NetworkNewsBreaks

ThursdayAug 18, 2022 11:10 am

NetworkNewsBreaks – Odyssey Health Inc. (ODYY) Achieves Positive Safety Outcomes for Concussion Drug in Multiple Ascending Dosing Trial

Odyssey Health (OTC: ODYY), formerly Odyssey Group International and a company focused on developing unique, life-saving medical products including a novel compound for the treatment of concussion, has completed safety measures for its phase I multiday ascending dosing (“MAD”) clinical trial. According to the announcement, the trial is designed to study PRV-002, the company’s proprietary drug to treat concussion; this phase involves healthy human subjects. The company noted that the MAD cohort I, which was conducted at Nucleus Network, a leading clinical research organization, indicated the drug was safe and well tolerated. That phase involved eight healthy human volunteers who…

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ThursdayAug 18, 2022 10:25 am

NetworkNewsBreaks – Laredo Oil Inc.’s (LRDC) Subsidiary Secures Permits to Drill

Laredo Oil (OTC: LRDC), an oil exploration and production company, today announced that its wholly owned subsidiary, Lustre Oil Company LLC, was granted two drilling permits. The permits are for its second and third wells in the Lustre Oil Field, which is located in the Western Williston Basin of Montana. “We are currently working with Dawson James, our investment banker, on obtaining the financing we need to develop these two new wells,” said Mark See, Laredo Oil’s chairman and CEO. To view the full press release, visit https://nnw.fm/s359a About Laredo Oil Inc. Laredo Oil is an oil exploration and production…

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ThursdayAug 18, 2022 10:04 am

NetworkNewsBreaks – Cub Crafters Inc. Featured in General Aviation News Article

Cub Crafters (typically styled CubCrafters), the leading designer and manufacturer of light-sport, experimental and Part 23 certified backcountry aircraft, was featured in an article published by General Aviation News. The piece, titled “An interesting public offering” and written by Ben Sclair, reads, “In case you missed the announcement, CubCrafters is offering shares of the company to the public. The ultimate goal is to raise $50 million. Those funds will be used to increase production to reduce the company’s order backlog, increase the pace of innovation, expand manufacturing infrastructure, add regional service centers, and accelerate international opportunities, according to CubCrafters officials. All words…

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WednesdayAug 17, 2022 2:37 pm

NetworkNewsBreaks – Lexaria Bioscience Corp.’s (NASDAQ: LEXX) DehydraTECH Capable of Delivering APIs More Efficiently by Overcoming Food Effect

Lexaria Bioscience Corp. (NASDAQ: LEXX) recently announced the allowance of a new patent in Japan, the fourth to be granted in that country and the 26th worldwide. “Entitled Lipophilic Active Agent Infused Compositions with Reduced Food Effect, this is the first patent issued from Lexaria’s seventh patent family and refers to tetrahydrocannabinol (‘THC’). The new patent acknowledges DehydraTECH(TM)’s ability to deliver active pharmaceutical ingredients (‘APIs’) more efficiently, in a process known as absorption, regardless of the presence of food in the gastrointestinal system. Ordinarily, food impacts drug absorption by physically interacting with drugs, altering the pH, stimulating bile flow, slowing…

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WednesdayAug 17, 2022 2:20 pm

NetworkNewsBreaks – Energy Fuels Inc.’s (NYSE American: UUUU) (TSX: EFR) White Mesa Mill ‘Meets Definition of Domestic Clean-Energy Infrastructure’

Energy Fuels (NYSE American: UUUU) (TSX: EFR) is a leading U.S.-based producer of uranium and vanadium and an emerging producer of rare earth elements (“REE”) products. “After concerns surfaced about the impact a Utah uranium mill [Energy Fuel’s White Mesa Mill] might have on the surrounding water sources, an op-ed piece in the Denver Post reported that there is ‘no evidence that implies the tailings cells are leaking or contaminating groundwater.’ That assessment aligns with what Energy Fuels has said all along; safety and environmental protection are top priorities for the company,” a recent article reads. The piece contains excerpts…

