NA Proactive news snapshot: GameSquare Esports, Tocvan Ventures, Loop Insights, First Cobalt, Phunware …

NA Proactive news snapshot: GameSquare Esports, Tocvan Ventures, Loop Insights, First Cobalt, Phunware …

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GameSquare Esports Inc (CSE:GSQ) has announced a big-name addition to its team – skateboarding legend Tony Hawk. One of the most high-profile names in sports media, Hawk started staking professionally at the age of 14 before becoming a successful entrepreneur in the sports and gaming industries. His charity The Skateboard Project has contributed more than US$10 million to construct stake parks throughout the US. Hawk joins the Toronto-based esports company as a strategic advisor to CEO Justin Kenna and the GameSquare group of companies. Tocvan Ventures Corp (CSE:TOC) (FRA:TV3) said it was nearing the halfway point of its planned 4,000 metres (m) Phase 2 drill program at its flagship Pilar gold-silver project in Mexico. So far, 11 holes have been completed for 1,811m and samples for the first five holes have been sent to the lab, the company said. Early drilling focused on the extension of the Main Zone, testing deeper down-dip mineral extensions and stepping out along strike. Drill targeting has now shifted towards testing new areas along the 4-Trench Extension and Triple Vein Zone areas. Loop Insights Inc (CVE:MTRX) (OTCQB:RACMF), a provider of real-time data analytics through artificial intelligence (AI) to drive customer engagement, has announced that it has signed a Letter of Intent (LOI) with All Net LLC, to provide a custom technology stack that will power the All Net Resort and Arena Project, a new $2.7 billion entertainment venue in Las Vegas, Nevada. The Vancouver, British Columbia-based advanced technology company said that at “the core of the partnership” will be Loop’s real-time AI data intelligence and digital wallet platform. The All Net Resort will combine sports and entertainment events with business and corporate bookings that will appeal to upscale demographic groups including business professionals and families, providing guests and visitors with a state-of-the-art connected venue. The company developing the project is run by Jackie Robinson, a former NBA and UNLV basketball player turned successful businessman. First Cobalt Corp (CVE:FCC) (OTCQX:FTSSF) (FRA:18P) has increased the size of its land position surrounding its Iron Creek Project in Idaho by more than 100%. The company said it acquired mining claims to the west of its existing cobalt-copper project, expanding its land package to over 1,600 hectares. Located in the Idaho Cobalt Belt, the project is one of the few primary cobalt deposits in the world. The resource remains open westward along strike and down-dip -- and to date, cobalt-copper mineralization has been defined over a 900-metres (m) strike extent. Phunware, Inc. (NASDAQ:PHUN) said it has today launched the PhunToken Purchase Portal to begin selling PhunToken (PHTK) to consumers, developers and brands. PhunToken is an innovative cryptocurrency utilized by a blockchain-enabled Mobile Loyalty Ecosystem to help drive engagement by unlocking the features and capabilities of Phunware’s Multiscreen-as-a-Service (MaaS) platform. PhunToken is designed to promote profitable behavior by rewarding consumers for their activity, such as watching branded videos, completing surveys designed to understand purchase intent and visiting points of interest. Algernon Pharmaceuticals Inc (CSE:AGN) (FRA:AGW) (OTCQB:BTHCF) announced that it has reached 50% of its enrollment target for its Phase 2 idiopathic pulmonary fibrosis (IPF) and chronic cough clinical study of its repurposed drug NP-120 (Ifenprodil). The 20 patient proof-of-concept trial is designed to determine the efficacy of Ifenprodil in the preservation of lung function in patients suffering from IPF and its associated chronic cough. There are six sites participating in the study, with four located in Australia and two in New Zealand. Ifenprodil has been shown to mediate anti-inflammatory responses and reduce pulmonary fibrosis in a murine (mouse) model of IPF, the company said, and it significantly reduced cough frequency and delayed onset in a guinea pig acute cough model. Fury Gold Mines Ltd (TSE:FURY) (NYSEAMERICAN:FURY) (FRA:AUN1) outlined key achievements over the last seven months since the gold exploration group was formed, which has included significant drilling at the Eau Claire project in Quebec and a tie-up with a UK-based environmental, social and corporate governance (ESG) platform to help communicate its sustainability activities. "Over the past seven months, we have