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Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) Rings Toronto Stock Exchange’s Opening Bell; Celebrates Upgraded Stock Listing

  • Eloro Resources saw its corporate listing upgraded to trade on the TSX exchange as of March 6, 2023
  • The uplisting to the TSX main board provides the company with access to greater stock liquidity and increases its visibility amongst larger institutional investors
  • Eloro Resources recently announced the successful completion of its C$10.9mn primary share capital raise in January 2023

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM), an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec, was recently invited to ring the opening bell at the Toronto Stock Exchange in recognition of the company’s recent promotion to the TSX main board (https://ibn.fm/PbSIL). Eloro Resources formally saw its corporate listing commence trading on the TSX or Toronto Stock Exchange on Monday, March 6th, 2023 – having previously been listed on the TSX Venture Exchange (TSX-V) dating back to October 5th, 2005.

The upgraded listing sees Eloro Resources join the ranks of 650 other companies which have previously transitioned to the TSX main board from the TSX-V market; today, approximately 20% of all companies included within the TSX composite index trace their roots to the TSX-V. To graduate to the primary exchange, TSX-V listed companies must first meet the specific TSX listing requirements related to their particular industry, following which they must submit an application, audited financial statements and recent quarterly statements to be reviewed by the TSX’s board – a lengthy yet rewarding process which Eloro Resources have successfully navigated in recent months.

Eloro CEO, Thomas Larsen remarked in relation to the company’s recent uplisting, “We are pleased to have graduated to the premier Canadian exchange. Listing on the TSX will provide Eloro greater market visibility and increased access to capital to help drive the company’s growth as it advances its flagship Iska Iska project in southern Bolivia.” (https://ibn.fm/b3LAA).

The upgrade to the Toronto Stock Exchange provides Eloro Resources with access to an equity exchange boasting a market capitalization well north of $3 trillion – and ergo, an equally broad and extensive investor base. Capital markets have emerged as an increasingly important financing channel for precious metal miners in recent years, with public market investors seeking to capitalize on potentially successful exploratory mining works at an earlier stage of gestation – a growing area of focus in light of the exponential demand growth for certain metals amidst the global transition towards renewable energy sources.

Along a similar vein, Eloro Resources recently announced that it had successfully concluded a fully underwritten primary share placement, raising total gross proceeds of C$10,919,570. At the time the company revealed that the net proceeds derived from the offering would be destined towards exploration and development purposes at the company’s ongoing mining projects in Bolivia as well as for general working capital purposes.

Capital market activity within the precious metals space has continued to gain momentum, headlined by the recent takeover offer extended by Newmont Corp to Australian gold miner Newcrest Mining Ltd – a potential transaction that could result in the world’s single largest gold miner. With investor demand for high quality precious metal assets on the upswing, Eloro Resources – and their potentially world-class silver-tin Iska Iska deposit – look well placed to capitalize on the rising investor interest within the sector.

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

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

BiondVax Pharmaceuticals Ltd. (NASDAQ: BVXV) Provides Business Update, Reports FY2022 Financial Results

  • Biotechnology innovator BiondVax Pharmaceuticals recently provided a business update and published full-year financial results for the period ended December 31, 2022
  • Achievements realized to date leave CEO Amir Reichman optimistic about the company’s growth potential and ability to deliver value to shareholders
  • The company enjoys definitive, exclusive agreements including options for exclusive worldwide licenses with the Max Planck Society and the University Medical Center Göttingen, Germany to enable it to build a pipeline of ‘biobetter’ nanosized VHH antibodies (“NanoAbs”)
  • Pipeline to target diseases with attractive commercial opportunities such as psoriasis, psoriatic arthritis, COVID-19, macular degeneration and asthma

Biotechnology innovator BiondVax Pharmaceuticals (NASDAQ: BVXV) recently provided a business update, published its full-year financial results for the period ended December 31, 2022, and filed its annual report on Form 10-K with the Securities and Exchange Commission (“SEC”) (https://ibn.fm/GsIVG). The business update reflected recent highlights and achievements that company CEO Amir Reichman says leave him “optimistic about BiondVax’s growth potential and ability to deliver value to our stakeholders.”

A developmental stage biotech company keen on developing, manufacturing, and commercializing innovative immunotherapeutic products primarily for the treatment of infectious and autoimmune diseases, BiondVax in late 2021 and early 2022 entered into definitive agreements with the Max Planck Society (“MPG”)’s Max Planck Institute for Multidisciplinary Sciences (“MPI-NAT”) and the University Medical Center Göttingen, Germany (“UMG”) to enable the company build a pipeline of ‘biobetter’ nanosized VHH antibodies (“NanoAbs”).

