NetworkNewsBreaks

MondayJul 29, 2024 11:35 am

NetworkNewsBreaks – Lucid Group Inc. (NASDAQ: LCID), Graphite One (GPHOF) Agreement Receives Support, Recognition from Government Officials

Lucid Group (NASDAQ: LCID), maker of the world's most-advanced electric vehicles, has entered into a nonbinding supply agreement with Graphite One Inc. (TSX.V: GPH) (OTCQX: GPHOF). The agreement was announced by Graphite One, which is planning a complete domestic U.S. supply chain for advanced graphite materials, at a briefing held at the U.S. Capital on July 25, 2024. According to the announcement, the agreement, which is for anode active materials (“AAM”), represents “the first step in a 100% U.S.-based supply chain linking Alaska, Ohio and Arizona.” Following the announcement, several senators and government officials commented on the agreement, noting its significance. Those commenting included…

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MondayJul 29, 2024 10:45 am

NetworkNewsBreaks – Torr Metals Inc. (TSXV: TMET) Files Petition in BC Supreme Court Regarding Denial of Exploration Permit

Torr Metals (TSX.V: TMET), a mineral exploration company focusing on the identification, acquisition and advancement of mineral properties, is challenging the denial of an exploration permit for its Latham Copper Project. The company announced that it has initiated judicial review proceedings against the government of British Columbia (“BC”) in the BC Supreme Court. The Latham Copper Project is located in the province’s prolific Golden Triangle. According to the announcement, the company applied for an exploration permit in 2022 following early engagement with the Tahltan Nation, in which Torr Metals spent an estimated $2.84 million in exploration and community relations. The…

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FridayJul 26, 2024 3:16 pm

NetworkNewsBreaks – Glidelogic Corp. (GDLG) Unveils ‘Groundbreaking’ Copyright Protection for AI-Generated Content

Glidelogic (OTC: GDLG), a diversified software development company specializing in artificial intelligence, fintech, and blockchain technology development and consulting, has announced a groundbreaking solution for copyright protection of artificial intelligence (“AI”)-generated content. According to the announcement, the offering combines Glidelogic's patented technology with Propaganda GEM's industry resources, creating a copyright management system designed for digital content creators and users. The technology utilizes a large model to encode copyrighted content with user information, generating customized NFTs and ensuring the uniqueness of each work while also providing a clear chain of copyright ownership and ensuring content is legal and compliant. Propaganda GEM…

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FridayJul 26, 2024 2:23 pm

NetworkNewsBreaks – Match Group Inc. (NASDAQ: MTCH) Sees Investment Surge from Starboard Value

Match Group (NASDAQ: MTCH), a leading company in the online dating industry, operates well-known platforms such as Tinder, Hinge, and OkCupid. The company has recently been in the spotlight due to a significant investment by the activist hedge fund Starboard Value, which has acquired approximately 6.6% of Match Group, making it the third-largest shareholder. Starboard Value’s involvement is not just a passive investment. In a detailed letter to Match Group’s leadership, Jeffrey Smith, Starboard Value’s Managing Member, outlined several recommendations aimed at boosting the company’s financial performance. Among these suggestions was the need for Match to improve its profit margins,…

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ThursdayJul 25, 2024 2:03 pm

NetworkNewsBreaks – Serve Robotics Inc. (NASDAQ: SERV) Closes on $15M Private Placement

Serve Robotics (NASDAQ: SERV), a leading autonomous sidewalk delivery company, recently announced the closing of a private placement with a single institutional investor. The transaction included the purchase and sale of pre-funded warrants to purchase 2,500,000 shares of the company’s common stock at a purchase price of $6.00 per unit along with warrants to purchase up to an aggregate of 2,500,000 shares of common stock at an exercise price of $6.00 per unit. The offering closed on July 24, 2024, raising approximately $15.0 million in gross proceeds before deductions. Aegis Capital Corp. acted as the exclusive placement agent for the…

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ThursdayJul 25, 2024 1:37 pm

