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Amid Record Market Highs, 2,500+ Investors Seek Timely Guidance in Toronto

More Than 60 Top Financial Experts Converging on the Metro Toronto Convention Centre North from Sept. 13-14 for MoneyShow’s “Outlook 2024-2025: Politics, Policy, & Profits” Conference

Canadian investors have had several reasons to celebrate in 2024. They include new stock market highs at home and abroad…strength in select commodities, including a move to record highs in gold…and interest rate cuts now underway domestically and globally.

Yet many questions remain. How will potential political regime shifts in Canada and the U.S. over the coming year impact their portfolios? What will changes in tax law and government programs mean for stocks and bonds? How many more times will the Bank of Canada cut rates – and what will that mean for key commodities and real estate markets?

At the MoneyShow Toronto, attendees will get the answers to all those questions and more – from dozens of North America’s leading money managers, market strategists, economists, trading educators, and acclaimed authors and columnists. They will also receive insights, guidance and recommendations for their stocks, ETFs, options, commodities, real estate, cryptocurrencies, and more.

Select keynote speakers include Larry Berman, Raghav Mehta, Eric Nuttall, Prerna Mathews, Dylan Smith, Brian Belski, and Peter Boockvar. They represent firms such as ETF Capital Management, Fidelity Canada, Ninepoint Partners LP, Mackenzie Investments, Rosenberg Research, BMO Capital Management, and Bleakley Financial Group.

More than 2,500 individuals have already registered to attend. They will enjoy two full days of presentations, panel discussions and workshops like “Stocks, Commodities, & the Economy: Where Things Stand, Where We’re Headed”…“Our Energy Realities and the Multi-Year Bull Market in Energy Stocks”…“The Only Way Is Down: Positioning for the Next Phase of the Cycle”…“Investing in the Growth Engine of the World—The Technology Arena”…and “How to Use Social Sentiment to Profit in Markets.”

MoneyShow will also host an interactive and entertaining TSX closing bell ceremony Friday, Sept. 13, sponsored by the TMX Group Ltd. (TSE: X). Plus, financial advisors will have access to a special conference track of FA-focused workshops, produced in conjunction with the Financial Planning Association of Canada and MoneySense.

The 2024 MoneyShow Toronto

Theme: Outlook 2024-2025: Politics, Policy, & Profits

Organizer:  MoneyShow

Start: Sept. 13, 2024, 9:25 a.m. Eastern

End: Sept. 14, 2024, 5:15 p.m. Eastern

Address:

Metro Toronto Convention Centre North

255 Front Street West

Toronto, ON

M5V 2W6

Price: FREE

Email: customerservice@moneyshow.com

Lexaria Bioscience Corp. (NASDAQ: LEXX) Yields “Extremely Interesting” Results for DehydraTECH(TM) Liraglutide in Ongoing Diabetes Animal Study

  • Lexaria, a global innovator in drug delivery platforms, has just announced its 4-week and 8-week blood glucose results from its WEIGHT-A24-1 animal study
  • Two formulations from the study posted outstanding performance, with each utilizing the company’s patented DehydraTECH(TM) technology
  • DehydraTECH-liraglutide (Group H) and two DehydraTECH-CBD formulations (Groups A & B) posted blood sugar level reductions of 2.50%, 1.90%, and 1.53%, respectively
  • These results build on the positive results from Lexaria’s 2023 DIAB-A22-1 animal study, which showed a 16.7% blood sugar concentration increase relative to baseline by day 56 for the obese control group that got no treatment

Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery platforms, just announced its 4-week and 8-week blood glucose results from its WEIGHT-A24-1 animal study (the “study”). This study will examine diabetes and weight loss effects of DehydraTECH-processed GLP-1 drugs and DehydraTECH-processed cannabidiol, alone and in combination . The ongoing study uses diabetic, pre-conditioned Zucker rats, falling in one of three study arms, with dosing lasting 12 weeks (https://ibn.fm/uuLLk).

