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Check out some of our latest original content that was created and distributed as part of our ongoing collaborations with IR firms and other companies.

Former PayPal COO to Head White House Crypto and AI Desk

Posted on December 10, 2024 by MissionIR

On Thursday, the incoming U.S. President Donald Trump revealed that David Sacks, a former Chief Operations Officer at PayPal Holdings Inc. (NASDAQ: PYPL), had been chosen to be the “White House AI and Crypto Czar.” This announcement marks the latest step that the President-elect has taken in his bid to overhaul American policy on various industries and sectors.

Using Truth Social, a social media platform owned by Trump, the President-elect explained that Sacks would be tasked to formulate a framework through which the cryptocurrency industry would get the regulatory clarity it had been yearning for. Such a framework, Trump added, would allow cryptos to thrive in America. Trump’s post didn’t confirm whether “Czar” would be part of Sacks’ job title.

David Sacks is part of a growing number of incoming officials that the new president expects to oversee policy changes relating to the cryptocurrency industry. Others who are expected to play a key role include the nominees who will chair the U.S. SEC (Securities and Exchange Commission) and the CFTC (Commodity Futures Trading Commission). An advisory council on crypto has also been created and will help to reshape policy on digital currencies.

It should be noted that many tech industry leaders backed Trump during his campaign to win the presidency. These backers hope regulation of the crypto and AI space is minimal so that innovation can thrive without being hampered by excessive regulation. Trump positioned himself as someone who would create a favorable environment for these new technologies to thrive, and tech industry giants like Elon Musk threw their weight (and massive cash injections) into his campaign.

Reacting to the announcement of Sacks’ appointment, Steve Jang, who has invested alongside Sacks in a number of AI and crypto ventures, commented that while Sacks would create some guardrails around AI and crypto, he would generally favor minimal regulation.

Jang further stated that he believed Sacks would be more inclined to regulate the ways in which AI is deployed rather than trying to enact rules governing the way AI models are developed and trained. California tried, unsuccessfully, to pass SB 4047, a bill that would have regulated the development of AI models. Vehement opposition from tech investors in Silicon Valley prompted the governor to veto that bill.

Bitcoin breached the $100,000 mark for the first time last week, just a day before Trump announced the choice of David Sacks. This bullish run is largely riding on the industry’s expectation that the new administration will be friendlier to the industry compared to the outgoing one.

The anticipated pro-AI and crypto policy changes could further speed up the rate at which artificial intelligence grows in America, and that, in turn, bodes well for companies like McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) that are focused on gold, silver and copper. These metals have a pivotal role in the burgeoning industry.

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

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
[email protected]

MissionIR is powered by IBN

Posted in McEwen Mining Inc. MUX | Leave a comment

MissionIRNewsBreaks – Platinum Group Metals Ltd.’s (NYSE American: PLG) (TSX: PTM) Waterberg Project Poised for Robust Output Amid Increased Demand

Posted on December 9, 2024 by MissionIR

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) is emerging as a noteworthy player in the sector as interest in platinum continues to rise. “The company operates the Waterberg PGM Project, a large palladium and platinum deposit located in South Africa. Recently, Platinum Group Metals announced and filed with securities regulators an updated Independent Definitive Feasibility Study (‘2024 DFS’) for the Waterberg Project, which underscores its potential to meet the growing demand for these metals,” reads a recent article.

“The 2024 DFS detailed several encouraging developments. First, the company reported a 20% increase in its proven and probable mineral reserves of platinum, palladium, rhodium, and gold, now totaling 23.41 million ounces contained in 246.2 million tonnes of ore at an aggregate grade of 2.96 grams per tonne. Additionally, the life of the mine has been extended from 45 years to 54 years, ensuring that it can maintain production and generate cash flow for a longer period. With an average projected production of 353,208 ounces of platinum, palladium, rhodium and gold per year in concentrate, the project is well-prepared for robust output.”

To view the full article, visit https://ibn.fm/oP2qN

About Platinum Group Metals Ltd.
Platinum Group Metals is the operator of the Waterberg Project, a bulk underground palladium and platinum deposit located in South Africa. The Waterberg Project was discovered by Platinum Group and is being jointly developed with Implats, Mnombo and HJM. For more information about the company, visit www.PlatinumGroupMetals.net.

