News Archives - NetworkNewsWire

FridaySep 25, 2020 12:27 pm

NetworkNewsBreaks – SPI Energy Co. Ltd. (NASDAQ: SPI) Announces Launch of New EV Subsidiary

SPI Energy (NASDAQ: SPI), a global provider of photovoltaic ("PV") solutions for business, residential, government and utility customers and investors, on Wednesday announced the launch of EdisonFuture Inc., its wholly owned subsidiary to design and develop electric vehicles ("EV") and EV charging solutions. “This is an important milestone for SPI Energy. As Tesla has demonstrated, an end-to-end business model in the renewable energy space can generate significant value,” SPI Energy CEO Xiaofeng Peng said in the news release. “With the addition of EV and EV charging segments to our diverse solar business, we are positioning SPI Energy for the future…

FridaySep 25, 2020 11:58 am

NetworkNewsBreaks – Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) Announces Pricing of $12.6M US IPO

Siyata Mobile (TSX.V: SIM) (OTCQX: SYATF) (FRA: WK3D) (NASDAQ: SYTA, SYTAW), a B2B global vendor of next-generation cellular solutions, today announced the pricing of its U.S. initial public offering (“IPO”) of 2,100,000 units at a price of US$6.00 per unit. According to the update, each unit consists of one common share and one warrant to purchase one common share. The common shares and warrants are immediately separable from the units and will be issued separately. Approved to list on the Nasdaq Capital Market, the common shares and warrants commenced trading on September 25, 2020, under the symbols “SYTA” and “SYTAW.”…

FridaySep 25, 2020 11:27 am

NetworkNewsBreaks – Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) Participates in Gravitas Clean Technology Investor Day, Announces Strategic Collaboration

Exro Technologies (CSE: XRO) (OTCQB: EXROF), a leading technology company that has developed a new class of power electronics for powertrains, recently announced its participation in the Gravitas Clean Technology Investor Day. According to the update, Exro CEO Sue Ozdemir presented at the event, which took place virtually on September 24, 2020, sharing the company’s growth strategy and fielding questions from investors. In addition, the company on Thursday announced its collaboration with Heinzmann GMBH & Co. KG to integrate Exro's patented coil drive technology into micro mobility applications. Heinzmann is a renowned manufacturer of electric drives up to 30 kW…

FridaySep 25, 2020 10:50 am

NetworkNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Announces AGM Results

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, on Thursday announced voting results of its annual general and special meeting of shareholders (“AGM”). According to the update, shareholders voted in favor of each of the presented items of business, including the election of the director nominees listed in the company's management information circular. This included the election of Garth Hankinson, who currently serves as executive VP and CFO of Constellation Brands Inc., to the Canopy Rivers Board of Directors. John Bell, the board’s former chair, did not seek re-election at the meeting. "We thank John…

FridaySep 25, 2020 10:26 am

NetworkNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Announces Q4 and Full-Year 2020 Results

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), a global diversified portfolio of distinct businesses, products and brands, on Thursday announced financial results for the fourth quarter and full-year 2020. According to the update, the company established a platform for strong revenue growth and operational efficiency with a strengthened balance sheet. "Fiscal 2020 was an important transitional year for Supreme Cannabis where we streamlined our operations, reorganized our team, and expanded our portfolio of brands and products that will drive sustainable revenue growth," said Supreme Cannabis president and CEO Beena Goldenberg in the press release. "Looking into 2021, we…

FridaySep 25, 2020 9:53 am

NetworkNewsBreaks – The Alkaline Water Company Inc. (CSE: WTER) (NASDAQ: WTER) Expanding A88CBD(TM) Line with Highly Anticipated Ingestible and Topical Products

The Alkaline Water Company (CSE: WTER) (NASDAQ: WTER), a producer of premium bottled alkaline and flavored-infused drinking waters and CBD-infused products, on Thursday announced that it will introduce new A88CBD(TM) infused ingestible and topical products for its lifestyle brand at A88CBD.com and select retail outlets. According to the update, the new products will be available in October 2020. “We are excited to announce our much-awaited A88CBD line of gummies available in four exciting flavors. Also, we strengthened our water portfolio with a new Lemon-Lime CBD flavored water and our A88CBD topicals portfolio with a deep-relief cream and bath bombs,” said…

ThursdaySep 24, 2020 12:58 pm

NetworkNewsBreaks – Humanigen Inc. (NASDAQ: HGEN) Secures $78.2M in Underwritten Public Offering

Humanigen (NASDAQ: HGEN), a clinical-stage biopharmaceutical company focused on preventing and treating an immune hyper-response called “cytokine storm” with its lead drug candidate lenzilumab, has closed an underwritten public offering of 9,200,000 shares of common stock, including 1,200,000 shares pursuant to the full exercise of the over-allotment option granted to the underwriters. According to the update, Humanigen secured approximately $78.2 million in gross proceeds, with each of the shares sold at the public offering price of $8.50. The company intends to use the proceeds to support its manufacturing, production and commercial preparation activities relating to lenzilumab as a potential therapy…

ThursdaySep 24, 2020 12:32 pm

NetworkNewsBreaks – Excellon Resources Inc. (TSX: EXN) (TSX: EXN.WT) (NYSE: EXN) (FRA: E4X2) Commences Trading on the NYSE American

Excellon Resources (TSX: EXN) (TSX: EXN.WT) (NYSE: EXN) (FRA: E4X2) today announced that its common shares commenced trading on the NYSE American LLC under the ticker symbol “EXN” as of market open today. According to the update, Excellon's common shares will continue to trade on the Toronto Stock Exchange under the ticker symbol “EXN.” "Listing on the NYSE American furthers our aims of improving liquidity for our shareholders while broadening access for prospective retail and institutional investors," said Brendan Cahill , Excellon Resources president and CEO, in the news release. "We are delighted to join our silver producing and exploring…

ThursdaySep 24, 2020 12:08 pm

NetworkNewsBreaks – Ampco-Pittsburgh Corporation (NYSE: AP) Secures $19.27M in Rights Offering

Ampco-Pittsburgh (NYSE: AP) today announced the closing of its previously disclosed rights offering. According to the update, AP delivered up to 5,507,889 shares of its common stock (the "Common Shares") and 12,339,256 Series A warrants for total gross proceeds of $19,278,854, excluding any proceeds that may be received by the Corporation from the future exercise of the Series A warrants. The rights offering entitled Ampco-Pittsburgh's rights holders to purchase units consisting of Common Shares and Series A warrants to purchase Common Shares, which expire on August 1, 2025. To view the full press release, visit https://nnw.fm/2v2Wh About Ampco-Pittsburgh Corporation Ampco-Pittsburgh…

ThursdaySep 24, 2020 11:47 am

NetworkNewsBreaks – Cannabis Global Inc. (CBGL) Announces National Distribution Agreement with Baja United

Cannabis Global (OTC: CBGL), a cannabinoid and hemp-extract, science-forward company developing infusion and delivery technologies, has entered into a three-year distribution agreement with Baja United Group. The three-year agreement covers nationwide distribution of CBGL’s Hemp You Can Feel(TM) branded products, including the newest addition to that product line, Hemp You Can Feel hemp-based alcohol substitute cocktail mixers. According to the agreement, Baja United will stock and distribute the company's products. Baja United will also represent CBGL to retailers, wholesalers, entertainment venues and online portals. CBGL will also be providing samples to Baja United for initial distribution to its wholesaler and…

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