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Health Canada Grants Selected Physicians Access to Psilocybin Mushrooms as Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Dives into Functional Mushroom Market

  • Health Canada recently granted psilocybin testing access to selected physicians
  • Psilocybin mushrooms shown to help patients suffering from addiction, mental health issues
  • Pure Extracts’ ’Pure Mushrooms’ and ‘Pure Pulls’ branded products expected to be available by end of Q1 2021
In a recent virtual townhall, Canadian Health Minister Patty Hajdu disclosed that the Canadian government has recently granted access to psilocybin or “psychedelic” mushrooms to several physicians for use in patients with addiction and/or mental health issues (https://ibn.fm/j9ZAO). In line with anticipated legislation expected to loosen restrictions on psilocybin mushrooms, Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ), a Canadian plant-based extraction company with a new vertical in functional mushrooms, is currently positioning itself to be the dominant extraction company and leader in the rapid development and commercialization of functional and medicinal products. Hajdu’s comments were part of a discussion on several health-related topics at a recent Vancouver B.C. virtual townhall with the Honourable Hedy Fry, a Canadian parliament representative. In response to Fry’s questions concerning the use of psilocybin mushrooms, Hajdu disclosed that the government was taking the discussion into the mainstream by granting some physicians access to the mushrooms for testing purposes. “Health Canada approved some physicians access to psilocybin mushrooms to test,” said Hajdu. “We are still testing these mushrooms and their effects, and we are taking these discussions out of the shadows and into more of a mainstream conversation.” In anticipation of relaxed laws around the use of psilocybin mushrooms, Pure Extracts is building-out its existing cannabis-processing infrastructure to accommodate mushroom extraction processes as part of its overall market penetration strategy. The Company operates out of its state-of-the-art facility in British Columbia, Canada that is built to European Union GMP standards for the purpose of obtaining EU-GMP certification in order to export to European countries, where both cannabis and functional mushroom products are legal for sale and consumption. Rather than operate in the saturated cultivation market, Pure Extracts instead purchases in bulk from Licensed Producers for further extraction processing via a Health Canada Standard Processing License granted to Pure Extracts Manufacturing Corp., its wholly-owned subsidiary. Along with both cannabis and hemp biomass processing and white labeling for Licensed Producers, the Company has also developed private label products that include the mushroom-based ‘Pure Mushrooms’ line and the ‘Pure Pulls’ line of cannabis products. “We intend to launch these products in Q1 from an online portal that we are developing,” said Pure Extracts’ CEO, Ben Nikolaevsky (https://ibn.fm/BplTK). “Functional mushrooms have been identified as the new ‘wonder’ product in the wellness space and have been rapidly growing in popularity, so this is a very exciting move for us.” Pure Extracts was incorporated under the British Columbia Business Corporations Act and is headquartered just north of Whistler, British Columbia. Along with being granted its Standard Processing License by Health Canada on September 25, 2020, the Company also started trading on the Canadian Securities Exchange on November 5, 2020 under the symbol “PULL”. For more information, visit the company’s website at www.PureExtractsCorp.com. NOTE TO INVESTORS: The latest news and updates relating to PULL are available in the company’s newsroom at https://ibn.fm/PULL

The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Positioned to Take Advantage of Growing Support, Legislative Changes