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

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
[email protected]

MissionIR is powered by IBN

Posted in Platinum Group Metals Ltd. PLG | Leave a comment

MissionIRNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Expands Midwest Reach with Broadway Ford Truck Center Partnership

Posted on December 9, 2024 by MissionIR

Mullen Automotive (NASDAQ: MULN) announced that its subsidiary, Bollinger Motors, has partnered with St. Louis-based Broadway Ford Truck Center as an official dealer, enhancing its Midwest presence. Bollinger’s all-electric Class 4 commercial truck, the B4 Chassis Cab, which features a 158-kilowatt-hour battery and fleet-focused design, began deliveries in October. Broadway Ford Truck Center’s President, Dennis Phillips, highlighted the alignment of both companies’ commitments to sustainability and innovation in the commercial vehicle industry. Bollinger has recently achieved key milestones, including regulatory compliance, significant vehicle agreements, and partnerships with multiple dealers and service providers.

To view the full press release, visit https://ibn.fm/wG2Jj

About Mullen Automotive Inc.

Mullen Automotive is a Southern California-based automotive company building the next generation of commercial electric vehicles (“EVs”) with two United States-based vehicle plants located in Tunica, Mississippi, (120,000 square feet) and Mishawaka, Indiana (650,000 square feet). In August 2023, Mullen began commercial vehicle production in Tunica. In September 2023, Mullen received IRS approval for federal EV tax credits on its commercial vehicles with a Qualified Manufacturer designation that offers eligible customers up to $7,500 per vehicle. As of January 2024, both the Mullen ONE, a Class 1 EV cargo van, and Mullen THREE, a Class 3 EV cab chassis truck, are California Air Resource Board (“CARB”) and EPA certified and available for sale in the U.S. The CARB-issued HVIP approval on the Mullen THREE, Class 3 EV truck, provides up to a $45,000 cash voucher at time of vehicle purchase. The company has also recently expanded its commercial dealer network to seven dealers with the addition of Papé Kenworth. Other previously announced dealers include Pritchard EV, National Auto Fleet Group, Ziegler Truck Group, Range Truck Group, Eco Auto, and Randy Marion Auto Group, providing sales and service coverage in key Midwest, West Coast, Pacific Northwest, New England and Mid-Atlantic markets. The company has also announced Foreign Trade Zone (“FTZ”) status approval for its Tunica, Mississippi, commercial vehicle manufacturing center. FTZ approval provides a number of benefits, including deferment of duties owed and elimination of duties on exported vehicles. For more information about the company, visit www.MullenUSA.com.

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

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
[email protected]

MissionIR is powered by IBN

Posted in Mullen Automotive Inc. MULN | Leave a comment

SuperCom Ltd. (NASDAQ: SPCB) Offers Important Boost to Expanding Industry with Superior EM Tracking Technology

Posted on December 9, 2024 by MissionIR
  • The recent launch of electronic monitoring (“EM”) of court-supervised offenders in Manitoba’s capital, and the program’s recent push for expansion to more rural areas of the Canadian province, exemplifies the global growth of EM as a needed resource for law enforcement
  • EM offender tracking represents a more efficient and cost-reducing means of providing security to citizens while also limiting increasingly expensive incarceration to qualifying criminal offenders
  • Israel-based SuperCom has developed a flagship technology and companion monitoring service that provides a competitive advantage over legacy EM devices
  • The company’s PureSecurity technology is driving significant advancements, and company officials have reported a number of key contract wins this year as it expands its footprint in Europe and North America

Technology developer SuperCom (NASDAQ: SPCB) is elevating the use of electronic monitoring (“EM”) of court-supervised individuals through GPS and RFID-enabled devices that are improvements over legacy services used for judicial system interests that include domestic violence offender tracking and house arrest monitoring.

SuperCom’s PureSecurity platform is a step up from the unpopular ankle monitors ubiquitous to the industry, using a sleek design that is wearable without being obvious to other people nearby, making it easier for monitored individuals to work and interact with others without the social stigma of a bulky device.

The PureSecurity products also feature a battery life of up to one year before needing to be recharged — an improvement over the monitors that continually have to be charged at an electrical outlet.

