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HeartBeam Inc. (NASDAQ: BEAT) Combats Rising Heart Disease Numbers by Leading Out in Heart-Attack Detection Space

  • Rates of cardiovascular risk factors, disease and heart attacks projected to increase significantly
  • HeartBeam offers a personal, portable and easy-to-use heart-attack detection solution
  • “Our HeartBeam AIMI and HeartBeam AIMIGo solutions will transform the way patients and doctors detect heart attacks,” states CEO
With heart disease consistently being the leading cause of death in the United States (https://ibn.fm/kDLwz), companies such as HeartBeam (NASDAQ: BEAT) that are focusing on solutions are gaining both attention and support. As a cardiac technology company, HeartBeam is leading the way in identifying heart attacks by developing a personal, portable and easy-to-use heart-attack detection solution. HeartBeam’s efforts appear even more important looking forward. A recent Science Daily article (https://ibn.fm/xuLIq) reported that “by the year 2060, projected rates of cardiovascular risk factors and disease will increase significantly in the United States, according to a study published today in the Journal of the American College of Cardiology. Substantial increases in cardiovascular trends may contribute to a rising burden on the U.S. health care system and highlight the need for equitable access to prevention education and treatments now to prevent future disease.” Major cardiovascular (“CV”) risk factors include unhealthy diet, physical inactivity, tobacco use and harmful use of alcohol. “Among the general U.S. population, all four CV risk factors are expected to increase from 2025 to 2060,” the article continued. “The researchers found that stroke (33.8% to 15M) and heart failure (33.4% to 13M) were the highest projected increases in rates of cardiovascular diseases, followed by ischemic heart disease (30.7% to 29M) and heart attack (16.9% to 16M).” HeartBeam is focused on those rising heart attack numbers. The company has two patented products in development: HeartBeam AIMI(TM), software for acute care settings that provides a 3D comparison of baseline and symptomatic 12-lead ECG to more accurately identify a heart attack, and HeartBeam AIMIGo(TM), the first and only credit-card-sized 12-lead output ECG device coupled with a smartphone app and cloud-based diagnostic software system to facilitate remote heart-attack detection. “Developed by our pioneering team, our HeartBeam AIMI and HeartBeam AIMIGo solutions will transform the way patients and doctors detect heart attacks,” stated HeartBeam CEO and founder Branislav Vajdic, PhD (https://ibn.fm/XdfZO). “By providing remote, 12-lead 3D vector ECG capability, the HeartBeam platform intends to offer fast, accurate detection of heart attacks and complex cardiac arrhythmias for the first time outside of a medical setting.” The company anticipates receiving regulatory approval soon for the use of the HeartBeam AIMI system in acute-care settings. In a recent report to shareholders, Vajdic noted that the company is in discussions with the FDA and expects the system to be cleared in Q1 2023. In an emergency situation, the software will provide an attending physician with an instant comparison of the patient’s baseline and symptomatic ECG along with diagnostic suggestions, enabling medical care providers to quickly determine if a patient needs intervention or can be discharged, which helps manage ED capacity. The company is planning to submit the first version of HeartBeam AIMIGo to the FDA in Q1 2023 as well. For more information, visit the company’s website at www.HeartBeam.com. NOTE TO INVESTORS: The latest news and updates relating to BEAT are available in the company’s newsroom at https://ibn.fm/BEAT

CubCrafters Inc. Acquires Summit Aircraft Skis and Celebrates Contract Extension with US Government

  • CubCrafters has acquired Summit Aircraft Skis, including the company’s design and manufacturing assets, unique patents, and related intellectual property
  • The US Department of Agriculture Wildlife Service recently selected CubCrafters’ flagship FAA-certified CC19 XCub for a new government aircraft-fleet-modernization contract
  • CubCrafters is now offering investment opportunities through a Regulation A+ offering – managed through Manhattan Street Capital
CubCrafters, a producer of best-in-class Backcountry Aircraft, announced its acquisition of Summit Aircraft Skis, including the company’s design and manufacturing assets, unique patents, and related intellectual property, from the Summit Aircraft Corporation of Sandpoint, Idaho, last month. Its unique design allows pilots to quickly and easily configure aircraft when flying in remote and primitive areas, which are otherwise inaccessible during winter months when runways are not maintained. Summit Aircraft Skis are favored by CubCrafters’ Carbon Cub aircraft owners and preferred by the owners of many other types of backcountry capable aircraft. Patrick Horgan, President and CEO of CubCrafters, said he was very pleased to welcome Summit’s customers and products into the CubCrafters family. “It has been a joy for our team to work together with Mike Custard, Summit’s founder, to coordinate a smooth ski manufacturing transition. Adding Summit Skis to the CubCrafters product lineup allows us to better meet our customers’ needs and adds a new profit center,” Horgan explained (https://ibn.fm/K086W). “We see great potential for growth with the Summit brand that we want to be a part of going forward.” CubCrafters designs and manufactures Experimental, LSA, and Part 23 Certified aircraft. The Carbon Cub family of aircraft has redefined how pilots experience backcountry flying through innovative design, modern materials, powerful engines, and breakthrough performance. The company’s flagship XCub aircraft is offered in both nosewheel and tailwheel configurations and substantially expands the profile for sport utility aircraft with higher speeds, longer ranges, and larger payloads possible. CubCrafters’ key to success is its ability to create unique value in the experience of adventure aviation. For nearly two decades, CubCrafters has supplied aircraft to various United States Federal Government agencies, including the US Air Force Research Laboratory, US Air Force Fight Academy, US Department of Agriculture, US Department of Homeland Security, and the US Department of the Interior. Federal civilian agencies use CubCrafters aircraft for aerial survey missions, natural resource management, patrol, surveillance, and search and rescue missions – including the US Air Force, which has tested various sensors and glider towing. The US Department of Agriculture Wildlife Service recently selected CubCrafters’ flagship FAA-certified CC19 XCub for a new government aircraft-fleet-modernization contract, which will extend the company’s long-term working relationship with the government. A recent article in General Aviation News quotes Horgan as saying that the new contract was very important for CubCrafters as a supplier for the US government, but also for investors participating in the company’s ongoing public offering (https://ibn.fm/Nc3l0). “This sale demonstrates that our newest generation of fully certified modern utility aircraft can replace the aging fleet of legacy aircraft now in service. It shows that there is a very bright future for our fleet sales program.” CubCrafters was recently qualified by the Securities and Exchange Commission to make a $50 million public stock offering to investors. For the first time in the 42-year history of CubCrafters, investors at all levels can purchase stock in the company through its Regulation A+ offering. Investments are being handled by Manhattan Street Capital. More information on the investment process can be found at https://ibn.fm/RdhfN. Note:  The 2023 CubCrafters calendar is ready to ship and is free to customers, fans, and general aviation enthusiasts. To order the 2023 CubCrafters calendar, visit https://ibn.fm/MeR10. For more information, visit the company’s website at www.CubCrafters.com. NOTE TO INVESTORS: The latest news and updates relating to CubCrafters Inc. are available in the company’s newsroom at https://ibn.fm/CUB

