Unrivaled Brands Inc (OTCQX:UNRV) has found its interim chief financial officer in seasoned cannabis and financial services executive Patty Chan, the company announced, effective Monday. Chan brings more than 14 years of accounting, financial reporting, compliance and operational experience across the cannabis, real estate, and financial services industries, the company said. She previously served as CFO of Upexi Inc (formerly Grove Inc), a manufacturing, distribution, wholesale and retail company in the CBD industry. The addition of Chan is a significant move for interim CEO Sabas Carrillo, who was appointed on August 12.
Quantum eMotion Corp (TSX-V:QNC, OTCQB:QNCCF) has announced its participation at the H.C. Wainwright 24th Annual Global Investment Conference in be held in New York September 12-14, 2022. The company's live streaming presentation will be available on Tuesday, September 13, 2022, at 12:30 PM ET for conference participants. Quantum eMotion invites all interested parties to view the presentation by visiting our website at: www.quantumemotion.com.
Broker Stonegate Capital Partners is encouraged by Steppe Gold Limited (TSX:STGO, OTCQX:STPGF)’s commercial progress at its Altan Tsaagan Ovoo (ATO) gold project in Mongolia and has set a stock valuation target range of C$2.00 to C$3.75 per share with a mid-point of C$3.00. Stonegate noted that Steppe Gold’s flagship project ATO is fully constructed and began producing gold and silver in the spring of 2020. In 2021, the ATO mine produced 12,012 ounces and sold 12,899 gold ounces, and 29,705 silver ounces for revenue of US$24.1 million. For 2022, the company is projecting about 40,000 to 50,000 ounces of gold recovery driven by stacked ore and additional production. The company is currently ramping production with 1Q 2022 production of 2,385 ounces followed by 2Q 2022 production of 10,329 ounces, according to the Stonegate report.
First Mining Gold Corp has hailed the publication of an NI 43-101 updated resource for its Duparquet gold property in the Abitibi in Quebec, which pegs it as one of the top four undeveloped gold projects in the Canadian province. The new report comes from the master database of drill data, which contains 904 holes for 270,119 metres (m) and 173,831 sampled intervals. It includes 57 holes for 9,548m, which were not included in the previous 2013 estimate. With these holes included, the resource increases to 3.4 million ounces (Moz) in the measured and indicated (M&I) category, an increase of 327,000 ounces, and to 1.6 Moz in the inferred, an increase of 193,000 ounces.
Co-Diagnostics, Inc, a molecular diagnostics company with a unique, patented platform for the development of molecular diagnostic tests, announced today that it will be presenting at the H.C. Wainwright & Co. 24th Annual Global Investment Conference, being held virtually and in-person on September 12-14 in New York City, New York. CEO Dwight Egan will be conducting a presentation discussing recent and expected Company progress along with its forthcoming Co-Dx PCR Home Diagnostic Platform. The presentation can be accessed by clicking here.
Doré Copper Mining Corp has announced plans to begin drilling at Joe Mann gold mine and at the Doré Ramp gold-copper deposit in the fourth quarter. At the Joe Man project in Quebec, the company said its drilling plan for the Fall is to extend the plunge of a mineralized shoot in the Main Zone at depths between 1,100 and 1,300 metres (m). The former Joe Mann gold mine is one of the three projects feeding into the company’s Copper Rand mill in its hub-and-spoke operation model, with the current resource at the property standing at 680,000 tonnes averaging 6.78 grams per tonne of gold (g/t) and 0.24% copper (or 133,000 ounces) in the inferred category.
