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Wednesday, July 28, 2021

Falcon Gold Corp, New Oroperu Assets Inc, The Good Shroom Co Inc, GreenBank Capital Inc, Ridgeline Minerals Corp, Braxia Scientific Corp UPDATE …

A look at among the day’s highlights from the Proactive Traders US and Canada newswires

() (OTCPINK:FGLDF) (FRA:3FA) introduced it has organized a C$180,000 financing by the use of a non-brokered personal placement of models. Every unit is priced at $0.12 and can consist of 1 Falcon widespread share plus one non-transferable warrant. Every warrant will entitle the holder to buy a brand new widespread share at a worth of $0.20 for a 36-month time period following the acceptance date. A finder’s payment could also be payable in reference to the providing in accordance with the insurance policies of the TSX Enterprise Change. The personal placement providing is topic to TSX Enterprise Change approval.

() (OTCMKTS:NOPUF) (FRA:OE6) has struck a enterprise mixture with capital pool firm First Gentle Capital Corp (CVE: XYZ.P), which is able to see the creation of latest Americas-focused gold firm referred to as Anacortes Mining Corp. First Gentle will change its identify to Anacortes Mining, an organization, which goals to proceed to advance New Oroperu’s Tres Cruces venture in Peru – one of many highest-grade gold oxide deposit on the earth, with 2.474 million ounces of oxide plus sulphide gold at a grade of 1.65 grams per ton (g/t). Skilled engineer Jim Currie, the CEO of First Gentle, will lead Anacortes as its new CEO and president. The board of each New Oroperu and First Gentle consider the transaction, which will likely be carried out through a plan of association, is of their finest pursuits and advocate that their respective safety holders vote in favour.

Co Inc () introduced that its subsidiary, Teonan Biomedical Inc, has acquired Well being Canada (HC) authorization to promote and distribute its Velada model cannabis-infused drinks constructed from practical mushroom extracts, the primary such beverage line within the nation. Teonan holds an HC micro-processing license, which permits it to fabricate and develop topicals, extracts and edible hashish merchandise, together with drinks. Earlier than gross sales of the Velada drinks might start, Teonan was required to reveal that its completed merchandise and high quality management procedures complied with HC’s strict pointers, the corporate mentioned.

Inc (CSEGBC) (OTCPINK:GRNBF) (FRA:2TL) has introduced that The Substantia Group, a subsidiary of GreenBank portfolio firm Staminier Ltd, has reached a multiphase deal to construct a carbon-neutral improvement in a UK city. Section one of many plan is to agree, with each native and nationwide governments, on which of three doable areas to construct 3,500 residential models, a college, retail and hospitality models (together with resorts, eating places and bars), together with supporting transport and infrastructure modernization. The thought is to incorporate a mix of sides which are engaging to individuals in the local people, in addition to consumers and guests from elsewhere. Substantia hopes it will likely be seen as a serious contribution to the UK’s “World Britain” targets, in addition to the objectives of the Thames Estuary Development Board, which describes the area because the UK’s primary development alternative.

 Corp () () () introduced that its Section 2 drill program has begun on the firm’s Carlin-East gold venture in Nevada. The corporate mentioned the three,000-meter (m) drill program will encompass three deep core holes concentrating on potential Decrease Plate carbonate host rocks of the Popovich and Bootstrap formations on the firm’s Crash Zone goal. “Our staff has spent two years constructing out the geologic mannequin at Carlin-East with the Crash Zone representing the very best potential goal throughout the property,” vp of Exploration Mike Harp mentioned in an announcement.

Braxia Scientific Corp () () () is about to start out the biggest registered trial of ketamine remedy for despair with funding from the Canadian authorities. The psychedelic medication firm introduced it was awarded funding from the Canadian Institute of Well being Analysis (CIHR), a part of the Authorities of Canada, to assist the scientific trial for bipolar despair. The fully-funded, multi-site scientific trial is the biggest registered examine of its form on the earth, Braxia mentioned.

Inc () () (FRA:LKY) mentioned it has acquired pattern assay outcomes from its ongoing work on the Wayka epithermal gold discovery on the Fortuna property in southern Ecuador. The gold explorer’s flagship asset, Fortuna consists of roughly 55,000 hectares containing 12 contiguous exploration concessions, together with the Wayka gold discovery. Current analyses of rock samples taken from the southern zone of Wayka outlined an space of superior argillic alteration with outcrops of vuggy silica that measures roughly 800 meters by 1,000 meters and stays open to the south.