Worldwide, the use of EM devices has been expanding as a means of reducing the costs of incarceration and offering low-risk offenders a less punitive penalty that encourages positive social interactions.

The Canadian province of Manitoba, stretching from its border with the United States to its subarctic limits in the north, is an example of the growing use of EM, even in areas that are not heavily populated regions. The provincial government launched EM use in the metropolitan capital area of Winnipeg in August, where about two-thirds of Manitoba’s population resides. Following the evaluation of the initial successes, the government announced last month that it is expanding EM use to more rural areas, identifying towns in seven regions of the province.

“Enhancing the security of communities throughout the province is a priority for the Manitoba RCMP (Royal Canadian Mounted Police) and we appreciate all new technologies that help to support and achieve that goal,” Manitoba RCMP Chief Supt. Gord Corbett stated (https://ibn.fm/XkUja). “The electronic monitoring of those who are on release conditions is one more important tool that supports our mandate and helps keep Manitobans safe.”

The Manitoba government has allocated $2.9 million over two years for the program, according to the report, with an option for continuing the program in the future.

SuperCom has strengthened its footprint in the United States and Europe in recent months, securing new key contracts with officials in New York, West Virginia, Maryland, as well as in Israel and Romania, along with its ongoing business services.

The company also secured a new project in Canada that helps a long-standing partner transition from providing RF-based tracking technology to embracing new GPS technologies (https://ibn.fm/v6ojO).

“We are pleased to announce another quarter of significant achievements, showcasing the continued strength and resilience of our business. … Year-to-date, revenue increased to $21.3 million, gross profit surged by 35% to $10.7 million, and our gross profit margin improved dramatically to 50.1% from 37.7% in the prior year period,” SuperCom President and CEO Ordan Trabelsi stated in the company’s report on Q3 finances (https://ibn.fm/hcxPW). “Looking ahead, we remain focused on executing our strategy by delivering cutting-edge solutions, deepening relationships with existing clients, and entering new markets.”

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

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

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
[email protected]

MissionIR is powered by IBN

Posted in SuperCom Ltd. SPCB | Leave a comment

Calidi Biotherapeutics Inc. (NYSE American: CLDI) Data Demonstrates Potential of Innovative Solutions to Revolutionize Cancer Care 

Posted on December 6, 2024 by MissionIR
  • Emerging therapies, advanced diagnostic tools and groundbreaking research are reshaping the fight against cancer.
  • Calidi Biotherapeutics uses stem cells and cell-enveloping technologies to deliver virotherapy payloads that attack cancers and leave healthy cells untouched.
  • RTNova is designed to address the limitations of traditional virotherapy by offering enhanced targeting, systemic delivery and immune system modulation.

Cancer continues to be a leading cause of morbidity and mortality worldwide, affecting millions of lives every year. While advances in prevention, early detection and treatment have made strides in reducing the global cancer burden, innovation remains critical to achieving further breakthroughs. Emerging therapies, advanced diagnostic tools and groundbreaking research are reshaping the fight against cancer, offering new hope for patients and their families.

A compelling example of this progress is the work of Calidi Biotherapeutics (NYSE American: CLDI), whose recent data on its RTNova(TM) systemic enveloped virotherapy technology demonstrates the potential of cutting-edge solutions to revolutionize cancer care (https://ibn.fm/X06dh).

Cancer is not a single disease but a group of related diseases characterized by abnormal cell growth. This complexity requires diverse and innovative approaches to treatment. Traditional methods such as surgery, chemotherapy and radiation therapy have significantly improved survival rates, but they are not without limitations, including toxicity and resistance. Innovation is vital to overcoming these challenges.

New approaches to cancer treatment leverage technology, biology and chemistry to create therapies that are more effective, less invasive and increasingly personalized. Some key examples include:

  • Immunotherapy: Treatments such as checkpoint inhibitors and CAR T-cell therapy harness the body’s immune system to recognize and attack cancer cells.
  • Targeted therapy: Drugs designed to target specific mutations in cancer cells have reduced side effects while improving efficacy.
  • Oncolytic virotherapy: In this promising area of innovation, viruses are engineered to infect and destroy cancer cells while sparing healthy tissues.
  • Precision medicine: Advances in genomic sequencing allow treatments to be tailored to an individual’s genetic profile, optimizing outcomes and minimizing adverse effects.