been busy at Fury putting the company in a strong position to leverage its growing, high-grade Canadian gold projects," said Mike Timmins, CEO of Fury. PlantX Life Inc. (CSE:VEGA) (FRA:WNT1) (OTCQB:PLTXF) has announced that it achieved new record monthly gross revenues for the month of April 2021. The company saw new record gross revenue of $2,042,450, reflecting a 30% increase from March 2021, and 87% increase since January 2021. It added that the cost of goods sold $1,639,568 for the same month. PlantX Life said it continues to experience significant month-over-month revenue increases, as shown by recent financial results in the last few months. Gatling Exploration Inc (CVE:GTR) (OTCQB:GATGF) (FRA:G28A) told investors that a second rig has been added to the ongoing drill program at its flagship Larder gold project in Ontario ahead of a resource update due out by the end of the third quarter of 2021. The drill rig will go to the Bear deposit for a 5,000 metres (m) program to explore near surface extensions from the high-grade core, which begins at around 450m below surface - particularly two developed zones up plunge around 90m depth.  Tetra Bio-Pharma Inc (TSX:TBP) (OTCQB:TBPMF) (FRA:JAM1) said it is speeding up its “revolutionary” Phase 2 clinical trial, PLENITUDE, to evaluate the safety and effectiveness of its investigational cannabis medicine QIXLEEF, for use in managing uncontrolled pain in patients with advanced cancer. The Ottawa, Ontario-based company's inhaled proprietary drug formulation QIXLEEF has a fixed ratio of THC and CBD.  The medication is inhaled through a Class 2 medical vaporizer.  When pharmaceutical-grade cannabis is vaporized rather than smoked, the beneficial components can be inhaled without the generation of smoke and combusted by-products, said the company. Evergold Corp (CVE:EVER) (OTCMKTS:EVGUF) (FRA:5EG) revealed its summer 2021 exploration plans at two of its British Columbia properties. Fieldwork will begin at the Golden Lion property on June 1, with at least 2,500 metres (m) of drilling planned, the company said. At Snoball in the province’s Golden Triangle region, exploration will start around July 15 and consist of at least 2,000m of drilling.  Psyched Wellness Ltd. (CSE:PSYC) (OTCQB:PSYCF) (FRA:5U9) has announced that the company has inked a research contract with the National Research Council of Canada (NRC), an agency of the Government of Canada. The NRC has been hired to provide their expertise in biomedical nanotechnology, but all the results of the research will belong to Psyched Wellness, and the NRC does not endorse the findings or itss products, the company said. The NRC specializes in providing vital scientific and technological services to the research and industrial communities of Canada. Psyched Wellness said the contract will be divided into three objectives over a period of 2 years to further preliminary findings indicating anti-inflammatory and antioxidant properties in addition to the study of potential neuroprotective roles of the AME-1 extract. American Manganese Inc (CVE:AMY) (OTCQB:AMYZF) (FRA:2AM) has announced that Advisory Board member Dan McGroarty has been appointed as one of three private-sector members to the US Department of Energy's (DOE) Critical Materials Institute (CMI) Advisory Board. McGroarty will serve a two-year term on the Advisory Board, which reports to CMI Director Dr Tom Lograsso, the company said in a statement. "Dan is a tremendous asset to the American Manganese team, helping us navigate the company to becoming an industry team member of the CMI, and demonstrating for the U.S. Defense Logistics Agency, AMY's ability to solve a strategic critical mineral challenge, in our Wenden Stockpile reclamation and advanced material processing bench-scale project," said CEO Larry Reaugh.  Heritage Cannabis Holdings Corp (CSE:CANN) (OTCQX:HERTF) (FRA:2UE) announced that its products are available for purchase on the CannMart online platform. CannMart, a subsidiary of Namaste Technologies Inc (CVE:N) (OTCMKTS:NXTTF) (FRA:M5BQ), is a Health Canada-licensed desktop and mobile portal that gives cannabis consumers with medical authorization, the flexibility to buy products quickly with convenient delivery options. Heritage CEO Clint Sharples said medical cannabis consumers now will have easy access to its 45 SKUs across all five Heritage brands, including RAD which recently achieved No. 1 in category sales in a number of provinces. The other brands are Purefarma, Pura Vida, Premium 5, and feelgood. Falcon Gold Corp (CVE:FG) (OTCPINK:FGLDF) (FRA:3FA) announced it has begun its 2021 work programs on the Central Canada gold mine project located in northwestern Ontario. The company said its first activities will be focused on the outcrop exposures and trench areas, where the geological team will be conducting detailed structural mapping along the 275 metres (m) long strike of the Central Canada mine trend. “We are looking forward to commencing phase 3 drilling shortly, the intent is to target the historic shaft area initially and complete further infill along the 275m strike of the Central Canada mine trend,” Falcon Gold CEO Karim Rayani said in a statement.  