Loncor Gold Inc () () (FRA:LO51) mentioned it has been awarded a contract to South Africa-based SENET to finish a preliminary financial evaluation on the Adumbi gold deposit. Minecon Assets and Providers Restricted will help with the geological, mineral useful resource, mining and environmental research, together with mining capital and working prices. Situated on Loncor’s flagship Imbo venture within the Democratic Republic of Congo, Adumbi boasts an inferred useful resource of 41.32 million tons grading 2.37 grams per ton (g/t) for 3.15 million ounces of gold.

Pacific Empire Minerals Corp () () mentioned it has staked a further 5,253 hectares to considerably increase its flagship Jean Marie venture in central British Columbia. The copper explorer’s growth effort covers potential buried intrusions, contacts, and buildings that have been recognized in regional magnetic survey knowledge. The polymetallic Jean Marie is a copper, gold, silver and molybdenum porphyry venture situated 50 kilometers west of Centerra Gold’s () Mt Milligan copper-gold mine.  

Inexperienced Battery Minerals Inc () (FRA:BK2P) (OTCMKTS:GBMIF) mentioned it has accomplished the design of a drill program of as much as 6,000 meters (m) on its highway accessible Berkwood Graphite Challenge in northern Quebec and that allowing is underway. The corporate mentioned its board and technical advisors designed the drill program with help from Longford Exploration to assist coordinate the fieldwork and synchronize this system, as they’ve carried out so efficiently in all earlier applications.

GGX Gold Corp () (OTCQB:GGXXF) (FRA:3SR2) reported the receipt of optimistic silver and tellurium assay outcomes from a 2020 diamond drill program on the Perky and COD veins on the Gold Drop property. The venture is situated within the Greenwood Mining Camp in south-central British Columbia, a traditionally plentiful space that has past-produced 1.4 million ounces of gold, 10 million ounces of silver and 700 million kilos of copper. GGX Gold’s current assay outcomes cowl the whole COD and Perky vein space that was drilled in 2020. The gold assay outcomes for a similar zones have been beforehand printed in April 2021.

Hannan Metals Restricted () (OTCPINK:HANNF) (FRA:C8MQ) mentioned that ongoing soil sampling at its Tabalosos East prospect in Peru has proven copper-silver mineralization over a big space, specifically 18 kilometres (km) of mixed strike, inside a 6km by 2km space. The Tabalosos venture is a part of the corporate’s big land package deal beneath its San Martin three way partnership with Japan Oil, Fuel and Metals Nationwide Company (JOGMEC). A complete of 1,211 soil samples (of a 2,500 program) have been taken from throughout the densely vegetated space to date. Sampling will proceed for one more two months.

Gevo, Inc. () has introduced the appointment of Kimberly Bowron as its Chief Human Assets Officer.  The corporate famous that Bowron has served over 20 years in senior administration roles within the chemical substances, utilities infrastructure, and IT industries. Most not too long ago, she was the Director of Human Assets at TPC Group and beforehand the VP of Human Assets at Heath Consultants, the place she led all facets of human assets and coaching.

() introduced it has struck a multi-year collaboration settlement with the Jamaican authorities’s Scientific Analysis Council that units the stage for psilocybin product improvement. Based on Toronto-based Psyence Group’s Chief Scientific Officer Justin Grant, the settlement “units the trail ahead for Psyence’s observational trials, to be adopted by extra rigorous scientific trials.” The collaboration will encompass three essential initiatives: growing psilocybin-based nutraceuticals; figuring out and amassing Jamaica’s psychedelic and psychoactive mushrooms, and sorting protocols to optimize spawn manufacturing of uncommon psychedelic mushroom species for as much as three years. 

 () (OTCMTKS:BABYF) (FRA:0YL) introduced the launch of two new plant-based protein shake merchandise for youths. The plant-based protein shakes, appropriate for kids three years of age and older, is the second product line launched by ELSE following its authentic toddler plant-based diet method. “Getting children to eat meals that profit their development is difficult sufficient, not to mention having to take care of meals allergic reactions, milk intolerance-and making an attempt to guide a clear, pure way of life,” Else Vitamin Holdings CEO Hamutal Yitzhak mentioned in an announcement. 

