NA Proactive news snapshot: Ready Set Gold, Cloud DX, Camino Minerals, Australis Capital, Dalrada Corporation UPDATE ...

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

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Concept Capital Management Ltd announced that it acquired direct ownership of 1,257 units of Ready Set Gold Corp (CSE:RDY), at a price of $1,000 per unit pursuant to a private placement of units on June 23, 2021. Each unit consists of one $1,000 principal amount 3-year unsecured convertible debenture and 3,334 common share purchase warrants. The debentures are convertible into common shares of the Issuer at a price of $0.27 per share and the warrants are convertible into common shares at a price of $0.47 per share for a period of 36 months. Immediately Prior to the Transaction, the Acquiror owned or exercised control or direction over 812,500 common shares of Issuer representing approximately 2.7%.

Cloud DX Inc (CVE:CDX) (OTCQB:CDXFF) announced it is teaming up with two Ontario hospitals to reduce the surgical backlog due to the coronavirus pandemic. The Canadian technology company is working with Hamilton Health Sciences and St Joseph’s Healthcare Hamilton on a “virtual command centre” supported by Cloud DX. The virtual command centre will provide patients with a dedicated hospital-to-home care team using Cloud DX’s Connected Health technology.

Camino Minerals Corporation (CVE:COR) (OTCPINK:CAMZF) announced it has closed the $4.6 million deal to acquire the Maria Cecilia porphyry and skarn complex in Peru. The transaction was with Denham Capital affiliate Stellar Investment Holdings LLC and British Virgin Islands company Minera Maria Cecilia Ltd, which controlled the mineral rights and titles covering the project. Maria Cecilia consists of claims that cover 7,110 hectares that Camino believes has geological similarities to one of Peru’s largest copper mines, Antamina, located 100 kilometres away.

Australis Capital Inc (CSE:AUSA) (OTCMKTS:AUSAF), which is doing business as Audacious, has announced that it is acquiring California cannabinoid beverages and edibles firm Gary Maverick Inc, which operates as LOOS, in an all-stock deal. It is Las Vegas-based Audacious first entry into the CBD beverages category, which is estimated to reach nearly $1.4 billion in value in the US by 2023, and $14.6 billion globally by 2026. LOOS sells a two-ounce drink (or shot) infused with 100mg of THC, in three flavors: Orange Crush Sativa, Green Dream Hybrid, and Lavender Indica. It also plans to release a number of other products across several key categories, including CBD-infused shots, shortly, according to Audacious.

Dalrada Corporation (OTCQB:DFCO) has announced that its IT engineering subsidiary Prakat Solutions Inc has partnered with Singapore-based ValueQwest Private Limited to expand the digital transformation of global supply chains. According to a report by Global Industry Analysts, digital transformation is now visible in all industrial sectors and over 60% of North American, European, and Asian companies expect to “witness a higher velocity of change in digital transformation.” The report also noted that worldwide digital transformation spending in logistics is now projected to reach US$75.5 billion by 2026, growing at a compound annual growth rate (CAGR) of 8.8% over the analysis period, up from a 2020 estimate of US$45.6 billion.

Kenorland Minerals Ltd (CVE:KLD) (FRA:3WQ0) has commenced its 2021 summer exploration program at the Frotet project, located in northern Quebec. The Vancouver-based explorer has three projects in Quebec, including Frotet which is a joint venture gold project with Tokyo-based Sumitomo Metal Mining Canada Ltd. The summer drill program will include up to 20,000 meters of diamond drilling at the Regnault gold dISCovery.

TNR Gold Corp (CVE:TNR) (OTCMKTS:TRRXF) (FRA:TNW), which holds a 1.8% net smelter return royalty on the Mariana Lithium Brine Project in Argentina, says International Lithium Corp (ILC) has released an apparent upbeat resource estimate for the project. According to TNR, ILC has received a 300-page report from its strategic partner Ganfeng Lithium Co Ltd (GFL) that contains an updated mineral resource estimate for the project. TNR said the report stated: 854,000 tonnes of lithium carbonate (Li2CO3) equivalent (LCE) in the Measured and Indicated Resource categories, an increase of 55% over the 2019 estimate of 4,410,000 tonnes.

