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MissionIRNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Announces Participation in H.C. Wainwright Mining Conference, Featured in Streetwise Reports Article

Uranium Energy (NYSE American: UEC) has announced that it will be a featured presenting company at the upcoming H.C. Wainwright Spring Mining Conference, slated for April 19–20, 2021. UEC CEO Amir Adnani will present at the virtual event. His live presentation is scheduled for Monday, April 19, at 10 a.m. ET. Adnani will also be available to participate in one-on-one meetings with investors attending the conference. An archived presentation will be available on EUC’s website for 90 days after the conference. In addition, Adnani talks about the company’s business play and objectives in a recent Streetwise Reports article, noting that selling uranium is only one piece of UEC’s business model. The article noted that UEC has purchase contracts for more than 2 million pounds of uranium at a volume-weighted average price of ~$30 per pound. In addition, the company recently closed on a public offering, resulting in $12 million. Those funds, along with the monies resulting from a delivery of contracted drummed uranium, have helped UEC amass more than $110 million of cash, equity and inventory holdings, the company noted. That along with the fact the company has seen strong investor interest, put the company in a strong financial situation. Adnani noted that the company was using part of the funds to execute a physical uranium strategy with drummed uranium purchases at market prices that are below most producers cost of production. That strategic plan will help the company achieve three key objectives: strengthen its balance sheet, provide strategic inventory to support future marketing efforts, and increase the availability of the company’s Texas and Wyoming production capacity to pursue specific opportunities for uranium of U.S. origin. “UEC is ideally positioned to be the leading supplier of American mined uranium for the domestic utilities and the U.S. government,” said UEC CEO Amir Adnani in the article. “We control the largest resource base of fully permitted ISR projects in Texas and Wyoming of any U.S. based producer, ideally positioned to lead the resurgence in domestic uranium mining. We are investing to build the next generation of low-cost and environmentally friendly uranium projects that will be competitive on a global basis.”

To register for the conference, visit https://ibn.fm/5LFdF

To view the full press release, visit https://ibn.fm/W3Rtj

About Uranium Energy Corp.

Uranium Energy is a U.S.-based uranium mining and exploration company. In South Texas, the company’s hub-and-spoke operations are anchored by the fully licensed Hobson Processing Facility, which is central to the Palangana, Burke Hollow and Goliad ISR projects. In Wyoming, UEC controls the Reno Creek project, which is the largest permitted, pre-construction ISR uranium project in the U.S. Additionally, the company controls a pipeline of uranium projects in Arizona, New Mexico and Paraguay, a uranium/vanadium project in Colorado and a large, high-grade ferro-titanium project in Paraguay. The company’s operations are managed by professionals with a recognized profile for excellence in their industry, a profile based on many decades of hands-on experience in the key facets of uranium exploration, development and mining. For more information about the company, please visit www.UraniumEnergy.com.

NOTE TO INVESTORS: The latest news and updates relating to UEC are available in the company’s newsroom at https://ibn.fm/UEC

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
Editor@MissionIR.com

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in Uranium Energy Corp. UEC | Leave a comment

MissionIRNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Issues Operational Update

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition, has provided a comprehensive operational update. Among the many highlights, the company announced that it ranks as second in the U.S. for CBD brand awareness according to the Brightfield Group and that, according to SPINS, Probulin Probiotics finished 2020 as the fastest-growing probiotic brand out of the top 10 in the U.S. “The company has built a strong foundation throughout a challenging 2020. After the completion of a successful IPO, the company remains focused on executing its five-channel strategy driving significant revenue growth across domestic and international markets in 2021 and beyond,” the update reads. “We remain hyper focused on the long game. The future is bright.”

To view the full press release, visit https://ibn.fm/CF6Xk

About HempFusion Wellness Inc.

