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NA Proactive news snapshot: Nemaura Medical, Q BioMed, Globex Mining Enterprises, Great Panther Mining UPDATE …

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

Nemaura Medical Inc (NASDAQ:NMRD) on Thursday provided an update about the commercial launch in Europe of its flagship SugarBEAT continuous glucose monitor (CGM) and feedback from its first patient-user experiences at a recent diabetes conference in Barcelona, Spain. In a statement, the company noted that at the 55th Annual Meeting of the European Association for the Study of Diabetes last month, its CEO Dr Faz Chowdhury discussed key milestones in the development and plans for the commercial rollout program for SugarBEAT in the UK, Ireland, Germany and other key European markets following its approval in the EU.

Q BioMed Inc (OTCMKTS:QBIO) announced Thursday it has entered into an exclusive distribution agreement for its non-opioid metastatic cancer pallion drug Strontium-89 with Jubilant Radiopharma for the US market. Jubilant Radiopharma, a segment of Jubilant Pharma Limited, is an industry-leading pharmaceutical company specializing in nuclear medicine focused on developing, manufacturing, commercializing and distributing high quality and sustainable diagnostic and therapeutic agents on a global scale, according to a statement.

Globex Mining Enterprises Inc (TSE:GMX) (OTCMKTS:GLBXF) has kicked off a new exploration program at its Francoeur/Arntfield gold property in Quebec. The Rouyn-Noranda, Quebec-based company said on Thursday that work has begun on stripping several areas of the property and a drill program has commenced to test the 450 Gold Zone. Previous exploration work at the 450 zone returned results of up to 7 grams per ton gold over 9.5 metres.

Great Panther Mining Ltd (TSE:GPR) (NYSEAMERICAN:GPL), the intermediate intermediate precious metals producer, offers investors favorable growth and leverage to  the firming gold price, according to analysts at Noble Capital, who have raised estimates for the company. In their latest note, the brokerage's analyst also reiterated an 'outperform' rating on Great Panther stock with a target price of US$1.75 per share - more than double where they are now at US$0.71.

Biocept Inc (NASDAQ:BIOC), a liquid biopsy provider, announced Thursday that it has been awarded a patent in South Korea for its Switch-Block technology used in detecting rare cancers associated with mutations. In a statement, the San Diego-based company said the patent provides intellectual property protection for the Switch-Blocker technology, which is core to Biocept's Target Selector assays for molecular analysis. Biocept said the technology has already won patents in the US, Europe, China, Japan and Australia.

RYAH Medtech Inc has established a foothold Down Under by reaching a distribution agreement with Cannatrak Medical Pty Ltd, a licensed medical cannabis company in Australia. The deal will see RYAH provide its signature dose-measuring dry herb vaporizers and cartridges to Cannatrek, which will fill them with its proprietary strains and distribute them to patients. 

ImmunoPrecise Antibodies Ltd (CVE:IPA) (OTCMKTS:IPATF) has appointed industry veteran Brian Lundstrom to its board of directors, the company announced Thursday. Trained in immunology and international business, Lundstrom has over 30 years of experience with a focus on antibody therapeutics, according to a company statement.

Universal mCloud Corp (CVE:MCLD) (OTCMKTS:MCLDF) announced Thursday that it is on track to exceed 40,000 connected assets by the end of 2019. The Vancouver-based artificial intelligence and analytics company said that it is seeing rapid uptake of its AssetCare platform among oil and gas and wind energy clients. mCloud also said that it is seeing good progress in China, with strong growth in commercial spaces, retail stores, banks and shopping centres.

BevCanna Enterprises Inc (CSE:BEV) (OTCMKTS:BVNNF) has struck a deal with private firm Higharchy Ventures Ltd to make and launch cannabis beverages for sale in Canada amid the potential legalization of the drinks in the country this month.  Infused beverages with cannabis or CBD are expected to be legalized in Canada in October 2019. BevCanna will manufacture Higharchy’s beverage-related brands, including both in-house and established brands, while it will also be a preferred supplier through Higharchy’s cannabis retail holdings where regulations permit.

Exactus Inc (OTCMKTS:EXDI) has launched a new e-commerce platform with an emphasis on high-quality, traceable hemp products.  To prove it is serious, the company said it is offering a buyback of any product that isn’t fully traceable. The new site, exactushemp.com, offers the company’s Green Goddess Extracts brand of CBD products for direct-to-consumer and wholesale purchases. The line of products includes sublingual tinctures, variables, concentrates, topicals and smokable hemp flowers.

