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NA Proactive news snapshot: Alpine 4 Holdings, EVmo, Recruiter.com Group, Belmont Resources, HempFusion Wellness 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

Alpine 4 Holdings Inc, a leading operator and owner of small market businesses, said its 2Q revenue growth was up 63% quarter-over-quarter. The company also reported its consolidated gross profit dollars also grew by 425% during the three-month period.  Alpine 4 credited the uptick to its organic growth as well as strategic acquisitions the company made. According to the release, organic growth from existing subsidiaries grew at a record rate of 13.86% over Q1 2021. “This growth was in part led by our subsidiary, Quality Circuit Assembly, Inc. (QCA), which grew by 18.82% in Q2 over Q1 and was driven by strong demand from our electric car, truck, and health tech customers.” 

EVmo (OTC:YAYO), Inc said it will host a conference call and webcast on Tuesday, August 17, at 4:30 pm ET to answer questions about the company's operational and financial highlights for its second quarter ended June 30, 2021. To participate, call: +1-877-407-0784 (U.S. Toll-Free) or +1-201-689-8560 (International). For interested individuals unable to join the conference call, a dial-in replay of the call will be available until August 31, 2021 and can be accessed by dialing +1-844-512-2921 (U.S. Toll Free) or +1-412-317-6671 (International) and entering replay pin number: 13722535. The webcast can be viewed here.

Recruiter.com Group, Inc has announced a 38% sequential increase in its second-quarter 2021 revenue to $4.4 million, which the company attributed primarily to a rise in its Recruiters on Demand business and the introduction of software subscriptions. “In our first quarter as a Nasdaq listed company, Recruiter.com continued its rapid growth trajectory, with revenues rising 38% quarter-over-quarter and 81% year-to-date,” Recruiter.com CEO Evan Sohn said in a statement. “We are excited to report that our on-demand recruiting service grew 88% quarter-over-quarter, showing clear market demand. We expect strong growth throughout the second half of 2021 and beyond, as we advance our mission of revolutionizing recruiting and talent acquisition into a rapid, on-demand service,” Sohn added.

Nova Royalty Corp said it has signed a royalty purchase agreement with Macocozac to acquire an existing 1% net smelter return royalty on the Aranzazu copper-gold-silver mine in Zacatecas, Mexico. The deal will see Nova pay a total of $9 million, of which $8 million is in cash and $1 million in common shares.

Belmont Resources Inc has released an update for its recently acquired Lone Star copper-gold project situated in the Republic mining camp of Washington State. Home to a past-producing mine, Belmont plans to conduct a 3,000-metre drill program at the Lone Star copper-gold deposit to define additional resources, as well as increase the measured resource ahead of a possible future Preliminary Assessment, Scoping or Feasibility Study. Lone Star falls in line with Belmont Resources’ strategy of acquiring and re-developing past-producing copper-gold-silver mines in southern British Columbia and Northern Washington State.

HempFusion (TSX:CBD.U, OTCQX:CBDHF) Wellness Inc, a CBD company utilizing the power of whole-food hemp nutrition released its 2Q 2021 financial results featuring significant growth in some key areas. The second quarter of the year saw a 25% increase in revenue, at over $1.2 million compared to $983,496 in Q1 2021. The revenue boost was also 84% higher than 2Q 2020’s $670,728. The specialty hemp company also noted the three-month period saw direct-to-consumer e-commerce sales climb 37% to $334,322 from $244,255 in 1Q.

Pure Gold Mining Inc said it has achieved a new monthly production record of about 3,730 ounces of gold mined in July from its PureGold Mine in Red Lake, Ontario, a 38% improvement compared to the second-quarter average. The company also noted that production at its Red Lake operations is expected to increase in 2022, with “significantly” lower cash costs and all-in sustaining costs (AISC), driven by higher grades and throughput coupled with decreased investment in capital development and other sustaining capital programs. “I am proud of the consistent progress we’ve made and of the key milestones achieved in ramping up the PureGold Mine in 2021, highlighted by the recent declaration of commercial production as of August 1, 2021,” Pure Gold Mining CEO Darin Labrenz said in a statement.

