Newsfile

News releases provided by Newsfile Corp. Newsfile Corp..

Chakana Copper Announces Initiation of Coverage by Noble Capital Markets

Friday, January 8, 2021 - 7:00pm

Vancouver, British Columbia--(Newsfile Corp. - January 8, 2021) - Chakana Copper Corp. (TSXV: PERU) (OTCQB: CHKKF) (FSE: 1ZX) (the "Company" or "Chakana"), is pleased to announce that Noble Capital Markets.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - January 8, 2021) - Chakana Copper Corp. (TSXV: PERU) (OTCQB: CHKKF) (FSE: 1ZX) (the "Company" or "Chakana"), is pleased to announce that Noble Capital Markets.
  • Inc. ("Noble") has initiated equity research coverage on the Company.
  • The Company announced in a news release on November 25, 2020 that it had entered into an equity research agreement with Noble, a Florida corporation.
  • About Noble Capital Markets and its Subsidiaries:
    In 2018, Noble Financial Group, Inc. launched Channelchek - a new investment community dedicated exclusively to small and micro-cap companies and their industries.

Upco Unaware of Material Change

Friday, January 8, 2021 - 6:56pm

Vancouver, British Columbia--(Newsfile Corp. - January 8, 2021) - Upco International Inc. (CSE: UPCO) (OTC: UCCPF) (FSE: U06) ("Upco") is sending an immediate release to all Upco stakeholders at the request of IIROC.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - January 8, 2021) - Upco International Inc. (CSE: UPCO) (OTC: UCCPF) (FSE: U06) ("Upco") is sending an immediate release to all Upco stakeholders at the request of IIROC.
  • At the request of IIROC, Upco International Inc. ("UPCO" or the "Company") wishes to confirm that the Company's management is unaware of any material change in the Company's operations that would account for the recent increase in market activity and Upco Management's thanks for the incredible support received so far and the Trust in our strategy and project.
  • Upco International Inc. (CSE: UPCO) is a Vancouver and New York City based telecom and digital services company founded in 2014 that provides price competitive, high-quality and privacy-protected telecom and communication payment social platform in niche markets globally.
  • Upco cautions investors that any forward-looking information provided by Upco is not a guarantee of future results or performance.

Relay Medical Closes Gross Proceeds of over $5,000,000

Friday, January 8, 2021 - 6:54pm

Each Unit is comprised of: (i) one common share in the capital of the Company (each a "Common Share"); and (ii) one Common Share purchase warrant (each, a "Warrant").

Key Points: 
  • Each Unit is comprised of: (i) one common share in the capital of the Company (each a "Common Share"); and (ii) one Common Share purchase warrant (each, a "Warrant").
  • Each Warrant entitles the holder to purchase one additional Common Share at an exercise price of $0.30 on or before July 8, 2022.
  • Gross proceeds raised from the Offering will be used for working capital and general corporate purposes.
  • Relay Medical is a MedTech innovation Company headquartered in Toronto, Canada focused on the development of novel technologies in the diagnostics and AI data science sectors.

PAOG Confirms Q4 2020 Revenue from Cannabis Asset Acquisition

Friday, January 8, 2021 - 4:44pm

Sandusky, Ohio--(Newsfile Corp. - January 8, 2021) - PAO Group, Inc. (OTC Pink: PAOG) today confirmed that the Company expects to realize and report in Q4 2020 the first revenue from assets acquired in the course of 2020.

Key Points: 
  • Sandusky, Ohio--(Newsfile Corp. - January 8, 2021) - PAO Group, Inc. (OTC Pink: PAOG) today confirmed that the Company expects to realize and report in Q4 2020 the first revenue from assets acquired in the course of 2020.
  • In 2020, PAOG acquired a hemp cultivation business from Puration, Inc. (OTC Pink: PURA) and RespRx from Kali-Extracts, Inc. (OTC Pink: KALY).
  • RespRx is a cannabis treatment under development for COPD derived from a patented cannabis extraction method - U.S. Patent No.
  • The existing inventory is valued at approximately $300,000 and PAOG expects to realize its first sales from the consigned inventory in Q4 2020.

HAW Capital Closes Initial Public Offering

Friday, January 8, 2021 - 4:43pm

Calgary, Alberta--(Newsfile Corp. - January 8, 2021) - HAW Capital 2 Corp.(TSXV: HAW.P) (the "Company"), a capital pool company pursuant to Policy 2.4 of the TSX Venture Exchange (the "TSXV"), is pleased to announce that today it completed its initial public offering (the "Offering") of 4,000,000 common shares ("Common Shares") issued at a price of $0.10 per share pursuant to a prospectus dated November 12, 2020 (the "Prospectus").

Key Points: 
  • Calgary, Alberta--(Newsfile Corp. - January 8, 2021) - HAW Capital 2 Corp.(TSXV: HAW.P) (the "Company"), a capital pool company pursuant to Policy 2.4 of the TSX Venture Exchange (the "TSXV"), is pleased to announce that today it completed its initial public offering (the "Offering") of 4,000,000 common shares ("Common Shares") issued at a price of $0.10 per share pursuant to a prospectus dated November 12, 2020 (the "Prospectus").
  • The Agent also received a cash commission equal to 10% of the gross proceeds of the Offering as well as a corporate finance fee.
  • The officers of the Company are Scott McGregor (Chief Executive Officer), Marshall Mewha (Chief Financial Officer) and Suzanne Ferguson (Corporate Secretary).
  • Following the completion of the Offering, the Company has 14,000,000 Common Shares issued and outstanding, of which 10,000,000 shares have been placed in escrow.

CORRECTION: Green Stream Holdings, Inc. Diversifies Asset Base Toward Increased Revenues with Acquisition of Iconic L.A. Fashion Brand Chuck's Vintage

Friday, January 8, 2021 - 3:31pm

Acquisition includes Retail HQ Frequented by Fashion-Forward Celebrity Clientele and plans to utilize the Company's solar rooftop technology conducive to retail outlets nationwide

Key Points: 
  • This document corrects and updates the headline of the news release disseminated earlier this morning, where it should have read, "Green Stream Holdings, Inc. Diversifies Asset Base Toward Increased Revenues with Acquisition of Iconic L.A.
  • Established in 2006, Chuck's Vintage is a store unlike any other; a true American original.
  • The Distribution is intended to qualify as tax free to Green Stream stockholders for U.S. federal income tax purposes.
  • Visit greenrainsolar.com where you can view Green Stream's news, filings and even a live Level 2 stream, along with other company Information.

