Day: November 29, 2019

EDMONTON, Alberta, Nov. 29, 2019 (GLOBE NEWSWIRE) — Radient Technologies Inc. (“Radient” or the “Company”) (TSX Venture: RTI; OTCQX: RDDTF), a global commercial manufacturer of high quality cannabinoid-based ingredients, formulations and products, has released its financial results for its second fiscal quarter ended September 30, 2019. The financial statements and Management’s Discussion & Analysis are available under the Company’s profile at www.SEDAR.com.Financial & Operational Highlights During Fiscal Q2 2020:Revenue:After thoroughly validating its proprietary extraction technology and processes, Radient is pleased to report revenues of CAD $1,238,350 in Q2 2020, representing an increase of 696% over revenues for the comparative quarter in the previous fiscal year.Radient’s cannabis biomass inventory totaled CAD $25.0...

TORONTO, Nov. 29, 2019 (GLOBE NEWSWIRE) — Fura Gems Inc. (“Fura” or the “Company”) (TSXV: FURA, OTC: FUGMF and FRA: BJ43) announces the extension of the drop dead date for the closing of the Merger of Ruby Assets Agreement dated July 14, 2018, as amended (the “MRAA”). In accordance with the MRAA, on November 28, 2019, the Company gave New Energy Minerals Ltd. (formerly known as Mustang Resources Ltd.) written notice to extend the drop-dead date of the MRAA from November 30, 2019 to December 31, 2019.The MRAA contemplates the purchase and sale by Fura of interests in three ruby licenses/concessions in Mozambique as follows: (i) 75% of the issued shares of Montepuez Minerals Pty Ltd., which owns a 70% interest in mining licence 5030L and an 80% interest in mining concession 8921C; and (ii) a right to earn a 65% interest in mining...

CAMBRIDGE, Mass., Nov. 29, 2019 (GLOBE NEWSWIRE) — Sarepta Therapeutics, Inc. (NASDAQ:SRPT), the leader in precision genetic medicine for rare diseases, granted equity awards on November 29, 2019, that were previously approved by the Compensation Committee of its Board of Directors under Sarepta’s 2014 Employment Commencement Incentive Plan, as a material inducement to employment to fourteen individuals hired by Sarepta in November 2019. The equity awards were approved in accordance with Nasdaq Listing Rule 5635(c)(4).The employees received, in the aggregate, options to purchase 19,535 shares of Sarepta’s common stock, and in the aggregate, 9,875 restricted stock units (“RSUs”). The options have an exercise price of $112.49 per share, which is equal to the closing price of Sarepta’s common stock on November 29, 2019...

VANCOUVER, British Columbia, Nov. 29, 2019 (GLOBE NEWSWIRE) — Nabis Holdings Inc. (CSE:NAB) (OTCQB: NABIF) (FRA: A2PL) (“NabisTM” or the “Company”), a leading Canadian investment company with specialty investments in assets across multiple divisions of the cannabis sector, today announced that Larry Koza has resigned from the Company’s Board of Directors, effective November 22, 2019, in order to focus on other business obligations.Mark Krytiuk, COO and Board Chairman, commented, “On behalf of our Board of Directors, I want to thank Larry for his valuable service and contributions during Nabis’ rapid growth and expansion. We wish him the best of luck in his future endeavors.”About Nabis Holdings Inc.Nabis Holdings is a Canadian investment issuer that invests in high quality cash flowing assets across multiple industries, including...

CALGARY, Alberta, Nov. 29, 2019 (GLOBE NEWSWIRE) — Cequence Energy Ltd. (“Cequence” or the “Company”) (TSX: CQE) is pleased to announce that its senior lender has completed a redetermination of the borrowing base under the Company’s senior secured credit facility (the “Credit Facility”), and has confirmed the borrowing base remains at $7 million. Other than outstanding letters of credit totalling approximately $1.6 million, the Company currently has no amounts drawn under the Credit Facility.OVERVIEW OF CEQUENCECequence is engaged in the exploration for and the development of oil and natural gas reserves. The Company’s primary focus is the development of its Simonette asset in the Alberta Deep Basin with other non-core assets in Northeast British Columbia and the Peace River Arch of Alberta. Further information...

