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SuperCom Ltd. (NASDAQ: SPCB) Secures 5th Government EM Contract for Domestic Violence Offender Monitoring

  • Electronic monitoring (“EM”) technology is becoming a popular go-to means of tracking the movements of crime suspects, including domestic violence (“DV”) offenders, while they remain unjailed and free to continue productive activity in society
  • SuperCom Ltd., a secure solutions provider for the e-Government, IoT and Cybersecurity sectors, is competitively marketing its PureSecurity EM platform to government clients who need SuperCom’s resources for parole and probation supervision
  • SuperCom recently announced it has secured its fifth national contract in Europe to provide supervised monitoring of domestic violence suspects and an effective alert system for DV victims
  • Analysts forecast Europe’s average daily caseload of individuals monitored with EM will increase from 64,000 people to 94,000 between 2023 and 2028

Electronic monitoring (“EM”) technology is increasingly being deployed as a public safety solution that has the potential to ease the concerns of governments and citizens alike around the world. Using a variety of modern technologies, law enforcement and other safety institutions are able to track the movements of individuals identified as criminal suspects while those suspects remain free from incarceration and interact with society.

Riding the wave of the EM technology market’s growth, SuperCom (NASDAQ: SPCB) and its PureSecurity suite of EM solutions have built a strong reputation for providing products and services that help criminal justice systems monitor the movements of offenders and suspects. 

SuperCom announced recently (Sept. 23) that it has secured a new three-year national contract with government officials in Europe to monitor domestic violence (“DV”) suspects, providing vulnerable victims and authorities with a level of assurance that they’ll be notified if the offender is anywhere in their vicinity, allowing authorities to react promptly and enabling victims to take measures to enhance their safety.

The contract marks the company’s fifth compact with a national government office in Europe to provide domestic violence subject monitoring capabilities in the European Union (“EU”) region. This marks SuperCom’s continued expansion in Europe, where it has already deployed a substantial number of units, outpacing its competitors and solidifying its position as a leader in domestic violence monitoring solutions.

“Winning our fifth national domestic violence contract in Europe is a testament to the trust governments place in our technology and our commitment to enhancing public safety,” SuperCom President and CEO Ordan Trabelsi stated in the company’s announcement (https://ibn.fm/5tSea). “Our DV monitoring solution offers real-time tracking, communication and security, providing authorities with a powerful tool to improve the protection of vulnerable individuals and promote offender accountability.”

SuperCom continues to establish its competitiveness in a small, niche market as it gains successive monitoring technology contracts in Europe and the United States.

Research and Markets analysts’ report on the electronic monitoring market last year noted that Europe was undertaking an average daily caseload of 64,000 individuals being monitored through EM technology, while the analysts found 518,000 being monitored in North America on a daily average basis. The analysts forecast that those numbers will grow to 680,000 in North America, and the United States was managing an average daily caseload of 518,000 individuals being monitored through EM technology, while the analysts found 64,000 being monitored in Europe on a daily average basis.

The analysts forecast that those numbers will grow to 680,000 in North America and 94,000 in Europe by 2028. They also expect the market to grow with a five-year CAGR of 7.2 percent to a value of $2.3 billion by 2028 when Europe and North America’s sectors are combined with the EM sector in Latin America (https://ibn.fm/uXLce).

Domestic violence intervention is a significant client use case for EM technology. The PureSecurity platform transmits information on a monitored subject’s whereabouts in real time, not simply on a flat geographical footprint but with elevation data as well to deliver a more 3-D perspective for apartment dwellers and office workers. The system then notifies victims via cell phone if an alert to an offender’s location is needed.

“The new contract represents a significant step in enhancing domestic violence prevention and intervention capabilities in this EU region,” SuperCom’s announcement states.

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

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

Dynasty Gold Corp. (TSX.V: DYG) (OTC: DGDCF) Launches Second Phase of 2024 Drill Campaign at Flagship Thundercloud Property

  • The second phase of Dynasty’s drill campaign will cover the remaining 1,800 meters of the 4,000 meter drill program announced in June 2024, and will focus on testing the West Contact Zone, south of Pelham.
  • Phase 1 drill results confirmed grades of up to 24.53 g/t within a broad zone of mineralization in the Eastern Pelham Zone.
  • Typical intercepts at the property ranged between 50m and 160m averaging between 1 and 8.4g/t gold with narrower, higher-grade intervals of 3m to 12m between 10 to 65 g/t.
  • The company is preparing an additional drilling phase late 2024 or early 2025 to test for down-dip extensions to the mineralization, particularly in the Eastern Pelham Zone.

