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OS Therapies Completes Exercise Inducement and Exchange Offer for All Remaining Outstanding Warrants Issued in Connection with December 2024 Financing
Newsfile· 2025-09-02 10:00
Core Insights - OS Therapies has completed a warrant inducement and exchange offer, raising approximately $3.7 million in gross proceeds to accelerate preparations for the commercial launch of OST-HER2 [1][4] - The company aims to bring OST-HER2 to market in early 2026, pending FDA regulatory approval [2] - New warrants have been issued with an exercise price of $3.00 per share, which includes a forced exercise provision when the stock trades above $9.00, potentially bringing in over $20 million in additional funding [2][4] Financial Details - The warrant exchange raised approximately $3.7 million, which will primarily be used for commercial preparations related to OST-HER2 [1][4] - The forced exercise provision of the new warrants could lead to over $20 million in additional funding if triggered [2] Product Development - OST-HER2 is the lead asset of OS Therapies, targeting osteosarcoma and has received multiple designations from the FDA, including Rare Pediatric Disease Designation [3][5] - The company plans to submit a Biologics Licensing Application (BLA) for OST-HER2 in 2025, which could lead to a Priority Review Voucher if approved [5] - OS Therapies is also advancing its next-generation Antibody Drug Conjugate (ADC) technology, known as tunable ADC (tADC) [6]
Kodiak Drills High-Grade Mineralization from Surface at the Adit Zone Including 79m of 0.69% CuEq Ending in 27m of 1.62% CuEq
Newsfile· 2025-09-02 10:00
Kodiak Drills High-Grade Mineralization from Surface at the Adit Zone Including 79m of 0.69% CuEq Ending in 27m of 1.62% CuEqSeptember 02, 2025 6:00 AM EDT | Source: Kodiak Copper Corp.Vancouver, British Columbia--(Newsfile Corp. - September 2, 2025) - Kodiak Copper Corp. (TSXV: KDK) (OTCQB: KDKCF) (FSE: 5DD1) (the "Company" or "Kodiak") announces additional drill results from the 2025 drill program at its 100% owned MPD copper-gold porphyry project in southern British Columbia. The program f ...
NANO Nuclear Energy Awarded AFWERX Direct to Phase II Contract for KRONOS MMR(TM) RDT&E at Joint Base Anacostia-Bolling
Newsfile· 2025-09-02 10:00
Core Points - NANO Nuclear Energy Inc. has been awarded a Direct to Phase II (D2P2) Small Business Innovation Research (SBIR) contract by AFWERX to explore the feasibility of deploying its KRONOS MMR™ Energy System at Joint Base Anacostia-Bolling in Washington, D.C. [1][3] - The contract, valued at approximately $1.25 million, will assess JBAB's energy demands, grid vulnerabilities, environmental considerations, and regulatory pathways for introducing a nuclear microreactor [3][4] - The KRONOS MMR™ is designed to deliver 15 MWe (45 MWth) of carbon-free power and features advanced safety mechanisms, including "walk-away safety" and "full island-mode microgrid" capability [4][6] Company Overview - NANO Nuclear Energy is focused on developing clean energy solutions and aims to become a diversified, vertically integrated company across five business lines, including microreactor technologies and nuclear fuel fabrication [9][10] - The company is recognized as a leader in bringing microreactors to the defense ecosystem, with the KRONOS MMR™ designed to protect critical missions in demanding environments [7][9] - NANO Nuclear is supported by Stonegardens Advisory LLC, which specializes in guiding advanced technologies into the defense sector [7] Industry Context - AFWERX, the innovation arm of the U.S. Air Force, has executed over 6,200 contracts worth more than $4.7 billion since its inception in 2019, highlighting the growing demand for next-generation nuclear solutions [8] - The KRONOS MMR™ project aligns with the Air Force's priorities to enhance energy resilience and reduce reliance on commercial grids, emphasizing the strategic importance of advanced nuclear technologies in military applications [3][7]
Sequans Acquires 34 Additional BTC and Now Holds 3,205 BTC
Newsfile· 2025-09-02 10:00
