NA Proactive news snapshot: Mydecine Innovations, Tocvan Ventures, XPhyto Therapeutics, Idaho Champion Gold Mines …

Mydecine Innovations Group Inc. (NEO:MYCO) (OTCMKTS:MYCOF) (FRA:0NFA) said its R&D team has made groundbreaking advances in psilocybin research with the discovery of over 40 compounds with pharmacological potential in mushrooms. Over the past months, Mydecine noted that the team has screened over 25 mushroom species, including various varieties of p. cubensis, and has selected and analyzed over 40 unique compounds found throughout the various species. Of these compounds, a large majority appear to have never been reported before and could be vital to the critical effects of naturally-sourced mushrooms on human health and wellbeing as well as synergistic effects with pure psilocybin. Tocvan Ventures Corp (CSE:TOC) (FRA:TV3) is poised to acquire the El Picacho project in Mexico, where five gold targets have previously been defined, for US$1,989,600 in cash over five years. The company has inked a letter of commitment with Millrock Resources (CVE:MRO) to acquire the option agreement on the road-accessible asset, which sits in the Caborca orogenic gold belt, and is fully permitted for trenching and drilling. "We are extremely excited to announce the agreement to acquire the El Picacho Gold Project," said Tocvan CEO Derek Wood in a statement. XPhyto Therapeutics Corp (CSE:XPHY) (OTCMKTS:XPHYF) (FRA:4XT) has announced that its Good Manufacturing Practices (GMP) mescaline synthesis program is “on schedule” with the completion of initial production batches. The industrial scale manufacture of pharma-grade psychedelic compounds, including mescaline and psilocybin, is a key part of XPhyto's psychedelic medicine program and will provide a plank for its drug formulation and clinical validation work. Since launching its mescaline synthesis program in early 2021, XPhyto said it is “pleased” to be on schedule having completed lab set-up, preliminary synthesis, modified synthesis, and initial batch production. Idaho Champion Gold Mines Canada Inc (CSE:ITKO) (OTCQB:GLDRF) (FRA:1QB1) has unveiled drill program plans for its 2021 exploration program at the Champagne Gold Project near the city of Arco, Butte County, Idaho. The precious metals explorer has penned a contract with National Drilling for an 8,000-metre core drill. The program is slated to commence once final approvals from the US Bureau of Land Management. In the meantime, Idaho Champion Gold geologists are presently on-site and conducting mapping and sampling around known occurrences of mineralized vein breccia. Phunware Inc (NASDAQ:PHUN) (FRA:2RJ) has announced the initial release of its new mobile application software PhunWallet on Google Play for Android. PhunWallet is a cryptocurrency wallet and mobile application that supports Phunware’s blockchain-enabled data exchange and mobile loyalty ecosystem powered by PhunCoin and PhunToken, respectively. While PhunCoin is a regulated store of value that seeks to compensate users for their data, the company noted that PhunToken is intended to be a medium of exchange that promotes profitable behavior by unlocking key features of Phunware’s Multiscreen-as-a-Service (MaaS) platform that reward and measure engagement. First Mining Gold Corp (TSE:FF) (OTCQX:FFMGF) (FRA:FMG) has closed the book on an earn-in agreement with Big Ridge Gold Corp (CVE:BRAU) on its Hope Brook gold project in Newfoundland. Finalizing the deal first announced in April, Big Ridge Gold can now earn up to an 80% stake in the project through a two-stage earn-in over five years by incurring a total of $20 million in qualifying expenditures and issuing up to 25 million Big Ridge shares. Upon closing, First Mining received $500,000 in cash and 11.5 million shares from Big Ridge. First Mining will retain a 1.5% net smelter returns (NSR) royalty on the project, of which 0.5% can be bought back by Big Ridge for $2 million. Psyence Group Inc (CSE:PSYG announced the incorporation of a wholly-owned subsidiary Psyence Jamaica Limited and its operational kick-off in the third-largest Caribbean island country in the Greater Antilles. The Toronto-listed life science biotechnology company is pioneering the use of natural psilocybin to heal psychological trauma and its mental health consequences, especially in palliative care. Psyence believes that Jamaica is the right country, and this is “the right time” for a breakthrough in psilocybin research and development. “We are honoured to advance our drug development work in Jamaica and to deepen our scientific relationships with Jamaican academic scientists, clinicians and institutions,” Psyence Chief Scientific Officer Justin Grant said in a statement. Ayurcann Holdings Corp (CSE:AYUR) struck a new joint venture agreement with Israel’s largest medical cannabis company to manufacture its proprietary cannabis products in Canada. Bazelet Nehushtan Ltd has launched numerous different terpene-enriched oils that are specifically geared towards women’s health, seniors and pain relief, among other indications. Under the agreement, Toronto-based Ayurcann will manufacture all Bazelet products to be sold in Canada’s retail and medicinal cannabis markets, starting with three different products.  