NetworkNewsBreaks Archive - Page 1860 of 1964

FridayJun 16, 2017 12:01 pm

NetworkNewsBreaks – Lonestar Resources (NASDAQ: LONE) Closes Eagle Ford Shale Acquisitions

Lonestar Resources (NASDAQ: LONE) this morning said it has closed on the previously announced Eagle Ford Shale acquisitions in Karnes, Gonzales, DeWitt, Lavaca and Fayette Counties. The acquisition comprises of approximately 30,219 gross or 21,238 net acres. Lonestar has previously estimated the area to have proven reserves of approximately 31.4 million barrels of oil equivalent. The company paid approximately $110.6 million to close the transaction, consisting of $99 million in cash and approximately 2.7 million shares of its Class B Convertible Preferred Stock. Lonestar's senior secured facility was increased from $112 million to $160 million after closing these acquisitions. Additionally,…

FridayJun 16, 2017 9:21 am

NetworkNewsBreaks – Kootenay Zinc Corp. (CSE: ZNK) (OTCQB: KTNNF) Offers Update on Sully Project Exploration

Mineral exploration and development company Kootenay Zinc Corp. (CSE: ZNK) (OTCQB: KTNNF) this morning issued an update on its exploration activities and upcoming drill testing at the Sully project. Notably, field programs have continued through May and early June with a specific focus on the company’s E3 target, including detailed gravity surveying, interpretation and mass modeling, prospecting and mapping, soil geochemistry sampling, drilling preparations and road/access preparations. Excel Geophysics recently completed interpretation and mass modeling of this new data, identifying a “well-defined, sizeable and discreet anomaly at this target location.” Brian Jones, principle of Excel Geophysics, noted E3’s attractiveness as…

ThursdayJun 15, 2017 3:52 pm

NetworkNewsBreaks – MYM Nutraceuticals, Inc. (MYMMF) Appoints New Executive Chairman; Details Insider Share Purchases

MYM Nutraceuticals (CSE: MYM) (OTC: MYMMF) earlier this month appointed Erick Factor to the company’s board of directors and as executive chairman. As the founder of Vancouver-based “Westcoast Medicann” dispensary, Factor has 20 years of experience in cultivating medical marijuana and manufacturing cannabis by-products, and he has provided medical marijuana to thousands of patients over the past two decades. Additionally, the company released a list of company insiders who bought shares in the last private placement at $0.18; total proceeds from insider share purchases totaled $343,137.96. To view the full press release, visit: http://nnw.fm/e8PuU About MYM MYM Nutraceuticals Inc. (CSE:MYM)…

ThursdayJun 15, 2017 12:16 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on June 15, 2017

Here is a list of stocks shaking up the markets today, with particular focus on NASDAQ and OTC small caps. The top gainers based on percentage: SKLN 24.59% – News: STREAMWAY® System receives CE mark AMMJ 11.01% – News: Secures second client in the state of Ohio VBLT 6.67% – News: Appoints new U.S. chief operating officer EKSO 6.09% – News: Enters collaboration with four rehabilitation facilities to establish Centers of Robotic Excellence CTSO 6.05% – News: Directors and management purchase a total of 20,000 shares of common stock on the open market ZENO 4.97% – News: Receives notice of…

ThursdayJun 15, 2017 12:16 pm

NetworkNewsBreaks – Concert Pharmaceuticals, Inc. (NASDAQ: CNCE) Reiterated with “Buy” Rating at Aegis Capital

Aegis Capital has reiterated a ‘Buy’ rating and price target of $25 on shares of Concert Pharmaceuticals, Inc.’s (NASDAQ: CNCE) stock following news that the company has entered into a $30 million venture debt financing agreement with Hercules Capital, Inc. The analyst noted that the deal helps extend the company’s cash runway by bringing Concert’s cash on hand to approximately $114 million, which should fund operations through the end of 2018. Additionally, the analyst noted the company’s upcoming catalysts, including the close of its CTP-656 deal in the fourth quarter of 2017; a CTP-543 phase 2a trial in Alopecia Areata expected in…

