NA Proactive information snapshot: Todos Medical Ltd, Pure Gold Mining Inc, Lithiumbank Assets Corp, Kontrol Applied sciences Corp, C3 Metals Inc UPDATE …


Todos Medical Ltd’s CEO Gerald Commissiong has offered buyers with an replace on the corporate’s CLIA/CAP-certified lab Provista Diagnostics, its 3CL Pharma majority-owned subsidiary progress, and plans to uplist the corporate’s inventory to a nationwide inventory trade. In an announcement, Commissiong stated the corporate’s lab Provista Diagnostics was getting additional entrenched within the PCR testing enterprise, increasing past coronavirus (COVID-19) PCR testing to additionally check for pathogens equivalent to urinary tract an infection with PCR. He stated the corporate believed this offered considerably extra worth over the earlier customary of cell tradition assays by enabling a quicker turnaround time of 24 to 48 hours, in comparison with three to seven days for cell tradition.

Pure Gold Mining Inc stated it has closed the second and ultimate tranche of its non-brokered non-public placement for complete gross proceeds of C$31.1 million. The corporate stated between the primary and second tranches it had issued a complete of 207,240,960 items of the corporate at a value of C$0.15 per unit. Every unit consists of 1 share and one transferrable share buy warrant that entitles the holder to accumulate one widespread share of Pure Gold for six months from the deadline of the providing at a value of C$0.18.

Lithiumbank Assets Corp stated it has obtained conditional approval from the TSX Enterprise Change to increase the expiry date of 1,507,116 firm widespread share buy warrants initially issued in January this yr as a part of a personal putting. The board of administrators has permitted the extension of the expiry date of the January warrants from January 28, 2025, to February 16, 2025. The January warrants will stay exercisable into one firm share at an train value of $2 per share. The extension of the January warrants stays topic to ultimate approval of the TSX-V.

Kontrol Applied sciences Corp introduced it has accomplished its first SmartSuite set up in Florida for a number one nationwide US actual property funding belief. In an announcement, Kontrol CEO Paul Ghezzi advised buyers that enlargement into the US market with stays an “necessary strategic initiative” for the Canadian firm. “(We) are happy to have our first SmartSuite set up working,” Ghezzi stated. The CEO added that Kontrol is concentrated on scaling alternatives that may help clients to cut back their escalating power prices and obtain their company sustainability targets.

Todos Medical Ltd has revealed that its majority-owned subsidiary 3CL Pharma will current ultimate knowledge from the section 2 medical trial of Tollovir within the remedy of hospitalized extreme and significant coronavirus (COVID-19) sufferers on the upcoming Personalised Medication World Convention (PMWC). The medical diagnostics and associated options firm stated the presentation can be made on the PMWC on June 30, 2022, at 1.30pm Pacific Time. “Whereas the corporate introduced constructive topline medical outcomes from this trial in late January this yr, it turned clear that the ultimate dataset with the biomarker knowledge and different key medical knowledge outcomes had been going to be important to permit the market to know the complete affect that Tollovir might have on the usual care in remedy of hospitalized sufferers,” Todos CEO Gerald E. Commissiong stated in an announcement.

C3 Metals Inc introduced {that a} 5,000 metre (m) drill program at its 100% owned Bellas Gate copper-gold porphyry undertaking in Jamaica will start this weekend. The junior minerals exploration firm stated drilling is designed to check a number of porphyry copper targets recognized inside the “regionally vital” Crawl River Fault zone, in addition to goal epithermal gold prospects on the property. “We’re excited to start drilling on quite a few untested copper-gold porphyry programs and historic mine workings with spectacular copper mineralization however restricted multi-discipline exploration,” C3 Metals CEO Kevin Tomlinson stated in an announcement.

