NetworkNewsBreaks Archive - Page 743 of 2241

WednesdayFeb 08, 2023 12:07 pm

NetworkNewsBreaks – ECGI Holdings Inc. (ECGI) Inks Deal to Acquire East West Pharma Group in Strategy Shift

ECGI Holdings (OTC: ECGI), d/b/a Elite Cannabis Group Inc., a Nevada -based portfolio company pivoting into the legal cannabis and cannabinoid marketplace, has signed a letter of intent (“LOI”) with Wyoming-based East West Pharma Group Inc. ("EWPG") to acquire EWPG’s key personnel, intellectual property, and current and future business operations. According to the announcement, the acquisition is a shift in ECGI’s strategy as it becomes part of the $2.7 billion Cannabis Manufacturing, Extract and Concentrates market. The company noted that its goal is to pair its vast cannabis space network and knowledge capital with EWPG's talent and equipment to drive rapid growth…

WednesdayFeb 08, 2023 11:38 am

NetworkNewsBreaks – Creatd Inc. (CRTD) Approved to Dual List on Upstream

Creatd (OTCQB: CRTD), a company with a mission to provide economic opportunities to creators and brands, on Tuesday announced its approval to dual list its shares on Upstream, the revolutionary trading app for digital securities and NFTs powered by Horizon Fintex and MERJ Exchange Limited. According to the update, the company will commence trading on Upstream under the ticker symbol CRTD at 10:00 a.m. ET on Feb. 14, 2023. “As chairman and CEO, my focus remains on creating long-term value for verified CRTD shareholders and on fostering a higher quality market environment for our stock,” said CRTD’s Jeremy Frommer in…

WednesdayFeb 08, 2023 11:29 am

NetworkNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Receives $24M Investment from Leading Global Mining Company

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF) has entered into a subscription agreement with Anglo American resulting in an estimated $24 million investment in Canada Nickel; the investment is at a price of $1.95 per common share, representing a 10% premium to the 30-day volume weighted average price ("VWAP") and making Anglo American a 9.9% shareholder when the transaction is completed. According to the announcement, this is a key milestone in the company’s efforts to advance its Crawford Nickel Project toward production. The agreement also calls for Canada Nickel to enter into a binding Offtake Term Sheet with Anglo American at closing, giving Anglo American exclusive…

WednesdayFeb 08, 2023 11:17 am

NetworkNewsBreaks – India Globalization Capital Inc. (NYSE American: IGC) to Be Featured in Radius Research Webinar

India Globalization Capital (NYSE American: IGC) today announced that its CEO Ram Mukunda and PFO Claudia Grimaldi will be featured in an investor webinar hosted by Radius Research. Beginning at 12:30 p.m. ET on Friday, Feb. 10, Mukunda and Grimaldi will discuss the company’s phase 2 trial for its drug candidate IGC-AD1 in treating agitation in dementia patients suffering from Alzheimer’s. They will also participate in a question-and-answer session. Interested parties should visit https://nnw.fm/QT5Tu to register for the webinar. To view the full press release, visit https://nnw.fm/VRcvC About India Globalization Capital Inc. IGC develops advanced cannabinoid-based formulations for treating diseases…

WednesdayFeb 08, 2023 10:56 am

NetworkNewsBreaks — DoubleDown Interactive Co. Ltd. (NASDAQ: DDI) Releases Q4, FY2022 Financial Report

DoubleDown Interactive (NASDAQ: DDI), a leading gaming company delivering unique player experiences across a variety of genres, is reporting its unaudited financial results for the fourth quarter and year ended Dec. 31, 2022. Highlights of the Q4 report show that revenue for the company decreased from $86.3 million in the fourth quarter of 2021 to $76.2 million in the fourth quarter of 2022 while operating costs for the same period increased to $321.4 million. The company also noted that Adjusted EBITDA decreased to $24.7 million for Q4 2023 and that overall, DDI saw a net loss of $194.4 million. Full-year numbers…

TuesdayFeb 07, 2023 3:45 pm

NetworkNewsBreaks – Selina Hospitality PLC. (NASDAQ: SLNA) Publishes New Investor Presentation

Selina Hospitality (NASDAQ: SLNA), the fast-growing experiential hospitality brand targeting millennial and Gen Z travelers, recently announced the release of a new investor presentation. The presentation includes summary information about the company and new and updated details regarding Selina’s comprehensive strategy, potential financing initiatives Selina is considering, as well as an overview of recent performance optimization and cost control initiatives and operational improvements. The presentation is accessible under the “Events and Presentations” section of Selina’s website. To view the full press release, visit https://nnw.fm/Cr7Gf About Selina Hospitality PLC Selina is one of the world's largest hospitality brands built to address…

TuesdayFeb 07, 2023 2:51 pm

NetworkNewsBreaks – IBN to Heighten Outreach for Winter Wonderland Best Ideas Virtual Conference

IBN (“InvestorBrandNetwork”), an innovative corporate communications firm and content distributor, today announced that it is collaborating with The MicroCap Rodeo for the Winter Wonderland Best Ideas Conference. The event is slated to take place in a virtual format on Feb. 21-24, 2023. Curated in an environment primed for business efficiency and to cement long-term collaboration, Winter Wonderland will facilitate meaningful conversations between senior management of exciting microcap and small cap companies and qualified institutional investors. “The first two editions of this conference proved to be a great success. IBN is honored to work alongside their experienced team and connect our…

TuesdayFeb 07, 2023 1:54 pm

NetworkNewsBreaks – Silo Pharma Inc. (NASDAQ: SILO) Partnering to Transform Health Care, Improve Patient Outcomes

Silo Pharma (NASDAQ: SILO), a developmental-stage biopharmaceutical company, recently provided a progress update on its sponsored clinical trial with the University of California, San Francisco (“UCSF”) examining the effect of psilocybin on inflammation. “Silo’s sponsored clinical trial with the Clinical & Translational Science Institute at UCSF aims to validate the use of psilocybin as a therapeutic by evaluating the effects of the compound on patients suffering from inflammatory disorders, including Parkinson’s disease, bipolar and chronic pain,” a recent article reads. “In addition to its partnership with UCSF, Silo Pharma is also evaluating its ketamine formulation, designated as SPC-14, through a…

TuesdayFeb 07, 2023 1:39 pm

NetworkNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Epitomizing Potential Success with Focus on Less Traditional Mining Jurisdictions

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM), an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec, boasts one of the most potentially significant silver and tin deposits within the Cerro Rico region and has recently looked to expand its addressable deposit through the acquisition of the adjoining Mina Casiterita and Mina Hoyada properties. “Marc Bristow, the CEO of Barrick Gold Corp, told investors during his keynote speech at the Mines & Money London conference that the future of mining no longer lay in the traditional, over-explored jurisdictions of prior…

TuesdayFeb 07, 2023 1:24 pm

NetworkNewsBreaks — Advisors Mortgage Group Hosts NJHMFA Presentation for Loan Officers, Processing and Underwriting Teams

Advisors Mortgage Group, based in Ocean Township, New Jersey, held a New Jersey Housing and Mortgage Finance Agency (“NJHMFA”) info session this week. The Feb. 2 event was held at branches in West Long Branch, New Jersey, and featured several NJHMFA representatives; the reps spoke to Advisors’ loan officers and processing and underwriting teams about the loan programs that the agency offers. According to the announcement, NJHMFA is a state government agency working to improve the quality of life for residents and communities throughout New Jersey; the agency accomplishes this by investing in, financing and facilitating access to affordable rental…

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