• The nation’s overreliance on foreign sources, adversarial nations for critical minerals and materials poses national and economic security threats, says report
• If establishing critical mineral independence is truly a western goal, it is essential that North American nickel mines be discovered, developed
• Fathom Nickel is focused on supplying critical minerals to support the new green economy

Early in the Biden-Harris Administration, a first-of-its-kind report was released providing a supply chain assessment for critical minerals that found the nation’s “overreliance on foreign sources and adversarial nations for critical minerals and materials posed national and economic security threats” (https://ibn.fm/QOB8b). The report provided several suggestions to rectify the situation, including working with partners and allies to diversify sustainable sources as well as focusing on expanding American mining, which North American-based mining companies such as Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) are working to provide.

If establishing critical mineral independence is truly a western goal, then it is essential that North American nickel mines be discovered and developed. This is becoming increasingly evident as the government’s efforts to work with partners and allies have hit significant roadblocks. A recent Asia Times article (https://ibn.fm/2QFeI) reported that during the 43rd ASEAN Summit in Jakarta last year, Indonesian President Joko Widodo and Vice President Kamala Harris discussed the potential for a U.S.-Indonesia Critical Minerals Specific Free Trade Agreement (CMS-FTA).

“This FTA would allow the U.S. to receive more Indonesian nickel for electric vehicle (‘EV’) batteries, enabling Indonesia to benefit from the tax incentives for EV purchases based on the Inflation Reduction Act, which the U.S. Congress passed in 2022,” the article reported. However, “Indonesia’s EV-fueled nickel industry has morphed into an ‘oligopsony,’ where Chinese buyers drive and dominate market dynamics.”

Consequently, following the summit, “nine U.S. senators sent out a bipartisan letter addressed to the U.S. trade representative, treasury secretary, energy secretary and commerce secretary expressing concerns regarding the CMS-FTA,” the Asia Times reported. “These include weak labor protections in Indonesia, Chinese dominance of its mining industry, environmental implications, and lack of community engagement among Chinese and Indonesian workers.

Indonesian policymakers should take this as a wake-up call to acknowledge and address the absence of beneficial environmental, social and governance practices in its nickel industry, including accounting for the role of Chinese investments.”

In the meantime, while Indonesia works out the challenges facing the CMS-FTA, the government must continue its efforts to support the development of North American mining of critical minerals and materials. Leading companies in this space, such as Fathom Nickel, could play a key role in the United States breaking free from Chinese dominance of essential minerals and supplies.

Fathom Nickel is an energy metals exploration company that is targeting high-grade copper, cobalt and nickel sulfide discoveries for use in the rapidly expanding electric-vehicle and green-energy markets. The company is focused exclusively on supplying critical minerals to support the new green economy, and currently holds two highly prospective nickel projects in Saskatchewan (Gochager Lake Project and Albert Lake Project). Albert Lakes Project is a past-producing, high-grade mine and a historic deposit with high-grade potential. Just recently. Fathom Nickel has significantly expanded the geochemical footprint of their historic Gochager Lake deposit area, increasing its size by up to 25 times. This expansion, revealed through recent exploration work, indicates a substantial enhancement in the potential scale of the deposit, suggesting a promising future ahead.

For more information, visit the company’s website at www.FathomNickel.com.

NOTE TO INVESTORS: The latest news and updates relating to FNICF are available in the company’s newsroom at https://ibn.fm/FNICF

• Torr Metals has strengthened its board by appointing Gordon Maxwell, a highly distinguished geologist who brings nearly four decades of experience from major industry players like Noranda, Xstrata, and Glencore
• Maxwell’s expertise in exploration and sustainable mining, along with his recognized contributions to Indigenous communities, aligns well with Torr’s values and project goals
• The addition of Maxwell mirrors successful strategies by other mining companies that have enhanced corporate value by assembling diverse, experienced boards, positioning Torr Metals for future growth and value creation

Torr Metals (TSX.V: TMET) has made a strategic move to strengthen its board of directors with the appointment of Mr. Gordon Maxwell, P. Geo. This addition brings a wealth of experience and industry connections to the table, proving to be a valuable resource as Torr advances its copper-gold porphyry and orogenic gold projects within world-class Canadian mining districts.