Core Viewpoint - Sequans Communications has strategically increased its Bitcoin holdings, acquiring an additional 34 bitcoins for approximately $3.8 million, bringing its total to 3,205 bitcoins valued at around $374 million, reflecting a long-term investment strategy in Bitcoin as a primary treasury reserve asset [1][2][3]. Group 1: Company Overview - Sequans Communications S.A. is a leading fabless semiconductor company specializing in wireless 4G/5G cellular technology for the Internet of Things (IoT) and is recognized as a pioneer in Bitcoin treasury management [3][5]. - The company intends to accumulate Bitcoin using net proceeds from equity and debt issuances, as well as cash generated from operations and intellectual property monetization [3]. Group 2: Financial Details - The recent acquisition of 34 bitcoins was made at an average price of $111,374 per bitcoin, inclusive of fees [1]. - The total net investment in Bitcoin amounts to approximately $374 million, with an average acquisition price of $116,653 per bitcoin [2]. Group 3: Strategic Positioning - Sequans aims to combine its strategic Bitcoin reserve with a strong focus on semiconductor innovation to create long-term value [4]. - The company develops technologies for AI-connected applications, including secured payment systems, smart mobility, and smart cities, which are supported by its comprehensive portfolio of 4G/5G solutions [4].
Focus Graphite Pilot Run Demonstrates Significant Increase in Large and Jumbo Flake Recovery at Lac Knife
Newsfile· 2025-09-02 09:19
Focus Graphite Pilot Run Demonstrates Significant Increase in Large and Jumbo Flake Recovery at Lac KnifeLac Knife Graphite meets and exceeds U.S. DoD standards while delivering ~47wt.% large flake recovery for advanced material markets in recent pilot run conducted by AETCSeptember 02, 2025 5:19 AM EDT | Source: Focus Graphite Inc.Ottawa, Ontario--(Newsfile Corp. - September 2, 2025) - Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) ("Focus" or the "Company") a Canadian developer o ...
Core Nickel Announces Results from Property-Wide Airborne Electromagnetic Survey on the Mel and Odei River Projects and Provides Management Update
Newsfile· 2025-09-02 09:00
Core Viewpoint - Core Nickel Corp. has successfully completed property-wide airborne electromagnetic surveys on its Mel and Odei River Projects, providing valuable data for future exploration and target identification [1][2][3] Survey Results - The 2025 airborne survey covered 289 line-km for the Mel Project and 1,547 line-km for the Odei River Project, utilizing a 100-metre line spacing to refine historical EM survey results [3][4] - The surveys indicate a strong correlation between nickel sulphide mineralization and geophysical responses, highlighting new exploration targets at Mel, Hunter, and Odei River [2][4] Mel Project Insights - The Mel Deposit shows a historical mineral resource of 4,279,000 tons grading 0.875% Ni and an inferred resource of 1,010,000 tons grading 0.839% Ni [24] - Geophysical data suggests that mineralization at Mel is fault-controlled and extends beyond the currently defined resource area, with historical drillholes indicating potential for additional nickel sulphide lenses [12][15][24] Hunter and Odei River Properties - The Hunter block features two prominent magnetic trends associated with EM trends, suggesting potential nickel sulphide systems, with Hunter North being a 9.5 km long magnetic trend and Hunter Central a 12 km trend [20] - The VTEM survey has defined a robust target corridor across the Hunter and Odei River properties, warranting further drill testing [20] Management Update - Core Nickel announced the resignation of Caitlin Glew as Vice President, Exploration, effective August 31, 2025, acknowledging her contributions to the company's exploration strategies and technical understanding [21][22]
K2 Engages ICP Securities Inc. for Automated Market Making Services
Newsfile· 2025-09-02 08:00
K2 Engages ICP Securities Inc. for Automated Market Making ServicesSeptember 02, 2025 4:00 AM EDT | Source: K2 Gold CorporationVancouver, British Columbia--(Newsfile Corp. - September 2, 2025) - K2 Gold Corporation. (TSXV: KTO) (OTCQB: KTGDF) ("K2 Gold" or the "Company") today announced the engagement of ICP Securities Inc. ("ICP") to provide automated market making services, including use of ICP's proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX V ...