  • Timing of expansion into CBD market correlated with passing of 2018 Farm Bill
  • MORE Act decriminalizes marijuana, has passed the House
  • Reclassification of cannabis by the UN may increase medical research, impact legalization efforts globally
Founded in 2012, The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER) quickly earned a reputation as one of the fastest-growing and most innovative lifestyle brands. Now a leading producer of premium bottled alkaline water, flavor-infused waters and CBD-infused products, WTER’s flagship product was a premium 8.8 pH balanced alkaline drinking water produced through an innovative, state-of-the-art proprietary electrolysis process. In 2018, WTER became publicly traded thanks to a disciplined growth strategy that soon expanded into the CBD space. The timing was perfect for this new endeavor. The 2018 Farm Bill passed, and CBD had become a buzz word in the health and wellness industry. WTER partnered with Centuria Foods and launched A88CBD(TM) in 2020, a product line (https://ibn.fm/UH2fn) that only uses CBD sourced from hemp lawfully grown and processed within the United States. But the United States hasn’t always been supportive of CBD. In 1937 under the Marihuana Tax Act, all parts of the marijuana plant were made illegal. In 1970 under the Controlled Substances Act, cannabis of any kind was prohibited. That changed in 2018 with the Farm Bill’s passing. The 2018 Farm Bill played a large part in WTER’s story and expansion by allowing for hemp cultivation and the selling of hemp products under 0.3 percent THC (https://ibn.fm/zTkyS). As new bills make their way across the House and Senate floors, WTER is looking forward to what it means for the company and the industry at large. New bills could lead to the long-awaited FDA guidance on CBD-infused consumer products. An example of this type of legislations is the Marijuana Opportunity Reinvestment and Expungement Act (MORE Act) of 2019, which passed the House and is now awaiting approval in the Senate and then the White House. This marks the first time that a federal legislative body has ever voted to decriminalize marijuana. If the MORE Act passes both House and Senate and the President’s desk, marijuana will be removed from the list of scheduled substances. Criminal penalties will also be removed  (https://ibn.fm/SJVCe). This is a strong step forward in removing stigmas and creating therapeutic options for consumers. In addition to decriminalizing marijuana, the bill will put into motion several other changes, including:
  • The ability for cannabis-related businesses to acquire loans and services not previously available
  • Cannabis will no longer be used as a reason to allow for deportation or the rejection of asylum claims
  • Those in prison for marijuana charges will receive a sentencing review for potentially reduced sentencing
  • Federal cannabis sales tax of 5% of the sale price to pay for opportunity grants for communities most impacted by the war on drugs
The MORE Act is a step toward legal cannabis diversity and inclusion. While the future of the bill remains in question, the fact that it has progressed as far as it has indicates significant progress for cannabis in both government and popular support. And the growing acceptance and changes aren’t only being seen in the United States. The United Nations recently voted to reclassify cannabis as a less dangerous drug (https://ibn.fm/hohwB). This change holds the potential to increase medical research into the therapeutic benefits and impact legalization efforts globally. “With the apparent change in administration in the U.S., we believe that the FDA guidance on CBD will be forthcoming soon,” said WTER CEO Richard Wright (https://ibn.fm/B4qgc). “Being the National Consumer Products goods company, we feel we are positioned very well to take advantage of any changes that would allow us to sell in all the states.” For more information, visit the company’s website at www.TheAlkalineWaterCo.com. NOTE TO INVESTORS: The latest news and updates relating to WTER are available in the company’s newsroom at http://ibn.fm/WTER

Clinical Document World Summit Delivers Virtual Setting for Education on Improving Life Science Reporting Procedures

  • What: Clinical Document World summit, organized by Lincoln Health Network
  • Where: Taking place online, with registration at https://ibn.fm/x3biD
  • When: Feb. 24-26, 2021
  • The summit will help professionals in the fields of pharmaceuticals, biotech, and medical device manufacture or utilization to improve their documentation experiences
  • Interactive platform allows attendees to seek new information and answers to old questions from speakers and other attendees using one-on-one as well as group features

The demands of clinical documentation, particularly in light of the increased requirements resulting from the Affordable Care Act, have a tendency to produce clinician burnout, “increased cognitive load,” distractions and still result in the loss of some information (https://ibn.fm/qxjC6).

In the modern era, professionals expect to avail themselves of technological advancements to improve their performance and eliminate obstacles to productivity, and certainly automated features such as artificial intelligence-enhanced digital scribes can help capture conversations and convert them to documentation but specialized forms and other individualized elements of the clinical setting may prevent a once-size-fits-all approach.

