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Comtex Launches Omnia: A Cutting-Edge News API Platform leveraging NLP and AI


Comtex News Network, Inc (Comtex), a leading provider of news aggregation and distribution services to top firms in financial services, news publishing, syndication, and analytics, proudly announces the launch of its innovative API platform, Omnia. Omnia is a state-of-the-art API platform designed to revolutionize the way businesses access and utilize news content. Omnia empowers users with instant access to real-time streaming news, AI-generated article summaries, enhanced tagging and categorization based on NLP, advanced filtering, and access to an extensive catalog of curated news sources. Key Features of Omnia Include: Real-time Streaming News: Omnia provides real-time streaming news via websockets push and REST API for seamless integration into existing systems. Enhanced Tagging and Categorization: Leveraging AI and proprietary NLP-based algorithms, Omnia offers enhanced tagging and categorization of content, including press releases, earnings releases, product categories, and more. AI-Generated Article Summaries: Omnia utilizes AI to generate concise and searchable article summaries, enabling users to quickly grasp an article before reading it. Advanced Filtering: Omnia's advanced filtering capabilities allow users to customize their news feeds based on specific criteria, ensuring they receive only the most relevant content. Access to an extensive collection of curated, high-quality sources used by top companies in financial services, analytics, research and a broad range of industries. Omnia is designed for rapid integration and serves a variety of use cases, including training of LLMs, financial platforms, asset management, trading, academic research, legal research, market research, and much more. Commenting on the launch, Comtex CEO Kan Devnani said, "We are pleased to bring a flexible, state-of-the-art news platform with access to curated, premium news sources to market. Omnia is an extendable platform, combining AI with our rich experience applying NLP to news content. This will allow clients to derive more intelligence and insights from the news content we offer and help clients curate and identify the content most relevant to them. Comtex will use Omnia to deliver evolving analytics and insight to its users." Access to Omnia can be trialed by visiting Comtex encourages users to explore its features and capabilities. To learn more about Omnia and request a demo, please contact or visit About Comtex News Network, Inc (Comtex): Comtex News Network Inc (Comtex) is a leading provider of news aggregation services to top firms in financial services, news publishing, syndication, and analytics. With a wealth of experience and expertise, Comtex delivers comprehensive news solutions that empower businesses to make informed decisions and stay ahead of the competition. Comtex also offers syndication services to content providers and platforms to generate traffic to online content. Contact Details Comtex News Network Media Relations

April 12, 2024 02:01 PM Eastern Daylight Time

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Select Sector SPDR ETFs: A Strategic Approach to Precision Investing and Customized Portfolios

Select Sector SPDR

In the dynamic world of investing, Exchange-Traded Funds ( ETFs ) have proved to be a powerful tool for investors seeking diversification, flexibility, and potentially a more sector-driven approach. Select Sector SPDR ETFs offer a focused approach to sector investing, enabling investors to specifically target sectors within the broader market. This method of investment strategy is designed to arm investors with greater control and flexibility over their portfolios. Select Sector SPDR ETFs segment the S&P 500 into 11 investable sectors, covering all broad market segments. They provide access to various industries, allowing investors to craft a diversified portfolio that aligns with their unique investment goals. This approach presents an excellent opportunity for both individual and institutional investors to effectively navigate the financial markets. Each ETF comprises well-known, large-cap companies from the S&P 500, ensuring broad exposure and diversification. The transparent nature of ETFs allows for daily disclosure of portfolio holdings and weightings, providing investors with visibility into their investments. The full lineup of Select Sector SPDR ETFs includes: Communication Services Select Sector SPDR Fund (XLC) Consumer Discretionary Select Sector SPDR Fund (XLY) Consumer Staples Select Sector SPDR Fund (XLP) Energy Select Sector SPDR Fund (XLE) Financials Select Sector SPDR Fund (XLF) Health Care Select Sector SPDR Fund (XLV) Industrials Select Sector SPDR Fund (XLI) Materials Select Sector SPDR Fund (XLB) Real Estate Select Sector SPDR Fund (XLRE) Technology Select Sector SPDR Fund (XLK) Utilities Select Sector SPDR Fund (XLU) These ETFs provide flexible, transparent, and low-cost investment options to both retail and institutional investors. The flexibility offered by these ETFs empowers investors to make strategic adjustments in their portfolios as market conditions change. This flexibility, combined with the transparency of daily disclosure of portfolio holdings, allows investors to always be aware of where their money is invested. Select Sector SPDR ETFs offer a unique opportunity to invest in various sectors with precision and flexibility. They provide a simplified approach to sector investing, allowing investors to customize their portfolios to meet their specific investment objectives. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: Website: *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL007439 EXP 5/31/24 Contact Details Dan Dolan +1 203-935-8103 Company Website

