TNR Gold Corp revealed new developments related to the acquisition of Josemaria Resources Inc by Lundin Mining Corporation (TSX:LUN), which was first announced earlier in April. Josemaira’s flagship asset is the Josemaria copper-gold project in Argentina, on which TNR holds a 7% net profit interest royalty covering the Batidero I and II properties. In a statement, Vancouver-based TNR told investors that Lundin and Josemaria have completed a plan of arrangement related to the acquisition.
CO2 GRO Inc, which provides proprietary carbon dioxide (CO2) delivery solutions technology, has announced that a CO2 Delivery Solutions system has been installed for a technology trial in The Cucumber Man's 522,000 square foot Alberta greenhouse. The company said the trial, which was delayed due to issues related to coronavirus (COVID-19), is being conducted on long English cucumbers and will expand to grape tomatoes shortly. "We are excited to be underway with our first greenhouse trial in the province of Alberta,” CO2 GRO’s vice president for sales and strategic alliances Aaron Archibald said in a statement. “This is an important trial as we will be running two trials more or less at the same time, applying CO2 to cucumbers first then shortly afterwards to grape tomatoes.”
GoviEx Uranium Inc told investors that it has started its 2022 field program on its 100%-owned and mine permitted Mutanga uranium project in Zambia. Mutanga is one of three African projects owned by GoviEx, which it said it plans to develop following its flagship Madaouela uranium project in Niger. The company said the field program will target key aspects that will help progress the Mutanga project towards completion of its feasibility study and potential subsequent funding and construction. "We are a multi-asset developer on track to deliver on the feasibility study for our mine permitted Mutanga Project,” the company’s CEO Daniel Major said in a statement. “This is two years after we plan to deliver the feasibility study for our Madaouela Project in Niger, which is due in the first half of this year. With increased uranium prices driven by strong market fundamentals, the Mutanga Project continues to be a key asset for GoviEx."
Water Tower Research has published an update on HNI Corp following its first quarter sales and earnings beat Wall Street estimates. Headquartered in Iowa, the US firm manufactures and markets workplace furnishings and residential building products. The company expects earnings seasonality to increase in FY22 compared to previous years, noting that approximately 70% of profits have come in the second half recently. The company which was founded in the mid-1940s operates in two distinct yet unrelated businesses: commercial/contract office furniture and fireplaces and related products.Investors can read the research report here.
Vivakor Inc, which acquires and develops clean energy technologies and environmental solutions, revealed that its management will participate in a closing bell ceremony at the Nasdaq Stock Market on Monday, May 2, 2022, at 3:45 pm ET, to celebrate its recent listing on February 14, 2022. Vivakor CEO Matt Nicosia will ring the closing bell. "Ringing the opening bell at the Nasdaq is a significant milestone in the history of Vivakor," said Nicosia. "I want to thank our dedicated employees…We are excited about our bright future ahead and look forward to executing on our strategy to drive growth and deliver value for shareholders." The event will take place at the Nasdaq MarketSite in 4 Times Square at 43rd and Broadway on May 2, 2022 at 3:45 pm. A live stream will be available here. A replay of the ceremony will be available on the Vivakor investor relations website.
Cloud DX, a leader in virtual care and digital healthcare, will post its financial fourth-quarter results after the market closes on April 29, 2022. Meanwhile, Cloud DX CEO Robert Kaul will host a live webinar to recap results and provide an update on a record-breaking haul of 1Q contracts May 2, 2022. The presentation will cover updates on new contracts as part of the firm's Medtronic partnership, details on the company's AcuScreen app, which enabling a smartphone to detect tuberculosis. The live webinar will take place on May 2, 2022 at 12 noon. Investors may register for the event here.
Mountain Valley MD Holdings Inc (CSE:MVMD, OTCQB:MVMDF) has provided a sweeping update on how it is rapidly advancing its patented Quicksome oral drug formulation and Quicksol solubility formulation technologies through key initiatives. The Toronto-based company is building a world-class organization centered around the implementation and licensing of its key technologies to global pharmaceutical, vaccine, and nutraceutical third parties. The company sees “significant potential” in treating mycobacterium-based infections in humans and animals with its solubilized format of Selactosol 1.5% and it plans to start pre-clinical studies with the drug in the “latter half of 2022.” The firm also told investors it expects to have information on formulation developments and to complete testing of formulations in a Type 1 diabetes model in the second half of 2022.
