Commune

Vortex Metals Signs Definitive Agreement for Option to Acquire up to 80% Interest in the Illapel Copper Project, Chile - InvestmentPitch Media Video

Retrieved on: 
Monday, November 27, 2023

Vancouver, British Columbia--(Newsfile Corp. - November 27, 2023) - Vortex Metals Inc. (TSXV: VMS) has signed a definitive agreement for an option to acquire up to an 80% interest in the Illapel Copper Project, Chile.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - November 27, 2023) - Vortex Metals Inc. (TSXV: VMS) has signed a definitive agreement for an option to acquire up to an 80% interest in the Illapel Copper Project, Chile.
  • For more information, please view the InvestmentPitch Media video which provides additional information about this news and the company.
  • Vikas Ranjan, CEO and Co-Founder, stated: "We are very excited to conclude the Definitive Agreement and begin exploration work.
  • For more information, please visit the company's website www.VortexMetals.ca , contact Vikas Ranjan, CEO, at 416-605-7024 or email at [email protected] .

Vortex Metals Concludes the Definitive Agreement to Acquire an 80% Interest in the Illapel Copper Project, Chile

Retrieved on: 
Monday, November 20, 2023

Drilling may potentially commence after all regulatory approvals, including the approval from Toronto Venture Stock Exchange (TSXV) have been received.

Key Points: 
  • Drilling may potentially commence after all regulatory approvals, including the approval from Toronto Venture Stock Exchange (TSXV) have been received.
  • Vikas Ranjan, Chief Executive Officer and a Co-Founder of Vortex Metals, stated "we are very excited to conclude the Definitive Agreement and begin exploration work.
  • Such terms are described later in this press release under the heading Terms and Conditions of the Illapel Copper Deal.
  • All Vortex Shares issuable pursuant to the Definitive Agreement will be subject to a 12-month contractual escrow from the date of issuance.

Sustainable Electrification of Major Industries Thrusts Copper into the Spotlight

Retrieved on: 
Wednesday, June 28, 2023

NEW YORK, June 28, 2023 /PRNewswire/ -- Copper is one of the most versatile and widely-used metals in the world as well as a widely-traded asset in the major commodities market. The metal is often utilized in the construction of structures, solar energy transmission, and high-speed data transmission lines due to its high electrical and thermal conductivity. It is also commonly utilized to build cables and pipelines due to its malleable and soft physical properties in soft state. Geographically, copper producers with the largest volume by country include Chile, Peru and China. Among them, Chile is responsible for more than double the output of the next biggest producer, Peru, with the former producing 5.6 million metric tons in 2021 compared to Peru's 2.2 million. Vortex Metals Inc. (OTC: VMSSF) (TSX-V: VMS), Hudbay Minerals Inc. (NYSE: HBM) (TSX: HBM), Freeport-McMoRan Inc. (NYSE: FCX), Lundin Mining Corporation (TSX: LUN), Teck Resources Limited (NYSE: TECK) (TSX: TECK)

Key Points: 
  • Geographically, copper producers with the largest volume by country include Chile, Peru and China.
  • Yet, EVs can contain more than a mile of copper wiring inside the stator to convert electric energy into mechanical energy.
  • Chile is the largest copper producer in the world, accounting for approximately 28% of global copper production.
  • The initial controlling interest increases our exposure to what we believe is a growing top-tier copper mining district.

Sustainable Electrification of Major Industries Thrusts Copper into the Spotlight

Retrieved on: 
Wednesday, June 28, 2023

NEW YORK, June 28, 2023 /PRNewswire/ -- Copper is one of the most versatile and widely-used metals in the world as well as a widely-traded asset in the major commodities market. The metal is often utilized in the construction of structures, solar energy transmission, and high-speed data transmission lines due to its high electrical and thermal conductivity. It is also commonly utilized to build cables and pipelines due to its malleable and soft physical properties in soft state. Geographically, copper producers with the largest volume by country include Chile, Peru and China. Among them, Chile is responsible for more than double the output of the next biggest producer, Peru, with the former producing 5.6 million metric tons in 2021 compared to Peru's 2.2 million. Vortex Metals Inc. (OTC: VMSSF) (TSX-V: VMS), Hudbay Minerals Inc. (NYSE: HBM) (TSX: HBM), Freeport-McMoRan Inc. (NYSE: FCX), Lundin Mining Corporation (TSX: LUN), Teck Resources Limited (NYSE: TECK) (TSX: TECK)

Key Points: 
  • Geographically, copper producers with the largest volume by country include Chile, Peru and China.
  • Yet, EVs can contain more than a mile of copper wiring inside the stator to convert electric energy into mechanical energy.
  • Chile is the largest copper producer in the world, accounting for approximately 28% of global copper production.
  • The initial controlling interest increases our exposure to what we believe is a growing top-tier copper mining district.

Vortex Metals to Acquire up to an 80% Interest in Compelling Copper Project in Chile

Retrieved on: 
Tuesday, June 27, 2023

"I believe that the Illapel Project combined with our two Mexican copper-gold assets provides Vortex stakeholders with a rare opportunity.

Key Points: 
  • "I believe that the Illapel Project combined with our two Mexican copper-gold assets provides Vortex stakeholders with a rare opportunity.
  • Given the geological settings, all three projects possess the potential to be transformative", said Vortex Chairman and Founder Michael Williams.
  • The Illapel Copper Gold project is located in the Commune of Illapel, Choapa Province of the Fourth Region of Chile and is 250 km north of Santiago.
  • We believe that with the Illapel Copper property, we will acquire an extremely prospective project that is drill-ready.