Fortuna Silver Mines Enters into Option Agreement for Taviche Project, Mexico

Friday, January 8, 2021 - 1:00pm

Details with respect to this option agreement were announced by MGG on January 7, 2021.

Key Points: 
  • Details with respect to this option agreement were announced by MGG on January 7, 2021.
  • Gold79 retains a 20% free-carried interest in the Taviche project under the terms of the Company's agreements with MGG.
  • MGG holds an exclusive option to acquire this 20% interest for a purchase price of CDN$1,000,000.
  • Gary Thompson, President, CEO and Chairman of Gold79, stated,"We are pleased that the Taviche silver project has been placed in strong hands with Fortuna as operator.

GoldHaven Provides a Corporate Update, Outlines Exploration Plans for 2021

Friday, January 8, 2021 - 12:00pm

This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian and U.S. securities legislation, including the United States Private Securities Litigation Reform Act of 1995.

Key Points: 
  • This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian and U.S. securities legislation, including the United States Private Securities Litigation Reform Act of 1995.
  • Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct.
  • All of the Company's Canadian public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials.
  • To view the source version of this press release, please visit https://www.newsfilecorp.com/release/71603

RETRANSMISSION: Spearmint Considers Spinning Out the Lithium Projects for the Benefit of the Shareholders

Friday, January 8, 2021 - 8:01am

Mr. Greg Thomson, P.Geo., a director of Spearmint and a Qualified Person as defined by National Instrument 43-101 has reviewed and approved the scientific and technical disclosure contained within this news release.

Key Points: 
  • Mr. Greg Thomson, P.Geo., a director of Spearmint and a Qualified Person as defined by National Instrument 43-101 has reviewed and approved the scientific and technical disclosure contained within this news release.
  • Spearmint's current projects also include a portfolio of prospects in the Golden Triangle of British Columbia; the 'Golden Triangle Gold Prospects' comprising of five separate claims blocks totaling 8,265 acres bordering GT Gold Corp, the 2,397 acre 'NEBA' Gold-Copper Prospects bordering Aben Resources Ltd, and the 'EL North' Nickel-Copper Prospect is a contiguous land package of 1,053 acres in the Eskay Creek Camp bordering Garibaldi Resources Corp, as well as the recent acquisition of the 4,980 acre 'Prickle' property bordering Brixton Metals Corp.
    Spearmint's other projects in British Columbia include the 'Safari' Copper-Gold Prospect consisting of 9,007 contiguous acres located in the northern Quesnel Trough in North-Central BC, and the 'Hammernose' Gold Prospect consisting of 8,685 acres directly bordering Westhaven Gold Corp.'s Shovelnose Property in the Spences Bridge Gold Belt located in Southern British Columbia, Canada.
  • Management cautions that past results or discoveries on properties in proximity to Spearmint may not necessarily be indicative to the presence of mineralization on the Company's properties.
  • If you would like to be added to Spearmint's news distribution list, please send your email address to info@spearmintresources.ca

Acquisition of Common Shares of GetSwift Technologies Limited by Joel Macdonald

Friday, January 8, 2021 - 12:41am

Assuming the exercise of all GSW Options held by Mr. Macdonald following the Implementation Date, it is expected that Mr. Macdonald will hold an aggregate of 7,479,621 Common Shares, representing approximately 24.2% of the issued and outstanding Common Shares on a partially-diluted basis.

Key Points: 
  • Assuming the exercise of all GSW Options held by Mr. Macdonald following the Implementation Date, it is expected that Mr. Macdonald will hold an aggregate of 7,479,621 Common Shares, representing approximately 24.2% of the issued and outstanding Common Shares on a partially-diluted basis.
  • Pursuant to the terms of the Arrangement (i) all of the issued and outstanding fully paid ordinary shares of GSW (the "GSW Shares") will be exchanged for Common Shares based on an exchange ratio of seven GSW Shares for each Common Share (the "Exchange Ratio") and (ii) GSW will become a wholly-owned subsidiary of the Issuer.
  • As at the Arrangement Record Date, Mr. Macdonald held 51,567,357 GSW Shares (the "Exchanged Shares"), entitling him to receive the Acquired Shares upon implementation of the Arrangement.
  • In addition, Mr. Macdonald holds 1,000,000 GSW Options exercisable for an aggregate of 142,857 Common Shares following implementation of the Arrangement.

Acquisition of Common Shares of GetSwift Technologies Limited by Bane Hunter

Friday, January 8, 2021 - 12:36am

Assuming the exercise of all GSW Options held by Mr. Hunter following the Implementation Date, it is expected that Mr. Hunter will hold an aggregate of 3,861,660 Common Shares, representing approximately 12.23% of the issued and outstanding Common Shares on a partially-diluted basis.

Key Points: 
  • Assuming the exercise of all GSW Options held by Mr. Hunter following the Implementation Date, it is expected that Mr. Hunter will hold an aggregate of 3,861,660 Common Shares, representing approximately 12.23% of the issued and outstanding Common Shares on a partially-diluted basis.
  • Pursuant to the terms of the Arrangement (i) all of the issued and outstanding fully paid ordinary shares of GSW (the "GSW Shares") will be exchanged for Common Shares based on an exchange ratio of seven GSW Shares for each Common Share (the "Exchange Ratio") and (ii) GSW will become a wholly-owned subsidiary of the Issuer.
  • As at the Arrangement Record Date, Mr. Hunter held 21,531,627 GSW Shares (the "Exchanged Shares"), entitling him to receive the Acquired Shares upon implementation of the Arrangement.
  • In addition, Mr. Hunter holds 5,500,000 GSW Options exercisable for an aggregate of 785,714 Common Shares following implementation of the Arrangement.