Calidi Biotherapeutics is at the forefront of cancer treatment innovation, focusing on novel approaches to oncolytic virotherapy using stem cells and cell-enveloping technologies to deliver targeted and effective virotherapy payloads that attack cancers and leave healthy cells untouched. Calidi’s treatments effectively target a primary tumor and then arm the immune system to kill cancer metastases.

At two major conferences—the International Oncolytic Virotherapy Conference (“IOVC”) and the Society for Immunotherapy of Cancer (“SITC”) Annual Meeting—Calidi presented groundbreaking data supporting the capabilities of its proprietary RTNova systemic enveloped virotherapy platform. RTNova is designed to address the limitations of traditional virotherapy by offering enhanced targeting, systemic delivery and immune system modulation. Calidi’s data demonstrated that RTNova can achieve robust tumor-specific replication and destruction, making it a promising candidate for treating a wide range of cancers. Furthermore, this platform can be used as a standalone therapy or in combination with existing treatments like immunotherapy and checkpoint inhibitors to enhance outcomes.

The battle against cancer is far from over, but the momentum of innovation provides a reason for optimism. Companies such as Calidi Biotherapeutics are paving the way for therapies that push the boundaries of what is possible in medicine. In the coming years, advancements such as RTNova and other cutting-edge therapies will undoubtedly continue to shape the cancer treatment landscape.

Calidi Biotherapeutics is a clinical-stage, immuno-oncology company with proprietary technology designed to arm the immune system to fight cancer. Calidi’s novel stem-cell-based platforms are utilizing potent allogeneic stem cells capable of carrying payloads of oncolytic viruses for use in multiple oncology indications, including high-grade gliomas and solid tumors. Calidi’s clinical-stage, off-the-shelf, universal cell-based delivery platforms are designed to protect, amplify and potentiate oncolytic viruses leading to enhanced efficacy and improved patient safety. Calidi’s preclinical off-the-shelf enveloped virotherapies are designed to target disseminated solid tumors. This dual approach can potentially treat, or even prevent, metastatic disease.

For more information, visit www.CalidiBio.com.

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

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
[email protected]

MissionIR is powered by IBN

Posted in Calidi Biotherapeutics Inc. CLDI | Leave a comment

Sam Altman Expresses Confidence in the US Leading the AI Race

Posted on December 6, 2024 by MissionIR

Sam Altman, the CEO of OpenAI, has voiced his confidence in President-elect Donald Trump supporting the AI sector and ensuring that America, together with its allies, retain pole position in this nascent industry. Altman was speaking during a recent interview with Fox News.

During the interview, Sam Altman highlighted the fact that support in the form of massive infrastructure needed to be directed to the artificial intelligence industry. Altman added that he was certain that the incoming administration would provide this needed support. He reiterated that the massive infrastructure was necessary to enable the U.S. to stamp its leadership on AI technology and AI capabilities.

Sam Altman’s comments came in response to a question on the ongoing competition between America and China in the AI space. The OpenAI CEO emphasized that the U.S. and the countries allied to it have to lead the industry.

The massive infrastructure required includes vast amounts of electricity, technological support, in addition to huge data centers. The technological support refers to computer chips as well as advanced semiconductors. Companies like Nvidia have seen their valuations skyrocket on account of being industry leaders in providing the advanced chips needed by AI companies.

During the interview, Sam Altman also expressed a desire to see Congress approving legislation aimed at instituting safeguards regulating how artificial intelligence could be used.

He explained that he wasn’t sure when and what form of legislation was required, but said he was sure regulation would happen. He added that it wouldn’t be right to let firms like OpenAI make the big decisions concerning the ways in which AI could be leveraged. Rather, the broader society, through the lawmakers, needed to have their say on this important matter.

OpenAI, the company that Sam Altman heads, has risen in prominence as the years have gone by. This is because the firm has played a key role in the AI space from the time its flagship innovation ChatGPT was released onto the market. ChatGPT opened the floodgates to generative AI and other use-cases for artificial intelligence.

