Breaks Categories: News

ThursdayJan 18, 2018 3:06 pm

NetworkNewsBreaks – SPAR Group, Inc. (NASDAQ: SGRP) Expands Domestic Business through Acquisition

SPAR Group (NASDAQ: SGRP) recently moved to expand its domestic business through the acquisition of a 51% interest in Resource Plus, Inc., a provider of professional fixture installation and product merchandising services; a 51% interest in Mobex of North Florida, Inc., a retail fixture mobilization system manufacturer; and a 51% interest in Leasex, LLC, a company formed to lease Mobex’s proprietary equipment. Resource Plus CEO Richard Justus will continue to run the operations of the newly acquired assets, which will function as a subsidiary of SPAR Group following the close of the acquisition. The news, released last Thursday, sent shares…

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ThursdayJan 18, 2018 3:03 pm

NetworkNewsBreaks – RJD Green Inc. (RJDG) Discusses 2017 Results, 2018 Revenue Forecasts

Multi-division holding company RJD Green, Inc. (OTC: RJDG) this morning recapped its financial results from 2017 and outlined its goals for the coming year. Per the update, the company’s performance in 2017 was hindered by the delayed launch of its IoSoft division’s new software platforms, a delay which came as a result of regulatory hurdles related to the application of these platforms in the banking and health care sectors. However, with IoSoft now fully launched and initial contracts being serviced, IoSoft management feels substantial revenue growth, as previously forecast, can be achieved in 2018. RJD Green’s management team has conservatively…

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ThursdayJan 18, 2018 2:18 pm

NetworkNewsBreaks – Earth Science Tech, Inc. (ETST) President Donates 50,000 Shares to Earth Science Foundation

Science-based biotechnology company Earth Science Tech, Inc. (OTC: ETST) this morning announced that company President Nickolas S. Tabraue has committed to donating 50,000 of his personal shares in order to become the first contributor to the Earth Science Foundation. Per the update, the foundation has been formed to help individuals who are in need of the products that the company manufactures, as well as future formulas that are being developed by the company, to meet their specific health needs. “I have received a tremendous amount of positive feedback regarding our CBD-based products from children, adults and elderly patients alike who…

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ThursdayJan 18, 2018 1:31 pm

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Announces JV Agreement with Crypto Value Management System, LLC

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced that it has entered a joint venture partnership with Crypto Value Management System, LLC (“CVMS”), a Delaware-based company that has secured an exclusive California license for a cryptocurrency exchange platform. Per the update, this platform will effectively bolster each of the companies and their ability to provide financial technology solutions to businesses operating across a number of market sectors, including the rapidly expanding cannabis industry. “Securing this JV Partnership Agreement with CVMS marks a huge milestone for MoneyTrac and our continued pursuit…

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ThursdayJan 18, 2018 12:12 pm

NetworkNewsBreaks – DOJA Cannabis Company Ltd. (CSE: DOJA) (OTC: DJACF) Signs Definitive Agreement for Tokyo Smoke Merger

Premium cannabis lifestyle brand DOJA Cannabis Company Ltd. (CSE: DOJA) (OTC: DJACF) this morning announced the signing of a definitive business combination agreement with TS Brandco Holdings Inc. (“Tokyo Smoke”), pursuant to which DOJA will acquire all of the issued and outstanding securities of Tokyo Smoke by way of a three-cornered amalgamation. Per the update, closing of the merger is expected to occur on or about January 30, 2018. Upon completion of the merger, DOJA is expected to change its name to Hiku Brands Company Ltd., creating “the first brand and retail-focused, craft cannabis producer, with a portfolio of highly…

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ThursdayJan 18, 2018 11:42 am

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Announces Commencement of Drilling at Bellellen Mine

Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning announced that it has commenced drilling at the Bellellen mine in Ontario’s Cobalt Camp. A total of 15 holes ranging from 50 to 200 meters are planned at Bellellen in order to test the relationship between the near surface disseminated style of cobalt mineralization identified in 2017 and the vein style mineralization that was traditionally mined in the Cobalt Camp. “Bellellen is the initial focus of the 2018 drill program because of the high values of cobalt as a disseminated ore texture with pyrite, which has…

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ThursdayJan 18, 2018 11:08 am

NetworkNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Subsidiary Receives Import License from Australia

ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF), through wholly-owned subsidiary ABcann Australia Pty Ltd., this morning announced that it has received an import license from the Federal Office of Drug Control in Australia. Following receipt of necessary approvals, including approval from the TSX Venture Exchange, ABcann intends to supply medicinal cannabis to the Australian market via the Australian Department of Health’s Therapeutic Goods Administration (“TGA”) Special Access Scheme. “This import license is a key milestone towards generating revenue through ABcann’s network of physicians, pharmacists and patients, and advancing the use of medical cannabis,” Barry Fishman, chief executive officer of ABcann,…

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ThursdayJan 18, 2018 10:20 am

NetworkNewsBreaks – Quantum Cobalt Corp. (CSE: QBOT) (FRA: 23B) (OTC: BRVVF) Outlines Plans for Drilling Program

Mineral exploration company Quantum Cobalt Corp. (CSE: QBOT) (FRA: 23B) (OTC: BRVVF) this morning announced that it has planned a drilling program (subject to permitting) to determine the size of a dump pile of material that was excavated during historic underground development work at the Nipissing Lorrain Mine cobalt-silver-nickel property, which is located 26 kilometers southeast of Cobalt, Ontario, the epicenter of past cobalt mining in Ontario. Per the update, the company intends to use information gathered from this program to prepare a mineral resource estimate and file a technical report on SEDAR. Quantum intends to begin permitting efforts immediately…

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ThursdayJan 18, 2018 9:53 am

NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Announces Drill Hole Assays for Case Lake

Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning reported that its joint venture partner, Power Metals Corp., has announced drill hole assays for lithium (Li) and tantalum (Ta) mineralized intervals for the main dyke at Case Lake. Significant intervals for the main dyke include PWM-17-35, which boasted 1.17 percent Li2O and 165.34 ppm Ta over eight meters, and PWM-17-40, with 2.07 percent Li2O and 213.96 ppm Ta over 18 meters. Additionally, Power Metals announced drill hole assays for the two new spodumene pegmatite dykes that were discovered down hole of the main…

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WednesdayJan 17, 2018 12:09 pm

NetworkNewsBreaks – AzurRx BioPharma, Inc. (NASDAQ: AZRX) Secures Proceeds of $2M from Exercise of Outstanding Warrants

Development stage biopharmaceutical company AzurRx BioPharma, Inc. (NASDAQ: AZRX) yesterday announced that it has received proceeds of approximately $2.04 million from the exercise of a total of 851,987 outstanding common stock purchase warrants. Per the update, the exercise transactions were negotiated with warrant holders as a means of raising additional working capital and were completed under the terms of warrant repricing agreements, copies of which were filed with the Securities and Exchange Commission on January 5, 2018. “We appreciate the support our warrant holders have shown the Company,” Thijs Spoor, president and CEO of AzurRx, stated in the news release.…

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