Destiny Media Technologies Schedules Fiscal 2021 First Quarter Earnings Release and Conference Call

Thursday, January 7, 2021 - 11:51pm

The Company plans to release financial results for the third quarter before market open on January 13, 2021.

Key Points: 
  • The Company plans to release financial results for the third quarter before market open on January 13, 2021.
  • The conference call will include comments from President, Chief Executive Officer - Fred Vandenberg, Director of Business Development - Glenn Mattern, and Chief Financial Officer - Sam Ritchie.
  • About Destiny Media Technologies Inc.
    Destiny Media Technologies Inc. ("Destiny"), provides software as service (SaaS) solutions to businesses in the music industry solving critical problems in distribution and promotion.
  • The core service, Play MPE ( www.plaympe.com ), provides promotional music marketing to engaged networks of decision makers in radio, film, TV, and beyond.

Enablence Announces Transfer from Tier 1 to Tier 2 Classification on the TSX Venture Exchange

Thursday, January 7, 2021 - 11:45pm

The reclassification of the Company as a Tier 2 issuer will not result in any change to Enablence's trading symbol, which will remain "ENA".

Key Points: 
  • The reclassification of the Company as a Tier 2 issuer will not result in any change to Enablence's trading symbol, which will remain "ENA".
  • The Company remains subject to a Cease Trade Order issued by the Ontario Securities Commission on June 9, 2020.
  • Enablence is a publicly traded company that designs, manufactures and sells optical components and subsystems to a global customer base.
  • Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Hornby Bay Announces Results of Annual and Special Meeting

Thursday, January 7, 2021 - 10:30pm

The approval and confirmation of the stock option plan of the Company was approved by shareholders.

Key Points: 
  • The approval and confirmation of the stock option plan of the Company was approved by shareholders.
  • President & CEO of Hornby Bay Mineral Exploration Ltd.
  • Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable.
  • Actual events or results could differ materially from the Company's expectations or projections.

Tempus Management Transition

Thursday, January 7, 2021 - 10:29pm

The forward-looking information and forward-looking statements contained herein may include, but are not limited to, the successful completion of the 30 day due diligence period relating to the agreement , the ability of Tempus to successfully achieve business objectives, and expectations for other economic, business, and/or competitive factors.

Key Points: 
  • The forward-looking information and forward-looking statements contained herein may include, but are not limited to, the successful completion of the 30 day due diligence period relating to the agreement , the ability of Tempus to successfully achieve business objectives, and expectations for other economic, business, and/or competitive factors.
  • Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of Tempus to control or predict, that may cause Tempus' actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein.
  • The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and Tempus does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws.
  • All subsequent written and oral forward-looking information and statements attributable to Tempus or persons acting on its behalf is expressly qualified in its entirety by this notice.

Real Luck Group Ltd. Announces Management and Director Appointment and Grant of Stock Options and Incentive Bonus

Thursday, January 7, 2021 - 10:00pm

Prior to that, Mr. Kaspi served as Finance Director of Global-e, a top European provider of seamless cross-border E-commerce solutions.

Key Points: 
  • Prior to that, Mr. Kaspi served as Finance Director of Global-e, a top European provider of seamless cross-border E-commerce solutions.
  • Mr. Kaspi holds an MBA degree in Finance from Tel-Aviv University in Israel and a BA in Economics and Management.
  • With Ms. Archibald's appointment, Mike Stevens, co-founder of the Luckbox group and current director of the Company has resigned as Corporate Secretary to focus on his board role.
  • Issuance of the Bonus Shares, in accordance with the Incentive Bonus, remains subject to the approval of the Exchange.

Silver Dollar Resources Inc. Responds to OTC Markets Request on Recent Promotional Activity

Thursday, January 7, 2021 - 9:00pm

Vancouver, British Columbia--(Newsfile Corp. - January 7, 2021) - Silver Dollar Resources Inc. (CSE: SLV) (OTCQB: SLVDF) ("Silver Dollar" or the "Company") announces that it has been requested by OTC Markets Group Inc. ("OTC Markets") to issue this statement about promotional activity concerning its common stock.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - January 7, 2021) - Silver Dollar Resources Inc. (CSE: SLV) (OTCQB: SLVDF) ("Silver Dollar" or the "Company") announces that it has been requested by OTC Markets Group Inc. ("OTC Markets") to issue this statement about promotional activity concerning its common stock.
  • The Company has been advised by OTC Markets that OTC Markets takes the position that aspects of the statements were overly promotional.
  • Further, the Company understands this promotional activity may have coincided with increased trading activity in the Company's common shares beginning on or about January 4, 2021.
  • About Silver Dollar Resources Inc.
    Silver Dollar Resources Inc. is a mineral exploration company focused on creating shareholder value by finding and developing economic precious and base metal deposits.

SEC Issues Over $1.1 Million to Multiple Whistleblowers

Thursday, January 7, 2021 - 7:37pm

In the first order, the SEC awarded three whistleblowers almost $500,000 in connection with two related enforcement actions.

Key Points: 
  • In the first order, the SEC awarded three whistleblowers almost $500,000 in connection with two related enforcement actions.
  • In the second order, the SEC awarded nearly $600,000 to a whistleblower whose information caused the opening of an investigation.
  • The SEC has awarded approximately $737 million to 133 individuals since issuing its first award in 2012.
  • As set forth in the Dodd-Frank Act, the SEC protects the confidentiality of whistleblowers and does not disclose information that could reveal a whistleblower's identity.

TRU Precious Metals Signs Binding Term Sheet with Altius Minerals Subsidiary for Option to Purchase Golden Rose Project

Thursday, January 7, 2021 - 7:06pm

Fredericton, New Brunswick--(Newsfile Corp. - January 7, 2021) - TRU Precious Metals Corp. (TSXV: TRU); (OTCQB: TRUIF) ("TRU" or the "Company") is pleased to announce that it has entered into a binding term sheet with a subsidiary of TSX-listed Altius Minerals Corporation (TSX: ALS) ("Altius") for the option (the "Option") to purchase Altius' Golden Rose project located in the southwestern portion of the Central Newfoundland Gold Belt (the "Golden Rose Project").

