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FridayMay 17, 2024 3:07 pm

NetworkNewsBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Provides Update on Key Activities

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a leading green ammonia company, is reporting an update on several notable actions, including the closing of the first tranche of a private placement, Manitoba on-farm installations, the appointment of Michael Heslin as the company’s new director of sales, and significant progress in government and stakeholder relations activities at both federal and provincial levels focused on building state-of-the-art mass-production manufacturing facilities in Manitoba. “We are thrilled to announce the participation of several new strategic investors, smart Canadian agriculture leaders, and Manitoba-based precision agriculture farmers,” said FuelPositive cofounder and CEO Ian Clifford in the press release.…

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FridayMay 17, 2024 3:03 pm

NetworkNewsBreaks – Psychedelic Therapeutics and Drug Development Conference Partners with PsychedelicNewsWire as Official Media Sponsor

The Psychedelic Therapeutics and Drug Development announced that PsychedelicNewsWire (“PNW), a specialized communications platform for the psychedelics sector and one of more than 60 brands powered by IBN (“InvestorBrandNetwork”), will be the official media sponsor for this month’s conference. The fourth annual Psychedelic Therapeutics and Drug Development Conference is scheduled for May 23–24, 2024, in Boston. Hosted by Arrowhead SciTech Conferences & Events, the conference is focused on research and development of psychedelics in the healthcare space. The conference agenda features presentations by the world’s leading researchers and thought leaders in academia, industry, the nonprofit sector and government, with an objective to…

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FridayMay 17, 2024 2:47 pm

NetworkNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Announces Commencement of Dosing in Comprehensive GLP-1 Animal Study

Lexaria Bioscience (NASDAQ: LEXX, LEXXW), a global innovator in drug-delivery platforms, reported that dosing has begun in its 12-week animal study, WEIGHT-A24-1. The study is designed to model diabetes treatment and weight-loss effects of DehydraTECH(TM)-processed glucagon-like peptide 1 drugs and DehydraTECH-processed cannabidiol (“CBD”), both alone and in combination in diabetic preconditioned rats. According to the announcement, several new areas of investigation are being explored in this study, including evaluating whether DehydraTECH-processed oral GLP-1 drugs are more effective than non-DehydraTECH-processed oral GLP-1 drugs in reaching brain tissue, improving weight loss and improving control of blood sugar. The study will also evaluate…

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FridayMay 17, 2024 2:16 pm

NetworkNewsBreaks – Wheaton Precious Metals Corp. (Canada) (NYSE: WPM) Releases Q1 2024 Financial, Operational Report

Wheaton Precious Metals Corp. (Canada) (NYSE: WPM), the world's premier precious metals streaming company with the highest-quality portfolio of long-life, low-cost assets, is reporting on its first-quarter 2024 results. Highlights of the report show Q1 2024 revenue of $297 million in revenue along with $219 million in operating cash flow, $164 million in net earnings and $164 million in adjusted net earnings; the company also declared a quarterly dividend $0.155 per common share. In addition, the company has no debt and reported a cash balance of $306 million and an undrawn $2 billion revolving credit facility at the end of the quarter, the period ending March 31, 2024. The report noted that…

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FridayMay 17, 2024 11:30 am

NetworkNewsBreaks – Mammoth Resources Corp. (TSX.V: MTH) Releases Report Identifying Mexico-Based Tenoriba Property as Target for Further Exploration

Mammoth Resources Corp. (TSX.V: MTH), a precious-metal, mineral exploration company focused on acquiring and defining precious metal resources in Mexico and other attractive mining friendly jurisdictions in the Americas, is reporting results from an internal study conducted by company geologists. According to the report, the study indicated that Mammoth’s wholly owned Tenoriba gold-silver exploration property in Mexico’s Sierra Madre precious metal belt has been identified a target for further exploration. The study focused on evaluating the range of the quantity and grade of the exploration target among mixed oxidized-sulfide/transition zone mineralization and sulfide hosted gold-silver mineralization and also explains how…

