[ad_1]
Irwin Naturals Inc has announced that its founder and CEO Klee Irwin will be presenting at the psychedelic Capital conference by Microdose. He will appear in a fireside interview with Microdose founder Patrick Moher. Irwin is leading the company’s foray into psychedelics assisted treatments through the roll-up of ketamine clinics towards establishing the world’s largest chain of clinics offering this ground-breaking and amazingly efficacious treatment. “By leveraging our status as a household brand known by over 100 million North Americans, we are working towards making this amazingly effective treatment more widely available and making this and other effective treatments accessible to those in need, not just to those who can afford it,” said Irwin in a statement. “We currently are witnessing a well above the linear growth rate for mental health issues in North America, and it is clear that conventional methods have only a limited impact. Something needs to happen. This something, I believe, is psychedelics assisted treatment and I am passionately driven to make Emergence by Irwin Naturals people’s trusted go-to partner for these treatments.” Tickets for the online event can be purchased at Microdose Psychedelic Capital.
Marvel Discovery Corp said it has appointed Diana Alvarez as corporate secretary and director with immediate effect. The company has also accepted director Mark Luchinski’s resignation, thanked him, and wished him well in his future endeavours. Alvarez fills the vacancy created. Having worked for some of the leading law firms in Vancouver, Alvarez is well versed in corporate compliance, governance and administration of public traded companies, said the company.
Canada Silver Cobalt Works Inc, a northern Ontario exploration and development company, held its annual general meeting Wednesday, and announced that directors CEO Frank Basa, COO Matthew Halliday, Jacques Monette and Dianne Tookenay were reelected. Adoption of the company’s 10% rolling share option plan was also ratified and approved. Basa, Monette and Tookenay were re-appointed as members of the audit committee for the upcoming year, and the company retained McGovern, Hurley, Cunningham, Chartered Accountants as its auditors.
Electra Battery Materials Corporation (TSX-V:ELBM, NASDAQ:ELBM) has announced the appointment of Joseph (Joe) Racanelli, a 20-year veteran of the capital markets, as its vice president of investor relations. Working closely with CEO Trent Mell, the company said Racanelli will oversee its engagement with shareholders and the investment community, helping to build profile and visibility of the company’s vision of becoming North America’s first fully-integrated battery materials park for the electric vehicle industry. “Joe brings a wealth of experience with sell-side and buy-side equity analysts, deep knowledge of capital markets, and a strong network of relationships across the mining sector,” Mell said in a statement. ”His strategic communications and analysis capabilities will be a great asset as we strengthen and raise awareness of the Electra brand with our broad, diverse community of stakeholders.”
ION Energy Ltd’s flagship Baavhai Uul lithium project in Mongolia has promising potential to be a future supplier to the electric vehicle (EV) industry, according to analysts at Couloir Capital who have reiterated their ‘Buy’ rating for the company. In a research note, analysts wrote that ION’s maiden auger drilling program at Baavhai Uul had returned a number of high-grade lithium highlights and significant copper and nickel values, opening up the possibility of developing other EV-related minerals at the property. They noted that the company has also commenced drilling at its Urgakh Naran property, with early indications pointing to high-grade lithium potential.
Jushi Holdings Inc said it is confident of achieving “accelerated growth and profitability” in the remainder of 2022 after an expansion in its retail presence drove a 48.5% year-on-year increase in revenue in the first quarter. A challenging operating environment led to a quarter-on-quarter fall in revenue in the first three months of 2022, and the cannabis company announced a “modest” downwards revision of its full-year guidance. “Despite the seasonal weakness in the first quarter and a series of challenges including the loss of store hours due to Omicron, snowstorms, and the Pennsylvania distillate cartridges recall, I am pleased with our first quarter performance and the progress we have made in positioning our business for the long term,” Jim Cacioppo, CEO, chairman, and founder of Jushi said in a statement.
EverGen Infrastructure Corp has posted revenue of C$1.4 million for the three months ended March 31, 2022, boosted by the recognition of insurance proceeds during the quarter. The renewable natural gas company said revenue for the first quarter was “relatively in line” with the C$1.6 million it reported a year ago, taking into account seasonal fluctuations, and exceeded management’s expectations. “EverGen is in a strong position to expedite growth as Canada’s RNG infrastructure platform and we have continued to deliver on our goals,” said CEO Chase Edgelow in a statement.
