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NA Proactive news snapshot: Gevo, ION Energy, BioSig Technologies, Northstar Gold, Progressive Planet UPDATE ...

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Zynerba Pharmaceuticals - NA Proactive news snapshot:
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Gevo Inc (NASDAQ:GEVO) is applauding the White House for coordinating several federal agencies to meet the Sustainable Aviation Fuel Grand Challenge -- which calls for a 50% reduction in the aviation carbon footprint over the next 30 years. Recently, the departments of energy (DOE), transportation (DOT), and agriculture (USDA) entered into a memorandum of understanding (MOU) outlining the Grand Challenge. The challenge spells out action steps to reduce the cost, enhance the sustainability, and expand the production and use of Sustainable Aviation Fuel (SAF) that achieves a minimum of a 50% reduction in lifecycle greenhouse gas (GHG) compared to conventional fuel to reach a goal of supplying sufficient SAF to meet 100% of aviation fuel demand by 2050.

ION Energy Limited says it will commence a maiden exploration program at its 100%-owned Urgakh Naran lithium salar project in Dorngovi Province, Mongolia. In addition, the company said it is launching the exploration program as it celebrates the one-year anniversary of its trading start on the TSX Venture Exchange. “Our team has accomplished so much in the past year: from a new licence acquisition to the closing of a significant public offering,” CEO Ali Haji in a statement. “We are now very pleased to be commencing the maiden exploration program at our Urgakh Naran lithium salar project. This is an exciting milestone for the company, and another step in ION Energy’s aggressive growth strategy.”

BioSig Technologies Inc said it would install a PURE EP System for evaluation at St. Elizabeth’s Medical Center in Boston. The company said it initiated the new evaluation program under the leadership of Dr. Michael Orlov and aims to assess the PURE EP System during a series of physiologic pacing procedures. Physiologic pacing is an emerging pacing technique designed to activate the normal cardiac conduction system and synchronize contraction of the ventricles. This approach to pacing the heart has demonstrated improved clinical and hemodynamic benefits beyond standard pacing techniques. 

Northstar Gold Corp said it has engaged Boart Longyear Canada to conduct a 2,400 metre (m) Phase IIB diamond drill program on the company's 100%-owned Miller gold property located 1.8 kilometres (km) southeast of Kirkland Lake, Ontario. The company noted that drilling is set to start in late September, with a focus on step-outs from the Phase IIA Allied Gold Zone high-grade gold-telluride intercepts, the No. 1 Vein historic resource estimate confirmatory, as well as step-out holes on the recently acquired and adjacent Searles property.

Progressive Planet Solutions Inc has appointed Peter Lacey as an independent member of its board of directors. In a statement, the company noted that Lacey has a proven track record of building companies, most notably growing a single John Deere dealership into a leading global company -- TSX-listed Cervus Equipment (TSX:CVL) Corporation. Lacey is the founder, the long-time chairman, and largest shareholder of Cervus, which recently announced that it had agreed to be acquired by Brandt Tractor Ltd for $19.50 per share in cash, creating one of the largest privately held dealership groups in the world. The transaction values Cervus at about $302 million.

Logiq, Inc. said the Indonesian Government has approved an annual lending rate for it to provide micro-lending services to the more than 50 million members of Badan Perlayanan Jaminan Sosial Ketenagakerjaan (BPJSTK). BPJSTK manages the pensions and health benefits for these members in Indonesia. The provider of  e-commerce and fintech solutions said the lending rate approval follows its earlier announcement that it will launch a program to provide mobile fintech services in an exclusive strategic alliance with the country’s social security program provider, Koperasi Mona Santoso Berjaya (KMSB). The program will offer microloans to BPJSTK members for personal or business use, using the approved lending rate. Following delays due to coronavirus (COVID-19), Logiq said the lending rate approval represents a major step towards improving the lives of millions of Indonesians, who do not have access to traditional financial services. 

