NA Proactive news snapshot: American Resources, Trillion Energy, Nomad Royalty, Fidelity Minerals UPDATE …

NA Proactive news snapshot: American Resources, Trillion Energy, Nomad Royalty, Fidelity Minerals UPDATE …

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American Resources Corporation (NASDAQ:AREC), a raw materials supplier, has signed a carbon processing agreement with a third-party, the company announced on Monday. Under the terms of the deal, American Resources will provide carbon processing, storage and loading services at its Davidson branch Preparation Plant, located at the Perry County Resources complex in Hazard, Kentucky. The agreement will begin immediately under an initial trial period and then carry a one-year term if both parties approve, with an option to renew on an annual basis. Trillion Energy International Inc (CSE:TCF) (OTCMKTS:TCFF) hailed the results of a new evaluation of six of its gas prospects offshore Turkey, which add significant upside value to the oiler's existing reserves and resources. The prospect resource report by GLJ consultants studied the South Akcakoca Sub Basin gas field (SASB) with six exploration prospects — Akcakoca South, Akcakoca-6, Bayhanli, Eskikale East, Eskikale West and Guluc North. For the six prospects, the Undiscovered Petroleum Initially in Place (UPIIP) was put at a best case estimate of 65.9 Bcf with an unrisked best estimate of 37.5 Bcf and 23 Bcf risked. At a best case estimate, that puts the net present value (NPV) before tax (with a 10% discount) for SASB at US$136 million. Nomad Royalty Company Ltd (TSX:NSR) (OTCQX:NSRXF) announced Monday it entered into a definitive agreement to acquire for about US$7.6 million all of the outstanding shares of Valkyrie Royalty Inc, a private royalty company that owns a net smelter return royalty on the Moss Gold mine in Arizona. Northern Vertex Mining Corp is the operator of the Moss Mine, which is targeting production of 55,000 to 65,000 gold equivalent ounces per year. Northern Vertex is currently conducting a 60,000 foot-drilling program and is aiming to increase the mine life past 10 years. Fidelity Minerals Corp (CVE:FMN) announced on Monday that it has delineated four high-priority gold prospects at its highly promising Las Brujas project in Peru. The Vancouver-based company said that it was in the “early stages” of defining a number of potentially significant epithermal gold resources at its flagship Las Brujas project, following its recent confirmation of gold mineralization at three distinct zones on the property. Assays reported in June returned gold grades of 15.3 grams per ton (g/t), 1.6 g/t and 1.2 g/t gold. Fidelity has expanded its land holdings at Las Brujas to 5,000 hectares in total in recent weeks and comprises at least five prospect zones in which elevated gold anomalism have been identified. GlobeX Data Ltd (OTCQB:SWISF) (CSE:SWIS) has said its SkurSafe security and communications solution has been selected by real estate franchise RE/MAX to join its marketplace of vetted technology and business services offered to its agents and brokers. The Swiss hosted cybersecurity and internet privacy specialist said the agreement covers worldwide territory and will start with all agents and brokers of RE/MAX in the US and Canada effective immediately. In a statement, GlobeX chief executive Alain Ghiai said: "We are very happy to work with RE/MAX, one of the largest International real estate franchises in the world. SekurSafe helps protect both realtors and their clients' confidential data as all real estate transactions include financial and other high value confidential data. The password manager lets realtors create and store complex passwords and increase security, and our Swiss hosted data backup and file share provides confidentiality with the highest degree of privacy.” Nomad Royalty Company Ltd (TSE:NSR) (OTCQX:NSRXF) is to buy Coral Gold Resources Ltd (CVE: CLH), giving it a sliding scale net smelter return (NSR) royalty on a top tier mining complex in Nevada, USA. The firm has struck a definitive deal to acquire all of the shares of Coral for a total of around US$45.8 million. The purchase gives Nomad a net smelter return (NSR) royalty on Nevada Gold Mines' Robertson property (Corals' main asset) - part of the greater Cortez & Pipeline mining complex - of between 1% to 2.25%. The project boasts a historical inferred resource of over 2.7 million ounces of gold in total oxide and sulphide materials, based on a 2012 NI 43-101 preliminary economic assessment. ImagineAR Inc (CSE:IP) (OTCQB:IPNFF) is partnering with the Katz Graduate School of Business at the University of Pittsburgh to teach an online course about augmented reality in the workplace.  