Key Points: 
  • Fredericton, New Brunswick--(Newsfile Corp. - January 7, 2021) - TRU Precious Metals Corp. (TSXV: TRU); (OTCQB: TRUIF) ("TRU" or the "Company") is pleased to announce that it has entered into a binding term sheet with a subsidiary of TSX-listed Altius Minerals Corporation (TSX: ALS) ("Altius") for the option (the "Option") to purchase Altius' Golden Rose project located in the southwestern portion of the Central Newfoundland Gold Belt (the "Golden Rose Project").
  • TRU Co-Founder and CEO Joel Freudman commented: "We are thrilled to be partnering with Altius to explore and develop the Golden Rose Project.
  • It is located between Marathon Gold Corp.'s ("Marathon") Valentine Gold Project to the northeast, where Marathon has reported 3.09 million ounces (Moz.)
  • The Valentine Lake structural corridor transects the full length of the Golden Rose Project, hosting over 45 km of prospective strike-length for Au mineralization.

ALYI - Alternet Systems ReVolt EV Motorcycle Nears Production; CEO Explains How It Could Impact His Company

Thursday, January 7, 2021 - 6:29pm

Dallas, Texas--(Newsfile Corp. - January 7, 2021) - Alternet Systems (OTC Pink: ALYI) classically designed ReVolt EV motorcycle can contribute to a breakout year for the Company.

Key Points: 
  • Dallas, Texas--(Newsfile Corp. - January 7, 2021) - Alternet Systems (OTC Pink: ALYI) classically designed ReVolt EV motorcycle can contribute to a breakout year for the Company.
  • Specifically, the ReVolt EV is being positioned to earn a substantial share of the African ride-share (boda-boda) motorcycle taxi market.
  • The Company announced late last year that they have received pre-orders for 2000 of the ReVolt EV bikes.
  • The Greenlight interview can be viewed read in its entirety at the following link below:
    Executive Spotlight: Alternet Systems ReVolt EV Motorcycle Nears Production; CEO Explains How It Could Impact His Company
    To learn more and keep up with the latest updates at Alternet Systems, Inc., visit https://www.alternetsystems.com/ .

WSGF Announces Vaycaychella Cryptocurrency Survey

Thursday, January 7, 2021 - 5:36pm

Dallas, Texas--(Newsfile Corp. - January 7, 2021) - World Series of Golf, Inc. (OTC Pink: WSGF) ("WSGF") today announced a cryptocurrency survey in conjunction with its developing cryptocurrency strategy.

Key Points: 
  • Dallas, Texas--(Newsfile Corp. - January 7, 2021) - World Series of Golf, Inc. (OTC Pink: WSGF) ("WSGF") today announced a cryptocurrency survey in conjunction with its developing cryptocurrency strategy.
  • Vaycaychella is a subsidiary operation of WSGF acquired last year that now represents the company's primary business focus.
  • WSGF plans to beta launch its Vaycaychella P2P app to beta users in February 2021 with a production launch anticipated in June.
  • In conjunction with the development of its cryptocurrency strategy, the company has today launched a cryptocurrency survey as part of an overall effort to gather important information in developing its overall cryptocurrency strategy.

Creo To Present at Biotech Showcase(TM) Digital 2021

Thursday, January 7, 2021 - 5:34pm

San Diego, California--(Newsfile Corp. - January 7, 2021) - Creo, an ingredient company with a proprietary platform for producing natural rare cannabinoids without the cannabis plant, today announced that it is participating in Biotech Showcase 2021 and providing an on-demand company presentation.

Key Points: 
  • San Diego, California--(Newsfile Corp. - January 7, 2021) - Creo, an ingredient company with a proprietary platform for producing natural rare cannabinoids without the cannabis plant, today announced that it is participating in Biotech Showcase 2021 and providing an on-demand company presentation.
  • Creo will provide an on-demand company presentation at Biotech Showcase 2021.
  • Creo is partnered with biotech industry-leader Genomatica to create a patented fermentation technology platform, allowing for the better production of rare cannabinoids.
  • Creo is an ingredient company that produces rare and novel cannabinoids using the age-old natural process of fermentation, coupled with cutting-edge technological innovation.

Life on Earth, Inc. Signs Definitive Agreement to Acquire Assets of KloudGaze, Inc.

Thursday, January 7, 2021 - 5:30pm

The terms of the transaction would allow the existing stakeholders of Life On Earth, Inc. to retain a majority stake in the Company, with its new software technology assets, according to filings and statements from the Company.

Key Points: 
  • The terms of the transaction would allow the existing stakeholders of Life On Earth, Inc. to retain a majority stake in the Company, with its new software technology assets, according to filings and statements from the Company.
  • KloudGaze seeks to revolutionize the way large companies manage their applications, execute changes, and ensure compliance.
  • KloudGaze, Inc. is a Minnesota based enterprise software provider enabling rapid innovation and keeping the operations safe, compliant, and manageable.
  • The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements.

Paul G. Cellupica, Division of Investment Management Deputy Director and Chief Counsel to Conclude Tenure at SEC

Thursday, January 7, 2021 - 5:17pm

Washington, D.C.--(Newsfile Corp. - January 7, 2021) - The Securities and Exchange Commission today announced that Paul G. Cellupica, Deputy Director and Chief Counsel of the Division of Investment Management, will depart the agency later this month.

Key Points: 
  • Washington, D.C.--(Newsfile Corp. - January 7, 2021) - The Securities and Exchange Commission today announced that Paul G. Cellupica, Deputy Director and Chief Counsel of the Division of Investment Management, will depart the agency later this month.
  • Mr. Cellupica rejoined the division as Deputy Director in November 2017, and became Chief Counsel in June 2018.
  • Mr. Cellupica previously served in several leadership capacities in the Division of Investment Management and the Division of Enforcement from 1996 to 2004.
  • Upon Mr. Cellupica's departure, Brent Fields will become acting Deputy Director and acting Chief Counsel of the Division of Investment Management.

