Breaks Categories: News

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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ThursdayDec 15, 2022 3:53 pm

NetworkNewsBreaks – MICT Inc. (NASDAQ: MICT) Regains Compliance with Nasdaq Listing Requirements

MICT (NASDAQ: MICT), which recently acquired the operating business and assets of Tingo (OTC: TMNA) (“Tingo Mobile Limited” or “Tingo Mobile”), announced that it has received a bid price compliance letter from the Nasdaq Stock Market LLC. The letter informs MICT that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) for continued listing on the Nasdaq. MICT was previously notified that it was not in compliance with the rule due to its common stock failing to meet the closing bid price of $1.00 or more for 30 consecutive business days. To regain compliance,…

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ThursdayDec 15, 2022 3:17 pm

NetworkNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Announces New ASR Deployment to One of Nation’s Largest Parking Service Providers

Knightscope (NASDAQ: KSCP), a developer of advanced physical monitoring technologies focused on enhancing U.S. facility operations, has partnered with ABM Industries Inc. (NYSE: ABM) to provide surveillance and security at an international airport parking facility. ABM is one of the nation’s largest parking service providers; the company has built a reputation as a leading provider of integrated facility services, parking and transportation management solutions, as well as electric vehicle (“EV”) charger installations. As part of the partnership, Knightscope is introducing innovative new automated monitoring measure and parking infrastructure improvements. According to the announcement, Knightscope Autonomous Security Robots (“ASRs”) will navigate and monitor…

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ThursdayDec 15, 2022 12:39 pm

NetworkNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announces New PO for 6,000 Class 1 EV Cargo Vans

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, received a purchase order for 6,000 Class 1 EV cargo vans; the order comes from Randy Marion Isuzu LLC, a member of the Randy Marion Automotive Group (“RMA”). According to the announcement, the order is valued at an estimated $200 million, and MULN anticipates starting delivery of the vehicles by Q1 2023. One of the largest and most respected commercial vehicle dealer groups in the United States, RMA was announced as Mullen’s first commercial dealer partner to offer sales, service and parts for Mullen Automotive’s commercial vehicle lineup. An RMA…

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ThursdayDec 15, 2022 11:06 am

NetworkNewsBreaks – GeoSolar Technologies Inc. to Showcase SmartGreen(TM) Home Solution in Dec. 15 Webinar

Fresh off of its recent appointment of Peter R. Romenesko to oversee its new SmartGreen(TM) Neighborhood Program, GeoSolar Technologies (“GST”) is further announcing a special webinar for residents of the Ancala and surrounding Scottsdale, Arizona, communities to learn more about its patent-pending SmartGreen(TM) Home technology. The webinar is slated to take place from 3 p.m. to 4 p.m. MT on Thursday, Dec. 15, 2022, and will feature a team of GST experts and scientists who helped develop the technology behind the SmartGreen™ Home. With passage of the historic $370 billion Inflation Reduction Act of 2022 (“IRA”), homeowners have more incentives…

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ThursdayDec 15, 2022 10:39 am

NetworkNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Announces New Financial Advisors, Milestone Filing

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF) has appointed two financial advisors: Deutsche Bank Securities Inc. and Scotiabank. The two banks will serve as financial advisors for the equity component of the project financing for CNIKF’s Crawford Nickel Sulphide Project. According to the announcement, Canada Nickel has been “engaged in discussions” for the past 18 months as it has worked to identify financial advisors. The feasibility study on the Sulphide Project is nearing completion, and the company’s next priorities are project financing and permitting activities to ensure that financing is in place in a timely manner. Deutsche Bank and Scotiabank will…

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WednesdayDec 14, 2022 3:55 pm

NetworkNewsBreaks – Nutriband Inc. (NASDAQ: NTRB) Announces Approval to Dual List, to Commence Trading on Upstream

Nutriband (NASDAQ: NTRB, NTRBW) has announced its approval to dual list its shares on Upstream, the revolutionary trading app for digital securities and NFTs powered by Horizon Fintex and MERJ Exchange Limited. The company’s trading is expected to commence on Upstream under ticker symbol NTRB at 10:00am ET on Jan. 5, 2023. “Building shareholder value and increasing our liquidity is always a high priority for us,” said Gareth Sheridan, CEO of Nutriband. “We believe a dual listing on Upstream will act as an excellent vehicle to reach an untapped international market of potential new shareholders. As we continue to develop…

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