August 2023 - Page 4 of 6 - NetworkNewsWire

TuesdayAug 15, 2023 9:00 am

Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) May Become Vital Cog in Tin’s Tenuous Supply Chain

Tin has become an increasingly important commodity within the renewable energy supply chain Nonetheless, supply of the commodity is heavily concentrated, with over 60% of global supply accounted for by only three nations The metal’s tenuous supply picture was most recently on display in early August when militia officials in Myanmar – the third largest global tin producer – unilaterally shut down many of the country’s tine mines Eloro Resources’ Iska Iska deposit may emerge as one of the most significant contributors to global tin supply in the coming years, with the company set to publish their inaugural NI 43-101…

MondayAug 14, 2023 11:15 am

BiondVax Pharmaceuticals Ltd.’s (NASDAQ: BVXV) Alpaca-Derived Nanobodies for Potential Treatment of Diseases Underserved by Current Therapeutics

Innovative nanobody therapeutics could deliver substantial competitive advantages in both cost and efficacy when compared to traditional monoclonal antibody therapies The biologics market was valued at $366.5 billion in 2021 and is expected to grow to a value of $719.94 billion by 2030 The monoclonal antibodies market was valued at $210.06 billion in 2022, and it is expected to reach $494.53 billion by 2030 The nanobody market was valued $237.1 million in 2021 and is expected reach a value of $1.07 billion by 2028 BiondVax is uniquely positioned to rapidly advance from R&D towards commercialization BiondVax Pharmaceuticals (NASDAQ: BVXV), a…

MondayAug 14, 2023 10:30 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Moving to Become the Leading Metal Separation Products and Services Provider, One Investment at a Time

Ucore recently announced the closing of the first tranche of its previously announced private placement offering of units of the company On June 6, the company announced that the U.S. DOD had awarded it a $4 million project grant Together, these moves bolster Ucore’s working capital and continue to stamp its position as a leader in its space Through its investments, Ucore is inching closer to taking over the global rare earth elements market, which is expected to hit $5.6 billion by 2025 Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a company engaged in the exploration for and separation and…

MondayAug 14, 2023 9:45 am

First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF) Unique Strategy Ideally Suited for Growing Tellurium Sector

Recent report projects estimated growth of tellurium market at CAGR of 3.41% between 2022 and 2027 Growth is tied to increased demand from the consumer electronics industry Company’s unique approach offers significant advantages over larger mines With recent market projections showing steady growth in the tellurium market (https://nnw.fm/F9cMD), First Tellurium’s (CSE: FTEL) (OTCQB: FSTTF) small-mine, phased-approach strategy is sure to strengthen the company’s position in the growing space. “The tellurium market is estimated to grow at a CAGR of 3.41% between 2022 and 2027,” a 2023 Technavio analysis study reported. “The size of the market is forecast to increase by 83.72 MT.” The report…

MondayAug 14, 2023 9:00 am

Renovaro BioSciences Inc. (NASDAQ: RENB) Is ‘One to Watch’

In June 2023, Renovaro announced that a potential IND application for its innovative cancer platform is on track for early 2024 FDA submission The company in March 2023 announced proof-of-concept for its proprietary technology to treat pancreatic tumors In August 2023, Renovaro announced its entry into a Letter of Intent to merge with GEDi Cube International Ltd. with the aim of accelerating diagnosis, enhancing treatment effectiveness, discovering new therapies, and expanding access to life-saving technologies for cancer and other diseases As of August 2023, Renovaro has raised total cash of $82.7 million The company’s IP portfolio covering gene and gene-modified…

FridayAug 11, 2023 9:45 am

SuperCom Ltd. (NASDAQ: SPCB) Is ‘One to Watch’

Trailing-Twelve-Month (“TTM”) Revenue increased by 106% YoY to $25.5 million from $12.4 million in the prior 12-month period, outpacing the global industry average by 10x TTM EBITDA increased to $2.5 million from -($0.25) million in the prior 12-month period The company’s Q2 2023 revenue increased by 141% YoY to $7.7 million The company has seen a high YoY quarterly revenue growth trend: Q3 2022 – 102%; Q4 2022 – 69%; Q1 2023 – 109% SuperCom’s recurring revenue represents 73% of total revenue Approximately $200 million in EU contracts up for award in the upcoming 18 months Over 65% win rate…

FridayAug 11, 2023 9:00 am

Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Leading Out in Sustainably Producing Nickel for Growing Steel Space

A Fortune Business Insights report states that the global stainless steel market is projected to grow from $204.17 billion in 2022 to $298.85 billion in 2029 Nickel is one of several components that form a powerful stainless steel alloy Canada Nickel is focused on sustainably producing the critical minerals needed for a low-carbon future As the stainless steel market rebounds from COVID-19 slowdowns, Canada Nickel Company (TSX.V: CNC) (OTCQX: CNIKF) is working on advancing the next generation of high-quality, high-potential nickel-cobalt projects to deliver the metals needed to feed the high-growth stainless steel market. The company is particularly focused on…

ThursdayAug 10, 2023 9:45 am

GolfLync Inc. is Now Seen as one of the Hottest New Apps in Social Media

GolfLync’s growth in members (15x in the past 4 months) is reminiscent of early-stage growth for companies like FaceBook (NASDAQ: META) and SnapChat (NYSE: SNAP) GolfLync’s membership conversion underscores its strength in the marketplace and ability to create innovative platform features users want GolfLync is growing because it understands how to create thriving online communities that connect its members together around their passion sport, GOLF When it comes to new social media apps, the difference between hype and reality is seen in the numbers. GolfLync, a new and fast-growing social networking platform for golfers, has already garnered over 45,000 downloads,…

ThursdayAug 10, 2023 9:00 am

Lexaria Bioscience Corp. (NASDAQ: LEXX) Announces Intent for Human Clinical Study for Diabetes and Weight Loss Following Positive DehydraTECH(TM)-CBD Results in Animals

Lexaria’s patented DehydraTECH(TM)-CBD achieved promising results for diabetes control and weight loss in animals during the pre-clinical animal study DIAB-A22-1 The weight loss drug market was valued at $1.90 billion in 2021 and is expected to reach $13.26 billion by 2029, growing at a CAGR of 24.7% Many drugs used to control diabetes have produced results in managing obesity, which Lexaria plans to leverage with its DehydraTECH(TM) technology Lexaria Bioscience (NASDAQ: LEXX, LEXXW), a global innovator in drug delivery platforms, recently announced its intent to conduct a human clinical study to examine its patented DehydraTECH(TM)-processed cannabidiol (“CBD”) for diabetes control…

WednesdayAug 09, 2023 9:45 am

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) CEO Addresses Critical Minerals Institute Summit II

Ucore is engaged in the exploration for and separation and scalable production of REEs in Canada and the US Ucore Chairman and CEO Pat Ryan recently presented at the Critical Minerals Institute Summit II, where he discussed the risk mitigation strategies Western countries could execute to disrupt China’s dominance in the REE space On its part, and having identified has identified the need and demand for US-based REE refining and processing facilities, Ucore is working on developing, upscaling, and commercializing RapidSX(TM) RapidSX(TM) is the company’s transformative advanced column-based solvent extraction technique for separating both light and heavy REEs; it offers…

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Month: August 2023