September 2022 - Page 6 of 26

TuesdaySep 27, 2022 12:01 pm

QualityStocksNewsBreaks – Reklaim Ltd. (OTCQB: MYIDF) (TSX.V: MYID) Inks LOI Deal to Acquire Multimedia Lists Inc.

Reklaim (OTCQB: MYIDF) (TSX.V: MYID), the destination for consumers to access and reclaim their data, has entered into a nonbinding letter of intent (“LOI”) to purchase the assets of Multimedia Lists Inc. (“MML”), a data broker currently operating in the United States. According to the announcement, MML is a cash flow-positive company, and Reklaim anticipates that the acquisition will immediately double the monthly revenue of Reklaim after the transaction is complete. The completion of the transaction is conditional upon the signing of a definitive agreement, final approval of the TSX Venture Exchange and Reklaim completing its due diligence investigation of MML. “MML has…

TuesdaySep 27, 2022 11:46 am

QualityStocksNewsBreaks – Exro Technologies Inc.’s (TSX: EXRO) (OTCQB: EXROF) Cell Driver(TM) ESS Completes 1st Major Phase Toward UL Product Certification

Exro Technologies (TSX: EXRO) (OTCQB: EXROF) is a leading clean technology company that has developed new generation power control electronics that expand the capabilities of electric motors and batteries. The company today announced that its Cell Driver(TM) Energy Storage System (“ESS”) has successfully completed large-scale module fire testing and the first major phase towards product certification from Underwriters Laboratories (“UL”). “We are absolutely thrilled with the performance of our energy storage system during this important first phase of UL testing, which is widely regarded as the most demanding of the certification requirements,” said Chief Executive Officer Sue Ozdemir. “As the…

TuesdaySep 27, 2022 11:38 am

QualityStocksNewsBreaks – Silo Pharma Inc. (NASDAQ: SILO) Announces Uplisting to Nasdaq Capital Market, Pricing of $5M Public Offering

Silo Pharma (NASDAQ: SILO) (formerly OTCQB: SILO), a developmental stage biopharmaceutical company focused on merging traditional therapeutics with psychedelic research, today announced pricing of an underwritten public offering of 1,000,000 shares of its common stock at a price to the public of $5.00 per share. Silo Pharma expects $5,000,000 in gross proceeds from the offering and intends to use the net proceeds for product development, marketing, working capital and general corporate purposes. In addition, a portion of the proceeds may also be used for acquisitions of complementary businesses, technologies or other assets. As a result of the offering, the company’s…

TuesdaySep 27, 2022 11:29 am

QualityStocksNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Notes Update on Payment Schedule for Iska Iska Silver-Tin Polymetallic Project

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM), an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec, is reporting that the payment schedule for the company to purchase 99% interest in the Iska Iska Silver-Tin Polymetallic project has been amended. Eloro has an agreement with Empresa Minera Villegas S.R.L., which holds the title to the silver-tine polymetallic project that is located in southern Bolivia, to pay $10 million for the 99% interest. According to the announcement, Eloro’s Bolivian subsidiary, Minera Tupiza S.R.L., has paid $3.4 million thus far; the amended…

TuesdaySep 27, 2022 11:15 am

Coyuchi Inc. Is ‘One to Watch’

All Coyuchi products begin with 100% organic fibers and a traceable supply chain Coyuchi achieved 26% sales revenue growth in calendar 2021 over 2020 Coyuchi is profitable and growing; for the year ended December 31, 2021, the company had net income of $1.4 million on sales of $33.3 million Coyuchi has filed an SEC Regulation A Offering Statement with the intent to offer shares for sale The overall U.S. market for home textiles is currently worth $25 billion annually, and, with a forecast annual growth rate of 5%, it is expected to reach $30 billion by the end of 2025…

TuesdaySep 27, 2022 11:12 am

QualityStocksNewsBreaks – Hero Technologies Inc. (HENC) Moves to Purchase Property for Michigan-Based Cannabis Operations

Hero Technologies (OTCQB: HENC), a cannabis company focused on a “seed-to-sale” vertical integration strategy, today announced that it has finalized a real estate purchase agreement for a 10-acre property in Vassar, Michigan. The company plans to use the property, which is zoned for cannabis use, as its base of operations in the state, including indoor and outdoor growing, processing, wholesaling, and selling directly to consumers. “We are delighted to report this important milestone in our company's history,” said Hero Technologies’ CEO Gina Serkasevich. “Michigan is a key market for us, with legal cannabis sales expected to increase as much as…

TuesdaySep 27, 2022 10:55 am

QualityStocksNewsBreaks – EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQB: EVGIF) Marks New Key Milestone Underpinning Expansion at Fraser Valley Biogas

EverGen (TSX.V: EVGN) (OTCQB: EVGIF) today announced that its wholly owned subsidiary Fraser Valley Biogas Ltd. (“FVB”) has signed a term sheet for a long term offtake agreement. The proposed agreement is expected to cover the purchase of up to 190,000 gigajoules of RNG annually from FVB, which accounts for existing and incremental RNG volumes expected from the facility post-completion of this Core RNG expansion project. According to the announcement, the agreement would replace the existing RNG offtake agreement, which is approaching the end of the original term in an environment where current market pricing is significantly stronger than when…

TuesdaySep 27, 2022 10:45 am

QualityStocksNewsBreaks – AnPac Bio-Medical Science Co. Ltd. (NASDAQ: ANPC), New Investor Group Sign $3.67M Equity Investment Agreements

AnPac Bio-Medical Science (NASDAQ: ANPC), a biotechnology company with operations in the United States and China focused on early cancer screening and detection, has entered into legally binding investment agreements with nine institutional and individual investors; the agreements outline an investment in the company of approximately $3.67 million. According to the announcement, the various shares purchase agreements outline plans for a private offering of $3.67 million earmarked to purchase 36.7 million of the company’s Class A shares; the company anticipates that the investment will be complete this month. “This equity investment is important to the company’s operations as well as research and…

TuesdaySep 27, 2022 10:32 am

QualityStocksNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Releases New Info about Upcoming Mullen Five RS

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is reporting new information about its upcoming, range-topping new model: the Five RS. Mullen announced the new vehicle late last year, calling it an “ultra-high performance EV” and reporting that it will feature an 800-volt architecture, all-wheel drive and a claimed output in excess of 1,000 hp (746 kW/1,014 PS). Noting that there are “risks and uncertainties” about its claims, the company anticipates that the crossover should be able to accelerate from 0 to 60 mph in under two seconds, reaching top speeds of approximately 200 mph. The new information…

TuesdaySep 27, 2022 10:30 am

Freight Technologies Inc.’s (NASDAQ: FRGT) CFO, Paul Freudenthaler, and President Mike Flinker, Present Company’s Latest Corporate Updates at the H.C. Wainwright 24th Annual Global Investment Conference

Fr8Tech’s August 15, 2022, corporate update formed the backbone for its presentation at the H.C. Wainwright 24th Annual Global Investment Conference held from September 12-14, 2022 The company was represented by Paul Freudenthaler and Mike Flinker, who also talked about the company’s role in revolutionizing cross-border shipping, and the role of AI and machine learning in solving current logistical problems in the industry within the NAFTA region Fr8Tech remains committed to exploring new ways to create more value for its clients and streamline the region’s cross-border shipping process, and leveraging technology Javier Selgas, the company’s CEO, maintains that Fr8Tech anticipates…

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Month: September 2022