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NA Proactive news snapshot: Genprex, Allot, Ximen Mining, RYAH Medtech UPDATE ...

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

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Your daily round-up from the world of Proactive

Genprex Inc (NASDAQ:GNPX), a company developing non-viral delivery for gene therapy in cancer treatments, said Monday that a recently published scientific paper shares its confidence in the safety of non-viral options.  In a statement, the firm noted that the paper, published by researchers in Australia, Spain and Austria, presented data from a biomolecule-metal-organic framework in zeolitic imidazolate framework-8 — read: non-viral — and found it to work as a viable vehicle for gene delivery and intracellular transfection.

Allot Ltd’s (NASDAQ:ALLT) Mobile Network Security operations are a “growth engine” that could help propel the company to significant revenue increases over the next few years, according to analysts at Frost & Sullivan. The comment came as the research firm initiated coverage of the Israeli network intelligence and security company on Sunday, issuing a price target of $12 for the stock. The Frost & Sullivan analysts said they expect revenue growth from each of Allot’s two primary offerings: Network Intelligence and Network Security.

Ximen Mining Corp (CVE:XIM) (OTCMKTS:XXMMF) told shareholders on Monday that it is starting metallurgical testing on the Kenville Gold Mine in British Columbia. The work will be completed in conjunction with Golden Dawn Minerals Inc (CVE:GOM), the company said in a statement. Kenville is expected to produce gold-bearing material from planned mine development and bulk sampling within the coming year, Ximen told investors.

RYAH Medtech Inc has issued a report on chronic pain and cannabis, noting that pain is the fourth most popular reason medical cannabis patients seek treatment.  In a statement on Monday, the company said the report - which was based on data taken from RYAH’s propriety data pool - also showed that slightly more men than women treat their pain with cannabis. Types of pain treated included migraines and headaches, general pain, arthritis and inflammation and fibromyalgia. 

Globex Mining Enterprises Inc (TSX:GMX) (OTCMKTS:GLBXF) has said it is pleased by news that the Rocmec 1 gold property in Quebec is set for production again and generating royalty revenue. The company holds a 5% net metal royalty on the first 25,000 ounces of gold produced from Romec 1 and a 3% net metal royalty on all subsequent gold production from the property, which is owned by Nippon Dragon Resources Inc.

American Battery Metals Corporation (OTCMKTS:ABML) has named Ryan Melsert its chief technology officer, the company announced Monday.  According to a statement, Melsert is the former research and development manager for Tesla Inc's (NASDAQ:TSLA) Gigafactory battery materials processing division. He will also head up American Battery Metals’ battery metal extraction and battery recycling divisions -- a position he just assumed last month after leaving the electric car maker. At Tesla, Melsert founded and led a cross-functional team of mechanical and chemical engineers who implemented first-principles design to develop novel first-of-kind systems for the extraction, purification, and synthesis of precursor and active battery materials.

TruTrace Technologies Inc (CSE:TTT) (OTCMKTS:TTTSF) announced Monday that it will collaborate with Sigma Analytical Services on genetic testing for cannabis.  Both companies have entered into a letter of intent to establish a strategic working relationship, TruTrace said in a statement.  The company said it plans to include Sigma Analytical as a genetics verification and testing partner in its blockchain-secured traceability ecosystem, and the parties will explore development and integration opportunities to expedite testing processes in the cannabis and hemp industries.

Nordic Gold Inc (CVE:NOR) announced Monday that it had finalized an agreement with Pandion Mine Finance, a critical step in returning the exploration company to positive cash flow. The Vancouver-based company said it had settled its outstanding C$63.4 million liability for a total consideration of US$24.6 million payable over the following 24 months. The move is a key step in enabling Nordic Gold to restarting production at its Laiva mine in Finland.

HighGold Mining Inc (CVE:HIGH) was among three new issuers, which listed on the Toronto Venture Exchange in September. The mining group is a spin-out from Constantine Metal Resources Ltd (CVE:CEM) (OTCMKTS:CNSNF) and has two wholly-owned projects in the well-established mining jurisdictions of Alaska and Timmins, Ontario.  Shares debuted on September 23 at C$0.90 and are today at C$1.12, and increase of around 24%. Aside from the mining firm, two capital pool companies, Daura Capital and A-Labs Capital IV Corp also listed on the Toronto Venture Exchange last month.

