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NA Proactive news snapshot: First Mining Gold, PyroGenesis, BioVaxys, TRACON Pharmaceuticals, MAS Gold, Playgon Games, American Resources, Hapbee Technologies, Vicinity Motor, Todos Medical UPDATE...

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

First Mining Gold Corp has filed a NI 43-101 technical report covering its Duparquet Gold project in Quebec, the company announced. The Duparquet project is a multi-million-ounce advanced exploration and mining development asset located in the Abitibi region of Quebec, roughly 50 kilometers north of the city of Rouyn-Noranda.

PyroGenesis Canada Inc announced that its Gen3 PUREVAP Quartz Reduction Reactor (QRR) pilot plant has completed its month-long power-up process, acknowledging a press release from its technology partner HPQ Silicon Inc. The QRR plant, the first prototype of its kind, is now testing its ground-breaking one-step transformation of quartz into high-purity silicon with a series of optimization and repeatability tests, the company said.

BioVaxys Technology Corp announced that it has agreed to settle a total of $300,000 in debt with one vendor through the issuance of common shares to be issued at a deemed price of $0.15 per common share. All securities issued in connection with the debt settlement are subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation. Closing of the debt settlement is subject to a number of conditions, including receipt of all necessary regulatory approvals.

TRACON Pharmaceuticals Inc (NASDAQ:TCON) has received a recommendation from the Independent Data Monitoring Committee that its ENVASARC Phase 2 pivotal trial can proceed as planned, the company announced. The committee made its recommendation following a review of 12-week safety data from patients enrolled in the trial as of June 30. The review focused on more than 10 patients in cohort C, who received 600 milligrams of envafolimab administered subcutaneously (injected under the skin) every three weeks, and more than 10 patients in cohort D, who received the same envafolimab plus the drug Yervoy (ipilimumab) given intravenously (through an IV).

MAS Gold Corp (TSX-V:MAS, OTCQB:MSGCF) said it is hiring two well-respected mining experts to move its scoping study forward on its five gold exploration projects in the La Ronge greenstone belt in northern Saskatchewan. Ron Avery and Andre Douchane, both with extensive experience in exploration projects and the mining industry, will join MAS Gold as consultants. MAS Gold's CEO Jim Engdahl said he’s excited to have the pair on the team.

Hapbee Technologies Inc (TSX-V:HAPB, OTCQB:HAPBF) has added a "Routines By" motivational speaker David Meltzer to its library of wellness routines, as part of the company’s August upgrade. Meltzer is a player agent and entrepreneur, who previously led athlete representation firm Steinberg Sports & Entertainment as its CEO. He first learned about Hapbee through his numerous connections in professional sports, where the digital wellness app has become a tool for top performers who need an extra edge without resorting to drugs, chemicals or stimulants, according to Hapbee.

Playgon Games (TSX-V:DEAL, OTCQB:PLGNF) Inc said it has attained key milestones for third quarter 2022, including an increase in players and wagers made during mobile-first digital games. The Vancouver-based software-as-a-service (SaaS) gaming technology company said player activity continues to grow, with monthly wagering turnover increasing from C$173.5 million in the second quarter to $293.2 million in the third quarter, an increase of 69%. The daily wagering turnover increased from $1,894,000 in 2Q to $3,166,000 in 3Q, representing a 67% increase. The number of wagers placed (betspots) increased from 5,520,000 in 2Q to 7,690,000 in 3Q, a 39% increase. Additionally, operator hold was up 77% from 2Q, according to Playgon.

American Resources Corporation (NASDAQ:AREC) announced that its majority-owned ReElement Technologies LLC division has procured the necessary equipment for its initial battery element isolation and purification production train for the manufacture of battery-grade materials (lithium, cobalt and nickel) at its critical minerals purification facility in Noblesville, Indiana. The supplier of rare earth and critical elements said battery element purification is on track to begin initial commercial production within the next 45 days.

Vicinity Motor Corp said it has received an order from its strategic partner Sustainability Partners LLC (SP) for four Vicinity Lightning electric buses via its Pacific Islands distributor Soderholm Sales & Leasing Inc for use at Honolulu International Airport. The company said the State of Hawaii Department of Transportation will utilize SP’s Electric Vehicles as a Service (EVaaS) program to finance the conversion of traditional government fleets to Vicinity’s electric vehicles. Soderholm will facilitate the sale and provide long-term technical and maintenance support for the project, Vicinity said.

