NetworkNewsBreaks Archive - Page 989 of 1739

ThursdayJul 02, 2020 11:06 am

NetworkNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Closes June with Continued Sales Momentum, Posting Second-Best Week in Its History

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today announced that it closed out the month of June with continued sales momentum, posting its second-best week in Company history, with over $550,000 in sales of cannabis products (an annualized pace of better than $28 million). “It’s no surprise that we keep setting or closing in on new record sales numbers for days, weeks, months,” Simon Yu, CEO of Cannabis Strategic Ventures, said in the news release. “It’s hard to imagine that we won’t see this continue in July, August and beyond. This is the product…

ThursdayJul 02, 2020 10:37 am

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Announces Plans for Asphalt Ridge Following Valkor and TomCo JV

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), an integrated oil ‎company focused on the development and implementation of its proprietary oil-‎extraction and remediation technologies, noted today’s earlier announcement issued by TomCo Energy PLC. Per the update, following the establishment by TomCo of a joint venture company, Greenfield Energy LLC (“Greenfield”) with Valkor LLC (“Valkor”) on June 17, Greenfield will take over the management and operations of Petroteq's oil sands plant at Asphalt Ridge, Utah (the “POSP”). As indicated in TomCo’s announcement, Greenfield intends to make certain upgrades to the POSP and undertake tests to assess its potential commerciality. Valkor remains party…

ThursdayJul 02, 2020 10:13 am

NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Announces Two Orders that Mark Significant Commercial Milestone

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced its receipt of two orders for product development and customization from Elbit Systems Land Ltd., a subsidiary of Elbit Systems Ltd. (NASDAQ: ESLT), the leading Israeli defense company. Elbit Systems is Foresight’s first commercial customer. According to the update, Foresight will supply a QuadSight prototype system with wide-angle field-of-view detection capabilities designed to meet Elbit’s requirements. “These orders mark a significant commercial milestone in both our business roadmap and relationship with our partner Elbit Systems,” Foresight’s CEO Haim Siboni said in the news release. “Entering…

ThursdayJul 02, 2020 9:47 am

NetworkNewsBreaks – Appreciated Media Holdings Inc. (TSXV: AMH) (OTCQB: AMEFF) Acquires “Celebrity Face Off” and Co-Develops “Cyclone”

Appreciated Media Holdings (TSXV: AMH) (OTCQB: AMEFF) today announced the close of its previously announced acquisition of the pilot, concept, plots, themes, formats, characters, title and other elements and aspects for a television show entitled "Celebrity Face Off.” Created by Doug Magallon, Celebrity Face Off combines concepts of “Jeopardy!” and the “Wheel of Fortune,” where contestants, behind the façade of the renowned Red Carpet, attempt to simultaneously solve a trivia question and a puzzle. In addition to the acquisition, Appreciated Media announced that it has co-developed a new game show called "Cyclone" - a vertical show that pits contestants against…

ThursdayJul 02, 2020 9:00 am

NetworkNewsBreaks – Altum Resource Corp. Changes Corporate Name to GoldHaven Resources Corp. (CSE: GOH), Announces AGM Date

Altum Resource (CSE: ALTM) on Tuesday announced a corporate name change to "GoldHaven Resources Corp." to better reflect the company’s emphasis on acquiring, exploring and developing precious metal properties in the Americas. Per the update, the company’s common shares will begin trading on the Canadian Securities Exchange under its new name and trading symbol "GOH" at market open on July 3, 2020. In addition, the company announced that its 2020 annual general meeting of shareholders will take place on Wednesday, August 19, 2020 at 10:00 am (Vancouver Time) at the head office of the Company, located at #2300 - 1177…

WednesdayJul 01, 2020 1:06 pm

NetworkNewsBreaks – Cybin Corp. Announces Reverse Take-Over and Up-To $21M Concurrent Private Placement

Cybin Corp., a mushroom life sciences company focused on psychedelic medicines and nutraceutical products, on Monday announced its entry into an amalgamation agreement dated June 26, 2020, with Clarmin Explorations Inc. (TSX.V: CX) and 2762898 Ontario Inc., a wholly-owned subsidiary of Clarmin. According to the update, completion of the transactions contemplated in the agreement will result in the reverse takeover of Clarmin by Cybin (the “Proposed Transaction”). In connection with the Proposed Transaction, Cybin plans to complete a “best-efforts” brokered private placement of subscription receipts of Cybin, with a syndicate of agents co-led by Stifel Nicolaus Canada Inc. (“Stifel GMP”)…

WednesdayJul 01, 2020 12:34 pm

NetworkNewsBreaks – Sparta Capital Ltd. (TSX.V: SAY) Article Features Next-Gen Power Trends

Sparta Capital (TSX.V: SAY) recently released an article written by its President John O’Bireck titled, “The Power Plant of the Future may be Right in Your Home.” The piece features industry examples of the proper application of technology and its ability to reduce emissions while decreasing operating costs. The article reads, “So we were pleased to read how a community in Colorado embraced the challenge of turning their housing community into a decentralized power plant, as published in an article written by Daniel Oberhaus in the April issue of Wired Magazine. Not only do the communities he writes about have…

WednesdayJul 01, 2020 12:12 pm

NetworkNewsBreaks – KBL Merger Corp. IV (NASDAQ: KBLM) Announces Successful Closing of Bridge Financing

KBL Merger Corp. (NASDAQ: KBLM) (KBL Merger Corp. Rights NASDAQ: KBLMR) (KBL Merger Corp. Warrant NASDAQ: KBLMW), a Special Purpose Acquisition Corporation (SPAC) that previously announced the signing of a definitive agreement to acquire CannBioRx Life Sciences Corp. (now to be referred to as "180 Life Sciences"), on Monday announced successful closing of a bridge financing, the proceeds of which will be used for working capital to complete the merger and advance its clinical programs. Per the update, Dr. James Woody will become Chief Executive Officer of 180 Life Sciences, and Dr. Larry Gold will be appointed to its Board…

WednesdayJul 01, 2020 11:51 am

NetworkNewsBreaks – Sugarmade, Inc.’s (SGMD) BudCars Achieves Another Breakout Month With Record Growth in Every Metric

Sugarmade (OTCQB: SGMD), together with its BudCars Cannabis Delivery Service (“BudCars”), today provided current and prospective shareholders with BudCars performance data for the month of June. According to the update, BudCars achieved total sales of $502,903 in June, representing 36% sequential monthly top-line growth, with total sales and profits now growing by more than 30% m/m for the third consecutive month. “June was another breakout month for BudCars growth across basically every single metric important to gauging our progress,” Jimmy Chan, CEO of Sugarmade, stated in the news release. “Our pricing improved. Our average order improved. We did more business…

WednesdayJul 01, 2020 11:26 am

NetworkNewsBreaks – Jerrick Media Holdings Inc.’s (JMDA) Newly Appointed CFO to Present at Shareholder Meeting

Jerrick Media Holdings (OTCQB: JMDA), a technology company and the parent company of Vocal, recently announced the appointment of three new executives to its leadership team, including Chelsea Pullano as chief financial officer (“CFO”), effective immediately. A six year veteran of the firm, Pullano will address attendees and provide an insightful and unique presentation at next week’s shareholder meeting. The meeting is scheduled to take place at 4:30 p.m. Eastern Time on Wednesday, July 8, 2020. Interested parties are reminded to pre-register at http://nnw.fm/Yt2qJ. For more information, visit https://Jerrick.media. About Jerrick Jerrick Media Holdings, Inc. is the parent company and…

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