Agoracom Blog

Fabled $FCO.ca Drills 12.50 Meters of 85.30 g/t Ag and 0.49 g/t Au with 1.80 Meters Grading 214.00 g/t Ag and 1.08 g/t Au at Santa Maria $RDU.ca $KTN.ca $GMBXF $EDR.ca

Posted by AGORACOM at 9:27 AM on Wednesday, February 24th, 2021
  • Results for 3rd diamond drill hole from on-going 8,000 meter drill program
  • Santa Maria structure identified from surface to -350 meters vertically
  • 12.50 Meters of 85.30 g/t Ag and 0.49 g/t Au
  • Results support the expansion of Santa Maria and increasing the present NI 43-101 resources

Fabled Silver Gold Corp. (TSXV: FCO) (OTC Pink: FBSGF) (FSE: 7NQ) (“Fabled” or the “Company”)  is pleased to announce the third diamond drill hole from the on-going 8,000 meter drill program on the Santa Maria Property in Parral, Mexico.

Peter J. Hawley, CEO and President, remarks, “The recent drill hole concludes the first ever complete drill section on the newly interpreted Santa Maria structure and clearly defines the structure from surface to -350 meters vertically, which is the deepest hole ever drilled on the property. The 12.50 meter intersection has clearly defined a footwall and hanging wall structure with corresponding elevated silver values up to over 7 ounces of silver and remains open at depth. More importantly, the structure is very conformable and intersected exactly where predicted, which bodes very well for the expansion of Santa Maria and increasing the present NI 43-101 resources on the property with only 3 drill holes drilled to date.”

Peter Hawley continues, “The data being obtained from this fence of drill holes will not only target adding silver ounces to the overall resource but also allow us to interpret and model the behavior of this robust mineralized system for future drilling as we expand outwards from the present resource.”

Table 1: Drill Hole Intercepts

Hole NoFrom (meters)To
(meters)
Width (meters)Au g/tAg g/t
SM20-003349.50362.0012.500.4985.30
Including349.50351.802.300.20123.10
Including357.40362.004.600.81128.49
 357.40359.201.801.08214.00
 361.30362.000.701.52230.00

Drill holes SM20-01, SM20-02 and SM20-03 are drilled on the same section with holes 02 and 03 targeting the sulphide intercept of the Santa Maria vein and structure.

Drill hole SM20-02 was drilled at an angle of -65 degrees for a total hole depth of 232 meters. Drill hole SM20-03 was stationed 75 meters behind the drill station for holes 01-02 and drilled at an angle of -75 degrees for a total depth of 375 meters.

The Company has completed drill holes SM20-01 – 07 for a total of 1,895 meters. Holes SM20-04 – 06 have been sampled and submitted to ALS Chihuahua Laboratory for analysis. Hole SM 20-08 is in progress.

Read More: https://agoracom.com/ir/FabledSilverGold/forums/discussion/topics/755967-fabled-drills-12-50-meters-of-85-30-g-t-ag-and-0-49-g-t-au-with-1-80-meters-grading-214-00-g-t-ag-and-1-08-g-t-au-at-santa-maria/messages/2305113#message

Elisabeth Preston Joins KWESST $KWE.ca $KWEMF Board of Directors $WRTC $BYRN.ca $PAT.ca $POWW

Posted by AGORACOM-JC at 8:49 AM on Wednesday, February 24th, 2021
  • Announced that Elisabeth Preston has joined the Company as a member of the board of directors and will also serve as the Company’s Corporate Secretary.
  • Elisabeth Preston is Chief Legal Counsel for a top tier international defence company with widespread global operations.

Ottawa, Ontario–(February 24, 2021) – KWESST Micro Systems Inc. (TSXV: KWE) (OTCQB: KWEMF) (“KWESST” or “the Company”) is pleased to announce that Elisabeth Preston has joined the Company as a member of the board of directors and will also serve as the Company’s Corporate Secretary.

David Luxton, Executive Chairman of KWESST, said “The entire board extends a very warm welcome to Elisabeth. We are all well acquainted with her by reputation, and I have had the pleasure of working with her directly in other high-growth defence industry ventures where she was a valued colleague and demonstrated an exceptional breadth of knowledge and skills.”

