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NA Proactive news snapshot: BevCanna Enterprises, Ipsidy, NetCents Technology, Benchmark Metals UPDATE …

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BevCanna Enterprises Inc (CSE:BEV) (OTCMKTS:BVNNF) announced Wednesday that it had struck a deal to acquire Exceler Holdings Ltd, giving the infused beverage company a stronger foothold in Europe and Asia. The Vancouver-based company will acquire all of the issued and outstanding shares of Exceler, an arm’s length private British Columbia corporation, in exchange for two million BevCanna shares. The agreement gives BevCanna access to Exceler’s multiple distribution points across Europe and Asia ahead of the launch of its CBD beverage products in the European Union.

Ipsidy Inc (OTCQB:IDTY), a mobile biometric identity solutions provider, has joined the Temenos MarketPlace, which comprises some of the world’s leading banks and financial institutions. The Temenos MarketPlace is a platform that easily and quickly connects banks to innovative technologies. It’s operated by Temenos AG, a global banking software provider to over 3,000 financial institutions, including 41 of the world’s top 50 banks. With the addition of its IDaaS platform, Ipsidy said Temenos MarketPlace clients now will have access to the Ipsidy suite of mobile biometric identity solutions, which deliver seamless protection across the digital identity lifecycle: from identity verification during customer onboarding to strong multi-factor authentication and transaction consent.

NetCents Technology Inc (CSE:NC) (OTCQB:NTTCF) announced Wednesday that its cryptocurrency platform is now integrated into the banking Automated Clearing House (ACH) for US-based merchant payments. The ACH system lets approved parties transfer money with no added costs, compared to a traditional bank wire product. The move streamlines the process and eliminates costs associated with US merchant payouts, both sending and receiving.

Benchmark Metals Inc (CVE:BNCH) (OTCQB:CYRTF) has kicked off its 50,000 metre drill program in the Toodoggone region of British Columbia, it announced Wednesday The Edmonton-based company is pursuing the largest drill program in the region. In the current program, Benchmark will focus new drilling on resource expansion and definition drilling where it sees potential to convert existing targets into a multi-million-ounce gold-silver mineral resource estimate. Drilling will also test new exploration targets with anomalous geological features. The company will have five drill rigs turning and anticipates results from late July to December, 2020, according to Benchmark CEO John Williamson.

Talon Metals Corp (TSE:TLO) (OTCMKTS:TLOFF) said it is set to begin geophysical work at its Tamarack nickel-copper-cobalt project, in Minnesota in the US, in a bid to identify more high-grade drill targets outside the resource area. In a statement on Wednesday, the group said the Minnesota Department of Natural Resources (MDNR) has granted the company the permit required for the work.

Newgioco Group Inc (NASDAQ:NWGI) announced Wednesday that it has integrated the sports betting trading system, Oddsmatcher Matched Betting into its Elys Gameboard betting platform. The company, through its Italian subsidiary Multigioco Srl, said it has reached an exclusive agreement with Guadagno Matematico Srl (GM), which operates the Oddsmatcher system. Guadagno Matematico translates to “mathematical gain.” The system may offer Newgioco players a competitive advantage and should drive customer engagement and activations, the company said. It is expected to go live on June 30, 2020, through

NexTech AR Solutions Corp (CSE:NTAR) (OTCQB:NEXCF) has inked a contract to provide its web-based augmented reality (WebAR) technology solutions to O2 Canada, a supplier of medical grade silicone sealed face masks which have a reusable filter that can last up to two weeks. The Toronto-based augmented reality specialist will initially supply O2 Canada with its advanced cross-platform cross-browser WebAR solutions. In a statement, NexTech AR Solutions CEO Evan Gappelberg said the company was “excited” to sign up O2 Canada to its Web AR platform enabling them to showcase their products in rich, photo realistic 3D/AR.

Arcadia Biosciences Inc (NASDAQ:RKDA), which focuses on enhancing the quality and nutritional value of crops and food ingredients, has said it is expected to join the small-cap Russell 2000 Index in late June. The Davis, California-based company which is engaged in pioneering work on crop improvement said Wednesday that its elevation to the index will occur when markets open on June 29 after the Russell US indexes are reconstituted. Arcadia Biosciences noted that membership in the Russell Microcap Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes.

