Posted by AGORACOM
at 10:19 AM on Friday, March 19th, 2021
March 19, 2021 – Ottawa, Ontario – Molecule Holdings Inc. (CSE:MLCL) (CNSX:MLCL.CN) (“ Molecule ” or the “ Company ”), is pleased to announce that it has completed a non-brokered private placement offering (the “ Offering ”) of 1,000 senior secured convertible debenture units (each a “ Unit ”, collectively the “ Units “) for gross proceeds of $1,000,000.
Each Unit is comprised of $1,000 in principal amount (the “ Principal Amount ”) of senior secured convertible debenture (each, a “ Debenture ”, collectively the “ Debentures ”) and one share purchase warrant (each a “ Warrant ”, collectively the “ Warrants ”) for each $0.30 of Principal Amount, each Warrant entitling the holder thereof to acquire one common share of the Company (each a “ Warrant Share ”, collectively the “ Warrant Shares ”) at an exercise price of $0.23 per Warrant Share (the “ Exercise Price ”) (subject to adjustment) for a period of thirty-six (36) months from the date of closing of the Offering (the “ Closing ”), expiring on March 18, 2024.
The Debentures will bear interest at a simple rate of 8.00% per annum, payable quarterly in cash beginning on June 30 th , 2021, and maturing eighteen (18) months from the date of issuance, being September 18, 2022 (the ” Maturity Date “). The holders of the Debenture are entitled to convert the Principal Amount of the Debentures at any time prior to the Maturity Date into common shares of the Company at a conversion price of $0.15 (the “ Conversion Price ”), subject to adjustment.
As of the date that is four (4) months and one (1) day following the Closing Date, the Company will have a right to prepay or redeem the Principal Amount, in whole or in part, at par plus accrued and unpaid interest at any time by providing a minimum of 30 days’ and a maximum of 60 days’ notice.
Posted by AGORACOM
at 9:12 AM on Friday, March 19th, 2021
Affinity Metals Corp. (TSX-V:AFF) (FRANKFURT: 34IA) (“the Company” or “Affinity”) is pleased to provide shareholders with an update of the Company’s ongoing exploration initiatives and general corporate activities.
The Company is currently awaiting assay results related to diamond drill programs in 2020 and 2021. Assay wait times have been significantly longer this year due to COVID 19 and increased exploration activities across Canada. Assay results from the Regal Property drill program and the Carscallen Extension Project are pending and the Company expects to receive them soon. Upon receipt of the assay results, the Company’s geological team will compile, verify and interpret the information as soon as possible for public release.
Specific property updates are as follows:
Regal Property: The Regal Property is located near Revelstoke, British Columbia within the northern end of the prolific Kootenay Arc and is south east and on trend with Rokmaster Resources’ Revel Ridge project. A total of 3,442 meters over 19 holes of diamond drilling was completed on Oct. 29, 2020 and core was delivered to the lab shortly after the program was completed. Assays results are pending and are expected to be received very soon. A follow up diamond drill program is being planned and assay results will be utilized to guide additional exploration for the upcoming exploration season.
Carscallen Extension Property: The Carscallen Extension Property is located near Timmons, Ontario and immediately adjoins the Carscallen Project currently being explored under a joint venture agreement between Kirkland Lake Gold Ltd. and Melkior Resources Inc. An initial drill program commenced on Nov. 19, 2020 designed to test a large zone identified by aerial acoustic geophysics on trend with the projected extension of the Shenkman-ZamZam gold system which has been the focus of the Melkior/Kirkland Lake Gold JV. Melkior has reported that the Shenkman-ZamZam zone extends for 800 meters and is open to both the northwest and southeast, as well as at depth. High grade intercepts reported by Melkior on the Carscallen include 23.5 g/t Au over 8.0 meters (Melkior news release 28/11/2019) and 25.7 g/t Au over 6.0 meters (Melkior news release 7/5/2020). To date, three diamond drill holes have been completed totalling 1,850 meters. Initial test samples were sent to the lab while detailed logging of the core was ongoing. Further samples were identified during core logging and have also been sent for assay. Results are pending.
Windfall North Property: Affinity Metals holds a 100% owned mineral property in Quebec, Canada that adjoins Osisko’s world class Windfall Lake project claim holdings. The property resides on the Eastern portion of the prolific Abitibi Greenstone Belt.
Affinity staked the North Windfall claims based on the interpreted northeast trend of the Windfall Lake Fault from the Windfall Lake gold deposit and plans to conduct geological and geophysical data compilation in order to generate drill targets in anticipation of a diamond drill program in 2021.
Rob Edwards, CEO of Affinity Metals, remarks, “As we look into 2021 we are very excited to establish plans for further advancement of our key properties. Unfortunately, assay labs have been plagued with delays as Covid-19 and the volume of exploration has caused a drastic increase in turnaround times from what the industry is accustomed to. The delays of setting a waypoint for 2021 exploration programs will hopefully be short lived as we expect results from the 2020 exploration programs soon.
