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NA Proactive news snapshot: Aequus Pharmaceuticals, Thunderbird Entertainment, American Manganese, Energy Fuels UPDATE ...

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

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Aequus Pharmaceuticals Inc (CEV:AQS) (OTCQB:AQSZF) announced Monday that it has submitted new medical device license (MDL) applications to Health Canada for two Evolve dry eye products. Aequus and UK-based Medicom Healthcare entered into a license agreement in March 2019, granting Aequus exclusive rights to commercialize the Evolve product line in Canada. “Today marks an important milestone for Aequus, as these are our first licensed products we submit to Health Canada as an organization, versus partnered products we support with promotional efforts only,” said Aequus CEO Doug Janzen in a statement.

Thunderbird Entertainment Group Inc (CVE:TBRD) (OTCMKTS:THBRF) is celebrating after its series Molly of Denali won the 2020 Television Critics Association award for Outstanding Achievement in Youth Programming. The Canadian production firm congratulated the entire cast and crew of the children’s television series in a statement, calling it a “groundbreaking” animated program – the first nationally broadcast to feature a Native American lead character. "Molly is an authentic voice, and the series has become renowned for its representation and inclusion. To be acknowledged by the TCA, an organization that has been helping curate the best content on television for decades, is a tremendous honour and a testament to the incredible talent and dedicated partnerships behind this production," said Jennifer Twiner McCarron, Thunderbird’s CEO.

American Manganese Inc (CVE:AMY) (OTCMKT:AMYZF) announced plans Monday to undergo a non-brokered private placement worth as much as C$2 million to fund the completion of its battery recycling pilot plant. The company intends to offer units at a price of C$0.24 per unit, each of which will consist of a common share and a purchase warrant. The warrants will be exercisable at a price of C$0.30 per share for a period of two years, the company said. The proceeds will be primarily used to finish the pilot plant, spin-out some gold/copper assets and rare earth mineral property, as well as for general working capital.

Energy Fuels Inc (NYSEAMERICAN:UUUU) (TSX:EFR), the largest uranium mining company in the US, announced Monday that the US Department of Commerce has obtained Russia's agreement to extend limits on uranium imports into the US from Russia through 2040 under an extended Russian Suspension Agreement. The company said this is an important step toward maintaining the long-term health of the US uranium mining industry, especially since the expiration of the RSA at the end of 2020 could have resulted in unlimited Russian uranium imports into the US. Energy Fuels said the Commerce Department won important concessions from Russia, including lower quotas starting in the mid-2020's, allowing only a portion of the quotas to be used for the sale of U3O8 and conversion into the US, and strict controls on Russian enrichment service contract. 

Golden Arrow Resources Corporation (CVE:GRG) (OTCQB:GARWF) told investors that fieldwork is now underway at its recently staked Rosales copper project in Region III in Chile. "It's very exciting to have boots on the ground for the first time at our new Rosales project, particularly as we see the price of copper continuing its upward trend over the $3.00 mark," noted Brian McEwen, Golden Arrow's vice-president of exploration and development, in an exploration update on Monday. Rosales spans 1,450 hectares and lies 90 kilometres (km) from the mining centre of Copiapo. It is already home to priority target areas, which are characterized by zones of near-surface copper stockwork mineralization, including the Margarita Trend target and the NW target.

BioSig Technologies Inc (NASDAQ:BSGM), a medical technology company, announced Monday that an abstract related to the company’s PURE EP electrocardiogram technology co-authored by its CEO has been accepted for presentation at the 2020 Computing in Cardiology conference (CinC) this week. The manuscript, titled, “Computational Reconstruction of Electrocardiogram Lead Placement” presents a method for computationally reconstructing the spatial placement of electrocardiogram (ECG) leads (graphical representations of electrical activity in the heart) using only correlations between their recorded signals and without requiring any external calibration or prior knowledge, the company said.

Alpine 4 Technologies Ltd (OTCQB:ALPP), which owns and operates small market businesses, announced Friday that its subsidiary Quality Circuit Assembly (QCA) is expected to report third quarter revenue between $2.8 million and $3 million — its strongest quarter yet. The company attributes the anticipated increase to the addition of new technology customers who have been able to help counteract the effect the coronavirus pandemic has had on some of QCA’s longtime customer base. If correct, that revenue would represent a 35% increase over both the first and second quarter.