BiondVax Pharmaceuticals Ltd. (NASDAQ: BVXV) Developing Innovative Inhaled NanoAb Therapeutics for Multiple Indications, Including COVID-19

  • Current monoclonal antibody therapies less effective against emerging COVID-19 variants
  • BiondVax is developing an inhaled nanosized antibody (NanoAb) therapy for COVID-19 with human clinical Phase 1/2a results anticipated in 2023
  • The global monoclonal antibodies market was valued at $185.5 billion in 2021 and is projected to grow at a CAGR of 11.3% due to the rising prevalence of chronic diseases and demand for biologics
  • The biologics market size was valued at $366.5 billion in 2021 and is expected to reach $719.94 billion by 2030
According to a new study, new COVID-19 subvariants have become dominant in recent months, rendering some current vaccines and treatments less effective, which could results in a surge of breakthrough infections. To date, the BQ.1, BQ.1.1, XBB, and XBB.1 omicron subvariants are the most immune evasive variants of COVID-19 – causing 72% of new infections in the United States, according to data from the Centers for Disease Control and Prevention (https://ibn.fm/0n3vY). With scientists finding that these subvariants are “barely susceptible to neutralization” by vaccines, including the new omicron boosters, the immune response of people vaccinated and who had breakthrough infections with prior omicron variants are also weaker against subvariants (https://ibn.fm/fpdPg). The intended inhaled mechanism of delivery of BiondVax Pharmaceuticals’ (NASDAQ: BVXV) COVID-19 nanosized antibody (NanoAb) formulation may serve as a significant differentiator when compared to approved monoclonal antibodies, which are injected. Inhaled delivery has shown to be cheaper, more convenient, and likely safer for patients and providers. BiondVax recently reported data from a preclinical in vivo study indicating that compared to the control (placebo) group, hamsters treated with BiondVax’s inhaled NanoAb one day after infection had negligible (below detection level) SARS-COV-2 viral titers in their lungs, and experienced a milder and shorter illness in comparison to the placebo group that had average 30 times higher viral titers in their lungs at the end of the trial. BiondVax’s human clinical Phase 1/2a for the inhaled COVID-19 NanoAb therapy is anticipated in 2023. NanoAbs, also known as VHH-antibodies or Nanobodies, are alpaca-derived nanosized antibodies that exhibit multiple significant competitive advantages over existing antibody therapies, including stability at high temperatures, superior binding affinity, more effective and convenient routes of administration, and efficient production. BiondVax is uniquely positioned to advance nanosized antibody innovation from R&D through commercialization. The biologics market size was valued at $366.5 billion in 2021, and is expected to grow at a CAGR of 7.15%, reaching $719.94 billion by 2030. The approval of new biologic drugs is expected to further drive market growth during the forecast period and account for a significant share in 2021 (https://ibn.fm/90rgZ). BiondVax is focused on developing, manufacturing, and commercializing innovative immunotherapeutic products, primarily for the treatment of infectious diseases and autoimmune diseases. The company has an exclusive strategic collaboration with the Max Planck Society – the parent organization of the Max Planck Institute for Multidisciplinary Sciences – and the University Medical Center Göttingen (“UMG”) for the development and commercialization of innovative NanoAb therapies starting with COVID-19. With highly experienced pharmaceutical industry leadership, BiondVax is aiming to develop a pipeline of diversified and commercially viable products and platforms, beginning with an innovative NanoAb pipeline. Since its inception, BiondVax has executed eight clinical trials, including a seven-country, 12,400-participant Phase 3 trial of its prior influenza vaccine candidate. It has built a state-of-the-art manufacturing facility for biopharmaceutical products and is pursuing NanoAb therapies for additional disease indications with large market medical needs, such as asthma, psoriasis, macular degeneration, and psoriatic arthritis. For more information, visit the company’s website at www.BiondVax.com. NOTE TO INVESTORS: The latest news and updates relating to BVXV are available in the company’s newsroom at https://ibn.fm/BVXV

Data443 Risk Mitigation Inc. (ATDS) Announces New Contract Wins; Raises Capital to Fund Future Growth Agenda

