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NA Proactive news snapshot: Phunware, Dyadic International, Bragg Gaming, Ipsidy ...

A glance at some of the day's highlights from the Proactive Investors US and Canada newswires

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Your daily round-up from the world of Proactive

Phunware Inc. (NASDAQ:PHUN) saw further growth in its platform subscription and services revenue in the second quarter, marking multiple consecutive quarters of growth. The firm, which provides a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide, reported net revenues totaling $5.5 million for the quarter ended 30 June. Of that total, it said platform subscriptions and services revenue totaled $5.1 million, or 92% of net revenues.

Dyadic International Inc (NASDAQ:DYAI) said Tuesday that its second quarter saw continued momentum with the expansion of its gene expression technology platform through multiple collaborations and sub-licensing agreements as it reported solid financial results for the period. In a statement, Dyadic's Chief Executive Officer, Mark Emalfarb said: "I am pleased to report that we maintained our momentum in the second quarter by signing several agreements with highly experienced, value-added partners, including the Serum Institute of India. Serum is one of the world's largest vaccine manufacturers and our collaboration provides for the development and manufacture up to twelve antibodies and vaccines using Dyadic's C1 gene expression platform."

Bragg Gaming Group (CVE:BRAG) (OTCMKTS:BRGGF) revealed Tuesday that its GiveMeSport subsidary’s re-designed web platform is giving its “top fans” something they’ve always wanted —  faster page speeds to watch videos and content.  In a statement, Rick Waterlow, managing director at GiveMeSport said: “We reached out to our top fans and asked them what they wanted to see in their sports news, and then developed an entirely new editorial strategy and platform to respond to their feedback. We also prioritized the speed of the new platform and optimized for mobile — no more waiting for video and enhanced content to load.”

Ipsidy Inc (OTCMKTS:IDTY), a biometric identity solutions company, is teaming up with American Smart Systems & Networks Ltda (AS•NET) to bring Identity-as-a-Service offerings to its Colombian clients. AS•NET, a digital transactions solutions company, has signed a memorandum of understanding to join the Ipsidy Partner Network and plans to integrate the company’s Proof and Verified biometric identity offerings into its services.

The Green Organic Dutchman Holdings Ltd. (CVE:TGOD) (OTCMKTS:TGODF) reported strong growth in second quarter revenue after a busy period for the cannabis company  as it began commercial production and expanded its product line. For the three and six months ended June 30, 2019, TGOD achieved revenues of $2.9 million, a 20% increase over the prior quarter derived primarily from Europe

MegumaGold Corp (CSE:NSAU) (OTCMKTS:NSAUF) announced Tuesday that it has acquired 19% of Osprey Gold Development Ltd (CVE:OS) through a non-brokered private placement.  The junior gold explorer acquired 13.1 million units of Osprey at a price of C$0.05 per unit, with each unit consisting of one common share and one share purchase warrant. Each warrant entitles the holder to purchase an additional common share at a price of $0.075 per share for a period of two years from the issuance date.

Blackrock Gold Corporation (CVE:BRC) (OTCMKTS:BKRRF) announced Tuesday it is aiming to raise up to C$1 million to bolster drilling and exploration at its Silver Cloud project in Nevada. The junior exploration company said it is offering up to 6.25 million units at a price of C$0.16, for gross proceeds of C$1 million. Each unit will entitle the holder to acquire one additional share at a price of C$0.25 per share for a three-year period from the date of issuance. 

XPhyto Therapeutics Corp (CSE:XPHY), the science-focused cannabis company, announced Tuesday that its shares have begun trading on the Frankfurt Stock Exchange under the symbol ‘4XT.’ The Vancouver-based company is developing analytical testing, processing, and formulation capability in Canada and research, cultivation, extraction, import, distribution, and manufacturing in Germany. It has 100% ownership of the German cannabis company Bunker Pflanzenextrakte GmbH, operating from a decommissioned German Air Force command center and nuclear bunker near Munich

Lydian International Ltd (TSE:LYD) reported second quarter results late Monday, which showed it is still trying to advance its giant Amulsar gold mine project in Armenia. Progress has been blocked by illegal blockades since June last year, which are still continuing, thus construction has been suspended. Since that time, the firm has been "evaluating, pursuing, and preparing for multiple alternatives including strategic, financing, and legal alternatives," it said.

Namaste Technologies Inc (CVE:N) (OTCMKTS:NXTFF) announced changes to its board of directors on Tuesday afternoon with the resignation of Kenneth Ngo, the cannabis company’s chief financial officer. "I wish to thank Kenneth for stepping onto the Board of Directors in December 2018 as we reshaped the company,” said Meni Morim, interim CEO of Namaste Technologies. “With the addition of Ken Jones and Andy Wilczynski, who can provide financial expertise to the board, Kenneth has decided to step down as a board member.”

