News Archives - Page 1030 of 1555

WednesdaySep 09, 2020 1:44 pm

NetworkNewsBreaks – One Cannabis Door Closes, New Ones Open for Former Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) CEO

Former Canopy Growth (TSX: WEED) (NYSE: CGC) co-founder and co-CEO Bruce Linton was featured in a recent Yahoo! Finance article by Zack Guzman. The piece details “a smattering of new roles” Linton has landed within the cannabis industry since being “ousted” by Canopy’s board, which Guzman describes as having become increasingly controlled by investor and beer conglomerate Constellation Brands Inc. (NYSE: STZ). The cannabis pioneer will reportedly be joining, in an advisor capacity, many smaller companies, as well as “trying his hand as an activist investor” for SLANG Worldwide Inc. (OTC: SLGWF) – a global cannabis consumer packaged goods company.…

WednesdaySep 09, 2020 1:22 pm

NetworkNewsBreaks – ZCR Report Forecasts Possible Stock Jump for Net Element Inc. (NASDAQ: NETE)

Net Element (NASDAQ: NETE) was featured in a recent report by Zacks Small-Cap Research (“ZCR”) titled “Net Element Now Trades Based on a Valuation of Mullen Technologies.” The report provides an optimistic outlook for NETE stock, citing the company’s agreement to merge with Mullen Technologies, an electric vehicle assembler and manufacturer, with anticipated close of the merger in the fourth quarter of 2020. The report reads, “Using the electric vehicle peer valuation of 10x EV/sales, and owning 15-21.7% of the post merger company, the company could be worth $30.00 per share once the deal closes and twice that by 2023.”…

WednesdaySep 09, 2020 12:18 pm

NetworkNewsBreaks – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Executive to Present at Three September Conferences

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER), a producer of premium bottled alkaline water, flavor-infused waters, and CBD-infused products, has announced that WTER president and CEO Richard Wright is slated to present at several virtual investor conferences scheduled for September. Those conferences include the H.C. Wainwright 22nd annual Global Investment Conference, where Wright will conduct an analyst-moderated fireside chat on Sept. 15 and the company will participate in one-on-one meetings throughout the three-day conference; the Sidoti Fall 2020 Virtual Investor Conference, where Wright will be presenting on Sept. 23 and the company will be participating in one-on-one meetings Sept. 23–24; and…

WednesdaySep 09, 2020 11:53 am

NetworkNewsBreaks – LexaGene Holdings, Inc. (TSX.V: LXG) (OTCQB: LXXGF) Secures C$13.29M Through Previously Announced Offering

LexaGene Holdings (TSX.V: LXG) (OTCQB: LXXGF), a molecular diagnostics company that develops fully automated rapid pathogen detection systems, today confirmed that it has closed its previously announced offering of units for aggregate gross proceeds of approximately C$13.29 million. According to the update, the company issued 15,640,000 units, each at a price of C$0.85, with each unit consisting of one common share of the company and ½ of one common share purchase warrant, with each whole warrant entitling the holder to purchase one share, at the price of C$1.10 per share, until September 9, 2023. “Over the last four years, LexaGene…

WednesdaySep 09, 2020 11:41 am

NetworkNewsBreaks – GoldHaven Resources Corp. (CSE: GOH) (OTCQB: ATUMF) Begins Trading on OTCQB Exchange

GoldHaven Resources (CSE: GOH) (OTCQB: ATUMF) president and CEO David Smith has announced that GoldHaven has received an upgrade to trade on the OTCQB(R) exchange. Based in New York City, OTCQB is a United States stock market operated by OTC Markets Group. Formerly known as the Altum Resources Corp., GoldHaven will trade its shares on OTCQB under the ticker symbol ATUMF. "We are very pleased to begin trading on OTCQB and continue our outreach into the U.S," Smith stated in the press release. “Further, it will provide liquidity in the trading of its shares and create an opportunity for American…

WednesdaySep 09, 2020 11:13 am

NetworkNewsBreaks – SRAX Inc. (NASDAQ: SRAX) Shares Case Study; Shows Power, Effectiveness of BIGtoken Platform

SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies, has reported that a major CPG company activated BIGtoken’s proprietary consumer panels to create drive purchases of a new product. Built by SRAX, BIGtoken allowed a large global food and beverage company to create an insight-driven, digital campaign that outperformed all other marketing tactics used by the company. The outcome of the campaign — a 45% purchase lift at participating stores — was made available through a case study. The case study reports that, as a result of using the BIGtoken platform, this campaign…

WednesdaySep 09, 2020 11:10 am

NetworkNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Effects Debenture Amendments

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced that the previously disclosed amendments to the terms of its outstanding 6.0% senior unsecured subordinated convertible debentures issued in October 2018 have been effected. According to the update, the company, in consideration of the reduction of the principal amount of the debentures by $63.5 million, among other considerations, issued an aggregate of 116.6 million common shares and $10,769 principal amount of accretion debentures to debentureholders. In addition, the company entered into a supplemental trust indenture to implement the amendments. To view the full press release, visit http://nnw.fm/CgRAD About Supreme…

WednesdaySep 09, 2020 10:38 am

NetworkNewsBreaks – Cannabis Global Inc. (CBGL) Recaps Accomplishments, Offers Insight Into Direction for New Fiscal Year

Cannabis Global (OTC: CBGL), a cannabis, cannabinoid and hemp extract science-forward company developing unique infusion technologies and products, today provided a recap of the recently closed fiscal year (Aug. 31). The company also offered insight on its next steps as it begins marketing activities. "It's been approximately one year since we reorganized the company toward cannabinoid technologies and products," CBGL CEO Arman Tabatabaei said in the news release. "We have made substantial progress in our selected technology areas, and based on these innovations, we have designed a revolutionary set of products, which are now rolling out into the marketplace. I…

WednesdaySep 09, 2020 10:38 am

NetworkNewsBreaks – Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) Announces First Large-Volume Shipment from DLE Demonstration Plant

Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF), an innovative technology and lithium project development company, today announced that it has shipped its first large volume of lithium chloride product from the company’s Direct Lithium Extraction (“DLE”) Demonstration Plant for final conversion to lithium carbonate. “Standard Lithium keeps on delivering and de-risking our pre-commercial plants. We’ve been successfully operating our first-of-its-kind industrial scale DLE plant in Arkansas, and we’ve been continuously making lithium chloride product for months,” Dr. Andy Robinson, president and COO of Standard Lithium, said in the news release. “We’re now at the point where we’ve got our…

WednesdaySep 09, 2020 10:08 am

NetworkNewsBreaks – iClick Interactive Asia Group Ltd (NASDAQ: ICLK) Announces Closing of Follow-On Offering, More Than 8.5M Shares Sold

iClick Interactive Asia Group (NASDAQ: ICLK), a China-based independent online marketing and enterprise data solutions provider, has closed its follow-on offering of 8,500,001 American depositary shares ("ADSs"). The offering constituted two ADSs representing one Class A ordinary share of the company, par value $0.001 per share. iClick itself sold 6,877,214 ADSs while 1,622,787 ADSs were sold by selling shareholder Sumitomo Corporation Equity Asia Limited. In line with the offering agreement, iClick will not receive any proceeds from the sale of ADSs by Sumitomo Corp. Three company executives — Wing Hong Sammy Hsieh and Jian Tang, iClick co-founders, and CFO Terence Li —purchased a total of…

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