OTCQB

The Coretec Group and Core Optics LLC Announce They Have Entered into a Definitive Share Exchange Agreement

Retrieved on: 
Wednesday, March 6, 2024

ANN ARBOR, Mich., March 06, 2024 (GLOBE NEWSWIRE) -- The Coretec Group, Inc. (OTCQB: CRTG) (the “Company”), developer of silicon anode active materials for lithium-ion batteries, and cyclohexasilane (CHS) for EV, cleantech, and 3D display technology, and Core Optics, LLC (“Core Optics”) announced today that they have entered into a definitive share exchange agreement pursuant to which, on the closing date, the Company is expected to acquire 100% of the membership interests of Core Optics, LLC and its subsidiaries which hold all its tangible assets and intellectual property across all its technologies and industry verticals. Subsequent to the closing of the transaction, the combined company will continue to operate under the name The Coretec Group, Inc. and trade under the ticker symbol CRTG, before pursuing uplisting to a senior exchange when it believes the combined company can satisfy initial listing requirements. The Closing of the transaction is subject to customary closing conditions.

Key Points: 
  • Core Optics specializes in the design and fabrication of cutting-edge inspection and assembly machinery for the CCM industry.
  • Core Optics has amassed a wealth of expertise and data pertaining to its testing algorithms, including the rights to over 30+ patents.
  • Core Optics recently expanded its service scope to encompass the burgeoning Electric Vehicle (EV) market.
  • It represents a significant value proposition for Core Optics’ automotive business, facilitated by the Company’s existing sales channel and customer relationships.

Billion Dollar Uranium Market Growing at a Solid Rate Along With Rising Adoption Strategies

Retrieved on: 
Wednesday, March 6, 2024

A report from Market Reports World said that the global Uranium market size is expected to expand at a CAGR of 3.6% of 3.6% during the forecast period, reaching USD $3.27 Billion by 2027.

Key Points: 
  • A report from Market Reports World said that the global Uranium market size is expected to expand at a CAGR of 3.6% of 3.6% during the forecast period, reaching USD $3.27 Billion by 2027.
  • Another report from 360Research Reports said: “The Global Uranium Mining, market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031.
  • The high adoption of advanced technology and the presence of large players in this region are likely to create ample growth opportunities for the market.
  • Europe also play important roles in global market, with a magnificent growth in CAGR During the Forecast period 2024-2031.

Freddie Mac Announces Tender Offer for Any and All of Certain STACR Notes

Retrieved on: 
Wednesday, March 6, 2024

MCLEAN, Va., March 06, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced that it has commenced a fixed-price cash tender offer (the “Offer”) for the purchase of any and all of the STACR® (Structured Agency Credit Risk) Notes listed in the table below (the “Notes”) beginning Wednesday, March 6, 2024.

Key Points: 
  • MCLEAN, Va., March 06, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced that it has commenced a fixed-price cash tender offer (the “Offer”) for the purchase of any and all of the STACR® (Structured Agency Credit Risk) Notes listed in the table below (the “Notes”) beginning Wednesday, March 6, 2024.
  • Certain of the classes of Notes subject to the Offer were issued by the STACR Trust identified in the table below (each, a “Trust”).
  • Freddie Mac is the holder of the owner certificate issued by each Trust and, as a result, the sole beneficial owner of each Trust.
  • Freddie Mac is offering to purchase any and all of the Notes listed.

Game On! Good Gaming's Galactic Acres™ Secures Primary Sponsorship in NASCAR's 2024 ARCA Menards Race Series to Help Power KLAS Motorsports to Victory Lane

Retrieved on: 
Wednesday, March 6, 2024

Galactic Acres™, the first mobile game release from Good Gaming, represents a groundbreaking fusion of mobile gaming enhanced with Web3 technology.

Key Points: 
  • Galactic Acres™, the first mobile game release from Good Gaming, represents a groundbreaking fusion of mobile gaming enhanced with Web3 technology.
  • With Good Gaming stepping in as the primary sponsor of the #73 KLAS Motorsports car driver, Andy Jankowiak is poised for continued success on the track.
  • Kevin Lapierre, Co-Owner of KLAS Motorsports, commented: "KLAS Motorsports is so excited that Galactic Acres has joined us for the Phoenix race.
  • Scan the following QR code to receive a special reward in Galactic Acres™ that can be utilized to power up your gameplay.

Blüm Subsidiary Unrivaled Files Suit Against Bernard Steimann, Dan Troup, and Troup Construction for Theft

Retrieved on: 
Wednesday, March 6, 2024

The complaint details Unrivaled’s reputational concerns about continuing to be associated with People’s California, LLC (“People’s California”) and its founders reading in part, “Unrivaled management has received inquiries questioning its association with the People’s brand.

Key Points: 
  • The complaint details Unrivaled’s reputational concerns about continuing to be associated with People’s California, LLC (“People’s California”) and its founders reading in part, “Unrivaled management has received inquiries questioning its association with the People’s brand.
  • Unrivaled is aware that People’s California released a social media video depicting People’s California’s founder and majority owner, Bernard Steimann destroying a field of cannabis plants using a People’s-branded off-road truck.
  • New Patriot is an affiliate entity of People’s California originally incorporated by Mr. Steimann and owned at least in part by Jay Yadon.
  • In other matters, Mr. Colby is counsel to Medalist Diversified REIT, Inc.