Todos Medical Ltd revealed that its CLIA/CAP accredited lab Provista Diagnostics has successfully completed a pilot launch of a suite of polymerase chain reaction (PCR) testing services in the rural city of Dunnellon, in Florida. According to the diagnostics and solutions company, the PCR testing services cover urinary tract infection, wound, respiratory pathogen, gastrointestinal, sexually transmitted infections, coronavirus (COVID-19) and MonkeyPox panels. The company said it delivered a 24-hour turnaround time for results, a local patient service center to facilitate sample collection, and pharmacist interpretation to assist the physician with prescription decision-making.

Cinedigm Corp (NASDAQ:CIDM) has announced the launch of one of its top performing free ad-supported streaming television (FAST) channels RetroCrush on SLING TV, expanding SLING’s partnership with Cinedigm to include 14 channels that are available free to consumers with no credit card or payment required. The company said RetroCrush is "dedicated to the Golden Age of anime", tapping into enthusiastic and passionate viewers of the genre. Its current line-up includes more than 100 series and 40 features. Cinedigm business development senior director John Stack said the expansion of the company’s partnership with SLING embraced Cinedigm's mission to bring its channels to the widest enthusiast audiences possible.

Revive Therapeutics Ltd (CSE:RVV, OTCQB:RVVTF) announced an update on its U.S. Food & Drug Administration Phase 3 clinical trial to evaluate the safety and efficacy of Bucillamine, an oral drug with anti-inflammatory and antiviral properties, in patients with mild to moderate COVID-19. Further to Revive’s recent submission of the study's amended protocol, the company is in communication with the FDA to submit a revised protocol with a new primary efficacy endpoint, specifically, assessing the difference in the proportion of participants with at least two clinical improvements in symptoms of COVID-19 at Day 14 compared with baseline between Bucillamine versus placebo. Additional secondary endpoints may include clinical outcome (death or hospitalization), the time to the polymerase chain reaction resolution, disease severity, supplemental oxygen use, and progression of COVID-19. Revive said it expects to submit the revised protocol next week. Should the FDA agree with the revised protocol, the Data Safety Monitoring Board will review the completed Post-Dose selection data of approximately 500 subjects in the context of the new primary endpoint. The DSMB may recommend continuing the study if there is a trend toward achieving statistical significance, halting the study early due to statistical significance likely not going to be met, or halting the study early due to positive efficacy showing statistical significance. Regardless of the outcome, the company would proceed to seek a meeting with the FDA to agree on a proposed plan for potential regulatory approval. Revive is not making any express or implied claims that its product has the ability to eliminate or cure COVID-19 at this time.

Gold Basin Resources Corporation (TSX-V:GXX) has announced that review and analysis of historical drill data on the Red Cloud deposit claims has highlighted what the company called the “exciting potential” of more than one kilometre of potential strike extension of the mineralisation of the Stealth deposit at its 100%-owned Gold Basin project in Arizona. The mineral exploration company said the mineralisation intersected historically at Red Cloud starts from near surface and corresponds closely with the form and grade intersected with Gold Basin’s drilling at Stealth in its last drill program.

Fobi AI (TSX-V:FOBI, OTCQB:FOBIF) Inc has announced a three-year exclusive data license agreement with Ideal POS Ltd, enabling access to all point of sale and transactional data from Ideal POS systems. The companies’ integrated solution will introduce a digital member loyalty card based on Fobi’s PassPro platform that enables customers to download a wallet pass from Ideal POS retailers, providing access to loyalty points, stored value, e-gift cards or stamp card functionality.

AMPD Ventures Inc (CSE:AMPD, OTCQB:AMPDF) announced that Tippett Studio Inc, the American visual effects company specializing in computer-generated imagery for films and television commercials, has selected AMPD Virtual Studio to help power their growth and expansion in the North American market. “This is a very important milestone for us,” AMPD Ventures CEO Anthony Brown said in a statement. “Securing an industry leader such as Tippett Studio as an AMPD Virtual Studio customer represents major validation to the entire VFX market as to the viability and overall strength of our Virtual Studio solution.” AMPD Virtual Studio, offered by AMPD’s subsidiary AMPD Technologies Inc, is the ultimate high-performance cloud-based digital content creation platform and represents a greener, more flexible, more powerful, and more cost-effective alternative for developing cutting-edge digital content when compared with on-premise workstations and the existing ‘commodity’ cloud.

