A glance at some of the day's highlights from the Proactive Investors US and Canada newswires
Helix BioPharma Corp () CEO Heman Chao will be presenting at Noble Capital Markets’ investor conference in Hollywood, Florida on February 17, the company said Friday. Chao will also sit on a panel entitled “Cancer Treatment: Tackling the disease through innovative strategies,” to discuss new therapies to combat cancer. Helix was also selected to present to Noble Capital Markets Life Sciences Scientific and Advisory Board (“LSAB”), in an invitation only event comprised of world-class healthcare professionals with extensive experience in the medical and pharmaceutical industries.
Newrange Gold Corp () (OTCMKTS:NRGOF) offers investors exposure to an early stage explorer with significant gold and silver discovery potential, says Noble Capital Markets, which has started covering the stock with an 'outperform' rating. It is targeting C$0.25 a share, which is more than double the firm's current share price of C$0.12. The firm's assets are the Pamlico project in Nevada, which allows it to explore and develop a district-scale gold deposit over multiple targets. The company also recently enlarged its footprint in the Red Lake area in Ontario with a new option agreement to earn 100% of the H Lake property from Bounty Gold Corp.
EnWave Corporation () (OTCMKTS:NWVCF) has agreed to slim down its Equipment Purchase Agreement with The Green Organic Dutchman Holdings Ltd () (OTCMKTS:TGODF) subsidiary Medican Organic Inc. Under the original deal, signed in March 2019, TGOD purchased three of EnWave’s 120kW Radiant Energy Vacuum dehydrating machines for its Valleyfield, Quebec cannabis facility. Now, at TGOD’s request, the parties have agreed to shrink the deal to one machine. TGOD has already paid in full for one machine and partially paid for the new machines no longer part of the agreement. The funds paid in connection to the two cancelled machines covers the costs absorbed by EnWave, the company said.
OTC Markets Group Inc () is congratulating lawmakers for introducing bipartisan legislation on Tuesday that would help qualified public companies trading on an over-the-counter market to offer Employee Stock Ownership Plans (ESOPs). The ESOP Fairness Act (S.3270) (H.R.5851) was put forth simultaneously by Senators Thom Tillis (R-NC) and Gary Peters (D-MI) and Representatives Mike Kelly (R-PA-16) and Brian Higgins (D-NY-26) in the House.
OTC Market also announced the schedule for its upcoming Virtual lnvestor Conference held on Thursday, February 20th. All times are Eastern.
9:30 am Siyata Mobile Inc (OTCMKTS:SYATF) ()
10:00 am (OTCMKTS:RBYCF) ()
10:30am NexTech AR Solutions (OTCMKTS:NEXCF) ()
11:00 am Flyht Aerospace Solutions Ltd (OTCMKTS:FLYLF) ()
11:30 am Bioasis Technologies Inc () (CVE:BTI)
12:00 pm UC Asset LP (OTCMKTS:UCASU)
12:30 pm Medicine Man Technologies Inc ()
1:00 pm Nextleaf Solutions Ltd (OTCMKTS:OILFF) ()
The conference will be live-streamed at virtualinvestorconferences.com.
() (OTCMKTS:BRGGF) is expecting to see increased revenue figures and a positive EBITDA for the first time in its upcoming fiscal 2019 results. The Toronto-based firm told shareholders on Friday that the growth comes from a number of factors, such as rapid integrations in its core casino platform and key client wins like Unibet, Betsson and Leo Vegas. The group expects revenue to be around EUR 26 million during 2019, a 37% increase over 2018 levels and a figure that comes in at the high end of market expectations.
1933 Industries Inc () (OTCMKTS:TGIFF) said Friday that its first harvest of commercial cannabis from California is underway and it has also started distributing California-compliant full spectrum Canna Hemp products to dispensaries in the Golden State.In a statement, the company said the harvest marks the California debut of AMA and Blonde cannabis products. 1993 Industries, based in Chilliwack, British Columbia, has a 20,000-square feet cultivation, extraction, manufacturing and distribution facility in the Los Angeles area, and has harvested its first cannabis crop this week. The harvest will go into its Alternative Medicine Association (AMA) brand, as well as its licensing partner, luxury brand Blonde cannabis, with products earmarked for dispensaries for the first time outside Nevada.
