May 2025 - Page 4 of 7 - NetworkNewsWire

MondayMay 19, 2025 2:30 pm

Republican Lawmakers Embrace Psychedelic Therapies in Shift Toward Veteran Mental Health Reform

Rep. Morgan Luttrell (R-Texas), a retired Navy SEAL, is part of a rising wave of Republican lawmakers advocating for the therapeutic use of psychedelics to treat PTSD, depression, and suicidality among veterans—a movement recently spotlighted by The Wall Street Journal. After undergoing ibogaine and DMT therapy in Mexico in 2018, Luttrell described the experience as transformative, helping him confront trauma and save his marriage. Now in Congress, he’s pushing for science-based, medically supervised access to Schedule I drugs like ibogaine, psilocybin, and MDMA. Joined by fellow veterans in office, including Rep. Dan Crenshaw (R-Texas) and Rep. Jack Bergman (R-Mich.), Luttrell…

MondayMay 19, 2025 9:45 am

Soligenix Inc. (NASDAQ: SNGX) Reports Q1 Milestones, Financial Results

Q1 milestones are representative of Soligenix’s commitment to advance its pipeline of therapeutic candidates, focusing on areas with significant unmet medical needs. The company noted positive interim results from the ongoing open-label, investigator-initiated study (“IIS”) evaluating extended HyBryte(TM) treatment. Soligenix announced the release of a publication describing the preclinical efficacy of CiVax(TM), a thermostabilized subunit vaccine against SARS-CoV-2. Soligenix (NASDAQ: SNGX), a late-stage biopharmaceutical company dedicated to developing and commercializing treatments for rare diseases, recently announced its financial results for the first quarter of 2025, alongside a summary of the company’s latest accomplishments (https://nnw.fm/BOdE3). These milestones are representative of Soligenix’s continued…

MondayMay 19, 2025 9:00 am

Calidi Biotherapeutics Inc. (NYSE American: CLDI) Names Experienced Life Science Leader as New CEO

Experienced leadership contributes to key performance indicators. Dr. Eric Poma brings more than 30 years of experience to his new role as CLDI CEO. His expertise will help the company develop and advance proprietary groundbreaking therapies. Effective leadership is a cornerstone of organizational success, particularly in the dynamic and high-stakes realm of biotechnology. Recognizing the pivotal role of seasoned leadership, Calidi Biotherapeutics (NYSE American: CLDI) has announced the appointment of Eric Poma, PhD, as its new Chief Executive Officer and member of the board of directors (https://nnw.fm/Qd5n8). This strategic transition underscores Calidi's commitment to advancing its innovative cancer therapies under experienced…

FridayMay 16, 2025 2:00 pm

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Positions Itself for Growth Amid Palladium Market Dynamics

With its essential role in automotive, industrial and emerging technology applications, palladium is poised to remain a critical asset in 2025 and beyond. Projected palladium price ranges indicate confidence that the metal will maintain significant market value due to constrained supply and ongoing industrial necessity. Platinum Group Metals Ltd. is positioning itself as a strong player in the palladium space. As the global economy continues to evolve and diversify, investors are seeking opportunities in sectors with long-term growth potential and strong fundamentals. Precious metals, long viewed as stores of value and industrial cornerstones, are receiving renewed attention, particularly palladium. With…

FridayMay 16, 2025 1:30 pm

Nicola Mining Inc. (TSX.V: NIM) (OTCQB: HUSIF) Poised to Capitalize on Copper Demand Surge Driven by AI-Powered Data Centers

According to the International Energy Agency, global demand for copper from data-center development alone will more than double by 2030. Nicola Mining is well-positioned to meet this burgeoning demand through its New Craigmont Copper Project in British Columbia. The company owns 100% of the New Craigmont high-grade copper property, which has a rich history of production and significant exploration potential. As artificial intelligence (“AI”) continues to revolutionize industries, the infrastructure supporting its growth — particularly data centers — has become increasingly reliant on copper due to its superior electrical conductivity. This surge in demand for copper presents significant opportunities for mining…

