NetworkNewsBreaks Archive - Page 509 of 815

TuesdayJul 24, 2018 12:24 pm

NetworkNewsBreaks – Auscrete Corp. (ASCK) Finalizes Plans to Open Canadian Facility

US-based Auscrete (OTC: ASCK), a building materials manufacturing company, this morning announced that it is finalizing plans to set up a production plant near London, ONT with a Canadian investment group. The Canadian-based facility, which will be similar to the company’s WA head office facility, will be 75 percent owned by Auscrete. The Canadian investment group will hold the remaining 25 percent interest in the facility. Spiro Sapounas, head of the Canadian investment group, has met with the State and Federal Governments as the facility may be eligible to receive financial involvement and assistance. “Based on the conservative model of…

TuesdayJul 24, 2018 11:08 am

NetworkNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Launches Medicinal Cannabis Division

PreveCeutical Medical (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) this morning announced the launch of a medicinal cannabis division, advancing PreveCeutical’s vision of becoming a global preventive healthcare company. The cannabis division’s responsibilities include bringing various high-quality, medicinal cannabis-based products to market and managing the company's nasal delivery Sol-gel research program as well as any resulting formulations. The cannabis division’s products will include transdermal patches, topical creams, capsules and other methods of administering medicinal cannabis. "The opening of the cannabis division at this crucial moment is very exciting and continues to move the company in an important direction. With Canada's upcoming…

TuesdayJul 24, 2018 10:34 am

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Inks LOI to Increase Acreage and Resources in Utah

Fully integrated oil and gas company Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF) today announced that it has signed a non-binding Letter of Intent (“LOI”) to pursue additional acreage and resources in Utah. The company has reached an agreement with Mareton Alliance LP regarding the acquisition of leases and resources in the Utah Oil Sands Region that meet all the criteria set out by Petroteq’s management and board. Further details, including the pricing and structure of the transaction, have yet to be finalized. “Growing our asset base is a key initiative that I have been pushing since my arrival at Petroteq…

TuesdayJul 24, 2018 10:08 am

NetworkNewsBreaks – QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) Initiates Planning for MMI Geochemical Survey at Irgon Mine Project

Mineral resource company QMC Quantum Minerals Corp. (TSX.V: QMC) (FSE: 3LQ) (OTC: QMCQF) this morning issued an update on its 100 percent-owned Irgon Mine Project located within the prolific Cat Lake-Winnipeg River rare-element pegmatite field of Southeast Manitoba. Per the update, QMC has initiated planning of a Mobile Metal Ion (“MMI”) geochemical survey over selected target areas within the Irgon Project footprint. MMI geochemistry is a proven advanced geochemical exploration technique used to locate mineral deposits. SGS Canada Inc., the sole provider of MMI technology, will offer technical support and consulting services to undertake the MMI survey. QMC notes that…

TuesdayJul 24, 2018 10:06 am

NetworkNewsBreaks – DPW Holdings, Inc. (NYSE American: DPW) Announces Microphase Corp.’s $2.1M Contract with U.S. Defense Contractor

Diversified holding company DPW Holdings, Inc. (NYSE American: DPW) this morning announced that Microphase Corporation, a majority-owned subsidiary of Coolisys Technologies, Inc., a part of DPW Holdings’ diversified portfolio, secured a $2.1 million contract award from a first-tier U.S. government defense contractor to supply its sophisticated communications filters to be used in combat warfare system components. Since October 2015, Microphase has supplied earlier versions of the component to this defense contractor. Shipment of the component is anticipated to begin in late 2018 or early 2019. “We are committed to our customers and believe this significant, multi-year follow-on order illustrates our…

TuesdayJul 24, 2018 9:31 am

NetworkNewsBreaks – Victory Square Technologies Inc. (CSE: VST) (OTC: VSQTF) (FRANKFURT: 6F6) (WKN: A2AKL8) Enters Definitive Agreement to Acquire Stake in Cloud Benefit Solutions Inc.

