Venture Breakfast Bits, by 24/7 Market News

DENVER, Colo., April 11, 2019- (24/7MarketNews via COMTEX) Venture Market News for April 11, 2019.

  • PotNetwork Holdings Releases Audited Financials Showing Over $25 Million in Revenue for 2018

PotNetwork Holdings, Inc. (OTC Pink: POTN) (“the company”) today released their fully audited financial statement which shows that the company has made $25 million in revenue over the course of 2018, a 78% increase compared to POTN’s performance in 2017.

Full press release

  • NexTech Closes Acquisition of eCommerce Business Infinite Pet Life

Company adds eCommerce business generating $2.2 Million USD in revenue and $600,000 EBITDA

NEW YORK and TORONTO, April 11, 2019 /CNW/ – NexTech AR Solutions (the “Company” or “NexTech”) (OTCQB: NEXCF) (CSE: NTAR) )(FSE: N29) is pleased to announce that it has completed its acquisition of Infinite Pet Life, previously announced on March 19, 2019, for a purchase price of $1,850,000. Infinite Pet Life generated $2.2 million USD in revenue and $600,000 in EBITDA in 2018. NexTech signed a Letter of Intent to acquire Infinite Pet Life on March 19, 2019.

Full press release

  • Gran Colombia Gold Announces New Quarterly Gold Production Record of 60,601 Ounces in First Quarter of 2019; Segovia Operations’ Trailing 12 Months Gold Production Surpasses 200,000 Ounces; Signs Contract With GoldSpot Discoveries to Use Artificial

TORONTO, April 11, 2019 (GLOBE NEWSWIRE) — Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced today that it produced a total of 21,325 ounces of gold in March bringing the total for the first quarter of 2019 to 60,601 ounces, a new quarterly record and up 15% over the first quarter of 2018. This brings the trailing 12 months’ total gold production at the end of March 2019 to 225,930 ounces, up 4% over 2018’s annual production and at the top end of Gran Colombia’s guidance range for 2019 of between 210,000 and 225,000 ounces.

Full press release

  • Eve & Co Announces $10 Million Special Warrant Bought Deal Financing

TORONTO, April 11, 2019 (GLOBE NEWSWIRE) — Eve & Co Incorporated (“Eve & Co” or the “Company”) (TSX-V: EVE; OTCQB: EEVVF) is pleased to announce that it has entered into an engagement letter with Haywood Securities Inc. (the “Underwriter”) pursuant to which the Underwriter has agreed to purchase 20,000,000 special warrants of the Company (the “Special Warrants”), on a bought deal basis, at a price of $0.50 per Special Warrant for aggregate gross proceeds of $10 million (the “Offering”). Closing of the Offering is expected to occur on or before May 10, 2019 (the “Closing”), and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange (the “TSXV”) and the securities regulatory authorities, and the satisfaction of other customary closing conditions.

Full press release

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Forward-Looking Statements

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan,” or “planned,” “will,” or “should,” “expected,” “anticipates,” “draft,” “eventually,” or “projected.” You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and 24/7MN undertakes no obligation to update such statements


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