NetworkNewsBreaks

ThursdayFeb 07, 2019 11:17 am

NetworkNewsBreaks – CybiWealth’s Digital Platform Creates Greater Access to Low-Cost Investment in Market Leading Companies

Multifaceted financial news and publishing company NetworkNewsWire (“NNW”) today announced an update highlighting financial disruptor CybiWealth, which is presenting at this week’s London-based Finovate Europe conference. The company’s new digital investment platform is designed to create greater access to investing by enabling young and first-time investors to buy direct shares in global companies at extremely low costs. CybiWealth’s approach also allows investors to become the beneficial owners of the shares, allowing them to, unlike mutual funds, hold shares in their own name rather than indirect investment. The platform also simplifies the fee structure for investors with removal of administration and…

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ThursdayFeb 07, 2019 10:37 am

NetworkNewsBreaks – Supreme Cannabis Company Inc.’s (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) 7ACRES Expands Domestic Distribution Coast-to-Coast Across Eight Provinces

Supreme Cannabis Company (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced that its wholly owned subsidiary, 7ACRES, has entered into a supply agreement with the New Brunswick Liquor Corporation to supply recreational cannabis to its retail stores and has been registered as a supplier in the province of Saskatchewan. Per the update, Saskatchewan and New Brunswick are 7ACRES' seventh and eighth provincial partners in addition to British Columbia, Alberta, Manitoba, Ontario, Nova Scotia and PEI. “We're excited to announce that 7ACRES-branded products will be available for adult-use in eight Canadian provinces coast-to-coast,” Supreme Cannabis CEO Navdeep Dhaliwal said in…

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ThursdayFeb 07, 2019 10:20 am

NetworkNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) Engages First Member of New USA Advisory Team to Focus on Opportunities in CBD and Hemp

Redfund Capital Corp (CSE: LOAN) (Frankfurt: O3X4) (OTC: PNNRF) today announced that it has engaged New Jersey based Wingspan Advisors and Jerry Hug, the current director of global operations for Cloud Commerce, a U.S.-based data driven digital marketing company. Cloud Commerce provides data-driven digital marketing services, content creation and media buying to its clients through its wholly owned subsidiaries Parscale Digital, Datapropria, Giles Design and WebTegrity. Hug will be Redfund’s first advisor to the company’s newly-formed USA advisory team and will assist Redfund in positioning its current loan portfolio of branded products throughout the U.S. The Redfund team will focus…

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ThursdayFeb 07, 2019 9:39 am

NetworkNewsBreaks – Spectrum Global Solutions, Inc. (SGSI) Enters Definitive Agreement of Merger with WaveTech Global

Leading telecommunications engineering and infrastructure services provider Spectrum Global Solutions (OTCQB: SGSI) this morning announced its entry into a definitive agreement of merger with WaveTech Global Inc., a global next-generation technology platform company. WaveTech specializes in mobile network microservices, critical power management and efficiency, asset lifecycle extension, data-analytics, intellectual property development and implementation services. According to the update, the consolidated merged entity shall have an enterprise value of $130 million upon completion of the merger, effected through a sale and exchange of shares and cash, and acquisition of WaveTech and all of its assets and subsidiaries. In accordance with the…

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ThursdayFeb 07, 2019 9:27 am

NetworkNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) to Receive $30M in Additional Capital from Canopy Growth Corp. (TSX: WEED) (NYSE: CGC)

Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) this morning announced that it intends to increase its total investment in cannabis-focused investment and operating firm Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) by CAD $30 million. The investment will be made through a private placement of subordinated voting shares in the capital of Canopy Rivers concurrent with Canopy Rivers’ bought deal offering of subordinate voting shares for gross proceeds of approximately $55 million. Upon closing of the investment, which is expected to occur on or about February 27, 2019, Canopy Growth’s ownership of issued and outstanding shares of Canopy Rivers will increase…

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WednesdayFeb 06, 2019 3:38 pm

NetworkNewsBreaks – Why Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Is ‘One to Watch’

Canadian iron ore exploration and development company Black Iron (TSX: BKI) (OTC: BKIRF) (GR: BIN) is focused on advancing to production its wholly owned Shymanivske Iron Ore Project, located in Krivyi Rih, Ukraine, in the southern part of the historic KrivBass iron ore mining district. An article discussing the company reads, “Black Iron’s Shymanivske’s project, which is expected to produce ultra-high-grade 68 percent iron content pellet feed iron concentrate, is generating significant interest from steel mills and global commodity trading houses. Use of ultra-high-grade 68 percent iron content product in the production of steel is a value-added product to customers…

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WednesdayFeb 06, 2019 3:00 pm

NetworkNewsBreaks – QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) Foresees Potential Resource Expansion at Irgon Project

In its QMC year-end MD&A report, Quantum Minerals (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) referenced its progress, stating “as this new mineralized zone is being evaluated, it could quickly add potential resource expansion within the Irgon Project,” (http://nnw.fm/1pJNZ). An article further discussing the company reads, “After exploring the Irgon Site to identify possible extensions to the known dike and locating additional mineralized lithium-bearing pegmatite dikes within the company’s property, the company began working to expose the dike completely along the strike length. Subsequently, it launched a program of channel sampling to confirm and extend the zone of known spodumene (lithium) mineralization.…

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WednesdayFeb 06, 2019 2:40 pm

NetworkNewsBreaks – Kontrol Energy Corp. (CSE: KNR) (OTC: OTSHF) (FSE: 1K8) Cutting Cannabis Growers’ Costs While Driving Down Emissions

Kontrol Energy (CSE: KNR) (OTC: OTSHF) (FSE: 1K8), a smart energy technology company, is working to create a more sustainable future by decreasing energy use and emissions in the cannabis industry while simultaneously lessening the costs of cannabis cultivation. An article discussing the company reads, “Cannabis growers have begun to use Kontrol’s solutions, as traditional growing methods require large amounts of energy and are responsible for 30 percent of the growers’ expenses. By providing smart energy management and emission-compliance solutions, Kontrol is staying true to the company’s vision of actively participating in the creation of a more sustainable future. .…

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WednesdayFeb 06, 2019 12:43 pm

NetworkNewsBreaks – Spectrum Global Solutions Inc. (SGSI) Increasing Portfolio of Clients, Solutions through Acquisition

Spectrum Global Solutions (OTCQB: SGSI), a leading telecommunications engineering and infrastructure services provider, recently announced the acquisition of Telnet Solutions Inc. (TNS), a telecom service company. TNS offers design, installation and maintenance of structured cabling system solutions to the enterprise market. A recent article discussing the company reads, “The acquisition is expected to increase Spectrum Global’s portfolio of clients and solutions, company CEO Roger Ponder said in a news release. ‘We are very excited to bring this established, reputable and proven entity into our fold. Its focus on the enterprise market will drive higher margin, relationship-driven business to our Company,’…

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WednesdayFeb 06, 2019 10:31 am

NetworkNewsBreaks – Generation Alpha, Inc.’s (GNAL) New Cannabis Grow Lights Outperform Competition in Lab Tests

Vertically integrated cannabis technology innovator manufacturer and distributor Generation Alpha (OTCQB: GNAL) this morning announced favorable results for its new Solis Tek B9 LED light system. According to the update, an independent lab test by Californian based Light Laboratory Inc. confirms that Generation Alpha’s new Solis Tek B9 LED outperformed major competitors in the U.S. specialty lighting sector. In other controlled tests, the GNAL light system yielded 15 percent more flower while dispersing a lower heat rating than traditional 1000w HID fixtures. “Generation Alpha has continued to see increased demand of the new generation Solis Tek B9 LED lights with…

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