These alpaca derived NanoAbs not only possess unique physicochemical characteristics – such as target neutralization at lower drug concentrations, convenient routes of administration, formulation advantages, stability at high temperatures, and greater binding affinity – but also exhibit strong potential for a number of significant competitive advantages over currently approved human monoclonal antibodies (“mAbs”) targeting diseases with attractive commercial opportunities.

“The company believes that if NanoAbs with these attributes are developed as drug candidates for specific indications where their attributes present an advantage over currently marketed mAbs, they would provide an opportunity to capture a meaningful share of several large and growing markets,” the business update reads.

Furthermore, the company believes the focus on NanoAbs with targets already validated by mAbs will help reduce the upfront costs and risks commonly associated with new drug development, especially given that the mechanism of action of antibodies on target molecules has already been established. Thus, the initiation of clinical development would be accelerated. Moreover, the company holds, “having access to a multi-asset pipeline would hedge BiondVax’s risk and provide greater opportunity and flexibility in pursuing partnering deals with other pharma companies.”

The BiondVax-MPG-UMG agreements include an exclusive worldwide licensing agreement allowing the company to develop and commercialize anti-SARS-CoV-2 NanoAbs. Subsequently, BiondVax developed innovative inhaled anti-SARS-CoV-2 NanoAbs that were the subject of a successful preclinical in vivo study evaluating their therapeutic and prophylactic capabilities. The study unearthed highly positive results showing showed that the NanoAbs not only virtually eliminated the virus in the lungs (https://ibn.fm/QN24C) and led to a significantly shorter and milder illness (https://ibn.fm/pVcuC) but also prevented illness (https://ibn.fm/NNGOG). Guided by these positive results, the company is currently assessing plans to commence a Phase 1/2a clinical trial.

The company also holds an exclusive option for an exclusive worldwide license agreement at pre-agreed financial terms for additional NanoAbs discovered and characterized under the agreement. Against this backdrop and based on promising results from a research collaboration agreement (“RCA”) with MPI-NAT and UMG, BiondVax last year announced its intention to next focus development on NanoAbs that target immune system cytokines such as IL-17, IL-13, and TSLP as drug candidates for the potential treatment of psoriasis, psoriatic arthritis, and asthma (https://ibn.fm/kkhgK).

“Looking ahead, I’m excited to exercise our option to obtain an exclusive license at pre-agreed financial terms to anti-IL-17 NanoAbs targeting safe, effective, and convenient treatment of psoriatic lesions; scale up in-house NanoAb manufacturing; and conduct an in vitro proof-of-concept study and potentially also a preclinical trial of the IL-17 NanoAb as a therapy for psoriasis,” CEO Amir Reichman stated.

The company also plans to offer interested parties its cGMP manufacturing capabilities, including experienced professionals for CDMO (Contract Development and Manufacturing Organization) services, laboratories, and aseptic fill and finish suite, with the objective of optimizing the use of its assets and generating revenues. Still, the company will prioritize its NanoAb pipeline development, extending its focus on research and development (“R&D”), which saw the company increase its R&D expenses from $3.2 million in 2021 to $5.7 million in 2022.

“The BiondVax team, in collaboration with our scientific partners from MPI-NAT and UMG, has worked exceedingly hard to develop best-in-class capabilities in NanoAb technology-based drug development,” Reichman added. “I want to thank our shareholders for their continued support as we progress toward building the company into a financial success by providing caregivers and patients with high-quality, innovative, de-risked pharmaceutical products that help protect and improve human life.”

As documented in its financial summary, BiondVax also reported cash and cash equivalents of $14 million and working capital of $6.7 million as of December 31, 2022. According to the Form 10-K filing, the company expects its existing capital resources will enable it to fund its operating expenses and capital expenditure requirements for at least the next 12 months (https://ibn.fm/IBe7B).

