DiscoverIE Group

Defense Metals Completes Phase 2 Pit Geotechnical Drilling & Intersects Mineralized Carbonatite at the Wicheeda Rare Earth Element Project

Retrieved on: 
Tuesday, December 5, 2023

"We are pleased to have completed Phase 2 geotechnical programs and are encouraged that open pit geotechnical drilling has intersected significant widths of REE mineralized carbonatite within the western pit wall not previously known.

Key Points: 
  • "We are pleased to have completed Phase 2 geotechnical programs and are encouraged that open pit geotechnical drilling has intersected significant widths of REE mineralized carbonatite within the western pit wall not previously known.
  • Drilling of WI23-82 into the west pit wall of the Wicheeda Deposit was successful tested a new ground radiometric anomaly (see Defense Metals news release dated September 5, 2023).
  • The Phase 3 drilling and test pit program is expected to be completed within 4 weeks time.
  • Mineralized drill core derived for the Phase 2 pit geotechnical campaign has been cut and sampled and submitted for analysis to ALS Global, North Vancouver.

Beacon EmbeddedWorks High-Performance i.MX 8M Plus SOM - Ready to Drive Embedded AI/ML Applications

Retrieved on: 
Wednesday, November 1, 2023

The i.MX 8M Plus SOM stands out as the premier selection for security, power-efficiency, and high-definition video and graphics processing.

Key Points: 
  • The i.MX 8M Plus SOM stands out as the premier selection for security, power-efficiency, and high-definition video and graphics processing.
  • The Zoom™ Development Kit includes an i.MX 8M Plus SOM, baseboard, power supply, microSD card, and all necessary cables.
  • By leveraging the fully tested and pre-certified i.MX 8M Plus SOM, you can reduce design risk and kickstart your development process.
  • For more information about the i.MX 8M Plus SOM and Zoom™ Development Kit, visit www.beaconembedded.com/8mplus .

Beacon EmbeddedWorks to Develop Cutting-Edge Embedded Technologies based on Qualcomm Solutions

Retrieved on: 
Tuesday, August 15, 2023

EDEN PRAIRE, Minn., Aug. 15, 2023 /PRNewswire/ -- Beacon EmbeddedWorks, a discoverIE Group company and leading global provider of embedded electronics, has joined the Qualcomm® IoT Accelerator Program from Qualcomm Technologies, Inc. enabling Beacon Embedded Works to design and manufacture the latest in advanced embedded electronics. This collaboration builds on Beacon EmbeddedWorks' significant momentum in the embedded industry and strategic investments that continue to push technology boundaries to serve its customers in regulated industries.

Key Points: 
  • EDEN PRAIRE, Minn., Aug. 15, 2023 /PRNewswire/ -- Beacon EmbeddedWorks , a discoverIE Group company and leading global provider of embedded electronics, has joined the Qualcomm® IoT Accelerator Program from Qualcomm Technologies, Inc. enabling Beacon Embedded Works to design and manufacture the latest in advanced embedded electronics.
  • This collaboration builds on Beacon EmbeddedWorks' significant momentum in the embedded industry.
  • "We're excited to add Qualcomm Technologies' solutions to our expanding tier-one processor and technology offerings," said Russ Stebner, Vice President of Products at Beacon EmbeddedWorks.
  • "We're thrilled to work with Qualcomm Technologies to develop advanced embedded electronics," said Dan Saniti, Head of Business Development at Beacon EmbeddedWorks.

ValOre Announces Closing Date for Sale of Angilak Property to Labrador Uranium

Retrieved on: 
Tuesday, June 13, 2023

Upon closing of the Transaction, the 100,000,000 common shares of Labrador Uranium Inc. (the “Labrador Shares”) issued to ValOre as part of the consideration for the Transaction will be distributed (the “Labrador Share Distribution”) as a return of captial, pro rata, to the shareholders of ValOre as of a June 19, 2023 record date.

Key Points: 
  • Upon closing of the Transaction, the 100,000,000 common shares of Labrador Uranium Inc. (the “Labrador Shares”) issued to ValOre as part of the consideration for the Transaction will be distributed (the “Labrador Share Distribution”) as a return of captial, pro rata, to the shareholders of ValOre as of a June 19, 2023 record date.
  • As disclosed in ValOre’s news release dated March 14, 2023, the Labrador Shares will be subject to a hold period expiring on August 6, 2023.
  • Trades of common shares of ValOre on or after June 21, 2023 will not be entitled to participate in the Labrador Share Distribution.
  • Such forward-looking statements include but are not limited to statements or information with respect to: the closing of the Transaction.

ValOre Announces Final Court Approval of Sale of Angilak Property to Labrador Uranium

Retrieved on: 
Tuesday, May 23, 2023

VANCOUVER, British Columbia, May 23, 2023 (GLOBE NEWSWIRE) -- ValOre Metals Corp. TSX‐V: VO; OTCQB: KVLQF; Frankfurt: KEQ0, (“ValOre” or the “Company”) today provided an update on the sale of ValOre’s interest in the Angilak Property uranium project in Nunavut Territory to Labrador Uranium Inc. (the “Transaction”).

