NetworkNewsBreaks Archive - Page 159 of 2118

WednesdayJun 04, 2025 2:26 pm

NetworkNewsBreaks – AI-Driven Lending: FAVO Capital Inc. (FAVO) Sets New Standard in Funding Solutions for SMBs

FAVO Capital (OTC: FAVO) is a rapidly growing private credit company dedicated to providing fast, efficient, and personalized funding solutions for small and medium-sized businesses (“SMBs”). “FAVO Capital has more than $138 million in total funding supporting more than 10,000 businesses. The company leverages artificial intelligence (‘AI’)-powered analytics to provide faster, smarter funding decisions,” reads a recent article. “Publicly listed and regulated, FAVO Capital is committed to transparency and investor confidence. The company has expanded its market reach, currently operating in 45 states and the Dominican Republic. FAVO’s fast, flexible financing can result in funding delivered within hours, as it executes…

WednesdayJun 04, 2025 1:39 pm

NetworkNewsBreaks – Aegis Capital Corp. Leads $1.25 Million Underwritten Public Offering for Cemtrex (NASDAQ: CETX)

Aegis Capital, acting as sole book-running manager, announced the successful closing of a $1.25 million firm commitment underwritten public offering for Cemtrex, Inc. (NASDAQ: CETX), an advanced security technology and industrial services company. The offering, which closed on May 29, 2025, consisted of 1,250,000 shares of common stock priced at $1.00 per share. Cemtrex also granted Aegis a 45-day option to purchase up to 15% additional shares to cover over-allotments, if any. Proceeds from the offering will be used for general corporate purposes, and the securities were offered under an effective Form S-3 shelf registration statement. To view the full…

WednesdayJun 04, 2025 1:18 pm

NetworkNewsBreaks – Nicola Mining Inc. (TSXV: NIM) (FSE: HLIA) (OTCQB: HUSIF) Strengthens Copper Exploration Team with Senior Geologist Hire

Nicola Mining (TSXV: NIM) (FSE: HLIA) (OTCQB: HUSIF) has appointed Vicente García as Senior Geologist to support its upcoming 2025 exploration initiatives, particularly at the New Craigmont copper project. García brings over seven years of global experience across porphyry, IOCG, epithermal, and lithium systems, with recent roles at Anglo American and Dahrouge Geological Consulting. CEO Peter Espig emphasized the company's continued focus on copper exploration, noting that García and VP of Exploration Will Whitty will also evaluate targets at the fully permitted Treasure Mountain Silver Mine. To view the full interview, visit https://nnw.fm/H7Ugx About Nicola Mining Nicola Mining Inc. is…

WednesdayJun 04, 2025 12:45 pm

NetworkNewsBreaks – Sekur Private Data Ltd. (CSE: SKUR) (OTCQX: SWISF) (FSE: GDT0) Launches D.C.-Based Division to Protect Diplomats from Escalating Cyber Threats

Sekur Private Data (CSE: SKUR) (OTCQB: SWISF) (FSE: GDT0) has launched a Government and Diplomatic Corps division in Washington, D.C., responding to a sharp rise in cyberattacks targeting officials amid growing geopolitical tensions. Sekur’s Swiss-hosted encrypted communications suite offers secure email, messaging, and VPN services tailored to high-value targets such as diplomats and government leaders. With recent breaches exposing thousands of D.C. staffers and top U.S. officials, Sekur’s proprietary platform aims to counter threats like phishing, AI hacks, and chat compromises. The company is marketing the service through The Washington Diplomat and expects rapid adoption as demand for secure communications…

WednesdayJun 04, 2025 12:35 pm

NetworkNewsBreaks – Massimo Group (NASDAQ: MAMO) Shifts to Nearshoring Model to Strengthen Supply Chain and Margins

Massimo Group (NASDAQ: MAMO) announced a strategic shift to nearshoring its manufacturing operations, reducing reliance on East Asia and positioning new production capabilities closer to core North American markets. The move aims to mitigate global shipping risks, improve inventory control, and enhance gross margins while supporting the rollout of next-gen electric and climate-controlled UTVs and ATVs. CEO David Shan said the investment reflects Massimo’s commitment to operational agility and long-term growth, with the transition expected to improve lead times, ESG performance, and responsiveness across its dealer network. To view the full press release, visit https://nnw.fm/QAfZY About Massimo Group Massimo Group (NASDAQ: MAMO)…