() (OTCMKTS:LMDCF) (FRA:LIMA) mentioned its subsidiary All people Loves Languages has launched Ola, a cell app developed to assist English-language learners good their talking expertise.  Ola will likely be supplied to all English college students enrolled with All people Loves Languages, offering greater than 200 hours of talking follow.  The expertise makes use of one of many largest digital content material libraries on the earth to ship efficient and sensible studying workouts for customers on the go. Built-in speech recognition expertise permits college students to investigate pronunciation and simulate real-life dialog situations with characters modeled utilizing audio from native English audio system.

C3 Metals Inc () (OTCMKTS:CARCF), previously Carube Copper, instructed buyers it would conduct geophysics at its flagship Jasperoide venture to information deeper drilling on the Peru property, the place it believes there may very well be a copper porphyry. “Traditionally, Jasperoide was recognized just for near-surface oxide mineralization; nonetheless, current intersections of copper sulphides in drilling under the oxide profile are supporting our interpretation that there will likely be deeper main sulphide mineralization,” mentioned CEO Kevin Tomlinson. “We are going to use the brand new magnetic, radiometric and IP surveys to refine drilling for a feeder porphyry and to establish related stacked skarn horizons,” he added.

Ltd () () (FRA:31R) is partnering with the College of Well being Sciences Antigua (UHSA) to collaborate on using the corporate’s novel psychedelic-assisted therapies and pioneering the scientific analysis and improvement of psychedelics in Antigua and Barbuda. “We’re excited to accomplice with UHSA as the connection enhances and accelerates our analysis and industrial objectives with psychedelics and advances our patented drug supply expertise to ship psychedelics in an oral skinny movie patch and topical types in human scientific research to assist regulatory approvals globally,” mentioned Derrick Welsh, COO of Psilocin Pharma, a division of Revive. 

Whitehorse Gold Corp () (OTCMKTS:WHGDF) has applied a core environmental, social, and company governance (ESG) initiative as a part of the corporate’s dedication to find and develop assets in a sustainable method on the Skukum gold venture in Canada’s Yukon. The ESG efforts will embody the employment of neighboring Carcross/Tagish First Nations (C/TFN) individuals immediately by Whitehorse and thru affiliated service suppliers. Moreover, there are plans for the graduation of finest follow environmental baseline applications. The dear metals firm is working with MGRID Power, a C/TFN member-owned firm, to implement a solar energy initiative on the Skukum gold venture’s 50-persons camp.

Algernon Prescription drugs Inc () (FRA:AGW) () has introduced that the entire required permits and licenses for the manufacture of its AP-188 (N, N-Dimethyltryptamine or DMT) have been acquired. In consequence, the corporate mentioned it’s concentrating on its Section 1 human examine to be carried out at Hammersmith Medicines Analysis within the UK within the fourth quarter of 2021. Algernon mentioned it awarded the contract to fabricate the energetic pharmaceutical ingredient and completed product for its formulation of DMT to Canada-based Dalton Pharma Providers.

‘s () () (FRA:6F6) portfolio firm GameOn Leisure Applied sciences Inc (CSE:GET) (FRA:9E7) has introduced an unique partnership with Indian video streaming app MX Participant that can introduce cricket prediction video games for cell. The free video games will likely be out there to MX Participant’s giant and various consumer base for home and worldwide cricket occasions, tournaments and leagues, the corporate mentioned.

Kodiak Copper Corp () introduced it has mobilized a second drill rig to its 100% owned MPD copper-gold porphyry venture in British Columbia, the place the corporate is finishing up a fully-funded drill program of as much as 30,000 metres in 2021. The corporate mentioned this 12 months’s drilling is targeted on extending the Gate Zone, the place Kodiak made a high-grade copper-gold discovery on the northern finish of a one kilometer lengthy soil anomaly. “It’s a really thrilling time for Kodiak as we observe up on our transformative Gate Zone discovery with a totally funded, considerably bigger drill program,” Kodiak Copper CEO Claudia Tornquist mentioned in an announcement.

