A look at a few of the day’s highlights from the Proactive Traders US and Canada newswires
Canada Silver Cobalt Works Inc () (OTCMKTS:CCWOF), which is concentrated on the Cobalt Camp within the Gowganda district of Ontario, has introduced a key step ahead in its battery metals manufacturing goals, particularly hanging a cope with advisor SGS Canada Inc to construct a Re-2OX pilot plant. Put merely, Canada Silver Cobalt Work’s Re-2OX is a proprietary expertise designed to effectively extract cobalt and produce cobalt sulphate to specs required by battery sector end-users. At present’s settlement means SGS will perform optimization checks and design and construct the Stage 1 pilot plant at Lakefield, Ontario.
Corp () introduced that one in every of its early buyers, Iconic Holdings, LLC, has agreed to transform all of its $1.3 million convertible debt, together with principal and accrued curiosity, into 13.5 million HealthLynked frequent shares. The corporate mentioned this won’t solely get rid of the curiosity funds however can even permit HealthLynked to acquire a financial institution line of credit score at present low rates of interest.
Ltd () () introduced that it has exercised its proper to speed up the expiry date of voting share buy warrants issued to individuals within the firm’s personal placement that closed in Might 2020. Administration mentioned it expects redemptions of the warrants to consequence within the issuance of 851,053 further voting shares and money proceeds to the corporate of C$110,636.89.
DGTL Holdings Inc () () (FRA:A2QB0L) has introduced a personal placement on Friday for the second week in a row. This placement, price C$1 million, is supposed to accommodate subscribers that have been unable to take part within the beforehand introduced providing. On January 8, the corporate introduced the closing of an C$883,615 placement, the second tranche of a bigger providing. This time round, the corporate plans to subject as much as roughly 2.7 million shares at a worth of C$0.44 per share.
NexTech AR Options Corp () () (FRA:N29) reported that it has signed a renewal settlement with valued at $470,000 initially for a six-month time period. The corporate famous, nevertheless, that there’s potential for added income after the six months. “With these bigger contracts renewing and our new give attention to annual or multi-year enterprise gross sales, we’re on the trail to our said aim of $50 million to $60 million in income for 2021,” NexTech AR Options CEO Evan Gappelberg mentioned in a press release.
Codebase Ventures Inc () (FRA:C5B) (), a tech-centric funding firm, revealed on Friday that it has inked a $2.5 million definitive settlement to accumulate bit mining infrastructure within the US for long-term income era. “Cryptocurrencies, together with Bitcoin, have risen sharply in the previous couple of months, and Codebase believes there may be nonetheless long-term potential, as evidenced by means of latest brokerage analyst protection, and mainstream investments,” Codebase President George Tsafalas mentioned in a press release. Codebase’s funding will ship the primary section of 9,450 Petahash per second price of mining rigs totally hosted within the US. The corporate mentioned it has the choice for a second tranche of an equal variety of mining rigs for a interval of 1 12 months.
(NSYEAMERICAN:SVM) () (FRA:S9Y) advised buyers on Friday it’s set to realize its annual manufacturing steerage for fiscal 2021 because the miner posted working outcomes for its third quarter to end-December, 2020. The metals producer generates gold, silver, lead and zinc from two websites – its Ying challenge and the GC mine – each in China. Consolidated silver manufacturing for the three months to December 31 final 12 months was 1,676 ounces, down from 1,779 ounces in the identical quarter in fiscal 2020. Gold output for the interval got here in at 900 ounces (the identical as in 3Q, 2020), whereas the corporate produced 17,111 kilos of lead, down from 20,044 kilos in the identical quarter final 12 months. It generated 8,673 kilos of zinc, up from 8,035 kilos in the identical interval of fiscal 2020.
Autos Corp () is increasing the retail community for its flagship SOLO three-wheeled electrical automobile to a few new West Coast areas, the corporate introduced Friday. The brand new direct-to-consumer retailers might be positioned at The Village at Corte Madera, California; the Los Cerritos Middle in Orange County, California; and La Encantada in Tucson, Arizona. These additions carry the corporate’s retail location depend to a complete of 13 throughout 10 main markets. Buyers will have the ability to study extra in regards to the SOLO, discover the automobile and place reservations onsite. The brand new areas are slated to open in March, the corporate mentioned.
