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NA Proactive news snapshot: Thunderbird Entertainment, Humanigen, Biocept, NexTech AR Solutions UPDATE …

Last updated: 17:00 23 Sep 2020 EDT, First published: 09:45 23 Sep 2020 EDT

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Thunderbird Entertainment Group Inc (CVE:TBRD) (OTC:THBRF) released a statement Wednesday celebrating the premieres of its Fall 2020 and Winter 2021 content lineup, which includes seven new and returning, animated, scripted and factual series. The company is launching seven new and returning series with a host of broadcasters and streaming partners, including Disney+, Netflix, Peacock, Nickelodeon, CBC and Discovery Canada. The new episodes, including some of the largest-ever season orders for Thunderbird shows, continue to grow the company's library of award-winning content and speak to the company's presence as a highly-acclaimed global studio, the company said.

Humanigen Inc (NASAQ:HGEN) announced Wednesday a strategic collaboration with Thermo Fisher Scientific Inc (NYSE:TMO), designed to boost the manufacturing capacity for its potential coronavirus (COVID-19) drug lenzilumab. The company is making a big push with the hopes of getting Emergency Use Authorization (EUA) from the US Food and Drug Administration (FDA) this year. The new multi-year manufacturing partnership is another jolt to the company’s production efforts, coming on the heels of recently announced partnerships with Lonza and Catalent.

Biocept Inc (NASDAQ:BIOC), a leading commercial provider of liquid biopsy tests, said Wednesday it has won a Japanese patent for its Primer-Switch technology. The patent provides intellectual property protection for the Primer-Switch technology, which is useful for the detection of rare mutations, including cancer biomarkers, found in tissue, blood and cerebrospinal fluid using circulating tumor DNA (ctDNA) analysis through real-time PCR and associated analysis methods, including next-generation sequencing (NGS). Biocept said the patent is the third issued for the Primer-Switch technology as the company pursues worldwide patent protection for the technology.

NexTech AR Solutions Corp (OTCQB:NEXCF) (CSE:NTAR) revealed on Wednesday that the company won $900,000 in new bookings for its popular video conferencing and virtual events platform InfernoAR. In a statement, the company said the InfernoAR video conferencing and virtual events business scooped the new deals between September 1-22. The InfernoAR platform gained traction with organizations like FenDigital, Soitec, Alamos Gold, and Quartz. It also won new business from repeat customers like Bell Canada, Ryerson University, Carnegie Mellon University, Boehringer among others.

Ideanomics Inc (NASDAQ:IDEX) announced Wednesday it is bringing on hydrogen energy expert Dr Liqing Hu as the chief scientist for Medici Motor Works. Hu will lead the Medici Research Institute and manage a fuel cell research and development team in China, the New York-based company told shareholders. With extensive experience in developing and applying fuel cell technology in industrial settings, Hu completed his postdoctoral research in China before working for Ballard Systems in Canada. Prior to joining Medici, Hu and his team designed and developed fuel cells for over 30 major projects on a national level in China.

Japan Gold Corp (CVE:JG) (OTCQB:JGLDF) revealed that its alliance with Barrick Gold Corp (NYSE:GOLD) has acquired the Kanehana project, which comprises 40 new claims and covers seven historic gold mines. The asset spans 12,431 hectares and adjoins the west side of the firm's Ikutahara project on the Japanese island of Hokkaido.

Pacton Gold Inc (CVE:PAC) (OTCPINK:PACXF) has commenced drilling at the Sidace gold project in Red Lake, Ontario. Phase I of the 11,500 meters (m) drill program will continue through the winter and will be completed in the spring of 2021, the company said in a statement Wednesday. Paxton said drilling will test extensions of the Main Discovery, Upper Duck and Anderson zones, with an initial focus on the Main Discovery Zone. Sidace is an advanced gold project with three distinct zones of mineralization and more than 80,000m of historic drilling. Pacton is partnered with Evolution Mining Ltd (ASX:EVN) on the Sidace project and is the current operator.

Lexaria Bioscience Corp (OTCQX:LXRP)(CNSX:LXX), a global innovator in drug delivery platforms, announced Wednesday it has purchase-order commitments for about 4.4 million CBD servings of its patented DehydraTECH-enabled CBD powders. In a statement, the company added that the CBD servings were processed during its fiscal first quarter of 2021, which ends November 30, 2020. Lexaria also said it has received verbal requests from existing licensees to prepare its facilities to produce at least 56 million servings during the calendar year 2021. So far, about 1.2 million CBD servings already have been processed in fiscal 4Q ended August 31, 2020, along with some 700,000 CBD servings during the company's fiscal Q3 ended May 31, 2020. A serving generally ranges from 10 milligrams (mg) to 20mg of CBD each, utilizing the company's DehydraTECH patented processes.

Mind Medicine (MindMed) Inc (NEO: MMED)(OTCQB: MMEDF) said Wednesday it is unaware of any material change in operations that would account for a recent increase in market activity. The psychedelics company made the disclosure at the request of IIROC and on behalf of the NEO Exchange, according to a release. 

