• International Energy Agency (“IEA”) forecasts record oil production in Canada, global demand and prices expected to rise as Russia and Saudi Arabia cut production
• Prospera Energy operates 42,000+ cumulative acres, estimates approximately 8% of over half a billion available barrels was recovered using traditional vertical well technology
• The company completed Phase 1 of restructuring plan, production expanded from 80 to 1,200 BOE and NPV increased from $3 million to $72 million
• Phase 2 focuses on horizontal well transformation, piloting an enhanced oil recovery application, executing liability management objectives, and furthering ESG initiatives
• The company recently completed four horizontal wells of ten-well multi-pad infill drill program, to start next set of four horizontal wells by end of September

Canada is expected to hit an all-time high for oil production this year, according to the International Energy Agency (“IEA”) (https://ibn.fm/8UhdV). The agency forecasts that demand will rise by 1.9 million barrels per day (mb/d) to a record 101.7 mb/d as China lifts COVID restrictions. Accordingly, prices are set to hit $100 a barrel amid production cuts by Saudi Arabia and Russia to create a “substantial market deficit”, according to the agency (https://ibn.fm/3bCnu).

Prospera Energy (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B), a Canada-based public oil and gas exploration, exploitation, and development company, is rapidly transforming into a sustainable energy producer with a focus on efficient hydrocarbon development, recovery, and production practices. The company operates more than 42,000 cumulative acres across several core properties in Western Canada, including Cuthbert, Luseland, and Heart Hills in Saskatchewan: and Red Earth and Pouce Coupe in Alberta. According to management estimates, approximately 8% of over half a billion barrels was recovered using traditional vertical well technology. 

Prospera aims to tap into the remaining reserves over the next two decades through a 3-phase strategy aimed at boosting production capacity, lowering costs, and reducing liabilities.

Phase 2 currently focuses on horizontal well transformation, piloting an enhanced oil recovery (“EOR”) application, executing liability management goals, and furthering ESG initiatives. The company recently completed the drilling of four horizontal wells of a ten-well multi-pad infill drill program with favorable results and is set to commence the next set of four horizontal wells by the end of September (https://ibn.fm/HiOYJ).

The company intends to accelerate production and recovery to capture the significant remaining heavy oil reserves, estimated at 400 million barrels. Management forecasts that medium-light oil development from six to eight directional wells potentially adds a gross 600 bpd to diversify Prospera’s product mix and improve margins. This infill program aims to improve recovery and optimize costs

Based in Calgary, Alberta, Prospera is led by President and CEO Samuel David, who leads the company with 32 years of development and management experience in the oil and gas sectors. Completing the team is a diverse group of industry professionals with successful track records of reorganizing businesses, structuring financing agreements, and strategically optimizing companies for growth.

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

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

• LG’s South Korean mobile network operator LG U+ collaborated with KAIST (Korea Advanced Institute of Science and Technology) and Korea’s Qunova Computing to advance 6G satellite networks using the power of D-Wave’s quantum computing solutions
• D-Wave’s annealing quantum computer has helped the companies successfully develop seamless connectivity of ground-to-satellite links and inter-satellite links
• D-Wave is the world’s first commercial supplier of quantum computers and is helping customers apply practical quantum computing solutions to solve highly complex computational problems today

D-Wave Quantum (NYSE: QBTS) recently announced that LG U+, under the leadership of CEO Hyeon Sik Hwang, worked with the Korea Advanced Institute of Science and Technology (“KAIST”) and Qunova Computing to advance the development of a groundbreaking 6G low-earth orbit (“LEO”) satellite network. The network facilitates seamless connectivity of satellite-to-ground links (“SGLs”) and inter-satellite links (“ISLs”) that employ the power of D-Wave’s quantum computing system, successfully optimizing the intricate network.

The 6G LEO satellite network represents an innovative communication network that leverages ground stations and orbiting satellites within altitudes ranging from 500 to 10,000 km. SGLs and ISLs require a robust connection in order to achieve the highest level of communication efficiency. Through industry-academic collaboration, LG U+ focused on optimizing end-to-end connections within satellite networks, where having high computational power is imperative.

To establish a competitive edge in satellite network technology, LG U+ embarked on satellite network optimization research in collaboration with a team of KAIST and Qunova Computing led by Professor June-Koo Kevin Rhee, employing D-Wave’s annealing quantum system, yielding strong satellite-to-satellite connection optimization.

“As a part of our ongoing research to harness quantum computing in network technologies, we have successfully optimized end-to-end connections, a pivotal component of 6G satellite communication technology,” said Sangheon Lee, Leader of the Advanced NW Technology Research Unit at LG U+ (https://ibn.fm/aYri1). “Our commitment to advancing research in both 6G and quantum communication will further strengthen our network’s competitive edge.”

