Breaks Categories: News

MondaySep 11, 2023 12:25 pm

NetworkNewsBreaks – The Graystone Company Inc. (GYST) Completes Acquisition to Expand Footprint Within Mortgage Industry

The Graystone Company (OTC: GYST) today announced successful completion of its acquisition of Direct Capital, a leading mortgage banker and broker, through a reverse merger transaction. According to the announcement, the transaction was finalized on June 1, 2023, resulting in a significant change of control within the company. Direct Capital, through its subsidiary Direct Mortgage, has exhibited remarkable performance. In 2022, the company generated revenues totaling $6,324,163 and, during the same year, facilitated approximately 450 loans, securing approximately $152 million in funded mortgages. The acquisition of Direct Capital by The Graystone Company marks a significant step forward in its commitment…

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MondaySep 11, 2023 12:22 pm

NetworkNewsBreaks – First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF) to Begin Deer Horn Drill Program, Announces Private Placement Financing

First Tellurium (CSE: FTEL) (OTCQB: FSTTF) has scheduled its drill program in Deer Horn to begin later this month; the program will focus on the Pond zone copper-gold porphyry target. According to the announcement, the objective of the program will be to intersect disseminated mineralization and help locate the main mineral zone in the subsurface. Information obtained from the program will be combined with results from work conducted over the past two years to inform a larger drill program scheduled for 2024. The company will also be conducting an Induced Polarization (“IP”) geophysical survey this month, which will be following up on…

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MondaySep 11, 2023 11:25 am

NetworkNewsBreaks – Scinai Immunotherapeutics Ltd. (NASDAQ: SCNI) Announces Participation in H.C. Wainwright, LSX USA Congress 2023 and Upcoming Conferences

Scinai Immunotherapeutics (NASDAQ: SCNI), a biopharmaceutical company formerly known as BiondVax Pharmaceuticals Ltd., today announced that its CEO Amir Reichman and Chairman of the Board Mark Germain will be attending the H.C. Wainwright 25th Annual Global Investment Conference in New York today and tomorrow (Sept. 11 and 12) and the LSX USA Congress 2023 in Boston this Wednesday and Thursday (Sept. 13 and 14). Investors and potential business partners interested in meeting with Reichman and Germain are invited to contact Scinai investor relations at [email protected] to request a meeting. In addition, members of Scinai’s senior leadership team will be attending…

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MondaySep 11, 2023 11:08 am

NetworkNewsBreaks — SenesTech Inc. (NASDAQ: SNES) Announces Deployment of Flag Product at Waste-Water Treatment Facilities

SenesTech (NASDAQ: SNES), the rodent fertility control experts and inventors of ContraPest(R), the only EPA-registered contraceptive for male and female rats, is reporting that the product is being used at new vertical, waste-water treatment facilities in both Washington and California. According to the announcement, waste-water management presents a “unique challenge” when controlling rat infestations because poisons cannot be introduced into the water supply and ground-based stations may not be appropriate. The company noted that a local pest-control company is using both bait stations and Elevate(TM) at the Washington facility while above-ground Elevate stations are being used at the California facility. “Municipalities and government entities comprise a broad…

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MondaySep 11, 2023 10:52 am

NetworkNewsBreaks — Longeveron Inc. (NASDAQ: LGVN; LGVNR) CEO Releases Stockholder Letter

Longeveron (NASDAQ: LGVN; LGVNR), a clinical-stage biotechnology company developing cellular therapies for life-threatening and chronic aging-related conditions such as hypoplastic left heart syndrome (“HLHS”), Alzheimer’s disease and Aging-Related Frailty, has issued a letter to its stockholders. The letter, from CEO Wa’el Hashad, contains a business update regarding the company’s development of its lead investigational product, Lomecel-B(TM), as well as steps taken to strengthen the board and executive team along with details regarding the current rights offering. The letter noted that Longeveron is involved in ongoing trials of Lomecel-B, a living cell product made from specialized cells isolated from the bone…

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MondaySep 11, 2023 10:19 am

NetworkNewsBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Closes on Nonbrokered Private Placement, Announces Debt Conversion Details

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 a nonbrokered private placement among other financial announcements. The private placement was comprised of 6,741,000 units at $0.06 per unit, resulting in gross proceeds of $404,460 for the company. According to the announcement, each unit consisted of one common share of the company along with one common share purchase warrant allowing holders to purchase an additional common share at an exercise price of $0.09 until today. FuelPositive anticipates using the funds for further development of its demonstration systems for…

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MondaySep 11, 2023 10:07 am

NetworkNewsBreaks – Upstream Blog Defines Spinoff Share Distributions, Walks Shareholders Through Participation Process

Upstream, a MERJ Exchange market, a globally accessible trading app for securities and NFTs. Powered by blockchain technology, has announced a spinoff share distribution, and a recent Upstream blog discusses how investors can leverage that to their advantage. The blog noted that Upstream features the future of transparent, instant, peer-to -peer trading and is actively accepting dual listing applications from issuers around the world looking for access to a global, digital-first investor base that can trade Upstream securities with credit/debit card, PayPal, and USD along with USDC digital currency. The recent blog explains that a spinoff is when a parent…

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FridaySep 08, 2023 3:28 pm

NetworkNewsBreaks – SMX (Security Matters) PLC (NASDAQ: SMX) Submits SEC Filing Noting Completion of Securities Purchase Agreement

SMX (Security Matters) (NASDAQ: SMX), a company that integrates chemistry, physics and computer science to give materials memory and create a culture of transparency and trust across multiple industries, has completed a previously announced Securities Purchase Agreement. The company filed notification with the U.S. Securities and Exchange Commission that it has issued and sold to an institutional investor a promissory note with a fixed conversion price of $1.6378 along with warrants, resulting in gross proceeds for the company of an estimated $2.5 million, before standard deductions, fees and expenses. According to the filing, SMX anticipates using the funds from the…

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FridaySep 08, 2023 2:08 pm

NetworkNewsBreaks – Riley Exploration Permian Inc. (NASDAQ: REPX) Enters into ATM Agreement

Riley Exploration Permian (NASDAQ: REPX), an independent oil and natural gas company focused on steadily growing its reserves, production and cash flow, announced that it has entered into an Equity Distribution Agreement. According to the announcement, the company has inked agreements with Truist Securities Inc., Janney Montgomery Scott LLC and Roth Capital Partners LLC as sales agents. According to the agreement, the company may offer and sell shares of the company stock from time to time through the agents. The company may offer up to $50 million shares of stock, par value $0.001 per share. The company noted that the…

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FridaySep 08, 2023 12:10 pm

NetworkNewsBreaks – Lucy Scientific Discovery Inc. (NASDAQ: LSDI) Strengthening Position in Projected $51B Global Cannabis Market

Lucy Scientific Discovery (NASDAQ: LSDI) is featured in a recent FinancialNewsMedia (“FNM”) Editorial. The editorial provides an overview of LSDI’s position in a global cannabis market projected to hit $51 billion this year. According to the press release, the global cannabis market has seen consistent growth year after year, with increasing legalization of cannabis fueling that growth. The release notes that a recent Statista report forecast the global cannabis market to reach $51.27 billion in 2023 with revenue expected to show an annual growth rate (“CAGR”) of 14.95%. For the purposes of the report, the cannabis market was categorized into…

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