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WednesdayAug 17, 2022 2:03 pm

NetworkNewsBreaks – Reborn Coffee Inc. (NASDAQ: REBN) Announces $7.2M Public Offering Closing

Reborn Coffee (NASDAQ: REBN), a California-based retailer of specialty coffee, has closed on its previously announced upsized initial public offering; the offering was comprised of 1,440,000 shares of REBN common stock at $5per share. According to the announcement, the offering resulted in aggregate gross proceeds of approximately $7.2 million before underwriting discounts, commissions and other offering expenses are deducted. The announcement also stated that Reborn has granted the underwriters a 45-day option to purchase up to 216,000 additional shares of common stock; those shares will be available at the public offering price minus the underwriting discounts and commissions to cover…

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WednesdayAug 17, 2022 1:51 pm

NetworkNewsBreaks – Cepton Inc. (NASDAQ: CPTN) Driving State-of-the-Art Solutions

Cepton (NASDAQ: CPTN) is an innovator pioneering high-performance Micro Motion Technology (“MMT(R)”) lidar solutions. The company recently selected Fabrinet (NYSE: FN), a leader specializing in precision optical, electro-optical, sophisticated electronic PCBA, and electro-mechanical process technologies, to produce its flagship automotive-grade Vista(R)-X90 lidar. The partnership could expedite Cepton’s efforts toward mass-market commercialization of high-performance, high-quality lidar solutions. “The Vista(R)-X90 lidar features Cepton’s patented MMT(R) technology configured to deliver scalable lidar solutions with a superior balance between performance, reliability and cost, as well as Cepton’s proprietary lidar engine ASIC, designed for optical illumination control, detection and signal processing. Vista(R)-X90 will be deployed…

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WednesdayAug 17, 2022 1:02 pm

NetworkNewsBreaks – Cilicon, Vape-Jet Collaborate to Deliver Intelligent, Integrated Vaporizer Solution

Cilicon, a global provider of cannabis vape hardware, together with Vape-Jet, a U.S.-based infrastructure platform for cannabis oil-filling, today announced the forming of an official partnership to provide an intelligent, one-stop product solution for global cannabis brands. With a mutual understanding of the value of technology for business growth in today’s digital economy, Cilicon and Vape-Jet have launched services for cannabis vaping tech development, hardware manufacturing and filling machines for all brands in the cannabis vaporization industry. The partnership aims to reduce the time and financial budget for industry practitioners focused on cannabis vaporization with smart technology and integrated services.…

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WednesdayAug 17, 2022 12:30 pm

NetworkNewsBreaks – Roth Capital Partners LLC Expands Platform to Add Expertise, Trading Services of MKM Partners LLC

Roth Capital Partners (“ROTH”) today announced that it has reached a definitive agreement to acquire 100% of MKM Partners LLC, a Stamford, Connecticut-based, institutional equity trading, sales and research firm. According to the update, the combined organization will employ over 235 individuals, with approximately 60 investment bankers, 45 research analysts, more than 75 distribution professionals specializing in the markets, 550+ stocks under coverage, 14 offices across North America, one of the largest trading floors in the U.S., and capabilities in all major equity business lines. “We are excited to welcome MKM’s employees, platform and culture into the ROTH family,” said…

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WednesdayAug 17, 2022 12:15 pm

NetworkNewsBreaks – Stronghold Digital Mining Inc. (NASDAQ: SDIG) Announces Q2 2022 Results, Operational Update, Significant Debt Restructuring Events

Stronghold (NASDAQ: SDIG) has reported financial results for its second quarter ended June 30, 2022, provided an operational update and announced significant debt restructuring events. “Today we are announcing a series of transactions that we believe transform Stronghold into a materially less-levered, vertically integrated Bitcoin miner with significantly improved liquidity and flexibility to deploy capital opportunistically in a way that creates equity value through cycles in the Bitcoin and power markets,” said Greg Beard, co-chairman and chief executive officer of Stronghold. “By returning miners to NYDIG that served as the collateral for the non-recourse financing agreements and restructuring the WhiteHawk…

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