A Career Steeped in Success

Maxwell boasts nearly four decades of experience in the global mining sector. His impressive resume includes leadership roles at industry giants Noranda Exploration, Xstrata, and most recently, Glencore. His extensive background complements the already impressive credentials of Torr Metals’ existing leadership, further enhancing their ability to maximize the potential of their projects with a deep understanding of exploration and development from a major mining company’s perspective.

Maxwell is a highly distinguished B.Sc. Hon. geologist from the University of Manitoba. His significant contributions to the Canadian mining industry have been recognized with prestigious awards, including the 2012 David Barr Award from AME (Association for Mineral Exploration) BC for Health and Safety and the 2019 PDAC (Prospectors and Developers Association of Canada) Skookum Jim Award for his exceptional impact as an Indigenous leader in the sector. He serves on the PDAC board and its Health and Safety, Geoscience and Innovation, and Aboriginal Affairs committees. Additionally, he advises the Centre of Excellence for Sustainable Mining & Exploration, which promotes research, education, and outreach on the environmental and social aspects of mineral exploration and extraction.

Maxwell’s contributions clearly extend far beyond technical prowess. His recognized work with Indigenous communities aligns perfectly with Torr Metals’ values and vision for the future. Building strong relationships with local communities is essential for successful exploration projects, and his experience will undoubtedly be a valuable asset in this area.

Knowing the Area

Torr Metals’ flagship properties include the Kolos Copper-Gold Project, a ~240 km² site located in the prolific copper-producing Quesnel Terrane of south-central British Columbia, approximately 286 kilometers northeast of Vancouver. Additionally, the ~261 km² Filion Gold Project is situated within an unexplored gold-bearing greenstone belt, just 202 kilometers from Timmins in northern Ontario.

Malcolm Dorsey, President and CEO of Torr Metals, recognizes the significant value Maxwell brings to the board. “With his wealth of knowledge in the regions and mineralizing systems central to our projects, alongside a distinguished career at industry giants like Noranda, Xstrata, and Glencore, Gordon brings a level of unparalleled expertise that will significantly enhance our exploration efforts. His deep understanding of these geological settings, paired with his commitment to health, safety, and sustainable mining practices, will be instrumental as we advance our projects,” said Dorsey in a statement announcing Maxwell joining the Torr team.

The Power of a Well-Rounded Board

Torr Metals’ choice to bolster its board by bringing on industry veteran Maxwell is a strategic step that reflects the successful approach taken by other junior mining companies including Great Bear Resources (GBR.V). By adding directors with substantial major mining experience early in their development, these companies have effectively navigated the challenges of exploration and attracted major mining firms. A diverse and experienced board not only improves strategic decision-making but also reduces risks, setting the company up for sustainable growth and future success.

Looking Ahead: A Strong Foundation for Growth

Maxwell’s appointment highlights Torr Metals’ dedication to responsible and strategic resource exploration. His expertise, combined with the company’s focus on accessible locations rich in copper and gold, supported by robust mining and provincial infrastructure and sustainable practices, sets the stage for long-term success. With this strong foundation, Torr Metals is well-positioned to advance its projects and create value for shareholders.

For more information, visit the company’s website at www.TorrMetals.com.

NOTE TO INVESTORS: The latest news and updates relating to TMET are available in the company’s newsroom at https://ibn.fm/TMET

• The extended product roadmap is part of the company’s efforts to strengthen the connection between quantum optimization, AI and Machine Learning (“ML”), in order to bring new Quantum Artificial Intelligence (“AI”) solutions to market
• D-Wave’s annealing quantum computing solutions could play a key role in improving AI/ML with more efficient model training, reduced energy consumption, and faster time-to-solution
• The company’s Quantum AI solutions could be transformative, bringing a powerful new set of new computing tools for generative AI

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, and the first commercial provider of quantum computers, was featured in a NetworkNewsAudio syndicated broadcast highlighting the company’s extended quantum AI product roadmap and enhancements to its Leap(TM) quantum cloud service. The audio broadcast can be heard at: https://ibn.fm/IcPYR.

