NetworkNewsBreaks

TuesdayJul 10, 2018 11:44 am

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Enters Licensing Agreement with Cavitation Technologies, Inc. (OTCQB: CVAT) (Berlin: WDC)

Fully integrated oil and gas company Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF) this morning announced that it has entered into a licensing agreement with Cavitation Technologies, Inc. (OTCQB: CVAT) (Berlin: WDC) (“CTi”) to test its equipment during oil production for workflow efficiencies and to lower its cost of production obtained through Petroteq’s oil sands extraction process. The companies aim to generate a modification of non-conventional oil, in the form of bitumen, obtained through oil sands. CTi’s Nano Reactor System™ employs proprietary technology that can influence and alter the chemical and physical composition of certain crude oils and hydrocarbon substances in…

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TuesdayJul 10, 2018 11:21 am

NetworkNewsBreaks – NUGL Inc. (NUGL) Appoints New CFO

NUGL Inc. (OTC: NUGL) this morning announced that it has hired Thomas Bouse, CPA, as its new chief financial officer. Bouse will replace NUGL CEO Brandon Vargas, who has been serving as the company’s interim CFO, in this position. “Tom has an extensive background with corporate taxes. He also understands how to manage a company’s tax flow in rapid growth modes,” Vargas stated in the news release. Per the update, Bouse is the founder and owner of Pacific Rim Tax and Accounting, headquartered in Huntington Beach, California. He brings more than two decades of expertise in tax services, accounting, consulting…

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TuesdayJul 10, 2018 11:04 am

NetworkNewsBreaks – Zenosense, Inc. (ZENO) Begins Trading on the OTCQB Venture Market

Healthcare technology company Zenosense (OTC: ZENO) this morning announced that the company has started trading on the OTC Markets Group OTCQB “Venture Market”. Known as an established public market by the U.S. Securities and Exchange Commission (“SEC”), the OTCQB is a leading market for entrepreneurial and development stage companies operating in the U.S. and internationally. Companies must provide up-to-date financial reporting, pass a minimum bid price test, and undergo an annual company verification and management certification process to meet the eligibility requirements to list on the market. By trading on the OTCQB Venture Market, Zenosense is better positioned to build…

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TuesdayJul 10, 2018 10:37 am

NetworkNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Appoints New Director of Sales

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning announced the appointment of Aussie Jiwani to the company’s management team as Director of Sales. Jiwani will be a vital member of the Choom team as the company continues to advance toward being a top cannabis retailer for the recreational market in Canada. "We are thrilled to bring Mr. Jiwani on board as we continue to grow and strengthen our position in the recreational cannabis market coming this October. Mr. Jiwani brings an abundance of knowledge and experience in respect to the sale and retail of…

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TuesdayJul 10, 2018 10:08 am

NetworkNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Announces Plans to Spin Out and List Canadian Assets

Sunniva (CSE: SNN) (OTCQX: SNNVF), a vertically integrated cannabis company, this morning announced that it plans to spin out its Canadian assets into a separate Canadian entity and to apply to list the shares on the Toronto Stock Exchange (“TSX”) and the NASDAQ Stock Market (“NASDAQ”). Per the update, the purpose of the transaction is to attain the underlying value of Sunniva’s assets on both sides of the border. Upon completion of the spinout transaction, which is subject to various conditions such as shareholder and exchange approval, Canadian assets would include Sunniva Medical Inc. (“SMI”), which is currently building the…

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TuesdayJul 10, 2018 10:05 am

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) Locates Second Cobalt Mineralization Trend in Kerr Area

Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) this morning announced that drilling in the Canadian Cobalt Camp has identified a second cobalt mineralization trend within the Kerr area located near surface and extending over a 500-meter strike length. Per the update, this mineralized trend is located parallel to and 400 meters north of the previously identified Kerr #2 Zone, which has been traced over 350 meters to date. “The results reported today are just 400 metres north of the Kerr #2 Zone, providing great encouragement to our vision of large scale open pit mining in…

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TuesdayJul 10, 2018 9:33 am

NetworkNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Executes Expanded Royalty Agreement with Refined Resin Technologies Inc.

FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF), a royalty company for the U.S. licensed medical cannabis industry, this morning announced that it has executed an expanded royalty agreement with Refined Resin Technologies Inc., formerly known as Gram Co Holdings LLC, of Oakland, California. Per the terms of the agreement, FinCanna will fund $3 million in tranches to complete the original royalty agreement transaction that was previously announced under a binding term sheet in February 2018. In return, the company will receive a tiered corporate royalty ranging from five to 14 percent of Refined Resin’s annual revenues, based upon predetermined benchmarks.…

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TuesdayJul 10, 2018 9:28 am

NetworkNewsBreaks – Victory Square Technologies Inc. (CSE: VST) (OTC: VSQTF) (FRANKFURT: 6F6) (WKN: A2AKL8) Provides Update on Recent Acquisition, Media Division Activities

Victory Square Technologies (CSE: VST) (OTC: VSQTF) (FRANKFURT: 6F6) (WKN: A2AKL8), a venture builder that creates, funds and empowers entrepreneurs, this morning provided an update regarding its recent acquisition of V2 Games Inc. completed on May 29, 2018. The acquisition complements the company’s media division of video games, film, virtual reality (“VR”), augmented reality (“AR”), and mixed reality. V2 Games formally joins the Victory Square media division following its recent soft-launch of the mobile game “Pacific Rim: Breach Wars”. The mobile game debuted at #5 on the RPG Charts in Canada and at #13 in the United States. The game…

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MondayJul 09, 2018 2:56 pm

NetworkNewsBreaks – DeepMarkit Corp. (TSX-V: MKT) (OTCQB: MKTDF) Targets Multibillion-Dollar Global Gamification Market

DeepMarkit (TSX-V: MKT) (OTCQB: MKTDF) has reportedly reached an average of 61 percent month-over-month growth in its merchant base since launching its slide-out app “Gamify” for e-commerce websites less than four months ago. A recent article discussing the company reads: “The global gamification market is expected to grow in value from under $2 billion in 2015 to over $22 billion by 2022, a report by P&S Market Research suggests (http://nnw.fm/sRdk4). DeepMarkit is the only publicly listed company focused solely on the monetization tool of gamification – the art of converting shoppers to buyers via incentivized gaming apps that embrace any…

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MondayJul 09, 2018 2:50 pm

NetworkNewsBreaks – GTX Corp (GTXO) Technology Delivers Peace of Mind to Caregivers of Individuals with Dementia

GPS technology-focused holding company GTX Corp (OTC: GTXO) has developed GPS SmartSole® technology that is used to monitor the location of people that tend to wander, such as individuals suffering from dementia. An article discussing the company reads: “The company’s patented GPS SmartSole® is a non-visible GPS tracking device designed to monitor the location of people who have a tendency to get lost or wander. Easily inserted into the loved one’s shoe, it provides the caregiver with peace of mind through continuous, real-time location coordinates rendered on a mapping system in the GTX Corp Monitoring Portal, which is accessible from…

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