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NA Proactive news snapshot: Numinus Wellness, Vuzix, Falcon Gold, Champion Gaming …


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

Numinus Wellness Inc reported a big jump in its 1Q 2022 revenue just as Health Canada has expanded its Special Access Program to enable easier access to psychedelic-assisted therapy. The mental healthcare company saw its revenue grow by 245% to $0.8 million during the three-month period ended November 30, 2021.  Numinus attributed much of the growth to its acquisition of Canadian healthcare start-up Mindspace Wellbeing that closed last year.

Vuzix Corporation (NASDAQ:VUZI) announced that its smart glasses have started to support Microsoft Endpoint Manager to manage devices that run on Android Open-Source Project (AOSP). The Rochester, New York-based company said that Microsoft Endpoint Manager has the ability to manage devices that run on AOSP, a solution that quickly solved the problems of many of Vuzix’s enterprise-level customers. “One of our biggest focal points as a group is to offer streamlined, purpose-built solutions to solve very specific problems and a significant challenge in organizations is mobile device management when onboarding glasses,” said Pano Spiliotis, managing director of Vuzix Custom Solutions in a statement. 

Falcon Gold Corp (TSX-V:FG, OTC:FGLDF) announced that it has received final TSX Venture approval to move ahead on the option to acquire the Viernes project, 122 kilometres (km) southeast of Antofagasta City in Chile. The company said the project presents a “tremendous opportunity to explore for potential bonanza-grade with epithermal low to intermediate sulfidation gold-silver, and porphyry copper-molybdenum mineralization in one of South America’s greatest mineral endowed Paleocene-Eocene belts”.

CleanSpark Inc (NASDAQ:CLSK) has released a statement responding to Thursday’s congressional hearing on crypto mining entitled:  ‘Cleaning Up Cryptocurrency: The Energy Impacts of Blockchains’.  “We are at the precipice of a lifetime opportunity to develop energy. And that’s because of Bitcoin,” said the company. “While it is true that bitcoin mining consumes a lot of energy, the energy it consumes is transparent and knowable in almost real-time. Bitcoin mining is also leading to the development of new energy infrastructure by allowing for a faster payback on renewable energy projects such as solar and wind. CleanSpark added: “The question for regulators isn’t about how much energy bitcoin uses, but about what kind of energy it uses. We believe that bitcoin miners can be partners in the important work of decarbonizing our economy.”

Champion Gaming (TSX-V:WAGR) Group Inc has announced the development of the Historical NFL Coaches Aggressiveness Index. The move coincides with the 20th anniversary of the advent of predictive data and analytics with the creation of EdjSports and Football Outsiders, the company noted. Both EdjSports and Football Outsiders were acquired by Champion Gaming (TSX-V:WAGR) in 2021. Toronto-based Champion said the new index compares how often coaches attempt to gain a first down in different fourth down situations against the historical average (measured at 1.0) of how often coaches have tried to convert on fourth down in those situations in the past.

Alpine 4 Holdings Inc announced that its Quality Circuit Assembly Inc (QCA) subsidiary has secured $1.2 million of new purchase orders, increasing its backlog to over $2.6 million for January 2022. The Phoenix-based tech company said the customers range from electric vehicle (EV) manufacturers to medical device manufacturers to 3D printing and robotics customers. “What a great way to start the year. At QCA, we have a highly-skilled yet stable workforce, which by itself has given QCA a competitive advantage with Fortune 500 customers over the past three decades,” Alpine 4 CEO Kent Wilson said in a statement. “When coupled with our vast certifications and quality assurance programs, QCA competes well even with the bigger players in the business.”

Ayurcann Holdings Corp said it has been growing exponentially throughout Canada, as it entered new markets and increased sales in 2021. The cannabis company said that it sold THC and CBD distillate containing over 1 billion milligrams of cannabinoids into the Canadian market for vapes, tinctures, topicals and edibles, working with top-selling brands throughout Canada in 2021. Ayurcann entered Saskatchewan in December with Fuego vapes and Vida high potency oils, which were ranked as the second and fourth top-selling vapes in the province, the company said. The Toronto-based company is planning to enter the Ontario, Manitoba, Alberta, and New Brunswick markets with its top-selling Fuego vapes, Vida tinctures, and glow topicals.

