NetworkNewsBreaks

ThursdayFeb 25, 2021 10:55 am

NetworkNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Debentureholders Approve Amendments; Extraordinary Meeting of Debentureholders Cancelled

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis and hemp-branded products company in the United States, has announced that holders of the company’s 8% unsecured convertible debentures approved several amendments and resolutions. The approval came via signed instruments in writing in the form of proxy. The announcement noted that the amendments have been validly approved. Because the approval has been obtained via proxy, the debentureholder meeting scheduled for today has been cancelled. Amendments included the extension of the maturity date for debentures with maturity dates of Feb. 28, 2021; an increase of the coupon rate of the debentures from 8% to…

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ThursdayFeb 25, 2021 10:43 am

NetworkNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Announces It Has Submitted Multiple SKUs to Health Canada for Approval

Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ), a plant-based extraction company focused on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelic sector, has submitted a Notice of New Cannabis Product (“NNCP”) application to Health Canada through its wholly owned subsidiary Pure Extracts Manufacturing Corp. The application requests Health Canada’s approval for more than 20 of Pure Extract’s retail cannabis products including cannabis extracts and edible cannabis such as THC and CBD vapes, and three flavors of gummies. Once approval is received, Pure Extracts anticipates offering the products under its Pure Pulls Vapes and Pure Chews Gummies branded…

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ThursdayFeb 25, 2021 10:23 am

NetworkNewsBreaks – 180 Life Sciences Corp. (NASDAQ: ATNF) Closes on Private Placement with Gross Proceeds of $11.7M

180 Life Sciences Corp. (NASDAQ: ATNF), a clinical-stage biotechnology company focused on the development of novel drugs that fulfill unmet needs in inflammatory diseases, fibrosis and pain, has announced the closing of its previously announced private placement. The private placement included 2,564,000 shares of common stock and accompanying warrants, each share sold for a combined purchase price of $4.55 per share and warrant. The private placement resulted in gross proceeds of $11.7 before deducting customers fee. The announcement noted that the warrants were immediately exercisable at $5.00 per share; they are also set to expire five years from the date…

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ThursdayFeb 25, 2021 10:12 am

NetworkNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Announces Compelling Drill Results at Platosa Mine

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) today announced results from underground expansion and exploration drilling at the Platosa Mine in Durango, Mexico. Among the highlights, diamond drilling results from underground included 1,422 g/t silver equivalent ("AgEq") over 8.9 metres and 1,539 g/t AgEq over 1.6 metres. "Initial drilling from the top of the Gap Zone has returned compelling high grade results," said Ben Pullinger, SVP Geology and Corporate Development. "This sub-vertical structure connects the 623 and NE-1S mantos and represents a significant opportunity to define additional mineralization at Platosa. We also continue to define and add further…

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ThursdayFeb 25, 2021 9:47 am

NetworkNewsBreaks – Knightscope Inc. Signs Reno Casino Contract

Knightscope, an advanced security technology company that builds fully autonomous security robots that deter, detect and report, has announced that it has signed its fifth casino contract. In the announcement, the company noted that the global pandemic had made public health and safety a top priority, causing gaming and resort leaders to look for technology to help secure their facilities. Knightscope’s Autonomous Security Robots (“ASRs”) have been recognized as an answer to that search. The robots are immune to disease, available to work 24/7 and can be used in areas where people gather without needing to social distance or wear face…

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ThursdayFeb 25, 2021 9:44 am

NetworkNewsBreaks – Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF) Announces Excess Electricity Generated by PowerTap’s Blue Hydrogen Fueling Technology

Clean Power Capital (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF), an investment company, has announced that the third-generation technology of PowerTap Hydrogen Fueling Corp., an investee company of Clean Power, has electricity-generating capability. Clean Power made the announcement as Texas has experienced severe weather resulting in widespread electricity outages. In the announcement, the company noted that while designing its onsite Blue Hydrogren fueling tech, PowerTap knew that electricity shortages were a possibility in areas where the hydrogen fueling stations would be installed. In order to produce enough electricity to keep the fueling stations open, PowerTap’s third-generation onsite hydrogen fueling units all…

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ThursdayFeb 25, 2021 9:17 am

NetworkNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) Announces Closure of Private Placement Reaching $1.34M

Pac Roots Cannabis (CSE: PACR) (OTCQB: PACRF), a company dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach, has closed its previously announced nonbrokered private placement. The placement was comprised of 7,448,255 units, sold at $0.30 per share and resulting in a total of $1,340685.90. Each unit sold included one common shares and one share purchase warrant; each warrant was exercisable for $0.30 per share until February 23, 2024. Registrants received finder’s fees, equaling $75,294,41, and finder’s warrants; finder’s warrants were also exercisable into one common share at a price of $0.18 per share until February 23, 2024. The announcement…

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WednesdayFeb 24, 2021 2:57 pm

NetworkNewsBreaks – InvestorBrandNetwork (‘IBN’) and CannabisNewsWire (‘CNW’) Announce Expanded Collaboration with NECANN

InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company, today announced the expansion of its ongoing collaboration with New England Cannabis Network (“NECANN”) that will encompass NECANN’s full slate of events throughout 2021 and 2022. Since 2014, NECANN has established a strong reputation as a thought leader within the North American cannabis sector, specializing in creating a series of must-attend events that educate attendees, showcase the latest innovations, provide networking opportunities, and offer a variety of investment options. IBN also announced that CannabisNewsWire (“CNW”), a specialized communications platform for the cannabis sector and one of the 50+ brands forming the…

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WednesdayFeb 24, 2021 2:37 pm

NetworkNewsBreaks – Hunter Technology Corp. (TSX.V: HOC) (OTCQB: HOILF) (WKN: A2QEYH) (FSE: RWPM) Releases Update on FinFabrik Assets

Hunter Technology (TSX.V: HOC) (OTCQB: HOILF) (WKN: A2QEYH) (FSE: RWPM) has provided an update on its FinFabrik core assets. Hunter acquired all issued and outstanding shares of FinFabrik Limited of Hong Kong at the end of last year, and the company has subsequently been working to integrate and develop the assets. Hunter paid $11,149,182 in cash and its common shares to acquire the assets with the intent of accelerating and developing the commercialization of its OilEx and OilExchange platforms. The acquisition included FinFabrik's CrossPool, XP Invest and CryptoFabrik platforms; all three are robust core technologies designed for institutions and industry…

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WednesdayFeb 24, 2021 2:23 pm

NetworkNewsBreaks – Nextech AR Solutions Corp. (CSE: NTAR) (NEO: NTAR) (OTCQB: NEXCF) (FSE: N29) Hosted SVA 2021 National Conference; Dr. Jill Biden Delivered Keynote

Nextech AR Solutions (CSE: NTAR) (NEO: NTAR) (OTCQB: NEXCF) (FSE: N29), a leading provider of virtual and augmented reality (“AR”) experience technologies and services for advertising, ecommerce, education, conferences and events, and its Virtual Experience Platform (“VXP”) hosted the recent Student Veterans of America’s (“SVA”) 2021 National Conference. The virtual conference, held Feb. 19–20, 2021, was the largest annual gathering of post-9/11 veterans in the world. The conference agenda featured keynote speaker First Lady Dr. Jill Biden as well as addresses by Secretary of Veterans Affairs Denis McDonough, actress and author Mayim Bialik, and entrepreneur Gary Vaynerchuk. The conference also included more than…

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