A glance at some of the day’s highlights from the Proactive Investors US and Canada newswires
Byrna Technologies Inc () () reported record sales of $11.1 million for its fiscal fourth quarter ended November 30, more than double the $4.2 million it made in the third quarter. Domestic sales represented 91% of the total and more than 85% of the sales were generated through the company’s e-commerce website, Byrna said. Law enforcement sales accounted for 3.4%.
Technology Inc () (FRA:26N) (OTCQB:NTTCF), a cryptocurrency payments company, revealed on Friday that it is developing a smart contract-based non-fungible token (NFT) platform for merchants, and ultimately its rapidly growing user base to allow “authenticity and provenance tracking” of products using Ethereum smart contract technology. The Vancouver-based company said the product “opens up a whole new use case for the development of the blockchain universe.” Non-fungible tokens contain identifying information recorded in their smart contracts. It’s this information that makes each NFT different and as such, they cannot be directly replaced by another token. A non-fungible token is a special type of cryptographic token, which represents something unique; non-fungible tokens are thus not mutually interchangeable. This is in contrast to cryptocurrencies like bitcoin that are fungible in nature.
KushCo Holdings Inc () noted that its investee company XS Financial Inc (CSE:XSF) (OTCQB:XSHLF) has entered into an agreement to provide Columbia Care (NEO:CCHW ) (OTCQX:CCHWF) (FRA:3LP) with an equipment lease facility of up to US$5.0 million to purchase new equipment. XS Financial, in which KushCo Holdings has an around 19% equity interest, is a specialty finance company that provides scalable equipment leasing solutions to cannabis and hemp companies in the US. KushCo formed a partnership and invested in XS Financial in January 2020.
() (FRA:LBDP) (OTCPINK:KDKGF) has announced that at its annual general meeting of shareholders held on Thursday, the company’s shareholders elected five directors to its board, namely Peter Tallman, Gordon Keep, John Pallot, Steven Brunelle and Tara Christie. The group’s shareholders also approved all other matters as proposed, including the appointment of Davidson & Company as auditors of the company and approval of the company’s stock option plan.
Hill Street Beverage Company Inc () said the TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on November 5, 2020, that will see the issue of 17,019,000 shares at a purchase price of 5 cents per share, together with 17,019,000 share purchase warrants at an exercise price of 13 cents for a two-year period with 30 placees.
Group Eleven Resources Corp () said the TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced July 9, 2020, and July 20, 2020, which saw the issue of 25,833,333 shares at a purchase price of 6 cents per share, together with 12,916,667 share purchase warrants with an exercise price of 12 cents for a three-year period with 21 placees.
Vehicles Corp. (), a designer and manufacturer of electric vehicles, has said it is scheduled to participate at the following virtual financial conferences during December 2020: Benzinga Global Small Cap Conference on Wednesday, December 9 at 12.45pm ET; Participating in Electric Vehicle (EV) panel on Wednesday, December 9 at 2.35pm ET; Conference and Panel registration link: https://events.benzinga.com/registration-page; and LD Micro 13th Annual Main Event on Tuesday, December 15 at 2.20pm ET; Conference registration link: https://ve.mysequire.com/
Benchmark Metals () (OTCQB:BNCHF) announced that Jim Greig, the company’s president, will present live at VirtualInvestorConferences.com on December 9, 2020, at 12.30pm ET via the following link: https://bit.ly/3f2vL7P. This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event. It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates. Learn more about the event at www.virtualinvestorconferences.com.
. () (OTCMKTS:CYLYF) (FRA:CCY) announced that its Bharat Parashar, chairman and chief executive officer and Sasha Jacob, founder and Strategic Advisor of the company will be hosting an investor webinar on Tuesday, December 8, 2020, at 12.00pm EST. The webinar will provide participants an overview of the company, its exciting recent developments as it accelerates production of its high-grade graphite deposits as well as detail on how the company is positioned to be a significant participant in the high-growth electric vehicle and battery storage markets. webinar Registration link: https://my.6ix.com/DveBYPHa. Parashar commented: “I encourage existing and potential investors to participate in this interactive meeting so that they may have the opportunity to learn more about Ceylon Graphite and the unique investment opportunity the Company presents. Graphite currently impacts our daily lives in many ways and will become even more important in the years to come as the world goes green and electric vehicles and battery storage gain further adoption.” Ceylon Graphite also said it will be presenting at the following virtual investor conference in the new year: Virtual Metals Investor Forum, January 14-15, 2021
. () (OTCQX:MYIDF) has announced that the company’s CEO, Neil Sweeney has filed an early warning report in connection with a recently completed reorganization of shareholdings solely among parties directly under his control, resulting in the creation of a new insider of Killi, 2393304 Ontario Inc. On November 27, 2020, Sweeney and Sweeney Oriole Trust acted jointly in transferring all of their common shares in the capital of Killi to 2393304 Ontario Inc. The trust, which owns 100% of 2393304 Ontario Inc, and Sweeney transferred a total of 100,000,000 Killi common shares, representing approximately 33.7% of the issued and outstanding common shares of the company. The common shares were acquired for investment purposes
