DENVER, Colo., March 13, 2019- (24/7MarketNews via COMTEX) Venture Market News for March 13, 2019.
- University of Notre Dame Increases Equity Position in Kraig Biocraft Laboratories
Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“Company”), the leading developer of spider silk based fibers, announces today that it has signed an agreement with the University of Notre Dame, which increases the University’s equity position in Kraig Labs. Under the agreement, the University has converted a portion of the moneys owed to it, by the Company, to common stock. The remaining balance of the moneys, owed to the University, has been converted into a note that is payable over the course of 2 years.
- adidas delivers record results in 2018
March 13, 2019- OTC Disclosure & News Service- Herzogenaurach, BV, Germany —This release includes additional documents. Select the link(s) below to view.
- YIELD GROWTH Enters Agreement to Purchase a 10 Acre Property with 2.5 Acres of Existing Greenhouses in Chilliwack, BC
VANCOUVER, British Columbia, March 13, 2019 (GLOBE NEWSWIRE) — The Yield Growth Corp. (CSE:BOSS) (OTCQB:BOSQF) (Frankfurt:YG3) is pleased to announce its subsidiary, Yield Botanicals Inc., has entered an agreement with Vandenbosch Trading Company Ltd. to purchase a 10 acre property. The purchase includes over 2.5 acres (approximately 100,000 square feet) of well-equipped and automated greenhouses, currently operating as an orchid flower grow and essential oil extraction business. The total price for the land, buildings, greenhouses and equipment is $2.4 million. Yield Growth has available cash on hand to complete the purchase.
- Namaste Completes Share Acquisition of Pineapple Express Delivery
TORONTO, March 13, 2019 /CNW/ – Namaste Technologies Inc. (“Namaste” or the “Company”) (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF) today announced that it has completed the previously announced acquisition of 49% of the common shares of Toronto-based Pineapple Express Delivery Inc. (“Pineapple Express”). In June 2018, the Company announced that it had entered into a subscription agreement to acquire 15% of the common shares of Pineapple for $1,000,000 which comprised of $850,000 in cash and $150,000 in Namaste common shares (the “Subscription Agreement”). In December 2018, the Company announced that it had entered into a binding agreement (the “Purchase Agreement”) with shareholders of Pineapple Express to acquire an additional 34% of the outstanding common shares of Pineapple Express. Pursuant to the terms of the Purchase Agreement, the Company issued the selling shareholders of Pineapple Express such number of Namaste common shares having an aggregate value of approximately $3.06 Million, based on the closing price of Namaste’s common shares on the TSX Venture Exchange on December 14, 2018 (the “Transaction”). Following closing of the Transaction, Namaste now owns 49% of the issued and outstanding common shares of Pineapple Express.
- MassRoots Releases Shareholder Update and Plans for Continued Growth
MassRoots, Inc. (“MassRoots” or the “Company”) (OTCQB:MSRT), a technology platform for the regulated cannabis industry, is pleased to release an updated Corporate Overview Deck and the following shareholder update:
- Leagold Files Los Filos Mine Expansion Feasibility Study; Increases Net Cash Flow to $884 Million
VANCOUVER, March 12, 2019 /CNW/ – Leagold Mining Corporation (TSX:LMC; OTCQX:LMCNF) (Leagold or the Company) announces that it has filed the report entitled “Independent Technical Report for the Los Filos Mine Complex, Mexico” which presents the results of the Expansion Feasibility Study (Expansion Feasibility Study) under the Company’s profile on SEDAR at www.sedar.com. The Expansion Feasibility Study was prepared by independent consultants and incorporates the potential for: development of the Bermejal underground mine, enlarging the Los Filos open pit, re-phasing of the Bermejal open pit into two distinct sections (Bermejal and Guadalupe), and constructing a carbon-in-leach (CIL) processing facility to complement the existing heap leach facilities.
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