TechMediaBreaks – Intevac Inc. (NASDAQ: IVAC) Appoints Financial Management Expert as CFO

July 10, 2024 13:33:18

Intevac (NASDAQ: IVAC), a leading supplier of thin-film processing systems, has announced the appointment of Cameron McAulay as the company’s chief financial officer (“CFO”), effective immediately. McAulay succeeds Kevin Soulsby, who has served as interim CFO since August 2023 and today resumes his role as corporate controller for Intevac. McAulay brings to the company extensive experience in operational finance and over 25 years of financial management expertise. “We are very pleased to welcome to Intevac a CFO with over 20 years of experience in the global electronics and semiconductor industries, with a proven track record of success,” said Nigel Hunton, Intevac’s president and chief executive officer. “Cameron’s substantial public company experience, fresh perspectives, strategic acumen, and true expertise in electronic device manufacturing will make him a tremendous asset to Intevac as we execute on our strategic growth initiatives. I look forward to working in close partnership with Cameron as he succeeds Kevin as our CFO. All of us at Intevac are grateful to Kevin for stepping into the CFO role for the last year.”

To view the full press release, visit https://ibn.fm/N4hEq

About Intevac Inc.

Founded in 1991, Intevac is a leading provider of thin-film process technology and manufacturing platforms for high-volume manufacturing environments. As a long-time supplier to the hard disk drive (“HDD”) industry, its industry-leading 200 Lean(R) platform supports the majority of the world’s capacity for HDD disk media production, as well as all technology upgrade initiatives currently underway in support of next-generation HAMR (heat-assisted magnetic recording) media. With over 30 years of leadership in designing, developing and manufacturing high-productivity, thin-film processing systems, Intevac is also leveraging its technology and know-how for additional markets with its groundbreaking TRIO(TM) platform, which enables high-value coatings to be deployed cost-effectively on an array of glass displays and other substrates, including for consumer devices. For more information, visit the company’s website at www.Intevac.com.

About TechMediaWire

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InvestorNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Receives Contract for K1 Blue Light Towers from Texas High School

July 10, 2024 13:31:00

Knightscope (NASDAQ: KSCP), an innovator in robotics and artificial intelligence (“AI”) technologies focused on public safety, continues to see escalating interest in its K1 Emergency Communication Devices (“ECDs”). The company just received a new ECD contract for K1 Blue Light Towers from a high school in Texas.

According to the announcement, the Texas high school purchased two K1 towers to improve the safety of its campus, which is located south of Houston. In addition to the towers, the school district signed up for the Knightscope Emergency Management System service (“KEMS”), which sends out immediate text/email notifications to specified recipients whenever a help button is pressed, providing added safety. Knightscope noted that the cloud-based application also sends out daily email reports regarding the operational status of systems to system owners, eliminating the need to manually test each device.

“Education officials prioritize campus safety to ensure a secure and enjoyable environment for students, faculty and visitors,” said the company in the press release. “Emergency communications play a vital role in that mission by providing an extra layer of protection with reliable, one-touch access to services such as police, fire and EMS. K1 Blue Light Towers are conveniently placed to provide a direct communication portal in times of danger, personal crisis, medical emergencies, to report suspicious behavior or activities, or for accidents.

Knightscope also announced that it had renewed its full-service maintenance agreement with the city of Mountain View, California, for its network of emergency phones; Knightscope is based in Mountain View.

To view the full press release, visit https://ibn.fm/PIa1k

About Knightscope, Inc.

Knightscope builds cutting-edge technologies to improve public safety. The company’s long-term ambition is to make the United States of America the safest country in the world. For more information about the company, please visit www.Knightscope.com.

NOTE TO INVESTORS: The latest news and updates relating to KSCP are available in the company’s newsroom at https://ibn.fm/KSCP

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TechMediaBreaks – SuperCom Ltd. (NASDAQ: SPCB) Secures $1.8M Contract, Solidifying Status as a Trusted Partner in National ID and e-Government Solutions

July 10, 2024 13:30:00

SuperCom Ltd. (NASDAQ: SPCB), an electronic and digital solutions innovator, recently secured a new $1.8 million contract with a long-standing customer of its e-government division, showcasing the company’s continued competitiveness and the values that help it retain clients. “For over 30 years, SuperCom has been a trusted partner with over 20 national governments around the world, recognized as a global leader in the design, development, integration and delivery of highly secured national ID and e-government solutions… The new $1.8 million contract is with a customer that has been a SuperCom client for over a decade and follows on the heels of SuperCom’s quarterly statement that highlights $5 million in recent orders the company has received from various European governments. ‘This contract not only signifies their satisfaction with our work but also their confidence in SuperCom’s ability to consistently deliver high-quality products and services,’ President and CEO Ordan Trabelsi stated,” a recent article reads. “Much of SuperCom’s corporate focus is on the capacity of its PureSecurity Suite of products to deliver an end-to-end, real-time electronic monitoring (‘EM’) solution marketed principally to judicial and law enforcement agencies as a means of establishing community safety protocols while the agencies explore cost-saving alternatives to incarceration.”

To view the full article, visit https://ibn.fm/zJytm

About SuperCom Ltd.

Since 1988, SuperCom has been a global provider of traditional and digital identity solutions, providing advanced safety, identification and security solutions to governments and organizations, both private and public, throughout the world. Through its proprietary e-government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance and border control services, SuperCom has inspired governments and national agencies to design and issue secure multi-ID documents and robust digital identity solutions to its citizens and visitors. SuperCom offers a unique all-in-one field-proven RFID & mobile technology and product suite, accompanied by advanced complementary services for various industries including security and safety, community public safety, law enforcement, electronic monitoring, and domestic violence prevention. For more information about the company, visit www.SuperCom.com.

NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at http://ibn.fm/SPCB

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TechMediaBreaks – Longeveron Inc.’s (NASDAQ: LGVN) Lomecel-B(TM) Granted RMAT Designation for the Treatment of Mild Alzheimer’s Disease

July 10, 2024 13:08:10

Longeveron (NASDAQ: LGVN), a clinical stage regenerative medicine biotechnology company developing cellular therapies for certain life-threatening and chronic aging-related conditions, today announced that the U.S. Food and Drug Administration (“FDA”) granted Regenerative Medicine Advanced Therapy (“RMAT”) designation to Lomecel-B(TM) for the treatment of mild Alzheimer’s disease. To the company’s knowledge based on publicly available information, Lomecel-B, a proprietary, scalable, allogeneic cellular investigational therapy being evaluated across multiple indications, is the first cellular therapeutic candidate to receive RMAT designation for Alzheimer’s. “The RMAT designation is an important milestone for Longeveron and the Lomecel-B program that recognizes the potential of our cellular therapy to have a positive impact on patients afflicted with this devastating disease,” said Joshua Hare, co-founder, chief science officer and chairman of the board at Longeveron. “Alzheimer’s disease is a neurodegenerative disorder that leads to progressive memory loss and death and currently has very limited therapeutic options. In the CLEAR MIND Phase 2a clinical trial, Lomecel-B demonstrated an overall slowing/prevention of disease worsening compared to placebo. The trial achieved the primary safety and secondary efficacy endpoints and showed statistically significant improvements in pre-specified clinical and biomarker endpoints in specific Lomecel-B groups compared to placebo.”

To view the full press release, visit https://ibn.fm/tuqXb

About Longeveron Inc.

Longeveron is a clinical stage biotechnology company developing regenerative medicines to address unmet medical needs. The company’s lead investigational product is Lomecel-B(TM), an allogeneic medicinal signaling cell (“MSC”) therapy product isolated from the bone marrow of young, healthy adult donors. Lomecel-B has multiple potential mechanisms of action encompassing pro-vascular, pro-regenerative, anti-inflammatory, and tissue repair and healing effects with broad potential applications across a spectrum of disease areas. Longeveron is currently pursuing three pipeline indications: hypoplastic left heart syndrome (“HLHS”), Alzheimer’s disease, and Aging-related Frailty. The Lomecel-B HLHS program has received three separate and distinct FDA designations: Orphan Drug, Fast Track and Rare Pediatric Disease designations. For more information about the company, visit www.Longeveron.com.

NOTE TO INVESTORS: The latest news and updates relating to LGVN are available in the company’s newsroom at http://ibn.fm/LGVN

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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ChineseNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Partners with BuilderX Robotics for POC Project

July 10, 2024 12:55:47

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, has signed an agreement for a proof of concept (“POC”) project with BuilderX Robotics. According to the announcement, the project is designed to address key challenges that exist in diverse industrial settings, such as the presence of hazardous gases, severe dust conditions that create health risks to human operators, and poor visibility conditions. The project outlines plans for BuilderX to use Foresight’s high-resolution point cloud technology and automatic calibration features to enhance the accuracy of its perception systems. Based in China, BuilderX develops of remote-controlled devices for heavy machinery operation in hazardous industrial environments. “This integration could potentially improve the safety of remote operations and increase efficiency by enabling continuous operation in hazardous environments,” said the company in the press release. “A successful project completion could possibly lead to the integration of Foresight’s technology into BuilderX’s existing heavy machinery fleet.

To view the full press release, visit https://ibn.fm/qLEFM

About Foresight Autonomous Holdings Ltd.

Foresight Autonomous Holdings is a technology company developing smart multispectral vision software solutions and cellular-based applications. Through the company’s wholly owned subsidiaries — Foresight Automotive Ltd., Foresight Changzhou Automotive Ltd. and Eye-Net Mobile Ltd. — Foresight develops both “in-line-of-sight” vision systems and “beyond-line-of-sight” accident-prevention solutions. Foresight vision solutions include modules of automatic calibration and dense three-dimensional (“3D”) point cloud that can be applied to different markets such as automotive, defense, autonomous vehicles and heavy industrial equipment. Eye-Net Mobile’s cellular-based solution suite provides real-time, precollision alerts to enhance road safety and situational awareness for all road users in the urban mobility environment by incorporating cutting-edge AI technology and advanced analytics. For more information, visit the company’s website at www.ForesightAuto.com.

NOTE TO INVESTORS: The latest news and updates relating to FRSX are available in the company’s newsroom at http://ibn.fm/FRSX

About ChineseWire

ChineseWire (“CW”) is a specialized communications platform with a focus on promising China-based companies that are listed in North America. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CW brings its clients unparalleled recognition and brand awareness. CW is where breaking news, insightful content and actionable information converge.

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InvestorNewsBreaks – LQWD Technologies Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Reports on Status of Bitcoin Lightning Network Operations

July 10, 2024 12:50:18

LQWD Technologies (TSX.V: LQWD) (OTCQB: LQWDF), a leader in providing global-enterprise, grade-transaction infrastructure for the Bitcoin Lightning Network (Lightning) is providing an update on its operational progress. According to the announcement, the company has seen volume growth more than quadruple since last year’s implementation of a sophisticated artificial-intelligence (“AI”)-driven channel rebalancing system. Since 2021, the company has enabled routing for more than 635,000 transactions and 640 Bitcoin through its Lightning infrastructure, totaling an estimated C$31.7 million in transacted dollar value. The company noted that it anticipates increased volume through partnerships with prominent Bitcoin Lightning Network technology companies AMBOSS and BREEZ, both of which are integrating into LQWD’s transaction infrastructure and liquidity services. “LQWD’s scalable revenue-generating model earns fees for each transaction routed through the company’s LN infrastructure,” said the company in the press release. “These fees are paid in fractions of Bitcoin, which are nominal in terms of dollar value at the present time. However, it is anticipated that routing fees and liquidity service fees will increase based on the continued rapid adoption of Lightning and increasing volume growth through LQWD’s infrastructure. As the second-largest routing node operator on the network, LQWD is firmly established and trusted within the LN ecosystem. LQWD’s network is now established in 18 countries with well over 1,100 LN connected channels, and increasing channel growth and transactions in France, Singapore, Sweden, Italy, Japan, South Korea and Indonesia. LQWD’s Canada node remains among the top ten connected nodes on the Lightning Network.”

To view the full press release, visit https://ibn.fm/KAq2I

About LQWD Technologies Corp.

LQWD is building the infrastructure to make instant, low-cost, internet-powered payments happen. The company is building enterprise-ready infrastructure for open payments for the internet at scale, using the Lightning Network. LQWD is a Bitcoin-backed, audited, publicly traded company. For more information, please visit www.LQwDFintech.com.

NOTE TO INVESTORS: The latest news and updates relating to LQWDF are available in the company’s newsroom at https://ibn.fm/LQWDF

About InvestorWire

InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

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InvestorNewsBreaks – ECGI Holdings Inc. (ECGI) Announces Strategic Board Appointment of AI Expert

July 10, 2024 12:33:10

ECGI (OTC: ECGI), a diversified holding company with a unique portfolio in viticulture, hospitality and luxury fashion, today announced the addition of artificial intelligence (“AI”) and machine learning expert Mandeep Singh to its board of advisors. The strategic move aims to enhance ECGI Holdings’ expertise as it prepares for Pacific Saddlery’s launch of a new line of ready-to-wear equestrian apparel under its Allon brand. With a distinguished career in AI, machine learning and data science, Singh brings a wealth of expertise that promises to drive innovation and growth. “We are thrilled to welcome Mandeep to our board of advisors,” said Jamie Steigerwald, CEO of ECGI Holdings. “This pivotal moment marks a bold step forward for ECGI as we prepare to revolutionize the luxury equestrian sector. With Mandeep’s cutting-edge expertise in AI and machine learning, we are poised to achieve extraordinary advancements.”

To view the full press release, visit https://ibn.fm/osl2V

About ECGI Holdings Inc.

ECGI is a diversified holding company with a distinctive portfolio that spans the global $350 billion luxury brands market. Its focus areas include viticulture, luxury fashion and the equestrian markets, which collectively represent significant growth opportunities. In viticulture, ECGI owns and manages Vintner’s Caldera Ranch, a five-acre vineyard in Lake County, California, specializing in Petite Sirah. This bold and rich wine caters to the $252 billion global luxury wine market’s growing demand for unique, high-quality experiences. Additionally, Vintner’s Caldera Ranch serves as an exclusive short-term rental, tapping into the $121 billion short-term rental market, and offering a unique and immersive wine experience for discerning enthusiasts. In the fashion and equestrian sectors, ECGI has strategically invested in Pacific Saddlery, a premier manufacturer and retailer in the $6.5 billion equestrian apparel market and the $11 billion equestrian equipment market. The integration of luxury fashion with equestrian needs underscores ECGI’s commitment to delivering sophistication and innovation. This unique blend of investments in wine, fashion and equestrian markets highlights ECGI Holdings’ dedication to positioning itself as a distinctive player at the intersection of viticulture and luxury lifestyle. For more information about the company, please contact [email protected].

NOTE TO INVESTORS: The latest news and updates relating to ECGI are available in the company’s newsroom at https://ibn.fm/ECGI

About InvestorWire

InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

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GreenEnergyBreaks — Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI) Launches Prototype to Showcase ZVS Tech

July 10, 2024 11:36:54

Hillcrest (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI), a leader in clean technology and power conversion solutions, has announced the launch of a testing and demonstration program for its latest Zero Voltage Switching (“ZVS”) technology application. According to the announcement, the initiative showcases a prototype designed to highlight the value of Hillcrest’s ZVS technology in power factor correction. “Over the past few months, several clients have inquired about our industry-leading ZVS technology for improving power factor correction,” said Don Currie, CEO of Hillcrest Energy Technologies. “We are currently in discussions with five customers who have requested demonstrations. This new prototype allows us to showcase the superior efficiency and cost-saving potential of our ZVS technology in this new application.”

To view the full press release, visit https://ibn.fm/vXxga

About Hillcrest Energy Technologies Ltd.

Hillcrest is a clean technology company focused on providing advanced power conversion technologies and digital control systems for next-generation powertrains and grid-connected renewable energy systems. From concept to commercialization, Hillcrest is investing in the development of energy solutions that will power a more sustainable and electrified future. Hillcrest is publicly traded on the CSE under the symbol HEAT, on the OTCQB Venture Market as HLRTF and on the Frankfurt Exchange as 7HI. For more information, please visit www.HillcrestEnergy.tech.

NOTE TO INVESTORS: The latest news and updates relating to HLRTF are available in the company’s newsroom at https://ibn.fm/HLRTF

About GreenEnergyStocks

GreenEnergyStocks (“GES”) is a specialized communications platform with a focus on companies working to shape the future of the green economy. GreenEnergyStocks is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, GES is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, GES brings its clients unparalleled recognition and brand awareness. GES is where breaking news, insightful content and actionable information converge.

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InvestorNewsBreaks – Zoned Properties Inc. (ZDPY) Expands Portfolio, Supports Growth of Cannabis Industry with Acquisition of Arizona Property

July 10, 2024 10:55:00

Zoned Properties (OTCQB: ZDPY), a technology-driven property investment company for emerging and highly regulated industries, including legalized cannabis, is acquiring a property in Surprise, Arizona; the property also has a tenant — Sunday Goods — in place. According to the announcement, the acquisition and subsequent development of the property have been funded through cash on hand and a $1.62 million construction loan from a private family office lender. In addition, Zoned Properties will provide Sunday Goods with a $1 million tenant improvement allowance for the construction and development of its retail dispensary on the property. Zoned Properties and Sunday Goods entered a long-term, absolute-net lease agreement, which will produce an approximate 13.4% effective cap rate when straight-lined over the term of the lease agreement. In addition, the lease includes 3% annual increases in base rent, which is projected to produce an estimated $350,000 in annual base rental revenue when straight-lined over the life of the lease term. “We are thrilled to announce the acquisition of our property in Surprise, Arizona, and to welcome Sunday Goods, yet another top-tier cannabis operator, to our growing tenant roster,” said Zoned Properties CEO Bryan McLaren in the press release. “This acquisition is a significant step in our expansion strategy and underscores our commitment to developing high-quality real estate assets in key markets focused on direct-to-consumer cannabis applications. The favorable terms of this construction loan, including its nonrecourse nature, allow us to manage our financial strategy effectively while driving growth and value creation. This new property in Surprise, Arizona, represents our ongoing efforts to strategically expand our portfolio and support the growth of the legalized cannabis industry. The partnership with Sunday Goods highlights our ability to attract best-in-class tenants and execute on our mission of seizing above market average cap rates.”

To view the full press release, visit https://ibn.fm/lkVBi

About Zoned Properties Inc.

Zoned Properties is a technology-driven property investment company focused on acquiring value-add real estate within the regulated cannabis industry in the United States. The company aspires to innovate within the real-estate development sector, focusing on direct-to-consumer real estate that is leased to best-in-class cannabis retailers. Headquartered in Scottsdale, Arizona, Zoned Properties is redefining the approach to commercial real estate investment through its standardized investment process backed by its proprietary property technology. Zoned Properties has developed a national ecosystem of real estate services to support its real estate development model, including a commercial real estate brokerage and a real estate advisory practice. With a decade of national experience and a team of experts devoted to the emerging cannabis industry, Zoned Properties is addressing the specific needs of a modern market in highly regulated industries. The company targets commercial properties that face unique zoning or development challenges, identifies solutions that can potentially have a major impact on their commercial value, and then works to acquire the properties while securing long-term, absolute-net leases. Zoned Properties targets commercial properties that can be acquired and rezoned for specific purposes, including the regulated and legalized cannabis industry. It does not grow, harvest, sell or distribute cannabis or any substances regulated under United States law such as the Controlled Substance Act of 1970. For more information, visit the company’s website at www.ZonedProperties.com

NOTE TO INVESTORS: The latest news and updates relating to ZDPY are available in the company’s newsroom at https://ibn.fm/ZDPY

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MiningNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Reports on Drilling Status, Results at Canada-Based Storm Copper Project

July 10, 2024 10:35:24

Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF), a publicly traded mineral exploration company exploring for high-grade copper and gold deposits in Virginia and Nunavut, Canada, along with its joint venture partner American West Metals Limited, is releasing an update on drilling and exploration activities at its Storm Copper Project on Somerset Island, Nunavut. According to the update, 30 reverse circulation (“RC “) drill holes have been completed with diamond drilling now also underway; the drilling program is increasing with more than 4,450 meters now completed. The company noted that recent drilling has targeted expansion at the Cyclone and Chinook Prospects as well as delineation drilling at Lightning Ridge and Thunder Prospect. The report stated that visual results have been received for 16 of the Lightning Ridge and Cyclone Deposit drill holes, and those results indicate a 100% hit rate for copper sulfides. The program is being conducted by American West Metals Limited. “The 2024 exploration program has ramped up production, and we are on track to drill the proposed 20,000 meters this season,” said Aston Bay CEO Thomas Ullrich in the press release. “The summer phase of drilling is hitting visual copper mineralization in every hole, expanding the already large zone of high-grade copper mineralization at Cyclone and confirming additional mineralization around last year’s discovery at Lightning Ridge. Most exciting for me is the intersection of a thick zone of copper sulfide mineralization across the fault from Cyclone in the down-dropped Central Graben. This extensive area holds the potential for significant additional discoveries concealed below the surface in this down-faulted block.”

