NetworkNewsBreaks Archive - Page 370 of 2094

MondayApr 01, 2024 2:21 pm

NetworkNewsBreaks – Applied UV Inc. (NASDAQ: AUVI) Closes on $2.76M Registered Direct, Private Placement

Applied UV (NASDAQ: AUVI), a leader in smart building technology solutions, has closed on a registered direct offering as well as a concurrent private placement with institutional investors. According to the announcement, Applied UV issued shares of common stock and prefunded warrants in a registered direct offering. In addition, the company also issued common warrants to the same investors in a concurrent private placement. It is estimated that gross proceeds from both transactions, which closed today, will total approximately $2.76 million. The company noted that the transactions consisted of the public sale of 1,726,875 shares of common stock (or prefunded…

MondayApr 01, 2024 1:51 pm

NetworkNewsBreaks – Nutriband Inc. (NASDAQ: NTRB) Begins Manufacturing for Major Sports Brand Licensee

Nutriband (NASDAQ: NTRB, NTRBW), a pharmaceutical company with a specific focus on transdermal technologies, today announced it has been engaged by and received a first order from Fit For Life Group (“FFL”), a major brand license holder. Nutriband expects a fully executed supplier agreement to follow. Under the agreement Nutriband’s wholly owned contract manufacturing subsidiary, Active Intelligence, will act as manufacturer. “This purchase order from FFL allows Nutriband and our contract manufacturing subsidiary, Active Intelligence, to once again demonstrate our capabilities in the development and manufacturing of innovative products,” said Gareth Sheridan, CEO of Nutriband. “We are excited to continue…

MondayApr 01, 2024 12:34 pm

NetworkNewsBreaks – Cepton Inc. (NASDAQ: CPTN) Releases Q4, FY 2023 Financial Report, Business Update

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, is reporting on its financial and business results for the fourth quarter and full year ending Dec. 31, 2023. The financial report included full-year 2023 revenue of $13.1 million, a 76% increase over the prior year and an increase over the full-year 2023 revenue guidance as well as Q4 2023 product revenue of $2.5 million, an increase of 152% compared to the same period in 2022; the company’s full-year gross margin was 27% with a Q4 2023 gross margin of 54%. Business highlight for the company included…

ThursdayMar 28, 2024 3:59 pm

NetworkNewsBreaks – Reunion Gold Corporation (TSX.V: RGD) (OTCQX: RGDFF) Reports on Additional Drill Results at Oko West Project

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF), a leading gold explorer in the Guiana Shield, is releasing additional drill results from its ongoing infill and step out drill program at the Kairuni zone on its Oko West project in Guyana. According to the report, Hole D-380 intersected 39.7 meters at 5.27 grams per tonne of gold (“Au”) from 152.3 meters downhole, including 3.8 meters at 14.18 g/t Au and 13.0 meters at 10.50 g/t Au. Reunion Gold called the results encouraging and noted that they indicate “potential for additional high-grade mineralized shoots to be defined in areas of existing wider drill…

ThursdayMar 28, 2024 3:43 pm

NetworkNewsBreaks – Diamond Lake Minerals Inc. (DLMI) Positioned ‘Ahead of the Curve’ in Tokenization

Diamond Lake Minerals (OTC: DLMI) is a leading multi-strategy operating company specializing in developing and supporting digital assets and SEC-registered security tokens. The company was featured in a new Benzinga Crypto article that discussed DLMI’s favorable positioning in tokenization attributed to its innovative technology, infrastructure and leadership. “DLMI has spent a substantial amount of time and resources under the leadership of its CEO Brian J. Esposito working on the program of converting real estate assets into blockchain-based digital tokens in its ecosystem… A big part of DLMI’s strategy was its recent acquisition of Avrio Worldwide PBC, a registered market infrastructure…

ThursdayMar 28, 2024 3:30 pm

NetworkNewsBreaks – Ideal Power Inc. (NASDAQ: IPWR) Reports on $15M Public Offering

Ideal Power (NASDAQ: IPWR), a company pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN(TM) bidirectional semiconductor power switch, has priced its previously announced underwritten public offering. The offering, which is anticipated to close today, consists of 2,000,000 shares of its common stock (or prefunded warrants in lieu thereof) at $7.50 per share of common stock. The public offering is expected to result in an estimated $15 million in gross proceeds before standard deductions are made. Ideal Power anticipates using the funds for general corporate and working capital purposes. The company also noted that it has…

ThursdayMar 28, 2024 2:45 pm

NetworkNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Capitalizing on ‘Overwhelming Interest’ to Focus on GLP-1 Applications of DehydraTECH(TM)

Lexaria Bioscience Corp. (NASDAQ: LEXX), a global innovator in drug delivery platforms, recently announced that it will focus on glucagon-like peptide 1 (“GLP-1”) applications of its patented DehydraTECH(TM) technology for diabetes and weight loss for the 2024 calendar year. “This comes hot on the heels of a successful, active year of R&D in 2023, a year that saw significant strides in developing its patented DehydraTECH technology including its new foray into GLP-1 drugs… This laid the groundwork for Lexaria to explore a new class of molecules it had never worked on before, ultimately quietly launching its top-priority and unpublicized early-stage…

ThursdayMar 28, 2024 10:59 am

NetworkNewsBreaks — Advanced Gold Exploration Inc. (CSE: AUEX) Reports on Proposed $16K-Plus Proposed Debt Settlement

Advanced Gold Exploration (CSE: AUEX) has announced a proposed debt settlement of $16,650. The settlement was made with an arm's length creditor of the company. In order to settle the debt, the company issued 602,410 common shares in the capital of the company; the shares were issued for $0.05 per common share. The issued common shares are subject to a four-month hold period. The announcement noted that the transaction is subject to final acceptance of the Canadian Securities Exchange. To view the full press release, visit https://nnw.fm/U5Tzo About Advanced Gold Exploration Inc. Advanced Gold Exploration (formerly Advance United Holdings Inc.) brings…

WednesdayMar 27, 2024 3:54 pm

NetworkNewsBreaks – Authentic Holdings Inc.’s (OTC: AHRO) Maybacks Global Entertainment Network Inks Deals with 23 Stations in Major Cities

Authentic Holdings’ (OTC: AHRO) Maybacks Global Entertainment iDreamCTV network has announced the addition of 23 affiliate station agreements. According to the announcement, iDreamCTVwill supply these affiliate stations with content and in turn will have revenue-share agreements. The stations are located in New York City, Schenectady, Troy, Gloversville, Nashville, Fresno, Syracuse, Portland, Dayton, Dallas, Houston, San Diego, Los Angeles, Palm Springs, Detroit and Miami, to name a few. iDreamCTV is working to become one of the largest independent free-TV brands. The network has built a line-up of more than 30 fast-channel networks, creating an invaluable resource that allows smaller businesses to achieve…

WednesdayMar 27, 2024 3:11 pm

NetworkNewsBreaks – Software Effective Solutions Corp. (SFWJ) Marks Significant Progress Across Its Diverse Portfolio

Software Effective Solutions (OTC: SFWJ) (d/b/a MedCana), a leading entity in the cannabis and agricultural technology sectors, today announced remarkable advancements across its operations. MedCana is poised for significant growth and profitability with its subsidiaries in the final stages of negotiations to determine varietals to export to Europe and Australia, and Eko2o S.A.S. rapidly expanding its reach within the agricultural industry. MedCana’s strategic foray into cannabis production is nearing fruition, with operations gearing up to meet the stringent quality and regulatory standards of the European and Australian markets. In addition, Eko2o S.A.S., a majority-controlled subsidiary of MedCana, is making notable…

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