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Newsfile News Releases

May 23, 2019 15:27 ET
SEC, NASAA, and FINRA Issue Senior Safe Act Fact Sheet to Help promote Greater Reporting of Suspected Senior Financial Exploitation
Washington, D.C.--(Newsfile Corp. - May 23, 2019) - In recognition of the one-year anniversary of the passage of The Senior Safe Act, the Securities and Exchange Commission, the North American Securities Administrators Association (NASAA), and the Financial Industry Regulatory Authority (FINRA) have issued a fact sheet to help raise awareness among broker-dealers, investment advisers, and transfer agents of the Act and how the Act’s immunity provisions work.
May 23, 2019 15:16 ET
Asterion to Hold 2019 Annual General Meeting and Corporate Presentations
Vancouver, British Columbia--(Newsfile Corp. - May 23, 2019) - Asterion Cannabis Inc. (P.ASTR) ("Asterion" or the "Company") announces that the Company's 2019 Annual General Meeting of Shareholders will be held at the Fairmont Vancouver Hotel in the Saturna Room, 900 West Georgia Street, Vancouver, BC, Canada on Thursday, June 20, 2019 at 12:00 p.m.
May 23, 2019 15:04 ET
SmartDeskCRM Inc. recognized as one of the Top 25 Top companies to watch in 2019.
Whitby, Ontario--(Newsfile Corp. - May 23, 2019) -  At a launch party at Goldie's in Toronto attended by the cream of the Canadian IT industry, Branham Group CEO Wayne Gudbranson announced the 2019 Top 25 Up and Comers list including SmartDesk CRM Inc.
May 23, 2019 14:51 ET
Cansortium Inc. First Quarter Financial Results and Conference Call Scheduled for May 30
Miami, Florida--(Newsfile Corp. - May 23, 2019) - Cansortium Inc. (CSE: TIUM) ("Cansortium" or the "Company"), a leading Florida-based medical cannabis company operating under the Fluent™ brand (formerly Knox Medical) and with a mission to deliver the highest standards of cannabis care from nursery to lab to shelf, will host a conference call on Thursday, May 30, 2019 at 5:00pm (ET) to review its first-quarter 2019 financial results, which will be released earlier that day.
May 23, 2019 14:36 ET
Osoyoos Business Updates
Toronto, Ontario--(Newsfile Corp. - May 23, 2019) - Osoyoos Cannabis Inc. (CSE: OSO) (the "Company") announces that the Board of Directors has secured extended and improved terms of a loan note initially payable on March 15, 2020, to a founder and former Director of the Company.
May 23, 2019 14:01 ET
Cansortium Announces Private Placement of US$27,144,000 of Convertible Debentures
Miami, Florida,--(Newsfile Corp. - May 23, 2019) - Cansortium Inc. (CSE: TIUM.U) ("Cansortium" or the "Company") is pleased to announce the closing today of its previously announced private placement financing conducted with Canaccord Genuity Corp. and Paradigm Capital Inc. (together with Canaccord Genuity Corp, the "Agents"). The Company issued on a private placement basis US$27,144,000 aggregate principal amount of convertible debenture units (the "Convertible Debenture Units" or the "Offered Securities") at an issue price of US$1,000 per Convertible Debenture Unit. Each Convertible Debenture Unit consisted of (i) a senior secured convertible debenture of the Company having a face value of US$1,000 (the "Principal Amount") and accruing interest at 12.0% per annum (the "Convertible Debentures") and (ii) 292 common share purchase warrants (the "Warrants") of the Company (the "Offering"). Each Warrant will be exercisable to acquire one common share of the Company (a "Warrant Share") at any time prior to March 21, 2021 at an exercise price of US$2.40 per Warrant Share, subject to adjustment in certain events. US$25,144,000 was raised pursuant to a brokered placement through the Agents and US$2,000,000 was a non-brokered placement directly from the Company to investors.
May 23, 2019 13:46 ET
Burcon Introduces Nutratein(R) Plant Protein Ingredients - New Pea + Canola Protein Blends Provide Protein Quality Equivalent to or Exceeding Dairy and Meat
"Burcon's novel and proprietary pea and canola proteins have exciting applications in numerous food and beverage products," said Johann F. Tergesen, Burcon's president and chief executive officer, adding, "The ability to blend Burcon's unique pea and canola proteins to create nutritionally unparalleled plant protein combinations in our Nutratein product family, while preserving the highly desirable functional properties the proteins naturally possess, will give us a true competitive advantage, marking a key pillar of our leadership strategy in the rapidly growing plant protein market worldwide."
May 23, 2019 12:17 ET
SEC Sues Alleged Perpetrator of Fraudulent Pyramid Scheme Promising Investors Cryptocurrency Riches
Washington, D.C.--(Newsfile Corp. - May 23, 2019) - The Securities and Exchange Commission filed a civil injunctive action against Daniel Pacheco, a resident of San Clemente, California, and the alleged perpetrator of a multimillion-dollar pyramid scheme.
May 23, 2019 11:56 ET
Advance Gold's Joint Venture Partner Acacia Mining Receives Takeover Offer From Barrick
Kamloops, British Columbia--(Newsfile Corp. - May 23, 2019) - Advance Gold Corp. (TSXV: AAX) ("Advance Gold" or "the Company") is pleased to provide an update on the recent news that Barrick Gold Corporation ("Barrick") has made a takeover offer for Acacia Mining plc("Acacia"). The Company has not been contacted by either Barrick or Acacia concerning the takeover offer and its effect on the Kakamega joint venture project between Acacia and Advance Gold.
