Breaks Categories: News

TuesdayOct 10, 2017 9:29 am

NetworkNewsBreaks – Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) Issues Update on Bristol Dry Lake Exploration

Canadian energy exploration and development company Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) this morning offered an update on its exploration and process testing program at its Bristol Dry Lake lithium brine projected located in California’s Mojave Desert. Per the release, the company has commenced a resource definition drill program on the project with the objective of establishing the lithium grade of the subsurface brine across the extensive landholdings. The program also aims to determine the depth and lateral extent of the brine and to define key geological and hydrogeological data, as needed to develop a maiden resource…

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MondayOct 09, 2017 12:34 pm

NetworkNewsBreaks – Inseego Corp. (NASDAQ: INSG) Enters Worldwide Strategic Partnership with Undagrid

Inseego (NASDAQ: INSG) this morning said it has entered into a global strategic partnership with Undagrid, a solution provider for non-motorized assets. Inseego, utilizing its brand and asset tracking SaaS platform Ctrack, will connect with Undagrid to enable a completely new level of asset visibility throughout the airport infrastructure. The partnership has already secured a large project at Amsterdam airport with KLM and additional projects in Germany, Hong Kong and Scandinavia. "The combination of Ctrack and Undagrid will make our customers smarter with deeper end to end visibility into their assets,” Inseego EVP of Telematics and SaaS Solutions Chris Lytle…

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MondayOct 09, 2017 12:15 pm

NetworkNewsBreaks – 22nd Century Group, Inc. (NYSE: XXII) Announces $54M Common Stock Only Registered Direct Offering

22nd Century Group (NYSE MKT: XXII) this morning said that it has entered into an agreement with institutional investors to collect approximately $54 million in gross proceeds in a registered direct offering from the sale of 20.57 million shares of common stock at a price of $2.625 per share. Total proceeds will raise the company’s cash balance to over $60 million, which covers all regular operating expenses for more than five years. Subject to customary closing conditions, the offering is anticipated to close on or about October 10, 2017. “More than $50 million in net proceeds will significantly improve our…

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MondayOct 09, 2017 12:12 pm

NetworkNewsBreaks – Trovagene, Inc.’s (NASDAQ: TROV) PCM-075 Obtains Orphan Drug Designation from FDA to Treat AML

Trovagene (NASDAQ: TROV) this morning said that on September 28 the U.S. Food and Drug Administration (FDA) granted an orphan drug designation to PCM-075 for the treatment of patients with acute myeloid leukemia (AML). The company is initiating a phase 1b/2 open-label trial to evaluate the safety and anti-leukemic activity of PCM-075 in combination with standard-of-care in patients with AML. The study will take place at 10 research sites across the U.S. "We see the FDA's granting of orphan drug designation for PCM-075 as underscoring the medical need for new therapies for patients with AML and an important step forward…

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MondayOct 09, 2017 9:23 am

NetworkNewsBreaks – Heatwurx, Inc. (HUWX) Closes Asset Purchase Agreement with Promet Therapeutics

Heatwurx, Inc. (OTC: HUWX) recently closed on an Asset Purchase Agreement with Promet Therapeutics, LLC. Following the close of the transaction, Heatwurx intends to change its name to Processa Pharmaceuticals and to apply for an appropriate new trading symbol. The company’s focus will be on developing drug products to improve the survival and quality of life for patients with a high unmet medical need or no alternative treatment options. The Promet equity holders as a group beneficially own 90%, and Heatwurx shareholders as a group beneficially own 10% of the equity of the company. Boustead Securities, an investment banking firm,…

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FridayOct 06, 2017 9:24 am

NetworkNewsBreaks – ORHub, Inc. (ORHB) Appoints Dr. Choll Kim to Advisory Board

Health care software-as-a-service company ORHub, Inc. (OTC: ORHB) this morning announced the appointment of Dr. Choll Kim, an industry-leading physician and instructor in the technological automation of surgical procedures, to its advisory board. “Dr. Kim is a phenomenal addition to our team, as he has gained international recognition in his field, and has trained a new generation of surgeons and operating room personnel in technologically advanced operating systems,” Colt Melby, CEO of ORHub, stated in the news release. “As a substantial contributor to the evolving industry, he has trained innumerable specialists throughout the country on the safe and effective application…

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ThursdayOct 05, 2017 3:30 pm

NetworkNewsBreaks – IGEN Networks Corp. (OTCQB: IGEN) (CSE: IGN) Launches Direct-to-Consumer Medallion GPS™

IGEN Networks (OTCQB: IGEN) (CSE: IGN) launched Medallion GPS™, a direct-to-consumer solution combining vehicle agnostic hardware with cloud-based smartphone software, on October 4th. The system’s offerings include stolen vehicle recovery support for automotive aftermarket customers, vehicle systems alerts, driver behavior monitoring and GPS tracking capabilities. The company will be unveiling the Medallion GPS™ products at the upcoming SEMA Show at the Las Vegas Convention Center taking place from October 31 to November 3. "Medallion GPS stands apart from anything else in the automotive aftermarket. Our hardware is truly vehicle agnostic, and can be installed in just about any vehicle without…

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ThursdayOct 05, 2017 11:30 am

NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Subsidiary to Exhibit at Florida Restaurant & Lodging Show

Global financial technology and value-added solutions group Net Element, Inc. (NASDAQ: NETE) this morning announced that its Aptito subsidiary will exhibit at the 2017 Florida Restaurant & Lodging Show scheduled to take place from October 11-13 at the Orange County Convention Center in Orlando, Florida. The event is expected to provide Aptito with added exposure as it unveils its most comprehensive Restaurant POS placement program to the market. “We are very excited to showcase our Aptito POS solution and kick off our North America road show to present our solution to merchants across the United States,” Vlad Sadovskiy, President of…

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ThursdayOct 05, 2017 9:22 am

NetworkNewsBreaks – EVIO, Inc. (EVIO) Providing Accredited Testing Services to Oregon’s Industrial Hemp Sector

EVIO, Inc. (OTCQB: EVIO), a leading provider of cannabis analytical testing services, this morning announced that it is now prepared to offer accredited testing services to Oregon’s industrial hemp sector. “Industrial hemp is a rapidly growing industry with product applications ranging from foods like hemp seed, personal care products, textiles, and other industrial and consumer goods such as building materials,” Lori Glauser, COO of EVIO, stated in the news release. “In fact, hemp-based CBD oil alone is projected to reach $1 billion in sales by 2020, and, notably, big box stores like Target and Wal Mart are already offering the…

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WednesdayOct 04, 2017 10:30 am

NetworkNewsBreaks – India Globalization Capital, Inc. (NYSE: IGC) Provides Update on In Vitro Data Related to IGC-AD1

India Globalization Capital, Inc. (NYSE American: IGC), a developer of cannabis-based therapies to treat a variety of life-altering conditions, this morning provided an update on compelling in vitro data compiled from genetically engineered cell lines within an Alzheimer’s disease model showing that, at varying concentrations of IGC-AD1, mitochondrial function is enhanced by 30-60 percent. “Based on our analysis of this and other previously announced compelling data, we are readying IGC-AD1 in a liquid formulation that will not cause inebriation,” Ram Mukunda, CEO of IGC, stated in the news release. “The initial commercialization will be through licensed medical cannabis dispensaries.” As…

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