Medicenna to Provide Clinical Update on the MDNA11 ABILITY-1 Trial at the Upcoming American Association for Cancer Research Annual Meeting

Retrieved on: 
Wednesday, March 6, 2024

TORONTO and HOUSTON, March 06, 2024 (GLOBE NEWSWIRE) -- Medicenna Therapeutics Corp. (“Medicenna” or the “Company”) (TSX: MDNA, OTCQB: MDNAF), a clinical-stage immunotherapy company focused on the development of Superkines, announced today that two posters will be presented at the American Association for Cancer Research Annual Meeting 2024 (AACR 2024), taking place in San Diego, CA from April 5-10, 2024.

Key Points: 
  • TORONTO and HOUSTON, March 06, 2024 (GLOBE NEWSWIRE) -- Medicenna Therapeutics Corp. (“Medicenna” or the “Company”) (TSX: MDNA, OTCQB: MDNAF), a clinical-stage immunotherapy company focused on the development of Superkines, announced today that two posters will be presented at the American Association for Cancer Research Annual Meeting 2024 (AACR 2024), taking place in San Diego, CA from April 5-10, 2024.
  • The Company will present an update from its Phase 1/2 ABILITY-1 Study including anti-tumor activity, safety, pharmacokinetic and pharmacodynamic data following treatment with MDNA11, the only long-acting, ‘beta-enhanced not-alpha’ interleukin-2 (IL-2) super-agonist in clinical development.
  • In addition, pre-clinical data for MDNA113, a novel first-in-class tumor-targeted and tumor-activated bi-functional anti-PD1-IL-2 Superkine, will also be presented at the conference.
  • Details for the abstracts and poster presentations are as follows:
    Title: Results from Monotherapy Dose Escalation of MDNA11, a Long-acting IL-2 Superkine, in a Phase 1/2 Trial Show Evidence of Single-agent Activity in Advanced Solid Tumors
    Following the conclusion of the AACR 2024 Meeting, a copy of the posters will be available on the “ Events and Presentations ” page of Medicenna’s website.

Kraig Biocraft Laboratories Preparing Additional Business Investment License to Advance its Business Operations

Retrieved on: 
Wednesday, March 6, 2024

ANN ARBOR, Mich., March 06, 2024 (GLOBE NEWSWIRE) -- Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) ("Kraig Labs" or "the Company"), announces today that it is preparing a second business investment application in Vietnam as part of the planned expansion of its business operations.

Key Points: 
  • ANN ARBOR, Mich., March 06, 2024 (GLOBE NEWSWIRE) -- Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) ("Kraig Labs" or "the Company"), announces today that it is preparing a second business investment application in Vietnam as part of the planned expansion of its business operations.
  • The Investment License application is part of the creation of a new wholly-owned subsidiary of Kraig Labs, to be named Prodigy Silk.
  • "This business investment in the highlands has been a long-term strategic goal for Kraig Labs," said Founder and CEO, Kim Thompson.
  • To view the most recent news from Kraig Labs and/or to sign up for Company alerts, please go to www.KraigLabs.com/news

Freddie Mac Prices Approximately $618 Million Securitization of Re-Performing Loans

Retrieved on: 
Tuesday, March 5, 2024

Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2024-1 includes approximately $585 million in guaranteed senior certificates and $32 million in non-guaranteed mezzanine and subordinate certificates.

Key Points: 
  • Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2024-1 includes approximately $585 million in guaranteed senior certificates and $32 million in non-guaranteed mezzanine and subordinate certificates.
  • To date, Freddie Mac has sold over $10.2 billion of Non-Performing Loans (NPLs) and securitized approximately $78 billion of RPLs consisting of over $30 billion of fully guaranteed PCs, $35 billion of SCRT senior/sub securities, and $12 billion of Seasoned Loans Structured Transaction (SLST) securities.
  • Additional information about the company's seasoned loan offerings can be found at: http://www.freddiemac.com/seasonedloanofferings/
    This announcement is not an offer to sell any Freddie Mac securities.
  • Freddie Mac undertakes no obligation, and disclaims any duty, to update any of the information in those documents.

Nanophase Announces $6M Financing

Retrieved on: 
Tuesday, March 5, 2024

The structure of the financing was in the form of convertible preferred stock.

Key Points: 
  • The structure of the financing was in the form of convertible preferred stock.
  • Strandler has purchased 15,000 shares of Nanophase Series X preferred shares, each of which will be convertible into 1,000 shares of Nanophase common stock.
  • Pending shareholder approval of additional authorized common shares, and assuming conversion of all preferred shares, this will result in a total of 15,000,000 shares of Nanophase common stock being issued at an equivalent price of $0.40 per share.
  • “Our product suite remains strong, we continue to win innovation awards, and demand for our Solésence products is excellent,” commented Jess Jankowski, President and Chief Executive Officer of Nanophase and Solésence.

A.I.S. Resources Announces a 1-for-10 Reverse Stock Split

Retrieved on: 
Tuesday, March 5, 2024

Resources Limited ( TSX-V: AIS, OTCQB: AISSF, FRA: 5YHA ) (the “Company” or “AIS”) wishes to announce the decision to proceed with a 1-for-10 reverse stock split, also known as a stock consolidation, stock merge, or share rollback, applicable to all issued shares and outstanding warrants and options.

Key Points: 
  • Resources Limited ( TSX-V: AIS, OTCQB: AISSF, FRA: 5YHA ) (the “Company” or “AIS”) wishes to announce the decision to proceed with a 1-for-10 reverse stock split, also known as a stock consolidation, stock merge, or share rollback, applicable to all issued shares and outstanding warrants and options.
  • Effective at the commencement of trading on March 8, 2024 the Company is expected to begin trading on the TSX Venture Exchange on a post-consolidated basis under the stock symbol “AIS”.
  • The Company will not be issuing fractional post-Consolidation common shares to shareholders in connection with the Consolidation.
  • Those holding paper certificates will need to present those to AIS and have a new certificate issued.