Todos Medical Ltd said it has signed an amendment to its agreement with its 3CL protease biology theranostics partner NLC Pharma Ltd, with the latter assigning ownership of all relevant intellectual property (IP) to majority-owned joint venture 3CL Pharma Ltd. The assignment includes the patent applications for dual mechanism (3CL protease inhibitor and CCR5 antagonist) phase two therapeutic drug candidate Tollovir, commercial-stage 3CL protease inhibitor immune support supplement Tollovid, and 3CL protease biomarker test TolloTest for SARS-CoV-2 infectivity monitoring and PASC/Long COVID viral persistence assessment (the IP). According to Todos, 3CL Pharma will prepare to launch a crowdfunding campaign to fund an Emergency Use Authorization (EUA) submission to the US Federal Drug Administration (FDA) for Tollovir in the treatment of hospitalized, severe to critical COVID-19 patients, the clinical development of Tollovir, Tollovid and TolloTest in Long COVID, as well as a national marketing campaign for Tollovid to support US sales.
Electric Royalties Ltd (TSX-V:ELEC, OTC:ELECF) announced that Voyager Metals Inc (TSX-V:VONE, OTC:VDMRF) has filed a Preliminary Economic Assessment (PEA) for the Mont Sorcier iron and vanadium project in Quebec. The royalty company said highlights included an after-tax net present value (NPV), using an 8% discount rate, of US$1.6 billion, an internal rate of return (IRR) of 43%, as well as annual average earnings before interest, taxes, depreciation and amortization (EBITDA) of US$348 million and average annual free cash flow of US$235 million over the life of mine (LOM).
Transition Metals Corp (TSX-V:XTM) has reported impressive channel sampling results from summer field work on its Maude Lake property near Schreiber, Ontario. The Sudbury, Ontario-based multi-commodity project generator said it will be shortly mobilizing a diamond drill to site to test a major conductivity feature measuring 300 by 500 meters (m) that is associated with the potential extension of the high tenor surface mineralization. A total of 13 channel samples were taken over a strike length of 45m on the main surface mineralized area. Assay results from the 2022 channel sampling completed over the new exposure returned broad intervals of elevated nickel, copper, cobalt and platinum group elements (PGM).
Altaley Mining Corporation (TSX-V:ATLY) has announced that it has appointed Mike Struthers as its new CEO and director. The company said Struthers was a seasoned professional and chartered engineer with more than 40 years of international mining experience. His experience includes project management in feasibility and engineering studies, project development, technical reviews, financial evaluations, strategic planning, mine expansions, construction management, and project due diligence over a wide range of commodities and jurisdictions including base metals, gold, and diamonds, in jurisdictions including Africa, Australia, North America, South America, Europe and Russia, according to Altaley.
Pure Gold Mining Inc (TSX-V:PGM, LSE:PUR, OTC:LRTNF) has reaffirmed third quarter 2022 guidance and announced that gold production in August 2022 set a new monthly record for the PureGold Mine, driven by record ore throughput and improved grades. The company said both the August ore throughput of 25,188 tonnes or 813 tonnes per day (tpd) and gold production of 4,595 ounces represent monthly records for the mine to date. Ore throughput of 24,052 tonnes in July was also a monthly record until being broken in August, it added. The increase in average ore throughput in the third quarter to date of 794 tpd compared to the second quarter average of 500 tpd has been driven primarily by improved short-range planning processes, improved mining execution, and increased mill availability, it added.
Thesis Gold Inc (TSX-V:TAU) has announced the first assay results from the 2022 Summer drill program at the Bonanza Zone and a general exploration update for the Ranch Gold Project, located in the Golden Horseshoe of north-central British Columbia, Canada. In a statement, Ewan Webster, Thesis Gold president, and CEO commented: "We are extremely pleased with these initial step-out drilling results at Bonanza, it certainly demonstrates the significant growth potential that remains. What we are beginning to confirm is that these are not isolated zones of mineralization but part of larger-scale, fault-controlled, series of mineralized domains with significant strike extent. Visual alteration and mineralization from the additional pending holes at Bonanza and Ridge are inline with exactly what we were hoping to see. Drilling is still ongoing at a number of zones across the project, and we look forward to sharing those results as they become available."
