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Torque Metals reports “substantial” initial exploration target at New Dawn

TORQUE METALS LIMITED

Torque Metals Ltd (ASX: TOR) managing director Cristian Moreno sits down with Jonathan Jackson in the Proactive studio to discuss the establishment of a “substantial” initial exploration target for the New Dawn Lithium Project. Moreno discusses how the target came about just six months after it acquired the project, the importance of its location just 600 metres from MinRes’s lithium producing Bald Hill mine and the fact that Torque has only covered 40% of ground as it looks to a mineral resource estimate. With drilling ongoing, there is plenty of newsflow to come from New Dawn, but also at the company’s Paris Gold Project, where it is also drilling and aiming for a maiden exploration target and mineral resource estimate. Finally, Moreno discusses what sets Torque apart from its peers. Moreno said: “Torque is presently engaged in a comprehensive drilling campaign comprising 5,000 metres of RC drilling, just completed and 1,000 metres of diamond drilling underway. The primary aim is to extend the known mineralisation and to increase the confidence of the data collected so far as we move towards validating this exploration target by establishing a maiden mineral resource estimate.” Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

February 12, 2024 11:50 AM Eastern Standard Time

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Sarytogan Graphite hits major milestone with graphite used in lithium-ion batteries

Sarytogan Graphite Ltd

Sarytogan Graphite Ltd (ASX:SGY) CEO Sean Gregory sits down with Jonathan Jackson to discuss a major technical milestone with Sarytogan’s graphite now used in lithium-ion batteries. The first lithium-ion batteries have been made using the company’s uncoated spherical purified graphite (USPG), with early tests indicating they outperform many existing synthetic graphite anodes used in electric vehicles. Not only did the company post excellent capacity results, the batteries demonstrated significant repeatability and consistency across all tests, with no noticeable performance degradation after multiple charge and discharge cycles. Sarytogan now plans to continue long-term testing on USPG cells and start a second round of tests on coated spherical purified graphite (CSPG), which involves a surface coating process expected to further enhance battery performance. Finally, Gregory speaks about the upcoming PFS, due in Q3, which will highlight its low cost base and high revenue outcomes. “Sarytogan Graphite is proving itself to be a unique combination of high performance and lower costs due to its exceptionally high-grade microcrystalline nature,” Gregory said. “Investors can look forward to the well-advanced pre-feasibility study quantifying the anticipated financial returns associated with the long list of superlatives that the Sarytogan graphite deposit commands.” Contact Details Proactive Investors Jonathan Jackson +61 413 713 744

February 12, 2024 11:45 AM Eastern Standard Time

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Mitre Mining Corporation Chile acquisition sets it up to establish major silver-gold resource

Mitre Mining Corporation Ltd

Mitre Mining Corporation Ltd (ASX: MMC) executive director Ray Shorrocks joined Jonathan Jackson in the Proactive studio this morning to talk us through the company’s recent Chilean acquisition. Following shareholder approval, the company is now poised to establish major silver-gold resource at its new Cerro Bayo project. Mitre takes hold of the existing JORC inferred resources of 3.82 million tonnes at 206g/t for 24.7 million ounces silver equivalent, and importantly Cerro Bayo has substantial scope for rapid growth, with extensive known high-grade mineralisation outside the resource. The project also includes infrastructure valued over A$150 million to support a future restart of operations, including a 500,000 tonnes per annum operational mill, extensive underground mines, power network, offices and workshops. With $8.3 million in the bank after a capital raise and drilling to begin shortly, it's all systems go for Mitre. Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

February 12, 2024 11:40 AM Eastern Standard Time

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Rare Earths & Critical Metals ETF: Investment Opportunity in Growing Industries