Two formulations posted outstanding performance from the study as of day 56 – DehydraTECH-liraglutide (Group H) and two DehydraTECH-CBD formulations (Groups A & B). Most notably, they each posted blood sugar level reductions of 2.50%, 1.90%, and 1.53% respectively. DehydraTECH-liraglutide specifically saw a -2.08% change as of day 28 and a -2.50% change as of day 56 in what Lexaria’s management described as “extremely interesting.”

For Lexaria, these results build on the positive results from its 2023 DIAB-A22-1 animal study, which showed a 16.7% blood sugar concentration increase relative to baseline by day 56 for the obese control group that received no treatment. For the current study, each of the eight active groups of animals either experienced a smaller increase or an actual decrease in blood sugar level relative to baseline compared to the obese control group in the previous study.

The ongoing study featured eight groups. Groups A through D were administered with different DehydraTECH-CBD compositions. Groups E and F utilized reformulated Rybelsus DehydraTECH compositions, whereas groups G and G used pure glucagon-like peptide-1 (“GLP-1”) drugs semaglutide and liraglutide respectively in DehydraTECH compositions. Additional results from this study are expected soon. However, Lexaria’s management remains optimistic that it will replicate both the interim and previous results, ultimately demonstrating the superiority of its DehydraTECH technology.

The global diabetes treatment market was valued at $79.25 billion in 2023. It is projected that by 2032, it will have surpassed $153 billion in valuation, mainly influenced by the growing prevalence of the condition and the increasing demand for effective drug therapies (https://ibn.fm/1mEgi). For the longest time, treatment options have involved painful injections, which, to many, have been a source of discomfort and, to some, an outright deterrent. Lexaria looks to carve out a piece of the diabetes treatment market share by offering an oral alternative and is banking on its DehydraTECH technology to achieve that. Its previous and ongoing studies are a testament to its commitment to this goal and its pledge to creating shareholder value.

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

D-Wave Quantum Inc. (NYSE: QBTS) and NTT DOCOMO Leverage Quantum Optimization Technology to Boost Mobile Network Performance

  • A pilot project with Japan’s largest mobile service provider showed that the deployment of D-Wave’s annealing quantum computing solutions improved mobile network performance by 15%.
  • D-Wave’s hybrid solver was able to process a task in just 40 seconds, compared to 27 hours with a general-purpose solver.
  • The project demonstrated a significant reduction in signal congestion across base stations, which can potentially lead to more efficient transmission and cost savings.
  • This collaboration marks an important step in applying and further integrating quantum computing in telecommunications.

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 the results of a quantum optimization pilot project with Japan’s mobile phone operator NTT DOCOMO Inc. (“DOCOMO”), showing demonstrable improvements in mobile network performance (https://ibn.fm/JTeGD).

During the pilot program, DOCOMO, which is the largest mobile service provider in Japan with over 90 million subscriptions, found that decreasing paging signals during peak calling times by 15% can reduce congestion at base stations. This can potentially lead to improved efficiencies and lower infrastructure costs.

DOCOMO used D-Wave’s annealing quantum computing solutions to optimize base station tracking areas that send paging signals and process extensive historical data on device movements between stations. This allows DOCOMO to predict future movement patterns and to determine the best combination of base stations to maintain and re-establish connections as devices move between tracking areas.

“We anticipate that our quantum optimization strategy will further refine network efficiency, allowing us to maintain high-quality service without additional infrastructure investments as network traffic increases,” said Takatoshi Okagawa, director of research and development strategy at NTT DOCOMO. “With D-Wave’s hybrid quantum technology, we aim to set a new standard in the telecommunications industry for operational performance.”

The pilot project included demonstration experiments at base stations in Tokai, Chugoku and Kyushu areas, and results clearly showed D-Wave hybrid-quantum technology’s efficiency compared to classical methods. More specifically, a general-purpose solver took 27 hours to complete a task in the pilot, while D-Wave’s hybrid solver took just 40 seconds for the same task.