Bluebird Battery Metals Inc. (CVE:BATT) announced that Leigh Hughes has resigned as a director and chairman of the board of the company.

Proactive Research analyst Ed Stacey has published a note on BevCanna Enterprises Inc (CNSX:BEV) in which he concludes that BevCanna is “a highly differentiated and scalable company, and a compelling opportunity”.

Biocept Inc (NASDAQ:BIOC), a liquid biopsy provider, announced Monday that a peer-review journal published validation results showing the high sensitivity of its Target Selector testing for EGFR, BRAF and KRAS mutations in plasma circulating tumor DNA (ctDNA).  The company said the article was published in the journal PLOS ONE this month and will also be included as part of a special collection of topical articles entitled Targeted Anticancer Therapies And Precision Medicine In Cancer.

Harvest One Cannabis Inc (CVE:HVT) (OTCMKTS:HRVOF) has earned a cannabis cultivation license from Health Canada for phase one of its Mission Road facility in British Columbia.  The Mission Road facility is located next to an existing Harvest One cultivation operation in Duncan, British Columbia on Vancouver Island. With the Health Canada license in tow, the company can immediately begin cultivation at the site, which it expects to triple its production level in Duncan, once fully completed.

Mirasol Resources Ltd (CVE:MRZ) (OTCMKTS:MRZLF) announced Monday it has signed a definitive agreement with First Quantum Minerals (TSE:FM) for its Coronación Copper/Gold Project in northern Chile. The project was generated by Mirasol as part of its ongoing Atacama-Puna generative program, further confirmation of Mirasol’s ability to attract quality partners on prospective exploration projects, the company said in a statement. Under the terms of the agreement, Mirasol granted to First Quantum the option to earn-in 80% of the project over six years by making annual cash payments totaling US$875,000, completing at least 10,000 meters of drilling and delivering a NI 43-101 compliant pre-feasibility study report.

EnWave Corporation (CVE:ENW) (OTCMKTS:NWVCF) is ramping up production of its Moon Cheese line of snacks.  The company announced Monday that its subsidiary NutraDried Food Company LLC plans to install a third large-scale 120 kiloWatt Radiant Energy Vacuum, to bolster its production capacity.  Moon Cheese, a dehydrated cheese rock snack, is sold at more than 25,000 distribution points in North America, including Starbucks, Costco, Whole Foods, Publix, Target, and Wegmans

PreveCeutical Medical Inc (CSE:PREV) (OTCMKTS:PRVCF) announced Monday that it has received a tax credit from the Australian government to support further development of the pharmaceutical company’s research and development program. The Vancouver-based company received a cash refund of nearly A$617,000 from the Australian Taxation Office’s Research and Development Tax Incentive Program. PreveCeutical is studying its Sol-gel nose-to-brain drug delivery system and non-addictive pain medication at the University of Queensland in the country.

Gold Resource Corporation (NYSEAMERICAN:GORO), the precious metals miner, has reached commercial production at its Isabella Pearl gold mine in Nevada, just 16 months after breaking ground at the site.  Gold output has been ramping up at the mine since the first dore bar was produced in late April this year, while September production totaled more than 2,000 ounces of the yellow metal, the firm said, which means it reached positive operational cash flow during the month.

Gevo, Inc. (NASDAQ:GEVO) announced on Monday that it has supplied sustainable aviation fuel (SAF) for aircraft general aviation’s largest tradeshow to further support carbon neutrality goals in the aviation industry. In a statement, the leading renewable fuels and chemicals manufacturer said its customer and global fuel supplier, Avfuel Corporation, has partnered with fixed-base operator, Avflight Salina at Salina Regional Airport and Henderson Executive Airport to provide SAF for aircraft headed to the Business Aviation Convention & Exhibition (BACE) in Las Vegas, Nevada beginning October 17.

