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The Markets
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News snapshot: MGX Minerals, TRACON, ImagineAR, Empower Clinics, Sidus Space, Mindset Pharma UPDATE...

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

NexTech AR Solutions Corp presents an augmented reality and metaverse investment opportunity, as the company is building a niche in the ecommerce market with its 3D modeling initiatives, according to US-based broker Singular Research.

Along with the ‘Buy-Venture’ rating, the analysts issued a 12-month price target of $1.50, 9.5 times the 2023 enterprise value-to-revenue rating.

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ACME Lithium Inc. (CSE:ACME, OTCQB:ACLHF) reported that Hasbrouck Geophysics has successfully completed gravity and Hybrid-Source Audio-Magnetotellurics (HSAMT) surveys at the company’s Fish Lake Valley (FLV) project, in Esmeralda County, in Nevada.

The Vancouver-based mineral exploration company focused on acquiring, exploring, and developing battery metal projects said the gravity survey indicates the presence of a down-dropped basin with interpreted target clay sediments potentially targeting similar illite-smectite units identified in the nearby Rhyolite Ridge lithium deposit.

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ImagineAR Inc. (CSE:IP, OTCQB:IPNFF) announced it is teaming up with SIDEARM Sports, a leading digital fan engagement platform, to deliver immersive college football AR experiences starting in January 2023.

Syracuse, New York-based SIDEARM Sports provides industry-leading software and technology that powers websites, mobile applications, CTV, live stats, video streaming and more for over 1,500 partners.

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Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) has brought its new solar power plant at its Blanket mine in Zimbabwe on stream.

Blanket currently receives its power from ZESA, Zimbabwe's national electricity supplier.

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Condor Gold PLC (AIM:CNR, TSX:COG, OTC:CNDGF) booked a loss before tax for the nine months to the end of September of £1.9mln. The loss for the three month period was £536,000. The company closed out the quarter with £570,000 in cash.

During the period, feasibility study confirmatory metallurgical testwork at the company’s La India project in Nicaragua demonstrated that gold recovery is independent of grade. Accordingly, a fixed gold recovery of 91% assuming a 75 micron grind size is being used in the project economics.

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Diversified Energy Company PLC (LSE:DEC, OTCQX:DECPF) (DEC) raised its annualised quarterly dividend by 3% to 4.375c and said it had closed a fourth debt securitisation this year following the recent acquisition of assets from ConocoPhillips (NYSE:COP).

Average production in the three months to end-September 2022 was 135,000 barrels daily (808mln cubic feet gas equivalent), which DEC said was consistent with its estimated decline rate.

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Imugene Ltd (ASX:IMU, OTC:IUGNF) and partner Estrella Biopharma, Inc, a preclinical-stage biopharmaceutical company, have presented on Imugene’s onCARlytics (CF33-CD19) oncolytic virus in combination with Estrella’s CD19-Redirected ARTEMIS® T cells at the annual meeting for the Society for Immunotherapy of Cancer (SITC).

Dr Anthony Park, from Dr Saul Priceman’s laboratory at City of Hope, presented the poster: 'CF33-CD19t oncolytic virus (onCARlytics) targets hepatocellular carcinoma (HCC) and in combination with CD19- Redirected ARTEMIS® T cells, results in significant tumour killing' at the conference, held in Boston, USA, from November 8-12.

Key findings presented were that:

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Africa Oil Corp (TSX:AOI) said it has bought back a total of 2,074,350 common shares between November 7, 2022 and November 11, 2022 under the previously-announced share buyback program. During that period, the company repurchased 834,350 common shares on the TSX and/or alternative Canadian trading systems and 1,240,000 common shares on Nasdaq Stockholm. Also during that time, Africa Oil cancelled 2,424,960 shares repurchased under the share buyback program. Since September 27, 2022, a total of 15,757,710 Africa Oil shares have been repurchased up to and including November 11, 2022. A maximum of 40,482,356 shares may be repurchased over the period of twelve months commencing September 27, 2022 and ending on September 26, 2023, or until such earlier date as the share repurchase program is completed or terminated by the company, it added.