Canada Silver Cobalt Works Inc said it will begin commissioning the secondary crushing circuit at its Temiskaming Testing Labs (TTL) bulk processing facility in Cobalt, Ontario. Based in the Northern Ontario Silver-Cobalt District, Canada Silver Cobalt is focused on exploration and project development, as well as technology and the environment. The firm recently acquired the TTL assay laboratory and bulk sampling/processing facility, which was a government-run facility for several decades serving many of the area’s silver mining companies.

PowerTap Hydrogen Capital Corp has provided an update on its technology for producing low carbon intensity blue hydrogen and how it is consistent with the definition of clean hydrogen in the draft US Infrastructure Bill. As previously reported, the company, through its wholly-owned subsidiary, PowerTap Hydrogen Fueling Corp., intends to use renewable natural gas (RNG) - a biogas from dairy farms and biomethane from landfills - blended with fossil fuel natural gas as a feedstock in its modular on-site hydrogen production and dispensing system to produce blue hydrogen. PowerTap Hydrogen Fueling's team anticipates that by applying its technology to produce hydrogen from existing pathways using California Air Resources Board (CARB) methodology, a carbon intensity (CI) of zero (0) grams (g) CO2 per megajoule (MJ) or lower could be achieved.  The importance of a 0 or lower CI is that PowerTap aims to produce and dispense hydrogen with a zero or lower carbon footprint as the world moves to lower carbon footprints toward slowing or arresting the impacts of climate change.

Global Energy Metals Corp (TSX-V:GEMC) said its partner, Metal Bank Limited has started the planned drilling activities in conjunction with a six-month exclusive option to earn-in and joint venture the Millennium copper, cobalt and gold project in Mount Isa, Queensland. The deal will see Metal Bank earn-in up to an 80% interest in the polymetallic property. Part of the drill program will consist of two reverse circulation (RC) holes for a total of 195 meters (m) to be completed in the southern project area for resource validation and extension.

CO2 GRO Inc (TSX-V:GROW, OTCQB:BLONF) has announced a commercial feasibility study of its CO2 Delivery Solutions system in Japan for an unnamed high-tech controlled environment agriculture (CEA) grower. The feasibility will be carried out in a section of one of the Japanese firm's commercial greenhouses for up to 12 months, particularly focused on assessing the system's impact on life cycle acceleration, increased biomass growth and CO2 usage. "This is our first Japanese project to showcase our CO2 Delivery Solutions benefits," noted CO2 GRO's vice-president (VP) of sales and strategic Alliances, Aaron Archibald.

Gevo, Inc. said it has published IMPACT, a sustainability report which demonstrates the company's mission to be transparent on its environmental, social, and corporate governance (ESG) performance. In addition to disclosing Gevo’s progress in 2020 and goals for the future, the IMPACT report shares details about the company’s holistic approach to commercializing high-value nutritional products and groundbreaking energy-dense, renewable transportation fuels. The company said the report also demonstrates Gevo’s environmental stewardship, workplace culture and social inclusivity, and internal leadership. It also fosters a deeper understanding of stakeholder needs, generates opportunities for long-term sustainable capital, and bolsters a drive for continuous improvement.

Zoglo’s Incredible Food Corp. has said it will be listing 12 plant-based food products from its new Incredible product line in over 400 Walmart Canada locations across the country. Founded in 1994, Walmart Canada is part of Walmart Inc (NYSE:WMT).'s International portfolio, with 408 retail locations including 343 Walmart Supercentres and 65 Walmart Discount Stores. Walmart Canada is one of the largest retailers in Canada with over 2.4 million daily customers at Walmart in-store and online at Walmart.ca. "We are very excited to bring Zoglo's innovative and flavourful products to Walmart customers across Canada with the purpose of eating healthier and living better," said Anthony Morello, CEO of Zoglo's in a statement.