Predictiv AI (CVE:PAI) (OTCMKTS:INOTF) (FRA:71TA) said its board of directors has appointed chairman Jim Grimes as interim president and CEO following Michael Lende's resignation effective July 30, 2021. The technology company said Lende made the “difficult decision” to step down as president, CEO and board director due to personal family matters. He has committed to ensuring a smooth transition of responsibilities over the next few weeks and has agreed to be available for advisory and consulting services, the company added. Grimes, who will retain his role as chairman, previously opened and led the Canadian division of three early-stage Silicon Valley-based telecom start-ups, including Stratacom Inc (CISCo), Xylan Inc (Alcatel) and Access 360 (IBM).

Fortitude Gold Corp (OTCQB:FTCO) has announced record preliminary second-quarter production results up 26% quarter-over-quarter. The Nevada-focused gold firm produced 14,579 gold ounces in the 2Q from its Isabella Pearl gold mine. The uptick also bolsters the company’s 2021 output outlook to the upper range of 45,000 gold ounces. Fortitude credits the increase to the accessing of higher-grade portions of the Pearl zone.

Bragg Gaming Group (TSE:BRAG) (OTCMKTS:BRGGF) expects to report strong revenue growth for its second quarter ended June 30, 2021. In a statement, the company said it generated preliminary 2Q revenue of about 15 million euros (US$17.71 million) pre-acquisition of Wild Steak Games, representing a year-over-year jump of 23.5% and a 5.7% quarterly sequential increase. Bragg added that total revenues for the first half of 2021 are expected to be about 29.2 million euros (US$34.5 million).

VR Resources Ltd (CVE:VRR) (OTCQB:VRRCF) (FRA:5VR) has said the second phase first-pass reverse circulation (RC) drill program at its Reveille silver-copper and gold property in Nevada has been completed, with four holes sunk for 1,552 metres (m) in less than two weeks. The work also tested the Kawich anomaly that was delineated in an expanded geophysical survey completed in May and which is believed to be the potential source of the mineral system at Reveille. VR’s CEO Dr Michael Gunning said the company was pleased to have the Phase I and II programs at Reveille completed this early in 2021 and was now eyeing further drill plans for the property.

Global Energy Metals Corporation (CVE:GEMC) (OTCMKTS:GBLEF) (FRA:5GE1) has announced plans for an exploration program during the 2021 summer field season at its Monument Peak copper-silver-gold project in Idaho. The Vancouver-based junior said the phased exploration program conducted by Dahrouge Geological Consulting will commence on or before July 17, with exploration results released as they become available. To establish the project's resource potential, the company said work will include drone geophysical surveys and soil sampling. Preliminary analysis of the summer exploration program will follow and lead to the preparation of an independent technical report and be used for the generation of drill targeting and permitting, it added.

LexaGene Holdings Inc (OTCQB:LXXGF) (CVE:LXG) (FRA:5XS2) has announced a strategic relationship with intellectual property law firm Wolf Greenfield as it continues to expand its patent portfolio. The company said adding Wolf Greenfield to its representation portfolio also strengthened its positioning towards possibly listing its common shares on the Nasdaq Capital Market. Wolf Greenfield has over 150 legal professionals based in Boston and New York, specializing in patents, licensing and royalty transactions, post-grant proceedings, and trademark and copyrights. The company also announced that Dr Regan will be speaking at the “Access to Giving” investor conference on Thursday, July 15. The webcast can be accessed through the following link: https://www.webcaster4.com/Webcast/Page/2744/41999. The audio recording will be posted to the LexaGene website, at a later date.