Additionally, Affinity has good neighbors with good geology surrounding its key exploration properties. Recent developments on these properties bordering Affinity’s properties seem likely to continue to provide added exposure and value to the Company and its shareholders. Specifically, on the Regal Property in BC, Rokmaster Resources has expanded its 2021 Drill Program to 10,000 meters after positive results. The Kirkland Lake/Melkior joint venture in Ontario on the Carscallen Project has been expanded to 6,600 meters of diamond drilling and in Quebec, Osisko Mining continues to prove up their Windfall Project with some extremely encouraging drill results. Affinity and its investors have so much to look forward to in 2021.”
Posted by AGORACOM
at 4:38 PM on Thursday, March 18th, 2021
99.99% of the lithium leached in solution after 5 minutes at low temperature and without applying pressure.
completed EV battery characterization for 5 car makers
Pilot Testing Next
St-Georges Eco-Mining Corp. (CSE:SX)(OTC:SXOOF) (FSE:85G1) (CNSX:SX.CN)is pleased to provide an update on the initial testing phase of an array of electric vehicles batteries it received at its testing installations in Québec.
The Company has completed EV battery characterization for the following car makers: Tesla, General Motors (GM), Ford, Toyota, and Nissan. The batteries were sourced from industry aggregators. The Company’s chemists and metallurgists created synthetic powder clones of the metal’s components allowing the testing’s acceleration.
This is in line with the results obtained previously by the Company’s metallurgical team that was able to leach more than 99% of the cobalt and the nickel contained in the batteries. Furthermore, the aluminium foil used to hold the different metals in the batteries’ core remains intact and can be recycled.
The Company expects to confirm these results via a series of pilot tests as it now is in possession of car makers’ specific testing protocols. Testing will be documented and independently confirmed. The Company expects to initiate the next phase, metals purification, in April. The Company hopes to be able to reduce processing time and increase acid re-usage.
EVSX and St-Georges have also identified some of the key equipment required from industrial equipment manufacturers. They expect to be able to receive the electrolysis equipment during the month of May, allowing the manufacture of lithium hydroxide.
The Company had already disclosed on February 22, 2021, that additional tests to optimize the process of recovery of critical elements were to be conducted using synthetic compounds to move the development along faster. Work is ongoing at multiple locations, speeding up delivery and further protecting intellectual property.
Posted by AGORACOM
at 3:44 PM on Thursday, March 18th, 2021
Gross Proceeds of $3,621,680
Lead order of $1,000,000 from Eric Sprott
Proceeds for Prefeasibility Study on River Valley Platinum Group Metals (PGM) Project, one of North America’s largest undeveloped primary palladium projects
New Age Metals Inc. (TSXV:NAM) (OTC:NMTLF) (FSE:P7J) (“NAM” or the “Company“), is pleased to announce that it has completed a first tranche closing of its non-brokered private placement offering (the “Private Placement”) raising gross proceeds of $3,621,680, with lead order of $1,000,000 from Mr. Eric Sprott.
The Company has issued an aggregate of 22,260,500 units consisting of 20,760,500 non-flow through units (“NFT Units”) at a price of $0.16 per NFT Unit and 1,500,000 flow-through units of the Company (the “FT Units”) at a price of $0.20 per FT Unit.
Each NFT Unit consisted of one common share and one-half of one Common Share purchase warrant of the Company (each whole warrant, a “Warrant”). Each Warrant shall entitle the holder thereof to purchase one additional Common Share at an exercise price equal to $0.20 per share at any time up to 24 months from closing.
Each FT Unit consisted of one flow-through share of the Company that will qualify within the meaning of subsection 66(15) of the Income Tax Act (Canada) (“FT Common Share”) and one-half of one common share purchase warrant (each whole warrant, a “FT Warrant”). Each FT Warrant shall entitle the holder thereof to purchase one Common Share at an exercise price equal to $0.25 at any time up to 24 months closing.
The Company intends to use the net proceeds from the sale of Units towards its exploration and development work on its projects. The primary use of proceeds from this financing will be for the completion of a Prefeasibility Study for the Company’s flagship River Valley Platinum Group Metals (PGM) Project, one of North America’s largest undeveloped primary palladium projects, and for general corporate and working capital purposes. The Company intends to use the net proceeds from the sale of FT Units towards its exploration work on both the Company’s PGM and Lithium divisions. This will include a maiden drill program on the Company’s Lithium Two Project in Manitoba and continued drilling at River Valley.
Posted by AGORACOM
at 2:33 PM on Thursday, March 18th, 2021
A Veteran digital and media expert, Schimel was most recently Head of Business at Apple News+. Prior to joining Apple in mid-2018, she served as President of Condé Nast International from 2013-17 and was Entrepreneur in Residence at Comcast Ventures in 2018.
