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NA Proactive news snapshot: Pacific Empire Minerals, Empower Clinics, New Pacific Metals, Agile Therapeutics 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

Pacific Empire Minerals Corp (CVE:PEMC) (OTCMKTS:PEMSF) told shareholders it completed a four-hole drill program at the Pinnacle project in British Columbia. CEO Brad Peters thanked the crew for successfully completing the winter drill program in challenging conditions and said the firm looked forward to picking up drilling again in the coming year. Results from the four holes drilled at Pinnacle are expected to become available in January 2020.

Empower Clinics Inc (CSE:CBDT) (OTCMKTS:EPWCF) said Thursday that it has inked an agreement with Endocanna Health, a partly owned subsidiary of Heritage Cannabis Holdings Corp (CSE:CANN) (OTCMKTS:HERTF), to licence and distribute its Endo.dna test kits through its network of clinics. In May, Empower acquired the physician-staffed Sun Valley wellness clinics which have over 165,000 patients. In a statement, Vancouver-based Empower said the kits would be a “standard offering” in the Sun Valley Health franchise program.

New Pacific Metals Corp (CVE:NUAG) (OTCMKTS:NUPMF) said Thursday that it had increased its land package at the Silver Sand property with six new hectares immediately north of the project.The Vancouver-based company told shareholders it acquired a 100% interest in a Special Temporary Authorization, or ATE, on the package for a one-time payment of US$200,000 to the concession’s former owners.The new package of six hectares will total around half of a square kilometre once it is consolidated to concessions called ‘cuadriculas’ and converted to mining administrative contract with Bolivian regulators, New Pacific said.

Agile Therapeutics Inc (NASDAQ;AGRX), a women’s healthcare company, has scheduled a presentation at Biotech Showcase 2020 on January 14 at the Hilton San Francisco Union Square. CEO Al Altomari will be presenting, starting 10 am PST. To access live and archived webcasts of the presentation, visit the Investor Relations section of the New Jersey company’s website at www.agiletherapeutics.com. The webcast will be archived on the Agile Therapeutics website for 60 days following the event.

Mirasol Resources Ltd (CVE:MRZ) (OTCMKTS:MRZLF), the project generator, said it was eyeing results next year from ongoing drilling program at Gorbea in Chile as well as from its trenching program at Los Amarillos, also in the South American country. It came in a statement, in which Mirasol revealed that Hochschild Mining Plc had informed it of the decision to terminate the option agreement for the Indra Project in Chile. In October this year, Mirasol said it had completed a six-hole, 1,685 metre (m) reverse circulation drill program on the Indra property in Chile, under the option to the joint venture agreement with Hochschild Mining. The program was targeting the depth extension of the carbonate veins mapped and sampled at surface. Assays were received and no mineralization was encountered, it said.

BevCanna Enterprises Inc (CSE:BEV) (OTCMKTS:BVNNF) is boosting its intellectual property portfolio with the addition of water-soluble cannabinoid powder DepperGreen. The Vancouver-based company announced Thursday that it had exercised its option to acquire the right, title and interest to DeeperGreen, which is developed by California-based Greener Frontiers. The two companies signed an agreement in April 2019 to develop ready‐to‐drink cannabis‐infused beverages, with BevCanna holding the option to acquire all the intellectual property of Greener Frontiers related to their technology for water‐soluble cannabis powder.

Pressure BioSciences Inc (OTCMKTS:PBIO) reported third quarter results before the bell Thursday that highlighted surging growth in consumable product and scientific services revenue. The producer of pressure-based instruments saw sales of its pressure cycling technology (PCT) platform exceed $100,000 in a quarter for the first time, a 158% increase — more than double — year over year. “A significant portion of this accelerating growth came from scientists working in cancer research centers worldwide,” CEO Richard Schumacher said in a statement. “These researchers use PBI’s PCT platform in studies focused on improving cancer diagnostics, prognostics, therapeutics and prevention.” 

BioCorRx Inc (OTCMKTS:BICX) provided a year-end business update on how it is working to create a naltrexone implant, BICX102, to help people kick their addiction to opioids and alcohol and moving the ball along the regulatory pathway. In a statement, BioCorRx CEO Brady Granier said 2019 was a “transformative year” for the company as it achieved a number of major milestones. In a positive sign, BioCorRx recently received a $5.7 million grant from the National Institute on Drug Abuse (NIDA) for the development of BICX102. It will last two years, which the company says will fund the research through the development of the implant and some early testing.

BevCanna Enterprises Inc (CSE:BEV) (OTCMKTS:BVNNF) is boosting its intellectual property portfolio with the addition of water-soluble cannabinoid powder DepperGreen. The Vancouver-based company announced Thursday that it had exercised its option to acquire the right, title and interest to DeeperGreen, which is developed by California-based Greener Frontiers. The two companies signed an agreement in April 2019 to develop ready‐to‐drink cannabis‐infused beverages, with BevCanna holding the option to acquire all the intellectual property of Greener Frontiers related to their technology for water‐soluble cannabis powder.