To view the full press release, visit https://ibn.fm/cOb70

About Aston Bay Holdings

Aston Bay is a publicly traded mineral exploration company exploring for high-grade critical and precious metal deposits in the state of Virginia and in Nunavut, Canada. The company is led by CEO Thomas Ullrich with exploration in Virginia directed by the company’s advisor, Don Taylor, the 2018 Thayer Lindsley Award winner for his discovery of the Taylor Pb-Zn-Ag Deposit in Arizona. The company is currently exploring the Storm Copper and Epworth properties in Nunavut and the high-grade Buckingham Gold Vein in central Virginia. The company is also in advanced stages of negotiation on other lands with high-grade copper potential in the area. The company and its joint venture partners, American West Metals Limited and its wholly owned subsidiary, Tornado Metals Ltd. (collectively, American West), have formed a 20/80 unincorporated joint venture and are finalizing a joint venture agreement in respect to the Storm Project property, which hosts the Storm Copper Project and the Seal Zinc Deposit. Under the unincorporated joint venture, Aston Bay shall have a free carried interest until American West has made a decision to mine upon completion of a bankable feasibility study, meaning American West will be solely responsible for funding the joint venture until such decision is made. After such decision is made, Aston Bay will be diluted in the event it does not elect to contribute its proportionate share and its interest in the Storm Project property will be converted into a 2% net smelter returns royalty if its interest is diluted to below 10%. For more information, please visit www.AstonBayHoldings.com.

NOTE TO INVESTORS: The latest news and updates relating to ATBHF are available in the company’s newsroom at https://nnw.fm/ATBHF

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TechMediaBreaks – AQUALAB Lead Food Scientist to Host Forum Session at IFT FIRST Annual Event and Expo

July 10, 2024 10:22:37

AQUALAB is the acclaimed leader in water activity and moisture control and measurement solutions for food and pharma companies. The company has announced that Lead Food Scientist, Zachary Cartwright, PhD, an active member of IFT’s Food & Safety committee, will assume a highly visible leadership role at the upcoming IFT FIRST Annual Event and Expo taking place at McCormick Place in Chicago on July 14-17, 2024. Cartwright will host the forum session, “What Technologies are Positively Impacting the Global Water Supply.” Each of the panelists brings extensive experience in applying technologies, science, digital tools, sustainability, reuse, standards, and ecosystem restoration to address the challenges and opportunities of water management. The Institute of Food Technologists (“IFT”) is a forum for passionate food professionals and students to collaborate, learn and contribute, all with the goal of inspiring and transforming collective knowledge into innovative solutions for the benefit of all people around the globe. “Attending the IFT FIRST conference in Chicago this month is an unparalleled opportunity to connect with industry leaders, discover cutting-edge innovations, and gain invaluable insights that can shape the future of food technology,” said Cartwright.

To view the full press release, visit https://ibn.fm/R4t9R

About AQUALAB

More than 90 of the top 100 food companies in the U.S. own and use AQUALAB devices, as well as many international organizations. Widespread use across the food industry includes a strong market presence in sectors such as snack foods, pet foods, dairy, and processed meats. Precision water activity measurements help food production companies to optimize quality assurance, guarantee safety, reduce R&D and production costs, and extend shelf life. Important to note is that brands such as Hostess, Kemin, Clif Bar, Arkopharma, and Thorne, among others, have embraced AQUALAB’s solutions. With offices in the U.S., Europe, Latin America, and Asia, complemented by an extensive distributor network, AQUALAB maintains a global presence that mirrors its impact. Beyond its core expertise in water activity, the company offers a comprehensive suite of solutions, including moisture content analysis, isotherm generators, drying optimization software, food formulation software, sensory analysis, and R&D consulting. For more information about the company, visit www.Aqualab.com.

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Canada Gives Glencore Conditional Approval to Take Over Teck Coal Unit

July 10, 2024 10:05:00

Last week, the government of Canada approved the acquisition of a steelmaking coal business by Glencore from Teck Resources, albeit with strict regulations to preserve jobs. This approval comes after a consortium led by Glencore entered into one of the biggest deals in the mining sector to acquire the steelmaking coal unit for $9 billion in November 2023.

Prior to sealing the deal, Glencore had offered to pay $8.2 billion for this unit. Jonathan Price, CEO of Teck Resources, stated that company management had…

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MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

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Concerns Grow Regarding Market Consolidation as Moody’s Exits ESG Ratings Segment

July 10, 2024 10:05:00

Stakeholders believe that the imminent exit by Moody’s from the environmental, social and governance (ESG) ratings segment may apply upward pressure on prices, speed up consolidation in the ratings segment and create a gap in the market. In a recent statement, the leading global provider of credit ratings, research and risk analysis confirmed that it would close its ESG solutions business and put an end to its scoring products. This comes after the company announced that it was party to a strategic partnership with MSCI last week.

Under the terms of this partnership, Moody’s shall start offering MSCI ratings and data to its clients. MSCI shall also be provided access to the…

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NOTE TO INVESTORS: The latest news and updates relating to First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF) are available in the company’s newsroom at https://ibn.fm/FSTTF

About ESGWireNews

ESGWireNews (“ESG”) is a specialized communications platform with a focus on the Environmental, Social and Governance (ESG) sector and public companies committed to sustainable corporate practices. ESGWireNews is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, ESG is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, ESG brings its clients unparalleled recognition and brand awareness. ESG is where breaking news, insightful content and actionable information converge.

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New EU Tariffs on Chinese EVs Take Effect

July 10, 2024 10:05:00

In a move predicted to stoke tensions between the European Union (EU) and China, the EU has levied a 37.6% import tariff on electric vehicles manufactured in China. European Union leaders first announced the provisional tariffs several weeks ago as part of efforts to protect European automakers from Chinese automakers supported by billions of dollars in government subsidies.

With the U.S. market largely off limits to Chinese automakers even before the United States levied a 100% tariff on EV imports from China, Chinese carmakers turned to…

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GreenCarStocks (“GCS”) is a specialized communications platform with a focus on electric vehicles (“EVs”) and the green energy sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, GCS is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled recognition and brand awareness. GCS is where breaking news, insightful content and actionable information converge.

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Samsung Anticipates Profit Jump After Incorporating AI

July 10, 2024 10:05:00

Samsung is currently the biggest maker of smartphones, memory chips and televisions. Over the last 12 months, optimism about artificial intelligence (AI) has seen the market rally for these chips grow, with NASDAQ and the S&P 500 hitting new records last week.

Recently, Samsung Electronics announced that it expected its profits from the second quarter of the year to rise by a…

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NOTE TO INVESTORS: The latest news and updates relating to D-Wave Quantum Inc. (NYSE: QBTS) are available in the company’s newsroom at https://ibn.fm/QBTS

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AINewsWire (“AINW”) is a specialized communications platform with a focus on the latest advancements in artificial intelligence (“AI”), including the technologies, trends and trailblazers driving innovation forward. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, AINW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, AINW brings its clients unparalleled recognition and brand awareness.

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Social Workers Urge Biden to Decriminalize Rather Than Just Reclassify Marijuana

July 10, 2024 10:05:00

Social workers are pushing for President Joe Biden to fully eliminate marijuana from the Controlled Substances Act (CSA), arguing that there is a need for the drug’s decriminalization. This comes even after the White House proposed that the drug be downgraded to Schedule 3 from Schedule 1.

In a letter penned to Biden, 148 social workers explained that cannabis criminalization had torn apart families, mainly affecting communities of…

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CannabisNewsWire (“CNW”) is a specialized communications platform with a focus on cannabis news and the cannabis sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled recognition and brand awareness. CNW is where breaking news, insightful content and actionable information converge.

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30 Years Later, Amazon Now Dominates eCommerce

July 10, 2024 10:05:00

On July 5,1994, Jeff Bezos founded Amazon as a bookselling business in his garage. Three decades later, Amazon is one the largest companies globally. The company’s value currently stands at $2.08 trillion.

Let’s look at the company’s trajectory, from the beginning to its current position in the…

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NOTE TO INVESTORS: The latest news and updates relating to NextPlat Corp. (NASDAQ: NXPL, NXPLW) are available in the company’s newsroom at https://ibn.fm/NXPL

About BioMedWire

BioMedWire (“BMW”) is a specialized communications platform with a focus on the latest developments in the Biotechnology (BioTech), Biomedical Sciences (BioMed) and Life Sciences sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, BMW brings its clients unparalleled recognition and brand awareness.

BMW is where breaking news, insightful content and actionable information converge.

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CurrencyNewsBreaks – PayPal Holdings Inc. (NASDAQ: PYPL) Stock Performance and Outlook

July 10, 2024 09:36:56

PayPal Holdings (NASDAQ: PYPL), a leading digital payments platform, has been experiencing a period of stagnation in its stock performance, contrasting sharply with the broader market’s gains, particularly the S&P 500’s climb to new highs. This stagnation comes despite the company’s reported increase in transaction volume, a key indicator of its operational health and potential for revenue growth. PayPal’s ability to generate significant free cash flow (“FCF”) from this increased transaction activity is a critical factor that could drive its stock performance in the near future.

The company’s stock has seen a nearly 3% decline this year and an 11% drop over the past twelve months, as highlighted by InvestorPlace. Despite these challenges, PayPal’s current trading price of $59.52, with a slight increase of $0.43 or approximately 0.72% in a recent session, reflects investor optimism. The stock’s fluctuation between a low of $58.44 and a high of $59.52 during the day, and its trading range of $50.25 to $76.54 over the past year, underscore the volatility and the potential upside for investors.

PayPal’s market capitalization of approximately $62.26 billion, coupled with a trading volume of 3.84 million shares on the NASDAQ exchange, demonstrates the company’s substantial size and liquidity in the market. These factors are essential for investors, as they indicate PayPal’s ability to withstand market fluctuations and capitalize on growth opportunities.

The company’s focus on maintaining a robust share repurchase program and sustaining its net income growth rate are strategic moves that could bolster investor confidence. These efforts are expected to contribute positively to PayPal’s earnings per share (“EPS”) in 2024, potentially exceeding the less optimistic consensus among analysts. This outlook is particularly relevant for investors looking for opportunities in stocks that are currently undervalued but have strong fundamentals and growth prospects.

Cathie Wood’s inclusion of PayPal in her portfolio, despite the recent downturn in her funds’ performance relative to major indexes, signals her belief in the stock’s undervaluation and growth potential. As a renowned investor known for identifying high-growth opportunities, Wood’s interest in PayPal suggests that the company’s current stock price levels represent a compelling entry point for long-term investors. This perspective, combined with PayPal’s operational strengths and strategic initiatives, positions the company as an attractive investment option amidst the current market dynamics.

To view the company’s most recent earnings release, visit https://ibn.fm/f4Ufg

About PayPal

PayPal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy. For more information, visit www.PayPal.com.

About CurrencyNewsWire

CurrencyNewsWire (“CNW”) is a state-of-the-art digital hub that aggregates and disseminates news and information covering the fast-moving financial markets. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. CNW covers companies, currencies and events that impact traditional fiat currencies and their market dynamics; cryptocurrencies, blockchain technologies and digital assets; the Federal Reserve’s policies and their influence on financial markets; global economic and monetary trends and their far-reaching influence; regulatory changes and their implication; as well as banking, finance, financial innovations, and investment strategies. CNW is the central platform for understanding the multifaceted world of currencies and finance

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Pinterest Inc. (NYSE: PINS) Analyst Insights and Market Performance

July 10, 2024 09:35:00
  • Bank of America highlights Pinterest for significant revenue growth in 2024, driven by strategic partnerships and AI integration
  • Wedbush maintains a “Neutral” rating on Pinterest but raises the price target to $46, indicating a potential upside of 5.73%
  • Pinterest’s stock shows a stable trading pattern with a year’s high of $45.185 and a low of $23.59, reflecting growth potential amidst market volatility

Bank of America has recently highlighted Pinterest (NYSE: PINS) as a key stock to watch in the latter half of 2024, emphasizing its potential for significant revenue growth. This interest in Pinterest is part of a larger analysis focusing on over 100 market catalysts, particularly within the internet and e-commerce sectors. Pinterest’s anticipated revenue boost is attributed to its strategic third-party partnerships, a notable collaboration with Google, and the integration of innovative AI tools. These initiatives are expected to generate around $140 million in partnership revenues for 2024, showcasing Pinterest’s proactive approach to leveraging technology and partnerships to drive growth.

In a related development, Wedbush maintained a “Neutral” rating on Pinterest, with analyst Scott Devitt setting a new price target of $46, up from its current price of approximately $43.51. This adjustment reflects a modest optimism about Pinterest’s stock, suggesting a potential upside of…

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For more information, visit the company’s website at www.Pinterest.com

About InvestorWire

InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

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BioMedNewsBreaks — VolitionRx Limited (NYSE American: VNRX) appoints PharmaVentures for Capture PCR(TM) and Oncology Portfolio Licensing

July 10, 2024 09:30:00

VolitionRx Limited (NYSE American: VNRX), a multi-national epigenetics company focused on saving lives and improving outcomes for people and animals with life-altering diseases, announced the engagement of PharmaVentures Ltd (“PharmaVentures”) to act as an advisor. PharmaVentures will provide strategic advice and transactional support as Volition works towards securing licensing deals with industry leaders for both Nu.Q(R) Cancer – a range of simple blood-based assays to help detect, guide treatment, and monitor cancer, and Capture-PCR(TM) – a novel detection method for liquid biopsy in cancer and potentially other diseases.

“PharmaVentures is a respected, international advisory company with a proven track record in licensing, partnering, and strategic alliances. PharmaVentures’ specialist experience in deal-making and extensive network means that it is ideally placed to support us as we seek to commercialize our potentially ground-breaking oncology and Capture PCR(TM) portfolio,” stated Gael Forterre, Chief Commercial Officer at Volition. ”We have a large amount of study data that we anticipate is close to being ready for inclusion in our data rooms and look forward to negotiating our first licensing deal in the human space.”

Adrian Dawkes, Managing Director, PharmaVentures, commented, “We believe Volition’s cutting-edge, epigenetic technology has the potential to significantly improve patient outcomes in the diagnosis and management of cancer patients and other diseases. Our role is to secure major licensing deals with key industry players and ensure Volition’s low-cost, simple blood tests are accessible worldwide. We are delighted to be supporting Volition in fulfilling its mission.”

To learn more about Volition and its technologies, please visit: www.Volition.com.

About BioMedWire

BioMedWire (“BMW”) is a specialized communications platform with a focus on the latest developments in the Biotechnology (BioTech), Biomedical Sciences (BioMed) and Life Sciences sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, BMW brings its clients unparalleled recognition and brand awareness.

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BioMedNewsBreaks — Longeveron Inc. (NASDAQ: LGVN) Elected New Board Member at Annual Stockholder Meeting

July 10, 2024 09:30:00

Longeveron (NASDAQ: LGVN), a clinical-stage, regenerative-medicine biotechnology company developing cellular therapies for rare, life-threatening and chronic aging-related conditions, including hypoplastic left heart syndrome (“HLHS”) and Alzheimer’s disease, is announcing an addition to its board of directors. According to the announcement, senior healthcare investment banker Neha Motwani was elected to the board during the company’s recent Annual Meeting of Stockholders. Motwani brings more than two decades of experience to her new role as board member. Most recently she was managing director of healthcare investment banking at William Blair; she has also held a variety of roles at Truist Securities, Oppenheimer and Company, Stifel Financial, and Cowen and Company. “I am delighted to welcome Neha, with her tremendous healthcare industry experience, to the board of directors,” said Longeveron cofounder, chief science officer and board chair Joshua Hare in the press release. “Her extensive knowledge of biopharma company operations, financing and capital markets will bring significant value to Longeveron as we continue to advance Lomecel-B(TM), our proprietary, scalable, allogeneic cellular therapy. With five positive clinical trials across three indications, we believe Lomecel-B has the potential to be an important therapy for some of the most difficult diseases and conditions associated with aging.”

To view the full press release, visit https://ibn.fm/VPNqZ

About Longeveron Inc. 

Longeveron is a clinical-stage, biotechnology company developing regenerative medicines to address unmet medical needs. The company’s lead investigational product is Lomecel-B(TM), an allogeneic medicinal signaling cell (“MSC”) therapy product isolated from the bone marrow of young, healthy adult donors. Lomecel-B(TM) has multiple potential mechanisms of action encompassing provascular, proregenerative, anti-inflammatory, and tissue repair and healing effects with broad potential applications across a spectrum of disease areas. Longeveron is currently pursuing three pipeline indications: hypoplastic left heart syndrome (“HLHS”), Alzheimer’s disease and Aging-Related Frailty. The Lomecel-B HLHS program has received three distinct and important FDA designations: Orphan Drug designation, Fast Track designation and Rare Pediatric Disease designation. To learn more about the company, visit www.Longeveron.com.

NOTE TO INVESTORS: The latest news and updates relating to LGVN are available in the company’s newsroom at https://ibn.fm/LGVN

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BioMedWire (“BMW”) is a specialized communications platform with a focus on the latest developments in the Biotechnology (BioTech), Biomedical Sciences (BioMed) and Life Sciences sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, BMW brings its clients unparalleled recognition and brand awareness.

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The 5th Annual NECANN New Jersey Cannabis Convention Projected to Witness Mammoth Turnout

July 10, 2024 08:50:00

The NECANN New Jersey Cannabis Convention will be held in partnership with 420NJevents at the Atlantic City Convention Center, September 6-7. As the NECANN family continues to grow every year, the turnout this year is expected to cross 4,000+ attendees with 200 exhibitors showcasing their innovative business ideas.

The NECANN New Jersey Cannabis Convention has developed robust networking and business connections since its first event in 2019. The convention will be attended by influential canna traders, license holders, dispensary owners, suppliers, investors, ancillary industries, and industry leaders from…

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MiningNewsBreaks – Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF) Reports on Voting Results from Recent Annual General Meeting

July 10, 2024 08:47:44

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF), a leading gold explorer in the Guiana Shield, has released voting results from its annual general and special meeting of the holders of common shares, the holders of options to purchase shares and shareholders. The meeting was held July 9, 2024. According to the report, those in attendance voted in favor of a proposed special resolution to approve the previously announced transaction between G Mining Ventures Corp. (TSX.V: GMIN), Greenheart Gold Inc. (Spinco) and Reunion Gold. The transaction calls for a newly incorporated entity to acquire all issued and outstanding shares of both GMIN and Reunion Gold through a court-approved plan. The report noted that the new company will be listed on the Toronto Stock Exchange. In addition, shareholders approved other resolutions on meeting agenda, including the appointment of Raymond Chabot Grant Thornton LLP as independent auditor for the company, the approval of Reunion Gold’s amended and restated share option plan, and the adoption of Spinco’s share option plan. Shareholders also re-elected Reunion Gold directors for the coming year; those directors included David A. Fennell, Richard Howes, Elaine Bennett, Pierre Chenard, Richard Cohen, Adrian Fleming, Réjean Gourde, Vijay N. J. Kirpalani and Frederick Stanford. “In addition to the approval of the arrangement resolution, we have been advised that the GMIN shareholders approved the arrangement at the special meeting of GMIN shareholders held earlier,” said the company in the press release. “The arrangement is expected to become effective on or around July 15, 2024, subject to, among other things, Reunion Gold obtaining a final order from the Ontario Superior Court of Justice (Commercial List) in respect of the arrangement and the satisfaction or waiver of certain other customary closing conditions.”

To view the full press release, visit https://ibn.fm/gFGrc

About Reunion Gold Corporation

Reunion Gold Corporation is a leading gold explorer in the Guiana Shield, South America. In 2020, Reunion Gold announced an exciting new greenfield gold discovery at its Oko West project in Guyana and announced its maiden Mineral Resource Estimate in June 2023 after only 22 months of resource definition drilling. In February 2024, Reunion Gold announced an updated Mineral Resource Estimate containing a total of 4.3 Moz of gold in Indicated Resources grading 2.05 g/t and 1.6 Moz of gold in Inferred Resources grading 2.59 g/t. For more information about the company, please visit www.ReunionGold.com.

NOTE TO INVESTORS: The latest news and updates relating to RGDFF are available in the company’s newsroom at https://ibn.fm/RGDFF

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MiningNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Closes on Auramet International $15M Loan Facility

July 10, 2024 08:23:45

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF), a company that is advancing the next generation of nickel-sulphide projects, has closed on a previously announced secured loan facility with Auramet International Inc. One of the largest physical precious-metals merchants in the world, Auramet has more than $20 billion in annual revenues and offers a full range of services to participants in the precious-metals supply chain. According to the announcement, the loan, which is due Jan. 9, 2025, is for $15 million. The company reported that the loan has a 1% interest rate per month and is subject to a 2.5% arrangement fee. “At closing, Auramet also received 750,000 one-year warrants with a strike price of $1.42 per common share,” the company stated in the press release. “The loan is subject to such terms and conditions including certain specified positive and negative covenants that are customary for a transaction of this nature. The warrants and the underlying shares are subject to a four-month hold period under applicable Canadian securities laws. The company expects to use the proceeds from the loan for working capital purposes”

To view the full release, visit https://ibn.fm/TbR7S

About Canada Nickel Company Inc.

Canada Nickel is advancing the next generation of nickel-sulphide projects to deliver nickel required to feed the high-growth electric vehicle and stainless-steel markets. Canada Nickel has applied in multiple jurisdictions to trademark the terms NetZero Nickel(TM), NetZero Cobalt(TM) and NetZero Iron(TM), and is pursuing the development of processes to allow the production of net-zero carbon nickel, cobalt and iron products. Canada Nickel provides investors with leverage to nickel in low political-risk jurisdictions. Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp. For more information about the company, visit www.CanadaNickel.com.

NOTE TO INVESTORS: The latest news and updates relating to CNIKF are available in the company’s newsroom at https://ibn.fm/CNIKF

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

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SenesTech Inc. (NASDAQ: SNES) Scores Major Client with Evolve(TM) Deployment in the U.S. Virgin Islands

July 10, 2024 08:05:00
  • SenesTech, a rodent fertility control product provider, has announced the deployment of its already successful Evolve(TM) product to the U.S. Virgin Islands
  • The Wild Ecology Group will administer the initiative and will see a rollout on over 60 islands under the group’s care
  • The deal signifies an opportunity for additional growth for the company, on the heels of an already highly successful rollout in the U.S.

