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Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) ‘Meets Definition of Domestic Clean-Energy Infrastructure,’ Op-Ed Concludes

  • Denver Post op-ed piece reports no evidence that tailings cells are leaking or contaminating groundwater
  • U.S. goal to cut emissions in half calls for greater support, investment in domestic manufacturing of clean-energy technologies
  • Communicating correct facts can help others recognize that White Mesa Mill is not a threatening or dangerous neighbor
After concerns surfaced about the impact a Utah uranium mill might have on the surrounding water sources, an op-ed piece in the Denver Post reported that there is “no evidence that implies the tailings cells are leaking or contaminating groundwater” (https://ibn.fm/4ZfQT). That assessment aligns with what Energy Fuels (NYSE American: UUUU) (TSX: EFR) has said all along; safety and environmental protection are top priorities for the company, which is a leading U.S. producer of uranium and vanadium, and an emerging producer of rare earth element (“REE”) products. “The Denver Post article ‘Colorado, Utah Tribe Worries Last Uranium Mill Is Contaminating Water’ highlights a disconnect for our country,” writes Corby G. Anderson, a metallurgical and materials engineer focused on mining, in the recent op-ed piece. “Americans are nearly united in wanting to build a clean-energy future, but some people oppose the production of the raw materials needed for those technologies. Fortunately, modern facilities in the U.S. lead the world in the protection of human health and the environment. State and federal agencies are stringent and science-based in regulating these facilities.” Anderson went on to note that the Biden administration’s goal of cutting emissions in half by 2030 from 2005 levels calls for greater support and investment in the domestic manufacturing of clean-energy technologies. “Demand is soaring for technologies like electric vehicles, solar panels, wind turbines and batteries, so the country should support responsible production of the critical minerals needed for these products,” he wrote. “The U.S. has been absent from global supply chains for many critical materials and minerals for decades. In fact, the vast majority of the advanced rare earth materials necessary to produce clean technologies come from China, controlling approximately 90% of the global market. This leaves the U.S. vulnerable and dependent upon a country that does not share America’s values on national security, environmental protection, or human rights.” In his piece, Anderson acknowledges that the history of mining in America is complicated but that the industry is essential, with the process of modern mining and milling being done far more responsibly than it was in the past. Anderson also noted that concerns, especially by Native Americans, are understandable, but that “correct facts must be communicated with residents, so they understand the Mill is not a threatening or dangerous neighbor. “On the contrary,” he continued. “Energy Fuels should be applauded for its commitment to the hiring of Native Americans, innovation, commitment to environmental protection, and exceptional record of regulatory compliance that includes only one violation in the past eight years for a paperwork issue. . . . I have reviewed the company’s well monitoring exceedances, and I see no evidence that implies the tailings cells are leaking or contaminating groundwater. If this were true, we would see many other constituents rising simultaneously — they aren’t. Because the region is arid and in the middle of a drought, constituents in shallow groundwater can naturally fluctuate significantly. “The Mill meets the definition of domestic clean-energy infrastructure,” Anderson concludes. “It responsibly produces uranium, vanadium and rare earth materials more advanced than any other company in the U.S., containing elements needed for EV’s, wind energy and carbon-free energy. . . . Let the state of Utah and federal regulators do their jobs. With a comprehensive environmental program overseen by meticulous state and federal regulators, including more than 80 air and groundwater monitoring locations, I see no indication or evidence that the Mill is adversely impacting groundwater or drinking water. There is zero evidence of excess radon or other air emissions.” Energy Fuels is a leading U.S.-based uranium mining company, supplying U3O8 to major nuclear utilities. Energy Fuels also produces vanadium from certain of its projects, as market conditions warrant, and is ramping up commercial-scale production of REE carbonate. Energy Fuels holds three of America’s key uranium production centers: the White Mesa Mill in Utah, the Nichols Ranch in-situ recovery (“ISR”) Project in Wyoming, and the Alta Mesa ISR Project in Texas. For more information, visit the company’s website at www.EnergyFuels.com. NOTE TO INVESTORS: The latest news and updates relating to UUUU are available in the company’s newsroom at http://ibn.fm/UUUU

FingerMotion Inc. (NASDAQ: FNGR) Partners to Facilitate Innovation with Launch of Mobile Device Protection Products

