NA Proactive news snapshot: Avalon GloboCare, Planet 13 Holdings, Vicinity Motor, Ipsidy, Altiplano Metals UPDATE …

NA Proactive news snapshot: Avalon GloboCare, Planet 13 Holdings, Vicinity Motor, Ipsidy, Altiplano Metals UPDATE …

Proactive Investors

Published

Avalon GloboCare Corp (NASDAQ:AVCO) has reached a definitive agreement to acquire Hebei Senlang Biotechnology Co Ltd, the largest cell therapy company in northern China in terms of biomanufacturing scale, breadth and depth of clinical development programs, and pre-clinical research. SenlangBio’s core technology platforms include chimeric antigen receptor (CAR) T-cells (CAR-T), allogeneic CAR Gamma Delta T-cells (CAR-γδT), and armored tumor infiltrating lymphocytes (armTILs), the company said. Avalon will acquire SenlangBio’s proprietary cellular therapy portfolio consisting of multiple autologous and allogeneic candidates, including both single-target therapies as well as “cocktail” combinations. Avalon plans to issue 81 million shares of its common stock to make the acquisition, and will seek approval from its shareholders. Planet 13 Holdings Inc (CSE:PLTH) (OTCQB:PLNHF) said the Tinley Beverage Company Inc’s (CSE:TNY) (OTCMKTS:TNYBF) (FRA:T27) cannabis-infused drinks will be one of the inaugural brands to launch at Planet 13’s Orange County SuperStore at its expected grand opening in July this year. The company is gearing up to open its new California outpost, the 55,000 square-foot Orange County Cannabis SuperStore Entertainment Complex, which has 16,500 square feet devoted to just the dispensary retail area, massive digital screen displays and unique tech-art installations. Vicinity Motor Corp (CVE:VMC) (OTCQX:BUSXF) (FRA:6LG), formerly Grande West Transportation Group Inc, announced it has received an initial order from Calgary Transit, the city of Calgary's transit authority, for 14 Vicinity Lightning electric vehicle (EV) buses valued at more than C$6.0 million. The initial 14 EV bus order is for delivery in 2022, with Calgary Transit having the option to purchase supplemental vehicles at a set price over a five-year period. Ipsidy Inc (OTCQB:IDTY), the biometric identity verification solutions company, is undergoing a major rebrand, changing its name to authID.ai, bringing in new executive leadership and moving its headquarters to Denver. Tom Thimot, the former CEO of private predictive analytics firm Socure, is taking on the same role at authID.ai. Thimot has decades of experience working in the cloud computing industry, and at Socure, he led a transformation that positioned Socure as the leader in day-zero identity verification and earned it a $1 billion valuation, the company said. Thimot replaces Phillip Kumnick, who retains his position as chairman. Altiplano Metals Inc (CVE:APN) said it has completed a technical review for its Maria Luisa gold-copper project in Chile. The copper-focused company also reported that the exploitation permit application along with the design details have been submitted to the government mining authority, Servicio Nacional de Geologia y Mineria. The development plan for Maria Luisa is designed to reach gold-copper mineralized veins through multiple access points on various levels through a decline system. Efforts will include the construction of a decline that will enter at the southwest corner of the property and advance in a southeast direction for approximately 350 meters. PlantX Life Inc (CSE:VEGA) (OTCQB:PLXTF) (FRA:WNT1) announced that it has begun selling its first products on Walmart Canada Marketplace online. PlantX products currently available on Walmart Marketplace in Canada include a variety of plant-based household supplies and pantry items from brands such as Quantum, Plant Snacks, Fody, NuNaturals, Chickapea, Cadia and Made in Nature. “We have been focused on executing our growth strategy and our products being added to Walmart Marketplace is another component of expansion efforts,” PlantX Founder Sean Dollinger said in a statement. Arizona Silver Exploration Inc (CVE:AZS) (OTCMKTS:AZASF) reported new high-grade gold and silver results from a drill program on the Main Claim of the Philadelphia vein on the aptly named Philadelphia precious metals project. Drilling at the vein intersected 3.7 feet of 6.79 grams per ton (g/t) gold and 258 g/t silver, the company said in a statement. Other results from the five holes assayed included 3 feet grading 1.09 g/t gold and 14.4 g/t silver, and 5.1 feet of 0.15 g/t gold and 39.2 g/t silver. Global Energy Metals Corporation (CVE:GEMC) (OTCMKTS:GBLEF) has announced that its CEO Mitchell Smith has been appointed to the board of directors of the Battery Metal Association of Canada (BMAC). The move will align Global Energy Metals and BMAC’s objective of promoting and supporting Canada’s rapidly changing energy landscape. BMAC is a trade organization of