SenesTech (NASDAQ: SNES), a rodent fertility control product provider and the inventor of the only EPA-registered contraceptive for male and female rats, just announced the deployment of its Evolve(TM) flagship product to the U.S. Virgin Islands in an effort administered by The Wild Ecology Group. This represents a new growth opportunity for the company, given that Wild Ecology will place regular orders as it seeks to address the growing invasive rat problem (https://ibn.fm/tqBiN).

“The Wild Ecology Group sees Evolve as part of a long term, sustainable solution to invasive species proliferation and is being rolled out to over 60 islands in our care,” noted Nick Morrison from Wild Ecology Group. “Ultimately, Evolve will be our ‘standard of care’ as we assess our…

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NOTE TO INVESTORS: The latest news and updates relating to SNES are available in the company’s newsroom at https://ibn.fm/SNES

About InvestorWire

InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

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Company Makes Progress in Building Storm-Resistant Clean-Energy System for Tropical Locations

July 10, 2024 08:05:00

The European Union’s PLOTEC project has made notable progress in the development of a storm-resistant clean-energy system for use in tropical locations. Called the Ocean Thermal Energy Conversion (OTEC), the prototype generates electricity by using the temperature difference between colder deep water and warm surface water.

In addition, the system can withstand severe tropical storms, and its design allows it to continue to generate electricity 24/7, even in the wake of major tropical storms, providing a perpetual clean-energy source that can run even after severe weather events in the tropics. The prototype is currently in…

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NOTE TO INVESTORS: The latest news and updates relating to Mullen Automotive Inc. (NASDAQ: MULN) are available in the company’s newsroom at https://ibn.fm/MULN

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GreenEnergyStocks (“GES”) is a specialized communications platform with a focus on companies working to shape the future of the green economy. GreenEnergyStocks is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, GES is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, GES brings its clients unparalleled recognition and brand awareness. GES is where breaking news, insightful content and actionable information converge.

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Court Rules That BNB Sales, Cryptos Aren’t Securities in SEC Case Against Binance

July 10, 2024 08:05:00

Judge Amy Berman Jackson of the U.S. District Court for the District of Columbia recently ruled that secondary BNB sales and crypto are not securities offerings. This ruling marks a notable victory for Binance.US as several claims from the U.S. Securities and Exchange Commission (SEC) were dismissed, according to Binance’s announcement on July 2, 2024.

Binance stated, “The court found that the SEC did not prove that buyers in secondary market sales obtained BNB with an anticipation of gain, which is necessary for meeting the Howey test criteria.” The Howey test, established by the Supreme Court, is used to decide if a transaction is an…

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About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

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Nikola Stock Rises 8%, Analysts Modify Company Rating

July 10, 2024 08:05:00

Last week was a fantastic week for Nikola Corporation (NASDAQ: NKLA), with its stock rising by 8 % on Wednesday. The electric truck maker is experiencing this significant rise after a series of analyst ratings and modified price targets, indicating that analysts are taking a fresh look at the company.

Nikola, whose mission is focused on a zero-emissions world, had its stock climb to as high as $8.97, up from its previous close of $8.04 before finally settling at $8.68. This rise in stock value occurred in the wake of several key progressions within the company. One of these developments was the…

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

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420 with CNW — NCAA Removes Cannabis from List of Banned Substances

July 9, 2024 15:25:00

Marijuana will no longer be prohibited for Division 1 athletes following a vote by the National Collegiate Athletic Association (NCAA). The decision comes approximately five months after the association’s Division I Council recommended the change.

The new policy highlights that cannabis should be viewed similarly to alcohol because it isn’t a performance-enhancing substance. Further, the change follows a…

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About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of an article each business day at 4:20 p.m. Eastern – a tribute to the time synonymous with cannabis culture. The concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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MiningNewsBreaks – Panther Minerals Inc. (CSE: PURR) (OTC: GLIOF) Featured in Article Covering the Role of Nuclear Power in AI Datacenter Growth

July 9, 2024 14:48:30

Financial Gambits recently published an article that discusses the increasing energy demands of artificial intelligence (“AI”) workloads and the potential role of nuclear power in meeting these demands. Tech giants Alphabet (which owns Google), Amazon, and Microsoft have invested $40 billion in data centers from January to March (https://ibn.fm/BgGck) to handle AI workloads, highlighting the significant energy consumption of tools like ChatGPT.

AI’s energy needs are substantial, with a ChatGPT query consuming 10 times more energy than a Google search and having over 180 million users generating over 1.6 billion site visits monthly. As a result, data centers are projected to consume more than 800 TWh by 2026, comparable to the energy usage of entire countries.

The article highlights the shift towards nuclear power to address this energy challenge. As an example, OpenAI’s chief Sam Altman is betting on nuclear energy solutions for data centers as just recently Wyoming Hyperscale has announced plans to buy 100 MW of energy from Altman’s SMR startup Oklo. Additionally, the U.S. federal government is also supporting the nuclear sector, providing a $1.5 billion loan to restart the Palisades nuclear power plant.

This shift towards nuclear power increases the need for domestic uranium supplies, as the U.S. currently imports 90% of its uranium. Recent legislation banning the import of enriched uranium from Russia, a key source, further emphasizes this need. Companies like Panther Minerals Inc. (CSE: PURR) (OTC: GLIOF) may be poised to benefit. The company focuses on domestic uranium projects such as the Boulder Creek Project in Alaska, which has untapped potential. It aims to leverage previous exploration work and use modern exploration techniques in order to position itself as a key player in the evolving energy landscape.

To view the full article, visit https://financialgambits.com/nuclear-power-will-drive-ai-datacenter-growth/

Disclaimer: This article is for informational purposes only and does not constitute a solicitation or offer. The accuracy of the information is not guaranteed. Consult with your financial advisor before making any decisions relating to Panther Minerals Inc. or any other company named herein. Unauthorized use, disclosure or distribution of this article is prohibited. Panther Minerals Inc. is not liable for errors or omissions in this article. Panther Minerals Inc. has engaged InvestorBrandNetwork (IBN) to prepare this article.

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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BioMedNewsBreaks — IGC Pharma Inc.’s (NYSE American: IGC) TGR-63 Demonstrates Blood-Brain Barrier Permeability in Preliminary Findings

July 9, 2024 14:38:46

IGC Pharma (NYSE American: IGC) today announced preclinical data demonstrating TGR-63’s potential as an effective treatment for Alzheimer’s disease. Analysis of the partition coefficient and mass spectrometry of brain tissue in Alzheimer’s murine models indicates that TGR-63 has the potential to cross the blood-brain barrier in humans. The findings build on earlier results demonstrating TGR-63’s efficacy in reducing amyloid plaque in Alzheimer’s mouse models. “These preliminary findings underscore TGR-63’s potential as a safe and effective treatment for Alzheimer’s disease,” said Ram Mukunda, CEO of IGC. “As we forge ahead with this amyloid-targeting drug, we are encouraged by its potential to offer an improved safety profile compared to currently approved treatments. This strategic approach should allow us to offer a diverse portfolio of Alzheimer’s-focused drugs that prioritize patient safety and efficacy. In addition to the focus on Alzheimer’s, we are training sophisticated AI models to analyze potential efficacy of targeting other receptors such as GLP-1, CB1, among others. We have four platforms, IGC-AD1, TGR, IGC-C, IGC-M and LMP. These platforms allow us to modify the core molecule and potentially target other receptors that could impact other diseases and conditions. We are very excited with the possibilities.”

To view the full press release, visit https://ibn.fm/A8hPT

About IGC Pharma Inc.

IGC is focused on Alzheimer’s disease, developing innovative therapies to address this devastating illness. The company’s mission is to transform the landscape of Alzheimer’s treatment with a robust pipeline of five promising drug candidates. IGC-AD1, with previously disclosed interim results, is in a Phase 2 clinical trial for agitation in dementia associated with Alzheimer’s (clinicaltrials.gov, NCT05543681). The remaining four molecules are in the pre-clinical stage of development. TGR-63 has been shown to disrupt the progression of Alzheimer’s by targeting Aβ plaques, a key hallmark of Alzheimer’s. IGC-1C targets tau protein and neurofibrillary tangles, representing a forward-thinking approach to Alzheimer’s therapy. IGC-M3 aims to inhibit the aggregation of Aβ plaques, potentially impacting early-stage Alzheimer’s. LMP is designed to target multiple hallmarks of Alzheimer’s including plaques and tangles for a comprehensive approach to the disease. In addition to its drug development pipeline, IGC is attempting to harness the power of artificial intelligence to develop early disease detection models, optimize clinical trials, and explore new applications for its drugs.

NOTE TO INVESTORS: The latest news and updates relating to IGC are available in the company’s newsroom at https://ibn.fm/IGC

About BioMedWire

BioMedWire (“BMW”) is a specialized communications platform with a focus on the latest developments in the Biotechnology (BioTech), Biomedical Sciences (BioMed) and Life Sciences sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, BMW brings its clients unparalleled recognition and brand awareness.

BMW is where breaking news, insightful content and actionable information converge.

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CannabisNewsBreaks – CannaCon Event to Propel Networking, Knowledge Exchange in Fast-Growing Sector

July 9, 2024 14:26:17

CannaCon, a premier conference company that produces state-of-the-art B2B events for cannabis businesses, marijuana entrepreneurs, investors, and community partners to showcase industry products, people, innovations, and technology, today announced plans to host the 5th CannaCon Midwest St.Paul on Aug. 16-17, 2024. The event, designed to drive growth of the cannabis industry in both the Midwest and nationally while creating lasting value for the sector through high-powered networking and knowledge exchange, is slated to take place at the iconic Saint Paul River Center in St. Paul, Minnesota. Like-minded entrepreneurs and industry professionals will convene for the event with a mission to revolutionize the cannabis market and contribute to a thriving ecosystem. During the two-day conference, attendees will experience world-class educational opportunities while engaging with highly acclaimed industry experts and fostering lasting professional relationships with industry peers.

To view the full press release, visit https://cnw.fm/up1p8

About CannaCon

CannaCon is dedicated to creating and strengthening lifelong partnerships within the emerging cannabis industry. Its mission to provide a global B2B venue for cannabis businesses, marijuana entrepreneurs, investors and community partners to showcase industry products, people, innovations and technology. CannaCon is committed to cultivating business values within the cannabis industry through education and responsible community involvement.

About CannabisNewsWire

CannabisNewsWire (“CNW”) is a specialized communications platform with a focus on cannabis news and the cannabis sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled recognition and brand awareness. CNW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Unveils Revolutionary State-of-the-Art Platform for Digital Ocean-Freight Booking, Management

July 9, 2024 14:15:00

Freight Technologies (NASDAQ: FRGT), a technology-driven logistics company offering Fr8App , its proprietary and industry-leading freight-matching platform powered by artificial intelligence (“AI”) and machine-learning, has officially launched Waavely, its state-of-the-art platform designed to revolutionize ocean-freight booking and management for companies shipping containers between North America and ports around the world. The platform has already begun successfully handling ocean freight, the company reported. The new platform offers several key features, including instant quotes and booking, automation, real-time tracking and full transparency. “Waavely aims to bring unprecedented control, agility and transparency to ocean-freight brokerage through advanced digitalization, and we are extremely proud of this launch, which represents a significant advancement in the management of ocean freight,” said Freight Technologies CEO Javier Selgas in the press release. “By leveraging cutting-edge technology and a free-to-use platform that charges a management fee per load, we help businesses optimize their maritime logistics operations, while reducing costs and improving overall efficiency. Our goal is to support and streamline global shipping and create a more connected and transparent supply chain for our users and customers.”

To view the full press release, visit https://ibn.fm/bCTNO

About Freight Technologies Inc.

Freight Technologies is a technology company developing solutions to optimize and automate the supply chain process. Its wholly owned subsidiary, Freight App Inc. (“Fr8App”), is a business-to-business, cross-border shipping marketplace in the United States-Mexico-Canada Agreement (“USMCA”) region powered by artificial intelligence (“AI”) and machine learning. Focused on making shipping transparent and efficient, Fr8App provides carriers with increased growth opportunities and shippers with flexibility, visibility and simplicity for the once-complex process of international over-the-road (“OTR”) shipping. Fr8App uses its proprietary technology platform to connect carriers and shippers and significantly improve matching and operation efficiency via innovative technologies such as live pricing and real-time tracking, digital freight marketplace, brokerage, transportation management, fleet management and committed capacity solutions. The company is headquartered in Houston, Texas. For more information about the company, please visit www.FR8Technologies.com.

NOTE TO INVESTORS: The latest news and updates relating to FRGT are available in the company’s newsroom at https://ibn.fm/FRGT

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About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – FingerMotion Inc. (NASDAQ: FNGR) Subsidiary Debuts Emergency Response Management Platform

July 9, 2024 13:56:21

FingerMotion (NASDAQ: FNGR), a mobile services and data company, through its contractually controlled subsidiary, Shanghai JuiGe Information Technology Co. Ltd. is offering advanced solutions for nationwide emergency response management. According to the announcement, the company is developing solutions specifically for collaboration with dispatchers, first responders and healthcare agencies during emergency situations in China. Furthermore, the company has received an initial order for the solution, the Advanced Mobile Integrated Command and Communication Platform, which will be installed in vehicles and apparatuses connected to the China’s civil emergency crisis program. Company officials noted that this first contract reflected the trust that industry leaders place in the company’s technological capabilities. In addition, the company anticipates a “steady demand” for the new platform, which is designed to efficiently unify various disaster communication systems, such as emergency vehicles, satellites, mobile cell towers and unmanned aerial vehicles. In addition, the emergency response solution integrates voice, video and data into a unified interface while also streamlining workflows and offering comprehensive insights for enhanced decision-making with better focus, accuracy and speed. “We are thrilled to introduce these innovative solutions tailored specifically for emergency response scenarios as part of our efforts to support the nationwide initiative to enhance disaster response capabilities,” said FingerMotion CEO Martin Shen in the press release. “At FingerMotion, we are driven by a mission to harness our technology in ways that make a tangible difference in people’s lives. These innovations will not only improve the effectiveness of emergency responders but also enhance public safety and well-being. We are honored to have been selected for this critical project. We are committed to the ongoing research and development efforts aimed at providing solutions to meet the evolving needs of crisis and emergency operations.”

To view the full press release, visit https://ibn.fm/A6qM8

About FingerMotion Inc.

FingerMotion is an evolving technology company with a core competency in mobile payment and recharge platform solutions in China. As the user base of its primary business continues to grow, the company is developing additional value-added technologies to market to its users. The vision of the company is to rapidly grow the user base through organic means and have this growth develop into an ecosystem of users with high engagement rates utilizing its innovative applications. Developing a highly engaged ecosystem of users would strategically position the company to onboard larger customer bases. FingerMotion eventually hopes to serve more than 1 billion users in the China market and expand the model to other regional markets. For more information about the company, please visit www.FingerMotion.com.

NOTE TO INVESTORS: The latest news and updates relating to FNGR are available in the company’s newsroom at https://ibn.fm/FNGR

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – FingerMotion Inc. (NASDAQ: FNGR) Subsidiary Debuts Emergency Response Management Platform

July 9, 2024 13:56:19

FingerMotion (NASDAQ: FNGR), a mobile services and data company, through its contractually controlled subsidiary, Shanghai JuiGe Information Technology Co. Ltd. is offering advanced solutions for nationwide emergency response management. According to the announcement, the company is developing solutions specifically for collaboration with dispatchers, first responders and healthcare agencies during emergency situations in China. Furthermore, the company has received an initial order for the solution, the Advanced Mobile Integrated Command and Communication Platform, which will be installed in vehicles and apparatuses connected to the China’s civil emergency crisis program. Company officials noted that this first contract reflected the trust that industry leaders place in the company’s technological capabilities. In addition, the company anticipates a “steady demand” for the new platform, which is designed to efficiently unify various disaster communication systems, such as emergency vehicles, satellites, mobile cell towers and unmanned aerial vehicles. In addition, the emergency response solution integrates voice, video and data into a unified interface while also streamlining workflows and offering comprehensive insights for enhanced decision-making with better focus, accuracy and speed. “We are thrilled to introduce these innovative solutions tailored specifically for emergency response scenarios as part of our efforts to support the nationwide initiative to enhance disaster response capabilities,” said FingerMotion CEO Martin Shen in the press release. “At FingerMotion, we are driven by a mission to harness our technology in ways that make a tangible difference in people’s lives. These innovations will not only improve the effectiveness of emergency responders but also enhance public safety and well-being. We are honored to have been selected for this critical project. We are committed to the ongoing research and development efforts aimed at providing solutions to meet the evolving needs of crisis and emergency operations.”

To view the full press release, visit https://ibn.fm/A6qM8

About FingerMotion Inc.

FingerMotion is an evolving technology company with a core competency in mobile payment and recharge platform solutions in China. As the user base of its primary business continues to grow, the company is developing additional value-added technologies to market to its users. The vision of the company is to rapidly grow the user base through organic means and have this growth develop into an ecosystem of users with high engagement rates utilizing its innovative applications. Developing a highly engaged ecosystem of users would strategically position the company to onboard larger customer bases. FingerMotion eventually hopes to serve more than 1 billion users in the China market and expand the model to other regional markets. For more information about the company, please visit www.FingerMotion.com.

NOTE TO INVESTORS: The latest news and updates relating to FNGR are available in the company’s newsroom at https://ibn.fm/FNGR

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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CannabisNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Completes Dosing in Second GLP-1 Human Pilot Study

July 9, 2024 13:31:22

Lexaria Bioscience (NASDAQ: LEXX, LEXXW), a global innovator in drug delivery platforms, today announced that human pilot study #2, GLP-1-H24-2, has now completed all dosing. The final DehydraTECH study arm used a Rybelsus(R) composition processed with DehydraTECH that is compliant with the FDA’s Inactive Ingredient Database (“FDA IID”), delivered within an in-mouth dissolvable tablet. According to the announcement, this will be the first study designed to investigate whether DehydraTECH-enhanced semaglutide can absorb at any level systemically through the sublingual/buccal tissues of the mouth and throat with fewer side effects than from swallowed administration, and with some effective drug delivery into the bloodstream. “Lexaria is delighted that our contracted clinical research organization was able to complete the active phase of the study on schedule,” said Lexaria CEO Chris Bunka. “The results of this study are expected to validate our earlier work with semaglutide, and also to discover whether it is possible to achieve any absorption of this market-leading GLP-1 drug through the tissues of the mouth.”

To view the full press release, visit https://cnw.fm/mIrJI

About Lexaria Bioscience Corp.

DehydraTECH(TM) is Lexaria’s patented drug delivery formulation and processing platform technology that improves the way active pharmaceutical ingredients (“APIs”) enter the bloodstream through oral delivery. Since 2016, Lexaria has developed and investigated DehydraTECH with a variety of beneficial molecules in oral and topical formats. DehydraTECH has repeatedly demonstrated the ability to increase bio-absorption and has also evidenced an ability to deliver some drugs more effectively across the blood brain barrier, which Lexaria believes to be of particular importance for centrally active compounds. Lexaria operates a licensed in-house research laboratory and holds a robust intellectual property portfolio with 46 patents granted and many patents pending worldwide. For more information, visit the company’s website at www.LexariaBioscience.com.

NOTE TO INVESTORS: The latest news and updates relating to LEXX are available in the company’s newsroom at https://cnw.fm/LEXX

About CannabisNewsWire

CannabisNewsWire (“CNW”) is a specialized communications platform with a focus on cannabis news and the cannabis sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled recognition and brand awareness. CNW is where breaking news, insightful content and actionable information converge.

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InvestorNewsBreaks – Golden Matrix Group Inc.’s (NASDAQ: GMGI) Releases Q2 Financial Report, Reports Record Revenue

July 9, 2024 13:05:00

Golden Matrix (NASDAQ: GMGI), an international developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, is reporting on its second-quarter financials. The report shows revenues of more than $39 million for the company, a record high for the company. The report reflects the three-month period ended June 30, 2024. The company indicated that the report reflects consolidated revenues from both GMGI and MeridianBet Group, which it acquired earlier this year. Highlights of the report include the rollout of new technology; the completion of an updated website for RKingsCompetitions Ltd.; and the granting of two new licenses in South Africa and Peru for MeridianBet Group, indicating the company’s global expansion focus. In addition, the report indicated that MeridianBet Group’s operating Sportsbook in Brazil continues to post strong results and its state-of-the-art gaming portfolio, Expanse Studios, continues to generate strong revenues and sign up new casino operators. “Our acquisition of MeridianBet Group is off to a great start, with this strong initial quarter and expectations for continued growth of revenues and profits for the foreseeable future,” said Golden Matrix CEO Brian Goodman in the press release. “Mr. Aleksandar Milovanović, the largest shareholder of the company, recently convert[ed] $4 million of deferred debt into shares of common stock at a conversion price of $3 per share. We believe this clearly shows confidence in the company and its ongoing performance. We plan to continue to work to strengthen our business-to-business and business-to-consumer segments worldwide, and we are currently evaluating acquisition opportunities, which we hope will further boost our strong core business growth and overall financial performance.”

To view the full press release, visit https://ibn.fm/ycP8e

About Golden Matrix Group Inc.

