NA Proactive news snapshot: Essex Minerals Inc, Numinus Wellness Inc, Kenorland Minerals Ltd, MagicMed Industries Inc UPDATE ...

NA Proactive news snapshot: Essex Minerals Inc, Numinus Wellness Inc, Kenorland Minerals Ltd, MagicMed Industries Inc UPDATE ...

Proactive Investors

Published

Essex Minerals Inc (CVE:ESX) on Thursday provided an update on its Australian gold exploration earn-in joint venture with KNX Resources Ltd, noting positive findings at the Mt Turner project. In a statement, Essex said the integration of historical exploration data with initial surface sampling from the Mt Turner project area has defined drill-ready targets in the eastern Drummer Fault zone with the potential to host around a 1 million-ounce gold resource with associated high-grade silver. Numinus Wellness Inc (CVE:NUMI), a global leader in supporting and expanding the safe, accessible, and evidence-based use of psychedelic-assisted psychotherapies (PAP), has received new amendments under Canada's Controlled Drugs and Substances Act that strengthens the company's ability to lead psychedelics research and support the global psychedelics sector. The company said its Numinus Bioscience unit, which operates a state-of-the-art research lab in British Columbia, recently received amendments to its federal licence to allow the possession, production, assembly, sale, export, and delivery for a wide variety of psychedelics including – for the first time – ketamine and lysergic acid diethylamide (LSD). The amendment also supports Numinus Bioscience's role in these activities related to mescaline, N,N-Dimethyltryptamine (DMT), N-Methyl-3,4, methylenedioxyamphetamine (MDMA), psilocin, and psilocybin. Kenorland Minerals Ltd (CVE:KLD) announced Thursday that it has kicked off a new drilling program at its Frotet project in Quebec. The 9,000-metre program is designed to follow up on a previous discovery made at the Regnault area of the property, where Kenorland intersected 8.5 grams per ton (g/t) gold at 29.1 metres, including 18.4 g/t over 11.1 metres in 2020. Around 6,000 metres will be dedicated to Regnault, stepping out from previous intercepts and testing new targets within a two-kilometre strike length, the group said. MagicMed Industries Inc (CSE:MGIC) announced a new collaboration Thursday with two artificial intelligence experts to build PsyAI, a new tool designed to provide predictive and validating methodologies for psychedelic medicine. MagicMed will be working with Drs Suran Goonatilake and Eric Nyberg, who the company described as “thought leaders in artificial intelligence”. Goonatilake, a visiting professor at the UCL Centre for Artificial Intelligence, and co-founder of April 19 Discovery Inc, has a track record in developing new AI methods and applying them to address some of the world’s hardest problems. Arcadia Biosciences Inc (NASDAQ:RKDA) (FRA:17D) reported that the US Patent and Trademark Office has awarded the company a patent for its high fiber resistant starch GoodWheat. Arcadia Biosciences noted that this latest patent, the 28th patent for Arcadia's GoodWheat non-GMO wheat platform, broadens protection of company's platform of specialty wheat ingredients with improved nutrition profiles. “This newest patent further strengthens our position as a leader in crop innovation bringing value and nutritional improvements to wheat products, and ultimately to consumers,” Arcadia Biosciences CEO Matt Plavan said in a statement. BioSig Technologies, Inc. (NASDAQ:BSGM), has said the US Patent Office has allowed a utility patent that its majority-owned subsidiary NeuroClear Technologies, Inc. had exclusively licensed from the Mayo Foundation for Medical Education and Research. The company said the recently allowed patent application number 16/805,017 entitled "Systems and Methods for Electroporation" was filed on February 28, 2020. The patent describes and claims methods and materials for improving the treatment of hypertension via electroporation of nerves in the renal area. Electroporation is an emerging technique that has demonstrated efficacy in treatments for several critical conditions and is currently being evaluated for the treatments of autonomic nervous disorders, including hyper and hypotension/syncope. Loncor Resources Inc (TSE:LN) (OTCQX:LONCF) (FSE:LO51) has revealed encouraging results from its current drilling program at the Adumbi deposit on the Imbo project in the Democratic Republic of the Congo. The company said that it had intersected 43.1 metres grading 1.7 grams per ton (g/t) gold; 0.8 metres grading 21.8 g/t gold and 15 metres grading 3.6 g/t gold, including 3.1 metres grading 13.3 g/t gold. Loncor president Peter Cowley told investors that the company continues to be impressed with the drill results from Adumbi. PharmaDrug Inc (CSE:BUZZ) (OTCPINK:LMLLF) subsidiary Sariyo Therapeutics Inc, a biotechnology company developing the compound Cepharanthine as a treatment for cancer and other diseases, announced Thursday that gastric cancer expert Yelena Janjigian has joined its newly appointed scientific and clinical advisory board. Janjigian is the chief of the Gastrointestinal Medical Oncology Service in the Division of Solid Tumor Oncology within the Department of Medicine at Memorial Sloan Kettering Cancer Center (MSK) in New York.  