NA Proactive news snapshot: Bragg Gaming, Jack Nathan Health, Telson Mining, Ascendant Resources, TechX Technologies UPDATE ...

NA Proactive news snapshot: Bragg Gaming, Jack Nathan Health, Telson Mining, Ascendant Resources, TechX Technologies UPDATE ...

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Bragg Gaming Group (TSE:BRAG) (OTC:BRGGF) has found its new CEO in board member Richard Carter, effective May 1. Before joining the Bragg board in the fall of 2020, Carter was the CEO of sports betting solutions and services provider SBTech for five years, prior to the company’s merger with DraftKings. Additionally, members Paul Godfrey and Lara Falzon assumed the roles of chair of the board and audit committee chair, respectively, on May 3. Jack Nathan Medical Corp (CVE:JNH) (OTCQB:JNHMF), operating as Jack Nathan Health, has announced that its wholly-owned subsidiary Writi Inc has secured the software installation for 15 new Long-Term Care (LTC) homes, representing over 1,650 beds. The company said this integration, when complete, will double the number of LTCs using the Writi platform and increase its recurring revenue install base to a total of 30 LTCs and over 3,200 beds in Ontario. These new integrations will be driven by Writi v2.0 which delivers enhancements to speed and efficiency across all modules, secure group conferencing video calling between healthcare entities and a new and improved mobile app. Telson Mining Corporation (CVE:TSN) (OTCMKTS:SOHFF) (FRA:TSGN) reported a 30% year-over-year increase its fiscal 2020 revenue to C$44.4 million as the company’s Campo Morado mine production in Mexico increased at an average rate quarter over quarter of about 50%. Results were also boosted by a nearly 2% average month-over-month rise in zinc prices as well as a more than 4% month-over-month increase in the price of silver during the year. Ascendant Resources Inc (TSE:ASND) has tapped mining veteran Joao Barros as president of the Portugal-focused junior company following the resignation of CEO Chris Buncic. Barros, the current head of Ascendant’s Portuguese subsidiary Redcorp – Empreendimentos Mineiros Lda, is well versed in the company’s Lagoa Salgada VMS project in the Iberian Pyrite Belt in Portugal. In a statement, Toronto-based Ascendant said Barros will continue to oversee exploration and development at Lagoa Salgada as the company moves towards a feasibility study on the project. TechX Technologies Inc (CSE:TECX) (OTC:TECXF) (FRA:C0B1) has signed a definitive agreement to acquire a 100% interest in XPort Digital Limited, which offers credit card processing for cryptocurrency exchanges and wallets, in a stock deal worth C$5 million. XPort is a merchant services company, known as fiat-to-crypto gateway solution (think dollars to bitcoin, etc). Its plug-and-play customizable widget can be set up quickly for merchants to process credit card transactions instantly and securely, the company said. TechX issued 5.2 million common shares at a deemed value of $0.952 per share. Mydecine Innovations Group (NEO:MYCO) (OTCMKTS:MYCOF) (FSE:0NFA) posted full-year 2020 results that showed the company was well-funded to advance its intellectual property (IP) portfolio and expand its clinical trial calendar. As of December 31, 2020, the Denver, Colorado-based biopharma company focused on the research and development of alternative nature-sourced medicine, had cash and equivalents of $2.2 million. Subsequently, Mydecine raised around $30 million. Mydecine said it is “well-funded to advance its IP portfolio, expand clinical trial calendar, expand European operations; and build out its technology division.” Mountain Valley MD Holdings Inc (CSE:MVMD) (FRA:20MP) (OTCQB:MVMDF) announced that the company has filed a novel cancer adjuvant patent and is proceeding with pre-clinical trials with third-party cancer contract research organizations in triple-negative breast cancer, metastatic melanoma, and lung carcinoma. The patent-pending adjuvant utilizes the firm’s advances in macrocyclic lactone solubility to consider ivectosol as a viable drug for numerous cancer therapies. Mountain Valley said its “solubility technology” applied to the ivermectin drug is the only form in the world that uses “excipients that are approved by the US Food and Drug Administration, making it a leading candidate for human injection or intravenous infusion.”  