NetworkNewsBreaks

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…

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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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TuesdayJan 14, 2025 2:12 pm

NetworkNewsBreaks – VStock Transfer Featured in Stock2Me Podcast

IBN, a multifaceted communications organization engaged in connecting public companies to the investment community, has announced the release of the latest episode of the Stock2Me Podcast as part of its sustained effort to provide specialized content distribution via widespread syndication channels. Seth Farbman, chairman and president of VStock Transfer, a stock transfer firm serving private companies, IPOs and issuers listed on the NYSE American, NASDAQ and OTC Markets, joined the program to discuss unique ways that VStock Transfer supports companies during the IPO journey. “VStock Transfer is unique, because we can do as much handholding or as little handholding as…

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TuesdayJan 14, 2025 12:45 pm

NetworkNewsBreaks – Adageis Featured in BioMedWire Podcast

Adageis was featured in the latest episode of the BioMedWire Podcast, as part of IBN’s sustained effort to provide specialized content distribution via widespread syndication channels. Shane Speirs, CEO of Adageis, joined the program to provide an introduction to the company’s business model. “Healthcare is a complicated place, and navigating the system is extremely difficult for patients. On the healthcare delivery side, it's also tough. Classically, there have been different reimbursement methods for healthcare services in the United States, but many agree the future is value-based care,” Speirs explained. “What Adageis does is provide a simple solution to healthcare organizations…

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TuesdayJan 14, 2025 12:20 pm

NetworkNewsBreaks – VenHub Global Inc. Launches First Autonomous Smart Store in North Hollywood

VenHub, an emerging AI and robotics technology company, has announced the opening of its first fully autonomous Smart Store, now live at 11720 Vanowen Street in North Hollywood, California. The store was sold to one of VenHub’s valued customers who is excited to introduce a next-generation shopping experience to the local community. “I want to thank our shareholders and our partners for their support, and I also want to recognize the entire VenHub team for their passion, hard work and dedication to creating a Smart Store that will change the retail landscape for generations,” said Shahan Ohanessian, CEO of VenHub.…

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TuesdayJan 14, 2025 10:33 am

NetworkNewsBreaks – Annovis Bio Inc. (NYSE: ANVS) Secures U.S. Patent for Acute Neurodegenerative Treatment

Annovis Bio (NYSE: ANVS), a late-stage clinical drug platform company, has received a U.S. patent for methods using buntanetap to treat and prevent acute brain and nerve injuries. The patent, issued on Jan. 2, 2025 (US-2025-0000846-A1), covers buntanetap’s ability to reduce neurotoxicity and mitigate neurodegenerative processes in conditions such as stroke, ischemia, traumatic brain injury, and micro infarcts. Already patented in the EU, Japan, and globally, this approval enhances Annovis’ intellectual property portfolio. CEO Maria Maccecchini, Ph.D., emphasized buntanetap's potential to protect and restore neuronal health, expanding its applications beyond Alzheimer’s and Parkinson’s disease. To view the full press release,…

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TuesdayJan 14, 2025 10:23 am

NetworkNewsBreaks – Torr Metals Inc. (TSX.V: TMET) Identifies High-Grade Copper Zone at Kolos Project

Torr Metals Inc. (TSX.V: TMET) has announced the discovery of high-grade copper at its 100%-owned Kolos Copper-Gold Project in British Columbia. A rock grab sample from the newly identified Sonic Zone returned 1.10% copper, marking the first exploration success in the northern portion of the project. Initially revealed during Torr’s 2024 reconnaissance program, the Sonic Zone now spans 12 km² of magmatic-hydrothermal alteration and mineralization, up from an initial 2 km². The site, strategically located near Highway 5 and 32 kilometers from Canada’s Highland Valley copper mine, shows similarities to regional alkalic porphyry systems like New Afton. Torr's CEO Malcolm…

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TuesdayJan 14, 2025 8:45 am

NetworkNewsBreaks – PaxMedica Inc. (PXMD) Secures Patent Approval in China for Autism Treatment

PaxMedica (OTC: PXMD), a clinical-stage biopharmaceutical company focused on neurological disorders, has received a Notification to Grant Patent Right for its Chinese invention patent application (No: 2020800553323). The patent covers compositions and methods for treating cognitive, social, or behavioral disabilities and neurodevelopmental disorders, including autism, using a novel intranasal suramin formulation. CEO Howard Weisman highlighted this as a historic milestone, marking the first intellectual property protection for suramin in over a century. PaxMedica plans to pursue similar protections in additional jurisdictions, including the United States. To view the full press release, visit https://nnw.fm/MC78X About PaxMedica Inc. PaxMedica is a forward-looking,…

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TuesdayJan 14, 2025 7:35 am

NetworkNewsBreaks – Calidi Biotherapeutics Inc. (NYSE American: CLDI) to Present Breakthrough Virotherapy Platform at AACR 2025

Calidi Biotherapeutics (NYSE American: CLDI), a clinical-stage biotechnology company specializing in targeted antitumor virotherapies, announced its abstract, "Development of a Systemic Enveloped Virotherapy for Targeting All Metastatic Sites," has been accepted for presentation at the American Association for Cancer Research ("AACR") Annual Meeting, April 25-30, 2025, in Chicago. The presentation will highlight Calidi’s proprietary RTNova systemic platform, which leverages a novel vaccinia virus strain enveloped with a human cell membrane to overcome immune system elimination, enabling targeted delivery to multiple metastatic tumor sites. This innovative approach aims to address treatment challenges in advanced metastatic cancers, such as lung cancer, where…

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TuesdayJan 14, 2025 7:30 am

NetworkNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Refutes NVIDIA CEO’s Quantum Computing Comments on CNBC

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, announced that CEO Dr. Alan Baratz appeared on CNBC’s “The Exchange” on January 8th to address recent comments by NVIDIA CEO Jensen Huang regarding quantum computing’s readiness. Dr. Baratz clarified that D-Wave’s annealing quantum computing systems are already commercially available and solving real-world problems, unlike gate-model quantum computers, which may still face significant development timelines. He highlighted D-Wave’s success in optimization problems, such as materials simulations, and emphasized the company’s work with a multitude of customers that are using D-Wave technology today to solve complex…

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