Golden Matrix Group, based in Las Vegas, Nevada, is an established business-to-business (“B2B”) and business-to-consumer (“B2C”) gaming technology company operating globally across multiple international markets. The B2B division of Golden Matrix develops and licenses proprietary gaming platforms for its extensive list of clients. Its B2C division, RKings, operates a high-volume eCommerce site enabling end users to enter paid-for competitions on its proprietary platform in authorized markets. The company also owns and operates MEXPLAY, a regulated online casino in Mexico. Founded in 2001, the MeridianBet Group is a well-established online sports betting and gaming group, licensed and currently operating in 15 jurisdictions across Europe, Africa and South America. The MeridianBet Group’s successful business model utilizes proprietary technology and scalable systems, thus allowing it to operate in multiple countries and currencies and with an omnichannel approach to markets, including retail, desktop online and mobile. The company’s sophisticated software automatically declines any gaming or redemption requests from within the United States, in strict compliance with current U.S. law. For more information about the company, visit www.GoldenMatrix.com.

NOTE TO INVESTORS: The latest news and updates relating to GMGI are available in the company’s newsroom at https://ibn.fm/GMGI

About InvestorWire

InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

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GreenCarNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Approximately $825K Vehicle Order for B4 EV Chassis Cabs

July 9, 2024 12:33:00

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, today announced that its subsidiary, Bollinger Motors, has reached an agreement to sell five all-electric Class 4 Bollinger B4 commercial trucks to Spencer Manufacturing, which will upfit the vehicles into fire rescue trucks. The vehicle order from Spencer Manufacturing, a specialty upfitter of rescue vehicles and fire trucks, including ladder, pumper, tanker, and grass/wildland trucks, is valued at approximately $825,000. “We are excited to work with Spencer Manufacturing to use the Bollinger B4 to keep communities safe,” said Jim Connelly, chief revenue officer for Bollinger Motors. “Durability, reliability and outstanding performance are critical for public safety vehicles and we are proud that Spencer Manufacturing is putting its trust in the Bollinger B4.”

To view the full press release, visit https://ibn.fm/RSYrE

About Mullen Automotive Inc.

Mullen is a Southern California-based automotive company building the next generation of commercial electric vehicles (“EVs”) with two United States-based vehicle plants located in Tunica, Mississippi (120,000 square feet) and Mishawaka, Indiana (650,000 square feet). In August 2023, Mullen began commercial vehicle production in Tunica. In September 2023, Mullen received IRS approval for federal EV tax credits on its commercial vehicles with a Qualified Manufacturer designation that offers eligible customers up to $7,500 per vehicle. As of January 2024, both the Mullen ONE, a Class 1 EV cargo van, and Mullen THREE, a Class 3 EV cab chassis truck, are California Air Resource Board (“CARB”) and EPA certified and available for sale in the U.S. Recently, CARB issued HVIP approval on the Mullen THREE, Class 3 EV truck, providing up to a $45,000 cash voucher at time of vehicle purchase. The company has also recently expanded its commercial dealer network with the addition of Pritchard EV, National Auto Fleet Group, Ziegler Truck Group, Range Truck Group and Eco Auto, providing sales and service coverage in key Midwest, West Coast and Pacific Northwest and New England markets. The Company also recently announced Foreign Trade Zone (“FTZ”) status approval for its Tunica, Mississippi, commercial vehicle manufacturing center. FTZ approval provides a number of benefits, including deferment of duties owed and elimination of duties on exported vehicles. For more information about the company, visit www.MullenUSA.com.

NOTE TO INVESTORS: The latest news and updates relating to MULN are available in the company’s newsroom at https://ibn.fm/MULN

About GreenCarStocks

GreenCarStocks (“GCS”) is a specialized communications platform with a focus on electric vehicles (“EVs”) and the green energy sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, GCS is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled recognition and brand awareness. GCS is where breaking news, insightful content and actionable information converge.

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InvestorNewsBreaks – TRxADE Health Inc. (NASDAQ: MEDS) Announces Special Cash Dividend

July 9, 2024 12:15:00

TRxADE (NASDAQ: MEDS) today announced that its board of directors has declared a special cash dividend of $1.50 per share of common stock. According to the announcement, the special dividend is being paid using a portion of the proceeds received in May 2024 in connection with the prior sale of the company’s web-based market platform assets. The cash dividend is payable to stockholders of record as of July 19, 2024, with the dividend being paid on or about July 24, 2024.

To view the full press release, visit https://ibn.fm/FPbnT

About TRxADE Health Inc.

TRxADE Health is a parent company with various subsidiaries, which include the pharmaceutical marketplace https://rx.trxade.com and plant-based food https://superlatus.com.

NOTE TO INVESTORS: The latest news and updates relating to MEDS are available in the company’s newsroom at http://ibn.fm/MEDS

About InvestorWire

InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

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TinyGemsBreaks – Amesite Inc.’s (NASDAQ: AMST) NurseMagic(TM) Achieves 93% Accuracy in Answering NCLEX Test Questions

July 9, 2024 10:40:51

Amesite (NASDAQ: AMST) is a leading artificial intelligence software company offering a cloud-based learning platform for business and education markets. The company today announced that its proprietary models that power its NurseMagic(TM) app have demonstrated a 93% accuracy when tested against NCLEX test questions. Accuracy is essential for the growing number of nurses using the recently launched app. “Nurse influencers like Cynesse, Nurse Tara and Kesheen, who collectively have audiences of nearly 2 million followers on social media, continue to help us communicate the power and utility of NurseMagic for nurses in everyday practice,” said Dr. Ann Marie Sastry, CEO of Amesite. “We are constantly refining our models to be able to deliver fast, useful and accurate results for nurses that reduce their stress and improve their professional performance. We believe that every practicing and student nurse will benefit from using NurseMagic.”

To view the full press release, visit https://ibn.fm/aLbuz

About Amesite Inc.

Amesite, an education tech SaaS company, offers its proprietary learning platform and content services to deploy affordable and effective AI for white-labeled online learning programs for colleges and universities. The company’s technology platform leverages cutting-edge AI to offer an innovative out-of-the box, AI-powered learning ecosystem, complete with 24/7 learner support, up-to-date content and ready-to-go programs to quickly deploy and generate revenue. With the announcement of NurseMagic(TM), Amesite has entered the B2C AI app market. Amesite has also announced its intention to deliver other apps on its infrastructure including a public safety app that includes training and preparedness for active shooter response. For more information, visit https://amesite.com.

NOTE TO INVESTORS: The latest news and updates relating to AMST are available in the company’s newsroom at https://ibn.fm/AMST

About TinyGems

TinyGems is a specialized communications platform with a focus on innovative small-cap and mid-cap companies with bright futures and huge potential. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TinyGems is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, TinyGems brings its clients unparalleled recognition and brand awareness. TinyGems is where breaking news, insightful content and actionable information converge.

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BioMedNewsBreaks — Annovis Bio Inc. (NYSE: ANVS) Names Four New Members to Executive Team

July 9, 2024 10:28:31

Annovis Bio (NYSE: ANVS), a late-stage, clinical-drug platform company pioneering transformative therapies for neurodegenerative disorders such as Alzheimer’s disease (“AD”) and Parkinson’s disease (“PD”), has announced that four new executives will be joining the company’s management team. The four new leaders include Mark White as chief business officer; Alexander Morris, PhD, as director of strategic communications; Hilda Maibach as senior vice president of statistics; and Blake Jensen as head of quality. White is currently serving as a board member and has held positions of increasing responsibility at Pfizer, Bracco, Abbott and Bayer. Most recently, he was vice president of worldwide marketing at Pfizer, where he led global new product development, business development and in-line marketing for the Inflammation Therapeutic Area. Morin has garnered impressive experience in the science and communications space, specifically in the biopharmaceutical industry. He has served as an account executive at a boutique public relations firm, managing corporate communications strategies for a diverse range of clients, including early-to-late stage biotech companies, nonprofit organizations and large pharma clients. He also has rich experience as a consultant scientist. With more than three decades of experience in all aspects of clinical and observational studies in oncology, infectious disease, metabolic disorders and central nervous system disorders, Maibach brings invaluable expertise to the Annovis team. She has a background in supporting clinical trials with a focus on improving measurement sensitivity and innovating clinical trial design, data acquisition and management. She also has a keen sense of how to incorporate real-world evidence along with bioinformatics tools into clinical study design management to reduce costs and improve outcome reliability. Jensen has two decades of experience with contract service providers and emerging biopharma companies; he has also served as an investigator for the U.S. Food and Drug Administration. His expertise includes designing, building and implementing quality systems from scratch. He has facilitated teams across an array of sectors, including quality-risk management, global audits, vendor management, audit and inspection defense, policy and procedure management, billable audits and quality analytics. “We are delighted to have this strong group of individuals join the Annovis team,” said Annovis Bio founder, president and CEO Maria Maccecchini, PhD., in the press release. “Their expertise and leadership are critical in this pivotal moment in our company, as we continue making strides towards bringing buntanetap closer to NDA and to market for Alzheimer’s and Parkinson’s diseases.”

To view the full press release, visit https://ibn.fm/5pNSR

About Annovis Bio Inc.

Annovis Bio is headquartered in Malvern, Pennsylvania, and is dedicated to addressing neurodegeneration in diseases such as Alzheimer’s disease (“AD”) and Parkinson’s disease (“PD”). The company’s innovative approach targets multiple neurotoxic proteins, aiming to restore brain function and improve the quality of life for patients. For more information about the company, visit www.AnnovisBio.com.

For more information, visit the company’s website at www.AnnovisBio.com, and social channels LinkedIn, X and YouTube.

NOTE TO INVESTORS: The latest news and updates relating to ANVS are available in the company’s newsroom at https://ibn.fm/ANVS

About BioMedWire

BioMedWire (“BMW”) is a specialized communications platform with a focus on the latest developments in the Biotechnology (BioTech), Biomedical Sciences (BioMed) and Life Sciences sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, BMW brings its clients unparalleled recognition and brand awareness.

BMW is where breaking news, insightful content and actionable information converge.

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Alibaba Cloud to Close Data Center Operations in Australia, India

July 9, 2024 10:05:00

China-based Alibaba Group Holding Ltd. (NYSE: BABA) has announced that it is halting its data center operations in Australia and India as it focuses on expanding into southeast Asia and Mexico. The e-commerce company’s cloud computing unit is poised to build new facilities in South Korea, the Philippines, Thailand, Malaysia and Mexico over the next three years as part of companywide efforts to increase infrastructure spending in different markets.

The move to shut down its data center operations in India and Australia is part of Alibaba Cloud’s “infrastructure strategy update.” According to…

Read More>>

About ChineseWire

ChineseWire (“CW”) is a specialized communications platform with a focus on promising China-based companies that are listed in North America. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CW brings its clients unparalleled recognition and brand awareness. CW is where breaking news, insightful content and actionable information converge.

For more information, please visit https://www.ChineseWire.com

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Study Highlights How Psilocybin Impacts Auditory Cortex, Causing Perception Changes

July 9, 2024 10:05:00

New research has generated new insights into how psilocybin influences the auditory cortex in mice models. Psilocybin is a natural psychedelic compound that is found in more than 200 species of fungi. The compound is known to induce altered states of consciousness when ingested, including changes in cognition, mood and perception.

Various studies have investigated the compound’s effectiveness in treating mental-health disorders, including…

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About PsychedelicNewsWire

PsychedelicNewsWire (“PNW”) is a specialized communications platform with a focus on all aspects of psychedelics and the latest developments and advances in the psychedelics sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, PNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, PNW brings its clients unparalleled recognition and brand awareness. PNW is where breaking news, insightful content and actionable information converge.

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InvestorNewsBreaks – Vistagen Therapeutics Inc. (NASDAQ: VTGN) Awarded New Patents from Four Countries to Broaden Global PH80 IP Portfolio

July 9, 2024 10:05:00

Vistagen Therapeutics (NASDAQ: VTGN), a clinical-stage, neuroscience-focused biopharmaceutical company dedicated to the development and commercialization of groundbreaking therapies for psychiatric and neurological disorders based on nose-to-brain neurocircuitry, has received multiple new patents. According to the company, the new patents cover the use of PH80 for the treatment of migraine and represent a broadening of Vistagen’s  global intellectual property portfolio. The patents have been issued from four different countries, including Australia, Hong Kong, Japan and Mexico. A nonsystemic, hormone-free investigational pherine nasal spray, PH80 is being developed as a rapid-onset treatment for hot flashes during menopause; the spray has also shown potential for treatment of premenstrual dysphoric disorder, dysmenorrhea and migraine. A novel class of synthetic neurocircuitry-focused drug candidates for psychiatric and neurological disorders, pherines are odorless and tasteless neuroactive steroids that offer a differentiated mechanism of action and safety profile from all currently approved drugs.

To view the full press release, visit https://ibn.fm/k61co

About Vistagen Therapeutics Inc.

Vistagen Therapeutics is a clinical-stage, neuroscience-focused biopharmaceutical company dedicated to the development and commercialization of groundbreaking therapies for psychiatric and neurological disorders based on its pioneering approach and deep understanding of nose-to-brain neurocircuitry. Designed exclusively as nasal sprays administered at microgram level doses, Vistagen’s diversified pipeline of pherine-product candidates rapidly activate chemosensory neurons in the nasal cavity to impact olfactory system and brain neurocircuitry. Favorable safety profiles have been observed in all clinical studies of Vistagen’s pherine-product candidates completed to date. Vistagen’s neuroscience pipeline also includes an oral prodrug with the potential to modulate NMDA receptor activity in multiple neurological conditions, such as levodopa-induced dyskinesia associated with Parkinson’s disease therapy and neuropathic pain. The company is passionate about creating novel and differentiated treatments that set new standards of care for millions of people living with anxiety, depression and other neurological disorders. For more information about the company, please visit www.Vistagen.com.

NOTE TO INVESTORS: The latest news and updates relating to VTGN are available in the company’s newsroom at https://ibn.fm/VTGN

About InvestorWire

InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

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Please see full terms of use and disclaimers on the InvestorWire website applicable to all content provided by IW, wherever published or re-published: https://www.InvestorWire.com/Disclaimer

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Decentralized Science Could Ease Funding, Developing Breakthrough Ideas

July 9, 2024 10:05:00

Imagine a world where obtaining funding for what could be a groundbreaking idea isn’t a bureaucratic nightmare. Instead of jumping through endless hoops to catch the attention of individuals with big pockets, you share your idea with a global community and receive support and funding from people with the same views and vision.

This is not just a dream or fantasy; it is the reality of decentralized science (DeSci). DeSci is a Web3 movement that leverages blockchain technology to…

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About Web3MediaWire

Web3MediaWire (“W3MW”) is a specialized communications platform with a focus on the next generation of internet technologies. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, W3MW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, W3MW brings its clients unparalleled recognition and brand awareness. W3MW is where breaking news, insightful content and actionable information converge.

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BioMedNewsBreaks – Clene Inc. (NASDAQ: CLNN) to Effect 1-for-20 Reverse Stock Split

July 9, 2024 09:50:00

Clene (NASDAQ: CLNN) (along with its subsidiaries, “Clene”) and its wholly owned subsidiary Clene Nanomedicine Inc., a clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, today announced that it will effect a 1-for-20 reverse stock split at 12:01 a.m. ET on July 11, 2024. According to the announcement, Clene’s common stock will trade on the Nasdaq Capital Market on a split-adjusted basis under a new CUSIP number 185634201 and the company’s existing symbol CLNN at the beginning of trading on July 11. The reverse stock split, for which Equiniti Trust Company LLC is acting as the exchange and transfer agent, is intended to enable Clene to regain compliance with the $1.00 minimum closing bid price required for continued listing on the Nasdaq Capital Market.

To view the full press release, visit https://ibn.fm/rnF4R

About Clene Inc.

Clene (along with its subsidiaries, “Clene”) and its wholly owned subsidiary Clene Nanomedicine Inc., is a late clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, including amyotrophic lateral sclerosis, Parkinson’s disease and multiple sclerosis. CNM-Au8(R) is an investigational first-in-class therapy that improves central nervous system cells’ survival and function via a mechanism that targets mitochondrial function and the NAD pathway while reducing oxidative stress. CNM-Au8(R) is a federally registered trademark of Clene Nanomedicine, Inc. The company is based in Salt Lake City, Utah, with R&D and manufacturing operations in Maryland. For more information, please visit www.Clene.com.

NOTE TO INVESTORS: The latest news and updates relating to CLNN are available in the company’s newsroom at https://ibn.fm/CLNN

About BioMedWire

BioMedWire (“BMW”) is a specialized communications platform with a focus on the latest developments in the Biotechnology (BioTech), Biomedical Sciences (BioMed) and Life Sciences sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, BMW brings its clients unparalleled recognition and brand awareness.

BMW is where breaking news, insightful content and actionable information converge.

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Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) and JV Partner Obtain Key Financing, Move Forward with Storm Copper Project Development

July 9, 2024 08:50:00
  • American West Metals Limited entered into binding agreement with Australian-based Taurus Mining Royalty Fund L.P.
  • The royalty funding supports the advancement of the Storm Copper Project
  • The investment from Taurus is a strong endorsement of the potential at Storm

Aston Bay Holdings (TSX.V: BAY) (OTCQB: ATBHF), a publicly traded mineral exploration company, and its joint venture partner, American West Metals Limited, are making significant plans to move forward on development of the Storm Copper Project, located in Nunavut, Canada. The plans follow the announcement that American West secured nondilutive financing from a leading royalty fund to support exploration and development at Storm (https://ibn.fm/L5Bn2).

According to the announcement, American West entered into a binding agreement with Australian-based Taurus Mining Royalty Fund L.P. The agreement calls for Taurus to provide up to $12.5 million under a royalty package for the Storm Copper Project. In return, Taurus receives a new 0.95% gross override royalty from all production at the project.

“We are very pleased to have secured royalty funding to support the advancement of the Storm Copper Project,” said Dave O’Neill, managing director of American West Metals. “The royalty financing provides American West with a substantial quantum of funds on terms that are considerably more attractive and less dilutionary than alternative equity funding.

“The investment from Taurus is a strong endorsement of the potential at Storm and recognizes the strong foundations for growth established by the exploration and resource delineation work conducted by American West to date,” O’Neill continued. “The company is now well positioned to accelerate the 2024 and 2025 work programs at Storm, with the 2024 summer drilling program now in full swing. This puts American West in a strong position to grow shareholder wealth as the demand outlook for copper reaches an all-time high.”

AmericanWest plans to use the funds to accelerate the Storm 2024 resource expansion and exploration programs. Funds will also be used to bring forward the logistics for the 2025 field activities and expedite the completion of environmental, social and governance (“ESG”); mining; and development studies. Aston Bay will receive 20% of the funding with no use-of-proceeds restriction.

“This is an excellent development for the Storm Project and Aston Bay,” said Thomas Ullrich, Aston Bay CEO. “The royalty financing provides significant funding and is structured to promote rapid advancement of the Storm Copper Project for our partner American West. At the same time, it provides a significant amount of nondilutive funds for Aston Bay to advance our other critical minerals and gold exploration projects in Nunavut and Virginia.”

Aston Bay conducts exploration through safe, socially and environmentally responsible and sustainable work practices. The company embeds core values of health and safety throughout its operations by adhering to strict health and safety standards and practices that meet or exceed industry standards and government codes and regulations.

Aston Bay is a publicly traded mineral exploration company exploring for high-grade critical and precious metal deposits in Nunavut, Canada, and the state of Virginia. The company is led by CEO Thomas Ullrich with exploration in Virginia directed by the company’s advisor, Don Taylor, the 2018 Thayer Lindsley Award winner for his discovery of the Taylor Pb-Zn-Ag Deposit in Arizona. The company is currently exploring the Storm Copper and Epworth Properties in Nunavut and the high-grade Buckingham Gold Vein in central Virginia. The company is also in advanced stages of negotiation on other lands with high-grade critical metals potential in North America.

For more information, visit the company’s website at https://AstonBayHoldings.com.

NOTE TO INVESTORS: The latest news and updates relating to ATBHF are available in the company’s newsroom at https://ibn.fm/ATBHF

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) and JV Partner Obtain Key Financing, Move Forward with Storm Copper Project Development

July 9, 2024 08:50:00
  • American West Metals Limited entered into binding agreement with Australian-based Taurus Mining Royalty Fund L.P.
  • The royalty funding supports the advancement of the Storm Copper Project
  • The investment from Taurus is a strong endorsement of the potential at Storm

Aston Bay Holdings (TSX.V: BAY) (OTCQB: ATBHF), a publicly traded mineral exploration company, and its joint venture partner, American West Metals Limited, are making significant plans to move forward on development of the Storm Copper Project, located in Nunavut, Canada. The plans follow the announcement that American West secured nondilutive financing from a leading royalty fund to support exploration and development at Storm (https://ibn.fm/L5Bn2).

According to the announcement, American West entered into a binding agreement with Australian-based Taurus Mining Royalty Fund L.P. The agreement calls for Taurus to provide up to $12.5 million under a royalty package for the Storm Copper Project. In return, Taurus receives a new 0.95% gross override…

Read More>>

NOTE TO INVESTORS: The latest news and updates relating to ATBHF are available in the company’s newsroom at https://ibn.fm/ATBHF

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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New European EM Contracts Give SuperCom Ltd. (NASDAQ: SPCB) Platform Broader Horizon in Growing Drive for Public Safety

July 9, 2024 08:05:00
  • Israel-headquartered SuperCom Ltd. has developed its PureSecurity Suite of secure identification and electronic monitoring products as an end-to-end solution for increasing public safety worldwide
  • SuperCom recently announced it has received orders valued at over $3 million from European governments, to be delivered in Q3 of 2024
  • In April, the company similarly announced over $5 million in new orders from European governments for the company’s EM solutions, showing that SuperCom’s products and services remain popular in the region

Security solutions innovator SuperCom (NASDAQ: SPCB) is a growing provider of electronic monitoring technologies for a variety of primarily governmental client needs. Applications include the supervision of individuals in criminal cases who have qualified for home-based detention as an alternative to incarceration, as well as rehabilitation and domestic violence prevention programs.

