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NA Proactive news snapshot: Stuhini Exploration, Arizona Silver Exploration, Marvel Discovery, Camino Minerals UPDATE ...

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

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Stuhini Exploration Ltd (TSX-V:STU). has acquired two mineral properties in British Columbia. In a statement, the company said the Island Property was acquired from Brixton Metals Corporation (TSX-V:BBB, OTCQB:BBBXF) for $60,000 cash and is roughly 1,277 hectares in size and contiguous with the south-central border of its Ruby Creek Property. The second acquisition is the Big Ledge Property, which Stuhini said was acquired from a company director for nominal consideration and is roughly 5094 hectares in size.

Arizona Silver Exploration Inc has picked up more claims around its Philadelphia project in Mohave County after recent high-grade drilling results highlighted the potential of the wider property. The Vancouver-based company added another 10 lode mining claims, comprising 200 acres, around the project. In a statement, Arizona Silver’s vice president of exploration Greg Hahn told investors that the new claims cover the depth extension of the Perry vein system that returned high-grade gold results a few weeks ago.

Marvel Discovery Corp announced it has completed a heliborne magnetic and time-domain electromagnetic (TDEM) survey over its Duhamel property. The company also announced that Gary Musil has tendered his resignation as company chairman and is stepping down from the board of directors due to personal reasons. The Duhamel property, located 350 kilometres (km) north of Quebec City, contains seven occurrences of nickel-copper-cobalt and one of titanium-vanadium-chromium, discovered between 1997 to 2001 by previous operators.

Camino Minerals Corp. has reported that the Los Chapitos copper project's local community of Atiquipa, Jaqui, y Yauca, and the nearby township of Chala in Peru have started to receive their first coronavirus (COVID-19) vaccinations of Sinopharm. The company said the vaccination program will benefit its operations and improve overall safety conditions, as it has hired locally to staff its housing and operations and to support and execute the current geophysical program. During the pandemic, Camino said it provided the local community with COVID-19 testing kits, financial support for ranchers to purchase feed for animals, and food packages for those infected with COVID-19. 

Logiq Inc announced the partial exercise of an overallotment option as part of its C$5.9 million initial public offering. Logic raised C$5,929,302 through the issuance of nearly 2 million units priced at C$3 per unit. Under the overallotment option, the company issued an additional 201,700 units for additional proceeds of C$605,100, bringing the total gross proceeds to C$6,534,402. Each unit in the offering consisted of one share and one warrant exercisable at C$3.50 for a 36-month period.

FSD Pharma (CSE:HUGE, NASDAQ:HUGE) Inc has announced the appointment of Anthony Durkacz as the company’s new interim chief executive officer (CEO) as well as the reinstatement of Zeeshan Saeed as FSD Pharma (CSE:HUGE, NASDAQ:HUGE)’s president. Durkacz had previously served on FSD Pharma (CSE:HUGE, NASDAQ:HUGE)’s board of directors as its co-chairman. “The Company now has the benefit of a strong board of directors who bring with them highly-relevant experience and knowledge,” Durkacz said in a statement.

PowerTap Hydrogen Capital Corp announced that it has acquired 49% of AES-100 Inc in a move that will assure the rapid global deployment of its hydrogen refueling stations. The company, which is focused on installing hydrogen production and dispensing fueling infrastructure, said the strategic move will also create attractive value for its shareholders. AES-100 owns the exclusive rights and all intellectual property pertaining to the Advanced Electrolyzer System (AES), a novel electrochemical technology that selectively recovers high purity hydrogen from dilute syngas streams. The technology was invented by T2M Global - a world leader in clean energy technology - to address the problem of hydrogen trapped in dilute syngas streams that is wasted on low-value applications.

Else Nutrition Holdings Inc (OTCQX:BABYF, TSX-V:BABY) said it has entered into the baby food space with the introduction of a nutritional plant-based baby cereals line suitable for those six months and older. The company noted the cereals are aimed to further help those families struggling with dairy intolerance, as well as those embracing plant-based living, and those unwilling to accept the overly processed formulas/nutrition products currently available.