Lincoln Health Network’s (“LHN”) Clinical Document World summit aims to deliver a one-stop learning experience for life science professionals battling to improve their documentation resources and procedures, as well as through complementary partnerships with other professionals in the fields of pharmaceuticals, biotech, and medical device manufacture or utilization (https://ibn.fm/HZmTS).

The three-day Clinical Document World event will take place Feb. 24-26 in a virtual setting given the continuing dangers posed by the COVID-19 pandemic to large public gatherings. Utilizing LHN’s virtual platform, the summit will facilitate networking, Q&A needs and interactive introductions to new things in as seamless a transition as possible from in-person gatherings. Attendees can instant message seminar presenters and other attendees at any time during the event or schedule a more personal video chat with someone.

Virtual session rooms, an exhibit hall, a networking lounge, a resource page and a real-time feed all help make the experience educational and able to generate new usefulness even after the summit has ended. The networking lounge provides great opportunities for productivity in a group, and the interactive exhibit hall allows attendees to browse some of the latest technology and services with the potential to schedule a live demo to determine if something may help the attendees’ organizations.

The 20-plus faculty roster members come from a variety of companies where they have amassed experience in trial master files (“TMF”) operations, inspection readiness, risk management and other clinical development avenues.

Following the opening day’s keynote speech on the “Impact of a Strategic Document Strategy for CRO, Sites, and Sponsors,” sessions and panels will focus on strategies for global clinical operations, metrics-friendly governance structures to accumulate useful data for inspection readiness, leveraging emerging technologies, ensuring clinical quality standards in documentation, and other related subjects.

Early bird price rates end Jan. 21, although standard and last chance ticketing will continue to be available until the event.

For further information on registration and tickets, as well as how to participate as a speaker, visit the event’s website at https://ibn.fm/6Y31C.

Mobius Interactive Ltd. Meeting Need for Growing eSports Betting Market

  • Average income of a pro-esports player is $400,000
  • Audience for esports is expected to reach 495 million by the end of 2020
  • eSports betting market forecasted at $17.2 billion globally by the end of 2020
Mobius Interactive, an online gaming operator, is capitalizing on the quickly growing eSports segment. Through its brand, MobiusBet, the company attracts a network of high-net-worth gamers worldwide with loyalty programs, targeted gamification and product merchandising. The world of gaming has changed significantly in the last four decades, and so have the rewards. The earliest known video game competition took place at Stanford University on Oct. 19, 1972. During that competition, players competed on Spacewar for the grand prize of a one-year subscription to “Rolling Stone” (https://ibn.fm/Vfo6c). Today pro players compete online for large sums of money, and fans place bets on their favorites. In 2019, 44 million people attended the final of the League of Legends World Championship. The pandemic of 2020 only accelerated the industry’s growth. There are currently 12 professional esports leagues across the globe, 120 franchised teams and an estimated 1,000 professional players whose average salary is close to $400,000 (https://ibn.fm/3iJM4). eSsports is expected to reach a value of $1.1 billion by the end of 2020, a 15.7% increase from the previous year. The audience for esports is also growing, at 495 million this year, up 11.7% from 2019 (https://ibn.fm/RseWi). And by 2023, viewership is expected to reach 646 million (https://ibn.fm/Yj0oC). With this anticipated audience growth comes a heightened eSports betting market forecasted at $17.2 billion globally by the end of 2020 (https://ibn.fm/pFPBf). Mobius provides players with access to more than 34 eSports games and mega tournaments. Available around the clock, the platform has a wide range of functionalities, mystery jackpots, cutting-edge technology, and live and pre-match odds. The company has partnered with UltraPlay, a globally recognized, award-winning, unrivaled eSports odds and platform supplier. The esSports industry is booming, and Mobius is ideally positioned to see the greatest benefit from the boom. For more information, visit the company’s website at www.MobiusInteractive.Ltd. NOTE TO INVESTORS: The latest news and updates relating to Mobius are available in the company’s newsroom at http://ibn.fm/Mobius

New Optimism for EVs in 2021 Drives Growth Opportunities for ev Transportation Services Inc.