New Pacific Metals (TSX:NUAG, NYSE:NEWP) Corp has announced encouraging assay results for the first drill hole from the Discovery Drill Program at the Silverstrike Project in Bolivia. The company said the drill hole intersected broad gold mineralization starting near surface. The drill program commenced in June 2022 and to date, 2,030 metres (m) have been drilled in seven diamond drill holes. Assay results of the remaining six holes are pending. New Pacific noted that Drill hole DSSk0001 intersected a broader interval of 195.05m - from 10.22m to 205.27m - grading 0.96 grams per tonne (g/t) gold (Au) and 6 g/t silver (Ag), including an interval of 111.39m - from 12.61m to 124.00m - grading 1.54 g/t Au and 8 g/t Ag, and a higher grade near-surface sub-interval of 36.06m - from 12.61m to 48.67m - grading 3.97 g/t Au and 20 g/t Ag.
Usha Resources Ltd (TSX-V:USHA) said it has received a letter of approval under a Notice of Intent (NOI) from the United States Bureau of Land Management (BLM) for its near-term drill program at the Jackpot Lake Lithium Brine Project. The NOI covers a six-hole, 2,700-metre program with a maximum depth of approximately 600 metres (m) and focuses on the most prospective lithium brine targets as defined by geophysical work, in addition to drill road access and site preparation, the Vancouver-based explorer said. “USHA is very excited to have begun our journey at Jackpot Lake and capitalize on our geographical advantage on US soil,” Usha Resources CEO Deepak Varshney said in a statement.
GR Silver Mining (TSX-V:GRSL) Ltd said it has uncovered more broad zones of mineralization at its Plomosas project in Sinaloa, Mexico, including high-grade gold and silver which puts the company firmly on track to deliver an updated mineral resource in the first quarter of next year. The company said it has drilled 96 holes for a total of 4,946 metres (m) in the Plomosas Mine Area since the NI 43-101 mineral resource estimate (MRE) was revealed in 2021, and it expects to complete an additional 4,200m by year-end. "Our targeted infill drill program at the Plomosas Mine Area is now over 50% complete with the remainder fully funded. We remain on track to provide an updated mineral resource estimate in Q1 2023,” GR Silver Mining (TSX-V:GRSL) chairman and CEO Eric Zaunscherb said in a statement.
QC Copper and Gold Inc has updated investors on the progress of the new resource for its Opemiska copper project in Quebec - an asset, which it says, could be the "most compelling high-grade open pit copper-gold deposit in Canada". The report is now expected to be published in early 2023 as opposed to late 2022, which had been earmarked before. This is due to delays around turnaround times from the lab, noted QC Copper. The company reminded investors that it has now reinterpreted Opemiska's geological model, such that it now views the project as having mineralized envelopes rather than veins and 'halos'.
Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF) has announced results from initial drilling at the newly discovered Sambara Prospect and continued drilling at the Makosa gold deposit at its Douta Gold Project in Senegal. "We are pleased to report a successful initial drilling campaign on the Sambara prospect. Significantly, this has established that gold mineralisation is developed in the northern parts of our exploration permit. We look forward to advancing exploration on this discovery which we hope will supplement the Makosa resource,” Segun Lawson, Thor president & CEO, said in a statement. "In addition, the first batch of samples from the Makosa upgrade drilling program have produced very positive results that suggest that the resource may extend at depth. We are looking forward to receiving further results from our drilling program which will continue over the next six weeks," he added.
enCore Energy Corp. has announced that it will consolidate its common shares on a one-post-consolidation-share-for-every-three-current-shares basis in connection with its application to list on the Nasdaq Stock Market. The common shares will trade on the TSX Venture Exchange on a post-consolidated basis starting from the market open on September 14, 2022. "The decision to list on the Nasdaq will provide enCore with greater visibility through a leading capital market trading platform that is suited for growth-oriented companies like enCore,” said enCore's executive chairman William M. Sheriff in a statement.
Goldshore Resources Inc (TSX-V:GSHR, OTCQB:GSHRF) has announced assay results from eight holes drilled to test gold mineralization at the East Coldstream deposit at its Moss Lake project in northwest Ontario, which included 7.9 metres (m) of 4.2 grams per tonne (g/t) gold from 465m and 25.7m of 2.1 g/t gold from 488m. The emerging junior gold development company said the results, drilled to better define the gold mineralization of the East Coldstream deposit, have confirmed three broad lenses of gold mineralization within the two main shear zones.
