NetworkNewsBreaks

TuesdayDec 05, 2017 9:33 am

NetworkNewsBreaks – Carl Data Solutions Inc. (CSE: CRL) (FSE: 7C5) (OTC: CDTAF) Inks LOI for Solid Waste Management Pilot

Carl Data Solutions Inc. (CSE: CRL) (FSE: 7C5) (OTC: CDTAF) this morning announced that it has signed a Letter of Intent (“LOI”) for an upcoming pilot project. In cooperation with Peak Disposal Services Inc., Carl Data is expanding further into the solid waste management sector of the Industrial IoT (“IIoT”) by developing an industrial-grade solid waste management monitoring system. Peak Disposal expects to implement the system once it is successfully tested. "The development and launch of this new service allows us to enter a new vertical in need of environmental IIoT monitoring solutions. We are sure Peak Disposal will see…

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TuesdayDec 05, 2017 8:27 am

NetworkNewsBreaks – Veritas Pharma Inc.’s (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) Cannevert Subsidiary Inks Material Transfer Agreement with the Institute for Medical Cannabis of Puerto Rico

Emerging pharmaceutical and IP development company Veritas Pharma (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) today announced that its research arm, Cannevert Therapeutics Ltd. (“CTL”), has signed a Material Transfer Agreement with the Institute for Medical Cannabis Corporation of Puerto Rico. Per the agreement, the Institute for Medical Cannabis will provide CTL with particular cannabis strains for upcoming human studies in the US territory. “We are pleased that Cannevert has identified a reputable producer that is focused on providing certified quality products, educating the medical community on the potential benefits of cannabis, and conducting clinical research on its products. They will…

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MondayDec 04, 2017 1:12 pm

NetworkNewsBreaks – Petrogress, Inc. (PGAS) Further Diversifies Revenue Stream with New Venture

Petrogress, Inc. (OTC: PGAS) has created a diversified revenue stream, giving it a significant advantage over similar companies working in the oil and gas shipping arena. A recent article discusses a recent venture and the formation of “PG Cypyard & Offshore Service Terminal Ltd. (“Cypyard”), through the company’s wholly owned subsidiary, Petrogress Int'l, LLC. The article states, “Cypyard is concluding negotiations for an operations and management agreement covering ports in Hellenic Cyprus, including the Port of Limassol, directly with the Cyprus Ports Authority. Current plans include a long-term lease with renewal options covering all in-place port facilities, including floating dock…

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MondayDec 04, 2017 1:10 pm

NetworkNewsBreaks – Cannabis Demand in Canada Creates Considerable Opportunity for ABcann Global (TSX.V: ABCN) (OTCQB: ABCCF)

As Canada prepares for the legalization of recreational marijuana in July 2018, analysts are noting a shortage of supplies compared to expected demand for cannabis products. The demand is expected to exceed about 1.3 million pounds, easily outpacing current annual production of 20,000 pounds by the country’s licensed producers. That creates tremendous opportunities for Canada’s top cultivators with the ability to expand their operations and increase supply. An article discussing this reads: “ABcann Global (TSX.V: ABCN) (OTCQB: ABCCF), has been licensed in good standing since 2014 with no history of product recalls, and proprietary computer-controlled production systems that have bolstered…

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MondayDec 04, 2017 10:27 am

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Reports High Grade 3.9% Cobalt in Kerr Lake

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning reported high grade cobalt assays to 3.9 percent at the historically-producing Juno mine, Kerr Lake area in Cobalt North (located north of the Drummond mine). The Kerr Lake surface sample results suggest that a broad hydrothermal system may exist in the area. Trent Mell, President & Chief Executive Officer, commented, “Juno is another example of a historic high grade cobalt mine on our land package that could be a target for bulk mining potential or as early feed to a centralized mineral processing facility within the Cobalt Camp. We will continue…

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MondayDec 04, 2017 10:00 am

NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Reports JV Partner Power Metals (TSX.V: PWM) High-Grade Sample Results at Case Lake Property

