NA Proactive news snapshot: Falcon Gold, New Oroperu, The Good Shroom, GreenBank Capital, Ridgeline Minerals UPDATE …

Falcon Gold Corp (CVE:FG) (OTCPINK:FGLDF) (FRA:3FA) announced it has arranged a C$180,000 financing by way of a non-brokered private placement of units. Each unit is priced at $0.12 and will consist of one Falcon common share plus one non-transferable warrant. Each warrant will entitle the holder to purchase a new common share at a price of $0.20 for a 36-month term following the acceptance date. A finder's fee may be payable in connection with the offering in accordance with the policies of the TSX Venture Exchange. The private placement offering is subject to TSX Venture Exchange approval. New Oroperu Resources Inc (CVE:ORO) (OTCMKTS:NOPUF) (FRA:OE6) has struck a business combination with capital pool company First Light Capital Corp (CVE: XYZ.P), which will see the creation of new Americas-focused gold company called Anacortes Mining Corp. First Light will change its name to Anacortes Mining, a company, which aims to continue to advance New Oroperu's Tres Cruces project in Peru - one of the highest-grade gold oxide deposit in the world, with 2.474 million ounces of oxide plus sulphide gold at a grade of 1.65 grams per ton (g/t). Experienced engineer Jim Currie, the CEO of First Light, will lead Anacortes as its new CEO and president. The board of both New Oroperu and First Light believe the transaction, which will be carried out via a plan of arrangement, is in their best interests and recommend that their respective security holders vote in favour. The Good Shroom Co Inc (CVE:MUSH) announced that its subsidiary, Teonan Biomedical Inc, has received Health Canada (HC) authorization to sell and distribute its Velada brand cannabis-infused beverages made from functional mushroom extracts, the first such beverage line in the country. Teonan holds an HC micro-processing license, which allows it to manufacture and develop topicals, extracts and edible cannabis products, including beverages. Before sales of the Velada beverages could commence, Teonan was required to demonstrate that its finished products and quality control procedures complied with HC's strict guidelines, the company said. GreenBank Capital Inc (CSEGBC) (OTCPINK:GRNBF) (FRA:2TL) has announced that The Substantia Group, a subsidiary of GreenBank portfolio company Staminier Ltd, has reached a multiphase deal to build a carbon-neutral development in a UK town. Phase one of the plan is to agree, with both local and national governments, on which of three possible areas to build 3,500 residential units, a university, retail and hospitality units (including hotels, restaurants and bars), along with supporting transport and infrastructure modernization. The idea is to include a mixture of facets that are attractive to people in the local community, as well as buyers and visitors from elsewhere. Substantia hopes it will be seen as a major contribution to the UK's "Global Britain" objectives, as well as the goals of the Thames Estuary Growth Board, which describes the region as the UK's number one growth opportunity. Ridgeline Minerals Corp (CVE:RDG) (OTCQB:RDGMF) (FRA:0GC0) announced that its Phase 2 drill program has begun at the company’s Carlin-East gold project in Nevada. The company said the 3,000-meter (m) drill program will consist of three deep core holes targeting prospective Lower Plate carbonate host rocks of the Popovich and Bootstrap formations at the company's Crash Zone target. “Our team has spent two years building out the geologic model at Carlin-East with the Crash Zone representing the highest potential target across the property,” Ridgeline Minerals vice president of Exploration Mike Harp said in a statement. Braxia Scientific Corp (CSE:BRAX) (OTCMKTS:BRAXF) (FRA:496) is set to start the largest registered trial of ketamine treatment for depression with funding from the Canadian government. The psychedelic medicine company announced it was awarded funding from the Canadian Institute of Health Research (CIHR), part of the Government of Canada, to support the clinical trial for bipolar depression. The fully-funded, multi-site clinical trial is the largest registered study of its kind in the world, Braxia said. Lucky Minerals Inc (CVE:LKY) (OTCMKTS:LKMNF) (FRA:LKY) said it has received sample assay results from its ongoing work at the Wayka epithermal gold discovery at the Fortuna property in southern Ecuador. The gold explorer’s flagship asset, Fortuna consists of approximately 55,000 hectares containing 12 contiguous exploration concessions, including the Wayka gold discovery. Recent analyses of rock