Dynasty Gold (TSX.V: DYG) (OTC: DGDCF), a Canadian mineral exploration company currently focused on gold exploration in North America with projects located in the Manitou-Stormy Lake greenstone belt in Ontario and the Midas gold camp in Nevada, announced the launch of Phase 2 of this year’s exploration program at flagship Thundercloud Property.

Located in one of the most prolific mining areas in North America – in the Archean Manitou-Stormy Lakes Greenstone belt, 47 kilometers southeast of Dryden in northwestern Ontario, Thundercloud has been shown to have high-grade gold deposits, as confirmed by the first phase of the 2024 program and previous drilling campaigns in 2022 and 2023.

Phase 1 drill results released in September confirmed grades of up to 24.53 g/t within a broad zone of mineralization in the Eastern Pelham Zone. “These high-grade assay results have significantly expanded the resource (NI 43-101 Resource Estimate Report, September 2021) in tonnage and grade,” said Ivy Chong, president and CEO of Dynasty Gold Corp. “With additional drilling this fall and into next year, and gold trading above $2,600 an ounce, we anticipate the resource model could expand considerably when the NI 43-101 Resource Estimate Report is updated.”

Drilling at the Pelham Zone, in the central portion of the property, has delineated a zone of mineralization over a strike length of 450m and vertical extent of 150m to 200m. “Drilling on the property in the last two years are shallow holes of less than 250 meters (‘m’). Mineralization is open at depth and along strike and 90% of the property has not been systematically explored, providing excellent potential for resource expansion,” Chong added.

Typical intercepts at the property ranged between 50m and 160m averaging between 1 and 8.4g/t gold with narrower, higher-grade intervals of 3m to 12m between 10 to 65 g/t.

Selected Results with Assays Above 10 g/t Gold 

  • Hole DP22-02
    65.2 g/t over 3m between 190.5m and 193.5m
  • Hole DP22-03
    50.3 g/t over 9.5m between 118.5m and 125m
  • Hole DP23-01
    19.3 g/t over 3m between 162m and 165m
    18.3 g/t over 3m between 184.5m and 187.5m
  • Hole DP23-03
    10.4 g/t over 6m between 147m and 153m
  • Hole DP23-04
    11.1 g/t over 12m between 109.5m and 121.5m
  • Hole DP23-10
    11.2 g/t over 3m between 52.5m and 55.5m
    18.1 g/t over 3m between 69m and 72m
  • Hole TC24-02
    11 g/t over 2m between 112m and 114m

The second phase of the campaign will cover the remaining 1,800 meters of the 4,000 meter drill program announced in June 2024, and will focus on testing the West Contact Zone, approximately 500m to 2,000m south of Pelham. Recent reprocessing of magnetic and IP data indicated the existence of similar trending coincident magnetic and chargeability highs in the West Contact Zone as in Pelham.

Dynasty Gold is now conducting a reinterpretation of structural controls for mineralization intersected in the first phase drilling in the Pelham Zone. After this review, the company expects to run an additional phase of drilling later this year or in early 2025 to test for down-dip extensions to the mineralization, particularly in the Eastern Pelham Zone where the 2022 and 2023 drilling programs confirmed the high-grade core to the mineralization.

For more information about the company, visit www.DynastyGoldCorp.com, and see its Investor Presentation at https://ibn.fm/5FXv9.

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

SOBRsafe Inc. (NASDAQ: SOBR) Announces Moves Undertaken to Ensure Sustained Financial Success Based Upon Recent Positive Results

  • SOBRsafe CEO and Chairman Dave Gandini recently provided a video update discussing the company’s plans to achieve sustained financial success and build a global legacy
  • The company intends to regain compliance with Nasdaq’s listing requirements by effecting a reverse stock split and issuing a new capital raise to exceed the minimum stockholders’ equity threshold
  • Retaining its Nasdaq listing is seen as critical to attract and raise capital to continue building operations
  • The company has added 35 new accounts in the first and second quarter of the 2024 fiscal year
  • SOBRsafe is also implementing robust sales and marketing strategies to present its suite of products to more potential customers in the behavioral health sector

SOBRsafe (NASDAQ: SOBR), a company leveraging its advanced next-generation transdermal alcohol detection technology to empower recovery, recently shared a video update from CEO and Chairman Dave Gandini. In the update, Gandini discussed the company’s approved compliance strategies to ensure continued listing on the Nasdaq Capital Markets (https://ibn.fm/Uy9XX).