Nextleaf Solutions Ltd (CSE:OILS, OTCQB:OILFF) announced that it will launch Glacial Gold softgels for the consumer market this summer, which the company said will provide unparalleled value in quality and price per milligram compared to other regulated capsules and edible products. The Canadian cannabis vapes, and oils producer noted the new softgel product launch signifies the company's expansion into the ‘Capsules’ category. It added that Glacial Gold softgels will be made with high-purity cannabis distillate in a base of organic coconut medium-chain triglycerides (MCT) oil expertly encapsulated for a premium consumption experience, without premium pricing.
Ridgeline Minerals (TSX-V:RDG, OTCQB:RDGMF) said it is pleased with early drilling at its Swift project located in the Cortez mining district in Nevada, which is currently under option to Nevada Gold Mines. Ridgeline CEO Chad Peters said the company was encouraged to see the initial assay results in SW21-001 return a near surface gold intersection in historically poor host rocks of the upper plate. Peters told investors that the results "further support the widespread gold and trace element footprint at Swift and highlight the potential strength of the Carlin-Type gold target at depth."
Equity Metals Corporation (TSX-V:EQTY, OTCQB:EQMEF) revealed several new intersections of high-grade gold and silver from the NG-3 target area on its Silver Queen property in British Columbia. The Vancouver-based junior said that its drilling has confirmed the extension of the NG-3 vein to over 300 metres of strike, and up to 240 metres below surface. Highlights from the latest batch of results include a 1.5 metre interval grading 14.5 grams per ton (g/t) gold equivalent or 1,089 g/t silver equivalent within a 3.7 metre interval averaging 6.3 g/t gold equivalent or 472 g/t silver equivalent.
Boosh Plant-Based Brands Inc (CSE:VEGI, OTC:VGGIF) said its recently-acquired Beanfields brand has been awarded two stock-keeping units (SKUs) across 250 stores by the Northern California Division of Safeway for its Nacho and Black Bean Sea Salt. HEB grocery stores has also awarded an additional SKU for Beanfields’ Black Bean Sea Salt, giving it three SKUs at the chain. Beanfields will be sold in approximately 200 of the 300 HEB stores throughout the US, Boosh added. Additionally, Boosh said it is launching its shelf-stable Mac & Cheese nationally with UNFI, one of North America's largest food brokers, and has completed completes a seamless launch into Save On Foods with reorders already in place. Boosh also announced that it has retained Marsham International to represent Boosh products in Canada.
Nevada Silver Corporation (TSX-V:NSC) revealed that it has commenced the first exploration in more than 100 years at Belmont silver camp in Nevada having seen potential in the historic mining site which once dominated Nye County’s silver production. The junior company controls patented and unpatented claims covering numerous historic silver mines located near the town of Belmont, including the majority of older silver mine workings at the Belmont silver camp. “Belmont is among the earliest and richest silver mining camps in the Tonapah district and had an estimated average silver ore head grade of 25 ounces per tonne of silver,” Nevada Silver said in a statement.
PlantX Life Inc. (CSE:VEGA) has announced the expansion of its multi-brand pop-up retail initiative at its brick-and-mortar location in Venice Beach, California. The Vancouver, British Columbia-based company said the launch of the pop-up initiative was inspired by the success of pilot pop-up initiatives, which promoted the company's partner brands Matthew Kenney Cuisine Global LLC (MKC) and BESTIES Vegan Paradise. The pop-up initiative aims to support both new and established plant-based brands by offering PlantX's brick-and-mortar retail space in Venice Beach as a pop-up installation space designed to promote selected brands' popularity and growth and empower the plant-based community, noted the company. The pop-up initiative demonstrates the company's leadership in the plant-based space by expanding and diversifying its partnerships with impactful plant-based brands, it added.
Minto Metals Corp (TSX-V:MNTO) has released updated drill results from its Minto mine property in Yukon, Canada, which show promising potential for the company to expand the copper resource. Highlights from the results include an intercept of 1.34% of copper over 25.97 metres, including 2.72% copper over 9.32 metres, according to Minto. Another drill hole revealed 3.83% copper over 2.05 metres and 0.79% copper over 15.10 metres, including 2.71% over 3.58 metres.
Marble Financial Inc. (CSE:MRBL, OTC:MRBLF) said it has entered into a binding Letter of Intent (LOI) to acquire eBunch Data and Development Ltd for $550,000 in cash and shares. eBunch is an innovative Canadian digital marketing firm that specializes in generating more qualified leads per dollar spent for retailers, with a focus on the automotive sector. The company has developed proprietary intellectual property (IP) and artificial intelligence (AI) driven technology to help internal marketing teams reach their ideal and opportunistic audience with targeted digital ads across all platforms and industries. "This acquisition allows Marble to exponentially expand its reach and partnerships. With access to a broad range of industries, we will be able take on new markets that were previously inaccessible," said Doug Tanner, Marble’s vice president of business development said in a statement.
