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.
- 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.
- 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.
- 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.
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