Breaks Categories: News

MondayApr 27, 2020 10:18 am

NetworkNewsBreaks – Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Appoints Proven Leader in Canadian CPG Sector, Beena Goldenberg, as President and CEO

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced that its board of directors (the “Board”) has named Beena Goldenberg, former CEO of Hain-Celestial Canada ("Hain Canada"), as the Company's president and chief executive officer, effective immediately. According to the update, Goldenberg succeeds Colin Moore who, as interim president and CEO since January 2020, took significant steps to reduce the Company's operating and overhead costs, expand its product offering across all market segments and accelerate its transition into a premium cannabis consumer packaged goods ("CPG") company. Moore will continue to serve as a director of the Company and…

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MondayApr 27, 2020 9:48 am

NetworkNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Releases Update on Timing of Annual Filings

Plus Products (CSE: PLUS) (OTCQX: PLPRF) on Friday announced that, as a result of the COVID-19 pandemic, it will be relying on the coordinated relief provided by the securities regulators, which consists of a 45-day extension for certain periodic filings, as announced by the Canadian Securities Administrators (“CSA“) on March 18, 2020. According to the update, Plus Products will rely on this relief with respect to the filing of its annual financial statements, management’s discussion and analysis, and related officer certificates for its financial year ended December 31, 2019. The Company will provide a further update concerning the exact timing…

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FridayApr 24, 2020 1:53 pm

NetworkNewsBreaks – Reed’s Inc. (NASDAQ: REED) Closes $5.8M Follow-On

Reed’s (NASDAQ: REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, recently closed an underwritten public offering of 15,333,334 shares of common stock, including 2,000,000 additional shares due to the full exercise of the over-allotment option. The shares were sold at the public offering price of $0.375 each, resulting in gross proceeds of roughly $5.8 million. The company intends to utilize the proceeds from the offering toward working capital and for general corporate purposes. ROTH Capital Partners served as the sole manager for the offering. To view the full press release, visit http://nnw.fm/S1lak About Reed’s Inc. Established in…

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FridayApr 24, 2020 12:22 pm

NetworkNewsBreaks – DraftKings Inc. (NASDAQ: DKNG) Completes Business Combination to Create Pure-Play Sports Betting and Online Gaming Company, Commences Nasdaq Trading

DraftKings (NASDAQ: DKNG), a digital sports entertainment and gaming company known for its industry-leading daily fantasy sports and mobile sports betting platforms, on Thursday announced that it has completed its business combination with SBTech (Global) Limited (“SBTech”), an international provider of cutting-edge sports gaming technologies, and Diamond Eagle Acquisition Corp. (NASDAQ: DEAC). According to the update, the business combination, approved by DEAC’s stockholders on April 23, 2020, creates the only vertically integrated pure-play sports betting and online gaming company based in the United States. DraftKings’ shares of Class A common stock began trading on the Nasdaq Global Select Market under…

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FridayApr 24, 2020 11:00 am

NetworkNewsBreaks – Crinetics Pharmaceuticals, Inc. (NASDAQ: CRNX) Secures $115.1 Million in Underwritten Public Offering

Crinetics Pharmaceuticals (NASDAQ: CRNX), a clinical-stage pharmaceutical company focused on the discovery, development and commercialization of novel therapeutics for rare endocrine diseases and endocrine-related tumors, has closed an underwritten public offering of 8,222,500 shares of its common stock, which includes an additional 1,072,500 shares per the full exercise of the over-allotment option granted to the underwriters. According to the update, Crinetics Pharmaceuticals secured approximately $115.1 million in gross proceeds, with each of the shares sold at the public offering price of $14.00. The company intends to use the proceeds to fund the development of paltusotine and its other research and…

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FridayApr 24, 2020 10:55 am

NetworkNewsBreaks – Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) (FRA: WK3D) Announces Schedule for Release of Year-End Results

Siyata Mobile (TSX.V: SIM) (OTCQX: SYATF) (FRA: WK3D) today announced that the Company will release its results on or before May 29, 2020, as well as host an investor conference call and CEO Q&A at such time to discuss the results. As highlighted in the update, Siyata remains an essential services business with sales and large scale trials for first responders, military and defense contractors, all of which are very active during this period both in the United States and in international markets. The Company has announced over $10M in new purchase orders for delivery since the beginning of Q4 2019,…

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FridayApr 24, 2020 10:01 am

NetworkNewsBreaks – ChineseInvestors.com Inc. (CIIX) CEO Expresses Optimism About the Company’s Future on MoneyTV with Donald Baillargeon

ChineseInvestors.com (OTCQB: CIIX) was featured on this week’s episode of MoneyTV with Donald Baillargeon. The internationally syndicated program, viewed in over 200 million households and more than 75 countries, covers money-focused topics and features in-depth interviews with CEOs and executives that offer insights into various companies and their operations and future outlooks. Among other highlights, this week’s episode featured CEO Warren Wang as he expressed optimism about the company's future. Discussing his 20 years with the company as ChineseInvestors’ Founder and CEO, Wang highlighted CIIX’s use of YouTube and other social media sources to broaden its audience base and increase…

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FridayApr 24, 2020 9:54 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) CEO Discusses Finding Opportunity in Chaotic Times on MoneyTV with Donald Baillargeon

SinglePoint (OTCQB: SING) was featured on this week’s episode of MoneyTV with Donald Baillargeon. The internationally syndicated program covers money-focused topics, featuring various companies and in-depth interviews with CEOs and executives that offer insights into operations and future outlooks. MoneyTV is viewed in over 200 million households in more than 75 countries. Among other highlights from this week’s program, SinglePoint CEO Greg Lambrecht discussed finding opportunity in chaotic times. Discussing the impacts of covid-19, Lambrecht stated, “It forced the company to go virtual. We’ve had our phone operators set up meetings on GoToMeeting and, because of that, we’ve expanded from…

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FridayApr 24, 2020 9:20 am

NetworkNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Hosting Webcast, Conference Call

Energy Fuels (NYSE American: UUUU) (TSX: EFR) on Thursday reported that it will be holding a webcast and conference call to discuss the recently announced recommendations by the U.S. Nuclear Fuel Working Group ("NFWG"), and how they may benefit the company. The call is taking place Friday, April 24 at 11:30 AM ET. To join the webcast, dial the toll-free line for the U.S. and Canada at 1-888-664-6392 or dial 416-764-8659. The webcast slides are available to view online at http://nnw.fm/dX2Cm. Additionally, a recorded version of the call will be available on the company’s website following the call and can…

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ThursdayApr 23, 2020 3:47 pm

NetworkNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Applauds Strategy to Restore American Nuclear Energy Leadership, Schedules Conference Call

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) today issued a news release applauding the Trump administration and the U.S. Nuclear Fuel Working Group (“NFWG”) for their work toward developing the Strategy to Restore American Nuclear Energy Leadership. Per the update, this comprehensive strategy seeks to revive and strengthen U.S. nuclear fuel capabilities, starting with uranium mining, with the goals of supporting U.S. energy and national security, preventing geopolitical adversaries (particularly those in Russia) from using their nuclear capabilities to influence the U.S. and the world, and promoting global non-proliferation objectives and nuclear safety. “President Trump initiated the most comprehensive…

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