Ketamine One (NEO:MEDI.AQN) Capital Limited (LSE:CAPD, FRA:C8D) said its wholly-owned contract research organization, KGK Science Inc has recently secured a significant amount of new business in the form of four newly signed contracts with third-party clinical research and regulatory service clients. KGK has also been formally selected to conduct the clinical trials for four other parties, the contracts of which are currently being negotiated and finalized. In July 2021, KGK either secured or is negotiating to secure over US$2.3 million of net new revenue as the backlog of business development opportunities paused due to the economic impact of the coronavirus (COVID-19) pandemic begins to be formalized.

Plurilock Security Inc. (TSX-V:PLUR) said it has received a C$672,000 multi-year purchase order from a partner on behalf of a leading overseas financial institution. This transaction represents the first purchase order in the overseas cybersecurity market to be secured by Plurilock through its Technology Division. Under the purchase order, the institution will receive a three-year subscription to Plurilock's continuous authentication DEFEND product for a fixed number of end-users. The revenue to Plurilock is expected to total C$213,978 per year for a three-year term and a one-time deployment and setup cost of C$30,072. The order also includes ongoing maintenance support.

Metalla Royalty & Streaming Ltd (TSX-V:MTA) has reported results for the second quarter to end-June 2021, noting that it was one of the most active period for acquisitions in the junior firm's history. In the first six months of 2021 and subsequently, Metalla said it closed six new acquisitions, bringing its total portfolio to 69 precious metal assets currently. This included its June purchase of an existing 1.35% net smelter return (NSR) royalty on part of the Côté gold project in Ontario, which is expected to be one of Canada's largest producing mines.

Delta 9 Cannabis Inc has reported second-quarter 2021 net revenue of C$16.8 million, a 29% year-over-year increase, as the company continued to boost its bricks-and-mortar retail and online sales efforts. Delta 9 also recorded an improvement in its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) for the period to C$1.2 million from $0.05 million during the same quarter last year.

Empower Clinics Inc has announced the launch of 'The Medi-Collective' (TMC) brand in anticipation of the opening and rollout of the company's next clinics in September. TMC is a multi-disciplinary group of medical practitioners dedicated to applying a collaborative working model with the goal of effective physical and mental community healthcare and positive wellness. "The launch of The Medi-Collective brand is a major step forward in our national clinics rollout strategy because it signals to the market that we are building a professional, unified and national brand as we prepare to launch and rollout new clinics this September and never look back" said Steven McAuley, chairman & CEO of Empower in a statement.

Mindset Pharma Inc (CSE:MSET, OTCQB:MSSTF, FRA:9DF) has taken a step further in its bid to establish next-generation psychedelic medicines to treat mental illness, announcing that three of its patent applications for candidates had been published by the Patent Cooperation Treaty (PCT). The three patent applications cover a range of the firm's so-called Family 1 and Family 2 compounds designed to deliver superior therapeutic benefits to psilocybin with lower overall metabolic and safety liabilities. "The publication of our PCT patent applications reaffirms the novelty of our approach and first-to-file advantage," James Lanthier, CEO of Mindset, told investors in a statement.

ESE Entertainment Inc. (TSX-V:ESE) said it has entered into a binding share purchase agreement to acquire 100% of the issued and outstanding shares of Auto Simulation Limited T/A Digital Motorsports, an Ireland-based provider of advanced simulation racing infrastructure, technology, and support. Under the terms of the agreement, ESE will pay  C$1,681,250 in cash on the closing of the transaction, subject to a customary working capital adjustment, plus up to 941,500 common shares of the company issuable on closing, and up to 8,473,500 common shares to be released in six equal installments every 6 months, with the first Installment being issuable on December 31, 2021.

PsyBio Therapeutics Corp. said it has filed a new provisional patent application with the United States Patent and Trademark Office (USPTO) entitled 'Methods for the Production of a Methylated Tryptamines and Intermediates or Side Products', adding additional methylated tryptamines including compounds such as N,N-Dimethyltryptamine (DMT) and associated analogs for development of potential treatments for a variety of human health conditions.  PsyBio's intellectual property portfolio now includes seven pending provisionals and one pending non-provisional patent application. The addition of methylated tryptamines with pending patent protection is focused on the potential improvement of treatments for mental health conditions including depression, anxiety and addiction, as well as other psychological and neurologic conditions.