Elisabeth Preston is Chief Legal Counsel for a top tier international defence company with widespread global operations. She is an international business and trade lawyer, with significant transactional experience in many jurisdictions. Her experience spans more than thirty years advising companies as an executive in areas relating to governance, cross-border marketing, strategic relationships, major commercial transactions and financings to fund growth. She has assisted companies to pursue and secure major contracts and to resolve complex international agreements. Elisabeth has worked intensively in the areas of mergers and acquisitions, procurement law, anti-corruption compliance, industrial security, export control and controlled goods as well as labour and employment law. She has also frequently acted as counsel on security-sensitive issues and is one of Canada’s top authorities on ITAR regulations and compliance in the defence industry.

Elisabeth’s practice has also included advising public companies as Chief Legal Officer, General Counsel and in private practice. She has taken several client companies public, and has deep knowledge of the investment banking community, investor relations guidance and public company disclosure and best practices in continuous disclosure. She was also previously the Managing Partner of a major Canadian law firm’s busy Ottawa office.

Read More: https://agoracom.com/ir/Kwesst/forums/discussion/topics/755965-elisabeth-preston-joins-kwesst-board-of-directors/messages/2305109#message

XPhyto Therapeutics $XPHY.ca $XPHYF Places First Order for 25-Minute Covid-19 RT-PCR Tests $NGM.ca $SONA.ca $HBP.ca $MIR.ca $IPA.ca

Posted by AGORACOM at 8:05 AM on Wednesday, February 24th, 2021
This image has an empty alt attribute; its file name is XPHYTO-70-x-70.jpg
  • Placed First Order for its Rapid Point-Of-Care COVID-19 Test System
  • 9600 Individual Tests Ordered
  • Mid-March Delivery
  • Additional Pandemic-Focused Biosensors in Development

XPhyto Therapeutics. (CSE:XPHY)(OTCQB:XPHYF)(FSE:4XT) (“XPhyto” or the “Company“), is pleased to announce that it has placed the first order for its rapid point-of-care SARS-CoV-2 (COVID-19) RT-PCR test system (“Covid-ID Lab”) from its exclusive diagnostic development partner, 3a-diagnostics GmbH (“3a”).

The first order of Covid-ID Lab is for 9,600 individual tests, which are packaged in 200 kits of 48 tests each. Delivery of the first order is expected by mid-March 2021 and will be primarily used to supply prospective distribution partners and licensees and their respective government regulators with test samples for review and evaluation. The tests will be manufactured in the German state of Baden-Württemberg.

“We are pleased to report that all steps towards the launch of Covid-ID Lab remain on track within an ambitious timeline,” said Hugh Rogers, CEO, and Director of XPhyto. “Our experienced market launch team is working quickly to bring the product to market, as well as to establish licensing and distribution partnerships. We are confident that Covid-ID Lab, as a 25-minute PCR test with minimal technical and personnel requirements, will be a stand-out product in the COVID-19 test market.”

Covid-ID Lab was designed to be a rapid, accurate, and robust COVID-19 test system with reduced operating costs and increased convenience and portability. XPhyto expects 3a to receive ISO 13485 medical device manufacturer approval by the end of February and European regulatory approval as a commercial in vitro diagnostic device (CE-IVD) for Covid-ID Lab by early March. Initial commercial manufacturing is planned for Germany, with additional capacity in other jurisdictions to follow. The sales launch in Europe is targeted for April 2021. XPhyto is currently in discussions with potential distribution and wholesale partners in Europe and the Middle East.

XPhyto and 3a are also developing a portfolio of oral biosensor screening tests for detection of bacterial and viral infectious diseases, including influenza A, group A strep, stomatitis, periimplantitis, and periodontitis. Additional pandemic-focused biosensors are in development, specifically for H1N1 (swine flu) and H5N1 (avian flu). The Company is planning the commercial launch of its first biosensor product in the second half of 2021.

Read More: https://agoracom.com/ir/XphytoTherapeutics/forums/discussion/topics/755962-xphyto-places-first-order-for-25-minute-covid-19-rt-pcr-tests/messages/2305102#message

Peak’s $PKK.ca $PKKFF Lending Hub Financing Program Continues to Gain in Popularity with Some of China’s Top Retailers and Distributors $MOS.ca $MOGO.ca CTZ.ca $TRAD.ca

Posted by AGORACOM-JC at 7:44 AM on Wednesday, February 24th, 2021
Peak Fintech Group (@PEAK_Fintech) | Twitter
  • Announced the addition of distributor Dajinpengli Trading Ltd. (“DT”) and popular national convenience store chain Bianlifeng to its financing program powered by the Cubeler Lending Hub platform.
  • Bianlifeng (https://www.bianlifeng.com/) is one of China’s fastest growing and most recognized chains of convenience stores.