“Continuing Nasdaq compliance and maintaining our listing is a top priority above all else. Why? First, we are committed to providing our investors with a clear path to growth, value and liquidity, which requires that Nasdaq listing. With our continued listing and growth, we will attract affordable capital,” said Gandini.

According to Gandini, the company has until October 23 to comply with the minimum bid price requirement. And in line with this requirement, the company plans to pursue a reverse stock split, following approval by an overwhelming majority (87%) of its shareholders. The company also has until October 23 to “demonstrate long-term compliance with the required minimum of $2.5 million in shareholder equity.” According to Gandini, the company hopes to address this requirement through a yet-to-be-announced capital raise.

Gandini also talked about the company’s sales and marketing strategies, noting that SOBRsafe has been focusing its sales efforts primarily on the behavioral health market since late last year. By focusing on this market, Gandini explained, the company aims to “reduce costs, streamline operations, improve outcomes, and save lives.”

The company develops and sells a passive, preventative alcohol screening device called the SOBRcheck(TM) and a continuous alcohol monitoring wristband called SOBRsure(TM). SOBRcheck is fitted with two sensors, one of which scans biometrics data from a user’s fingerprint, with the other detecting any alcohol excreted from the pores in the tip of the finger. The device is powered by the SOBRsafe software platform, which relays results in real time, improving employee throughput at point-of-care facilities. The SOBRsure(TM) device is equally configured to provide app-based reporting via the SOBRsafe platform, supports GPS tracking, and sends removal alerts.

“In 2024, and consistent with our strategy, we have now established our technology, with our first revenue-generating customers in behavioral health growing to 35 accounts in the first and second quarters of this year. In addition, we entered the equivalent verticals in Australia and New Zealand and are gaining traction through a channel partner that we are very excited about. Finally, further international expansion is underway,” Gandini continued.

The company is also keen on marketing its behavioral health solutions to even more facilities and potential customers and has launched a national B2B marketing campaign. “Now that we’ve achieved the behavioral health validation I described earlier, we are at a version of that same commercial evolution. We are working with national communication leaders to rapidly build the SOBRsafe brand,” he remarked.

Gandini noted that the campaign, which draws national agencies across public relations and digital and social media marketing, is designed to capture over four million projected views in the next year and present the company’s suite of hardware and software products to more than 45,000 behavioral health decision makers in the U.S. (https://ibn.fm/N4Fie). “We believe that our approach will increase demand, drive sales and gain market share for us in the fourth quarter and into 2025,” conveyed Gandini.

SOBRsafe believes that its strategy, as discussed in the update, will enable it to achieve sustained financial success, increase shareholder value over the long term, and build a global legacy. And this depends on a cascade of related factors. “First to significantly grow sales, we must invest in national marketing, and we are well on our way. Second, to empower this investment, we must acquire additional capital. Third, to attract this capital, we must retain our Nasdaq listing. And finally, to retain our Nasdaq listing, we are required to split the stock,” Gandini concluded.

To view the video update, visit https://ibn.fm/3RsiG.

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

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

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Ideally Positioned as Hybrid-Fueled Surge in PGM Demand Creates Key Opportunity

  • Reuters reports that “a surge in sales of hybrid cars as electric vehicle take-up slows is set to provide an unexpected boost to demand for platinum group metals.”
  • While the global supply of platinum and palladium has been relatively stable, the increase in demand from the automotive sector is expected to create supply pressures.
  • Platinum Group Metals Ltd., a prominent player in the PGM space, is well positioned to capitalize on this trend.

The automotive industry’s shift toward hybrid and electric vehicles (“EVs”) is reshaping numerous sectors, including the precious metals market. A recent Reuters article highlights how this transition is driving the demand for platinum group metals (“PGMs”), a trend that is poised to benefit key industry players such as Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM).

“A surge in sales of hybrid cars as electric vehicle take-up slows is set to provide an unexpected boost to demand for platinum group metals (“PGMs”) in the coming years, similar to the extended lifespan now predicted for coal,” reported Reuters, in an article titled “Hybrid Cars Throw Lifeline to Platinum Metals.”

The article noted that PGMs had been facing a decline in demand because their main use has been to clean auto exhaust, a process that is not needed in pure EVs. However, “a tapering in growth of EV sales, and a surge in demand for hybrid cars that need catalytic converters to curb pollution, have given PGMs a new lease on life that could put a floor under prices and keep some mines open longer,” the article continued.