  • The new year, with a pro-EV president and recent inclusion into a regional municipal group purchasing program, creates exciting potential for evTS
  • evTS’s vehicles and fleet-management solutions designed to provide environmentally friendly platform
  • New 2021 FireFly ESV model offers attractive updated features, upgrade options

The election of a new pro-EV president, and an agreement to sell its all-electric utility vehicles through a group purchasing program, represents significant potential for ev Transportation Services. Founded in 2015, the company’s focus on its electric vehicle (“EV”) manufacturing mission could be seeing an impressive payoff in the coming months.

President-elect Joe Biden, who will be sworn into office Jan. 20, 2021, is known as a car guy who sees EVs as the future of transportation. He has announced a Cash for Clunkers–type plan that offers incentives to trade in less-efficient vehicles for America-made EVs. He has also stated that he wants to replace the government’s fleet of vehicles with EVs (https://ibn.fm/uXtpB).

In tandem with the nation’s political transition, evTS has reached an agreement with the metropolitan Boston-area Metropolitan Area Planning Council (“MAPC”) and the Greater Boston Police Council (“GBPC”) to offer its EVs for sale (https://ibn.fm/AhXRx). The agreement authorizes the company’s FireFly ESV all-electric commercial utility vehicles to be sold under the agencies’ Group Purchasing Program contract for 2021 within the 101 cities and towns of the metropolitan area.

“We are excited to include an electric vehicle manufacturer (‘evTS’) from Massachusetts in an MAPC Public Works and Public Safety Cooperative Purchasing Program for the first time,” said MAPC Director of Municipal Collaboration Mark Fine.

The company’s all-electric, light-duty commercial vehicles and fleet-management solutions provide an environmentally friendly platform using the safest lithium-ion battery technology available. They have a robust suspension design and are capable of quickly reaching speeds up to 50 mph, while still remaining highly maneuverable in tight urban situations.

In September evTS also announced its new 2021 FireFly ESV model as an upgrade to previous vehicles. The updated version will feature additional leg room and a larger door for easier access. The added features are part of an improved in-cabin experience with a modernized feel (https://ibn.fm/4TrRz).

evTS utility vehicles are fully street legal and designed to serve a wide range of functions. The company notes that its Firefly vehicles are ideal for parking management, security and perimeter patrol, parks and sidewalk maintenance, utility meter reading, property and building management, and use at airports, seaports, and university and corporate campuses. In addition, the vehicles are perfect for last mile on-demand urban delivery for shipped packages hot or cold foods and other retail products.

The 2021 model also offers upgrade features such as in-vehicle Wi-Fi and an internet-accessible vehicle-management system to allow remote diagnostics. This is on top of the FireFly ESV’s automated performance monitoring that includes low-battery warnings and other alerts. The ESV’s customizable modular design allows it to be adapted to varying service industry needs, and the 2021 model adds new rear-bed accessory options for further possibilities. Those may include an electronic lift dump, a refuse hauler, a van box, a utility bed with locking compartments and ladder racks, and other cleaning, sweeping or watering accessories that give it an advantage over the competition.

evTS is strengthening its position at an ideal time. The essential services transportation and urban mobility markets represent an annual domestic replacement market of approximately 100,000 vehicles, or roughly $2.5 billion annually, according to the company.

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

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

CannAssist International Corp.’s (CNSC) Proprietary Technology Offers Superior Absorption, Efficacy