Victory Square Technologies Inc (CSE:VST, OTCQX:VSQTF) has outlined its objectives for the coming year after a busy 2021 saw it accumulate 25 portfolio companies. “With real skin in the game and strong insider ownership, management is aligned with investors,” Victory Square wrote in a corporate update. “We drive value by monetizing investments and reinvesting the gains in new innovations. With a basket of 25 portfolio companies, six are now hitting liquidity events,” it added. In 2022, the technology accelerator said it is focusing on spin-offs, Web3, Digital Health, climate tech and “a healthy share price.”

Ximen Mining Corp (TSX-V:XIM, OTCQB:XXMMF) said it has arranged a strategic investment of just over C$2.5 million at a 42.5% premium to the firm’s current share price. The private placement came via the issuance of 8,893,635 charity flow-through shares and are priced at $0.285 per share for total gross proceeds of $2,534,686. Ximen said it plans to use the proceeds to explore its British Columbia mineral properties. The Vancouver-based company told investors it is prepared for an “active” exploration season this year with several drill permits in place.

Water Tower Research has initiated coverage on lithium-ion battery manufacturer Electrovaya, calling it “uniquely positioned to leverage the rapid growth in lithium-ion battery demand.” Investors can access the full report here: https://www.watertowerresearch.com/content/powering-ahead-with-lithium-ion-batteries-for-material-handling-and-electric-vehicles/teaser?utm_campaign=elts&utm_medium=social&utm_source=social

Water Tower Research has also published its weekly Mat-Chem industry report, which can be accessed here: https://www.watertowerresearch.com/content/mat-chem-notes-for-the-week-ended-january-16-2022/teaser?utm_campaign=elts&utm_medium=social&utm_source=social

CareRx Corporation (TSX:CRRX) said it has expanded the scope and product offering of its medical supplies business under a new brand, Revicare. The Toronto-based provider of pharmacy services to senior living communities said Revicare will offer a significantly expanded assortment of medical supplies, including incontinence products, nutritional supplements, wound care products and other general medical supplies. The company noted that it currently operates a successful incontinence supplies business under the brand ClassMed that predominantly supplies incontinence products to residents living in select seniors living communities.

Therma Bright Inc (TSX-V:THRM, OTC:TBRIF) has said its US clinical performance study is underway. Once the clinical data has been completed and tabulated, the final results will be reported to the marketplace and the US Food and Drug Administration (FDA) for emergency use authorization consideration, the company said. “Our goal is to complete this study in January 2022 within the 300 participants range per our IRB [institutional review board] Clinical Trials dashboard,” Rob Fia, CEO of Therma Bright said. “With the rapid spread of the Omicron variant, our clinics and their labs have been overwhelmed with a massive wave of COVID-19 RT PCR testing.” He added: “This has caused delays in receiving these lab-based tests for several days, thus slowing down the process in matching each participant’s AcuVid COVID-19 Rapid Antigen Saliva Test with their specific RT PCR test.”

i-80 Gold Corp has taken a further step in its bid to become a mid-tier gold producer in Nevada by awarding the contract to study a restart at the autoclave processing facility at its Lone Tree property in the US state. An autoclave is where a pressure oxidation process is carried out to prepare ore for conventional gold extraction. i-80’s Lone Tree asset includes an autoclave, floatation circuit, tailings compound, and heap leach facility. Hatch Ltd has been hired to carry out the engineering study, which will see a pre-feasibility study level review of all aspects necessary for the autoclave restart.

Tiidal Gaming Group Corp (CSE:TIDL) announced that its wholly-owned subsidiary Sportsflare has struck a partnership with EveryMatrix Group to integrate Sportsflare’s proprietary betting solutions into EveryMatrix’s technology platform. With over 120 clients across several countries and multiple licenses in various regulated markets, EveryMatrix focuses on delivering iGaming solutions for casino operators, sportsbooks, and betting-related affiliate companies. As a result of the partnership, Tiidal Gaming said EveryMatrix will integrate Sportsflare’s esports Betbuilder into its OddsMatrix solution.

