Project

Euro Manganese Announces Offtake Term Sheet with Verkor

Retrieved on: 
Wednesday, January 11, 2023

VANCOUVER, British Columbia, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the "Company" or "EMN") is pleased to announce it has entered into an offtake term sheet (the "Term Sheet") with Verkor, a low-carbon battery manufacturer based in Grenoble, France, for the sale of high-purity manganese sulphate monohydrate ("HPMSM") from the Company’s Chvaletice Manganese Project ("Chvaletice" or the "Project") in the Czech Republic.

Key Points: 
  • VANCOUVER, British Columbia, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the "Company" or "EMN") is pleased to announce it has entered into an offtake term sheet (the "Term Sheet") with Verkor, a low-carbon battery manufacturer based in Grenoble, France, for the sale of high-purity manganese sulphate monohydrate ("HPMSM") from the Company’s Chvaletice Manganese Project ("Chvaletice" or the "Project") in the Czech Republic.
  • This Term Sheet is the Company’s first term sheet for a long-term offtake.
  • Dr. Matthew James, President & CEO of Euro Manganese, commented:
    “This is a major milestone for Euro Manganese and for the European battery value chain.
  • I am immensely proud of the team and their hard work in negotiating the first long-term offtake term sheet, with a pricing structure, from a Western supplier in the high-purity manganese market.

Osisko Development Files Technical Report For The Cariboo Gold Project

Retrieved on: 
Wednesday, January 11, 2023

MONTREAL, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") announces that the Company has filed a technical report, in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101"), for the Company's 100%-owned Cariboo Gold Project ("Cariboo" or the "Project"), titled "Feasibility Study for the Cariboo Gold Project, District of Well, British Columbia, Canada" (the "Technical Report") and dated January 10, 2023 (with an effective date of December 30, 2022).

Key Points: 
  • MONTREAL, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") announces that the Company has filed a technical report, in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101"), for the Company's 100%-owned Cariboo Gold Project ("Cariboo" or the "Project"), titled "Feasibility Study for the Cariboo Gold Project, District of Well, British Columbia, Canada" (the "Technical Report") and dated January 10, 2023 (with an effective date of December 30, 2022).
  • The Technical Report was prepared and compiled for Osisko Development by independent representatives of BBA Engineering Ltd. and supported by independent consulting firms, including InnovExplo Inc., SRK Consulting (Canada) Inc., Golder Associates Ltd. (amalgamated with WSP Canada Inc. on January 1, 2023, to form WSP Canada Inc.), WSP USA Inc., Falkirk Environmental Consultants Ltd., Klohn Crippen Berger Ltd., KCC Geoconsulting Inc., and JDS Energy & Mining Inc., each of whom is a "qualified person" (within the meaning of NI 43-101), as reported in the Company's news release dated January 3, 2023.
  • The Technical Report supersedes the prior technical report on the Project dated May 24, 2022.

Prime Drills Multiple Wide, High-Grade Intercepts in Z-T Area Including Bonanza-Grade Intervals

Retrieved on: 
Wednesday, January 11, 2023

In addition to the significant intercepts shown above, Prime has released the full current assay table for the Z-T area (Link 2 above).

Key Points: 
  • In addition to the significant intercepts shown above, Prime has released the full current assay table for the Z-T area (Link 2 above).
  • Included in these results are intersections of various structures, including previous underground workings.
  • Highlights and significant intercepts shown above only include what has been interpreted as in-situ material, and do not include any assayed backfill material.
  • After logging intervals are identified to be sampled and split, and one half is submitted for assay.

Galexxy’s Wellbeing Farms Subsidiary Finalizes its Product Supply Agreement for Chicago Market

Retrieved on: 
Wednesday, January 11, 2023

CALIFORNIA, Newport Beach, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Galexxy Holdings Inc., (“Galexxy”) (OTC: GXXY) is pleased to announce that its 100% owned subsidiary, Wellbeing Farms LLC, (“WellBeing,” “WBF”) has executed an exclusive Supply Agreement with AMM Distributors Inc., (“AMM”).

Key Points: 
  • CALIFORNIA, Newport Beach, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Galexxy Holdings Inc., (“Galexxy”) (OTC: GXXY) is pleased to announce that its 100% owned subsidiary, Wellbeing Farms LLC, (“WellBeing,” “WBF”) has executed an exclusive Supply Agreement with AMM Distributors Inc., (“AMM”).
  • This product Supply Agreement supports WBF’s recently signed lease agreement in December 2022 for 40 Smart Vending Kiosks being installed in licensed outlets in the Chicago area.
  • The Smart Kiosks which have advanced software and age verification capability will offer a range of CBD products including gummies, vapes and tinctures.
  • Under the terms of this Supply Agreement, Wellbeing has retained the right to stock 50% of each Kiosk’s vending capacity for direct retail sales of its own Wellbeing Farms house brand, at full profit margin.

ZICIX+CTIP-FII SIGNS CONTRACT WITH IFCI TO DEVELOP $20 MILLION SENIOR CITIZENS RESIDENCE PROJECT IN NEWARK, NEW JERSEY

Retrieved on: 
Tuesday, January 10, 2023

ZICIX+CTIP-FII assisted IFCI in all these arrangements, including the conditions imposed upon by DEHD to finally transfer the ownership of the property to IFCI.

Key Points: 
  • ZICIX+CTIP-FII assisted IFCI in all these arrangements, including the conditions imposed upon by DEHD to finally transfer the ownership of the property to IFCI.
  • In the contract between IFCI and ZICIX+CTIP-FII, the latter’s role, obligations and responsibilities are defined in the contract, in its role as the Project Developer.
  • In addition, the Project Developer creates and proposes to the Project Owner, the right financial structure for the Project.
  • The contract between IFCI and ZICIX+CTIP-FII includes the option of ZICIX+CTIP-FII to invest into Project by acquiring partial ownership interest into PSRC.