Vox Royalty Corp has reported record revenues and gross profit in the first quarter ended March 31, 2022. Revenues for the quarter reached $1,471,019, a 172% increase from the corresponding quarter of 2021, while gross profit hit $1,164,293 for the quarter, both at a record high. “The first quarter of 2022 was incredibly productive for Vox, with record quarterly revenues and gross profit, significant organic growth in development stage assets and the progression of an initial application to list on the Nasdaq Stock Market,” said the company’s CEO Kyle Floyd in a statement. “I am excited about the next chapter of the company’s corporate development — a period of expanded investor awareness and rapid organic growth from five to 10 producing assets by late 2023. During these uncertain inflationary and macroeconomic times, Vox continues to deliver sector-leading returns on deployed capital through its differentiated and disciplined royalty strategy and presents as a strong outlet for investors to counter many inflationary pressures,” he added.
Ready Set Gold Corp has announced the appointment of Christopher Reynolds to its board of directors effective May 24, 2022, and also announced the resignation of Christian Scovenna from its board. The company said that Reynolds has been investing in the natural resource sector for over 10 years delivering solutions for corporate structure, strategy, and communications for small-cap juniors. He was an instrumental part in the incubation of Lithium Consolidated Mineral Exploration, which went public on the ASX in 2017. He started his career at Longview Capital Partners in corporate development, then worked as an Investment Advisor at Mackie Research. He is currently the founder of Progenitor Metals Corp. Ready Set Gold thanked Scovenna for his valuable contribution to the company and wished him well in all of his future endeavours.
Snowline Gold Corp told investors it had increased its footprint in the Yukon to 1,273 square kilometres (sq km) by staking new claims, solidifying its competitive advantage in an emerging gold district. The company has expanded its wholly-owned Rogue and Cynthia projects in east central Yukon through staking 1,172 new claims over 232 sq km. “Our successful exploration campaign in 2021 demonstrated a high level of mineral potential in a previously underappreciated and sparsely explored region,” said Scott Berdahl, CEO of Snowline in a statement. “It cements our first-mover position as we aim to explore not just a discovery, but a potential new gold district. Our soon-to-begin 2022 exploration program will build on last season’s discoveries alongside first-ever drill testing of multiple new targets,” he added.
LexaGene Holdings Inc announced that a large veterinary animal health corporation has purchased two of LexaGene’s MiQLab Systems for two of its locations. The molecular diagnostics company said the MiQLab System is designed for in-clinic use, requires less than a minute to initiate sample processing, and returns results on the presence of 10 different pathogens and 33 markers for antimicrobial resistance in just two hours. “We believe that our technology will add sufficient value to their business to justify a more aggressive adoption of the MiQLab System throughout their organization,” LexaGene Holdings CEO Jack Regan said in a statement.
Tartisan Nickel Corp has revealed that the company has started construction on an all-season access road for its flagship Kenbridge Nickel project in the Kenora Mining District, Northwestern Ontario. The Toronto-based based mineral exploration company said its Kenbridge Nickel project is located via the Trans-Canada Highway, 10.2 kilometers (km) from the town of Sioux Narrows. The Maybrun Mine Road turnoff is the primary access to the Kenbridge Nickel project. According to the company, there’s a 13.1 km brush road into the Kenbridge Nickel project from the Maybrun staging area. Tartisan said it has received the necessary work permit from the Ministry of Northern Development, Mines, Natural Resources and Forestry for road maintenance and all necessary upgrades, including “brushing, ditching, graveling, and installing culverts.”
Pathfinder Ventures Inc has announced a strong start to the summer camping season with all three of its RV camp resorts in British Columbia, Canada, reaching 100% occupancy over the Victoria Day long weekend. Pathfinder owns Pathfinder Camp Resorts Agassiz-Harrison, Pathfinder Camp Resorts Parksville, and the contract to operate Fort Camping in Fort Langley, totalling 324 bookable sites across the three locations. The company noted that the Victoria Day long weekend, which fell on May 20-23 this year, was the unofficial kick-off to summer camping.
Sonoro Gold Corp has revealed new high-grade intercepts from its Cerro Caliche gold project in Mexico. The intercepts are located outside of the pit shells used to calculate the mineral resource estimate on the property, Sonoro told shareholders. Highlights from the results include 21.34 metres (m) averaging 0.55 grams per tonne (g/t) gold, including 3.04m averaging 1.52 g/t gold in one hole.
Arizona Silver Exploration Inc has announced that drilling at its Philadelphia project in Arizona’s Mohave County has extended the strike of high-grade gold-silver mineralization. The precious metals explorer said assays have been returned for two holes with two further holes in the laboratory as drilling continues. “All of the assayed holes in this program have intersected potentially economic grade mineralization,” vice president for exploration Greg Hahn said. “The two new holes demonstrate how quickly the epithermal vein system changes with depth from no vein at the “shark fin”, to a narrow vein 45 metres below the outcrop (PC22-89), to a thick vein interval 35 metres deeper (PC22-90). The vein continues to depth, with intercepts in holes PC22-88 and PC22-91 – with assays outstanding.”
