NetworkNewsBreaks Archive - Page 631 of 1737

WednesdayJul 28, 2021 10:14 am

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) (FSE: PQCF) Announces Completion of FEED Study for Plant Employing CORT Process

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF) (FSE: PQCF), an integrated oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, today announced that the Front End Engineering and Design (“FEED”) Study for a proposed 5,000 barrels of oil per day (“bopd”) production facility employing Petroteq’s Clean Oil Recovery Technology (“CORT”) process has been completed by Crosstrails Engineering LLC. The study is expected to be delivered to Petroteq later this week. This FEED encompasses a production train capable of processing 5,000 bopd from mined oil sands ore. Petroteq anticipates that this FEED can become the starting…

WednesdayJul 28, 2021 10:04 am

NetworkNewsBreaks – Net Element Inc. (NASDAQ: NETE) Updates Shareholders, Announces Registration Statement for Proposed Merger Declared Effective by SEC

Net Element (NASDAQ: NETE), a financial technology company in the process of becoming a pure-play electric vehicle (“EV”) manufacturer through a pending definitive agreement with privately held Mullen Automotive Inc., has shared key updates with shareholders. Earlier this year, the company purchased more than 100 acres along with a 120,000-square-foot facility, which will become the company’s Advanced Engineering and Manufacturing Center and Proving Grounds (“AMEC”); the property is located in Tunica, Mississippi. The company intends to construct a 700,000-square-foot body shop, paint shop, warehouse and test track to complete an automotive campus with more than 820,000 square feet of building space and the…

WednesdayJul 28, 2021 9:43 am

NetworkNewsBreaks – Kaival Brands Innovations Group Inc. (KAVLD) Announces Approval to Trade on Nasdaq Exchange

Kaival Brands (OTCQB: KAVLD), the exclusive global distributor of products manufactured by Bidi(R) Vapor LLC, has received approval from the Nasdaq Stock Market LLC to list the company’s common stock on the Nasdaq Market; the listing will be effective beginning Thursday, July 29, 2021. The announcement noted that the company’s ticker symbol, KAVL, will remain unchanged. The announcement noted that Bidi Vapor’s founding mission is to provide recreational, noncombusted alternatives for adult cigarette smokers including the BIDI(R) Stick and the BIDI(R) Pouch. “I am pleased to announce that the company has been approved to begin trading on Nasdaq,” said Kaival…

TuesdayJul 27, 2021 3:45 pm

NetworkNewsBreaks – Predictive Oncology Inc. (NASDAQ: POAI) Eyes Expanded Customer Base, Multiple Collaborations, Fulfillment of Researchers’ Needs

Predictive Oncology (NASDAQ: POAI), a knowledge-driven company focused on applying artificial intelligence (“AI”) to personalized medicine and drug discovery, recently announced that two of its four subsidiaries, Soluble Biotech and TumorGenesis, are expanding their services with the construction of new good manufacturing practices (“GMP”) laboratories. For Soluble Biotech, the GMP facility ramps up its formulation solutions and stability services so the company can rapidly provide clinical-trial-ready formulations to its customers. The lab will also be utilized to produce proprietary media used in its chromatography kits. A recent article reads, “Dr. Larry DeLucas, VP of Operations at Predictive Oncology, said he…

TuesdayJul 27, 2021 3:33 pm

NetworkNewsBreaks – MedSmart Group Inc. (MSGP) Announces New Vision and Direction, Planned Acquisition of Autonomous and Robotic Systems Leader Milanion

MedSmart Group (OTC: MSGP) today officially announced the appointment of its new president, Davinder Dogra, along with a new strategic vison and direction leading to the acquisition of Milanion Limited, the leading developer of disruptive autonomous and robotic solutions. According to the update, Milanion is an integrated defense and security technology company that designs and manufactures advanced defense equipment and systems in the autonomous and robotics sector. Milanion utilizes the latest artificial intelligence (“AI”) technologies, developed to support a range of unmanned autonomous and electric vehicle (“EV”) platforms, to create the most effective, efficient battle-ready systems for land, marine and…

