NA Proactive news snapshot: AgraFlora Organics International, EuroLife Brands, Progressive Planet Solutions …

NA Proactive news snapshot: AgraFlora Organics International, EuroLife Brands, Progressive Planet Solutions …

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AgraFlora Organics International Inc (CSE:AGRA) (OCTMKTS:AGFAF) said Wednesday that its wholly-owned subsidiary Farmako GmbH has submitted an application to the regional authorities in Germany for EU Good Manufacturing Practice (EU-GMP) certification, and a manufacturing and import authorization (MIA) license under the German Medicinal Products Act. In a statement, the diversified international cannabis company said that with the submission of its application documents, it anticipated the EU-GMP and MIA licensing processes to be completed by the summer. EuroLife Brands Inc (CSE:EURO) (OTCMKTS:EURPF), the cannabis-focused group, revealed it had a new chief financial officer, Dean Callaway, who will provide his services on a contractual basis.  It comes as Miroslav Beganovic steps down as finance chief and corporate secretary and leaves with the firm's best wishes, while chairman and chief executive Shawn Moniz becomes corporate secretary. Progressive Planet Solutions Inc (CVE:PLAN) (OTCMKTS:ASHXF), the natural pozzolan-focused group, is aiming to lay the groundwork to expand operations this year and is finalizing exploration plans for its properties in British Columbia. In a corporate update, the firm also updated on its research partnership with the University of Alberta on work to improve the natural pozzolan from its Z-1 Quarry in the province. Next Green Wave Holdings Inc (CSE:NGW) (OTCMKTS:NXGWF) said Wednesday that it has surpassed US$1 million in net sales from a combination of dispensary, bulk flower and CBD sales (online and retail).  "We remain committed to moving into profitability and growing our distribution network,” said CEO Michael Jennings in a statement. Blackrock Gold Corp (CVE:BRC) reported final dill assays from its 2019 program at the Silver Cloud project in Elko County, Nevada, where it has now defined a mineralized strike of 250 metres. A follow-up drill program is now ongoing to test the Northwest Canyon east-west structure down dip and aims to expand upon this new strike length to the west. Parallax Health Sciences Inc (OTCMKTS:PRLX) is trying its hand at developing a low-cost rapid coronavirus test, through its wholly-owned subsidiary Parallax Diagnostics Inc. The subsidiary plans to employ a partnership strategy to develop, acquire or license monoclonal and polyclonal antibodies, which can be used to develop a COVID-19 screening test. The idea is to deliver the test in conjunction with the manufacturing and distribution of the company’s patented and FDA 510(K) approved VT-1000 Immunoassay diagnostic platform.  LeanLife Health Inc (CSE:LLP), the Omega-3 product-focused firm, has tapped former Procter & Gamble Co (NYSE:PG) executive Marisa Sanchez to take charge of sales of its products in Mexico.  Sanchez previously worked at P&G for ten years, where she sourced products for its health and beauty care groups. After P&G, she went on to launch an import/export company that distributed an array of popular French beauty products. Fura Gems Inc (CVE:FURA) (OTCMKTS:FUGMF), a gemstone mining and marketing company, announced Wednesday it has arranged a long-term loan facility. The Toronto company said the arrangement involves the issuance of a grid promissory note to a private company that will immediately lend it US$21 million. An additional US$7.6 million remains available for drawdown by Fura Gems at a later date, subject to the terms of the note, for a maximum aggregate principal amount of US$28.6 million. The proceeds are expected to be used for the advancement of its Coscuez emerald project in Colombia, its ruby projects in Mozambique and its sapphire projects in Australia. GSRX Industries Inc. (OTCMKTS:GSRX) announced that its board of directors has been re-constituted under a written resolution received by the company from its majority shareholder, Chemesis International Inc., which holds over two-thirds of the voting power with respect to the removal and appointment of board members. Effective immediately, the group said, Leslie Ball, Christian Briggs, and Steven Farkhas are no longer directors of GSRX; and Troy Nihart and Jeff Rogers have joined the board. The company also announced that Nihart has been appointed chairman of the board, and interim president and CEO, replacing Ball in the latter offices. Medexus Pharmaceuticals Inc (CVE:MDP) said the TSX Venture Exchange has accepted for filing documentation in relation to its purchase agreement, dated February 28, 2020, with Aptevo Therapeutics Inc., under which the company will acquire all of the vendor's outstanding limited liability interests for upfront cash consideration of approximately US$30 million. The group said the acquisition will be financed entirely with existing cash and a new US$20 million term loan credit facility with MidCap Financial. Globex Mining Enterprises Inc. (TSE:GMX) (OTCMKTS:GLBXF) announced that the Toronto Stock Exchange has approved the renewal of its normal course issuer bid (NCIB). Under the NCIB, as renewed, Globex said it will be entitled to repurchase for cancellation up to 1,000,000 common shares, representing approximately 1.84% of its issued and outstanding shares as of March 1, 2020, over a twelve-month period starting on March 13, 2020 and ending on March 12, 2021. The group intends to acquire the common shares because it believes that the repurchase of common shares at certain market prices is beneficial to the company and its shareholders. It said it intends to make any purchases on an opportunistic basis, taking share price and other considerations into account. Great Panther Mining Limited (NYSEAMERICAN:GPL) (TSX:GPR) said it has scheduled the release of its fiscal year 2019 financial results for Monday, March 16, 2020 after the market close. The group added that a conference call and webcast will be held on March 17, 2020 at 10:00am Eastern Time (7:00am Pacific Time) to discuss the results and provide a corporate update, with Jeffrey Mason, its interim president and CEO, Neil Hepworth, COO,Jim Zadra, CFO and corporate secretary, and David Wiens, VP, Corporate Finance and Treasury to host the call. Arcadia Biosciences, Inc. (NASDAQ:RKDA), a leader in science-based approaches to enhancing the quality and nutritional content of crops, has announced that it will release its 2019 fourth-quarter and full-year financial and business results after the market close on March 25, 2020. The company said it has scheduled a conference call for 4.30pm Eastern time (1.30p, Pacific time) to discuss the results and the year's key strategic achievements. Interested participants can join the conference call using the following numbers: US Toll-Free Dial-In: +1-844-243-4690; International Dial-In: +1-225-283-0138; Passcode: 8662765 A live webcast of the conference call will be available on the Investors section of Arcadia's website at www.arcadiabio.com. Harvest One Cannabis Inc. (CVE:HVT) (OTCMKTS:HRVOF) announced that MMJ Group Holdings Ltd. has agreed to extend the maturity date of a secured loan agreement in the amount of $2,000,000, issued on January 10, 2020, to June 8, 2020, subject to earlier repayment in certain circumstances. The group said the loan, as amended, continues to be secured by a general security agreement over all of the present and future assets of the company, including intangibles, and continues to bear interest at a rate of 15% per annum on the principal amount outstanding. In consideration for the extension, the company has agreed to issue common share purchase warrants which will entitle the holder to purchase one common share at a price of $0.06 at any time until the earlier of: (i) the date of the extension or renewal of the loan; and (ii) the second anniversary of the date of the issuance of the warrants. The common shares issuable upon the exercise of the warrants will be subject to a hold period expiring four months and a day from the date of issuance.

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