GameOn completed an oversubscribed $5,800,000 private placement last week.
GameOn announced significant additions to its Board, Advisory and team: J Moses (Take-Two Interactive), Mike Vorhaus (DraftKings, Roblox), Sean Hurley (DraftKings) and Santiago Jaramillo (FIFA at EA Sports, NBA Top Shot at Dapper Labs).
GameOn has reserved GET as their trading symbol at CSE and public listing scheduled for March/April 2021.
VANCOUVER, British Columbia, March 18, 2021 (GLOBE NEWSWIRE) — Victory Square Technologies Inc. (“Victory Square”) (CSE:VST) (OTC:VSQTF) (FWB:6F6) is pleased to announce that its portfolio company GameOn Entertainment Technologies Inc. (“GameOn” or “Company”), the leader in providing consumers, broadcasters, sportsbooks and partners with interactive, social experiences around sports, TV and live events, today is pleased to announce the addition of Liz Schimel to its Board of Directors.
The Board of Directors includes GameOn Entertainment Technologies CEO Matt Bailey, J Moses (Chairman) and Shafin Diamond Tejani, CEO of Victory Square Technologies.
A digital and media veteran, Schimel was most recently head of business at Apple News+. Prior to joining Apple in mid-2018, she served as president of Condé Nast International from 2013-17 and was entrepreneur in residence at Comcast Ventures in 2018.
Posted by AGORACOM
at 12:23 PM on Thursday, March 18th, 2021
VANCOUVER, BC , March 18, 2021 /CNW/ – HealthSpace Data Systems Ltd. (the “Company” or “HealthSpace”) (CSE: HS) ( Frankfurt : 38H) (OTCQB: HDSLF) is pleased to announce the launch of a new corporate website ( https://www.gethealthspace.com ) showcasing the Company’s suite of cloud-based and mobile solutions that are helping revolutionize the way governments interact with the citizens and businesses they regulate.
The site allows government agencies to learn more about the Company’s software platforms; from back-office data management, field staff mobile apps, and online engagement for private industry. It also provides easy navigation for investors to learn more about HealthSpace’s business as well as access market and financial information.
In conjunction with the launch, HealthSpace is pleased to announce it has entered into a number of partnerships with leading investor relations and marketing firms to assist with capital markets advisory and consulting, investor communication, online marketing and content creation.
Posted by AGORACOM
at 11:56 AM on Thursday, March 18th, 2021
NEW YORK, March 18, 2021 — via InvestorWire — TAAT(TM) Lifestyle & Wellness Ltd. (CSE: TAAT) (OTCQB: TOBAF) today announces its placement in an editorial published by NetworkNewsWire (“NNW”), one of 50+ trusted brands within the InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company for private and public entities.
To view the full publication, “Significant Opportunities in the Global Tobacco Market,” please visit: https://nnw.fm/h0UVv
Despite concerns connected with tobacco use, the global tobacco market reached an estimated $818 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 1.8% from 2021 to 2028; the United States is forecast to account for an estimated $50.9 billion of that in 2021. An innovative smoking alternative is set to snatch a slice of this billion-dollar industry.
Capitalizing on the opportunity, TAAT(TM) Lifestyle & Wellness Ltd. (CSE: TAAT) (OTCQB: TOBAF) ( Profile ) now offers the 1.3 billion smokers in the world a true smoking experience without the risks associated with tobacco and nicotine.
Posted by AGORACOM
at 11:53 AM on Thursday, March 18th, 2021
TORONTO, ON / March 18, 2021 / AI/ML Innovations Inc. (CSE:AIML), a company committed to acquiring and advancing Artificial Intelligence/Machine Learning technologies that address urgent societal needs, is pleased to announce that its subsidiary, Health Gauge, has launched its e-commerce platform for the retail sale of its proprietary wearable, digital health solution.
Health Gauge’s patent pending, wellness solution empowers the user by utilizing three integrated components: a selection of Health Gauge’s branded wearable health monitors, Health Gauge’s AI-powered phone app (Apple and Android), and Health Gauge’s subscription-based cloud computing platform, which seamlessly combine to provide the user and their health service providers with immediate, meaningful and actionable information and feedback, resulting in better health recovery outcomes and the achievement of healthier living objectives for the user.
“This is a significant milestone, as our data-driven health solution achieves commercialization” said Randy Duguay, CEO of Health Gauge. “While our primary focus remains a B2B business model by way of strategic channel partners, there is growing consumer interest which indicates the potential for substantial cash flows from a retail revenue stream as well. We anticipate rapid adoption of our solution, as we see considerable demand for both our wearables as well as our platform.”