  • In November 2018, Marriott suffered the loss of personal data for almost 383 million guests, highlighting the pitfalls and risks attached to businesses boasting an online profile
  • Gartner revealed that 30% of enterprises would employ data security platforms by 2024, up from a mere 5% in 2019
  • Data443 caters to the growing need for data discovery, governance, and protection services through its extensive and growing product suite – with services ranging from the data archiving and transfer through to ransomware recovery
  • The company recently embarked on the next leg of its growth trajectory, recently raising over $1.5M with proceeds set to be devoted towards additional sales and marketing recruitment as well as the uplisting of the company on to the Nasdaq exchange
  • Data443 also updated the market on the coveted VB100 certification which was recently awarded to its flagship Data443(R) Antivirus Protection Manager(TM)
In November 2018, hotel chain Marriott saw its worst fears realized; a massive data breach was detected within its systems with hackers stealing data belonging to as many as 383 million guests. Nearly four years in its gestation, the hack was reportedly alleged to have stolen a broad array of data including credit card and passport numbers, birth dates, phone numbers as well as hotel arrival and departure dates (https://ibn.fm/u0Vq1). Data443 Risk Mitigation (OTC: ATDS), a data security and privacy software company, has centered its mission around preventing the likes of the Marriott hack from ever being repeated, stating its steadfast commitment towards identifying and protecting all sensitive data regardless of location, platform, or format. A recent study by Gartner revealed that by 2024, over 30% of enterprises would have adopted data security platforms, up from less than 5% in 2019. Perhaps more importantly, the research firm’s study also showed how the majority of customers were focused on vender consolidation strategies – aiming to consolidate their various data security requirements from a single source. “The explosion of ransomware, zero-day attacks, third-party breaches, along with long-term remote work concerns & the integration of operational technology with IT systems have culminated into a crisis of confidence for IT security leaders” – IDG Security Priorities Study 2021 (https://ibn.fm/4dddk). Data443 continues to cater to the needs of an increasingly data security conscious corporate sector through its extensive product suite offering, one which boasted a range of solutions designed to securely manage data and data privacy needs on-premises, in the cloud and in hybrid environments. Some of the key elements included within its product suite included – data identification managers, designed to automatically catalog all data repositories; data placement manager, enabling the secure transfer of sensitive data across public and private networks; data archive manager, a purpose-built tool facilitating information archiving and retention; data hound, a data discovery, classification and capture toolset; as well as the ransom recovery manager, an industry leading solution which can assist users targeted by a hack to recover their device, operating systems and data with a simple reboot. Boasting over 10,000 customers in over 100 countries, Data443 has recently highlighted a series of new contract wins – among those, a new $350,000 contract with a leading global investment bank. The new contract will relate to additional licensing for the Data443 data placement manager product, an HPE NonStop server-based application for secure managed file transfer that enables customers to schedule, route, format, and securely transfer business-critical data over both public and private networks. Data443 founder and CEO Jason Remillard commented re the new contract win, “Today’s announcement is indicative of our continued efforts to provide world-class service and support to our critical customers. Data443’s Data Placement Manager(TM) has played a critical role at some of the largest fin tech firms in the world for over two decades, providing additional upsell opportunities for us to demonstrate our capabilities throughout the entire Data443 product suite. We believe that our highly reliable and capable software, being price competitive, and our vision for our technology stack all contributed to this win,” he concluded. Data443 has recently taken a series of measures designed to help fuel and cement its growth, with the company seeking to gain market share in a global data security market estimated to be worth over $54.23 billion by 2027, as per Allied Market Research. During December 2022, the company raised $750,000 in new capital, with the deal’s proceeds destined towards general corporate purposes, the recruitment of additional workers as well as a potential uplisting of the company to the Nasdaq Capital Markets in 2023 (https://ibn.fm/oo1gy). Finally, and coupled with the capital raising, Data443 also seized on the opportunity to reveal that its flagship antivirus product, Data443(R) Antivirus Protection Manager had received its VB100 certification. A coveted designation administered by the industry’s leading reporting agency, Virus Billeting. The VB100 certification affirms that Data443’s antivirus product satisfies a broad array of criteria, including detecting all known-in-the-wild viruses, generating no false positives, and having the ability to perform both, scheduled and on-demand scans. With the designation putting Data443’s antivirus on an equal footing with some of the industry’s most lauded products, Jason Remillard reaffirmed his belief on Data443’s growth outlook going forward (https://ibn.fm/wHPIr). “At Data443, we make every effort to help protect customers from the ever-growing cyber threat environment. Achieving VB100 certification and besting some of the world’s largest competitors on false alarms delivers on our technical market leadership of our antivirus protection and ransomware product line. With so many antivirus products on the market, it can be difficult for consumers and businesses to determine which are truly effective at protecting against malware. VB100 certification helps to cut through the marketing hype and provides a reliable benchmark for comparing antivirus products,” he stated. For more information, visit the company’s website at www.Data443.com. NOTE TO INVESTORS: The latest news and updates relating to ATDS are available in the company’s newsroom at https://ibn.fm/ATDS

Cepton, Inc. (NASDAQ: CPTN) Kicks off the New Year; Launches Vista(R)-X120 Plus — Ultra-Slim, Next-Gen Lidar for ADAS and Automotive Driving Applications