Kevin Rhee of KAIST and Qunova Computing said that D-Wave’s annealing quantum computer is the only quantum computing technology existing today that can demonstrate practical quantum advantage, offering a quantum computing solution well suited for optimization calculations.

D-Wave, a leader in quantum computing systems, software, and services, is the world’s first commercial supplier of quantum computers. Its technology is used by some of the world’s most advanced enterprises, including more than two dozen Forbes Global 2000 companies. D-Wave’s commercial customers include blue-chip industry leaders like Mastercard, Deloitte, ArcelorMittal, Siemens Healthineers, Unisys, BBVA, NEC Corporation, Pattison Food Group Ltd., DENSO, and Lockheed Martin. The company showcases how its quantum technology works in real-time through its customer success stories – featuring real-world quantum applications at business scale (https://ibn.fm/87H9Q).

In addition to the value it brings its customers, D-Wave owns one of the largest quantum computer intellectual property portfolios in the industry. Its IP includes more than 210 issued U.S. patents and more than 100 peer-reviewed papers in leading scientific journals. D-Wave is working to enable enterprises, governments, developers, and researchers to access the power of quantum computing, which provides an intriguing opportunity for prospective investors.

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. Forward-looking statements in this press release include, but are not limited to, statements regarding whether advancing research in 6G and quantum communication will strengthen LG U+’s competitive edge. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the results of LG U+’s research in the relevant areas; general economic conditions and other risks; our ability to expand our customer base and the customer adoption of our solutions; risks within D-Wave’s industry, including anticipated trends, growth rates, and challenges for companies engaged in the business of quantum computing and the markets in which they operate; the outcome of any legal proceedings that may be instituted against us; risks related to the performance of our business and the timing of expected business or financial milestones; unanticipated technological or project development challenges, including with respect to the cost and/or timing thereof; the performance of our products; the effects of competition on our business; the risk that we will need to raise additional capital to execute our business plan, which may not be available on acceptable terms or at all; the risk that we may never achieve or sustain profitability; the risk that we are unable to secure or protect our intellectual property; volatility in the price of our securities; the risk that our securities will not maintain the listing on the NYSE; and the numerous other factors set forth in D-Wave’s Annual Report on Form 10-K for its fiscal year ended December 31, 2022 and other filings with the Securities and Exchange Commission. 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.

• GEMXX Corp., producer and distributor of gold and gems, draws on its own mining assets to manufacture its colorful jewelry, unique in the jewelry industry, and is the leading producer of top-quality finished Ammolite products.
• GEMXX just completed its second clean-out and recording of gold production at its Snow Creek Mine site, yielding 172.3 ounces of gold from 18,000 cubic yards of material, resulting in 0.96 ounces per 100 cubic yards.
• 2023 gold production is a huge milestone for the company, as it looks to de-risk its revenues and complement its Ammolite production, and the company is on track to exceed its estimated gold production for the 2023 mining season

GEMXX (OTC: GEMZ), a publicly traded company specializing in producing and distributing gemstones and jewelry globally, is on track to exceed its estimated production for the 2023 mining season. This follows the recent successful completion of its second clean-out and recording of gold production at its Snow Creek Mine site, which yielded 172.3 ounces of gold from 18,000 cubic yards of material, resulting in 0.96 ounces per 100 cubic yards (https://ibn.fm/o5xVm).

This was the product of its ongoing collaboration with Crazy Horse Mining, Inc. (“CHMI”), in which GEMXX completed the acquisition of a 50% interest back in March 2023. The objective for the acquisition was to grow GEMXX’s long-term asset expansion plan, coupled with its goal to de-risk revenues, which the results achieved so far bring the company closer to achieving.

“Gold production from the Snow Creek mine helps to de-risk revenues, but most importantly, it complements our Ammolite production with the world’s most sought-after commodity,” noted Jay Maull, GEMXX’s CEO.

This further complements the company’s goal of expanding its gemstone and jewelry production by 300% year-over-year in response to growing demand. Already, the company, through its shopping channel division, is preparing to supply $5.5 million worth of Ammolite gemstones and jewelry over the next 12 months, an ambitious goal that its management is optimistic will be achieved (https://ibn.fm/UptJu). By producing its own gold, GEMXX looks to significantly reduce the cost of goods for its entire production line while bolstering the Ammolite segment.

This milestone demonstrates GEMXX’s commitment to creating shareholder value and its unique market positioning, specifically in the Ammolite gemstone mine-to-market segment. As the year progresses, the company looks to ramp up processing to 1,000 cubic yards of gold-bearing ore daily, ultimately enhancing its profitability and stamping its position as a market leader.