The pilot application used a large volume of log data to optimize groups of base stations that collectively send paging signals. The hybrid solver was able to predict the number of paging signals for all base stations’ combinations simultaneously, making it possible to determine the optimal tracking area in a very short time (https://ibn.fm/Ho42V). Tests showed that quantum optimization reduced paging signals by 15%, which allowed roughly 1.2 times more terminals to be connected during peak calling times. This can minimize the number of signals, offering a safety margin for base station resources and ensuring the stability of communication quality no matter how busy the network.

Following the pilot program, DOCOMO plans to deploy the annealing quantum computing solution into production at branch offices across Japan. The company is also exploring opportunities to apply quantum optimization across all of its business units, including finance, retail, traffic and logistics, and construction.

Commenting on the results of the program, Dr. Alan Baratz, CEO of D-Wave, explained that telecommunication companies are generally faced with increasing operational complexities, including shifting consumer demand and 5G implementation, and therefore need innovative solutions to maintain their competitive edge. “DOCOMO’s successful pilot sends a clear signal — that today’s quantum technologies are capable of solving telcos’ complex optimization problems, with the potential to elevate customer satisfaction, maintain network performance and mitigate rising infrastructure costs,” Dr. Baratz added.

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.

Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) Completes Perforation Program, Boosts Gas Production to 7.3 MMCF/d

  • SASB gas field is producing critical domestic supply of natural gas during Europe’s current energy crisis.
  • With all perforations now complete, West Akcakoca-1 is producing 2.8 MMcf/d using a 28/64 choke to ensure its high pressure will not back out other wells.
  • The next program phase aims to end this year with five development wells and one stratigraphic well, for a total of six producing wells.

Trillion Energy International (CSE: TCF) (OTCQB: TRLEF), a company focused on oil and natural gas production for Europe and Türkiye, has perforated all remaining gas pay in the SASB wells and has provided an update on production levels.

(The SASB gas field, which is located in the southwestern Black Sea, provides a domestic supply of natural gas to Türkiye, which is particularly critical during the current energy crisis that Europe is facing (https://ibn.fm/lGhIM).

“We have now perforated all remaining gas pay in the SASB wells,” said Trillion CEO Arthur Halleran. “We are pleased with the results. Installation of production tubing in the past required a jack-up rig, which was extremely expensive. However, we intend to run the new production tubbing without a rig using a snubbing unit, which is substantially cheaper and will provide a long-term production solution.”

The final set of perforations were on the West Akcakoca-1 well, resulting in strong pressure and initial gas flows (https://ibn.fm/6BUYL).

Trillion has previously reported on perforations of the West Akcakoca-1 well; this update notes that the well has now had the last three perforation intervals totaling 4 meters done. Previous delays caused by weather and equipment problems have been overcome, and the perforation program is now complete, with a total of five zones perforated.

Results for the perforation of West Akcakoca-1 note that the initial two perforated zones consisting of five meters of gas pay increased the well head pressure (“WHP”) from 1150 psi to 1350 psi, with the perforation of the subsequent three zones increasing WHP from 1350 psi to 1694 psi. Now, with all perforations complete, West Akcakoca-1 is producing 2.8 MMcf/d using a 28/64 choke to ensure its high pressure will not back out other wells.

“At this time, total combined production from the Akcakoca platform is 7.3 MMcf/d (100% interest), including the Guluc-2, West Akcakoca-1 and South Akcakoca-2 wells,” the company reported. “Production increases are expected as new tubing (velocity strings) are installed in the near future on additional wells.”

A conventional gas field located in the southwestern Black Sea, SASB consists of multiple conventional natural gas pools located in shallow water. The fields have produced more than 43 BCF since initial development began in 2007. Trillion began redeveloping the field in 2022 with a planned 17+/- well program; Phase B of the program outlines plans to end this year with five development wells and one stratigraphic well, for a total of six producing wells.

