NA Proactive news snapshot: Sigma Lithium, Contakt World Technologies, Bragg Gaming, Alpine 4 Holdings UPDATE …

Sigma Lithium Corporation said it is mobilizing its workforce and equipment on site for production plant pre-construction activities at the company’s Grota do Cirilo lithium project in Brazil. Sigma Lithium noted the pre-construction stage, which involves the execution of the earthworks to build the foundation and infrastructure of the production plant, is expected to be completed within three months.

Contakt World (CSE:HELP) Technologies Corp. said Siddhartha Senroy has resigned as a director. The company said it appreciated Senroy’s contributions and wished him well in his future endeavours. Contakt World is a technology company developing and delivering SaaS solutions for the public and private sectors. Its portfolio presently includes the award-winning software platform, Smart Health RM, and HealthCheck by Stratum, which is used in over 1,000 locations, and a strategic partnership with Portum.

Bragg Gaming Group (TSX:BRAG, NASDAQ:BRAG) Inc said that its subsidiary, ORYX Gaming, will launch its platform and content in the Czech Republic through a deal with MERKUR, a major operator. ORYX inked a deal with MERKUR to provide a full turnkey solution covering a range of products and services, including its Player Account Management iGaming platform, and operational services like payment, fraud and data management. The deal includes the supplier’s FUZE player engagement tools like tournaments, missions and quests, according to a statement.

Alpine 4 Holdings, Inc, a leading operator and owner of small market businesses, said its third-quarter revenue grew 23% quarter-over-quarter as it makes “great strides” in recovering from the effects of coronavirus (COVID-19). The innovative incubation firm posted overall revenue of $17.39 million for the three months ended September 30, 2021, up from $14.13 in the earlier quarter. Compared with 3Q 2020, revenue was up 99%. Net profit for the quarter reached $2.48 million. The company’s president and CEO Kent Wilson said in a statement that the growth came despite its continuing supply chain issues in the construction services, manufacturing, and aerospace holdings, and the impact of COVID-19 on its workforce. The supply chain issues are likely to continue into the first two quarters of 2022, he added.

Silvercorp Metals Corp., the China-focused metals miner, reported increased cash flow from operations and revenue in its fiscal second quarter to end-September, bolstered by higher realized metals selling prices. In the three months to September 30, the company reported revenue of US$58.4 million, up from US$56.3 million in the second quarter a year earlier. Cash flow from operations for fiscal 2Q, 2022 came in at US$30.9 million, versus US$29.6 million in fiscal 2Q, 2021. Silvercorp put the increased revenue mainly down to increased gold, lead and zinc net realized selling prices, which were offset, though, by a decrease in the quantities of silver, gold, and lead sold.

Phunware Inc (NASDAQ:PHUN) said it has purchased an additional 100 bitcoin for approximately $6.20 million in cash at an average price of approximately $62,030 per bitcoin, inclusive of fees and expenses. As of November 4, 2021, Phunware said it holds an aggregate of approximately 127 bitcoin, which were acquired at an aggregate purchase price of approximately $7.75 million and an average purchase price of approximately $61,238 per bitcoin, inclusive of fees and expenses.

Bam Bam Resources (CSE:BBR) Corp said it has received results for 58 road cut-rock chip samples collected from the new drill road construction at the Majuba Hill project in Nevada. The company said the results “are very encouraging” with six samples returning greater than 2,000 parts per million ppm (0.2%) copper. All these samples occur within the western group of samples. Bam Bam noted that five samples along this road returned good gold assays with a high of 0.638 grams per ton (g/t) gold (Au), as the results are consistent with the copper leaching/enrichment model that the company is using to guide the drilling. The company said reverse circulation drilling is in-progress to expand and in-fill the Known-Copper Oxide mineralization. The rock chip zone is a 213 meter (700 feet) step-out from any previously drilling in the Known-Copper Oxide target area. All previous drilling was directed northward.

Codebase Ventures Inc. shared a progress update on its non-fungible token (NFT) investment, Instacoin UK, saying that the company’s Instacoin UK app is “progressing rapidly.” The app, which is expected to have an imminent release, is designed to simplify the creation of NFT assets from users’ social media. It has gone through extensive scale and blockchain testing. NFTs are the new and most popular way to sell digital content across the world, Codebase said, but until now the focus has been on large-value sales. The InstaCoin app is meant to bring the creation and auction element to the ordinary person.

