Archive for October, 2024

$EAWD IEA Hosts G20 Ministers, Influential Personalities to Discuss Clean and Affordable Energy Transition

The International Energy Agency (IEA) recently hosted G20 energy ministers, other ministers and various influential personalities to discuss green energy and an affordable transition to renewables. This was the first time members of the new IEA Global Commission on People-Centered Clean Energy Transitions: Designing for Fairness met in person.

The participants discussed various practical strategies to facilitate fair and equitable green-energy transitions that provide equitable benefits on a social and economic scale. With several studies revealing a significant imbalance in green-energy investments, the participants talked about critical considerations for ensuring that clean-energy policies prioritize affordability and fairness.

Brazil minister of Mines and Energy, Alexandre Silveira de Oliveira, cochaired the commission alongside Spanish deputy prime minister for the Ecological Transition and Demographic Challenge Teresa Ribera. The commission is comprised of climate, labor and energy ministers from across the world along with high-level international organization representatives and Indigenous, civil society, labor and youth groups.

The commission is tasked with providing actionable recommendations to help international decision-makers make effective renewable-energy decisions that provide widespread economic and social benefits while remaining inclusive and equitable. The Friday meeting saw members of the commission discuss the findings of a recently published Commission report that outlined seven questions about fairness and affordability in the green-energy transition.

This includes how energy policies can provide affordable renewable-energy technologies for marginalized and low-income families, how the transition can create employment opportunities, and how all stakeholders can take part in the transition from fossil fuels to renewables. The commission’s first report also selected best practices from various countries around the world to help address the seven outlined questions.

During his opening remarks, IEA executive director Fatih Birol said the global transition to renewables is building “unprecedented momentum,” but he noted that everyone had to feel the benefits of the transition to maintain the momentum. According to Birol, the Global Commission looks forward to working to ensure that energy policies and strategies around the world prioritize fairness and equity.

Silveira also said that Brazil was ready to work with other members of the commission to ensure affordability, inclusivity and fairness are central to its green-energy transition strategies and that the most vulnerable communities benefit from the transition. Members of the commission will spend the next several months creating an implementation road map outlining all the options and policy tools lawmakers and international stakeholders can use to address the report’s seven key questions.

The collaboration between various stakeholders, including governments and for-profit entities such as Energy and Water Development Corp. (OTCQB: EAWD), is likely to increase the chances of a faster uptake of clean energy and a reduction in the cost of those solutions.

NOTE TO INVESTORS: The latest news and updates relating to Energy and Water Development Corp. (OTCQB: EAWD) are available in the company’s newsroom at https://ibn.fm/EAWD

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GreenEnergyStocks (“GES”) is a specialized communications platform with a focus on companies working to shape the future of the green economy. GreenEnergyStocks is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, GES is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, GES brings its clients unparalleled recognition and brand awareness. GES is where breaking news, insightful content and actionable information converge.

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Thursday, October 10th, 2024 News Comments Off on $EAWD IEA Hosts G20 Ministers, Influential Personalities to Discuss Clean and Affordable Energy Transition

$SFWJ InvestorNewsBreaks – Software Effective Solutions Corp. (d/b/a MedCana) (SFWJ) Releases Report on Series of Acquisitions, Multiple Cannabis Licenses

Software Effective Solutions Corp. (d/b/a MedCana) (OTC: SFWJ), a leading global infrastructure holding company focused on the pharmaceutical-grade cannabis industry, is reporting on recent acquisitions and cannabis licenses associated with the acquisitions. According to the announcement, the new acquisitions and licenses, which will add $1.6 million to company assets for the third quarter, are designed to bolster the company’s cannabis portfolio globally and solidify its position as a leading force in the cannabis sector. According to the announcement, the licenses include seven produce, process and sell CBD licenses; seven produce, process and sell THC licenses; seven fabrication of products containing cannabis licenses; and two genetics licenses.

“The acquisitions we have made put Medcana in a position to succeed and ensure profitably,” said MedCana CEO Gabriel Diaz in the press release.