HempFusion is a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition. HempFusion distributes its family of brands, including HempFusion, Probulin Probiotics, Biome Research, and HF Labs, to approximately 4,000 retail locations across all 50 states of the United States and select international locations. Built on a foundation of regulatory compliance and human safety, HempFusion’s diverse product portfolio comprises 48 SKUs including tinctures, proprietary FDA drug listed over-the-counter (“OTC”) topicals, doctor/practitioner lines and more. With a strong focus on research and development, HempFusion has an additional 30 products under development. HempFusion is a board member of the U.S. Hemp Roundtable, and HempFusion’s wholly-owned subsidiary, Probulin Probiotics, is one of the fastest-growing probiotics companies in the United States, according to SPINs reported data. HempFusion’s CBD products are based on a proprietary Whole Food Hemp Complex(TM) and are available in-store or by visiting HempFusion online at www.Hempfusion.com or www.Probulin.com.

NOTE TO INVESTORS: The latest news and updates relating to HempFusion are available in the company’s newsroom at https://ibn.fm/HempFusion  

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
Editor@MissionIR.com

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in HempFusion Wellness Inc. CBDHF | Leave a comment

MissionIRNewsBreaks – AzurRx BioPharma Inc. (NASDAQ: AZRX) Enters Agreement for Upcoming Phase 1b/2a Clinical Trial

AzurRx BioPharma (NASDAQ: AZRX), a clinical stage biopharmaceutical company specializing in the development of targeted, nonsystemic therapies for gastrointestinal (“GI”) diseases, has entered into an agreement with PPD Inc. (NASDAQ: PPD) for its upcoming phase 1b/2a clinical trial. PPD, a leading global contract research organization will manage the clinical trial using both oral immediate-release tablet and topical rectal enema foam formulations of micronized oral niclosamide, or FW-420 (“CRO”). The trial is designed to evaluate proprietary formulations of micronized niclosamide for grade 1 colitis and diarrhea in oncology patients receiving treatment with immune checkpoint inhibitors (“ICIs”). This is the second clinical trial involving niclosamide that the CRO will manage for AzurRx. As previously announced, PPD is also managing AzurRx’s phase 2 clinical trial to investigate niclosamide as a treatment for COVID-19-related gastrointestinal infections; that trial is planned for Q2 2021. “The goal of our FW-420 clinical program is to develop a safe, effective, and non-systemic treatment for immune checkpoint inhibitor-associated colitis, and we are excited to once again partner with PPD to begin the preparations for our Phase 1b/2a clinical trial,” said AzurRx BioPharma president and CEO James Sapirstein in the press release. “The development of immune checkpoint inhibitors has marked a major advance in cancer therapeutics, but the drugs can induce a serious inflammation of the bowels, which if left unchecked, can prove life-threatening and force patients to halt treatment. There are currently no treatments available for grade 1 colitis resulting from the use of ICIs. We believe an oral, non-absorbed treatment, such as FW-420, could prevent the condition from progressing and enable patients to continue their treatment regimen uninterrupted. We hope to rapidly advance the FW-420 program with the support of PPD.”

To view the full press release, visit https://ibn.fm/8Jxtn

About AzurRx BioPharma Inc.

AzurRx BioPharma is a clinical-stage biopharmaceutical company specializing in the development of targeted, nonsystemic therapies for gastrointestinal (“GI”) diseases. The company has a pipeline of three gut-restricted GI assets. The first is MS1819, a recombinant lipase biologic for the treatment of exocrine pancreatic insufficiency (“EPI”) in patients with cystic fibrosis and chronic pancreatitis, with two ongoing phase 2 clinical trials. The other two are clinical-stage therapies using proprietary formulations of niclosamide, a pro-inflammatory pathway inhibitor: FW-420, for the treatment of grade 1 immune checkpoint inhibitor associated colitis (“ICI-AC”) and diarrhea in oncology patients, and FW-1022, for the treatment of COVID-19 gastrointestinal infections. The company is headquartered in Delray Beach, Florida, with clinical operations in Hayward, California. For more information, visit the company’s website at www.AzurRx.com.

