NA Proactive news snapshot: BioHarvest Sciences, Kainantu Resources, KushCo Holdings, Nextleaf Solutions UPDATE …

NA Proactive news snapshot: BioHarvest Sciences, Kainantu Resources, KushCo Holdings, Nextleaf Solutions UPDATE …

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BioHarvest Sciences Inc (CSE:BHSC) (OTCMKTS:CNVCF) (FRA:8MV) has said that VINIA, its red grape cell functional food, is the “only dietary supplement in the US market” which reduces the endothelin 1 (ET1) enzyme, and increases the nitric oxide (NO) molecules, in order to “increase the dilation of arteries and thereby improve blood flow.” The Vancouver-based company explained that the presence of ET1 constricts a blood vessel, whereas the presence of nitric oxide dilates it. As a result of its "double-action effect," demonstrated by the Flow Mediated Dilatation measurements in a double-blinded placebo-controlled clinical trial and in an in-vitro study, whose results were both published, VINIA is “uniquely positioned to combat the aging process caused by a reduction in blood flow,” noted the company. Kainantu Resources Ltd (CVE:KRL) (FRA:6J0) said it executed definitive agreements to gain control of the May River project in the world-renowned copper and gold district of Frieda River, Papua New Guinea (PNG). The gold miner entered into two separate definitive purchase agreements with ASX-listed Niuminco (ASX:NIU) and Hardrock, a private company. The deals will see Kainantu gain control of the highly prospective copper and gold mineral concessions, known as the May River project through the acquisition of two holding companies. The area consolidates three adjoining tenements and is less than 15 kilometers (km) away from the PanAust (ASX:PNA) owned world-renowned Frieda River project. KushCo Holdings Inc (OTCQX:KSHB) has said it expects to generate preliminary and unaudited fiscal third quarter 2021 revenue of between $27.5 million and $28.0 million, a 21%-26% year-over-year gain, driven primarily by an increase in sales to the company's top 25 customers that include leading multi-state operators (MSOs), licensed producers (LPs), and brands. The company noted that revenue from its top 25 customers is expected to increase by more than 60% to at least $20.5 million in 3Q. “Not only are our sales to these customers continuing to grow, but the quality of the customers we are serving is also continuing to improve, as we have a much stronger book of the right customers than we did a year ago,” KushCo Holdings CEO Nick Kovacevich said in a statement. Nextleaf Solutions Ltd (CSE:OILS) (OTCQB:OILFF) has announced the launch of a Specialty Molecules Division to focus on the development and commercialization of novel psychoactive compounds. The company said the division is supported by its existing intellectual property (IP) portfolio, including the manufacturing of CBD-O-acetate and the recently announced US patent for the synthesis of THC-O-acetate. "The purpose of this new division is to leverage Nextleaf's existing intellectual property and delivery technology to develop IP-protected therapeutic products from novel molecules," said Nextleaf CEO Paul Pedersen in a statement. BioSig Technologies Inc (NASDAQ:BSGM) has announced that it will present an exhibit at the Heart Rhythm 2021 convention, held July 28-31 at the Boston Convention and Exhibition Center. The company’s executive leadership, and clinical, commercial and engineering teams will host a series of presentations at booth 849 that will showcase the latest clinical data and demonstrate the newest software features of its PURE EP System, the non-invasive Class 2 device that aims to drive procedural efficiency and efficacy in electrophysiology. BioSig will also host a series of invitation-only events that will feature physician user presentations. BioSig completed enrollments in its clinical trial in April 2021. During the 51-patient trial, the PURE EP System was used in all types of cardiac arrhythmia cases. Atrial fibrillation, the most common arrhythmia type, accounted for more than 40% of enrollments. Chesapeake Financial Shares, Inc. (OTCQX:CPKF), the parent company of both Chesapeake Bank and Chesapeake Wealth Management has confirmed that its second-quarter dividend of $0.130 per share is payable on or before June 15, 2021.  XPhyto Therapeutics Corp. (CSE:XPHY) (OTCMKTS:XPHYF) (FRA:4XT) said it has been featured in a broadcast via NetworkNewsAudio (NNA), a solution that delivers additional visibility, recognition and brand awareness in the investment community via distribution to thousands of syndication points. "With both its North American GMP mescaline synthesis program and German-based psilocybin biotechnology production underway, the first stage of XPhyto's psychedelic medicine program is progressing on schedule. As the manufacturing programs advance, we look forward to focusing our expertise on psychedelic drug formulation," said XPhyto Therapeutics CEO & Director, Hugh Rogers. "We see a significant market opportunity in the production of pharmaceutical-grade psychedelics followed by the standardization of dosage formulations