NetworkNewsBreaks – FSD Pharma Inc.’s (NASDAQ: HUGE) (CSE: HUGE) (FRA:0K9A) Revolutionary Rapid Detoxification Drink Spotlighted in 24/7 Market News Report

FSD Pharma (NASDAQ: HUGE) (CSE: HUGE) (FRA:0K9A), a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions, has been featured in a news report published by 247marketnews.com, a pioneer in digital media dedicated to the swift distribution of financial market news and information. The report, which highlights functional beverage market developments, discusses FSD Pharma’s revolutionary rapid detoxification drink, unbuzzd(TM). The drink helps to rapidly restore mental alertness post-alcohol consumption. To read the full news report, visit https://nnw.fm/zfPKU To view the full press release, visit https://nnw.fm/poE67 About FSD Pharma Inc. FSD is a biopharmaceutical company dedicated to building…

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ThursdayJul 25, 2024 1:28 pm

NetworkNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) CMO to Present Poster at Upcoming SNO/ASCO CNS Cancer Conference

CNS Pharmaceuticals (NASDAQ: CNSP), a biopharmaceutical company specializing in the development of novel treatments for primary and metastatic cancers in the brain and central nervous system, will be participating in next month’s 2024 SNO/ASCO CNS Cancer Conference. The event will be held Aug. 8–10 in Denver. According to the announcement, CNS Pharmaceuticals has an abstract, titled “Use of a Brain-Penetrating Anthracycline in Anthracycline-Sensitive Brain Metastases: The Promise of Berubicin,” that has been selected for poster presentation at the conference. CNS Pharmaceuticals chief medical officer Sandra Silberman, MD, PhD, will be presenting. The presentation is slated from 7:15–9 p.m. MT on Aug.…

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ThursdayJul 25, 2024 1:06 pm

NetworkNewsBreaks – Snap Inc. (NYSE: SNAP) Expands Offerings with Snap Sports Network

Snap (NYSE: SNAP), known for its popular social media platform Snapchat, is expanding its offerings with the launch of the Snap Sports Network. This new venture is a virtual arena where Snapchat users can engage in friendly competition, featuring unique games like hobby horsing and professional pillow fighting. The initiative, highlighted by well-known creators such as Kris London and Rachel DeMita, aims to enhance the Snapchat sports experience. Additionally, partnerships with brands like e.l.f Cosmetics for sponsorships and product integrations are set to elevate the user experience further. The Snap Sports Network will debut six episodes from July 19 to…

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ThursdayJul 25, 2024 1:01 pm

NetworkNewsBreaks – Golden Triangle Ventures Inc. (GTVH) Announces Significant Advancements Following Cargo Management Group Acquisition

Golden Triangle Ventures (OTC: GTVH), a multifaceted consulting company, today provided key updates following its acquisition of Cargo Management Group (“CMG”). The acquisition was completed in June and has been instrumental in developing GTVH’s four-pillar model and setting the stage for future growth within the organization. According to the company, the formation of LE Logistic LLC, a wholly owned subsidiary of GTVH, marked a major milestone in its journey towards future growth. This entity is expected to take full charge of the company’s logistics operations once the motor carrier (“MC”) authority from CMG is fully transferred and can be integrated.…

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ThursdayJul 25, 2024 12:28 pm

NetworkNewsBreaks – Lucid Group Inc. (NASDAQ: LCID) Inks Nonbinding Supply Agreement with American Producer of High-Grade Anode Materials

Lucid Group (NASDAQ: LCID), maker of the world's most-advanced electric vehicles, has entered into a nonbinding supply agreement with Graphite One Inc.(TSX.V: GPH) (OTCQX: GPHOF). The agreement is for anode active materials (“AAM”). According to the announcement, the agreement, which is initially for five years, is for 5,000 tpa once Graphite One commences production of synthetic graphite. Sales will be based on an agreed price formula tied to future market pricing that also acknowledges base-case pricing. Graphite One officials noted that the agreement helps the company develop its 100% U.S. domestic supply chain. “We are committed to accelerating the transition…

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