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

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

ECGI Holdings Inc. (ECGI) Enjoys Success of Allon Apparel Line Launch at AETA International Trade Show

  • ECGI Holdings recently reported on the success of its Allon equestrian apparel collection at the AETA International trade show
  • The Allon apparel line debuted at the trade show to a great reception by retailers and industry experts, with the company receiving positive feedback and praise for some of its designs
  • The launch included meticulously designed show coats, show shirts, breeches, safety vest covers, and jewelry, with each piece reflecting the Allon brand’s commitment to combining quality and luxury with functionality

Back in June, ECGI Holdings (OTC: ECGI), a diversified holding company with a portfolio encompassing viticulture and luxury fashion, announced that its subsidiary, Pacific Saddlery, had secured a spot at the American Equestrian Trade Association (“AETA”) International trade show. Renowned as the premier English lifestyle trade event, the AETA International trade show features industry products from leading manufacturers as well as retailers from around the world.

Leveraging the show’s status as a platform for the equestrian industry to conduct business with retailers, ECGI believed the show would be the perfect setting to introduce its new line of ready-to-wear equestrian apparel under Pacific Saddlery’s Allon brand. In addition, ECGI expected the trade show to drive significant interest and foster valuable connections within the equestrian community (https://ibn.fm/2tElQ).

With the trade show now ended, ECGI Holdings is reporting that its expectations were met, noting the success of its Allon equestrian apparel collection at AETA. The event, ECGI noted in a recent news release, drew significant attention from key retailers, providing an excellent setting for the launch of the Allon apparel line (https://ibn.fm/ELzmq).

Capturing the imagination of the attendees, the new line epitomized craftsmanship, innovative design, and style; it best illustrated Pacific Saddlery’s commitment to combining luxury and quality with functionality. The launch included a range of show coats, show shirts, breeches, safety vest covers, and jewelry, with the safety vest cover, in particular, earning much praise from both retailers and industry experts.

“The positive feedback we received, especially for our safety vest cover, reinforces our belief in the Allon brand. We are excited about the future and the role Allon will play in elevating the equestrian apparel industry,” said Jamie Steigerwald, CEO of ECGI Holdings.

ECGI believes the attendees’ overwhelming response to the new Allon apparel collection attests to its potential to redefine standards in equestrian fashion. Nick Collins, CEO of Pacific Saddlery, echoed this sentiment, saying, “Retailers are eager to bring our products to their customers and we are confident that the Allon line will set a new benchmark in the market.”

With analysts at Transparency Market Research observing that a focus on innovation and sustainability, coupled with the ability to deliver quality, functional, comfortable, and stylish apparel, is key to unlocking lucrative opportunities in the competitive equestrian apparel market, ECGI appears set on a course to future success. The company and its subsidiary aim to capture a share of this growing market, projected to reach $9.7 billion by 2031 from $6.0 billion in 2022 (https://ibn.fm/K2O1H).

ECGI also noted that Allon’s presence at the trade show resulted in the addition of several prestigious brands to Pacific Saddlery’s retail website. The listing of these brands is expected to significantly enhance the site’s offering, growing Pacific Saddlery’s status as a leading destination for luxury equestrian apparel, equipment, and accessories. The company expects to disclose details of these collaborations at a future date.

The company believes the successful launch of the Allon collection at the AETA trade show signals a bright future for the brand and the company. To facilitate the realization of this future and enable continued success, ECGI Holdings remains committed to delivering excellence and innovation as well as stylishly designed apparel that promises comfort and quality.

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

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

Astiva Health Inc. Unveils New Community Outreach Initiative to Enhance Senior Wellness, Access to Care

  • The company is leveraging its extensive network of local partnerships to bring healthcare services directly into communities it serves
  • Astiva is expanding network of activity centers, which are designed to be more than just places for medical care
  • Astiva Health recognizes that true wellness goes beyond treating illness; it requires a proactive approach to health
  • One of the pillars of Astiva Health’s approach to care is cultural responsiveness

As the landscape of healthcare continues to shift toward more community-focused and personalized care, Astiva Health is launching a comprehensive community outreach initiative aimed at improving wellness and healthcare access for seniors across Southern California. This initiative represents a significant expansion of Astiva’s commitment to addressing the unique needs of its growing Medicare Advantage Prescription Drug (“MAPD”) member base.