April 12, 2024 05:00 AM Eastern Daylight Time

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American Clean Power Association Providing Solutions and Powering the Future


A video accompanying this announcement is available at: American made clean power is rapidly growing from coast to coast.. Renewables like wind and solar—coupled with battery storage—led new power generation over the past several years and the future is bright. The clean energy industry is fueled by American workers and supports family farms and communities across this country. Clean energy is a leading source of U.S. job creation and investment. Clean energy provides jobs for nearly a half a million Americans. The U.S. has enough installed clean energy to power nearly 70 million American homes. Harnessing our world-class clean energy resources will play an essential role in strengthening the country’s economy. Fully realizing our clean power potential will create tens of thousands of good-paying jobs, boost U.S. manufacturing, and reduce greenhouse gas emissions. The American Clean Power Association (ACP) is the leading voice of today’s multi-tech clean energy industry, representing over 800 energy storage, wind, utility-scale solar, clean hydrogen, and transmission companies. ACP is committed to meeting America’s national security, economic and climate goals with fast-growing, low-cost, and reliable domestic power. On April 3 rd, Jason Grumet, American Clean Power Association, Chief Executive Officer conducted a nationwide media tour discussing the following topics: What is clean power and how widespread its usage is. National and local economic benefits. How adoption of clean power is a major job driver. Benefits of renewable farming and success stories from local farms and farm owners For more information, visit FUELFORTHOUGHT.ENERGY Contact Details YourUpdateTV +1 212-736-2727

April 11, 2024 02:16 PM Eastern Daylight Time

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VivoPower International PLC

VivoPower International PLC (Nasdaq: VVPR, “VivoPower” or the “Company”) is pleased to confirm that its subsidiary Tembo e-LV B.V. (“Tembo”) has now met all of the milestones required to obtain the full strategic direct equity investment into Tembo, at a pre-money valuation of US$120 million and that the initial tranche of funds have been received. This is pursuant to a commitment received in June 2023 from a UAE based private investment office backed by a member of the ruling Al Maktoum family of Dubai. The investor, under the agreement terms, had the option to increase its cumulative investment up to US$10 million. VivoPower will continue to retain its majority stake in Tembo. Tembo recently announced a binding heads of agreement to reverse merge into CCTS, a NASDAQ listed SPAC at an indicative equity valuation of US$838m. About VivoPower VivoPower is an award-winning global sustainable energy solutions B Corporation company focused on electric solutions for customised and ruggedised fleet applications, battery and microgrids, solar and critical power technology and services. The Company’s core purpose is to provide its customers with turnkey decarbonisation solutions that enable them to move toward net-zero carbon status. VivoPower has operations and personnel in Australia, Canada, the Netherlands, the United Kingdom, the United States, the Philippines, and the United Arab Emirates. About Tembo Tembo electric utility vehicles (EUVs) are the premier 100% electric solution for ruggedised and/or customised applications for fleet owners in the mining, agriculture, energy utilities, defence, police, government, humanitarian, and game safari industries. Tembo provides safe, high-performance off-road and on-road electric utility vehicles that meet exacting standards of safety, reliability, and quality. Its core purpose is to provide safe and reliable electrification solutions for utility vehicle fleet owners globally, helping perpetuate useful life, reduce costs, maximise return on assets, meet ESG goals and activate the circular economy. Tembo is a subsidiary of the NASDAQ listed B Corporation, VivoPower International PLC. Forward-Looking Statements This communication includes certain statements that may constitute “forward-looking statements” for purposes of the U.S. federal securities laws. Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts or other characterisations of future events or circumstances, including any underlying assumptions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements may include, for example, the anticipated impact that the events or transactions described in this communication may have on the Company and the expected returns therefrom. These statements are based on VivoPower’s management’s current expectations or beliefs and are subject to risk, uncertainty, and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive and/or regulatory factors, and other risks and uncertainties affecting the operation of VivoPower’s business. These risks, uncertainties and contingencies include changes in business conditions, fluctuations in customer demand, changes in accounting interpretations, management of rapid growth, intensity of competition from other providers of products and services, changes in general economic conditions, geopolitical events and regulatory changes, expectations on funding from investors, and other factors set forth in VivoPower’s filings with the United States Securities and Exchange Commission. The information set forth herein should be read in light of such risks. VivoPower is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements whether as a result of new information, future events, changes in assumptions or otherwise. Contact Details Shareholder Enquiries Company Website

