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TuesdayMay 17, 2022 2:34 pm

NetworkNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Launches Upgraded RKings Tournament Platform

Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of gaming platforms, systems and gaming content, has launched an upgraded Tournament platform. The robust new version of the platform includes added features and functionality specifically for Rkings’ players in Ireland and the United Kingdom. GMGI anticipates that the new platform will lead to an increase in the monthly number of skill tournaments as well as the number of participants, which should generate stronger revenue and profit from the RKings’ space. In addition, the company noted that the platform can be introduced into other regulated markets because of its scalability. GMGI…

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TuesdayMay 17, 2022 2:20 pm

NetworkNewsBreaks – Knightscope Inc. (NASDAQ: KSCP) to Deploy ASR Service for Fortune 500 Distribution Center

Knightscope (NASDAQ: KSCP), a developer of advanced physical security technologies focused on enhancing U.S. security operations, today announced that a Kentucky-based Fortune 500 distribution center is the latest client to subscribe to its Autonomous Security Robot (“ASR”) service. The announcement reads, “Distribution, manufacturing and shipping warehouses have long been targets for criminals due to several unique characteristics presenting a range of security threats that can be challenging to solve. Such examples include their proximity to high-crime areas; the often-valuable property located on premises (many times attracting employees to steal); the use of potentially lethal hazards leading to false/fraudulent injury claims;…

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TuesdayMay 17, 2022 2:11 pm

NetworkNewsBreaks – Industrial Nanotech Inc. (INTK) Announces Exceptional Financial Performance for Q1 2022

Industrial Nanotech (OTC: INTK) is a global leader in advanced nanotechnology-based solutions for energy efficiency and sustainability. The company today announced that, despite strong economic headwinds, it posted sterling financial results for the first quarter ended March 31, 2022. Among the highlights, the company reported a March quarter revenue record of $3 million, up 678% from $385,793 in the previous quarter (Dec. 31, 2021), reflecting the most positive result ever recorded in the company’s history. “We delivered an exceptional first-quarter performance with record revenue profitability, driven by strong demand and excellent execution across all levels of the business,” said Stuart…

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TuesdayMay 17, 2022 2:06 pm

NetworkNewsBreaks – Cybin Inc. (NEO: CYBN) (NYSE American: CYBN) Announces Participation in May 18 NYSE Trading Bell Ceremony

Cybin (NEO: CYBN) (NYSE American: CYBN), a biopharmaceutical company focused on progressing Psychedelics to Therapeutics(TM), will be participating in the morning trading bell ceremony at the New York Stock Exchange on May 18, 2022. The first psychedelics company to be listed on the NYSE, Cybin started trading on the exchange in August 2021. In addition, Cybin announced that management team members will be hosting in-person meetings with institutional investors in New York City on May 18–19. “We are delighted to be part of this ceremony as we celebrate the innovation that Cybin is bringing to the challenges of mental health treatments…

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TuesdayMay 17, 2022 1:40 pm

NetworkNewsBreaks – EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQB: EVGIF) Announces NCIB

EverGen (TSX.V: EVGN) (OTCQB: EVGIF), Canada’s renewable natural gas (“RNG”) infrastructure platform, today announced that it has filed with the TSX Venture Exchange (“TSXV”) a Notice of Intention to Make a Normal Course Issuer Bid (“NCIB”). The NCIB, implementation of which is subject to the approval of the TSXV, will allow the company to purchase issued and outstanding common shares of EverGen through the facilities of the TSXV during a 12 month period. The period is expected to commence on May 23, 2022, and end on May 23, 2023, or such earlier date as EverGen may complete its purchases pursuant…

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TuesdayMay 17, 2022 1:15 pm

NetworkNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Adds Key Personnel to Support Growth

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has released a list of new employees that have been carefully hired to fuel the company’s success and support the company’s growing EV offerings, including the Mullen FIVE EV Crossover and Mullen ONE EV Cargo Van. The individuals are filling roles in an array of areas, such as vehicle engineering, vehicle integration, powertrain systems and manufacturing, and are working in several different locations, including Mullen’s vehicle team in Anaheim, California; its powertrain team in Monrovia, California; and its AMEC manufacturing team in Tunica, Mississippi. The new hires include product engineers…

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TuesdayMay 17, 2022 12:17 pm

NetworkNewsBreaks – Eat Well Investment Group Inc. (CSE: EWG) (OTC: EWGFF) (FRA: 6BC0) Announces Expanded eCommerce Distribution of Amara Organic Foods

Eat Well Investment Group (CSE: EWG) (OTC: EWGFF) (FRA: 6BC0) today announced that one of its investee companies, Amara Organic Foods, which is among the fastest-growing baby food brands in America, is available at The Kroger Co.’s (NYSE: KR) eCommerce platforms, Kroger.com and Vitacost.com. Headquartered in Cincinnati, Ohio, Kroger is one of the largest retailers in the United States, boasting over 2,750 grocery retail stores under a variety of banner names. “Amara is pleased to add more premier eCommerce distribution with Kroger.com, one of the largest retailers in North America,” said Jessica Sturzenegger, CEO of Amara. “Increased distribution through eCommerce…

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TuesdayMay 17, 2022 12:02 pm

NetworkNewsBreaks – GreenBox POS (NASDAQ: GBOX) Releases Q1 2022 Financial Report, Corporate Update

GreenBox (NASDAQ: GBOX), an emerging and rapidly growing fintech company, is reporting its financial numbers for the first quarter ending March 31, 2022. Highlights of the report include Q1 revenues of $4.9 million, up from $4.7 million in the same quarter last year and a processing volume growth for the quarter of $754 million versus $315 million last year. In addition, the company noted that it completed two acquisitions, including its largest acquisition to date, expanding the company’s global footprint with the acquisition of Transact Europe, and that it closed a significant licensing partnership with Cross River Bank, designed to…

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TuesdayMay 17, 2022 11:50 am

NetworkNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Announces Q1-2022 Results, to Host Video Webcast

Energy Fuels (NYSE American: UUUU) (TSX: EFR) today announced its financial results for the quarter ended March 31, 2022. Among the highlights, the company reported a robust balance sheet with $136.6 million of working capital, including $105.8 million of cash and marketable securities, $29.7 million of inventory, and no short- or long-term debt. “Energy Fuels continues to benefit from increases in the prices for all of the critical elements and materials we produce,” said Mark S. Chalmers, Energy Fuels’ president and CEO. “Though volatile, uranium prices have continued to exhibit strength and resilience, which we expect to continue as Russia’s…

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MondayMay 16, 2022 3:29 pm

NetworkNewsBreaks – Creative Medical Technology (NASDAQ: CELZ) Expects $17 Million Gross Proceeds from Private Placement

Creative Medical Technology Holdings (NASDAQ: CELZ), a leading commercial stage biotechnology company focused on a regenerative approach to immunotherapy, urology, neurology, and orthopedics, has entered into a securities purchase agreement. The agreement with several institutional investors to purchase more than 7.5 million shares of common stock or common stock equivalents in a private placement. The shares will be priced at market value. In addition, Creative Medical Technology will issue unregistered warrants to the investors, enabling them to purchase up to 15,111,112 shares of common stock. According to the agreement, those shares will be offered at $2.25 per share. The announcement…

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