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Day: December 24, 2024

NANO Nuclear Energy Enters into Agreement to Acquire Ultra Safe Nuclear Corp.’s Patented Micro Modular Reactor MMR® and Pylon Space Reactors for $8.5 Million along with Worldwide Demonstration Partnerships

Nuclear Energy Inc.Renditions of NANO Nuclear Energy’s newly acquired technologiesNANO Nuclear acquires Micro Modular Reactor (MMR®) and Pylon technologies, including all associated patents, through a Chapter 11 bankruptcy auction New York, N.Y., Dec. 24, 2024 (GLOBE NEWSWIRE) — NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company focused on developing portable, clean energy solutions, today announced that it has executed a definitive agreement to acquire select nuclear energy technology assets from Ultra Safe Nuclear Corporation and certain of its subsidiaries (collectively, “USNC”). The acquired assets include USNC’s patented Micro Modular Reactor (MMR®) system, along with all associated patents and other intellectual property rights, as...

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Jet.AI Launches “Ava” Agentic AI Model for Private Jet Booking

Text or Call “Ava” at +1-888-492-4538 LAS VEGAS, Dec. 24, 2024 (GLOBE NEWSWIRE) — Jet.AI Inc. (“Jet.AI” or the “Company”) (NASDAQ: JTAI), an innovative private aviation and artificial intelligence company, announced the launch of its cutting-edge agentic AI model, “Ava,” who books private jets. Customers can now conveniently book private jets by calling or texting +1-888-492-4538, where the AI provides real-time aircraft availability, transparent pricing, and expert guidance to help users select the perfect jet for their journey. For those who prefer texting, Ava enables full conversational experience via SMS, responding to inquiries, sharing details, and providing a direct link to the CharterGPT app for seamless trip management. The AI ensures every customer receives a personalized and efficient experience,...

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Vemanti Group Shifts Focus Back To FinTech, Cryptocurrencies, and Digital Assets

IRVINE, Calif., Dec. 24, 2024 (GLOBE NEWSWIRE) — Vemanti Group, Inc. (“Vemanti” or the “Company”) (OTCQB: VMNT) today announced a significant strategic redirection towards FinTech, with a specific emphasis on cryptocurrencies and digital assets. The move reaffirms the Company’s commitment to leveraging its strengths within the rapidly evolving digital economy. The fundamental pivot follows a mutually agreed-upon rescission of the acquisition of VinHMS Pte. Ltd. (“VinHMS”), completed on December 20, 2024, enabling the Company to optimize its focus and resources back to these dynamic sectors which have been integral to its initial vision. The decision to unwind was mutual and amicable, reflecting essential business reorientations beneficial to both entities. The parties maintain a cordial relationship and...

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Rail Vision to Join MxV Rail’s Technology Roadmap Program to Improve Safety and Efficiency of Rail Operations in North America

The TCCO committee operates under the auspices of the American Association of Railroads (AAR), with its Technology Roadmap Program managed by MxV Rail Ra’anana, Israel, Dec. 24, 2024 (GLOBE NEWSWIRE) — Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), a technology company at the forefront of revolutionizing railway safety and the data-related market, today announced it has joined MxV Rail’s Technology Roadmap Program, a distinguished body responsible for formulating minimum interoperable requirements and supporting development of systems to improve operating safety and efficiency of rail operations in North America. By joining the MxV Rail’s Technology Roadmap Program, Rail Vision will contribute to the development of interoperable requirements, positioning itself as a pivotal player in the evolution of rail technology in the U.S....

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Chibougamau Extends Several Conditions of the West Block Option

ROUYN-NORANDA, Québec, Dec. 24, 2024 (GLOBE NEWSWIRE) — Chibougamau Independent Mines Inc. (CBG-TSX-V in Canada, CLL1-Frankfurt, Stuttgart, Berlin and Lang & Schwarz Stock Exchanges in Germany, CMAUF-OTC in the US), herein called Chibougamau, wishes to inform shareholders that per the agreement with Tomagold Corporation (TSXV: LOT) dated August 11, 2023, Chibougamau has received the initial cash and share payments. In addition, Chibougamau has received the first anniversary shares payment but, due to market conditions, has extended both the required first anniversary $50,000 cash and $600,000 work expenditure requirement to June 30, 2025. Chibougamau will report to shareholders on the status of the West Block agreement at or shortly following the June 30, 2025 date. This press release was written by Jack Stoch, P. Geo., President...

