A look at a few of the day’s highlights from the Proactive Traders US and Canada newswires
Canada Silver Cobalt Works Inc () (OTCMKTS:CCWOF), which is targeted on the Cobalt Camp within the Gowganda district of Ontario, has introduced a key step ahead in its battery metals manufacturing goals, specifically hanging a take care of marketing consultant SGS Canada Inc to construct a Re-2OX pilot plant. Put merely, Canada Silver Cobalt Work’s Re-2OX is a proprietary expertise designed to effectively extract cobalt and produce cobalt sulphate to specs required by battery sector end-users. In the present day’s settlement means SGS will perform optimization exams and design and construct the Stage 1 pilot plant at Lakefield, Ontario.
Corp () introduced that one in all its early traders, Iconic Holdings, LLC, has agreed to transform all of its $1.3 million convertible debt, together with principal and accrued curiosity, into 13.5 million widespread shares. The corporate stated this won’t solely eradicate the curiosity funds however may even permit to acquire a financial institution line of credit score at present low rates of interest.
Ltd () () introduced that it has exercised its proper to speed up the expiry date of voting share buy warrants issued to contributors within the firm’s personal placement that closed in Might 2020. Administration stated it expects redemptions of the warrants to consequence within the issuance of 851,053 further voting shares and money proceeds to the corporate of C$110,636.89.
DGTL Holdings Inc () () (FRA:A2QB0L) has introduced a personal placement on Friday for the second week in a row. This placement, value C$1 million, is supposed to accommodate subscribers that had been unable to take part within the beforehand introduced providing. On January 8, the corporate introduced the closing of an C$883,615 placement, the second tranche of a bigger providing. This time round, the corporate plans to situation as much as roughly 2.7 million shares at a value of C$0.44 per share.
NexTech AR Options Corp () () (FRA:N29) reported that it has signed a renewal settlement with valued at $470,000 initially for a six-month time period. The corporate famous, nonetheless, that there’s potential for extra income after the six months. “With these bigger contracts renewing and our new concentrate on annual or multi-year enterprise gross sales, we’re on the trail to our acknowledged purpose of $50 million to $60 million in income for 2021,” NexTech AR Options CEO Evan Gappelberg stated in an announcement.
Codebase Ventures Inc () (FRA:C5B) (), a tech-centric funding firm, revealed on Friday that it has inked a $2.5 million definitive settlement to amass bit mining infrastructure within the US for long-term income technology. “Cryptocurrencies, together with Bitcoin, have risen sharply in the previous couple of months, and Codebase believes there’s nonetheless long-term potential, as evidenced by means of latest brokerage analyst protection, and mainstream investments,” Codebase President George Tsafalas stated in an announcement. Codebase’s funding will ship the primary part of 9,450 Petahash per second value of mining rigs totally hosted within the US. The corporate stated it has the choice for a second tranche of an equal variety of mining rigs for a interval of 1 yr.
(NSYEAMERICAN:SVM) () (FRA:S9Y) informed traders on Friday it’s set to realize its annual manufacturing steering for fiscal 2021 because the miner posted working outcomes for its third quarter to end-December, 2020. The metals producer generates gold, silver, lead and zinc from two websites – its Ying venture and the GC mine – each in China. Consolidated silver manufacturing for the three months to December 31 final yr was 1,676 ounces, down from 1,779 ounces in the identical quarter in fiscal 2020. Gold output for the interval got here in at 900 ounces (the identical as in 3Q, 2020), whereas the corporate produced 17,111 kilos of lead, down from 20,044 kilos in the identical quarter final yr. It generated 8,673 kilos of zinc, up from 8,035 kilos in the identical interval of fiscal 2020.
Automobiles Corp () is increasing the retail community for its flagship SOLO three-wheeled electrical automobile to 3 new West Coast places, the corporate introduced Friday. The brand new direct-to-consumer retailers might be positioned at The Village at Corte Madera, California; the Los Cerritos Heart in Orange County, California; and La Encantada in Tucson, Arizona. These additions deliver the corporate’s retail location depend to a complete of 13 throughout 10 main markets. Buyers will be capable to study extra in regards to the SOLO, discover the automobile and place reservations onsite. The brand new places are slated to open in March, the corporate stated.
Naturally Splendid Enterprises Ltd () () (FRA:50N) stated Friday that the third container of NATERA Plant Based mostly Meals is in transit from Australia. In an announcement, the corporate stated it’s persevering with to develop distribution channels each regionally and nationally — and this newest container supplies the mandatory stock ranges required to proceed its push into meals service and retail. The increasing NATERA Plant Based mostly Meals distribution community now contains Canada – BC Division, CANEX Meals, and Summit Specialty Meals. This various group of distributors present entry to a whole bunch of factors of gross sales throughout Canada, servicing various demographics.