Naturally Splendid Enterprises Ltd () () (FRA:50N) mentioned Friday that the third container of NATERA Plant Based mostly Meals is in transit from Australia. In a press release, the corporate mentioned it’s persevering with to increase distribution channels each regionally and nationally — and this newest container supplies the mandatory stock ranges required to proceed its push into meals service and retail. The increasing NATERA Plant Based mostly Meals distribution community now consists of Canada – BC Division, CANEX Meals, and Summit Specialty Meals. This various group of distributors present entry to tons of of factors of gross sales throughout Canada, servicing various demographics.
() (FRA:0V5) introduced Friday, its Cellular Power International (MEG) division delivered 439 autos in December. The corporate mentioned 356 have been for the taxi/ride-hailing enterprise and the remaining 83 for the rental-car enterprise. All items, invoiced through the interval from July by means of December 2020, have been delivered, the corporate added in a press release.
() (FRA:V7XN), a number one provider of Good Glasses, reported Friday that it seems to have achieved report income for its fourth quarter of 2020. Nonetheless, the corporate famous in a press release that the preliminary outcomes are unaudited. Vuzix mentioned 4Q income elevated greater than 100% year-over-year to over $4 million, versus $1.96 million within the 2019 quarter.
Ipsidy Inc () CEO Phillip Kumnick advised shareholders on Friday that the corporate is happy in regards to the demand for its cellular biometric platform providers “2020 was a difficult 12 months for all of us, and I wish to specific our empathy and help for many who proceed to undergo from the bodily and monetary results of the pandemic,” Kumnick mentioned in a press release saying the date of the agency’s annual common assembly. 2020 was additionally a interval of great transition for Ipsidy. I’m pleased with how the group at Ipsidy labored collectively to place our firm for fulfillment in 2021,” he added.
(NASDAQ:LEXX) (NASDAQ:LEXXW) () has introduced the closing of its beforehand introduced underwritten public providing of 1,828,571 items, every unit consisting of 1 share of frequent inventory and one warrant to buy one share of frequent inventory at a public providing worth of $5.25 per unit. The warrants have an train worth of $6.58 per share, are instantly exercisable and can expire 5 years following the date of issuance. In reference to the providing, the underwriter exercised in full its choice to buy an extra 274,285 shares of frequent inventory and extra warrants to buy 274,285 shares of frequent inventory. The gross proceeds from the providing have been roughly $11.04 million, earlier than deducting underwriting reductions and estimated providing bills. No securities have been provided or bought in Canada, together with by means of the CSE or another buying and selling market in Canada. H.C. Wainwright & Co. acted as the only book-running supervisor for the providing and is a non-related get together to the corporate
. () mentioned it has granted 1,975,000 incentive inventory choices to administrators, officers and staff of the corporate, that are topic to regulatory approval. Of the 1,975,000 choices granted, 1,800,000 have been issued to administrators and officers of Numinus, which have an train worth of $1.16 per frequent share and are exercisable till January 13, 2023. The 175,000 choices issued to staff have been granted earlier this month, have an train worth of $1.09 and are exercisable till January 5, 2023. The corporate’s Inventory Choice Plan permits for the issuance of as much as 10% of issued and excellent share capital within the type of incentive inventory choices. On account of the above grants, the corporate has 7,604,500 choices issued, representing 4.74% of the issued and excellent share capital. Numinus Wellness is a psychological well being and wellness firm creating an ecosystem of options centred round secure, evidence-based, accessible psychedelic-assisted psychotherapy to assist individuals heal and be effectively.
() () (FRA:BMVA) has introduced the pricing of its public providing of 1,280,000 items at US$7.50 per unit, for gross proceeds of US$9,600,000, earlier than deducting underwriting reductions and commissions and different providing bills. Every unit consists of 1 frequent share, one Unit A warrant and one Unit B warrant, every to buy one frequent share at US$7.50 per share. All the items are being provided by Versus. As well as, Versus has granted the underwriter a 30-day choice to buy as much as an extra 192,000 frequent shares on the public providing worth, much less underwriting reductions and commissions. The providing is anticipated to shut on January 20, 2021, topic to the satisfaction of customary closing situations. Lake Avenue Capital Markets, LLC is performing as sole book-running supervisor for the providing.
Litelink Applied sciences Inc. () mentioned it has granted 14.85 million incentive inventory choices to sure administrators, officers, staff and consultants of the corporate. The choices are exercisable at a worth of seven cents for a interval of three years from the date of grant. The corporate’s inventory possibility plan governs these incentive choices, in addition to the phrases and situations of their train, in accordance with Canadian Securities Change insurance policies.
() mentioned the TSX Enterprise Change has accepted for submitting documentation with respect to its non-brokered personal placement introduced December 2, 2020, and December 16, 2020, which sees the difficulty of 6,666,665 shares at a purchase order worth of 12 cents per share, along with 6,666,665 share buy warrants with an train worth of 20 cents for a three-year interval with 22 placees.