Those interested in participating through Reg A financing are encouraged to visit the company’s investor page (https://ibn.fm/oZND6) or contact company officials for more information (ir@gemxx.com – 702-930-1815).

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

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

• GolfLync makes it possible for golfers to make connections in any season through a social media platform created by golfers for golfers
• GolfLync’s VCGs allow members to easily find local golf communities and public golf clubs in their area
• As a revolutionary golf social media platform – GolfLync brings together the golfing community to foster relationships and build a greater sense of community

As the leaves fall and the seasons shift from warm to cool – new opportunities for comfortable golfing open up around the country. And golfing partners can change along with the seasons. If you enjoy a tee time with a cup of hot cider or a cold brew, the fall season is perfect in many locations for those looking to meet up for a few rounds on the course before the snow falls. These connections are now possible with GolfLync’s innovative Virtual Golf Clubs(TM) (“VCGs”), allowing members to easily find local golf communities and public golf clubs in their area.

GolfLync is an innovative social media networking platform designed exclusively for golf enthusiasts. The app provides engagement tools that offer golfing preferences, comments, chats, video sharing, friends, group notifications, and tee-time matching. The addition of GolfLync’s VCGs is bringing the sport of golf to the next level for camaraderie and social connections.

Exclusive to the golfing community, the GolfLync platform represents a holistic approach to social golfing, setting it apart from traditional social media applications. VCGs ensure that members find the perfect match for golf outings, whether they seek casual rounds, competitive matches, or just new like-minded golfing buddies. This innovative platform lets golfers connect based on locations, interests, proficiency, and preferred playing styles.

The founders of GolfLync realized early on that there was a need for a richer golf-centered social media application – something that was lacking in the golfing community. They pioneered the GolfLync app and incorporated VCGs, allowing members to post pictures, videos, scorecards, multiple tee times, and more. Members can coordinate tee times and make a quick but detailed plan for golf outings – all through the GolfLync immersive app experience.

GolfLync continues to revolutionize the social golfing experience with the company’s dedication to innovation and user satisfaction. Even as the weather turns colder, members have the opportunity to continue fostering connections and making plans for changing weather and golfing conditions. With the launch of VCGs, GolfLync has already solidified its position as a pioneering social media platform exclusively designed for the diverse needs of golfers.

According to Statista, the number of people participating in golf in the United States reached 25.6 million in 2022, with 15.5 million additional players participating in off-course activities like driving ranges. Although traditionally dominated by male players, female players’ increased interest in the sport is driven by social media influencers. Lumen Sports estimates 16,700 total golf courses in the United States – with 75% of them being public courses open to all golfers.

GolfLync has the ability to bring together millions of people who are looking to connect over a common goal – a great golf experience. The platform is available on both Android and iPhone app marketplaces for download by anyone looking to formulate connections that foster a love of golf.

You can download the GolfLync app using the following links:

• Android: GolfLync – Apps on Google Play
• iPhone: ‎GolfLync

For more information about GolfLync, visit GolfLync, download the app, and connect with community on Facebook, X and LinkedIn.

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

• Generic drug manufacturer and distributor SOHM has completed the LOI process to acquire stem cell gene-editing technology ABBIE from CGA Intellectual Holdings Inc.
• The company expects the technology to provide it with commercialization revenues as it builds a solution for gene-enhanced stem cells that can be used to treat a number of diseased organs, beginning with heart ailments
• The edited-gene cells are expected to be used for in-human clinical trials by 2025, using a non-viral vector for inserting the genes into patients’ bodies
• SOHM believes the technology will provide it with a competitive advantage in a market expected to grow from current annual revenues of $5.3 billion to $10.8 billion by 2028

Global generic drug innovator SOHM (OTC: SHMN) is celebrating the fulfillment of its letter-of-intent to acquire a disruptive stem cell technology and patents from CGA Intellectual Holdings Inc., which will allow the company to create regenerative medicine and cosmeceutical products for commercialization during the next year.

SOHM’s acquisition of ABBIE (A Binding Based Integrating Enzyme) grants it the ability to edit genes of a large number of cell types at different stages in their life cycles, overcoming the limitations of current cell editing and cell engineering technologies, according to the company.

“ABBIE is a platform tool that delivers genes of interest for clinical trials. Compared to other gene-editing technologies, ABBIE has achieved the same level of progress with much less R&D spending,” COO David Aguilar, PhD, stated in the company’s announcement (https://ibn.fm/PHlEM). “Our strategic partnerships and capital management have enabled us to streamline development and expedite our commercialization.”

