Venture Market News for November 8, 2018
- Alternate Health Secures $20 Million in Debt Financing for Expansion of California Cannabis Operations
SAN ANTONIO, TX, Nov. 8, 2018 /CNW/ – Alternate Health Corp., (“Alternate Health” or the “Company”) (CSE:AHG) (OTCQB:AHGIF), an international leader in technology solutions for the regulated cannabis industry, announced today that the Company has signed a binding letter of intent with Agincourt Ventures, LLC to secure funding of $20 million, structured as a debt finance and limited stock purchase agreement, with the option to increase the total financing in the future with an additional note.
- Elev8 Brands, Inc. Acquires New Distributor In Metro New York
Company formulates Brand New Canned CBD Iced Coffee
ORLANDO, Fla., Nov. 08, 2018 (GLOBE NEWSWIRE) — via OTC PR WIRE — Elev8 Brands, Inc. (OTCQB: VATE), a holding company focused on the commercial is pleased to announce the first purchase from a new distributor YP Natural Inc.
- Glance Technologies Launches Glance PayMe™, Mobile Point of Sale (POS) Enabling Payments & Rewards for Freelancers & SMBS
VANCOUVER, B.C., Nov. 08, 2018 (GLOBE NEWSWIRE) — Glance Technologies Inc. (“Glance” or the “Company”) (CSE:GET.CN) (OTCQB:GLNNF) (FKT:GJT) is pleased to announce it has officially launched Glance PayMe™, providing merchants with an unparalleled suite of payment options, including powerful anti-fraud technology and a robust loyalty rewards program — all managed via the merchant’s own mobile device without the need of any extra hardware.
- Standard Lithium Receives Nasdaq International Designation
VANCOUVER, British Columbia, Nov. 08, 2018 (GLOBE NEWSWIRE) — Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV: SLL) (OTC-Nasdaq Intl. Designation: STLHF) (FRA: S5L), is pleased to announce that Standard Lithium has been admitted into the Nasdaq International Designation program under the symbol OTC – Nasdaq International Designation: STLHF. This is an over-the-counter (OTC) platform designed for non-U.S. companies. The program provides member companies with Nasdaq’s visibility offering, allowing for greater access to U.S.-based investors.
- Bombardier Reports Third Quarter 2018 Results, Announces Sale of Non-Core Assets and Strategic Actions to Streamline the Company and Drive Productivity
MONTRÉAL, Nov. 08, 2018 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) today reported its third quarter 2018 results marked by strong earnings growth. The Company also announced a number of strategic actions, including the launch of an enterprise-wide productivity program. This program is expected to generate annual savings of $250 million at full run rate, which we expect by 2021. Bombardier reached definitive agreements for the sale of non-core assets and the monetization of royalties, which is expected to generate approximately $900 million in net proceeds, increasing financial flexibility as the Company approaches the final – deleveraging – phase of its turnaround plan. Other highlights in the quarter include the certification of the Global 7500 business jet, paving the way for the aircraft’s entry into service in December 2018, and marking the end of the Company’s heavy investment cycle.
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