BetterLife Pharma Inc (CSE:BETR, OTCQB:BETRF) said it has received a positive written response from the US Food and Drug Administration (FDA) to its pre-investigational new drug (pre-IND) application for the treatment of major depressive disorder (MDD) with BETR-001. The company said BETR-001 (2-bromo-LSD, formerly TD-0148A) is a non-hallucinogenic derivative of lysergic acid diethylamide (LSD) and is currently undergoing IND-enabling non-clinical studies and GMP manufacturing for clinical trials. It said the FDA response is in general agreement with the company’s planned program for the development of BETR-001 and provided guidance regarding the BETR-001 IND-enabling nonclinical toxicology studies, its manufacturing strategy, and initial proposed clinical trial parameters.

Wishpond Technologies Ltd announced that it has completed the integration of its Brax business, which the company acquired in September 2021. Wishpond said Brax, an ad management software solutions provider, is “on track to grow organically” with an expanded sales team and having adopted Wishpond’s outbound sales best practices.

Playgon Games (TSX-V:DEAL, OTCQB:PLGNF) Inc., a Software-as-a-Service (SaaS) company delivering mobile live dealer technology to online gaming operators, announced that it has gone live with four new operators now offering its Live Dealer games to their global clients. With the new additions, the company noted that a total of 30 operators are now utilizing its technology, with an additional five operators in the queue at various stages of onboard testing. “We are very pleased to welcome four new operators into the Playgon family. They are impressed with our technology and are already contributing to player activity on our platform,” Playgon CEO Darcy Krogh said in a statement. “We continue to hear positive reviews from operators seeking new and innovative content and our mobile Live Dealer solution is a prime example of that as we continue to garner interest in the online gaming community. Momentum continues to grow in player activity on a month over month basis, and we are on track for a record 2022.”

ElectraMeccanica (NASDAQ:SOLO) Vehicles Corp said it has appointed Kim Brink as the company’s new chief revenue officer. Brink brings over two decades of global agency and C-suite expertise to ElectraMeccanica (NASDAQ:SOLO), the company said. Most recently, she was the global chief operating officer and executive committee chair at GTB, a global leading marketing agency dedicated to Ford Motor Company (NYSE:F) and its retail dealers. “As we rapidly scale the production of our vehicles resulting in accelerated commercial deliveries of our iconic SOLO EV nationwide, the addition of a chief revenue officer is part of our natural growth trajectory,” said Kevin Pavlov, CEO of ElectraMeccanica (NASDAQ:SOLO) in a statement.

MAS Gold Corp (TSX-V:MAS, OTCQB:MSGCF) has announced the commencement of a drill program on its Preview-North property and Comstock’s Preview SW property in the La Ronge Gold Belt, Saskatchewan. MAS Gold said the 8,000-meter (m) program was initiated on the North Lake Deposit and will also include drilling at both the Preview SW Deposit and the Point Deposit later in the program. Drilling on the Preview SW property is subject to a proposed agreement under which Comstock has agreed to sell 100% of its interest in its Preview SW gold deposit and property to MAS Gold in consideration of the issuance of 30 million common shares in MAS Gold.

Canntab Therapeutics Ltd (CSE:PILL, OTCQB:CTABF) has announced the official launch of its online eCommerce platform and website at www.Canntab.ca making medical grade THC and CBD accessible for Canadians. The Toronto-based company, which makes a suite of hard pill cannabinoid formulations in multiple doses and timed-release combinations, said its website provides Canadians with an opportunity to source medical THC and CBD in a “pharmaceutical-grade hard tablet”. The Canntab tablet provides patients with many added benefits including ease of use, higher effectiveness, and exact dosage, said the company. The firm added that it is now able to script patients directly online, take in existing or new prescriptions from doctors, or even share a prescription with another licensed producer.

The Valens Company (TSX:VLNS, OTCQX:VLNCF) Inc said its Green Roads subsidiary has announced the launch of its first-ever brand campaign “Own the Day”. Valens, which is Canada’s largest provider of cannabis services specializing in extraction, formulation, and product development, said the campaign celebrates Green Roads’ products and their ability to help consumers with “stress, sleep, muscle and joint pain, relaxation, and focus”. Green Roads also relaunched its direct-to-consumer eCommerce experience to prominently carry the “Own the Day” campaign with Green Roads wellness products messaging.