Analysts at Markets And Markets report the gene-editing market is expected to grow to $10.8 billion in annual revenues by 2028 — a 15 percent CAGR from current estimates of $5.3 billion. ABBIE’s acquisition positions SOHM to be competitive in the market.

SOHM intends to use ABBIE to edit the genes of stem cells that are recognized as the body’s foundational building blocks with the ability to change themselves into various function-specific genes. The edited genes would then be inserted into patients’ bodies using non-viral vectors to treat damaged organs in conditions such as ischemic heart disease or heart failure.

The technology is undergoing further development to “optimize expression and purification of its protein-based platform,” according to the news release, but SOHM expects to be able generating revenues immediately through licensing and gene-editing kits that are expected to be available in the third or fourth quarter of next year.

SOHM then expects to see ABBIE used for in-human trial by Q4 of 2025.

The company is already scheduled to deliver presentations on ABBIE at scientific conferences including the American Association of Cancer Research’s gathering in San Diego next April, and at SynbioBeta 2024 in San Jose in May.

“ABBIE will soon become a reality and make a difference in the lives of millions of people who suffer from heart disease,” Aguilar stated (https://ibn.fm/nvxmD).

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

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

• Diamond Lake Minerals’ shares offer investors a traditional vehicle to gain exposure to the opportunity presented by regulated digital securities
• The company’s core objectives include generating substantial revenue streams, maintaining lean operations, ensuring profits and creating significant shareholder value
• As of August 2023, outstanding shares of the company numbered slightly more than 23.5 million
• The company has identified a roadmap of target acquisitions to fuel the growth and profitability of its business model

Diamond Lake Minerals (OTC: DLMI) is a multi-strategy operating company offering traditional investors an entry point to the future of digital securities. The company’s goal, through its established M&A roadmap, is to responsibly innovate and develop promising businesses that are likely to benefit from the ongoing shift toward digital assets. Through this approach, Diamond Lake Minerals provides traditional investors an opportunity to gain exposure to the emergence of regulated digital securities through a more familiar investment vehicle – the purchase of stock.

Founded in 1954 and headquartered in Salt Lake City, Diamond Lake Minerals is positioning itself as a leader in the digital asset and security token space. The company’s mission is to bring back to the public markets timeless business principles focused on healthy, sustainable growth and strong earnings with a goal of creating value for stakeholders in the modern digital world.

Diamond Lake Minerals believes the future of financial markets is set to be revolutionized by tokenization. Tokenization refers to the use of digital assets that can be traded via protocols with instantaneous settlement and reduced fees, eliminating the need for traditional clearing or settlement processes. Beyond efficiency, the emerging landscape emphasizes transparency, liquidity and security in asset management and investment.

With the backing of Esposito Intellectual Enterprises and its 20+ years of experience, Diamond Lake Minerals has access to the expertise of 110+ companies and 200+ joint ventures, along with knowledge spanning 25+ industries. The company is creating a vertically integrated ecosystem that encompasses various high-growth sectors. This integration aims to maximize operational efficiencies and profitability across all business units.

Products & Services Portfolio

Diamond Lake Minerals, guided by its strategic partnerships and future roadmap, envisions a diverse portfolio across multiple industries, as shown in the overview below. The company is poised to redefine the conglomerate model for the 21st century, with a focus on vertical integration, digital securities and sustainable growth.

Its target market segments include:

