Trust Stamp Inc announced that Josh Allen, EVP of Corporate Finance for Trust Stamp and CEO of Trust Stamp Malta Limited and Trust Stamp Rwanda, has been invited to present at the “Spring Into Action - Best Ideas Investor Conference,” which is being held virtually on May 16-20, 2022. Allen is scheduled to present on May 17, 2022, at 10.30am ET. The presentation will be webcast live and available for replay at https://www.webcaster4.com/Webcast/Page/2882/45614. Allen will also be available for one-on-one meetings with investors throughout the conference. To schedule a one-on-one meeting, investors can email angie.wright@issuerdirect.com and register for the conference here.
The Greenrose Holding Company Inc announced that it will hold a conference call on Monday, May 16, 2022, at 5:30 PM EDT to discuss its results for the first quarter ended March 31, 2022. The company said it will provide its financial results in a press release before the conference call. Greenrose added that its management will host the conference call, followed by a question and answer session. Toll-free dial-in number: 1-855-716-0858; International dial-in number: 1-516-575-8860; Conference ID: 8656495. Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact Gateway Group at (949) 574-3860. The conference call will be broadcast live here and available for replay via the webcast link on the same day through May 16, 2023: https://edge.media-server.com/mmc/p/hoc5kbp2
Universal Ibogaine Inc announced that its co-founder Dr Alberto Sola will present at the May 27 to 29, 2022, event: From Research to Reality: Global Summit on Psychedelic Assisted Therapies and Medicine which will be held in Toronto, Canada from May 27 to 29, 2022. The Research to Reality event is presented by the Mental Health Commission of Canada, the Center for Addiction and Mental Health and the Canadian Center on Substance Abuse and Addiction. The event will be attended by researchers, clinicians' policy makers including representatives from Health Canada the FDA and the Mexico Ministry of Health. Sola will present his latest findings in a panel titled "Ibogaine Hydrochloride and Acute Opioid Detox,” which will take place on Saturday May 28 at 4.15pm EST. UI CEO Nick Karos noted: "The importance of this event cannot be overstated. This is the first event of its kind to bring together academic researchers, real world technicians and government policy makers. We believe this event will be an important catalyst for the industry and a significant milestone for our company. This event will create awareness at the highest levels of the incredible potential of ibogaine."
AMPD Ventures Inc has granted 700,000 incentive stock options to certain employees, officers, directors or consultants pursuant to the company's stock option plan. The options have an exercise price of $0.12 per share. A total of 700,000 of the options are exercisable for a period of five years, unless terminated pursuant to the terms of the stock option plan. A total of 700,000 of the options will vest in 12 equal quarterly instalments, with the first instalment vesting on the date of grant.
Quebec Nickel Corp will be present at Booth #911 at the Vancouver Resource Investment Conference (VRIC) to be held at the Vancouver Convention Centre West on May 17 to May 18, 2022. Former Prime Minister of Canada Stephen Harper and Former President of Mexico Felipe Calderon are two of the marquee speakers at the 2022 Resource Investment Conference. The Vancouver Resource Investment Conference (VRIC) will host over 100 international keynote speakers covering the hottest topics in finance, economics and geopolitics on May 17 and 18, 2022. For more information and/or to register for the conference please visit: https://cambridgehouse.com/vancouver-resource-investment-conference.
Outlook Therapeutics Inc ended its fiscal second quarter with $58.4 million in cash – enough to launch its lead drug ONS-5010 without raising significant additional capital, it said. ONS-5010, which will be sold under the brand name Lytenava, is an investigational ophthalmic formulation of bevacizumab under development to be administered as an intravitreal injection for the treatment of wet age-related macular degeneration (AMD) and other retinal diseases. A key highlight for New Jersey-based Outlook during the three-month period ended March 31, 2022, was the successful submission of a Biologics License Application (BLA) to the US Food and Drug Administration for ONS-5010.
Delta 9 Cannabis Inc said it expects to announce revenue of between $12.4 million and $12.6 million for the three months ended March 31, 2022, compared to $13.2 million in the year-ago period when it reports its first quarter results before the market opens on Monday. However, the revenue estimates are preliminary and subject to the completion of Delta 9’s financial closing procedures, the company said, noting that the actual results could differ materially.
