Breaks Categories: News

WednesdayJun 13, 2018 9:30 am

NetworkNewsBreaks – Lithium Chile Inc. (TSX.V: LITH) (OTC: LTMCF) Enters MOU with Prosper One International Holdings Co. Ltd.

Lithium Chile (TSX.V: LITH) (OTC: LTMCF) this morning announced that it has entered into a memorandum of understanding ("MOU") with Prosper One International Holdings Company Limited, a Hong Kong Stock Exchange listed company. Among other highlights of the MOU, the two companies will enter into a Joint Venture (“JV”) agreement in which Prosper One may earn a 55% interest in Lithium Chile's Pintadas Norte project in Chile by incurring $3,000,000 of staged exploration costs on or before December 31, 2021. Prosper One is also required to make a $1,000,000 equity investment in Lithium Chile at a minimum price of $1.00…

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TuesdayJun 12, 2018 2:40 pm

NetworkNewsBreaks – Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) Applauds Passing of Bill C-45

Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) recently commented on the Canadian Senate's historic vote in favor of Bill C-45, which governs the legalization of adult consumer use of cannabis. “We applaud the government's intelligent and rational public policy, initiating wholesale legislative changes - focused on clearly defined objectives - to reduce the negative impact of prohibition, while establishing a well-regulated system designed to protect public health and public safety. We must also salute and congratulate the advocates, the activists and the passionate who for decades, and often at great personal risk, spoke up, sat in, appealed laws, wrote new…

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TuesdayJun 12, 2018 2:35 pm

NetworkNewsBreaks – VirTra, Inc. (NASDAQ: VTSI) to Join Russell Microcap® Index

VirTra (NASDAQ: VTSI), a global provider of simulators for the law enforcement, military, educational and commercial markets, is set to join the Russell Microcap® Index at the end of the Russell US Indexes annual reconstitution. Per the preliminary list of additions posted June 8, VirTra’s one-year membership will become effective after the US market opens on June 25. FTSE Russell selects companies for membership based mainly by objective, market-capitalization rankings and style attributes. Additionally, VirTra’s membership will provide the company with automatic inclusion in applicable growth and value style indexes. To view the full press release, visit http://nnw.fm/w8nHk About VirTra…

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TuesdayJun 12, 2018 11:44 am

NetworkNewsBreaks – Kush Bottles, Inc. (KSHB) Prices Registered Direct Offering

Kush Bottles (OTCQB: KSHB) recently announced that it has entered into definitive agreements with investors for the purchase and sale of 7,500,000 shares of common stock, par value $0.001 per share, and warrants to purchase up to 3,750,000 shares of common stock at a combined offering price of $4.80 per share, pursuant to a registered direct offering. The warrants, which will be immediately exercisable, will have an exercise price of $5.28 per share and will expire five years from the date of issuance. Prior to deducting placement agent fees and other estimated offering expenses, the gross proceeds of the offering…

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TuesdayJun 12, 2018 11:32 am

NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Netevia Platform Launches Smart Vendor Payments Solution

Global technology and value-added solutions group Net Element, Inc. (NASDAQ: NETE) this morning announced that its Netevia platform will now include a smart solution for permitting secure vendor payments. The platform solution enables safe, electronically delivered payments using a secure single-use dynamic credit card number. The payments can only be processed by the designated vendor for an exact amount, and have added controls for enhanced flexibility and security. The platform also works with existing accounting systems without requiring a complex setup or integration and offers 24/7 customer support via phone, email or live chat. “We are excited to enable this…

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TuesdayJun 12, 2018 10:30 am

NetworkNewsBreaks – Pressure BioSciences Inc. (PBIO) Announces Conversion of Additional $7.24M of Debt into Equity

Global life sciences company Pressure BioSciences Inc. (OTCQB: PBIO) this morning announced the conversion of an additional $7.24 million of debt into equity, bringing the total amount of debt that has converted into equity over the past four weeks to $13.6 million. “With today's announced conversion of an additional $7.24M of debt to equity, total loan debt has been reduced from approximately $16.6M to approximately $3.0M, which is a level we believe the Company can manage,” Joseph L. Damasio, VP of finance and CFO of PBIO, stated in the news release. “We are continuing to discuss the Company's progress with…

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TuesdayJun 12, 2018 9:39 am

NetworkNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Subsidiary Enters Extraction Contract with Cali Gold

Vertically integrated cannabis company Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) this morning announced that wholly owned subsidiary CP Logistics, LLC, through its Sun-Oil Facility, has secured an additional contract with Cali Gold, a leading and legacy California cannabis brand. Per the terms of the agreement, the Sun-Oil Facility will provide Cali Gold with high quality, ultra-purified manufactured distilled oil products to be utilized within vaporization cartridges. The agreement has an initial term of 12 months and can be renewed for an additional 12 months, at the request of Cali Gold, following expiry of the initial term. “We are very excited…

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TuesdayJun 12, 2018 9:36 am

NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Receives First QuadSight™ Prototype Order

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced that it has made the first sale of a prototype of its breakthrough QuadSight™ quad-camera vision system targeted for the semi-autonomous and autonomous vehicle market. The first system was ordered by the truck division of a large European vehicle manufacturer to assess the system and its performance on the manufacturer’s trucks. The transaction will provide the company with imperative customer feedback as well as an expected revenue of tens of thousands of dollars. The company plans to utilize customer response from all prototype orders to develop a deeper understanding of…

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MondayJun 11, 2018 9:28 am

NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) Subsidiary Obtains Health Canada Cultivation License for Breeding Facility

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) this morning announced that Medican Organic Inc., the company’s wholly-owned subsidiary, has received its Cultivation License from Health Canada for the company’s breeding facility in Salaberry-de-Valleyfield, Quebec (“Valleyfield”). The facility will enable TGOD to create proprietary, organically grown strains of cannabis and cannabis seeds. “TGOD’s focus on R&D in the area of breeding and plant genetics will further position the Company as a global industry leader. This technology will enable the Company to produce its own high quality organic cannabis seeds and starting material, which…

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MondayJun 11, 2018 9:27 am

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) Details $9M Work Program for Newly-Acquired Iron Creek Project

Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) this morning announced a $9 million work program for its Iron Creek Project in Idaho, which it acquired on June 4, 2018. Per the update, the company intends to publish a mineral resource estimate by October 2018 and complete an additional 30,000 meters of drilling designed to double the mineralized zone along strike beyond the area drilled in 2017. “First Cobalt acquired US Cobalt because we believe that Iron Creek is one of the most prospective and advanced projects in North America. With a historic resource estimate, patented…

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