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RKL.ca Rockland Resources Updates Activities on the Lithium Butte Property, Utah
https://ceo.ca/@accesswire/rockland-resources-updates-activities-on-the-lithium
RKL.ca Rockland Retains Outside The Box Capital For Digital Marketing Services https://ceo.ca/@accesswire/rockland-retains-outside-the-box-capital-for-digital
GMG.v $GMGMF GMG Achieves Initial 500 mAh Graphene Aluminium-Ion Battery Prototype in Pouch Cell Format & Provides Next Steps Toward Commercialisation https://ceo.ca/[@ userid=500]-mah-graphene-aluminium-ion
BARU.v Baru Gold Replaces Current Stage of Activity with New Production Operation Status for 25,000 ha https://ceo.ca/@thenewswire/baru-gold-replaces-current-stage-of-activity-with-new
ILI.v $ARXRF Imagine Lithium's project location is a Jackpot https://stockhouse.com/opinion/interviews/2023/08/31/imagine-lithium-s-project-location-jackpot
GMG.v $GMGMF Graphene Manufacturing Group Appoints Former Wall Street Veteran and Manufacturing Entrepreneur Jack Perkowski to Its Board of Directors https://ceo.ca/@newsfile/graphene-manufacturing-group-appoints-former-wall-street
WHN.v Westhaven Gold Corp. Files Technical Report for the Shovelnose Gold Project https://ceo.ca/@globenewswire/westhaven-gold-corp-files-technical-report-for-the
DLTA.v $DTARF Delta Resources Completes 1% NSR Purchase at Delta-1 in Thunder Bay, Ontario and Wins Award for Top Discovery in Ontario
by @newsfile on 28 Aug 2023, 07:08
Kingston, Ontario--(Newsfile Corp. - August 28, 2023) - Delta Resources Limited (TSXV: DLTA) ("Delta" or the "Company") is pleased to announce that it has paid $50,000 to the Ontario Exploration Corporation (the "OEC") to buy back the remaining 50% of a 1% Net Smelter Return ("NSR") Royalty on its Delta-1 property in Thunder Bay, Ontario.
On January 7, 2020, Delta announced that it had signed an agreement to purchase 50% of the OECs NSR at Delta-1 by paying the sum of $50,000. The agreement also allowed for Delta to purchase the second 50% tranche at anytime by paying the OEC an additional $50,000. Following the purchase of the second 50% tranche, Delta has now purchased the entire NSR Royalty currently owned by the OEC on the Delta-1 Property.
"We are extremely pleased to have concluded this transaction. Completing this transaction at this time should go a long way in building shareholder value in our opinion," says André Tessier, President and CEO of Delta. "Delta would like to take the opportunity to thank the Ontario Prospector's Association and the Ontario Exploration Corporation for facilitating this transaction."
Delta Resources Chosen for the Discovery of the Year
Delta Resources was awarded the 2022 Bernie Schnieders Discovery of the Year Award from the Northwestern Ontario Prospectors Association for its Delta-1 gold project, 50 kilometres west of Thunder Bay, in the Shebandowan area.
A link to the announcement in the Northern Ontario Business publication is included below.
https://www.northernontariobusiness.com/industry-news/mining/whos-the-best-in-their-field-in-mineral-exploration-7377627#:~:text=Delta%20Resources%20won%20the%202022,historically%20underexplored%20property%20since%202019.
About Delta Resources Limited
Delta Resources Limited is a Canadian mineral exploration company focused on growing shareholder value through the exploration of two very high-potential gold and base-metal projects in Canada.
DELTA-1 covers approximately 107 square kilometres located 50 kilometres west of Thunder Bay, Ontario where a gold mineralized zone 950 metres long was outlined through drilling in a multi-kilometre-scale intense alteration halo. Best grades to date include a drill intercept of 14.8 g/t Au over 11.9 metres, within a broader interval of 5.92 g/t Au over 31 m. The zone is open in all directions.
