Investors want insight. Welcome to the Market Movers Newsletter where we have created a snapshot of new and trending companies that we think investors will want to know about. Below you have direct access to this editions top picks including milestones, highlights and easy access links to do additional research on each company and their products or projects.
In the business of exploring for, and advancing mineral properties, Vancouver, BC-based Gitennes Exploration Inc. keeps its focus on high-grade gold. The company currently has three properties in the active Chapais-Chibougamau area of Quebec: New Mosher, JMW and Maxwell, as well as three properties in the Gaspe Region of Quebec: VG Boulder, Serpenphior and Puma, the Snowbird gold property in British Columbia and a 1.5% Net Smelter Return royalty on the 18 million ounce Urumalqui Silver Project in Peru. All properties are 100% owned by Gitennes except for New Mosher which is under option from Kintavar Exploration and Gitennes can earn an initial 70% and has the right to increase its ownership to 85%. The Snowbird Property has been optioned to a gold exploration company. JMW lies along Guercheville Deformation Zone, Iamgold discovery along the Deformation Zone; New Mosher is 3 km from past producing Joe Mann gold mine and visible gold was observed in a highly silicified and sheared zone following recently completed drilling that totalled 1,002 metres, while Maxwell is 18 km south of Chapais, anomalous in gold and copper; the VG Boulder is similar in geology to recent gold discoveries in Newfoundland, while Serpenphoir is located along a prominent gold bearing structure.
Lithium Ionic Inc.
METALS & MINING
Lithium Ionic is a Canadian junior exploration company focused on developing commercial-grade lithium economically and safely. The Toronto-based company holds +1,300 hectares in the prolific Araçuaí Li-Province with areas immediately adjacent to the CBL mine and Barreiro deposit. This includes its 100% ownership interest in the Itinga lithium project in Brazil. The Itinga Project is located in Minas Gerais State, Brazil. The Project comprises five mineral licenses covering more than 1,300 hectares in the prolific Aracuai lithium province. A portion of the Project occurs immediately south of the CBL lithium mine and plant, Brazil’s only lithium producer, and immediately north of the large Barreiro and Xuxa lithium deposits of Sigma Lithium Corp. Lithium Ionic is currently conducting geochemical surveys, geophysical surveys, trenching and diamond drilling. Assays from an initial trench exposed a zone extending 8.8 m grading 1.46 per cent Li2O including 5.8 m grading 1.82 per cent Li2O. Recently, the company released assay results for the first two drillholes from the ongoing drill program at the Itinga Lithium Project. The first phase of drilling is targeted at near surface mineralization associated with a 1.3 km lithium soil anomaly located directly south of the producing CBL Lithium mine and north of Sigma Lithium’s Barreiro deposit (20.4Mt grading 1.4% Li2O)
RooGold Inc. – formerly JNC Resources Inc. – is a mining company uniquely positioned to be a dominant player in New South Wales, Austrailia (NSW) through a growth strategy focused on the consolidation and exploration of highly mineralized precious metals properties in this proliﬁc region of Australia. Nine properties cover a total of 1091 kilometres and 106 historic gold mines and prospects within the highly mineralized but relatively under explored New England Orogenic Terrane and prolifically mineralized Lachlan Orogenic Belt. ROO is uniquely positioned to be a dominant player in New South Wales (NSW) through a growth strategy focused on the consolidation and exploration of highly mineralized precious metals properties in this proliﬁc region of Australia. ROO has focused on acquiring properties that remain under explored and sparsely drilled (only 28 historical holes drilled for 2046 m) across regions with significant metal endowment. The presence of numerous small historic mines and high grade showings within the 1380 km² land package provides the opportunity to drill test high reward gold and silver projects and regionally mineralized trends that have not been previously drilled.
Dona Blanca Ltd.
HEALTHCARE / CANNABIS
With offices in Australia, Canada, and Colombia, Dona Blanca Ltd. is a privately held, soon to be publicly listed cannabis cultivator that’s growing high-quality cannabis under Good Agricultural and Collecting Practices (GACP) standards and offers pharmaceutical grade cannabis products and derivatives, leveraging one of the world’s most capital-efficient jurisdictions. With considerable experience and expertise in cultivation and extraction, the company is set to export its cannabis flower and White-label medically graded cannabis oil extracts to the world’s most lucrative and profitable markets. Dona Blanca intends to trade on the TSX Venture under the ticker TSXV:DBL. Cultivation facilities are located in some of the most fertile lands on the planet: the Colombian flower and coffee regions. The company’s growing conditions are naturally optimal (temperature, humidity and daylight hours) without any simulated conditions like artificial light or temperature control which allows for the lowest cost production in the industry.
