LOI

Gold Ore Market Expected To Reach $26.96 Billion In 2027 as Significant Growth is Forecasted

Retrieved on: 
Thursday, September 7, 2023

/PRNewswire/ -- The majority industry reports project that the gold ore market should continue to see significant growth in the near and long future. Gold ore is a type of rock that contains gold mineral or particles in sufficient quantities to make it economically viable to mine and extract the gold.  A report from ReportLinker projected that: The global gold ore market is expected to grow from $16.03 billion in 2022 to $17.86 billion in 2023 at a compound annual growth rate (CAGR) of 11.4%. It added that the gold ore market is expected to reach $26.96 billion in 2027 at a CAGR of 10.8%.  The report said: "The main gold ore mining methods include placer mining, hard rock mining, and others. Placer gold mining is the method of using water to excavate, transport, concentrate, and recover heavy minerals from placer deposits (collections of gold existing in discrete particles or mixed with sand).  The applications include cupellation method refining, inquartation method refining, miller chlorination process refining, Wohlwill electrolytic process refining, and aqua regia process refining used in investment, jewelry, and others."  Active Companies in the markets today include Asia Broadband Inc. (OTCPK: AABB), Harmony Gold Mining Company Limited (NYSE: HMY), Kinross Gold Corporation (NYSE: KGC) (TSX: K), Sandstorm Gold Ltd. (NYSE: SAND), (TSX: SSL), Barrick Gold Corporation (NYSE: GOLD) (TSX: ABX).

Key Points: 
  • A report from ReportLinker projected that: The global gold ore market is expected to grow from $16.03 billion in 2022 to $17.86 billion in 2023 at a compound annual growth rate (CAGR) of 11.4%.
  • It added that the gold ore market is expected to reach $26.96 billion in 2027 at a CAGR of 10.8%.
  • The increase in demand for gold jewelry propelled and is driving the growth of the gold ore market.
  • Companies operating in the gold ore market are adopting new technologies to sustain their position in the market."

Gold Ore Market Expected To Reach $26.96 Billion In 2027 as Significant Growth is Forecasted

Retrieved on: 
Thursday, September 7, 2023

/PRNewswire/ -- The majority industry reports project that the gold ore market should continue to see significant growth in the near and long future. Gold ore is a type of rock that contains gold mineral or particles in sufficient quantities to make it economically viable to mine and extract the gold.  A report from ReportLinker projected that: The global gold ore market is expected to grow from $16.03 billion in 2022 to $17.86 billion in 2023 at a compound annual growth rate (CAGR) of 11.4%. It added that the gold ore market is expected to reach $26.96 billion in 2027 at a CAGR of 10.8%.  The report said: "The main gold ore mining methods include placer mining, hard rock mining, and others. Placer gold mining is the method of using water to excavate, transport, concentrate, and recover heavy minerals from placer deposits (collections of gold existing in discrete particles or mixed with sand).  The applications include cupellation method refining, inquartation method refining, miller chlorination process refining, Wohlwill electrolytic process refining, and aqua regia process refining used in investment, jewelry, and others."  Active Companies in the markets today include Asia Broadband Inc. (OTCPK: AABB), Harmony Gold Mining Company Limited (NYSE: HMY), Kinross Gold Corporation (NYSE: KGC) (TSX: K), Sandstorm Gold Ltd. (NYSE: SAND), (TSX: SSL), Barrick Gold Corporation (NYSE: GOLD) (TSX: ABX).

Key Points: 
  • A report from ReportLinker projected that: The global gold ore market is expected to grow from $16.03 billion in 2022 to $17.86 billion in 2023 at a compound annual growth rate (CAGR) of 11.4%.
  • It added that the gold ore market is expected to reach $26.96 billion in 2027 at a CAGR of 10.8%.
  • The increase in demand for gold jewelry propelled and is driving the growth of the gold ore market.
  • Companies operating in the gold ore market are adopting new technologies to sustain their position in the market."

Agrinam Acquisition Corporation and Freight Farms, Inc. Announce Binding Letter of Intent for Business Combination

Retrieved on: 
Thursday, September 7, 2023

Inherent in its software controlled, self-contained modular form factor, Freight Farms is clearly differentiated from "warehouse" vertical farms.

