NA Proactive news snapshot: PsyBio Therapeutics, Numinus Wellness, Arizona Silver Exploration, Loop Insights, Canada Silver Cobalt Works …

PsyBio Therapeutics Corp (CVE:PSYB) (FRA:PSYB) announced that it has amended its master-sponsored agreement with Miami University based in Oxford, Ohio for the continued advancement of its neuropsychiatric drug discovery platform. The Coconut Creek, Florida-based biotechnology company pioneering the next generation of targeted psychoactive medications, explained that the move expanded the research efforts of Dr J Andrew Jones’ lab in the Department of Chemical, Paper, and Biomedical Engineering, to include additional research work done by the McMurray Lab, run by Dr Matthew McMurray in the Department of Psychology. The company said it would provide “an additional US$1.5 million in funding until May 2023 to Miami University to support all such research.”  Numinus Wellness Inc (CVE:NUMI) (OTCMKTS:LKYSF) (FRA:LR23) announced that it has formed a partnership with KGK Science, a leading contract research organization with expertise in natural products, to undertake a new psilocybin extraction clinical trial. Numinus said the Phase 1 trial will enroll 14 human volunteers and assess the safety and psychoactive properties of a psilocybe mushroom product extracted and formulated at the Numinus Bioscience lab in British Columbia. The company noted that successful completion of the landmark trial would result in safety and efficacy data for a natural psilocybin product, which could subsequently be used for further research and government-approved special access or compassionate access programs. Arizona Silver Exploration Inc (CVE:AZS) (OTCMTS:AZASF) (FRA:A9J) posted drill results from three of the first seven holes at its Philadelphia project, which the company said, showed good gold and silver values. A total of 18 core holes have been completed to date and results from 11 holes remain outstanding. Assays reported today included 0.76 grams per ton (g/t) gold and 132 g/t silver in an intercept of 2.5 feet (ft) starting from 0.8 ft depth. In another hole, 11.10 g/t gold was hit and 316 g/t silver in a length of 2 ft, starting from 1ft below surface. Loop Insights Inc (CVE:MTRX) OTCQB:RACMF) announced that its venue management platform achieved record engagement rates at the inaugural MGM Resorts Championship PGA Tournament at Paiute Golf Resort in Las Vegas. Loop’s platform protected golfers, caddies, event organizers, volunteers, media and fans by providing safe entry for attendees, and the company’s Wallet Pass technology served as a direct communication channel for multiple promotions. A Wallet Pass promotion for other MGM sports events received a 31% click-through rate, a promotion for MGM shows received a 25% click-through rate, and a promotion for MGM sportsbook property MGMBet received a 52% click-through rate, the company said. Canada Silver Cobalt Works Inc (CVE:CCW) (OTCMKTS:CCWOF) (FRA:4T9B) has reported high-grade drill results from its Robinson Zone project Gowganda, Ontario, which has underlined the potential to expand mineralization there. The latest wedge hole hit an impressive 51,612 grams per ton (g/t) silver at the second vein (Vein 2) over a length of 0.41 meter (m), which was sunk within 60m of the so-called Robinson Zone Discovery hole. The latter hole hit the highest-grade silver to date at Robinson Zone, at 89,853 g/t silver over a true width of 5 to 7cm.  Victory Square Technologies Inc. (CSE:VST) (OTCMKTS:VSQTF) (FRA:6F6) revealed that it has signed a binding letter of intent (LOI) on April 23, 2021, to invest in the renewable energy company Stardust Solar, which operates in the US and Canada. Founded in 2017, Stardust Solar is a leader in renewable energy education in Canada, providing CSA/NABCEP approved design and installation training with hands-on experience. Stardust Solar is also one of the first companies in North America to offer a franchise opportunity dedicated to the installation of solar PV systems. Vancouver, British Columbia-based Victory Square Technologies, which builds, acquires, and invests in promising start-ups, said the details of the acquisition will be disclosed after the completion of the deal. Deep-South Resources Inc. (CVE:DSM) (OTCMKTS:DSMTF) said it has appointed METS Engineering Group of Australia to conduct and manage metallurgical and process technology test works on stockpile material from the Haib Copper Project in Namibia. The company said the test work and optimizing concept study aim to improve copper recoveries and thus potentially boost project economics substantially. In a statement, Pierre Leveille, president & CEO of Deep-South commented: "With the drilling program underway, we are delighted to continue our collaboration with METS and to advance the development of the Haib Copper project. The solid copper market outlook highly encouraging and with the funds-at-hand we are confident that our coming exploration and development program will bring strong added value in 2021 and onward.”  