Breaks Categories: News

ThursdayFeb 14, 2019 11:40 am

NetworkNewsBreaks – Monobank Takes the Stage as First Norwegian Bank Selected to Demo at Finovate

Multifaceted financial news and publishing company NetworkNewsWire (“NNW”) today announced that Monobank, a cloud-based bank focused on consumer finance in the Nordics, was on stage at Finovate London to showcase its innovative credit card and payment platform, Mono Pay, for Europe's finance and fintech industry. The companies that demo at the conference are hand-picked by Finovate to showcase the most innovative solutions to more than 1,400 participants from over 300 of the largest financial institutions in Europe. Monobank is the first Norwegian bank in Finovate's 12-year history and the only company from Norway to hold a demo this year. “We…

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ThursdayFeb 14, 2019 11:11 am

NetworkNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Secures Additional $4M in Purchase Orders, Expects More Than $55M in 2019 Revenue from Branded Products

Vertically integrated cannabis company Sunniva (CSE: SNN) (OTCQX: SNNVF) today announced that it has secured an additional USD $4.0 million in purchase orders from select retail dispensaries in southern California for Sunniva branded cannabis products. This increases the total to USD $11.5 million in sales orders received to date for products to be sold in the first four months of 2019. Sunniva expects continued sales volume growth and, in 2019, estimates USD $55-$60 million in revenue from sales of its branded products in California, from those manufactured in its licensed extraction facility and through purchase of compliant third-party flower from…

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ThursdayFeb 14, 2019 10:35 am

NetworkNewsBreaks – Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Reaffirms Economics of Shymanivske Project Based on Spike in Iron Ore Prices

Canadian iron ore exploration and development company Black Iron (TSX: BKI) (OTC: BKIRF) (GR: BIN) this morning reaffirmed economic projections for its Shymanivske project, citing a weeks-long surge in iron ore prices after Vale, one of the world’s largest iron ore producers, took 11 mines offline, significantly hindering supply. The shut-down of Vale’s mines represents ~6% of global consumption with a combined production loss of 70Mtpa. In response, Iron ore prices spiked to the current US$87/T for benchmark 62 percent iron content fines and US$106/T for 65 percent iron content fines. While analysts have mixed projections on the length of…

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ThursdayFeb 14, 2019 9:59 am

NetworkNewsBreaks – Golden Developing Solutions, Inc.’s (DVLP) Where’s Weed Platform Enters Partnership with One of Cannabis Industry’s Largest POS Systems – GreenBits

Emerging leader in the cannabis, hemp, and cannabidiol (“CBD”) marketplace Golden Developing Solutions (OTC: DVLP) this morning announced an agreement between its Where’s Weed division and GreenBits (www.GreenBits.com), one of the cannabis industry’s largest point-of-sale (“POS”) systems that has processed over $2.5 billion in cannabis transactions across twelve states. Per the update, the comprehensive partnership will enable Where’s Weed to gain access to the entire GreenBits POS system and network. “This is a powerhouse of synergy,” DVLP CEO Stavros Triant stated in the news release. “Where’s Weed is a rapidly expanding platform that just went nationwide in helping cannabis consumers…

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ThursdayFeb 14, 2019 9:54 am

NetworkNewsBreaks – Icon Exploration Inc. (TSX.V: IEX.H) Issues Update on Proposed Change of Business Transaction

Icon Exploration Inc. (TSX.V: IEX.H) yesterday provided an update on its proposed change of business transaction. According to the update, City View Green ("CVG") has raised $1,000,000.50, completing its last seed raise; has acquired (under a mutual share exchange transaction) a 19.9 percent interest in Budd Hutt Inc., an Ontario-based private company that holds exclusive rights to acquire an Alberta private company that has submitted application for 37 retail cannabis stores in Alberta; and has cancelled certain previously-issued options. The parties are in the process of submitting updated listing documents to the Canadian Securities Exchange (“CSE”) that reflect these changes.…