samples taken from the southern zone of Wayka outlined an area of advanced argillic alteration with outcrops of vuggy silica that measures approximately 800 meters by 1,000 meters and remains open to the south. Loncor Gold Inc (TSE:LN) (OTCQX:LONCF) (FRA:LO51) said it has been awarded a contract to South Africa-based SENET to complete a preliminary economic assessment on the Adumbi gold deposit. Minecon Resources and Services Limited will assist with the geological, mineral resource, mining and environmental studies, including mining capital and operating costs. Located on Loncor’s flagship Imbo project in the Democratic Republic of Congo, Adumbi boasts an inferred resource of 41.32 million tons grading 2.37 grams per ton (g/t) for 3.15 million ounces of gold. Pacific Empire Minerals Corp (CVE:PEMC) (OTCQB:PEMSF) said it has staked an additional 5,253 hectares to significantly expand its flagship Jean Marie project in central British Columbia. The copper explorer’s expansion effort covers prospective buried intrusions, contacts, and structures that were identified in regional magnetic survey data. The polymetallic Jean Marie is a copper, gold, silver and molybdenum porphyry project located 50 kilometers west of Centerra Gold’s (TSE:CG) Mt Milligan copper-gold mine.   Green Battery Minerals Inc (CVE:GEM) (FRA:BK2P) (OTCMKTS:GBMIF) said it has completed the design of a drill program of up to 6,000 meters (m) on its road accessible Berkwood Graphite Project in northern Quebec and that permitting is underway. The company said its board and technical advisors designed the drill program with assistance from Longford Exploration to help coordinate the fieldwork and synchronize the program, as they have done so successfully in all previous programs. GGX Gold Corp (CVE:GGX) (OTCQB:GGXXF) (FRA:3SR2) reported the receipt of positive silver and tellurium assay results from a 2020 diamond drill program at the Perky and COD veins on the Gold Drop property. The project is located in the Greenwood Mining Camp in south-central British Columbia, a historically plentiful area that has past-produced 1.4 million ounces of gold, 10 million ounces of silver and 700 million pounds of copper. GGX Gold’s recent assay results cover the entire COD and Perky vein area that was drilled in 2020. The gold assay results for the same zones were previously published in April 2021. Hannan Metals Limited (CVE:HAN) (OTCPINK:HANNF) (FRA:C8MQ) said that ongoing soil sampling at its Tabalosos East prospect in Peru has shown copper-silver mineralization over a large area, namely 18 kilometres (km) of combined strike, within a 6km by 2km area. The Tabalosos project is part of the company's huge land package under its San Martin joint venture with Japan Oil, Gas and Metals National Corporation (JOGMEC). A total of 1,211 soil samples (of a 2,500 program) have been taken from across the densely vegetated area so far. Sampling will continue for another two months. Gevo, Inc. (NASDAQ:GEVO) has announced the appointment of Kimberly Bowron as its Chief Human Resources Officer.  The company noted that Bowron has served over 20 years in senior management roles in the chemicals, utilities infrastructure, and IT industries. Most recently, she was the Director of Human Resources at TPC Group and previously the VP of Human Resources at Heath Consultants, where she led all aspects of human resources and training. Psyence Group Inc (CSE:PSYG) announced it has struck a multi-year collaboration agreement with the Jamaican government’s Scientific Research Council that sets the stage for psilocybin product development. According to Toronto-based Psyence Group’s Chief Scientific Officer Justin Grant, the agreement “sets the path forward for Psyence’s observational trials, to be followed by more rigorous clinical trials.” The collaboration will consist of three main initiatives: developing psilocybin-based nutraceuticals; identifying and collecting Jamaica’s psychedelic and psychoactive mushrooms, and sorting protocols to optimize spawn production of rare psychedelic mushroom species for up to three years.  Else Nutrition Holdings Inc (CVE:BABY) (OTCMTKS:BABYF) (FRA:0YL) announced the launch of two new plant-based protein shake products for kids. The plant-based protein shakes, suitable for children three years of age and older, is the second product line introduced by ELSE following its original toddler plant-based nutrition formula. “Getting kids to eat foods that benefit their growth is hard enough, let alone having to deal with food allergies, milk intolerance-and trying to lead a clean, natural lifestyle,” Else Nutrition Holdings CEO Hamutal Yitzhak said in a statement.  