NetworkNewsBreaks

WednesdayOct 25, 2023 10:47 am

NetworkNewsBreaks – InMed Pharmaceuticals Inc. (NASDAQ: INM) Enters Agreements for Private Placement, Preferred Investment Options

InMed Pharmaceuticals (NASDAQ: INM), a leader in the pharmaceutical research, development, manufacturing and commercialization of rare cannabinoids and cannabinoid analogs, has entered into a definitive agreement for the issue and sale of more than 3 million common shares, or prefunded warrants in lieu thereof. Specifically, the company agreed to a private placement of 3,012,049 common shares priced at $0.83 per share. In addition, the company entered an agreement for an associated preferred investment option as well as a definitive agreement regarding specific outstanding preferred investment options issued in November 2022. The announcement outlines specifics of the agreement. The company also…

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TuesdayOct 24, 2023 12:37 pm

NetworkNewsBreaks – International Mining and Resources Conference 2023 Agenda Has ‘Something for Everyone’

The International Mining and Resources Conference (“IMARC”) is forecast to be the largest ever, with mining and resource leaders coming from around the world. The three-day event is slated for Oct. 31–Nov. 2, 2023, and will be held in Sydney. This year’s agenda features more than 520 speakers and 120-plus exhibitors. Expert presenters come from global giants such as BHP, Fortescue, MMG, Gold Fields, Wesfarmers, Worley, Perenti, IGO, the U.S. Departments of Energy and Defense, and the ICMM. Speakers and presentations will include topics such as Digital Transformation and Innovation; Sustainability, Social Value, Environmental Resilience, People and Culture; Trade, Investment…

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TuesdayOct 24, 2023 12:31 pm

NetworkNewsBreaks – HyperSense Software Expands Footprint to Bring Innovative Solutions to the Windy City

HyperSense, a renowned global provider of software development and digital transformation solutions, today announced the opening of its new office in Chicago, marking a significant expansion in its U.S. presence. The move demonstrates HyperSense’s commitment to bringing its unparalleled expertise closer to clients in diverse industries including fintech, health care, e-learning, manufacturing and IT/software. The expansion comes on the heels of HyperSense’s continued recognition with several “Top Development Company” awards from Clutch and prestigious membership in the Forbes Business Council. “Chicago is a vibrant hub of innovation and business growth,” said Andrei Neacsu, CTO of HyperSense. “We are thrilled to…

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TuesdayOct 24, 2023 12:22 pm

NetworkNewsBreaks – InMed Pharmaceuticals Inc. (NASDAQ: INM) to Advance INM-901 Following Positive Proof-of-Concept Results

InMed Pharmaceuticals (NASDAQ: INM), a leader in the pharmaceutical research, development, manufacturing and commercialization of rare cannabinoids and cannabinoid analogs, today announced its selection of a lead Alzheimer’s disease drug candidate, named INM-901, following positive results from several proof-of-concept studies in a validated Alzheimer’s treatment model. InMed will be advancing cannabinoid analog INM-901 in its pharmaceutical drug development program. “The most recent studies of INM-901 demonstrate promising disease-modifying effects in an Alzheimer’s disease treatment model,” said Dr. Eric Hsu, InMed’s SVP of preclinical research and development. “We are optimistic that the next stage of studies will continue to show how…

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TuesdayOct 24, 2023 12:12 pm

NetworkNewsBreaks — Longeveron Inc. (NASDAQ: LGVN; LGVNR) Top-Line Results from Phase 2a Trial Spotlighted in Latest NNA Release

Longeveron (NASDAQ: LGVN), 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, is featured in a recent NetworkNewsAudio (“NNA”) broadcast. The segment focuses on the company’s most recent announcement of its topline results from the CLEAR Mind phase 2a clinical trial of LGVN’s Lomecel-B(TM) for the treatment of mild Alzheimer's disease. According to the segment, the Lomecel-B study met its primary safety endpoint and is supported by lack of deterioration in cognitive or atrophy signals. The encouraging results will be used as a foundation…

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TuesdayOct 24, 2023 11:44 am

NetworkNewsBreaks – GEMXX Corporation (GEMZ) Releases Gold Production Report for BC-Based Snow Creek Test Mine Site

GEMXX (OTC: GEMZ), a leader in the ammolite gemstone mine-to-market segment and a 50% partner in Canadian gold-exploration company Crazy Horse Mining Inc. (“CHMI”), has successfully completed its third and final clean-out and recording of gold production at the Snow Creek Mine site for the 2023 mining season. According to the announcement, GEMXX and CHMI have processed 31,200 cubic yards of gold-bearing ore during the 2023 test season; those results met all expectations, the report noted, and are positive considering much of the material used during the test program was surface “gold bearing ore” that had been stockpiled when making…

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TuesdayOct 24, 2023 11:06 am

NetworkNewsBreaks – Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) Executes Initial Drill Program at Ruby Graphite Project

Reflex (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) today announced completion of its 2023 phase one drill program at its Ruby Graphite Project near Dillon, Montana. The program’s impressive efficiencies allowed the company to complete 22 holes, surpassing the originally planned 16 holes, with all reaching an average depth of 150 meters. The company’s geological team is now focused on data compilation, with assay results expected in the first quarter of 2024. “The team is very pleased with how much we have been able to accomplish during phase one of our drill program,” said Paul Gorman, CEO of Reflex Advanced Materials.…

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TuesdayOct 24, 2023 10:29 am

NetworkNewsBreaks – Diamond Lake Minerals Inc. (DLMI) Announces E! TV Founder as Newest Strategic Advisor, Becomes IBN Client Partner

Diamond Lake Minerals (OTC: DLMI), a leading multistrategy operating company specializing in the development and support of digital assets and SEC-registered security tokens, has named a new strategic advisor: Larry Namer. Renowned for his influential contributions to cable television, live events, music and new media, Namer brings an impressive five decades of experience to his new responsibilities, including cofounding E! Entertainment Television. According to the announcement, he was the visionary behind Comspan Communications, a company he founded that played a fundamental role in introducing Western forms of entertainment to the former Soviet Union; Steeplechase Media, which was the primary consultant…

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MondayOct 23, 2023 2:27 pm

NetworkNewsBreaks – Webuy Global Limited (NASDAQ: WBUY) Closes on Public Offering Resulting in $15.2M

Webuy Global (NASDAQ: WBUY), a Southeast Asian community e-commerce retailer, has closed on its initial public offering. The offering was comprised of 3,800,000 ordinary shares priced at at $4 per share. The public offering resulted in approximately $15.2 million in gross proceeds for Webuy before standard deductions and expenses. According to the announcement, Webuy also granted underwriters a 45-day option to purchase up to an additional 570,000 ordinary shares at the same price. Webuy plans to use the funds from the offering for marketing, development and business expansion purposes as well as for working capital and general corporate expenses. The…

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MondayOct 23, 2023 12:41 pm

NetworkNewsBreaks – VenHub Unveiling New Dawn in Retail with Launch of the Alpha Smart Store

VenHub, on Oct. 25, 2023, will shatter the glass ceiling of retail innovation. Not just launching a product, VenHub is launching the future of retail at its grand opening in Pasadena, California. The VenHub Alpha Smart Store will be unveiled for the first time to a sold-out crowd of visionaries, leaders and enthusiasts, gathering from around the globe to witness this magical event. “We’ve always believed in pushing the envelope,” said Shahan Ohanessian, CEO of Autonomous Solutions, Inc., the parent company of VenHub. “With the Alpha Smart Store, we’re not just pushing it; we’re catapulting it into a different stratosphere…

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