DELTA-2 VMS and DELTA-2 GOLD covers 194 square kilometres in the prolific Chibougamau District of Quebec. The property holds excellent potential for gold-rich polymetallic VMS deposits as well as hydrothermal-gold deposits. Delta targets VMS deposits such as the LeMoine past producer where 0.76 Mt were mined between 1975 and 1983, grading 9.6% Zn, 4.2% Cu, 4.5 g/t Au and 84 g/t Ag.
ON BEHALF OF THE BOARD OF DELTA RESOURCES LIMITED.
Andre C. Tessier
President, CEO and Director
www.deltaresources.ca
We seek safe harbor. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange has not approved nor disapproved of the information contained herein.
For Further Information:
Contact Delta Resources Limited
Frank Candido, Chairman
Tel: 514-969-5530
fcandido@deltaresources.ca
or
Andre Tessier, President and CEO
Tel: 613-328-1581
atessier@deltaresources.ca
Cautionary Note Regarding Forward-Looking Information
Some statements contained in this news release are "forward-looking information" within the meaning of Canadian securities laws. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes" or variations of such words and phrases (including negative or grammatical variations) or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof. Investors are cautioned that forward-looking information is inherently uncertain and involves risks, assumptions and uncertainties that could cause actual facts to differ materially. There can be no assurance that future developments affecting the Company will be those anticipated by management. The forward-looking information contained in this press release constitutes management's current estimates, as of the date of this press release, with respect to the matters covered thereby. We expect that these estimates will change as new information is received. While we may elect to update these estimates at any time, we do not undertake to update any estimate at any particular time or in response to any particular event.
Corporate Logo
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/178662
GMG.v GMG Provides Commercialisation Progress of THERMAL-XR(R) https://ceo.ca/@newsfile/gmg-provides-commercialisation-progress-of-thermal-xrr
BARU.v $BARUF Baru Gold Corp: Sangihe News Is Catalyst For Growth https://seekingalpha.com/instablog/47568379-crowd-noise-fundamentals/5417405-can-freshpet-grow-valuation
GMG.v Graphene Manufacturing Group Announces Closing of $3.45M Overnight Marketed Offering, Including Exercise In Full of the Over-Allotment Option https://ceo.ca/@globenewswire/graphene-manufacturing-group-announces-closing-of-345m
BARU.v $BARUF Baru Gold Signs Production Operation Contract https://ceo.ca/@thenewswire/baru-gold-signs-production-operation-contract
BARU.v $BARUF Baru Gold Signs MoU for Production Operation Plus $6 Million Cash https://ceo.ca/@thenewswire/baru-gold-signs-mou-for-production-operation-plus-6
RKL.ca Rockland Resources Prepares for Maiden Drill Program on the Lithium Butte Property https://ceo.ca/@accesswire/rockland-resources-prepares-for-maiden-drill-program-6082f
GMG.v GMG Appoints Nu-Calgon as THERMAL-XR(R) Distributor for North America https://ceo.ca/@newsfile/gmg-appoints-nu-calgon-as-thermal-xrr-distributor
BARU.v Baru Gold Corp. Adopts Shareholder Rights Plan https://ceo.ca/@thenewswire/baru-gold-corp-adopts-shareholder-rights-plan-19bf2
GLM.ca $GOLXF Golden Lake Commences Property-Wide Magnetotelluric (MT) Survey on Its Jewel Ridge Property in The South Eureka Gold Belt, Eureka County, Nevada https://ceo.ca/@accesswire/golden-lake-commences-property-wide-magnetotelluric
WHN.v Westhaven Announces Robust Preliminary Economic Assessment of the South Zone, Shovelnose Gold Project, British Columbia https://ceo.ca/@globenewswire/westhaven-announces-robust-preliminary-economic-assessment
SKYG.v $SRKZF Sky Gold Consolidates Land Position in The Shebandowan Greenstone Belt, With the Acquisition of The KA Ni-Cu-Co-Cr-PGE Property, Northwestern Ontario https://ceo.ca/@accesswire/sky-gold-consolidates-land-position-in-the-shebandowan
BARU.v $BARUF Baru Gold Closes Oversubscribed Financing with Insider Participation https://ceo.ca/@thenewswire/baru-gold-closes-oversubscribed-financing-with-insider
