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NA Proactive news snapshot: Adcore, PyroGenesis, Falcon Gold, Adyton Resources, Ayurcann Holdings, authID.AI, Todos Medical UPDATE ...

Last updated: 17:00 05 Aug 2021 EDT, First published: 10:00 05 Aug 2021 EDT

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Adcore Inc, a leading e-commerce advertising management and automation platform to leverage digital marketing in an effortless and accessible way, said it will be releasing its second quarter 2021 financial results on Tuesday, August 10, 2021 after the market closes and will hold a conference call to discuss its second quarter 2021 financial results at 8:30 a.m. ET on Wednesday, August 11, 2021. To register for the conference call please click here. The conference call will include a brief statement by management and will focus on answering questions about Adcore's results during the second quarter, which can be sent in advance to invest@adcore.com.

PyroGenesis Canada Inc confirmed that it had successfully produced nano silicon materials with its PUREVAP Nano Silicon Reactor (NSIR). The company made the materials for HPQ Nano Silicon Powders Inc, a wholly owned subsidiary of HPQ Silicon Resources Inc. PyroGenesis said the successful milestone relates to the conversion of silicon into nano silicon powders. After experiencing certain delays relating to unexpected operating issues, PyroGenesis’ engineering team was able to successfully produce the materials, confirming the original assumptions underlying the project. The company said the next major milestone is to optimize the process and have a third-party evaluation of powder characteristics, after which orders can be delivered to various entities waiting to receive samples.

Falcon Gold Corp said it has granted 1.8 million incentive stock options exercisable for up to five years at a price of $0.10 per share to directors, officers and consultants of the company, in compliance with the company's stock option plan.

Adyton Resources Corporation has reported the discovery of a newly identified high grade ore zone at the Gameta project in Papua New Guinea. Located on the Pacific Ring of Fire, the Gameta project has been the subject of a maiden diamond drill program, where the company has drilled 38 holes measuring 3,381m meters (m). According to the statement, drilling undertaken within the existing resource envelope continued to meet or exceed previous drilling results. Significant intercepts were reported for holes ADD033 and ADD035, with highlights including 6m (34m – 40m) grading at 2.82 grams per ton (g/t) gold, 1m (15m – 16m) grading at 2.81 g/t gold, 1m (33m – 34m) grading at 1.23 g/t gold and 1.2m (76.7m – 77.9m) grading at 3.82 g/t gold.

Ayurcann Holdings Corp said it has introduced the Ayurcann Marketplace, an online cannabis marketplace for medical cannabis consumers in Canada. The new Ayurcann Marketplace is designed to provide Canadian medical cannabis consumers competitively priced and high-quality products including vapes, tinctures and topicals. To bring the marketplace to fruition, Ayurcann has partnered with various medical cannabis brands to offer their products on the convenient one-stop-shop online platform.

authID.AI revealed its second quarter results that showed a bump in revenue and a slimmer loss. The biometric identity verification company, formerly known as Ipsidy Inc, reported total revenue for the three-month period to end June 30, 2021 of $0.6 million, an increase from the $0.3 million it reported in the same year-ago period. Net loss for the quarter decreased by 12$ to $3.1 million or $0.15 per share from the $3.5 million or $0.20 it saw a year ago.

Todos Medical Ltd. has received a notice of allowance from the US Patent & Trademark Office (USPTO) for a trademark for its proprietary supplement Tollovid. The company said the USPTO notice underscores the demand in the marketplace for Tollovid, especially given its high dose, 5-day formulation that helps to support and maintain healthy immune function. Tollovid is a potent botanical, delayed-release, bioavailable 3CL protease inhibitor.

Golden Minerals Company sees strong second-quarter results from the first full quarter of gold and silver production at its open-pit Rodeo Mine, located in Durango State, in Mexico. For the period ended June 30, 2021, the Golden, Colorado-based company had a net operating margin of $2.5 million based on revenue of $5.9 million, against $3.3 million in cost of metals sold related to mining at Rodeo. This bested the company’s $1.2 million revenue and net operating margin of $0.8 million related to a lease of the company’s oxide mill at the Velardeña Properties to Hecla Mining in the second quarter of 2020. That lease ended on November 30, 2020.

Esports Entertainment Group, Inc. said it has signed a partnership agreement with the Los Angeles Chargers to be the NFL franchise's official esports tournament platform provider.  As part of the new multi-year agreement, the company will operate co-branded esports tournaments annually for the Chargers utilizing its Esports Gaming League (EGL) platform. Additionally, the Chargers have taken an equity stake in Esports Entertainment Group. "We continue to gain strong traction among top-tier professional sports franchises with our industry-leading tournament platform," said Grant Johnson, CEO of Esports Entertainment Group in a statement.