Lingo Media Corporation (CVE:LM) (OTCMKTS:LMDCF) (FRA:LIMA) said its subsidiary Everybody Loves Languages has released Ola, a mobile app developed to help English-language learners perfect their speaking skills.  Ola will be offered to all English students enrolled with Everybody Loves Languages, providing more than 200 hours of speaking practice.  The technology uses one of the largest digital content libraries in the world to deliver effective and practical learning exercises for users on the go. Integrated speech recognition technology allows students to analyze pronunciation and simulate real-life conversation scenarios with characters modeled using audio from native English speakers. C3 Metals Inc (CVE:CCCM) (OTCMKTS:CARCF), formerly Carube Copper, told investors it will conduct geophysics at its flagship Jasperoide project to guide deeper drilling at the Peru property, where it believes there could be a copper porphyry. "Historically, Jasperoide was known only for near-surface oxide mineralization; however, recent intersections of copper sulphides in drilling below the oxide profile are supporting our interpretation that there will be deeper primary sulphide mineralization," said CEO Kevin Tomlinson. "We will use the new magnetic, radiometric and IP surveys to refine drilling for a feeder porphyry and to identify associated stacked skarn horizons," he added. Revive Therapeutics Ltd (CSE:RVV) (OTCMKTS:RVVTF) (FRA:31R) is partnering with the University of Health Sciences Antigua (UHSA) to collaborate on utilizing the company’s novel psychedelic-assisted therapies and pioneering the clinical research and development of psychedelics in Antigua and Barbuda. “We are excited to partner with UHSA as the relationship complements and accelerates our research and commercial goals with psychedelics and advances our patented drug delivery technology to deliver psychedelics in an oral thin film patch and topical forms in human clinical studies to support regulatory approvals globally,” said Derrick Welsh, COO of Psilocin Pharma, a division of Revive.  Whitehorse Gold Corp (CVE:WHG) (OTCMKTS:WHGDF) has implemented a core environmental, social, and corporate governance (ESG) initiative as part of the company’s commitment to discover and develop resources in a sustainable manner at the Skukum gold project in Canada’s Yukon. The ESG efforts will include the employment of neighboring Carcross/Tagish First Nations (C/TFN) people directly by Whitehorse and through affiliated service providers. Additionally, there are plans for the commencement of best practice environmental baseline programs. The precious metals company is working with MGRID Energy, a C/TFN member-owned company, to implement a solar power initiative at the Skukum gold project's 50-persons camp. Algernon Pharmaceuticals Inc (CSE:AGN) (FRA:AGW) (OTCQB:AGNPF) has announced that all of the required permits and licenses for the manufacture of its AP-188 (N, N-Dimethyltryptamine or DMT) have been received. As a result, the company said it is targeting its Phase 1 human study to be conducted at Hammersmith Medicines Research in the UK in the fourth quarter of 2021. Algernon said it awarded the contract to manufacture the active pharmaceutical ingredient and finished product for its formulation of DMT to Canada-based Dalton Pharma Services. Victory Square Technologies Inc's (CSE:VST) (OTCMKTS:VSQTF) (FRA:6F6) portfolio company GameOn Entertainment Technologies Inc (CSE:GET) (FRA:9E7) has announced an exclusive partnership with Indian video streaming app MX Player that will introduce cricket prediction games for mobile. The free games will be available to MX Player’s large and diverse user base for domestic and international cricket events, tournaments and leagues, the company said. Kodiak Copper Corp (CVE:KDK) announced it has mobilized a second drill rig to its 100% owned MPD copper-gold porphyry project in British Columbia, where the company is carrying out a fully-funded drill program of up to 30,000 metres in 2021. The company said this year’s drilling is focused on extending the Gate Zone, where Kodiak made a high-grade copper-gold discovery at the northern end of a one kilometer long soil anomaly. “It is a truly exciting time for Kodiak as we follow up on our transformative Gate Zone discovery with a fully funded, significantly larger drill program,” Kodiak Copper CEO Claudia Tornquist said in a statement. Fobi AI Inc (CVE:FOBI) (OTCQB:FOBIF) has announced the appointment of Jolie Summers as its VP of product, effective June 21. Summers has more than a decade of experience as a leader, coach and program director, including