MGX Minerals (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning reported that joint venture partner Power Metals Corp. (TSX.V: PWM) announced assay results ranging from 6.04% to 7.14% Li2O, confirming the presence of high-grade spodumene in the Northeast dyke at Case Lake, Cochrane, Ontario. The assay results represent almost pure spodumene and Power Metals has planned a 2,000 metre drill program that will begin on the Northeast dyke in early January 2018 to determine the lithium grade. In reviewing these results and discussing the drilling project, Dr. Julie Selway, Power Metals VP of Exploration, stated, "We are extremely fortunate to…

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MondayDec 04, 2017 9:44 am

NetworkNewsBreaks – Carl Data Solutions Inc. (CSE: CRL) (FSE: 7C5) (OTC: CDTAF) Successfully Completes Assets Acquisition

Carl Data Solutions Inc. (CSE: CRL) (FSE: 7C5) (OTC: CDTAF) this morning announced that pursuant to the asset purchase agreement the company entered on November 30, 2017 with AB Embedded Systems Ltd., it has completed the acquisition of certain AB Embedded intellectual property assets, tangible assets, and intangible assets. The acquisition is comprised of a combination of hardware design and development tools which enables Carl Data to provide custom devices for its clients, as well as board prototyping and micro manufacturing equipment that permits the company to complete in-house product development. On November 30, the company issued AB Embedded 400,000…

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MondayDec 04, 2017 9:01 am

NetworkNewsBreaks – Emblem Corp. (TSX.V: EMC) (OTC: EMMBF) Provides 2018 Strategy Update Regarding Growth Plans

Licensed Canadian cannabis cultivation company Emblem Corp. (TSX.V: EMC) (OTC: EMMBF) this morning provided an update regarding its growth plans for 2018. The company’s incoming president and CEO Nick Dean intends to focus on meeting the expected surge in demand in the recreational cannabis sector through strategic partnerships and by increasing Emblem’s total production capacity. Dean also intends to ramp up patient acquisition in the medical cannabis market utilizing the company’s strengths and quality products. “Ultimately it’s about being relentlessly driven to deliver a strong return on investment and a solid balance sheet. We will also be mindful of strategic…

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MondayDec 04, 2017 8:23 am

NetworkNewsBreaks — Petroteq Energy Inc.’s (TSX.V: PQE) (OTCQX: PQEFF) Petrobloq Collaboration with First Bitcoin Capital Corp. (BITCF) Joins Enterprise Ethereum Alliance

Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF) today announced that PetroBLOQ, the company’s collaboration formed with First Bitcoin Capital Corp. (OTC: BITCF), has joined the Enterprise Ethereum Alliance (“EEA”), the world’s largest open-source blockchain initiative. PetroBLOQ’s novel blockchain-based oil and gas supply chain management platform is currently being co-developed by the two companies. Membership with the 200-member EEA represents a wide variety of industries and offers 14 industry-focused, member-driven working groups. “Joining this community of forward-looking enterprises and blockchain innovators is an important step for PetroBLOQ as we develop transformative solutions for the oil and gas industry,” Petroteq Energy CEO Alex…

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FridayDec 01, 2017 11:58 am

NetworkNewsBreaks – Veritone, Inc. (NASDAQ: VERI) Completes $25.8M Public Offering

Veritone (NASDAQ: VERI) recently successfully completed an underwritten public offering of 1,121,250 shares of its common stock which includes the underwriters’ fully exercised option to purchase 146,250 shares at the public offering price. Shares were sold at $23.00 per share resulting in the gross proceeds of approximately $25.8 million. Veritone intends to use the net proceeds of the offering toward working capital and other general corporate purposes, such as potential acquisitions, investments, services, technologies and intellectual property rights. ROTH Capital Partners and Craig-Hallum Capital Group LLC acted as joint book-running managers for the offering. To view the full press release,…

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