PharmaDrug Inc (CSE:BUZZ) (OTCPINK:LMLLF) reported promising initial results from its study looking at using cepharanthine to treat cancer. Cepharanthine is a natural product that is shown to exhibit multiple pharmacological properties – including anti-oxidative, anti-inflammatory, immuno-regulatory, anti-cancer, anti-viral and anti-parasitic properties. Toronto-based PharmaDrug said that results showed a “marked response” to cepharanthine from cancer cell lines compared to the current standard of care.

Mandalay Resources Corporation (TSE:MND) (OTCQB:MNDJF) (FRA:R7X2) posted a solid set of production figures for its second quarter to end-June and sees further improvements ahead. Across its projects in Sweden, Australia and Chile, the metals producer generated 28,843 ounces of gold-equivalent for the three months to June 30, up from 24,752 ounces in the same quarter a year earlier. This was the miner's highest result since the fourth quarter of 2017 and the fourth consecutive quarter of increased output.

Vicinity Motor Corp (NASDAQ:VEV) (CVE:VMC) (FRA:6LG) said it has received an initial order from a private operator in British Columbia for 10 VMC 1200 Class 3 electric trucks valued at over $1 million. “We are thrilled to receive our first order for our recently announced all-new Vicinity 1200 Fully Electric Class 3 Truck designed for urban environments and construction or delivery applications," said Vicinity founder and CEO William Trainer in a statement. "As companies seek solutions to diversify their fleets and mitigate exposure to energy and carbon costs, we expect strong interest in the VMC 1200 and are pleased to have our first order so quickly," he added.

CleanSpark Inc (NASDAQ:CLSK), a diversified software, services and bitcoin mining company, said it has struck an agreement with new partner Coinmint to potentially deploy nearly 25 megawatts (MW) of its highly efficient Bitmain S19 Pro miners at a location operated by Coinmint. The Salt Lake City, Nevada-based company said it plans to deploy around 750 PH/s in hashrate capacity at Coinmint's facility in Massena, New York between July and September this year. To support this hashrate, Coinmint has agreed to provide 25 MW of power, provide operations support and commit to 98% uptime. CleanSpark expects the agreement to “rapidly increase” its overall hashrate across all bitcoin mining locations to 1.2 EH/s upon installation and believes that it will allow it to maximize its bitcoin production, while maintaining all aspects of its environmental, social, and corporate governance (ESG) mining philosophy.

Bam Resources Corp (CSE:BBR) (OTCPINK:NPEZF) (FRA:4NPB) has reported more encouraging exploration findings from its Majuba Hill copper project in Nevada, revealing that a deep induced polarization (IP) survey had uncovered two new unexplored areas. Zonge International carried out the 49.5 line kilometres (km) IP study and the data was sent to James Wright, a highly regarded geophysicist, who provided advice and a preliminary interpretation. 

Empower Clinics Inc (CSE:CBDT) (OTCPINK:EPWCF) (FRA:8EC) has posted fISCal 2020 results that showed a 258% surge in revenue, supported by recent acquisitions. For the three months ended March 31, 2021, the Vancouver-headquartered integrated healthcare company reported total revenue of $2.04 million, up from $789,135 in 1Q 2020. As part of total revenue, 1Q clinic services revenue reached $2.03 million, from $767,803 a year earlier. It attributed the increase to the impact of the coronavirus (COVID-19) pandemic, along with the acquisition of Kai Medical Laboratory LLC on October 5, 2020. These were partially offset by a reduction in patients visiting the Sun Valley Health clinics as a result of State legalization of cannabis in November 2020, the company added.

Snowline Gold Corp (CSE:SGD) (OTCPINK:SNWGF), the Yukon-focused gold explorer, reported encouraging drill findings from the first phase drilling at the Jupiter zone of its Einarson project, which indicates an extensive epizonal orogenic gold system. The drill program is nearly complete with around 1,560 metres (m) of core recovered from the Callisto target at Jupiter, with all nine holes hitting a structure down to depths of 100m and along a 230m-long trend. 

