NetworkNewsBreaks

FridayDec 16, 2022 3:00 pm

NetworkNewsBreaks – HeartBeam Inc. (NASDAQ: BEAT) Adds Renowned Cardiologist to Help Define Best Paths to Advance Products

HeartBeam (NASDAQ: BEAT), a cardiac technology company, recently named a world-renowned interventional cardiologist with an impressive breadth of experience as its chief medical officer. “Stanford cardiologist Peter J. Fitzgerald, MD, PhD, will help HeartBeam continue to develop the first and only 3D-vector ECG platform for heart attack detection anytime, anywhere… Dr. Fitzgerald joins HeartBeam after gaining invaluable experience in the clinical, research and industry sectors. An accomplished inventor, entrepreneur and investment-fund founder, Dr. Fitzgerald is serving as director of the Center for Cardiovascular Technology and director of the Cardiovascular Core Analysis Laboratory at Stanford University Medical School,” a recent article…

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FridayDec 16, 2022 2:46 pm

NetworkNewsBreaks – Correlate Infrastructure Partners Inc. (CIPI) Committed to Facilitating Improvements in Greenhouse Gas Reduction

Correlate Infrastructure Partners (OTCQB: CIPI) is a tech-enabled development, finance and fulfillment platform for distributed energy solutions across North America. “Correlate is committed to facilitating improvements in greenhouse gas reduction through efforts by its subsidiaries to advise the commercial real estate industry (companies that develop and rent out commercial building properties) on opportunities to change their carbon pollutant output and help them implement those changes with available financing solutions. The Inflation Reduction Act (‘IRA’) recently passed by the Biden administration is credited for opening up financing for a large number of pollution-reducing, climate-positive efforts through energy-related tax credits,” a recent…

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FridayDec 16, 2022 2:22 pm

NetworkNewsBreaks – Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) Positioned to Form Part of Cornerstone for Upcoming Generation of EVs

Hillcrest (CSE: HEAT) (OTCQB: HLRTF), a clean tech company focused on developing transformative power conversion technologies, has centered its energies on creating solutions that have the potential to unlock efficiencies in electrification and maximize the performance of integrated electric systems. “Hillcrest’s revolutionary technology seeks to eliminate traditional design tradeoffs faced across the power industry – in which deploying higher switching frequencies has historically resulted in a greater increase in losses. Since Hillcrest’s inverter technology materially eliminates switching losses, it makes higher switching frequencies feasible, enabling improved output power quality and a reduction in DC-link capacitor size. In turn, this can…

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FridayDec 16, 2022 2:11 pm

NetworkNewsBreaks – CubCrafters Inc. Eyes Soaring Opportunity in Light and Ultralight Aircraft Sector

CubCrafters, a best-in-class backcountry aircraft producer, is leveraging the anticipated growth of the light and ultralight aircraft market. The sector is projected to grow from $7.5 billion in 2022 to $11.9 billion in 2030, driven by the increasing number of backcountry enthusiasts. “‘Light aircraft’ is classified as any aircraft with a maximum gross takeoff weight of 12,500 pounds or less and most commonly used for general aviation purposes,” a recent article explains. “The company focuses on four main product lines – the Carbon Cub FX, NXCub, XCub, and Carbon Cub EX kits. The models are built to be lightweight and…

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FridayDec 16, 2022 12:41 pm

NetworkNewsBreaks – Lelantos Holdings Inc. (LNTO) Issues Update on Official Merger, Acquisition of Lelantos Energy

Lelantos Holdings (OTC: LNTO), formerly ProConcept Marketing Group Inc., has announced an update in regard to finalizing its merger, which is intended to fully complete the process of establishing Lelantos Holdings as a public entity on the OTC Market. Previously approved by FINRA for its name change, symbol change and reverse split, the company currently trades under the symbol LNTO. On Nov. 14, 2022, Lelantos Holdings Inc., a Florida entity, filed the required Articles of Merger merging Lelantos Holdings Incorporated, a Nevada corporation, into the company with a requested effective date of Nov. 22, 2022. However, due to current processing…

