NA Proactive news snapshot: WeedMD, First Mining Gold, Newgioco Group, OTC Markets Group ...

WeedMD Inc (CVE:WMD) (OTCQX:WDDMF) reported revenue of C$20.8 million during its fiscal 2019, driven largely by strength in adult-use and medical cannabis sales. The medical-grade cannabis producer’s 2019 revenue figures represented a 162% increase over 2018 levels, which came in at C$8 million. During its fourth quarter ended December 31, 2019, the company saw its total revenue hit nearly C$2.9 million, derived entirely from consumer sales. First Mining Gold Corp (TSE: FF) (OTCQX: FFMGF) unveiled Thursday a US$22.5 million funding deal with shareholder First Majestic Silver Corp (TSE:FR), which will give it enough capital to advance its flagship Springpole gold project in Ontario through the pre-feasibility and environmental assessment stage. First Majestic will pay the exploration group US$22.5 million in total for a 50% stream of the silver produced from Springpole over its life, the group said in a statement. Newgioco Group Inc (NASDAQ:NWGI) announced Thursday that Odissea Betriebsinformatik Beratung GmbH, its wholly owned software development subsidiary, has passed Stage 1 of the ISO-27001 certification process for safety management. The online sports betting and gambling company said the certification process involved an informal review of Odissea’s Information Security Management System (ISMS).  OTC Markets Group Inc (OTCQX: OTCM) announced that Diversified Gas & Oil PLC (LSE:DGOC) (OTCQX:DGAOF), an independent owner and operator of natural gas, natural gas liquids and oil wells as well as midstream assets in the Appalachia Basin, has qualified to trade on the OTCQX Best Market. US investors can find current financial disclosure and real-time level 2 quotes for the company on www.otcmarkets.com. "As a US-based company, Diversified is pleased to be joining the OTCQX Best Market, which provides greater visibility and access to US investors and can further enhance the trading liquidity in our shares. The OTCQX Market offers a recognizable, efficient platform on which investors, particularly within the US, may trade our shares," Diversified CEO Rusty Hutson Jr. BetterLife Pharma Inc (CSE:BETR) (OTCQB:PVOTF) announced an exclusivity agreement with Altum Pharmaceuticals Inc on Thursday to work toward a mutually agreeable deal for their planned merger. The plan is for BetterLife to issue about 4.5 common shares of its stock for every one Altum share, which represents roughly $36.1 million. Altum’s drug pipeline includes lead product AP-003, an inhalation formulation that could represent a potential treatment against coronavirus (COVID-19) as it shows effectiveness in slowing viral replication. Under the agreement, BetterLife will acquire worldwide rights to commercialize and sell AP-003. Fireweed Zinc Ltd (CVE:FWZ) (OTCMKTS:FWEDF) outlined this year's exploration plans at its huge Macmillan Pass property in Yukon, where it will look at several early-stage targets ahead of potential drilling. The property spans a 544 sq km district and is already known to host three large zinc deposits, but Fireweed has identifed multiple other areas of interest, many of which have never been drilled. "This year, in addition to continued work on Tom, Jason and Boundary Zone, our geologists will be investigating some of these new early-stage targets in preparation for potential drilling," Brandon Macdonald, the group's CEO, said in a statement. Esports Entertainment Group Inc (NASDAQ:GMBL) said it has appointed Argyll Entertainment senior executives Stuart Tilly and Dan Marks as its corporate secretary and chief financial officer, respectively. Silvercorp Metals Inc (NSYEAMERICAN:SVM) (TSE:SVM) revealed it will not exercise its right to match an offer for miner Guyana Goldfields Inc (TSE:GUY), which runs the Aurora gold mine, after the latter received "a superior" proposal from a third party. As reported in May, Silvercorp amended a previously announced agreement with Guyana Goldfields Inc (TSE:GUY), which valued Guyana at around C$227 million. But last week, Guyana revealed an offer from a foreign-based multinational that was 35% higher than Silvercorp’s offer. Media Central Corporation Inc (CSE:FLYY) (FSE:3AT) said it has entered several affiliate marketing partnerships with leading esports gambling sites to further monetize its ECentralSports.com digital media platform.