Toronto

Frontera and CGX Announce $19 Million Loan Agreement

Saturday, April 17, 2021 - 4:51am

Enables CGX to Continue to Finance Its Share of Joint Venture Expenditures; Kawa-1 Remains On-Track to Spud in 2H21

Key Points: 
  • "Completing the loan agreement with CGX is an important step forward and the Joint Venture remains firmly on-track to spud its first offshore Guyana well as planned in the second half of this year.
  • "\n"These are exciting times for CGX, the Joint Venture and our stakeholders as we get closer to spudding Kawa-1," said Professor Suresh Narine, Executive Co-Chairman of CGX.
  • The Loan, together with all interest accrued, shall be due and payable on June 30, 2022, or such later date as determined by Frontera, at its sole discretion.
  • If the Loan is extended by Frontera past June 30, 2022, at its sole discretion, the new interest rate will be 15% per annum.

IGT.BETS Clarifies Disclosure Relating to Mr. Chris Neville

Friday, April 16, 2021 - 10:36pm

The Company is aware of claims being made by Mr. Neville, and believes the subject matter of Mr. Neville\'s claims to be without merit.

Key Points: 
  • The Company is aware of claims being made by Mr. Neville, and believes the subject matter of Mr. Neville\'s claims to be without merit.
  • Mr. Neville remains a director of the Company.\nIn addition, Mr. Neville has notified the Company that he intends to commence an action for wrongful dismissal and an oppression claim, which directly contradicts Mr. Neville\'s claim that he remains the CEO.
  • Mr. Neville is seeking damages based on bad faith and damage to his reputation.
  • Forward-looking statements contained in this press release include the statement regarding the Company\'s intention to counter sue Mr. Neville.

American Aires Inc. Responds to OTC Markets Request on Recent Promotional Activity

Friday, April 16, 2021 - 9:26pm

Each of the promotional e-mails distributed presented factual statements regarding the Company\'s products and indicated the Company\'s potential for growth.

Key Points: 
  • Each of the promotional e-mails distributed presented factual statements regarding the Company\'s products and indicated the Company\'s potential for growth.
  • The Company has been advised by OTC Markets that OTC Markets takes the position that aspects of the statements were overly promotional.
  • The Company does not believe the promotional activities were a factor in the recent increase in trading volume in the Company\'s common shares.
  • The Company has not.\nAmerican Aires Inc. ("Aires") is Canadian-based nanotechnology company which has developed proprietary silicon-based microprocessors that reduce the harmful effects of electromagnetic radiation (EMR).

Universal PropTech Inc. Announces Option Grant

Friday, April 16, 2021 - 9:30pm

b'Toronto, Ontario--(Newsfile Corp. - April 16, 2021) - Universal PropTech Inc. (TSXV: UPI) (FSE: 8LH) ("UPI" or "the Company") announces today that it has granted 100,000 options to an employee pursuant to the Company\'s stock option plan.

Key Points: 
  • b'Toronto, Ontario--(Newsfile Corp. - April 16, 2021) - Universal PropTech Inc. (TSXV: UPI) (FSE: 8LH) ("UPI" or "the Company") announces today that it has granted 100,000 options to an employee pursuant to the Company\'s stock option plan.
  • The stock options vest in the following schedule: 30% immediately, 30% on the six-month anniversary of grant; and 40% on the one year anniversary of grant, and may be exercised at a price of $0.45 for a period of three years from the date of grant.
  • The grant of options is subject to the approval of the TSX Venture Exchange.\nUniversal PropTech Inc. (TSXV: UPI) (FSE: 8LH ) is a leading building innovation company, selecting, integrating, deploying, and maintaining PropTech in healthy buildings.
  • VCI\'s business focuses on digital controls and mechanical services, performance monitoring, and energy efficiency solutions.\nWith headquarters in Toronto, Universal PropTech Inc. has offices across Canada including, Halifax, Montreal, and Ottawa.

Leveljump Announces Fiscal 2020 Earnings and Results

Friday, April 16, 2021 - 6:16pm

b'Toronto, Ontario--(Newsfile Corp. - April 16, 2021) - LevelJump Healthcare Corp. (TSXV: JUMP) ("LevelJump" or the "Company"), a Canadian leader in B2B telehealth solutions, is pleased to announce today its reported financial results for the year ended December 31, 2020.

Key Points: 
  • b'Toronto, Ontario--(Newsfile Corp. - April 16, 2021) - LevelJump Healthcare Corp. (TSXV: JUMP) ("LevelJump" or the "Company"), a Canadian leader in B2B telehealth solutions, is pleased to announce today its reported financial results for the year ended December 31, 2020.
  • For the year ended December 31, 2020, total revenue was $5.45 million compared to $5.37 million for the year ended December 31, 2019.\nTotal operating expenses increased to $0.63 million for the three months ended December 31, 2020 compared to $0.32 million for the three months ended December 31, 2019.
  • For the year ended December 31, 2020, total operating expenses were $1.1 million compared to $0.8 million for the year ended December 31, 2019.\nFor the three months ended December 31, 2020, adjusted EBITDA increased to $0.08 million compared to $nil million in the comparative quarter.
  • "We were able to navigate through a tough second quarter due to COVID-19 and still have increased revenue and profitability for 2020.