  • FingerMotion is an evolving technology company that aims to improve people’s lifestyles through technology and innovative products and services
  • The company recently launched mobile device protection products in partnership with a Fortune 500 insurance company and major Chinese telcos
  • The products will offer three tiers of protection: accidental damage to screens, mechanical breakdown, and trade-in solutions
  • FingerMotion has taken a strategic approach to launching the products as it targets a burgeoning market set to be valued at about $12.2 billion by 2028
Evolving technology company FingerMotion (NASDAQ: FNGR) recently demonstrated the flexibility of its business model that affords it even more ways to monetize its vast active user base when its subsidiary, Shanghai TengLian Jiujiu Information and Communication Technology Co. Ltd (“TengLian”), launched the mobile device protection products (https://ibn.fm/ejdH6). The launch casts in stone a cooperation agreement entered in February this year between TengLian and two of China’s largest telecom operators, China Unicom and China Mobile (https://ibn.fm/Jh3VX). The partnership will see the Chinese carriers distribute the mobile device protection products as embedded, value-added features bundled with existing voice, device, and data subscription plans. Underwritten by NYSE-listed 125-year-old Fortune 500 insurance company with extensive customer experience and a reputation for providing mobile insurance, FingerMotion’s mobile device protection products will offer three tiers of protection – accidental damage to screens, mechanical breakdown, and trade-in solutions. This is a departure from the norm in the Chinese mobile device protection market, where players have, until now, primarily limited their scope to the provision of broken screen protection only. FingerMotion’s more comprehensive approach to offering protection products is strategic in several ways. Firstly, China is home to more than 1.66 billion mobile phone subscriptions (as of April 2022) (https://ibn.fm/wMVgO), which constitutes about 23% of the total number of mobile users globally (7.1 billion as of 2021) (https://ibn.fm/FhX5P). With analysts at ResearchandMarkets.com expecting the global mobile phone insurance market to grow from $27.3 billion in 2021 to $53.2 billion by 2028 (https://ibn.fm/tpjk1), China’s share of the mobile protection market could be in the region of $12.2 billion by 2028, up from an estimated $6.3 billion in 2021. Through the launch, FingerMotion is taking aim at this burgeoning market. Nonetheless, FingerMotion is taking a phased approach to launching its products, starting with Henan province, which has a mobile subscriber base of 90 million users. The company looks to launch its products in the remaining provinces in the coming months. Secondly, a 2021 study that surveyed Chinese buyers found that 90% of the respondents consider 5G a must-have feature on smartphones and expect their next phone to have 5G capabilities (https://ibn.fm/VPdPm). Furthermore, more than a third of the respondents who owned high-end smartphones indicated they would replace their current phones within six months. FingerMotion’s products, which include a trade-in program, are, therefore, designed to cater to buyers looking for newer technologies and 5G phones. According to an analysis by Seeking Alpha, FingerMotion’s strategic approach to rolling the products feeds off the strengths of all the parties involved (https://ibn.fm/eH4Cz). For instance, although mobile operators are adept at distributing products, they cannot deal with or process customer claims in a way that screens for fraud and abuse. And that’s why the company is working with an experienced underwriter that can, in turn, also benefit from FingerMotion’s big data insights platform, Sapientus, which uses data and proprietary algorithms to, among other capabilities, identify abuse and fraud. Insurance relationships and built on trust between the insurer and the customer. Against this backdrop, “customers view insurance offered through the carrier as a vetted product that they can rely upon, which means all they have to do is evaluate the pricing,” the Seeking Alpha article continues. “Consumers want a fair claims process that they feel only a large company could process quickly and efficiently.” And that’s precisely what FingerMotion is providing through its partnerships with major Chinese telcos and a Fortune 500 insurance company. “This latest cooperation agreement with one of the world’s leading mobile device protection companies demonstrates our ability to facilitate innovation by leveraging globally successful business models and customizing them for the unique needs of the Chinese market,” commented FingerMotion CEO Martin Shen. “The telcos are estimating robust demand for new smartphones as customers transition to 5G. It is expected that the device protection programs will be transformative to FingerMotion in terms of revenues and profitability, possibly eclipsing the success of our existing core business segments.” Shen emphasized that, in the current political landscape, the device protection insurance business, which relies on new mobile phone sales, is not a subject of Chinese regulatory scrutiny. For more information, visit the company’s website at www.FingerMotion.com. NOTE TO INVESTORS: The latest news and updates relating to FNGR are available in the company’s newsroom at https://ibn.fm/FNGR

Growing Trend Toward Socially Responsible Investment Boosts Correlate Infrastructure Partners Inc. (CIPI) Platform for ESG Analytics, Upgrades

  • Louisiana-based Correlate Infrastructure Partners Inc. is a provider of proprietary clean energy assessment and solutions for improving facilities’ energy and water use and waste output
  • CIPI’s Correlate, Inc. and Loyal Enterprises LLC (dba Solar Site Design) subsidiaries are building on a worldwide industrial trend toward environmental, social, and governance (“ESG”) factor improvement as governments and scientists express concerns over climate change
  • Reports by global financial giants Bank of America and Morgan Stanley show an increasing interest in ESG-friendly investments and the potential for profit margin improvement through ESG measure implementation
  • CIPI’s socially responsible platform helps corporate clients improve their balance sheets and do so in an affordable, cost-effective manner
A recent Bank of America analysis of 401(k) plan investments found a large number of eligible employees are not participating in the device for retirement preparedness, but sees optimism in the majority-side percentage trying to save for the future. Notably, the analysis also observed a trend among 401(k) participants in prioritizing “socially responsible” ESG investment (https://ibn.fm/dKdVV). ESG — environmental, social, and governance — keys in on companies’ efforts to balance efforts to grow profits against a moral sense of duty to the earth’s climate and its peoples. One primary metric is company transparency on combating carbon pollution through responsible use of water and energy utilities. The number of employees investing in ESG funds was 15 percent; a 50 percent increase since 2020, according to the Bank of America 2022 Financial Life Benefits Impact Report. It also found the average amount invested in ESG funds was $13,400 – a 30 percent increase since 2020. But only 11 percent of 401(k) plans provide focused funds for ESG investing, according to the analysis, indicating a possible lack of attention by investment managers thus far on the growth trend among clients (https://ibn.fm/Hgy6C). Proprietary clean energy assessment and fulfillment solutions provider Correlate Infrastructure Partners (OTCQB: CIPI) is helping companies to boost their ESG appeal and their consumer-directed transparency through Correlate Infrastructures’ two subsidiaries, Correlate and Solar Site Design. The companies’ platform uses data analysis and development and financing resources to provide advisement to clients on environmental impact reduction and the potential cost savings and profit increases the clients may see as a result. Global financial services giant Morgan Stanley’s real estate investment (“MSREI”) managers estimate that “applying existing technology could generate annual savings in office buildings ranging from $32 million in Philadelphia to $239 million in New York City, thus creating $489 million and $4.8 billion of asset value, respectively,” according to a 2016 report (https://ibn.fm/tSWWJ). The report predicted that growing global populations and climatological concerns will generate pressure on industries worldwide to adopt ESG-related best practices, particularly if governments begin mandating more socially responsible measures. “MSREI managers estimate that landlords across the top 10 office markets in the U.S. spend nearly $7.4 billion on utilities each year. The MSREI team believes that a typical office building could reduce these expenses by between 3 and 30 percent,” the report stated. “While voluntary systems are opt-in, new regulations create sector-wide pressures on resource use in buildings. … Real estate portfolios that proactively manage sustainability factors have a better likelihood of being well positioned to succeed in an environment of increasing regulatory pressure.” The report observed that “high-quality tenants” demand transparency in ESG-driven sustainability measures and that over 90 percent of the world’s largest 250 companies publish sustainability reports with their ambitious goals for energy, water and waste reductions. Correlate Infrastructures’ corporate plan is to make it easier for clients to achieve those goals. For more information, visit the company’s website at www.CorrelateInfra.com, including the following: NOTE TO INVESTORS: The latest news and updates relating to CIPI are available in the company’s newsroom at https://ibn.fm/CIPI

