NA Proactive news snapshot: Nano One Materials, LeanLife Health, Dyadic, VR Resources UPDATE …

Nano One Materials Corp (CVE:NNO) (OTCMKTS:NNOMF) announced that it was increasing its previously-announced private placement to $10 million from $5 million. The offering will now consist of 8.7 million units, up from 4.3 million, for a price of $1.15 per unit. Each unit contains one share and one half a share purchase warrant, and a whole warrant entitles its holder to purchase an additional share at a price of $1.60 for up 36 months following the closing date. The Vancouver-based company plans to use the proceeds for corporate development, facilities expansion, technology advancement and general working capital. LeanLife Health Inc (CSE:LLP) has lifted output, reduced costs, and increased profit margin with the installation of new equipment. With an upgraded reactor for its exclusive extraction process, the company can now generate more than 300,000 litres of its unique, Omega-3 flaxseed oil product each year, it told investors on Wednesday. It comes after last month's announcement that it had sold some equipment it bought last year, which was surplus to requirements. "With this new equipment, along with some relatively inexpensive future additions and automation, LeanLife will be able to increase its production capacity to over 20,000 litres per week or 1,000,000 litres per year," the company said. Mark Emalfarb, CEO of Dyadic International Inc (NASDAQ:DYAI), will offer an update on the Florida biotech’s outlook at the BIO CEO & Investor Conference at 2:15 pm on February 10 at the Marriott Marquis in New York City. He will also deliver a similar presentation at 2:30 pm on February 17 at the NobleCon Seminole Hard Rock Hotel & Casino in Hollywood, Florida. Dyadic is keen to advance the commercial prospects of its proprietary C1 expression system – a fungal expression technology for producing enzymes – to help bring biologic vaccines, therapeutic enzymes, proteins, biosimilars and drugs to market faster and at a lower cost. VR Resources Ltd (CVE:VRR) (OTCMKTS:VRRCF) revealed drilling had kicked off again at the never-been-drilled Ranoke copper-gold project in Ontario.  Reconnaissance drilling kicked off last November but was put on hold due to weather conditions. Now a second hole is underway, targeting the center of the large, sharply defined and high-intensity gravity anomaly looking for an iron oxide breccia body with copper and gold.  IEC Electronics Corp (NASDAQ:IEC) an electronic manufacturing services company, reported fiscal first-quarter 2020 results Wednesday, marking sixth consecutive quarters of impressive sequential revenue growth. The Newark, New York-based company reported revenue of $44.7 million for the fiscal first quarter ended December 27, 2019, an increase of 26.2% compared to $35.4 million recorded in the first quarter the year before. In a statement accompanying the company’s latest numbers, IEC Electronics CEO Jeffrey T Schlarbaum said fiscal 2020 is off to a “strong start.” The company reported net income of $1.2 million, or $0.11 per share for the first quarter of fiscal 2020, compared to net income of $1.1 million, or $0.10 per share in the first quarter of fiscal 2019. Globex Mining Enterprises Inc (TSX:GMV) (OTCMKTS:GLBXF) investee company Chibougamau Independent Mines Inc (CVE:CBG) (OTCMKTS:CMAUF) plans to begin drilling this week at its C-3 copper/gold zone in Quebec. The drilling is meant to test the down plunge of the zone. Because of poor ice conditions, the drilling will be land-based and require longer drill holes. Previous press releases in 2019 laid out significant intersections of copper, gold, silver and cobalt. The deepest intersection was in Hole BJ-19-18 at a depth of 450 vertical meters, which returned 7.7% Copper and 3.58 grams per ton of gold over a core length of 9.2 meters. Thunderbird Entertainment Group Inc (CVE:TBRD) (OTCMKTS:THBRF) is opening a new animation studio in Los Angeles in a major expansion of its kids and family division Atomic Cartoons. The new studio’s fist project is already in production for a major global broadcaster, Vancouver-based Thunderbird told shareholders on Wednesday. Atomic Cartoons’ new digs in the Burbank area of the city has capacity for 880 crew members across three facilities. The division’s existing facilities in LA will be integrated into the new facility, creating a new production hub. NetCents Technology Inc (CSE:NC) (OTCMKTS:NTTCF), the cryptocurrency payments group, said that it has begun daily settlements for merchants that exceed $100,000 in monthly cryptocurrency processing volume. In a statement, the Vancouver-based company said that through the Merchant Acquisition Program (MAP) it launched in 2019, it has successfully targeted enterprise merchants that exceed the $100,000 monthly threshold for daily settlements. Clayton Moore, the group's founder and chief executive, said the move would “better attract, retain, and grow” the firm’s enterprise merchant-base. Genprex Inc (NASDAQ:GNPX) announced Wednesday that it is prioritizing the development of Oncoprex, in combination with osimertinib for the treatment of non-small cell lung cancer. The company’s announcement comes a few weeks after it received US Food and Drug Administration Fast Track Designation for its Oncoprex immunogene therapy in combination with the EGFR tyrosine kinase inhibitor (TKI) osimertinib -- which is AstraZeneca PLC’s (NYSE:AZN) Tagrisso.The drug had worldwide sales in 2018 of $1.86 billion, $2.31 billion in the first nine months of 2019 and is currently AstraZeneca’s highest grossing product for the treatment of non-small cell lung cancer (NSCLC) patients with EFGR mutations that progressed after treatment with osimertinib alone.  