NetworkNewsBreaks

MondayOct 05, 2020 3:23 pm

NetworkNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Secures DOE Grant for Production of Rare Earth Elements

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading producer of uranium in the United States, along with a team from Penn State University recently announced the award of a contract from the U.S. Department of Energy (“DOE”) Office of Fossil Energy (“FE”) and the National Energy Technology Laboratory (“NETL”). The government grant for an initial amount of $150,000 was awarded for the development of a design for the production of rare earth elements (“REEs”) from coal-based resources (https://nnw.fm/xHyfF). If Energy Fuels is successful at the conceptual design phase, the DOE could award the company an additional $1.3 million to…

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MondayOct 05, 2020 3:02 pm

NetworkNewsBreaks – Sustainable Green Team Ltd. (SGTM) Eyes Another Positive Quarter on Heels of Major Milestones

Sustainable Green Team (OTC: SGTM), a leading provider of environmentally beneficial solutions for tree and storm waste disposal, has achieved several significant milestones as of late. These include the company’s receipt of permit approval to accept debris and manufacture mulch at its largest facility, located in Jacksonville (http://nnw.fm/yw8vR). “We are very pleased with our performance and direction,” stated SGTM CEO and director Tony Raynor in a recent article discussing the permit and SGTM’s financial results for the second quarter of 2020. “The positive recorded numbers were generated prior to achieving IPEMA certification for public surfacing material, which diversified our revenue…

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MondayOct 05, 2020 2:00 pm

NetworkNewsBreaks – 180 Life Sciences Corp. Announces New Board Appointments

KBL Merger Corp. (NASDAQ: KBLM) (KBL Merger Corp. Rights NASDAQ: KBLMR) (KBL Merger Corp. Warrant NASDAQ: KBLMW), a Special Purpose Acquisition Corporation (SPAC) that previously entered a definitive agreement to acquire 180 Life Sciences, a clinical-stage biotechnology company, recently announced the appointment of Professor Richard Barker, Larry Gold Md., Shoshana Shendelman PhD., and Donald McGovern Jr. to its board of directors, upon completion of the business combination. 180 Life Sciences is led by Dr. James Woody, who previously served as the founding CEO of OncoMed Pharmaceuticals and president and general manager of Roche Bioscience. “I’m pleased to welcome Richard, Larry,…

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MondayOct 05, 2020 12:36 pm

NetworkNewsBreaks – Costco Wholesale Corporation (NASDAQ: COST) Featured in Analysis Report

Costco (NASDAQ: COST), a corporation that currently operates 795 international warehouses, was featured in a recent analysis report that discussed consumer demand for the company prior to release of official numbers. The report, written by LikeFolio Founder Andy Swan, reads, “We already know: 20Q4 comparable-store sales +14% in U.S.; eCommerce sales accelerating: July +76% YoY, August +102% YoY; expectations for this quarter: strength in fresh produce, e-commerce, large ticket size (lower traffic), improvement in international markets. LikeFolio's Purchase Intent Metric recorded significant YoY growth in 20Q4: +32%. COST is up 17% YTD, but is actually trading down ~5% since its…

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MondayOct 05, 2020 12:17 pm

NetworkNewsBreaks – Darden Restaurants Inc. (NYSE: DRI) Featured in Analysis Report

Darden (NYSE: DRI), a restaurant company featuring a portfolio of distinct brands, was featured in a recent analysis report that discussed its performance amid a slow recovery for the restaurant sector and return to in-person dining. The report, written by LikeFolio Founder Andy Swan, reads, “This chart does not paint a glorious picture of recovery for DRI (parent company of Olive Garden, LongHorn Steakhouse, and Cheddar's, among others). Purchase intent mentions fell 38% YoY in 21Q1. A slow return to normalcy is present across the restaurant industry, with noted weakness in DRI specifically. Compare purchase intent levels in the past…

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MondayOct 05, 2020 11:46 am

NetworkNewsBreaks – LexaGene Holdings, Inc. (TSX.V: LXG) (OTCQB: LXXGF) Issues Corporate Update

LexaGene Holdings (TSX.V: LXG) (OTCQB: LXXGF), a molecular diagnostics company that develops fully automated rapid pathogen detection systems, today provided a general corporate update. Among highlights provided in the update, LexaGene is in a strong position to support its development goals for the next year and beyond with its treasury currently standing at US$11.3 million (C$14.9 million). “Our MiQLab(TM) pathogen detection system has 230 unique components. Over the summer, the coronavirus pandemic caused some supply chain issues for several key components that delayed the manufacturing, optimization and testing of these systems. Just recently, these supply chain issues were resolved and…

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MondayOct 05, 2020 11:23 am

NetworkNewsBreaks – Appreciated Media Holdings Inc. (TSXV: AMH) (OTCQB: AMEFF) Returns Performance Shares to Treasury

Appreciated Media Holdings (TSXV: AMH) (OTCQB: AMEFF) ("Appreciated Media" or the "Corporation"), a multifaceted entertainment company, today announced the cancellation and return to treasury of 6,995,653 common shares in the capital of the Corporation (the "Performance Shares"). According to the update, in connection with the completion of its qualifying transaction, Appreciated Media issued an aggregate of 7,473,935 Performance Shares pursuant to the terms of a performance share agreement dated June 30, 2017, that was entered into among the Corporation and certain of its consultants and advisors (the "Performance Share Agreement"). Upon issuance, the Performance Shares were deposited into escrow subject…

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MondayOct 05, 2020 10:54 am

NetworkNewsBreaks – Champignon Brands Inc. (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496) Elects Leading International Expert as Board Chairman

Champignon Brands (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496), today announced the election of Dr. Roger McIntyre as chairman of its board of directors. A foremost international expert in depression and suicide, Dr. McIntyre is a professor of Psychiatry and Pharmacology at the University of Toronto, heads the Mood Disorders Unit at the University Health Network in Toronto and holds appointments among scientific and clinical organizations across the United States and Asia. Dr. McIntyre was appointed to Champignon’s board in July 2020 and assumed the role of CEO in May 2020. He has set a strategic direction for the business, which…

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MondayOct 05, 2020 10:21 am

NetworkNewsBreaks – SRAX Inc. (NASDAQ: SRAX) Appoints Digital Media Exec as BIGtoken CEO

SRAX (NASDAQ: SRAX), a financial technology solutions provider, today announced that one of its board members, Malcolm CasSelle, will be appointed chief executive officer of BIGtoken, a wholly owned subsidiary of SRAX. In addition to his seven-year tenure on SRAX’s board of directors, CasSelle brings a close relationship with BIGtoken and more than 20 years of C-suite experience leading several startups in the digital media industry. “Malcolm brings years of experience in building technology companies,” SRAX CEO Christopher Miglino said in the news release. “He has the relationships and the know-how to bring the company to the next level and…

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MondayOct 05, 2020 9:52 am

NetworkNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) Issues Update on Non-Compliance with Nasdaq Listing Requirements

Youngevity International (NASDAQ: YGYI), a leading multichannel lifestyle company operating in three distinct business segments, on Friday announced its receipt of a September 29, 2020, Staff Determination Letter (the "September Notification") from the Listing Qualifications Department of the Nasdaq Stock Market LLC. According to the update, the letter indicated that Youngevity did not meet the terms of the exception previously granted to it by Nasdaq (the "Exception") pursuant to the notification letter received by the company on August 11, 2020. Under the Exception, in order to regain compliance with Nasdaq Listing Rule 5250(c)(1), the company was obligated to have filed…

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