NOTE TO INVESTORS: The latest news and updates relating to AZRX are available in the company’s newsroom at https://ibn.fm/AZRX

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
Editor@MissionIR.com

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in AzurRx BioPharma Inc. AZRX | Leave a comment

MissionIRNewsBreaks – Why FingerMotion Inc. (FNGR) Is ‘One to Watch’

FingerMotion (OTCQX: FNGR), a technology company with core competencies in mobile payment and recharge platform solutions in China, is focused on developing additional value-added technologies to market to a growing user base. Founded in 2016, the company’s goal is to serve over a billion users in China and expand its model to other regional markets. The company has offices in Hong Kong, Shanghai and New York City. “FingerMotion is analyzing and transforming mobile data to improve the lifestyle of the public through technology and innovation,” reads a recent article regarding the company. FingerMotion’s current offerings include telecommunications products and services, SMS and MMS services, big data insights, and rich communication services (“RCS”).

To view the full article, visit https://ibn.fm/nt0HG

About FingerMotion Inc.

FingerMotion is an evolving technology company with core competencies in mobile payment and recharge platform solutions in China. It is one of only a few companies in China with access to wholesale rechargeable minutes from the country’s largest mobile phone providers that can be resold to consumers. As the user base of its primary business continues to grow, the company is developing additional value-added technologies to market to its users. FingerMotion’s vision is to rapidly grow the user base through organic means and have this growth develop into an ecosystem of users with high-engagement rates utilizing its innovative applications. Developing a highly engaged ecosystem of users would strategically position the company to onboard larger customer bases. FingerMotion eventually hopes to serve over a billion users in China and eventually expand the model to other regional markets. For more information about the company, visit www.FingerMotion.com.

NOTE TO INVESTORS: The latest news and updates relating to FNGR are available in the company’s newsroom at https://ibn.fm/FNGR

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
Editor@MissionIR.com

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in FingerMotion Inc. FNGR, MissionIRNewsBreaks | Leave a comment

FingerMotion Inc. (FNGR) Reports Ongoing Revenue Records and Efforts to Build Mobile Services in China

  • U.S.-based FingerMotion is a communications insurtech services company experiencing steady growth as it rolls out novel mobile solutions for its China-centric clients
  • FingerMotion reported record revenues of $4.88 million for Q3 and nine months’ revenues of $11.25 million, with year-end reporting expected by the end of May
  • The company is rapidly building a highly engaged user base for its texting and e-commerce solutions, aiming to use its success to launch into even larger user bases
  • FingerMotion’s Sapientus division has developed a powerful predictive database for consumer profiles that the company is using to attract B2B clients

Evolving communications and insurance tech company FingerMotion (OTCQX: FNGR) is pursuing the enormous, rapidly growing market for smart solutions in China. FingerMotion is a U.S-based company building on its mobile payment and mobile phone recharge platform IP for the international market, with a vision of acquiring service for more than a billion customers in China.

CEO Martin Shen provided an update on the company’s activities last month following the year-end close of the company’s fiscal cycle in February, noting that every quarter up through Q3 in November reported record revenues.

“Based on our results from the nine months ended Nov. 30, we are on pace to surpass $16 million in revenue for the fiscal year ended Feb. 28, 2021,” Shen said in the video update (https://ibn.fm/psNn5). “It is a testament to our team’s hard work that we have been able to reach such significant heights.”

Working with three major platform partners — Alibaba’s (NYSE: BABA) TMALL sites, PinDuoDuo (NYSE: PDD) and JD.com (NASDAQ: JD) — FingerMotion is working through China Unicom’s (NYSE: CHU) e-commerce portals to quickly build a large number of users comprising a highly engaged ecosystem that will help position the company strategically to onboard larger customer bases for its innovative applications with a minimum of capital resources.

“And as we also manage all three major telecom portals, we have the potential unfettered access to as many as 1.6 billion users. In comparison to the other e-commerce companies who devote a significant portion of their annual budget just to keep their user base engaged, our competitive advantage is that it is not our obligation to maintain the user base. Our job is to monetize it,” Shen said.

The company’s offerings are divided between telecommunications products and services, short message service (“SMS”) and multimedia messaging service (“MMS”) texting applications, big data insights and rich communication services (“RCS”).

FingerMotion’s big data analytics service operating through its Sapientus database led to an agreement with Pacific Life Re-insurance that will help Pacific Life enhance its insurance solutions and develop predictive information regarding its clients.

