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Flush With Cash, Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) Intersects New Gold/Copper Zone

Posted on February 1, 2023 by MissionIR
  • Arizona Metals owns two highly compelling properties in Arizona, the Kay Mine Project and Sugarloaf Peak
  • The company had $58 million in cash at the end of Q3, enough to complete its ongoing Phase 2 drilling program, as well as a large Phase 3 program to continue building the resource at the Kay Mine Deposit, and explore around it for additional deposits
  • The latest drill results provided more compelling data, including discovery of a new gold/copper zone and extension of known mineralization

The U.S. mining industry produced $90.4 billion in non-fuel metals in 2021, with Arizona being the single-largest producer on a percentage bases, outshining neighbor Nevada as the only two states to command double-digit share at 11.0% and 10.3%, respectively. Arizona is widely known for its copper and gold prowess, contributing a whopping 71% of the nation’s copper production in 2021. If Arizona Metals (TSX: AMC) (OTCQX: AZMCF) has anything to say about it, the state will continue its dominance for decades to come as it unearths a world-class gold/copper/zinc VMS (volcanogenic massive sulfide) deposit.

The Toronto-based company owns 100% of the Kay Mine Project in Yavapai County, which is located on a combination of patented and BLM claims totaling 1,300 acres that are not subject to any royalties. The deposit is known to be a steeply dipping VMS deposit defined from a depth of 60 meters to at least 900 meters, remaining open on strike and at depth.

An historic estimate by Exxon Minerals in 1982 at the Kay Mine Project reported a proven and probable reserve of 6.4 million short tons at a grade of 2.2% copper, 2.8 g/t (grams per ton) gold, 3.03% zinc, and 55 g/t silver.(1) Miners and explorers cannot rely on historic estimates and Arizona Metals is currently working on verifying the resource, as well as adding to it via expansive drilling programs.

The company also owns 100% of the Sugarloaf Peak Property, in La Paz County, which is located on 4,400 acres of BLM claims. Sugarloaf is a heap-leach, open-pit target and has a historic estimate by Westworld Resources in 1983 of 100 million tons containing 1.5 million ounces gold at a grade of 0.5 g/t.(2)

As of the end of September, Arizona Metals had $58 million in its coffers, fully funding its exploration plans, including completing the balance of an ongoing 8,500-meter Phase 2 program and an upcoming 76,000-meter Phase 3 drilling program at its flagship Kay Mine Project. The drilling will test numerous parallel targets heading west of the Kay Mine Deposit, as well as possible northern and southern extensions.

On January 17, 2023, Arizona Metals said that the step-out drilling located 300 meters north and on strike at the Kay Mine Deposit intersected a new zone of copper-gold VMS mineralization at depths between 150-600 meters vertically below surface. The new zone is open in all directions.

Drilling is already underway to test for extensions and widening of the mineralization.

Arizona Metals also released results for six holes drilled at Kay, comprised of three infill and three extension holes. The detailed report was highlighted by multiple intercepts.

Hole KM-22-93, part of the North Strike Extensions Drilling, cut four separate intervals of VMS mineralization at a depth of 470-610 meters, including 4.5 meters at a grade of 1.8% copper equivalent (CuEq); 2.0 meters grading 1.5% CuEq; 4.6 meters grading 0.8% CuEq; and 1.2 meters grading 2.7% CuEq.

This hole is about 300 meters below hole KM-22-30, which hit 3.0 meters grading 1.1% CuEq. It is also 400 meters below KM-22-33, which intersected 1.2 meters grading 4.2% CuEq, to extend the strike at the northernmost drill intercept at the deposit by about 300 meters.

Arizona Metals CEO Marc Pais said that the latest batch of drill results, “confirm our opinion that the Kay Mine Deposit is potentially part of a much larger mineralized system, typical of what is encountered in other VMS camps around the world.”

Mineralization remains open in all directions around these intercepts.

Hole KM-22-81B, part of Kay Mine Deposit Drilling program, intersected 3.8 meters grading 10.7% CuEq from 750 meters. This is a step-out hole to the south, which extended mineralization about 50 meters south of hole KM-21-52A along the southern edge of the Kay Mine Deposit.

Furthermore, the company has begun the first tests around the Central Target, which has produced encouraging results, evidenced by “numerous markers typically associated with VMS deposits.” Drilling will continue to provide a better understanding of the mineralization at the target.