  • Built upon its predecessor–Vista-X90 lidar–that is being used in Cepton’s flagship ADAS lidar program with GM and Koito, the Vista-X120 Plus is designed to significantly enhance lidar performance without compromising reliability, size, power efficiency, and cost
  • Vista-X120 Plus advances the company’s vision of enabling safe and autonomous transportation for everyone through mass-market lidar adoption.
  • As a member of the Lidar Coalition, Cepton showcased its new product and a comprehensive portfolio of its lidar solutions at CES 2023, one of the most influential tech events in the world; the company demonstrated its adaptive 3D perception and simulations featuring a Chevy Silverado and a Ford F-150 equipped with Cepton’s latest vehicle integration solutions
Cepton (NASDAQ: CPTN) was one of the firsts to scale lidar for high-volume, multi-vehicle model deployment through our flagship lidar program,” said Dr. Jun Pei, CEO, and Co-Founder of this Silicon Valley innovator of high-performance lidar solutions, as he announced the launch of the company’s latest innovative product – a new game-changing lidar called Vista(R)-X120 Plus (https://ibn.fm/rB4a9). “Utilizing OEM-validated building blocks, the Vista-X120 Plus aims to enhance vehicle safety across all levels of automation. This pathbreaking lidar is positioned to quickly hit the mass market and enable the precision needed for autonomous driving at a safety level that every consumer deserves,” Pei continued as he revealed specifics about Cepton’s new product addition claimed by the company to be the world’s slimmest software-definable, top-tier automotive lidar for real-time adaptive 3D perception (https://ibn.fm/POpek). Building on Cepton’s existing Vista-X90 lidar – an already established, groundbreaking automotive-grade lidar expected to be deployed in the company’s flagship ADAS lidar series production program – the Vista-X120 Plus– aspires to raise yet another bar in the lidar market. With a reported 500% increase in data rate, 30° wider field of view, over 20% reduction in size, and 50% reduction in height – the Vista-X120 Plus appears to be the epitome of everything that matters in lidar manufacturing: safety, autonomy, software definability, and electrification. Designed to encapsulate a diverse range of supreme features, including a software definable region of interest (“ROI”), enabling a dynamic turntable central field of view for focused, adaptive perception. The Vista-X120 Plus seems to bring multiple enhancements – from aesthetics to technical performance (https://ibn.fm/WkiGU). With a footprint that the company claims is as much as 50% slimmer and smaller than the competition enabling better OEM integration and placement options that can seamlessly fit into vehicles’ appearance, Vista-X120 Plus aims to solve some of the consumers’ main pain points when it comes to lidar, such as the size and appearance of the device. Driven to achieve safe and autonomous transportation for everyone, Cepton has been committed to bringing lidar beyond the luxury car market. The Vista-X120 Plus helps bolster Cepton’s vision of enabling safe and autonomous transportation through mass-market lidar adoption. With its embeddable design, extraordinarily compact size, and distinctive features designed to deliver seamless power efficiency and lower manufacturing cost in automotive volumes, it aspires to be a game-changing lidar for everyday consumer vehicles. Cepton is confident that the Vista-X120 Plus can offer top-end performance at lower power consumption and, as such, is ideally suited for ADAS and automotive driving applications, including electrical vehicles. And with a target price point below $500 for volume production, the company believes it is positioned for mass-market deployment. “The Vista-X120 Plus’ upgraded scanning mechanism enables extremely dense point clouds, while simplifying software algorithms for efficient sensor calibration and dynamic perception,” said Cepton’s CTO and Co-Founder, Dr. Mark McCord. “Our proprietary ASIC chip enables optimal signal processing to further maximize lidar efficiency and performance. The tunable ROI helps the vehicle perception better focus on potential hazards across different driving scenarios. In spite of its significantly elevated performance and flexibility, the Vista-X120 Plus consumes less than 18 W of power, which is exceptional for long-range lidars and will be important for integration into electric vehicles,” he concluded. Recognized in the CES 2023 Innovation Award program in the Vehicle Tech & Advanced Mobility category, this groundbreaking lidar was exhibited at CES in Las Vegas, NV, from January 5 – 8, 2023, where interested attendees had an opportunity to watch a live demonstration and learn more about Cepton. As a member of the Lidar Coalition (https://ibn.fm/0zcEY), Cepton showcased its Vista(R)-X120 Plus to demonstrate lidar’s unique potential to enhance safety for drivers and pedestrians. The company used immersive experiences and simulations to feature a Chevy Silverado and a Ford F-150 equipped with the company’s latest vehicle integration solutions that are designed to address real-life driving needs as they combine both near-range blind spot elimination and long-range obstacle detection as well as a self-cleaning system from Koito Manufacturing. For more information, visit the company’s website at www.Cepton.com. NOTE TO INVESTORS: The latest news and updates relating to CPTN are available in the company’s newsroom at https://ibn.fm/CPTN

MetAlert, Inc. (MLRT) In Strong Position Entering 2023 According to CEO Patrick Bertagna

  • MetAlert’s CEO, Patrick Bertagna, while appearing in an interview presented by Sequire Spotlight and hosted by Carmel Fisher, expressed his optimism for the new year while also sharing the company’s recent progress
  • He discussed the company’s core objective- increasing the quality of life, and longevity of people living with Alzheimer’s, dementia, and autism (“ADA”)
  • Bertagna also hinted at potential acquisitions by the company, attributing it to extensive efforts over the past couple of years to clean up its balance sheet
  • He noted that as MetAlert’s revenue per user continues to grow, its margins will increase, ultimately placing the company in a position to uplist

While appearing in an interview presented by Sequire Spotlight, and hosted by Carmel Fisher, MetAlert (OTC: MLRT) CEO Patrick Bertagna discussed the company’s recent progress and how well it is poised to enter the 2023 financial year. Of note was his optimism in the new products launched thus far, such as the patented GPS SmartSole, a hub for collecting and transmitting data to the cloud in real-time, and RoomMate, an alert system that detects and alerts caregivers about patient behaviors, without intruding into their privacy (https://ibn.fm/q8cML).

MetAlert, a developer of personal protective medical equipment and supplies and a pioneer in wearable GPS, human and asset tracking systems, has sought to offer viable solutions to individuals afflicted with Alzheimer’s, dementia, and autism (“ADA”). This commitment has informed its approach and the development of its products that have so far gone beyond location-sensitive health monitoring devices to include Concierge, Artificial Intelligence, and the Telehealth platform that allows access remotely to doctors and other health professionals on an as-needed basis.

According to Bertagna, most of its target market cannot use conventional technologies. Because of that, MetAlert has developed a suite of products and services that allow caregivers to provide excellent care to these patients by quickly and efficiently monitoring where they are and how they are doing, and allowing them to send their medical information to their doctors for easier care.

“It is really about increasing the quality of life, the longevity of people that are challenged,” he noted.

Bertagna also hinted at MetAlert’s possible uplisting, having brought on board a leading figure in the private equity and Mergers and Acquisitions (“M&A”) community. He mentioned that the company has a lot planned for the new year, including acquisitions resulting from extensive efforts to clean up its balance sheet over the past couple of years.

“We spent the last couple of years cleaning up our balance sheet. We got rid of all our variable convertible debt, so our balance sheet looks very clean and healthy,” Bertagna noted.

“We think we are very well poised to enter 2023,” he added.

MetAlert has had an strong start to the new year with its Canadian distributor launch of its SmartSole flagship product. Its management, starting with CEO Bertagna, is confident about the company’s continued prospects. Bertagna is optimistic that, as its revenue per user (“RPU”) continues to grow, its margins will increase, ultimately placing the company in a position to uplist.

