NA Proactive news snapshot: Nomad Royalty, XPhyto Therapeutics, PreveCeutical Medical, Lucky Minerals …

NA Proactive news snapshot: Nomad Royalty, XPhyto Therapeutics, PreveCeutical Medical, Lucky Minerals …

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Nomad Royalty Company Ltd (TSE:NSR) (FRA:IRLB) has posted strong third-quarter results, which saw it increase net income and revenue, and allowing the firm to declare another dividend payment, which will be paid in January next year. For the three months to end September 2020, the rapidly growing precious metals royalty group posted net income of US$0.5 million, compared to US$0.4 million in the same period in 2019. Revenue came in at a record US$7.6 million, up from US$4.3 million in the same quarter of last year, made up from sales of gold and silver ounces. XPhyto Therapeutics Corp (CSE:XPHY) (OTCMKTS:XPHYF) (FRA:4XT), a next-generation bioscience accelerator, revealed that it has expanded its exclusive development agreement with Professor Raimar Löbenberg to incorporate a number of psychedelic compounds, precursor molecules and metabolites (small molecules). The Vancouver-based company which is working on cannabinoid-based therapeutics focused on European markets said the deal includes, but is not limited to the following: Psilocybin (O-phosphoryl-4-hydroxy-N,N-dimethyltryptamine); Mescaline (3,4,5-trimethoxyphenethylamine); LSD (lysergic acid diethylamide); MDMA (3,4-methylenedioxymethamphetamine); and DMT (N,N-dimethyltryptamine). PreveCeutical Medical Inc (CSE:PREV) (OTCQB:PRVCF) (FRA:18H) on Tuesday said it is advancing its coronavirus (COVID-19) Cannabinoid Sol-Gel Program. With the successful completion of the COVID-19 CBD Program, a sol-gel based formulation has been developed to deliver medicinal cannabis, the company said in a statement. Vancouver-based PreveCeutical added that it will provide further information once the final report for this program is received.  With the use of a nose applicator, the sustained-released Sol-Gel formulations allows for the direct and prolonged delivery of cannabinoids to a patient's central nervous system. The program is designed to prevent SARS-CoV-2 (the virus that causes COVID-19) infection in nasal tissue. Lucky Minerals Inc (CVE:LKY) (OTCMKTS:LKMNF) has announced that fieldwork on the northwestern section of the Sherman Prospect, part of its Fortuna 4 gold and copper concession in Ecuador, has identified an area with what the company calls “significant stockwork type quartz veining”. The group said that a rock chip panel sample (0.50 metres by  0.50 metres) taken from the outcrop, returned 0.477 grams per tonne (g/t) gold. Lucky Minerals CEO Francois Perron said in a statement, "The discovery of stockwork potential at the Sherman prospect is extremely exciting. As our field crews begin demobilisation from the current campaign, new assay results point to near-surface potential. BetterLife Pharma Inc (CSE:BETR) (OTCQB:BETRF) (FRA:NPAT) announced Tuesday a clinical and regulatory update for its AP-003 COVID-19 clinical trials following discussions with the US Food and Drug Administration. "Due to the critical unmet medical need and rapid nature of COVID-19 development programs, we pursued an early partnering meeting with FDA to identify a mutually agreeable non-clinical and clinical path that could ultimately lead to a pivotal trial,” said CEO Ahmad Doroudian in a statement.  Elys Game Technology, Corp. (NASDAQ:ELYS), an interactive gaming and sports betting technology company, has changed its name from Newgioco Group, Inc., with its trading symbol to also change from NWGI to ELYS at the opening of the markets on November 10, 2020.  The group said the new name, Elys, comes with a focused and energetic team, to be introduced over the following few days, to help unlock the global potential of the company’s leading-edge gaming and betting software Elys Gameboard. YayYo, Inc. (OTCPINK:YAYO), a leading provider of vehicles to the rideshare and delivery gig economy industry, has announced that its corporate name change to Rideshare Rental, Inc. took effect from September 11, 2020. The company has used the name YayYo, Inc since its inception, with Rideshare Car Rentals, LLC operating as its wholly-owned subsidiary. The name change reflects the company's shift since 2017 away from the development of a Metasearch App to a corporate focus in the growing rideshare and gig economy transportation industry. Medallion Resources Ltd (CVE:MDL) (OTCQB:MLLOF) (FRA:MRDN) has started a technical review of its proprietary process to sustainably extract rare earths from monazite, it said Tuesday.  