Elsewhere at the project, road construction is well underway to reach drill locations that will test the Western Target, located 1,200 meters west of the Kay Mine Deposit. Drilling is targeted to begin this quarter.

According to Pais, “Work will continue at the Kay Mine Deposit to define an initial resource, in conjunction with associated hydrological, rock geochemistry, metallurgical, and specific gravity studies, but we anticipate that over the next 18 months approximately 90% of our budget will go towards exploration south, north, and west of the Kay Mine Deposit.”

(1) The historic estimate at the Kay Mine Deposit was reported by Exxon Minerals in 1982. The historic estimate has not been verified as a current mineral resource. None of the key assumptions, parameters, and methods used to prepare the historic estimate were reported, and no resource categories were used. Significant data compilation, re-drilling and data verification may be required by a “qualified person” (as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects) before the historic estimate can be verified and upgraded to be a current mineral resource. A qualified person has not done sufficient work to classify it as a current mineral resource, and Arizona Metals is not treating the historic estimate as a current mineral resource.

(2) The historic estimate at the Sugarloaf Peak Property was reported by Westworld Resources in 1983. The historic estimate has not been verified as a current mineral resource. None of the key assumptions, parameters, and methods used to prepare the historic estimate were reported, and no resource categories were used. Significant data compilation, re-drilling and data verification may be required by a qualified person before the historic estimate can be verified and upgraded to a current mineral resource. A qualified person has not done sufficient work to classify it as a current mineral resource, and Arizona Metals is not treating the historic estimate as a current mineral resource.

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

Full Disclosure: Arizona Metals Corp. is an InvestorBrandNetwork marketing client.

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

About MissionIR

MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

For more information, visit www.MissionIR.com

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all

Posted in Arizona Metals Corp. AZMCF | Leave a comment

MissionIRNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT), Fr8App Partners with Leading Mexico-Based Trucking Company to Expand Services

Posted on January 31, 2023 by MissionIR

Freight Technologies (NASDAQ: FRGT), a technology company whose custom-developed Fr8App, an industry-leading freight-matching platform powered by AI and machine-learning and offers a real-time portal for B2B cross-border shipping and domestic shipping within the USMCA region, is partnering with a leading transportation company in Mexico: Majoba Logistics. Fr8App is onboarding MAJOBA Logistics with an eye on expanding transportation capacity for its private fleet service. According to the announcement, Majoba Logistics’ fleet of vehicles will be added to the Fr8App platform in a move that provides a wider range of transportation options as well as more efficient and cost-effective services to customers. With headquarters in Leon, Guanajuato, Majoba Logistics is focused on innovation in the freight trucking service. Its expert team has broad experience in the space and is committed to seeking evolution with ideas that revolutionize distribution and logistics for the complete satisfaction of customers. “We are very happy to partner with Majoba Logistics,” said Fr8App CEO Javier Selgas in the press release. “Their commitment to providing high-quality and dedicated logistics services aligns perfectly with our mission to revolutionize the transportation industry. Together, we will be able to provide an even wider range of options and services to our customers. We started offering our Fr8Fleet (private fleet) product last year and look forward to more than doubling its size this year. We are elated to have one of the leading innovative freight companies in Mexico, join our platform with the view to helping grow the traffic in our Fr8Fleet offering.”

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

About Freight Technologies Inc. 

Freight Technologies is a technology company developing solutions to optimize and automate the supply chain process. Its wholly owned subsidiary Freight App Inc. (“Fr8App”) is a business-to-business, cross-border shipping marketplace in the USMCA region powered by artificial intelligence (“AI”) and machine learning. Focused on making shipping transparent and efficient, Fr8App provides carriers with increased growth opportunities and shippers with flexibility, visibility and simplicity for the once-complex process of international over-the-road (“OTR”) shipping. Fr8App uses its proprietary technology platform to connect carriers and shippers and significantly improve matching and operation efficiency via innovative technologies such as live pricing and real-time tracking, digital freight marketplace, broker, transportation management, fleet management and committed capacity solutions. For more information about the company, please visit www.FR8Technologies.com.