Empowering Seniors Through Local Partnerships

Astiva Health is leveraging its extensive network of local partnerships to bring healthcare services directly into the communities it serves. By collaborating with neighborhood pharmacies, grocery stores and local organizations, Astiva is ensuring that its members can access essential services in a familiar and supportive environment. This initiative not only improves accessibility but also strengthens the bonds between healthcare providers and the communities they serve.

Expansion of Activity Centers to Promote Holistic Health

As part of this outreach initiative, Astiva is expanding its network of activity centers, designed to serve as wellness hubs. These centers will offer seniors a variety of health and wellness activities, educational seminars and social events that foster community connections while providing information about their medical insurance and benefits. The expansion will introduce new locations in underserved areas, ensuring more seniors have access to these essential resources.

Culturally Tailored Healthcare Solutions

One of the pillars of Astiva Health’s approach to care is cultural responsiveness. This initiative will also emphasize the importance of delivering healthcare that respects and understands the diverse cultural backgrounds of its members. Astiva will continue to offer multilingual services and culturally relevant health education, ensuring that all members can navigate their healthcare journey with confidence and clarity.

Building a Healthier Future for Seniors

Astiva Health’s community outreach initiative is not only about expanding services, it’s about building a healthier future for seniors in Southern California. By focusing on accessibility, preventative care, mental health and cultural sensitivity, Astiva is setting a new standard for how healthcare should be delivered to the aging population. This initiative is a testament to Astiva’s dedication to creating lasting, positive change in the lives of its members and the communities it serves.

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

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

SuperCom Ltd. (NASDAQ: SPCB) Reports Growth in Recurring Revenues, including Inking of New EM Contracts with West Virginia Law Enforcement Agencies

  • Law enforcement agencies and court systems worldwide are increasingly turning to electronic monitoring (“EM”) solutions as a means of supervising non-violent criminal offenders without the escalating expense of incarcerating them in jail facilities
  • EM technology innovator SuperCom Ltd. is successfully marketing its PureSecurity technology suite as a superior RFID and GPS-powered solution for tracking electronically supervised individuals’ movements, recently reporting recurring contracts with multiple West Virginia sheriffs’ offices
  • SuperCom’s August report on Q2 financial gains also acknowledges recurring revenues from European government agencies served by its technologies — evidence of the company’s ability to fulfill the needs of its clients successfully
  • EM solutions are valued as a cost-saving means of providing community safety without incarceration while helping to reduce criminal recidivism and providing offenders the chance to continue working productively in society

Electronic monitoring (“EM”) and identification security solutions developer SuperCom (NASDAQ: SPCB) is increasing its recurrent contract revenue with the recent signing of agreements with multiple sheriff agencies throughout West Virginia for its monitoring technology.

The sheriffs’ offices in each of the state’s 55 counties provide constitutionally established law enforcement services that include serving as officers of their local court and jail infrastructures, helping to ensure that court-ordered judgments are enforced. The new SuperCom contracts leverage the company’s PureOne suite technology to provide robust monitoring solutions in rural areas where there is limited cellular communication coverage.

“These contracts highlight our dedication to innovation and our ability to meet the diverse needs of law enforcement agencies, especially in challenging environments,” SuperCom President and CEO Ordan Trabelsi stated in an Aug. 22 news release about the contracts (https://ibn.fm/esxeP). “The integration of PureOne’s advanced technology into these new contracts reaffirms our commitment to delivering adaptable and reliable solutions tailored to the unique needs of law enforcement agencies, particularly in rural regions with limited cellular coverage,” Trabelsi stated. “This ensures continuous and dependable service, which is essential for enhancing public safety and operational efficiency.”

