Breaks Categories: News

FridayDec 29, 2023 11:57 am

NetworkNewsBreaks — Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Releases Shareholder Letter Reviewing Year

Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) (FSE: A0I0), a publicly traded Canadian company in the rare earth element and uranium sectors, has released an end-of-year letter for its shareholders. Signed by company president Stephen Burega, the letter reviewed the year’s successes and achievements for the company. Highlights of the letter included the company’s expansion into Brazil through an earn-in agreement to acquire up to 70% interest in the PCH Ionic Adsorption Clay project in Goiás State; the hiring of of SGS Geological Services, led by Marc-Antoine Leporte, to prepare a Mineral Resource Estimate (“MRE”) on its high-grade Ionic…

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ThursdayDec 28, 2023 12:45 pm

NetworkNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Investors Convert $3.55M Debt to Equity

Freight Technologies (NASDAQ: FRGT), a technology company that offers the proprietary Fr8App platform, announced that its investors have converted millions of dollars of convertible debt to equity. According to the announcement, investors converted approximately $3.55 million in convertible notes into equity in the form of preferred shares. Fr8App is an industry-leading, freight-matching platform powered by artificial intelligence (“AI”) and machine-learning that offers a real-time portal for business-to-business (“B2B”) cross-border shipping and domestic shipping within the United States-Mexico-Canada Agreement (“USMCA”) region. “The conversion is very positive news for the company,” said Freight Technologies CEO Javier Selgas in the press release. “The amount…

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ThursdayDec 28, 2023 12:05 pm

NetworkNewsBreaks — Electronic Servitor Publication Network Inc. (XESP) Completes Pointward Inc. Merger, Adds to ‘Formidable’ Portfolio

Electronic Servitor Publication Network (OTCQB: XESP), a digital engagement company, has finalized its merger with Pointward Inc., a Delaware intellectual property holding company, for its channel-activation and customer-engagement assets. The company announced that the merger includes Pointward’s intellectual property, which consists of proven models, methods, protocols, tools and technologies designed to identify audience segments and engage each segment with customized content to create relevant, one-to-one digital relationship pathways. According to the announcement, the company plans to leverage Pointward’s IP portfolio to enhance its managed service product and to gain the capability and expertise to serve both highly regulated and unregulated markets.…

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ThursdayDec 28, 2023 11:55 am

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Delivers 50 Class 1 EV Cargo Vans to Randy Marion Automotive Group

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced delivery of 50 all-electric Mullen ONE, Class 1 cargo vans to Randy Marion Automotive Group (“RMA” or “Randy Marion”) with the company invoicing RMA for $1,680,000. Mullen anticipates shipping and invoicing a total of 285 Mullen ONE cargo vans within the next five business days to RMA. “With the advance of last-mile delivery and the growth of in-home services, the Mullen ONE EV cargo van is in strong demand,” said Brad Sigmon, fleet vice president at Randy Marion Automotive. “The Mullen ONE is an extremely versatile offering and…

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ThursdayDec 28, 2023 10:43 am

NetworkNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), Astron Corp. Enter MOU to Develop Australia-Based REE and Mineral Sands Project

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S. producer of uranium, rare earth elements (“REE”) and vanadium, has entered into a nonbinding Memorandum of Understanding (“MOU”) with Astron Corporation Limited to jointly develop the Donald Rare Earth and Mineral Sands Project in Victoria, Australia. According to the MOU, Energy Fuels has exclusive rights through March 1, 2024, to conduct due diligence on the project and negotiate definitive and binding agreements regarding the joint venture. The agreement outlines plans for Energy Fuels to invest approximately $122 million to earn a 49% interest in the venture and to issue $17.5…

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WednesdayDec 27, 2023 3:09 pm

NetworkNewsBreaks – Zevra Therapeutics Inc. (NASDAQ: ZVRA) Resubmits Arimoclomol New Drug Application to the FDA

Zevra Therapeutics (NASDAQ: ZVRA) a rare disease therapeutics company, today announced it resubmitted its New Drug Application (“NDA”) for arimoclomol, an investigational therapeutic candidate for the treatment of Niemann-Pick disease type C (“NPC”) to the U.S. Food and Drug Administration (“FDA”) on Dec. 22, 2023. Based on standard NDA resubmission review timelines, the company anticipates an acknowledgment letter from the FDA that the resubmission is complete and setting the PDUFA date within 30 days. Zevra expects the NDA to be classified as Class II, which would be subject to a review period by the FDA within six months from the…

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WednesdayDec 27, 2023 3:03 pm

NetworkNewsBreaks — Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Comments on China Ban on Export of REE Tech, Notes Company’s REE Focus Is of ‘Increasing Strategic Importance’

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a leading developer of rare earth element (“REE”) processing technology, has released comments regarding the ban by China on the export of technology for the processing of rare earth elements (“REEs”). According to the statement, China announced a ban last week on the export of technology to produce REE permanent magnets and also confirmed its existing ban on technology associated with the separation of REEs. In the announcement, Ucore noted the Asian country’s “virtual monopoly” on the processing of heavy rare earth elements such as dysprosium, observing that Ucore’s current $4 million contract with…

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WednesdayDec 27, 2023 2:46 pm

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Completes Solid-State Polymer Cell to Pack Development, Commences Class 1 Battery Pack Testing

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced the successful completion of solid-state polymer cell to pack integration for the Mullen ONE Class 1 EV cargo vans. Having completed pack development, the solid-state BMS and pack level testing is set to kick off on Dec. 28, 2023. The progress allows Mullen to remain on schedule to begin on-vehicle road testing of the solid-state polymer packs in the Class 1 EV cargo van in the first quarter of 2024. “We continue to make significant progress in fulfilling our commitment to providing the next-generation of battery technology to…

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WednesdayDec 27, 2023 2:29 pm

NetworkNewsBreaks – Electronic Servitor Publication Network Inc. (XESP) Acquires Assets of PhiTech Management LLC

Electronic Servitor Publication Network (OTCQB: XESP), a digital engagement company, today announced that it has finalized its purchase of the assets of PhiTech Management, LLC, a digital activation and engagement technology company. PhiTech provides customer and content workflow applications that are designed to connect people with customized content through dynamic content provisioning, creating relevant digital relationships. On Dec. 22, 2023, XESP acquired PhiTech’s proven proprietary Digital Engagement Engine(TM), a sophisticated tech stack built on microservices architecture to help companies enhance the reach and lift of their content to targeted and new audiences. “The asset purchase of PhiTech allows XESP to…

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WednesdayDec 27, 2023 2:21 pm

NetworkNewsBreaks – Turbo Energy S.A. (NASDAQ: TURB) Announces Interim Results for Period Ended June 30, 2023, Transition in Management Structure

Turbo Energy (NASDAQ: TURB), the leading energy-saving technology company leveraging artificial intelligence software, today announced its unaudited interim financial results for the six months ended June 30, 2023. “The year 2023 has been a period in which the residential and industrial self-consumption photovoltaic sector has been affected by a variety of external factors that have led to a reduction in volumes,” Turbo Energy management commented on the results. “The company, however, remains very optimistic about the coming years. This optimism comes from the strong development in artificial intelligence product lines and software that Turbo Energy has done and is doing.…

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