Breaking
Americans Rule Trading
Author

admin

Browsing
Investing

Homerun Resources Inc. Files for Approval of $3 Million Financing; Updates $6 Million Institutional Financing

Investing 5 Mins Read

Homerun Resources Inc. (TSXV: HMR,OTC:HMRFF) (OTCQB: HMRFF) (‘Homerun’ or the ‘Company’) is pleased to announce that the Company has filed documents with the TSX Venture Exchange (the ‘Exchange’) seeking conditional approval for its $3 million, $1.00 unit (‘Unit’) private placement financing (the ‘Financing’).

Further, and on receipt of Exchange approval, the Company will close a first tranche for gross proceeds of $1,568,000 and will issue 1,568,000 Units, each Unit consisting of one common share of the Company and one common share purchase warrant (the ‘Warrants’), the warrants being exercisable for an additional common share of the Company at an exercise price of CA$1.30 for 24 months. The Warrants will be subject to the right of the Company to accelerate the exercise period of the warrants if shares of the company close at or above CA$2 for a period of 10 consecutive trading days.

Proceeds from the financing will be used for project payments, continuing development of the Company’s projects and general working capital. In connection with the Financing and on receipt of Exchange approval, the Company will pay cash finder’s fees of $28,455 and issue 28,455 Non-Transferable Broker Warrants. All securities issued pursuant to the Financing are subject to a four-month and one-day hold period.

One insider subscribed to the Financing for $100,000 or 100,000 Units, that portion of the Financing is a ‘related party transaction’ as such term is defined under MI 61-101 – Protection of Minority Security Holders in Special Transactions. The Company is relying on exemptions from the formal valuation requirement of MI-61-101 under sections 5.5(a) and (b) of MI 61-101 in respect of the transaction as the fair market value of the transaction, insofar as it involves the interested party, is not more than 25% of the Company’s market capitalization.

UPDATE ON $6M INSTITUTIONAL FINANCING

Further to Homerun’s News Release of June 16th 2025, announcing the Binding Term Sheet with an institutional investor, the Company is pleased to provide an update that the financing is in final review and closing processes with the Exchange.

About Homerun (www.homerunresources.com)

Homerun (TSXV: HMR,OTC:HMRFF) is a vertically integrated materials leader revolutionizing green energy solutions through advanced silica technologies. As an emerging force outside of China for high-purity quartz (HPQ) silica innovation, the Company controls the full industrial vertical from raw material extraction to cutting-edge solar, battery and energy storage solutions. Our dual-engine vertical integration strategy combines:

Homerun Advanced Materials

  • Utilizing Homerun’s robust supply of high purity silica sand and quartz silica materials to facilitate domestic and international sales of processed silica through the development of a 120,000 tpy processing plant.

  • Pioneering zero-waste thermoelectric purification and advanced materials processing technologies with University of California – Davis.

Homerun Energy Solutions

  • Building Latin America’s first dedicated high-efficiency, 365,000 tpy solar glass manufacturing facility and pioneering new solar technologies based on years of experience as an industry leader in developing photovoltaic technologies with a specialization in perovskite photovoltaics.

  • European leader in the marketing, distribution and sales of alternative energy solutions into the commercial and industrial segments (B2B).

  • Commercializing Artificial Intelligence (AI) Energy Management and Control System Solutions (hardware and software) for energy capture, energy storage and efficient energy use.

  • Partnering with U.S. Dept. of Energy/NREL on the development of the Enduring long-duration energy storage system utilizing the Company’s high-purity silica sand for industrial heat and electricity arbitrage and complementary silica purification.

With six profit centers built within the vertical strategy and all gaining economic advantage utilizing the Company’s HPQ silica, across, solar, battery and energy storage solutions, Homerun is positioned to capitalize on high-growth global energy transition markets. The 3-phase development plan has achieved all key milestones in a timely manner, including government partnerships, scalable logistical market access, and breakthrough IP in advanced materials processing and energy solutions.

Homerun maintains an uncompromising commitment to ESG principles, deploying the cleanest and most sustainable production technologies across all operations while benefiting the people in the communities where the Company operates. As we advance revenue generation and vertical integration in 2025, the Company continues to deliver shareholder value through strategic execution within the unstoppable global energy transition.

On behalf of the Board of Directors of
Homerun Resources Inc.,

‘Brian Leeners’

Brian Leeners, CEO & Director
brianleeners@gmail.com / +1 604-862-4184 (WhatsApp)

Tyler Muir, Investor Relations
info@homerunresources.com / +1 306-690-8886 (WhatsApp)

FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

The information contained herein contains ‘forward-looking statements’ within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be ‘forward-looking statements’.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/260023

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

Keep Reading
Investing

Metals & Mining Virtual Investor Conference: Presentations Now Available for Online Viewing

Investing 3 Mins Read

 

Virtual Investor Conferences, the leading proprietary investor conference series, today announced the presentations from the Metals & Mining Virtual Investor Conference, held July 23 rd and 24 th are now available for online viewing.

