Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Archive

NA Proactive news snapshot: Emmaus Life Sciences, Nextleaf Solutions, Phunware, Todos Medical, Aurelius Minerals, Great Panther Mining, Silverton Metals UPDATE...

A glance at some of the day's highlights from the Proactive Investors US and Canada newswires

Nextech AR Solutions Corp. (CSE:NTAR, OTCQB:NEXCF) said it is now a 3D model supplier for the world's largest Prime eCommerce marketplace. Additionally, the company said it has signed 17 new 3D modeling deals in the past 45 days, continuing its rapid expansion and growth into Web 3.0 and the creation of digital twins for eCommerce. "A rapidly rising number of companies within the eCommerce ecosystem are recognizing the game changing ROI and customer satisfaction experienced by implementing 3D/AR models on their eCommerce websites,” Nextech AR CEO Evan Gappelberg said in a statement.

Emmaus Life Sciences Inc (OTCQX:EMMA), a commercial-stage biopharmaceutical company focused on the treatment of sickle cell disease, announced the recent engagement of Acorn Management Partners, LLC to provided professional relations and consulting services to build investor awareness. "Acorn is wells-suited to help us to expand our investor base through its multi-layered business outreach and professional relational services program ... as we expand our business here in the US and in the Middle East North Africa region," CEO Yutaka Niihara said in a statement.

Nextleaf Solutions Ltd (CSE:OILS, OTCQB:OILFF) has announced the launch of its new CBD 3:1 vape under its award-winning prohibition-era brand Glacial Gold which is expected to hit the British Columbia market this summer and be distributed nationally through medical cannabis distribution partners. The company said the Glacial Gold CBD 3:1 Vape was launching in a 1-gram format in its signature Berry Lemonade flavour, which the brand said was reminiscent of fresh-picked berries from the Fraser Valley. The new vape will build off the success of the Glacial Gold Session THC Vape and Anytime 1:1 Vape by offering "an additional tier of potency at the accessible price point and quality the legacy brand is known for," according to Nextleaf.

Phunware Inc (NASDAQ:PHUN) announced that its Smart Advocacy Solution (SAS) — the company’s tech-enabled politics mobile solution — will offer a social media integration with Twitter. The Smart Advocacy System was the foundation for the Trump 2020 mobile application portfolio on Apple iOS and Google Android, the company noted, providing access to the features and capabilities of Phunware’s Multiscreen-as-a-Service (MaaS) platform to help build, manage and engage voters and constituents on mobile. The integration with Twitter will enable organizations and politicians to curate content for users by selecting specific Twitter tweets to showcase in-app. Additional integrations are expected as new social platforms make third-party feature sets available, the company said.

Todos Medical Ltd announced that its majority-owned joint venture, 3CL Pharma Ltd, reported the outcome from a sponsored case study of a patient who was experiencing symptoms of Post-Acute Sequelae of COVID, or long COVID, and subsequently was likely re-infected with the SARS-CoV-2 virus and saw resolution of both pathologies following intervention with the company’s oral dietary supplement product, Tollovid. The biotechnology firm said the case study subject took 12 Tollovid capsules daily for five days, and saw her symptoms completely resolve in three to four days. Todos Medical noted the case study suggests there was underlying COVID-19 disease pathology not detected by traditional antigen and polymerase chain reaction (PCR) tests.

Aurelius Minerals Inc (TSX-V:AUL, OTCQB:AURQF) has announced that following the completion of its maiden mineral resource estimate (MRE) for the 100%-owned Aureus East gold project in Nova Scotia, it has filed a technical report. The technical report is available on the company's profile at www.sedar.com and its website at www.aureliusminerals.com.

