Breaks Categories: News

MondayFeb 12, 2024 10:57 am

NetworkNewsBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Closes on Nonbrokered Private Placement

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a Canadian-based, growth-stage company committed to providing commercially viable and sustainable, cradle-to-cradle, clean-energy solutions, has closed on the final tranche of its nonbrokered private placement. As part of the transaction, the company issued 9,961,909 units at $0.055 per unit, with a unit comprising one common share and one common share purchase warrant; the warrant allows holders to purchase an additional common share at $0.07 until Feb. 9, 2029. Gross proceeds for the placement totaled $547,905. “When combined with the first tranche of the offering, the company has raised gross proceeds of $1,897,905 through the issuance…

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MondayFeb 12, 2024 8:30 am

NetworkNewsBreaks – Tonix Pharmaceuticals Holding Corp. (NASDAQ: TNXP) Receives FDA IND Approval for Phase 2 OASIS Trial of TNX-102 SL in Acute Trauma Patients

Tonix Pharmaceuticals Holding (NASDAQ: TNXP), a biopharmaceutical company with marketed products and a pipeline of development candidates, today announced that it has received approval from the U.S. Food and Drug Administration (“FDA”) for the Investigational New Drug (“IND”) application for the investigator-initiated OASIS trial. The OASIS trial is a Phase 2 trial to evaluate TNX-102 SL in reducing the severity of acute stress reaction (“ASR”) and the frequency of acute stress disorder (“ASD”) and posttraumatic stress disorder (“PTSD”). The trial will enroll approximately 180 acute trauma patients following motor vehicle collisions. It is sponsored by The University of North Carolina…

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FridayFeb 09, 2024 3:07 pm

NetworkNewsBreaks — Immix Biopharma Inc. (NASDAQ: IMMX) Closes on $15M Public Offering

Immix Biopharma (NASDAQ: IMMX), a clinical-stage biopharmaceutical company pioneering personalized therapies for oncology and immunology, has closed on its previously announced underwritten public offering. The offering consisted of 5,535,055 shares of IMMX common stock, with each share sold at $2.71 per share. Gross proceeds from the offering to ImmixBio are projected to be an estimated $15 million, before standard deductions and expenses. According to the announcement, ImmixBio plans to use funds from the offering for its NXC-201 clinical trials as well as working capital and general corporate purposes. Titan Partners Group, a division of American Capital Partners, acted as sole…

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FridayFeb 09, 2024 1:49 pm

NetworkNewsBreaks – Sustain Southern California Prepares to Host This Month’s Sustainable Agriculture and Food Systems Event

Sustain Southern California (Sustain SoCal), a nonprofit organization, has announced its upcoming Innovating toward Sustainable Agriculture and Food Systems event. The conference is slated for Feb. 20, 2024, in Irvine, California, and is designed to present years of sustainability experience and gather renowned experts in the innovative agriculture space. Event speakers include A. G. Kawamura, a founding member of Orange County Produce LLC.; Jacob Raykhelson, senior manager of environmental sustainability at the Walt Disney Company; Darren Haver, director of UC ANR Research and Extension Center System; Adrian Hightower, PhD, PE, ENV-SP, sustainability and resilience manager at the Metropolitan Water District of Southern California;…

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FridayFeb 09, 2024 1:43 pm

NetworkNewsBreaks — Perfect Moment Ltd. (NYSE American: PMNT) Shares Pricing on Expected $8M Initial Public Offering

Perfect Moment (NYSE American: PMNT), a luxury lifestyle brand that combines fashion and technical performance for its ranges of skiwear, outerwear, swimwear and activewear, announced the pricing of its initial public offering. The offering, which is expected to close on Feb. 12, 2024, is comprised of 1,334,000 shares of common stock at $6 per share; gross proceeds of the offering are projected to reach an estimated $8 million, before deductions. The company noted that it has also granted the underwriters a 45-day option to purchase an additional 200,100 shares of common stock to cover any overallotments. Shares are expected to…

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FridayFeb 09, 2024 1:29 pm

NetworkNewsBreaks – InMed Pharmaceuticals Inc. (NASDAQ: INM) Names New Chief Financial Officer

InMed Pharmaceuticals (NASDAQ: INM), a leader in the manufacturing, development and commercialization of rare cannabinoids and proprietary cannabinoid analogs, has announced the appointment of Netta Jagpal, CPA, CA, as the newest member of its executive team; Jagpal will serve as the company chief financial officer and corporate secretary, effective Feb. 20, 2024. Jagpal has garnered more than two decades of experience in financial leadership roles, primarily in the biotech industry. Most recently, she was vice president of Financial Reporting & Compliance for D-Wave Systems Inc. (NYSE: QBTS), where she was a key player in the company’s initial public offering process;…

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FridayFeb 09, 2024 12:48 pm

NetworkNewsBreaks — Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Names New Member of Critical Minerals Advisory Committee

Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) (FSE: A0I0), a publicly traded Canadian company in the rare earth element and uranium sectors, has appointed industry veteran Constantine Karayannopoulos, BASc, MASc, PEng, to its Critical Minerals Advisory Committee; other members of the committee include renowned rare earths experts Jack Lifton and Don Hains. The company noted that Karayannopoulos has three decades of invaluable experience in rare earth elements (“REE”) and critical minerals along with a profound understanding of REE and critical minerals that was garnered in part during his service as president and CEO of Neo Performance Materials Inc. (TSE:…

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FridayFeb 09, 2024 12:38 pm

NetworkNewsBreaks – Reunion Gold Corporation (TSX.V: RGD) (OTCQX: RGDFF) Reports on Additional Drill Results from Guyana-Based Oko West Project

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF), a leading gold explorer in the Guiana Shield, has announced additional drill results from its Oko West project, located in Guyana. The results include drilling from the company’s resource expansion drill program below Block 4 as well as continued infill drilling within areas of Inferred resources that are outlined in the June 2023 pit constrained mineral resource estimate (“MRE”). According to the announcement, results from the resource expansion program confirm the existence of high-grade mineralization within block 4 of the Kairuni zone, to depths of more than 1,000 meters down dip. Results from the…

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FridayFeb 09, 2024 12:16 pm

NetworkNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) and Zapata AI Partner to Usher in the Commercial Era of Quantum Machine Learning

D-Wave (NYSE: QBTS) is a leader in quantum computing systems, software and services and the world’s first commercial supplier of quantum computers. The company announced that it has entered a multi-year strategic partnership with Zapata Computing, Inc. (operating as “Zapata AI”), the industrial generative AI software company that develops solutions and applications to solve enterprises’ difficult, industrial-scale problems. Under the partnership, the companies will develop and bring to market commercial applications that combine the power of generative AI and quantum computing technologies. “Our agreement with Zapata AI marks a significant step toward realizing the potential of combining two of today’s most…

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ThursdayFeb 08, 2024 3:25 pm

NetworkNewsBreaks – NileBuilt, Corp. Unveils First Generation of Non-Combustible, Net Zero Homes

NileBuilt today announced that it is introducing its non-combustible, net zero, high wind event resistant, and sustainable building technology to the Southern California marketplace. All NileBuilt homes are constructed with a patented, high performance cementitious fiber reinforced composite building system. Additionally, NileBuilt’s sustainable technology features a reduced concrete carbon footprint of up to 65%. “The need for resilient and sustainable housing is a priority for us,” said Scott Long, NileBuilt’s CEO/CTO and co-founder. “Our mission is to lead the industry in providing the latest technology in affordable, sustainable and safe NileBuilt homes for everyone.” To view the full press release,…

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