Idaho Champion Gold Mines Canada Inc (CSE:ITKO) (OTCMKTS:GLDRF) (FRA:1QB1) said it has received the necessary permit from the Bureau of Land Management (BLM) to extend 2021 drilling onto its 100%-controlled Federal Mining claims at its Champagne gold project in Idaho. The BLM drill permit grants the company nine drill pad locations as part of the "fence" drilling designed to drill test the induced polarization (IP) anomaly at the project. Drilling through the permit will commence on drill hole number three, the first two pads having been established on the recently acquired private ground located toward the west end of the IP anomaly, the company said.

Medallion Resources Ltd. (CVE:MDL) (OTCQB:MLLOF) (FRA:MRDN) has provided a summary of an independent Techno-Economic Assessment (TEA) for its proprietary process that enables sustainable extraction of rare earth elements (REE) from mineral sand monazite. The TEA was done by process engineering and simulation specialists Simulus Engineers (Australia). The Medallion Monazite Process is a proprietary method and related business model to achieve low-cost REE production utilizing mineral sand monazite. Monazite is a rare earth phosphate mineral available as a by-product from heavy mineral sand mining operations. 

Esports Entertainment Group Inc (NASDAQ:GMBL) (FRA:40Y1) has announced the closing of its acquisition of Gameday Group's business-to-consumer business, operating as Bethard. As a result of the transaction, the company raised its fISCal 2022 revenue guidance to $105 million from $100 million. Bethard, a Malta-based iGaming company with licenses in Sweden and Spain, offers sports betting and casino games online. Founded in 2012, it generated $31 million in revenue in 2020.

PyroGenesis Canada Inc (TSE:PYR) (NASDAQ:PYR) (FRA:8PY) has announced the launch of its e-commerce website, offering a selection of high-quality charitable swag and accessories. The company said the profits will be donated to charities for children in need. PyroGenesis’ online store will be unveiled today (July 14) at about 10:30 am ET and all products will be available at shop.pyrogenesis.com. 

Great Panther Mining Limited (TSE:GPR) (NYSEAMERICAN:GPL) (FRA:G3U) has released its 2Q results, featuring a 135% uptick in silver production, putting the precious metals company on track to meet its guidance. The miner holds a diversified portfolio of assets in Brazil, Mexico, and Peru, including three operating gold and silver mines, four exploration projects and an advanced development project. The 2Q results include output tallies from all three of Great Panther’s mines, Tucano in Brazil, as well as Topia and the Guanajuato Mine Complex (GMC) in Mexico. 

DRDGOLD Limited (NYSE:DRD) (JSE:DRD) (FRA:DUBA) reports that the new copper elution circuit at its Far West Gold Recoveries (FWGR) surface retreatment operation southwest of Johannesburg, is expected to deliver an additional 1.2 kilograms (kg) to 1.8kg of gold per month. The company said the additional gold would otherwise have been lost to refining charges. DRDGOLD said FWGR is currently retreating material reclaimed from the Driefontein No. 5 dam. The material reclaimed contains high levels of copper, which competes with gold and co-adsorbs onto activated carbon. Copper and gold are removed from the carbon and subsequently recovered together in the electro-winning process. 

Silvercorp Metals Inc (TSE:SVM) (NYSEAMERICAN:SVM) (FRA:S9Y), the China-focused miner, has told investors it expects to meet its annual production guidance for fiscal 2022, despite a decline in output for its fiscal first quarter to end-June this year. Silvercorp said it expects to churn out between 6.3 million and 6.6 million ounces of silver, and between 65.7 million and 68.9 million pounds of lead, along with 26.9 and 28.5 million pounds of zinc for the year to March 31, 2022. Across its operations, the company mined 231,235 tonnes in the first quarter of fiscal year 2022, which was down 9% compared to fiscal 1Q 2021.