Braxia Scientific Corp said it has successfully launched KetaMD in the US state of Florida, adding new patients and completing initial ketamine treatments. Eligible patients, as determined by one of KetaMD's licensed Florida healthcare practitioners, received medically supervised treatments, guided virtually by registered nurses with mental health expertise, while in the comfort of their homes, according to Braxia. KetaMD Inc, a wholly owned subsidiary of Braxia Scientific, is a telemedicine platform that provides access to safe and affordable at-home ketamine treatments for people suffering from mental health disorders such as depression, bipolar disorder, anxiety and post-traumatic stress disorder.
G Mining Ventures Corp (TSX-V:GMIN, OTCQX:GMINF) has revealed that the company’s board has made a formal decision to proceed with the construction of its flagship Tocantinzinho Gold project (TZ) in the mining friendly Brazilian state of Pará. The company also provided a sweeping project development update. In a statement, G Mining CEO Louis-Pierre Gignac said: "GMIN was reorganized in October 2020 with the objective of building the next intermediate gold producer. In less than two years, the management team acquired a great project in TZ, released an updated Feasibility Study in February 2022, and completed a $481 million comprehensive financing package in a turbulent and volatile capital markets environment.”
HighGold Mining Inc (TSX-V:HIGH, OTCQX:HGGOF) has announced the first drill results of the 2022 field season from the Difficult Creek Prospect at its Johnson Tract (JT) project in Alaska, which included 21.7 grams per tonne (g/t) gold over 11.9 meters (m), as well as 54.2 g/t gold, 71 g/t silver, 1.3% copper, and 8.3% zinc over 3.9m. The mineral exploration company said new drilling in 2022 has been completed along strike to the east, west and down-dip from hole DC22-010 in fans of short, shallow step-out holes.
Aurion Resources (TSX-V:AU) Ltd has announced results for the first three holes from its summer-fall 2022 drilling program at the Helmi Discovery in northern Finland. The program is part of the company’s joint venture with B2Gold Corp, which operates the program in Finland’s Central Lapland Greenstone Belt. Approximately 11,000 meters (m) of drilling have been planned for the second half of 2022. New gold intercepts at the Helmi Discovery include 0.82 grams per ton (g/t) gold over 108.1 m from 286.30 m, including 1.55 g/t over 16 m; 1.1 g/t gold over 35.20 m from 495.1 m; and 1.29 g/t gold over 22.15 m from 258.75 m, from the three holes, respectively.
Algernon Pharmaceuticals Inc said it has received approval from the independent Medical Research Ethics Committee of the Netherlands, the Stichting Beoordeling Ethiek Biomedisch Onderzoek, to conduct a Phase 1 clinical study of an intravenous formulation of the psychedelic tryptamine N,N-dimethyl tryptamine (DMT) for the treatment of stroke in the country. The trial will be conducted at the Centre for Human Drug Research (CHDR) in Leiden, the company said. Algernon said its decision to investigate DMT and move it into human trials for ischemic stroke was based on multiple independent, positive preclinical studies demonstrating that DMT helps mitigate tissue damage and promote neurogenesis as well as structural and functional neural plasticity. This body of research includes the company’s own murine cortical neuron outgrowth preclinical study which showed that DMT, in sub-psychedelic doses, increased the growth of cortical neurons by up to 40% compared to control.
Empower Clinics Inc has announced that its Covid-19 testing solutions processed more than 3,300 tests in August in and around the Port of Vancouver and Canada Place. The company also continues to receive hundreds of weekly appointments, which it says supports anticipated high volumes for the remainder of the cruise ship season.
