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Month: May 2024

Century Lithium Unveils Robust Feasibility Study Results for Clayton Valley Lithium Project

Cloud PRWire
–News Direct– Century Lithium CEO Bill Willoughby joined Steve Darling from Proactive to reveal the highly promising outcomes of its extensive 43-101 Feasibility Study conducted on its flagship Clayton Valley Lithium Project in Nevada. The company's comprehensive analysis underscores a compelling future for the project, driven by a proposed three-phase production plan set to yield an average annual output of 34,000 tonnes of battery-grade lithium carbonate. Backed by over two years of rigorous testing at the company's Pilot Plant, the Feasibility Study presents a solid foundation for the project's viability. Notably, the Mineral Resource Estimate encompasses Measured and Indicated resources totaling a substantial 1,207.33 million tonnes, boasting an average grade ...

Nevis Brands Expands Major Distribution with Exclusive Licensing Agreement in Mississippi

Cloud PRWire
–News Direct– Nevis Brands CEO John Kueber joined Steve Darling from Proactive to announce the company has announced a significant expansion in Major's distribution through an exclusive licensing agreement with Stash House for production and distribution in Mississippi. Under this agreement, Stash House will have exclusive rights to produce and distribute the full lineup of Major products in the state. The Major lineup includes dose-able 100mg THC beverages available in flavors such as Blueberry, Fruit Punch, and Blackberry Lemonade. Known for delivering the effects of cannabis within a short timeframe of 10-20 minutes after consumption, Major has gained popularity since its initial launch in Washington State in 2019, with over 5 million bottles sold to date. Kueber highlighted M...

Cloud DX Reports Significant Revenue and Profit Growth in 2023

Cloud PRWire
–News Direct– Cloud DX CEO Robert Kaul joined Steve Darling from Proactive to discuss the company's impressive performance in its 2023 full-year results. Notably, Cloud DX reported a substantial 55.4% increase in revenue, reaching $1.8 million. A key driver of this growth was the remarkable surge in subscription revenue, which soared by nearly 70%, surpassing the overall revenue increase. This shift towards subscription revenue, characterized by high margins exceeding 90%, has significantly bolstered profitability, with gross profit doubling to $1.2 million, reflecting a remarkable 112% increase. The company's stellar performance is further underscored by its operational efficiency, as evidenced by a noteworthy $1.3 million reduction in operating expenses. This reduction ...

BioHarvest Sciences Reports Strong Financial Performance for 2023, Eyes Nasdaq Listing

Cloud PRWire
–News Direct– BioHarvest Sciences CEO Ilan Sobel joined Steve Darling from Proactive to share the company's impressive financial and operational results for the fourth quarter and full year ended December 31, 2023. Revenue surged by 131% to $12.7 million in 2023, compared to $5.5 million in 2022, with fourth quarter revenue growing by 85% to $4.5 million. Notably, gross margins for the fourth quarter improved to 51%, up from 27% in the same period of 2022, and full-year gross margins rose to 45%, from 22% in 2022. In the US market, BioHarvest Sciences experienced significant growth, with new customer and subscriber counts more than doubling. Despite this growth, marketing costs increased by only 48%, while customer churn and cost of acquisition decreased, indicating improved effi...

Applied Graphite Technology announces company now trading on OTCQB with ticker AGRTF

Cloud PRWire
–News Direct– Applied Graphite Technology Corporation CEO Don Baxter joined Steve Darling from Proactive to announce a significant milestone with the successful completion of the cross-listing of its common shares on the OTCQB Venture market. The company's common shares are now actively trading on the OTCQB under the ticker symbol "AGRTF", while still maintaining its primary listing on the TSX Venture Exchange under the ticker symbol "AGT". CEO Don Baxter emphasized the strategic importance of this listing, highlighting the opportunity it presents for Applied Graphite Technologies to tap into a large United States investor base. This move is expected to not only allow investors to directly participate in the company's growth but also enhanc...

