NetworkNewsBreaks

WednesdayDec 13, 2023 10:50 am

NetworkNewsBreaks – GEMXX Corporation (GEMZ) Releases Updated Status Report on Milestones, Upcoming Expansion Strategy

GEMXX (OTC: GEMZ), a leader in the ammolite gemstone mine-to-market segment and a partner in Canadian gold exploration Company Crazy Horse Mining Inc., is reporting on its current status. According to the announcement, the company has achieved several key milestones recently, including completing the third and final clean-out and recording of gold production at the Snow Creek Mine site for the 2023 mining test season; engaging Aurora Geosciences to complete S-K 1300 technical reports on company-owned and operated assets; signing a binding Letter of Intent to acquire an initial 50% stake in the Yukon Gold Project; securing 75% of mining…

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TuesdayDec 12, 2023 2:25 pm

NetworkNewsBreaks – Cyngn Inc. (NASDAQ: CYN) Secures $5M in Public Offering

Cyngn (NASDAQ: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, today announced the closing of its common stock public offering made on a reasonable best-efforts basis with gross proceeds of approximately $5.0. According to the announcement, the offering consisted of 33,333,333 shares of common stock and pre-funded warrants, with each sold at a purchase price of $0.15 per share (or $0.14999 per pre-funded warrant after reducing $0.00001 attributable to the exercise price of the pre-funded warrants). Cyngn intends to use the net proceeds from the offering for general corporate purposes, including working capital. Aegis Capital Corp.…

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TuesdayDec 12, 2023 2:15 pm

NetworkNewsBreaks – HUB Cyber Security Ltd. (NASDAQ: HUBC) Plans Reverse Share Split, Effective Dec. 14

HUB Cyber Security (NASDAQ: HUBC), a developer of confidential computing cybersecurity solutions and services, announced a 1-for-10 reverse share split of its ordinary shares. According to the announcement, the reverse share split along with the corresponding share capital adjustment will be effective on Dec. 14, 2023, at 11:59 p.m. ET. Ordinary shares will begin trading on a split-adjusted basis on the NASDAQ market at market open on Dec. 15, 2023, under the existing trading symbol HUBC but under a new CUSIP number: M6000J135. HUB Security’s outstanding warrants will continue to be traded under the symbols HUBCW and HUBCZ. The company…

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TuesdayDec 12, 2023 2:10 pm

NetworkNewsBreaks – Diamond Lake Minerals Inc.’s (DLMI) Positioning in Digital Assets Revolution Featured in Benzinga Article

Diamond Lake Minerals (OTC: DLMI), which specializes in the development and support of digital assets and SEC-registered security tokens, was featured in a Benzinga Crypto article. The piece discusses DLMI’s pioneering efforts to integrate traditional assets into digital finance and its focus on SEC-registered security tokens to position in this landscape. “Diamond Lake Minerals currently stands as part of the vanguard of the digital asset revolution headed into 2024. Its strategies and business models not only reflect the major trends in the digital asset industry but also potentially position it as a leading entity ready to bridge the gap between…

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TuesdayDec 12, 2023 2:00 pm

NetworkNewsBreaks – FE Battery Metals Corp. (CSE: FE) (OTCQB: FEMFF) Reports on Assay Results of Soil Geochemical Survey, Indicates New Target Areas at Augustus Property

FE Battery Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, has received assay results from a large soil geochemistry program at its Augustus Lithium Property in Quebec, Canada. According to the announcement, the sampling program ran from August 2023 to October 2023 and was designed to identify new lithium exploration targets outside of the main Augustus prospect yet still within the company's sizeable claim holdings in this active region. The program included 995 samples collected from sampling on six select areas, or grids, located south of the main known mineralization. Anomalous lithium values returned from three…

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TuesdayDec 12, 2023 1:55 pm

NetworkNewsBreaks – Astrotech Corp. (NASDAQ: ASTC) Creates New Subsidiary, Announces Application of New Technology

Astrotech (NASDAQ: ASTC), an innovative science and technology company, has formed a new wholly owned subsidiary: Pro-Control Inc. According to the announcement, Pro-Control is unveiling its proprietary Pro-Control Maximum Value Process(TM) (Pro-Control MVP(TM) and the Pro-Control-1000(TM) mass spectrometer. The spectrometer has been designed to work within a chemical factory analyzing real-time samples while achieving optimized yields, quality and profits. It tests, measures and increases potency, purity and weight yields. Astrotech has entered into an exclusive license with Pro-Control to use the ATi mass spectrometer technology for chemical manufacturing process control applications. The Pro-Control MVP rapid test can take up to 20 tests…

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TuesdayDec 12, 2023 1:40 pm

NetworkNewsBreaks – Software Effective Solutions Corp. (SFWJ) Engages IBN for Corporate Communications Expertise

Software Effective Solutions (OTC: SFWJ), a global infrastructure and holding company in the cannabis industry, today announced that it has selected IBN, a multifaceted financial news and publishing company for private and public entities, to assist with its corporate communications initiatives. MedCana’s current portfolio includes five companies focused on pharmaceutical cannabis production, as well a software company focused on managing processes for plant-to-patient operations and an irrigation and greenhouse technology company. The company’s focus is on developing clients and companies in Latin America, initially in Colombia, and partnerships with laboratories, research facilities and hospitals around the world. As part of…

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TuesdayDec 12, 2023 1:15 pm

NetworkNewsBreaks – Sekur Private Data Ltd. (CSE: SKUR) (OTCQB: SWISF) (FSE: GDT0) on Track for January Launch of Enterprise Solutions

Sekur Private Data (CSE: SKUR) (OTCQB: SWISF) (FSE: GDT0), a leading Swiss-hosted secure and private communications platform, today announced that it is on track to launch its Sekur Enterprise suite of privacy communications solutions starting mid-January 2024. Several customers are waiting for Sekur Enterprise in Latin America, the USA and the Middle East Gulf countries. “We are excited to launch our anticipated Sekur Enterprise solutions globally,” said Alain Ghiai, CEO of Sekur Private Data. “The first phase has already been launched with our SekurRelay feature for all SekurMail Enterprise accounts, the second phase will launch mid-January with expanded features for…

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TuesdayDec 12, 2023 1:10 pm

NetworkNewsBreaks – Vision Marine Technologies Inc. (NASDAQ: VMAR) Spotlighted in Latest Bell2Bell Podcast Release

Vision Marine Technologies (NASDAQ: VMAR), a global leader and innovator within the performance electric recreational boating industry, was featured in the most recent offering from the Bell2Bell Podcast. During the interview, host Stuart Smith and Vision Marine Technologies head of investor relations Bruce Nurse talked about the company and its innovation within the performance electric recreational boating industry. During the interview, Nurse provided an overview of Vision Marine Technologies and its business model, noting that the company’s focus is to disrupt the traditional boating industry by transforming the boating experience with electric power. Nurse explained that this type of transformation…

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TuesdayDec 12, 2023 1:05 pm

NetworkNewsBreaks – Lucid Group Inc. (NASDAQ: LCID) Announces Departure of CFO Sherry House

Lucid Group (NASDAQ: LCID) has announced that its Chief Financial Officer (“CFO”) Sherry House is resigning from her position, effective immediately, to pursue other opportunities. According to the announcement, House will be available in an advisory role through Dec. 31, 2023, to assist in the transition of her duties. Lucid’s current VP of Accounting and Principal Accounting Officer Gagan Dhingra will additionally serve as interim CFO and principal financial officer, effective immediately, while Lucid’s search for a replacement for House is underway. “I want to thank Sherry for her contributions to the company during her tenure,” said Lucid’s CEO and…

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