CleanSpark Inc (NASDAQ:CLSK) has announced that it is now a partner of Sustainable Bitcoin Standard (SBS), an organization that incentivizes clean bitcoin mining. The Nevada-based bitcoin mining and energy technology company said SBS provides miners and investors with transparent and verifiable ‘Proof of Sustainable Mining’ certificates. “CleanSpark has been focused on using clean energy since day one. In fact, this focus pre-dates our bitcoin mining operations,” CleanSpark executive chairman Matt Schultz said in a statement.
Gold Resource Corporation (NYSE-A:GORO, ETR:GIH) said it has declared its quarterly dividend of $0.01 per common share for the second quarter of 2022 payable on June 30, 2022, to shareholders of record as of June 15, 2022. The company noted that dividends may vary in amount and consistency or be discontinued at the board of directors’ discretion depending on variables including but not limited to operational cash flows, company development requirements and strategies, construction, spot gold and silver prices, taxation, general market conditions and other factors described in the company's public filings with the US Securities and Exchange Commission.
Gold Resource Corporation (NYSE-A:GORO, ETR:GIH) also said it will issue a news release providing a summary of its financial and operating results and file its Form 10-Q with the financial and operating results on EDGAR for the period ended March 31, 2022, on Monday, May 9, 2022, after the market closes. The company will host a conference call on Tuesday, May 10, 2022, at 11:00 a.m. Eastern Time. The conference call will be recorded and posted to the company's website later in the day following the conclusion of the call. Following prepared remarks, Allen Palmiere, the company's president and chief executive officer, Alberto Reyes, chief operating officer and Kim Perry, chief financial officer will host a live question and answer (Q&A) session. To join the conference via webcast, please click on the following link: https://app.webinar.net/DG5l9rQ3r7X. To join the call via telephone, please use the following dial-in details: Participant Toll Free: (888) 440-2094; International: (438) 803-0544; Conference ID: 2818458
GR Silver Mining (TSX-V:GRSL) has released wide and high-grade silver results from its surface infill drilling program at the Plomosas project in Mexico’s Sinaloa state that suggest the potential to significantly increase grade in some areas of the resource model - and improve the average silver grades for its next resource estimation. The company said the infill drilling program initially focused on unmined areas close to surface when it began in December 2021 and is now progressing with a focus on underground infill drilling with three drill rigs. "From the time of the release of the technical report for the Plomosas project in October 2021, it was clear that new infill drilling could offer the opportunity to improve the grade of the mineral resource estimate by addressing unsampled or under-sampled areas in the block model,” the company’s chairman and CEO Eric Zaunscherb said in a statement. “In addition to the expansion of mineralization to depth and along strike at San Marcial, it is GR Silver's priority to address the questions about grade at the Plomosas Mine.
CULT Food Science said it has made a strategic investment into Unicorn Biotechnologies Limited, a biotech company developing a cell manufacturing system aiming to produce cheaper and more efficient animal cell products. Cambridge, UK-based UBL’s fit-for-purpose, high-density adherent cell manufacturing system improves process development timelines by 90%, achieves a 10-fold cost reduction and lowers the labour component by 75% through automated workflows as compared to current processes, the company said. “CULT is excited to add its investment in UBL to its cellular agriculture ecosystem. We are keenly interested in the growth trajectory of UBL based on the early prospects of its potentially game-changing new bioreactor solution,” Lejjy Gafour, chief executive officer of CULT said in a statement.
Cabral Gold Inc (TSX-V:CBR)has told investors that the latest drill results from its Cuiú Cuiú project suggest the presence of another primary gold deposit at the property in Brazil. The assays come from nine diamond-drill holes, which tested the new hard-rock discovery beneath the gold-in-oxide blanket at the PDM target. Highlight results include an intercept of eight metres (m) grading 6.7 grams per ton (g/t) gold from a depth of 114m in one hole, which included a length of 2m at a grade of 23.2 g/t of the yellow metal.