May 23, 2019 10:59 ET
CSE New Listing - 12 Exploration Commences Trading on the Canadian Securities Exchange - Video News Alert on Investmentpitch.com
Vancouver, British Columbia--(Newsfile Corp. - May 23, 2019) - 12 Exploration Inc (CSE: TWLV) is one of the latest new listing on the Canadian Securities Exchange. The company is a mineral exploration company focused on the acquisition, exploration and development of properties for the mining of gold and other minerals.
May 23, 2019 10:59 ET
Peak Files Q1 2019 Results Marking Fourth Consecutive Quarter of Revenue Growth
Montreal, Quebec--(Newsfile Corp. - May 23, 2019) - Peak Positioning Technologies Inc. (CSE: PKK) ("Peak" or the "Company") today announced its financial results and operating highlights for the three-month period ended March 31, 2019. The first quarter 2019 financial results mark the fourth consecutive quarter that the Company has posted increases in both revenue and EBITDA. All amounts expressed are in Canadian dollars.
May 23, 2019 10:10 ET
SEC Seeks Emergency Relief to Halt Prominent New York Developer's Ponzi-Like Real Estate Investment Scheme
Washington, D.C.--(Newsfile Corp. - May 23, 2019) - The Securities and Exchange Commission filed an emergency action charging Robert C. Morgan, a New York residential and commercial real estate developer, and two of his entities, Morgan Mezzanine Fund Manager LLC and Morgan Acquisitions, LLC, with fraud for siphoning and misusing investor funds. In its action, filed Wednesday, the SEC seeks an asset freeze and other emergency relief.
May 23, 2019 09:00 ET
Bearing Announces Proposed Extension to Warrant Term
Vancouver, British Columbia--(Newsfile Corp. - May 23, 2019) - Bearing Lithium Corp. (TSXV: BRZ) (OTCQB: BLILF) (FSE: B6K2) ("Bearing" or the "Company")  announces that, subject to approval by the TSX Venture Exchange, it intends to extend the expiry date of 4,565,000 outstanding share purchase warrants (the "Warrants") issued pursuant to a private placement that closed in two tranches in August 2018. The Warrants currently expire on August 8, 2019 and August 16, 2019. If approved, the new expiry date for the Warrants will be December 31, 2019.
May 23, 2019 09:00 ET
Cuda Oil and Gas Inc. Announces Start-up of Operations at the Company's Natural Gas Miscible Flood Facility and Submission of Gas Flood Application to WOGCC in the Powder River Basin, Wyoming
Calgary, Alberta--(Newsfile Corp. - May 23, 2019) - Cuda Oil and Gas Inc. (TSXV: CUDA) ("Cuda" or the "Company") is pleased to announce the natural gas plant and associated facilities on the Barron Flats (Deep) Federal Unit (BFU) in Converse County, Wyoming have been commissioned to process rich Shannon field solution gas. The plant is a key step to allowing the Company to access gas flood reserves assigned by Ryder Scott in the recent independent Reserves Report. Processed natural gas liquids (estimated at 125 bbls per mmcf) will be stored onsite and utilized initially for a cyclic gas-injection stimulation test at the William Valentine #1 with an estimated onstream date of July 1, 2019.
May 23, 2019 09:00 ET
Pool Safe Enters the Florida Market with Three Revenue Share Partnerships
Toronto, Ontario--(Newsfile Corp. - May 23, 2019) - Pool Safe Inc. (TSXV: POOL) ("Pool Safe" or the "Company") continues a year of strong development in the Florida market with the announcement that it has signed three outdoor waterparks to the Company's three-year revenue share partnership, for a total deployment of 83 PoolSafe units.
May 23, 2019 09:00 ET
RETRANSMISSION: ML Gold Provides Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - May 23, 2019) - ML Gold Corp. (TSXV: MLG) (FSE: X0VP) ("ML Gold" or the "Company") provides an update on its Block 103 Iron Ore project located in the heart of the Labrador Trough in Newfoundland and Labrador, Canada.
May 23, 2019 08:45 ET
M2 Cobalt Discovers New Anomalies with Showings of 37.8 % Copper and 18.15 G/t Gold Within Its New Kilembe-Area Exploration Licences - Expands Regional Play and Launches Drilling at Bujagali
Vancouver, British Columbia--(Newsfile Corp. - May 23, 2019) - M2 Cobalt Corp. (TSXV: MC) (OTCQB: MCCBF) (FSE: A0K) (the "Company") is pleased to provide an update on its 2019 exploration program launched in March 2019. In addition to conducting further infill sampling around its Waragi and Nile targets, ground geophysics and geochemistry have commenced across the new exploration licenses acquired in October 2018 at Bujagali and in the Kilembe area.
May 23, 2019 08:30 ET
Contact Gold Announces Start of 2019 Drill Program at Pony Creek
Vancouver, British Columbia--(Newsfile Corp. - May 23, 2019) - Contact Gold Corp. (TSXV: C) (the "Company" or "Contact Gold") is pleased to report the start of the 2019 drill program at the Pony Creek gold property ("Pony Creek"). Drilling is underway, with one RC drill rig drilling at the Bowl Zone.
May 23, 2019 08:30 ET
Palamina Samples High Grade Silver-Copper-Lead Mineralization at Lagos Project in South-Eastern Peru
Toronto, Ontario--(Newsfile Corp. - May 23, 2019) - Palamina Corp. (TSXV: PA) has completed first pass surface sampling on its Lagos Project in Peru and has identified a number of outcropping high-grade silver-copper-lead occurrences. Individual channel samples collected from outcropping veins on the property range from detection to highs of 1,135 g/t silver, 7.3% copper and 30% lead (see tables below).