Venture Breakfast Bits, by 24/7 Market News
Venture Market News for October 10, 2018
- MPX Announces Upgrade to OTCQX Best Market
TORONTO, Oct. 10, 2018 (GLOBE NEWSWIRE) — MPX Bioceutical Corporation (“MPX” or the “Company”) (CSE: MPX; OTC: MPXEF) today announced that its common shares were approved for trading in the United States on the OTCQX® Best Market, effective today, Wednesday, October 10, 2018. MPX’s Common Stock will continue to trade under the ticker symbol “MPXEF.”
- RNC Minerals Announces 90 kg Specimen Gold Slab Recovered from Father’s Day Vein Development Area at the Beta Hunt Mine
Gold specimen stones recovered from Beta Hunt now on display at the Perth Mint
TORONTO, Oct. 10, 2018 /CNW/ – RNC Minerals (TSX: RNX) (“RNC”) is pleased to announce the first specimen slab from the top of the Father’s Day Vein discovery area has been successfully recovered at the Beta Hunt Mine. The slab was cut in the field, revealing impressive visible gold and quartz structures. The slab, weighing approximately 90kg, is estimated to contain approximately 1,000 ounces of gold (see Figures 1, 2 and 3). The large slab will be cut into a series of smaller specimen slabs which will highlight the coarse gold and related mineral features (see Figure 3). Final weights and gold content will be determined for each specimen slab once all have been cut. Mining operations are continuing to remove a second large specimen slab from the face of the Father’s Day Vein and will extract additional high grade coarse gold over the coming week.
- iAnthus Announces Closing of $34.5 Million Bought Deal Financing
TORONTO and NEW YORK, Oct. 10, 2018 /CNW/ – iAnthus Capital Holdings, Inc., (CSE: IAN) (“iAnthus” or the “Company”), is pleased to announce that it closed its previously announced bought deal offering of 5,188,800 common shares of the Company (the “Common Shares”) at a price of $6.65 per Common Share (the “Offering Price”) for aggregate gross proceeds to the Company of $34,505,520 (the “Offering”).
- Cannabis Strategic Ventures Adds Board Member in Preparation of Uplisting of Common Stock to National Exchange
LOS ANGELES, Oct. 10, 2018 (GLOBE NEWSWIRE) — via NetworkWire –Cannabis Strategic Ventures, Inc. (OTC: NUGS) today announces the appointment of Alan Tran to its board of directors. Mr. Tran’s addition as a director is the first of a series of steps to be taken by the Company in preparation for an uplisting on its common shares to a national exchange.
- Weyland Tech Announces Strategic Venture Partner TRITON FUNDS LLC, the Largest Student-Run Fund in the Nation, Partners with Weyland Tech in $2M Registered Offering
New York, Oct. 10, 2018 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Weyland Tech, Inc. (“Weyland”) or (“The Company”) today announces a $2 million investment from TRITON FUNDS LP, the La Jolla, CA-based investment fund entirely managed by students from the University of California, San Diego and California State University, Northridge. The funds will accelerate the development of the Company’s AtoZPay, eWallet, and core PaaS business, CreateApp.
- Tilray Alumni Leading Future Farm Into Its Next Operational Phase
Vancouver, British Columbia, Oct. 10, 2018 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Tilray alumni Phyllis Vena and Christopher Lesh have their sights set on replicating Tilray’s success for Future Farm Technologies Inc. (the “Company” or “Future Farm”) (CSE: Future Farm) (OTCQB: FFRMF) as Future Farm moves its diverse portfolio of business units from the developmental to operational phase. With harvest under way in Maine, revenue and profit increasing in Florida, dispensaries soon to open in Puerto Rico, and a rapidly expanding portfolio throughout North America, Phyllis and Chris are overseeing logistics planning and execution for all aspects of the Company’s business.
- Novo Provides Corporate Update
VANCOUVER, British Columbia, Oct. 10, 2018 (GLOBE NEWSWIRE) — Novo Resources Corp. (“Novo” or the “Company”) (TSX-V: NVO; OTCQX: NSRPF) is pleased to provide an update of exploration activities at Comet Well, part of Novo’s greater Karratha gold project located in the Pilbara region of Western Australia.
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