Namaste Technologies Inc. (CVE:N) (FRA:M5BQ) (OTCMKTS:NXTTF) has announced the appointment of Ms Slava Klems, CPA, CA as chief financial officer (CFO) effective March 3, 2021. The company noted that Klems, who has been the Interim CFO since October 31, 2020,  is an accomplished finance executive with over 10 years experience in senior finance management positions at AIMIA Inc. (Aeroplan) and Dominion Citrus Income Fund, plus experience across diverse industries including retail, distribution, manufacturing, pharmaceutical and automotive sectors. She joined Namaste in July 2020 and has proven herself as a driven and hardworking professional with a proven record in change management, process optimization and improved operational efficiencies. HighGold Mining Inc (CVE:HIGH) (OTCQX:HGGOF) has said it plans to systematically explore and generate multiple drill targets at its Munro-Croesus gold project in Timmins, Ontario, having consolidated its ground in the area. Recently acquired claims mean the firm's asset area now spans 32 square kilometres or 3,187 hectares in the 100-plus million ounce Timmins camp. Orgenesis Inc. (NASDAQ:ORGS) announced that it plans to host a conference call at 8.30am Eastern Time on Tuesday, March 9, 2021, to discuss its financial results for the 2020 fiscal year ended December 31, 2020, as well as the company’s corporate progress and other developments. The conference call will be available via telephone by dialing toll free 877-545-0320 for US callers or +1 973-528-0016 for international callers and using entry code 796258. A webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2585/40294 or on the 'Investor Events' section of the company's website: https://ir.orgenesis.com/overview#/ A webcast replay will be available on the Investor Events section of the website through Wednesday, March 9, 2022. A telephone replay of the call will be available approximately one hour following the call, through Tuesday, March 23, 2021 and can be accessed by dialing 877-481-4010 for U.S. callers or +1 919-882-2331 for international callers and entering conference ID: 40294. Esports Entertainment Group Inc (NASDAQ:GMBL) (FRA:40Y1) announced Thursday a multi-year sponsorship with Kraft Sports and Entertainment to be the official esports tournament provider sponsor of the New England Patriots and the New England Revolution. As part of the agreement, the company said it will use Patriots (football) and Revolution (soccer) marks to promote their bi-annual esports tournaments on its Esports Gaming League (EGL) platform.  FansUnite Entertainment Inc (CSE:FANS) (OTCQB:FUNFF) (FRA:4UY) announced that its subsidiaries, Askott Entertainment (Malta) Limited and E.G.G. Ltd, have applied for Business-to-Business (B2B) and Business-to-Consumer (B2C) gambling licenses, respectively, with the United Kingdom (UK) Gambling Commission. FansUnite said the applications to become a B2C gambling operator and a B2B technology provider represent a critical step for the company to expand its operations into the UK, a jurisdiction that is considered to be one of the largest gambling markets in the world.  Mawson Gold Limited (TSE:MAW) (OTCPINK:MWSNF) (FRA:MXR) has said it is 'encouraged' by drill assays from a hole at the F11 target, which lies 50 kilometres (km) to the south of Cannington silver-zinc-lead mine in the Mount Isa block in Australia. The hole was completed in October, last year and sunk to 849.7 metres (m), hitting basement rocks at a depth of 318m. Nine of 20 samples taken from below 750m ranged between 61 parts per million (ppm) and 8,660 ppm copper and averaged 1,202 ppm copper. NetCents Technology Inc (CSE:NC) (FRA:26N) (OTCQB:NTTCF) announced Thursday that the company processed more than C$6.7 million in cryptocurrency transactions in February. That figure was a decrease from January's volume, but that was not unexpected, given the shorter month and historic trends, the company. Thus far in March, NetCents has already processed more than C$1.6 million. Additionally, average transaction value increased from $1,978 to $2,191, with more than 700 new merchants signing up to the platform so far in 2021, and the company signed six new partners in February. Great Panther Mining Limited (TSE:GPR) (NYSEAMERICAN:GPL) (FRA:G3U) delivered record mine operating earnings and cash flow in the year to December 31, despite the challenges of the pandemic, it told investors. The gold and silver producer met its production guidance for the year and also managed to reduce all-in-sustaining costs (AISC) across its mines in Mexico and Brazil. Chief executive Rob Henderson highlighted the group had also "significantly" strengthened its balance sheet, as well as add reserves and resources through exploration programs.  