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NA Proactive news snapshot: Azarga Metals, Dyadic International, Social Life Network UPDATE …

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

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Azarga Metals Corp (CVE:AZR) announced late Friday that it notified Baker Steel Resources Trust Limited of its plans to exercise its option to pay the semi-annual interest on its $3 million in convertible debt in the form of shares of stock. The interest owed as part of the first payment on October 12 was C$88,227, which equates to just over 1.4 million shares at a price of $0.06 per share, the stock’s closing price on October 11.

Dyadic International Inc (NASDAQ:DYAI) Chief Commercial Officer Matthew Jones hailed President Donald Trump’s executive order to modernize influenza vaccines and said Monday that it would promote new technologies to improve vaccine manufacturing and could be a shot in the arm for the company.  Founded in 1979, Jupiter, Florida-based Dyadic engages in the large-scale manufacture of low-cost enzymes and other proteins for markets in the United States and Europe.

MjLink.com Inc. a wholly owned subsidiary of Social Life Network, Inc. (OTCMKTS:WDLF) has announced Flower One Holdings (OTCMKTS:FLOOF) will be a Featured Presenter at its upcoming MjMicro Conference on October 16. Flower One Chief Strategy Officer Kellen O'Keefe will speak to investors and analysts about the company’s operations in Nevada, which include a 400,000 square-foot greenhouse and 55,000 square-foot production facility for cannabis cultivation. The MjMicro Conference will be held at the Sofitel Hotel in Beverly Hills.

Gevo Inc (NASDAQ:GEVO), the next generation “low-carbon” fuel company, announced Monday it will host a conference call on November 12 at 4:30 pm EST to report its third-quarter financial results that ended September 30 and provide an update on recent corporate highlights. To participate in the call, please dial 1 (888) 771-4371 (inside the US) or 1 (847) 585-4405 (outside the US) and reference the access code 49061026#. A replay of the call and webcast will be available two hours after the conference call ends on November 12.

The OTC Markets Group Inc’s (OTCMKTS:OTCM) Virtual Investor Conferences announced Monday that presentations from the Monthly Investor Conference on October 10 are now available for on-demand viewing at the website VirtualInvestorConferences.com. The companies that participated included Duos Technologies Group Inc (OTCMKTS:DUOT), Neo Lithium Corp (CVE:NLC) (OTCMKTS:NTTHF), Humanigen Inc (OTCMKTS:HGEN) and 1933 Industries Inc (CSE:TGIF) (OTCMKTS:TGIFF).

Analysts at Dawson James Securities initiated coverage on Dyadic International Inc (NASDAQ:DYAI) with a Buy rating citing the effectiveness of the biotechnology company’s C1 gene expression platform. In a note to clients, Dawson James analyst Jason H Kolbert said the Jupiter, Florida, biotechnology company’s C1 platform specializes in enzymes and protein production more “efficiently than competing methods.” “Starting out as a gene expression platform for the production of commercial quantities of industrial enzymes and proteins, C1 has proven to have the ability to produce greater quantities of enzymes and proteins in large quantities with high priority all while maintaining a relatively low cost,” said Kolbert. The analyst set a $14 price target for Dyadic which currently trades in the $6.61 range.

MjLink.com Inc, a subsidiary of Social Life Network Inc (OTCMKTS:WDLF), announced that American Toker will be a featured presenter at its upcoming MjMicro Conference in Beverley Hills on October 16. American Toker founder CEO Steve Berke will speak to investors and analysts about the lifestyle cannabis brand which has over 800,000 followers on social media. The company is expected to launch its first line of branded joints in Los Angeles in the first quarter of 2020. The MjMicro Conference will be held at the Sofitel Hotel in Beverly Hills.

MjLink.com Inc also announced that Truth Enterprises Inc will be a Featured Presenter at its upcoming MjMicro Conference on October 16. Truth CEO Ross Haley will speak to investors and analysts about the company’s operations in California, which includes a two-acre farm and a 55,000-square-foot cannabis facility in the Sacramento Valley. Its Puff and Simply Cannabis brands sell in one-third of dispensaries in the state.

 

 

Quick facts: Dyadic International Inc

Price: 5.98 USD

NASDAQ:DYAI
Market: NASDAQ
Market Cap: $162.12 m
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Dyadic International makes strong start to 2019 with further deals and...

Dyadic International Inc's (OTCMKTS:DYAI) Ping Rawson speaks to Proactive's Andrew Scott while at the Spring Investor Summit 2019 in New York City. The Jupiter, Florida-based biotechnology platform company, engages in the development, and large scale manufacture of low-cost enzymes and...

on 2/4/19

4 min read