Breaks Categories: News

TuesdaySep 19, 2023 12:56 pm

NetworkNewsBreaks – Datasea Inc. (NASDAQ: DTSS) Announces $2.0M Underwritten Public Offering

Datasea (NASDAQ: DTSS), a Nevada incorporated digital technology corporation engaged in converging and innovative business segments for intelligent acoustics and 5G messaging technology in China, recently announced the pricing of its underwritten public offering of 5,000,000 shares of common stock, each at a public offering price of $0.40, for aggregate gross proceeds of approximately $2.0 million. In addition, the company has granted the underwriters a 45-day option to purchase up to an additional 750,000 shares of common stock at the public offering price per share, less the underwriting discounts, to cover over-allotments, if any. Datasea intends to use the net…

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TuesdaySep 19, 2023 12:50 pm

NetworkNewsBreaks – GEMXX Corp. (GEMZ) Announces 2nd Gold Production from Snow Creek Mine Site

GEMXX (OTC: GEMZ), a leader in the ammolite gemstone mine-to-market segment and a partner in Canadian gold exploration, in collaboration with Crazy Horse Mining Inc. (“CHMI”), today announced successful completion of its second clean-out and recording of gold production at the Snow Creek site for the 2023 mining season. In partnership with CHMI, GEMXX has processed 18,000 cubic yards of gold-bearing ore at its Snow Creek mine. According to the update, production results have exceeded expectations, yielding 172.30 ounces of gold from 18,000 cubic yards of material, amounting to 0.96 ounces per 100 cubic yards. “Gold production from the Snow…

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TuesdaySep 19, 2023 12:36 pm

NetworkNewsBreaks – Correlate Energy Corp. (CIPI) Appoints Industry Veteran as VP of Finance

Correlate (OTCQB: CIPI), a growth-oriented distributed energy company, today announced its appointment of Johan Themaat as the vice president of finance, effective Sept. 1, 2023. Themaat brings a wealth of experience in leadership, strategy and finance across the broader energy industry. With a background spanning several prominent companies, including Mission Energy, NGL Energy Partners and the Royal Bank of Scotland, Johan has demonstrated his expertise in leading teams through acquisitions, capital raises and project development ranging from $1 million to over $250 million. His experience across energy infrastructure perfectly aligns with Correlate’s commitment to advancing sustainable solutions. “We are thrilled…

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TuesdaySep 19, 2023 10:32 am

NetworkNewsBreaks — Cepton Inc. (NASDAQ: CPTN) Board Approves 1-for-10 Reverse Stock Split, Names Chief Commercial Officer

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, announced a 1-for-10 reverse stock split of its common stock; the move was approved by Cepton’s board of directors. According to the announcement, the split will be effective on Sept. 21, 2023, at 5 p.m. ET, with the common stock beginning to trade on a split-adjusted basis on Sept. 22, 2023, when the NASDAQ exchange opens. The announcement noted that stockholders approved the proposal to authorize the board to affect a reverse split at a ratio ranging from 1-for-5 to 1-for-20 during a Sept. 7 special meeting. The…

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TuesdaySep 19, 2023 10:19 am

NetworkNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Closes on Auramet $12M Loan Facility

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF), a company that is advancing the next generation of nickel-sulphide projects, has closed on a secured loan facility with Auramet International, Inc.; the $12 million loan facility was previously announced on Sept. 6, 2023. According to the announcement, the company anticipates using the net proceeds from the transaction for working capital and to advance its permitting and detailed engineering activities. Transaction details include a loan due date of Dec. 18, 2023, with an interest rate of 1% per month; the transaction is subject to a 2.3% arrangement fee. The announcement also noted that Auramet has received…

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MondaySep 18, 2023 4:00 pm

NetworkNewsBreaks – The BuildClub’s $500K StartEngine Milestone Is Testament to Visionary Approach in Construction Industry

The BuildClub, a pioneering AI-driven on-demand marketplace for construction materials, announced that it raised an impressive $500,000 on the renowned crowdfunding platform StartEngine in addition to $4 million raised from accredited investors. Since inception, The BuildClub has transformed the construction industry by streamlining the material sourcing process for contractors, homeowners and businesses. Through the innovative platform, users are provided access to a wide range of building materials, from roofing and lumber to plumbing and electrical supplies, with the added convenience of same-day delivery. The $500,000 fundraising achievement is a testament to the company’s visionary approach and the trust it has…

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MondaySep 18, 2023 3:50 pm

NetworkNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announces Launch of Proprietary Fleet Telematics Solution

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has launched Commercial Pulse, an advanced telematics application for customers that offers a complete solution for vehicle diagnostics and fleet optimization. According to the announcement, Mullen’s Commercial Pulse is an advanced telematics AI app that provides drivers and fleet companies with maintenance alerts, real-time vehicle location, driver safety, battery state of charge, metrics and more for fleets of vehicles. Included in the system is an end-user dashboard that displays asset and trip management, electric vehicle and driver performance, geofencing and reporting. The system is available via two mobile applications —…

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MondaySep 18, 2023 1:25 pm

NetworkNewsBreaks – SoundThinking Inc. (NASDAQ: SSTI) Acquires Innovator in Intelligent Weapons Detection Technology

SoundThinking (NASDAQ: SSTI) (formerly ShotSpotter Inc.) is a leading public safety technology company that combines data-driven solutions and strategic advisory services for law enforcement and community assistance groups. On Aug. 18, 2023, the company acquired SafePointe LLC, an innovator in intelligent weapons detection technology. Backed by a team with more than a decade of experience in developing, fielding and monitoring perimeter and route security in the most challenging global surroundings, SafePointe’s AI-based solution is designed for high-traffic environments that require highly secure, frictionless access in a low-profile form factor. ROTH MKM acted as financial advisor to SafePointe in its acquisition…

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MondaySep 18, 2023 1:19 pm

NetworkNewsBreaks – VenHub Announces Launch of Second Funding Round

VenHub, a trailblazing division of Autonomous Solutions, Inc., today unveiled the commencement of its second round of funding. In an effort to continue redefining Smart Store solutions worldwide, the company has strategically selected Jumpstart Micro, dba Issuance Express, as its Regulation CF equity crowdfunding platform portal for the second round of funding. “Today marks a significant chapter in our journey to elevate VenHub as a global brand,” said VenHub CEO Shahan Ohanessian. “We understand the enormous demand, recognize the urgent need for the VenHub solution worldwide, and acknowledge our pivotal role in the autonomous retail arena. We bear a profound…

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MondaySep 18, 2023 1:14 pm

NetworkNewsBreaks – Diamond Lake Minerals Inc. (DLMI) Names Seasoned Veteran as Strategic Advisor

Diamond Lake Minerals (OTC: DLMI), a leading multi-strategy operating company specializing in the development and support of digital assets and SEC-registered security tokens, announced that founder and managing partner of SkyBridge, Anthony Scaramucci, has joined the company as a strategic advisor. SkyBridge is a global alternative investment firm. In addition, Scaramucci is the founder and chairman of SALT, a globally renowned thought leadership forum and venture studio; he also cofounded investment partnership Oscar Capital Management, which was ultimately acquired by Neuberger Berman in 2001. Scaramucci has an impressive resume and has gained unparalleled expertise in finance, technology and business strategy…

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