  • Imperial College of London review suggests that cannabis-based medicinal products offer significant relief from intractable epilepsy
  • CNSC produces proprietary CBD products under the Xceptol brand that are created with branded Technology CiBiDinol that increases absorbability, bioavailability, shelf life
  • Third-party Xceptol testing shows 300% increased gut absorption, 400% increased skin penetration when compared to mainstream CBD oil products
Researchers from the Imperial College of London recently conducted a review that examined the impact of cannabis-based medicinal products containing cannabidiol (“CBD”) on the frequency of epileptic seizures and determined that they offer patients significant relief from intractable epilepsy (https://ibn.fm/TDwpd). As scientific evidence supporting the use of CBD becomes mainstream, concerns about absorbability, shelf life and bioavailability continue to mount. CannAssist International (OTCQB: CNSC) is dedicated to addressing these problems through the creation of CBD products using their branded technology CiBiDinol specifically created to overcome these critical issues.  Marketed under the Xceptol consumer brand, CNSC’s line of products promise increased efficacy, absorption and bioavailability for superior results and efficiency per dose. Treating epilepsy using CBD is not a new phenomenon. One of the best-known cases dates back to 2012 and concerns Charlotte Figi, a little girl who suffered up to 300 grand mal seizures per week that kept her confined to a wheelchair. The use of CBD oil to treat her condition reduced the number of seizures to 2-3 per month and sparked the medical marijuana movement that catalyzed the lifting of prohibitions on cannabis-based products throughout the United States (https://ibn.fm/dy5YL). The Imperial College of London review mirrors those results through a study that reported a 97% reduction in the monthly frequency of seizures when patients received whole-plant extract cannabis treatment. “Patients and their families deserve better, so we implore policy makers, regulators and public health bodies to prioritize the health of these individuals and help them to access in the NHS medicines which are making a dramatic improvement to their lives,” said Rayyan Zafar, a Ph.D. candidate in the Department of Brain Sciences at the Imperial College of London (https://ibn.fm/NIb3h). Quality is a primary concern among consumers of CBD, particularly as it enters the mainstream to include new users across a wide range of demographics. CNSC uses a quality-focused proprietary process where CBD molecules are combined with penetration-enhancing cyclodextrin in order to modify the surface of the molecule and render it water dispersible. Besides enhanced potency, Xceptol products were found via third-party testing to have a 400% increase in skin penetration along with a 300% increase in the rate of gut absorption when compared to regular oil-based CBD (https://ibn.fm/PgOMt). Established in May 2017, CannAssist is headquartered in San Diego, California. The company’s Xceptol products are also sold online through the Range Me product marketplace and multiple international sales channels that include Central America, South America, South Africa, the EU, the UK and the Philippines. For more information, visit the company’s website at www.CannAssistInternational.com. NOTE TO INVESTORS: The latest news and updates relating to CNSC are available in the company’s newsroom at https://ibn.fm/CNSC

EV Battery Costs Down Nearly 90%, Net Element Inc. (NASDAQ: NETE) Upshifting into EV Industry via Mullen Technologies Merger

  • Recent industry report suggests that EV battery costs are down nearly 90%
  • Analysts predicting that falling EV battery prices will make EVs cost-competitive in several years
  • NETE planning to divest its current business model in order to enter EV industry through reverse merger with privately-held Mullen Technologies Inc.
  • Mullen currently taking pre-orders for five-passenger MX-05 SUV, Dragonfly K50 sports car

Rapidly falling electric vehicle (“EV”) battery prices are fueling predictions that it will be easier and cheaper to build and market EVs within a few years (https://ibn.fm/MYD7s). In a bold move aiming to leverage these changing market conditions, Net Element (NASDAQ: NETE), a global financial technology and payments processing company, is planning to divest its payments processing model so it can enter the EV industry through a proposed reverse merger with Mullen Technologies, a privately-held California-based EV manufacturer.

The EV industry continues to grow by leaps and bounds, and research suggests that EVs may eventually dominate gas-powered cars in many sectors (https://ibn.fm/dr6cA). While government mandates, policy-initiatives and consumer preferences are pushing demand higher, falling battery prices are expected to make EVs economically feasible on the supply side in the next few years.

The effect of falling battery prices appears to be contributing to industry momentum, fueled by recent surveys that suggest costs have decreased by nearly 90%. Analysts predict that battery costs are likely to continue falling and may reach a point where manufacturers will be able to make and sell mass-market EVs at the same cost as cars that are powered by fossil fuels.