• Fashion: DLMI seeks stakes in brands blending timeless aesthetics with tech influences.
• Beauty: DLMI eyes partnerships with innovators elevating beauty through sustainable practices.
• Real Estate: DLMI aims for interests in ventures modernizing property transactions via blockchain.
• Hospitality: DLMI’s vision includes associations with enterprises enhancing guest experiences via tech integration.
• Liquor: DLMI aspires to collaborate with unique distillers merging tradition and innovation.
• IoT: DLMI intends to invest in solutions seamlessly connecting the digital and physical worlds.
• Wireless: DLMI envisions stakes in wireless tech optimizing global communication.
• Technology: DLMI plans to back pioneers driving the next tech revolution.
• Maritime: DLMI seeks partnerships in maritime solutions emphasizing green initiatives.
• Aviation: DLMI’s strategy includes holdings in aviation innovators focusing on efficiency.
• Aerospace: DLMI aims to support ventures pushing boundaries in space exploration.
• Education: DLMI collaborates with platforms revolutionizing learning through tech.
• Charity: DLMI eyes alliances with charitable entities leveraging transparency via blockchain.
• Healthcare: DLMI foresees investments in healthcare tech personalizing patient care.
• TV: DLMI intends stakes in TV platforms innovating content delivery.
• Film: DLMI aspires to support filmmakers merging storytelling with immersive tech.
• Music: DLMI plans interests in music ventures amplifying artists through digital platforms.
• Entertainment: DLMI targets stakes in platforms redefining entertainment paradigms.
• IP: DLMI envisions collaborations safeguarding intellectual properties via tech solutions.
• Data Management: DLMI seeks ventures optimizing data utilization and insights.
• Data Storage: DLMI’s roadmap includes alliances with secure data storage solutions.
• Streaming: DLMI intends to back streaming platforms prioritizing user experience.
• Real World Assets: DLMI eyes investments translating tangible assets into digital value.
• Gold & Silver: DLMI aims for stakes in platforms digitizing precious metal trading.
• Sports: DLMI envisions collaborations enhancing sports experiences via tech integration.
• Sports Technology: DLMI seeks ventures revolutionizing athlete performance and fan engagement.
• Water: DLMI plans to back solutions ensuring water sustainability and accessibility.
• Water Treatment: DLMI targets investments in eco-friendly water purification technologies.
• Animation: DLMI eyes stakes in animation houses blending art with cutting-edge tech.
• Studio Production: DLMI’s vision includes support for studios transforming content creation.
• Consumer Products: DLMI seeks partnerships with brands prioritizing consumer-centric innovations.
• Collectables: DLMI envisions collaborations with platforms digitizing unique collectibles.
• Digital Assets: DLMI aims to invest in ventures maximizing the potential of digital ownership.
• Web3: DLMI aspires to back pioneers ushering in the decentralized web era.
• Identity Management: DLMI eyes solutions prioritizing user identity security in the digital space.
• Media & Journalists: DLMI seeks alliances promoting unbiased reporting and content democratization.
• Metaverse: DLMI envisions stakes in ventures crafting immersive virtual universes.
• Space Economy: DLMI targets investments in ventures monetizing space exploration.
• Modular Homes: DLMI plans interests in solutions revolutionizing home construction.
• Financial Technology: DLMI seeks partnerships modernizing financial transactions.
• Gaming: DLMI aims to back game developers enhancing user immersion.
• Travel: DLMI eyes collaborations transforming travel experiences through tech.
• Health & Wellness: DLMI’s strategy includes investments in holistic health tech solutions.
• Augmented Reality: DLMI envisions stakes in AR platforms blurring reality and digital.
• AI: DLMI seeks to support AI innovations humanizing tech interactions.
• Esports: DLMI targets investments in platforms amplifying esports experiences.
• Construction: DLMI plans to back ventures modernizing construction practices.
• Virtual Reality: DLMI intends stakes in VR platforms offering alternate realities.
• Retail Tech: DLMI envisions collaborations digitizing retail experiences.
• Biotechnology: DLMI seeks ventures pushing boundaries in biotech innovations.

Market Opportunity

According to Diamond Lake Minerals’ business plan executive summary, the market for digital securities is projected to grow from $10 billion in 2022 to $1 trillion by 2028, a CAGR of 45% for the forecast period.

The global blockchain market value is expected to grow from an estimated $3 billion in 2020 to $39.7 billion by 2025, marking a CAGR of 67.3% for the period. Valued at $2.28 billion in 2021, the Security Token Offerings market is projected to grow at a CAGR of 19%. This growth is expected to be driven by the rising adoption of tokenization and the increasing prominence of STOs, especially in North America.

In addition, the global investment management market is projected to grow from a value of $100 trillion in 2020 to $178 trillion by 2025, recording a CAGR of 7.2% over the period.

Management Team

Brian J. Esposito is CEO of Diamond Lake Minerals. As founder and CEO of Esposito Intellectual Enterprises LLC, he brings over 20 years of diverse experience in sectors like manufacturing, technology, music and real estate, and is known for his global executive networking and balance sheet optimization skills.

Michael Reynolds is President and Director of Diamond Lake Minerals. With 35 years in private finance and M&A, he has been instrumental in growing companies like Herbalife through reverse acquisition, as well as elevating JB Oxford to $120 million in revenue. His expertise in operational management and business development ensures professional solutions for clients’ business interests.

Jon Karas is DLMI’s senior transaction and investment executive. As the CEO and co-founder of Akon Legacy Ventures, he structured, negotiated and closed numerous transactions focused on innovation and social impact in smart cities, blockchain, agriculture, mining and technology. He co-founded and led multiple companies in media and entertainment and was the driving force behind the development, financing and production of a broad range of film and television content.

Advisory Board

Anthony Scaramucci, Founder and Managing Partner of SkyBridge Capital and Chairman of SALT, brings to Diamond Lake Minerals unparalleled expertise in finance, technology and business strategy. He is expected to be instrumental in shaping DLMI’s strategic direction as the company continues to redefine the future of traditional and digital securities.