SuperCom also recently secured recurring revenues and millions of dollars in new orders from European governments interested in the company’s EM tools for tracking criminal offenders. The contracts with West Virginia’s sheriffs underscore the company’s ability to successfully serve its clients with EM solutions tailored for monitoring individuals involved in justice systems throughout the United States as well as internationally.

EM technologies are being used with increasing frequency to improve judicial options regarding incarceration and associated alternatives. Offenders with a low likelihood for violence are more often allowed supervised probation within their communities as a means of reducing the financial needs of local justice systems while simultaneously aiming to reduce repeated criminal offenses of those being monitored.

Offenders and suspected offenders allowed to serve home detention have long been monitored by devices such as electronic ankle monitors. SuperCom’s technology improves on legacy solutions with RFID and GPS tracking technologies that can be worn in a covert manner to help reduce subjection to the social stigma those who are being monitored may experience at work or in their communities.

The technology is particularly adaptable to assist victims of domestic violence through monitoring of offenders’ movements and notifications via cell phone to identified victims.

SuperCom also provides solutions for a variety of traditional e-government and biometric identification services for border control, driver identification, and access to government benefits.

“Our strategic focus on cost optimization and capital management, combined with our innovative approach to technology deployment, has driven a significant turnaround in our bottom line,” Trabelsi stated when announcing the company’s Q2 financial results in August (https://ibn.fm/X30wN). “Our ability to reach gross profit margins of nearly 50% as we advance through various stages of our projects is a testament to the efficiency of our operations and the high-margin nature of our offerings.”

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

Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Ideally Positioned to Support Federal Efforts to Expand, Develop Critical Minerals Mining

  • The nation’s overreliance on foreign sources, adversarial nations for critical minerals and materials poses national and economic security threats, says report
  • If establishing critical mineral independence is truly a western goal, it is essential that North American nickel mines be discovered, developed
  • Fathom Nickel is focused on supplying critical minerals to support the new green economy

Early in the Biden-Harris Administration, a first-of-its-kind report was released providing a supply chain assessment for critical minerals that found the nation’s “overreliance on foreign sources and adversarial nations for critical minerals and materials posed national and economic security threats” (https://ibn.fm/QOB8b). The report provided several suggestions to rectify the situation, including working with partners and allies to diversify sustainable sources as well as focusing on expanding American mining, which North American-based mining companies such as Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) are working to provide.

If establishing critical mineral independence is truly a western goal, then it is essential that North American nickel mines be discovered and developed. This is becoming increasingly evident as the government’s efforts to work with partners and allies have hit significant roadblocks. A recent Asia Times article (https://ibn.fm/2QFeI) reported that during the 43rd ASEAN Summit in Jakarta last year, Indonesian President Joko Widodo and Vice President Kamala Harris discussed the potential for a U.S.-Indonesia Critical Minerals Specific Free Trade Agreement (CMS-FTA).

“This FTA would allow the U.S. to receive more Indonesian nickel for electric vehicle (‘EV’) batteries, enabling Indonesia to benefit from the tax incentives for EV purchases based on the Inflation Reduction Act, which the U.S. Congress passed in 2022,” the article reported. However, “Indonesia’s EV-fueled nickel industry has morphed into an ‘oligopsony,’ where Chinese buyers drive and dominate market dynamics.”

Consequently, following the summit, “nine U.S. senators sent out a bipartisan letter addressed to the U.S. trade representative, treasury secretary, energy secretary and commerce secretary expressing concerns regarding the CMS-FTA,” the Asia Times reported. “These include weak labor protections in Indonesia, Chinese dominance of its mining industry, environmental implications, and lack of community engagement among Chinese and Indonesian workers.

Indonesian policymakers should take this as a wake-up call to acknowledge and address the absence of beneficial environmental, social and governance practices in its nickel industry, including accounting for the role of Chinese investments.”

In the meantime, while Indonesia works out the challenges facing the CMS-FTA, the government must continue its efforts to support the development of North American mining of critical minerals and materials. Leading companies in this space, such as Fathom Nickel, could play a key role in the United States breaking free from Chinese dominance of essential minerals and supplies.