Great Panther Mining Limited (TSX:GPR, NYSE:GPL) announced that it will carry out a share consolidation on the basis of one post-consolidation share for every ten pre-consolidation shares. The miner currently has 471,164,174 shares issued and outstanding, and upon completion, will have around 47,116,417 issued and outstanding. As is customary, all outstanding incentive stock options granted pursuant to the firm's amended and restated Omnibus incentive plan will be adjusted to increase their exercise price by a factor of 10 and to reduce the number of shares issued upon exercise by dividing by 10. Appropriate adjustments to reflect the consolidation will also be made to outstanding deferred share units, restricted share units and performance share units granted pursuant to the Omnibus incentive plan. Subject to Great Panther receiving all required approvals, including the approval of the Toronto Stock Exchange (TSX) and NYSE American, the consolidation is expected to take effect at close of business on July 21 this year. Notice of the consolidation has been provided to the TSX and NYSE American, and the shares are expected to begin trading on a post-Consolidation basis on the TSX and NYSE American on or about July 25 this year.

Silverton Metals Corp (TSX-V:SVTN, OTCQB:SVTNF) has announced new appointments to replace officials who have resigned from the company. he Vancouver-based explorer said Kyle Appleby has been appointed as chief financial officer (CFO) to replace Killian Ruby, who resigned on June 15, 2022, while Scott Margach has been appointed as a director to replace Barry Girling.

TraceSafe Inc said it has acquired Offsety - a carbon offset marketplace for individuals to reduce their carbon footprint by investing in high quality offset credits. The acquisition strengthens the company’s vision to help its Fortune 500 clients respond to the urgent call for climate action from key stakeholders including customers, investors, regulators and governments. "We are thrilled to have Offsety and Qayyum join us at TraceSafe where we are solving the biggest challenge that companies are about to face globally; proof of climate action. Carbon removal is about to become a boardroom agenda for most companies and credibility of offsets will play a central role in the decision,” Wayne Lloyd, TraceSafe CEO, said.

OTC Markets Group Inc, the operator of regulated markets for 12,000 US and international securities, has announced that Cryomass Technologies Inc, a company preparing to manufacture and operate field-mobile equipment for the handling of harvested cannabis, hemp and other high-value plant material, has qualified to trade on the OTCQX Best Market and has upgraded to OTCQX from the OTCQB Venture Market under the symbol 'CRYM'. 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. "We are pleased to reach this important milestone, as OTCQX is the highest tier of the OTC markets. Of more than 12,000 securities traded on the OTC Markets, about 650 (as of June 30, 2022) have met the requirements for trading on the OTCQX Best Market. The upgrade to the OTCQX will increase Cryomass's accessibility to U.S. investors and will allow our shareholders to trade more effectively. This also reflects our continued commitment to responsible corporate governance," said Christian Noel, the CEO of Cryomass.

Pure Gold Mining Inc (TSX-V:PGM, LSE:PUR, OTC:LRTNF) has announced the finalization of several agreements with its lending partner, a fund managed by Sprott Resource Lending (TSX:SIL) Corp., including a new debt repayment schedule to enhance its liquidity and provide financial flexibility. The gold miner also unveiled plans for a strategic review process which might involve a potential sale or merger of the company. PureGold said its operational turnaround plan is progressing and that its updated life of mine plan remains on track.

i-80 Gold Corp said it has hit multiple zones of high-grade mineralization from step-out drilling of the southern extension of the Ruby Deeps deposit at its 100%-owned Ruby Hill property in Eureka County, Nevada. The new results included 33.2 metres (m) at 19.8 grams per tonne (g/t) gold from the southernmost core hole iRH22-06 and confirmed the potential to expand high-grade mineralization within the Ruby Deeps Zone, which remains open along strike to the north and south, and to the east, the firm said.

Wishpond Technologies Ltd, a provider of marketing-focused online business solutions, said it has launched a new Website Builder product, designed to help businesses generate leads and sales. The new product enables small businesses to create high-quality, marketing-optimized websites incorporated with a full suite of marketing tools and integrated with Wishpond's complete software solution, the company said. It said the Website Builder was a “significant” product release for Wishpond as it increases customer retention, reduces churn, and increases customer satisfaction.

