NA Proactive news snapshot: Gevo, Marrone Bio Innovations, CytoDyn, Mirasol Resources, UPDATE …

Gevo Inc (NASDAQ:GEVO) reported that it ended its first quarter 2021 with a cash and equivalents of $525.3 million, up from $78.3 million during the previous quarter, after the company completed two equity financings at $8 per share in January. Gevo also said the Front-End Engineering Design (FEED) work for its Net-Zero 1 project is on track and is expected to be completed in December 2021.  Marrone Bio Innovations Inc (NASDAQ) reported its 11th consecutive growth quarter with revenues increasing 14% year-over-year to $11 million. The Davis, California-based group attributed the revenue growth to “further market penetration” for its biological crop protection products, particularly driven by its Venerate, Grandevo and Regalia brands. Marrone CEO Kevin Helash told shareholders in a statement that the firm was getting closer to breaking even on an adjusted EBITDA basis after the firm posted a loss of $1.2 million compared to the $3.7 million adjusted EBIDTA loss it put up a year ago. CytoDyn Inc (OTCQB:CYDY), a late-stage biotechnology company developing leronlimab (Vyrologix or PRO 140) for multiple therapeutic indications, has executed an exclusive supply and distribution agreement with Macleods Pharmaceuticals Ltd in India.  CytoDyn said the commercial agreement will enable Mumbai-based Macleods to sell leronlimab in India as a coronavirus (COVID-19) treatment following regulatory clearance. “We are delighted Macleods Pharmaceuticals reached out to CytoDyn and equally excited to reach this agreement with their team so quickly,” said CytoDyn CEO Nader Pourhassan In a statement. “From the time they first contacted us about our drug, we were able to conclude this agreement within a few days. It is an honor to work with an organization so motivated to bring leronlimab to COVID-19 patients in India. Currently India has zero product approved for critically ill OVID-19 patients and we are delighted to be working toward being the first approved drug for this population." Mirasol Resources Ltd (CVE:MRZ) (OTCPINK:MRZLF) reported the results of its 2021 Annual General Meeting of shareholders, which was held on May 12, 2021. Shareholders elected Nick DeMare, Patrick Evans, Diane Nicolson and John Tognetti, as directors of the company for the ensuing year. Furthermore, the shareholders also approved: (i) the reappointment of Davidson & Company as the Company’s independent auditor; (ii) the Stock Option Plan; and (iii) the Restricted Share Unit Plan. Following the meeting, the board of directors reappointed the following officers of the Company: Patrick Evans, Executive Chairman; Timothy Heenan, President; Mathew Lee, CFO; Jonathan Rosset, VP Corporate Development and Max Pinsky, Corporate Secretary. ESE Entertainment Inc (CVE:ESE) (OTCQB:ENTEF) announced that it has signed a letter of intent (LOI) to acquire Digital Motorsports, an Irish company that provides infrastructure, technology, and support for the esports industry. The company said Digital Motorsports is one of the leading simulation racing companies worldwide, with demonstrated profitability and double-digit, year-over-year revenue growth. “Our shared vision of becoming the number one global brand for esports in the motorsports industry was paramount in coming together to sign the LOI. We are excited to work closely with Digital Motorsports to build on their existing business, focusing on increasing revenue and profit margins,” ESE Entertainment Konrad Wasiela said in a statement. Byrna Technologies Inc (NASDAQ:BYRN) (CSE:BYRN) revealed that it has acquired the assets of Mission Less Lethal, a leading US manufacturer of .68 caliber, shoulder-fired non-lethal launchers for law enforcement and other security professionals, from Kore (US) Outdoor Inc in an all-cash deal. The Andover, Massachusetts-based company said it funded the acquisition with “cash on hand.” Terms of the transaction were not disclosed. Kore Outdoors is a recognized leader in the manufacture and sale of .68 caliber launchers for the paintball industry. Byrna has acquired Kore's non-lethal business operations and product line, which includes the MLR, Mission 4, TPR and Tactical Compact Rifle (TCR) launchers. GlobeX Data Ltd. (OTCQB:SWISF) (CSE:SWIS) (FRA:GDT) said it has