Zynerba Pharmaceuticals Inc (NASDAQ:ZYNE) has boosted its international intellectual property (IP) portfolio, revealing it has been granted a new US patent for its cannabidiol-formulated gel Zygel. The US patent and trademark office issued the patent, which is entitled "Treatment of Fragile X Syndrome With Cannabidiol," and includes claims directed to methods of treating Fragile X syndrome with cannabidiol, the company said in a statement. The new patent expires in 2038 and there are currently four corresponding US patents and one corresponding EU patent related to methods of treating Fragile X syndrome.

Magna Mining Inc (TSX-V:NICU) reported impressive assay results from recent drilling at its flagship Shakespeare Mine, 70 kilometers (km) southwest of Sudbury. The Sudbury, Ontario-based exploration and development company said a total of 1,983 meters (m) of drilling in five drillholes was completed in the first half of the year at the past-producing Shakespeare Mine, which is surrounded by a 180 square km land package that is highly prospective for nickel, copper, and platinum group metals (PGM) discoveries. The exploration program was designed to follow up on the successful 2021 drilling in the "Gap Zone" near the West Zone of the deposit. The program also tested whether a wide known zone of the resource known as the S-13 Zone, previously thought to be isolated, could be connected to the East and West zones.

RecycLiCo Battery Materials (TSX-V:AMY, OTCQB:AMYZF) Inc, formerly American Manganese Inc. said it has closed the loop on the lithium-ion battery supply chain with its patented recycling and upcycling process. The company said new battery cells were successfully assembled using the company's battery-ready material, and their performance was validated by C4V, an intellectual property company with expertise and patented discoveries in Lithium-Ion battery composition and manufacture. "We are pleased to achieve another milestone by having a third-party validate our recycled-upcycled battery material for use in new battery cells," Zarko Meseldzija, CEO and director of RecycLiCo said in a statement. "We have shown a closed loop for lithium-ion batteries and with our technology, we could enable battery manufacturers to complete all recycling and battery production on one site."

Versus Systems Inc has announced the newest release of Filter Fan Cam, one of their most popular products. The product applies 3D filters in real-time to in-venue streams of crowds and fans at live events. The fans, with their filters, are then featured on jumbotrons, halo boards, and main boards throughout arenas and stadium events worldwide. With the latest version, Versus Systems now offers mobile features for brands, restaurants, and other smaller physical venues beyond stadiums and arenas. With the latest version of Filter Fan Cam, partners can now engage with fans directly on their mobile phones.

FansUnite Entertainment Inc (TSX:FANS, OTCQX:FUNFF) has announced the addition of Quinton Singleton to its board of directors, effective October 6, 2022. With 15 years of experience in the gaming industry, Singleton is expected to guide the management team of FansUnite on ways to optimize the company’s operations, launch products into new markets, growth strategy, which includes corporate finance and M&A, and most notably, develop and implement a successful North American expansion. “We are pleased to welcome Quinton as the latest addition to our board of directors,” FansUnite CEO Scott Burton said in a statement.

Infinity Stone Ventures Corp (CSE:GEMS) announced that its Class A Subordinate Voting Shares, previously trading on the OTC Market under the symbol TLOOF, are to commence trading on the OTCQB under the symbol GEMSF, effective October 6, 2022. The company's Class A Subordinate Voting Shares will continue to trade under the symbol GEMS on the Canadian Securities Exchange. "We are pleased to announce the new OTCQB trading symbol GEMSF. The new symbol is more closely aligned with the Canadian symbol which we believe will make it easier for current and new shareholders to find," said Zayn Kalyan, CEO of Infinity Stone.

Biocept Inc (NASDAQ:BIOC) will host an hour-long webinar to be held October 14 at 1 p.m. Eastern time featuring case studies presented by leading neuro-oncologists who have used the company's CNSide assay in the management of patients with confirmed or suspected central nervous system metastasis. The webinar will feature key opinion leaders Priya U. Kumthekar, MD of Northwestern University and Seema A. Nagpal, MD of Stanford University. "We appreciate Drs. Kumthekar and Nagpal's willingness to share their real-world clinical experience with CNSide, in managing patients with a time-sensitive, life-threatening complication of cancer," said Michael Dugan, MD, Biocept's Senior Vice President, Chief Medical Officer and Medical Director. "CNSide provides an enhanced method of cell capture with digital imaging for the quantitative evaluation of tumor cells recovered from cerebral spinal fluid (CSF). This provides a more accurate method of assessing the intracranial response to treatment than more subjective methods currently used to evaluate metastatic cancers involving the central nervous system.” The webinar will be available live and archived at www.biocept.com.