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ThursdayMay 16, 2024 3:21 pm

NetworkNewsBreaks – Zacks Raises EPS Estimates after DeFi Technologies Inc. (CBOE CA: DEFI) (OTCQB: DEFTF) Reports Strongest Quarter Ever, Sets $3.00 Per Share Valuation

DeFi Technologies (CBOE CA: DEFI) (GR: R9B) (OTCQB: DEFTF), a FinTech company establishing itself as the first and only publicly traded company that bridges the gap between traditional capital markets, Web3 and DeFi, recently announced its financial performance for the three months ended March 31, 2024. Quarter-over-quarter highlights included its cash balance rising from C$6.7 million to C$9.4 million and assets under management growing by 78.7% to C$908 million. Total operating revenues significantly improved for Q1 2024 to C$13.4 million compared to C$(3.6) million for the same period a year earlier. Additionally, operating net income totaled C$5.3 million for the…

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ThursdayMay 16, 2024 3:07 pm

NetworkNewsBreaks – McEwen Mining Inc.’s (NYSE: MUX) (TSX: MUX) McEwen Copper Reports on Assay Results from Completed Feasibility Drilling Program

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, owns 47.7% of McEwen Copper Inc., a well-funded, private company that owns 100% of the large, advanced-stage Los Azules copper project in Argentina. McEwen Copper today provided the assay results from the currently completed drill season at the Los Azules project. According to the company, initial interpretation of the assay results suggests that its infill drilling will result in an increase in Measured and Indicated resources and an overall mineral inventory within 5% of the PEA estimate. The announcement noted that…

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ThursdayMay 16, 2024 2:45 pm

NetworkNewsBreaks – Shib Inu Named Title Sponsor for Canada’s Largest Web3 Events, Offers Free Tickets to ShibArmy

Shiba Inu (“SHIB”) will be a title sponsor of Canada’s largest Web3 Events: Blockchain Futurist Conference, ETHToronto and ETHWomen. This will be the second year Shiba Inu has been a title sponsor. The three events will take place Aug. 13–14, 2024, in Toronto. Shiba Inu reported a significant response to its first-ever sponsorship of last year’s futurist conference; the event provided an ideal opportunity to bring the SHIB Army together. This year is expected to be similar, with Shytoshi Kusama, the lead developer of the Shiba Inu team, presenting virtually at the conference. To support the SHIB community, free tickets…

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ThursdayMay 16, 2024 2:34 pm

NetworkNewsBreaks – Armlogi Holding Corp. (NASDAQ: BTOC) Announces Public Offering Pricing

Armlogi Holding (NASDAQ: BTOC), a U.S.-based warehousing and logistics service provider that offers a comprehensive package of supply-chain solutions related to warehouse management and order fulfillment, has released the pricing of its initial public offering. The offering is comprised of 1,600,000 shares of common stock at $5 per share, resulting in gross proceeds of $8 million for the company, before the deduction of underwriting discounts and offering expenses. According to the announcement, Armlogi Holding also granted a 45-day option to underwriters to purchase up to 240,000 additional shares of common stock to cover any overallotments. EF Hutton LLC is acting…

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ThursdayMay 16, 2024 2:18 pm

NetworkNewsBreaks – SuperCom Ltd. (NASDAQ: SPCB) Announces Additional $1.8 Million Contract with Long-Standing Government Customer

SuperCom Ltd. (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and cybersecurity sectors, today announced it had secured a new, additional contract with a long-standing government customer. According to the announcement, the contract, valued at $1.8 million, continues a successful partnership that has been in place for over a decade. The contract is expected to start by end of May 2024 and to be fulfilled within 5 months. “We are pleased to continue our partnership with a government customer who has trusted our solutions for over a decade. This contract not only signifies their satisfaction with…

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