Talon Metals Corp has provided an update on its ongoing exploration program at the Tamarack nickel-copper-cobalt project, saying that it has expanded the pool of massive sulphides in the CGO West area. The junior resource company recently discovered a thick pool of mineralization, drilling 13.88 metres of massive and semi-massive nickel-copper mineralization on the property. Drilling has intersected an aggregate of 9.63 metres of mixed and massive sulphide around 100 metres east of another hole previously reported at 13.92 metres grading 6.70% nickel equivalent or 17.86% copper equivalent.

Nextleaf Solutions Ltd. has provided an update on the increased distribution of CBD oil through its bulk wholesale customers and its Glacial Gol-branded consumer products. The company noted that it has received a significant wholesale purchase reorder for high-purity CBD distillate from its NASDAQ-listed partner. Nextleaf said its wholly-owned subsidiary Nextleaf Labs Ltd. has been supplying the unnamed partner with bulk CBD distillate ingredients to power the partner's CBD products and brands, including edibles, ingestible oils, and vape carts distributed by provincially authorized retailers across Canada.

DRDGOLD Limited said its Ergo Mining (Pty) Limited subsidiary has begun reclamation of the 2.7 million ton (Mt) 4L25 mine dump, at a 3.8 million rand set-up cost. The company said reclamation of this dump is integral to sustaining production at Ergo and would free up a considerable land patch. The dump is within the 4A8 reclamation area, less than 5 kilometres (km) from Johannesburg’s central business district, near Ergo’s City Deep milling and pumping plant. With an average grade of 0.308 grams per ton (g/t), the 4L25 dump is estimated to contain some 850 kilograms (kg) of gold.

Levitee Labs Inc. has announced the appointment of Dr Fady Hannah-Shmouni as the company's chief medical and scientific officer and president of Levitee Clinics and Pharmacies. In this role, Dr Hannah-Shmouni - a leading expert in neuroendocrinology and genetics from the United States’ National Institutes of Health (NIH) - will oversee Levitee Labs’ medical affairs, research activities, and corporate medical strategy. He will also work with relevant parties to provide oversight of Levitee Labs’ clinical and scientific agenda and partnerships with a special focus on mental illness treatment, including substance use and pain disorders.

Deep-South Resources Inc. has announced the appointment of Mrs Ally Angula as an independent director of the company as a replacement to Mr Sadike Nepela who died in June 2021. The company noted that Angula, a Namibian citizen, is a Chartered Accountant with extensive background in accounting and business management in Namibia. She is the principal founder of The CFO Namibia a Chartered Accountancy and Financial Advisory firm. She is also the co-founder and managing director of Leap Holdings (Pty) Ltd. Angula was previously deputy executive director of the Ministry of Finance in Namibia and she was also engaged by the Ministry of Finance to reform Financial Reporting for the Government of Namibia.

Northstar Gold Corp. said it has closed the first tranche of its previously announced $2.5 million non-brokered private placement of units, for gross proceeds of C$1,572,220. The offering was comprised of 2,999,806 flow-through units for a total of $929,939.86 and 2,293,856 non-flow through units, totalling $642,279.72. The Flow-Through units were priced at $0.31 and comprised of one flow-through common share and one-half of one non-flow-through share purchase warrant. Each full warrant is exercisable for one non-flow-through common at an exercise price of $0.42 for a period of 24 months. The Non-Flow Through units were priced at $0.28 and were comprised of one common share and one-half of one share purchase warrant. Each full purchase warrant is exercisable into common shares at a price of $0.42 for a period of 24 months.

Zoglo's Incredible Food Corp revealed that it is partnering with Tree of Life Canada (TOL) to provide distribution and sales services to bring Zoglo's wide range of plant-based food products to retailers and food service outlets across Canada. Acquired in 2010 by Chicago-based KeHE Distributors, one of the leading fresh, specialty and natural food distributors in North America with 16 distribution centres across Canada and the US, Tree of Life Canada is aimed at health-conscious Canadian consumers. It has a retail sales team of over 140 individuals, including 60 food service and culinary sales experts, in four sales offices and three distribution centres across Canada with an ability to reach over 90% of where food is sold and served. 

Information Services Corporation posted fiscal second-quarter results that saw its revenue jump 44% year-over-year, powered by its Registry Operations, Services Segment and Technology Solutions. For the period ended June 30, 2021, the Saskatchewan-based firm reported revenue of $44.6 million, an increase of $13.6 million compared to the second quarter of 2020. Net income was $6.5 million or $0.37 per basic share, and $0.36 per diluted share during the second quarter. 