Auryn Resources Inc (TSE:AUG) (NYSEAMERICAN:AUG) has said it is excited to be getting back to work in Peru now that restrictions due to the coronavirus pandemic have been lifted by the government. The explorer outlined plans for its Curibaya and Sombrero projects, where it is primarily concentrating on the permitting process. “We are looking forward to the second half of 2020, which will be busier as we resume exploration and permitting efforts at both our Curibaya and Sombrero projects,” Ivan Bebek, the group’s executive chairman said in a statement.

Weekend Unlimited Inc (CSE:POT) (OTCQB:WKULF) is eyeing revenue of C$112,452 and a 22% gross profit after it received two record purchase orders for a total of 20,000 of its Orchard Heights vape cartridges in Oklahoma, USA. The orders come from both a new and an existing customer, the recreational cannabis and CBD wellness company said. “We are very excited to receive purchase orders of this size which show the market that our brands in Oklahoma extend far beyond entry level; but rather are becoming one of the market leaders,” Weekend CEO Chris Backus said in a statement.

InnoCan Pharma Corporation (CSE:INNO) has signed a letter of intent (LOI) with its largest shareholder, Tamar Innovest Ltd, to supply its coronavirus treatment research collaboration with naturally-sourced CBD. A formal agreement between the parties would see Tamar supply CBD to Ramot, the business engagement center at Tel Aviv University, which is working with InnoCan to develop what it is calling CBD-loaded exosomes to help treat coronavirus and other central nervous system indications. Exosomes are small vesicles created when stem cells are multiplied that can target and help repair damaged cells. 

Kodiak Copper Corp (CVE:KDK) (OTCMKTS:OCPFF) has released plans for the 2020 drill program at its MPD project that will follow up on the highest-grade copper-gold interval reported on the property. The Phase II program is designed to expand significant mineralization at the newly discovered Gate zone and drill testing similar copper-gold mineralization found in historic holes in the nearby Dillard area. Located in southern British Columbia’s prolific Quesnel Trough, MPD is a large land package that covers a copper and gold producing belt and has easy access to infrastructure. The land was evaluated and staked by Kodiak’s chairman Chris Taylor, who is known for his exploration success with Great Bear Resources (CVE:GBR).

Ozop Surgical Corp (OTCPINK:OZSC) said its subsidiary Power Conversion Technologies Inc has submitted a sole source bid to supply one of the world’s largest defense contractors with power converter units for naval automatic weapons systems. The company expects to hear back on its bid within 60 days and ultimately receive a purchase order. A sole source bid indicates that PCTI is the only supplier capable of delivering the required product. “Our reputation is built on our ability to meet the exacting standards of mission-critical systems when other vendors cannot,” PCTI President Catherine Chis said in a statement. “We’re happy that this defense contractor has again turned to us for an innovative custom solution for this unique application.”

GGX Gold Corp (CVE:GGX) (OTCMKTS:GGXXF) has outlined this year’s exploration plans for its flagship Gold Drop project in the famous Greenwood mining camp in British Columbia, where drilling, trenching, and rock sampling is due to kick off this month Targets identified for this year include the C.O.D. vein area, the Rhoderick Dhu area, the Gold Drop mine area, GGX said in a statement on Wednesday. The firm also told investors that there will be further testing of the geophysical anomaly that was identified by air in 2019.

Ideanomics Inc (NASDAQ:IDEX) said its Mobile Energy Global (MEG) subsidiary has secured an order from Jiangsu Journey Network Technology Co Ltd (Jiudao Group) for electric vehicles.  Operating in over 100 cities in China, Jiudao Group is a new energy transportation services provider offering passenger and commercial EV rentals and charging solutions with an integrated payment platform. The order is for a total of 400 EVs valued at US$5.1 million, Ideanomics said in a statement.  

