NA Proactive news snapshot: Pure Gold Mining, Infinity Stone Ventures, Silver Range Resources, Cloud DX, Gold Resource Corporation, Information Services Corporation…UPDATE (2023)

Pure Gold Mining Inc (TSX-V:PGM, LSE:PUR, OTC:LRTNF)is now on the right track according to Stifel GMP analysts, who have repeated their ‘Speculative Buy’ rating on the stock following an analyst tour on October 6 of the company’s gold mine in Red Lake, Ontario. In a note to clients, the analysts also reiterated their C$0.25 target price. Pure Gold’s TSX-V shares are currently trading at about C$0.14. The analysts noted that the company had faced several operational and financial challenges since its start-up at the end of 2020, but it was apparent that a significant turnaround was underway, driven by positive changes in its leadership over the past eight months.

Infinity Stone Ventures Corp (CSE:GEMS) announced that it has acquired, through staking, an additional 2,114 hectares over 36 cells adjacent to its Galaxy lithium project in Quebec, with an additional 14 cells still pending application. The company said the newly-acquired area was established to be prospective for lithium-cesium-tantalum (LCT) pegmatites following Infinity Stone's September 2022 exploration program that included sampling, hand stripping, channel sampling, as well as blasting and the recovery of a 150 kilogram bulk sample of pegmatite material.

Silver Range Resources Ltd (TSX-V:SNG, OTC:SLRRF) said it proposed to issue a total of 248,465 shares to Paladin Geoscience Corp, a private company controlled by Silver Range's CEO Michael A Power, pursuant to a “shares for services agreement” in partial consideration for geological consulting services provided to the company by Paladin during the period April 1, 2022, through September 30, 2022. The company said the shares are to be issued at deemed prices per share ranging from $0.070 to $0.109375, being the market prices of Silver Range's shares as traded on the exchange as calculated at the end of each month in which such services were provided, minus 50% of the discount permitted under applicable exchange policies. All consulting fees not paid for the issuance of Silver Range shares are to be paid in cash, Silver Range added.

Cloud DX (TSX-V:CDX, OTCQB:CDXFF)has announced an additional 160 Connected Health kits and patient accounts will be deployed in the Community Paramedicine for Long Term Care program run by the Oxford County Paramedic Services in Ontario. This new agreement expandsCloud DX's contract with Oxford County Paramedic Services to provide more remote patient monitoring until March 2024, according to the company.Cloud DX's digital platform allows providers to establish deeper community roots and maintain funding levels, while community members benefit from greater access to much-needed care, the company said. In conjunction with the Oxford Ontario Health Team, Oxford County Paramedic Services has purchased 200 Connected Health kits and subscriptions on contracts adding up to C$325,000, according to Kitchener, Ontario-based Cloud DX.

Gold Resource Corporation (NYSE-A:GORO, ETR:GIH)has reported its third-quarter sales numbers of gold and other metals and announced that its feasibility study is continuing to progress. The company sold a total of 5,478 ounces of gold and 225,012 ounces of silver in the third quarter, for a gold equivalent total of 8,042 ounces. It also sold 2,943 tonnes of zinc, 282 tonnes of copper and 1,056 tonnes. That all contributed to a cash balance of more than $22 million, the company said.

Information Services Corporation (TSX:ISV) (ISC) said that it will release its financial results for the third quarter ended September 30, 2022, on Wednesday, November 2, 2022, after market close. The company added that an investor conference call will be held on Thursday, November 3, 2022, at 11 am EDT to discuss the results. Those joining the call on a listen-only basis are encouraged by ISC to join the live audio webcast, which will be available on the company’s website atwww.company.isc.ca/investor-relations/events. Participants who wish to ask a question on the live call may do so through the ISC website, or by registering at https://register.vevent.com/register/BIef88965de5fc456480dfc24ec102ae78.

Murchison Minerals Ltdhas announced “robust” results from portable x-ray fluorescence (pXRF) on five diamond drill holes at its Haut-Plateau de la Manicouagan project in Quebec. The drill holes were located within the Barre de Fer (BDF) zone, which is part of the company’s 2022 summer exploration program. The goal of the analysis was to expand and delineate the known zone of mineralization in order to support work for the future maiden resource on BDF. Results to date have significantly expanded both the depth and width of the modeled nickel-bearing sulphide mineralization, while further demonstrating the potential for any future development at BDF to be open-pit amenable, the company said.

