A look at some of the day’s highlights from US and Canada Proactive Investors news
Inc () presents two posters describing the efficacy, safety and quality of life outcomes in its Phase 2 clinical trial BELIEVE using Zygel in children and adolescents with developmental and epileptic encephalopathy. Zygel is the Devon, Pennsylvania-based company’s lead product candidate, a patent-protected CBD skin gel that is also being studied for the treatment of other neurological disorders. In a statement on Friday, the company said the posters were revealed today at the American Epilepsy Society (AES) 2020 annual virtual meeting. Both posters are available on Zynerba’s corporate website. “These recently reported data are exciting as they describe the compelling antiepileptic activity of Zygel in children and adolescents suffering from developmental and epileptic encephalopathies, or DEE, for twelve months of treatment,” said Dr. Joseph Palumbo. “This is particularly exciting, as this study was conducted in a refractory seizure population in which patients failed to show an adequate response despite taking as many as four anti-seizure drugs. Additionally, we observed a reduction in equally convincing crisis in children with a coexisting diagnosis of autism spectrum disorder “.
The Prospectors & Developers Association of Canada (PDAC) has chosen Oxygen Capital President and Pure Gold Mining Inc () () Director Mark O’Dea as the recipient of the Viola R. MacMillan Award 2021. The award, which is named after by the longest serving president of PDAC, it is awarded to an individual or organization that demonstrates leadership in the management and funding of mineral resource exploration and development.
Virtual Investor Conferences, the proprietary virtual event series from OTC Markets Group Inc (), has released the agenda of its upcoming two-day Metals and Mining Virtual Investor conference on December 8 and 9. The event, sponsored by Red Cloud Securities Inc, is designed to connect investors, analysts and advisors with senior representatives of mining companies. The conference is expected to open at 8:45 am ET on December 8, with a keynote speech from Red Cloud Securities kicking off at 9:00 am.
KushCo Holdings Inc () noted that its investee company XS Financial Inc (CSE: XSF) (OTCQB: XSHLF) has entered into an agreement to provide Columbia Care (NEO: CCHW) (OTCQX: CCHWF) (FRA: 3LP) with a ‘equipment lease up to US $ 5.0 million for the purchase of new equipment. XS Financial, in which KushCo Holdings has a stake of approximately 19%, is a specialized finance company that provides scalable equipment leasing solutions to cannabis and hemp companies in the United States. KushCo formed a partnership and invested in XS Financial in January 2020.
Bevcanna Enterprises Inc () () paid off the debt in the amount of $ 311,975 owed by the company to certain creditors of the company in exchange for 575,000 common shares at $ 0.40 per debt settlement share and 182,167 debt settlement shares to $ 0.45 per debt settlement fee. The company also announces that it has granted a total of 700,000 stock options for the purchase of a maximum of 700,000 ordinary shares to two consultants of the company. The options granted vest immediately upon grant and are exercisable for a period of one year from the grant date at $ 0.47 per ordinary share. The 575,000 debt settlement shares issued at $ 0.40 are subject to a holding period of four months and one day from the date of issue. None of the securities acquired in the concession are subject to a holding period.
Byrna Technologies Inc () () posted record sales of $ 11.1 million for the fiscal fourth quarter ended November 30, more than double the $ 4.2 million in the third quarter. Domestic sales accounted for 91 percent of the total, and more than 85 percent of sales were generated via the company’s e-commerce website, Byrna said. Law enforcement sales accounted for 3.4%.
Technology Inc () (FRA: 26N) (OTCQB: NTTCF), a cryptocurrency payments company, revealed on Friday that it is developing a non-fungible token platform (NFT) based on smart contracts for merchants and, ultimately, the its rapidly growing user base to enable “authenticity and provenance tracking” of products using Ethereum’s smart contract technology. The Vancouver-based firm said the product “opens up a new use case for developing the blockchain universe.” Non-fungible tokens contain identifying information recorded in their smart contracts. It is this information that makes each NFT different and as such cannot be directly replaced by another token. A non-fungible token is a special type of cryptographic token, which represents something unique; non-fungible tokens are therefore not mutually interchangeable. This is in contrast to cryptocurrencies such as bitcoin which are fungible in nature.
KushCo Holdings Inc () noted that its associated company XS Financial Inc (CSE: XSF) (OTCQB: XSHLF) has entered into an agreement to provide Columbia Care (NEO: CCHW) (OTCQX: CCHWF) (FRA: 3LP) with a ‘equipment lease of up to 5.0 million US dollars to purchase new equipment. XS Financial, in which KushCo Holdings has a stake of approximately 19%, is a specialized finance company that provides scalable equipment leasing solutions to cannabis and hemp companies in the United States. KushCo formed a partnership and invested in XS Financial in January 2020.