entrepreneurs, explorers, developers and producers of battery metals and materials that share a common desire to develop battery metals resources and to incorporate these materials into a battery production stream. Global Energy Metals offers investment exposure to the growing rechargeable battery and electric vehicle market by building a diversified global portfolio of exploration and growth-stage battery mineral assets. Major Precious Metals Corp (CSE:SIZE) (OTCMKTS:SIZYF) (FRA:3EZ) is offering subscribers a non-brokered private placement worth gross proceeds of C$10 million, the company said. The company will issue 28.6 million units at a price of C$0.35, with each unit consisting of one share and half a share purchase warrant. Whole warrants will be exercisable at a price of C$0.70, the company said. “This injection of additional capital together with the ongoing combination of warrants and options being exercised by existing long-term shareholders will serve to continue to finance the extensive drilling and economic evaluation of the company’s Skaergaard project in Greenland, as has been well documented and previously announced by the company,” CEO Tony Williams said in a statement. Thor Explorations Ltd. (CVE:THX) said that Sprott Capital Partners has exercised all of its 1,664,534 broker warrants at $0.18 each. Following the warrant exercise the company now has 623,070,509 common shares in issue. The common shares issued under the exercise of options will be subject to a four-month and one-day holding period expiring on October 9, 2021. Mindset Pharma Inc (CSE:MSET) (OTCQB:MSSTF) (FRA:9DF), a biotechnology company developing psychedelic medicines and technologies, noted that InterVivo Solutions (IVS) had released the first data set as part of its jointly developed advanced Cooperative Psychedelics Evaluation Platform (COPE) program. The program, launched in March, aims to create the world's first preclinical behavioral and pharmacokinetics benchmark data for clinically relevant psychedelic drugs including psilocybin, LSD, DMT, and 5-MeO-DMT amongst others. Preliminary data focused on psilocybin/psilocin and shows that clinical exposure levels reported in humans correlate to exposure and efficacy measures observed in mice - validating the predictive value of IVS's selected behavioural assays and animal models. BMEX Gold Inc (CVE:BMEX) told investors that a high-grade gold system has now been confirmed at its King Tut project in Quebec, as the company posted a drill assay of 81.89 grams per ton (g/t) gold over 0.45 metres (m) in one hole. All assays for the company's first pass, 19 hole - 5,119m - diamond drill program have now been received and a follow-up drill program is earmarked for the Fall. Hole 18 hit the high-grade intercept above from a depth of 185.65m and a re-assay of the sample returned 143.79 g/t of the yellow metal, BMEX noted. AIM ImmunoTech Inc (NYSEAMERICAN:AIM) (FRA:HXB2) reports that its drug Ampligen has been featured in a publication containing state-of-the-art methodologies in the peer-reviewed medical journal Cancers as a potential treatment option for cancer patients infected with SARS-CoV-2.  In a statement, the company said the study’s authors stated that Ampligen has the potential to reduce the severity of the deadly respiratory disease COVID-19, which has so far caused more than 3.7 million deaths globally.   NEO Battery Materials Ltd (CVE:NBM) (OTCMKTS:NBMFF) said it has entered into a memorandum of understanding (MOU) with Korea Metal Silicon Co. Ltd. (KMS) for the advancement of low-cost, scalable silicon anodes. Under the terms of the MOU with the South Korea manufacturer of silicon powder, the two companies will pursue solutions to remove the cost bottlenecks associated with nanosilicon powders at a scalable and commercially viable level for NEO’s proprietary silicon anodes. The deal is expected to accelerate Neo’s commercialization plans of its silicon anode technology. Adcore Inc. (TSX:ADCO) said it has priced a marketed offering of units of the company as it looks to raise new capital to help fund sales, marketing, research, and development. The company plans to issue 3.1 million units at a price of $1.33 per unit, raising gross proceeds of $4.12 million. Each unit will consist of one common share of the company and half a warrant. Each warrant will be exercisable into one common share for a period of 24 months from the closing of the offering at an exercise price of $1.80. Adcore, which provides search engine marketing software solutions and services via automation and machine learning technologies, said the units would be offered in each of the provinces and territories of Canada, other than Quebec, in line with May’s prospectus. Globex Mining Enterprises Inc (TSE:GMX) (OCTMKTS:GLBXF) (FRA:G1MN), the exploration, royalty, and property bank, is to sell its