 

   REGISTER AND VIEW PRESENTATIONS HERE   

 

The company presentations will be available 24/7 for 90 days. Investors, advisors, and analysts may download investor materials from the company’s resource section.

 

Select companies are accepting 1×1 management meeting requests through July 29 th .

 

  July 23   rd  

 

                      

  Presentation     Ticker(s)  
Andean Silver Ltd.   (OTCQX: ADSLF | ASX: ASL)  
G50 Corp. Limited   (OTCQB: GFTYF | ASX: G50)  
Silver Tiger Metals Inc.   (OTCQX: SLVTF | TSXV: SLVR)  
Viva Gold Corp.   (OTCQB: VAUCF | TSXV: VAU)  
Liberty Gold Corp.   (OTCQX: LGDTF | TSX: LGD)  
UR-Energy Inc.   (NYSE American: URG | TSX: URE)  
Arizona Sonoran Copper Company   (OTCQX: ASCUF | TSX: ASCU)  
Northisle Copper & Gold Inc.   (OTCQX: NTCPF | TSXV: NCX)  
 Element79 Gold Corp.   (OTCQB: ELMGF | CSE: ELEM)  
Rackla Metals Inc.   (TSXV: RAK)  

 

  
July 24   th  

 

                

  Presentation     Ticker(s)  
Heliostar Metals Ltd.   (OTCQX: HSTXF | TSXV: HSTR)  
Camino Minerals Corp   (OTCID: CAMZF | TSXV: COR)  
West Red Lake Gold Mines Ltd.   (OTCQB: WRLGF | TSXV: WRLG)  
 Silver47 Exploration Corp.   (OTCQB: AAGAF | TSXV: AGA,OTC:AAGAF)
Axcap Ventures Inc.   (OTCID: GARLF | CSE: AXCP)  
AbraSilver Resource Corp.   (OTCQX: ABBRF | TSX: ABRA)  
Myriad Uranium Corp.   (OTCQB: MYRUF | CSE: M)  

 

 
To facilitate investor relations scheduling and to view a complete calendar of Virtual Investor Conferences, please visit www.virtualinvestorconferences.com .

 

  About Virtual Investor Conferences   ®

 

Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

 

Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

 

  Media Contact:  
OTC Markets Group Inc. +1 (212) 896-4428,   media@otcmarkets.com   

 

  Virtual Investor Conferences Contact:  
John M. Viglotti
SVP Corporate Services, Investor Access
OTC Markets Group
(212) 220-2221
johnv@otcmarkets.com  

 

   

 

 

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

Keep Reading
Business

UnitedHealth says it faces DOJ investigation over Medicare billing practices

Business 2 Mins Read

UnitedHealth Group revealed Thursday it is facing a Justice Department investigation over its Medicare billing practices.

It comes after the Wall Street Journal reported in May that the Department of Justice is conducting a criminal investigation into the health-care giant over possible Medicare fraud. In response at the time, the company said it stands “by the integrity of our Medicare Advantage program.”

In July, the Journal also reported that the DOJ interviewed several doctors about UnitedHealth’s practices and whether they felt pressured to submit claims for certain conditions that bolstered payments from the Medicare Advantage program to the company.

That marked the second time this year that the insurer’s Medicare Advantage business has come under federal scrutiny. The Journal also reported in February that the DOJ is conducting a civil investigation into whether the company inflated diagnoses to trigger extra payments to its Medicare Advantage plans.

But in March, UnitedHealth moved a step closer to ending a yearslong legal battle with the DOJ that began with a whistleblower who alleged the company illegally withheld at least $2 billion through the Medicare Advantage program. A special master assigned to the case by the judge issued a recommendation in favor of UnitedHealth, saying the DOJ lacked evidence.

UnitedHealthcare’s Medicare and retirement segment, which includes the Medicare Advantage business, is UnitedHealth Group’s largest revenue driver, raking in $139 billion in sales last year.

The update in the probe comes after a tumultuous last year for UnitedHealthcare, the nation’s largest and most powerful private health insurer. Shares of UnitedHealthcare’s parent company, UnitedHealth Group, are down more than 42% for the year after it suspended its 2025 forecast amid skyrocketing medical costs, announced the surprise exit of former CEO Andrew Witty and grappled with the reported probe into its Medicare Advantage business.

The company’s 2024 wasn’t any easier, marked by a historic cyberattack and the torrent of public blowback after the murder of UnitedHealthcare’s CEO, Brian Thompson.

