A glance at some of the day’s highlights from the Proactive Investors US and Canada newswires
Inc (NASDAQ: CLXT), a plant-based technology company based in Minnesota, announced Wednesday that it has appointed Sarah Reiter as vice president of business development. Reiter will drive new business opportunities at Calyxt to support the company’s recently announced go-to-market strategies. With more than 25 years of expertise in agribusiness, Reiter most recently served as the chief commercial officer of () where she led the company’s commercial and product portfolio strategies and sales to consumer-packaged goods companies globally.
Micron Waste Technologies Inc () () revealed that its subsidiary Micron Technologies Inc, a producer of personal protective equipment in Canada, has shipped its first order of three-ply medical grade face masks to a lower mainland British Columbia municipality and has submitted bids to provincial government tenders. The Vancouver-based company said the three-ply medical mask manufacturing assembly line, which makes both blue and black face masks, is operating at “maximum efficiency.” Micron Technologies president Harvey Sidhu pointed out that there is a current shortage for medical-grade masks in North America that the company hopes to fill. Micron has submitted several provincial government bids that it believes are “very competitive” and it hopes to be successful with these bids.
Arizona Silver Exploration Inc () (OTCMKTS:AZASF) announced Wednesday that drilling is set to resume at the company’s Philadelphia gold-silver project in Mohave County, Arizona. A core drill rig is on site and the crew should return from break next week, the company said, and a reverse circulation (RC) drill rig will mobilize to the site next week. The exploration drilling is focused on testing the down dip extensions of the high grade gold-silver mineralization intersected in the company’s most recent round of drilling. A total of 10 holes are currently planned in this next round of drilling, the company said.
HPQ Silicon Resources Inc (CVE:HPQ) (OTC:URAGF) subsidiary HPQ Nano Silicon Powders, which is developing the PUREVAP Nano Silicon Reactor with PyroGenesis Canada Inc (), plans to add a carbon coating to the spherical nano silicon powders and nanowires as they are being created, the companies announced Wednesday. Combining the carbon coating process into the same operation cycle that produces the silicon materials, the low-cost transformation of metallurgically produced silicon into spherical silicon nano powders or nano wires, could be game changing for the industry, the company said.
Karora Resources Inc () (OTCMKTS:KRRGF) reported Wednesday its fifth consecutive quarter of strong gold production since the miner acquired the Higginsville operation in Western Australia in the summer of 2019. For the third quarter ended September 30, 2020, output was 24,717 ounces of the yellow metal from the Beta Hunt mine and accompanying Higginsville asset, and of those 22,912 ounces were sold. The lower figure was due to timings of delivery to the mint in Perth. Notably, the group added C$17 million to its cash balance during the quarter, bringing the total to C$67.3 million in the end of September, 34% higher than in June this year.
Company Ltd () (FRA:IRLB) reported preliminary revenue of US$7.6 million in its third-quarter to September 30. The revenue was as a result of the sale of 3,933 gold equivalent ounces in the quarter, the company said. In the year to date, Nomad has seen 13,917 of its attributable gold-equivalent ounces sold. Gold-equivalent ounces delivered to Nomad in the third quarter came to 3,769, while in the year to date, the figure was 13,021 ounces.
() will host a webinar with Oculogx to discuss how fulfillment operations can be optimized for increased efficiency and productivity by using Vuzix Smart Glasses running the Oculogx software. Vuzix said the webinar on October 22 at 2 pm ET will provide an overview of the Oculogx Ocx One hands-free order fulfillment software, which officially launched in September, review a successful customer case study, and demonstrate how Vuzix Smart Glasses are designed and built for hands-free operations within the retail environment.
() (OTCQB:VLMGF) said it has commenced the first phase of a three-phase drill program at its Silver Cliff property in Colorado. The exploration company, which has a portfolio of silver and gold properties in the Western US, said its 2020 drill campaign has three objectives; to expand the previously defined Kate resource (KSR), further outline the South Kate high-grade zone, and test new targets.
ImagineAR Inc () (OTCQB:IPNFF), an augmented reality company that enables businesses to instantly create their own mobile phone AR campaigns, has announced the signing of a reseller agreement with Sticky Media, a digital and physical sign manufacturer in Montreal. Sticky Media has had more than 1,500 clients in the last 15 years, including Psycho Bunny, Vans, Dominos and Pajar, ImagineAR said in a statement Wednesday. ImagineAR CEO Alen Paul Silverrstieen noted that Sticky Media is one of the leading signage companies in Canada and “well-positioned to market AR to their new and existing clientele.”