Posted by AGORACOM
at 11:30 AM on Thursday, March 18th, 2021
Vancouver, B.C. – March 18, 2021 – Marble Financial Inc. (C NSX :MRBL. CN) ( OTC:MRBLF ) ( FSE:2V0) (“Marble” or the “Company”) utilizes AI-driven financial technology company to help Canadians better understand how credit can affect their financial future, is pleased to announce a referral agreement with LSEO Canada Digital Marketing (“Canada Finances”) offering its consumers our AI-driven financial wellness SAAS platform, MyMarble.
Marble, a leading financial technology innovator, is expanding its referral program with Canada Finances, a company that aims to solve the problem of asymmetric information and put Canadian’s back in the driver’s seat. Since launching in August 2020, Canada Finances already attracts over 20,000 Canadians looking to obtain vehicle financing each month. Access to a motivated visitor base of consumers heavily focused on their financial goals presents another new growth channel of opportunity for Marble and further empowers Canadians using its complete personal finance fintech solution that supplies precise expert curated recommendations, insights, and financial literacy.
According to Thomas Feltmare, a senior economist for TD Economics, Canadian auto sales are expected to surge 37 percent in 2021 (1). This increase will result in thousands of consumers turning to alternative online financing options like Canada Finances to gain a more flexible and transparent service to achieve their financial goal of vehicle ownership. This growing trend amongst consumers has presented a much higher need for Canadians to use technology like MyMarble to strengthen their approval chances.
For consumers to receive the best offers and financing rates in a much shorter time period, this new referral engagement will leverage Canada Finance’s customer-centric and automated technology that accurately identifies consumers who require help from MyMarble financial wellness products. This engagement will enable thousands of monthly visitors to Canada Finances access to MyMarble’s platform, offering AI-powered recommendations, credit monitoring, coaching and budgeting technology to consistently boost their credit score.
Posted by AGORACOM
at 8:35 AM on Thursday, March 18th, 2021
CE Mark received for in vitro diagnostic (IVD) test for the detection of SARS-CoV-2
Rapid results with ease of use – single 20-minute PCR cycle plus 5-minute detection process
High sensitivity – 104.73 c/PCR limit of detection with 95% confidence interval
High specificity – zero cross-reactivity on 19x respiratory infectious disease panel
High robustness – no impact on results from minor changes in process parameters
100% repeatability and laboratory precision observed
Sales launch in Europe planned for April 2021
XPhyto Therapeutics Corp. (CSE:XPHY)(OTC:XPHYF)(FSE:4XT) (“XPhyto” or the “Company”), and its exclusive German diagnostics development partner, 3a-diagnostics GmbH (“3a”), are pleased to announce the European approval of its point-of-care SARS-CoV-2 (COVID-19) RT-PCR test system (“Covid-ID Lab”). Covid-ID Lab is now registered within the European Union as a commercial in vitro diagnostic (CE-IVD) test.
“Our test is one of the fastest PCR-based COVID-19 tests currently approved. With a sample collection to result time of 25 minutes, Covid-ID Lab combines the speed of a rapid screening test with the accuracy of a PCR diagnostic,” said Hugh Rogers, CEO and Director of XPhyto. “Covid-ID Lab is designed for point-of-care testing, particularly in satellite and small-scale labs, such as transportation hubs, borders, care facilities, schools, pharmacies, and hospitality settings.”
Covid-ID Lab is a multiplex viral RNA probe kit based on the reverse transcriptase-polymerase chain reaction (RT-PCR) method. For assay performance, Covid-ID Lab requires only a single 20-minute PCR thermal cycle without prior RNA extraction as part of the sample preparation. Many widely available standard PCR instruments are suitable to run the test. Results are collected after the PCR cycle via easy-to-read optical indicator strips on a simple fluidics platform. The elimination of RNA extraction for sample preparation reduces the risk of cross-contamination and minimizes the need for lab materials and trained personnel. The rapid results, minimal laboratory equipment, and ease of use are expected to translate into reduced operating costs, greater convenience and portability.
During validation of the assay, the limit of detection for SARS-CoV-2 RNA was determined to be 104.73 c/PCR within a 95% confidence interval. Specificity of 100% against 19 other pathogens of serious respiratory infections was demonstrated on a respiratory verification panel. Precision was determined through evaluation of variance of the analysis results due to random deviations, a repeatability/intra-assay precision evaluation (same lab, user, equipment, etc.), and a laboratory precision evaluation (different lab, user, equipment, etc.). Robustness was measured by evaluation of the impact of minor changes on process parameters (transport medium, PCR cycler model, ramp rate, template volume, hybridization mixing ratio, etc.). The validation studies were carried out accordingly to ICH Q2 (R1) Validation of Analytical Procedures: Text and Methodology and VQ-015 Validation of Methods, European Medicines Agency. The quality management system was in accordance with EN ISO 13485: 2016 and EN ISO 9001: 2015.