This post appeared first on NBC NEWS

Keep Reading
Business

Uber will let women drivers and riders request to avoid being paired with men

Business 2 Mins Read

Uber announced a new feature Wednesday that pairs women drivers and riders, in its latest move to address safety on the ride-hailing platform.

The new tool, which the platform will begin piloting next month in the U.S., allows women passengers to match with women drivers when booking or pre-booking rides, and create a preference in their app settings. Women drivers can also choose to drive women.

“It’s about giving women more choice, more control, and more comfort when they ride and drive,” Camiel Irving, Uber’s vice president of U.S. and Canada operations, said in a release.

The company said the rider’s preference isn’t guaranteed but the feature increases the chances women will be paired in the app.

Uber will pilot the program in Los Angeles, San Francisco and Detroit. The company also said it tested the feature in countries such as France, Germany and Argentina.

This isn’t Uber’s first foray into gender preferences on its platform.

In 2019, Uber rolled out a women rider preference feature for female drivers in Saudi Arabia after women won the right to drive in 2018. That offering later expanded to about 40 countries. A survey from the company in 2015 found that about a fifth of its U.S. drivers were women.

Over the years, ride-hailing companies such as Uber and Lyft have faced safety concerns and questions over the roles these platforms have played in various sexual assault and harassment incidents.

Uber has rolled out several features in recent years to improve safety on the platform, including teen accounts and rider and pin verification.

Competitor Lyft launched an option in late 2023 that pairs women and nonbinary drivers and riders.

This post appeared first on NBC NEWS

Keep Reading
Business

Alphabet beats earnings expectations, raises spending forecast

Business 3 Mins Read

Alphabet reported second-quarter results on Wednesday that beat on revenue and earnings, but the company said it would raise its capital investments by $10 billion in 2025.

Here’s how the company did, compared with estimates from analysts polled by LSEG:

Wall Street is also watching several other numbers in the report:

The company’s overall revenue grew 14% year over year, higher than the 10.9% Wall Street expected, but Alphabet is going to spend more on artificial intelligence in 2025 than it anticipated.

In February, the company said it expected to invest $75 billion in capital expenditures in 2025 as it continues to expand on its AI strategy. That was already above the $58.84 billion Wall Street expected at the time.

The company increased that figure on Wednesday to $85 billion, saying it was raising it due to “strong and growing demand for our Cloud products and services.” The company expects to further increase capital expenditures in 2026, Alphabet finance chief Anat Ashkenazi said on an earnings call.

The company reported revenue of $13.62 billion for its cloud computing business, which is a 32% increase from a year ago. Last week, OpenAI announced that it expected to use Google’s cloud infrastructure for its popular ChatGPT service. Alphabet CEO Sundar Pichai said “we are very excited to be partnering with them.”

Alphabet’s net income increased to $28.20 billion, up nearly 20% from the previous year.

The company’s search and advertising units still showed growth in the second quarter despite AI competition heating up. The company’s search unit brought in $54.19 billion during the quarter, and its advertising revenue grew to $71.34 billion — up about 10.4% from $64.61 billion the year prior.

YouTube advertising revenue came in at $9.8 billion, higher than Wall Street expected.

The company said its “Other Bets” segment, which includes its self-driving car unit Waymo and life sciences unit Verily, brought in $373 million — up from $365 million a year ago. Other Bets reported a loss of $1.25 billion, up from the $1.13 billion a year ago.

AI Overviews, Google’s AI search product that summarizes search results, now has upward of two billion monthly users across more than 200 countries and territories, Pichai said during Wednesday’s earnings call. That’s up from 1.5 billion monthly users last quarter.

The Gemini app, which has the company’s AI chatbot, now has more than 450 million monthly active users, Pichai said.

When asked about large spending on AI talent, Ashkenazi said Alphabet makes “sure that we invest appropriately to have the best and brightest minds in the industry.”

Google made a splash in the AI talent wars, announcing earlier in July that it would bring in Windsurf CEO Varun Mohan and other top researchers at the AI coding startup as part of a $2.4 billion deal that also includes licensing the company’s technology.

Total operating expenses increased 20% to $26.1 billion, Ashkenazi said on Wednesday. The biggest driver of growth was expenses for legal and other matters due in part to a $1.4 billion charge related to a settlement, she said on Wednesday’s earnings call. Texas Attorney General Ken Paxton in May announced a $1.37 billion settlement with Google related to a data privacy rights lawsuit it made against the company in 2022.

Ashkenazi said Alphabet’s third-quarter revenue “could see a tailwind” due to several reasons. That includes a negative impact for advertising, which benefited from “strong spend on U.S. elections” in late 2024, particularly on YouTube, she said.

This post appeared first on NBC NEWS

Keep Reading
Stock

A Wild Ride For the History Books: 2025 Mid-Year Recap

Stock 1 Min Read

Markets don’t usually hit record highs, risk falling into bearish territory, and spring back to new highs within six months. But that’s what happened in 2025.