Mandalay Resources Corporation () () (FRA:R7X2) has raised its guidance for full-year gold-equivalent ounce production across its mines, thanks to a very strong performance from its Australian operation in the third quarter. In the three months to end-September, the miner produced 22,793 saleable gold ounces from Costerfield in Australia, together with Björkdal in Sweden, which was the best quarterly consolidated result since the fourth quarter of 2017. It was also the fourth consecutive quarter-over-quarter improvement in consolidated saleable gold production.
Medallion Resources Ltd () (OTCPINK:MLLOF) said it is narrowing down the right location for its planned rare-earth element (REE) production facility in North America, having now identified and ranked a range of regions. Consulting has completed a study to identify the most suitable locations, and while its results are confidential, US states with access to the Gulf Coast have many advantages, the firm told investors in a statement on Wednesday. Medallion has developed a process to achieve low-cost, rare-earth element (REE) production by exploiting monazite, which is widely available as a by-product from mineral sand mining.
() (FRA:ZGV3) has signed a joint development agreement with TOTAL Valley, part of the oil giant’s polymers division, to produce renewable isoamylene, the company announced Wednesday. Isoamylene is used in a wide set of applications, including resins, pesticides, flavors and fragrances, pharmaceuticals, healthcare products, adhesives, antioxidants and UV stabilizers, the company said.
Mawson Gold Ltd () (OTCPINK:MWSNF) (FRA:MXR) said Wednesday that it has struck an amended and restated option agreement linked to its Whroo joint venture with Nagambie Resources Limited (NAG:ASX) (FRA:P6C) covering 199 square kilometres of exploration tenure in the Victorian goldfields of Australia. Mawson Gold CEO Michael Hudson said: “The Whroo JV adds another significant epizonal goldfield to join our Redcastle and Sunday Creek interests and increases our Victorian portfolio by 73% to 471 square kilometres. The Whroo historic goldfield extends over 9 kilometres, and was mined during the mid-1800s to early 1900s with minimal modern-day exploration.”
International Montoro Resources Inc () (OTCMKTS:IMTFF) (FRA:O4T1) announced on Wednesday that it has acquired an additional 1,200 hectares of land in a cash-and-stock deal on the western boundary of ‘s Valentine Lake project boundary, in Central Newfoundland. The Vancouver, Canada-based resource company acquired the project for $10,000 cash, 350,000 shares and 350,000 warrants exercisable at $0.12 each. The vendor will retain a 2% net smelter return (NSR) with an agreed 1% buyback for $1 million. Montoro said its landholding has now increased to 7,800 hectares along the Exploits subzone and covers “a large highly prospective” structural zone. CEO Karim Rayani said Newfoundland is North America’s “hottest exploration region” and there is a staking boom happening.
Heritage Cannabis Holdings Corp () () (FRA:2UE) announced Wednesday that it has named medical cannabis executive Umar Syed as its new president of US and international medical products. Syed was CEO of Opticann Inc, a cannabinoid company that Heritage acquired earlier this month. Before that, he served as senior vice president of corporate development at , a medical cannabis company that was bought by Aurora Cannabis Inc (TSE:ACB) (NYSE:ACB) (FRA:21P1) for $3.2 billion in 2018.
(), a lithium-ion battery recycling technology and advanced extraction company with extensive mineral resources in Nevada, announced Wednesday that David Batstone has been appointed to its board of directors. Batstone currently oversees the company’s impact investing strategy that aims to power the clean energy economy and his appointment comes as the firm is in the process of changing its name to American Battery Technology Company (ABTC).
The group noted that Batstone is the co-founder and president of the Not For Sale and co-founder and managing partner of Just Business that are behind the success of Relocity, Rebbl, and other companies that leverage business success to address human trafficking, climate change, and greater access to economic opportunity for all.
Goldseek Resources Inc () () announced Wednesday the completion of an induced polarization (IP) geophysical ground survey on selected targets of the Bonanza property at Urban Barry in Quebec. The previously completed soil survey defined three main targets on the Bonanza property, with additional anomalies to be further investigated. Target 1 and the western part of Target 2 have been investigated during this IP survey.