signed agreement for a distribution deal in Sri Lanka with Dialog Broadband Networks (Private) Limited, part of Sri Lanka based Dialog Axiata PLC, itself part of Malaysia-based telecom giant Axiata Group Berhad. Dialog Axiata PLC, is one of Sri Lanka's largest telecommunications service providers, and the country's largest mobile network operator with 14.9 million subscribers which amounts to 57% of the Sri Lankan mobile market. Axiata Group Berhad (AXIATA) commonly known as Axiata, formerly known as TM International Berhad, is a publicly-traded Malaysian multinational telecommunications conglomerate with extensive operations in Asia and is one of the largest wireless carriers in Malaysia. Alain Ghiai, CEO of GlobeX Data said: "This is the region where commerce is growing the most in the coming decade and GlobeX is now ready to serve customers in the entire region, through its partnership with Dialog Axiata first, and eventually as we grow in Sri Lanka, growing to other countries of the Axiata Group." Deep-South Resources Inc (CVE:DSM) (OTCMKTS:DSMTF) (FRA:DSD) has hired experienced mining consultancy Knight Piésold to carry out scoping studies and assessments on the company's Haib copper project in Namibia. The studies will include assessing the various power options available to the project including renewable sources and delivering a roadmap to delivering an Environmental and Social Impact Assessment (ESIA) for the asset. Harvest One Cannabis Inc (CVE:HVT) (OTCQX:HRVOF) has announced the launch of its new LivRelief Extra Strength Transdermal CBD Cream as part of its strategic growth and brand expansion initiatives for 2021. In a statement, Harvest One CEO Gord Davey said: "Harvest One's LivRelief CBD Cream continues its momentum of being the top-selling SKU in the infused topicals category in Ontario for the 12-month period ended March 2021, as ranked by dollars sold, based on OCS Sales Data. The company is excited to announce the launch of its new LivRelief Extra Strength Transdermal CBD Cream, which will launch on the Medical Cannabis by Shoppers platform in June 2021.” Snowline Gold Corp (CSE:SGD) (OTCPINK:SNWGF) has released an update introducing its 100%-owned, 7,755-hectare Ursa gold and base metals project in the Selwyn Basin, Yukon Territory. Ursa covers two distinct geochemical trends, the company said, a 9 kilometer (km) trend of elevated to anomalous gold in stream sediment and soil samples and a roughly parallel 14 km trend of elevated to highly anomalous zinc accompanied by elevated silver, copper, molybdenum, nickel and vanadium.  “Ursa adds a new dimension to Snowline’s exploration story,” Snowline Gold COO Scott Berdahl said in a statement. “The project covers two unique new target types in our prospective corner of the Selwyn Basin, each demonstrating a very large-scale mineralizing system. Although they are early stage, the proximity of Ursa to our flagship Rogue and Einarson exploration programs affords us an opportunity to efficiently test the potential of these big, blue-sky concepts.” CytoDyn Inc (OTCQB:CYDY), a late-stage biotechnology company developing leronlimab (Vyrologix or PRO 140) for multiple therapeutic indications, has executed an exclusive supply and distribution agreement with Macleods Pharmaceuticals Ltd in India. CytoDyn said the commercial agreement will enable Mumbai-based Macleods to sell leronlimab in India as a coronavirus (COVID-19) treatment following regulatory clearance. “We are delighted Macleods Pharmaceuticals reached out to CytoDyn and equally excited to reach this agreement with their team so quickly,” said CytoDyn CEO Nader Pourhassan In a statement. “From the time they first contacted us about our drug, we were able to conclude this agreement within a few days. It is an honor to work with an organization so motivated to bring leronlimab to COVID-19 patients in India. Currently India has zero product approved for critically ill OVID-19 patients and we are delighted to be working toward being the first approved drug for this population." Bragg Gaming Group (TSX:BRAG, OTC:BRGGD) has released its first quarter financial results, revealing revenue that jumped by 62% year-over-year to C$20.9 million as unique users rose 54% to 2.4 million. Adjusted EBITDA more than tripled year-over-year to C$3.4 million from C$1 million in the first