Breaks Categories: News

MondayNov 27, 2017 9:51 am

NetworkNewsBreaks – Skinvisible Pharmaceuticals, Inc. (SKVI) Enters Non-Binding Term Sheet for Proposed Merger with Quoin Pharmaceuticals

Skinvisible Pharmaceuticals (OTCQB: SKVI) has entered into a non-binding term sheet regarding a proposed merger with Quoin Pharmaceuticals Ltd. per the company’s announcement this morning. The completion of the proposed merger is subject to the negotiation of a definitive agreement and other customary closing conditions including tax, accounting, legal, and regulatory conditions. The new company would continue trading on the OTCQB market under the name Quoin Pharmaceuticals Inc. and is expected to have a robust product portfolio addressing major unmet medical needs. Post-merger, the new company will be 72.5% owned by Quoin shareholders and Skinvisible shareholders will own 27.5%, prior…

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MondayNov 27, 2017 9:12 am

NetworkNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) Set to Present at LD Micro Main Event; Reports Warrant Exercise

Lexaria Bioscience (CSE: LXX) (OTCQB: LXRP), a biosciences company that has developed delivery technologies to improve absorption of bioactive compounds, this morning announced that it will be presenting at the upcoming 10th annual LD Micro Main Event taking place December 5-7 in Los Angeles, California. Additionally, the company is filing its annual Form 10K which includes financial statements that will be available today at the Securities and Exchange Commission's website (www.sec.gov). Lexaria also said that through the exercise of warrants and a compensation option certificate previously granted, the company has received US $118,913. The compensation option certificate was exercised at…

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MondayNov 27, 2017 8:27 am

NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Reports Completion, Findings of Fall 2017 Case Lake Lithium Drill Program

MGX Minerals (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced it has successfully completed the fall 2017 drill program at the company’s Case Lake Lithium joint venture with Power Metals Corp. (TSX.V: PWM) in Ontario. The 50 diamond drill holes span an area of 5400 meters with the majority of drill core currently being assayed. Among other highlights, the company discovered two new spodumene pegmatite dykes between the Main Dyke and the South Dyke which indicates that there is more spodumene mineralization to be found near the Main Dyke. The company intends to begin a 2000m diamond drill program…

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WednesdayNov 22, 2017 3:40 pm

NetworkNewsBreaks – EVIO, Inc. (EVIO) Obtains Expanded Accreditation to Conduct Pesticide, Residual Solvent Tests

EVIO, Inc. (OTCQB: EVIO), a national leader in providing accredited analytical testing, scientific research and advisory services to the regulated cannabis industry, today announced that it has been granted an expansion to its accreditations from the Oregon Environmental Laboratory Accreditation Program (“ORELAP”), a division of the Oregon Health Authority. The newly expanded accreditations enable EVIO Labs to offer full-scope pesticide testing at its Medford location. Additionally, EVIO received accreditation to test for residual solvent residues at its Portland location. "Bringing pesticide testing fully in-house and expanding our capability with residual solvent analysis will also allow us to substantially increase our…

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WednesdayNov 22, 2017 1:10 pm

NetworkNewsBreaks – ORHub, Inc. (ORHB) Provides Business Update; Posts Special Warrant Exercise Price

Health care software-as-a-service company ORHub, Inc. (OTC: ORHB) today provided a business update containing the company’s achievements in 2017. Among other highlights, the company has recently expanded its sources of revenue to include medical technology companies, and plans for product offerings to payors, pharmaceutical companies and government agencies. Additionally, the company said that all series of its outstanding warrants will have an immediate Special Exercise Price of $0.35 per warrant until December 31, 2017. "We believe that allowing all series of warrants to expire in accordance with their terms removes the overhang on our capital structure and enhances our capital…

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WednesdayNov 22, 2017 9:27 am

NetworkNewsBreaks – Veritas Pharma Inc.’s (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) CTL Subsidiary Inks Letter of Intent with FDI of Puerto Rico to Initiate Human Trials of CTL-X