PlantX Life Inc said it is collaborating with plant-based food innovator and lifestyle brand Future Farm at its Venice Beach Vegan Popup by XMarket location. The company said two new sandwiches invented by Future Farm’s chef Dennis Samala had been added to the location’s regular menu, the Chicago Style Future Sausage & Pepper Hoagie Roll and the Barbacoa Future Beef Street Torta. Farm Future products, including meatballs, burgers, and sausage made from top-quality, fairly-grown, non-GMO ingredients, would be featured throughout the Venice Beach store, PlantX said.
Kidoz Inc announced that it intends to, subject to receipt of regulatory approval, make a normal course issuer bid for its common shares as appropriate opportunities arise from time to time. Kidoz may purchase its shares during the 12-month period commencing September 15, 2022 assuming receipt of regulatory approval. In the opinion of itsmanagement and board of directors, Kidoz shares have recently traded in a price range that represents a substantial discount to the company's net asset value and does not reflect their underlying value. Subject to the market price of its shares and other considerations, Kidoz may acquire over the next 12 months up to 6,579,074 shares, representing up to 5% of the issued and outstanding shares. Any purchases will be made at market prices through the facilities of the TSX-V. The normal course issuer bid will be conducted through Kidoz Inc's broker Research Capital Corporation.
Infinity Stone Ventures Corp (CSE:GEMS) said it has entered into a contract with SGS Canada Inc to conduct a flotation and hydrometallurgical test program on a 2.7 kilogram (kg) sample from Infinity Stone's Rockstone graphite project. The project is located 45 kilometres west of the city of Thunder Bay, Ontario. In addition, testing will be performed to investigate the possibility of further impurity removal of the purified graphite through acidic fluoride leaching. Infinity Stone said its goal is to explore the production of EV battery-grade graphite – 99.8% graphitic carbon (Cg) purity – derived from the Rockstone project. Working with SGS Labs, Infinity Stone said it previously was able to refine samples from the Rockstone project to 96.1% Cg purity.
Virtual Investor Conferences (VIC), the leading proprietary investor conference series, announced the agenda for the upcoming Life Sciences Virtual Investor Conference to be held on September 15, 2022. Individual investors, institutional investors, advisors, and analysts are invited to attend the virtual event showcasing live executive presentations from companies addressing worldwide opportunities in the life sciences at the following link. There is no cost to log-in, attend live presentations and schedule 1x1 meetings with management. "We are excited to highlight today's innovators from the life science sector," said Jason Paltrowitz, executive vice president of corporate services at OTC Markets Group. "Our Virtual Investor Conferences continue to provide an efficient platform for these companies to engage and broaden their investor base." The presenting companies include: Starpharma Holdings Limited (ASX:SPL); VolitionRx (NYSE-A:VNRX) Limited; aTyr Pharma Inc; Cloud DX (TSX-V:CDX, OTCQB:CDXFF) Inc; Cytonics Corporation; BioHarvest Sciences Inc; NovaBay Pharmaceuticals (NYSE-A:NBY), Inc; Psycheceutical Bioscience, Inc; Aethlon Medical, Inc; Caladrius Biosciences, Inc; HealthBeacon PLC (EURONEXT:HBCN, OTCQX:HBCNF); and Else Nutrition Holdings Inc (OTCQX:BABYF, TSX-V:BABY). To facilitate investor relations scheduling and to view a complete calendar of Virtual Investor Conferences, please visit www.virtualinvestorconferences.com.
CleanSpark Inc (NASDAQ:CLSK) announced that Matthew Schultz, executive chairman, and Gary Vecchiarelli, CFO, will meet with investors and present at three conferences in September to discuss recent acquisitions. The run will kick off with the H.C. Wainwright 24th Annual Global Investment Conference on September 13, 2022 at 10:00 a.m. ET with Matthew Schultz presenting. An archive of the event presentation will be available on CleanSpark's website after the event. The second conference is the BTIG Future of Digital Assets Conference on September 19, 2022, 11:00 a.m. ET. BTIG hosted events are intended for prospective and existing BTIG clients only. To listen to the live event, please contact a BTIG representative. Finally, CleanSpark will be at the B. Riley Securities 2nd Annual Crypto Conference on September 29, 2022. To learn more or show interest please contact a B. Riley representative.
