NA Proactive news snapshot: The Valens Company, Mawson Gold, Predictiv AI ...

NA Proactive news snapshot: The Valens Company, Mawson Gold, Predictiv AI ...

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The Valens Company Inc (TSE:VLNS) (OTCQX:VLNCF) revealed on Friday that 56 white label and custom manufacturing product stock keeping units (SKUs) were produced in the third quarter of 2020, a 56% jump, compared to 36 SKUs in the second quarter. The Kelowna, British Columbia-based manufacturer of cannabinoid-based products, said the 56 SKUs were made in partnership with over ten of the company's customers and span four of its product categories, with formats ranging from disposable vapes, vape cartridges, oils and oral sprays, to beverages and concentrates. Valens chalked up the surge in manufacturing to new brand partnerships and custom manufacturing agreements in the third quarter, in addition to the fulfillment of existing contracts for oil-based products in the Canadian market. Mawson Gold Ltd (TSE:MAW) (OTCPINK:MWSNF) has updated investors on its exploration at the historic Victoria goldfields of Australia, where initial drilling at the Sunday Creek project has been completed and the rig has now moved to the Redcastle property. Three initial holes were sunk at Sunday Creek for 345 metres and first assays are expected before the end of September. A total program of 5,000 metres is planned for the remainder of 2020 in Victoria. Earlier in 2020, Mawson struck a deal with Australia-listed Nagambie Resources (ASX:NAG) giving it access to three high-grade, Fosterville-style (shallow-orogenic or epizonal) exploration projects with numerous historic mines that lacked drill testing to depth. Predictiv AI Inc (CVE:PAI) (OTCMKTS:INOTD), a software and solutions provider in the artificial intelligence (AI) and industrial IoT markets, said Friday that it has struck a sales channel, distribution and technology integration partnership for Predictiv’s ThermalPass, an AI-enabled, thermal sensor temperature screening system with Sigfox Canada, to combat the coronavirus pandemic. Sigfox, the world's leading Internet of Things service provider, has a secure platform for connecting IoT devices, working as a wireless carrier for everyday items. Namaste Technologies Inc (CVE:N) (OTCMKTS:NXTTF) is launching VendorLink, a new marketplace platform for cannabis accessory products, it announced Friday. The proprietary platform allows brands and vendors to upload and sell cannabis accessory products directly to CannMart customers, according to the firm. CannMart is Toronto-based Namaste’s online cannabis store. Cannabis hardware company Canada Puffin, which specializes in hand-blown glass and natural pipes and accessories, will be the first brand uploaded to VendorLink. Humanigen Inc (NASDAQ:HGEN) (OTCQB:HGEND), a clinical-stage biopharmaceutical company focused on preventing and treating an immune hyper-response called “cytokine storm” with its lead drug candidate lenzilumab, has priced its underwritten public offering of 8 million shares of common stock to raise about $68 million. The California-based company intends to use the net proceeds to support its manufacturing, production and commercial preparation activities relating to lenzilumab as a potential therapy for COVID-19 patients and for general corporate purposes. In a statement Friday, Humanigen said each share is priced at $8.50 and the offering is expected to close on or about September 22. Golden Arrow Resources Corporation (CVE:GRG) (FRA:G6A) (OTCQB:GARWF) has announced that all resolutions proposed at its annual general & special meeting held on Thursday, September 17, 2020, received overwhelming support from shareholders, with incumbent directors Joseph Grosso, Nikolaos Cacos, David Terry, Louis Salley, John Gammon and Alf Hills all re-elected to the board of directors of the company. Joseph Grosso, president and CEO of Golden Arrow noted: "We had record voting at the 2020 Annual and Special Meeting with over 33 million shares voted of the issued and outstanding common shares, an increase of 10% over last year. I would like to thank our shareholders for their voting response and our gratitude to Golden Arrow shareholders in general." OTC Markets Group Inc. (OTCQX:OTCM), the operator of financial markets for over 11,000 U.S. and global securities, has announced that Silver Tiger Metals Inc. (CVE:SLVR) (OTCQX: SLVTF), a silver and gold exploration company operating in Mexico, has qualified to trade on the OTCQX Best Market and has upgraded today from the OTCQB Venture Market. The OTCQX Market is designed for established, investor-focused US and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market from the OTCQB Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among US investors. Silver Tiger is managed by a team of mine finders with extensive experience in exploring and developing large hydrothermal gold projects in Mexico. The group is currently focusing on the El Tigre Property located in northern Sonora State and released a maiden resource estimate in September 2017.

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