DGTL Holdings Inc (CVE:DGTL) (OTCQB:DGTHF) (FRA:D0G) announced that its wholly-owned Hashoff LLC subsidiary has signed a new software service agreement with the world’s third-largest producer of premium distilled product brands. The company said the initial campaign in the service agreement will deliver video-based influencer content showcasing innovative product applications to a global consumer market. Gatling Exploration Inc's (CVE:GTR) (OTCQB:GATGF) CEO Jason Billan has outlined a busy and successful first quarter at the company as it progresses to a resource update for its Larder project, Ontario, earmarked for completion by the end of 3Q. The 3,370-hectare property sits in the prolific Abitibi greenstone belt and hosts three high-grade gold deposits -  Fernland, Cheminis and Bear - which are all connected. "We have demonstrated the strong, near-surface potential of the Fernland deposit through a series of impressive intersections of up to 200 m in length that have carried strong grade for an open-pit prospect, raising our confidence that the deposit will eventually translate into a nice starter pit," said Billan in a corporate update. Algernon Pharmaceuticals Inc (CSE:AGN) (FRA:AGW) (OTCQB:AGNPF) said it has filed an end of Phase 2 meeting request (EOP2) with the US Food and Drug Administration (FDA) based on the completion of the Phase 2b part of its Phase 2b/3 coronavirus (COVID-19) trial of NP-120 (Ifenprodil). In a statement, the company said the purpose of an EOP2 meeting is to facilitate interaction between the FDA and sponsors, who seek guidance related to clinical trial design, to determine the safety of proceeding to Phase 3, to evaluate the Phase 3 plan (including protocols and endpoints for adequacy), and to identify the information necessary to support a marketing application. Neo Lithium Corp (CVE:NLC) (OTCQX:NTTHF) (FRA:NE2) has provided an update on the pilot pond expansion and operations at its Tres Quebradas lithium brine project (3Q Project) in Catamarca Province, Argentina. The company said the operational work continues to demonstrate its single-minded commitment to project-level advancements towards operations in the fastest time possible. Neo Lithium said it has been pumping brine to evaporation pilot ponds since late 2016 and two sets of ponds have been built.  Telson Mining Corporation (CVE:TSN) (OTCMKTS:SOHFF) (FRA:TSGN) said it has now closed its purchase of the variable purchase price (VPP) royalty for its Campo Morado mine, a significant step as it means realizing additional production from the asset in Mexico, while the company also revealed that construction had accelerated at its Tahuehueto gold mine in the country. Details of this royalty deal were given when the miner, in February this year, announced a US$25 million funding agreement and Telson, Accendo Syndicate and Trafigura Mexico SA de CV struck a memorandum of understanding (MoU) to negotiate a potential definitive agreement to restructure Telson's debt obligations to Trafigura and Nyrstar Canada. To buy the royalty, the company issued 14.6 million shares at C$0.345 each, which was approximately a 64% premium to Telson's trading price as of February 22, 2021 - when the parties executed the royalty acquisition agreement. Telson Mining also announced that as part of its debt restructuring initiative it has finalized terms on the first of several of its loan agreements to be restructured. Telson will be restructuring debt owed to Estrategica Corporativa en Finanzas that was originally issued under a Mexican Peso line of credit agreement dated July 22, 2016. As previously disclosed Telson was not able to meet its contractual repayment obligations to Escorfin and therefore, is in default on the line of credit balance in the equivalent amount of approximately US$3,100,000, including principal and interest. The debt is proposed to be restructured by converting the Mexican Peso balance into US$ at current exchange rates. New restructured terms include interest at 10% per annum, with a 36-month term of repayment and a 12-month grace period on both principal and interest. In consideration of the loan restructuring of this debt, the company has agreed to issue to Escorfin, 500,000 bonus shares and 1,500,000 bonus warrants, with each bonus warrant exercisable within a period of four years at a price of C$0.475, the closing price of Telson shares on April 22, 2021. BioPorto A/S (CPH:BIOPOR) (FRA:2P4) announced that it has begun a search for a new CFO after Ole Larsen resigned to pursue opportunities outside the company. Larsen had served as CFO and a member of the company’s management team since 2018. He will officially leave the company by the end of May and remain available for the company until the end of October. “It is with regret that we received Ole’s resignation,” CEO Peter Mørch Eriksen said in a statement. “He has been a truly important asset for BioPorto. During his three-year tenure, he has established a strong performing finance organization while focusing on broadening our investor reach and dialogue, which has been pivotal in execution of our funding strategy. I am grateful for his strong contribution and wish him all the best in his future endeavors.” American Battery Metals Corporation (OTCQB:ABML), which is in the process of changing its name to American Battery Technology Company, has announced a $15 million registered direct offering with a single institutional investor. Under the financing arrangement, the company said it is selling 