NA Proactive news snapshot: Namaste Technologies, Zynerba Pharmaceuticals, Allot, CROP Infrastructure …

NA Proactive news snapshot: Namaste Technologies, Zynerba Pharmaceuticals, Allot, CROP Infrastructure …

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Namaste Technologies Inc (CVE:N) (OTCMKTS:NXTTF) announced Monday that Choklat Inc, a craft chocolate manufacturer and chocolatier in which Namaste holds a 49% equity, has received a processing license from Health Canada to produce a line of chocolate bars, drink mixes and infused sugar. "Receiving the processing license from Health Canada is a significant achievement and milestone," said Choklat CEO Brad Churchill in a statement, noting that the partnership will leverage the extensive B2B sales channels that Namaste subsidiary CannMart Inc has built.  Zynerba Pharmaceuticals Inc (NASDAQ:ZYNE) has hit the enrollment target for a Phase 2 study of its CBD-based autism treatment Zygel. The 14-week study, known as BRIGHT, has enrolled 36 pediatric and adolescent patients with autism spectrum disorder (ASD) in Australia. The goal is to evaluate the efficacy and safety of Zygel in patients with autism, using measurements such as the Aberrant Behavior Checklist, the Parent Rated Anxiety Scale, Autism Impact Measure and others. Allot Ltd (NASDAQ:ALLT), the security and smart network intelligence solutions company, said Monday that an undisclosed top mobile group operating in Central and Eastern Europe, has selected the Allot NetworkSecure Security-as-a-Service solution to protect its mobile users against cyber threats and offer a layer of parental control. With the help of Allot NetworkSecure, this company will be able to offer its customers the chance to protect their mobile devices from a range of cyberthreats, including malware, phishing, ransomware and crypto-jacking.  CROP Infrastructure Corp (CSE:CROP) (OTCMKTS:CRXPF) unveiled a sweeping proposed restructuring drive to divest itself of its underperforming assets, monetize its producing assets and “consolidate its share capital” to facilitate equity financing. CROP Infrastructure is focused on real estate assets and cannabis branding. The company name spells it out in a clear way: CROP is an acronym for Cannabis Real Estate Opportunity Portfolio, and it offers turnkey services by building, leasing and managing international cannabis and hemp infrastructure. Antibe Therapeutics Inc (CVE:ATE) (OTCMKTS:ATBPF) took another step towards commercializing its lead drug ATB-346 with the hiring of a new executive team member. Seasoned pharmaceutical executive Dr Rami Batal is joining the Toronto-based company as its new senior vice president, commercial strategy. With experience in pharmaceutical development and commercialization of pain drugs globally, Batal helped guide in-licensing on behalf of major pharma companies.  Millennial Lithium Corp (CVE:ML) (OTCQB:MLNLF) has increased its footprint at the flagship Pastos Grandes lithium project after the mining Court of Salta granted its Argentinian subsidiary four of the five mining licenses that comprised the original REMSA properties.  "Millennial is pleased to have received four of the mining licenses which comprise approximately 97% of the REMSA properties area of our Pastos Grandes project," the resource junior said in a statement. "The licenses granted total approximately 6,447 hectares (ha). Millennial expects the fifth license to be granted in the near future," it said. Great Panther Mining Limited (NYSEAMERICAN:GPL) (TSE:GPR) said its acquisition of the Tucano gold mine in Brazil last year nearly tripled the miner's gold equivalent production for 2019, as it posted full-year and fourth-quarter output figures. The metals miner generated around 147,000 consolidated gold equivalent ounces for the whole year -  a 182% increase on 2018. Acasti Pharma Inc (NASDAQ:ACST) (CVE:ACST) says further analysis is underway after topline results from its TRILOGY 1 trial for lead product CaPre did not reach statistical significance due to the unusually large placebo effect. The biotech is developing the krill-oil derived drug called CaPre to treat hypertriglyceridemia (high levels of triglycerides in the blood), which is known to contribute to heart disease and the findings of this Phase III trial have been much anticipated. eWellness Healthcare Corporation (OTCMKTS:EWLL), a provider of the state of the art PHZIO platform for the physical therapy (PT) and telehealth markets said it plans to launch by February 2020 a brand new Direct To Consumer PHZIO PT Treatments that include a Digital Advertising Program targeting individuals with back pain who are 30-50 years old. Ascent Industries Corp (CSE:ASNT) (OTCMKTS:PGTMF) announced after the close on Friday that CEO Paul Dillman has resigned from his position effective immediately to pursue other opportunities. Dillman is also leaving his position on the board of directors.  Newrange Gold Corp (CVE:NRG) (OTCMKTS:NRGOF) said it had brought in a total of C$1.5 million after it closed the second tranche of a placing for gross proceeds of C$495,000. The funds will be used to advance its flagship Pamlico gold project in Nevada, USA, for exploration at its newly-acquired Western Fold property in the Red Lake mining area of Ontario, Canada and for general working capital, it said in a statement.  Minera Alamos Inc. (CVE:MAI) has closed the private placement with Osisko Gold Royalties Ltd., announced on 6 December, 2019, consisting of 30,000,000 common shares in the company at a price of $0.20 each, raising aggregate gross proceeds of $6,000,000. It noted that, as a result of the offering, Osisko has increased its holding in the company’s common shares to 18.7% from 12.3%. Minera Alamos said it intends to use the net proceeds of the offering as a component of the capital funding required for building it’s Santana gold mine in Sonora, Mexico. Phunware (NASDAQ:PHUN), the provider of cloud platforms for mobile, has revealed that it filed a shelf registration statement on Form S-3 with the Securities and Exchange Commission on January 10. The Austin, Texas-based company provides a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide. Currently, the company has no plans to issue securities under the registration statement. However, Phunware is of the view that it’s prudent to file the shelf registration statement as a matter of standard corporate governance and to allow it to access the capital markets going forward.  Berkwood Resources Ltd (CVE:BKR) announced on Friday that the TSX Venture Exchange has accepted for filing documentation with respect to a discretionary waiver non-brokered private placement, announced on November 7, 2019, and December 13, 2019, which will see the company issue 5,172,000 shares at a price of 2.5 cents each, together with 5,172,000 share purchase warrants at an exercise price of five cents for a two-year period with 11 placees. Aftermath Silver Ltd (CVE:AAG) said on Friday that the TSX Venture Exchange has accepted for filing a share purchase agreement by the company and Mandalay Resources Corp., dated November 8, 2019, under which Aftermath will acquire all of the issued and outstanding shares of Minera Mandalay Challacollo Ltda., the holder of the Challacollo silver-gold project, located in Chile. As consideration, the company will pay $7.5million to the sellers, of which up to $2.75million may be paid in shares of the company, subject to the further approval of the exchange. The sellers will also receive a net smelter royalty (NSR) of 3% on the Challacollo silver-gold project up to a maximum of $3million. An arm's-length finder's fee of $407,500 is payable to Elysium Mining Ltd.

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