NEO

DeFi Technologies to Host Corporate Webinar on January 30th, 2024 at 10:00 AM PT / 1:00 PM ET

Retrieved on: 
Tuesday, January 30, 2024
Frankfurt Stock Exchange, Capital market, The Company, Q&A, OTC, NEO, Growth, Cryptocurrency

TORONTO, Jan. 30, 2024 /PRNewswire/ - DeFi Technologies Inc. (the "Company" or "DeFi Technologies") (NEO: DEFI) (GR: RB9) (OTC: DEFTF), a crypto native technology company that pioneers the convergence of traditional capital markets with the world of decentralised finance ("DeFi"), is pleased to announce a corporate webinar scheduled for January 30, 2024, at 10:00 AM PT / 1:00 PM ET.

Key Points: 
  • TORONTO, Jan. 30, 2024 /PRNewswire/ - DeFi Technologies Inc. (the "Company" or "DeFi Technologies") (NEO: DEFI) (GR: RB9) (OTC: DEFTF), a crypto native technology company that pioneers the convergence of traditional capital markets with the world of decentralised finance ("DeFi"), is pleased to announce a corporate webinar scheduled for January 30, 2024, at 10:00 AM PT / 1:00 PM ET.
  • The webinar will feature a Company overview and update, including the Company's strategic outlook in the months ahead.
  • The presentation will include insights from Olivier Roussy Newton, Chief Executive Officer, and Russell Starr, Head of Capital Markets.
  • DeFi Technologies stands out as a publicly traded company specifically constructed to provide investors with direct exposure to these nascent markets.

NEO Credit (NRT) Is Now Available for Trading on LBank Exchange

Retrieved on: 
Tuesday, January 23, 2024
Ecosystem, NEO, BNB, Fintech, NRT, Cryptocurrency

Users of LBank Exchange can brace themselves for the NRT/USDT trading pair, which will went live already.

Key Points: 
  • Users of LBank Exchange can brace themselves for the NRT/USDT trading pair, which will went live already.
  • NEO Credit (NRT), a key utility and gas token within the My NEO Group ecosystem, has been officially listed on LBank Exchange.
  • The listing of NRT on LBank Exchange marks a significant stride in My NEO Group's vision to integrate digital currencies with traditional financial systems.
  • The wider community is invited to explore the extensive potential of NEO Credit through the resources available on the My NEO Group website.

NEO Battery Materials Increases Share Ownership of South Korean Subsidiary – NBM Korea Co.

Retrieved on: 
Monday, January 29, 2024
Silicon, Car, Certification, Transaction, SME, NBM, A&P, Indian stock exchange, NEO, CAD, Ministry

TORONTO, Jan. 29, 2024 (GLOBE NEWSWIRE) -- (TSXV: NBM) (OTCQB: NBMFF)

Key Points: 
  • TORONTO, Jan. 29, 2024 (GLOBE NEWSWIRE) -- (TSXV: NBM) (OTCQB: NBMFF)
    NEO Battery Materials Ltd. (“NEO” or the “Company”), a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries, announces that the Company has increased its ownership of the South Korean subsidiary, NEO Battery Materials Korea Co., Ltd. (“NBM Korea”), through a Share Purchase Agreement (the “Agreement”) with Automobile & PCB Inc (“A&P”).
  • NEO acquired 258,829 Common Shares of NBM Korea from A&P for an aggregate purchase price of $1,708,707 CAD (the “Transaction”).
  • Preceding the Transaction, the Company directly held 776,487 Common Shares of NBM Korea, representing 60% of the issued and outstanding shares of NBM Korea, and following the closing, NEO now directly holds 1,035,316 Common Shares, representing 80% of the issued and outstanding shares of NBM Korea.
  • Furthermore, NBM Korea is actively discussing with several South Korean venture capital and institutional funds for further expansion and scale-up funding for the silicon anode business and value-enhancing battery technology projects.

GRIID to Begin Trading on Nasdaq Global Market Under Ticker “GRDI”

Retrieved on: 
Monday, January 29, 2024
Electricity, NEO Exchange, NEO, Cryptocurrency

CINCINNATI, Jan. 29, 2024 (GLOBE NEWSWIRE) -- GRIID Infrastructure Inc. (“GRIID” or the “Company”) (NASDAQ: GRDI) (NEO: GRDI), an American infrastructure company that operates vertically integrated bitcoin mining facilities leveraging low-cost, low-carbon energy, announced that the company will begin trading its common stock and warrants on Nasdaq Global Market (“Nasdaq”) today.

Key Points: 
  • CINCINNATI, Jan. 29, 2024 (GLOBE NEWSWIRE) -- GRIID Infrastructure Inc. (“GRIID” or the “Company”) (NASDAQ: GRDI) (NEO: GRDI), an American infrastructure company that operates vertically integrated bitcoin mining facilities leveraging low-cost, low-carbon energy, announced that the company will begin trading its common stock and warrants on Nasdaq Global Market (“Nasdaq”) today.
  • The company’s common stock will trade under the ticker symbol “GRDI,” and the warrants will trade under the ticker symbol “GRDIW”.
  • GRIID has built long-term power relationships securing affordable, reliable, environmentally responsible power, enabling a vertically integrated self-mining business model with significant growth opportunity.
  • “Today marks a significant milestone for GRIID as we begin to trade in the U.S. market,” said Trey Kelly, CEO of GRIID.