. (NYSEAMERICAN:AIM) introduced that it has rescheduled its investor convention name for 11.00am Jap Time on Thursday, January 21, 2021, to debate the just lately introduced graduation of the remedy of topics with coronavirus (COVID-19)-induced power fatigue-like signs within the amended AMP-511 trial, latest accomplishments and upcoming milestones. Traders and different events are invited to submit inquiries to administration previous to the decision’s begin by way of e-mail to [email protected]. The convention name might be accessible on the corporate’s web site at https://aimimmuno.com/events-presentations/, or by way of phone by dialing toll-free 877-407-8031 for US callers, or +1 201-689-8031 for worldwide callers. For these unable to take part at the moment, a replay of the decision might be archived on the corporate’s web site or could be accessed by dialing 877-481-4010 for US callers, or +1 919-882-2331 for worldwide callers and getting into the passcode 39447. The replay might be accessible for 90 days.
(), a medical expertise firm commercializing an progressive sign processing platform designed to enhance sign constancy and uncover the total vary of ECG and intra-cardiac indicators, has introduced that will probably be presenting on the twenty sixth Annual Worldwide Atrial Fibrillation Symposium, held nearly on January 29-31, 2021. Medical observations collected with BioSig’s PURE EPTM System might be introduced by G. Joseph Gallinghouse, M.D., Texas Cardiac Arrhythmia Institute at St. David’s Medical Middle, throughout Highlight Session: Early Stage and Rising New Applied sciences and Medication in Cardiac EP on January 29, 2021, from 2.40pm-3.40pm ET.
Media Central Capital Company introduced Friday that it has negotiated varied debt conversion agreements with 5 collectors of which 4 are arm’s size events to the company and one is a non-arm’s size get together as he’s a director and/or officer of the company. Pursuant to the phrases of the Debt Agreements, the company has agreed to subject an mixture of twenty-two,500,000 frequent shares to the collectors in change for the cancellation of 225,000 in debt owing to the events. The debt shares issued pursuant to the debt conversion are topic to a statutory four-month maintain interval. Inc () (FRA:3AT) is another media firm.
. () () (FRA:20Q) has introduced that its chairman & CEO, Dr Keith Barron will current at NobleCon17 – Noble Capital Markets’ Seventeenth Annual Investor Convention on Tuesday, January 19, 2021, at 1.30pm Jap Normal Time. The convention is digital, with no value, obligation or restrictions to attend: www.noblecon17.com. A high-definition, video webcast of the presentation might be accessible a day or so after the dwell occasion on the corporate’s web site http://www.aurania.com/news/aurania-in-the-media/
(), the operator of monetary markets for 11,000 U.S. and world securities, has introduced that Atlantic Sapphire ASA (OTCQX:AASZF), an Oslo-listed firm pioneering sustainable Bluehouse (landraised) salmon farming in Miami, Florida, USA, has certified to commerce on the OTCQX Finest Market. To qualify for OTCQX, corporations should meet excessive monetary requirements, observe finest observe company governance, and display compliance with relevant securities legal guidelines. “Congratulations to Atlantic Sapphire ASA on qualifying for the OTCQX Finest Market,” mentioned Joe Coveney, vice chairman of Company Companies at OTC Markets Group. “We’re happy to help progressive and entrepreneurial worldwide corporations in search of to strengthen transparency and to supply higher entry to disclosure and buying and selling for U.S. buyers. Cross-trading on OTCQX within the US will allow Atlantic Sapphire ASA, which is listed on the Oslo Børs, to diversify its investor base and to increase its world engagement even additional.” Johan E. Andreassen, chairman of Atlantic Sapphire ASA, mentioned: “Because the first US harvest in September 2020, our Bluehouse Salmon has expanded its retail footprint to greater than 1,000 areas, with increasingly shops coming on-line as we proceed to ramp-up manufacturing in direction of our 2031 goal of 220,000t of harvest (about 1 Billion salmon meals annually). Atlantic Sapphire’s groundbreaking, cutting-edge expertise and aquaculture yield a wholesome product that helps eliminates environmental considerations related to standard salmon farming. Bluehouse Salmon has a scrumptious delicate taste, is raised with out antibiotics or pesticides, in a water supply freed from micro plastics. Because the world’s largest land-based salmon farming firm with major operation within the US, we’re thrilled to be quoted on a US market and to additional diversify our investor base as we increase operations.”