Sidus Space Inc (NASDAQ:SIDU)has announced that it has signed a satellite deployment contract with Exo-Space for the integration and launch of its artificial intelligence software technology on earth observation satellites. The company said it would integrate Exo-Space’s payload into its hybrid 3D-printed satellite LizzieSat, with expected deployment in 2023. This technology implementation will provide near-real-time intelligence derived from earth observation data while onboard the satellite, enabling commercial, government, and NGO customers to take more effective action in time-sensitive operations, according to Sidus.

South Star Battery Metals Corprevealed that at the end of September it had submitted the Planned Economic Analysis (PAE) and the request for the final mining license to the Brazilian Mining Authority (ANM) for two additional claims, which are east and west extensions on strike of where the Phase 2 and 3 facilities are planned. The Vancouver-based battery metals project developer noted that this brings the total to seven of the 13 mining claims submitted and now encompasses the entirety of the 8-kilometer (km) strike that has been identified. The proposed PAE doubles the Santa Cruz production capacity presented in the previously released prefeasibility study and incorporates a third phase of project development. In its update, South Star said the pilot scale metallurgical testing program for itsAlabama Graphiteproject is underway at North Carolina State University and is on schedule to deliver 15-to-18 kgs of run of mine (ROM) concentrate samples by November 2022.

VR Resources Ltd (TSX-V:VRR, OTCQB:VRRCF)revealed that drilling is underway at its large Hecla-Kilmer (H-K) property in northern Ontario. The property consists of 224 mineral claims in one contiguous block around 6 kilometers (km) by 7 km in size and covering 4,617 hectares. The Vancouver-based junior exploration company said drilling will focus on two of three areas of high-grade critical metal mineralization discovered by VR within a large hydrothermal breccia system hosted within the alkaline complex with carbonatite at Hecla-Kilmer. According to VR, four to five holes are planned for a total of 2,000 meters (m) and the program is expected to take four to five weeks to complete. Geochemical data is expected through year-end and into the first quarter of 2023, said the company.

MySize Inc (NASDAQ:MYSZ)said it has acquired Spain-based Naiz Fit, a provider of software-as-a-service technology solutions, adding revenues and a high-profile European customer base. In return, Naiz Fit’s customers will gain access to a portfolio of products and solutions delivered by a team of industry leaders with a deep understanding of the fashion ecommerce retail landscape, MySize said. Israel-based MySize said it is purchasing Naiz Fit for US$500,000 in cash and six million shares of MySize common stock, and up to an additional $1,550,000 in future cash based on the achievement of performance-based milestones plus a shortfall payment of approximately $450,000 payable in 2026.

NEO Battery Materials Ltdsaid its South Korean subsidiary, NBM Korea Co Ltd, has closed the strategic investment of 3 billion South Korean won (C$3 million) from Automobile & PCB Inc (A&P) on July 1. Under the terms of the Series A financing, NBM Korea has issued a total of 517,657 common shares at a price of 5,795 won per common share for aggregate gross proceeds of 2,999,820,383 won. This gives A&P a 40% stake in NBM. NEO said it will use the proceeds for its silicon anode material commercialization project for electric vehicle (EV) lithium-ion batteries and the development of its South Korean mass production facility.

Globex Mining Enterprises Inc announced that its 50% owned company Duparquet Assets Ltd has, subject to exchange approval, optioned the Duquesne West/Ottoman gold project located in Duparquet Township, Quebec, to Emperor Metals Inc. The company said the terms of the option include cash payments totalling $10 million payable over a five-year period and share payments totalling 15 million shares payable over a five-year period at a minimum share price of $0.20 per share. Further, it includes work expenditures totalling $12 million during the five-year option period, with Emperor to undertake a NI 43-101 Resource Estimate.

Westwater Resources Inc (NYSE-A:WWR) has announced new appointments to its senior management team that are designed to position the company for continued success and future growth. The first appointment is the promotion of Cevat Er to the position of chief technology officer, effective October 1, 2022, the energy technology and battery-grade natural graphite development company said. Er, who joined Westwater in 2015 and has been its vice president - technical services since then, will continue to manage the ongoing design and engineering of phase 1 of the Kellyton Graphite Plant, which is currently under construction in east-central Alabama. He received a Master of Science in Geochemistry from the University of Arizona and a Bachelor of Science in Geological Engineering from Middle East Technical University.