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

Corporate Communications
IBN (InvestorBrandNetwork)
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
[email protected]

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in Freight Technologies Inc. FRGT | Leave a comment

MissionIRNewsBreaks – Cerberus Cyber Sentinel Corp. (NASDAQ: CISO) Announces Company First with Kivu Consulting Partnership

Posted on January 31, 2023 by MissionIR

Cerberus Cyber Sentinel (NASDAQ: CISO), an industry leader as a global cybersecurity and compliance provider, is entering into a strategic partnership with Kivu Consulting in an agreement that is the first of its kind for CISO. The partnership is designed to extend Cerberus Cyber Sentinel’s service offerings in several different areas, including incident response, digital forensics, ransomware negotiation and proprietary cyber-threat intelligence. Kivu will be able to extend its proactive cyber-advisory services in North and South America through the agreement. A pioneering cybersecurity company, Kivu specializes in cybersecurity incident response, digital forensics, ransom negotiations, business recovery services and 24/7 managed detection and response. Kivu is a leading partner to cyber insurance carriers and brokers as well as law firms. The two companies noted that the collaboration will provide state-of-the-art cybersecurity services enabled by proprietary, innovative technologies that together accelerate the client journey to cyber resiliency and reducing business risk. “Cybersecurity is a team sport,” said Cerberus Sentinel president Ashley Devoto in the press release. “With the massive workforce and talent gaps continuing to grow worldwide, a collaborative and coordinated approach is key. We are building a network of ‘force multipliers’ with the expertise, solutions and services to combat today’s advanced cyber threat actors and the attacks they perpetrate. . . . Kivu is an excellent fit for a mutual partnership with Cerberus Sentinel. Both are known as trusted advisors as organizations continue to face a $2-trillion global cybersecurity challenge requiring innovation, battle-tested practitioners and global scale to address cyber-attacks.”

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

About CISO Global, Inc.

CISO an industry leader as a global cybersecurity and compliance provider. The company is rapidly expanding by acquiring world-class cybersecurity, secured managed services and compliance companies with top-tier talent that utilize the latest technology to create innovative solutions to protect the most demanding businesses and government organizations against continuing and emerging security threats and compliance obligations. For more information about the company, visit www.CISO.inc.

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

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in Cerberus Cyber Sentinel Corp. CISO | Leave a comment

MissionIRNewsBreaks – Silo Pharma Inc. (NASDAQ: SILO) Board Authorizes Stock Repurchase Program

Posted on January 31, 2023 by MissionIR

Silo Pharma (NASDAQ: SILO), a developmental-stage biopharmaceutical company focused on merging traditional therapeutics with psychedelic research, has announced a stock repurchase program. According to the company, its board of directors has approved the program, which will acquire up to $1 million of the company’s common stock. The announcement noted that the company could purchase common stock in a variety of ways, including in the open market and through privately negotiated transactions; all transactions will be in compliance with United States Securities and Exchange Commission rules and guidelines. The repurchase of stocks will depend on available liquidity, cash flows and market conditions and will also take into consideration corporate and regulatory limitations; the company observed that it is not committed to acquiring a specific amount of shares and that the repurchase program may be suspended or discontinued at any time. As of Nov. 10, 2022, the company had approximately 3,138,797 million shares of common stock outstanding. “The current capital market conditions allow us to capture additional value for all shareholders through this measured buyback program,” said Silo Pharma CEI Eric Weisblum in the press release. “Our board of directors and executive management team remain committed to delivering value to our shareholders.”

To view the full press release, visit https://ibn.fm/w08lE

About Silo Pharma Inc.

Silo Pharma is a developmental-stage biopharmaceutical company focused on merging traditional therapeutics with psychedelic research indications for people suffering from indications such as Alzheimer’s disease, PTSD and other rare neurological disorders. Silo’s mission is to identify assets to license and fund the research that the company believes will be transformative to the well-being of patients and the healthcare industry. For more information about the company, visit www.SiloPharma.com.