Wellbeing Digital Sciences (NEO:MEDI.AQN, OTCQB:KONEF) said its subsidiary, IRP Health Ltd, has been approved as part of the coveted Chronic Pain Centre of Excellence for Canadian veterans (CPCoE). It also announced that IRP Health’s clinic in Ottawa, Ontario has been approved by Veterans Affair Canada (VAC) for its multi-disciplinary reactivation-branded therapy program. After meeting strict criteria, IRP Health's four Canadian locations will now be listed and recommended as part of the national network of clinics. The clinics will contribute towards the national collection of data to help further research and innovation with respect to the treatment of military veterans. "Being recognised by Canada's leader in chronic pain research and services for military veterans is both a privilege and an honour,” Steven Inglefield, CEO of IRP Health and COO of Wellbeing said in a statement.
PowerTap Hydrogen Capital Corp. (NEO:MOVE.AQN, OTC:MOTNF) has said zoning application for its first Andretti station located in Fortuna in Humboldt County, California is moving forward, with the initial public hearing scheduled for May 2022. The company said in an update of the zoning approval process that the Powertap team is gearing up for full participation in the hearing following some delays due to COVID-19 constraints. Powertap expects construction of the station, which incorporates a Powertap Gen3 modular blue hydrogen production and dispensing unit (MHPDU), to follow soon after permits are granted in Q3/Q4 2022.
Kodiak Copper Corp. (TSX-V:KDK) has announced the mobilization of a second drill rig to its 100%-owned MPD copper-gold porphyry project in Southern British Columbia, where the company is executing a fully funded drill program of up to 25,000 metres (m) in 2022. The company said drilling so far this year has focused on the Gate Zone where it made a high-grade copper-gold discovery. The Gate Zone remains open in multiple directions and it has identified high-priority drill targets for potential extensions of mineralization which are now being systematically drilled. “We believe there is significant potential to further extend the Gate Zone and this has been the focus of our drill program in the first months of this year,” president and CEO Claudia Tornquist said in a statement. “We are now looking forward to accelerating the program with a second drill rig to start testing additional targets, which have equally as much discovery potential as Gate.”
Burcon NutraScience Corp (TSX:BU, NASDAQ:BRCN) has said it expects its joint venture partner Merit Functional Foods Corporation to secure sales contracts with leading food and beverage customers that will “reap long term benefits” for the company. Burcon, a global technology company involved in the development of plant-based proteins for food and beverages, is a joint venture partner and licensor of Merit’s pea and canola technologies. In an update to shareholders, Vancouver-based Burcon said that Merit has fulfilled new and repeat purchase orders from consumer packaged goods (CPG) companies looking to incorporate Merit's best-in-class pea and canola protein ingredients into food and beverage products.
Skye Bioscience inc (OTCQB:SKYE) said it has hired experienced Australian clinical trial operator CMAX to run its phase 1 study of lead candidate SBI-100 OE to treat glaucoma in Adelaide with final data expected in the fourth quarter this year. CMAX will conduct Skye's first-in-human single ascending dose (SAD) and multiple ascending dose (MAD) phase 1 study in healthy volunteers, evaluating safety and pharmacokinetics of SBI-100 OE under good clinical practice (GCP). "CMAX, along with our principal investigator, Professor Shakib, are highly capable with decades of experience in conducting first-in-human clinical trials," said Tu Diep, the chief development officer of Skye, in a statement.
Canada Rare Earth Corp (TSX-V:LL) revealed that it has forged an agreement in principle on April 24, 2022, to purchase an existing rare earth refinery situated in South East Asia. Canada Rare Earth COO Peter Shearing said the refinery is based on technology and processes already deployed and in production at a dozen other rare earth processing plants and can produce approximately 3,000 metric tonnes, or 3 million kilograms (kg) of the complete spectrum of rare earth oxides. “The capability to produce high-profile neodymium (Nd), praseodymium (Pr), dysprosium (Dy) and terbium (Tb) oxides is of critical importance to the rapidly developing and growing electrification and electric vehicle (EV) market sectors. These valuable elements are trading at strong price levels and demand is not fully satisfied by current output levels of existing facilities,” noted Shearing. “For example, Nd and Pr are currently selling for approximately US$135 per kg and Dy and Tb for US$397 and US$2,200 per kg respectively, according to Baiinfo.”
Minto Metals Corp (TSX-V:MNTO) has released updated drill results from its Minto mine property in Yukon, Canada, which show promising potential for the company to expand the copper resource. Highlights from the results include an intercept of 1.34% of copper over 25.97 metres, including 2.72% copper over 9.32 metres, according to Minto. Another drill hole revealed 3.83% copper over 2.05 metres and 0.79% copper over 15.10 metres, including 2.71% over 3.58 metres.
