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Wallbridge Mining Company Limited

– Not For Distribution in the United States –

TORONTO, Nov. 21, 2024 (GLOBE NEWSWIRE) — Wallbridge Mining Company Limited (TSX:WM, OTCQB:WLBMF) (“Wallbridge” or the “Company”) is pleased to announce that it has completed a non-brokered private placement of 22,937,500 national flow-through common shares (the “National FT Shares”) and 48,844,333 Québec flow-through common shares (the “Québec FT Shares”) for aggregate gross proceeds of $6,230,990 (the “FT Share Private Placement”). The National FT Shares were issued at a price of $0.08 and the Québec FT Shares were issued at a price of $0.09.

In addition, Agnico Eagle Mines Limited (“Agnico”) subscribed for 8,598,843 common shares for aggregate gross proceeds of $601,919 (the “AEM Private Placement”, and together with the FT Share Private Placement, the “Private Placements”). The AEM Private Placement closed concurrently with the FT Share Private Placement and was undertaken pursuant to certain participation rights set out in a pre-existing participation agreement between the Company and a predecessor of Agnico. The AEM Shares will be issued at a price of $0.07.

With the net proceeds from these Private Placements the Company expects to have an estimated year end cash balance of approximately $20 million which, based on preliminary budgeting, is sufficient to fund the 2025 exploration program on the Company’s Detour-Fenelon Gold Property (the “Detour-Fenelon Gold Trend Property”) as currently contemplated. The Company will announce details of its exploration plans once board approval has been obtained.

In connection with the FT Share Private Placement, the Company paid a cash finder’s fee other than in respect of subscriptions by president’s list investors. Topleft Securities Ltd. acted as an advisor to Wallbridge in connection with the transaction. All securities issued pursuant to the Private Placements will have a four month and one day statutory hold period.

Each National FT Share and Québec FT Share (the “FT Shares”) will qualify as a “flow-through share” within the meaning of subsection 66(15) of the Income Tax Act (Canada) and, in respect of eligible Québec resident subscribers, section 359.1 of the Taxation Act (Québec). The FT Shares will be renounced with an effective date no later than December 31, 2024, to the initial purchasers of the FT Shares in an aggregate amount not less than the gross proceeds raised.

None of the securities offered in the Private Placements have been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

The FT Share Private Placement constituted a related party transaction within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”) as certain insiders of the Company subscribed for 1,687,500 in aggregate of National FT Shares and 400,000 in aggregate of Québec FT Shares. The Company is relying on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101, as the fair market value of the participation in the FT Share Private Placement by the insiders does not exceed 25% of the market capitalization of the Company in accordance with MI 61-101. The Company did not file a material change report in respect of the related party transaction at least 21 days before the closing of the FT Share Private Placement, which the Company deems reasonable in the circumstances in order to price and close the FT Share Private Placement in an expeditious manner. A material change report has been filed under the Company’s profile at www.sedarplus.ca, which may be sent to any shareholder upon request.

Qualified Person

The Qualified Person responsible for the technical content of this news release is Francois Chabot, Eng., Technical Studies Manager for Wallbridge.

About Wallbridge Mining

Wallbridge is focused on creating value through the exploration and sustainable development of gold projects along the Detour-Fenelon Gold Trend in Québec’s Northern Abitibi region while respecting the environment and communities where it operates.

Wallbridge’s most advanced projects, Fenelon Gold (“Fenelon”) and Martiniere Gold (“Martiniere”) incorporate a combined 3.05 million ounces of indicated gold resources and 2.35 million ounces of inferred gold resources. Fenelon and Martiniere are located within an 830 square km exploration land package in the Northern Abitibi region of Quebec.

Wallbridge has reported a positive Preliminary Economic Assessment (“PEA”) at Fenelon that estimates average annual gold production of 212,000 ounces over 12 years.

For further information please visit the Company’s website at https://wallbridgemining.com/ or contact:

Wallbridge Mining Company Limited

Brian Penny, CPA, CMACEOTel: (416) 716-8346Email: bpenny@wallbridgemining.com M: +1 416 716 8346

Tania Barreto, CPIRDirector, Investor RelationsEmail: tbarreto@wallbridgemining.com M: +1 289 819 3012

Cautionary Note Regarding Forward-Looking Information

The information in this document may contain forward-looking statements or information (collectively, “FLI”) within the meaning of applicable Canadian securities legislation. FLI is based on expectations, estimates, projections, and interpretations as at the date of this document.

All statements, other than statements of historical fact, included herein are FLI that involve various risks, assumptions, estimates and uncertainties. Generally, FLI can be identified by the use of statements that include, but are not limited to, words such as “seeks”, “believes”, “anticipates”, “plans”, “continues”, “budget”, “scheduled”, “estimates”, “expects”, “forecasts”, “intends”, “projects”, “predicts”, “proposes”, "potential", “targets” and variations of such words and phrases, or by statements that certain actions, events or results “may”, “will”, “could”, “would”, “should” or “might”, “be taken”, “occur” or “be achieved.”

FLI in this document may include, but is not limited to: statements regarding the use of proceeds of the Private Placements; the Company’s exploration plans, the tax treatment of the securities issued under the FT Share Private Placement under the Income Tax Act (Canada); the timing to renounce all qualifying expenditures in favour of the subscribers (if at all); the future prospects of Wallbridge; statements regarding the results of the PEA; future drill results; the Company’s ability to convert inferred resources into measured and indicated resources; environmental matters; stakeholder engagement and relationships; parameters and methods used to estimate the MRE’s at the Fenelon and Martiniere properties (collectively the “Deposits”); the prospects, if any, of the Deposits; future drilling at the Deposits; and the significance of historic exploration activities and results.

FLI is designed to help you understand management’s current views of its near- and longer-term prospects, and it may not be appropriate for other purposes. FLI by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such FLI. Although the FLI contained in this document is based upon what management believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders and prospective purchasers of securities of the Company that actual results will be consistent with such FLI, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither the Company nor any other person assumes responsibility for the accuracy and completeness of any such FLI. Except as required by law, the Company does not undertake, and assumes no obligation, to update or revise any such FLI contained in this document to reflect new events or circumstances. Unless otherwise noted, this document has been prepared based on information available as of the date of this document. Accordingly, you should not place undue reliance on the FLI, or information contained herein.

Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in FLI.

Assumptions upon which FLI is based, without limitation, include: the results of exploration activities, the Company’s financial position and general economic conditions; the ability of exploration activities to accurately predict mineralization; the accuracy of geological modelling; the ability of the Company to complete further exploration activities; the legitimacy of title and property interests in the Deposits; the accuracy of key assumptions, parameters or methods used to estimate the MREs and in the PEA; the ability of the Company to obtain required approvals; geological, mining and exploration technical problems; and failure of equipment or processes to operate as anticipated; the evolution of the global economic climate; metal prices; foreign exchange rates; environmental expectations; community and non-governmental actions; and, the Company’s ability to secure required funding. Risks and uncertainties about Wallbridge's business are discussed in the disclosure materials filed with the securities regulatory authorities in Canada, which are available at www.sedarplus.ca.

Cautionary Notes to United States Investors

Wallbridge prepares its disclosure in accordance with NI 43-101 which differs from the requirements of the U.S. Securities and Exchange Commission (the "SEC"). Terms relating to mineral properties, mineralization and estimates of mineral reserves and mineral resources and economic studies used herein are defined in accordance with NI 43-101 under the guidelines set out in CIM Definition Standards on Mineral Resources and Mineral Reserves, adopted by the Canadian Institute of Mining, Metallurgy and Petroleum Council on May 19, 2014, as amended. NI 43-101 differs significantly from the disclosure requirements of the SEC generally applicable to US companies. As such, the information presented herein concerning mineral properties, mineralization and estimates of mineral reserves and mineral resources may not be comparable to similar information made public by U.S. companies subject to the reporting and disclosure requirements under the U.S. federal securities laws and the rules and regulations thereunder.

The single biggest threat to the U.S. military is war with China. A war that could start with Beijing blocking exports of one metal that is critical to the entire American military arsenal.

That metal is antimony (Sb), and it’s one of the top-performing commodities this year.

Which makes antimony miners in any Western-friendly country some of the hottest runners in the markets right now. And one company in particular has positioned itself to take advantage of supply shortages with a number of strategic acquisitions that could help reduce Noth America’s reliance on China and other non-friendly suppliers.

Antimony has already seen a 200% price increase this year, with publicly listed companies in the space seeing increases of more than 800%. And as more analysts wake up to the opportunity, there could be even larger gains in the near future.

China which currently controls nearly half of the total global output of this metal, and the lion’s share of its refined end-product has recently upset Washington by restricting antimony exports to the United States.

But one little-known miner could be set to tip the tides back in the West's favor.

Military Metals Corp. (CSE:MILI; OTCQB:MILIF) is a breakout player in the antimony space, that has a plan to bring new supply onstream with a string of antimony assets from central Europe all the way to North America. The company has been on a major acquisition binge, scooping up past-producing mines, initial discoveries and future opportunities from North America to Europe.

MILI's recent acquisitions are exactly what's needed to help keep Western defenses locked and loaded as Putin's nuclear saber rattling intensifies.

In Slovakia, Military Metals boasts two antimony projects, including one historically producing mine and one brownfield project with a large historical resource. In Canada, they are sitting on a historical antimony/gold play that serviced the needs of the Allies in WWI, the West Gore past-producing antimony project in Nova Scotia.

The Right Place at the Right Time

One of the companies that has already seen a large move is Perpetua Resources, who is finalizing a $1.86-billion government loan to develop their strategic resource including participation from the U.S. Department of Defense.

Perpetua is valued at around $700 million, with 90,000 tons of antimony.

By comparison, Military Metals recently announced that it has purchased one of Europe’s largest antimony deposits in Slovakia. The Slovakian Trojarovadeposit has 60,998 tons of antimony in a Historical Resource and is currently valued at $23 million, creating the opportunity for a potential run.

MMC

Source: Military Metals Corp.

"This definitive agreement strategically positions Military Metals as a leading explorer and developer of antimony," said CEO Scott Eldridge. "The Trojarova and Tienesgrund projects offer significant potential for rapid advancement, particularly given Slovakia's strong mining infrastructure and history. We see this as a perfect alignment with the European Union's Critical Raw Materials Act, opening the door to potential EU funding sources as we advance these projects toward production."

MMC

Figure 1 Military Metals Corp. (CSE:MILI; OTC:MILIF):

The above resource table shows the cut-off grade, tonnage, average grade and contained antimony in tonnes, with in situ value derived by multiplying the antimony tonnage (60,998) by the spot price ($38,700), for a in situ value of over ~$2 billion. The company’s next plan is to make Military Metals Historical Resource 43-101 compliant to westernized Standards. The table demonstrates this is a primary antimony project with a gold by-product, whereas most antimony production globally is a by-product of some gold mines.

But the acquisition spree has not stopped there …

On October 24, 2024, Military Metals (CSE:MILI; OTCQB:MILIF) signed a binding letter of intent to acquire further claims surrounding its West Gore Antimony Project in Nova Scotia. This was a strategic consolidation move. This past-producing brownfield project has historical drilling results showing over seven meters of 10.6 gpt gold and 3.4% antimony, with investors likely eyeing the fact that this was historically Canada’s biggest producing antimony mine at one time.

MMC

The move to consolidate territory surrounding West Gore—one of the biggest heroes of WWI—is a strategic move that could tie the junior mining company directly to North American defense at a time when prices are skyrocketing.

This is Commodity Warfare, and Antimony is the Latest Ammunition

In July 2023, China targeted rare earth metals Germanium and Gallium–both of which are used in semiconductors–restricting exports to the U.S. On December 1, 2023, China tightened graphite export controls, causing exports to plunge this year.

Now, it is targeting antimony, which is used in semiconductors, batteries, paints, flame-retardant materials, solar, and as an alloy to improve the strength of other metals. For the military, most urgently, it is used for everything for armor-piercing bullets and night vision goggles laser sighting, explosive formulations, nuclear weapons production, infrared sensors to military-grade electronics and a whole laundry list of other military needs.