Before most of this news hit the mainstream, NETE took action in early 2020 by announcing plans to divest itself of its current business model in order to enter the EV industry through a reverse merger with privately-held Mullen Technologies. Following the required approvals, the transaction will allow Mullen stakeholders to obtain the majority of stock in the new company while also catalyzing the process of taking the company public.

“We continue working diligently in an effort to finalize the Mullen merger for the benefit of our shareholders,” said Net Element Executive Chairman Oleg Firer (https://ibn.fm/VRO4m).

Through its subsidiary Mullen Energy, Mullen Technologies is currently engaged in innovating its own battery technology in addition to taking pre-orders for its five-passenger MX-05 SUV and Dragonfly K50 sports car. Following the merger, the company is planning to build and lease 1.3 million square feet of assembly and manufacturing space in Washington while expanding its industry footprint through subsidiaries that include Mullen Auto Sales, Mullen Finance Corp., and a digital marketplace called CarHub.

The EV industry continues to make headlines throughout the world as governments continue to mandate carbon-neutral transportation policies. As the industry continues to ramp up in terms of investor interest and stock valuations, NETE’s plan to enter the EV industry appears to be the right decision at precisely the right time.

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

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

Clean Power Capital Corp. (CSE: MOVE) (OTC: MOTNF) (FWB: 2K6A) Enhances Investment Profile with CSE Indices Placement, NASDAQ Strategy

  • British Columbia-based investment holding company Clean Power Capital Corp. is building a focused strategy for helping the hydrogen energy renewables sector to develop at a critical juncture in its history
  • Clean Power recently announced its appearance on the Canadian Securities Exchange has been enhanced by listing on two of the CSE’s indices — the CSE Composite Index (R) and the CSE25 (TM) index
  • Clean Power Capital is also examining the potential for uplisting to the NASDAQ exchange as part of the company’s strategy for building investment interest in the United States
  • The company’s U.S. strategy was bolstered during the past year when it obtained a 90 percent controlling interest in U.S. company PowerTap Hydrogen Fueling, a key part of its renewables portfolio
  • PowerTap appointed the CEO founder of leading global renewables company Amp Energy to the company’s advisory board recently to improve that company’s growth strategy
Holding company Clean Power Capital (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF) is receiving increased attention to its mission of shepherding health and renewable energy enterprises toward their growth potential thanks to Clean Power’s entry on two Canadian Securities Exchange indices — the CSE Composite Index (R) and the CSE25 (TM) index. The CSE is an alternative exchange dedicated to micro-cap and emerging companies. Clean Power’s entry on the Composite Index grants it a place of recognition among about 75 percent of the equities on the CSE, particularly those in the Life Sciences sector. The entry on the CSE25 index offers even higher visibility, placing Clean Power among the top 25 companies by market capitalization on the exchange (https://ibn.fm/ax4YR). “It is an honour for the Company to be added to any major index at such an early stage, let alone for it to rank in the top 25 of such an index by market capitalization,” CEO Joel Dumaresq stated as part of the announcement. “Some of North America’s most innovative companies are traded on the CSE, and we are proud to be among leading firms in life sciences, technology, and diversified industries who comprise the CSE Composite Index (R).” Clean Power is examining the possibility of listing common shares on the NASDAQ exchange in the United States to further improve its attractiveness to investors (https://ibn.fm/QMXMG). The establishment of a strategic committee to develop a new capital markets plan focused on the United States demonstrates the company’s determination to move its prospects forward at a pivotal time; the transition of government in the United States to President-elect Joe Biden’s administration signals a new shift toward clean energy policies (https://ibn.fm/7c7QU) such as those promoted by Clean Power through its investments. One key element of Clean Power’s portfolio is its push for an ownership stake in PowerTap Hydrogen Fueling Corp. this year, obtaining 90 percent of the company through the issuance of 106.2 million common shares in Clean Power’s capital to PowerTap’s shareholders under an 18-month escrow release program (https://ibn.fm/g5Bc2). Clean Power believes hydrogen-fueled vehicles have significant advantages over battery electric, gas and diesel vehicles when it comes to their driving range, fueling time and cost per mile, and that hydrogen is due for wider scale public adoption. The company’s acquisition announcement cites industry reports predicting hydrogen will be a $130 billion industry by 2030 in the United States supporting 700,000 jobs. PowerTap reported a new development Dec. 30 when it named the CEO founder of leading global renewables company Amp Energy, Dave Rogers, to PowerTap’s advisory board (https://ibn.fm/5e4o6). “The global energy transition is in full swing and hydrogen will play a critical role in the future as we move away from fossil-based generation and transportation,” Rogers stated as part of the announcement. “The proprietary PowerTap technology provides critical and unique advantages over the rest of the field, which is why I’m particularity excited about helping the company grow rapidly over the coming years.” PowerTap’s proprietary tech strategy consists of using its onsite steam methane reforming (SMR) hydrogen production and dispensing modular units to build a strong network of hydrogen fueling stations throughout California before phased expansion across the United States. The IP’s modular design allows the station technology to be mass produced, to be easily upgraded with new tech developments, and to be relocated as circumstances require. For more information, visit the company’s website at www.CleanPower.Capital. NOTE TO INVESTORS: The latest news and updates relating to MOTNF are available in the company’s newsroom at https://ibn.fm/MOTNF

