Venture Market News for September 27, 2018
- Largo Resources Repays All Existing Long-term Brazilian Debt
TORONTO, Sept. 27, 2018 /CNW/ – Largo Resources Ltd. (“Largo” or the “Company”) (TSX: LGO) (OTCQX: LGORF) is pleased to announce that its operating subsidiary Vanádio de Maracás S.A. has repaid in full to Banco Pine S.A. its outstanding debt (the “BP Debt”) of R$70,981,564.30 (being approximately CDN$22.9 million). The BP Debt was the only long-term debt that remained outstanding in Brazil following repayment of the Company’s facilities in August 2018 (see press release dated August 2, 2018).
- Petroteq Reaches Commercial Production Milestone and Publishes Statement From the CEO
SHERMAN OAKS, CA, Sept. 27, 2018 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Petroteq Energy Inc. (“Petroteq” or the “Company”) (TSXV:PQE; OTC:PQEFF; FSE:PQCF), a fully integrated oil and gas company, is pleased to announce that it has initiated commercial production at its Vernal, Utah facility and publishes the following statement from its CEO, Mr. David Sealock.
- DiaMedica Therapeutics and Ahon Pharma, a Fosun Pharma Portfolio Company, Announces Signing of License Agreement for DM199 in China for Acute Ischemic Stroke
MINNEAPOLIS and SHANGHAI, China, Sept. 27, 2018 (GLOBE NEWSWIRE) — Ahon Pharmaceutical Co Ltd.(Ahon Pharma), a subsidiary of Shanghai Fosun Pharmaceutical (Group) Co. Ltd, (Fosun Pharma, HKG: 02196 and SHA: 600196) and DiaMedica Therapeutics Inc. (TSX Venture: DMA and OTCQB: DMCAF) today entered into a license and collaboration agreement, which allows Ahon to have exclusive rights to develop and commercialize DM199 for acute ischemic stroke in mainland China, Taiwan, Hong Kong S.A.R. and Macau S.A.R. Fosun Pharma is one of China’s largest pharmaceutical firms with annual sales of more than USD$2 billion and an extensive related hospital sales force.
- Western Uranium Provides Company Updates
TORONTO and NUCLA, Colo., Sept. 27, 2018 (GLOBE NEWSWIRE) — Western Uranium Corporation (CSE: WUC) (OTCQX: WSTRF) (“Western” or the ”Company”) is pleased to provide the following updates.
- MariMed Completes Strategic Investment in Sprout
Accelerates growth of Sprout’s comprehensive CRM & marketing software platform
Provides features and functions to expand growth of MariMed brands into new markets
BOSTON, MA and Newton, MA, Sept. 27, 2018 (GLOBE NEWSWIRE) — MariMed, Inc. (OTCQB: MRMD), a professional cannabis organization that develops cannabis facilities and brands of cannabis infused products in multiple states throughout the US, announced today it had consummated its strategic investment in Sprout, an all-in-one CRM and marketing software company for marijuana dispensaries and cannabis brands. This completes the previously announced MariMed LOI for investment in Cannabis Venture Partners, parent company of Sprout.
- Experian reinforces its commitment to help companies more accurately identify and better connect with people
New whitepaper and Advertising Week panel discussions aim to educate marketers on how data and technology can drive better customer experiences
COSTA MESA, Calif., Sept. 27, 2018 /PRNewswire/ — Customer identity is the foundation of any successful business, yet many businesses still struggle to properly identify their customers. According to recent research from the Data & Marketing Association (DMA) and Winterberry Group, only 15 percent of businesses can identify their audiences accurately and consistently. To help, Experian® today unveiled a new whitepaper designed to educate companies on how to tackle the identity resolution challenge head-on and deliver communications that resonate with both prospects and customers.
- Cannabis Strategic Ventures Announces Completion of Fiscal Year 2018 Audit and Pursues Fully Reporting Status
LOS ANGELES, Sept. 27, 2018 (GLOBE NEWSWIRE) — via NetworkWire — Cannabis Strategic Ventures, Inc. (OTC Pink: NUGS) is pleased to announce the completion of a full audit for its fiscal year ending March 31, 2018. This completes the three-year audit required as part of becoming a fully reporting company with the U.S. Securities & Exchange Commission (“SEC”). Cannabis Strategic Ventures will utilize the audit results to file future reports and disclosures with the SEC and move the Company to fully reporting status. The Company will also use the fully reporting status to uplist to a higher OTC Markets tier.
- Pacific Green Signs Agreement With Union Maritime Limited For US$29.4m To Install Its Envi-Marine(TM) System On Sixteen Vessels
SAN JOSE, CA / ACCESSWIRE / September 27, 2018 / Pacific Green Technologies Inc. (‘PGTK’) (OTCQB: PGTK) through its wholly owned subsidiary, Pacific Green Marine Technologies Inc. (‘PGMT’), has executed a sale and purchase agreement dated September 10, 2018 with Union Maritime Limited (‘Union’) pursuant to which PGTM will manufacture and install its ENVI-MarineTM System on up to sixteen vessels between now and March 2020 for a total value of approximately US$29.4m.
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