DGTL Holdings Inc (CVE:DGTL) (OTCQB:DGTHF) has revealed its third-quarter financials, showing it generated nearly $1.3 million in revenue off the back of growing demand for CaaS (content-as-a-service) platforms. The New York City-based integrated media company reported $1,250,782 in revenue for the three months ending February 28, as subsidiary Hashoff reflected $744,984 for the same quarter in 2019, for a 68% growth spike. DGTL also announced $3,666,603 in revenue for the nine months ending February 28, versus $2,142,484 for the same period in 2019, representing a 71% increase.  Revive Therapeutics Ltd (CSE:RVV) (OTCMKTS:RVVTF) announced it has entered into a sponsored research agreement with the University of California, San Francisco (UCSF), to explore using the drug Bucillamine as a treatment for severe coronavirus (COVID-19). Revive said the agreement will support research in the laboratory of Dr. John Fahy to test the efficacy of Bucillamine in pre-clinical models of COVID-19 and to design protocols that test the utility of the drug in human trials. Tetra Bio-Pharma Inc (TSE:TBP) (OTCQB:TBPMF) (FRA:JAM1), a leader in cannabinoid-derived drug discovery and development, revealed that it has been granted a Health Canada Drug Establishment License (DEL) to distribute REDUVO cannabinoid soft gel capsules in Canada. REDUVO is a synthetic THC-based soft gel capsule aimed as a therapy to combat severe nausea and vomiting associated with cancer chemotherapy. It is currently being assessed by Health Canada for the issuance of a Drug Identification Number (DIN). REDUVO, known as Marinol in the United States, has been approved as a regulated pharmaceutical drug by the US Food and Drug Administration since 1985. "We look forward to working closely with our Contract Manufacturing Organization for the importation, warehousing, and dissemination of the THC pharmaceutical drug to pharmacies across Canada,” Tetra CEO Dr Guy Chamberland said in a statement. Los Andes Copper Ltd (CVE:LA) (OTCMKTS:LSANF) (FRA:L41A) will receive a US$5 million investment from Queen's Road Capital Investment Ltd (CVE:QRC) via a convertible debenture. The proceeds will be allocated towards the completion of the Vizcachitas project’s pre-feasibility study, according to a statement. Los Andes Copper owns 100% of the Vizcachitas project, one of the largest advanced copper deposits in the Americas, which will become Chile’s next major copper mine. n conjunction with the investment, Los Andes Copper said that the chairman and CEO of Queen's Road Capital, Warren Gilman, has agreed to be nominated for appointment to the board of directors of the company at its upcoming shareholder meeting. Binovi Technologies Corp (CVE:VISN) (OTCQB:BNVIF) (FRA:2EYA) has completed its previously announced C$2.5 million all-stock acquisition of Samurai Motion Tracking Software and thereby its computer-aided vision therapy (CAVT) technology. The company issued 31.4 million shares at a price of C$0.08 per share to the underlying shareholders of Samurai. CAVT is an extensive software package for developing eye tracking skills, visual thinking and processing skills, as well as binocular vision skills. Idaho Champion Gold Mines Canada Inc (CSE:ITKO)(OTCQB:GLDRF) announced an early exercise warrant incentive program intended to encourage the early exercise of the company's 21,457,588 outstanding purchase warrants with a strike price of $0.15. The warrant program will be open for a 30-day period and is only for warrants priced at $0.15 with an expiry of May 17, 2024, June 7, 2024, August 27, 2024, February 14, 2025, February 26, 2025 and March 6, 2025. Under the program, each warrant that is exercised during the exercise period will receive one new common share purchase warrant exercisable at a price of $0.25 for a five-year period, subject to acceleration. The company will use the proceeds received as a result of the warrant program to fund the 2021 exploration program at the company's Baner and Champagne gold projects. Agraflora Organics International Inc (CSE:AGRA) has delayed filing of its annual financial statements for the fiscal year ended Dec. 31, 2020, as a result of delays to its audit. The company was granted a management cease trade order by the British Columbia Securities Commission. The reason for the default is due to the recent resignation of the CEO and chairman on March 8, 2021 and limited staffing resources. The company currently expects to file on or before May 31, 2021. Gevo Inc (NASDAQ:GEVO) and Total Cray Valley announced the successful completion of Phase 1 of their Joint Development Agreement (JDA) to upgrade fusel oils into renewable isoamylene. The companies are now seeking to advance to Phase 2 of the JDA, which will allow for scale-up of Gevo’s technology at a demonstration scale. The JDA, signed in 2020, is based on Gevo’s chemical-based catalytic processes that selectively convert low-value fusel oils, a mixture of alcohols that are byproducts from fermentation processes such as ethanol or isobutanol production, into higher-value renewable chemicals such as isoprene, ketones, aldehydes, or olefins, in this case isoamylene. Isoamylene is used in a diverse set of applications, including resins, pesticides, flavors and fragrances, pharmaceuticals, healthcare products, and adhesives.  Nova Royalty Corp (CVE:NOVR) (OTCMKTS:NVARF) announced its royalties portfolio increased from 5 to 18 during 2020 in what it said was a “transformational year” for the company. “The company now owns royalties on several of the largest and most advanced copper and nickel deposits that will be critical in achieving global net-zero emission targets by 2050. With a rapidly diversifying portfolio, Nova has emerged as a natural partner for owners of royalties on the world's most significant copper and nickel deposits,” Nova Royalty CEO Alex Tsukernik said in a statement.  Gatling Exploration Inc (CVE:GTR) said Peter Dickie has resigned as a director of the company. The company thanks Mr Dickie for his service and wishes him well in his future endeavours. Organic Garage Ltd (CVE:OG) (FRA:9CW1) (OTCQX:OGGFF), one of Canada’s leading independent organic grocers, has announced that its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company (DTC) in the US. DTC is a subsidiary of the Depository Trust & Clearing Corporation, a US company that manages the electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and settled through DTC are "DTC eligible." Shares can now be purchased through online brokers with DTC eligibility. "The ability to have the Company's shares electronically transferred between brokerages in the United States adds convenience, reduces costs and simplifies the process for our investors,” said CEO Matt Lurie. "We have opened the entryway to new investors that may have been previously restricted from our stock. This important milestone will provide both existing and potential investors the benefit of increased liquidity as we broaden our investor base.” CO2 GRO Inc (CVE:GROW) (OTCQB:BLONF) (FRA:4021) has announced that the board of directors has approved the grant of 1,680,000 stock options. The options are exercisable into common shares at $0.32 each over the next three years and all vesting over the remainder of 2021. So far, a total of 6,589,740 common shares are reserved for issuance under its stock option plan, with 1,871,232 options remaining for issuance. Empower Clinics Inc (CSE:CBDT) (OTCQB:EPWCF) has determined that it will not be able to file its annual audited financial statements for the year ended December 31, 2020 by the prescribed filing deadline of April 30, 2021. Empower said the delay is primarily due to the negative impact of the coronavirus pandemic and its inability to travel for audit purposes to US-based subsidiaries. Further, the company completed two acquisitions in late 2020 of private companies that had no prior audit experience, in addition an independent third-party valuation of the new subsidiaries has been required by its audit firm. The company has made an application to the British Columbia Securities Commission for a temporary management cease trade order. Xigem Technologies Corporation (CSE:XIGM) (FRA:2C1) announced that it has granted 400,000 incentive stock options under its stock option plan. Each option entitles the holder to purchase one common share of the company at an exercise price of $0.55 and will vest immediately. The options were granted on April 30, 2021, by Xigem's board of directors and include 200,000 options, valid for a period of three years, for a consultant to the company, and 200,000 options, valid for a period of five years, for members of the company's Advisory Board. The company also added ecommerce veteran Wei Lin to its advisory board. Wei is the CEO and co-founder of Project Genesis, which focuses on consolidating e-commerce brands, starting with Amazon third-party sellers, and a co-founder of Lightheart Management Partners, the primary firm that seeded Project Genesis. He also completed stints at CPS Capital, where he led deals in the clinical research and non-profit and charity services sectors, and McKinsey & Company where he served clients in the High Tech, Media, Telecom, Banking, and Private Equity sectors. Aurelius Minerals Inc (CVE:AUL) has said that under a directors resolution' dated April 28, 2021, 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, May 4, 2021, the common shares of Aurelius Minerals will commence trading on the TSX Venture Exchange on a consolidated basis.  