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

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

The 5th Annual Blockchain Futurist Conference to Support Crypto Ticketing Powered by EukaPay

  • Organized by Untraceable Events, the 5th annual Blockchain Futurist Conference will be held August 15-16 in Toronto
  • The conference is considered Canada’s largest and most high-profile crypto, web3, and blockchain event attracting over 6,500 attendees and more than 150 speakers
  • Attendees will get to purchase tickets using crypto thanks to a partnership between the organizers and EukaPay, a cryptocurrency payments processor
  • EukaPay is launching a campaign on Bitcoin Pizza Day that will see ticket buyers enjoy 50% off on the prices of both general and VIP tickets, provided they use crypto

Canada’s largest and most high-profile crypto, web3, and blockchain event returns to Toronto from August 15-16, 2023. Promising a crypto experience like no other and opportunities to learn about emerging technologies that could disrupt industries, the event weaves hands-on technology into every aspect, enabling participants to engage with each other and the technologies around which the event is organized. The interaction with crypto, in particular, begins right at the ticketing stage.

Untraceable Events, the organizer, is accepting ticket purchases made using crypto. This feature is made possible by its partnership with EukaPay, a cryptocurrency payments processor. Extending a team-up that helped make last year’s conference a success and contributed to the growth and adoption of cryptocurrency, this year’s collaboration will see attendees enjoy discounted ticket prices if they purchase with cryptocurrency. A whopping 50% discount that covers both general and VIP tickets is in the pipeline.

“We are thrilled to partner with innovative companies like EukaPay, integrating cryptocurrency payments seamlessly into our Blockchain Futurist Conference. Attendees can now transact effortlessly, fostering a dynamic environment where digital currencies become a part of everyday interactions.” said Tracy Leparulo, Untraceable Events. 

EukaPay is launching the 50%-off campaign on Bitcoin Pizza Day, which falls on May 22, with the launch trimming general and VIP ticket prices by half. To purchase tickets with crypto, please click (https://ibn.fm/Y7iWa).

EukaPay’s contribution at the conference nonetheless extends beyond payment processing. The company will be exhibiting at the event, with CEO Wayne Chen also taking the stage as one of the more than 150 speakers scheduled.

“EukaPay proudly empowers businesses to accept cryptocurrency and embrace the digital economy. Our partnership with the Blockchain Futurist Conference exposes us to a wide audience, allowing us to assist more Canadian businesses in adopting digital assets for seamless transactions.” said Wayne Chen, EukaPay.

Blockchain Futurist Conference features panel discussions, keynote speeches, and workshops from prominent figures. This year’s conference is expected to attract more than 6,500 attendees and will also feature expo booths, crypto marketplaces, blockchain boot camps, developer hackathons, network events, and sub-events and two developer hackathons: ETHToronto and ETHWomen.

EukaPay’s crypto-focused approach to payment processing enables businesses to accept crypto payments and get paid in dollars, helping them avoid problems such as expensive security infrastructure, onerous financial and tax reporting, and currency volatility. With EukaPay, businesses need not take custody of crypto. Instead, the processor instantly converts the crypto into dollars (https://ibn.fm/v4O8F).

To learn more, visit https://ibn.fm/mdYRG.

NextPlat Corp. (NASDAQ: NXPL) Inks Deal to Open Doors for US Business to ‘Mammoth’ Chinese Consumer Market

  • NextPlat, Tmall Global sign merchant sourcing agreement designed to give U.S. businesses easy access to Chinese e-commerce market.
  • Tmall Global e-commerce platform will provide NextPlat customers a turnkey solution to sell products to the Chinese consumer market.
  • Starting in Florida, NextPlat intends to expand E-Commerce Development Program businesses throughout the United States and all of the Americas.
  • Turnkey international e-commerce solution simplifies the process, provides American-based companies opportunity of new business in China.

In a collaboration designed to be the “first in a series of new e-commerce development programs,” global e-commerce provider NextPlat (NASDAQ: NXPL) and Alibaba Group Holding Limited have inked a merchant sourcing agreement destined to make a mark helping American companies expand their e-commerce capabilities to reach new international customers in the Chinese market (https://ibn.fm/AwmBW). The world’s largest e-commerce market, China reportedly saw an estimated 1 billion consumers shop on e-commerce channels across the country last year, racking up 45.3% of all retail sales online (https://ibn.fm/ICJM1). NextPlat’s new relationship with Tmall Global will provide American businesses with a novel, turnkey international e-commerce solution development program designed to increase the sale of products produced and sold by American companies to the multitrillion-dollar Chinese consumer market.