FansUnite Leisure Inc has reported income of C$9.67 million for the three months to March 31, 2022, up a whopping 804% from a yr earlier, boosted by constructive outcomes throughout all its enterprise items. The sports activities and leisure firm stated it achieved constructive cashflow from operations of C$500,000 within the first quarter – a first and a major milestone within the present market situation – in comparison with a damaging money movement of C$2.2 million within the year-ago interval. “We started this yr with strong progress to our high line regardless of the headwinds confronted within the international economic system. Our income progress was supported by constructive progress throughout all of our enterprise items,” stated FansUnite CEO Scott Burton in an announcement.

Southern Vitality Corp has introduced increased petroleum and pure fuel gross sales for the three months ended March 31, 2022, on the again of serious enhancements in commodity costs throughout the quarter. The established producer with pure fuel and lightweight oil property in Mississippi posted petroleum and pure fuel gross sales of US$5.92 million within the first quarter, in comparison with US$3.86 million a yr in the past. Transferring ahead, Southern stated it’s going to proceed to practise monetary self-discipline, together with enhancing its operations and evaluating alternatives to cut back working and capital prices.

Silvercorp Metals Inc stated its income within the fiscal yr ended March 31, 2022, rose by 13% to $217.9 million, up from $192.1 million within the prior yr. Throughout the yr, the China-focused agency stated it mined 996,280 tonnes of ore, up 3% from the earlier yr. In the identical interval, it milled 1,002,335 tonnes of ore, a 4% rise from the prior yr. Adjusted earnings attributable to fairness holders reached $52.4 million, or $0.30 per share, in comparison with $49.8 million, or $0.28 per share within the prior yr. Money movement from operations was $107.4 million, up 25% or $21.5 million from $85.9 million within the prior yr.

Mednow Inc has introduced a strategic partnership with Curv Well being, a digital well being firm offering low-cost well being companies to workers throughout Canada, to supply an built-in care program for sort 1 and kind 2 diabetes sufferers. This system consists of a 16-week regime of guided bodily and dietary schooling and actions to have interaction sufferers of all ranges, as designed by Curv Well being’s Licensed Diabetes Educators (CDE), with built-in help from Mednow’s pharmacy care workforce. “We at Mednow love what Curv Well being is doing to offer individuals quick access to well being and wellness companies and applications that may make an actual distinction in plan members’ lives,” stated Dave Marantz, chief income officer at Mednow, in an announcement. “The pharmacy has an enormous position to play in any complete member wellness program. We’re thrilled with this synergistic partnership that makes Mednow the unique pharmacy companion for Curv Well being.”

Tocvan Ventures Corp has unveiled encouraging Section III drill outcomes from its Pilar gold-silver undertaking in Sonora, Mexico, which continues to point out the potential to broaden mineralization. In all, 1,562 metres (m) have been sunk in 9 holes, offering key data throughout the undertaking’s Predominant Zone and 4-T Pattern. The outcomes from two holes had been launched focusing on the Predominant Zone extension, with one gap hitting 63.4m at a grade of 0.6 grams per ton (g/t) gold and 11 g/t silver, from a depth of 60.8m. Inside that intersection was 29.9m at 0.9 g/t gold and 18 g/t silver, beginning at 60.8m. The second gap hit a broad anomalous gold zone, indicating mineralization continues additional to the southeast. It intersected 107.3m at 0.1 g/t gold from 60.3m.

Electra Battery Supplies Company has up to date on its plans to develop a low carbon, fully-integrated battery supplies park for the North American electrical car trade, noting that the undertaking is on schedule to start dry commissioning in December regardless of constraints within the international provide chain. Based mostly on traits out there, the corporate stated its administration believes that the US$67 million capital finances may very well be exceeded by roughly 5-10%. It added, nevertheless, that its early choice to create an skilled proprietor’s workforce has been a mitigating issue and that administration believes the corporate is well-positioned to navigate a extra advanced panorama. “Regardless of provide chain disruptions and inflationary value pressures attributable to the lingering results of the worldwide pandemic and up to date geopolitical developments, Electra made appreciable progress in Q1, advancing the development of our expanded cobalt refinery,” CEO Trent Mell stated in an announcement.

