Breaks Categories: News

TuesdayAug 27, 2024 11:12 am

NetworkNewsBreaks – Torr Metals Inc. (TSXV: TMET) Releases Report on Final Assay Results from 2024 Reconnaissance Programs Rock Grab Samples

Torr Metals (TSX.V: TMET), a mineral exploration company focusing on the identification, acquisition and advancement of mineral properties, is reporting on the final assay results from a total of 33 rock grab samples collected during 2024 reconnaissance programs. According to the report, the samples reveal additional high-grade rock grab assays within the Kirby, Rea and Clapperton exploration target zones as well as a new copper-gold discovery in the northern portion of the Kolos Copper-Gold Project, which is now called the Sonic Zone. “The latest results from our 2024 reconnaissance sampling programs not only reaffirm the high-grade potential of the Kolos…

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TuesdayAug 27, 2024 10:54 am

NetworkNewsBreaks – PaxMedica Inc. (NASDAQ: PXMD) Provides Update on Its Response to Extraordinary Request to Provide PAX-101 to Malawi

PaxMedica (NASDAQ: PXMD), a leading biopharmaceutical company dedicated to advancing treatments for neurological disorders, today announced that the first patient suffering from the potentially fatal parasitic infection known as Human Africa Trypanosomiasis Brucei Rhodesiense (“HAT”) in Malawi had been treated with PAX-101, an intravenous form of Suramin. The announcement noted that the Malawi Ministry of Health has informed PaxMedica that, following the treatment, the patient is recovering at home. The Rhodesiense strain of HAT is nearly 100% fatal if not treated promptly, and Suramin is considered the standard of care in Malawi and many East African countries. “The first use…

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TuesdayAug 27, 2024 10:24 am

NetworkNewsBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Reports on Significant Achievements, System Activation, Expanding Network

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a leading green ammonia company, has released a status update. According to the announcement, the update outlines the company’s significant milestones as it “closes in on system activation and broadens its network of strategic partners.” The report includes highlights from FuelPositive’s Aug. 19, 2024, finance meeting with Adrien Sala; a project timeline update; the company’s initiative to strengthen the team, promote excellence and address challenges; recent financing developments and sales efforts; and the expansion of strategic networks. “As the company approaches critical milestones, FuelPositive is entering an exciting phase of growth and innovation,” said the…

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MondayAug 26, 2024 2:08 pm

NetworkNewsBreaks – Alphabet Inc. (NASDAQ: GOOGL) Strikes $250 Million Deal with California to Support Journalism

Alphabet’s (NASDAQ: GOOGL, GOOG) Google, a tech giant known for its search engine and various digital services, has recently made headlines with a $250 million deal with the state of California. This agreement is designed to support newsrooms across California, providing a much-needed financial boost to the journalism industry. The industry has been struggling with financial difficulties and has seen numerous layoffs over the year. This move by Google is seen as a commitment to the media sector, highlighting the company’s involvement in areas beyond its core tech operations. Despite the significant amount of money involved, some critics argue that the $250 million investment is…

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MondayAug 26, 2024 1:48 pm

NetworkNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Reports on ‘Highly Successful’ Geochemistry Program at Historic Gochager Lake Project

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF), an exploration company targeting magmatic nickel sulphide discoveries to support the rapidly growing global electric vehicle market, is reporting final results from its June soil and rock geochemistry program, which was completed at the company’s Gochager Lake Property. Calling the program “highly successful,” the company reported that the results “clearly demonstrate that the geochemical footprint of the Gochager Lake deposit has been extended by up to four kilometers along trend (approximately two kilometers in both the NE and SW directions).” The company also completed the construction of its 20–25-person, all-season camp, which is…

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MondayAug 26, 2024 10:59 am

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces ‘Landmark Agreement’ Providing Exposure to the UAE, Middle East

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced a contract worth approximately $210 million. According to the announcement, Volt Mobility, a leading United Arab Emirates (“UAE”)-based commercial leasing company, has entered into a purchase agreement to acquire 3,000 Class 1 and Class 3 EV cargo vans and trucks over a 16-month period. Mullen will receive an initial $3 million deposit within 60 days and additional payments as the EVs are delivered. The company will begin shipping the first vehicles immediately. Mullen expects to recognize approximately $210 million in revenue over the next 16 months of the…

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MondayAug 26, 2024 10:43 am

NetworkNewsBreaks – Upstream Works to ‘Increase Liquidity Potential from International Retail Traders,’ Article Reports

Upstream, a MERJ Exchange stock market and global trading app, is the next-generation market for maximizing liquidity and investor access, notes a recent article. According to the article, Upstream solves the problems of international shareholders facing difficulty depositing shares for secondary trading as well as overseas investors struggling to buy stock on current exchanges. Upstream enables issuers listed on both U.S. and international stock exchanges to dual list their shares, thereby reaching investors outside of their primary markets.  Upstream has a simple onboarding process, the article observes, and gives retail investors the ability to trade stock using an app from…

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MondayAug 26, 2024 10:32 am

NetworkNewsBreaks – Sekur Private Data Ltd. (CSE: SKUR) (OTCQB: SWISF) (FSE: GDT0) Announces CA$1.7M Non-Brokered Private Placement

Sekur Private Data (CSE: SKUR) (OTCQB: SWISF) (FSE: GDT0), a leading Swiss-hosted secure and private communications platform, today announced a non-brokered private placement. The company will issue up to 50,000,000.00 units, each consisting of one common share priced at CA$0.034 per share and one full share purchase warrant. The announcement noted that each warrant will entitle the holder to purchase a common share at a price of CA$0.055 per share for a period of 24 months from the closing date. The company aims to raise gross proceeds of up to CA$1,700,000 from the private placement and intends to use the…

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MondayAug 26, 2024 10:09 am

NetworkNewsBreaks – SenesTech Inc. (NASDAQ: SNES) Closes on $2.3M Warrant Exercise

SenesTech (NASDAQ: SNES), the rodent fertility control experts and inventors of the only EPA-registered contraceptive for male and female rats, has closed on an exercise of certain existing warrants. The exercise consisted of purchasing 505,502 shares of the company's common stock at a reduced exercise price of $4.60 per share. The company also issued new warrants. According to the announcement, gross proceeds from the exercise of the existing warrants totaled an estimated $2.3 million before fees and deductions. The company plans to use the funds from the transaction for working capital and general corporate purposes, including the continued rollout of its Evolve(R) product…

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MondayAug 26, 2024 8:30 am

NetworkNewsBreaks – SuperCom Ltd. (NASDAQ: SPCB) Partners with Multiple Sheriff Agencies Across West Virginia to Deploy Cutting-Edge PureOne Technology

SuperCom Ltd. (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and cybersecurity sectors, is announcing that it has secured new electronic monitoring contracts with multiple Sheriff agencies across West Virginia. These contracts leverage SuperCom’s innovative PureOne suite to provide robust monitoring solutions in rural areas. According to the announcement, the contracts are already generating recurring revenue, solidifying SuperCom’s footprint in the U.S. market, particularly in rural regions where robust and reliable monitoring solutions are crucial. “We are excited to partner with Sheriff agencies across West Virginia to bring our cutting-edge PureOne technology to their communities. These…

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