Breaks Categories: News

FridayNov 15, 2019 1:10 pm

NetworkNewsBreaks – GRN Holding Corp. (GRNF) Inks Various Non-Binding LOIs

GRN Holding (OTC: GRNF) recently announced a ticker symbol change on the OTC Markets from "DCGD" to "GRNF", effective November 5. On Thursday, the company announced that it has signed several non-binding letters of intent (“LOIs”) that are anticipated to result in the acquisition of a substantial amount of assets. The letters of intent are subject to the completion of due diligence, financial audits, and the execution of material definitive agreements, which GRNF expects to thoroughly complete and disclose in follow-up press releases and in its SEC filings. “It's an honor to be able to bring together such amazing, high-quality…

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FridayNov 15, 2019 12:13 pm

NetworkNewsBreaks – GSP Resource Corp. (TSX.V: GSPR) Commences First Diamond Drilling Program at Olivine Mountain Project

GSP Resource (TSX.V: GSPR) recently announced commencing of the inaugural diamond drilling program at the Olivine Mountain Project in Southwestern British Columbia. According to the update, the initial ~1000-meter drill program will test five separate massive copper/nickel sulphide targets across the 3021.87 hectare property. “We are pleased to have started drilling at the Olivine Mountain project.  Weather conditions in the area have been favorable and have allowed field and drill crews to move quickly to mobilize onto the project,” GSP President and CEO Simon Dyakowski said in the news release. “We are particularly excited to drill this project as the…

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FridayNov 15, 2019 12:07 pm

NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Releases Q3 2019 Results

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium certified organic cannabis, on Thursday released its financial and operational results for the three and nine months ended September 30, 2019. The company’s filings are available for review via its SEDAR profile at www.sedar.com. “Q3 marked TGOD's entry into the recreational cannabis market with a small pilot in Ontario. We were thrilled to witness such positive feedback on product quality and packaging from retailers and consumers across the province.  Based on the initial response, demand for high-quality flower is strong and TGOD is well positioned to…

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FridayNov 15, 2019 11:34 am

NetworkNewsBreaks – Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) Reports 61% Increase to $5M in Q3 2019

Siyata Mobile (TSX.V: SIM) (OTCQX: SYATF) today announced the filing of its Q3 2019 financials and hosted a conference call to discuss the results. Among the highlights, the company reported significant growth compared to the same period last year, with a 61% increase in Q3 2019 revenue to $5.0-million and record margins of 31.5% in Q3 2019, driven by UV350 sales. “By perfecting our in-vehicle cellular technology and multiple launches with Tier 1 carriers in North America, we have only just begun entering a very large scale market opportunity with no known direct competitors,” Siyata Mobile CEO and Chairman Marc…

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FridayNov 15, 2019 10:53 am

NetworkNewsBreaks – MustGrow Biologics Corp. (CSE: MGRO) (OTCQB: MGROF) Arranges $1.5M Equity Private Placement

MustGrow Biologics (CSE: MGRO) (OTCQB: MGROF), an agricultural biotech company developing and commercializing a portfolio of natural, science-based bio-pesticides, today announced a non-brokered private placement of approximately 4,285,714 units for gross proceeds of up to approximately C$1,500,000. According to the update, each unit, at a price of C$0.35, shall consist of one common share of the company and one-half of one common share purchase warrant. The holder of each full warrant is entitled to acquire one common share of the company at a price of C$0.50 for a 24-month period following the closing of the private placement. MustGrow Biologics intends…

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FridayNov 15, 2019 10:37 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) CEO Discusses Substantially Increased Revenues and Profits on MoneyTV with Donald Baillargeon

Technology and investment company SinglePoint (OTCQB: SING) was featured on this week’s episode of MoneyTV with Donald Baillargeon. The program is syndicated internationally and 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. This week’s program featured SinglePoint CEO Greg Lambrecht as he discussed substantially increased revenues and profits. “Our revenue is up 176%,” Lambrecht said in the show, comparing the substantial growth to the same period last year. “The gross profit is up 50%…

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FridayNov 15, 2019 10:05 am

NetworkNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Announces Q1 2020 Results, $90 Million Credit Facility led by Bank of Montreal

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) on Thursday announced the release of its financial and operating results for the first quarter ended September 30, 2019. In addition, the company announced its entry into a credit agreement with Bank of Montreal ("BMO") as Lead Arranger and Agent on behalf of a group of lenders for $90 million of senior secured credit facilities consisting of a term loan of $70 million and a revolving credit facility of $20 million. “In the first quarter of fiscal 2020, we operated through challenging market conditions while integrating new businesses and product planning…

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FridayNov 15, 2019 9:57 am

NetworkNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Releases Q3 2019 Financial and Operating Results

VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF), an Ontario-based cannabis company recognized for its premium products and services, on Thursday released its third quarter 2019 financial and operating results. According to the update, VIVO's net revenue increased to $6.3 million during Q3 2019, which represents a 19% increase relative to the same period last year. The increase reflects the ramp-up of the company's licensed capacity, which is expected to generate further revenue growth in Q4 2019. “Our focus for the first half of the year was to satisfy the needs of the evolving adult-use market, provide consistent supply of quality…

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FridayNov 15, 2019 9:31 am

NetworkNewsBreaks – Sigma Labs, Inc. (NASDAQ: SGLB) Posts Q3 2019 Financial Results

Sigma Labs (NASDAQ: SGLB), a leading developer of quality assurance software for the commercial 3D printing industry, on Thursday reported its financial and operational results for the third quarter ended September 30, 2019. Among other highlights, the company reported revenue for the third quarter of $171,003, a significant increase compared to $128,593 for the same period in 2018. On Thursday, Sigma Labs Chairman and CEO John Rice and CFO Frank Orzechowski hosted a conference call to discuss the results for the third quarter. A replay of the conference call is available through November 28, 2019. To listen to the replay,…

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ThursdayNov 14, 2019 3:02 pm

NetworkNewsBreaks – Eagle Labs Announces Launch of impirica CBD Brand

Eagle Labs Inc. on Wednesday announced the launch of impirica (www.impirica.co), a new cannabidiol (“CBD”) brand intended to eliminate consumer hesitancy and increase confidence of those interested in trying CBD products. According to the update, Eagle Labs has taken numerous steps to differentiate impirica from other CBD products in the exciting and highly competitive market. “The impirica brand is strategically designed and looks different than most CBD brands — the brand name itself connotes testing and trust, and you won’t find a hemp leaf anywhere on the packaging,” Eagle Labs Chief Commercial Officer Michael Law said in the news release.…

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