Else Nutrition Holdings Inc. has announced that it will be expanding its reach into the Western US and mountain regions with its new listing in all 19 Harmon’s Grocery locations. Based out of Utah, Harmons is a leader in the grocery space in Utah, with its upscale, family-oriented approach and Harmon’s Grocery is one of the few remaining locally-owned and operated grocery chains in Utah. “Partnering with Harmon’s fills a strategic distribution gap for us,” said Hamutal Yitzhak, CEO and co-founder of Else Nutrition in a statement.

Nextech AR Solutions Corp. said it has begun integration of its mixed reality (MR) solution HoloX, a human hologram application into HoloLens2, which is expected to be available in September 2021. The implementation will support gesture controls across HoloX’s UI and UX, allowing for users to navigate the application through eye-tracking and hand gestures. AR/MR smart glasses are wearable computer-capable glasses that add 3D images and animations to a massive screen on individual's glasses. The HoloLens initiative is being designed as a solution to provide a more realistic feeling of human hologram presence, beyond what is currently capable from other in-market solutions.

FansUnite Entertainment Inc. said its subsidiaries, Askott Entertainment Inc. and E.G.G. Limited, have been granted licenses from the UK Gambling Commission, enabling the company to serve as a Business-to-Business (B2B) technology provider and Business-to-Consumer (B2C) operator in the UK online gambling market. Through its subsidiaries, FansUnite has received a remote gambling software license and remote betting license from the Gambling Commission. These licenses allow FansUnite to supply its B2B wagering platforms to UK sportsbooks and casino operators, and deliver its B2C betting solutions to the UK marketplace. The company previously announced that it had submitted its license applications on March 4, 2021. FansUnite already holds both B2B and B2C gaming licenses in Malta.

PharmaDrug Inc announced it has entered into a sponsored research collaboration with the Terasaki Institute for Biomedical Innovation to work on an ocular psychedelic drug delivery platform. The two groups will develop the platform to transmit tryptamine-based pharmaceuticals such as DMT to treat eye diseases like glaucoma, which is the second-leading cause of blindness in the world.

O3 Mining Inc reported a new set of drill results from its Bulldog deposit in Val-d’Or, Quebec that has expanded the mineralization at the Alpha property. Drill results include 2.6 grams per ton (g/t) gold over 14.1 metres (m), including 5.5 g/t gold over 6.2m only 65m below surface on the deposit. Other intercepts include 9.5 g/t gold over 4.8m at a vertical depth of 340m and 7.1 g/t gold over 5.6m, including 26.5 g/t gold over 1.3m at a vertical depth of 150m on the Kappa zone.

Orgenesis Inc said its 2Q 2021 revenues rose from $1.75 million to $10.5 million compared to the same period in 2020. The international biotech company, which is focused on unlocking the full potential of cell and gene therapies (CGTs) in an affordable and accessible format, credited the Orgenesis Point of Care (POCare) Platform as a key factor to the profit boost. The POCare system consists of a pipeline of licensed POCare Therapeutics that are processed and produced in closed, automated POCare Technology systems across a collaborative POCare Network. 

Globex Mining Enterprises Inc revealed that it has bought a 100% interest in a block of claims in Quebec’s Rouyn and Joannes townships, around 10 kilometres (km) east of Rouyn-Noranda called the Rouyn Merger property in an all-share deal with a 1% net smelter royalty payout. The Canadian exploration, royalty, and property bank company said the Rouyn Merger property consists of 49 claims totaling 1,509.4 hectares (3,729.8 acres) covering around 6.5km (4.04 miles) of the prolific, gold localizing Cadillac Break. The vendor, IAMGOLD Corporation, received 183,000 Globex shares subject to a four-month hold period and a 1% Net Smelter Royalty, said the company. 

Hillcrest Energy Technologies Ltd said it has commenced manufacturing of the first Proof of Concept (PoC) prototype for its next-generation High Efficiency Inverter (HEI). Having successfully completed engineering simulations more quickly than initially anticipated, the company said its expedited development efforts are expected to result in its HEI technology being ready for PoC testing in the fourth quarter of 2021. Hillcrest said its 10kW/800V PoC inverter is expected to deliver both significant power efficiency gains and substantial cost benefits for future electric vehicles (EVs) and other e-mobility powertrains, as well as grid-connected renewable energy generation and storage systems.

Newrange Gold Corp. has signed a definitive agreement to acquire a 100% interest in the past-producing, high-grade Argosy Gold Mine in the Red Lake Mining Division of northwestern Ontario. The company said the mine is the most significant past-producer in the Birch-Uchi Greenstone Belt and produced 101,875 ounces of gold and 9,788 ounces of silver at a gold grade of 0.37 ounces per ton (oz/t) or 12.7 grams per ton (g/t). It closed in 1952 due to high operating costs and a $35/oz gold price. Production came from only four veins, although 12 are now known, and only to a depth of 900 feet (270 meters). The property consists of 43 patented claims and 17 Mining Licences of Occupation comprising 604 hectares. 