9,090,910 shares at $1.65 each for gross proceeds of about $15 million before deducting placement agent fees and expenses. The closing of the offering is expected to occur on or about April 28, with A.G.P./Alliance Global Partners acting as the sole placement agent. PlantX Life Inc (CSE:VEGA) (OTCQB:PLXTF) (FRA:WNT1) announced an agreement to sell more than 2,000 of its products on Hudson's Bay Marketplace's online platform, which reaches millions of Canadians each year. PlantX said the items available for sale through Hudson's Bay Marketplace will include plant-based pantry items, cosmetics, and indoor houseplants that will be delivered to customers throughout Canada. “We are thrilled to start expanding our business efforts alongside such a remarkable and long-standing company like Hudson's Bay,” PlantX Life CEO Julia Frank said in a statement.  Virtual Investor Conferences, the leading proprietary investor conference series, has announced that presentations from the April 22nd Critical & Strategic Mineral Investment Opportunities in Quebec investor conference are now available for on-demand viewing via the following link: https://bit.ly/2RXmo1J. The company presentations will be available 24/7 for 90 days. Investors, advisors and analysts may download shareholder materials from the "virtual trade booth" for the next three weeks. To view a complete calendar of Virtual Investor Conferences, investors can visit www.virtualinvestorconferences.com. A real-time solution for investor engagement, Virtual Investor Conferences 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. Gold Resource Corporation (NYSEAMERICAN:GORO) has announced that Rick Irvine, its chief operating officer, will leave the company effective May 19, 2021. Allen Palmiere, president and CEO, said: "We thank Rick for his service and sincerely appreciate all of his effort and dedication to the growth and success of Gold Resource Corporation." Byrna Technologies Inc. (OTCQB:BYRN) (CSE:BYRN) said its board of directors has determined to complete a reverse stock split of the company's issued shares of common stock on the basis of one post-consolidation common share for every ten pre-consolidation shares of common stock. The company said its board has determined the reverse stock split is necessary in order for the company to meet certain requirements for listing on a national exchange. "This reverse split is an important step in our growth," said Bryna CEO Bryan Ganz. "Listing our shares on a national exchange will provide Byrna with greater exposure and visibility to the market, and provide investors with greater liquidity and ultimately, we believe, greater shareholder value." Effective April 27, 2021, with a record date April 28, 2021, the company expects to begin trading the shares on the Canadian Securities Exchange and the OTCQB on a post-consolidation basis under its existing name and ticker symbol. The company currently has 205,629,938 shares of common stock issued and outstanding shares of common stock and on completion of the reverse stock split there are expected to be 20,562,993 issued and outstanding shares of common stock. The company will not change its name or ticker symbol in connection with the reverse stock split. BlueRush Inc. (CVE:BTV) said its board of directors has granted incentive stock options exercisable for an aggregate of up to 7,250,000 common shares of the company at $0.16 per share for five years. All options have been granted to directors, officers and employees of the company pursuant to the company's stock option plan and will vest over three years with the initial vesting after 1 year. Binovi Technologies Corp (CVE:VISN) said the TSX Venture Exchange has accepted for filing a share purchase agreement dated April 15, 2021, between Samurai Motion Tracking Corp., the shareholders of Samurai and the company, whereby Binovi has acquired 100% of the issued and outstanding share capital of Samurai. Consideration is $2,516,000 that is payable by way of 31.45 million common shares at 8 cents per share to the 17 shareholders of Samurai. Ximen Mining Corp (CVE:XIM) said the TSX Venture Exchange has accepted for expedited filing documentation relating to an acquisition agreement dated March 26, 2021, between Ximen and Mineworks Ventures Inc. (Donald Rippon and Karl Schindler) under which the company has agreed to purchase a 100% interest in a 2.5% net smelter return (NSR) royalty on 51 claims covering 15,116 hectares on mineral properties, referred to as the Sidley gold-Dayton copper properties in the Greenwood mining camp in south-central British Columbia. In consideration, the company will issue 800,000 shares. Kwesst Micro Systems Inc (CVE:KWE) said the TSX Venture Exchange has accepted for filing documentation relating to an amended and restated licence agreement dated April 5, 2021, between Kwesst and AerialX Drone Solutions Inc. under which the company has gained exclusive rights to the counterdrone technology from AerialX for United States and Canadian militaries for a period of two years. By way of consideration, the company will issue immediately 100,000 common shares at a deemed value of $1.37 per share. Additionally, the company may issue up to 100,000 common shares upon AerialX achieving technical milestones. AerialX