NetworkNewsBreaks

TuesdayFeb 14, 2023 11:32 am

NetworkNewsBreaks – Cybin Inc. (NEO: CYBN) (NYSE American: CYBN) Releases Q3 Financial Report, Corporate Highlights

Cybin (NEO: CYBN) (NYSE American: CYBN), a biopharmaceutical company focused on progressing Psychedelics to Therapeutics(TM), is reporting on its third quarter performance as well as recent business highlights; the report is for the period ended Dec. 31, 2022. In the report, the company noted that it had received approval from an independent ethics committee in the Netherlands to begin the first-in-human dosing of its CYB004 through a protocol amendment to its ongoing phase 1 CYB004-E trial; CYB004 is the company’s proprietary deuterated N,N-dimethyltryptamine (“DMT”) molecule. The company is also making progress on its phase 1/2a clinical trial evaluating CYB003 for the potential treatment…

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TuesdayFeb 14, 2023 11:15 am

NetworkNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Announces Promising Data for Casiterita and Iska Iska Properties

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) today announced results of additional modeling of ground magnetic data and completion of an initial Induced Polarization/Resistivity survey (“IP/Res”) on the Casiterita property adjoining the Iska Iska Silver-Tin Polymetallic property to the southwest. The new data, combined with previous magnetic modeling and borehole IP/Res surveys (“BHIP”) on Iska Iska, have significantly enhanced the understanding of the overall geological environment on both properties and outlined major new targets for exploration on the optioned Casiterita. “Geophysics continues to be a very effective exploration tool at Iska Iska and now at the Casiterita property,” said…

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TuesdayFeb 14, 2023 10:48 am

NetworkNewsBreaks – CISO Global Inc. (NASDAQ: CISO) Shares Details on Proposed Public Offering

CISO Global Inc. (NASDAQ: CISO), formerly Cerberus Cyber Sentinel Corp., an industry leader in global cybersecurity and compliance services based in Scottsdale, Arizona, today commenced an underwritten public offering of its common stock, with Cantor Fitzgerald & Co. acting as the sole book-running manager. According to the release, the company intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of its common stock offered in the public offering. CISO aims to utilize proceeds from the offering toward a variety of general corporate purposes, including working capital, capital expenditures, repayment and refinancing…

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TuesdayFeb 14, 2023 10:38 am

NetworkNewsBreaks – Sonnet BioTherapeutics Holdings Inc. (NASDAQ: SONN) Releases Pricing of Underwritten Public Offering to Total Estimated $15M

Sonnet BioTherapeutics (NASDAQ: SONN), a clinical-stage company developing innovative targeted biologic drugs, is reporting the pricing of its underwritten public offering; the offering consists of 13,888,888 shares of common stock or common stock equivalents, including prefunded warrants to purchase shares of common stock in lieu of shares of common stock and investor warrants to purchase up to an aggregate of 27,777,776 shares of common stock. According to the announcement, the common stock shares (or prefunded warrants in lieu thereof) are being combined and sold with one investor warrant enabling the purchase of two shares of common stock at a combined…

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MondayFeb 13, 2023 3:03 pm

NetworkNewsBreaks – EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF) Poised to Cement Its Status as North American Leader in RNG

EverGen (TSX.V: EVGN) (OTCQX: EVGIF), a leading Canadian renewable energy company and Canada’s renewable natural gas (“RNG”) infrastructure platform, owns three projects in its home province of British Columbia and moved eastward in 2022, making large investments in projects in Alberta and Ontario. “Moving East, EverGen completed its acquisition of a 67% interest in Alberta’s Grow the Energy Circle Ltd., GrowTEC for short, which is currently in the first phase of a core RNG expansion project designed to produce ~80,000 GJ/year of RNG. The facility will then move into the second phase of the project, which is expected to produce…

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MondayFeb 13, 2023 2:52 pm

NetworkNewsBreaks – Cepton Inc. (NASDAQ: CPTN) Launches Epitome of Everything That Matters in Lidar Manufacturing

Cepton (NASDAQ: CPTN) recently announced the launch of its latest innovative product: a new game-changing lidar called Vista(R)-X120 Plus. “Building on Cepton’s existing Vista-X90 lidar – an already established, groundbreaking automotive-grade lidar expected to be deployed in the company’s flagship ADAS lidar series production program – the Vista-X120 Plus aspires to raise another bar in the lidar market. With a reported 500% increase in data rate, 30° wider field of view, over 20% reduction in size, and 50% reduction in height, the Vista-X120 Plus appears to be the epitome of everything that matters in lidar manufacturing: safety, autonomy, software definability,…

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MondayFeb 13, 2023 2:38 pm

NetworkNewsBreaks – REZYFi Inc. Using Diversified Approach to Real Estate Lending Sector

REZYFi, a growth mortgage origination and specialized financing company in the United States, is at the forefront of cannabis and real estate. “REZYFi originates, structures and invests in first mortgage loans and alternative structured financing secured by commercial real estate properties. REZYFi’s target market includes licensed and permitted cannabis companies, owners of real estate who lease to cannabis companies, and companies and individual homeowners seeking a variety of real estate-related first and additional mortgage-based financing… REZYFi operates through two wholly owned subsidiaries and is positioned as one of the first cannabis mortgage bankers in the United States, an area most…

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MondayFeb 13, 2023 12:46 pm

NetworkNewsBreaks – Silo Pharma Inc. (NASDAQ: SILO) Files Patent for Treatment of Alzheimer’s

Silo Pharma (NASDAQ: SILO), a developmental stage biopharmaceutical company focused on merging traditional therapeutics with psychedelic research, today announced that it has filed a provisional patent application for the use of its central nervous system (“CNS”) homing peptides to treat Alzheimer’s disease and the onset of dementia. Alzheimer’s has proven to be a progressive neurodegenerative disorder associated with the destruction of higher brain structures, such as those involved in cognition and memory function. The disease leads to declines and deficits in memory, learning, language and the ability to perform intentional and purposeful movements and is accompanied by concomitant behavioral, emotional,…

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MondayFeb 13, 2023 12:31 pm

NetworkNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Completes Acquisition of the Bahia Project

Energy Fuels (NYSE American: UUUU) (TSX: EFR) today announced completion of its acquisition of 17 mineral concessions between the towns of Prado and Caravelas in the state of Bahia, Brazil, totaling 15,089.71 hectares (approximately 37,300 acres or 58.3 square miles). According to the announcement, closing of the “Bahia Project” followed the Brazilian Government’s approval of the transfers to Energy Fuels’ wholly owned Brazilian subsidiary Energy Fuels Brazil, Ltda. At the closing, Energy Fuels paid the mineral owners the remaining $21.9 million cash. “Energy Fuels has achieved yet another important milestone for our expanding rare earth business through our acquisition of…

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MondayFeb 13, 2023 11:56 am

NetworkNewsBreaks – Electronic Servitor Publication Network Inc. (XESP) Names New President

Electronic Servitor Publication Network (OTCQB: XESP), a managed digital engagement solutions company, announced the appointment of a seasoned veteran as its new president and CEO. Peter Hager, who has an impressive three-decade track record of cross-industry experience, will be taking over leadership of the company. Hager comes from Pointward Inc., a medtech customer agency company that he founded, which provided business solutions to drive market entry, commercialization, and growth for Fortune 500 healthcare brands and medtech startups looking to improve the quality of healthcare. Prior to that, Hager founded and served as a director for several technology, professional services and…

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