What Beijing is now taking advantage of is the fact that it controls 48% of the antimony raw material and about 65% of the refining and processing. Yet, the United States gets over 60% of its antimony from China. On a technical level, the U.S. could refine its own antimony, but it does not have any mines, so it still relies on the supply of third-party raw material.

Even before China implemented antimony restrictions, supply-side troubles were brewing, making Beijing’s decision two-pronged: (1) a shot at the U.S. military-industrial complex; and (2) a failsafe to ensure domestic supply. Russia has also seen disruption to its antimony exports due to Western sanctions, which is a significant disruption when considering the country accounts for 24% of global supply (as of 2023).

“Given we are still at record prices, it’s likely that prices will go even higher with this announcement,” Exiger quoted Chetan Soni, an analyst at London-based consultancy CRU, as saying last month.

The U.S. military is vulnerable on the critical metals battlefield, and the company is hoping to fill some antimony gaps.

Military Metals (CSE:MILI; OTCQB:MILIF), is rushing the antimony playing field, moving at breakneck speed to acquire critical assets at the same time China is tightening the reins on the rarest components of its national defense machine.

In late September, European Defense Commissioner Andrius Kubilius called for a mandatory stockpiling of ammunition and other supplies in preparation for a Russian attack within a few years. That means Europe is much more likely to get its hands on antimony from China or elsewhere, particularly due to the new Chinese restrictions.

This confluence of events and Military Metals strategically timed acquisitions could turn Slovakia into a significant hub for European arms development and national defense, and Washington will likely be eyeing the company’s movements both across the Atlantic and closer to home in Nova Scotia, Canada.

Other companies to keep an eye on:

United States Steel (NYSE: X)

United States Steel is an integrated steel producer with major operations in the United States and Central Europe. As a major supplier of steel to various industries, including the automotive, appliance, construction, and energy sectors, U.S. Steel plays a vital role in supporting the overall health of the U.S. economy. A strong domestic steel industry is essential for maintaining a robust manufacturing base, which in turn contributes to national security by ensuring the ability to produce critical equipment and infrastructure in times of need.

U.S. Steel's production capacity and its focus on research and development are crucial for meeting the evolving demands of the defense industry. The company's ability to produce advanced high-strength steels and other specialized steel products is essential for the construction of modern military vehicles, ships, and infrastructure. By providing these critical materials, U.S. Steel contributes to the technological advancement and readiness of the U.S. military.

Moreover, U.S. Steel's commitment to investing in its workforce and communities is important for maintaining a skilled labor pool and supporting the domestic manufacturing base. By providing good-paying jobs and contributing to the economic well-being of communities, U.S. Steel helps to ensure the long-term viability of the U.S. steel industry and its ability to support national security needs.

SQM (NYSE: SQM)

SQM is a Chilean chemical company and one of the world's largest producers of lithium, a critical component in batteries used in electric vehicles, consumer electronics, and increasingly, military applications. From powering advanced communication systems to enabling the operation of unmanned vehicles and drones, lithium-ion batteries are essential to modern military operations. SQM's production capacity and access to vast lithium reserves in the Atacama Desert make it a strategically important player in the global lithium supply chain.

Securing a reliable and stable supply of lithium is crucial for countries like the United States that are heavily reliant on advanced technology for their defense capabilities. By sourcing lithium from SQM, nations can reduce their dependence on potentially unstable or adversarial nations for this critical material. This reduces supply chain vulnerabilities and ensures that defense industries have the necessary resources to produce the equipment and weapons systems required for national security.

Furthermore, SQM's commitment to sustainable lithium extraction practices aligns with the growing emphasis on responsible sourcing of critical minerals. As nations strive to reduce their environmental impact and promote ethical supply chains, SQM's efforts to minimize its footprint in the Atacama Desert become increasingly important. This ensures that the production of lithium for defense applications is conducted in a manner that is both environmentally responsible and socially conscious.

Vale S.A. (NYSE: VALE)

Vale S.A. is a Brazilian multinational corporation and one of the world's largest producers of iron ore and nickel. Iron ore is a key ingredient in steelmaking, while nickel is a crucial component in stainless steel and various alloys used in aerospace, defense, and other high-performance applications. Vale operates globally, with significant mining and production facilities in Brazil, Canada, and other countries.

This company is important because they are a major player in the global mining and metals industry, providing essential raw materials for various sectors, including the defense industry. Vale's production of iron ore and nickel contributes to the global supply of these critical minerals, which are essential for the manufacturing of military equipment, infrastructure, and advanced technologies.

Vale's commitment to sustainable mining practices and social responsibility is also noteworthy. The company has implemented various initiatives to reduce its environmental impact, promote biodiversity, and support local communities. This commitment is crucial for ensuring the responsible sourcing of critical minerals and minimizing the environmental footprint of mining operations, which is particularly important for national security and the long-term sustainability of the defense industrial base.

Piedmont Lithium (NASDAQ: PLL)

Piedmont Lithium is a development-stage company focused on establishing a fully integrated lithium hydroxide business in the United States. Their core operation centers around the Carolina Tin-Spodumene Belt in North Carolina, a region with a history of lithium production. Piedmont aims to be a key supplier of lithium hydroxide, a crucial component in electric vehicle batteries and energy storage systems, to the burgeoning U.S. market.

This company matters because they are addressing a critical need for domestically sourced lithium. The U.S. currently relies heavily on imports for its lithium supply, creating potential vulnerabilities in the supply chain. Piedmont's operations contribute to a more secure and resilient domestic supply of this essential mineral, which is vital for the production of advanced batteries used in defense applications such as electric vehicles, drones, and communication systems.

Furthermore, Piedmont Lithium's commitment to responsible mining and environmental sustainability aligns with the growing emphasis on ethical sourcing of critical minerals. By adhering to high environmental standards and engaging with local communities, Piedmont contributes to a more sustainable and socially responsible domestic lithium supply chain, which is crucial for ensuring that the production of lithium for defense applications is conducted in an ethical and environmentally conscious manner.

Leidos (NYSE: LDOS)

Leidos is a significant player in the national security arena, providing innovative solutions to the Department of Defense and intelligence agencies. The company's work in areas such as artificial intelligence, machine learning, and big data analytics is helping to transform the way these agencies operate and make critical decisions.