() (FRA: LBDP) (OTCPINK: KDKGF) announced that at its annual general meeting of shareholders held on Thursday, the company’s shareholders elected five directors to their board, namely Peter Tallman, Gordon Keep, John Pallot, Steven Brunelle and Tara Christie. Group shareholders also approved all other proposed issues, including the appointment of Davidson & Company as the company’s auditor and approval of the company’s stock option plan.
Hill Street Beverage Company Inc () said that TSX Venture Exchange has agreed to file documentation relating to an unmediated private placement announced on November 5, 2020, which will see the issue of 17,019,000 shares at a purchase price of 5 cents per share, together with 17,019,000 share purchase warrants at an exercise price of 13 cents for two years with 30 seats.
Group Eleven Resources Corp () stated that TSX Venture Exchange has agreed to submit documentation relating to an unmediated private placement announced on July 9, 2020 and July 20, 2020, which saw the issue of 25,833,333 shares at the price of purchase of 6 cents per share, together with 12,916,667 warrants for the purchase of shares with an exercise price of 12 cents for a three-year period with 21 seats.
Vehicles Corp. (), a designer and manufacturer of electric vehicles, said it is expected to participate in the following virtual financial conferences in December 2020: Benzinga Global Small Cap Conference Wednesday, December 9 at 12.45pm ET; Participation in the Electric Vehicle (EV) panel Wednesday, December 9 at 2:30 PM ET; Connecting to the conference and panel recording: https://events.benzinga.com/registration-pagis; and LD Micro’s 13th Annual Main Event on Tuesday, December 15 at 2:20 PM ET; Conference registration link: https://ve.mysequire.com/
Benchmark Metals () (OTCQB: BNCHF) announced that Jim Greig, the company’s president, will be presenting live at VirtualInvestorConferences.com on December 9, 2020, at 12.30pm ET via the following link: https://bit.ly/3f2vL7P. This will be an interactive, live online event where investors are invited to ask questions of the company in real time. If attendees are unable to attend the live event on the day of the conference, an archived webcast will also be available after the event. Investors are advised to pre-register and run the online system check to expedite participation and receive updates on events. Learn more about the event on www.virtualinvestorconferences.com.
. () (OTCMKTS: CYLYF) (FRA: CCY) announced that its Bharat Parashar, president and chief executive officer, and Sasha Jacob, the company’s founder and strategic advisor, will host an investor webinar on Tuesday, December 8, 2020 at 12.00pm EST . The webinar will provide attendees with an overview of the company, its interesting recent developments as it accelerates the production of its high-quality graphite deposits, as well as details on how the company is positioned to be a significant participant in the electric vehicle and battery. high growth storage markets. Link to register for the webinar: https://my.6ix.com/DveBYPHa. Parashar commented, “I encourage existing and prospective investors to attend this interactive meeting so that they can have the opportunity to learn more about Ceylon Graphite and the unique investment opportunity the Company presents. Graphite currently affects ours. daily life in many ways and will become even more important in the years to come as the world turns green and electric vehicles and storage batteries are further adopted. ” Ceylon Graphite also said it will present at the following virtual investor conference in the new year: Virtual Metals Investor Forum, January 14-15, 2021
. () (OTCQX: MYIDF) announced that the company’s CEO, Neil Sweeney, has filed an early warning report in relation to a recently completed holding reorganization solely between the parties directly under his control, resulting in the creation of a new insider of Killi, 2393304 Ontario Inc. On November 27, 2020, Sweeney and Sweeney Oriole Trust acted jointly by transferring all of their common shares in the capital of Killi to 2393304 Ontario Inc. The trust, which owns 100% of 2393304 Ontario Inc, and Sweeney transferred a total of 100,000,000 Killi common shares, representing approximately 33.7% of the company’s issued and outstanding common stock. The ordinary shares were acquired for investment purposes.
Hill Street Beverage Company Inc () also announced that following its December 3, 2020 press release that the TSX Venture Exchange has approved the repricing of the company’s 19,405,804 warrants originally issued on July 27, 2018, at C $ 0.10 . These warrants will expire on December 31, 2020. For anyone wishing to exercise these warrants, please contact CEO Terry Donnelly at details below at [email protected] or (416) 543-4904.