Breaks Categories: News

FridayDec 01, 2017 11:37 am

NetworkNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Posts Q3 Results, Operational Update

Abcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) recently released financial results for the three and nine months ended September 30, 2017. Among other highlights from the third quarter, the company reported $43.4 million in cash, cash equivalents and marketable securities which provides a strong position for expansion plans for its high-tech Vanluven facility. Abcann also reported revenues of $614,000 for the nine months ended September 30, 2017, a considerable increase compared to $211,00 during the same period in 2016. Additionally, the company provided an update on operations, including the company’s strategy moving forward. “ABcann’s vision is to create a successful…

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FridayDec 01, 2017 10:43 am

NetworkNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) Announces Stock, Option and Warrant Transactions

Lexaria Bioscience (CSE: LXX) (OTCQB: LXRP), a biosciences company that has developed delivery technologies to improve absorption of bioactive compounds, this morning announced various stock, option and warrant transactions. The news release states, “Following issuance of these common shares, Lexaria will have 69,674,919 common shares issued and outstanding. No commissions or placement fees have been paid related to the funds received from these warrants exercised. Proceeds will be used for general corporate purposes.” No shares were sold or registered in the United States. In addition, John Docherty, President of Lexaria Bioscience Corp., recently issued a clip discussing the company's technology…

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FridayDec 01, 2017 9:32 am

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Closes Strategic Merger with Cobalt One Limited

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) announced the closing of its strategic merger with Cobalt One Limited, as well as key restructuring of its Board of Directors to include Paul Matysek, Robert (Bob) Cross and Jason Bontempo. First Cobalt now is the largest land owner in the Ontario-based Cobalt Camp and owns the only cobalt refinery in North America permitted to produce battery materials. In conjunction with the transaction, President & Chief Executive Officer Trent Mell commented, “Over a very short period we have created the largest cobalt exploration company in the world, controlling almost half of what we…

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FridayDec 01, 2017 8:56 am

NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Retains Former Senator to Guide Lithium Brine Strategy in California

MGX Minerals (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning reported that the company has retained former California Senate majority leader Richard Polanco as an advisor and consultant. MGX will utilize Polanco’s experience toward leading direct negotiations with the State of California and local municipalities concerning targeted exploration locations and sites identified by the company as potential partnerships and acquisition targets. MGX intends on using the company’s patented rapid recovery process on these sites to concentrate lithium and other minerals and metals from brine. Additionally, Polanco will advise the company on local environmental solutions and support ongoing community and stakeholder…

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FridayDec 01, 2017 8:26 am

NetworkNewsBreaks — Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Acquires Equipment for Asphalt Ridge Expansion; Board Approves Option Grant

Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF) today announced the acquisition of a substantial lot of the equipment needed to expand production of its heavy oil extraction facility located at Asphalt Ridge, Utah. Petroteq purchased the equipment, worth approximately $3 million, at a reduced price of $838,000. This news follows the company’s previous announcement that it has moved equipment from its 250 bpd facility in Maeser, Utah to its lease site at Asphalt Ridge, Utah. Additionally, Petroteq’s board of directors approved an option grant of 1,425,000 stock options expiring in 10 years to certain directors at an exercise price of $2.27,…

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ThursdayNov 30, 2017 10:53 am

NetworkNewsBreaks – Marijuana Company of America, Inc. (MCOA) to Release Benihemp Convenience Brand in Partnership with HoneyB Healthy Living

Marijuana Company of America (OTC: MCOA) this morning said it has partnered with HoneyB Healthy Living to launch a convenience store-friendly product under the “BeniHemp” brand for cannabis topicals, tinctures, and edibles. "The BeniHemp model is attractive to convenience store operators, who understand the value of selling sample sized packages of CBD products that will ultimately generate online sales for monthly orders where they can generate revenues from sales they never see or have to manage. We believe this is an attractive model for small retail business owners looking for every opportunity to tap into the rapidly emerging CBD market…

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ThursdayNov 30, 2017 10:47 am

NetworkNewsBreaks – Tapinator, Inc. (TAPM) Unveils Full-featured Pipeline to Kick-off 2018

Tapinator (OTCQB: TAPM) this morning released the schedule of its Full-featured Games pipeline for the beginning of 2018. Building on the momentum from the first nine months of 2017, in which Full-featured Games grew by 255 percent, Tapinator has defined the following strategy: release updates to existing hit games that continue to optimize these products in terms of engagement and monetization; and release new games with home run and/or evergreen potential. To view the full press release and schedule, visit  http://nnw.fm/f3jSx About Tapinator Tapinator develops and publishes mobile games on the iOS, Google Play, and Amazon platforms. Tapinator’s portfolio includes…

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ThursdayNov 30, 2017 10:34 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Collaborates with PotSaver to Create Networking and Marketing Resource for Cannabis Industry

Global Payout (OTC: GOHE) this morning said its MoneyTrac Technology subsidiary is working with its PotSaver brand to launch a publication called “PotSaver Biz” to support connectivity between the varied businesses operating in the emerging cannabis industry. “One of our biggest takeaways from attending the MJBizCon was how much better the cannabis industry can be connected from a business perspective through a publication such as PotSaver Biz. This publication will provide many of these owners, who are operating virtually every type of business in the industry, from lighting equipment to security services, an effective platform to market their products and…

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ThursdayNov 30, 2017 10:21 am

NetworkNewsBreaks – Patriot One Technologies, Inc. (TSX.V: PAT) (OTCQB: PTOTF) Names New VP to Lead Go-to-Market Strategy

Patriot One Technologies, Inc. (TSX.V: PAT) (OTCQB: PTOTF) this morning announced the appointment of Franco Cerantola, PMP to the position of vice president of Product Delivery. With 31 years of experience in engineering/operations and program management for a number of relative industries, Cerantola is expected to strengthen Patriot One’s corporate growth. "We are at a very important juncture in the growth of the Company and his experience and organizational strengths will be put to full use in the coming months,” CEO Martin Cronin stated in the news release. “Now that we are moving into real-world scenarios, we are striving to…

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ThursdayNov 30, 2017 10:15 am

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Initiates Borehole Geophysical Surveys at Keeley-Frontier

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning reported the start of borehole geophysical surveys at the former producing Keeley and Frontier mines in the Ontario Cobalt Camp. Through this electromagnetic program, the company said it intends to identify a geophysical signature of cobalt mineralization intersected in recent drillholes that can be used to plan future programs. “Borehole geophysics is an important part of our exploration program to expand our understanding of vein distribution and orientation beyond what is intersected in drillholes. This is a new approach for the Cobalt Camp but one that is widely-used as a method…

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