Victory Square Technologies (CSE: VST) (OTC: VSQTF) (FRANKFURT: 6F6) (WKN: A2AKL8), a venture builder that creates, funds and empowers entrepreneurs, this morning announced that it will acquire 15% percent of all issued and outstanding shares of Cloud Benefit Solutions Inc. (“Cloud Advisors”) for $300,000 CAD in total consideration, subject to all requisite regulatory approvals. Cloud Advisors is an established and rapidly growing Software-as-a-Service (SaaS) platform within the group life and health insurance industry. The purchase price will be paid by the company through cash installments, pursuant to a definitive share purchase agreement to be executed between Victory Square and Cloud…

TuesdayJul 24, 2018 9:30 am

NetworkNewsBreaks – FANDOM SPORTS Media Corp. (CSE: FDM) (OTC: FDMSF) (FRA: TQ42) Aims to Bolster Investor Relations with Nomination of IR Manager

Fan-focused entertainment company FANDOM SPORTS Media Corp. (CSE: FDM) (OTC: FDMSF) (FRANKFURT: TQ42) this morning announced that it has increased its ability to communicate with global investors by appointing a dedicated IR manager. The company has nominated Eric Bau for the position. Per the update, Bau is familiar with the North American investment community and is excited to reconnect with the community on behalf of FANDOM SPORTS. Additionally, the company has renewed its contract with Investing News. FANDOM SPORTS notes that this contract will help it connect with the global audience of retail and institutional investors who visit the Investing…

MondayJul 23, 2018 3:23 pm

NetworkNewsBreaks – QMC Quantum Minerals Corp.’s (TSX.V: QMC) (OTC: QMCQF) (FSE: 3LQ) Irgon Mine Property Presents Great Potential

QMC Quantum Minerals’ (TSX.V: QMC) (OTC: QMCQF) (FSE: 3LQ) flagship Irgon Mine Property holds the potential for a quick fire-up of economic successes. The Irgon Property boasts a clear competitive advantage for the company, as historical exploration at the site in the 1950s included underground development and the construction of a mill (http://nnw.fm/hYbW2). An article discussing the company reads: “Although the mill has since been dismantled, its underground complex of shaft, drifting and crosscuts still exist and should facilitate a full metallurgical assessment of the mine’s potential while initiating production at pilot scale. Infrastructure to operate the mill and provide…

MondayJul 23, 2018 12:31 pm

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) Explores Conflict-free Cobalt

Cobalt exploration and development company First Cobalt’s (TSX.V: FCC) (OTCQX: FTSSF) drilling program in Idaho is exploring a promising mineral strike for important tech-friendly metal. An article discussing the company reads: “First Cobalt has been focusing its recent exploration efforts on a mineralized strike in Idaho’s prolific Cobalt Belt that could have national security implications as well as an impact on the production of in-demand modern tech items ranging from smartphones to electric vehicles. … Discovering and developing North American cobalt supply sources has already been a priority among some mining companies, as concerns over changing tax laws and the human…

MondayJul 23, 2018 12:19 pm

NetworkNewsBreaks – Foresight Autonomous Holdings Ltd.’s (NASDAQ: FRSX) (TASE: FRSX) Advanced Technology Attracts Investors

Development stage technology company Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) through wholly owned subsidiary Foresight Automotive Ltd., has been developing proprietary stereoscopic technology that delivers real-time information to prevent accidents. An article discussing the company reads: “Foresight has developed three main products to date: QuadSight™, a breakthrough quad-camera vision system that sets the bar for autonomous vehicle vision; Eyes-On™, a unique stereo vision Advanced Driver Assistance System; and Eye-Net™, a cellular-based accident prevention solution designed to provide real-time pre-collision alerts to vehicles and pedestrians. … The company’s innovative automotive vision systems recently attracted private placement agreements from several…

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