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First Cobalt Corp. (TSX-V:$FCC), CobalTech Mining Inc. (TSX-V:$CSK)
First Cobalt and CobalTech Mining shares went up by 22.4% and 24.3% respectively on the announcement that CobalTech shareholders have approved the proposed merger deal. The combined company will own more than 10,000 hectares of prospective land, including the only permitted cobalt refinery in North America designed to produce battery materials.
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WeedMD Inc. (TSX-V:$WMD)
WeedMD has entered a greenhouse lease agreement to expand its production capacity from only 1,200 kg per year to 21,000 kg. It also has an option to expand the property lease, increasing annual production to more than 50,000 kg. This deal positions the company for a significant production increase aimed at supplying the medical market.
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Acasti Pharma Inc. (TSX-V:$ACST)
Acasti Pharma shares jumped by nearly 50% on Wednesday as the company provided further details on its CaPre licensing deal with a leading China-based pharmaceutical company. CaPre, the company’s prescription drug candidate, is a highly purified omega-3 phospholipid concentrate derived from krill oil and is being developed to treat severe hypertriglyceridemia.
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ABcann Global Corp. (TSX-V:$ABCN)
ABcann’s stock went up by 21.7% at market close on Wednesday as the company was highlighted in a publication discussing investment in Canada’s cannabis market. The article states that a significant amount of money is pouring into this market, and ABcann is poised to become one of the first companies to benefit from this surge in investment.
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Fintech Select Ltd. (TSX-V:$FTEC)
Fintech Select signed a letter of intent on Wednesday with a blockchain firm that has developed a revolutionary gaming token, which will leverage the Selectcoin platform to increase consumer access. Fintech will provide further updates once the ICO prelaunch has been completed.
Featured image: cobaltechmining.com
