NA Proactive news snapshot: Goldseek Resources, Matinas BioPharma, Calyxt, Falcon Gold UPDATE ...

Goldseek Resources Inc (CSE:GSK) announced plans Friday to raise up to $850,000 in flow-through funds by way of a non-brokered private placement at $0.37 per unit, which includes a half- transferrable common share warrant for each share purchased. Each whole warrant will entitle the holder to purchase one common share of the company at a price of $0.60 per share for a period of two years from closing. Goldseek said it will use the funds to continue exploration and development of its Quebec properties. Matinas BioPharma Holdings Inc (NYSEAMERICAN:MTNB) (FRA:6LJ) has posted third-quarter results, notably featuring growing cash on hand, which gives the company a long runway to further the development of MAT9001 to treat cardiovascular and metabolic conditions, and MAT2203, an oral-delivered formulation of the well-known but highly toxic antifungal medicine Amphotericin-B to treat serious invasive fungal infections. The Bedminster, New Jersey-based company had $62.8 million in cash and equivalents as of September 30, 2020, up from $27.8 million at the end of December 2019. In January, the company sold 32,260,000 shares at a price of $1.55 per share to net around $46.7 million. Based on current projections, Matinas said it continues to believe that “cash on hand is sufficient to fund operations into the first half of 2023.” Calyxt Inc (NASDAQ:CLXT), a plant-based technology company, posted growing revenue and a narrowing loss in its third-quarter results, released after the bell Thursday, thanks to increased sales of its grain and other crops. Revenue increased 77% year-over-year to $5.2 million in the three months ended September 30, and the company’s adjusted net loss improved by $2.6 million to $9.3 million from the third quarter of last year.  Falcon Gold Corp (CVE:FG) (OTCPINK:FGLDF) said Friday that it has appointed finance industry veteran Geoff Balderson as the company’s finance chief. The Canadian mineral exploration company thanked Sandey Wang, who has stepped down as CFO, for her contributions to the company. Balderson has over 20 years of capital markets experience and has worked in both public and private practice. He is a director of several TSX Venture listed companies and runs a private consulting firm, Harmony Corporate Services, which provides corporate advisory, accounting, filing and secretarial services to several public companies. Humanigen Inc (NASDAQ:HGEN) (FRA:0KB2) announced Friday positive interim Phase 3 data on lenzilumab to treat patients hospitalized with COVID-19. In a statement, the company said this interim analysis for sizing and powering, suggests that lenzilumab had a clinically meaningful impact on patient recovery, with an estimated 37% more recoveries observed in the lenzilumab arm of the randomized, placebo-controlled, double-blinded study versus current standard of care (SOC). Mirasol Resources Ltd (CVE:MRZ) (OTCPINK:MRZLF) (FRA:M8R) told investors that initial exploration at its Nandi copper project in northern Chile has been encouraging and has shown the potential for the site to host a porphyry deposit. The project generator has acquired 100% of the asset via staking, which consists of around 5,000 hectares (ha) of claims, which lie just 30 kilometres (km) north-west of major miner BHP PLC's Escondida copper mine and Glencore's Lomas Bayas copper operation. Mirasol said it was now assessing further follow up work in a bid to define targets for drilling. Vuzix Corporation (NASDAQ:VUZI) (FRA:V7XN) revealed on Thursday that Newcastle University, a UK public research university, is utilizing its Vuzix M400 Smart Glasses to remotely support staff and academics at multiple lab sites and home offices in researching blood cells and diseases including coronavirus (COVID-19).  The Rochester, New York-based company said that in addition to remote support, lab technicians are using platforms such as Zoom through the M400 Smart Glasses to deliver training across its user base. American Manganese Inc (CVE:AMY) (OTCPINK:AMYZF) (FRA:2AM) has boosted its battery recycling pilot project by purchasing from an Asia supplier, a specialized reactor to make cathode material. Cathodes are, of course, vital to battery manufacturing and this reactor is capable of producing the most modern cathode precursors such as lithium nickel manganese cobalt oxide (NMC) and lithium cobalt aluminum oxide (NCA), the company said in a statement.  Silvercorp Metals Inc (TSE:SVM) (NYSEAMERICAN:SVM) (FRA:S9Y) Friday announced its second-quarter 2021 financial and operating results. Silvercorp’s earnings for the quarter climbed 27% to US$15.5 million, or $0.09 per share, compared to US$12.2 million, or $0.07 per share, during the same period last year.  The company attributed these results to higher selling prices for silver, gold and zinc. Its second-quarter revenue, meanwhile, rose 13% year-over-year to US$56.4 million, while its cash flow from operations increased 13% to US$29.6 million.  