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

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in Silo Pharma Inc. SILO | Leave a comment

MissionIRNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Releases Assay Results from Iska Iska Diamond Drill Holes

Posted on January 31, 2023 by MissionIR

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM), an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec, is reporting on eight diamond drill holes conducted at the Iska Iska silver-tin polymetallic project, located in the Potosi Department, southern Bolivia. According to the announcement, the drill holes included hole DHK-27, which was drilled from Huayra Kasa; hole DSB-43, which was drilled on southwest side of Santa Barbara; hole DSB-46, which tested the potential south-southeastern extension; and five holes drilled to the southwest from the Huayra Kasa area to test the eastern margin of the Santa Barbara deposit. In addition to the new drill results, the report included channel sampling results from Eloro’s Mina 1 and Mina 2 underground workings located approximately 2km south-southeast of the Santa Barbara adit and approximately 800m east of the Porco adit. Results from the report indicated that hole DHK-27 is the second most valuable drill hole recorded to date, showing “remarkable intercepts and grades. “The significance of DHK-27 is the consistent high silver grades averaging 69.80 g Ag/t over a length of 325.48 meters, which is close to true thickness,” said Eloro Resources CEO Tom Larsen in the press release. “The higher grade 182.02 g Ag/t over 109.60 m portion of Hole DHK-27 attests to the potential of outlining much higher-grade areas in the Santa Barbara deposit with further drilling. It is also important to note that calculations for equivalent Ag grade in this release are based on July 2022 metal prices, which for the major metals at Iska Iska are 13% to 33% lower than current prices hence the quoted values for silver equivalent are conservative.”

To view the full press release, visit https://ibn.fm/zMcB0

About Eloro Resources Ltd.

Eloro is an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec. Eloro has an option to acquire a 100% interest in the highly prospective Iska Iska Property, which can be classified as a polymetallic epithermal-porphyry complex, a significant mineral deposit type in the Potosi Department in southern Bolivia. A recent NI 43-101 technical report on Iska Iska, which was completed by Micon International Limited, is available on Eloro’s website and under its filings on SEDAR. Iska Iska is a road-accessible, royalty-free property. Eloro also owns an 82% interest in the La Victoria Gold/Silver Project, located in the north-central mineral belt of Peru, some 50 kilometers south of Barrick’s Lagunas Norte Gold Mine and Pan American Silver’s La Arena Gold Mine.

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

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in Eloro Resources Ltd. ELRRF | Leave a comment

Correlate Infrastructure Partners Inc. (CIPI), VP of Sales Describes How The Company is Revolutionizing The Greening of Commercial and Industrial Real Estate

Posted on January 31, 2023 by MissionIR
  • Correlate has, since its inception, remained committed to increasing energy efficiency, while minimizing upgrade costs, for commercial real estate
  • In a recent interview, Jim Florentino, Correlate’s Vice President of Sales, gave insights into the inner workings of the company, its history, and his role therein
  • He reiterated the company’s commitment to implementing advanced technologies and workflow processes while trying to break the old habits that have made this industry stagnant and slow-moving
  • Florentino also noted that given the company’s commitment to building long-term sustainability planning and driving NPO for its customers at every phase, Correlate sits right at the impetus of property owners and business paths to net-zero goals and sustainable operations

Correlate Infrastructure Partners (OTCQB: CIPI), a tech-enabled development, finance, and fulfillment platform for distributed energy solutions across North America, has remained committed to reducing costs, improving comfort, and increasing energy reliability for home, work, and commercial commerce, while eliminating the adoption barriers to net-zero carbon goals. Having started with its first offering that allowed for the remote audit of buildings and designing energy optimization without the involvement of on-site engineers and auditors, the company has grown to offer industry-leading energy solutions and a financing platform for the industrial and commercial sectors.

In a recent interview, Jim Florentino, Correlate’s Vice President of Sales, gave insights into the company’s inner workings, the firm’s history, and his role therein. Of note was his introduction into the clean tech space back in 2008 as a residential HVAC systems designer and salesperson, a role that would allow him to cross paths with Todd Michaels, Correlate’s President and CEO. After staying in touch over several years, he jumped at the opportunity to build upon the strengths of the team that Todd has built, ultimately molding the company into what it is today (https://ibn.fm/7mYrv).

Florentino noted that Correlate is committed to implementing advanced technologies and workflow processes while trying to break the old habits that have made this industry stagnant and slow-moving.

“We approach each day with a disruptive mindset of scaling energy project development by using great solution technologies, partner organizations, and industry-leading standards, all while making an important global impact toward decarbonization,” he noted.