“We look to build strong forays into the insurtech space,” Shen said. “We believe other re-insurance companies will look to develop a similar model with us. By remaining non-exclusive and offering similar services to other companies in other insurance sectors we believe we have the potential to be the most disruptive technology in insurance today.”

The database could eventually lead FingerMotion to provide predictive services for other market sectors such as health care, financial services and consumer e-commerce applications.

China constitutes the largest e-commerce market with the largest mobile device user base in the world but Shen noted that once the company’s services are developed, it expects to expand its reach outside China as well.

Shen said the company expects to file its annual 10K report by the end of May.

For more information, visit the company’s website at www.FingerMotion.com.

NOTE TO INVESTORS: The latest news and updates relating to FNGR are available in the company’s newsroom at https://ibn.fm/FNGR

About MissionIR

MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

For more information, visit www.MissionIR.com

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
Editor@MissionIR.com

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in FingerMotion Inc. FNGR | Leave a comment

Nextech AR Solutions Corp. (CSE: NTAR) (OTCQB: NEXCF) Delivers AR Business Solutions with New Self-directed Event Focus

  • Nextech AR Solutions anticipates that livestreaming will continue to be a popular B2B tool and means of marketing products in a post-COVID economy
  • Nextech is rolling out tech solutions that show the potential of augmented reality (“AR”) to become the logical evolution of livestreaming events
  • The company’s platform includes an app that allows users to receive 3D holographic projections of people and products within their own home or office environment
  • CEO Evan Gappelberg recently conducted the company’s first “Air Side Chat” to discuss use case experiences and the potential of the new self-directed LiveX platform that lets clients design their AR livestream events themselves

The visionaries at augmented reality pioneer Nextech AR Solutions (CSE: NTAR) (OTCQB: NEXCF) are building a future in which advertisers and event organizers will be able to reach their target audience through virtual experiences that are tailor-made to the audience’s interests.

Nextech’s most notable advance, perhaps, is its new holographic platform that appears to “beam” a presenter or displays on the presenter’s device into the audience’s environment as a 3D holographic display.

At the moment the platform uses ordinary computer display technology without relying on headsets the end user has to wear in order to experience the effect.

“Life is complicated. Technology makes life simpler,” Nextech CEO Evan Gappelberg said as he introduced his first “Air Side Chat” on April 6, an updated demonstration of the company’s AiR Show app human hologram livestream launched last month in which Gappelberg discussed product use cases via an iPhone 12 Pro mounted on a tripod, with some lights and a green screen, to create a holographic effect (https://ibn.fm/N29Ou).

Detailing the normal process for pitching a new product to a customer, Gappelberg described catching a plane and then a ride-share service in a six-hour trip under COVID protocols with a hotel stay for the night.

“Or just livestream. I could livestream in as an AR hologram using Nextech’s technology,” Gappelberg said in a recording of the Air Side Chat, in which he appeared to be standing in an app user’s living room as the camera moved around (https://ibn.fm/tIyPD). “When I think about what we’re doing today with technology, I try and put it into some kind of context, and so I think about newspapers, which was the mass medium for communication for a long time, the telephone, radio, TV. … Livestreaming now is a big deal. AR livestreaming is the natural progression of live-streaming.”

Gappelberg introduced the company’s latest digital experience platform (“DXP”), an events product called LiveX that combines the company’s AR livestreaming solutions with a new self-directed accessibility that clients can use to fashion their events as they wish.

“You don’t need us to build the event for you. You could do it yourself. … That’s something brand new that we did not offer before. What we offered before was a white glove service,” Gappelberg said. “We still have that option. And we still see that as a big part of our business going forward. But there’s another part of the business which is self-serve that we now service.”

Gappelberg described the company’s current industry targets as analysts, technology, medical, higher education, retail, e-commerce, finance, and trade shows and conferences. Retailers could demonstrate products through a 3D holographic presentation using the company’s ARitize360 AR platform, or restaurants could use the solution to show food being made as a means to help draw in customers, he said.

