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: Falcon Gold, Marvel Discovery, Guardforce AI, Australis Capital, Talon Metals, Lobe Sciences, HealthLynked, Railtown AI Technologies, Naturally Splendid Enterprises...UPDATE

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

Falcon Gold Corp (TSX-V:FG, OTC:FGLDF) and Marvel Discovery Corp, which operate a strategic partnership tied to their Hope Brook projects in Newfoundland, have managed to turn a delay caused by forest fires into an opportunity. The Falcon/Marvel alliance had planned to complete high-resolution magnetic gradiometer surveys over the project area, a proven method to distinguish structural complexities in geological terranes. However, forest fires and a state of emergency meant a lack of helicopter availability, which made such work impossible. Instead, the alliance took this time to conduct a geophysical review, which identified kilometer-scale shear zone corridors and a major fold closure, interpreted from the magnetic patterns within the Hope Brook Property area.

Guardforce AI Co Ltd (NASDAQ:GFAI) announced that it has entered into a partnership agreement with Riversoft Inc, a Peakwork company specializing in travel management software, to co-develop and co-launch contactless travel services with its existing GFAI Concierge robots. The new robotic solution, Robot Travel Agency (RTA), will be an e-commerce portal for travelers to purchase itineraries, transportation, accommodations, tours and more, the integrated security solutions provider said. “We are excited about our partnership with Riversoft and our joint plans to launch the RTA. According to the Global Business Travel Association’s latest Business Travel Index, global business travel activity will continue to recover in 2023 and is headed towards a full recovery to 2019 pre-pandemic spending levels of US$1.4 trillion,” Guardforce AI chairwoman and CEO Olivia Wang said in a statement.

Australis Capital Inc (CSE:AUSA, OTCQB:AUSAF), doing business as Audacious, has commenced cultivating cannabis on its wholly-owned Broome County property with its partner Hempire, initially focused on outdoor cultivation to ensure swift availability of products and to control production costs. The cannabis multi-state operator said harvesting of the plants is expected in October. “Initially entering the derivative market in NYS (New York state) is a smart plan and I applaud the team in executing this strategy,” Audacious CEO Terry Booth said.

Talon Metals Corp. (TSX:TLO)said it has joined Development Partner Institute’s (DPI Mining) Responsible Sourcing Coalition, or RESCO, as a supporter, as both share a vision for sustainability in the mining sector. “We are thrilled to join a multi-stakeholder group like RESCO that brings together diverse perspectives to discuss how society can address climate change and protect the natural environment and cultural resources,” Todd Malan, Talon’s chief external affairs officer and head of climate strategy, said in a statement. “Participants in RESCO are clear eyed about the metallic mineral requirements of the energy transition, but they want to make sure that these infinitely recyclable natural resource like nickel are extracted responsibly with strong environmental and cultural protections, broad based economic benefits,” he added.

Lobe Sciences Ltd (CSE:LOBE, OTCQB:LOBED) said it has incorporated its 100% owned Australian subsidiary Lobe Sciences Australia Pty Ltd to facilitate three or more trials in Australia with its newly announced partner iNGENū Pty Ltd. As per the Australian Federal Government’s Research & Development tax incentive program, Lobe will receive rebates for up to 43.5% on eligible expenditures for research and development conducted in Australia, according to Lobe. The company said the trials would evaluate its proprietary psilocin analogues L-130 and L-131 and are expected to commence in late 2022 or early 2023 pending local regulatory approval.

HealthLynked (OTCQB:HLYK) Corp has announced the release of its newly-upgraded MedOfficeDirect ecommerce platform for discount medical supplies. The Naples, Florida-based healthcare platform has updated MedOfficeDirect with the latest version of ecommerce engine Magento (v2.4.2) that includes over 280 new fixes to core code and 35 security enhancements. HealthLynked (OTCQB:HLYK) CEO Dr Michael Dent said the upgrade to version 2.4.2 allows the company to work strategically with partners in expanding its customer base.

Railtown AI Technologies Inc (CSE:RAIL) revealed that it has struck a service provider license agreement with Quisitive Technology Solutions Inc, which has Cloud solutions that focus on helping enterprises operate and innovate in the three Microsoft clouds. Under the agreement, Vancouver, British Columbia-based Railtown will provide a white-labeled version of its cloud application, to be branded by Quisitive as Velocity Insights. Railtown's application allows a software engineer to monitor, diagnose, and prioritize errors efficiently with the help of artificial intelligence (AI), machine learning (ML), and natural language processing (NLP), to reduce the time spent on finding and fixing errors without compromising product quality.