Mandalay Resources Corporation (TSE:MND) (OTCQB:MNDJF) (FRA:R7X2) has reported more positive drill results from its Costerfield mine in Victoria, Australia, which have extended the newly discovered Shepherd zone there. The assays showed high grades at both the eastern and western veins and have underscored the potential of a large system. Assays included 172.3 grams per ton (g/t) gold over a true width of 0.27 metres (m) in one hole at the eastern vein and 712.8 g/t gold over 0.10m in another drill hole at the western vein. Revive Therapeutics Ltd (CSE:RVV) (OTCMKTS:RVVTF) (FRA:31R) says it has moved its global commercialization plans for Bucillamine to treat coronavirus (COVID-19) a step further by partnering with India-based specialty pharma Supriya Lifescience Ltd. The company has struck a memorandum of understanding (MoU) with Supriya for the manufacturing, clinical registration and commercialization of the drug through Emergency Use Authorization (EUA) in India, a country hit hard by the virus.  CO2 GRO Inc (CVE:GROW) (OTCQB:BLONF) (FRA:4021) has announced a commercial feasibility of a CO2 Delivery Solutions system with UK tomato greenhouse grower La Serra Ltd. The company said the commercial feasibility will be conducted in a section of La Serra's 8-hectare (861,000 square foot) greenhouse for one year. It said the primary focus of the commercial feasibility is to assess CO2 Delivery Solutions' Perimeter Protection benefits. Suppression of powdery Mirasol Resources Ltd (CVE:MRZ) (OTCPINK:MRZLF) (FRA:M8R) has announced the commencement of a 2,000-meter drill program at the Rubi Copper project in Chile. The company said two significant copper-molybdenum-gold (Cu-Mo-Au) porphyry-style targets, Lithocap and Zafiro, will be tested. The Rubi drill program is being fully funded by Mine Discovery Fund Pty Ltd (MDF) and is operated by Mirasol, under an option agreement announced in October 2020.  Plurilock Security Inc (CVE:PLUR) (OTCQB:PLCKF) announced it has signed a contract extension worth US$120,000 with the US Special Operations Command (SOCOM) under the National Aeronautics and Space Administration's (NASA) Solution for Enterprise-Wide Procurement (SEWP), a US Government-Wide Acquisition Contract Vehicle (GWAC). Plurilock said the contract extension represents the second SEWP contract it has signed with the US Department of Defense in recent weeks, as the company continues efforts to expand sales within the government vertical. As per the terms of the order, Plurilock Security will be providing Atlassian software license renewal and continued maintenance support for the product. Tartisan Nickel Corp (CSE:TN) (OTCPINK:TTSRF) announced it has closed the first tranche of a C$4.5 million flow-through financing, which was comprised of 3,336,797 company units, at a price of $0.57 per unit, for total proceeds of about C$1.9 million. The company said proceeds from the financing will be used to fund the exploration and development of its flagship Kenbridge nickel project in north-western Ontario. RedHill Biopharma Ltd. (NASDAQ:RDHL) said it has completed enrollment and randomized the last patient in the global Phase 2/3 study with oral opaganib in patients hospitalized with severe coronavirus (COVID-19) pneumonia – positioning it as a frontrunner in the hunt for an oral pill to treat COVID-19. A total of 475 patients were randomized, more than the planned 464, with the primary endpoint of the study being the proportion of patients breathing room air without oxygen support by Day 14. Opaganib, a new chemical entity, is a proprietary, first-in-class, orally-administered, sphingosine kinase-2 (SK2) selective inhibitor, with dual anti-inflammatory and antiviral activity, that is host-targeted and is therefore expected to be effective against emerging viral variants. O3 Mining Inc (CVE:OIII) (OTCQX:OIIIF) has reported more drill results from Val-d'Or, Québec, which show the potential to expand resources at its Marban project to depth. The company reported assays from 18 holes from the Marban, Gold Hawk, North and Orion zones and reported multiple high-grade intersections at Marban from below a depth of 200 metres (m), which were outside the current underground scenario outlined in the 2020 preliminary economic assessment (PEA). NexTech AR Solutions Corp (OTCQB:NEXCF) (NEO:NTAR (FRA:N29) has announced that EdTechX, the augmented reality company’s virtual education solution built on Microsoft Azure, has achieved “co-sell ready” status, meaning NexTech can work with Microsoft sales teams to fulfill customer needs. EdTechX combines enterprise-scale video streaming, integrated assessments, augmented reality holograms and data analytics, enabling educational institutions to transform traditional