NetworkNewsBreaks

MondayJun 26, 2023 11:49 am

NetworkNewsBreaks – Blockchain Life 2023 to Bring Thousands Together for Dubai Forum

Blockchain Life 2023, one of the biggest crypto and web3 events in the world, is scheduled to be held in Dubai on Oct. 24–25, 2023. The elite event attracts an array of influential figures, including heads of global funds, government officials, investors, business owners and promising startups. The event focuses on shaping the future of cryptocurrencies and web3 and is estimated to attract some 7,000 participants from more than 120 countries. The event will include more than 80 speakers, with some of the industry’s best-known experts and leaders sharing key information and insight. Presenters include TRON founder H.E. Justin Sun,…

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MondayJun 26, 2023 11:37 am

NetworkNewsBreaks – Nautilus, Inc. (NYSE: NLS) Announces $5M Registered Direct Offering

Nautilus (NYSE: NLS) recently announced its entry into a definitive securities purchase agreement with a certain institutional investor for the purchase and sale of 4,098,362 shares of its common stock (or common stock equivalents), each at a purchase price of $1.22, in a registered direct offering. In addition, in a concurrent private placement, Nautilus announced that it would issue the investor warrants to purchase up to 4,098,362 shares of common stock. The warrants, with an exercise price of $1.35 per share, will have a 5 1/2-year term and be exercisable six months following the date of issuance. From gross proceeds…

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MondayJun 26, 2023 11:24 am

NetworkNewsBreaks – Canna-Global Acquisition Corp. (NASDAQ: CNGL) Moves to Acquire New Quantum

Canna-Global Acquisition Corp. (NASDAQ: CNGL) (“Canna-Global”), a special purpose acquisition company, recently entered a definitive bid implementation and business acquisition agreement with Sydney-based New Quantum Holdings Pty Ltd., a provider of cutting-edge wealth management all-in-one fintech-as-a-service (“FaaS”). The planned acquisition will result in New Quantum becoming a wholly owned subsidiary of Canna Global and expected listing on the Nasdaq Global Market under the ticker symbol NQH. New Quantum CEO Jong Chung remarked that the transaction will unleash significant value for both companies by allowing New Quantum to offer its all-in-one FaaS in the abundant U.S. market and provide another avenue…

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MondayJun 26, 2023 10:58 am

NetworkNewsBreaks — Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) Contracts with CGI for Initial Drill Program, Reprices Warrants

Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2), a mineral exploration company, has engaged Childs Geoscience Inc. (“CGI”) to manage the initial drill program at its Ruby Graphite Deposit, located in Beaverhead County, Montana. According to the announcement, Reflex anticipates the program to begin later this month. The program will consist of at least 3,500 meters of diamond core drilling. In addition, CGI will also move forward with other geological studies at the project, including geophysical surveys and outcrop inspection and sampling; the company will also prepare key technical reports. CGI offers skilled, competent personnel ranging from field technicians and…

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FridayJun 23, 2023 3:57 pm

NetworkNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Shines Spotlight on Autonomous Security Technologies in New Blog Series

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots and blue light emergency communication systems, has announced that it published a series of blogs targeting both public and private sectors. The content highlights numerous recommendations that will assist law enforcement and security professionals in adopting autonomous security technologies. The announcement reads, Knightscope’s advice was cultivated through the decades of team member experience in law enforcement and private security, more than 7,000 deployed emergency communication systems, and over 2 million hours of autonomous robot operations across the country in multiple time zones through numerous winters and summers. Knightscope has amassed…

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FridayJun 23, 2023 3:15 pm

NetworkNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Secures Contract Renewal with K-FLEX de México

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”) is a technology company developing solutions to optimize and automate the supply chain process as well as providing its Fr8App platform for B2B cross-border shipping in the USMCA region. The company announced that it has been recognized for outstanding service by K-FLEX de México and has secured a renewal of its contract with K-FLEX. The contract is for continued utilization of the Fr8App platform to facilitate transportation of shipments from K-FLEX’s recently expanded Mexican plants and distribution centers across the United States. “Fr8App delivered cross-border capacity during a difficult time for us as we worked…

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FridayJun 23, 2023 2:27 pm

NetworkNewsBreaks – Silo Pharma Inc. (NASDAQ: SILO) Working to Deliver Novel Treatment for Chronic Pain Sufferers

Silo Pharma (NASDAQ: SILO), a developmental stage biopharmaceutical company focused on merging traditional therapeutics with psychedelic research, recently announced a new research and development agreement to create a time-release ketamine implant to treat fibromyalgia and other chronic pain conditions. Silo intends to leverage its existing partnerships with academic research institutions to help move the novel treatment for chronic pain sufferers through the Food and Drug Administration’s approval process as efficiently as possible. The fibromyalgia market grew to $3.1 billion last year and is expected to continue increasing at a compound annual growth rate of 4% over the next decade. Meanwhile,…

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FridayJun 23, 2023 12:13 pm

NetworkNewsBreaks – FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE) Featured in InvestmentPitch Media Video

FSD Pharma (NASDAQ: HUGE) (CSE: HUGE), a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions for the treatment of challenging neurodegenerative, inflammatory and metabolic disorders, was featured in a video published by InvestmentPitch Media. FSD Pharma recently entered into a non-binding letter of intent with 1319741 B.C. Ltd., an unlisted reporting issuer, which will be renamed Celly Nutrition Inc. FSD Pharma and Celly Nutrition (“Celly Nu”) intend to enter into a definitive licensing and loan agreement whereby FSD will provide Celly Nu an exclusive license to commercialize products developed using FSD’s IP for alcohol misuse…

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FridayJun 23, 2023 10:54 am

NetworkNewsBreaks – Aura FAT Projects Acquisition Corp. (NASDAQ: AFAR), Allrites Holdings File Form F-4 in Connection with Proposed Business Combination

Aura FAT Projects Acquisition Corp (NASDAQ: AFAR, AFARW), a publicly traded special purpose acquisition company, and Allrites Holdings Pte. Ltd., a leading global B2B content marketplace with cutting-edge proprietary content-as-a-service (“CaaS”) technology, recently announced the filing of a registration statement on Form F-4, which contains a preliminary proxy statement/prospectus, with the U.S. Securities and Exchange Commission (“SEC”) in connection with their recently proposed business combination. While the registration statement is not yet effective and subject to change, it provides important information about Allrites’ business and operations, the proposed business combination with AFAR, as well as the proposals to be considered…

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FridayJun 23, 2023 10:42 am

NetworkNewsBreaks – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Announces Widespread Mineralization at Ionic Clay Project, Technical Report for Alces Lake Property

Appia (CSE: API) (OTCQX: APAAF) (FSE: A0I0, A0I0.F, A0I.MU, A0I.BE) recently provided an update on its newly acquired Cachoeirinha rare earths project (“PCH Project”) located near Iporá in the state of Goiás, Brazil. According to the announcement, the update results from a due diligence field visit and project review by Appia personnel, including Don Hains, an expert in industrial minerals. “Mineralization is widespread across the property with the most advanced target being a 2 km wide zone in the SW corner of the tenements known as Target 4,” said Don Hains, senior consulting geologist and QP. “The exploration work by…

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