NA Proactive news snapshot: Arizona Silver, CytoDyn, American Battery Metals, Carube Copper UPDATE …

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

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Arizona Silver Exploration Inc (CVE:AZS) (OTCMKTS:AZASF) is about to begin a 3,000 metre drill campaign at its Philadelphia precious metals project. The Vancouver-based explorer said Wednesday that it had signed a contract with Harris Exploration Drilling to conduct the program. Drill crews plan to mobilize on February 1, with drilling expected to begin during the week of February 3, according to the company.

CytoDyn Inc (OTCMKTS:CYDY) announced that CEO Nader Pourhassan will give a presentation during Wall Street Reporter’s “NEXT SUPER STOCK Live” conference on Thursday. The late-stage biotechnology company responsible for the versatile product candidate leronlimab will present a comprehensive overview of the Company’s clinical, regulatory and commercialization priorities at 12:30 pm ET (9:30 am PT) on January 23.

American Battery Metals Corporation (OTCMKTS:ABML) announced Wednesday that it has joined NAATBatt International, a trade association of developers, manufacturers, suppliers and users of battery technology in North America. The organization is made up of more than 100 member companies around the world in the fields of vehicle technology, renewable energy, light aviation, maritime propulsion systems, robotics, weapons systems, medical devices, consumer electronics and the Internet of Things.

Carube Copper Corp (CVE:CUC) announced the insider buys and finders fees from its non-brokered $2.5 million private placement that closed Friday. CEO Stephen Hughes bought 700,000 of the total 50.1 million common shares at a price of $0.05 per share. AJM Investco Pty Ltd, acting as a trustee for Chairman Anthony Manini’s Manini Family Superannuation Fund, bought 2.2 million; and Lemae Pty Ltd, acting as a trustee for Director Lulezim Meka’s Lemae Investment Trust purchased 2 million. PI Financial Corp received a finders fee of $1,200 and 24,000 purchase warrants, and Haywood Securities Inc got $48,660 and 973,200 warrants. The warrants are exercisable at a price of $0.05 for the next two years.

Capstone Turbine Corporation (NASDAQ:CPST) announced Wednesday that it has secured an order for a Capstone C400 Signature Series (C400S) microturbine for a leading gelatins and collagen peptides manufacturer in Germany. The order was won by E-Quad Power Systems GmbH, Capstone’s distributor in Germany, and is the 20th microturbine system sold in the last nine months as the German combined heat and power (CHP) market continues to rebound. The latest C400S microturbine CHP project will be installed at a large manufacturing plant in Germany and be fueled by high-pressure natural gas. The microturbines will be used to reduce on-site energy costs and help lower overall plant CO2 emissions.

US-focused 1933 Industries Inc (CSE:TGIF) (OTCMKTS:TGIFF) updated Wednesday on progress developing its hemp customized processing lab in Las Vegas, which will reduce costs and place the company as market leader in a fast-growing cannabis industry sector. The system has been designed to extract CBD oil with an average efficiency rate of 2.3 times greater than the current industry standard, cutting costs by at least 50%, the firm said in a statement. The facility lies next to 1933's current cultivation facility in Las Vegas and the 12,160 sq ft existing building has received the necessary approvals for new zoning and permitting for hazardous materials.

OTC Markets Group Inc (OTCMKTS:OTCM) said Wednesday that regional US commercial bank InBankshares Corp (OTCMKTS:INBC) shares commenced trading on the OTCQX Best Market.The bank, which was previously privately held, serves the Denver metro area, southern Colorado and northern New Mexico. InBankshares Corp CEO Ed Francis called the listing an exciting opportunity for shareholders. “OTCQX has provided us with the right platform at the right time to provide liquidity in our stock and enable investors to be a part of our continued growth," Francis said in a statement. “We are on course to become the premier business bank in the Denver Metro Area allowing us to build significant value in the marketplace for clients and investors."

