May 2018 - Page 22 of 30

WednesdayMay 09, 2018 9:49 am

QualityStocksNewsBreaks – Global Hemp Group, Inc. (CSE: GHG) (FRA: GHG) (OTC: GBHPF) and Marijuana Company of America, Inc. (MCOA) Form Cultivation-Focused JV

British Columbia-based hemp cultivation company Global Hemp Group (CSE: GHG) (FRANKFURT: GHG) (OTC: GBHPF) this morning announced its entry into a joint venture with Marijuana Company of America, Inc. (OTC: MCOA) related to the cultivation of legal, high-yielding CBD from industrial hemp at its newly acquired 109-acre farm in Scio, Oregon. Per the update, the two companies will jointly invest a total of $1.2 million in the development of the project in 2018, with funding being completed on a 50/50 basis. “We are really proud of the hard work our partners have put into this project, as we continue to…

WednesdayMay 09, 2018 9:21 am

QualityStocksNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) Exercises C$17.3M Over-Allotment Option Following IPO

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) this morning announced that it has issued an additional 4,726,500 units at C$3.65 per over-allotment unit, raising additional aggregate gross proceeds of C$17,251,725. After taking into account this over-allotment option, TGOD will have raised aggregate proceeds of more than C$132.2 million through its recently completed IPO by issuing an aggregate of 36,236,500 units of the company. “We are extremely pleased with the markets’ support of our IPO, which is the largest to date on the TSX in the cannabis space,” Robert Anderson, co-chairman and CEO of TGOD,…

WednesdayMay 09, 2018 8:30 am

QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Agrees to Merge Eye-Net™ Activities with Tamda Ltd.

Automotive industry innovator Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) this morning announced that it has signed a merger agreement with Tamda Ltd. (TASE: TMDA) and its controlling shareholder, Ipax Issues Ltd. Per the terms of the agreement, Foresight intends to spin off its activities related to the development of its Eye-Net™ accident prevention system into its wholly owned subsidiary before merging that subsidiary into Tamda. Upon closing of the transaction, Foresight will transfer 100 percent of the share capital of its subsidiary to Tamda in return for approximately 74.49 percent of Tamda’s share capital as of the closing…

TuesdayMay 08, 2018 4:21 pm

QualityStocksNewsBreaks – Maxtech Ventures Inc. (CSE: MVT) (OTC: MTEHF) (FRA: M1N) Subsidiary Files for Exploration Licenses in Zambia

Maxtech Ventures Inc. (CSE: MVT) (OTC: MTEHF) (FRANKFURT: M1N), through its Maxtech Mining Zambia Limited subsidiary, this morning announced its filing for two large-scale exploration licenses in the Central Province of Zambia. Per the update, the two specific license areas related to this filing have shown the potential for high-grade mineralization, with grades of up to 70 percent manganese. The exploration licenses have detailed exploration and production outlines extending to four years and covering cobalt, vanadium, nickel and copper mining rights on the specified areas. “Zambia is a world class mining jurisdiction,” Peter Wilson, CEO of Maxtech, stated in the…

TuesdayMay 08, 2018 2:43 pm

QualityStocksNewsBreaks – AnalytixInsight Inc. (TSX.V: ALY) (OTCQB: ATIXF) Embraces Rapidly Evolving AI Industry

Toronto, Canada-based artificial intelligence (“AI”) company AnalytixInsight (TSX.V: ALY) (OTCQB: ATIXF) is creating additional revenue by licensing its innovative technology. An article discussing the company reads: “Key to the company’s sustained financial growth is the announcement that ATIXF has a contracted order backlog of $4.5 million in 2018. The company is applying its AI to two primary industries, and it generates revenue from licensing. … In a news release, Prakash Hariharan, president and CEO of ATIXF, said, “We believe the company is very well positioned to benefit from the rapidly evolving industry movements to embrace artificial intelligence and machine-learning solutions…

TuesdayMay 08, 2018 2:31 pm

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Leverages Proprietary Technology to Implement Environmentally Safe Procedures

Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) is engaged in the development and implementation of proprietary technologies for the environmentally safe extraction of heavy oils. An article discussing the company reads: “The company’s extraction process uses no water, high temperatures or high pressures and produces no greenhouse gases. Up to 99 percent of all bitumen, heavy oil and lighter hydrocarbons are extracted, and up to 99 percent of the benign extraction solvents are recycled so that they can be sold or returned to the extraction point, according to the company (http://ibn.fm/necoZ). Even before the patents were granted, Petroteq had tested…

TuesdayMay 08, 2018 2:02 pm

Marijuana Company of America, Inc. (MCOA) Completes Set-up of Greenhouse Facility in Washington State

First construction phase, representing 23 percent of site capacity, completed Completion of entire greenhouse cultivation facility anticipated in Q3 2018 MCOA focused on the development of its hempSMART™ CBD-infused product range On April 18, 2018, Marijuana Company of America, Inc. (OTC: MCOA), an established hemp company, announced that its joint venture project with Bougainville Ventures, Inc., BV-MCOA Management, LLC, completed construction of three greenhouses covering a total area of 7,000 square feet. This first phase of construction represents a 23 percent completion of the total capacity of BV-MCOA’s 30,000 square foot facility in Okanogan County, Washington (http://ibn.fm/gE70T). MCOA concluded its joint…

TuesdayMay 08, 2018 1:25 pm

First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) Set to Extend Cobalt Exploration Reach in North America Following U.S. Cobalt Acquisition

As a critical element for lithium-ion batteries used in electric vehicles, global demand for cobalt is surging U.S. Cobalt acquisition will extend First Cobalt’s exploration reach into Idaho and Utah The Iron Creek project in Idaho presents a faster pathway to cobalt production First Cobalt owns the only cobalt refinery in North America permitted to produce battery-grade cobalt, now combined with new source opportunities to offer unique position in the industry First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) is set to accelerate its drive for the exploration and subsequent production of cobalt, a critical element used in the manufacture of…

TuesdayMay 08, 2018 12:48 pm

Virtual Crypto Technologies Inc. (VRCP) Completes Milestone in Cryptocurrency Sector

Proprietary, cryptographic algorithmic technology confirms transaction of any cryptocurrency in real-time, shaving wait time down from hours to seconds Global cryptocurrency ATM market estimated at nearly $14 million in 2017, expected to reach $285 million by 2025 Agreement with Israeli company, Chiron Refineries Ltd., includes exclusive distribution rights to Virtual Crypto products in certain territories Virtual Crypto Technologies Inc. (OTCQB: VRCP) is a technology company dedicated to making cryptocurrencies accessible to the public, specifically by creating payment solutions for businesses and consumers which combine Application Programming Interfaces and Mobile Applications, for implementation across ATMs, PCs, tablets and other mobile devices.…

TuesdayMay 08, 2018 12:19 pm

American-Swiss Capital, Inc. Invites Investors to Goldilocks Environment in Montenegro and the Adriatic

Montenegro gaining popularity as a tourist destination Investment in tourist accommodation looks increasingly attractive Benign investment climate for foreign capital With temperatures in the Adriatic hovering at 72-86°F (22-30°C) in the summer, it’s no wonder that the beaches of Montenegro are teeming with tourists. In 2017, close to one million of them perambulated along the country’s 72 kilometers (45 miles) of beachfront, an influx of foreigners that, though welcomed, must have caused some trepidation, since the local population is just around 625,000. As the friendly hordes hunt for accommodation, investment in camping facilities, guesthouses, holiday villages, hotels, mountain huts and…

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Month: May 2018