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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.

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Working to Capitalize on 2024 Trends

Posted on February 4, 2025 by MissionIR
  • Platinum and palladium have experienced continued demand growth in 2024.
  • This year has been marked by high levels of industrial and investment activity, with significant milestones achieved in a variety of sectors.
  • Platinum Group Metals (NYSE American: PLG) (TSX : PTM) has made significant strides in 2024, particularly through its Waterberg Project in South Africa.

This year has been important for platinum and palladium as well as for companies in the industry, such as Platinum Group Metals (NYSE American: PLG) (TSX: PTM). PGMs, which include platinum, palladium and rhodium, have experienced robust demand and growth in 2024. These metals are critical for industries such as automotive, jewelry and electronics and for emerging green technologies such as hydrogen fuel cells.

The year has been marked by high levels of industrial and investment activity, with significant milestones achieved in various sectors, including the following:

  • Industrial and automotive demand: Automotive demand for platinum reached its highest level in seven years, growing by 1% to 3.24 million ounces (https://ibn.fm/fPcif). This growth has been driven by increased use in catalytic converters for vehicles, particularly in response to stricter emission standards globally. The industrial sector also recorded a 1% increase in demand, reaching 2.37 million ounces. This uptick was fueled by applications in glass manufacturing, which saw a 47% year-over-year increase, and hydrogen-based technologies, which surged by 123%.
  • Jewelry and investment growth: Jewelry demand for platinum rose by 7% globally, with standout performances in India (28% growth) and Japan (8% growth), reflecting both export activity and rising consumer interest (https://ibn.fm/RDqwg). In addition, investment in platinum saw significant increases, particularly in China, where purchases of large bullion bars drove a 40% year-over-year rise (https://ibn.fm/ZoHhP).
  • Emerging markets and technological applications: The Asia-Pacific region dominated the market, supported by rapid growth in electronics manufacturing and expanding automotive production, while PGMs continue to play a pivotal role in green energy, particularly in hydrogen fuel cells and electrolysis, where demand has grown substantially.

All this spells good news for Platinum Group Metals, an emerging player in the PGM mining and exploration sector that is capitalizing on these trends. The company, which focuses on developing low-cost, sustainable mining operations, has made significant strides this year, particularly through its Waterberg Project in South Africa. As a large-scale PGM, copper and nickel mining initiative, the Waterberg Project progressed through several key phases in 2024. The project aligns with the growing global demand for sustainable mining practices and clean-energy applications. Notable recent advancements include the completion of infill and exploration drilling, resource development, updated resource and reserve estimates, and an updated Definitive Feasibility Study, solidifying the project’s potential as a major, low-cost supplier of PGMs.

Looking ahead, Platinum Group Metals Ltd. is poised to benefit from expected sustained demand for PGMs and base metals in the automotive, industrial and green-energy sectors. With the global push for cleaner technologies and increasing interest in hydrogen fuel cells, the company’s Waterberg Project and ongoing initiatives will play a critical role in meeting market needs. By aligning its operations with global sustainability goals and technological advancements, the company is setting itself up for long-term success in an evolving market landscape.

For more information, 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 – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Reports Increased Gold Resources at Grey Fox Deposit

Posted on February 3, 2025 by MissionIR

McEwen Mining (NYSE: MUX) (TSX: MUX) announced a significant increase in estimated gold resources at the Grey Fox deposit within its Fox Complex as of Dec. 31, 2024, compared to its 2021 estimate. The discovery cost averaged $14.46 per ounce, with new exploration drilling and higher gold prices contributing to the resource expansion. The updated resource estimate reflects a lower cut-off grade due to gold price adjustments from $1,750 to $2,000 per ounce. Chairman Rob McEwen stated that the expanded resources will support increased annual production and extended mine life. A full resource update is expected in the coming weeks.

To view the full press release, visit https://ibn.fm/7czX9

 About McEwen Mining Inc.

McEwen Mining is a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina. In addition, the company owns approximately 47.7% of McEwen Copper, which is developing 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 the share price and providing a yield. Rob McEwen, chair and chief owner, has a personal investment in the company of $220 million and takes an annual salary of $1. To learn more about the company, visit www.McEwenMining.com.