During the course, students will work in teams to identify ways to apply augmented and virtual reality to a real business and design a branding campaign. At the end, students will present a 10-minute video showcasing their ideas. The class, titled “Augmented and Virtual Reality for Brands and Strategy” and taught by marketing professor Vanitha Swaminathan, will be made initially available to graduate students and eventually to undergraduates in the College of Business Administration. ElectraMeccanica Vehicles Corp (NASDAQ:SOLO) has said it will start production for its flagship SOLO electric vehicle on August 26. The SOLO is a purpose-built, all-electric, three-wheeled vehicle for the modern urban environment. Engineered for a single occupant, it offers a unique driving experience for the environmentally-conscious consumer. In a statement Monday, ElectraMeccanica said it will be working in close partnership with its contract manufacturing partner and strategic investor, Zongshen Industrial Group in Chongqing, China, on the initial production vehicles.  The Vancouver-based company added that it has targeted late November/early December for initial deliveries to select members on its pre-order list before ramping production to meet growing demand. Valeo Pharma Inc (CSE:VPH) said Monday it has filed for a natural product licence with Health Canada for its unique bioflavonoid formulation Hesperco.  Valeo Pharma in April entered into a collaboration and licensing agreement with Ingenew Pharma Inc for the development, manufacture and commercialization of Hesperco, which in capsule form contains a powerful antioxidant for immune system support.  Ingenew also is responsible for providing clinical and scientific data to support the market positioning, commercial and communication campaigns for Hesperco. Metalla Royalty & Streaming Ltd (NYSEAMERICAN:MTA) (CVE:MTA) continues to scale up its business and offers investors an "excellent" way to take part in the current gold and silver bull market. So said the group's chief executive Brett Heath in a statement as the company posted its final results for the fiscal year to May 31, 2020. Metalla's royalty portfolio continues to expand and it now holds 50 precious metal assets, compared to 43 back in April this year. Thoughtful Brands Inc (CSE:TBI) (FWB:1WZ1:GR) (OTCQB:PEMTF), the renamed Mota Ventures, said Monday that its wholly-owned subsidiary, Ecommerce Tech LLC, has acquired the rights to an e-Commerce software platform from Unified Funding LLC's wholly-owned subsidiary, Offer Space LLC. The acquisition will give the company the opportunity to channel unrealized value from the products it launches in the online natural health market. Thoughtful Brands said the software has “facilitated over C$350 million in consumer transactions, including C$93.8 million in 2019.” The software asset will help the company to launch new products and enter into emerging natural health markets worldwide, "more efficiently,"  it added. In addition to providing immediate value to the group’s existing brands, the newly acquired e-Commerce platform is expected to lower operating costs. Biocept Inc (NASDAQ:BIOC), a leading commercial provider of liquid biopsy tests, announced Monday the appointment of Dr Michael Dugan as its chief medical officer and medical director.  Dr Dugan has served in leading medical positions at Exact Sciences, Quest Diagnostics, and Roche Molecular Systems, Biocept noted.  At Biocept he will be responsible for medical policy decision-making and the operations of the company’s CLIA-certified, CAP-accredited, high-complexity molecular laboratory in San Diego. AgraFlora Organics International Inc (CSE:AGRA) (OCTMKTS:AGFAF) has provided an update on progress at its flagship cultivation asset in Delta, British Columbia which embarked on planting using a curated portfolio of live-plant genetics in June this year. Vancouver-based AgraFlora said the Delta facility expects to see its first harvest early in the fourth quarter of this year, with the first product available for sale of “low-cost, high potency cannabis strains” in the first quarter of 2021 on a wholesale basis. The company is in a joint venture with Propagation Services Canada Inc, which operates the 2.2 million-square-foot greenhouse complex in Delta, British Columbia. AgraFlora said the "elite genetics" at the Delta facility has been tweaked to work with Propagation Services Canada's cultivation program and is expected to yield up to 44 varieties of strains to offer to its wholesale clients a “robust product offering,” while maintaining “strong cannabinoid and terpene content” plant yield every year. Medexus Pharmaceuticals Inc (CVE:MDP) (OTCQX:PDDPF) announced Monday that its joint-disease drug Triamcinolone Hexacetonide Injectable Suspension 20 mg/mL (TH) has been added to the public drug plan in Quebec. The Toronto-based specialty pharmaceutical company said the drug has been approved for inclusion on the List of Medications-Basic Plan and the List of Medications-Institutions administered by the Régie de l’assurance maladie du Québec (RAMQ) from August 19. According to the company, Quebec’s health technology assessment agency, or the Institut national d'excellence en santé et en services sociaux (INESSS) recommended that TH be included on the List of Medications covered by the basic prescription drug insurance plan, and the List of Medications – Institutions which