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NA Proactive news snapshot: InnoCan Pharma Corporation, Mountain Valley MD, Zinc8 Energy Solutions, Alpine 4 Technologies 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

InnoCan Pharma Corporation (CSE:INNO) (OTCMKTS:INNPF) (FRA:IP4) reported the successful completion of a large-scale production of exosomes as part of its CBD Loaded Exosome (CLX) Therapy project in collaboration with Professor Daniel Offen of Tel Aviv University. The company said it considers CLX to be a new revolutionary, development-stage, cell therapy-based technology, loaded with CBD (cannabidiol), designed to target coronavirus infected lung cells and central nervous system diseases, with the potential to provide a highly synergistic effect of anti-inflammatory properties and help in the recovery of infected lung cells.

Mountain Valley MD Holdings Inc. (CSE:MVMD) (FRA:20MP) said it has received approval from the Canadian Intellectual Property Office for the patent filing around its Quicksome technology. The company's patented Quicksome liposome technology utilizes an advanced two-step encapsulation and desiccation process to formulate normally highly un-bioavailable active ingredients into highly effective oral product formats. The technology is being applied across a variety of vaccine, drug and nutraceutical application.

Zinc8 Energy Solutions Inc (CSE:ZAIR) (OTCMKTS:MGXRF) (FRA:0E9) said it has elected Charn Deol and Sean Charland to the company’s Board of Directors at Zinc8 Energy’s Annual General and Special Meeting of Shareholders held on December 16, 2020. The company also announced that during the past 12 months a “significant” number of its outstanding warrants were exercised from previous private placements, providing Zinc8 with more than $3 million in gross proceeds.

Alpine 4 Technologies Inc. (OTCQB:ALPP) said its Quality Circuit Assembly (QCA) subsidiary has already booked $1.5 million in new work with just its electric vehicle (EV) customers for Q1 2021, with more anticipated in the quarter.  The company, a leading operator and owner of small market businesses, noted that QCA completed $1.2 million in projects for these Fortune 500 EV customers in Q4 2020. Alpine 4 said its investment of $1.25 million into a new SMT line and related equipment for QCA has proven to be a fruitful investment.

Blackrock Gold Corp (CVE:BRC) (OTCMKTS:BKRRF) has reported more high grade drill results from drilling at its Victor Target at its Tonopah West project in western Nevada, which have confirmed the company's geological modelling. The Victor target remains open down dip and 480 metres along strike to the project's boundary to the east. It is one of several targets at the project, and lies 800 meters east of the Denver, Paymaster and Bermuda (DPB) high-grade vein target, which were historically mined together. Blackrock said that this year, exploration will scale up to three diamond core drills and one reverse circulation (RC) rig for a planned 40,000m campaign.

PlantX Life Inc (CSE:VEGA) (FRA:WNT1) (OTCQB:PLTXF) announced Thursday that it achieved record monthly gross revenue of C$1,029,883 for the month of December 2020. That is a 60% increase from the company’s gross revenue of about C$640,000 in November. The company said it attributes the increased revenue between November and December to the exceptional branding, marketing, and partnerships established over the past 12 months - underscoring as well the viability of PlantX’s business model and its ability to reach its target consumer market.

CO2 GRO Inc (CVE:GROW) (OTCQB:BLONF) reported that its CO2 Delivery Solutions is achieving 20% more pepper fruit production, based on interim results from the treatment group versus control group over the first 10 weeks of the commercial feasibility, as measured by kilograms of fruits harvested, at the Hidroexpo pepper greenhouse facility in El Salvador. The company said the feasibility is being conducted in a one-hectare greenhouse with half the plants receiving aqueous CO2 misting and half receiving no supplemental CO2.