quarter in 2020, and the company's net loss narrowed to C$1.5 million from C$6.8 million. Looking ahead, the company said its revenue guidance for 2021 remains unchanged at C$69 million with adjusted EBITDA seen at C$6 million. In a separate statement, Bragg Gaming also announced the addition of new directors to its board: Holly Gagnon, a longtime gaming industry CEO, and Alex Spiro, a former prosecutor and chair of a sports investment platform. Newrange Gold Corp (CVE:NRG) (OTCMKTS:NRGOF) (FRA:X6C) revealed that drilling has started again at its flagship Pamlico project in Nevada, USA in a bid to delineate a high-grade zone. The company said it has hired American Drilling Corp for one, possibly two, core rigs, and the first has already started on a series of follow-ups around a reverse circulation (RC) hole that discovered shallow, high-grade, oxide gold mineralization 85 meters east of the Merritt Zone. That previously reported hole hit 123.5 meters (m), averaging 1.13 grams per ton (g/t) gold, including several high-grade intervals such as 12.47 g/t  of the yellow metal, over 4.5 meters and 13.01 g/t of gold over 1.5 meters. American Battery Metals Corporation (OTCQB:ABML), which is in the process of changing its name to American Battery Technology Company, said it has received approval for a Conditional Use Permit (CUP) for a lithium battery recycling plant from the planning commission in Fernley, Nevada.  The city’s recommendation, handed down on May 12, 2021, is the first step, and the application will now go to the Fernley City Council for final consideration, the company said. It noted that the planning commission's recommendation to approve the CUP signals continued progress in permitting and constructing the company’s lithium battery recycling pilot plant. Binovi Technologies Corp (OTCQB:BNVIF) (CVE:VISN) has outlined how integrating its acquired VERA and CAVT technologies with its Binovi-Connect platform is aimed at helping US school (K-12) students to improve reading skills. The combined tech will offer an ecosystem delivering screening, which will enable educators to collaborate with optometrists and provide desired outcomes for students, said the visually-focused tech group. Through its technology, Binovi will be able to help identify where students might be behind on key vision skills, such as reversing letters or skipping lines. Altiplano Metals Inc (CVE:APN) has announced a definitive new arm's-length option agreement to purchase a 100% interest in the Maria Luisa gold-copper project in Chile. In order to own the property outright, Altiplano is required to make payments totalling US$2 million over a three-year period. “These new terms provide the opportunity for Altiplano to acquire 100% of the project and retain 100% of the anticipated profits. Maria Luísa offers a great opportunity to build on our revenue generation model from the development of a high-grade gold/copper historical producer,” Altiplano Metals CEO Alastair McIntyre said in a statement. Numinus Wellness Inc (CVE:NUMI) has announced a series of new hires at the leadership table. The psychedelics firm has brought on five new executives to support growth across its Health, R&D and Bioscience divisions. Numinus told shareholders that the new team will support its aim to expand its clinic network internationally, develop and market psychedelic-assisted psychotherapies and boost laboratory capabilities. Plurilock Security Inc (CVE:PLUR) (OTCQB:PLCKF) announced that it was awarded a contract with the US Department of Defense under NASA's Solution for Enterprise-Wide Procurement (SEWP), a US Government-Wide Acquisition Contract Vehicle (GWAC), valued at about US$390,000. The contract, its second order from a US government agency in the past week, will involve Plurilock delivering Public Key Infrastructure (PKI) products and services to the US Department of Defense. Under the terms of the deal, the US Department of Defense will also have an option to continue licensing Plurilock's PKI offerings for an additional four-year period.     