April 10, 2024 07:15 AM Eastern Daylight Time

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Global Energy Metals Expands Portfolio with Uranium Addition Through New Strategic Partnership

Global Energy Metals Corp

Global Energy Metals CEO Mitchell Smith joined Steve Darling from Proactive to shared significant developments regarding the company's agreements with Fulcrum Metals Plc and Terra Balcanica Resources Corp. Firstly, Smith announced that Global Energy Metals has terminated its agreement with Fulcrum Metals Plc and has entered into a new deal with Terra Balcanica Resources Corp. This strategic move facilitated a new partnership between Fulcrum and Terra, where Terra intends to acquire a 100% interest in Fulcrum's uranium projects. As part of the termination of the prior agreement with Fulcrum, Global Energy Metals will receive compensation equivalent to C$150,000 in shares in Terra upon the closing of the option agreement between Terra and Fulcrum. Additionally, Global Energy Metals will be granted a 0.5% Net Smelter Returns (NSR) royalty over the Saskatchewan-based project portfolio, which encompasses 596.71 square kilometers of highly prospective ground for uranium discovery. Smith highlighted that the project portfolio targets major NE-SW trending structures along strike from historic uranium mines and projects. This new agreement will bolster Global Energy Metals' existing project, royalty, and equity portfolio to now include uranium, further demonstrating the company's ability to monetize assets for the benefit of shareholders. Contact Details Proactive North America Proactive North America +1 604-688-8158

April 08, 2024 07:28 AM Eastern Daylight Time

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Annette Clayton Joins Flash Board of Directors

Flash Parking

Flash, the leading digital ecosystem provider connecting drivers to parking and EV charging experiences, today announced Annette Clayton, chairwoman and former CEO of Schneider Electric, has joined the company’s board of directors. Ms. Clayton has decades of automotive, technology and energy industry experience and brings an extensive track record guiding corporate strategy and operations for growth companies and pioneering startups. “We are incredibly fortunate to welcome Annette to our board of directors,” said Dan Sharplin, Flash’s CEO and Chairman. “She is an accomplished leader who has dedicated her career to companies that are transforming their respective industries, and her talents and expertise will be invaluable to our next chapter of growth, particularly when it comes to meeting the needs of modern drivers through the next wave of EV adoption.” Ms. Clayton joins Flash’s board of directors after recently concluding her tenure as CEO of Schneider Electric North America. During that time, Ms. Clayton led business strategy for the region, representing 30,000 employees and sales of more than $11 billion in fiscal year 2022. “Working with innovators like Flash that reimagine an industry is the work I love,” said Ms. Clayton regarding her appointment. “I have followed Flash’s evolution from its startup days and think the current moment is among its most exciting – Flash has done the heavy lifting and is poised to bring all the players together to set the new standard for a first-of-its-kind digital ecosystem.” Ms. Clayton currently serves on the public boards of Duke Energy, NXP Semiconductors, Oshkosh Corporation and Nordson Corporation. Ms. Clayton’s prior board service includes National Electrical Manufacturers Association, National Association of Manufacturers and many of Schneider Electric’s Energy-as-a-Service joint ventures. She was also a member of Rewiring America’s CEO’s for Electrification coalition for business leaders. Prior to Schneider Electric, she served in senior management roles for Dell, where she led the transformation of its global supply chain and fulfillment model, and General Motors Corporation, including president of Saturn Corporation, where she oversaw strategic direction, financial accountability, and profitability. Ms. Clayton holds a bachelor’s degree in general engineering from Wright State University, a master’s degree in engineering management from the University of Dayton and has completed the London Business School executive development program. About Flash Flash is a pioneering technology company bringing seamless parking and EV charging experiences to drivers through a first-of-its-kind digital ecosystem. Flash’s platform connects reservable parking and charging in the apps drivers use every day with garage, surface lot, event, and valet parking locations — connected and controlled via a cloud-based operating system with unrivaled intelligence. Customer-obsessed brands partner with Flash to deliver digital, easy-to-use, reliable, and increasingly frictionless experiences to drivers eager to pay for a solution that eliminates wasted time, excess emissions, and stress from driving. The solution has arrived. Visit to learn more. Contact Details Flash Parking Ray Young +1 512-694-6097 Company Website