CleanSpark Inc (OTCMKTS:CLSK), the software developer, will begin trading on the Nasdaq under the ticker CLSK at the opening of trade on January 24. “This up-listing to Nasdaq is a major corporate achievement reflecting growing momentum and financial performance throughout 2019,” said Zachary Bradford, CEO of CleanSpark. “We are continuing to leverage our software portfolio and cutting-edge products throughout the distributed energy market and positioning the company for continued revenue growth in 2020 and beyond.” Based in Bountiful, Utah, CleanSpark develops software to help companies become more energy efficient. The company’s microgrids monitor energy rates continuously in 15-minute cycles, tapping the least expensive source.

American Battery Metals Corporation (OTCMKTS:ABML) announced Wednesday that it has joined NAATBatt International, a trade association of developers, manufacturers, suppliers and users of battery technology in North America. The organization is made up of more than 100 member companies around the world in the fields of vehicle technology, renewable energy, light aviation, maritime propulsion systems, robotics, weapons systems, medical devices, consumer electronics and the Internet of Things.

BevCanna Enterprises Inc (CSE:BEV) (OTCMKTS:BVNNF), a manufacturer of cannabis-infused beverages, revealed that the company’s participation in the Lift & Co expo was “a rousing success”, with consumers experiencing the first taste of the newly-launched Anarchist Mountain and Grüv beverage lines. Over 18,000 samples were served and consumers were pleased the drinks were calorie, carbs and sweetener-free. "We're thrilled with the consumer response to Grüv and Anarchist Mountain," said Emma Andrews, chief commercialization officer at BevCanna. The company said its Grüv and Anarchist Mountain drinks are expected to be available in licensed dispensaries in summer 2020.

LiteLink Technologies Inc (CSE:LLT) (OTCMKTS:LLNKF) subsidiary uBUCK Technologies SEZC is entering the gaming world thanks to a new agreement for its digital wallet, Streambucks.The fintech company signed an agreement with online gaming platform Good Gamer Corp to make Streambucks the exclusive digital wallet for the GoodGamer.gg application, it said on Wednesday. Streambucks will become the first digital wallet in the world designed specifically to the gaming industry, according to uBUCK.

EnWave Corporation (CVE:ENW) (OTCMKTS:NWVCF) has signed a joint development agreement with a German maker of freeze-dry units to accelerate the potential commercialization of its Radiant Energy Vacuum technology. The new JD agreement with GEA Lyophil GmbH -- which manufacturers and markets its freeze-dry units to the pharmaceutical and biotech industries -- extends an earlier deal struck between the two companies. EnWave now hopes to find an interest for its proprietary vacuum technology for the precise dehydration of organic materials in the pharmaceutical industry, according to a statement Wednesday. The company had signed a collaboration and license option agreement with GEA Lyophil in July 2018 and the two parties have been working closely with EnWave’s existing pharmaceutical partner since that time to discuss and strategize the next steps of development towards prospective commercialization.

Surge Holdings Inc (OTCMKTS:SURG), which provides financial and telecom services, has tapped Tod Farnan as its national sales director. Farnan got his start as a survival and rescue specialist with the US Air Force and later went on to work as an area vice-president and a small business consultant for Bank of America Merchant Services. On top of this, he also served as a sales director and worked on developing a credit-card application division with Target, K-Mart and the home-improvement store Menards. 

Seelos Therapeutics Inc (NASDAQ:SEEL), the biotech company, has won a crucial advance in its development plans in Europe and the US for trehalose (SLS-OO5), its investigational molecule, which takes aim at a number of neurodegenerative diseases. The New York company has succeeded in setting up a meeting in March this year with the European Medicines Agency to seek scientific advice and assistance for a clinical study in Europe of trehalose, to assess its effectiveness in treating patients with Type A and B versions of Sanfilippo syndrome, a rare childhood disorder that triggers fatal brain damage.

NexTech AR Solutions Corp (CSE:NTAR) (OTCMKTS:NEXCF), the augmented reality company, announced Wednesday that it’s gearing up to launch a virtual reality division called VRitize. The new division will work hand-in-hand with its ARitize counterpart, utilizing many of the same 3D assets created for augmented reality, now as part of an immersive “v-commerce” experience that takes place in-store.