Vuzix Corporation has announced that its M400 smart glasses have received ISO class 2 certification to run in clean room environments. The company said the certification meant the M400 only emits a maximum of 8 particles of size 0.1 µm and 3 particles of size 0.2 µm in one minute per cubic foot of air. It will allow the smart glasses to be used within clean room environments typically used by firms in industries such as electronics, pharmaceuticals, medical devices, optics, solar, and aerospace and defense.
Leede Jones Gable analysts have maintained a 'Buy' rating on CareRx Corporation following the release of the company’s first-quarter 2022 financial results, saying the company sustains the generation of positive earnings before interest, taxes, depreciation, and amortization (EBITDA) despite some sequential softness. Analysts at Stifel GMP, meanwhile, noted that CareRx’s 1Q was good and in-line, but the company’s surprise customer loss overshadowed the results. Stifel GMP analysts have a ‘Buy’ rating on CareRx stock with a target price of $7.50 per share.
Murchison Minerals Ltd announced that it has added Jacqueline Leroux, Troy Boisjoli (president & CEO of Murchison), and Cory Belyk to its board of directors following its recent annual general meeting (AGM) of shareholders. The number of eligible shares at the 2022 AGM was 169,941,335, of which a total of 81,697,511 were voted, representing 48.07% of the total issued and outstanding at the record date. All existing directors were re-elected to the company's board namely Jean-Charles Potvin (executive chairman), Donald K. Johnson, David Pyper and Denis C. Arsenault. The company stock option plan was re-approved by the shareholders, receiving the support of 99.22% of the total votes cast, while the re-appointment of the auditor McGovern Hurley LLP received the support of 100% of total votes cast.
Bridgeline Digital Inc saw its second-quarter revenue rise by 43% to $4.1 million as the software company signed up more customers during the three months than in any other quarter in its history. The company said its cross-sale strategy remained strong during the quarter, enabling it to close 33 license sales comprising nine license sales to existing customers and 24 newly won customers. "Bridgeline had a strong quarter with the release of TruPresence, our eCommerce360 dashboard, and we won more customers this quarter than any quarter in our history," said Bridgeline president and CEO Ari Kahn in a statement.
Predictive Oncology Inc saw its consolidated revenue for the first quarter ended March 31, 2022, rise to $314,568, up from the $280,317 it recorded in the corresponding quarter of 2021, which it believes points to "solid potential for growth in the upcoming period." The increase was driven by a 6% gain in the Skyline segment (STREAMWAY System product sales) and initial revenue from the zPREDICTA segment, the company said, adding that the zPREDICTA segment has an encouraging sales pipeline, including additional revenue from current transactions that are expected to be recognized in the next several quarters. "We are extremely excited that our technology provides a significant competitive advantage to our business offerings. Our CRO services business applies PeDAL to address a range of needs from discovery through clinical and translational research, to clinical trials and diagnostic development and validation,” J. Melville Engle, the company's chairman and chief executive officer said in a statement.
ElectraMeccanica Vehicles Corp has said its revenue in the first quarter ended March 31, 2022, jumped by over 400% from the year-ago period to $1.05 million. The company manufactured 170 units of its flagship SOLO purpose-built, single-seat electric vehicle during the period, delivering a total of 45 despite strong logistical headwinds. The company said it maintains $215 million of working capital and that its Mesa, Arizona assembly plant remains on track to come online by year-end 2022.
Emmaus Life Sciences Inc co-founder and CEO Dr Yutaka Niihara has told investors that the commercial-stage biopharmaceutical company successfully expanded market and patient access to sickle cell treatment Endari during the first quarter. "Immediately after the United Arab Emirates, granted full marketing authorization in March, we received a significant order from one of our distributors in the country and expect to see a continuing flow of orders going forward,” Dr Niihara said in an earnings statement. “Additionally, the launch of our unique, full-service telehealth solution in April is expected to make a meaningful impact, as it gives both patients and providers on-line access to Endari, allowing for same-day physician authorization and at-home delivery,” he added.
Guardforce AI Co Limited has announced that its subsidiary Handshake Networking Limited has developed an automated marine scanning service designed to address key security vulnerabilities in the maritime transportation industry. Subsequently, the company has launched the Software-as-a-Service (SaaS) offering with one of the world's leading operators of global container vessels based in Hong Kong. "We are pleased to announce the launch of our automated marine scanning platform with one of the premier operators of global container vessels,” Guardforce AI chairman Terence Yap said in a statement.
