NetworkNewsBreaks Archive - Page 280 of 2159

WednesdayJan 15, 2025 2:00 pm

NetworkNewsBreaks – Brera Holdings PLC (NASDAQ: BREA) Positioning with Dynamic Approach to Sports Ownership

In December, JPMorgan Chase & Co. disclosed its 5.3% stake in Brera Holdings (NASDAQ: BREA) via an SEC 6K filing, highlighting Chase’s aggregate ownership of 351,400 Class B Ordinary Shares of Brera. “The disclosure showcases JPMorgan Chase’s role as a major institutional investor, reinforcing its influence in shaping the governance and strategic decisions of Brera Holdings. This stake may reflect JPMorgan’s belief in the long-term potential of Brera’s innovative multi-club sports ownership model and its global expansion strategy,” reads a recent article. The piece also highlights Brera’s recent investment in Juve Stabia, an Italian Serie B soccer club, which aligns with the…

WednesdayJan 15, 2025 12:07 pm

NetworkNewsBreaks – NileBuilt Corp. Receives Multiple Awards for New Innovations in Homebuilding Engineering

NileBuilt is a California company elevating home construction and setting new standards in eco-conscious luxury. The company today announced its recent receipt of multiple awards for pioneering new innovations and advancements for its non-combustible, net zero, high wind event resistant and sustainable building technology. “NileBuilt Corp.’s mission is to lead the construction industry in providing the latest technology for attainable, safe and sustainable homes for everyone,” said Scott Long, NileBuilt’s CEO/CTO and co-founder. “Climate events are becoming more frequent with greater intensity, and at NileBuilt we pride ourselves in building resilient homes to withstand Mother Nature’s wrath.” To view the…

WednesdayJan 15, 2025 11:32 am

NetworkNewsBreaks – Torr Metals Inc. (TSX.V: TMET) to Showcase Exploration Projects at VRIC 2025

Torr Metals Inc. (TSX.V: TMET) a Vancouver-based mineral exploration company, will participate in the Vancouver Resource Investment Conference (“VRIC”) on Jan. 19-20, 2025, at the Vancouver Convention Centre West. The conference, a key event in the mining industry, gathers over 5,000 investors, 200+ mining companies, and 120 global experts, including keynote speakers like Robert Kiyosaki and Frank Giustra. Torr Metals will provide updates on its Kolos Copper-Gold Project in British Columbia, focusing on high-grade porphyry mineralization at the Sonic Zone, and its Filion Gold Project in Ontario, targeting significant gold-rich anomalies. CEO Malcolm Dorsey emphasized the strategic location and discovery…

WednesdayJan 15, 2025 11:19 am

NetworkNewsBreaks – SolarBank Corp. (NASDAQ: SUUN) (CSE: SUNN) Partners with IBN to Enhance Corporate Communications

Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (CSE: SUNN), a leading developer and operator of renewable energy projects in North America, has engaged IBN to manage its corporate communications. SolarBank specializes in distributed and community solar initiatives, leveraging solar photovoltaic systems, battery energy storage systems (BESS), and expanding into EV charging infrastructure. With over 100 MW of developed capacity and a development pipeline exceeding 1 GW, SolarBank collaborates with utilities, municipalities, and commercial entities to advance sustainable energy solutions. IBN will utilize its extensive distribution network and investor-focused resources to amplify SolarBank’s market presence and investor outreach. To…

WednesdayJan 15, 2025 11:15 am

NetworkNewsBreaks – Meta Platforms Inc. (NASDAQ: META) Plans Workforce Reduction

Meta (NASDAQ: META) is a leading technology company known for its social media platforms, including Facebook, Instagram and WhatsApp. The company is currently planning to reduce its workforce by about 5% through performance-based terminations. Despite these reductions, Meta plans to hire new employees to fill these roles within the year, as highlighted by Riley Griffin on “The Asia Trade.” The current stock price of Meta is $594.25, showing a decrease of 2.31% or $14.08. This decline in stock price may reflect investor concerns about the workforce reduction and its potential impact on the company’s operations. Today, the stock has traded…