PsyBio Therapeutics Corp (CVE:PYSB) (OTCQB:PSYBF) (FRA:PSYB) has announced its uplisting to the OTCQB Venture Market on July 14. Shares of the Ohio and Florida-based psychedelics company will trade on the US exchange under the symbol ‘PSYBF.’ PsyBio CEO Evan Levine called the move “an important milestone towards broadening our market presence across the United States as we engage with this significant shareholder audience."

Cloud DX Inc (CVE:CDX) (OTCQB:CDXFF), a North American provider of virtual care and remote patient monitoring solutions said its shares have commenced trading on the OTCQB Venture Market. A leading market for early-stage and developing companies, the OTCQB is operated by the OTC Markets Group Inc. To be eligible to trade on the OTCQB, companies must be current on disclosure obligations, provide an annual company verification and management certification process, and pass a minimum bid price test. Effective today shares of Cloud DX will begin trading under the symbol CDXFF.

Gevo, Inc. (NASDAQ:GEVO) has announced that it will host a conference call on Thursday, August 12, 2021, at 4.30pm. EDT (2.30pm MDT) to report its financial results for the second quarter ended June 30, 2021 and provide an update on recent corporate highlights. To participate in the conference call, investors can dial 1 (833) 729-4776 (inside the US) or 1 (830) 213-7701 (outside the US) and reference the access code 2267135# or through the event weblink: https://edge.media-server.com/mmc/p/8w4ypxhw. A replay of the call and webcast will be available two hours after the conference call ends on August 12, 2021. To access the replay, investors can dial 1 (855) 859-2056 (inside the US) or 1 (404) 537-3406 (outside the US) and reference the access code 2267135#. The archived webcast will be available in the Investor Relations section of Gevo's website at www.gevo.com

Trillion Energy International Inc. (CSE:TCF) (OTCMKTS:TCFF) (FRA:3P2N) has announced that its 2021 Annual Meeting of Stockholders has been adjourned to July 21, 2021. When the Annual Meeting was convened on July 7, 2021, the company determined that only about 48% of the outstanding shares had been voted and a large percentage of the company’s shareholders might not have received the company’s proxy materials. The company adjourned the Annual Meeting to allow additional time for the company to solicit votes to establish a quorum and more time for shareholders to vote on the proposals described in the company’s proxy materials. The adjourned Annual Meeting will be reconvened on July 21, 2021, and will be held virtually at www.virtualshareholdermeeting.com/TCFF2021. Investors will need to provide their 16-digit control number that is on the proxy card to gain access to the Annual Meeting.

Gatling Exploration Inc (CVE:GTR) said the TSX Venture Exchange has accepted for filing documentation pertaining to a mineral property acquisition agreement dated May 26, 2021, between the company and 2362516 Ontario Inc. (Albert Contardi), whereby the company can acquire a 25% interest in certain mining leases on the western portion of the Larder property, known as the Swansea zone. On closing, the company will hold a 100% interest in all mining leases and claims on the property. Under the terms of the agreement, the company will acquire the lease interest by issuing 150,000 shares. A third party holds a 6.25%t net smelter return royalty on the property underlying the lease interest. The maximum amount payable under the royalty is $275,000.

Endeavour Mining PLC (LON:EDV) (TSX:EDV) has said it will release its Q2 and interim 2021 financial results on Wednesday 4 August, before the London market open. Management will host a conference call and webcast on the same day, Wednesday 4 August, 2021, at 8.30am ET / 1.30pm BST to discuss the financial results. The webcast can be accessed through the following link: https://edge.media-server.com/mmc/p/j5h3ojje .Analysts and investors are also invited to participate and ask questions using the following dial-in numbers: International: +44 (0) 2071 928338; North American toll-free: +18778709135; UK toll-free: +44 (0) 8002796619; Confirmation Code: 2858954. The conference call and webcast will be available for playback on Endeavour's website: https://www.endeavourmining.com/

