Breaks Categories: News

TuesdayDec 05, 2023 2:16 pm

NetworkNewsBreaks – Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Announces Million-Dollar Development Financing, New Management Appointment

Prospera Energy (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B), a publicly traded energy company based in Western Canada specializing in the exploration, development and production of crude oil and natural gas, has successfully completed a $3 million GORR financing. According to the announcement, the GORR portion bears a 1% royalty on Prospera’s revenue from its Cuthbert properties and is repurchasable for $3.48 million in one year. The financing included an arms-length Purchase and Sale, Overriding Royalty Agreement and Agreement to Purchase Royalty for the sale of 1% royalty on Prospera's revenue from its Cuthbert properties with $1 million disbursed on closing;…

Continue Reading

TuesdayDec 05, 2023 1:47 pm

NetworkNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announces Mullen THREE Delivery to Retail Partner for Sale to Customers

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has delivered its All-Electric Class 3 EV, the Mullen THREE, to the Randy Marion Automotive Group (“RMA”) in North Carolina. Mullen’s retail dealership partner, RMA is one of the largest commercial fleet dealers in the United States. The Mullen THREE is a low-cab forward chassis truck assembled in Mullen’s Mississippi-based commercial vehicle assembly plant. The newest Mullen vehicle boasts a 5,800-plus pound payload and 130-mile range and is specifically designed for the “urban last-mile delivery.” The truck chassis can be customized to meet a variety of vocational needs, including last-mile delivery,…

Continue Reading

TuesdayDec 05, 2023 12:43 pm

NetworkNewsBreaks — Cepton Inc. (NASDAQ: CPTN) COO Talks Integration of LiDAR in Latest Proactive Interview

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, is spotlighted in a recent Proactive interview. During the interview, Cepton chief commercial officer Mitch Hourtienne and Proactive host Steve Darling talked about LiDAR technology, with Hourtienne specifically clarifying misconceptions and explaining the categories of deals in the automotive sector related to LiDAR adoption. Hourtienne provided an overview of Cepton's progress, including successful hardware validation and software milestones; he also addressed the company’s ongoing focus on both hardware and software development, emphasizing Cepton’s commitment to advancing LiDAR technology in the auto industry. During the interview, Hourtienne also discussed…

Continue Reading

MondayDec 04, 2023 3:42 pm

NetworkNewsBreaks — Cool Amps Corp.’s CEO and Director Help Show That the Path to a Climate-Friendlier Future ‘Goes Through Chapel Street’

Cool Amps was featured in a recent article published by New Haven Independent. The piece covers the recent Tech Hub Grand Opening, discussing Cool Amps’ Lonnie Garris III and Nick Anderson’s attendance at the event in New Haven, Connecticut, celebrating “less carbon, more innovation,” where they showcased their company’s “laminar flow extraction module” prototype. “Retired Air Force colonel and eco-entrepreneur Lonnie Garris III returned to his home city Thursday evening to help show that the path to a climate-friendlier future — and a less carbon-intensive means of recycling lithium-ion batteries — goes through Chapel Street,” the article reads. “Garris is the founder and CEO…

Continue Reading

MondayDec 04, 2023 3:00 pm

NetworkNewsBreaks – ROTH MKM and Sustain SoCal to Co-Host Upcoming PCE6 Event

ROTH MKM and Sustain Southern California (“Sustain SoCal”) today announced plans to jointly host the 6th Annual Sustainability Private Capital Event (“PCE6”), which will take place in a virtual format on Wednesday, Dec. 6, 2023, and Thursday, Dec. 7, 2023. This year’s conference will feature Company Quick Pitches and 1-on-1 / small group ZOOM meetings, providing investors the opportunity to meet with early-stage sustainability companies in cutting-edge domains, including solar/storage, hydrogen, e-mobility, smart city, circular economy, water and agtech. “The outlook within the sustainability sector remains mixed. The recent passing of the IRA, the IIJA, as well as a series of state laws have benefitted…

Continue Reading

MondayDec 04, 2023 2:54 pm

NetworkNewsBreaks — PaxMedica Inc. (NASDAQ: PXMD) Featured in Recent H.C. Wainwright & Co. Research Report with ‘Buy’ Rating, $3 PT

PaxMedica (NASDAQ: PXMD), a biopharmaceutical company focused on advancing treatments for neurological disorders, is spotlighted in a recent H.C. Wainwright & Co. research report. The report “is initiating coverage on PaxMedica, an emerging firm developing novel formulations of suramin for treatment of neurological disorders with intractable symptoms,” which is “attacking autism with a novel approach.” The report noted that PaxMedica was the first company to design and execute a controlled clinical study based on the agency’s inputs, with top-line data based on retrospective analysis of medical records being presented in November 2023 that “showed PAX-101 (intravenous suramin) clinical meaningfulness in…

Continue Reading

MondayDec 04, 2023 2:43 pm

NetworkNewsBreaks – HUB Cyber Security Ltd. (NASDAQ: HUBC) Announces Strategic Leadership Transition

HUB Cyber Security (NASDAQ: HUBC), a developer of confidential computing cybersecurity solutions and services, today announced significant changes to its executive leadership team, marking a strategic shift to propel the company’s business and target shareholder value. According to the announcement, HUB’s board unanimously appointed Noah Hershcoviz as the new chief executive officer, effective immediately. Currently serving as HUB’s chief strategy officer and a member of its board of directors, Hershcoviz’s deep understanding of the company’s vision and his strategic acumen position him as an exceptional candidate to lead HUB Security into its next growth phase. “Many of our general public…

Continue Reading

MondayDec 04, 2023 2:36 pm

NetworkNewsBreaks — SenesTech Inc.’s (NASDAQ: SNES) ContraPest(R) Products Registered for Use in Puerto Rico

SenesTech (NASDAQ: SNES), the leader in fertility control to manage animal pest populations, today announced that its ContraPest(R) products have been registered for sale and immediate use in Puerto Rico. The first and only EPA-registered rat contraceptive impacting both male and female rats, ContraPest fits seamlessly into all integrated pest management programs, significantly improving the overall goal of effective pest management. “Puerto Rico, as an island nation, is ideally positioned to benefit from ContraPest’s unique fertility control features. Similar to many other islands, rats in Puerto Rico have posed a huge problem for society, whether it be food contamination or…

Continue Reading

MondayDec 04, 2023 2:00 pm

NetworkNewsBreaks – Safety Shot (NASDAQ: SHOT) Announces Sellout of Product ‘Almost Immediately’ After Being Released on Amazon.com

Safety Shot (NASDAQ: SHOT), a wellness and functional beverage company, announced that its flagship product, Safety Shot, sold out within hours after being released on Amazon.com. The scientifically formulated beverage is the first patented beverage that helps consumers feel better faster by reducing blood alcohol content and boosting clarity. The announcement noted that the product was released on Amazon on Nov. 30, 2023, and without any introduction or announcement, Safety Shot sold out almost immediately. Amazon is the first direct-to-consumer platform to carry Safety Shot, which can also be purchased from the company’s website; the company also anticipates the product…

Continue Reading

MondayDec 04, 2023 1:41 pm

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Strategic Engagement of Basile Law Firm P.C.

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that it has hired Mark R. Basile, Esq. and his law firm, The Basile Law Firm P.C., to assist the company in reviewing its current fundings and to make recommendations in developing its floorplan for future fundings. “Mullen is committed to full transparency to the public markets. We are making this announcement in an effort to notify our shareholders that we fully intend to take any and all measures necessary to continue our sustainable growth as we move ahead with previously announced strategic initiatives,” said David Michery, CEO…

Continue Reading