Penn State College of Earth and Mineral Sciences

John G. Mansanti Appointed to Board of American Rare Earths

Retrieved on: 
Monday, August 21, 2023

DENVER, Aug. 21, 2023 (GLOBE NEWSWIRE) -- American Rare Earths (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF) | FSE:1BHA) (ARR or the Company) is pleased to announce John G. Mansanti has joined the Board of the Company.

Key Points: 
  • DENVER, Aug. 21, 2023 (GLOBE NEWSWIRE) -- American Rare Earths (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF) | FSE:1BHA) (ARR or the Company) is pleased to announce John G. Mansanti has joined the Board of the Company.
  • “We are very excited to have John join our board as he has significant operating and management experience,” says Creagh O’Connor, Chairman, American Rare Earths.
  • I look forward to working with fellow board members and the management team in the development of viable American based rare earth projects,” says John Mansanti.
  • This announcement has been authorized for release by the Board of American Rare Earths.

Globex Acquires Quebec Dolomite Deposit

Retrieved on: 
Thursday, August 18, 2022

P-50-RP, Havre St-Pierre Dolomite Project, Exploration Final Report by D. Cossette, December 11, 1981).

Key Points: 
  • P-50-RP, Havre St-Pierre Dolomite Project, Exploration Final Report by D. Cossette, December 11, 1981).
  • While the reports are historical, they do indicate favorably on the economic potential of the deposit.
  • Globex is a Toronto Stock Exchange listed company with over 210 assets, including 89 royalties, principally located in Quebec and eastern Canada, has significant cash and shareholdings of other companies and no debt.
  • This press release was written by Jack Stoch, Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.)

Graphite One Names Award Winning Geologic Engineer and Operator, Mike Schaffner as Senior Vice President, Mining

Retrieved on: 
Wednesday, June 1, 2022

Mr. Schaffner began his mining career with Echo Bay Mining and Coeur Mining at operations in Nevada.

Key Points: 
  • Mr. Schaffner began his mining career with Echo Bay Mining and Coeur Mining at operations in Nevada.
  • Mr. Schaffner's operations are three-time winners of the National Mining Association's Sentinels of Safety award, recognizing the U.S.'s safest mines for continuous injury-free operations.
  • "G1 will benefit greatly from Mike's long record of superior performance in mining operations," said Anthony Huston, CEO of Graphite One.
  • With the United States currently 100 per cent import dependent for natural graphite, Graphite One is planning a complete U.S.-based, advanced graphite supply chain solution.

ME2C® Environmental Reports Fourth Quarter and Full Year 2021 Results; Reiterates 2022 Guidance of 60% Year-over-Year Revenue Growth

Retrieved on: 
Tuesday, April 5, 2022

Fourth quarter 2021 revenue of $2.7million increased 17.4%, compared to $2.3 million in the fourth quarter of 2020.

Key Points: 
  • Fourth quarter 2021 revenue of $2.7million increased 17.4%, compared to $2.3 million in the fourth quarter of 2020.
  • Total costs and expenses in the fourth quarter of 2021 were $4.0 million compared to $4.4 million in the year-ago quarter.
  • Full year 2021 revenue of $13.0 million increased 59.5%, compared to $8.2 million for the full year of 2020.
  • The fourth quarter marked a strong close to the year forME2Cand demonstrated the ongoing success of our comprehensive growth strategy, said Richard MacPherson, CEO of ME2C Environmental.

ME2C® Environmental Announces Preliminary 2022 Revenue Guidance and Outlines Key Priorities and Milestones for 2022

Retrieved on: 
Wednesday, February 16, 2022

CORSICANA, TX, Feb. 16, 2022 (GLOBE NEWSWIRE) -- Midwest Energy Emissions Corp. (OTCQB: MEEC) ("ME2C Environmental" or the “Company”), a leading environmental technologies firm, today issued preliminary revenue guidance for full-year 2022 based on positive developments in business conditions, demand indications from major customers, and the commencement of activity under new licensing agreements. The Company expects preliminary revenue to increase 60% year-over-year for 2022 with the majority of revenue increase expected to be realized in the latter half of the year. Such guidance is based on current market conditions and assumes no further material lockdowns or shutdowns due to the COVID-19 pandemic in the major operating region where the Company sells or licenses its products.

