NA Proactive news snapshot: Safe-T Group, NEXE Innovations, XPhyto Therapeutics, First Mining Gold ...

NA Proactive news snapshot: Safe-T Group, NEXE Innovations, XPhyto Therapeutics, First Mining Gold ...

Proactive Investors

Published

Safe-T Group Ltd (NASDAQ:SFET) (TASE:SFET) said its subsidiary NetNut Ltd has launched a new IP Proxy platform for all types of use cases. The access solutions and intelligent data collection firm said the upgraded platform is designed to fit diverse customer needs and will also offer various IP network programs for B2B customers, allowing on-line registration and immediate use without the need to contact customer service. NEXE Innovations Inc (CVE:NEXE) (OTCMKTS:NEXNF) (FRA:NX5) has said it will fully launch its XOMA Superfoods product line on the company’s eCommerce store, following a successful pilot launch in which the 3-count packages of the product sold out in one day. NEXE said its eCommerce store will offer three 12-count coffee products, the first being available April 6, with functional ingredients packaged in NEXE's fully-compostable, plant-based capsules, which are compatible with Keurig single-serve coffee brewing systems.  XPhyto Therapeutics Corp (CSE:XPHY) (OTCMKTS:XPHYF) (FRA:4XT) said its German diagnostics development partner, 3a-diagnostics GmbH has announced that its point-of-care coronavirus (COVID-19) RT-PCR test system, known as Covid-ID Lab, has been approved by European regulators, meaning it is now registered within the European Union as a commercial in vitro diagnostic (CE-IVD) test. The bioscience accelerator said it is currently in discussions with various potential distribution and wholesale partners as well as potential licensees, with a sales launch in Europe targeted for April.  XPhyto said it will provide further information and updates in due course. First Mining Gold Corp (TSE:FF) (OTCQX:FFMGF) (FRA:FMG) said its joint venture partner Auteco Minerals Ltd (ASX:AUT) (OTCMKTS:MNXMF) at the Pickle Crow gold project in Ontario has completed C$5 million worth of stage 1 expenditures and is set to earn a 51% interest in the asset. Auteco will now hold a shareholders' meeting to approve issuing 100 million of its shares to First Mining and will apply to the Australian Securities Exchange for their listing. First Mining expects to receive the Auteco shares by the end of April, at which point, Auteco will earn a 51% interest in First Mining subsidiary PC Gold Inc, which owns Pickle Crow. Marble Financial Inc (CSE:MRBL) (OTCMKTS:MRBLF) (FRA:2V0) has launched its artificial intelligence-driven financial wellness SAAS platform MyMarble with LSEO Canada Digital Marketing (Canada Finances). Marble said it is expanding its referral program with Canada Finances, a company that aims to solve the problem of asymmetric information and put Canadians back in the driver's seat.  HempFusion Wellness Inc (TSE:CBD.U) (OTCMKTS:CBDHF) (FRA:8OO) has announced that it is entering the China market through its wholly-owned subsidiary Probulin Probiotics LLC. The subsidiary will launch certain products on Alibaba Group Holding’s Tmall Global (Tmall), the world’s largest cross-border online marketplace reaching more than 750 million consumers in mainland China, Hong Kong, Macau, and Taiwan. “This strategic launch provides us with a tremendous opportunity to reach one of the largest online consumer bases in the world and drive significant revenue for the Company,” said Jon Visser, HempFusion’s chief revenue officer, in a statement. Klondike Gold Corp (CVE:KG) (OTCPINK:KDKGF) (FRA:LBDP) unveiled encouraging drill results from its Lone Star zone on the 586 square kilometers (sq km) Klondike District project in Yukon, ahead of a maiden resource estimate planned for 2022. The latest assays from last year's phase 4 diamond drilling show strong intervals of near-surface gold, both within and outside the currently defined mineralized shell at Lone Star.  Loop Insights Inc (CVE:MTRX) (OTCQB:RACMF), a provider of contactless solutions and artificial intelligence (AI) to drive real-time insights, has entered into a five-store pilot with Sobeys, Canada’s second-largest grocer.  In a statement Thursday, Loop said it will provide Sobeys with its Insights and Engage platforms, including its new digital receipt capability, as well as its Wallet pass technology. Soma Gold Corp (CVE:SOMA) (OTCMKTS:PRSRF) (FRA:8PR1) reported encouraging drill results from its assets in Antioquia, Colombia, which show the potential to expand mineral resources. At the Cordero-Balvina target, the current round of drilling kicked off in early November last year, and assays for 15 holes, for 4,200 metres (m), or around half the program, were reported on Thursday. The remaining work is expected to be completed by the end of June. Meanwhile, at the Deep Limon project, which lies 14km to the southwest of the La Ye and Mangos operations, a highlight drill result was 0.6m of 50.4 g/t gold and 0.3m of 23 g/t gold, which confirmed the vein continuity below the deepest level of Limon mine. At the Alacran-Diamantina project, drilling has hit 5.43 g/t gold over 0.70m, Soma revealed. Vuzix Corp (NASDAQ:VUZI) (FRA:V7XN) said CooperVision, a unit of The Cooper Companies Inc (NYSE:COO) (FRA:CP6), which makes soft contact lenses, has deployed its Vuzix M400 Smart Glasses, equipped with LogistiVIEW's Vision+ augmented reality warehouse software, to provide hands-free picking guidance at its 275,000 square foot West Henrietta distribution site in Upstate New York.  