with precise, predictable and efficient drug delivery for clinical study and therapeutic use," he added. The audio press release covers XPhyto’s recent announcement regarding the status of its GMP mescaline synthesis program. To hear the audio production, investors can visit: https://www.nnw.fm/GFUhh Proactive mining analyst Ryan D. Long has caught up with New Pacific Metals Corp’s CEO, Mark Cruise to discuss the company's Silver Sand project in Bolivia and the impressive pace of development of the project. Investors can read the article via the following link: https://ca.proactiveinvestors.com/companies/news/952361/new-pacific-metals-corp-40000m-plus-drill-program-planned-for-2021-952361 Helix BioPharma Corp (TSE:HBP) (OTCMKTS:HBPCF) (FRA:HBP) told investors that it spent around C$1.9 million on research and development (R&D) costs in its fiscal third quarter to April 30, 2021 as the biopharma continues to develop drugs to treat cancer using immuno-oncology. The company has developed an immune-oncology drug platform (DOS47) to treat cancer, which is designed to turn the tumor's environment to alkaline from acid, which, in turn, corrects an impaired immune system. R&D costs for the three months to April 30 were C$1.933 million, up from C$1.523 million in the same period a year earlier, the company said, as it reported three and nine-month figures. WeedMD Inc (CVE:WMD) (OTCQX:WDDMF) (FRA:4WE) said it has closed a deal to sell all the shares of its subsidiary’s operating entity, Starseed Medicinal Inc, in a move that will help it streamline its operations and reduce debt. The company, a federally licensed producer and distributor of medical-grade cannabis, is selling the shares to Final Bell Canada Inc for C$2.5 million in cash. Net proceeds of the sale will primarily be used to pay down debt. The disposal follows the its recent proposed acquisition of CannTx Life Sciences Inc in return for WeedMD stock. Tocvan Ventures Corp (CSE:TOC) (FRA:TV3) reported promising results for the next four drill holes from the Phase II drill program at its flagship Pilar gold-silver project in Sonora, Mexico.  The Calgary, Alberta-based exploration development company has a Phase II drill program currently in progress with 3,500 meters (m) of reverse circulation (RC) drilling in 20 drill holes. The company highlighted results from four drill holes, which showed that drill hole JES-21-43 returned 35.1m at 0.66 grams per tonne (g/t) gold and 6 g/t silver (0.72 g/t gold equivalent) from 97.6 to 132.7m. Victory Resources Corporation (CSE:VR) (OTCMKTS:VRCFF) (FRA:VR62) announced that it has launched an extensive geological sampling program on its recently acquired Smokey Lithium property in Esmeralda County, Nevada. The Vancouver-based junior international mining corporation said a team of two geologists has begun “an extensive two-week sampling project” on the Smokey Lithium property. The goal of the project is to sample the claystones using Laser-Induced Breakdown Spectroscopy (LIBS) analyzers, as well as collecting verification samples for submission for lab analysis. INDVR Brands Inc (CSE:IDVR) (OTCMKTS:CAAOF) (FRA:3YX) announced the appointment of Hugh Hempel as the company’s new president and chief operating officer (COO) after completing its previously-announced acquisitions of Nevada-based Strainz Inc and Colorado-based Bronnor, Corp through its wholly-owned INDVR Brands US subsidiary. The acquisitions will provide INDVR with one of the largest GMP-compliant cannabis processing and manufacturing facilities in Colorado, plus four high-profile THC and CBD brands.  Talon Metals Corp (TSE:TLO) (OTCMKTS:TLOFF) (FRA:TAO) has continued a string of positive exploration results from its Tamarack nickel project in Minnesota, with a new round of drill assays that extended the thick nickel-copper mineralization beyond the current resource area. Two new holes that were drilled as 49 and 25 metre step-outs northeast from the northern portion of the resource area intersected 108.81 metres and 87.35 metres of nickel-copper mineralization, the company reported. Talon told shareholders that one of its “key catalysts for value creation” in 2021 is growing Tamarack’s resource to the north in an attempt to shorten the timeline to production. Biocept Inc (NASDAQ:BIOC) (FRA:B003) revealed to investors that it has received more than 420,000 samples for coronavirus testing since launching the service in June 2020. The samples are processed using Biocept’s RT-PCR-based technology at its CLIA-certified, CAP-accredited, high-complexity molecular laboratory in San Diego. "COVID-19 testing has driven Biocept’s positive financial performance over the past several quarters, which in turn has supported further investment in our core oncology business for our long-term success," COO Tim Kennedy said in a statement. "In addition to dramatic increases in revenue, we have reduced expenses related to COVID-19 testing. When we began offering this service a year ago, the components for assembling COVID-19 sample collection kits were in high demand and premium-priced ... we are now able to procure kits and tubes at a