Eat Well Investment Group Inc. (CSE: EWG) (OTC: EWGFF) Maintains Strong Position as Developing Food Supplier Amid Era of Growing Global Food Insecurity

  • Eat Well Investment Group Inc. is a plant-based foods investment company with three primary subsidiaries based in natural alternatives to meat-based proteins
  • Eat Well’s subsidiary Belle Pulses has demonstrated particularly importance amid growing global food insecurity, supplying its pea-based products to 35 nations
  • The company’s FoodTech subsidiary, Sapientia, is working to become a plant-based leader in the snack market, launching its first products under a white label division in December
  • Eat Well’s Amara Organic Foods subsidiary is a distributor of plant-based foods for babies and young children, marketing its products through Kroger, Walmart, Amazon, H-E-B and other retailers
Following Russia’s major escalation of its war against Ukraine in February, food insecurity concerns became a growing focus of governmental policy makers who tried to forecast the disruption of the international agricultural supply chain rooted in Ukraine’s and Russia’s fertile economies. The security of the food supply chain continues to generate global worries almost half a year later as the war drags on, displacing nearly 10 million Ukrainians and killing scores of Russians and Ukrainians in the combat zones. Already, the refugee crisis is the largest for Europe since the world wars a century ago, and ranks among the largest refugee crises worldwide (https://ibn.fm/dB4Si). And the impact is being felt abroad within nations accustomed to receiving agricultural products from the breadbasket region. In July, as financial leaders from various nations gathered at the latest Group of 20 meeting set in Bali, Senegalese Minister of Economy Amadou Hott pointed to Middle East and African ties to the war-battered region and the exacerbating impact of inflationary prices and disruptions connected to the worldwide COVID pandemic, stating that “we’ll have more casualties than during Covid times” as a result of the supply crisis if a ready solution is not found (https://ibn.fm/prSCR). Plant-based foods investment company Eat Well Investment Group (CSE: EWG) (OTC: EWGFF) is working to supply a number of climate-friendly food options to consumers from its base of operations in Canada. New CFO Patrick Dunn cited the ability of plant-based foods, agribusiness and food technology to drive improvements in global food security when his appointment was announced July 12 (https://ibn.fm/pxtHs). “(Subsidiary plant-based ingredients processor Belle Pulses) in particular is our food security play today globally,” President & CEO Marc Aneed said during a recent video media interview (https://ibn.fm/eK1Eh). “Distributed in 35 countries and now more critical than ever because pulses are made in three places in the world — Ukraine, Saskatchewan and China, and unfortunately the Ukraine has become challenged. So Belle is fielding calls from around the world.” In the early years of Belle Pulses’ 40-year history, most of the company’s pulses were exported from Canada to developing countries — primarily in Africa and South America, stated Aneed in another recent interview (https://ibn.fm/JFnDx). In more recent years, pulses’ capacity to deliver inexpensive protein in the form of peas that can be used in noodles and high-protein pastas, ice creams, non-dairy milk, plant-based meats, soups, sauces, crackers, nutrition bars and other baked goods, have made them popular not only in developing countries but in other nations as well. Eat Well’s last year-end fiscal report and management analysis (https://ibn.fm/f0cLS) indicated several of Belle Pulses’ major customers increased orders for plant-based foods, for both human and pet consumption, heading into 2022. The company indicated it anticipates entering into new contracts, “including the expansion of its direct supplier relationship with General Mills for a variety of end consumer products featuring pulse proteins, and the expansion of the Ingredion strategic partnership.” Both General Mills and Ingredion are NYSE Fortune 500 companies. Eat Well’s other 100 percent-owned subsidiary is Sapientia (Led by previous Frito-Lay executives), which has remained committed to becoming an industry leader in the plant-based snack market since its launch in 2016. The company developed a breakthrough in fried vs. baked extrusion technology processing, creating a proprietary trade secret for producing the textural attributes of a fried product with high nutritional value and without frying. Sapientia launched its first product, a white-labeled protein twist, to 350 Federated Co-op stores in western Canada in December, and the product promptly was awarded finalist status in the 29th annual Canadian Grand Prix New Product Awards in April. Eat Well also has a significant ownership stake in food technology company Amara, which has a proprietary IP for making plant-based, convenient foods for babies and young children. Eat Well’s distribution agreements with companies such as Walmart, Whole Foods, Sprouts Farmer’s Market, Loblaws, Amazon and HEB Grocery Company (H-E-B) have helped it to expand its consumer base and name recognition. For more information, visit the company’s website at www.EatWellGroup.com. NOTE TO INVESTORS: The latest news and updates relating to EWGFF are available in the company’s newsroom at https://ibn.fm/EWGFF

iGaming Legalized in Ontario, Golden Matrix Group Inc. (NASDAQ: GMGI) Positioned to Benefit from Relaxed Legislation