X1 Esports and Entertainment Ltd has provided an update on commercial progress with its wholly-owned Tyrus LLC subsidiary, saying Tyrus has seen steady growth in brand deals – contracted campaigns or product placements for brands with Tyrus-managed influencer talent – during 2022. The video game and media portfolio company noted brand deals for talent grew almost 90% from March 2022 to July 2022, going from an average of 18 to 34 contracts closed per month.

Aftermath Silver (TSX-V:AAG) said it is launching a non-brokered private placement of up to 11,764,705 units at a price of C$0.17 per unit to raise approximately C$2 million. The company said it intends to use the net proceeds for metallurgical and other technical studies on the Berenguela silver-copper project in Peru, and the Challacollo silver-gold project in Chile, and for general working capital purposes. Each unit will be made up of one common share in the capital of the company and one-half of one non-transferable common share purchase warrant. Each warrant is exercisable by the holder to acquire one common share for a period of 24 months from closing of the private placement at a price of $0.27 per share, according to Aftermath.

Royal Helium Ltd (TSX-V:RHC, OTCQB:RHCCF) announced it has awarded a construction contract to start fabrication and commissioning of its first helium processing plant for its Steveville project. The contract was awarded to Arjae Design Solutions Ltd of Nisku, Alberta, Royal Helium said in a statement. The Steveville 14-12 Helium Recovery Plant will be located approximately 40 kilometres north of Brooks, in southeastern Alberta.

AIM ImmunoTech Inc (NYSE:AIM) told investors it expects to begin enrolling patients in the first quarter next year for a Phase 2 trial of its investigational drug Ampligen as a therapeutic for patients with post-COVID conditions following regulatory approval. The US Food and Drug Administration (FDA) have cleared the firm's Investigational New Drug (IND) application for the drug AMP-518.

Gratomic Inc said it has extracted 2,600 tonnes of graphite during its bench-mining program at its Aukam graphite project in Namibia. Benching involves successively cutting berms along the mountain edge to steadily expose underground material while ensuring the stability of the mountain structure, allowing for the collection of graphite in stages as the platforms are constructed on the Aukam mountain, the company said. In a benching program progress update, Gratomic told investors that of the total 2,600 tonnes of graphite extracted, about 1,000 tonnes have been transferred from the mountain to the run of mine (ROM) pad in preparation for processing.

Québec Nickel Corp announced that it has added a third diamond drill rig to its Ducros project in Québec to accelerate the current and ongoing 20,000 metre (m) drilling program following its recent drilling success at the Fortin Sill Zone, which included an 8.4m long intersection assaying 1.9% nickel, 1.7% copper, and 3.3 grams per tonne (g/t) of platinum-palladium-gold. The nickel projects explorer and developer said the focus of work for the third rig is to advance the understanding of the size and geometry of the Fortin Sill Zone.

Kontrol Technologies Corp (OTCQB:KNRLF, NEO:KNR) said it has been selected by a leading property manager firm in Ontario to deliver an energy savings and efficiency upgrade for a social housing building. The project will involve a replacement of the customer's current HVAC systems to provide lower energy consumption, improved real-time management and a reduction in corresponding emissions.

NorthWest Copper Corp (TSX-V:NWST) has announced results from hole K-22-242 drilled in the middle of the Kwanika Central Zone, including multiple plus 1.00% copper equivalent (CuEq) intervals surrounding a thick zone of continuous high-grade. "K-22-242 highlights the strong mineralization that forms the core of the high-grade zone at our flagship Kwanika project," Northwest Copper president and CEO Peter Bell said in a statement. "It displays consistent high copper and gold grades over long intervals, with mineralization over most of the length of the hole, punctuated by multiple zones of over 3% copper equivalent. The chalcopyrite and bornite mineralization is typical of this part of Kwanika. These patterns of rock type, alteration, and style of mineralization are similar to many other holes in this part of the Kwanika deposit, and drilling continues to demonstrate excellent lateral continuity of high-grade Central Zone mineralization."