ILI.v $ARXRF Imagine Lithium Commences 2023 Drill Campaign at Jackpot Lithium Project https://ceo.ca/@newsfile/imagine-lithium-commences-2023-drill-campaign-at-jackpot
BARU.v Baru Gold Provides Update on Financing and Announces Private Placement Offering https://ceo.ca/@thenewswire/baru-gold-provides-update-on-financing-and-announces
RKL.ca Rockland Resources Announces Sale of Wapistan Lithium Project https://ceo.ca/@accesswire/rockland-resources-announces-sale-of-wapistan-lithium
DLTA.v Delta Announces the Start of a 20,000 Metre Drill Program and Mobilizes a Second Drill Rig at the Delta-1 Property, in Thunder Bay, Ontario https://ceo.ca/@newsfile/delta-announces-the-start-of-a-20000-metre-drill-program
GMG.v GMG Announces Independently Verified Heat Transfer and Energy Savings Results from THERMAL-XR(R) https://ceo.ca/@newsfile/gmg-announces-independently-verified-heat-transfer
WHN.v Westhaven Drills 24.95 Metres of 14.66 g/t Gold and 35.52 g/t Silver, Including 0.66 Metres of 280 g/t Gold And 222 g/t Silver at Shovelnose https://ceo.ca/@globenewswire/westhaven-drills-2495-metres-of-1466-gt-gold-and
BARU.v Baru Gold Receives Official Government Letter Affirming Production Operation Status with Formal Request for Police Assistance https://ceo.ca/@thenewswire/baru-gold-receives-official-government-letter-affirming
GMG.v GMG Announces Battery, Team and Related Updates https://ceo.ca/@newsfile/gmg-announces-battery-team-and-related-updates
GMG Signs THERMAL-XR(R) Distributor Agreements in 4 Asian Countries
by @newsfile on 24 May 2023, 05:11
Brisbane, Queensland, Australia--(Newsfile Corp. - May 24, 2023) - Graphene Manufacturing Group Ltd. (TSXV: GMG) ("GMG" or the "Company") is pleased to announce that GMG has signed distribution agreements with four separate distributors ("Distributors") to buy GMG's THERMAL-XR® and resell in their respective countries in the Heating Ventilation Air Conditioning and Refrigeration (HVAC-R) markets. The Distributors are focused on the following geographical markets: Thailand, Singapore, Indonesia and South Korea.
GMG and certain of the Distributors have successfully completed several THERMAL-XR® HVAC-R projects in South East Asia to provide case studies that illustrate the product's local benefits and customer value proposition in these countries.
GMG's Managing Director and CEO, Craig Nicol, commented: "We are excited to be signing up our initial distributors in Asia to build revenue in Energy Savings - one of our key objectives for 2023. We look forward to continuing to work with the Distributors - each a valuable partner for the sale of THERMAL-XR® going forward."
Guy Outen, GMG's Chair, commented: "I am very pleased to see these first distributor agreements in Asia - they display confidence in the potential benefit of TXR to existing and new customers of our new distributor partners. I commend the GMG team led by Mark Lock the General Manager of Energy Savings and Senior Business Development Manager Arthur Yen for their leadership."
GMG's 4 critical business objectives are:
Produce Graphene and improve/scale production process
Build Revenue from Energy Savings Products
Develop Next-Generation Battery
Develop Supply Chain, Partners & Project Execution Capability
About GMG
GMG is a clean-technology company which seeks to offer energy saving and energy storage solutions, enabled by graphene, including that manufactured in-house via a proprietary production process.
GMG has developed a proprietary production process to decompose natural gas (i.e. methane) into its elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, 'tuneable' and low/no contaminant graphene suitable for use in clean-technology and other applications. The Company's present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications.
In the energy savings segment, GMG has focused on graphene enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving paint), lubricants and fluids. In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries ("G+AI Batteries").
For further information, please contact:
Craig Nicol, Chief Executive Officer and Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
Leo Karabelas at Focus Communications, info@fcir.ca, +1 647 689 6041
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.
