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CLGUF - CLGUF STOCK NEWS

Welcome to our dedicated page for CLGUF news (Ticker: CLGUF), a resource for investors and traders seeking the latest updates and insights on CLGUF stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CLGUF's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of CLGUF's position in the market.

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Cloud Nine Web3 Technologies (OTC: CLGUF) has announced a strategic alliance with Next Decentrum Technologies. This partnership will involve Cloud Nine acquiring a 19.7% stake in Next Decentrum through a cash investment of $500,000 over six months. The investment aims to support product development and market outreach, particularly in the NFT space, which has seen massive growth. The deal includes a right of first refusal for Cloud Nine to acquire Next Decentrum in a control change. Next Decentrum plans to use the investment to enhance its digital collectibles platform, Momentable.ai.

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Cloud Nine Web3 Technologies Inc. (CSE: CNI, OTC: CLGUF) announces significant advancements in 2021, including the acquisition of Limitless Network, strategic partnerships for NFT products, and strong cash reserves exceeding $5.5 million. The Company expanded its advisory board with industry leaders from DMG Blockchain Solutions and PayPal Asia, enhancing its growth strategy. Additionally, they launched educational resources focused on blockchain and NFTs, positioning Cloud Nine for future market share gains and business growth.

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Cloud Nine Web3 Technologies Inc. (OTC: CLGUF) announced the appointment of Dan Reitzik as Special Advisor to the Board of Directors, effective immediately. With over 20 years of experience, Reitzik co-founded DMG Blockchain Solutions Inc. and will now assist Cloud Nine in expanding its product areas, commercializing technology, and building strategic relationships. This move is seen as pivotal for the company’s growth in decentralized networks and storage technologies. President Sefton Fincham praised Reitzik's expertise, especially in blockchain solutions, which is expected to benefit Cloud Nine's ongoing technology developments.

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Cloud Nine Web3 Technologies appointed Richard Oh, former PayPal Asia executive, and Eric Sim, CEO of GLOCONTECH, as Strategic Advisors. The duo will collaborate with Shin-Young Park, CEO of WePay Korea, to enhance Cloud Nine's Limitless Real-Time Coin Payments and Blockchain Payment Gateway. This initiative aims to capitalize on the growing demand for innovative payment solutions amidst a digital payment market projected to reach USD 58.30 billion by 2020, with a CAGR of 19.4% through 2028.

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Cloud Nine Web3 Technologies Inc. (OTC: CLGUF) announced the appointment of Stan Shin from eBay and Shin-Young Park from WePay Korea as Strategic Advisors. This move aims to enhance innovation and capitalize on the growing cryptocurrency adoption and payments market. Shin brings extensive experience in online market operations, while Park specializes in payment systems development. Their roles will involve advancing Cloud Nine’s Limitless assets, including launching a Limitless Coin and developing a global payment gateway. The company aims to leverage their expertise for future growth.

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Cloud Nine Web3 Technologies Inc. (CSE: CNI) (OTC: CLGUF) has announced a strategic partnership with Next Decentrum Technologies to enhance educational offerings in the NFT and blockchain sectors. The global art market, valued at over $67 billion, is experiencing significant NFT sales, exceeding $216 million in just 30 days. This collaboration aims to empower artists and content creators by transforming NFTs into sustainable revenue sources. The partnership is expected to leverage Next Decentrum's expertise in blockchain education to capitalize on emerging technology opportunities.

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Cloud Nine Web3 Technologies Inc. (CSE: CNI, OTC: CLGUF) has launched its common shares on the Frankfurt Stock Exchange under the ticker '1JI0'. The listing aims to enhance trading liquidity and attract investment from European shareholders. The company believes this will raise its profile internationally, leveraging the Frankfurt Stock Exchange's standing as a major global trading center. The shares remain listed on the Canadian Securities Exchange. The company focuses on integrating emerging technologies into its platforms, contributing to Web 3.0 innovation.

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Cloud Nine Web3 Technologies (OTC: CLGUF) announces its role as the official DeFi Education Partner for FFCON21: Breaking Barriers, an online conference held from May 11-13, 2021. This annual event, now in its 7th year, assembles global experts in fintech, blockchain, and digital finance to advance education and innovation in Canada's tech ecosystem. The conference includes diverse topics such as decentralized finance, digital innovation, and growth strategies, featuring notable participants in the fintech space. Registration for the event is currently open.

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Cloud Nine Web3 Technologies appointed Hussein Hallak to its Strategic Advisory Board. Hallak, an entrepreneur with 25 years of experience, has developed over 20 startups and is recognized for his blockchain expertise. His past roles include CEO of Unleashed Ventures and VP of Products and Strategy at 3 Tier Logic, where he launched secure products for major brands like Unilever. His appointment aims to leverage his insights during Cloud Nine's growth phase, enhancing its product portfolio and pursuing Web 3.0 opportunities.

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Cloud Nine Web3 Technologies Inc. announces the appointment of Sefton Fincham as President, effective April 1, 2021. Fincham, a seasoned investor, has raised over $100 million for small-cap companies across various sectors including technology and entertainment. His experience with Thirty Six Financial Group and Look to the Sky Films positions him well to lead Cloud Nine’s ambitions in Web 3.0. CEO Allan Larmour emphasizes that Fincham's leadership will be pivotal in executing the company's growth strategy and enhancing stakeholder value.

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FAQ

What is the market cap of CLGUF (CLGUF)?

The market cap of CLGUF (CLGUF) is approximately 7.8M.

CLGUF

OTC:CLGUF

CLGUF Rankings

CLGUF Stock Data

7.83M
67.09M
1.71%
Software—Application
Technology
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Canada
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