TomaGold Corp stated it has wrapped up an induced polarization (IP) survey over the southern portion of its 100%-owned Obalski property close to Chibougamau, Quebec. The Montreal-based agency stated it expects to obtain the outcomes integrating the December 2021 and Might 2022 surveys from Abitibi Geophysics within the coming weeks. In an announcement, TomaGold stated that the survey outcomes will present necessary knowledge for the following drilling program on Obalski, scheduled for June or July 2022.

Cordoba Minerals Corp stated its just lately accomplished exploration diamond drilling program at its San Matias copper, gold and silver undertaking in Columbia has offered additional proof of the mineral useful resource’s potential. The corporate stated it had accomplished a complete of two,152.7 metres (m) of diamond drilling, with 4 holes targeted on the suspected buried Alacran Porphyry Goal, under a proposed open pit, and two holes inside the Alacran Northern Extension Goal. A spotlight from the drill program was an intercept of 1.11% copper and 0.19 grams per tonne (g/t) gold and 12.35 g/t silver over 27.35m.

Nickel North Exploration Corp stated it has closed the second and ultimate tranche of the non-public placement beforehand introduced on April 5, 2022, within the quantity of $37,500, and has introduced a brand new flow-through non-public placement for gross proceeds of as much as $200,000. Proceeds from the issuance of the FT items can be used for area exploration applications on the Hawk Ridge Ni-Cu-PGE-Co undertaking in 2022. Within the ultimate tranche of the beforehand introduced non-public placement, the corporate issued 750,000 items at $0.05 per unit. Every unit comprised one widespread shares within the capital of the corporate and one full widespread share buy warrant, every full warrant being exercisable into one share at an train value of $0.075 for 2 years from the date of issuance date, topic to the next acceleration clause.

Ximen Mining Corp introduced that it has begun its 2022 exploration applications, beginning with the Nelson property in southeastern British Columbia (BC). The mineral exploration firm stated preliminary work will embody sampling of the Wilcox mine dump, thickness measurements of the Wilcox tailings, assortment of a bulk tailings pattern of tailings for metallurgical testing, and dedication of the majority density of tailings. Ximen famous that soil sampling will resume the place the 2021 program stopped as soon as the snowpack has melted, whereas drilling is deliberate for the California gold mine later within the season.

Wanting Glass Labs Ltd (LGL) stated it has engaged MarketAcross, an Israel-based public relations (PR) agency, to reinforce the visibility of the advertising and marketing initiatives of LGL’s flagship studio, Home of Kibaa (HoK). Positioned in Tel Aviv, MarketAcross describes itself because the world’s main blockchain PR advert advertising and marketing agency that gives full end-to-end advertising and marketing options for blockchain corporations. LGL expects to leverage MarketAcross’ international media attain because it pertains to the blockchain, cryptocurrency and start-up classes with the intention to drive engagement for HoK’s present and upcoming product launches and different tasks. The corporate’s HoK-focused engagement of MarketAcross is predicted to span four-to-six months and can also allocate PR companies for initiatives on the mum or dad firm degree, if and as wanted. Dorian Banks, chief government officer of LGL commented: “We’re excited to start working with MarketAcross and the agency’s checklist of purchasers speaks for itself. Our workforce expects them to be efficient at connecting NFT and metaverse manufacturers equivalent to HoK with impactful media retailers and alternatives directed at particular audiences. As these classes change into much more standard, we really feel that top-tier PR illustration is invaluable with regards to gaining the suitable publicity and visibility. MarketAcross has obtained spectacular outcomes for main gamers within the crypto and blockchain areas, and we look ahead to working with their workforce as HoK continues to achieve traction with its live-action sequence, upcoming metaverse launch and different tasks which can be presently within the works.” The corporate additionally introduced that Jason Nguyen has resigned as its chief inventive officer efficient Might 26, 2022, to pursue different endeavours. The LGL board of administrators wished him nicely sooner or later and thanked him for his contributions to the corporate.