Boosh Plant-Based Brands Inc (CSE:VEGI, OTC:VGGIF) has announced the launch of its appetizer line Amuse Boosh, inspired by the French term amuse-bouche, which refers to a small appetizer and translated means ‘mouth amuser’. The Vancouver, British Columbia-based company said the new line is a perfect way to spotlight its recently acquired brands Saltspring Harvest Végé-pâté and Dips, and Pulse Kitchen Plant-Based Cheese under one fun, vibrant Boosh brand. The Amuse Boosh line will include Almond Feta with Oregano and Olives, as well as a Merlot and Peppercorn Pate and compliments its original flavours that consumers have come to love from Pulse Kitchen and Saltspring Harvest, the company added.

BioHarvest Sciences Inc has announced plans to build a production facility in Ontario as part of the next phase in the global expansion of its cannabis vertical. The Vancouver, British Columbia-based company said it is exploring opportunities to acquire an existing licensed facility or a licensed producer, which would enable it to use its BioFarming technology to produce and then sell unique cannabis products into the Canadian market. ”Our BioFarming technology not only enables the production of full-spectrum cannabis without growing the plant but also creates unique new patentable and consistent compositions that will have corresponding human utility value,” BioHarvest CEO Ilan Sobel said in a statement. The company also announced that it has also moved its production of full-spectrum cannabis biomass to industrial-scale bioreactors, which is a critical final step in ensuring adequate production levels for commercialization. It noted that the full-spectrum, pesticide-free, non-genetically modified biomass is based on its proprietary BioFarming technology that produces cannabis without growing the plant itself.

MedX Health Corp revealed that it is now offering its DermSecure screening services at the Medicure (TSX-V:MPH) clinic in Mississauga, Ontario – the first launch of its platform in a blended physician and pharmacy clinic setting in Canada. Under the tie-up, Medx’s scanning services are now available to the clinic’s 5,000 existing family physician patients as well as walk-in patients through the on-site pharmacy. Up to now, the medical device firm has been focused on multiple verticals, such as Medical Clinic and Building Hubs, Pharmacies, Medical Scanning Clinics, Esthetics and Skin Care Clinics. “Our partnership with the Medicure (TSX-V:MPH) Clinic provides early and rapid detection of melanoma and improves patient outcomes in a burdened healthcare climate,” said Naman Demaghlatrous, MedX’s managing director in a statement.

VolitionRx (NYSE-A:VNRX) Limited has announced the results of two large clinical studies, which show that the company’s flagship Nu.Q assays, when used in conjunction with the Fecal Immunochemical Test (FIT), can detect colorectal cancer and all high-risk advanced adenomas in symptomatic patients, and thereby reduce unnecessary colonoscopies. The Austin, Texas-based epigenetics company said the studies also demonstrated that the company’s Nu.Q assays can improve the detection of high-risk adenomas in asymptomatic patients. In a statement, principal investigator Professor Han-Mo Chiu from the National Taiwan University, said: “We are enormously encouraged by the findings of these two studies. Not only do they show that using Nu.Q assays in combination with FIT can potentially reduce unnecessary colonoscopies by up to 28% in patients with gastrointestinal symptoms, the studies also show that this dual approach could be used more widely to improve the effectiveness of FIT-based screening programs targeting asymptomatic patients.”

Plurilock Security Inc said its wholly-owned subsidiary, Aurora Systems Consulting Inc has received a US$239,000 order from the US Department of the Navy as part of the National Aeronautics and Space Administration’s (NASA) solution for enterprise-wide procurement (SEWP) program, a US government-wide acquisition contract vehicle (GWAC). According to the purchase order, Aurora will provide the Department of the Navy with hardware and maintenance support. The department is a military defense agency that works to keep the seas open and free and to protect and defend America’s interests. Including the latest order, Plurilock said all contracts and orders announced by it and its subsidiaries since January 1, 2022, represent a combined total of roughly US$547,000 in sales.