NexTech AR Solutions Corp (OTCQB:NEXCF) (CSE:NTAR) (FRA:N29) announced Friday it has hired security and IT infrastructure expert Felix Ritscher as its head of Information Technology and Security. Ritcher’s appointment comes as the company signs up more Fortune 500 global companies to its platforms, requiring the implementation of new security, IT, and hyper-scaling technology. He is based in Raleigh, North Carolina and brings over 15 years of experience in IT services, infrastructure, and cybersecurity to the NexTech team. Arcadia Biosciences, Inc.(NASDAQ:RKDA), a leader in science-based approaches to enhancing the quality and nutritional content of crops, has announced that it will release its financial and business results for the third quarter of 2020 after market close on November 12, 2020. The company has scheduled a conference call for 4.30pm Eastern time (1.30pm Pacific time) to discuss the results, company operations and key strategic achievements. Interested participants can join the conference call using the following numbers: US Toll-Free Dial-In +1-844-243-4690; International Dial-In +1-225-283-0138; Passcode: 1303009 A live webcast of the conference call will be available on the Investors section of Arcadia's website at www.arcadiabio.com. Following completion of the call, a recorded replay will be available on the company's investor website. OTC Markets Group Inc. (OTCQX:OTCM), operator of financial markets for 11,000 U.S. and global securities, has announced the Subversive Capital Acquisition Corp. (NEO:SVC.A.U) (OTCQX:SBVCF), a special purpose acquisition corporation (SPAC), has today qualified to trade on the OTCQX Best Market. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the US. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. "We are pleased to welcome Subversive Capital Acquisition Corp, the largest SPAC IPO in Canada, to the OTCQX Market," said Jason Paltrowitz, EVP of Corporate Services at OTC Markets Group. "Subversive Capital Acquisition Corp utilizes their disclosure on the NEO Exchange to efficiently cross-trade their shares in the US on OTCQX, enabling them to provide efficient access to information and trading for U.S. investors and to grow and diversify their shareholder base." Michael Auerbach, chairman of Subversive Capital Acquisition Corp. added: "We are excited to announce SCAC will now be traded on OTCQX, the highest tier of the OTC Market. This move will increase our visibility with prospective investors in the US and will also make it easier for our US investors and employees to invest since they will no longer need to have a Canadian trading account." Jay Taylor, in the October 16, 2020, edition of Gold, Energy & Tech Stocks, has refreshed his buy of Benchmark Metals Inc (CVE:BNCH). Taylor said buy three times from July 16, 2019, to July 16, 2020, at prices ranging from 31.5 cents to 65 cents. Benchmark is drilling its Lawyers gold-silver project in north-central British Columbia. Recent highlights from the Cliff Creek zone, the largest and most advanced of the four known targets on the property, include 30.6 metres of 3.39 grams per tonne (g/t) gold equivalent (AuEq) and 45.8 metres of 1.55 g/t AuEq. The company has what Taylor calls a "conceptual" resource estimate for this area of 1.68 million to 1.92 million ounces. Another word for conceptual is non-compliant. Benchmark will aim to rectify this with its first National Instrument 43-101 resource report on Lawyers in the first quarter of 2021. With 40,000 metres of drilling still left in this year's 100,000-metre drill program, Taylor reckons that Benchmark is on track to exceed its initial conceptual target, as well as its longer-term goal of outlining an overall five million ounces at Lawyers The International Speculator, in its October 26, 2020, issue, says buy uranium player Energy Fuels Inc. (NYSEMKT:UUUU) at $1.64, officially, "Buy up to $3." The newsletter said buy on April 25, 2019, at $4.18. Assuming an investment of $1,000, the position is worth $388. It noted that Mark Chalmers still steers the company as chief executive officer. His previous successes include Paladin Energy, which he led to 1,000-per-cent gains for shareholders. At Energy Fuels, Chalmers's strategy is to stockpile uranium and vanadium, waiting for higher prices. At the end of the second quarter, Energy Fuels had 575,000 pounds of uranium and 1.67 million pounds of vanadium in its inventories. At current prices, that is worth about US$26 million, but soon it might get much higher. Earlier this year, US President Donald Trump requested US$1.5 billion to buy uranium for a national reserve. The newsletter said that as a 100% US-based miner, Energy Fuels will likely get a piece of this pie, depending on the prices the White House offers. Vanadium is likely to be next on the list, with the government looking at reducing imports in order to support US mines. Energy Fuels is also working on rare earth processing.