Isotope

• WASHINGTON, April 11, 2024 (GLOBE NEWSWIRE) -- ASP Isotopes Inc. NASDAQ: ASPI ("ASPI,” or the “Company”), an advanced materials company dedicated to the development of technology and processes designed to produce isotopes used in multiple industries, today released the following letter to stockholders from its Chairman and CEO, Paul Mann.
• The contract required RC14 to provide an irrevocable standby letter of credit in lieu of a deposit, which was received.
• Our proprietary technology has proven capabilities to enrich a wide range of isotopes, including light isotopes and lighter molecules, such as silane (SiH4).
• ASP Isotopes’ goal is to become the lowest cost and most reliable supplier of stable isotopes globally.

• MIAMI, April 25, 2024 /PRNewswire/ -- Isobar Science performs high-quality boron isotope analysis in water samples for contaminant source tracking.
• Isobar Science uses high-quality boron isotope analysis in water for contaminant source tracking.
• Nonpoint source pollution comes from ill-defined sources, are difficult to regulate and usually vary spatially and temporally (e.g.
• Boron (δ11B) isotopes can provide insights into the location and source of excess nutrients entering the environment.

• One of the few Cretaceous age deposits that’s been discovered in Africa is at Botswana’s Orapa Diamond Mine.
• Recently a team I lead discovered two new species of rove beetles preserved in the sediments of the Orapa Diamond Mine.
• Rove beetles are typically identified by their unique short elytra (protective wing cases) which expose the rest of the abdomen.
• Our finds are the first fossil rove beetles ever discovered on the continent and in the southern hemisphere.
• The fossils closely resemble today’s rove beetles, showing how successful they’ve been in adapting to various environments without significant changes to their bodies.

Identifying the fossils

• We found the fossils in lacustrine sediments (deposits that accumulate in lake environments).
• Afristenus orapensis belongs to the stenine rove beetle subgroup while Paleothius mckayi belongs to the subgroup staphylinine.
• The stenine rove beetle was previously described in Russia, France and Myanmar while the staphylinine rove beetle was previously described in Russia, China, Myanmar and England.
• So we scoured research articles about fossils of a similar age that have already been studied elsewhere for comparative purposes.

More to find

• We are currently studying each specimen and preparing academic manuscripts that describe what we’ve found.
• My hope is that more money will be invested in training more palaeoentomologists in South Africa and on the continent more broadly.
• The study of fossil insects and plants is an important way to preserve our beloved continent’s heritage.

Sandiso Mnguni receives funding from GENUS (Centre of Excellence in Palaeosciences - UID 86073). He is affiliated with the Sophumelela Youth Development Programme (SYDP).

• The Company believes the structure of this transaction will result in substantially less fees, costs and dilution than may occur in other capital raising transactions, such as an underwritten offering of common stock or a private placement priced at a discount.
• “We took the opportunity to do this transaction because we view it as an attractive means of raising additional capital; $5.5 million for 1.225 million new warrants is effectively $4.50 per share with minimal transaction costs,” said Paul Mann, Chairman and CEO of ASP Isotopes.
• The offering is expected to close on or about April 11, 2024.
• The Company has agreed to file a registration statement with the SEC covering the resale of common shares issuable upon exercise of the New Warrants.