When Canadian trade shows used the company’s AR to enhance the remote access experience during the past year as the pandemic shut down in-person gatherings, “They told us that they had a 200 percent increase in engagement because of these technologies that we supplied them with. They told us that attendance was driven through the immersive use of AR — and not free attendance but paid attendance,” Gappelberg said.

The company expects to continue developing the platform with artificial intelligence (“AI”) features that will eliminate the need to rely on green screens and maintain interest in using Nextech’s solutions in the coming post-COVID economy

For more information, visit the company’s website at www.NextechAR.com.

NOTE TO INVESTORS: The latest news and updates relating to NEXCF are available in the company’s newsroom at https://ibn.fm/NEXCF

About MissionIR

MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

For more information, visit www.MissionIR.com

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
Editor@MissionIR.com

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in Nextech AR Solutions Corp. NEXCF | Leave a comment

MissionIRNewsBreaks – Clean Power Capital Corp. (CSE: MOVE) (OTC: MOTNF) (FWB: 2K6A) Featured in Bell2Bell Podcast

Clean Power (CSE: MOVE) (OTC: MOTNF) (FWB: 2K6A), a company that specializes in investing into private and public companies opportunistically that may be engaged in a variety of industries, was featured in The Bell2Bell Podcast, a part of InvestorBrandNetwork’s (“IBN”) sustained effort to provide specialized content distribution via widespread syndication channels. Clean Power’s CEO, Raghu Kilambi, joined the latest episode to discuss the company and its business of investing in hydrogen-powered-vehicle fueling infrastructure. “Clean Power Capital Corp.’s first major investment is in PowerTap Hydrogen Fueling Corp., a U.S. company focused on deploying hydrogen fueling infrastructure, first across the United States,” Kilambi said. “PowerTap is a technology that was developed over 20 years by the U.S. Department of Energy, big oil companies and Renault, the automaker. We acquired this technology last year. It’s unique because it allows the generation of hydrogen onsite, at an individual fueling station. Most all hydrogen fueling stations out there right now, and there are very few, the hydrogen is generated offsite and shipped in on trucks. That’s a very expensive process.”

To view the full press release, visit https://ibn.fm/ASAmj

About Clean Power Capital Corp.

Clean Power specializes in investing into private and public companies opportunistically that may be engaged in a variety of industries, with a current focus in the health and renewable energy industries. In particular, the mandate is focused on high return investment opportunities, the ability to achieve a reasonable rate of capital appreciation and to seek liquidity in the company’s investments. A copy of Clean Power’s amended and restated investment policy may be found under the company’s profile at www.SEDAR.com. For more information, visit the company’s website at www.CleanPower.capital.

NOTE TO INVESTORS: The latest news and updates relating to MOTNF are available in the company’s newsroom at https://ibn.fm/MOTNF

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
Editor@MissionIR.com

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in Clean Power Capital Corp. MOTNF | Leave a comment

MissionIRNewsBreaks – Nextech AR Solutions Corp. (CSE: NTAR) (NEO: NTAR) (FSE: N29) (OTCQB: NEXCF) Will Be Official Digital Experience Platform for First Hybrid Edition of International Confex

Nextech AR Solutions (CSE: NTAR) (NEO: NTAR) (FSE: N29) (OTCQB: NEXCF) has announced that it is partnering with Mash Media to deliver the first hybrid version of International Confex. Recognized as the United Kingdom’s largest and longest-standing show for event planners, International Confex is slated for June 22–23, 2021, at the ExCel Center in London. The event will be a hybrid blend of in-person and virtual activities. The two-day event, which features an agenda with more than 100 speakers and 60 seminars, is expected to draw more than 8,000 event professionals in person with another 5,000 attending online. Nextech will be an event sponsor and will also demonstrate its industry-leading, experiential engagement technologies including Augmented Reality (“AR”), Ad Network PromoteX and LiveX platform. Using NexTech’s technology, International Confex will streams the program on Nextech’s LiveX Digital Experience Platform (“DXP”), becoming the largest hybrid program for the event industry and expanding its reach and global attendance. Nextech will also enhance in-person and virtual attendee engagement throughout the event with its AR technologies that include holograms, digital-destination portals, 3D models, MapX and Ad Network. “We are excited to showcase our industry leading technologies at International Confex 2021 to build an impactful attendee experience,” said Nextech AR solutions CEO Evan Gappelberg in the press release. “Nextech AR is a tech company that puts AR into everything we do. Event planners, executives and thought leaders will be wowed by our DXP including AR holograms, 3D models, Digital Destination Portals and Ad Network.”

