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NA Proactive news snapshot: Emmaus Life Sciences, Mednow, New Pacific Metals, Boosh Plant-Based Brands, Therma Bright, CULT Food Science ...

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Emmaus Life Sciences Inc (OTCQX:EMMA) reported its 3Q financial results that showed the company generated revenue of $5.8 million, up 3% from the $5.6 million it posted during the same period last year. The results showed the company is progressing its efforts to expand access to Endari, the firm’s prescription L-glutamine oral powder for the treatment of sickle cell disease. According to the life sciences company, the revenue growth was driven primarily by increasing market acceptance of Endari in the US, and partially offset by discounts afforded customers on bulk orders.

Mednow Inc (TSX-V:MNOW, OTCQB:MDNWF) said it has signed a two-year investment agreement to acquire the license and exclusive distribution rights of TruDiagnostic in Canada. Under the agreement, Mednow said it paid a one-time licensing fee of US$150,000 to TruDiagnostic for access and use of the TruDiagnostic Technology and TruDiagnostic Platform for the development, importation, use, marketing, sale, and distribution of the Epigenetic Testing Kits. Mednow said its strategy is to develop a digital interdisciplinary model of care, anchored in pharmacy and supported by telemedicine and complementary health care services. Having the exclusive distribution rights of TruDiagnostic in Canada will enhance Mednow’s approach to provide a full spectrum health care ecosystem, as the company intends to continue to build a holistic approach to patient care.

New Pacific Metals (TSX:NUAG, NYSE:NEWP) Corp has posted its unaudited third-quarter results that demonstrated its strong financial position to advance its flagship Silver Sand project, Carangas Project and other regional exploration initiatives in Bolivia. For the period ended September 30, 2021, the Vancouver, British Columbia-based precious metal exploration and development company reported it had working capital of $41.70 million. The company’s operating expenses for the quarter totaled $1.60 million, compared to $1.52 million in the 3Q of 2020. Meanwhile, the net loss for the quarter was $1.38 million, or $0.01 per share, compared to a net loss of $1.13 million, or $0.01 per share in the corresponding period a year earlier.

Boosh Plant-Based Brands Inc (CSE:VEGI, OTC:VGGIF) has announced that Sonya Looney — a World Champion Professional Mountain Biker — will be its keynote speaker during the Planted Expo, Canada’s largest plant-based consumer show on November 20 and 21 at the Vancouver and Conventional Centre West. Looney attributes becoming a World Champion Mountain Biker after shifting to a plant-based diet. She has won the toughest endurance races on the planet, racing in 25 countries including Nepal, Morocco, Mongolia, Haiti, Sri Lanka, and Colombia. Boosh is gearing up for its role as headline sponsor of Planted Expo with its 2,000 square foot booth. The plant-based food company said it will be providing cooking demonstrations, and handing out freebies and prizes including food samples, apparel, and free boosh bowl coupons. In addition, the company will be sampling and selling its growing line of ready-to-eat, easy to prepare vegan gluten-free products.

Therma Bright Inc (TSX-V:THRM, OTC:TBRIF), which is advancing its smart-enabled AcuVid COVID-19 Rapid Antigen Saliva Test, said it will begin its US clinical performance study immediately. In a statement, the company said the move comes after the Institutional Review Board’s (IRB) conditional approval on November 11, 2021. Therma Bright said the clinical performance study, per US Food and Drug Administration (FDA) guidance, will begin immediately at three US-based clinics. The results will complement the Brazilian clinical study and other requested test data that have been submitted to the FDA over the past four months, beginning in July 2021.

CULT Food Science Corp announced that its portfolio company MeliBio Inc was included by TIME magazine in the 2021 edition of its annual “Top 100 Inventions of The Year” issue. MeliBio has developed a scientific approach to replacing honeybees as a medium of honey production. The Vancouver-based company’s subsidiary is offering solutions to help solve sustainability and supply chain-related challenges being faced by the global honey industry. The plant biology company recently made history earlier this year by being the first to produce “bee-free” honey in a full-scale production run and has been recognized globally for its scientific innovation.

KWESST (TSX-V:KWE, OTCQB:KWEMF) Micro Systems Inc. revealed that General Dynamics (NYSE:GD) (General Dynamics (NYSE:GD)) Land Systems (GDLS) has selected KWESST’s Phantom electronic battlefield decoy as part of its ongoing efforts to develop a next-generation multi-domain mobile capability at the tactical level. GDLS is a leading manufacturer of military vehicles such as tanks and lighter armored fighting vehicles for military customers around the world. Over the next eighteen months, the KWESST engineering team will be working in close collaboration with GDLS to support readying a prototype vehicle with Phantom onboard for trials by their US military customer in the first part of 2023.