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

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

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Is ‘One to Watch’

  • McEwen Mining is an asset rich gold and silver producer with large exposure to copper
  • McEwen Mining CEO Rob McEwen maintains a 17.3% ownership stake in McEwen Mining with a cost base of roughly $220 million
  • McEwen Copper’s Los Azules project is one of the world’s largest and most economically robust underdeveloped copper projects
  • A proposed IPO of McEwen Copper, with its implied market cap of $258 million, could effectively turbocharge the balance sheet of McEwen Mining
McEwen Mining (NYSE: MUX) (TSX: MUX) is an asset rich diversified gold and silver producer in the Americas and has a large exposure to copper through its subsidiary, McEwen Copper, owner of the Los Azules copper deposit in Argentina, believed to be the 9th largest undeveloped copper resource in the world. Led by a management team with a track record of success, MUX owns and operates mines in some of the most prolific gold producing regions in the Americas. In recent months, the company has undertaken strong actions to lower production costs and increase production across its portfolio of gold assets, driving some costs below the industry average. Gold and copper prices are forecast to enter a major uptrend over the next couple years. McEwen Mining is laying the groundwork to capitalize on this opportunity now. Seldom is management so aligned with investors’ interests with a commitment to the company’s success. CEO Rob McEwen maintains a 17% ownership stake in McEwen Mining and a 15% ownership in McEwen Copper with a combined cost base of roughly $220 million. McEwen founded Goldcorp, where he took the company from a market capitalization of $50 million to over $8 billion, and that same vision led MUX to create McEwen Copper. For McEwen Mining shareholders, the company’s 68% stake in McEwen Copper is expected to be a gamechanger, turbocharging MUX by creating the world’s next copper unicorn. McEwen Copper Most mined copper is currently used in infrastructure, with new critical demand emerging for use in the electrification of transportation and the global energy transformation. The price of copper rose from a low of about $2 per pound two years ago to over $4 per pound today, and strong demand is expected to continue to soar. A study by S&P Global, titled The Future of Copper: Will the Looming Supply Gap Short-circuit the Energy Transition?, projects global copper demand to nearly double over the next decade, from 25 million metric tons today to about 50 million metric tons by 2035. Based on current trends, S&P Global projects annual supply shortfalls to reach nearly 10 million metric tons in 2035. McEwen Mining is a 68% shareholder in McEwen Copper, holder of a 100% interest in the Los Azules copper project in San Juan, Argentina, which was ranked the 9th largest undeveloped copper deposit in the world by Mining Intelligence (2022). Its current copper resources are estimated at 10.2 billion pounds at a grade of 0.48% Cu (Indicated category) and an additional 19.3 billion pounds at a grade of 0.33% Cu (Inferred category). McEwen Copper also owns a copper exploration project in Nevada, called Elder Creek. In a 2017 Preliminary Economic Assessment (“PEA”), Los Azules was estimated to have a 36-year life, but indications are that the project could ultimately become an even larger mine, with a longer life, since in the assessment, only 55% of the known copper resources are to be mined. Numerous drill holes have shown strong copper mineralization extending below the PEA pit bottom. Its average annual production for its first 13 years was pegged at 415 million pounds of copper in the 2017 PEA – enough copper to supply 2.2 million electric vehicles per year. In August 2022, McEwen Copper closed its non-brokered, private placement offering of $82 million, after securing a $25 million investment from mining giant Rio Tinto’s technology arm, Nuton LLC. This gives McEwen Copper an imputed value of $258 million, which would give McEwen Mining’s 68% interest a value of approximately $3.70/share. Additional value can be attributed to McEwen Mining’s 1.25% net smelter royalty on both the Los Azules and the Elder Creek projects. “We completed an $82 million financing for McEwen Copper in a very tough equity market. Rio Tinto, the second largest mining company in the world, through its subsidiary Nuton, now owns 9.7% of McEwen Copper, a result of its investment of $25 million,” Rob McEwen stated in a news release. “Also, Nuton is testing the Los Azules copper mineralization to see if it can accelerate and increase copper recoveries. Another of Rio Tinto’s subsidiaries, Kennecott Exploration, signed an option to earn a 60% interest in McEwen Copper’s other copper project, Elder Creek, by spending $18 million on exploration.” The Elder Creek project is prospective for porphyry copper and gold mineralization and is well situated in a district hosting several large copper and gold mines, including Marigold, Lone Tree and Phoenix. Kennecott Exploration will be the operator of the exploration program. McEwen Mining holds a 1.25% net smelter return (“NSR”) royalty on the Elder Creek property. Following the capital raise, McEwen Copper is well-funded to advance its Los Azules Project. Publication of an updated PEA on the Los Azules copper project is planned for Q1 2023. In Q2, an IPO is planned, along with MUX completing a secondary offering, assuming no further private placements in the interim. MUX is strategically reducing its interest to increase its treasury, in order to reduce debt and fund the further development of its gold and silver mines. McEwen Copper currently has an implied market cap of over $258 million, based on its most recently completed financing. However, when its Los Azules copper project is compared with other recent transactions and market valuations of copper projects in the same region, it appears very undervalued. MUX’s management believes its ownership stake in McEwen Copper is not currently reflected in the share price of the company. In fact, it is management’s belief that the combined value of its 68% interest in McEwen Copper, plus its gold mines and portfolio of mineral royalties, represents a share value ranging from a low of $8 to a high of $30 per share. Rob McEwen provides a full breakdown of this valuation estimate in a news release detailing the company’s Q3 2022 results. Gold & Silver Projects
The Fox Complex McEwen Mining owns a 100% stake in the Fox Complex in the heart of a prolific gold district in Timmins, Canada. “When MUX bought the Fox Complex, in late 2017, it was a distressed asset with a history of high operating cost/oz. While it has taken longer than I expected, the cost to produce an ounce of gold is significantly lower,” CEO Rob McEwen stated in a news release. “I am pleased to say that in Q3 our cash cost/oz at Fox fell to $774, our lowest since mid-2018. This is well below the industry average. With our mine operating much more efficiently, our next important area to improve at Fox is the process plant (mill). Specifically, we need to increase the throughput because our mine is now producing more ore than our mill can process. As a result, we have a large surface stockpile of ore equivalent to more than two months of production.” This ore stockpile contains approximately 10,000 ounces of gold representing a potential source of $12 million in free cash flow. Located in one of the most prolific gold production areas in the world, along the Destor-Porcupine Fault Zone within the Abitibi Greenstone Belt, the Fox Complex includes the Black Fox mine and Froome mine which together have, so far, produced in excess of 1,000,000 ounces of gold. Also, it includes the Grey Fox and Stock deposits that have an estimated additional 1,600,000 