Tocvan Ventures Corp (CSE:TOC) (FRA:TV3) has updated on exploration at its Pilar gold-silver project in Mexico, where detailed mapping and sampling has taken place at key targets ahead of drill planning. The company said 150 rock chip samples have been collected, covering 60% of the property and work will continue for the next two weeks followed by final planning for the next phase of drilling. TechX Technologies Inc (CSE:TECX) (OTCMKTS:TECXF) (FRA:C0B:FF) announced Thursday that it has signed a letter of intent (LOI) to exchange certain information in pursuit of a potential transaction involving the acquisition of all of the outstanding share capital of CryptoBuddy Technologies Inc TechX said CryptoBuddy.ai is a crypto signals platform that allows traders to safely navigate cryptocurrency market conditions and cut through the market noise with Artificial Intelligence-generated future price forecasts and trade signals. By leveraging state-of-the-art AI, CryptoBuddy is the first to provide the most comprehensive AI-generated price forecasts and trade signals to retail investors. Marble Financial Inc (CNSX:MRBL) (OTC:MRBLF) (FRA:2V0), an AI-driven fintech company that helps Canadians manage their financial futures, has introduced new subscription tiers for its financial wellness SaaS platform, MyMarble. With a large amount of the Canadian market striving to achieve financial wellness through maximizing their available budget with prescriptive AI technology, Marble believes the introduction of MyMarble's new subscription tiers, Basic (C$9.99), Pro (C$19.99) and Premium (C$29.99) will generate new revenue streams by attracting a wider audience of potential consumers. INDVR Brands Inc (CSE:IDVR) (OTCMKTS:CAAOF) (FRA:3YX) reported that it has agreed to acquire “substantially all” of the assets of Nevada-based Strainz Inc and Colorado-based Bronnor, Corp, which will allow INDVR to become a fully-licensed manufacturer and distributor of infused products in Colorado. INDVR said the pending acquisition will give it access to a distribution platform of more than 500 dispensaries in Colorado and Nevada, including over 1,200 dispensaries across four states.  Pure Gold Mining Inc (CVE:PGM) (LSE:PUR) (OTCMKTS:LRTNF) announced Thursday that it has intersected high-grade gold mineralization outside the current resource area at its PureGold operation in Red Lake. The company said exploration drilling intersected high-grade mineralization at the Wedge, Treasure Box and No 1 Vein targets at the property. Results included 16.6 grams per ton (g/t) gold over 5 metres (including 33 g/t gold over 1 metre and 19.5 g/t gold over 1 metre) at Wedge; with another hole on the target intersecting 10.5 g/t gold over 3.5 metres including 28.9 g/t over 1 metre. Separately on Thursday, analyst Alex Terentlew at Stifel GMP is increasing the 2021 production forecast from the PureGold mine by 8%. Nextleaf Solutions Ltd (CSE:OILS) (OTCQB:OILFF) (FRA:L0MA) announced Thursday the initial order of its Rapid Emulsion Technology by OILS THC and CBD to cannabis-infused beverage manufacturer BevCanna Enterprises Inc (CSE:BEV) (QTCQB:BVNNF) (FRA:7BC).  With this initial order, Nextleaf said its Rapid concentrate becomes one of BevCanna's preferred ingredients, available for use in both their brands and their partner brands. Rapid is Nextleaf's patent-pending delivery technology. BevCanna develops and manufactures a range of cannabis-infused beverages for both in-house brands and white-label clients, and is the exclusive Canadian licensee for the award-winning, No.1 selling brand in the US -- Keef Brands. Jack Nathan Medical Corp, the holding company for Jack Nathan Health (CVE:JNH) (OTCQB:JNHMF) shares have started trading on the OTCQB Venture Market, broadening the Canadian healthcare company’s investor base throughout the US. Shares of Toronto-based Jack Nathan Health debuted on the exchange under the symbol ‘JNHMF’ on March 3. In a statement Thursday, CEO George Bakarat called the listing a “significant milestone” for the company that will provide it with additional liquidity and better exposure to US investors. GR Silver Mining Ltd (CVE:GRSL) (OTCQB:GRSLF) (FRA:GPE) said latest drilling at its Plomosas project in Mexico has encountered high grades, underlining the potential for a future shallow underground mine development at the property. The assays hail from one hole - part of the 2021 resource delineation drilling program at the San Juan Area - and wide, high-grade silver mineralization was hit 55 metres (m) below surface, extending the known mineralized zone.   