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ThursdayFeb 14, 2019 9:26 am

NetworkNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Posting Q3 Financial Results on Feb. 27

Cannabis-focused investment and operating firm Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) recently announced that it will report its third quarter fiscal 2019 financial results after markets close on February 27, 2019. The company’s unaudited condensed interim financial statements as well as management’s discussion and analysis for the three and nine months ended December 31, 2018 will be available on www.sedar.com and in the investors section of Canopy Rivers’ website. Additionally, financial results currently scheduled to be released by Canopy Growth Corp. (TSX: WEED) (NYSE: CGC) on February 14, 2019 may contain preliminary financial information relating to Canopy Rivers. To view…

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WednesdayFeb 13, 2019 3:13 pm

NetworkNewsBreaks – Newly Appointed Board of Directors Member Increases Beneficial Ownership of BriaCell Therapeutics Corp. (OTCQB: BCTXF) (TSX.V: BCT)

On February 12, 2019 Jamieson Bondarenko, a recently appointed member of BriaCell Therapeutics’ (OTCQB: BCTXF) (TSX.V: BCT) Board of Directors, acquired 2,000,000 common shares of the company through the facilities of the TSX Venture Exchange at a price of $0.0975 per share for a total purchase price of $195,000. Bondarenko previously held 16,070,500 common shares of the company, representing about 9.8 percent of BriaCell’s issued and outstanding common shares. Following the acquisition, Bondarenko now has beneficial ownership of 18,070,500 common shares, representing approximately 11 percent of the company’s issued and outstanding common shares. To view the full press release, visit…

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WednesdayFeb 13, 2019 10:35 am

NetworkNewsBreaks – Generation Alpha, Inc. (GNAL) Partners with Seinergy LLC to Offer Lighting Rebates for U.S. Cannabis Growers

Vertically integrated cannabis technology innovator manufacturer and distributor Generation Alpha (OTCQB: GNAL) this morning announced its partnership with Seinergy LLC, an indoor agriculture lighting rebate provider in the U.S. Per the update, the new relationship could provide customers potential cost reductions of up to 40 percent in rebates per light fixture. “As we introduce new products like our new B9 LED light system, we also look for business solutions for our customers,” Generation Alpha Chief Executive Officer Alan Lien commented in the news release. “Seinergy allows us to provide options that help our customers reduce costs and improve margins.” To…

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WednesdayFeb 13, 2019 10:29 am

NetworkNewsBreaks – Pressure BioSciences Inc. (PBIO) Releases Video Demonstrating Capabilities of its Proprietary Ultra Shear Technology Platform

Pressure BioSciences (OTCQB: PBIO), a leader in the development and sale of high pressure-based instruments, consumables, and related services for the global life sciences industry, today released a short video that demonstrates its proprietary Ultra Shear Technology (“UST”) platform and its ability to create nanoemulsions (extremely small, nanometer-scale oil droplets that effectively dissolve in water) to provide optimized bioavailability for absorption. “We have all observed how oil and water do not normally mix or dissolve in each other, and routinely separate after mixing,” Pressure BioSciences Chief Commercial Officer Dr. Bradford A. Young said in the news release. “Even with modern,…

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WednesdayFeb 13, 2019 10:13 am

NetworkNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) Enters Binding Agreement to Acquire Assets of Khrysos Global

Leading omni-direct lifestyle company Youngevity International Inc. (NASDAQ: YGYI) this morning announced its entry into a binding agreement to purchase all of the assets of Khrysos Global, a Florida-based manufacturer of hemp-based CBD extraction equipment. Per the update, this acquisition is intended to establish YGYI’s newly formed, wholly owned subsidiary, Khrysos Industries Inc., as a global player in the field-to-finish hemp-CBD oil, isolate and distillate market. “I'm ecstatic about this purchase and what it signals for this moment in our company's history,” Dave Briskie, president and CFO of YGYI, stated in the news release. “The purchase of the assets of…

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