Venture Breakfast Bits, by 24/7 Market News

DENVER, Colo., August 5, 2019- (24/7MarketNews via COMTEX) Venture Market News for August 5, 2019.

CytoDyn Granted Small Business Waiver of Application Fees by FDA for Leronlimab (PRO 140) BLA Filing

VANCOUVER, Washington, Aug. 05, 2019 (GLOBE NEWSWIRE) — CytoDyn Inc. (OTC.QB: CYDY), (“CytoDyn” or the “Company”), a late stage biotechnology company developing leronlimab (PRO 140), a CCR5 antagonist with the potential for multiple therapeutic indications, today announced it was granted a small business waiver of application fees by the U.S. Food and Drug Administration (“FDA”) for the pending BLA filing for leronlimab as a combination therapy with HAART for HIV-infected patients.

Full press release

MYM Finalizes 50% Acquisition of BioHemp Naturals

VANCOUVER, British Columbia, July 30, 2019 /CNW/ — MYM Nutraceuticals Inc., (CSE: MYM) (CSE: MYM.CN) (OTCBB: MYMMF) (“MYM” or “The Company”) is pleased to announce that the Company has finalized the acquisition of 50% of BioHemp Naturals (“BioHemp”), a licensed hemp cultivator in the business of cultivating and distributing CBD-rich hemp biomass to licensed producers in Canada. BioHemp co-founder, Len Atkinson, has joined the MYM management team as Global Hemp Project Manager.

Full press release

Texas Mineral Resources Announces Strategic Investment by Navajo Transitional Energy Company

SIERRA BLANCA, TX, Aug. 05, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE – Texas Mineral Resources Corp. (OTCQB: TMRC)

  • Navajo Transitional Energy purchases 5.1 million TMRC shares @ $0.36 per share from the Company and separately will buy an additional 5.0 million shares from a current institutional shareholder
  • TMRC expands board from 5 to 7 members and grants Navajo Transitional Energy two board seats

Texas Mineral Resources Corp. (TMRC), an exploration company targeting the heavy rare earths and a variety of other high-value elements and industrial minerals, is pleased to announce that the Navajo Transitional Energy Company (NTEC), a company formed under the laws of the Navajo Nation, has concluded a strategic transaction whereby NTEC has purchased a total of 5,111,626 newly issued TMRC shares at a price of $0.36 per share for a total of approximately $1.84 million of additional capital into TMRC.  Separately, NTEC will purchase 5,000,257 shares in a private transaction from a current TMRC institutional shareholder. In total, NTEC’s 10,111,883 shares represent approximately 20% of TMRC’s currently outstanding shares.

Full press release

Andrew Plank appointed President and General Manager of Roche Diagnostics Canada

LAVAL, QC, Aug. 5, 2019 /CNW Telbec/ – Roche Diagnostics Canada, a division of Hoffmann-La Roche Limited, leader in the field of in vitro diagnostics, announces the appointment of Andrew Plank as President and General Manager.

Full press release

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