It should be noted that Elon Musk, another billionaire, was a cofounder of OpenAI. He left the company and recently went to court to stop OpenAI from pivoting to a profit-making enterprise as it had been founded as a nonprofit. The case is still ongoing.

OpenAI’s legal issues with Elon Musk aside, the race to establish AI infrastructure is on. Tech giants like Microsoft, Meta Platforms, Alphabet Inc., Amazon and so many others are frantically building out data centers and other attendant systems in order to stamp their mark on the AI field. This race to set up AI infrastructure and applications has created market opportunities for companies like McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) that extract the minerals critical to the AI industry.

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

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
[email protected]

MissionIR is powered by IBN

Posted in McEwen Mining Inc. MUX | Leave a comment

MissionIRNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) to Host Virtual Analyst & Investor Day on December 11

Posted on December 5, 2024 by MissionIR

CNS Pharmaceuticals (NASDAQ: CNSP), a biopharmaceutical company developing treatments for brain and central nervous system cancers, will host a Virtual Analyst & Investor Day on December 11 from 11:30 a.m. to 1 p.m. ET. The event will feature presentations by the company’s leadership team, including CEO John Climaco, Chief Medical Officer Dr. Sandra Silberman, and VP of Clinical Operations Zena Muzyczenko, alongside key opinion leaders Dr. Michael Weller, Dr. Samuel Goldlust, and Dr. Erin Dunbar. Discussions will focus on glioblastoma multiforme (“GBM”), updates on the clinical development of Berubicin, and regulatory strategies for the company’s second asset, TPI 287. A live video webcast and replay will be available on the company’s website.

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

About CNS Pharmaceuticals Inc.

CNS Pharmaceuticals is a clinical-stage pharmaceutical company developing a pipeline of anti-cancer drug candidates for the treatment of primary and metastatic cancers of the brain and central nervous system. The company’s lead drug candidate, Berubicin, is a novel anthracycline and the first anthracycline to appear to cross the blood-brain barrier. Berubicin is currently in development for the treatment of a number of serious brain and CNS oncology indications including glioblastoma multiforme (“GBM”), an aggressive and incurable form of brain cancer. For more information, visit the company’s website at www.CNSPharma.com.

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

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
[email protected]

MissionIR is powered by IBN

Posted in CNS Pharmaceuticals Inc. CNSP | Leave a comment

MissionIRNewsBreaks – Annovis Bio Inc. (NYSE: ANVS) CEO Highlights Innovations in Neurodegenerative Drug Development on Today’s Marketplace

Posted on December 5, 2024 by MissionIR

Annovis Bio (NYSE: ANVS), a leader in developing treatments for neurodegenerative diseases, was recently featured on Today’s Marketplace in an exclusive interview with Dr. Maria Maccecchini, Founder, President, and CEO. Dr. Maccecchini detailed Annovis Bio’s groundbreaking drug development targeting toxic proteins responsible for nerve cell damage in Alzheimer’s and Parkinson’s, as well as the company’s next-phase clinical trials. Emphasizing the broader impact of these diseases on caregivers as well as patients, Dr. Maccecchini shared insights into the meaningful progress Annovis Bio is making. The Today’s Marketplace feature continues to spotlight Annovis Bio’s leadership in addressing critical healthcare challenges, reinforcing its commitment to innovation and improving lives.

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

About Annovis Bio Inc.

Annovis Bio, headquartered in Malvern, Pennsylvania, is committed to addressing neurodegeneration in diseases such as Alzheimer’s and Parkinson’s. The company is developing innovative therapies that target multiple neurotoxic proteins, with the goal of restoring brain function and improving the quality of life for patients.

For more information, visit the company’s website at www.AnnovisBio.com, and social channels LinkedIn, X and YouTube.

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

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
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www.MissionIR.com
310.299.1717 Office
[email protected]

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Posted in Annovis Bio Inc. ANVS | Leave a comment

Riding the Wave of the Next Commodity Supercycle

Posted on December 5, 2024 by MissionIR

Within the past several years, commodity prices reached a 50-year low relative to equity valuations (https://ibn.fm/QrRMU). Historically, such lows in the commodity-to-equity ratio have marked the onset of new commodity supercycles—prolonged periods of sustained growth in raw material prices—and we’ve clearly seen the markets shifting with gold hitting all-time highs throughout much of this year. As global economic conditions evolve, commodities have been re-emerging as an important consideration when reconstructing investment portfolios.

