NetworkNewsBreaks

TuesdayMar 05, 2024 2:10 pm

NetworkNewsBreaks – Software Effective Solutions Corp. (SFWJ) Ideally Poised Amid Growing Evidence of Cannabis’ Benefits and Safety

Software Effective Solutions (OTC: SFWJ) (d/b/a MedCana), a global infrastructure and holding company in the cannabis industry, is paying close attention to growing data showing the power of cannabis. “One recent study, conducted by postdoctoral research fellow Thomas Arkell, a PhD at Swinburne University of Technology in Melbourne, Australia, suggests that medical cannabis treatment may be associated with improvements in health-related quality of life among patients with a range of health conditions. The results of the study were published earlier this year by JAMA Network Open… This is just one of innumerable studies focused on cannabis… ‘Based on evidence currently…

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TuesdayMar 05, 2024 1:55 pm

NetworkNewsBreaks – FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A) Presents Positive Results on First-in-Human Phase 1 Study of Lucid-MS

FSD Pharma (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A), a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions, today announced its participation in Americas Committee for Treatment and Research in Multiple Sclerosis (“ACTRIMS”) 2024 Forum. Held during Feb. 29 - Mar 2, 2024, in West Palm Beach, Florida, the annual conference is the largest MS event of its kind in North America. Represented by its senior research and clinical development team and co-authored by several of its esteemed scientific advisors, FSD shared the results of its phase 1 clinical study. The results were displayed in a…

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TuesdayMar 05, 2024 1:35 pm

NetworkNewsBreaks – Zoned Properties Inc. (ZDPY) Marks Pivotal Step in Scaling D2C Real Estate Portfolio

Zoned Properties (OTCQB: ZDPY), a technology driven property investment company for emerging and highly regulated industries, including legalized cannabis, today announced that it has listed its cultivation property in Chino Valley, Arizona (the “Chino Valley Property”) for sale at a purchase price of $16 million. The potential transaction marks a significant development in the company’s strategic real estate portfolio optimization. “As part of our ongoing strategic review to enhance shareholder value, we are very pleased to announce our intention to sell our Chino Valley Property. The Chino Valley Property, which we now consider a non-core asset to our investment strategy,…

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TuesdayMar 05, 2024 1:09 pm

NetworkNewsBreaks – Sekur Private Data Ltd.’s (CSE: SKUR) (OTCQB: SWISF) (FRA: GDT0) Unparalleled Security Solutions Stop Attacks Before They Happen

Sekur Private Data (CSE: SKUR) (OTCQB: SWISF) (FRA: GDT0), a cybersecurity and internet privacy provider of Swiss-hosted solutions, offers a suite of secure cloud-based storage, disaster recovery, document management, encrypted email, and secure communication tools that do not rely on third-party cloud services. Sekur’s products include SekurMail(R) with SekurSend/SekurReply, SekurVPN (R), and SekurMessenger(R). “Sekur offers customers peace of mind – with all customer information remaining confidential and safely stored in Switzerland using military-grade security. All data, whether physical, network-based or encryption security, is stored in bank-approved, state-of-the-art ISO-certified data centers used by Swiss and global banks and most United Nations…

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MondayMar 04, 2024 2:38 pm

NetworkNewsBreaks – BioVie Inc. (NASDAQ: BIVI) to Secure ~$21M in Public Offering

BioVie (NASDAQ: BIVI) is a clinical-stage company developing innovative drug therapies to treat chronic debilitating conditions including liver disease and neurological and neuro-degenerative disorders. The company today announced the pricing of its best efforts public offering of 21,000,000 shares of its common stock (or pre-funded warrants in lieu thereof) and warrants to purchase up to 10,500,000 shares of common stock at a combined offering price of $1.00 per share (or pre-funded warrant) and associated warrant. The warrants will have an exercise price of $1.50 per share and will be immediately exercisable for a period of five years following the date…

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MondayMar 04, 2024 2:26 pm

NetworkNewsBreaks – Biofrontera Inc. (NASDAQ: BFRI) Closes on Private Placement Valued at Up to $16M

Biofrontera (NASDAQ: BFRI), a biopharmaceutical company specializing in the commercialization of dermatologic products, has closed on a securities purchase agreement. According to the announcement, the agreement is with healthcare-focused institutional investors led by Rosalind Advisors. The financing is for an initial $8 million with an additional $8 million second tranche, dependent on the company reaching specified milestones. The company noted that the funding, along with recent restructuring of a supply agreement, allow it to conduct planned research and development activities as well as support further commercial growth. “The company intends to use the upfront net proceeds from the private placement…

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MondayMar 04, 2024 1:05 pm

NetworkNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Reports Weight-Loss Results in Animal Study, Begins Eight-Week Follow-Up Study

Lexaria Bioscience (NASDAQ: LEXX, LEXXW), a global innovator in drug-delivery platforms, is reporting glucose reduction and weight-loss results in a testing of its wholly owned and patented DehydraTECH-CBD formulation. According to the announcement, when administered to rodents in an eight-week study, DehydraTech-CBD resulted in weight loss of 7% and a reduction of 19.9% (p<0.05) in blood glucose. As a result, Lexaria has now signed contracts to begin a large, multiweek animal study that will substantially progress its DehydraTECH-GLP-1 and DehydraTECH-CBD weight-loss investigations. In addition, the announcement also noted that the company had published results of a human study, which showed that a single…

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MondayMar 04, 2024 12:21 pm

NetworkNewsBreaks – Upstream Spotlights Its Dual Listing Program, Designed to Bridge the Gap Between International Investors and Companies

Upstream, a MERJ Exchange market and trading app, recently posted a blog article discussing the 12th episode of its “Upstream Up Close” series on Twitter Spaces. The series features 10–15 minute discussions on the exciting world of digital collectibles, Web3 and trading on the Upstream platform. Episode 12 delved into the Upstream Dual Listing Program. “[The program] is a key initiative offering companies that are listed on global stock exchanges such as NASDAQ, NYSE, OTC, Euronext, ASX, NSX, TSX, CSE etc., to dual list on Upstream and access a global investor base who can trade their shares from anywhere in…

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MondayMar 04, 2024 12:17 pm

NetworkNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Reports Amended Iska Iska Payment Schedule

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM), a leading exploration and mine development company, has amended the payment schedule for the remaining $10 million needed for the company to earn a 100% interest in the Iska Iska silver-tin polymetallic project in the Potosi Department, which is located in southern Bolivia. The amendment was made with the agreement of Empresa Minera Villegas S.R.L., which is the title holder of the Iska Iska project. According to the announcement, Eloro’s Bolivian subsidiary, Minera Tupiza S.R.L., has made advance payments of $4.9 million to date toward the $10 million option payment with the…

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MondayMar 04, 2024 11:57 am

NetworkNewsBreaks — Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Reports on MRE, Announces Participation at Upcoming Mining Event

Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) (FSE: A0I0), a publicly traded Canadian company in the rare earth element and uranium sectors, announced that it received an independent maiden Mineral Resource Estimate (“MRE”) for its Brazil ionic adsorption clay project. The maiden MRE shows the PCH project is estimated at 52.8 million tonnes (“Mt”) comprising 6.6 Mt Indicated resource with a grade of 2,513 parts per million total rare earth oxide (“TREO”) and 46.2 Mt Inferred resource with a grade of 2,888 ppm TREO. The MRE indicates that the deposit contains significant concentrations of neodymium, praseodymium, dysprosium and terbium,…

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