Blog - Page 1483 of 5721

TuesdayMar 09, 2021 3:08 pm

Cybin Inc. (NEO: CYBN) (OTCQB: CLXPF) Upsizes Its Bought Deal Offering Due to Surge in Demand

Cybin's latest offering generated exceptional demand; announces upsize of "bought deal" offering Burgeoning psychedelic sector attracts investors’ attention as compound may prove effective in mental health treatments. Cybin appears set for rapid growth as research accelerates, public acceptance grows. Cybin (NEO: CYBN) (OTCQB: CLXPF), a biotech company focused on psychedelic therapeutics for various psychiatric and neurological conditions, has announced that it has upsized the terms of its "bought deal" offering due to strong demand. The deal size, previously announced at CDN$20,025,000, has increased to aggregate gross proceeds of CDN$30,015,000 as the underwriters have agreed to purchase 13,340,000 units of the…

TuesdayMar 09, 2021 2:48 pm

Nextech AR Solutions Corp. (CSE: NTAR) (OTCQB: NEXCF) Is ‘One to Watch’

Nextech AR Solutions Corp. is a leading provider of web-based augmented reality for e-commerce, advertising and virtual events The company provides businesses with a powerful end-to-end augmented reality platform designed specifically to increase online sales Nextech AR’s current customer base includes the likes of Amazon, Johnson & Johnson, ViacomCBS, Toyota and Carnegie Mellon University The company achieved record bookings in Q4 2020 of $7.3 million (estimated), marking a greater than 275% year-over-year increase The Nextech AR management team has extensive experience stemming from time with a collection of Fortune 500 companies Nextech AR Solutions (CSE: NTAR) (OTCQB: NEXCF), based in…

TuesdayMar 09, 2021 1:45 pm

QualityStocksNewsBreaks – Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) Announces Planned Name Change, Upcoming Meetings

Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF), a premier, consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution, plans to change its name to Chalice Brands Ltd. and will seek approval of the name change at is upcoming annual and special meeting (“AGM”); the meeting is slated for May 10, 2021, and will be held virtually. In addition to the name change, the company leadership team will request approval for a share consolidation intended to bring the common shares outstanding to approximately 65 million post the consolidation. The company anticipates approval and support for these requests, details of…

TuesdayMar 09, 2021 1:33 pm

QualityStocksNewsBreaks – Clubhouse Media Group Inc. (CMGR) to Launch Major New Creator Hub in Dynamic Orlando Marketplace

Clubhouse Media Group (OTC: CMGR), an influencer-based marketing and media firm with a vast aggregate global social media reach, today announced its expansion into the dynamic and rapidly growing Orlando market with the upcoming launch of a new content creation Clubhouse location in Florida. According to the update, Clubhouse management believes the Florida market provides access to enormous upside in branding opportunities. Besides being the theme park capital of the world, Orlando also plays a central role in Florida’s massive tourism market and is growing at four times the rate of the United States and is the second fastest growing…

TuesdayMar 09, 2021 1:16 pm

QualityStocksNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Enters Strategic LOI with ShroomBloom

Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ), a plant-based extraction company focused on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelic sector, today announced that it signed a letter of intent (“LOI”) with ShroomBloom Labs/Floja Bioscience Inc. to enter into an agreement for the supply of psychedelic mushroom biomass. British Columbia-based ShroomBloom is a mushroom cultivator leveraging a unique growing method that uses a sustainable forest product to grow organic Psilocybe Azurescens, also known as Azures, one of the most potent psilocybin mushrooms ever found. Under the terms of the LOI, Pure Extracts would be granted “most…

TuesdayMar 09, 2021 1:00 pm

QualityStocksNewsBreaks – Ideanomics (NASDAQ: IDEX) Acquires 20% Stake in Energica Motor Company

Ideanomics (NASDAQ: IDEX) today announced that it has acquired 20% of Italian Energica Motor Company S.p.A., a developer of high-performance, 100% battery-powered motorbikes, for the consideration of $13.2 million. With this move, which marks continued investment in European-based OEM, Ideanomics expands its global footprint in the electric vehicle (“EV”) industry. "Energica has combined zero emissions EV technology with high-performance engineering synonymous with Italy's Motor Valley to create a range of exceptional products for the motorcycle market," said Alf Poor, CEO of Ideanomics. "It also has proprietary EV battery and DC fast-charging systems that have applications and synergies with Ideanomics Mobility.…

TuesdayMar 09, 2021 12:45 pm

QualityStocksNewsBreaks – Healthy Extracts Inc. (HYEX) Releases FY 2020 Revenue Results, Year-End Accomplishments

Healthy Extracts (OTCQB: HYEX), a leading developer and manufacturer of heart health, brain health and supplementary technologies, has announced its year-end financial numbers and business updates for the 12-month period ending Dec. 31, 2020. Financial highlights of the report include revenue increases of 71% to $1,276,559 compared to 2019 revenues of $748,377 and a net shareholder equity increase of $3.7 million. In addition, the company eliminated all convertible debt. The report attributes the increases to Healthy Extracts transition to its new business of selling health-nutrition products. Business highlights for the year include a company name change, full reporting and upgrade to…

TuesdayMar 09, 2021 12:13 pm

QualityStocksNewsBreaks – ISW Holdings Inc. (ISWH) Pays Off Major Convertible Note with Preemptive Payment, Preventing Dilution Risk

ISW Holdings (OTC: ISWH), a global brand management holdings company with commercial operations in telehealth and cryptocurrency mining, has paid off and cancelled a convertible debt note. The company announced that it had distributed $363,000 to settle the outstanding obligation, thereby removing it from the books. The note presented a dilution risk for shareholders, noted ISWH management, who reiterated that the company is committed to preventing dilution risk as part of its official anti-dilution strategic initiative, introduced last year. As part of that initiative, ISWH is regularly and consistently evaluating its financial situation and taking steps to eliminate, cancel or…

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