stops at global enterprise companies such as Lululemon, Aritzia Inc (TSE: ATZ) (OTCMKTS:ATZAF) and NTT Data Corp, a global innovator of IT and business services operating in more than 50 countries. “Jolie’s wealth of experience working with large global organizations is a testament to Fobi’s position as a leading tech company,” CEO Rob Anson said in a statement. “The continued growth of our team at Fobi gives us great confidence in the future of our products and services and the exceptional standards we deliver.” KULR Technology Group Inc (NYSEAMERICAN:KULR), a leading developer of next-generation lithium-ion battery safety and thermal management technologies, announced that it has received a special permit from the US Department of Transportation (DoT) authorizing the transport of prototype lithium cells and batteries aboard cargo aircraft. The San Diego, California-based advanced technology company said the permit, issued as DOT-SP 21167, was granted on June 14, 2021. "When transporting prototype batteries aboard cargo aircraft, it is critical to ensure the highest level of safety," said KULR President and COO Keith Cochran in a statement. GameSquare Esports Inc (CSE:GSQ) (FRA:29Q1) announced that The Drew League’s creative content agency Crossovr Collective has brought in partners GameSquare and its wholly-owned subsidiary, Gaming Community Network (GCN), to broaden The Drew’s visibility and engagement opportunities globally. Since 1973, The Drew League has served as a pro-amateur basketball league held every summer in Los Angeles, California. It has showcased some of the sport’s greatest talent and has grown in popularity over the years with NBA basketball players regularly participating in its games. Through the partnership, Crossovr and GCN, a digital media company focusing on the gaming and esports audience, plan to boost The Drew’s fan engagement not only through live event viewership, but also with The Drew fans on various platforms across social media. Exro Technologies Inc (CSE:XRO) (OTCQB:EXROF), which has developed a new class of power electronics for powertrains, has announced a strategic development agreement with Linamar Corporation, a global powerhouse in automobile parts manufacturing, to develop an advanced electric drive solution for electric vehicles. Linamar is a tier one manufacturer of advanced mobility solutions for the automotive industry. Calgary-based clean technology company Exro and Linamar have agreed to develop an advanced eAxle utilizing Coil Driver technology to improve cost and performance of Linamar's eAxle product line. An eAxle is an integrated electric drive solution for battery electric vehicles (BEV) or fuel cell electric vehicles (FCEV). The integrated solution provides better manufacturing cost and more efficient volume usage, without sacrificing key performance capabilities. Aftermath Silver Ltd. (CVE:AAG) (OTCQX:AAGFF) said that it has appointed Michael Parker as a director of the company, effective immediately. A geologist by training, the company noted that Parker has extensive experience in mining exploration and project development, having overseen projects from their discovery through construction to production - including 2 years as manager of the Lonshi open-pit copper mine in the Democratic Republic of Congo (DRC). In a twenty-year career with First Quantum Minerals (FQM), he held progressively senior Country Manager positions, and was instrumental in two major copper discoveries for FQM; the Lonshi and Frontier mines. Metalla Royalty & Streaming Ltd (CVE:MTA) (NYSEAMERICAN:MTA) (FRA:X9C) revealed that it has bought an existing 1.35% net smelter return (NSR) royalty on part of the Côté gold project in Ontario, where construction of a US$1.3 billion mine started late last year. Côté is owned by Canadian mining major IAMGOLD Corp. and Fortune 500 trading giant Sumitomo and the royalty was bought for C$7.5 million in cash from arm's length sellers. The project is set to become one of Canada's largest gold mines with expected annual output of 493,000 ounces and total cash costs of US$600 per ounce in the first five years. Atlas Engineered Products Ltd. (CVE:AEP) (OTCMKTS:APEUF) has provided an update on the company's organic growth initiatives at its newest acquisition, Novum Building Components location, in Abbotsford, British Columbia (BC). The company said it has been working hard to continue its integration at Novum and is excited to move forward with its growth initiatives by adding Engineered Wood Products (EWP) to the products available at the location. EWP includes i-joists, laminated beams, architectural glulams, and numerous other