“We are excited to kick off a dynamic new e-commerce development program with Tmall here in South Florida and bring the opportunity of new business in China to more American-based companies,” said NextPlat executive chair and CEO Charles M. Fernandez, referring to Tmall Global, an online platform that addresses the increasing Chinese consumer demand for international products and brands. With our expanded relationship. . .  we are combining our collective expertise and capabilities to provide American businesses with a novel, turnkey international e-commerce solution that can provide them with access to potentially millions of new customers without having to invest in international operations and infrastructure.”

Calling the Chinese market “mammoth,” a recent Alizila report noted that the country’s annual online retail sales of physical goods in yuan have nearly doubled in the last five years, reaching an estimated 13.8 trillion by early 2022 (https://ibn.fm/wdhHD). The new merchant agreement enables NextPlat customers to fully use Tmall Global e-commerce platform to seamlessly sell their products to this explosive Chinese consumer market — and enjoy benefits at the time, including discounted fees and enhanced customer service. Mostly based in and United States and throughout all of the Americas, these customers are eager to reach Chinese consumers. NextPlat’s first step, the launch of a Florida-based e-commerce development program, sets the stage for what the company is confident will be a rapid expansion of similar e-commerce development opportunities. NextPlat intends to expand these opportunities to businesses throughout the United States and all of North America as well as Central and South America. 

Commenting on the new agreement, Alibaba Group president Michael Evans stated, “Demand for American-made goods in China continues to surge, creating valuable new growth opportunities for U.S. companies with the capability to conduct international business overseas. Led by a highly experienced management team with deep roots in e-commerce, technology, and business, NextPlat is an ideal partner for Alibaba as we seek to assist more American businesses capitalize on the vast untapped potential of the Chinese consumer market.”

NextPlat is a global e-commerce platform company created to capitalize on multiple high-growth sectors and global markets for physical and digital assets. The company collaborates with businesses, optimizing their ability to sell their goods online, domestically and internationally, while also enabling customers and partners to optimize their e-commerce presence and revenue. NextPlat currently operates an e-commerce communications services division through its Global Telesat Communications Ltd and Orbital Satcom Corp business units providing voice, data, tracking and IoT services to customers worldwide in more than 195 countries through multiple global storefronts. The company also has developed a next-generation platform built for Web3 that enables the use of a range of digital assets as well as optimizing e-commerce transactions and business-building activities.

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

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

Data443 Risk Mitigation Inc. (ATDS) Offers Comprehensive Product Suite Designed to Mitigate Data Security Risks

  • With work habits and corporate IT practices having undergone dramatic changes since 2020, data security has increasingly emerged as a corporate priority.
  • Over 83% of U.S. organizations have suffered from one or more data breaches in recent years, making data security strategies more important than ever before.
  • Data443 Risk Mitigation addresses the growing wave of demand through a broad product suite of products designed to help with all things data security.

The onset of the global pandemic in 2020 led to “The Great Migration” – from the office, to working from home. While working from home created an improved work-life balance, increased lifestyle flexibility, and eliminated the commute – it also carried with it a host of cyber security concerns. With employees increasingly relying upon personal networks and personal devices, data security has become a key priority amongst corporations around the globe.

Data443 Risk Mitigation (OTC: ATDS), a data security and privacy software company, has focused its corporate mission around data risk mitigation, providing companies with the necessary software and services required to secure their data across devices and databases. Today and with over 10,000 customers across over 100 countries, Data443 enables its client base to prioritize risk, identify security gaps, and implement effective data protection and privacy management strategies through the provision of a broad and comprehensive product suite.

The Data443 product suite seeks to deliver a multitude of solutions designed to help all customer levels securely manage their data and data privacy needs. These include Data Identification Manager, used to inventory and classify all firm data; Data Placement Manager, assisting employees to quickly and securely transfer sensitive data across public and private networks; Global Privacy Manager, providing organizations with a single, comprehensive view across all of their enterprise data simultaneously; as well as Ransomware Recovery Manager, a unique industry solution allowing for a corporation to recover a device, operating system and proprietary data in the unfortunate event of any external data breaches.

A recent study found that 83% of all U.S. organizations have suffered from one or more data breaches, with the average cost of a data breach touching a high of $9.44 million as of 2022 (https://ibn.fm/SRN4G). With ever increasing financial and reputational repercussions now attached to data breaches, as well as the increased prevalence of remote working and cloud-based data storage, protecting corporate data to prevent future mishaps has become a major priority. A 2022 survey by Gartner found that over 30% of enterprises are planning to adopt data security platforms by 2024, up from less than 5% in 2019.

