Breaks Categories: News

ThursdayFeb 01, 2018 10:24 am

NetworkNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Acquires Harvest Medicine Inc.

ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) this morning announced that it has completed its acquisition of Harvest Medicine Inc. pursuant to the terms of a share purchase agreement dated January 31, 2018. Per the update, the acquisition was completed in consideration for, among other things, a cash payment of $1.5 million, the issuance of 1,056,338 common shares in the capital of the company and additional post-closing consideration related to certain performance milestones, including patient revenue and profitability metrics. Moving forward, Harvest Medicine will operate as a wholly-owned subsidiary of ABcann, but it will maintain its commitment to being an…

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ThursdayFeb 01, 2018 10:01 am

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Announces Positive Results from 2017 Drill Program

Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning announced positive results from its 2017 drill program, which intersected 25 meters of fracture-controlled silver mineralization in Canada’s Cobalt Camp. The company’s drilling found 106.2 g/t silver over 13.7 meters, including 445 g/t silver over 3.0 meters, near the Keeley Shaft. The release also noted the discovery of anomalous silver occurring over 4.0 meters above the interval and 7.0 meters below, up to 11.3 g/t over 1.0 meter. Per the update, these findings suggest metal zoning patterns of silver-rich and cobalt-rich areas of mineralization at the…

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ThursdayFeb 01, 2018 9:39 am

NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Details Newly-Acquired Metal Air Battery and Fuel Cell Patents

Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced that, as a result of its recently closed acquisition of ZincNyx Energy Solutions, Inc., the company now controls 20 metal air battery and fuel cell patents. In addition to providing a full list of these patents, the news release offers an overview of ZincNyx’s technology, which includes a patented regenerative zinc-air flow battery that efficiently stores energy in the form of zinc particles and contains none of the traditional high-cost battery commodities such as lithium, vanadium or cobalt. Per the update, this technology…

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WednesdayJan 31, 2018 3:08 pm

NetworkNewsBreaks – MoneyOnMobile, Inc. (MOMT) Secures $7.6M in New Capital

MoneyOnMobile (OTCQB: MOMT), one of the largest phone-based payment networks operating in India, recently announced that it has successfully completed a $7.6 million fundraise of new capital through the issuance of Series F Preferred Shares. "We are pleased with the positive response from investors and the speed with which we closed this investment during what is normally a relatively slow time of the year for fundraising. This capital infusion will enable us to continue to execute our business plan and drive growth across our product lines," MoneyOnMobile chairman and CEO Harold Montgomery stated in the news release. To view the…

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WednesdayJan 31, 2018 3:05 pm

NetworkNewsBreaks – Riot Blockchain, Inc. (NASDAQ: RIOT) Invests in Cryptocurrency, Continues Commitment to Blockchain

Riot Blockchain (NASDAQ: RIOT) announced on November 16, 2017, that it made a strategic investment in cryptocurrency accounting and audit technology services company, Verady, LLC. With this move and the company’s commitment to continue leveraging blockchain, RIOT is among many innovators finding ways to integrate the revolutionary technology in numerous business applications (http://nnw.fm/6uAQI). Discussing the investment, RIOT CEO and Chairman John O'Rourke stated, "This investment continues our commitment to building blockchain technologies. With recent highs in Bitcoin and other cryptocurrency valuations, there is significant market potential for blockchain and digital asset technologies. We will continue to increase our involvement and…

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WednesdayJan 31, 2018 3:03 pm

NetworkNewsBreaks – Albireo Pharma, Inc. (NASDAQ: ALBO) Closes $74.8M Public Offering

Albireo Pharma (NASDAQ: ALBO), a biopharmaceutical company focused on development of treatments for orphan pediatric liver diseases and other diseases and disorders, completed its underwritten public offering of 1,970,000 common stock shares at a public price of $33.00 per share. The underwriters have also exercised an option for the purchase of an additional 295,500 common stock shares at the public offering price, less the underwriting discounts and commissions. Albireo sold all of the offering shares and grossed proceeds of approximately $74.8 million while netting proceeds of approximately $69.9 million. To view the full press release, visit http://nnw.fm/WPZ7t About Albireo Albireo…

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WednesdayJan 31, 2018 2:58 pm

NetworkNewsBreaks – Organigram Holdings, Inc. (TSX.V: OGI) (OTCQB: OGRMF) Closes $115M Convertible Debenture Offering

Organigram Holdings (TSX.V: OGI) (OTCQB: OGRMF) this morning said that is has closed its short form prospectus offering of convertible unsecured debentures of the company on a bought deal basis, including the full exercise of the over-allotment option. A total of 115,000 convertible debentures were sold during the offering at a price of $1,000 each, resulting in gross proceeds of $115,000,000 to the company. Organigram intends to use the proceeds from the offering to support the strengthening of its stance within the Canadian and global cannabis markets. The securities have not been and will not be offered or sold within…

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WednesdayJan 31, 2018 12:21 pm

NetworkNewsBreaks – RJD Green, Inc. (RJDG) Appoints New COO

Multi-division holding company RJD Green, Inc. (OTC: RJDG) this morning announced its appointment of Jerry Niblett to the role of chief operating officer. Niblett has served as a board director for the company since 2014. “Mr. Niblett brings over 25 years of management success in oil & gas operations for both corporate and small-cap enterprise,” Ron Brewer, CEO of RJD Green, stated in a news release. “His management expertise includes executive management, as well as direct management in disciplines that include operations, maintenance, lean, reliability engineering, emergency management, compliance, safety, environmental, hazardous materials, training, and exploration. His corporate employment includes;…

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WednesdayJan 31, 2018 11:59 am

NetworkNewsBreaks – Epazz, Inc. (EPAZ) Announces Acquisition of Bitcoin Charts iOS App

Epazz, Inc. (OTC: EPAZ), a leading provider of blockchain cryptocurrency mobile apps and cloud-based business software solutions, this morning announced its acquisition of iOS app ‘Bitcoin Charts’. Per the update, the app provides live trading data of cryptocurrencies on the iOS platform. Epazz intends to combine Bitcoin Charts with its recently-acquired CryptoFolio Android app to create “the ultimate live cryptocurrency trading app.” The combined app is expected to be available on both the App Store and Google Play, with translations available in 10 unique languages. “We are purchasing the rights to blockchain apps to speed up our market entry into…

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WednesdayJan 31, 2018 11:12 am

NetworkNewsBreaks – PotNetwork Holding, Inc. (POTN) Subsidiary Exhibiting at TPE 2018

PotNetwork Holding, Inc. (OTC: POTN) this morning announced that its Diamond CBD subsidiary is exhibiting at the Tobacco Plus Expo 2018, a “must-attend” show for retailers, distributors and wholesalers serving the tobacco and vapor industries that’s currently underway in Las Vegas. Diamond CBD is showcasing at Booth 8126, and its management team will be on hand in an effort to broaden the company’s prospective audience. PotNetwork also provided an update on its ongoing audit process in this morning’s release. “We plan to complete our unaudited financials for 2017 and expect to have them posted early. We anticipate within the next…

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