Larry Namer, Founder of E! Entertainment TV and President of Metan Global, boasts a remarkable career spanning more than half a century. He is an esteemed veteran of the entertainment industry, renowned for his influential contributions to cable television, live events, music and new media. He also leads LJN Media, a consulting firm known for its cross-industry expertise in technology, business and finance.

Andrew Fromm is a seasoned CEO and consultant with a focus on music publishing. He is known for his expertise in asset sales, songwriting and artist development. His extensive network extends beyond the music industry, showcasing his versatility and authority in the field.

Brandon Fugal is the Chairman of Colliers International in Utah and a former EY Entrepreneur of the Year. He has co-founded multiple ventures, including Coldwell Banker Commercial Advisors, Cypher, Axcend and Texas Growth Fund, and he is a recognized authority in real estate and entrepreneurship.

Michael Malik Sr. is a Detroit-based entrepreneur with a $750 million net worth, known for his pivotal role in legalizing gambling and developing major casino projects across the U.S., including Detroit’s MotorCity Casino and various Native American gaming ventures. He brings to Diamond Lake Minerals a wealth of experience and a proven track record in the gaming, sporting and entertainment industries spanning over five decades.

Raul Leal is an experienced CEO in the hospitality sector, known for his visionary leadership at SH Hotels & Resorts and former role at Virgin Hotels, where he secured over $500 million in funding and revolutionized guest experiences.

Agnes Budzyn, an accomplished entrepreneur and CEO of Bluedge Ventures, brings to the company a rich history in traditional finance and blockchain technology, serving on various global boards and committees. She has been recognized by the World Economic Forum and numerous institutions for her expertise and contributions to bridging legacy finance with emerging digital asset infrastructure.

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

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

• Lexaria, a global innovator in drug delivery platforms, recently announced that it had entered into a securities purchase agreement with a single health-focused institutional investor
• The agreement is for the purchase of 1,618,330 shares of common stock at $0.97 per share, with gross proceeds amounting to approximately $1.6 million
• The raised funds will be integral to Lexaria advancing its operations, inching it closer to FDA approval for its patented DehydraTECH(TM)-processed CBD for the potential treatment of hypertension
• It will also help assert Lexaria’s position as a leader in the market, even as it pushes the envelope in terms of research and development of its revolutionary DehydraTECH technology

Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery platforms, raised approximately $1.6 million from its latest round of investment in what will mark a significant milestone for the company. In September 2023, the company announced that it had entered into a securities purchase agreement with a single healthcare-focused institutional investor to purchase 1,618,330 shares of common stock at $0.97 per share. Maxim Group LLC acted as the sole placement agent in connection with the offering (https://ibn.fm/HYeVj).

The warrants will become exercisable six months from issuance, expiring five and a half years from the issuance date. These shares of common stock were offered pursuant to a shelf registration statement on Form S-3 (File No. 333-262402), declared effective by the U.S. Securities and Exchange Commission (“SEC”) on February 4, 2022.

This move follows Lexaria’s ambitious steps to steadily advance its patented DehydraTECH(TM) technology across different areas of application, including, but not limited to, oral nicotine, antivirals, human hormone therapy, hypertension, and diabetes. Within the first half of the 2023 calendar year, the company had significantly scaled up its research and development (“R&D”), with a primary focus on the execution of hypertension, oral nicotine, and diabetes studies (https://ibn.fm/H60BW). Each of these studies yielded positive and promising results, ultimately setting the company up for success and continued to prove the viability of its technology.

Lexaria is now closer than ever to submitting its Investigational New Drug (“IND”) application for its planned U.S. Phase 1b Hypertension Clinical Trial with the U.S. Food and Drug Administration (“FDA”). Similar levels of success have been replicated in other studies, with the DIAB-A22-1 pre-clinical diabetes study showing that DehydraTECH-processed CBD yielded successful results showing positive impacts on blood glucose levels, overall body weight, locomotor activity, as well as triglyceride and blood urea nitrogen levels.

The raised funds will be integral to Lexaria further advancing its operations, specifically its research, inching it even closer to FDA approval for its DehydraTECH-CBD for potential hypertension treatment. In addition, it will help assert its position as a leader in the market, all while creating value for its shareholders.