The company said the combined set of instructions delivered to workers intuitively and hands-free through the Vuzix M400 AR Smart Glasses and LogistiVIEW’s platform will avoid the need for any bolted down infrastructure, adding that artificial intelligence and computer vision add an intelligence layer to the process, optimizing tasks and pick sequence for the best possible efficiency. The company added that at the CooperVision warehouse, employees are currently using its Smart Glasses to assist with order picking.  Silver Range Resources Ltd (CVE:SNG) (OTCMKTS:SLRRF) (FRA:8SR) updated investors on exploration last year at its two wholly-owned Stinson and Lucky Boy properties in Nevada, US. At the Stinson project in White Pine County, Silver Range said it defined a 47 square kilometres (sq km) area of interest and staked four additional claim blocks covering the known gold showings last fall. Meanwhile, at the Lucky Boy high-grade silver prospect in Pershing County, last fall, the company collected 247 soil samples and carried out geological mapping and additional rock sampling. Heritage Cannabis Holdings Corp. (CSE:CANN) (OTCQX:HERTF) announced that Health Canada has granted the company the first-ever license to export cannabis products from Canada to Brazil. In December 2020, Heritage entered into an arrangement with CannaBR Exports Corp., a Brazilian focused pharmaceutical CBD product importation and distribution company, for the distribution and bulk sale of formulated CBD products to the Brazilian cannabis market. The arrangement calls for minimum order quantities agreed to by both parties, to be delivered to CannaBR’s large distribution network in Brazil with the option to establish long-term distribution contracts. Endeavour Mining Corp (TSE:EDV) (OTCQX:EDVMF) (FRA:E5Y1) announced it had generated US$553 million in revenue during its fourth quarter, driven by record gold production from its West African operations. The miner produced 344,000 ounces during the three-month period to end December 31, 2020, a 93% increase over the year-ago quarter, at an all-in sustaining cost of US$803 per ounce, an 11% decrease from 3Q 2020. The group swung to a profit in 4Q, posting US$30 million in earnings or $0.19 per share compared to the $113 million loss in the comparable year-ago quarter, while adjusted net earnings hit US$166 million – a large jump from the $37 million it put up in 4Q 2019.  Delta 9 Cannabis Inc. (TSX:DN) (OTCQX:DLTNF) has announced the grand opening of its eleventh Delta 9 Cannabis retail store, and eighth cannabis store in the Province of Manitoba. The company's newest retail store, located in the City of Winnipeg, is scheduled to open on March 18, 2021. “We’re pleased to bring Delta 9 and our many brand partners to the residents of North Winnipeg and surrounding areas with a brand-new retail store at Bunn’s Creek." said John Arbuthnot, CEO of Delta 9 in a statement. Soma Gold Corp (CVE:SOMA) (OTCMKTS:PRSRF) (FRA:8PR1) reported encouraging drill results from its assets in Antioquia, Colombia, which show the potential to expand mineral resources. At the Cordero-Balvina target, the current round of drilling kicked off in early November last year, and assays for 15 holes, for 4,200 metres (m), or around half the program, were reported on Thursday. The remaining work is expected to be completed by the end of June.  NetCents Technology Inc (CSE:NC) (FRA:26N) (OTCQB:NTTCF) announced Thursday that cryptocurrency transactions within its ecosystem are continuing at a record pace. The company said it has processed over $10,800,000 in transaction volume in the first half of March, increasing over February's volume by 61% and surpassing January volume by over 31%. This growth builds on the announced 6.7 million processed in February and 8.2 million processed in January. Tocvan Ventures Corp (CSE:TOC) (FRA:TV3) said it had completed exploration at its flagship Pilar gold-silver project in Mexico ahead of a Phase II drill program and three new vein zone targets were identified. A new so-called Triple Vein Zone (TVZ)  was identified, extending 350 (m) meters south of the Main Zone, Tocvan said. The TVZ has mapped veins 5 to 15m wide, all hosted with the same oxidized andesite rock seen at the drill-defined Main Zone. In addition, a new SE Vein Zone was discovered along the eastern edge of the property, identified with two dominant vein trends. PyroGenesis Canada