() (OTCMKTS:SOHFF) has closed the first nearly $2 million tranche of its previously-announced non-brokered private placement. The tranche consisted of 19.5 million units, each containing one share and one half a share purchase unit, at a price of $0.10 per unit. A whole share purchase warrant entitles its holder to purchase an additional share at a price of $0.25 within two years of the tranche’s closing. Estratégica Corporativa en Finanzas SAPI de CV, an entity based in Mexico, acquired 5.8 million shares at the $0.10 price and an additional 2.9 million shares at $0.25 via purchase warrants.
() (OTCMKTS:SPMTF), the multi-commodity explorer, revealed it had increased its ground five-fold in an emerging gold district in northwestern Quebec. In a statement, the firm said it had expanded its Perron-East gold prospects to around 10,000 acres from 2,000 acres previously, consisting of five mineral claim blocks. Spearmint's Perron-East property lies near the past-producing Normetal mine, from which around 10.1 million tonnes grading 2.24% copper, 5.41% zinc, 0.526 grams per ton (g/t) gold and 44.45 g/t silver were extracted periodically between 1937 and 1975, the firm noted. The new claims are also near to 's () Perron property, from which additional significant drill results this month have included 2.19 g/t gold over 23.6 m and 29.4 g/t gold over 8.5 m.
AgraFlora Organics International Inc () (OCTMKTS:AGFAF), the international cannabis group, has hired marketing firm Gatekeeper Growth to drive sales of its Whole Hemp Health products on the likes of retail giant Amazon () and other platforms. The products are a proprietary line of hemp-derived cosmetic products developed and made by Canutra Naturals - a wholly-owned subsidiary of AgraFlora. "We are pleased that we conform with Gatekeeper’s strict product criteria and to be selected as a partner to their proven sales model, which de-risks our online advertising strategy," said Canutra's CEO Tony Harris.
CytoDyn Inc (), a late-stage biotechnology company, revealed continued positive data 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). The company shared results from the first five patients. CytoDyn CEO Nader Pourhassan said the company was hopeful that this would clear the path for CytoDyn to file for Breakthrough Therapy designation for all solid tumor cancers.
(NASDAQ:ACST) () CEO Jan D’Alvise said that the company was making “steady progress” with the audit of its TRILOGY 1 study data of its lead drug, CaPre. The Laval, Quebec-based company reported preliminary topline results for the primary endpoint from its Phase 3 TRILOGY 1 trial for CaPre, an omega-3 phospholipid to treat severe hypertriglyceridemia.
(), a provider of liquid biopsy tests, has promoted Cory Dunn to senior vice president of commercial operations. Dunn succeeds Edwin Hendrick, who resigned to pursue other endeavors, the San Diego-based company said in a statement Friday. She has served as Biocept's vice president of commercial operations since October 2018. Prior to joining Biocept, she held multiple leadership positions at life sciences companies specializing in diagnostics, including GenomeDx Biosciences (now Decipher Biosciences), PLUS Diagnostics (now Inform Diagnostics) and Genoptix. Her promotion comes as Biocept advances the usage of its flagship Target Selector liquid biopsy tests.
() (OTCMKTS:WDDMF) announced Friday that it received notice from the TSX Venture Exchange that documents connected to its November 29 acquisition of Starseed Holdings Inc have been accepted for filing. WeedMD has agreed to conduct the acquisition by issuing nearly 72 million shares of common stock and granting 6.5 million stock options in exchange for shares and stock options of Starseed. Starseed will granted three nominations to the board.
(CSE:GLO) (OTCMKTS:GLATF) CEO Stephen Roman in October 2019 purchased 17,000 common shares at $0.46 per each and 28,000 common shares at $0.45 apiece through his wholly-owned holding company, S.G. Roman & Company Limited. Roman now holds 7,179,052 common shares (both directly and indirectly), 4,739,946 common shares through S.G. Roman & Company, and 3,750,000 stock options, representing 10.5% of the issued and outstanding common shares of Global Atomic on a partially diluted basis.
NexTech AR Solutions (OTCMKTS:NEXCF) () has voluntarily halted its stock trading on Friday for one business day. The move follows a sharp rebuke from the company after a scathing note from short-selling firm Hindenburg Research. “We are preparing a further response to the short sellers and to all the law firms in the USA that are flooding our company with misleading press releases multiple times per day,” CEO Evan Gappelberg said.
Fidelity Minerals Corp () has entered into a debt settlement agreement, in which it will pay AUD$20,000 and issue 300,000 common shares of stock in order to cover AUD$100,000 in obligations. The Vancouver-based mining company said it decided to satisfy a portion of the outstanding indebtedness with shares in order to preserve its cash for operations. The transaction will require approval from the TSX Venture Exchange.