April 04, 2024 03:00 PM Eastern Daylight Time

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4 Stocks That Will Benefit From The Green Energy Revolution


As the world races towards a sustainable future, the transition to renewable energy sources has gained unprecedented momentum. Last year, greenhouse gas emissions fell to a historic low as renewable energy in the U.S. reached an all-time high, with wind, solar, and hydroelectric plants meeting almost a quarter of the nation’s power demand, while electric vehicle sales surged to their highest levels ever. However, a significant challenge looms. According to the International Renewable Energy Agency’s (IRENA) 1.5°C Scenario, the global fleet of electric passenger cars must surpass 2 billion by 2050 to meet climate targets. Yet, S&P Global Mobility identifies price as the primary barrier to widespread electric vehicle adoption worldwide. Consequently, companies that innovate to offer more cost-effective EV solutions stand poised to capitalize on this immense opportunity. That is where VivoPower International (NASDAQ:VVPR) comes in. The company's main goal is to generate sustainable energy solutions to help its customers and believes that sustainability doesn't need to be expensive. This is why it has developed its own custom solutions for the EV market. Vivo Power’s subsidiary, Tembo, provides conversion kits containing all the parts needed to convert a vehicle from an internal combustion engine (ICE) to an electric (EV). That means everything from the batteries, motors, and reduction box to charger, software, and the rest of the components that make the converted vehicle work safely and seamlessly. The company’s current focus is on designing and building ruggedized electric vehicle solutions for various sectors, including mining, infrastructure, utilities, tourism and government services. Tembo’s electric vehicle conversion solutions are available for some of the most widely used utility vehicle models, including the Landcruiser and Hilux, which are equipped to function in harsh environments. The main advantage here is that with these off-road EV solutions, users will incur lower maintenance and operational costs, less downtime, and won't have the need for expensive fuel infrastructure. Tembo’s latest conversion kit is designed for the Land Cruiser and has 72kWh battery capacity and a 180 km to 190 km range with the capability to deliver 220 Nm of torque and 110kW of power, resulting in more pulling power and hill climbing capabilities than the diesel equivalent predecessor. More importantly, Tembo’s conversion kits have received massive validation from the EV market, as illustrated by the fact that it has secured commitments and orders for over 10,000 fleet vehicle conversions from partners and customers globally to date. Through global partners with coverage across more than 50 countries and all continents, VivoPower International (NASDAQ:VVPR) has made significant inroads in a number of high-growth EV markets, like the Middle East and Asia. In line with its mission to become the world’s leading aftermarket electrification solutions partner of choice for utility vehicle fleet owners, VivoPower International (NASDAQ:VVPR) has revealed a major upcoming corporate change. On April 2, Vivo Power subsidiary Tembo E-LV announced that it would merge with Cactus Acquisition Corp. 1 Limited (CCTS), a NASDAQ-listed company, and change its name to Tembo Group. CCTS will issue 83.8 million shares in exchange for Tembo shares at $10 per CCTS share, which corresponds to a pre-money indicative equity valuation of Tembo of $838 million. A total of 16.76 million Tembo Dividend Shares, representing 20% of the 83.8 million shares, will be distributed to Vivo Power shareholders, who will receive 5 Tembo Group shares for each VivoPower share held. The final merger agreement and independent fairness opinion will be finalized in May, with the merger targeted for completion by August 2024. According to its most recent quarterly filing, CCTS has $25 million in cash on its balance sheet. Furthermore, VivoPower International (NASDAQ:VVPR) revealed that its Board of Directors authorized a capital management strategy including a stock buyback program that would allow the company to purchase up to $5 million of its outstanding common stock. This move, which is set to further increase shareholder value, will be funded using the company’s proceeds from business and asset divestitures, including spin-offs and carve-outs. NuScale Power Corporation (NYSE:SMR) is on a mission to help power the global energy transition by delivering safe, scalable, and reliable carbon-free energy by leveraging its proprietary and innovative advanced small modular reactor (SMR) nuclear technology. The company’s groundbreaking SMR technology is powered by the NuScale Power Module, a small, safe, pressurized water reactor that can each generate 77 megawatts of electricity (MWe) or 250 megawatts of thermal energy (gross) and can be scaled to meet customer needs through an array of flexible configurations up to 924 MWe. Already, NuScale has an SMR project in Romania with financial backing