Discovery Harbour Caldera Drill Permit Still Pending

Thursday, January 7, 2021 - 4:00pm

Vancouver, British Columbia--(Newsfile Corp. - January 7, 2021) - Discovery Harbour Resources Corp. (TSXV: DHR) (OTC Pink: DCHRF) (FSE: 4GW) (the "Company" or "Discovery Harbour") is updating the status of its Caldera drill permit under its Exploration Plan of Operations (the "Plan") from the United States Forest Service ("USFS").

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - January 7, 2021) - Discovery Harbour Resources Corp. (TSXV: DHR) (OTC Pink: DCHRF) (FSE: 4GW) (the "Company" or "Discovery Harbour") is updating the status of its Caldera drill permit under its Exploration Plan of Operations (the "Plan") from the United States Forest Service ("USFS").
  • Because of anticipated spring drilling restrictions attached with the final drill permit approval and the length of time for the drill permit approval process, the Company believes that it will not be able to initiate the planned drill program until summer of this year.
  • However, we continue to work with the USFS so that we can initiate the drill program upon receipt of the drill permit.
  • Such forwardlooking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of Discovery Harbour, such as statements that Discovery Harbour intends to pursue the Caldera Project.

Couloir Capital Ltd. is Pleased to Announce the Initiation of Research Coverage on JAXON Mining Inc.

Thursday, January 7, 2021 - 3:44pm

Vancouver, British Columbia--(Newsfile Corp. - January 7, 2021) - Couloir Capital Ltd. is pleased to announce the initiation of research coverage on JAXON Mining Inc. (TSXV: JAX) (FSE: 0U31) (OTC: JXMNF).

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - January 7, 2021) - Couloir Capital Ltd. is pleased to announce the initiation of research coverage on JAXON Mining Inc. (TSXV: JAX) (FSE: 0U31) (OTC: JXMNF).
  • The initial report is titled, "JAXON Mining Inc. (TSXV: JAX) - Junior Targeting Large-Scale Polymetallic Porphyry Deposits in Top Jurisdiction."
  • JAXON Mining intends to pursue a two-phased drill campaign in 2021, with total planned drilling of up to 12,000 meters.
  • Couloir Capital Ltd. is affiliated with a registered securities dealer, Couloir Capital Securities Ltd., and an investment entity, the West Cirque Fund Limited Partnership.

BioHarvest Sciences Inc. Exceeds VINIA Israel Sales Orders Expectations for Q4/2020 and Doubles Its 2021 Forecast

Thursday, January 7, 2021 - 3:01pm

Sales orders received in Q4, 2020 represent a 416% increase over sales orders received in Q4, 2019.

Key Points: 
  • Sales orders received in Q4, 2020 represent a 416% increase over sales orders received in Q4, 2019.
  • Based on the demonstrated demand for VINIA, the company is increasing its 2021 Israel sales order forecast by 100% to US$1,400,000 as compared with its initial sales order forecast of US$700,000.
  • Customers in Israel recognize the superiority of the Piceid Resveratrol available only in VINIA at concentration levels that are able to provide functional benefits.
  • Based in Vancouver B.C., BioHarvest Sciences Inc. is the developer and exclusive owner of the proprietary and patent-protected BioFarming technology.

Geophysical Survey Set to Commence Followed by Drilling of East Grid as Golden Goliath Resumes Exploration on Its Kwai Project, Red Lake, Ontario

Thursday, January 7, 2021 - 2:30pm

The East Grid is also an area that could be a possible source of gold grains in the till.

Key Points: 
  • The East Grid is also an area that could be a possible source of gold grains in the till.
  • Recently received Whole Rock geochemical analysis shows that these basalts are the type of host rock found in the mines in Red Lake.
  • Golden Goliath Resources Ltd. is a junior exploration company listed on the TSX Venture Exchange (symbol GNG).
  • The Company is focused on exploring and developing the gold and silver potential of properties in the Red Lake District of Ontario.

North American Nickel Announces Change to Board of Directors & Extension to Greenland Exploration Licenses

Thursday, January 7, 2021 - 2:20pm

His leadership and insight have served the company very well enabling NAN to broaden our relationships with key strategic partners in the mining industry.

Key Points: 
  • His leadership and insight have served the company very well enabling NAN to broaden our relationships with key strategic partners in the mining industry.
  • With Mr. Clark's departure, the Board will consist of 5 members, including Charles Riopel, Douglas Ford, Keith Morrison, Christopher Messina and Zhen Janet Huang."
  • North American Nickel has received notification from the Greenland government that surplus assessment credits from exploration conducted on NAN's exclusive mineral exploration licenses located on the southwest coast of Greenland have been extended by one year.
  • North American Nickel is a mineral exploration company with 100% owned properties in Maniitsoq, Greenland and Ontario, Canada.

Grass Monkey Medical Dispensary Portland, ME Now Offering Nurse Practitioner On-Site Medical Card Evaluations

Thursday, January 7, 2021 - 2:00pm

This includes having a nurse practitioner who comes in every Tuesday to write medical marijuana cards!

Key Points: 
  • This includes having a nurse practitioner who comes in every Tuesday to write medical marijuana cards!
  • Katryna Noyes, Vice President of Grass Monkey Cannabis Company, said, "We have brought in a nurse practitioner from Beach Health Center once a week to help Maine patients obtain their medical card.
  • The nurse practitioner will be at Grass Monkey every Tuesday from 12 PM to 6 PM and will be charging only $50 for the medical card.
  • Along with the unique aspect of having a weekly nurse practitioner, Grass Monkey Cannabis Company sets themselves apart from the ever growing Maine cannabis industry.

Franklin Mining Receives Report from Geologist on Future Mining Locations

Thursday, January 7, 2021 - 2:00pm

After reviewing the report, Franklin Mining CEO, William Petty, believes the best plan of operation will be to begin with tailing recovery and alluvium extraction to facilitate cashflow into the company.

Key Points: 
  • After reviewing the report, Franklin Mining CEO, William Petty, believes the best plan of operation will be to begin with tailing recovery and alluvium extraction to facilitate cashflow into the company.
  • A second phase mining operation will include terrace development in the same location.
  • Petty plans to later expand the operation to other mining locations in the area.
  • Please refer to the attached map of the region for further understanding of the upcoming mining operations.