  • Canadian province of Ontario recently legalized iGaming, other provinces expected to follow
  • iGaming industry expected to reach 153.6 billion by 2030 at CAGR of 11.7% from 2022 to 2030
  • GMGI offers highly modular, turnkey, and white label gaming solutions for growing B2B customer base
  • Recently released financial results reveal 15 consecutive profitable quarters, 221% Q2-2022 growth
The province of Ontario in Canada has recently joined South Africa, Japan, and many European Union countries in legalizing iGaming (https://ibn.fm/65kyx). Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems, and gaming content, is positioned to benefit from relaxed legislation that is expected to grow the global iGaming industry. Ontario first legalized online gambling in April 2022, granting iGaming Ontario – a subsidiary of the Alcohol and Gaming Commission of Ontario – the authority to regulate policy, monitor iGaming sites, and grant licenses to prospective operators looking to set up in the province. As a result, other Canadian jurisdictions are eyeing Ontario’s iGaming market with plans to follow the province’s lead. “I do believe that they will implement some of the things that work and… create their own respective provincial frameworks,” said Jared Beber, CEO of Sports Venture Holdings Inc., the parent company of subsidiaries that run Bet99.com (https://ibn.fm/LT9IF). “And we intend to be right there, obtaining that respective license as it becomes available.” Ontario is following a worldwide trend as other countries have either legalized or relaxed iGaming legislation. As a result, analysts at Grandview Research expect the industry to reach 153.6 billion by 2030 at a CAGR of 11.7% from 2022 to 2030 (https://ibn.fm/krrb4). Increased regulation is also expected to attract more users as governing bodies grant licenses, monitor existing websites, and impose fines on operators that violate rules and defraud customers. Golden Matrix is up to standard with industry trends and technological innovation. The company offers highly modular, turnkey, and white label gaming platforms that can be easily customized by emerging iGaming operators. Compatible with all major browsers, operating systems, and devices, GMGI’s solutions maximize value by integrating AI-powered tools that collect customer data to optimize user monetization. “We provide the tools that change their world,” said Golden Matrix CEO Brian Goodman in a recent interview (https://ibn.fm/ecPMm). “Our products provide these tools: artificial intelligence, loyalty tools, bonuses, and free spins.” “What happens is that you use these tools to determine what the player skill levels are, how long they spend in the casino, and what they like to play. All of these items or pieces of marketing that we provide in our system are critical to survival.” GMGI’s AI-enhanced software is built into their GM-X Turnkey, GM-X White Label, and GM-X Direct Integration solutions. The company’s financial results emphasize the success of its strategy with 15 consecutive profitable quarters and 221% growth in Q2-2022 (https://ibn.fm/Uhr07). “We are pleased with the financial results of our second quarter as a company with both B2B and B2C verticals,” said Goodman. “We expect this to be a strong third quarter in terms of revenues and profits, the recently acquired RKings Competitions is performing extremely well.” Golden Matrix Group is the leading provider of turnkey and white label iGaming platforms, Esports technology, and gaming content. As the demand for flexible, highly modular, configurable, and scalable AI-powered gaming platforms continues to grow, GMGI is adequately positioned to offer its partners a distinct competitive advantage with AI-enhanced tools that maximize their return on investment. For more information, visit the company’s website at www.GoldenMatrix.com. NOTE TO INVESTORS: The latest news and updates relating to GMGI are available in the company’s newsroom at https://ibn.fm/GMGI

Friendable Inc. (FDBL) Announces Largest Contest to Date, with a $1,000 Cash Prize for Each Winner in Five Music Genres

