NA Proactive news snapshot: Nano One Materials, Pure Gold Mining, Weekend Unlimited, Ximen Mining...

Nano One Materials Corp (CVE:NNO) (OTCPINK:NNOMF) announced Wednesday that it has developed a coated single-crystal cathode material for lithium-ion batteries capable of providing four times greater longevity. The technology is applicable to all of the company’s cathode materials, but is particularly relevant to lithium nickel manganese cobalt oxide (NMC811), the company said. The innovations are patent pending, the company said. Pure Gold Mining Inc (CVE:PGM) (LON:PUR) updated investors Wednesday on construction progress at its Red Lake gold mine in the famous Ontario mining district, where the first gold pour is still on track for the fourth quarter this year. The firm is fully funded to production, mine building began late last year, and 45% of capital expenditure has so far been spent. So far, 1,285 metres (m) of underground mine development has already been completed and is advancing at a 60% better rate than the mine plan had envisaged, the mine developer noted. Weekend Unlimited Industries Inc (CSE:POT) (OTCQB:WKULF) announced it has signed a non-binding letter of intent to acquire 100% of Ruby Mae’s LLC, a cannabis-infused edibles producer in Oklahoma. Both companies in September struck a brand alliance and licensing agreement, which helped accelerate the WKND! and Orchard Heights market entry and reach in Oklahoma. In a statement, Weekend said the proposed acquisition of the Ruby Mae’s brand and intellectual property will further accelerate Weekend’s brand recognition within Oklahoma and substantially expand Weekend’s lineup of brands, products, and sales. Ximen Mining Corp (CVE:XIM) (OTCMKTS:XXMMF) told investors that it has acquired some net smelter royalties (NSRs) on potentially exciting assets in the Greenwood camp in British Columbia. In consideration, Ximen paid 1 million shares to two arm's length vendors. The firm acquired 3% net smelter royalties covering the Golden Crown property and May Mac property and a royalty on material processed in the May Mac (Boundary Falls mill), it revealed. mCloud Technologies Corp (CVE:MCLD) (OTCQB:MCLDF) said Wednesday that it is teaming up with tech group nybl in a bid to help oil and gas producers worldwide optimize their well output. "The tie-up could enable operators to benefit by over US$200,000 per connected well per year," said Noor Alnahas, the CEO at nybl, a machine-learning focused tech group, in a statement. The two companies are already working on a joint solution, combining nybl's lift.ai platform with mCloud's AssetCare, to connect and optimize an initial 2,000 oil wells in North America and Kuwait. NetCents Technology Inc (CSE:NC) (OTCQB:NTTCF) announced that it is now providing daily settlements for US-based merchants. The ability to offer daily settlements removes a major pain point for enterprises using cryptocurrency as a form of payment by speeding up the payment process and paving the way for mainstream adoption, the Vancouver-based company told shareholders. NetCents said it is “laser focused” on streamlining and enhancing the merchant experience to keep driving mass adoption of cryptocurrency as a payment method in a bid to overcome the perception that the digital payment system is less trustworthy, according to CEO Clayton Moore. Ipsidy Inc (OTCQB:IDTY) is beefing up its digital identity verification service Proof. As an enhancement to Proof, the company said Wednesday it has launched a fully automated, algorithm-based driver’s license authentication service for US, Canadian, and Mexican motorists. With the addition of driver’s license authentication, Proof can now deliver the highest level of trust in remote, biometric identity and credential authenticity to the North American market. New York-based Ipsidy said that the Proof service offers a seamless user experience supporting mobile identity document capture, liveness confirmation and facial biometric matching of a selfie to the credential photo. Mind Medicine (MindMed) Inc (NEO:MMED) (OTCQB:MMEDF) told investors Wednesday that it its developing proprietary methods that will personalize psychedelic therapies for each patient. The New York-based company, along with its Swiss partner the University Hospital Basel, has filed two separate patent applications for technologies that will screen and optimize the dosing of MDMA and LSD. Research and development surrounding the technology is currently taking place at the University Hospital Basel’s Liechti Lab, which has identified new ways to predict and optimize both the amount of psychedelics needed and the dosing regimen required for therapy. Ideanomics Inc (NASDAQ:IDEX) has entered into a series of agreements with the Town of West Hartford over its 58-acre property which it had acquired in October 2018 to develop as a fintech village technology park. The two parties entered into a series of agreements which include extending the ball field leases in exchange for the town assuming the landscaping of the 58-acre site, according to a statement Wednesday. Additionally, the town of West Hartford has secured a right of first refusal to purchase the property and will conduct due diligence to explore the viability of purchasing the site to bring it under the town's control. The company bought the campus from UConn for $5.2 million in 2018.  Great Bear Resources Ltd (CVE:GBR) (OTCQX:GTBAF) has bolstered its board with mining industry veteran Michael Kenyon as the group continues to advance the exciting Dixie project in Red Lake, Ontario. "Michael is a decorated industry veteran who has overseen several major discoveries through the advanced exploration, mine development, construction and operational phases," said Chris Taylor, Great Bear's chief executive, in a statement.