Fathom Nickel is an energy metals exploration company that is targeting high-grade copper, cobalt and nickel sulfide discoveries for use in the rapidly expanding electric-vehicle and green-energy markets. The company is focused exclusively on supplying critical minerals to support the new green economy, and currently holds two highly prospective nickel projects in Saskatchewan (Gochager Lake Project and Albert Lake Project). Albert Lakes Project is a past-producing, high-grade mine and a historic deposit with high-grade potential. Just recently. Fathom Nickel has significantly expanded the geochemical footprint of their historic Gochager Lake deposit area, increasing its size by up to 25 times. This expansion, revealed through recent exploration work, indicates a substantial enhancement in the potential scale of the deposit, suggesting a promising future ahead.

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

Torr Metals Inc. (TSX.V: TMET) Bolsters Board with Distinguished Industry Leader

  • Torr Metals has strengthened its board by appointing Gordon Maxwell, a highly distinguished geologist who brings nearly four decades of experience from major industry players like Noranda, Xstrata, and Glencore
  • Maxwell’s expertise in exploration and sustainable mining, along with his recognized contributions to Indigenous communities, aligns well with Torr’s values and project goals
  • The addition of Maxwell mirrors successful strategies by other mining companies that have enhanced corporate value by assembling diverse, experienced boards, positioning Torr Metals for future growth and value creation

Torr Metals (TSX.V: TMET) has made a strategic move to strengthen its board of directors with the appointment of Mr. Gordon Maxwell, P. Geo. This addition brings a wealth of experience and industry connections to the table, proving to be a valuable resource as Torr advances its copper-gold porphyry and orogenic gold projects within world-class Canadian mining districts.

A Career Steeped in Success

Maxwell boasts nearly four decades of experience in the global mining sector. His impressive resume includes leadership roles at industry giants Noranda Exploration, Xstrata, and most recently, Glencore. His extensive background complements the already impressive credentials of Torr Metals’ existing leadership, further enhancing their ability to maximize the potential of their projects with a deep understanding of exploration and development from a major mining company’s perspective.

Maxwell is a highly distinguished B.Sc. Hon. geologist from the University of Manitoba. His significant contributions to the Canadian mining industry have been recognized with prestigious awards, including the 2012 David Barr Award from AME (Association for Mineral Exploration) BC for Health and Safety and the 2019 PDAC (Prospectors and Developers Association of Canada) Skookum Jim Award for his exceptional impact as an Indigenous leader in the sector. He serves on the PDAC board and its Health and Safety, Geoscience and Innovation, and Aboriginal Affairs committees. Additionally, he advises the Centre of Excellence for Sustainable Mining & Exploration, which promotes research, education, and outreach on the environmental and social aspects of mineral exploration and extraction.

Maxwell’s contributions clearly extend far beyond technical prowess. His recognized work with Indigenous communities aligns perfectly with Torr Metals’ values and vision for the future. Building strong relationships with local communities is essential for successful exploration projects, and his experience will undoubtedly be a valuable asset in this area.

Knowing the Area

Torr Metals’ flagship properties include the Kolos Copper-Gold Project, a ~240 km² site located in the prolific copper-producing Quesnel Terrane of south-central British Columbia, approximately 286 kilometers northeast of Vancouver. Additionally, the ~261 km² Filion Gold Project is situated within an unexplored gold-bearing greenstone belt, just 202 kilometers from Timmins in northern Ontario.

Malcolm Dorsey, President and CEO of Torr Metals, recognizes the significant value Maxwell brings to the board. “With his wealth of knowledge in the regions and mineralizing systems central to our projects, alongside a distinguished career at industry giants like Noranda, Xstrata, and Glencore, Gordon brings a level of unparalleled expertise that will significantly enhance our exploration efforts. His deep understanding of these geological settings, paired with his commitment to health, safety, and sustainable mining practices, will be instrumental as we advance our projects,” said Dorsey in a statement announcing Maxwell joining the Torr team.