Great Panther Mining Limited has told investors it expects to see improving results as 2022 progresses as the company works to improve gold production at its Tucano mine in Brazil. Reporting first-quarter results to end-March this year, the precious metals miner noted that stripping at Tucano in the period had advanced at the TAP AB, TAP C and Urucum North (URN) pits despite higher than average rainfall levels. Combined with the expected lower gold output in the quarter, this had resulted in higher costs than in Q1, 2021 but this is expected to "normalize" in the second half, said the firm, which added that additional pushback at the UCS pit had also been postponed. "First quarter 2022 results were in line with expectations and good progress was made on numerous fronts as we build back steady-state production at Tucano," Alan Hair, the interim CEO of Great Panther, said in a statement.
MySize Inc, the company developing AI-driven measurement solutions for retailers, reported surging first-quarter revenue in results released Friday, thanks in large part to a February acquisition. For the three months ended March 31, the company posted revenue of $404,000, a 1,400% increase year-over-year from $27,000. Gross profit was $153,000, a 467% increase, while net loss was $2.1 million, $0.9 per share, compared to $1.4 million, $0.16 per share, in the same period of 2021. The company’s cash balance as of March 31 was $7.8 million.
Willow Biosciences Inc said it ended the first quarter in a strong financial position with $26.4 million in cash and cash equivalents on hand as the company readies itself to leverage on the upcoming biorevolution. Willow CEO Trevor Peters noted that the broader market is facing challenging times but said Willow had a strong balance street and a world-class research and development team to capture value for shareholders. “The first quarter this year saw us make progress on the safety and effectiveness of Willow’s FutureGrown CBG as a key new ingredient for skincare,” Peters said in a statement accompanying the company’s 1Q results.
Irwin Naturals Inc said it has entered into a license and supply agreement with New Mexico-based manufacturer and distributor of cannabis products, Assurance Laboratories, LLC for its Irwin Naturals brand. Through the agreement, Assurance will license the Irwin Naturals brand, and will produce and distribute Irwin Naturals' famous formulas such as Power to Sleep, augmented with THC, the company said. "This is our second licensing deal in less than a month. With this new partnership in a second state, we are executing towards our objective of having Irwin Naturals branded THC products on dispensary shelves in most of the country's 38 legal states,” Irwin CEO Klee Irwin said in a statement.
TomaGold Corp revealed that it has retained the services of Abitibi Geophysics of Val-d'Or to conduct an induced polarization (IP) survey over the southern portion of its Obalski property, located 2 kilometers (km) south of Chibougamau, in Quebec. In preparation for the survey, the Montreal-based junior exploration company has cut an additional 9 km of lines covering the southern portion of the property. In December 2021, Abitibi Geophysics conducted an IP survey and produced a preliminary report that showed the presence of “large geophysical anomalies” to the west and south of the Obalski deposit, right at the edge of the survey grid, noted the company.
Harvest One Cannabis Inc said it has entered into a supply agreement with Canopy Growth Corporation, strengthening its position in the cannabis-infused product market. Through the agreement, Harvest One can sell its LivRelief Infused topical creams on the online medical store of Canopy's subsidiary, Spectrum Therapeutics, through an extension of its licensing agreement with Valens Agritech Ltd, a wholly-owned subsidiary of The Valens Company "We are very pleased to work with Canopy Growth via our licensing agreement with Valens to distribute Harvest One's LivRelief Infused brand of topical creams in Spectrum Therapeutics' online store," Gord Davey, president and CEO of Harvest One said in a statement.
Trust Stamp Inc announced that its first-quarter 2022 net revenue surged 430% to a record $2.82 million, which the company attributed primarily to revenue contracts executed by newly-acquired and existing customers. The creator of proprietary artificial intelligence solutions also saw its operating loss for the period narrow by $295,000 to $1.64 million, mainly due to growth in net revenue, which outpaced the growth in operating costs by a factor of 5.3. The company noted that its 1Q net loss narrowed by 17% to $1.69 million, or $0.07 per share, while its gross profit margin increased to 75.4% from 51.6% during the same period last year.
Maverix Metals Inc said it is on track to meet its 2022 guidance after delivering first quarter results showing a quarter-over-quarter revenue improvement. The royalty firm posted total revenue of US$14.7 million in the quarter ended March 31, 2022, versus $13.1 million in the same year-ago quarter. The revenue bump was thanks to an increase in the number of gold equivalent ounces (GEOs) sold during the quarter at 7,738 compared to 7,302 at the same time last year.