In this special mid-year recap, Grayson Roze sits down with David Keller, CMT, to show how disciplined routines, price-based signals, and a calm process helped them ride the whipsaw instead of getting tossed by it. You’ll see what really happened under the surface, how investor psychology drove the swings, and the exact StockCharts tools they leaned on to stay objective. 

If you’re focused on protecting capital, generating income, and sleeping well at night while still capturing the upside, this is a must-watch. Discover which charts deserve your attention now, what to ignore, and how to prep for the back half of 2025. 

This video premiered on July 23, 2025. Click on the above image to watch on our dedicated Grayson Roze page on StockCharts TV.

You can view previously recorded videos from Grayson at this link.

Keep Reading
Stock

Is META Breaking Out or Breaking Down?

Stock 4 Mins Read

The chart of Meta Platforms, Inc. (META) has completed a roundtrip from the February high around $740 to the April low at $480 and all the way back again.  Over the last couple weeks, META has now pulled back from its retest of all-time highs, leaving investors to wonder what may come next.

Is this the beginning of a new downtrend phase for META?  Or just a brief pullback before a new uptrend phase propels META to new all-time highs?

Today we’ll look at two potential scenarios, including the double top pattern and the cup and handle pattern, and share which technical indicators and approaches could help us determine which path plays out into August.

The double top scenario basically means that the late July retest of the previous all-time high was the end of the recent uptrend phase.  The double top pattern is literally when a major resistance level is set and then retested.  The implication is that a lack of willing buyers means the uptrend is exhausted, and there is nowhere to go but down.

While the 21-day exponential moving average is currently in play for META, I would say that a break below the 50-day moving average could confirm this as the correct scenario.  If that smoothing mechanism does not hold, then the price action would imply less of a pullback and more like the beginning of a real distribution phase.

What is META pulls back but then resumes an uptrend phase, leading META to another new all-time high?  That would result in a confirmed cup and handle pattern, created by a large rounded bottoming pattern followed by a brief pullback.  The key to this pattern is the “rim” of the cup, which sits right at $740 for META.

Given the pullback META has demonstrated so far in July, I would say that a break above the $740 level would basically confirm a bullish cup and handle pattern.  That would suggest much more upside potential for META, as the stock would literally go into previously uncharted territory.

So how can we determine which scenario is more likely to play out?  This is where we need to incorporate more technical indicators into the discussion, as a way to further validate and confirm our investment thesis.

Just to review, I think a break above $740 would confirm a bullish cup and handle pattern.  I would also say that a break below the $680 level, which would represent a move below the 50-day moving average as well as the June swing lows, would basically confirm a bearish double top pattern.

We can also use the Relative Strength Index (RSI) to help determine whether META remains in a bullish trend phase.  During bull phases, the RSI rarely gets below 40, because buyers usually step in to “buy the dips” and keep the momentum fairly constructive.  So if the price would break down, and the RSI would not hold that crucial 40 level, that could mean a bearish outlook is warranted.

Finally, we can use volume-based indicators to assess whether moves in the price are supported by stronger volume readings.  Here I’ve included the Accumulation/Distribution Line, which tracks the trend in daily volume readings over time.  We can see that the high in July resulted in a divergence, as the A/D line was trending lower.  If the A/D line would break below its June and July lows, marked by a dashed red line, that would represent a bearish volume reading for META.

Technical analysis is less about predicting the future, and more about determining the most probable scenarios based on our analysis of trend, momentum, and volume.  I hope this discussion shows how the outlook for META can be easily determined and tracked using the best practices of technical analysis!

RR#6,

Dave

PS- Ready to upgrade your investment process?  Check out my free behavioral investing course!

David Keller, CMT

President and Chief Strategist

Sierra Alpha Research LLC

marketmisbehavior.com

https://www.youtube.com/c/MarketMisbehavior

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice.  The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.  

The author does not have a position in mentioned securities at the time of publication.    Any opinions expressed herein are solely those of the author and do not in any way represent the views or opinions of any other person or entity.

Keep Reading
Investing

FPX Nickel Provides Update on Normal Course Issuer Bid

Investing 2 Mins Read

 

 

 FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) (‘ FPX ‘ or the ‘ Company ‘) is pleased to provide an update on its Normal Course Issuer Bid (‘ NCIB ‘) that was announced on December 2, 2024 . Since December 5, 2024 the Company has repurchased a total of 720,000 common shares (‘ Common Shares ‘) of the Company at an average price of $0.24 per share under the NCIB.

 

 

   

 

 

The repurchased shares represent progress toward the Company’s ability to acquire up to an aggregate of 5,000,000 Common Shares, representing approximately 2% of the Company’s issued and outstanding shares, over the 12-month period ending December 5, 2025 . All shares repurchased under the NCIB have been cancelled.