Optica Rare Earths & Critical Materials ETF

Optica Rare Earths and Critical Metals ETF (NYSE:CRIT) Chairman Derek Bone joined Steve Darling from Proactive to delve into the intricacies of this innovative investment fund. Bone shed light on the genesis of the ETF, which sprang from the collective expertise of a team boasting backgrounds in mining, finance, and corporate advisory roles, particularly in capital raisings for rare earth companies in Australia. Drawing inspiration from their success in the gold ETF space and leveraging their extensive network and knowledge, the team made the strategic decision to launch an ETF focused exclusively on rare earths and critical minerals. This expanded thesis encompasses a diverse array of 50 minerals and metals crucial for various industries worldwide. Bone elaborated on the ETF's primary objective, which is to meticulously track the entire value chain of these critical materials, from the extraction phase to the manufacturing of finished goods. This holistic approach mirrors the escalating significance of clean technology, defense, medical, and communication sectors globally. Moreover, against the backdrop of governments increasingly prioritizing the security of their supply chains for these essential materials, the ETF zeroes in on long-term investment opportunities rather than short-term trading gains. Despite facing challenges in marketing and distribution, given its relative small size and new entrant status compared to competitors, the ETF is determined to make a significant impact. Bone outlined the ETF's strategy, which revolves around addressing industry pain points and offering innovative solutions. Central to this approach is the emphasis on capital preservation and volatility reduction by strategically investing in key companies within the sector. In essence, Optica Rare Earths and Critical Metals ETF embodies a forward-thinking approach to investment, poised to capitalize on the burgeoning demand for rare earths and critical minerals while navigating the complexities of the global market landscape. With a steadfast commitment to industry excellence and value creation, the ETF aims to carve out a distinct niche and deliver enduring returns for its investors. Contact Details Proactive Canada Proactive Canada +1 604-688-8158 action@proactiveinvestors.com

February 12, 2024 10:22 AM Eastern Standard Time

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FPX Nickel announces the appointment Kim Baird to company’s Board of Directors

FPX Nickel Corp

FPX Nickel CEO Martin Turenne joined Steve Darling from Proactive to unveil a significant addition to the company's leadership team. FPX Nickel proudly announced the appointment of Kim Baird to its Board of Directors, a move that underscores the company's commitment to diversity, inclusion, and strategic expertise. Baird brings with her a wealth of experience and a distinguished track record as a leader and strategic advisor, particularly in her work with Indigenous communities, governments, businesses, and other organizations. Notably, she previously served as the elected Chief of the Tsawwassen First Nation, where she played a pivotal role in negotiating and implementing British Columbia's first modern urban treaty. This landmark agreement empowered the Tsawwassen People with ownership and governance rights over their land and resources, showcasing Baird's proficiency in Indigenous policy, governance, and economic development. Recognized as a highly-regarded advocate for Indigenous peoples, Baird's expertise extends to major infrastructure projects, with a keen understanding of the opportunities they present for economic reconciliation and Indigenous participation. Currently serving as the Chancellor of Kwantlen Polytechnic University and as the interim Chief Administrative Officer for the Tsawwassen First Nation, Baird brings a wealth of knowledge and leadership acumen to FPX Nickel. Her impressive resume also includes previous board positions at BC Hydro and the Greater Vancouver Board of Trade. Currently, she serves as a director on several boards, including the Canada Infrastructure Bank, further underscoring her commitment to shaping impactful policies and strategies across various sectors. Baird's appointment to the Board of Directors represents a significant milestone for FPX Nickel, as the company continues to position itself as a leader in the mining industry. With Baird's invaluable expertise and leadership, FPX Nickel is poised to navigate complex challenges, drive sustainable growth, and create lasting value for its stakeholders. Contact Details Proactive Canada Proactive Canada +1 604-688-8158 action@proactiveinvestors.com

February 12, 2024 10:15 AM Eastern Standard Time

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US Global Investors continues to see strong results from US Global Jets fund

HANetf

US Global Investors CEO Frank Holmes joined Steve Darling from Proactive to provide insights into the company's U.S. Global Jets fund, which was initiated in 2015. The fund's performance and the aviation industry have witnessed a rebound following the challenges posed by the COVID-19 pandemic. Holmes elaborated on the factors driving the fund's performance and discussed key developments in the aviation sector. One notable development is the upgrade of Mexico's air safety rating from Category 2 back to Category 1 by the Federal Aviation Administration (FAA) last week. This upgrade reflects improved safety standards and is a positive indicator for Mexico's aviation industry. Holmes also highlighted an interesting historical trend in the airline industry. Airlines have historically exhibited an inverse relationship with oil prices. When oil prices rise, airline stocks tend to underperform, while they tend to outperform when oil prices decline. This unique relationship can present attractive entry points for investors looking to gain exposure to the global airline industry, especially in times of fluctuating oil prices. The rebound of the U.S. Global Jets fund and the positive developments in the aviation sector demonstrate the resilience of the industry in overcoming challenges and adapting to changing market conditions. Holmes' insights shed light on the investment opportunities within the aviation sector, offering valuable considerations for investors interested in this dynamic industry. Contact Details Proactive United States +1 347-449-0879 action@proactiveinvestors.com