Francoeur/Arntfield/Lac Fortune gold property in Québec to mining major Yamana Gold Inc (TSE:YRI) (NYSE:AUY) (LON:AUY) (FRA:RNY) in a cash and share deal worth over C$15 million. Globex has struck a definitive purchase agreement on the asset, which lies in the prolific Abitibi region, and adjoins Yamana’s Wasamac gold mine project, which is being advanced towards production. As part of the deal, Yamana will also acquire 30 claims in Beauchastel township to the east of the Wasamac gold property and three claims in the Malartic township from Globex. TechX Technologies Inc (CSE:TECX) (OTCMKTS:TECXF) (FRA:C0B1) announced it has appointed Dr John Henderson as its new COO and Chris LaFrance to the role of product manager. Henderson earned a PhD identifying and quantifying management best practices using data science techniques, doing extensive research on signal mechanisms of management behaviours predicting future financial performance. The new COO also earned an MBA from the University of British Columbia's Sauder School of Business, a Masters in Science in biological chemistry from the University of Waterloo along, with bachelor degrees in economics, biotechnology and communications.  Ready Set Gold Corp (CSE:RDY) (OTCPINK:RDYFF) (FRA:0MZ) announced it has successfully negotiated the early repayment of about US$1.3 million in convertible debt owed to the company by Dreamfields Brands Inc. Ready Set Gold said the debt will be settled in six payments beginning in June 2021, with the final payment to be received in late October 2021. “The funds received will be applied to the exploration of our Ontario gold exploration projects and for working capital purposes,” Ready Set Gold CEO Christian Scovenna said in a statement.  Real Luck Group Ltd (CVE:LUCK) (OTCQB:LUKEF), along with its Luckbox esports gambling subsidiary companies, has announced a partnership with Turkish gaming marketing firm Publishme. The partnership will see Publishme build an in-house content studio and work to deliver Luckbox's content marketing strategy, the company said. The firm specializes in marketing for gaming companies and brands, and its clients include Activision, Epic Games, Red Bull, MasterCard Inc (NYSELMA) (FRA:M4I) and Unilever PLC (LON:ULVR). Karora Resources Inc (TSE:KRR) has said it will work with The Net Zero Company to aid Karora’s objective of becoming one of the world's first net-zero greenhouse gas (GHG) junior gold miners. The company said the duo will collaborate on a pathway and develop set targets towards a true net-zero mining future. The primary goal will be setting GHG emissions reduction targets based on science-based methodologies. The Australian-focused precious metal’s junior plans to build upon the ESG program that it is already developing, and expects to deliver its inaugural ESG report in early 2022. LexaGene Holdings Inc (OTCQB:LXXGF) (CVE:LXG) (FRA:5XS2), a molecular diagnostics company, has sold a MiQLab diagnostic testing system to Alpine Veterinary Hospital in Concord, California. “We are excited that Alpine Veterinary Hospital sees that the future of animal care begins with the MiQLab System,” CEO Dr Jack Regan said in a statement. “We continue to gain momentum in veterinary health as we’ve generated multiple MiQLab sale leads from ACVIM Forum, which we attended last week, and from the hard work of our dedicated sales team.” MiQLab delivers excellent sensitivity, specificity, and breadth of detection. It can test for 27 pathogens and returns results in about one hour versus 1-3 days at a lab.  Newrange Gold Corp (CVE:NRG) (OTCMKTS:NRGOF) (FRA:X6C) said it has identified widespread gold mineralization and local concentrations of copper, lead and zinc associated with a skarn alteration, at the McGill Canyon area of the Pamlico project in Nevada. According to the gold explorer, the skarn-hosted mineralization is coincident with a much larger induced polarization chargeability anomaly interpreted to be at least 5.5 kilometers long and, in the area sampled, more than 1.5 kilometers wide. An area of particular interest is the occurrence of an altered porphyry dike with weak to moderate potassic alteration, evidenced by abundant secondary biotite, grading 2.994 grams per ton gold (g/t Au) and 0.115% copper (Cu). Gungnir Resources Inc (CVE:GUG) (OTCPINK:ASWRF) (FRA:AMO1) is getting started on a new geophysics program at its Knaften gold project in Sweden. The junior resource company said that induced polarization survey is progressing over an unexplored area that Gungnir believes contains “favourable” host rock to gold mineralization, particularly on licences covering the southern half of a recently acquired quartz diorite intrusion. The survey is targeting disseminated style mineralization similar to the Knaften 300 Gold Zone, which is located in the northern part of the quartz diorite, according to a statement.  