (TSX-V:NAM, OTCQB:NMTLF) Inc has announced the results of multiple high-resolution UAV-borne magnetic surveys which were completed in 2021 by EarthEx Geophysical Solutions over its Lithman West, Lithman East, Lithman North, Lithium Two, and Cat Lake Properties in Manitoba. The explorer said the surveys were completed to provide highly detailed magnetic maps to aid in the exploration, geological mapping, and drill-targeting of the highly prospective target areas. The surveys were successful in identifying multiple prospective trends that enhance the potential for additional discoveries, it added. The 2021 geophysical programs in Manitoba were co-funded by a C$46,000 grant from the Manitoba Chamber of Commerce's Manitoba Mineral Development Fund.
PlantX Life Inc has announced the launch of same-day delivery for its grocery products across the Canadian cities of Ottawa and Toronto. The company said same-day delivery is a key component of its goal of diversifying its on-demand delivery solutions to better service online customers across Ontario, as well as to enhance the e-commerce impact of its retail stores. “Expanding same-day delivery service to Ontario will help us leverage the combined impact of our e-commerce acumen and our in-store expertise,” PlantX Life CEO Lorne Rapkin said in a statement.
Global Energy Metals Corp (TSX-V:GEMC) said a drilling contract has been executed with Schonknecht Drilling Pty Ltd for the Millennium Project in NW Queensland for 2022, with work scheduled to commence in April. The 2022 drilling program is aimed at expanding existing resources in the Central and Southern areas and defining new resources in the Northern Area, it said. With over $10 million raised at the end of last year, Global Energy Metals’ joint venture partner, ASX-listed Metal Bank Limited (MBK), is fully capitalized to pursue and sole fund the work program as part of MBK’s right to earn up to 80% of the Millennium Copper (Cu), Cobalt (Co) and Gold (Au) project, which holds a JORC 2012-compliant inferred resource of 5.9 metric ton (mt) at 1.08% copper equivalent grade (CuEq) across five granted mining leases, the company added.
Q BioMed Inc. (OTCQB:QBIO) has announced a new publication in the Frontiers of Oncology journal supporting the efficacy and further development of its Uttroside-B (Utt-B) chemotherapeutic to treat liver cancer. In the initial Scientific Reports study, Q BioMed said researchers showed that in animal models Utt-B was 10 times more cytotoxic to the HepG2 liver cancer cell line than sorafenib, the only drug approved by the US Food and Drug Administration (FDA) for liver cancer. The company said Utt-B drastically shrank tumors in mice bearing human liver cancer xenografts. In addition, in pre-clinical experiments, Utt-B induced cytotoxicity in all liver cancer cell lines, and researchers were also able to confirm its biological safety, in both in vitro and in vivo studies.
Fabled Copper Corp has updated further on last year's surface fieldwork at its Muskwa copper project in British Columbia - this time from the Magnum deposit where a drone survey was conducted. As part of the exploration in 2021, five areas were surveyed by an Unmanned Aerial Vehicle (UAV), including the Magnum veins. Mineralization here consists of varying proportions of ankerite, quartz, chalcopyrite, and pyrite, in partly replaced remnants of the sedimentary host rock, the firm said. So far, ten veins at Magnum have been identified, varying in width from less than three feet (0.9 meters) up to 25 feet (7.6 meters) and showing continuity on strike and at depth.
Maverix Metals Inc (TSX:MMX) said it had achieved record revenue and attributable gold ounces for a fifth successive year as it reported its 4Q and full-year 2021 results. Vancouver-based Maverix saw its full-year 2021 revenue increase sharply from 2020, posting $57.5 million in 2021 from 32,026 gold equivalent ounces, compared to $51.7 million from 28,916 ounces in 2020. The company sold a record 9,173 gold equivalent ounces during the fourth quarter, an increase from the 8,836 ounces it sold in the comparable year-ago period.
Mednow Inc (TSX-V:MNOW, OTCQB:MDNWF) said it has launched Total Health by Mednow, which provides science and evidence-based personalized supplement plans for consumers focused on preventive health. Total Health aims to counter consumer confusion about supplements and endeavors to prevent harmful interactions with medications. Mednow believes the offering strongly complements its mission of redefining the digital pharmacy's role in holistic care. "We feel there is a real need for more expert guidance, something that typically costs hundreds of dollars or more, but is free through Mednow's Total Health offering, and part of Mednow's mission to improve access to healthcare and to do what's right, not easy," Winsome Dewar, Mednow's head supplement expert and nutritionist said in a statement. “There appears to be a lot of supplement confusion out there. Due to COVID, people are taking even more supplements than ever but significant improvements in key areas like sleep, stress, immunity, and energy only occur when they're of the highest quality to ensure absorption, and they're taken correctly and consistently.”