“The explosion of ransomware, zero-day attacks, third-party breaches, along with long-term remote work concerns and the integration of operational technology with IT systems have culminated into a crisis of confidence for IT security leaders” – IDG Security Priorities Study 2021 (https://nnw.fm/1KZnQ).

With the global data security market set to swell to an annual value of $54.23 billion by 2027, representing a CAGR of over 18% between 2021-2027, data security has emerged as one of the fastest growing areas within the global IT market. As a key early mover within the sector and having recently undertaken a series of measures designed to help fuel their future growth trajectory, Data443 finds itself well positioned to support within an industry that continuously grows as technology becomes more intricate.

Data443 Risk Mitigation, Inc. (ATDS) Investor Relations
Matthew Abenante
ir@data443.com 
919-858-6542

For more information, visit the company’s website at www.Data443.com.

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

Starco Brands, Inc. (STCB) and Cardi B Send Whipshots(R) Vodka-Infused Whipped Cream Straight to the Top

  • Starco Brands’ Whipshots(R) vodka-infused whipped cream was developed in collaboration with global artist and icon Cardi B, who has 123 million Instagram followers
  • Whipshots recently won the “Rising Star” award at the Beverage Dynamics’ 2023 Growth Brands Awards and four medals at the 2023 DB&SB Spring Blind Tasting component of the Global Spirits Masters Competition
  • Starco Brands identifies consumer product category whitespaces, then either develops products internally or acquires existing brands, and uses a network of globally recognized celebrities, influencers, and media and distribution partners in disruptive campaigns
  • Other Starco Brands offerings include Winona(R), the first indulgent theater-popcorn spray powered by air; Art of Sport, the body care brand designed for athletes and co-founded by Kobe Bryant; Skylar, the only fragrance that is both hypoallergenic and safe for sensitive skin; and Soylent, the complete non-dairy nutrition brand

Global artist and icon Cardi B is showing off her sweet side with Whipshots – a vodka-infused whipped cream developed in collaboration with Starco Brands (OTCQB: STCB).

Starco Brands is an invention factory dedicated to developing and acquiring consumer products and brands with behavior-changing technologies. The company’s whipped cream product, Whipshots — where “bougie meets boozy” — is its latest offering that’s currently whipping up a storm among Cardi B’s 123 million Instagram followers and earning numerous awards (https://ibn.fm/551qV).

At 10% alcohol by volume, Whipshots is shelf-stable, doesn’t require refrigeration, and comes in three flavors: vanilla, caramel, and mocha. With invitations to “slap it, shake it, and whip it,” the product has already generated over one hundred thousand Instagram followers.

Whipshots is also gaining widespread industry acclaim, recently earning the “Rising Star” award at the Beverage Dynamics’ 2023 Growth Brands Awards and four medals at the 2023 DB&SB Spring Blind Tasting component of the Global Spirits Masters Competition (https://ibn.fm/VP29M).

“We’re ecstatic that Whipshots has been recognized by both the Growth Brands Awards and The DB&SB Spring Blind Tasting,” said David Dreyer, chief marketing officer of Starco Brands. “Receiving these honors is extremely rewarding and further showcases our product as a disruptor in the industry from a brand and taste standpoint.”

Whipshots is one of many game-changing products designed to spark excitement in audiences worldwide. Other Starco Brands offerings include Winona Popcorn Spray, the first indulgent theater-popcorn spray powered by air, Art of Sport, the body care brand designed for athletes and co-founded by Kobe Bryant, Skylar, the only fragrance that is both hypoallergenic and safe for sensitive skin, and Soylent, the complete non-dairy nutrition brand.

Starco Brands has grown from a few million dollars in revenue to a current run rate of approximately $80 million in annual revenue in one year. The company attributes its success to a strategy that identifies consumer product category whitespaces. It then leverages its manufacturing network and R&D capabilities across eight core consumer categories to invent new technologies and brands or utilizes its extensive M&A experience to acquire brands that fill identifiable voids. It then disrupts the market through strategies that leverage the power of globally recognized celebrities, influencers, media companies, and distribution partners.

The company is led by Ross Sklar – a chemical formulator by trade who made over a dozen acquisitions, encompassing a diverse range of industrial, household, personal care, and food and beverage businesses. Joining him is Chief Operating Officer Darin Brown, with over 20 years of experience in chemical manufacturing, business development, finance, and mergers and acquisitions. Chief Marketing Officer David Dreyer rounds out the team with over 25 years of experience working with iconic brands, including Apple, Pepsi, Pizza Hut, Dr. Pepper, Snapple, Infiniti, The Grammy Awards, Stamps.com, and Honda.

