Breaks Categories: News

WednesdayAug 26, 2020 10:33 am

NetworkNewsBreaks – Wrap Technologies, Inc. (NASDAQ: WRTC) Expands Domestic Footprint as More Agencies Outfit Frontline Officers

Wrap Technologies (NASDAQ: WRTC), an innovator of modern policing solutions, today announced its receipt of the first purchase orders for BolaWrap products and accessories from agencies in the states of Nevada and Arkansas. According to the update, the company has received initial and repeat purchase orders from law enforcement agencies across 13 states since the beginning of July. As a result, the company has provided BolaWrap devices to more than 215 agencies across 44 states. “We are very encouraged by the expansion of our domestic presence and our improving market position as more agencies across the United States continue to…

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WednesdayAug 26, 2020 10:11 am

NetworkNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) CEO to Present Company Update at LD 500 Conference

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading uranium producer in the United States, has announced that CEO Mark S. Chalmers has been invited to be a presenter at this year’s virtual LD 500 investor conference. During his presentation, Chalmers will provide an update on the company. The presentation will include an overview of UUUU’s critical mineral initiatives, including uranium production; it will also include discussion on the company’s strategic plan to eliminate debt and its progress with the rare earth element ("REE") processing program. The prestigious conference is scheduled for Sept. 1–4; Chalmers’s presentation is slated for 4 p.m. EST on…

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WednesdayAug 26, 2020 9:59 am

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Issues Shareholder Update

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), an integrated oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, today released a shareholder update regarding recent ‎transactions relating to the company. Among other highlights, the update discussed Petroteq’s entry into an agreement with Valkor Energy Services LLC. Under the agreement, Valkor will assume responsibility for the management and operations of Petroteq’s existing oil sands plant at Asphalt Ridge, Utah. Valkor, together with its joint venture partner, Tomco Energy plc, ‎are upgrading Petroteq’s existing oil sands plant to increase capacity and reliability for continuous ‎operations at 400…

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TuesdayAug 25, 2020 2:24 pm

NetworkNewsBreaks – Mullen Technologies Inc. to Attend Raymond James 2020 Virtual Diversified Industrials Conference

Mullen Technologies, a southern-California based, licensed electric vehicle ("EV") manufacturer with international distribution that operates in various verticals of the automotive industry, which previously announced a definitive agreement to merge with Net Element (NASDAQ: NETE), announced that it will attend the Raymond James 2020 Virtual Diversified Industrials Conference today, August 25, 2020. Interested parties may access the presentation, which will also be available on Mullen’s website, by visiting the following link at 4 p.m. EST: http://nnw.fm/dRNgt. To view the full press release, visit http://nnw.fm/K4z8E About Mullen Technologies Based in Southern California, Mullen Technologies is a licensed vehicle manufacturer focused on…

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TuesdayAug 25, 2020 11:09 am

NetworkNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Adds National Car Retailer to Virtual Auction Platform

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) has announced that its partner, D2D Auto Auction LLC ("D2D"), has finalized an agreement with a leading used-car dealership to list its cars on D2D's virtual auction platform. The retailer, which operates more than 140 car dealerships in 12 states, is one of the largest used-vehicle sellers in the country, purchasing an estimated 48,000 cars a year. DRD plans to list as many of those vehicles as possible on its virtual auction platform. “This is a major endorsement of our virtual auction solution, which is making it easier for dealers and consumers…

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TuesdayAug 25, 2020 10:28 am

NetworkNewsBreaks – Sigma Labs Inc. (NASDAQ: SGLB) Inks PrintRite3D Contract with Global Engineering, Manufacturing Leader

Sigma Labs (NASDAQ: SGLB), a leading developer of quality-assurance software for the commercial 3D-printing industry, has signed a contract with Mitsubishi Heavy Industries (“MHI”) to implement SGLB’s PrintRite3D(r) in-process, quality-assurance software. MHI’s Research and Innovation Center has purchased the software to install on a laser powder bed fusion system for the development and qualification of MHI additive manufacturing production processes. MHI manufactures a wide range of products, including ships, missiles, aircraft and aerospace components, railway systems, space-launch vehicles, forklift trucks, air conditioners, printing machines, hydraulic equipment, machine tools, and power-generation equipment. "The increasing number of customers pursing implementation of PrintRite3D…

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TuesdayAug 25, 2020 9:53 am

NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Releases Shareholder Update Outlining Infrastructure for Success

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, released an update via a letter to shareholders regarding the company’s promising future despite challenges of the current economic environment. The letter, issued by Foresight’s founder and CEO, Haim Siboni, covers recent developments and a planned infrastructure for short- and long-term success. In the letter, Siboni states, “Our reported milestone of signing an agreement with FLIR Systems, the world’s leading manufacturer of thermal imaging cameras and imaging sensors, serves as a solid endorsement of our advanced technology and the added value that we can offer. FLIR Systems…

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MondayAug 24, 2020 1:00 pm

NetworkNewsBreaks – Fathom Holdings Inc. (NASDAQ: FTHM) Closes $34.3M IPO

Fathom Holdings (NASDAQ: FTHM), a holding company that primarily operates through its wholly owned subsidiary, Fathom Realty Holdings, LLC, a national, cloud-based, real estate brokerage, has closed its initial public offering (“IPO”) of 3,430,000 shares of its common stock. According to the update, each of the shares were sold at the public offering price of $10. Fathom secured gross proceeds of $34.3 million in the offering, which it intends to use for general corporate purposes, which may include financing growth, developing new services and funding capital expenditures, acquisitions and investments. The common stock began trading on the Nasdaq, under ticker…

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MondayAug 24, 2020 12:31 pm

NetworkNewsBreaks – Planet 13 Holdings Inc. (CSE: PLTH) (OTCQB: PLNHF) Announces $15M Bought Deal Offering

Planet 13 Holdings (CSE: PLTH) (OTCQB: PLNHF), a vertically integrated cannabis company based in Nevada, recently announced its entry into an agreement with a syndicate of underwriters, co-led by Beacon Securities Limited and Canaccord Genuity Corp., pursuant to which the underwriters have agreed to purchase, on a bought deal basis, 4,060,000 units in the capital of the company, each at a price of $3.70. According to the update, Planet 13 will secure aggregate gross proceeds of $15,022,000 in the offering (all figures are in Canadian dollars unless otherwise stated), of which it intends to use the net proceeds for working…

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MondayAug 24, 2020 11:24 am

NetworkNewsBreaks – InvestorBrandNetwork and NetworkNewsWire to Continue Long-Standing Finovate Partnership, Further Enhance Reach of Fall 2020 Event

InvestorBrandNetwork (“IBN”), a multifaceted communications organization engaged in connecting private and public companies to the investment community, today announced that NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company part of IBN, will once again partner with Finovate for its upcoming event to take place in an entirely digital format. IBN has been named as the official corporate communications firm and NNW will serve as the official newswire for FinovateFall 2020, scheduled to be held from September 14-18, 2020. “We are delighted to continue our long-standing partnerships with the IBN team,” said Greg Palmer, VP of Finovate, in the news…

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