He also emphasized the importance of the company culture, pointing out Correlate’s ubiquitous use of workflow and communications platforms to keep constant dialogue and collaboration happening in real time. This, he noted, comes with its share of challenges, the main one being the lack of awareness and dangers associated with the current electrical grid. To expound on that, he highlighted that the decentralization of the company’s power systems and networks needs all sides of the table to work in coordination, thereby streamlining the installation of microgrid technologies that would help address the massive issue of electric grid instability.

Florentino expressed his optimism in the company building long-term sustainability planning and driving Net Operating Income (“NOI”) for its customers at every phase. He also highlighted the positive reception of its tech-enabled development work in a remote environment that removes high engineering expenses. This, he reckoned, validated Correlate’s methodology of using data and intelligence to expedite large corporate portfolio carbon reduction initiatives, allowing the company to make a huge impact and do so quickly.

“Correlate not only aims to be a solution to the problem in the years to come, but we also sit right at the impetus of property owners and business’ paths to net zero goals and sustainable operations,” noted Florentino.

“To me, that’s a really good place to be,” he added.

So far in the new year, Correlate has partnered with global stored energy solutions leader, EnerSys(R) (NYSE: ENS), to improve its carbon footprint in its Pennsylvania headquarters (https://ibn.fm/rPFda). It is also aggressively pushing its offerings to help clients improve their environmental, social, and governance (“ESG”) profiles, especially given the growing interest by investors in backing such efforts. These moves define Correlate as the undisputed industry leader and a key player in renewable energy.

For company information, visit the company’s website at www.CorrelateInfra.com, including the following:

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

About MissionIR

MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

For more information, visit www.MissionIR.com

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all

Posted in Correlate Infrastructure Partners Inc. CIPI | Leave a comment

MissionIRNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Featured in Roth Equity Research Report

Posted on January 30, 2023 by MissionIR

McEwen Mining (NYSE: MUX) (TSX: MUX) was featured in a recent equity research report published by Roth Capital Partners LLC. An excerpt of the report reads, “On January 26, 2023, MUX announced the results of eight drill holes from its Los Azules project. We believe these drill results support our view that the Los Azules project is significantly undervalued by the market.”

To request access to the full report, visit https://ibn.fm/z0W2k

About McEwen Mining Inc.

McEwen Mining is a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina. In addition, it owns 68% of McEwen Copper, which owns the large, advanced-stage Los Azules copper project in Argentina. The company’s goal is to improve the productivity and life of its assets with the objective of increasing its share price and providing a yield. McEwen’s chair and chief owner has personally provided the company with $220 million and takes an annual salary of $1. 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 MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in McEwen Mining Inc. MUX | Leave a comment

MissionIRNewsBreaks – Why Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Is ‘One to Watch’

Posted on January 30, 2023 by MissionIR

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF) is focused on advancing the next generation of nickel-sulfide projects to deliver metals needed to power the electric vehicle (“EV”) revolution and feed the high-growth stainless steel market. The company is one of only a few new sources of potential supply outside Indonesia and China. “Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulfide Project with large-scale potential located in the heart of Ontario’s prolific Timmins-Cochrane mining camp, adjacent to major infrastructure… The Crawford Nickel-Cobalt Sulfide Project is the largest sulfide discovery since the early 1970s and contains the fifth-largest nickel sulfide resource in the world, based on measured and indicated resources… The Crawford project is expected to be one of the largest base metal mines in Canada according to results of a preliminary economic assessment. Early projections by Canada Nickel estimate that the project has the potential to produce 50,000 tons of nickel per year,” a recent article reads. The company’s other projects include the Reid Nickel Property, located just 16 kilometers southwest of Crawford or 37 kilometers northwest of Timmins, and the Sothman Nickel Property, located 70 kilometers south of Timmins. “The company in December 2022 announced positive drilling results from its ongoing regional exploration campaign at its Reid and Sothman properties… The latest results continue to reinforce the success of Canada Nickel’s geophysical targeting approach and increase the probability of success at the company’s other 20-plus properties within its 42 square kilometers of geophysical targets. Building on this momentum, Canada Nickel in December 2022 announced its entry into a deal to acquire a 100% interest in the past producing Texmont property situated between the company’s properties south of Timmins.”

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

About Canada Nickel Company Inc.

