NA Proactive news snapshot: Ideanomics, Lexaria Bioscience, Seelos Therapeutics, Helix BioPharma UPDATE …

Ideanomics Inc (NASDAQ:IDEX) said Monday that its new Mobile Energy Global division will provide the company with “robust growth” thanks to confirmed orders from commercial fleet operators. The new division, MEG, helps enable fleet operators to migrate over to electric vehicles and transition away from fossil fuels. Ideanomics said it has built a “diverse pipeline of orders and opportunities” that cover four commercial vehicle segments that represent “major opportunities” in commercial fleet switching to electric vehicles. Lexaria Bioscience Corp (CSE:LXX) (OTCMKTS:LXRP), a global innovator in drug delivery platforms has issued share purchase warrants to one of its Canadian-based consultants, entitling the consultant to purchase up to 500,000 common shares. The warrants are exercisable at a price of US$0.30 per share for a period of five years expiring on March 16, 2025. Pursuant to applicable securities laws, the warrants and any shares issued upon exercise thereunder shall bear legends restricting the trade of the same until a period of at least six months from the date of issuance has passed. Seelos Therapeutics Inc (NASDAQ: SEEL), a clinical-stage biopharmaceutical company focused on the development of therapies for central nervous system disorders and rare diseases, has closed an underwritten public offering of 7.5 million shares of its common stock at $0.60 apiece. The net proceeds to Seelos from this offering are expected to be approximately $3.9 million, after deducting underwriting discounts and commissions and other estimated offering expenses payable by Seelos. Seelos intends to use the net proceeds from the offering for general corporate purposes and to advance the development of its product candidates. Benchmark Company acted as sole book-running manager for the offering. Helix BioPharma Corp (TSE:HBP) (OTCMKTS:HBPCF) said Thursday that it has closed a private placement financing of 5,042,016 units at $1.0332 per unit, and the concurrent disposition of 1,708,023 shares of the company’s Polish subsidiary, Helix Immuno-Oncology SA to a third-party purchaser, representing an 15.5% equity stake in Helix Immuno-Oncology, for aggregate gross proceeds of C$6 million, or $1.19 per purchased security. It intends to use the proceeds of the private placement for working capital and research and development activities. Ideanomics Inc (NASDAQ:IDEX) announced Monday that its Mobile Energy Global (MEG) electric vehicle subsidiary has received an order worth about $215 million in China. Construction services company Sichuan Shenwu Yunli Transportation Services Co Ltd, the leading construction site dump truck operator in the southwest China provinces of Sichuan, Yunnan and Guizhou, made the order, according to a statement. The order is for 2,000, 8x4 meter heavy dump trucks for use in construction projects, with each vehicle costing about $107,000 apiece, the company said. Ideanomics said the vehicles will be procured from a number of manufacturers within MEG's partner alliance and will be subject to a rolling delivery schedule throughout 2020 and beyond. Endeavour Mining Corporation (TSE:EDV) (OTCMKTS:EDVMF) told shareholders Monday that production and operations at its mines in West Africa are running as normal despite the widespread outbreak of COVID-19. The miner’s incident management and response program was activated at the outbreak’s onset and is validated by an epidemiologist special advisor, it said in a statement. Endeavour “places the safety and wellbeing of employees and contractors as its highest priority”, it told investors. eWellness Healthcare Corporation (OTCMKTS:EWLL) has introduced daily group training sessions for its PHIZIO physical therapy telehealth platform, a move designed to help physicians transition patients to telemedicine in response to the coronavirus (COVID-19). The company is “exponentially transferring” patients to the PHIZIO platform as people have increasingly begun practicing social distancing across the US. Providers who complete a group training session will receive unlimited free use of the PHIZIO platform for 30 days and will be eligible to receive patient referrals from its website, the company said. Golden Arrow Resources Corporation (CVE:GRG) (OTCMKTS:GARWF) Chairman Joseph Grosso strongly underlined his support Monday for the board's decision, announced last week, to buy back up to 10% of the firm's shares. "I believe that the current market is creating the significant disparity seen between the share price and the combination of our asset value and exploration potential," Grosso said in a message to shareholders. On March 12, the South America-focused exploration group said it had received the green light from the TSX Venture Exchange to begin a normal course issuer bid, beginning on March 