D-Wave announced the extended roadmap as part of its efforts to strengthen the connection between quantum optimization, AI, ML, in order to bring new Quantum AI solutions to market.

The development initiative comes in response to growing demand from customers and has the potential to solve one of the broader AI industry’s biggest problems: the rapidly escalating compute requirements and the associated energy costs needed to satisfy a growing set of use cases.

“We’re seeing early evidence that annealing quantum computing could play a key role in helping AI/ML with more efficient model training, reduced energy consumption and faster time-to-solution,” said Dr. Alan Baratz, CEO of D-Wave (https://ibn.fm/kvOZG). “With results demonstrating our annealing quantum computer’s ability to outperform classical techniques, coupled with rapidly increasing demand from our customers for Quantum AI solutions that integrate with their business optimization requirements, we believe the impact of D-Wave’s Quantum AI solutions could be transformative, bringing a powerful new set of new computing tools for generative AI.”

The roadmap is designed to help customers address various AI/ML workloads including pre-training optimization, more accurate and efficient model training, and opening new AI business use cases that require the integration of AI and business optimization. Customer use cases related to D-Wave’s Quantum AI solutions include:

• Improved biological data analysis: Researchers in Germany used D-Wave’s quantum technology to develop a machine learning tool that predicts protein-DNA binding with greater accuracy than traditional methods.
• Faster processing power: TRIUMF, Canada’s particle accelerator center, is showing significant speed-ups of D-Wave’s quantum processing unit (“QPU”) over classical approaches for simulating high-energy particle-calorimeter interactions – potentially leading to major efficiencies where the AI model is used to create synthetic data.
• More accurate samples for training Restricted Boltzmann Machine (“RBM”) architectures: Honda Innovation Lab and Tohoku University developed a method to fine-tune D-Wave’s quantum computers to generate highly accurate samples for training RBMs. This approach yielded better results than traditional algorithms and significant improvements in model performance.

For more information, visit the company’s website at www.DWaveQuantum.com.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

Forward Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of the company’s most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of the company’s Quarterly Reports on Form 10-Q and in the company’s other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to the company on the date hereof. The company undertakes no duty to update this information unless required by law.

The 11th Annual Solar & Storage Symposium at RE+ by Roth Capital Partners will held September 10-11, 2024, at the Anaheim Convention Center in Anaheim, CA. The symposium represents public and private solar and storage companies spanning the industry ecosystem. Roth Capital Partners has been organizing these symposiums since 2005, with a vision to bring industry personnel on a common forum for interaction, networking, education, and business.

The Roth symposium includes presentations, discussions, fireside chats, and small group meetings. The Roth team will conduct 40-minute one-on-one meetings between the investors and management for insights into the workings of each company. Investors can connect with the executives of 25 public and private solar and storage companies to understand their operations and goals. The symposium offers a phenomenal platform for newcomers and aspiring companies to showcase their novel ideas and latest technologies to a crowd of eminent industry investors and giant companies.

On the first day, after the conference registration and morning coffee, attendees can proceed with the small group meetings, keynote presentations, and lunch. The Roth Sustainability Team, along with RE+, is organizing the Oktoberfest Networking Reception. The highlight of day two is the company fireside chats with senior research analyst Phil Sen.

At the symposium, leaders and investors in the solar and storage industry arena will share their invaluable ideas and insights that will shape the future. Startups can learn important strategies and trends by participating in group discussions and chats.

Roth conferences offer companies and investors from different industry verticals the opportunity to connect and develop long-term business relationships. Participants, sponsors, and presenting companies all get maximum exposure. Investors discover new talent while companies can explore growth and business opportunities at the Roth Symposium.

This is an invite-only event. Registration is subject to approval.