Talon Metals Corp has revealed the highest nickel and copper grades ever drilled at its Tamarack nickel project in Minnesota. One hole drilled in the CGO West area intersected 4.44 metres of mixed and massive nickel-copper mineralization grading 7.97% nickel and 11.25% copper starting at 269.13 metres. Other assays reported included 5.23 metres at 5.29% nickel and 2.13% copper, and 13.25 metres at 3.97% nickel and 1.48% copper.

Aurania Resources Ltd (TSX-V:ARU, OTCQB:AUIAF) told investors it was preparing to drill the Tatasham target at its Lost Cities - Cutucu project in the fourth quarter this year, which could represent the central part of a porphyry deposit. The target, which lies near the western margin of the property in Ecuador, has been further refined by geophysical modelling.

Boosh Plant-Based Brands Inc (CSE:VEGI, OTC:VGGIF) said it has secured the Presenting Level Sponsorship position at the Planted Expo, which is being held at the Vancouver Convention Centre West from November 20 to 21, 2021. The Planted Expo is billed as Canada's largest plant-based event of the year, housing more than 200 vegan edible and lifestyle businesses in one location.

Eric Sprott announces that 2176423 Ontario Ltd. (a corporation he beneficially owns) exercised 6,500,000 common share purchase warrants of Golden Tag Resources Ltd. (TSX-V:GOG, OTCQB:GTAGF) at $0.07 per common share for aggregate consideration of $455,000. The exercise of warrants, combined with prior corporate treasury issuances of shares, resulted in a decrease in holdings of approximately 2.8% of the outstanding shares on a partially diluted basis since the date of the last early warning report. Prior to such exercise, Sprott beneficially owned and controlled 29,326,482 Shares and 13,628,075 Warrants representing approximately 16.4% of the outstanding Shares on a non-diluted basis and approximately 22.3% on a partially diluted basis assuming the exercise of all such Warrants. Sprott now beneficially owns and controls 35,826,482 shares and 7,128,075 warrants representing approximately 19.3% of the outstanding shares on a non-diluted basis and approximately 22.3% on a partially diluted basis assuming the exercise of such warrants. 

Metalla Royalty & Streaming Ltd (TSX-V:MTA) (TSX-V:MTA) is set to buy, from an arm's length seller, an existing 5% net smelter return royalty (NSR) on the South Domes portion of the Castle Mountain gold mine in California - soon to be one of the USA's largest gold mines. The asset is owned by Equinox Gold (TSX:EQX) (TSX:EQX) Corp and the total consideration is US$15 million in cash. "The Castle Mountain royalty provides Metalla shareholders with exceptional long-term exposure to a significant property operated by one of the industry's premier operators," said Brett Heath, CEO of Metalla.

Zynerba Pharmaceuticals (NASDAQ:ZYNE) Inc has announced the initiation of a pivotal, multinational randomized, double-blind, placebo-controlled, multiple-center (RECONNECT) Phase 3 trial to evaluate the efficacy and safety of Zygel (cannabidiol formulated in a transdermal gel) in children and adolescents with Fragile X syndrome (FXS).  The trial is planned to confirm the positive results observed in a population of responders in its CONNECT-FX trial, a randomized, double-blind, placebo-controlled trial that assessed the efficacy and safety of Zygel as a treatment for the behavioral symptoms of FXS. Zynerba said RECONNECT will be an 18-week trial that is expected to enroll about 200 children and adolescents, aged three through 17 years, at approximately 25 clinical sites in the US, Australia, the UK, and Ireland.

Phunware Inc (NASDAQ:PHUN)., a fully integrated enterprise cloud platform for mobile that provides products, solutions, data, and services for brands worldwide, has executed a definitive agreement to acquire Lyte Technology. Phunware said the accretive transaction contemplates a total purchase price in cash and stock of up to $10.32 million, with $3.32 million cash at closing and the remaining $7 million tied to both time and financial performance requirements for one year post-closing. The maximum amount of stock issuable post-closing would constitute $2.25 million over 12 months and an additional $1.25 million contingent upon generating $12 million for the one-year period post-closing. The company also maintains options against future payments to proactively minimize dilution while maximizing financial performance.

