NA Proactive news snapshot: Ideanomics, Arizona Silver, Newgioco, Explorex Resources UPDATE …

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

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Ideanomics Inc (NASDAQ:IDEX) provided an update on its partnership with the City of Qingdao in China and said its MEG Group subsidiary's ancilliary Qingdao Mobile New Energy Vehicle Sales Company, would open a flagship sales center in China’s eastern Shandong province. In a statement, the fintech company said the 100,000-square-meter facility in the City of Qingdao, will have a state-of-the-art sales and service center for new and used passenger and commercial electric vehicles, and on-site financing, insurance, and vehicle registration services. "In addition to generating many new jobs in Qingdao, our world class sales and service center will feature a full end-to-end customer experience with financing, insurance, vehicle registration, and maintenance all under one roof," said Dr Bruno Wu, who is the chairman of Ideanomics.

Arizona Silver Exploration Inc (CVE:AZS) (OTCMKTS:AZASF) closed the first tranche of a nearly C$1.1 million financing to further exploration at its Philadelphia and Ramsey properties in Arizona. The Vancouver-based company issued just over 6.5 million units priced at C$0.15 for gross proceeds of C$987,000 to date. It plans to issue a total of just over 7.3 million units, it said, including one whole warrant exercisable at C$0.22 per share for five years from closing. Due to expected lab results in the near future, the Company will close the financing in the coming days, it said.

Newgioco Group Inc (NASDAQ:NWGI) announced Tuesday it has formed a strategic alliance with United Tote Company to supply self-service betting terminals for the planned distribution of Newgioco's land-based retail sports betting channel throughout the US. “As we move to pivot our advanced ELYS sports betting technology from our regulated European operations into US-facing operations, we are pleased to have established a relationship with a reliable supplier that can deliver consistent quality betting terminals for distribution of our retail sports betting channel in the US,” said Newgioco CEO Michele (Mike) Ciavarella in a statement. "Similar to the proliferation of retail sports betting existing in many regulated countries, Newgioco firmly believes that the future of US sports betting will be built on a solid land-based foundation throughout the US.” 

Explorex Resources Inc (CSE:EX) (OTCMKTS:EXPXF) issued a financial update on Raffles Financial Private Limited, a financial services company based in Singapore it agreed to acquired via a reverse takeover late last year. For the three months ended December 31, the firm saw revenue of S$1.5 million (C$1.44 million) in revenue and S$335,320 (C$323,380) in comprehensive income. Raffles had total assets of S$7.4 million (C$7.14 million) and total liabilities of S$2.7 million (C$2.6 million). Explorex said it has arranged for auditor-reviewed interim financial statements of Raffles for the six month period ended December 31, 2019 to be made available to investors before its annual general and special shareholder meeting on March 9.

Zynerba Pharmaceuticals Inc (NASDAQ:ZYNE) will present data this week on use of its flagship Zygel CBD Gel to treat both autism spectrum disorder and the behavioral symptoms of Fragile X Syndrome. On Tuesday and Wednesday, the company will present at the American Society for Experimental Neurotherapeutics (ASENT) 2020 Meeting in Bethesda, Maryland. Zynerba will describe the baseline characteristics of the pediatric and adolescent patients in the fully-enrolled Phase 2 BRIGHT trial of Zygel in children and adolescents with autism spectrum disorder (ASD), indicating that the trial enrolled a broad population of patients with moderate-to-severe ASD.

Tonix Pharmaceuticals Holding Corp (NASDAQ:TNXP) on Tuesday closed on a $16,005,000 common stock registered direct offering. The company sold 14,550,000 shares of common stock at $1.10 per share. Following the offering, the company had an aggregate of 49,227,634 shares of common stock outstanding. Alliance Global Partners acted as sole placement agent for the offering. Tonix is developing an array of pharmaceutical products that take aim at neuropsychiatric conditions.

Effective at the opening, on March 11 the share purchase warrants of Millinnial Lithium Corp (CVE:ML) (OTCMKTS:MLNLF) will trade for cash. The warrants will expire March 13, and will therefore be delisted at the close of business on March 13. Trading in the warrants shall be for cash for the two trading days preceding the expiry date and also on expiry date. On the expiry date, trading shall cease at 12 pm ET and no transactions shall take place thereafter except with permission of the exchange.