  • Friendable announces the “Song of the Summer” contest through Artist Republik, with artist submissions accepted through July 31, 2022
  • One winner in each genre – Hip Hop/Rap, Rock/Punk/Metal, Latin, EDM, and Pop – will be voted on by fans to win $1,000, a total of $5,000 across all genres
  • Friendable’s acquisition of Artist Republik and FeaturedX in January 2022 has expanded the Fan Pass Live offering to create a 360-degree suite of services for independent artists to produce, distribute, and market their music without label control
Friendable (OTC: FDBL), a mobile technology and marketing company, recently announced its “Song of the Summer” contest and artist promotion through its Fan Pass Live branded Artist Republik offering. Friendable is promoting the contest to the 120,000 registered music artists within its database and across social media channels, blogs, and related media outlets for exposure to artists and fans. The Company has received an immediate, positive response to the contest, with artist entries pouring in since the contest opened last week. Registration for the contest will remain open until July 31, 2022, and fan voting begins in August to determine each of the five winners, one per genre (https://ibn.fm/iTpOq). The “Song of the Summer” contest allows artists to submit a song in five genres – Hip Hop/Rap, Rock/Punk/Metal, Latin, EDM, and Pop. A winner will be chosen by the fans, with the winner of each genre to receive $1,000. A total of $5,000 will be awarded to the five winners across the five different genres. The winners of each genre will be crowned once voting ends. For more about the “Song of the Summer” contest, visit https://artistrepublik.com/sots. “This contest has been a highly sought after and anticipated promotion since it began with the former Artist Republik management team. Now that our team has taken over, it’s our pleasure to have revamped the contest with new technology, tracking, leader boards, promotion, and tools for each artist to promote themselves to fans to attract the most votes to their ‘Song of the Summer’ submission,” Friendable Robert A. Rositano, Jr., said. Rositano explained that in previous years the promotion garnered over 10,000 sign-ups, but artists have never had the opportunity to engage with their fans beyond the vote, and that is something Friendable’s 360-degree offering is going to change. “With our 360 offering including Artist Republik services, FeaturedX, and Fan Pass Live, each artist can continue monetizing from the fan engagement created by our promotion, further gathering more content, traffic, and revenue for the Company overall,” he added. Friendable announced its acquisition of Artist Republik and FeaturedX in January 2022, bringing together a 360-degree suite of services for artists, completing its flagship offering, the Fan Pass Live artist platform. Artists can now sign up for the Fan Pass Live artist platform and benefit from music production, distribution, and marketing services without the control of music labels pulling the strings or eating up revenue. The combination of Fan Pass Live, Artist Republik, and FeaturedX offers artists an assortment of resources and benefits, including:
  • Music Distribution and Management
  • Music Production Assistance
  • Press Release and Instagram Promotion
  • Digital Storefront Activation
  • Artist Marketplace for Collaborations
  • Merchandise, Logo, and Promotional Design Support
  • Virtual Concert Booking and Ticketing Mobile Streaming Services
  • Live Streaming Support
  • Revenue from Fan Tips, Monthly Artist Contests, Merchandise, and Ticket Sales
  • Access to Fan Data and Performance Analytics
  • Monthly Artist Contests
  • NFT Development and Metaverse Performances – Coming Soon
The 360-degree suite of Fan Pass Live, Artist Republik, and FeaturedX promotes being an independent label in an artist’s pocket, meaning there are no gatekeepers, no middleman, and artists retain 100% control of their music. With over 100,000 artists and counting trusting the Friendable line of products, independent artists now have the platform necessary to produce, distribute, and market their music without losing out on the revenue for their hard work – and they keep all rights to their music. For more information, visit the company’s websites at www.Friendable.com or www.FanPassLive.com. NOTE TO INVESTORS: The latest news and updates relating to FDBL are available in the company’s newsroom at http://ibn.fm/FDBL

From West to East, EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQB: EVGIF) Stretching its RNG Footprint Across Canada

  • Formed just two years ago, EverGen began with the acquisition of two waste-to-energy facilities in British Columbia
  • In the last two months, EverGen has expanded its Canadian presence, making acquisitions of facilities and projects in Alberta and Ontario
  • The company is targeting RNG production in excess of 1 million gigajoules annually
Have garbage, will travel. That could easily be the mantra of Chase Edgelow and Mischa Zajtmann, the founders of EverGen Infrastructure (TSX.V: EVGN) (OTCQB: EVGIF), a company working on disrupting Canada’s energy industry with its renewable natural gas (“RNG”) infrastructure platform. As recently as May, EverGen described itself as being focused on its home province of British Columbia, but that is no longer the case, as the company has made important acquisitions that have taken EverGen’s organic waste-to-energy technology as far east as Ontario so far. With RNG, different types of organic waste (e.g., food or agricultural waste) are feedstock for an anaerobic digester where it can be turned into digestate or biogas. Digestate is used for products such as fertilizer and soil amendments. The biogas is further processed with the RNG output comparable with pipeline-grade natural gas. RNG is Earth-friendly and sustainable, requiring no drilling while making meaningful use of rubbish rather than sending it to a landfill where it rots and emits greenhouse gases. Edgelow and Zajtmann formed EverGen in 2020 for the purpose of acquiring, developing, building, owning, and operating a portfolio of RNG and related infrastructure projects. The initial focus was B.C., where EverGen bought its first two organic waste processing facilities and began establishing relationships with utilities to purchase their RNG, which would be added to the gas grid. For its feedstock, EverGen has contracts with municipalities and waste haulers. For its production, EverGen has fixed-price, long-term contracts to supply RNG to offtake partners, including FortisBC. Earlier this month, EverGen announced closing its acquisition of a 67% interest in Grow the Energy Circle Ltd., marking its entrance into the Alberta energy market. Located on the Perry Family farm outside Lethbridge, Alberta, GrowTEC is an operating farm scale biogas facility consisting of an anaerobic digester which has been converting biodegradable waste into biogas and generating renewable power for over seven years. With EverGen in the mix, the facility is undergoing some upgrades to process the biogas into RNG, which will be purchased by FortisBC as part of its goal to have a minimum of 15 percent of its gas supply carbon neutral by 2030. The GrowTEC acquisition came six weeks after EverGen inked a deal with Northeast Renewables LP to acquire a 50% interest in a portfolio of RNG development projects in southern Ontario known as Project Radius. Project Radius is a late-development-stage portfolio of three high-quality, on-farm RNG projects, collectively capable of producing about 1.7 million gigajoules (“GJ”) annually of RNG. The three projects are expected to be constructed during 2023-2024. Feedstock supply and offtake agreements are being negotiated. “EverGen is expanding across the country, now in three of the four largest Canadian jurisdictions for RNG. Our focus on industry consolidation and the build out of our RNG infrastructure platform is well underway as we move toward the potential to produce over 1,000,000 GJ of RNG annually,” said Chase Edgelow in a press release on the GrowTEC investment. To that end, the company has erased its “focus on the West Coast of Canada” and replaced it with “continued growth expected across other regions in North America and beyond.” For more information, visit the company’s website at www.EvergenInfra.com. NOTE TO INVESTORS: The latest news and updates relating to EVGIF are available in the company’s newsroom at https://ibn.fm/EVGIF

DPCM Capital Inc. (NYSE: XPOA) and D-Wave Systems Inc. Highlight Unique Bonus Pool Structure for Up to 5 Million Shares to be Allocated Pro-Rata to Non-Redeeming DPCM Capital Stockholders

