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Lithium Universe utilises proven procurement strategy for efficient refinery build

LITHIUM UNIVERSE LIMITED

Lithium Universe Ltd (ASX:LU7) will implement the 'same equipment, same supplier' procurement strategy for its planned Bécancour Lithium Refinery in Québec, Canada. This strategy, previously successful at Galaxy Resources’ project, involves using proven equipment designs from top-quality suppliers. Key LU7 personnel visited Hatch Ltd’s Shanghai office and suppliers to solidify this approach, ensuring reliable quality and reducing engineering work for the project’s definitive feasibility study (DFS). This strategy is expected to expedite the engineering process, reduce costs and leverage suppliers' experience to mitigate scheduling disruptions. The company aims to bridge North America's lithium conversion gap and support Canada’s battery supply chain. Test work at Linyi University Lithium Research Centre demonstrated that Bécancour’s design could produce battery-grade lithium carbonate from various spodumene concentrates, meeting stringent specifications. The facility's ongoing test program is crucial for the DFS, with results validating the process design. LU7 plans to establish a vertically integrated lithium processing hub, leveraging its design's flexibility to process feedstocks from multiple sources globally. Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

May 29, 2024 03:40 PM Eastern Daylight Time

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Appstle Presents Appstle Subscriptions, a Pioneering eCommerce Subscription Solution for E-commerce

Prodigy Press Wire

In the current economic climate, the subscription economy is flourishing as businesses pivot towards sustainable and predictable revenue models, which can lead to better CLTV and significantly higher valuation multiples. The shift towards subscription-based models is not merely a trend but a reflection of a transformative change in consumer and business behavior. Customers are increasingly seeking convenience, personalized experiences, and flexibility in their purchasing options. Appstle Subscriptions is positioned at the forefront of this shift, providing merchants with the tools they need to navigate and succeed in the subscription economy. Appstle Subscriptions enables businesses to optimize their subscription offerings, thereby enhancing customer loyalty and retention. By providing varied and flexible subscription options, merchants can cater to the diverse needs and preferences of their customers, ensuring sustained engagement and fostering long-term customer relationships. With a user-friendly admin dashboard, merchants gain access to a suite of management features and automations, ensuring complete control over customer subscription experiences. Merchants can effortlessly create upsells, bundles, build-a-box features, and more, all aimed at optimizing the subscription model to suit their unique business needs and enhance customer engagement. One of the reasons for Appstle’s exponential growth is the 24/7, 365 days access it offers to a team of knowledgeable and highly trained support engineers who are well-versed in e-commerce operations. This ensures that merchants receive expert guidance and support at every stage of their growth journey. The platform also offers growth-focused analytics, enabling merchants to delve deep into their subscription metrics. This data-driven approach allows for precise forecasting of upcoming orders and in-depth and granular exploration into customer Lifetime Value (LTV) data, facilitating informed decision-making and strategic planning. Appstle Subscriptions also boasts a myriad of enterprise features such as powerful APIs for custom experiences, quick checkout options, build-a-box functionality, instant bundling experiences, customizable customer portals, and smart automations. With a consistent rating of 5/5 from over 2,500 reviews, Appstle Subscriptions has already proven to be a game-changer in the eCommerce subscription space. Rakshithaa (Ria) Mahesh, an ex-BCG consultant and co-founder at Appstle, said “our motto is to offer compelling apps at compelling prices. The reason we are growing so much faster than our competitors is because we put customers first, and work really hard to understand exactly what their businesses need”. Hemant Purswani, ex-Apple Siri Senior Software Engineer, who also co-founded Appstle says, “The driving force behind Appstle is our dedicated motivation is to level the e-commerce playing field" About Appstle Based in Menlo Park, California, with additional offices in Canada, Europe, and South Asia, Appstle is dedicated to empowering e-commerce stores through smart, innovative apps designed to drive growth, enhance sales and customer loyalty. With a focus on developing unique and customizable ecommerce solutions, Appstle is committed to helping merchants succeed in an increasingly competitive retail space. Media Contact: Rakshithaa (Ria) Mahesh support@appstle.com Release ID: 1035554

May 29, 2024 02:00 PM Eastern Daylight Time

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North Bay Resources Confirms Nickel-Cobalt Deposit at Tulameen Platinum Project