The last major commodity supercycle (1996–2011) was fueled by the industrialization of emerging economies like China, India and Brazil. Today, a combination of inflationary pressures, supply chain disruptions, and the global shift toward renewable energy is creating the conditions for what appears to be the next major cycle. This backdrop presents a compelling case for commodities as a hedge against inflation and a source of value in an otherwise uncertain economic environment.

What Drives a Commodity Supercycle?

Commodity supercycles share three defining characteristics:

  1. Surging Demand: Structural shifts, such as urbanization or technological revolutions, create prolonged demand for raw materials.
  2. Supply Constraints: Delays in bringing new projects online due to high capital costs and regulatory hurdles lead to prolonged supply shortages.
  3. Rising Prices: A mismatch between supply and demand drives prices significantly above long-term averages.

Today’s potential supercycle is being shaped by the global energy transition and advancements in technology. Metals like copper and silver are essential for renewable energy, electric vehicles, AI data centers, and energy storage systems. Demand for these critical materials is soaring, even as the mining sector grapples with underinvestment and geopolitical challenges that have constrained supply.

Commodities and Equity Markets: A Historic Divergence

The relationship between commodities and equity markets has historically been countercyclical. For example, in the 1970s, soaring oil prices coincided with a sharp decline in stock valuations. Conversely, the bull market of the 2000s saw equity strength dampen commodity momentum, until the 2008 financial crisis reset the balance.

In the current environment, this divergence is once again becoming apparent. Rising commodity prices—particularly in metals critical to green energy—are creating opportunities for investors in mining stocks, even as broader equity markets face potential headwinds from inflation and geopolitical risks.

McEwen Mining: Well-Positioned for the Next Commodity Cycle

With metal prices climbing and demand for resources surging, companies with diversified portfolios and strong fundamentals are emerging as key players in this evolving landscape.

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) stands out as a compelling example of a company poised to navigate and benefit from the challenges and opportunities of the current market. By leveraging its rich asset base and focus on growth, the company provides insight into how mining firms are preparing to capitalize on this pivotal moment.

McEwen Mining: Positioned for Growth in Precious Metals and Copper Markets

The company’s management team has carved a distinctive path in the mining industry as a gold and silver producer with operations spanning multiple jurisdictions. Beyond its robust portfolio of precious metal assets, the company holds a 46.4% stake in McEwen Copper, the developer of the Los Azules project in Argentina—a large, advanced-stage copper deposit poised to benefit from the global push toward electrification and green technologies.

Under the leadership of Rob McEwen, the company’s Chairman and Founder, McEwen Mining is firmly aligned with shareholder interests. McEwen has personally invested $225 million into the company and takes an annual salary of just $1, underscoring his commitment to driving sustainable growth and maximizing shareholder returns.

Financial Momentum in Q3 2024

The company’s Q3 2024 results highlight a period of transformation (https://ibn.fm/lzJl7). Revenues rose by 36% year-over-year to $52.3 million, driven by higher gold prices and increased production. The average realized gold price surged to $2,499 per ounce, significantly above the prior year’s $1,920 per ounce. This performance translated to a remarkable 268% increase in gross profit, which reached $13.8 million.

Operational Progression

Recent exploration at the Grey Fox deposit, part of the Fox Complex in Canada, has yielded promising results, including high-grade drill intercepts (https://ibn.fm/zTM7s). Geological investigations demonstrate similarities between the Grey Fox Deposit and the Hishikari Gold Mine, which is one of the richest gold mines in the world.

In a press release announcing the results, Rob stated, “Firstly, our team is focused on drilling to add gold ounces into our production pipeline. Secondly, we are impressed by the depth potential. There are two styles of gold mineralization, epithermal veining and orogenic lenses, both gold-rich at the top of the systems. Based on our past and recent drilling, it appears that the Fox Complex has the opportunity to expand its production profile, and the depth potential is still wide open.”

