QualityStocksNewsBreaks Archives - Page 952 of 1453

WednesdayJun 03, 2020 11:32 am

QualityStocksNewsBreaks – Cannabis Global, Inc. (MCTC) Discusses Strong Solution with Expected 50%+ Cost Advantage in Production of THC-V and Other Rare Cannabinoids

Cannabis Global (OTC: MCTC), a cannabinoid and hemp extract science-forward company developing infusion and delivery technologies, today announced information on its Project Varin, a nearly complete research program implemented to develop novel production technologies for rare cannabinoids, including tetrahydrocannabivarin (“THC-V”), which is not scheduled at the federal level. According to the update, the program has produced meaningful technology breakthroughs resulting in several patent filings. The company has been able to leverage these technological developments to significantly reduce the cost of exotic cannabinoids on a per-serving basis resulting in a greater than 50% expected cost advantage. “We think we have rewritten…

WednesdayJun 03, 2020 10:40 am

QualityStocksNewsBreaks – Bolt Metals Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) Eyes Opportunity Amidst Increased Investment into Indonesia’s Battery Metals Supply Chain

Bolt Metals Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE), an Indonesia-based company focused on developing battery mineral projects in the Asia‐Pacific region, today noted reporting by the Financial Times that Huayou Cobalt (“Huayou”), “China’s top cobalt producer halts buying from Congo miners.” The Democratic Republic of Congo (the “DRC”) has been widely reported to represent 60% of global cobalt production. Huayou, which supplies cobalt to battery makers LG Chem of South Korea and CATL of China, as well as Chinese carmaker BYD and Germany’s Volkswagen, is the latest conglomerate to exit the DRC, joining Apple, Google and several auto manufacturers.…

WednesdayJun 03, 2020 9:41 am

QualityStocksNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Announces Update on Insolvency Proceedings Under the CCAA

Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) and certain of its direct and indirect wholly owned subsidiaries (collectively "GGB", the "company" or the “Applicants”) on Tuesday released an update on its insolvency proceedings under the Companies’ Creditors Arrangement Act (Canada) ("CCAA"). As announced on May 20, 2020, GGB filed for insolvency protection under the CCAA and obtained an order from the Ontario Superior Court of Justice (the “Court”) granting protection for an initial 10 day period until May 29, 2020, as extended until June 12, 2020. According to the update, the Court, on June 2, 2020, granted a motion filed…

WednesdayJun 03, 2020 9:32 am

QualityStocksNewsBreaks – Predictive Oncology Inc. (NASDAQ: POAI) Acquires Soluble Therapeutics, Inc. and BioDtech, Inc.

Predictive Oncology (NASDAQ: POAI), a knowledge-driven company focused on applying artificial intelligence (“AI”) to personalized medicine and drug discovery, on Tuesday announced the completion of the acquisitions of two wholly owned subsidiaries of InventaBioTech, Inc., Soluble Therapeutics, Inc. and BioDtech, Inc. Included in the acquisition were certain intellectual property relating to contract research organization (“CRO”) services and technology, certain equipment useful in such services and technology and all other assets of Soluble Therapeutics and BioDtech. In consideration, POAI issued 125,000 shares of common stock and waived all remaining amounts due and payable to the company under a secured promissory note…

TuesdayJun 02, 2020 11:09 am

QualityStocksNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTC: WLDFF) Announces $5.3 Million in Revenues for Q3

Wildflower Brands (CSE: SUN) (OTC: WLDFF) today announced $5.3 million in revenues in its third quarter, compared to $2.5 million in the previous year’s third quarter and $5.5 million in the second quarter. According to the update, revenues were slightly less than last quarter; however, even with unforeseen circumstances and business affected by Covid-19, Wildflower was able to operate with a net gain of $101,435 compared to a loss of $(1,019,862) in the third quarter of 2019. Wildflower’s U.S. operations have been curtailed due to the closure of many retail locations where the Company’s products are sold. Manufacturing and sales…

TuesdayJun 02, 2020 11:08 am

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Subsidiary to Provide Consumers, Dealers Access to Extensive Lease Financing

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) this morning announced that MUSA Auto Finance, LLC ("MUSA"), its 60% controlled leasing platform in the United States, is expected to commence lease originations on its proprietary cloud-based platform for consumers and auto dealers in June. MUSA will enable consumers and dealers to access extensive funding facilities from national financial institutions through the platform, which is accessible on smart phones and other digital devices. In addition, the company has agreed to make PowerBand's virtual transaction platform, which includes MUSA, available to thousands of dealerships working with RouteOne LLC in the United States…

TuesdayJun 02, 2020 10:40 am

QualityStocksNewsBreaks – Cardiol Therapeutics Inc. (TSX: CRDL) (OTCQX: CRTPF) to Secure $11.25 Million in Bought Deal Public Offering

Cardiol Therapeutics (TSX: CRDL) (OTCQX: CRTPF), a leader in the production of pharmaceutical cannabidiol (“CBD”) and the development of innovative cannabidiol products for heart diseases, recently announced its entry into an agreement with Canaccord Genuity Corp. (the "Lead Underwriter"). Under the arrangement, the Lead Underwriter agreed, on behalf of a syndicate of underwriters, to purchase, on a bought deal basis per the filing of a short form prospectus, an aggregate of 4,500,000 units, each at a price of $2.50, for aggregate gross proceeds of $11,250,000 to the Company. Cardiol intends to use the proceeds to support commercialization of its pharmaceutical…

TuesdayJun 02, 2020 9:59 am

QualityStocksNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Engages PCG of New York for IR and Digital Marketing Services

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP), a global innovator in drug delivery platforms, on Monday announced that it has retained PCG Advisory, Inc. ("PCG") of New York, to provide investor relations and digital marketing services to the Company in compliance with regulatory guidelines. According to the update, PCG's sectors of deepest experience include life sciences, technology and cannabis, and it reaches thousands of individual, retail and institutional investors daily using the latest social media and digital marketing techniques. PCG will develop a comprehensive strategy to increase investor awareness of Lexaria, amplify market visibility, and introduce the Company to its…

TuesdayJun 02, 2020 9:22 am

QualityStocksNewsBreaks – Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) Posts Q1 2020 Financial Results

Exro Technologies (CSE: XRO) (OTCQB: EXROF), a clean-tech company committed to transforming energy conversion to enhance the performance, efficiency and longevity of electric motors, on Monday announced financial and operational results for the three months ended March 31, 2020. Per the release, the company incurred a comprehensive loss of C$1,525,182 during the quarter. The company also reported that it incurred C$175,882 in research and development for the quarter, which primarily represents materials used for development of its technology as Exro continues to advance toward its goals for commercialization. “Exro is in full force at commercializing its patented Coil Switching Technology.…

MondayJun 01, 2020 2:55 pm

QualityStocksNewsBreaks – The Movie Studio Inc. (MVES) Inks Licensing, Distribution Agreement with FILMHUB

Vertically integrated motion-picture production company The Movie Studio (OTC: MVES) announced in April that it signed a licensing and distribution agreement with FILMHUB, an online marketplace for film creators and streaming services (http://ibn.fm/LLdvn). An article discussing the company reads, “In addition, the Movie Studio will license its catalog to FILMHUB for distribution by way of its online film marketplace. . . . ‘We are excited to begin to offer hundreds of titles on our OTT platform in addition to licensing our titles to FILMHUB and its associated OTT partners,’ MVES studio president and CEO Gordon Scott Venters stated in a…

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