Recruiter.com Group, Inc. (OTCQB:RCRT), a leading AI-powered hiring platform with the world's largest network of recruiters, announced that its chairman and CEO, Evan Sohn, will present the results of the company’s Recruiter Index for February 2021 live on CNBC this Thursday, March 4, on “The Exchange,” which airs 1.00pm to 2.00pm ET. The Recruiter Index is a survey of the Recruiter.com recruiter network, which is comprised of more than 26,000 small and independent recruiters. It has a successful track record of forecasting the Labor Department’s jobs report by relying on the sentiment of recruiters. “We are generating a wealth of data across the business landscape as our network continues to grow, providing strong insight into areas of business that show the most potential for growth, and I am excited to once again share the latest results with the CNBC audience,” said Sohn. Bragg Gaming Group inc. (TSX:BRAG) (OTCMKTS:BRGGF) announced that its wholly-owned subsidiary ORYX Gaming is taking Croatian land-based operator Senator online with a complete turnkey solution. The ORYX solution includes the ORYX iGaming Platform, ORYX Hub and a wide selection of ORYX RGS and third-party aggregated content. Senator, which operates 17 casinos in Croatia, will leverage ORYX’s proprietary set of tools including player and payments management, CRM and promotions, bonuses and rewards, fraud, rules engine, compliance, analytics and reporting, and CMS. Loop Insights Inc (CVE:MTRX) (OTCQB:RACMF) said it has hired Ian Cameron - a global marketing, eCommerce, and brand executive with over 20 years of experience - as its vice-president (VP) of marketing, effective March 15 this year. Cameron was the former general manager of global brand and marketing communications at Seiko Epson Corporation (OTCMKTS:SEKEF) - the global printing equipment leader with a market cap of US$5.73 billion.  NexTech AR Solutions Corp (OTCQB:NEXCF) (NEO:NTAR) (CSE:NTAR) (FRA:N29) has joined the Interactive Advertising Bureau (IAB) AR board, a trade association with more than 650 member media companies, brands and technology firms responsible for selling, delivering and optimizing digital ad marketing campaigns, the company announced. As an IAB AR board member, NexTech will work along with industry peers to establish standards for AR creative formats, performance benchmarking measurement standards and privacy considerations.  Real Luck Group Ltd. (CVE:LUCK) announced that it has become an official member of the Canadian Gaming Association (CGA), the national trade association of the gaming industry in Canada, effective from February 18, 2021. The company and its subsidiaries do business as Luckbox and provide legal, real money esports betting, The CGA is a national trade association that works to advance the evolution of Canada's gaming industry. The association's mandate is to promote the economic value of gaming in Canada; use research, innovation, and best practices to help the industry advance; and create productive dialogue among stakeholders. Empower Clinics Inc (CSE:CBDT) (FRA:8EC) (OTCQB:EPWCF) announced Thursday the receipt of more than $10.5 million from the exercise of warrants up to March 1, 2021, demonstrating the strength of the company's financial resources and balance sheet. The company said it has received an additional $5 million since the announcement on December 14, 2020, when it reported the receipt of about $5.5 million. Empower said it is in a strong financial position for continued rapid growth in its business divisions in 2021, as part of a national roll-out strategy.  XPhyto Therapeutics Corp. (CSE:XPHY) (OTCQB:XPHYF) (FRA:4XT) said it has completed a corporate rebranding and launched a new website which can be viewed at: www.xphyto.com. The company said the rebranding decision reflects its commitment to operational achievement in 2021 as a number of product development programs advance from the laboratory to the clinic. As a bioscience accelerator at the leading-edge of the life science industry, XPhyto is targeting value creation through commercialization of its development pipeline and focused investment in impact-driven innovation. Clean Seed Capital Group Ltd. (CVE:CSX) has announced the opening of its virtual recruitment campaign for agricultural equipment dealers and precision agronomy companies interested in distributing the SMART Seeder MAX/MAX-S models and related technologies, initially Canada and the United States.  The virtual 'Call for Distribution' recruitment campaign is now available and leverages all major social media platforms, both organically and via sustained demographic targeting campaigns with online click-through forms. The campaign is designed to accept information from prospective distributors based on their geographic region, capabilities and interest in contributing to the advancement of agriculture. Graeme Lempriere, Clean Seed CEO commented: “From inception, Clean Seed’s mandate was to bring about change in the seeding and planting agricultural technology sector through the implementation of new forward-thinking innovative solutions that changed the course of an industry. Our approach to sales and distribution is no different, we pride ourselves in thinking outside the box impacting the sales process creating a