North Bay Resources Inc

North Bay Resources CEO Jared Lazerson joined Steve Darling from Proactive to announce the latest exploration results from the Tulameen Platinum Project in British Columbia. The company has received assays from recent exploration efforts, revealing significant findings. Nine rock samples were analyzed using Aqua Regia - ICP whole rock analyses, confirming a magnesium-hosted nickel-cobalt deposit with additional copper and platinum group metals. Lazerson elaborated that the Tulameen property is known for hosting a large magnesium deposit, primarily consisting of olivine within a dunite core. Dunite is a common host rock and indicator for nickel, as well as other valuable metals and gems. Historical exploration by Diamet in the 1980s estimated the presence of 15,000,000 tons of dunite in a single zone, mainly in the form of olivine. Moreover, four additional zones have been identified on the property, indicating a substantial mineralization potential. These findings mark a significant milestone for North Bay Resources as they confirm the presence of a multi-metal deposit, which includes valuable nickel and cobalt resources. The confirmation of platinum group metals adds further value to the project, highlighting its potential as a significant source of critical minerals. Lazerson emphasized that the positive assay results support the company's strategic focus on advancing the Tulameen Platinum Project. The presence of high-value minerals such as nickel, cobalt, and platinum group metals aligns with global demand for these resources, driven by their critical role in battery technology, electric vehicles, and various industrial applications. The company plans to build on these findings by conducting further exploration and development activities. This will include detailed geological mapping, additional sampling, and possibly drilling to better delineate the extent of the mineralization and to define a resource estimate. The historical data combined with the recent assay results provide a robust foundation for future work. Contact Details Proactive North America +1 604-688-8158 na-editorial@proactiveinvestors.com

May 29, 2024 01:51 PM Eastern Daylight Time

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Torr Metals Expands Kolos Copper-Gold Project by 75% and Prepares for 2024 Field Season

Torr Metals

Torr Metals CEO Malcolm Dorsey joined Steve Darling from Proactive to announce a significant expansion of the Kolos Copper-Gold Project. Through strategic staking, Torr Metals has increased the project area by 75%, growing from approximately 140 km² to 240 km². This expansion focuses on the northern area of the project, following the extension of the north-trending Fanta Fault. This fault has been identified by the company as a major structural control on copper and gold mineralization in the region. Dorsey also shared that, in conjunction with the project expansion, the company has mobilized a field team in preparation for the upcoming 2024 field season. The team will conduct early reconnaissance at multiple newly identified exploration targets, including a newly discovered mineralized outcrop in the Vik Zone. This proactive approach aims to identify and assess the potential of these targets to expand the resource base and enhance the project's overall value. The Vik Zone outcrop is the first new mineralized rock exposure identified and sampled by Torr Metals within an area that had been recognized as a potential source for anomalous historical silt samples. A rock grab sample taken in 2023 from this outcrop yielded 379 parts per million (ppm) copper (Cu) and 238 ppm molybdenum (Mo). This outcrop is located near a high resistivity ZTEM anomaly, which is interpreted as a potential source intrusion for the mineralization. This anomaly will be one of the key exploration targets for early reconnaissance in 2024. Dorsey emphasized the importance of these new findings, stating that the expansion and identification of new targets significantly enhance the potential of the Kolos Copper-Gold Project. The company's focus on systematic exploration and early-stage reconnaissance aims to uncover additional high-value mineral resources, contributing to the project's growth and development. Looking ahead, Torr Metals is committed to advancing the Kolos Copper-Gold Project through a combination of strategic expansion, rigorous exploration, and efficient resource development. The upcoming 2024 field season will play a crucial role in assessing the newly identified targets and further delineating the mineral potential of the expanded project area. Contact Details Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

May 29, 2024 01:28 PM Eastern Daylight Time

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Nevis Brands Expands Major Brand with Launch of Gummies in Washington State