The Medallion Monazite Process obtains valuable rare earths from the mineral sand by-product using a highly optimized, scalable and automated design which converts more than 95% of monazite feed into saleable rare earths. Vancouver-based Medallion has hired Australian engineering consultants Simulus Engineers to complete a techno-economic assessment (TEA) that will combine results from previous testing, process simulation and trade-off studies that Medallion has compiled over the years. NexTech AR Solutions Corp (OTCQB:NEXCF) (CSE:NTAR) (FSE:N29) has signed a strategic partnership with the Coex Convention and Exhibition Center, the largest convention center in Seoul, South Korea. Coex hosts more than 200 exhibitions and 3,000 meetings/events each year, in addition to organizing exhibitions throughout Korea and abroad. The company supports all major industry sectors, and has held events for major market players, including LG, Samsung, Google, Amazon, Microsoft, Nike, Audi, and Hyundai. Through this partnership, NexTech’s first in the Asia-Pacific region, the parties and Coex will create hybrid events through NexTech’s InfernoAR video conferencing platform. First Cobalt Corp. (CVE:FCC) (OTCQX:FTSSF) has provided an update on commercial contracts and metallurgical test work relating to its cobalt refinery located in Ontario, Canada, noting that timelines for pilot plant completion and submission of permit amendments remain on track, while discussions for government support are well advanced. The company said it and Glencore PLC have agreed to discuss a long-term feed purchase contract rather than the tolling arrangement originally contemplated, providing First Cobalt greater leverage to the cobalt market by entering into offtake contracts with end-users directly. The group added that the maturity date on the company's US$5 million loan with Glencore has been extended by one year to August 23, 2022, which better aligns with refinery commissioning. Vuzix Corporation (NASDAQ:VUZI) (FRA:V7XN) posted third-quarter results on Monday that saw its revenue jump 140% year-over-year on the back of higher sales of its smart glasses.  For the period ended September 30, 2020, the Rochester, New York-based company, which provides smart glasses and Augmented Reality technologies, reported revenue of $2.8 million, compared to $1.2 million in the third quarter of 2019. O3 Mining Inc (CVE:OIII) (OTCMKTS:OQMGF) announced Tuesday that it has increased the number of drill rigs to six for its Alpha and Malartic properties in Val D'Or, Quebec. Of the six rigs, two are operating on the Malartic property, where a total of 45,000 metres (m) of drilling is planned, and four will focus on the Alpha property, for a total of 100,000m of planned drilling, the company said in a statement. True Leaf Brands Inc (CSE:MJ) (OTCPINK:TRLFF) (FRA:TLA) said Tuesday that it has obtained approval from the British Columbia Supreme Court to finalize its refinancing and restructuring process. True Leaf recently struck a deal with financial backers Canguard Entities to sell its businesses, which include True Leaf Cannabis Inc, True Leaf Brands and True Leaf Investments Corp, after they emerge from their respective proposal proceedings.  Goldseek Resources Inc (CSE:GSK) (CNSX:GSK) has acquired, via staking, the Val D'Or North property in Quebec, which it believes could host a porphyry type deposit.  The property lies 38 kilometres (km) north-east of Val D'Or and spans 143 claims over 8,000 hectares and complements the explorer's other assets in Urban Barry, Quevillon, Detour Gold Trend in Quebec and Hemlo in Ontario. Ximen Mining Corp (CVE:XIM) (OTCQB:XXMMF) (FRA:1XMA) is making good progress at its historic Kenville gold mine in British Columbia, where railway track is now being laid to connect to the mine, the firm said, as it also revealed it had closed a C$408,000 placing.  Ximen is refurbishing the existing portal (entrance to the mine) so the group can access mineralization, which was outlined in a resource estimate of 2009, and as reported in September, a new steel opening was constructed. "The culvert has been constructed and placed on graded bedding. Cement block retaining walls were constructed and placement of back-fill is nearly complete. Also, rail ties and track are being laid in the new portal culvert section to connect with the mine," the firm said. Vox Royalty Corp (CVE:VOX) is poised to boost its assets with a high-quality North American portfolio comprising eight precious and base metals royalties, it revealed on Tuesday. The firm has struck a purchase and sale agreement to buy the portfolio from Breakwater Resources Ltd and some of its affiliates for up to C$980,002, made up of C$455,002 in cash and C$525,000 worth of Vox shares. Five of the acquired royalties boast NI 43-101 compliant resource estimates, Vox highlighted, as well as operators, which are well poised to rapidly advance the assets, such as major Agnico Eagle Mines Ltd and Hecla Mining Company. Media Central Corporation Inc. (CSE:FLYY), (FRA:3AT) has announced that Rodney Davis has resigned from his position as chief financial officer (CFO) of the company, effective immediately. The company thanked Davis for his numerous contributions in the development of MediaCentral and wishes him well in his future endeavors. It said Igor Kostioutchenko will act as the interim CFO until the vacancy is filled. Kostioutchenko has led audit and other functions with Collins Barrow, now Baker Tilly Canada. He began his public accounting career with Deloitte LLP., and is currently the controller of MediaCentral. Helix BioPharma Corp. (TSX:HBP), a clinical-stage biopharmaceutical company developing unique therapies in the field of immuno-oncology based on its proprietary technological platform DOS47, announced that it has signed a definitive share purchase agreement with