NA Proactive news snapshot: BevCanna, Capstone Turbine, Propanc Biopharma, Japan Gold … – Proactive Investors USA & Canada

BevCanna Enterprises Inc (CSE:BEV) is expanding its product line of cannabis-infused beverages with the launch of a new label, Grüv Beverages. The new line encompasses a range of CBD-infused iced tea beverages, Vancouver-based BevCanna said in a statement on Monday.

Capstone Turbine Corporation (NASDAQ:CPST), the maker of clean-energy microturbines, said Monday it has secured its first significant combined heat and power (CHP) energy efficiency project order in Bolivia from ceramic products manufacturer Ceramica Guadalquivir. The Van Nuys, California-based company said the project will utilize its C600S products in a five-bay enclosure to allow for future expansion up to one megawatt. The exhaust energy from the green microturbine will be used in the ceramic tile and brick drying process.

Propanc Biopharma Inc (OTCMKTS:PPCBD), a biopharmaceutical company focused on using pancreatic proenzymes to treat recurring and metastatic cancer, said it has published key data regarding its lead drug PRP in the medical journal Scientific Reports. In a statement, the company said its researchers, in collaboration with the Universities of Jaén and Granada in Spain, conducted a study that confirmed the effects of PRP against cancer stem cells, a select group of cells within tumors that are capable of self-renewal and often resist chemotherapy.

Japan Gold Corp (CVE:JG) told investors Monday it had doubled its footprint at the Sanru project on the island of Hokkaido with new claims. The 40 new applications, which have been approved by the Japanese government, total 12,842 hectares and cover prospective geology between the Sanru project and Irving Resources Inc’s (CNSX:IRV) Omu project, the firm said in a statement.

Biome Grow Inc (CSE:BIO) (OTCMKTS:BIOIF) will be selling its premium cannabis flower in New Brunswick thanks to a new supply agreement with Cannabis NB Ltd, the firm announced Monday. Toronto-based Biome said the cannabis products will initially be supplied by its Highland Grow Inc subsidiary, which is based in the eastern Canadian province of Nova Scotia.

Nextleaf Solutions Ltd (CSE:OILS) (OTCQB:OILFF) has completed two government-funded research and development projects that have led to innovation in the cannabis extraction process. The company worked with Canada’s Industrial Research Assistance Program to develop a treatment process to remove chlorophyll, carotenoids and other elements from crude cannabis extract. It also teamed up with a pair of British Columbia universities on a project to repurpose cannabis biomass after extraction by burning hemp biomass into an ash that can be used as an ingredient to make cement.

Allot Ltd (NASDAQ:ALLT) (TASE:ALLT) has helped prevent more than 80,000 potential security threats from impacting Telefónica SA’s (NYSE:TEF) business subscribers since the launch of its custom security offering in May, the Spanish telecommunications giant revealed on Monday. Allot, along with fellow cybersecurity player McAfee protects customers from phishing attempts — which represents nearly 90% of blocked threats — and other forms of fraud like website impersonation and data theft.

PowerOre Inc. (CVE:PORE) has announced results from its spring 2019 drill program at the Opemiska Copper Mine Complex in the Chibougamau District of Quebec. The group said the highlight was hole OPM-19-18 which intersected 2.54% copper equivalent (CUEq) over 74 metres beginning at 28 metres downhole. Included in that intersection was 4.15% CuEq over 25 metres and 5.4% CuEq over 14.5 metres.

Nabis Holdings Inc (CSE:NAB) (OTC:NABIF) continues to be on a roll, as the cannabis investment company revealed it has entered the key US market of the state of Arizona with another acquisition. The firm is set to buy 100% of a medical marijuana firm, which operates a dispensary in Phoenix specializing in top-tier flower, vape pens, edibles and CBD products, for a total consideration of US$ $15 million (C$19.65 million).

MGX Minerals Inc (CSE:XMG) (OTCMKTS:MGXMF) has unveiled high grade gold results from drilling at its Fran project in British Columbia. The firm revealed that 16 diamond drill holes were sunk for 5,653 metres (m) in the C$1.9 million program at the 13,905 hectare project and18 km of Induced Polarization (IP) surveys were undertaken.

Zinc One Resources Inc. (CVE:Z) (OTCPink:ZZZOF) (FSE:RH33) has closed its rights offering, as announced on May 27 and July 3, with a total of 69,846,582 common shares in the company to be issued to holders of the rights at a subscription price of $0.02 per share, raising gross proceeds of $1,396,932. The net proceeds of the offering will be used to repay corporate indebtedness, reduce trade payables, incurring US $200,000 for geological, resource modelling and technical studies on the Bongará Project and general working capital.

GGX Gold Corp. (CVE:GGX) has closed the first and the second tranches of the private placement announced on June 18, 2019, and July 24, 2019, raising gross proceeds of $1,194,750. Proceeds from the private placement will be used for the continued exploration work on the Gold Drop property, potential project acquisitions, property option payments as well as general working capital.

Fireweed Zinc Ltd (CVE:FWZ) said the TSX Venture Exchange has accepted the amended terms with Maverix Metals Inc (NTSEAMERICAN:MMX) for the acquisition of a 100% interest in the MAC claims, located at the MacMillan Pass area of the Yukon. The original option agreement, dated 24 July 2017, with Newmont was subsequently assigned to the vendor according to an assignment and assumption agreement dated 29 June 2018. The original transaction was exempt under exchange policy and consideration was cash payments, staged over a four-year period, of $450,000 cash. The amendment changes the year 2 option payment from $95,000 cash to $50,000 cash and 95,000 common shares. The vendor retains net smelter return royalties (NSR) in the amount of 0.25% on base metals, 3% NSR on gold and 1% NSR on silver.


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