HempFusion Wellness Inc. has announced the launch of its highly anticipated CBD Gummy line. Utilizing HempFusion’s proprietary broad-spectrum hemp extract, never an isolate, the new, great-tasting gummies feature natural functional ingredients and premium flavors, two popular consumer-driven trends. According to Brightfield Group, the CBD gummy market is set to achieve $500 million in sales in 2021, up 44% from 2020, and is expected to reach $1.8 billion in 2026.

First Mining Gold Corp has remobilized its staff and crew for limited work at the company’s Springpole project near Red River, Ontario. Activity was suspended at the property in early July when a forest fire in northern Ontario began burning close to the project area. According to the Ministry of Natural Resources (MNRF), the fire in the area is now classified as "Under Control". 

KWESST Micro Systems Inc. announced that it has received notification from Innovation Solutions Canada (ISC) that it has qualified for up to $1.5 million in project funding in support of the further development and productization of its TASCS IFM system, Phantom electronic decoy system and counter-drone system. "This is strong validation of the Company's technology," said Jeff MacLeod, KWESST founder, CEO and president. He added: "This non-dilutive funding is subject to various conditions that include securing end-user sponsorship from the Canadian Department of National Defence or other agencies. We are very pleased that the necessary sponsorship has already been identified for two of the three projects, with sponsorship for the third one expected shortly. This funding entails the purchase of KWESST equipment by the Canadian government for evaluation in the course of refining requirements leading to larger future procurements under various projects over the next few years."

Great Panther Mining Limited has announced unaudited second-quarter financial results from its three wholly-owned mines -- Tucano in Brazil as well as Topia and the Guanajuato Mine Complex (GMC) in Mexico. In a statement, CEO Rob Henderson said the temporary suspension of mining at Tucano's Urucum Central South (UCS) pit resulted in lower gold production and higher costs in the second quarter of 2021. Mining at UCS has since recommenced at depth. 

Los Andes Copper Ltd. has announced that at its Annual General Meeting (AGM), held on August 4, 2021, all resolutions were duly passed, including the election of Warren Gilman as a non-executive director. The company noted that Gilman has over 30 years of experience as a deal maker and investor in the metals and mining sector. He was a founder of the Canadian Imperial Bank of Commerce (CIBC) Global Mining Team in Toronto in 1988 and subsequently led the team's efforts out of Australia and China.

Recruiter.com Group, Inc. has announced its chairman and CEO, Evan Sohn, will present the results of the company's Recruiter Index for July 2021 on CNBC's "The Exchange" and Yahoo Finance Live this week. Sohn will appear live on CNBC, Thursday, August 5, on 'The Exchange', which airs 1.00pm to 2.00pm ET, and on Yahoo Finance Live, Friday, August 6, between 12.00pm-1.00pm ET. The Recruiter Index, a survey of the Recruiter.com recruiter network comprised of more than 30,000 small and independent recruiters, has a successful track record of forecasting the Labor Department's jobs report by relying on the sentiment of recruiters, HR leaders, and hiring experts. "Our access to more than 30,000 recruiters provides significant insight into the job market," said Sohn. "We continue to see data that indicates candidates are holding out for better offers while employers become less and less interested in filling remote roles. I look forward to sharing additional insights on air this week."

Fortitude Gold Corp. has declared its monthly dividend of $0.035 per common share payable on August 31, 2021, to shareholders of record as of August 19, 2021. Fortitude Gold is a gold producer, developer, and explorer with operations in Nevada, USA. Dividends may vary in amount and consistency or be discontinued at the board of directors' discretion depending on variables including but not limited to operational cash flows, company development requirements and strategies, construction, spot gold and silver prices, taxation, general market conditions and other factors.

AEX Gold Inc. said it has appointed Panmure Gordon (UK) Limited as its joint corporate broker. Eldur Olafsson, CEO of AEX, commented: "I am delighted to welcome Panmure Gordon to the AEX Gold team as we continue to progress our flagship Nalunaq asset and our wider exploration portfolio. Panmure has a strong reach into the institutional market and we look forward to working with them to bring our exciting story to a wider audience. In a separate statement, AEX Gold also announced that on August 4, 2021, it was informed by TB Amati UK Smaller Companies Fund that Amati has sold a total of 3,319,512 common shares of no par value over the period February 10, 2021, to March 4, 2021, and now holds 8,902,710 shares, representing 5.03% of the company's issued share capital.

DRDGOLD Ltd. has said it will release results for the year ended June 30, 2021, on SENS and the company’s website on Wednesday, August 25, 2021, at 8.00am SA time.

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