CAIAC Fund Management AG, as designed trustee of HIO Fund to purchase Helix's remaining holdings in its Polish subsidiary, Helix Immuno-Oncology S.A., for gross proceeds of PLN 6,700,000. The transaction is expected to close this month. ACM Alpha Consulting Management Est. will be entitled to a 12.5% fee in connection with the closing of the transaction. Canada Silver Cobalt Works Inc (CVE:CCW) said the TSX Venture Exchange has accepted for filing documentation in connection with an exploration and option agreement dated October 26, 2020, between the company and Frederic Bergeron whereby the company was granted an option to acquire 12 mining claims located in Lac-St-Jean, Quebec. Consideration is a total of $187,500 payable in cash or shares in three tranches over a 36-month period and $100,000 in exploration expenditures in the third year. If payable in shares, the deemed price is equal to the volume-weighted average trading price for the 10 trading days immediately preceding the closing date subject to a floor price of not less than the discounted market price as of the date of the news release. The claims are subject to a 2% net smelter royalty (NSR) in favour of Bergeron. Antibe Therapeutics Inc. (CVE:ATE) (OTCQB:ATBPF), a clinical-stage company leveraging its unique hydrogen sulfide platform to develop safer medicines for pain and inflammation, announced that it has received final approval to list its common shares on the TSX from the Toronto Stock Exchange. “We are excited to graduate to the TSX, as it represents a further step in reaching the broader investment community while increasing liquidity for our shareholders,” remarked Dan Legault, Antibe’s CEO. “We look forward to continued progress as we advance our partnering discussions and prepare for Phase III trials of otenaproxesul, our lead drug.” Antibe’s shares will commence trading on the TSX under its existing ticker symbol 'ATE' at the market open on Thursday, November 12, 2020. Telson Mining Corp (CVE:TSN) said the TSX Venture Exchange has accepted for filing the company's proposal to issue 12 million share purchase warrants, each exercisable at a price of 17.5 cents per share for a period of three years, to Trafigura Mexico S.A. de C.V., in consideration for the restructuring of two loans with the original principal amounts totalling US$20 million. Candelaria Mining Corp (CVE:CAND) said the TSX Venture Exchange has accepted for filing documentation in connection with a share purchase agreement dated October 23, 2020, between the company and Empire Metals Ltd., whereby Empire is the owner of 100% of the issued shares of GMC Investment Ltd. GMC owns a 50% interest in JSC Georgian copper and gold, which holds the exploration and mining licence for the Bolnisi gold and copper project in the Republic of Georgia. In consideration of the purchase of the GMC shares from Empire, the company will issue four million common shares with a deemed price per share of 50 cents OTC Markets Group Inc. (OTCQX:OTCM), operator of financial markets for over 11,000 U.S. and global securities, has announced that Thunderbird Entertainment Group Inc. (CVE:TBRD) (OTCQX:THBRF), a developer of global brands through content creation, has qualified to trade on the OTCQX Best Market and has today upgraded from the OTC Pink market. Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their US investors. 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. “We are delighted to begin trading on the OTCQX Best Market, and believe this milestone will provide additional visibility within the investment community for the Thunderbird story, further driving shareholder value," said Jennifer Twiner McCarron, Thunderbird’s CEO. LexaGene Holdings, Inc., (CVE:LXG) (OTCQB:LXXGF), a molecular diagnostics company that develops fully automated rapid pathogen detection systems, has announced that its CEO and founder Dr Jack Regan will be presenting at the Investor Summit Group Conference on November 18, 2020, at 1.30pm EST. In addition, he will also be presenting at the Canaccord Genuity 2020 Medical Technologies & Diagnostics Forum on November 19, 2020, at 10.00am EST. Dr Regan commented: “This is an excellent opportunity for the Company to showcase LexaGene’s advancements to new groups of retail and institutional investors, particularly during this exciting time in LexaGene’s commercialization journey.” More information about these conferences can be found on the event page of LexaGene’s website: https://lexagene.com Co-Diagnostics, Inc. (NASDAQ:CODX), a molecular diagnostics company with a unique, patented platform for the development of molecular diagnostic tests, has announced that it will release its third-quarter 2020 earnings on November 16, 2020, after the close of trading, and will hold an earnings call at 4.30pm EDT. The call is expected to consist of prepare remarks by company CEO Dwight Egan. Analysts providing coverage for Co-Diagnostics will also be invited to participate in a question and answer session. All other participants can register for access to the webcast here: https://www.webcaster4.com/Webcast/Page/1775/38520. The call will be recorded and later made available on the company’s website.

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