Argentina Lithium & Energy Corp (TSX-V:LIT, OTCQB:PNXLF) announced that it has entered into two new option agreements at lithium salars in Argentina. The first involves a local vendor to earn a 100% interest in four contiguous mine concessions totalling 791.3 hectares at the Salar de Rincon (Paso de Sico option), while the other option agreement is with a second local vendor to earn a 100% interest in a single mine concession measuring 843.5 hectares at the Salar de Antofalla (Volcan option).

EverGen Infrastructure Corp (TSX-V:EVGN) has added financial muscle to its executive team with the appointment of Sean Hennessy as its new CFO. Hennessy is a familiar face around EverGen, having previously held the position of vice president, finance & controller. The new CFO is a chartered accountant with over 15 years of finance and accounting experience in the clean energy and infrastructure industries, which includes ten years at a global energy infrastructure company owned by Brookfield Business Partners.

Guardforce AI Co Limited announced that it has been invited to present at the Microcap Rodeo's Windy City Roundup 2022 Conference, which is being held on October 12th - 13th, 2022 in Chicago, Illinois. Brian Ma, CFO of Guardforce AI is scheduled to present on Thursday, October 13th at 10:00 a.m. Central Time/11:00 a.m. Eastern Time. The presentation will be webcast live and available for replay at https://www.webcaster4.com/Webcast/Page/2924/46727. Management 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, please email angie.wright@issuerdirect.com. Investors can register for the conference here: https://microcaprodeo.com/signup

Silvercorp Metals Inc (TSX:SVM, AMEX:SVM) has reported encouraging results from ongoing drilling at one of its mines at the Ying district project in China, including hitting new high-grade silver-lead-zinc veins at the west side of the mine. The LMW mine is one of six mines, which make up the flagship Ying asset in Henan province, central China. From October 1, 2021 to September 30, this year, 56,803 metres (m) in 416 diamond drill holes, including 372 underground and 44 surface were completed at LMW.

Pure Gold Mining Inc (TSX-V:PGM, LSE:PUR, OTC:LRTNF) said it achieved its gold production guidance for the third quarter at its 100% owned and operated PureGold Mine in Red Lake, Ontario, producing 9,041 ounces with a head grade within guidance of 4 to 5 grams per ton (g/t) gold. The company said with the resumption of full-time mill operations in July, it delivered strong back-to-back monthly ore tonnage in July and August, and achieved record monthly gold production in the latter month. Its 3Q results would have been better, PureGold noted, but for nine unexpected days of lost production in September due to downtime of the contract crusher and an unrelated issue with automation control electronics in the mill.

BioVaxys Technology Corp has announced the execution of a binding term sheet with Barcelona-based Procare Health Iberia SL, granting BioVaxys exclusive US marketing and distribution rights for two products that treat cervical lesions. The first is Paplicocare, the world’s first and only vaginal gel product shown with clinical evidence to prevent and treat HPV-dependent cervical lesions. The other is Immunocaps, an oral over-the-counter nutritional supplement that supports immune function and vaginal microbiota to help re-epithelialization of cervical lesions, the company said.

Endexx Corp has outlined key accomplishments over its fiscal fourth quarter ahead of financial reporting, saying it has made significant progress in marketing and distribution following its recent HYLA acquisition to position the company for a strong fiscal 2023. The developer and distributor of all-natural, plant-derived topical skincare products noted 4Q highlights that included: Endexx products are now available in four of the top eight retailers in the US in over 8,000 mass retail stores nationwide; Amazon distribution of Blesswell skin care products expanded beyond the US to 13 countries; Significant expansion of its international distribution network and potential revenue streams though the controlling interest acquisition of HYLA, a non-nicotine, guarana-based vape product; Strengthened the company’s balance sheet by entering into settlement, lock-up and leak-out agreements with its historic investors; and HYLA secured two new purchase orders exceeding 200,000 units in the first month of joining Endexx.

Wellbeing Digital Sciences (NEO:MEDI.AQN, OTCQB:KONEF) Inc said its subsidiary KGK Sciences Inc has completed the chemistry, manufacturing, and controls (CMC) package to be used in support of a Phase 2A clinical trial on microdose psilocybin and fragile X syndrome for client Nova Mentis Life Science Corp. The company said Nova has produced 1.5 mg psilocybin microdose capsules in accordance with defined manufacturing processes and product specifications as outlined in CMC published guidelines. The package, which will be submitted to Health Canada for approval, includes a Phase 2 manufacturing process file for the psilocybin active pharmaceutical ingredient; finished product batch manufacturing records that confirm the final capsule batch has been produced; and psilocybin capsule dissolution parameters that meet regulatory requirements.

