A look at a few of the day’s highlights from the Proactive Investors US and Canada newswires
Harvest One Cannabis Inc has reported a continued enchancment in second-quarter adjusted underlying earnings (EBITDA) as a consequence of margin enhancements and reductions in plenty of bills and overheads at its LivRelief and Dream Water manufacturers. The hashish firm delivered an adjusted EBITDA loss from persevering with operations of $950,000 for the three months ending December 31, 2021, in comparison with a lack of $1.27 million in fiscal 2Q 2021, representing a 25% quarter-over-quarter enchancment. “Our strategic transition to a world main well being and wellness firm that’s uniquely positioned within the hashish area has been helpful,” Harvest One president and CEO Gord Davey stated in an announcement.
Southern Energy Corp (TSX-V:SOU, AIM:SOUC, OTC:MAXMD) has introduced chosen highlights of its year-end impartial oil and gasoline reserves analysis (NSAI Report) as of December 31, 2021, and offered an replace on the corporate’s three-well drilling program on the Gwinville area and a non-core asset money disposition. In an announcement, Ian Atkinson, president and chief government officer of Southern Energy stated: “We are delighted to report our 2021 year-end reserves report which highlights the standard of our asset base, our distinctive operational experience and the aptitude for vital reserves progress potential in our belongings as we progress our natural progress program. We are significantly excited by the extra possible drilling places recognized at Gwinville, that are based mostly on outcomes from earlier Selma Chalk horizontal drilling successes and doesn’t incorporate our new effectively completion design. Identification of those drilling places demonstrates how our technique of making use of trendy completion methods can convey new life, and manufacturing, to high-quality, mid-life belongings. The NSAI report demonstrates that we’ve considerably prolonged the working room and future improvement potential of our asset which can complement our technique to generate long-term sustainable free funds stream and natural progress in improvement of our present asset base.”
Bridgeline Digital Inc (NASDAQ:BLIN) has introduced that its latest product suite, TruPresence, has been chosen by a nationwide auto components franchise to enhance their web site’s search expertise. The firm identified that with over 200 places and one of many largest inventories of auto components within the nation, the franchisor wanted an answer that would deal with a number of large-scale catalogs. This is likely one of the first offers for TruPresence, which Bridgeline formally debuted on the International Franchise Association Convention on February 26, 2022. In an announcement, Ari Kahn, CEO of Bridgeline stated: “We are wanting ahead to increasing into the auto components franchise area with TruPresence. We’re desperate to see the affect TruPresence’s highly effective know-how stack and web site search may have on our accomplice’s progress.”
ESE Entertainment Inc stated that by means of its Metaverse division it has solid a partnership with Metachain Technologies Inc to broaden on the corporate’s present esports income streams. Metachain is a privately held know-how firm with years of technical expertise in metaverse-related applied sciences, together with digital actuality, augmented actuality, 3D design, blockchain and good contract improvement, minting non-fungible tokens (NFTs), creating and launching cryptocurrency native tokens (tokens) and decentralized finance purposes (DeFi). In an announcement, ESE Entertainment CEO Konrad Wasiela stated: “ESE is dedicated to rising income alternatives inside its present esports portfolio, and the creation of our Metaverse division introduced on January 24, 2022, solidifies our dedication.”
Fobi AI (TSX-V:FOBI, OTCQB:FOBIF) Inc, a supplier of real-time information analytics by means of synthetic intelligence, has posted fiscal second-quarter outcomes that noticed its income soar practically 59% sequentially pushed by a stable enterprise improvement pipeline. For the interval ended December 31, 2021, the Vancouver, British Columbia-based information intelligence firm reported income of $922,823, in comparison with $580,317 within the fiscal 1Q of 2021. The firm’s whole belongings elevated to $15.16 million on the finish of December 2021, in comparison with $11.68 million within the fiscal 1Q ended September 30, 2021, helped by two profitable M&A acquisitions associated to promoting platform Qples Inc and PassWallet, which works with different prime pockets go firms and helps over 150 nations the place Google Pay will not be supported like Mexico, Israel and the Philippines.
Great Panther Mining Limited (TSX:GPR, NYSE:GPL) has launched new exploration drill outcomes from its past-producing Coricancha challenge within the central Andes of Peru, which it stated augur effectively for advancing the asset. The newest assays come from 22 holes, for round 5,219 metres (m) from the continuing drill marketing campaign on the deposit, the place there are six recognized mineralized veins. Great Panther’s work is at the moment centered on three. “We are happy to report that these outcomes verify the potential for the brand new Escondida vein and seem to increase the zones of recognized mineralization at good grades,” stated Alan Hair, the interim CEO of Great Panther in an announcement.
