NetworkNewsBreaks Archive - NetworkNewsWire

FridayAug 05, 2022 1:33 pm

NetworkNewsBreaks – GeoSolar Technologies Inc. Standing Distinct in Battle Against Rising Global Temperatures

GeoSolar Technologies is taking an innovative approach to redefining how people heat, cool, cook, power, and purify homes with 100% sustainable energy sources. “In fact, ‘There may not be a company in the climate technology industry that is doing more in the battle against rising global temperatures,’ according to Marilyn Lopez, partner and co-founder of TAG Collective. TAG is overseeing marketing efforts for GeoSolar Technologies related to the company’s upcoming Reg A+ offering to raise capital ahead of going public,” a recent article reads. “The Denver-based company’s patent-pending SmartGreen(TM) system harnesses energy from the earth and sun to naturally power…

FridayAug 05, 2022 1:22 pm

NetworkNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Continues Strides to Push Gross Margins by Optimizing Product Offerings

FingerMotion (NASDAQ: FNGR) reported a 37% year-over-year growth in revenue for the financial year ended Feb. 28, 2022 (“FY2022”). “One of our key initiatives is to keep pushing gross margins higher, and we have been quite successful by optimizing our product offerings,” a recent article quotes CEO Martin Shen’s comments from the release of the FY2022 results. Regarding the results, Shen is quoted saying, “We have been able to steadily increase our margins by optimizing our product mix between Top-up and SMS. While our biggest challenge continues to be access to non-dilutive capital, we remain steadfast in our belief that…

FridayAug 05, 2022 1:14 pm

NetworkNewsBreaks – illimity Announces Sound Results for Q2 2022

illimity Bank S.p.A. (“illimity” or the “Bank”) today announced that its board of directors, chaired by Rosalba Casiraghi, has approved its results at June 30, 2022. Among the highlights, illimity reported net profit of 15.8 million Euro (+6% Y/Y), bringing the net result for the first half of the year to 31.5 million Euro (+15% vs 1H21). “We are very satisfied with the sound results posted in the second quarter of the year, the best in terms of business generation,” said Corrado Passera, CEO and founder of illimity. “The robust pipeline for the next few months confirms the dynamism of all…

FridayAug 05, 2022 1:07 pm

NetworkNewsBreaks – Why Cub Crafters Inc. Is ‘One to Watch’

Cub Crafters (typically styled CubCrafters), based at McAllister Field Airport in Yakima, Washington, is the leading designer and manufacturer of light-sport, experimental and Part 23 certified backcountry aircraft. “The company was founded in 1980 to build parts and supplementary type certificate (‘STC’) improvement modifications, which were used to establish it as the preeminent center for rebuilding the classic Piper PA-18 Super Cub light aircraft. CubCrafters went on to advance the market with its own, newly manufactured aircraft models and holds an approved Federal Aviation Administration (‘FAA’) Production Certificate. Yakima-based operations include an engineering design-test-certification center, aircraft parts and assembly production…

FridayAug 05, 2022 12:43 pm

NetworkNewsBreaks – Pressure BioSciences Inc. (PBIO) Gathers Leads at Events, Notes Rapid Market Expansion

Pressure BioSciences (OTCQB: PBIO), a leader in the development and sale of broadly enabling, pressure-based instruments, consumables, and specialty testing services to the worldwide biopharmaceuticals, nutraceuticals, cosmetics, agrochem, and food/beverage industries, is reporting more than 60 strong leads gathered from its participation at two cannabis drink expo events, one in San Francisco and one in Chicago. The positive response is indicative of the rapid market expansion and potential for cannabis beverages, the company observes. Company officials also noted that a common theme at both events was the need for faster, more effective delivery of cannabis dosing with reliably repeatable precision.…

FridayAug 05, 2022 12:30 pm

NetworkNewsBreaks – EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQB: EVGIF) Featured in Globe and Mail Article

EverGen (TSX.V: EVGN) (OTCQB: EVGIF), Canada’s renewable natural gas (“RNG”) infrastructure platform, was featured in a recent article published by The Globe and Mail. The piece, titled “Biogas has potential to play a role as Canada transitions from fossil fuels to renewable energy,” discusses the growing interest of utilities to embrace RNG. The growing demand is attributed to RNG’s “potential to play a sizable role in helping to reduce emissions of methane by capturing the climate-warming gas, rather than letting it spew into the atmosphere from landfills.” The publication highlights EverGen’s strategic acquisition of two-thirds of GrowTEC. Not only an…

FridayAug 05, 2022 12:03 pm

NetworkNewsBreaks – HIVE Blockchain Technologies Ltd. (TSX.V: HIVE) (NASDAQ: HIVE) (FSE: HBF) Releases Production Update for July 2022

HIVE Blockchain Technologies (TSX.V: HIVE) (NASDAQ: HIVE) (FSE: HBF) has announced statistics for its global Bitcoin and Ethereum mining operations July 2022; the company is reporting a BTC HODL balance of 3,091 Bitcoin and 6,820 Ethereum as of Aug. 4, 2022. Highlights of the update include that the company produced 279.9 BTC in July, with 2.2 Exahash of Bitcoin mining capacity at beginning of July, which increased to 2.26 Exahash of Bitcoin mining capacity during the month, with an average hashrate of 2.03 Exahash of Bitcoin mining capacity. In addition, HIVE noted that 2,957 ETH was produced during the month…

FridayAug 05, 2022 11:56 am

NetworkNewsBreaks – Revelation Biosciences Inc. (NASDAQ: REVB) Closes $5M Public Offering

Revelation Biosciences (NASDAQ: REVB), a clinical-stage life sciences company focused on the development of immunologic-based therapies, recently announced the closing of its public offering of 8,333,334 shares of its common stock, together with warrants to purchase up to 8,333,334 shares of its common stock at a public offering price of $0.60 per share and associated warrant. According to the update, the warrants have an exercise price of $0.60 per share, are exercisable upon issuance, and will expire five years following the date of issuance. Roth Capital Partners acted as sole placement agent for the offering. To view the full press…

ThursdayAug 04, 2022 1:19 pm

NetworkNewsBreaks – Silo Pharma Inc. (SILO) Reports Positive Results from Research on Novel Liposomes

Silo Pharma (OTCQB: SILO) recently announced it had produced an initial batch of SPU-21 liposomes for a rheumatoid arthritis study conducted by Frontage Laboratories, a contract research organization (“CRO”). “Recent research by the company revealed that SPU-21 liposomes have the ability to target inflamed epithelium, suggesting they can be used to target drug delivery. Further, SPU-21 can potentially be used to develop fusion imaging molecules and/or nanoparticles to study arthritic pathogenesis. According to the research, this approach may enhance therapeutic effects and decrease potential toxicity despite systemic administration of the drug,” a recent article reads. “In addition, Silo recently announced…

ThursdayAug 04, 2022 1:07 pm

NetworkNewsBreaks – Correlate Infrastructure Partners Inc. (CIPI) Teaming up to Guide Commercial Real Estate Owners in Creating New Revenue Opportunities

Correlate Infrastructure Partners (OTCQB: CIPI) is a purpose-built energy use optimization company based in the United States. CIPI has made it its mission to develop green utility solutions for the commercial real estate industry to enable buildings and other corporate facilities to help contribute to a climate solution. “The company works to provide advisory assistance on acquisitions and project development to commercial solar industry clients and to back that up with development and financing resources for commercial clients looking for clean energy facility upgrades. CIPI’s subsidiaries, Correlate and Solar Site Design, use data analysis and a commitment to transparency to…

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