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TuesdayApr 06, 2021 10:39 am

NetworkNewsBreaks – Lottery.com Co-Founder, CEO Featured on The DealMaker Show

Lottery.com co-founder and CEO Tony DiMatteo is the featured guest on a recent episode of the Dealmaker Show. Hosted by Oren Klaff, the Dealmaker Show is a fast-paced, high-energy conversation about dealmaking at every level. On the show Matteo, who started Lottery.com as a next-generation platform where consumers can play the lottery online, talked about the company’s recent deal, its definitive agreement with special purpose acquisition company Trident Acquisitions Corp. (NASDAQ: TDAC) to become a public company with common stock listed on Nasdaq under the ticker symbol LTRY. During the interview, DiMatteo discussed how Lottery.com’s business compares with similar companies…

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TuesdayApr 06, 2021 10:15 am

NetworkNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Announces Expansion of Physical U3O8 Initiative, Registered Direct Offering

Uranium Energy (NYSE American: UEC), a Corpus Christi, Texas-based uranium mining and exploration company, today announced that it has secured an additional 705,000 pounds of U.S.-warehoused uranium, with delivery dates out to December 2022. Including previously contracts to acquire 1,400,000 pounds of uranium concentrates, Uranium Energy has entered into additional purchase contracts for a total of 2,105,000 pounds of U3O8 at a volume-weighted average price of ~$30 per pound. UEC also announced its entry into definitive agreements with institutional investors to purchase an aggregate of 3,636,364 common shares of the company, each at a purchase price of $3.30, for gross…

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TuesdayApr 06, 2021 10:15 am

NetworkNewsBreaks – Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF) Investee Company Announces New Board Member

 PowerTap Hydrogen Fueling Corp., a company that Clean Power Capital (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF) is the majority shareholder of with 94.5% ownership, has appointed Yves Gionet to its advisory board. Gionet, a former Toyota executive, was part of the team that launched Lexus Canada in 1990; before retiring, he was leading the Lexus division. Gionet brings four decades of experience to his new appointment, including invaluable expertise and ability to focus on brand and dealer network development, which he illustrated in his work with Toyota. His influence as a  key team member in the launch of Lexus Canada’s…

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TuesdayApr 06, 2021 9:47 am

NetworkNewsBreaks – ContraFect Corp. (NASDAQ: CFRX) Featured in Mizuho Securities Research Report

ContraFect Corp. (NASDAQ: CFRX) was featured in a recent equity research report published by Mizuho Securities USA LLC. The report reads, “ContraFect released 4Q20 earnings that were essentially a non-event, as is often the case for a clinical-stage company. The company's recent BARDA contract and equity raise solidifies its capital position and adds external credibility to the exebacase program. Attention now shifts back to the DISRUPT trial, with interim data expected in 2H 2021 and final data in 2022. We maintain our 70% POS for DISRUPT at the final analysis given the strength of the Phase 2 exebacase data in…

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TuesdayApr 06, 2021 9:31 am

NetworkNewsBreaks – RYAH Group Inc. to List on CSE via Business Combination

Potbotics Inc., operating as RYAH Group, has announced that, in connection with its business combination with Prime Blockchain Inc., the company, or resulting issuer from the transaction, has received conditional approval to list on the Canadian Securities Exchange (“CSE”). That approval is subject to completion of customary listing requirements outlined by the CSE, including receipt of all required documentation. The transaction, as previously announced, is a three-cornered merger between Potbotics, Prime, and RYAH Acquisition Corp., a wholly owned subsidiary of Prime incorporated for the purposes of completing the transaction, which will be conducted under the laws of the state of Florida.…

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MondayApr 05, 2021 3:25 pm

NetworkNewsBreaks – SRAX Inc. (NASDAQ: SRAX) Featured in Wall Street Journal Article

SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through its software-as-a-service (“SaaS”) platform, Sequire, was featured in a recent article published by The Wall Street Journal. The piece, titled, “CFOs Zero in on Shareholders as Stock Volatility Soars,” covered last quarter’s extreme stock-price moves followed by resurfacing of the age-old question for company executives as to whether they have the ability to exert any influence over their company’s share price. Delving into what some executives are doing, the article points to limited options based on what these executives don’t know, “including who…

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MondayApr 05, 2021 3:04 pm

NetworkNewsBreaks – Finovate Announces NetworkNewsWire, InvestorBrandNetwork Involvement in FinovateSpring 2021

Finovate will collaborate again this year with NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company that is part of the InvestorBrandNetwork (“IBN”) to provide coverage for its upcoming FinovateSpring 2021 event. IBN has also been named an official media sponsor. Slated for May 10–13, the four-day event will include an estimated 1,100 senior attendees and feature more than 100 expert speakers and presenters as well as 30-plus demos spotlighting new technology taking the industry by storm. This year’s FiovateSpring gathering will be divided into three sections: Conversation Starter, which will involve an initial day of interactive roundtables; days 2…

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MondayApr 05, 2021 2:45 pm

NetworkNewsBreaks – illimity SGR Completes 1st Closing of ‘illimity Credit & Corporate Turnaround Fund’

illimity SGR, the illimity Group’s asset management company created to set up and manage alternative investment funds, recently announced the first closing of its fund, “illimity Credit & Corporate Turnaround” (“iCCT”). According to the update, the contribution fund is dedicated to investments in unlikely-to-pay (“UTP”) loans to small and medium-sized enterprises (“SMEs”) with revival and relaunch prospects. “The management team of our first turnaround fund effectively combines financial and industrial skills that allow us to look beyond the reports to capture the potential of the companies in which the fund invests,” said illimity SGR’s UTP & Funds unit head Paola…

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MondayApr 05, 2021 2:22 pm

NetworkNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Releases Operational Update, FY 2020 Results

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition, has released both an operational update and the filing of its annual and fourth-quarter financial results for the fiscal year ended December 31, 2020. Company highlights include being ranked no. 2 in Brightfield Group’s most recent survey in the CBD Brand Awareness (U.S.) category, as well as SPINS naming its proprietary Probulin Probiotics product fastest-growing probiotic brand in 2020 out of the top 10 in the country. Other highlights included being the no. 2 CBD holding in AdvisorShares…

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MondayApr 05, 2021 1:50 pm

NetworkNewsBreaks – United Medical Equipment Business Solutions Network Inc. Poised Amid Demand for Rapid Testing Kits

United Medical Equipment (“UME,” “UMEBSNI”), a company offering rapid COVID-19 testing kits, looks positioned to benefit from the high demand for its products. The demand arises from expert recommendations that identifying those infected through rapid testing could help curb the virus and prevent the emergence of new variants. An article about these developments reads, “‘Testing is actually more important now than it was eight months ago because of the high contagiousness rate of these new variants,’ Mara Aspinall, a professor of health practice at Arizona State University, said in a recent interview for NPR. ‘It is critical to stop these…

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