Naturally Splendid Enterprises Ltd (CVE:NSP) (OTCPINK:NSPDF) (FRA:50N) reported fiscal 2020 sales of C$1.6 million, as coronavirus (COVID-19) restrictions weighed on its operations, although the company remains optimistic that 2021 will yield better results. “2020 was a year of contrasts as we entrenched ourselves further into the plant-based consumer markets even while managing the significant operational challenges presented by the COVID pandemic,” Naturally Splendid CEO Craig Goodwin said in a statement. Real Luck Group Ltd (CVE:LUCK) (OTCQB:LUKEF) ended its fiscal 2020 with over C$3.8 million in cash after an oversubscribed financing and public listing on the TSX Venture Exchange. In a statement accompanying the results, CEO Quentin Martin called fiscal 202 an “important year” for the young company. "Our focus throughout fiscal 2020 was on developing our proprietary esports betting platform and, despite nominal marketing spend, we were able to organically and efficiently increase our audience as the global pandemic brought esports betting into focus during early 2020,” Martin told investors. Zinc8 Energy Solutions Inc (CVE:ZAIR) (OTCPINK:MGXRF) (FRA:0E9) has announced that 2021 will be an “anchor year” as it advances its Zinc-air Energy Storage System toward commercialization. The company recently raised $15 million in funding and has leased a 16,000 square-foot testing and assembly facility. It intends to build five Zinc-air batteries to complete the certification process and advance the production schedule by establishing pilot production capability.  “2021 will be the anchor year as the company aims to be in small-scale production in 18-24 months,” Zinc8 said in a statement. Looking ahead, for the first 12 months of production starting in 4Q 2022 and based on a 3MW to 10MW (megawatt) production range, the company said the potential revenue impact could be $6 million to $20 million, assuming $200 per kWh (kilowatt). Phyto Extractions Inc (CSE:XTRX) (FRA:D2EP), formerly named Adastra Labs Holdings Ltd, has announced that interim CEO and director J. Scott Munro is moving on. The company said it has identified a new permanent candidate for the CEO post and an additional director to fill the vacancy created by Munro's transition. It added that it expects to announce the appointments in the immediate future and that such appointments will continue the great work completed to date that has positioned the brand as a provider of quality cannabis products. Victory Square Technologies Inc (CSE:VST) (OTCMKTS:VSQTF) (FRA:6F6) posted fourth-quarter and full-year results on Friday, revealing net income growth and a swing into positive earnings in both instances. For the three months ended December 31, the company saw net income of C$8.4 million, an increase of 64% from C$5.1 million in the same quarter a year ago. Earnings were C$0.11 per share, up year-over-year from a loss of C$0.07. In 2020 as a whole, Victory Square’s net income was C$19.7 million, easily more than double the C$8.9 million it recorded in 2019. Earnings were C$0.30 per share, up from a loss of $C0.10.  GR Silver Mining Ltd (CVE:GRSL) (OTCQB:GRSLF) revealed high-grade silver results from a drilling program at the San Juan area of its Plomosas silver project in Mexico. New drill results show that high-grade mineralization extends 100 metres to the north along strike in the San Juan vein, the company said. Another wide mineralized zone of up to 65 metres continuous silver was delineated on the footwall of the Yecora vein, defining shallow wide mineralized zones that will be included in an upcoming maiden resource estimate. FansUnite Entertainment Inc (CSE:FANS) (OTCQB:FUNFF) (FRA:4UY) announced it has been shortlisted for two 2021 EGR North America online gaming awards in the Full-Service Platform Provider and Sportsbook Platform Provider categories.  