Abaxx Exchange and Clearing Joins Futures Industry Association

Retrieved on: 
Monday, January 29, 2024
Futures Industry Association, Risk management, Podcast, NEO, FIA

TORONTO, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (NEO:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, producer of the SmarterMarkets™ Podcast, and indirect majority shareholder of Abaxx Singapore Pte Ltd. (“Abaxx Singapore”), the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), announces that Abaxx Singapore Pte.

Key Points: 
  • TORONTO, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (NEO:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, producer of the SmarterMarkets™ Podcast, and indirect majority shareholder of Abaxx Singapore Pte Ltd. (“Abaxx Singapore”), the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), announces that Abaxx Singapore Pte.
  • Ltd has been approved for membership into the Futures Industry Association (FIA).
  • “Joining the FIA marks an important step in our timeline toward the launch of the Abaxx Exchange and Clearinghouse,” said Abaxx Exchange Chief Commercial Officer, Joe Raia.
  • As a member of the FIA, Abaxx Exchange and Clearing looks forward to advocating for smarter markets and better energy transition products.”

Mount Logan Capital Inc. Announces Continued Partnership with Specialized Credit Manager. Separately Announces Closing of Debenture Units Offering

Retrieved on: 
Monday, January 29, 2024
Philosophy, MLC, Finance Secretary (India), Corporation, Partnership, Insurance, Warrant, Risk, Investment, Acquisition, Offering, CI Financial, NEO, Growth, Security (finance)

Separately, Mount Logan today announced the closing of an opportunistic $18.8 million privately placed debenture units offering through the issuance of 18,752 debenture units (“Debenture Units”) on a non-brokered private placement basis (the “Offering”).

Key Points: 
  • Separately, Mount Logan today announced the closing of an opportunistic $18.8 million privately placed debenture units offering through the issuance of 18,752 debenture units (“Debenture Units”) on a non-brokered private placement basis (the “Offering”).
  • Since Mount Logan’s investment, Marret and Mount Logan have each benefited from access to broader credit investing skillsets.
  • Ted Goldthorpe, Chief Executive Officer and Chairman of Mount Logan, said, “A lot of strong momentum to start 2024 for Mount Logan.
  • Mount Logan shares our philosophy of delivering strong risk adjusted returns, and this partnership can create tremendous value for our clients.

Interfield Global Software Inc. Enters Into Non-Binding Memorandum of Understanding With JRL Energy Inc.

Retrieved on: 
Thursday, January 18, 2024
Transaction, Partnership, Documentation, WIRE, ESG, Coal, Sale, NEO, NEWS, NOT

VANCOUVER, British Columbia, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Interfield Global Software Inc. (NEO: IFSS) (the “Company”) announces that it has entered into a non-binding memorandum of understanding dated January 17, 2024 with JRL Energy Inc. (“JRL”), a major US energy company, for a strategic partnership to develop a digital platform for reporting operational data, environmental, social and governance ("ESG") reporting, energy transition reporting, and inventory management with respect to JRL’s coal production operations (the “Transaction”).

Key Points: 
  • NOT FOR DISTRIBUTION TO THE UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
  • ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW
    VANCOUVER, British Columbia, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Interfield Global Software Inc. (NEO: IFSS) (the “Company”) announces that it has entered into a non-binding memorandum of understanding dated January 17, 2024 with JRL Energy Inc. (“JRL”), a major US energy company, for a strategic partnership to develop a digital platform for reporting operational data, environmental, social and governance ("ESG") reporting, energy transition reporting, and inventory management with respect to JRL’s coal production operations (the “Transaction”).
  • Completion of the Transaction is subject to the negotiation and execution of definitive documentation regarding licensing of the Company’s proprietary intellectual property and funding of the Transaction, as well as receipt of all regulatory approvals, including the approval of the NEO Exchange Inc., if applicable.
  • This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities of the Company, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

The Cannabist Company Announces Debt Repurchase Agreement to Reduce Leverage by up to $25 Million

Retrieved on: 
Monday, January 22, 2024
Natural Resources, Alternative Medicine, Other Retail, Health, Tobacco, Specialty, Cannabis, Retail, Agreement, Convertible, Repurchase agreement, Indian stock exchange, Exchange, NEO, CAD, Note, Security (finance)

“We are pleased to have reached agreement on the previously announced transaction to reduce leverage and decrease interest expense, maintaining momentum for our balance sheet improvement plan.

