Venture Breakfast Bits, by 24/7 Market News

Venture Market News for January 16, 2019

  • KushCo Holdings, Inc. Prices $34.0 Million Registered Direct Offering

GARDEN GROVE, Calif., Jan. 16, 2019 (GLOBE NEWSWIRE) — KUSHCO HOLDINGS, INC. (OTCQB: KSHB) (“KushCo” or the “Company”), the parent company of innovative industry leaders such as Kush Supply Co., Kush Energy, The Hybrid Creative, and Koleto Innovations, which provide a range of services and products for a variety of industries including the regulated cannabis and CBD industries, today announced it has entered into definitive agreements with investors for the purchase and sale of (i) 6,476,190 shares of common stock, par value $0.001 per share, and (ii) warrants to purchase up to 3,238,095 shares of common stock at an combined offering price of $5.25 per share, pursuant to a registered direct offering. The warrants will have an exercise price of $5.75 per share, will be immediately exercisable and will expire five years from the date of issuance. The gross proceeds of the offering will be approximately $34.0 million before deducting placement agent fees and other estimated offering expenses. The Company intends to use the net proceeds for general corporate purposes, including, among other things, working capital, product development, acquisitions, capital expenditures, and other business opportunities. The closing of the registered direct offering is expected to take place on or about January 18, 2019, subject to the satisfaction of customary closing conditions.

Full press release

  • Amerigo Reports Record 2018 and Q4-2018 Production Results

January 16, 2019- OTC Disclosure & News Service- Vancouver, BC, Canada —This release includes additional documents. Select the link(s) below to view.

NR02 01-16-19 2018 and Q4-18 Production Results.pdf

Full press release

  • Gran Colombia Gold’s 2018 Annual Production Reaches 218,001 Ounces, Up 25% Over 2017; Announces Details for the Forthcoming Quarterly Repayment of Its Gold Notes On January 31, 2019

TORONTO, Jan. 16, 2019 (GLOBE NEWSWIRE) — Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced today that it produced a total of 55,260 ounces of gold in the fourth quarter of 2018, up 7% over the fourth quarter of 2017. This brings the total annual gold production for 2018 to 218,001 ounces, up 25% over 2017 and surpassing the Company’s initial guidance for 2018.

Full press release

  • CLS Holdings USA, Inc. (OTCQB: CLSH) (CSE: CLSH.U) Locks Up Acquisition of In Good Health, Inc.

LAS VEGAS, Jan. 16, 2019 /CNW/ – CLS Holdings USA, Inc. “CLS”, a diversified cannabis company operating as Cannabis Life Sciences, is pleased to announce that it has entered into an option (the “Agreement”) to acquire In Good Health, in accordance with the previously excuted letter of intent. In Good Health is a licensed medical dispensary in Brockton, Massachusetts.

Full press release

  • GB Sciences Completes Harvest of First Cannabis Crop in Partnership with The Louisiana State University Agricultural Research Center

Nationally recognized collaboration with the Louisiana State University Agricultural Center

LAS VEGAS, Jan. 16, 2019 /PRNewswire/ — GB Sciences, Inc. (OTCQB: GBLX) announced the harvest of the first test cannabis crop in the company’s nationally-recognized collaboration with Louisiana State University Agricultural Center.

Full press release

Connect with 24/7 Market News on social media

https://twitter.com/247MarketNewsHQ

https://www.facebook.com/247MarketNewsHQ/

About 24/7 Market News

As a pioneer in digital financial market media, 24/7 Market News (24/7MN) is dedicated to the swift distribution of financial market news and information.  24/7 MN provides comprehensive corporate communications resources and tools to engage the investment community.

DISCLAIMER:

24/7 Market News (24/7MN) is a third party publisher and news dissemination service provider that produces regular sponsored and non-sponsored reports, articles, stock market blogs, and newsletters covering equities listed on the NYSE, NASDAQ and micro-cap exchanges. 24/7MN holds no investment licenses and is NOT a financial advisory firm, investment adviser, analyst, or broker-dealer and does not undertake any activities that would require such registration. 24/7MN’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.

The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and based on publicly available information which is believed to be reliable. 24/7MN makes no representations as to the completeness, accuracy, or timeliness of the material provided and all materials are subject to change without notice.   24/7MN and/or its affiliates are not responsible for any gains or losses that result from the opinions expressed and are not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.

For further information on 24/7 Market News, please go to www.247marketnews.com 

Forward-Looking Statements

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan,” or “planned,” “will,” or “should,” “expected,” “anticipates,” “draft,” “eventually,” or “projected.” You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and 24/7MN undertakes no obligation to update such statements

CONTACT:

24/7 Market News

Editor@247marketnews.comTop of Form

Next Post

Login to your account below

Fill the forms bellow to register

Retrieve your password

Please enter your username or email address to reset your password.

Send this to a friend

Hi, this may be interesting you: Venture Breakfast Bits, by 24/7 Market News! This is the link: https://www.247marketnews.com/press-releases/venture-breakfast-bits-by-24-7-market-news-98/