Lendified Files Annual Financial Statements

Friday, April 16, 2021 - 1:22pm

b'Toronto, Ontario--(Newsfile Corp. - April 16, 2021) - Lendified Holdings Inc. (formerly, Hampton Bay Capital Inc.) (TSXV: LHI) ("Lendified" or the "Company") announces it has filed its audited annual financial statements for the year ended December 31, 2020 (the " Financial Statements") and related management and discussion (the "MD&A").

Key Points: 
  • b'Toronto, Ontario--(Newsfile Corp. - April 16, 2021) - Lendified Holdings Inc. (formerly, Hampton Bay Capital Inc.) (TSXV: LHI) ("Lendified" or the "Company") announces it has filed its audited annual financial statements for the year ended December 31, 2020 (the " Financial Statements") and related management and discussion (the "MD&A").
  • The forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "plan, "estimate", "expect", "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions.
  • The Company\'s ongoing quarterly filings should be consulted for additional information on risks and uncertainties relating to these forward-looking statements.
  • Investors should not place undue reliance on any forward-looking statements.

Relay Medical & Fio Address COVID-19 Vaccines, Variants and the Continued Need for Widespread Rapid Testing

Friday, April 16, 2021 - 8:00am

The Fionet platform can also support antibody testing to verify that vaccinated populations are still immune.\n"The virus is evolving genetically, so testing programs must evolve technologically.

Key Points: 
  • The Fionet platform can also support antibody testing to verify that vaccinated populations are still immune.\n"The virus is evolving genetically, so testing programs must evolve technologically.
  • Our platform enabled lab-quality testing at Toronto Pearson Airport - an unimagined requirement a year ago.
  • It brings quality control, flexibility, and high throughput to rapid diagnostic tests in community settings.
  • RDTs can be used for rapid screening of active COVID-19 infections using antigen tests and monitoring of immunity and past infections through antibody testing.

C3 Metals Announces Grant of Options

Thursday, April 15, 2021 - 10:50pm

b"C3 Metals Inc. is a junior minerals exploration company focused on creating substantive value for its shareholders through the discovery and development of large copper and gold deposits.

Key Points: 
  • b"C3 Metals Inc. is a junior minerals exploration company focused on creating substantive value for its shareholders through the discovery and development of large copper and gold deposits.
  • The Company's flagship project is the 5,700-hectare Jasperoide high-grade copper-gold skarn and porphyry system located in the prolific Andahuaylas-Yauri Porphyry-Skarn belt of southern Peru.
  • Mineralization at Jasperoide is hosted in a similar geological setting to the nearby major mining operations at Las Bambas (MMG), Constancia (Hudbay) and Antapaccay (Glencore).
  • C3 Metals also holds a 100% interest in five licenses covering 207 km2 of highly prospective copper-gold terrain in Jamaica, a 100% interest in two porphyry copper-gold properties, with one under option to Tocvan Ventures, covering 304 km2 within the Cascade Magmatic Arc in southwestern British Columbia and a 100% interest in the 46 km2 Stewart Brook gold project in the Meguma gold belt of Nova Scotia.\nNeither the 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.\nTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/80607\n"

RISE Life Science Corp. Announces Closing of Non-Brokered Financing

Thursday, April 15, 2021 - 10:31pm

The participants in the Offering and the extent of such participation were not finalized until shortly prior to the completion of the final tranche of the Offering.

Key Points: 
  • The participants in the Offering and the extent of such participation were not finalized until shortly prior to the completion of the final tranche of the Offering.
  • The Company has developed an expertise in the development of topical and edible cannabis products as well as legal and regulatory issues including novel food authorizations.
  • As a result of these risks and uncertainties, the results or events predicted in these forward-looking statements may differ materially from actual results or events.
  • Accordingly, readers should not place undue reliance on forward-looking statements.\n'

SusGlobal Energy Corp. Reports Fourth Quarter and Full Year 2020 Financial Results

Thursday, April 15, 2021 - 10:38pm

The Marks were registered under Registration Number 6,197,171 and Registration Number 6,195,955 on November 10, 2020 on the Supplemental Register.

Key Points: 
  • The Marks were registered under Registration Number 6,197,171 and Registration Number 6,195,955 on November 10, 2020 on the Supplemental Register.
  • Now that the Marks are registered, it is permitted to use indicia of registration (e.g.
  • Office").\nOn January 19 and January 20 of 2021, the Company signed payoff agreements for all its outstanding convertible notes totaling US$1.52 Million.
  • It is management\'s objective to grow SusGlobal into a significant sustainable waste to energy and regenerative products provider, as Leaders in The Circular Economy\xc2\xae.