NOTE TO INVESTORS: The latest news and updates relating to MUX are available in the company’s newsroom at https://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
Austin, Texas
www.MissionIR.com
512.354.7000 Office
[email protected]

MissionIR is powered by IBN

Posted in Small Cap News | Leave a comment

AI Alliance in Europe Announces LLM to Rival DeepSeek and Silicon Valley

Posted on February 3, 2025 by MissionIR

As the AI dominance of Silicon Valley comes under attack from upstarts like DeepSeek, an alliance in Europe is planning to up the ante with its ambition to come up with European-grown alternatives that are as good as or even better than the existing artificial intelligence options.

The project, dubbed OpenEuroLLM, aims to develop next-gen open source Large Language Models to enable the continent to have leaders in the digital age and to make public services across the continent have access to cutting-edge tools that are homegrown. The alliance will create foundation models which support the languages on the continent and will be accessed by public service providers, commercial entities, industrial actors and academia.

More than 20 leading research companies, institutions and HPC (high performance computing) centers on the continent have signed up to this initiative. The project is being led by Jan Hajic, Charles University’s world-famous computational linguist. He will be assisted by Peter Sarlin, who co-founded Silo AI, which was the subject of a $665m acquisition by U.S.-based chipmaker AMD in 2024. Silo AI has the distinction of being the largest private artificial intelligence lab in Europe.

The project has the support of the European Commission and could well be the largest-ever such undertaking by the EU. Salin revealed that OpenEuroLLM is unique because it incorporates actors from across the continent, which is fertile ground for coming up with really groundbreaking innovations that can easily be scaled. He says that this approach is better than having different scattered actors working on different small projects around the continent. This concentrated effort, he adds, can build open AI models for the continent in ways which will facilitate innovation at scale.

Salin said that OpenEuro LLM currently has a $53.2 million budget. It also has commitments of computational power whose monetary value exceeds the cash budget of the alliance.

Funding for the alliance was secured from an EU scheme designed to support investments in technologies deemed to be of strategic importance to the continent. The European Commission has also provided funding. The EU is particularly interested in this project because it aligns with the EU’s objective of fortifying the digital sovereignty of the continent.

The alliance has opted for an open model of AI development so that the data, software and models can be accessed by any interested party that wishes to evaluate it. This approach also makes it easier to tailor the solutions to the needs of specific industries in ways that preserve the cultural and linguistic diversity of the continent.

More such projects are bound to be announced as nationalism in the tech field grows around the world. The need for metals like copper, gold and silver will consequently increase as AI infrastructure is established to actualize the ambitions of different countries and blocs. Companies like McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) producing these metals are bound to benefit from ever-rising demand.

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 – Annovis Bio Inc. (NYSE: ANVS) Prices $21 Million Public Offering

Posted on February 3, 2025 by MissionIR

Annovis Bio (NYSE: ANVS), a late-stage clinical drug platform company developing treatments for neurodegenerative diseases, has priced an underwritten public offering of 5.25 million shares of common stock and warrants at a combined price of $4 per share. The warrants, exercisable at $5 per share for five years, are expected to generate gross proceeds of $21 million before deducting expenses. ThinkEquity is the sole book-running manager. The offering is set to close Feb. 4, 2025, subject to customary conditions, with proceeds primarily allocated to working capital and further clinical development of its lead drug candidate, Buntanetap.

To view the full press releases, visit https://ibn.fm/rPn94 and https://ibn.fm/5lESN

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
Austin, Texas
www.MissionIR.com
512.354.7000 Office
[email protected]

MissionIR is powered by IBN

Posted in Annovis Bio Inc. ANVS | Leave a comment

MissionIRNewsBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Joins Forces to Fuel Saudi Vision 2030

Posted on January 31, 2025 by MissionIR

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) was featured in a recent article that discussed its positioning amid Saudia Arabia’s ambition to establish itself as a global hub for mining, tapping into mineral wealth valued at more than $1.3 trillion. “Saudi Arabia is accelerating its efforts to diversify its economy, recently announcing more than $9 billion in new mining and metals agreements. Outlined during the 28th World Investment Conference in Riyadh, these deals are pivotal to the kingdom’s Vision 2030 initiative, aimed at reducing its dependence on oil and fostering growth in other industries,” the article reads.