To view the full press release, visit https://ibn.fm/10GVR

About Software Effective Solutions

Software Effective Solutions/MedCana is a holding company focused on developing companies in the agricultural technology and the cannabis industries. As MedCana moves forward with its expansion plans, the company remains committed to delivering on its promise of building a solid foundation for future growth of its holdings. For more information, visit the company’s website at www.MedCana.net.

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

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InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

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Thursday, October 10th, 2024 News Comments Off on $SFWJ InvestorNewsBreaks – Software Effective Solutions Corp. (d/b/a MedCana) (SFWJ) Releases Report on Series of Acquisitions, Multiple Cannabis Licenses

$RFLXF JPMorgan Executive Says US Backlash Against ESG Is Exaggerated

An executive at JPMorgan recently stated that the backlash against issues related to environmental, social and governance (ESG) in the United States was overstated. Chuka Umunna, the company’s global head of sustainable solutions, explained during an Energy Transition conference that the weaponization of the term “ESG” and the backlash that followed had little effect on the growing green economy of the U.S.

He added that while some investors and companies didn’t discuss sustainability as much, they were still moving money in a way similar to their peers in Europe. Umunna noted that investors in the U.S. may not have been using the labels in the same way that their counterparts in Europe were, but their operations on ESG weren’t so different.

A group of investors based in the United States, including JPMorgan’s fund arm, have withdrawn from international climate coalitions in 2024 amid a tense political background. This comes after some GOP politicians argued that membership could violate antitrust regulations.

Umunna explained that many international clients of JPMorgan’s fund arm preferred to stick to one investment stewardship policy globally. Despite this, Umunna revealed that less than 2% of anti-ESG initiatives proposed during the proxy-voting season were approved. This included a pair of anti-ESG bills that would restrict managers of pension funds from considering factors such as ESG and limit the ability of the U.S. Securities and Exchange Commission (SEC) to require new disclosures.

At the state level, less than 10% of anti-ESG resolutions that were proposed were approved. For instance, legislators in Florida enacted a law that would require the state’s CFO to make investment decisions based only on pecuniary factors, without considering any social or ideological interests.

Umunna noted that the major challenges facing companies in the real economy of the U.S. that sought support from back loans or investments included high rates of interest, issues in their supply chains and inflation.

The Reuters Energy Transition Europe 2024 conference ran from Sept. 30–Oct. 1, 2024. The conference, which was held in London, brought together more than 250 of the most senior executives from the finance, utilities, energy, and government sectors on the continent to identify avenues for investment, drive business-model innovation and execute a low-carbon strategy that delivers return on investment.

The focus was on laying the foundations of a net-zero future while moving away from market turbulence. Here, stakeholders discussed new ways to reinvent their business models and bring about growth through rapid decarbonization, synchronization of supply chains, cross-sectoral collaboration and technology enhancement.

The ideas shared during such conferences could be beneficial to different companies, such as Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF), that are seeking to deepen the incorporation of ESG principles in their operations and value chains.

NOTE TO INVESTORS: The latest news and updates relating to Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) are available in the company’s newsroom at https://ibn.fm/RFLXF

About ESGWireNews

ESGWireNews (“ESG”) is a specialized communications platform with a focus on the Environmental, Social and Governance (ESG) sector and public companies committed to sustainable corporate practices. ESGWireNews is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, ESG is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, ESG brings its clients unparalleled recognition and brand awareness. ESG is where breaking news, insightful content and actionable information converge.

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Thursday, October 10th, 2024 News Comments Off on $RFLXF JPMorgan Executive Says US Backlash Against ESG Is Exaggerated

$TMET.V Gold Stutters as Strong US Jobs Data Dampens Expectations of Large Rate Cuts

The price of gold dipped last week following strong data on jobs in the United States, which showed that nonfarm payrolls rose by more than 250,000 jobs in September. The report reduced expectations of an aggressive reduction in rates from the Fed, boosting the greenback.

Figures show that traders reduced expectations for a rate cut from 28% to almost 0% once the payrolls data was released.

Spot gold slipped to $2,649.69 an ounce, a 0.2% decrease. This is after its record high of $2,685.42 an ounce. U.S. gold futures also dropped by 0.4% to reach $2,667.80 an ounce.