To learn more, please visit https://ibn.fm/eZv8e

• SenesTech recently issued new unregistered warrants and closed on an exercise of certain existing warrants, raising approximately $2.3 million in aggregate gross proceeds
• The company plans to use the proceeds of the warrant exercise to continue with its rollout of the Evolve(TM) product line (Evolve Rat and Evolve Mouse), the industry’s only soft bait product line to control rodent populations by restricting fertility
• The company’s Evolve products, controlling rodents through rodent birth control versus poisons, represent safer alternatives to second-generation rodenticides, which threaten numerous species that ingest poisoned rodents, contaminated feces, contaminated soils, and sometimes the poisoned baits themselves
• The U.S. Environmental Protection Agency is expected to come up with tighter regulations on second-generation poisons, positioning SenesTech for continued growth as demand increases

SenesTech (NASDAQ: SNES), the leader in fertility control to manage animal pest populations, recently issued new unregistered warrants to purchase up to an aggregate of 1,011,004 shares of common stock at $4.35 per unit in a private placement. The company also closed on an exercise of certain existing warrants to purchase 505,502 shares of its common stock at a reduced exercise price of $4.60 per unit, raising approximately $2.3 million in aggregate gross proceeds. SenesTech intends to use the net proceeds from this transaction for working capital and general corporate purposes (https://ibn.fm/o12H7).

“In a simple sense, we believe that the proceeds allow us to continue with our rollout of the Evolve(TM) product line. We believe that this financing will enable us to execute these plans,” said Joel Fruendt, SenesTech President and CEO.

Evolve(TM) Product Line

SenesTech introduced Evolve(TM) soft bait for rats in October 2023 as a superior solution for effective rodent control. The product contains cottonseed oil, an active ingredient extracted from cotton plants. The compound, SenesTech says, interferes with the reproductive systems of both male and female rats, restricting their fertility using different approaches.

In male rats, Evolve reduces sperm count, motility, and viability. In female rats, it disrupts estrous cycles (the recurring patterns of ovarian activity during the rats’ reproductive phases), affects follicles (sacs inside the ovaries that house growing eggs), and reduces pregnancy rates. These effects, which are both dose and time-dependent, help control rat populations.

To expand its addressable market, SenesTech introduced in May the Evolve(R) Mouse, a mouse product that uses the company’s breakthrough fertility control solution. “We would expect the market for a mouse product would at least double the addressable market for the Evolve product line,” conveyed Fletcher Cline, President of DIY Pest Control, one of SenesTech’s distributors and online retailers (https://ibn.fm/gZ2N8).

The appeal of SenesTech’s Evolve Rat and Evolve Mouse products is driven by numerous factors. First, both products are designated as ‘minimum risk’ by the U.S. Environmental Protection Agency (“EPA”), under FIFRA 25(b), meaning they pose little or no risk to human health and the environment. Secondly, according to Fruendt, the Evolve product line is a viable alternative to historical lethal methods for rodent infestations, which are failing and are under increased scrutiny for their impact on food webs.

Negative Impact of Second-Generation Rodenticides

The second-generation poisons are anticoagulants, blocking the blood’s ability to block. They cause death by triggering internal bleeding, with the same fate befalling predators or scavengers that eat the poisoned rodent, especially if the quantity of poison ingested is large enough. The poisons may also indirectly cause death by predisposing predatory birds to collide with a vehicle or fly into a building.

The supporting evidence exists: A 2023 draft evaluation by EPA, for instance, found that rodenticides, including second-generation compounds, threaten numerous species of animals, from predatory birds such as hawks, eagles, and owls to animals like wolves, foxes, skunks, and coyotes. Additionally, rodent poisons have also been detected in cockroaches, beetles, geckos, shellfish, snails, slugs, and dead frogs, which may have eaten poisoned prey, contaminated soil, contaminated rodent feces, and, in some instances, the poisons (https://ibn.fm/pVIqK).

The already devastating consequences of using these rodenticides are compounded by their long half-lives. Some testing suggests that the second-generation poisons can remain in rat livers for almost a year post-ingestion before losing potency. This trait eliminates any time-dependent poisonous attribute, predisposing predators and scavengers to harm regardless of when they actually feed on the poisoned rodents.

