NA Proactive news snapshot: Vuzix, KushCo, Gevo, Victory Square Technologies UPDATE ...

NA Proactive news snapshot: Vuzix, KushCo, Gevo, Victory Square Technologies UPDATE ...

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Vuzix Corporation (NASDAQ:VUZI) is teaming up with Jade Bird Display, a Shanghai-based leader in microLED displays. Under a joint-manufacturing and supply agreement, both companies will collaborate on the co-development and cross-supply of solutions incorporating superbright microLED display engines and Vuzix waveguide products. Jade Bird Display will provide microLED displays and Vuzix will provide newly developed proprietary waveguides and display engine optics to work with these displays. The complete solutions and components will be sold by both Vuzix and JBD to their customers, and both parties have agreed to supply to each other on a priority allocation basis, subject to limitations to ensure Vuzix is able to satisfy its own branded-product requirements.  KushCo Holdings Inc (OTCQX:KSHB) reported fiscal 2021 first-quarter revenue of $26.8 million along with its second consecutive quarter of positive adjusted EBITDA, as the company achieved record December sales of $14.7 million. KushCo also increased its net revenue guidance for its fiscal year 2021 to be between $130 million and $160 million, from between $120 million and $150 million previously, and reiterated its expectation for adjusted EBITDA for the fiscal year to be between $5 million and $7 million. Gevo Inc (NASDAQ:GEVO) has announced the first project in its new Net-Zero series, which is designed to create energy dense liquid hydrocarbons that deliver net-zero greenhouse gas emissions when burned. Essentially, the Net-Zero process works by converting renewable energy into energy dense liquid hydrocarbons that have the potential to achieve net-zero GHG emissions over the lifecycle of the fuel. The first project, Net-Zero 1, is planned for Lake Preston, South Dakota. Gevo anticipates a capacity of 45 million gallons per year of hydrocarbons, 350 million pounds per year of high protein feed products for use in the food chain, enough renewable natural gas to be self-sufficient Victory Square Technologies Inc (CSE:VST) (OTC:VSQTF) (FRA:6F6) says its portfolio company Victory Square Health was granted approval Friday from Brazillian regulators to begin marketing, sales, and distribution of its 15-minute Covid-19 test in the country. The company’s Safetest Covid-19 Rapid Test can detect whether users have the coronavirus and are infectious, have had the virus and show antibodies or have never been infected. The test is easy to administer, provides accurate results in 15 minutes and is light and compact for use, distribution, shipping, and acquisition, the company said. The Brazilian Health Regulatory Agency (ANVISA) approved the company’s test, which detects the antibodies IgG and IgM.   Telson Mining Corporation (CVE:TSN) (OTCMKTS:SOHFF) told investors that throughput and production ramped up at its Campo Morado mine in Mexico in the fourth quarter, which is positively affecting revenues as metals prices rise. In the three months to December 31, 2020, a steady increase in production had been seen, the miner said, with 57,081 tonnes milled in December, up from 55,829 tonnes in November and 55,401 tonnes in October. For the quarter as a whole, 168,311 tonnes of material were milled. That led to 9,974 tonnes of zinc concentrate being produced in the three months and 1,916 of lead concentrate. Estimated revenues for the fourth quarter, net of all concentrate sale deductions such as treatment charges, came in at around US$8.76 million, noted the company. Todos Medical Ltd (OTCQB:TOMDF) reported December 2020 sales of $4.8 million, a 50% month-over-month surge, driven mainly by an increase in COVID-19- related reagent and supply sales from its pre-existing clients. The company also said it expects “significant” month-over-month revenue growth for January 2021, as daily testing volumes for the majority of its COVID-19 testing clients increases on a monthly basis. Northstar Gold Corp (CSE:NSG) reported Monday that it had uncovered eight new targets on its Miler gold property in Ontario thanks to machine learning-based work conducted by GoldSpot Discoveries Corp. The Vancouver-based company said that machine learning stochastic cluster analysis and final 3D inversions by GoldSpot in 2020 