Real Luck Group Ltd (TSX-V:LUCK, OTCQB:LUKEF) and its subsidiary companies doing business as Luckbox will host its annual general meeting of shareholders on Thursday, August 11, 2022 at 9AM. The meeting will allow registered shareholders to listen to proceedings and registered shareholders can submit votes through the web-based platform. Registered shareholders may attend the meeting by logging into the virtual portal hosted by TSX Trust Company at https://virtual-meetings.tsxtrust.com/en/1368/; Meeting ID: 1368; Password: realluck2022.

Real Luck Group also announces its intention to issue 119,048 Class A Common Shares to Quentin Martin, the former CEO of the company. The remaining bonus shares will be issued at a deemed price of $0.42 per share and as partial and final payment of a bonus owing to Mr. Martin pursuant to a previous employment contract entered into between a subsidiary of the company and Mr. Martin in connection with marketing and fundraising for Esports Limited and services in relation to the completion of the reverse takeover of the company. Mr. Martin was previously paid shares and cash by Esports Limited in 2020 in connection with the bonus. The remaining bonus shares will be subject to contractual resale restrictions whereby 25% of the remaining bonus shares will be released on September 16, 2022 and another 25% will be released on December 16, 2022. 50% of the remaining bonus shares will not have any contractual resale restrictions upon issuance, however, all the remaining bonus shares will be subject to a four-month statutory hold period.

Planet 13 Holdings Inc (CSE:PLTH, OTCQX:PLNHF) has applauded the Nevada Cannabis Compliance Board’s decision to approve regulations on the licensing and operation of cannabis consumption lounges. The company said it intends to apply for a lounge license and expects to be successful. "Our location close to the Las Vegas strip is ideal for a cannabis consumption lounge and we look forward to converting Trece restaurant to a full-service lounge to host our visitors in a first of its kind, exciting environment characteristic of the Planet 13 experience," Bob Groesbeck, co-CEO of Planet 13 said, in a statement.

Fobi AI (TSX-V:FOBI, OTCQB:FOBIF) Inc has released a case study highlighting the success of its CheckPoint digital ticketing solution at the Oscars, an annual awards ceremony for cinematic achievements held by The Academy of Motion Picture Arts and Sciences. In partnership with Janam Technologies, a leading provider of rugged mobile computers and contactless solutions for venue access, the company said its CheckPoint system was used to create, distribute, and manage digital Wallet Pass tickets to the Oscars awards show and the Governor’s Ball that followed the show. Fobi said it rolled out new functionality and was able to provide multi-location tickets for the Oscars so that guests who were able to attend both events needed only one ticket.

Western Magnesium Corp announced that it has received 99.83% metal purity results from the first calibration process run of unrefined magnesium metal produced directly from the commercialized pilot plant, exceeding the company’s expectation of 99.80% purity. The pending producer of primary magnesium metal said the achievement further positions the company as the front-runner in the American manufacturing revolution of producing clean magnesium and bringing the production of this critical mineral back to the US.

Tartisan Nickel Corp said it has completed a Preliminary Economic Assessment (PEA) for its 100%-owned Kenbridge Nickel Project in Ontario’s Kenora Mining District. The PEA provides a “solid base case” for moving forward at Kenbridge, the company said, indicating a 9-year mine plan based on a 1,500-tonne-per-day underground mining and processing operation. Measured and indicated mineral resources represent roughly 3.5 million tonnes at 0.70% nickel, 0.35% copper and 0.01% cobalt, and inferred mineral resources represent about 1 million tonnes at 1.21% nickel, 0.56% copper and 0.01% cobalt.

Empower Clinics Inc revealed the launch of its subsidiary Medisure’s latest blood glucose monitor. The product will be available to more than 11,000 pharmacies across Canada in August, and for sale through Medisure’s website and clinic network. The new blood glucose monitor showcases a number of improvements over previous iterations, Empower said, such as requiring smaller blood sample sizes, support for alternative sites on the body for blood removal, and improved testing strips for more accurate results.