Leidos is also a leader in the civil market, providing a wide range of services to government agencies and commercial customers. The company's expertise in areas such as transportation, energy, and healthcare is helping to improve the lives of people around the world.

Leidos is a company with a strong commitment to its employees and the communities in which it operates. The company is also focused on sustainability and environmental stewardship. Leidos is a responsible corporate citizen and a valuable partner to its customers.

Kratos Defense & Security Solutions (NASDAQ: KTOS)

Kratos is a relatively small company compared to some of the other defense giants on this list. However, the company has a strong focus on innovation and is developing cutting-edge technologies that are disrupting the defense industry. Kratos is also committed to providing affordable solutions to its customers, which is a key differentiator in the market.

Kratos operates in a highly competitive market. The company faces competition from larger, more established defense contractors. Kratos must continue to innovate and develop new technologies to maintain its competitive edge.

Despite these challenges, Kratos is well-positioned for future growth. The company's focus on innovation, affordability, and customer service makes it a valuable partner to the U.S. government and its allies.

Uranium Energy Corp (NYSE American: UEC)

Uranium Energy Corp is a U.S.-based uranium mining and exploration company with a focus on in-situ recovery (ISR) mining projects in Texas, Wyoming, and New Mexico. ISR mining is a less invasive and more environmentally friendly method of uranium extraction compared to traditional open-pit mining. Uranium Energy Corp has a portfolio of permitted and development-stage ISR projects, positioning them to be a significant contributor to the U.S. uranium supply.

This company is important because they are contributing to the revitalization of the U.S. uranium mining industry. After a period of decline, the U.S. is increasingly recognizing the importance of securing a domestic supply of uranium for both energy security and national security purposes. Uranium Energy Corp's ISR projects offer a more sustainable and environmentally responsible approach to uranium mining, which is crucial for ensuring the long-term viability of the industry and minimizing the environmental impact of uranium production.

Furthermore, Uranium Energy Corp's focus on U.S. uranium production helps to reduce dependence on foreign sources of this strategically important material. This is crucial for national security, as it ensures that the U.S. has access to a reliable supply of uranium for its nuclear power plants and its nuclear deterrent, without being subject to the geopolitical dynamics or potential disruptions associated with relying on foreign suppliers.

Compass Minerals International (NYSE: CMP)

Compass Minerals International based in Overland Park, Kansas, is a leading provider of essential minerals, including salt, sulfate of potash, magnesium chloride, and even sustainable lithium. The company's diversified product mix serves a wide range of markets, including agriculture, consumer deicing, water conditioning, and various industrial applications.

Beyond its current offerings, Compass Minerals is investing in new technologies and methods to enhance the efficiency and environmental sustainability of its operations. The company's focus on innovation is particularly evident in its approach to lithium extraction, where it aims to capitalize on the growing demand in the electric vehicle market. This strategic direction not only diversifies their portfolio but also positions Compass Minerals as a key player in the transition to a more sustainable global economy.

Freeport-McMoRan Inc. (NYSE: FCX)

Freeport-McMoRan Inc. based in Phoenix, Arizona, is one of the world's leading mining companies, with significant reserves of copper, gold, and molybdenum. The company's sizeable asset base includes the Grasberg minerals district in Indonesia, one of the world's largest copper and gold deposits, and significant mining operations in the Americas. With copper being a critical material in renewable energy and electric vehicle technologies, Freeport-McMoRan stands to benefit from the global push towards greener economies.

Freeport-McMoRan is also actively involved in community engagement and environmental stewardship. The company has implemented various initiatives aimed at reducing its environmental footprint and promoting sustainable mining practices. These efforts include water management, biodiversity conservation, and emission reduction strategies. By focusing on responsible mining, Freeport-McMoRan is not only ensuring compliance with environmental standards but is also contributing to the broader goal of sustainable development in the regions it operates.

FMC Corporation (NYSE: FMC)

FMC Corporation based in Philadelphia, Pennsylvania, is a global agricultural sciences company that delivers innovative technology to growers around the world. While not a mining company in the traditional sense, FMC has a significant stake in lithium, a critical component in rechargeable batteries and other high-tech applications.

FMC's commitment to innovation and sustainability is noteworthy, and the company's agricultural products contribute to increased crop yield and quality, making it a significant player in addressing global food security issues. In recent years, FMC has benefited from robust demand for its crop protection products, driven by higher commodity prices and strong agricultural market fundamentals.

By. Michael Kern

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We recently compiled a list of the 8 Best Fertilizer Stocks To Buy Now. In this article, we are going to take a look at where Sociedad Química y Minera de Chile S.A. (NYSE:SQM) stands against the other fertilizer stocks.

An Overview of the Fertilizer Industry

The fertilizer industry is a crucial sector in agriculture that focuses on the production and distribution of substances that enhance plant growth. By supplying necessary nutrients, fertilizers help improve crop yields and quality, which are essential for feeding the growing global population.

The industry has evolved significantly over time, with modern practices relying heavily on chemically manufactured fertilizers to support large-scale farming and meet the global demand for food. According to Mordor Intelligence, the global fertilizer market is estimated to have reached a value of $381.7 billion in 2024. Looking forward, the market is expected to grow at a compound annual growth rate (CAGR) of 5.99% during 2024-2030 to reach $541.2 billion by the end of the forecast period.

There is a strong sense of optimism within the industry. The Fertilizer Institute’s 2023 Industry Trends Survey highlighted a positive outlook within the fertilizer sector, with many respondents expressing confidence in future growth. About 40% of those surveyed believe that market conditions have improved over the past five years, despite challenges like the COVID-19 pandemic and supply chain disruptions. Companies attribute their resilience to strategic practices such as precommitment purchases and careful planning. Nearly 80% of participants are optimistic about their businesses being equally or more profitable in the next five years.

The fertilizer industry is currently experiencing several key trends that are shaping its future. Advances in technology are transforming how fertilizers are produced and applied. Innovations such as precision agriculture, which uses data analytics and sensors, help farmers optimize fertilizer usage based on specific soil conditions and crop needs.

