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NA Proactive news snapshot: BioLargo, Vuzix, Bragg Gaming, Kintara Therapeutics, CleanSpark UPDATE ...

A glance at some of the day's highlights from the Proactive Investors US and Canada newswires

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Your daily round-up from the world of Proactive

BioLargo Inc (OTCQB:BLGO) told investors it was preparing for commercial trials for its AEC water technology as soon as possible after new testing showed it could remove 99.9% of PFAS, the so called "forever chemicals," from water in just a single pass. Testing at the University of Tennessee showed that PFAS compounds are attracted and bound to the surface of the AEC's proprietary membranes, which in a single pass collect over 99.995%, such that less than one out of 50,000 PFAS molecules was able to penetrate the membrane, said the company.

Vuzix Corporation (NASDAQ:VUZI), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, announced Tuesday that it has recently received a new follow-on commercial order for M400 Smart Glasses from Dutch medical services company 1Minuut Innovation. Vuzix said the latest order from 1Minuut Innovation is for immediate delivery to elderly care organizations to meet urgent COVID-19 remote healthcare needs in the Netherlands and will push the number of M400 Smart Glasses in the field deployed with 1Minuut's Genzõ software suite to over 500 units. Vuzix said 1Minuut's main focus is to deliver highly secured video streaming and recording through its Genzõ mobile software platform. Genzõ facilitates an easy-to-use, safe and mobile communications platform to chat or video call using Vuzix Smart Glasses, helping to deliver medical expertise across multiple use cases in healthcare including patient monitoring, wound care, and training. 

Bragg Gaming Group Inc (CVE:BRAG) (OTCMKTS:BRGGF) announced Tuesday that it is accelerating its expansion into the US and Canadian iGaming markets. The company’s announcement comes on the eve of its graduation to the Toronto Stock Exchange on January 27. “Graduation to the Toronto Stock Exchange on Wednesday, January 27, 2021 (has) created a strong foundation for the company to accelerate its expansion into the burgeoning U.S. and Canadian markets,” Bragg said in a statement. It also said revenue for fiscal year 2020 was ahead of management expectations with adjusted EBITDA expected to hit the higher end of the range. 

Kintara Therapeutics Inc (NASDAQ:KTRA) shares jumped higher after analysts at Maxim Group upped their price target for the drug developer to $6 from $3 and reiterated a Buy rating in a note to clients. The New York City-based investment bank pointed to the recent launch of the GBM AGILE (Glioblastoma Adaptive Global Innovative Learning Environment) trial, which includes Kintara’s drug VAL-083, as a key catalyst. “This is a milestone for Kintara as it ushers in the company's transformation toward a pivotal-stage company,” Maxim's analysts wrote.

CleanSpark Inc (NASDAQ:CLSK) has released an upgrade to its microgrid Value Stream Optimizer (mVSO) energy modeling software, it announced Tuesday. The latest release includes enhancements to the customer-facing reports and financial analyses, according to a statement. The firm redesigned report interfaces to provide better graphics and tables for project developers to collaborate and convey clear information to their customers. mVSO can now seamlessly ingest outputs from a variety of other renewable energy related software, including Helioscope, PVSyst, and PVWatts modeling systems. 

Victory Square Technologies Inc (CSE:VST) (OTC:VSQTF) (FWB:6F6) revealed that its portfolio company Fantasy 360 Technologies Inc, which is doing business as Immersive Tech, has hired Steven Dooner, formerly a senior executive with The Void, to lead the firm’s UNCONTAINED virtual reality franchise development. The Vancouver, British Columbia based group which acquires and invests in startups, said that with over 40-years of Location Based Entertainment (LBE) experience, Dooner will play “a pivotal role” in fulfilling Immersive’s goal of leading the Location-based Virtual Reality (LBVR) industry to new heights. Dooner brings deep experience as he was previously in charge of development and location deployment at the VOID.