Capstone Turbine Corporation (NASDAQ:CPST), the maker of clean-energy microturbines, announced Thursday that its Model C200 and C1000 systems are now certified under the Australian Interconnection Standard. “Certification to the Australian standard is a significant accomplishment for our organization as the Australian certification comes on the heels of certifications for California and the United Kingdom,” said CEO Darren Jamison in a statement. “These multiple certifications demonstrate the strength of our inverter-based technology to meet the growing needs of our global customer base, and for the network operators. Capstone is well-positioned to provide the resiliency necessary, especially in regions like California, to power through planned and unplanned utility outages.” The certification means Capstone can now provide its customers with compliance to the latest connection standards required in every Australian State and Territory.

Intermediate African gold producer Endeavour Mining Corp (TSE:EDV) (OTCMKTS:EDVMF) has urged FTSE 250 London-listed Centamin PLC (LON:CEY) to request an extension from the Takeover Panel to allow Endeavour to make a firm offer to buy the miner.  As revealed on December 3 this year, Endeavour lodged an all-share bid for Centamin, saying the merger would “strongly benefit both sets of shareholders due to the compelling long-term value creation opportunity" but Centamin unanimously rejected the takeover approach. Under English takeover law, Endeavour has until the end of December 31 this year to make a firm offer for Centamin’s assets. Endeavour, though, says it has insufficient time before the current "put up or shut up" deadline of the end of this year to complete due diligence and asked Centamin to request an extension to January 31 next year.

AgraFlora Organics International Inc (CSE:AGRA) (OTCMKTS:AGFAF) revealed Thursday that it is designing two onsite farm-gate cannabis retail outlets next to its sprawling facilities in Scarborough and London, in Ontario. In a statement, the Vancouver, British Columbia, company said a 1,200 square foot farm-gate retail facility will come up next to its 37,000 square foot licensed cultivation and processing facility in Scarborough, which lies on nearly 16 acres of land. Similarly, another 690 square foot farm-gate retail facility will adjoin its 8,000 square foot London, Ontario AAA Heidelberg-licensed craft cannabis cultivation facility. The move will give the company greater control over the seed-to-sale process.

Weekend Unlimited Inc (CSE:POT) (OTCMKTS:WKULF) CEO Chris Backus published an end-of-year letter to shareholders on Thursday outlining the company’s progress in his first seven months as the head man and putting forth his plans for future revenue generation. Backus emphasized three “focal points for advancement” for Weekend: branded product growth in the US, an online CBD shop and Northern Lights Organics as a Canadian revenue generator.

Tinka Resources Limited (CVE:TK) (OTCMKTS:TKRFF) gained a new strategic investor in Peruvian precious metals producer Compañia de Minas Buenaventura SAA (NYSE:BVN), the company announced Thursday. Buenaventura, which operated a number of mines in Peru, is taking nearly 66 million shares of Vancouver-based Tinka at C$0.243 per share, netting Tinka C$16 million in proceeds. The funds will be used towards the development of Tinka’s flagship Ayawilca property in the zinc-lead-silver belt of central Peru.

LexaGene Holdings Inc (CVE:LXG) (OTCMKTS:LXXGF) CEO Dr Jack Regan said Thursday the company is ending 2019 “with a bang.” In a letter to shareholders recapping the year, he called the year “tremendous and transformative” for the company that's developing genetic analyzers for pathogen detection and other molecular markers for on-site rapid testing. He said LexaGene is working on finalizing the design of its commercial unit and will soon start manufacturing its flagship LX Genetic Analyzer for rapid pathogen detection, with an anticipated commercial launch in June 2020.

HighGold Mining Inc (CVE:HIGH) revealed its flagship Johnson Tract gold project in Alaska continues to show its potential credentials, as the company reported a new discovery in the Footwall zone. Thursday's assays come from the last two holes of a completed nine-hole drill program, which showed an expansion to the high-grade mineralization at the JT deposit and a new silver-copper-zinc rich vein system in the footwall. "What makes it all the more encouraging is that the discovery was made during a first-pass drill program focused on deposit confirmation and expansion. Equally important, this step-out drilling has expanded the thickest and highest-grade portion of the JT Deposit, which remains open along strike and at depth," said  HighGold president and chief executive Darwin Green.

Phuneware Inc (NASDAQ:PHUN), a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide, says its Executive Team will be attending CES 2020 from January 7-10 in Las Vegas, Nevada. CES attracts business leaders and pioneering thinkers from around the world. “Companies across every major industry are using technology to transform their businesses, and this event acts as the global stage for the latest innovation across industries,” said CEO Alan Knitowski. “We’re excited to meet with innovators and thought leaders to explore how Phunware's platform can better engage new and existing customers, while driving profitable behavior.”

Progressive Planet Solutions Inc (CVE:PLAN), the zeolite-focused mining group, said that with effect from market open on December 20, its common shares will begin trading on the TSX Venture Exchange on a consolidated 1:3 basis, namely one new share for three old ones. The name of the company has not been changed, it added in a brief statement.

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