NetworkNewsBreaks

MondayMay 18, 2020 11:07 am

NetworkNewsBreaks – Compass Diversified Holdings (NYSE: CODI) Secures $88 Million in Underwritten Public Offering

Compass Diversified Holdings (NYSE: CODI) has closed an underwritten public offering of 5,000,000 of its common shares. According to the update, Compass Diversified Holdings secured approximately $88 million in gross proceeds, with each of the shares sold at the public offering price of $17.60. The Company has also granted the underwriters a 30-day option to purchase up to an additional 750,000 common shares. Compass Diversified Holdings intends to use proceeds from the offering to repay a portion of the outstanding balance of its revolving credit facility. ROTH Capital Partners acted as a co-manager for the offering. To view the full…

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MondayMay 18, 2020 10:50 am

NetworkNewsBreaks – Energy Fuels Inc. (NYSE: UUUU) (TSX: EFR) to Present at Australian Mining and Technology Metals Live Virtual Investor Conference

Energy Fuels (NYSE: UUUU) (TSX: EFR) will be participating in the upcoming Australian Mining and Technology Metals Live Virtual Investor Conference taking place on Thursday, May 21. Energy Fuels is scheduled to present at 1:30 p.m. Eastern Time at the event, which is designed for executive management of metals and mining companies to discuss property positions, development schedules, market opportunity, and investment highlights with individual and institutional investors, advisors and analysts. Interested parties are invited to pre-register at http://nnw.fm/Xvam4 and run the online system check to expedite participation and receive event updates. To view the full press release, visit http://nnw.fm/2wVmg About…

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MondayMay 18, 2020 10:26 am

NetworkNewsBreaks – Xalles Holdings Inc. (XALL) to Acquire Florida-Based Tech Sales and Solutions Provider – Argus Technology Partners

Xalles Holdings (OTC: XALL), a fintech holding company providing technology and financial services solutions, today announced its entry into a Share Purchase Agreement to acquire 100% of Argus Technology Partners, Inc., a Florida based technology sales and solutions provider. Under the agreement, Xalles Technology Inc., a wholly owned subsidiary of Xalles Holdings Inc., will acquire all of the common shares of Argus Technology Partners, which provides technology services to companies and government agencies designed to improve efficiency and reduce administrative costs. “The acquisition of Argus Technology Partners has filled in an important puzzle piece for Xalles,” Thomas Nash, CEO of…

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MondayMay 18, 2020 9:57 am

NetworkNewsBreaks – Champignon Brands Inc. (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496) Collaborates with TheraPsil to Help Patients in Palliative Care Access New Therapies

Champignon Brands (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496), a human optimization sciences Company with an emphasis on ketamine and psychedelic medicine, today announced its sponsorship of TheraPsil, a BC-based non-profit coalition of healthcare professionals, policy-makers and community leaders (the “TheraPsil Coalition”) seeking legal access to psilocybin for British Columbians with a palliative diagnosis and psychological distress. According to the update, TheraPsil is focused on: establishing safe, and legal access to psychedelic-assisted therapy for those in medical need, efforts to increase awareness and developing safe and effective protocols for psilocybin-assisted therapy through public education and educational training, as well facilitating research…

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FridayMay 15, 2020 3:18 pm

NetworkNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) CEO Outlines Critical Company Objectives

Plus Products (CSE: PLUS) (OTCQX: PLPRF) co-founder and CEO Jake Heimark recently outlined three critical objectives the company will be focusing on throughout the coming year (http://nnw.fm/foR6i). A recent article discussing the letter reads, “‘We have set three critical objectives as a company over the next four quarters,’ he stated. ‘1) to ensure the safety and health of our employees and customers, 2) to continue to establish ourselves as a clear, long-term leader in the California edibles space and 3) to become a cash-flow positive business.’ . . . Heimark then went on to explain that PLUS is ‘capitalized with enough…

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FridayMay 15, 2020 3:05 pm

NetworkNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) CEO Voices Concerns on US Uranium Import Reliance

Energy Fuels (NYSE American: UUUU) (TSX: EFR) CEO Mark Chalmers recently voiced his concerns regarding the United States’ dependence on uranium imports during a corporate presentation (http://nnw.fm/SE2e8). An article further discussing the concerns reads, “‘Similarly, we are also dependent on imports of rare earth elements from China,’ he said, referring to China’s 90% control of global markets for rare earth elements (http://nnw.fm/9eSs0). . . . This dilemma has spurred several initiatives by the Trump administration, including the president issuing determinations that declare rare earth elements essential to national security, the U.S. Department of Interior declaring uranium and vanadium (another metal produced…

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FridayMay 15, 2020 2:33 pm

NetworkNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Virtual Car Auction Platform Offers Safe Alternative During Pandemic

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA), together with D2D Auto Auction LLC, recently launched and conducted successful virtual auctions in the United States. An article discussing the company reads, “The PowerBand/D2D cloud-based auction platform lets people buy and sell cars and trucks with a simplicity, speed and cost efficiency never seen before, without them ever needing to leave their homes or offices. It will be offered across the United States in the coming weeks and months and will allow digital images and details of vehicles to be uploaded to the platform for potential buyers to view. . .…

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FridayMay 15, 2020 2:24 pm

NetworkNewsBreaks – The Movie Studio Inc. (MVES) Executes MOU to Acquire BINGE Networks LLC

The Movie Studio (OTC: MVES), a vertically integrated motion-picture production company, recently executed a memorandum of understanding (“MOU”) to acquire BINGE Networks LLC. The company intends to integrate the assets and infrastructure of BINGE Networks with its current over the top (“OTT”) and distribution app. An article further discussing the MOU reads, “An award-winning streaming media platform, BINGE Networks is a recipient of the Most Innovative Media Content Monetizing & Streaming Platform CV-Magazine-USA 2019 and New York 2019 Award Programming. Built into more than 100 smart TV networks, the BINGE App provides the ability to globally and instantly syndicate and…

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FridayMay 15, 2020 2:15 pm

NetworkNewsBreaks – Sharing Services Global Corporation (SHRG) Developing Worldwide Network of Home-Based Business Owners

Sharing Services Global (OTCQB: SHRG), a diversified holding corporation, is committed to creating and empowering independent business leaders to succeed financially during unstable economic cycles. A recent article discussing the company reads, “Sharing Services’ emphasis is on growing a global network of home-based business owners called Elepreneurs, who market products and services (http://nnw.fm/YWhl2). . . . To accomplish this, SHRG utilizes two wholly owned, unique subsidiaries: Elepreneurs LLC and Elevacity Global LLC. The structure of Elepreneurs is to contract with companies to promote and sell products by using the direct-selling model. SHRG’s Elevacity Global works to elevate individuals’ health and happiness…

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FridayMay 15, 2020 1:46 pm

NetworkNewsBreaks – Gevo, Inc. (NASDAQ: GEVO) Reports Financial Results for Q1 2020

Gevo (NASDAQ: GEVO) this week announced financial results for the first quarter of 2020 and recent corporate highlights. “We are focused on building our business for the long run. We continue to make and sell renewable premium gasoline and jet fuel. We’ve cut expenses, cut the burn. We are pleased to be working with Citigroup on our project financings. We are moving forward, and look forward to completing them,” Gevo’s Chief Executive Officer, Dr. Patrick R. Gruber, said in the news release. “Building these projects off balance sheet, where we take the role of developer, licensor and operator, seems to…

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