Marrone Bio Innovations Inc (NASDAQ:MBII) has recently received approval for its Grandevo WDG Bioinsecticide for use in New Zealand and Chile. In addition, Grandevo WDG and Grandevo CG have also been approved for use on hemp by the US Environmental Protection Agency. “Growers are aggressively seeking alternative crop protection solutions that will serve as safe and effective controls for increasingly problematic pests,” said Kevin Hammill, the company’s chief commercial officer, in a statement Thursday. “After several years of extensive field trials in the US, we have witnessed the strong performance of how Grandevo WDG Bioinsecticide works on specialty crops. Now growers around the world will be able to experience the performance of Grandevo – from the high-value vineyards of New Zealand’s Marlborough region to Chile’s famous Colchagua Valley." 

Mandalay Resources Corporation (TSE:MND) (OTCQB:MNDJF) announced its 4Q production results on Thursday that showed the gold miner produced its highest amount of saleable gold in nearly three years. The company produced 24,488 saleable ounces during its fourth quarter ended December 31, 2020 from its flagship Costerfield mine in Australia and its Swedish operation, Björkdal. The quarter was its fifth consecutive quarterly improvement in consolidated saleable gold production and highest consolidated gold production since 4Q 2017, according to a statement.

Revive Therapeutics Ltd (CSE:RVV) (OTCMKTS:RVVTF) (FRA:31R) announced Thursday that it has entered into a sponsored research and an exclusive option-to-license agreement with North Carolina State University to develop a novel biosynthetic version of psilocybin. It is based on a natural biosynthesis enzymatic platform developed by NC State professor and researcher Dr Gavin Williams and provides a potentially simple and efficient method for rapidly producing natural products -- such as psilocybin -- using an engineered enzymatic pathway in E. coli. 

Hannan Metals Limited (CVE:HAN) (OTCPINK:HANNF) (FRA:C8MQ) has continued its ground-acquisition exercise in Peru, lifting its landholding to a total now of 1,864 square kilometers ( sq km), up from 937 sq km last month. It has staked a further 932 sq km prospective for porphyry copper-gold systems in central-eastern Peru at a project named Previsto (250 km from San Martin) where a field team has already begun initial reconnaissance, it told shareholders on Thursday. 

NEXE Innovations Inc (CVE:NEXE) (OTCMKTS:NEXNF) (FRA:NX5), a leader in plant-based compostable technology and advanced materials innovation, announced Thursday that it has been awarded a $1 million grant from the Government of Canada to support the commercialization of its NEXE Nespresso-Compatible Pods. The award is part of Phase 2 of the GOC's Plastics Challenge: Improved Compostability of Bioplastics (Bioplastics Challenge). This follows a $150,000 grant that NEXE received in 2019 during Phase 1 of the program to support prototype development. This award will support the “high-speed manufacturing of the company's NEXE Nespresso-Compatible pods following the announcement of best-in-class composting results last week,” said the company.

Great Panther Mining Limited (TSE:GPR) (NYSEAMERICAN:GPL) (FRA:G3U) said it met its production guidance in 2020 and generated more gold from across its three mines than in 2019, despite the challenges posed by the coronavirus pandemic. The precious metals producer operates the Tucano mine in Brazil, the Topia mine in Mexico and the Guanajuato mine complex, also in Mexico. For the year to end December 2020, the miner processed 28% more ore than in 2019, resulting in gold output of 133,031 ounces, up 12% from the 118,493 ounces seen in 2019.  Silver production was down 27% however from 2019, at around 1.11 million ounces.

HempFusion Wellness Inc (TSE:CBD.U) is entering the European CBD market via a distribution agreement with a leading European company with a wide retail presence. The Denver-based CBD company announced Thursday that the agreement includes EU-compliant labeling, packaging and distribution for select HempFusion CBD and Probulin Probiotics products. HempFusion and its European partner will start selling its products in Ireland.

Tinka Resources Limited (CVE:TK) (OTCPINK:TKRFF) (FRA:TLD) reported more encouraging drill results from its Ayawilca zinc project in Peru, which are expected to improve the resource at the South Ayawilca area ahead of an updated preliminary economic assessment (PEA) earmarked for the middle of this year. Tinka has now completed around 6,000 metres (m) of the planned 7,500m drill program in the resource expansion drilling program and today's assays come from four holes.

