Breaks Categories: News

ThursdayJul 25, 2024 1:06 pm

NetworkNewsBreaks – Snap Inc. (NYSE: SNAP) Expands Offerings with Snap Sports Network

Snap (NYSE: SNAP), known for its popular social media platform Snapchat, is expanding its offerings with the launch of the Snap Sports Network. This new venture is a virtual arena where Snapchat users can engage in friendly competition, featuring unique games like hobby horsing and professional pillow fighting. The initiative, highlighted by well-known creators such as Kris London and Rachel DeMita, aims to enhance the Snapchat sports experience. Additionally, partnerships with brands like e.l.f Cosmetics for sponsorships and product integrations are set to elevate the user experience further. The Snap Sports Network will debut six episodes from July 19 to…

Continue Reading

ThursdayJul 25, 2024 1:01 pm

NetworkNewsBreaks – Golden Triangle Ventures Inc. (GTVH) Announces Significant Advancements Following Cargo Management Group Acquisition

Golden Triangle Ventures (OTC: GTVH), a multifaceted consulting company, today provided key updates following its acquisition of Cargo Management Group (“CMG”). The acquisition was completed in June and has been instrumental in developing GTVH’s four-pillar model and setting the stage for future growth within the organization. According to the company, the formation of LE Logistic LLC, a wholly owned subsidiary of GTVH, marked a major milestone in its journey towards future growth. This entity is expected to take full charge of the company’s logistics operations once the motor carrier (“MC”) authority from CMG is fully transferred and can be integrated.…

Continue Reading

ThursdayJul 25, 2024 12:28 pm

NetworkNewsBreaks – Lucid Group Inc. (NASDAQ: LCID) Inks Nonbinding Supply Agreement with American Producer of High-Grade Anode Materials

Lucid Group (NASDAQ: LCID), maker of the world's most-advanced electric vehicles, has entered into a nonbinding supply agreement with Graphite One Inc.(TSX.V: GPH) (OTCQX: GPHOF). The agreement is for anode active materials (“AAM”). According to the announcement, the agreement, which is initially for five years, is for 5,000 tpa once Graphite One commences production of synthetic graphite. Sales will be based on an agreed price formula tied to future market pricing that also acknowledges base-case pricing. Graphite One officials noted that the agreement helps the company develop its 100% U.S. domestic supply chain. “We are committed to accelerating the transition…

Continue Reading

ThursdayJul 25, 2024 10:19 am

NetworkNewsBreaks – Correlate Energy Corp. (CIPI) Finalizes Agreements to Convert Approximately $8M of Debt into Equity

Correlate (OTCQB: CIPI), a growth-oriented distributed energy company, today announced that it has converted most of its debt into equity. This follows the June 14, 2024, finalization of agreements with debtholders to convert more than $7 million of its outstanding notes payable and approximately $1 million of long term accounts payable into equity. According to the announcement, this debt-to-equity conversion strengthens the company’s balance sheet and positions it for continued growth. “The debt-to-equity conversion is a crucial step in our strategy to enhance our financial strength and support our ambitious growth plans,” said Todd Michaels, CEO of Correlate Energy. “By…

Continue Reading

WednesdayJul 24, 2024 2:22 pm

NetworkNewsBreaks – Alphabet Inc. (NASDAQ: GOOGL) Earnings Report Highlights

Alphabet (NASDAQ: GOOGL, GOOG), the powerhouse behind Google, recently made headlines with its June quarter earnings report. The company, known for its dominant position in the online search and advertising industry, surprised investors by posting earnings of $1.89 per share for the second consecutive quarter. This performance underscores Alphabet’s ability to generate substantial profits, even in a challenging economic environment. However, despite these strong earnings, Alphabet’s stock took a hit, primarily due to concerns over its capital spending which was not anticipated by the market. The decline in Alphabet’s stock was significant, with shares dropping by $8.44, or about -4.64%, to close at $173.35. This…

Continue Reading

WednesdayJul 24, 2024 2:10 pm

NetworkNewsBreaks – Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) Provides Update on SASB Gas Field

Trillion Energy (CSE: TCF) (OTCQB: TRLEF), a company focused on oil and natural gas production for Europe and Türkiye with natural gas assets in Türkiye, today provided an update on the flow rates and well perforations at the SASB gas field. According to the update, the well head pressure (“WHP”) at South Akcakoca-2 has stabilized at 371 psi, with the well recently producing 1.94 MMcf/d using 42/64” choke, while Guluc-2 is currently producing at 3.35 MMcf/d with a WHP of 484 psi using a 32/64” choke. At West Akcakoca-1, where only two of the five zones have been perforated, the…

Continue Reading

WednesdayJul 24, 2024 1:56 pm

NetworkNewsBreaks – FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A) Holds Annual General and Special Meeting of Shareholders, Reports on Voting Results

FSD Pharma (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A), a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions, is reporting on the results of its annual general and special meeting of shareholders; the in-person meeting was held on July 22, 2024, in Toronto, Ontario. According to the report, shareholders were represented in person or by proxy at the meeting. Shareholders elected seven directors for the company, with the directors serving until the next annual meeting or until a successor is elected or appointed; the elected directors include Anthony Durkacz, Zeeshan Saeed, Dr. Lakshmi P. Kotra, Adnan…

Continue Reading

WednesdayJul 24, 2024 12:26 pm

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Receives PO from European Distributor for 29 Mullen GOs

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, has received an order for 29 Mullen GOS from one of its newest European distribution partners. The order for the GOs, which are Mullen’s commercial micro-urban-delivery vehicle, came from GAMA, which is a distribution partner covering southeast Europe, including the Balkans Region. The order from GAMA, which is valued at $304,000, is part of a previously announced 53-unit commercial vehicle order; that order is for urban delivery vehicles as well as Mullen One and Mullen Three commercial EV cargo vans and trucks, which have not yet been delivered. The compact design…

Continue Reading

WednesdayJul 24, 2024 11:42 am

NetworkNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF), American West Metals Release Update for Storm Project Drilling, Exploration

Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF), a publicly traded mineral exploration company exploring for high-grade copper and gold deposits in Virginia and Nunavut, Canada, along with its joint venture partner American West Metals Limited, is reporting on the status of drilling and exploration activities currently underway at the Storm Copper Project. The project is located on Somerset Island, Nunavut, and is being conducted by American West Metals Limited, which has formed a 20/80 unincorporated joint venture with Aston Bay on the project. Highlights of the update indicate that the excellent productivity for the 2024 summer drilling program is…

Continue Reading

WednesdayJul 24, 2024 11:29 am

NetworkNewsBreaks – DoubleDown Interactive Co. Ltd. (NASDAQ: DDI) Schedules Q2 2024 Results Conference Call, Webcast

DoubleDown Interactive (NASDAQ: DDI), a leading developer and publisher of digital games on mobile and web-based platforms, will release its second quarter 2024 financial results on Aug. 12, 2024, after the market closes. In addition, the company plans to host a conference call and simultaneous webcast that same day at 5 p.m. ET. During the call, members of the DoubleDown management team will provide an overview of those Q2 2024  financial results, including a business update; time will also be allotted for a question-and-answer session. A replay of the webcast will be available on the company's website shortly after the…

Continue Reading