Venture Breakfast Bits, by 24/7 Market News

Venture Market News for January 17, 2019

  • Altria Group Invests Up to $12M in Lexaria Bioscience’s DehydraTECH™ Technology

KELOWNA, British Columbia, Jan. 17, 2019 (GLOBE NEWSWIRE) — via NetworkWire — Lexaria Nicotine LLC, a wholly owned subsidiary of Lexaria Bioscience Corp. (OTCQX: LXRP) (CSE: LXX), has entered into a definitive agreement with Altria Group Inc. (NYSE: MO) to fund the research & development of Lexaria’s patented DehydraTECH™ technology.

Full press release

  • Altius Reports Royalty Revenue of $17.5M and $66.9M for the Quarter and Year Ended December 31, 2018 and Provides Revenue Guidance for 2019 of $67-$72M

Altius Minerals Corporation (TSX: ALS; OTCQX: ATUSF) (“Altius” or the “Corporation”) reports that it will release audited financial results for its three month and twelve month period ended December 31, 2018 on March 12, 2019 after the close of market, with a conference call to follow March 13, 2019 at 9:00 am ET.

Full press release

  • Freddie Mac Sets Record with $78 Billion Multifamily Production in 2018

MCLEAN, Va., Jan. 17, 2019 (GLOBE NEWSWIRE) — Freddie Mac’s (OTCQB: FMCC) Multifamily line of business today announced it has set a new record with $77.5 billion in loan purchase and guarantee volume for 2018, and $500 million in Low-Income Housing Tax Credit (LIHTC) equity investments. The $78 billion in total production bests the company’s prior record of $73.2 billion set in 2017. Overall, the company financed more than 860,000 rental units, more than 90 percent of which are considered affordable to low- and moderate-income families making 120 percent of area median income (AMI) and below.

Full press release

  • Invictus MD Announces Submission of Its Application to List on NASDAQ and Share Consolidation

VANCOUVER, Jan. 17, 2019 /CNW/ – INVICTUS MD STRATEGIES CORP. (“Invictus” or the “Company”) (TSXV: GENE; OTCQX: IVITF; FRA: 8IS1) is pleased to announce that it has submitted its application to list its common shares (the “Shares”) on the NASDAQ Capital Market (“NASDAQ”). In advance of listing on NASDAQ, the Company will file a Form 40-F Registration Statement with the United States Securities and Exchange Commission. The listing of the Company’s Shares on NASDAQ remains subject to the approval of NASDAQ and the satisfaction of all applicable listing and regulatory requirements, including the effectiveness of the Form 40-F Registration Statement.

Full press release

  • OTC Markets Group Reports 2018 Trading Statistics and Highlights

NEW YORK, Jan. 17, 2019 /PRNewswire/ — OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced its trading statistics and news highlights for 2018.

Full press release

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