Matinas BipPharma Holdings Inc (NYSEAMERICAN:MTNB) revealed that it has appointed Natasha Giordano to the company’s board as an independent director and a member of the audit committee. The Bedminster, New Jersey-based biopharmaceutical company said Giordano brings over 25 years of experience in healthcare. She has held senior leadership positions and board director roles in several pharma companies. She has served as president, CEO, and director of PLx Pharma Inc since January 2016. Previously, she served as the president and CEO of both ClearPoint Learning Inc and Healthcare Corporation of America. From June 2009 to August 2012, Giordano served as the chief operating officer and then CEO and director of Xanodyne Pharmaceuticals Inc. Giordano said she is “extremely pleased” to join the Matinas team at an "exciting time” with "important clinical and strategic milestones" expected over the next few quarters.

MegumaGold Corp (CSE:NSAU) (OTCMKTS:NSAUF) announced Monday it has completed its acquisition of Nova Scotia-focused Osprey Gold Development Ltd (CVE:OS) in an all-paper deal. The deal consolidates highly prospective ground in Nova Scotia by combining Osprey’s historically producing projects with the underground exploration ground owned by Meguma, creating a leading precious metals explorer in the Canadian province. Meguma CEO Theo Van der Linde told shareholders that the company is executing on its plan of consolidating assets in an “up and coming” gold district.

Japan Gold Corp (CVE:JG) (OTCQB:JGLDF) revealed it had increased its ground at one of the projects under its exploration alliance with mining titan Barrick Gold Corp (NYSE:GOLD). The Japanese government has approved ten new prospecting rights covering extensions to the Gumyo project in the Hokusatsu region on the island of Kyushu. Japan Gold's portfolio now comprises 186,270 hectares of prospective ground across five of Japan's major gold provinces on the three main islands of Kyushu, Hokkaido and Honshu.

GR Silver Mining Ltd. (CVE:GRSL) (OCTQB:GRSLF) has provided the results of its annual general meeting of shareholders held on September 11  in Vancouver. All the motions presented to the shareholders were approved. Each of the six nominees proposed as directors were elected as directors. The company welcomes Jonathan Rubenstein and Laura Diaz to its board. Rubenstein practiced law for 18 years and held a number of mining director positions during that time. Diaz, a lawyer in Mexico City, Mexico, and serves as a mining project advisor in the areas of production, exploration and development.

BioSig Technologies Inc (NASDAQ:BSGM), a medical technology company, will host a call and webcast at 11 am ET on Tuesday to discuss the results from the clinical study of the company's PURE EP 2.0 system. PURE EP is a computerized system that acquires, measures, amplifies and stores the electrocardiographic and intracardiac signals of patients undergoing electrophysiology procedures. Interested parties can call in at 1-877-407-8293 or watch the webcast at https://event.webcasts.com/starthere.jsp?ei=1369137&tp_key=cbdbc3a4b8. A replay will be available for two weeks, which can be accessed by dialing 877-660-6853 in the US and entering the ID# 13709732.

Falcon Gold Corp (CVE:FG) (OTCPINK:FGLDF) revealed new assay results from the Central Canada gold mine project in the Atikokan region of northwest Ontario. Each of the three holes drilled by Falcon, along with three historical drill holes completed in 2012 by TerraX Minerals, intersected the gold mineralized zone, according to the Vancouver-based firm. Two holes drilled by Falcon earlier this summer to the west of the historic mine shaft on the property confirmed the high-grade mine trend for around 75 metres of strike length southwest of the shaft.

African Gold Group (CVE:AGG) said it has kicked off a phase three drill program at its flagship Kobada Gold project in southern Mali in a bid to increase resources there. The 10,000 metre (m) program, comprising around 160 holes, will use reverse circulation (RC) and diamond drilling and the aim is to upgrade the current 575,000 ounces (oz) in the inferred oxide resource category to the higher confidence measured and indicated (M&I) with an eye on defining a 1 million ounce (Moz) reserve.

NetCents Technology Inc (CSE:NC) (OTCQB:NTTCF), a leading cryptocurrency payments technologies company, revealed on Monday that it exceeded $5 million in transactions within the NetCents platform in August, a 25% jump over July. "We believe that this record growth not only validates our sales and marketing strategy with a focus on business-to-business (B2B) merchants, but is a strong indication that we are fast becoming the payment platform of choice for cryptocurrency," NetCents founder CEO Clayton Moore said in a statement. "Our rapid growth coupled with our product advancements indicate that 2020 will be an exceptional year. I'm thrilled to continue building the future of cryptocurrency payments with our team," he added.