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

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

• Canadian mineral explorer Appia Rare Earths & Uranium is acquiring project sites with rare earth element (“REE”) potential to help sustain American hemisphere independence in the REE supply chain
• The People’s Republic of China currently enjoys a near-monopoly over REE mining and production, leading Western nations to seek greater security for the metallic elements vital to modern computer technologies and the strong magnets used in them
• Appia recently reported updated results from its drilling programs designed to identify the extent of REE mineralization at the company’s project site in central Brazil, expressing excitement over the project’s potential
• The company is also exploring for REEs in Saskatchewan and Ontario, Canada, and recently completed an NI43-101 technical report on the Saskatchewan site

Mineral exploration company Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) recently announced an update on its efforts to identify the extent of rare earth element REE-laden clays at a newly acquired project site in Brazil, expressing excitement over the promising results of exploration thus far.

Earlier this year, Appia announced a definitive agreement to acquire a 70 percent interest in the 17,000-plus hectare PCH Project located in the Goiás State of central Brazil, and began an aggressive auger and reverse circulation (“RC”) drill campaign in July to establish a potential resource estimate.

“With diamond, RC, and auger drilling activities running concurrently, the project has made substantial advancements,” Geology Manager and Brazilian QP Carlos Bastos stated in the Sept. 28 company news release (https://ibn.fm/AsyQE). “We are confident that the forthcoming results from the SGS laboratory will strengthen our belief that we are positioned within a significant rare earth element ionic clay deposit.”

REE sourcing in the Americas has become a goal of strategic importance to industrial and governmental interests alike as REEs have come to play a vital role in modern computer-based technologies, particularly as components in the strong, permanent magnets used in computer hard drives, wind turbine generators, medical MRI scanners, cordless tool motors, and even military applications such as an engine component in F-35 fighter jets.

Currently, The People’s Republic of China completely dominates REE mining and refining sourcing. The European Union imports 98 percent of its REE supply from China and the United States gets 78 percent of its REE supply from China (https://ibn.fm/uBHvf). Amid trade tensions over leverage China’s government has employed with the REE supply chain to support its policies, American and European nations have emphasized the need for REE supply chain independence in recent years.

“China’s dominant position in the world market now in [rare earths] means that it is able to turn on the faucet and turn off the faucet,” U.S. Trade Representative Katherine Tai said during an August interview with MSNBC (https://ibn.fm/67sws). “And until we are able to access and create additional supply chains we remain entirely vulnerable to that leverage.”

Appia has thus far processed and sent 2,255 samples to SGS Geosol laboratory for analysis from its Target IV site within the PCH Project, with the potential to expand into new prospective areas outside the known deposit.

Appia is also exploring for REEs on 38,522 contiguous hectares (95,191 acres) of high-grade mineralization in northern Saskatchewan, Canada, and the company completed an NI43-101 technical report on the property in June (https://ibn.fm/SXapp). The company also has a 100 percent interest in 12,545 hectares (31,000 acres) with REE deposits in Ontario, Canada, and four uranium claim blocks for potential exploration in Northern Saskatchewan.

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

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

• Hillcrest Energy recently provided investors with an update on the company’s commercial endeavors
• Hillcrest successfully completed dynamic load bench demonstrations of its SiC traction inverter with two potential e-mobility customers
• The news comes alongside the company’s growing customer traction, with Hillcrest announcing that it is simultaneously progressing through demonstration and co-development programs with 6 potential e-mobility customers
• On the product front, Hillcrest revealed it is nearing the proof-of-concept stage for its upcoming grid-connect inverter, with the technology expected to be unveiled prior to year end

Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF), a clean technology company focused on developing transformative power conversion technologies, recently provided investors with an ongoing update as to the development of their innovative 800-volt, 250-kilowatt Zero Voltage Switching (“ZVS”) traction inverter commercial prototype.

Electric vehicle sales are rapidly gaining shares across the globe, with the expected count of electric vehicles within the global auto pool expected to nearly quadruple in the coming year to 77 million vehicles. At their heart, each of those 77 million electric vehicles will contain multiple high-voltage batteries, by far the vehicle’s most expensive component, with each corresponding inverter used to covert the battery’s direct current (“DC”) into alternating current (“AC”) – latter used to power the electric motors driving the vehicle.

Hillcrest’s inverter solution has been shown to generate powertrain efficiency improvements of up to 13%; current research suggests that every 1% improvement in efficiency can reduce battery size by 2%, with Hillcrest’s technological breakthrough effectively holding the commercially appealing potential to make EVs cheaper, lighter and better performing (https://ibn.fm/5fw7K).

In June, Hillcrest revealed that they had completed dynamic load bench demonstrations of its SiC traction inverter for a prominent European automotive original equipment manufacturer (“OEM”) and a global tier one automotive supplier (https://ibn.fm/5tUrI).

Hillcrest’s ongoing testing with its prospective European OEM and global tier one automotive supplier clients serves as a further reaffirmation of the ZVS traction inverter’s commercial potential, with Hillcrest revealing that they are currently working with 6 potential e-mobility customers to demonstrate their technology on the path towards potential commercial agreements.