Aurelius Minerals Inc (TSX-V:AUL, OTCQB:AURQF) has announced results from an underground channel sampling program at its flagship Aureus East project in Nova Scotia, which included 168.0 grams per tonne (g/t) gold over 1.5 metres (m). The gold exploration company said significant gold mineralization was identified in each of the three areas of channel sampling, with 11 of 23 channels producing samples grading over 30 g/t gold.
Trust Stamp (NASDAQ:IDAI, EURONEXT:AIID) has announced the launch of its first-of-a-kind Biometric Multi-Factor Authentication (Biometric MFATM) solution. Built on the tech group's advanced biometric tokenization, Biometric MFATM is spoof-resistant, verifies liveness, and replaces or supplements vulnerable one-time passcodes (OTP). "Device-based multi-factor authentication is vulnerable,” said Kinny Chan, Trust Stamp (NASDAQ:IDAI, EURONEXT:AIID)’s chief commercial officer (COO) in a statement.
Therma Bright Inc (TSX-V:THRM, OTC:TBRIF) has announced that the initial order of its updated Venowave product has been shipped to its US distributor, DME Authority, LLC, from its Chinese contract manufacturer, despite the challenges of material and component shortages, logistics and shipping delays and lockdowns in various parts of China. The company reminded investors that the initial order consists of 2,500 units, each consisting of two Venowave devices, of which 500 units have been shipped by air, with the balance being shipped by sea. "It has been a frustrating process with all of the shortages and delays, but we are now poised to increase production and availability of the product as demand grows,” the company’s CEO Rob Fia said in a statement. “We are excited to be able to deliver products to customers in the US who have been patiently waiting for this potential life saving technology."
Nextech AR Solutions Corp. (CSE:NTAR, OTCQB:NEXCF, NEO:NTAR) said major auto parts distributor, Genuine Parts Company has signed up for its ARitize 3D technology, expanding the company’s offering into auto parts which provides a substantial revenue opportunity. “This 3D modeling contract for the auto parts industry is a big win as we are always competing with other 3D solutions providers on businesses when it comes to a big brand,” Nextech CEO Evan Gappleberg said in a statement. “This is just the start of what we believe is a long-term relationship. Being able to provide scalable 3D/AR solutions for this trillion dollar industry at what we believe is the lowest cost and highest quality, the most scalable solution sets the stage for tremendous upside in this category," he added.
American Manganese Inc. (TSX-V:AMY, OTCQB:AMYZF) said it has been selected as 1 of 15 finalists, among more than 120 companies, to meet with decision-makers of different business lines at Evonik Industries AG, a leading specialty chemicals company. American Manganese will be presenting its patented lithium-ion battery recycling technology, RecycLiCo, at the upcoming Evonik Battery Solutions Day hosted by the Massachusetts Institute of Technology (MIT). Evonik, in collaboration with Blumorpho, is exploring potential collaboration and investment opportunities with organizations that demonstrate a high level of differentiation and strong value proposition across multiple battery solutions. Evonik is facilitating round table meetings on business discussions that will take place at MIT on May 4 and 5, 2022. "We are proud to be selected as 1 of 15 finalists focused on battery solutions, and we are told that American Manganese's application has raised high interest from multiple teams within Evonik," said Larry Reaugh, president and CEO of American Manganese in a statement.
SPYR (OTCQB:SPYR), doing business as SPYR Technologies, told investors that its subsidiary Applied Magix Inc is investigating possible acquisition targets to add essential intellectual property (IP) to its line of products, as well as new product lines. The Texas-based technology group explained that Applied Magix develops and resells Apple ecosystem compatible products in the growing multibillion-dollar smart home and connected car markets. "I'm always looking for new and innovative technologies, and as a result, have come across several potentially awesome IP targets that might be worth acquiring," Applied Magix CEO Harald Zink said in a statement. "Some of these are AI-based and would complement and expand some of our existing product lines really well. Others represent some significantly innovative technologies that could be at the core of new product lines."
Real Luck Group Ltd (TSX-V:LUCK, OTCQB:LUKEF), which along with its subsidiaries conducts business as Luckbox, has published full-year results, which showed that the company had cash balances of $14.4 million on December 31, 2021. With no debt, the company is “in a strong position to deliver on our growth goals in 2022 and beyond”, said CEO Thomas Rosander in a statement. Luckbox is a wagering platform built for a new generation of players, offering betting on esports, sports and casino games. "During fiscal 2021, our team worked to enhance and extend both our proprietary platform and infrastructure, positioning us to launch our player acquisition efforts in 2022,” the CEO said in a statement.