Dalrada Corporation told investors that its subsidiary, Dalrada Health has expanded its operations with the opening of two new subsidiaries. Pala Diagnostics, LLC is a fully operational national laboratory that is processing point-of-care, emergency use authorization (EUA) approved, rapid antigen testing, and lab-based PCR testing for coronavirus (COVID-19). Sòlas Rejuvenation + Wellness health center provides cutting-edge, life-enhancing techniques and advanced wellness programs. “As the world health crisis continues, accurate testing, analysis, and reporting is a vital service,” chairman and CEO Brian Bonar said in a statement. “Dalrada Health’s Pala Diagnostics certified laboratory is playing an active role with rapid analysis and reporting that is required for businesses, schools, and industries to verify safety protocols.”

QC Copper and Gold Inc has highlighted the gold potential of its Opemiska asset in the Chibougamau district of Quebec after recent drill finds. In July this year, the group reported a wide high-grade gold intersection in one hole on the edge of Vein No 2 at the Springer mine, namely nine metres (m) at a grade of 18.3 grams per ton (g/t), the company pointed out in a statement. The style of mineralization here is distinct from the high gold-copper veins historically mined in the south part of the springer mine, near the Gwillim Fault.

GGX Gold Corp said that a technical team has started the permitting process for a bulk sample on the COD vein at its Gold Drop property in the historic Greenwood Mining Camp in British Columbia. The company said the bulk sample program at the vein will provide further information on the metallurgy, recovery, and processing methods. The technical team is evaluating the resource potential at the vein as well as processing sites for the bulk sample. GGX Gold said the COD vein has been explored over the last several field seasons with 155 surface drill holes totalling 10,292 metres completed from 2017 to 2020 in addition to trenches completed in 2017 and 2020.

MAS Gold announced plans to acquire a 100% interest in the formerly producing Contact Lake Gold Mine in Saskatchewan. The 463-hectare property, located in the highly prospective La Ronge Greenstone Belt in the province, was mined from 1994 to 1997 by owners Cameco Corporation (TSX:CCO). Vancouver-based MAS entered into an agreement with the province of Saskatchewan to transfer the property into the junior resource company’s care.

Zoglo’s Incredible Food Corp. has announced the appointment of Paul Del Duca as chairman of the company’s board of directors, replacing incumbent David Sugarman who will be stepping down for personal matters. Del Duca has more than 40 years of consumer retail industry experience, serving in leadership roles with A&P Canada, Dominion Stores, Metro Inc, Sobeys Canada, Walmart Canada, and Wilson's Transport.

Australis Capital Inc, doing business as Audacious, told investors it has reduced its shareholding in Body and Mind to below 10% after selling a portion of its holding in a private agreement transaction. The company said ceasing to be an insider of Body and Mind provides it with increased flexibility around US affiliate rules. It continues to assess the strategic fit of certain of its legacy holdings, it added. Australis said it sold 9.9 million restricted Body and Mind shares to a private purchaser for $2.97 million. The number of Body and Mind shares sold represents 9.8% of the shares of Body and Mind and 54.7% of its own Body and Mind shareholding. After the sale, it continues to hold 8,206,549 Body and Mind shares, or 8% of the company’s outstanding shares. 

Bam Bam Resources (CSE:BBR) Corp said it has amended the amount closed on its oversubscribed non-brokered private placement financing to C$2,232,841.05 from C$2,001,741 previously. The company has issued 23,503,590 of its units, at a price of $0.095 per unit, in connection with the financing. Each unit comprised one common share and one transferable warrant, which entitles the holder to purchase one additional common share for a period of 24 months at a price of $0.125 per share, subject to accelerated expiry.