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FridayDec 16, 2022 12:15 pm

NetworkNewsBreaks – BiondVax Pharmaceuticals Ltd. (NASDAQ: BVXV) Releases Pricing on Public Offering, Expects to Raise $8M

BiondVax Pharmaceuticals (NASDAQ: BVXV), a biotech company focused on developing, manufacturing and commercializing innovative immunotherapeutic products primarily for the treatment of infectious and autoimmune diseases, announced the pricing of its underwritten public offering. According to the announcement, the company anticipates gross proceeds from the offering, which consists of 1,600,000 units and prefunded units, to reach an estimated $8 million. The company specified that each unit consists of one American Depositary Share (“ADS”) and two warrants; one warrant will expire three years from the date of issuance with the second warrant set to expire one year from the date of issuance.…

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FridayDec 16, 2022 11:18 am

NetworkNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) to Contribute to Domestic Energy Security, Supply U308 to US Uranium Reserve

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S. producer of uranium and rare earth elements (“REE”), today announced that it has been awarded a contract to sell $18.5 million of natural uranium concentrates (“U3O8”) to the U.S. government for the establishment of a strategic “Uranium Reserve.” The U.S. National Nuclear Security Administration (“NNSA”), an office within the U.S. Department of Energy (“DOE”), is tasked with purchasing domestic U3O8 and conversion services for the Uranium Reserve, intended as a backup source of supply for domestic nuclear power plants in the event of a significant market disruption. “Energy Fuels is…

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FridayDec 16, 2022 10:24 am

NetworkNewsBreaks – InMed Pharmaceuticals Inc. (NASDAQ: INM) Shares Annual General Meeting Results

InMed Pharmaceuticals (NASDAQ: INM), a leader in the pharmaceutical research, development and manufacturing of rare cannabinoids and cannabinoid analogs, is reporting on the results of its 2022 annual meeting. The meeting of shareholders was held Dec. 15, 2022. During the meeting, shareholders considered and voted on all matters outlined in InMed’s notice of meeting and management information circular. Specifically, the election of directors was held, and shareholders approved the election of all director nominees to hold office until the next annual meeting of shareholders. Those directors included Eric Adams, Andrew Hull, Janet Grove, Bryan Baldasare, and Nicole Lemerond. To view…

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ThursdayDec 15, 2022 3:53 pm

NetworkNewsBreaks – MICT Inc. (NASDAQ: MICT) Regains Compliance with Nasdaq Listing Requirements

MICT (NASDAQ: MICT), which recently acquired the operating business and assets of Tingo (OTC: TMNA) (“Tingo Mobile Limited” or “Tingo Mobile”), announced that it has received a bid price compliance letter from the Nasdaq Stock Market LLC. The letter informs MICT that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) for continued listing on the Nasdaq. MICT was previously notified that it was not in compliance with the rule due to its common stock failing to meet the closing bid price of $1.00 or more for 30 consecutive business days. To regain compliance,…

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ThursdayDec 15, 2022 3:17 pm

NetworkNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Announces New ASR Deployment to One of Nation’s Largest Parking Service Providers

Knightscope (NASDAQ: KSCP), a developer of advanced physical monitoring technologies focused on enhancing U.S. facility operations, has partnered with ABM Industries Inc. (NYSE: ABM) to provide surveillance and security at an international airport parking facility. ABM is one of the nation’s largest parking service providers; the company has built a reputation as a leading provider of integrated facility services, parking and transportation management solutions, as well as electric vehicle (“EV”) charger installations. As part of the partnership, Knightscope is introducing innovative new automated monitoring measure and parking infrastructure improvements. According to the announcement, Knightscope Autonomous Security Robots (“ASRs”) will navigate and monitor…

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