American Resources Corporation (NASDAQ:AREC) said it has secured the exclusive worldwide rights for a new provisional patent filed by the company's technology and research partner, Purdue University, for the isolation and purification of battery-grade materials using multi-mode chromatography for all feedstocks. The provisional patent was filed on March 25, 2022, by the Purdue Research Foundation to establish and protect the company's "versatile multi-dimension and multi-mode chromatography methods for producing high-purity lithium, cobalt, nickel, and manganese salts with high yields from all feedstocks including end-of-life batteries," the company said. "This particular patent further enhances our ability to be the lowest cost provider for the final stage of producing isolated and purified, battery-grade materials that can be used to manufacture new lithium-ion batteries,” Mark LaVerghetta, the company's head of Corporate Finance and Communications said in a statement.
PyroGenesis Canada Inc. (TSX:PYR) has confirmed that the company’s Drosrite dross recovery technology has again been successfully commissioned, this time at an existing North American automobile parts manufacturer client. The Montreal-based provider of advanced plasma technologies said site acceptance testing (SAT) has also been completed at the client, who it didn’t name due to confidentiality reasons. PyroGenesis explained that the system, which was part of a two-system order, was originally intended for delivery to an Asian client and was subsequently fully paid for. Due to significant delays in the client's ability to expand their facility, PyroGenesis sold the two units to an existing client who assumed the contract. The contract was for two Drosrite systems, each with a capacity of 5,000 tons/year. Both systems were completed and delivered to the client's facility, it added.
AEX Gold Inc (AIM:AEXG, TSX-V:AEX) has announced the appointment of Liane Kelly as Senior Independent Director with immediate effect. An exploration geophysicist by background, Kelly was appointed as an Independent Director in August 2021 and has brought a wealth of ESG experience to the Board. Liane, who has considerable experience in the mining sector, has enjoyed a successful career advising companies on sustainability and CSR initiatives in recent years. In particular, Liane specialises in advising companies on community engagement and social impact, both of which are vital for AEX as the corporation continues to build on its strong engagement with its. Greenlandic stakeholders. Graham Stewart, the chair of AEX, commented: "Liane's appointment as Senior Independent Director represents another clear step in making sure AEX has the right systems of corporate governance in place, which will support the future of the Corporation through good decision making". AEX also announced that it has granted 73,333 on-hire stock option awards to an employee under its Stock Option Plan. The options have an exercise price of C$0.75 per share, vested immediately on the date of grant, and will expire if they remain unexercised five years from the date of the award.
Delta 9 Cannabis Inc. (TSX:DN) said it has completed a private placement of 2,038,217 common shares of the company, for a deemed price of 31.4 cents per common share, to Oak Hill Financial Inc, in satisfaction of a success fee payable to Oak Hill under an advisory services agreement dated October 27, 2021, between Oak Hill and the company in connection with the closing of the company's new credit facilities with Connect First Credit Union Ltd on March 31, 2022. The final closing of the offering remains subject to the approval of the Toronto Stock Exchange.
Newrange Gold Corp. (TSX-V:NRG, OTCQB:NRGOF) said the TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on February 24, 2022, March 14, 2022, and April 20, 2022, which will see the issue of 2,002,356 flow-through shares and 7.27 million non-flow-through shares both with a purchase price of 8.5 cents each, together with 4,636,178 share purchase warrants with an exercise price of 12 cents for a two-year period with 20 placees.
Southern Energy Corp (TSX-V:SOU, AIM:SOUC, OTC:MAXMD) said it has issued 125,000 new common shares in the company to satisfy an exercise of warrants at an exercise price of C$0.32 per common share. In addition, the company has issued 1,250 new common shares to satisfy the Convertible Debenture conversion rights at a price of C$0.80 per common share.
Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) said it has appointed Canaccord Genuity Limited as its new Nominated Adviser and Joint Broker for AIM with immediate effect, following the announcements by Arden Partners in April 2022, regarding the loss of its nominated adviser status upon the completion of its recommended takeover. The appointment is subject to initial due diligence being undertaken. Canaccord Genuity has until 5.00pm on 27 July 2022, to complete its full due diligence.