To view the full press release, visit https://ibn.fm/LcWco

About Nextech AR Solutions Corp.

Nextech is one of the leaders in the rapidly growing augmented reality market estimated to grow from $10.7 billion in 2019 and projected to reach $72.7 billion by 2024 according to Markets & Markets Research; it is expected to grow at a CAGR of 46.6% from 2019 to 2024. The company is pursuing four verticals: Virtual Experience Platform (“VXP”), an advanced augmented reality and video learning experience platform for events; ARitize(TM) for eCommerce; ARitize 3D/AR advertising platform, the industry’s first end-to-end solution whereby the company will leverage its 3D asset creation into 3D/AR ads; and ARitize Hollywood Studios, a project that produces immersive content using 360 video and augmented reality as the primary display platform. For more information about the company, please visit www.NextechAR.com.    

NOTE TO INVESTORS: The latest news and updates relating to NEXCF are available in the company’s newsroom at https://ibn.fm/NEXCF

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
Editor@MissionIR.com

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in Nextech AR Solutions Corp. NEXCF | Leave a comment

Uranium Energy Corp. (NYSE American: UEC) Focused Strategy Means Price Target Increase, Stronger Position in Growing Sector

  • H.C. Wainwright and Co. increase price target, reiterate buy rating for UEC
  • Key moves by company lead to stronger position
  • UEC investing to build next generation of low-cost and environmentally friendly uranium projects that will be competitive on global basis, says CEO

Recent action taken by Uranium Energy (NYSE American: UEC), a U.S.-based uranium mining and exploration company that controls one of the country’s largest historical uranium exploration and development databases, has prompted H.C. Wainwright and Co. to increase its price target for the company and reiterate its buy rating (https://ibn.fm/6wWpO). In its updated report, Wainwright specifically cited three main factors for the increase in price: UEC’s decision to obtain financing to support physical uranium purchases, the establishment of a physical uranium inventory initiative and the restart of wellfield development and definition drilling at the company’s Burke Hollow project.

“On March 22, Uranium Energy Corp. (‘UEC’) announced that it had closed an offering for total gross proceeds of $30.5M after issuing 10.0M common shares at a price of $3.05 per share,” the report stated. “These funds are expected to be used for additional uranium purchases, as well as general corporate and working capital requirements. . . . We highlight that UEC’s physical uranium initiative, which we discuss in more detail below, is fully funded with its current cash position, and now includes 1.4M pounds (lbs) of U.S. warehoused uranium.

“While the company remains focused on developing its low-cost, in-situ recovery (‘ISR’) mining capabilities, management has identified a unique opportunity to purchase drummed uranium at spot prices well below global industry mining costs,” the report continues. “As a result, UEC is establishing a physical uranium inventory initiative based on an initial agreement with ConverDyn in Illinois to acquire 0.4Mlbs of U.S. warehoused uranium for a total cost of $10.9M. . . . Management anticipates that this initiative can improve its balance sheet through uranium price appreciation and support future marketing efforts with utilities to accelerate cash flows. Looking ahead, this move should also increase the availability of Texas and Wyoming production capacity for emerging U.S. specific opportunities such as the U.S. Uranium Reserve (‘UR’).”

Finally, the H.S. Wainwright report stated that “on January 26, UEC announced that the company had commenced production area development at its Burke Hollow ISR project in Texas. We note that advancing and expanding resources is a critical step to supporting the company’s plan to participate in supplying the U.S. UR. The UR includes purchases of newly mined domestic uranium over a 10-year period for an aggregate value of $1.5B. Additionally, the FY21 bipartisan omnibus spending bill currently includes $75M for domestically produced uranium. We highlight that the U.S. Department of Energy is currently developing a plan to implement this program, which UEC expects to be a competitive bid process focused on existing fully permitted and low-cost projects.”

