A glance at some of the day's highlights from the Proactive Investors US and Canada newswires
(), which develops artificial intelligence and quantum finance applications was elevated Monday to the OTCQB Venture Market. Investors cheered the news, sending Quantum Computing stock up nearly 33.4% to $4.55 in afternoon trade.
Inc () subsidiary MjLink.com has launched an online investor network for the cannabis industry, MjInvest.com. The invitation-only network connects public and private cannabis companies with traders and institutional investors. The site was created by MjLink’s MjMicro division, and all members approved to join will also receive free access to future MjMicro Conferences.
Arcadia Biosciences, Inc.() said its plan to release its second-quarter 2019 financial and business results after the market close on August 7. The company has scheduled a conference call for 4.30pm Eastern time (1.30pm Pacific time) to discuss the second-quarter results and the quarter's key strategic achievements.
(), a cannabis dispensary operator, reached an agreement to be acquired Monday by Inc () (OTCMKTS:CADMF) via a share exchange agreement. The deal bolsters Chemesis’ status as a vertically-integrated player in six states and territories: California, Tennessee, Arizona, Michigan, Texas and Puerto Rico. With GSRX in tow, the company’s gross revenue projection for 2020 jumps to $75 million.
Energy Fuels Inc () (NYSEMKT:UUUU) told investors it enjoyed a productive second quarter, in which it generated 437,000 pounds of vanadium and 19,000 pounds of uranium and continued to position itself to benefit as soon as there is an uptick in prices for both. In the three months to end June, Energy said its vanadium output was 437,000 pounds and the group expects to continue to produce between 160,000 and 200,000 pounds of vanadium per month through Q3, 2019, subject to continued successful recovery and suitable sales prices.
Inc () has said that the US Food and Drug Administration waived its fees for the company's pending Biologics License Application for leronlimab as a combination therapy with HAART for HIV-infected patients. CEO Nader Pourhassan said the company's goal is to complete the BLA filing in September for leronlimab as a combination therapy with HAART for HIV-infected patients.
Improvements made this year to the plant at the Tucano gold mine in Brazil continue to yield good results, said Great Panther Mining Ltd () (NYSEAmerican:GPL) Monday, as the miner reported the third straight month of increased gold production at the asset. For July, output was 12,497 ounces of the yellow metal from 266,357 tonnes milled with 93.5% recovery, compared to 11,980 ounces produced in June and 10,899 ounces in May. In April this year, Tucano generated 7,020 ounces of gold from 254,700 tonnes milled and 87.6% recovery.
. () (OTCBB:VRRCF) has announced plans to raise up to $440,000 via a non-brokered private placement of up to 2,000,000 units at a price of $0.22 each. The company said it will use the gross proceeds for mineral exploration on its properties in Nevada and Ontario, and for general administrative costs.
Inc () announced Monday that its Little Big Burger brand has launched an app and loyalty platform to potentially boost sales by $3.2 million and generate strong cash flow. Headquartered in Charlotte, North Carolina, Chanticleer owns, operates, and franchises fast-casual restaurant brands like American Burger Company, BGR – Burgers Grilled Right, Little Big Burger and Just Fresh
CUI Global, Inc. (NASDAQ: CUI) has said it issue the financial results for its fiscal second quarter ended June 30, 2019 before the market open on Friday, August 9, 2019.
Biocept, Inc. (NASDAQ: BIOC) has said it will release financial results for the three and six months ended June 30, 2019 after the market closes on Monday, August 12, 2019. The company added that it will host a conference call for the investment community to discuss the results and answer questions at 4.30pm Eastern time (1.30pm Pacific time).
Progressive Planet Solutions Inc () announced late Friday that the TSX Venture Exchange has approved the sale of its stake in sulfur lithium battery intellectual property assets to SuperCap Technologies Corp. The deal, initially reached on June 20, will cost SuperCap $97,500 plus a 2% royalty from future revenue.
Ltd () announced Friday that it has met the conditions required by the TSX Venture Exchange for its previously-reported $6.2 million private placement. The two investors, the LIM Asia Special Situations Master Fund Limited and Century Development Ltd, have been issued 16 million and 16.7 million shares, respectively. The funds will go towards an ongoing 8,100-meter drilling project at Bronze Fox in Mongolia.
Inc (C:PGM) said the on Friday that the TSX Venture Exchange has accepted for filing documentation with respect to the brokered private placement it announced on June 21, 2019.