Josemaria Resources Inc. (TSX: JOSE) (OTCQB: JOSMF) Project Potential Acquisition for One of World’s Largest Gold Mining Companies

  • JOSE’s Josemaria Copper-Gold Project makes list of possible acquisitions as Barrick Gold eyes expansion into copper space
  • Barrick CEO calls copper “fantastic asset and very strategic”
  • Article notes that JOSE property has proven probable reserves of 6.7 billion lbs. of copper, 7 million ounces of gold, 30 million ounces of silver
Josemaria Resources (TSX: JOSE) (OTCQB: JOSMF), a natural resources company that is offering an advanced-stage copper-gold deposit project located in Argentina, is on a short list of potential acquisitions Barrick Gold may be looking at, according to a “Dear Retail” article (https://ibn.fm/brYUr). The article notes that Barrick currently owns a copper mine in Zambia as well as interests in two additional projects, one in Chile and one in Saudi Arabia. However, the company’s copper output is relatively small and certainly “no match for copper giants like BHP, Glencore, Freeport-McMoran and Anglo American.” The article, titled “Why Barrick Gold (NYSE: GOLD) Could Acquire These Copper-Gold Projects,” notes that Barrick Gold president and CEO Mark Bristow, who joined the company in early 2019, sees a tremendous value in copper. “As gold miners, we’re going to have to take on other assets, and copper is a good thing to own,” Bristow said earlier this year (https://ibn.fm/SFEFE). “It’s a fantastic asset and very strategic.” Bristow has spoken openly of his plans to expand the company’s copper business. The “Dear Retail” article reports that “with proven probable reserves of 6.7 billion lbs. of copper, 7 million ounces of gold and 30 million ounces of silver, Josemaria is a large-scale, undeveloped deposit in Argentina’s pro-mining San Juan province that is expected to begin commercial production in 2026. Barrick has history with both San Juan and the Lundin Group – Josemaria is not far from the Lundin Group’s previous discovery, the Veladero gold deposit, which was acquired by Homestake Mining after the Lundins fought off a hostile bid by Barrick, who later bought Homestake in order to gain ownership of Veladaro.” Josemaria recently presented at the Metals & Mining Live Virtual Investor Conference, where company leaders provided an update of its wholly owned Josemaria copper-gold mining project, the Josemaria Copper-Gold Project. Based on a company feasibility report (https://ibn.fm/QdrkS). the Argentina-based mine is forecast to generate an average annual production of 136,000 tonnes of copper, 231,000 ounces of gold, and 1,164,000 ounces of silver over its 19-year life span. Bristow’s interest in copper — and potentially Josemaria — certainly makes sense. Forecasts for copper production at the Josemaria mine are equal to almost 1% of the annual global supply (https://ibn.fm/o9RH1). This projection makes the mine an attractive target, especially in light of the fact that copper’s electrical and thermal conductivity make it essential to the production of electrical conductors, switches, transformers and wiring. “Analysts have said that in order to compete with this group of companies, the most logical option would be for Barrick to make a major acquisition, and we would wager that Bristow is thinking along the same lines,” the article states. “Barrick is well positioned to make such a strategic acquisition. The strength of gold prices in 2020 has helped it to pay down debt and improve its balance sheet, and in an earnings call with investors in May, Bristow said this year offered a ‘dynamic M&A environment.’ . . . . This industry needs to consolidate, and it needs to consolidate with assets that are related, that are not disparate. . . and copper and gold have a close association.’” Josemaria Resources is a Canadian natural resources company based in Vancouver, British Columbia. The company’s current focus is on advancing the development of its wholly owned Josemaria copper-gold mining project. Josemaria Resources is part of the Lundin Group of companies, a conglomerate of 13 business entities operating in the mining, oil and gas and renewables sectors around the world. For more information on Josemaria Resources, visit the company’s website at www.JoseMariaResources.com. NOTE TO INVESTORS: The latest news and updates relating to JOSMF are available in the company’s newsroom at https://ibn.fm/JOSMF

