CleanSpark Inc has released its unaudited bitcoin mining and operations update for the calendar year-to-date ending August 31, revealing that its hashrate has tripled over the past year. In August, CleanSpark mined 395 Bitcoin, more than doubled what it mine in August 2021. For the year, the company has mined 2,642 Bitcoin to date, and its total BTC holdings as of August 31 were 526. Daily BTC mined in August reached a high of 13.39.
Todos Medical Ltd revealed that it has struck a brand ambassador agreement with Kingcarlx, an American influencer with over 7.4 million followers across all platforms for subsidiary 3CL Pharma Limited’s Tollovid 3CL protease inhibitor immune support dietary supplement brand. The famous rapper, comedian, and TikTok star has 5.8 million followers on TikTok, 1 million on Instagram and 600,000 on YouTube, according to the company. Together with Kingcarlx, the company is launching the #TolloUp marketing campaign. Kingcarlx will be focused on promoting the lifestyle aspects of the Tollovid brand focused on encouraging followers to use the supplement daily for added protection in a pandemic world. “After seeing the recent market research study on Tollovid that was published in ResearchGate, I’m very excited to be able to help Todos expand the Tollovid brand across my social media platforms,” said Kingcarlx, Tollovid’s new brand ambassador.
Wellteq Digital Health Inc said it has entered into a definitive agreement with Advanced Human Imaging Ltd (AHI), whereby AHI will acquire all of the outstanding shares of Wellteq under a plan of arrangement. Under the arrangement, Wellteq said its shareholders will receive one ordinary share of AHI for every six Wellteq shares, or 0.1667 AHI shares for every 1 Wellteq share. In connection with the agreement, AHI has also agreed to advance up to A$1,200,000 to Wellteq. The loan, in tranches not exceeding A$200,000, will be due and payable six months after the date of the first advance, and in any event, no later than January 31, 2023, and will bear an interest rate of 10% per annum. Australia-incorporated AHI has developed and patented a proprietary dimensioning technology that enables users to privately and accurately check, track, and assess their dimensions and body composition using only a smartphone.
Trees Corporation has announced that it is now provincially licensed to operate in British Columbia, having received due diligence approval from the British Columbia Liquor and Cannabis Regulation Branch. The Canadian cannabis company said it will now begin with the closing of its previously-announced acquisition of five stores on Vancouver Island pursuant to the terms of the third amended and restated asset purchase agreement between Trees and 1015712 BC Ltd (the APA). “We are excited to share this very positive news of our approval to operate in the province of British Columbia,” Trees Corporation president Jeff Holmgren said in a statement.
Maverix Metals Inc said it has acquired a portfolio of 22 royalties from Barrick Gold Corp for an upfront cash consideration of $50 million and up to $10 million in contingent consideration depending on certain events occurring. The portfolio includes royalties on development, advanced exploration and exploration stage projects located predominantly in Canada, the United States, and Australia, highlighted by a 1.0% royalty on Skeena Resources' Eskay Creek gold-silver project in the prolific Golden Triangle of British Columbia. "This transaction marks another important milestone in our continued growth at Maverix. We are pleased to add Barrick alongside Newmont, Pan American Silver, Kinross and Gold Fields, to the list of reputable counterparties from which we have acquired royalty portfolios,” Dan O'Flaherty, CEO of Maverix said in a statement.
Silverton Metals Corp said it has closed its acquisition of all the issued and outstanding shares of Wholesome Organic Limited (WOL), which owns a lithium property in Snow Lake, Manitoba. WOL is the owner of the Peny property, made up of fifteen mineral claims totalling 3,204 hectares. Under the terms of the share purchase agreement, Silverton acquired the issued and outstanding securities of WOL and issued WOL shareholders a total of 13 million common shares at a deemed price of C$0.095 each for total consideration of C$1,235,000. The consideration shares are not subject to any hold periods under applicable securities laws.
Helix BioPharma Corp has announced the appointment of Dr Gabrielle Siegers as its head of research and development based out of the company's lab in Edmonton. Dr Siegers comes to Helix from IN8bio, a US biotech company developing Gamma Delta T Cell immunotherapies for cancer, where she served as senior scientist/Gamma Delta T Cell specialist, the clinical-stage biopharmaceutical company said. "We are delighted to welcome Dr Gabrielle Siegers as a key addition to the team. We are confident that she will lead our R&D team toward success and help them to make significant breakthroughs in the field of immune oncology," Helix CEO Artur Gabor said in a statement.
Los Andes Copper Ltd has reported the closing and funding of the US$5 million convertible debenture issued to Queen's Road Capital Investment Ltd, as announced on August 25, 2022. The convertible debenture has a five-year term, carries an 8% coupon, and is convertible into common shares in the capital of Los Andes Copper at a share price of C$16.75. The interest is payable quarterly, 5% in cash and 3% in shares (at the election of Los Andes), at the 20-day volume weighted average price before the interest payment date.
Belmont Resources Inc has announced that the nominees listed in its management Information Circular for the 2022 Annual General Meeting of Shareholders (AGM) held on August 31, 2022, were elected as directors of the company. The shareholders re-elected George Sookochoff, Gary Musil, James H. Place, and Geoffrey Peretz for the upcoming year, while Larry Sookochoff did not stand for re-election. The company said it would like to thank Sookochoff for his input and assistance over the past couple of years. The scrutineer reported that there was a total of 16 shareholders holding 3,050,612 common shares represented in person or by proxy at the meeting. This represented 4.78% of the total 63,758,273 issued and outstanding at record date. Other resolutions submitted by management to shareholders for consideration were approved as presented, including the approval of the company's Stock Option Plan, approval of the re-appointment of Dale Matheson Carr-Hilton Labonte LLP, Chartered Professional Accountants, as auditors for the ensuing year, and authorized the directors to fix their remuneration (100.0% For). At the directors' meeting following the AGM; the directors appointed George Sookochoff as president/chief executive officer & chairman, and Gary Musil as corporate secretary/chief financial officer. The company also announced that it has granted 500,000 incentive stock options to consultants in accordance with its current stock option plan. Each option is exercisable into one common share of the company at a price of $0.10 per share for a period of three years from the date of grant.
OTC Markets Group Inc, the operator of regulated markets for trading 12,000 US and international securities, has announced First Berlin Bancorp, the bank holding company of Fortifi Bank headquartered in Berlin, Wisconsin, has gone public on the OTCQX Best Market and begins trading today under the symbol FTFI. The OTCQX Market serves as a more efficient and cost-effective public market for US regional and community banks through standards tailored for bank reporting. By providing price transparency and broader information distribution, OTCQX enables banks to maximize the value of being a public company. To qualify for OTCQX, community banks must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. "We are pleased to be joining the OTCQX Market and look forward to the benefits this transition provides. This will provide our shareholders with increased visibility, transparency, and liquidity, and is consistent with our focus to create long-term value for our shareholders," said Fortifi Bank CEO Greg Lundberg.