Breaks Categories: News

WednesdayNov 01, 2023 12:58 pm

NetworkNewsBreaks – Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Reports on Q3 2023 Performance, Debt Financing

Prospera Energy (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B), a public oil and gas exploration, exploitation and development company focusing on conventional oil and gas reservoirs in western Canada, is reporting on its third-quarter production and financial results. According to the announcement, the company is steadily recovering production rates that had been impacted by adverse weather in earlier quarters, with PEI reaching gross peak rates of 770+ boe/d, with another 350 boe/d behind the pipe to be optimized. In addition, the report noted that phase 2 development drilling had begun during the quarter, which necessitated the temporary shut-in of the adjacent…

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WednesdayNov 01, 2023 12:31 pm

NetworkNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Reports on Progress at Bolivian Iska Iska Project

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM), an exploration and mine-development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec, has completed a metallurgical drill program at its Iska Iska silver-tin polymetallic project in the Potosi Department of southwestern Bolivia. The company is now conducting a definition drill program designed to fill-in major gaps in the block model as well as expand the higher-grade zone both along and across strike. According to the announcement, work will also be completed on improving tin recovery for future use, which is a major, very underexplored, exploration target…

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WednesdayNov 01, 2023 10:35 am

NetworkNewsBreaks — The Honeybee Collective Full Line of Pre-Roll Products Now Available in New York

The Honeybee Collective, a cannabis brand known for its commitment to a sustainable planet and people-friendly practices, announced that its full line of sustainably grown and packaged pre-rolls are now available for purchase in New York; the products will be available through the Cannabis Place delivery service and Union Square Travel Agency dispensary. The company initially launched in Colorado in 2021, where its products can now be found on the shelves of 45 dispensaries. The company has reported 28% average monthly growth in sales of its 10-pack and 2-pack pre-rolls, which are designed to be convenient and reliable. As it…

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WednesdayNov 01, 2023 10:24 am

NetworkNewsBreaks — DoubleDown Interactive Co. Ltd. (NASDAQ: DDI) Closes on Acquisition of Leading iGaming Operator

DoubleDown Interactive (NASDAQ: DDI), a leading developer and publisher of digital games on mobile and web-based platforms, has completed the acquisition of SuprNation AB, an iGaming operator. According to the announcement, the transaction totaled approximately $36.5 million. The company noted that the acquisition diversifies the digital games categories that DoubleDown addresses with the addition of three real-money iGaming sites in western Europe.  Licensed in Malta, Sweden, the Isle of Man and Great Britain, SuprNation also owns the VoodooDreams, NYSpinz and Duelz brands. “The acquisition of SuprNation is an important step in establishing our presence in new high-growth gaming categories that…

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TuesdayOct 31, 2023 3:32 pm

NetworkNewsBreaks – HUB Cyber Security Ltd. (NASDAQ: HUBC) Enters Strategic Alliance to Bolster Cyber Defenses Globally

HUB Cyber Security (NASDAQ: HUBC), a developer of confidential computing cybersecurity solutions and services, has announced a strategic alliance LOI with a company with cutting-edge technology in the automation of cyber risk detection and responses. The LOI contemplates the engagement in a strategic alliance via marketing the combined solutions of both companies in the U.S., the EU and in Israel. Within six months of signing of an agreement, subject to due diligence, HUB will receive an option to acquire all of the shares of the strategic partner. “The current situation in Israel only reaffirms the need for far stronger cyber…

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TuesdayOct 31, 2023 2:23 pm

NetworkNewsBreaks – Scinai Immunotherapeutics Ltd. (NASDAQ: SCNI) Releases Q3 2023 Financial Report, Reports Possible Adjustment of Facility Terms by EIB

Scinai Immunotherapeutics (NASDAQ: SCNI), a biopharmaceutical company focused on developing, manufacturing and commercializing innovative inflammation and immunology (“I&I”) biological products primarily for the treatment of autoimmune and infectious diseases, is reporting on its financial results for the third quarter ended Sept. 30, 2023; the report also included key business updates. Financial numbers to note in the report include R&D expenses of $1.13 million compared to $1.19 million for the same quarter in 2022; marketing, general and administrative expenses for the quarter totaled $0.97 million compared to $0.96 million for the three months ended Sept. 30, 2022; total operating expenses for the quarter came in at…

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TuesdayOct 31, 2023 2:02 pm

NetworkNewsBreaks – HeartBeam Inc. (NASDAQ: BEAT) to Host Third Quarter 2023 Results Conference Call

HeartBeam (NASDAQ: BEAT), a cardiac technology company that has developed the first and only credit card-size 3D-vector electrocardiogram (“VECG”) platform for patient use at home, announced that it will hold a conference call on Tuesday, Nov. 14, 2023, at 4:30 p.m. Eastern Time to discuss its results for the third quarter ended Sept. 30, 2023. The company will also review recent announcements, ongoing initiatives and anticipated 2024 milestones. HeartBeam CEO and Founder Branislav Vajdic, PhD, President Robert Eno and CFO Richard Brounstein will host the call, followed by a question-and-answer period. Accompanying the conference call will be a presentation, which…

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TuesdayOct 31, 2023 1:53 pm

NetworkNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Reports on Voting at Annual Meeting

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM), an exploration and mine-development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec, is reporting on the voting held during its annual shareholder meeting. The meeting was held virtually on Oct. 30, 2023. According to the report, a total of 29,893,834 common shares representing 38.90% of the company`s issued and outstanding common shares were voted in connection with the meeting. The shareholders attending the meeting voted in favor of the six director nominees, including Thomas Larsen, Francis Sauve, Alexander Horvath, Dusan Berka, Richard Stone and Pablo Ordoñez;…

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TuesdayOct 31, 2023 1:43 pm

NetworkNewsBreaks – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Announces Exceptional Assay Drill Results from Its PCH Ionic Clay Project

Appia (CSE: API) (OTCQX: APAAF) (FSE: A0I0) today announced a groundbreaking discovery of an extraordinary high-grade total rare earth oxides (“TREO”) intersection extending the known area of target IV at its PCH Ionic Clay Project located within the Goiás state of Brazil. According to the announcement, hole PCH-RC-063 contains unique high grades and depth of mineralization, spanning an impressive 24 metres from top to bottom, and remains open at depth. “These drill results are the highest TREO grades detected on the PCH property to date,” said Appia’s CEO Tom Drivas. “The data released today reveals an unprecedent concentration of TREO…

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TuesdayOct 31, 2023 12:07 pm

NetworkNewsBreaks – PaxMedica Inc. (NASDAQ: PXMD) Acquires Research Assets to Accelerate PAX-101 NDA Submission

PaxMedica (NASDAQ: PXMD), a pioneering biopharmaceutical company specializing in cutting-edge treatments for neurological disorders, today announced the successful acquisition of certain suramin research assets from Rediscovery Life Sciences (“RLS”). The assets were previously dedicated to the study of suramin’s potential efficacy in treating acute kidney injury resulting from chronic kidney disease. According to the announcement, the newly acquired data from RLS will play a crucial role in bolstering PaxMedica’s ongoing efforts to support the submission for the approval of PAX-101, specifically for the treatment of African sleeping sickness caused by the Trypanosoma brucei rhodesiense parasite. “Acquiring the research assets from…

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