Additionally, there is a growing demand for fertilizers that offer more nutrients while reducing their environmental impact. The emphasis on maximizing the efficiency of fertilizer application to promote sustainable farming practices is increasing, which is driving the development of new and innovative solutions.

On August 13, CNBC reported that Windfall Bio, a California-based startup, is addressing methane emissions using "mems," or methane-eating microbes. These microbes naturally consume methane and convert it into fertilizer. This innovative approach helps reduce harmful methane from sources like agriculture, landfills, and oil production. Farmers can use the fertilizer produced, while companies generating waste methane can sell it back to Windfall, creating a new revenue stream.

These trends indicate a dynamic shift in the fertilizer industry, balancing the need for increased food production with environmental sustainability and innovation.

Methodology

To compile our list of the 8 best fertilizer stocks to buy now, we used the Finviz and Yahoo stock screeners to find the largest fertilizer companies. We also reviewed our own rankings and consulted various online resources to compile a list of the best fertilizer stocks.

We carefully verified our list to remove any companies that can not be classified as fertilizer stocks. From an initial pool of over 15 fertilizer stocks, we focused on the stocks that analysts believe possess the greatest potential for growth. Finally, we ranked the 8 best fertilizer stocks to buy now based on their average price target upside potential according to analysts, as of November 18, 2024.

At Insider Monkey we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).

A laboratory technician pouring a specialty blend of industrial chemicals into a beaker.

Sociedad Química y Minera de Chile S.A. (NYSE:SQM)

Average Upside Potential According to Analysts: 34.23%

Sociedad Química y Minera de Chile S.A. (NYSE:SQM) is a Chilean company that offers a variety of products for different industries, including agriculture, health, nutrition, and renewable energy. The company is well-known for its fertilizers, particularly potassium nitrate and sodium nitrate, which are essential for enhancing crop yields. Sociedad Química y Minera de Chile S.A. (NYSE:SQM) also produces lithium and iodine.

In the first half of 2024, SQM reported revenues of $2.37 billion, a decrease from $4.31 billion in the same quarter last year. Despite this drop, the company experienced strong sales growth in its lithium, iodine, and fertilizer segments, with fertilizer demand increasing by over 20% compared to last year.

Although Sociedad Química y Minera de Chile S.A.’s (NYSE:SQM) performance in its recent quarter was less than ideal, it has demonstrated resilience with a compound annual growth rate of 10% in revenue over the past decade.

Sociedad Química y Minera de Chile S.A. (NYSE:SQM) is one of the best fertilizer stocks to buy now. Analysts are optimistic about SQM’s future. The 12-month median price target for the stock set by analysts indicates a potential upside of 34% from the current stock price.

With ongoing demand for both lithium and fertilizers expected to rise, Sociedad Química y Minera de Chile S.A. (NYSE:SQM) presents a compelling investment opportunity.

Overall SQM ranks 2nd on our list of the best fertilizer stocks to buy. While we acknowledge the potential of SQM as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than SQM but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

Disclosure: None. This article is originally published at Insider Monkey.

SANTIAGO CHILE, Chile (AP) — SANTIAGO CHILE, Chile (AP) — Sociedad Quimica y Minera de Chile SA (SQM) on Wednesday reported third-quarter earnings of $131.4 million.

On a per-share basis, the Santiago Chile, Chile-based company said it had net income of 46 cents.

The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 64 cents per share.

The chemicals company posted revenue of $1.08 billion in the period, also missing Street forecasts. Three analysts surveyed by Zacks expected $1.09 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SQM at https://www.zacks.com/ap/SQM

Highlights

SQM reported total revenues for the nine months ended September 30, 2024 of US$3,455.0 million compared to total revenues of US$6,155.9 million for the same period last year.

Net loss(1),(2) for the nine months ended September 30, 2024 of (US$524.5) million or (US$1.84) per share, compared to net income(2) of US$1,809.5 million or US$6.33 per share for the same period last year.

Solid sales volumes in lithium, iodine, and fertilizer businesses.

SPN and Potassium businesses posted healthy growth showing market recovery.

Slight increase in iodine prices, due to strong market demand and limited supply.

First lithium sales from the SQM International lithium division.

SQM will hold a conference call to discuss these results on Wednesday, November 20, 2024 at 10:00am ET (12:00pm Chile time).

Participant Dial-In (Toll Free): 1-844-282-4852

Participant International Dial-In: 1-412-317-5626

Webcast: https://event.choruscall.com/mediaframe/webcast.html?webcastid=xdNdTppQ

SANTIAGO, Chile, Nov. 20, 2024 /PRNewswire/ — Sociedad Química y Minera de Chile S.A. (SQM) (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A) reported today net loss([1]),(2) for the nine months ended September 30, 2024, of (US$524.5) million or (US$1.84) per share, compared to US$1,809.5 million or US$6.33 per share reported for the same period last year.

(PRNewsfoto/Sociedad Quimica y Minera de Chile, S.A. (SQM))

Gross profit(3) reached US$1,033.3 million (29.9% of revenues) for the nine months ended September 30, 2024, lower than US$2,674.3 million (43.4% of revenues) recorded for the nine months ended September 30, 2023. Revenues totaled US$3,455.0 million for the nine months ended September 30, 2024, representing a decrease of 43.9% compared to US$6,155.9 million reported for the nine months ended September 30, 2023.

The Company also announced net income for the third quarter of 2024 of US$131.4 million or US$0.46 per share, a decrease of 72.6% compared to US$479.4 million or US$1.68 per share for the third quarter of 2023. Gross profit for the third quarter of 2024 reached US$280.8 million, 62.7% lower than the US$753.6 million reported for the third quarter of 2023. Revenues totaled US$1,076.9 million for the third quarter of 2024, a decrease of 41.5% compared to US$1,840.3 million for the third quarter of 2023.

SQM's Chief Executive Officer, Ricardo Ramos, stated, "We are publishing our third quarter 2024 financial results with positive volume growth in almost all of our business lines compared to last year. Fertilizer markets have shown solid market dynamics with a market size recovery. Our Specialty Plant Nutrition volumes grew more than 20% year-on-year while our revenues in this business line increased close to 12%."