ounces in reserves and resources. The 2.7-billion-year-old Abitibi Greenstone Belt, formed by ancient volcanic activity, has proved to be one of the world’s richest and most abundant gold regions, boasting total gold content of over 300 million ounces. Full year 2023 guidance for The Fox Complex puts production estimates at 45,000 GEOs, 28% of MUX’s total production. The Gold Bar Mine McEwen Mining owns a 100% stake in the Gold Bar mine located in an area well known for gold production, the southern Roberts Mountains of the Battle Mountain-Eureka-Cortez gold trend in Eureka County, Central Nevada. The Gold Bar mine is on the same geological structure some 25 miles south of Nevada Gold Mines, a joint venture of Barrick and Newmont. This Cortez-Goldrush complex contains estimated reserves and resources of greater than 50 million gold ounces. Its annual gold production is 1,000,000 ounces. Gold Bar had been previously mined, between 1991 and 1994, producing 134,000 gold ounces. MUX built a new facility in 2019. The open pit mine was expected to be a large contributor to MUX’s revenue and gold production, however operating challenges arose that reduced gold production and drove cost/oz unacceptably high. Mining activities have shifted recently to a nearby, satellite deposit called Gold Bar South (“GBS”). Going forward the expectations are higher gold production and lower operating cost/oz as a result of mining a higher ore grade (concentration of gold per ton) and having to move half the amount of material to capture an ounce of gold. “At Gold Bar, we are looking forward to starting to mine our GBS deposit this quarter,” McEwen said in a November 2022 release. “We are expecting to have a much lower cost/oz than our YTD cost because we will be mining higher grade ore at GBS, with half the strip ratio and no problematic carbonaceous material.” The Gold Bar Mine will account for approximately 28% of McEwen Mining’s 2023 total attributable production, with guidance pegged at 45,000 GEOs. Most of Gold Bar production in 2023 will be from GBS. El Gallo/Fenix Project Fenix is the proposed redevelopment plan for McEwen Mining’s El Gallo Complex in Mexico. There is a long history of mining in this region. MUX’s involvement began in 2013 operating it as an open pit, heap leach mine which produced 281,000 gold equivalent ounces at average cash cost of $655 per ounce. However, due to the transition to deeper sulfide mineralization that is not amenable to heap leaching, mining activities ceased in the second quarter of 2018. The redevelopment envisions constructing a mill at the existing mine site that will initially reprocess the existing heap leach material then transition to open pit mining and processing the sulphide mineralization. The company recently acquired a complete process plant on very advantageous terms that has considerably reduced the projected capital requirements for the project. CEO Rob McEwen stated in a news release, “This acquisition has made Fenix more attractive to build and could provide a new long life mine for McEwen Mining.” The initial development approach is to build a mill to reprocess the material on the heap leach pad and produce approximately 17,000 oz of gold annually for eight years. Construction of the Fenix project is expected to be completed by early 2024. Mine San José McEwen Mining is a 49% owner and non-operator of the San José gold and silver mine located in Santa Cruz province, Argentina. This high-grade underground mine has been operating since 2007 and currently has an expected life of six years with a reserve grade of 342 gpt silver and 5.7 gpt gold and a resource grade of 427 gpt silver and 7.0 g/t gold. “The San José mine, where we have a 49% interest, put in a strong quarter and its exploration is continuing to extend its high-grade veins and discover new veins,” McEwen noted in a news release. Production guidance for 2023 for MUX’s 49% is 70,000 GEOs, 44% of MUX’s total production. As a minority shareholder in the mine, MUX equity accounts for its investment in San Jose, and it receives 49% of the dividends from the mine’s free cash flow. Market Outlook Mining stocks took a beating in the wake of the COVID-19 pandemic. However, that could change, as many analysts are now forecasting a gold bull market in 2023. “The operating challenges we faced in recent years have severely damaged our credibility with our shareholders and the market. As a result, few investors have taken a close look recently at our assets,” Rob McEwen said in a news release. “If they did, I believe some would see the potential value that I see today… I believe there is considerable potential value in MUX, and that is a big reason why I have a personal financial commitment of $220 million in MUX and McEwen Copper.” Management Team Robert R. McEwen is Chairman, CEO and Chief Owner of McEwen Mining. He has been associated with the gold industry all his career, with his first 18 years in the investment industry and, since 1990, as CEO of several gold mining companies. He founded Goldcorp and took that company from a $50 million market capitalization to more than $8 billion. He owns 17% of McEwen Mining and is in complete alignment with investors – the cost of his investment in MUX and McEwen Copper is $220 million and he takes an annual salary of only $1. He was awarded the Order of Canada and the Queen Elizabeth’s Diamond Jubilee Award, was inducted into the Mining Hall of Fame, was named an Ernst and Young Entrepreneur of the Year and has Honorary Doctor of Law degrees from York University and Western University. William Shaver is interim COO and a Director of McEwen Mining. He has decades of management and executive experience in mine design, construction and operations. He was a founder of Dynatec Corporation, which became one of the leading contracting and mine operating groups in North America. In 2013, he was recognized as Ernst and Young Entrepreneur of the Year. Most recently, he served as COO of INV Metals. He is a Professional Engineer with a B.Sc. in Mining Engineering from Queens University. Perry Ing is interim CFO at McEwen Mining. He has 25 years of experience in the Canadian mining industry. Over the past 15 years, he has held positions as CFO of Mountain Province Diamonds, Kirkland Lake Gold and McEwen Mining. Prior to that, he worked at Barrick Gold and Goldcorp and started his career in the mining practice at PwC. He has a Bachelor of Commerce from the University of Toronto and is a Chartered Professional Accountant in Canada and Certified Professional Accountant in the U.S. Adrian Blanco S. is the company’s Director – America and Mexico Operations. He has extensive international experience in several industrial sectors and has held executive positions in Mexico, the United States, Peru and Argentina. He joined the McEwen Mining team in 2015 and has led a successful business transformation toward operational discipline, best business practices and financial profitability at subsidiaries Compañia Minera Pangea and McEwen Mining Nevada. He graduated from an Executive Management Program at IPADE and Harvard Business School. Michael Meding is Vice President and General Manager of McEwen Copper. He has over 20 years of international experience, primarily with major mining companies such as Barrick Gold and Trafigura, including extensive experience with project development and operations in Argentina. While at Barrick Gold’s Veladero mine in Argentina, Mr. Meding played a key role in the turnaround, extension of the mine life and subsequent strategic partnering with Shandong Gold. He holds an MBA from Indiana University in Pennsylvania and an MBA from the Leipzig Graduate School of Management in Germany. For more information, visit the company’s website at www.McEwenMining.com. NOTE TO INVESTORS: The latest news and updates relating to MUX are available in the company’s newsroom at http://ibn.fm/MUX

