NetworkNewsBreaks

ThursdayApr 19, 2018 9:37 am

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Commences Refinery Restart Requirement Study

First Cobalt (TSX.V: FCC) (OTCQB: FTSSF) this morning announced that it has started a study of the First Cobalt Refinery to provide operating cost estimates for a future restart and expansion of the refinery. The refinery, located in the Canadian Cobalt Camp, is fully-owned by First Cobalt and is the only fully permitted cobalt refinery in North America that is capable of producing battery materials. The study will estimate the capital required to restart the refinery in its current configuration as well as an expansion scenario. "The First Cobalt Refinery is a unique and strategic asset that is fully permitted…

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ThursdayApr 19, 2018 9:10 am

NetworkNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Inks Definitive Agreement to Acquire Island Green Cure Ltd.

British Columbia-based cannabis cultivation firm Choom Holdings (CSE: CHOO) (OTCQB: CHOOF) this morning announced that it has entered into a definitive agreement to acquire Island Green Cure Ltd. ("IGC"), an advanced-stage cannabis production license applicant under Health Canada's Access to Cannabis for Medical Purposes Regulations (“ACMPR”). IGC is currently in the "Confirmation of Readiness Stage" in the application process. Subject to customary closing conditions, the acquisition is anticipated to close at the end of April. "We are excited to secure our second acquisition and increase our total production capacity with another craft growing facility to cultivate Choom's premium handcrafted flower.…

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WednesdayApr 18, 2018 3:28 pm

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Focuses on Renowned Ontario Property to Ethically Meet Surging Cobalt Demand

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF), in its goal of becoming the largest pure-play cobalt exploration and development company in the world, is focused on ethical mining in Canada. An article discussing this states, “First Cobalt has managed to sidestep the ethical concerns surrounding Central African cobalt mining, as well as the current budgetary difficulties brought on by the DRC’s fiscal policy changes, when the company made a strategic decision last year to abandon plans for an alliance over seven cobalt exploration properties in the Congolese region. The company instead decided to focus its efforts on the renowned Cobalt…

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WednesdayApr 18, 2018 2:39 pm

NetworkNewsBreak – Petrogress, Inc. (PGAS) Subsidiary Forms Strategic Partnership to Expand Footprint in West Africa

Petrogress, Inc. (OTC: PGAS) subsidiary Petrogress Co., Ltd. (“PGL”) has entered into a partnership agreement with Platon Gas Oil Ghana aimed at combining efforts in the processing of crude oil into refined petroleum products for marketing and distribution in Ghana and neighboring countries. Regarding the partnership, Petrogress CEO Christos P. Traios stated, “We are excited about our partnership with Platon and believe it is an excellent opportunity for Petrogress to not only expand its West Africa supply operations but also to join with a strong, experienced refinery partner. The needs and demand for refined petroleum products in Ghana and neighboring…

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WednesdayApr 18, 2018 2:32 pm

NetworkNewsBreaks – Medical Cannabis Payment Solutions (REFG) Unveils Plans to Offer Bank Accounts to Licensed MMJ Establishments

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) today announced that it will begin offering bank accounts to qualified and licensed medical marijuana establishments. Per the update, the company’s website, www.Take.green, will soon be updated to allow online applications for banking services. “State licensed medical marijuana establishments should not be sidelined out of the basic banking services they need because of flaws and limitations to our federal medical marijuana policy,” Jeremy Roberts, CEO of REFG, stated in the news release. “Because of our end-to-end payment system, our successful government relations program, our focus on regulatory compliance, we believe…

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WednesdayApr 18, 2018 1:30 pm

NetworkNewsBreaks – AzurRx BioPharma Inc. (NASDAQ: AZRX) Releases Positive AZX1103 Preclinical Results

AzurRx BioPharma Inc. (NASDAQ: AZRX) today released positive results for preclinical testing of its AZX1103 product, a b-lactamase enzyme combination treatment designed to prevent hospital-acquired gastro-intestinal infections for patients receiving antibiotics in the hospital setting. As stated in the press release, “The series of preclinical studies investigated oral delivery of AZ1103 using three different capsule formulations: immediate-release, enteric-delivery or colonic-delivery. In all three formulations and at all doses tested, AZ1103 appeared to be well tolerated.  No side effects were observed and the animals showed normal behavior, standard food consumption and body weight gain. There was no evidence of acute toxicity,…

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WednesdayApr 18, 2018 11:05 am

NetworkNewsBreaks – Sharing Services, Inc. (SHRV) Offers Entrepreneurs a Path to Success

Diversified holding company Sharing Services (OTC: SHRV) owns, operates or controls interest in a broad range of companies that specialize in direct selling. An article discussing the company reads: “Sharing Services’ complementary companies either sell products to the consumer directly through independent representatives or offer services that range from travel benefits to health and wellness, energy, technology, insurance services, training and media. … Sharing Services is nurturing a growing international network of home-based entrepreneurs, called ‘Elepreneurs’, that share the company’s collective products and services. The company’s first convention in Dallas attracted participants from the U.S., Canada, Mexico, Singapore and Hong…

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WednesdayApr 18, 2018 10:08 am

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Provides Update on US Cobalt Transaction

Cobalt exploration and development companies First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) and US Cobalt Inc. (TSX.V: USCO) (OTCQB: USCFF) this morning announced that US Cobalt has mailed its management information circular, relating voting materials and letters of transmittal to its shareholders in connection with the special meeting of US Cobalt security holders scheduled to take place on May 17, 2018. At the meeting, US Cobalt security holders will be asked to approve the previously announced plan of arrangement transaction pursuant to which First Cobalt will acquire all of the issued and outstanding shares of US Cobalt, with US Cobalt…

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WednesdayApr 18, 2018 9:41 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Enters LOI to Acquire Phoenician Engineering

Specialized holding company SinglePoint, Inc. (OTCQB: SING) this morning announced its entry into a letter of intent to wholly acquire Phoenix-based Phoenician Engineering, a provider of both consumer and commercial grade equipment. Phoenician’s main products include medical grade grinders for consumers, which are currently available in dispensaries throughout America. Per the update, Phoenician currently has nine issued patents, three trademarks and additional patents pending, offering an opportunity for SinglePoint to expand its IP portfolio and add to its growing asset class. “We are ready to close this deal,” Greg Lambrecht, CEO of SinglePoint, stated in the news release. “We have…

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WednesdayApr 18, 2018 9:19 am

NetworkNewsBreaks – Marijuana Company of America, Inc. (MCOA) Joint Venture Completes First Phase of Greenhouse Construction

Innovative hemp and cannabis corporation Marijuana Company of America, Inc. (OTC: MCOA) this morning announced that its joint venture project, BV-MCOA Management, LLC, has completed the construction of three greenhouses totaling 7,000 square feet. Per the update, this milestone represents the completion of more than 23 percent of the total 30,000-square-foot cultivation facility. “We are pleased to see the completion of the first phase of the greenhouse facilities,” Donald Steinberg, CEO of MCOA, stated in the news release. “Once the security system is in place, we are confident the site will pass final inspection allowing our tenant-growers to occupy the…

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