A glance at some of the day's highlights from the Proactive Investors US and Canada newswires
Inc's () aim to bring its omega-3 products to mass market received a boost Thursday, thanks to funding from the National Research Council of Canada. The company applied for and won assistance from the NRC’s Industrial Research Assistance Program for production scale-up of its line of omega-3 products.
() revealed Thursday that it has released a new version of its blockchain-enabled data exchange capabilities which will allow political and advocacy groups to reach targeted audiences in congressional districts across America. The Austin, Texas-based company provides a multiscreen-as-a-service (MaaS) enterprise cloud platform for mobile devices.
Biome Grow Inc () (OTCMKTS:BIOIF) revealed Thursday that its licensed Nova Scotia cannabis producer Highland Grow was profitable in the second-quarter on a standalone basis, fueling record revenue for the group. The cannabis company said second-quarter revenue quadrupled to $1.35 million from $341,000 in the first quarter. Similarly, gross profit tripled in the quarter to $600,000, compared to $204,000 in the previous quarter
() (OTCMKTS:IPATF), a biologics contract research organization, posted fiscal full-year results Wednesday that showed record revenues thanks in part to its recent European acquisition. The company saw revenue more than double year over year for the 12 months ended April 30 to $10.9 million from $5.4 million. A big reason why, the company said in a statement, was their March acquisition of ModiQuest Research, now known as IPA Europe.
announced the launch on Thursday of a new product line designed to fortify cement, making it stronger, lighter and more weather resistant. In a statement, the privately-owned firm said Original Graphene (OG) Concrete Admix is the first product to make graphene commercially available to the multibillion-dollar concrete industry.
() said Thursday that one of its microturbines recently helped provide some comfort to residents of an Ontario neighborhood who had to evacuate their homes after a gas leak. A lightning strike in the early hours of August 18 ruptured a natural gas pipeline, which forced the evacuation of approximately 60 households in a residential community of Tillsonburg, Ontario.
() (OTCQB:BKLLF) told investors Thursday that its media technology subsidiary Pressland, which is aimed at fighting fake news, was preparing for an alpha launch of its cloud-based platform. Brooklyn-based Pressland has now indexed and analyzed over 10 million articles, 2 million keywords and 200,000 writers. Pressland's platform uses proprietary software which, with machine learning, artificial intelligence (AI) and natural language, collects and analyzes the news media’s production data.
Corporation () (OTCMKTS:NWVCF), the makers of dehydrated Moon Cheese, posted fiscal third quarter results Thursday that showed revenue hit an all-time high. The company's results for the three months ended June 30 saw reported revenue of $10 million, nearly 50% more than the $6.7 million the company posted a year earlier.
Dunnedin Ventures Inc () told investors there was a chance of a major discovery at its MPD copper-gold porphyry project in British Columbia, Canada as it posted more encouraging sampling results. To prepare for an upcoming drill program this year, the Vancouver-based firm resampled two historic trenches in the Man area at the project and explored a broader, 25 sq km area that encompasses the historic Man, Prime and Dillard prospects.
Corp () reported a further increase in its exploration ground in the Asian country after new prospecting rights were approved by the government. The applications relate to the island of Kyushu - one of three of Japan's islands the firm is exploring, along with Hokkaido and Honshu.
Corp () (OTCMKTS:NUPMF) recently released drill results that “continue to impress,” research firm Roth Capital Partners said in a note Thursday. Results from a recent drill program at the company’s Silver Sand project in Bolivia revealed greater thickness and higher silver grades than previously determined, leading Roth to raise its price target for New Pacific to C$4.25 and maintaining a Buy rating on the stock.
(OTCMKTS:WLDCF) () announced that it has applied to the Canadian Securities Exchange for approval to extend the expiry dates of certain common share purchase warrants issued as part of a non-brokered private placement that closed its first tranche on September 12, 2017, and its second tranche on November 2, 2017. It said the expiry date of 6,095,238 common share purchase warrants issued on September 12, 2017, will be extended by one year to September 23, 2020; and the expiry date of 970,000 common share purchase warrants issued on November 12, 2017, will be extended by one year to November 23, 2020. All other terms and conditions of the warrants, including the exercise price of seven cents, remain unchanged, the group added.
, Inc. (), the leader in innovative pharmaceutically-produced transdermal cannabinoid therapies for rare and near-rare neuropsychiatric disorders, has announced the acceptance and presentation details of two posters at the 22nd Society for the Study of Behavioural Phenotypes (SSBP) Symposium. The meeting is being held at Aston University in Birmingham, UK on September 4 through September 6, 2019 and the posters will be viewable throughout both dates with the authors also available for additional discussion at the poster.
Inc (), which is developing leronlimab (PRO 140) for multiple therapeutic uses, announced Thursday that CEO Nader Pourhassan will present a corporate update at the RHK Capital 2019 Disruptive Growth Conference on September 4 in New York. He will discuss the potential to increase leronlimab’s half-life so that it may be able to be administered only once a month. The CEO also will discuss pre-clinical study results about the potential for leronlimab to reduce liver fibrosis, which is one of the clinical manifestations of non-alcoholic steatohepatitis (NASH). Pourhassan also will meet with interested conference attendees throughout the one-day event.
Bluebird Battery Metals Inc () said on Thursday that its president George Karageorge has resigned from his position with the Western Australian battery metals explorer. In a statement, Bluebird said it “wishes to thank Mr. Karageorge for his time and effort over the past few months.” The Vancouver-based company has assets in Western Australia. It recently acquired the Southern lithium project, which consists of nine granted exploration licences, three exploration licence applications and a granted prospecting licence with a total land area of 664 sq km.
Ltd () said the TSX Venture Exchange has accepted for filing documentation relating to the share purchase agreement, dated April 30, 2019, whereby the company has acquired the remaining 2% minority equity interest in Columbian exploration firm Minerales Camino Real S.A.S. According to the terms of the agreement, the company has agreed to issue 1.2 million common shares as consideration for the minority equity interest.