price that’s below the cost of producing them ourselves." Silvercorp Metals Inc (TSE:SVM) (NYSEAMERICAN:SVM) said it intersected gold and silver during an exploration program at the HPG mine in China’s Henan Province. The program which is ongoing consisted of extensive exploration drilling and tunneling. In addition to the HPG mine, the polymetallic producer also has several other projects inside the Ying silver, lead, zinc property in the Henan Province, including the SGX, HZG, TLP, LME and LMW underground mines. The company said that between November 1, 2020, and May 31, 2021, it completed 23,977 meters (m) via a total of 133 diamond drill holes, including 66 underground holes and 67 surface holes at the HPG mine. Namaste Technologies Inc (CVE:N) (OTCMKTS:NXTTF) (FRA:M5BQ) said it has added more than 550 new stock-keeping units (SKUs) to its CannMart, cannabis and wellness marketplace platform over the past three months. On CannMart.com, Namaste offers Canadian medical customers with an array of hand-picked products from a variety of federally licensed cultivators. The company also services the US market with access to hemp-derived CBD and smoking accessories. Some of the new products offered to Canadians include: Bello Vapor Tap, Emprise, Heritage Cannabis, Kalaya, KUSHKRAFT and Lumiera Health’s Awaye. Aurania Resources Ltd (CVE:ARU) (OTCQB:AUIAF) (FRA:20Q) reported that drilling has intersected sediment-hosted copper mineralization at Tsenken N1 in its Lost Cities-Cutucu Project in southeastern Ecuador. As a result, the company said drilling will continue at the Tsenken N1 target and the second rig is being moved to the Tiria-Shimpia target area. "We believe that Tiria-Shimpia forms part of the same mineralized system as the sediment-hosted copper at Tsenken, and if we are correct, we have an enormous mineralized system on our hands - one that extends over some 45 kilometres,” said CEO Dr Keith Barron in a statement.  LeanLife Health Inc (CSE:LLP) (OTCQB:LNLHF) (FRA:LL1) announced that it has hired capital markets expert Daniel Cruz, a veteran of the beverage industry, as a financial advisor. Cruz will lead the company’s financing and financial planning, as well as treasury and debt management as it moves forward with its branded energy drinks and Omega-3 products. Cruz has a background working with beverage companies, including Russell Breweries, which went public on the Canadian Securities Exchange in 2005. He also worked closely with Russell Beer, raising funds for the company over a ten-year period. Russel Beer collaborated with the Canadian Football league and athletes of the BC Lions to launch Lions Lager.  New Pacific Metals Corp. (TSX:NUAG) (NYSEAMERICAN:NEWP) said its Bolivian joint venture partner has received the exploration licenses and environmental permits required to commence multi-disciplinary exploration activities at its Carangas silver project in Bolivia. The Phase I drill program at the project is expected to commence shortly after the company received exploration licenses, environmental permits, and community approvals for exploration at the project, which is situated in Bolivia’s Oruro Department. Carangas is one of two regional exploration initiatives New Pacific is exploring in Bolivia in addition to its flagship Silver Sand project. The other is the Silverstrike project. New Pacific recently said the acquisition of Carangas cemented its first-mover status in an under-explored silver district. Plurilock Security Inc. (CVE:PLUR) (OTCQB:PLCKF) said it has received an order from a California state healthcare agency worth US$400,000 as it adds to growing contracts from state agencies. Under the order, which it secured as an authorized vendor in the NASPO ValuePoint program, Plurilock will provide the US state agency with Broadcom licenses and maintenance support. The contract win is the latest in the company’s ongoing effort to expand within the healthcare and government verticals. Ridgeline Minerals Corp (CVE:RDG) (OTCQB:RDGMF) (FRA:0GC0) has reported encouraging drill results from its Selena oxide silver-gold project in Nevada, which confirmed the property's high-grade silver potential, and also revealed that it had kicked off first phase metallurgy.  The company reported assays from the first four of 14 holes from its recently completed 3,445 meters (m) Phase IV drill program. The holes were focused on infill drilling within the 2020 mineralized footprint and highlight results included an intercept of 10.7m grading 194 grams per ton (g/t) silver, 0.3 g/t gold, 2% lead, 1.7% zinc starting at a depth of 191m in one hole. Also hit was 13.7m grading 221.1 g/t silver, 0.1 g/t gold, 2.2% lead and 0.5% zinc starting at 249m depth in another hole. American Resources Corporation (NASDAQ:AREC) has announced the continued development of its supply chain for waste permanent magnets and lithium-ion batteries that can be recycled for their inherent critical and rare earth minerals. The company said it has recently picked up its first waste wind turbine motors and generators to be processed and recycled using its environmentally safe ligand-assisted displacement (LAD) chromatography purification technology in conjunction with its sponsored research partnership with Purdue University. CEO Mark Jensen noted that the US is “in the infancy of an electrification boom” with the growth of electric vehicles, wind turbines, and other high-heat-based electric motors or generators.  