Breaks Categories: News

FridayJan 29, 2021 1:18 pm

NetworkNewsBreaks – Gage Cannabis Co. Secures $50M in Reg A, Tier 2 Offering

Gage Cannabis, the leading high-quality craft cannabis brand in Michigan, has announced the final closing of its Regulation A, Tier 2, equity financing (the “offering”). In total, Gage secured gross proceeds of US$50,000,000, the maximum amount qualified under the company’s offering circular, through the issuance of 28,571,400 subordinate voting shares. The oversubscribed offering included institutional and retail investor demand and significantly expanded the Gage’s ownership base through the addition of over 1,000 new shareholders. “We are humbled and excited by the significant interest and investor demand we received for our oversubscribed Reg A financing,” said Fabian Monaco, president of Gage.…

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FridayJan 29, 2021 10:43 am

NetworkNewsBreaks – SRAX (NASDAQ: SRAX) Served as Exclusive Tech Host for B. Riley Event

SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS (”SaaS”) platform, served as technology host for B. Riley Securities’ 2021 Vision Day held on Jan. 28, 2021. SRAX was the exclusive tech host for the event, which was held on its proprietary Sequire Virtual Events platform. B. Riley Securities’ 2021 Vision Day was a daylong virtual investor conference. The conference agenda included multiple video presentations and fireside chats that focused on top stock picks of B. Riley’s award-winning equity research team. B. Riley clients and investors accessed the live on…

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FridayJan 29, 2021 10:31 am

NetworkNewsBreaks – Applied DNA Sciences Inc. (NASDAQ: APDN) Has Closed Registered Direct Offering Resulting in $15M

Applied DNA Sciences (NASDAQ: APDN) (OTC: APPDW), a leader in polymerase chain reaction (“PCR”)-based DNA manufacturing, announced that it has officially closed the registered direct offering of 1,810,000 shares of common stock. The shares were sold at $8.30 per share, resulting in a total of $15 million for the company. APDN provides molecular technologies that enable supply chain security. The company also offers anti-counterfeiting and anti-theft technology, product genotyping and pre-clinical nucleic acid-based therapeutic drug candidates. Sole placement agent for the offering was Roth Capital Partners. To view the full press release, visit https://www.nnw.fm/N2ah4 About Applied DNA Sciences Applied DNA…

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FridayJan 29, 2021 10:05 am

NetworkNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Announces Preliminary Q4 2020 Financial Results

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT), a leading producer, developer and operator of augmented reality ("AR") interactive entertainment games, toys and educational materials in China, today announced preliminary unaudited financial results for the fourth quarter ended Dec. 31, 2020. According to the update, the company’s total revenues increased more than 70% to approximately US$20 million, compared to US$11.8 million in the prior-year period. "We are pleased with the top-line growth achieved during the 2020 fourth quarter. This was primarily driven by revenues from our strategic acquisition of Xunpusen, which has set a strong foundation for us to be able…

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FridayJan 29, 2021 9:44 am

NetworkNewsBreaks – BIGtoken Inc.’s (FPVD) Platform Provides Consumers with Choice, Transparency Regarding Data

BIGtoken (OTC: FPVD), formerly Force Protection Video Equipment Corporation, today announced the availability of a broadcast titled, “Censorship and Data: The Stakes and Consequences Are Getting Serious.” The piece discusses censorship and consumers’ growing questions surrounding lack of data privacy and control and shines a glaring spotlight on today’s growing challenges. According to the editorial article, “roughly six-in-ten U.S. adults say they do not think it is possible to go through daily life without having data collected about them by companies or the government.” The company’s stance is covered in the piece, which states, “In the face of mounting concern…

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FridayJan 29, 2021 9:06 am

NetworkNewsBreaks – Global Diversified Marketing Group Inc. (GDMK) Announces That Starting February Major National Club Store Will Stock Its Premium Snack

Global Diversified Marketing Group (OTC: GDMK) announced that it has secured placement for its premium snacks to be distributed throughout the Northeast Region; GDMK secured that placement with National Club Store Chain, a major consumer club store chain. Global Diversified has already received and begun to fill the first purchase order. The company expects to be deliver initial product shipments by February. In the announcement, Global Diversified noted the timing was ideal because it would meet the strong demand by consumers for snacks during the colder winter months. The placement will begin with Club Stores carrying and offering GDMK’s gourmet Coco…

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FridayJan 29, 2021 8:00 am

NetworkNewsBreaks – Excellon Resources Inc. (TSX: EXN) (EXN.WT) (NYSE: EXN) (FRA: E4X2) Announces Strong Q4 2020 Silver Production

Excellon Resources (TSX: EXN) (EXN.WT) (NYSE: EXN) (FRA: E4X2) has announced fourth quarter and annual 2020 production results from the Platosa Mine in Durango, Mexico. Among other highlights, the company reported an 18% increase in silver-equivalent ("AgEq") production to 556,332 AgEq oz. "Our Platosa Mine continued to deliver strong production in Q4 2020 after our restart of operations in late Q2, with another quarter of near record mined and milled tonnage," stated Brendan Cahill, president & CEO of Excellon Resources. "The numerous improvements we have made to the operation are bearing fruit and we continue to identify additional areas for…

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ThursdayJan 28, 2021 2:54 pm

NetworkNewsBreaks – InsuraGuest Technologies Inc. (TSX.V: ISGI) (OTCQB: ISGIF) Announces Insurance Coverage Expansion to Cover Entire Hotel Premises

InsuraGuest Technologies (TSX.V: ISGI) (OTCQB: ISGIF), a leading U.S. insurance brokerage and consulting firm, has expanded its Hospitality Liability coverages to include accidental medical incidents occurring anywhere on a hotel's premises; ISGI is making this expansion move through its wholly owned U.S. subsidiary InsuraGuest Inc. ("ISG"). The company’s coverage now includes incidents in a guest's own room as well as incidents that occur anywhere else on the hotel property, including the pool, hotel gym and parking lot. A significant amount of a hospitality operator's claims fall in the small-property and medical-claims categories, which are typically covered under a general liability…

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ThursdayJan 28, 2021 2:31 pm

NetworkNewsBreaks – JourneyApps Announces Strategic Partnership with Itransition

JourneyApps, a high-productivity app development platform provider focused on the industrial segments of the market, today announced a new partnership with Itransition, a global provider of digital solutions and IT services. The collaboration will combine Itransition’s expertise with JourneyApps’ technology to allow organizations to accelerate the development and deployment of mission-critical custom business apps. “Our customers often need a proven IT services partner to deliver on innovative digital initiatives using the JourneyApps platform,” said Conrad Hofmeyr, CEO of JourneyApps. “Itransition is a highly experienced digital solutions provider with more than 1,500 completed projects and a global footprint, and therefore we…

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ThursdayJan 28, 2021 2:04 pm

NetworkNewsBreaks – Clearside Biomedical Inc. (NASDAQ: CLSD) Closes Sale of Common Stock for $12M

Clearside Biomedical (NASDAQ: CLSD), a biopharmaceutical company dedicated to developing and delivering treatments that restore and preserve vision for people with serious back of the eye diseases, announced that it has closed the sale of 4,209,050 shares of common stock. The shares were priced at $2.851 per share, with the sale resulting in approximately $12 million. In the announcement, Clearside noted that the sale took place with institutional investors and certain existing stockholders. Clearside is recognized for its proprietary SCS Microinjector(R), designed to combat sight-threatening disease. The SCS Microinjector targets the suprachoroidal space (“SCS”) and provides access to the macula,…

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