NA Proactive news snapshot: Codebase Ventures, Lingo Media Corp, Gatling Exploration …

Codebase Ventures Inc (CSE:CODE) (OTCMKTS:BKLLF), a venture capital company investing in early-stage technology and cannabis companies, said Wednesday that its wholly-owned subsidiary Titan Shrooms and Psychedelics Inc, saw a “rapidly changing” environment for natural psychedelics in the United States.  For most, psychedelic drugs conjure up images of the 1960's, hippies tripping out on LSD or magic mushrooms. However, the company said early studies are finding that psilocybin – the active agent in magic mushrooms could treat addiction, depression, anxiety and mental health conditions like post-traumatic stress disorder (PTSD). Lingo Media Corporation (CVE:LM) (OTCMKTS:LMDCF) announced Wednesday that its subsidiary ELL Technologies Ltd has signed an agreement to license its interactive English language learning solution called English for Success to Liberty University. Liberty University is one of the largest private, non-profit universities in the US and one of the largest Christian universities in the world, hosting about 700 international students from 70 countries at its campus in Lynchburg, Virginia. Gatling Exploration Inc (CVE:GTR) (OTCMKTS:GATGF) continues to make good progress at its Larder gold project in Ontario and has now uncovered a new area of mineralization called the 'North Zone' at the Cheminis part of the project. Cheminis is one of three deposits at the Larder property. The other two are Bear and Fernland. Gatling believes all three are connected.  NexTech AR Solutions Corp (OTCMKTS:NEXCF) (CSE:NTAR) has signed a new contract with gunmaker Walther Arms, expanding its deal with the company into 2020, and adding on three additional augmented reality (AR) experiences. Walther, which manufactures the iconic PPK gun featured in James Bond films, has been a NexTech customer since April 2019. With NexTech’s technology, Walther customers can view firearms online in full 3D before making a purchase. Weekend Unlimited Industries Inc (CSE:POT) (OTCQB:WKULF) has shored up its finances by raising C$2 million after closing the first tranche of a private placement of up to 16 million units.  Each unit consists of a share and a warrant to purchase an additional share for $0.17, for a period of two years from the issue date.  Media Central Corporation Inc (CSE:FLYY) is going digital with the launch of a trove of online video content. The Toronto-based company said Wednesday that it is upgrading its digital properties to include online video capabilities in a bid to capitalize on the growing demand for various forms of news dissemination. Media Central’s flagship publication, NOW Magazine, will be the first title to incorporate video journalism designed to reach a maximum audience. Editorial videos will launch on NOW’s website by March 5, 2020. Cenovus Energy Inc (TSE:CVE) said it had a strong 2019, which saw the Canadian oil producer increase its cash from operations and reduce net debt. Net earnings from continuing operations came in at C$113 million or C$0.09 per share in the fourth quarter to December 31, compared with a loss of C$1.35 billion, or C$1.10 per share in the same period a year ago. Total output from continuing operations rose 8% to 467,448 barrels of oil equivalent per day. Capstone Turbine Corporation (NASDAQ:CPST), the world’s leading clean technology manufacturer of microturbine energy systems, announced that it has been invited to present at the NobleCon16 – Noble Capital Markets’ 16th Annual Investor Conference at the Hard Rock Hotel and Casino in Hollywood, Florida on February 18, 2020. “I look forward to continuing the dialog with potential shareholders on the progress of our margin expansion initiatives and the importance of the high margin aftermarket business to reaching our positive adjusted EBITDA goal,” said Darren Jamison, President and Chief Executive Officer of Capstone. Osino Resources Corp (CVE:OSI) said the company's offering prospectus, dated January 23, 2020, was filed with and accepted by the TSX Venture Exchange, and filed with and receipted by the British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, New Brunswick, Nova Scotia, Prince Edward Island, and Newfoundland and Labrador securities commissions. The group added that the TSX Venture Exchange has been advised that closing occurred on January 30, 2020, for gross proceeds of $14,000,337, with 17,949,150 units - consisting of one share and one-half of one warrant - issued at a price of 78 cents per unit, with the warrant exercise price at $1.05 per share for a period of 24 months. EnWave Corporation (CVE:ENW) has tapped Patrick Turpin, CEO of Popchips, to its board. Turpin is the founder of Popchips, the maker of potato and corn chips which are healthier, but similar to traditional potato chips. Before that, Turpin worked as a senior executive at Costco Wholesale where he was in charge of launching the discount retailer’s gas station business and its executive-membership division. Post Turpin’s arrival, EnWave’s board is now comprised of five independent directors and a pair of non-independent directors. EnWave’s flagship product is its Radiant Energy Vacuum dehydration technology in the cannabis, food and pharmaceutical sectors Enwave Corporation has also received an 'outperform' rating from investment bank Raymond James, which has started covering the stock, according to The Globe and Mail.  Analyst Steve Hansen has placed a C$2.50 share target (two cents above the consensus) on the stock, seeing the firm as "poised to demonstrate very robust revenue/EBITDA [earnings before interest, taxes, depreciation and amortization] growth throughout our forecast horizon". The share target reportedly represents a 72% return from Friday's closing share price. Medexus Pharmaceuticals Inc. (CVE:MDP) (OTCMKTS:DDPF) said it plans to host a conference call at 8:00am Eastern Time on Wednesday, February 19, 2020 to discuss the company’s financial results for the third quarter ended December 31, 2019, as well as its corporate progress and other developments. The company expects to file its financial statements along with its MD&A post-market on February 18, 2020. The conference call will be available via telephone by dialing toll-free 844-369-8770 for Canadian and U.S. callers or +1 862-298-0840 for international callers, or on the Investor Events section of the company website.