Most recently, the company has announced more than $3 million of orders from EU governments to serve the needs of correctional facilities and law enforcement agencies, adding to the $5 million of new European government orders the company announced in April.

“The new orders strengthen our position as a global leader in electronic monitoring solutions for public safety,” SuperCom President and CEO Ordan Trabelsi stated (https://ibn.fm/3biTe). “Our recent successes in securing substantial orders from European governments reflect our unwavering commitment to delivering exceptional results and our ability to meet the evolving needs of our clients. SuperCom remains dedicated to ensuring successful project execution and fostering lasting partnerships with governments worldwide.”

SuperCom provides traditional and digital identity solutions on an internationally. This year, its most recent contracts have been requisitioned to meet the needs of agencies in Europe. The company has also expressed a particular focus on serving public safety agency needs in the United States as well.

SuperCom’s end-to-end electronic monitoring solution is branded as PureSecurity Suite. It delivers state-of-the-art GPS tracking and monitoring technologies through a secure software platform.

The PureSecurity Suite provides real-time reporting as part of its communication functions. Needs that are served range from ensuring that home-detention orders are obeyed, to substance abuse rehabilitation conditions established as part of treatment.  In addition, real-time reporting can be of critical value when used for court-ordered EM tracking of domestic violence offenders.

SuperCom’s security solutions serve organizations in both the public and private sectors. The company also offers proprietary e-government platforms for traditional identification needs as well as biometrics enrollment, personalization, issuance and border control services.

The company’s e-government division announced its most recent contract acquisition in May when it landed a $1.8 million new project from a long-standing customer.

The company’s solutions also include a Safend’s Data Protection Suite as a software solution for protecting organizations from data leakage and theft. The suite product protects data-in-use, data-at-rest and data-in-motion without hampering workers’ productivity.

“Since 2018, SuperCom has secured over 50 new multi-year government projects,” Trabelsi stated in an April investor discussion about the company’s year-end financial report (https://ibn.fm/yqDoD). “Our strong growing reputation as a premium provider of electronic monitoring solutions and services enhanced our market position with each new customer win.”

The company’s announcement states the new European government contracts are expected to be delivered by the end of the third quarter this year.

For more information, visit the company’s website at www.SuperCom.com.

NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at http://ibn.fm/SPCB

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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New European EM Contracts Give SuperCom Ltd. (NASDAQ: SPCB) Platform Broader Horizon in Growing Drive for Public Safety

July 9, 2024 08:05:00
  • Israel-headquartered SuperCom Ltd. has developed its PureSecurity Suite of secure identification and electronic monitoring products as an end-to-end solution for increasing public safety worldwide
  • SuperCom recently announced it has received orders valued at over $3 million from European governments, to be delivered in Q3 of 2024
  • In April, the company similarly announced over $5 million in new orders from European governments for the company’s EM solutions, showing that SuperCom’s products and services remain popular in the region

Security solutions innovator SuperCom (NASDAQ: SPCB) is a growing provider of electronic monitoring technologies for a variety of primarily governmental client needs. Applications include the supervision of individuals in criminal cases who have qualified for home-based detention as an alternative to incarceration, as well as rehabilitation and domestic violence prevention programs.

Most recently, the company has announced more than $3 million of orders from EU governments to serve the needs of correctional facilities and law enforcement agencies, adding to the $5 million of new…

Read More>>

NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at http://ibn.fm/SPCB

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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420 with CNW — Brazilian Supreme Court Ends Criminalization of Cannabis Possession for Personal Use

July 8, 2024 15:25:00

The Brazilian Supreme Court recently voted to decriminalize cannabis possession for personal use, joining other Latin American nations in this reform and potentially reducing its substantial prison population. The majority of the justices, since the discussions began in 2015, have supported this move.

The justices now need to decide on the maximum amount of cannabis considered for personal use, with the effective date of the ruling…

Read More>>

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of an article each business day at 4:20 p.m. Eastern – a tribute to the time synonymous with cannabis culture. The concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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TechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Expands Joint Commercial Partnership with Leading Provider of Generative AI Software Solutions

July 8, 2024 14:38:16

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the world’s first commercial supplier of quantum computers, is expanding its joint commercial partnership with Zapata Computing Holdings Inc. (NASDAQ: ZPTA) (“Zapata”), a leader in industrial generative artificial intelligence (“AI”) software solutions. According to the announcement, the extended partnership is designed to accelerate the development and delivery of integrated quantum and generative AI solutions in D‑Wave’s Leap™ cloud platform. The new agreement leverages Zapata’s proprietary Universal Generative AI software for rapid development and builds upon D-Wave’s Leap real‑time quantum cloud service to support quantum, hybrid quantum, and classical AI solutions.

As part of the agreement, the two companies will focus on improved and increased energy-efficient model training, more performant models, and the synergistic use of generative AI and quantum optimization.

“Our strategic relationship with Zapata AI brings us another step closer to delivering to our customers the transformative combined power of universal generative AI and quantum computing in a single cloud platform,” said D-Wave CEO Dr. Alan Baratz in the press release. “Zapata has been pioneering quantum-based generative modeling for over five years, well before generative AI stole headlines and became a mainstream enterprise priority. We are excited to deepen our partnership with Zapata and leverage their industry-leading algorithmic capabilities and scientific expertise to bring a quantum-enabled generative AI platform to market.”

To view the full press release, visit https://ibn.fm/ZvbwB

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers—and the only company building both annealing quantum computers and gate-model quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave’s technology has been used by some of the world’s most advanced organizations including Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory. For more information, visit the company’s website at www.DWaveSys.com.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

Forward Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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InvestorNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Signs New Orders for Hemisphere ASR Deployment, K1 Blue Light Emergency Phone

July 8, 2024 13:15:22

Knightscope Closes Three New Contracts for Emergency Communications

Knightscope (NASDAQ: KSCP), an innovator in robotics and artificial intelligence (“AI”) technologies focused on public safety,

Knightscope, Inc. [Nasdaq: KSCP] (“Knightscope” or the “Company”), an innovator in robotics and artificial intelligence (“AI”) technologies focused on public safety, today announces three new contracts for its K1 Emergency Communication Devices (“ECDs”). The new sales will support public safety programs for facilities in South Boston, Virginia; Farmington, Pennsylvania; and Buffalo Grove, Illinois.

South Boston, VA

A global technology company that provides sustainable energy solutions to buildings, utilities, industries and infrastructure sectors purchased their first solar K1 Blue Light Tower for improved safety in an employee parking lot. To expedite the initial sale, Knightscope approved MSC Direct (“MSC”) – an industrial equipment distributor (S&P 400 company) – as its newest authorized partner and MSC added Knightscope as a vendor of emergency phones to their substantial list of suppliers. The success of the initial installation will open many new opportunities for ECDs to be installed at facilities across the United States.

Farmington, PA

A crafts school nestled within the woodlands 60 miles south of Pittsburgh with onsite studios and on-campus lodging will be installing the K1 Call Box to supplement communications due to the lack of public cellular service in the area. The school was able to secure a grant through the state of Pennsylvania to help pay for the optional satellite-based communication device to ensure a reliable method of summoning assistance it times of need.

Buffalo Grove, IL

A family owned and operated electrical construction contractor in the Midwest purchased a K1 Blue Light Tower for a parking area in Buffalo Grove. To enable real-time monitoring of the health and status of deployed emergency communication devices, the client also subscribed to the Knightscope Emergency Management System service (“KEMS”). KEMS sends out immediate text/email notifications whenever a help button is pressed. The cloud-based application also provides system owners automated daily email reports on the operational status of their system rather than having to manually test each device in person as required by competitive products. Alerts concerning issues, real-time error detection/diagnostics, and system performance statistics are delivered to the client to maximize system operation and usability.

To view the full press release, visit https://ibn.fm/VJRhv

About Knightscope, Inc.

Knightscope builds cutting-edge technologies to improve public safety. The company’s long-term ambition is to make the United States of America the safest country in the world. For more information about the company, please visit www.Knightscope.com.

NOTE TO INVESTORS: The latest news and updates relating to KSCP are available in the company’s newsroom at https://ibn.fm/KSCP

About InvestorWire

InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

For more information, please visit https://www.InvestorWire.com

Please see full terms of use and disclaimers on the InvestorWire website applicable to all content provided by IW, wherever published or re-published: https://www.InvestorWire.com/Disclaimer

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InvestorNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Announces Three New Emergency Communications Contracts

July 8, 2024 13:15:00

Knightscope (NASDAQ: KSCP), an innovator in robotics and artificial intelligence (“AI”) technologies focused on public safety, has inked three new contracts for its K1 Emergency Communication Devices (“ECDs”). According to the announcement, the new devices will provide support for public-safety programs for facilities in Virginia, Pennsylvania and Illinois.

In Virginia, Knightscope will be partnering with a south Boston global tech company that provides sustainable energy solutions to buildings, utilities, industries and infrastructure sectors. The company purchased its first solar K1 Blue Light Tower to be installed in an employee parking lot to enhance safety.

“To expedite the initial sale, Knightscope approved MSC Direct (‘MSC’) — an industrial equipment distributor (S&P 400 company) — as its newest authorized partner, and MSC added Knightscope as a vendor of emergency phones to their substantial list of suppliers,” the company stated in the press release. “The success of the initial installation will open many new opportunities for ECDs to be installed at facilities across the United States.

In Pennsylvania, a crafts school located in Farmington is installing a K1 Call Box to “supplement communications due to lack of public cellular service in the area.” The school has onsite studios as well as on-campus lodging. Knightscope noted that the customer secured a grant through the state of Pennsylvania to help pay for the optional satellite-based communication device, which will “ensure a reliable method of summoning assistance in times of need.”

Knightscope reported that the third contract was with an electrical construction contractor, which will be installing a K1 Blue Light Tower in a parking area located in Buffalo Grove, Illinois; the company also subscribed to the Knightscope Emergency Management System service (“KEMS”), which sends out immediate text/email notifications whenever a help button is pressed.

“The cloud-based application also provides system owners automated daily email reports on the operational status of their system rather than having to manually test each device in person as required by competitive products,” the press release stated. “Alerts concerning issues, real-time error detection/diagnostics, and system performance statistics are delivered to the client to maximize system operation and usability.”

To view the full press release, visit https://ibn.fm/VJRhv

About Knightscope, Inc.

Knightscope builds cutting-edge technologies to improve public safety. The company’s long-term ambition is to make the United States of America the safest country in the world. For more information about the company, please visit www.Knightscope.com.

NOTE TO INVESTORS: The latest news and updates relating to KSCP are available in the company’s newsroom at https://ibn.fm/KSCP

About InvestorWire

InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

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PsychedelicNewsBreaks – Cybin Inc. (NYSE American: CYBN) (Cboe CA: CYBN) Sees “Swell” of Insider Investments, Upgrade in Ranking after Positive Year-End Report

July 8, 2024 13:01:23

Cybin (NYSE American: CYBN) (Cboe CA: CYBN), a clinical-stage biopharmaceutical company committed to revolutionizing mental healthcare by developing new and innovative next-generation treatment options for mental-health disorders, is reporting “a swell” of insider purchases following the company’s year-end update; the report highlighted significant advancements that strengthened Cybin’s position in the development of next-generation psychedelic-based therapeutics. In the announcement, Cybin noted that “fast-moving sectors need equally fast-moving companies, a box that Cybin checks, supported by a June 26th update on progress made in fiscal 2024 ending on March 31st.” The report also noted that the company’s strength includes innovative research programs, robust financial health and the achievement of strategic milestones targeting the treatment of major depressive disorder (“MDD”) and generalized anxiety disorder (“GAD”). The announcement noted that multiple senior officers and directors showed their confidence in Cybin through personal investments.  Those individuals included CEO Douglas Drysdale; senior officer Aaron Frank Bartlone; senior Gregory Joseph Cavers; Eric So, chair, president and cofounder of various holdings;  senior officer Gabriel Fahel; director Grant Bernard Froese; and Paul Glavine, cofounder, director and CGO of various holdings. In addition, the company reported that Zacks Investment Research upgraded Cybin to a Zacks Rank #2 (Buy) in a July 5, 2024, analysis. “Notably, the Zacks rating system is based less on opinion than performance,” stated the company in the press release. “According to its update about Cybin, it relies solely on the company’s changing earnings picture, tracking EPS estimates for the current and following years from sell-side analysts through a consensus measure known as the Zacks Consensus Estimate. The upgrade to Zacks Rank #2 reflects positivity about Cybin’s earnings outlook, which they note could translate into buying pressure and an increase in its stock price.”

To view the full press release, visit https://ibn.fm/7p3S3

About Cybin Inc.

Cybin is a clinical-stage biopharmaceutical company on a mission to create safe and effective psychedelic-based therapeutics to address the large unmet need for new and innovative treatment options for people who suffer from mental-health conditions. Cybin’s goal of revolutionizing mental healthcare is supported by a network of world-class partners and internationally recognized scientists aimed at progressing proprietary drug-discovery platforms, innovative drug-delivery systems, and novel formulation approaches and treatment regimens. The company is currently developing CYB003, a proprietary deuterated psilocybin analog for the adjunctive treatment of major depressive disorder, and CYB004, a proprietary deuterated DMT molecule for generalized anxiety disorder; the company also has a research pipeline of investigational psychedelic-based compounds. Headquartered in Canada and founded in 2019, Cybin is operational in Canada, the United States, the United Kingdom, the Netherlands and Ireland. For more information, visit the company’s website at www.Cybin.com.

NOTE TO INVESTORS: The latest news and updates relating to CYBN are available in the company’s newsroom at https://ibn.fm/CYBN

About PsychedelicNewsWire

PsychedelicNewsWire (“PNW”) is a specialized communications platform with a focus on all aspects of psychedelics and the latest developments and advances in the psychedelics sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, PNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, PNW brings its clients unparalleled recognition and brand awareness. PNW is where breaking news, insightful content and actionable information converge.

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InvestorNewsBreaks – Silo Pharma Inc. (NASDAQ: SILO) Enters License Agreement with Columbia University for Lead Candidate Targeting PTSD, Stress-Induced Anxiety Disorders

July 8, 2024 12:56:15

Silo Pharma (NASDAQ: SILO), a developmental-stage biopharmaceutical company focused on developing novel formulations and drug-delivery systems for traditional therapeutics and psychedelic treatments, has entered into a license agreement with Columbia University. The agreement, which is exclusive and global, outlines plans to further develop, manufacture and commercialize Silo’s lead drug candidate, SPC-15. According to the announcement, SPC-15 is an intranasal treatment for stress-induced anxiety disorders and post-traumatic stress disorder (“PTSD”). The announcement noted that Silo has already submitted a pre-IND briefing package and meeting request for SPC-15 to the U.S. Food and Drug Administration (“FDA”) and is taking the final steps required before submitting an IND application to start first-in-human clinical studies. “In our opinion, the execution of the exclusive license agreement for our SPC-15 product is a critical step for our company, which we believe could increase shareholder value in the future, subject to FDA approval if and when received,” said Silo CEO Eric Weisblum in the press release.

To view the full press release, visit https://ibn.fm/SZbPg

About Silo Pharma Inc.

Silo Pharma is a developmental-stage biopharmaceutical company developing novel therapeutics that address underserved conditions including stress-induced psychiatric disorders, chronic pain conditions and central nervous system (“CNS”) diseases. Silo focuses on developing traditional therapies and psychedelic treatments in novel formulations and drug-delivery systems. The company’s lead program, SPC-15, is an intranasal treatment targeting post-traumatic stress disorder (“PTSD”) and stress-induced anxiety disorders. SP-26 is a time-release, ketamine-loaded implant for fibromyalgia and chronic pain relief. Silo’s two preclinical programs are SPC-14, an intranasal compound for the treatment of Alzheimer’s disease, and SPU-16, a CNS-homing peptide targeting multiple sclerosis (“MS”). Silo’s research and development programs are conducted through collaborations with universities and independent laboratories. For more information about the company, visit www.SiloPharma.com.

NOTE TO INVESTORS: The latest news and updates relating to SILO are available in the company’s newsroom at https://ibn.fm/SILO

About InvestorWire

InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

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InvestorNewsBreaks – Longeveron Inc. (NASDAQ: LGVN) Announces Strategic Board Appointment of Gene Therapy Pioneer Roger Hajjar, MD

July 8, 2024 12:45:00

Longeveron (NASDAQ: LGVN), a clinical stage regenerative medicine biotechnology company developing cellular therapies for life-threatening and chronic aging-related conditions, has appointed Roger Hajjar, MD, director of the Gene and Cell Therapy Institute at Mass General Brigham, to its board of directors. An internationally recognized scientist, Dr. Hajjar’s cardiac gene therapy discoveries have spurred clinical trials for heart failure, and his methodologies for cardiac-directed gene transfer are currently utilized by investigators around the world. “I am delighted to welcome Roger, and his tremendous experience as a scientist, academic and operational executive, to the board of directors,” said Joshua Hare, co-founder, chief science officer and chairman of the board at Longeveron. “His thought leadership in gene and cell therapy will bring significant value to Longeveron as we continue to advance Lomecel-B(TM), our proprietary, scalable, allogeneic cellular therapy being evaluated in multiple indications. I look forward to collaborating with him to advance these important therapeutic development programs.”

To view the full press release, visit https://ibn.fm/3gac4

About Longeveron Inc.

Longeveron is a clinical stage biotechnology company developing regenerative medicines to address unmet medical needs. The company’s lead investigational product is Lomecel-B(TM), an allogeneic medicinal signaling cell (“MSC”) therapy product isolated from the bone marrow of young, healthy adult donors. Lomecel-B has multiple potential mechanisms of action encompassing pro-vascular, pro-regenerative, anti-inflammatory, and tissue repair and healing effects with broad potential applications across a spectrum of disease areas. Longeveron is currently pursuing three pipeline indications: hypoplastic left heart syndrome (“HLHS”), Alzheimer’s disease, and Aging-related Frailty. The Lomecel-B HLHS program has received three distinct and important FDA designations: Orphan Drug, Fast Track and Rare Pediatric Disease designations. For more information about the company, visit www.Longeveron.com.

NOTE TO INVESTORS: The latest news and updates relating to LGVN are available in the company’s newsroom at http://ibn.fm/LGVN

About InvestorWire

InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

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GreenCarNewsBreaks – Lucid Group Inc. (NASDAQ: LCID) Announces Second Quarter Production, Deliveries, Schedules Release of Q2 2024 Results, Conference Call

July 8, 2024 12:30:00

Lucid Group (NASDAQ: LCID), maker of the world’s most advanced electric vehicles, today announced production and delivery totals for the quarter ended June 30, 2024. Lucid produced 2,110 vehicles and delivered 2,394 vehicles during this period, for which it will soon release its net income and cash flow results along with the rest of its financial performance. Lucid vehicle production and delivery numbers represent only one measure of the company’s operating performance and should not be relied on as sole indicators of quarterly financial results, which depend on a variety of factors. The company will host a conference call to discuss its second quarter 2024 financial results at 2:30 pm PT / 5:30 pm ET on Monday, Aug. 5, 2024. Prior to the conference call, the company will issue an earnings press release with a link to the live webcast on its investor relations website. As detailed in the announcement, Lucid is partnering with Say Technologies to allow retail and institutional shareholders to submit and upvote questions, a selection of which will be answered by Lucid management during the earnings call.

To view the full interview, visit https://ibn.fm/3Xww4

About Lucid Group Lucid is a Silicon Valley-based technology company focused on creating the most advanced EVs in the world. The flagship vehicle, Lucid Air, delivers best-in-class performance and efficiency starting at $69,900*. Lucid is preparing its state-of-the-art, vertically integrated factory in Arizona to begin production of the Lucid Gravity SUV. The company’s goal is to accelerate humanity’s transition to sustainable transportation and energy.

*Excludes tax, title, license, options, destination, and documentation fees. For U.S. market only.

About GreenCarStocks

GreenCarStocks (“GCS”) is a specialized communications platform with a focus on electric vehicles (“EVs”) and the green energy sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, GCS is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled recognition and brand awareness. GCS is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Meta Platforms Inc. (NASDAQ: META) Hits All-Time High Stock Price

July 8, 2024 12:18:05

Meta Platforms (NASDAQ: META), a leading technology company known for its social media platforms such as Facebook, Instagram, and WhatsApp, has recently achieved a new milestone by reaching an all-time high stock price of $539.90 on July 5. This impressive performance is a testament to the company’s ability to navigate through various challenges, including stiff competition from rivals like TikTok and addressing privacy concerns. Moreover, Meta’s strategic focus on artificial intelligence (“AI”) development has played a crucial role in its recent success, signaling a positive reception from Wall Street analysts despite initial skepticism.

The company’s stock has seen a remarkable surge of over 140% in the past year, significantly outperforming the broader market. This growth has not only contributed to the strong performance of the “Magnificent Seven” tech stocks but has also led to a substantial increase in CEO Mark Zuckerberg’s net worth, making him the world’s fourth-richest person with a net worth exceeding $173.5 billion. U.S. Representative Dan Crenshaw’s investment in META shares has also seen a phenomenal increase of 292.63% since his purchase in October 2022, outpacing the S&P 500 by 248.5 percentage points.

