NetworkNewsBreaks

TuesdayNov 07, 2023 4:23 pm

NetworkNewsBreaks – FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A) Releases Status Update on Proposed Celly Nu Dividend Distribution

FSD Pharma (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A), a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions, will soon be announcing the record date for the company's special dividend of shares of Celly Nutrition Corp. According to the announcement, Celly Nu is the holder of exclusive rights to FSD Pharma's revolutionary recreational alcohol misuse technology. Based on a previously announced arrangement, FSD Pharma shareholders will become Celly Nu shareholders, assuming certain conditions and approvals are met. The arrangement calls for common shares in the capital of Celly Nutrition to be distributed to FSD Pharma securityholders…

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TuesdayNov 07, 2023 4:13 pm

NetworkNewsBreaks – American Resources Corporation (NASDAQ: AREC), Royalty Management Holding Co. (NASDAQ: RMCO) Complete Merger, Announce Commencement of Nasdaq Trading

American Resources (NASDAQ: AREC) is a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace. The company announced that the special purpose acquisition vehicle it had sponsored, American Acquisition Opportunity Inc., has successfully closed its acquisition of Royalty Management Co (“RMC”). Royalty Management Holding Co. (NASDAQ: RMCO, RMCOW), a royalty company building shareholder value to benefit both its shareholders and communities by acquiring and developing high value assets in a sustainable market environment, announced its commencement of trading under the ticker RMCO and RMCOW, effective…

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TuesdayNov 07, 2023 2:51 pm

NetworkNewsBreaks – Pineapple Financial Inc. (NYSE American: PAPL) Secures $3.5M in IPO

Pineapple Financial (NYSE American: PAPL), Canada’s tech-focused mortgage brokerage with an integrated network of partner brokerages and agents across the country, recently announced the closing of its initial public offering of 875,000 common shares, each at a public offering price of $4.00. The aggregate gross proceeds to Pineapple Financial are $3.5 million, before deducting underwriting discounts and other offering expenses. The company’s common shares began trading on the NYSE American Exchange under the ticker symbol PAPL on Nov. 1, 2023. EF Hutton, a division of Benchmark Investments LLC, acted as the sole book-running manager, and Dominari Securities LLC acted as…

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TuesdayNov 07, 2023 2:42 pm

NetworkNewsBreaks – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Announces Significant Milestone for Its PCH Project in Brazil

Appia (CSE: API) (OTCQX: APAAF) (FSE: A0I0) today announced that it has engaged SGS Geological Services (“SGS”) to prepare a comprehensive NI 43-101 technical report on Appia’s PCH Rare Earths Ionic Clay Project including a Maiden Mineral Resource Estimate (“MRE”) on target IV. The move marks a significant step forward in the exploration and potential development of the PCH Project, which is located approximately 30 km (about 18.64 mi) from Iporá, Goya’s state Brazil. The project is situated within a region well known for its significant mineral exploration potential, mining activity and well-developed infrastructure. “Appia’s collaboration with SGS marks an important…

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TuesdayNov 07, 2023 2:27 pm

NetworkNewsBreaks – Electronic Servitor Publication Network Inc. (XESP) to Acquire Assets of PhiTech Management LLC

Electronic Servitor Publication Network (OTCQB: XESP), a digital engagement company and market disruptor, today announced that its board of directors has authorized and approved the purchase of the assets of PhiTech Management, a digital activation and engagement technology company. PhiTech provides workflow applications designed to connect people with customized content through dynamic provisioning creating relevant digital relationships. The acquisition terms include PhiTech’s Digital Engagement Engine(TM), a sophisticated tech stack built on microservices architecture that helps companies enhance the reach and lift of their content to targeted and new audiences. XESP previously accessed PhiTech technologies, processes and support through a licensing…

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TuesdayNov 07, 2023 1:27 pm

NetworkNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) to Present at Red Cloud’s 2023 Fall Mining Showcase

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) has announced its participation at Red Cloud’s 2023 Fall Mining Showcase. The annual conference is slated to take place at the Sheraton Centre Toronto Hotel Nov. 7-8, 2023. Ucore’s chairman and CEO Pat Ryan will be presenting beginning at 4:20 p.m. EST on Nov. 8. Interested parties should visit https://nnw.fm/P2MW4 for more details and/or to register for the event. To view the full interview, visit https://nnw.fm/85leq About Ucore Rare Metals Inc. Ucore is focused on rare- and critical-metal resources, extraction, beneficiation and separation technologies with the potential for production, growth and scalability. Ucore’s…

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TuesdayNov 07, 2023 12:33 pm

NetworkNewsBreaks — PaxMedica Inc. (NASDAQ: PXMD) Phase 2 Study Results Published in Peer-Reviewed Journal

PaxMedica (NASDAQ: PXMD), a biopharmaceutical company focused on advancing treatments for neurological disorders, is reporting that its phase 2 study research exploring the potential of low-dose suramin intravenous infusions as an autism spectrum disorder (“ASD”) treatment has been published. According to the announcement, the findings from the study were published in the “Annals of General Psychiatry.” The company noted that the research had been led by PaxMedica CMO Dr. David Hough, who worked with a team of renowned ASD specialists. The research was based on a comprehensive, 14-week randomized, double-blind, placebo-controlled study with 52 participants diagnosed with moderate to severe…

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TuesdayNov 07, 2023 12:23 pm

NetworkNewsBreaks – Turbo Energy S.A. (NASDAQ: TURB), Leroy Merlin Collaborate to Further Drive Adoption of Photovoltaic Energy in Spain

Turbo Energy (NASDAQ: TURB), a leader in photovoltaic energy storage, today announced a strategic alliance with French multinational retailer Leroy Merlin to include Turbo’s residential photovoltaic product, Sunbox, in Leroy Merlin’s range of products available in Spain. According to the announcement, the collaboration represents a significant milestone for Turbo Energy and is expected to solidify its position as a pioneer in the field of solar energy in Spain. Turbo Energy’s flagship product, Sunbox, is an innovative all-in-one A.I. solution that integrates all necessary electronics to harness solar energy and provide clean, sustainable and free electricity to homes and businesses. Leroy…

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TuesdayNov 07, 2023 12:00 pm

NetworkNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) CEO Shares Open Letter to Shareholders

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”) is a technology company with a custom-developed Fr8App, an industry-leading freight-matching platform powered by AI and machine-learning offering a real-time portal for B2B cross-border shipping and domestic shipping within the USMCA region. The company today released an open letter from its CEO Javier Selgas addressing concerns regarding recent fluctuations in stock values. “In recent times, we’ve received inquiries about the downward trajectory of our stock... As the CEO of Fr8Tech, I hold your concerns in the highest regard. My paramount duty is to steer our company toward the realization of our objectives, and as I…

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TuesdayNov 07, 2023 10:32 am

NetworkNewsBreaks – Clene Inc. (NASDAQ: CLNN) Announces Q3 2023 Financial Results, Operating Highlights

Clene (NASDAQ: CLNN) (along with its subsidiaries, “Clene”) and its wholly owned subsidiary Clene Nanomedicine Inc., today released its third quarter 2023 financial results and provided recent operating highlights for its ALS clinical program. Among the highlights, the company reported statistically significant improved survival benefit of 19.3 months and significantly delayed clinical worsening in patients treated with CNM-Au8(R) in the RESCUE ALS open-label extension trial. “We are pleased to be approaching a meaningful regulatory discussion with the U.S. Food and Drug Administration (‘FDA’) later in the fourth quarter to elucidate key next steps in our ALS regulatory submission of CNM-Au8,”…

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