EXMceuticals Inc (CSE:EXM) told shareholders Tuesday that it is in the final stages of planning for an industrial-scale cannabis extraction facility in Portugal.The Vancouver-based company is building the operation to distribute medical cannabis ingredients for cannabis-based compounds and active pharmaceutical ingredients. It is “actively exploring” a memorandum of understanding with one of the largest North American producers of extracts to ensure the refinery will be operating at capacity when it opens its doors, the firm said in a release.

American Battery Metals Corporation (OTCMKTS:ABML) executives said in a press release Tuesday that institutional investors are waking up to the reality that long-term lithium demand is going to dramatically increase and that the company is positioned to be a key US player. "The market is starting to realize that while there's enough lithium to meet today's short-term demand, overall demand will quadruple in this decade," CEO Doug Cole said. "Advanced extraction techniques are also required to shorten the time from the mining of such materials to them being deployed into the supply chain — and the process must also be environmentally-friendly and sustainable." The Nevada company’s battery recycling program takes in lithium-ion batteries and extracts lithium, cobalt, nickel, copper and aluminum to redeploy them for other uses in batteries.

Phunware Inc (NASDAQ:PHUN) announced Tuesday that it has appointed well-known American internet project developer and Wikipedia co-founder Larry Mark Sanger, to its advisory board. Sanger coined the name of the internet encyclopedia Wikipedia and wrote much of its original governing policy. Sanger has also worked on other online educational websites such as Nupedia, Citizendium, Everipedia and the Encyclosphere.

CleanSpark Inc (NASDAQ:CLSK) announced Tuesday the shipment of its intelligent switchgear to support the new US Embassy in Beirut, Lebanon.  Also, the Utah-based company said that its fiscal year-to-date revenues through February 29 exceeded $3.6 million -- which is a 467% year-over-year increase. CleanSpark makes software that allows an energy microgrid to be scaled to the user's specific needs and implemented across commercial, industrial, military and agricultural sectors. 

Co-Diagnostics Inc (NASDAQ:CODX) has accepted an invitation to give a presentation on its coronavirus detection test at the 27th Annual Molecular Medicine Tri-Conference taking place this week in San Francisco. CEO Dwight Egan will give a presentation titled "COVID-19 Coronavirus Emergency Response Test Development Utilizing Co-Diagnostics CoPrimer Technology," at the event, which is being put on by Cambridge Healthtech Institute. The presentation comes less than a week after cases of the coronavirus were found in California for the first time, according to the Los Angeles Times.

Fireweed Zinc Ltd (CVE:FWZ) (OTCMKTS:FWEDF) announced Tuesday a major boost for its flagship Macmillan Pass property in Yukon, with the striking of an agreement in principle worth C$71 million to upgrade roads in the area. The Yukon government and the Ross River Dena Council (RRDC) First Nation has reached an agreement in principle as part of the so-called Yukon resource gateway project, said Fireweed. It includes bridge replacement and safety improvements on the North Canol Road and resurfacing of 59.5km of the Robert Campbell Highway.The North Canol Road is the access road to the firm's Macmillan Pass project, while the Robert Campbell Highway is part of the route from the site to a shipping port.

Helix Technologies Inc (OTCMKTS:HLIX) continues to expand the business as the tech group announced that it has extended two Government contracts in New York and North Dakota and will deploy two new services in Arkansas and New Mexico. The states of New York and North Dakota have chosen to extend the contract for the firm's traceability software, the company said in a statement. In addition, Arkansas and New Mexico have now also upgraded to Helix's Biotrack advanced patient registry solution, including online application and approval, and mobile patient ID cards.

True Leaf Brands Inc (CSE:MJ), the global cannabis and hemp wellness brand for pets, posted fiscal third-quarter results Thursday that saw significant revenue driven by a strong response to the company’s expanded range of plant-focused pet care products. For the fiscal third quarter 2020 period ended on December 31, 2019, the Vernon, British Columbia-based company reported revenue from global sales totalling C$491,040.

Black Iron Inc (TSE:BKI) (OTCMKTS:BKIRF) said it is making good progress in its bid to secure an investment from steel mills and commodity traders to help fund first phase construction of its Shymanivske project in Ukraine in exchange for offtake rights. The firm is looking for a group to fund a "meaningful amount" of the expected US$452 million required and a number have started discussing and proposing commercial terms, the resource group said in a statement.

XPhyto Therapeutics Corp (CSE:XPHY) is launching a new infectious disease program to address the demand for antiviral treatments, it said Tuesday. The company’s German subsidiary Vektor Pharma TF GmbH is kicking off a number of research and development programs related to infectious disease treatment and detection. Research programs will focus on using cannabis compound cannabigerol (CBG) to treat bacteria and plant pigment quercetin’s virus-fighting properties.