February 12, 2024 10:08 AM Eastern Standard Time

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Crypto Whales Shift Focus to the Emerging Meme Powerhouse Meme Moguls (MGLS), Decreasing Interest in Tron (TRX) and Polygon (MATIC)

Meme Moguls

As market growth slowed in January, crypto whales are shifting their focus to an emerging new project, Meme Moguls. Meme Moguls experienced significant gains over the last few months and is now attracting TRON and Polygon investors, who are selling their tokens due to recent poor performances. Will Meme Moguls Hit 100x Returns In 2024? Since its presale started, Meme Moguls increased in value by 90%. This rapidly expanding P2E project is now expected to take the market by storm. After its presale ends on February 28, Meme Moguls will be listed on Uniswap and several other exchanges that will be announced over the upcoming weeks. This significant milestone is expected to take Meme Moguls to new heights. Meme Moguls is a play-to-earn (P2E) platform that lets players build their investing knowledge. The platform showcases several game modes and includes a virtual stock market where investors will be able to trade meme assets. During each game mode, players will have the opportunity to win prizes, most of which can be redeemed for cryptocurrency. The Meme Moguls development team will showcase a game preview over the next week, which will give investors further insights into different game modes, features, and more. As the Meme Moguls presale starts to sell out, experts predict that it will soon enter the 6th stage of its presale. After hitting this milestone, $MGLS tokens will increase from $0.0036 to $0.0042, its final price before being listed later this month. Investors who buy tokens before the Meme Moguls presale ends will still get a 30% buy bonus. Furthermore, active investors could potentially win giveaways, which have been awarded throughout each presale round. Visit Meme Moguls TRON Rallies 18% In January TRON was one of the best-performing stablecoins in January. Its value surged by 18.76%, and as a result, thousands of investors diversified their portfolios with TRON. This was a much-needed boost for the TRON ecosystem, which has faced several declines over the last few months following controversies with the project's founder. Last year, TRON founder Justin Sun faced several charges from the U.S. Securities and Exchange Commission. While these allegations don’t directly impact TRON, they have created legal uncertainty around the project, thus slowing its growth. Nonetheless, TRON continues to expand. The developers are currently working on a new partnership with ChainGPT, which could be a great addition to the TRON ecosystem. TRON is currently trading at $0.1229, and its price increased by 4.97% over the last week. Crypto Whales Sell Polygon Polygon (MATIC) has faced several challenges in 2024. After its poor price performance, Polygon's daily transaction volume has dropped by 31.7% in a month, and Polygon has dropped out of the top 15 most traded cryptocurrencies. Whales are now losing confidence in Polygon’s following its poor user activity. As a result, record amounts of MATIC tokens have been removed from exchanges. This has caused some experts to question Polygon’s future, with some suggesting that the project may be losing its investors to competitors. According to Polygon’s network data, bridging activity also fell over the last month, which has further shaken whale confidence. Having increased by just 3.5% in 30 days, investors could start to diversify their portfolios and sell their Polygon holdings if the project fails to gain momentum. For more information about the Meme Moguls (MGLS) Presale: Visit Meme Moguls | Join the Community Meme Moguls and all cryptocurrencies are subject to significant price fluctuations and volatility. Investing in or holding Meme Moguls tokens carries substantial risks, including the potential for total loss. Past performance should not be considered indicative of future results. Volatility and Risks: Meme Moguls and all cryptocurrencies are subject to significant price fluctuations and volatility. Investing in or holding Meme Moguls tokens carries substantial risks, including the potential for total loss. Past performance should not be considered indicative of future results. Contact Details Meme Moguls contact@mememoguls.com Company Website https://mememoguls.com/

February 12, 2024 09:05 AM Central Standard Time

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American Rare Earth announces update to Mineral Resource Estimate at Halleck Creek in Wyoming

