Breaks Categories: News

ThursdayFeb 22, 2018 9:39 am

NetworkNewsBreaks – Victory Square Technologies Inc. (CSE: VST) (OTC: VSQTF) (FRA: 6F6) (WKN: A2AKL8) Enters Agreement to Acquire Stake in Howyl Ventures Inc.

Victory Square Technologies (CSE: VST) (OTC: VSQTF) (FRANKFURT: 6F6) (WKN: A2AKL8) this morning said that it will acquire 28.5% of all issued and outstanding shares of Howyl Ventures Inc. including its decentralized project marketplace platform, Capaciti, for $1,000,000 CAD, subject to all requisite regulatory approvals. Per the agreement, the total purchase price will be satisfied through cash installments totaling $100,000 and the issuance of 364,372 common shares in the capital of Victory Square to the shareholder(s) of Howyl at a deemed issue price of $2.47 per share. In accordance with the terms of the agreement, the shares shall be subject…

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ThursdayFeb 22, 2018 9:34 am

NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Unveils Plans for Spring Drill Program at Case Lake

Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced that its joint venture partner, Power Metals Corp., has completed a 3,000-meter diamond drill program on the Northeast Dyke at its Case Lake property near Cochrane, Ontario. Per the update, the drilling successfully intersected multiple coarse-grain pale green spodumene zones at shallow depths and over good intervals. MGX also this morning detailed plans for a proposed 8,000-meter drilling program targeting the new spodumene pegmatite dykes located between the Case Lake property’s Main Dyke and South Dyke. The drilling program is currently scheduled to…

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WednesdayFeb 21, 2018 12:42 pm

NetworkNewsBreaks – RJD Green, Inc. (RJDG) Enters Formal Discussions for Acquisition of Operating Oil & Gas Properties

Multi-division holding company RJD Green, Inc. (OTC: RJDG) today announced that its Earthlinc Environmental division has entered into formal discussions regarding the acquisition of two operating oil and gas properties strategically located in the Mid-America region. Per the update, the combined properties reflect over 4,700 contiguous acres with existing production and net operating profit of over $33,000 per month. The company projects that, with secondary enhancement of existing wells and an orderly drilling and completion program, revenue from the properties could grow ten-fold. “We hope to have reached terms of acquisition within thirty days,” RJD Green management noted in a…

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WednesdayFeb 21, 2018 10:03 am

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Announces Commencement of Drilling in Cobalt North

Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning announced its commencement of drilling in Cobalt North, near the historic Drummond, Kerr and Conisil mines. The new program comes on the heels of the company’s completion of a maiden drilling program in Cobalt South that identified three distinct mineralized areas that will require follow up. “In our first drill campaign, we successfully identified three distinct cobalt mineralized zones in Cobalt South that warrant follow up. As we focus on Cobalt North for the second leg of the winter drill campaign, we have combined a rich…

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WednesdayFeb 21, 2018 9:35 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Inks LOI with ORHub, Inc. (ORHB) to Launch Healthcare Blockchain Platform

Specialized holding company SinglePoint, Inc. (OTCQB: SING) this morning said that it has signed a Letter of Intent (“LOI”) with ORHub, Inc. (OTC: ORHB) to develop a blockchain services platform for health care applications. Per the agreement, ORhub will engage SinglePoint for up to $750,000 in initial development costs. “With the commitment from ORHub to fund the project, we are in a strong position to design, develop and execute on the solution. As part of this collaboration and broader corporate initiatives in the blockchain market, we are aggressively establishing working relationships with key blockchain engineers,” SinglePoint President Wil Ralston stated…

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WednesdayFeb 21, 2018 9:26 am

NetworkNewsBreaks – Veritas Pharma Inc. (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) Issues Corporate Update Detailing Q1 2018 Milestones

Emerging-stage pharmaceutical and IP development company Veritas Pharma Inc. (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) this morning issued an official corporate update on its achievements, related scientific activities and growth strategies for the first quarter of fiscal 2018. Highlights include the company’s ongoing search for prospective office and research lab space on the campus of the University of British Columbia, its subsidiary’s progress toward the commencement of human trials in Puerto Rico studying lead cannabis strain CTL-X for pain management, its reception of a Health Canada dealer license through subsidiary Cannevert Therapeutics Ltd. (“CTL”) and CTL’s initiation of a cancer…

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TuesdayFeb 20, 2018 1:19 pm

NetworkNewsBreaks – My Size, Inc. (NASDAQ: MYSZ) Closes $6M Public Offering

My Size (NASDAQ: MYSZ) (TASE: MYSZ) on February 2, 2018 announced the closing of a public offering of its common stock and warrants to purchase shares of its common stock. The company successfully sold 3,000,000 shares of common stock together with warrants to purchase up to 1,500,000 shares of common stock at an offering price of $2.00 per share and related warrant. The investors shall receive five-year warrants at an exercise price of $2.65 per share. The company intends to use the total gross proceeds of $6,000,000, less placement agent fees and other offering expenses, toward capital expenditures, repayment of…

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TuesdayFeb 20, 2018 11:56 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) MTRAC Subsidiary Names New Director of Business Development

Global Payout, Inc. (OTC: GOHE) this morning announced that its Money Trac Technology, Inc. ("MTRAC") subsidiary has appointed Jason Leblanc as its new Director of Business Development to help MTRAC manage its growth in the already successful and industrious 2018. Leblanc holds a Bachelor of Science in business finance and has 13 years of experience working as the regional director for First Legal Network, a multi-million firm with presence across western US. “I am ecstatic to welcome LeBlanc to MTRAC. I have worked with him in the past, and I know he possesses a wealth of skills and resources that…

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TuesdayFeb 20, 2018 11:07 am

NetworkNewsBreaks – PotNetwork Holding, Inc. (POTN) Subsidiary Presenting at CHAMPS Trade Show

PotNetwork Holding, Inc. (OTC: POTN), through wholly-owned subsidiary Diamond CBD, Inc., this morning announced that it is exhibiting its 2018 product line at the 37th CHAMPS Trade Show taking place at the Las Vegas Convention Center from February 19-21. CHAMPS Trade Shows are widely recognized among the largest and most trusted international counter-culture trade shows in the world. Diamond CBD’s exhibit is located at booth 2249 and includes information on its recently-unveiled Meds BioTech product line. Per the update, past CHAMPS trade shows have been “highly successful” for Diamond CBD in terms of generating both publicity and sales. To view…

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TuesdayFeb 20, 2018 10:42 am

NetworkNewsBreaks – Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) Issues Update on California Lithium Exploration

Lithium-focused mining company Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) this morning issued an update on the ongoing exploration program at its California lithium properties. Per the news release, the company and its drilling contractors have completed six exploration boreholes across the Bristol Dry Lake Project area, and three of the exploration holes have had temporary sampling casing installed in order to facilitate the collection of high quality lithium brine samples. Drilling is also underway on an observation well. When completed, this well will allow for robust pumping tests to be performed at the project. Detailed lithium brine…

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