Nextleaf Solutions Ltd announced that it has been granted a patent for its foundational process for producing high-purity CBD and THC ingredients by the Jamaica Intellectual Property Office, adding to the company’s robust intellectual property (IP) portfolio. The company said it has been issued 18 US patents and more than 95 patents globally on cannabinoid processing, including extraction, distillation, and acetylation, as part of its global IP strategy to protect the means to produce standardized cannabinoid-based products at scale within a regulated market. Medical cannabis is legal in Jamaica and the possession of small amounts of marijuana was decriminalized in 2015, according to Nextleaf.
Northstar Gold Corp announced that it has begun a borehole geophysics program on its 100%-owned Miller Gold property, which is situated 18 kilometres southeast of Kirkland Lake, Ontario. The gold exploration company said seven boreholes totaling 2,100 metres (m) will be surveyed in the vicinity of the Allied Syenite to facilitate step-out drill hole targeting of new discoveries made in drill holes such as MG20-49, which intersected 1.4 grams per tonne (g/t) gold over 118.5m.
Perk Labs Inc, which is helping restaurants transition to the digital economy through its Perk Hero platform, revealed that it has signed a franchise agreement for the territory of Downtown Toronto. The Vancouver, British Columbia-based company is the owner of Perk Hero, a mobile commerce platform aimed at empowering business owners with the digital tools to make customer experiences more engaging and convenient. “We are delighted to be expanding into the Toronto area. Our whole team invested a substantial amount of effort into our product over the last few months to set us up for scalability on the East Coast,” said Perk Labs interim VP of sales, Justin Strange, in a statement. “We’ve received substantial interest in Toronto and the surrounding area from both prospective franchisees and restaurants and we are energized by the prospect of bringing our solution to so many great operations in the Toronto area.”
Fabled Copper Corp has released more results from the 2021 surface fieldwork on its Muskwa Copper project, revealing “massive chalcopyrite mineralization” at the Davis Keays Eagle Vein. Underground inspection of the 6950 level of the vein showed significant mineralization at the exact location where past underground sampling reported high-grade values, the company said. Mapping was performed over a distance of 935 meters, where the first 300 meters were a 6-foot ice plug, which decreases in depth deeper into the workings, the company said, adding that the 3-meter-wide Eagle vein was well-defined in photos.
BioSig Technologies Inc has announced that its flagship technology will be featured during EPlive, a hybrid event taking place at St. David’s Medical Center in Austin, Texas from June 2-3, 2022. EPLive is a two-day intensive educational meeting for practicing clinical cardiac electrophysiologists, electrophysiologist fellows and general cardiologists who have an interest in treating complex cardiac arrhythmias. During the event, BioSig will be exhibiting and offering technology demonstrations, including features of its newly released PURE EP NOVA-5 Software. Enhanced with NOVA-5 Software, the Company believes that the PURE EP System delivers a new standard in signal processing, offering greater customization and smarter workflows. Additionally, the Company will showcase the next generation of PURE EP Software Modules currently in advanced development stages. The concept for EPLive was first created and developed by Dr Andrea Natale, Cardiac Electrophysiologist at St. David’s Medical Center in Austin, Texas. As an internationally respected physician and leader in the field of cardiac electrophysiology, Dr Natale is passionate about education, training and knowledge sharing when it comes to delivering the best possible care to arrhythmia patients. As the first center to commercially adopt the PURE EP System, Dr Natale and the physicians at Texas Cardiac Arrhythmia Institute (TCAI) have performed over 500 cases with the PURE EP System since its installation in November 2019. “We have spent approximately thirteen years working in collaboration with the physicians at TCAI to bring this important innovation to market. Our collaboration with this center of excellence has supported our company in so many positive ways and we are excited to participate in this great event,” commented Kenneth L. Londoner, chairman and CEO of BioSig Technologies. Investors can register to attend the EPLive event, via the following link: https://www.ep-live.com/ep-live-austin/
Gratomic Inc has revealed an update to its 5,000-metre drill program at the Capim Grosso graphite project in Brazil. The Toronto-based company said it had drilled an additional 130.2 metres for a total of 2,178 metres completed to date. So far, Gratomic has sunk 18 diamond drill holes at the property, with another two holes currently in progress.