Inc () () has introduced the appointment of Jolie Summers as its VP of product, efficient June 21. Summers has greater than a decade of expertise as a pacesetter, coach and program director, together with stops at world enterprise corporations akin to Lululemon, Aritzia Inc (TSE: ATZ) (OTCMKTS:ATZAF) and NTT Information Corp, a world innovator of IT and enterprise providers working in additional than 50 international locations. “Jolie’s wealth of expertise working with giant world organizations is a testomony to Fobi’s place as a number one tech firm,” CEO Rob Anson mentioned in an announcement. “The continued development of our staff at Fobi provides us nice confidence in the way forward for our services and products and the distinctive requirements we ship.”

KULR Expertise Group Inc (NYSEAMERICAN:KULR), a number one developer of next-generation lithium-ion battery security and thermal administration applied sciences, introduced that it has acquired a particular allow from the US Division of Transportation (DoT) authorizing the transport of prototype lithium cells and batteries aboard cargo plane. The San Diego, California-based superior expertise firm mentioned the allow, issued as DOT-SP 21167, was granted on June 14, 2021. “When transporting prototype batteries aboard cargo plane, it’s crucial to make sure the very best degree of security,” mentioned KULR President and COO Keith Cochran in an announcement.

GameSquare Esports Inc () () introduced that The Drew League’s artistic content material company Crossovr Collective has introduced in companions GameSquare and its wholly-owned subsidiary, Gaming Group Community (GCN), to broaden The Drew’s visibility and engagement alternatives globally. Since 1973, The Drew League has served as a pro-amateur basketball league held each summer season in Los Angeles, California. It has showcased among the sport’s best expertise and has grown in reputation over time with NBA basketball gamers commonly taking part in its video games. By way of the partnership, Crossovr and GCN, a digital media firm specializing in the gaming and esports viewers, plan to spice up The Drew’s fan engagement not solely by stay occasion viewership, but in addition with The Drew followers on numerous platforms throughout social media.

Inc (CSE:XRO) (), which has developed a brand new class of energy electronics for powertrains, has introduced a strategic improvement settlement with Company, a world powerhouse in car elements manufacturing, to develop a complicated electrical drive resolution for electrical automobiles. is a tier one producer of superior mobility options for the automotive trade. Calgary-based clear expertise firm Exro and have agreed to develop a complicated eAxle using Coil Driver expertise to enhance value and efficiency of ‘s eAxle product line. An eAxle is an built-in electrical drive resolution for battery electrical automobiles (BEV) or gasoline cell electrical automobiles (FCEV). The built-in resolution offers higher manufacturing value and extra environment friendly quantity utilization, with out sacrificing key efficiency capabilities.

Ltd. () (OTCQX:AAGFF) mentioned that it has appointed Michael Parker as a director of the corporate, efficient instantly. A geologist by coaching, the corporate famous that Parker has intensive expertise in mining exploration and venture improvement, having overseen initiatives from their discovery by development to manufacturing – together with 2 years as supervisor of the Lonshi open-pit copper mine within the Democratic Republic of Congo (DRC). In a twenty-year profession with (FQM), he held progressively senior Nation Supervisor positions, and was instrumental in two main copper discoveries for FQM; the Lonshi and Frontier mines.

() (NYSEAMERICAN:MTA) (FRA:X9C) revealed that it has purchased an present 1.35% web smelter return (NSR) royalty on a part of the Côté gold venture in Ontario, the place development of a US$1.3 billion mine began late final 12 months. Côté is owned by Canadian mining main . and Fortune 500 buying and selling big Sumitomo and the royalty was purchased for C$7.5 million in money from arm’s size sellers. The venture is about to change into one in every of Canada’s largest gold mines with anticipated annual output of 493,000 ounces and whole money prices of US$600 per ounce within the first 5 years.

() () has offered an replace on the corporate’s natural development initiatives at its latest acquisition, Novum Constructing Elements location, in Abbotsford, British Columbia (BC). The corporate mentioned it has been working onerous to proceed its integration at Novum and is worked up to maneuver ahead with its development initiatives by including Engineered Wooden Merchandise (EWP) to the merchandise out there on the location. EWP consists of i-joists, laminated beams, architectural glulams, and quite a few different merchandise. Atlas Engineered mentioned this product growth permits Novum to fulfill a wider vary of development wants for purchasers with out requiring them to buy round for a number of completely different suppliers.