According to Reuters, the rise in hybrid car production is providing a significant boost to the platinum market. PGMs, including platinum, palladium and rhodium, are essential for the catalytic converters used in these vehicles. These metals facilitate the chemical reactions that convert harmful exhaust gases into less-dangerous emissions. With hybrid vehicles becoming more prevalent, the demand for these metals is growing.

Platinum, in particular, is gaining renewed importance in the automotive industry. As hybrid vehicles become more advanced, the need for high-performance catalytic converters is increasing. Platinum’s unique properties — its catalytic efficiency and resistance to high temperatures — make it a preferred choice for these applications.

The Reuters article notes that while the global supply of platinum has been relatively stable, the increase in demand from the automotive sector is expected to create supply pressures. This imbalance between supply and demand is driving up platinum prices, which in turn impacts the broader market for PGMs.

Platinum Group Metals Ltd., an up-and-coming player in the PGM space, is well positioned to capitalize on this trend. The company is engaged in the development of the Waterberg Project in South Africa. This project is strategically aligned with the growing demand for platinum and other PGMs, as it aims to produce large quantities of these crucial metals.

The shift toward hybrid vehicles is not only transforming the automotive industry but also creating significant opportunities in the precious metals market. By expanding its production capabilities and capitalizing on the growing market, Platinum Group Metals Ltd. is looking to benefit from the increase in PGM demand, potentially driving substantial growth and success in the evolving landscape of sustainable transportation.

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

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

Octane’s MedTech Innovation Forum (‘OMIF’) Presents Latest Innovations in Medical Technology

Octane’s MedTech Innovation Forum in Irvine, CA. The event will be held from October 8, 2024, through October 9, 2024. The event floor will be graced by eminent dignitaries presenting insights into how technologies such as artificial intelligence and other innovations can shape the future of healthcare.

Why Attend?

  • Understand the groundbreaking shifts brought about by using innovative technologies in medicine and healthcare
  • Learn the leaps and advances made in mental health and neuroscience
  • Find out about space-based pharma manufacturing
  • Discover innovations in regenerative medicine
  • See how AI could shape the future of diagnostics and patient care

Josh Makower, M.D, Professor of Medicine & Bioengineering, Director & Cofounder of Stanford Byers Center for Biodesign at Stanford University School of Medicine, Founder & Exec Chairman of ExploraMed, will preside over the MedTech Innovation Forum as a keynote speaker.

The forum brings together industry pioneers, medical professionals, thought leaders, entrepreneurs, and new learners for two days of education, networking, discoveries, and collaboration. Participants can attend the keynote speaker sessions, and discussion panels, and learn about the latest advancements and Medtech innovations.

Companies will pitch their brands and services to a crowd of distinguished leaders, investors and healthcare professionals during the Octane Capital and Growth company presentations. They will have the opportunity to engage in one-on-one meetings with investors for a deeper understanding of their work, goals and vision. Investors, in turn, can gain valuable insights into the latest innovations and the future of new technologies. OMIF offers a robust networking forum where professionals can connect with peers and industry leaders to build lasting relationships. Gain insights into how innovation is accelerating the future of medicine, improving patient outcomes, and tackling healthcare’s biggest challenges. Be part of this transformative event and discover how AI and other groundbreaking technologies are setting new standards in medical excellence, driving progress and shaping the future of healthcare.

To learn more, please visit https://ibn.fm/F1y4X.

Emperor Metals Inc. (CSE: AUOZ) (OTCQB: EMAUF) (FSE: 9NH) Has More Going For It Than Unprecedented Gold Prices

  • Gold prices have surged to record highs, providing a favorable market for gold exploration companies.
  • Bullion rose to $2,634.90 an ounce and spot gold was at $2,666.99 an ounce on September 25.
  • Emperor Metals’ flagship Duquesne West Gold Project is believed to host a historical estimated mineral resource of 727,000 ounces of gold, at a high grade of 5.42 g/t and a robust average thickness of 5.7 meters.
  • The company’s current drill program is focusing on the open-pit concept revealed during last year’s program, with the open-pit model indicating gold potential on top of the existing high-grade underground gold resource, enabling multiple production scenarios.

Gold prices have continued to hit all-time highs through September, with the spot price reaching $2,666.99 an oz on Sept. 24, 2024.

Global conflicts, financial uncertainty, central bank buying, and the Federal Reserve lowering interest rates are driving investors and governments to the safe haven asset.