BetterLife Pharma Inc (CSE:BETR, OTCQB:BETRF) announced that its wholly-owned subsidiary, Altum Pharmaceuticals Inc, and Pontificia Universidad Católica de Chile have obtained approval to conduct their planned randomized placebo-controlled trial (IN2COVID) on coronavirus (COVID-19) patients. The trial, which was approved by Instituto de Salud Publica de Chile, is set to start in early August. It will test BetterLife’s proprietary inhaled interferon alpha-2b (IFN-a2b) product, AP-003. 

Tribe Property Technologies Inc. (TSX-V:TRBE) has announced the renaming and rebranding of its proprietary property management and post-construction software to Tribe Home.  In a statement, the company said the name Tribe Home replaces the platform's original name, bazinga!, used since its inception in 2011 and strengthens the company's brand recognition under its Tribe portfolio of products and services. "As a company, we have built ourselves around the concept of community," said CEO Joseph Nakhla. "Our goal is to change the way people experience community living, connect with their neighbours, and interact with their homes. To do this, we need to simplify community living and all of the complexities around it. Tribe Home is the next step in the evolution and simplification of what Tribe represents. Tribe Home is community in the palm of your hand."

C3 Metals Inc, formerly Carube Copper, told investors that drilling at its flagship Jasperoide copper-gold project in Peru continues to suggest the presence of a porphyry deposit at depth. The company has posted assays from three holes, which were sunk 50 metres (m) north of previously high-grade drill intercepts reported in May this year, and included an intercept of 99.81m at a grade of 0.90% copper and 0.34 grams per ton (g/t) gold from 68.4m depth. Also encountered was 118.71m grading 1.15% copper and 0.37 g/t gold from 87.3m depth.

Empower Clinics Inc has announced a pilot program with pharmacy leader Save-On-Foods to sell its Kai Care At Home coronavirus (COVID-19) and influenza A/B saliva test kits in multiple locations across Vancouver, the Lower Mainland and the Okanagan. The integrated healthcare firm said the program will ensure its Kai Care Testing solutions are easily accessible to a wide consumer base. Even with a global return to pre-pandemic life, Empower said a reliable negative COVID-19 test is going to be essential for travel in the foreseeable future.

NEXE Innovations Inc (TSX-V:NEXE) has said customers in Canada and the US will be able to purchase its new premium espresso pods via the company website on July 29, 2021. The espresso pods mark NEXE's introduction into the single-serve coffee pod sector, a market that is valued at more than US$25 million annually. Unlike similar products available today, NEXE’s espresso pods are fully compostable, a factor that is of particular importance to NEXE.

Snowline Gold Corp has revealed its first set of drill results from the Jupiter Zone on its Einarson project that confirmed the presence of near-surface gold mineralization. Drilling at Jupiter intersected mineralization in all 15 of the holes drilled across 930 metres within a three-kilometre soil anomaly. Assay results from five of the holes include 3.96 grams per ton (g/t) gold over 7.05 metres and 4.10 g/t gold over 4 metres.

FOBI AI Inc, a provider of real-time data analytics through artificial intelligence (AI) to drive customer engagement, revealed that it has signed a binding Letter of Intent (LOI) to acquire Qples, a dominant player in the coupon industry with strong relationships with top consumer brands. The company noted that Qples is a cash flow positive business that is expected to generate around US$1 million in revenue for 2021, followed by US$2 million in 2022, prior to any impact from the acquisition. The deal is expected to be completed in August, subject to customary due diligence and exchange approvals, said FOBI. 

Soma Gold Corp has updated investors on the progress towards beginning full mining operations at its Cordero mine in Colombia, saying the Fenix portal has now reached level 2 and encountered the vein. This means mining can begin at the asset although some additional development work is needed to access the stopes and begin full mining operations. This will be completed in August this year. The Fenix portal will then also hit the vein at Level 3, which is 310 meters away and is expected to be completed in September this year.