 

Purchases under the NCIB continue to be executed through open market transactions on the TSX Venture Exchange, with the acquisition price determined by the prevailing market conditions at the time of each transaction. Cormark Securities Inc. is managing the NCIB on behalf of FPX.

 

  About FPX Nickel Corp.  

 

 FPX Nickel Corp.  is focused on the exploration and development of the Decar Nickel District, located in central British Columbia , and other occurrences of the same unique style of naturally occurring nickel-iron alloy mineralization known as awaruite.  For more information, please view the Company’s website at   https://fpxnickel.com/.   

 

On behalf of FPX Nickel Corp.

 

‘Martin Turenne’
Martin Turenne , President, CEO and Director

 

   Forward-Looking Statements   

 

  Certain of the statements made and information contained herein is considered ‘forward-looking information’ within the meaning of applicable Canadian securities laws. These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed in the Company’s periodic filings with Canadian securities regulators. Actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement.  

 

  Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.  

 

SOURCE FPX Nickel Corp.

 

 

 

  View original content to download multimedia: http://www.newswire.ca/en/releases/archive/July2025/24/c8569.html  

 

 

 

News Provided by Canada Newswire via QuoteMedia

This post appeared first on investingnews.com

Keep Reading
Investing

IBN Announces Latest Episode of The MiningNewsWire Podcast featuring Chairman Kal Malhi and CEO Paul Ténière of LaFleur Minerals Inc.

Investing 6 Mins Read

 

Via IBN IBN a multifaceted communications organization engaged in connecting public companies to the investment community, is pleased to announce the release of the latest episode of The MiningNewsWire Podcast as part of its sustained effort to provide specialized content distribution via widespread syndication channels.

 

The MiningNewsWire Podcast features revealing sit-downs with executives who are shaping the future of the global mining industry. The latest episode features Chairman Kal Malhi and CEO Paul Ténière of LaFleur Minerals Inc. (CSE: LFLR,OTC:LFLRF) (OTCQB: LFLRF) , a Canadian exploration and development company focused on gold assets in Québec’s Abitibi region.

 

To begin the interview, Ténière outlined LaFleur Minerals’ strategy as a near-term gold producer.

 

‘We’re an interesting company in the fact that we have an advanced gold project in Québec’s Abitibi Gold Belt and a nearby permitted mill,’ he said. ‘That puts us in a strong position as a near-term gold producer.’

 

Malhi, who is also the founder of Bullrun Capital , then detailed how LaFleur acquired its flagship assets and how the company is positioned for rapid development.

 

‘Two years ago, I started looking at the opportunities in the gold mining sector. I didn’t want to go and acquire a grassroots project… but I did come across a bankruptcy,’ he explained. ‘We were able to win a bid on the Beacon Gold Mill, which Monarch had invested $20 million into upgrading. It’s fully permitted and ready to rock. We also acquired a nearby gold deposit called the Swanson Gold Deposit… We’ve turned that project into LaFleur Minerals. Now, with gold prices surging, the economics have changed phenomenally — and we may look at producing not just from our own property, but also from others in the region.’

 

Ténière closed by emphasizing LaFleur’s accelerated timeline and production-ready infrastructure.

 

‘We have a mining lease at Swanson, which allows us to get into production much faster than we could otherwise,’ he said. ‘With gold hitting over $3,000 an ounce, it makes a lot of these deposits very economically viable… It’s an exciting time to be in gold, and we’re in a great position to move quickly.’

 

Join IBN’s Stuart Smith for a conversation with LaFleur Minerals Chairman Kal Malhi and CEO Paul Ténière on restarting gold production in Québec, scaling a district-scale asset, and accelerating into the gold producer category.

 

To hear the whole podcast and subscribe for future episodes, visit https://podcast.miningnewswire.com  

 

The latest installment of The MiningNewsWire Podcast continues to reinforce IBN’s commitment to the expansion of its robust network of brands, client partners, followers and the growing IBN Podcast Series . For more than 19 years, IBN has leveraged this commitment to provide unparalleled distribution and corporate messaging solutions to 500+ public and private companies .

 

To learn more about IBN’s achievements and milestones via a visual timeline, visit:   https://IBN.fm/TimeLine   

 

  About LaFleur Minerals Inc.  

 

 LaFleur Minerals Inc. is focused on the development of district-scale gold projects in the Abitibi Gold Belt near Val-d’Or, Québec. The company’s mission is to advance mining projects with a laser focus on its resource-stage Swanson Gold Project and the Beacon Gold Mill, which have significant potential to deliver long-term value.