He continued, "Iodine demand continued to be strong, leading to an increase in our sales volumes and revenues compared to last year. Prices continued to move up slightly quarter over quarter since the beginning of this year and we have used part of our inventories to answer market needs."

Mr. Ramos further stated, "In lithium, we reported sales volumes of more than 51 thousand metric tons of lithium products, an 18% growth year-on-year, demonstrating strong demand in the market. As anticipated, prices during the third quarter continued their downward trend, with average realized prices 24% lower than the second quarter this year. Although demand continues to grow at a strong pace, mainly driven by strong EV sales growth in China, we continue to see the prices pressured by an oversupply that persists despite the curtailment announcement we have seen over the past few weeks."

Mr. Ramos closed by saying, "Our more than 30-year track record in the lithium market has proved that we have a long-term view in this business. Despite current market prices, we strongly believe in the lithium market and its fundamentals which are highly related to the clean energy transition. SQM is in a strong competitive position and well prepared to continue developing our projects in Chile and abroad to harvest the benefits of this transition."

About SQM

SQM is a global company that is listed on the New York Stock Exchange and the Santiago Stock Exchange (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A). SQM develops and produces diverse products for several industries essential for human progress, such as health, nutrition, renewable energy and technology through innovation and technological development. We aim to maintain our leading world position in the lithium, potassium nitrate, iodine and thermo-solar salts markets.

For further information, contact:

Gerardo Illanes / gerardo.illanes@sqm.comIsabel Bendeck / isabel.bendeck@sqm.com

For media inquiries, contact:

Maria Ignacia Lopez / ignacia.lopez@sqm.com Pablo Pisani / pablo.pisani@sqm.com

Cautionary Note Regarding Forward-Looking Statements

This news release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: "anticipate," "plan," "believe," "estimate," "expect," "strategy," "should," "will" and similar references to future periods. Examples of forward-looking statements include, among others, statements we make concerning the completion and implementation of the proposed partnership with Codelco, the development of Salar Futuro Project, Company's capital expenditures, financing sources, Sustainable Development Plan, business and demand outlook, future economic performance, anticipated sales volumes and sales prices, profitability, revenues, expenses, or other financial items, anticipated cost synergies and product or service line growth.

Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are estimates that reflect the best judgment of SQM management based on currently available information. Because forward-looking statements relate to the future, they involve a number of risks, uncertainties and other factors that are outside of our control and could cause actual results to differ materially from those stated in such statements, including our ability to successfully implement the Sustainable Development Plan. Therefore, you should not rely on any of these forward-looking statements. Readers are referred to the documents filed by SQM with the United States Securities and Exchange Commission, including the most recent annual report on Form 20-F, which identifies other important risk factors that could cause actual results to differ from those contained in the forward-looking statements. All forward-looking statements are based on information available to SQM on the date hereof and SQM assumes no obligation to update such statements, whether as a result of new information, future developments or otherwise, except as required by law.

1 Includes the net effect of accounting adjustments for the payments of the specific tax on mining activities for the exploitation of lithium for the nine months ended September 30, 2024, in a total amount of US$1.303,3 million. For more detail, please refer to Note (1) to this Earnings release.

Cision

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SOURCE Sociedad Quimica y Minera de Chile, S.A. (SQM)

We recently compiled a list of the 8 Best Fertilizer Stocks To Buy Now. In this article, we are going to take a look at where FMC Corporation (NYSE:FMC) stands against the other fertilizer stocks.

An Overview of the Fertilizer Industry

These trends indicate a dynamic shift in the fertilizer industry, balancing the need for increased food production with environmental sustainability and innovation.

Methodology

A laboratory technician carefully mixing chemicals in a laboratory.

FMC Corporation (NYSE:FMC)

Average Upside Potential According to Analysts: 26.74%

FMC Corporation (NYSE:FMC) is a prominent American agricultural sciences company that specializes in producing a variety of products, including herbicides, insecticides, and fungicides. The company also has a strong biological portfolio featuring biopesticides, biostimulants, biofertilizers, and pheromones.

The company is committed to innovation and has introduced several new products to the fertilizer and agriculture market. For instance, the Accudo biostimulant was first registered in South Korea as a bio-fertilizer for fruits and vegetables, improving root development and providing anti-fungal benefits. Another notable product is the Furagro Legend biofertilizer, which contains organic potash and is designed to enhance gene activation and expression and overall crop quality.

In the third quarter of 2024, FMC Corporation (NYSE:FMC) reported revenues of $1.07 billion, a 9% increase from Q3 2023. The company turned around from a net loss of $4 million in Q3 2023 to a net income of $66 million in the third quarter of 2024. This growth was driven by higher sales and cost reductions from restructuring efforts. New products like the fluindapyr-based fungicide also contributed significantly to this positive performance.

Analysts also have a positive outlook on FMC. The 12-month median price target set by analysts indicates a potential increase of 26% from the stock’s current price.

With strong revenue growth and effective cost management strategies, FMC Corporation (NYSE:FMC) presents an attractive investment opportunity.

Overall FMC ranks 4th on our list of the best fertilizer stocks to buy. While we acknowledge the potential of FMC as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than FMC but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

Disclosure: None. This article is originally published at Insider Monkey.

Toronto, Ontario–(Newsfile Corp. – November 19, 2024) – Honey Badger Silver (TSXV: TUF) (OTCQB: HBEIF) will be participating in Deutsche Goldmesse Fall 2024, which will take place on November 21st and 22nd at The Westin Grand Frankfurt.

Members of the Honey Badger Silver management will be taking meetings throughout the day, and also present to an audience of European investors.

An online registration form is available, and Investors can register to attend at: Investor Registration | Deutsche Goldmesse Fall 2024

Kai Hoffmann, Managing Director of Soar Financial Partners, remarks, “Following two virtual, and six in-person events, Deutsche Goldmesse has established itself as Germany's premier investment conference in the resource space. Being from Germany myself and working solely in the junior mining space for the last 15 years, I understand what German and European investors are looking for. This is why I have focused on bringing together a selective group of impressive and diverse companies, keynote speakers, influencers, HNW investors, asset & fund managers, media partners and more. I am excited to offer this boutique event once again, exclusive to the junior mining sector.”