Agen & Fonroche Launch Largest Solar Lighting Project in EU

Retrieved on: 
Tuesday, January 31, 2023

"Agen is the first region to switch so massively to photovoltaics," explains Jean Dionis du Séjour, president of Agen.

Key Points: 
  • "Agen is the first region to switch so massively to photovoltaics," explains Jean Dionis du Séjour, president of Agen.
  • The supplier of the new solar-powered street lighting, Fonroche Lighting, is based in Roquefort in the inner suburbs of Agen.
  • For the general manager of Fonroche Lighting, Laurent Lubrano, solar is a solution for the future.
  • These examples show that commercial solar lighting solutions are moving out of the specialty space and becoming the first choice for outdoor lighting.

Okura Resort & Spa Phu Quoc to Open in 2027

Retrieved on: 
Wednesday, October 19, 2022

Hotel Okura Co., Ltd. , is pleased to announce that the Okura Resort & Spa Phu Quoc will open in 2027 at the premier resort of Long Beach on Phu Quoc Island in Vietnam.

Key Points: 
  • Hotel Okura Co., Ltd. , is pleased to announce that the Okura Resort & Spa Phu Quoc will open in 2027 at the premier resort of Long Beach on Phu Quoc Island in Vietnam.
  • Toshihiro Ogita, President, Hotel Okura Co., Ltd., commented, We are delighted that the Okura Group will be expanding our brand presence in the resort area.
  • Okura Nikko Hotels, operated by Hotel Okura, operates beach resort hotels under the Hotel Nikko brand in Okinawa (Hotel Nikko Alivila / Yomitan Resort Okinawa) and in Guam (Hotel Nikko Guam), Palau (Palau Royal Resort), and Bali (Hotel Nikko Bali Benoa Beach).
  • The new Okura Resort & Spa Phu Quoc will be a fully-fledged beach resort under the Okura brand.

Chile Construction Industry Report 2022: Growth Momentum to Carry Into 2022 - Expected Growth of 5.7% this Year, Supported by an Improvement in Non-mining Activities - ResearchAndMarkets.com

Retrieved on: 
Thursday, August 11, 2022

The construction industry in Chile registered an annual growth of 13.6% in real terms in 2021 - up from a decline of 12.1% in 2020.

Key Points: 
  • The construction industry in Chile registered an annual growth of 13.6% in real terms in 2021 - up from a decline of 12.1% in 2020.
  • The industry's growth that year was supported by a favorable base, improvement in consumer and business confidence amid progress in the country's vaccination drive and the execution of large-scale public infrastructure projects.
  • The industry's growth momentum is likely to carry into 2022, with the construction industry expected to grow by 5.7% this year, supported by an improvement in non-mining activities.
  • Historical (2017-2021) and forecast (2022-2026) valuations of the construction industry in Chile, featuring details of key growth drivers.

818 Tequila Announces Global Expansion with ChinaBev LLC Partnership

Retrieved on: 
Monday, July 18, 2022

LOS ANGELES, July 18, 2022 /PRNewswire/ -- 818 Tequila, the award-winning sustainable tequila brand founded by Kendall Jenner, announced today its expansion into China through a partnership with ChinaBev LLC, China's leading independent importer and distributor of foreign spirits brands.

Key Points: 
  • LOS ANGELES, July 18, 2022 /PRNewswire/ -- 818 Tequila , the award-winning sustainable tequila brand founded by Kendall Jenner, announced today its expansion into China through a partnership with ChinaBev LLC , China's leading independent importer and distributor of foreign spirits brands.
  • "818 Tequila is thrilled to take its first step outside North America with ChinaBev, an industry-leading importer and distributor of alcoholic beverages in China," said Mike Novy, 818 Tequila president and COO.
  • Starting August 18, 2022, ChinaBev will launch 818 Tequila in a curated group of premium on-premise listings in Beijing, Shanghai, Guangzhou, Chengdu and Shenzhen.
  • "ChinaBev is thrilled to partner with Kendall, Mike and the 818 team to bring 818 Tequila to China for the first time," said Paul Gelinas, ChinaBev co-founder.

THE 35th ANNUAL EDISON AWARDS RETURN ON APRIL 20-22,2022 CELEBRATING GROUNDBREAKING TECHNOLOGY AND INNOVATORS

Retrieved on: 
Friday, April 22, 2022

NEW YORK, April 21, 2022 /PRNewswire/ -- The 2022 Edison Awards will showcase some of the world's top innovation leaders and new products from around the globe. The event will be hosted at the beautiful Luminary Hotel and the Caloosa Sound Convention Center located in the Fort Myers River District. Hundreds of the world's top innovators will descend on Fort Myers to participate in the event and experience the Southwest Florida culture and local attractions.

Key Points: 
  • "The Edison Awards were founded to highlight true innovation in business," says Frank Bonafilia, of The Edison Awards.
  • The Edison Awards is an annual honor designed to recognize excellence in new product and service development, marketing, human-centered design and innovation.
  • Edison Award recipients represent "game changing" products, services, excellence and leadership in innovation around four criteria: Concept, Value, Delivery and Impact.
  • In addition to the Edison Awards, this year the Awards Committee created the inaugural program, Lewis Latimer Fellowship.