Nextech AR Solutions Corp said it has launched its ARitize 3D Software-as-a-Service (SaaS) offering to the public. The Vancouver-based company said it has now extended 3D model creation to an “unlimited list” of customers looking to scale the creation of 3D models in a cost-effective manner. The product was first released as a Beta version in November 2021. Nextech told investors that it believes it is the first to market with a self-service AR SaaS platform for eCommerce. “This is an extremely exciting time for Nextech, as the launch of our ARitize 3D SaaS solution for eCommerce is now available to the masses. We are poised to become the world’s leading 3D + AR model factory,” NexTech AR CEO Evan Gappelberg said in a statement.

Viscount Mining Corp (TSX-V:VML, OTCQB:VLMGF) has unveiled the first exploration results from the TiCup target at its Cherry Creek project, where operating partner Centerra Gold is conducting a sampling program. The maximum rock sample for silver was 83.4 ounces per ton (oz/t), or 2,860 grams per ton (g/t), while the maximum silver value in soils was 28.1 g/t. Forty-six rock samples were greater than or equal to 50 g/t silver, with 10 rock samples assaying greater than or equal to 500 g/t, according to Viscount, while two soil samples ran greater than or equal to 20 ppm (parts per million) silver.

Snowline Gold Corp told investors it has boosted its technical team ahead of what it called a ‘highly active’ field season this year in the Yukon. Experienced geologist Thomas Branson becomes the company’s exploration manager, while Steve Rennalls has been named operations manager. Rennalls has worked on the firm’s Einarson project in various capacities over four exploration seasons. Last year he was camp manager and logistics manager for the company’s Einarson, Rogue, Ursa, Rainbow and Tosh projects. Meanwhile, Yukon and British Columbia-focused Branson brings over 15 years of industry experience and has been involved with over $55 million of exploration expenditures and more than 180,000 metres of drilling, the gold explorer noted.

PlantX Life Inc has announced the launch of its new YouTube series entitled ‘Medically Speaking’ aiming to enhance plant-based education and equip consumers with the necessary knowledge to achieve their plant-based goals. The series is produced and hosted by Adam Kruger, the host of the PlantX YouTube channel. Each episode of ‘Medically Speaking’ will feature interactive discussions on high-impact and novel topics exploring how plant-based lifestyles can improve health and wellbeing. The show will present this information through a scientific lens by featuring PlantX Medical Advisory Board members as guests. Season 1 of ‘Medically Speaking’ will feature experienced healthcare professionals with a passion for promoting plant-based living and wellness, including registered dietitian Amy Gensel, clinical hepatologist Dr Edward Tam, family physician Dr Paul Gross and clinical professor and family physician Dr Eva Weinlander. “We have seen a tremendous global shift to plant-based diets in recent years and this trend continues to rise,” said PlantX Founder, Sean Dollinger. “As the interest in plant-based diets increases, so does the need and demand for engaging plant-based educational opportunities. “Medically Speaking” was created as a dynamic and evidence-based educational tool that can explain plant-based myths and misinformation and empower people to overcome barriers to change.”. The first episode of “Medically Speaking” will air on January 20, 2022, at 12pm EST, and can be accessed: https://www.youtube.com/watch?v=RQDWD5htUtw

Recruiter.com Group Inc has announced that its CEO Evan Sohn, will be speaking during Talent Acquisition week on behalf of Recruiter.com. Sohn will be presenting virtually on January 24, 2022, at 4.40pm EST. “As the cost to hire continues to increase alongside the velocity of employee churn – the strategic value of talent acquisition will continue to grow. We predict that employers will spend $50B more in 2022 attracting and hiring talent,” Sohn said. “With talent sourcing software and on-demand talent acquisition services, Recruiter.com is well-positioned for this market opportunity. We look forward to sharing our thoughts with the many talent acquisition professionals attending.” Talent Acquisition Week is on a mission to help companies pivot, reinvent, and grow their talent acquisition strategy for 2022. A wide variety of companies of all sizes will come together to share their fresh ideas for talent sourcing and recruiting. The full virtual conference will take place from January 24-28, 2022. Interested parties can register for Talent Acquisition Week here: https://talentacquisitionweek.com/