Key Points: 
  • Inherent in its software controlled, self-contained modular form factor, Freight Farms is clearly differentiated from "warehouse" vertical farms.
  • Mr. Vanzura continued, "We are very excited about the partnership with Agrinam to take our business to the next level.
  • In addition, the Agrinam sponsor has delivered US$4 million to Freight Farms to demonstrate its commitment to the transaction.
  • Agrinam intends to announce additional details regarding the proposed business combination once a definitive agreement has been executed, which is anticipated to occur in the third quarter of 2023.

Nicola Mining Inc. Signs Letter of Intent with Nittetsu Mining Co. Ltd. for Exploration at New Craigmont Copper Project

Retrieved on: 
Wednesday, September 6, 2023

The total aggregate $25.0 MM contribution by Nittetsu would value the New Craigmont Project at $62.5 MM would garner Nittetsu a 40% interest in the New Craigmont Copper Project.

Key Points: 
  • The total aggregate $25.0 MM contribution by Nittetsu would value the New Craigmont Project at $62.5 MM would garner Nittetsu a 40% interest in the New Craigmont Copper Project.
  • Peter Espig, CEO of Nicola, commented, "We are very excited to be working with Nittetsu, which brings a great deal of experience and credibility to our New Craigmont Copper Project.
  • We are also very excited to know that the Project is Nittetsu's first foray into a British Columbia based copper project."
  • Nittetsu operates Atacama Copper Mine and currently in the process of developing a second copper mine in the Republic of Chile.

Eviation Announces Order from Solyu for 25 Alice All-Electric Commuter Aircraft

Retrieved on: 
Wednesday, September 6, 2023

Eviation signs letter of intent with Solyu, a South-Korea based zero emissions leasing company

Key Points: 
  • Eviation signs letter of intent with Solyu, a South-Korea based zero emissions leasing company
    ARLINGTON, Wash., Sept. 6, 2023 /PRNewswire/ -- Eviation Aircraft , a manufacturer of all-electric aircraft, today announced that Solyu , a leasing company based in Seoul, South Korea, has signed a Letter of Intent (LOI) for 25 commuter Alice aircraft with options for 25 additional aircraft.
  • Solyu is focused on supporting sustainable aviation by providing financing and leasing solutions for the Alice to a global customer base of operators.
  • The nine-passenger Eviation Alice is the world's first flight-proven all-electric commuter aircraft.
  • "Solyu's order is a testament to how lessors are embracing Alice as the future of flight," said Eddie Jaisaree, Vice President, Commercial Sales at Eviation.

Pivoting to AI-Entertainment, Paranovus Entertainment Technology Ltd Signs Letter of Intent to Acquire BlueLine Studios

Retrieved on: 
Wednesday, September 6, 2023

NANPING, China, Sept. 6, 2023 /PRNewswire/ -- Paranovus Entertainment Technology Ltd. (Nasdaq: PAVS) (the "Company") today announced that it has signed a non-binding Letter of Intent (LOI) to acquire 100% of BlueLine Studios Inc. ("BlueLine"), a portfolio company of Caravan Digital L.P. ("Caravan"), a co-founder of consumer companies authentically powered by iconic artists and athletes in partnership with Creative Artists Agency ("CAA").

Key Points: 
  • Under the terms of the LOI, PAVS would acquire 100% of BlueLine's equity interests from Caravan and other equity owners of BlueLine.
  • The consideration to be paid by the Company to purchase the equity interests is approximately $3.2 million in cash and unregistered Class A ordinary shares.
  • Additionally, the Company will issue $1.11 million worth of its unregistered Class A ordinary shares to Caravan.
  • Based in Vancouver, BlueLine is a video game developer that builds engaging interactive gaming experiences powered by world-class celebrity talent.

Auddia Announces Completion of faidr 3.0 and Provides M&A Update

Retrieved on: 
Wednesday, September 6, 2023

Michael Lawless, CEO, stated, “The entire Auddia team has been aimed at building faidr 3.0 across both the iOS and Android platforms all year.

Key Points: 
  • Michael Lawless, CEO, stated, “The entire Auddia team has been aimed at building faidr 3.0 across both the iOS and Android platforms all year.
  • We have also advanced our AI work aimed at adding an automated, consumer driven, commercial free podcast listening experience to faidr.
  • This is another industry first listening experience being introduced by Auddia that we are very excited about and believe holds the potential to drive a viral adoption moment for faidr.
  • Visit Auddia - Product Faidr for more information about faidr 3.0.

