leadf
logo-loader

NA Proactive news snapshot: Cloud Nine Education, Gold Resource Corp, Nano One Materials UPDATE …

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

Newspapers and coffee cup
Your daily round-up from the world of Proactive

Cloud Nine Education Group Ltd (CSE:CNI) has granted incentive stock options, pursuant to its rolling stock option plan, to certain directors, officers, employees and consultants of the company. An aggregate of 240,000 of the options have been granted to insiders of the company. The options are exercisable at 12 cents each for a period of five years, expiring on October 25, 2024. The grant of options is subject to acceptance by the Canadian Securities Exchange. 

Nano One Materials Corporation’s (CVE:NNO) (OTCMKTS:NNOMF) patented technology for the low-cost production of high-performance lithium-ion battery cathode materials could lower manufacturing costs for batteries, alphaDIRECT Advisors says. Shawn Severson, founding partner of the investor-intelligence firm, issued a report on Nano One’s corporate structure and the world-wide lithium-ion cathode industry, among other issues. “With the industry driving for lower costs and higher power densities, battery materials are a key consideration,” he wrote. “With the cathode accounting for approximately 27% of the cost of a lithium-ion battery, we believe Nano One is uniquely positioned to enable battery manufacturers and material suppliers to lower costs through a new and innovative cathode processing technology.”

Gold Resource Corporation (NYSEAMERICAN:GORO) will hold a third-quarter earnings conference call on October 30 at 11 am ET. CEO Jason Reid will host the call. Topics of discussion will include quarterly results and an update on current operations. The call will be recorded and posted to the company’s website in three to five business days from recording. Gold Resource is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada. The company has returned $112 million to its shareholders in consecutive monthly dividends since July 2010 and offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

Ventura Cannabis and Wellness Corp (CSE:VCAN) boosted its revenue and cash base in its second-quarter, thanks to strong cannabis sales from a broader product offering. The pot company posted revenues of C$402,000 for the quarter ended August 31, a 341% increase from its first-quarter revenue of C$92,000. It ended the quarter with over C$4.5 million in cash after divesting most of its addiction services assets as the company transitions to a pure-play cannabis operator.

Agile Therapeutics Inc (NASDAQ:AGRX) CEO Al Altomari said Monday that the women’s healthcare company was preparing for commercialization in the event that its lead product candidate, Twirla, an investigational prescription contraceptive is approved. In a statement accompanying the Princeton, New Jersey-based women’s healthcare company’s latest numbers, Altomari said: “The third quarter of 2019 was another productive quarter for the company. We raised much needed cash to fund our business and allow us to reactivate Corium to prepare for commercialization in the event that Twirla is approved and to accomplish other precommercial activities.”

GlobeX Data Ltd (CSE:SWIS) is launching its suite of secure data management and secure communication via a preferred cybersecurity partner covering Ethiopia and other regions of Africa, the company announced Monday. The preferred partnership has been signed between GlobeX and Rockland Overseas Offshore SAL, a multi-industry conglomerate operating in 16 countries with 15 operational offices and over 1,000 employees globally, it said in a statement.

eWellness Healthcare Corporation (OTCMKTS:EWLL), the pioneer in physical therapy (PT) telehealth treatments, is shaking up its business with the introduction of a new MSK 360 treatment platform to address musculoskeletal diseases.  The California company, which provides PT treatments via smartphones and laptops, has launched a new arm of its business – which aims to offer sessions to those with musculoskeletal disabilities affecting the joints, bones and muscles.

1933 Industries Inc (CSE:TGIF) (OTCMKST:TGIFF) has chosen November 4 to launch its latest product: the Birdhouse CBD Balm by Canna Hemp X. The CBD balm, developed through a collaboration with Tony Hawk-founded Birdhouse Skateboards, is designed to target the active sports market and will be sold at dispensaries, wellness stores, skate shops and US specialty retailers such as Zumiez. The sports world is rapidly embracing the use of CBD as a means of improving performance and recovery, the company said.

Dyadic International (NASDAQ:DYAI), the Florida biotech company, has struck a deal to collaborate with a leading animal health company to advance the development of its proprietary C1 expression technology for the treatment of farm animal diseases.  Under the deal’s terms, Dyadic will allow its new undisclosed partner to evaluate a trio of different types of proteins from its patented C1 gene expression platform for possible use in the company’s research and business projects.

Auryn Resources Inc (TSE:AUG) (NYSEAMERICAN:AUG) announced Monday that initial rock sampling results from its recently-acquired Sambalay and Salvador concessions at its 11,000-hectare Curibaya project in southern Peru revealed high-grade mineralization of gold and silver. The results, which were pulled from a 1.5 kilometer by 3 kilometer area, included more than 20 samples with more than 200 grams of silver per ton (g/t) and multiple results above 15,000 g/t silver and as much as 7.67 g/t gold.

