NA Proactive news snapshot: BioLargo, Silvercorp Metals, Enertopia, CleanSpark UPDATE ...

NA Proactive news snapshot: BioLargo, Silvercorp Metals, Enertopia, CleanSpark UPDATE ...

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BioLargo Inc (OTCMKTS:BLGO) is manufacturing a scaled-up commercial prototype of its proprietary water treatment system. The company’s Advanced Oxidation System (AOS) is capable of processing 500 gallons of water per minute (GPM), a standard flow rate requirement of commercial applications. BioLargo’s technology eliminates bacteria, viruses, and other pathogenic organisms, and can reduce pharmaceuticals and antibiotics more effectively than the standard systems used to treat wastewater. Silvercorp Metals Inc (NSYEAMERICAN:SVM) (TSX:SVM) said it will buy its shares back through the open stock market as the prevailing market conditions have undervalued its shares, and the long-term value of its portfolio of producing mines in China. As a part of the share repurchase agreement, the company will launch a “normal course issuer bid to acquire up to 8,670,104 shares.” This represents around 5% of the 173,402,084 Silvercorp shares issued and outstanding as of March 16. The stock buyback program will run from March 19 to March 18, 2021, said the Vancouver-headquartered company which operates underground mines in China focused on silver, lead and zinc metals. Enertopia Corporation (OTCMKTS:ENRT) has commissioned its maiden NI 43-101 resource report for its Clayton Valley lithium project in Nevada. In a statement Tuesday, the Canadian exploration and development company said it expects the report will be ready by mid to late April. "We are very pleased to commission consultants Peek Consulting Inc to undertake this work, given their extensive mineral expertise and current experience in the Lithium industry and specifically Clayton Valley, NV,” said Enertopia CEO Robert McAllister. CleanSpark Inc (NASDAQ:CLSK) announced that coronavirus data is now available nationwide through a neighborhood security app called AlertNest, which its subsidiary p2klabs was hired to help design. AlertNest, which normally collects and shares police, crime, local current events and weather data, now includes updates from the Centers for Disease Control and other vetted sources about the coronavirus. Co-Diagnostics Inc (NASDAQ:CODX) said Tuesday that a new US Food and Drug Administration (FDA) policy aimed at expediting the availability of coronavirus (COVID-19) test kits will allow the company to “aggressively expand” its presence in the US market. The company had earlier made its COVID-19 detection kits available to a batch of certified labs following a change in the FDA’s policy on February 29, allowing labs that met a set of standards known as the Clinical Laboratory Improvement Amendments (CLIA), to use coronavirus detection tests that have been developed and validated before the FDA had reviewed their Emergency Use Authorization (EUA) submission. Capstone Turbine Corporation (NASDAQ:CPST), the maker of clean-energy microturbines, announced Tuesday that it has landed an important follow-on order for one of the largest and most diversified midstream energy companies in the US. The follow-on order for a Signature Series 800 kilowatt (kW) microturbine was secured by Horizon Power Systems, Capstone’s distributor for the western mountain states of the US and western Canada, the group said in a statement.   Nabis Holdings Inc (CSE:NAB) (OTCMKTS:NABIF), the cannabis investment company, said Tuesday it was narrowing its focus on acquiring assets that fit its vertically integrated strategy and has terminated its deal to buy Desert’s Finest dispensary in Desert Hot Springs, California. The US$5.6 million acquisition was first announced in June last year, with revised terms announced in October. NetCents Technology Inc (CSE:NC) (OTCMKTS:NTTCF), the cryptocurrency payments specialist, revealed Tuesday that it has revised its projections upwards for cryptocurrency adoption inspired by a World Health Organization (WHO) recommendation for contactless payments. The coronavirus outbreak is prompting second thoughts about reaching for cash. Contactless payments have come up as a new option for consumers who are much more conscious of what they touch. Helix BioPharma Corp (TSE:HBP) (OTCMKTS:HBPCF) is advancing its research into its patented cancer-fighting technology platform, with studies currently ongoing in the US. L-DOS47 is currently in clinical trials for the treatment of non-squamous small cell lung cancer. The Toronto-based company launched a Phase I clinical study in the US, with Phase Ib/II recently approved to go ahead. Parallax Health Sciences Inc (OTCMKTS:PRLX) is teaming up with the Harvard University alumni organization, Harvard in Tech to jointly host a coronavirus (COVID-19) webinar at 1pm Eastern Time on Wednesday, March 18. The 20-minute program, titled “c-19 Testing, Telehealth, Technology and Data Driven Solutions,” will be moderated by Harvard in Tech's executive director, Krysia Lenzo, and feature Parallax executives David Stark and Nathanial Bradley. Newgioco Group Inc (NASDAQ:NWGI), the sports betting and gaming group, has provided an update on how the coronavirus quarantine has affected its Italian operations. So far, the company said it has temporarily shuttered 150 betting shop locations throughout Italy, but the group stressed that the closing of the physical locations does not affect its continuing online and mobile operations.  