Subject: Smallcap Discoveries: Weekly Update - August 23rd to 27th

Smallcap Discoveries:

Weekly Update - August 23rd to 27th
Smallcap Discoveries Select Portfolio

Atlas Engineered Products (AEP-TSX.V) Price - $0.47 Market Cap - $27M
  • Atlas Engineered Products Reports Record Q2 Revenue and Profits
  • Revenue of $14.4M
  • Gross profit of $3.79M
  • EBITDA of $2.82M
  • Adj. EBITDA of $2.86M
  • Net income of $1.64M
  • Press Release https://tinyurl.com/vmccr8wy
BeWhere Holdings (BEW-TSX.V) Price - $
  • BeWhere Holdings Inc. Reports Second Quarter 2021 Financial Results and Business Update
  • Revenue of $2.27M
  • Gross profit of $608K
  • Adj. EBITDA of $248K
  • Net income of $129K
  • Press Release https://tinyurl.com/ywhd76h5
Namesilo Technologies (URL-CSE) Price - $0.20 Market Cap - $18.5M
  • NameSilo Technologies Corp. Announces Q2 2021 Results Record Q2 Revenues and Operating Income
  • Revenue of $8.4M
  • Gross profit of $1.44M
  • Operating profit of $154K
  • Adj. EBITDA of $435K
  • Press Release https://tinyurl.com/4pawdaet
Renoworks (RW-TSX.V) Price - $0.455 Market Cap - $17.5M
  • Renoworks Announces Second Quarter 2021 Financial Results
  • Revenue of $1.47M
  • Recurring revenue of $452K
  • Gross profit of $914K
  • Net loss of ($48K)
  • Press Release https://tinyurl.com/4n9kp6dd
Route1 Inc (ROI-TSX.V) Price - $0.47 Market Cap - $19M
  • Route1 Announces Q2 2021 Financial Results
  • Revenue of $6.33M
  • Subscription and services revenue of $2.67M
  • Gross profit of $2.89M
  • Adj. EBITDA of $760K
  • Net income of $461K
  • Press Release https://tinyurl.com/ytbxa35y
** Dropping Coverage - Aurora will be closed and removed from the SCD Portfolio.

Aurora Solar Technologies (ACU-TSX.V) Price - $0.26 Market Cap - $37M
  • Announced Q1 Financial Results
  • Revenue of $0
  • Net loss of ($1.19M)
  • We think the risk profile has changed due to covid delays. Which has increased uncertainty, delays likely mean they will have to go back to market at some point to fund operations until they see new product sales.