Nemaura Medical Inc (NASDAQ:NMRD), the maker of the sugarBEAT continuous glucose monitor, said Tuesday that it has launched its sugarBEAT app for Android devices on the Play Store to prep for the launch of the company’s BEAT diabetes subscription based service expected next month. "We believe that the launch of our app is a big step towards our commercial milestones, and we are looking forward to launching the BEAT diabetes subscription service shortly during Type 2 Diabetes Prevention Week in the UK. This is a very exciting time in our company’s development,” said Nemaura CEO Faz Chowdhury in a statement. “The sugarBEAT app includes time-in-range profiling features which we believe is rapidly being adopted as the primary metric for managing individual daily blood glucose profiles," he added.

Helix Technologies Inc (OTCMKTS:HLIX) continues to expand the business as the tech group announced that it has extended two Government contracts in New York and North Dakota and will deploy two new services in Arkansas and New Mexico. Helix's technology provides critical infrastructure services, helping owners and operators of licensed cannabis businesses stay competitive and compliant while mitigating risk.

Ximen Mining Corp (CVE:XIM) (OTCMKTS:XXMMF) has further expanded its ground in the Greenwood camp in British Columbia - with the acquisition of a gold-copper property from Saville Resources Inc (CVE:SRE). The project, which includes the past-producing Morrison mine, lies close to Ximen's property, 4 km northwest of Greenwood, and consists of six mineral claims covering 380.6 hectares, the firm said in a statement.

Ximen Mining Corp (CVE:XIM) (OTCMKTS:XXMMF) said the TSX Venture Exchange has accepted for expedited filing documentation relating to its property acquisition agreement, dated February 14, 2020, with Klondike Gold Corp under which the company will acquire a 100% interest in all of Klondike's British Columbia properties totalling 98 minerals claims covering 4,171 hectares and one Crown-granted mineral claim of 8.7 hectares. In consideration, the company will issue to Klondike one million shares and one million warrants to purchase one million shares at a price of 45 cents per share for a 24-month period, and make a cash payment of $100,000.

Capstone Turbine Corporation (NASDAQ:CPST) announced Tuesday that it has achieved its first significant win under its new direct sales initiative. The California company signed a new national account agreement with IP Innovative Power GmbH of Berlin and received an initial order for 20 C65 microturbines. Deliveries are expected to begin in late March and conclude by October this year. 

NexTech AR Solutions Corp (CSE:NTAR) (OTCMKTS:NEXCF) announced its February financial results on Friday that showed revenue nearly three-times higher than the same month in 2019. The company brought in $685,000 in revenue last month with a gross profit margin of 66%, or $450,000, representing increases of 184% and 271%, respectively.

Royal Road Minerals Limited (CVE:RYR) formalized its agreement with Mineros SA in the form of a strategic alliance to explore for gold in Colombia, it told shareholders on Tuesday. The Toronto-based company and Mineros, a Colombian gold exploration firm, will focus on the Guintar and Niverengo concessions and its Margaritas title application, collectively known as the GNM project, in Antioquia District, Colombia. The two companies first announced their intent to work together in December 2019. Royal Road’s CEO Tim Coughlin said the firm was “pleased” to have finalized the definitive agreement for the strategic alliance with Mineros in Colombia. 

Harvest One Cannabis Inc (CVE:HVT) (OTCMKTS:HRVOF) announced that revenue for the last six months of 2019 increased slightly year-over-year. The company brought in $5.8 million in revenue as of December 31, compared to $5.4 million in 2018. Harvest One said its cultivation division was negatively affected by some setbacks such as reduced provincial orders. But the company noted that “our consumer division continued to show steady results with 11% revenue growth over the previous quarter.” The company also provided an update on its strategic plan to refocus its core strengths of product development, brands and distribution, while also committing to significant cost reductions and a targeted approach to capital investment

HighGold Mining Inc (CVE:HIGH) (OTCMKTS:HGGOF), the North America-focused explorer, has added Anne Labelle, a geologist and lawyer, to the board as a director. Labelle has been dealing with mineral exploration and development for 25 years. She is the president and CEO of Sterling Green Law Corp, a law firm she founded in 2014.

