NetworkNewsBreaks

MondayApr 27, 2020 10:51 am

NetworkNewsBreaks – Trxade Group, Inc. (NASDAQ: MEDS) Enters First Agreement to Supply COVID-19 Testing Kits

Trxade Group, Inc. (NASDAQ: MEDS), an integrated drug procurement, delivery and healthcare platform, today announced entry into its first Covid-19 antibody testing kits supply agreement with law firm McIntyre Thanasides Bringgold Elliott Grimaldi Guito & Matthews, P.A. According to the update, the midsized Tampa firm will today begin periodic testing of its employees and their families, and the partnership will promote a safer working environment and increase Covid-19 exposure risk awareness. Trxade's Integra Pharma Solutions, LLC subsidiary will provide antibody rapid blood test kits, intended to be administered at point of care with no additional instrumentation needed, and Accomplished Home…

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MondayApr 27, 2020 10:18 am

NetworkNewsBreaks – Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Appoints Proven Leader in Canadian CPG Sector, Beena Goldenberg, as President and CEO

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced that its board of directors (the “Board”) has named Beena Goldenberg, former CEO of Hain-Celestial Canada ("Hain Canada"), as the Company's president and chief executive officer, effective immediately. According to the update, Goldenberg succeeds Colin Moore who, as interim president and CEO since January 2020, took significant steps to reduce the Company's operating and overhead costs, expand its product offering across all market segments and accelerate its transition into a premium cannabis consumer packaged goods ("CPG") company. Moore will continue to serve as a director of the Company and…

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MondayApr 27, 2020 9:48 am

NetworkNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Releases Update on Timing of Annual Filings

Plus Products (CSE: PLUS) (OTCQX: PLPRF) on Friday announced that, as a result of the COVID-19 pandemic, it will be relying on the coordinated relief provided by the securities regulators, which consists of a 45-day extension for certain periodic filings, as announced by the Canadian Securities Administrators (“CSA“) on March 18, 2020. According to the update, Plus Products will rely on this relief with respect to the filing of its annual financial statements, management’s discussion and analysis, and related officer certificates for its financial year ended December 31, 2019. The Company will provide a further update concerning the exact timing…

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FridayApr 24, 2020 1:53 pm

NetworkNewsBreaks – Reed’s Inc. (NASDAQ: REED) Closes $5.8M Follow-On

Reed’s (NASDAQ: REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, recently closed an underwritten public offering of 15,333,334 shares of common stock, including 2,000,000 additional shares due to the full exercise of the over-allotment option. The shares were sold at the public offering price of $0.375 each, resulting in gross proceeds of roughly $5.8 million. The company intends to utilize the proceeds from the offering toward working capital and for general corporate purposes. ROTH Capital Partners served as the sole manager for the offering. To view the full press release, visit http://nnw.fm/S1lak About Reed’s Inc. Established in…

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FridayApr 24, 2020 1:04 pm

NetworkNewsBreaks – Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) Appoints Industry Leader to Business Advisory Board

Canadian technology company Exro Technologies (CSE: XRO) (OTCQB: EXROF) recently named industry leader in electric motors and drives Werner Kitz to the Exro Business Advisory Board. An article discussing the company reads, “A senior executive and engineer at Siemens who retired in 2019, Kitz brings with him more than 25 years of experience and a global perspective of innovation and manufacturing in the power-conversion sector (http://nnw.fm/Lm8GA). He will be advising Exro as the company continues its aggressive commercialization program to improve the performance of electric motors used in the automotive, energy, agricultural, marine and last-mile transportation space, among others. . .…

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FridayApr 24, 2020 12:55 pm

NetworkNewsBreaks – Bolt Metals Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) Aims to Secure Supply Chain for Cyclops Project via Nonbinding Agreement

Bolt Metals Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE), a Canadian‐based exploration company, recently entered into a nonbinding cooperative agreement with Chinese tungsten and cobalt producer Hunan Jinxin, potentially opening the door to future agreements on mineral sourcing from PCRCF’s Cyclops Nickel-Cobalt project based in Indonesia (http://nnw.fm/0Jn3a). An article discussing the company reads, “While extensive exploration of essential EV supply chain metals such as nickel and cobalt has been taking place at the project in Indonesia — a country known as the world’s largest nickel ore producer — Bolt Metals acknowledges that the possibility of proceeding to production at the…

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FridayApr 24, 2020 12:22 pm

NetworkNewsBreaks – DraftKings Inc. (NASDAQ: DKNG) Completes Business Combination to Create Pure-Play Sports Betting and Online Gaming Company, Commences Nasdaq Trading

DraftKings (NASDAQ: DKNG), a digital sports entertainment and gaming company known for its industry-leading daily fantasy sports and mobile sports betting platforms, on Thursday announced that it has completed its business combination with SBTech (Global) Limited (“SBTech”), an international provider of cutting-edge sports gaming technologies, and Diamond Eagle Acquisition Corp. (NASDAQ: DEAC). According to the update, the business combination, approved by DEAC’s stockholders on April 23, 2020, creates the only vertically integrated pure-play sports betting and online gaming company based in the United States. DraftKings’ shares of Class A common stock began trading on the Nasdaq Global Select Market under…

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FridayApr 24, 2020 11:55 am

NetworkNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Launches New CBDRelief Brand Targeting Underserved Market Sector

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a California-based cannabis-products company, recently launched its PLUS CBDRelief brand. The new line of products is comprised of two high-CBD, low-THC gummies designed to address pain, stress and anxiety (http://nnw.fm/p1hV2). An article discussing the company reads, “The product line currently includes two products: PLUS CBDRelief 9:1 Tropical Mango with 9 mg of CBD and 1 mg of THC per serving and PLUS CBDRelief 18:1 Tart Cherry with 18 mg of CBD and 1 mg of THC per serving. The PLUS CBDRelief cannabis-infused gummies are expected to be available statewide in coming weeks. . .…

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FridayApr 24, 2020 11:00 am

NetworkNewsBreaks – Crinetics Pharmaceuticals, Inc. (NASDAQ: CRNX) Secures $115.1 Million in Underwritten Public Offering

Crinetics Pharmaceuticals (NASDAQ: CRNX), a clinical-stage pharmaceutical company focused on the discovery, development and commercialization of novel therapeutics for rare endocrine diseases and endocrine-related tumors, has closed an underwritten public offering of 8,222,500 shares of its common stock, which includes an additional 1,072,500 shares per the full exercise of the over-allotment option granted to the underwriters. According to the update, Crinetics Pharmaceuticals secured approximately $115.1 million in gross proceeds, with each of the shares sold at the public offering price of $14.00. The company intends to use the proceeds to fund the development of paltusotine and its other research and…

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FridayApr 24, 2020 10:55 am

NetworkNewsBreaks – Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) (FRA: WK3D) Announces Schedule for Release of Year-End Results

Siyata Mobile (TSX.V: SIM) (OTCQX: SYATF) (FRA: WK3D) today announced that the Company will release its results on or before May 29, 2020, as well as host an investor conference call and CEO Q&A at such time to discuss the results. As highlighted in the update, Siyata remains an essential services business with sales and large scale trials for first responders, military and defense contractors, all of which are very active during this period both in the United States and in international markets. The Company has announced over $10M in new purchase orders for delivery since the beginning of Q4 2019,…

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