NA Proactive news snapshot: ION Energy, Mirasol Resources, American Manganese, Lucky Minerals, Namaste Technologies, Water Tower Research, OTC Markets Group UPDATE...

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

Loop Insights Inc. - NA Proactive news snapshot: 
Your daily round-up from the world of Proactive

ION Energy (CVE: ION) virtually opened the TSX Venture Exchange on Monday, September 28, having newly listed on the index. Chief executive Ali Haji joined his team and key investors, along with Robert Peterman, vice-president (VP) of global business development at TMX Group, to mark the event. ION Energy is focused on advancing Mongolia's lithium salars ahead of the expected increased global demand for lithium. The group has one of the largest exploration, and first lithium brine, licenses ever granted in Mongolia.

Mirasol Resources Ltd (CVE:MRZ) (OTCPINK:MRZLF), the project generator focused on the Americas, told investors that CEO Norm Pitcher was leaving to pursue other opportunities and that a process to find his successor was underway. "On behalf of the board, I would like to thank Mr. Pitcher for his leadership," said chairman Patrick Evans in a brief statement on Monday. "He successfully guided the company through a period of transition, which has secured Mirasol's position as a leading project generator and explorer in Chile and Argentina".

American Manganese Inc (CVE:AMY) (OTCMKT:AMYZF) says it is amending the price of its previously announced non-brokered private placing from C$0.24 to C$0.20 per unit. All other terms of the financing remain the same. Each unit consists of one share and one purchase warrant. Each warrant will be exercisable for one share at C$0.30 each for two years. The proceeds will be mainly used for pilot plant completion, spin-out of gold/copper assets and rare earth mineral property, as well as working capital, the group said.

Lucky Minerals Inc (CVE:LKY) (OTCMKTS:LKMNF) has appointed long time director Francois Perron as its new CEO, it said Monday. Perron’s knowledge and experience will be a “significant benefit” in the day to day management of Lucky as it pursues its primary project in Ecuador, the Vancouver-based company said in a statement. Outgoing CEO Adrian Rothwell is transitioning into the executive chairman of the board and will remain actively involved in the company’s operations, the firm said, adding that Rothwell will focus on evaluating opportunities to strengthen and grow the junior explorer.

Namaste Technologies Inc (CVE:N) (OTCMKTS:NXTTF), which operates the largest global cannabis e-commerce platform, said on Monday that it tapped Slava Klems as the compnay's interim chief financial officer. Klems succeeds Annie Holmes, who has stepped down to pursue other opportunities, and will close out her CFO stint with Namaste on October 30. "I would like to welcome Ms Klems to the position of interim CFO for Namaste," CEO Meni Morim said in a statement. "She has an impressive background in corporate finance with experience in technology and platform integration and has shown an incredible business acumen since joining the company.”

Water Tower Research (WTR) announced Friday that Shawn Severson, head of its ClimateTech & Sustainable Investing research division, will talk Tuesday with electric vehicle (EV) producer Kandi America as part of its ongoing Fireside Chat series. Kandi America is a subsidiary of Kandi Technologies (NASDAQ:KNDI), a major electric vehicles player in China. Severson will chat with CEO Johnny Tai about Kandi’s newly introduced EVs, and how it intends to build its marketing and distribution network in the US. The program, scheduled for noon ET on September 29, is titled, “A Conversation with Chinese EV Leader Kandi on Their Entry into the US Market.”

Phunware Inc (NASDAQ:PHUN) has said its Smart Workplace solution will now be featured on the Meraki Marketplace, owned by San Francisco cloud-managed IT company Cisco Meraki.

Great Bear Resources Ltd (CVE:GBR) (OTCQX:GTBAF) (FRA:0G6A) continues to provide the market with positive drill results from its flagship Dixie project in Red Lake. The latest assays "again demonstrate the exceptional grade potential and predictability of the LP Fault's near surface bulk tonnage gold mineralization", the firm's CEO Chris Taylor said in a statement on Monday. The company is in the midst of a C$21 million exploration program and it continues to define gold along five kilometres of strike at the LP Fault, to a depth of around 500 metres (m).

Chemistree Technology Inc (CSE:CHM) (OTCQB:CHMJF) said Monday its investee company Innunoflex Therapeutics has appointed Dr David MacDonald to its management team and created a new Scientific Advisory Board stacked with industry-leading talent. Drs Vernon Oi, Jian Han and Leonore Herzenberg comprise the new advisory board. Chemistree CEO Karl Kottmeier said the moves were “great advancements” for ImmunoFlex. “Dr. MacDonald is a tremendously experienced scientist and a major addition to the ImmunoFlex management team,” Kottmeier said. “I am also very impressed with ImmunoFlex's ability to attract such experienced and highly regarded scientists to its new Scientific Advisory Board."

Gold Resource Corporation (NYSEAMERICAN:GORO) has declared a September dividend of one-third of a cent per common share for September 2020 payable on October 23, 2020 to shareholders of record as of October 12, 2020. The gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, has returned US$115 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.

OTC Markets Group Inc (OTCQX:OTCM) has announced that Benchmark Metals Inc (CVE:BNCH)  (OTCQX:BNCHF), NOVONIX LIMITED (ASX:NVX) (OTCQX: NVNXF), and C21 Investments Inc (CSE:CXXI) (OTCQX:CXXIF), have qualified to trade on the OTCQX Best Market. Benchmark is a mineral exploration company focused on advancing and developing the substantial resource potential of the Lawyer’s Gold-Silver Project, located in the prolific Golden Horseshoe of northern British Columbia. NOVONIX is an integrated developer and supplier of high-performance materials, equipment and services for the global lithium-ion battery industry with operations in the US and Canada and sales in more than 15 countries. C21 is a vertically integrated cannabis company. Shares of all three companies will begin trading on the OTCQX on Monday.