PlantX Life Inc, a leader in the plant e-commerce space, announced that it will launch as a seller on Amazon.com, Inc's Amazon Marketplace, which has millions of monthly unique visitors. The Vancouver-based company said it will be launching both Canadian and United States online stores on the popular multinational e-commerce platform. “The company will utilize the Amazon Marketplace platform and back-end infrastructure to list and sell its plant-based items, as well as to fulfill customer orders,” said PlantX. In addition, PlantX will have access to Amazon's well-established fulfillment resources, customer service and extensive network of affiliates. "We recognize the potential of joining Amazon as a third-party seller on its platform," PlantX CEO Lorne Rapkin said in a statement. "Being active on Amazon Marketplace means that we will be able to leverage Amazon's world-class e-commerce resources."

Ascendant Resources Inc has hailed a preliminary economic assessment (PEA) for its Lagoa Salgada volcanogenic massive sulphide (VMS) project in Portugal, which showed a low-cost, high-margin underground mining operation. The NI 43-101 report is based on exploiting ore from both the North Zone and the South Zones at the Venda Nova area and is based on current resources but the company reckons resources and the scale of the project can be expanded with future exploration. The study will also form the basis of a feasibility study, which is earmarked to start in the fourth quarter this year and be completed by the end of 2022. 

Trutrace Technologies Inc said that Pradeep Sood, a member of its board of directors and the chairman of its audit committee has notified the company of his intention to retire from the company's board of directors for personal reasons, effective immediately. Trutrace noted that Sood did not advise the company of any disagreement with the company on any matter relating to its operations, policies or practices. Following Sood's resignation as a director, the size of the company said its board will be reduced from five to four directors.

SOL Global Investments Corp said it increased its ownership of Kwesst Micro Systems to approximately 11.6% on a non-dilutive basis and around 12.3% on a partially diluted basis after completing a second transaction that resulted in it acquiring an additional 2% of the company’s stock. In the first transaction, announced on July 22, 2021, SOL Global said it acquired ownership of 205,000 common shares on the TSX Venture Exchange at a price of $2.08 per common share. It also owns 370,000 common share purchase warrants in Kwesst. It said it acquired the securities for investment purposes.

Belmont Resources Inc said it has received conditional approval from the TSX Venture Exchange for an incentive program to encourage the early exercise of the 5,780,500 outstanding private placement warrants priced at $0.05 cents expiring March 31, 2022, and April 28, 2022. If all of the original warrants are exercised under the incentive program, Belmont said it will receive aggregate gross proceeds of $289,025. Any proceeds received as a result of the Incentive Program will be used for working capital and exploration of properties. In order to encourage the early exercise of the original warrants, if the instruments are exercised each warrant holder will receive one additional warrant in consideration of the early exercise of each warrant. The Incentive Program will begin on September 10 and terminate on October 11, 2021.

Therma Bright Inc (TSX-V:THRM, OTC:TBRIF, FRA:JNX) said the TSX Venture Exchange has accepted for filing its proposal to issue 700,000 common share purchase warrants, with each warrant being exercisable into one common share at a price of 46 cents over a two-year period. The warrant issue relates to a consulting services agreement with an arm’s-length consultant with one creditor. 

Naturally Splendid Enterprises Ltd said the TSX Venture Exchange has accepted for filing its proposal to issue 3,646,073 shares to settle outstanding debt for $255,225.11 with nine creditors. 

Logiq Inc. said that its CEO, Tom Furukawa, sold 13,488 shares to satisfy the payment of withholding tax liability incurred upon the vesting of restricted stock units. The company said it was the first instance of a recently instituted program by a third-party employee benefit administrator that allowed the option of partial sale of shares granted to address employee tax withholding obligations. Going forward, it said this will no longer be an option for the company’s corporate officers. “Yesterday’s Form 4 filing for Tom’s sale could potentially be mischaracterized as lack of confidence in the company and this is clearly not the case,” the company’s president, Brent Suen, said in a statement. “For larger companies, such a tax sale is typically not an issue due to their greater stock volume. In light of our current price and volume, we are putting this tax offset mechanism on hold indefinitely.” 