Valeo Pharma Inc. (CSE:VPH, OTCQB:VPHIF) said it has completed implementation of its new corporate structure and launched full commercial activities in support of Enerzair Breezhaler triple therapy and Atectura Breezhaler dual therapy, two new asthma medications. The company said it is now structured into two business units, Respiratory and Specialty Products, led by industry veterans Howard Wiseman and Jean-Charles Leathead respectively. With the completion of a full national sales structure for each business unit, Valeo added, its sales team has expanded to 65 professionals out of a total of 95 full-time employees. The company has also recently expanded its head office and warehouse capacity to support its recent product launches.

Talon Metals Corp has announced a second-quarter 2021 net loss of C$2.2 million, or break even on a per-share basis, primarily as a result of administration expenses and stock option compensation. Capitalized exploration costs and deferred expenditures on its Tamarack nickel-copper-cobalt project for the quarter amounted to C$7.7 million.

Milestone Scientific Inc (NYSE:MLSS) revealed that the re-opening of dentists in the US and globally helped the medtech group post a US$2.3 million increase in revenue to US$2.4 million in its second-quarter this year compared to US$168,000 for the year earlier period. Gross profit for the three months to June 30, 2021, came in at US$1.4 million versus US$112,000 for the same quarter in 2020. The net loss was around US$2.7 million, narrower than the net loss of US$3.2 million seen in the comparable quarter in 2020. 

Electric Royalties Ltd (TSX-V:ELEC, OTC:ELECF) said it has completed a previously announced graphite royalty portfolio acquisition with Vox Royalty (TSX-V:VOX) Corp and its wholly-owned subsidiaries, SilverStream SEZC and Vox Royalty (TSX-V:VOX) Australia Pty Ltd. Under the Royalty Purchase Agreement, Electric Royalties will issue an aggregate of 7,270,408 common shares to Vox at a deemed price of $0.392 per share. The value was calculated on the 10-day volume-weighted average price of the shares on the TSX Venture Exchange prior to the date of transaction. 

C3 Metals Inc. (TSX-V:CCCM) said it has entered into a royalty purchase and assignment agreement with Rodinia Resources Pty Ltd. to purchase 1.5% of a net smelter returns royalty (NSR) on the company's Main Ridge and Hungry Gully properties located in Jamaica. The NSR Purchase Agreement replaces the original 2% NSR with a 0.5% NSR and provides the company with a right of first refusal to purchase the remaining 0.5% NSR. As consideration for the NSR Purchase Agreement, the company has paid Rodinia US$75,000 and has agreed to issue 190,062 common shares of the company at a deemed value of $0.162 per share, being US$25,000 in C3 Metals common shares calculated based on the 30-day volume-weighted average price of C3 Metals common shares on the date of the NSR Purchase Agreement. The common shares when issued will be subject to a four-month and one-day hold period in accordance with Canadian securities legislation and are further subject to TSX Venture Exchange approval. Kevin Tomlinson, C3 Metals' CEO commented: "We are pleased to be able to renegotiate the royalty arrangements as we recommence exploration over our high-grade gold and copper projects in Jamaica. Reducing the outstanding royalty on these properties will place us in a better position to advance exploration and introduce a joint venture partner should we decide to do so."

Kenorland Minerals Ltd (TSX-V:KLD). has announced that its common shares have commenced trading on the OTCQX under the trading symbol NWRCF. The company will continue to trade on the TSX Venture Exchange under the symbol KLD as well as the Frankfurt Stock Exchange under the symbol 3WQ0. Zach Flood, president and CEO, commented: "We're very excited to be trading on the OTCQX, which will expand the company's visibility and accessibility to current and prospective US and global shareholders."