includes hospitals with no restrictions on reimbursement. Killi Ltd (CVE:MYID) (OTCMKTS:MYIDF) said its founder and chief executive, Neil Sweeney has been featured in cybersecurity magazine 'Dark Reading' discussing the tech community’s chance to use “Data for Good” to fight the coronavirus pandemic. The consumer privacy ecosystem specialist said the article highlighted current tracing applications that aren't working and outlines steps for Apple Inc (NASDAQ:AAPL) and Alphabet Inc’s (NASDAQ:GOOG) Google to co-create a universal application using their abundant supply of data and expertise in the consumer application space. Benchmark Metals Inc (CVE:BNCH) has said its recently increased financing of C$48 million will allow the group to accelerate work at the flagship Lawyer’s gold and silver project and means it can start planning towards a key feasibility study in 2022. The new money will see the explorer expand this year's drill program up to 100,000 metres (m), from 50,000m previously, and prepare for a resource estimate and preliminary economic assessment (PEA) early in 2021. "The company can now deliver results and achieve significant milestone events over the next 24 months with greater certainty," Benchmark said in a statement. Humanigen Inc (OTCPINK:HGEN) has named pharmaceutical veteran Edward Jordan its new chief commercial officer, the company announced Monday. Jordan has more than two decades of commercial operations experience at biotechnology and pharmaceutical companies and has launched more than a dozen products over his career. He most recently worked as senior vice president of the biopharma company DBV Technologies, where he built up the company’s commercial organization in preparation for the launch of a pediatric biologic. Before that, Jordan held executive roles at AMAG Pharmaceuticals and Teva Pharmaceuticals.  Aurania Resources Ltd (CVE:ARU) (OTCQB:AUIAF) revealed a drill rig is due to be airlifted via helicopter to its flagship Lost Cities-Cutucu project in Ecuador in the last week of August. In a quarterly update statement, the explorer said drilling is planned to start at the Tsenken N2 target and then move to Tsenken N3 at the project, which sits in the foothills of the Andes, and where six targets in the Tsenken area have been defined. The aim is to test each target with a handful of holes, the group said in a statement on Monday. Pacific Empire Minerals Corp (CVE:PEMC) (OTCQB:PEMSF) said it has mobilized a geophysical crew to its Jean Marie project in British Columbia. The exploration company said a ground-based magnetic survey covering an area of recent rock sampling at C Zone South has identified “significant gold mineralization” including 4.0 grams per tonne of gold over eight meters from trench sampling. The firm’s geologists are currently conducting follow-up geochemical sampling to better understand the lateral extent and significance of gold mineralization at the project. American Battery Metals Corporation (OTCQB:ABML), an American-owned lithium-ion battery recycling technology and advanced extraction company with extensive mineral resources in Nevada, has announced the scheduling of its groundbreaking ceremony for its commercial lithium-ion battery recycling pilot plant for Thursday, August 27. The ceremony celebrating the start of construction will begin at 2pm at 354 Winston Lane in Fernley, Nevada. Doug Cole, ABM's chief executive officer commented: "This event has been a long time coming as our team has put a lot of hard work to get to this point. We are extremely excited for this groundbreaking and the work ahead of us to get the plant operational. We will be joined by local government officials who have really supported our efforts and champion our vision for lithium-ion battery recycling and clean sustainable energy." HighGold Mining Inc. (CVE:HIGH) has noted that on Friday, August 21, 2020, The Globe and Mail, a Canadian national newspaper, issued a news item that included reference to a fraudulent website of nearly the same website address (URL) as the company. HighGold Mining said it is in no way associated with this fake website. The company's management urges shareholders, stakeholders and other news outlets to please check your information sources or news copy thoroughly to avoid confusion and passing on incorrect information from fake websites. NetCents Technology Inc (CVE:NC) said it. has granted incentive stock options to purchase a total of 385,000 common shares at an exercise price of $1.16 per common share for a period of five years to a consultant in accordance with the provisions of its stock option plan. Golden Arrow Resources Corporation (CVE:GRG) (FSE:G6A) (OTCMKTS:GARWF) announced that it has retained Michael Baybak and Company, Inc. to provide financial relations, media relations and market development consulting services to the company.  