FridayMay 16, 2025 1:00 pm

Brera Holdings PLC (NASDAQ: BREA) to Pilot ‘PLAY LEAP’ Digital Fan Engagement Platform with Juve Stabia

Brera Holdings has signed a letter of intent to introduce PLAY LEAP, a gamified fan engagement platform, to its portfolio clubs. The pilot is planned to launch with Italian Serie B club Juve Stabia after the 2024/25 season. PLAY LEAP offers a Software-as-a-Service model with monetization tied to fan engagement. The platform targets younger, mobile-native fans, with interactive challenges and content sharing. Brera plans to roll out the platform across its growing network of sports clubs. Brera Holdings (NASDAQ: BREA), a global sports investment group, announced the signing of a letter of intent to introduce the digital engagement platform PLAY…

FridayMay 16, 2025 12:30 pm

ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Draws Additional Experience to Board Amid Ramp-up to Production

Vancouver-based gold and silver resource developer ESGold Corp. is preparing to begin production on a legacy mine restoration project at Quebec that will improve the environment while generating revenue for the company’s planned exploration project As the company prepares for transition to the production stage, it has announced the appointment of experienced junior miner builder Peter Espig to its Board of Directors Espig gained distinction by helping junior miner Nicola Mining into a cash-flowing enterprise from creditor-protection status ESGold’s Montauban Gold-Silver Project covers 265 mining claims across 13,116 hectares (about 32,410 acres) with tailings for its reclamation effort, while the…

ThursdayMay 15, 2025 11:15 am

D-Wave Quantum Inc. (NYSE: QBTS) Reports Record First Quarter Revenue, Gross Profit and Cash Position

The company posted record quarterly revenue of $15 million, up over 500% from Q1 2024. Gross profit surged to $13.9 million, driven by a high-margin Advantage™ quantum system sale. The company ended Q1 with $304.3 million in cash, its highest quarter-end balance in the company’s history. Customer count grew to 133, with 69 commercial users including 25 Forbes Global 2000 firms. D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, reported a significant increase in revenue, gross profit, and cash reserves for the first quarter of fiscal 2025, enabled by the sale of a…

ThursdayMay 15, 2025 10:30 am

Massimo Group (NASDAQ: MAMO) Rides the Wave of Growing Powersports

The global powersports market is projected to grow to $60.51 billion by 2032. Recreational boating market size is expected to observe around a 10% CAGR from 2024 to 2032. Massimo Group has strategically positioned itself to leverage these market trends. The powersports and recreational watercraft industries are experiencing a notable upswing, driven by consumers' growing appetite for outdoor adventures and leisure activities. Amid this surge, Massimo (NASDAQ: MAMO), a Texas-based manufacturer and distributor, is emerging as a significant player, capitalizing on market trends and expanding its footprint in the sector. The global powersports market, encompassing vehicles like ATVs, UTVs and bikes,…

ThursdayMay 15, 2025 9:45 am

Vivakor Inc. (NASDAQ: VIVK) Is ‘One to Watch’

Vivakor achieved substantial revenue growth in 2023, driven by expanded logistics operations and newly integrated midstream assets. The company operates a large-scale oilfield trucking fleet under long-term contracts, providing recurring revenue and service continuity. Its remediation facilities, once operational, will address a produced water treatment market forecast to reach $12.2 billion by 2028. Recent acquisitions have enhanced Vivakor’s infrastructure footprint and extended its service reach across key U.S. energy basins. The company’s integrated model aligns with industry trends favoring sustainability, compliance, and full-cycle fluid management. Vivakor (NASDAQ: VIVK) is a vertically integrated energy infrastructure and environmental services company, focused on…

Financial news and publishing for public and private companies

Contact us: 512.354.7000

Month: May 2025