NA Proactive news snapshot: Ceylon Graphite, Capstone Turbine, Great Bear Resources, FSD Pharma, Propanc Bio …

A glance at some of the day's highlights from the Proactive Investors US and Canada newswires

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Your daily round-up from the world of Proactive

Ceylon Graphite Corp (CVE:CYL) (OTCMKTS:CYLYF) said Wednesday that its wholly owned subsidiary Sarcon Development Pvt Ltd has got the greenlight from Sri Lanka’s Central Environmental Authority (CEA) for its K1 graphite mining project at Karasnagala, in Sri Lanka. The Vancouver-based explorer said CEA approval is mandatory for any mining project in Sri Lanka as it lays out the basic terms under which the mine may be operated. The approval touches on everything from mining to rehabilitation, control of noise and vibrations, air emissions, transportation, waste disposal, erosion and dewatering of the mine.

Capstone Turbine Corporation (NASDAQ:CPST) has announced that E-Finity Distributed Generation – its exclusive distributor for the Mid-Atlantic and Southeastern United States, and the Caribbean – has signed Factory Protection Plan (FPP) long-term service contracts covering 1.7 megawatts (MWs) of Capstone microturbines in the Marcellus and Utica shale regions in the Appalachian Basin. The company said this large oil and gas end-use customer of Capstone microturbine energy systems had already placed 3.2 MWs under FPP service contracts in June 2019 and now has their entire fleet of 4.9 MWs operating in the Appalachian Basin covered under Capstone’s industry-leading FPP product.

Great Bear Resources Ltd (CVE:GBR) celebrated the one-year anniversary of its Hinge Zone discovery at the Dixie project by uncovering a new high-grade gold zone at the Red Lake project.  New drill results revealed 30.8 grams per ton gold over 2.5 metres within a broader zone of 7.4 grams per ton gold over 13.2 metres, at a vertical depth of 68 metres, indicating a new steeply-plunging zone.

FSD Pharma Inc (CSE:HUGE) (OTCQB:FSDDF) announced Wednesday the launch of its online ordering system to fill medicinal cannabis prescriptions. Through its wholly-owned subsidiary, FV Pharma Inc, clients with a prescription from a medical practitioner or a registration number with Health Canada can now place an order online for dried cannabis on FVPharma.com.

Propanc Biopharma Inc (OTCMKTS:PPCB), a biopharmaceutical company developing new cancer treatments for patients suffering from recurring and metastatic cancer, has been granted a US patent to better protect its lead drug PRP.  The company said Wednesday that the patent granted by United States Patent and Trademark Office covers composition of matter claims involving pancreatic proenzymes trypsinogen and chymotrypsinogen -- which together comprise PRP for treating various cancers. The patent is the second one covering PRP.

Mawson Resources Limited (TSE:MAW) (OTCMKTS:MWSNF) has summarized this year's drilling results at its giant Rajapalot project in Finland, where the focus is now on expanding the resource. In a statement Wednesday, the group said it sunk 44 holes for 15,059 meters, with two short holes abandoned and one wedged hole, during the 2019 winter season. The project as it stands now boasts three resource bodies and two new discovery areas within a 4 x 3 sq km area, yet 80% of this area remains untested.

Nano One Materials Corp (CVE:NNO) (OTCMKTS:NNOMF) is advancing the company’s latest lithium nickel manganese cobalt (NMC) innovations aimed at making high-energy lithium ion batteries safer and more durable.  In a statement on Wednesday, Dr Stephen Campbell, the company’s chief technology officer said Nano’s latest innovations provide durability and safety to NMC cathodes by protecting them from the stresses of repeated charging.

EuroLife Brands Inc (CSE:EURO) (OTCMKTS:CANVF) said Wednesday that the cannabis analytics company is strengthening its position in the pet and human consumables market as part of a global cannabis brand strategy.  The company, formerly known as Cannvas MedTech Inc, is beginning a new chapter as it applies its education and analytics platforms to a new line of business poised for aggressive gloal expansion.

VR Resources Ltd (CVE:VRR) (OTCMKTS:VRRCF) announced Wednesday that it has discovered a large anomaly at its Ranoke copper-gold project in northern Ontario. The gravity anomaly, measuring 4 kilometres by 8 kilometres in size, is evidence of a large body of copper sulphide at Ranoke, according to the Vancouver-based junior explorer. Ranoke is located in an area that is prospective for a large iron oxide copper gold ore deposit. The survey conducted by VR Resources also refined a previously identified magnetic anomaly that indicates a robust vertical body continuous from surface to depth.