SideChannel Inc. (SDCH) Releases New Product, Enclave(TM), a Zero-Trust Cybersecurity Offering for Small to Mid-Sized Businesses

  • SideChannel uses microsegmentation to reduce risk, enhance productivity, and implement zero-trust networks
  • Going beyond traditional open Hub & Spoke and Mesh models, Enclave(TM) benefits SideChannel customers with faster breach containment, simplified compliance, and kills VPN connections that limit productivity
  • The global cybersecurity market size is projected to grow from $189.9 billion in 2023 to $266 billion by 2027, at a CAGR of 8.9%
SideChannel (OTCQB: SDCH), furthering its mission and vision that cybersecurity should be simple and accessible for small and mid-sized organizations and that they deserve the expertise of an experienced Chief Information Security Officer (“CISO”) at a reasonable cost, has announced the recent release of its new cybersecurity product, Enclave(TM), to implement a “zero trust network.” During the third quarter of 2022, almost 15 million data records were exposed to breaches worldwide – an increase of 37% compared to the previous quarter (https://ibn.fm/G5p6I). One way of preventing breaches is through an added layer of security, a zero-trust network, implemented to require verification from everyone trying to gain access to the network – internally and externally. SideChannel’s Enclave(TM) cybersecurity product reduces risk, enhances productivity, and makes zero trust a reality through microsegmentation. Since a secure network starts with segmentation, Enclave(TM) saves time and money by enabling IT to do what every admin should do, while avoiding the complexity. Enclave(TM) provides a simplified approach to security identity, applications, and networks by seamlessly combining access control, microsegmentation, encryption, and other secure network concepts to create a comprehensive solution. Through SideChannel’s product, IT can easily segment the enterprise network and place the right staff in those segments to direct traffic. With Enclave(TM), SideChannel takes security beyond the traditional open Hub & Spoke and Mesh models and allows for near-limitless micro-segmented networks to operate insulated from one another. The benefits of SideChannel’s product include:
  • Faster Breach Containment – shrinks the attack surface, meaning there are fewer surface areas to search for breaches.
  • Simplifies Compliance – reduces the time to containment by reducing the surface area visible to an intruder. It limits the scope of a post-event search to uncover situational facts.
  • Kill VPN – with remote work becoming a preferred reality, it is becoming increasingly easier to breach data. VPN tunnels slow down networks, and productivity is lost, along with information, making costs go up.
Through extensive use cases, Enclave(TM) enables real-time visibility of network flows, monitoring and reporting, stronger security, and a scalable solution. Built on Nebula, it is built on the open-source microsegmentation framework that powers enterprises but make it accessible and easy for any team. The global cybersecurity market size is projected to grow from $189.9 billion in 2023 to $266 billion by 2027, at a CAGR of 8.9%. The market’s growth is expected to be driven primarily by the increased prevalence of data breaches across the globe, the rise in digitization, and the increase of sophisticated cyber intrusions. North America is estimated to hold the largest market share of the global cybersecurity market based on 2022 data, and Asia Pacific is projected to grow at the highest CAGR during the forecast period (https://ibn.fm/JbBsT). Reports have shown that cyberattacks on small to medium-sized businesses have increased in recent years, primarily because of the expansion of networks across remote and in-office cloud environments, mobile devices, software applications, and third-party suppliers for conducting business. SideChannel is continuing to expand its service offerings, workforce, and customer base – attracting over 20 virtual CISOs to serve across industries including fintech, biotech, healthcare, manufacturing, legal, defense, and technology services. For more information, visit the company’s website at www.SideChannel.com. NOTE TO INVESTORS: The latest news and updates relating to SDCH are available in the company’s newsroom at https://ibn.fm/SDCH

Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) Gears up for 2023; Expands Focus to New Products and End Uses of Its ZVS Inverter Technology to De-Risk and Potentially Accelerate Race to Commercial Revenues

  • Hillcrest – an innovative developer of next-gen technologies for EV powertrains and grid-connected renewable energy systems – is looking forward to a promising 2023 as its target market remains buoyant: sale of zero-emission vehicles continues to exceed expectations, and renewables appear on track to become the largest global source of electricity by 2025
  • Aligned with these market developments, the company remains committed to building momentum gained in 2022; looks to expand its focus to include grid-tied applications while maintaining and growing relationships in the automotive sector;
  • Hillcrest eyes engagement with potential customers across multiple sectors, aiming to position itself to secure commitments for commercial revenues by year-end; expects its growing IP portfolio to give a strong boost to the company’s perceived market value and maturing business strategy
Against the backdrop of a strong industry outlook, Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF), a clean technology developer of next-gen technologies for EV powertrains and grid-connected renewable energy systems, appears to be gearing up for another banner year as it released an update unveiling the company’s development and commercialization targets for 2023 (https://ibn.fm/J7IUc). With zero-emission vehicles expected to make up 42% of the 2040 global fleet (https://ibn.fm/MicuM) and renewables now anticipated to become the largest global source of electricity by 2025, Hillcrest looks into expanding across these segments with a view to de-risk and diversify its revenue streams and potentially to accelerate the race to commercial revenues. Due to their efficiency and lower environmental impact, electric vehicles soared in popularity over recent years (https://ibn.fm/8LWdM). As the battery-electric vehicle sales continue to outpace the overall market, 2023 is set to be a watershed year for the sector, with a new milestone fast approaching: 1 million EVs sold in the U.S. this year (https://ibn.fm/frVAr). More and more car makers are adding electric vehicles to their lineup, racing to make electric cars cheaper and more affordable. In 2022, established car manufacturers, including Mercedes, Ford, and General Motors, unveiled dozens of new electric vehicles, with mass production of most of them expected to step up in 2023 and 2024 (https://ibn.fm/3noFF). The auto industry is gushing more than $1 trillion into this historical shift from combustion engines to electric vehicles to provide cleaner and safer transportation. As market penetration and growth for zero-emissions vehicles beat previous expectations, new market opportunities continue to open up for Hillcrest, which the company appears poised to seize as it plans to broaden the focus of its ZVS inverter technology to target both the zero-emission vehicle and renewable energy applications. The company expects the growth pace of the global zero-emission vehicle inverter market to exceed previous projections of 23% CAGR until 2027– in contrast to the total global inverter market which is expected to grow at 5% CAGR over a similar period. As the previous year drew to a close, this developer of transformative power conversion technologies and control system solutions for modern electrical systems, validated its zero-voltage switching (“ZVS”) inverter technology for the EV market that the company intends to use as the launchpad to accelerate its building-block product development approach. After laying the groundwork for success in 2022, Hillcrest now eyes ambitious technology development milestones in 2023, including completing several proof-of-concept tests for solutions the company has been developing, such as a grid-tied inverter, enhanced powertrain solution, and novel multi-level inverter technology. “2023 marks a transitional year in our story, with the focus shifting to the application of our core ZVS inverter technology into new products and end uses. We are expanding our focus to include grid-tied applications while maintaining and growing relationships in the automotive sector,” said Hillcrest CEO Don Currie. “Our near-term objective is to engage up to two additional EV customers and ramp up new customer agreements for our grid-tied renewable energy generation and Energy Storage System (‘ESS’) segments. Combined, we believe these development and commercialization activities will position us well to secure commitments for commercial revenues by the end of the year,” he continued. In 2023, Hillcrest expects its diversified intellectual property (“IP”) portfolio to grow and mature, boasting proprietary firmware and four hardware patent applications. With technical experience and expertise that transcends what most companies possess at that stage and a robust IP foundation, Hillcrest appears to have created a powerful foundation that will continue to advance over the coming year. “Our ZVS inverter technology is setting a new standard of expected performance and efficiency for the next era of power conversion technologies,” said Hillcrest CTO Ari Berger. “We believe the industry-leading advancements we’ve achieved with our core ZVS inverter technology can provide significant, cost-effective efficiency and performance improvements for the rapidly expanding markets for zero-emission vehicles and renewable energy generation and storage systems.” Boasting a world-class technical team and a robust IP portfolio, Hillcrest remains committed to building momentum gained in 2022 as the company continues to work to deliver innovative high-performance power conversion technologies and digital control systems for modern powertrains and grid-connected renewable energy systems. For more information, visit the company’s website at www.HillcrestEnergy.tech. NOTE TO INVESTORS: The latest news and updates relating to HLRTF are available in the company’s newsroom at https://ibn.fm/HLRTF