VANCOUVER, British Columbia, Nov. 29, 2019 (GLOBE NEWSWIRE) — RavenQuest BioMed Inc. (CSE: RQB OTCQB: RVVQF Frankfurt: 1IT) (the “Company” or “RavenQuest”), today announced that Cassidy McCord has been appointed director of the Company. Ms. McCord’s bio can be found below.  RavenQuest further announces the resignation from the board of Mark Ahrens-Townsend.“As RavenQuest evolves toward profitability, the composition of our board has taken shape to reflect our plans for 2020 and beyond,” said George Robinson, RavenQuest CEO. “To fully realize our potential moving forward, I’m confident recent changes at the board level will provide impactful leadership and perspective as we transition from a start-up into an operating company.” Robinson continued.Cassidy McCordMs. McCord has a medicinal cannabis background, focusing on...

SAN MATEO, Calif., Nov. 29, 2019 (GLOBE NEWSWIRE) — Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) (the “Company” or “PLUS”), a cannabis branded products company in the U.S., today released its unaudited financial and operational results for the three and nine months ended September 30, 2019, expressed in U.S. dollars. These filings are available for review on the Company’s SEDAR profile at www.sedar.com and with the Canadian Securities Exchange (the “CSE”).Q3 Financial Highlights (amounts are approximate and are stated in U.S. Dollars, unless stated otherwise):Net Revenues climbed to $3.5 million in Q3 2019, representing a 38% year-over-year growth compared to Q3 2018 net revenues of $2.6 million. Gross Revenues increased to $3.9 million, representing a 50% year-over-year growth compared to Q3 2018 of $2.6 million. Discounts &...

STRATHROY, Ontario, Nov. 29, 2019 (GLOBE NEWSWIRE) — Eve & Co Incorporated (“Eve & Co” or the “Company”) (TSX-V: EVE; OTCQX: EEVVF) opened the doors of its 780,000 square foot expansion of its greenhouse facility to investors, media, local government officials and the community last week.“Thank you to everyone who came out to share in the unveiling of our state-of-the-art greenhouse expansion. We sincerely appreciate the support of the Eve community who came to Strathroy to celebrate this momentous milestone,” expressed Melinda Rombouts, President and Chief Executive Officer of Eve & Co.The new 780,000 square foot facility brings together the best in class greenhouse technology, components, engineering and design. With this expansion, Eve & Co has the potential to become a significant supplier to the Canadian...

HOUSTON, Nov. 29, 2019 (GLOBE NEWSWIRE) — Greenfields Petroleum Corporation (the “Corporation” or “Greenfields”) (TSX VENTURE: GNF), a production focused company with operating assets in Azerbaijan, announces its financial and operating results for the three and nine months ended September 30, 2019  and the extension of senior secured debt payments and forbearance of senior lender’s previously announced repayment demand.Selected financial and operational information included below should be read in conjunction with the Corporation’s condensed consolidated financial statements for the three and nine months ended September 30, 2019 and related management’s discussion and analysis (“MD&A”), which can be found at www.Greenfields-Petroleum.com and on SEDAR at www.sedar.com. Except as otherwise indicated, all dollar amounts referenced...

VAUGHAN, Ontario, Nov. 29, 2019 (GLOBE NEWSWIRE) — Ignite International Brands, Ltd. (“Ignite” or the “Company”), announced the release of its financial and operating results for its third quarter ended September 30, 2019.The Company’s Management Discussion and Analysis (“MD&A”) and interim, unaudited consolidated financial statements for the third quarter ended September 30, 2019, along with all previous public filings may be found on SEDAR at www.SEDAR.com. In addition, the Company announced that it has cancelled a total of 1,160,000 stock options (the “Cancelled Options”) granted to certain officers, directors, and employees of the Company on November 29, 2019.  The Cancelled Options were granted on February 2, 2019, expiring on February 2, 2024 and were exercisable at $3.50 per share.  None of the Cancelled...