products. Atlas Engineered said this product expansion allows Novum to satisfy a wider range of construction needs for customers without requiring them to shop around for multiple different suppliers. Neo Lithium Corp (CVE:NLC) (OTCQX:NTTHF) (FRA:NE2) reached another milestone with its flagship 3Q project in Argentina, saying its pilot plant had produced the highest battery-grade lithium carbonate so far, at 99.9% purity. Such purity is acceptable by the firm's partner and one of the world's largest electric vehicle (EV) battery markers, Contemporary Amperex Technology Co. Limited (CATL) for its lithium iron phosphate (LFP) batteries. The company said it would now convert its pilot plant, which produced its first batch of lithium carbonate with 99.1% purity in late 2019, from 'batch' mode into continuous mode so it can produce large samples for specification certification. Samples have already been sent to CATL in China for their own chemical analysis. LexaGene Holdings Inc (OTCQB:LXXGF) (CVE:LXG) (FRA:5XS2) has announced that CEO Dr Jack Regan will present at the Biothreat and Pathogen Detection Conference regarding MiQLab system’s ability to detect the pathogen that causes plague. The company noted that plague is arguably the deadliest pathogen of all time and it is classified by the government as a Category A Bioterrorism agent. To demonstrate MiQLab’s capabilities for biothreat agent detection, LexaGene said it developed a plague test and completed an analytical evaluation with contrived samples.  American Battery Metals Corporation (OTCQB:ABML), which is in the process of changing its name to American Battery Technology Company (ABTC), said it has received unanimous approval from the Fernley City Council for a Conditional Use Permit (CUP) regarding a forthcoming lithium-ion battery recycling plant. This latest endorsement takes the company one step closer toward permitting and constructing its first-of-its-kind lithium-ion battery recycling pilot plant in Fernley, Nevada. Earlier this month, the CUP was unanimously approved by the City of Fernley Planning Commission. “The Fernley City Council's adoption of the Conditional Use Permit advances our progress towards constructing our trailblazing lithium battery recycling pilot plant," said American Battery Technology chief executive officer Doug Cole in a statement. "An industry game-changer, the pilot plant will bolster Fernley's economy, create new jobs and deliver a sustainable solution to enhance and secure a domestic supply of battery metals." Adcore Inc. (TSX:ADCO) (FRA:ADQ) said it has closed its previously announced marketed offering of units of the company.  The company issued 3,100,000 Units at $1.33 per unit for gross proceeds of $4,123,000. Each unit consists of one common share of the company and one-half of one common share purchase warrant. Each Warrant is exercisable into one common share for a period of 24 months from the closing of the offering at an exercise price of $1.80, subject to adjustment in certain events. The company has said it expects to use the net proceeds from the offering for sales and marketing, research and development and general corporate purposes. The company has also granted the underwriters an over-allotment option to cover over-allotments and for market stabilization purposes, exercisable at any time up to 30 days subsequent to the closing of the offering, to purchase up to an additional 465,000 Units on the same terms and conditions of the offering, for additional gross proceeds of up to $618,450. Deep-South Resources Inc. (CVE:DSM) said it has received notice from the Ministry of Mines and Energy of Namibia informing the company that its application for the renewal of its Exclusive Prospecting Licence 3140 has been denied citing the company’s inability to advance the licence to Pre-Feasibility and complete the proposed drilling program as planned. Deep South said it has requested an urgent meeting with the Minister to review and reverse the decision which it is convinced it is a misunderstanding. It noted that the minister has accepted a meeting to discuss the matter and the meeting should take place early next week. Pierre Léveillé, president & CEO of Deep-South commented: "In the context that the Company is well funded and moving ahead with a large development program, the decision of the Minister is surprising and certainly not in the best interest of the development of the mineral resources of Namibia. We believe that a meeting with the Minister will remove any possible misunderstanding and the situation will be rectified in the shortest time frame possible. We are hopeful that our efforts to meet