() (OTCQX:NTTHF) (FRA:NE2) reached one other milestone with its flagship 3Q venture in Argentina, saying its pilot plant had produced the very best battery-grade lithium carbonate to date, at 99.9% purity. Such purity is suitable by the agency’s accomplice and one of many world’s largest electrical car (EV) battery markers, Modern Amperex Expertise Co. Restricted (CATL) for its lithium iron phosphate (LFP) batteries. The corporate mentioned it will now convert its pilot plant, which produced its first batch of lithium carbonate with 99.1% purity in late 2019, from ‘batch’ mode into steady mode so it may possibly produce giant samples for specification certification. Samples have already been despatched to CATL in China for their very own chemical evaluation.

LexaGene Holdings Inc () () (FRA:5XS2) has introduced that CEO Dr Jack Regan will current on the Biothreat and Pathogen Detection Convention relating to MiQLab system’s potential to detect the pathogen that causes plague. The corporate famous that plague is arguably the deadliest pathogen of all time and it’s categorised by the federal government as a Class A Bioterrorism agent. To reveal MiQLab’s capabilities for biothreat agent detection, LexaGene mentioned it developed a plague check and accomplished an analytical analysis with contrived samples. 

(), which is within the course of of fixing its identify to American Battery Expertise Firm (ABTC), mentioned it has acquired unanimous approval from the Fernley Metropolis Council for a Conditional Use Allow (CUP) relating to a forthcoming lithium-ion battery recycling plant. This newest endorsement takes the corporate one step nearer towards allowing and setting up its first-of-its-kind lithium-ion battery recycling pilot plant in Fernley, Nevada. Earlier this month, the CUP was unanimously authorised by the Metropolis of Fernley Planning Fee. “The Fernley Metropolis Council’s adoption of the Conditional Use Allow advances our progress in the direction of setting up our trailblazing lithium battery recycling pilot plant,” mentioned American Battery Expertise chief govt officer Doug Cole in an announcement. “An trade game-changer, the pilot plant will bolster Fernley’s financial system, create new jobs and ship a sustainable resolution to reinforce and safe a home provide of battery metals.”

. () (FRA:ADQ) mentioned it has closed its beforehand introduced marketed providing of models of the corporate.  The corporate issued 3,100,000 Items at $1.33 per unit for gross proceeds of $4,123,000. Every unit consists of 1 widespread share of the corporate and one-half of 1 widespread share buy warrant. Every Warrant is exercisable into one widespread share for a interval of 24 months from the closing of the providing at an train worth of $1.80, topic to adjustment in sure occasions. The corporate has mentioned it expects to make use of the online proceeds from the providing for gross sales and advertising and marketing, analysis and improvement and common company functions. The corporate has additionally granted the underwriters an over-allotment choice to cowl over-allotments and for market stabilization functions, exercisable at any time as much as 30 days subsequent to the closing of the providing, to buy as much as a further 465,000 Items on the identical phrases and situations of the providing, for added gross proceeds of as much as $618,450.

. () mentioned it has acquired discover from the Ministry of Mines and Power of Namibia informing the corporate that its software for the renewal of its Unique Prospecting Licence 3140 has been denied citing the corporate’s incapacity to advance the licence to Pre-Feasibility and full the proposed drilling program as deliberate. Deep South mentioned it has requested an pressing assembly with the Minister to assessment and reverse the choice which it’s satisfied it’s a misunderstanding. It famous that the minister has accepted a gathering to debate the matter and the assembly ought to happen early subsequent week. Pierre Léveillé, president & CEO of Deep-South commented: “Within the context that the Firm is nicely funded and shifting forward with a big improvement program, the choice of the Minister is stunning and positively not in the perfect curiosity of the event of the mineral assets of Namibia. We consider {that a} assembly with the Minister will take away any doable misunderstanding and the state of affairs will likely be rectified within the shortest timeframe doable. We’re hopeful that our efforts to satisfy with the Minister will attain a optimistic end result.”