unique customer buying and service experience.” Zynerba Pharmaceuticals, Inc. (NASDAQ:ZYNE), the leader in innovative pharmaceutically-produced transdermal cannabinoid therapies for rare and near-rare neuropsychiatric disorders, has announced that company management will participate in the 33rd Annual ROTH Conference, which will be held virtually on March 15-17, 2021. Investors interested in arranging a virtual meeting with the company’s management on Wednesday, March 17, should contact the ROTH conference coordinator or brandon.weiner@westwicke.com. American Resources Corporation (NASDAQ:AREC), a next-generation and socially responsible supplier of raw materials to the new infrastructure and electrification marketplace, has announced that an interview with Mark Jensen, its chairman and CEO, will air on The RedChip Money Report on Bloomberg TV in the US on Saturday, March 6, 2021, at 7.00pm ET in 73,000,000 homes across the United States. The RedChip Money Report interview will also air on Bloomberg International TV in Europe in over 100,000,000 homes on Sunday, March 7, 2021, at 6.00pm ET. In the exclusive interview, Jensen discusses American Resources' innovative steps to restore the critical and rare earth supply chain back to the United States using the most environmentally friendly methods. To view the interview segment, visit: https://m.youtube.com/watch?v=tEqnmXCzn-A&feature=youtu.be PsyBio Therapeutics Corp. (CVE:PSYB), a leader in the field of psychedelic research and drug development, has announced that, subject to the receipt of approval by the TSX Venture Exchange, it has retained Generation IACP Inc. to provide market-making services with the objective of maintaining a reasonable market and improving the liquidity of its shares. Under the agreement, the Company has agreed to initially pay Generation a fee of C$7,500 plus applicable taxes per month for a six-month term, subject to termination in accordance with the notice provisions provded for in the agreement. Generation will not receive any securities as compensation. Generation does not currently own any securities of PsyBio; however, Generation and its clients may acquire a direct interest in the securities of the company Hill Street Beverage Company Inc.(CVE:BEER) said that further to its press release dated March 2, 2021, it has obtained TSX Venture Exchange approval to extend the closing date of its previously announced private placement of units until April 7, 2021. The company said it applied to extend the date of closing to allow a greater number of interested investors to participate. Global Energy Metals Corporation (CVE:GEMC) (OTCMKTS:GBLEF) (FRA:5GE1) has announced that it will be showcasing its investment exposure to the electrified future through its growing portfolio of jurisdictionally-safe, battery metals projects during the PDAC International Convention, Trade Show & Investors Exchange being held virtually March 8 to March 11, 2021. The company said its representatives will be available daily at the Global Energy Metals booth within the Investors Exchange Exhibitor Portal during the virtual conference. One-on-one meeting with management can be scheduled using the online booking details within the virtual exhibitor portal. AIM ImmunoTech Inc. (NYSEAMERICAN:AIM) has announced that its chief executive officer, Thomas K. Equels will be presenting at the H.C. Wainwright Life Sciences Conference to be held virtually between March 9-10, 2021. The company said its presentation will be available on-demand to registered attendees via the conference platform beginning Tuesday, March 9, 2021, at 7.00am Eastern Time. The webcast will be accessible to view via the following link after registration: https://journey.ct.events/view/1c5ad409-008c-41c7-93c9-2897f2d2121f. It will also be available on the investor relations section of AIM ImmunoTech's website at https://aimimmuno.com/events-presentations/. Management will also be available to participate in one-on-one meetings with qualified members of the investor community who are registered to attend the conference. OTC Markets Group Inc. (OTCQX:OTCM), the operator of financial markets for 11,000 US and global securities, has announced that FCR Immobilien AG (FRA:FC9) (OTCQX: FCRIF), a real estate company headquartered in Munich, Germany, has qualified to trade on the OTCQX Best Market. Trading on the OTCQX Market offers companies efficient, cost-effective access to the US capital markets. 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. "FCR has grown very strongly and profitably since it was founded in 2014. We are now one of the leading retail real estate companies in Germany. And we want to keep growing. For this reason, I am extremely pleased that FCR can now benefit from new investors and the large network via the OTCQX Market. I am sure that FCR can offer sustainable, attractive added value for return-oriented investors," said Falk Raudies, founder and CEO of FCR Immobilien AG.

Full Article