A primary driver, China’s central bank began aggressively buying gold in Q3 of 2022 and has accumulated 316 tonnes in the last three years (https://ibn.fm/ybFot). Additionally, in 2022 the country imported $67bn USD of gold while only exporting $5bn USD (https://ibn.fm/zdZdm). 2023 numbers have not been officially released but it is expected that China’s gold buying has increased and is helping drive the gold price.

Countries around the world are securing the hard asset in an effort to gain independence from the U.S. dollar. Western countries realize there is a growing demand to secure gold production in friendly regions around the world.

Canada has a long history of prolific gold production. One region known as the Abitibi Greenstone Belt in the province of Ontario and Quebec has produced over 200 million ounces of gold.

Emperor Metals (CSE: AUOZ) (OTCQB: EMAUF) (FSE: 9NH) is in an especially strong position to benefit from increasing investor interest in the precious metal, given its noteworthy unusually high grade and thickness historical resource in one of the most prolific and productive gold mining camps in the world.

Emperor Metals is an advanced stage gold exploration company focused on proving and developing the substantial resource potential of its flagship Duquesne West Gold Project located in the Tier 1 district of the Southern Abitibi Greenstone belt of Rouyn-Noranda, Quebec.

The property is in the heart of a district surrounded by 15 gold producing mines, the Duquesne West Gold Project is believed to host a historic mineral resource of 727,000 ounces of gold, at a high grade of 5.42 grams of gold per ton on average and a robust average thickness of 5.7 meters. Emperor Metals has leveraged artificial intelligence and machine learning to create a reinterpretation of the existing geological model and highlight the opportunity for additional discovery of ounces by revealing previously unknown gold trends.

According to recent milestones highlighted by the company, Emperor Metals is pushing the project into the advanced exploration stage. This includes the development of an updated mineral resource estimate and an increased focus on proving the size and grade of the deposit. “Our resource was based on a 3.0-gram cutoff grade in a 2.5-meter thickness, and it was also based on $960 gold back when that historical report was done in 2011. What is really exciting is that, since 2011, gold is up 150%,” Head of Corporate Development and Director Alex Horsley said during a recent episode of IBN’s The MiningNewsWire Podcast (https://ibn.fm/Ziylw).

In the updated mineral resource estimate, expected to be released in Q1 2025, the company aims to expand the 727,000 oz mineral reserve and significantly lower the cutoff grades. This adjustment is due to the current gold price and the new open pit concept, which allows miners to profitably excavate sub-gram material.

The 2023 drilling campaign at Duquesne West achieved high-grade intercepts and identified a conceptual open-pit model, which indicates gold potential on top of the existing high-grade underground gold resource, granting Emperor Metals the opportunity for multiple production scenarios. The company is now working to enhance the open pit model through a Phase II drilling program, which began in May 2024, consisting of 8,000 meters drilling/assaying and 8,000 meters of historical core assaying.

The company spent the summer of 2024 drilling its Duquesne West Gold Property and is reconfirming its commitment to expanding its resource base and enhancing shareholder value.

Drill results have been sent to the assay lab, and are expected to be released throughout the fall, helping indent the potential expansion of the mineral reserve estimate.

Showcasing its strategic vision and operational capabilities, Emperor Metals is well-positioned to advance its exploration projects, attract further investment, and position itself as a key player in the gold exploration space as demand and prices on the market continue their upward trend.

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

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

D-Wave Quantum Inc. (NYSE: QBTS), Staque Join Forces to Advance Annealing Quantum Computing Adoption in the Middle East

  • The strategic partnership between D-Wave and Staque aims to accelerate the commercial adoption of annealing quantum computing solutions in the region.
  • The two companies will leverage D-Wave’s quantum computers and hybrid solvers to help customers develop and deploy quantum and hybrid quantum applications to address enterprise optimization and AI problems.
  • The partnership was revealed at the first-ever Qubits UAE event in Dubai, which was organized jointly by D-Wave, Staque, and Staque’s regional partner, SquareOne.

D-Wave Quantum (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the first commercial provider of quantum computers, announced a new strategic partnership with Staque, a leading consulting and development practice focused on AI, blockchain and quantum computing, designed to step up the commercial adoption of annealing quantum computing across the Middle East (https://ibn.fm/TNAND).