 

The Swanson Gold Project is approximately 16,600 hectares (166 km 2 ) in size and includes several prospects rich in gold and critical metals previously held by Monarch Mining, Abcourt Mines, and Globex Mining. LaFleur has recently consolidated a large land package along a major structural break that hosts the Swanson, Bartec, and Jolin gold deposits and several other showings which make up the Swanson Gold Project. The Swanson Gold Project is easily accessible by road with a rail line running through the property allowing direct access to several nearby gold mills, further enhancing its development potential.

 

 LaFleur Minerals’ fully-refurbished and permitted Beacon Gold Mill is capable of processing over 750 tonnes per day and is being considered for processing mineralized material at Swanson and for custom milling operations for other nearby gold projects.

 

For more information, visit the company’s website at www.LaFleurMinerals.com  

 

  About IBN  

 

  IBN consists of financial brands introduced to the investment public over the course of 19+ years. With IBN, we have amassed a collective audience of millions of social media followers. These distinctive investor brands aim to fulfill the unique needs of a growing base of client-partners. IBN will continue to expand our branded network of highly influential properties, leveraging the knowledge and energy of specialized teams of experts to serve our increasingly diversified list of clients.

 

Through our Dynamic Brand Portfolio (DBP) , IBN provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets ; (3) Press Release Enhancement to ensure maximum impact; (4) full-scale distribution to a growing social media audience; (5) a full array of corporate communications solutions ; and (6) total news coverage solutions.

 

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

 

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer  

 

  Forward-Looking Statements  

 

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.

 

  Corporate Communications  

 

IBN
Austin, Texas
www.InvestorBrandNetwork.com  
512.354.7000 Office
Editor@InvestorBrandNetwork.com  

 

   

 

 

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

Keep Reading
Investing

HyProMag USA Enters Into Agreement with Global Electronics Recycler, Intelligent Lifecycle Solutions, for Feedstock Supply and Pre-Processing Site Share in South Carolina and Nevada

Investing 11 Mins Read

 CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) (‘CoTec’) and Mkango Resources Ltd. (AIM:MKA)(TSXV:MKA) (‘Mkango’) are pleased to announce a feedstock supply and pre-processing site share agreement between global electronics recycling company, Intelligent Lifecycle Solutions, LLC (‘ILS’), and HyProMag USA, LLC (‘HyProMag USA’ or the ‘Project’) (the ‘Supply Agreement’).

  • ILS will secure and store neodymium iron boron (‘NdFeB’) feedstock from hard disk drives (‘HDDs’) and other sources for HyProMag USA at the ILS pre-processing sites in Williston, South Carolina and Reno, Nevada (the ‘ILS pre-processing sites’) in advance of the commissioning of HyProMag USA’s advanced stage rare earth magnet recycling and manufacturing plant to be located in Dallas-Fort Worth, Texas (the ‘DFW Hub’)
  • ILS will utilise the INSERMA ANOIA SL (‘Inserma’) ‘3rd generation’ HDD magnet separation system at its pre-processing sites. An exclusive agreement was signed between the HyProMag Group and Inserma in September 2024[i], and the Inserma technology is being rolled out across multiple jurisdictions
  • The improved Inserma units provide fast, efficient magnet separation from HDDs for Hydrogen Processing of Magnet Scrap (‘HPMS’) processing together with clean separation of the printed circuit board for immediate resale to 3rd parties
  • HyProMag USA is, inter alia, targeting HDD recycling geared to the growth of hyperscale data centers, which is expected to accelerate significantly in coming years
  • HyProMag USA will include the ILS pre-processing sites in its detailed design and engineering. The ILS pre-processing sites will be able to source multiple feed types to provide supply feed to the Project’s magnet recycling and manufacturing hub in Dallas-Fort Worth. Other NdFeB feedstock sources being successfully processed to date by HyProMag include rotors from electric motors, wind turbine magnets, speaker assemblies and MRIs
  • The Supply Agreement is expected to be the first in several supply agreements to be entered into by HyProMag USA as the Project advances to construction and commissioning

ILS is a global electronics recycling company processing electronic waste. It is a full-service IT asset disposition, electronics recycling and scrap purchasing company and is fully compliant in ISO 14001:2015, ISO 45001:2018 and ‘Responsible Recycling R2v3 Recycler’ at its USA locations. Through ILS, HyProMag USA will provide full traceability on its products to support the ‘closed loop’ circular economy and critical mineral supply chains within the United States.

The collaboration builds on the relationship established between ILS, HyProMag Limited (‘HyProMag’) and the Magnetic Materials Group (‘MMG’) at the University of Birmingham (‘UoB’) through a number of European projects, including the 2020 Innovate UK[ii] grant funded project, ‘Rare-Earth Recycling for E-Machines’ (‘RaRE’) project with Hydrogen Processing of Magnet Scrap (‘HPMS’) in which HyProMag produced sintered NdFeB magnets from ILS feedstock, and HyProMag continues to work closely with ILS across multiple jurisdictions.

