Breaks Categories: News

ThursdayJan 25, 2018 10:13 am

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Enters Agreement with Pemex

Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF), a company focused on the development and implementation of proprietary technologies for the energy industry, this morning announced its entry into an agreement with Pemex, the Mexican state-owned petroleum company and one of the world’s top petroleum producers. On December 1, 2017, Pemex made headlines by becoming the first petroleum company to accept cryptocurrency as a form of payment. Per the update, Pemex is optimistic that it can benefit from the adoption and integration of a blockchain technology platform to efficiently manage and implement the chain of supply of oil and gas, falling…

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ThursdayJan 25, 2018 9:47 am

NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Exercises Option to Expand Ownership Stake in PurLucid Treatment Solutions

Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced that it is exercising its option to acquire an additional five percent ownership stake in engineering partner PurLucid Treatment Solutions. The PurLucid shares, purchased from existing shareholders, will be acquired in exchange for one million MGX shares. Following the phase IV investment agreement share option exercise, MGX’s ownership in PurLucid will total 51 percent, and the company maintains the right to acquire 100 percent of PurLucid through successive future investments. Since announcing an acquisition and engineering partnership agreement in September 2016, MGX and…

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WednesdayJan 24, 2018 3:13 pm

NetworkNewsBreaks – True Leaf Medicine International Ltd. (CSE: MJ) (FSE: TLA) (OTCQB: TRLFF) Secures New Equity Financing

True Leaf Medicine International (CSE: MJ) (FSE: TLA) (OTCQB: TRLFF) this morning said it has raised C$14 million in equity financing that will enable the life cannabis company to move forward with its medicinal cannabis facility. True Leaf raised C$10M in a Regulation A+ public equity offering priced at C$0.70 per share, making it the first Canadian-listed company to successfully conduct such an offering. Additionally, the company said it is currently working toward the close of a $4,051,654.60 non-brokered private placement via the sale of 5,788,078 common shares at a price of C$0.70 per share, available to Canadian investors only.…

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WednesdayJan 24, 2018 2:46 pm

NetworkNewsBreaks – Liberty Leaf Holdings Ltd. (CSE: LIB) (OTCQB: LIBFF) (FSE: HN3P) Secures $2M in Private Placement

On January 22, Liberty Leaf Holdings Ltd. (CSE: LIB) (OTCQB: LIBFF) (FSE: HN3P) said that it closed a non-brokered private placement financing of 5,000,000 units at a price of $0.40 each. Each unit consists of one common share and one-half of one transferable share purchase warrant. Each whole warrant entitles the holder to further purchase one common share for a period of up to twenty-four months at a price of $0.60. The company also issued 259,485 finder's units with the same entails. The company received total gross proceeds of $2,000,000 from the offering which it intends to use toward fast-tracking…

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WednesdayJan 24, 2018 1:19 pm

NetworkNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Issues Update on Scorpion Venom Research Program

Health sciences company PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) this morning offered an update on its scorpion venom-derived peptide research and development program, which consists of identifying, extracting and sequencing peptides and proteins isolated from Caribbean blue scorpion venom. Per the update, the program is progressing on schedule through the first of its three distinct phases. As previously noted, PreveCeutical has successfully separated several target scorpion venom-derived peptides and proteins using both one-dimensional gel electrophoresis ("1DE") and two-dimensional gel electrophoresis ("2DE"). Next, the company’s research team aims to sequence the extracted peptides and proteins in order to…

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WednesdayJan 24, 2018 12:19 pm

NetworkNewsBreaks – RJD Green’s (RJDG) Earthlinc Environmental Services Division to Launch New Division Targeting Energy Sector

Multi-division holding company RJD Green, Inc. (OTC: RJDG) this morning announced that its Earthlinc Environmental Services Division is launching Field Services Operations focused on providing environmental services in the energy sector. Per the update, services offered through this new division are expected to include tank battery construction, trucking, oil and gas field maintenance and pipeline maintenance. Additionally, Earthlinc has entered into discussions with a well-established oil field service company in consideration of providing joint venture services that enhance the ability of both entities to achieve immediate growth in both the environmental and oil field arenas. “The relationship will allow Earthlinc…

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WednesdayJan 24, 2018 11:39 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Exploring Potential Strategic Partnership with Eyeconic.TV

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced that it has executed a Letter of Intent with Eyeconic.TV, an innovative and award winning producer and distributor of interactive digital mediums aimed primarily at providing digital menus, advertising and kiosks to its customers within their businesses. Per the update, the execution of this LOI will provide the companies with an opportunity to thoroughly explore the possibility of establishing a strategic partnership. “We are very excited to explore the possibility of establishing an official partnership with Eyeconic.TV that would be mutually beneficial…

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WednesdayJan 24, 2018 11:02 am

NetworkNewsBreaks – PotNetwork Holding, Inc. (POTN) Leverages Month-Over-Month Sales Growth to Greatly Exceed 2017 Revenue Projections

PotNetwork Holding, Inc. (OTC: POTN) this morning announced that, as a result of the rapid growth in sales of its Diamond CBD, Inc. subsidiary, it achieved revenues of approximately $14.5 million for the 2017 calendar year. Notably, this figure exceeded the company’s earlier projections of $8.3 million by more than 70 percent. “2017 has been a phenomenally successful year for us! Our unprecedented sales growth pays tribute to the hard work of our staff and our resellers, and the exceptional quality of our CBD product line which expanded greatly over 2017,” Richard Goulding, CEO of PotNetwork, stated in the news…

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WednesdayJan 24, 2018 10:20 am

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Announces Cobalt Camp Research Program

Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning announced its initiation of a research program aimed at identifying regional controls for cobalt-silver mineralization in Ontario’s Cobalt Camp. Per the update, this program, to be conducted in partnership with the Mining Exploration Research Center at Laurentian University, marks the latest in a series of initiatives designed to bring research and innovation into the 110 year old mining camp. “Structural controls on cobalt-silver mineralization in the Camp are poorly understood and initiatives like the one announced today allow us to improve our geological models and create…

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WednesdayJan 24, 2018 9:48 am

NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Highlights Significant Intervals from Case Lake Drill Hole Assays

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 reported additional drill hole assays for lithium (Li) and tantalum (Ta) mineralized intervals from the Main Dyke at Case Lake. Significant intervals include drill hole PWM-17-45, which found 1.67 percent Li2O and 127.7 ppm Ta over 6.0 meters and 1.58 percent Li2O and 233.68 ppm Ta over 8.0 meters, and PWM-17-46, which found 1.79 percent Li2O and 186.45 ppm Ta over 6.0 meters. Located in the Steele and Case townships situated roughly 80 kilometers…

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