Breaks Categories: News

WednesdayFeb 21, 2024 1:52 pm

NetworkNewsBreaks – Modular Medical Inc. (NASDAQ: MODD) Announces Pricing of $10M Public Offering

Modular Medical (NASDAQ: MODD), a development-stage insulin delivery technology company seeking to launch the next generation of easy-to-use and affordable insulin pump technology, previously announced the pricing of its underwritten public offering of 9,090,910 shares of its common stock. The offering is led by Manchester Explorer, L.P., which is managed by Jeb Besser, Modular Medical’s chief executive officer, Morgan Frank, a member of the company’s board of directors, as well as other existing institutional investors. The shares of common stock are each being sold at a price to the public of $1.10. In addition, Modular Medical granted the underwriter a…

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WednesdayFeb 21, 2024 1:35 pm

NetworkNewsBreaks – Astra Energy Inc. (ASRE) Enters MOU to Develop Lesotho-Based 100-MW Clean and Renewable Energy Park

Astra Energy (OTCQB: ASRE) today announced that through its agent Aztec Management Consultants Inc., it has executed a memorandum of understanding (“MOU”) with the Lesotho National Development Corporation. The MOU is to develop a 100-megawatt (“MW”) Clean and Renewable Energy Park (“project”) in the country of Lesotho, an enclave within South Africa. Following the same business model implemented for both the 50-MW Clean and Renewable Energy Park being developed at Kibele Landfill in Zanzibar and the 350-MW combined cycle power plant in mainland Tanzania, Astra intends to own and operate the project as an independent power producer. Combined, the three…

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WednesdayFeb 21, 2024 1:27 pm

NetworkNewsBreaks – Software Effective Solutions Corp. (SFWJ) to Expand Portfolio with Strategic Acquisition

Software Effective Solutions (OTC: SFWJ) (d/b/a MedCana), a leading holding company in the cannabis industry, today announced final stages of negotiations to acquire its sixth cannabis company in Colombia. The acquisition is extremely significant because of the company’s cannabis genetics license, which MedCana believes will revolutionize its potential to create and register unique cannabis genetic varieties for production and commercialization. “The addition of this new company to MedCana’s portfolio represents a significant leap forward in our commitment to innovation and excellence within the cannabis sector,” said Gabriel Diaz, CEO of MedCana. “By integrating this company’s cutting-edge genetics capabilities, MedCana will…

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WednesdayFeb 21, 2024 12:17 pm

NetworkNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Reports on Actions, Approvals of Annual Shareholder Meeting

FingerMotion (NASDAQ: FNGR), a mobile services and data company, is reporting on the results of its recent annual meeting of shareholders. According to the report, the meeting was held on Feb. 17. During the meeting, shareholders voted on several issues, including the election of Martin J. Shen, Hsien Loong Wong, Yew Poh Leong, Michael Chan and Eng Ho Ng as members of the company’s board of directors. Other issues that were approved by shareholders during the meeting was the appointment of Centurion ZD CPA & Co. as FingerMotion’s independent registered public accounting firm as well as executive compensation. In addition,…

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TuesdayFeb 20, 2024 3:14 pm

NetworkNewsBreaks – Vstock Transfer Announces Sponsorship of Upcoming ROTH Conference

Vstock Transfer, a leading SEC-registered stock transfer firm known for its expertise in servicing private companies, IPOs and issuers listed on NYSE American, NASDAQ and OTC Markets, is sponsoring the 36th annual ROTH Conference. The conference is slated for March 17–19, 2024, in Dana Point, California. According to the announcement, the ROTH Conference has established a reputation for creating exclusive events that connect investors with private and public companies from diverse growth sectors, including consumer, technology and media, sustainability and industrial growth, agtech, energy, metals and mining, healthcare, services and insurance. The gathering includes both one-on-one and small-group meetings along…

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TuesdayFeb 20, 2024 2:29 pm

NetworkNewsBreaks — SOBR Safe Inc. (NASDAQ: SOBR) Tech Adopted by Premier Concierge Addiction Treatment Provider for At-Home Alcohol Treatment Program

SOBRSafe (NASDAQ: SOBR), providers of next-generation transdermal alcohol detection solutions, announced that ALYST Health has selected the SOBRsafe(TM) technology to use in its concierge addiction treatment services. ALYST offers the first and only at-home addiction-treatment program accredited by the Joint Commission, which is the oldest and largest health care standards-setting body in the country. According to the announcement, ALYST has purchased a supply of SOBRsure(TM) alcohol-detection wristbands with plans to use them as a more flexible, humane fully at-home alcohol treatment program. ALYST company officials noted that conventional treatment centers and conventional monitoring methods don’t always provide privacy or personalized treatment. With the…

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TuesdayFeb 20, 2024 2:20 pm

NetworkNewsBreaks — Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Reports on Results from Comprehensive Exploration Campaign

Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) (FSE: A0I0), a publicly traded Canadian company in the rare earth element and uranium sectors, is releasing results from a comprehensive exploration campaign at its Brazil-based PCH IAC REE Project. The campaignis comprised of 47 reverse circulation (“RC”) holes and is part of Appia’s 2023 drilling program at the Buriti REE Target. The announcement outlined the parameters of the target, which is open to the south, spanning approximately two km by 1.2 km. The average drill hole depth was 14 meters, with a total weighted average grade of 853 parts per million…

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TuesdayFeb 20, 2024 2:14 pm

NetworkNewsBreaks — Diamond Lake Minerals Inc. (DLMI) Invests in Avrio Worldwide PBC, Acquires Stake in Company

Diamond Lake Minerals (OTC: DLMI), a new industry innovator leading the way in digital assets and SEC-registered security tokens, has made a strategic investment in Avrio Worldwide PBC. In addition, Avrio will deploy its registered digital financial market infrastructure (“dFMI”) for the tokenization of digital assets across DLMI’s network of companies and with a current market capitalization of an estimated $150 million, DLMI will acquire a 24% stake in Avrio, which is a parent company of several companies delivering licensed digital financial market infrastructure and services across public, private and digital markets. Avrio has an ATS technology that can be…

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TuesdayFeb 20, 2024 1:48 pm

NetworkNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Announces Closing of $3.6M Registered Direct Offering

Lexaria Bioscience (NASDAQ: LEXX, LEXXW), a global innovator in drug-delivery platforms, has closed on a registered direct offering. The offering included the purchase and sale of 1,558,443 shares of common stock (or common stock equivalents in lieu thereof) offered at $2.31 per share. The company also noted that, in a concurrent private placement, it issued unregistered warrants to purchase up to 1,558,443 shares of common stock. The shares were offered at an exercise price of $2.185 per share and were immediately exercisable upon issuance with an expiration date five years following the date of issuance. H.C. Wainwright & Co. acted…

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TuesdayFeb 20, 2024 1:38 pm

NetworkNewsBreaks – FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A) Enters Market Offering Agreement

FSD 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 agreement. The market offering agreement is with H.C. Wainwright & Co. LLC. According to the agreement, FSD Pharma may offer and sell Class B subordinate voting shares in the capital of the company at its discretion. The offering may total up to $11,154,232. The announcement also noted that Wainwright will receive a 3% cash commission on the gross proceeds of the offering. The sales of the Class B shares can be made whenever FSD…

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