Breaks Categories: News

TuesdayApr 27, 2021 10:18 am

NetworkNewsBreaks – First Energy Metals Ltd. (CSE: FE) Announces Assay Results from Augustus Lithium Property Sampling Program

First Energy Metals (CSE: FE) has released results from its channel sampling program at its Augustus Lithium property in Quebec. The announcement noted that the channel samples at the Beluga Pegmatite of the Canadian Lithium Prospect cut a 32-meter-wide section with an average of 0.74% lithium oxide (Li2O). The company observed that the sampling results included 14 meters of spodumene pegmatite with 1.61 percent lithium oxide. In addition, results indicated that iron content in the samples is less than 1% with anomalous values of other rare elements, including niobium and tantalum. Ground exploration work has been ongoing since February as the company is…

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TuesdayApr 27, 2021 9:40 am

NetworkNewsBreaks – Pressure BioSciences Inc. (PBIO) Executes LOI to Acquire Global Eco-Friendly Agrochemical Supplier

Pressure BioSciences (OTCQB: PBIO), a leader in the development and sale of broadly enabling, pressure-based instruments, consumables, and platform technology solutions to the worldwide biotechnology, biotherapeutics, nutraceuticals, cosmetics, agriculture, and food & beverage industries, has signed a letter of intent (“LOI”) to purchase to purchase the assets of an internationally based developer and supplier of organically natural, eco-friendly agrochemicals. The company noted that the acquisition enables PBIO to enter the agrochemical market with alternatives to synthetic pesticides and fertilizers. The acquisition is expected to be complete in four weeks as PBIO anticipates initiating announcements regarding the acquired assets, global distributorship…

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MondayApr 26, 2021 3:19 pm

NetworkNewsBreaks – RYAH Group Inc. Closes Reverse Takeover with Potbotics

RYAH Group today announced the closing of its reverse takeover transaction with Potbotics Inc. According to the update, the transaction was effected by way of a triangular merger between RYAH Group, Potbotics and a wholly-owned, Florida subsidiary of the company pursuant to the laws of the state of Florida. The combined public company resulting from the transaction will carry on the business of Potbotics, engaged in the development and commercialization of various innovative technology solutions (both software and hardware) for the plant-based medical industry. On April 1, 2021, the company received conditional approval to list its subordinate voting shares on…

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MondayApr 26, 2021 2:24 pm

NetworkNewsBreaks – InnerScope Hearing Technologies Inc. (INND) Announces LOI to Launch a Subscription-Based App

InnerScope Hearing Technologies (OTC: INND), an emerging and disruptive leader in the direct-to-consumer hearing device and hearing health technology space, has signed a letter of intent (“LOI”) with Audio Cardio Inc., dba AudioCardio(TM). The agreement provides InnerScope with a worldwide license, except for Japan, Korea and China, for full commercial rights to develop, market and sell an InnerScope-branded, subscription-based mobile app utilizing AudioCardio proprietary software. The software includes the  clinically proven Threshold Sound Conditioning technology. The proposed transaction outlined in the agreement provides for both InnerScope and AudioCardio to achieve greater market penetration by focusing on enhancing the visibility and awareness…

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MondayApr 26, 2021 1:55 pm

NetworkNewsBreaks – PsyBio Therapeutics Corp. (TSXV: PSYB) Expands Collaboration with Miami University to Expedite FDA IND Submission

PsyBio (TSXV: PSYB), a biotechnology company pioneering the next generation of targeted psychoactive medications, today announced that it has amended its master sponsored agreement with Miami University based in Oxford, Ohio. The amended agreement extends and expands the research efforts of the laboratory of Dr. J. Andrew Jones in the Department of Chemical, Paper and Biomedical Engineering (the "Jones Lab") to include additional research efforts of the laboratory of Dr. Matthew McMurray in the Department of Psychology (the "McMurray Lab"), and to provide an additional US$1.5 million in funding until May 2023 to Miami University to support all such research.…

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MondayApr 26, 2021 12:42 pm

NetworkNewsBreaks – PowerBand Solutions Inc. (TSXV: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Advancing Strategy to Position DRIVRZ(TM) in Automotive Retail

