NetworkNewsBreaks

TuesdayAug 16, 2022 4:02 pm

NetworkNewsBreaks – Treasure Global Inc. (NASDAQ: TGL) Closes on Initial Public Offering, Resulting in $9.2M Gross Proceeds

Treasure Global (NASDAQ: TGL), an innovative e-commerce platform providing seamless payment solutions and rewards programs, has closed on its previously announced upsized initial public offering. The offering comprised 2,300,000 shares of common stock and included the full exercise of the underwriter’s overallotment option; the shares were offered at $4 per share, resulting in gross proceeds of some $9.2 million before deducting underwriting discounts, commissions and other offering expenses. The announcement noted that TGL common stock began trading on the Nasdaq Capital Market on Aug. 11, 2022. According to the announcement, Treasure Global plans to use the net proceeds from the offering…

Continue Reading

TuesdayAug 16, 2022 3:58 pm

NetworkNewsBreaks – Advisors Mortgage Group Recognized as One of 5000 Fastest-Growing Private Companies

Advisors Mortgage Group, based in Ocean Township, New Jersey, today announced that it has again made the Inc. 5000 2022 list of Fastest-Growing Private Companies. According to the update, this is the 11th year since 2003 that Advisors has received this recognition. “Being on this list is so incredible and something I never imagined 23 years ago when I started this company out of a 400-square-foot office,” said Steven Meyer, president of Advisors Mortgage Group. “Watching us grow into a robust company with over 400 employees nationwide is a testament to the hard work of those that helped me every…

Continue Reading

TuesdayAug 16, 2022 3:22 pm

NetworkNewsBreaks – DoubleDown Interactive Co. Ltd. (NASDAQ: DDI) Celebrates 12-Year Anniversary of ‘First-of-Kind’ Social Casino Game

DoubleDown Interactive (NASDAQ: DDI), a leading developer and publisher of digital social casino games, is commemorating 12 years since the unveiling of its flagship title, DoubleDown Casino. The celebration includes free prizes and a DoubleDown Birthday Bash on Aug. 26 and 27, 2022, during which players are encouraged to complete slot quests to earn a reward based on how many quests they complete. DoubleDown Casino features a variety of slot machines and table games designed to provide a Las Vegas casino experience virtually on mobile and desktop platforms. This social casino game includes authentic Las Vegas slot machines developed by International…

Continue Reading

TuesdayAug 16, 2022 3:10 pm

NetworkNewsBreaks – Riot Blockchain Inc. (NASDAQ: RIOT) Announces Q2 2022 Results, Operational and Financial Highlights

Riot Blockchain (NASDAQ: RIOT), an industry leader in Bitcoin (“BTC”) mining and data center hosting, reported financial results for the three-month period ended June 30, 2022. “We are extremely encouraged by Riot’s financial resilience and operational achievements this quarter,” said Jason Les, CEO of Riot. “We continued to make substantial progress in executing towards our ambitious growth plans, including completion of our first immersion-cooled building and the successful transition of all miners, which were previously hosted by Coinmint, to our Whinstone Facility, which will further reduce our operating costs. Going forward, we will continue to focus on executional excellence as…

Continue Reading

TuesdayAug 16, 2022 2:59 pm

NetworkNewsBreaks – AmeriCann Inc. (ACAN) Reports Record Net Income, Revenue

AmeriCann (OTCQB: ACAN), a cannabis company that develops state-of-the-art cultivation, product manufacturing and distribution facilities, has released its financial and operational results for its fiscal quarter ending June 30, 2022. According to the company, July revenue set an all-time monthly record. Numbers showed a significant increase in year-over-year quarterly net income and revenue, with both being records for the Company for the quarter ending June 2022. Revenue increased over 36% for the quarter ended June 2022 relative to the same quarter 2021, an increase of $213,188. Quarterly gross margins were 98.5%. The company attributed the increased revenue to products produced and…

