NetworkNewsBreaks Archive - Page 1361 of 2081

ThursdayMay 21, 2020 11:19 am

NetworkNewsBreaks – Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) Appoints Proven Leader in Automotive and Power Electronics as Chief of Engineering

Exro Technologies (CSE: XRO) (OTCQB: EXROF) today announced that proven industry innovator in automotive and power electronics, Eric Hustedt, has joined Exro as its new Chief of Engineering. In this new role, Hustedt will be instrumental in advancing the next phase of the rapid commercialization of Exro's technology, which dramatically improves the performance of the world's electric motors and power trains. Hustedt will be consolidating the previous responsibilities of the VP of Engineering held by Torsten Broeer, who is retiring, and Chief Technology Officer, Ari Berger, who will complete his role with Exro in June. “I am excited Eric has…

ThursdayMay 21, 2020 10:45 am

NetworkNewsBreaks – Cannabis Global, Inc. (MCTC) Announces Upcoming Launch of Hemp You Can Feel(TM) Products on Amazon.com

Cannabis Global (OTC: MCTC), a cannabinoid and hemp extract science forward company developing infusion and delivery technologies, today announced acceptance of its recently introduced Hemp You Can Feel(TM) Coffee for sale on Amazon.com. According to the update, Cannabis Global has begun mass manufacturing in preparation for widespread sales and distribution, with expected availability of the products for purchase on the Amazon.com platform in June. The company will utilize its patent pending coffee dosing system for all related manufacturing. “This is an additional example of how we are moving our IP into products to solve industry issues,” Cannabis Global CEO Arman…

ThursdayMay 21, 2020 9:39 am

NetworkNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Announces Strategic Engagements of Industry Experts to Advance Entry into U.S. Rare Earth Space

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading producer of uranium in the United States, today announced its entry into consulting agreements with Constantine Karayannopoulos and Brock O'Kelley, two rare earth element ("REE") industry experts who each have decades of experience producing commercially viable rare earth products. According to the update, the collaborations will aid in the development and implementation of commercial and technical REE strategies for the new U.S. REE program Energy Fuels is pursuing. “Energy Fuels is extremely excited to bring Constantine Karayannopoulos and Brock O'Kelley on board to advance our entry into the rare earth space…

ThursdayMay 21, 2020 9:32 am

NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Announces Bought Deal Public Offering with Over-Allotment Option

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium, certified-organic cannabis, on Wednesday announced the company’s entrance into an agreement with Canaccord Genuity Corp. (the "underwriter"). The underwriter has agreed to purchase, on a bought deal basis pursuant to the filing of a short form prospectus, a total of 37,500,000 units at a price of C$0.40 each, for total gross proceeds to TGODF of approximately C$15 million. Each unit is comprised of one common share and one common share purchase warrant of the company. Each warrant is exercisable to acquire one common share at an…

WednesdayMay 20, 2020 3:25 pm

NetworkNewsBreaks – Sigma Labs Inc. (NASDAQ: SGLB) Ideally Positioned in Industry Predicted to Reach $26 Billion in Two Years

Sigma Labs (NASDAQ: SGLB), a leading developer of quality-assurance software for the additive manufacturing industry, is poised to profit as the demand for 3D-metal-printed parts is anticipated to surge over the next two years (http://nnw.fm/Ugaj2). A recent article discussing the company reads, “Sigma Labs, one of the leading providers of third-party, in-process quality-assurance software to the commercial 3D-metal-printing industry, has allowed companies to monitor the quality of each product part in the production process, layer by layer and in real time — leading to a dramatic decrease in error rates and higher manufacturing yields. . . . According to industry…

WednesdayMay 20, 2020 11:42 am

NetworkNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Obtains Initial Order Granting CCAA Protection

Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today announced that it and certain of its direct and indirect wholly owned subsidiaries (collectively the "company" or the “applicants”) have filed for insolvency protection under the Companies’ Creditors Arrangement Act (Canada) ("CCAA"). The company has obtained an order from the Ontario Superior Court of Justice granting the applicants protection under the CCAA. Ernst & Young Inc. (“E&Y”) has consented to act as the court-appointed monitor of the applicants. The court has granted CCAA protection for an initial 10 day period, which expires on May 29, 2020, and is subject to extension thereafter…

WednesdayMay 20, 2020 11:27 am

NetworkNewsBreaks – Nanotech Energy Inc. Closes Oversubscribed $27.5M Series C Funding, Eyes Dramatic Production Expansions

Nanotech Energy, the world's top supplier of graphene, on Monday announced the official close of its Series C Preferred Round of funding. According to the update, this participation/funding round was expected to close at $25 million, yet included a “shoe” to allow for an additional $2.5 million for a total of $27.5 million invested. Following board of directors’ approval, the funding was expanded to accommodate the oversubscription. The post-money valuation of this round was $227.5 million. “This round of funding – with such high-level and committed investors – validates the need the international market has for our proprietary battery technology,”…

WednesdayMay 20, 2020 10:37 am

NetworkNewsBreaks – National Storm Recovery (NSRI) Completes Key Upgrades to Significantly Boost Volume Output at Production Facility

National Storm Recovery (OTC: NSRI), a leading provider of environmentally beneficial solutions for tree and storm waste disposal, today announced its completion of the upgrade of key machineries at one of its largest production facilities, located in Callahan, Florida, thus significantly increasing volume output at the facility. This major achievement follows another company milestone, as NSRI recently celebrated the opening of its central Florida-based flagship facility. “Our Mulch Manufacturing, Inc. subsidiary is unfolding extremely well. The third-party equipment appraisal conducted as part of the Mulch Manufacturing, Inc. acquisition yielded extremely satisfying results,” NSRI’s CEO and Director, Tony Raynor, said in…

WednesdayMay 20, 2020 10:29 am

NetworkNewsBreaks – Appreciated Media Holdings Inc. (TSX.V: AMH) (OTC: WDRFF) and VirBELA Collaborate to Develop Customizable, First-Ever Virtual Film Studio

Appreciated Media Holdings (TSX.V: AMH) (OTC: WDRFF), a multi-faceted entertainment company, together with VirBELA, an immersive technology platform for business, events and education, today announced a partnership to build a customizable virtual film studio, Pinnacle Virtual Film Studios. Through the partnership, Appreciated Media and VirBELA will collaborate to develop a platform that will transform the traditional film studio back lot and make Pinnacle Virtual Film Studios a premier location for delivering content without the need for travel or physical contact. “We are so excited to collaborate with VirBELA and their team to develop the first-ever 'Virtual Film Studio,'” Stephen Brown,…

WednesdayMay 20, 2020 9:36 am

NetworkNewsBreaks – Marijuana Company of America, Inc. (MCOA) Reports Increased Revenues, Positive Financial Developments for Year-Ended December 31, 2019

Marijuana Company of America (OTCQB: MCOA), an innovative hemp and cannabis corporation, today released audited financial results for the year ended December 31, 2019, as included in its annual report on Form 10-K. Among the notable highlights, the company reported a significant 175.7% year-over-year increase in total revenues to $695,076 for the year ended December 31, 2019, as compared to $252,135 for the year ended December 31, 2018. “Our financial results reflect a transition as our company converts from a Research and Development company to a marketing-product based company,” MCOA chief executive officer Jesus Quintero stated in the news release.…

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