The partnership was unveiled at the first-ever Qubits UAE event, which D-Wave organized in collaboration with Staque and Staque’s partner in the region, SquareOne, a leading provider of business transformation technologies in the Middle East and Africa. Held in Dubai on September 20, 2024, Qubits UAE featured specially curated content from D-Wave’s annual Qubits user conference, which took place in Boston on June 17-18 this year. The event showcased “success powered by quantum” through business optimization use cases, progress in quantum-fueled AI technology, and demonstrations of annealing quantum computing performance over classical computing.

D-Wave and Staque plan to work together to help customers develop and deploy quantum and hybrid quantum applications designed to address enterprise optimization and AI problems. This will be achieved by leveraging D-Wave’s quantum computers and hybrid solvers, accessible through D-Wave’s Leap(TM) quantum cloud service. The companies will be able to explore quantum applications that address complex challenges facing today’s organizations including supply chain management, utility grid optimization, portfolio optimization and port optimization. The strategic partnership comes as countries in the Middle East are increasingly focused on diversifying their economies, expanding into areas such as logistics, financial services and advanced technology, according to the International Monetary Fund.

“By partnering with D-Wave, the world’s first commercial quantum computing company, we’re able to bring incredible computational processing power to bear for our clients, with the intention of helping them take advantage of advanced technology solutions that can drive their businesses forward,” said Dr. Muhammad Khan, CEO and founder of Staque.

“We believe organizations must embrace today’s advanced technologies such as quantum computing and AI in order to succeed in today’s highly competitive and complex environment,” said Lorenzo Martinelli, chief revenue officer at D-Wave. “Staque recognizes the transformative impact that annealing quantum computing could have on its customers, and our shared commitment to redefining what’s possible with technology makes this partnership very exciting.”

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

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

Forward Looking Statements

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

Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Strengthening Position in North American Mineral Exploration Space

  • North America’s inefficiency to attain necessary critical minerals “puts us in danger,” states a recent article from the National Review
  • Establishing a strong domestic mineral and metal production base is essential for fostering economic growth, creating jobs and ensuring energy security
  • Fathom Nickel is leveraging advanced exploration techniques and a commitment to sustainable practices to uncover new nickel deposits

In recent years, the importance of domestic mineral and metal production in North America has become increasingly evident. With the growing demand for renewable energy technologies and advanced manufacturing, ensuring a secure and reliable supply of essential minerals and metals has become a top priority. Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) is focused on exploring high-grade nickel sulfide discoveries and is working to establish a foothold in the domestic mining exploration space.

“America’s inability to extract even basic levels of necessary minerals and metals from its massive endowment is not just laughable; it puts us in danger,” states a recent article from the National Review (https://ibn.fm/o1Fsc). “America’s blessings of enormous energy supplies and a wealth of mineral ores and metals have made possible our economic stability and national defense. Now that global ‘resource wars’ threaten U.S. mineral-import needs, policy-makers are slowly beginning to realize that mineral security means national security. That is why delaying — by 20 years, in some cases, or even longer — or purposefully disrupting the environmentally friendly production of U.S. critical minerals using modern technology is a clear and present danger to our country.”

The reliance on foreign sources for critical minerals poses significant risks. Geopolitical tensions and trade disputes can disrupt supply chains, leading to shortages that can impact industries ranging from technology to defense. The National Review article points out that the United States imports approximately 80% of its critical minerals, making it vulnerable to external factors that could jeopardize access to these vital resources. The situation is similar in Canada, where reliance on foreign minerals can create challenges in achieving energy independence and economic resilience.

Establishing a strong domestic mineral and metal production base is essential for fostering economic growth, creating jobs and ensuring energy security. By investing in local mining operations, both countries can reduce their dependence on imports, stabilize prices and protect their economies from external shocks. Furthermore, a robust domestic supply chain contributes to innovation in various sectors, supporting the development of new technologies and sustainable practices.

As the world transitions to a low-carbon economy, energy metals such as lithium, nickel and cobalt have become increasingly important. These metals are critical for manufacturing batteries used in vehicles and renewable energy systems. The demand for critical minerals is projected to skyrocket in the coming years, making domestic production even more crucial.

In this context, companies such as Fathom Nickel are stepping up to meet the challenge of exploring and producing energy metals in North America. Fathom Nickel, focused on nickel exploration in Canada, is positioning itself to play a significant role in supplying these essential resources.

Fathom Nickel is leveraging advanced exploration techniques and a commitment to sustainable practices to uncover new nickel deposits. The company’s exploration projects, primarily located in the Thompson Nickel Belt in Manitoba, are designed not only to meet current demand but also to anticipate future needs in the growing green-technology market.