of the United States government, amounting to about $4 billion, which is currently in its second phase of development The company recently reported FY23 earnings, which had a number of interesting highlights. SMR had $22.8 million in revenue, missing analysts expectations by about $2.9 million and a net loss of $180.1 million compared to revenue of $11.8 million and a net loss of $141.6 million for the previous period. It ended the period with $125.4 million in cash and no debt. According to Canaccord analysts, NuScale’s unique position within the SMR space and rising demand for power in the U.S. have put it in a strong position for potential growth, which has led to an upward revision of its price target to $6. Aemetis, Inc. (NASDAQ:AMTX) is a renewable natural gas, renewable fuel, and biochemicals company focused on the acquisition, development, and commercialization of innovative technologies that replace petroleum-based products and reduce greenhouse gas emissions. Aemetis leads the low-carbon fuels industry by building a circular bioeconomy utilizing agricultural waste to produce advanced renewable fuels that reduce greenhouse gas emissions and improve air quality.​ The company owns and operates a 65 million-gallon-per-year ethanol production facility in California's Central Valley that supplies about 80 dairy farms with animal feed. in addition to operating a 60 million gallon per year production facility on the East Coast of India, producing high-quality distilled biodiesel and refined glycerin for customers in India and Europe. AMTX recently announced it had received approval by the U.S. Citizenship and Immigration Services (USCIS) of $200 million of EB-5 program investment for its Riverbank sustainable aviation fuel (SAF) production plant, the dairy renewable natural gas (RNG) project, the carbon sequestration project, and energy efficiency upgrades to the Keyes ethanol plant. The Riverbank plant was designed to produce 78 million gallons per year of SAF for the aviation market and Aemetis has already secured more than $3 billion of contracts to supply airlines "This $200 million of funding provides attractive terms at a low interest rate to fund our projects, including the dairy renewable natural gas project and the sustainable aviation fuel plant to meet rapidly increasing global demand for SAF from airlines," said Eric McAfee, Chairman and CEO of Aemetis. Maxeon Solar Technologies (NASDAQ:MAXN) designs and sustainably produces solar panels and energy solutions for residential, commercial, and power plant customers. Its integrated home energy management is a flexible ecosystem of products and services built around its branded solar panels. The company leverages over 1600 patents to design its solar panels, a network of more than 1,700 trusted partners and distributors, and over a million customers worldwide, making it a global leader in solar. Last month, the company extended its technology leadership by achieving another leading efficiency rating benchmark for its solar panels. MAXN announced a module aperture efficiency measurement of 24.9% for its Maxeon 7 panel, confirmed by testing conducted at the U.S. National Renewable Energy Laboratory (NREL). This means that the panels have the world's highest conversion rate efficiency of any commercial solar panels. Maxeon 7 solar panels are the next evolution of Maxeon's IBC architecture. In addition to being designed for enhanced power, performance, and efficiency, Maxeon 7 cells feature a unique and patented design to mitigate hotspot risk from cell cracking and heat buildup under shaded conditions. On April 1, the company announced changes in its management, appointing Vikas Desai as Chief Commercial Officer, effective immediately. Desai is a solar energy and technology executive with over twenty years' experience of building and scaling multiple global businesses spanning hardware and software for both B2B and B2C. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, assumptions, objectives, goals, or assumptions of future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements, indicating certain actions & quotes; may, could or might occur Understand there is no guarantee past performance is indicative of future results. Investing in micro-cap or growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor’s investment may be lost or due to the speculative nature of the companies profiled. Capital Gains Report (CGR) owned by RazorPitch Inc. is responsible for the production and distribution of this content. CGR is not operated by a licensed broker, a dealer, or a registered investment advisor. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. CGR has been retained by VivoPower International PLC. to produce and distribute this content. As part of that content, readers, subscribers, and webs are expected to read the full disclaimers and financial disclosure statement that can be found on our website All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. CGR is not a fiduciary by virtue of any persons use of or access to this content. Contact Details CapitalGainsReport Mark McKelvie +1 585-301-7700 Company Website