NexTech AR Solutions Corp ​(OTC:NEXCF) ​(​CSE:NTAR) released results for its fiscal year 2019 on Thursday, and told investors that the company is targeting tenfold growth in 2020. For the year ended May 31, the augmented reality company brought in just over $2 million in revenue and $584,007 in gross profit, according to a statement. The company says revenue is only going to increase from here. NexTech said it expects to be cash-flow positive by the fourth quarter of the 2019 calendar year and expects revenue to increase tenfold in 2020.

EuroLife Brands Inc (CSE:EURO) (OTCMKTS:CANVF) has had a busy quarter, with new acquisitions and high-level board appointments in the first few months of the cannabis company’s new brand identity. The Toronto-based company is on a mission to become a leader in the consumer packaged goods (CPG) cannabidiol (CBD) market, with a focus on Europe and South America. EuroLife’s COO Steve Loutskou told investors on Thursday that the company is exploring further opportunities to expand its business globally.

Osino Resources Corp (CVE:OSI), the Namibia-focused gold explorer, unveiled further encouraging exploration results from its Twin Hills gold project, part of its flagship Karibib project. The company said bedrock sampling, which involves drilling through a calcrete cover to the bedrock beneath, has resulted in the definition of two new gold prospects at Clouds and Barking Dog. These prospects lie between 1 and 4 km along strike to the east of the Twin Hills Central discovery, the Vancouver-headquartered firm said in a statement.

Nabis Holdings Inc (CSENAB) (OTCMKTS:NABIF) said wealth management and brand specialist Richard Dolan will be joining the company as vice-president of investor relations. "We are thrilled to welcome Richard to the Nabis team. He brings a unique perspective to the business with his extensive experience in wealth management as well as success as an influential author, coach and speaker. Richard will be incredibly valuable in spreading the Nabis message to the investment community,” Shay Shnet, the CEO and director of Nabis, told investors.

Orsu Metals Corporation (CVE:OSU) said on Thursday it had discovered new gold veins at its flagship Sergeevskoe project in Russia.  The company has outlined more than 10 new gold-mineralized veins within a 475 metre (m) by 300 m area at the Peak Klyuchi domain, it said.  "The discovery of new gold mineralization at Peak Klyuchi domain once again highlights a possibility for growth at Sergeevskoe," said the resource firm's executive chairman Dr. Sergey Kurzin.

American Manganese Inc. (CVE:AMY) revealed Thursday that the company’s independent contract lab, Kemetco Research, has begun testing third-party lithium-ion battery materials, following the successful testing of the pilot plant project’s fifth and final stage, announced on September 17, 2019. In a statement, the firm said the third-party materials are disassembled end-of-life lithium-ion batteries and manufacturing scrap cathode sent from Asia, North America, and Europe.

Atlas Engineered Products (CVE:AEP) (OTCMKTS:APEUF) revealed that it has made the final $100,000 installment payment due to the former shareholders of South Central Building Systems (SC), which was acquired by the company in March 2019. The firm said three former SC shareholders elected to receive their pro rata share of the final installment payment in AEP common shares as provided for under the previously announced terms of the SC acquisition. As a result of this election, a total of 225,000 AEP common shares were issued to former SC shareholders. AEP CEO Dirk Maritz commented: "South Central is a best in class operation with efficient automation which has already shown capacity to increase output and product lines since the acquisition.” He added: “We continue to serve a loyal and growing customer base in Southern Manitoba and look forward to potential entry into markets in Minnesota and North Dakota."

Marrone Bio Innovations Inc. (NASDAQ:MBII), an international leader in sustainable bioprotection and plant health solutions, today announced that its management has been invited to present at the MicroCap Rodeo Investment Conference in Austin, Texas on Tuesday, October 15, 2019. The firm said Pam Marrone, its CEO and founder will host one-on-one meetings throughout the day and is scheduled to present at 10:55am Central time at the Hilton Austin, 500 E 4th Street.

Nerds On Site Inc. (CSE:NERD) (OTCMKTS:NOSUF), a mobile IT solutions company servicing the SME marketplace, announced that the company will be hosting an investor call with its CEO Mr. Charles Regan today, reviewing year end results and focusing on continued growth in the USA and Canada. The group said the investor call will take place on Thursday, October 3rd 2019 beginning at 4pm Eastern time.

GSRX Industries Inc. (OTCMKTS:GSRX) said today that Andrew Alvis has resigned his position as chief operating officer of the company with immediate effect. GSRX became a subsidiary of Chemesis International Inc. (CSE:CSI) (OTCMKTS:CADMF) after the firm completed its acquisition of a majority holding in the company at the end of August.

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