3D CT Imaging Expert Joins Izotropic Advisory

Thursday, January 7, 2021 - 2:00pm

His research is focused on new medical imaging technologies and algorithms, including CT and cone-beam CT (CBCT), image reconstruction and registration, and the physics of image quality.

Key Points: 
  • His research is focused on new medical imaging technologies and algorithms, including CT and cone-beam CT (CBCT), image reconstruction and registration, and the physics of image quality.
  • Dr. Siewerdsen's contributions include the development of new 3D imaging systems for image-guided radiation therapy, image-guided surgery, and point-of-care diagnostic imaging in orthopaedics and neuro-critical care.
  • Underlying such systems are advanced algorithms for high-quality 3D image reconstruction and registration as well as mathematical models of 3D image quality to optimize the design of new imaging systems for particular imaging tasks.
  • Dr. Siewerdsen's appointment to the Scientific Advisory Board expands the Company's expertise in developing the Breast CT imaging platform for new and complementary products.

Canuc Reports Magnetic Anomalies at San Javier

Thursday, January 7, 2021 - 2:00pm

Toronto, Ontario--(Newsfile Corp. - January 7, 2021) - Canuc Resources Corporation (TSXV: CDA) (OTCQB: CNUCF) ("Canuc" or the "Company") is pleased to announce the receipt of data for the final report from a drone supported magnetic survey carried out over the Company's San Javier Ag-Au Project in Sonora State, Mexico.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - January 7, 2021) - Canuc Resources Corporation (TSXV: CDA) (OTCQB: CNUCF) ("Canuc" or the "Company") is pleased to announce the receipt of data for the final report from a drone supported magnetic survey carried out over the Company's San Javier Ag-Au Project in Sonora State, Mexico.
  • The Ag and Au association with magnetite is suggestive of Iron-Oxide-Copper-Gold (IOCG) style of mineralization, which has been previously recognized in the San Javier area.
  • Canuc is now carrying out detailed ground magnetic surveys on these targets and is scheduled to begin drilling in the next few weeks.
  • Canuc is a junior resource company holding the San Javier Silver-Gold Project in Sonora State, Mexico.

EnGold Lac La Hache Drilling Returns 5.05 Metres of 2.75% Copper Equivalent at G1-South

Thursday, January 7, 2021 - 2:00pm

Copper, $1,800/oz Gold, $23/oz Silver, Magnetite $75/tonne, and recovery is assumed to be 100% as no metallurgical test data is available.

Key Points: 
  • Copper, $1,800/oz Gold, $23/oz Silver, Magnetite $75/tonne, and recovery is assumed to be 100% as no metallurgical test data is available.
  • These latest results significantly extend G1-style semi-massive magnetite-copper carbonate replacement mineralization by approximately 200 metres further southeast of Main Zone into DDH G20-51 (less than 5m thick).
  • To view an enhanced version of this graphic, please visit:
    The above northwest-southeast simplified long-section illustrates the latest drilling results and interpretation.
  • EnGold ( www.engold.ca ) is focused on exploring its 100% owned mineral property located near the town of Lac La Hache in BC's prolific Cariboo mining region.

Gaia Metals Samples 5.7 g/t Gold and 49 g/t Silver in New Outcrop Discovery at the Freeman Creek Gold Property, Idaho, USA

Thursday, January 7, 2021 - 2:00pm

The discovery was made during construction of drill site access, exposing mineralized outcrop.

Key Points: 
  • The discovery was made during construction of drill site access, exposing mineralized outcrop.
  • The discovery is significant as it highlights a new area of interest not previously recognized.
  • Mineralization at Gold Dyke is hosted by strongly silicified meta-sediments with common vugs, quartz veining, and minor sulphides (pyrite, chalcopyrite).
  • The Company's flagship asset is the Freeman Creek Gold Property, located in Idaho, USA.

Fortune Nickel and Gold Inc. Acquires Strategic Nickel and Gold Lands Near Timmins, Ontario

Thursday, January 7, 2021 - 2:00pm

The property has an enormous blue-sky potential for nickel, base-metal and gold opportunities with multiple, near-surface, drill-ready targets.

Key Points: 
  • The property has an enormous blue-sky potential for nickel, base-metal and gold opportunities with multiple, near-surface, drill-ready targets.
  • This acquisition complements and supplements Fortune's 100%-owned Gowan nickel project that is located about 13 miles NE of Timmins, Ontario.
  • According to Paul Riss, CEO of Fortune Nickel and Gold Inc., "The company understands how converging economic forces are projected to send the price of gold significantly higher.
  • Fortune is dedicated to the global acquisition, exploration, and development of mining properties in prolific nickel and gold jurisdictions.

Minaurum Announces Option with Fortuna Silver

Thursday, January 7, 2021 - 1:45pm

Vancouver, British Columbia--(Newsfile Corp. - January 7, 2021) - Minaurum Gold Inc. (TSXV: MGG) (OTCQX: MMRGF) ("Minaurum") is pleased to announce that Minaurum and its wholly-owned subsidiary Minera Minaurum Gold, S.A. de C.V ("MGG"), along with Fortuna Silver Mines Inc. (NYSE: FSM) ("Fortuna") and Fortuna's wholly-owned subsidiary Compania Minera Cuzcatlan S.A. de C.V. ("CMC"), have entered into an option agreement, pursuant to which CMC can earn up to an 80% interest in MGG's Taviche silver project in Oaxaca, Mexico ("Taviche").

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - January 7, 2021) - Minaurum Gold Inc. (TSXV: MGG) (OTCQX: MMRGF) ("Minaurum") is pleased to announce that Minaurum and its wholly-owned subsidiary Minera Minaurum Gold, S.A. de C.V ("MGG"), along with Fortuna Silver Mines Inc. (NYSE: FSM) ("Fortuna") and Fortuna's wholly-owned subsidiary Compania Minera Cuzcatlan S.A. de C.V. ("CMC"), have entered into an option agreement, pursuant to which CMC can earn up to an 80% interest in MGG's Taviche silver project in Oaxaca, Mexico ("Taviche").
  • Upon earning the Initial Interest, Fortuna can then earn an additional 20% interest for a total 80% interest in the project by funding Minaurum 's acquisition by way of option exercise of the remaining 20% interest.
  • "We are excited to be partnering with Fortuna at the Taviche Silver project," stated Darrell Rader, President and CEO of Minaurum.
  • Under the terms of the option agreement, CMC will act as the operator of the project however all budgets, activities and programs during the option period will be managed by a technical committee consisting of two representatives of Fortuna and one representative of Minaurum.