CBMJ to Purchase American Media Periscope (AMPNews) Combining New Media Patriot Powerhouses

Retrieved on: 
Thursday, August 31, 2023

via NewMediaWire – CBMJ Inc. Conservative Broadcast Media & Journalism (OTC:CBMJ) today announced that it has agreed to purchase American Media Periscope ( AMPNews ) for $2.25 million dollars, solidifying the combination of two powerhouse “new media” companies in the patriot media world.

Key Points: 
  • via NewMediaWire – CBMJ Inc. Conservative Broadcast Media & Journalism (OTC:CBMJ) today announced that it has agreed to purchase American Media Periscope ( AMPNews ) for $2.25 million dollars, solidifying the combination of two powerhouse “new media” companies in the patriot media world.
  • With the asset purchase of AMPNews by CBMJ, Americans can invest in a publicly traded patriot media company for the first time.
  • "Conservative Broadcast Media Journalism (CBMJ) is acquiring conservative and Christian new media firms to build scale to compete with the massive publicly traded fake news conglomerates.
  • Edelkamp reacted to the merger by saying, "Get ready for something new that no one is doing in the patriot media space.

Brera Holdings Announces Exclusive Letter of Intent to Acquire and Re-Brand Mongolian Premier League Team Bayanzurkh Sporting Ilch FC

Retrieved on: 
Thursday, August 31, 2023

DUBLIN and MILAN, Aug. 31, 2023 (GLOBE NEWSWIRE) -- Brera Holdings PLC (“Brera Holdings”, “Brera” or the “Company”) (Nasdaq: BREA) announced that its wholly-owned subsidiary Brera Milano S.r.l.

Key Points: 
  • DUBLIN and MILAN, Aug. 31, 2023 (GLOBE NEWSWIRE) -- Brera Holdings PLC (“Brera Holdings”, “Brera” or the “Company”) (Nasdaq: BREA) announced that its wholly-owned subsidiary Brera Milano S.r.l.
  • (“Brera Milano”) has signed an exclusive Letter of Intent (the “LOI”) with Mongolia’s Bayanzurkh Sporting Ilch FC (“Bayanzurkh FC”) to acquire the club before the resumption of the football season in March 2024 after the winter break.
  • Bayanzurkh FC, located in Mongolia’s capital Ulaanbaatar, was founded in 2020 and was recently promoted to the Mongolian National Premier League, the top-tier professional football league of Mongolia.
  • The LOI was signed by Mr. Alessandro Aleotti, Chairman of Brera FC and a Director of Brera Holdings, and Mr. Chinsanaa Jargalsaikhan, Chairman of Bayanzurkh FC.

Hyperloop Transportation Technologies and Fusion Acquisition Corp. II Announce Letter of Intent for a Business Combination

Retrieved on: 
Wednesday, August 30, 2023

NEW YORK, Aug. 30, 2023 (GLOBE NEWSWIRE) -- Fusion Acquisition Corp. II (NYSE: FSNB) (“Fusion”) today announced that it has signed a non-binding letter of intent (“LOI”) for a business combination transaction with Hyperloop Transportation Technologies Inc. (“HyperloopTT”), a transportation and technology company focused on realizing the hyperloop, a system that moves people and goods safely, efficiently, and sustainably by bringing airplane speeds to the ground.

Key Points: 
  • NEW YORK, Aug. 30, 2023 (GLOBE NEWSWIRE) -- Fusion Acquisition Corp. II (NYSE: FSNB) (“Fusion”) today announced that it has signed a non-binding letter of intent (“LOI”) for a business combination transaction with Hyperloop Transportation Technologies Inc. (“HyperloopTT”), a transportation and technology company focused on realizing the hyperloop, a system that moves people and goods safely, efficiently, and sustainably by bringing airplane speeds to the ground.
  • Fusion plans to leverage its resources, experience and network of relationships to support HyperloopTT’s growth and access to public markets.
  • HyperloopTT CEO, Andres de Leon, said “With Fusion we believe we have found the right partner at the right time.
  • This business combination is expected to accelerate the arrival of sustainable high-speed transportation.