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

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

Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) Reviving Past Producing Montana Graphite Mine as a ’Made in America’ Mine-to-Market Operation in U.S.

  • The U.S. is under mandates to slash emissions and reduce dependence on Chinese graphite production for EVs, earmarking billions of dollars to develop domestic infrastructure
  • About 70 graphite mines are in production worldwide today, none in the U.S., with estimates for nearly 100 more mines to come online just to meet graphite demand for battery anodes
  • Reflex Advanced Materials is advancing the 2,000-acre Ruby Graphite Project in Montana with plans to commission it as a high purity graphite mine in the U.S.

President Joe Biden wants his legacy to fall on his efforts to reverse our effects on climate change through renewable energies and electrification. If the nation is to meet its stated goals of 50-52 percent reduction in U.S. greenhouse gas pollution from 2005 levels in 2030 and becoming a net zero emissions economy by 2050, some things are going to have to undergo radical change. High on this priority list must be building holistic infrastructure for domestic electrification manufacturing, particularly as it relates to critical materials like graphite for which the U.S. is 100 percent dependent upon imports.

For this to happen, the North American mining landscape is going to be reshaped, where companies like Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF) can emerge to help meet a massive supply shortfall.

Politicians rarely seem to find common ground anymore, but graphite needs to have hands reaching across the aisle. President Trump put graphite on a list of materials critical to the nation’s security. President Biden invoked the Defense Production Act to hasten U.S. production of minerals for EV and storage batteries. Synchronously, billions of dollars have been allocated with bipartisan support to develop an EV battery supply chain.

Don’t pigeonhole graphite into simply being important to the EV sector. Graphite is a versatile material and critical component in various industries, from electronics to battery technology and advanced composites. It is an excellent conductor of heat and electricity, making it an ideal material for use in computer chips, touchscreens, and LEDs. Graphite’s unique thermal properties make it a perfect for use in high-temperature applications, such as in nuclear reactors, aerospace, and automotive industries. Graphite is also used in bio-sensing and membrane technology, where its unique properties make it irreplaceable for use in medical devices and water treatment.

The most significant application of graphite is arguably in battery technology where it is integral to lithium-ion batteries, which power everything from smartphones to EVs. In fairness, lithium-ion batteries should have “graphite” somewhere in the name considering nearly half of the overall weight of a lithium-ion battery consists of graphite.

With the rise in demand for EVs, electronic devices and the advent of new technologies like 5G, the demand for graphite is expected to grow exponentially in the coming years.

A quick look at the numbers provides a great deal of clarity as the urgency to bring new graphite mines online. In 2023, there are 70 graphite mines globally, most of which are in China, India, and Africa. To meet demand for battery anode materials by 2035, it is estimated that 97 natural flake mines producing 56,000 metric tons annually will need be to be constructed, along with 52 new synthetic plants, averaging 57,000 metric tons each year.

Why so much? When a lithium-ion battery is charging, lithium ions move from the cathode to the anode, a process that is reversed as the stored energy is discharged. Manufacturers use different materials in cathodes, but graphite is hands-down the most popular for anodes owing to its lower cost and longer life cycle.

In 2021, China produced approximately 70 percent of graphite for EV batteries in America. The U.S. is committed to slashing this reliance, with tariffs implemented that makes it more expensive to import graphite products from the country. This has emphasized the need for North American graphite production.

From its headquarters in British Columbia, Canada, Reflex Advanced Materials is focused on improving domestic specialty mineral infrastructure efficiencies to meet surging national demand by North American manufacturers. The company is working to advance its graphite Ruby Graphite Project (high-quality natural flake and vein), located in Beaverhead County, Montana, and ZigZag Lake Lithium Property, located in Thunder Bay Mining Division, Crescent Lake Area, Ontario.

The company is executing a diversified model to capitalize on market opportunities. Late in March, Reflex entered into a subscription agreement and agreed to make a strategic investment in Bio Graphene Solutions Inc. (“BGS”). BGS is a private nanotechnology company that specializes in the production of high-quality graphene. As part of the strategic investment, Reflex expects to benefit by collaborating with BGS on potential cross-development projects that include exploring downstream applications that compliment any graphite material sourced from the company’s Ruby Graphite project, which spans about 2,000 acres in the southwestern corner of the state.