C21 Announces Divestment of Non-Core Assets in Oregon

Thursday, January 7, 2021 - 1:36pm

Additional C$4.7 million in warrants exercised

Key Points: 
  • C21 Investments is a vertically integrated cannabis company that cultivates, processes, and distributes quality cannabis and hemp-derived consumer products in the United States.
  • The Company owns Silver State Relief and Silver State Cultivation in Nevada, and Phantom Farms, Swell Companies, Eco Firma Farms, and Pure Green in Oregon.
  • These brands produce and distribute a broad range of THC and CBD products from cannabis flowers, pre-rolls, cannabis oil, vaporizer cartridges and edibles.
  • Based in Vancouver, Canada, additional information on C21 Investments can be found at www.sedar.com and www.cxxi.ca .

Northern Sphere Announces Appointment of Chief Financial Officer

Thursday, January 7, 2021 - 1:32pm

Toronto, Ontario--(Newsfile Corp. - January 7, 2021) - Northern Sphere Mining Corp. (CSE: NSM) (OTC Pink: NSMCF) ("Northern Sphere" or the "Company") announces that Monique Delorme has resigned as Chief Financial Officer of the Company effective immediately.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - January 7, 2021) - Northern Sphere Mining Corp. (CSE: NSM) (OTC Pink: NSMCF) ("Northern Sphere" or the "Company") announces that Monique Delorme has resigned as Chief Financial Officer of the Company effective immediately.
  • The Company is pleased to announce that Arvin Ramos has been appointed as Chief Financial Officer of the Company in Ms. Delorme's stead, effective immediately.
  • Mr. Ramos serves as Chief Financial Officer of several junior mining companies.
  • For further details on Northern Sphere, please refer to our web site ( www.northernsphere.com ) and Northern Sphere's Canadian regulatory filings on SEDAR at www.sedar.com .

Cabral Gold Drills 34m @ 5.4 g/t gold Including 13m @ 13.4 g/t gold at the Machichie target, Cuiu Cuiu District, Brazil

Thursday, January 7, 2021 - 1:30pm

At the Machichie target, the initial RC drill hole, 40-20, returned 34m @ 5.4 g/t gold including 13m @ 13.4 g/t gold, within which a bonanza grade section returned 3m @ 48.2 g/t gold.

Key Points: 
  • At the Machichie target, the initial RC drill hole, 40-20, returned 34m @ 5.4 g/t gold including 13m @ 13.4 g/t gold, within which a bonanza grade section returned 3m @ 48.2 g/t gold.
  • The initial drilling in 2019 returned gold values which included 45.0m @ 1.0 g/t including 3.1m @ 7.3 g/t gold and 62.8m @ 0.9 g/t including 2.1m @ 15.3 g/t gold.
  • Hole 40-20 returned 34m @ 5.4 g/t gold from 0 to 34.0m including 13m @ 13.4 g/t gold from 18.0 to 31.0m, within which a high-grade section intersected 3m @ 48.2 g/t gold from 18.0 to 21.0m.
  • Hole 40-20 was drilled 175m east of the discovery drill holes at Machichie which returned 62.8m @ 0.9 g/t gold including 2.1m @ 15.3 g/t gold and 45m @ 1.0 g/t gold including 3.1m @ 7.3 g/t gold in 2019 (Figure 2).

GoldON Accelerates Acquisition of Bounty Claims in Ontario's Red Lake Gold Camp

Thursday, January 7, 2021 - 1:30pm

Bounty Claims Adjoin Block A of GoldON's West Madsen Gold Project and the Pure Gold Red Lake Mine property, Canada's newest high-grade gold mine

Key Points: 
  • In keeping with the terms of the option agreement, GoldON paid Bounty a total of $80,000 in cash and issued 250,000 common shares to complete the acquisition.
  • Bounty will retain a 2% net smelter returns royalty of which GoldON may purchase half for $1,000,000.
  • Bounty Gold Corp is a privately held gold exploration company based in Red Lake, Ontario.
  • Bounty Gold is focused on advancing its flagship 4,000-hectare Laird Lake Gold Project in Red Lake, where nine high-grade surface gold showings exceeding 5 g/t gold (up to 140.59 g/t gold in selective grab samples) have been exposed along 5.4 km of the geological contact between the Balmer-Confederation assemblages to the west of GoldON's West Madsen - Block A and the Pure Gold Red Lake Mine property.

Kelt Releases Inaugural ESG Report

Thursday, January 7, 2021 - 1:30pm

Calgary, Alberta--(Newsfile Corp. - January 7, 2021) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") is pleased to announce the release of its inaugural ESG Report, dated January 7, 2021, as part of its ongoing commitment to health and safety, responsible and sustainable resource development, good governance practices and community engagement.

Key Points: 
  • Calgary, Alberta--(Newsfile Corp. - January 7, 2021) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") is pleased to announce the release of its inaugural ESG Report, dated January 7, 2021, as part of its ongoing commitment to health and safety, responsible and sustainable resource development, good governance practices and community engagement.
  • Kelt is a publicly traded oil and gas exploration and development company that focuses on value creation for its shareholders over the long-term.
  • Kelt has a significant development inventory on its lands which include over 370,000 acres of Montney rights and over 74,000 acres of Charlie Lake rights.
  • Kelt Exploration Ltd., Suite 300, 311 - 6th Avenue SW, Calgary, Alberta, Canada T2P 3H2
    David J. Wilson, President and Chief Executive Officer (403) 201-5340, or
    Sadiq H. Lalani, Vice President and Chief Financial Officer (403) 215-5310.