will retain an 8% royalty on annual sales. Kodiak Copper Corp (CVE:KDK) said the TSX Venture Exchange has accepted for filing documentation relating to a share purchase agreement dated April 16, 2021, between Kodiak and Orogen Royalties Inc. and Evrim Exploration Canada Corp. under which the company may acquire a 100% interest of Axe copper-gold property, located in the Similkameen mining division of British Columbia. By way of consideration, upon closing, the company will issue 950,000 common shares at a deemed value of $1.58 per share. Additionally, the company will pay cash of up to $400,000 on achieving certain milestones. Evrim will retain 2.0% of the net smelter return (NSR) royalty, 0.5% of which may be purchased at any time for $2 million. Spyder Cannabis Inc (CVE:SPDR) said the TSX Venture Exchange has accepted for filing documentation with respect to its non-brokered private placement announced on February 23, 2021, which will see 14,814,814 common shares issued at a purchase price of 6.75 cents each, together with 14,814,814 share purchase warrants with an exercise price of 13.5 cents for a period of two years with 35 placees. Weekend Unlimited Industries Inc. (CVE:POT) has said it intends to change its name to Potent Ventures Inc. and subdivide its common shares on the basis of four new common shares for every one existing common share. Immediately prior to completion of the share split, the company has 20,077,922 common shares issued and outstanding. After giving effect to the share split, the company will have approximately 80,311,688 common shares issued and outstanding. The company will continue to trade under the Canadian Securities Exchange stock symbol of POT. Endeavour Mining Corporation (TSX:EDV) (OTCQX:EDVMF) has provided notice that its 2021 Annual General Meeting will be held on May 25, 2021. The company will also hold a Court Meeting and an Extraordinary General Meeting alongside its Annual General Meeting on May 25, 2021, with regards to its proposed listing on the London Stock Exchange. The meetings will be held in a virtual format conducted via live audio-only webcast as a result of the coronavirus (COVID-19) pandemic and to mitigate risks to public health and safety. Shareholders will not be able to attend the meetings in person but will be able to participate and vote online, including submitting questions during the question and answer session, by following the instructions set out in the Scheme Circular and AGM Circular for the respective meetings. Proxy forms for the shareholder meetings must be submitted no later than 9.00am (Toronto time) on May 21, 2021. Phunware, Inc. (NASDAQ:PHUN) has announced that it is scheduled to participate at the following virtual financial conferences in the second quarter of 2021: H.C. Wainwright Cryptocurrency, Blockchain & FinTech Conference - Presenting on Tuesday, April 27 at 7.00am ET (one-on-one meetings April 26-27, 2021) Webcast: https://hcwevents.com/crypto/#; 16th Annual Needham Virtual Technology & Media Conference- Presenting and one-on-one meetings May 17-20, 2021; Northland Capital Markets Customer Engagement SaaS Conference - Fireside Chat on Wednesday, June 16 at 2.30pm ET (one-on-one meetings thereafter) Webcast: https://www.webcaster4.com/Webcast/Page/2590/41072 Mydecine Innovations Group (NEO:MYCO) (OTCMKTS:MYCOF) (FRA:0NFA) has announced that it will report its financial results for the full year ended December 31, 2020, before the market open on Monday, May 3, 2021. The company will host a conference call and audio webcast that morning at 10.30am ET featuring remarks by Josh Bartch, its CEO and Dean Ditto, CFO. Access will be via Live Call: 1-877-407-4018 (US Toll Free) or 1-201-689-8471 (International) and Webcast: http://public.viavid.com/index.php?id=144246. A replay of the call will be available through May 17, 2021, at +1-844-512-2921 (US Toll Free) or +1-412-317-6671 (International). Participants must use the following code to access the replay of the call: 13718466. The online archive of the webcast will be available on https://www.mydecine.com/#investors after the conclusion of the call. FansUnite Entertainment Inc. (OTCQB:FUNFF) (CSE:FANS) has announced that Scott Burton, its CEO, will present live at VirtualInvestorConferences.com on April 29, 2021, at 2.00pm ET via the following link: https://bit.ly/2QfbeEE. 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. It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates. Investors can more about the event at www.virtualinvestorconferences.com. OTC Markets Group Inc. (OTCQX:OTCM), the operator of financial markets for 11,000 US and global securities, has announced that Desert Mountain Energy Corp. (CVE:DME) (OTCQX:DMEHF), a resource company, has qualified to trade on the OTCQX Best Market and has today upgraded from the OTCQB Venture Market. The OTCQX Market is designed for established, investor-focused US and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market from the OTCQB Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among US investors. Robert Rolhfing, the CEO of Desert Mountain Energy said: "the Company is privileged to be accepted to the OTCQX market and through this affiliation will be able to reach a wider US equity market audience."