  • DPCM Capital stockholders have been offered an innovative bonus pool structure that incentivizes stockholders and reduces their cost basis per share by as much as 31%
  • The bonus pool is highlighted ahead of the July 29, 2022 redemption deadline to incentivize ongoing retention and long-term investment in D-Wave by DPCM Capital stockholders
DPCM Capital (NYSE: XPOA), a special purpose acquisition company, and D-Wave Systems Inc., a leader in quantum computing systems, software, and services, have highlighted an innovative bonus pool structure for DCPM Capital stockholders in advance of the deadline for redemption at 5:00 p.m. EDT on July 29, 2022. Upon closing of the proposed business combination between DPCM Capital and D-Wave, a new company, D-Wave Quantum Inc., will become the parent company of D-Wave Systems and DPCM, and is expected to trade on the NYSE under the ticker symbol ‘QBTS’ (https://ibn.fm/tKya9). To incentivize ongoing retention and long-term investment, the bonus pool proposed by DPCM and D-Wave of up to 5 million shares of common stock of D-Wave Quantum Inc. will be allocated to non-redeeming public stockholders of DPCM Capital on a pro-rata basis. The incentivized structure effectively reduces investors’ cost basis per share by as much as 31%. A similar bonus pool of up to 1.8 million shares has been established for Private Investment in Public Equity (“PIPE”) investors to ensure the same effective cost for PIPE investors as for the public stockholders in DPCM Capital. “We are living in an unprecedented time and facing an unpredictable market. Because of this volatility, and because of our heritage of complex problem solving (we commercialized the first quantum computer when no one thought it was possible), we thought we’d take a slightly different and more direct approach,” D-Wave CEO Alan Baratz said. “This bonus pool enables D-Wave to provide DPCM Capital’s stockholders with an innovative economic incentive that is designed to minimize redemptions and further facilitate long-term value creation.” The special meeting of the stockholders will take place at 10:00 a.m. EDT on August 2, 2022, to approve, among other things, the business combination of DPCM and D-Wave. Those stockholders of record as of June 10, 2022, will be entitled to receive notice of, and to vote at, this special meeting. As a leader in quantum computing systems, software, and services, D-Wave is well-known for its annealing system, which rapidly identifies minimums in problems that span many variables and options. Where traditional computers and computation systems fall short, D-Wave’s quantum annealing system can solve them. The company’s commercial products include:
  • Advantage(TM) – a fifth-generation quantum computer
  • Leap(TM) – a quantum cloud service
  • Launch(TM) – a quantum computing onboarding service
  • Ocean(TM) – a full suite of open-source programming tools
D-Wave recently finalized agreements with two top financial institutions to use quantum computing services: Mastercard (NYSE: MA) and CaixaBank. Through these strategic collaborations, D-Wave expects to deliver more value and enhance the overall customer experience for financial institutions. Through its full-stack, cross-platform approach, alongside its go-to-market strategy, technical capabilities and product vision, D-Wave is positioned to capture a significant portion of the quantum total addressable market. Boston Consulting Group notes that the quantum computing total addressable market (“TAM”) could reach up to $5 billion in the near term and between $450 and $850 billion by 2040, with combinatorial optimization problems, which are best suited for annealing systems, representing approximately 24% to 26% of the TAM, which translates to $500 million to $1.2 billion in the near term, potentially growing to $112 billion to $212 billion longer term. The 20% of this TAM that is expected to be available to quantum hardware, software and service providers such as D-Wave is $100 million to $250 million in the near term, potentially growing to $22 billion to $42 billion longer term. For more information, visit the D-Wave Systems website at www.DWaveSys.com. NOTE TO INVESTORS: The latest news and updates relating to XPOA are available in the company’s newsroom at https://ibn.fm/XPOA Important Information About the Business Combination between D-Wave and DPCM Capital and Where to Find It: A full description of the terms of the Business Combination between D-Wave and DPCM Capital is provided in the Registration Statement, to be issued in connection with the Business Combination and the Proxy Statement with respect to the stockholder meeting of DPCM Capital to vote on the Business Combination. D-Wave Quantum Inc. and DPCM Capital urge investors, stockholders, and other interested persons to read the Proxy Statement, as well as other documents filed with the SEC, because these documents contain important information about D-Wave Quantum Inc., DPCM Capital, D-Wave, and the Business Combination. DPCM Capital commenced mailing the Proxy Statement to its stockholders on or about July 13, 2022 in connection with the Business Combination. Stockholders also may obtain a copy of the Registration Statement, as amended—including the Proxy Statement and other documents filed with the SEC without charge—by directing a request to: D-Wave Quantum Inc., 3033 Beta Avenue, Burnaby, BC V5G 4M9 Canada, or via email at shareholdercomm@dwavesys.com and DPCM Capital, 382 NE 191 Street, #24148, Miami, Florida 33179, or via email at mward@hstrategies.com. The Proxy Statement included in the Registration Statement, can also be obtained, without charge, at the SEC’s website (www.sec.gov). Forward-Looking Statements This communication contains forward-looking statements that are based on beliefs and assumptions, and on information currently available. In some cases, you can identify forward-looking statements by the following words: “may,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “ongoing,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. These statements involve risks, uncertainties, and other factors that may cause actual results, levels of activity, performance, or achievements to be materially different from the information expressed or implied by these forward-looking statements. We caution you that these statements are based on a combination of facts and factors currently known by us and our projections of the future, which are subject to a number of risks. Forward-looking statements in this communication include, but are not limited to, statements regarding the Business Combination, including the timing and structure of the Business Combination; statements regarding the timing of the Special Meeting and the bonus pool being made available to DPCM Capital stockholders; the listing of D-Wave Quantum Inc.’s shares; the amount and use of the proceeds of the Business Combination; the combined company’s future growth and innovations; the increased adoption of quantum computing solutions and expansion of related market opportunities and use cases; the total addressable market for quantum computing; the collaboration with CaixaBank and Mastercard; the consummation of private placements conducted in connection with the Business Combination; the initial market capitalization of D-Wave Quantum Inc.; the amount of funds available in DPCM Capital’s trust account as a result of stockholder redemptions or otherwise; and the anticipated benefits of the Business Combination. We cannot assure you that the forward-looking statements in this communication will prove to be accurate. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including risks relating to general economic conditions, risks relating to the immaturity of the quantum computing market and other risks, uncertainties and factors set forth in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in DPCM Capital’s Annual Report on Form 10-K filed with the SEC on March 15, 2022, and in the Proxy Statement filed by D-Wave Quantum Inc. in connection with the Business Combination, and other filings with the SEC. Furthermore, if the forward-looking statements prove to be inaccurate, the inaccuracy may be material. In addition, you are cautioned that past performance may not be indicative of future results. In light of the significant uncertainties in these forward-looking statements, you should not rely on these statements in making an investment decision or regard these statements as a representation or warranty by any person that D-Wave Quantum Inc., DPCM Capital, or D-Wave will achieve our objectives and plans in any specified time frame, or at all. The forward-looking statements in this communication represent our views as of the date of this communication. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we have no current intention of doing so except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing our views as of any date subsequent to the date of this communication. No Offer or Solicitation This communication is for informational purposes only and does not constitute an offer or invitation for the sale or purchase of securities, assets, or the business described herein or a commitment to D-Wave Quantum Inc., DPCM Capital, or D-Wave, nor is it a solicitation of any vote, consent, or approval in any jurisdiction pursuant to or in connection with the Business Combination or otherwise, nor shall there be any sale, issuance, or transfer of securities in any jurisdiction in contravention of applicable law. Participants in Solicitation D-Wave Quantum Inc., DPCM Capital, and D-Wave, and their respective directors and executive officers, may be deemed participants in the solicitation of proxies of DPCM Capital’s stockholders in respect of the Business Combination. Information about the directors and executive officers of DPCM Capital is set forth in DPCM Capital’s filings with the SEC. Information about the directors and executive officers of D-Wave Quantum Inc. and more detailed information regarding the identity of all potential participants, and their direct and indirect interests by security holdings or otherwise, is set forth in the Proxy Statement. Additional information regarding the identity of all potential participants in the solicitation of proxies to DPCM Capital’s stockholders in connection with the Business Combination and other matters to be voted upon at the Special Meeting, and their direct and indirect interests, by security holdings or otherwise, is included in the Proxy Statement.