Continue Reading

TuesdayAug 16, 2022 2:26 pm

NetworkNewsBreaks – BIT Mining Limited (NYSE: BTCM) Announces $9.3M Registered Direct Offering

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, today announced its entry into a securities purchase agreement with certain institutional investors. According to the update, the agreement is for the purchase and sale of 15 ,566,665 of the company's American Depositary Shares (“ADSs”), Series A Warrants to purchase up to an aggregate of 15 ,566,665 ADSs and Series B Warrants to purchase up to an aggregate of 15,566,665 ADSs, at a combined purchase price of US$0.60 per ADS and associated warrants, in a registered direct offering. Each ADS represents ten Class A ordinary shares, par value US$0.00005 per…

Continue Reading

TuesdayAug 16, 2022 2:19 pm

NetworkNewsBreaks – Correlate Infrastructure Partners Inc. (CIPI) Announces Q2, YTD Financial Results

Correlate Infrastructure Partners (OTCQB: CIPI) is a technology-enabled energy optimization and clean energy solutions provider for the North American real estate industry. The company today reported financial results for its second quarter ended June 30, 2022, and year to date ended June 30, 2022. “We continue to grow as a full-service energy optimization service provider, and we are realizing many near-term opportunities for Correlate. By helping commercial customers increase net operating income (‘NOI’) through our clean energy solutions, the benefits of our innovative full-service platform becomes a more integral part of real estate asset management,” said Correlate CEO Todd Michaels.…

Continue Reading

TuesdayAug 16, 2022 2:13 pm

NetworkNewsBreaks – Odyssey Health Inc. (ODYY) Featured on ‘Dr. Finance Live’ Podcast

Odyssey Health (OTC: ODYY), a company focused on developing unique, life-saving medical products, was featured on “Dr. Finance Live,” a podcast series focused on changing the way we think about economics and finance. NFL Hall of Famer Brett Favre and Dr. Jacob VanLandingham, head of drug development for Odyssey Health, joined the recent broadcast, hosted by best-selling author and entrepreneur Dr. Anthony M. Criniti IV (aka “Dr. Finance(R)”). During the interview, Favre discussed how his passion for uncovering a treatment for concussion led him to his current position as a member of Odyssey Health’s sports advisory board. “When I retired…

Continue Reading

TuesdayAug 16, 2022 1:53 pm

NetworkNewsBreaks – EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQB: EVGIF) Featured in Bell2Bell Podcast

EverGen (TSX.V: EVGN) (OTCQB: EVGIF), Canada’s renewable natural gas (“RNG”) infrastructure platform, was featured in the Bell2Bell Podcast, a part of IBN’s (InvestorBrandNetwork) sustained effort to provide specialized content distribution via widespread syndication channels. EverGen’s co-founder and CEO Chase Edgelow joined the latest episode to discuss the company’s recent corporate milestones, beginning with its May acquisition of a 50% interest in Project Radius. “Project Radius is a mark of our expansion across Canada, continuing to build our renewable natural gas (‘RNG’) platform with three large-scale RNG projects that have the capability of producing almost two million gigajoules per year once…

Continue Reading

TuesdayAug 16, 2022 1:35 pm

NetworkNewsBreaks – QSAM Biosciences Inc. (OTCQB: QSAM) Releases Q2 2022 Financial Report, Corporate Update

QSAM Biosciences (OTCQB: QSAM), a company developing next-generation therapeutic radiopharmaceuticals, including Samarium-153-DOTMP, or CycloSam(R), for the treatment of bone cancer and related diseases, has reported on its financial results for Q2, the period ended June 30, 2022; the company also noted that progress has been shown in its phase 1 clinical program designed to evaluate CycloSam, its proprietary radiopharmaceutical drug candidate for the treatment of metastatic bone cancer. Specifically, the report noted that preliminary evaluation of the first patient dosed in the phase 1 trial suggests promising results with second patient dosing and completion of the first cohort of patients…

Continue Reading