Looking Glass Labs said it has completed its admission to the Access segment of the AQSE Growth Market and trading will commence on November 14, 2022 under the ticker “NFTX”. The company’s shares will also continue to trade on the NEO Stock Exchange in Canada. “It is a significant achievement to now be able to offer UK-based investors the ability to invest in LGL more easily and directly via its admission to the AQSE Growth Market. AQSE is a great platform for growing companies to access new investors,” said Dorian Banks, LGL’s CEO. “Adding AQSE as a forum for the trading of our common shares in addition to them being available on the NEO Exchange, OTC Market and Frankfurt Bourse is an example of how LGL is striving to bring the business of NFTs and the metaverse to more people around the world,” he added. LGL will have a dual listing with its common shares fully fungible through a CREST Depositary Interest, which will carry the same ISIN as the common shares listed in Canada on NEO. The issued share capital of LGL comprises 129,744,338 common shares.

PyroGenesis Canada Inc. (TSX:PYR, NASDAQ:PYR) announced that it plans to host a conference call at 10:00 AM Eastern Time on Tuesday, November 15, 2022, to discuss its financial results for the third quarter ended September 30, 2022, as well as corporate progress and other developments. To access the conference call, please pre-register using this link: https://register.vevent.com/register/BI3aa5e141a3af444ba0f0f2966120e2b3. Registrants will receive a confirmation with dial-in details.

Logiq Inc. (NEO:LGIQ.AQN, OTCQX:LGIQ) announced it will hold a conference call to review its third quarter 2022 financial and operational results, ended September 30, on Tuesday, November 15, 2022, at 10:30 a.m. Eastern time. The company will release its financial results in a press release prior to the call. Audio Access Link: https://us06web.zoom.us/j/83528915312?pwd=cG5xeXJMYlNSMGl2SmRTRHNmWmMvUT09; Meeting ID: 835 2891 5312; Passcode: 274593; Dial in: +1 646 931 3860.

AmeraMex International (OTCQB:AMMX) has scheduled conference call to review its financials for the third quarter and nine-month period ending September 30, 2022. CEO Lee Hamre and president Brian Hamre will host the conference call on Tuesday, November 22, 2022, at 10:00 a.m. Pacific Time, 1:00 p.m. Eastern Time. The conference call dial-in number for both U.S. and international callers is 1.201.689.8560. Please dial into the conference center five minutes before the call begins and ask the operator for the AmeraMex conference call. An audio replay of the call will be available from November 22, 2022, at 4:00 p.m. Eastern Time until December 5, 2022, at 11:59 p.m. Eastern Time. The replay is accessible by dialing 1.412.317.6671 and entering pin number 13734497.

Co-Diagnostics Inc (NASDAQ:CODX) will be hosting a booth this week at the MEDICA 2022 trade fair in Düsseldorf, Germany from 15-17 November. Attendees interested in learning more about the Company and its products, including its upcoming Co-Dx PCR Home platform, are invited to visit Booth 3D15.

Wellteq Digital Health Inc. (CSE:WTEQ, OTCQB:WTEQF) will host a webcast investor presentation on Wednesday, November 16th, at 10:00 AM ET. During the webcast, Scott Montgomery, CEO will provide an update on Wellteq's announced transaction with Advanced Human Imaging Ltd. The two businesses post-closing will combine to form a technology company that will strive to provide proactive, personalized healthcare solutions for smartphone users. Scott Montgomery the current CEO of WTEQ will become the new CEO of the combined business post-closing of this transaction. Shareholders and investors will also have an opportunity to ask relevant questions through an interactive Q & A portal. To access the webcast or to ask questions during the live event, please pre-register at the following link: https://event.webcasts.com/starthere.jsp?ei=1581196&tp_key=a85b5e1fd8.

BioHarvest Sciences Inc. (CSE:BHSC, OTC:CNVCF) announced that its CEO Ilan Sobel will host an online investor presentation on November 16, 2022. Following the October 25th breakthrough achievement and other important recent developments at BHSC and in the cannabis market, the company invites all interested investors and media to register for this event, where Ilan Sobel will share updated details on the multi-pronged strategy to bring unique cannabis products to the North American market. Please register for the Wednesday, November 16, 2 PM EST/11 AM PST Zoom Conference here: https://us02web.zoom.us/webinar/register/WN_y44ONRvVQ9Ou5bhWtHrvAA. The presentation will be approximately 45 minutes, followed by a live question and answer session. All registrants will be emailed a recording of the session, and any questions regarding the company or the November 16 Webinar can be directed to info@bioharvest.com.

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