NA Proactive news snapshot: CB2 Insights, Capstone Turbine, Exactus, Pacton Gold, BevCanna Enterprises …

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

CB2 Insights (CSE:CBII) (OTCMKTS:CBIIF) announced fiscal second quarter results after the bell Wednesday showing a double-digit increase in revenue.  For the quarter ended June 30, CB2 said its revenue was C$3.3 million, a 14.3% increase over the previous quarter and that did not include revenue from the company's recent New Jersey Alternative Medicine acquisition, which would have added an estimated C$700,000 for the period, the company said in a statement.

American Battery Metals Corporation (OTCQB:ABML) said Wednesday that it is exploring a couple of vertical integration strategies to drive strategic growth and enable more efficiency. The resource exploration and development company’s top focus is the establishment of a low cost, environmentally sound production base to supply the rapidly growing lithium-ion battery industry for both mobile devices and laptops, as well as the burgeoning electronic vehicle industry.

Acasti Pharma Inc (NASDAQ:ACST) (CVE:ACST) announced Wednesday the results of its meeting of shareholders. Directors Roderick Carter, John Canan, Jan D’Alvise and Donald Olds were all re-elected, and the stock options plan was amended to increase the fixed number of shares that may be issued as stock options are exercised. The total was boosted from roughly 5.5 million shares to 11.8 million shares, keeping the percentage of available shares at 15% of the overall total. Shareholders similarly raised the number of shares available in the equity incentive plan to 2.5% of the total and also passed a previous grant for certain directors and officers to purchase about 1.4 million stock options.

Bonterra Resources Inc. (CVE:BTR) said that the TSX Venture Exchange has accepted for filing documentation with respect to the brokered private placement it announced on July 26, 2019. That saw 7,385,000 shares placed at C$2.50 per share; 2,166,670 flow-through shares placed at C$3 per share; 1,628,000 superflow-through shares at C$4.30 per share; and 5,589,835 share purchase warrants to purchase 5,589,835 shares at an exercise price of C$3.10 for a two-year period.

Capstone Turbine Corporation (NASDAQ:CPST) announced Wednesday that its distribution partner in Kazakhstan, TOO Synergy Astana, has received an order for 11 C30 microturbines for an ongoing pipeline project in Western Kazakhstan. The Kazakhstan pipeline already depends on 63 Capstone microturbine systems, with the new order bringing the new total to 74 when the eleven C30s are expected to ship in September, Capstone noted in a statement.

Exactus Inc (OTCMKTS:EXDI) announced that it is on track to exceed its initial estimates of 20,000 pounds of top flower and will begin taking orders. The Florida-based CBD healthcare company revealed it has made significant progress on the two 100-acre industrial hemp farms it owns located in Southwest Oregon. The CBD producer said it will begin harvesting on September 15 and will continue to harvest top flower through November. As a result, delivery of 2019 flower products will begin in October following drying, processing and packaging.

Pacton Gold Inc (CVE:PAC) (OTCMKTS:PACXF) is poised to begin drilling in Red Lake after the junior explorer received its permit from the Ontario regulators this week. The Vancouver-based company announced Wednesday that the Ontario Ministry of Northern Development and Mines granted its exploration drilling permit, allowing Pacton to conduct diamond drilling and outcrop cleaning. The company told shareholders that it is planning a 10,000 metre drilling program to commence in the fall of 2019.

BevCanna Enterprises Inc (CSE:BEV) (OTCMKTS:BVNNF) has appointed top equity analyst Camilo Lyon to its board of directors and audit committee, the company announced Wednesday. Lyon brings over two decades of corporate finance and consumer brand experience to BevCanna, primarily as an equity research analyst in the US at top investment banks focusing on global lifestyle brands and retailers, according to a statement. Lyon joins the Vancouver-based company as it prepares to launch its cannabis-infused beverage brands in North America.

New Pacific Metals Corp (CVE:NUAG) (OTCMKTS:NUPMF) has posted more encouraging drill results from its wholly-owned Silver Sand project in Bolivia, which continue to show wide intervals of silver. The latest assays come from a further 20 holes, which were sunk to infill the drill grid to a density of 25 metres by 25 metres to confirm continuity of mineralization in selected areas, which were drilled in 2018. Standout results include 165.5 metres (m) at 204 grams per ton (g/t) silver in one hole, which also included 93.5m at 336 g/t of the precious metal.

TruTrace Technologies Inc (CSE:TTT) (OTCMKTS:TTTSF), the company running the Shoppers Drug Mart medical cannabis verification pilot program, announced Wednesday that Segra International Corp, an agriculture technology company, will be joining the project. According to a statement, the companies have signed a letter of intent under which Segra’s role will be to extract DNA from samples of medical cannabis and create a reference against which future batches can be tested for purity.

Antibe Therapeutics Inc (CVE:ATE) (OTCMKTS:ATBPF) has reported fiscal first quarter results showing an increase in revenue thanks to higher sales in the United States. For the three months ended June 30, 2019, the biotech company said its revenue from product sales increased to C$2.763 million, up from C$2.543 million a year earlier.

Telson Mining Corporation (CVE:TSN) (OTCMKTS:SOHFF) has reported better than expected recoveries from third party toll milling in Mexico. In a statement on Tuesday, Telson said it expects that the Atocha mill will process at least 5,000 tonnes of pre-production Tahuehueto mine ore during this 11th campaign of toll milling. So far it has processed 2,166 tonnes in six days up to August 25.

Marrone Bio Innovations Inc (NASDAQ:MBII) announced Wednesday that Dr Pam Marrone, the company’s founder and CEO, has received the 2019 American Chemical Society Award (ACS) for Innovation in Chemistry of Agriculture. The award is sponsored by the agrochemical division of ACS and the BASF Corporation of Germany in honor of outstanding achievements in the discovery, development and commercialization of biopesticides, the firm said in a statement. The AGRO Awards, an international competition honoring the top advancements in agriculture, were presented at the National Meeting of ACS in San Diego on August 25-29

Nano One Materials Corp (CVE:NNO) (OTCMKTS:NNOMF) revealed that it has raised C$845,625 from an early warrant exercise program. As an incentive to take up the early exercise of their warrants, shareholders received an additional 676,500 new share purchase warrants, the tech group said in a statement. Each of those entitles the bearer to buy one company share for 14 months from the date of issue at C$1.60 each.

Gold Resource Corporation (NYSEAmerican:GORO) has declared a monthly dividend of 1/6 of a cent per share for August payable on September 23 to shareholders of record as of September 11. The gold and silver producer, developer and explorer has operations in Oaxaca, Mexico and Nevada, in the United States. Since July 2010, it has returned $112 million to its shareholders in monthly dividends. It offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

Quantum Computing Inc (OTCMKTS:QUBT) will present at this year’s Disruptive Growth Conference at the beginning of September. The technology company’s CEO Robert Liscouski will be presenting at the conference and meeting with investors, the Leesburg, Virginia-based company told shareholders on Wednesday. The 4th annual Disruptive Growth Conference takes place in New York City between September 4-5.


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