Canada Nickel is advancing the next generation of nickel-sulfide projects to deliver metals required to feed the high-growth electric vehicle and stainless steel markets. Canada Nickel has applied in multiple jurisdictions to trademark the terms NetZero Nickel(TM), NetZero Cobalt(TM) and NetZero Iron(TM) and is pursuing the development of processes to allow the production of net-zero products. Canada Nickel provides investors with leverage to nickel in low political risk jurisdictions. Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulfide Project in the heart of the prolific Timmins-Cochrane mining camp. For more information, please visit www.CanadaNickel.com.

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

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in Canada Nickel Company Inc. CNIKF | Leave a comment

MissionIRNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Releases FY 2022 Financial Numbers, Reports Record Revenue

Posted on January 30, 2023 by MissionIR

Golden Matrix Group (NASDAQ: GMGI), a developer, licensor and global operator of online gaming and eCommerce platforms, systems, and gaming content, has released a financial report for FY 2022, the year ended Oct. 31, 2022. Highlights of the report included full-year revenues of $36 million, a 219% increase from the previous year and a revenue record for the company. The report also showed Adjusted EBITDA of more than $3.5 million, cash and cash equivalents of $14.9 million, total assets of $32.5 million and total liabilities of $2,774,932. In addition, the company reported shareholders equity had increased 42%, from $18.9 million in 2021 to $26.8 million, with current game operations and registered user numbers reaching 685 and 7 million, respectively, in business-to-business (“B2B”) traditional business. In the B2C space, RKings Competitions Ltd. is reporting more than 45,000 unique active users per month. The report also noted that on Jan. 13, 2023, GMGI signed a definitive agreement to acquire MeridianBet Group. “This has been a highly constructive year for our rapidly growing company,” said Golden Matrix CEO Brian Goodman in the press release. “We believe the increased costs incurred and investments made in our B2B and B2C platforms have positioned GMGI to sustain and even accelerate our strong revenue growth. To remain competitive in the worldwide gaming industry, we are continually upgrading our systems and gaming content offerings to support the needs of our millions of participants.”

To view the full press release, visit https://ibn.fm/jvAx9

About Golden Matrix Group Inc.

Golden Matrix Group, based in Las Vegas, Nevada, is an established B2B and B2C gaming technology company operating across multiple international markets. The B2B division of Golden Matrix develops and licenses proprietary gaming platforms for its extensive list of clients and RKings, its B2C division, operates a high-volume eCommerce site enabling end users to enter paid-for competitions on its proprietary platform in authorized markets. The company’s sophisticated software automatically declines any gaming or redemption requests from within the United States, in strict compliance with current U.S. law. For more information about the company, visit www.GoldenMatrix.com

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

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

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MissionIRNewsBreaks – Cepton Inc. (NASDAQ: CPTN) Announces Participation at Upcoming Conferences

Posted on January 30, 2023 by MissionIR

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, today announced its participation in conferences taking place in February 2023. Cepton’s CEO Dr. Jun Pei and CFO Hull Xu will take part in a fireside chat starting at 1:10 p.m. ET on Feb. 15 at the Baird 2023 Vehicle Technology & Mobility Conference, which is being held in a virtual format. In addition, Cepton will participate in the Citi 2023 Global Industrial Tech & Mobility Conference slated to take place on Feb. 21-23 in Miami, Florida. The company’s management will host investor meetings at both events. Interested parties should contact [email protected] or their Baird or Citi representative for inquiries regarding one-on-one or group meetings with management.

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

About Cepton Inc.

Cepton is a Silicon Valley innovator of lidar-based solutions for automotive (“ADAS/AV”), smart cities, smart spaces and smart industrial applications. With its patented lidar technology, Cepton aims to take lidar mainstream and achieve a balanced approach to performance, cost and reliability, while enabling scalable and intelligent 3D perception solutions across industries. Cepton has been awarded a significant ADAS lidar series production award with Koito on the General Motors business. Cepton is engaged with all top 10 global OEMs. Founded in 2016 and led by industry veterans with decades of collective experience across a wide range of advanced lidar and imaging technologies, Cepton is focused on the mass market commercialization of high-performance, high-quality lidar solutions. Cepton is headquartered in San Jose, California, and has a center of excellence facility in Troy, Michigan, to provide local support to automotive customers in the Metro Detroit area. Cepton also has a presence in Germany, Canada, Japan, India and China to serve a fast-growing global customer base. For more information, visit the company’s website at www.Cepton.com.

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

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in Cepton Inc. CPTN | Leave a comment