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NA Proactive news snapshot: Nextech AR Solutions, BioVaxys Technology, SpotLite360 IOT Solutions, Mountain Boy Minerals UPDATE … – Proactive Investors USA

Pharma & Biotech
Coronavirus
Cannabis
Battery Metals
Psychedelics
Pharma & Biotech
Coronavirus
Cannabis
Battery Metals
Psychedelics
17:30 Fri 03 Jun 2022
A glance at some of the day’s highlights from the Proactive Investors US and Canada newswires
Nextech AR Solutions Corp said the company and its wholly-owned subsidiary ARWAY Ltd have entered into a binding agreement with PC 1 Corp to acquire ARWAY’s assets. The company said the agreement was negotiated at arm’s length and was effective as of June 1, 2022. ARWAY’s principal asset is an application called ARitize Maps, a no-code web-based, end-to-end Metaverse creator platform, including AR navigation, multiple creators, version control, and analytics.
BioVaxys Technology Corp has announced that its research collaboration with Ohio State University to jointly evaluate the company’s novel approach for a “universal vaccine” to treat a broad range of sarbecoviruses has reached a new milestone. The company said Ohio State has completed the preparation of the surrogate virus neutralization assays for the SARS-CoV-2 variants, as well as Pangolin-Cov-GD1 and Bat-CoV-RaTG13 sarbecoviruses. The next step will be immunizing the test animals with BVX-1021, BioVaxys’ “booster” vaccine to be administered with current SARS-CoV-2 vaccines, to target sarbecoviruses.
SpotLite360 IOT Solutions Inc. has posted revenue of C$0.944 million in the three months ended March 31, 2022 compared to C$0.199 million in the quarter ended December 31, 2021 as a result of a new customer implementation. The company said the new business is anticipated to generate more than C$12 million in revenue throughout 2022. “We are very excited to show these results and further validate our strategy of delivering supply chain transparency, trust and proof of sustainability claims to both customers and consumers,” Spotlite360 president and CEO James Greenwell said in a statement.
Mountain Boy Minerals Ltd reported results from a geophysical survey at its Southmore copper-gold project that it said further supports the large-scale porphyry potential of the project. Information from the SkyTEM survey flown last fall was interpreted together with results from work in the early 1990s and from two field seasons by Mountain Boy’s geologists, the company said. “The SkyTEM results supplement the information from the field work, supporting the premise that the widespread copper and gold values at Southmore could be related to a porphyry system,” Lucia Theny, vice president at Mountain Boy said in a statement. Assays of up to 3.6 grams per tonne gold, 111 grams per tonne silver, 20.2% copper, 2.85% lead and 12.4% zinc were returned from the property.
Globex Mining Enterprises Inc informed shareholders that Cartier Resources Inc has announced that InnovExplo Inc have been awarded a mandate to estimate the gold resources of the Nordeau West deposit located 450 metres east of Cartier’s Chimo Mine. Globex noted that it retains a 3% Gross Metal Royalty on the Nordeau West deposit as well as a large number of other claims to the east along the Cadillac Break corridor. “This new resource estimate will allow the NI 43-101 resources of the Nordeau West deposit to be integrated with the resource estimate parameters that take into account the lateral proximity of the existing and projected mining infrastructures of the Chimo Mine property,” Cartier Resources CEO Philippe Cloutier said in a statement. 
Naturally Splendid Enterprises Ltd has announced that it will be presenting the Plantein line of plant-based entrees at the Planted Expo in Vancouver this weekend. Held on June 4 and 5 at the Vancouver Convention Centre, Planted Expo is Canada’s largest plant-based event of the year, focused on consumers looking to add more plant-based choices to their daily diets. Naturally Splendid said it would be featuring eight Plantein plant-based entrees at the expo including a Burger; Crispy Burger; Crumbed Tenders; Sweet Chili Tenders; Nuggets; Schnitzel cutlet; Garlic Kiev; and a Phishy Fillet.
Perk Labs Inc, which is helping restaurants transition to the digital economy through its Perk Hero platform, revealed that it signed an agreement with restaurant chain Deer Garden Signatures to provide them with Perk’s new online ordering services and a letter of intent with bubble tea chain, Chun Fun How, to develop a custom branded app. “We’re beyond pleased that Deer Garden Signatures has chosen Perk as its online ordering partner,” Perk interim vice president of sales Justin Strange said in a statement. “Perk’s new online ordering feature is an easy-to-launch ordering solution that provides everything restaurants need to quickly start accepting pickup and delivery orders through their existing website.” Strange noted that consumer “demand for order ahead and curbside pickup is here to stay,” and brands that maximize efficiency will gain “a significant competitive edge.”
Boosh Plant-Based Brands Inc has announced changes to its leadership team, saying its founder and president Connie Marples will also serve as interim CEO. The company noted that Jim Pakulis has stepped down as CEO and as a member of the board. The company will issue Pakulis a bonus of 500,000 shares, with each share having a deemed value of $0.25 per share and subject to a four-month and one day hold period ending on October 3, 2022.
Cypher Metaverse Inc has provided an update from blockchain company Arcology’s leadership team, which said it has engaged Baker Tilly WM Advisory to review the Arcology platform. Arcology is owned by Capital Blocktech Inc, of which Cypher owns 30%, according to the company. “This engagement will help advance the Arcology Blockchain Network roll out: the technical team at the Digital Technology and Risk practice of Baker Tilly has the experience, rigor and expertise to help us move our revolutionary blockchain ecosystem forward,” Arcology CEO Laurent Zhang said in a statement.