Deepspatial Inc revealed that it has filed a US patent for its synthetic intelligence-driven crop yield prediction know-how. The Toronto-based firm stated that it had filed Patent Application #63307982 entitled “System and Method for Classification of Crops Using Multi-Class Machine Learning Techniques.” Deepspatial has created novel synthetic intelligence-driven know-how that solves a number of obstacles in agricultural practices corresponding to crop yield prediction, crop rotation, crop choice, and different crop administration actions that may lead to a better crop yield and maximize crop utilization for farmers.
Tocvan Ventures Corp has advised buyers that it expects first outcomes from the Phase III drilling program at its Pilar gold-silver challenge in Mexico to be out there later this month. In an replace, the corporate stated 1,200 meters (m) of core drilling has been accomplished ,offering important data throughout the Main Zone and 4-T Trend. Over 40% of those samples have been submitted to the ALS laboratory in Hermosillo, Mexico, for preparation and evaluation, it added. Tocvan stated the remaining samples are anticipated to be submitted over the subsequent two weeks with extra drilling deliberate within the coming months.
Vuzix Corporation (NASDAQ:VUZI) has advised buyers it’s poised to attain vital year-over-year income progress for 2022 because the adoption of its good glasses continues to develop. Reporting outcomes for the fourth quarter and full yr to finish December, the tech group stated gross sales of the glasses rose 27% in 2021 in comparison with the earlier yr, resulting in whole income of US$13.2 million, up 14% on 2020. The efficiency was not emulated within the fourth quarter, nonetheless, as gross sales of the glasses and engineering companies fell, resulting in group income of US$3.3 million, down from US$4.2 million within the year-earlier interval.
BlueRush Inc advised buyers that it has joined the Brightcove Marketplace to offer Brightcove prospects customized video advertising and marketing capabilities. The firm defined that customized video advertising and marketing is essential to success in at present’s digital world. As organizations proceed to speculate money and time in video, BlueRush stated they should maximize their return on funding. “Increasingly, our prospects are asking so as to add personalization, calls to motion, and different dynamic parts to their present video belongings, hosted utilizing the Brightcove Platform,” BlueRush CEO Steve Taylor stated. “This integration will permit Brightcove prospects to shortly and simply create extra worth from new or present movies utilizing our customized video creation at scale capabilities.”
Champion Gaming (TSX-V:WAGR) Group Inc introduced that its Football Outsiders statistics and analytics web site has entered into a brand new strategic partnership with fantasy app Underdog Fantasy. The firm stated Underdog will sponsor Football Outsiders’ new premium content material, which focuses on offseason prospect evaluation, new weekly editorial columns, podcasts and video content material, together with the brand new FO 40 and Fantasy 40 that debuts this week.
Fortitude Gold (OTCQB:FTCO) Corporation has reported file 2021 gold manufacturing of 46,459 ounces, exceeding its full-year forecast by 16%. The gold mining firm stated its Isabella Pearl mine delivered web revenue of $17.9 million, or $0.75 per share, in comparison with $10.2 million in FY2020. Net gross sales hit $82.1 million, up from $54 million in the identical year-ago interval. Fortitude’s Nevada Mining Unit consists of 5 high-grade gold properties situated within the Walker Lane Mineral Belt and a sixth high-grade gold property in west central Nevada, with the Isabella Pearl gold mine at the moment in manufacturing.
American Resources Corporation (NASDAQ:AREC) has introduced that the corporate’s subsidiary American Rare Earth LLC (ARE) has partnered with IN3 (Indiana Innovation Institute), a number one utilized analysis institute and collaborative group. The mother or father firm stated the collaboration will assist broaden its {industry} relationships and additional safe inroads to advertise American Rare Earth’s business manufacturing of essential and rare-earth parts corresponding to lithium, cobalt, nickel, neodymium, praseodymium, and dysprosium at its manufacturing services. IN3 consists of prime leaders from academia, authorities, and {industry}. Its management and board of administrators comprise {industry}, tutorial and political leaders from Indiana and the US.
