Breaks Categories: News

FridayMar 24, 2023 2:42 pm

NetworkNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Announces Board-Approved Action to Regain Compliance with NASDAQ Market Requirements

Freight Technologies (NASDAQ: FRGT), a technology company offering its custom-developed Fr8App, has announced a reverse share split. The move is designed to increase the market price per share of the company’s ordinary share, thereby resulting in Freight Technologies regaining compliance with NASDAQ’s minimum bid price requirement and maintaining its NASDAQ Capital Market listing. FRGT board of directors approved the 10:1 reverse split on March 3, 2023; the split will be effective on or around March 24, 2023. According to the announcement, the company’s ordinary shares will continue to trade on NASDAQ under the symbol FRGT but will trade under a new…

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FridayMar 24, 2023 10:45 am

NetworkNewsBreaks – Lelantos Holdings Inc. (LNTO) Concludes 1st Phase to Enter into Shipping and Logistics Business

Lelantos Holdings (OTC: LNTO), formerly ProConcept Marketing Group Inc., today announced that it has executed a formal asset purchase agreement to acquire 15 semitrucks with a current operational business model. According to the update, the initial acquisition will conclude the first phase of the company’s four-step approach to entering into the shipping and logistics business. “We are excited to add additional assets to our company, propel past the shell status and provide value to both the company and shareholders,” said Lelantos Holdings CEO Nathan Puente. “This, along with the acquisition of Lelantos Energy and the many projects under development, will…

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ThursdayMar 23, 2023 3:04 pm

NetworkNewsBreaks – Canada Nickel Company Inc.’s (TSX.V: CNC) (OTCQX: CNIKF) CEO Discusses Milestones in Proactive Interview

Canada Nickel’s (TSX.V: CNC) (OTCQX: CNIKF) chair and CEO Mark Selby recently joined Proactive’s Natalie Stoberman to discuss the company’s latest milestones at its Anglo American, Texmont and Reid Nickel projects. The announcement reads, “Canada Nickel Company is advancing the next generation of nickel-sulphide projects to deliver nickel required to feed the high-growth electric vehicle and stainless steel markets. The company has applied in multiple jurisdictions to trademark the terms NetZero Nickel, NetZero Cobalt and NetZero Iron and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt and iron products.” To view the…

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ThursdayMar 23, 2023 1:45 pm

NetworkNewsBreaks – ECGI Holdings Inc. (ECGI) Inks Binding LOI to Acquire 8bit Cannabis Brand

ECGI Holdings (OTC: ECGI), D/B/A Elite Cannabis Group Incorporated, a Nevada -based portfolio company pivoting into the legal cannabis and cannabinoid marketplace, has signed a binding letter of intent regarding the acquisition of key personnel, intellectual property, business operations and future business operations of Endless Consciousness Inc. ("EC"). A California corporation involved in the legal cannabis-product marketplace, EC recently launched a new brand, 8bit, which has experienced a rapidly expanding distribution footprint this year, with supplier relationships now reaching 20 dispensaries. Earlier this month, ECGI announced plans to acquire EC; the announcement observed that EC has serviced more than 250 stores and…

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ThursdayMar 23, 2023 1:32 pm

NetworkNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Receives Order from Florida University, Notes Media Day Spotlighting OCCC’s New Robot

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots and blue light emergency communication systems, has received an order for three of its K1 Blue Light Emergency Phones from a southern Florida university. The order was placed through Transportation Solutions & Lighting, a Florida-based reseller of Knightscope technologies that previously ordered 40 K1 Blue Light Towers in order to supply growing demand for emergency communications solutions. A compact version of the familiar blue-light towers often found in parking lots and campuses across the United States, KSCP’s K1 Blue Light Emergency Phone offering is a perfect way to provide added…

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ThursdayMar 23, 2023 12:16 pm

NetworkNewsBreaks – Modulex Modular Buildings Plc Featured in Bell2Bell Podcast

Modulex Modular Buildings, a leading ConstrucTech company harnessing emerging technologies like AI, blockchain and IoT to efficiently meet burgeoning housing and infrastructure needs, was featured in the Bell2Bell Podcast, a part of IBN’s sustained effort to provide specialized content distribution via widespread syndication channels. PHP Ventures Acquisitions Corp. (NASDAQ: PPHPU, PPHP, PPHPR, PPHPW), a special purpose acquisition company, entered into a definitive business combination agreement pursuant to which it would merge with and into Modulex Modular Buildings Plc (the “target”) and Modulex Merger Sub, wholly owned subsidiary of the target. Upon closing of the business combination, expected in the second…

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ThursdayMar 23, 2023 12:01 pm

NetworkNewsBreaks – Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) Issues Shareholder Update

Hillcrest (CSE: HEAT) (OTCQB: HLRTF), a clean technology company developing transformative power conversion technologies and control system solutions for next-generation electrical systems, today provided an update on current activities. Among the highlights, the company reported acceleration of the demonstration of Hillcrest’s 250-kilowatt (“kW”), 800-volt (“V”) silicon carbide (“SiC”) traction inverter prototype, a joint development project with a global tier 1 automotive supplier, a memorandum of understanding with Hercules Electric Mobility Inc., and the company’s close work with other automotive OEMs and tier 1 suppliers on the delivery of key demonstration milestones in the coming months. “We are making meaningful progress…

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ThursdayMar 23, 2023 11:51 am

NetworkNewsBreaks — Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) CEO Reports on Commissioning Process During Proactive Interview

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a company focused on rare- and critical-metal resources, extraction, beneficiation and separation technologies with the potential for production, growth and scalability, is reporting on the commissioning of its demonstration plant in Kingston, Ontario. Ucore Rare Metals CEO Pat Ryan was a featured guest on a recent Proactive episode. Hosted by Steve Darling, Proactive offerings provide a unique tech-enabled platform empowering companies globally with a comprehensive investor engagement solution across their business lifecycle. During the interview, Ryan discussed the commissioning of the plant, which has been designed to provide the advantages of its RapidSX…

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ThursdayMar 23, 2023 10:57 am

NetworkNewsBreaks – Nextech3D.ai’s (CSE: NTAR) (OTCQX: NEXCF) (FSE: EP2) Toggle3D Achieves +963% Jump in Users

Nextech3D.AI (CSE: NTAR) (OTCQX: NEXCF) (FSE: EP2) (formally Nextech AR Solutions Corp.) is a generative AI-powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers. The company today announced that Toggle3D.ai (its AI-powered SaaS CAD to 3D design platform) has crossed over 1,000 users. Toggle3D.ai, using CAD files, enables the conversion, texturing, customizing and sharing of the highest quality 3D models at scale. “We are thrilled to see that Toggle3D has surpassed over 1,000 sign-ups with 30% weekly growth and 963% growth in the past 60-days, while still in BETA! This is a testament to the hard…

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WednesdayMar 22, 2023 1:21 pm

NetworkNewsBreaks — Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Appoints New Members of Management Team

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) has announced changes to its executive and management team as a key component to the transition to its production model. The company named rare earth industry veteran Geoff Atkins as vice president of business development; former Innovation Metals Corp. RapidSX(TM) platform design manager Jaan Hurditch, CEng, as engineering director; and entrepreneur, scientist and government relations expert Dr. Ahmad Hussein as government liaison and a member of the Advisory Board. These appointments come as Ucore is focused on the deployment of its RapidSX technology platform for the separation of heavy and light rare earth…

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