As environmental concerns continue to shape public policy as well as investor expectations, mining companies must prioritize sustainable practices. Fathom Nickel’s focus on sustainable exploration aligns with the broader goal of responsible resource management. The company is committed to minimizing its environmental footprint through responsible exploration techniques and community engagement, ensuring that local ecosystems are preserved and that the benefits of mining are shared with nearby communities.

Fathom is an exploration company that is targeting magmatic nickel-sulphide discoveries to support the rapidly growing global markets and to secure the supply of North American critical minerals. The company now has a portfolio of three high-quality exploration projects located in the prolific Trans Hudson Corridor in Saskatchewan: 1) the Albert Lake Project, a 90,000-plus hectare project that was host to the historic and past-producing Rottenstone Mine; 2) the 22,000-plus hectare nickel-copper-cobalt-producing (“Ni-Cu-Co”) Gochager Lake Project that is host to a historic, NI43-101 noncompliant open pit resource; and 3) the 10,000-plus hectare Friesen Lake Project located 40 kilometers southwest of the historic Rottenstone Mine and 30 kilometers northwest of the historic Gochager Lake deposit.

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

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

Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) Focused on Optimizing Natural-Gas Production in Europe, Türkiye

  • Current challenges, including geopolitical tensions, are driving European nations to boost local production of natural gas.
  • Producing natural gas in Europe and Türkiye involves several challenges.
  • Amid these challenges, Trillion Energy International is stepping up to enhance natural gas production capabilities in the region.

Natural-gas production in Europe and Türkiye plays a pivotal role in the region’s energy landscape, impacting economic stability and energy security. As European countries seek to transition away from fossil fuels while balancing energy demands, the natural-gas sector remains crucial. Trillion Energy International (CSE: TCF) (OTCQB: TRLEF), a Canadian oil-and-gas exploration and production company, is dedicated to becoming a key player in this space.

Last year, European countries produced approximately 191 billion cubic meters (“bcm”) of natural gas (https://ibn.fm/E8vvY), with Norway being the largest producer in the region by far. Despite this production, Europe has historically relied heavily on imports to meet its natural-gas needs. Current geopolitical tensions, particularly the ongoing conflict involving Russia, have complicated this reliance on external sources, driving European nations to seek alternatives and boost local production.

Producing natural gas in Europe and Türkiye involves several challenges. Environmental regulations are tightening, necessitating cleaner production methods and a reduction in methane emissions. This transition can be costly and requires significant investment in new technologies and infrastructure. Additionally, geopolitical uncertainties, particularly in Eastern Europe, create risks around supply stability and access to critical resources.

Market volatility also poses a significant hurdle. Fluctuating prices can impact the profitability of natural-gas projects, making investment decisions more complicated. Furthermore, the ongoing shift toward renewable energy sources adds competitive pressure to the natural-gas sector, forcing producers to innovate and adapt their strategies to remain viable.

Another challenge lies in the aging infrastructure within Europe. Many existing pipelines and facilities require upgrades or replacement to ensure efficient and safe operations. This necessity for modernization comes at a time when funding for fossil-fuel projects faces increasing scrutiny from both investors and regulatory bodies.

Amid these challenges, companies such as Trillion Energy International are stepping up to enhance natural-gas production capabilities in the region. Trillion Energy, focused on the Turkish and European market, aims to optimize natural-gas production while addressing environmental concerns. The company’s flagship project, the SASB gas field in the Black Sea, is a significant step forward in increasing Türkiye’s domestic natural-gas supply.

Trillion Energy has made considerable progress in developing the SASB gas field, where exploration has identified substantial reserves estimated at over 400 billion cubic feet of recoverable natural gas. The company is utilizing innovative technologies to ensure efficient extraction while minimizing environmental impact. By implementing advanced drilling techniques and adhering to stringent safety standards, Trillion Energy is positioned to contribute significantly to Türkiye’s energy independence.

Natural-gas production in Europe and Türkiye is at a critical juncture, facing numerous challenges from regulatory pressures, market volatility and aging infrastructure. However, companies such as Trillion Energy International are leading the charge in addressing these issues, demonstrating that with innovation and commitment to sustainability, it is possible to enhance natural gas production while contributing to energy security. As the energy landscape continues to evolve, the role of natural gas will remain significant, and the efforts of companies such as Trillion Energy will be pivotal in shaping a resilient and sustainable energy future.