Victory Square Technologies Inc. (CSE:VST) (OTCMKTS:VSQTF) (FRA:6F6) has announced that it will be featured as a presenting company at the upcoming SNN Network Summer Virtual Event 2021, Sidoti Summer Virtual Microcap Investor Conference 2021 and Q3 Virtual Investor Summit. The conferences will take place virtually and be held from August 17 to 19, 2021. Shafin Diamond Tejani, chief executive officer, and Vahid Shababi, chief growth officer of Victory Square Technologies, will provide an overview of the company's business during the presentations. Management will also be participating in virtual one-on-one meetings throughout the events, which run from August 17, 2021 through August 19, 2021. To book 1on1 investor meetings with Victory Square Technologies, and to attend the events to watch Victory Square’s presentation, investors should make sure they are registered for the virtual events via: Q3 Virtual Investor Summit - https://investorsummitgroup.com/; SNN Network Summer Virtual Event - https://conference.snn.network/; Sidoti Summer Virtual Microcap Investor Conference - https://www.sidoti.com/conferences-events. 1on1 meetings will be scheduled and conducted via private, secure video conference through the conference event platforms. Victory Square also announced that it has retained Digitonic Ltd., an arm's-length party to the company and a leading investor relations and mobile marketing firm based in Glasgow, Scotland, to provide marketing services focused on the North American markets. Under the agreement, Digitonic is to provide content creation, distribution, and advertising services in North America. The company has agreed to pay the service provider up to US$25,000 per week over a six-week period.

Planet 13 Holdings Inc. (CSE:PLTH)(OTCQX:PLNHF), a leading vertically-integrated Nevada cannabis company, has announced the results for each item of business considered at Planet 13's Annual Meeting of shareholders held on July 13, 2021. With regards to the election of directors, all those nominated received over 99% of the votes cast by shareholders. regarding the appointment of auditors, 99.7% of shares voted were in favor of re-appointing Davidson & Company LLP as auditor and authorizing the board of directors of the company to fix the auditors remuneration for the following year.

Information Services Corporation (TSX:ISV) has said it will release its financial results for the second quarter ended June 30, 2021, on Wednesday, August 4, 2021, after market close. An investor conference call will be held on Thursday, August 5, 2021, at 11.00am EST to discuss the results. Participants may join the call by dialing toll-free (844) 419-1765 or (216) 562-0470 for calls outside North America. It is recommended that participants dial in to the call 10-15 minutes before the start time to avoid long hold times or missing the start of the call. ISC encourages those who are joining the call on a listen-only basis to join the live audio webcast of the conference call which will be available on our website at www.company.isc.ca/investor-relations/events. The audio file with a replay of the webcast will be available about 24 hours after the event on the company's website at the link above. Media are invited to attend on a listen-only basis.

OTC Markets Group Inc. (OTCQX:OTCM), the operator of financial markets for 11,000 US and global securities, has announced that Ascend Wellness Holdings, Inc. (CSE:AAWH.U) (OTCQX:AAWH), a multi-state, vertically integrated cannabis operator, has qualified to trade on the OTCQX Best Market. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the US. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. "We are extremely proud to announce the commencement of trading on the OTCQX Best Market," said Abner Kurtin, CEO and chairman of Ascend Wellness. "We are excited to welcome a wider pool of retail and institutional shareholders throughout the United States the opportunity to participate in our success, which has been driven by our high-quality, strategically located vertically integrated operations and well-established flagship retail locations in high-traffic areas. We will continue to provide best-in-class disclosure, as we are the first US-domiciled MSO to complete an SEC-registered IPO with GAAP financials."

OTC Markets Group Inc. (OTCQX:OTCM), the operator of financial markets for 11,000 US and global securities, has announced that Fosterville South Exploration Ltd. (CVE:SX) (OTCQX:FSXLF), a gold exploration company, has qualified to trade on the OTCQX Best Market and has today upgraded from the Pink OTC market. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the US. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws. "We are pleased to reach the milestone of advancing to the OTCQX, which gives US-based investors enhanced tools to analyze, value and trade our securities" said Bryan Slusarchuk, CEO of Fosterville South Exploration.

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