EdgeTI Recognized in the Gartner Hype Cycle for Defense, 2025
Newsfile· 2025-09-02 07:30
Company Overview - Edge Total Intelligence Inc. (edgeTI) has been recognized for the second consecutive year in the Gartner Hype Cycle for Defense, 2025, as a Sample Vendor in the Digital Twins category [1][4] - The company offers a digital operations software platform called edgeCore™, which integrates multiple software applications and data sources into a cohesive Digital Twin experience [7] Industry Insights - The defense landscape is being shaped by rapid technological advancements, complex geopolitical tensions, and the need for operational agility [2] - Modern defense organizations require innovative solutions to enhance operational readiness and warfighting capabilities while ensuring secure integration across multidomain environments [2] Digital Twin Technology - A digital twin is defined as a software-based model that represents the state of an asset, person, or organization, incorporating real-time data and business process logic to optimize outcomes [4] - Digital twin elements include models, data, one-to-one associations, and near-real-time monitorability, often utilizing analytics, 3D, CRM, or IoT technologies [4] Company Achievements - The CEO of edgeTI, Jim Barrett, expressed excitement over the recognition by Gartner, emphasizing the importance of agility for defense organizations to meet mission goals [4] - The company has been providing solutions to armed services for over twenty years, helping them achieve mission objectives [4]
Defence Therapeutics Engages Dr. Amie Phinney as Strategy & Business Advisor to Guide Next Phase of Growth
Newsfile· 2025-09-02 07:15
Company Overview - Defence Therapeutics Inc. is a clinical-stage biotechnology company focused on drug delivery technologies, particularly in developing next-generation antibody-drug conjugates (ADCs) using its proprietary ACCUM® technology, which enhances the precision delivery of ADCs to target cells, thereby increasing efficacy against cancer [5]. Leadership Appointment - Dr. Amie Phinney has been appointed as the Strategy & Business Advisor to guide Defence Therapeutics in its next phase of growth, effective immediately [1]. - Dr. Phinney brings over 20 years of experience in life sciences commercialization, having held significant roles in pharmaceutical R&D and biotech innovation at companies like Abbott and AbbVie [2][3]. Strategic Vision - The company is at a pivotal point, with its scientific advancements opening new transformative opportunities. Dr. Phinney's expertise in both scientific and strategic leadership is expected to help the company capture this momentum for sustainable growth [4]. - Dr. Phinney expressed enthusiasm about joining Defence Therapeutics, highlighting the potential of the company's science to transform the field of antibody-delivered therapeutics and her commitment to building a roadmap for innovation [4].
Sage Potash Obtains Approval for US$14 Million USDA Grant to Advance Project
Newsfile· 2025-09-02 07:05
Core Viewpoint - Sage Potash Corp. has received a US$14 million grant from the USDA to support the development of its Sage Plain Potash Project, which aims to produce 300,000 tonnes of potash per year in Utah, thereby enhancing domestic potash capacity for U.S. farmers [1][2][5]. Group 1: Project Development - The USDA grant will significantly contribute to the financing strategy for the construction of the potash project [1][4]. - The project is expected to create approximately 100 well-paying jobs in San Juan County, Utah, utilizing proven solution-mining techniques that enhance safety and reduce environmental impacts compared to conventional methods [3][4]. - Sage Potash is advancing permitting and a Preliminary Economic Assessment (PEA) with the support of RESPEC, which includes a third-party review of project economics and environmental studies [4]. Group 2: Industry Context - Potash is a critical nutrient for plant growth and global food security, with over 90% of U.S. consumption being imported [5]. - The addition of potash to the critical minerals list by the U.S. Federal administration provides Sage Potash access to federal funding and tax credit opportunities [5][6]. - The USDA grant is part of the Fertilizer Product Expansion Program aimed at increasing the manufacturing and processing of fertilizers in the U.S. [7].