Breaks Categories: News

WednesdayDec 20, 2017 9:32 am

NetworkNewsBreaks – Victory Square Technologies Inc. (CSE: VST) (OTC: VSQTF) (FRANKFURT: 6F6) (WKN: A2AKL8) to Acquire Stake in Multapplied Networks Inc.

Blockchain technology-focused venture builder Victory Square Technologies Inc. (CSE: VST) (OTC: VSQTF) (FRANKFURT: 6F6) (WKN: A2AKL8) this morning announced its entry into a letter of intent to acquire 20 percent of Multapplied Networks Inc. (“MNI”), an enterprise software defined wide area networking (SD-WAN) company. Per the update, the acquisition is expected to be completed in exchange for cash and other considerations to be determined upon execution of a definitive agreement. “This acquisition exemplifies Victory Square’s mandate to continue investing in companies with game-changing potential that are redefining the industries in which they operate,” Shafin Diamond, CEO of Victory Square, stated…

Continue Reading

TuesdayDec 19, 2017 10:14 am

NetworkNewsBreaks – PotNetwork Holding, Inc. (POTN) Subsidiary Reports Revenues in Excess of $1.6M for November

PotNetwork Holding, Inc. (OTC: POTN), through wholly-owned subsidiary Diamond CBD, Inc., this morning reported revenues exceeding $1.6 million for the month of November. As noted in the news release, the company’s management team now enters the final stretch of 2017 having developed a “strong and consistent trend for solid growth” by bolstering the popularity of Diamond CBD’s products and capturing the attention of celebrities and distinguished media sources nationwide. Demonstrating this growing trend, this morning’s update follows PotNetwork’s recent inclusion in an article (http://nnw.fm/8uGSm) published by The Huffington Post. Titled ‘Five Corporations Leading the Way on CBD Industry Revolution’, the…

Continue Reading

TuesdayDec 19, 2017 9:24 am

NetworkNewsBreaks – Petrogress, Inc. (PGAS) Subsidiary Enters Joint Venture MOU with EDT Agency Services

Diversified marine transport and offshore services company Petrogress, Inc. (OTC: PGAS), through subsidiary Petrogress Int’l, LLC (“PIL”), this morning announced its entry into a Memorandum of Understanding (“MOU”) with EDT Agency Services, Ltd. to combine the companies’ operations at the Port of Limassol, as well as future developments at Vassiliko Energy Port, where the Cyprus Port Authority has announced plans for the construction of a $300 million industrial and energy harbor. Per the update, the MOU calls for a 50/50 partnership between EDT and PIL, operating under PIL’s PG Cypyard & Offshore Terminal Services Ltd., with the goal of providing…

Continue Reading

MondayDec 18, 2017 12:05 pm

NetworkNewsBreaks – InMed Pharmaceuticals, Inc. (CSE: IN) (OTCQB: IMLFF) Added to Horizons Marijuana Life Sciences Index ETF

Horizons ETFs Management (Canada) Inc. recently announced completion of its quarterly rebalance of the constituent holdings of the Horizons Marijuana Life Sciences Index ETF (“HMMJ”). Pre-clinical stage biopharmaceutical company InMed Pharmaceuticals, Inc. (CSE: IN) (OTCQB: IMLFF) is one of 11 new holdings that have been added to HMMJ’s portfolio, which is the world’s first ETF offering direct exposure to North American-listed securities involved with marijuana bioengineering and production. “Cannabis has been one of the newest and fastest-growing asset classes of 2017, presently valued at approximately $23 billion,” Steve Hawkins, president and CEO of Horizons ETFs, stated in a news release.…

Continue Reading

MondayDec 18, 2017 10:35 am

NetworkNewsBreaks – India Globalization Capital, Inc. (NYSE: IGC) Adjourns Voting for Proposals Three and Four from Annual Meeting of Shareholders

India Globalization Capital, Inc. (NYSE American: IGC), a developer of cannabis-based therapies to treat a variety of life-altering conditions, this morning announced that it has adjourned the voting for proposals three and four from its notice of annual meeting of shareholders, dated October 5, 2017. Proposal three seeks approval for the grant of 1.9 million shares of common stock, to be granted from time to time to the company’s current and new employees, advisors, directors and consultants by the board of directors. Proposal four seeks approval for the issuance of up to two million shares of the company’s common stock…

Continue Reading

MondayDec 18, 2017 9:50 am

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Updates Shareholders on “Significant Progress” at Asphalt Ridge Facility

Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF), a company focused on the development and implementation of environmentally friendly heavy oil processing and extraction technologies, this morning announced that it has made significant progress at its heavy oil extraction facility located in Asphalt Ridge, Utah. Per the update, the company has received the Uintah County building permit required for the construction of the facility, and it has already completed the required foundation work. These milestones follow the company’s recent completion of an analysis of the end product of its clean oil extraction process, which indicated a high range of diesel organics…

Continue Reading

MondayDec 18, 2017 9:18 am

NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Announces Commencement of Development Activity at Silicon Projects

Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced that development activity, including both exploration design and permitting, has commenced at its Kootenay and Wonah Silicon Projects located near Canal Flats, British Columbia. Per the update, archaeological and environmental assessment are both expected to commence shortly. On the heels of the company’s entry into a definitive agreement to acquire ZincNyx Energy Solutions, Inc., as originally announced last week, MGX intends to prioritize evaluation and development of these projects for silicon metal potential in order to further expand into the low cost energy…

Continue Reading

FridayDec 15, 2017 9:55 am

NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Advances Paradox Basin 110,000 Acre Petrolithium Project

MGX Minerals (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning reported preparations for advancement of a detailed 3D seismic survey of its Utah Petrolithium project. The project is located in Paradox Basin, Utah next to the Lisbon Valley oilfield, and the survey scope includes approximately 9,000 source points to model subsurface geological formations and structures favorable for oil and gas accumulations and lithium brine formations. Historically, the project has shown brine content to 730 ppm lithium (Superior Oil 88-21P) and past oil production exceeding 50 million barrels. The company’s cumulative project land position is comprised of more than 110,000 acres…

Continue Reading

FridayDec 15, 2017 9:44 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Featured in On-Location Segment with MoneyTV

SinglePoint (OTC: SING) today announced the convergence of cryptocurrency and cannabis this week on MoneyTV with Donald Baillargeon. MoneyTV, on location with SING for the 1,000th episode, is the internationally syndicated television program featuring engaging interviews with various company CEOs providing respective operations insights and outlooks. Featured segments on this week's program include discussion with SING CEO Greg Lambrecht on 2017 milestone achievements and the company’s new cryptocurrency app that will leverage acceptance of electronic bitcoin payments to cannabis dispensaries. Also featured was SING President Wil Ralston who discussed the development of the company's bitcoin cannabis payments app. To view…

Continue Reading

FridayDec 15, 2017 9:24 am

NetworkNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) Launches New Research Programs

Lexaria Bioscience (CSE: LXX) (OTCQB: LXRP) this morning said it is engaging in a new topical skin cream research and development ("R&D") program; R&D regarding nicotine edibles; and provided an update on existing R&D programs. The company has developed topical cream products for the delivery of cannabinoids as an addition to its DehydraTECH™ technology. Laboratory testing for human skin absorption and penetration characteristics are scheduled for early 2018 for various formulations. Following its recent nicotine patent grant, Lexaria is advancing its research focus on edible forms of nicotine that could utilize the company’s DehydraTECH™ technology. Additionally, Lexaria plans to further…

Continue Reading