Fobi AI Inc announced that it has appointed Sam Sangha as the company’s new investor relations manager, effective June 7, 2022. The data intelligence firm said Sangha brings over 15 years of investor relations and business development experience with publicly-listed companies in the technology, fintech and resource industries. 
enCore Energy Corp announced that it will be at the Metals Investor Forum 2022 to be held at the Delta Hotel, Toronto on June 11-12, 2022. The company said its Executive Chairman William Sheriff will make a presentation on June 12 at 3.00 pm. The presentation will be followed by a followed by question and answer session. Investors can register here.
Sonoro Gold Corp has said that on Tuesday, June 7, 2022, its CEO Ken MacLeod will be doing a webinar with Amvest Capital. Investors can register to attend via the following link: https://www.amvestcapital.com/webinar-directory/sonorogold060722
Agra Ventures Ltd said its board of directors has approved the company’s issuance of 54,636 common shares at a deemed price of approximately 52 cents per share as payment of the portion of the quarterly amount of interest due in shares on a loan entered into in December of 2020. All shares issued will be subject to a minimum hold period of four months and one day from the date of issuance.
Todos Medical Ltd has announced that its academic partner, Dr. Thomas Arendt at Leipzig University, has completed full enrollment for the second cohort of the ongoing clinical trial to evaluate the concordance of the LymPro Alzheimer’s Blood Test scores with amyloid PET imaging scores. The company said it expects the data to be released in the summer. The LymPro (Lymphocyte Proliferation) Test determines the ability of peripheral blood lymphocytes (PBLs) and monocytes to withstand an exogenous mitogenic stimulation that induces them to enter the cell cycle. 
Virtual Investor Conferences, the leading proprietary investor conference series, in partnership with KCSA Strategic Communications, announced the agenda for the upcoming KCSA Cannabis Virtual Investor Conference to be held on June 7. Individual investors, institutional investors, advisors, and analysts are invited to attend, said the organization. The program begins at 9:00 AM ET on Tuesday, June 7. Here is the registration link . In a statement, KCSA Strategic Communications Managing Director Phil Carlson said: “For this event, we have partnered with OTC Markets Group and ATB Capital Markets and look forward to the upcoming presentations and fireside chats as we aim to drive awareness to the investor community.”
Lavras Gold Corp has said it will consolidate its issued and outstanding common shares based on 10 pre-consolidation Common Shares for 1 post-consolidation common share. The common shares are expected to commence trading on the Toronto Venture Exchange on a consolidated basis on or about June 7, 2022.
Bluerush Inc said the TSX Venture Exchange has accepted for filing documentation with respect to its non-brokered private placement announced on March 10, 2022, April 29, 2022, and May 31, 2022, which saw the issue of 8,434,375 common shares at a purchase price of 6.4 cents per share together with 4,217,187 share purchase warrants with an exercise price of 9.6 cents per share for a 48-month period, subject to acceleration with three placees.
INDVR Brands Inc has said it anticipates delays in filing its audited annual financial statements for the year ended January 31, 2022, the related management’s discussion and analysis, and chief executive officer and chief financial officer certifications due to a combination of factors. The company estimates that it will require approximately an additional six weeks to complete the process of preparing the annual filings and in any event INDVR will use its best efforts to complete the process within the next two months.
LithiumBank Resources Corp announced that the TSX Venture Exchange (TSX-V) has approved the listing of 2,282,994 common share purchase warrants issued by the company upon the automatic conversion of the 4,565,989 special warrants previously issued by the company, pursuant to a private placement that closed in two tranches on September 27, 2021, and October 15, 2021. The warrants will be posted for trading on the TSX-V at market open on June 8, 2022, under the symbol ‘LBNK.WT’.  Each warrant entitles the holder to acquire one common share of the company at an exercise price of $2 per share until 5 PM PST on February 16, 2025. 
Adyton Resources Corp announced that it has successfully completed a wardens hearing for the renewal of exploration licence EL 2549. The exploration company said the hearing, which is a mandatory process step in the renewal for all exploration licences in Papua New Guinea (PNG), was conducted by senior Mineral Resources Authority (MRA) mining warden Kopi Wapa on May 31, 2022, at Wapolu village on Fergusson Island with all principal landowners present. “In PNG the wardens hearing is an important, mandatory part of the regulatory process for renewing exploration licences and provides an opportunity for the impacted stakeholders to provide input into the renewal process,” Adyton Resources managing director Tim Crossley said in a statement.  “The hearing confirmed strong support by land holders and other stakeholders for Adyton to continue its exploration activities,” Crossley added. Adyton noted that EL 2549 hosts the Wapolu prospect, which, together with the nearby Gameta prospect, is a key element to the company’s current commercialization assessment of the Fergusson Island projects. 
Aurelius Minerals Inc announced that senior management will take part in a live Virtual Non-Deal Roadshow hosted by Renmark Financial on Tuesday, June 7, 2022, at 2.00pm EDT. The company said it welcomes all stakeholders, investors and other individuals to register and attend this live event. Aurelius noted that the presentation will feature company CEO Mark N.J. Ashcroft and vice president, exploration Jeremy Niemi. Discussion will focus on the Maiden Mineral Resource Estimate on the company’s Aureus East Project, announced recently in Aurelius’ press release dated May 26, 2022. The presentation will be followed by a live Question and Answer session. Individuals interested in participating in this event will need to register using the following link:
https://www.renmarkfinancial.com/live-registration/renmark-virtual-non-deal-roadshow-tsx-v-aul-otcqb-aurqf-2022-06-07-120000.To ensure smooth connectivity, please access this link using the latest version of Google Chrome.
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