WednesdayJan 15, 2025 9:25 am

NetworkNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Reports 39% Revenue Growth in Q3 Fiscal 2025 Results

FingerMotion (NASDAQ: FNGR), posted $8.53 million in revenue for Q3 fiscal 2025, a 39% year-over-year increase driven by its Telecommunications Products & Services division. The SMS & MMS segment saw revenue jump to $44,457, compared to $7,900 in Q3 fiscal 2024, while Big Data revenue was $0, down from $5,584. Gross profit fell 30% to $0.44 million due to a 47% rise in the cost of revenue, but quarterly net loss improved to $1.66 million, a 15% reduction from the prior year. CEO Martin Shen highlighted the company's strengthened financial position, including a working capital surplus of $9.43 million, and…

WednesdayJan 15, 2025 8:30 am

NetworkNewsBreaks – ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Outlines 2025 Roadmap Toward Production, Exploration and Clean Mining

ESGold (CSE: ESAU) (OTCQB: ESAUF) has released its 2025 outlook, highlighting a transition from preparation to execution as the Company targets first gold and silver production at the fully permitted Montauban Project in early Q3. Key objectives include finalizing construction financing, launching systematic exploration using Ambient Noise Tomography, and announcing results from clean processing trials. ESGold also aims to secure non-dilutive capital, pursue Quebec grants, and activate a $2 million operating credit line at production start. With uplisting to OTCQB and DTC eligibility expected imminently, ESGold is positioned to unlock near-term cash flow and long-term growth. To view the full…

WednesdayJan 15, 2025 8:15 am

NetworkNewsBreaks – HealthLynked Corp. Names Jeremy Daniel as Chief Financial Officer

HealthLynked (OTCQB: HLYK) a provider of healthcare technology solutions, has appointed Jeremy Daniel as its new Chief Financial Officer, effective immediately. With over 20 years of experience in healthcare, biotechnology, and finance, Daniel brings expertise in financial management, strategic planning, and organizational growth. Previously CFO at Innoveren Scientific, he has a strong track record in fundraising, mergers, and acquisitions, having raised over $100 million in funding. CEO Michael Dent, M.D., highlighted Daniel's alignment with HealthLynked's mission to innovate and expand its healthcare technology solutions. Daniel, a CPA and Xavier University MBA graduate, expressed enthusiasm for advancing the company's financial strategies…

WednesdayJan 15, 2025 8:00 am

NetworkNewsBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Reports Financial Results and Waterberg Project Progress

Platinum Group Metals (NYSE American: PLG) (TSX: PTM) announced financial results for the three months ended Nov. 30, 2024, and provided updates on its Waterberg Project in South Africa. The mechanized, shallow mine is designed to produce platinum, palladium, rhodium, and gold ("PGMs") alongside copper and nickel by-products, aiming to be among the world's largest and most cost-effective underground PGM operations. Near-term objectives include advancing to a development decision, securing construction financing, and finalizing concentrate offtake agreements. Additionally, the company continues collaborating with Anglo American Platinum and Florida International University through Lion Battery Technologies Inc. to integrate platinum and palladium…

TuesdayJan 14, 2025 2:22 pm

NetworkNewsBreaks – Rumble Inc. (NASDAQ: RUM) Secures Cloud Services Agreement with El Salvador Despite Financial Challenges

Rumble (NASDAQ: RUM) is a video-sharing platform and cloud services provider that has recently secured a significant cloud services agreement with the Government of El Salvador. This partnership underscores Rumble’s commitment to freedom-oriented values, which are increasingly sought after globally. The agreement involves Rumble providing El Salvador with a comprehensive suite of cloud services, including cloud storage, computing, databases, load balancers, and Kubernetes integration. This strategic move allows Rumble to expand its international market presence and diversify its service offerings. Despite this promising partnership, Rumble faces financial challenges. The company has a negative price-to-earnings (“P/E”) ratio of approximately -16.90, indicating…

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