Cub Crafters Inc. Helps Recreational Travelers Take Flight with Classic Piper Cub-inspired Planes

  • Commercial airlines have seen a resurgence of air travel demand this year following two years of COVID restrictions that kept most people close to home, but many airlines found themselves overwhelmed by the crush of travelers and capped ticket availability
  • Yakima, Washington based CubCrafters Inc. designs, builds, and tests unique light aircraft for those who want to fly themselves
  • The company’s array of aircraft are inspired by the classic Piper PA-18 Super Cub and include a variety of the company’s own Cub-derivative, newly manufactured designs
  • The light and ultralight aircraft market is expected to grow by the end of the decade from annual revenues of $7.5 billion to $11.9 billion at a CAGR of 5.9 percent between 2022 and 2030
When the movie “Top Gun” debuted in 1986, scores of Americans felt inspired to take up flying as a recreational pursuit. With the unveiling of the explosively popular sequel this summer, enthusiasts are seeing a new wave of newcomers to airborne travel (https://ibn.fm/GAeyR). The ability to crisscross the country in a personal plane is an attainable dream for Americans who love the adventure of seeing life from the air and have the discipline to do the necessary training and budgeting to get off the ground. And after two and a half years of pandemic-related restrictions, summer commercial air travel for recreation surged this year as a result of renewed demand for long-distance vacations. Delta, American, United, JetBlue Airways, Spirit Airlines and Alaska Airlines each capped ticket availability after initially biting off more they could chew this year and having to cancel or delay a large number of flights to accommodate staffing schedules (https://ibn.fm/DKDGa). Yakima, Wash.-based Cub Crafters (stylized as CubCrafters) has spent decades appealing to those who want to fly themselves by designing, building, testing, and selling best-of-class backcountry airplanes modeled on the classic Piper PA-18 Super Cub light aircraft, and the company’s own Cub-derivative newly manufactured designs.  CubCrafters offers various different models of aircraft that fit under FAA Certified (Part 23), Light Sport Aircraft (“LSA”), and Experimental Amateur Built (E/A-B) classifications. CubCrafters sells finished aircraft as well as aircraft kits for experimental plane enthusiasts who enjoy the hands-on, DIY emotion of assembling things themselves. The company focuses on five main product lines — the Carbon Cub SS LSA, Carbon Cub FX EAB, Carbon Cub EX kit, the FAA certified XCub, and the classic Top Cub. The company first certified the CC18 Top Cub in 2004 based on the classic Piper design. More than a decade later, in 2016, the completely modern CC19 XCub was FAA certified and introduced by the company with higher performance and stronger structure than similar aircraft, able to fly farther, faster, and carry more with a useful load is as high as 1,084 pounds. The quality and nimble performance exhibited by the original Carbon Cub made it the best-selling LSA of all time in the United States, according to the company. The clean sheet design, computer-aided and using 21st century materials that are lightweight and extremely strong, has put more than 1,000 Carbon Cubs in the air. Analysts at ResearchandMarkets.com are forecasting strong tailwinds for the light and ultralight aircraft manufacture market. They see the market’s current value as $7.5 billion with expectations for growth to $11.9 billion by the end of the decade, at a CAGR of 5.9 percent from 2022 to 2030 (https://ibn.fm/20rUy). “Engaging our customers has been hugely important,” CubCrafters’ President and CEO Patrick Horgan stated two years ago when the company drew attention for introducing a Cub with a nose wheel design instead of the usual tailwheel (https://ibn.fm/6PsrC). “We went into this process not entirely sure if the market wanted to accept a nosewheel-type personal adventure Cub,” Horgan stated at the time. “(But) we’ve had people wanting to place deposits for this aircraft from day one. Our customers have made it very clear that they want us to build this airplane.” That same year, CubCrafters also recorded a landmark event when it shipped its first new European Aviation Safety Agency-certified CC19 XCub to Europe for a customer who wanted to use it as a working tool for business travel across England, Wales, Scotland and Ireland, “enabling very efficient access to often remote parts of the islands” (https://ibn.fm/U3Djx). For more information, visit the company’s website at www.CubCrafters.com. NOTE TO INVESTORS: The latest news and updates relating to Cub Crafters Inc. are available in the company’s newsroom at https://ibn.fm/CUB