Valeo Pharma Inc.(CSE:VPH) (OTCQB:VPHIF) (FSE:VP2), a Canadian specialty pharmaceutical company,  announced on Wednesday that the company has qualified to trade on the OTCQB market, which is the venture market in the United States. The Montreal-based company’s shares have started trading on the OTCQB under the symbol "VPHIF." The company will continue to list its shares on the Canadian Securities Exchange (CSE). "The listing of our shares on the OTCQB is part of our strategy to broaden our shareholder base with the addition of US institutional and retail investors while increasing liquidity for all our shareholders," said Valeo Pharma CEO Steve Saviuk.

CytoDyn Inc (OTCQB:CYDY), which is developing its flagship drug leronlimab (PRO 140) to battle multiple diseases, said Wednesday that its Phase 2 study of leronlimab for mild-to-moderate coronavirus (COVID-19) patients has been selected for an oral presentation at the upcoming "Special isirv-Antiviral Conference on Therapeutics for COVID-19.” The three-day conference starting on October 6 is sponsored by the UK-based International Society for Influenza and other Respiratory Virus Diseases.

International Montoro Resources Inc (CVE:IMT)(FRA:O4T1) told investors Wednesday that it has acquired the high-grade Slip and Victoria Lake gold projects in an area of central Newfoundland, which is potentially becoming a district scale camp. Both projects lie within the so-called Exploits Subzone and the 3,700 hectare Slip asset lies 17.5 kilometers northwest of New Found Gold's (CVE:NFG) Queensway project, which boasts historic drill intercepts of 92.96 grams per ton (g/t) gold over 19 meters and a high-grade historic gold resource of 78,000 ounces averaging an impressive 10.3 g/t. The Victoria Lake gold-silver property spans 2,900 hectares and is 18km west of Marathon Gold's (TSE:MOZ) Valentine Lake - a more than 4 million-ounce gold deposit.

Thoughtful Brands Inc (CSE:TBI) (OTCQB:PEMTF) said Wednesday it has completed a non-brokered private placement, raising $600,000. The Vancouver-based company said it anticipates utilizing the proceeds to settle outstanding debts, invest in a joint venture in Europe and to compensate certain consultants. As previously reported, $350,000 of the offering will be invested in a joint venture with Franchise Cannabis Corp. The JV is expected to launch Franchise products in Europe, using the company's advanced eCommerce capabilities.

CleanSpark, Inc. (NASDAQ:CLSK) revealed Wednesday that it has received a contract to provide intelligent switchgear upgrades and support for a US Embassy located on the African continent. Under the agreement, the diversified software and services company will service the paralleling switchgear controls at the Embassy for a term of 5 years including upgrades to the equipment. Additionally, the company will provide technical and online support to Embassy personnel.

First Cobalt Corp (CVE:FCC) (OTCQX:FTSSF) has said it is confident that cobalt will remain a critical material in electric vehicle battery production for at least another ten years, despite Tesla’s Battery Day proclamation that it will produce cobalt-free batteries. In a statement, First Cobalt CEO Trent Mell called Tesla’s decision to manufacture its own batteries a “harbinger of things to come” for the electric vehicle industry. Responding to the highly-anticipated Battery Day staged by the electric vehicles (EV) manufacturer on Tuesday, Mell said that the company’s move to build its batteries in-house was a warning to other EV companies on the strategic importance of controlling supply chains.

Viscount Mining Corp. (CVE:VML) (OTCQB:VLMGF) said it has hired Godbe Drilling for its upcoming drill program at Silver Cliff, Colorado, a firm which was first engaged for its 2016 drill campaign and is very familiar with Silver Cliff. The company is in the final planning stages of preparing for a drill program at Silver Cliff, Colorado, where we have an open-pit resource which it expects to expand. Viscount said it will be continuing to drill with the objective of adding to the Arseneau Consulting Services (ACS) resource estimate of the Kate Silver Resource/Kate deposit as well as moving forward on the evaluation of resource potential on three other areas of historic deposits at Silver Cliff.

Mawson Gold Limited (TSX:MAW) (FRA:MXR) (OTCPINK:MWSNF) has announced the filing of an independent technical report with an effective date of September 14, 2020, entitled "Rajapalot Property Mineral Resource Estimate" for the company's 100%-owned Rajapalot Property in Finland. The NI 43-101 Technical Report was authored by Rod Webster of AMC Consultants Pty Ltd of Melbourne, Australia, and Dr Kurt Simon Forrester of Arn Perspective of Surrey, England. The report can be found on the company's website at www.mawsongold.com. The company also announced the filing with the Canadian securities regulatory authorities of its audited Consolidated Financial Statements for the year ended May 31, 2020, and related Management's Discussion and Analysis and its Annual Information Form for the year ended May 31, 2020.