Smallcap Discoveries Select Watchlist

Aequus Pharmaceuticals (AQS-TSX.V) Price - $0.145 Market Cap - $19M
  • Aequus Strengthens Clinical Experience in Stargardt Disease with Pediatric Ophthalmology Expertise
  • Press Release https://tinyurl.com/msfdjfet
Avante Logixx (XX-TSX.V) Price - $2.20 Market Cap - $46.6M
  • Avante Logixx Inc. Announces Adjusted EBITDA of $2.0 Million (or $0.095 Per Share) for its First Quarter Ended June 30, 2021 on Revenues of $24.1 Million
  • Revenue of $18.2M
  • Gross profit of $4.12M
  • EBITDA of $212K
  • Adj. EBITDA of $637K
  • Net income of $276K
  • Press Release https://tinyurl.com/3k67r9cx
BlueMetric Enviornmental (BLM-TSX.V) Price - $0.75 Market Cap - $22M
  • BluMetric Announces Strong Financial Results for Q3 2021
  • Revenue of $8.5M
  • Gross profit of $2.19M
  • Adj. EBITDA of $1.3M
  • Net income of $687K
  • Press Release https://tinyurl.com/7ka8xafm
BQE Water Inc (BQE-TSX.V) Price - $31.22 Market Cap - $40M
  • BQE Water Reports Q2 2021 Results
  • Proportional Revenue of $4.2M
  • Adj. EBITDA of$1.4M
  • Net income of $809K
  • Press Release https://tinyurl.com/8w5k6esd
Ceapro (CZO-TSX.V) Price - $0.67 Market Cap - $52M
  • Ceapro Inc. Reports 2021 Second Quarter and Six-Month Financial Results and Operational Highlights
  • Revenue of $4.4M
  • Gross profit of $2.63M
  • Net profit of $676K
  • Press Release https://tinyurl.com/24v866ps
Char Technologies (YES-TSX.V) Price - $0.77 Market Cap - $54M
Deveron Corp (FARM-TSX.V) Price - $70 Market Cap - $60M
  • Revenue of $1.8M
  • Gross profit of $1.25M
  • Comprehensive loss of ($855K)
GBLT Corp (GBLT-TSX.V) Price - $0.22 Market Cap - $25M
  • GBLT Announces Second Quarter 2021 Financial Results
  • Revenue of $6.5M
  • Gross profit of $0.8M
  • Adj. EBITDA of $0.1M
  • Net income of $65K
  • Press Release https://tinyurl.com/c873h38f
Ginger Beef (GB-TSX.V) Price - $0.355 Market Cap - $5M
  • Announced Q2 Financial Results
  • Revenue of $2.5M
  • Gross profit of $457K
  • Net income of $181K
Green Rise Foods (GRF-TSX.V) Price - $1.70 Market Cap - $
  • Green Rise Foods Announces Q2 2021 Results
  • Revenue of $7.1M
  • Gross profit of $2.16M
  • Adj. EBITDA of $2.8M
  • Net income of $606K
  • Press Release https://tinyurl.com/84rwtmzw
Imaflex Corp (IFX-TSX.V) Price - $1.52 Market Cap - $76.4M
  • Imaflex Announces Strong Q2 2021 Results and Provides Business Update
  • Revenue of $27.4M
  • Gross profit of $4.5M
  • EBITDA of $3.3M
  • Net income of $2M
  • Press Release https://tinyurl.com/mwbssjs
Innovotech (IOT-TSX.V) Price - $0.155 Market Cap - $6M
  • Innovotech Reports Six-Month Results to June 30, 2021
  • Revenue of $480K
  • Gross profit of $385K
  • Net income of $163K
  • Press Release https://tinyurl.com/23tytv6n
Intouch Insight (INX-TSX.V) Price - $0.79 Market Cap - $18M
  • Intouch Insight Ltd. Announces Q2 2021 Results With 135% Revenue Growth
  • Revenue of $3.42M
  • Gross profit of $1.89M
  • Adj. EBITDA of $383K
  • Net loss of ($45K)
  • Press Release https://tinyurl.com/3kezkhyh
Lingo Media (LM-TSX.V) Price - $0.065 Market Cap - $2.3M
  • Lingo Media Reports Financial Results for the Second Quarter Ended June 30, 2021
  • Revenue of $1.03M
  • Gross profit of $625K
  • Net income of $451K
  • Press Release https://tinyurl.com/4vcun9fy
Memex (OEE-TSX.V) Price - $0.03 Market Cap - $4.4M
  • Memex Inc. Reports Q3-2021 Results; On track for Positive Income from Operations for Fiscal 2021
  • Revenue of $767K
  • Gross profit of $598K
  • Income from operations of $88K
  • Net and comprehensive loss of ($43K)
  • Press Release https://tinyurl.com/y58zejrc
Nanalysis (NSCI-TSX.V) Price - $1.19 Market Cap - $91M
  • Nanalysis Scientific Corp. Reports Second Quarter 2021 Financial Results
  • Revenue of $4.34M
  • Gross profit of $2.92M
  • Net income of $222K
  • Press Release https://tinyurl.com/3xp32xa8
NexgenRX (NXG-TSX.V) Price - $0.355 Market Cap - $25M
Noble Iron (NRI-TSX.V) Price - $0.80 Market Cap - $22M
  • Announced Q2 Financial Results
  • Revenue of $1.67M
  • Gross profit of $1.52M
  • Net income of $27K
Plaintree Systems (NPT-TSX.V) 
  • Plaintree Systems Inc. Announces First Quarter Fiscal 2021 Results
  • Revenue of $3.64M
  • Gross profit of $1M
  • Net income of $262K
  • Press Release https://tinyurl.com/45vsabvb
Premier Health of America (PHA-TSX.V)
  • Premier Health Reports Strong 3ʳᵈ Quarter Results
  • Revenue of $18.6M
  • Gross profit of $4.47M
  • EBITDA of $1.3M
  • Net income of $0.6M
  • Press Release https://tinyurl.com/22t9huec
Prodigy Ventures (PGV-TSX.V) Price - $0.15 Market Cap - $21.5M
  • Prodigy's IDVerifact partners with BioConnect to verify identity across physical, IOT and digital applications
  • Press Release https://tinyurl.com/yvjk4j88
Quorum (QIS-TSX.V) Price - $1.04 Market Cap - $76M
  • Quorum Announces Q2 2021 Results - Record SaaS Revenue Growth
  • SAAS Revenue of $6.4M
  • Total revenue of $9.1M
  • Gross profit of $4M
  • Adj. EBITDA of $1.1M
  • Net loss of ($0.2M)
  • Press Release https://tinyurl.com/ywd8r68s
Redishred Capital Corp (KUT-TSX.V) Price - $0.82 Market Cap - $65M
  • Redishred Capital Corp. (“Redishred”) Announces Another Record Quarter: Q2 2021 With 68% Growth in Consolidated EBITDA
  • Revenue of $8.67M
  • Operating income of $1.54M
  • EBITDA of $2.6M
  • Comprehensive loss of ($376K)
  • Press Release  https://tinyurl.com/sux9nesw
Snipp Interactive (SPN-TSX.V) Price - $0.12 Market Cap - $28M
  • Snipp Interactive Reports Financial Results for Q2 2021
  • Revenue of $3M
  • EBITDA of $460K
  • Net income of 423K
  • Press Release https://tinyurl.com/3crcbhjm
Starrex international (STX.CSE) Price - $1.40 Market Cap - $22M
  • Announces Q2 Financial Results 
  • Revenue of $5.4M
  • Net income of $277K
Urbanimersive (UI-TSX.V) Price - 0.11 Market Cap - $17M
  • Urbanimmersive Announces Its 2021 Third Quarter Financial Results
  • Revenue of $1.1M
  • Gross profit of $733K
  • EBITDA of $47K
  • Net loss of ($249K)
  • Press Release https://tinyurl.com/b97hp88u
Vitreous Glass (VCI-TSX.V) Price - $5.05 Market Cap - $32M
  • Announced Q3 Financial Results
  • Revenue of $3M
  • Gross profit of $1.48M
  • Net income of $773K
Zoomd Technologies (ZOMD-TSX.V) Price - $0.42 Market Cap - $40M
  • Zoomd Reports Record 2Q2021 Financial Results, Highlighted by 97% YOY Revenue Growth
  • Revenue of $11.1M
  • EBITDA of $1.3M
  • Adj. EBITDA of $1.31M
  • Comprehensive loss of ($127K)
  • Press Release https://tinyurl.com/fy2sx3f5
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