Bam Bam Resources Corp (CSE:BBR) (OTCPINK:NPEZD) (FRA:4NPB) continues to advance its flagship Majuba Hill project towards becoming a world-class deposit and where drilling this year has shown "significant" copper and silver values. In a corporate update Monday, the company recapped on work this year at the porphyry copper silver asset, a site of previous production, which lies in Pershing county, Nevada. CEO of Bam Bam David Greenway told investors in the statement that since he had joined the company, "considerable energy" by the board had gone into adding a prospective new project. "We are now focused on exploration in the Western United States, especially Nevada. I would like to commend Buster Hunsaker for his tireless vision on bringing the flagship Majuba Hill Property towards a world-class deposit," he said.

QC Copper and Gold Inc (CVE:QCCU) started trading after rebranding and changing its name from PowerOre Inc (CVE:PORE). In keeping with the overhaul, the Toronto-based junior explorer encourages shareholders to visit its brand new website. and view its updated corporate presentation. The new name is line with the company's focus on its flagship Opemiska Copper-Gold project near the town of Chapais, Quebec within the prolific Chibougamau region. The project covers 12,782 hectares as well as past-producing Springer, Perry, Robitaille and Cooke mines which were owned and operated by Falconbridge.

Loop Insights Inc (CVE:MTRX) (OCTMKTS:VRZPF) said it has signed an agreement to grant Austin-based start-up CasaPerks a non-exclusive license to use various aspects of its technology in return for $1.93 million in a combination of cash and shares. In a separate announcement, the company also said that on Monday September 28 it will begin trading on the OTCQB Venture Market under the symbol RACMF.

GR Silver Mining Ltd (CVE:GRSL) (OTCQB:GRSLF) received a boost for its Plomosas silver project in Mexico, saying it had found a new zone of high-grade polymetallic mineralization at the formerly producing Plomosas mine. From channel sampling, a continuous intersection, measuring 15.7 metres (m) was found next to the existing "room and pillar" stope on the 775 RL level at the mine, and out into unmined zones, GR Silver said. Part of that length assayed 5.4m at 1,313 grams per ton (g/t) of silver-equivalent, the firm added, while the 15.7m overall length assayed 416 g/t silver equivalent.

FSD Pharma Inc (NASDAQ:HUGE) (CSE:HUGE.CN) (FRA:0K9A) announced on Monday that the US Food and Drug Administration (FDA) has authorized the initiation of a Phase 2 study for the use of its lead candidate FSD-201, or anti-inflammatory ultra-micronized-palmitoylethanolamide (PEA), to treat coronavirus (COVID-19) patients. The company said it will start dosing patients in October this year. FSD observed that in some cases of COVID-19, there is an “over-exuberant inflammatory response” that may lead to a cytokine storm and ultimately death. Therefore, it is developing FSD-201 for its anti-inflammatory properties to potentially address the cytokine storm associated with acute lung injury in hospitalized COVID-19 patients. "Commencing a phase 2 clinical trial to treat hospitalized COVID-19 patients is a major milestone achieved by our pharmaceutical team led by Dr Edward Brennan and a huge step forward for FSD Pharma," said CEO Raza Bokhari.

BevCanna Enterprises Inc (CSE:BEV) (OTCQB:BVNNF) is “extremely pleased” with its position in the cannabis-infused beverage sector ahead of its US and global expansion plans. In a note to shareholders over the weekend, the Vancouver-based company said it had made significant progress on key objectives like finalizing partnerships and signing new white-label clients. BevCanna recently acquired US e-commerce platform Pure Therapy Products Corp as a vehicle to help the company scale its business into the US and abroad. The firm plans to leverage its direct-to-consumer retail capabilities to market natural health products and BevCanna’s own brands.

Binovi Technologies Corp (TSXV:VISN) (OTC:BNVIF) has congratulated the National Hockey League’s (NHL) Dallas Stars on their Western Conference Championship and berth in the Stanley Cup Finals.

Nomad Royalty Company Ltd (TSX:NSR) (OTCQX:NSRXF) has closed its previously announced acquisition of private firm Valkyrie Royalty Inc, which owns a net-smelter-return (NSR) royalty on the Moss gold mine in Arizona, USA for total share consideration of around C$7.6-million. Nomad issued over 7.3 million shares to the shareholders of Valkyrie.

Australis Capital Inc (CSE:AUSA) (OTCMKTS:AUSAF) has named cannabis industry veteran Sameer Kumar as an independent director. Sameer was the former president and chief operating officer (COO) of VIOLA Brands, a lifestyle-based cannabis management services organization (MSO), which was founded by former NBA player Al Harrington. Sameer expanded the brand into five markets, drove operational and sales efficiencies, which led to a doubling of production, a double-digit increase in sales and an expansion of margins, propelling VIOLA to become one of the largest live resin concentrate brands in Colorado and Oregon, by market share, highlighted Australis.

Klondike Gold Corp (CVE:KG) (OTCPINK:KDKGF) said it had upsized a previously announced private placing to C$3.8 million and brought in around C$1.55 million from closing the first tranche. The explorer said it aims to use the proceeds of the financing to continue advancing its Yukon properties, as well as for general working capital. In the first tranche, Klondike issued 2,600,702 flow-through units at C$0.30 each, comprising of 2,600,702 common shares which are "flow through" shares for Canadian income tax purposes and 1,300,351 warrants.



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