ARMM (OTCQB:ARMM) said it has retained Hayden IR, LLC to provide investor relations services to the company. HIR will assist ARMM with its overall investor relations strategy and broaden the awareness of ARMM within the investor and financial community. Mark Lawson, founder and CEO of ARMM commented: “The addition of Hayden IR adds another strategic component to ARMM’s evolution as we continue to expand our team of professionals. We look forward to working with Brett and his team which we believe will add additional expertise, outreach, and exposure for ARMM.” The ARMM platform, includes an app that is available to download for no cost from the Apple App Store and Google Play. Brett Maas, managing partner at Hayden IR added: “We are very excited to introduce ARMM to our extensive network of investment professionals. We look forward to working with the team at ARMM as they broaden their reach into the $51 Billion consumer firearms and rugged outdoor recreational market, with a safety, training and educational focused platform that encompasses a growing and expansive set of products and services for outdoor enthusiasts.”
Los Andes Copper Ltd (TSX-V:LA) said it has been advised that RCF VI CAD LLC has entered into a definitive agreement to sell the 2% NSR royalty on the company's Vizcachitas Copper Project owned by RCF under certain Royalty Purchase Agreement dated May 27, 2020. If the proposed sale is consummated, then RCF will owe the company a contingent purchase price payment of US$5,000,000 under the terms of the Royalty Purchase Agreement. R. Michael Jones, CEO of Los Andes, said: "We are very pleased to see the proposed sale by RCF to a company planning to complete a direct listing on the TSX-V in the near future. The Royalty Sale and future listing of a new base metal royalty company mark the growing recognition of our copper asset as a rare world-class copper deposit at a time of growing interest in copper globally."
ACME Lithium Inc. (CSE:ACME, OTCQB:ACLHF) has announced that its president and CEO Steve Hanson will be meeting and presenting to investors at Mines and Money Connect London on May 4 and 5, 2022. Hanson will be presenting an overview of ACME's projects in the United States and Canada. The company also announced commencing May 1, 2022, the engagement of Red Cloud Securities Inc and Red Cloud Financial Services Inc to provide ACME with capital markets advisory and marketing services to potential retail investment advisors, institutional investors, fund managers, high net worth individuals, as well as potential strategic corporate investors. Under the engagement, Red Cloud will be paid a fee of C$10,000 per month for the services it will render for a 12-month period, and the arrangement can renew month-to-month thereafter at ACME's option. ACME has, subject to regulatory approval, granted Red Cloud stock options to purchase 225,000 common shares at an exercise price of $1.30 per share for a period of three years. Red Cloud does not have, either directly or indirectly, an interest in ACME or its securities, and does not have a right to acquire any such interest other than the options. Red Cloud has no other relationship with ACME other than as set out in the engagement letter.
Valeo Pharma Inc. (TSX:VPH, OTCQB:VPHIF) has announced the results of the proposals submitted to shareholders at its annual meeting of shareholders held on April 27, 2022. Among other resolutions, Valeo shareholders overwhelmingly voted to re-elect the company's directors and, in addition, the board has announced the appointment of Marc Leger as director of the company. "I am pleased to welcome Marc to our Board of Directors. Marc had a long career as a senior executive in the Canadian pharmaceutical industry including 12 years with Valeo, the last three as Senior Vice-President and Chief Commercial Officer", said Steve Saviuk, Valeo's chief executive officer. "We look forward to benefiting from his strategic insight and guidance as Valeo continues to pursue its ambitious growth objectives". Leger is a seasoned pharmaceutical executive with pan-Canadian and US experience in both the prescription pharmaceutical and consumer healthcare businesses. He has extensive experience in building and leading organizations and has an excellent track record of developing best-in-class brands. In February 2009, Leger joined Valeo Pharma, leading the Commercial Operations where he was directly involved with the development of both the dermatology and specialty products businesses, which were in part sold to Valeant Pharmaceuticals Inc. (now Bausch Health) in 2014. Prior to his retirement from Valeo in 2021, Leger was acting as Senior VP and Chief Commercial Officer for Valeo. The company also announced that it has granted an aggregate of 175,926 restricted share units (RSUs), vesting one year from grant and 387,500 stock options to certain officers, directors and management team members of the company in accordance with its incentive compensation plan. The options will be exercisable at an exercise price of $0.66 per Class A common share of the company until April 27, 2027, and will vest annually from 1 to 3 years.
