News Archives - Page 8 of 36

FridayDec 15, 2023 10:36 am

ESGBreaks – Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) Announces Private Placement for up to $1M

Reflex (CSE:RFLX) (OTCQB: RFLXF) (FSE: HF2) today announced a non-brokered private placement of units, each at a price of $0.10, for gross proceeds of up to $1,000,000 (the “offering”). According to the announcement, each unit will comprise of one common share of the company (each, a “share”) and one common share purchase warrant of the company (each, a “warrant”), with each warrant exercisable to acquire one common share of the company (each, a “warrant share”) at a price of $0.15 per warrant share for a period of twenty-four months from the date of issuance. Reflex intends to use the net…

ThursdayDec 14, 2023 12:33 pm

ESGBreaks – Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Releases Per-Day Production Report

Prospera Energy (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B), a publicly traded energy company based in Western Canada specializing in the exploration, development and production of crude oil and natural gas, is reporting its per-day production. According to the announcement, the company announced a medium light oil 500-plus barrels per day flowing well from a full day of production testing. The report noted that this above-gradient pressure reservoir will typically flow for a few months and then transition into an artificial lift system production of approximately 150-plus bblspd of stabilized rate. The company also anticipates a second well will be coming…

TuesdayDec 12, 2023 12:50 pm

ESGBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Announces Industrial Tax Exemption Program for LA-SMC Project

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) today announced a series of significant updates regarding the ongoing development of its rare earth element (“REE”) processing refinery, the Louisiana Strategic Metals Complex (“LA-SMC”) in Alexandria, Louisiana. According to the announcement, the Governor of Louisiana, Jon Bel Edwards, has executed the contract for exemption of ad valorem taxes for Ucore’s SMC project. The Industrial Tax Exemption Program (“ITEP”) provides the company up to a 10-year exemption (five-year initial term at 80% and five-year renewal term at 80%), which will result in an estimated $8.2 million in projected tax savings for Ucore during…

WednesdayDec 06, 2023 1:59 pm

ESGBreaks – Sustain Southern California Names IBN as Media Sponsor for Upcoming Sustainability Private Capital Event

Sustain Southern California (Sustain SoCal), a nonprofit organization, announced that InvestorBrandNetwork (“IBN”), a leading corporate communications firm and content distributor, will be the official media sponsor for the sixth annual Sustainability Private Capital Event. The event, scheduled for Dec. 6–7, 2023, will be hosted by Sustain SoCal and Roth MKM. The conference agenda features some 40 companies as well as experts from an array of sectors, including solar/storage, e-mobility, smart cities, circular economy and water, with most of the companies being in the series A/B fundraising stage. Participating investors include venture capitalists, private equity offices, family offices, representatives of endowments…

TuesdayDec 05, 2023 2:15 pm

ESGBreaks – Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Announces Million-Dollar Development Financing, New Management Appointment

Prospera Energy (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B), a publicly traded energy company based in Western Canada specializing in the exploration, development and production of crude oil and natural gas, has successfully completed a $3 million GORR financing. According to the announcement, the GORR portion bears a 1% royalty on Prospera’s revenue from its Cuthbert properties and is repurchasable for $3.48 million in one year. The financing included an arms-length Purchase and Sale, Overriding Royalty Agreement and Agreement to Purchase Royalty for the sale of 1% royalty on Prospera's revenue from its Cuthbert properties with $1 million disbursed on closing;…

TuesdayNov 14, 2023 1:30 pm

ESGBreaks — Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) Releases Status Update to Ruby Graphite Project Initial Drill Program

Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2), a mineral exploration company, announced the completion of its 2023 phase one drill program at its Montana-based Ruby Graphite Project. Highlights of the drill program include a total of 24 diamond drill holes being completed, totaling 3391 meters for the inaugural HQ-size drill program on the property with average drilling depth of only 141 meters because of the presence of graphitic carbon mineralization, and first-pass drilling tested an extended conductivity anomaly along an east-northeast striking marble, with plans to follow up on the areas that return the best Cg grades. In…

MondayNov 13, 2023 2:58 pm

ESGBreaks – Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FWB: HF2) Catering to Global EV Industry Supply Chain

Reflex (CSE: RFLX) (OTCQB: RFLXF) (FWB: HF2), a strategic minerals company, has centered its corporate mission around locating and developing economic properties within the advanced materials space to cater to the rapidly growing needs of the global electric vehicle industry supply chain. “In mid-August, Reflex Advanced Materials announced that it would be issuing 100,000 new common shares of its capital, the penultimate step needed to fulfil a mineral property option payment agreement the company had entered in 2021 for its Zigzag lithium project. Located near Crescent Lake, Ontario and consisting of eight mining claims totaling approximately 2,710 hectares, the Zigzag…

ThursdayNov 09, 2023 1:59 pm

ESGBreaks – Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Releases Status Update on Development Update

Prospera Energy (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B), a public oil and gas exploration, exploitation and development company focusing on conventional oil and gas reservoirs in western Canada, announced that it has resumed phase 2 development of its horizontal infill drilling program. The company anticipates the horizontal infill drilling transformation from vertical wells will continue through winter. By working to bring this specific horizontal production online as quickly as possible, the company can sustain momentum and capitalize on the current strong oil price environment. According to the announcement, the first five horizontal wells that have been drilled performed higher than…

TuesdayNov 07, 2023 4:12 pm

ESGBreaks – American Resources Corporation (NASDAQ: AREC), Royalty Management Holding Co. (NASDAQ: RMCO) Complete Merger, Announce Commencement of Nasdaq Trading

American Resources (NASDAQ: AREC) is a next generation and socially responsible supplier of rare earth and critical elements, carbon and advanced carbon materials to the new infrastructure and electrification marketplace. The company announced that the special purpose acquisition vehicle it had sponsored, American Acquisition Opportunity Inc., has successfully closed its acquisition of Royalty Management Co (“RMC”). Royalty Management Holding Co. (NASDAQ: RMCO, RMCOW), a royalty company building shareholder value to benefit both its shareholders and communities by acquiring and developing high value assets in a sustainable market environment, announced its commencement of trading under the ticker RMCO and RMCOW, effective…

TuesdayNov 07, 2023 1:26 pm

ESGBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) to Present at Red Cloud’s 2023 Fall Mining Showcase

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) has announced its participation at Red Cloud’s 2023 Fall Mining Showcase. The annual conference is slated to take place at the Sheraton Centre Toronto Hotel Nov. 7-8, 2023. Ucore’s chairman and CEO Pat Ryan will be presenting beginning at 4:20 p.m. EST on Nov. 8. Interested parties should visit https://ibn.fm/wk3MH for more details and/or to register for the event. To view the full interview, visit https://ibn.fm/38Hj4 About Ucore Rare Metals Inc. Ucore is focused on rare- and critical-metal resources, extraction, beneficiation and separation technologies with the potential for production, growth and scalability. Ucore’s…

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