Breaks Categories: News

WednesdayMay 22, 2019 11:45 am

NetworkNewsBreaks – JinkoSolar Holding Co., Ltd. (NYSE: JKS) Closes $74.8M Follow-On

JinkoSolar Holding (NYSE: JKS), one of the world’s largest and most innovative solar module manufacturers, has closed a follow-on offering of 4,671,875 American depositary shares ("ADS"), including 609,375 additional shares per the full exercise of the over-allotment option. The offering resulted in gross proceeds to JinkoSolar of approximately $74.8 million, with each ADS representing four ordinary shares, sold at $16.00 per ADS. The company intends to use the proceeds for general corporate purposes, including capital expenditures for capacity expansion and upgrade, as well as working capital. ROTH Capital Partners acted as co-manager for the offering. To view the full press…

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WednesdayMay 22, 2019 11:09 am

NetworkNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Grants Deferred Share Units Under Equity Incentive Plan; Enters Advisory Agreement with Authentic Retail Concepts

Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today announced the grant of an aggregate of 212,636 deferred share units ("DSUs") to certain of its non-executive directors as a compensation for services to the company under its equity incentive plan. Upon vesting, with all to vest as of the date of award, each DSU will carry the right to receive one common share of the company. In addition, the company has entered into an arm's length advisory services agreement with Authentic Retail Concepts, Ltd. ("ARC"). Under the agreement, ARC will perform a variety of ongoing consulting services related…

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WednesdayMay 22, 2019 10:59 am

NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Announces Completion of QuadSight Demos for Leading OEMs, Tier One Suppliers

Automotive technology innovator Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced its successful completion of a series of technological demonstrations of its QuadSight vision system in France. Per the update, the demonstrations for four leading vehicle manufacturers (“OEMs”) and Tier One suppliers follow a successful technological roadshow in Japan with six additional OEMs and Tier One suppliers, several expressing interest in purchasing the QuadSight prototype system for further evaluation. “I am fully confident in the strength of our product and the growth potential of our company,” Foresight CEO Haim Siboni said in the news release. “In recent months,…

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WednesdayMay 22, 2019 10:13 am

NetworkNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Adds New Products to Medical Cannabis Platform; Announces Planned Release of Q1 2019 Results & Change of AGM Venue

VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF), through its wholly-owned subsidiary, Canna Farms Limited, this morning announced that it has added GTEC Holdings Ltd. (TSX.V: GTEC) (OTCQB: GGTTF) (FRA: 1BUP), sold under the GreenTec(TM) brand, to the licensed producers selling product on its medical cannabis platform. According to the update, the addition to Canna Farm’s recently launched medical cannabis website, now the largest on-line platform for medical cannabis users across Canada, expands the variety of quality products available to medical patients. “Supplying the medical market with high quality standardized cannabis has always been a primary focus for VIVO,” Barry Fishman, CEO…

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WednesdayMay 22, 2019 10:01 am

NetworkNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Inks Exclusive Distribution Agreement for South Africa

Wildflower Brands (CSE: SUN) (OTCQB: WLDFF) this morning announced the signing of an exclusive distribution agreement for the South African market with Africann, a local company specializing in the distribution of best-of-breed North American hemp products. Presently, Africann distributes to all the top pharmacy, health and wellness chains and independent pharmacy groups in South Africa. “More and more distributors are approaching us from all over the world to distribute Wildflower products. The consistent trend is that they are looking at the U.S. market to find CBD products to test and see what brands would fit the broadest consumer market. As…

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WednesdayMay 22, 2019 9:20 am

NetworkNewsBreaks – Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) Schedules Release of Q1 2019 Financial Results, Conference Call

Siyata Mobile (TSX.V: SIM) (OTCQX: SYATF), a leading global developer and provider of cellular communications solutions, on Tuesday announced that it will be releasing its first quarter 2019 financial results on May 23, 2019. In addition, the company will be hosting a conference call to discuss the results on May 24, 2019 at 9:00 AM ET. To join the call, dial 1-866-521-4909 for the North American toll-free line or 1-647-427-2311 for the international line. A replay of the conference call will be available in MP3 format by contacting Arlen Hansen at 1-866-684-6730 or through email at [email protected]. To view the…

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TuesdayMay 21, 2019 1:21 pm

NetworkNewsBreaks – Canopy Rivers Inc.’s (TSX.V: RIV) (OTC: CNPOF) Agripharm Corp. Awarded Outdoor Cultivation License

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) today announced that its portfolio company, Agripharm Corp., has received its outdoor cultivation license from Health Canada. According to the update, Agripharm will use award-winning genetics to grow its first outdoor crop this summer at its Creemore, Ontario location. “We are pleased to see Agripharm diversify its operations and increase its growing capacity with the grant of this outdoor cultivation license,” Canopy Rivers COO Oliver Dufourmantelle said in the news release. “Agripharm's outdoor production is ahead of the curve with support from Green House Brands, which provides decades of experience in choosing, and successfully…

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TuesdayMay 21, 2019 1:11 pm

NetworkNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Executes LOI to Acquire Premier Indoor Cultivator Business and Assets

TransCanna Holdings (CSE: TCAN) (FSE: TH8) this morning announced its execution of a non-binding letter of intent ("LOI"), dated May 17, 2019, with Lyfted Farms, Inc. of Modesto, California. Under the agreement, TransCanna will acquire the business and assets of Lyfted, a state licensed producer of high quality indoor grown cannabis with three permanent state licenses for cultivation (nursery and grow) and distribution. “Being a premier cultivator, we thrive on new, cutting edge processes to generate superior results,” Lyfted Farms President Bob Blink stated in the news release. “We're extremely excited about joining forces with the team at TransCanna.” To…

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TuesdayMay 21, 2019 12:22 pm

NetworkNewsBreaks – QMC Quantum Minerals Corp. (TSX.V: QMC) (OTC: QMCQF) (FSE: 3LQ) Reports Re-Assay Results of TANCO Core

British Columbia-based company QMC Quantum Minerals (TSX.V: QMC) (OTC: QMCQF) (FSE: 3LQ) this morning announced its receipt of the assay results of the 1978 core derived from Tantalum Mining Corporation of Canada’s (“TANCO”) drill program on the Mapetre and Central Dikes. Per the update, QMC is very pleased with the overall results that confirm continuation to depth of the spodumene mineralization previously identified by the company’s surface sampling. Based on the re-assay of the TANCO core, the best Mapetre Dike intersection that QMC received was 0.32% Li2O over 16.61 meters, including 0.52% Li2O over 8.69 meters. The best intersection from…

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TuesdayMay 21, 2019 12:13 pm

NetworkNewsBreaks – Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Engages Cutfield Freeman to Negotiate, Structure Funding for Shymanivske Project

Canadian iron ore exploration and development company Black Iron (TSX: BKI) (OTC: BKIRF) (GR: BIN) this morning announced its appointment of Cutfield Freeman & Co Ltd as its international financial advisor to negotiate and structure funding for construction of its Shymanivske iron ore project. “Black Iron selected Cutfield Freeman after a comprehensive process undertaken by the company given their extensive experience in securing construction financing for junior mining companies and global reach,” Black Iron CEO Matt Simpson said in the news release. “Having very experienced mine finance Managing Directors located in Europe and Asia, where project financing is most likely…

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