Nomad Royalty Company Ltd (TSE:NSR) (OTCQX:NSRXF) (FRA:IRLB) posted record revenue in its first quarter to March 31, 2021, and said it enjoyed strong gold and silver production from its portfolio. A record 5,575 gold equivalent ounces (GEOs) were delivered in the three-month period and 5,575 GEOs were sold, up from 3,817 ounces in the first quarter of 2020. "Our focus ahead is on maintaining this positive momentum by delivering on our stated goal of delivering value through further deployment of capital in new opportunities across the globe, which coupled with the strong organic growth of our current portfolio will allow Nomad to continue to generate strong free cash flow and support further growth and returns to shareholders," said Vincent Metcalfe, CEO of the royalty and streaming group in a statement. Vuzix Corporation (NASDAQ:VUZI) (FRA:V7XN) has reported its first-quarter results for the three months ended March 31, revealing record sales of its smart glasses. "Vuzix reported record smart glasses sales of $3.8 million as an increasing number of our customers continued to place larger and more frequent orders for our Smart Glasses," CEO Paul Travers said in a statement. "Sales of our workhorse M400 Smart Glasses tripled versus the prior year's comparable quarter and we are seeing a broadening array of use cases emerging from literally every corner of the world.” Total glasses sales easily more than doubled from $1.4 million in the first quarter of 2020, and gross profit improved to nearly $1.1 million from $81 ,000. Net loss was $6.6 million or $0.12 loss per share, compared to a loss of $5.9 million or $0.18 loss per share, a year earlier. Victory Square Technologies (OTCQX:VSQTF) has announced that its CEO, Shafin Diamond will be attending the Q2 Virtual Investor Summit being held May 17-18, 2021. Diamond's presentation, which will be on May 17 at 9.30am ET, can be accessed via the following link: https://zoom.us/webinar/register/WN_-x0XFuohQG6hZDgr8X9ffw Kintara Therapeutics, Inc. (NASDAQ:KTRA) today announced that its president and CEO, Saiid Zarrabian will be attending the Q2 Virtual Investor Summit. Zarrabia's presentation, which will be on May 18, 2021, at 11.00am ET, can be accessed via the following link: https://zoom.us/webinar/register/WN_CaBoy6ovRySXUDmri34bUA OTC Markets Group Inc. (OTCQX:OTCM) announced that the OTCQX Market has reached the 500 company milestone with the addition of its first Danish company, Copenhagen-based esports leader Astralis A/S (OMX:ASTGRP) (OTCQX:ASGRF) to the OTCQX Market. With ten founding members at inception, the breadth of the OTCQX Market now represents a diverse range of today's industry leaders spanning all sizes, industries, and sectors. OTC Markets Group announced that Astralis A/S had qualified to trade on the OTCQX Best Market and 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 welcome our first Danish company, Copenhagen-based esports leader Astralis A/S, to the OTCQX Market, as they join an esteemed roster of companies and mark our OTCQX 500-company milestone," said Jason Paltrowitz, executive vice president of Corporate Services at OTC Markets Group. "Cross-trading on OTCQX will enable Astralis A/S, listed on the Nasdaq First North Growth Market, to expand its U.S. investor base and enhance the company's global liquidity.  We look forward to providing the company and its investors with a transparent and efficient trading experience and all the benefits of our premium public market." Anders Hørsholt, CEO of Astralis A/S commented: "We are pleased to have qualified to trade on the OTCQX. It will give our current and potential new shareholders an additional and larger regulated platform from which they can conveniently trade our common share and it provides added exposure to an expanding US market of esports investors. Trading on OTCQX will secure increased access for US institutional and retail investors looking to invest in our company and proven business model and it provides an opportunity to be a part of Astralis' continued development as a leader in the growing, global esports industry."

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