Coil | Jotup

Kiplin Metals Retains Contractor for Exploration Program on the Cluff Lake Road (“CLR”) Uranium Project, Saskatchewan

Retrieved on:

Dienstag, April 18, 2023

CLR, HT, Geology, EM, TEM, PLN, National instrument, Coil, Fission Uranium Corp., National Instrument 43-101, Uranium mining, Rare-earth element, F3

VANCOUVER, British Columbia, April 18, 2023 (GLOBE NEWSWIRE) -- Kiplin Metals Inc. (TSX-V: KIP) (the “Company” or “Kiplin”) has appointed Grander Exploration to carry out the upcoming phase of exploration at the Cluff Lake Road (“CLR”) uranium project.

Key Points:

VANCOUVER, British Columbia, April 18, 2023 (GLOBE NEWSWIRE) -- Kiplin Metals Inc. (TSX-V: KIP) (the “Company” or “Kiplin”) has appointed Grander Exploration to carry out the upcoming phase of exploration at the Cluff Lake Road (“CLR”) uranium project.
The project is located in northwestern Saskatchewan and is surrounded by F3 Uranium Corp.'s (formerly Fission 3.0) (“F3”) highly acclaimed Patterson Lake North (PLN) project.
The western boundary of the Company’s CLR property is shared with F3's adjacent "North Conductor Complex", which trends South-Southeast and extends onto the CLR property.
Grander Exploration and Company personnel are evaluating the most effective type of geophysical surveys to undertake on the CLR property.

NIPPON KINZOKU has Commercialized Small-Diameter Tubes with “Inner Surface Precision”

Retrieved on:

Dienstag, April 18, 2023

Machine Tools, Metalworking & Metallurgy, Technology, Manufacturing, Other Technology, Other Manufacturing, Hardware, Steel, Drawing, LTD, Multimedia, Coil, Behavior, Canning, Rolling (metalworking)

(TOKYO: 5491) (Headquarters: Minato-ku, Tokyo) announced it has commercialized a "high-precision inner surface" small-diameter pipe (fine pipe) with an inner diameter of φ0.5mm.

Key Points:

(TOKYO: 5491) (Headquarters: Minato-ku, Tokyo) announced it has commercialized a "high-precision inner surface" small-diameter pipe (fine pipe) with an inner diameter of φ0.5mm.
View the full release here: https://www.businesswire.com/news/home/20230418005004/en/
The inner surface roughness is greatly improved compared to conventional products and the inner surface has a good shape close to a perfect circle.
This time, we have established a new manufacturing method that produces a good inner surface even with an inner diameter of 0.5 mm.
Precision pipes (fine pipes) with the optimum quality (inner surface roughness, roundness, straightness, dimensional accuracy, etc.)

Exro Announces Strategic Partnership with Top Three Global Motor Manufacturer, Wolong Electric Group

Retrieved on:

Montag, April 17, 2023

Partnership, Mercedes-Benz, EV, Marketing, Electronics, Torque, DC, AB, NDA, Light, Brain, AC, Sale, Outline, Xishan Coal Electricity Group, Coil, Physics, TSX, Commercial, OEM, Family, Electric motor, Automotive industry, ZF

"We are excited to welcome Wolong as a strategic motor partner," said Exro CEO Sue Ozdemir.

Key Points:

"We are excited to welcome Wolong as a strategic motor partner," said Exro CEO Sue Ozdemir.
Wolong Electric Group is a world-famous industrial automation solution supplier and one of world's top three motor manufacturers.
Wolong's EV motor division was established in 2011, concentrating on R&D, manufacturing, and sales of electric vehicle motors.
The power controller inside every electric vehicle is called an inverter, which is essentially the brain between the battery and the electric motor.

Exro Announces Executive Chairman Stepping Down and Appointment of Interim Chairman Rod Copes

Retrieved on:

Donnerstag, April 6, 2023

Interim, Copes, AB, History, Australian Road Research Board, Harley-Davidson, Retirement, Coil, Cell, TSX, Growth, Management, Rivian

In conjunction with Mr. Godsy's decision, the Board has elected Director Rod Copes to the position of Interim Chairman.

Key Points:

In conjunction with Mr. Godsy's decision, the Board has elected Director Rod Copes to the position of Interim Chairman.
Copes' career of operational and commercial excellence will provide Exro with the guidance needed for its upcoming stages of growth.
"Serving Exro as Board Chairman has been the honour, as well as the experience of a lifetime", said Godsy.
Rod Copes, Interim Chairman added: "I am delighted to expand my role at Exro after working closely with Sue and the rest of the team since I joined the Board.

Exro Technologies Announces Fourth Quarter 2022 Financial Results

Retrieved on:

Freitag, März 31, 2023

CALGARY, AB, March 30, 2023 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed new generation power control electronics that expand the capabilities of electric motors and batteries, is pleased to announce today its financial results for the year-ended December 31, 2022.

Key Points:

CALGARY, AB, March 30, 2023 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed new generation power control electronics that expand the capabilities of electric motors and batteries, is pleased to announce today its financial results for the year-ended December 31, 2022.
On October 5, 2022, Exro announced the signing of a new product development agreement with a major global automotive equipment supplier.
In Q4 2022, Exro also announced the completion of phase one of its integrated e-axle program with Linamar Corporation by providing 800V Coil Driver™ samples.
Additionally, effective March 13, 2023, Exro announces the retirement of Mr. Frank Borowicz from the Company's Board of Directors.