Recruiter.com Group Inc. has shared insights into the labor market and hiring trends with the release of its Recruiter Index for June 2022. According to the index, candidate sentiment fell further in June after dipping in May, while recruiter sentiment slipped to 3.2 out of 5, matching February 2022 levels. Recruiter.com noted that the decreases in both sentiments may have been the result of a slowdown in hiring, with recruiters working on an average of 16 open roles in June, against 22 open positions in May.

Victory Resources Corp (CSE:VR, OTC:VRCFF) announced that it has begun the first work program at its recently-acquired Georgia Lake Lithium Project in the Thunder Bay Mining District in Ontario. The property represents a large, under-explored land package adjacent to Rock Tech Lithium's near-term Georgia Lake Lithium deposit, the company said. "We are excited to begin our first work program at our fully-owned Georgia Lake property … (the) property is ideally situated in a proven lithium region, and one with mining infrastructure supported by the Government of Ontario and from Rock Tech, which will allow us to realize the full potential of any commercially-viable deposits within the project," Victory Resources president and CEO Mark Ireton said in a statement.

HighGold Mining Inc (TSX-V:HIGH, OTCQX:HGGOF) has announced an updated NI43-101 mineral resource estimate (MRE) for the Johnson Tract Deposit (JT Deposit) at the company’s Johnson Tract polymetallic gold project located in coastal southcentral Alaska. The Vancouver-based mineral exploration company's updated MRE is based on new diamond drilling completed in the second half of 2020 and 2021. The previous estimate was completed in the second quarter of 2020, added the firm. “We are delighted to establish a high-grade Indicated Resource of more than 1 million ounces gold equivalent at Johnson Tract,” HighGold Mining CEO Darwin Green said in a statement. “The JT Deposit stands well above the crowd for grade, thickness, and a geometry which will enable lower-cost mining. It also benefits from being close to tidewater with CIRI Alaska Native Corporation land title and strategic energy metal co-products. In concert with recent metallurgical results, this new resource provides an excellent foundation for future engineering and economic studies.”

Plurilock Security Inc announced that its wholly-owned subsidiary Aurora Systems Consulting Inc had received purchase orders totaling US$2.5 million from several organizations last month. Many of the orders received continue to be part of the National Aeronautics and Space Administration's (NASA) Solution for Enterprise-Wide Procurement (SEWP) program, a US Government-Wide Acquisition Contract Vehicle (GWAC), and aligned with Plurilock's goal of expanding within the government and defense verticals, the company said. It added that Plurilock and its subsidiaries have won a combined total of about US$11.2 million in sales, including the latest orders, since the beginning of this year.

Bridgeline Digital Inc (NASDAQ:BLIN) announced that its natural language processing and artificial intelligence search tool, Celebros, has been chosen by PharmaDirect to power its on-site search. The cloud-based marketing technology software provider said with hundreds of keyword-specific products, PharmaDirect chose Celebros software to effectively assess the performance of its online search functionality, generating revenue with indexed product data and relevant search recommendations.

Clean Seed Capital Group Ltd (TSX-V:CSX) welcomed some high-profile global visitors to its operations facilities in Saskatoon, Saskatchewan. The Canadian agricultural technology company hosted the Honourable JP Dalal, agriculture minister of Haryana, India, following the introduction and initial demonstrations of the company's SMART Seeder technology, MINI-MAX, at Chandigarh University in India with the Clean Seed team. Minister Dalal and his delegation are in Saskatchewan as part of a larger mandate focused on agricultural innovation and technology that can dramatically benefit the farmers of Haryana.

Deepspatial Inc announced that it had secured a purchase order with a large global frozen-food conglomerate with headquarters in North America. Toronto-based Deepspatial will provide the frozen-food organization with its Geospatial Artificial Intelligence (Geo-AI) Platform to plan, optimize, and govern the client's distribution network while enhancing its decision-making capability for market expansion. CEO Rahul Kushwah said in a statement that the company is confident of making a significant impact in the frozen-food industry, by addressing the needs of one of the largest players in the segment.

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK