What happened last week?

Not that eventful for the stock market.

• Baltimore bridge was destroyed by a Carrier.
• EU voted to Ban anonymous crypto transactions as an anti-laundering measure.
• Canada implemented new policies for renters, which will see rent affect personal credit.

What to watch for next week?

Not much

• Monday: manufacturing PMI
• Tuesday:
• Wednesday: services pmi
• Thursday:
• Friday:

Monday:

Intermap Announces $1 Million Program in Malaysia and Business Updates – IMP.to

nounced a $1 million program in Malaysia, an update on its Indonesian mapping program and strong growth in its global insurance business.

Enhancing Water Resources Management in Malaysia

Intermap won a $1 million contract in Malaysia to enhance water resources management. This award exemplifies how Intermap’s geospatial technology, which incorporates advanced AI/ML-driven automation, is used to commercialize evolving solutions to environmental challenges. By helping the Malaysian government exploit its investment in national geospatial infrastructure, Intermap is extending the value and versatility of Malaysia’s new Intermap-created IFSAR data archive, which is applicable for governments across the region

Burcon Successfully Scales Commercial Production of 95% Hempseed Protein Isolate- BU.to

announces the successful completion of end-to-end validation trials and the start of commercial-scale production for the world’s first high purity 95% hempseed protein isolate.

Burcon has achieved a significant milestone with the successful scale-up of its groundbreaking hempseed protein isolate at its partner manufacturer’s production facility. From its production runs, Burcon produced high-quality, commercial saleable quantities of its 95% hempseed protein isolate to fulfill initial customer orders. Anticipated commercial sales and further production campaigns of Burcon’s hempseed protein are slated for the first half of 2024 to meet growing customer demand.

AtkinsRéalis awarded engineering and design services contract to develop leading Hydrogen Hub in Quebec – ATRL.to

has been awarded a contract by TESCanada H2 Inc. (“TESCanada”) to provide front end engineering and design services for their Projet Mauricie green hydrogen hub in Quebec.

Quebec Green Hydrogen; Powering a Clean Economy

TESCanada’s Projet Mauricie is an innovative renewable energy initiative that aims to accelerate the energy transition by producing up to 70,000 tonnes per year of green hydrogen, which will be used to decarbonize industrial processes and heavy transportation in Quebec. The project will reduce emissions by 800,000 tonnes CO2eq per year supporting Quebec’s decarbonization objectives.

Tuesday:

First full flight simulator with gaming-engine-powered CAE Prodigy image generator achieves level D qualification – CAE.to

announced that it is the first leading aviation simulation and training organization to seamlessly integrate a gaming engine into its full-flight simulator (FFS) visual system and achieve level D qualification*, the highest level of qualification for a FFS. The FFS is equipped with the next-generation CAE Prodigy Image Generator (IG), which leverages gaming technology through Epic Games’ Unreal Engine, marrying highly realistic 3D visuals with high-end full-motion simulation for more realistic pilot training in a virtual environment.

*Level D qualification under the EASA CS-FSTD(A) Issue 2 regulation. A level D simulator fidelity is at such high level that pilots transitioning to a new aircraft can perform all their training in the simulator instead of the aircraft.

Xebra Brands Ltd Executes Manufacturing Agreement with Restorative Botanicals – XBRA.cse

announce the signing of a manufacturing agreement on March 22, 2024 with Restorative Botanicals, a leading provider of premium CBD products. This collaboration marks a significant milestone for Xebra as it enhances its product portfolio with it’s first Mexican product launch of premium CBD tinctures.

Under the terms of the agreement, Restorative Botanicals will manufacture a bespoke CBD tincture exclusively for the Elements CBD brand, leveraging their expertise in crafting high-quality, cannabinoid-infused products.The CBD products will be manufactured in the US, allowing Xebra to import finished products prior to receiving all federally approved confirmations from the COFEPRIS for domestically produced products.

Aecon consortium selected to redevelop the Cyril E. King Airport and Henry E. Rohlsen Airport in the U.S. Virgin Islands – ARE.to

has been selected by the U.S. Virgin Islands Port Authority (“VIPA”) to redevelop the Cyril E. King Airport in St. Thomas and the Henry E. Rohlsen Airport in St. Croix under a collaborative Design, Build, Finance, Operate and Maintain (“DBFOM”) Public-Private Partnership model.

VIports is comprised of Aecon, Tikehau Star Infra, Consigli Benton Joint Venture (J. Benton Construction) and Avports. Aecon Concessions will hold a 50% equity interest in the 40-year concession with Tikehau Star Infra also holding 50% of the equity. Aecon, as Design-Build lead, will also have a 50% interest in the Design-Build joint venture together with local partner J. Benton Construction. Avports will serve as the operations and maintenance partner.

WSP Acquires Proxion Plan and Proxion Pro, Strengthening Its Critical Railway Infrastructure Expertise in Finland – WSP.to

announce that it has acquired Proxion Plan Oy (“Proxion Plan”) and Proxion Pro Oy (“Proxion Pro” and, together with Proxion Plan, “Proxion”), both Finnish companies and subsidiaries of Proxion Oy.

With their combined workforce of 150 employees, Proxion Pro and Proxion Plan form one of Finland’s largest rail consultancies and offer a range of railway and railway system design services, including traffic and energy services, as well as safety and security expertise.

The acquisition adds key rail expertise in Finland to WSP’s strong Transport and Infrastructure capabilities in the Nordics and strengthens WSP’s market position and ability to lead large-scale projects in the Finnish market.

Wednesday:

SolarBank to Acquire 3.15 MW Solar Project in Camillus, New York from Storke Renewables- SUNN.cse

to acquire a development stage solar project located in the Town of Camillus, New York on a closed landfill. SolarBank intends to develop a 3.15 MW DC ground-mount solar power project on the site (the “Project”) that will operate as a community solar project. The Project is expected to be eligible for incentives under the New York State Energy Research and Development Authority (“NYSERDA”) NY-Sun Program.

Neptune Completes Strategic Acquisition of 26,964 Solana at 67% Discount to Market Price – NDA.v

announce a growth milestone for it’s proof-of-stake operations with a new acquisition of 26,964 Solana (SOL) tokens, a leading proof-of-stake (PoS) blockchain protocol.

Neptune Digital Assets has successfully negotiated a strategic purchase of 26,964 Solana, one of the fastest-growing blockchain ecosystems, at USD$64 per SOL token, resulting in an exceptional 67% discount to current market value of USD$192 (at time of writing) per SOL. This investment underscores Neptune’s commitment to identifying and capitalizing on high-potential opportunities within the digital asset space. Neptune’s new Solana balance is now 31,181 tokens, all of which are staked and earning rewards.

Aduro Clean Technologies Welcomes a Multinational Building Materials Company into its Customer Engagement Program – ACT.cse

announce the onboarding of a leading, multinational building materials company (“MBM Company” or the “Client”) to its Customer Engagement Program (CEP).

MBM Company, with extensive manufacturing operations across over 20 countries and a global distribution reach, generates multi-billion-dollar annual revenues. The Client is recognized for its vast range of building materials and is dedicated to promoting sustainability through material circularity—emphasizing the recycling and reuse of materials across its product lines. Their extensive product line includes solutions for infrastructure, energy systems, municipal sewer, ventilation, and water treatment.

The engagement will begin with a technical evaluation project focused on assessing the potential of Hydrochemolytic™ Technology (HCT) for recycling cross-linked polymers, a key material in the client’s product range. The test samples will be sourced from waste streams at the client’s production facilities.

Quisitive Announces Agreement to Sell BankCard USA – QUIS.to

has entered into a definitive stock purchase agreement dated March 27, 2024 (the “Agreement”) pursuant to which Quisitive has agreed to sell its BankCard USA Merchant Services, Inc. (“BankCard”) business unit (the “Transaction”) to BUSA Acquisition Co. (the “Acquiror”), a Nevada incorporated entity owned by a consortium of current employees of BankCard, including Shawn Skelton, Scott Hardy and Jason Hardy, as well as other arm’s length third parties. The details of the Transaction are set forth in the Agreement, which was negotiated at arm’s length, and further summarized below.

In a deal involving the sale of BankCard, Quisitive is set to receive a multifaceted consideration package. This package comprises a cash amount of US$40,000,000, the reacquisition of 133,095,158 of its common shares by a wholly-owned subsidiary, and a settlement agreement that absolves Quisitive and certain subsidiaries from a US$10,000,000 earnout payment (plus accrued interest) obligation, tied to a stock purchase agreement dated March 29, 2021, with BankCard’s former vendors. Following this transaction, and after the cancellation of the reacquired shares, Quisitive will have 272,532,461 shares issued and outstanding.

Improved Financial Profile with US$34.6 million Debt Reduction and Pro Forma trailing twelve month (“TTM”) Adjusted EBITDA of US$16.4 million as of December 31, 2023

Thursday:

ARway.ai Continues Its Global Expansion into Chile & USA with New SaaS Deals for Its AR Navigation & Spatial Experience Platform – ARWY.cse

announce multiple new SaaS developer sign-ups for its augmented reality experience platform providing AR indoor navigation.

Both partnerships mark significant milestones in ARway’s mission to redefine human interaction with physical spaces through augmented reality. ARway continues to expand its capabilities and reach around the globe, enabling a augmented reality in everyday applications.

With a strong presence in the Chilean market, La Casa de Juana specializes in offering comprehensive online services for evaluating and booking rental property tours. By signing up for ARway’s developer plan, La Casa de Juana aims to prototype and introduce augmented reality real estate tours, leveraging ARway’s cutting-edge technology. This initiative will allow clients to enjoy immersive property viewings, enhancing their decision-making process with a blend of virtual and real-world experiences.

Navigine, a global provider of hardware-based indoor navigation and wayfinding software, headquartered in New York and Berlin, has chosen to incorporate ARway’s augmented reality technology into its expansive tech stack. Navigine’s expertise in utilizing WiFi and Bluetooth technologies, alongside its blue dot technology, offers indoor navigation experiences. Navigine specializes in indoor navigation through hardware and beacons, covering over 3,000 unique facilities.

NSERC Approves $1.2M Groundbreaking Grant to Further Develop Quantum eMotion (QeM) Technology Led by ETS and QeM – QNC.v

announce the reception of a significant research grant awarded by the Alliance Quantum grants program, overseen by the Natural Sciences and Engineering Research Council of Canada (NSERC). This grant supports the project “Quantum random number generation for highly secure cryptography applications,” a collaborative initiative led by École de technologie supérieure (ÉTS), in partnership with QeM.

The project, under the leadership of Professor Ghyslain Gagnon from ÉTS, along with co-grantee Prof. K. Zhang and contributors such as Prof. B. Reulet of Université de Sherbrooke, is designed to pioneer in the development of quantum random number generator (QRNG) technologies.

High Tide Closes Acquisition of Premium Canadian Cannabis Brand, Queen of Bud – HITI.v

Building on its March 15, 2024, announcement, the Company has successfully completed the acquisition of the Queen of Bud brand, incorporating all intellectual property, trademarks, and assets. This acquisition, formalized through an asset purchase agreement dated March 15, 2024, was settled with a mix of equity and cash: 378,486 High Tide common shares, collectively valued at $900,000, calculated at a deemed price of C$2.3779 per share based on the 10-day volume weighted average price on the TSX Venture Exchange as of March 22, 2024, alongside $100,000 in cash. The finalization of this transaction is pending TSX Venture Exchange’s approval. Additionally, a hold period of four months and one day from the closing date applies to the High Tide Shares as stipulated in the Acquisition Agreement.

Friday:

x

Happy Easter.