A number of new players have been added to the monthly rebalance of The Cannabis ETF (NYSE:THCX), Innovation Shares, a provider of thematic ETFs announced on Tuesday.  The Cannabis ETF gives investors a tool to invest in the legal marijuana and hemp industries. Valens GroWorks Inc (CVE:VGW) (OTCMKTS:VGWCF), EnWave (CVE:ENW), cbdMD Inc. (NYSE:YCBD) and Fire & Flower Holdings (TSE:FAF) have all been added to the portfolio.

Pressure BioSciences Inc. (OTCQB:PBIO) announced that it will host a teleconference to discuss its Second Quarter 2019 financial results and provide a business update on Thursday, 15 August, at 4:30pm Eastern Time.

NexTech AR Solutions Corp (CSE:NTAR) (OTCQB:NEXCF) is bringing its augmented reality (AR) to a new sector this week: clean air for the cannabis industry.  The company said in a statement on Tuesday that it has reached a deal with Alpine Innovative Research Inc, a producer of air purifiers for cannabis growers.

Biocept Inc (NASDAQ:BIOC), a liquid biopsy provider, has been awarded three new patents, the company announced Thursday, adding to its extensive intellectual property portfolio.  The patents — one US, one Canadian and one European — cover Biocept’s antibody and microchannel technology and the detection of cancer cells, which collectively is used to capture cells of interest in a biopsy.

CUI Global Inc's (NASDAQ:CUI) wholly-owned energy subsidiary, Orbital Gas Systems, revealed that it has won an order to deploy its VE Technology, including sample probe and analyzer at a new US customer's natural gas liquids plant. Orbital Gas Systems, which has offices in Houston, Texas and the UK, did not disclose the size of the deal, or the name of the US gas operator for business confidentiality reasons. The company’s flagship VE technology employs specialized sampling probes to take smaller, more consistent and cleaner gas samples

Lexaria Bioscience Corp (CSE:LXX) (OTCMKTS:LXRP) said that its subsidiary, Lexaria CanPharm ULC, has been issued a cannabis research and development (R&D) license by Health Canada. The company said that the license, which is effective immediately, has a four-year term until August 9, 2023 unless renewed. Lexaria shared its R&D blueprint, saying its lab will focus on producing and evaluating topical creams and lotions, orally-ingested product formats for delivery of active ingredients including THC, CBD, NSAID’s such as ibuprofen, PDE5-inhibitors such as those used in Viagra; nicotine and other molecules.

Cannabis analytics company EuroLife Brands Inc (CSE:EURO) (OTCMKTS:CANVF) is debuting with a new name and trading symbol as the company turns its focus to Europe and South America. The company formerly known as Cannvas MedTech Inc is beginning a new chapter as it applies its education and analytics platforms to a new line of business poised for aggressive global expansion. On Tuesday, EuroLife told shareholders that its shares will begin trading under the ‘EURO’ ticker symbol on the Canadian Securities exchange effective August 14, 2019. Its digital properties will also be updated to reflect the new EuroLife branding.

CUI Global Inc's (NASDAQ:CUI) wholly-owned energy subsidiary, Orbital Gas Systems, revealed that it has won an order to deploy its VE Technology, including sample probe and analyzer at a new US customer's natural gas liquids plant. Orbital Gas Systems, which has offices in Houston, Texas and the UK, did not disclose the size of the deal, or the name of the US gas operator for business confidentiality reasons. The company’s flagship VE technology employs specialized sampling probes to take smaller, more consistent and cleaner gas samples.

Codebase Ventures Inc (CSE:CODE) (OTCMKTS:BKLLF) told investors Tuesday that its subsidiary Arcology is on track to become the first enterprise blockchain to process one million network-wide transactions per second. Arcology is an enterprise-grade blockchain platform that is designed to compete with industry leaders like Ethereum and EOS. Vancouver-based Codebase said that recent tests of Arcology’s communication protocols confirmed that the network can improve performance dynamically and according to individual user needs, a major achievement in the commercial blockchain space.

Nano One Materials Corp (CVE:NNO) (OTCMKTS:NNOMF) said its collaboration with leading lithium iron phosphate (LFP) cathode materials producer Pulead Technology has yielded better than expected results. Under a deal struck in January this year, the two companies have been collaborating to develop and optimize scaled up production of LFP cathode materials using Nano One's patented technology to make lithium ion batteries, which are currently in great demand.

Point Loma Resources Ltd (CVE:PLX) is seeing good progress at its Wizard Lake oil project, announcing Tuesday that it had successfully drilled and cased one of the wells on the property. The move extends the pool at the HZ 1-8-48-27W4 Rex well at Wizard Lake, located in west central Alberta.

