Daily Picks for 11/9/16
Welcome to the Daily Picks! Where Uptick staff looks for new companies to feature, giving readers the opportunity to find new possibilities for their investment portfolios.
WDLF: Social Life Network, Inc.
The WeedLife Network Launches FreeWeedSite.com, a Free Website Builder For Legal Cannabis And Hemp Business Owners Around The World
Social Life Network, Inc. (OTC:WDLF), is pleased to report the release of FreeWeedSite.com, a technology platform that targets hundreds of thousands of businesses worldwide. FreeWeedSite.com is an easy-to-use website builder for cannabis and hemp business owners, as well as marketing directors who need to better promote their brands online.
Unlike website builders such as WIX, WordPress.com and others, FreeWeedSite.com comes without any co-branding and allows business users to select from four separate domain name extensions for free (WeedSite.BIZ, .NET, .ORG and .ME). Or, for just $99 per year, business owners can opt to point their own custom domain name to their own “free-to-build” website.
GPHOF: Graphite One Resources Inc.
Graphite One Resources Inc. (TSX VENTURE:GPH)(OTCQX:GPHOF) (“Graphite One” or the “Company”) is pleased to announce that it has completed its non-brokered private placement offering (the “Offering”).
The net proceeds of the Offering will be used for exploration and development of the Company’s Graphite Creek Project, for final preparation of the Graphite Creek Preliminary Economic Assessment (PEA) projected for completion in Q4 2016, and for general working capital purposes.
The Company has issued 10,150,000 Units (the “Units”) at a price of $0.08 per Unit for a total of $812,000. Each Unit consists of one common share (a “Common Share”) and one transferable common share purchase warrant (a “Warrant”). Each Warrant entitles the holder to purchase one full Common Share at a purchase price of $0.12 per Common Share and will expire on the earlier of: (a) two years from the date of issuance; and (b) in the event the Common Shares trade at a volume of $0.21 or more on the TSXV Venture Exchange or the Toronto Stock Exchange for 10 consecutive trading days, the Company may, at its option, issue a press release and a notice to the Warrantholder for the expiry of the Warrants on the date that is 45 days from the press release and notice and the Warrantholder may exercise the Warrants during this 45 day period (but no later than two years from the date of issuance).
Uptick encourages investors to do their own due diligence in determining investment strategies that work for them. Uptick’s opinion is based upon individual company and market factors. Invest at your own risk.