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

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

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

Torr Metals Inc. (TSX.V: TMET): Leading the Charge in Mineral Exploration and Pioneering New Copper-Gold Discoveries

  • Early-stage mineral exploration presents a unique opportunity for shareholders to invest at a low entry point, with the potential for significant returns as discoveries lead to stock appreciation, strategic partnerships, or even acquisitions by larger mining companies.
  • Torr Metals’ strategic focus on exploration aims to unlock valuable resources, driving potential for major discoveries that could deliver significant long-term growth and value for shareholders through increased asset worth and potential acquisition interest. 
  • “Our primary focus is on discovering and developing new high-quality copper and gold deposits that have the potential to deliver significant economic returns,” states CEO

Mineral exploration plays a pivotal role in the global mining industry, driving advancements and securing resources that are essential for economic growth and technological progress. Torr Metals (TSX.V: TMET), a mineral exploration company, is working to make its mark in the mineral exploration space as it focuses on the advancement of three organically grown and 100% owned district-scale copper and gold projects in prolific mining regions of British Columbia and Ontario, Canada.

Early-stage mineral exploration offers some of the best opportunities for investor wealth creation due to the high-risk, high-reward nature of discovering valuable mineral deposits. The process begins with identifying potential resource-rich areas through geological surveys, geophysics and surface sampling, followed by targeted drilling to confirm the size and grade of a potential deposit. Positive exploration results can rapidly increase a company’s valuation, allowing early investors to capitalize on significant upside potential before large-scale development or acquisition by major players takes place, all while helping drive innovation and economic growth in key industries.

The value of mineral exploration extends beyond the immediate benefits of resource extraction. It includes the creation of high-quality jobs, technological advancements and significant investments in infrastructure. By discovering new mineral deposits, exploration companies help ensure a stable supply of essential metals and minerals, which are crucial for manufacturing, energy production and infrastructure development. Additionally, the exploration sector often pioneers new technologies and methodologies that can be applied across various industries, enhancing overall economic efficiency.

Torr Metals is making significant new waves in the copper and gold exploration sector by strategically advancing its early-stage district-scale projects from the ground up. The company has successfully identified high-potential underexplored districts in prolific Canadian jurisdictions, starting from initial exploration stages with geophysical and surface geochemical surveys in 2023 to produce four copper porphyry and six orogenic gold drill-ready exploration targets in under one year of fieldwork. This early-stage approach has allowed Torr to maximize value creation for shareholders while also demonstrating a clear potential for major new discoveries. With its 100% ownership of promising highway-accessible copper-gold assets, Torr is well-positioned to capitalize on rising commodity prices and interest from major miners in the region.

“Our primary focus is on discovering and developing new high-quality mineral deposits that have the potential to deliver significant economic returns,” said Torr Metals CEO Malcolm Dorsey in a recent episode of the MiningNewsWire Podcast. “We are committed to leveraging the latest technologies and exploration techniques to identify opportunities that align with our growth strategy.”

Dorsey’s statement underscores Torr Metals’ dedication to employing innovative methods and technologies in the company’s exploration efforts, which currently include its flagship projects, the Kolos Copper-Gold Project, Latham Copper-Gold Project and the Filion Gold Project, all located in key mineral-rich regions of BC and Canada.

“We are currently in the phase of detailed exploration at our key projects,” Dorsey noted during the podcast. “Our goal is to increase the confidence in our new discovery potential and move towards more advanced stages of development.” This approach is indicative of Torr Metals’ commitment to thorough exploration and assessment, which is critical for transitioning projects from the grassroots exploration phase to maiden drill programs.

The company is also proactive in engaging with stakeholders and ensuring that its exploration activities adhere to environmental and regulatory standards. Dorsey emphasized this during the podcast interview. “Responsible exploration is at the core of what we do,” he stated. “We prioritize environmental stewardship and community engagement in all our activities to ensure that we contribute positively to the areas where we operate.”

Torr Metals exemplifies a mining-exploration company that is doing it right. The company understands the value of strategic exploration efforts, demonstrates a commitment to discovering valuable new mineral deposits and adheres to responsible practices. As the company continues to advance its projects and refine its exploration strategies, it underscores the critical role that exploration plays in securing the resources needed for future growth and innovation.

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

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

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SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Clears Regulatory Hurdle for 7.2 MW Hoadley Hill Solar Project in New York

July 11, 2025

Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable and clean energy projects, specializing in distributed and community solar initiatives throughout Canada and the U.S., has announced that it has successfully completed the Coordinated Electric System Interconnection Review (“CESIR”) for its 7.2-megawatt Hoadley […]

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