April 04, 2024 05:00 AM Eastern Daylight Time

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Rush Rare Metals Advances Two Key Projects: Uranium in Wyoming and Niobium in Quebec

Rush Rare Metals Corp

Rush Rare Metals CEO Peter Smith joined Steve Darling from Proactive to share news about the mineral exploration company's focus on its Boxi Property in Quebec and the Copper Mountain Project in Wyoming. The company recently announced the staking of the Knob claims in Wyoming, comprising 52 mineral claims totaling 780 acres. According to Smith, these claims are now part of the Copper Mountain Project, subject to an option/earn-in agreement between Rush and Myriad Uranium. Under the agreement, Myriad can earn a 50% interest in the project by spending $1.5 million exploring Copper Mountain and increase its interest to 75% by spending a total of $5.5 million. As Myriad meets certain progress thresholds, Rush will receive Myriad shares and other incentives. Conversely, the Boxy property in Quebec, initially acquired for its uranium potential, has shifted focus towards its exceptional niobium prospects. Niobium, a lesser-known element, is highly valued for its application in enhancing steel's strength and resistance, making it crucial for major infrastructural projects and as a component in superconductors and magnets. Recent exploration has revealed a mineralized dike with high-grade niobium samples, indicating a promising potential compared to other niobium mining operations. For the upcoming year, Rush Rare Metals plans to extend exploration efforts at the Boxy property, incorporating more stripping, channel sampling, and drilling to gain a comprehensive understanding of the niobium deposit's extent and quality. The objective is to ascertain the deposit's economic viability and prepare for future development. This exploration phase is eagerly anticipated by the company, given the substantial market opportunity mirrored in the success of similar niobium discoveries, highlighting the potential for significant value creation. Contact Details Proactive North America Proactive North America +1 604-688-8158

April 03, 2024 09:56 AM Eastern Daylight Time

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CleanTech Lithium on track with Laguna Verde project as it updates contract application

CleanTech Lithium PLC

CleanTech Lithium PLC CEO Aldo Boitano tells Proactive's Stephen Gunnion the company has updated its applications for Special Lithium Operating Contracts for its Laguna Verde and Francisco projects in Chile. This action followed an announcement by the Chilean government regarding the process and criteria for awarding lithium extraction rights to private entities. This necessitated adjustments to the current rules, prompting CleanTech Lithium to resubmit applications for the projects. Boitano highlighted a productive meeting with Chile's mining ministry, noting the company's compliance with the necessary criteria, including community engagement and detailed project planning. Despite the resubmission, Boitano assured that the project timeline remains unaffected, with indigenous consultations and contract details being the next steps. He outlined key milestones for investors in 2024, including government acknowledgment of interest in April and May, potential indigenous consultations in June, and the hopeful acceleration of the awarding process. Contact Details Proactive UK +44 20 7989 0813

April 03, 2024 09:50 AM Eastern Daylight Time

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