NEWFOUNDLAND AND LABRADOR

Braya Renewable Fuels Commences Commercial Operations

Retrieved on: 
Thursday, February 22, 2024

Commercial production at Braya's refinery operations in Come By Chance, Newfoundland and Labrador, establishes Braya as one of the largest independently owned renewable fuel producers in the world

Key Points: 
  • Commercial production at Braya's refinery operations in Come By Chance, Newfoundland and Labrador, establishes Braya as one of the largest independently owned renewable fuel producers in the world
    COME BY CHANCE, NL, Feb. 22, 2024 /PRNewswire/ - Braya Renewable Fuels (Braya) is pleased to announce it has achieved commercial operations.
  • This marks the successful completion of its refinery conversion project and is the beginning of providing reliable renewable fuel for the energy transition.
  • "We are incredibly grateful for all of the hard work and dedication of the Braya team that has allowed us to achieve commercial operations at the refinery," said Todd O'Malley, Braya's Chief Executive Officer.
  • Braya anticipates initial production capacity of 18,000 barrels per day of renewable diesel, with future plans to expand production capacity, add sustainable aviation fuel production capabilities and explore green hydrogen production.

Sparrow BioAcoustics Announces the Launch of Stethophone™ - Bringing the Future of Personalized Heart Care Closer to Home

Retrieved on: 
Wednesday, February 14, 2024

ST. JOHN'S, NL, Feb. 14, 2024 /PRNewswire/ -- Sparrow BioAcoustics [Sparrow], a pioneer in the field of bioacoustics technology, announces the launch of Stethophone™, a groundbreaking advancement in personalized heart health, exclusively on Valentine's Day, February 14, 2024.

Key Points: 
  • ST. JOHN'S, NL, Feb. 14, 2024 /PRNewswire/ -- Sparrow BioAcoustics [Sparrow], a pioneer in the field of bioacoustics technology, announces the launch of Stethophone™, a groundbreaking advancement in personalized heart health, exclusively on Valentine's Day, February 14, 2024.
  • Stethophone works by harnessing the built-in microphone of a smartphone to capture the nuanced sounds of the heart.
  • Through sophisticated bioacoustics engineering, these sounds are then filtered to provide clear, medical-grade diagnostic signals - some of them at the outermost edges of human auditory perception.
  • "We are at the forefront of a revolution in personalized heart health," said Mark Attila Opauzsky, CEO of Sparrow BioAcoustics.

New Found Intercepts 7.56 g/t Au Over 13.4m & 15.4 g/t Au Over 5.0m, Extends the Near-surface High-grade Segment of Iceberg-Iceberg East to 655m

Retrieved on: 
Wednesday, February 14, 2024

Drill core is split in half using a diamond saw or a hydraulic splitter for rare intersections with incompetent core.

Key Points: 
  • Drill core is split in half using a diamond saw or a hydraulic splitter for rare intersections with incompetent core.
  • One-half of the core is kept as a witness sample and the other half is submitted for analysis.
  • Individual sample bags are sealed and placed into totes, which are then sealed and marked with the contents.
  • Drill core samples are shipped to ALS for sample preparation in Sudbury, Ontario, Thunder Bay, Ontario, or Moncton, New Brunswick.

Calibre Completes Acquisition of Marathon

Retrieved on: 
Wednesday, January 24, 2024

VANCOUVER, British Columbia, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (“Calibre” or the “Company”) and Marathon Gold Corporation (TSX: MOZ) (“Marathon”) are pleased to announce the successful completion of the previously announced transaction pursuant to which, among other things, Calibre acquired all of the issued and outstanding common shares of Marathon (the “Marathon Shares”) pursuant to a court-approved plan of arrangement (the “Arrangement”).

Key Points: 
  • VANCOUVER, British Columbia, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (“Calibre” or the “Company”) and Marathon Gold Corporation (TSX: MOZ) (“Marathon”) are pleased to announce the successful completion of the previously announced transaction pursuant to which, among other things, Calibre acquired all of the issued and outstanding common shares of Marathon (the “Marathon Shares”) pursuant to a court-approved plan of arrangement (the “Arrangement”).
  • Pursuant to the Arrangement, former Marathon shareholders received 0.6164 of a Calibre common share (each whole share, a “Calibre Share”) in exchange for each Marathon Share held.
  • As a result of the Arrangement, Calibre issued an aggregate of 249,813,422 Calibre Shares.
  • Upon closing of the Arrangement, existing Calibre and former Marathon shareholders own approximately 65% and 35% of the issued and outstanding Calibre Shares, respectively.

Vortex Energy Announces the Recommencement of its Drilling Program at the Robinsons River Salt Project, Newfoundland & Labrador

Retrieved on: 
Thursday, January 18, 2024

VANCOUVER, British Columbia, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Vortex Energy Corp. (CSE: VRTX | OTC: VTECF | FRA: AA3) ("Vortex” or the "Company") is pleased to announce that the core drilling program has now recommenced at its Robinsons River Salt Project (the “Project”) located near Stephenville, Newfoundland & Labrador.