Ipsidy Inc (OTCMKTS:IDTY) has expanded its Identity-as-a-Service (IDaaS) across both Apple (NASDAQ:AAPL) and Android platforms. The company’s suite of mobile biometric apps feature facial biometric proofing, digital identity document checks, physical access management, keyless locks and geo-location attendance and workforce management. For instance, thanks to expanded support for near-field communication in Apple’s iOS 13, the company has expanded its Proof by Ipsidy offering, a mobile identity verification solution using government-issued credentials and real-time biometrics.

Ventura Cannabis and Wellness Corp (CSE:VCAN) boosted its revenue and cash base in its second-quarter thanks to strong cannabis sales from a broader product offering.  The pot company posted revenues of C$402,000 for the quarter ended August 31, a 341% increase from its first-quarter revenue of C$92,000. It ended the quarter with over C$4.5 million in cash after divesting most of its addiction services assets as the company transitions to a pure-play cannabis operator.

Telson Mining Corporation (CVE:TSN) (OTCMKTS:SOHFF) has revealed that, with improving market prices for zinc and good relations with the local community, it will be renewing mining operations at Campo Morado in Mexico. Campo Morado is a polymetallic base metal project in the state of Guerrero, Mexico, which has mining and milling equipment capable of producing up to 2,500 tonnes per day. Four months after purchasing Campo Morado, Telson brought the mine back into operation initiating pre-production in October 2017. It declared commercial production in May 2018, operating the mine continuously for 22 months until August 2019 when operations were stopped as a result of declining zinc prices.

Enertopia Corporation (CSE:TOP) (OTCMKTS:ENRT) announced Monday it has signed a letter of intent with Eagle Plains Resources Ltd (CVE:EPL) (OTCMKTS:EGPLF) to earn up to a 75% interest in the 7,000-hectare Pine Channel high-grade gold project in northern Saskatchewan, Canada. Eagle Plains will be the operator of the property which is considered to have significant potential to host orogenic gold mineralization.

Dunnedin Ventures Inc (CVE:DVI) is kicking off a new drill program at its MPD project in British Columbia to test two zones that previously revealed significant gold and copper mineralization. The Vancouver-based junior is planning to drill 1,500 metres at the Prime Zone and the Man Zone, where historic exploration uncovered high gold values on the property. Previous drilling at Prime in 2013 returned results of 24.6 metres of 0.3% copper and 0.07 grams per ton (g/t) gold and 12 metres of 0.3% copper and 0.07 g/t gold nearly 450 metres apart.

DRDGOLD Limited (JSE:DRD) (NYSE:DRD), the South African gold producer, reported a 5% increase in gold production to 1,493 kilogram in output for the quarter ended September 30 compared with the three months to June. In a statement, the company attributed the rise primarily to a 4% increase in tonnage throughput to 7,155,000 tonnes as its Far West Gold Recoveries operation achieved a planned throughput of 500,000 tonnes per month from phase 1 and successfully started operating its mills at the beginning of September.

Nabis Holdings Inc (CSE:NAB) (OTCMKTS:NABIF) announced Monday it has completed the acquisition of 100% of the membership units of Perpetual Healthcare Inc. The acquisition, previously announced on August 12 and October 16, included Arizona-based Emerald Phoenix, a licensed medical marijuana dispensary and Infusion Edibles, a popular cannabis-infused snack and beverage brand. “This closing marks a critical milestone to our expanding reach in Arizona’s strong limited-license, medical cannabis market,” said Nabis CEO Shay Shnet in a statement. Acquiring 100% of the membership units of Perpetual Healthcare cost Nabis US$15 million (C$19.65 million.

Orgenesis Inc (NASDAQ:ORGS), a cell and gene therapy company, will present at the Dawson James Securities 5th Annual Small Cap Growth Conference being held on October 28-29 at the Wyndham Grand Hotel in Jupiter, Florida. CEO Vered Caplan is scheduled to present at 2:50 pm ET on October 29. He will also meet one-on-one with investors throughout the conference.

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of 1933 Industries Inc. named herein, including the promotion by the Company of 1933 Industries Inc. in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Mandalay Resources latest drilling shows impressive results from Youle...

Mandalay Resources (TSE: MND-OTCQB: MNDJF) President and CEO Dominic Duffy joined Steve Darling from Proactive with news the company has seen some very strong numbers from the latest drill results on the Youle Deposit at their Costerfield Project. Duffy telling Proactive the numbers returned...

2 days ago

8 min read