NA Proactive news snapshot: Verde AgriTech, mCloud Technologies, GlobeX Data, CytoDyn …

NA Proactive news snapshot: Verde AgriTech, mCloud Technologies, GlobeX Data, CytoDyn …

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Verde AgriTech Plc (TSE:NPK) (OTCQB:AMHPF) has seen a huge growth in revenue in its first-quarter driven by higher production and fertilizer sales of over 10,000 tons. The Brazil-based company reported C$509,532 in revenue, a 230% increase from the C$154,279 it reported during the year-ago quarter. Production and sales were both higher than last year’s quarter, with production up 32% at 6,375 tons and sales increasing by 830% to 10,170 tons. mCloud Technologies Corp (CVE:MCLD) (OTCMKTS:MCLDF), the IoT and AI specialist, is joining forces with SecureAire to create a tech solution to beat the spread of the killer coronavirus within buildings. The firm is combining the air quality capabilities of its AssetCare monitoring platform with air purification technology via a partnership with SecureAire. mCloud's AssetCare is deployed via IoT thermostats and air quality sensors to adaptively ventilate and manage airflow, while SecureAire provides an air filtration system, which is used today in over 60 hospitals. GlobeX Data Ltd (OTCQB:SWISF) (CSE:SWIS) announced Tuesday that it has signed a distribution agreement with ValueData Technologies Pvt Ltd of India for all its cybersecurity, data backup, secure communications and Internet-privacy solutions. ValueData, based in Mumbai, has already received several requests for GlobeX's suite of data protection and secure communications and is embarking on a national roll-out of all GlobeX's solutions -- DigitalSafe, PrivaTalk Messenger, PrivaTalk and Custodia. "We are very happy to penetrate the vast and fast-growing cybersecurity market of India,” said GlobeX CEO Alain Ghiai in a statement. “Internet privacy and data security in India has become a prime concern with government organizations, businesses, and wealthy individuals looking at protecting their privacy and their valuable financial information.” CytoDyn Inc (OTCQB:CYDY) has announced plans to work with the Mexican National Institutes of Health (NIH) on a trial of leronlimab for severe coronavirus (COVID-19) patients in the country. The initial trial is expected to include about 30 patients, the company said. After that, there is potential for the NIH of Mexico to get involved in the group's two larger coronavirus trials. “The NIH of Mexico is committed to help alleviate human suffering and mortality of Mexican citizens,” CytoDyn CEO Nader Purhassan said in a statement. “The metropolitan area of the Valley of Mexico has a population of approximately 21.5 million people and the contagious nature of COVID-19 is relentless.” Loop Insights Inc (CVE:MTRX) said it has signed a memorandum of understanding (MOU) with Sun Global Broadband (SGB), a super long-range WiFi specialist, to target international tourism and public safety in the State of Hawaii and for the 2021 Tokyo Olympic Summer Games. Under the deal, the two companies will work together to implement Loop products in SGB’s current and future projects in Hawaii, the verticals of which include smart city, hospitality, food and beverage, convenience and retail applications. SGB has also agreed to introduce Loop to its global partnerships and will look to leverage its network to deliver a fully integrated solution for many opportunities, including the introduction to Japanese companies for the 2021 Summer Olympic Games. Capstone Turbine Corporation (NASDAQ:CPST) revealed its microturbine energy system technology has been selected to power a global pharmaceutical facility in Mexico. The firm said DTC Solutions, its exclusive distributor in Mexico, has secured the order for a 600 kilowatt (kW) Signature Series microturbine to a leading pharmaceutical manufacturer which is due to be commissioned in July. Capstone said the natural-gas-powered microturbine will be installed in a 90,000-square-foot facility and serve as a pilot project to show the benefits of microturbine technology in a combined heat and power (CHP) application, with the potential to implement the solution across two additional manufacturing facilities. AgraFlora Organics International Inc (CSE:AGRA) (OTCPINK:AGFAF), a joint venture partner in Propagation Services Canada Inc which operates a greenhouse in Delta, British Columbia said the facility has secured a standard cultivation license from Health Canada. "Obtaining the license at the Delta facility marks the end of a journey commenced in Q4 2018 and is the key milestone in beginning cannabis sales from what is the second largest and one of the most advanced greenhouses in Canada,” AgraFlora Organics CEO Brandon Boddy said in a statement on Tuesday. “With license in hand, we’re commencing the cultivation of a curated portfolio of elite live plant genetics that will enable us to execute on a focused strategy of high-potency, low-cost cannabis to drive high-volume value brands from coast to coast,” he added. Kincora Copper Ltd (CVE:KCC) revealed Tuesday it has got off to a good start in Australia, with the first exploration hole at its Trundle project in New South Wales underlining the potential of the property. The hole was sunk to a depth of 685 metres (m) at the Trundle Park target and showed positive visual results, hitting multiple mineralized skarn zones and confirming the potential links to the adjacent porphyry system, the company said. Previously, the average depth of holes sunk at the Trundle Park target was only 28 metres, and a high priority follow up hole is planned after these assays are received, it added. Mota Ventures Corp (CSE:MOTA) (OTCPINK:PEMTF) said it has completed an audit of the Nature's