Genprex, Inc. (NASDAQ:GNPX), a clinical-stage gene therapy company developing potentially life-changing treatments for cancer and other serious diseases, has announced it will be presenting at the third annual LD Micro Virtual Conference on Wednesday, March 4 at 1:40pm EST. Genprex’s chairman and chief executive officer, Rodney Varner, will lead the company’s presentation and will be answering questions from investors. Chris Lahiji, president of LD Micro commented: "While virtual events will never replace the experience of sitting in the same room as other humans, it is a great format for updating the investor community and getting increased exposure." The conference will be held via webcast and will feature more than 40 companies in the small/micro-cap space.

Thunderbird Entertainment Group Inc. (CVETBRD) (OTCMKTS:THBRF), a global, multi-platform entertainment company with offices and production facilities in Vancouver, Los Angeles, Ottawa, and Toronto, also said it will be presenting at the third annual LD Micro Virtual Conference on Thursday, March 4 at 11:20 AM PST / 2:20pm EST. Thunderbird's Chairman of the Board Brian Paes-Braga, will deliver a presentation and a short question and answer period will follow. Paes-Braga commented: "One of Thunderbird's main 2020 objectives is to introduce our special company to a broader investor group, with a particular focus in the U.S., as we continue to implement our unique strategy to capitalize on the transformational shift in content consumption.”

VolitionRx Limited (NYSEAMERICAN:VNRX) said its executive vice president, Investor Relations, Scott Powell, is scheduled to present at five conferences in March 2020. During the conferences, Dr. Powell will outline Volition's business, clinical, regulatory and operational milestones, as well as the Company's recently announced annual results. Details of the conference presentations are as follows: Oppenheimer 30th Annual Healthcare Conference on Tuesday, March 17, 2020 at the InterContinental New York Barclay Hotel, New York; BTIG MedTech, Digital Health, Life Science & Diagnostic Tools Conference on Thursday, March 19, 2020 at The Cliff Lodge, Snowbird, Utah; Investor Summit on Wednesday, March 25, 2020 at the J.W. Marriott Essex House New York, New York; Sidoti & Company Spring 2020 Investor Conference on Thursday, March 26, 2020 at The Marriott Marquis, New York, NY, and the Veyo Partners Emerging Growth Spring Invitational on Thursday, March 26, 2020 at The Cornell Club, New York.

Additionally, Volition announced that its compensation committee has approved the issuance of a warrant to purchase up to 50,000 shares of Volition common stock to the chief scientific officer of its wholly-owned subsidiary, Volition America, Inc., Theresa Kelly, as a material inducement to her commencing employment. The warrant has an exercise price of $3.45 per share and is exercisable commencing September 1, 2021 (subject to continued employment through such date) with an expiration date of March 1, 2026.

Social Life Network, Inc. (OTCMKTS:WDLF), announced that it will hold a shareholder call on Tuesday March 31, to include an update on their 2019 Form 10-K filing and the 2020 growth plans of the firm’s wholly-owned subsidiary, MjLink.com. The live shareholder video stream is scheduled for after the close of trading at 1:30pm PT/4:30pm ET and will be held by Ken Tapp, Social Life’s CEO, and Mark DiSiena, CFO, and Todd Markey, president of MjLink.com. Tapp commented: "With the launch of our latest streaming technology this year, which meets the new 5G standards, we have mapped out an aggressive plan to onboard the hundreds of public cannabis and hemp companies that use on our social networks, so they too can present their own shareholder updates through our streaming service each quarter.". Individuals interested in watching the live shareholder presentation may do so by visiting www.SocialNetwork.ai and a recording of the video stream will be available on the Social Life Network website for those unable to watch the live stream, beginning March 31 at approximately 2:30pm PT/5:30pm ET.

Marrone Bio Innovations Inc. (NASDAQ:MBII), an international leader in sustainable bio-protection and plant health solutions, said it will release financial results for the fourth quarter and full-year ended December 31, 2019, after the market close on Thursday, March 12 at 4:30pm Eastern time. It added that management will host an investor conference call at 1:30pm PST (4:30pm EDT) on March 12, 2020 to discuss the financial results, provide a corporate update, and conclude with a Q&A from participants. The details are: US Dial-in: 1-888-220-8451; International Dial-in: 1-323-701-0225; Conference ID: 3434674, webcast: http://public.viavid.com/index.php?id=138332

eWellness Healthcare Corporation (“eWellness”, “EWLL”, “the Company”), a provider of the state of the art PHZIO platform for the digital physical therapy (“PT”) and telehealth markets announced today that it has released an updated version of its Digital PreHabPT Orthopedic Treatment Platform at the 4th Annual Interdisciplinary Conference on Orthopedic Value-based Care 

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