CO2 GRO Inc (CVE:GROW) (OTCQB:BLONF) (FRA:4021) reported that it has entered into a renewable one-year Memorandum of Understanding (MOU) with Malaysia's CH Green Sdn. Bhd. (CH Green), in which CH Green will have exclusive use of the company’s CO2 Delivery Solutions for the Malaysia market. CH Green has also agreed to a commercial feasibility to evaluate CO2 Delivery Solutions on various food plants at a demonstration greenhouse in Malaysia.

Fireweed Zinc Ltd (CVE:FWZ) (OTCMKTS:FWEDF) reported first results as part of its 2020 drill program on the Boundary Zone at the Macmillan Pass Project in the Yukon, which included 4.42% zinc, 0.08% lead, and 10.7 grams per tonne (g/t) silver over 212.70 metres (m). The company said “significant assays” over wide sections have been received from the first two holes drilled in the central Boundary Zone area.

Japan Gold Corp (CVE:JG) (OTCQB:JGLDF) announced Tuesday that Japanese Ministry of Economy, Trade and Industry (METI) has accepted 18 new prospecting rights applications covering extensions to the Barrick Alliance, Mizobe and Onoyama-Yamagano Projects in the Hokusatsu Region of the Southern Kyushu Epithermal Gold Province. The Hokusatsu Region of Southern Kyushu is Japan's largest gold producing area with low-sulphidation epithermal deposits recording a combined production of over 11 million ounces. In a statement, Japan Gold said the 18 new prospecting rights applications accepted by METI bring the company's total coverage in the Hokusatsu Region to 100,452.8 hectares — about 84% of prospective and explorable ground within the region.

International Montoro Resources Inc (CVE:IMT) (OTCPINK:IMTFF) had added another 2,650 hectares of land to its Victoria Lake project in Newfoundland, it announced Tuesday. The acquisition brings the Vancouver-based company’s total landholdings in the province to 10,650 hectares along the Exploits Subzone, which covers a large, prospective structural zone near the Valentine Lake shear zone. Valentine Lake is home to Marathon Gold’s Valentine Gold project, which boasts resources of nearly four million ounces of gold.

Canada Silver Cobalt Works Inc (CVE:CCW) (OTCMKTS:CCWOF) said an induced polarization (IP) study was conducted on the newly discovered, visually high-grade silver vein hit in a hole at its Robinson Zone at its Castle mine property in Ontario. The holes used for the study, carried out this month, contained zones of cobalt and silver veining and the work produced testable results that are being investigated by wedge drilling now underway, said the company.

Loop Insights Inc (CVE:MTRX) (OTCQB:RACMF) has partnered with Empower Clinics Inc (CSE:CBDT) (OTC:EPWCF) (FRA:8EC) to establish the Re-open Vancouver coalition with the goal of obtaining an approved end-to-end COVID-19 mitigation solution.  In a statement Tuesday, Loop said it and Empower plan to present the solution to local, provincial, and federal government authorities on behalf of local stakeholders to help in the re-opening of Vancouver’s travel and tourism industry, including the city’s cruise industry. According to Your Canada, Vancouver’s tourism industry generates about 15 million unique visitors per year. 

First Cobalt Corp (CVE:FCC) (OTCQX:FTSSF) chief executive, Trent Mell said this year is “all about execution”, as the company revealed it has begun important logistical preparation work ahead of construction at its refinery in Northern Ontario. The company is building a project team and has also started detailed engineering and procurement for long-lead order equipment, notably the cobalt crystallizer and solvent extraction and filtering equipment. At the same time, pilot plant test work is ongoing to assess further improvements to the refinery flowsheet. Cobalt solvent extraction is scheduled to commence at the beginning of next month and is expected to be completed by February 20.

NEXE Innovations Inc (CVE:NEXE) (OTCMKTS:NEXNF) (FRA:NX5), a leader in plant-based compostable technology and advanced materials innovation, on Tuesday announced the expansion of its intellectual property (IP) portfolio. In a statement, the Vancouver-based company said that over the last eight months, the company has filed 10 provisional patent applications with the United States Patent and Trademark Office (USPTO). The applications cover systems, methods, and materials for improving the quality, consistency, and compostability of plant-based packaging. Moreover, the company said the applications cover “significant improvements” in the design and function of single-serve coffee pods used in major single-serve coffee machines. 