Julian Treger, CoTec CEO commented: 

‘We are very excited to partner with ILS to grow the feed supply market in the United States and this collaboration is a first step in securing reliable long-term feed supply for HyProMag USA to sustain the Project as we advance towards construction. We believe that over time we will be able to build sufficient feedstock to sustain several magnet recycling and manufacturing hubs as the Company establishes itself as a key player in the US REE magnet industry.’

‘HyProMag USA is progressing with its financing and detailed design and has the potential to supply the U.S. market with a sustainable, long term domestic supply of NdFeB permanent magnets, enabling the creation of secure, low carbon and traceable rare-earth supply chains.‘

Will Dawes, Mkango CEO commented:

‘The agreement with ILS, coupled with the Inserma and HPMS technologies, creates a highly competitive and integrated circular solution for recycling of NdFeB from HDDs, encompassing procurement of HDDs via ILS, pre-processing using Inserma technologies, magnet liberation using HPMS and short-loop magnet manufacturing to produce a high value rare earth NdFeB magnet with a very low carbon footprint. Furthermore, the agreement kick-starts operations on the ground, securing NdFeB inventory in advance of commissioning of the DFW hub, and will facilitate increased engagement in USA markets as we move towards project development.’

Graham Davy, ILS CEO, commented:

 ‘We are delighted to be formalising our longstanding partnership with HyProMag. Lifecycle Solutions will be using our infrastructure to procure nationally rare earth material from government, manufacturing, and businesses as well as other recycling sources. Our clients value HyProMag’s short-loop, low carbon solution whist retaining critical materials within the USA. Lifecycle Solutions will use its R2 accredited facilities in South Carolina, Nevada, to acquire and preprocess Rare Earth material for HyProMag USA. Magnets recovered from its subsidiary hard disk drive business will also be supplied.’

HyProMag USA Feasibility Study

The Feasibility Study includes the DFW Hub, and two pre-processing facilities located in South Carolina and Nevada respectively[iii]. In March 2025, HyProMag USA announced the expansion of the detailed engineering phase to include three HPMS vessels[iv] and that it was initiating concept studies for further expansion and complementary ‘Long Loop’ recycling[v]. The DFW Hub’s annual production is expected to be 750 metric tons per annum of recycled sintered NdFeB magnets and 807 metric tons per annum of associated NdFeB co-products (total payable capacity – 1,557 metric tons NdFeB within five years of commissioning) over a 40-year operating life. It is expected the production facility will provide significant optionality to supply the U.S. market with additional NdFeB alloy powder while assisting in revitalising the U.S. magnet sector with the creation of 90-100 skilled magnet manufacturing jobs.

In March 2025, HyProMag USA announced the results of an independent ISO-Compliant product carbon footprint study which confirmed an exceptionally low CO2 footprint of 2.35 kg CO2 eq. per kg of NdFeB cut sintered block product.[vi]

Ownership

HyProMag USA is owned 50:50 by CoTec and HyProMag Limited. HyProMag Limited is 100 per cent owned by Maginito Limited (‘Maginito’), which is owned on a 79.4/20.6 per cent basis by Mkango and CoTec.

About HyProMag

HyProMag is commercializing HPMS recycling technology in the UK, Germany and the United States. HPMS technology was developed at the Magnetic Materials Group (MMG) at University of Birmingham, underpinned by approximately US$100 million of research and development funding, and has major competitive advantages versus other rare earth magnet recycling technologies, which are largely focused on chemical processes but do not solve the challenges of liberating magnets from end-of-life scrap streams – HPMS provides this solution.

About CoTec Holdings Corp.

CoTec is a publicly traded investment issuer listed on the Toronto Venture Stock Exchange (‘TSX-V’) and the OTCQB and trades under the symbols CTH and CTHCF respectively. CoTec Holdings Corp. is a forward-thinking resource extraction company committed to revolutionizing the global metals and minerals industry through innovative, environmentally sustainable technologies and strategic asset acquisitions. With a mission to drive the sector toward a low-carbon future, CoTec employs a dual approach: investing in disruptive mineral extraction technologies that enhance efficiency and sustainability while applying these technologies to undervalued mining assets to unlock their full potential. By focusing on recycling, waste mining, and scalable solutions, the Company accelerates the production of critical minerals, shortens development timelines, and reduces environmental impact. CoTec’s strategic model delivers low capital requirements, rapid revenue generation, and high barriers to entry, positioning it as a leading mid-tier disruptor in the commodities sector.

For more information, please visit www.cotec.ca.

About Mkango Resources Ltd.