The project was an operating mine run by the Crystal Graphite Company from 1901 until 1948, having produced more than 2,500 metric tonnes of vein graphite. A fire consumed the small concentration mill and part of the mining camp around 1950, and the location was abandoned and mostly forgotten. Reflex plans to resurrect the graphite production and become the only commercial crystalline graphite mine in the U.S.

Aligned with market needs, Reflex has a mine-to-market approach, including plans to custom process graphite products to customer specifications by working with carefully selected, best-of-breed, North American mineral processors, each of whom own and operate world-class, industrial-scale processing facilities.

Investors are going to have plenty to look forward to this summer. Permit applications for an exploration program at the Ruby Graphite project have been submitted to the Bureau of Land Management detailing construction of access routes and 20+ drill pads, amongst other things to advance the project.

The initial drill program, slated for this summer, includes 3,500 meters of drilling cored to an average depth of 130 meters. Targets were determined from historical data from original mine operations and data gathered for the initial 43-101 technical report on the project, dated January 31, 2023.

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

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

Lexaria Bioscience Corp. (NASDAQ: LEXX) Completes $2 Million Public Offering Consisting of Common Shares and Accompanying Warrants

  • Lexaria recently completed its 2,106,000-unit public offering at $0.95 per share – representing proceeds totaling over $2 million gross in support of the company’s growth
  • Maxim Group LLC is acting as the sole placement agent in connection with Lexaria’s offering
  • Earlier the company was granted four new patents, bringing its total to 32 granted and many more pending worldwide for its patented DehydraTECH(TM) technology
  • Lexaria is currently seeking IND status from the FDA for use of DehydraTECH-processed CBD with hypertension and expects to begin dosing a new human clinical trial in October 2023

Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery platforms, recently announced the closing of its 2,106,000-unit public offering. Each unit consists of one share of common stock, and one warrant to purchase one share of common stock. The common shares and accompanying warrants can only be purchased together in this offering but will be issued by the company separately and will be separable upon issuance.

Each unit in Lexaria’s public offering is being sold at $0.95 and will be immediately exercisable at $0.95 per share and expire five years from the date of issuance. Maxim Group LLC is acting as the sole placement agent in connection with Lexaria’s offering. Before deducting the placement agent fees and other offering expenses, gross proceeds totaled approximately $2 million (https://ibn.fm/Bdr8d).

Lexaria’s patented DehydraTECH(TM) technology is designed to deliver lipophilic (fat-soluble) drugs and active pharmaceutical ingredients (“APIs”) more effectively. The major benefits of DehydraTECH-enabled drugs or consumer products include:

  • Speeds up delivery – the subject feels the effects of the product in just minutes
  • Increases bioavailability – the technology is much more effective at delivering the drug or product into the bloodstream
  • Increases brain absorption – animal testing suggests significant improvement in the quantity of the drug delivered across the blood-brain barrier
  • Improves drug potency – more of the ingested product is made available to the body, so lower doses are required to achieve the desired effect
  • Reduces drug administration costs – lower doses mean lower overall drug costs
  • Masks unwanted taste – the technology eliminates or reduces the need for sweeteners

Lexaria has demonstrated through animal studies a propensity for DehydraTECH to elevate the quantity of the drug delivered across the blood-brain barrier by as much as 1,700 percent, initiating additional new patent applications and opening possibilities for improved drug delivery. Since 2016, DehydraTECH has repeatedly demonstrated, through cannabinoids and nicotine, the ability to increase bio-absorption by up to five to ten times, reduce the onset time from one to two hours to just minutes, and mask unwanted tastes.

Lexaria is exploring additional orally administered bioactive molecules, including antivirals, cannabinoids, PDE5 inhibitors, oral nicotine and more.

The company currently has 32 granted patents, with several more pending worldwide – after recently being granted four new patents in Japan, Australia, Canada, and the United States. Lexaria believes that the U.S. patent could be of particular importance as it relates to the company’s pursuit of utilizing DehydraTECH-CBD in relation to its hypertension studies and its FDA Investigational New Drug application.