Separately, the company also announced that they had received support from the Government of Canada for a multi-phase demonstration program with two potential customers – the first, involving demonstration testing with a global motor supplier, subsequently followed by an in-vehicle demonstration with a Hercules Electric Mobility e-boat (https://ibn.fm/bSyEE).

Hillcrest Chief Commercialization Officer, James Bolen commented in relation to the support and partnership the company had developed with the Canadian Government, “We are pleased to have the support of NRC IRAP (National Research Council of Canada Industrial Research Assistance Program) for this multi-phase program. Over the past year we’ve consistently demonstrated the remarkable capabilities of our proprietary ZVS inverter through progressively advanced testing with customer demonstration systems. This program will further that progression to live, in-vehicle demonstration under full dynamic loading, a key advancement towards definitive commercial agreements.”

Hillcrest have also continued to remain engaged in the further development of their technological solutions, announcing that the proof of concept for their next product – a grid-connect inverter – was nearing completion and expected to be unveiled this quarter.

For more information, visit the company’s website at www.HillcrestEnergy.tech.

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

• Strategic metals supply chain enterprise Ucore Rare Metals Inc. has developed its own proprietary solution for separating rare earth elements from their host ores in hopes of re-establishing a North American base for the REE supply chain
• During an era of international trade tensions over computer tech asset sourcing, Ucore aims to reduce Americans’ reliance on China for the REEs critical to modern technology ranging from cell phones and computers to electric vehicle batteries
• Ucore’s RapidSX(TM) REE processing solution is being demonstrated as advantageous over industry-standard CSX processes in side-by-side testing at Ucore’s facility in Ontario, Canada
• Ucore is preparing to begin construction on a commercial-scale facility in Louisiana that will use RapidSX(TM) to process REEs within the United States
• The company anticipates additional commercial facilities in Alaska and / or Canada in the future

The COVID-19 pandemic resulted in global supply chain disruptions on an enormous scale, challenging businesses to cope with product unavailability, customer loss, skilled employee shortfalls, rising infrastructure costs, economic inflation and other significant pressures.

Even as the deadly pandemic slips away into memory, supply chain security remains a pivotal concern as trade and transit tensions deteriorate into geopolitical conflicts across national borders, exemplified in the public consciousness most recently by the wars between Russia and Ukraine, and between Israel and its Palestinian neighbors (https://ibn.fm/Gfdxf).

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a strategic metals supply chain-focused enterprise, is dedicated to securing the supply of rare earth elements (“REEs”) vital to modern computer technologies in North America. The production and refining of REEs are largely controlled by The People’s Republic of China on the global market, and international tensions have served as a reminder that China’s supply of REEs could become costly and difficult.

The Mountain Pass Mine, a fixture of Southern California’s Mojave Desert, produces the earthen materials containing REEs, but it is the only one of its type in the United States and the mining of REEs is now recognized as a matter of national security by the federal government (https://ibn.fm/Z0pKP).

Ucore is working with U.S. municipal, state, and federal government entities as well as Canadian municipal, provincial, and federal government entities to advance the company’s facility in Ontario for testing Ucore’s proprietary RapidSX(TM) processing solution for REEs, and a related commercial facility in Louisiana that will soon begin construction, according to SEDAR filings (https://ibn.fm/maiLB). 

RapidSX(TM) uses a slender footprint in place of the physically large and electrically powered equipment used for the industry standard REE separation flowsheet, making RapidSX(TM) more efficient and cost-effective for producing REEs.

Ucore is using its Ontario facility to demonstrate the advantage of its RapidSX(TM) solution over the industry standard, and the company will use the Louisiana facility to commercially work with REE feedstock, introducing a more America-centric structure for the supply chain. Currently, the United States gets 78 percent of its REE supply from China, and even the Mountain Pass Mine must send its mined REE feedstock overseas to be processed. The European Union imports 98 percent of its REE supply from China, according to Forbes, further highlighting the need for new sources and the potential for Ucore’s market (https://ibn.fm/KY21Q).

Ucore’s commercial Strategic Metals Complex (“SMC”) facility in Louisiana will produce 2,000 metric tons per year of total rare earth oxides (“TREOs”) by early 2025, separating heavy and light rare earth elements, and will grow to 7,500 tons in 2027, according to the company. To create a truly independent supply chain, Ucore anticipates the construction of further SMCs in ensuing years, considering Alaska and / or sites in Ontario, Saskatchewan and / or Nova Scotia.

The company owns a rare earth mine prospect in Alaska, and Ucore may bring it online at some future point also to produce mined REE feedstock.

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

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