Inc (TSX:PYR) (NASDAQ:PYR) (FRA:8PY) said it has received a grant of $194,090 from the Ministry of the Economy and Innovation through the support for innovation projects component of the Innovation program, administered by Investissement Québec, to develop a solution to recover the dangerous residues of pot lining produced in the primary aluminum industry. The developer of environmentally-friendly plasma waste-to-energy systems and clean plasma torch products said it will play an important role in eliminating the landfill of the material and potentially other industrial by-products, in addition to significantly reducing specific greenhouse gas (GHG) emissions. PyroGenesis said it is also working in partnership with Aluminerie Alouette, the largest aluminum smelter in the Americas. Codebase Ventures Inc. (CSE:CODE) (FRA:C5B) (OTCQB:BKLLF) has provided an update on the current bitcoin ecosystem and the company's bitcoin mining infrastructure. As the Bitcoin and cryptocurrency markets continue to show increasing strength, Codebase announced that its Bitcoin mining machines are currently being prepped for immediate release to their hosting facility in upstate New York. This first tranche of 115 state of the art Canaan A1246 miners are to be delivered and operational in the coming weeks. With Bitcoin establishing new support levels fueled by institutional investors and individuals alike, Morgan Stanley became the first big US  bank to offer clients access to bitcoin funds on March 17, 2021. The Valens Company (TSE:VLNS) (OTCQX:VLNCF) (FRA:7LV) announced it will be distributing select products from its partner Verse Cannabis to the Medical Cannabis by Shoppers platform. Valens noted the products have been selected from each Verse Cannabis line, Verse Originals and Verse Concentrates, which are custom manufactured using Valens’ proprietary hydrocarbon method, and will be available in the coming weeks across Canada through the national medical cannabis retail platform. Tetra Bio-Pharma Inc. (TSX:TBP) (OTCQB:TBPMF) (FRA:JAM1) has announced that its contract manufacturing facility, Quantum Pharma Inc., has received a notice of compliance for its Drug Establishment License (DEL) following an audit by the Drug GMP Inspection Program of Health Canada. The facility first obtained the DEL in 2018. Since then, Tetra said it has continuously improved its quality management system to ensure compliance with Health Canada's GMP requirements. The inspection took place in February 2021 and during this period, Tetra demonstrated to Health Canada that it can manufacture drugs, such as QIXLEEF, in compliance with the requirements for a prescription drug.Clean Seed Capital Group Ltd. (CVE:CSX) said it is granting 200,000 stock options to the company's recently appointed vice-president, operations and product development, exercisable at 50 cents per share until February 28, 2025. Clean Seed said it has also expanded its marketing department with additional personnel and has granted 75,000 stock options at 60 cents per share until December 31, 2023, to employees of the company. And further to the company's press releases regarding bonus warrants previously issued in connection with a promissory note, the company has submitted an application to the TSX Venture Exchange to replace 1,312,500 bonus warrants since expired in consideration of the extension of the promissory note and market price adjustments. The proposed bonus warrants will be exercisable at 64 cents per share until July 31, 2021, and are subject to TSX-V approval. Clean Seed Capital Group Ltd. (CVE:CSX) said it is granting 200,000 stock options to the company's recently appointed vice-president, operations and product development, exercisable at 50 cents per share until February 28, 2025. Clean Seed said it has also expanded its marketing department with additional personnel and has granted 75,000 stock options at 60 cents per share until December 31, 2023, to employees of the company. And further to the company's press releases regarding bonus warrants previously issued in connection with a promissory note, the company has submitted an application to the TSX Venture Exchange to replace 1,312,500 bonus warrants since expired in consideration of the extension of the promissory note and market price adjustments. The proposed bonus warrants will be exercisable at 64 cents per share until July 31, 2021, and are subject to TSX-V approval. New Oroperu Resources Inc (CVE:ORO) (OTCMKTS:NOPUF) (FRA:OE6) announced it had now filed its new NI 43 101 resource estimate for its Tres Cruces project in north-central Peru. As reported in February this year, the report showed 425,000 ounces of leachable oxide mineralization (at 1.37 grams per ton (g/t) gold) and 205,000 ounces of deeper leachable sulfide gold mineralization (at 1.12 g/t grade) within a pit-constrained total indicated resource of 2.47 million (m) ounces of gold.  