Digital Asset DirectQYOU Media
Contact Details Doug Barker +1 437-992-4814 shareholder@qyoutv.com Company Website https://www.valuethemarkets.com
December 05, 2023 01:00 PM Eastern Standard Time
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News ReleaseNAFA Fleet Management Association
NAFA Fleet Management Association (NAFA), the vehicle fleet industry’s largest membership association, is pleased to announce that CAFM Live will return at the 2024 NAFA Institute & Expo (I&E) in San Antonio, TX from April 21-24. This unique, add-on program to I&E covers all eight Certified Automotive Fleet Manager (CAFM) certification modules, offering a comprehensive curriculum to accelerate candidates' preparation for the CAFM examination and guide them toward successful certification. “In the fast-paced world of fleet and mobility, keeping up with the latest industry advancements is imperative,” said Bill Schankel, CAE, CEO of NAFA. “CAFM Live equips professionals with cutting-edge education, reinforcing their preparedness for the evolving challenges of our industry. We’re thrilled to have this innovative program back at I&E for another year.” The CAFM Live experience includes the following key components: Comprehensive Module Coverage: CAFM Live immerses participants in eight in-depth module sessions, addressing critical areas such as Asset Management, Business Management, Financial Management, Information Management, Maintenance Management, Professional Development, Risk Management, and Vehicle Fuel Management. Expert Insights: Participants will learn best practices and study tips directly from CAFM designees, gaining valuable insights that will enhance their exam preparation and overall proficiency in fleet management. Exclusive Access to NAFA’s Institute & Expo: Attendees of CAFM Live not only benefit from the program itself, but also gain complimentary access to NAFA's Institute & Expo. CAFM Live participants can explore exciting sessions, keynotes and the industry's largest Expo at no additional cost. Onsite CAFM Examination Opportunity: CAFM Live offers candidates the unique chance to complete the CAFM examination onsite, streamlining the certification process. Interested participants can learn more about CAFM Live, view the schedule and secure their registration here. NAFA Fleet Management Association is the membership organization for professionals who manage the mobility requirements of vehicle fleets that include commercial, public safety, trucks, and buses of all types and sizes, and a wide range of military and off-road equipment for corporations, governments, universities, utility fleets, and law enforcement in North America and across the globe. NAFA’s members are responsible for the specification, acquisition, maintenance, repair, fueling, risk management, and remarketing of more than 4.8 million vehicles that drive an estimated 84 billion miles each year. NAFA’s members control assets and services well above $122 billion each year. For more information, please visit www.nafa.org, and communicate with NAFA on LinkedIn, Facebook, and X. Contact Details Keaveny Hewitt +1 919-622-5276 khewitt@onwrdupwrd.com Company Website https://www.nafa.org/
December 05, 2023 01:00 PM Eastern Standard Time
News ReleaseBattery Mineral Resources Corp.
Battery Mineral Resources Corp. ( TSXV: BMR ) ( OTCQB: BTRMF ) (“ Battery ” or “ BMR ” or the “ Company ”) is very pleased to provide an operational, permit and community relations update. The Punitaqui copper mining complex (“Punitaqui”) includes the copper concentrator or “plant”, tailings storage facility, electrical, instrumentation and mechanical maintenance facilities, administration offices, assay laboratories, cafeterias, copper concentrate storage and loadout facilities, and the Cinabrio, San Andres and Dalmacia mines and includes the soon-to-be established Cinabrio Norte mine (see Figures 1 and 2). Operational Readiness The Company is pleased to report that personnel hiring for the resumption of full operations at Punitaqui is on schedule. Furthermore, final mine maintenance at the San Andres mine including rehabilitation of ground support, re-activation of compressed air, ventilation, power, and water in preparation for resumption of full mining operations, commenced in late November. A contract for the final stages of Punitaqui plant maintenance and rehabilitation has been executed and activities commenced December 4th with the aim of full operational commissioning of the plant in March and plant start-up in April of 2024. Environmental and Operational Permitting Permits have been granted allowing for thickened tailings deposition into the tailing’s storage facility of up to 1,500,000 tonnes - representing approximately 20 months of mine and plant operations during the first phase of operations at Punitaqui. The company expects to receive a permit for “dry stack” or filtered tailings deposition in late 2024. Filtered tailings deposition has many benefits over thickened tailings deposition including much lower water consumption in plant operations and far greater capacity for tailings storage over the same physical footprint. Construction and commissioning of the tailings filter plant will take nine months and thereafter, filtered tailings are to be deposited. Deposition of filtered tailings will allow for an additional eight-plus years