Fobi AI (TSX-V:FOBI, OTCQB:FOBIF) Inc, a provider of real-time data analytics through artificial intelligence (AI) to drive customer engagement, has announced that it has developed and released a new universal app-less proof of vaccination validation solution. It said CheckVax Validator supports Smart Health Cards (SHCs), which to date have been adopted to validate vaccination credentials in California, New York, Louisiana, British Columbia and Quebec. The Vancouver-based advanced tech company said it believes that CheckVax Validator is the only app-less solution available on the market today that will validate all proof of vaccination credentials.  “As we are fielding inquiries from various countries around the world, we have designed and developed the CheckVax Validator to be a true turnkey universal application in an effort to support various levels of government mandates and business needs worldwide,” CEO Rob Anson said in a statement. 

American Manganese Inc announced its participation in a series of upcoming investor conferences in the month of September. The critical metals company focused on the upcycling of lithium-ion battery waste into high-value battery cathode materials said it will participate in the HC Wainwright 23rd Annual Global Investment Conference from September 13-15 as well as the AGP Virtual Energy Conference on September 21. "We have made excellent progress in our closed-loop lithium-ion battery cathode upcycling project and Wenden Stockpile material reclamation and advanced material processing project and we look forward to sharing the development of our advanced technology and commercialization efforts with an investor audience," president and CEO Larry Reaugh said. For more information on HC Wainwright event, visit: https://hcwevents.com/annualconference/#toggle-id-5 To join the AGP Virtual Energy Conference, visit: https://www.allianceg.com/conference_and_event/a-g-p-s-virtual-energy-conference/

CytoDyn Inc, a late-stage biotechnology company developing leronlimab, a CCR5 antagonist with the potential for multiple therapeutic indications, said its president and CEO Nader Pourhassan and chairman, chief medical officer and head of business development Scott Kelly will provide a comprehensive business update at the upcoming Emerging Growth Conference. CytoDyn will present for 20 minutes, and 40 minutes will be dedicated to live questions and answers from 3:30pm Eastern Time on Wednesday, September 15, 2021. Investors can register by following this link: https://goto.webcasts.com/starthere.jsp?ei=1487778&tp_key=ec487e0e97&sti=cydy

Wellteq Digital Health Inc said it will be participating in the Virtual Gravitas Health Reimagined Investor Day taking place Thursday, September 16th, 2021. Wellteq CEO Scott Montgomery is scheduled to present on Thursday, September 16th, 2021 at 12:00 pm Eastern Time. Montgomery will also be fielding investor questions during the one-day virtual conference hosted by Gravitas Securities Inc. “I am eager to inform investors on how Wellteq’s business model has delivered affordability and accessibility to workplace healthcare at the Gravitas Health Reimagined Investor Day,” Montgomery said in a statement. This year’s Gravitas Health Reimagined Investor Day will feature leaders in the healthcare space and will be attended virtually by institutional and retail investors from North America and abroad. For additional details about the conference and Gravitas Securities, please visit: https://www.gravitassecurities.com

Willow Biosciences Inc announced that its CEO Trevor Peters will present live at LifeSciencesInvestorForum.com on September 16th at 11:00 AM ET. Registration is available here: https://www.lifesciencesinvestorforum.com/events/event-details/agenda?utm_source=Participating+Company&utm_medium=Press+Release&utm_campaign=091621LSIF&utm_id=091621LSIF 

Co-Diagnostics (NASDAQ:CODX) Inc announced its CEO Dwight Egan will participate in a panel discussion hosted by Scott Gottlieb, MD titled "How We Can Defeat the Next Pandemic" at the HC Wainwright & Co 2021 Global Investor Conference, being held virtually on September 13-15, 2021. Gottlieb is the former Food and Drug Administration (FDA) Commissioner and former Centers for Medicare & Medicaid Services Senior Advisor, and author of the upcoming book “Uncontrolled Spread: Why COVID-19 Crushed Us and How We Can Defeat the Next Pandemic.” The panel will be conducted on September 15 at 12:00 pm ET and can be accessed by registering for the conference here: https://c212.net/c/link/?t=0&l=en&o=3288078-1&h=3586225609&u=https%3A%2F%2Fhcwevents.com%2Fannualconference%2F&a=here 