Adcore Inc (TSX:ADCO) has announced the appointment of Oded Orgil as an independent director to the company’s board, replacing Jason Saltzman, who will continue to act as Adcore's Canadian legal counsel through the law firm Gowling WLG. Orgil is the president of the Canada Israel Chamber of Commerce and was previously a senior vice president with Canaccord Genuity (TSX:CF, LSE:CF). 

Fireweed Zinc Ltd (TSX-V:FWZ) said it has intersected significant mineralization at the Boundary Zone West target on its Macmillian Pass zinc-lead-silver project in Yukon. Initial holes drilled at Boundary West confirmed the presence of mineralization both along strike and down dip from a 2020 discovery of 4.22% zinc, 0.34% lead and 25.6 grams per ton (g/t) silver over 76.5 metres, according to Vancouver-based Fireweed. The company said that the intersections confirmed significant widths of both laminated sphalerite-galena-pyrite-barite mineralization and massive pyrite-sphalerite-galena mineralization, located 75 metres and 210 metres down-dip, respectively.

BioHarvest Sciences Inc. (CSE:BHSC, OTC:CNVCF) said it has appointed top-ranked law firms DLA Piper and GOWLING WLG to assist it in fulfilling all required compliance mandates and regulatory approvals to produce and commercialize cannabis and hemp products in the US and Canada. In a statement, the Vancouver-based company said retaining legal counsel with experience and expertise in the US and Canadian cannabis and hemp industries has become a priority as the company advances its BioFarming technology to create cannabis and hemp products The technology is the first and only industrial-scale plant cell technology capable of producing active plant ingredients without the necessity to grow the plant itself. The company expects to commercialize its first cannabis-based products in the first half of 2022.

Western Magnesium Corporation is moving closer to realizing its plans to produce low-cost, green magnesium metal, saying its commercialized pilot plant was now undergoing the final build-out. The company said testing would begin on its proprietary new reactor within the next 30 days. 

Tocvan Ventures Corp said it has received the results from four drill holes that were part of the Phase II drill program at the Pilar Gold-Silver Project in Sonora, Mexico. The Phase II drill program was completed in June with over 3,500 meters (m) of reverse circulation (RC) drilling in 20 drill holes. Highlighted in the statement was drill hole JES-21-53, which returned 15.3m at 1.1 grams per ton (g/t) gold. The company targeted an area described as 4-Trench, where a new mineralized trend 500m long was identified. 

Endexx Corporation revealed that its recently-released BLESSWELL line of CBD-infused men's grooming items, in partnership with Grammy Award-winning artist DJ Khaled, has signaled “strong promise” in the CBD wellness sector within the first months of its debut. In May this year, Endexx and DJ Khaled, joined forces to launch BLESSWELL to equip men with the tools they need to achieve their healthiest summertime skin and hair. The company said early reviews of the BLESSWELL collection have exceeded expectations, with men finding that the products perform exceptionally well for their daily face, body, and skincare regimens. Endexx noted that the BLESSWELL CBD-infused men’s grooming line has been featured in publications such as Forbes, Oprah Daily, Yahoo, Men’s Health, PEOPLE Magazine, while also receiving airtime on a recent episode of the Jimmy Kimmel Show, in which DJ Khaled reminded viewers to “BLESSWELL or Time Will Tell.”

DGTL Holdings Inc said its wholly-owned subsidiary Hashoff LLC has signed a new social media content services contract with one of the fastest-growing cryptocurrency trading platforms worldwide. London-based Hashoff's newest key account is a European-based cryptocurrency trading platform that leverages tokenized assets onto proprietary technology. DGTL said the initial campaign for this new key account will focus on enhancing new user account conversion rates in the US by engaging Hashoff to activate top-ranked social media content publishers to demonstrate the cryptocurrency platform to a new US-based audience. 