The Good Shroom (TSX-V:MUSH) Co Inc said that it has begun selling Sky Cuddler cannabis flower in Quebec through its subsidiary Teonan Biomedical Inc. The company received its first purchase order for the product for approximately $25,000 and is expected to receive replenishment PO's every 1 to 2 weeks for this product in addition to its other products. This launch is occurring in approximately 30% of all stores for the first 6 months and is expected to move into all stores thereafter. The size of its PO's are also expected to increase concurrently at that time. The Company also has 4 other hash products presently sold in Quebec and is launching more SKU's in the infused pre-roll, cannabis flower and hash segments in the coming months. Good Shroom CEO Eric Ronsse said: "All the products we will be launching are positioned and priced strategically to compete with top selling products. In particular this SKU will be the only Sky Cuddler strain offered in Quebec which is an advantage because many of our competitors offer the same strains while ours is unique and certified organic."

Banxa Holdings Inc said it is starting to formally identify and evaluate strategic opportunities to maximize shareholder value after it had received several unsolicited proposals to consider strategic M&A opportunities. In a statement, Domenic Carosa, Banxa’s founder and chairman of the board, told investors that the company’s board is excited about the future, as it continues to build “important pieces” of the global crypto market infrastructure. As part of the formal process, Banxa’s board has appointed US-based Architect Partners, a leading cryptocurrency focused investment bank to manage the process.

Great Panther Mining Ltd said the Supreme Court of British Columbia has pronounced an initial order (Initial Order) converting the company’s restructuring proceedings under the Bankruptcy and Insolvency Act (Canada) (the NOI Proceedings) to the more flexible restructuring proceedings under the Companies’ Creditors Arrangement Act (Canada) (CCAA). Similar to the stay of proceedings granted in the NOI Proceedings, the Initial Order prevents creditors from enforcing against the company up to and including October 14, 2022 (Stay), on which date, the company will return before the Court to seek, among other things, an extension of the Stay order. The Initial Order also approved an agreement between the company and Asahi Refining Canada Ltd, whereby Asahi will continue to provide refining services to the company. Great Panther’s management is of the view that the Asahi agreement will avoid the potential disruption of seeking a new refiner and will assist in maintaining the timely sale of gold from its indirectly-owned mine, to increase the funds available to support the company and its operations during these proceedings.

Zinc8 Energy Solutions (CSE:ZAIR) Inc announced that it has granted an aggregate of 6,600,000 restricted share units (RSUs) to certain key executive and non-executive employees in accordance with its Long Term Incentive Plan (LTIP). The RSUs vest in various stages, details of which can be found on the company’s website. Zinc8 also announced that Tom Hodgson has resigned as a director. “I would like to thank Tom for his support and guidance throughout his time with us,” said Ron MacDonald, CEO and president of Zinc8. “His contributions have assisted in setting up the company for its transition towards having a production facility and we look forward to the continued buildout of our strategy. On behalf of the Board and all of Zinc8's employees, I would like to wish him the very best.” Separately, Zinc8 said it has contracted OGIB Corporate Bulletin to provide various corporate communications services for a year for a fee of C$150,000, which will be paid in cash.

The Valens Company (TSX:VLNS, OTCQX:VLNCF) Inc has announced that it will issue its third quarter 2022 financial results for the three months to August 31, 2022 on October 13 this year before market open. The company says it provides proprietary cannabis processing services, in addition to best-in-class product development, manufacturing, and commercialization of cannabis consumer packaged goods. It also manufactures, distributes, and sells a wide range of CBD products in the United States through its subsidiary Green Roads, and distributes medicinal cannabis products to Australia through its subsidiary Valens Australia.

TraceSafe Inc said it has entered into a non-brokered private placement of up to 6,500,000 units at $0.10 each to raise up to $650,000. Each unit consists of one common share and one whole non-transferable common share purchase warrant. Each warrant is exercisable to acquire one share at $0.25 per warrant for a period of 24 months from the closing date.

"We are excited about the opportunities we have in the pipeline, across both sides of the business - IoT and carbon management,” CEO Wayne Lloyd said in a statement.

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