LQwD Fintech Corp has introduced the appointment of Peter Loretto as an unbiased director changing Dean Sutton, who will stay an advisor to the corporate. The LQwD board now consists of Shone Anstey, Ashley Garnot, Pino Perone, Kim Evans and Peter Loretto. Loretto holds an MBA from Gonzaga College in Spokane Washington with greater than 35 years of intensive worldwide funding banking, company finance and each enterprise and senior board-listed firm expertise.#

Vuzix Company has stated it will likely be collaborating within the nineteenth Annual Craig-Hallum Institutional Investor Convention on June 1, 2022. The convention can be digital and institutional buyers are welcome to schedule a 1-on-1 assembly with firm administration through their Craig-Hallum salesperson.

RE Royalties Ltd stated it has entered into an settlement with Revolve Renewable Energy Corp to offer a $1.6 million secured mortgage to help Revolve’s acquisition of a portfolio of six operational rooftop photo voltaic era tasks in Mexico with a mixed producing capability of two.4 megawatts. The mortgage and corresponding acquisition can be topic to customary closing situations. The mortgage could have a time period of 24 months and bear curiosity on the charge of 10% every year, compounded month-to-month, and payable quarterly. The corporate will obtain a structuring price of 1.5% on the mortgage worth at closing, and an extra price of 1.5% on the mortgage worth on the finish of time period. The corporate may even obtain a gross income royalty of 5% on 4 of the tasks and 1% on two of the tasks for the remaining lifetime of the PPAs. Steve Dalton, CEO of ReVolve, commented: “We’re extraordinarily excited in regards to the alternative introduced by the acquisition of this portfolio of photo voltaic tasks. It is going to quick monitor ReVolve’s technique for the distributed era market whereas shifting the enterprise from being a pure growth firm to an unbiased energy producer producing electrical energy, revenues and cashflow. We’re trying ahead to establishing a broader partnership with RE Royalties as we glance to develop and construct out a pipeline of distributed era property within the US and Mexico all through the course of this yr and past.”

Blue Sky Uranium Corp stated it has made an software to the TSX Enterprise Change to increase the time period of the excellent warrants as follows: 24,906,588 which can be set to run out on June 11, 2022 (beforehand prolonged from 2020) to be prolonged to June 11, 2023. These warrants had been initially issued below a personal placement accomplished by the corporate in June 2018. Not one of the warrants have been exercised. The train value of the warrants will stay at $0.30. Every warrant, when exercised, can be exchangeable for one widespread share of the corporate. The modification is topic to the approval of the TSX Enterprise Change.

Cypress Growth Corp stated the TSX Enterprise Change has accepted for submitting a purchase order and sale settlement dated February 23, 2022, between the corporate, Cypress Holdings (Nevada) Ltd., a wholly-owned subsidiary of the corporate, and Enertopia Corp. Below the phrases of the settlement, the corporate has accomplished the acquisition of the seller’s Clayton Valley lithium claystone undertaking. By means of consideration, the corporate made money funds totalling US$1.1 million and issued three million widespread shares of the corporate. A finder’s price of US$105,000 was paid in money to C.T. Barrie and Associates Inc.

FPX Nickel Corp has introduced the outcomes of its 2022 Annual Common and Particular Assembly held on Might 26, 2022. On the assembly, the corporate’s shareholders voted to set the variety of Board members at six and elected Peter M.D. Bradshaw, Anne Currie, James S. Gilbert, Peter J. Marshall, William H. Myckatyn, Robert B. Pease and Martin E. Turenne as administrators of the corporate to carry workplace for the following yr. The shareholders additionally voted in favour of the appointment of DeVisser Grey LLP because the auditor of the corporate for the following yr and permitted the corporate’s 10% Rolling Inventory Choice Plan.

Leaf Cell Inc stated the Toronto Inventory Change studies that Leaf Cell Inc. has modified its title to East Facet Video games Group Inc., efficient on the open on Might 30, 2022. In response to the TSX, the corporate’s widespread shares will proceed buying and selling below the image EAGR.



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