The report showed that job growth in the United States accelerated last month, with the rate of unemployment dropping to 4.1%. This eased pressure on the Federal Reserve to deliver another 50-basis point rate cut at its policy meeting set for November. Job gains also point to a resilient economy, with the report by the Department of Labor showing that wages increased at a solid pace in September.

The report also shows that the economy added 72,000 more jobs in August and July, which is higher than projected.

September’s estimates for job gains ranged between 70,000–220,000, with the three-month average of job growth recorded monthly going from 140,000 in August to 186,000 last month. In a statement, Jonathan Millar, a senior economist at Barclays, stated that the report reinforced resilience for the U.S. economy. He noted that this reduced concerns of deterioration in labor market conditions.

During the same period, the dollar index rose to a seven-week high, which made bullion more expensive for buyers outside the U.S.

TD Securities’ Commodity strategist Daniel Ghali explained that increasing geopolitical tensions were limiting the scope of accounts that were seeking to sell the precious yellow metal. Investors normally turn to gold as a safe-haven asset, particularly during times of turmoil. The metal appreciates in an environment with low rates of interest.

This comes after military strikes orchestrated by the IDF across the Gaza Strip killed even more Palestinians. Blue Line Futures’ chief market strategist Phillip Streible believes that gold futures could easily surge to $2,700, and even exceed this limit, if geopolitics plays a role.

In other news, spot silver also saw its price increase to $32.21 an ounce, a 0.5% increase. Palladium remained steady at $1,000 per ounce while platinum saw its price drop slightly to $989.33 an ounce, a 0.1% decline.

The overall downward trend in the Fed rate could draw investors toward adding gold to their portfolios or obtaining some gold stocks, such as Torr Metals Inc. (TSX.V: TMET), in order to leverage the bullish prospects of this precious metal.

NOTE TO INVESTORS: The latest news and updates relating to Torr Metals Inc. (TSX.V: TMET) are available in the company’s newsroom at https://ibn.fm/TMET

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

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Thursday, October 10th, 2024 News Comments Off on $TMET.V Gold Stutters as Strong US Jobs Data Dampens Expectations of Large Rate Cuts

$FSTTF InvestorNewsBreaks – First Tellurium Corp. (CSE: FTEL) (OTC: FSTTF) Shares Additional Information on the PyroDelta Thermoelectric Generator, Relationship with Subsidiary

First Tellurium (CSE: FTEL) (OTC: FSTTF) today provided additional information to help answer inquiries related to materials involved in building the PyroDelta thermoelectric generators. According to the company, tellurium is the most important component and the chief catalyst of the generator’s effectiveness, as it provides one of the highest thermoelectric effects. The generator also uses other critical metals in its composition. The company noted that the tellurium-based generator is a strategic fit for its long-term growth. The additional information also covered PyroDelta Energy’s relationship with the company. Led by inventor Michael Abdelmaseh, PyroDelta Energy is a majority-owned, U.S.-based subsidiary of First Tellurium.

“Our focus on tellurium exploration, mining and technology is why Michael contacted us early on,” commented First Tellurium President and CEO Tyrone Docherty. “We believe we are the only public company in North America, if not the world, with this tellurium focus. After reviewing Michael’s research and test results, we believed backing him was a good strategic fit for the company. We then formed PyroDelta Energy to carry out our business plan to develop, build and market the generator.”

To view the full press release, visit https://ibn.fm/7Vr5y

About First Tellurium Corp.

First Tellurium’s unique business model is to generate revenue and value through mineral discovery, project development, project generation and development of tellurium-based technologies. First Tellurium proudly adheres to, and supports, the principles and rights set out in the United Nations Declaration on the Rights of Indigenous Peoples and in particular the fundamental proposition of free, prior and informed consent. First Tellurium is listed on the Canadian Stock Exchange under the symbol FTEL and on the OTC under the symbol FSTTF. Further information about FTEL and its projects can be found at www.FirstTellurium.com.