revealed multiple anomalies bearing a similar signature as known gold-bearing syenites on the Miller property. Miller is situated 18 kilometres southeast of Kirkland Lake Gold's Macassa SMC gold mine in Ontario. Northstar recently revealed the Allied Syenite gold zone, returning intercepts that include 19.4 grams per ton (g/t) gold over 4.4 metres within 1.4 g/t gold over 118.5 metres and 4.7 g/t gold over 8 metres within a 107.3 metre interval averaging 1.2 g/t gold. Thunderbird Entertainment Group Inc. (CVE:TBRD) (OTCMKTS:THBRF) has announced the creation of a new Global Distribution and Consumer Products Division, with industry veteran Richard Goldsmith joining Thunderbird and Atomic Cartoons, the company’s Kids and Family Division, to lead the new venture. The global award-winning, full-service multiplatform production, distribution and rights management company said that in this newly created role, as president of Global Distribution and Consumer Products, Goldsmith will oversee worldwide content distribution and the development of innovative consumer products and experiences that expand and enrich audience engagement across all Thunderbird properties. "We are beyond thrilled to be welcoming Richard to the team, and his presence will be key as we continue to take Thunderbird to the next level,” said Jennifer Twiner McCarron, president and chief executive officer of Thunderbird in a statement. PlantX Life Inc (CSE:VEGA) (FRA:WNT1) (OTCQB:PLTXF) announced that it has taken a “significant step” to enhance its investor profile by launching a new capital markets strategy focused on the United States and has, as a result, applied to list its shares on the tech-laden NASDAQ. The Vancouver, British Columbia-based company said that a listing on NASDAQ will provide opportunities to “broaden its institutional and retail investor base” and enhance the firm’s visibility while accelerating growth. “PlantX hopes to further expose the company’s brand to the US market and ultimately raise the company’s overall profile to enhance shareholder value,” said the company. Milestone Scientific Inc (NYSEAMERICAN:MLSS) said Monday that it has entered into an agreement with Bitmedical AG to distribute the CompuFlo Epidural Instrument and CathCheck System, as well as related disposables, in Switzerland and Austria. Bitmedical is a premier distributor of medical devices and equipment within Switzerland and Austria, supporting many of the leading global manufacturers in these markets. Hansruedi Muehlegg, CEO of Bitmedical, said in a statement that the company “was impressed with Milestone Scientific’s CompuFlo Epidural System” following extensive due diligence and positive feedback from end-users prior to entering this agreement. Humanigen Inc (NASDAQ:HGEN) (FRA:0KB2) has announced a tie-up with life sciences services group EVERSANA, firing the starting gun on the commercial launch of its drug lenzilumab to treat hospitalized coronavirus (COVID-19) patients, if the candidate is granted emergency use authorization (EUA). On receipt of the authorization from regulator, the U.S. Food and Drug Administration (FDA), Humanigen would have immediate access to EVERSANA’s services, which include marketing, medical information, and market access. Ideanomics Inc (NASDAQ:IDEX) (FRA:0V5) announced Monday that has completed its previously announced acquisition of privately-held Timios Holdings Corporation. Timios, a nationwide title and settlement solutions provider, has been expanding in recent years through offering innovative solutions for real estate transactions, including residential and commercial title insurance and closing and settlement services, as well as specialized offerings for the mortgage industry.   In a separate statement, Ideanomics also revealed that it has been featured in a broadcast via NetworkNewsAudio (NNA), a solution that delivers additional visibility, recognition and brand awareness in the investment community via distribution to thousands of syndication points. The audio press release covers the definitive agreement recently signed to acquire 100% of privately held Wireless Advanced Vehicle Electrification, Inc. (WAVE). To hear the audio production, investors can use the following link: https://www.nnw.fm/wcCAn Champignon Brands Inc (CSE:SHRM) (FRA:496) (OTCQB:SHRMF) announced Monday the appointment of Stephen Brooks as its new chief financial officer and Peter Rizakos as its