Strategic Developments Fueling Growth

A significant highlight is the progress at the Los Azules copper project. A recent $56 million private placement, including contributions from Rio Tinto’s Nuton (https://ibn.fm/Zyi0I), positions the project for its next development phase. In fact, McEwen Copper just announced the approval of the Environmental Impact Assessment (“EIA”) and is now advancing towards publishing a definitive feasibility study, expected in the first half of 2025, with the potential start of construction as early as 2026 (https://ibn.fm/TQ7oi).

It’s also worth noting the company’s recent acquisition of Timberline Resources as it adds three promising Nevada properties, including the Eureka property with a measured and indicated oxide gold resource of 423,000 ounces (https://ibn.fm/fpWSh). We remain attentive to the company’s progress in Nevada and look forward to monitoring its developments as they unfold.

The Road Ahead

As McEwen Mining continues to advance its strategic initiatives, the company is well-positioned to capitalize on the emerging trends driving the next commodity supercycle. With a diversified asset base that spans both precious metals and critical copper resources, McEwen Mining is positioned to benefit from the growing demand for metals that are essential for the global transition to renewable energy. The company’s operational resilience and ongoing exploration efforts lay the groundwork for sustained growth.

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

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

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
[email protected]

MissionIR is powered by IBN

Posted in McEwen Mining Inc. MUX | Leave a comment

D-Wave Quantum Inc. (NYSE: QBTS) Names New Board of Directors Member as Stock Price Hit 52-Week High

Posted on December 5, 2024 by MissionIR
  • The company’s share price recently reached a 52-week high, a significant milestone that reflects a period of robust trading and investor optimism.
  • D-Wave continues efforts to expand its board of directors with experienced tech executives to assist the company’s aggressive go-to-market strategy and accelerate adoption of its annealing quantum computing technology.
  • The latest board addition, Sharon Holt, is a veteran technology executive, investor and board director with extensive global industry experience.

D-Wave Quantum (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the first commercial provider of quantum computers, has seen a remarkable share price surge in recent weeks, reporting a 52-week high. The price increase is a significant milestone for the company, reflecting a period of robust trading and investor optimism (https://ibn.fm/QBIw4).

To support its aggressive go-to-market efforts amid accelerating adoption of its annealing quantum computing solutions, D-Wave has added several key members to its board of directors in recent weeks, including John DiLullo and Rohit Ghai in October 2024. The latest addition, announced on Nov. 25, is Sharon Holt, a veteran technology executive, investor and board director with extensive global industry experience in semiconductors, embedded technologies and intellectual property (https://ibn.fm/ysqzY).

“We’re witnessing the onset of a new era of computation, as quantum shifts from an experimental technology to an essential solution for any organization looking to solve its toughest problems,” said Holt. “As the world’s first commercial quantum computing company, D-Wave is at the forefront of this quantum transformation, and I’m looking forward to supporting the company as it helps customers harness the power of quantum for measurable impact today.”

Throughout her career, Holt has had executive roles spanning business unit leadership, P&L ownership, business development, sales, marketing and engineering. Holt held executive roles at Agilent Technologies and HP and until 2016, she served as senior vice president and general manager of the semiconductor business group at Rambus Inc., a leading technology development and licensing company. Since 2016, she has served as a principal at Fraser Stuart Ventures, LLC, a private investment and advisory firm.

Holt also serves on the board of directors of Infinera Corp., a publicly traded supplier of intelligent transport network solutions, and previously served as chair of the board of directors of Immersion Corporation, a publicly traded developer of haptics technology for cell phones and other devices.

D-Wave board chair Steve West said the board was very excited to welcome Holt as a new member to assist the company’s efforts to fuel the global adoption of annealing quantum computing. “Her proven business leadership coupled with a background in successful go-to-market strategies are well-suited for maximizing impact of the company’s growth initiatives,” West said.

D-Wave CEO Dr. Alan Baratz said Holt’s addition to the board was perfectly timed to help the company capitalize on its unique position and advantages in the process of developing a profitable and solid business. “D-Wave’s opportunity is significant, supported by remarkable product development, rapidly growing customer adoption and ongoing scientific advancements,” said Dr. Baratz.

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

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

Forward Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
[email protected]

MissionIR is powered by IBN

Posted in D-Wave Quantum Inc. QBTS | Leave a comment