Codebase Ventures Inc (CSE:CODE) (OTCMKTS:BKLLF) subsidiary Titan Shrooms and Psychedelics has inked a letter of intent to form a joint venture with arms-length mushroom biotech company Mycology Ventures. Titan will hold a 70% interest in the venture, which will include yet unspecified amounts of cash and stock. Investment in the venture will be tied to specific milestones, the company said, including the identification of investment opportunities, industry networking at conferences and the continued buildout of an advisory board.  HighGold Mining Inc (CVE:HIGH) (OTCMKTS:HGGOF) reported encouraging exploration results on Wednesday from its flagship Johnson Tract gold project in Alaska. The findings come from surface rock sampling last year and historic drill core re-sampling from the Difficult Creek prospect at the deposit, which is one part of a 21,000 acre land package.  The aim of the rock sampling was to test and extend known prospects, identify new zones and develop other drill targets for 2020. Mawson Resources Ltd (TSE:MAW) (OTCMKTS:MWSNF) reported its best drill intersection so far from the South Palokas prospect at its giant Rajapalot project in northern Finland.  The firm is in the midst of a 15,000 metre drill program at the project and this hole was an 80 metre step out, which showed 8 metres at 7.9 grams per ton (g/t) of gold from 303 metres. Progressive Planet Solutions Inc (CVE:PLAN) announced Tuesday that it has appointed experienced mining engineer Michal Wypych as the company’s chief operating officer (COO).  In a statement, the Canadian mineral exploration company said Wypych has over 15 years of experience in the mining industry and possesses both a mining engineering degree and an MBA. InnoCan Pharma Corporation (CSE:INNO) announced Wednesday the filing of a new patent application for a cannabis-based formula targeting the pain, swelling and inflammation associated with hemorrhoids. "This is another demonstration that InnoCan's Pharma experienced team and science-based approach can quickly lead to actionable intellectual property,” said CEO Iris Bincovich in a statement. “InnoCan Pharma R&D is consistently developing new solutions for the well-being of patients by establishing an unrivaled line of medical products integrating CBD based on InnoCan’s exclusive IP." Cabral Gold Inc (CVE:CBR) intersected more high-grade gold at its flagship Cuiú Cuiú project in Brazil thanks to recent drilling at two prospective deposits on the property. Drilling at the Moreira Gomes and Central gold deposits returned 34 intercepts with gold grades above 10 grams per ton, including 12 assays over one ounce per ton gold. The new results come primarily from the Central deposit, where drilling was designed to test the continuity of mineralization at depth and along strike. Great Bear Resources Ltd (CVE:GBR) (OTCMKTS:GTBDF) will host a webinar on February 20 to update shareholders on its progress throughout an ongoing 200,000-metre drill program at the Dixie property in Red Lake, Ontario. The Vancouver-based company’s CEO Chris Taylor will also speak at the upcoming BMO Global Metals and Mining Conference in Hollywood, Florida on February 26 at 10:00am. In addition. Taylor is presenting the explorer’s investment case at the PDAC convention in Toronto on March 2 at 2:30pm, and the firm itself will host a booth on the conference floor. FSD Pharma Inc, (NASDAQ:HUGE) (CSE:HUGE) said its CEO Dr. Raza Bokhari will present an overview of the Canadian biotech’s latest advances at the yearly BIO CEO & Investor conference in New York City at 9:45 am (ET) on February 10. The conference, which will take place at New York’s Marriott Marquis, is one of the most prestigious of its kind and focuses on trends in the biotech sector. It features educational sessions about hot areas in the space as well as company presentations. Headquartered in Cobourg, Canada, FSD Pharma is focused on the development of a pipeline of FDA-approved synthetic compounds which aim to treat diseases of the central nervous system as well as autoimmune disorders of the skin and gastrointestinal tract Ideanomics Inc. (NASDAQ:IDEX) revealed that it would release its fourth-quarter and full-year financial results on March 16, 2020. The global fintech company facilitating the adoption of commercial electric vehicles said a press release will be issued at 4 pm ET, followed by a conference call at 4.30 pm ET. The company’s senior management team will offer prepared remarks, followed by a question and answer session. Ideanomics is headquartered in New York with offices in Beijing, China. Medical cannabis-focused WeedMD Inc (CVE:WMD) (OTCMKTS:WDDMF) has won the award for  London, Ontario's Best Places to Work for 2020, presented by London Inc magazine. The prize is based on a comprehensive workplace survey conducted by human resources group Ahria Consulting. Winners are chosen through a survey of many metrics, including employee commitment, effort, and interest. WeedMD was the winner in the large-size business category. "These awards recognize employers in the southwestern Ontario area that have gone above and beyond to create outstanding workplace environments," said Gord Delamont, founder and editor of London Inc. Magazine.