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WednesdayApr 07, 2021 10:41 am

NetworkNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Announces Completion of Debentures Conversion

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis and hemp-branded products company in the United States, has completed its previously announced debenture conversion. The debenture, which was due on Feb. 28, 2024, was comprised of certain 12% secured debentures. The announcement noted that the debentures were converted following the terms of the first supplemental indenture, which was dated Feb. 25, 2021, and made between Plus Products and the Odyssey Trust Company. Specifically, the debentures were converted into 5,252,631 subordinate voting shares, which were  issued at a conversion price of C$0.95 per share. An additional 20,005 debentures remain outstanding; those debentures,…

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WednesdayApr 07, 2021 10:35 am

NetworkNewsBreaks – Exro Technologies Inc. (TSX.V: EXRO) (OTCQB: EXROF) Releases Q4, Full Year Financial Numbers

Exro Technologies (TSX.V: EXRO) (OTCQB: EXROF), a leading clean-technology company that has developed a new class of power electronics for electric motors and batteries, has released its financial numbers for the period ending Dec. 31, 2020. Company highlights for the year include the successful close of a short-form prospectus offering, which resulted in gross proceeds of almost C$50 million; the opening of its Calgary Innovation Center, a facility designed for in-house design, testing, and assembly of prototypes; the completion of the engineering validation on the 100 Volt Coil Driver for electric cars; and successful technology validation on its Battery Control…

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WednesdayApr 07, 2021 10:15 am

NetworkNewsBreaks – Kaival Brands Innovations Group Inc. (KAVL) to Discuss Corporate Update on Upcoming April Investor Call

Kaival Brands (OTC: KAVL), a company focused on growing and incubating innovative and profitable products into mature and dominant brands in their respective markets, has scheduled an investor call for Wednesday, April 14. Hosted by Kaival Brands CEO Niraj Patel, the call will kick off at 5 p.m. ET and will include a discussion of the company’s recent developments as well as a Q&A session. Interested parties are invited to submit pertinent questions by April 8 at investors@kaivablbrands.com. Interested individuals are also invited to participate on the call by dialing toll free 800-346-7359 in the United States and Canada, using…

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WednesdayApr 07, 2021 10:13 am

NetworkNewsBreaks – Friendable Inc.’s (FDBL) Fan Pass Releases March Sign-Up Numbers, 575 New Artists Mean 81% Increase

Friendable (OTC: FDBL), a mobile technology and marketing company focused on connecting and engaging users through its proprietary mobile and desktop applications, has announced March numbers for its proprietary Fan Pass platform. Artist sign-ups for the platform continue to climb, seeing “spectacular” growth in March, reported the company, with 575 new artists joining the Fan Pass community, an 81% increase over the 317 artists that joined in February. Other performance metrics grew as well, with a 100% increase in live events and performances in addition to increased monthly platform impressions, fan/user sessions and social media followers, likes and reach. “This…

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WednesdayApr 07, 2021 9:46 am

NetworkNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Achieves Record Sales Growth in Q1 2021

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA), an innovative automotive fintech leader providing digital and virtual platform solutions, today announced record gross sales in March 2021 of C$11.5 million, a 44% increase over gross sales in the previous month. The company also announced year-to-date 2021 gross sales of C$26.3million, which already exceed, by 21%, entire 2020 annual gross sales of C$21.7million. "We have reported the best sales growth in our history in the first quarter of 2021," said CEO Kelly Jennings. "It is apparent that more drivers and automotive dealers are learning about — and using — DRIVRZ(TM), our…

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WednesdayApr 07, 2021 9:31 am

NetworkNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Launches CBD Product Line in Asia Through Tmall

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition, has received conditional approval to offer its proprietary CBD products on Tmall, the world’s largest cross-border online marketplace. This news follows the company’s recent announcement that its Probulin Probiotics would also be available on Alibaba Group Holding’s Tmall Global (“Tmall”). The third most-visited website in the world, Tmall represents more than 750 million potential new consumers living across mainland China, Hong Kong, Macau and Taiwan. The announcement noted that the site provides unique opportunities for HempFusion to raise…

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TuesdayApr 06, 2021 3:09 pm

NetworkNewsBreaks – Global Strategic Management Institute to Showcase Insight to Empower Distributed Future Workforce in Upcoming Conference

Global Strategic Management Institute (“GSMI”), a cutting-edge conference production company focused on promoting disruptive innovation, will be hosting the upcoming Future Workforce Conference in an entirely digital format on April 27-28, 2021. Designed for professionals with responsibilities in human resources, talent acquisition, digital transformation and people/workforce leadership, the event will share insights to assist attendees in better defining corporate culture, increasing employee engagement and driving digital transformations within their individual organizations. Since last year’s onset of the global pandemic, it has been necessary for organizations around the world to adapt their structures from a largely office-bound workforce into a distributed…

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TuesdayApr 06, 2021 2:57 pm

NetworkNewsBreaks – Sharing Services Global Corporation (SHRG) Proves Understanding of Consumer Needs with Expanding Product Line

Sharing Services Global (OTCQB: SHRG), a publicly traded company specializing in direct-selling and other sectors, has again proven its understanding of industry demands as evidenced by the recent introduction of Unwined(TM) to its product portfolio. Unwined is a “beverage created to provide relaxing, stress-relieving, sleep-promoting benefits that may help with immune support,” describes an article about the product. The beverage comes at a time when chronic stress has been reported to be on the increase. “It has long been known that stress can wreak havoc on people’s health and general sense of well-being, and the pandemic has confirmed that as…

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TuesdayApr 06, 2021 2:39 pm

NetworkNewsBreaks – A-Mark Precious Metals Inc. (NASDAQ: AMRK) Secures $80.5M in Underwritten Public Offering

A-Mark Precious Metals (NASDAQ: AMRK), a leading fully integrated precious metals platform, has closed an underwritten public offering of 2,875,000 shares of common stock, including 375,000 shares per the full exercise of the over-allotment option granted to the underwriters. According to the update, the company secured gross proceeds of $80.5 million, with each of the shares sold at the public offering price of $28.00. A-Mark anticipates using the proceeds to fund a portion of the consideration payable in connection with the previously announced acquisition of JM Bullion Inc. Roth Capital Partners acted as joint book-running manager for the offering. For…

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TuesdayApr 06, 2021 2:23 pm

NetworkNewsBreaks – Clubhouse Media Group Inc. (CMGR) Announces Strategic Advisory Board Appointment

Clubhouse Media Group (OTC: CMGR), an influencer-based marketing and media firm with a vast aggregate global social media reach, today announced that Andrew Omori, partner at renowned venture capital firm Andreessen Horowitz (www.a16z.com), is coming on board as a key member of the company’s official advisory board. Andreessen Horowitz is well known for leading investments in Airbnb, Coinbase and hit social audio app, Clubhouse. “In coordinating influencer-based marketing and media into a larger and more scalable technology-augmented platform, we are doing something new and innovative,” said Chris Young, president of Clubhouse Media. “Andrew will be a tremendous asset as we…

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