American Rare Earths Ltd

American Rare Earths Limited CEO Donald Swartz joined Steve Darling from Proactive to share a significant milestone for the company. American Rare Earths Limited has proudly announced the completion of the Technical Report of Exploration for its Halleck Creek Property in Wyoming. This report not only marks a comprehensive assessment of the property's exploration efforts but also includes an updated Resource estimate that showcases a remarkable increase of 64% in in-situ tonnes compared to the maiden resource estimate from September/October 2023. Swartz elaborated during the interview, detailing the significant growth in resource estimates resulting from the exploration endeavors. The updated estimate now stands at an impressive 2.34 billion tonnes, with 1.81 million tonnes consisting of 27% Magnetic Rare Earth Oxides (“MREO”) at 3,196 ppm Total Rare Earth Oxides (“TREO”) using a 1,000ppm TREO cut-off.Of particular note is the measured and indicated resources, which have seen a staggering 128% increase, totaling 1.42 billion tonnes with a grade of 3,295 ppm TREO using the same 1,000ppm TREO cut-off. Furthermore, Swartz highlighted the impact of the company's 2023 drilling efforts, which have not only expanded the lateral and vertical resource extents but have also revealed that the deposit remains open at depth and along strike. This suggests the potential for further resource expansion and underscores the significance of ongoing exploration efforts in unlocking the full potential of the Halleck Creek Property. The completion of the Technical Report of Exploration and the subsequent increase in resource estimates signify a pivotal moment for American Rare Earths Limited, positioning the company for sustained growth and success in the rare earths market. With a substantial increase in resources and ongoing exploration activities, American Rare Earths Limited is well-positioned to capitalize on the growing demand for rare earth elements and solidify its position as a key player in the industry. Contact Details Proactive USA +1 347-449-0879 na-editorial@proactiveinvestors.com

February 12, 2024 10:04 AM Eastern Standard Time

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Government of Maharashtra and Pegasus Capital Advisors Sign MoU to Boost Food Security and Food Processing Sector

Pegasus Capital Advisors

The Government of Maharashtra and Pegasus Capital Advisors have entered into a cooperation Memorandum of Understanding (MoU) aimed at exploring the potential of maximizing opportunities in the food security and food processing sector in Maharashtra. This agreement was formalized during the Government of Maharashtra's participation at the World Economic Forum 2024. The MoU outlines a collaborative effort between Pegasus Capital Advisors, a global private markets impact investment fund, and the Government of Maharashtra to explore and develop food processing units in the state of Maharashtra and the UAE. The Government of Maharashtra will share an operational plan within 90 days, detailing the opportunities for collaboration and identifying trusted partners and entities. Maharashtra, with its robust agriculture sector and logistical capabilities, is well-positioned to address the GCC food security needs and this collaboration with Pegasus Capital Advisors aligns with the government’s vision to empower 11 million farmers in the state. Craig Cogut, Partner at Pegasus Capital Advisors, expressed enthusiasm about the partnership, stating, "We are eager to contribute to the vision of creating a sustainable food processing economy and empowering millions of farmers in Maharashtra. This partnership is important to building a resilient and integrated food supply chain and strengthening natural farming practices." The Government of Maharashtra's ambitious initiative focuses on addressing the UAE's and GCCs immediate food basket requirements, promoting increased production capacity, and supporting the development of the food processing sector. The comprehensive plan encompasses key aspects designed to bring about transformative changes in the food security and food processing sector. First, it prioritizes the empowerment of Maharashtra's 11 million farmers, facilitating their access to markets and cutting-edge agricultural technology through strategic partnerships. Secondly, the initiative positions Maharashtra as a long-term supplier of essential food items such as millet, soybean, wheat, and sugarcane, effectively meeting the pressing food security needs of the UAE. The third focal point involves the establishment of state-of-the-art food processing units in both Maharashtra and the UAE, promising the creation of skilled employment opportunities and a significant economic boost for both regions. Lastly, by leveraging the UAE as a pivotal export hub, the collaboration seeks to penetrate new markets in the GCC, Central Asia, and Africa, establishing a robust and diversified food supply chain. These key aspects collectively underscore a holistic approach that addresses immediate food security concerns and fosters economic growth, technological advancement, and international trade. The collaborative effort seeks to achieve positive economic, social, environmental, and health impacts for the UAE and India. Notable outcomes include empowering farmers, boosting the Indian economy through exports, building food processing infrastructure in the UAE, and promoting the "Make in India" and "Made in UAE" vision. About Pegasus Global Capital Advisors Pegasus Capital Advisors is a leading global private markets impact investment manager, dedicated to fostering sustainable and inclusive growth. As the first U.S. private equity fund manager accredited by the Green Climate Fund, Pegasus Capital Advisors invests in companies and technologies that aim to make a measurable, long-lasting impact. Explore more at www.pcalp.com. Contact Details Courtney Bonness Riff City Strategies courtney.bonness@riffcitystrategies.com Company Website https://www.pcalp.com/

February 12, 2024 10:00 AM Eastern Standard Time

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