of tailings storage at our permitted mining rate. This will be accomplished over nearly the same footprint the current tailings storage facility occupies. A permit for the San Andres mine has been granted which allows for BMR to commence drifting, ramp construction and mine development on two different elevation levels and allows for establishment of new underground exploration drilling platforms. This mine development will establish access to new zones of copper mineralization for the forthcoming mine production. Other activities at the San Andres mine include final achievement of equipment, supplies and personnel arrangements. VAT Recovery Extension Approval As in many developed countries, Chile has a Value Added Tax (“VAT”) on goods and services. Following BMR’s acquisition of the Punitaqui Mining Complex, it filed an application with, and received approval from, the Chilean Ministry of Economy, Development and Tourism (the “Ministry of Economy”) to participate in a VAT-recovery program set in place by the Chilean government to incentivize Chilean exports (the “VAT Program”). The VAT Program allows BMR to recover the VAT paid on goods and services purchase, once it submits verified documentation, in advance of achieving agreed-upon amounts of to-be-exported mineral concentrates. This VAT-recovery program provides BMR with a source of cash that it reinvests in its assets in Chile. On November 29, 2023, the Ministry of Economy issued a resolution to extend the VAT-recovery program for BMR until December 2025, which is a welcomed positive result. The new cap for total VAT recovery for the Company is US$7.0 million. As of today, Minera BMR has recovered a total of US$3.1 million in VAT recovery since it began to operate in Chile, with the remaining US$3.9 million expected to be recovered prior to December 2025. The remaining US$3.9 million allowed to be recovered by BMR will more than suffice until such time that the Punitaqui Mining Complex begins to generate revenue and cash flow from operations. Community Activities As previously disclosed, an agreement that will grant BMR surface rights for exploration of “blue sky” areas on BMR mineral claims has been signed with the local community of Potrerillos. BMR geologists have since defined the drill target locations within the “blue sky” areas. The company’s next step, expected in the next few weeks, is to formalize easement agreements with the Potrerillos community. Conversations with members of the community of Punitaqui to establish easement agreements for the Dalmacia mine road are well advanced. BMR’s social and community relations consultant, Integratio Mediação Social e Sustentabilidade (“Integratio”) has completed the community relationship policies and consultation manuals that will support and guide the Company’s social engagement strategy for the future. The Company is currently proactively engaging with both of our local communities of Potrerillos and Punitaqui as well as the local and regional authorities on the status of the project in terms of social impact and employment opportunities. Additionally, the Ministry of Public Workings (MOP) is currently enhancing part of the existing road that connects the Punitaqui Plant to the Dalmacia mine, and Battery has reached an agreement to contribute to the widening of the road and an increase of the asphaltic pavement to support trucking of ore from Dalmacia to the Punitaqui Plant. MOP field work for this began early November and is expected to be completed in Q1 2024. The Company is also proud to update its activities with the regional association of mining companies, CORMINCO. In the past three months BMR has participated in several meetings organized by CORMINCO, with regional authorities which have included one of the senators of the region as well as the presidential delegate of the Limari Province. These meetings have been extremely useful as an introduction to local mining suppliers and contractors and has aided in accelerating our overall permitting process. BMR has also been participating in meetings with the Chilean national miner’s association, SONAMI, and have enjoyed their support and begun participating in their specialized committees. The Company looks forward to providing additional updates to the market in the coming weeks as we move Punitaqui back into sustainable, profitable production for all stakeholders. About Battery Mineral Resources Corp. Battery Mineral Resources is a battery minerals company providing shareholders exposure to the global mega-trend of electrification while being focused on growth through cash-flow, exploration, and acquisitions in favourable mining jurisdictions. Battery Mineral’s mission is the discovery, acquisition, and development of battery metals (namely cobalt, lithium, graphite, and copper), in North America, South America and South Korea and to become a premier and responsible supplier of battery minerals to the electrification marketplace. BMR is currently pursuing a near-term resumption of operations of the Punitaqui Mining Complex, a past copper-gold-silver producer, in the Coquimbo region of Chile. BMR is the largest mineral claim holder in the historic Gowganda Cobalt-Silver Camp in Ontario, Canada, and continues to pursue a focused program to build on the recently announced, +1-million-pound high-grade cobalt resource at McAra. In addition, Battery Mineral owns 100% of ESI Energy Services, Inc. (including ESI’s wholly owned USA operating subsidiary, Ozzie’s, Inc.), a profitable mainline pipeline and renewable energy equipment rental and sales company with operations in Alberta, Canada and Arizona, USA. Battery Mineral Resources is based in Canada and its shares are listed on the Toronto Venture Exchange under the symbol “BMR” and on the OTCQB under the symbol “BTRMF”. Further information about BMR and its projects can be found on www.bmrcorp.com. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release. Forward Looking Statements This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections of the Company on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, the ability of the Company to obtain sufficient financing to complete exploration and development activities, risks related to share price and market conditions, the inherent risks involved in the mining, exploration and development of mineral properties, the ability of the Company to meet its anticipated development schedule, government regulation and fluctuating metal prices. Accordingly, readers should not place undue reliance on forward-looking statements. Battery undertakes no obligation to update publicly or otherwise revise any forward-looking statements contained herein, whether as a result of new information or future events or otherwise, except as may be required by law. Contact Details Battery Mineral Resources Corp. Martin Kostuik, CEO +1 604-229-3830 info@bmrcorp.com Corporate Communications, IBN (InvestorBrandNetwork) +1 310-299-1717 editor@investorbrandnetwork.com Company Website https://bmrcorp.com/
December 05, 2023 12:27 PM Eastern Standard Time
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News ReleaseCondor Gold PLC
Condor Gold PLC CEO Mark Child provides Thomas Warner from Proactive with an update on the company's efforts to sell its La India Gold Project in Nicaragua. The update follows news that Condor Chairman Jim Mellon has invested £1 million to extend the company's financial runway in support of a sale process that he still describes as "impressive". Despite active discussions with potential buyers, including eight companies under non-disclosure agreements (NDAs) and three site visits, a final sale agreement has not been reached, primarily due to pricing considerations. Child emphasises the company's commitment to maximising shareholder value and outlined his current engagements in Nicaragua, including meetings with the Chinese Embassy. He acknowledges the geopolitical challenges associated with operating in Nicaragua, particularly due to U.S. sanctions, but stressed the government's supportive stance towards mining and the country's stability compared to other regions. The CEO also discussed Condor Gold's alternative strategies, including smaller-scale operations and a pilot plant, but the board currently prefers to sell the assets. He pointed out the project's economic viability, citing the feasibility study's projection of 80,000 to 250,000 ounces of gold per year at a cost significantly lower than the gold price. Child remains optimistic about the project's future, expecting increased interest in 2024 due to favourable gold market trends and potential mergers and acquisitions in the sector. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com
December 05, 2023 12:19 PM Eastern Standard Time
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News ReleaseEthernity Networks Ltd
Ethernity Networks Ltd (AIM:ENET, OTCQB:ENETF) chief executive David Levi speaks to Proactive's Thomas Warner after the networking and security software solutions company released a trading update for calendar year 2023 - a year Lev himself describes as "extremely challenging." Levi starts by talking about some of the positives from the year, noting what he calls the collection of $4.5mln, an increase in gross margin and the announcement of an improvement in the company's cash position during the second half. He describes the action taken during the second half as a "successful revival of the business operation." He goes on to talk about his hopes for 2024, saying that he expects to generate positive cash flow, saying "all in all we completed product development, and now is the time to monetise the business based on what he have developed." "The major thing for investors is that... we plan to operate a positive cash flow but we need in order to do that we need to improve our balance sheet to attain new customers." Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com
December 05, 2023 12:18 PM Eastern Standard Time
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News ReleaseRainbow Rare Earths Ltd
Rainbow Rare Earths Ltd (LSE:RBW, OTC:RBWRF) CEO George Bennett speaks to Thomas Warner from Proactive after the magnet rare earth metals company announced partner TechMet has confirmed is to invest US$50 million into the Phalaborwa project in South Africa funded by US agency, the International Development Finance Corporation (DFC). The investment originates directly from the US government as part of it strategic effort to establish an independent supply chain for critical minerals originating from outside of China. Bennett highlights the green aspect of the project, emphasising its role in the circular economy by reprocessing gypsum waste. Bennett says that the $50 million investment covers over 50% of the equity financing needed for the Phalaborwa project, with the remainder expected to come from debt financing. The DFC's involvement in the equity side indicates potential support in the debt financing aspect as well, offering Rainbow a more comprehensive and attainable financial package. Despite this significant backing, Bennett clarifies that the project timeline remains unchanged, although the new funding provides greater clarity and resources to meet the established goals. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com