PowerBand Solutions (TSXV: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA), a comprehensive e-commerce solution transforming the online experience to sell, trade, lease, and finance vehicles, today announced its intent to accept loan originations on its Drivrz Financial platform, the Intellacar platform as well as the DrivrzXchange, a revolutionary retail platform. With this move, PowerBand is advancing its strategy to position the DRIVRZ(TM) platform to become the leader in the future of EV and combustion vehicle retail. "This is just one of many more steps PowerBand will be taking towards making the DRIVRZ(TM) platform a global leader in automotive retail. By streamlining the…

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MondayApr 26, 2021 12:16 pm

NetworkNewsBreaks – Hunter Technology Corp. (TSX.V: HOC) (OTCQB: HOILF) (WKN: A2QEYH) (FSE: RWPM) Announces Director Resignation, Appoints Board Member

Hunter Technology (TSX.V: HOC) (OTCQB: HOILF) (WKN: A2QEYH) (FSE: RWPM)  company director Andrew Hromyk has resigned from his position. Hunter announced  Hromyk’s resignation, noting that as CEO of Hunter Technology’s predecessor business, Hunter Oil Corp., Hromyk drove the reorganization of the company’s Permian oil and gas assets from 2015 through to monetization in 2018. At that time, Hunter disposed of its oil and gas assets for approximately $43 million, including cash and assumed liabilities. The announcement also noted that Hromyk was instrumental in restoring the company’s capital structure, raising more than $5 million in working capital that was used to…

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MondayApr 26, 2021 11:41 am

NetworkNewsBreaks – PlantX Life Inc. (CSE: VEGA) (OTCQB: PLTXF) (Frankfurt: WNT1) Announces Planned Product Launch to Hudson’s Bay Marketplace

PlantX Life Inc. (CSE: VEGA) (OTCQB: PLTXF) (Frankfurt: WNT1) today announced its entry into an agreement to launch over 2,000 products on Hudson's Bay Marketplace (www.TheBay.com), which reaches millions of Canadians each year. The PlantX offerings to be launched will include plant-based pantry items, cosmetics and indoor houseplants that will be delivered to customers throughout Canada. PlantX will maintain responsibility for inventory, shipping and customer service management for all of its items sold through the platform, with the ability to take full advantage of Hudson's Bay's targeted digital marketing opportunities. "We are thrilled to start expanding our business efforts alongside…

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MondayApr 26, 2021 11:30 am

NetworkNewsBreaks – GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) Announces Results of Phase I Drilling at Rio Loa

GoldHaven Resources (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS), a Canada-based company engaged in the business of acquiring and exploring mineral resource properties, today announced the results of the recently completed Phase 1, five-hole (1,793 meters) reverse circulation ("RC") drill program at Rio Loa. The program was designed to test a series of geochemically (lead-arsenic) and geophysically (magnetics and IP) defined high-sulphidation epithermal gold targets associated with a broad zone of steam heated alteration (silica-clay). Although none of the RC holes reached planned depths due to the presence of clay-rich ground water, higher-temperature alteration minerals and anomalous pathfinder geochemical elements (arsenic,…

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MondayApr 26, 2021 10:50 am

NetworkNewsBreaks – Cybin Inc. (NEO: CYBN) (OTCQB: CLXPF) Announces AUD Disorder Indication for Psychedelic Molecule CYB003

Cybin (NEO: CYBN) (OTCQB: CLXPF), a biotechnology company focused on progressing psychedelic therapeutics, has selected alcohol use disorder (“AUD”) as the initial target indication for its proprietary deuterated psychedelic tryptamine, CYB003. In the announcement, the company noted that its CYB003 new chemical entity (“NCE”) could be an ideal investigational new drug (“IND”) candidate for a future clinical trial focused on AUD after preclinical data has been compiled and evaluated. Cybin is targeting an IND filing for CYB003 by the end of this year. AUD is a relapsing brain disorder often associated with an impaired ability to stop or control alcohol…

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