Integra Announces Oxide Drill Results: 0.52 G/T Gold Equivalent Over 102 M and 0.97 G/T Gold Equivalent Over 24 M From Delamar Stockpile Drill Program, 1.38 G/T Gold Equivalent Over 67 M in Metallurgical Drilling

Retrieved on: 
Tuesday, January 10, 2023

Drill results from DeLamar stockpile drill program include:

Key Points: 
  • Drill results from DeLamar stockpile drill program include:
    The Company also announces drill results from metallurgical drill holes at DeLamar, including:
    The 11,000 m stockpile drill program at DeLamar continues to meet or exceed expectations in regard to grade and intercept.
  • To date, the Company has tested the North DeLamar backfill, Stockpile 1 and Stockpile 2.
  • In total the Company has drilled 3,980 m in 86 drill holes as part of this drill program.
  • The drill results announced today are from a metallurgical drill program at DeLamar as well as 24 additional drill holes from the 11,000 m stockpile drill program at the Project.

Leading Edge Materials Reports Warrant Exercise and Provides Corporate Update

Retrieved on: 
Monday, January 9, 2023

Upon closing of the exercise, Mr. Krafft will hold 38% of the issued and outstanding common shares of Leading Edge Materials, and 42% of the common shares on a fully diluted basis.

Key Points: 
  • Upon closing of the exercise, Mr. Krafft will hold 38% of the issued and outstanding common shares of Leading Edge Materials, and 42% of the common shares on a fully diluted basis.
  • There is strong support from the shareholder base and the Board is committed to avoid dilutive equity financings at these levels.
  • Leading Edge Materials is currently in the process of undertaking the Natura2000 environmental study for project which is expected to highlight the much-reduced environmental footprint of the project as defined in the PEA.
  • Based on this, the PEA reports a Post-tax Net Present Value (NPV) of $248m using an 8% discount rate and IRR of 37.4%.

Revolve Announces Sale of 1,250MW of Utility Scale Solar and Storage Projects

Retrieved on: 
Wednesday, January 11, 2023

The sale of the Projects was completed pursuant to a share purchase agreement dated January 10, 2023.

Key Points: 
  • The sale of the Projects was completed pursuant to a share purchase agreement dated January 10, 2023.
  • The total consideration payable by ENGIE is within the range of guidance previously provided by the Company for the sale of utility scale development assets.
  • Steve Dalton, CEO of Revolve commented: "We are delighted to announce the sale of our Bouse and Parker solar & storage projects to ENGIE.
  • This is a significant transaction for the Company and marks the sale of our first utility scale projects from our US development portfolio.

Solas Energy® Provides Owner's Engineering Services for Swift Current Energy

Retrieved on: 
Tuesday, January 10, 2023

FORT COLLINS, Colo., Jan. 10, 2023 /PRNewswire-PRWeb/ -- Solas Energy is proud to announce that the firm is now providing Owner's Engineering Services (OES) and other related support to Swift Current Energy's growing portfolio of solar and wind energy projects. This includes the 790 MW Double Black Diamond Solar project in Illinois and the 197 MW Castle Gap Wind project in Texas.

Key Points: 
  • FORT COLLINS, Colo., Jan. 10, 2023 /PRNewswire-PRWeb/ -- Solas Energy is proud to announce that the firm is now providing Owner's Engineering Services (OES) and other related support to Swift Current Energy's growing portfolio of solar and wind energy projects.
  • "At Solas Energy, we make large renewable energy projects happen; when they do, families, local communities and entire regions benefit.
  • We are pleased to join forces with Swift Current Energy to do exactly that for nearly one gigawatt of new renewable energy projects.
  • Phillip Westerby, Chief of Project Execution at Swift Current Energy added, "As the developer and the long-term owner of our renewable energy projects, Swift Current Energy appreciates the wealth of experience and expertise Solas Energy contributes to our projects.

PUREWEST ISSUES REQUEST FOR PROPOSALS FOR THE PURCHASE OF CERTIFIED NATURAL GAS AND ASSOCIATED DIGITAL TOKENS

Retrieved on: 
Tuesday, January 10, 2023

DENVER, Jan. 10, 2023 /PRNewswire/ -- PureWest Energy, LLC ("PureWest"), an independent natural gas company based in Wyoming's Green River Basin, today announced a request for proposals (RFP) for the purchase of low-methane, freshwater-friendly certified natural gas. Buyers will also receive blockchain-based Certified Environmental Tokens™ (CETs) containing the environmental attributes associated with the certified gas, made possible through PureWest's recently announced collaboration with EarnDLT ("Earn") and Project Canary.

Key Points: 
  • DENVER, Jan. 10, 2023 /PRNewswire/ -- PureWest Energy, LLC ("PureWest"), an independent natural gas company based in Wyoming's Green River Basin, today announced a request for proposals (RFP) for the purchase of low-methane, freshwater-friendly certified natural gas.
  • Buyers will also receive blockchain-based Certified Environmental Tokens™ (CETs) containing the environmental attributes associated with the certified gas, made possible through PureWest's recently announced collaboration with EarnDLT ("Earn") and Project Canary.
  • Using book and claim accounting, buyers may use these digital tokens to offset their own environmental impacts, including reducing scope 3 emissions.
  • Scope 2 emissions can be prorated for an associated volume of gas and may also be offset.