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TuesdayJun 25, 2024 2:38 pm

NetworkNewsBreaks – Pinterest Inc. (NYSE: PINS) Gains Investor Attention Amid Promising Financial Outlook

Pinterest (NYSE: PINS) has recently become a focal point for investors, as evidenced by its popularity on Zacks.com. This heightened interest is a testament to the company’s evolving position in the competitive landscape of the internet software industry. Pinterest, a social media platform that allows users to discover and save information on the web using images and, on a smaller scale, GIFs and videos, in the form of pinboards, has shown a modest stock performance increase of 1.1% over the past month. This performance is particularly noteworthy when compared to the broader movements in the market, including a 4.2% change in the Zacks S&P 500…

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TuesdayJun 25, 2024 2:10 pm

NetworkNewsBreaks – InveniAI LLC Closes on $3.1M Debt Financing

InveniAI, a global leader in the application of artificial intelligence (“AI”) and machine learning (“ML”) tools to revolutionize drug discovery and development, has closed on its recent debt financing. According to the announcement, the financing was for an estimated $3.1 million. InveniAI is focused on transforming the discovery and development of life-changing therapies and products with AI-powered technology; the company’s objective is to improve human health and the quality of life. InveniAI has been working for more than a decade to solve real-world problems for the pharmaceutical industry. The company’s efforts led to the creation of an industry-leading technology platform:…

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TuesdayJun 25, 2024 1:44 pm

NetworkNewsBreaks – Annovis Bio Inc. (NYSE: ANVS) Announces Upcoming Investor Webcast Focused on PD, Lead Drug Candidate

Annovis Bio (NYSE: ANVS), a late-stage, drug-platform company developing novel therapies for neurodegenerative diseases such as Alzheimer’s (“AD”) and Parkinson’s disease (“PD”), is hosting an investor webcast. During the webcast, Annovis Bio officials will discuss recent developments and future plans for its lead drug candidate, Buntanetap, which targets neurodegeneration by inhibiting the formation of multiple neurotoxic proteins, including amyloid beta, tau, alpha-synuclein and TDP43. Management will also talk about strategic plans for upcoming clinical trials and provide an overview of the company’s progress and future direction. The webcast is scheduled for 4:30 p.m. ET on July 2, 2024. To view the…

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TuesdayJun 25, 2024 1:01 pm

NetworkNewsBreaks – GEMXX Corp. (GEMZ) Announces Strategic Board Appointment

  GEMXX (OTC: GEMZ) today announced that Ali S. Abood has joined the board of its primary investment target, Latin Energy Partners. According to the announcement, the addition to the board aligns with GEMXX’s commitment to strengthen its investment portfolio and expand its influence in the global energy sector. Abood brings a wealth of experience in international business, finance and consultancy, with a particular focus on the Middle East and Africa. “We are thrilled to announce Ali S. Abood has joined the board of Latin Energy Partners,” said Richard Clowater, CEO of GEMXX Corporation. “His extensive experience and proven track…

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TuesdayJun 25, 2024 12:52 pm

NetworkNewsBreaks – Lucid Group Inc. (NASDAQ: LCID) Appoints Nick Twork to Oversee Global Communications Team

Lucid Group (NASDAQ: LCID), maker of the world’s most advanced electric vehicles, has announced the appointment of Nick Twork as its head of global communications. In the new role, Twork will oversee Lucid’s global communications team, which includes worldwide product, corporate, financial and internal communications, media relations and social media. Twork will assist Lucid’s world-class executive team support and amplify the company’s mission, working closely across all divisions internationally. “Nick has a rare blend of deep industry insight, emerging technology leadership, and a passion for our mission to decarbonize the transportation sector,” said Lucid CEO and CTO Peter Rawlinson. “I’m…

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TuesdayJun 25, 2024 11:28 am

NetworkNewsBreaks – Bebuzee Inc. (BBUZ) Announces Debut of ‘Bebuzee,’ a Revolutionary Digital Platform

Bebuzee (OTC: BBUZ), an innovative social media and digital entertainment platform, today announced the launch of Bebuzee, the first super app tailored for digitally savvy users in America and Europe. Set for release at 12 p.m. ET on Aug. 30, 2024, this groundbreaking platform is poised to redefine the digital experience by integrating social media, entertainment, e-commerce, and more into a single, seamless application. Dubbed “Bebuzee,” the super app is designed to be the ultimate digital hub, providing a highly satisfying, online experience, combining the best features of social networking, online shopping, streaming services and more. “The debut of Bebuzee…

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TuesdayJun 25, 2024 10:32 am

NetworkNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Reports on $70M Private Placement, Funds to Support Los Azules Copper Project

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, is reporting on a nonbrokered private placement financing. According to the announcement, the private placement is comprised of up to 2,333,333 common shares of its wholly owned subsidiary McEwen Copper Inc. The shares were offered at a subscription price of $30 per common share, resulting in gross proceeds of up to $70 million for the company; McEwen Copper currently has 30,937,615 common shares outstanding. McEwen anticipates using funds from the placement to advance work on a bankable feasibility study for the Los Azules copper project, which is…

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MondayJun 24, 2024 2:06 pm

NetworkNewsBreaks – Clene Inc. (NASDAQ: CLNN) Announces Participation at Upcoming H.C. Wainwright Neuro Perspectives Virtual Conference

Clene (NASDAQ: CLNN) and its wholly owned subsidiary, Clene Nanomedicine Inc., a clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, including amyotrophic lateral sclerosis (“ALS”) and multiple sclerosis (“MS”), will be featured at this week’s H.C. Wainwright’s Fifth Annual Neuro Perspectives Virtual Conference. According to the announcement, Clene management will be presenting a fireside chat and will host one-on-one investor meetings during the June 27, 2024, online event. The presentation will be available upon demand the day of the conference, with a webcast of the presentation also found on the Clene website. To…

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MondayJun 24, 2024 1:32 pm

NetworkNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF), American West Metals Secure C$17.1M Royalty Package for Storm Copper Project

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, has entered into a binding funding agreement with Australian-based Taurus Mining Royalty Fund L.P. According to the announcement, Taurus will provide up to $12.5 million under a royalty package for the Storm Copper Project. The announcement noted that 80% of the funding will be allocated for American West Metals and 20% for Aston Bay Holdings. American West Metals plans to use its funds to…

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MondayJun 24, 2024 11:54 am

NetworkNewsBreaks – HUB Cyber Security Ltd. (NASDAQ: HUBC) Issues Update on Financial Reports, Recent Business Developments

HUB Cyber Security (NASDAQ: HUBC) (“HUB”), a developer of confidential computing cybersecurity solutions and advanced data services, today released a statement regarding the recent announcement published on May 23, 2024. The company clarified that it is on track to release its annual financial reports within the next few weeks. In addition, HUB has secured two deals with governmental entities, highlighting its commitment to strategic expansion and enhancing its offerings. The company expects significant progress in its secure data fabric vertical by the end of the next quarter. To view the full press release, visit https://nnw.fm/9LQJw About HUB Security Ltd. HUB…

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