XPhyto Therapeutics Corp (CSE:XPHY) (OTCMKTS:XPHYF) (FRA:4XT) offered investors an update on its transdermal delivery system for the neurologic drug Rotigotine, saying that based on “encouraging study results”, the Rotigotine development program will be advanced to a pivotal human trial. The Vancouver-based company first revealed in January that its German subsidiary Vektor Pharma TF GmbH focused on a human bioavailability pilot study of its Rotigotine transdermal patch for Parkinson's disease sufferers during the first quarter, ahead of human pilot studies.  “The company is pleased to announce the Rotigotine study was completed successfully in March 2021,” said XPhyto. It added that based on “the encouraging study results” the Rotigotine development program will be advanced to a pivotal human trial.  Endeavour Mining Corp (TSE:EDV) (OTCQX:EDVMF) (FRA:E5Y1) has posted a strong set of first quarter numbers, which showed an increase in output, profitability and cashflow alongside a reduction in costs. The West Africa-focused gold producer said it was 'well positioned' to meet its production guidance for full year 2021 of between 1.365 million ounces and 1.495 million ounces and was also on track to receive a premium listing on the London Stock Exchange in June this year. CleanSpark Inc (NASDAQ:CLSK) has purchased 2,400 Bitcoin mining S19-Pro rigs, which are expected to be delivered to its Atlanta mining operations in the first week of June. the company announced. The new machines are designed to increase the overall hashrate efficiency, essentially the rate at which bitcoins are mined, of its existing fleet. The replacement of older-generation equipment  is expected to increase production by about half a bitcoin per day. CleanSpark has also reached an agreement to sell a portion of the replaced, prior generation rigs. Kidoz Inc (CVE:KIDZ) (OTCMKTS:KDOZF), a mobile AdTech developer and owner of the market-leading KIDOZ Contextual Ad Network and the Kidoz Publisher SDK, is reporting a strong year-over-year increase in first-quarter revenue. For the quarter ended March 31, the company said it generated total revenue of US$1,557,942 -- a 58% spike compared to the prior-year period. Much of that increase came from AdTech revenue of US$1,504,300, which jumped 68% year-over-year. “The increase in total revenue compared to the first quarter of fiscal 2020 is due to the strong demand for kid-safe advertising generated by the introduction of strong regulations worldwide,” said Kidoz in a statement, noting the 1Q figures are unaudited. In addition, the company said it had cash of $1,611,592 and working capital of $2,951,465 as of March 31. Nextleaf Solutions Ltd (CSE:OILS) (OTCQB:OILFF) is getting into the lucrative branded consumer products sector in a major step forward for the cannabis company. The firm has acquired the rights for the award-winning Glacial Gold specialty concentrates and extracts brand, it said in a release. According to Nextleaf, the brand has earned “deep loyalty” with its customers for its value and “gained recognition through distribution” on a national level. GR Silver Mining Ltd (CVE:GRSL) (OTCQB:GRSLF) (FRA:GPE) has reported more encouraging drill finds from its Plomosas project in Mexico, which confirmed "a much larger epithermal system than originally contemplated". The latest assays show near surface, high-grade, narrow silver-gold rich mineralization at the southern limit of the Plomosas mine. Biocept Inc (NASDAQ:BIOC) (FRA:B003) started 2021 on a high with a profitable first quarter on revenue of $17.8 million, driven primarily by its coronavirus (COVID-19) tests. For the period ended March 31, 2020, the San Diego-based company, which develops molecular diagnostic assays, posted revenue of $17.8 million, compared with $1.4 million for the first quarter of 2020. The company chalked up $17.7 million in revenue to commercial test revenue, which consisted of $16.8 million from RT-PCR COVID-19 testing, $39,000 to development services test revenue, $62,000 in revenue from Target Selector RUO kits and CEE-Sure blood collection tubes, and payments from Aegea Biotechnologies for services to develop a COVID-19 assay.  