17 and ending on March 16, 2021, to buy back around 10.6 million shares, or 10% of the public float. CytoDyn Inc (OTCMKTS:CYDY) announced Monday that it has filed a modified investigational new drug (IND) application and protocol for the Phase 2 clinical trial of its versatile drug candidate leronlimab (PRO 140) as a therapy for patients who experience respiratory complications as a result of contracting the deadly coronavirus (COVID-19). In a statement, the Vancouver, Washington-based company said the “modification came at the behest of the US Food and Drug Administration,” in response to the company’s filing of its IND and protocol for its Phase 2 clinical trial on March 9. mCloud Technologies Corp (CVE:MCLD) (OTCMKTS:MCLDF) announced on Monday it is embedding advanced sensing technology from NYCE Sensors Inc, a provider of Internet of things solutions for commercial building applications, into its AssetCare solutions for Smart Facilities. mCloud said it has combined NYCE's wireless CO2 sensors for air duct management, building occupancy, and air quality measurement with the artificial intelligence and analytics provided by AssetCare.  NetCents Technology Inc (CSE:NC) (OTCMKTS:NTTCF), the cryptocurrency payments specialist, said it has further enhanced its software to allow for recurring billing, opening up a C$200 billion opportunity for the group. The firm said the move has enhanced its merchant gateway product for an entirely new customer base. Parallax Health Sciences Inc (OTCMKTS:PRLX) has received preliminary approval for registration on the US government's System for Award Management (SAM), a key step that will allow it to work with the Centers for Disease Control and Prevention (CDC) to develop a 15-minute coronavirus (COVID-19) detection test. The company is seeking a contract grant from the Atlanta-based agency’s Small Business Group to further develop its immunoassay diagnostics analyzer to detect coronavirus. TRACON Pharmaceuticals Inc (NASDAQ:TCON) announced Monday it has submitted a request for a Type B meeting with the US Food and Drug Administration to discuss the trial design for a potential pivotal ENVASARC study of envafolimab to treat sarcoma. In a statement, the company said it plans to propose a trial with two cohorts of about 80 patients each to assess the objective response rate in sarcoma subtypes known to be responsive to checkpoint inhibition -- with one cohort receiving single-agent envafolimab and the second cohort receiving envafolimab and Yervoy (ipilimumab). NexTech AR Solutions Corp (CSE:NTAR) (OTCMKTS:NEXCF) revealed Monday that it has signed a binding letter of intent to acquire remote video training, live streaming software company, Jolokia, which boasts customers like Merck and Toyota CBS. The Jolokia platform generated $1 million in Software as a Service (SaaS) revenue for 2019, the New York and Toronto-based augemented reality (AR) products company said in a statement. Azarga Metals Corp (CVE:AZR) has revealed it is getting a boost from London-listed Baker Steel Resources Trust Ltd (LON:BRST) in the form of an additional US$500,000 investment, the junior explorer announced Monday. The new funds come as part of an April 2019 agreement that saw Baker Steel invest US$3 million into Vancouver-based Azarga via an 8% secured convertible loan. Azarga said it plans to use the proceeds to advance drilling and exploration at its Unkur copper-silver project in Russia, which currently boasts an inferred resource of 62 million tons at 0.5% copper and 38.6 grams per ton silver. Global Energy Metals Corporation (CVE:GEMC) (OTCMKTS:GBLEF) is poised to bring in a gross sum of C$500,000 from a private placing to advance its battery metals development aims. The firm said it plans to carry out the financing after it has completed a 10:1 share split that it announced on March 10. The group will issue up to around 6.6 million units at a post-consolidation price of $0.075  each. Aurania Resources Ltd (CVE:ARU) (OTCMKTS:AUIAF) has said it is getting ready to advance work on the Ecuador-focused explorer's flagship Lost Cities-Cutucu project after closing a nearly C$6.5 million financing. The Toronto-based company closed the final tranche of a previously announced private placement comprised of C$837,000 to raise a total of C$6,470,131. Canntab Therapeutics Limited (CSE:PILL) (OTCMKTS:CTABF), a biopharmaceutical company focused on hard pill cannabinoid formulations, has closed the final $645,000 tranche of its previously-announced C$3.7 million private placement. The last tranche consisted of nearly 1.3 million units — each containing one share and one share purchase warrant — at a price of C$0.50 per unit. All told, the private placement consisted of 7.4 million units. "With the gross proceeds from this financing we now have the capital to completely implement our business plan,” Canntab CFO Richard Goldstein said in a statement. Permex Petroleum Corporation (CSE:OIL) (OTCMKTS:OILCF) has added experienced oil executive Greg Montgomery to its board of directors. The junior oiler said accountant and consultant Montgomery has held the office of chief financial officer for Oiltanking North America, Semarus Energy Advisors, Lion Copolymer, Coast Energy, and Laser Midstream. He was also a director of strategic planning for Enbridge Energy Partners and compliance officer for Pennzoil Company. Carube Copper Corp (CVE:CUC) (OTCMKTS:CARCF) said the plan to change its name to C3 Metals Inc was approved by over 96% of shareholder votes at an annual general and special meeting held in Toronto on February 28.  