DENVER, Colo., November 4, 2019- (24/7MarketNews via COMTEX) Venture Market News for November 4, 2019.
Kraig Biocraft Laboratories Completes Rearing of First Production Batch of Recombinant Spider Silk Silkworm in Vietnam Factory
ANN ARBOR, Mich., – November 4, 2019 –Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“Company”), the leading developer of spider silk based fibers, announced today that its operations team at its Vietnamese subsidiary, Prodigy Textiles, has completed rearing the Company’s first batch of production silkworms. The Company’s specialized spider silk silkworms were hatched over a 7 day period starting on October 8th, while Jon Rice, the Company’s COO, was in Vietnam. The silkworms began spinning cocoons on October 27th and finished on November 2nd.
Terra Tech Corp. and OneQor Pharmaceutical Agree to Merger
- Immediately Positions Terra Tech as a Leader in CBD as well as other Cannabinoid Research and Product Development.
- Multiple Ongoing Case Studies Covering Pain, Anxiety, Sleep, and More.
- OneQor Pharmaceutical Comes with Existing Patent Portfolio and Patent Pipeline.
- Audio Interview Scheduled for Today at 4:05 p.m. ET
PHOENIX, AZ and IRVINE, CA / ACCESSWIRE / November 4, 2019 / Terra Tech Corp (OTCQX:TRTC), a vertically integrated, cannabis-focused agriculture company, and OneQor Pharmaceutical (OneQor), a privately held over-the-counter (OTC) pharmaceutical company focused on developing, patenting, and delivering proprietary, plant-derived formulations in order to provide consumers with safer, more effective OTC solutions, today announced that the two companies have entered into an Agreement and Plan of Merger (the “Agreement”) pursuant to which OneQor will merge with a wholly owned subsidiary of Terra Tech in an all-stock transaction. The combined company will focus principally on emerging pharmaceutical development opportunities for OneQor, while the operation of Terra Tech’s portfolio of THC and agricultural related assets is expected to continue in the short-term. However, the combined company desires to list on a national securities exchange and, as further described below, intends to weigh several strategic options for the legacy Terra Tech business segments that may include a spin-off, special dividend, merger or potential sale among other accretive transactions.
Fresenius Helios acquires medical diagnostics provider in Colombia
November 4, 2019– OTC Disclosure & News Service- Bad Homburg, Germany —
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MediPharm Labs Appoints New Chief Financial Officer
BARRIE, Ontario, Nov. 04, 2019 (GLOBE NEWSWIRE) — MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ) (“MediPharm Labs” or the “Company”) a global leader in specialized, research-driven cannabis extraction, distillation and purification, is pleased to announce Robert (Bobby) Kwon will join MediPharm Labs as Chief Financial Officer (CFO), effective November 18, 2019. Christopher Hobbs, the Company’s current CFO will continue to serve on the Board of MediPharm Labs.
Flower One Commences Negotiations to Acquire Strategic Property in California and Provides Nevada Sales Update
Sales from Company’s Nevada Operations Tracking Strong with a Compound Weekly Growth Rate of 15%; Positive Cash Flow Forecasted During the First Half of 2020
LAS VEGAS, Nov. 4, 2019 /PRNewswire/ – Flower One Holdings Inc. (“Flower One” or the “Company”) (CSE: FONE) (OTCQX: FLOOF) – Nevada’s largest cultivator, producer, and full-service brand fulfillment partner, announced today that sales from its current operations are tracking strong with a compound weekly growth rate of 15% since the first official sale out its flagship greenhouse facility on August 5, 2019. The Company is projecting to reach positive cash flow during the first half of 2020.
Netlist Reports Third Quarter 2019 Results
IRVINE, Calif., Nov. 4, 2019 /PRNewswire/ — Netlist, Inc. (OCTQX: NLST) today reported financial results for the third quarter ended September 28, 2019.
Appointment of Global General Counsel and Company Secretary
November 3, 2019– OTC Disclosure & News Service- Sydney, NSW, Australia —
This release includes additional documents. Select the link(s) below to view.
CSI’s Managed Services Endorsed by Texas Bankers Association for the Ninth Consecutive Year
The Texas Bankers Association (TBA) and its subsidiary, Texas Bankers Association Services Company, Inc. (TBASCO), has renewed its endorsement of managed services from Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions.
GoldMining to Acquire Yarumalito Gold Project in Colombia
- Yarumalito acquisition will further expand GoldMining’s portfolio of gold-copper projects in the Mid Cauca Belt of central Colombia;
- Total consideration will be comprised of $1,200,000, payable in common shares, and $200,000, payable in cash;
- The Mid Cauca Belt is host to several multi-million ounce gold deposits including Buritica (Continental Gold Inc.), Titiribi and La Mina (GoldMining), Nuevo Chaquiro (Anglogold Ashanti Limited – B2Gold Corp.) and Marmato (Gran Colombia Gold Corp.);
- Yarumalito hosts both bulk-tonnage, gold-copper porphyry and high-grade, intermediate sulphidation epithermal systems with six geophysical and geochemical targets identified on the Project;
- 18,540 m of historic drilling (55 holes) completed on the Project, primarily focused on two targets; and
- Upon closing, GoldMining intends to engage an independent qualified person to verify historic exploration results and undertake a resource estimate assuming sufficient sampling density, which will be documented in an updated technical report.
VANCOUVER, Nov. 4, 2019 /CNW/ – GoldMining Inc. (the “Company” or “GoldMining“) (TSX: GOLD; OTCQX: GLDLF) is pleased to announce that it has entered into an agreement (the “Agreement”) with Newrange Gold Corp. (“Newrange”), to indirectly acquire a 100% interest of the Yarumalito Gold Project (“Yarumalito” or the “Project”) located in central Colombia.
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