Breaks Categories: News

ThursdayJun 13, 2024 2:02 pm

NetworkNewsBreaks – Scinai Immunotherapeutics Ltd. (NASDAQ: SCNI) Receives LOI with European Investment Bank for Loan-to-Equity Conversion

Scinai Immunotherapeutics (NASDAQ: SCNI), a biopharmaceutical company focused on the development of inflammation and immunology (“I&I”) biological products and on providing contract development and manufacturing organization (“CDMO”) services through its Scinai Bioservices business unit, has received a nonbinding letter of intent (“LOI”) from the European Investment Bank (“EIB”). According to the announcement, the LOI contains terms for converting EIB's loan of approximately $27.6 million into equity in the form of prefunded warrants; the warrants, which will be exercisable into American Depositary Shares (“ADSs”), represent 19.5% of the fully diluted capital of the company as well as capped variable return mostly in the form of…

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ThursdayJun 13, 2024 1:50 pm

NetworkNewsBreaks – Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF) Announces Annual Shareholder Meeting, Outlines Agenda Items for Voting

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF), a leading gold explorer in the Guiana Shield, has scheduled an annual general and special shareholders meeting. The meeting will be held July 9, 2024, with agenda items that include voting and approving an arrangement with G Mining Ventures. According to the announcement, shareholders will vote to approve a statutory plan of arrangement entered into between Reunion Gold, G Mining Ventures Corp. and Greenheart Gold Inc. The arrangement calls for a new entity to be incorporated to hold and manage the combined business of Reunion Gold and GMIN; the new entity will acquire all of…

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ThursdayJun 13, 2024 1:42 pm

NetworkNewsBreaks – FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE) (FRA:0K9A) Signs Option Agreement with USC to Exclusively Evaluate Novel Technology for Commercialization

SD Pharma (NASDAQ: HUGE) (CSE: HUGE) (FRA:0K9A), a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions, has entered into an exclusive option agreement with the University of Southern California (“USC”). Signed June 11, 2024, the option agreement allows FSD Pharma to exclusively evaluate, for an initial term of six months, a novel dietary supplement technology for commercialization. At the end of this term, the company will have the option to either extend it for a further six months or to sign an exclusive license with USC for the technology. The company is evaluating this novel…

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ThursdayJun 13, 2024 1:37 pm

NetworkNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Chairman & Chief Owner Featured in Latest Episode of The MiningNewsWire Podcast

McEwen Mining (NYSE: MUX) (TSX: MUX) is an asset rich diversified gold and silver producer in the Americas with a large exposure to copper through its McEwen Copper subsidiary. The company’s Chairman and Chief Owner, Rob McEwen, was featured in the latest episode of The MiningNewsWire Podcast as part of IBN’s sustained effort to provide specialized content distribution via widespread syndication channels. During the interview with host Stuart Smith, McEwen discussed his extensive background in the mining sector, talked about McEwen Mining’s project portfolio, and examined the mining industry’s reputation relating to environmental stewardship before detailing the company’s efforts to…

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WednesdayJun 12, 2024 3:45 pm

NetworkNewsBreaks – Pinterest Inc. (NYSE: PINS) Balances Impressive Earnings Growth with Valuation Concerns

Pinterest (NYSE: PINS) has been making waves in the investment community, as noted by its recent trends on Zacks.com. The company, known for its visual discovery engine and social media platform, has experienced a slight increase in its stock value by 2.2% over the past month. This performance, while modest, is slightly below the gains seen in the broader S&P 500 composite and the specific internet software industry sector. Such movements in Pinterest’s stock price warrant a deeper dive into the factors that could shape its future in the competitive landscape of social media and online advertising. Analysts are showing a bullish outlook…

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WednesdayJun 12, 2024 3:29 pm

NetworkNewsBreaks – Software Effective Solutions Corp. (SFWJ) Collaborates to Begin Exporting CBD Buds to Switzerland

Software Effective Solutions (OTC: SFWJ) (d/b/a MedCana), a holding company focused in the cannabis and agricultural technology sectors, has announced a new strategic partnership with one of its subsidiaries with a prominent local Colombian company to begin the export of its first crop of CBD buds to Switzerland within the next six months. The collaboration marks a major milestone in MedCana’s expansion into the European market and its commitment to delivering high-quality CBD products internationally. “We are thrilled to partner with such a reputable local company in Colombia,” said Gabriel Diaz, CEO of MedCana. “This partnership not only strengthens our…

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WednesdayJun 12, 2024 2:00 pm

NetworkNewsBreaks – Maritime Launch Services (OTCQB: MAXQF) (Cboe CA: MAXQ) Featured in Article Covering Canada’s Recent Multimillion-Dollar Deal to Backstop Construction of a New Spaceport

In a landmark move signaling Canada's firm commitment to space exploration, the government has thrown its support behind what is being called Canada’s version of Cape Canaveral. This endorsement comes at a time when the global demand for commercial space launches is reaching unprecedented levels. The Rude Awakening, a division of Paradigm Press headed up by former banker and financial educator Sean Ring, recently published an article titled “King: Canada’s Cape Canaveral North” that covers the momentum taking place in the space sector. As pointed out by the article’s author Byron King, the decision to support investment in the construction…

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WednesdayJun 12, 2024 1:44 pm

NetworkNewsBreaks – HealthLynked Corp. (HLYK) Unveils New Online Medical Record Request Form, Is Featured in Latest Episode of Bell2Bell Podcast

HealthLynked (OTCQB: HLYK), a leading provider of healthcare technology solutions, has unveiled a new online medical record request form, which is integrated with DocuSign. According to the announcement, patients can now seamlessly request their medical records with only a few clicks, and the records are automatically added to the patients' HealthLynked Network profile. The integration with DocuSign, a pioneer in electronic-signature technology, makes the request process quick and easy. The new online request form allows patients to request records from multiple healthcare providers and laboratories while providing enhanced security; all records are easily accessed and managed within the user's HealthLynked…

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WednesdayJun 12, 2024 1:43 pm

NetworkNewsBreaks – Plutonian Acquisition Corp. (NASDAQ: PLTN), Big Tree Cloud Holdings Limited (NASDAQ: DSY) Complete Business Combination

EF Hutton has announced that it served as the sole underwriter to Plutonian (NASDAQ: PLTN), a special purpose acquisition company, in connection with its approximately $500 million completed business combination with Big Tree Cloud International Group Limited, a consumer-oriented company dedicated to the development, production and sales of personal care products and other consumer goods in China. The listed company following the business combination is Big Tree Cloud Holdings Limited (NASDAQ: DSY, DSYWW), and its shares and warrants have commenced trading on the Nasdaq under the tickers DSY and DSYWW, respectively. For more information regarding the transaction, visit https://nnw.fm/LRb2m About…

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WednesdayJun 12, 2024 12:53 pm

NetworkNewsBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Marks ‘Historic’ Day with Installation of First Scalable Green Ammonia Production System

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a leading green ammonia company, has successfully installed the world's first farmer-owned modular green ammonia production system in Sperling, Manitoba. The installation comes after years of dedicated effort and meticulous planning. Calling June 11, 2024, an “historic moment” for the FuelPostive, company officials noted that all containers of its first commercial-scale system had been installed and placed in their final positions on a farm in Sperling. The installation is a significant step toward establishing more sustainable and environmentally friendly options for agriculture in Canada and around the world. The system created by FuelPositive is designed…

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