NA Proactive news snapshot: Ideanomics, NetCents Technology, Bragg Gaming Group, Pacton Gold, Marrone Bio UPDATE ...

NA Proactive news snapshot: Ideanomics, NetCents Technology, Bragg Gaming Group, Pacton Gold, Marrone Bio UPDATE ...

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Ideanomics Inc (NASDAQ:IDEX), the commercial electric vehicle services company with offices in the US and China, has turned to the Mediterranean for inspiration for its truck, specialty vehicle and hydrogen fuel cell (H2FC) division, choosing the name Medici Motor Works. The division, formerly known as Mobile Energy Group, is active in Asia, particularly China, and plans to expand to Korea and North America in the near future. NetCents Technology Inc (CSE:NC) (OTCQB:NTTCF) has granted stock options for a total of 2 million common shares to officers, directors, employees and consultants of the company. The stock options are exercisable at $1.10 each and will expire on June 22, 2021. The stock options will vest immediately. The  Vancouver-based company equips businesses with the technology to seamlessly integrate cryptocurrency processing into their payment model without taking on the risk or volatility of the crypto market.  Bragg Gaming Group Inc (CVE:BRAG) (OTCQX:BRGGF), a gaming technology company, plans to host its first quarter earnings and business update call at 8:30 am ET on Tuesday, June 30th. CEO Dominic Mansour will host the call along with CFO Ronen Kannor and Chief Strategy Officer Yaniv Spielberg. Those interested in joining in the US and Canada can call 1-270-215-9892 or toll-free 1-866-997-6681. A replay of the call will be available for a week after it concludes. Pacton Gold Inc (CVE:PAC) (OTCPINK:PACXD) began fieldwork to follow up on five new targets at its Red Lake gold project in Ontario, it said Wednesday. Recent drilling at one target, known as Carricona East, hit 17.2 grams per ton gold over a depth of 0.5 metres. Upcoming work will include more drilling on the Red Lake Extension East, Madsen East and Carricona East targets as well as regional soil sampling and geophysics.  An IP survey is planned to cover the broader MD Corridor target area. Marrone Bio Innovations Inc (NASDAQ:MBII) (MBI) said that its flagship biofungicide Regalia trounced competition by cornering over 25% market share of the foliar biofungicide segment in California between January-to-April, citing data from the California Department of Pesticide Regulation (CDPR). The company’s Regalia biofungicide delivers better yield by stimulating a plant’s innate ability to fight diseases and is popular among farmers who grow specialty crops including hemp and cannabis. “Regalia’s performance is a testament to its efficacy for managing plant diseases and improving crop health,” said Kevin Hammill, chief commercial officer for Marrone Bio. Tocvan Ventures Corp (CSE:TOC) is narrowing down its targets for drilling at the Pilar gold-silver project in Sonora, Mexico as it unveiled results from soil sampling. Notably, the results included the highest grades for gold and silver so far found on the Pilar property in separate soil assays, namely 8 grams per ton (g/t) gold in one and 317 g/t silver in another. Also, the firm found a new zone of gold and silver mineralization containing areas of high-grade gold and high-grade silver. It has been called the "East Zone" by the company. Heritage Cannabis Holdings Corp (CSE:CANN) (OTCMKTS:HERTF) is launching three new vape cartridges from its Purefarma line, it said Wednesday. The new lines – Sun, Moon, and Earth – will be sold through Heritage’s licensed subsidiary Voyage Cannabis Corp and available in British Columbia, Alberta and Manitoba in July. Purefarma is the company’s second major brand rollout, Heritage said in a statement. The vape cartridges feature premium hardware and packaging and are sold at a mid-range price point of around $30 for a 500 mg cartridge, according to a release. Biocept Inc (NASDAQ:BIOC) has agreed to a managed care provider agreement with Medical Cost Containment Professionals LLC (MCCP) to process out-of-network insurance claims for its Target Selector liquid biopsy testing. MCCP is a reference-based pricing insurance network that includes more than 150,000 providers in the US, the company said. "MCCP has a reputation for paying out-of-network claims correctly, in full and on time; and we are delighted to be working with them," Biocept Senior Director of Managed Care Strategies Dede Goehler said in a statement. "Under this new relationship, out-of-network claims for our Target Selector testing will be adjudicated by MCCP at pre-negotiated pricing in a timely manner, helping to accelerate collections while reducing the length of time receivables remain outstanding." NexTech AR Solutions Corp (CSE:NTAR) (OTCQB:NEXCF) announced that it has received a C$600,000 lending facility from the Royal Bank of Canada. “This credit facility further strengthens our financial capabilities as we continue to scale and add to our already healthy cash and inventory position of over C$7.5 million — our highest ever — providing a solid foundation to support the company's rapid growth plans,” CFO Kashif Malik said in a statement. “With this credit facility along with our financing last week, we are well positioned and laser focused on executing on our strategy in 2020.” The facility can be drawn at any time by for working capital requirements and general corporate purposes, the company said. 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.  Ideanomics Inc (NASDAQ:IDEX) will participate in Proactive Investors One2One Investor Forum on June 30 at 1 pm EST. CEO Alf Poor will be presenting live in the virtual conference. Following the 10-minute presentation, there will be a 10-15 minute questions and answers session. Interested parties can register for the event on the Proactive Investors website: https://www.proactiveinvestors.com/register/event_details/258# Lexaria Bioscience Corp (CSE:LXX) (OTCQX:LXRP) announced that shareholders approved all measures up for a vote at its annual and special meeting. Voters gave the nod to a reverse stock split with a ratio of between 2 and 30 shares for every one split share. They elected CEO and Chairman Chris Bunka, President John Docherty, Nicholas Baxter, Ted McKechnie and Brian Quigley as directors and appointed Davidson & Company as auditors. Voters also approved an amendment to the company’s bylaws and chose to ratify the lawful actions of the directors over the last year. Genprex Inc (NASDAQ:GNPX) CEO Rodney Varner will be interviewed on the Emmy award winning Big Biz Show on Thursday, June 25. The company said Varner will discuss how Genprex is bridging critical gaps in modern medicine by providing new treatment options to patients with cancer and diabetes, its oncology program and modern combinational treatment approach to fight cancer, its FDA Fast Track Designation and how its diabetes program could eliminate the need for insulin in diabetic patients. The Big Biz Show airs weeknights on YouTOO America Television Network at 8 pm ET and weekdays on BizTalk Radio at 2 pm ET. Varner’s interview will also be available at genprex.com. Codebase Ventures Inc (CSE:CODE) (OTCMKTS:BKLLF) said it intends to proceed with a consolidation of its common shares on the basis of 10 preconsolidation shares for one postconsolidation share. The company currently has 461,230,113 shares issued and outstanding. Accordingly, once the consolidation is effective, the company will have 46,123,011 shares issued and outstanding, assuming there are no other changes in the issued capital. The company also intends to proceed with consolidating its outstanding options and warrants on a ratio of 10 to one, with the result that each consolidated option and warrant will entitle the holder to acquire one share at an exercise price of 10 times its original exercise price. The consolidation is being proposed in order to provide the company with increased flexibility to seek additional financing opportunities and is subject to the approval of the Canadian Securities Exchange. The company will not change its name as part of the consolidation planned for June 26.

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