Talon Metals Corp (TSE:TLO) (OTCMKTS:TLOFF) (FRA:TAO) announced Tuesday it had hit the longest mixed massive sulphide nickel mineralization to date at its Tamarack nickel-copper-cobalt project in Minnesota. Drill hole 20TK0278 intersected 21.7 metres (m) of mixed massive sulphide mineralization, starting at 459.7m, a new record at Tamarack. The hole was a 27m deep step out into an area that has seen very little previous exploration. The 124 square kilometre asset comprises the Tamarack North project and the Tamarack South project. 

BetterLife Pharma Inc (CSE:BETR) (OTCQB:BETRF) (FRA:NPAU) announced Tuesday that it has confirmed stability of its inhalable interferon coronavirus treatment through six months of real-time cold-temperature testing. The testing was conducted at -20°C (-4°F) and +2-8°C (36-46°F), which represents standard freezer and refrigerator temperatures, and the interferon met all established stability testing criteria. The ability to ship, store and use the product at these temperatures greatly simplifies the distribution chain and patient use protocols, the company said. 

Mirasol Resources Ltd (CVE:MRZ) (OTCPINK:MRZLF) (FRA:M8R) has told investors that it plans to start drilling at its Inca gold project in Chile, where it has an earn-in deal with mining titan Newmont Corp, in mid-February this year. Planned is a maiden 1,500-metre (m) Phase I diamond drill program, focused on the so-called Sandra trend, and site preparation is underway. The Sandra trend is a large epithermal vein field, which Mirasol reckons could host significant silver, gold and base metal mineralization.

Alpine 4 Technologies Ltd (OTCQB:ALPP) said it has received the second of two patents filed around its Brake Active rear-end avoidance collision product, the first having been approved last October. Brake Active enhances braking safety by pulsing the third brake light when a driver's foot presses the brake pedal.

Ready Set Gold Corp (CSE:RDY) revealed on Tuesday that its Phase 1 diamond drilling program has recently begun at the company's flagship Northshore Gold project in the prolific gold producing Schreiber-Hemlo Greenstone Belt, near Thunder Bay, in Ontario. The Toronto-based exploration company said that three drill holes have been completed to date. "The company has concluded, through its 2020 fieldwork and its geological review/modelling of historical exploration data, that the Northshore project remains underexplored and offers tremendous exploration upside potential,” said Ready Set Gold CEO Christian Scovenna. 

Australis Capital Inc (CSE:AUSA) (OTCMKTS:AUSAF) announced Tuesday its acquisition target ALPS inked an agreement with Cann Group Limited to deliver end-to-end design, construction and commissioning services for the latter’s planned Australian greenhouse. The $2.5 million agreement for the 363,000 square foot facility includes the installation of a computerized compliance and maintenance management system, APIS, and an ongoing service contract, the company said in a statement. ALPS is a leading design, construction management, commissioning and post commissioning consultancy company for horticultural crops. The company has been involved in cannabis projects across the globe with a total grow area in excess of 340 acres for a total cultivation capacity of around 2,000,000 kilograms of cannabis per year.

Group Eleven Resources Corp (CVE:ZNG) (OTCMKTS:GRLVF) (FRA:3GE) said its step-out drilling program at the Stonepark zinc project in Ireland has intersected “robust mineralization” outside the mineral resource estimate (MRE).  It added that further expansion work was “strongly warranted”.  The resource, which totals 5.1 million tonnes grading 8.7% zinc and 2.6% lead, is just a “few kilometres to the west” of Glencore-owned Pallas Green, one of the world’s biggest undeveloped zinc deposits.  Two holes were drilled: G11-2638-04 and G11-2638-05. 