Pure Gold Mining Inc (CVE:PGM) (LON:PUR) (OTCMKTS:LRTNF) (FRA:L11A) has provided an operations update for its high-grade PureGold Mine Project in Red Lake, Ontario. With the milling facility ramp-up completed in the first quarter, the company said its focus for the second quarter has shifted to ramping up high-grade ore production from the mine. Quarter-to-date, it said head grades have significantly increased compared to the first quarter and continue to trend positively, achieving an average of 6.3 grams per ton (g/t) gold over the last three weeks. Braxia Scientific Corp (CSE:BRAX) (OTCMKTS:SHRMF) announced it had opened its first ketamine therapy clinic in Quebec – its fourth centre in Canada. The clinic, operating under Braxia’s subsidiary Canadian Rapid Treatment Centre of Excellence Inc and doing business as Braxia Health, is the first to offer ketamine therapy in a private clinical setting in the province, the company said in a statement. The Montreal-based location will be within Braxia’s joint venture partner Neuropathy Montreal Centre’s 14,000 square foot facility. PyroGenesis Canada Inc (TSE:PYR) (NASDAQ:PYR) (FRA:8PY) announced that it has successfully installed roughly $1 million of plasma torch production equipment at its new 31,632-square-foot facility in Montreal. “This equipment has a wide range of capabilities and will significantly reduce the manufacturing time of our plasma torches," CEO Peter Pascali said. "For example, parts that previously took four hours to manufacture will now take 15 minutes." Additionally, the company told investors that it plans to release first-quarter results before the opening bell on May 17. Milestone Scientific Inc (NYSEAMERICAN:MLSS) has announced the promotion of company president Jan Adriaan (Arjan) Haverhals to be its new chief executive officer (CEO) after Leonard Osser said he intends to step down as the company’s interim CEO. Milestone Scientific also said it has appointed Scott Kahn as its new chief financial officer (CFO) effective May 24, succeeding Joseph D’Agostino who retired from the company last month. “I am very pleased to announce Arjan’s promotion to CEO of Milestone Scientific. It is well deserved as Arjan has been instrumental in implementing successful sales and marketing activities around the dental instrument and accelerating the commercialization of CompuFlo and CathCheck,” Osser said in a statement. PharmaDrug Inc (CSE:BUZZ) (OTCPINK:LMLLF) has named entrepreneur-scientist and experienced pharma executive Dr Paul Van Slyke as the new Chief Scientific Officer (CSO) for the group. Van Slyke previously served as the CSO on a consultancy basis of biotech and subsidiary Sairiyo Therapeutics, which PharmaDrug recently acquired. Midwest Energy Emissions Corp (OTCQB:MEEC), known by its trade name ME2C Environmental, said it has promoted Jami Satterthwaite, currently its chief accounting officer, to be its chief financial officer. Satterthwaite, whose effective start date is June 1, 2020, is a certified public accountant and was a partner at the accounting firm Nelson & Swaite CPAs LLC in Washington State prior to joining ME2C in 2019. She was named the company’s chief accounting officer in October 2020 and is based in Corsicana, Texas. Recruiter.com Group, Inc. (OTCQB:RCRT) has announced the launch of its 'First Job' Initiative to deliver curated pipelines of qualified first-time job seekers to employers across the US. "First-time job seekers are facing a higher unemployment rate than established professionals. At the same time, companies hiring career-oriented hourly wage workers are struggling to fill roles," said Evan Sohn, Recruiter.com's chairman and CEO in a statement. "Our First Jobs Initiative is an opportunity to solve both problems at once. Our goal, however audacious, is to connect these candidates with the companies looking to hire." The company said employers looking to draw from this pipeline of talent can visit https://www.recruiter.com/employers.html. Cloud Nine Web3 Technologies Inc. (CNSX:CNI.CN) (OTCMKTS:CLGUF) (FRA:1JI0) said it has closed the first tranche of its non-brokered private placement of 908,655 units at $1.37 each for gross proceeds of $1,244,857. The company said the net proceeds of the offering will be used for working capital, software development and general corporate purposes. Each unit consists of one common share in the capital of the company and one-half of one transferable common share purchase warrant. Each warrant entitles the holder to acquire one share at a price of $1.75 for a period of twelve months from the date of closing of the offering. Helix BioPharma Corp. (TSX:HBP). said it has closed the first tranche of the previously announced private placement under the convertible security funding