On the trading front, META’s stock is currently experiencing some fluctuations, trading at $530.62, which represents a decrease of 1.72% from its previous price. Despite this slight dip, the stock has been actively traded on the NASDAQ, with a volume of about 8.29 million. The company’s market capitalization stands at roughly $1.35 trillion, reflecting its significant impact on the tech industry and the stock market at large.

The recent sale of over $8.5 million of Class A Common Stock by Mark Zuckerberg has caught the attention of investors and market analysts.  This move, documented in a Form 4 filing with the SEC, provides insights into the financial activities of Meta’s top executives and their confidence in the company’s future prospects.

Overall, Meta Platforms, Inc. continues to demonstrate its resilience and innovation in the face of competition and regulatory challenges. The company’s strategic investments in AI and its strong advertising revenue and engagement metrics have been key drivers of its stock’s impressive performance. As Meta navigates the evolving digital landscape, its ability to adapt and thrive underscores its position as a leading player in the technology sector.

To view the company’s most recent earnings release, visit https://ibn.fm/vVUVs

About Meta

Meta builds technologies that help people connect, find communities and grow businesses. When Facebook launched in 2004, it changed the way people connect. Apps like Messenger, Instagram and WhatsApp further empowered billions around the world. Now, Meta is moving beyond 2D screens toward immersive experiences like augmented and virtual reality to help build the next evolution in social technology. For more information, visit the company’s website at https://investor.FB.com.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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Astiva Health Inc. Leading the Way as Record Number of People Choose Medicare Advantage Plans

July 8, 2024 11:05:00
  • For the first time in Medicare’s history, more than half of all eligible people with Medicare are enrolled in private Medicare Advantage plans
  • Enrollment in Medicare Advantage programs is projected to grow from 54% of the eligible population in 2024 to 60% by the end of the decade
  • Astiva Health has developed one of the most diverse networks in Southern California and offers a selection of benefits tailored to the specialized needs of its members

According to a recent KFF report, a record number of people enrolled in private Medicare Advantage plans last year (https://ibn.fm/YEpRJ). That trend bodes well for Astiva Health, a fast-growing Medicare Advantage Prescription Drug (“MAPD”) health plan that is committed to reshaping personalized and comprehensive healthcare.

“For the first time in Medicare’s history, more than half of all eligible people with Medicare, or 30.8 million people in 2023, are enrolled in private Medicare Advantage plans,” reported the KFF article. “Medicare Advantage plans are offered by private health insurance companies that receive payments from the…

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NOTE TO INVESTORS: The latest news and updates relating to Astiva Health are available in the company’s newsroom at https://ibn.fm/Astiva

About BioMedWire

BioMedWire (“BMW”) is a specialized communications platform with a focus on the latest developments in the Biotechnology (BioTech), Biomedical Sciences (BioMed) and Life Sciences sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, BMW brings its clients unparalleled recognition and brand awareness.

BMW is where breaking news, insightful content and actionable information converge.

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BioMedNewsBreaks — Scinai Immunotherapeutics Ltd. (NASDAQ: SCNI) Receives Updated LoI from the European Investment Bank

July 8, 2024 10:57:45

Scinai Immunotherapeutics (NASDAQ: SCNI), a biotechnology company focused on developing inflammation and immunology (“I&I”) biological products and on providing CDMO services through its Scinai Bioservices business unit, today announced its receipt of an updated non-binding letter of intent (“LoI”) from the European Investment Bank (“EIB”). The updated LoI outlines specific terms for converting the majority of the EIB’s loan into equity in the form of preferred shares, which are convertible into American Depositary Shares (“ADSs”) representing 19.5% of the fully diluted capital of the company at the time of closing. According to the announcement, the number of ADSs into which the preferred shares would be convertible would be fixed and without anti-dilution rights. The updated LoI does not require a variable remuneration, which in the previous LOI included 3% royalty on the company’s revenues and 5% of any equity raise up to a limit of EUR 70 million, nor does it provide for mandatory dividends or mandatory redemption. The amount of the loan that would be converted is approximately $28 million, while approximately $270,000 will stay as a loan payable on Dec. 31, 2031.

To view the full press release, visit https://ibn.fm/t2YtA

About Scinai Immunotherapeutics Ltd.

Scinai is a biopharmaceutical company with two complementary business units, one focused on in-house development of inflammation and immunology (“I&I”) biological therapeutic products beginning with an innovative, de-risked pipeline of nanosized VHH antibodies (“NanoAbs”) targeting diseases with large unmet medical needs. The other business unit is a boutique CDMO providing biological drug development, analytical methods development, clinical cGMP manufacturing, and pre-clinical and clinical trial design and execution services to early stage biotech drug development programs. For more information, visit the company’s website at www.Scinai.com.

NOTE TO INVESTORS: The latest news and updates relating to SCNI are available in the company’s newsroom at https://ibn.fm/SCNI

About BioMedWire

BioMedWire (“BMW”) is a specialized communications platform with a focus on the latest developments in the Biotechnology (BioTech), Biomedical Sciences (BioMed) and Life Sciences sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, BMW brings its clients unparalleled recognition and brand awareness.

BMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Siyata Mobile Inc. (NASDAQ: SYTA) Names Experienced Veteran as New Public Safety VP

July 8, 2024 10:36:18

Siyata Mobile (NASDAQ: SYTA, SYTAW), a global developer and vendor of Push-to-Talk (“PTT”) over Cellular (“PoC”) handsets and accessories, has appointed industry veteran Bob Excalle as its vice president of public safety. Most recently, Escalle has served as director of new business for enterprise and public safety for Samsung Electronics America. He has more than three decades of experience, working at leading global PTT companies such as Motorola Solutions, ESChat and Nemergent Solutions. Escalle has extensive international understanding, holding positions in the United States, Europe and Asia. His expertise includes global business and market development, strategic planning, engineering and product management for various telecommunications and data networking industries. His background in wired/wireless, SaaS, IMS, MCPTT, private LTE, PTToC and multimedia platforms will be invaluable as he begins his new role with Siyata. “We are excited to welcome Bob Escalle, a distinguished leader in the global Push-to-Talk (PTT) industry, to our team,” said Siyata Mobile CEO Marc Seelenfreund in the press release. “The Push-to-Talk over Cellular market is a $7-billion industry, and Bob has held significant positions at leading companies, most recently as a director on the Samsung Mission Critical Push-to-Talk team. Public safety, our largest and rapidly growing vertical, benefits from the increasing focus on safety in the U.S. and worldwide. Bob’s extensive expertise and years of experience will be invaluable as we strive to become a leading global PTT provider. I look forward to working closely with Bob and our amazing team to achieve our mission.”

To view the full press release, visit https://ibn.fm/uiWQp

About Siyata Mobile Inc.

Siyata Mobile is a business-to-business (“B2B”) global developer and vendor of next-generation, Push-to-Talk (“PTT”) over Cellular (“POC”) handsets and accessories. Its portfolio of rugged PTT handsets and accessories enables first responders and enterprise workers to instantly communicate, over a nationwide cellular network of choice, to increase situational awareness and save lives. Police, fire and ambulance organizations as well as schools, utilities, security companies, hospitals, waste-management companies, resorts and many other organizations use Siyata PTT handsets and accessories. In support of its Push-to-Talk handsets and accessories, Siyata also offers enterprise-grade, in-vehicle solutions and cellular booster systems enabling customers to communicate effectively when they are in their vehicles, even in areas where the cellular signal is weak. Siyata sells its portfolio through leading North American cellular carriers, and through international cellular carriers and distributors. For more information about the company, visit www.SiyataMobile.com or www.UnidenCellular.com.

NOTE TO INVESTORS: The latest news and updates relating to SYTA are available in the company’s newsroom at http://ibn.fm/SYTA

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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Correlate Energy Corp. (CIPI) Subsidiary Enters Key Partnership in Nation’s First Microgrid Utility

July 8, 2024 10:20:00
  • Ohio’s Cuyahoga County established a green energy utility three years ago, and recently signed a 10-year contract with companies Distributed Energy Capital and Compass Energy Platform to manage the first-in-the-nation community power operation
  • Distributed Energy Capital is a subsidiary of Correlate Energy Corp., a distributed energy solutions developer that works strategically with partners to help clients make the transition to green energy transition
  • Key development milestones for the utility are expected by next year, with a focus on supporting economic growth in the Cleveland metro region under a renewable energy model
  • The partnership for the distributed energy utility model is being addressed with other municipalities, exhibiting its potential for scalable growth
  • The microgrid energy distribution market is experiencing growth at a CAGR of 18.5 percent during the next five years, demonstrating interest in its development

The microgrid energy distribution market is expected to grow at a CAGR of 18.5 percent during the next five years to a valuation of $87.8 billion dollars, according to analysts at MarketsandMarkets Research, reflecting a rising interest worldwide in reducing climate-altering pollution as well as the burgeoning need for energy to power an increasing array of computerized resources (https://ibn.fm/h7DiI).

The report notes technical and logistical hurdles to the interconnectivity of microgrids that present significant obstacles to the market’s expansion, but distributed energy solutions company Correlate Energy (OTCQB: CIPI) is driving scalability in the market with a new partnership between its…

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NOTE TO INVESTORS: The latest news and updates relating to CIPI are available in the company’s newsroom at https://ibn.fm/CIPI

About GreenEnergyStocks

GreenEnergyStocks (“GES”) is a specialized communications platform with a focus on companies working to shape the future of the green economy. GreenEnergyStocks is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, GES is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, GES brings its clients unparalleled recognition and brand awareness. GES is where breaking news, insightful content and actionable information converge.

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Moody’s, MSCI Team Up to Boost Transparency in ESG Data

July 8, 2024 10:05:00

MSCI Inc., a global finance company that offers equity, fixed income and multi-asset portfolio analysis tools, and Moody’s Corp., a credit rating, research and risk analysis company, have entered into a strategic partnership agreement. While specific financial terms of this agreement weren’t announced, the agreement centers on enhancing transparency and delivering strong, data-driven risk solutions.

The companies plan to use the Orbis database and integrate MSCI’s environmental, social and governance (ESG) ratings to offer better tools for…

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NOTE TO INVESTORS: The latest news and updates relating to Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) are available in the company’s newsroom at https://ibn.fm/RFLXF

About ESGWireNews

ESGWireNews (“ESG”) is a specialized communications platform with a focus on the Environmental, Social and Governance (ESG) sector and public companies committed to sustainable corporate practices. ESGWireNews is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, ESG is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, ESG brings its clients unparalleled recognition and brand awareness. ESG is where breaking news, insightful content and actionable information converge.

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British Start-Up Unveils EV Battery That Can Recharge in Under Five Minutes

July 8, 2024 10:05:00

A startup based in the United Kingdom has developed an electric vehicle battery that can reportedly recharge in less than five minutes. The recently unveiled EV battery could finally solve one of the most challenging aspects of owning an EV: the vehicle’s batteries take too long to charge. While every fossil fuel-powered vehicle can refuel in only a couple of minutes, EVs take anything from 30 minutes to several hours to recharge.

Even using a Tesla Supercharger can take longer than refueling a vehicle due to the limited ratio of super-fast chargers to electric cars. If Cambridge-based start-up…

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About GreenCarStocks

GreenCarStocks (“GCS”) is a specialized communications platform with a focus on electric vehicles (“EVs”) and the green energy sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, GCS is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled recognition and brand awareness. GCS is where breaking news, insightful content and actionable information converge.

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US Presidential Candidates Remain Notably Silent on Pivotal Tech Topics During First Debate

July 8, 2024 10:05:00

With the election set for later this year, we saw the first presidential debate being conducted last month. In addition to being the only televised presidential debate since the 1960s to be carried out without an audience, it also did not touch on topics such as quantum computing, artificial intelligence (AI), blockchain or cryptocurrency, despite the popularity of these topics.

This is notable for a number of reasons…

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About AINewsWire

AINewsWire (“AINW”) is a specialized communications platform with a focus on the latest advancements in artificial intelligence (“AI”), including the technologies, trends and trailblazers driving innovation forward. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, AINW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, AINW brings its clients unparalleled recognition and brand awareness.

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Research Identifies How Glioblastoma Develops Resistance to Immunotherapy

July 8, 2024 10:05:00

Glioblastoma multiforme is an aggressive cancer that grows quickly and spreads rapidly, originating as a growth of cells in the spinal cord or the brain. Researchers at the University of Copenhagen may have discovered how this type of cancer, which primarily effects adults, develops resistance to immunotherapy.

At first, the researchers thought that the cancer cells changed their DNA via mutation, helping them…

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NOTE TO INVESTORS: The latest news and updates relating to CNS Pharmaceuticals Inc. (NASDAQ: CNSP) are available in the company’s newsroom at https://ibn.fm/CNSP

About BioMedWire

BioMedWire (“BMW”) is a specialized communications platform with a focus on the latest developments in the Biotechnology (BioTech), Biomedical Sciences (BioMed) and Life Sciences sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, BMW brings its clients unparalleled recognition and brand awareness.

BMW is where breaking news, insightful content and actionable information converge.

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Advocates Say GOP Using Marijuana Odor as Excuse to Preach Prohibition

July 8, 2024 10:05:00

In the last couple of years, we have seen the District of Columbia and 24 other states legalize the recreational use of marijuana. Fourteen other states have also approved the drug for medical use. Of the total number of states that have legalized recreational use, New York is the only state that doesn’t penalize the drug’s use in public.

Now, some GOP legislators claim that the public consumption of cannabis is a nuisance to individuals who don’t like the…

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About CannabisNewsWire

CannabisNewsWire (“CNW”) is a specialized communications platform with a focus on cannabis news and the cannabis sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled recognition and brand awareness. CNW is where breaking news, insightful content and actionable information converge.

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Growing Gold Demand Leads to Delinking from Traditional Relationships

July 8, 2024 10:05:00

The price of gold this year has increased significantly, even going as far as to record new highs in May. The precious metal has continued defying conventional market correlations with equity markets and the U.S. dollar, as investors in America increase their physical buys.

During this period, we have also observed steady demand of gold from China and strong purchases from central banks as well. Customs data from…

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NOTE TO INVESTORS: The latest news and updates relating to Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) are available in the company’s newsroom at http://ibn.fm/ELRRF

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

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InvestorNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) to Supply Advanced Systems for SUNWAY

July 8, 2024 09:45:47

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced the signing of an amendment to an existing agreement with SUNWAY-AI Technology (Changzhou) Co. Ltd. (“SUNWAY”), a Chinese manufacturer of autonomous and unmanned intelligent vehicle solutions. According to the amendment, Foresight’s ScaleCam(TM), a cutting-edge stereoscopic vision system, will be incorporated into SUNWAY’s innovative line of autonomous logistics and robotic vehicles. The amendment to the joint development and supply agreement signed with SUNWAY, as announced by the company on Nov. 16, 2022, states that Foresight will initially equip SUNWAY’S unmanned warehouse and materials handling vehicles, autonomous coffee machine carts and wireless charging robotic vehicles with its advanced 3D perception systems to enable autonomous capabilities for both indoor and outdoor operations. The integration will enable SUNAWAY’s unmanned logistics and robotic vehicles to navigate complex environments seamlessly, enhancing the efficiency and safety of logistical operations across a wide range of industries and applications. If SUNWAY approves Foresight’s ScaleCam solution, customized to specific requirements, Foresight expects to supply the first batch of ScaleCam systems by the end of 2024.

To view the full press release, visit https://ibn.fm/2iAyi

About Foresight Autonomous Holdings Ltd.

Foresight is a technology company developing smart multi-spectral vision software solutions and cellular-based applications. Through the company’s wholly owned subsidiaries, Foresight Automotive Ltd., Foresight Changzhou Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both “in-line-of-sight” vision systems and “beyond-line-of-sight” accident-prevention solutions. Foresight’s vision solutions include modules of automatic calibration and dense three-dimensional (“3D”) point cloud that can be applied to different markets such as automotive, defense, autonomous vehicles and heavy industrial equipment. Eye-Net Mobile’s cellular-based solution suite provides real-time pre-collision alerts to enhance road safety and situational awareness for all road users in the urban mobility environment by incorporating cutting-edge AI technology and advanced analytics. For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, visit www.ForesightAuto.com.

NOTE TO INVESTORS: The latest news and updates relating to FRSX are available in the company’s newsroom at http://ibn.fm/FRSX

About InvestorWire

InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

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Nightfood Holdings Inc. (NGTF): Snacking Smarter, Sleeping Sounder, and Revolutionizing Service with Robots

July 8, 2024 09:35:00
  • The U.S. robot as-a-service market was valued at $440 million in 2023, project with substantial growth to reach $2.19 billion by 2033 with a robust Compound Annual Growth Rate of 17.59% from 2024 to 2033 from Precedence Research
  • Nightfood Holdings has launched a new subsidiary, Future Hospitality Ventures, to capitalize on this explosive growth while solving employment problems in the hospitality industry
  • Future Hospitality Ventures has RaaS (robots-as-a-service) offerings that improve operational efficiencies for both front and back of house
  • The company has been demonstrating its RaaS technology to restaurants, health care facilities, hotels, and even school operators with great interest

Nighttime snacking is a $50+ billion market. The global robotic as-a-service market size was valued at $440 million in 2023, with a CAGR of 17.59% from 2024 to 2033, forecasted by Precedence Research.

Nightfood Holdings (OTCQB: NGTF), a company focused on acquisitions in the hospitality, food service, and CPG sectors, isn’t just about satisfying late-night cravings, they have a vision to disturb entire industries. Their innovative approach extends beyond cookies, venturing into the realm of…

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NOTE TO INVESTORS: The latest news and updates relating to NGTF are available in the company’s newsroom at http://ibn.fm/NGTF

About InvestorWire

InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

For more information, please visit https://www.InvestorWire.com

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InvestorNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Announces Creation of ‘ExploreCo’ to Unlock Value from Significant Asset Portfolio

July 8, 2024 09:31:42

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF) today announced its entry into a binding letter of Intent (“LOI”) with Noble Mineral Exploration Inc., dated July 5, 2024, whereby Canada Nickel and Noble will contribute certain mining properties, including the existing Mann joint venture, into a new private company (“ExploreCo”). As detailed in the announcement, the move will consolidate the companies’ respective interests in the portfolio of nickel projects northeast of Timmins, Ontario. “Today is the first of a set of transactions designed to unlock value from our significant asset portfolio,” said Mark Selby, CEO of Canada Nickel. “The creation of ExploreCo will facilitate the ability to realize the future value of these properties that are not currently recognized in Canada Nickel’s market value. This transaction also allows the company to consolidate the surface rights, remaining claims and patents around the Crawford Nickel Sulphide Project to simplify the development of Crawford and our future projects.”

To view the full press release, visit https://ibn.fm/H8C4R

About Canada Nickel Company Inc.

Canada Nickel is advancing the next generation of nickel- sulphide projects to deliver nickel required to feed the high-growth electric vehicle and stainless steel markets. Canada Nickel has applied in multiple jurisdictions to trademark the terms NetZero Nickel(TM), NetZero Cobalt(TM) and NetZero Iron(TM) and is pursuing the development of processes to allow the production of net-zero carbon nickel, cobalt and iron products. Canada Nickel provides investors with leverage to nickel in low political risk jurisdictions. Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp. For more information, please visit www.CanadaNickel.com.

NOTE TO INVESTORS: The latest news and updates relating to CNIKF are available in the company’s newsroom at https://ibn.fm/CNIKF

About InvestorWire

InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

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InvestorNewsBreaks – Safety Shot (NASDAQ: SHOT) Cuts Ties with Brand Ambassador, Reinforces ‘Zero Tolerance’ for Discrimination and Hate Speech

July 8, 2024 09:00:00

Safety Shot (NASDAQ: SHOT), a wellness and dietary supplement company, has terminated its partnership with professional boxer Ryan Garcia. The company announced that it has severed ties with and no longer has any association with the boxer after his recent disparaging remarks. Safety Shot made the announcement, noting that it has zero tolerance for discrimination or hate speech of any kind and expects its grand ambassadors to uphold the highest standards. “We do not tolerate any form of disrespect to members of our community,” said Safety Shot CEO Jarrett Boon in the press release. “It is of the utmost importance that the people representing Safety Shot align with our core values. While we are severely disappointed in Mr. Garcia’s failure to live up to our company’s standards, we wish him luck as he enters drug and alcohol rehab and attempts to turn his life around.”

To view the full press release, visit https://ibn.fm/YjlkB

About Safety Shot Inc.

Safety Shot, a wellness and dietary supplement company, has developed Safety Shot, the first patented wellness product on Earth that lowers blood alcohol content by supporting its metabolism, while also boosting clarity, energy and overall mood. Safety Shot is available for purchase online at DrinkSafetyShot.com and Amazon. The company is introducing business-to-business sales of Safety Shot to distributors, retailers, restaurants and bars throughout 2024. For more information about the company, visit www.SafetyShotHoldings.com.