Australis Capital Inc (CSE:AUSA) (OTCMKTS:AUSAF) (FRA:AC4) announced Tuesday its acquisition target ALPS inked an agreement with Cann Group Limited to deliver end-to-end design, construction and commissioning services for the latter’s planned Australian greenhouse. The $2.5 million agreement for the 363,000 square foot facility includes the installation of a computerized compliance and maintenance management system, APIS, and an ongoing service contract, the company said in a statement. 

Heritage Cannabis Holdings Corp (CSE:CANN) (OTCQX:HERTF) (FRA:2UE) reported that it has completed its previously-announced acquisition of Canadian recreational and medical cannabis company Premium 5 Ltd. Heritage Cannabis said the combined company is expected to be a market leader in the extract and extract derivatives market, as Premium 5 is a premium provider of Cannabis 2.0 hydrocarbon and solventless concentrates in Canada. 

Gatling Exploration Inc (CVE:GTR) (OTCQB:GATGF) said it has uncovered widespread, near-surface gold mineralization at the Fernland deposit - part of the three deposits at its flagship Larder gold project in Ontario. Drill assays include 1.1 grams per ton (g/t) gold over 101.3 metres (m) in one of the three zones, which have been identified at underexplored Fernland, the firm said, adding that the work was part of its current strategy of testing for surface potential across all three high-grade deposits at Larder.

TruTrace Technologies Inc (CSE:TTT) (OCTQB:TTTSF) and Applied DNA Sciences Inc (NASDAQ:APDN) (FRA:UDJP) are teaming up to deliver a complete cannabis product validation and authentication platform. Both companies plan to approach the cannabis industry with their integrated solution comprised of Applied DNA’s CertainT platform and TruTrace’s StrainSecure platform, which will be underpinned by linking together the power of proprietary SaaS platforms, blockchain, and molecular tagging technology to create a secure ecosystem that provides end-to-end traceability and full transparency. 

Pacton Gold Inc (CVE:PAC) (OTCPINK:PACXF) (FRA:2NKM) said it now has new priority targets for the current 10,000 metre (m) drill program at its Red Lake project in Ontario after a seismic survey was carried out by its neighbour PureGold Mining Inc (CVE:PGM). The 2D seismic survey included 13 kilometres (km) of line data over Pacton's claims, and has enhanced targets at the historic Carricona trenches on Pacton's project, the firm said. Pure Gold is now preparing for a 3D seismic survey to follow up, which is expected to include 94 line km over Pacton's property.

Q BioMed Inc (OTCQB:QBIO) said it has secured patent protection in Japan and Canada for a potential chemotherapy that could become a new and potent weapon in the fight against liver cancer. The company has received notices of allowance in both countries, which usually precede the formal patent award. The applications covered the use of the Uttroside-B molecule in hepatocellular carcinoma (HCC), the most common form of liver cancer. International and additional US patent claims are currently underway, Q BioMed said.

Mandalay Resources Corporation (TSE:MND) (OTCQB:MNDJF) (FRA:R7X2) reported further drilling success at the Youle deposit at the company's Australia mine, which is likely to lead to a longer life for the asset. Recent drilling has focused on delineating the previously reported southern high-grade zone but has also uncovered new high-grade results to the north, the company said.

NexTech AR Solutions Corp (OTCQB:NEXCF) (NEO:NTAR) (FRA:N29) has signed a six-figure contract to supply its InfernoAR video conferencing and virtual events platform (VXP) to the National Association of Medicaid Directors (NAMD), the company announced Tuesday. The deal was done in partnership with ARB Meetings and Events LLC, an event-planning company, of which NAMD is a client. 

