NetworkNewsBreaks

WednesdayFeb 28, 2024 2:01 pm

NetworkNewsBreaks – Correlate Energy Corp. (CIPI) Positioning as One-Stop Shop for Companies Seeking Increased Participation in Renewables

Correlate (OTCQB: CIPI), a tech-enabled development, finance and fulfillment platform for distributed energy solutions across North America, is capitalizing on America’s growing trend toward renewables and increased energy efficiency. “As such, it is positioning itself as the one-stop go-to for companies seeking more significant participation in renewables, cost savings and overall reduction in their carbon footprint. More recently, corporations such as Continental Envelope and American Tire Distributors (‘ATD’) have signed on for Correlate’s energy offerings,” a recent article reads. “The company continues to finance, develop and sell localized green energy solutions and microgrids to industrial, commercial and residential customers, and…

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WednesdayFeb 28, 2024 1:26 pm

NetworkNewsBreaks – FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A) Board of Directors Approves Debt Settlement

FSD Pharma (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A), a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions, has announced a debt settlement. According to the announcement, the company’s board of directors approved the settlement of $637,650 owed to arm's length creditors through issuing 545,000 Class B subordinate voting shares in the capital of the corporation; the shares were issued at $1.17 per share. The board also approved the granting of 55,000 restricted share units (“RSUs”) to consultants of the company according to FSD Pharma’s equity incentive plan, with each RSU good for the acquisition of…

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WednesdayFeb 28, 2024 12:23 pm

NetworkNewsBreaks — Advanced Gold Exploration Inc. (CSE: AUEX) Announces New President

Advanced Gold Exploration (CSE: AUEX), has appointed Dr. Andrew Ramcharan, PhD, P.Eng., as president of the company; the appointment was effective beginning Feb. 15, 2024. The company noted that current president Jim Atkinson is resigning as president, although he remains as CEO and as a company director. Ramcharan brings a deep background in investor relations and corporate strategies to his new position, having completed more than 300 project evaluations globally on many commodities and proposed 40-plus investment strategies; he has also been involved in the completion of two major takeover transactions worth $800 million and $1.5 billion and has raised more…

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WednesdayFeb 28, 2024 12:20 pm

NetworkNewsBreaks — Diamond Lake Minerals Inc. (DLMI) Spotlighted in Latest NNA Broadcast Focused on Avrio Investment

Diamond Lake Minerals (OTC: DLMI), a multistrategy operating company offering traditional investors an entry point to the future of digital securities, is featured in a recent NetworkNewsAudio (“NNA”) broadcast. According to the announcement, the broadcast covers news of Diamond Lake Minerals’ strategic investment in Avrio Worldwide, PBC, which is the parent of several companies that provide licensed digital financial market infrastructure and services across public, private and digital markets. DLMI’s investment in Avrio offers key opportunities and synergies across the DLMI network of companies for the tokenization of real-world-assets (“RWA”) on Avrio’s registered dFMI, noted an Avrio official. NNA is focused…

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WednesdayFeb 28, 2024 12:04 pm

NetworkNewsBreaks — Longeveron Inc. (NASDAQ: LGVN) Reports on Year-End 2023 Financial Results, Corporate Update

Longeveron (NASDAQ: LGVN), a clinical-stage biotechnology company developing regenerative medicines for unmet medical needs, has released a financial report for the year ended Dec. 31, 2023; the report also included a corporate update. The report noted that revenues for 2023 totaled $0.7 million with grant revenue for 2023 being less than $0.1 million; related cost of revenues was $0.5 million for 2023; and gross profit for the year came in at approximately $0.2 million. In addition, general and administrative expenses totaled $11.4 million for 2023; research and development expenses decreased to approximately $9.1 million with selling and marketing expenses for…

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WednesdayFeb 28, 2024 8:30 am