“One of the noteworthy agreements from the conference is a memorandum of understanding (‘MOU’) between Platinum Group Metals, majority owner and operator of the Waterberg PGM Project in South Africa, Ajlan & Bros Mining, a prominent Saudi-based firm, and the Ministry of Investment of Saudi Arabia (‘MISA’). The agreement, signed under the Global Supply Chain Resilience Initiative, envisions a state-of-the-art platinum group metals (‘PGM’) smelter (‘PGM Smelter’) and base metal refinery (‘BMR’) to be located in Saudi Arabia… The partnership exemplifies the global trend toward collaborative ventures that address supply chain vulnerabilities and environmental challenges. The development of the PGM Smelter and BMR would not only benefit Saudi Arabia but also support investment in South Africa and contribute to the stability of global metal supplies, especially for industries reliant on platinum, palladium and rhodium.”

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

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
Austin, Texas
www.MissionIR.com
512.354.7000 Office
[email protected]

MissionIR is powered by IBN

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

New Strategic Partnership Enhances Growth Potential for SuperCom Ltd. (NASDAQ: SPCB) EM Tracking Solutions

Posted on January 31, 2025 by MissionIR
  • Public safety technology developer SuperCom has seen a record pace of new contract acquisition in the United States since August as awareness of its electronic monitoring (“EM”) solutions increases
  • A new strategic partnership contract with an established multi-state EM service provider is expected to accelerate the growth further, beginning with a focus on the Northeast U.S. region
  • SuperCom’s technologies provide a variety of options for the supervision of offenders in the criminal justice system, but the company is particularly focused on enhancing public safety in domestic violence situations
  • The company’s acquisition of 20 new U.S. contracts in recent months, including six states where SuperCom had not operated before, unlocks the potential for Americans to have greater peace of mind about reducing repeat domestic violence offenses

Public safety technology innovator SuperCom (NASDAQ: SPCB) is announcing a strategic partnership for placing its electronic monitoring (“EM”) offender tracking solution. The company expects this partnership to further support the rapidly growing adoption of its solutions in U.S. markets.

SuperCom has been expanding into U.S. markets at a record pace for the company, signing 20 new contracts since last August. Six of the contract states are locations where the company’s products haven’t been used before (https://ibn.fm/2Vagt).

The new partnership is with an established multi-state electronic monitoring service provider that has a wide market presence. The collaboration includes an agreement to introduce SuperCom’s advanced PureSecurity Suite EM solutions to both new and existing law enforcement programs in multiple new states, initially targeting high-impact opportunities in the Northeast.

“This partnership reflects the trust placed in SuperCom’s cutting-edge technology and our ability to deliver transformative results,” SuperCom President and CEO Ordan Trabelsi stated in the company’s announcement (https://ibn.fm/ffwwI). “By collaborating with an established industry player, we are further advancing the modernization of electronic monitoring programs across the U.S. … With over 30 years of industry experience, the service provider’s selection of SuperCom’s technology over others can resonate strongly with potential customers.”

SuperCom has focused its marketing strategy on European and North American nations. Growing within the United States has been particularly important because the U.S. prison population rate per 100,000 people is the highest in the world, according to a 2023 study, while a separate report showed a recidivism (repeat offender arrests) rate of about 75% among released prisoners within five years (https://ibn.fm/Z1lP7).

The use of EM tracking of suspects and convicted offenders released from incarceration on a supervision agreement is growing in popularity worldwide. Many nations, large and small, are finding value in the cost savings of favoring house arrest over expanded jail space and in supervised re-entry to the community of offenders, thereby gaining a potential rehabilitative benefit from maintaining their normal work, school, and family relations.

The company’s PureSecurity Suite products include the best-of-breed one-piece tracking bracelet that has been branded PureOne and its accompanying mobile app monitoring technology branded PureShield, which are particularly attuned to enhancing public safety in domestic violence situation. Other complementary elements further the suite’s monitoring capabilities for a variety of needs.

Together, PureOne and PureShield use GPS, cellular, Wi-Fi and Bluetooth technologies to discreetly show the location of both the victim and the offender in domestic violence cases. Once boundaries established by the legal system are included in the programming, both law enforcement and potential victims are alerted if zoning breaches occur, using the wide availability of personal smartphones to ease service accessibility.

“SuperCom’s solutions are setting a new standard in the electronic monitoring industry. By displacing incumbent players time after time, we are better positioned to meet the growing demand for scalable and impactful public safety solutions,” Trabelsi stated.

