NetworkNewsBreaks

ThursdayFeb 23, 2023 1:21 pm

NetworkNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Begins Trading on Toronto Stock Exchange

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) has obtained conditional approval to list its common shares on the Toronto Stock Exchange (“TSX”). According to the announcement, Eloro shares will trade under the trading symbol: ELO. The announcement also noted that the listing is subject to Eloro Resources fulfilling certain requirements of the TSX; those terms were outlined in a conditional approval letter that was dated Feb. 22, 2023. “This is a significant milestone for Eloro and its shareholders,” said Eloro Resources CEO Thomas Larsen in the press release. “The TSX is one of the world's pre-eminent exchanges for mineral…

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ThursdayFeb 23, 2023 1:16 pm

NetworkNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Releases Q1 Financial Report with Record $10.5M Revenues

Golden Matrix Group (NASDAQ: GMGI), a developer, licensor and global operator of online gaming and eCommerce platforms, systems, and gaming content, is reporting record revenues for its first quarter, ending Jan. 31, 2023. The report shows that revenues reached more than $10.5 million for the quarter, an estimated 19% improvement on $8.8 million revenues for the same quarter last year and a 10% increase over $9.57 million revenues for the previous quarter. Additional financial results for the quarter will be available in GMGI’s quarterly report on 10-Q filing, which should be filed on or before March 15, 2023. “Our new…

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ThursdayFeb 23, 2023 11:38 am

NetworkNewsBreaks – Sugarmade Inc. (SGMD) Moves to Create Dynamic New PubCo Targeting Hospitality, Entertainment and Multimedia Production Sectors

Sugarmade (OTC: SGMD), a product and branding marketing company investing in operations and technologies with disruptive potential, today announced its entry into a binding letter of intent (“LOI”) to acquire the real estate assets and businesses of Treasure Mountain Holdings, LLC and Victorville Treasure Holdings, LLC. Management believes that the full resolution of this strategic process will result in two new dynamic growth-oriented business entities. These include a legacy OTC company engaged in the legal cannabis marketplace and a new NASDAQ-listed company involved in hospitality, entertainment and multimedia flex-makerspace operations. “This deal will carry multiple synergistic elements and tremendous value…

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ThursdayFeb 23, 2023 10:55 am

NetworkNewsBreaks – SideChannel Inc. (SDCH) CEO Says Cannabis Companies Must Catch up in Benzinga Article

SideChannel (OTCQB: SDCH), a provider of cybersecurity products and services to emerging, middle-market and enterprise companies, was featured in a recent Benzinga article. The piece, titled “EXCLUSIVE: Ex-KGB Cyber Criminals with Ties to Moscow Could Steal Your Cannabis Business Info & Money, Expert Warns,” includes excerpts from an exclusive interview with SDCH founder and CEO Brian Haugli. “Forget the evil nerd in a dark basement. That’s Hollywood. Most likely, if you’re in the cannabis industry, your hackers are part of global organizations that have turned hacking into a lean, mean money-making machine,” the article reads. “Haugli explained that cannabis companies…

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ThursdayFeb 23, 2023 10:07 am

NetworkNewsBreaks – Cybin Inc. (NEO: CYBN) (NYSE American: CYBN) Announces Plan to Streamline Efforts, Maximize Efficiency, Focus on Clinical Trials

Cybin (NEO: CYBN) (NYSE American: CYBN), a biopharmaceutical company focused on progressing Psychedelics to Therapeutics(TM), has announced a strategic plan designed to streamline efforts, maximize operating efficiency and focus on critical clinical trials, including near-term, mid-term and long-term milestones. A part of that plan was the release of an estimated 15% of Cybin’s workforce, including those in roles that were identified as not a clinical priority or not directly involved with any clinical trial initiatives. This move alone is expected to generate cost savings by reducing operating expenses. The announcement noted that with the anticipated cost savings from the overall streamlining…

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WednesdayFeb 22, 2023 2:14 pm

