DENVER, Colo., May 8, 2019- (24/7MarketNews via COMTEX) Venture Market news for May 8, 2019.
- Novo Reports Full Exercise of May 2017 Share Purchase Warrants, Raising Over $20M
VANCOUVER, British Columbia, May 08, 2019 (GLOBE NEWSWIRE) — Novo Resources Corp. (“Novo” or the “Company”) (TSX-V: NVO; OTCQX: NSRPF) is pleased to announce that all of the 22,727,350 share purchase warrants issued in a private placement which closed on May 4, 2017 (see the Company’s news release of May 4, 2017 – http://novoresources.com/news-media/news/display/index.php?content_id=239) have been exercised, raising gross proceeds of $20,454,615. Novo’s current cash balance stands at approximately CAD $50.7 million.
- The Green Organic Dutchman Enters US Market Through Cornerstone Investment in Califormulations LLC
TORONTO, May 8, 2019 /PRNewswire/ – The Green Organic Dutchman Holdings Ltd. (the “Company” or “TGOD”) (TSX:TGOD) (US:TGODF) is pleased to announce the Company’s strategic investment into the US beverage space as a co-founding investor and strategic partner in the newly formed Califormulations LLC (“Califormulations”). Califormulations will operate out of Columbus, Georgia serving global branded companies with concept-to-shelf beverage commercialization support including formulation development, technical services, in-house pilot scale production and contract manufacturing co-ordination. TGOD will work with Califormulations to expedite the US launch of TGOD branded organic hemp-based CBD beverages, as local laws and regulations permit.
- Pengrowth Delivers First Quarter 2019 Adjusted Funds Flow of $16 Million on Increased Bitumen Production at Lindbergh, Robust Commodity Prices and Lower Costs
CALGARY, Alberta, May 08, 2019 (GLOBE NEWSWIRE) — Pengrowth Energy Corporation (“Pengrowth” or the “Company”) (TSX:PGF, OTCQX:PGHEF), today reported its results for the three months ended March 31, 2019. Unless otherwise indicated, financial figures are expressed in Canadian Dollars.
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