American Resources Corporation (NASDAQ:AREC) has announced that it is set to join the Russell Microcap Index. According to a preliminary list of additions posted on June 4, the company said it will be added at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the US market opens on June 28. Membership in the Russell Microcap Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. FTSE Russell, a leading global index provider, determines membership for its Russell indexes primarily by objective, market-capitalization rankings, and style attributes.  Aion Therapeutic Inc (CSE:AION) (OTCMKTS:ANTCF) has raised C$1,487,016.56 gross from a private placing, which will be used for general working capital purposes. The pharma-focused group issued over 16.9 million units at C$0.0875 each, with each unit consisting of one company share and one-half of one warrant. Each warrant entitles the holder to buy a company share for C$0.15 for 24 months from closing. Phunware, Inc. (NASDAQ:PHUN) has said it is set to join the Russell Microcap Index at the conclusion of the 2021 Russell indexes annual reconstitution in a move that will raise its profile with investors. The inclusion will take effect after the US market opens on June 28, according to a preliminary list of additions. Phunware is a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data, and services for brands worldwide. Joining the Russell Microcap Index means automatic inclusion in the appropriate growth and value style indexes, which are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. “It is a pleasure to join the Russell Microcap Index, as it will help develop our equity profile across the broader investment community,” Phunware President, CEO and co-founder Alan S. Knitowski said in a statement. CO2 GRO Inc (CVE:GROW) (OTCQB:BLONF) (FRA:4021) says one of its existing Canadian customers has bought a second CO2 Delivery Solutions system from the company. The system will be installed in the customer's second micro cultivation facility. Aaron Archibald, the vice president of sales and strategic alliances at CO2 GRO, said the deal showed how the company could "expand and grow as our existing customers expand their operations". Virtual Investor Conferences, the leading proprietary investor conference series, has announced the agenda for the upcoming International Virtual Investor Conference. Individual investors, institutional investors, advisors and analysts are invited to attend. The program opens at 8.45am ET on Thursday, June 17, 2021, with the first live webcast at 9.00am ET. "OTC Markets is proud to host our International virtual investor conference highlighting a diverse range of today's industry leaders that represent the breadth of the OTCQX market, said Jason Paltrowitz, executive vice president of Corporate Services at OTC Markets Group. We are pleased to provide this opportunity for global issuers to more broadly engage and connect with investors." Investors can register for the event using the following link: https://bit.ly/3vaLS9E. A real-time solution for investor engagement, Virtual Investor Conferences is part of OTC Market Group Inc's (OTCQX:OTCM) suite of investor relations services specifically designed for more efficient Investor Access.  Replicating the look and feel of on-site investor conferences, Virtual Investor Conferences combine leading-edge conferencing and investor communications capabilities with a comprehensive global investor audience network. For more information about the program and to view a complete calendar of Virtual Investor Conferences, investors can visit www.virtualinvestorconferences.com Nova Royalty Corp. (CVE:NOVR) (OTCQB:NOVRF) has announced the results for its annual general meeting of shareholders held on June 10, 2021.  A total of 21,397,212 common shares were represented at the meeting, representing 28.37% of the company's issued and outstanding common shares, and shareholders approved all matters brought before the meeting. The company noted that Brett Heath, Alex Tsukernik, E.B. Tucker, Andrew Greville and Denis Silva were all re-elected to serve as directors of the company and Luke Leslie was also elected to act as a new director of the company. Leslie is currently chief financial officer and a director at Shanta Gold Limited. He previously served on the boards of directors of Kincora Copper and REBGold Corporation and began his career with roles at Accenture and UBS Investment Bank's corporate finance team. PowerTap Hydrogen Capital Corp. (NEO:MOVE) (FRA:2K6)(OTCMKTS:MOTNF) has said that, further to its announcement on June 7, 2021, the company has completed its name change from Clean Power Capital Corp. effective from Monday, June 14. 