NetworkNewsBreaks – Correlate Infrastructure Partners Inc. (CIPI) Deploying Clean Energy Generation and Energy Efficiency Solutions at Scale

Correlate Infrastructure Partners (OTCQB: CIPI), a tech-enabled development, finance and fulfillment platform for distributed energy solutions across North America, is focused on retrofitting existing commercial buildings with renewable energy solutions, thereby reducing their carbon footprint and overall energy consumption. “Through its industry-leading energy solution and financing platform for the commercial and industrial sectors, Correlate is helping to reduce site-specific energy use. It does so while also deploying clean energy generation and energy efficiency solutions at scale, ultimately helping mitigate the effects of climate change,” a recent article reads. “With a significant amount of a building’s energy spent on heating, cooling…

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WednesdayFeb 22, 2023 1:44 pm

NetworkNewsBreaks – Coyuchi Inc. Leveraging Omnichannel and Circular Business Model to Disrupt Organic Textile Market

Coyuchi, the gold standard in sustainable luxury home goods, has been driven by four foundational pillars: protecting the planet, innovating circular design, sustainable living, and community enrichment. “Coyuchi’s line of products includes luxury organic bedding, sheets, towels, apparel, and other home goods, which are produced using 100% organic cotton materials. With a seasoned leadership team, a robust e-commerce shopping experience, and a healthy customer base, Coyuchi is preparing to enter a new phase of growth as the world awakens to sustainability at scale… Coyuchi continues to push the organic textile market forward through its circular initiatives and supporting cross-industry sustainability.…

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WednesdayFeb 22, 2023 12:29 pm

NetworkNewsBreaks – DX3 Canada to Showcase Retail, Marketing, Tech Trends and Innovators

DX3 Canada, the largest conference and trade show in Canada dedicated to retail, marketing and technology, is slated to take place at the Toronto Congress Centre on March 1-2, 2023. A response to the rapid changes and unforeseen shocks that will likely continue to rock the retail sector, DX3 Canada is at the forefront of cutting-edge thought leadership at the cross-section of three exciting sectors. The event anticipates bringing together 15+ exhibitors, 150+ engaging speakers and 2,000+ attendees to share and glean insight from retail, tech and marketing innovators in a post-pandemic world that has ushered in new online business…

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WednesdayFeb 22, 2023 12:24 pm

NetworkNewsBreaks – Zeeve Announces Passing of Globally Recognized Compliance Audit Standards

Zeeve, the leading blockchain infrastructure provider, is reinforcing its commitment to security and data privacy with the passing of globally recognized ISO, SOC 2 Type II, and GDPR compliance audit standards. The company underwent a comprehensive assessment that measured its platform practices against AICPA, IEC/ISO and GDPR standards; the assessment confirmed that Zeeve’s policies, procedures and operations meet best-in-class standards in this area of expertise. According to the announcement, the ISO and GDPR compliance audits were conducted by BQC Assessment Pvt Ltd, an independent audit and assessment firm, with the SOC2 Type II audit performed by Accorp Partners. “At Zeeve,…

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WednesdayFeb 22, 2023 12:17 pm

NetworkNewsBreaks – SideChannel Inc. (SDCH) CEO Says Cannabis Companies Must Catch up in Benzinga Article

SideChannel (OTCQB: SDCH), a provider of cybersecurity products and services to emerging, middle-market and enterprise companies, was featured in a recent Benzinga article. The piece, titled “EXCLUSIVE: Ex-KGB Cyber Criminals with Ties to Moscow Could Steal Your Cannabis Business Info & Money, Expert Warns,” includes excerpts from an exclusive interview with SDCH founder and CEO Brian Haugli. “Forget the evil nerd in a dark basement. That’s Hollywood. Most likely, if you’re in the cannabis industry, your hackers are part of global organizations that have turned hacking into a lean, mean money-making machine,” the article reads. “Haugli explained that cannabis companies…

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