Plurilock Security Inc has announced that the company will be participating in the upcoming 24th Annual HC Wainwright Global Investment Conference on September 12 - 14, 2022. The conference is a hybrid event that will be held virtually and in-person, in New York. A presentation will be delivered by Plurilock CEO Ian L. Paterson on Monday, September 12 at 10.00am Eastern Time. A recording of the presentation will be available on demand at the H.C. Wainwright Conference Platform. Throughout the conference, the management team of Plurilock will be available for one-on-one meetings. To request for a meeting, interested parties cab log into www.hcwevents.com.
Nextech AR Solutions Corp has announced that its CEO Evan Gappelberg will present at the Emerging Growth Conference on September 14, 2022, at 10.30am Eastern Time (ET) discussing the company’s involvement in 3D modelling for eCommerce and ARway, the disruptive spatial mapping technology for the Metaverse. Nextech AR invites individual and institutional investors as well as advisors and analysts, to attend its presentation at the Emerging Growth Conference and can register to attend: via the following link https://goto.webcasts.com/starthere.jsp?ei=1552113&tp_key=93e040bf55&sti=nexcf. The presentation will be webcast and an archived recording will be made available in the Investors' section of the Nextech AR website: https://www.nextechar.com
Southern Energy Corp (TSX-V:SOU, AIM:SOUC, OTC:MAXMD) has announced that under its Stock Option Plan and Share Award Incentive Plan, an aggregate of 4,000,000 stock options to purchase common shares in the company and 2,495,700 restricted share awards (RSAs) were granted as part of Southern's overall compensation and employee retention program. The options expire in five years from the date of the grant and are exercisable at a price of C$1.01 per common share, being the closing market price on the TSXV on the day prior to this announcement. The options vest as to one-third on the grant date and one-third on each of the first and second anniversaries of the grant date. The RSAs vest as to one-third on each of the first, second and third anniversaries of the grant date. On the vesting dates of such RSAs, the holder is entitled to receive a cash payment or its equivalent in fully paid common shares, at the company's discretion, equal to the closing market value per common share on the TSXV on the business day prior to such payment. n aggregate, 2,230,000 of the options and 914,800 of the RSAs were issued to directors and persons discharging managerial responsibilities.
VanadiumCorp Resources Inc said that, subject to regulatory approval, it has retained Venture Liquidity Providers Inc (VLP) to initiate its market-making service to provide assistance in maintaining an orderly trading market for the common shares of the company. The market-making service will be undertaken by VLP through a registered broker, W.D. Latimer Co Ltd, in compliance with the applicable policies of the TSX Venture Exchange (TSX-V) and other applicable laws. For its services, the corporation has agreed to pay VLP $5,000 per month for a period of 12 months. The agreement may be terminated at any time by the corporation or VLP. The corporation and VLP act at arm's length, and VLP has no present interest, directly or indirectly, in the corporation or its securities. The finances and the shares required for the market-making service are provided by W.D. Latimer. The fee paid by the company to VLP is for services only. VLP is a specialized consulting firm based in Toronto providing a variety of services focused on TSX-V-listed issuers.
Jushi Holdings Inc said it filed with the Canadian securities regulator restated unaudited condensed interim consolidated financial statements for the three months ended March 31, 2022. The company said it has restated the (i) Right-of use assets - finance leases and Accrued expenses and other current liabilities in the unaudited interim condensed consolidated balance sheet and (ii) cash flows from operating, investing and financing activities in the unaudited interim condensed consolidated statements of cash flows. These errors did not impact the cash balance as of March 31, 2022, and there was no net change in cash flows during the three months then ended.