Great Atlantic Resources Corp (TSX-V:GR) said it has completed a diamond drilling program at its Mascarene property in southern New Brunswick. The program was conducted at the Wheal Louisiana copper–nickel–cobalt occurrence which includes historic shafts. Great Atlantic previously confirmed copper-gold mineralization at this occurrence. Five holes were completed of which four holes intersected quartz and/or carbonate veins with copper mineralization (chalcopyrite).
Argentina Lithium & Energy Corp (TSX-V:LIT, OTCQB:PNXLF) said it has received TSX Venture Exchange (TSXV) approval for its previously-announced agreement to acquire the 2,370 hectare (Ha) Rincon West property and the 15,857 Ha Pocitos asset in Argentina's world-renowned 'Lithium Triangle'. Under the terms of the agreement, the company will issue 750,000 of its shares to the vendor on signing plus $500,000 worth of shares over 12 months and cash payments totaling US$4.2 million over 36 months, limited to only US$1.05 million in the first 18 months - US$800,000 of which are firm commitments over the first year. "Now that we've received TSXV approval, we can begin our exploration and drilling program,” Argentina Lithium & Energy CEO Nikolaos Cacos said in a statement.
ReVolve Renewable Power (TSX-V:REVV) Corp, formerly known as Philippine Metals Inc, has announced that it will resume trading on the TSX Venture Exchange (TSXV) at the opening of the market on Thursday March 17, 2022, under the symbol REVV. The listing follows the reverse takeover (RTO) of ReVolve by Philippine Metals. The company also said it has granted employees and directors stock options to buy 3,500,000 common shares. "We are delighted to achieve the successful completion of the RTO and the public listing of the company's shares on the TSXV," Steve Dalton, ReVolve CEO and director said in a statement. "ReVolve has built up a solid track record in the renewable energy industry over the last 10 years and we look forward to the next phase of our growth as a publicly listed company. The importance of the renewable energy industry has never been greater as companies and governments strive towards transitioning to net zero emission businesses and economies over the next five years and beyond. We are excited to continue the development of our 3GW+ portfolio of renewable energy projects in support of this transition and creating further value for our shareholders," Dalton added.
Etruscus Resources (CSE:ETR, OTC:ETRUF) Corp has welcomed last year's exploration results from its Lewis property in the Gander belt in Newfoundland, which identified several new high-grade gold targets ahead of a potential drill program in 2022. The work included 1,922 soil samples, 60 rock samples and more than 100 geological mapping points. Notably, 20 of the 60 rock samples returned assays, which showed over 1 gram per ton (g/t) of the yellow metal, while five returned more than 10 g/t gold. A standout assay was 24.2 g/t of the precious metal. "The Lewis property, acquired by Etruscus in June of 2021, was selected due to the historic discovery of gold mineralization by Noranda Resources along with its prime location within a burgeoning exploration district, adjacent to New Found Gold," Etruscus CEO Fiore Aliperti told investors in a statement.
Information Services Corporation has reported a big rise in fourth-quarter and full-year 2021 revenue due to strong activity in the Saskatchewan real estate sector, which drove increased revenue in the Saskatchewan Land Registry. The company also attributed a 13% increase in 4Q revenue to $44.2 million to continued organic growth in its Services segment through integrated technology-driven product offerings. Information Services Corporation (ISC) said net income for the three months to December 31, 2021, was $10.3 million or $0.59 per basic share, up from $7.9 million or $0.45 per basic share in 4Q 2020, and it has declared a quarterly cash dividend of $0.23 per ‘A’ share.
Harvest One Cannabis Inc told investors that it has further expanded its presence in the United States with the signing of a sales distribution agreement with Flat River Group (FRG), a leading North American e-commerce distributor. Under the agreement, FRG will sell and distribute Dream Water and LivRelief products throughout North America. FRG partners with consumer goods companies that manufacture housewares, games, toys, pet supplies and outdoor sporting goods and has fulfillment centres in Michigan, Missouri and Illinois. It also partners with major retail outlets such as Amazon, Walmart, Macy's, Kohl's, Wayfair, Target, the Home Shopping Network, Bed Bath and Beyond, and Bluestem.