The Deutsche Goldmesse website is updated regularly with attending companies, keynote speakers, schedule, and other important details: www.deutschegoldmesse.com.

About Honey Badger Silver

Honey Badger Silver offers a unique investment opportunity by offering direct exposure to high-quality silver mineral assets. Focused on aggregating silver resources in established mining jurisdictions, Honey Badger Silver is positioning itself to benefit from the coming bull market in silver. We are strategically poised for growth and appreciation.

About Deutsche Goldmesse

Deutsche Goldmesse is Germany’s premier mining investment conference, based in Frankfurt- one of Europe’s most important financial capitals. The exclusive two-day event brings together leading minds in the industry to foster new business opportunities and facilitate valuable relationships. Each edition will showcase up to 35 mining companies across various commodities and stages alongside internationally renowned keynote speakers, media personalities, and other influential figures in the industry.

Hosted by Soar Financial Partners, Deutsche Goldmesse provides a unique platform where company management can connect with a vast network of European institutional and HNW investors, retail investors, analysts, influencers, newsletter writers, media, and other local partners.

For further information:Honey Badger SilverSonyaInvestor Relations647-498-8244spekar@honeybadgersilver.com https://honeybadgersilver.com

The Canadian market remained flat over the last week but has shown a robust 21% increase over the past year, with earnings expected to grow by 16% annually. Investing in penny stocks—often associated with smaller or newer companies—can still offer intriguing growth opportunities, especially when these stocks are backed by strong financial health. Let’s take a closer look at several penny stocks that combine balance sheet strength with long-term potential, making them noteworthy options for investors seeking promising prospects.

Top 10 Penny Stocks In Canada

Name	Share Price	Market Cap	Financial Health Rating
Alvopetro Energy (TSXV:ALV)	CA$4.74	CA$173.17M	★★★★★★
Amerigo Resources (TSX:ARG)	CA$1.71	CA$275.23M	★★★★★☆
Pulse Seismic (TSX:PSD)	CA$2.30	CA$117.56M	★★★★★★
Findev (TSXV:FDI)	CA$0.42	CA$12.03M	★★★★★☆
Mandalay Resources (TSX:MND)	CA$3.39	CA$311.07M	★★★★★★
PetroTal (TSX:TAL)	CA$0.64	CA$584.03M	★★★★★★
Winshear Gold (TSXV:WINS)	CA$0.18	CA$5.66M	★★★★★★
Foraco International (TSX:FAR)	CA$2.17	CA$214.74M	★★★★★☆
East West Petroleum (TSXV:EW)	CA$0.04	CA$3.62M	★★★★★★
NamSys (TSXV:CTZ)	CA$1.07	CA$28.74M	★★★★★★

Click here to see the full list of 964 stocks from our TSX Penny Stocks screener.

Let’s dive into some prime choices out of the screener.

Avino Silver & Gold Mines

Simply Wall St Financial Health Rating: ★★★★★★

Overview: Avino Silver & Gold Mines Ltd. focuses on the acquisition, exploration, and development of mineral properties in Canada, with a market cap of CA$204.54 million.

Operations: Avino Silver & Gold Mines Ltd. has not reported any specific revenue segments.

Market Cap: CA$204.54M

Avino Silver & Gold Mines Ltd., with a market cap of CA$204.54 million, has demonstrated strong financial health, as its operating cash flow significantly covers its debt, and it maintains more cash than total debt. The company reported substantial earnings growth of 180.1% over the past year, outpacing the industry average. Recent results show improved profitability with net income rising to US$1.17 million for Q3 2024 from a loss in the previous year, alongside increased production metrics in copper and silver output. However, shareholder dilution occurred recently with an increase in shares outstanding by 7.7%.

TSX:ASM Debt to Equity History and Analysis as at Nov 2024Dundee

Simply Wall St Financial Health Rating: ★★★★☆☆

Overview: Dundee Corporation is a publicly owned investment manager with a market cap of CA$157.33 million.

Operations: The company has not reported any revenue segments.

Market Cap: CA$157.33M

Dundee Corporation, with a market cap of CA$157.33 million, has shown significant financial improvement. It recently became profitable, reporting net income of CA$7.25 million for Q3 2024 compared to a loss last year. Despite limited revenue (CA$1.72 million for the quarter), its return on equity is high at 22.2%, and it maintains more cash than total debt, indicating strong balance sheet management. The company completed preferred stock buybacks, reflecting strategic capital management without shareholder dilution over the past year. However, negative operating cash flow suggests challenges in covering debt through operations alone remain.

TSX:DC.A Financial Position Analysis as at Nov 2024Forsys Metals

Simply Wall St Financial Health Rating: ★★★★☆☆

Overview: Forsys Metals Corp., with a market cap of CA$133.87 million, is involved in the acquisition, exploration, and development of mineral properties in Africa through its subsidiaries.

Operations: Forsys Metals Corp. currently does not report any revenue segments.

Market Cap: CA$133.87M

Forsys Metals Corp., with a market cap of CA$133.87 million, remains pre-revenue and unprofitable, with no significant revenue streams reported. The company has managed to reduce its net loss in recent quarters, reporting a net loss of CA$0.51 million for Q3 2024 compared to CA$2.76 million the previous year. Despite having no long-term liabilities and being debt-free, Forsys faces financial challenges with less than one year of cash runway based on current free cash flow trends. Recent insider selling over the past three months may indicate potential concerns among stakeholders regarding future prospects.

TSX:FSY Debt to Equity History and Analysis as at Nov 2024Seize The Opportunity

Embark on your investment journey to our 964 TSX Penny Stocks selection here.
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Discover a world of investment opportunities with Simply Wall St’s free app and access unparalleled stock analysis across all markets.

Ready To Venture Into Other Investment Styles?

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include TSX:ASM TSX:DC.A and TSX:FSY.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

Brisbane, Queensland, Australia–(Newsfile Corp. – November 19, 2024) – Graphene Manufacturing Group Ltd. (TSXV: GMG) (OTCQX: GMGMF) ("GMG" or the "Company") is pleased to provide a business update on the commercialisation progress of THERMAL-XR® Powered by GMG Graphene.

