The Valens Company (TSX:VLNS, OTCQX:VLNCF) Inc posted first-quarter fiscal year 2022 financial results that saw its net revenue jump 26.1% quarter-over-quarter, reinforcing the inherent strength of its diversified cannabis business lines.For the period ended February 28, 2022, the Kelowna, British Columbia-based cannabis consumer products company reported revenue of $23.2 million, compared to $18.4 million in 4Q 2021. The firm, which has expertise in manufacturing cannabinoid-based products and provides proprietary cannabis processing services, noted that revenue was primarily driven by provincial sales, which soared 36.7% to $10.8 million in 1Q 2022 compared to $7.9 million in 4Q 2021. Mandalay Resources Corp told investors it was on track to reach its 2022 production guidance after posting a ‘solid’ first quarter. In the three months to March 31, the metals miner recorded total production, across its mines, of 29,631 gold-equivalent ounces, up from 28,676 ounces in the first quarter of 2020. Total sales were 28,280 gold-equivalent ounces compared to 29,713 ounces in Q1, 2020. From its Bjorkdal mine in Sweden, 12,384 ounces of saleable gold production was generated, which was the highest result since the second quarter of 2019 and 12,134 ounces of gold sold, the best quarterly sales result since the third quarter of 2019. Silvercorp Metals Inc (TSX:SVM, AMEX:SVM) has reiterated its fiscal 2023 production guidance range of 7 million to 7.3 million ounces of silver, 6,300 to 7,900 ounces of gold, 68.4 million to 71.3 million pounds of lead, and 32 million to 34.5 million pounds of zinc. Compared to fiscal 2022 production results, the Vancouver-based firm’s figures for 2023 represent increases of 14% to 19% in silver, 85% to 132% in gold, 6% to 11% in lead, and 19% to 29% in zinc. In its financial year ended March 31, 2022, the firm produced nearly 6.1 million ounces of silver and 3,400 ounces of gold. In addition to the silver and gold sales, the China-focused miner also produced 64.4 million pounds of lead, and 26.8 million pounds of zinc. Golden Minerals Company (NYSE-A:AUMN, TSX:AUMN, ETR:7GB) (Golden Minerals Company (NYSE-A:AUMN, TSX:AUMN, ETR:7GB), Golden Minerals Company (NYSE-A:AUMN, TSX:AUMN, ETR:7GB), Golden Minerals Company (NYSE-A:AUMN, TSX:AUMN, ETR:7GB)) has unveiled its production statistics for the first quarter from its Rodeo mine in Durango state, Mexico, which showed output of 3,787 gold-equivalent (AuEq) ounces. In the three months to end-March, payable gold production was 3,608 ounces, while the miner generated 13,944 ounces of silver. Processed was 527 tonnes per day (tpd), while the realized prices, before selling and refining costs, came in at US$1,888 per ounce of gold and US$24.24 per ounce of silver. Marvel Discovery Corp. (TSX-V:MARV) said it has commissioned KRM Resources Group to fly a fixed-wing airborne magnetic survey over the KLR and Walker Uranium Project in Saskatchewan’s Athabasca Basin. As previously announced, Marvel had entered into an option agreement to acquire two large land packages within the Wollaston-Mudjactic Transition Zone (WMTZ) of the eastern Athabasca Basin, an area that hosts the highest-grade uranium mines in the world. “This is our first step in our exploration strategy for the newly acquired claim groups, the KLR & Walker. Both projects straddle the Key Lake fault and are contiguous to Cameco and Fissions ground, said Karim Rayani, president and CEO of Marvel, in a statement. Nextech AR Solutions Corp announced the launch of its new Metaverse suite of Software-as-a-Service (SaaS) products, rolling the technology company’s technology stack of 3D and augmented reality (AR) offerings into one platform. The Metaverse Suite gives users access to Nextech’s technology – the 3D Modeling, 3D Holograms and 3D Mapping capabilities – using one login and account. Nextech called the launch “a major milestone” that has significant revenue implications by increasing the potential for monthly and annual recurring revenue. NEO Battery Materials Ltd said it is proceeding with a “change of business” application with the TSX Venture Exchange in view of the company’s change of focus from battery mineral exploration to battery technology. With the planned construction of a commercial plant that will be capable of producing an initial capacity of 240 tons per year, the company said it is on an accelerated timeline to deliver its proprietary silicon anode active materials, NBMSiDE(TM), to lithium-ion battery manufacturers and electric vehicle OEMs. “The company deems that a change in classification to a Tier 2 Industrial, Technology, or Life Sciences issuer on the Exchange will help serve the company’s, and its shareholders, best interests in order to facilitate its business activities going forward.” Mydecine Innovations Group Inc (OTC:MYCOF, NEO:MYCO). said its board of directors voted in favour of completing a reverse stock-split, a move that will consolidate all of the company’s issued and outstanding common shares. The consolidation will be on the basis of one post-consolidation common share for every fifty pre-consolidation common shares, resulting in the number of issued and outstanding common shares falling from 268,515,954 to approximately 5,370. The consolidation is subject to the receipt of all required regulatory approvals, including the approval of the NEO Exchange. Looking Glass Labs Ltd announced that it has appointed Tom Sweeney, a 25-year veteran in cross-border technology investing, fund management and corporate strategy, to its strategic advisory board. Sweeney is the founder and current CEO of Jun Capital Management, a crypto investment and strategic advisory firm, and the CEO and co-founder of the Unizen Smart CeDeFi Platform. Tocvan Ventures Corp. (CSE:TOC) said a total of 1,562 meters of Phase III drilling has been completed in nine drill holes at its Pilar gold-silver Project in Sonora, Mexico, providing key information across the Main Zone and 4-T Trend. “Once again, core drilling has confirmed the significant grade and distribution of gold-silver mineralization at Pilar,” said CEO Brodie Sutherland in a statement. “This further validates the strength of the shallow mineralized system at Pilar, especially in regard to the significant high-grade mineralization adjacent to controlling structures. We look forward to reviewing the remaining results that test the extension of these controlling faults to the southeast.” Drill hole JES-22-59 returned 116.9-meters at 1.2 grams per ton (g/t) gold and 7 g/t silver (Ag), including an impressive 48.1-meters at 2.8 g/t Au and 9 g/t Ag. High-grade gold-silver mineralization was recorded adjacent to a heavily faulted and altered zone returning 10.2-meters at 12.0 g/t Au and 23 g/t Ag, including 4.2-meters at 28.3 g/t Au and 49 g/t Ag, the company said. Wellbeing Digital Sciences (NEO:MEDI.AQN, OTCQB:KONEF) Inc. has announced the start of a global and comprehensive strategy to expand the company’s primary focus and re-engineer psychedelic treatment services offered throughout North America. The strategy, planned by its recently appointed CEO, Najla Guthrie, will seek to establish next-generation mental health clinics, contemporize existing clinic facilities and launch best-in-class adjunct programs to improve patient treatment outcomes. “The evidence shows that patient access to mental healthcare remains one of the primary issues of the mental health crisis. Both the psychedelic medicine and digital therapeutics sectors are moving at light speed to address this, but they face two major obstacles; clinical development to gain regulatory approvals, and clinical adoption by the medical establishment,” Guthrie said in a statement. Guardforce AI (NASDAQ:GFAI) Co Limited said it received a notice from Nasdaq Stock Market LLC on April 11, 2022, informing the company that it has regained compliance with the minimum bid price requirement under Nasdaq’s listing rule 5550(a)(2) for continued listing on The Nasdaq Capital Market. Consequently, Guardforce AI (NASDAQ:GFAI) is now in compliance with all applicable listing standards and its ordinary shares will continue to be listed on The Nasdaq Capital Market. The integrated security solutions provider was notified by Nasdaq on March 9, 2022 that it was not in compliance with the minimum bid price rule because its ordinary shares failed to meet the closing bid price of $1.00 per share or more for 30 consecutive business days. Levitee Labs (CSE:LVT) Inc. has issued an aggregate 5.45 million common shares in the capital of the company at 7.5 cents each to settle a debt of $408,750 owed by the company’s wholly-owned subsidiary, Levitee Real Estate Inc. The debt is owed to an arm’s-length company pursuant to the terms of a debt settlement agreement among the parties dated Feb. 28, 2022. All securities issued in connection with the debt settlement are subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation, the firm said.