Fobi AI (TSX-V:FOBI, OTCQB:FOBIF) Inc., a provider of real-time data analytics through artificial intelligence, said it has entered into an agreement with the University of Nevada Athletics to provide its CheckVax proof of coronavirus (COVID19) vaccination.  CheckVax will be utilized to speed up entry and to keep fans, student-athletes, and staff safe at all men’s and women’s basketball games at Nevada for this coming season, the company said. Fobi will earn revenue on this deal through an initial setup fee and monthly Wallet pass license fees.  “With the continued rollout of vaccine mandates across Canada and the US, we are starting to see incredible momentum for our CheckVax product,” Fobi CEO Rob Anson said in a statement. “This deal with Nevada helps validate the fact that CheckVax delivers both the best customer experience for proof of vaccination pre-screening as well as increased revenue for venues.” 

PharmaDrug Inc announced that the Terasaki Institute for Biomedical Innovation (TIBI) will commence in vitro characterization studies on PharmaDrug’s short-list of N, N-dimethyltryptamine (DMT) analogue molecules, which will support IND-enabling studies for the US Food and Drugs Administration (FDA) review. The psychedelic research company said that it has commissioned TIBI, under a research agreement, to develop a novel ocular drug delivery platform that aims to deliver psychedelic and tryptamine-based pharmaceuticals, related to DMT for eye diseases. “We are extremely excited to finalize the first stage of the program in devising an initial list and selecting a final set of two candidate DMT analogue molecules. Initial in vitro efficacy studies will commence immediately,” said Daniel Cohen, CEO of PharmaDrug.

Boosh Plant-Based Brands Inc (CSE:VEGI, OTC:VGGIF) (Boosh Plant-Based Brands Inc (CSE:VEGI, OTC:VGGIF), Boosh Plant-Based Brands Inc (CSE:VEGI, OTC:VGGIF)) said it has begun accepting orders from the food service industry, creating a fifth revenue stream for the company. Boosh noted the food sector includes, but is not limited to, providing meals to hotels, restaurants, bars, cafeterias, catering, airlines, and more. “The food service industry creates our 5th revenue stream. This is combined with our organic growth, acquisitions, expansion into the US and E-commerce in Canada and the US,” Boosh Plant-Based Brands CEO Jim Pakulis said in a statement.

LQwD FinTech Corp. (TSX-V:LQWD, OTCQB:LQWDF)said it has entered into an agreement with Maynard Communications Limited dated November 4, 2021, for various corporate communications services at an aggregate cost of C$740,000. The activities commenced on November 4, 2021, and will continue for a period of six months, renewable each month thereafter. “Branding, media relations and corporate awareness is of upmost importance and a critical component of our business strategy as we prepare to launch our suite of institutional-grade products and payment channels on the rapidly growing Bitcoin Lightning Network,” commented Shone Anstey, CEO of LQwD FinTech Corp. (TSX-V:LQWD, OTCQB:LQWDF) “We selected Maynard based on their proven success and they are a perfect fit to help LQwD’s ambitious goals of rapidly becoming one of the most dominant global Lightning Network service providers.”

Western Magnesium Corp has noted that factory acceptance testing of its electrical and instrumentation equipment has been fully approved and it is to ship a distributed control system to its pilot plant. The Washington, DC-based company which aims to be a low-cost producer of magnesium, a strategic metal prized for its strength and lightweight, explained that the Emerson DeltaV Distributed Control System (DCS) is a computerized control system that “controls, monitors, and stores” all variables of the company’s magnesium production processes in the plant. Known for its high reliability, the DCS will “ensure a safe, efficient and successful demonstration” of the proprietary Western Magnesium manufacturing process, said the company. “The equipment is scheduled to arrive at the commercial pilot plant facility this month,” it added.

Victory Resources Corporation said it has completed its previously-announced, non-brokered private placement financing, raising gross proceeds of C$1,093,995. The company said it intends to use the net proceeds for ongoing exploration and drilling on its projects, including the Smokey lithium property in Nevada, as well as for general working capital purposes. Victory Resources issued 19,890,816 company units in connection with the offering. Each unit was comprised of one company common share plus one common share purchase warrant, entitling the holder to purchase one additional common share of the company at a price of C$0.07 per share until November 4, 2023, which is subject to an acceleration clause. 