NetworkNewsBreaks – Tonix Pharmaceuticals Holding Corp. (NASDAQ: TNXP) Announces Completion Clinical Stage of Phase 1 Trial, Featured in Proactive Video Releases

Tonix Pharmaceuticals (NASDAQ: TNXP), a biopharmaceutical company with marketed products and a pipeline of development candidates, has completed the clinical stage of its phase 1 single ascending dose escalation trial, designed to evaluate TNX-1500 (Fc-modified humanized anti-CD40L monoclonal antibody, or mAb) in healthy volunteers. According to the announcement, the company anticipates receiving topline results from the trial in Q3 2024 and is now planning a phase 2 trial focused on evaluating the drug for prevention of kidney transplant rejection. In addition, Tonix Pharmaceuticals CEO Seth Lederman, MD, was featured in two releases from Proactive, a best-in-class media provider of 24/7…

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TuesdayFeb 27, 2024 3:30 pm

NetworkNewsBreaks – Clene Inc.’s (NASDAQ: CLNN) CNM-Au8 Aiming to Address Neurodegenerative Diseases from a New Angle

Clene (NASDAQ: CLNN) is a late clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, including amyotrophic lateral sclerosis (“ALS”), Parkinson’s and multiple sclerosis (“MS”). “The company’s lead drug candidate is CNM-Au8, an innovative nanomedicine uniting the principles of physics, chemistry, materials science, and biology to address neurodegenerative diseases from a new angle. Clene uses catalytic boosting of energy metabolism to enable dying neurons to resist the multiple stressors associated with disease, allowing them not only to survive but also to function,” a recent article reads. The article discusses CNM-Au8 development pathways, which…

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TuesdayFeb 27, 2024 2:45 pm

NetworkNewsBreaks – SuperCom Ltd. (NASDAQ: SPCB) Uniquely Positioned to Capitalize on Increasing Demand for Electronic Monitoring Solutions

SuperCom Ltd. (NASDAQ: SPCB), a provider of secured solutions for e-Government, IoT and cybersecurity sectors, aims to revolutionize public safety worldwide through proprietary electronic monitoring technology, data intelligence and complementary services. “SuperCom’s proprietary PureSecurity suite is an all-in-one, field-proven offender monitoring system, with services such as GPS monitoring, home detention, domestic violence prevention, and more. The suite is specifically tailored to meet each client’s needs. By leveraging the power of AI, SuperCom’s PureSecurity platform can offer new capabilities, such as amplified data analysis, predictive modeling and streamlined automation – geared toward optimizing decision making and operational efficiency… SuperCom’s PureSecurity suite…

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TuesdayFeb 27, 2024 2:43 pm

NetworkNewsBreaks – DealFlow Events Announces IBN to Return as Official Media Partner for Upcoming Activist Investor Conference

DealFlow Events, host of hundreds of conferences over the past two decades, has selected IBN as the official media partner for the upcoming Activist Investor Conference 2024. DealFlow Events is organizing and hosting the event, which is slated for March 21, 2024, in New York City. Focused on the industry’s most innovative and transformative ideas, the conference has been around for more than a decade and is designed to provide invaluable opportunities for professional education and networking as well as forging new business relationships. Information presented during the event is designed to support investors as they work on deepening their…

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TuesdayFeb 27, 2024 12:55 pm

NetworkNewsBreaks – RB Capital Partners Inc. Moves Forward with Appointment of Receiver for Optec International Inc. (OPTI)

RB Capital Partners, a judgment creditor against Optec International Inc. (OTC: OPTI), today announced its engagement of Mark Basile and The Basile Law Firm P.C. to work with the courts to officially appoint a receiver to run Optec in the interim while a new company is merged into the public vehicle. RB Capital, the largest investor and legitimate shareholder of Optec International, was forced to bring a shareholder derivative action against Optec to secure the company’s judgment, oust Roger Pawson and to try to preserve Optec’s assets. According to the announcement, the next step in the process is to officially…

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