Key Points: 
  • The Company expects preliminary revenue to increase 60% year-over-year for 2022 with the majority of revenue increase expected to be realized in the latter half of the year.
  • 2021 was a year of focused execution forME2C Environmental as we strengthened our foundation to potentially accelerate top-line revenue growth in 2022 and beyond.
  • We currently expect at least a 60% year-over-year revenue growth for 2022 which puts our year-end revenue target in the range of approximately $20 to 22 million, said Richard MacPherson, CEO of ME2C Environmental.
  • With the preliminary 2022 revenue guidance announced today, we believe we are well positioned to deliver significant revenue growth throughout the new year and beyond as we further capitalize on our leading environmental technologies.

ME2C® Environmental Reports Third Quarter 2021 Financial Results

Retrieved on: 
Monday, November 15, 2021

CORSICANA, TX, Nov. 15, 2021 (GLOBE NEWSWIRE) -- Midwest Energy Emissions Corp. (OTCQB: MEEC) ("ME2C Environmental" or the “Company”), a leading environmental technologies firm, has reported financial results for the third quarter ended September 30, 2021.

Key Points: 
  • CORSICANA, TX, Nov. 15, 2021 (GLOBE NEWSWIRE) -- Midwest Energy Emissions Corp. (OTCQB: MEEC) ("ME2C Environmental" or the Company), a leading environmental technologies firm, has reported financial results for the third quarter ended September 30, 2021.
  • Adjusted EBITDA in the third quarter of 2021 was approximately $562,000 as compared to $24,000 in the same year-ago quarter.
  • The Company has shown quarter over quarter growth through 2021 compared to the prior year periods and expects to see strong continued growth moving through the fourth quarter.
  • Management will host a conference call today, November 15, 2021, at 4:30 PM Eastern Time to discuss ME2C Environmentals third quarter 2021 results, provide a corporate update and conclude with a Q&A from participants.

ME2C® Environmental Provides Recent Operational Summary and Preliminary Third Quarter 2021 Revenues

Retrieved on: 
Tuesday, October 19, 2021

CORSICANA, TX, Oct. 19, 2021 (GLOBE NEWSWIRE) -- Midwest Energy Emissions Corp. (OTCQB: MEEC) ("ME2C Environmental" or the “Company”), a leading environmental technologies firm, has provided a recent operational summary and preliminary revenue results for the third quarter ended September 30, 2021.

Key Points: 
  • Company Expects Q3 Revenue of At Least $4.9 Million, Representing Highest Revenue Quarter in Over Three Years
    CORSICANA, TX, Oct. 19, 2021 (GLOBE NEWSWIRE) -- Midwest Energy Emissions Corp. (OTCQB: MEEC) ("ME2C Environmental" or the Company), a leading environmental technologies firm, has provided a recent operational summary and preliminary revenue results for the third quarter ended September 30, 2021.
  • Revenues for third quarter of 2021 are expected to increase approximately 75% to at least $4.9 million compared to revenues of $2.8 million in the same quarter last year.
  • Revenues in the fourth quarter of 2021 for the Companys core business are expected to reach $4 million.
  • Our revenue from this third quarter is our highest revenue quarter in over three years; the last time our revenues exceeded $4M in any quarter was Q3 2018.

ME2C® Environmental Completes Initial Testing of its Rare Earth Element Technology

Retrieved on: 
Wednesday, September 15, 2021

CORSICANA, TX, Sept. 15, 2021 (GLOBE NEWSWIRE) -- Midwest Energy Emissions Corp. (OTCQB: MEEC) ("ME2C Environmental" or the “Company”), a leading environmental technologies firm, announced today that Pennsylvania State University’s College of Earth and Mineral Sciences has completed the initial round of testing to evaluate the Company’s new Rare Earth Element (REE) Technology.

Key Points: 
  • CORSICANA, TX, Sept. 15, 2021 (GLOBE NEWSWIRE) -- Midwest Energy Emissions Corp. (OTCQB: MEEC) ("ME2C Environmental" or the Company), a leading environmental technologies firm, announced today that Pennsylvania State Universitys College of Earth and Mineral Sciences has completed the initial round of testing to evaluate the Companys new Rare Earth Element (REE) Technology.
  • The initial results received by Penn States College of Earth and Mineral Sciences will lead to the further testing and development of this emerging technology focused on rare earth capture, as well as the cleanup of coal ash ponds and wastewater from coal-fired power plants, stated Richard MacPherson, CEO of ME2C Environmental.
  • ME2C Environmental (OTCQB: MEEC) is a leading environmental technologies company developing and delivering patented and proprietary solutions to the global power industry.
  • ME2C Environmental is a trade name of Midwest Energy Emissions Corp. For more information, please visit http://www.me2cenvironmental.com/ .