Company Ltd () (FRA:IRLB) reported preliminary revenue of US$7.6 million in its third-quarter to September 30. Shares in this new royalty and streaming group began trading on the Toronto Stock Exchange in May this year after a reverse takeover, which saw it acquire the royalty portfolio of and streaming assets from Orion Resource Partners, via two vend-in deals.
. () (NYSEAMERICAN:MTA) said that, further to its news release dated September 16, 2020, it has completed the previously announced acquisition of a 27.5% price participation royalty interest on Karora Resources Inc’s () operating Higginsville Gold Operations for a total consideration of US$6,500,000 satisfied by the issuance of 828,331 Metalla common shares to Capital Group Inc. (), representing US$6,500,000 million in value based on the 15 trading day volume-weighted average price of the shares on the NYSE American exchange as of market close on October 9, 2020. Higginsville is a low-cost open-pit gold operation in Higginsville, Western Australia, located less than 100 kilometres south of the Kalgoorlie Super Pit. Higginsville has been in intermittent production since 1990, producing more than 1 million ounces of gold from the expansive 180,000 hectares property package. The royalty covers the core part of the property with the majority of all the active operations and near-term development projects spanning 28,300 hectares.
Inc. (CVE:EXRO) (OTCQB:EXROF) said it has granted incentive stock options to certain directors, officers, employees and consultants to purchase an aggregate of 2,618,000 shares in the capital of the company at a price of $3.15 per share, expiring five years from the date of grant, under the terms of its stock option plan. All of the options are subject to vesting provisions, and any shares issued upon exercise of an option will be subject to a hold period of four months and one day from the date of grant.
Limited (NYSE AMERICAN:VNRX) has announced further details of the virtual capital markets day event it will host on Tuesday, October 20, 2020, starting at 8.00am Eastern Time. Reynolds, president and chief executive officer of Volition, will host the live-streamed event along with other members of the group’s executive management team. The presentation will focus on new data, and the launch and commercial roll-out of the company’s first product, the Nu.Q Vet Cancer Screening Test, which is on target for a launch this year and will also provide an update on recent developments and Volition’s activities, including new and ongoing clinical trials. Dr Heather Wilson-Robles, Professor at Texas A&M University and Chief Medical Officer of Volition Veterinary Diagnostics Development LLC will present the product launch data for the Nu.Q Vet Cancer Screening Test; Dr Gaetan Michel, Chief Executive Officer of Belgian Volition SPRL and Volition Veterinary Diagnostics Development LLC will discuss the Nu.Q Vet Cancer Screening Test launch and roll-out plan; and Dr Jason Terrell, Chief Medical Officer of Volition will present new clinical data for our Nu.Q platform in human blood cancer studies and discuss new and ongoing clinical trials. To join the event live investors can register here: https://us02web.zoom.us/webinar/register/WN_Z3VL1QlNSs6EMKgvn9jdig. A recording of the event will be posted to the Volition website on Wednesday, October 21.
1933 Industries () has said it will be presenting at the Benzinga Cannabis Capital Conference taking place on October 15, 2020. The conference will feature an interactive forum of live presentations from top CEOs, investors, and leaders in the cannabis space. Don’t miss this opportunity to connect with THE cannabis movers and shakers from across the globe. Investors can sign up to get a free spectator pass for the event at: https://events.benzinga.com/register-ccc-october
MagicMed Industries (PRIVATE) has said it will be participating in the Gravitas Technology and Diversified Investor Day taking place virtually this Thursday, October 15, 2020. The company is scheduled to present at 10,45am EST on Thursday, October 15, 2020. The Gravitas Technology and Diversified Investor Day will feature several leaders in Technology and Diversified industries and will be attended virtually by institutional and retail investors from North America and abroad. For further details or to register, please click here: https://us02web.zoom.us/webinar/register/WN_-Vv-nQnaQSiVJ7dGZxF3VA
(), the operator of financial markets for over 11,000 US and global securities, has announced that Group PLC () (OTCQX:CLLLF), a software and telecommunication company, 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 qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Simon Cleaver, CEO, commented: “I am delighted to bring to the OTCQX Best Market. For some considerable time we’ve been attracting the attention of U.S. investors and I hope to accelerate this trend by making it easier for them to find research and trade. For any investor that wants to understand more about and why our platform is so relevant for businesses with staff working from home, we will be hosting a virtual Capital Markets Day (Investor Day) event on 22nd October. Simply visit https://www.cloudcall.com/capital-markets-day/ to register.”