Co-Diagnostics, Inc. (NASDAQ:CODX) said it will be presenting virtually this week at the 28th International Biodetection Technologies Conference, as well as hosting a virtual booth at the 65th Annual Caribbean Public Health Agency (CARPHA) Health Research Conference. The International Biodetection Technologies Conference is being held on June 18, 2021. Co-Diagnostics’ presentation at 12.30pm ET will include a discussion of its point-of-care and at-home rapid PCR diagnostics platform currently in development, as the platform relates to supporting sample-to-result coronavirus (COVID-19) testing initiatives at the places where interactions take place to help normalize work, school, home and travel routines. The theme for the 2021 virtual CARPHA Health Research Conference, being held June 16-19, 2021, is 'Pandemic, NCDs and Climate Change: The Caribbean’s Triple Threat.'  Medallion Resources Ltd. (CVE:MD) (OTCQB: MLLOF) (FRA:MRDN) has informed shareholders that Don Lay, a director, VP Corporate Development and former CEO of the company, passed away unexpectedly this weekend. It noted that Lay was a strong voice in the industry and CEO of Medallion from 2014 until May 2020. Rod McKeen, chairman of the Medallion board, commented: “It is with tremendous sadness that we share the passing of our colleague and friend Don Lay. Don was the strength and drive behind Medallion for many years, and laid the groundwork for the Company. He will be greatly missed.” The company said its board would like to extend their sincerest condolences to Lay’s family at this difficult time. Aurion Resources Ltd (CVE:AU) said it now owns or has control of 6,833,334 shares of Strategic Resources Inc. (CVE:SR), or approximately 16.05%  of the current issued and outstanding shares having received 1,916,667 common shares of Strategic as a property option agreement payment for the Silasselka vanadium project located in northern Finland. Immediately prior to the transaction, Aurion held 4,916,667 shares, representing approximately 12.1% of the issued and outstanding shares of Strategic. Aurion said it may dispose of existing securities of Strategic, in the market or privately, from time to time as circumstances warrant. The securities are held directly and not through control of another entity. BetterLife Pharma Inc. (CSE:BETR) (OTCQB:BETRF) (FRA:NPAU) has announced that Ahmad Doroudian, its chief executive officer, will be presenting at the H.C. Wainwright Psychedelics in Psychiatry and Beyond Virtual Conference on June 17, 2021. The conference will be held virtually and Dr Doroudian will provide details of the company’s product development and pipeline. BetterLife’s presentation will be available to access on-demand beginning at 7.00am EDT, with registration via the following link: https://hcwevents.com/psychedelics/ Revive Therapeutics Ltd. (CSE:RVV) (OTCMKTS: RVVTF) (FRA:31R) has announced that Derrick Welsh, COO of Psilocin Pharma Corp., a division of the company, will be presenting at the H.C. Wainwright Psychedelics in Psychiatry and Beyond Virtual Conference on June 17, 2021. The corporate presentation will be available on-demand starting at 7.00am ET. For more information about this event and to attend, investors can visit: https://hcwevents.com/psychedelics/. OTC Markets Group Inc. (OTCQX:OTCM), the operator of financial markets for 11,000 US and global securities, has announced that Freegold Ventures Limited (TSX:FVL) (OTCQX:FGOVF), a company focused on exploration in Alaska, has qualified to trade on the OTCQX Best Market and has today upgraded to 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. "Freegold welcomes the accessibility and exposure the OTCQX Market offers to our investors based in the United States and the high standards it demands. We look forward to our increased investment exposure as we continue to develop and advance our projects," said Kristina Walcott, president and CEO of Freegold Ventures Limited. OTC Markets Group Inc. (OTCQX:OTCM), the operator of financial markets for 11,000 US and global securities, has announced that Euro Manganese Inc. (CVE:EMN) (ASX:EMN) (OTCQX:EUMNF), a battery materials company, has qualified to trade on the OTCQX Best Market and has upgraded today to 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. "Over the past eight months we have witnessed a transformation in the global automotive industry, as carmakers accelerate their transition to battery electric vehicles," said Euro Manganese CEO, Marco Romero. "Without raw materials, there are no batteries. High-purity manganese is an essential battery metal. By joining the OTCQX, we are making it easier for US investors to gain exposure to this growing sector, enabling them to more easily trade in our shares."

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