MGX Minerals Inc (CSE:XMG) (OTCQB:MGXMF) reported good progress with its oilsands wastewater treatment technology on Wednesday. The system, developed by the group's engineering partner Purlucid, can remove silica, dissolved ions and dissolved oil from waste brines generated by the heavy oil industry and has now entered the third milestone phase of the project - namely its installation at a mid-sized oil producer in Alberta, Canada.

Phunware, Inc. (NASDAQ: PHUN) has announced its participation in the 2020 SXSW PanelPicker, the official user-generated session proposal platform for the influential SXSW Conference. The firm, which has a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide, said its session proposal details not only the misuse and exploitation of user data by tech giants, but also a unique solution that leverages Phunware's proven technology.

RNC Minerals (TSE:RNX) reported 'excellent' production from its Beta Hunt gold mine in Australia during July - the first full calendar month of consolidated operations following the group's acquisition of the Higginsville Gold Operation (HGO). Output for the month came in at 7,873 ounces of the yellow metal. Noting that the firm had promised to make more regular updates, Paul Andre Huet, RNC's chief executive, said: "Material processed during July was comprised of Beta Hunt mined and stockpile, with excellent recoveries in the 92-94% range.

Nabis Holdings Inc (CSE:NAB) (OTC:NABIF) told investors Wednesday that it expects 2019 to be a key year as it continues to rapidly expand its footprint in the USA through acquisitions. The group, which invests in quality, cash flowing assets in various sectors with a specialty in assets across multiple divisions in the cannabis industry, made the statement in a letter to shareholders issued on Wednesday.

Dyadic International Inc (NASDAQ:DYAI) has announced that its president and chief executive officer, Mark Emalfarb and/or its chief financial officer, Ping Rawson, will be presenting at the following four investor conference events: The RHK Disruptive Growth Conference on Wednesday, September 4, 2019 at 4:40 pm ET at ReedSmith’s offices in New York City (NYC); The Gateway Conference, also on Wednesday, September 4, 2019, at 4:30 pm PT at the Four Seasons Hotel in San Francisco; the Janney Healthcare Conference on Monday, September 9, 2019 at 9:55 am ET at The Union League Club in NYC; and the Sidoti & Company Investor Conference on Wednesday, September 25, 2019 at 8:35am at the Grand Hyatt in NYC.

The Flowr Corporation (CVE:FLWR) (OTCMKTS:FLWPF) announced Tuesday it has completed the acquisition of the remaining 80.2% interest in Holigen Holdings through a share purchase agreement. The Toronto-based company builds and operates large-scale, GMP-designed facilities that utilize proprietary growing methods to produce high-quality cannabis for recreational and medicinal usage.

EnWave Corporation (CVE:ENW), a global leader in vacuum microwave dehydration technology, has announced it will report its financial results for the third quarter of fiscal year 2019 on Wednesday, August 28, 2019 after the market close.

Genprex Inc. (NASDAQ: GNPX), a clinical-stage gene therapy company, has announced that its chairman and chief executive officer, Rodney Varner, is scheduled to present at the 4th Annual Disruptive Growth Conference hosted by ReedSmith in New York City on Wednesday September 4, 2019. His presentation will be at 5:00pm-5:15pm EDT at ReedSmith Offices, 599 Lexington Avenue, 22nd Floor, New York City in Presentation Room A/B.

CROP Infrastructure Corp (CSE:CROP) (OTCMKTS:CRXPF) announced a warrant exercise incentive program on Wednesday to fund construction of its Nevada extraction lab as well as other operations at the cannabis company. The company is encouraging shareholders to exercise nearly 31.8 million outstanding warrants at a price ranging between C$0.55 and C$0.75. Eligible warrants were granted between May 1, 2018 and February 5, 2019. The early exercise period will begin on August 21 at 9am PST and expire on September 6 at 5pm PST. Eligible warrants that remain unexercised following the completion of the period will continue to be exercisable for shares on the original terms as they existed prior to the program.

Antibe Therapeutics Inc (CVE:ATE) closed its recent financing on August 13, raising aggregate gross proceeds of C$8,049,999.60 from the issue of 26,833,332 units - each unit consisting of one common share and one-half of one common share purchase warrant – at a price of 30 cents per unit. Each whole warrant issued entitles the holder to acquire one common share in Antibe at a price of 40 cents per common share for a period of three years. The group said the overallotment option on the offering has not yet been exercised.

Australis Capital Inc (CSE:AUSA) (OTCMKTS:AUSAF) has mailed meeting proxy materials for its annual general and special meeting to be held at the Matrix Hotel, 10640, 100 Ave., Edmonton, Alta., Canada, on Friday, September 27, 2019 at 9:30 am Mountain Time (MT). The deadline for submission of proxies is 10 am MT on September 25.

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