with the Minister will reach a positive outcome.” Camino Corp. (CVE:COR) (OTCPINK:CAMZF) announced that it has retained services of GOLDINVEST Consulting GmbH, Mezzo Consulting Services S.A., Proactiveinvestors North America Inc,, and GoldStockTrades.com to build awareness and provide marketing and communication services for the company to enhance its current efforts. "Copper is the enabling metal for global electrification and Camino has assembled new discovery copper assets in Peru, the world's second-largest producer. We have developed a corporate strategy that, we believe, can attract a much larger audience and investor base." said Jay Chmelauskas, president and CEO of Camino Corp. "We will continue updating our investors on the progress of exploration campaigns at Los Chapitos and Maria Cecilia in 2021. We also plan to educate investors about our ESG initiatives, exploration and development activities, and the macro supply/demand dynamics of a forecasted global copper deficit. Our comprehensive marketing campaign is designed to grow our investor base as we grow our copper asset base and build long term value in the sector." MedX Health Corp (CVE:MDX) said the TSX Venture Exchange has accepted for filing documentation with respect to its non-brokered private placement announced on May 14, 2021, which will see the issue of 5,592,221 common shares at a purchase price of 18 cents each together with 5,592,221 share purchase warrants at an exercise price of 25 cents for a two-year period with 6 placees. Xigem Technologies Corporation (CSE:XIGM) (FRA:2C1) said it has retained the services of investor relations and communications firms to provide services for the Company. The IR Parties are arms-length to the company. Vancouver-based Whoa Is Media Inc., dba SmallCap Communications, is providing social media and communications services to the Company for an indefinite term, for a one-time fee of US$30,000. JBN Partners, LLC, based in South Carolina, is providing investor relations and corporate financial public relations services for an initial term of six months, for a fee of US$100,000. The contract may be renewed for additional six-month terms by agreement of the parties. Xigem also announced the cancellation of 200,000 warrants to purchase common shares of the company, the issuance of which was previously announced on June 2, 2021. Xigem further advised that the finder warrants, issued in conjunction with the private placement that was announced on June 2, 2021, were common share purchase warrants. Numinus Wellness Inc (CVE:NUMI) said that it has met the requirements for a Tier 1 company and therefore, effective at the market open, Friday, June 18, 2021, the company's tier classification will change from Tier 2 to Tier 1 -- industrial issuer. Vuzix Corporation (NASDAQ:VUZI), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, has said it will hold its annual shareholders meeting Thursday, June 17, 2021. at 11.00am Eastern Time via the following online link: www.virtualshareholdermeeting.com/VUZI2021. Participants are encouraged to log in 10-15 minutes prior to the start of the meeting. Only validated stockholders or proxyholders will be able to submit questions or comments via the meeting's web portal.   Soma Gold Corp. (CVE:SOMA) (OTCMKTS:SMAGF) has announced that its executive chairman, Geoffrey Hampson and president and CEO, Javier Cordova, will speak about Soma's June 2021 presentation including updates on recent drilling results, construction progress and upcoming milestones on Wednesday, June 30th, 2021, at 11am EST. Investors can register for the webinar via the following link: http://bit.ly/RegisterSoma. Management will be available to answer any questions following the presentation on the webinar platform. Questions may also be submitted beforehand via email to soma@rbmilestone.com OTC Markets Group Inc. (OTCQX:OTCM), the operator of financial markets for 11,000 US and global securities, today announced Surge Copper Corp. (CVE:SURG) (OTCQX:SRGXF), a company progressing advanced stage copper projects in central BC through exploration and development, has qualified to trade on the OTCQX Best Market and 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. Leif Nilsson, chief executive officer of Surge, commented: "We are rapidly advancing what we believe are some of the most exciting copper opportunities in British Columbia, Canada. Part of our mission is to continually strengthen our shareholder base and trading liquidity. Providing quotation of Surge Copper's shares on the OTCQX Best Market provides clear advantages to our US shareholder base, and will help us achieve this mission."