Stocks To Buy Now Blog

Stocks on Radar

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Forward Looking Statements

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Nickel Market Dynamics and the Strategic Position of Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF)

  • Indonesia’s shift away from Chinese nickel operations opens opportunities for Canadian companies to fill supply gaps
  • Fathom Nickel’s strategic projects in Saskatchewan position it as a key player in North America’s nickel supply
  • With nickel prices under pressure short-term, long-term demand for these critical minerals supports Fathom’s promising exploration assets

In August 2024, nickel prices briefly surged due to short covering and favorable U.S. economic data, but this gain was swiftly reversed as LME nickel stocks increased. This volatility highlights the complex dynamics in the nickel supply chain, influenced significantly by major players such as China and Indonesia. Despite short-term fluctuations, the nickel market is under pressure from oversupply, with prices expected to remain low through the year. However, the long-term outlook remains quite promising, driven by increasing demand for critical minerals among the green transition and evolving technologies.

Indonesia, a leading global nickel producer, is strategically adjusting its market position by reducing Chinese ownership in its nickel projects. This move aims to qualify for U.S. tax credits under the Inflation Reduction Act (“IRA”), which seeks to exclude electric vehicles containing critical minerals sourced from “foreign entities of concern” like China. With Chinese firms dominating over 90% of Indonesia’s nickel smelting capacity, this shift is vital for attracting diversified international investment.

In this evolving market landscape, Canadian companies like Fathom Nickel are well-positioned to capitalize on the growing demand for nickel. Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF), an exploration company focusing on magmatic nickel-copper-cobalt sulphide discoveries, is actively supporting the development of critical mineral supplies for North America. The company’s portfolio includes three high-quality exploration projects located in the prolific Trans-Hudson Corridor in Saskatchewan: the Albert Lake Project, the Gochager Lake Project, and the Friesen Lake Project.

The Albert Lake Project spans over 90,000 hectares and is notable for its historic Rottenstone Mine, which produced 28,724 tons of nickel at 3.3% Ni from 1965 to 1969. The Gochager Lake Project covers more than 22,000 hectares and hosts a historic, non-compliant open-pit resource of 4.3 million tons at 0.295% Ni and 0.081% Cu. The Friesen Lake Project, situated 40 kilometers southwest of Rottenstone and 30 kilometers northwest of Gochager Lake, encompasses over 10,000 hectares.

These projects collectively position Fathom as a key player in securing North American nickel supplies, especially as the global demand for these minerals continues to rise and supply chains are reconfigured due to their vast convention.

The strategic positioning of Fathom aligns with the broader market dynamics and geopolitical shifts. As the U.S. seeks to reduce its dependence on Chinese critical mineral supplies, Canadian exploration projects like those of Fathom become increasingly valuable. By developing domestic sources of high-quality nickel, Fathom supports both the growth of their markets, and the critical minerals supply chain. With the global transition, Fathom’s projects offer compelling opportunities for investors looking to support sustainable and strategically important resources.

Overall, while the nickel market faces short-term volatility, the long-term outlook is buoyed by the increasing demand for nickel, copper and cobalt in cleaner technologies. Canadian companies like Fathom, with their significant domestic projects, are well-positioned to play a crucial role in meeting this demand and securing a stable supply of critical minerals for North America.

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

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

NY Cannabis Insider Completes Successful NY Conference

The NY Cannabis Insider conference was hosted at the Crowne Plaza, The Desmond Hotel, in Albany, New York, on September 25, 2024. The state’s premier cannabis event saw a great turnout of over 100 enthusiasts, entrepreneurs, marketers, traders, attorneys, and consultants, from throughout the cannabis industry.

The entry ticket covered all access to the all-day conference, happy hour and lunch, entry to the vendor fair, and offered wonderful opportunity to connect directly with leaders in the cannabis industry. Select vendors arranged for complimentary consultation sessions for attendees.

With evolutions imminent in the cannabis industry, the NY Cannabis Conference provided a powerful forum where thought leaders, giant investors, cannabis professionals, and traders could gather, interact, and discuss the new regulations, trends, upcoming technologies, and cover several points that will pave the way for the future of the cannabis trade. The conference also saw several new collaborations and alliances impacting different aspects of the cannabis industry.

Sponsors and vendors showcased their ideas and products and made important industry connections. Attendees got a chance to get their queries answered by the experts. 

