Venture Market News for September 20, 2018
- MGX Minerals to Manufacture Proprietary Cathodes for Next Generation Fuel Cell Batteries
VANCOUVER, BC / ACCESSWIRE / September 20, 2018 / MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG; FKT: 1MG; OTCQB: MGXMF) is pleased to announce that its wholly owned subsidiary ZincNyx Energy Solutions, Inc. (“ZincNyx”) has now commissioned particle sizing equipment as part of final preparations to begin manufacturing cathodes for use in its next generation fuel cell batteries. The immediate objective is to decrease cathode manufacturing costs by at least 50% and ultimately reduce costs by more than 90% to achieve a manufactured cost of less than $10 per cathode. In addition to its use in manufacturing of the existing cathode, ZincNyx also plans to use the equipment in the development of its next generation of proprietary fuel cell cathodes that will bring further cost and performance gains. The ability of the new equipment to analyze particles in suspension will also enable ZincNyx engineers to better characterize the morphology and behavior of the dendritic zinc particles that are at the core of the ZincNyx technology.
- Innovation Pharmaceuticals Provides Corporate Update Highlighting Upcoming Milestones and Events
BEVERLY, Mass., Sept. 20, 2018 (GLOBE NEWSWIRE) — Innovation Pharmaceuticals (OTCQB:IPIX) (“the Company”), a clinical stage biopharmaceutical company, is pleased to provide a corporate update on upcoming milestones and events across its clinical pipeline of first-in-class drug candidates, Brilacidin, Prurisol and Kevetrin.
- Auxly Announces Strategic Investment in FSD Pharma
VANCOUVER, British Columbia, Sept. 20, 2018 (GLOBE NEWSWIRE) — Auxly Cannabis Group Inc. (TSX.V: XLY) (OTCQX: CBWTF) (“Auxly” or the “Company”) is pleased to announce that, as part of the strategic alliance and streaming agreement previously announced on March 5, 2018, Auxly has completed a $7,500,000 equity investment (the “Transaction”) in FSD Pharma Inc. (CSE: HUGE) (“FSD”).
- KushCo Holdings Presentation Now Available for On-Demand Viewing
Company invites individual and institutional investors as well as advisors to log-on to VirtualInvestorConferences.com to view presentation
GARDEN GROVE, Calif., Sept. 20, 2018 /PRNewswire/ — KushCo Holdings Inc. (OTCQB: KSHB) (“KushCo” or the “Company”), the parent company of innovative cannabis industry leaders such as Kush Bottles, Kush Energy, The Hybrid Creative, and Koleto Packaging Solutions, which provide a range of services and products for the regulated cannabis, CBD and other related industries, today announced that the September 12 presentation from Jim McCormick, CFO & COO, is now available for on-demand viewing at VirtualInvestorConferences.com.
- Reis & Irvy’s, Robot-Staffed Frozen Yogurt Chain, Inks $3.2 Million Master Franchise Agreement in Knoxville, TN
The Agreement Includes the Purchase of 16 Robotic Vending Kiosks Upfront with Commitments to Buy an Additional 59 Units
SAN DIEGO, CA, Sept. 20, 2018 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE – Generation NEXT Franchise Brands, Inc. (OTCQB: VEND) announced today that its flagship subsidiary, Reis & Irvy’s, has signed an exclusive agreement with master franchise rights for the robot-staffed frozen yogurt and ice cream chain in Knoxville, TN, the state’s third largest city after Nashville and Memphis.
- North Bud Farms Closes $944,500 Private Placement
TORONTO, Sept. 20, 2018 (GLOBE NEWSWIRE) — North Bud Farms Inc. (CSE: NBUD) (the “Corporation”), is pleased to announce the closing of a non-brokered private placement offering (the “Private Placement”) consisting of 3,778,000 units (“Units”), at a price of $0.25 per Unit, for gross proceeds of $944,500. Each Unit is comprised of one Common Share and one-half (1/2) of a Common Share purchase warrant, with each whole warrant entitling the holder hereof to acquire one additional Common Share at a price of $0.40 per Common Share until September 20, 2020. No fees or commissions were paid in connection with the Private Placement. The terms of the Private Placement are the same as the Corporation’s previously-completed private placement (July 25, 2018, as disclosed in the Corporation’s prospectus dated August 21, 2018).
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