Exro Announces Signing of Strategic Partnership MoU with European-Based Global Automotive Industry Supplier

Retrieved on:

Montag, Februar 27, 2023

Marketing, TSX, DC, Partnership, Brain, Mining, NDA, OEM, Torque, Electronics, Outline, AC, AB, MST, Physics, Rail transport, Electric motor, Coil

Headquartered in Europe with over 25,000 employees worldwide, the partner is a market leader in environmentally sustainable mobility for large-scale automotive OEM customers.

Key Points:

Headquartered in Europe with over 25,000 employees worldwide, the partner is a market leader in environmentally sustainable mobility for large-scale automotive OEM customers.
The partnership aligns directly with Exro's targeted go-to-market strategy for its patented Coil Driver™ technology, partnering with leading global tier-1 automotive suppliers that accelerate and amplify Exro's market presence.
"We are absolutely thrilled to welcome our next strategic partner," said Exro CEO Sue Ozdemir.
Target customers for the partnership's motor-inverter powertrain solutions include large scale automotive original equipment manufacturers ("OEM's") in Europe and North America.

Friedman Industries, Incorporated Announces Third Quarter Results and Provides Near-Term Outlook

Retrieved on:

Donnerstag, Februar 9, 2023

U.S. Steel, Holiday, Natural gas, Coil

Inventory tons sold increased from approximately 29,000 tons in the 2021 quarter to approximately 106,000 tons in the 2022 quarter.

Key Points:

Inventory tons sold increased from approximately 29,000 tons in the 2021 quarter to approximately 106,000 tons in the 2022 quarter.
The average per ton selling price of coil segment inventory decreased from approximately $1,899 per ton in the 2021 quarter to approximately $949 per ton in the 2022 quarter.
Coil segment operations recorded an operating profit of approximately $3,259,000 for the 2022 quarter compared to an operating loss of approximately $4,032,000 for the 2021 quarter.
Tubular segment sales for the 2022 quarter totaled $11,629,092 compared to $9,860,357 for the 2021 quarter.

Exro Releases Q1 2023 Letter to Shareholders

Retrieved on:

Dienstag, Januar 17, 2023

Cell, AB, Coil, TSX, Electronics, Mobile phone, Airline, Lithium

CALGARY, AB, Jan. 17, 2023 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro") a leading clean technology company that has developed new generation power electronics that expand the capabilities of motors in electric vehicles and batteries in stationary energy storage, is pleased to announce the release of a Q1 2023 letter to shareholders.

Key Points:

CALGARY, AB, Jan. 17, 2023 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro") a leading clean technology company that has developed new generation power electronics that expand the capabilities of motors in electric vehicles and batteries in stationary energy storage, is pleased to announce the release of a Q1 2023 letter to shareholders.
Since Exro's last Shareholder 'Live' Webcast on November 30, 2022, the company has made significant progress advancing commercialization efforts in preparation to begin series production of its Coil Driver™ and Cell Driver™ products in Q3 2023 and a significant ramp up of revenues.
The letter to shareholders outlines achievements made over the last six weeks, including new commercial agreements and partnerships, product and company updates, and the focus and goals for the upcoming year.

Exro Announces $15 million Bought Deal Offering of Secured Convertible Debenture Units

Retrieved on:

Montag, Dezember 5, 2022

CALGARY, Alberta, Dec. 05, 2022 (GLOBE NEWSWIRE) -- Exro Technologies Inc. (TSX: EXRO, OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, announces that it has entered into an agreement with Eight Capital, pursuant to which Eight Capital has agreed to purchase for resale, together with a syndicate of underwriters (together with Eight Capital, the “Underwriters”), on a bought deal private placement basis, 15,000 units of the Company ("Units") at a price of $1,000 per Unit, for gross proceeds of $15,000,000 (the "Placement"). Each Unit will consist of $1,000 principal amount senior secured convertible debenture (a "Debenture") and 416 common share purchase warrants of the Company (a "Warrant"), each having the terms described below.

Key Points:

Each Unit will consist of $1,000 principal amount senior secured convertible debenture (a "Debenture") and 416 common share purchase warrants of the Company (a "Warrant"), each having the terms described below.
This press release does not constitute an offer to sell or a solicitation of an offer to buy any Units within the United States.
The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.
Neither the TSX, nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this press release.

Friedman Industries, Incorporated Announces Second Quarter Results and Provides Near-term Outlook

Retrieved on:

Freitag, Dezember 2, 2022

Analysis, Steel, Financial condition report, Uncertainty, Policy, Government, COVID-19, Holiday, News, Growth, Result, Risk, Oil, Risk management, Coil

Inventory tons sold increased from approximately 43,000 tons in the 2021 quarter to approximately 106,500 tons in the 2022 quarter.

Key Points:

Inventory tons sold increased from approximately 43,000 tons in the 2021 quarter to approximately 106,500 tons in the 2022 quarter.
Tubular segment sales for the 2022 quarter totaled $19,970,196 compared to $14,246,968 for the 2021 quarter.
The tubular segment recorded operating profits of approximately $3,341,000 and $1,997,000 for the 2022 quarter and 2021 quarter, respectively.
The third quarter volume expectation is slightly lower than the second quarter volume due primarily to the impact of holidays during the third quarter of fiscal 2023.