Blackrock Gold Corp (CVE:BRC) revealed that a fully funded 2,000 metre (m) drill program has started at the Silver Cloud project in Nevada. Initial work consists of core drilling, with four holes planned to follow up on past high-grade intercepts reported by Teck Resources Limited (NYSE:TECK), including 158g/t gold over 1.5m, and by Placer Dome, which found 5.5g/t of the yellow metal over 12m. Modelling by the firm suggests historic high-grade intercepts may be associated with an east-west vein system rather than the north-south system that guided previous interpretations and shows potential for five veins within the Silver Cloud vein zone.

Great Panther Mining Limited (NYSE:GPL) (TSE:GPR) reported increased production figures during the fiscal third quarter thanks to an optimized Tucano gold mine and record levels from its Topia silver operation. Overall production of gold equivalent ounces from Tucano in Brazil and two Mexican mining operations, including Topia, increased by 270% since 3Q 2018.  The Vancouver-based company produced over 47,000 gold equivalent ounces during the quarter compared to 12,800 over the same period a year prior.

Millennial Lithium Corp (CVE:ML) (OTCQB:MLNLF) announced Monday another key milestone in the evolution of its flagship Pastos Grandes lithium project in Argentina with the granting of a federal fiscal stability certificate, which outlines the tax regime for the property over the next 30 years.  The main feature of the document is the reduction of the corporate income tax rate from 30% to 25% with effect from the beginning of next year, noted the Vancouver-headquartered firm.

RNC Minerals (TSE:RNX) (OTCMKTS:RNKLF) unveiled strong production rates from its Beta Hunt and Higginsville mines in Western Australia, saying 8,239 ounces of the yellow metal was produced last month (September).  It was the third consistent rate of output and brings total gold production for the third quarter this year to 24,216 ounces.

Nordic Gold Inc (CVE:NOR) announced Monday that it had finalized an agreement with Pandion Mine Finance, a critical step in returning the exploration company to positive cash flow. The Vancouver-based company said it had settled its outstanding C$63.4 million liability for a total consideration of US$24.6 million payable over the following 24 months. The move is a key step in enabling Nordic Gold to restarting production at its Laiva mine in Finland

Azarga Metals Corp (CVE:AZR) told investors that a 6,000 meter core drilling program had kicked off at its Unkur copper and silver project in the Zabaikalsky province in Russia's Far East following the completion of a geophysical survey.  Unkur already boasts an inferred resource of 62 million tonnes of material at 0.53% copper and 38.6 g/t silver, or 91g/t silver equivalent. Notably, the project is open in both directions along strike and also down dip.

eWellness Healthcare Corporation (OTCMKTS:EWLL),  a provider of the state of the art PHZIO platform for the physical therapy and telehealth markets, announced Monday that it is has hired two senior healthcare executives to focus on the $4 billion North American Musculoskeletal (MSK) Treatment Market and Northern California Large Scale Healthcare Networks.  In a statement, the company said it has appointed Tom Oyan as Vice President of Enterprise Solutions to lead its launch into the Self-Insured Corporation’s MSK treatment market.  In addition, the group said, Patricia Erle-Bergman has been hired as Vice President of Digital Health where she will be focusing on large scale healthcare providers located in Northern California.

Royal Road Minerals Limited (CVE:RYR) reported positive final exploratory drilling results Monday from its Caribe gold project in north-eastern Nicaragua.  Located in the country’s highly prospective Golden Triangle region, the Caribe project is part of the strategic alliance agreement between Royal Road and Hemco Mineros Nicaragua, a subsidiary of Colombia's Grupo Mineros SA.

MjLink.com Inc. a wholly owned subsidiary of Social Life Network, Inc. (OTCMKTS:WDLF), announced last Friday that Ambria Capital as a Sponsor of their MjMicro Conference in Beverly Hills on October 16 at the Sofitel Hotel. Ambria Capital is a San Juan, Puerto Rico based asset manager that invests into emerging public and private companies in the legal cannabis, hemp and CBD industries which was founded in 2019 by a team of investment professionals with decades of success in the small cap markets.

Humanigen, Inc. (OTCMKTS:HGEN), a clinical stage biopharmaceutical company focused on the development of next generation cell and gene, announced that Dr. Cameron Durrant, its chairman and chief executive officer, will present live at VirtualInvestorConferences.com on Thursday, October 10, 2019 from  2:00 -2:30 PM ET. This will be a live, interactive online event where investors are invited to ask the company questions in real-time, but 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.

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