() (FRA:0V5) introduced Friday, its Cell Vitality International (MEG) division delivered 439 automobiles in December. The corporate stated 356 had been for the taxi/ride-hailing enterprise and the remaining 83 for the rental-car enterprise. All items, invoiced throughout the interval from July by means of December 2020, had been delivered, the corporate added in an announcement.
() (FRA:V7XN), a number one provider of Good Glasses, reported Friday that it seems to have achieved file income for its fourth quarter of 2020. Nevertheless, the corporate famous in an announcement that the preliminary outcomes are unaudited. Vuzix stated 4Q income elevated greater than 100% year-over-year to over $4 million, versus $1.96 million within the 2019 quarter.
Ipsidy Inc () CEO Phillip Kumnick informed shareholders on Friday that the corporate is happy in regards to the demand for its cell biometric platform companies “2020 was a difficult yr for all of us, and I wish to categorical our empathy and assist for many who proceed to endure from the bodily and monetary results of the pandemic,” Kumnick stated in an announcement asserting the date of the agency’s annual basic assembly. 2020 was additionally a interval of great transition for Ipsidy. I’m happy with how the staff at Ipsidy labored collectively to place our firm for achievement in 2021,” he added.
(NASDAQ:LEXX) (NASDAQ:LEXXW) () has introduced the closing of its beforehand introduced underwritten public providing of 1,828,571 items, every unit consisting of 1 share of widespread inventory and one warrant to buy one share of widespread inventory at a public providing value of $5.25 per unit. The warrants have an train value of $6.58 per share, are instantly exercisable and can expire 5 years following the date of issuance. In reference to the providing, the underwriter exercised in full its choice to buy an extra 274,285 shares of widespread inventory and extra warrants to buy 274,285 shares of widespread inventory. The gross proceeds from the providing had been roughly $11.04 million, earlier than deducting underwriting reductions and estimated providing bills. No securities had been provided or offered in Canada, together with by means of the CSE or some other buying and selling market in Canada. H.C. Wainwright & Co. acted as the only book-running supervisor for the providing and is a non-related celebration to the corporate
. () stated it has granted 1,975,000 incentive inventory choices to administrators, officers and staff of the corporate, that are topic to regulatory approval. Of the 1,975,000 choices granted, 1,800,000 had been issued to administrators and officers of Numinus, which have an train value of $1.16 per widespread share and are exercisable till January 13, 2023. The 175,000 choices issued to staff had been granted earlier this month, have an train value of $1.09 and are exercisable till January 5, 2023. The corporate’s Inventory Possibility Plan permits for the issuance of as much as 10% of issued and excellent share capital within the type of incentive inventory choices. On account of the above grants, the corporate has 7,604,500 choices issued, representing 4.74% of the issued and excellent share capital. Numinus Wellness is a psychological well being and wellness firm creating an ecosystem of options centred round protected, evidence-based, accessible psychedelic-assisted psychotherapy to assist individuals heal and be properly.
() () (FRA:BMVA) has introduced the pricing of its public providing of 1,280,000 items at US$7.50 per unit, for gross proceeds of US$9,600,000, earlier than deducting underwriting reductions and commissions and different providing bills. Every unit consists of 1 widespread share, one Unit A warrant and one Unit B warrant, every to buy one widespread share at US$7.50 per share. The entire items are being provided by Versus. As well as, Versus has granted the underwriter a 30-day choice to buy as much as an extra 192,000 widespread shares on the public providing value, much less underwriting reductions and commissions. The providing is anticipated to shut on January 20, 2021, topic to the satisfaction of customary closing circumstances. Lake Road Capital Markets, LLC is appearing as sole book-running supervisor for the providing.
Litelink Applied sciences Inc. () stated it has granted 14.85 million incentive inventory choices to sure administrators, officers, staff and consultants of the corporate. The choices are exercisable at a value of seven cents for a interval of three years from the date of grant. The corporate’s inventory possibility plan governs these incentive choices, in addition to the phrases and circumstances of their train, in accordance with Canadian Securities Change insurance policies.
() stated the TSX Enterprise Change has accepted for submitting documentation with respect to its non-brokered personal placement introduced December 2, 2020, and December 16, 2020, which sees the difficulty of 6,666,665 shares at a purchase order value of 12 cents per share, along with 6,666,665 share buy warrants with an train value of 20 cents for a three-year interval with 22 placees.
