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MondayApr 22, 2024 12:53 pm

NetworkNewsBreaks – EF Hutton to Host Annual Global Conference in NYC, Spotlighting Strategic Growth and Investor Connections

EF Hutton, a full-service investment bank headquartered in New York, NY, recently announced additional details regarding its Annual Global Conference being hosted at the Plaza Hotel in New York City on May 15, 2024. The event will provide a platform for corporate executives, institutional investors, and family offices to network, exchange ideas, and explore potential collaborations in both individual and group settings. Following the triumph of last year’s gathering, the investment bank is attracting a premier roster of growth-oriented companies, as well as its corporate clients, institutional investors, high-net-worth individuals, and a select group of business media representatives. "At its…

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MondayApr 22, 2024 12:39 pm

NetworkNewsBreaks – Reunion Gold Corp. (TSX.V: RGD) (OTCQX: RGDFF), G Mining Ventures Announce Combination to Set the Stage for a Leading Intermediate Gold Producer in the Americas

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF), together with G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF), today announced entry into a definitive agreement to combine the two companies, setting the stage for the creation of a leading intermediate gold producer (the “transaction”). Through the transaction, GMIN will acquire RGD’s flagship Oko West Project located in Guyana, within the Guiana Shield region, one of the most attractive mining jurisdictions in South America. Under the agreement, GMIN and RGD shareholders will receive common shares of a newly formed company (the “New GMIN”) equivalent to RGD shareholders being issued 0.285 GMIN common shares…

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MondayApr 22, 2024 12:20 pm

NetworkNewsBreaks – Upstream Featured in Recent Article Discussing Increasing Shareholder Engagement

Upstream, the revolutionary retail trading app for stocks and NFTs powered by Horizon Fintex and MERJ Exchange Limited, offers a unique platform designed to empower issuers to not only reach a global investor base but also build deeper connections with both new and existing shareholders. The company was spotlighted in an article discussing how to leverage digital communication; the article also stated that shareholder engagement is more important than ever. Methods of communicating with shareholders include the traditional email, meetings and press releases; however, forward-thinking issuers are looking to modern digital communications to engage more meaningfully with investors. These methods can include…

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MondayApr 22, 2024 11:53 am

InvestorNewsBreaks — Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB:ATBHF), American West Metals Commence Drilling, Geophysics at 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, has started high-impact drilling and exploration activities at its Storm Copper Project on Somerset Island, Nunavut. According to the announcement, American West Metals Limited will conducting the activities. American West has earned an undivided 80% interest in the project and will be solely responsible for funding the program. As part of the activities, track-mounted reverse-circulation (“RC”) drilling is focused on testing new, high-priority exploration targets; resource definition drilling of the 2023 high-grade copper discovery…

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MondayApr 22, 2024 11:13 am

NetworkNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Enters SID Agreement for Base Resources Transformational Acquisition

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S. producer of uranium, rare earth elements (“REEs”) and vanadium has executed a definitive scheme implementation deed (“SID”) with Base Resources Limited. According to the agreement, Energy Fuels has agreed to acquire 100% of the issued shares of Base Resources in consideration for 0.0260 Energy Fuels common shares and A$0.065 in cash; the transaction will be payable by way of a special dividend by Base Resources to its shareholders for each Base Resources ordinary share held. The transaction has a total equity value of an estimated A$375 million. Highlights of the agreement include that…

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MondayApr 22, 2024 11:11 am

NetworkNewsBreaks – FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE) (FRA:0K9A) Issues Update on Celly Nu’s Pending Launch of unbuzzd(TM)

FSD Pharma (NASDAQ: HUGE) (CSE: HUGE) (FRA:0K9A) today provided an update by way of a news release issued by Celly Nutrition Corp. (“Celly Nu”), and its launching of unbuzzd(TM), an innovative beverage product that is scientifically formulated from a proprietary blend of vitamins, minerals and botanical extracts designed to support the body’s natural processes for metabolizing alcohol and promoting alertness. According to the announcement, on April 22, 2024, Celly Nu announced a strategic partnership with BevSource, a St. Paul, Minnesota-based leading provider of beverage development, production and operations solutions. The partnership will assist with the production and distribution process of…

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FridayApr 19, 2024 1:39 pm

NetworkNewsBreaks – HUB Cyber Security Ltd. (NASDAQ: HUBC) Addresses Proceedings Initiated by Dominion

HUB Cyber Security (NASDAQ: HUBC) (“HUB Security”), a developer of confidential computing cybersecurity solutions and services, is addressing the proceedings initiated by Dominion in the U.S. and Israel, including an application to the District Court of Tel Aviv to commence proceedings under Israeli insolvency law. “HUB considers Dominion’s action to be frivolous, entirely without merit, and an illegitimate attempt to pressure the company with respect to a commercial dispute pending in a New York court,” reads the press release. The announcement stated that HUB has filed a counterclaim in the New York court action, “alleging various misconduct by Dominion” and…

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FridayApr 19, 2024 1:34 pm

NetworkNewsBreaks – Nutriband Inc. (NASDAQ: NTRB) Enters Into Private Placement Agreements to Raise Funds for Development of AVERSA Fentanyl

Nutriband (NASDAQ: NTRB), a company engaged in the development of abuse-deterrent pharmaceutical products, has entered into definitive securities purchase agreements. The agreements are for the purchase and sale of up to 2,100,000 shares of common stock, with each share offered at $4 per share. According to the announcement, for each share of common stock purchased the investor receives a five-year warrant to purchase two shares of common stock; the exercise price for the warrants is $6.43 per share. The company anticipates using the funds from the private placement, which is expected to close on or about April 19, 2024, to…

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FridayApr 19, 2024 12:34 pm

NetworkNewsBreaks – Diamond Lake Minerals Inc. (DLMI), BOXABL Collaboration Spotlighted in Latest Proactive Interview

Diamond Lake Minerals (OTC: DLMI), a leading multi-strategy operating company specializing in developing and supporting digital assets and SEC-registered security tokens, has been featured in an interview with Proactive. DLMI CEO Brian J. Esposito joined Proactive’s Steve Darling to discuss the company’s long-term real estate vision and its collaboration with BOXABL, Inc., a modular home building company. In the interview, Esposito stated that DLMI’s announcement and partnership with BOXABL mark a pivotal moment in expanding the use cases of BOXABL technology. DLMI and BOXABL, Esposito said, aim to identify, design and develop aesthetically pleasing communities known as Boxable Villages. Esposito…

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FridayApr 19, 2024 11:57 am

NetworkNewsBreaks – Turbo Energy S.A. (NASDAQ: TURB) Reports on FY 2023 Financial, Business Results

Turbo Energy S.A. (NASDAQ: TURB), a leading energy-saving technology company leveraging artificial intelligence software, is reporting its financial numbers and business highlights for the year ended Dec. 31, 2023. Specifically, the company reported revenues of $14.54 million and a net loss of $2.23 million. Cost of revenue decreased 55%, to an estimated $13 million with selling and administrative expenses up 24% to more than $2.8 million. The company noted that key accomplishments for the year included its new SunBox Industry product line, a storage solution focused on the solar, commercial and industrial self-consumption market; an initial public offering of 1…

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