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

MissionIRNewsBreaks – Thumzup (NASDAQ: TZUP) Expands Bitcoin Holdings to Over 19 BTC

Posted on January 31, 2025 by MissionIR

Thumzup (NASDAQ: TZUP) announced that its board has approved allocating up to 90% of its surplus cash into Bitcoin as part of its “Treasury Asset Strategy” (“TAS”), first outlined Nov. 15, 2024. The company sees Bitcoin as a long-term store of value and a key asset class for financial stability and shareholder growth. CEO Robert Steele praised President Trump’s recent executive order on digital financial technology, which directs federal agencies to review and potentially rescind cryptocurrency regulations. Thumzup also plans to begin paying gig-economy workers in Bitcoin in the coming weeks while ensuring compliance with applicable regulations.

To view the full press release, visit https://ibn.fm/d0ThG

 About Thumzup®

Thumzup Media Corporation is democratizing the multi-billion dollar social media branding and marketing industry. Its flagship product, the Thumzup platform, utilizes a robust programmatic advertiser dashboard coupled with a consumer-facing App to enable individuals to get paid cash for posting about participating advertisers on major social media outlets through the Thumzup App. The easy-to-use dashboard allows advertisers to programmatically customize their campaigns. Cash payments are made to App users/creators through PayPal and other digital payment systems.

Thumzup was featured on CBS Los Angeles and in KTLA.

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

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
Austin, Texas
www.MissionIR.com
512.354.7000 Office
[email protected]

MissionIR is powered by IBN

Posted in Thumzup Media Corp. TZUP | Leave a comment

MissionIRNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Featured in New Video Series by Allan Barry Laboucan

Posted on January 30, 2025 by MissionIR

McEwen Mining (NYSE: MUX) (TSX: MUX), an asset rich diversified gold and silver producer with a large exposure to copper through its McEwen Copper subsidiary, was recently featured in a new video series launched by Allan Barry Laboucan called “Insights into Drilling.”

Allan has spent 30 years of his life watching drill results, drill programs, drill models and reasons for drilling. He sees it as the lifeblood of the mining business.

In an email to subscribers introducing the first video of the series, he wrote, “McEwen Mining has catalysts from their world-class copper development project, strong improvement to their bottom line from gold mines and transformative gold exploration potential.”

To view the full video on YouTube, visit https://ibn.fm/4sWl8

About McEwen Mining

McEwen Mining is a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina. In addition, the company owns approximately 47.7% of McEwen Copper, which is developing 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 the share price and providing a yield. Rob McEwen, chair and chief owner, has a personal investment in the company of $225 million and takes an annual salary of $1. To learn more about the company, visit www.McEwenMining.com.

NOTE TO INVESTORS: The latest news and updates relating to MUX are available in the company’s newsroom at https://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
Austin, Texas
www.MissionIR.com
512.354.7000 Office
[email protected]

MissionIR is powered by IBN

Posted in McEwen Mining Inc. MUX | Leave a comment

MissionIRNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Expands U.S. Battery Production with Nikola Equipment Purchase

Posted on January 30, 2025 by MissionIR

Mullen Automotive (NASDAQ: MULN) announced the acquisition of additional battery line equipment from Nikola Corporation to enhance its Fullerton, California, battery operations. The facility, dedicated to producing next-generation American-made battery packs and solid-state polymers, will now include two high-volume standard battery chemistry lines, a solid-state polymer R&D line, and an expanded testing laboratory. The move aligns with Mullen’s commitment to domestic battery production and reduced reliance on foreign imports. The company has also submitted a revised plan to the U.S. Department of Energy, seeking $55 million in matching funds to support its U.S.-based battery and pack manufacturing capabilities.

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

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.

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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

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SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Seals $49.5M USD Deal with Qcells for Four Major Solar Projects in New York

Posted on January 29, 2025 by MissionIR
  • The projects, totaling 25.577 MW, will be developed as community solar initiatives, with SolarBank managing the construction, operation and maintenance of the projects.
  • The projects will use U.S.-manufactured equipment, aligning with Qcells’ investment in domestic solar production, while incentives from New York’s NY-Sun Program will further enhance the projects’ viability.
  • Qcells is investing nearly $2.8 billion USD into boosting U.S. domestic solar manufacturing and innovation to support and accelerate the U.S. clean energy transition.