. (NYSEAMERICAN:AIM) introduced that it has rescheduled its investor convention name for 11.00am Jap Time on Thursday, January 21, 2021, to debate the just lately introduced graduation of the therapy of topics with coronavirus (COVID-19)-induced persistent fatigue-like signs within the amended AMP-511 trial, latest accomplishments and upcoming milestones. Traders and different events are invited to submit inquiries to administration previous to the decision’s begin through e mail to [email protected]. The convention name might be accessible on the corporate’s web site at https://aimimmuno.com/events-presentations/, or through phone by dialing toll-free 877-407-8031 for US callers, or +1 201-689-8031 for worldwide callers. For these unable to take part at the moment, a replay of the decision might be archived on the corporate’s web site or might be accessed by dialing 877-481-4010 for US callers, or +1 919-882-2331 for worldwide callers and coming into the passcode 39447. The replay might be accessible for 90 days.
(), a medical expertise firm commercializing an progressive sign processing platform designed to enhance sign constancy and uncover the complete vary of ECG and intra-cardiac indicators, has introduced that it will likely be presenting on the twenty sixth Annual Worldwide Atrial Fibrillation Symposium, held just about on January 29-31, 2021. Medical observations collected with BioSig’s PURE EPTM System might be introduced by G. Joseph Gallinghouse, M.D., Texas Cardiac Arrhythmia Institute at St. David’s Medical Heart, throughout Highlight Session: Early Stage and Rising New Applied sciences and Medicine in Cardiac EP on January 29, 2021, from 2.40pm-3.40pm ET.
Media Central Capital Company introduced Friday that it has negotiated varied debt conversion agreements with 5 collectors of which 4 are arm’s size events to the company and one is a non-arm’s size celebration as he’s a director and/or officer of the company. Pursuant to the phrases of the Debt Agreements, the company has agreed to situation an mixture of twenty-two,500,000 widespread shares to the collectors in alternate for the cancellation of 225,000 in debt owing to the events. The debt shares issued pursuant to the debt conversion are topic to a statutory four-month maintain interval. Inc () (FRA:3AT) is another media firm.
. () () (FRA:20Q) has introduced that its chairman & CEO, Dr Keith Barron will current at NobleCon17 – Noble Capital Markets’ Seventeenth Annual Investor Convention on Tuesday, January 19, 2021, at 1.30pm Jap Customary Time. The convention is digital, with no price, obligation or restrictions to attend: www.noblecon17.com. A high-definition, video webcast of the presentation might be accessible a day or so after the dwell occasion on the corporate’s web site http://www.aurania.com/news/aurania-in-the-media/
(), the operator of economic markets for 11,000 U.S. and international securities, has introduced that Atlantic Sapphire ASA (OTCQX:AASZF), an Oslo-listed firm pioneering sustainable Bluehouse (landraised) salmon farming in Miami, Florida, USA, has certified to commerce on the OTCQX Greatest Market. To qualify for OTCQX, firms should meet excessive monetary requirements, observe finest observe company governance, and exhibit compliance with relevant securities legal guidelines. “Congratulations to Atlantic Sapphire ASA on qualifying for the OTCQX Greatest Market,” stated Joe Coveney, vice chairman of Company Providers at OTC Markets Group. “We’re happy to assist progressive and entrepreneurial worldwide firms in search of to strengthen transparency and to offer higher entry to disclosure and buying and selling for U.S. traders. Cross-trading on OTCQX within the US will allow Atlantic Sapphire ASA, which is listed on the Oslo Børs, to diversify its investor base and to develop its international engagement even additional.” Johan E. Andreassen, chairman of Atlantic Sapphire ASA, stated: “Because the first US harvest in September 2020, our Bluehouse Salmon has expanded its retail footprint to greater than 1,000 places, with increasingly more shops coming on-line as we proceed to ramp-up manufacturing in the direction of our 2031 goal of 220,000t of harvest (about 1 Billion salmon meals annually). Atlantic Sapphire’s groundbreaking, cutting-edge expertise and aquaculture yield a wholesome product that helps eliminates environmental considerations related to typical salmon farming. Bluehouse Salmon has a scrumptious gentle taste, is raised with out antibiotics or pesticides, in a water supply freed from micro plastics. Because the world’s largest land-based salmon farming firm with major operation within the US, we’re thrilled to be quoted on a US market and to additional diversify our investor base as we develop operations.”