NetworkNewsBreaks

ThursdayOct 28, 2021 4:03 pm

NetworkNewsBreaks – PEDEVCO Corp. (NYSE:PED) Closes $7M Registered Direct Offering

PEDEVCO (NYSE:PED), an energy company engaged in the acquisition and development of strategic, high-growth energy projects in the U.S., has closed its previously announced registered direct offering with a certain institutional investor, pursuant to which the company sold approximately $7.0 million worth of common stock. PEDEVCO secured net proceeds of approximately $6.4 million from the offering, with approximately 4.5 million shares of common stock each sold at a price of $1.57. The company intends to use the majority of the net proceeds to fund its 2021 Permian Basin and D-J Basin asset development programs and potential acquisition opportunities, as well…

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ThursdayOct 28, 2021 3:49 pm

NetworkNewsBreaks – LQwD Fintech Corp. (TSX.V: LQWD) (OTC: LQWDF) Receives BIGG Digital Assets Inc. (CSE: BIGG) (OTCQX: BBKCF) (WKN: A2PS9W) Investment

LQwD Fintech (TSX.V: LQWD) (OTC: LQWDF), a financial technology company focused on creating enterprise-grade infrastructure to drive Bitcoin adoption, has received an investment  from BIGG Digital Assets (CSE: BIGG) (OTCQX: BBKCF) (WKN: A2PS9W). BIGG, the owner of Netcoins, announced a strategic investment of C$100,000 in LQwD. BIGG is an online cryptocurrency brokerage that makes it easy for Canadians to buy, sell and understand cryptocurrency. The company also owns Blockchain Intelligence Group, a leading developer of blockchain technology search, risk-scoring and data analytics solutions. A Lightning Network-focused company that is developing payment infrastructure and solutions, LQwD has a mission to develop institutional-grade…

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ThursdayOct 28, 2021 3:29 pm

NetworkNewsBreaks – Asia Broadband Inc. (AABB) Completing Final Preparations for Upcoming Launch of Proprietary Cryptocurrency Exchange

Asia Broadband (OTC: AABB) today announced that it is currently integrating and testing the network of components in final preparations to soon release the proprietary cryptocurrency exchange (the “Exchange”) within the AABB Wallet. According to the update, the Exchange project has evolved and grown immensely in recent months to vastly improve the finished product. Many new features and capabilities were added to expand functionality, usability, module additions and market penetration, including web and Spanish language versions and a new Exchange website. Now complete, the new platform of the Exchange, the BCGateway, allows for an expanding number of cryptocurrencies to be added.…

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ThursdayOct 28, 2021 3:12 pm

NetworkNewsBreaks – AmpliTech Group Inc. (NASDAQ: AMPG) Receives New Orders Totaling $1.2M

AmpliTech Group (NASDAQ: AMPG), a designer, developer and manufacturer of state-of-the-art signal-processing components for satellite and 5G communications networks, defense, space and other commercial applications, announced that it has received $1.2 million in new orders for its for Low Noise Amplifier (“LNA”) technology. The orders came from a Fortune 500 global defense and aerospace company and defense aerospace, naval and commercial aerospace applications provider. According to the announcement, the most recent orders increase AMPG’s order backlog to a record $3.4 million; the company anticipates shipping these orders in calendar 2022. “AmpliTech’s industry-leading LNA technology increases the power of a radio…

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ThursdayOct 28, 2021 2:53 pm

NetworkNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), Consolidated Uranium Inc. (TSX.V: CUR) (OTCQB: CURUF) Complete Acquisition and Strategic Alliance

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S.-based uranium mining company, and Consolidated Uranium (TSX.V: CUR) (OTCQB: CURUF) have closed a previously announced acquisition. In July 2021, the two companies announced plans for Consolidated Uranium to acquire a portfolio of UUUU’s conventional uranium projects located in Utah and Colorado as well as enter into toll-milling, operating and investor rights agreements in connection to the acquired project. The projects included in the transaction include the Tony M Mine, located in the Henry Mountains area of southeastern Utah; the Daneros Mine, located in the White Canyon District; and the Rim Mine, located in the…

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ThursdayOct 28, 2021 2:31 pm

