December 2023 - QualityStocks

FridayDec 29, 2023 3:22 pm

QualityStocksNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Supports Near-Term Quantum Application Development Highlighted in Recently Signed NDAA

D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services and the world’s first commercial supplier of quantum computers, commends the U.S. government’s policy makers for including a quantum pilot program focused on near-term quantum computing applications in the National Defense Authorization Act (“NDAA”). The act was passed by Congress and signed into law by President Biden on December 22, 2023, establishing a program focused on near-term applications development to solve problems facing the Department of Defense (“DOD”) including the Armed Forces. “We applaud Congress and the Administration for taking this critical step to accelerate the use of…

FridayDec 29, 2023 12:05 pm

QualityStocksNewsBreaks – Scinai Immunotherapeutics Ltd. (NASDAQ: SCNI) Enters Agreement for Million-Dollar Exercise of Outstanding Warrants

Scinai Immunotherapeutics (NASDAQ: SCNI), a biopharmaceutical company focused on developing, manufacturing and commercializing innovative inflammation and immunology (“I&I”) biological products and provision of boutique CDMO (“CDMO”) services, has entered a definitive agreement for the immediate exercise of outstanding warrants. The agreement outlines the purchase of up to 2,606,552 American Depositary Shares (“ADSs”), with each ADS representing 400 ordinary shares. According to the announcement, exercise prices for the ADSs range from $1.16 to $5 per ADS and terms range from three years to five and one-half years. The company anticipates closing on the offering, which will be subject to customary conditions, about Jan. 3, 2024. Gross…

FridayDec 29, 2023 11:51 am

QualityStocksNewsBreaks — Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Releases Shareholder Letter Reviewing Year

Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) (FSE: A0I0), a publicly traded Canadian company in the rare earth element and uranium sectors, has released an end-of-year letter for its shareholders. Signed by company president Stephen Burega, the letter reviewed the year’s successes and achievements for the company. Highlights of the letter included the company’s expansion into Brazil through an earn-in agreement to acquire up to 70% interest in the PCH Ionic Adsorption Clay project in Goiás State; the hiring of of SGS Geological Services, led by Marc-Antoine Leporte, to prepare a Mineral Resource Estimate (“MRE”) on its high-grade Ionic…

FridayDec 29, 2023 9:00 am

Diamond Lake Minerals Inc. (DLMI) Builds Easy Entry Point in Tokenized Securities for Investors Unfamiliar with The Complexities of the Digital World

Utah-based Diamond Lake Minerals is building a groundbreaking model for digital asset investment that focuses on vertically integrated, industry-agnostic subsidiaries as stocks that happen to have tokenized security elements DLMI’s strategy is to attract digital asset novices and skeptics through a regulated environment gateway, to help them participate in the growing opportunities for a strong tech-based market Expectations that the Securities and Exchange Commission will approve a spot bitcoin ETF in the next few weeks, as well as policy-makers’ indications that inflation worries have eased, are helping to drive new optimism for the market Diamond Lake has seen its market…

ThursdayDec 28, 2023 12:45 pm

QualityStocksNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Investors Convert $3.55M Debt to Equity

Freight Technologies (NASDAQ: FRGT), a technology company that offers the proprietary Fr8App platform, announced that its investors have converted millions of dollars of convertible debt to equity. According to the announcement, investors converted approximately $3.55 million in convertible notes into equity in the form of preferred shares. Fr8App is an industry-leading, freight-matching platform powered by artificial intelligence (“AI”) and machine-learning that offers a real-time portal for business-to-business (“B2B”) cross-border shipping and domestic shipping within the United States-Mexico-Canada Agreement (“USMCA”) region. “The conversion is very positive news for the company,” said Freight Technologies CEO Javier Selgas in the press release. “The amount…

ThursdayDec 28, 2023 12:02 pm

QualityStocksNewsBreaks — Electronic Servitor Publication Network Inc. (XESP) Completes Pointward Inc. Merger, Adds to ‘Formidable’ Portfolio

Electronic Servitor Publication Network (OTCQB: XESP), a digital engagement company, has finalized its merger with Pointward Inc., a Delaware intellectual property holding company, for its channel-activation and customer-engagement assets. The company announced that the merger includes Pointward’s intellectual property, which consists of proven models, methods, protocols, tools and technologies designed to identify audience segments and engage each segment with customized content to create relevant, one-to-one digital relationship pathways. According to the announcement, the company plans to leverage Pointward’s IP portfolio to enhance its managed service product and to gain the capability and expertise to serve both highly regulated and unregulated markets.…

ThursdayDec 28, 2023 11:22 am

QualityStocksNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Delivers 50 Class 1 EV Cargo Vans to Randy Marion Automotive Group

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced delivery of 50 all-electric Mullen ONE, Class 1 cargo vans to Randy Marion Automotive Group (“RMA” or “Randy Marion”) with the company invoicing RMA for $1,680,000. Mullen anticipates shipping and invoicing a total of 285 Mullen ONE cargo vans within the next five business days to RMA. “With the advance of last-mile delivery and the growth of in-home services, the Mullen ONE EV cargo van is in strong demand,” said Brad Sigmon, fleet vice president at Randy Marion Automotive. “The Mullen ONE is an extremely versatile offering and…

ThursdayDec 28, 2023 10:19 am

QualityStocksNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), Astron Corp. Enter MOU to Develop Australia-Based REE and Mineral Sands Project

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S. producer of uranium, rare earth elements (“REE”) and vanadium, has entered into a nonbinding Memorandum of Understanding (“MOU”) with Astron Corporation Limited to jointly develop the Donald Rare Earth and Mineral Sands Project in Victoria, Australia. According to the MOU, Energy Fuels has exclusive rights through March 1, 2024, to conduct due diligence on the project and negotiate definitive and binding agreements regarding the joint venture. The agreement outlines plans for Energy Fuels to invest approximately $122 million to earn a 49% interest in the venture and to issue $17.5…

ThursdayDec 28, 2023 9:00 am

Sekur Private Data Ltd. (CSE: SKUR) (OTCQB: SWISF) (FRA: GDT0) CEO Discusses Recent McLaren Health Care Corporation Hack on Weekly New to the Street Segment with Ana Berry

Online cybersecurity threats can cost companies millions of dollars in repercussions, with the healthcare industry seeing an average cost of over $10 million McLaren Health Care Corporation's recent ransomware attack compromised the sensitive information of more than 2.2 million patients Sekur's CEO Alain Ghiai suggests that the hackers spent weeks to months using email to find vulnerable entry points into McLaren's main computer network Sekur's suite of private communication services helps keep cybersecurity threats away by encrypting communications on Swiss-hosted servers The internet has become a way for millions of people to connect. As of October 2023, there were 5.3…

WednesdayDec 27, 2023 2:59 pm

QualityStocksNewsBreaks — Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Comments on China Ban on Export of REE Tech, Notes Company’s REE Focus Is of ‘Increasing Strategic Importance’

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a leading developer of rare earth element (“REE”) processing technology, has released comments regarding the ban by China on the export of technology for the processing of rare earth elements (“REEs”). According to the statement, China announced a ban last week on the export of technology to produce REE permanent magnets and also confirmed its existing ban on technology associated with the separation of REEs. In the announcement, Ucore noted the Asian country’s “virtual monopoly” on the processing of heavy rare earth elements such as dysprosium, observing that Ucore’s current $4 million contract with…

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Month: December 2023