new general counsel. In a statement, the company said the two appointments complete the company's new top management team put into place by CEO Dr Roger McIntyre and the board of directors. "These new management additions ready us for the future where the company's clinical products and services will help meet the enormous public need that is creating significant public demand for improved, ketamine-based treatments that are capable of rapid response in persons with depression," Dr McIntyre said. Starton Therapeutics Inc announced that it has selected a subcutaneous (under the skin) lenalidomide formulation as the lead formulation candidate for its continuous subcutaneous delivery system (STAR-LLD SC) for chronic lymphocytic leukemia (CLL), which is a type of cancer of the blood and bone marrow, and other hematological malignancies. “Lenalidomide is an exceptionally challenging molecule to formulate,” said Starton Therapeutics Chief Manufacturing Officer Andy Rensink. “By using unique and novel technology, we are thrilled to have successfully developed a stable solution for use in the STAR-LLD SC delivery system and are excited to move this product closer to benefitting patients.”  Algernon Pharmaceuticals Inc (CSE:AGN) (OTCQB:AGNPF) (FRA:AGW) said Monday that its lead drug candidate Ifenprodil was highlighted in a European scientific journal as a potential COVID-19 treatment.  In the January 5, 2021, edition of the European Archives of Psychiatry and Clinical Neuroscience, the authors of an independent research review identified Ifenprodil as a possible repurposed drug candidate for the treatment of COVID-19, Vancouver-based Algernon told shareholders.  Ifenprodil is an N-methyl-D-aspartate (NMDA) receptor antagonist specifically targeting the NMDA-type subunit 2B and exhibits agonist activity for the sigma-1 receptor, a chaperone protein up-regulated during endoplasmic reticulum stress. Nextleaf Solutions Ltd. (CSE:OILS) (OTCQB:OILFF), the world's most innovative cannabis extractor, has announced that the United States Patent and Trademark Office has granted the company a patent for a process resulting in a solventless cannabis concentrate. The group noted that it adds to the company's dynamic and expanding US patent portfolio. Nextleaf owns 12 issued US patents and over 60 issued patents globally for the extraction, purification, and delivery of cannabinoids. Nextleaf Labs also revealed that it delivered approximately 100 kilos of CBD distillate to one of Canada's top-selling cannabis brands during the month of December. Heritage Cannabis Holdings Corp (CSE:CANN) (OTCQX:HERTF) (FRA:2UE) reported the launch of a new Premium 5 brand RAD, in connection with its pending acquisition of Canadian recreational and medical cannabis company Premium 5 Ltd.  The company said RAD is being introduced in response to consumer demand for more affordable cannabis concentrate offerings.  District Metals Corp (CVE:DMX) (FRA:DFPP) announced Monday a key appointment that will strengthen and expand the company's presence and operational efficiency in Sweden. The Toronto-based company said Hein Raat has been appointed as country manager for Sweden, which is an important role given the upcoming 5,000-meter drill program at the company's high-grade polymetallic Tomtebo Property. Drilling is scheduled to commence in the first quarter of 2021. Raat is a professional geologist (EurGeol) with extensive experience exploring for base and precious metal deposits in Scandinavia and Europe. He was a geologist for the Boliden Group in Sweden for eight years, with the last four years being focused on polymetallic projects in the Bergslagen Mining District.  Neo Lithium Corp (CVE:NLC) (OTCQX:NTTHF) (FRA:NE2) said it has hired leading global engineering firm Worley to carry out a definitive feasibility study (DFS) on its flagship 3Q project in Argentina, one of the highest-grade lithium projects in the world, as prices for the commodity have recovered in recent months The decision to progress further on the asset was made in conjunction with EV battery giant Contemporary Amperex Technology Co. Ltd. (CATL), which now owns 8% of the company after it invested C$8.6 million, and which will participate on all technical matters. Mountain Valley MD Holdings Inc (CSE:MVMD) (FRA:20MP) has submitted an application to have its common shares listed for trading on the OTCQB market in New York. The listing of the