TuesdayJul 27, 2021 3:27 pm

NetworkNewsBreaks – RCI Hospitality Holdings, Inc. (NASDAQ: RICK) Featured in Corporate Update from Sidoti

RICK Announces Agreement For 11 Clubs RCI Hospitality Holdings (NASDAQ: RICK) was featured in a company-sponsored research corporate update note published by Sidoti & Company, LLC. The report reads, “While not in our forecast, we estimate this could add about $0.68 to EPS on a run rate basis” To access the full report, visit https://nnw.fm/nuryx About RCI Hospitality Holdings, Inc. With more than 40 units, RCI Hospitality Holdings, Inc., through its subsidiaries, is the country's leading company in gentlemen's clubs and sports bars/restaurants. Clubs in New York City , Chicago , Dallas/Ft. Worth , Houston , Miami , Minneapolis ,…

TuesdayJul 27, 2021 3:15 pm

NetworkNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Announces Q1 2021 Financial Results

Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF), a multistate cannabis operator and house of premium brands, today announced its 2021 first quarter financial results and subsequent events. “This was another great quarter for the company as we continued to see strong traction for our brands,” said Brad Rogers, RWB’s chairman & CEO. “We are building on that momentum and working towards finalizing our revised asset purchase of our Michigan investee to bring their revenue, as well as adjusted sales into IFRS revenue format before the end of this current quarter. Once complete, and the expansion of our Florida…

TuesdayJul 27, 2021 2:26 pm

NetworkNewsBreaks – Sify Technologies Ltd. (NASDAQ: SIFY) Featured in Earnings Preview Research from Sidoti

Demand For Sify’s Data Center And Cloud Services Remains Strong Sify Technologies (NASDAQ: SIFY) was featured in a company-sponsored research earnings preview note published by Sidoti & Company, LLC. The report reads, “We model revenue climbed 15.5%, year over year, to $93.5 million in 1Q:F22 and EBITDA rose 5.6% to $18.7 million. We expect growth will continue to be driven by Sify’s Data Center and Cloud and Managed Services, which are benefitting from India’s accelerating digital transformation.” To access the full report, visit https://nnw.fm/xs8zN About Sify Technologies Ltd. Sify Technologies is India’s most comprehensive ICT services & solutions provider. With…

TuesdayJul 27, 2021 2:18 pm

NetworkNewsBreaks – Civeo Corp. (NYSE: CVEO) Featured in Earnings Preview Research from Sidoti

Expect Meaningful Improvement Next Year In Australian And Canadian Rebound Civeo (NYSE: CVEO) was featured in a company-sponsored research earnings preview note published by Sidoti & Company, LLC. The report reads, “We raise our price target to $30 (from $26) as we lift our 2022 EPS and free cash flow per share estimates on an expected meaningful improvement in Canadian and Australian occupancy and services.” To access the full report, visit https://nnw.fm/2VyN0 About Civeo Corp. Civeo Corporation is a leading provider of hospitality services with prominent market positions in the Canadian oil sands and the Australian natural resource regions. Civeo…

TuesdayJul 27, 2021 2:13 pm

NetworkNewsBreaks – ISW Holdings Inc. (ISWH) Enters Significant Hosting/Mining Agreement with Global Leader Bitmain Technologies

ISW Holdings (OTC: ISWH), a global brand management holdings company, today announced its entry into a cryptocurrency mining hosting agreement with Bitmain Technologies, the world’s leading producer of cryptocurrency mining hardware and a leading global cryptocurrency mining firm. According to the update, the agreement will form the backbone of the company’s phase one launch of its cryptocurrency hosting and mining operation in Georgia. “Bitmain is probably the most recognizable name in the mining space, and we are excited that they will be a major piece of our success in Georgia,” said Alonzo Pierce, ISW Holdings president and chairman. “Once our…

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