NioCorp Developments Ltd has announced that Peter Oliver, a 30-plus year veteran of the mining and critical mineral processing industry, is joining the company’s board of directors. The company said Oliver brings decades of experience in resource development, critical minerals processing, mergers and acquisitions as well as project financing to its leadership team. With a background in chemistry, Oliver served for 18 years at Talison Lithium, including 12 years as CEO/MD and then as non-executive director.
Dalrada Corporation, which offers services and products in climate, technology and health, has reported a 252% increase in revenue in its third quarter compared to the year-ago period. The group, whose divisions include Dalrada Health and Dalrada Technologies, said revenue in the three months to end-March was $5.6 million, up from $1.58 million in Q3, fiscal 2021. The uplift was mainly due to the firm’s COVID-19 testing segment and the sale of its Likido ONE and LikidoCRYO products, the company said.
Copper Fox Metals Inc said a high-resolution airborne magnetic and radiometric survey on its 100% owned Mineral Mountain copper project east of Florence, Arizona has identified two new exploration targets. The airborne data maps the geophysical characteristics related to the distribution and concentrations of magnetic minerals and radioactive elements within the project area. “The strong spatial correlation between the copper-molybdenite mineralization, chargeability anomaly, alteration pattern and interpreted late-stage felsic intrusives all located within the large, Th/K anomaly provides significantly better information on which to base a future drilling program,” Elmer B Stewart, president, and CEO of Copper Fox said in a statement.
Psyched Wellness Inc said it has received C$226,500 from the sale of two properties in northwestern Ontario’s Red Lake District. The company said the properties represent two of seven non-core assets it holds as a result of the legacy business of Duncan Park Holdings, the shell company it used to list on the CSE. It has an additional five properties listed for sale in the area at various price ranges. “When we took over Duncan Park Holdings to list Psyched on the CSE in October 2020, we made the decision to maintain the mining properties in Red Lake in the hopes that mining in the region would become economically viable again,” CEO Jeffrey Stevens said in a statement.
GlobalBlock Digital Asset Trading Ltd has announced that GlobalBlock Europe, UAB (GBE), its European Union-based and Lithuanian incorporated subsidiary, is operationally ready. Effective today, May 25, 2022, the company said its digital asset brokerage and trading services business is being operated by GBE, which acts as a Virtual Asset Service Provider (VASP) – a virtual currency depository wallet operator and virtual currency exchange operator. GlobalBlock noted that GBE has completed all the necessary legal and regulatory steps required to operate from Lithuania, including the appointment of an experienced Money Laundering Reporting Officer (MLRO). The company’s VASP registration and MLRO have been in place ahead of schedule and new clients continue to onboard with GBE, while existing clients have been transitioned across.
The Valens Company Inc said it has seen its market share grow in all product categories in the six months to April 2022, in comparison to its top 10 competitors who have collectively seen declines during the same period. The leading manufacturer of branded cannabis products was able to grow its overall market share by 90 basis points to 3.4% in April 2022 from 2.5% in November 2021 through products that continued to “resonate with consumers”, said Valen CEO Tyler Robson in an update to investors. “We continue to expand our recreational market share as we develop strength within our brand portfolio,” he added.
enCore Energy Corp said it has acquired 11,308,250 common shares of Future Fuel Corporation, formerly Evolving Gold Corp, taking its ownership in Future Fuel to 15.9% from nil previously. The shares were issued to enCore following a property transaction in which Future Fuel acquired the company’s interest in the Ceboletta project located in New Mexico. The company said it may change its beneficial ownership of Future Fuel’s securities either through the open market or through private agreements, subject to a number of factors, including general market conditions and other available investment and business opportunities.
Endeavour Mining PLC, the largest gold producer in West Africa, has published its 2021 sustainability report with key environmental, social and governance (ESG) highlights. The company said its total economic contribution to host countries doubled over the prior year to U$2.0bn. Around 80% of its total procurement was in-country, while 95% of its workforce, and almost half of its senior operational management, are nationals. “2021 was a transformational year for Endeavour as we became West Africa’s leading gold producer,” said president and chief executive Sebastien de Montessus. “Our continued growth has allowed us to leverage our scale to build an ambitious and impactful ESG strategy.”