Virtual Investor Conferences, the leading proprietary investor conference series, has announced the agenda for the upcoming Critical and Precious Metals Investor Conference on November 10-11, 2021. The two-day investor-focused Webinar will feature presentations and speakers discussing worldwide investment opportunities in Critical Metals, including Copper, Base, Lithium, and Battery, and Precious Metals. Day one will showcase executives from exploration, development and production companies that are focused on key elements for global sustainable economic growth. Day two will focus on gold, silver and other precious metals. Individual investors, institutional investors, advisors, and analysts can listen to the executive management of metals and mining companies discuss their property positions, development schedules, market opportunity, and investment highlights using the following link: https://bit.ly/3nXKFRz. It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates.  There is no cost to log-in, attend live presentations or ask questions. “OTC Markets is delighted to host the Critical and Precious Metals virtual investor conference co-sponsored by Murdock Capital and TAA Advisory LLC,” said Jason Paltrowitz, executive vice president of Corporate Services at OTC Markets Group Inc. (OTCQX:OTCM) “We are pleased to provide a platform for issuers that allows them to engage a broader investor base.  We welcome the participation of our keynote speakers, Byron King, Chris Berry, Jack Lifton, Rob Keintz and Jeffrey M. Christian, at this signature event.” A real-time solution for investor engagement, Virtual Investor Conferences is part of OTC Market Group’s suite of investor relations services specifically designed for more efficient Investor Access.  Replicating the look and feel of on-site investor conferences, Virtual Investor Conferences combine leading-edge conferencing and investor communications capabilities with a comprehensive global investor audience network. To view a complete calendar of Virtual Investor Conferences, investors can visit: www.virtualinvestorconferences.com.

Kootenay Resources Inc noted that renowned investor Eric Sprott has announced that he acquired common shares of the company under the closing of the plan of arrangement between Kootenay Resources and Kootenay Silver Inc. (TSX-V:KTN), on October 29, 2021, as announced on November 2, 2021. Under the arrangement, among other things, the holders of common shares of Kootenay Silver received one new common share of the Kootenay Silver (each, a New KS Share) and 0.04 KR Shares, and each common share purchase warrant of Kootenay Silver (each a KS Warrant) was amended to entitle the holder to receive upon due exercise for the original exercise price, one New KS Share and 0.04 KR Shares. As a result of the arrangement, Sprott through, 2176423 Ontario Ltd., received 1,206,000 KR Shares (as well as New KS Shares) and upon exercise of 16,835,000 KS Warrants currently held, will be entitled to acquire 675,000 KR Shares (as well as New KS Shares) representing approximately 7.5% of the outstanding KR Shares on a non-diluted basis and approximately 11.3% of the outstanding KR Shares on a partially diluted basis assuming exercise of the KS Warrants. Prior to the arrangement, Sprott did not beneficially own or control any securities of Kootenay Resources. The securities are held for investment purposes, Sprott said, who noted he has a long-term view of the investment and may acquire additional securities including on the open market or through private acquisitions or sell the securities including on the open market or through private dispositions in the future depending on market conditions, reformulation of plans and/or other relevant factors.

Plurilock Security Inc has announced with deep sorrow that Molly Falconer de Ramel, one of the company’s directors, has passed away. The company noted that de Ramel joined the board of directors of Plurilock in March 2021, as previously announced on March 15, 2021, bringing with her 20 years of experience leading North American executives, as well as extensive coaching and media experience. In addition to her role as a director, Molly served as CEO of executive coaching firm Periwinkle, LLC. Prior to her coaching career, she worked as a news anchor and a reporter at Fox News Channel, where she produced live reports covering financial markets such as the NYSE and NASDAQ. She was a recipient of the prestigious John Harvard Scholar Award at Harvard University for which she graduated Magna Cum Laude. Robert Kiesman, chairman of Plurilock, commented: “When Plurilock became a public company last year, we quickly sought to increase the stature and sophistication of our board. Plurilock benefitted immensely when Molly Falconer de Ramel joined our company as a director, as she brought a tremendous amount of experience in the American business community and media. In addition to her stellar professional achievements, she was also a very pleasant and warm person to work with. We are all grateful to have known and worked with her, for what was far too short a time. On behalf of the Plurilock team, we send our sincere condolences to Molly’s family and friends.”

KetamineOne Capital Limited (LSE:CAPD) announced that Loreto Grimaldi has resigned from the company’s board of directors effective November 3, 2021. Ketamine One (NEO:MEDI.AQN) said it thanked Grimaldi for his service on its board of directors since June of this year.

QC Copper and Gold Inc. (TSX-V:QCCU, OTCQB:QCCUF)said the TSX Venture Exchange has accepted for filing a mining property acquisition agreement dated October 12, 2021, between QC Copper and Gold Inc. (TSX-V:QCCU, OTCQB:QCCUF) and 9219-8845 Quebec Inc., operating as Canadian Mining House, whereby the company may acquire a 100% interest in 38 mining claims, located in Scott and Levy townships in Quebec for a consideration of $10,000 cash and 150,000 common shares. The vendor retains a 2% net smelter return (NSR) royalty, with the company having the right to purchase one-half of the NSR (1%  royalty) for $500,000.