BetterLife Pharma Inc.(CSE:BETR) (OTCQB:BETRF) (FRA:NPAT) an emerging biotech company, announced that it has filed a Form 211 application with the Financial Industry Regulatory Authority (FINRA) to request permission to quote and resume trading of its securities on OTC Markets. Following its recent merger with Altum Pharmaceuticals, BetterLife made certain material changes to its business plan and strategy moving forward, specifically the development and testing of AP003 as a potential treatment against the coronavirus. As a consequence, the company filed a Form 211 with FINRA to begin the process of updating information under Exchange Act Rule 15c2-11. Rule 15c2-11 requires market makers to review issuer information prior to publishing quotations for that issuer's securities. The company said it expects that its shares will resume trading in the US on OTC Markets as soon as FINRA provides clearance. BetterLife has also secured DTC eligibility by the Depository Trust Company for its shares traded on the OTC Markets.

Ximen Mining Corp (CVE:XIM) said the TSX Venture Exchange has accepted for filing the company's proposal to issue 800,000 shares to settle outstanding debt for $400,000 with one creditor.

Steppe Gold Limited (TSX:STGO) has reported the results of its 2020 annual general meeting of its shareholders held on September 22, 2020, in Ulaanbaatar, Mongolia. The group said the re-election of all its directors were overwhelming approved, and MNP LLP were reappointed to serve as the independent auditors of the company for the ensuing year.

OTC Markets Group Inc. (OTCQX: OTCM), the operator of financial markets for over 11,000 U.S. and global securities, has announced that Altus Strategies PLC (LON:ALS) (CVE:ALTS) (OTCQX:ALTUF), a precious metal focused royalty generator with a focus on Africa, has qualified to trade on the OTCQX Best Market and has today upgraded from the OTC Pink market. Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their US investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the US To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws. Steven Poulton, chief executive of Altus, commented: "Altus is a precious metal focused royalty generator with a number of notable institutional and retail shareholders who are based in the US. OTCQX is the highest tier of the OTC Market and we are delighted to be admitted to trading as a means of increasing our visibility to prospective investors and provide them with the opportunity to participate in our continued progress."

OTC Markets Group also announced that Tinybeans Group Ltd (ASX:TNY) (OTCQX:TNYYF), a Sydney and New York-based social media platform, has qualified to trade on the OTCQX Best Market and has today upgraded from the OTC Pink market. Eddie Geller, chief executive Officer of Tinybeans commented: "We are pleased to enable US investors to trade our shares in the American market. OTCQX provides sponsored real-time quotes for U.S. investors, without the imposition of significant additional costs. We are thrilled to offer now our very large membership base in the US an easier way to invest in the Company as we execute our growth strategy."

And OTC Markets Group also announced that A2Z Smart Technologies Corp. (CVE:AZ) (OTCQX:AAZZF), an Israel based technology company, has qualified to trade on the OTCQX Best Market nd has today upgraded from the OTCQB market.Bentsur Joseph, A2Z Smart Technologies Corp's CEO commented: "We are very honored to have qualified to OTCQX which will allow our shareholders to trade their shares on such a prestigious platform. This is another milestone that we are proud to achieve in our unwavering dedication to provide shareholder value for our investors."

Valeo Pharma Inc. (CSE:VPH) (FRA:VP2), a Canadian specialty pharmaceutical company, has announced that it will report its financial results and highlights for the third quarter ended July 31, 2020, on Tuesday, September 29, 2020, after market close. Valeo also said it will host a conference call to discuss those results and highlights on Wednesday, September 30, 2020, at 8.30am ET. The telephone numbers to access the conference call are: 1-888-231-8191 and 647-427-7450. An audio replay of the call will be available. The numbers to access the audio replay are: 1-855-859-2056 and 416-849-0833 using the access code 1046109. A live audio webcast of the conference call will be available via: https://produceredition.webcasts.com/starthere.jsp?ei=1375529&tp_key=0d874383f9

Exro Technologies Inc. (CVE:EXRO) (OTCQB:EXROF), a leading technology company which has developed a new class of power electronics for powertrains, has announced that it will be participating in the Gravitas Clean Technology Investor Day taking place Thursday, September 24, 2020 virtually. Exro's chief executive officer, Sue Ozdemir, is scheduled to present on at 10.45am PST and will also be fielding investor questions during the one-day virtual conference hosted by Gravitas Securities. "I am looking forward to sharing our growth strategy with investors at the Gravitas Clean Technology Investor Day," Ozdemir said. "With our proof of concept for the 100V Coil Driver to be delivered by Q4 2020, the Gravitas Clean Technology Investor Day is an ideal venue to communicate our progress to investors." The Gravitas Clean Technology Investor Day will feature several leaders in clean technology and will be attended virtually by institutional and retail investors from North America and abroad. For additional details about the conference, investors can visit: https://us02web.zoom.us/webinar/register/WN_i1vemWmqRt-UxzrWO6fIpw

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