FSD Pharma (CSE:HUGE, NASDAQ:HUGE) Inc has announced the launch of its newly designed website. The new site conveys the company’s emerging position within the biopharmaceutical industry and its ongoing commitment to bring novel treatment solutions for brain and inflammatory disorders to millions of patients in need. To view the website, investors can visit: www.fsdpharma.com. “We have strategically assembled a team of scientists to help develop our powerful pipeline of next-generation therapeutics,” said Anthony Durkacz, interim CEO of FSD Pharma (CSE:HUGE, NASDAQ:HUGE). “With some of the greatest minds in neurology and inflammation working together to advance our promising therapeutic compounds, and supported by a strong balance sheet, we believe that we are very well positioned to continue the advancement of our three leading drug candidates: Lucid-MS, Lucid-PSYCH and FSD-PEA. The new look and user-friendly experience of FSD Pharma (CSE:HUGE, NASDAQ:HUGE)’s website reflects that, while also serving to educate clinicians, researchers, patients, and investors about our unique approach to delivering ‘Total Brain Health’.”

Bloom Health Partners Inc (CSE:BLMH, OTCQB:BLMHF) has announced that its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company (DTC), a subsidiary of the Depository Trust & Clearing Corp. that manages the electronic clearing and settlement of publicly-traded companies in the United States. The company’s shares will continue to trade in the USA, under the ticker BLMHF on the OTCQB Market. DTC eligibility reduces costs and accelerates the settlement process for investors and brokers allowing the company’s common shares to be traded over a much wider selection of brokerage firms by coming into compliance with their requirements. “This is an important step in making Bloom’s shares accessible to the widest audience possible, as DTC eligibility allows Bloom’s existing U.S investors to benefit from electronic clearing and settlement of the Company’s shares within the United States,” said Andrew Morton, CEO of Bloom.

American Resources Corporation (NASDAQ:AREC) has announced that Mark Jensen, its chief executive officer will present at the Virtual Investor 2022 Top Picks Conference on Thursday, January 27, 2022, at 11.00am ET. As part of the virtual event, the company will provide a corporate presentation, followed by a moderated interactive Q&A session. In addition to the moderated portion of the event, all investors and interested parties will have the opportunity to submit questions live during the event. Interested parties may also pre-submit questions in advance of the live event, which can be sent via the conference website at virtualinvestorco.com. The company will answer as many questions as possible during the event. A live video webcast of the presentation will be available on the Events section of the Investors page of the company’s website: www.americanresourcescorp.com. A webcast replay will be available two hours following the live presentation and will be accessible for one year.

The Valens Company (TSX:VLNS, OTCQX:VLNCF) Inc has announced that Everett Knight, its executive vice president, Corporate Development & Capital Markets, will participate in the KCSA Cannabis Virtual Investor Conference on January 20, 2022, at 1.00pm ET via the following registration link: https://bit.ly/3JUNHjN. This will be a live, interactive online event where investors are invited to ask the company questions, in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event has concluded.

GameSquare Esports Inc has reminded interested members of the investment community and media that the company intends to provide a corporate update following its recently updated revenue guidance. The company will host a webcast today, Thursday, January 20, 2022, at 4pm EST to discuss recent operational highlights. Full details can be found at investors.gamesquare.com or register via bit.ly/3Ibqich.

PharmaDrug Inc said it has engaged Octagon Media Corp to assist in a digital media advertising campaign coupled with an investor marketing program. As compensation, Octagon Media Corp. will receive a payment of US$60,000 as well as 3,400,000 common shares of PharmaDrug. The shares will be subject to a statutory four-month hold. The company will also grant Octagon Media incentive stock options to purchase up to 3,000,000 common shares in the capital of the company at an exercise price of C$0.05 per share for a 12-month period. Octagon Media Corp.’s services consist of the Wall Street Reporter and Next Super Stock platforms. The services will include investor conferences, features on the WallStreetReporter.com website, CEO podcast interviews as well a social media and targeted email distribution. The term of the contract is for six months. Daniel Cohen, chairman and CEO of PharmaDrug, commented: “We are extremely excited to be working with Jack Marks and the Wall Street Reporter. We believe the company is well-positioned to benefit from a wider US investor audience due to its emerging biotech strategy and are confident The Wall Street Reporter can help us achieve that goal.” Following posting of its shares on the OTCQB in October of 2021, the company also said its common shares became DTC eligible last week, thereby increasing the accessibility of the common shares to US investors.



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