As a result of these key factors, H.C. Wainwright and Co. reiterated its buy rating on EUC shares while raising its price target to $5 from $3.60, a move worth noting by one of the country’s oldest and most-trusted financial institutions.

UEC is focused on establishing a stronghold in the growing U.S.-based uranium space. “With $65.8 million in cash and equity holdings, UEC has the balance sheet strength to lead U.S. uranium production higher at the most critical time for the domestic industry since the inception of the civilian nuclear power program began in the 1950s,” said UEC CEO and president Amir Adnani (https://ibn.fm/f3N4T). “As a leading pure-play American uranium company, UEC is investing to build the next generation of low-cost and environmentally friendly uranium projects that will be competitive on a global basis.”

Uranium Energy Corp. is a U.S.-based uranium mining and exploration company that controls one of the country’s largest historical uranium exploration and development databases. Founded in 2003, UEC is headquartered in Corpus Christi, Texas. Properties acquired by the company are primarily located within the United States, including Texas, New Mexico, Colorado, Arizona and Wyoming. In addition, the company is aggressively pursuing other key developmental targets. UEC is poised to be a next-generation uranium producer and is committed to providing low-cost, low-capital fuel for the country’s large electricity-generating nuclear fleet. 

For more information, visit the company’s website at www.UraniumEnergy.com.

NOTE TO INVESTORS: The latest news and updates relating to UEC are available in the company’s newsroom at https://ibn.fm/UEC

About MissionIR

MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

For more information, visit www.MissionIR.com

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
Editor@MissionIR.com

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

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MissionIRNewsBreaks – PlantX Life Inc. (CSE: VEGA) (OTCQB: PLTXF) (Frankfurt: WNT1) Announces Strategic Appointment of the ‘Godfather of Vegan Cuisine’ and Intended Acquisition

PlantX Life Inc. (CSE: VEGA) (OTCQB: PLTXF) (Frankfurt: WNT1) today announced its appointment of Matthew Kenney, a leading plant-based chef, as its new chief culinary officer. Kenney will leverage his business acumen and vision for plant-based cuisine to revolutionize the culinary development at PlantX. His leadership role with PlantX will be facilitated through a new five-year partnership with MK Cuisine Global LLC (“MKC”), Kenney’s plant-based lifestyle brand. In addition, as detailed in the update, the company has entered into a non-binding letter of intent (“LOI”), dated April 12, 2021, pursuant to which PlantX proposes to acquire all of the outstanding limited liability membership interests of MKC’s Plant-Based Deli LLC (“New Deli”). “We are honored and humbled to have the godfather of vegan cuisine lead an important growth segment of PlantX,” said PlantX Founder, Sean Dollinger. “Matthew will provide invaluable wisdom that should give PlantX a competitive edge in the fast-growing plant-based space.” PlantX hosted a press conference at 10:30 a.m. ET today to discuss this collaboration, which is available for viewing at https://ibn.fm/vJJRI.

To view the full press release, visit https://ibn.fm/plKCv

About PlantX Life Inc.

As the digital face of the plant-based community, PlantX’s platform is the one-stop shop for everything plant-based. With its fast-growing category verticals, the company offers customers across North America more than 10,000 plant-based products. In addition to offering meal and indoor plant deliveries, the company currently has plans underway to expand its product lines to include cosmetics, clothing and its own water brand — but the business is not limited to an e-commerce platform. The company uses its digital platform to build a community of like-minded consumers and, most importantly, provide education. Its successful enterprise is being built and fortified on partnerships with top nutritionists, chefs and brands. The company eliminates the barriers to entry for anyone interested in living a plant-based lifestyle and thriving in a longer, healthier and happier life. For more information, visit the company’s website at www.Investor.PlantX.com.

NOTE TO INVESTORS: The latest news and updates relating to PLTXF are available in the company’s newsroom at https://ibn.fm/PLTXF

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
Editor@MissionIR.com

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in PlantX Life Inc. PLTXF | Leave a comment