BioPorto (NASDAQ COPENHAG:BIOPOR) said it has held its Annual General Meeting which was conducted in English without simultaneous interpretation into Danish. Subsequently, the report on the company’s activities was noted and the 2021 Annual Report was adopted, including the proposed allocation of the results. Discharge of liability was granted to the Board of Directors and the Executive Management, and the 2021 Remuneration Report was approved by advisory vote. The remuneration for the Board of Directors for the financial year 2022 and a related amendment to the Remuneration Policy was also approved. Christopher Lindop, John McDonough, Jan Leth Christensen, Peter Mørch Eriksen, Dr. Michael S. Singer and Don M. Hardison were re-elected as members of the Board of Directors. The proposals from the Board of Directors under item 9 of the agenda were all adopted and included: a) Renewal of the authorisation to increase the share capital, subject to a limit of DKK 125,000,000 for pre-emptive issues and a limit of DKK 37,500,000 for issues without pre-emptive rights with the option of an additional DKK 87,500,000 for offerings where the new shares are admitted to trading on a stock exchange, etc. other than Nasdaq Copenhagen, b) Authorisation to hold general meetings as either partly or fully electronic general meetings, c) Authorisation for general meetings to be conducted in English, d) Inclusion of the name of the Company’s keeper of the register of shareholders in the Articles of Association, and e) Authorisation to the Chairman of the general meeting. PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab was re-elected as the company’s auditor. Immediately following the Annual General Meeting, the Board of Directors elected Christopher Lindop as Chairman and John McDonough as Vice Chairman.
Phunware Inc (NASDAQ:PHUN) has said it will hold a conference call on Thursday, May 12, 2022, at 4.30pm Eastern time (1.30pm Pacific time) to discuss its financial results for the first quarter ended March 31, 2022. Financial results will be issued in a press release prior to the call. Dial-in details: US 877-545-0523; International 973-528-0016; Access Code: 588640. The conference call will be broadcast live and available for replay here and via the investor relations section of the company's website at investors.phunware.com. A telephonic replay of the conference call will be available after 8.00pm Eastern time on the same day through May 26, 2022. Toll-free replay number: 877-481-4010; International replay number: 919-882-2331; Replay ID: 45314
Co-Diagnostics (NASDAQ:CODX) has said it will release its first-quarter 2022 results on Thursday, May 12, 2022, after the market close. The company will also host a conference call and webcast on the same day at 4.30pm EDT to discuss its financial results with analysts and institutional investors. Management on the call will include Dwight Egan, CEO, Brian Brown, CFO, and Andrew Benson, Head of Investor Relations. The call and webcast will be available via: ir.codiagnostics.com on the Events & Webcasts page; Conference Call: 877-317-6789 (domestic) or 412-317-6789 (international). For those unable to participate during the live webcast, the call will be recorded and later made available on the company's website.
Harbor Custom Development Inc. (NASDAQ:HCDI) has said it will host a live conference call on Thursday, May 12, 2022, at 9.30am. PT (12.30pm ET) to elaborate on the first quarter 2022 financial results and the company's outlook. The public may access the conference call through a live audio webcast available at https://investors.harborcustomhomes.com/events. Harbor will be answering questions live during the webcast. For those who would like to submit written questions in advance, they may do so by emailing: ir@harborcustomdev.com. The conference call will be available by telephone at 1-877-407-0789 (for international callers, dial 1-201-689-8562), conference ID: 13729493. A replay of the conference call will be available for two weeks at 1-844-512-2921 (for international callers, dial 1-412-317-6671) using the replay PIN: 13729493. Harbor will issue its first quarter 2022 earnings presentation prior to the call on the morning of Thursday, May 12, 2022, in the Investor Relations section of the Harbor website at https://harborcustomhomes.com.
The Valens Company (TSX:VLNS, OTCQX:VLNCF) has announced that Tyler Robson, its chief executive officer and chair will participate in the AGP Spring Consumer Cannabis Conference being held on May 3, 2022. Robson is scheduled to join Aaron Gray, managing director Equity Research for AGP, in a panel to discuss "State of the Canadian Cannabis Market" on Tuesday, May 3, 2022, at 10.00am ET. Investors are encouraged to register for the event via the following registration link:https://bit.ly/38wau72
OTC Markets Group Inc. (OTCQX:OTCM), the operator of regulated markets for 12,000 US and international securities, has announced that MiniLuxe Holding Corp, a digital-first, socially-responsible lifestyle brand and talent empowerment platform for the nail and waxing industry, has qualified to trade on the OTCQX Best Market under the symbol MNLXF. Trading on the OTCQX Market 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. "We are excited by this partnership with OTC Markets Group and the opportunity to expand our reach of prospective investors to the US," said Tony Tjan, chairman and co-founder of MiniLuxe.