In a separate statement, Maverix Metals also announced the voting results of its Annual General Meeting held on May 12, 2022. It said Maverix shareholders voted in favour of all resolutions presented at the meeting, including the election of the company's nine director nominees. Shareholders also voted in favour of the appointment of KPMG LLP as the auditor of the company.
Medallion Resources Ltd has revealed plans to carry out a share consolidation, which will mean it can dual list its shares on Toronto's venture exchange along with the Nasdaq Capital Market (NasdaqCM) once it has uplisted on the latter. The company said it will put forward an additional resolution as additional business at its upcoming annual general and special meeting of shareholders on May 27. As reported last month, Medallion wants to position itself as a tech leader in the clean energy sector with a strengthened executive leadership team, listing on NasdaqCM, and rebranding as Medallion Innovations Corp. "Current and prospective shareholders have reacted positively to our new strategy focused on the supply of materials and technologies for the energy transition and up-listing to Nasdaq," said Medallion president and CEO Mark Saxon.
Sanatana Resources Inc said it has closed the first tranche of its non-brokered private placement for gross aggregate proceeds of approximately $2,065,000. The first tranche consisted of 13,766,667 units of the company at a price of $0.15 per unit. The company said that proceeds of the private placement will be used to fund the upcoming drilling and exploration of the Oweegee Dome project and for general working capital. In a statement, Peter Miles, the company's CEO commented: "With the close of the first tranche of this financing, Sanatana will have in excess of $4,000,000 on hand and expects to begin its 2022 exploration program June 1st with drilling commencing around July 1st. All aspects of the exploration program are in place including over 20 staff, camp facilities, drill and geophysical contractors and helicopter support. We look forward to commencing exploration shortly".
AEX Gold Inc is to seek shareholder permission to change its name to Amaroq Minerals Ltd. Management believes that the time is appropriate to re-brand the company as its mineral licences now extend beyond gold. "Amaroq" means "Arctic Wolf' in Greenlandic, so the name also reflects the company’s connections with the world’s largest island. Shareholders will get to vote on the name change and other matters on Thursday, 16 June at 10.00am (Toronto time).
Sonoro Gold Corp has announced that, due to current capital market conditions, it has decided to withdraw its previously proposed non-brokered private placement offering of up to 17,000,000 units at a price of C$0.18 per unit announced on April 25, 2022. The company said it will continue to monitor market conditions to determine a more favourable time to seek additional financing.
Plant-Based Investment Corp (PBIC) has announced that, further to its press release of May 6, 2022, the company has acquired 100% of the issued and outstanding shares of CGOC Management Corp under a share purchase agreement (SPA) with Four Eleven Technical Services Inc., Grayfor 2017 Trust, and 2017 Blundell Family Trust. CGOC Management Corp provides management services to the company under a management agreement dated January 16, 2018. According to the terms of the SPA, PBIC acquired the outstanding shares of Management Corp from the vendors for an aggregate purchase price of C$1,400,000. The purchase price was satisfied through the sale, transfer and assignment to the vendors by the company of an aggregate of 31,650,000 common shares in the capital of Grown Rogue International Inc (GRIN).
Dore Copper Mining Corp said it has granted 765,000 stock options to management, consultants and advisors. The stock options have an exercise price of $0.59 per share and a term of five years. The company has also granted an aggregate total of 150,000 deferred share units (DSU's) to the independent directors of the company. The DSUs are payable in common shares of the company upon the holder ceasing to be a director of the company. Both issuances were done in accordance with the company's omnibus share incentive plan.
Pure Gold Mining Inc has announced that its lending partner, Sprott Private Resource Lending II (Collector) LP has agreed to extend the period wherein it will waive any existing defaults under its Credit Agreement, Stream Purchase Agreement, and Production Payment Agreement with the company from May 15, 2022, to May 23, 2022.
MedX Health Corp said that, in connection with the private placement originally announced on March 1, 2022, the first closing of $1 million of the financing announced on March 22, 2022, and the extension of price protection announced on April 13, 2022, it has applied to the TSX Venture Exchange for a further, and final extension of 30 days price protection in order to complete subscriptions for up to a further $3 million. Closing of further subscriptions under the placement will be subject to receipt of subscriptions and a number of other conditions, including without limitation the receipt of all relevant regulatory and Stock Exchange approvals or acceptances. The Financing is a non-brokered private placement to accredited investors of up to $4 million by the issuance of up to 80 Convertible Loan Notes, each with a face value of $50,000 which will bear interest at 8% per year, payable Half-yearly, and will mature on December 31, 2026.