The Power of a Well-Rounded Board

Torr Metals’ choice to bolster its board by bringing on industry veteran Maxwell is a strategic step that reflects the successful approach taken by other junior mining companies including Great Bear Resources (GBR.V). By adding directors with substantial major mining experience early in their development, these companies have effectively navigated the challenges of exploration and attracted major mining firms. A diverse and experienced board not only improves strategic decision-making but also reduces risks, setting the company up for sustainable growth and future success.

Looking Ahead: A Strong Foundation for Growth

Maxwell’s appointment highlights Torr Metals’ dedication to responsible and strategic resource exploration. His expertise, combined with the company’s focus on accessible locations rich in copper and gold, supported by robust mining and provincial infrastructure and sustainable practices, sets the stage for long-term success. With this strong foundation, Torr Metals is well-positioned to advance its projects and create value for shareholders.

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

D-Wave Quantum Inc. (NYSE: QBTS) Extends Quantum AI Product Roadmap, Quantum Cloud Service Enhancements Featured in Syndicated Broadcast

  • The extended product roadmap is part of the company’s efforts to strengthen the connection between quantum optimization, AI and Machine Learning (“ML”), in order to bring new Quantum Artificial Intelligence (“AI”) solutions to market
  • D-Wave’s annealing quantum computing solutions could play a key role in improving AI/ML with more efficient model training, reduced energy consumption, and faster time-to-solution
  • The company’s Quantum AI solutions could be transformative, bringing a powerful new set of new computing tools for generative AI

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, and the first commercial provider of quantum computers, was featured in a NetworkNewsAudio syndicated broadcast highlighting the company’s extended quantum AI product roadmap and enhancements to its Leap(TM) quantum cloud service. The audio broadcast can be heard at: https://ibn.fm/IcPYR.

D-Wave announced the extended roadmap as part of its efforts to strengthen the connection between quantum optimization, AI, ML, in order to bring new Quantum AI solutions to market.

The development initiative comes in response to growing demand from customers and has the potential to solve one of the broader AI industry’s biggest problems: the rapidly escalating compute requirements and the associated energy costs needed to satisfy a growing set of use cases.

“We’re seeing early evidence that annealing quantum computing could play a key role in helping AI/ML with more efficient model training, reduced energy consumption and faster time-to-solution,” said Dr. Alan Baratz, CEO of D-Wave (https://ibn.fm/kvOZG). “With results demonstrating our annealing quantum computer’s ability to outperform classical techniques, coupled with rapidly increasing demand from our customers for Quantum AI solutions that integrate with their business optimization requirements, we believe the impact of D-Wave’s Quantum AI solutions could be transformative, bringing a powerful new set of new computing tools for generative AI.”

The roadmap is designed to help customers address various AI/ML workloads including pre-training optimization, more accurate and efficient model training, and opening new AI business use cases that require the integration of AI and business optimization. Customer use cases related to D-Wave’s Quantum AI solutions include:

  • Improved biological data analysis: Researchers in Germany used D-Wave’s quantum technology to develop a machine learning tool that predicts protein-DNA binding with greater accuracy than traditional methods.
  • Faster processing power: TRIUMF, Canada’s particle accelerator center, is showing significant speed-ups of D-Wave’s quantum processing unit (“QPU”) over classical approaches for simulating high-energy particle-calorimeter interactions – potentially leading to major efficiencies where the AI model is used to create synthetic data.
  • More accurate samples for training Restricted Boltzmann Machine (“RBM”) architectures: Honda Innovation Lab and Tohoku University developed a method to fine-tune D-Wave’s quantum computers to generate highly accurate samples for training RBMs. This approach yielded better results than traditional algorithms and significant improvements in model performance.

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 the company’s most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of the company’s Quarterly Reports on Form 10-Q and in the company’s 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 the company on the date hereof. The company undertakes no duty to update this information unless required by law.

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