NA Proactive news snapshot: Canada Silver Cobalt Works, Loop Insights, Progressive Planet Solutions, Mountain Valley MD, 1933 Industries UPDATE...

NA Proactive news snapshot: Canada Silver Cobalt Works, Loop Insights, Progressive Planet Solutions, Mountain Valley MD, 1933 Industries UPDATE...

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Canada Silver Cobalt Works Inc (CVE:CCW) (OTCMKTS:CCWOF) announced Tuesday it had intersected another high-grade silver vein at the Robinson Zone within its Castle Silver Mine property in Ontario. The vein is located around 60 metres from the discovery intersection hole CA-11-08, which previously intersected 40,944 grams per ton (g/t) silver (1,194 oz/ton) over a core length of 0.45 metres. The intersection is located 53 metres laterally east-southeast and 25 metres vertically above the original discovery hole CA-11-08 and further expands the potential high-grade mineralization target area, the Coquitlam, BC-based company said in a statement. Loop Insights Inc (CVE:MTRX) told shareholders Tuesday that it is “extremely confident” in its ability to maintain the high level of growth it saw in 2020 as it heads into 2021 with a full pipeline of projects. Calling 2020 “an extraordinary year,” CEO Rob Anson wrote in a shareholder letter that the artificial intelligence company is on the brink of participating in global opportunities in the coming year. The Vancouver-based company hit a number of milestones over the past 12 months, culminating in the launch of the first-ever “venue bubbles” for the NCAA college basketball tournament, film production and travel industries. Progressive Planet Solutions Inc (CVE:PLAN) announced Tuesday that is has closed a fully-subscribed flow-through financing that raised C$250,000 via the issuance of 2.5 million units. Each flow-through unit was priced at C$0.10 and consisted of one flow-through common share and one-half of a warrant, each whole warrant exercisable at $0.15 per share for a period of 12 months. Funds raised will go towards the company's 100% owned Heffley Creek Metals and Pozzolan Property in BC. Mountain Valley MD Holdings Inc (CSE:MVMD) (FRA:20MP) has announced that its operating business has completed the first portion of a multiprong strategic agreement with Circadian Wellness Corp., a privately-held Ontario corporation that is focused on the rapidly emerging global mushroom space. The company said it has completed the previously announced transaction under a share purchase and exchange agreement to sell its wholly-owned subsidiary, Mountain Valley Medicinals Inc. (MVM) and its related assets, including the company’s property on Vancouver Island in British Columbia - which to date has not been built on, advanced or utilized for any current operations - for the amount of C$1,000,000, made up of a combination of cash and a 9% equity stake in Circadian. The company said this is part of its ongoing strategy to shift away from ownership of physical property and idle assets, towards focusing on monetizing licenses against its more lucrative technology patent portfolio. 1933 Industries Inc (CSE:TGIF) (OTCQX:TGIFF) has reported that its 1Q 2021 revenue rose by 13% quarter over quarter to $2.7 million, which it attributed to strong consumer demand following the launch of cannabis flower and pre-rolls in Nevada. The company also noted that its 1Q net loss from continuing operations improved by 61% from 4Q 2020 to $2.8 million and said it is moving closer to profitability, while its adjusted EBITDA loss for the period shrunk by 81% quarter over quarter to $1.4 million. Vuzix Corporation (NASDAQ:VUZI) announced that the company has received multiple follow-on purchase orders this month for M400 Smart Glasses from a leading European smart glasses software developer and solution reseller that will generate approximately $300,000 in revenue during its current quarter. "The Vuzix M400 Smart Glasses are being put to work to solve business problems by our customer base. These follow-on orders from our European reseller is another example of customers that are moving very quickly from pilot to first levels of deployment to better support business operations and employees in their day-to-day activities," said Paul Travers, president and CEO of Vuzix in a statement. LeanLife Health Inc (CSE:LLP) (FRA:LL1) (OTCPINK:LNLHF) reported that it has finalized and committed to a sales and marketing plan for its Mike Tyson branded Iron Energy drink in both Canada and the United States for 2021. The company noted that the sales and marketing program will build upon the sales and distribution agreement with "The Jet Collection" and leverage the “strong interest” it is receiving for its drink in both Canada and the US. NexTech AR Solutions Corp. (OTCQB:NEXCF) (CSE:TAR) (FRA:N29), a leading provider of virtual and augmented reality (AR) experience technologies and services for eCommerce, education, conferences and events has announced that it plans to make an initial investment of $2million in Bitcoin and may add more in 2021. In a statement, NexTech CEO, Evan Gappelberg commented: “Our investment in Bitcoin is part of our new capital diversification and allocation strategy with the intent to maximize long-term value for our shareholders.” He continued: “This initial investment reflects our belief that Bitcoin is a long-term store of value and an attractive investment asset with more long-term appreciation potential than holding cash, which is currently yielding 0.06%. TRACON Pharmaceuticals (NASDAQ:TCON) said it has entered into a securities purchase agreement with an existing investor to sell an aggregate of 520,961 shares of common stock in a registered direct offering, with aggregate gross proceeds expected to be $5.0 million. The group said the offering will be at a price of $9.61 per share, which was the closing price of the company’s common stock on December 28, 2020.  