Gungnir Resources Inc (CVE:GUG) (OTCPINK:ASWRF) (FRA:AMO1), the Sweden-focused metals explorer, revealed that Palisades Goldcorp Ltd, the new Canadian merchant bank, is set to invest in the resource group. In a statement, the firm said Palisades has agreed to purchase over 6.66 million units of the company at C$0.06 each for total gross proceeds of C$400,000. The shares closed in Toronto on Friday at C$0.08 each. The net proceeds will be used for continued exploration, including drilling at the firm's Knaften project, particularly the Knaften Gold zone and the company's two nickel resources -  Rormyrberget and Lappvattnet.

ImagineAR Inc (CSE:IP) (OTCQB:IPNFF) announced Monday that former Portland Trail Blazers CIO Chris Dill has joined the company as an advisor to the CEO. In a statement, the company said Dill will help take the ImagineAR platform solutions to professional sports teams and industry-leading vendors to enhance fan engagement and generate new revenue streams. Dill, who served as the professional basketball team’s CIO for over a decade, was the head of business development for Venuetize, a leading sports and venue mobile platform with major clients, including the Texas Rangers, LAFC, TD Garden and the Miami Dolphins.

Aurania Resources Ltd (CVE:ARU) (OTCQB:AUIAF) (FRA:20Q) told investors Monday that drilling had started at the Tsenken N2 copper-silver target at its Lost Cities - Cutucu project in Ecuador. "I'm delighted to report that drilling has started at the Tsenken N2 target. The man-portable rig was airlifted to the first drill platform by helicopter last week and drilling started on Sunday," said Dr Keith Barron, the chief executive of Aurania. "The light-weight rig has the capacity to drill to 800m (2,400 feet) so that each drill hole can test both cylindrical porphyry targets as well as enclosing sheet-like sedimentary-hosted copper-silver targets."

Phunware Inc (NASDAQ:PHUN) (FRA:2RJ), a fully integrated enterprise cloud platform for mobile, announced Monday it has won a multiyear contract to deploy its comprehensive Smart Workplace mobile app portfolio with Norfolk Southern Corporation (NYSE:NSC) (FRA:NFS).  Norfolk Southern, together with its subsidiaries, is a leading national rail transportation provider, operating about 19,500 route miles in 22 states and the District of Columbia, and serves every major container port in the eastern US. The Phunware Smart Workplace solution will give Norfolk Southern access to all of the features and capabilities provided by Phunware’s Multiscreen-as-a-Service (MaaS) platform on both Apple iOS and Google Android for its corporate campus environment. 

Royal Road Minerals Limited (CVE:RYR) (OTCMKTS:RRDMF) released the latest round of drill results from its Luna Roja gold project in Nicaragua that indicate a potential new mineralized zone on the property. Highlights from the six holes returned include drill hole LR-DDH- 30, which returned 95 metres (m) at 1.5 grams per ton (g/t) gold, including 45 m at 3 g/t, and LR-DDH-34 that returned 18 m at 1.1 g/t gold.

Atlas Engineered Products (CVE:AEP) (OTCMTS:APEUF) has announced the departure of its executive vice president, Brittany Ray-Wilks, effective from September 11, 2020. Mrs Ray-Wilks has been with AEP just prior to it going public in November of 2017.  AEP is not replacing this role at this time. AEP CEO & President Dirk Maritz commented:  "Brittany's impact at AEP has been extraordinary. Her vision and commitment to our people, as well as her unwavering leadership, has touched every aspect of our organization. We wish her every success in her future." AEP also announced that its annual general meeting will be held at the Suite 705, 595 Howe Street, Vancouver, British Columbia, V6C 2T5 on Wednesday, September 23, 2020, at 10.00am PST Shareholders of record as of the close of business on August 18, 2020, are entitled to attend and vote at the meeting in person or by proxy.  However, the company is urging shareholders to vote online and attend via teleconference to reduce exposure due to the coronavirus (COVID-19) pandemic.

Neo Lithium Corp (CVE:NLC) (OCTMKTS:NTTHF) (FRA:NE2) announced an C$8.5 million investment from a Chinese manufacturer of lithium-ion batteries for electric vehicles (EVs) as the junior continues to advance its 3Q project in Argentina - a high-grade lithium brine lake and salar complex in the 'Lithium Triangle'. A subsidiary of Chinese group Contemporary Amperex Technology (CATL) will subscribe for over 10.2 million shares in a placing at C$0.84 each for gross proceeds of C$8,582,702, said Neo Lithium. It gives CATL an 8% stake in the lithium miner.