Minto Metals Corp (TSX-V:MNTO) has announced third-quarter 2022 production results from its Minto Mine located within the Selkirk First Nation's Territory in central Yukon, Canada, with payable copper production at 7.9 million pounds (Mlbs) for the quarter and 22.4 Mlbs in the year-to-date. "Our third-quarter production results highlighted our fourth consecutive quarter of operational improvement as compared to 2021, including a 7% increase in payable copper pounds for QTR-3, and we are confident that we will meet the previously-announced guidance of 28-31 million pounds of copper production in 2022," Minto Metals president and CEO Chris Stewart said in a statement. "As we noted in prior press releases, we have had some water challenges this year and we continue to treat and discharge excess water from our mine site. QTR-3 demonstrates that we are now set-up properly with our Water Treatment Plant and we can discharge clean water while meeting our copper production targets,” he added.

Naturally Splendid Enterprises Ltd has announced that Denny's Restaurants has renewed its agreement to provide Plantein plant-based Nuggets and Crumbed Tenders at all its corporate and participating franchise locations across Canada. In a statement, Naturally Splendid executive vice president Bryan Carson said: "In addition to renewing our agreement, we are very excited to report that Denny's and Naturally Splendid have begun discussions regarding adding additional Plantein plant-based products to their menu. Having Denny's renew with us and considering additional items shows that their customer base enjoys eating our products, and we look forward to continuing to provide our delicious plant-based entrees to this iconic restaurant chain." According to reports, plant-based meat alternative sales continue to be strong, increasing 74% in the past three years, outpacing the growth of conventional meat by almost three times. This surge in sales can be attributed for many reasons including consumers' environmental and health concerns, the company noted.

Tiziana Life Sciences Ltd (NASDAQ:TLSA) has announced that it plans to submit an Investigational New Drug Application (IND) for a phase 1 trial of intranasal foralumab in Alzheimer's disease patients. The news comes after the clinical-stage biopharmaceutical company received an affirmative written response from the US Food and Drug Administration (FDA) on a Pre-Investigational New Drug Application (PIND). Tiziana said it plans to file the IND by the third quarter of 2023 upon the completion of requested toxicology studies, then starting its phase 1 program by the end of next year. "I am thrilled to see the company advancing foralumab into another promising central nervous system (CNS)-related therapeutic area with high unmet need," commented Gabriele Cerrone, executive chairman and interim chief executive officer of Tiziana Life Sciences in a statement.

Thesis Gold Inc (TSX-V:TAU) said it has further de-risked its Ranch project in British Columbia, revealing that initial metallurgical results had shown that "high-quality" concentrates" could be produced from the asset using simple, low-cost methods. Composite samples of core were taken from the Bonanza, Ridge, Thesis II, and Thesis III zones at the property. The work showed that all samples responded well, achieving between 90% and 98% gold recovery, the explorer said. "We are very pleased by these initial metallurgical results. All the mineralized zones demonstrate the ability to produce high-quality concentrates from simple, low-cost conventional extraction methods," said Dr Ewan Webster, the CEO.

Snowline Gold Corp has announced additional preliminary assay results from its 2022 drilling program at Valley Zone within the Rogue Project in Yukon. The Yukon Territory-focused gold exploration company said hole V-22-010 intersected a broad zone of sheeted quartz vein mineralization within the Valley intrusion, averaging 2.55 grams per ton (g/t) gold (Au) over 318.8 metres (m) from bedrock surface at 3.0m downhole. The hole was collared more than 165m from any previously announced hole, and expands to the southeast of the known width of the zone of high vein densities within the Valley intrusion.

Willow Biosciences Inc said it has completed proof of concept work, and development is currently underway to establish a commercial production process for pure, consistent and sustainable astaxanthin, a powerful, naturally occurring, antioxidant compound. "We are pleased to add astaxanthin as the next functional ingredient to our product portfolio,” said Dr Peter Seufer-Wasserthal, Willow's interim president and CEO in a statement. “Astaxanthin meets all the criteria for development using our fully integrated FutureGrown technology platform. It has a large addressable market, with the majority of product currently supplied being chemically produced using a petroleum feedstock,” he added.