Killi Ltd (TSE:MYID) (OTCQB:MYIDF), the company paying consumers for their personal data, announced Thursday that it closed 2020 adding new consented accounts at a rate of 800,000 per week, up considerably from the beginning of the third quarter. "2020 was a transformational year for Killi," CEO Neil Sweeney said in a statement. "In 2020, we sold the Freckle unit, uplisted to OTCQB, changed our ticker symbol (MYIDF), expanded our user accounts by millions, expanded to five countries, introduced the Killi Paycheck, integrated into ten global data platforms, integrated 20,000 financial institutions, expanded our redemption options tenfold and moved away from surveys towards guaranteed weekly earnings — becoming the only company in the world that is paying users guaranteed income weekly for their data." 

BioSig Technologies, Inc. (NASDAQ:BSGM) announced that its PURE EP System has been featured in the January issue of EP Lab Digest. The editorial, authored by the publication's editor-in-chief Bradley P. Knight, highlights several challenges in electrophysiology (EP), including loss of essential components of the signal during the filtering process, inadequate signal-to-noise ratio, and saturation of the signals during pacing and defibrillation. According to Dr Knight, the need for advancements in signal recording are long overdue. Novel techniques to improve EGM signal fidelity in EP labs are imperative for the efficacy of ablation procedures.

Ipsidy Inc (OTCQB:IDTY) announced Thursday an agreement with Wipro Limited (NYSE:WIT) to help its enterprise customers combat identity fraud and to deliver seamless FIDO2 compliant Passwordless login tied to a proven identity. Wipro is a leading global information technology, consulting, and business process services company that helps its customers across six continents thrive in a world defined by disruption and fueled by transformative technology. Under the agreement, Ipsidy and Wipro will team to offer innovative identity solutions to address the expanding demand for building trust and identity certainty in today’s online, digital world. 

Loop Insights Inc (CVE:MTRX) (OTCQB:RACMF), a provider of contact tracing and artificial intelligence to drive automated marketing, revealed on Thursday that it had signed a pilot agreement with PharmAssist Solutions (Pharmassist) to implement Loop’s analytics platform in multiple independent pharmacy affiliated locations. Pharmassist is an independent pharmacy solutions provider that serves 12,000 independent pharmacies representing 15% of the UK market. On successful completion of the pilot, both parties intend to implement Loop’s AI-driven analytics platform across 12,000 pharmacies in the UK.

The Valens Company Inc (TSE:VLNS) (OTCQX:VLNCF) (FRA:7LV) announced its associate membership Thursday in Food, Health & Consumer Products of Canada (FHCP), an association representing small independently owned companies and multinationals alike, all of whom manufacture and distribute consumer packaged goods (CPG) domestically. The FHCP’s mission is to create a favorable business environment that enables its members to bring innovative products to market, promotes environmental stewardship, and standardizes product labelling all so Canadians have choices and access to safe and high-quality products. 

O3 Mining Inc (CVE:OIII) (OTCMKTS:OQMGF) reported that it has agreed to sell its wholly-owned Northern Gold Mining subsidiary to Moneta Porcupine Mines Inc (TSE:ME) (OTCMKTS:MPUCF) (FRA:MOP) in exchange for 149,507,273 Moneta common shares, which would give O3 Mining a 30.1% ownership interest in Moneta Porcupine. Northern Gold Mining owns 100% of the Golden Bear assets, including the Garrison gold project in the Kirkland Lake district of Ontario’s Timmins gold mining camp, which is adjacent to Moneta Porcupine’s Golden Highway Project. By combining assets in the Timmins gold camp, Moneta Porcupine will have an estimated Indicated resource of 4.0 million gold ounces along with 4.4 million Inferred ounces of gold.