TRACON Pharmaceuticals (NASDAQ:TCON), a clinical stage biopharmaceutical company focused on the development and commercialization of novel targeted cancer therapeutics and utilizing a cost efficient, CRO-independent product development platform to partner with ex-US companies to develop and commercialize innovative products in the US, said its president and CEO  Charles Theuer will present a corporate overview at the Oppenheimer Fall Healthcare Life Sciences and MedTech Summit on Monday, September 20, 2021 at 1:15pm Eastern Time. To access a live webcast or replay of the presentation, the company advised investors to visit the “Events and Presentations” page within the “Investors” section of the TRACON Pharmaceuticals (NASDAQ:TCON) website at www.traconpharma.com

Virtual Investor Conferences and KCSA Strategic Communications announced that the presentations from the September 8 and 9 Cannabis Industry Virtual lnvestor Conference are now available for on-demand viewing at VirtualInvestorConferences.com. Readers may login on https://bit.ly/3BUC6w8. The company said all presentations will be available for 24/7 on-demand replay for 90 days. Investors, advisors and analysts may also download shareholder materials from the "virtual trade booth" for the next three weeks.

OTC Markets Group Inc. (OTCQX:OTCM), the operator of financial markets for 11,000 US and global securities, has announced that Dimeco, Inc, the parent holding company of The Dime Bank, has qualified to trade on the OTCQX Best Market. Dimeco upgraded to OTCQX from the OTC Pink market. Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their US. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the US. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws. President and CEO of Dimeco and The Dime Bank Peter Bochnovich stated: "We want our Dimeco investors and potential investors to have access to financial information that is easy to understand and helpful in making their investment decisions. We aim to generate broader recognition by investors, enhance shareholder value, and emphasize The Dime Bank's commitment to the communities we serve."

Todos Medical, Ltd. said its president and CEO Gerald Commissiong will be presenting at the H.C. Wainwright Annual Global Investment Conference being held virtually September 13-15, 2021. Due to Todos’ late invitation, the company’s presentation is being recorded in the afternoon on September 13, 2021 and will be available thereafter. If you are an institutional or retail investor, and would like to listen to the company's presentation, please click HERE www.hcwevents.com/annualconference to register for the conference.

Mednow Inc (TSX-V:MNOW, OTCQB:MDNWF), Canada’s on-demand virtual pharmacy, said it will be participating in the Virtual Gravitas Health Reimagined Investor Day taking place on September 16, 2021 virtually. Mednow co-founder and CEO Karim Nassar is scheduled to make a presentation on September 16 at 9:30 am PT.  Nassar will also field investor questions during the one-day virtual conference hosted by Gravitas Securities Inc.

Else Nutrition Holdings Inc (OTCQX:BABYF, TSX-V:BABY) has announced that it will present live at LifeSciencesInvestorForum.com on Thursday, September 16, 2021 at 9:30AM ET. 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. It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates. Participants can register here: https://www.lifesciencesinvestorforum.com/events/event-details/agenda?utm_source=Participating%20Company&utm_medium=Press%20Release&utm_campaign=062421LSIF 

 

 

 

 

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Zynerba Pharmaceuticals well-funded for its CBD clinical trials into 2021

Zynerba Pharmaceuticals Inc (NASDAQ:ZYNE) CEO Armando Anido tells Proactive Investors the Pennsylvania-based biotech has $59.8 million to fund clinical trials for its cannabis-derived treatments 'beyond major milestones' into 2021. Zynerba is on track to report top-line results from tests...

on 03/12/2019

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