company's common shares on the OTCQB, a platform operated by OTC Markets Group Inc (OTCQX:OTCM), remains subject to the approval of the OTCQB and the satisfaction of applicable listing requirements. Group Eleven Resources Corp. (CVE:ZNG) (OTCMKTS:GRLVF) (FRA:3GE) has announced the closing of the second and final tranche of a non-brokered private placement through the issuance of 11,492,384 shares at a subscription price of C$0.065 per share for aggregate gross proceeds to the company of C$747,005. All currency is denominated in Canadian dollars. Proceeds from the offering will be used to fund further mineral exploration on the company's projects in Ireland, including drilling at the company's Carrickittle zinc-lead prospect, as well as, general and administrative purposes. The offering is subject to regulatory approval and all securities to be issued pursuant to the financing are subject to a hold period under applicable Canadian securities legislation that expires four months and one day after the closing date of the offering. Lexaria Bioscience Corp. (OTCMKTS:LXRP) (CSE:LXX) (CNSX:LXX.CN) , a global innovator in drug delivery platforms, has said it intends to effect a reverse stock split of its common stock effective as of 4.30pm EST on January 11, 2021. The reverse split will be conducted on a 1-for-30 basis resulting in the company’s current issued share capital of 90,044,312 shares of common stock being consolidated into 3,001,377 shares of common stock, subject to adjustment for fractional shares which will be rounded to the nearest whole number.  In addition, all of the company’s issued convertible securities will also be subject to the reverse split, with the exercise prices of the company’s outstanding convertible securities being adjusted accordingly. Following the reverse split, the company’s shares of common stock are intended but are not guaranteed to be listed on the NASDAQ Capital Market on January 12, 2021, or at all, as the listing is subject to the satisfaction of Nasdaq’s listing requirements, including a capital raise. Following the reverse split, the company’s shares of common stock will continue to be traded on the CSE under the existing stock symbol, LXX. If the listing of the company’s common stock on Nasdaq is approved, the common stock will no longer trade on the OTCQX as of January 12, 2021. VanadiumCorp Resource Inc. (CVE:VRB) (OTCPINK: APAFF) (FRA:NWN) announced that it has closed its previously announced financing, announced on December 31, 2020, and January 5, 2021, and raised $858,000 through the issuance of 8,580,000 units at a price of $0.10 per unit. The net proceeds of the Private Placement will be used for general working capital. Each Unit consists of one common share of the company and one common share purchase warrant. Each warrant will entitle the holder to purchase one common share at a price of C$0.15 each for a period of 24 months from the date of closing. All securities issued pursuant to the private placement are subject to a statutory four-month hold period, in accordance with applicable securities laws. O3 Mining Inc (CVE:OIII) said the TSX Venture Exchange has accepted for filing documentation relating to a non-arm's-length property transfer agreement dated December 15, 2020, between the company and NioGold Mining Corp., a wholly-owned subsidiary of O3 Mining Inc. Under the agreement, the company, through its wholly-owned subsidiary, will transfer all of its rights, title and interests in its Blondeau Guillet property, located in Belleterre, Quebec, to the purchaser. As consideration, the purchaser will pay $100,000 to the company. Milestone Scientific Inc. (NYSEAMERICAN:MLSS), a leading developer of computerized drug delivery instruments that provides virtually painless and precise injections, said that its interim CEO, Leonard Osser has completed the sale of shares to cover the cost of his options and associated taxes, as previously announced on December 16, 2020. The net impact of these transaction was an increase in Osser’s overall common stock holdings. AIM ImmunoTech Inc. (NYSEAMERICAN:AIM) has announced that this week’s planned investor conference call will be postponed and rescheduled for a later date following the death of CEO Thomas K. Equels mother over the past weekend. AIM ImmunoTech is an immuno-pharma company focused on the research and development of therapeutics to treat multiple types of cancers, immune