Zynerba Pharmaceuticals Inc (NASDAQ:ZYNE) provided an update on Monday on its flagship product Zygel (ZYN002), a patent-protected CBD skin gel, which is being developed to treat a slew of rare neuropsychiatric disorders, including Fragile X syndrome (FXS) and developmental and epileptic encephalopathies (DEE) programs. The Devon, Pennsylvania-based company said that it has been notified that the US Food and Drug Administration (FDA) will meet with executives from the company via teleconference in the fourth quarter, to discuss the company’s pivotal CONNECT-FX data and the regulatory path forward in patients with Fragile X syndrome and a fully methylated FMR1 gene (FMet). Zynerba said it also expects to disclose the outcome of the meeting in the fourth quarter of 2020.

Humanigen Inc (OTCQB:HGEN) announced Monday its Phase 3 registration trial of lenzilumab in patients with COVID-19 was unanimously recommended for continuation without modification by an independent DSMB (data safety monitoring board) after a planned interim analysis. The DSMB, composed of independent subject matter experts, conducted a prespecified interim analysis after 50% of the expected recoveries were captured in the trial database, the company said in a statement.

Lord Global Corporation (OTCMKTS:LRDG) CEO Joseph Frontiere clarified to investors Monday that although the company is waiting for approval from the Financial Industry Regulatory Authority to change its name to 27 Health Holdings Corp, its stock ticker will remain the same going forward. In January, Lord Global invested in the publicly-traded company Bigfoot Projects Inc.(OTC:BGFT), took control of the board and sold 81% of the prior company’s business to its former CEO. From there, the company made a decision to operate out of its wholly-owned subsidiary, 27Health Inc. At present, Frontiere and Alexandra Aizenshtadt are the only members of the new company’s board but the plan is to augment the board with additional individuals, Frontiere said.

Starton Therapeutics Inc., a privately-owned clinical stage biotechnology powering continuous delivery of approved drugs for novel indications, has announced that Keith Darragh has joined the company as its chief financial officer, effective immediately. The company noted that Darragh is the former chief financial officer of Pharmacosmos Therapeutics Inc. and Eleison Pharmaceuticals LLC, where he led finance, administration, supply chain, and information technology and established the financial infrastructure to support clinical program advancement and product launch preparation.

Aftermath Silver Ltd. (CVE:AAG) (OTCQB:AAGFF) said it has closed its previously announced upsized non-brokered private placement of 26,362,442 shares for gross proceeds of $17,135,587. The group noted that renowned investor Eric Sprott has increased his investment in order to maintain 19.61% of Aftermath's issued and outstanding common shares.  The company said it intends to use the net proceeds for drilling and other technical studies on the Berenguela Silver-Copper project in Peru, and the Challacollo and Cachinal Silver-Gold projects in Chile, and for general working capital purposes.

Great Panther Mining Limited (TSX:GPR) (NYSEAMERICAN:GPL) has announced the publication of its first Sustainability Report highlighting the progress, initiatives and commitments in the areas of health, safety, environmental, social, and governance management. The 2019 Sustainability Report is available on the company's website, under Sustainability. Great Panther president and CEO Rob Henderson: "We are excited to release our inaugural sustainability report, Mining for Good, which demonstrates our progress and commitment to advancing sustainability programs, increasing transparency of our performance, and continuing dialogue on these crucial matters most relevant to the Company's stakeholders. While we have made significant progress, we also recognize there is much work to be done, and we are committed to doing so."

International Montoro Resources Inc. (CVE:IMT)(FRA:O4T1) has welcomed Mark Luchinski to its board of directors following the resignation of Roger Agyagos. Luchinski is an experienced board member, having served as an officer/ director of many TSX Venture listed issuers, starting his career with the Richard Hughes Group. He is well versed in corporate governance -compliance and the administration of publicly traded companies. Agyagos, had served on the group's board of directors since June 1998 and the company thanked him for years of contribution to the board, and wished him good health and luck in his future endeavors. The company also announced that it has granted 1,800,000 options to directors/officers & consultants at an exercise price of $0.10. The options are exercisable for three years.

Tocvan Ventures Corp. (CSE:TOC) (CNSX:TOC.CN) has announced the grant of 500,000 stock options to directors, officers, consultants, and employees pursuant to the terms and conditions of the corporation's stock option plan. The stock options are exercisable at $0.35 per share and will expire 5 years from the date of grant.