These poisons have also been shown to pose a threat to children because of the potential for accidental poisoning of people. In light of this revelation, the EPA in 2008 imposed rules banning the sale of second-generation rodenticides in settings where nonprofessionals could purchase them. They must also be sold in large quantities. The rules, however, had loopholes that still ensure accessibility for many consumers. As concerns continue to mount, the EPA has proposed tighter restrictions and is undertaking an evaluation that will guide the future use of these poisonous compounds.

Better Alternatives

But, as the country awaits EPA’s decisions and potential restrictions, it is increasingly becoming clear that rodents can be controlled without poisons. Edible compounds that reduce fertility are an available and viable alternative approach alongside snap traps and ecologically based rodent management.

For its part, SenesTech holds that its Evolve product line is the industry’s only soft bait product line to control rodent populations by restricting fertility. In this regard, the company is ideally positioned as the rodent control market looks for safer alternatives to poisons. And in recognizing the impact of rodent control products on food chains and webs, SenesTech has engineered the Evolve product line to pose no risk to non-target animals.

According to SenesTech, the low active levels in Evolve are designed for the body mass of rats and mice, “so larger mammals would need to repeatedly ingest a substantial amount over several weeks to see any effects.” Additionally, the company has observed that birds appear more tolerant because they have different intestinal tracks and modes of digestion (https://ibn.fm/OSJWd).

To tap into future and emerging opportunities while catering to its addressable market, SenesTech’s R&D team is continuously working on improving its products. “Future iterations may incorporate different active ingredients or enhanced formulations based on ongoing research and feedback,” the company says.

For more information, visit the company’s website at www.SenesTech.com.

NOTE TO INVESTORS: The latest news and updates relating to SNES are available in the company’s newsroom at https://ibn.fm/SNES

• The company reports the successful production and completion of four workovers, along with increased gas production capacity, at its Black Sea asset
• “This early return on our investment is a clear indicator of the field’s robust production potential,” notes the CEO

Trillion Energy International (CSE: TCF) (OTCQB: TRLEF), a company focused on oil and natural gas production for Europe and Türkiye, is marking a significant milestone in its strategic perforation program. The company reports the successful production and completion of four workovers, along with increased gas production capacity, at its Black Sea asset (https://ibn.fm/GEzxE).

“The wells on the Akcakoca Platform have been completed successfully with gas production and well head pressure (‘WHP’) continuing to increase,” stated Trillion Energy CEO Arthur Halleran. “This early return on our investment is a clear indicator of the field’s robust production potential. The results are very positive, giving us good indications that decreasing the production tubing size from 4-1/2 inches to 2-3/8 inches, using velocity strings, should stabilize gas production at the targeted rates.”

In the production update for the SASB gas field, the company noted that the SASB revitalization program was “off to a great start, having realized the complete payback of recent perforation costs in just 35 days of production.” The report noted that, in the first phase of the workover, all remaining gas pay on the Akcakoca platform was perforated, including three long-reach deviated gas wells (Guluc-2, South Akcakoca-2 and West Akcakoca-1) and a complete legacy well, Akcakoca-3.

“The wells started production over a staggered period from July 9 to July 28 and have already produced 140 million cubic feet (‘MMcf’) representing a 35-day payoff of the recent perforation CAPEX,” the report observed. “South Akcakoca-2 has been producing for 36 days, stabilizing at approximately 2.75 MMcf per day. Guluc-2 has produced an average production of 2.0 MMcf/d for over three weeks and now produces at a stable rate of about 1.25 MMcf/d. West Akcakoca-1 has produced an average of 0.60 MMcf/d for over two weeks with some irregularities and has not yet stabilized.”

The company noted that Akcakoca-3 was perforated, and while gas flow did not initially occur, the WHP has steadily increased from 100 psi to 478 psi. The company anticipates that the well will start producing soon. The company also reported that gas production from the Akcakoca Platform has averaged 4.6 MMcf/d since the perforation program ended.