Key Points: 
  • “We are pleased to have reached agreement on the previously announced transaction to reduce leverage and decrease interest expense, maintaining momentum for our balance sheet improvement plan.
  • We are grateful for the constructive relationship with our investors that enabled this transaction to come to fruition and look forward to delivering on additional initiatives in the months ahead,” said David Hart, CEO of The Cannabist Company.
  • In connection with the Repurchase, the Company obtained waivers from holders of, in the aggregate, US$34.5 million principal amount of 2025 Convertible Notes confirming that they did not object to the Company completing the Repurchase and confirming that they had no intention of participating in a Repurchase of their 2025 Convertible Notes on similar terms.
  • In connection with the Repurchase, ATB Capital Markets acted as exclusive financial advisor to the Company and to the Company’s special committee.

The Cannabist Company Teams up with Revelry to Bring the West Coast Lifestyle Cannabis and Retail Leader to the East Coast

Retrieved on: 
Thursday, January 18, 2024
Retail, Cannabis, Other Travel, Travel, Sports, Other Retail, Agriculture, Tobacco, Natural Resources, Outdoors, Specialty, Alternative Medicine, Lifestyle, Consumer, Health, Seed, Partnership, NEO

Revelry’s cannabis products are currently only available in California, and this collaboration will be the first to introduce its flower brand to any East Coast market.

Key Points: 
  • Revelry’s cannabis products are currently only available in California, and this collaboration will be the first to introduce its flower brand to any East Coast market.
  • The durable and functional designs of their products make the gear a customer favorite in our Cannabist locations throughout the country,” said Jesse Channon, President, The Cannabist Company.
  • Revelry will be supplying The Cannabist Company with exclusive, customized accessory products for its brands including Seed & Strain.
  • We know our products will be in good hands and can’t wait to embark on this exciting new journey.”

How Psychedelic-Based Therapeutics Are Advancing in Treating Generalized Anxiety Disorder (GAD) Condition

Retrieved on: 
Wednesday, January 24, 2024
Teaching hospital, Research, Anxiety, Life, Benzodiazepine, MADRS, MindMed, NEO, Diagnosis, Depression, Growth, Therapy, Disorder, Psilocybin, Hackensack Meridian Health, Safety, DSM-IV codes, Phase, PALM, GAD, Buspirone, Mental health, PD, University Hospital of Basel, Quality of life, Call-progress tone, CMPS, Patient, Generalized anxiety disorder, Food, HMH, FDA, EU4, Anticonvulsant, DMT, News, Pharmaceutical industry

PALM BEACH, Fla., Jan. 24, 2024 /PRNewswire/ -- The coming years could see a massive shift in the U.S. government's approach to regulating hallucinogenic drugs. Several biopharma companies are developing psychedelics-based treatments for various mental health conditions like Generalized Anxiety Disorder (GAD). GAD is a prevalent mental health condition characterized by excessive and persistent worry, often extending beyond specific triggers. Individuals with GAD experience heightened levels of anxiety, anticipating future events and exhibiting physical symptoms such as muscle tension and restlessness. The disorder significantly impairs daily functioning and quality of life. A report from Delveinsight said that the total market size of the Generalized Anxiety Disorder (GAD) treatment market is anticipated to experience growth during the forecast period (2032) due to the emergence of new and effective treatments, especially numerous trials developing new and innovative next-generation psychedelic treatment options. The report added: "The diagnosis of Generalized Anxiety Disorder (GAD) involves a comprehensive assessment of an individual's mental health, considering the presence of excessive and uncontrollable worry across various aspects of life for a minimum of six months. Clinicians utilize standardized psychiatric interviews and validated screening tools to evaluate the severity of anxiety symptoms, along with a thorough exploration of associated physical and psychological manifestations. Differential diagnosis is crucial to rule out other psychiatric conditions, medical disorders, or substance-related issues that may mimic GAD symptoms. The diagnostic process also entails considering the impact of anxiety on daily functioning and its persistence in the absence of identifiable stressors. A multidimensional approach aids in ensuring an accurate diagnosis and facilitates the development of an effective treatment plan tailored to the individual's needs." Active Companies active today in markets include: Cybin Inc. (NYSE: CYBN) (NEO: CYBN), COMPASS Pathways plc (NASDAQ: CMPS), Mind Medicine (MindMed) Inc. (NASDAQ: MNMD) (NEO: MMED), Seelos Therapeutics, Inc. (NASDAQ: SEEL), atai Life Sciences (NASDAQ: ATAI).

Key Points: 
  • Several biopharma companies are developing psychedelics-based treatments for various mental health conditions like Generalized Anxiety Disorder (GAD).
  • It continued: "DelveInsight's analyst projects that among the total diagnosed prevalent cases of Generalized Anxiety Disorder (GAD) in 7MM approximately 53% of cases were from the US.
  • The Generalized Anxiety Disorder (GAD) market is projected to witness consistent growth throughout the forecast period (2023–2032).
  • The market size of Generalized Anxiety Disorder (GAD) in the 7MM is expected to increase, driven by better diagnosis and the launch of emerging therapies."