Nevis Brands

Nevis Brands CEO John Kueber joined Steve Darling from Proactive to announce the exciting expansion of the Major brand from beverages to gummies. Major Gummies will be offered in 100mg packages, containing ten 10mg gummies per package. Notably, these gummies are the only ones in the Washington market to utilize SoRSE emulsion, the same innovative ingredient used in Major beverages, which allows for improved taste and rapid onset. The flavors of Major Gummies will be consistent with the beverage line and will initially be available in Orange Mango and Blue Raspberry. Kueber explained that Nevis' licensee for Major in Washington State has completed its initial round of production, with initial sales set to begin in the first week of June. This timely launch positions Major Gummies to make a significant impact on Q3 financial results. According to the Imarc Group, a research firm, the cannabis edibles market is estimated to be approximately $3.4 billion, indicating substantial market potential for Major Gummies. The introduction of gummies represents a strategic expansion for the Major brand, leveraging the success and consumer trust built through its beverage line. The use of SoRSE emulsion ensures that the gummies will deliver a consistent, high-quality experience with a rapid onset, a key differentiator in the competitive cannabis edibles market. Kueber emphasized that the new product aligns with Nevis Brands' commitment to innovation and quality. By maintaining the flavor profiles and effective delivery system that customers expect from Major beverages, the company aims to capture a significant share of the growing edibles market. The initial focus on Orange Mango and Blue Raspberry flavors highlights the brand's strategy to offer familiar and popular tastes to its consumers. Looking ahead, Nevis Brands plans to expand the distribution of Major Gummies beyond Washington State, exploring opportunities in other markets to further enhance its footprint in the cannabis industry. The successful launch and anticipated positive reception of Major Gummies could pave the way for additional product lines and continued growth. Contact Details Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

May 29, 2024 12:25 PM Eastern Daylight Time

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Altiplano Metals CEO Discusses Expansion Plans Amid Strong Copper and Gold Markets

Altiplano Metals

Altiplano Metals CEO Alastair McIntyre joined Steve Darling from Proactive to discuss the latest results from the company's underground and surface channel sampling at the Santa Beatriz Copper-Gold-Iron Project. The recent sampling efforts confirmed high-grade copper-gold mineralization within the Santa Beatriz vein complex. In total, 98 samples were collected, completing 37 sampling channels, providing substantial data on the vein’s mineral content. McIntyre highlighted the significant potential for further developing Santa Beatriz to enhance its production of copper, gold, and iron. Currently, the mine operates under a permit allowing for 3,000 tonnes per month (tpm), but the company plans to apply for an increase to 5,000 tpm through the appropriate mining authorities. The Santa Beatriz Mine is strategically located just 2 kilometers from Altiplano’s existing Farellon Copper-Gold-Iron Mine operation and 13 kilometers from the El Peñón processing plant near La Serena, Chile. Both the Santa Beatriz and Farellon mines are iron oxide copper-gold (IOCG) deposits situated within Chile's copper-rich IOCG belt, which is associated with the Atacama Fault zone. Looking ahead, Altiplano Metals has several strategic initiatives planned. The company aims to report financial and productivity improvements from its mill operations, continue the underground development at Farellon, and explore further opportunities at Santa Beatriz. With the copper and gold markets performing strongly, these efforts are expected to enhance Altiplano's growth and profitability. Moreover, Altiplano is committed to expanding its asset base while focusing on shareholder returns and maintaining strong environmental, social, and governance (ESG) practices. The company’s strategy includes not only increasing production capacity but also ensuring sustainable and responsible mining practices that align with global ESG standards. McIntyre expressed optimism about the future, noting that the confirmed high-grade mineralization at Santa Beatriz and the potential for increased production capacity present significant opportunities for the company. By leveraging these assets and the favorable market conditions for copper and gold, Altiplano is well-positioned to deliver robust growth and value to its shareholders. Contact Details Proactive North America +1 604-688-8158 na-editorial@proactiveinvestors.com

May 29, 2024 11:25 AM Eastern Daylight Time

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Kodal Minerals CEO Provides Update on Bougouni Lithium Project Development

Kodal Minerals PLC

Kodal Minerals CEO Bernard Aylward joined Steve Darling from Proactive to provide an update on the project development activities at the Bougouni Lithium Project in Southern Mali. The project is fully funded following the completion of a $117.5 million funding transaction. The company reports that the manufacture of the DMS processing plant and crushing circuit is progressing as scheduled, with equipment shipping from China to West Africa expected to begin in early June. Initial shipping of structural steelwork to the project site is also anticipated in June. Aylward mentioned that a consortium of mining contractors has been mobilized to Bougouni, with site clearing completed ahead of plant construction, which is due to commence in early June. Civil construction contracts have been awarded and are set to start in early June. Additionally, resource definition and extension drilling are continuing at the project's Boumou prospect, located within the granted mining license. Geological logging of the drill holes indicates continuity of the pegmatite bodies over a strike length of 970 meters. All assay results for the drilling are pending, with 2,128 samples awaiting testing by ALS Global laboratories. The first production of the Bougouni Stage 1 DMS, with a total output of 125,000 tonnes per annum, is on schedule for Q4 2024 and remains within the capital expenditure guidance of $65 million. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

