QualityStocksNewsBreaks Archives - Page 325 of 1637

WednesdayOct 02, 2024 10:55 am

QualityStocksNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Reports 6791% QoQ Revenue Growth, Continued Decrease in Monthly Cash Burn

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced expectations to report a significant revenue increase for the quarter ended September 30, 2024. The company anticipates recording approximately $4.5 million in revenue in the just-ended quarter, compared to $65,235.00 in the previous quarter ended June 30, 2024, a quarter-over-quarter increase of 6791%. According to the announcement, the company’s monthly cash burn for the quarter ended September 30, 2024, is approximately $12.7 million per month, down from $12.8 million for the quarter ended June 30, 2024, and $18.1 million for the quarter ended March 31, 2024. The announcement…

WednesdayOct 02, 2024 9:30 am

QualityStocksNewsBreaks – Clene Inc. (NASDAQ: CLNN) Closes on Direct Offering, Concurrent Private Placements Totaling $7.3M

Clene (NASDAQ: CLNN), a late clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, and its wholly owned subsidiary, Clene Nanomedicine Inc., has closed on a registered direct offering and concurrent private placements. According to the announcement, the transactions consist of common stock and warrants and were with a healthcare-focused institutional investor and existing shareholders, including insiders. Gross proceeds of the offerings and placements totaled an estimated $7.3 million with the potential for additional capital through the future exercise of warrants. Clene also announced the amendment of its existing debt facility with Avenue Venture…

WednesdayOct 02, 2024 8:30 am

QualityStocksNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS), Japan Tobacco Inc. Announce Planned Partnership to Leverage Quantum Computing, AI in Drug Discovery

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the pharmaceutical division of Japan Tobacco Inc. (“JT”) announced plans to partner on a joint proof-of-concept project to explore the use of quantum computing technology and artificial intelligence (“AI”) to accelerate the speed and quality of the drug discovery process, i.e., “Quantum AI-driven Drug Discovery.” The project aims to pioneer a new process for discovering ‘first-in-class’ pharmaceutical small compounds. Upon completion of the proof-of-concept project, JT’s pharmaceutical division intends to further advance the developed Quantum AI-driven Drug Discovery analysis systems and eventually apply the…

TuesdayOct 01, 2024 11:25 am

QualityStocksNewsBreaks – First Tellurium Corp. (CSE: FTEL) (OTC: FSTTF) Shares Additional Information from 3D DC-Resistivity and Induced Polarization Survey at Deer Horn Property

First Tellurium (CSE: FTEL) (OTC: FSTTF) today announced the receipt of additional data from the 3D DC-resistivity and induced polarization (“IP”) survey at its Deer Horn property in British Columbia. According to the information provided by the company’s Qualified Person (“QP”) and consulting geologist Dr. Lee Groat, the resistivity model within the survey area was dominated by a low resistivity (increased conductivity) zone on the east side of the survey area. This data shows that the zone extends about 1200 meters from south to north, about 500 meters from east to west, and is approximately 300 meters thick. The announcement…

FridaySep 27, 2024 3:32 pm

QualityStocksNewsBreaks – Renforth Resources Inc. (CSE: RFR) (OTCQB: RFHRF) (FSE: 9RR) ‘Delivering on Multiple Fronts’ with Completed and Ongoing Exploration Efforts

Renforth Resources (CSE: RFR) (OTCQB: RFHRF) (FSE: 9RR), a Canada-based company engaged in the acquisition, exploration and development of mineral properties, provided an update on its summer exploration activities. “I am pleased to update fellow shareholders on our completed and ongoing exploration efforts, which touch almost all our wholly owned mineral assets. Our team continues to develop our understanding of our Beaupr copper discovery, testing its size on surface under cover, and we have commenced testing mineralized material from our Victoria polymetallic system for suitability for pre-concentration in a processing flow sheet, funded by the government of Quebec. We are…