Harbor Custom Development Inc has announced plans to sell 20 developed, view lots at a community project in Blaine, Washington State to builder Noffke Land Holdings for US$3.8 million, which said it would be ready to break ground in January, next year. Harbor acquired 214 acres, which included 71 developed lots, adjacent to the Semiahmoo resort at Blaine in July this year. “We are delighted to have Noffke Land Holdings Inc. as a premier builder in the Horizon at Semiahmoo project,” said Sterling Griffin, CEO of Harbor Custom Development in a statement about the new contract.  Matthew Noffke, CEO of Noffke Landholdings Inc, added: “Harbor Custom Development exemplified key visionary skills in the success for this community, captivating our attention and eagerness to partner within them in this juncture, and we’re excited to see what the future holds.”

BTU Metals Corp has announced plans to raise C$171,000 via a private placing to be used for ongoing exploration at its Dixie Halo project in Red Lake, Ontario. It comes after the junior explorer announced in October this year that it had inked a contract with Fusion Drilling of Hawkesbury, Ontario for a minimum of 2,200 meters (m) at the property. In addition, on November 4 this year, the company announced a non-brokered private placement of 3.5 million flow-through units at C$0.09 per each for total gross proceeds of C$315,000. BTU’s flagship project covers 19,723 hectares (Ha) and is contiguous with, and surrounds Great Bear Resources (TSX-V:GBR) (Great Bear Resources (TSX-V:GBR)) Ltd’s Dixie exploration project. This latest private placing will see 1.9 million units issued at C$0.09 each for total gross proceeds of C$171,000.

Esports Entertainment Group Inc has announced the pricing of its previously announced $8 million public offering. The company said it is offering 800,000 shares of its 10.0% Series A Cumulative Redeemable Convertible Preferred Stock, with a liquidation preference of $11 per share, at a purchase price of $10 per share for total gross proceeds of $8 million. In connection with the offering, the esports company has granted the underwriters a 45-day option to purchase an additional 120,000 shares of Series A Preferred Stock. Each share of Series A Preferred Stock is convertible into shares of the company’s stock, at a conversion price of $17.50 per share, at any time at the option of the holder.

GameSquare Esports Inc has announced that Justin Kenna, its CEO, and Kevin Wright, its president and chairman, will present at the Southwest IDEAS Investor Conference on November 18, 2021, at the Westin Dallas Downtown in Dallas, Texas. The company’s presentation is scheduled to begin at 11.00am CT. Kenna commented: “The United States is a key market for our portfolio of companies and represents an attractive opportunity to expand our shareholder base amid strong interest in the rapidly growing esports industry. The Southwest IDEAS Investor Conference is a great place to showcase the GameSquare business model to US-based institutional and high net worth investors. The timing of our attendance at the Conference coincides with our expectations that we are likely to commence trading on the OTCQB in the very near term with ambitions to commence the process of becoming a dual-listed stock in Canada and the US in the medium-term.” The presentation will be webcast live and may be accessed through the conference’s main website: www.ideasconferences.com

Recruiter.com Group, Inc. (NASDAQ:RCRT) has announced that its CEO, Evan Sohn, will be presenting at the Q4 Virtual Investor Summit on Wednesday, November 17, 2021, at 2.00pm EST. “I am thrilled to be attending the Q4 Virtual Investor Summit on behalf of Recruiter.com this November,” said Sohn. “Recruiter.com is determined to help deliver talent faster and better during this unprecedented job market and talent shortage. I can’t wait to share some of our year-to-date accomplishments and discuss our unique market opportunity.” The Investor Summit is an exclusive, independent conference dedicated to connecting small-cap and micro-cap companies with qualified investors. The Q4 Summit will include over 90 companies and over 500 investors. The virtual event will take place on November 16-17, 2021, and investors can register for the event via the following link: https://us06web.zoom.us/webinar/register/WN_mRhoW3o9TeaRQ7fn4ckHuw

American Resources Corporation (NASDAQ:AREC) has announced that Mark Jensen, its chief executive officer will participate in the Virtual Investor Roundtable Event on Wednesday, November 17, 2021, at 9.00am ET. Joining the company for the roundtable discussion will be technology veteran, William E. Smith III, who is leading the design, build and operation phase of American Resources’ rare earth and critical mineral purification facilities utilizing ligand assisted displacement (LAD) chromatography technology, which was licensed in partnership with Hasler Ventures and Purdue University. As part of the virtual event, the Company will provide a brief presentation, followed by a moderated Roundtable discussion and an interactive Q&A session. In addition to the moderated portion of the event, all investors and interested parties will have the opportunity to submit questions live during the event. Interested parties may also pre-submit questions in advance of the live event, which can be sent via the conference website at virtualinvestorco.com. The company will answer as many questions as possible during the event. A live video webcast of the Roundtable Event will be available on the Events section of the Investors page of the company’s website – www.americanresourcescorp.com. A webcast replay will be available two hours following the live presentation and will be accessible for one year.

Story by ProactiveInvestors



Source: https://www.proactiveinvestors.com/companies/news/966115/na-proactive-news-snapshot-emmaus-life-sciences-mednow-new-pacific-metals-boosh-plant-based-brands-therma-bright-cult-food-science-966115.html


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