The company said the EGR Awards recognize and reward the top suppliers and operators in the fast-growing North American online gaming market, with the winners being selected based on their achievements in advancing the gaming industry across various verticals. American Eagle Gold Corp (CVE:AE), part of the Ore Group led by Stephen Stewart, has begun trading its shares under the ticker symbol 'AE' on the TSX Venture Exchange. The Nevada-focused exploration company’s flagship asset is the Golden Trend Project, immediately adjacent to Nevada Gold Mine's (Barrick and Newmont JV) Goldrush deposit within the Cortez Trend. American Eagle is exploring for large Carlin-style type deposits within the same geologic environment as the adjacent Goldrush and Cortez Mines. In a statement, American Eagle CEO Anthony Moreau said: "Golden Trend is underexplored given its prime location, attached to Newmont and Barrick's operations. American Eagle has a clear plan in place to move the project quickly forward towards a drill program."  Marvel Discovery Corp (CVE:MARV) (FRA:O4T) (OTCPINK:IMTFF) reports that its plans to spin out its Serpent River/Pecors and Wicheeda North properties are advancing. The spin-out, which will place the properties into a newly incorporated, wholly-owned subsidiary of the company called Power One Resources Corp, won shareholder approval on April 23, followed by the Supreme Court of British Columbia’s okay on April 28.  Esports Entertainment Group Inc (NASDAQ:GMBL), an esports and online gambling company, has announced its participation in Noble Capital Markets' C-Suite Interview Series, presented by Channelchek. CEO Grant Johnson sat down with Noble Capital Markets Senior Research Analyst Mike Kupinski for this exclusive interview. Topics covered include: How its vertical integration strategy differentiates the company; funding and closing the Helix acquisition; the regulatory outlook in New Jersey and other states; organically growing relationships with professional sports teams; M&A strategy; and catalysts that will move the stock price. The interview was recorded on April 28 and is available now on Channelchek. BioSig Technologies Inc (NASDAQ:BSGM) says CEO Ken Londoner will provide a keynote update during the Wall Street Conference on May 5 at 12:05 pm ET. The invitation-only event is due to take place at Mar-a-Lago in West Palm Beach, Florida. Twelve companies from the MedTech, biotech, and technology sectors have been invited to present during the event attended by the financial industry leaders, government representatives, and business leaders across various industries. BioSig’s PURE EP System is an advanced signal acquisition and processing platform that aims to drive procedural efficiency and efficacy in electrophysiology. The system provides essential diagnostic signals with high clinical value in all cardiac ablations that treat irregular heartbeats or arrhythmias. Benchmark Metals (CVE:BNCH) (OTCQX:BNCHF) says President Jim Greig will present live at the VirtualInvestorConferences.com on May 5 at 2 pm ET. The company invites individual and institutional investors, as well as advisors and analysts, to attend real-time, interactive presentations at the virtual confab. Benchmark Metals is focused on developing the substantial resource potential of its huge Lawyers asset, which sits in the prolific Golden Horseshoe of northern British Columbia. KULR Technology Group Inc (OTCQB:KULR), a leading developer of next-generation lithium-ion battery safety and thermal management technologies, says CEO Michael Mo will participate in Water Tower Research's Fireside Chat Series on May 5 at 2 pm ET. The Discussion Topic is: Driving KULR's Growth and Commercialization Strategy. The fireside chat is open to all investors and interested parties. Those participating in the event must register using the link below. Please note that registration for the live event is limited but may be accessed at any time for replay after the presentation ends until May 19, utilizing the same registration link. Registration Link: https://globalmeet.webcasts.com/starthere.jsp?ei=1460250&tp_key=64320f3e98 Tinka Resources Limited (CVE:TK) (OTCQB:TKRFF) a junior company focused on its 100%-owned Ayawilca Silver-Zinc Project in central Peru, announced that CEO Graham Carman CEO will speak live at VirtualInvestorConferences.com at 9:30am ET on May 4. This will be a live, interactive online event where investors are invited to ask the company questions in real-time. Interested parties can view the Carman’s talk here. Virtual Investor Conferences is the proprietary series from OTC Markets Group Inc. (OTCQX:OTCM).

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