NetworkNewsBreaks

WednesdayAug 30, 2023 3:50 pm

NetworkNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) One of Three Quantum Computing Stocks Featured in InvestorPlace Article

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software and services, was one of three stocks listed in a recent InvestorPlace article. The article, titled “These Are the Only Quantum Computing Stocks to Consider in August 2023,” noted that generative AI has received a lot of attention this year but that quantum computing is likely to bring the real digital revolution. Calling quantum computing a “new technological revolution,” the article noted that the technology has the potential to leapfrog generative AI because quantum computers can better approximate how human brains function. Regarding D-Wave Quantum, the article recognized that…

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WednesdayAug 30, 2023 2:59 pm

NetworkNewsBreaks – Why GEMXX Corp. (GEMZ) Is ‘One to Watch’

GEMXX (OTC: GEMZ), a mine-to-market enterprise specializing in gold, gemstone and jewelry production, maintains control over every aspect of its production process, from gold mining and gemstone extraction to jewelry manufacturing and global distribution, with ownership of mineral resources, production facilities and operational assets. “As a prominent player in the industry, GEMXX stands out as a leading producer of high-quality finished ammolite jewelry. Notably, it holds the distinction of being the sole public company engaged in ammolite mining worldwide. In addition to its ammolite operations, the company is actively involved in gold mining and prides itself on its ability to…

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WednesdayAug 30, 2023 1:56 pm

NetworkNewsBreaks – Netlist Inc. (NLST) Secures $30M in Registered Direct Offering

Netlist (OTCQB: NLST), a pioneer in high performance memory technology, entered into a definitive securities purchase agreement for the purchase and sale of 11,111,112 shares of the company’s common stock and warrants to purchase 11,111,112 shares of common stock in a registered direct offering. According to the announcement, the shares of common stock were sold at a purchase price of $2.70 per share, and the offering closed on Aug. 17, 2023. The warrants have an exercise price of $3.20 per share, are immediately exercisable and will expire five years following the date of issuance. ROTH MKM acted as sole placement…

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WednesdayAug 30, 2023 1:28 pm

NetworkNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Announces Update on IND Application Progress

Lexaria Bioscience (NASDAQ: LEXX, LEXXW), a global innovator in drug delivery platforms, today provided an update on the status of its anticipated submission of an Investigational New Drug (“IND”) application with the U.S. Food and Drug Administration (“FDA”) for the company’s planned U.S. phase 1b hypertension clinical trial designated as HYPER-H23-1. As previously announced, work that was mostly under Lexaria’s control such as batch manufacturing of DehydraTECH(TM)-processed cannabidiol and placebo materials necessary for the IND application filing was completed earlier this year, followed by analytical release and ongoing stability testing. In parallel, the company and its service providers have been…

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WednesdayAug 30, 2023 1:19 pm

NetworkNewsBreaks – Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) Announces Robust Initial Inferred MRE for Iska Iska Project

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) today announced the inaugural mineral resource estimate (“MRE”) for the Iska Iska silver-tin polymetallic project in the Potosi Department of southwestern Bolivia. The MRE was prepared by independent qualified persons (“QPs”) with Micon International Limited as defined under National Instrument 43-101 (“NI-43-101”). According to the announcement, a technical report outlining the mineral resource estimation will be filed on Sedar within 45 days of the date of this release. “We are delighted with this initial MRE, which shows what a massive discovery Iska Iska is,” said Tom Larsen, CEO of Eloro. “The recent…

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WednesdayAug 30, 2023 1:03 pm

NetworkNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) K5 ASRs Deployed for Illinois-Based Casino and Fifth-Year Running for Huntington Park Police Department

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems, has announced a new deployment at an Illinois casino property utilizing a K5 ASR. In addition, the Huntington Park (California) Police Department renewed their contract for the fifth consecutive year for its K5 ASR. The announcement reads, “Casinos are a strong market segment that continue to thrive for Knightscope. Testimonials from entertainment and gaming professionals acknowledge the importance technology plays in helping security officers perform better, managing positive customer relationships and ensuring a memorable visitor experience with the highest levels of safety. And…

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WednesdayAug 30, 2023 12:55 pm

NetworkNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Releases Update on Stock Buyback Program, File Suit Against Schwab, TD Ameritrade for Naked Short Selling

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is reporting on its stock buyback program. The buyback program started on Aug. 16, 2023, and could go through Dec. 31, 2023. According to the announcement, the company has repurchased $5,610,600 in shares of its Mullen’s original announcement on Aug. 17, 2023. MULN’s board of directors approved the stock buyback program in July; approval allows the company to purchase up to $25 million in shares. The shares may be repurchased in the open market or in privately negotiated transactions. “As I have stated on many prior occasions, I believe that…

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WednesdayAug 30, 2023 12:43 pm

NetworkNewsBreaks — First Tellurium Corp. (CSE: FTEL) (OTC: FSTTF) Eyes Opportunity in Tellurium Space and the Future of Mineral Exploration

First Tellurium (CSE: FTEL) (OTC: FSTTF) is sure to strengthen its position in the tellurium market, projected to grow at a CAGR of 3.41% between 2022 and 2027 according to a 2023 Technavio analysis study. “‘The increased demand from the consumer electronics industry is notably driving market growth,’ stated the report. ‘Tellurium alloys are commercially used in various consumer electronics products. They offer potential solutions to a wide range of applications such as mobile phones, LED displays and projectors, wearable electronic devices, gaskets and lighting, and rollers. Additionally, factors such as the increasing urban population, rise in disposable income, strong…

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WednesdayAug 30, 2023 11:09 am

NetworkNewsBreaks — Renovaro BioSciences Inc. (NASDAQ: RENB) Congratulates GEDiCube on New Joint Effort Clinical Trials

Renovaro BioSciences Inc. (NASDAQ: RENB) (formerly NASDAQ: ENOB), an advanced, preclinical biotechnology firm in cell, gene and immunotherapy focused on solid tumors with short life expectancy, released a statement congratulating GEDiCube on its joint effort to accelerate early diagnosis of cancer in clinical trials. GEDiCube is partnering with NVIDIA Inception on clinical trials focused on advancing a unique platform for early cancer detection. The platform combines techniques for boosting the body’s natural tumor-fighting mechanisms with artificial intelligence and machine learning technology. “This is a natural fit for GEDiCube that will help us in our mission to detect cancer at its earliest stage,” said GEDiCube…

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WednesdayAug 30, 2023 10:17 am

NetworkNewsBreaks — Longeveron Inc. (NASDAQ: LGVN; LGVNR) Announces Participation at Upcoming National Investment Banking Association Conference

Longeveron (NASDAQ: LGVN; LGVNR), a clinical stage biotechnology company developing cellular therapies for life-threatening and chronic aging-related conditions such as hypoplastic left heart syndrome (“HLHS”), Alzheimer’s disease and aging-related frailty, will be presenting at the 149th annual Conference of the National Investment Banking Association. The annual conference is slated for Sept. 6–7, 2023, in Fort Lauderdale, Florida. According to the announcement, Longeveron CEO Wa’el Hashad will be providing an overview of the company, along with its cellular therapy programs. The company noted that its executive management team will also be at the presentation to discuss clinical trial progress and investment…

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