NetworkNewsBreaks

ThursdayMar 18, 2021 9:22 am

NetworkNewsBreaks – KalVista Pharmaceuticals Inc. (NASDAQ: KALV) Closes on Public Offering

KalVista Pharmaceuticals (NASDAQ: KALV), a clinical-stage pharmaceutical company focused on the discovery, development, and commercialization of small molecule protease inhibitors, announced that it has closed on upsized underwritten public offering. The offering consisted of 6,181,250 shares of its common stock; an additional 806,250 shares were included in the offering, which were sold in accordance with the full exercise of the over-allotment option granted to underwriters. The shares were sold for $36 per share, with the offering ultimately resulting in an estimated $222.5 million in gross proceeds for KalVista. According to the announcement, Roth Capital Partners acted as co-manager for the…

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WednesdayMar 17, 2021 3:20 pm

NetworkNewsBreaks – VPR Brands LP (VPRB) Secures Utility Patent for Revolutionary Lighter Design

VPR Brands (OTC: VPRB) is a market leader and pioneer in electronic cigarettes and vaporizers for nicotine, cannabis and cannabidiol (“CBD”), as well as other accessories such as lighters. The company owns intellectual property, including one of the original patents filed for electronic cigarette technology, and has announced that it recently received a utility patent for its new inverted lighter. “I believe what makes an iconic lighter is being able to tell what brand it is from 10 feet away; our Dissim is one of those,” said Dan Hoff, COO of VPR Brands. “In this case, the aesthetic design is…

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WednesdayMar 17, 2021 2:58 pm

NetworkNewsBreaks – Healthtech Solutions Inc. (HLTT) Announces Filing of Reg A with the SEC

Healthtech Solutions (OTC: HLTT), parent company of Medi-Scan Inc. and RevHeart Inc., today announced that it filed a Reg A with the Securities and Exchange Commission on Monday, March 8, 2021, to raise up to $75 million. According to the update, the company is offering up to a maximum of 1,500,000 shares of Series B preferred stock, $0.001 par value (“Preferred Stock”), at an offering price of $50 per share. The price will remain fixed for the duration of the Offering (the “Offered Shares”). The Offering will enable Healthtech Solutions to implement its three-pronged growth plan, which includes: the creation…

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WednesdayMar 17, 2021 2:36 pm

NetworkNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Announces Completion of Uranium Purchases, Additional Funding

Uranium Energy (NYSE American: UEC), a U.S.-based uranium mining and exploration company, has secured 800,000 pounds of additional U.S.-warehoused uranium; the shipment is comprised of a delivery in April consisting of 500,000 pounds and a second delivery scheduled for December consisting of 300,000 pounds; this uranium purchase follows a previously announced acquisition of 400,000 pounds. In total, UEC now has contracts to purchase 1,200,000 pounds of U3O8 at a volume-weighted average price of $28.94 per pound. In addition, the company has entered into definitive agreements with institutional investors to purchase 10,000,000 UEC common shares at $3.05 per share. The registered direct offering, which…

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WednesdayMar 17, 2021 1:24 pm

NetworkNewsBreaks – Processa Pharmaceuticals Inc. (NASDAQ: PCSA) Announces Sites for Phase 2B Clinical Trial

Processa Pharmaceuticals (NASDAQ: PCSA), a clinical stage company developing drugs for patients who have unmet medical conditions that require better treatment options to improve a patient’s survival and/or quality of life, today announced that it has selected five U.S. clinical sites to enroll patients with ulcerative necrobiosis lipoidica for the company’s Phase 2B trial. In addition, two to three more clinical sites will be selected for the trial, “A Randomized, Double-blind, Placebo-Controlled Clinical Trial to Evaluate the Efficacy and Safety of PCS499 in Treating Ulcerations in Patients who Have Necrobiosis Lipoidica.” “We have selected five U.S. sites to evaluate this…

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WednesdayMar 17, 2021 1:06 pm

NetworkNewsBreaks – Foresight Autonomous Holdings Ltd.’s (NASDAQ: FRSX) (TASE: FRSX) Eye-Net Mobile Enters Strategic Commercial Agreement

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced that its wholly owned subsidiary, Eye-Net Mobile Ltd., has signed a commercial cooperation agreement with SaverOne 2014 Ltd. (TASE: SAVR), a leader in providing an effective solution to combat cell phone distracted driving. According to the update, Eye-Net will integrate its Eye-Net(TM) Protect solution in SaverOne’s product designed to prevent the use of texting applications by the driver while the vehicle is in motion. The integration is subject to certain tests and criteria to be determined by the parties. “Eye-Net is expanding its presence in…

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WednesdayMar 17, 2021 12:33 pm

NetworkNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Releases Annual, Q4 Financial Results

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) has released its financial numbers for the three- and twelve-month periods ended Dec. 31, 2020. Fourth-quarter financial and operational highlights of the report include a 41% increase in revenues from Q4 2019 ($9 million this quarter compared to $6.4 million in 2019); a gross profit increase of 37%, from a loss in Q4 2019 to $1.6 million in Q4 2020; an increase in silver production from 259,282 ounces in Q4 2019 to 355,581 in Q4 2020, resulting in the company’s strongest quarter of silver production since 2014. Fiscal year 2020 highlights included…

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WednesdayMar 17, 2021 11:38 am

NetworkNewsBreaks – Cybin Inc. (NEO: CYBN) (OTCQB: CLXPF) Advances Psychedelic IND Candidates, Announces Completion of 20th Preclinical Study

Cybin (NEO: CYBN) (OTCQB: CLXPF), a biotechnology company focused on progressing psychedelic therapeutics, has announced completion of its 20th preclinical study and is progressing its CYB003 and CYB004 proprietary psychedelic molecules into Investigational New Drug (“IND”)-enabling studies. According to the update, Cybin, through collaboration with its partners and contractors, has completed key research studies both in-vitro and in-vivo. Based on proprietary Cybin technologies, more than 20 definitive research studies designed by the company’s scientists were completed in record time. “Excellent teamwork and fully supportive partners have greatly facilitated the advancement of these two new therapeutic candidates with enhanced and improved…

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WednesdayMar 17, 2021 11:25 am

NetworkNewsBreaks – Friendable Inc. (FDBL) Mid-Month Update Indicates Impressive Growth

Friendable (OTC: FDBL), a mobile technology and marketing company focused on connecting and engaging users through its proprietary mobile and desktop applications, is seeing a significant increase in artists enrolling in its exclusive Fan Pass program, which is a live-streaming platform. The company also notes an impressive uptick in social media activity on the platform as well. Ten artists have joined the Fan Pass platform so far this month, which beats February numbers — and the month is only halfway over. In addition, the company noted that social media indicators show Fan Pass’ Facebook reach is up 96%, post engagements are…

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WednesdayMar 17, 2021 10:51 am

NetworkNewsBreaks – Augusta Gold Corp. (CSE: G) (OTCQB: AUGG) (FSE: 11B) Secures Conditional Approval for TSX Listing

Augusta Gold (CSE: G) (OTCQB: AUGG) (FSE: 11B) today announced its receipt of conditional approval to list its common shares on the Toronto Stock Exchange (the "TSX"). Concurrent with the TSX listing, Augusta Gold’s common shares will be de-listed from the Canadian Securities Exchange. Augusta Gold's trading symbol will remain "G" on the TSX. Final approval of the listing is subject to Augusta Gold meeting certain customary conditions required by the TSX. The company will issue an update upon confirmation on the effective date for commencement of trading of Augusta Gold common shares on the TSX. "We are very pleased…

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