PyroGenesis Canada Inc has announced that P. Peter Pascali, its president and chief executive officer has terminated, the automatic securities disposition plan (ASDP) under which a proposed disposition of up to 800,000 common shares of PyroGenesis was to be made. On August 18, 2022, Pascali had filed a notice of intention to sell up to 800,000 of the 4,904,657 common shares owned by Fiducie de Credit Mellon Trust, a trust of which he is a trustee, executive officer and beneficiary. On the same date, the Trust and PyroGenesis entered into an ASDP with an independent broker, who was appointed to effect the sales to be made under the proposed disposition between August 25, 2022, and September 16, 2022. On September 8, 2022, Pascali and PyroGenesis notified the broker of their decision to terminate the ASDP. The decision was taken in order to avoid the possible situation wherein, in accordance with the trading parameters set out in the ASDP, the sale of a large number of common shares would be made in a short period of time. The company said its board of directors approved the termination of the ASDP, as it is believed to be in the best interest of the shareholders of PyroGenesis. The termination was made at a moment in time when Pascali/the Trust represented not being aware of or in possession of any privileged information or material non-public or undisclosed information about PyroGenesis or any securities of PyroGenesis.
Silverton Metals Corp (TSX-V:SVTN, OTCQB:SVTNF) said the TSX Venture Exchange has accepted for filing a share purchase agreement dated August 4, 2022, between the company, Wholesome Organic Ltd and the securityholders of Wholesome, whereby the company will acquire all of the issued and outstanding shares in the capital of Wholesome from the vendors. Wholesome owns the lithium property known as the Peny property, comprising 15 mineral claims totalling 3,204 hectares in the Snow Lake district in Manitoba, Canada. The Peny property is located approximately 25 kilometres northeast of the town of Snow Lake in Manitoba. In consideration, the company will issue an aggregate of 13 million common shares of the company to the vendors at a deemed price of 9.5 cents per share for total consideration of $1,235,000. The transaction is deemed arm's length.
Ultra Lithium Inc said the TSX Venture Exchange has accepted for filing documentation with respect to its non-brokered private placement announced on April 20, 2022, and June 2, 2022, which will see the issue of 83,829 common share units, with each unit consisting of one common share in the capital of the company and one non-transferable common share purchase warrant, together with 4.22 million flow-through (FT) units, with each FT unit consisting of one flow-through common share and one-half of one warrant for purchase prices of 23.5 cents per common share unit and 25 cents per FT unit, with the 2,151,915 whole warrants exercisable at a price of 30 cents for one year from the date of issuance with 16 placees.
Delta 9 Cannabis Inc said it has completed a private placement of 1,650,000 common shares of the company for a deemed price of $0.1250 per common share, to various subscribers. A number of directors and officers of the company, including John William Arbuthnot IV, its chief executive officer, James Lawson, chief financial officer, John William Arbuthnot III, director and Nitin Kaushal, director, participated for a total $105,000.00 (840,000 common shares) in the offering. The securities issued in the offering will be subject to a hold period of four months plus a day expiring January 10, 2023. The final closing of the offering remains subject to the approval of the TSX.
Regency Silver Corp has announced that its common shares have begun trading on the OTCQB Venture Market, a US trading platform that is operated by the OTC Markets Group Inc headquartered in New York. The Company will trade on the OTCQB under the symbol RSMXF. The company's common shares will also continue to trade on the TSX Venture Exchange under the symbol RSMX. Bruce Bragagnolo, Regency Silver executive chairman commented: "Listing on the OTCQB is an important part of the Company's long-term strategy to expose Regency Silver's common shares to a wider audience and expand our visibility. We believe trading on the OTCQB will help us enhance liquidity by providing our current and future American investors with a suitable trading platform creating a fluid and transparent trading experience, along with broadening our investor base." The OTCQB is the premier venture marketplace for entrepreneurial and developing US and international companies that are committed to providing a high-quality trading and information experience for their US investors. To be eligible, Companies must meet high financial standards, including be current in their financing reporting, follow best practice corporate governance, have a professional third-party sponsor introduction, demonstrate compliance with US securities laws, and undergo an annual verification and management certification process.