Baybak has been engaged for a term of three months at a monthly fee of US$4,000. The agreement is subject to regulatory approval. Principals of Baybak currently own 830,333 shares of the company and may purchase securities in the company from time to time for investment purposes. Great Bear Resources Ltd. (CVE:GBR) said it has agreed to accept 620,000 shares of Mountain Boy Minerals Ltd. (CVE:MTB) in settlement of the $350,000 final scheduled payment under an agreement by which the company is reacquiring from Great Bear a 50% interest in the 187 square kilometre (18,700 hectare) properties comprising the BA project and the Surprise Creek project. There remains a series of milestone payments under separate options for each of the properties, which can be exercised independently. The total amount of those payments, should both projects go through to development, would be $3.7 million. Mountain Boy has no further obligations to Great Bear other than the payments related to reaching those milestones. Global Energy Metals Corp (CVE:GEMC) said that under a directors resolution dated February 19, 2020, the company has consolidated its capital on a one-new-for-10-old basis. The name of the company has not been changed. Effective at the opening on Tuesday, August 25, 2020, the common shares of Global Energy Metals will commence trading on the TSX Venture Exchange on a consolidated basis. GR Silver Mining Ltd. (CVE:GRSL) (OTCQB:GRSLF) said it has received Toronto Venture Exchange approval to the shares for debt transactions previously announced on July 7, 2020, and consequently has issued 427,375 common shares to settle an aggregate debt of $203,003.  All shares issued in conjunction with the debt settlements are subject to a hold period expiring December 18, 2020, in accordance with applicable securities laws. EXMceuticals Inc. (CSE:EXM) (FSE:A2PAW2) announced that it has settled $1,378,241 of debt with creditors by issuing 4,139,161 common shares of the company at deemed prices of $0.275, $0.30, $0.32, and $0.35 per share. The settlements are all with arm’s-length creditors except for the amount of $293,750 that was settled with Jonathan Summers, CEO of EXMceuticals, on account of accrued interest on cash loans advanced to the company, the amount of $66,734.85 that was settled with Taktik Services Inc., a company controlled by Julie Lemieux, corporate secretary, for management consulting services rendered to the company and the amount of $140,000 that was settled with Marc Bernier, a director of the company. In the August 14, 2020, edition of Gold, Energy & Tech Stocks, Jay Taylor refreshed his buy of Auryn Resources Inc (CVE:AUR)., recently $3.02. Taylor said buy Auryn nine times from March 16, 2015, to May 14, 2020, at prices ranging from $1.25 to $3.19. Assuming a $1,000 investment for each of the nine buys, the $9,000 position is now worth $15,281. Auryn explores for gold and copper in Canada and Peru. On July 29, It announced plans to spin out its Peruvian projects into two new companies, acquire Eastmain Resources (a Quebec gold explorer) and rename itself Fury Gold Mines. Shareholders of Auryn will receive, for every share held, about 0.7 of a share of Fury Gold and one share of each spinout company. Taylor called the deal "very positive for shareholders." He notes that the coronavirus (COVID-19) pandemic has delayed important permitting progress in Peru, with the result that the Peruvian potential was not really reflected in the share price. The spinout companies will have a clearer focus on these "very promising" projects. In Canada, Fury Gold will be a "robust" explorer with projects in Nunavut, British Columbia and Quebec. "I think this restructuring will add value for shareholders," Taylor concluded. Falcon Gold Corp. (CVE:FG) said its board of directors, in compliance with the company's stock option plan, has granted 1.0 million incentive stock options, exercisable for up to five years at a price of 14 cents a unit, to directors and officers of the company.  Viscount Mining Corp. (CVE:VML) has granted, effective August 20, 2020, an aggregate of 3.8 million stock options in recognition to directors, officers and consultants of the company. The options are being issued in accordance with the company's shareholder approved stock option plan. Each option is exercisable into one common share in the capital of the company at a price of 40 cents per share for a period of five years from the date of issuance. The options shall vest immediately and are governed by the terms and conditions of the company's stock option plan. Esports Entertainment Group, Inc. (NASDAQ:GMBL)), a licensed online gambling company with a focus on esports wagering and 18+ gaming, has announced that its CEO Grant Johnson will be presenting at the LD 500 investor conference on Tuesday, September 1, 2020, at 9.20am. EDT. "We've achieved multiple key milestones since our listing on NASDAQ in April, and I look forward to sharing with the LD conference attendees more about these successes and what it means for the future of the Esports Entertainment Group," commented Grant Johnson, CEO. Investors can register for the conference here: https://ld500.ldmicro.com/. The LD 500 will take place on September 1st through the 4th.

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