Logiq Inc has announced that it will hold a conference call on Monday, May 16, 2022, at 4.30pm Eastern time to discuss its first quarter 2022 results ended March 31, 2022. The company will announce its financial results in a press release earlier on May 16. Logiq management will host the call and discuss the company's financial results and strategic initiatives to drive revenue growth and profitability in 2022, followed by a question-and-answer session. Dial-in details: Toll-free number: 1-800-926-5068; International number: 1-212-231-2935; Webcast URL https://viavid.webcasts.com/starthere.jsp?ei=1549918&tp_key=241e84c64c. Thirty minutes after the call, the event will be archived and ready for replay via the Investors section of the Logiq website at www.logiq.com/ir. Toll Free replay number: 1-844-512-2921 International replay number: 1-412-317-6671 Replay ID: 22018903 Expiration: Monday May 30, 2022, 11.59pm ET.
Mobilum Technologies Inc has announced that Wojtek Kaszycki, its founder, will present live at VirtualInvestorConferences.com on May 19, 2022, at 12.00pm ET via the following link: https://bit.ly/3rVNKEK. This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event. Investors can learn more about the event at www.virtualinvestorconferences.com.
BANXA Holdings Inc has announced that Domenic Carosa, its founder and chairman will present in the following upcoming industry and investor conferences - Sequire Fintech Conference May 19, 2022: The conference will be held virtually. Interested parties can view the presentation at https://microcaps.com/; H.C. Wainwright Global Investment Conference May 23-26, 2022: Carosa will present and participate in one-on-one meetings with investors throughout the event which will be held in-person at the Fontainebleau Miami Beach Hotel, Florida, and virtually, interested parties should register at https://hcwevents.com/globalconference/#toggle-id-4-closed; and LD Micro Invitational June 7-9, 2022: Carosa will present and participate in one-on-one meetings with investors throughout the event which will be held in-person at the Four Seasons hotel in Westlake Village, California and virtually. Interested parties should register via https://ldinv12.mysequire.com/. The company's latest investor presentation can be found here: https://www.dropbox.com/sh/mepp56dn8tlfptk/AAAa2MGeLT6UqD6y_yaAeodHa?dl=0
PyroGenesis Canada Inc has announced that Steve McCormick, its VP Corporate Affairs has been invited to present at the Spring Into Action - Best Ideas Investor Conference, which is being held virtually May 16-20, 2022. McCormick is scheduled to present on Wednesday, May 18, 2022, at 2.00pm ET. The presentation will be webcast live and available for replay at https://www.webcaster4.com/Webcast/Page/2882/45594. McCormick will also be available for one-on-one meetings with qualified investors throughout the conference. To receive additional information, request an invitation or to schedule a one-on-one meeting, investors can email angie.wright@issuerdirect.com. Investors can register for the conference here: https://microcaprodeo.com/signup
PyroGenesis Canada Inc has said it plans to host a conference call at 10.00am Eastern Time on Tuesday, May 17, 2022, to discuss the company’s financial results for the first quarter 2022 which ended March 31, 2022, as well as the company’s corporate progress and other developments. The conference call will be available via telephone by dialing toll-free 877-800-3460 for U.S./Canada callers or for international callers +1 615-622-8042 and by entering access code: 7534928. A webcast of the call may be accessed at https://edge.media-server.com/mmc/p/ww6uachq or on the company’s Investor Relations section of the website here: https://www.pyrogenesis.com/investors/
OTC Markets Group Inc, the operator of regulated markets for 12,000 US and international securities, today announced Guerrilla RF Inc, a fabless semiconductor company based in Greensboro, North Carolina, has qualified to trade on the OTCQX Best Market and has today upgraded from the Pink market under the symbol GUER. The OTCQX Market provides investors with a premium US public market to research and trade the shares of investor-focused companies. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among US investors. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Ryan Pratt of Guerrilla RF commented: "Guerrilla RF is proud to have met the stringent requirements of OTC Markets' premier OTCQX tier. We anticipate this qualification will provide the Company greater visibility and exposure to a larger investing community; providing the company with better access to capital markets."