X1 Esports & Entertainment Ltd has announced that its common shares have been approved for trading on the OTCQB Venture Market. On August 4, 2022, the company began to trade on the OTC Pinks. As of September 12, 2022, X1 shares will be upgraded to trade on the OTCQB under the ticker symbol XOEEF. The company's shares will continue to trade on the Canadian Securities Exchange under the symbol XONE. In a statement, Mark Elfenbein, chief executive officer of X1 Esports and Entertainment Ltd commented: "Listing X1 Esports and Entertainment on the OTCQB provides easier access for US institutions and retail investors. In addition, the OTCQB listing is anticipated to enhance liquidity and broaden the company's shareholder base."
DRDGOLD Ltd (NYSE:DRD, JSE:DRD, OTC:DRDGF) said its presentation from the HC Wainwright 24th Annual Global Investment Conference 2022 New York is now available on DRDGOLD’s website at http://www.drdgold.com.
American Resources Corporation (NASDAQ:AREC) VP of Corporate Finance and Communications Mark LaVerghetta will present at the H.C. Wainwright 24th Annual Global Investment Conference being held in New York, NY and virtually on September 12-14, 2022. In addition to the presentation, management will be available to participate in virtual one-on-one meetings with qualified members of the investor community who are registered to attend the conference. For more information about the conference, please visit the conference website. A video webcast of the presentation will be available for viewing on-demand through the H.C. Wainwright conference platform beginning Monday, September 12 at 7:00 AM ET for 30-days to those registered for the event.
Therma Bright Inc (TSX-V:THRM, OTC:TBRIF) said it had received communication from the FDA which states they have completed an initial review of its AcuVid EUA application and have asked for additional details and questions to be addressed on our rapid saliva test solution. Therma Bright said it is working closely with its strategic partners and suppliers to comprehensively and clearly respond to the FDAs questions. Once this effort is complete, the company will resubmit its EUA application with all the additional documentation and tests requested by FDA reviewers, including details around transport and storage of RT PCR samples, additional data on external controls used, and further validation on AcuVid's ability to detect the Omicron variant post March 1, 2022, when the variant achieved 100% overall prevalence in the U.S. State of California variant tracker, where the U.S. clinical study was performed, shows Omicron was 90.0% of all new cases on December 29, 2021 and 99.8% on February 1, 2022. "We and our strategic partners are confident in the performance of our innovative AcuVid COVID-19 Rapid Antigen Saliva Test and will continue to work with FDA officials in answering their questions in order to bring our solution to the U.S. marketplace, including providing the specific data and details as needed for authorization," said Rob Fia, CEO of Therma Bright. "In tandem, we'll continue to pursue sales where authorized, as we navigate regulatory authorization processes from around the globe." The FDA does not provide timelines on how long approvals will take. The company said it will update the market as required.
FSD Pharma Inc (CSE:HUGE, NASDAQ:HUGE) announced it is presenting and participating via the on-demand session at the H.C. Wainwright 24th Annual Global Investment Conference taking place September 12-14, 2022. FSD Pharma's on-demand presentation can be accessed by clicking this link, https://journey.ct.events/view/0f4c6278-5615-464f-8feb-b0300030f05d beginning Monday, September 12, 2022 at 7:00 A.M. ET where it will be hosted for 90 days. The presentation and supporting materials will also be available shortly thereafter on the FSD Pharma website within the "For Investors" section. In the presentation, Dr Lakshmi Kotra, who serves as Chief Executive Officer of FSD Pharma's wholly owned subsidiary Lucid Psycheceuticals, delivers updates to the investment community on the business and status of three drug candidates being advanced. FSD Pharma's Lucid-MS, the company's lead compound for the potential treatment of multiple sclerosis, and Lucid-Psych, its lead compound for mental health conditions, are well underway undergoing IND-enabling studies. "We are extremely motivated to develop and commercialize FSD Pharma's portfolio of novel therapeutics and working with high quality institutional investors is instrumental in meeting our goals," said Dr. Kotra, who also provides development oversight for the complete FSD Pharma pipeline.