Ximen Mining Corp (CVE:XIM) (OTCMKTS:XXMMF) told investors it plans to extract a bulk sample this year from the formerly producing Kenville gold mine and carry out diamond drill exploration at its Brett epithermal gold property - both in British Columbia. Kenville, acquired by the firm last year, in the West Kootenay region, has reportedly produced 65,236 oz gold from 158,842 tonnes processed, and 27,686 ounces of silver intermittently between 1889 and 1956. Ximen wants to develop a new 1,200-metre decline and do underground drilling. Once this is underway, it will extract a bulk sample for offsite processing, the firm said Wednesday. On Brett, it said: "In 2019, Ximen initiated a permit to extend the underground workings and do diamond drilling to further define the main zone and explore parallel zones. This program is expected to be started this year."

Codebase Ventures Inc (CSE:CODE) (OTCMKTS:BKLLF), a venture capital company investing in early-stage technology and cannabis companies, said that it is focusing on mental health treatments exploring new frontiers of mushrooms and psychedelics. "On behalf of shareholders, CODE is dedicated to advancing its existing investments and adding to them in innovative and emerging sectors where early-stage investments have the potential to deliver significant returns," said Brian Keane, a director in Codebase Ventures. The company is actively looking for investment opportunities at the forefront of the mushroom and micro-dosing psychedelic space. Psilocybin therapy is showing signs in early studies of helping patients with treatment-resistant depression to anxiety and addiction.

CytoDyn Inc (OTCMKTS:CYDY), a late-stage biotechnology company, revealed additional “promising results” Wednesday from its clinical trials evaluating its lead drug leronlimab (PRO 140) for the treatment of metastatic triple-negative breast cancer (mTNBC) and metastatic breast cancer (MBC). In a statement, the company said that new data from the first patient enrolled in the company’s metastatic triple-negative breast (mTNBC) Phase 1b/2 trial continues to show “no detectable levels of circulating tumor cells” in the peripheral blood following “15 weeks of treatment with leronlimab in combination with carboplatin.”

Lexaria Bioscience Corp (CSE:LXX) (OTCMKTS:LXRP) has reached an expanded definitive agreement with Cannadips Cannabis to provide its patented DehydraTECH drug delivery technology to the cannabis punch and dip producer. The new deal encompasses Cannadips’ current presence in the California market as well as potential expansions into other US states.

Empower Clinics Inc (CSE:CBDT) (OTCMKTS:EPWCF) saw triple-digit increases inpatient visits during the fourth quarter of 2019, the company said Wednesday. Patient visits in corporate clinics increased by 351% over the quarter compared to the same period a year ago, with total visits coming in at just over 4,600. The new numbers indicate strong, consistent year-over-year growth in patient traffic in each of the months of October, November and December 2019, Empower told shareholders.

Gold Resource Corporation (NYSEAMERICAN:GORO) announced Wednesday preliminary 2019 consolidated year-end and fourth-quarter production results, noting it achieved record gold production. In a statement, the miner said it produced a record 40,318 gold ounces and produced 1,732,604 silver ounces in 2019, which met annual gold and silver production target ranges.  

FSD Pharma Inc (NASDAQ:HUGE) (CSE:HUGE) has beefed up its board with the appointment of Dr Larry Kaiser, who brings with him "decades of academic and senior executive experience in medicine and the delivery of healthcare in the United States".  He becomes a director of the company with immediate effect.

MGX Renewables Inc, which is now doing business as Zinc8 Energy Solutions (CSE:MGXR), said it has arranged a non-brokered private placing to raise up to C$3 million gross, to be used for general working capital.  The firm will issue up to over 27.2 million units at a price of C$0.11 each, while the private placement announced in September last year will not proceed, it said in a stock market statement. Each unit will consist of one share and one transferable share purchase warrant. The warrants are exercisable for two years at C$0.155 each in the first year from issue and at C$0.40 each for the remainder of the term.

Bragg Gaming Group Inc. (CVE:BRAG) (OTCMKTS:BRGGF) has announced Mark Munger’s resignation from its board of directors, effective August 2, 2019.

IEC Electronics Corp. (NASDAQ:IEC) has announced that it will host a conference call on Wednesday, February 5, 2020 at 10.00am Eastern Time, to discuss its financial results for the fiscal first quarter of 2020, ended December 27, 2019.

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