In addition, Trillion announced that its board of directors authorized the granting of stock options under its Stock Option Plan to specified company directors, officers, employees and consultants. The approval is for the purchase of 8,800,000 common company shares at $0.14 per share for a five-year term, set to expire on Aug. 12, 2029.

Trillion Energy International is focused on oil and natural gas production for Europe and Türkiye with natural gas assets in Türkiye. The company holds a 49% interest in the SASB natural gas field, a Black Sea natural gas development, and a 19.6% (except three wells with 9.8%) interest in the Cendere oil field. Trillion Energy is also pursuing oil exploration in southeast Türkiye and beyond.

For more information, visit the company’s website at www.TrillionEnergy.com.

• INM-901 oral formulation shows encouraging results in preclinical studies
• High bioavailability of INM-901 oral formulation was shown to provide similar drug concentration levels in the brain as intraperitoneal injection
• Oral delivery method offers advantages such as lower treatment costs, in comparison with intravenous delivery of large molecule antibody therapies
• The company is conducting further research including drug metabolism studies, dose ranging studies and pharmacokinetic studies

InMed Pharmaceuticals (NASDAQ: INM), a clinical stage pharmaceutical company focused on developing a pipeline of proprietary small molecule drug candidates targeting the CB1/CB2 receptors, announced that its drug candidate INM-901 as an oral formulation will be used in its development programs for Alzheimer’s disease following encouraging results obtained in preclinical trials (https://ibn.fm/D99wp).

INM-901 is a small molecule drug candidate that demonstrated multiple pharmacological effects in preclinical studies including neuroprotective effects, extending the length of neurites which is important for brain cell-to-cell communication, as well as reducing neuroinflammation. These preclinical studies were conducted in well-characterized study models of Alzheimer’s disease.

Recent preclinical studies further showed that INM-901 can be administered orally, with the same therapeutic effects in the brain as intraperitoneal injections. INM-901 oral formulation was shown to maintain similar drug exposure levels as intraperitoneal injections over a 24-hour period. Oral delivery offers multiple advantages, including an overall reduction in treatment delivery costs compared to intravenous delivery of large molecule antibody therapies currently administered in such cases.

Large molecule antibody therapies are difficult to formulate orally and also present significant challenges to gastrointestinal tract absorption and further blood stream delivery, which is why IV or subcutaneous delivery methods need to be used instead. Additionally, large molecule therapies come with significant side effects, such as brain inflammation and bleeding, which requires constant monitoring and regular brain scans.

InMed Pharmaceuticals is confident INM-901 oral formulation can address these issues by achieving better absorption in the GI tract and in the blood stream, effectively penetrating the blood-brain barrier, in addition to ease of administration and higher accessibility to patients.

“We are excited by the recent data confirming that INM-901 can be delivered across the blood brain barrier to the brain tissue as an oral formulation which provides significant advantages for further development of this compound in the treatment of Alzheimer’s,” said Michael Woudenberg, InMed’s Chief Operating Officer and SVP of Chemistry, Manufacturing and Controls. “Similar drug levels in the target tissue are not usually seen between oral versus IP delivery. The supporting data generated by the oral formulation provides an attractive therapeutic approach given the many challenges associated with delivery of drug(s) to the brain.”

The company is already conducting further research for the drug candidate substance and the product formulation, including dose ranging, drug metabolism and pharmacokinetic studies in view of submitting INM-901 for investigational new drug status with the Food and Drug Administration.

The Alzheimer’s therapeutics market is projected to grow significantly in the coming years, driven by an aging global population and increasing prevalence of the disease. In 2022, the market was valued at $4.05 billion, and is expected to grow at a compound annual growth rate of 19.99% from 2023 to 2030, with a growing demand for effective therapies that can halt or slow the progression of the disease (https://ibn.fm/NeIBV).

Given the current landscape, the positive preclinical results of INM-901 position InMed Pharmaceuticals as a potential leader in the development of promising, innovative treatments for Alzheimer’s. The formulation’s success could mark a significant advancement in Alzheimer’s care, offering hope to millions of patients worldwide.