ThursdayJun 15, 2017 12:15 pm

NetworkNewsBreaks – SinglePoint’s (SING) Bitcoin Solution Could Make Marijuana Industry’s Banking Problems a Thing of the Past

Marijuana has now been legalized in some form in 29 states and in the District of Columbia, yet marijuana dispensaries and other cannabis-related businesses lack access to banking options, forcing them to conduct cash only transactions. SinglePoint, Inc. (OTC: SING) may at last have found the answer for these currently “unbankable” businesses by developing a bitcoin payment solution that would enable cannabis users to purchase marijuana products using debit or credit cards. “The company’s SingleSeed subsidiary is already engaged in offering mobile marketing and payment solutions to businesses in the marijuana industry, including cashless ATM, Pay-by-Text™ and text message marketing.…

ThursdayJun 15, 2017 12:12 pm

NetworkNewsBreaks – ShotSpotter, Inc. (NASDAQ: SSTI) Closes IPO, Raising $34.5M

ShotSpotter (NASDAQ: SSTI) recently announced the closing of its initial public offering of common stock. The gunfire detection and solutions company sold to the underwriters 3,220,000 shares of common stock at a public offering price of $11 per share, which includes the underwriters’ fully exercised over-allotment option of 420,000 shares. Before deducting underwriting discounts and commissions and estimated offering expenses, total proceeds from the offering totaled approximately $35.4 million. Roth Capital Partners acted as the sole book-running manager for the offering and as the representative of the underwriters. Northland Capital Markets acted as co-lead manager and Imperial Capital acted as…

ThursdayJun 15, 2017 10:30 am

NetworkNewsBreaks – Net Element, Inc.’s (NASDAQ: NETE) Enhanced Aptito Processing System Accommodates Digital Changes in Modern Commerce

Net Element, Inc. (NASDAQ: NETE) is zeroing in on the growth potential of its Aptito processing and management system, which offers digital menus, social media collaboration, mobile ordering and a suite of business management solutions to bring an establishment into the digital age. “Net Element is a financial technology group which, in an omni-channel environment, digitally processes global transactions in what is becoming a world of cashless processing. From point-of-sale and mobile devices, Net Element processes electronic payments. In the first quarter of 2017, the company generated 81% of its worldwide revenue from North American transactions — compared to 70%…

ThursdayJun 15, 2017 8:51 am

NetworkNewsBreaks – Player’s Network, Inc. (PNTV) Bolsters Leadership Team through Addition of Nevada Assistant Controller Geoffrey Lawrence as CFO, CCO

Player’s Network, Inc. (OTCQB: PNTV) this morning announced its appointment of Nevada Assistant Controller Geoffrey Lawrence as the company’s chief financial officer and chief compliance officer, effective July 1, 2017. “Geoffrey is a senior-level operator who will help us fulfill our commitment to our shareholders and the investment community insofar as our goals of increased transparency and stronger corporate governance,” Mark Bradley, CEO of PNTV, stated in the news release. “As PNTV continues to grow its assets, it is necessary that we assemble a strong first-class management team, and Geoffrey is a perfect fit, bringing to the table the necessary…

WednesdayJun 14, 2017 2:13 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on June 14, 2017

Here is a list of stocks shaking up the markets today, with particular focus on NASDAQ and OTC small caps. The top gainers based on percentage: ESSI 28.95% – News: Law office notifies investors of class action lawsuit MTBC 20.78% – News: Launches MTBC WebSoft™ MSDI 14.55% – News: Nasdaq Stock Market accepts company’s plan to regain compliance AEMD 13.12% – News: Presenting at the 2017 BIO International Convention on June 21 AMMJ 12.68% – News: Secures first client in North Dakota GRWC 11.11% – News: Highlighted in a recent comprehensive research report STLT 5.64% – News: Signs manufacturing agreement…

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