Blackrock Gold Corp (CVE:BRC) has kicked off a fully-financed 7,000 metre (m) drilling program at its Tonopah West project in the famous Walker Lane trend of Nevada. The Tonopah area is one of the most significant silver-gold districts in North America and generated 174 million ounces (Moz) of silver and 1.8 Moz of gold between 1900 and 1950. This initial campaign from Blackrock will consist of up to 7,285 metres in 16 reverse circulation (RC ) holes primarily targeting strike and dip extensions of well-defined historic veins, the group said.

PreveCeutical Medical Inc (CSE:PREV) (OTCQB:PRVCF) said it has successfully developed standard operating procedures (SOPs) for the chemical fingerprinting of cannabinoids in the extracts used to formulate its proprietary Sol-gels for potential therapeutic applications. The company said Wednesday that this advancement will enable a standardized preparation of cannabinoid extracts for infusion in its Sol-gel formulations, ensuring robust cannabinoid chemistry profiling for potential treatments to meet or exceed regulatory guidelines. By adopting the new SOPs, PreveCeutical said it and potential partners will be able to rapidly and consistently control the quality of the chemical composition of cannabinoids from any given cannabis/hemp strain.

Namaste Technologies Inc (CVE:N) (OTCMKTS:NXTTF) announced Wednesday that Meni Morim has resigned as a director of Choklat Inc, a private company in which Namaste holds a 49% equity interest. As part of its initial investment in Choklat in March 2019, Namaste was granted the right to appoint a director to the Choklat board. The group said Morim had resigned due to disagreements between him and the management of Choklat. The cannabis company said it will not exercise its right to name another director to the Choklat board at this time as it evaluates its investment in Choklat, a craft chocolate manufacturer that has a processing license from Health Canada to produce a line of cannabis-infused chocolate bars, drink mixes and sugar. Additionally, Namaste’s subsidiary, CannMart Inc, has delivered notice to Choklat advising that it has terminated its existing purchase order with Choklat.

RNC Minerals (TSX:RNX) announced that with effect from Wednesday, June 17, 2020, its common shares and warrants will commence trading on the Toronto Stock Exchange under the corporation’s new name, Karora Resources Inc., and its new trading symbols “KRR” and “KRR.WT”, respectively. The shareholders of the corporation overwhelmingly approved the name change at its annual and special meeting of shareholders held on June 11, 2020, and the name change is effective as of June 15, 2020.

Progressive Planet Solutions Inc (CVE:PLAN) said the TSX Venture Exchange has accepted for filing the company’s proposal to issue six million bonus warrants to an insider, George David Richardson in consideration of acting as a guarantor for two loan facilities totalling $300,000. Each warrant is exercisable into one common share at five cents, with two million warrants having a one-year term and four million warrants having a three-year term.

First Mining Gold Corp. (TSX:FF) (OTCQX:FFMGF) (FRA:FMG) has announced the voting results from the company’s annual general meeting of shareholders held virtually in Vancouver on June 16, 2020. The group said a total of 235,125,295 common shares of First Mining were represented at the 2020 AGM, representing 37.73% of the company’s outstanding common shares as at the record date of April 30, 2020. Shareholders voted in favour of all matters brought before the meeting. All five director nominees listed in the company’s management information circular dated May 6, 2020, were elected.

Medexus Pharmaceuticals Inc. (CVE:MDP) (OTCQB: PDDPF) announced that it plans to host a conference call at 8.00am Eastern Time on Tuesday, June 23, 2020, to discuss the company’s financial results for the fiscal year-ended March 31, 2020, as well as its corporate progress and other developments. The company expects to file its financial statements along with its MD&A post-market on June 22, 2020. The conference call will be available via telephone by dialing toll-free 844-369-8770 for Canadian and US callers or +1 862-298-0840 for international callers, or on the company’s Investor Events section of the website: A webcast replay will be available on the Investor Events section of the website through September 23, 2020. A telephone replay of the call will be available approximately one hour following the call, through June 30, 2020, and can be accessed by dialing 877-481-4010 for Canadian and U.S. callers or +1 919-882-2331 for international callers and entering conference ID: 35423.

Story by ProactiveInvestors


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