Exclusive brand’s 2019 financials having completed an acquisition of the business at the start of 2020. The company said the brand, which provides CBD products to consumers in the US and Europe, clocked up revenue of C$29,034,000 and produced net income of C$3,505,000 over the year, while associated expenses were C$25,530,000. "Completion of the 2019 audit is a culmination of an extensive team effort, and represents a significant milestone in the validation of our eCommerce business,” Mota Ventures CEO Ryan Hoggan said in a statement. Throughout the 2019 calendar year, Nature's Exclusive brand was operated as a separate business segment of Unified Funding LLC. Japan Gold Corp (CVE:JG) (OTCMKTS:JGLDF) has announced the start of a huge exploration program in Japan as part of the Barrick Gold Corp (NYSE:GOLD) (TSE:ABX) alliance, announced in February this year, to jointly explore, develop and mine properties in the country. The junior company will be the operator of the work, which includes stream sampling and gravity surveys, and which will progress from the south to the north of Japan. It is expected to be completed within a year. "The regional exploration program will assist the Barrick Alliance in evaluating the Japan Gold portfolio of projects to determine areas with anomalous gold showings and potentially fertile large structures," John Proust, Japan Gold's CEO said in a statement. ImagineAR Inc (CSE:IP) (OTCQB:IPNFF) announced Tuesday that Division ONE Sports founder Troy Miller has joined the company as an advisor to the CEO with the goal of bringing augmented reality (AR) to college and pro sports stadiums amid the coronavirus (COVID-19) pandemic. Miller’s Division ONE Sports has worked in the sports marketing and consulting services at the college and pro levels since 2003, ImgaineAR noted in a statement. All told, Miller himself has more than $500 million in sports sponsorship and media deals under his belt after 30 years in the industry. The idea is to give sports teams new tools to engage with fans at a time where packing into a stadium isn’t possible. RNC Minerals Inc (TSE:RNX) has released positive new drill results from its Higginsville operation that highlight the potential at the Western Australia property. Drilling at the Pioneer gold deposit on the project extended the mineralization and identified a shallow-plunging high-grade shoot that shows potential for underground development. Results include intersections of 5.4 grams per ton (g/t) gold over 17 metres from 67 metres, including 10.7 g/t over 6 metres. At the company’s paleochannel project, intersections from one target, Jupiter, included results of 234 g/t over 2 metres downhole from 90 metres and 39.2 g/t over 2 metres downhole from 64 metres. Raffles Financial Group Limited (CSE:RICH) announced on Tuesday that it had been hired as an investment advisor for Red Oak Capital's Red Oak Multi-Asset (ROMA) Elite Strategy. The group's subsidiary Raffles Financial Pte Ltd will provide financial advice to supplement and align the overall direction of ROMA, which seeks to consistently generate positive returns from investing in bonds, equities, forex and financial instruments on companies that are going public through an IPO/RTO and may have a daily mark-to-market value. The aim is to achieve 12% per annum performance and the target for the first tranche will be US$100 million, which is anticipated to grow to US$1 billion within the next 18 months. KULR Technology Group Inc (OTCMKTS:KULR) and its partner in Japan could be the tip of the spear in the fight against the coronavirus (COVID-19) pandemic by keeping protective gear safe. Campbell, California-based KULR Technology, which famously provided breakthrough cooling solutions for National Aeronautics and Space Administration (NASA) deep space missions, has now come up with a nifty personal protective equipment (PPE) decontamination device. Not surprisingly, the breakthrough device has already evoked interest from the Air Force Medical Group and is likely to catch on with other wings of the US defense services. Heritage Cannabis Holdings Corp. (CSE:CANN) (CNSX:CANN.CN) (OTCMKTS:HERTF) has said that at its annual general meeting held on May 15, 2020, the company's shareholders approved all of the items put forth. The group said this included a special resolution fixing the number of directors at four, and permitting the board of directors of the company to determine the number of directors on the board from time to time within the minimum and the maximum number set in the company's articles of continuance, by a resolution of the directors, subject to the limitations set out in the Business Corporations Act (Ontario). WeedMD Inc. (CVE:WMD) (OTCQX:WDDMF) (FSE:4WE), a federally-licensed producer and distributor of medical-grade cannabis, has announced that it will file its financial statements for the fiscal year ended December 31, 2019, after the market close on June 10, 2020. It noted that, due to unforeseen circumstances and logistical challenges resulting from the coronavirus (COVID-19) pandemic, its auditors had requested a date postponement and re-alignment within the approved 45-day exemption window provided by the regulators. As a result, WeedMD will now hold a conference call with management on Thursday, June 11, 2020, at 10 a.m. Eastern Time to report the financial results for the period and provide the company’s operational outlook for 2020. The call will be hosted by Angelo Tsebelis, CEO of WeedMD and CFO Lincoln Greenidge. Management will be available for analyst and media questions following opening remarks. Conference Call dial-in Numbers: Canada/USA: 1-800-319-4610; International Toll: 1-604-638-5340.

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