Nextech AR Solutions Corp has announced the closing of multiple new 3D modeling deals for eCommerce, providing the company with a fast-growing base of annual recurring revenue (ARR) and monthly recurring revenue (MRR). The company said it is experiencing rapidly accelerating demand for its state-of-the-art AI-powered ARitize 3D technologies. In addition, its Map D software solution has signed on with a number of event providers, furthering Nextech's reach into the event technology space. In a statement, Nextech AR CEO Evan Gappelberg commented: "We are in negotiations for a record number of contracts with the biggest names in eCommerce for 3D models that total hundreds of thousands of 3D models with delivery dates starting in 2022 Q4 extended into 2023, which is unprecedented."

Wishpond Technologies Ltd will be presenting at the 15th annual Main Event on Wednesday, October 26that 10:30 AM PT at the Luxe Sunset Boulevard Hotel. Ali Tajskandar, CEO, will be giving the presentation. "Wishpond checks ‘all of the boxes’ for what we look for in presenting companies,” LD Micro’s Chris Lahiji said. “We are looking forward to welcoming management again and cannot wait to update our investor community on all the things Wishpond has accomplished in the past year.” Ali Tajskandar, CEO of Wishpond, added: "Wishpond has made significant progress and achieved many milestones since we last visited LD Micro and we are excited to share some of those developments with our expanding investor community. We expect that the conference will serve as an amazing opportunity to reconnect and meet with industry professionals and investors with whom we can share Wishpond's recent growth and success." Register to watch the virtual presentation here.

Fabled Copper Corp told investors it has received preliminary data from this summer's underground laser imaging, detection, and ranging (LIDAR) survey at its flagship Muskwa copper project in British Columbia, which it can now integrate with the results of other exploration at the property. The Muskwa project spans 76 claims over 8,000 hectares (Ha) and comprises the Neil, Toro and Bronson properties.

G Mining Ventures Corp (TSX-V:GMIN, OTCQX:GMINF), which is focused on its Tocantinzinho gold project, announced that Dusan Petkovic, vice president, corporate development and investor relations, will present live at VirtualInvestorConferences.com on October 18th, 2022 at 1:00pm ET. Petkovic will be available for 1x1 meetings between October 19th – 21st.. Register here.

Arrow Exploration Corporation has said it will be participating in the Schachter Catch the Energy Conference, which will take place on Saturday, October 22, 2022, at Calgary Mount Royal University. Marshall Abbott, the company's CEO, will be speaking at 3.30pm MT on that day. Members of the Arrow Exploration Corporation management team will also be available at their exhibitor booth for more information throughout the day. Interested parties can register to attend via the following link: https://gravitypull.swoogo.com/catchtheenergy

Ocean Power Technologies (NASDAQ:OPTT) Inc has announced that Philipp Stratmann, its CEO, will participate in the LD Micro Main Event XV Conference and will present on Tuesday, October 25, 2022, at 5.00pm PT. The conference will take place October 25-27, 2022, at the Luxe Sunset Boulevard Hotel in Los Angeles, California, and feature over 200 notable microcap companies in a variety of industries. Interested parties can register to attend via the following link: https://me22.sequireevents.com/, Ocean Power management will also be available for one-on-one meetings on October 25. For more information about the conference or to schedule a one-on-one meeting with management, please contact your LD Micro representative or OPT IR at InvestorRelations@oceanpowertech.com or 609-730-0400 x401. A replay of the company presentation will be available under "Events and Presentations" in the Investors section of the Ocean Power website at investors.oceanpowertechnologies.com.

OTC Markets Group Inc, the operator of regulated markets for 12,000 US and international securities, has announced that Teton Advisors Inc, a specialist in smaller company investing, has qualified to trade on the OTCQX Best Market and has today upgraded from the Pink market under the symbol TETAA. 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 begin trading on the OTCQX Market which we expect will provide greater visibility for the Company as part of our ongoing efforts to provide value for our shareholders," said Patrick Huvane, chief financial officer of Teton Advisors.

OTC Markets Group Inc also announced Ecora Resources PLC (LSE:ECOR, TSX:ECOR), a leading royalty company focused on supporting the supply of commodities essential to enabling a sustainable future, has qualified to trade on the OTCQX Best Market. Ecora Resources PLC (LSE:ECOR, TSX:ECOR) upgraded to OTCQX from the Pink market. Ecora Resources PLC (LSE:ECOR, TSX:ECOR) begins trading today on OTCQX under the symbol "ECRAF.”

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