Some industry topics that were discussed at length include:

  • The state of NY cannabis
  • How nationwide legalization could affect U.S. cannabis cultivation
  • Branding via community
  • Collaborating for success
  • Opportunities for innovation in the medical market
  • Playing devil’s advocate with medical market

The NY Cannabis Insider conference hosted panel discussions throughout the day listening, interacting, and sharing insights from all quarters ranging from current retailers including CAURD and SEE participants to AUCC/AUCP licensees, legacy operators, and more. Industry dignitaries graced the event presiding over the speaker sessions. They shared their wisdom and unique experiences on relevant topics that impact the cannabis industry.

To learn more about the conference, visit https://ibn.fm/45KLC. For more information, follow NY Cannabis Insider on LinkedIn for important industry news and event announcements.

Social Media Strategies Summit, Senior Level Marketing – Virtual Event

Social media enthusiasts, strategists, content creators, and business owners, are all invited to attend the virtual Social Media Strategies Summit, Senior Level Marketing event. The event will be held from October 23, 2024, through October 25, 2024. Top industry leaders will be there to share detailed strategies for helping brands grow and succeed. The event will cover every aspect that affects a brand’s social media presence. Acknowledged professionals like Maya Wasserman and David Velez will address participants, with every session uniquely designed for an overall holistic approach.

Why Attend?

  • Understand the fundamentals of groundbreaking strategies that provide success to a brand.
  • Scrutinize the brand’s efficacy to stay competitive and relevant.
  • Gain unique insights and expertise on a range of important topics.
  • Access to cross-industry case studies.
  • Learn how to understand and define your audience better.
  • Make use of a variety of tools and resources to create relevant and fresh strategies time and again.

With more than 20 senior-level executive leaders as speakers, this forum aims to offer comprehensive and robust social media strategies. Industry experts such as Maya Wasserman (Sony), David Velez (Amazon Web Services), and Katie Yun (Nationwide) will offer key points to success.

The pre-summit will be held on October 23, where seasoned trainers Efri Dereje (Senior Marketing Manager at Gebeya) and Brenton Thomas (Founder of Twibi) will hold small-group 3-hour sessions and conduct workshops on content creation and GA4 and GTM. This pre-summit can be added to the general summit registration for an additional fee.

The Social Media Strategies Summit is virtual, allowing participants from across the globe to gather proficiency and boost their related businesses and services.

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

SuperCom Ltd. (NASDAQ: SPCB) Makes New Inroads with Monitoring Technology Contract Win in NY

  • Israel-based security technology solutions company SuperCom Ltd. specializes in providing electronic monitoring (“EM”) technology and services to law enforcement and criminal justice agencies to provide them lower-cost alternatives to incarceration for low-risk offenders and other monitored individuals, such as domestic violence suspects
  • SuperCom recently reported a contract win in a New York county it has not served previously, marking the latest evidence of product and service placement growth in the United States and Europe, including recent contracts in New York, Maryland, and West Virginia
  • The company anticipates that fulfillment of the contract may lead to additional contract opportunities in neighboring communities not currently served by SuperCom
  • Market analysts anticipate that the EM market sector will grow at a CAGR of 7.2 percent between now and 2028 to achieve a combined value of $2.3 billion in North America, Europe, and Latin America

As the market for electronic monitoring (“EM”) products and services grows within the public safety technology sector, EM technology innovator SuperCom (NASDAQ: SPCB) is experiencing increasing contract wins both in the U.S. and Europe.

SuperCom’s latest new contract announcement involves service to an undisclosed New York county government agency seeking the company’s advanced electronic monitoring solutions for more reliable public safety. It’s SuperCom’s first time providing service to that county. “We have been actively executing our strategy to expand our footprint within the US market, targeting key regions where our advanced electronic monitoring solutions can provide substantial value to government clients,” SuperCom President and CEO Ordan Trabelsi stated in a Sept. 18 news release (https://ibn.fm/Evk2D). “Given the nature of our industry, once we enter a new region with a first contract, it becomes easier to secure additional new ones in areas close by.” 

Analysts at research agency Markets and Markets predict the global public safety and security market will grow from $520.8 billion this year to $878.2 billion within the next five years at a CAGR of 11 percent, driven by threats such as crime and terrorism (https://ibn.fm/FXrc1).

Earlier this year, digital magazine The AI Journal reported on Research and Markets’ more specific sector forecast — EM market growth from $226 million in Europe, $1.3 billion in North America, and $76 million in Latin America to a combined value of $2.3 billion by 2028 at a CAGR of 7.2 percent (https://ibn.fm/NaZln).