Key Points: 
  • VANCOUVER, British Columbia, May 23, 2023 (GLOBE NEWSWIRE) -- ValOre Metals Corp. TSX‐V: VO; OTCQB: KVLQF; Frankfurt: KEQ0, (“ValOre” or the “Company”) today provided an update on the sale of ValOre’s interest in the Angilak Property uranium project in Nunavut Territory to Labrador Uranium Inc. (the “Transaction”).
  • For additional clarity, the precise date of the Distribution Record Date will be announced in the Closing Date News Release.
  • The Closing Date News Release will also advise of the date upon which ValOre shares purchased in the market will no longer qualify to receive the Labrador Share Distribution.
  • Certain statements and information herein contain forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable securities laws.

Defense Metals Corp. Announces Closing of its $12.5 Million Private Placement, Including $6.6 Million Strategic Financing with RCF Opportunities Fund II L.P.

Retrieved on: 
Thursday, May 25, 2023

The Concurrent Placement includes a lead order from RCF Opportunities Fund II L.P. ("RCF Opps II"), consisting of 25,552,380 Common Shares for gross proceeds of C$6.6 million.

Key Points: 
  • The Concurrent Placement includes a lead order from RCF Opportunities Fund II L.P. ("RCF Opps II"), consisting of 25,552,380 Common Shares for gross proceeds of C$6.6 million.
  • John Robins of Discovery Group and Strategic Advisor to the Company, also participated in the Offering.
  • "We are very pleased to welcome RCF Opps II as a key shareholder.
  • We will continue to advance the Wicheeda Light Rare Earth Elements project and we look forward to working with the many stakeholders.

Global Research and Discovery Group Announces Multinational, Multifaceted BioForge Initiative

Retrieved on: 
Tuesday, May 16, 2023

WINTER HAVEN, Fla., May 16, 2023 /PRNewswire/ -- Global Research and Discovery Group today announced the launch of one of its most ambitious projects to date, the BioForge Initiative, a multinational, multifaceted program aimed at getting cutting-edge therapeutics into areas of the world where it is needed the most and providing economic security to those countries.

Key Points: 
  • When it comes to securing the health of the population, it's time to look global, not just local.
  • WINTER HAVEN, Fla., May 16, 2023 /PRNewswire/ -- Global Research and Discovery Group today announced the launch of one of its most ambitious projects to date, the BioForge Initiative, a multinational, multifaceted program aimed at getting cutting-edge therapeutics into areas of the world where it is needed the most and providing economic security to those countries.
  • "The Bio-Forge Initiative is a big step and represents a seismic shift in the work and scope of GRDG Sciences and how we operate around the world," said Daryl Thompson, Director of Scientific Initiatives at Global Research and Discovery Group.
  • "In many ways, the Bioforge Initiative is the culmination of the research projects we have worked on throughout my career and activates them for global good."

Defense Metals Corp. Announces Private Placements for Aggregate Proceeds of $12.5 Million With Lead Order from RCF Opportunities Fund II L.P. of $6.6 Million

Retrieved on: 
Thursday, April 27, 2023

As part of the Concurrent Placement, the Company has received a lead order from RCF Opportunities Fund II L.P. ("RCF") for approximately C$6.6 million.

Key Points: 
  • As part of the Concurrent Placement, the Company has received a lead order from RCF Opportunities Fund II L.P. ("RCF") for approximately C$6.6 million.
  • This financing will leave us well financed to continue to advance Wicheeda and fully funded to complete our Pre-Feasibility Study and progress other initiatives.
  • We also appreciate the continued support of our existing shareholders including John Robins of Discovery Group."
  • ), Principal and Consultant of APEX Geoscience Ltd. of Edmonton, Alberta, who is a director of Defense Metals and a "Qualified Person" as defined in National Instrument 43-101.

Discovery Group Announces Defense Metals as New Member Company

Retrieved on: 
Tuesday, April 11, 2023

Vancouver, British Columbia--(Newsfile Corp. - April 11, 2023) - Discovery Group is pleased to announce that Defense Metals Corp. (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) has joined the group's alliance of public companies, led by Mr. John Robins and Mr. Jim Paterson.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - April 11, 2023) - Discovery Group is pleased to announce that Defense Metals Corp. (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) has joined the group's alliance of public companies, led by Mr. John Robins and Mr. Jim Paterson.
  • Defense Metals is an exploration company focused on the advancement of the Wicheeda REE Property and the acquisition of mineral deposits containing rare earth elements.
  • John Robins, Co-Founder and Principal of Discovery Group, commented: "We are excited to welcome Defense Metals, along with their newest addition to the Board of Directors, Dale Wallster, into Discovery Group.
  • Viewed as being one of the highest-grade deposits globally, and led by a strong management and technical team, Defense has all the attributes we look for in a Discovery Group company.

Global Research and Discovery Group Announces Completion of Research with Impact Biomedical

Retrieved on: 
Tuesday, April 11, 2023

WINTER HAVEN, Fla., April 11, 2023 /PRNewswire/ -- Global Research and Discovery Group today announced that is has completed its five-year research project with Impact Biomedical.

Key Points: 
  • WINTER HAVEN, Fla., April 11, 2023 /PRNewswire/ -- Global Research and Discovery Group today announced that is has completed its five-year research project with Impact Biomedical.
  • It is anticipated that the next phase of the research will shift to licensing the Impact Biomedical portfolio to larger pharmaceutical companies for down range development.
  • The end of the active work on this project comes at a key time for Global Research and Discovery, which will shift to identifying potential collaborations for continued research.
  • This becomes an issue since these financial returns are required to support research for newer and more effective biomedical discoveries.