Breaks Categories: News

TuesdayDec 20, 2022 11:14 am

NetworkNewsBreaks – Cybin Inc. (NYSE American: CYBN) (NEO: CYBN) CEO Highlights 2022 as ‘Momentous Year’

Cybin (NYSE American: CYBN) (NEO: CYBN), a biopharmaceutical company focused on progressing Psychedelics to Therapeutics(R), today issued a year-end summary of its key milestone accomplishments in 2022. “2022 was a momentous year marked by steady progress across our pipeline of differentiated psychedelic-based therapeutics and partnerships targeting mental health. Most notable were the advancements of our two lead programs, CYB003 and CYB004, into clinical stage – within less than 18 months since discovery – which is a remarkable accomplishment and a true testament to the strength of our team,” said Cybin’s Chief Executive Officer Doug Drysdale. “Along with our clinical programs,…

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MondayDec 19, 2022 3:15 pm

NetworkNewsBreaks – Cerberus Cyber Sentinel Corporation (NASDAQ: CISO) Poised with Solutions as Costs for Cybercrime Expected to Hit $10.5T by 2025

Cerberus Sentinel (NASDAQ: CISO) is an industry leader as a managed cybersecurity and compliance provider based in Scottsdale, Arizona. This positions the company in a rapidly growing sector, with Cybersecurity Ventures projecting that cybercrime damages will cost the world a whopping $8 trillion in 2023 in an expected upward trend. “We predict that global cybercrime damage costs will grow by 15% per year over the next three years, reaching $10.5 trillion USD annually by 2025, up from $3 trillion USD in 2015,” reads a recent article published by Cybersecurity Ventures. “The 2022 Official Cybercrime Report published by Cybersecurity Ventures and…

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MondayDec 19, 2022 12:41 pm

NetworkNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Announces Near Surface, High Grade Results at ‘Stock Mill’s Doorstep’

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today reported the latest exploration news from its Stock property. In the announcement, the company highlighted four priority areas that illustrate the potential to expand the gold resource base around the historic Stock mine. “We find the occurrence of near surface high grade at our Stock Mill’s doorstep very intriguing,” said EVP of Exploration Stephen McGibbon. “These initial results have mineable grades and widths, which are encouraging from an economic perspective as they compare favorably to the Stock mine’s historic grade of 5.5 g/t Au.” To view the full press release, visit https://nnw.fm/RRNkg…

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MondayDec 19, 2022 12:23 pm

NetworkNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Announced Acquisition Deal, Releases Update on Texmont Drill Program

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF) has inked a deal to acquire a 100% interest in the Texmont property, which is located between the company’s Deloro and Sothman properties, south of Timmins, Ontario. The planned acquisition will provide potential for near-term, open-pit production from near-surface, high-grade mineralization at Texmont, as well as high-grade regional potential, which has already been demonstrated at Texmont, Sothman and Bannockburn. In addition, the company released an update with logging information from the first four holes in its ongoing drill program at Texmont. While noting that true widths are unknown at this point, the report indicated that the…

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MondayDec 19, 2022 12:16 pm

NetworkNewsBreaks – Jupiter Wellness Inc. (NASDAQ: JUPW) Announces Planned Spinoff of SRM Entertainment Inc.

Jupiter Wellness (NASDAQ: JUPW), a company focused on hair, skin and sexual wellness, today announced that SRM Entertainment has filed a registration statement with the Securities and Exchange Commission to separate the company. Upon completion of the spinoff, SRM and Jupiter Wellness will operate as two independent and separate public companies, with Jupiter Wellness expected to remain the majority shareholder of SRM. “SRM is a nuts-and-bolts business; the more capital we have to turn, the faster we will grow,” said SRM CEO Richard Miller. “This IPO of SRM to the NASDAQ will provide us with the capital to continue our…

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MondayDec 19, 2022 10:19 am

NetworkNewsBreaks – SideChannel Inc. (SDCH) CEO Pens Insightful Article on Importance of Micro-Segmentation in Quest for Zero Trust

SideChannel Inc. (OTCQB: SDCH) CEO Brian Haugli authored an article for the Cyber Defense magazine. The piece, titled “Micro-Segmentation: Where Does It Fit into Zero Trust?”, discusses a zero trust, a recent buzzword that is a concept not a technology, Haugli explained. He also notes that zero trust is not micro-segmentation, and he cautions companies not to be misled by vendors that tout that an implementation of a micro-segmentation solution equates to having a zero trust environment. Zero trust, says Haugli, “is a strategic initiative to create least privilege across all aspects of an organization. It requires the three elements of…

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FridayDec 16, 2022 12:41 pm

NetworkNewsBreaks – Lelantos Holdings Inc. (LNTO) Issues Update on Official Merger, Acquisition of Lelantos Energy

Lelantos Holdings (OTC: LNTO), formerly ProConcept Marketing Group Inc., has announced an update in regard to finalizing its merger, which is intended to fully complete the process of establishing Lelantos Holdings as a public entity on the OTC Market. Previously approved by FINRA for its name change, symbol change and reverse split, the company currently trades under the symbol LNTO. On Nov. 14, 2022, Lelantos Holdings Inc., a Florida entity, filed the required Articles of Merger merging Lelantos Holdings Incorporated, a Nevada corporation, into the company with a requested effective date of Nov. 22, 2022. However, due to current processing…

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FridayDec 16, 2022 12:15 pm

NetworkNewsBreaks – BiondVax Pharmaceuticals Ltd. (NASDAQ: BVXV) Releases Pricing on Public Offering, Expects to Raise $8M

BiondVax Pharmaceuticals (NASDAQ: BVXV), a biotech company focused on developing, manufacturing and commercializing innovative immunotherapeutic products primarily for the treatment of infectious and autoimmune diseases, announced the pricing of its underwritten public offering. According to the announcement, the company anticipates gross proceeds from the offering, which consists of 1,600,000 units and prefunded units, to reach an estimated $8 million. The company specified that each unit consists of one American Depositary Share (“ADS”) and two warrants; one warrant will expire three years from the date of issuance with the second warrant set to expire one year from the date of issuance.…

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FridayDec 16, 2022 11:18 am

NetworkNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) to Contribute to Domestic Energy Security, Supply U308 to US Uranium Reserve

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S. producer of uranium and rare earth elements (“REE”), today announced that it has been awarded a contract to sell $18.5 million of natural uranium concentrates (“U3O8”) to the U.S. government for the establishment of a strategic “Uranium Reserve.” The U.S. National Nuclear Security Administration (“NNSA”), an office within the U.S. Department of Energy (“DOE”), is tasked with purchasing domestic U3O8 and conversion services for the Uranium Reserve, intended as a backup source of supply for domestic nuclear power plants in the event of a significant market disruption. “Energy Fuels is…

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FridayDec 16, 2022 10:24 am

NetworkNewsBreaks – InMed Pharmaceuticals Inc. (NASDAQ: INM) Shares Annual General Meeting Results

InMed Pharmaceuticals (NASDAQ: INM), a leader in the pharmaceutical research, development and manufacturing of rare cannabinoids and cannabinoid analogs, is reporting on the results of its 2022 annual meeting. The meeting of shareholders was held Dec. 15, 2022. During the meeting, shareholders considered and voted on all matters outlined in InMed’s notice of meeting and management information circular. Specifically, the election of directors was held, and shareholders approved the election of all director nominees to hold office until the next annual meeting of shareholders. Those directors included Eric Adams, Andrew Hull, Janet Grove, Bryan Baldasare, and Nicole Lemerond. To view…

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