Camino Corp. () (OTCPINK:CAMZF) introduced that it has retained providers of GOLDINVEST Consulting GmbH, Mezzo Consulting Providers S.A., Proactiveinvestors North America Inc,, and GoldStockTrades.com to construct consciousness and supply advertising and marketing and communication providers for the corporate to reinforce its present efforts. “Copper is the enabling metallic for world electrification and Camino has assembled new discovery copper property in Peru, the world’s second-largest producer. We have now developed a company technique that, we consider, can appeal to a a lot bigger viewers and investor base.” mentioned Jay Chmelauskas, president and CEO of Camino Corp. “We are going to proceed updating our buyers on the progress of exploration campaigns at Los Chapitos and Maria Cecilia in 2021. We additionally plan to teach buyers about our ESG initiatives, exploration and improvement actions, and the macro provide/demand dynamics of a forecasted world copper deficit. Our complete advertising and marketing marketing campaign is designed to develop our investor base as we develop our copper asset base and construct long run worth within the sector.”

MedX Well being Corp () mentioned the TSX Enterprise Change has accepted for submitting documentation with respect to its non-brokered personal placement introduced on Might 14, 2021, which is able to see the difficulty of 5,592,221 widespread shares at a purchase order worth of 18 cents every along with 5,592,221 share buy warrants at an train worth of 25 cents for a two-year interval with 6 placees.

Company () (FRA:2C1) mentioned it has retained the providers of investor relations and communications corporations to offer providers for the Firm. The IR Events are arms-length to the corporate. Vancouver-based Whoa Is Media Inc., dba SmallCap Communications, is offering social media and communications providers to the Firm for an indefinite time period, for a one-time payment of US$30,000. JBN Companions, LLC, primarily based in South Carolina, is offering investor relations and company monetary public relations providers for an preliminary time period of six months, for a payment of US$100,000. The contract could also be renewed for added six-month phrases by settlement of the events. Xigem additionally introduced the cancellation of 200,000 warrants to buy widespread shares of the corporate, the issuance of which was beforehand introduced on June 2, 2021. Xigem additional suggested that the finder warrants, issued along with the personal placement that was introduced on June 2, 2021, have been widespread share buy warrants.

Numinus Wellness Inc () mentioned that it has met the necessities for a Tier 1 firm and due to this fact, efficient on the market open, Friday, June 18, 2021, the corporate’s tier classification will change from Tier 2 to Tier 1 — industrial issuer.

(), a number one provider of Good Glasses and Augmented Actuality (AR) expertise and merchandise, has mentioned it would maintain its annual shareholders assembly Thursday, June 17, 2021. at 11.00am Japanese Time through the next on-line hyperlink: www.virtualshareholdermeeting.com/VUZI2021. Individuals are inspired to log in 10-Quarter-hour previous to the beginning of the assembly. Solely validated stockholders or proxyholders will be capable to submit questions or feedback through the assembly’s internet portal.  

() (OTCMKTS:SMAGF) has introduced that its govt chairman, Geoffrey Hampson and president and CEO, Javier Cordova, will discuss Soma’s June 2021 presentation together with updates on current drilling outcomes, development progress and upcoming milestones on Wednesday, June thirtieth, 2021, at 11am EST. Traders can register for the webinar through the next hyperlink: http://bit.ly/RegisterSoma. Administration will likely be out there to reply any questions following the presentation on the webinar platform. Questions can also be submitted beforehand through electronic mail to soma@rbmilestone.com

(), the operator of monetary markets for 11,000 US and world securities, as we speak introduced Surge Copper Corp. (CVE:SURG) (OTCQX:SRGXF), an organization progressing superior stage copper initiatives in central BC by exploration and improvement, has certified to commerce on the OTCQX Greatest Market and has as we speak upgraded from the OTC Pink market. Upgrading to the OTCQX Market is a crucial step for corporations in search of to offer clear buying and selling for his or her US buyers.  For corporations listed on a professional worldwide alternate, streamlined market requirements allow them to make the most of their residence market reporting to make their data out there within the US. To qualify for OTCQX, corporations should meet excessive monetary requirements, observe finest follow company governance and reveal compliance with relevant securities legal guidelines. Leif Nilsson, chief govt officer of Surge, commented: “We’re quickly advancing what we consider are among the most fun copper alternatives in British Columbia, Canada. A part of our mission is to repeatedly strengthen our shareholder base and buying and selling liquidity. Offering citation of Surge Copper’s shares on the OTCQX Greatest Market offers clear benefits to our US shareholder base, and can assist us obtain this mission.”

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