NOTE TO INVESTORS: The latest news and updates relating to SHOT are available in the company’s newsroom at https://ibn.fm/SHOT

About InvestorWire

InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

For more information, please visit https://www.InvestorWire.com

Please see full terms of use and disclaimers on the InvestorWire website applicable to all content provided by IW, wherever published or re-published: https://www.InvestorWire.com/Disclaimer

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SenesTech Inc. (NASDAQ: SNES) Offering a Solution to the World Rodent Problem with its One-Of-A-Kind Fertility Control Technology

July 8, 2024 08:50:00
  • SenesTech, a rapidly growing provider of proven rodent fertility control products, is looking to address the growing rodent problem with its unique control solutions
  • These rodent fertility control solutions have been tried and tested out in the field with positive results, with the active ingredient in its flagship product scientifically proven to reduce rodent fertility without the use of poisons and traps
  • Their products are unique in offering a viable and sustainable solution, especially with studies having shown that climate change brings with it longer stretches of warmer weather, hence more time for rodent breeding

In the fiscal year 2023, calls to 3-1-1 in Washington D.C. regarding rat sightings and complaints hit 16,391, up from 8,107 in 2020 (https://ibn.fm/0j62f). For the state government, the hotline was set up as a means to deal with the growing rat problem, which did help deal with the situation, but only to a certain extent. Similar efforts to curb the rat infestation problem were translated to other cities across the country, with New York declaring the rodents as “public enemy No. 1” and targeting rat mitigation zones in neighborhoods with historically high rat activity (https://ibn.fm/tJ4Gx).

Despite these efforts and stances, progress in mitigating the problem has until now been minimal. The primary method to address it has been poisoning the rats, which is unsustainable and potentially harmful to other animals as well as humans. SenesTech (NASDAQ: SNES), a rodent fertility control product…

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NOTE TO INVESTORS: The latest news and updates relating to SNES are available in the company’s newsroom at https://ibn.fm/SNES

About InvestorWire

InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

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D-Wave Quantum Inc. (NYSE: QBTS) Announces Partnership Extension and Launch of New Hybrid Quantum Solver

July 8, 2024 08:05:00
  • D-Wave announced an extension of its partnership with Aramco to address geophysical optimization challenges using D-Wave’s quantum technology
  • Over the past two years, the Aramco Research Center has utilized D-Wave’s cutting-edge quantum technologies to solve intricate optimization problems related to seismic imaging
  • D-Wave announced the launch of a new hybrid quantum solver for nonlinear programs, designed to tackle increasingly complex real-world problems at its Qubits 2024 user conference

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, has announced an extension of its partnership with Aramco, a global leader in energy and chemicals, to address geophysical optimization challenges using quantum technology.

Located in Delft, Netherlands, the Aramco Research Center (the “Center”) is dedicated to advancing computing technologies to tackle global energy issues. Over the past two years, the center has utilized D-Wave’s cutting-edge quantum technologies to solve intricate optimization problems related to seismic imaging—a sophisticated technique akin to ultrasound, employed to map geological layers several kilometers beneath the surface.

With the assistance of D-Wave, the Center has successfully generated its initial subsurface maps by processing tens of gigabytes of seismic data. Its goal for 2024 is to utilize D-Wave quantum technologies to process a terabyte of seismic data. Leveraging D-Wave’s quantum computers and hybrid solvers via the Leap™ quantum cloud service, Aramco’s research team has developed hybrid classical-quantum geophysical applications. These advancements have resulted in notable performance improvements over classical computing methods in terms of solution time and scalability.

“I’m excited to see how far we’ve been able to push quantum technologies to tackle such a large optimization problem as subsurface imaging,” said Marcin Dukalski, Quantum Applications Lead at the Center (https://ibn.fm/YSxgR). “We look forward to expanding our work with D-Wave, which will be centered on reaping even greater tangible benefits from the Advantage2™ system.”

Dr. Trevor Lanting, D-Wave’s Chief Development Officer, said that together with Aramco, D-Wave is demonstrating its quantum technology’s ability to take on core data challenges in geophysical research. “We look forward to helping Aramco researchers maximize quantum’s positive impact on their computational challenges as they look to turn data into usable knowledge of the subsurface.”

At its recent global Qubits 2024 user conference, D-Wave announced the launch of a new hybrid quantum solver for nonlinear programs, designed to tackle increasingly complex real-world problems. This new solver, now accessible via D-Wave’s Leap quantum cloud service, is expected to enhance customers’ ability to solve large-scale optimization problems, surpassing the capabilities of existing technologies.

The new hybrid solver supports up to two million variables and constraints, marking a tenfold increase in problem size capacity compared to previous D-Wave solvers for certain applications, as indicated by preliminary benchmarking studies. This solver is part of D-Wave’s expanding portfolio of commercial quantum optimization solutions, aligning with the company’s ambitious go-to-market (“GTM”) growth strategy announced earlier this year. D-Wave’s solutions, which encompass hardware, software, and professional services, aim to substantially improve time-to-solution for organizations seeking to optimize their operational processes and performance.

Real-world problems, such as production scheduling, involve complex interactions between multiple variables. D-Wave’s new solver is particularly adept at managing nonlinear relationships, offering an advantage over solvers restricted to linear relationships. Its user-friendly interface simplifies the conversion of real-world problems into hybrid quantum problem-solving approaches, offering flexibility and accuracy across various applications:

  • Optimized workforce scheduling: Industries with large hourly workforces or 24/7 operations can streamline staffing processes, enhance productivity, and reduce costs, while ensuring compliance with labor laws and employee availability and preferences.
  • Enhanced production scheduling: Manufacturers can optimize task sequences in assembly lines to minimize completion times and maximize throughput, considering factors such as machine availability, processing times, and due dates to better meet customer demands.
  • Efficient and sustainable logistics routing: Commercial trucking fleets and tour operators can optimize routes to reduce drive time, manage fuel consumption, and address carbon emissions, thereby lowering costs and improving fleet utilization. Preliminary internal studies show that the new hybrid quantum solver can find feasible routes for up to ten times more cities than previous solutions in scenarios like the Traveling Salesperson Problem, the challenge of finding the shortest route around a list of destinations.

“We are confident that this solver will simplify and accelerate customers’ journey to successful quantum technology adoption, helping them more quickly drive return-on-investment, and gain a competitive edge,” said Dr. Alan Baratz, CEO of D-Wave (https://ibn.fm/ykttN). “Many organizations are recognizing that their most complex computational problems go well beyond the capabilities of existing solutions. They’re adopting hybrid quantum solutions to find better answers to transform operations faster and improve the bottom line.”

For more information, visit the company’s website at www.DWaveQuantum.com.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

Forward-Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond company management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of the company’s most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of its Quarterly Reports on Form 10-Q and in its other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to the company on the date hereof. The company undertakes no duty to update this information unless required by law.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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Pope Says Vatican Will Be Eighth Nation to Run on Clean Energy

July 8, 2024 08:05:00

The Pope has revealed that the Vatican is slated to become the eighth nation in the world to eliminate fossil fuels from its energy mix and fully power itself with renewable energy. In an apostolic letter where Pope Francis announced the construction of a new solar plant in the Vatican, he noted that the human race now has the technological know-how to deal with the increasingly dire issue of climate change.

More than a century of burning fossil fuels has left the atmosphere damaged, causing the planet to heat up faster than it should and resulting in a growing number of extreme weather events. Dozens of countries are now set on limiting their reliance on fossil fuels, including coal, oil and natural gas, in…

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NOTE TO INVESTORS: The latest news and updates relating to First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF) are available in the company’s newsroom at https://ibn.fm/FSTTF

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GreenEnergyStocks (“GES”) is a specialized communications platform with a focus on companies working to shape the future of the green economy. GreenEnergyStocks is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, GES is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, GES brings its clients unparalleled recognition and brand awareness. GES is where breaking news, insightful content and actionable information converge.

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Riot Platforms Withdraws Interest in Taking Over Bitfarms

July 8, 2024 08:05:00

In a surprising turn of events, Riot Platforms, Inc. (NASDAQ: RIOT), a digital mining and digital infrastructure company, has withdrawn its proposed takeover offer of $950 million for rival Bitfarms. Apparently, this move wasn’t completely out of the blue. It came just after the rival cryptocurrency mining company rejected Riot’s offer without any dialogue and adopted defensive measures against the unwanted acquisition. This defensive tactic is aimed at making it extremely difficult for Riot Platforms to acquire Bitfarms completely by diluting the value of its shares.

Riot Platforms had to step down from the takeover, but not entirely. This major player in the Bitcoin mining industry is planning to reorganize the Bitfarms’ board of directors by installing three independent directors. These directors include John Delaney, Amy Freedman and Ralph Goehring, who could potentially revive the acquisition plan in the near future.  According to Riot Platforms’ press release, good faith negotiations with Bitfarms are unlikely unless there is a change in the Bitfarms boardroom.

Following these developments, Bitfarms shares fell by 6.2% on the Toronto Stock Exchange and 6.1% on Nasdaq.

Initially, Riot Platforms aimed to acquire Bitfarms by paying for each share at $2.30, a move perceived as a hostile takeover. However, since Bitfarms rejected the offer, Riot Platforms tried to purchase more of its shares to pressure the shareholders.

Why all this? Riot Platforms holds a substantial stake in the company, 15% to be precise, meaning it has an influence over Bitfarm’s future.

Once a reconstituted board is in place, Riot Platforms plans to continue the discussions regarding the acquisition. To achieve this, Riot Platforms has requested a special meeting with Bitfarms shareholders to vote on the removal of chair and interim CEO Nicolas Bonta, director Andres Finkielsztain and any new appointee filling the board vacancy left by cofounder Emiliano Grodzk. Riot Platforms aims to reshape the board of directors to better align Bitfarms with its own strategic goals, both in the near and distant future.

In response to this move, Bitfarms appointed Fanny Philip to the company’s board of directors as an independent board member. Following her appointment, Bitfarms’ board now consists of five members, with four of them being independent. This move suggests that the company is taking a proactive approach to strengthen its position in the industry and potentially fend off Riot Platforms’ unwarranted advances.

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Sony to Open Crypto Business in Japan

July 8, 2024 08:05:00

The world of cryptocurrency has been buzzing with activity, and several major companies have joined this digital gold rush. One of the most recent entrants is Sony, the renowned Japanese conglomerate, which has taken a significant step through its acquisition of Amber Japan, a notable cryptocurrency company. This acquisition marks Sony’s official entry into the cryptocurrency exchange market.

Initially, the crypto company was known as DeCurret, a Japanese exchange. It was acquired in 2022 by Amber Group’s Japanese arm. Later, in August 2023, Quetta Web Co., a Sony subsidiary, took over the…

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Riot Platforms Withdraws Interest in Taking Over Bitfarms

July 8, 2024 08:05:00

In a surprising turn of events, Riot Platforms, Inc. (NASDAQ: RIOT), a digital mining and digital infrastructure company, has withdrawn its proposed takeover offer of $950 million for rival Bitfarms. Apparently, this move wasn’t completely out of the blue. It came just after the rival cryptocurrency mining company rejected Riot’s offer without any dialogue and adopted defensive measures against the unwanted acquisition. This defensive tactic is aimed at making it extremely difficult for Riot Platforms to acquire Bitfarms completely by diluting the value of its shares.

Riot Platforms had to step down from the takeover, but not entirely. This major player in the Bitcoin mining industry is planning to reorganize the Bitfarms’ board of directors by installing three independent directors. These directors include John Delaney, Amy Freedman and Ralph Goehring, who could potentially revive the acquisition plan in the near future.  According to Riot Platforms’ press release, good faith negotiations with Bitfarms are unlikely unless there is a change in the Bitfarms boardroom.

Following these developments, Bitfarms shares fell by 6.2% on the Toronto Stock Exchange and 6.1% on Nasdaq.

Initially, Riot Platforms aimed to acquire Bitfarms by paying for each share at $2.30, a move perceived as a hostile takeover. However, since Bitfarms rejected the offer, Riot Platforms tried to purchase more of its shares to pressure the shareholders.

Why all this? Riot Platforms holds a substantial stake in the company, 15% to be precise, meaning it has an influence over Bitfarm’s future.

Once a reconstituted board is in place, Riot Platforms plans to continue the discussions regarding the acquisition. To achieve this, Riot Platforms has requested a special meeting with Bitfarms shareholders to vote on the removal of chair and interim CEO Nicolas Bonta, director Andres Finkielsztain and any new appointee filling the board vacancy left by cofounder Emiliano Grodzk. Riot Platforms aims to reshape the board of directors to better align Bitfarms with its own strategic goals, both in the near and distant future.

In response to this move, Bitfarms appointed Fanny Philip to the company’s board of directors as an independent board member. Following her appointment, Bitfarms’ board now consists of five members, with four of them being independent. This move suggests that the company is taking a proactive approach to strengthen its position in the industry and potentially fend off Riot Platforms’ unwarranted advances.

About BillionDollarClub

BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

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420 with CNW — Marijuana Operators in Pennsylvania Complain About Software Mandated by Regulators

July 5, 2024 15:25:00

Pennsylvania’s medical cannabis market generated more than $1.3 billion in sales in 2023, despite numerous issues and outages with the state’s mandated track-and-trace software. Operators claim these problems could be avoided if the software provided by MJ Freeway functioned correctly.

Although MJ Freeway recently merged with BioTrack to form Alleaves, it remains the sole provider under a contract established in 2017. Industry operators and…

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About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of an article each business day at 4:20 p.m. Eastern – a tribute to the time synonymous with cannabis culture. The concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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BioMedNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) Enters Securities Purchase Agreements Worth Estimated $1.98M

July 5, 2024 13:57:18

CNS Pharmaceuticals (NASDAQ: CNSP), a biopharmaceutical company specializing in the development of novel treatments for primary and metastatic cancers in the brain and central nervous system, has entered into securities purchase agreements with health-care focused institutional investors. The agreements, which are for the purchase and sale of 1,425,000 shares of common stock, are comprised of a registered direct offering and warrants. The offering and warrants are to purchase up to 1,425,000 shares of common stock in a concurrent private placement at a combined purchase price of $1.39 per share. The offering is expected to close today, subject to customary closing conditions, with gross proceeds estimated to reach about $1.98 million before deductions and expenses. CNS Pharmaceuticals plans to use the funds from the offering for working capital and general corporate purposes.

To view the full press release, visit https://ibn.fm/TYSIm

About CNS Pharmaceuticals Inc.

CNS Pharmaceuticals is a clinical-stage pharmaceutical company developing a pipeline of anticancer drug candidates for the treatment of primary and metastatic cancers of the brain and central nervous system. The company’s lead drug candidate, Berubicin, is a novel anthracycline and the first anthracycline to appear to cross the blood-brain barrier. Berubicin is currently in development for the treatment of a number of serious brain and CNS oncology indications including glioblastoma multiforme (“GBM”), an aggressive and incurable form of brain cancer. For more information about the company, please visit www.CNSPharma.com.

NOTE TO INVESTORS: The latest news and updates relating to CNSP are available in the company’s newsroom at https://ibn.fm/CNSP

About BioMedWire

BioMedWire (“BMW”) is a specialized communications platform with a focus on the latest developments in the Biotechnology (BioTech), Biomedical Sciences (BioMed) and Life Sciences sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, BMW brings its clients unparalleled recognition and brand awareness.

BMW is where breaking news, insightful content and actionable information converge.

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BioMedNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) Enters Securities Purchase Agreements Worth Estimated $1.98M

July 5, 2024 13:57:15

CNS Pharmaceuticals (NASDAQ: CNSP), a biopharmaceutical company specializing in the development of novel treatments for primary and metastatic cancers in the brain and central nervous system, has entered into securities purchase agreements with health-care focused institutional investors. The agreements, which are for the purchase and sale of 1,425,000 shares of common stock, are comprised of a registered direct offering and warrants. The offering and warrants are to purchase up to 1,425,000 shares of common stock in a concurrent private placement at a combined purchase price of $1.39 per share. The offering is expected to close today, subject to customary closing conditions, with gross proceeds estimated to reach about $1.98 million before deductions and expenses. CNS Pharmaceuticals plans to use the funds from the offering for working capital and general corporate purposes.

To view the full press release, visit https://ibn.fm/TYSIm

About CNS Pharmaceuticals Inc.

CNS Pharmaceuticals is a clinical-stage pharmaceutical company developing a pipeline of anticancer drug candidates for the treatment of primary and metastatic cancers of the brain and central nervous system. The company’s lead drug candidate, Berubicin, is a novel anthracycline and the first anthracycline to appear to cross the blood-brain barrier. Berubicin is currently in development for the treatment of a number of serious brain and CNS oncology indications including glioblastoma multiforme (“GBM”), an aggressive and incurable form of brain cancer. For more information about the company, please visit www.CNSPharma.com.

NOTE TO INVESTORS: The latest news and updates relating to CNSP are available in the company’s newsroom at https://ibn.fm/CNSP

About BioMedWire

BioMedWire (“BMW”) is a specialized communications platform with a focus on the latest developments in the Biotechnology (BioTech), Biomedical Sciences (BioMed) and Life Sciences sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, BMW brings its clients unparalleled recognition and brand awareness.

BMW is where breaking news, insightful content and actionable information converge.

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TinyGemsBreaks – Golden Matrix Group Inc.’s (NASDAQ: GMGI) Announces $10M Investment from the Lind Partners

July 5, 2024 11:31:30

Golden Matrix (NASDAQ: GMGI), a leading developer and licensor of online gaming platforms, systems and gaming content, has closed on a funding agreement with Lind Global Asset Management VIII LLC, an investment fund managed by the Lind Partners, a New York-based institutional fund manager. The agreement is for $10 million in gross proceeds, which will strengthen the company’s financial position and provide significant growth capital. The Lind Partners made the investment because company officials believe Golden Matrix is well positioned for growth. According to the announcement, the agreement involved the Lind Partners purchasing a $12 million senior convertible note and a common stock purchase warrant to acquire up to 750,000 common stock shares of Golden Matrix. “We are very pleased to have the Lind Partners invest in the company,” said Golden Matric CEO Brian Goodman in the press release. “The proceeds from this investment will put Golden Matrix in a strong financial position for continued expansion and enable us to identify and make strategic acquisitions in the future.”

To view the full press release, visit https://ibn.fm/e4FG0

About Golden Matrix Group Inc.

Golden Matrix Group, based in Las Vegas, Nevada, is a leading business-to-business (“B2B”) and business-to-consumer (“B2C”) gaming technology company operating globally across multiple international markets. The B2B division of Golden Matrix develops and licenses proprietary gaming platforms for its extensive list of clients. Its B2C division, RKings, operates a high-volume eCommerce site enabling end users to enter paid-for competitions on its proprietary platform in authorized markets. The company also owns and operates MEXPLAY, a regulated online casino in Mexico. Founded in 2001, the MeridianBet Group is a well-established online sports betting and gaming group, licensed and currently operating in 15 jurisdictions across Europe, Africa and South America. The MeridianBet Group’s successful business model utilizes proprietary technology and scalable systems, thus allowing it to operate in multiple countries and currencies and with an omni-channel approach to markets, including retail, desktop online and mobile. The company’s sophisticated software automatically declines any gaming or redemption requests from within the United States, in strict compliance with current U.S. law. For more information about the company, visit www.GoldenMatrix.com.

NOTE TO INVESTORS: The latest news and updates relating to GMGI are available in the company’s newsroom at https://ibn.fm/GMGI

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TinyGems is a specialized communications platform with a focus on innovative small-cap and mid-cap companies with bright futures and huge potential. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TinyGems is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, TinyGems brings its clients unparalleled recognition and brand awareness. TinyGems is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Glidelogic Corp. (GDLG) Marks Important Milestone in Its Expansion into E-Commerce Services Sector

July 5, 2024 11:09:48

Glidelogic (OTC: GDLG), a diversified software development company specializing in artificial intelligence, fintech, and blockchain technology development and consulting, has become an authorized TikTok Shop Partner. In addition, the company announced it has obtained multiple TikTok Shop Partner cooperation qualifications since December 2023. Targeting the U.S. market, these qualifications include Finance, Seller and Scalable Creator Match-Up, LIVE Stream Management, Affiliate Management, Paid Advertisement Placement, Shop Operation and Management, and Short Video Management. These cooperation qualifications increase trust and provide unique resource support, allowing the company to better serve commercial clients. According to the announcement, this marks an important milestone in its expansion into the e-commerce services sector. “Becoming a TikTok Shop Partner allows us to reach numerous influencers and business clients through TikTok’s Key Opinion Leader (“KOL”), Key Opinion Consumer (“KOC”) networks, and affiliate networks. Partnering with TikTok’s financial partners helps us seamlessly integrate data from the TikTok e-commerce platform, gain deep insights into customers’ supply chains, and accurately match the best supply chain financial service providers,” said Glidelogic CEO Fred (Yitian) Xue. “Utilizing our AI technology, we can not only optimize live streaming management and short video creation but also intelligently match sellers with creators and optimize paid media placement and shop operations through data analysis. These collaborations significantly enhance our service capabilities, providing clients with efficient and targeted solutions, thereby driving our business growth.”

To view the full press release, visit https://ibn.fm/G2XT9

About Glidelogic Corp.

Founded in December 2020 and headquartered in Culver City, California, Glidelogic is committed to developing AI-based software, fintech solutions, and blockchain technology, as well as providing related consulting services. The company’s mission is to leverage leading AI technology to offer forward-looking services to commercial clients, thereby enhancing productivity. For more information about the company, visit www.glidelogic.ai.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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BioMedNewsBreaks — FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A) Amends Original Material Change Report, Files Amended and Restated MCR

July 5, 2024 10:42:23

FSD Pharma (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A), a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions, has filed an amended and restated material change report. According to the announcement, the report amended the disclosure in Section 5.1 of the original MCR. “The amended and restated material change report is being filed to provide additional disclosure with respect of the private placement offering of Class A multiple voting shares of the company that closed on Dec. 5, 2023,” stated the company in the press release. “The amended and restated MCR can be found on the company’s SEDAR+ profile.”

To view the full press release, visit https://ibn.fm/ft6MF

About FSD Pharma Inc.