Key Points: 
  • VANCOUVER, British Columbia, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Vortex Energy Corp. (CSE: VRTX | OTC: VTECF | FRA: AA3) ("Vortex” or the "Company") is pleased to announce that the core drilling program has now recommenced at its Robinsons River Salt Project (the “Project”) located near Stephenville, Newfoundland & Labrador.
  • The drilling program is once again being conducted by Major Drilling Group International Inc. (“Major Drilling”) under the support of the Company’s consultant partner, RESPEC Consulting Inc. (“RESPEC”).
  • During the drilling of core well one, the Company intersected salt rock top at a depth of 581.5 meters at the Western Salt Structure located within the Robinsons River Salt Project.
  • Paul Sparkes, Chief Executive Officer, commented, "We are excited to announce the recommencement of our drilling program.

Legal AI Startup Spellbook Raises $20M Series A Funding Round, Following 10x Revenue Growth

Retrieved on: 
Wednesday, January 24, 2024

Spellbook , the AI copilot for lawyers, today announced a $20M Series A funding round led by Inovia Capital.

Key Points: 
  • Spellbook , the AI copilot for lawyers, today announced a $20M Series A funding round led by Inovia Capital.
  • “​​We've been amazed by the explosive usage growth our platform has experienced, since launching Spellbook as the first generative AI contract drafting tool in 2022” shared Scott Stevenson, CEO and co-founder of Spellbook.
  • “This raise marks a major milestone for our team, and is indicative of the market traction we saw in 2023.
  • For example, Spellbook user Annie Haggar, Founder and Principal at Cyber GC, shared, “Every time I’m working on an agreement, I have Spellbook open.

Anteros Metals Acquires Haven Steady VMS Property and Announces Non-Brokered Private Placement

Retrieved on: 
Monday, January 15, 2024

St. John's, Newfoundland and Labrador--(Newsfile Corp. - January 15, 2024) - Anteros Metals Inc. ("Anteros" or the "Company") is pleased to announce that it has acquired the Haven Steady VMS Property (the "Property"), located in the Province of Newfoundland and Labrador.

Key Points: 
  • St. John's, Newfoundland and Labrador--(Newsfile Corp. - January 15, 2024) - Anteros Metals Inc. ("Anteros" or the "Company") is pleased to announce that it has acquired the Haven Steady VMS Property (the "Property"), located in the Province of Newfoundland and Labrador.
  • Located in a district with proven, large VMS deposits containing rich, Kuroko-style concentrations of copper, lead, zinc, and silver.
  • Complements the Company's Strickland VMS property, emphasizing Anteros' strategic focus on copper, zinc, and lead as critical minerals for project portfolio expansion and economic growth.
  • Trumbull Fisher, Company CEO, remarks, "We are thrilled with the addition of the Property to the Anteros portfolio.

Solace Power Recognized as a Top Workplace in Atlantic Canada 2024; Announces Strategic Partnership with Gentex Corporation

Retrieved on: 
Monday, January 15, 2024

"At Solace, the core of our strength is our people," stated Neil Chaulk, CEO of Solace Power, in reference to the award.

Key Points: 
  • "At Solace, the core of our strength is our people," stated Neil Chaulk, CEO of Solace Power, in reference to the award.
  • The company recently announced a partnership agreement with Gentex Corporation (NASDAQ: GNTX), a global leader in the automotive, aerospace, and fire protection industries.
  • The collaboration, which also brought a strategic investment by Gentex in Solace Power, is set to broaden the scope of development, manufacture, and commercialization of Solace's state-of-the-art wireless power systems in various sectors.
  • We are seeking passionate professionals ready to thrive in an award-winning workplace that celebrates excellence and innovation", added Colin Ryan, COO and CFO of Solace Power.

Fraser Institute News Release: Canada’s combined federal-provincial debt will approach $2.2 trillion in 2023/24

Retrieved on: 
Thursday, January 11, 2024

The study specifically measures net debt, which is a measure of the total debt of the federal and provincial governments minus financial assets held by the governments.

Key Points: 
  • The study specifically measures net debt, which is a measure of the total debt of the federal and provincial governments minus financial assets held by the governments.
  • The study finds that not only has Canada’s projected combined government debt (the federal debt and the provincial debt of all 10 provinces) nearly doubled since 2007/08, the year before the 2008 financial crisis, but the combined debt now equals 76.2 per cent of the Canadian economy.
  • Crucially, on a per person basis, the combined debt (including provincial debt plus a portion of the federal debt) this year ranges from a low of $42,293 in Alberta to a high of $67,471 in Newfoundland & Labrador.
  • “It’s important for Canadians to understand the magnitude of the country’s combined government debt because deficits and debt today result in higher taxes in the future,” said Fuss.

Calibre Delivers Record Full Year 2023 Gold Production of 283,494 Ounces, Exceeding the High End of Guidance; Setting Up for Stronger 2024 With Production Guidance of 275,000 – 300,000 Ounces

Retrieved on: 
Tuesday, January 9, 2024

Looking ahead to 2024, we foresee another robust year demonstrated by an increase in annual gold production guidance.

Key Points: 
  • Looking ahead to 2024, we foresee another robust year demonstrated by an increase in annual gold production guidance.
  • Throughout 2023, we accomplished numerous milestones as we continue to execute our corporate strategy of transitioning into a mid-tier gold producer.
  • These actions underline our commitment to transparency, accountability, and adherence to the highest standards of environmental and social responsibility.
  • I look forward to 2024 as we work to expand our business in Newfoundland & Labrador transitioning to a mid-tier gold producer in 2025.