Hillcrest Petroleum Ltd, Clean Coal Technologies Inc, Medexus Pharmaceuticals

A glance at some of the day’s highlights from the Proactive Investors US and Canada newswires

() (OTCMKTS:HLRTF) told shareholders that it has stabilized production from the West Hazel heavy oil field in Saskatchewan at around 150 barrels per day from the beginning of August to the first week of September. In a shareholder update, the Canadian oil and gas producer said production rates took some time to stabilize after being shut-in for a period during the second quarter due to pandemic-driven low oil prices. “Current stable production rates are partly due to well work overs and maintenance, funded through the recent equity placement,” said the company. The oil and gas firm added that a development well is expected to “significantly increase” oil production in the fourth quarter.

Clean Coal Technologies Inc () signed a memorandum of understanding (MOU) formalizing its partnership with Energy Capital Economic Development in Gillette, Wyoming. The ECED enables legislative, local and state economic development in order to encourage private sector growth of companies to therefore stimulate economic benefit, the company said.

() () announced Thursday that it received a notice of compliance from Health Canada, granting the company approval to market its tumor imaging agent Gleolan in the country. Gleolan, which a 5-Aminolevulinic Acid (also known as 5-ALA), is essentially a dye that can make tumors and their small, finger-like projections more visible. After administration, areas within the tumor glow pink or red, and healthy brain tissue appears blue when exposed to a special blue light during surgery. The agent has been approved for the visualization of malignant tissue during surgery in patients with Grades III or IV gliomas, a type of tumor that occurs in the brain and spinal cord. 

Lord Global Corporation () subsidiary 27Health Inc has signed an administrative and financing agreement with KeyOptions to bring COVID-19 testing units around the world. Virolens is a highly scalable screening device based on nano-cellular microscopes with holographic imaging and artificial intelligence software technology that utilizes a non-intrusive saliva swab test to detect the presence of the COVID-19 virus within 20 seconds. The agreement, announced Thursday, secures the rights to bring the Virolens COVID-19 testing units to Australia, Latin America, South East Asia, Turkey and a number of other geographies, according to the company. Initial trial orders are secured with launch customers worldwide, including the London Heathrow Airport.

International Montoro Resources Inc () has optioned the historic Blackfly gold property in Ontario near Agnico Eagle’s (NYSE:AEM) Hammond Reef gold deposit, it said Thursday. Blackfly consists of 64 claims totaling 1,296 hectares within the Marmion Lake fault zone along strike from Hammond Reef, a 4.5 million-ounce…

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