CBD of Denver Inc. (CBDD) Engages Swiss and US Independent Auditors

Thursday, January 7, 2021 - 1:19pm

Denver, Colorado--(Newsfile Corp. - January 7, 2021) - CBD of Denver, Inc. (OTC: CBDD), a full-line CBD and Hemp oil company ("CBDD") and a producer and distributor of Cannabis and CBD products in Switzerland today announces they have signed an agreement with two accountants.

Key Points: 
  • Denver, Colorado--(Newsfile Corp. - January 7, 2021) - CBD of Denver, Inc. (OTC: CBDD), a full-line CBD and Hemp oil company ("CBDD") and a producer and distributor of Cannabis and CBD products in Switzerland today announces they have signed an agreement with two accountants.
  • CBD of Denver, Inc. (OTC: CBDD) a full-line CBD and Hemp oil company ("CBDD") and a producer and distributor of Cannabis and CBD products in Switzerland, Europe and the US.
  • CBDD offers a superior CBD product that is full spectrum without depending on THC to activate the benefits of cannabidiols.
  • Black Pearl CBD has 0% THC, but is not an Isolate where the THC is stripped from the product rendering it ineffective.

FACT Positioned to be Global Innovator in Fine Art and Collectible Authentication and Security

Thursday, January 7, 2021 - 1:15pm

FACT utilizes advanced forensic analysis tools and blockchain security to record asset data and provenance beyond what was previously possible.

Key Points: 
  • FACT utilizes advanced forensic analysis tools and blockchain security to record asset data and provenance beyond what was previously possible.
  • We are committed to delivering breakthrough products and services that will revolutionize security for the fine art and collectible market."
  • FACT utilizes ballistics technology currently employed by global law enforcement agencies to authenticate and analyze fine art and collectibles.
  • The FACT, Inc software application is applicable to various channels within the fine art and collectible industry including secured lending, insurance, dealers, auction houses, and grading companies.

Econic Crop Solutions Announces the Successful Completion of Its First Pilot Business Venture with the Nosim's Group of the Samson Cree Nation

Thursday, January 7, 2021 - 1:07pm

Samson Cree Nation administers a land area of 50 square miles with a population of approximately 3500 residents.

Key Points: 
  • Samson Cree Nation administers a land area of 50 square miles with a population of approximately 3500 residents.
  • This first $100,000 project, totally funded by Econic, was installed and commissioned at Samson on September 15, 2020.
  • The first harvest at this installation is planned for the end of January with expected revenue of $100,000 from the crop.
  • Brad Baptiste, spokesperson for the Nosim's Group of the Samson Cree Nation stated, "We are very excited about the future of this business venture with Econic.

K9 Gold Receives Interpretation of VTEM Survey on Stony Lake Project, Newfoundland; New High Priority Targets Identified

Thursday, January 7, 2021 - 1:00pm

The interpretation of the VTEM data was contracted out to Campbell & Walker Geophysics Ltd, of North Vancouver BC.

Key Points: 
  • The interpretation of the VTEM data was contracted out to Campbell & Walker Geophysics Ltd, of North Vancouver BC.
  • These stacked anomalies also correlate well with areas of known gold anomalies in lake sediments, till samples, rock samples from outcrop and boulders.
  • K9 CEO Jeff Poloni states "With the VTEM and Mag surveys we continue to define both lithological trends and structure.
  • K9 Gold Corp has assembled a highly-experienced and dynamic team to explore its Stony Lake Project.

Carlyle Appoints Mr. Sheldon Inwentash to Its Advisory Board

Thursday, January 7, 2021 - 1:00pm

Vancouver, British Columbia--(Newsfile Corp. - January 7, 2021) - CARLYLE COMMODITIES CORP. (CSE: CCC) (FSE: 1OZA,) (OTC Pink: DLRYF) ("Carlyle" or the "Company") is pleased to announce that its Board of Directors has approved an addition to its Advisory Board and has named accomplished and seasoned mining sector professional Mr. Sheldon Inwentash as its newest member.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - January 7, 2021) - CARLYLE COMMODITIES CORP. (CSE: CCC) (FSE: 1OZA,) (OTC Pink: DLRYF) ("Carlyle" or the "Company") is pleased to announce that its Board of Directors has approved an addition to its Advisory Board and has named accomplished and seasoned mining sector professional Mr. Sheldon Inwentash as its newest member.
  • Morgan Good, Chief Executive Officer of Carlyle, commented, "Carlyle is absolutely thrilled to have Mr. Inwentash join its Advisory Board.
  • Mr. Sheldon Inwentash is the Founder, Chairman and CEO of ThreeD Capital Inc. Mr. Inwentash has more than 30 years of investing experience.
  • Carlyle is based in Vancouver, B.C., and is listed on the Canadian Securities Exchange ("CSE") under the symbol "CCC".

Mercantile Bank International Corp. Announces Reverse Merger Transaction with Crucial Innovations Corp.

Thursday, January 7, 2021 - 1:00pm

San Juan, Puerto Rico--(Newsfile Corp. - January 7, 2021) - Mercantile Bank International Corp. ("MBI") ( www.mercantile-bank.com ), an innovative payments and digital asset custody bank based in Puerto Rico, today announced that on December 31, 2020, it executed a definitive agreement, subject to required approvals, for a reverse merger with Crucial Innovations Corp. (OTC Pink: CINV), a shell company.

Key Points: 
  • San Juan, Puerto Rico--(Newsfile Corp. - January 7, 2021) - Mercantile Bank International Corp. ("MBI") ( www.mercantile-bank.com ), an innovative payments and digital asset custody bank based in Puerto Rico, today announced that on December 31, 2020, it executed a definitive agreement, subject to required approvals, for a reverse merger with Crucial Innovations Corp. (OTC Pink: CINV), a shell company.
  • This includes MBI's founder and CEO, J. Robert "Bo" Collins, Jr., the former president of the New York Mercantile Exchange ("NYMEX"), who will remain as MBI's CEO.
  • Additional information regarding the transaction is set forth in Crucial Innovation's Current Report on Form 8-K dated January 4, 2021, which was filed with the Securities and Exchange Commission.
  • The transaction is subject to the final approval of MBI's primary banking regulator, the Office of the Commissioner of Financial Institutions of Puerto Rico.