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

About InvestorWire

InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

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Thursday, October 10th, 2024 News Comments Off on $FSTTF InvestorNewsBreaks – First Tellurium Corp. (CSE: FTEL) (OTC: FSTTF) Shares Additional Information on the PyroDelta Thermoelectric Generator, Relationship with Subsidiary

$LEXX InvestorNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Begins Subject Dosing in Human Pilot Study #3 Evaluating Oral DehydraTECH-Processed Tirzepatide

Lexaria Bioscience (NASDAQ: LEXX, LEXXW), a global innovator in drug delivery platforms, announced Wednesday morning that dosing has begun for human pilot study #3. The study aims to investigate a DehydraTECH-processed version of Zepbound(R) (tirzepatide), the dual action glucagon-like peptide (“GLP-1”) + glucose-dependent insulinotropic peptide (“GIP”), in oral dose format.

The study will involve up to 10 healthy volunteers, with tolerability (side effects), blood absorption levels (pharmacokinetics or “PK”), and blood sugar control being evaluated. Lexaria hopes to evidence meaningful absorption rates of tirzepatide in a swallowed oral format, which is not available in the market, as the drug is administered only by injection.

To view the full press release, visit https://ibn.fm/ttdA8

About Lexaria Bioscience Corp.

DehydraTECH(TM) is Lexaria’s patented drug delivery formulation and processing platform technology that improves the way active pharmaceutical ingredients (“APIs”) enter the bloodstream through oral delivery. Since 2016, Lexaria has developed and investigated DehydraTECH with a variety of beneficial molecules in oral and topical formats. DehydraTECH has repeatedly demonstrated the ability to increase bio-absorption and has also evidenced an ability to deliver some drugs more effectively across the blood brain barrier, which Lexaria believes to be of particular importance for centrally active compounds. Lexaria holds a robust intellectual property portfolio with 46 patents granted and many patents pending worldwide. 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

About InvestorWire

InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

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Thursday, October 10th, 2024 News Comments Off on $LEXX InvestorNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Begins Subject Dosing in Human Pilot Study #3 Evaluating Oral DehydraTECH-Processed Tirzepatide

$LGVN InvestorNewsBreaks – Longeveron Inc. (NASDAQ: LGVN) to Present at This Month’s Congenital Heart Surgeons’ Society Annual Meeting

Longeveron (NASDAQ: LGVN), a clinical-stage regenerative medicine biotechnology company developing cellular therapies for life-threatening and chronic aging-related conditions, will be presenting at the 51st meeting of the Congenital Heart Surgeons’ Society. The meeting is scheduled for Oct. 27–28, 2024, in Chicago. Longeveron’s presentation will be part of the event’s Scientific Session II. Titled “Long-Term Transplant-Free Survival Is Improved in Hypoplastic Left Heart Syndrome with Cell-Based Therapy,” the presentation is slated to begin at 3:10 p.m. ET on Oct. 27.

“We are extremely excited to share this five-year, long-term survival data from our ELPIS I follow-on study at the CHSS meeting this year, and to have the opportunity to present at a leading forum for congenital heart disease clinical investigation,” said Longeveron CEO Wa’el Hashad in the press release. “Based on the strength of the ELPIS I data, we are currently conducting the ELPIS II phase 2b clinical trial, which is evaluating our cellular therapy Lomecel-B(TM) as a potential adjunct therapy for treating HLHS, and which, if positive, may serve as the foundation for a BLA submission for potential approval of Lomecel-B.”

To view the full press release, visit https://ibn.fm/c8I8R

About Longeveron Inc.

Longeveron is a clinical-stage, biotechnology company developing regenerative medicines to address unmet medical needs. The company’s lead investigational product is Lomecel-B(TM), an allogeneic medicinal signaling cell (“MSC”) therapy product isolated from the bone marrow of young, healthy adult donors. Lomecel-B(TM) has multiple potential mechanisms of action encompassing provascular, proregenerative, anti-inflammatory, and tissue repair and healing effects with broad potential applications across a spectrum of disease areas. Longeveron is currently pursuing three pipeline indications: hypoplastic left heart syndrome (“HLHS”), Alzheimer’s disease (“AD”) and Aging-Related Frailty. Lomecel-B development programs have received five distinct and important U.S. Food and Drug Administration (“FDA”) designations: for the HLHS program – Orphan Drug, Fast Track and Rare Pediatric Disease designations; and for the AD program – Regenerative Medicine Advanced Therapy (“RMAT”) and Fast Track designations. To learn more about the company, visit www.Longeveron.com.