AEX Gold Inc. (CVE:AEX) (LON:AEXG) has announced the appointment of Jaco Crouse has been appointed as its chief financial officer (CFO) effective immediately. The group said Crouse will replace George Fowlie who has stepped down as the CFO but remains on its board as a director. It added that the board intends to propose Crouse as a director of the company at the next annual general meeting. AEX Gold noted that Crouse is a seasoned mining executive with nearly 20 years' experience in financial management, mine financial planning, business optimization and strategy development. He most recently occupied the position of CFO of Detour Gold Cor

GlobeX Data Ltd. (OTCQB:SWISF) (CSE:SWIS) (FRA:A2PN34), the leader in Swiss hosted secure data management and secure communications, has revealed that its common shares have now started trading on the Frankfurt Stock Exchange. The shares, traded under WKN:A2PN34 with the symbol GDT in Frankfurt, also continue to be cross-listed on the Canadian Securities Exchange (CSE), under the symbol SWIS, and on the OTC Markets (OTCQB), under the symbol SWISF. GlobeX said it anticipates that the Frankfurt listing will help increase trading liquidity and facilitate investment in the company by institutional and retail investors across the European Union and Switzerland.

DRDGOLD Limited (NYSE:DRD) (JSE:DRD) said that Geoffrey Campbell, its independent non-executive chairman has advised the company that he does not intend to make himself available for re-election as a member of the board when his current contract expires on November 30, 2021. Accordingly, Campbell’s tenure as director and chairman of the board will come to an end with effect from December 1, 2021. DRDGOLD said the timing of his notification affords the company ample time to identify a suitable successor

HempFusion Wellness Inc (TSX:CBD.U) (FRA:8OO) said that it has been included in two leading cannabis and hemp-derived CBD focused exchange-traded funds, AdvisorShares Pure US Cannabis ETF (NYSE:MSOS) and AdvisorShares Pure Cannabis ETF (NYSE:YOLO). The Denver, Colorado-based health and wellness CBD company utilizing the power of hemp, noted that AdvisorShares is a leading sponsor of actively managed exchange traded funds (ETFs). Pure US Cannabis ETF is the only US-listed ETF dedicated solely to US cannabis exposure, with over US$616 million in assets under management. On the other hand, Pure Cannabis ETF was the first US-based actively managed ETF focused on the global cannabis industry. Both YOLO and MSOS endeavor to achieve long-term capital growth by investing in some of the largest foreign and domestic cannabis and hemp-derived CBD companies.

Progressive Planet Solutions Inc (CVE:PLAN) (FRA:ARB3) announced plans to raise C$1.4 million gross from a private placing for general working capital. The company, which is focused on commercializing natural pozzolan products to reduce the carbon footprint of cement, said it would offer up to 7 million units at C$0.20 each.  Each unit consists of one share and one share purchase warrant, which entitles the holder to buy a further company share for C$0.25 per share for two years.

Vox Royalty Corp (CVE:VOX) said the TSX Venture Exchange has accepted for filing documentation relating to a royalty portfolio sale and purchase agreement dated November. 9, 2020 (as amended on December 16, 2020), between the company and an arm's-length party vendor, Breakwater Resources Ltd. under which the company will acquire a portfolio of five royalties on mineral properties located across Canada and the United States. As consideration for the agreement, the $1,125,001 purchase price will be satisfied via $400,001 in cash and the issuance of 252,878 common shares at a deemed value of $2.867 per share.

Group Eleven Resources Corp (CVE:ZNG) said the TSX Venture Exchange has accepted for filing documentation with respect to its non-brokered private placement, announced on December 24, 2020, and December 30, 2020, which sees the issue of 23,076,999 shares at a purchase price of 6.5 cents per share with three placees.

DGTL Holdings Inc. (CVE:DGTL) (OTCQB:DGTHF) (FRA:A2QB0L) announced that it has granted an aggregate of 1,800,000 incentive stock options to certain officers and directors in accordance with the company's stock option plan. The options vest immediately and may be exercised at a price of $0.70 per option for a period of five years from the date of grant. The option grant is subject to the approval of the TSX Venture Exchange.

O3 Mining Inc. (CVE:OIII) (OTCQX:OIIIF) said it has granted to certain officers, directors, employees and/or consultants an aggregate of 890,000 options to acquire common shares of the corporation, and an aggregate of 90,000 restricted share units (RSUs). The options have an exercise price of $3.26 per share, have a five-year term from the date of grant, and vest annually in equal thirds beginning on the first anniversary of the date of grant. The RSUs are subject to a three-year cliff vesting period from the date of grant.

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