Phase 1b of Lexaria’s HYPER-H23-1 clinical trial, Phase 1b Randomized, Double-Blind, Placebo-Controlled Study of Safety, Pharmacokinetics, and Pharmacodynamics of DehydraTECH-CBD in Subjects with Stage 1 or Stage 2 Hypertension, is expected to begin dosing as early as October 2023, after the filing of the IND with the FDA which is expected in this summer. The five previous (non-FDA regulated) human trials of DehydraTECH-CBD have shown potential to have pronounced clinical benefits relative to anti-hypertensive therapeutics.

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

GolfLync Inc., The Social Network for Golfers, Hits 17,000 Downloads, as its Natural Appeal to the Golf Community Continues to Grow

  • GolfLync, dubbed “the social network for golfers,” just hit an incredible milestone of 17,000 downloads as of May 2023
  • The growth in app downloads indicates the growing popularity of the app, and of golf, which is a fast, group-based game, ideal for social connections like those offered in GolfLync
  • The company is optimistic that, as the momentum around golf and it’s increasing draw from other social media platforms grows, GolfLync will rapidly scale its platform

GolfLync Inc., an enterprise that is making golf more accessible by matching golf games and players, similar to the way a dating app matches those looking for romance, just hit an incredible milestone of 17,000 downloads as of May 2023. Dubbed “the social network for golfers,” GolfLync Inc. is committed to helping golfers looking to grow their golf network by offering a platform that opens them up to other players with similar interests and course preferences.

The growth in app downloads indicates golf’s growing popularity, especially in the United States. Since 2011, the United States golf industry has grown by 22% over the past 10 years, from $68.8 billion to $84 billion in 2023. In addition, currently, 27% of new golfers are Gen Z, aged between 18-34, with women representing 41% of all off-course golfers (https://ibn.fm/61V7j). Social media influencers around the game have played a key role in growing its popularity, and it is projected that by 2030, the golf products market alone will be valued at $10.1 billion, up from $6.9 billion in 2022 (https://ibn.fm/9H8Q3).

GolfLync understands this growing popularity, and the growing demand for golf courses, golf buddies, and the best overall golf experience. The company looks to tap into this demand with its one-of-a-kind app, in what is a first for the industry. With its built-in logic, the GolfLync app can link individuals based on their preferences, enabling a more fulfilling and engaging golf experience that helps to grow the sport and create a healthy community around it.

“{GolfLync App} Basically operates like Tinder for golfers. If you don’t belong to a private club, but want to expand your golf network, you can jump on the app, and you can find people in your area that have the same preferences as you,” noted Noah DiPasquale, Co-Founder and CEO of GolfLync Inc. (https://ibn.fm/j0rSl). The company is optimistic that, as the momentum around golf continues to grow, so will downloads.

You can download the GolfLync app using the following links:

Android: https://ibn.fm/sDjMx

iPhone: https://ibn.fm/Rqzd0

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

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

GolfLync, a Social Media Platform Where Golfers Connect, Share and Enjoy the Game of Golf

  • There are over 41 million Americans enjoying the game of golf and 7 in 10 actively use social media. GolfLync is the first social media APP built to create communities and groups around the game of golf
  • GolfLync offers users a fun, enjoyable experience with all the features of a modern social media platform purpose-built for Golfers
  • GolfLync is seeing a rapid scale in users and groups with members joining from other social media platforms

GolfLync Inc., is creating a new experience for golf lovers, connecting them with like-minded friends and groups with whom they can golf. Built to scale, GolfLync is ready to connect millions of players across the country and has groups forming in cities and at courses across America.

Features include streaming feeds with social posts from golf players and groups across America, posting and finding Tee Times and of course, chatting about golf!

GolfLync is built to help players to connect with others that share similar interests and course preferences. New players to the game can easily find local clubs and groups that have a virtual community on GolfLync – GolfLync connects users on and off the green.
Couples who enjoy golfing together can easily find other couples to tee it up with. For a regular group that finds itself down a player, GolfLync can help find that last-minute addition to complete the group.

Available in the APP store for both iOS and Android, GolfLync contains no ads and is free to download and enjoy today.

You can download the GolfLync app using the following links:

Android: https://ibn.fm/sDjMx

iPhone: https://ibn.fm/Rqzd0

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

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

From Our Blog

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) Starts Confirmation Drilling Program in Val-d’Or Gold Belt to Validate Historical Results at Swanson

November 18, 2025

This article has been disseminated on behalf of LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) and may include paid advertising. LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0), Canadian gold exploration and development company is advancing the district-scale Swanson Gold Project in Québec’s prolific Abitibi Gold Belt while in parallel is progressing toward […]

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