Venture Market News for September 26, 2018
- RNC Minerals Adds an Additional $8.4 Million Cash Through Warrant Exercises
TORONTO, Sept. 26, 2018 /CNW/ – RNC Minerals (TSX: RNX) (“RNC”), is pleased to announce that 19,356,772 million common share warrants have been exercised at prices ranging from $0.24 to $0.50 per share, for total proceeds of $8.4 million.
- Emerald Health Therapeutics Secures Long-term Supply of Hemp for CBD Extraction
VICTORIA, British Columbia, Sept. 26, 2018 (GLOBE NEWSWIRE) — Emerald Health Therapeutics, Inc. (TSXV:EMH; OTCQX:EMHTF) (“Emerald”) has agreed to purchase from Emerald Health Hemp Inc. (EHH) CBD-containing hemp biomass for extraction into CBD oil. EHH has established agreements to purchase approximately 500 acres of harvested hemp chaff, plant material consisting mainly of flower and leaf, in Manitoba and Prince Edward Island in 2018, with a plan to expand field operations in 2019. Emerald has signed an agreement with EHH to purchase approximately 500 acres of chaff in 2018 and approximately 1,000 acres in 2019 to 2022, with an option to renew for an additional two-year period. The hemp chaff will be processed via Emerald’s exclusive alliance with Factors R&D Technologies Ltd., a division of Factors Group of Nutritional Companies Inc., which has extensive extraction experience and large capacity.
- Drone USA’s Subsidiary Howco Distributing Receives Extended IQC (Indefinite Quantity Contract) from the U.S. Government for Wire Rope Assembly for a Potential Total of $454,000
PINE BROOK, NJ / ACCESSWIRE / September 26, 2018 / Drone USA, Inc. (OTCQB: DRUS) (“Drone USA” or the “Company”), a service provider and reseller of drones and distributor of products to the U.S. Government, today announced that its subsidiary, Howco Distributing (“Howco”), received an IQC extension to supply the U.S. Army with wire rope assemblies.
- ORHub Announces Agreement with a Northeast Florida Hospital System
NEWPORT BEACH, Calif., Sept. 26, 2018 /PRNewswire/ — ORHub, Inc. (OTCQB: ORHB) (the “Company” or “ORHub”), a HIPAA compliant, physician-driven digital software company focused on improving profitability and the cost effectiveness of hospitals through real-time smart data and analytics, today announces that ORHub has signed an agreement with a large Northeast Florida hospital system.
- Beleave Announces Increased Investment Agreement with Alumina Partners and Executive Management Update
TORONTO, Sept. 26, 2018 /CNW/ – Beleave Inc. (CSE: BE) (OTCQX: BLEVF) (“Beleave” or the “Company”) is pleased to announce it has amended its non-exclusive investment agreement with Alumina Partners, LLC, a New York-based private investment partnership, providing the availability of up to CAD $30 million (previously CAD $20 million) over a 24-month period, to take advantage of new opportunities, increase operating flexibility, and strengthen the Company’s balance sheet.
- Barfresh Opens New Distribution Channel with Dot Foods; Nation’s Largest Food Industry Redistributor
BEVERLY HILLS, Calif., Sept. 26, 2018 (GLOBE NEWSWIRE) — Barfresh Food Group, Inc. (OTCQB: BRFH), a manufacturer of frozen, ready-to-blend beverages, today announced that it has entered into a new distribution arrangement with Dot Foods, the largest food industry redistributor in North America. Barfresh’s line of frozen beverages will now be available to many of Dot Food’s approximate 4,500 locations representing multiple channels including food service, retail, and convenience.
- Weyland Tech Announces Further Update Regarding Its Spin-Off and Processing Instructions for DTC Participants
New York, NY, Sept. 26, 2018 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Weyland Tech Inc. (OTCQX: WEYL) (“Weyland” or the “Company”) announced today a further update regarding the spin-off of its Weyland AtoZPay subsidiary (“WAI”), which holds a 49% equity ownership interest in PT Weyland Indonesia Perkasa, a limited liability company organized under the laws of the Republic of Indonesia (“WIP”). WIP’s primary business operations include a digital financial transactions app serving the rapidly growing Indonesia e-commerce and e-payment markets (“eWallet”).
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