NetworkNewsBreaks Archive - Page 554 of 1741

ThursdayOct 21, 2021 12:56 pm

NetworkNewsBreaks – Asia Broadband Inc. (AABB) Enters Joint Venture Agreement for Producing Tequila Gold Mine Project

Asia Broadband (OTC: AABB) today announced its entry into a definitive joint venture agreement to secure a 75% interest in the Tequila Gold Mine Project and 100% of the current and future gold production from the property. According to the update, the company came to terms with owner Juan Enrique Michel Arambula Y Socios for the 66.6792-hectare concession # 219165, La Guadalupe, located approximately 70 kilometers north of Guadalajara near the town San Martin de las Canas in the municipality of Tequila, Jalisco, Mexico. In addition, negotiations are ongoing to add concessions to the Tequila Project joint venture. The Tequila property…

ThursdayOct 21, 2021 12:00 pm

NetworkNewsBreaks – Ideanomics Inc. (NASDAQ: IDEX) Announces Scheduled Release of Q3 2021 Financial Results, Conference Call

Ideanomics (NASDAQ: IDEX), a global company focused on the convergence of financial services and industries experiencing technological disruption, today announced the scheduled release of its 2021 third-quarter financial results on Monday, Nov. 15, 2021. According to the update, a press release will be issued at approximately 4 p.m. ET, followed by a conference call with management at 4:30 p.m. ET. IDEX’s senior management team will give prepared remarks followed by a question-and-answer session. Ideanomics is partnering with Say Technologies, a Robinhood Markets company, to enhance shareholder communication and will utilize Say Connect to solicit questions from investors ahead of the…

ThursdayOct 21, 2021 11:10 am

NetworkNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Unveils New Cannabis Wellness Brand

Flora Growth (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, and its Flora Lab division is launching Munzhi, a new cannabis wellness brand. The mass market brand will initially include 12 products, all certified by INVIMA, the Colombian branch of government that is equivalent to the United Stated Food and Drug Administration. The products will be distributed by five Colombian distributors, including Herson, Mintlab, Unidrogas, Roma and Axa, and will be available in an estimated 800 distribution points. Flora Lab is FLGC’s manufacturing and R&D division; Flora Lab is focused on development of pharmaceuticals,…

ThursdayOct 21, 2021 11:00 am

NetworkNewsBreaks – StraightUp Resources Inc. (CSE: ST) Acquires Historically Productive Mine in Nevada’s Bullfrog Boom Zone

StraightUp Resources (CSE: ST), a Canada-based mineral exploration and mining property acquisition company, recently announced the acquisition of the West Cat Mine. With this move, the company adds the historically productive mine located within the renowned Bullfrog boom zone of southwestern Nevada to its Ontario greenstone belt options. “Barrick Bullfrog Inc. produced about 2.3 million ounces of gold and more than 3 million ounces of silver during the 1990s from its property in the Bullfrog boom zone near Beatty, Nevada…. The area has generated new excitement among explorers in recent months, as demonstrated by South Africa-based gold miner AngloGold Ashanti’s…

ThursdayOct 21, 2021 10:44 am

NetworkNewsBreaks – Wildpack Beverage Inc. (TSX.V: CANS) (OTC: WLDPF) Featured in ROTH Equity Research Report

Wildpack Beverage (TSX.V: CANS) (OTC: WLDPF) was featured in a recent equity research report published by ROTH Capital Partners LLC. The report reads, “On October 19th, Wildpack announced a new initiative to help mid-market companies launch private label beverage lines, an effort that we believe could produce incremental, revenue for Wildpack at higher than average gross margins, as well as expand and diversify its customer base. We are maintaining our estimates and Buy rating, and will re-evaluate the potential impact when the initial trials are further along.”To request access to the full report, visit http://nnw.fm/l4RxdAbout Wildpack BeverageWildpack is engaged in…

ThursdayOct 21, 2021 10:26 am

NetworkNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Announces Strategic Board Appointment

Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF), a multistate cannabis operator and house of premium brands, today announced the appointment of strategic investor and entrepreneur Colby De Zen to its board of directors, effective upon completion of any applicable regulatory and/or other requirements. De Zen, one of the managing directors of the De Zen Family Office, which has deployed significant capital in the public and private sectors, brings a wealth of operational and executive management expertise to the company. “We are extremely fortunate to have developed such a strong relationship with the De Zen Group,” said Brad Rogers,…

ThursdayOct 21, 2021 10:05 am

NetworkNewsBreaks – Bassett Furniture Industries, Inc. (NASDAQ: BSET) Featured in Research Note from Sidoti

Corporate Update Bassett Furniture Industries (NASDAQ: BSET) was featured in a company-sponsored research note published by Sidoti & Company, LLC. The headline of the note reads, “Still Expect BSET To Benefit From Elevated Demand Though Temporary Cost Pressures Prompt Leaner EPS Forecasts; Maintain Moderately Risky Rating, $36 Price Target.” Click here to access the full report. About Bassett Furniture Industries Bassett Furniture Industries is a leading manufacturer and marketer of high quality home furnishings. With 97 company- and licensee-owned stores at the time of this release, Bassett has leveraged its strong brand name in furniture into a network of corporate and…

ThursdayOct 21, 2021 10:01 am

NetworkNewsBreaks – Trident Acquisitions Corp.’s (NASDAQ: TDAC) Proposed Business Combination Partner Announces Strong Preliminary Q3 2021 Revenues

Trident (NASDAQ: TDAC, TDACU, TDACW), a special purpose acquisition company, previously announced its entry into a definitive agreement with AutoLotto Inc. (doing business as “Lottery.com”), a leading platform to play the lottery online. The agreement allows Lottery.com to become a publicly listed company. Lottery.com today provided preliminary revenue results for its third quarter 2021, which are expected to be between $22.0 million and $24.0 million. The strong performance, which represents greater than 135% sequential revenue growth compared to $9.3 million in the second quarter of 2021, was driven by increased sales in the company’s B2B segment. “I am proud of…

ThursdayOct 21, 2021 9:54 am

NetworkNewsBreaks – Tryp Therapeutics Inc. (CSE: TRYP) (OTCQB: TRYPF) Announces Clinical Hold on Planned Eating Disorder Phase 2a Study

Tryp Therapeutics (CSE: TRYP) (OTCQB: TRYPF), a pharmaceutical company focused on developing psilocybin-based compounds for diseases with unmet medical needs, reported that the U.S. Food and Drug Administration ("FDA") has placed a clinical hold on its upcoming Phase 2a study for eating disorders. According to the announcement, the FDA did not cite a reason for the hold but would provide additional information regarding the hold in the next month. Although the study is now on hold, the company noted that it still expects to move forward with plans to file an IND for its Phase 2a study in fibromyalgia; that…

ThursdayOct 21, 2021 9:47 am

NetworkNewsBreaks – Digital World Acquisition Corp. (NASDAQ: DWAC) Merges with Trump Entity

Digital World Acquisition Corp. (NASDAQ: DWAC, DWACU), a blank check company, will be merging with a newly formed company created by former President Donald J. Trump. That company, Trump Media & Technology Group (“TMTG”), was formed by Trump to compete with the radical left media. The two companies combined to become a publicly listed company with a potential valuation of up to $1.7 billion. According to a statement from the company, DWACU’s objective is to create a “rival to the liberal media consortium” designed to compete with big-tech companies located in Silicon Valley that use their power to “silence opposing…

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