American Manganese Inc (CVE:AMY) (OTCMKTS:AMYZF) reported further advances at its ground-breaking battery recycling pilot plant project, with the firm's contractor now to begin final stages testing of NCA (lithium-nickel-cobalt-aluminum) cathodes, it said Tuesday. The plant's technology allows the group to extract cathode metals, such as lithium, cobalt, nickel, manganese, and aluminium at battery grade purity, with minimal processing steps.

RNC Minerals Corp (TSE:RNX) is set to optimise its mine plan at Beta Hunt in Australia after it revealed it had filed an "outstanding" updated resource estimate for the asset. A recently completed resource definition drilling program at Beta Hunt has significantly added to the resource by upgrading and extending the mineral resources at the Western Flanks and A Zone, the miner said in a statement.

Pacific Empire Minerals Corp (CVE:PEMC), the prospect generator group, told investors it will focus its exploration efforts this year on its Pinnacle porphyry project in British Columbia in the light of an improving gold market and a falling copper price. The asset covers over 14,000 hectares and includes the firm's NWT and Pinnacle Reef projects into one contiguous land position. All the necessary permits have been submitted and induced polarization  surveys were expected to begin shortly, while reverse circulation (RC) drilling is earmarked for this fall and winter.

Genprex Inc’s (NASDAQ:GNPX) chairman and chief executive, Rodney Varner has trumpeted the gene therapy company’s recent achievements, noting that it has completed part of its overall strategy to expand its clinical development programs and bring its lead drug candidate, Oncoprex immunogene therapy, to commercialization. In a statement on Tuesday, Varner said: “Since Genprex’s IPO last year, we have made significant progress in many areas of the company, including progress toward expansion of our clinical programs and sponsored research, our manufacturing process development and scalability, and the growth of our team to support these initiatives.”

FSD Pharma Inc (CSE:HUGE) (OTCMKTS:FSDDF) partner Aura Health Inc (OTCMKTS:LMLLF) is working to equip the cannabis company with EU-GMP certification through its existing supply agreement, Toronto-based Aura said in a release Tuesday.  Aura is in the process of acquiring an 80% stake in Germany-based Pharmadrug Production GmbH. FSD Pharma expects to be a preferred but not sole cannabis supplier to Pharmadrug for the German market once this happens.  Pharmadrug will initially commit to buying approximately 1,000 kilograms of Canadian produced cannabis from FSD Pharma at a price of C$7 per gram provided the product is saleable in the German market.

Exactus Inc. (OTCQB:EXDI) said it plans to report its second quarter 2019 financial results after the US market close on Wednesday, August 14, 2019 and will hold an investor conference call on Thursday, August 15 at 4:30pm Eastern Time to discuss the results and provide a business update for the second quarter.

Universal mCloud Corp (CVE:MCLD) said the TSX Venture Exchange has accepted for filing documentation pertaining to the amalgamation agreement, dated June 12, 2019, between the company and Fulcrum Automation Technologies Ltd. Under that agreement, Universal mCloud has acquired the business of AutoPro Inc for a consideration of 60 million common shares in the company as well as cash of $18-million. The group said Raymond James will receive a fee of $750,000 in connection with the agreement.

Antibe Therapeutics Inc. (CVE:ATE) has closed its previously announced public offering of 26,833,332 units of the company at a price of $0.30 per unit raising aggregate gross proceeds of $8,050,000. Each Unit was comprised of one common share of the company and one-half of one common share purchase warrant. Each full warrant is exercisable to purchase one common share at any time prior to 13 August 2022 at a price of $0.40 per common share. The company intends to use the net proceeds of the Offering to fund certain activities in preparation for planned meetings with regulatory agencies and eventual global partnering discussions anticipated to commence subsequent to the completion of the on-going Phase 2B dose-ranging, efficacy study for ATB-346.

Pacton Gold Inc (CVE:PAC) said the TSX Venture Exchange has accepted for expedited filing documentation pertaining to the mineral property acquisition agreement dated July 23, under which the company may acquire a 100% interest in nine mineral claims located in the Red Lake mining division, Ontario, known as the Golden Loon property, in consideration for which the company will pay $100,000 and issue 400,000 shares.

Pacton Gold Inc (CVE:PAC) also said the TSX Venture Exchange has accepted for expedited filing documentation pertaining to the mineral property acquisition agreement dated July 23, 2019, under which the company may acquire a 100% interest in five mineral claims located in the Red Lake mining division, Ontario, known as the Pakwash property, in consideration for which the company will pay $100,000 and issue 400,000 shares.

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