learning and event formats into valuable digital experiences. “This exciting milestone gives our EdTechX solution significant scaling opportunities as we gain access to Microsoft’s enterprise sales teams and global education customers,” NexTech CEO Evan Gappelberg said in a statement. Fobi AI Inc (CVE:FOBI) (OTCQB:RACMF), formerly known as Loop Insights Inc, has appointed Richard Lee, former VP of strategic alliances at NielsenIQ, as its new SVP of strategy and corporate development, the company announced. Lee held various roles at NielsenIQ, starting in corporate tax and moving into a leadership role in financial planning and analysis. He spent time as VP of business development in Canada, leading partnerships, acquisitions and divestitures, before taking on his most recent strategic alliances role.  Melkior Resources Inc. (CVE:MKR) (OTCMKTS:MKRIF) said it has received $1 million in cash for the sale of its investment in IR Battery Resource and Processing Inc. Before the sale, Melkior held 600,000 shares in IR Battery at a fair value of $300,000 as set out in the company’s interim financials for its most recent interim period ended February 28, 2021. Jonathon Deluce, CEO of Melkior, commented: “We applaud the IR Battery team for their hard work, which lead to us realizing a $700,000 gain on our investment and now having approximately $2.4M in our treasury with no debt. With our current treasury and low G&A burn, we are well-positioned to get through this consolidation in the gold price and softness in the junior mining market without any financing dilution to our shareholders. With this added capital, we are reviewing various potential acquisitions ahead of what we believe will be the resumption in the gold bull market.” Zinc8 Energy Solutions Inc. (CSE:ZAIR) said it has agreed to issue 116,279 common shares under a settlement and release agreement. The parties have been involved in litigation regarding the claim by Market One Media Group Inc. for payment under a contract from 2019. On June 1, 2021, the company entered into the settlement agreement whereby Market One has agreed to release the company from all claims in consideration for, among other things, the issuance of 116,279 shares of the company. The securities being issued are subject to a 4 month and a day hold period. Namaste Technologies Inc (CVE:N) said the TSX Venture Exchange has accepted for filing the company's proposal to issue 1,274,834 common shares at 21.14 cents per share to settle outstanding debt of $269,500 with two creditors. Mojave Brands Inc (CVE:MOJO) has made a correction to be made to the address (suite number) at which the company's June 30, 2021, annual general and special meeting is to be held. The notice of meeting which was filed under the company's SEDAR corporate profile on June 3, 2021, indicates the location of the meeting as suite 1500, 1055 West Georgia St., Vancouver, British Columbia (BC) The correct (suite number) address should have read Suite 2050, 1500 West Georgia St., Vancouver, BC, Canada. The address indicated on the company's proxy form for its June 30, 2021, annual general meeting is correct. TechX Technologies Inc. (CSE:TECX) (OTCMKTS:TECXF) (FRA:C0B1) has said it will participate at the Lytham Partners Summer 2021 Investor Conference on June 14 through June 16, 2021. Wojtek Kaszycki, CEO of the recently acquired Mobilum will present at The Current State of Cryptocurrencies discussion panel on Tuesday, June 15 at 2.00pm ET. A webcast of the presentation will be available on TechX's website at https://tech-x.io/investors/ or https://wsw.com/webcast/lytham/panel4/2193436. The webcast will also be archived and available for replay following the live event. Management will also be participating in virtual one-on-one meetings throughout the event, which run from June 14 through June 16, 2021. To arrange a meeting, please contact Lytham Partners at 1x1@lythampartners.com. OTC Markets Group Inc. (OTCQX:OTCM), the operator of financial markets for 11,000 US and global securities, has announced that CNB Community Bancorp, Inc. (OTCQX:CNBB), the bank holding company of County National Bank headquartered in Hillsdale, MI, has qualified to trade on the OTCQX Best Market and has today upgraded from the OTC Pink market. Graduating to the OTCQX Market marks an important milestone for community banks in the US public markets. The OTCQX Market enables banks to maximize the value of being a public company by providing transparent trading and easy access to company information for shareholders. To qualify for OTCQX, community banks must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. "The move from the Pink market to OTCQX Premier was part of the natural evolution for our company.  Growth in shareholder value and accessibility to our shares have been a dual focus of CNB Community Bancorp, Inc. since we began trading on the Pink market in late 2017," said John R. Waldron, president and chief executive officer of CNB Community Bancorp Inc.