QualityStocksNewsBreaks Archives - Page 347 of 1423

FridayNov 18, 2022 10:38 am

QualityStocksNewsBreaks – InMed Pharmaceuticals Inc. (NASDAQ: INM) Announces Anticipated $6M Private Placement Funding

InMed Pharmaceuticals (NASDAQ: INM), a leader in the pharmaceutical research, development and manufacturing of rare cannabinoids and cannabinoid analogs, has entered into a securities purchase agreement with two healthcare-focused institutional investors. The agreement outlines plans for the issuance and sale of 1,818,185 of INM common shares; the shares will be issued at a purchase price of $3.30 per share or prefunded warrant. In addition, the agreement notes that INM will issue unregistered preferred investment options to the same investors; those options include purchasing up to 3,272,733 additional common shares. According to the announcement, the company anticipates the private placement, which…

FridayNov 18, 2022 10:14 am

QualityStocksNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) CEO Discusses Next-Level Technology on Stock Day Podcast

Mullen Automotive (NASDAQ: MULN), a Southern California-based company building the next generation of premium electric vehicles (“EVs”) that are affordable and built entirely in the U.S., was featured on a recent episode of the Stock Day Podcast. Mullen’s CEO David Michery joined Stock Day host Everett Jolly to discuss the company’s milestones, partnerships, strategic acquisitions, deliverables, and the successful debut of Mullen’s first electric crossover. The EV crossover, for which the company is currently accepting pre-orders and expected to arrive on the market in 2024, was recently recognized for its design and state-of-the-art PERSONA technology. “The response has been overwhelming,”…

FridayNov 18, 2022 10:00 am

QualityStocksNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Announces Preliminary Fiscal 2022 Revenues, Expected 201% YOY Increase

Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of gaming platforms, systems and gaming content, today announced its preliminary revenues for the fiscal year ending Oct. 31, 2022, reflecting expected record revenues of more than $34 million. According to the update, this represents an estimated 201% improvement on revenues of $11.3 million in the comparable twelve-month period ending Oct. 31, 2021. Golden Matrix acquired its 80% controlling interest in RKingsCompetitions Ltd (“Rkings”), which operates a business-to-consumer (“B2C”) tournament platform, at the beginning of the fiscal year. As a result, there were no contributions by Rkings to GMGI’s overall revenues…

ThursdayNov 17, 2022 3:45 pm

QualityStocksNewsBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Announces Strategic Advisory Appointment, Joint Research Project to Reduce N2O Emissions

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF) today announced the appointment of Dr. Mario Tenuta as its agricultural greenhouse gas mitigation advisor. Dr. Tenuta currently serves as the senior industrial research chair in 4R Nutrient Stewardship and is professor of applied soil ecology at the University of Manitoba. The company also shared news about a new joint research project aimed at reducing nitrous oxide (“N2O”) emissions associated with the use of all nitrogen fertilizers, whether organic or synthetic. The project was initiated during the last week of October 2022 and is being conducted on the11,000-acre farm of Tracy and Curtis Hiebert, near…

ThursdayNov 17, 2022 2:39 pm

QualityStocksNewsBreaks – Hillcrest Energy Technologies Ltd.’s (CSE: HEAT) (OTCQB: HLRTF) Solution Holds Potential to Reshape EV Charging Infrastructure Needs

Hillcrest (CSE: HEAT) (OTCQB: HLRTF) is a clean energy technology company whose flagship product is a single high-efficiency inverter architecture for use throughout electrification ecosystems, from renewable energy generation to EV charging and operation. “A new class of inverter technology, Hillcrest’s Silicon Carbide (‘SiC’) traction inverter technology converts DC (direct current) output from batteries into AC (alternating current) input used by motors. The unique design enables power applications to utilize higher switching frequencies and realize increased traction motor performance and reliability while operating at higher power levels without sacrificing efficiency. The inverter touches all the key points EV makers are…

ThursdayNov 17, 2022 12:12 pm

QualityStocksNewsBreaks — Cepton Inc. (NASDAQ: CPTN) Announces Next-Gen Lidar Product Honor, New Collaboration

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, has been recognized for Vista(R)-X120 Plus, its new automotive lidar product. VistaX-120 was named a 2023 honoree in the Vehicle Tech & Advanced Mobility category of the CES Innovation Award program. Cepton plans on unveiling Vista-X120 Plus at CES 2023, which will be held in Las Vegas on Jan. 5-8, 2023. According to the company, the next-generation lidar product features a unique combination of ultra-slim and small-form-factor, top-end performance and real-time adaptive 3D perception. Vista-X120 Plus offers the next level of perception capabilities to “see” finer objects from…

ThursdayNov 17, 2022 12:03 pm

QualityStocksNewsBreaks – Reklaim Ltd. (TSX.V: MYID) (OTCQB: MYIDF) Achieves 217% Revenue, 142% Gross Margin Increases in Q3-2022

Reklaim (TSX.V: MYID) (OTCQB: MYIDF), the destination for consumers to access and reclaim their data, today announced the filing of Q3-2022 financial results for the three and six months ending Sept. 30, 2022 (“Q3-2022”). Among the highlights, the company reported a 217% increase in annual revenue to $1,642,380 from $558,342 in 2021 (“Q3-2021”), as well as a gross margin of $101,033, reflecting an increase of 142% from the same period last year. “The shift in the data market to one of privacy and compliance continues to accelerate with more and more companies looking for a partner who can solve these…

ThursdayNov 17, 2022 11:51 am

QualityStocksNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Closes on ELMS Asset with $150M Funding

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has received $150 million funding, which the company will use in part to close on ELMS assets. According to the announcement, the company can now fund and close on ELMS assets and complete engineering, preparation and launch of EVs. ELMS assets include a factory in Mishawaka, Indiana; all ELMS IP, which includes essential manufacturing data for the assembly of the class 1 van and class 3 cab chassis; all inventory including finished and unfinished vehicles, part modules, component parts, raw materials and tooling; and all property including equipment, machinery, supplies, computer hardware,…

ThursdayNov 17, 2022 11:10 am

QualityStocksNewsBreaks – InMed Pharmaceuticals Inc. (NASDAQ: INM) Announces Accounting VP, Controller

InMed Pharmaceuticals (NASDAQ: INM), a leader in the pharmaceutical research, development and manufacturing of rare cannabinoids and cannabinoid analogs, has named Sarah Li as vice president of accounting and InMed controller; the change will be effective Nov. 20, 2022. Li is replacing Brenda Edwards, who has been serving as interim chief financial officer for the company. Edwards joined InMed in the interim contract role in March after the company’s CFO retired. “We are pleased to announce this promotion of Ms. Li to her new position as VP of Accounting and Controller,” said InMed president and CEO Eric A. Adams in…

ThursdayNov 17, 2022 11:02 am

QualityStocksNewsBreaks – CubCrafters Inc.’s Green Light for Public Offering Featured in General Aviation News

CubCrafters, the leading designer and manufacturer of light-sport, experimental and Part 23 certified backcountry aircraft, was featured in an article published by General Aviation News. The piece describes how investors can become part owners of CubCrafters now that the Securities Exchange Commission (“SEC”) has qualified the company for a $50 million public stock offering using the Regulation A+ exemption, which allows for the first outside investment in the history of the company. “Advised by Manhattan Street Capital, CubCrafters intends to raise up to $50 million from its fans, customers, aviation enthusiasts, the investment community, and the general public. The offering…

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