NetworkNewsBreaks

WednesdayMay 29, 2024 3:09 pm

NetworkNewsBreaks – Torr Metals Inc. (TSXV: TMET) Announces Kolos Copper-Gold Project Expansion, Addition of New Exploration Targets

Torr Metals (TSX.V: TMET), a mineral exploration company focusing on the identification, acquisition and advancement of mineral properties, has significantly increased the size of its Kolos Copper-Gold Project. The 75% expansion was a result of staking; the project increased from approximate 140 km to 240 km, with the new mineral claims focused on northern expansion, following an extension of the north-trending Fanta Fault. In addition, Torr Metals announced that it has assembled a field team in preparation for the 2024 field season to conduct early reconnaissance at multiple newly identified exploration targets, including a new mineralized outcrop discovery at the Vik Zone. “By…

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WednesdayMay 29, 2024 3:08 pm

NetworkNewsBreaks – Tartisan Nickel Corp. (CSE: TN) (OTCQB: TTSRF) (FSE: 8TA) Featured in “The Prospector News” Article

Tartisan Nickel (CSE: TN) (OTCQB: TTSRF) (FSE: 8TA), a Canadian-based company specializing in mineral exploration and development, is spotlighted in the June issue of the “The Prospector News.” The two-page article, titled “Tartisan Nickel: Kenbridge Nickel Connecting Communities,” provides an overview of the company, including its flagship Kenbridge Project, which “has a completed preliminary economic assessment and is now working to further define the mineral resource by bringing some of the inferred ore deposits into the indicated category,” the article stated. The article also noted the company’s focus on creating and sustaining key relationships with the community and First Nations.…

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WednesdayMay 29, 2024 2:54 pm

NetworkNewsBreaks – Hello Group Inc. (NASDAQ: MOMO) Faces Revenue Decline but Stock Surges

Hello Group (NASDAQ: MOMO), a key player in China’s bustling online social networking scene, recently shared its financial performance for the first quarter of 2024. The company, known for its innovative platforms that connect millions across mainland China, faced a downturn in its revenue, reporting a 9.2% decrease year over year. This dip in net revenues, which totaled about 2.56 billion RMB (approximately $354.6 million), highlights the intense competition and challenges Hello Group is navigating in its sector. Despite the decline in revenue, MOMO’s stock experienced a notable uptick, surging by 10.85% to $5.365. This increase is significant, especially considering the stock’s performance over…

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WednesdayMay 29, 2024 2:17 pm

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Secures $440K Initial Order for Mullen-GO in Europe

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, today announced a new European purchase order (“PO”) for 40 Mullen-GO urban delivery vehicles with Switzerland-based Antidoto SA, a commercial upfitter whose key focus is on-demand food delivery companies. According to the announcement, the initial PO is valued at $440,000 USD. Antidoto SA specializes in the design and sale of pizza ovens for delivery vehicles and installs warming ovens in various types of vehicles. Antidoto SA will initially order 40 Mullen-GO vehicles for 2024 and projects a minimum order of 180 units for 2025 to meet anticipated growing demand for zero…

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WednesdayMay 29, 2024 1:39 pm

NetworkNewsBreaks – Predictive Oncology Inc. (NASDAQ: POAI) CEO to Participate at Upcoming BIO International Convention 2024

Predictive Oncology (NASDAQ: POAI), a leader in artificial-intelligence (“AI”)-driven drug discovery and biologics, will be spotlighted at next month’s BIO International Convention 2024. The conference is scheduled for June 3–6, 2024, in San Diego. According to the announcement, Predictive Oncology CEO Raymond Vennare will be presenting a company overview at the gathering. His presentation, titled “Novel AI Driven Insights to Guide Early Drug Discovery,” is slated to begin at 6:45 EDT on June 3, 2023. “We are very pleased to participate in this year’s Bio International Convention, which is the premier gathering of biopharmaceutical stakeholders from around the world,” said…

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WednesdayMay 29, 2024 11:03 am

NetworkNewsBreaks – FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A) Announces Submission of Clinical Trial Protocol for Unbuzzd(TM) Study

FSD Pharma (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A), a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions to address ailments affecting millions worldwide, has submitted a clinical trial protocol to assess the safety and efficacy of Unbuzzd(TM) in healthy volunteers. The clinical trial protocol for the METAL-2 trial will be reviewed by the U.S. institutional review board. After receiving approval, the company will begin recruiting healthy volunteers for the study, which is designed to evaluate the ability of Unbuzzd to help alleviate the effects of acute alcohol intoxication. “We are thrilled that we have reached…

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TuesdayMay 28, 2024 3:45 pm

NetworkNewsBreaks – McEwen Mining (NYSE: MUX) (TSX: MUX) Reports Attractive Gold Grades at Grey Fox, Strengthened Potential for Open Pit Mining

McEwen Mining (NYSE: MUX) (TSX: MUX) yesterday announced promising new assay results from the Grey Fox deposit within its Fox Complex. The highlights include significant gold grades at both shallow and deeper levels, suggesting potential for low-cost open pit mining and intriguing follow-up targets. Notable assay results including but not limited to 586.7 g/t Au over 0.5 meters and 14.3 g/t Au over 5.0 meters, are indicative of prospective high-grade gold zones. Grey Fox's current resource estimate stands at 1,168,000 ounces of gold at a grade of 4.80 g/t Au (Indicated) and 236,000 ounces of gold at 4.35 g/t Au…

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TuesdayMay 28, 2024 3:38 pm

NetworkNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) to Join Russell 3000 Index in July

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the world’s first commercial supplier of quantum computers, announced that it will be joining the broad-market Russell 3000® Index at the conclusion of the 2024 Russell U.S. Indexes annual Reconstitution, according to a preliminary list of additions posted on Friday, May 24, 2024. The move will be effective at the open of U.S. equity markets on July 1, 2024. According to the announcement, the annual Russell U.S. Indexes Reconstitution captures the 4000 largest U.S. stocks as of April 30, 2024. Membership in the index remains…

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TuesdayMay 28, 2024 3:14 pm

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Developing Zero-Emissions Version of Its PowerUP Mobile EV-Charging Truck

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, is developing a zero-emissions version of its mobile EV-charging solution, PowerUP. The solution will be available on Mullen’s Class 3 all-electric cab chassis truck. According to the announcement, PowerUp provides increased versatility and 100% zero emissions power generation that can deliver on-demand, mobile DC fast-charging. The company noted that the shift to a 100% zero-emission model represents its commitment to sustainable transportation solutions while also meeting overwhelming market demand for zero-emission options in the mobile EV-charging space. First introduced in 2023 as a mobile EV-charging truck, the original model utilized a…

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TuesdayMay 28, 2024 2:38 pm

NetworkNewsBreaks – GivBux Inc. (GBUX) Releases Outline of Near-Term Goals, Objectives for Expansion and Super App Enhancements

GivBux (OTC: GBUX), a publicly traded Super App and charitable giving platform, is releasing a six-month outline of the company’s near-term goals and plans. Included on the list is to become fully compliant with SEC and OTC markets, to expand and enhance the usability features of the Super App for GivBux local merchants and charities, and to launch an extensive online marketing campaign. In addition, the company plans to release version 2.0 of the GivBux Super App, which will feature technological enhancements such as cloud biometrics, augmented reality, updated voice/video/chat features, enhanced social media capability, real-time crypto exchange and integration of the GBX…

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