Mkango is listed on the AIM and the TSX-V. Mkango’s corporate strategy is to become a market leader in the production of recycled rare earth magnets, alloys and oxides, through its interest in Maginito, which is owned 79.4 per cent by Mkango and 20.6 per cent by CoTec, and to develop new sustainable sources of neodymium, praseodymium, dysprosium and terbium to supply accelerating demand from electric vehicles, wind turbines and other clean energy technologies.

Maginito holds a 100 per cent interest in HyProMag and a 90 per cent direct and indirect interest (assuming conversion of Maginito’s convertible loan) in HyProMag GmbH, focused on short loop rare earth magnet recycling in the UK and Germany, respectively, and a 100 per cent interest in Mkango Rare Earths UK Ltd (‘Mkango UK’), focused on long loop rare earth magnet recycling in the UK via a chemical route.

Maginito and CoTec are also rolling out HPMS recycling technology into the United States via the 50/50 owned HyProMag USA LLC joint venture company.

Mkango also owns the advanced stage Songwe Hill rare earths project in Malawi (‘Songwe’) and the Pulawy rare earths separation project in Poland (‘Pulawy’). Both the Songwe and Pulawy projects have been selected as Strategic Projects under the European Union Critical Raw Materials Act. Mkango has signed a Business Combination Agreement with Crown PropTech Acquisitions to list the Songwe Hill and Pulawy rare earths projects on NASDAQ via a SPAC Merger.

For more information, please visit www.mkango.ca

Market Abuse Regulation (MAR) Disclosure

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (‘MAR’), which has been incorporated into UK law by the European Union (Withdrawal) Act 2018. Upon the publication of this announcement via Regulatory Information Service, this inside information is now considered to be in the public domain.

Cautionary Note Regarding Forward-Looking Statements

This news release contains forward-looking statements (within the meaning of that term under applicable securities laws) with respect to Mkango and CoTec. Generally, forward looking statements can be identified by the use of words such as ‘plans’, ‘expects’ or ‘is expected to’, ‘scheduled’, ‘estimates’ ‘intends’, ‘anticipates’, ‘believes’, or variations of such words and phrases, or statements that certain actions, events or results ‘can’, ‘may’, ‘could’, ‘would’, ‘should’, ‘might’ or ‘will’, occur or be achieved, or the negative connotations thereof. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause actual performance and results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. Such factors and risks include, without limiting the foregoing, the availability of (or delays in obtaining) financing to develop Songwe Hill, the Recycling Plants being developed by Maginito in the UK, Germany and the United States (the ‘Maginito Recycling Plants’), governmental action and other market effects on global demand and pricing for the metals and associated downstream products for which Mkango is exploring, researching and developing, geological, technical and regulatory matters relating to the development of Songwe, the ability to scale the HPMS and chemical recycling technologies to commercial scale, competitors having greater financial capability and effective competing technologies in the recycling and separation business of Maginito and Mkango, availability of scrap supplies for Maginito’s recycling activities, government regulation (including the impact of environmental and other regulations) on and the economics in relation to recycling and the development of the Maginito Recycling Plants, and the Pulawy separation plant and future investments in the United States pursuant to the proposed cooperation agreement between Maginito and CoTec, the outcome and timing of the completion of the Feasibility Studies, cost overruns, complexities in building and operating the plants, and the positive results of Feasibility Studies on the various proposed aspects of Mkango’s, Maginito’s and CoTec’s activities. The forward-looking statements contained in this press release are made as of the date of this news release. Except as required by law, the Company and CoTec disclaim any intention and assume no obligation to update or revise any forward-looking statements, whether because of new information, future events or otherwise, except as required by applicable law. Additionally, the Company and CoTec undertake no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.

For further information on CoTec, please contact:
CoTec Holdings Corp.
Braam Jonker
Chief Financial Officer
braam.jonker@cotec.ca
+1 604 992-5600

For further information on Mkango, please contact:
Mkango Resources Limited
William Dawes
Chief Executive Officer
will@mkango.ca
+1 403 444 5979

Alexander Lemon
President
alex@mkango.ca

www.mkango.ca
@MkangoResources

SP Angel Corporate Finance LLP
Nominated Adviser and Joint Broker
Jeff Keating, Jen Clarke, Devik Mehta
UK: +44 20 3470 0470

Alternative Resource Capital
Joint Broker
Alex Wood, Keith Dowsing
UK: +44 20 7186 9004/5

The TSX Venture Exchange has neither approved nor disapproved the contents of this press release. Neither the 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.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any equity or other securities of the Company in the United States. The securities of the Company will not be registered under the United States Securities Act of 1933, as amended (the ‘U.S. Securities Act’) and may not be offered or sold within the United States to, or for the account or benefit of, U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act.

Source

Click here to connect with CoTec Holdings Corp. (TSXV:CTH, OTCQB:CTHCF) to receive an Investor Presentation

This post appeared first on investingnews.com

Keep Reading