Victory Resources Corporation (CSE:VR) (OTCMKTS:VRCFF) (FRA:VR62) has told investors it conducted reconnaissance at the recently-optioned Loner property in Nevada ahead of a potential 500 metre (m) drill program to begin this month and said it expects no major issues. As reported before Christmas, the company struck an option deal with Silver Range Resources Ltd (CVE:SNG) (OTCMKTS:SLRRF) (FRA:8SR) over the asset, which comprises 16 claims covering historic workings and exposed gold mineralization. On January 6, the firm said it had filed a "Notice of Operations" toward permitting for the first pass drilling. On January 12,  the project geologist and the driller carried out the reconnaissance.

WeedMD Inc (CVE:WMD) (OTCQX:WDDMF), a federally-licensed producer and distributor of medical-grade cannabis, revealed on Thursday that it has expanded its adult-use brand Color Cannabis into the province of Quebec. In a statement, the Toronto-based company said it forged a sales, marketing and distribution agreement with Quebec-based cultivator ROSE LifeScience Inc to bring the company’s adult-use products to consumers in Quebec through the Société québécoise du cannabis (SQDC) starting in early 2021. 

MindMed Inc (NEO:MMED) (OTCQB:MMEDF), has announced the addition of accomplished pharmaceutical executive, Robert Barrow as its chief development officer. The leading psychedelic medicine biotech company noted that Barrow has over a decade of experience leading drug development programs aimed at identifying and testing novel treatments in a wide range of disease conditions under the US Food & Drug Administration (FDA) and the European medicines Agency (EMA). In his most recent position, Barrow served as director of Drug Development & Discovery at the Usona Institute, where he oversaw preclinical, clinical and regulatory development efforts for all of Usona's development programs in psychedelics.

Elys Game Technology, Corp. (NASDAQ:ELYS) (NEO:ELYS) has announced the engagement of the international investor relations firm, Emerging Markets Consulting, LLC (EMC), to its expanding corporate communications team of investor relations and branding specialists.“ In response to our growing investor base in North America and Europe and our increasing analyst coverage, we are taking steps to reach this wider audience by leveraging our Nasdaq, NEO and Berlin Stock Exchange listings,” said Michele Ciavarella, ELYS’s executive chairman in a statement.

ION Energy Limited (CVE:ION) (FRA:5YB) announced Thursday it has received approval to begin trading (today) on the OTCQB Market under the ticker symbol "IONGF." In a statement, ION Energy CEO Ali Haji said joining the OTCQB, a platform operated by OTC Markets Group Inc.(OTCQX:OTCM), “is great timing” for the early-stage lithium brine explorer focused on Mongolia. "With the pending inauguration of President-elect Biden and his proposed economic recovery policies, US investors are finding battery metals increasingly intriguing to invest in,” Haji said, adding that “we look forward to sharing our story with a much larger investor audience." 

Fireweed Zinc Ltd (CVE:FWZ) said the TSX Venture Exchange has accepted for filing an agreement dated November 20, 2020, between the company and Michael S. Cathro, as trustee, and Cathro Resources Corp. and Cazador Resources Corp., as optionors. Under the terms of the agreement, the company may acquire a 100% interest in 1,582 claims, together with all pertinent assets, permits and licences. By way of consideration, the company will make cash payments totalling $500,000 and will issue one million shares at a deemed price of 86 cents per share over a one-year period. The property is subject to a 0.5% net smelter return (NSR) royalty on base metals and silver, and a 2.0% NSR royalty on all other metals in favour of the optionors. The company has a right of first refusal to acquire any interest in the royalties that the optionors may seek to dispose of.

Goldcore Resources Ltd. (CVE:GEM) said it has closed its private placement in two tranches to raise total proceeds of $1.5 million. A total of 15 million units have been subscribed for at a price of 10 cents per unit, each unit consisting of one common share and one warrant exercisable for two years at 20 cents. The term of the warrants issued may be accelerated by the company in the event that the company's shares trade at or above 25 cents for a period of 10 consecutive days. In such case of accelerated warrants, the company may give notice, in writing or by way of a news release, to the holders that the warrants will expire 30 days from the date of providing such notice. Under the first tranche, 11,083,000 units ($1,108,300) were issued December 15, 2020, with a hold period expiring April 16, 2021. Under the second tranche, 3,917,000 units ($391,700) have been issued and are subject to a four-month-plus-one-day hold period expiring May 14, 2021. Proceeds of the private placement will be used for working capital and continued exploration on the company's properties.

