NetworkNewsBreaks

MondayMay 08, 2023 1:58 pm

NetworkNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) Announces Board Appointment of Pharma and Biotech Industry Veteran Dr. Bettina M. Cockroft

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 its appointment of Bettina M. Cockroft, M.D., M.B.A., to its board of directors. Dr. Cockroft, a well-established industry executive with over 30 years of experience in the biopharmaceutical industry with clinical development expertise across multiple therapeutic areas, will serve as an independent director. “On behalf of the CNS Pharmaceuticals board and management, we are thrilled to welcome Dr. Cockroft to the board. Her appointment adds deep scientific, clinical and operational expertise, and…

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MondayMay 08, 2023 1:46 pm

NetworkNewsBreaks – IGEN Networks Corp. (OTC: IGEN) (CSE: IGN) Completes Non-Brokered Private Placement with Directors

IGEN Networks (OTC: IGEN) (CSE: IGN), a leading innovator of solutions for the consumer automotive, fleet management and supply-chain industries, has closed on nonbrokered private placements with two IGEN directors. According to the announcement, the company completed the transactions with CEO Neil G. Chan and board chair Robert B. Nealon. The private placements were comprised of a combined purchase of 83,333,333 restricted shares at an average price of $.0005625 per share with a hold period of six months. The company noted that currently total common shares (post hold period) held by Chan are 105,120,008 while Nealon holds 41,650,000; combined holdings…

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MondayMay 08, 2023 12:53 pm

NetworkNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Issues Exploration Update for Stock Property

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today reported assay results from three zones at the Stock Property, part of the Fox Complex near Timmins. According to the update, results from eight near-surface holes close to high-grade intersections in hole SM22-110 that included 264.5 g/t gold (Au) over 2.7 meters (m) returned attractive grades up to 18.9 g/t Au over 9.4 m. Drill holes were also completed in the lower portion of the Stock Mine Extension Trend, where recent deeper drilling was designed to expand lenses of mineralization in proximity to the Stock Mine. The lenses could represent early mining…

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MondayMay 08, 2023 12:22 pm

NetworkNewsBreaks – Truleo Reaches $600K in Investments in StartEngine Raise

Body camera analytics company Truleo recently announced that it has surpassed the $600,000 mark in its StartEngine raise. This follows the company’s April announcement that $500,000 had been raised to that point through the crowdfunding campaign. The No. 1 provider of automated body camera reviews, Truleo's revolutionary technology and analytics detect, record and review unprofessional police encounters. Truleo is tapping into a massive $10 billion market targeting 18,000 departments in the United States with customers reportedly experiencing a 36% decrease in use-of-force occurrences. “We invested a lot of money in body cameras to improve accountability, and Truleo helps us earn…

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MondayMay 08, 2023 11:52 am

NetworkNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Releases Q1 2023 Financial, Corporate Report, Announces Earnings Call

Energy Fuels (NYSE American: UUUU) (TSX: EFR) is reporting on its financial results for the quarter ended March 31, 2023; the company also announced that it will host an earning conference call and webcast on May 9, 2023. According to the report, Energy Fuels sold 300,000 pounds of uranium resulting in a gross margin of 58% and 79,344 pounds of vanadium totaling a 37% gross margin of 37%; the company also sold its Alta Mesa property for a total gain of $116.45 million. The report showed that UUUU’s working capital grew with total assets increasing and total liabilities decreasing. Other highlights…

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MondayMay 08, 2023 9:00 am

NetworkNewsBreaks – INmune Bio, Inc. (NASDAQ: INMB) Receives IND Clearance from FDA, Represents First Ever Natural Killer Immunotherapy Trial for a Particular Cancer

INmune Bio (NASDAQ: INMB), a clinical-stage biotechnology company focused on developing treatments that target the innate immune system to fight disease, announced that its Investigational New Drug (“IND”) application for INKmune(TM), a novel natural killer (“NK”) cell immunotherapy, has been cleared by the U.S. Food and Drug Administration (“FDA”) for a phase 1/2 open-label clinical trial for the treatment of metastatic castration-resistant prostate cancer (“mCRPC”). According to the announcement, this is the first NK immunotherapy trial in men with mCRPC, as far as the company is aware. The trial, which will begin enrolling patients later this year, will focus on determining short-…

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FridayMay 05, 2023 1:19 pm

NetworkNewsBreaks – Aditxt Inc. (NASDAQ: ADTX) Subsidiary Inks Stiff Person Syndrome Clinical Trial Agreement with Mayo Clinic

Aditxt (NASDAQ: ADTX), a global innovation company focused on therapeutics and technologies that monitor and modulate the immune system, and its subsidiary Adimune(TM) Inc. announced a clinical trial agreement with Mayo Clinic. The clinical trial, which is designed to advance clinical studies targeting autoimmune diseases of the central nervous system (“CNS”), is expected to begin this year with an estimated 10 to 15 patients, some of whom may also suffer from type-1 diabetes; the initial focus of the study will be on the autoimmune disease Stiff Person Syndrome (“SPS”). According to the announcement, Adimune, which was created to lead Aditxt’s immune…

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FridayMay 05, 2023 11:03 am

NetworkNewsBreaks — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Releases Assay Results for Los Azules Exploration Project

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, is reporting on the most recent assay results from its Los Azules project; the announcement noted that an ongoing infill drilling program to delineate copper mineralization in the core of the deposit continues at the project. Highlights of the report show hole AZ22182A intercepted an enriched zone of 231 m of 0.97% Cu and a primary zone with mineralization that remains "open" at depth, while hole AZ23196 exhibited an overall intercept of 550 m of 0.50% Cu, including 216 mof 0.72% Cu within the Enriched zone portion. In addition, the company…

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FridayMay 05, 2023 10:42 am

NetworkNewsBreaks – BizCann Expo Shares Agenda Details for Upcoming Colombian Cannabis Expo

BizCann Expo, hosted by ZJ Events, is gearing up for its next event to be held May 21–22, 2023, in Medellín, Colombia. A premier cannabis event in South and Latin America, BizCann is designed to provide key information on innovation, entrepreneurship, and education on all aspects of the cannabis sector. This year’s two-day agenda features an impressive array of presentations from more than 20 speakers, including 3C Consulting founder and CEO Nic Easley,  GNC-Brands founder Juan Gonzalez, Global Cannabis Network Collective business developer Rosa Maria Puentes Velosa and Green Leaf Colombia cofounder and production manager Camilo Martínez. The event is…

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ThursdayMay 04, 2023 1:16 pm

NetworkNewsBreaks — Orchid Island Capital Inc. (NYSE: ORC) Releases Q1 2023 Financial, Corporate Results

Orchid Island Capital (NYSE: ORC), a real estate investment trust ("REIT") is reporting on its financial and operations results for the three-month period ended March 31, 2023. Highlights of the first-quarter report include net income of $3.5 million, or $0.09 per common share; net interest expense of $4.2 million; total expenses of $5 million; net realized and unrealized gains of $12.7 million; and first-quarter dividends declared and paid of $0.48 per common share. In addition, the company maintained a liquidity position of $197.0 million in cash and cash equivalents and unpledged RMBS. “The economy and the outlook for monetary policy…

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