Meeting 2050 Decarbonization Targets is Grounded on Retrofitting Current Spaces, and Correlate Infrastructure Partners Inc. (CIPI) Is Out to Meet the Growing Demand

  • The built environment currently accounts for nearly 40% of the world’s carbon emissions, with the figure expected to double by 2060
  • The current administration has already set the goal of reducing the carbon footprint of the U.S. building stock by 50% come 2035, in addition to meeting the net-zero carbon emissions goals by 2050
  • Experts have pointed to the use of technology as the answer to reducing buildings’ carbon footprint, and retrofitting existing buildings has proven to be a viable way of achieving the carbon goals, which is what Correlate is all about
  • Correlate recognizes the opportunity at hand and looks to capitalize on it to not only push the retrofitting conversation forward but also provide the necessary systems, infrastructure, and services that facilitate these retrofits
Currently, “built environment” (existing buildings) is considered the single largest carbon emitter, way ahead of transportation and agriculture. It accounts for nearly 40% of the world’s carbon emissions, which is expected to double by 2060. Experts point to the use of technology as the answer to this growing problem, replacing legacy systems with smarter, greener ones. Of note is the significant financial upside associated with this move, alongside tenant satisfaction and higher occupancy rates (https://ibn.fm/46UgN). Correlate Infrastructure Partners (OTCQB: CIPI), a tech-enabled development, finance, and fulfillment platform for distributed energy solutions across North America, recognizes the issue at hand and the opportunity that it presents. Its focus is on retrofitting existing commercial buildings with renewable energy solutions, thereby reducing their carbon footprint and overall energy consumption. Through its industry-leading energy solution and financing platform for the commercial and industrial sectors, Correlate is helping to reduce site-specific energy use. It does so while also deploying clean energy generation and energy efficiency solutions at scale, ultimately helping mitigate climate change’s effects. With a significant amount of a building’s energy spent on heating, cooling, and lighting, Correlate is looking to address that with solar energy. Its push for locally-sited solar and energy storage presents an avenue for real estate owners to reduce their reliance on the national grid. It also allows them to achieve massive cost savings from an energy consumption standpoint and improve their net operating income while meeting carbon reduction goals. The growing conversation around building emissions and the advancing recognition of the importance of controlling them presents a significant opportunity for Correlate, and the company is committed to taking advantage of it. “We are excited to be at the forefront of an industry that is at an inflection point, and we are eager to begin working to change the way commercial real estate owners optimize energy assets,” noted Todd Michaels, Correlate’s CEO. “Whether you are a commercial business just starting your ESG journey or a building asset owner looking to advance to digital procurement solutions, we are there to bring you into the modern energy era. Correlate provides the platform that makes energy optimization easy going forward,” he added (https://ibn.fm/CssF6). For more information, visit the company’s website at www.CorrelateInfra.com, including the following: Correlate is uniquely positioned to address a total market of over 5.9 million commercial buildings in the United States. So far, the Biden administration has set the goal of reducing the carbon footprint of the U.S. building stock by 50% come 2035 (https://ibn.fm/ikmH9). This is in addition to the net-zero carbon emissions goals by 2050, which the country is committed to achieving. Retrofitting existing buildings will be integral to achieving these goals, and Correlate is well positioned to push this conversation forward. It is also well-equipped to provide the necessary systems, infrastructure, and services for these retrofits. The demand for these retrofits is rising, and Correlate is out to satisfy it. NOTE TO INVESTORS: The latest news and updates relating to CIPI are available in the company’s newsroom at https://ibn.fm/CIPI

From Our Blog

Nightfood Holdings Inc. (NGTF) Is Forging the Future of Hospitality with AI-powered Automation Across Industries

September 23, 2025

Robotics and automation are no longer futuristic aspirations; they are rapidly reshaping hospitality operations today. Nightfood Holdings (OTCQB: NGTF) is pioneering this transformation with advanced AI-enabled robotic solutions designed to elevate service quality, optimize operational efficiency and enhance guest experience across the hospitality industry. Hospitality has always thrived on prompt, personalized service, but as labor […]

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