agreement with The Lind Partner's Lind Global Macro Fund for gross proceeds of C$3.5 million. Under the first tranche, the company has issued a convertible security with a two-year term and a face value of $4,112,500 and an aggregate of 1,957,056 common share purchase warrants exercisable into common shares in the capital of the company for a period of 48 months at an exercise price of C$1.0283 per common share. PlantX Life Inc. (CSE:VEGA) (FRA:WNT1) (OTCQB: PLTXF) has announced its placement in an editorial published by NetworkNewsWire. To view the full publication, 'Cooking Up a Winning Recipe to Capitalize on $74 Billion Plant-Based Food Market', investors can use the following link: https://nnw.fm/ObpVz The Good Shroom Co Inc. (CVE:MUSH) announced that Eric Ronsse, its chief executive officer, and his team joined Berk Sumen, head, Company Services, TMX Group, to celebrate the company's new listing on TSX Venture Exchange and close the market on Wednesday. The event can be viewed via the following link: https://www.newswire.ca/news-releases/the-good-shroom-co-virtually-closes-the-market-891891414.html/. The Good Shroom Co. produces organic certified instant wellness beverages with a custom blend of functional mushrooms under the Teonan brand. Offered in a variety of tea and coffee flavours, the beverages are all probiotic, vegan, keto and gluten free. Its beverages are presently sold across North America. The Good Shroom Co' is also a Canadian federally licensed cannabis processor and is expected to begin sales to provincial distributors of a cannabis infused version of its beverages in 2021. AEX Gold Inc. (LON:AEXG)(CVE:AEX) announced that on May 13, 2021, it was informed that a number of its directors have acquired a total of 418,750 common shares of no par value in the company at an average price of C$0.512 or 30.21p. Among the share purchases, AEX Gold CEO Eldur Olafsson acquired 100,000 shares increasing his holding to 8,006,385, or 4.52% of the company's outstanding share capital. BTU Metals Corp. (CVE:BTU) (OTCPINK:BTUMF) said it has granted a total of 600,000 stock options to a director and an officer of the Company exercisable at a price of $0.14 per share for a period of three years from the date of grant. The options have been granted in accordance with the company's stock option plan. Thunderbird Entertainment Group Inc. (CVE:TBRD) (OTCQX:THBRF) has announced that it will file its third quarter, 2021 financial results pre-market on Thursday, May 27, 2021, and hold a conference call and webcast the same day at 11am PT/ 2pm ET. During the conference call, Thunderbird’s chief executive officer Jennifer Twiner McCarron will provide a corporate update and strategic overview. chief financial officer Barb Harwood will present the financial statements. A short question and answer period will take place after the prepared remarks. Details:  Toll-free dial-in number: (833) 900-1530; International dial-in number: (236) 712-2271; Conference ID: 3745038; Webcast: https://event.on24.com/wcc/r/3082365/9C344958FF7B08DA9DFBFFBA5299ADC9. The conference call will be webcast live and available for replay via the “Investors” section of the Thunderbird website. Investors can access a replay of the teleconference at: (+1) 416-621-4642 or toll-free at (+1) 800-585-8367 three hours after the call's completion. The Conference ID # is 3745038. The teleconference replay will be available through June 10, 2021. OTC Markets Group Inc. (OTCQX:OTCM), the operator of financial markets for 11,000 US and global securities, has announced that BrainChip Holdings Ltd. (ASX:BRN) (OTCQX:BRCHF), provider of ultra-low-power high performance AI technology, has qualified to trade on the OTCQX Best Market and has today upgraded from the OTC Pink market. Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their US investors.  For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the US. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws. BrainChip CEO and founder Peter van der Made said, "BrainChip's inclusion on the OTCQX Market provides the increased visibility we need to engage with a large and growing US investor audience.  We are focused on building a strong, innovative and profitable global technology business based on commercialising our worlds-first Akida artificial intelligence chip technology."