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NA Proactive news snapshot: Marrone Bio Innovations, LiteLink Technologies, Genprex UPDATE …

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

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Your daily round-up from the world of Proactive

Marrone Bio Innovations Inc (NASDAQ:MBII) revealed Wednesday that it has acquired all the rights and assets to Jet Ag and Jet Oxide products that help control fungal and bacterial diseases in agriculture from Florida-based Jet Harvest Solutions. In a statement, the company said the transaction builds on a two-year relationship and prior distribution agreement between Jet Harvest and Marrone Bio. Going forward, the portfolio will be sold through Marrone Bio’s existing sales force and distribution network, except for the post-harvest business, which has been licensed back to Jet Harvest Solutions.

LiteLink Technologies Inc (CSE:LLT) (OTC:LLNKF), a key player in logistics platforms and payment solutions, revealed Wednesday that it has signed a customer trial and user agreement for the enterprise version of its 1SHIFT Logistics platform with one of Canada’s largest nurseries, Brookdale Treeland Nurseries Ltd. In a statement, the Burnaby, British Columbia company said the deal marks a “major step forward” towards 1SHIFT operating in the tree and nursery industry across North America.

MGX Minerals Inc (CSE:XMG) (OTCMKTS:MGXMF) reported Wednesday the latest advances in its work to develop high energy lithium-ion (Li-ion) batteries. The Vancouver-headquartered group revealed that its collaborative research partnership with the University of British Columbia (UBC) had successfully completed the etching process (cutting into the metal surface) to make silicon anode.

Genprex (NASDAQ:GNPX) has said the active ingredient in immunogene therapy Oncoprex has been shown to prevent tumor growth in triple-negative breast cancer (TNBC) by independent researcher. In a statement on Wednesday, the company noted that a study published in the medical Journal “Nature”, researchers found that TUSC2, the lead component of the drug, acts as a tumor-preventing gene.

Pacton Gold Inc (CVE:PAC) (OTCMKTS:PACXF) revealed it has now selected its first priority target ahead of drilling at the potentially exciting Red Lake Gold project in Ontario. As revealed in late August, the Vancouver-based company told investors that it had been granted a permit, allowing the firm to conduct diamond drilling and outcrop cleaning. The plan is to drill 10,000 metres (m) in exploration.

TruTrace Technologies Inc (CSE:TTT) (OTCMKTS:TTTSF) announced Wednesday that its medical cannabis verification pilot program with Shoppers Drug Market has added another industry player: Tilray Inc (NASDAQ:TLRY). Tilray Canada, a subsidiary, joins a slate of companies lined up to use TruTrace’s StrainSecure technology to track strains of medical cannabis and verify their authenticity.

Mawson Resources Limited (TSE:MAW) (OTCMKTS:MWSNF) said Wednesday that new tests on samples from its Finnish projects show that the metals can be extracted in a low-cost, energy-efficient manner. The company is conducting its first liberation study for cobalt from its Raja and Palokas projects in Finland, as well as the first project-wide liberation work for gold. Results indicated that over 90% of gold and cobaltite were liberated and concentrated through enhanced gravity recovery into heavy concentrates, suggesting that mineralization is favourable towards low-impact and energy efficient gravity pre-concentration.

Ximen Mining Corp (CVE:XIM) told investors Wednesday that option partner New Destiny Mining Corp (CVE:NED), had now kicked off diamond drilling at the Treasure Mountain Silver property, initially at the Superior (Lucky Todd) area. This hole will be one of at least four at this copper-gold prospect at the asset in British Columbia.

American Battery Metals Corporation (OTCQB:ABML) noted that its chief executive officer Doug Cole discussed recent proposals made by a panel on renewable energy at the Nevada Mining Association’s annual convention earlier this month. “Discussions about renewables and environmentally sustainable mining practices are crucial- and time-sensitive,” Cole told the panel, American Battery Metals said in a statement on Wednesday.

Quantum Computing Inc (OTCMKTS:QUBT) will present at the Fall Investor Summit held September 16-17 in New York, the company said on a statement Wednesday. The conference, held at the Essex House, is expected to feature 160 companies and more than 1,000 institutional and retail investors.

Exactus Inc (OTCMKTS:EXDI), a producer of hemp and its derivatives, announced Wednesday that its management team will present at the Investor Summit Microcap Conference on September 17th and at the Sidoti & Company LLC Fall 2019 Investor Conference on September 25th, both in New York. The group said CEO Emiliano Aloi and Chief Strategy Officer Andrew Johnson will give a presentation and hold one-on-one meetings. The presentations are scheduled for 11:30 am ET at The Essex House and a pm ET at the Grand Hyatt Hotel, respectively.

Q BioMed Inc (OTCMKTS:QBIO) and India-based Chemveda Life Sciences have formalized their collaboration on a compound engineered to battle liver cancer. The companies have been involved in a joint research program since early 2017 to synthesize the compound uttroside-B and study its use for the treatment of liver cancer. Uttroside-B, is a potent saponin, a type of chemical compound found in Black Nightshade shrub. Obtaining it can be challenging, but Chemvada developed a method to synthesize it. Now, the plan is to ramp up production and go forward with pre-clinical testing and clinical trials.

Pacific Empire Minerals Corp (CVE:PEMC) shares shot higher Wednesday as the firm said it expects to begin drilling at its Pinnacle Porphyry project with its own custom-built RC (reverse circulation) drill rig in November this year. The firm outlined plans for a 20-hole program focused on the highest priority targets at the Elbow and Sooner zones at the British Columbia project. Parts of these areas were partner-funded diamond drilled in 2015 and 2016, and broad-based gold and copper hit at both were within a much larger area, indicative of a robust gold-copper hydrothermal system nearby, the firm said.

Berkwood Resources Ltd (CVE:BKR) announced Wednesday that it has de-mobilized its field crews at its Lac Gueret extension projects, located adjacent to its Lac Gueret South Graphite Project in Quebec. The firm, which is developing a high-grade graphite deposit in Quebec and recently acquired additional ground adjacent to its Lac Gueret South graphite project, said the move came after the collection of surface graphite exposure samples and near-surface conductor distribution data. Berkwood recently announced plans to evaluate multiple proximally located bedded graphite deposits with an aim to feed a "future, centrally located processing facility."

Nextleaf Solutions (CSE:OILS) is a BC-based cannabis extraction technology company that takes pride in doing things just a little bit differently. When most cannabis companies were thinking of cultivation, Nextleaf had its intentions set on the future of the cannabis industry: infused products.Since 2017, the company has focused on developing and acquiring the technology, processes, and formulations around extraction and post-extraction for cannabis concentrates, the precursor to every cannabis-infused product. Co-founder and CEO Paul Pedersen remembers the day he met soon-to-be co-founder and Chief Technology Officer Ryan Ko, who at the time was working on a novel extraction process aimed at producing highly refined oils derived from cannabis.

European High Growth Opportunities Securitization Fund announced Wednesday it has converted C$160,000 of Braingrid Limited (CSE:BGRD) debentures of its remaining C$370,000 of debentures into 2 million shares of the company, at a price of C$0.08 per share. The fund is run by London-based money manager Alpha Blue Ocean Inc. Under the terms of the C$5.1 million financing deal between Braingrid and the Fund on July 11, the company has a cumulative make-whole obligation of $572,600, which is payable by cash or stock. In other company news Wednesday, Braingrid's stock was halted at 9:20 a.m. PT but will resume trading on September 12 at 8 a.m. ET.

 

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