NetworkNewsBreaks

WednesdayFeb 20, 2019 12:48 pm

NetworkNewsBreaks – AzurRx BioPharma, Inc. (NASDAQ: AZRX) Issues Corporate Update; Reports First Patients Dosed in Phase II OPTION Study

AzurRx BioPharma (NASDAQ: AZRX), a company specializing in the development of non-systemic, recombinant therapies for gastrointestinal diseases, this morning issued a clinical development and strategic corporate update. In the update, the company reports that the first patients have been dosed in its phase II OPTION study to investigate MS1819-SD in cystic fibrosis (“CF”) patients with exocrine pancreatic insufficiency (“EPI”). Planned enrollment of the study is anticipated to include approximately 30 CF patients, with initial top line data results expected in mid-2019. The OPTION study is presently enrolling patients at five sites in the U.S. and anticipates up to six additional…

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WednesdayFeb 20, 2019 12:45 pm

NetworkNewsBreaks – Spectrum Global Solutions Inc. (SGSI) Eyes Immense Telecommunications Market Opportunity

Keith Hayter, president of Spectrum Global Solutions (OTCQB: SGSI), recently discussed the rising telecommunication market opportunity in an interview on The RedChip Money (http://nnw.fm/9a5Vz). An article discussing the company reads, “The company’s third quarter report noted a 300 percent year-over-year increase in revenues and a 200 percent quarterly increase in net income, and SGSI expects the forecast to remain robust as businesses and consumers alike clamor for 5G capability as the large carriers begin to roll out new infrastructure. . . . ‘The market opportunity is immense,’ Hayter continued. ‘Over $1.5 trillion is going to be spent on telecommunications. For…

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WednesdayFeb 20, 2019 11:59 am

NetworkNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Uplists to the Toronto Stock Exchange

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) recently commenced trading on the Toronto Stock Exchange (“TSX”) under ticker symbols FIRE and FIRE.DB. An article further discussing SPRWF reads, “This move is designed to support the company’s strategy of targeting premium brands, leverage its coast-to-coast distribution in Canada and aid in its expansion into the international cannabis market. The company will also focus on generating sustainable growth. The company’s common shares and senior unsecured convertible debentures due in 2021 were voluntarily delisted from the TSX Venture Exchange when trading began on the TSX.” To view the full article, visit…

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WednesdayFeb 20, 2019 11:07 am

NetworkNewsBreaks – Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Inks MOU with Glencore plc (OTC: GLNCY) (OTC: GLCNF) Subsidiary to Fund Shymanivske Iron Ore Project Construction

Canadian iron ore exploration and development company Black Iron (TSX: BKI) (OTC: BKIRF) (GR: BIN) this morning announced the company has signed a non-binding Memorandum of Understanding (“MOU”) with a subsidiary of Glencore plc (OTC: GLNCY) (OTC: GLCNF). Per the MOU, the parties agree to engage in formal negotiations to finance the construction of the Shymanivske Iron Ore Project. Areas for negotiation in the MOU include the contemplation of Glencore making an investment to help fund construction of the project in exchange for securing the offtake of up to the full phase one planned annual production of four million tonnes,…

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WednesdayFeb 20, 2019 10:53 am

NetworkNewsBreaks – Golden Developing Solutions Inc. (DVLP) Finalizes Lease Agreement for CBD Processing and Distillate Facility

Golden Developing Solutions Inc. (OTC: DVLP), an emerging leader in the cannabis, hemp and CBD marketplace, this morning announced the finalization of a lease agreement for its new, state-of-the-art CBD processing and distillate facility. Per the update, the company will take full possession of the property, located in Centennial, Colorado, on March 1. “If there is a ‘capital of cannabis’ in the US, Centennial may be it,” Stavros Triant, CEO of DVLP, stated in the news release. “We are extremely comfortable with the location and see the surrounding community as enthusiastically supportive to our interests. The property is perfect. Period.…

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WednesdayFeb 20, 2019 10:29 am

NetworkNewsBreaks – SinglePoint Inc. (SING) Inks LOI to Raise up to $12M

Technology and investment company SinglePoint (OTCQB: SING) today announced that it has signed a letter of intent (“LOI”) to raise up to $12,000,000. The capital, which comes on advantageous terms to SING, is only available at the company’s discretion. SING is currently negotiating final terms and will file a registration statement with the SEC upon execution of the agreement.  “The goal for SinglePoint is to raise capital at the best terms we can in order to capitalize on the host of opportunities we have in the hemp derived CBD space. We are already filling multiple orders and will be able…

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WednesdayFeb 20, 2019 9:49 am

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) Increases Strike Length at Iron Creek Cobalt Project

First Cobalt (TSX.V: FCC) (OTCQX: FTSSF) (ASX: FCC), a North American pure-play cobalt company, this morning reported drill results from a second phase of drilling that was conducted in 2018 at its Iron Creek Cobalt Project. The results have further extended the strike length and width of the mineralized zones to the east of the current resource area as well as downdip an additional 100 meters. The mineralization now extends nearly 900 meters, almost twice the 2018 inferred resource estimate, and remains open along strike and downdip. “We are very pleased that the higher-grade cobalt mineralization we have seen in…

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WednesdayFeb 20, 2019 9:27 am

NetworkNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Secures $3M Investment to Fast-track Corporate Expansion

Cannabis Strategic Ventures (OTC: NUGS), a Los Angeles-based cannabis industry incubator, this morning announced that it has secured an investment of up to $3 million from TRITON FUNDS successive to an upcoming S1 registration statement. This investment will enable NUGS to accelerate its business endeavors regarding cannabis cultivation operations in California as well as the development of current portfolio brands. “Cannabis Strategic Ventures is proud to partner with TRITON FUNDS, an organization with a mission that is closely aligned with ours, and who sees the potential of the larger cannabis industry,” Cannabis Strategic Ventures CEO Simon Yu stated in the…

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TuesdayFeb 19, 2019 1:37 pm

NetworkNewsBreaks – Earth Science Tech Inc. (ETST) Displays Hygee at Arab Health 2019

Earth Science Tech (OTCQB: ETST), an innovative biotechnology company, recently displayed its leading-edge medical device Hygee(TM) at Arab Health 2019, the biggest annual medical trade fair in the Middle East and North Africa (“MENA”) region (http://nnw.fm/Jp7CD). The company aims to introduce its Hygee medical testing kit during the first half of 2019. A recent article discussing the company reads, “ETST has formed a strategic partnership for Hygee’s manufacture with Dermagate, a company that specializes in the production of dermatology and wound-care products. Gaétan Houle, president of Dermagate, represented ETST at Arab Health 2019 and was accompanied by an eight-company delegation organized…

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TuesdayFeb 19, 2019 12:08 pm

NetworkNewsBreaks – QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) Mobilizes Diamond Drill and Support Crew to Irgon Lithium Mine Project

Quantum Minerals (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) this morning announced that it has mobilized a diamond drill and support crew to the company’s wholly-owned Irgon Mine Project. The project is located in the prolific Cat Lake-Winnipeg River rare-element pegmatite field of S.E. Manitoba, which also hosts Cabot Corporation’s nearby Tantalum Mining Corporation of Canada (“TANCO”) rare-element pegmatite. According to the update, QMC is initiating a two-phase drill program that intends to confirm and expand the Irgon property’s published historic resource (1.2 million tons grading 1.51 percent Li2O as previously calculated for Lithium Corporation of Canada). The program’s initial phase…

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