Montreal, Quebec–(February 24, 2021) – Peak Fintech Group Inc. (CSE: PKK) (OTCQX: PKKFF) (“Peak” or the “Company”), an innovative Fintech service provider to the Chinese commercial lending sector, today announced the addition of distributor Dajinpengli Trading Ltd. (“DT”) and popular national convenience store chain Bianlifeng to its financing program powered by the Cubeler Lending Hub platform.

Bianlifeng (https://www.bianlifeng.com/) is one of China’s fastest growing and most recognized chains of convenience stores. It was recently added to Peak’s list of large retailers whose certified product distributors are automatically eligible to have their purchase orders financed if the orders are placed through Peak’s Gold River platform, which is now fully integrated to the Lending Hub. That rapidly growing list now includes the likes of JD.com, PetroChina convenience stores and 7-Eleven convenience stores. DT quickly took advantage of the program and its relationship with Bianlifeng and had purchase orders worth 4.2 million RMB (about CAD$800,000) financed by Lending Hub partnering financial institutions merely days following the Chinese New Year break. Peak earned approximately CAD$48,000 in fees related to the transactions when combining both Lending Hub and Gold River service fees.

Update on Peak Financial Forecasts:

Peak is currently contemplating a significant transaction with a high likelihood of completion, however, the terms are yet to be determined. Management believes the transaction would be material in nature and would have a considerable impact on its future financial performance. Peak management has therefore decided to wait until the terms of the transaction are finalized so that its impact can be reflected in the Company’s updated financial forecasts before being released to shareholders. Once an announcement about the nature and terms of the contemplated transaction is made, Peak will provide a new expected release date for the updated forecasts.

Read More: https://agoracom.com/ir/PeakFintechGroup/forums/discussion/topics/755960-peak-s-lending-hub-financing-program-continues-to-gain-in-popularity-with-some-of-china-s-top-retailers-and-distributors/messages/2305099#message

VIDEO – POET $PTK.ca $POETF Is Targeting New Markets for Co-Packaged Optics and Optical Sensing Applications with LightBar-C Product

Posted by AGORACOM-JC at 5:03 PM on Tuesday, February 23rd, 2021

VIDEO – Beauce Gold $BGF.ca Discovers 60 Year Old Treasure of 344 Missing Drill Logs Worth Millions $KG.ca $OSK.ca $TIG.ca $GSR.ca $ATC.ca $WGO.ca $OR.ca $KGC.ca

Posted by AGORACOM-JC at 4:01 PM on Tuesday, February 23rd, 2021

You never know where the path to discovery is going to take you. Join in for the moment with Patrick Levasseur, President and CEO of Beauce Gold Fields (BGF:TSXV) and his incredible story tracking down over 344 old drill logs from their St-Simon-Les-Mines Gold project, site of Canada’s first gold rush.

It is a treasure find of epic exploration proportions. Not only are the drill core logs and related documents of historical significance for the greater placer story and future development; the information gathered would cost millions of shareholder dollars to generate today.

The find could very well be the catalyst for the first diamond drill program in the area in over 100 years. Beauce intends to test their exploration theory in search of the mother lode that supplied the original placer gold rush.

Watch this great interview with Beauce Gold CEO Patrick Levasseur to hear this great story and why Beauce is exploring such a historically significant project.

PyroGenesis $PYR.ca Comments on Today’s Trading Activity; All Projects, incl. NASDAQ Listing, On Track; Cash-on-Hand > $27.5M $RTN $NOC $UTX $DDD.ca $HPQ.ca

Posted by AGORACOM-JC at 1:43 PM on Tuesday, February 23rd, 2021
  • Company wishes to reassure investors that all projects, including the NASDAQ listing, are all on track and that there are no undisclosed events to warrant this morning’s decline.
  • backlog at historical levels
  • pipeline that is growing exponentially,
  • clean balance sheet which,
  • Cash-on-hand in excess of $27.5M.”

MONTREAL, Feb. 23, 2021 — PyroGenesis Canada Inc. ( http://pyrogenesis.com ) (TSX: PYR) (OTCQB: PYRNF) (FRA: 8PY), a high-tech company, (the “Company”, the “Corporation” or “PyroGenesis”) that designs, develops, manufactures and commercializes plasma atomized metal powder, plasma waste-to-energy systems and plasma torch products, issues this press release in response to this morning’s trading activity, and the sudden decline in its stock price. The Company wishes to reassure investors that all projects, including the NASDAQ listing, are all on track and that there are no undisclosed events to warrant this morning’s decline.

