Breaks Categories: News

WednesdayJul 21, 2021 1:15 pm

NetworkNewsBreaks – DSG Global Inc.’s (DSGT) IMC Featured in ‘Plugged In’ Podcast

DSG Global’s (OTCQB: DSGT) subsidiary Imperium Motor Company (“IMC”) was featured in this week’s episode of the “Plugged In Podcast: Importing Electrification.” Imperium Motors Canada president Christian Dubois joined the program’s host, Andrew McCredie, to discuss an all-electric sport utility vehicle (“SUV”) — Imperium ET5 — that the company will be offering in the fall, as well as the potential and challenges of importing an unknown entity into the country. “The ET5 is a mid-sized to compact-sized sport utility,” said Dubois of the first passenger vehicle the company plans to bring into Canada. “The level of equipment is far above…

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WednesdayJul 21, 2021 1:06 pm

NetworkNewsBreaks – Torchlight Energy Resources Inc. (NASDAQ: TRCH) Closes $1.9 Billion Merger with Meta Materials Inc. (NASDAQ: MMAT)

Torchlight Energy Resources (NASDAQ: TRCH), an oil and gas exploration company based in Plano, Texas, has closed on its previously announced business combination with Meta Materials Inc. As a result, after market close today, Torchlight's name will be changed to Meta Materials Inc. In addition, the company’s common stock will begin trading on NASDAQ under the ticker symbol MMAT. According to the previous announcement, prior to the implementation of the reverse stock split, Meta Materials (NASDAQ: MMAT) shareholders were expected to receive 3.690 shares of Torchlight common stock in exchange for each of their shares of Metamaterial Inc., resulting in…

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WednesdayJul 21, 2021 12:18 pm

NetworkNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Closes Books on Defining, Momentous Year of Material Growth

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today announced the filing of its 2020 unaudited financial performance data. According to the update, the company closed the books on a momentous year of material growth that featured strong expansion in business activity, as well as robust gains in both top- and bottom-line metrics. “2020 was a defining year for NUGS, as we pushed into a higher gear in terms of commercial activity and market positioning despite the unusual challenges of the global pandemic health crisis,” said Simon Yu, CEO of Cannabis Strategic Ventures. “We were…

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WednesdayJul 21, 2021 12:10 pm

NetworkNewsBreaks – Asia Broadband Inc. (AABB) Provides Update on Mining Properties, Facilities

Asia Broadband (OTC: AABB),a resource company focused on the production, supply and sale of precious and base metals primarily to Asian markets, released an update on its mining properties and facilities. AABB is focusing its efforts in parts of Mexico where the company has a comparative advantage of development resources and expertise readily available, enabling the rapid expansion and duplication of previous gold production success. The company observed that in 2020 it had explored a property diversification initiative and pursued several potential development projects, including a gold property in Colombia and a lithium property in Mexico; the company has determined that…

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WednesdayJul 21, 2021 11:24 am

NetworkNewsBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Commences Trading on OTCQB(R) Venture Marketplace

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a Canadian-based growth stage company committed to providing commercially viable and sustainable energy solutions, announced that it has been approved to trade its common shares on the OTCQB(R) Venture Marketplace under the symbol NHHHF, effective today. “Trading our shares on the OTCQB Venture is an important milestone for FuelPositive because it increases our investor audience significantly, providing us with greater visibility and liquidity,” said Ian Clifford, FuelPositive CEO. “We believe the exciting promise of our carbon-free ammonia (‘NH3’) and its role in significantly reducing greenhouse gases across multiple sectors will resonate with institutional and retail…

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WednesdayJul 21, 2021 11:06 am

NetworkNewsBreaks – Pressure BioSciences Inc. (PBIO) Establishes New Subsidiary, Provides Update on Anticipated Acquisition

Pressure BioSciences (OTCQB: PBIO) has established a wholly owned agrochemicals subsidiary; the subsidiary will be named PBI Agrochem Inc. and is designed to house the announced asset acquisition from Global Agrochemicals Innovator. PBIO previously announced the acquisition of Global Agrochemicals Innovator, a global developer and supplier of environmentally responsible and organically natural agrochemicals, and anticipates completing that transaction in the coming weeks. In addition, PBIO announced that it has purchased specialized, proprietary material worth more than $500,000 to be used to fulfill initial demand for its ecofriendly, agrochemical pest control and growth stimulant products. "We have developed a very aggressive…

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WednesdayJul 21, 2021 11:02 am

NetworkNewsBreaks – Lexaria Bioscience Corp.’s (NASDAQ: LEXX) DehydraTECH(TM) Demonstrates Significantly Enhanced Delivery of Colchicine

Lexaria Bioscience Corp. (NASDAQ: LEXX, LEXXW), a global innovator in drug delivery platforms, today announced that its tolerability and pharmacokinetic study VIRAL-A20-3 has been completed with positive results. According to the update, the study demonstrated that DehydraTECH(TM)-enabled colchicine, the latest of several drugs Lexaria has successfully tested with known SARS-CoV-2 antiviral properties, benefited from the company’s proprietary formulation and processing, resulting in significantly increased delivery. The study also examined absorption with two other antiviral drugs previously untested by Lexaria; however, the bloodstream delivery findings were unremarkable and further work is required should the company decide to pursue additional testing with…

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WednesdayJul 21, 2021 10:24 am

NetworkNewsBreaks – Tryp Therapeutics Inc. (CSE: TRYP) (OTCQB: TRYPF), University of Michigan to Collaborate in Phase 2a Clinical Trial for Fibromyalgia

Tryp Therapeutics (CSE: TRYP) (OTCQB: TRYPF), a pharmaceutical company focused on developing psilocybin-based compounds for diseases with unmet medical needs through accelerated regulatory pathways, today announced its plans to conduct a phase 2a clinical trial with the Chronic Pain & Fatigue Research Center in the Department of Anesthesiology at the University of Michigan Medical School. According to the update, the open-label trial will evaluate the efficacy of TRYP-8802, an oral formulation of synthetic psilocybin, in tandem with psychotherapy for treating fibromyalgia. The treatment is designed to leverage the neuroplasticity benefits of psilocybin to target nociplastic pain originating in the central…

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WednesdayJul 21, 2021 9:43 am

NetworkNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Announces Historically High Productivity Rates for Platosa Mine

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) today announced second quarter 2021 production results from the Platosa Mine in Durango, Mexico. Among the highlights, the company reported silver equivalent (“AgEq”) production of 487,009 oz. In addition, Platosa achieved its fourth consecutive quarter of over 21,000 tonnes mined and milled, with record tonnes mined (86,316) and milled (88,648) over the trailing twelve months. “Platosa delivered a fourth consecutive quarter of production at historically high productivity rates,” said Brendan Cahill, president and CEO of Excellon Resources. “We continue to see room for improvement, with our ongoing work to improve recoveries at…

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TuesdayJul 20, 2021 2:54 pm

NetworkNewsBreaks – Kaival Brands Innovations Group Inc. (KAVL) Announces Issuance of New US Patents

Kaival Brands (OTCQB: KAVL) is the exclusive global distributor of products manufactured by Bidi Vapor LLC, including the BIDI (R) Stick disposable electronic nicotine delivery system (“ENDS”), which is intended exclusively for adults 21 and over. Today the company announced that the United States Patent and Trademark Office (“USPTO”) has issued two additional U.S. patents to Bidi(R) Vapor: patent numbers 11,064,735 and 11,064,736. In addition, patent numbers 11,013,261 and 10,932,491, which were previously pending, have also been granted. “These newly issued patents add valuable coverage to our growing patent portfolio and in our opinion represent the future of the electronic…

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