First Mining Gold Corp has announced the commencement of a second phase drill program at its Pickle Crow gold project in northwestern Ontario. The 50,000 metre (m) program follows the strong results obtained in an initial 45,000m program completed by joint venture partner Auteco Minerals Ltd in 2020 and 2021. Pickle Crow is one of Canada's highest-grade historical gold mines. It operated from 1935 until 1966, during which time it reportedly produced almost 1.5 million ounces of gold at an average grade of 16.14 grams per ton (g/t).

Dalrada Corporation named three new directors Bijan R Kian, Jose Arrieta, and Kyle McCollum to its board, as the diversified group enters a new growth phase with many global initiatives. With a global footprint in Malaysia, UK, India and the US, the San Diego, California-based diversified group holds a portfolio of subsidiaries comprising early-stage high growth businesses. In a statement, Dalrada CEO Brian Bonar said: “Dalrada is excited to report new growth with its Board of Directors that expands and accelerates the company’s global initiatives in engineering and technology, health, and clean energy.” 

Phunware, Inc. said it has engaged Steve Grasso of Grasso Global, Inc., to support its expanded investor relations program initiatives, including both institutional investor outreach and other consulting services. “Phunware has a compelling opportunity to lead a transformational market shift as brands look to leverage mobile platforms to personalize customer engagement,” said Grasso. “I’m excited to not only help introduce Phunware to more institutional investors, but also to strategize with management on how to most effectively navigate the financial markets.”  For over 20 years, Grasso has worked with the largest mutual funds, pension funds, insurance companies and hedge funds, providing real-time trading advice and services. Grasso’s achievements in trade have made him a recognized and respected voice across global financial markets. “Our primary job is to maximize shareholder value and we are confident that working closely with Steve and his team at Grasso Global will help us do just that,” said Matt Aune, CFO of Phunware. “Steve’s trade competencies and connections with institutional investors makes him an invaluable addition to our investor relations team.”

Exro Technologies (TSX-V:EXRO, OTCQB:EXROF) Inc, the power solutions cleantech group, continues to grow and has announced its US headquarters will be in the city of Mesa in the state of Arizona, which is a hub for automotive research and development. From its 5,000 square foot (sq ft) facility, Exro will carry out testing to optimize electric vehicles (EVs) of all types, from scooters, buses to e-bikes. It plans to hire 50 employees over the next 18 months. Arizona is a leading US state for cutting-edge research in mobility technology, and its calm winds and wide temperature range allows for more testing on roads.

Karora Resources Inc said its senior management will host a conference call/webcast on August 9, 2021 at 10 AM ET to discuss the company's second quarter 2021 results. North American callers please dial: 1-888-664-6392. Local and international callers please dial: 416-764-8659. Webcast link: https://produceredition.webcasts.com/starthere.jsp?ei=1483790&tp_key=a8e5683dcb. Karora noted it plans to issue a news release containing second quarter 2021 results before markets open on Monday, August 9. 

SoLVBL Solutions Inc. (CSE:SOLV) said it has settled aggregate indebtedness of $265,800 under debt settlement agreements with six creditors by issuing an aggregate of 4,430,000 units of the company. In addition, SoLVBL also settled indebtedness under a debt settlement agreement with a creditor by issuing an aggregate of 500,000 common shares of the company. SoLVBL also announced that it has entered into a one year marketing agreement with LDJ Consulting Inc., a Toronto, Ontario-based marketing consulting company beginning in July 2021 and ending in July 2022. The company is prepaying the marketing fees to LDJ and intends to issue 500,000 common share purchase warrants to LDJ at an exercise price of $0.12 per common share exercisable for a period of 24 months from the date of issuance. The warrants and the securities underlying the warrants will all be subject to a four-month and one-day statutory hold period commencing on the date of issuance. Raymond Pomroy, SoLVBLs CEO commented: "LDJ has an extensive network throughout North America, particularly among the millennial and the female demographics. SoLVBL is excited to tap into the millennial and female investor groups. We look forward to working with LDJ to bring our story to these new group of investors." SoLVBL has also entered into a one-year consulting agreement with an arm's length individual for business development services, and the company agreed to issue 500,000 warrants at an exercise price of $0.12 per common share exercisable for a period of 24 months from the date of issuance. The warrants and the securities underlying the warrants will all be subject to a four-month and one-day statutory hold period commencing on the date of issuance.