In a separate statement, Endeavour Mining said that all resolutions were duly passed by the company’s shareholders at its annual general meeting (AGM) held on Tuesday, May 24, 2022, where Micheal Beckett stepped down as its chairman. Sebastien de Montessus, Endeavour Mining president and CEO, commented: “Michael Beckett has played an invaluable role in Endeavour’s transformation into the leading global gold producer we are today. On behalf of us all at Endeavour, I would like to thank him for his outstanding contribution and leadership. On a personal level, I am grateful for the mentorship and support that Michael has offered me throughout this period. His breadth of knowledge has been indispensable, and we all wish him the very best on his retirement. I would also like to welcome Venkat as our new Chair, and I look forward to working closely with both him and Ian Cockerill, our new Senior Independent Non-Executive Director, as they join our Board.” While Resolution 13, to approve the Directors’ Remuneration Policy, received support exceeding 90%, the Board notes that Resolution 14, to approve the annual report on directors’ remuneration contained in the Directors’ Remuneration Report, received approximately 70% support. Endeavour said it will therefore continue to engage with shareholders in the coming months and will publish an update on that engagement within six months of the AGM.
Goldshore Resources Inc said that an application by Lakehead University for an educational and public tri-party Alliance grant for its partnership with The Natural Sciences and Engineering Research Council of Canada (NSERC), non-profit research organization MITACS and Lakehead University has been granted, including C$83,750 for 2022 and C$76,250 for 2023. Vancouver-based Goldshore noted that the Alliance grant encourages university researchers to collaborate with partner organizations – in this case, Goldshore Resources – which can be from the private, public or not-for-profit sectors. Additionally, it said the grants support research projects led by strong, complementary, collaborative teams that will generate new knowledge and accelerate the application of research results to create benefits for Canada.
QC Copper and Gold Inc has announced that in partnership with the YMP (Young Mining Professionals ) Scholarship Fund it has renewed its Quebec Indigenous Mining Scholarships and the Northern Quebec Mining Scholarships for 2022. QC Copper & Gold will be awarding $10,000 within four scholarships. Two $2,500 scholarships to exceptional indigenous students enrolled in a mining-related program at a French-language post-secondary institution in Quebec, and two $2,500 scholarships to outstanding students enrolled in a mining-related program at a French-language post-secondary institution in Quebec. “QC Copper and YMP Scholarship Fund are very pleased to support initiatives that encourage Quebec, Canadian and Indigenous students to develop their education in the natural resource sector. The mining and exploration industry faces a substantive talent gap, and we are proud to support STEM and earth sciences education. Given that our industry is the largest employer and a primary partner of these communities, it is critical to engage all Indigenous communities and encourage their involvement in the extractive industries,” said Stephen Stewart, CEO of QC Copper & Gold and chairman of YMP and its Scholarship Fund.
Forward Water Technologies Corp has announced that Howie Honeyman, its president and CEO, as well as Grant Thornley, vice president of Engineering Sales will be attending the 10th Annual BlueTech Forum in Vancouver from June 6 to June 8, 2022, offered through Foresight and BlueTech Research with support from NRC IRAP’s CleanTech Sector Team. Honeyman commented: “Blue Tech Research is a leading water expertise group monitoring multiple and detailed trends and new technologies within the global water landscape. Forward Water is excited to both learn and provide insight into these viewpoints.” The BlueTech forum, being held at the Vancouver Convention Centre, is a boutique industry event that is held in support of the world’s leading water technologies companies, entrepreneurs, and investors from leading research centers. The event brings forth discussion on the growing water crisis and seeks out professionals from around the world to focus on accelerating the drive towards best practice in water management and net-zero carbon emissions. Forward Water said it is proud to present its patented forward osmosis solution that has the potential to significantly reduce water usage in many mining industrial use applications.
Avalon GloboCare Corp has announced that Dr David Jin, the company’s president and chief executive officer, and Luisa Ingargiola, its chief financial officer will be presenting at the Jefferies 2022 Healthcare Conference which is being held on June 8-10, 2022 in New York City. Avalon management is scheduled to present on Friday, June 10, 2022, at 12.45pm ET. Management will also be available for one-on-one meetings with investors during the conference.
OTC Markets Group Inc, the operator of regulated markets for 12,000 US and international securities, has announced that Sierra Madre Gold and Silver Ltd, a mineral exploration company, has qualified to trade on the OTCQX Best Market and has today upgraded from the OTCQB Venture Market under the symbol SMDRF. The OTCQX Market is designed for established, investor-focused US and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market from the OTCQB Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among US investors. “We are pleased to announce that Sierra Madre has met the requirements to graduate from the OTCQB Venture Market and its shares will now trade on the OTCQX Best Market,” said Alex Langer, CEO of Sierra Madre Gold and Silver. “We have strong US investor support and we continue to increase our marketing and investor awareness campaigns in Canada, the US and Europe. Trading on the OTCQX is a key element in attracting US retail investors.”
[ad_2]
Source link