December 05, 2023 12:16 PM Eastern Standard Time
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News ReleaseThor Energy PLC
Thor Energy PLC (AIM:THR, OTCQB:THORF, ASX:THR) Managing Director Nicole Galloway-Warland speaks to Thomas Warner at the Proactive London studio after the uranium and energy metals-focused exploration company released uranium results from its latest drilling at the Groundhog prospect at the Wedding Bell and Radium Mountain projects in Colorado. Galloway-Warland describes the results as both exciting and validating for the project, noting recent strength in uranium spot prices. She goes on to highlight the discovery of 2.7% uranium from downhole gamma at their sites, emphasising the potential of these shallow, high-grade areas. Looking ahead, the company has sent assays to Canada for further analysis and is expecting results by January. These will not only provide more information on uranium but also on vanadium. Thor Energy's future plans include designing an infill and extension program, with the intention of resuming drilling early next year. Warland reflects positively on the year for Thor Energy, describing it as a period of consolidation and planning, capped off by a successful drilling program. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com
December 05, 2023 12:14 PM Eastern Standard Time
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News ReleasediscoverIE Group PLC
DiscoverIE Group PLC (LSE:DSCV) CEO Nick Jefferies speaks to Thomas Warner from Proactive London after the electronic component manufacturer released interim results for the six months to 30 September 2023 showing an increase in profitability. Jefferies gives an overview of the figures, highlighting a 17% increase in operating profits on 4% sales growth. This success translates into an 8% rise in both profit before tax and earnings per share, alongside a significant 25% boost in cash flow. Jefferies also highlights the company's sustained growth trajectory, having expanded by over 50% in the past three years. He attributes this success to a balanced strategy of driving top-line growth and achieving operational efficiencies as the company scales up. Despite what he calls the cyclical nature of the market and a general economic slowdown post-COVID, discoverIE has demonstrated resilience and continued momentum, particularly through operating efficiencies and robust cash flow. Looking ahead, Jefferies expressed confidence in the company's position, with a focus on navigating through the industry's inventory correction phase and continuing to drive growth. He also affirms the company's readiness for further acquisitions, supported by a strong balance sheet and ample banking facilities, expecting more acquisitions in the latter half of the year. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com
December 05, 2023 12:13 PM Eastern Standard Time
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News ReleaseNetScientific PLC
DeepTech Recycling Managing Director and CTO Marvine Besong speaks to Thomas Warner from Proactive about the company's groundbreaking work in plastic recycling. He explains that DeepTech Recycling specialises in transforming end-of-life plastics into reusable materials, noting that only 12% of all plastic waste is currently recycled. Their innovative approach involves heating waste plastics in a proprietary modular unit that ultimately turns it back into an oil-like substance that can then be treated and turned into new petrochemical feedstock. The aim is to promote a circular economy for plastics, preventing them from ending up in landfills or polluting the environment. Recently, DeepTech Recycling secured £1 million in funding, which Besong says will be used to consolidate the assets acquired from Recycling Technologies in December 2022 and to develop and commercialise their technology. This includes setting up a new operating base with labs and bench scale facilities. Besong emphasises the company's strategy to install recycling facilities at Material Recovery Facilities (MRFs), enabling efficient local processing of plastics. This approach aligns with their vision to tackle plastic waste as close to the consumer as possible, converting low-density plastic into easily transportable liquid form. Besong says his current focus is on business development, customer engagement, and advancing the company's technology to achieve commercial-scale operations. He stresses the importance of customer-focused models in scaling up their technology. DeepTech Recycling is a NetScientific portfolio company. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com
December 05, 2023 12:10 PM Eastern Standard Time
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