Cautionary Note Regarding Forward-Looking Statements
This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward-looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the viability of completed THERMAL-XR® HVAC-R projects in South East Asia to serve as case studies which demonstrate the value of GMG's products, that additional distributors in Asia will enter into Distribution Agreements , the impact of the Distributor Agreements on revenue in Energy Savings, the influence of the partnerships with the Distributors on the sale of THERMAL-XR®, and the business objectives of the Company in 2023 and beyond.
These forward-looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, risks related to the deployment of the Company's resources, that the case studies will not convey the benefits of the Company's products in South East Asia, that the effect of the Distributor Agreements on revenue in Energy Savings with differ from management's current expectations, that GMG's objectives in 2023 and beyond will diverge from its current objective, that no additional Distribution Agreements will be reached, and that the value of the partnerships with the Distributions will not align with management's expectations.
In making the forward looking statements in this news release, the Company has applied several material assumptions, including without limitation, assumptions regarding the market demand for the Company's products, that case studies will demonstrate the benefits of the Company's products, that additional Distributors will enter into Distributor Agreements, that Distributors will have a direct impact on the Company's revenue in Energy Savings, and that the partnerships with the Distributors will impact the sale of THERMAL-XR® going forward.
Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.
Corporate Logo
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/167274
GMG Announces Battery Joint Development Agreement with Rio Tinto
by @newsfile on 17 May 2023, 04:59
Brisbane, Queensland, Australia--(Newsfile Corp. - May 17, 2023) - Graphene Manufacturing Group Ltd. (TSXV: GMG) ("GMG" or the "Company") is pleased to announce that GMG and Rio Tinto have signed a binding Joint Development Agreement ("JDA") with the goal of accelerating the development and application of GMG's Graphene Aluminium-Ion batteries in the mining and minerals industry. Rio Tinto will contribute technical and operational performance criteria and A$6 million, in exchange for preferential access rights.
Rio Tinto has put the net zero transition at the heart of its business strategy: combining investments in commodities that enable the energy transition with actions to decarbonise their operations and value chains. The JDA seeks to support the accelerated development of GMG's Graphene Aluminium-Ion Batteries for use in heavy mobile equipment and grid energy storage applications in the mining and mineral industry.
The JDA builds on the existing collaboration for Rio Tinto to explore the use of GMG's Energy Saving and Energy Storage solutions (see Company announcement on 18 May 2022). This JDA is effective immediately and is expected to last 2 years with payments spread over the term of the agreement. The JDA aims to co-develop GMG's Graphene Aluminium-Ion battery pouch cell into an initial battery pack/module proof of concept.
Rio Tinto will seek to involve Original Equipment Manufacturers (OEM), including Heavy Mobile Equipment OEMs, to work with GMG and Rio Tinto to align the battery pack development with end use requirements.
Success could see performance enhancements for Rio Tinto, including faster charging and longer-life batteries for heavy mobile equipment and grid energy storage, as well as supporting Rio Tinto's decarbonisation ambitions.
GMG will retain ownership of the intellectual property of the GMG Graphene Aluminium Ion Battery Pouch Cell and Battery Pack. On successful completion of the joint project, Rio Tinto would have the right to procure and use the batteries in their operations.
Rio Tinto Chief Scientist, Nigel Steward, said, "We are excited to expand and deepen our partnership with GMG. We both share a vision of a low-carbon future and for Rio Tinto it's a crucial time to partner with companies like GMG to accelerate battery technology and innovation. We are looking forward to continuing our collaboration and leveraging our combined expertise and resources to develop a truly green battery that has the potential to improve the way we supply and store energy."
GMG's Managing Director and CEO, Craig Nicol, commented: "We are excited to be collaborating with Rio Tinto, one of the world's largest mining companies who are committed to leveraging leading technologies for efficient and low carbon operations. The collaboration with Rio Tinto on the applications of Graphene Aluminium-Ion batteries is a key step for GMG. Together, with the existing technical and supply chain partnerships already established, this is another important step towards GMG's goal to become a major global supplier of next generation batteries as we continue to de-risk the commercial scale up of this technology."