FSD is a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions for the treatment of challenging neurodegenerative and metabolic disorders and alcohol misuse disorders with drug candidates in different stages of development. Through its wholly owned subsidiary, Lucid Psycheceuticals Inc. (“Lucid”), FSD is focused on the research and development of its lead compound, Lucid-MS (formerly Lucid-21-302) (“Lucid-MS”). Lucid-MS is a patented new chemical entity shown in preclinical models to prevent and reverse myelin degradation, the underlying mechanism of multiple sclerosis. FSD Pharma invented unbuzzd(TM) and spun out its OTC version to Celly Nutrition, a company led by industry veterans. FSD retains ownership of 25.71% of Celly Nutrition Corp. The agreement with Celly Nutrition also includes royalty payments of 7% of sales from unbuzzd until payments to FSD Pharma total $250 million. Once $250 million is reached, the royalty drops to 3% in perpetuity. Additionally, FSD Pharma retains a large tax loss carry forward of approximately C$130 million and could be utilized in the future to offset tax payable obligations against future profits. FSD Pharma retains 100% of the rights to develop similar product or alternative formulations specifically for pharmaceutical/medical uses. FSD Pharma maintains a portfolio of strategic investments through its wholly owned subsidiary, FSD Strategic Investments Inc., which represent loans secured by residential or commercial property. For more information about the company, please visit www.FSDPharma.com.

About BioMedWire

BioMedWire (“BMW”) is a specialized communications platform with a focus on the latest developments in the Biotechnology (BioTech), Biomedical Sciences (BioMed) and Life Sciences sectors. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, BMW brings its clients unparalleled recognition and brand awareness.

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GreenEnergyBreaks — EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF) Reports Record Production Numbers at RNG Facility

July 5, 2024 10:21:18

EverGen (TSX.V: EVGN) (OTCQX: EVGIF), Canada’s renewable natural gas (“RNG”) infrastructure platform, has achieved new record single-day and monthly RNG production numbers at the Fraser Valley Biogas (“FVB”) facility. The production records were set last month. According to the announcement, the records, which were reached last month, were for daily production, which was 530 GJs, and monthly production, which was 10,758 GJs. In addition to the record production taking place at the facility, the company also commissioned additional feedstock-processing equipment; the equipment will allow the facility to accept an increased range of feedstock. A wholly owned subsidiary of EverGen, FVB is the original producing RNG project in western Canada. The facility is also the first project to inject RNG into FortisBC’s network, part of the North American natural-gas infrastructure network. In addition, FVB produces an organic, macronutrient-rich, odor-free fertilizer designed to replace synthetic fertilizers that local farms have been using for more than a decade. “The record production at Fraser Valley Biogas demonstrates our team’s ability to deliver a world-class RNG facility,” said EverGen CEO Mischa Zajtmann in the press release. “With the previously announced 20-year offtake and feedstock agreements now in place, we look forward to continuing to deliver increased volumes to FortisBC.”

To view the full press release, visit https://ibn.fm/SwB6D

About EverGen Infrastructure Corp.

EverGen, Canada’s renewable natural gas infrastructure platform, is combating climate change and helping communities contribute to a sustainable future. Headquartered on the west coast of Canada, EverGen is an established independent renewable energy producer that acquires, develops, builds, owns and operates a portfolio of renewable natural gas, waste-to-energy and related infrastructure projects. EverGen is focused on Canada, with continued growth expected across other regions in North America and beyond. For more information about EverGen and its products, visit www.EverGenInfra.com.

NOTE TO INVESTORS: The latest news and updates relating to EVGIF are available in the company’s newsroom at https://ibn.fm/EVGIF

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Concerns Grow Regarding “AI Washing” and Likely Harms

July 5, 2024 10:05:00

Amazon faced some criticism following its launch of the Just Walk Out technology at different physical grocery stores across several markets. This new artificial intelligence-powered system allows consumers at different Amazon Go and Amazon Fresh shops to just pick the things they need and leave the premises, all without having to stop.

To work, this system uses many sensors to determine what a customer picks. Once this is done, the customer is then…

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How Inefficient Data Centers Hamper Sustainability

July 5, 2024 10:05:00

Experts believe that companies which are maintaining excess capacity for their IT and data-center requirements are impeding efforts to run their facilities in a way that is more sustainable.

Hewlett Packard Enterprise’s chief technologist of sustainable transformation, John Frey, revealed that it was common for companies to switch off…

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Ford to Develop Next-Gen EV Platform at Long Beach

July 5, 2024 10:05:00

Ford has chosen Long Beach, California,  as the official location for the construction of a plant where the U.S. automaker will develop its new electric-vehicle platform. According to Ford, a Skunkworks team based at the Long Beach facility will be tasked with building affordable electric cars on Ford’s next-generation, electric-vehicle platform. With the U.S. market and other large EV markets reeling from falling EV demand due to high costs, lower-priced EVs will be key to Ford remaining competitive in America’s shrinking EV market.

During a February call with investors, Ford CEO Jim Farley revealed that the automaker had been developing…

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Study Suggests AI Models Could Be Relying on ‘Demographic Shortcuts’ During Medical Diagnosis

July 5, 2024 10:05:00

New research has determined that artificial intelligence (AI) models may be depending on “demographic shortcuts” when making medical diagnoses. Prior studies had determined that these models could reliably predict a patient’s race from their chest X-rays, something even the best radiologists couldn’t do.

This has been further put under the spotlight by this recent study, which determined that these artificial intelligence models have discrepancies in their…

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US Transportation Secretary Says Marijuana Reclassification Won’t Change Trucker Drug Testing

July 5, 2024 10:05:00

Secretary of Transportation Pete Buttigieg recently announced that cannabis’ reclassification wouldn’t impact drug testing policies for truckers. While speaking at a congressional hearing this past week, he explained that this was primarily because the U.S. Transportation Department listed cannabis as a substance to screen for.

Buttigieg had been responding to a question tabled during a hearing of the House Committee on Transportation and Infrastructure asked by…

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New Report Discusses Graphite Market’s Prospects Between 2024–2035

July 5, 2024 10:05:00

A recently released report has provided crucial insights into the graphite industry, focusing on its applications, future projections and current market trends across various industries. Graphite is a mineral needed for the green transition, with current demand growing in markets such as renewable energy storage and electric vehicles.

The mineral has different properties, including the fact that it is a good conductor of electricity and heat. Graphite also maintains strength and…

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NOTE TO INVESTORS: The latest news and updates relating to Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) are available in the company’s newsroom at https://ibn.fm/RFLXF

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Post-Conference Recap of the 4th PRC Performance Optimization Summit

July 5, 2024 09:35:00

The 4th PRC Performance Optimization Summit, held on June 5-6, 2024, in Philadelphia, gathered industry leaders to discuss optimizing promotional review committees (“PRC”). The summit featured sessions on compliance strategies, incorporating AI in PRC operations, and managing content updates for various digital platforms. Attendees benefited from expert presentations, interactive workshops, and networking opportunities aimed at enhancing PRC effectiveness and teamwork. Key discussions included ensuring compliance, preparing for modular content updates, and shaping review strategies for emerging technologies like virtual reality and mobile applications.

The summit provided a comprehensive overview of best practices for promotional review processes, focusing on real-world applications and practical solutions for common challenges faced by PRCs. Speakers joined from organizations including AbbVie, Biogen, Moderna, and Otsuka.

For those unable to attend in person, the summit offers an On-Demand option, allowing participants to watch the conference sessions at their convenience from anywhere. This ensures broader accessibility and the opportunity to benefit from the insights shared during the event.

Watch On-Demand: https://dgevents.com/event/prc-performance_optimization-summit/

About InvestorWire

InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

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InvestorNewsBreaks – Laredo Oil Inc. (LRDC), Subsidiary Announce Oil Shows as Drilling Depth Met at First of Three Midfork Production Wells

July 5, 2024 08:47:00

Laredo Oil (OTC: LRDC), an oil exploration and production company, and its wholly owned subsidiary, Hell Creek Crude (“HCC”) LLC, are reporting oil shows in three zones of the Reddig 11-21 well in the Midfork field located in Valley County, Montana. The oil shows were discovered as total drilling depth was met in drilling operated by HCC in the Midfork field. The Reddig 11-21 well is the first of three production wells HCC plans to drill and operate. “We are elated with our progress and expect to have the well ready for production in three to four weeks,” said Laredo Oil chair and CEO Mark See in the press release. “Once the well is producing, we will begin planning the next two wells we expect to drill and operate in the Midfork field.”

To view the full press release, visit https://ibn.fm/IWi7j

About Laredo Oil Inc.

Laredo Oil is an oil exploration and production company primarily engaged in acquisition and exploration efforts for mineral properties. In addition to pursuing conventional oil-recovery methods in selected oil fields, Laredo Oil plans to locate and acquire mature oil fields, with the intention of recovering “stranded” oil using enhanced recovery methods. For more information about the company, visit www.Laredo-Oil.com.

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InvestorNewsBreaks – Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Announces Plans to Begin 2024 Development Program

July 5, 2024 08:40:33

Prospera Energy (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B), a publicly traded energy company based in western Canada and specializing in the exploration, development and production of crude oil and natural gas, will be starting its 2024 development drilling program later this month. According to the announcement, the initial focus will be on multiped, medium-oil infill directional wells, based on 2023 positive drilling results. The program will be financed through nondilutive debt financing of $11 million, which was recently finalized and specifically dedicated to the 2024 development program. The company noted that the 2023 capital outlay for the initial medium-oil well is on target to pay out in approximately seven months demonstrating effective program execution and efficient return on capital. “Due to existing infrastructure already in place, these subsequent infill medium-oil wells are expected to continue robust economics,” stated the company in the press release. “The 2024 medium-oil drilling program includes infill development of two pools and the initial drilling of a new pool. The horizontal transformation to capture the substantial remaining heavy oil reserves will be continued subsequent to the medium-oil drills. Multilateral development is also proposed for the untapped other two core heavy oil properties. In addition to the improved recovery via horizontal wells and reservoir management, enhanced oil recovery is commencing with a pilot project.”

To view the full press release, visit https://ibn.fm/zPAjx

About Prospera Energy Inc.

Prospera Energy is a publicly traded energy company based in western Canada, specializing in the exploration, development and production of crude oil and natural gas. Prospera is primarily focused on optimizing hydrocarbon recovery from legacy fields through environmentally safe and efficient reservoir-development methods and production practices. Prospera was restructured in the first quarter of 2021 to become profitable and in compliance with regulatory, environmental, municipal, landowner and service stakeholders. The company is in the midst of a three-stage restructuring process aimed at prioritizing cost-effective operations while appreciating production capacity and reducing liabilities. Prospera has completed the first phase by optimizing low-hanging opportunities and attaining free cash flow while also bringing operations to safe operating condition and remaining compliant. Currently, Prospera is executing phase 2 of the restructuring process, the horizontal transformation intended to accelerate growth and capture the significant remaining reserves (400 million bbls). These horizontal wells allow PEI to reduce its environmental and surface footprint by eliminating the numerous vertical well leases along the lateral path. Phase 3 of Prospera’s corporate redevelopment strategy is to optimize recovery through EOR applications. Prospera will also pursue its acquisition strategy to diversify its product mix and expand its core area. Its goal is to attain 50% light oil, 40% heavy oil and 10% gas. PEI continues to apply efforts to minimize its environmental footprint as well as efforts to reduce and eventually eliminate emissions while also pursuing innovative ESG methods to enhance API quality, thereby achieving higher margins and eliminating the need for diluents. For more information, visit the company’s website at www.ProsperaEnergy.com.

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Clene Inc. (NASDAQ: CLNN) Presents Promising Preliminary Data on CNM-Au8(R) for Rett Syndrome Treatmentw

July 5, 2024 08:05:00
  • Clene revealed new preliminary data on CNM-Au8 for Rett Syndrome treatment at the International Rett Syndrome Foundation 2024 Annual Meeting in Westminster, Colorado
  • The only current FDA-approved drug for Rett Syndrome is trofinetide, approved in 2023
  • CNM-Au8 treatment showed improvements in mitochondrial respiration deficits in Rett patient-derived astrocytes

Clene (NASDAQ: CLNN), along with its subsidiary Clene Nanomedicine Inc., a biopharmaceutical company specializing in mitochondrial health to address neurological diseases like amyotrophic lateral sclerosis (“ALS”) and multiple sclerosis (“MS”), recently revealed new preliminary data on CNM-Au8 for Rett Syndrome treatment. The data was presented by Dr. Karen Ho, Clene’s Vice President of Translational Medicine, at the International Rett Syndrome Foundation 2024 Annual Meeting in Westminster, Colorado. The presentation, titled “CNM-Au8, a Candidate First-in-Class Nanotherapeutic for Treatment of Rett Syndrome,” highlighted CNM-Au8’s potential (https://ibn.fm/NAtz7).

Rett Syndrome is a severe and rare pediatric neurological disorder caused by mutations in the MECP2 gene on the X chromosome. It predominantly affects females, occurring in about 1 in 10,000 live female births. Children with MECP2 mutations develop normally for the first six months of life but then experience a regression in skills, leading to various neurological and developmental issues such as loss of hand movement, abnormal gait, respiratory problems, autism spectrum traits, motor dysfunction, loss of verbal skills, seizures, and Parkinson-like features. The disorder also involves microcephaly and myelin loss in the brain. Currently, the only FDA-approved drug for Rett Syndrome is trofinetide, approved in 2023.

CNM-Au8 is an oral nanotherapeutic that enhances energy metabolism in nervous system cells, including neurons and oligodendrocytes, to support neuronal survival and remyelination. Clene has primarily been developing CNM-Au8 for ALS and MS, but its unique mechanism of action has led to considering its potential for treating Rett Syndrome.

The research, conducted in collaboration with Dr. Kathrin Meyer, formerly of Nationwide Children’s Hospital and now Chief Scientific Officer of Alcyone Therapeutics, along with her former postdoctoral researchers Drs. Meysam Ganjibakhsh and Andrea Sierra Delgado, explored the impact of CNM-Au8 on Rett Syndrome. Dr. Delgado is now a Research Assistant Professor at the University of Missouri.

Key preliminary findings include significant improvements in neuronal health (p<0.01), neuron survival (p<0.0001), and neurite lengths (p<0.05) in an in vitro model of Rett Syndrome.

Additionally, CNM-Au8 treatment showed improvements in mitochondrial respiration deficits in Rett patient-derived astrocytes, with full rescue (p<0.0001) of both basal and ATP-linked respiration in one Rett line and partial rescue (p<0.001 improvement in ATP-linked respiration) in another.

Dr. Ho said Rett Syndrome has a disease mechanism that shares some common features with both ALS and MS, with dysfunctional energy metabolism, glutamate excitotoxicity, demyelination, and mitochondrial dysfunction being hallmarks of the challenges faced by the nervous system in all three of these diseases.

“These preliminary data suggest that CNM-Au8 may treat Rett syndrome by potential rescue of mitochondrial dysfunction, thereby promoting neuronal health, survival, and synaptic structure. If CNM-Au8 proves to be a successful treatment for Rett syndrome, this will add further affirmation to Clene’s central thesis: that CNM-Au8—with its versatile and unique catalytic mechanism—holds promise as a potential treatment for multiple diseases of the nervous system, beyond its current targets of ALS and MS,” Dr. Ho added.

The study received support from the Baby Eleanor Foundation, and the team acknowledged the donation of Rett and healthy control cells from anonymous individuals. Dr. Ho emphasized the potential impact of CNM-Au8 on millions of people with difficult-to-treat neurological diseases, highlighting the rewarding nature of their ongoing research. “It’s a truly rewarding time to participate in the development of CNM-Au8, which has strong potential to make a difference to the millions of people living with difficult-to-treat neurologic diseases,” she said.

For more information, visit the company’s website at www.Clene.com.

NOTE TO INVESTORS: The latest news and updates relating to CLNN are available in the company’s newsroom at https://ibn.fm/CLNN

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Could NIO Inc Shares Be Poised for Major Climb?

July 5, 2024 08:05:00

The electric vehicle (EV) market is facing an upward trajectory after a rough patch, suggesting renewed confidence and optimism, which is particularly beneficial for investors in the industry. Global sales of electric vehicles have hit 14 million, raising the total number of these vehicles on the road to 40 million.

One of the companies reaping rewards is Rivian. The company has witnessed a recent surge fueled by a massive $5 billion investment from Volkswagen. Following this example, NIO stock price jumped by 8.07% in the week that has just ended.

The recent surge in stock price has helped NIO Inc. (NYSE: NIO) reduce its price decline to 46.14%, a significant improvement from the steep decline experienced earlier this year. Nevertheless, some indicators have given a quite different perspective on this matter for NIO stock. It has shown a persistent downward trend over the medium- to long-term, indicating waning investor interest.

The Chinese luxury electric vehicle maker stock is in a support range of $4.29–$4.33 and a resistance zone of $4.65–$4.73. These trends are the result of many trend lines, and key moving averages within various time horizons provide the limits. A breakout from either of these could signal the start of significant future recurrent moves.

The relative strength index (RSI) for NIO stock has been advancing upward, rising from 30 to 48.07, indicating the stock is moving out of oversold territory and suggesting a potential price increase. Furthermore, NIO forms a symmetrical triangle pattern on the daily chart, often preceding significant price movements.

Despite these positive changes, the company’s stock price is still below the 20, 100 and 200 simple moving averages (SMA), which is considered bearish. The good thing, however, is that the stock is now trading above its 5 and 10 SMAs, indicating an upward momentum that may be possible soon.

As this industry continues to gain momentum, NIO is poised to capitalize on this growth and deliver substantial returns for investors. Even though the technical indicators are still mixed, the company’s recent upward trajectory and Rivian’s success have sparked hope for investors that NIO is poised for a major climb.

The global EV market is expected to grow, with key manufacturers expected to sell more than 20 million vehicles by 2030. This would lead to EV makers making up to 58% of car sales, supporting the current forecasts.

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WTO Report Says Trade Aid Could Broaden Opportunities in Energy Transition

July 5, 2024 08:05:00

The World Trade Organization Secretariat report has revealed that trade aid will be vital to broadening opportunities in the global transition to green energy. Launched late last month at the Global Review of Aid for Trade, the report noted that least-developed countries (LDCs) as well as developing economies have access to significant trade opportunities as the world transitions to renewables. It also outlined the role finance will play in helping such nations leverage available trade opportunities in the clean-energy-related product and service value chain.

The “Aid for Trade in Action: Supporting the Transition to Clean Energy” report acknowledged that countries are adopting clean energy at accelerating rates, bringing the share of global electricity produced by solar, wind, hydrogen, nuclear and hydropower now generated to nearly 40%. Experts predict that the share of clean energy will continue to rise even faster as renewables become cheaper and countries ramp up green-energy adoption to meet national and global carbon-emission goals.

According to the report, the green-energy transition provides numerous opportunities for least-developed countries and developing economies to increase their trade volume and diversify their exports. It noted that Aid for Trade has already started offering financial support for the transition to clean energy, channeling 30% of all its climate objective commitments ($60 billion) from 2011 to 2021 into the energy sector. Despite the magnitude of this investment, it still isn’t enough to make an impact in terms of overall climate finance flows.

Less than one-fifth of clean-energy investments go to LDCs and developing economies, limiting their ability to effectively leverage trade opportunities. As per the report, developing economies and LDCs could increase their participation in global trade through three key segments: minerals and metals, services, and machinery and equipment manufacturing. The report also outlined different carbon-credit-related development opportunities as well as the potential benefits of using carbon capture and storage systems to reduce emissions from current exports.

LDCs and developing economies with natural resources could use financial aid to develop sustainable extraction facilities and attract foreign investment. Investing in the clean-equipment manufacture segment also offers a potentially rewarding financial opportunity as the segment is projected to surpass $1 trillion by the middle of the century, while a robust clea- energy-related services sector could help increase the odds for cross-border trade, increase growth opportunities and create new employment opportunities. Forward-thinking economies could use these opportunities to develop themselves into manufacturing value chain hubs over the next several decades.

In the more developed economies of the west, enterprises such as FuelPositive Corp. (TSX.V: NHHH) (OTCQB: NHHHF) are positioning themselves to reap the benefits of providing alternative energy solutions to meet the growing need for clean energy.

NOTE TO INVESTORS: The latest news and updates relating to FuelPositive Corp. (TSX.V: NHHH) (OTCQB: NHHHF) are available in the company’s newsroom at https://ibn.fm/NHHHF

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Could NIO Inc Shares Be Poised for Major Climb?

July 5, 2024 08:05:00

The electric vehicle (EV) market is facing an upward trajectory after a rough patch, suggesting renewed confidence and optimism, which is particularly beneficial for investors in the industry. Global sales of electric vehicles have hit 14 million, raising the total number of these vehicles on the road to 40 million.

One of the companies reaping rewards is Rivian. The company has witnessed a recent surge fueled by a massive $5 billion investment from Volkswagen. Following this example, NIO stock price jumped by 8.07% in the week that has just…

Read More>>

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BillionDollarClub (“BDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, BDC brings its clients unparalleled recognition and brand awareness.

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New IRS Rule Against Tax Evasion Requires Crypto Companies to Reveal Trade Information

July 5, 2024 08:05:00

The U.S. Treasury Department has announced a new requirement for most crypto brokers to report user transaction proceeds to the Internal Revenue Service (IRS) starting in two years. The measure, aimed at preventing tax evasion in the cryptocurrency market, was revealed through an IRS statement on June 28, 2024.

Beginning in 2026, payment processors and crypto exchanges, including platforms such as Coinbase, will be mandated to share information on user trades and sales with the IRS. This includes, in certain cases, stablecoins such as Circle’s USDC and Ether (USDT), as well as high-value NFTs. However, the…

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