BioSig Technologies Inc has announced that John Sieckhaus will be joining the company as chief operating officer. The Westport, Connecticut-based company said that Sieckhaus brings 30 years of experience in the healthcare industry, including 21 years at St Jude Medical and Abbott Laboratories (NYSE:ABT). “We are pleased to welcome John to the team as we build toward a national rollout of our leading product, PURE EP,” CEO Kenneth L. Londoner said in a statement. “John's leadership experience in the electrophysiology space and his impressive track record in capturing and growing market share in the US is well-aligned with our mission to bring our signal processing technology to as many hospitals as possible in the coming years.
Helix BioPharma Corp interim CEO and board chairman Slawomir Majewski has passed away suddenly, the biopharmaceutical company said “with great sadness”. Majewski served on the board since 2012 and took over the CEO in an interim capacity since September 2021. "Slawek was an exceptional executive - but more importantly - he was an exceptional human being,” said Artur Gabor, on behalf of the Helix board.
Vejii Holdings Ltd 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. The company's common shares will continue to trade in the United States under the ticker symbol VEJIF on the OTCQB Venture Market. Having DTC Eligibility enables the common shares to be distributed, settled, and serviced through DTC's automated processes. Overall, this is expected to simplify the process of trading of Veiij's common shares while enhancing the liquidity in the United States. "Our DTC Eligibility marks another step towards increasing market awareness for Vejii. We are working diligently to showcase the Company as a compelling, and innovative digital platform at the forefront of our industry. Between ShopVejii.com, VeganEssentials.com, and VEDGEco.com, we have established a strong presence in the US market and have built a community of ethically-aligned consumers. We believe that having DTC eligibility will make trading of the Company's common shares more accessible to the US investment community", commented Kory Zelickson, director, and CEO of Vejii.
Xigem Technologies (CSE:XIGM, OTCQB:XIGMF) Corporation said it has retained Hybrid Financial Ltd.. The service provided by Hybrid to the company is a database of Registered Financial Professionals in North America. Hybrid is not promoting the specific purchase or sale of securities. It provides its database, technology, and call center services to enable the issuer to disseminate its information to Financial Professionals only. Hybrid provides its services directly to the Company. Hybrid has agreed to comply with all applicable securities laws and the policies of the Canadian Securities Exchange (CSE) in providing its services. The Agreement calls for an initial period of 12 months beginning March 14, 2022, and then shall be renewed automatically for successive six-month periods thereafter, unless terminated by the company in accordance with the agreement. Hybrid will be paid a monthly fee of $22,500, plus applicable taxes, during the initial term.
Gratomic Inc said the TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on December 15, 2021, and January 21, 2022, which will see the issue of 3,951,541 common shares at a purchase price of $1.40 per common share together with 987,882 share purchase warrants at an initial exercise price of $1.45 and a term to expiry of six months with 48 placees.
Whitehorse Gold Corp said it has received approval to list its issued and outstanding common shares on the OTCQX Market. and will begin under the symbol WHGDF at the open today, March 16, 2022. Whitehorse Gold will continue to maintain the listing of its Common Shares on the Toronto Stock Exchange Venture under the symbol WHG. Trading on the OTCQX Market, operated by OTC Markets Group Inc, offers companies efficient, cost-effective access to the US capital markets. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the US. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Gordon Neal, Whitehorse Gold CEO and director commented: "We are very pleased to be graduating to the OTCQX Market as this will provide our valued US investors with greater liquidity and execution services. It will also help us to enhance our visibility among US and global investors as we continue to explore and advance our high-grade Skukum Gold Project in Yukon, Canada."
Phunware Inc (NASDAQ:PHUN) has announced that it will provide additional resources to help maximize shareholder value to include a simple online form that enables shareholders to direct their brokerages not to loan out Phunware securities such as PHUN and PHUNW. Short selling or "shorting" is an investment strategy that involves betting against a stock. Short-sellers typically borrow shares they don't own from brokerage firms and sell them on the open market with the expectation they'll be able to buy back the shares they owe at a lower price. "Short selling recently made headlines in the wake of what happened with companies like GameStop and AMC when retail investors were able to successfully restrict the number of shares available in order to cause a short squeeze," said Matt Aune, chief financial officer of Phunware. "While many retail investors hope the price of their shares will go up, many don't realize their brokerage may be loaning those same shares to short-sellers who work in opposition to price appreciation or that they can often restrict this practice by not allowing brokerages to loan out their shares." to fill out a brokerage letter requesting Phunware securities not be loaned out, investors can use the following link: https://www.phunware.com/resources/shareholders/