ESGBreaks Archive - Page 13 of 53

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…

FridayDec 08, 2023 3:45 pm

ESGBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Continues Proving Technical Superiority of Its RapidSX(TM) Platform

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a company engaged in the exploration for rare earth elements (“REEs”) in Canada and the U.S., as well as the associated development of superior separation and scalable production technologies, recently announced a technical update on its important RapidSX(TM) Demonstration Plant in Kingston, Ontario. “The update marks a significant milestone for the company and will allow it to ‘discreetly quantify the previous qualitative attributes of the RapidSX(TM) technology platform and the resulting rare earth element products,’” reads a recent article. “Over the first two years in Kingston, we proved the technical superiority of our…

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;…

FridayDec 01, 2023 1:16 pm

ESGBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Looking to Deploy Technology to Pursue Independent Critical Metals Supply Chain

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) has developed a superior commercial-ready technology, RapidSX(TM), for separating and purifying critical metals. “Ucore intends to deploy its technology to pursue a critical metals supply chain independent of China and Western companies for use by the many industries dependent upon REE-based components… RapidSX combines the time-proven chemistry of conventional solvent extraction (‘SX’) with a new column-based platform that significantly reduces the time to completion and plant footprint. SX is the industry standard used today and is used by all REE producers worldwide for bulk separation of both heavy and light REEs,” reads a…

FridayNov 17, 2023 2:03 pm

ESGBreaks – Ucore Rare Metals Inc.’s (TSX.V: UCU) (OTCQX: UURAF) Proprietary RapidSX(TM) Expected to Improve Standard CSX Solvent Refining Process

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) is positioning its proprietary RapidSX(TM) solvent extraction solution to overcome the obstacles in refining metals vital to modern, greener technology. “RapidSX(TM) is expected to match and improve on the standard CSX solvent refining process used by China in its market-dominating extraction of rare earth elements (‘REEs’) from mined product to prepare them for use in high-grade magnets that convert power into motion for modern technologies that range from smartphones to electric vehicles and F-35 fighter jets. Ucore has been proving RapidSX(TM) against the standard CSX process at a demonstration plant in Ontario and…

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…

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