The Company prefers not to opine on stock price and trading activity, however, given the recent decline, and inquiries from investors, the Company confirms the following:

Everything material has been disclosed by the Company in either its press releases or financial reports. PyroGenesis further confirms that none of the contracts previously disclosed, nor the NASDAQ listing, are at risk. Last, but not least, the Company wishes to reassure PyroGenesis’ investors that the Company remains on track with current and prospective projects, as well as with the NASDAQ listing.

“I just wanted to take the time to reassure investors that the decline in stock price this morning cannot be explained by any undisclosed developments at the Company, as all material events have been disclosed,” said Mr. P. Peter Pascali, CEO and Chair of PyroGenesis. “The Board believes the Company is in the strongest position it has ever been with (i) a backlog at historical levels, (ii) a pipeline that is growing exponentially, and (iii) a clean balance sheet which, as of today, posts cash-on-hand in excess of $27.5M.”

Read More: https://agoracom.com/ir/PyroGenesisCanada/forums/discussion/topics/755918-pyrogenesis-comments-on-today-s-trading-activity-all-projects-incl-nasdaq-listing-on-track-cash-on-hand-27-5m/messages/2304997#message

Novamind $NM.ca $NVMDF to Present at Benzinga Conference $RVV.ca $MMED $PSYC.ca $FTRP.ca $CMPS $NUMI.ca

Posted by AGORACOM-JC at 12:08 PM on Tuesday, February 23rd, 2021
  • Announced its participation in the Benzinga Cannabis Capital Conference, on February 25th and 26th, 2021, one of the select companies to be featured from the emerging psychedelics industry.
  • On Friday, February 26th, 2021 at 1:30pm EST, Novamind’s CEO and Director, Yaron Conforti, will present the Company’s vision for scaling access to psychedelic medicine and advancing clinical research.

TORONTO, ON / February 23, 2021 / Novamind Inc. (CSE:NM) (OTC PINK:NVMDF) (“Novamind” or “the Company”), a leading mental health company specialized in psychedelic medicine, is pleased to announce its participation in the Benzinga Cannabis Capital Conference (“the Conference”), on February 25th and 26th, 2021, one of the select companies to be featured from the emerging psychedelics industry.

On Friday, February 26th, 2021 at 1:30pm EST, Novamind’s CEO and Director, Yaron Conforti, will present the Company’s vision for scaling access to psychedelic medicine and advancing clinical research.

“We are excited to connect with investors who share our belief that innovative mental health therapies are disrupting the current standard of care in mental health,” said Yaron Conforti, CEO and Director of Novamind. “I look forward to this opportunity to share Novamind’s approach to mental healthcare and clinical research in psychedelic medicine.”

The Conference will also host a panel discussion on psychedelics with industry leaders including Novamind’s Chief Medical Officer, Dr. Reid Robison on Friday, February 26th, 2021 at 1:50pm EST.

For more information about the conference, please click here.

About Novamind
Novamind is a leading mental health company enabling safe access to psychedelic medicine through a network of clinics, retreats, and clinical research sites. Novamind provides ketamine-assisted psychotherapy and other novel treatments through its network of Cedar Psychiatry clinics and operates Cedar Clinical Research, a contract research organization specialized in clinical trials and evidence-based research for psychedelic medicine. Both Cedar Psychiatry and Cedar Clinical Research are wholly owned subsidiaries of Novamind. For more information on how Novamind is enhancing mental wellness and guiding people through their entire healing journey, visit novamind.ca.

Contact Information:

Novamind
Yaron Conforti, CEO and Director
Telephone: +1 (647) 953 9512

Bill Mitoulas, Investor Relations
Email: [email protected]

Forward-Looking Statements
This news release contains forward-looking statements. All statements other than statements of historical fact included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations including the risks detailed from time to time in the Company’s public disclosure. The reader is cautioned not to place undue reliance on any forward-looking information. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable laws.

SOURCE: Novamind Inc.