NetworkNewsBreaks – InnerScope Hearing Technologies Inc. (INND) to Present at Consumer Goods & Digital Services Virtual Investor Conference

InnerScope Hearing Technologies (OTC: INND), an emerging and disruptive leader in the direct-to-consumer (“DTC”) hearing technology space, is scheduled to present at the upcoming Consumer Goods & Digital Services Virtual Investor Conference. Hosted by Virtual Investor Conferences, the leading proprietary investor conference series, the event is slated to take place on Thursday, Nov. 4, 2020, with INND’s webcast scheduled to begin at 4:00 p.m. ET. Individual and institutional investors, advisors and analysts are invited to attend the event, which opens at 8:45 a.m. ET on Nov. 4. Interested parties should visit https://nnw.fm/DsD1g to register for the conference and are encouraged to pre-register…

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ThursdayOct 28, 2021 2:06 pm

NetworkNewsBreaks – Perpetual Industries Inc. (PRPI) Moves into New Indiana Headquarters

Perpetual Industries (OTC: PRPI), an incubator for the development of new and innovative energy-efficient technologies and products, has new corporate offices. The company has moved into a new 22,000-square-foot facility located in Auburn, Indiana; the new building provides additional space for the company to complete a large-scale Bitcoin mining center expansion for its cryptocurrency division and meet its growing need for research and development projects. In the past year, PRPI has closed on two strategic acquisitions, which consequently have become powerful subsidiaries and divisions of Perpetual Industries. The growth has positioned PRPI in several expanding markets and provided additional revenue streams.…

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ThursdayOct 28, 2021 1:43 pm

NetworkNewsBreaks – Net Element Inc.’s (NASDAQ: NETE) Post-Merger Company Announces New Hires to Drive Vehicle Manufacturing Efforts

Mullen Automotive Inc., an emerging electric vehicle (“EV”) manufacturer, which previously announced a definitive stock-for-stock reverse merger agreement with Net Element (NASDAQ: NETE) in which Mullen’s stockholders will receive a majority of the outstanding stock in the post-merger company, has announced two new key hires. Corry Davis will serve as the company’s vice president of vehicle integration and homologation, and GT Martinez will be its new director of certification and homologation. Davis and Martinez bring more than three decades of experience in vehicle engineering and homologation as well as invaluable insight and expertise to their new roles. The two will help the…

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ThursdayOct 28, 2021 12:56 pm

NetworkNewsBreaks – Playgon Games Inc. (TSX.V: DEAL) (OTCQB: PLGNF) Reports Record $54 Million in Betting Turnover, Addition of Operators

Playgon Games (TSX.V: DEAL) (OTCQB: PLGNF), a propriety Software as a Service (“SaaS”) technology company delivering mobile live-dealer technology to online gaming operators globally, announced that player activity at its live-dealer tables has topped $54 million in player betting turnover. That tally represents activity through Oct. 27, 2021, and a 30x growth multiple compared to the entire month of September. The company also announced that the total number of player wagers during the same period exceeded 675,000; that number is a 5x multiple over September. Playgon also announced that three new operators are live offering VegasLounge(TM), its proprietary live-dealer platform. Those additional…

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ThursdayOct 28, 2021 12:36 pm

NetworkNewsBreaks – Mind Cure Health Inc. (CSE: MCUR) (OTCQX: MCURF) (FRA: 6MH) Enters Strategic LOI to Distribute Ketamine Protocol

Mind Cure Health (CSE: MCUR) (OTCQX: MCURF) (FRA: 6MH), a leader in advanced proprietary technology and research for psychedelics, has signed a nonbinding letter of intent with Awakn Life Sciences (NEO: AWKN)(OTCQB: AWKNF). Awakn is a biotechnology company with clinical operations focused on researching, developing and delivering psychedelic medicine to better treat addiction. According to the agreement, MINDCURE will distribute Awakn’s ketamine-assisted psychotherapy for alcohol use disorder protocol via its digital therapeutics platform, iSTRYM. Distribution began in August when MINDCURE released the minimum viable product version of iSTRYM into partner clinics across North America with full commercial deployment to all partner clinics slated for…

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