Cybin Inc. (NEO: CYBN) (NYSE American: CYBN) Cleared for Historic Study, Begins Enrolling Participants

  • Company receives FDA “may proceed” letter and investigational new drug (“IND”) application clearance
  • Enrollment for Phase 1/2a trial has already started
  • Upcoming trial is first time a psilocybin analog will be evaluated for MDD treatment
  • Studies show psychedelic-based treatments may have potential to revolutionize mental healthcare, but few companies have assessed limitations of oral psilocybin
In a first-ever milestone, Cybin (NEO: CYBN) (NYSE American: CYBN) received approval from the U.S. Food and Drug Administration (“FDA”) (https://ibn.fm/QfXhX) to proceed with its planned phase 1/2a first in-human clinical trial and has started enrollment (https://ibn.fm/HxkKp). The study is designed to evaluate Cybin’s proprietary deuterated psilocybin analog, CYB003. The approval came in the form of a “may proceed” letter and investigational new drug (“IND”) application clearance. “We are extremely pleased to advance CYB003 into clinical development so quickly,” said Cybin CEO Doug Drysdale. “Our team has worked diligently to achieve this major regulatory milestone, and we look forward to collaborating with Clinilabs, our drug-development partner, to accelerate this program. This phase 1/2a trial represents the first time that a psilocybin analog will be evaluated for the treatment of MDD and is the key next step toward our ultimate goal of providing a new and effective treatment for people suffering with mental health conditions. “Successful patient recruitment and a proper clinical environment are integral components of this trial,” Drysdale also noted. “As a global leader in drug development services, Clinilabs is a perfect partner, and we are thankful for their support and guidance.” According to the company, this is the industry’s first-ever novel psilocybin analog to enter clinical development. Participants in the randomized, double-blind, placebo-controlled study will receive two administrations: placebo/active and active/active. In addition, a response/remission will be assessed after the first dose at week 3 and after the second dose at week 6. The announcement noted that study subjects currently being treated with selective serotonin reuptake inhibitors can remain on their antidepressant medication. Specifically, the phase 1/2a study is designed to evaluate rapid onset of antidepressant effect on the day of dosing, as well as the benefit of CYB003 when administered at up to two 12mg doses. An optional open-label follow-up study will assess the durability of treatment effect out to 12 weeks. The study will use the Montgomery-Asberg Depression Rating Scale. Cybin plans to provide an interim pharmacokinetic (“PK”) and safety data readout in quarter four of this year. The company anticipates that data from the studies will provide key PK and safety data to help the company identify future plans for its proprietary substance. “Multiple academic studies have shown that psychedelic-based treatments, like psilocybin, may have the potential to revolutionize mental healthcare, but few companies have addressed the well-known limitations and side effects of oral psilocybin,” said Drysdale. “We believe CYB003 has the potential to offer people in need a more tolerable and potentially more effective treatment option. We look forward to advancing this important compound through clinical development.” A deuterated analog of psilocybin, CYB003 is designed to effectively address the challenges and limitations of oral psilocybin. Based on preclinical data, CYB003 achieved less variability in plasma levels, faster onset of action and shorter duration of effect. “We believe CYB003 has the potential to reduce time and resource burden on patients, providers and payers, and possibly improve scalability and accessibility​ of treatment,” the company stated. Cybin is a leading ethical biopharmaceutical company, working with a network of world-class partners and internationally recognized scientists, on a mission to create safe and effective therapeutics for patients to address a multitude of mental health issues. Headquartered in Canada and founded in 2019, Cybin is operational in Canada, the United States, the United Kingdom and Ireland. The company is focused on progressing psychedelics to therapeutics by engineering proprietary drug discovery platforms, innovative drug delivery systems, novel formulation approaches and treatment regimens for mental health disorders. For more information, visit the company’s website at www.Cybin.com. NOTE TO INVESTORS: The latest news and updates relating to CYBN are available in the company’s newsroom at https://ibn.fm/CYBN

From Our Blog

Canada Crypto Week Returns July 20–26, 2026, Turning Toronto into a Global Hub for Web3 and AI

July 8, 2026

Canada Crypto Week is back. Now in its sixth year, the week-long Web3 takeover of Toronto will run July 20–26, 2026, drawing builders, investors, founders, and community members from around the world for one of the most concentrated gatherings of Web3 activity on the global calendar. At the center of Canada Crypto Week is Blockchain […]

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