Spyder $SPDR.ca Cannabis to Acquire a Leading Vape Retailer 180 Smoke $ACB $APHA $CRON.ca $OGI.ca

Posted by AGORACOM-JC at 11:23 AM on Tuesday, February 23rd, 2021
  • To acquire all of the issued and outstanding shares of the entities that collectively comprise the business of 180 Smoke (“180 Smoke“), a dominant vape retailer in Canada. The Company has agreed to purchase the shares of 180 Smoke

Vaughan, Ontario–(February 23, 2021) – Spyder Cannabis Inc. (TSXV: SPDR) (“Spyder” or the “Company“), an established Canadian cannabis and vape retailer, is pleased to announce that the Company has entered into a binding agreement with CRHC Holdings Corp. (the “Seller“) to acquire all of the issued and outstanding shares of the entities that collectively comprise the business of 180 Smoke (“180 Smoke“), a dominant vape retailer in Canada. The Company has agreed to purchase the shares of 180 Smoke (the “Acquisition“), on a cash-free basis (after post-closing adjustments), for nominal consideration. Additionally, the Company has secured a strategic institutional investor to acquire all of the existing debt of 180 Smoke owing to an affiliate of the Seller. The parties will proceed to close the Acquisition upon satisfaction of the closing conditions.

Transaction Highlights

  • 180 Smoke is a leading Canadian vape product retailer that has been widely regarded as the gold standard for vape store operations and customer service. 180 Smoke sells high-quality e-cigarettes, vaporizers and other nicotine-related products.
  • The Acquisition is expected to immediately increase Spyder’s consolidated revenue with the addition of 180 Smoke’s nicotine vape sales, franchise revenue and other wholesale and distribution revenue which generated approximately $12.9 million in unaudited net revenue during the year ended December 31, 2020.
  • 180 Smoke has a team of 91 employees who will continue to operate 180 Smoke’s 18 brick and mortar vape retail locations, 8 franchises, and its corporate head office and distribution warehouse, following the closing of the Acquisition.
  • 180 Smoke’s current customer base includes 92,481 in-store accounts, 98,052 online accounts, as well as 235 specialty wholesale vape B2B accounts.
  • Spyder expects to integrate its 2 brick and mortar vape retail stores with those of 180 Smoke’s to leverage the acquired know-how and intellectual property, including retail store design and layout, standard operating procedures, administrative systems and customer support, human resources and staff training, and accounting.
  • Synergies are also expected between 180 Smoke’s existing customer base with Spyder’s cannabis business.
  • Spyder will have the ability to utilize its wholly-owned subsidiary’s Retail Operator License issued by the Alcohol and Gaming Commission of Ontario (AGCO) to convert some of 180 Smoke’s existing vape retail locations to licensed cannabis dispensaries by obtaining a Retail Store Authorization from the AGCO for such store.

Read More: https://agoracom.com/ir/SpyderCannabis/forums/discussion/topics/755908-spyder-cannabis-to-acquire-a-leading-vape-retailer-180-smoke/messages/2304946#message

Marble $MRBL.ca $MRBLF Launches its ‘MyMarble’ Financial Wellness Platform with LendforAll Canada $MOS.ca $MOGO.ca $CTZ.ca

Posted by AGORACOM at 11:11 AM on Tuesday, February 23rd, 2021

Vancouver, B.C. – February 23, 2021 – Marble Financial Inc. (CNSX :MRBL) ( 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 LendforAll Canada offering its consumers our AI-driven financial wellness SaaS platform, MyMarble .

Marble, a leading financial technology innovator, is expanding its referral program with LendforAll Canada, a company that since 2018 has helped over 25,000 borrowers in achieving their financial goals through their proprietary lending platform that is safe, secure, and provides a loan application process that is seamless, simple, and easy to use.

Access to such an engaged visitor base of underbanked consumers presents another new growth channel of opportunity for Marble to further empower Canadians using its holistic personal finance fintech solution that provides precise expert curated recommendations, insights, and financial literacy.

According to Marble’s 2020 Personal Finance Sentiment Survey (1), 65% of Canadians turn to online and alternative lenders, seeking a more flexible and attainable product or service to help with their current financial situation. This growing trend amongst consumers has presented a much higher need for Canadians to utilize technology like MyMarble to strengthen their chances of approval.

This new referral engagement will utilize LendforAll’s, ‘AI-powered product matching system’ that recommends to its consumers the MyMarble financial wellness products.

Read More: https://agoracom.com/ir/MarbleFinancial/forums/discussion/topics/755877-marble-launches-its-mymarble-financial-wellness-platform-with-lendforall-canada/messages/2304885#message