Breaks Categories: News

TuesdaySep 27, 2022 11:39 am

NetworkNewsBreaks – Silo Pharma Inc. (NASDAQ: SILO) Announces Uplisting to Nasdaq Capital Market, Pricing of $5M Public Offering

Silo Pharma (NASDAQ: SILO) (formerly OTCQB: SILO), a developmental stage biopharmaceutical company focused on merging traditional therapeutics with psychedelic research, today announced pricing of an underwritten public offering of 1,000,000 shares of its common stock at a price to the public of $5.00 per share. Silo Pharma expects $5,000,000 in gross proceeds from the offering and intends to use the net proceeds for product development, marketing, working capital and general corporate purposes. In addition, a portion of the proceeds may also be used for acquisitions of complementary businesses, technologies or other assets. As a result of the offering, the company’s…

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TuesdaySep 27, 2022 11:30 am

NetworkNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Notes Update on Payment Schedule for Iska Iska Silver-Tin Polymetallic Project

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM), an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec, is reporting that the payment schedule for the company to purchase 99% interest in the Iska Iska Silver-Tin Polymetallic project has been amended. Eloro has an agreement with Empresa Minera Villegas S.R.L., which holds the title to the silver-tine polymetallic project that is located in southern Bolivia, to pay $10 million for the 99% interest. According to the announcement, Eloro’s Bolivian subsidiary, Minera Tupiza S.R.L., has paid $3.4 million thus far; the amended…

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TuesdaySep 27, 2022 11:13 am

NetworkNewsBreaks – Hero Technologies Inc. (HENC) Moves to Purchase Property for Michigan-Based Cannabis Operations

Hero Technologies (OTCQB: HENC), a cannabis company focused on a “seed-to-sale” vertical integration strategy, today announced that it has finalized a real estate purchase agreement for a 10-acre property in Vassar, Michigan. The company plans to use the property, which is zoned for cannabis use, as its base of operations in the state, including indoor and outdoor growing, processing, wholesaling, and selling directly to consumers. “We are delighted to report this important milestone in our company's history,” said Hero Technologies’ CEO Gina Serkasevich. “Michigan is a key market for us, with legal cannabis sales expected to increase as much as…

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TuesdaySep 27, 2022 10:56 am

NetworkNewsBreaks – EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQB: EVGIF) Marks New Key Milestone Underpinning Expansion at Fraser Valley Biogas

EverGen (TSX.V: EVGN) (OTCQB: EVGIF) today announced that its wholly owned subsidiary Fraser Valley Biogas Ltd. (“FVB”) has signed a term sheet for a long term offtake agreement. The proposed agreement is expected to cover the purchase of up to 190,000 gigajoules of RNG annually from FVB, which accounts for existing and incremental RNG volumes expected from the facility post-completion of this Core RNG expansion project. According to the announcement, the agreement would replace the existing RNG offtake agreement, which is approaching the end of the original term in an environment where current market pricing is significantly stronger than when…

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TuesdaySep 27, 2022 10:46 am

NetworkNewsBreaks – AnPac Bio-Medical Science Co. Ltd. (NASDAQ: ANPC), New Investor Group Sign $3.67M Equity Investment Agreements

AnPac Bio-Medical Science (NASDAQ: ANPC), a biotechnology company with operations in the United States and China focused on early cancer screening and detection, has entered into legally binding investment agreements with nine institutional and individual investors; the agreements outline an investment in the company of approximately $3.67 million. According to the announcement, the various shares purchase agreements outline plans for a private offering of $3.67 million earmarked to purchase 36.7 million of the company’s Class A shares; the company anticipates that the investment will be complete this month. “This equity investment is important to the company’s operations as well as research and…

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TuesdaySep 27, 2022 10:32 am

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Releases New Info about Upcoming Mullen Five RS

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is reporting new information about its upcoming, range-topping new model: the Five RS. Mullen announced the new vehicle late last year, calling it an “ultra-high performance EV” and reporting that it will feature an 800-volt architecture, all-wheel drive and a claimed output in excess of 1,000 hp (746 kW/1,014 PS). Noting that there are “risks and uncertainties” about its claims, the company anticipates that the crossover should be able to accelerate from 0 to 60 mph in under two seconds, reaching top speeds of approximately 200 mph. The new information…

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TuesdaySep 27, 2022 10:24 am

NetworkNewsBreaks – Gratomic Inc. (TSX.V: GRAT) (OTCQX: CBULF) (FRA: CB82) Adds Four Prospecting Licenses to Capim Grosso Project

Gratomic (TSX.V: GRAT) (OTCQX: CBULF) (FRA: CB82) has been granted four additional prospecting licenses (“PLs”) for graphite exploration by Brazil's National Mining Agency (“ANM”). The licenses were granted for an area near CBULF’s current Capim Grosso Graphite project and will enable the company to grow Capim Grosso from a local project to a project of district scale. According to the new announcement, the area that is covered by the new licenses is 6,312 hectares. Noting that the regional geology includes Archean and Paleoproterozoic rocks belonging to the Itabuna-Salvador-Curaçá Orogen (“OISC”), the company is looking forward to starting exploration programs on…

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MondaySep 26, 2022 1:10 pm

NetworkNewsBreaks – GreenBox POS (NASDAQ: GBOX) Shareholders Voting on New Brand: RYVYL

GreenBox (NASDAQ: GBOX), a rapidly growing financial technology company leveraging unique blockchain security and token technology to deliver customized blockchain-driven solutions, is rebranding the company as RYVYL; the company is asking shareholders to confirm the move ahead of the company’s annual meeting, which is scheduled for Oct. 6, 2022; shareholder vote results will be reported after the meeting. According to the announcement, the new name and overhauled look is more accurately communicating the company’s exclusive end-to-end suite of payment and financial service products for both businesses and consumers as well as bringing world-class branding to the fintech space. GreenBox POS…

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MondaySep 26, 2022 12:48 pm

NetworkNewsBreaks – Gratomic Inc. (TSX.V: GRAT) (OTCQX: CBULF) (FSE: CB82) Highlights Noteworthy Progress in Updated Corporate Presentation

Gratomic (TSX.V: GRAT) (OTCQX: CBULF) (FSE: CB82), a multinational company focused on becoming a leading global graphite supplier, today announced an updated corporate presentation. According to the update, the presentation highlights the noteworthy progress Gratomic has made in the last year and serves to update investors with the most current information available for its original (Aukam and Buckingham) and new (Capim Grosso, Jacobina and Igrapiuna) projects. The presentation features updated information on the company’s Aukam processing plant and its Capim Grosso project along with a technical appendix, which includes details about Aukam, Capim Grosso, Jacobina, Igrapiuna and Buckingham. Reflecting the…

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MondaySep 26, 2022 11:39 am

NetworkNewsBreaks – INGOT Brokers (Australia) Pty Ltd. Marks 10 Years Making Each ‘Client’s Trading Journey Convenient and Safe’

A decade ago, INGOT Brokers took a step toward becoming today one of the game changers in its field by obtaining the Australian Financial Services (“AFS”) license issued by the Australian Securities and Investments Commission (“ASIC”) and opening its office in Sydney. This month, the company celebrates its 10th anniversary in Australia. INGOT Brokers’ Director, Hossam Abdelaziz, expressed “gratitude for the great things INGOT Brokers has achieved, and excitement for what the future holds,” further adding that “we strove to obtain the (‘ASIC’) license because it fosters a fair, integrous and transparent environment for investors, which also aligns with our…

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