LQwD FinTech Corp. (TSX-V:LQWD) said that it has filed a preliminary short form base shelf prospectus with the securities commissions in each of the provinces and territories of Canada, except Quebec. When final, the Shelf Prospectus will allow LQwD to offer and issue up to $50 million of common shares, warrants, subscription receipts, units, debt securities, or any combination of such securities during the 25-month period that the shelf prospectus is effective. The securities may be offered separately or together, in amounts, at prices and on terms to be determined based on market conditions at the time of sale, which will be set forth in a prospectus supplement to be filed. The company said it is filing the shelf prospectus to maintain financial flexibility as it advances the development of the Lightning Network but has no immediate intentions to undertake an offering.

AEX Gold Inc (AIM:AEXG, TSX-V:AEX, FRA:2NQ). has announced that on July 26, 2021, it was informed that Livermore Partners LLC, a company in which David Neuhauser, non-executive director of AEX, is managing director, acquired a total of 128,300 common shares of no par value in the company for an average price of $0.54.

Altaley Mining Corporation (TSX-V:ATLY) has launched a new corporate website. The new site features a clean and responsive modern design, simplified usability, functionality, alongside easy access to essential information about Altaley and its projects. Meanwhile, the company will host a live investor summit on August 10 at 11:45 am PST. CEO Ralph Shearing will be presenting at the John Tumazos Very Independent Research Conference where he will discuss and provide updates on the company's two projects, including Campo Morado's second-quarter 2021 production update, construction progress at its Tahuehueto Project, and outline the company's short- and long-term plans during the webinar.

Chesapeake Financial Shares, Inc. said that at its meeting on July 16, 2021, the company's board of directors approved a dividend of $0.13 per share to shareholders of record as of September 1, 2021, payable on or before September 15, 2021.

VR Resources Ltd (TSX-V:VRR, OTCQB:VRRCF) said the TSX Venture Exchange has accepted for filing documentation with respect to its non-brokered private placement announced May 11, 2021, which will see the issue of 1,190,476 flow-through shares at a purchase price of 42 cents each and 1,428,571 non-flow-through shares at a purchase price of 35 cents each, together with 714,285 share purchase warrants attached to non-flow shares with an exercise price of 55 cents for an 18-month period, with two placees.

Organic Garage (TSX-V:OG, FRA:9CW1) Ltd. said it will hold its annual general and special meeting of shareholders on July 28, 2021, at 3.30pm EST by telephone only in light of ongoing concerns related to the spread of coronavirus (COVID-19), and in order to mitigate potential risks to the health and safety of its shareholders, employees, communities and other stakeholders. Shareholders may call into the meeting using the following number: 1-888-892-3255, toll-free.

TPCO Holding Corp. - The Parent Company (OTCQX:GRAMF, NEO:GRAMU) - has announced it will report financial results for the second quarter ended June 30, 2021, on Monday, August 16, 2021, after the market close. The company will host a conference call to discuss the results at 5.00pm. Eastern Time on the same day. Webcast: https://produceredition.webcasts.com/starthere.jsp?ei=1483225&tp_key=c21b001932. Dial-in details: 1-(888)-664-6392; conference ID 26533062. Replay details: 1-(888)-390-0541 or 1 (416)-764-8677, available until 12:00 midnight Eastern Time Monday, August 23, 2021; replay code: 53306

 First Cobalt (TSX-V:FCC, OTCQX:FTSSF) Corp. has announced that its president and chief executive officer, Trent Mell will present live at VirtualInvestorConferences.com on July 27, 2021, at 3.00pm ET via the following link: https://bit.ly/3hGKd6Z. Mell will provide an update on the company's Refinery Project in Canada, its longer-term ambition for a Battery Park as well as its Iron Creek cobalt-copper project in Idaho, USA.  This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event. Investors can learn more about the event at www.virtualinvestorconferences.com

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