Goldshore Resources Inc (TSX-V:GSHR, OTCQB:GSHRF) has introduced assay outcomes from gap MMD-21-008 at its Moss Lake Gold Deposit in northwest Ontario, which included 59 metres (m) of 6.3 grams per tonne (g/t) gold from 103.3m in addition to 9.3m of 8.8 g/t gold from 139.9m. The firm stated the outcomes proceed to substantiate gold mineralization on the Moss Lake deposit. “These drill outcomes proceed to substantiate our perception that our aggressive drilling marketing campaign will improve the tonnes and grade over the historic Mineral Resource mannequin by means of the cautious definition of discrete high-grade buildings and growth of the majority tonnage quantity,” Goldshore Resources CEO Brett Richards stated in an announcement.
Braxia Scientific Corp has stated it generated a double-digit year-over-year income improve throughout its fiscal third quarter of 2022. For the three-month interval ending December 31, 2021, the corporate recorded income of $324,902 versus $286,841 within the year-ago quarter, reflecting a 13.3% improve. Braxia famous that income consisted primarily of gross sales from the administering of ketamine-infusion therapies on the clinics of the Canadian Rapid Treatment Center of Excellence (CRTCE), a wholly-owned Braxia subsidiary. To date, the corporate has carried out about 5,500 ketamine therapies. The Toronto-based firm additionally ended the quarter with money and money equivalents of $7.64 million.
Kodiak Copper Corp has introduced that drilling is to start inside the subsequent week at its 100%-owned MPD copper-gold porphyry challenge in southern British Columbia. The firm stated plans for 2022 embrace a big drill program with as much as 25,000 metres (m) of drilling in a number of goal areas, in addition to additional geophysical and geochemical surveying, prospecting and geotechnical research. “2022 guarantees to be one other thrilling yr as we’re embarking on a big drill program,” Kodiak president and CEO Claudia Tornquist stated in an announcement. “It is essential to needless to say we’re nonetheless within the early phases of unlocking the potential of what seems a big, multi-center porphyry system at MPD.
Codebase Ventures Inc has stated it’s considering a metaverse funding technique by means of a portfolio centered on accumulating key investments within the DeFi ecosystem because of in depth analysis and planning with firm advisors in alignment with the corporate’s blockchain, DeFi funding thesis. “The metaverse and digital actuality signify immersive applied sciences with the potential to fully change the way in which we talk, play video games, and even go to our family members – and we have solely seen this progress speed up all through the pandemic,” stated Jake Chernoff, Codebase Technology advisor in an announcement. He added: “Although we’re seeing these applied sciences develop at an accelerated tempo, the metaverse is an early stage, unexplored {industry} – and the race for metaverse superiority is simply starting.”
Gungnir Resources Inc has outlined its plans in Sweden for 2022 with nickel as a key driver and offered exploration highlights from 2021. In an announcement, Jari Paakki, Gungnir CEO, commented: “Our plan for 2022 is to construct upon Gungnir’s 2021 high-grade nickel outcomes which have been a few of the prime, near-surface nickel drill intercepts reported within the junior-sector final yr. We are planning to allocate greater than three-quarters of our out there exploration funds on nickel, with a lot of the deliberate drilling directed at our Lappvattnet nickel challenge focusing on additional high-grade nickel shoots. We even have a powerful new gold goal at Knaften which we plan to drill-test with a couple of holes.”
Fabled Copper Corp has introduced the eighth set of outcomes of 2021 floor fieldwork on its Muskwa Copper Project comprised of the Neil Property (beforehand known as the North Block) and the Toro Property (beforehand known as the South Block) in Northwestern British Columbia. The firm famous that it has beforehand reported findings on the Lady Luck prevalence within the south finish of the Neil Property, adopted by the Mac; the 8A, Harris, the 2a and 2b, the Creek and now the Keays south copper prevalence. The Keays south displaying is situated roughly 500 meters southwest from the Keays north underground improvement and is regarded as the identical mineralized vein system. The high-grade mineralized Keays south vein averages 1 meter in width the place noticed with quite a few giant angular sluff float vein fragments.
DGTL Holdings Inc stated it has accomplished its beforehand introduced acquisition of Engagement Labs (TSX-V:EL) by means of a plan of association. Engagement Labs (TSX-V:EL) is an industry-leading information and analytics agency that gives social intelligence for Fortune 500 manufacturers and firms. Its TotalSocial platform focuses on the whole social ecosystem by combining highly effective on-line (social media) and offline (phrase of mouth) information with predictive analytics. The firm has a proprietary ten-year database of distinctive model, {industry} and aggressive intelligence, matched with its cutting-edge predictive analytics that use machine studying and synthetic intelligence to disclose the social metrics that improve advertising and marketing ROI and prime line income for its various group of purchasers. Under the association, holders of frequent shares of Engagement Labs (TSX-V:EL) acquired 0.1136 of a standard share of DGTL Holdings for every Engagement Labs (TSX-V:EL) share held.
