NetworkNewsBreaks

TuesdayJan 26, 2021 10:49 am

NetworkNewsBreaks – iClick Interactive Asia Group Limited (NASDAQ: ICLK) Announces Strategic Agreements, Cooperation with Baozun

iClick Interactive (NASDAQ: ICLK), an independent online marketing and enterprise data solutions provider in China, has partnered with Baozun, a leading brand e-commerce service partner that helps brands execute their e-commerce strategies. iClick and Baozun announced that they have entered into certain agreements, including a share subscription agreement. In that agreement, Baozun subscribed for 649,349 newly issued Class B ordinary shares of iClick; the agreement notes that these shared were made available at an aggregate subscription price of approximately $26.524 per share, for a total of $17.2 million. In addition, the announcement noted that 435,530 Class B ordinary shares had been…

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TuesdayJan 26, 2021 10:30 am

NetworkNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) Announces Biomass Purchase Agreements to Scale-Up Extract Production

Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF), a plant-based extraction company specializing in cannabis, hemp and mushroom products, has entered into its first initial substantial biomass purchase agreements; the agreements are designed to support an increase in the company’s production of THC and CBD oil extracts. Executed with a large Canadian Licensed Producer, one purchase agreement outlines Pure Extracts’ intent to purchase 220 kgs of high-potency THC cannabis dried flower; the company also agreed to purchase approximately 1,000 kgs of high-potency CBD biomass from a top Western Canada cultivator. The company plans to use the cannabis to produce full-spectrum (“FSO”) THC…

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TuesdayJan 26, 2021 10:18 am

NetworkNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) to Conduct Non-Brokered Private Placement for Up to $1.5M Gross Proceeds

Pac Roots Cannabis (CSE: PACR) (OTCQB: PACRF), a company dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach, has announced a non-brokered private placement of up to 8,333,333 units. According to the announcement, each unit, which will consist of one common share in the capital of the company and one common share purchase warrant, will be offered at C$0.18 per unit, for gross proceeds of up to $1,500,000. The common share purchase warrants permit the warrant holder to obtain an additional common share at a price of $0.30; that offer will be valid for three years from the closing…

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TuesdayJan 26, 2021 9:44 am

NetworkNewsBreaks – Friendable Inc. (FDBL) Launches Pro Services Offering Designed to Provide Additional Artist Support

Friendable (OTC: FDBL) has unveiled the newest addition to its Fan Pass platform: Pro Services. The company is testing its Pro Services offering as a response to Fan Pass artists’ requests for additional support and services. Fan Pass has seen a record number of artist sign-ups, and FDBL is expanding its reach to support these artists in elevating their brands and offering live performances. The Pro Services offering is initially available to existing artists, but the company plans on rolling it out to all new artists during their onboarding and sign-up process. Services being tested and branded as Pro Services…

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TuesdayJan 26, 2021 9:19 am

NetworkNewsBreaks – Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF) Investee Company Executes Definitive Agreement with Andretti Group

Clean Power Capital (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF), an investment company, has announced that PowerTap Hydrogen Fueling has executed a definitive agreement with Humboldt Petroleum Inc., Peninsula Petroleum LLC and Colvin Oil I LLC (dba GP Energy); the three companies collectively are known as the Andretti Group. The agreement outlines the installation of PowerTap’s 1,250-kilogram hydrogen production and dispensing fueling stations in California beginning this year. With more than 11,000 of the nation’s estimated 111,000 conventional petrol gas stations located in California, the state represents a key market for PowerTap. The Andretti Group owns more than 100 facilities in…

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MondayJan 25, 2021 3:41 pm

NetworkNewsBreaks – Knightscope Inc. Inks Contract with Reno Casino

Knightscope, a developer of advanced physical security technologies utilizing fully autonomous security robots (“ASRs”), announced that it has signed its 5th casino contract with an establishment located in Reno, Nevada. Occupancy limits in casinos, restaurants and bars were cut from 50% to 25% by Governor Steve Sisolak in November, raising the appeal of Knightscope’s Autonomous Security Robots (“ASRs”) that boost security without driving up the occupancy count. In addition to enhancing criminal deterrence and increasing security teams’ situational awareness, the Reno ASR will also be promoting the public to comply with the recommended distancing and sanitizing procedures. To view the…

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MondayJan 25, 2021 12:04 pm

NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Announces It Has Received Chinese Patent Notice of Allowance

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision, has received a notice of allowance from the Chinese Patent Office for the patent it filed for its proprietary running vehicle alerting system and method; the same patent received approval from the U.S. Patent and Trademark Office in April 2019. According to the company, the patented technology involves a running vehicle alerting system that is designed to detect traffic lights or traffic signs. When the system detects these devices, it produces a collision-avoiding signal if the distance to these lights or signs is less than a safe braking…

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MondayJan 25, 2021 11:35 am

NetworkNewsBreaks – PlantX Life Inc. (CSE: VEGA) (FRA: WNT1) (OTCQB: PLTXF) Achieves DTC Eligibility

PlantX Life (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) this morning announced that it has obtained eligibility with the Depository Trust Company (“DTC”) for its common shares listed on the OTCQB. Per the release, PlantX common shares listed on the OTCQB under the symbol PLTXF are now eligible for electronic clearing and settlement through DTC’s automated processes. “We are thrilled with obtaining DTC eligibility, as it represents an important step forward in increasing liquidity, broadening our shareholder base and building a strong presence for our company within the US capital markets sphere,” PlantX CEO Julia Frank stated in the news release. To view the…

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MondayJan 25, 2021 11:25 am

NetworkNewsBreaks – Champignon Brands Inc. (CSE: SHRM) (FWB: 496) (OTCQB: SHRMF) Opens New CRTCE Clinic to Provide Ketamine Treatment for Adults with Depression

Champignon Brands (CSE: SHRM) (FWB: 496) (OTCQB: SHRMF), a research-driven company specializing in breakthrough ketamine treatment for depression and other mental health conditions, has opened its third Canadian Rapid Treatment Center of Excellence (“CRTCE”) clinic. Champignon chairman and CEO Roger McIntyre announced the opening of the center; the announcement noted that the clinics — the other two are located in Mississauga and Toronto — are focused on the treatment of depression and suicide through novel ketamine therapy treatment. The company noted in the announcement that more than 20 clinical trials have been conducted that demonstrate the effectiveness of ketamine and…

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MondayJan 25, 2021 10:45 am

NetworkNewsBreaks – Willow Biosciences Inc. (TSX: WLLW) (OTCQX: CANSF) Exercises Right to Accelerate Expiry Date of Outstanding 2020 Warrants

Willow Biosciences (TSX: WLLW) (OTCQX: CANSF), a leading developer of biosynthetic production systems for high-value, plant-derived active pharmaceutical ingredients (“APIs”) and intermediates, will exercise its right under the terms of an Oct. 29, 2020, warrant indenture to accelerate the expiry date of common share purchase warrants issued that same day. The warrant indenture stipulates that the company may accelerate the expiry of the 2020 warrants if the volume weighted average trading price of the company’s common shares on the Toronto Stock Exchange surpasses $1.20 for at least 20 consecutive trading days, which occurred at the close of markets on Jan. 22, 2021.…

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