disorders, and viral diseases, including coronavirus (COVID-19(, the disease caused by the SARS-CoV-2 virus. Nemaura Medical, Inc. (NASDAQ:NMRD), a medical technology company focused on developing and commercializing non-invasive wearable diagnostic devices and supporting personalized lifestyle coaching programs, has announced that its CEO Dr Faz Chowdhury will present at the H.C. Wainwright Bioconnect 2021 Virtual Conference taking place January 11-14, 2021. The presentation will be available for on-demand listening beginning at 6.00am Eastern Time on Monday, January 11, 2021, through close of business on January 14, 2021. For those interested in viewing Dr Chowdhury’s presentation, registration can be accessed via the following link: https://my.ct.events/register.aspx?meid=06d8ccc5-6061-4e5a-99e6-91f0a9b11cf4&rpid=11acc6fa-2949-45a1-a5e5-0db12b00ec49 CleanSpark, Inc. (NASDAQ:CLSK), an advanced software and controls technology solutions company focused on solving modern energy challenges, has said it will be participating in Renmark’s Virtual Non-Deal Roadshow Series on Monday, January 11, 2021, at 12,00pm ET. The presentation will feature Matthew Schultz, CleanSpark’s executive chairman. Topics covered will include the latest investor presentation featuring insight into the company’s growth plans and acquisition of ATL Data Center LLC. The discussion will highlight the expected timeframe to add more than 30MW to the new facility, microgrid development plans, and the additional Bitcoin miners expected to be deployed over the coming weeks.  Investors interested in participating in this event must register using the following link: https://www.renmarkfinancial.com/events/renmark-virtual-non-deal-roadshow-nasdaq-clsk/2021-01-11-170000. Registration for the live event may be limited but accessed for replay after the event on the company’s Investor website. The Valens Company Inc. (TSX:VLNS) (OTCQX:VLNCF), a global leader in the end-to-end development and manufacturing of innovative, cannabinoid-based products, has announced that Tyler Robson, the group's CEO will participate in the ATB Capital Markets 9th Annual Institutional Investor Conference being held on January 12-14, 2021. Robson is scheduled to join David Kideckel, ATB Managing Director and Senior Research Analyst, for a fireside chat titled "Cannabis 2.0... 3.0... and Beyond" on Thursday, January 14, 2021, at 9.00am ET. Management will also host one-on-one investor meetings throughout the duration of the conference. PyroGenesis Canada Inc (TSX:PYR) (OTCQB:PYRNF) (FRA:8PY) told investors on Monday that Peter Pascali, its CEO and chairman, is due to present at the Sidoti Winter 2021 Virtual Conference on Thursday, January 14 at 2:30pm ET. For over 20 years, Sidoti has provided independent securities research focused on small and micro-cap companies and the institutions that invest in them. To access the live Sidoti conference and to register, people are asked to click HERE https://sidoti.zoom.us/webinar/register/WN_qCf2QWYEQwC79n6-di9USg. For a 1x1 investor meetings with Mr Pascali, and/or to watch the company's presentation, please register for the virtual event HERE...https://www.meetmax.com/sched/event_68483/investor_reg_new.html?attendee_role_id=SIDOTI_INVESTOR. Virtual Investor Conferences and KCSA Strategic Communications have announced that the presentations from the Cannabis Industry Virtual lnvestor Conference held on January 7, 2021, are now available for on-demand viewing at VirtualInvestorConferences.com. To view the presentations, investors can use the following link: https://bit.ly/3ooTxyI. All presentations will be available for 24/7 on-demand replay for 90 days. Investors, advisors and analysts may also download shareholder materials from the "virtual trade booth" for the next three weeks. Virtual Investor Conferences is the leading proprietary investor conference series that provides an interactive forum for publicly-traded companies to meet and present directly with investors. It is part of OTC Market Group Inc's (OTCQX:OTCM) suite of investor relations services specifically designed for more efficient Investor Access.  Replicating the look and feel of on-site investor conferences, Virtual Investor Conferences combine leading-edge conferencing and investor communications capabilities with a comprehensive global investor audience network.  

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