Vuzix Corporation (NASDAQ:VUZI), a leading supplier of Smart Glasses and Augmented Reality (AR) technology, has announced that the company will be participating in four upcoming virtual investor conferences. For each event, institutional investors will be able to schedule one-on-one meetings with management through the respective conference website or their sales contact. The Stifel 2021 Virtual Midwest One-on-One Growth Conference is taking place on November 11, the 12th Annual Craig-Hallum Alpha Select Conference on November 16, and the Barclay’s Global TMT Conference on December 8. Vuzix CEO Paul Travers will share his industry and company insights during his 11:00am ET presentation at the Ladenburg Thalmann Virtual Technology Expo 2021 on November 18. The presentation will be webcast live with registration available at conference.ladenburg.com or on Vuzix’ investor relations website at https://ir.vuzix.com/. 

TPCO Holding Corp – The Parent Company (OTCQX:GRAMF, NEO:GRAMU) – has announced that it will report financial results for the third quarter ended September 30, 2021, on Monday, November 15, 2021, after market close. The company will host a conference call to discuss the results at 5.00pm Eastern Time on the same day. Dial-in details – 1-(800) 437-2398; conference ID 8862639; webcast: https://produceredition.webcasts.com/starthere.jsp?ei=1507532&tp_key=72bab2f433, Replay details – 1 (888) 203-1112 or 1 (647)-436-0148; replay Code: 8862639; available until midnight Eastern Time Monday, November 22, 2021.

Mandalay Resources Corp has said its third-quarter 2021 financial results will be released after market close on November 09, 2021, followed by a conference call with Dominic Duffy, the company’s president and chief executive officer for investors and analysts on November 10, 2021, at 8.00am Toronto time. Analysts and interested investors are invited to participate using the following dial-in numbers: Toll-free (800) 582-0984; participant Number (212) 231-2912, conference ID 13724968. A replay of the conference call will be available until 11.59pm Toronto time, November 24, 2021, and can be accessed using the following dial-in number: Encore Toll-Free (877) 660-6853; encore ID 13724968.

Levitee Labs (CSE:LVT) Inc has announced its participation as a Gold Sponsor at the Wonderland Miami Conference organized by Microdose. This will be the largest in-person conference in the psychedelic medicine industry. The conference will take place on November 8-9, 2021, at the Adrienne Arsht Center for Performing Arts in Miami. The conference will offer a unique in-person convergence of business, science, music, and emerging technologies. Levitee Labs (CSE:LVT) will also be the VIP Lounge Sponsor and an After Dark Sponsor for the conference.

BetterLife Pharma Inc (CSE:BETR, OTCQB:BETRF) has said it will participate in a panel discussion at the Microdose Wonderland: Miami Conference, November 8-9, 2021. BetterLife Pharma will participate in a distinguished panel with a group of experts that will be delving into a discussion centered around psychedelic medicine, what we already know and beyond on Monday, November 8, 2021, from 2.40pm-3.05pm ET. To participate in investors discussion, you can register here: https://microdose.buzz/wonderland/miami

OTC Markets Group Inc. (OTCQX:OTCM) the operator of financial markets for over 11,000 US and global securities, has announced that Gage Growth Corp, a vertically integrated, high-quality cannabis brand and operator in Michigan, has qualified to trade on the OTCQX Best Market and has today upgraded from the OTC Pink market. The OTCQX Market provides investors with a premium US public market to research and trade the shares of investor-focused companies. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among US investors. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. “We are excited to be upgraded to OTCQX, which allows us to increase visibility and improve liquidity,” said Fabian Monaco, CEO of Gage.

OTC Markets Group Inc. (OTCQX:OTCM) the operator of financial markets for over 11,000 US and global securities, has announced that Candelaria Mining Corp, a Canadian-based gold development and exploration company, has qualified to trade on the OTCQX Best Market and has today upgraded from the OTC Pink market. Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their US investors.  For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the US To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws. Mike Struthers, Candelaria CEO, commented: “As the next step in increasing our trading liquidity and enhancing our capital markets profile, we are very pleased to report our elevation to the OTCQX Market. This will increase trading access for our U.S. investors, and also serves as recognition of our enhanced governance and reporting standards.”