That report notes that the average daily caseload of monitored individuals in Europe, North America, and Latin America amounted to about 64,000, 518,000, and 130,000, respectively, last year and are expected to increase to 94,000 in Europe, 680,000 in North America and 239,000 in Latin America by 2028. 

SuperCom’s PureSecurity suite is a comprehensive public safety solution that leverages advanced 21st-century technology to monitor the movements of convicted criminals, suspects, and drug treatment participants, tailored to the needs of the company’s clients.

The EM solution allows individuals considered low-risk to society to be reintroduced to normal societal situations, such as work and family interactions, while also allowing criminal justice officers the flexibility of seeking lower-cost solutions than incarceration where appropriate. 

EM solutions have also been shown to help reduce recidivism and, through renewed social interactions, to increase positive behaviors. 

“Our calculations suggest that the social benefits stemming from EM are about seven times larger than the fiscal savings associated with reduced prison expenditures, implying that the welfare gains from EM could be much greater than previously acknowledged,” research analysis published by the Journal of Public Economics earlier this year states (https://ibn.fm/cezuI).

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

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

Renforth Resources Inc. (CSE: RFR) (OTCQB: RFHRF) Looking to Seize Opportunities in Growing Battery-Minerals, Gold Sectors

  • The dual focus on battery minerals and gold presents unique opportunities and challenges for Canada-based mining companies.
  • Renforth Resources is emerging as a noteworthy player in both the gold and battery-mineral spaces.
  • The company is actively advancing efforts through exploration activities.

Canada has long been recognized as a mining powerhouse, with its vast natural resources playing a crucial role in the economy. Among these resources, gold and battery minerals are gaining prominence as global demand surges. Renforth Resources (CSE: RFR) (OTCQB: RFHRF) is an active mineral-exploration company engaged in mining’s growing exploration and development space.

The rise in electric-vehicle production and renewable-energy technologies has led to an increased focus on battery minerals, such as nickel, copper and cobalt, while gold remains a key asset in times of economic uncertainty. This dual focus presents unique opportunities and challenges for mining companies across the country.

The demand for gold has traditionally been driven by its status as a safe-haven investment, especially during economic downturns or geopolitical instability. Canada, with its rich deposits and stable mining regulations, has positioned itself as a favorable jurisdiction for gold mining. In 2022, Canada produced approximately 204 metric tons of gold, making it one of the top producers globally (https://nnw.fm/eyRiF).

In parallel, the battery-minerals sector is experiencing explosive growth, primarily fueled by the global shift toward electric vehicles (“EVs”) and renewable-energy solutions. The International Energy Agency (“IEA”) projects that demand for minerals used in batteries could increase up to 30 times by 2040, creating a substantial opportunity for mining companies (https://ibn.fm/YViCd). Canada’s geological diversity means it is home to significant deposits of these essential minerals, including nickel and copper, which are critical for the next generation of energy-storage technologies.

Amid these trends, Renforth Resources is emerging as a noteworthy player in both the gold and battery-mineral spaces. Based in Ontario, the company is strategically positioned to capitalize on the growing demand for these resources. Renforth has focused its efforts on expanding its mining operations and exploring new opportunities in both sectors.

Renforth’s flagship project, the Parbec Gold Project, is located in the world-renowned gold-mining region of Malartic. This project holds a significant indicated near-surface gold resource, accompanied by additional inferred ounces. Renforth has been actively advancing exploration efforts, aiming to further expand this resource through additional drilling and exploration activities. The company is committed to utilizing sustainable mining practices, ensuring minimal environmental impact while maximizing resource extraction.

In addition to gold, Renforth Resources is exploring opportunities in battery minerals. The company is investigating large-scale multi-metals occurrence in the same region, recognizing the growing demand for contained critical minerals such as nickel, copper and cobalt. By diversifying its portfolio to include both gold and battery minerals, Renforth aims to create a robust business model that capitalizes on the strengths of both markets. The company is well on its way to becoming a significant contributor to Canada’s mining industry.

Renforth holds a dominant brownfield land position south of the world-class Cadillac-Larder Lake Fault in the prolific Cadillac and Malartic mining camps of Quebec’s Abitibi. Offering exposure to gold, zinc, nickel, copper, cobalt and more, including the presence of lithium which Renforth has not discovered the source of, Renforth’s land position encompasses several areas of interest. 

For more information about the company, visit www.RenforthResources.com.

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

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