Guy Outen, GMG's Chair, commented: "I am very pleased to further deepen our partnership with Rio Tinto. I believe the opportunity to work closely with them given their capability and drive as a large potential customer to access leading new technologies will greatly assist the potential development of our next generation Graphene Aluminium-Ion batteries. More broadly, significant customer feedback to GMG has reinforced the opportunity of the pouch cell battery format and this JDA with Rio Tinto is another example. We'll now re-prioritise our energies to developing this form of battery which should further support progress towards our aim of a commercial, large scale, highly competitive battery."
About Rio Tinto
Rio Tinto is a leading global mining and materials company. Rio Tinto operates in 35 countries and produces iron ore, copper, aluminium, critical minerals and other materials needed for the global energy transition and for people, communities, and nations to thrive. They have been mining for almost 150 years and operate with knowledge built up across generations and continents. Rio Tinto's purpose is finding better ways to provide the materials the world needs - striving for innovation and continuous improvement to produce materials with low emissions and to the right environmental, social and governance standards.
About GMG
GMG is a clean-technology company which seeks to offer energy saving and energy storage solutions, enabled by graphene, including that manufactured in-house via a proprietary production process.
GMG has developed a proprietary production process to decompose natural gas (i.e. methane) into its elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, 'tuneable' and low/no contaminant graphene suitable for use in clean-technology and other applications. The Company's present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications.
In the energy savings segment, GMG has focused on graphene enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving paint), lubricants and fluids. In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries ("G+AI Batteries").
For further information, please contact:
Craig Nicol, Chief Executive Officer and Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
Leo Karabelas at Focus Communications, info@fcir.ca, +1 647 689 6041
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.
Cautionary Note Regarding Forward-Looking Statements
This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward-looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding Rio Tinto's contribution to the JDA and the expected benefit thereof, the impact of the JDA on the development of the Company's Graphene Aluminium-Ion Batteries, the development of GMG's pouch cell, the potential involvement of OEM, the duration of the JDA, and the benefits derived from the JDA and the partnership with Rio Tinto more generally.
These forward-looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, risks related to the deployment of the Company's resources, including that the JDA will not result in the benefits management expects, that the Company's products will not develop as expect, that the impact of the JDA and the partnership with Rio Tinto will differ from management's expectations, that OEM will not assist in aligning the battery pack development with equipment requirements, changes to regional and global market trends, and that the Company will be unable to research, develop and produce certain products and technologies.
In making the forward looking statements in this news release, the Company has applied several material assumptions, including without limitation, assumptions regarding the Company's development of certain products, the market demand for the Company's products, that the JDA will benefit both the Company and Rio Tinto, that the partnership with the Company and Rio Tinto will proceed and produce the benefits expected, that OEM will assist in aligning battery pack development with equipment requirements, the duration of the JDA, the Company's ability to research, develop and test its products within anticipated timelines, and market demand for the Company's products.
Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.
Corporate Logo
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/165332
Rockland Resources Receives Permit Approval for Maiden Drill Program on The Lithium Butte Property RKL.ca https://ceo.ca/@accesswire/rockland-resources-receives-permit-approval-for-maiden
ILI.v $ARXRF Imagine Lithium Announces Multiple Drill Results from the Winter Program at Jackpot Lithium Project https://ceo.ca/@newsfile/imagine-lithium-announces-multiple-drill-results-from
GLM.ca $GOLXF IAU.to $IAUX Golden Lake and i-80 Gold to Collaborate on a Drone Magnetic Survey on Their Respective Properties, in the South Eureka Gold Belt, Nevada https://ceo.ca/@accesswire/golden-lake-and-i-80-gold-to-collaborate-on-a-drone
ILI.v $ARXRF Imagine Lithium Launches Comprehensive Property Wide Exploration Program on Jackpot Lithium Project https://ceo.ca/@newsfile/imagine-lithium-launches-comprehensive-property-wide
BARU.v $BARUF Baru Gold Updates Shareholders on Financing https://ceo.ca/@thenewswire/baru-gold-updates-shareholders-on-financing