2021. The  name change emphasizes the company's transition to a single-purpose company from an investment issuer, redeploying its assets and resources to be a single-purpose hydrogen fueling technology company and aligns it with its wholly-owned subsidiary, PowerTap Hydrogen Fueling Corp.'s focus on the development of its PowerTap 3.0 hydrogen fueling units. Financial results will be reported on a consolidated basis for the period commencing June 1, 2021.  The company will continue to trade under the stock symbols MOVE on the NEO Exchange, MOTNF on the OTC Markets. Endeavour Mining Plc (TSX:EDV) (LON:EDV)(OTCQX:EDVMF) said its entire issued ordinary share capital consisting of 250,491,755 shares, has today been admitted to the premium listing segment of the Official List of the Financial Conduct Authority and to trading on the London Stock Exchange’s (LSE) main market. Shares will trade on both the LSE and the Toronto Stock Exchange (TSX) under the ticker symbol EDV. Endeavour is not intending to raise capital in conjunction with its London listing. Sebastien de Montessus, Endeavour president & CEO commented: “Our listing marks the start of the next phase of our evolution and will see us become the largest pure gold producer on the premium segment of the London Stock Exchange with access to a deeper pool of capital. Over the past few years, we have built a resilient business, with a high-quality asset base made up of low cost, long-mine life assets, attractive development projects and additional exploration potential. This underpins our attractive shareholder returns policy that we believe will create value for investors across the cycle.” Endeavour hosted a capital markets event on June 7, 2021, detailing the Company’s strategy, recent milestones, Environmental, Social and Governance initiatives, and its long-term ability to reward shareholders. The event replay is available on Endeavour’s website by clicking on the following link: https://www.endeavourmining.com/investors/capital-markets-event Ipsidy Inc. (OTCQB:IDTY), a leading provider of Identity as a Service (IDaaS), delivering a suite of secure, mobile, biometric identity verification solutions, has announced that effective June 14, 2021, it will complete a 1-for-30 reverse stock split of its common stock. As a result, on Monday, June 14, 2021, every 30 issued shares of Ipsidy common stock will automatically be combined into one share of common stock. In a statement the company explained: "We believe this change will make it easier for investors to trade in our stock and is a necessary step before the Company’s common stock can be admitted to listing on a national exchange." Shares of the Company’s common stock will be assigned a new CUSIP number (46264C206) and the company’s common stock will trade under a new and temporary ticker symbol 'IDTYD' for a period of 20 business days including the effective date of the reverse stock split. OTC Markets Group Inc. (OTCQX:OTCM), the operator of financial markets for 11,000 US and global securities, has announced that FansUnite Entertainment Inc. (CSE:FANS) (OTCQX:FUNFF), a sports and entertainment company focused on online gaming, has qualified to trade on the OTCQX Best Market and has today upgraded from the OTCQB Venture Market. The OTCQX Market is designed for established, investor-focused US and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among US investors. "We have continued to see increased interest from American investors as the online betting space gains traction worldwide," said Scott Burton, CEO of FansUnite Entertainment in a statement. "By upgrading our market, we will have increased visibility and exposure to a broader investment community. As we continue to execute on our vision of becoming a global leader in the gaming industry, we are excited to showcase our achievements to a growing base of US and international investors." OTC Markets Group Inc. (OTCQX:OTCM), the operator of financial markets for 11,000 US and global securities, has announced that American Riviera Bank (Santa Barbara, CA) (OTCQX:ARBV), a full-service community bank focused on the Central Coast of California, has qualified to trade on the OTCQX Best Market and has today upgraded from the OTC Pink market. The OTCQX Market provides investors with a premium US public market to research and trade the shares of investor-focused companies. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among US investors. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. "American Riviera Bank's joining the OTCQX Best Market is an important event for the Bank, and reflects a key step in our long-term strategic plan to create additional liquidity and trading volume in our shares. We believe our awareness and exposure within the investment community will increase as a member of the OTCQX Market, and we look forward to continuing to create long-term value for our shareholders," said Jeff DeVine, president and chief executive officer of American Riviera Bank in a statement.

Full Article