Naturally Splendid Enterprises Ltd has provided a summary of the distribution network assembled for sales and distribution of its Plantein line of plant-based foods. The plant-based food manufacturing and technology company said it has engaged Canex Foods, a full-service food importer, as distribution coordinator to work closely with its roster of distributors who have the option to draw inventory directly from Naturally Splendid or coordinate shipments through Canex distribution centres/freezer storage facilities located in Canada's two largest markets, Vancouver and Toronto. The arrangement optimizes shipping logistics across the country, according to Naturally Splendid.

Earlier this week, Talon Metals Corp. (TSX:TLO) (Talon Metals Corp. (TSX:TLO)) revealed a record drill result from a hole at its Tamarack project in Minnesota, and analysts at Stifel GMP have taken notice. In a flash note published Thursday, the firm noted that these assay results from 17 holes, including one which showed 6.04% nickel and 2.85% copper over a length of 23.44 meters (m), are a great sign for the feasibility study expected in 2023. The intercept was hit starting at 453.73m depth and also showed 0.12% cobalt, 0.49 grams per ton (g/t) palladium, 0.62 g/t platinum and 0.35 g/t gold (7.58% nickel-equivalent and 20.20% copper-equivalent).

Usha Resources Ltd (TSX-V:USHA) said it intends to extend the expiration dates by one year on a total of 1,571,135 warrants originally issued by the company on Oct. 21, 2020, Nov. 23, 2020, and Dec. 2, 2020, pursuant to non-brokered private placements. The warrants are subject to an acceleration provision that states: The warrants expire the earlier of October 21, 2022, November 23, 2022 and December 2, 2022, as applicable, or 30 days after the date the company provides notice to the holders indicating that the company has determined to accelerate the expiry date of the warrants, in its sole discretion, upon the common shares having a closing price of $0.75 or greater per common share on the Exchange (or such other exchange on which the company's common shares may become traded) during any 30 consecutive trading day period at any time subsequent to four months and one day after the closing date. The company wishes to extend the expiry date of the warrants as set out in the above table, including the accelerated expiry provisions by one year. All other terms and conditions of the warrants, including the exercise price, remain the same.

Think Research Corporation (TSX-V:THNK, OTCQB:THKKF) announced that it has granted 350,000 restricted share units to key employees of the company pursuant to its Omnibus Equity Incentive Plan with 300,000 of the units vesting in one year, and the remaining 50,000 units vesting in equal portions on September 30, 2023, December 31, 2023 and December 31, 2024.

Gratomic Inc said the TSX Venture Exchange has accepted filing documentation with respect to a non-brokered private placement announced on Sept. 15, 2022, involving 5,684,440 shares at a purchase price of 36 cents per share and 5,684,440 share purchase warrants at an exercise price of 54 cents for a one-year period and 80 cents in the second year. The number of placees was 19. The company issued a news release on Sept. 15, 2022, confirming the closing of the private placement. (edited)

Fidelity Minerals Corp said the TSX Venture Exchange has consented to the extension in the expiry date of 9,925,000 warrants from their original expiry on Oct. 12, 2022, to April 12, 2023. The exercise price is 11 cents. The warrants were issued pursuant to a private placement of 9,925,000 common shares with 9,925,000 share purchase warrants attached to purchase 9,925,000 shares, which was accepted for filing by the exchange effective May 4, 2022.

Lotan Holdings Inc. said it has acquired 100,000 shares in Aurion Resources (TSX-V:AU) Ltd and now owns or has control of 11,836,582 Aurion shares, or around 10.04% of the share capital. Prior to this, Lotan held 11,736,582 shares, or around 9.96% of the issued and outstanding shares. Exploration firm Aurion's current focus is exploring its Flagship Risti and Launi projects, as well as advancing joint venture arrangements with Kinross Gold Corp, B2 Gold Corp and Strategic Resources Inc in Finland.

Tiziana Life Sciences Ltd (NASDAQ:TLSA) said it has been notified that the company’s chief medical office, Matthew Davis, purchased 75,000 Tiziana common shares, at a price of $0.83 per share, bringing his total holding to 175,000 common shares.

Wellbeing Digital Sciences (NEO:MEDI.AQN, OTCQB:KONEF) Inc has announced that its CEO Najla Guthrie will take part in Microdose's Psychedelic Capital: September 2022 Conference to be held virtually on September 29 this year at 1:30pm EST. Guthrie will participate on the "Psychedelic Patents: Navigating the Controversial IP Landscape" panel. Register to attend HERE. https://microdose.buzz/shop/events/psychedelic-capital/psychedelic-capital-sept-2022/

For more information about the conference, or to schedule a one-on-one meeting with Wellbeing's management team, please send an email to Natalie Dolphin at ndolphin@wellbeingdigital.co. The company describes itself as an evidence-based mental healthcare company focused on the development and implementation of innovative clinical treatment solutions, including psychedelic medicine and digital therapeutics, as supported by clinical research.

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