NA Proactive news snapshot: ImagineAR, Aurania Resources, Versus Systems, Media Central, Vuzix ...

NA Proactive news snapshot: ImagineAR, Aurania Resources, Versus Systems, Media Central, Vuzix ...

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ImagineAR Inc (CSE:IP) (OTCQB:IPNFF), which creates augmented reality (AR) technology, revealed on Thursday that it has struck a partnership agreement with Indian superstar singer Ananya Birla to spearhead ImagineAR’s consumer launch in India. With over 350 million streams of her songs on streaming platforms, 26-year-old Birla is a household name in India. She is the first homegrown artist to go Platinum with an English language track in India and achieving this multiple times. The singer-songwriter shuttles between Mumbai and Los Angeles, where she is signed to Maverick Management. Vancouver-based ImagineAR Offers augmented reality-as-a service platform that enables sports teams, entertainers, brands and businesses to instantly create their own global mobile phone AR campaigns. Aurania Resources Ltd (CVE:ARU) (OTCQB:AUIAF) (FRA:20Q) said it was now preparing for scout drilling at the Tsenken N1 target at its Lost Cities - Cutucu project in Ecuador, which it believes is part of a second iron oxide copper-gold (IOCG) system. "While we are completing the scout drilling of the Tsenken N2 and N3 targets, we are setting up for drilling the next target on the list - Tsenken N1. Scout drilling at Tsenken N2 and N3 identified an IOCG system, the first recognized in Ecuador," said Dr Keith Barron, the CEO of Aurania. "We are applying this concept to our drilling of Tsenken N1, which we believe is part of a second IOCG system in this area. Thereafter, the plan is to drill a portion of the 15-kilometre-long silver-rich system at Tiria-Shimpia." Versus Systems Inc (CSE:VS) (OTCQB:VRSSF) (FRA:BMVA) revealed it was consolidating its shares to aid a potential listing on NASDAQ.  In a statement on Thursday, the tech group, which has developed a proprietary in-game prizing and promotions engine, said its board had approved a 1:16 reverse stock split, which will take effect on the close of trade on December 14. It means every current 16 company shares will be converted into one share, reducing the firm's issued and outstanding shares to around 10.3 million from around 166 million today. Media Central Corporation Inc (CSE:FLYY) (FRA:3AT) said it has entered into a letter of intent (LOI) to acquire media and marketing services company Lazarus Bleau Incorporated, which is expected to boost Media Central’s audience to more than 7.2 million readers monthly. The company also reported that it has appointed Lazarus Bleau executive Larry Bleau as its new CEO and has promoted Kirk MacDonald to the role of President.   Vuzix Corporation (NASDAQ:VUZI) (FRA:V7XN) revealed that leading alternative energy group CH Four Biogas has begun deploying the company's M400 Smart Glasses to allow field operators to carry out remote site inspections, thereby reducing the green-focused group's carbon footprint. Using the technology allows operators to use the "see-what-I-see" feature to allow an inspector hundreds of miles away to perform the inspection of a plant.  New Pacific Metals Corp (CVE:NUAG) (OTCQX:NUPMF) (FRA:3N7) announced that Dr Rui Feng, founder, director and former CEO of the company, has donated 80,000 shares to St. Paul’s Foundation of Vancouver and 35,000 shares to the Viola Desmond Chair in Social Justice at Cape Breton University in Nova Scotia. The company noted that teams at St. Paul's Hospital are undertaking high-impact COVID-19 research to understand the unprecedented variety of complications; and severe and lasting consequences for a patient’s lungs, heart, kidneys, brain, nervous system, and psychiatric health. As for the Viola Desmond Chair in Social Justice, New Pacific said the organization's remarkable stand against racial segregation in 1946 is a story which has become an inspiration to all Canadians. In November 2018, Desmond made history by becoming the first Canadian female to appear on the Canadian $10 bill, cementing herself as a symbol of courage to Canadians everywhere Hill Street Beverage Company Inc (CVE:BEER) said the TSX Venture Exchange has accepted for filing documentation an asset purchase agreement dated November. 18, 2020, between Lexaria Canpharm ULC and the company, under which the company will purchase substantially all of the assets of the vendor. Among the different assets purchased in connection with this transaction, the company will acquire a portfolio of patents, technology and intellectual property that will allow the company to manufacture certain cannabis-infused products. As total consideration, the company will provide the vendor a total of $3.85 million. Eric Sprott announces that today, he donated 11,033,000 common shares of Klondike Gold Corp. (CVE:KG) held by 2176423 Ontario Ltd., a corporation he beneficially owns) to The Sprott Foundation (which he controls). Prior to the donation of these shares, Sprott beneficially owned and controlled 11,033,000 shares representing approximately 8.3% of the outstanding shares on a non-diluted basis; he still controls  these 11,033,000 shares. As a result of the previous share issuances by Klondike Gold, Sprott's beneficial ownership and control of shares decreased to below 10% of the outstanding shares. Sprott has a long-term view of the investment and may acquire additional securities of Klondike Gold 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.

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