Predictmedix Inc. (CSE:PMED, OTCQB:PMEDF) said it has engaged international investor relations specialists MZ Group to lead comprehensive strategic investor relations and financial communications program across all key markets. MZ Group will work closely with Predictmedix management to develop and implement a comprehensive capital markets strategy designed to increase the Company's visibility throughout the investment community.  "In the last several months Predictmedix has made exciting progress in securing tier-1 deployments of our AI-powered Safe Entry Stations - such as with Indian Oil, which employs over 33,000 people, representing an immense opportunity set," said Dr Rahul Kushwah, chief operating officer of Predictmedix. "The demand for instant, contactless and high-volume COVID testing is immense and I can confidently say that our unique product offering is head and shoulders above the competition. After COVID, public health will never be viewed the same way and we believe solutions like ours provide a long-term solution to addressing disease and intoxication in the workplace. Looking ahead, we are aggressively focused on achieving profitability through the rapid commercialization of our products in large international markets. We look forward to working with Lucas and the entire team at MZ Group to communicate the multiple avenues to drive continued, sustained growth, building long-term value for our shareholders," concluded Kushwah.

AIM ImmunoTech Inc (NYSE:AIM). has said its CEO Thomas K. Equels has been appointed to the board of directors of BioFlorida Inc., the state’s life sciences industry association. “AIM ImmunoTech Inc (NYSE:AIM). is working hard to develop potential therapies for a number of dread diseases — from deadly cancers to COVID-19 — and we’re proud to be able to do this work in Florida,” said Equels. “I’m honored to have been named as a member of the Board of Directors of BioFlorida.” BioFlorida is the voice of Florida’s life sciences industry, representing 6,700 establishments and research organizations in the biopharmaceuticals, medical technology, healthIT and bioagriculture sectors that collectively employ nearly 94,000 Floridians. Members of the BioFlorida network include emerging and established life science companies, universities, research institutions, hospitals, medical centers, incubators, economic development agencies, investors and service providers.

Sanatana Resources Inc has announced the resignation of Darcy Will, who has served as a member of its board of directors since July 2014. Sanatana said its board and management thank Will for his years of service and wished him well.

BioPorto (OTC:THOXF, NASDAQ COPENHAG:BIOPO) A/S has said that, in connection with the release of its Q2 2021 report, the company will hold an investor meeting on August 18, 2021, in Danish at 3.00pm CET and in English at 4pm CET as a conference call. Further details will be announced on www.bioporto.com, where investors can sign up for the conference call.

FansUnite Entertainment Inc (CSE:FANS, OTCQX:FUNFF). has said it will be participating in the Gravitas Titans of Tech Investor Day taking place Thursday, August 19, 2021, virtually. FansUnite's chief executive officer, Scott Burton, and president, Darius Eghdami, are scheduled to present at 11.30am on that day. Burton and Eghdami will also be fielding investor questions during the one-day virtual conference hosted by Gravitas Securities Inc. "I am looking forward to sharing our vision of becoming a global gaming company with investors at the Gravitas Titans of Tech Investor Day," said Burton. "With the closing of the recent public offering co-led by Gravitas Securities, the Gravitas Titans of Tech Investor Day is an ideal venue to communicate our progress to investors."  For additional details about the conference and Gravitas Securities Inc., investors can visit: www.gravitassecurities.com

Victory Square Technologies Inc (CSE:VST, OTCQX:VSQTF). has said its management will participate in the following investor conferences: Q3 Virtual Investor Summit, SNN Network Summer Virtual Event 2021, Sidoti Summer Virtual Microcap Investor Conference 2021, and the Virtual Gravitas Titans of Tech Investor Day 2021. 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.

DRDGOLD Limited’s results for the year ended June 30, 2021, will be released at approximately 08:00 am (SA time) on Wednesday, August 25, 2021, via SENS and the company’s website www.drdgold.com. Investors can join CEO Niël Pretorius and CFO Riaan Davel for a briefing on the results. To join a webinar presentation of the company’s results on Wednesday, August 25, 2021, at 10.30am South African time investors can register at this link: https://register.gotowebinar.com/register/6355021494485250318. Dial-in details: CANADA +1 (647) 497-9429; SOUTH AFRICA +27 11 259 4926; SWITZERLAND +41 225 4599 80; UNITED KINGDOM +44 330 221 9914; UNITED STATES +1 (213) 929-4221.

Water Tower Research has issued a note on Nasdaq-listed High Peak Energy Inc. which can be viewed via the following link: https://www.watertowerresearch.com/content/accelerating-howard-county-development/

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