FridaySep 27, 2024 3:26 pm

QualityStocksNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Working to Establish Critical Mineral Independence for North America

Fathom Nickel (CSE:FNI) (FSE: 6Q5) (OTCQB: FNICF) is one of the North American-based companies working to expand American mining and diversify sustainable sources of critical minerals and materials. “The nation’s overreliance on foreign sources, adversarial nations for critical minerals and materials poses national and economic security threats, says a [first-of-a-kind report released early in the Biden-Harris Administration]… If establishing critical mineral independence is truly a western goal, then it is essential that North American nickel mines be discovered and developed,” a recent article reads. “Fathom Nickel is an energy metals exploration company that is targeting high-grade copper, cobalt and nickel…

FridaySep 27, 2024 3:20 pm

QualityStocksNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Cleared to Begin Human Pilot Study #3 Evaluating DehydraTECH-Processed Tirzepatide

Lexaria Bioscience (NASDAQ: LEXX, LEXXW), a global innovator in drug delivery platforms, announced Friday that it had received approval from an independent review board for its planned human pilot study #3. The approval signals that the company can begin the study, which aims to investigate the first ever DehydraTECH-processed version of tirzepatide, a dual action glucagon-like peptide (“GLP-1”) + glucose-dependent insulinotropic peptide (“GIP”), in an oral dose format. Tirzepatide is approved for use in the U.S. under the Eli Lilly(TM)-owned Zepbound(R) and Mounjaro(R) brands. Lexaria plans to begin subject enrollment shortly, with the company expecting to make an announcement as…

FridaySep 27, 2024 12:35 pm

QualityStocksNewsBreaks – Hyperscale Data Inc. (NYSE American: GPUS) Highlights Strategic Focus on AI Data Centers and Michigan Expansion

In a letter to stockholders, Hyperscale Data Inc. (NYSE American: GPUS) CEO William B. Horne outlined the company's focus on transforming into a pure-play data center business, emphasizing the potential of its Michigan facility as a major AI infrastructure hub. With 14 acres under roof and 20 more available for expansion, the site is powered by clean energy sources and positioned to serve the growing AI market. Hyperscale plans to increase capacity from 30 MW to 300 MW and is in talks with leading companies for long-term leases. The company also intends to divest non-core assets via special distributions. To…

FridaySep 27, 2024 11:20 am

QualityStocksNewsBreaks – Grow Up Conference and Expo Engages CannabisNewWire as a Gold Sponsor, Official Newswire for Upcoming Event

Grow Up Conference and Expo, a Canadian-owned and operated leader in the cannabis industry, has engaged CannabisNewWire (“CNW”), a specialized communications platform for the cannabis sector and one of the 60+ brands powered by InvestorBrandNetwork (“IBN”), to serve as a Gold Sponsor and Official Newswire for its upcoming industry-flagship event. The event is scheduled for September 29, 2024, to October 1, 2024, at the Edmonton Convention Center in Edmonton, Alberta. It brings together retail and wholesale buyers in Canada and boasts an insightful agenda that includes 100+ exhibitors, 50+ interactive sessions, and 80+ distinguished speakers, industry veterans, pioneers, and thought…

ThursdaySep 26, 2024 11:40 am

QualityStocksNewsBreaks – CannaCon Midwest to Help Drive Business, Accelerate Growth of Cannabis Industry Throughout the Midwest

CannaCon, a leading conference company, today announced that it will host the CannaCon Midwest Cleveland. Scheduled for October 3-4, 2024, the event will be held at the Huntington Convention Center in Cleveland, Ohio. The highly anticipated two-day event is a must-attend for entrepreneurs, founders, growers, dispensary owners, seed investors, medical professionals, policy experts, government regulators, and seasoned industry players. The event is expected to fulfill every cannabis business need throughout the value chain, from seed investments, cultivation supplies, and breakthrough tech innovations to first-rate legal and business advice, world-class genetics, and the sale of extraction equipment and retail displays. CannaCon…

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