The meeting also saw the re-election of Tony Manini, Alar Soever, Zimi Meka, Stephen Hughes and Yale Simpson and the election of Kimberly Ann Arntson as directors. The appointment of PricewaterhouseCoopers LLP as the firm's auditors was also confirmed. Carube Copper also said the TSX Venture Exchange has consented to the extension in the expiry date of 24,029,750 warrants with original expiry dates of March 22, 2020, and March 29, 2020 to new expiry dates of March 22, 2021, and March 29, 2021, with an exercise price of 10 cents. It noted that these warrants were issued under a private placement of 50 million shares with 25 million share purchase warrants attached, which was accepted for filing by the exchange effective from April 4, 2018. OTC Markets Group Inc. (OTCQX:OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced JD Bancshares, Inc. (OTCQX:JDVB) has qualified to trade on the OTCQX Best Market and is upgraded to from OTC's Pink market. The OTCQX Market enables banks to maximize the value of being a public company by providing transparent trading and easy access to company information for shareholders. To qualify for OTCQX, community banks must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. JD Bancshares, is the bank holding company of JD Bank, a state-chartered bank headquartered in Jennings, Louisiana. Bruce W. Elder, President and CEO said "The Company has served the southwest Louisiana market since 1947 and while we are well known in our local footprint, we look forward to telling our story and introducing JD Bank to a broader audience." Japan Gold Corp (CVE:JG) said the TSX Venture Exchange has accepted for filing the company's proposal to issue 500,000 bonus warrants exercisable at a price of 40 cents until March 9, 2021, to insider Southern Arc Minerals Inc. in consideration of a $1 million unsecured loan. Kincora Copper Ltd. (CVE:KCC) said late Friday that it will issue a total of 3,233,697 common shares for its third-quarter (July 1, 2019 to September 30, 2019) and for its fourth-quarter (October 1, 2019, to December 31, 2019) in consideration of services provided to the company The company noted that it will issue 1,358,697 common shares, at a deemed price of 6.9 cents per share as of September 30, 2019, and 1,875,000 common shares, at a deemed price of 0.5 cents per share as of December 31, 2019, to certain company directors, officers and service providers on account of services rendered during the two quarters. Dyadic International, Inc. (NASDAQ:DYAI), a global biotechnology company focused on further improving and applying its proprietary C1 expression system to speed up the development, lower production costs and improve the performance of biologic vaccines and drugs at flexible commercial scales, has announced that it will report its financial results for year ended December 31, 2019 after the market close on Monday, March 30, 2020 and it will host a conference call that day at 5:00pm Eastern Time to discuss those results. Conference Call Information:  Dial-in numbers: (877) 407-8033 (U.S. or Canada) or +(201) 689-8033 (International); Webcast Link: https://www.webcaster4.com/Webcast/Page/2031/33572. Gold Resource Corporation (NYSEAMERICAN:GORO) announced Monday a change of its 2020 annual meeting of shareholders to a virtual webcast. The annual shareholder meeting will still be held at 8 am MT May 21, but in virtual meeting format only, via live webcast. GORO is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada. The company has returned $113 million back to its shareholders in consecutive monthly dividends since July 2010 and offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery. EnWave Corporation (CVE:ENW) (OTCMKTS:NWVCF), a global leader in vacuum microwave dehydration technology, announced Monday that in response to the ongoing global COVID-19 pandemic, it will host its annual general and special meeting of shareholders on a virtual electronic basis only, at the same time and on the same date as planned, being 2 pm PST on March 20. Those interested in attending can dial 1-877-407-2988 toll-free with the webcast at https://78449.themediaframe.com/dataconf/productusers/enw/mediaframe/36459/indexl.html (DD March 2019)