WednesdayJun 04, 2025 12:26 pm

NetworkNewsBreaks – ONAR Holding Corp. (OTCQB: ONAR) Spotlighted in Digital Journal Interview on Accelerating Middle-Market Performance with AI

ONAR (OTCQB: ONAR), a next-generation, technology-first network of marketing and creative services agencies, was recently featured in a Digital Journal Q&A discussing how the company accelerates performance for middle-market businesses. The interview highlights ONAR’s unique blend of strategic services, AI-driven insights, and scalable execution. In the discussion, CEO Claude Zdanow explains how ONAR bridges the gap for middle-market firms, combining enterprise-level marketing expertise with the agility and efficiency these businesses need to scale. He emphasizes the role of speed, flexibility, and partnership in aligning AI and technology with each client’s growth goals. To read the full interview, visit: https://nnw.fm/1R4SC About…

WednesdayJun 04, 2025 11:52 am

NetworkNewsBreaks – OptimumBank Holdings, Inc. (NYSE American: OPHC) Reports 63% Year-Over-Year Profit Surge in Q1 2025

OptimumBank Holdings (NYSE American: OPHC) announced first-quarter 2025 results, posting net income of $3.9 million, or $0.33 per basic share, marking a 63% increase over the prior year. The growth was fueled by higher net interest income and a reversal of credit losses. Net interest income rose 21.7% to $9.43 million, and the net interest margin improved to 4.06%, up from 3.70% a year ago. Total loans reached $800.2 million, and deposits grew to $852.93 million, reflecting steady customer growth and funding strength. The Bank’s Tier 1 capital ratio rose to 11.71%. Post-quarter, OptimumBank resolved a major non-performing loan, recovering…

WednesdayJun 04, 2025 11:35 am

NetworkNewsBreaks – Strawberry Fields REIT, Inc. (NYSE AMERICAN: STRW) Expands Portfolio with $59 Million Missouri Acquisition

Strawberry Fields REIT (NYSE AMERICAN: STRW) has entered into a $59 million purchase and sale agreement to acquire nine skilled nursing facilities in Missouri, totaling 686 licensed beds. The deal, signed on May 22, 2025, will be financed through a combination of working capital and third-party lending. Eight of the facilities will be leased to the Tide Group under an expanded master lease reset for a new 10-year term, adding $5.5 million in annual rent with 3% annual increases. The ninth facility will be leased to a Reliant Care Group affiliate under a separate master lease reset for 15 years,…

WednesdayJun 04, 2025 11:16 am

NetworkNewsBreaks – Soligenix Inc. (SNGX) Highlights HyBryte Progress in CTCL via New Podcast Featuring Dr. Ellen Kim

Soligenix (SNGX) is spotlighting new interim data on HyBryte(TM) (synthetic hypericin) for early-stage cutaneous T-cell lymphoma (CTCL) in a recent podcast hosted by the Cutaneous Lymphoma Foundation. Featured guest Dr. Ellen Kim, Principal Investigator of the ongoing investigator-initiated study and Director of the Penn Cutaneous Lymphoma Program, reported a 75% treatment success rate at 18 weeks and up to 85% improvement in patients treated through 54 weeks. The study builds on prior results from the Phase 3 FLASH trial and mirrors the design of the current FLASH2 confirmatory trial, now enrolling patients. Dr. Kim emphasized HyBryte’s safety and tolerability, with…

WednesdayJun 04, 2025 11:05 am

NetworkNewsBreaks – LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) Advances Swanson Drilling and Beacon Mill Restart with Exploration Success and Strategic Appointment

LaFleur Minerals (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) has unveiled plans for a 5,000-meter diamond drill program at its Swanson Gold Project in Québec’s Abitibi Gold Belt, supported by promising exploration results and strategic momentum toward restarting its 100%-owned Beacon Gold Mill by early 2026. The company has identified over 50 drill targets following geophysical surveys, soil sampling, and high-grade grab samples up to 11.7 g/t Au. Additionally, LaFleur announced the appointment of mining executive Peter Espig as Strategic Advisor to support project funding and expansion, leveraging his deep capital markets and mill operations experience. Advanced discussions are underway with institutional…

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