Western Magnesium Corp (CVE:WMG) said the TSX Venture Exchange has consented to the extension in the expiry date of 3,643,792 warrants with an original expiry date of January. 17, 2021, to a new expiry date of August 31, 2021, with an exercise price of warrants 21 cents, subject to acceleration if the closing trading price of the company's shares exceeds 30 cents per share for at least 10 consecutive trading days  These warrants were issued under a private placement of 3,643,792 shares with 3,643,791 share purchase warrants attached, which was accepted for filing by the exchange effective January 22, 2020.

OTC Markets Group Inc. (OTCQX:OTCM), the operator of financial markets for over 11,000 U.S. and global securities, has announced that GBank Financial Holdings (OTCQX:GBFH), a bank holding company, which conducts business through its wholly-owned subsidiary, Bank of George, has qualified to trade on the OTCQX Best Market. GBank Financial Holdings was previously privately-held. The OTCQX Market serves as a more efficient and cost-effective public market for US regional and community banks through standards tailored for bank reporting. By providing price transparency and broader information distribution, OTCQX enables banks to maximize the value of being a public company.  To qualify for OTCQX, community banks must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.  "This is yet another achievement for GBank Financial and for Bank of George," said Ryan Sullivan, the bank's president and CEO.  "Our trading on the OTCQX Market demonstrates our commitment to our shareholders as well as the communities we serve as we continue building a high performing and innovative banking institution."

Energy Fuels Inc (NYSEAMERICAN:UUUU) (TSE:EFR), a leading producer of uranium and critical minerals in the US, says CEO Mark S. Chalmers will present at NobleCon17 – Noble Capital Markets' Seventeenth Annual Investor Conference on January 19 at 10:30 am ET. The conference is virtual, with no cost, obligation or restrictions to attend: www.nobleconference.com. Chalmers will provide an update on Energy Fuels' various uranium and critical mineral initiatives, with particular emphasis on the Company's progress on producing rare earth elements. A high-definition, video webcast of the presentation will be available the following day on the company's website at www.energyfuels.com, and as a part of a complete catalog of presentations to be rebroadcast on Channelcheck (www.channelchek.com) next month.

Ideanomics (NASDAQ:IDEX) has said its CEO, Alf Poor, will present at the 23rd Annual Needham Growth Conference on January 15, 2021, at 2.45pm ET, To view the webcast live investors can use the following link: https://wsw.com/webcast/needham103/idex/2236860. The accompanying presentation materials will be available on the company's Investor Relations page after the conference. A replay will be available on the company website for 90 days from the event date. A link will be made available here: https://investors.ideanomics.com/Needham23rd

Contakt LLC, a technology company modernizing public health and safety, has released the third episode of the “Contakt World: Truth in Health” podcast. The podcast is available on iHeartRadio and other popular streaming sites for podcasts. “Our third episode tackles the difficult issues of race, privilege and the politicization of public health through the eyes of Fiana Tulip, and we’re honored she chose to share our podcast to share her story,” said Deepti Pahwa, chief innovative officer of Contakt World and co-host of the podcast. “Our goal with this episode and every episode of our podcast is to highlight these stories of humanity and dissect the real emotional toll the pandemic has had on our lives.” The podcst can be accessed via the following link: https://www.iheart.com/podcast/1119-contakt-world-74594010/episode/covid-does-race-risk-75857796/ Tracker Ventures Corp. (CSE:TKR) (OTCMKTS:TLOOF) FRA:B2I), an analytics software company that leverages blockchain and digital asset technology to transform and modernize multiple industries, is currently pursuing the acquisition of Contakt World.

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