Newgioco said it has been processing about 200 to 300 online account applications daily since the government-imposed quarantine took effect on March 8.  CleanSpark Inc (NASDAQ:CLSK) announced that coronavirus data is now available nationwide through a neighborhood security app called AlertNest, which its subsidiary p2klabs was hired to help design. AlertNest, which normally collects and shares police, crime, local current events and weather data, now includes updates from the Centers for Disease Control and other vetted sources about the coronavirus. Biome Grow Inc (CSE:BIO) (OTCMKTS:BIOIF), the cannabis company, said it has terminated a supply deal with the Province of Newfoundland and Labrador, which was announced in 2018, but added that it does not believe it will materially affect the firm's business, operations or results. Two years ago, Biome Grow subsidiary Back Home struck a 24,000 kg three-year deal with the Province and the Newfoundland and Labrador Liquor Corporation (NLC) to produce and supply cannabis product to the province's market. It also meant Biome Grow had access to five retail licenses. VR Resources Ltd (CVE:VRR) (OTCMKTS:VRRCF) told shareholders Tuesday that it has decided to pause its seven-hole drill campaign on the Ranoke property in Ontario. The junior explorer said that all of the surface water around the northern Ontario property had frozen, rendering it inaccessible for drilling activity. “We can’t drill without water, and as of late last week, all surface waters at Ranoke were completely frozen, all ponds and all creeks,” VR's CEO Michael Gunning said in a statement. BioPorto A/S (CPH:BIOPOR) (NASDAQOMX:BIOPOR) has said that, due to developments in the financial markets, it is revising the subscription price in its intended rights issue for up to 24,992,054 new shares to DKK1.60 per share (US$0.24), down from the DKK2.20 per share level ($0.33) previously indicated on March 11. The Danish in-vitro diagnostic company said it has received advanced binding commitments for the subscription of approximately 72% of the new shares, entailing gross proceeds of approximately DKK 28 million (US$4.1 million). Mandalay Resources Corp (TSE:MND) (OTCMKTS:MNDJF) told investors it has restructured its debt with HSBC and Macquarie Bank as it unveiled a new US$65 million credit facility. The miner announced a new senior secured revolving credit facility for up to US$25 million and a senior secured facility of up to US$40 million (the syndicated facility ). The latter will amend and restate Mandalay's existing bilateral US$40 million revolving credit facility with HSBC, which was scheduled to mature on July 24 this year. Renaissance Gold Inc (CVE:REN) (OTCQB:RNSGF), the US-focused prospect generator, has appointed experienced international geologist Robert W. Schafer as a new director after Robert Boaz has retired, it said on Tuesday. Schafer, who has over three decades' experience, has been an executive with Hunter Dickinson, Kinross Gold and BHP Minerals and was the founder and CEO of Eagle Mines Management. Great Panther Mining Limited (NYSEAMERICAN:GPL) (TSX:GPR) said it will reschedule its 2019 fiscal year earnings release, previously set for after the market close today. It said the revised date relates to finalization of certain financial statement considerations and is not anticipated to extend beyond ten business days. The company added that it will make a further announcement in a subsequent press release to schedule the date and time of the earnings release and conference call and webcast. Ximen Mining Corp (CVE:XIM) said the TSX Venture Exchange has accepted for expedited filing documentation relating to its property acquisition agreement, dated February 26, 2020, with 49er Creek Gold Corp. (David Wallach, Harold Becker, Tony Nardini), under which the company has the option to acquire a 100% interest in 105 mining claims covering approximately 4,227 hectares located in the Nelson mining district in British Columbia. In consideration, the company will make a $100,000 cash payment and issue a total of 1.4 million shares, of which 700,000 shares will become free trading six months and a day after exchange approval and the remaining 700,000 shares will become free trading one year and one day after exchange approval. Mota Ventures Corp. (CSE:MOTA)(OTCMKTS:PEMTF), an emerging direct to consumer global CBD brand, said it will be hosting an investor conference call on Wednesday, March 18, 2020 with Ryan Hoggan, its CEO and Joel Shacker, its President discussing current developments. The call will be held on Wednesday, March 18, at 1:15pm Pacific Time - Conference details are: Canada/USA TF: 1-800-319-4610; International Toll: +1-604-638-5340; Germany TF: 0800-180-1954. Perma-Fix Environmental Services, Inc. (NASDAQ:PESI), a nuclear services company, announced that it will host a conference call at 11:00am Eastern Time on Thursday, March 19, 2020. The call will be available on the company's website at www.perma-fix.com, or by calling 844-369-8770 for U.S. callers, or +1 862-298-0840 for international callers. The conference call will be led by Mark J. Duff, Perma-Fix’s chief executive officer, Dr. Louis F. Centofanti, executive vice president of Strategic Initiatives, and Ben Naccarato, its executive vice president and chief financial officer.

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