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

About InvestorWire

InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

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Thursday, October 10th, 2024 News Comments Off on $LGVN InvestorNewsBreaks – Longeveron Inc. (NASDAQ: LGVN) to Present at This Month’s Congenital Heart Surgeons’ Society Annual Meeting

$ATBHF Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Releases Updated Report on Storm Copper Project Drilling Program

  • “The first deep drill hole of the year adds another success to the 2024 exploration program at Storm,” said Aston Bay CEO.
  • So far this year, the drilling program has completed a total of 128 RC drill holes and 14 diamond drill holes at Storm and Tempest, exceeding the planned target.
  • Data obtained from these drill holes will be “fed back into the model,” providing additional refinement to targeting for even better copper intercepts at depth.

Accelerated drilling at the Storm Copper Project has discovered Cyclone-style copper mineralization at depth and confirmed the prospectivity of the Central Graben area, reported Aston Bay Holdings (TSX.V: BAY) (OTC: ATBHF) in its latest update regarding the project’s 2024 drilling exploration program (https://ibn.fm/rxa1a). The program has focused on expansion at the Cyclone and Chinook Prospects and delineation drilling at the Lightning Ridge discovery and Thunder Prospect.

“The first deep drill hole of the year adds another success to the 2024 exploration program at Storm,” said Aston Bay CEO Thomas Ullrich. “The style of copper mineralization intercepted, and its stratigraphic location is similar to Cyclone — this may be the fault-offset southern portion of the deposit and could add to a potential future resource.

“In addition to extensions to known mineralization, this discovery highlights the discovery potential of the deeper stratigraphic levels in the Central Graben area, an expanse of over 10-square kilometers,” Ullrich continued. “Every deep drill hole has hit copper mineralization at approximately the same depth, and we continue to improve our geophysical modeling to hit thicker and higher-grade intercepts in this very large and prospective horizon.”

The drilling program is being conducted by American West Metals Limited. Aston Bay and American West are working together on the Storm Project property, having formed a 20/80 unincorporated joint venture. According to the agreement, Aston Bay maintains a free carried interest until a decision to mine upon completion of a bankable feasibility study.

So far this year, the two companies have reported a total of 128 RC drill holes and 14 diamond drill holes completed at Storm and Tempest, exceeding the planned target of 20,000 meters (https://ibn.fm/i7CTT). Drilling will continue in the coming weeks, with additional assays expected in batches.

Aston Bay noted that recent results from the Cyclone Deposit have confirmed further intersections of high-grade copper up to 13.5% Cu, both within and outside the current resource envelope, while exploration drilling targeting a moving-loop electromagnetic (“MLEM”) anomaly in the Southern Graben area has intersected strong visual copper sulfides at the end of the hole. Aston Bay has named the new discovery and area Squall and is reporting that the drill hole is being extended to confirm the full extent of the mineralization.

“The value of these deeper discoveries is not limited to the potential value of the copper alone,” Ullrich observed. “The geophysical signature of exploration success that we obtain from these drill holes will be fed back into the model to further refine our targeting for even better copper intercepts at depth.”

These are among the benefits that Aston Bay is eyeing as it focuses on exploring for high-grade critical and precious metal deposits in both Canada and the United States. The company is aggressively advancing the high-grade Storm Copper Project in Nunavut, Canada, toward development with partner American West Metals. The company is free carried for all expenditures at the project until decision to mine. Aston Bay is looking to replicate the success of Storm with its Epworth Copper Project, also located in Nunavut, where surface samples have yielded up to 61% copper with 5600 g/t silver as well as cobalt, zinc, gold. The company is also exploring the high-grade (up to 62.51 g/t Au) Buckingham Gold Vein and critical metals prospects in central Virginia.

