Venture Market News for October 3, 2018
- InnerScope Hearing Technologies,Becomes a Hearing Aid Manufacturer with the Signing of a 10-Year Hearing Aid Manufacturing, Design and Joint Marketing Agreement with Zounds Hearing, Inc.
The agreement allows InnerScopeto design and manufacture its own high quality hearing aid device brandsalong with InnerScope being recognized as one of only 13FDA registered manufacturer of hearing aid devices worldwide.
ROSEVILLE, Calif., Oct. 03, 2018 (GLOBE NEWSWIRE) — via OTC PR WIRE — InnerScope Hearing Technologies Inc. (OTCQB:INND) announced today it has signed a 10-Year Manufacturing, Design and Marketing Agreement (“Agreement”) with Zounds Hearing, Inc. (“Zounds”). Zounds is a FDA registered manufacturer of hearing aids, related components, and accessories sold under the brand name “Zounds.” Zounds is distributed through multiple marketing and distribution channels including Zounds branded retail locations. Under the Agreement, Zounds will be a subcontractor for InnerScope, providing all of InnerScope’s design, technology, manufacturing, and supply chain services. These services and resources will be shared between Zounds and InnerScope thereby lowering the cost for both companies.
- VIVO Announces $5 million Strategic Investment and Supply Agreement with Westleaf
NAPANEE, Ontario, Oct. 03, 2018 (GLOBE NEWSWIRE) — VIVO Cannabis Inc. (TSXV: VIVO, OTCQX: VVCIF) (“VIVO” or the “Company”) is pleased to announce that it has made a $5 million strategic investment in Westleaf Cannabis Inc. (“Westleaf”), which is intended to be used by Westleaf to advance the roll out of their cannabis retail operations across Canada. Westleaf’s mission is to provide a sophisticated and differentiated approach to customer engagement, appealing to customers through music and cannabis culture.
- MGX Minerals Announces Product Lineup for Next Generation Zinc Air Fuel Cell Systems
VANCOUVER, BRITISH COLUMBIA / ACCESSWIRE / October 3, 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 released preliminary datasheet specifications for its product line of next generation zinc-air energy storage systems. Details are as follows:
- Freedom Leaf Receives Investment From Merida Capital Partners for Acceleration of CBD Sales Channels and European Expansion
LAS VEGAS, Oct. 03, 2018 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE – Freedom Leaf Inc. (OTCQB: FRLF), owner of full spectrum CBD brands IrieCBD and Hempology (“Freedom Leaf or the “Company”), announced today that it has received a significant investment from cannabis private equity firm Merida Capital Partners (“Merida”) to further expand its existing US sales channels and accelerate its European hemp cultivation operations. Freedom Leaf and Merida have also agreed in principal to a strategic partnership by which Merida will provide certain operational resources and support for both Freedom Leaf’s US hemp-based cannabidiol (CBD) sales efforts and their global cultivation operations. In connection with Merida’s investment, Merida Senior Partner David Goldburg will be joining the Freedom Leaf Board of Directors.
- CBB Bancorp, Inc. Announces a 10% Stock Dividend
CBB Bancorp, Inc. (“CBB” or the “Company”) (OTCQB: CBBI), the parent company of Commonwealth Business Bank (the “Bank”), today announced the declaration of a 10% stock dividend to shareholders of record on October 15, 2018 and payable on October 29, 2018.
- GTEC Provides Update on Status of Sales License and Other Operational Updates
KELOWNA, BC, Oct. 3, 2018 /CNW/ – GTEC Holdings Ltd. (TSXV: GTEC) (OTCPK: GGTTF) (“GTEC” or the “Company”) is pleased to provide an update on the operations of its wholly owned subsidiaries.
- Smart Cannabis Corp. Sells 648 Multi Spectrum Grow Light Fixtures to Northern California Cannabis Cultivator
SACRAMENTO, Calif., Oct. 03, 2018 (GLOBE NEWSWIRE) — via OTC PR WIRE — Smart Cannabis Corp. (OTC: SCNA) announced a sale of their new-to-the-market Multi Spectrum Grow Lights to a Salinas, California client. To accommodate all of the retrofitted and new greenhouses being installed by Next Generation Farming, the client has ordered 648 of the company’s Multi Spectrum Grow Lights.
- NRG Reports High Lithium Grades for Measured and Indicated Resource at the Hombre Muerto Norte Lithium Project, Argentina
756 parts per million Li contained within 571,000 tonnes in the Measured Indicated Categories Low magnesium to lithium ratio of 2.6 to 1.0
Second well pumps at 20 liters per second limited only by pump size
VANCOUVER, Oct. 3, 2018 /CNW/ – NRG Metals Inc. (“NRG” or the “Company”) (TSX-V: NGZ) (OTCQB: NRGMF) (Frankfurt: OGPN) is pleased to provide additional information regarding the maiden lithium (“Li”) and potassium (“K”) resource statement for its Hombre Muerto Norte lithium brine project in the Salta province of Argentina. The average grade of lithium for the 571,000 tonne combined Measured and Indicated resource (509,000 measured and 62,000 indicated) is 756 mg/liter lithium, with a low lithium to magnesium ratio of 2.6 to one.
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