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Sachem Capital Corp. Announces Full Repayment and Delisting of Maturing Unsecured Unsubordinated Notes From NYSE American

BRANFORD, Conn., Dec. 24, 2024 (GLOBE NEWSWIRE) — Sachem Capital Corp. (NYSE American: SACH) reminds holders that its 6.875% unsecured, unsubordinated Notes due December 30, 2024 (“Notes”), ticker symbol “SACC,” will mature on December 30, 2024, as scheduled. The company will redeem the Notes at par plus accrued and unpaid interest up to, but not including, the maturity date. Sachem expects the last trading day for the Notes will be December 27, 2024.  After the maturity date, no Notes will remain outstanding.Ticker CUSIP Maturity Date Supplemental and Prospectus LinkSACC 78590A 307 12/30/2024 SEC FilingImpact on Note Holders The final payment with respect to the Notes, including principal and accrued interest, will be made on or before December 30, 2024, as described in the prospectus supplement. No action is required...

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WeBuy Global Ltd Achieves Milestone Disney Cruise Sales with AI-Powered Travel Assistant, Micky1.0

Singapore, Dec. 24, 2024 (GLOBE NEWSWIRE) — Webuy Global Ltd (Nasdaq: WBUY) (the “Company”) is pleased to announce the remarkable success of its recent Disney cruise campaign, powered by its revolutionary Micky1.0 Travel AI on WhatsApp. By seamlessly integrating advanced AI technology with personalized customer service, Webuy demonstrated its ability to drive significant customer engagement and financial results. AI-Driven Success The Disney cruise campaign leveraged Webuy’s digital marketing expertise to direct leads to Micky1.0, the Company’s AI-powered travel assistant. Micky1.0 efficiently answered customer inquiries, provided real-time quotes, and tailored recommendations, before transferring qualified leads to travel consultants for deal closure. This streamlined process highlights the synergy between advanced technology...

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Mobilicom Further Strengthens Balance Sheet With Warrant Exercises for Approximately $1.2 Million Cash Proceeds

Proceeds expected to extend cash runway to fund operations into at least the next 24 months  SHOHAM, Israel, Dec. 24, 2024 (GLOBE NEWSWIRE) — Mobilicom Limited (Nasdaq: MOB), a provider of cybersecurity and robust solutions for drones and robotics, today announced that holders of warrants to purchase 761,290 ADRs issued in the Company’s registered direct offering in January 2024, have exercised their warrants for aggregate gross proceeds of approximately $1.2 million. “Over the past month, we’ve seen our company’s valuation increase over 150%, and this has created economics that encouraged some of our institutional investors to exercise warrants. With this latest cash injection, our balance sheet is further fortified, which we expect to give us a cash runway of at least 24 months, which may be further extended as adoption of...

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Clearmind Medicine Receives IRB Approval for its FDA-Regulated Clinical Trial

Vancouver, Canada, Dec. 24, 2024 (GLOBE NEWSWIRE) — Clearmind Medicine Inc. (Nasdaq: CMND), (FSE: CWY0) (“Clearmind” or the “Company”), a clinical-stage biotech company focused on discovery and development of novel psychedelic-derived therapeutics to solve major under-treated health problems, today announced it has received Institutional Review Board (IRB) approval for its Phase I/IIa clinical trial of CMND-100, targeting alcohol use disorder (AUD). The trial will be led at Yale School of Medicine’s Department of Psychiatry by Dr. Anahita Bassir Nia, MD, an expert in psychiatry and addiction medicine. This milestone marks a significant step forward in Clearmind’s FDA-regulated clinical program, further expanding the multi-site trial to evaluate the safety, tolerability and efficacy of its proprietary investigational...

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Golar Acquires All Outstanding Minority Interests in the FLNG Hilli

Golar LNG Limited (“Golar” or “the Company”) is pleased to announce that the company has acquired Seatrium’s and Black & Veatch’s minority ownership interests in the FLNG Hilli. The acquisitions comprise all third-party interests in the asset, including a total of 5.45% common units, 10.9% Series A shares and 10.9% Series B shares. The transaction is equivalent to ~8% of the full FLNG capacity. The total consideration for the acquisitions is $90.2 million, of which $59.9m is in equity and $30.3 million is a pro-rata share in the existing FLNG Hilli debt facility. The full economic interest of the increased ownership in FLNG Hilli will be effective from 1st of January 2025. The FLNG Hilli is currently contracted to Perenco in Cameroon, until contract expiry in July 2026. The asset is then intended to relocate...

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