OTC Markets Group Inc. (OTCQX:OTCM), the operator of financial markets for over 11,000 US and global securities, has announced that Oxe Marine AB (STO:OXE) (OTCQX:CMMCF), a builder of commercial diesel outboard, has qualified to trade on the OTCQX Best Market and has today upgraded from the OTCQB Venture Market. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market from the OTCQB Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among US investors. "We are delighted to be moving up to OTCQX, after only trading on the OTCQB market in under a month. Our recent results and news flow have been encouraging and this has led to a more positive sentiment from Investors. Additionally, the upgrade to OTC market's top tier represents an advantage to investors and a step towards increasing the liquidity of our stock," said Myron Mahendra, CEO of OXE Marine AB.

IEC Electronics Corp. (NASDAQ:IEC) announced it has been selected to present at the fifth annual MicroCap Leadership Summit on Friday, September 25, 2020. The MicroCap Leadership Summit is a virtual event hosted by MicroCapClub. The IEC presentation will be made by Jeffrey Schlarbaum, IEC's president & CEO. The MicroCap Leadership Summit utilizes a small group format whereby the company will present to approximately 50 retail and institutional microcap investors throughout the day. For more information about the MicroCap Leadership Summit, investors can visit: http://microcapclub.com/summit/

Nuvo Pharmaceuticals Inc. (TSX:NRI) (OTCQX:NRIFF), a Canadian focused healthcare company with global reach and a diversified portfolio of commercial products, has announced Jesse Ledger, Nuvo’s President & chief executive officer and Kelly Demerino, Nuvo’s interim chief financial 7fficer will present live at LifeSciencesInvestorForum.com on September 17, 2020, at 1.30pm ET via the following link: https://bit.ly/30GjErk. This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

Willow Biosciences Inc. (TSX:WLLW, OTCQX:CANSF), the Vancouver, Canada based firm focused on manufacturing pharmaceutical grade quality cannabinoids via synthetic biology, has announced that Trevor Peters, its president and chief executive officer, will present live at LifeSciencesInvestorForum.com on September 17, 2020, at 2.30pm ET via the following link: https://bit.ly/30GjErk. This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

Life Sciences Investor Forum has announced the agenda for its quarterly event for public and private companies, investors and industry professionals from around the world. This day-long virtual event will showcase live presentations and interactive discussions focused on the life sciences industry from companues including VolitionRx Limited (NYSE AMERICAN:VNRX), Cardiol Therapeutics Inc. (OTCQX: CRTPF) (TSX:CRDL), XPhyto Therapeutics Corp. (OTCQB:XPHYF) (CSE:XPHY) (FRA:4XT), Nuvo Pharmaceuticals Inc. (OTCQX: NRIFF) (TSX: NRI) and Willow Biosciences Inc. (OTCQB:CANSF) (TSX:WLLW). Individual investors, institutional investors, advisors and analysts are invited to attend. The program opens at 9.15am ET on Thursday, September 17 with the first live webcast at 9.30am ET. Investors can register via the following link: https://bit.ly/3m5MTfY

Dyadic International Inc (NASDAQ:DYAI) announced Monday that the company will be presenting at a plethora of upcoming investor and industry events this month. CEO Mark Emalfarb and Chief Scientific Officer Ronen Tchelet will present at the following events: 3:30 pm ET September 14 — HC Wainwright 22nd Annual Global Investment Conference (Emalfarb); 10:10 am ET September 22 — BPI East (Tchelet); 1:45 pm ET September 23 — Sidoti & Company Conference (Emalfarb); 2:10 pm ET and 4:40 pm September 29, 4:20 pm September 30 and 3:05 pm October 1 — World Vaccine Congress (Emalfarb and Tchelet).

Innocan Pharma Corporation’s (CES:INNO) board of directors has agreed to amend the terms of certain common share purchase warrants held by Tamar Innovest Ltd. The warrants were issued on April 15, 2019 and consist of 13,981,916 warrants priced at US$0.1252 expiring April 15, 2021 and 2 million warrants priced at US$0.175 expiring August 15, 2021. The company and Tamar will amend the warrants as follows: to include a cashless exercise provision;to require the company to provide notice to Tamar in the event that the early exercise provision is triggered; to provide confirmation that as of the date of the amendments, the early exercise provision has not been triggered; to clarify the methodology to determine when the early exercise provision is triggered; and to extend the expiry dates of the warrants from April 15, 2021 and August 15, 2021 to April 15, 2023 and August 15, 2023, respectively.

Quick facts: African Gold Group, Inc.

Price: 0.2 CAD

TSX-V:AGG
Market: TSX-V
Market Cap: $29.79 m
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