Veritas Pharma (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) recently announced that its 80% owned subsidiary, Cannevert Therapeutics Ltd. ("CTL"), signed a letter of intent with the Fundación de Investigación (“FDI”) in San Juan, Puerto Rico, to conduct the first human study of CTL-X for the treatment of pain. The study of CTL-X, CTL’s lead cannabis strain for pain, will be conducted in two stages to assess the treatment’s analgesic effects. “We are pleased to see Cannevert’s lead strain for pain is finally heading into human trials. It’s important to us to move quickly into this next phase of providing clinical…

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WednesdayNov 22, 2017 8:27 am

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Proposed Three-Way Merger Approved by CobalTech Mining, Inc. (TSX.V: CSK) Shareholders

First Cobalt (TSX.V: FCC) (OTCQB: FTSSF) this morning announced that the company’s proposed three-way merger has been approved by shareholders of CobalTech Mining (TSX.V: CSK) with 95% of votes cast in favor. This news comes just two days after the company announced that Cobalt One Ltd. (ASX: CO1) shareholders also approved the merger. “We now have approval from CobalTech and Cobalt One shareholders to finalize the three-way merger and we look forward to closing both transaction over the next 2 weeks. First Cobalt now controls approximately 45% of the prospective land in the Cobalt Camp. This historic mining camp has…

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TuesdayNov 21, 2017 9:47 am

NetworkNewsBreaks – First Cobalt Corp.’s (TSX.V: FCC) (OTCQB: FTSSF) Prospecting Program at Caswell Mine Discovers 9.4% Cobalt Sample

Cobalt exploration and development company, First Cobalt (TSX.V: FCC) (OTCQB: FTSSF), this morning reported several high grade cobalt outcrop and muckpile samples from the Caswell mine in the Cobalt Camp. The high grade mineralization at surface in the Cobalt Central area of the Cobalt Camp in Ontario, Canada was identified by a prospecting program of samples showing 9.44% cobalt, 1.27% copper and 2.92% nickel. Additionally, grab samples at the former Caswell mine confirmed high grade cobalt at surface and at shallow depths, including cobalt grades of 4.8%, 6.1% and 1.1%  "In just six months of exploration activity in the Cobalt…

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TuesdayNov 21, 2017 9:15 am

NetworkNewsBreaks – Global Payout, Inc.’s (GOHE) MTRAC Subsidiary Establishes Industry Connections at MJBizCon

Global Payout (OTC: GOHE) today announced that its majority owned MoneyTrac Technology, Inc. (“MTRAC”) subsidiary successfully established a presence at the 2017 Marijuana Business Convention ("MJBizCon") in Las Vegas, Nevada. MTRAC chief operating officer, Vanessa Luna and PotSaver founder, Aaron Adler represented the company at the convention. While in Las Vegas, MTRAC took meetings with key collaborators engaged in implementing compliance features that will be required to operate a successful banking solution for the cannabis industry. "I am impressed by the tremendous amount of interest our brands are generating amongst some of the most important individuals in the cannabis industry.…

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TuesdayNov 21, 2017 8:37 am

NetworkNewsBreaks – PotNetwork Holding, Inc. (POTN) CEO Dr. Richard Goulding to Discuss Recent Achievements, Corporate Outlook on R.P. Summit Business Hour

PotNetwork Holding (OTC: POTN) this morning announced that the company’s CEO Dr. Richard Goulding will discuss PotNetwork’s recent achievements and future outlook on national radio and web broadcast “THE SHOW.” Dr. Goulding will be interviewed by Mick Bazsuly on R.P. Summit Business Hour regarding recent developments and the company’s corporate vision for 2018. To hear the interview in its entirety, visit www.amp2.tv. To view the full press release, visit http://nnw.fm/gC7jB About PotNetwork Holding, Inc. PotNetwork Holding, Inc. (OTC Pink: POTN) is a publicly traded company that acts as a holding company for its subsidiaries, First Capital Venture Co., the owner of…

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