Amarillo Gold Corporation (TSX-V:AGC, OTCQB:AGCBF) stated that at a particular assembly held on Tuesday, March 1, 2022, its shareholders accredited the beforehand introduced plan of association beneath the Business Corporations Act (British Columbia) for the acquisition of Amarillo by Hochschild Mining PLC (LSE:HOC, OTCQX:HCHDF). The particular decision approving the association was accredited by 99.99% of the votes forged by Amarillo’s shareholders current or represented by proxy on the assembly. It was additionally accredited by 99.99% of the votes forged by Amarillo shareholders aside from votes hooked up to Amarillo shares required to be excluded pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions. In whole, 71.21% of the issued and excellent Amarillo shares have been voted on the assembly. Under the Arrangement, every share of Amarillo shall be exchanged for money consideration of C$0.40 and one share of Lavras Gold Corp, a brand new Brazil-focused exploration firm. Lavras SpinCo shall be capitalized with roughly C$10 million money and can maintain all of Amarillo’s belongings and rights with respect to the Lavras do Sul gold challenge situated in southern Brazil within the state of Rio Grande do Sul. At the particular assembly, shareholders additionally accredited the omnibus fairness incentive plan of Lavras SpinCo. Following completion of the association, Amarillo’s shares are anticipated to be delisted from the TSX Venture Exchange and OTCQB.
Oragin Foods Inc stated the TSX Venture Exchange has accepted for submitting the corporate’s proposal to challenge 237,500 shares to settle excellent debt for $71,250 with two collectors.
BANXA (TSX-V:BNXA, OTCQX:BNXAF) Holdings Inc has introduced that it’ll current on the Q1 Virtual Investor Summit, hosted by the Investor Summit Group, on March 8, 2022. Domenic Carosa, founder and chairman of BANXA (TSX-V:BNXA, OTCQX:BNXAF), is scheduled to take part in one-on-one conferences with buyers all through the occasion and can host a digital presentation at 1.15pm Eastern time through the next webcast hyperlink: https://us06web.zoom.us/webinar/register/WN_iHejbnxUT-et5Px_2vmuBw. Registration is necessary for convention participation. For extra data on the convention, to schedule a 1-on-1, or to register for the occasion, buyers can go to www.investorsummitgroup.com
PyroGenesis Canada Inc has introduced that P. Peter Pascali, its CEO and chair shall be presenting on the Q1 Virtual Investor Summit being held nearly on March 8-9, 2022. Pascali’s presentation shall be delivered on Wednesday, March 9, 2022, at 2,00pm EST through the next webcast hyperlink: https://us06web.zoom.us/webinar/register/WN_u6lg3dyCRrOzDROvYYfZ-g. The Investor Summit (previously MicroCap Conference) is an unique, impartial convention devoted to connecting smallcap and microcap firms with certified buyers. The Q1 Investor Summit will happen nearly, that includes 90+ firms and over 500 buyers comprising institutional buyers, household places of work, and excessive web value buyers. Sectors Participating: Biotech, Communication Services, Consumer, Energy, Energy/Tech, Financial, Healthcare, Industrials, Materials, Real Estate, Technology, and Tech/Crypt. For extra data, buyers can contact: [email protected]
Safe-T Group (NASDAQ:SFET) Ltd has introduced that Shachar Daniel, its chief government officer, shall be taking part on the thirty fourth Annual Roth Conference. This yr’s occasion will encompass 1-on-1 and small group conferences, analyst-selected hearth chats, thematic {industry} panels, and on-demand displays by government administration from roughly 400 personal and public firms in a wide range of progress sectors together with: Technology & Media, Sustainability, Blockchain/Cryptocurrency, Business Services, Consumer / Health & Wellness, Healthcare, and Oil & Gas / Metals & Mining. To organize a 1-on-1 with Safe-T Group (NASDAQ:SFET) buyers can electronic mail [email protected]. To study extra in regards to the convention and submit a registration request, buyers can go to: https://ibn.fm/ROTH2022Registration
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