Brain Scientific Inc. (BRSF) One of Ten Companies Featured in Global Brain Diagnostics Devices Industry Report

  • Market expected to progress at CAGR of 9% until 2024, driven by technological advances and the integration of software and analytical tools in brain monitoring devices.
  • North American market continues to dominate.
  • As a company revolutionizing brain diagnostic devices market, BRSF seems ideally positioned within thriving market.
A recently published report on EEG and EMG devices market shows that the global brain monitoring market is expected to progress at a CAGR of 9%, increasing by more than $740 million from 2019 to 2024 (https://ibn.fm/qinVW). The report highlights that the market is fragmented with several players occupying the market share; the report goes on to feature Brain Scientific (OTCQB: BRSF) as one of 10 companies relevant in the EEG and EMG devices market globally. The report aims to provide a holistic update to EEG and EMG devices market size offering and provide relevant insights into industry trends and forecasts. Among its findings, the report suggests that the overall impact of the COVID-19 pandemic will be positive on the health-care sector as the industry is expected to register higher growth rate compared to the global economy. The robust growth of the EEG and EMG devices market, reaching approximately 8.4% in 2020, is mainly generated by the North American market, which tallied 40% of the total.  The study expects the main driving forces for the robust growth of the market — the technological advances and the integration of software and analytical tools in brain monitoring devices — to remain one of the major forces driving the EEG and EMG devices market growth over the next few years. The integration of software analytics with brain monitoring devices allows automation and standardization of complex monitoring procedures and is used for advanced processing and analysis of raw EEG data. This development aimed at improving patient experience and outcomes is expected to positively impact market growth. As a commercial-stage, healthcare company providing novel solutions that modernize brain diagnostics, Brain Scientific looks to be ideally positioned to capture the robust growth of the EEG and EMG devices market expected over the next several years. BRSF has developed two easy-to-use, FDA-cleared products: the NeuroCap(TM), a flexible head cap for conducting electroencephalography, and the NeuroEEG(TM), a modern, portable, user-friendly EEG amplifier. Together these two offerings provide cost-effective and disposable substitutes to existing slow, expensive and cumbersome EEG devices, allowing any medical professional to apply EEG in five minutes or less. Featured in the brain diagnostics market report, Brain Scientific looks to be leading in the growing industry. The company is currently focused on the North American market, which is expected to drive growth over the next several years. With its technology road map, which includes the development of AI-assisted diagnostic analysis to increase neurologist efficiency, consistency and accuracy, BRSF seems in a good place to leverage the momentum of the novel EEG diagnostics market. For more information, visit the company’s website at www.BrainScientific.com. NOTE TO INVESTORS: The latest news and updates relating to BRSF are available in the company’s newsroom at https://ibn.fm/BRSF

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