NetworkNewsBreaks Archive - Page 646 of 2178

WednesdayApr 12, 2023 2:26 pm

NetworkNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Retires All Outstanding Institutional Convertible Debt

FingerMotion (NASDAQ: FNGR), a mobile data and services company, today announced that it has recently eliminated its remaining convertible debt with the company’s primary lender, Lind Global Fund II LP. This is a result of conversions by Lind Global and payments by the company, which in aggregate totaled over $5 million. “We have retired all of our outstanding institutional convertible debt, strengthening our balance sheet while maintaining a strong cash position,” said Martin Shen, CEO of FingerMotion. “Eliminating the remaining convertible debt and related obligations to issue any additional common stock to our primary lender eradicates any further dilutive impact…

WednesdayApr 12, 2023 2:16 pm

NetworkNewsBreaks – Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) Announces Latest Results, Completion of Santa Barbara Definition Drill Program at Iska Iska Project

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) today announced assay results from the last eight diamond drill holes from the definition drill program at Santa Barbara in the Iska Iska silver-tin polymetallic project in the Potosi Department, southern Bolivia. According to the update, two of the drill holes (DSB-45 and DSB-47) filled in gaps in previous drilling of the High-Grade Zone. The remaining six holes (DSB-44, DSB-48, DSB-49, DSB-50, DSB-51 and DSB-52) tested the potential south-southeastern extension of the High-Grade Zone at Santa Barbara. “These latest results, which complete the Santa Barbara definition diamond drill program, have significantly expanded…

WednesdayApr 12, 2023 1:59 pm

NetworkNewsBreaks – RYVYL Inc. (NASDAQ: RVYL) Moving Forward with Spin-Off of Subsidiary, Value Creation Strategy

RYVYL (NASDAQ: RVYL), a company that leverages the security of the blockchain and USD-pegged stablecoin technology with near-real-time attestation to conduct payment transactions, has initiated a spin-off plan for its wholly owned subsidiary, coyni inc., a stablecoin technology. RYVYL believes the separation of coyni from its payment-processing business will provide the opportunity for each business to focus on its own strategic and operational objectives. According to the announcement, RYVYL has identified the investment banking team for the proposed transaction and is in the process of evaluating mergers with possible partners; it anticipates acquiring a vehicle in the coming weeks to…

WednesdayApr 12, 2023 1:38 pm

NetworkNewsBreaks – Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Reschedules Special Meeting of Stockholders, Extends Deadline for Share Redemption

Fintech Ecosystem Development (NASDAQ: FEXD) has announced plans to adjourn the company’s special meeting of stockholders; the meeting was scheduled for today, but the company intends on reconvening the Special Meeting on Thursday, April 20, 2023, at 10 a.m. ET. The company is also extending the deadline for holders of its shares of Class A common stock to exercise their right to redeem their shares for their pro rata portion of the funds available in the company's trust account, or to withdraw any previously delivered demand for redemption; that deadline has been changed to April 18, 2023, at 5 p.m.…

TuesdayApr 11, 2023 4:07 pm

NetworkNewsBreaks – Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) Intersects Broad Interval of VMS Mineralization in First Drill Hole at Western Target

Arizona Metals (TSX: AMC) (OTCQX: AZMCF) today announced that the first hole (KM-23-104) drilled at the Western Target of the Kay Mine Project intersected 16 metres of stringer to semi-massive sulphide mineralization, including visible copper sulphide (chalcopyrite) and zinc sulphide (sphalerite). According to the update, the VMS mineralization occurs within a broader interval of syn-mineral quartz-carbonate veining accompanied by sulphide minerals (pyrite, pyrrhotite, sphalerite, chalcopyrite, and arsenopyrite) and anomalous zinc and copper readings from onsite portable XRF. The hole ended in sulphide-bearing core but was stopped at 888 metres downhole due to separated drill rods. Hole 104 was submitted for…

TuesdayApr 11, 2023 1:42 pm

NetworkNewsBreaks – IBN, CannabisNewsWire to Drive Reach of Lift Toronto 2023

IBN (“InvestorBrandNetwork”), an innovative content distributor and multifaceted communications organization with 50+ brands including CannabisNewsWire, today announced its latest event collaboration with the organizers of Lift Toronto, which will return to the iconic Metro Toronto Convention Centre in Toronto, Ontario, on June 1-3, 2023. Lift Toronto is projected to showcase 150-plus exhibiting companies, 140-plus speakers and featured panelists and draw up to 5,000 attendees to the event, which is open to all audiences across the full cannabis industry and community. IBN and CannabisNewsWire will leverage their array of extensive corporate communications solutions to drive recognition for Lift Toronto 2023 participants…

TuesdayApr 11, 2023 1:28 pm

NetworkNewsBreaks – ROTH MKM’s Agribusiness Investment Banking Group Serves as Sellside Advisor for Three M&A Transactions

ROTH MKM (“Roth”), a relationship-driven investment bank focused on serving growth companies and their investors, today announced that its agribusiness investment banking group has advised on three sellside transactions in the past nine months. According to the announcement, the transactions included business models in the areas of cover crops, gene editing, biologicals, bio stimulants, and alternative fertilizers, demonstrating the group’s expertise in designing and executing M&A processes to achieve the best outcomes for its clients in a wide array of agriculture-related sectors. ROTH MKM’s agribusiness group served as the sellside advisor on the following transactions: Exclusive advisor to Symborg, a…

TuesdayApr 11, 2023 12:12 pm

NetworkNewsBreaks – Data443 Risk Mitigation Inc. (ATDS) Secures Another Contract Win from Leading Fintech Giant

Data443 (OTC: ATDS), a data security and privacy software company for “All Things Data Security,” today announced an additional contract win from one of its largest fintech clients. The client, a leading global organization providing merchant, banking and capital market solutions marketplaces, processes over 75 billion transactions amounting to more than $9 trillion annually. Data 443 has been a trusted partner for the client’s enterprise file transfer service requirements for more than 15 years. Data443’s Data Placement Manager processes thousands of sensitive data files per hour for thousands of partners around the globe, and the company’s platform continues significant focus…

MondayApr 10, 2023 1:16 pm

NetworkNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) Enrolls Over 100 Patients in Potentially Pivotal Berubicin Study

CNS Pharmaceuticals (NASDAQ: CNSP), a biopharmaceutical company specializing in the development of novel treatments for primary and metastatic cancers in the brain and central nervous system, today announced that more than 100 patients have been enrolled in the company’s potentially pivotal study with its lead product candidate, Berubicin. “We have long promised a study with a robust sample size sufficient to effectively determine Berubicin’s therapeutic potential,” said John Climaco, CEO of CNS Pharmaceuticals. “Today’s achievement shows we are doing just that. Enrolling over 100 patients in this relatively rare disease in a little more than 18 months is a remarkable…

MondayApr 10, 2023 12:42 pm

NetworkNewsBreaks – EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF) Driving RNG Adoption in North America

EverGen (TSX.V: EVGN) (OTCQX: EVGIF) is a leading Canadian renewable energy company and Canada’s renewable natural gas (“RNG”) infrastructure platform. The company is focused on achieving a net-zero future by leveraging the power of RNG, a carbon-neutral alternative to natural gas that is compatible with existing pipeline infrastructure. “EverGen leads RNG adoption in Canada by acquiring, developing and managing a portfolio of RNG and waste-to-energy products while planning to develop an RNG platform of 20+ facilities within five years. The company currently owns and operates five RNG and/or organic processing facilities across Canada. These include Fraser Valley Biogas, Sea to…

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