A further 104,000 ounces of gold at 1.26 g/t was placed in the lower-confidence inferred category. CEO Wayne Livingstone said in a statement on Thursday: "The filing of the NI 43-101 updated mineral resource estimate report marks an important milestone for the company. This break-out of leachable resources suggests that a standalone development may be a very viable scenario for Tres Cruces. There are additional opportunities to identify more leachable gold resources which could enhance project economics. The Tres Cruces heap leachable oxide mineralization, and the immediately underlying leachable sulfides can provide the foundation to develop the deposit as an initial heap leach operation, which could then transition to the exploitation of the sulfides. We will proceed with advancing the project towards a production scenario and further evaluate economic options for the Tres Cruces project." Co-Diagnostics, Inc. (NASDAQ:CODX), a molecular diagnostics company with a unique, patented platform for the development of molecular diagnostic tests, has announced it will release its fourth-quarter and full-year 2020 results on March 25, 2021, after the market close. The company will also host a conference call and webcast on the same day at 4.30pm EDT to discuss its financial results with analysts and institutional investors. Management on the call will include CEO Dwight Egan, newly appointed CFO Brian Brown, and Reed Benson, General Counsel. Conference call dial-in details: 877-317-6789 (domestic) or 412-317-6789 (international). The call and webcast will be available via ir.codiagnostics.com on the Events & Webcasts page. The call will be recorded and later made available on the company's website Energy Fuels Inc. (NYSEAMERICAN:UUUU) (TSX: EFR) has announced the availability of a broadcast titled, “Rare Earths, Rare Opportunity.” Prices for neodymium and praseodymium oxide (NdPr), which are the most common rare earths used in making magnets, are up by more than 40% in 2021. Several other key rare earths also jumped in value this year, including dysprosium (+53%), gadolinium (+39%) and terbium (+39%). This follows significant increases in prices for these products in 2020. BMO Capital Markets says that the surge in the price of rare earth metals last year reflected geopolitical tensions in a tug of war between China and the developed world. To hear the AudioPressRelease, investors can visit: https://news.networknewsaudio.com/. The full editorial, can be accessed by the following link https://nnw.fm/evBE2 CytoDyn Inc. (OTCQB:CYDY) has announced that Nader Pourhassan, its president and chief executive officer, Scott Kelly, its chairman and chief medical officer, Christopher Recknor, its chief operating officer and Mahboob Rahman, its chief scientific officer, will host an investment community webcast on Monday, March 22, 2021, at 1.00pm PT / 4.00pm ET Management will update stockholders on the company’s recent coronavirus (COVID-19) related filings for Conditional EUA with the US Food & Drug Administration (FDA) Interim Order in Canada, and accelerated rolling review in the UK, as well as potential similar filings in Brazil and the Philippines. Management will also provide updates on its active trials in COVID-19, NASH and Cancer, along with expected timelines for BLA submissions for HIV in the US, Canada and the UK. Management will provide approximately 60 minutes to address questions submitted online by analysts and investors. Prior to the webcast, questions can be submitted online to cydy_team@cytodyn.com; during the webcast, questions can be submitted through the webcast link: https://78449.themediaframe.com/dataconf/productusers/cydy/mediaframe/44169/indexl.html. A replay will be available approximately 60 minutes after the conclusion of the webcast and can be accessed via the same link until April 22, 2021. OTC Markets Group Inc. (OTCQX:OTCM), operator of financial markets for 11,000 U.S. and global securities, has announced that Prosper Gold Corp (CVE:PGX;) (OTCQX:PGXFF), a Canadian based mineral exploration company focused on discovery-stage gold properties, has qualified to trade on the OTCQX Best Market 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. "By trading on OTCQX we have succeeded in making Prosper Gold shares more accessible to an even broader range of investors," stated Peter Bernier, Prosper Gold president and CEO. "This important milestone will strengthen our US and global shareholder base and increase liquidity to the benefit of all investors." Proactive Research has issued an initiation note - https://www.proactiveinvestors.co.uk/companies/news/944218/pharmadrug-inc-a-balanced-approach-to-psychedelic-healthcare-and-wellness-944218.html - on Pharmadrug Inc (CNSX:BUZZ). In it, analyst Ed Stacey explains the investment case for the specialty pharmaceutical company focused on the development and commercialization of controlled-substances and natural medicines such as psychedelics, cannabis and naturally-derived approved drugs.

Full Article