Breaks Categories: News

ThursdayJun 22, 2023 3:58 pm

NetworkNewsBreaks – Astra Energy Inc. (ASRE) Announces MOU to Develop 350-MW Power Plant in Mainland Tanzania

Astra Energy (OTCQB: ASRE) has announced that its subsidiary Astra Energy Tanzania Limited has executed a memorandum of understanding (“MOU”) with the Tanzania Electric Supply Company (“TANESCO”) to develop a 350-megawatt (“MW”) combined cycle power plant in mainland Tanzania. As with the previously announced 50 MW Clean and Renewable Energy Park Project at Kibele Landfill in Zanzibar, Astra intends to own and operate the 350 MW project as an independent power producer, selling the power to TANESCO. The combined projects have the potential to generate significant recurring revenues for the company, with a potential projected gross revenue stream of an…

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ThursdayJun 22, 2023 3:52 pm

NetworkNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) to be Showcased at Upcoming Tesla Event

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots and blue light emergency communication systems, has announced that its Robot Roadshow will be landing in San Luis Obispo, California, at Tesla Takeover 2023. The announcement reads, “Tesla Takeover is July 29-30, 2023, at the Fields at Madonna Inn located at 100 Madonna Road in San Luis Obispo and is open from 10:00 a.m. to 4:00 p.m. Pacific Time. The third annual Tesla Takeover – the largest Tesla owners’ event in North America – brings together Tesla owners, EV enthusiasts and industry experts to celebrate the future. The keynote speaker…

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ThursdayJun 22, 2023 2:36 pm

NetworkNewsBreaks – CISO Global Inc. (NASDAQ: CISO) Reshaping the Concept of Cybersecurity

CISO Global Inc. (NASDAQ: CISO), an industry leading cybersecurity and compliance provider, understands that, to win the cyber war, a combination of talented experts and the latest technology must be deployed effectively. This is the culture and value proposition that CISO Global brings to its customers. The company offers a combination of security and compliance experts with the highest levels of technical skills with state-of-the-art proprietary technology and best of breed partnerships. “Cybersecurity is a Culture, not a Product” is the trademark of CISO Global. This describes the new mentality that companies like CISO Global are pioneering in protecting against…

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ThursdayJun 22, 2023 2:03 pm

NetworkNewsBreaks – Canada Nickel Company Inc.’s (TSX.V: CNC) (OTCQX: CNIKF) Texmont Project ‘Continues to Deliver Excellent Results’

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF) today announced the initial results from preliminary metallurgical test work on the first set of samples from the Texmont Nickel Sulphide Project, which demonstrates a range of grades could be processed using a simple flowsheet and recoveries that meet or exceed historical results. “Texmont continues to deliver excellent results, with initial metallurgy yielding nickel and cobalt recoveries and concentrate grades exceeding our expectations,” said the company’s CEO Mark Selby. “Further, these results were achieved with a simple flowsheet, which will maximize potential opportunities to toll mill our initial production. I look forward to the…

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ThursdayJun 22, 2023 1:25 pm

NetworkNewsBreaks – Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Announces Third Deadline Date Extension to Complete Initial Business Combination

Fintech Ecosystem Development Corp. (NASDAQ: FEXD) today announced that its board of directors has decided to extend the date by which the company must consummate an initial business combination (the “deadline date”) from June 21, 2023, for an additional month, to July 21, 2023. The company’s sponsor, Revofast LLC, deposited $110,000 into the company’s trust account in connection with this extension, the third of twelve potential one-month extensions of the deadline date available to the company. According to the update, the company’s amended and restated certificate of incorporation, as amended (the “charter”), provides the company with the right to extend…

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ThursdayJun 22, 2023 11:47 am

NetworkNewsBreaks – InMed Pharmaceuticals Inc.’s (NASDAQ: INM) 755-201-EB Trial Demonstrates Clinically Important Results

InMed Pharmaceuticals (NASDAQ: INM), a leader in the pharmaceutical research, development, manufacturing and commercialization of rare cannabinoids and cannabinoid analogs, today announced safety and efficacy results from its phase 2 clinical trial. The purpose of the trial, called “755-201-EB,” was to evaluate the safety of INM-755 CBN cream, which consists of the control cream plus the active pharmaceutical ingredient CBN, and obtain preliminary evidence of efficacy in treating symptoms and healing wounds over a 28-day period in patients with epidermolysis bullosa (“EB”). According to the announcement, of the 18 participants assessed, chronic itch improved by a clinically meaningful amount in…

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ThursdayJun 22, 2023 11:08 am

NetworkNewsBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Closes First $3.5M Tranche of Non-Brokered Private Placement

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a leading green ammonia company, yesterday announced its completion of the first tranche of its $7,500,000 non-brokered private placement, issuing 53,870,699 units, each at a price of $0.065, for gross proceeds of $3,501,595. “We are extremely pleased with closing the first $3,500,000 tranche of our active $7,500,000 financing,” said Ian Clifford, CEO and board chair of FuelPositive. “We are grateful to our existing shareholders for their ongoing support and welcome many new strategic investors who share FuelPositive’s values and goals. This is an important financial milestone that provides the necessary runway to reach several major…

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ThursdayJun 22, 2023 10:51 am

NetworkNewsBreaks – Clene Inc. (NASDAQ: CLNN) Announces $40M Public Offering

Clene (NASDAQ: CLNN), along with its subsidiaries “Clene” and its wholly owned subsidiary Clene Nanomedicine Inc., a clinical-stage biopharmaceutical company focused on revolutionizing the treatment of neurodegenerative disease, recently announced the pricing of an underwritten public offering. The offering consists of 50,000,000 shares of its common stock and two tranches of warrants (each warrant to purchase one share of common stock) at a combined public offering price of $0.80 for each share of common stock and accompanying warrant. From the expected $40 million in gross proceeds from the offering, Clene intends to use the net proceeds, together with its existing…

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WednesdayJun 21, 2023 3:37 pm

NetworkNewsBreaks – SPAC Conference 2023 to Bring Together the Industry’s Top Thought Leaders

DealFlow Financial Products Inc. ("DealFlow Events"), a leading events organizer since 2003 with a focus on in-person and virtual formats covering a wide array of business and investment topics, has announced the SPAC Conference 2023, the largest forum for networking and discussion of special purpose acquisition companies and alternative IPO techniques. The event will be held at the prestigious Westchester Country Club in Rye, New York, from June 28 - 29, 2023. Leading brokerages, law firms, seasoned institutional investors, investment bankers, fund managers, hedge funds and SPAC investors, well-connected investor relations professionals, private equity representatives, SPAC targets, deal advisors, and…

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WednesdayJun 21, 2023 3:10 pm

NetworkNewsBreaks – Correlate Infrastructure Partners Inc. (CIPI) Raises $2.5M in New Funding, Expands Team to Add Seasoned Professionals

Correlate Infrastructure Partners (OTCQB: CIPI), a growth-oriented distributed energy company, today announced that it has raised over $2.5 million in new funding from investors in fiscal year 2023 from a private placement of a secured convertible note offering. The company intends to use the net proceeds to ramp up its project fulfillment capabilities and for working capital purposes. In addition, Correlate announced the hiring of two seasoned professionals to its senior management team, enhancing the company's leadership capabilities and expertise. Roger Baum, an accomplished construction industry veteran, has joined Correlate as the EVP of Operations. Jed Freedlander, with a background…

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