TRACON said it intends to use the net proceeds from the offering to fund the ENVASARC pivotal study of envafolimab in sarcoma, further business development efforts, and for working capital and general corporate purposes. KULR Technology Group, Inc. (OTCQB:KULR) said it has entered into securities purchase agreements with certain institutional investors via a registered direct offering. The leading developer of next-generation thermal management technologies said the agreement is for the purchase and sale of an aggregate of 6,400,000 shares of common stock and warrants at a purchase price of $1.25 per share for gross proceeds of around $8.0 million. The warrants, which also have an exercise price of $1.25 per share, are exercisable immediately and will expire five years following the date of issuance. Mirasol Resources Ltd (CVE:MRZ) (OTCPINK:MRZLF) (FRA:M8R) announced that Newcrest Mining Limited (TSE:NCM) (ASX:NCM) has exercised its option to enter the farm-in phase of its joint venture to develop the Gorbea gold project in Chile by making a US$500,000 payment to Mirasol. The two companies amended the Gorbea Option and Farm-in Agreement as exploration activities at the project remain suspended until at least August 2021, due to COVID-19 restrictions. Nova Royalty Corp. (CVE:NOVR) has announced the addition of Andrew Greville as an independent director of the company, effective from January 1, 2021. The company noted that Greville is a mining engineer with over 35 years of experience at some of the world's leading mining companies including Xstrata PLC, BHP Group PLC, and Pechiney SA (now Rio Tinto Limited). He will be replacing Robert Leckie, a founding director of Nova who has graciously agreed to step down from the board of directors of the company to accommodate the appointment of Greville, and will continue to act as a consultant to the company. BetterLife Pharma Inc. (CSE:BETR) (OTCQB:BETRF) (FRA:NPAU) announced that it has added Sergei Stetsenko to its board of directors to prepare for its growth phase in psychedelic medicines. The emerging biotech company noted that Stetsenko is a financier and venture capitalist who is acting chief executive officer of CRG Finance AG, a private venture capital firm in Zurich, Switzerland.  As lead investor of CRG Finance, he has helped acquire, build and exit businesses via public markets and raising capital for companies in the technology, healthcare, communications and natural resources sectors.  Stetsenko is also currently the chief executive officer of BlockchainK2 Corp., a publicly-listed company investing in blockchain technology solutions for capital markets and other sectors that can benefit from tokenization. BetterLife Pharma also announced that it has retained the services of ROK Consulting, Inc. for investor relations and marketing activities. Valeo Pharma Inc. (CSE:VPH) (OTCQB:VPHIF) (FRA:VP2), a Canadian pharmaceutical company, has announced that its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company (DTC) in the United States. “We are pleased to have secured DTC eligibility to facilitate the trading of our common shares for U.S investors and brokerage firms. This will allow for faster execution and improved liquidity which will help with broadening our investor base”, said Steve Saviuk, president and CEO of Valeo Pharma in a statement. Valeo also said it has also engaged Native Ads Inc., a full-service advertising agency, to provide digital media services, vendor management, marketing and data analytics services to the company GR Silver Mining Ltd. (CVE:GRSL) (FRA:GPE) (OTCQB:GRSLF) said it and Mako Mining Corp. have agreed to amend their Letter of Intent of December 12, 2019, to extend the date by which they are required to sign a Definitive Agreement to January 31, 2021. Under the LOI, GR Silver and Mako agreed to negotiate an arm’s length transaction whereby GR Silver would acquire 100% of the issued and outstanding shares of Marlin Gold Mining Ltd from Mako and to enter into a Definitive Agreement on or before December 31, 2020. GR Silver Mining President and CEO, Marcio Fonseca, commented: “The Company and Mako are continuing to work towards finalizing the formal agreement and we believe this extension will provide us with the time required to come to final terms on the transaction.” O3 Mining Inc. (CVE:OIII) (OTCQX:OQMGF) announced that it has qualified to trade on OTC Markets Group Inc's (OTCQX:OTCM) OTCQX Best Market, a top-tier public market in the United States, and its common shares are now trading on the OTCQX under the ticker symbol 'OQMGF'. The Corporation will continue to trade on the Toronto Stock Exchange Venture in Canada, as its primary listing under the symbol 'OIII'. "We are extremely pleased to begin trading on the OTCQX as part of our strategy to make O3 Mining shares more accessible to an even broader range of investors in the US market. This important milestone will enable us to strengthen our U.S. and global shareholder base and increase the liquidity of our common shares to the benefit of all investors," said O3 Mining president and CEO Jose Vizquerra.  To qualify for the OTCQX market, companies must meet high financial standards, follow best practice corporate governance, demonstrate compliance with US securities laws, be current in their disclosure, and have a professional third-party sponsor introduction. Gold Resource Corporation (NYSEAMERICAN:GORO) has declared its monthly instituted dividend of one-third of a cent per common share for December 2020 payable on January 25, 2021, to shareholders of record as of January 11, 2021.  The company, a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA,  has returned $115 million to its shareholders in consecutive monthly dividends since July 2010 and offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery. In a separate statement, Gold Resource Corporation said it regretfully reported that an Arista mine employee was fatally injured Thursday, December 24, 2020, at its operations in Oaxaca, Mexico.  The company added it is working with authorities in an ongoing investigation to establish the exact cause of the accident.  The incident involved a light vehicle in an unauthorized and inactive area of the Arista underground mine.  The group said mining operations continue in parallel with the investigation. Safety procedures are currently being reviewed and updated as employee health and safety are priority one for the company. New Wave Holdings Corp. (CSE:SPOR) (OTCPINK:TRMNF) an investment issuer that provides capital and support services, has congratulated the Real Luck Group Ltd. (CVE:LUCK), doing business as 'Luckbox', on its December 16, 2020, successful listing and overall business success. New Wave noted that its investment within Luckbox at $0.275 is now trading at $0.96. This represents a 249% increase over the purchase price. New Wave said it will be retaining its position in Luckbox and has confidence that the company will continue to strengthen as they execute on their business plan

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