For more information, visit the company’s website at www.InMedPharma.com.

NOTE TO INVESTORS: The latest news and updates relating to INM are available in the company’s newsroom at https://ibn.fm/INM

• Platinum group metals (“PGMs”) are a special selection of six critical metals—platinum, palladium, rhodium, osmium, iridium and ruthenium—that are essential for a sustainable future
• Most PGMs are being mined from a single area in South Africa
• The Waterberg Project, operated by Platinum Group Metals, is projected to be one of the largest and lowest-cost PGM mines globally

Platinum Group Metals (NYSE American: PLG) (TSX: PTM), a company that operates the Waterberg PGM Project in South Africa, is strengthening its foothold in a niche sector of mining: platinum group metals (“PGMs”). The company’s primary business objective is to advance the Waterberg Project to a development and construction decision.

“Platinum group metals, or PGMs, are a very special selection of six metals [platinum, palladium, rhodium, iridium, osmium and ruthenium] that we find in the periodic table,” reported Sarah Gordon, cofounder of Critical Productions, a company that believes raw materials are essential for a sustainable future (https://ibn.fm/RVXBI). “They’re special because we find them in catalytic converters — so, in the exhausts of our vehicles — and they’re there because they help take out some of the nastier emissions generated by our combustion engine, so they don’t go into the atmosphere.

“We can also use PGMs in things like medicine,” Gordon continued. “They are great at forming different component parts of different medical implements within our bodies. They’re also a key component part of hydrogen power, so by pumping them through these membranes, you get hydrogen and you get oxygen, and then we use the fuel cells that also require the PGMs to be able to combine them back together again. So that’s where we get the power in hydrogen power.”

The report noted that the supply of PGMs is limited, with most PGMs being mined from a single area in South Africa, with smaller producers in Russia and the United States. The Waterberg Project, operated by Platinum Group Metals and projected to be one of the largest and lowest-cost PGM mines globally, is located on the Northern Limb of the Bushveld Complex in South Africa. The project was discovered by Platinum Group in 2011 and is planned as a fully mechanized platinum, palladium, rhodium and gold mine, including byproduct copper and nickel production.

“PGMs are critical for pollution control in the automotive sector, including traditional internal combustion engines (‘ICE’) and the growing gasoline hybrid and plug-in hybrid (‘PHEV’) segments,” states Platinum Group. “PGMs also play a critical role in fuel cell technology and the production of hydrogen.”

The Waterberg Project is a joint venture between Platinum Group, integrated PGM producer Impala Platinum Holdings Ltd. (OTCQX: IMPUY), Japanese consortium HJ Platinum (which includes trading house Hanwa Co. and the government-backed Japan Organization for Metals and Energy Security) and empowerment partner Mnombo Wethu Consultants (Pty) Ltd. Platinum Group has an effective 50.22% interest in the Waterberg Project.

For more information, visit the company’s website at www.PlatinumGroupMetals.net.

NOTE TO INVESTORS: The latest news and updates relating to PLG are available in the company’s newsroom at https://ibn.fm/PLG

• Nightfood Holdings Inc. has expanded beyond its core business of healthier late-night snacks by acquiring Future Hospitality Ventures, specializing in game-changing technologies for the hospitality industry
• The acquisition aligns with Nightfood’s mission to identify and exploit explosive market trends within the hospitality, foodservice, and consumer goods sectors
• Nightfood’s aggressive approach positions it at the intersection of food and technology, driving growth opportunities in both its traditional and newly ventured markets

Nightfood Holdings (OTCQB: NGTF) is the pioneer in providing sleep-friendly nighttime snacks.

The company’s recent acquisition of Future Hospitality Ventures marks a strategic pivot, as it aggressively expands beyond the food sector and into the broader service industry, specifically the Robot-as-a-Service (“RaaS”) market. According to Grand View Research, the global RaaS market size was estimated at $1.05 billion in 2022 and is expected to grow at a compound annual growth rate of an impressive 17.5% from 2023 to 2030.