For more information, visit AstonBayHoldings.com.

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

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

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Thursday, October 10th, 2024 News Comments Off on $ATBHF Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Releases Updated Report on Storm Copper Project Drilling Program

$CLNN InvestorNewsBreaks – Clene Inc. (NASDAQ: CLNN) Announces Participation at Two Upcoming Investor Conferences

Clene (NASDAQ: CLNN) (along with its subsidiaries, “Clene”) and its wholly owned subsidiary Clene Nanomedicine Inc., is a clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, including amyotrophic lateral sclerosis (“ALS”) and multiple sclerosis (“MS”). Clene announced Wednesday morning that it will participate in two investor conferences this month.

The company will deliver a virtual presentation on October 15, 2024, at 2:30 p.m. ET, during the 2024 Maxim Healthcare Virtual Summit. This three-day event is scheduled for October 15-17, 2024. Clene will later this month present at the one-day ThinkEquity Conference 2024, which will be held at the Mandarin Oriental Hotel in New York on October 30, 2024. The company’s presentation is slated for 3:30 p.m. ET.

To view the full press release, visit https://ibn.fm/s1tOZ

About Clene Inc.

Clene (along with its subsidiaries, “Clene”) and its wholly owned subsidiary Clene Nanomedicine Inc., is a late clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, including amyotrophic lateral sclerosis, Parkinson’s disease and multiple sclerosis. CNM-Au8(R) is an investigational first-in-class therapy that improves central nervous system cells’ survival and function via a mechanism that targets mitochondrial function and the NAD pathway while reducing oxidative stress. CNM-Au8(R) is a federally registered trademark of Clene Nanomedicine, Inc. The company is based in Salt Lake City, Utah, with R&D and manufacturing operations in Maryland. For more information, please visit www.Clene.com.

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

About InvestorWire

InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

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Please see full terms of use and disclaimers on the InvestorWire website applicable to all content provided by IW, wherever published or re-published: https://www.InvestorWire.com/Disclaimer

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Thursday, October 10th, 2024 News Comments Off on $CLNN InvestorNewsBreaks – Clene Inc. (NASDAQ: CLNN) Announces Participation at Two Upcoming Investor Conferences

$SOBR InvestorNewsBreaks – SOBR Safe Inc. (NASDAQ: SOBR) Closes on $8.2M Private Placement

SOBR Safe (NASDAQ: SOBR) (“SOBRsafe”), a provider of next-generation transdermal alcohol detection solutions, today announced the closure of a private placement with certain institutional investors. The offering, which consisted of 2,024,691 units issued by the company, raised aggregate gross cash proceeds of $8.2 million before deductions. SOBRsafe plans to use the net proceeds from the private placement for general corporate processes and working capital.

To view the full press release, visit https://ibn.fm/vVQqN

About SOBRsafe(TM)

Alcohol misuse is the fourth leading cause of preventable death in America, and the seventh worldwide. Yet prevention and monitoring solutions have not kept pace with this epidemic. Legacy technologies are invasive and inefficient, unhygienic and unconnected. There has to be a better way. Enter SOBRsafe(TM), where advanced transdermal (touch-based) technology detects and instantaneously reports the presence of alcohol as emitted through a user’s skin – no breath, blood or urine sample is required. With a powerful backend data platform, SOBRsafe provides next-generation, passive detection technology for the behavioral health, judicial and consumer markets, and for licensing and integration. The SOBRsafe technology is commercially available for point-of-care screening (“SOBRcheck”) and continuous monitoring (“SOBRsure”). SOBRsafe is creating a culture of prevention and support. To learn more, visit www.SOBRsafe.com.

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

About InvestorWire

InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

For more information, please visit https://www.InvestorWire.com

Please see full terms of use and disclaimers on the InvestorWire website applicable to all content provided by IW, wherever published or re-published: https://www.InvestorWire.com/Disclaimer

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Thursday, October 10th, 2024 News Comments Off on $SOBR InvestorNewsBreaks – SOBR Safe Inc. (NASDAQ: SOBR) Closes on $8.2M Private Placement
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