Silver Range Resources announces plans to raise capital as company readies 2024 exploration plans

Cloud PRWire
–News Direct– Silver Range Resources CEO Mike Power joined Steve Darling from Proactive to announce the company is gearing up for continued exploration and prospecting activities in 2024, with plans to raise approximately $300,000 through a market offering. CEO Mike Power shared the company's strategy, emphasizing the importance of securing funding to support ongoing operations and capitalize on potential market improvements. Power highlighted the current market conditions in the junior gold mining sector, describing it as depressed but poised for recovery, particularly in light of gold price trends. Despite the challenges posed by the current environment, he expressed optimism about the sector's near-term prospects and anticipated changes that could unfold in the coming ...

Magnetite Mines builds green iron ore vision in pivotal March quarter

Cloud PRWire
–News Direct– Magnetite Mines Ltd (ASX:MGT) CEO Tim Dobson is back with Proactives Elisha Newell to deliver the highlights of the companys latest quarterly report.The first three months of 2024 saw MGT make headway on several key endeavours as it continues to shape the cornerstone Razorback Iron Ore Project, where it's out to deliver premium DR-grade iron ore concentrates to support emerging demand from the decarbonising iron and steelmaking industry.Over the quarter, the company made headway on its strategic partnering discussions, with due diligence completed by several key groups and transactional negotiations in progress. This process took company reps to Japan and Saudi Arabia to engage in face-to-face meetings with some prospective partners, which accelerated relationships w...

Casino Utan Svensk Licens

Cloud PRWire
–News Direct– I Sverige r spelmarknaden strikt reglerad fr att skerstlla skerhet, trygghet och rttvisa fr konsumenterna. Trots detta vljer ett mrkbart antal operatrer att kringg det svenska licenssystemet. Dessa olicensierade casinon lockar till sig en betydande spelarbas, vilket vcker frgor om deras dragningskraft och de risker som r involverade. Denna artikel granskar varfr vissa operatrer undviker att skaffa en svensk licens, attraktionerna hos dessa plattformar fr spelarna, och de bredare konsekvenserna fr industrin. Varfr operatrer avstr frn svenska licenser De svenska spelreglerna r bland de strngaste i Europa, infrda fr att bekmpa spelberoende och skerstlla ansvarsfullt spelande. Den Svenska Spelmyndigheten (SGA) krver strikta tgrder, inklusive grnser fr bonusar, strikta reklamrikt...

World Blockchain Summit: Pioneering Insights and Strategic Partnerships Ignite in Dubai

Cloud PRWire
Dubai, UAE, 30th April 2024, ZEX PR WIRE, Building on the momentum from a successful first day of the World Blockchain Summit (#WBS), organized by Trescon, Day 2 concluded with thought-provoking discussions, cutting-edge innovations, and actionable insights at the JW Marriott Hotel Marina in Dubai. Held on April 22nd and 23rd, the event gathered leading industry experts, blockchain innovators, government stakeholders, and investors, collectively spotlighting the practical applications of next-generation blockchain solutions. The World Blockchain Summit outdid expectations drawing over 2000+ C-Suite, 300+ investors, 100+ sponsors, and 50+ speakers. The event fostered a dynamic environment for learning, networking, and innovation.  Filled with rich discussions and insightful keynotes, the...

Gold Stocks Outperformed Bullion During Gold Bull Runs Over Past 20 Years Junior Miners Like Austin Gold Offer Leveraged Bet On Gold Price

Cloud PRWire
–News Direct– By Austin DeNoce, Benzinga The allure of gold has once again captured the market's imagination, hinting at the onset of a potential bull run that could see prices soaring to unprecedented heights. In the midst of this financial fervor, gold exploration companies like Austin Gold (AMEX: AUST) could be positioned to reap significant benefits. The company is forecasting a wide range for gold prices this decade, but its upper bound is $35,000, largely based on the precious metals historic relationship to the monetary base. With that in mind, historical patterns have shown the tendency for gold mining stocks to significantly outperform bullion in bull markets over the past twenty years setting the stage for a potentially lucrative era for miners and investors alike. Min...