Now, Nightfood is close to finalizing an acquisition of CarryOutSupplies, a reemerging provider of innovative packaging solutions to foodservice and hospitality providers with millions in annual revenue and an aggressive growth plan.

Let’s explore the opportunities and upside of these recent transactions.

Addressing Industry Challenges with Robotic Automation

The acquisition of Future Hospitality Ventures is a significant step for Nightfood as it broadens its operational scope. This strategic alignment allows Nightfood to tap into new revenue streams and diversify its business portfolio. Most importantly, the company is set to be a first mover in the massive foodservice and hospitality industries, which are both experiencing radical tectonic transformation due to unstoppable outside forces.

Future Hospitality Ventures specializes in innovative technologies like robotic automation to solve existential challenges in the foodservice and hospitality industries. These include a decimated workforce, skyrocketing labor costs, and vanishing margins. By integrating automation solutions, Future Hospitality helps their hospitality and foodservice clients survive and thrive through streamlining operations, enhancing efficiency, and ultimately, improving the overall customer experience.

Robotic automation can handle complex tasks such as increasing food production, enhancing order processing, food preparation and delivery. This frees up valuable human staff to focus on higher-level tasks such as planning and customer interactions, ensuring more efficiency and improved customer experience.

Daily headlines show us that operators in foodservice and hospitality are currently being forced to adapt or go extinct.

Nightfood’s Future Hospitality delivers the technological solutions shaping the future of these massive industries.

Synergy with Existing Products

While NGTF hasn’t mentioned cross-selling opportunities, there’s a potential connection between its existing product line and its new service ventures. The company’s focus on healthy snack options and pending wholesale business align with the hospitality industry’s trend towards offering better-for-you food choices. Nightfood could leverage its brand recognition to propose integrated solutions for restaurants and hotels, offering both tech-driven operational improvements and healthier snack options to cater to health-conscious consumers.

A Trend Towards Service-Tech Integration

Nightfood’s expansion into hospitality technology reflects the new harsh realities in the service industry. Companies either adapt to the new tech, or they die. There is no third option.

Nightfood’s acquisitions of Future Hospitality and CarryOutSupplies reflect the company’s overarching value proposition to shareholders: To identify and exploit explosive market trends within the hospitality, foodservice, and consumer goods sectors. By leading newly emerging categories and by identifying opportunities in existing markets undergoing transformational upheaval, Nightfood’s goal is to create upside potential unmatched in more mature markets.

For more information, visit the company’s website at https://nightfood.com.

NOTE TO INVESTORS: The latest news and updates relating to NGTF are available in the company’s newsroom at http://ibn.fm/NGTF

The MoneyShow Powerful Investing & Trading Strategies Virtual Expo was successfully conducted from Aug. 20 to Aug. 22, 2024. Traders, investors, and market leaders from across the globe were invited to share the online conference space, providing and receiving actionable financial advice. Proven market leaders shared insights on how traders and investors can adapt to changing market conditions to generate maximum profits.

Operational for the last 43 years, MoneyShow brings traders and investors to common forums in-person and online for interaction, networking, and collaboration. MoneyShow hosts conferences and expos where financial experts give critical advice that helps investors safeguard and strengthen their portfolios. Participants get access to robust financial tools, the latest news, and a massive content library on investing and trading.

Each MoneyShow Virtual Expo offers an interactive experience for traders and investors from all across the world. The events feature LIVE presentations from influential experts where attendees can directly chat with them.

The August expo also offered an interactive educational platform for investors and traders, one where they could connect in one-on-one meetings to get an in-depth understanding of each other’s vision and operations.

Attendees learned the best strategies to adapt to a volatile environment and smartly expand their portfolio. Industry experts gave insightful strategies on which stocks, ETFs, and other asset classes to invest in for potential capital appreciation. Industry leaders, investors, traders, and colleagues connected to discuss the best ways to maximize profits and boost their investment value.

In addition, the MoneyShow online conference featured virtual booths that housed message boards, findings of the latest research, educational content, prize offers, and more. Participants could access the downloadable educational material and store all data in one place.

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