Great Panther Mining Limited (TSE:GPR) (NYSEAMERICAN:GPL) said Friday that all its operations and offices have implemented “travel restrictions, monitoring and response plans” to reduce the risk of the coronavirus pandemic. In a statement, the exploration company said it continues to hold “the health and safety of its people and host communities as a top priority.” “To date, these measures have not impacted the company's operating mines in Mexico and Brazil and there are no confirmed or suspected cases of COVID-19 across the company's corporate offices and mining operations,” said the company. Great Panther owns an operating gold mine in Brazil and two operating primary silver mines in Mexico. It also owns two mines on care and maintenance, one in Mexico and one in Peru.
Humanigen Inc (OTCMKTS:HGEN) told investors it wants to carry out a Phase III clinical trial for its lenzilumab to treat so-called cytokine storm, which can lead to acute respiratory distress syndrome (ARDS), which is associated with the current coronavirus pandemic, sending shares surging. Clinical trials of lenzilumab in patients with the virus will begin upon approval by relevant regulatory authorities, Humanigen said in a statement.
Pure Gold Mining Inc (CVE:PGM) (LSE:PUR) said Friday that development at its Red Lake mine project is continuing as normal in response to the coronavirus pandemic. The Vancouver-based company is building the high-grade Pure Gold Red Lake Mine, which is targeting first gold production in late 2020. The firm said it has implemented preventative measures at the site as well as in its corporate offices to safeguard the health of its employees and ensure operations continue effectively.
Arizona Silver Exploration Inc (CVE:AZS) (OCTMKTS:AZASF) announced Friday that drilling on its 100%-owned Philadelphia high-grade gold-silver vein property in Arizona hasn’t been hampered by the coronavirus outbreak and “continues to move forward in a timely manner". In a statement, the company said it has completed eight of the 11 reverse circulation (RC) holes previously permitted on the property. “We are encouraged with our findings as we move along strike of the high-grade vein system,” Arizona Silver said.
Ideanomics Inc (NASDAQ:IDEX) said Friday that its electric vehicles subsidiary MEG Group has announced that sales operations are tipped to begin from its flagship 100,000 square meter sales and service center in China’s eastern Shandong province on May 1. In a statement, the fintech company noted that the ultra-modern Qingdao-MEG Sales Center - now branded as the Mobile Energy Group Center - received development funding from the Chengyang business district of the city of Qingdao which allowed for the creation of the electric vehicle (EV) exposition center. Ideanomics said its Mobile Energy Global division will be joined at the site by “more than 20 partners” ranging from electric vehicle manufacturers, battery makers, energy storage, energy management, and EV charging solutions providers. The sales and service center for new and used electric vehicles will also boast on-site financing, insurance, and vehicle registration services, the company said.
Harvest One Cannabis Inc (CVE:HVT) (OTCMKTS:HRVOF) said Friday that its board has appointed Andy Bayfield, the company’s current chief commercial officer as its interim CEO, replacing Grant Froese who has resigned. In a statement, the company said that Bayfield will start immediately as its temporary boss and will also be appointed to the company's board of directors. At the same time as Bayfield’s appointment, the group has also appointed Frank Holler, currently chairman of its board, to the position of executive chairman.
Mirasol Resources Ltd (CVE:MRZ) (OTCMKTS:MRZLF) said Friday that it has temporarily suspended field activities at its projects in Chile and Argentina to ensure the safety of its employees during the coronavirus pandemic. In a statement, Mirasol's CEO Norm Pitcher said the company had implemented “precautionary measures” at all its offices with staff working remotely to keep non-field activities, including business development opportunities, moving forward.
OTC Markets Group Inc (OTCQX:OTCM) said it has reviewed the Securities and Exchange Commission’s grant of regulatory relief regarding certain filing obligations by companies affected by the coronavirus (COVID-19) and has decided to provide similar conditional filing relief to companies. “We have determined to provide similar accommodations for qualifying companies that make public information available pursuant to the Alternative Reporting Standard (ARS), the Bank Reporting Standard, or the International Reporting Standard through OTC Markets’ OTC Disclosure & News Service,” the group said in a letter to companies.
NetCents Technology Inc (CSE:NC) (OTCMKTS:NTTCF) announced Friday that it has completed the technical integration of the NetCents Cryptocurrency Credit Card. The implementation of the credit card program into the NetCents ecosystem includes integration into User Wallets, NC Exchange, and Instant Settlements, the company said in a statement. NetCents added that it has begun testing in real-world environments for edge-case scenarios - the final step before publicly launching the program.
Co-Diagnostics Inc (NASDAQ:CODX) is ramping up sales of its two-hour Logix Smart COVID-19 Test in the US after the company successfully completed a clinical evaluation. The company is able to increase domestic sales to labs and others thanks to a recent change in US Food and Drug Administration (FDA) policy allowing companies to begin sales of coronavirus tests while awaiting FDA clearance under Emergency Use Authorization (EUA).
In a separate statement, PreCheck Health Services Inc (OTCMKTS:HLTY) said it has ordered and paid for 37,500 of Co-Diagnostics' COVID-19 tests and has received the first 7,500 test kits to start filling orders for the product. PreCheck said it believes Co-Diagnostics’ test "is the most accurate test" to detect the presence of the COVID19 infection.
Ximen Mining Corp (CVE:XIM) (OTCMKTS:XXMMF) has told investors it will start work at the Kenville gold mine project in British Columbia in preparation for mining now that it has completed a series of acquisitions in the area. The firm wants to breathe new life into the former mine, which reportedly produced 65,236 ounces of gold and 27,686 ounces of silver between 1889 and 1956.
Great Bear Resources Ltd (CVE:GBR) (OTCMKTS:GTBDF) is continuing with drilling at its flagship Dixie project in Red Lake, Ontario amid the coronavirus outbreak, while new operational procedures have been implemented to limit infection. "Great Bear does not operate a camp and is benefitting from the logistical advantages of the Dixie project's location adjacent to the highway just outside of Red Lake Ontario," Chris Taylor, the group's CEO said in a statement.
mCloud Technologies Corp (CVE:MCLD) (OTCMKTS:MCLDF) told shareholders it has filed its amended and restated financial statements for 3Q 2019 to support its prospectus filing from November 2019. The amended filings are required by the British Columbia Securities Commission to support the short form prospectus, the Vancouver-based company said in a statement. The filing is a result of the company completing its preliminary purchase price allocation related to the acquisitions of Agnity Global Inc and Autopro Automation Consultants Ltd, according to Chantal Schutz, mCloud's executive vice president and CFO.
Auryn Resources Inc. (TSX:AUG), (NYSEAMERICAN:AUG) said it has filed its 2019 annual report on Form 40-F with the United States Securities and Exchange Commission, which includes its annual information form, management discussion and analysis and audited financial statements for the year ended December 31st, 2019. As required by Section 610(b) of the NYSE American Company Guide, the company noted that the audit report from its independent registered public accounting firm included a going concern emphasis of matter that was attributable to its working capital and accumulated deficits as at December 31st, 2019. It said the working capital deficit has been addressed subsequent to December 31, 2019 through the completion of the company's C$15 million private placement of common shares, which has placed the company in a strong balance sheet position with positive working capital.
GoviEx Uranium Corp (CVE:GXU) said the TSX Venture Exchange has accepted for filing documentation with respect to its non-brokered private placement, announced on February 13, 2020, which will see the issue of 15,333,334 shares at a purchase price of 15 cents each, plus 15,333,334 share purchase warrants at an exercise price of 20 cents for a five-year period, with three placees.