Forbidden Spirits Distilling Corp
CONSUMER DEFENSIVE / BEVERAGES – WINERIES & DISTILLERIERS
In the beginning, there was the apple, plucked from the branch by roguish hands. There were Adam and Eve and the serpent conspiring in the Garden of Eden, to eat from the Tree of Knowledge, to taste the most delicious and Forbidden of all fruits. Get in the spring spirit…now. Forbidden Spirits Distilling Corp. is engaged in manufacturing, marketing, and selling spirits direct to consumers from its online store, as well as direct to off-premises retail liquor stores and direct to on-premises restaurants, hotels, pubs, bars, golf courses, and yacht clubs. Forbidden Spirits is a collection of ultra-premium brands (REBEL Vodka, Eve’s Original Gin, Adam’s Apple Brandy, Wallace Hill Whisky etc.) but we are also a destination and an experience! The company looks forward to hosting you at our premier BC orchard craft distillery. With live music on the patio, and a tasting room to inspire, we are excited to share all that is Forbidden Spirits. Made with 100% BC apples, many grown in our very own estate orchards, bespoke local botanicals and handcrafted care. Enjoy the fruits of our labour. Sip the delights of our spirits. Celebrate life. Experience a slice of Eden, taste the Forbidden!
Gamelancer Gaming Corp is a Toronto, Ontario publicly traded entertainment company. It is a growing mobile-focused social media network in gaming generating above 1 billion monthly video views across its 22 owned and operated channels. With more than 28 million followers on TikTok, Instagram, and Snapchat, the company is predominantly located in the US, Canada, the UK, and Australia, Gamelancer sells direct and programmatic media across its network to the world’s largest brands. With advanced user data analytics, we provide our audience curated content relevant to the GenZ & Millennial gaming community, which allows brands unparalleled access to the largest media inventory in gaming across TikTok, Instagram, and Snapchat. Gamelancer also monetizes across its variety of Snapchat Gaming. In April, the company generated $181,010 in monthly recurring revenue from its curated, in-house produced online video content. With custom Gamelancer video featuring Robolox, Minecraft, GTA and its branded “Egirl” content, Gamelancer now produces 8 custom video content series featured on various over the top video platforms, with recently acquired JoyBox Media launching 2 over the top video content series in the month of May. As the company continues to build out its business from the start-up phase, the team generated advertising revenues of $186,919 in Q4 2021.
Cube Psytech Holdings Inc.
Canadian bio-pharmaceutical and biotechnology company Cube Psytech Holdings Inc. is on a mission to create innovative drug formulations for the treatment of anxiety, depression, and pain management. Comprised of a best-in-class sciences and executive leadership team with access to patents and capitals markets experience, its psilocybin and psilocin research and development program is designed to create innovative psilocybin and psilocin drugs and protocols for clinical trials and patient prescribed uses globally. The company’s line of non-psychoactive products features formulations that include healthy functional mushrooms and supportive compounds meant to target modern health issues. Cube Psytech is raising up to C$2 million thorough a private placement.
When it comes precious metals exploration companies, and what differentiates a contender from a pretender it almost always comes down to three major considerations – location, grade, and infrastructure. And an experienced management and technical team in a mining-friendly jurisdiction doesn’t hurt either. Baroyeca Gold & Silver Inc. is a Vancouver BC-based company that clearly meets and exceeds the standards above. The forward-thinking company benefits from excellent infrastructure in the two Colombian mining jurisdictions where it is currently conducting exploration operations, is well cashed up, and boasts an experienced management team along with a knowledgeable boots-on-the-ground technical crew working on both of its projects. The company’s Atocha flagship silver project is located in the colonial richest primary silver district, and Santa Barbara gold project in the richest gold belt of Colombia. Baroyeca is a values-based company committed to investing in our people and local communities, operating in a safe and sustainable manner utilizing innovation and respecting our environment. The company drives stakeholder value through responsible, sustainable and innovative development. To accomplish this vision, we endorse and promote Integrity, Respect, Excellence, Team Work, and Accountability.
RevoluGROUP Canada Inc. headquartered in Vancouver, BC. is a multi-vertical Fintech Neobank generating revenue via its RevoluPAY app, EU Central Bank PSD2, Canadian FINTRAC & USA MSB II licensed open-banking app & Visa Card. The financial technology-based company deploys a wide range of mobile-phone-based financial tools, including RevoluSEND Remittances & Forex, RevoluEX Crypto Exchange, RevoluCHARGE pay-as-you-go top-up, RevolUTILITY Virtual Store, RevoluREALTY real-estate, REVOLUEGAME gaming, RevoluPOS Global mobile POS, RevoluFIN Loans & Lending, RevoluVIP members only net rate Travel Club +120 countries, and more. In May 2020, the company became the first Canadian company to be granted an EU PSD2 banking license through its Barcelona-based wholly-owned subsidiary RevoluPAY S.L, subsequently being granted analogous Canadian and USA licensing in 2020 and late 2021, respectively. These licenses allow tech companies to disrupt the banking industry by pivoting towards payment institutions and broadening digital-based financial services. On the cusp of approval, Canadian Open Banking legislation is set to challenge high street banks and is on the verge of federal approval. As occurred in Europe, Open Banking brings more competition to the payments industry, most notably among non-traditional banks. The company’s flagship cutting-edge technology is its RevoluPAY, a free Apple and Android multinational banking app with an app-linked Visa Card powered by blockchain protocols. Users can hold a switchable digital wallet bank account in $CA, USD, GBP, and Euros through the app, allowing phone-based banking. Send and receive money worldwide and operate in the cited currencies on-the-fly, all with a personal RevoluPAY Visa Card.