May 29, 2024 10:45 AM Eastern Daylight Time

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Super League Enterprises Reports Strong Q1 2024 Financials, Expands Marketing via Gaming Platforms

Super League Enterprise Inc

Super League Enterprises CEO Ann Hand joined Steve Darling from Proactive to share the company's impressive first-quarter 2024 financial results. Super League generated solid revenue of $4.2 million, marking a 27% increase compared to the same quarter last year and aligning with consensus forecasts. Hand noted that the first-quarter revenues also reflected the typical seasonality the company experiences at the start of the year. Super League remains focused on accelerating its path to profitability through more aggressive productization, which the company expects to drive up margins in the second half of the year. Hand emphasized the importance of this strategic focus, as it positions the company to maximize revenue potential and improve financial performance in the coming quarters. Super League leverages popular gaming platforms like Roblox, Fortnite, and Minecraft to create marketing channels aimed at Generation Z and Alpha audiences. These platforms are viewed as the next generation of social media, offering brands innovative ways to engage with young audiences through 3D engagement and personalized experiences. Super League primarily targets Roblox due to its large user base, especially among users under 18 years old, but also utilizes platforms like Fortnite to reach older audiences. The company's strategy includes segmenting audiences within these gaming platforms to tailor experiences to specific interests. For example, Super League can target different games within Roblox to appeal to varied user preferences, enhancing the effectiveness of marketing campaigns. This segmentation approach allows brands to reach their desired demographics more precisely, resulting in higher engagement and conversion rates. Recent partnerships have further demonstrated Super League's ability to drive both engagement and sales for major brands. Collaborations with companies like Skechers, Kraft Lunchables, and Chipotle have yielded successful outcomes. Notably, a Chipotle campaign resulted in 130,000 burritos given away in just 30 minutes, setting a record day for app downloads and digital sales. These partnerships highlight Super League's capacity to create impactful marketing initiatives that resonate with young consumers. Hand also discussed the company's ongoing efforts to expand its portfolio of partnerships and enhance its marketing capabilities. By leveraging the immersive nature of gaming platforms, Super League provides brands with unique opportunities to connect with their target audiences in meaningful ways. This approach not only drives brand awareness but also fosters deeper customer loyalty and engagement. Contact Details Proactive North America +1 604-688-8158 na-editorial@proactiveinvestors.com

May 29, 2024 10:43 AM Eastern Daylight Time

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Greenwing Resources unveils 1.07 million tonnes lithium resource at San Jorge

Greenwing Resources Ltd

Greenwing Resources Ltd (ASX:GW1) executive director Peter Wright joins Proactive’s Jonathan Jackson to discuss the company’s San Jorge Lithium Project in Argentina and in particular its maiden mineral resource estimate. The company has calculated 670,000 tonnes of indicated resources and 400,000 tonnes of inferred resources, totalling 1.07 million tonnes of lithium carbonate equivalent (LCE). Laboratory and downhole geophysics (BMR) measurements indicate positive specific yield porosity values averaging 7.4% in the volcanics and sediments. Drilling on the western side of the salar revealed brine mineralisation at depths of 402 and 351 metres in holes SJDD04 and SJDD05, respectively. Further studies suggest the brine body extends to the north and west of the current resource. Greenwing is planning a Phase 2 drilling and testing program to expand the resource footprint and advance process testing. The initial 6-hole drill program targeted the peripheries of the 2,800-hectare salar, with infill drilling planned for the highly prospective salar as part of the follow-up program. Anthon highlighted the significance of the maiden resource estimate achieved through the initial 6-hole program, emphasising the rapid development of the project. The company will also initiate a Preliminary Economic Assessment (PEA) to evaluate the project's development options, including different processing technologies and energy alternatives. Contact Details Proactive Investors Jonathan Jackson +61 413 713 744 jonathan@proactiveinvestors.com

May 29, 2024 10:15 AM Eastern Daylight Time

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