Disseminated on behalf of SolarBank Corporation

SolarBank (NASDAQ: SUUN) (CSE: SUNN) (NEO: SUNN) (FSE: GY2), a premier developer and owner of renewable and clean energy projects, specializing in distributed and community solar initiatives throughout Canada and the U.S., has sealed a $49.5 million USD transaction with Qcells, one of the world’s leading clean energy companies, for the acquisition of four ground-mount solar power projects that are under development in upstate New York (https://ibn.fm/A9JcD).

The projects, collectively generating 25.577 MW of solar energy, mark a significant collaboration between SolarBank and Qcells, underscoring a shared commitment to clean energy solutions. The Gainesville, Hardie, Rice Road, and Hwy 28 projects, are part of SolarBank’s ongoing initiative to develop ground-mount solar power sites. SolarBank originated the sites and facilitated their development through a completed Coordinated Electric System Interconnection Review (“CESIR”).

Once operational, these projects will function as community solar initiatives. This model allows renters and homeowners to subscribe to the projects and earn credits on their electricity bills based on the clean energy generated. This approach democratizes access to renewable energy without requiring individual installations. Community solar projects like these play an essential role in addressing energy accessibility and affordability, particularly in regions where installing solar panels on individual properties may not be feasible.

The projects will also benefit from New York State Energy Research and Development Authority (“NYSERDA”) incentives under the NY-Sun Program. These incentives are designed to accelerate the adoption of solar energy and reduce installation costs, enhancing the financial viability of renewable energy projects.

The partnership also highlights Qcells’ ongoing investment in the U.S. solar supply chain. With a commitment of $2.8 billion USD to onshore production, Qcells aims to strengthen domestic manufacturing, from solar panel components to finished products.

Qcells is a subsidiary of South Korea’s Hanwha Solutions and is widely recognized for its established reputation as a manufacturer of high-performance, high-quality solar cells and panels, portfolio of intelligent storage systems, and growing international pipeline of large-scale renewable energy projects. The company is headquartered in Seoul, South Korea, and operates diverse international manufacturing facilities in the U.S., Malaysia and South Korea.

“At Qcells, we are dedicated to delivering clean, affordable energy solutions to communities nationwide and around the globe,” said Jin Han, Corporate Officer, Head of Distributed Energy at Qcells North America. “With a commitment of nearly $2.8 billion, we are working hard to onshore production of the solar supply chain from ingots and wafers to cells and finished panels. Each step we take strengthens domestic solar manufacturing, drives the clean energy transition and brings us closer to a sustainable future for all.”

Under the terms of the agreement, SolarBank’s responsibilities extend beyond the sale of the projects. The company will oversee their construction through engineering, procurement and construction (“EPC”) agreements, and will retain operational management post-completion. This integrated approach ensures project quality and long-term performance.

The deal also aligns with SolarBank’s strategic focus on leveraging U.S.-based manufacturing to advance clean energy projects. “I am extremely pleased to have entered into this transaction with Qcells. Qcells is making a substantial investment in U.S. domestic manufacturing for solar panels and SolarBank is excited to be supporting them in developing these four projects using made in the USA equipment,” said Dr. Richard Lu, Chief Executive Officer of SolarBank.

This transaction is part of a broader trend toward renewable energy adoption as companies like SolarBank and Qcells innovate to meet growing energy demands sustainably. With its extensive renewable energy expertise, SolarBank already has an impressive portfolio of renewable energy initiatives including more than 100 megawatts of developed capacity and a pipeline exceeding one gigawatt.

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

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

There are several risks associated with the development of the Projects. The development of any project is subject to required permits, the continued availability of third-party financing arrangements for Qcells, the risks associated with the construction of a solar energy project. In addition, governments may revise, reduce or eliminate incentives and policy support schemes for solar energy projects, which could result in future projects no longer being economic. Qcells will pay the purchase price for the Projects, and construction costs under the EPC agreements, in stages. If Qcells does not obtain the necessary financing, the Company is obligated to reacquire the projects subject to retention of an initial payment. This report contains forward looking information. Please refer to https://ibn.fm/G76GJ for additional discussion of the assumptions and risk factors associated with the projects and statements made in this report.

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

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Posted in SolarBank Corp. SUUN | Leave a comment