SINGAPORE GREEN BUILDING COUNCIL PRODUCT APPROVALThe Singapore Green Building Council has approved THERMAL-XR to be certified as a Singapore Green Building Product (SGBP) under the category of Mechanical – ACMV – Coil Coating. It is the first thermal air conditioning coating to be approved as a SGBP – please see the attached link: https://web.sgbc.online/public/product/certificate/5/46/495/8867/2978.

The SGBP Certification Scheme is one of the key standards and benchmarks for green building products in the building and construction industry. Products and materials certified as a SGBP are highly recognised under the Green Mark Certification Scheme, Singapore's national green building rating tool administered by the Building and Construction Authority (BCA), which allows certified products to accrue points that count towards a project's Green Mark rating. The more highly rated a product is under the SGBP Certification Scheme (i.e., the more ticks it has achieved), the more points are awarded towards the Green Mark rating.

The SGBP Certification Scheme is also widely accepted by regional green building rating tools for its coverage of products' sustainability performance. Examples include GreenRE, a rating tool set up by the Real Estate & Housing Developments' Association (REHDA) of Malaysia, and LOTUS, Vietnam Green Building Council's rating tool. The SGBP Certification Scheme complies with many of the requirements in ISO 14024 Environmental labels and declarations – Type I environmental labelling.

Figure 1

To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/230564_97152fedf493f854_001full.jpg

The benefits of SGBP Certification include:

FOR PRODUCT SUPPLIERS:
- Analysis of your product's sustainability performance by experts and certification by a credible source
- Opportunity and insight into how to further develop your products to be more sustainable
- Greater awareness of your product for use in our current and future buildings
FOR DESIGNERS/ SPECIFIERS:
- An overview of products that are certified sustainable
- An understanding of how a product stacks up against others in terms of their sustainability performance
- Easier decision-making when choosing more sustainable products
FOR BUILDERS/ OWNERS:
- An overview of products that are certified sustainable
- Data around the environmental properties of the products you use
- A unique selling point for your building projects
FOR TENANTS/ OCCUPANTS:
- An understanding of how sustainable the spaces you live and work in are
- Health benefits of living/working in a greener building

Once a product is certified, SGBC will issue the product a certificate. Only certified products will be listed on the SGBP Certification Directory, which is maintained on the Singapore Green Building Council's website. This Interactive Directory is actively used by building industry professionals such as consultants, contractors, building developers and owners. Stakeholders can demand that products/ materials used for a building are SGBP certified. Certified products can gain credits under various green building rating tools.

USA EPA PRE-MANUFACTURE NOTICE SUBMISSION MADE

GMG and Nu Calgon have submitted a Pre-Manufacture Notice ("PMN") in conjunction with its USA Environmental Protection Agency's ("EPA") application to import and sell THERMAL-XR® in the USA. The PMN application is expected to be approved in less than 12 months. The PMN application covers the use of the coating in various application methods in various industrial applications.

GMG's Managing Director and CEO, Craig Nicol, commented: "The SGBP Certification is highly welcomed and comes after many years of working with our coating and carrying out many demonstration projects in Singapore with our distribution and coating partners. We also welcome the progress on the EPA submission with our Nu Calgon distribution partner."

GMG's Chairman and Director, Jack Perkowski, commented: "THERMAL-XR® being recognised as a Singapore Green Building Product is a very good sign of all the hard work GMG has done there over the years. The USA HVAC after market for coatings is a substantial opportunity for GMG and so it is good to see the progress on the EPA submission as well."

About THERMAL-XR® powered by GMG Graphene:

THERMAL-XR® COATING SYSTEM is a unique method of improving the conductivity of corroded heat exchange surfaces and improving and maintaining the performance of new units at peak levels. The process coats and protects heat exchange surfaces while improving and rebuilding the lost corroded thermal conductivity and increasing the heat transfer rate by leveraging the physics of GMG Graphene, resulting in an efficiency improvement and a potential power reduction.

THERMAL-XR RESTORE® is powered by GMG Graphene. PATENT PENDING

About GMG www.graphenemg.com

GMG is a clean-technology company which seeks to offer energy saving and energy storage solutions, enabled by graphene, including that manufactured in-house via a proprietary production process. GMG has developed a proprietary production process to decompose natural gas (i.e. methane) into its elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, 'tuneable' and low/no contaminant graphene suitable for use in clean-technology and other applications.

The Company's present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, GMG has focused on graphene enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving coating), lubricants and fluids.

In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries ("G+AI Batteries").

GMG's 4 critical business objectives are:

Produce Graphene and improve/scale cell production processes

Build Revenue from Energy Savings Products

Develop Next-Generation Battery

Develop Supply Chain, Partners & Project Execution Capability

For further information please contact:

Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041

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

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, the receipt, timing and nature of approval by the EPA of the PMN application and the opportunity represented by the USA HVAC after market for coatings.

Such forward-looking statements are based on a number of assumptions of management, including, without limitation, assumptions regarding that the EPA will approve the PMN application and on the timing anticipated, that the content of the EPA's approval will be as anticipated, and that the USA HVAC after market for coatings is a substantial opportunity for the Company. Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: that the EPA will not approve the PMN application on the timing anticipated or at all, that the content of the EPA's approval will not be as anticipated, that the USA HVAC after market for coatings is not a substantial opportunity for the Company, risks relating to the extent and duration of the conflict in Eastern Europe and its impact on global markets, the volatility of global capital markets, political instability, the failure of the Company to obtain regulatory approvals, attract and retain skilled personnel, unexpected development and production challenges, unanticipated costs and the risk factors set out under the heading "Risk Factors" in the Company's annual information form dated October 3, 2024 available for review on the Company's profile at www.sedarplus.ca.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/230564

Canada Carbon Inc.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

Toronto, ON, Canada, Nov. 19, 2024 (GLOBE NEWSWIRE) — Canada Carbon Inc. (the "Company") (TSX-V: CCB) is pleased to announce the closing of the first tranche of a non-brokered private placement of 7,333,333 units (each, a “Unit”) at a price of $0.015 per Unit for aggregate gross proceeds of $110,000 (the “Offering”). Each Unit is comprised of one (1) common share (each, a “Share”) in the capital of the Company and one (1) common share purchase warrant (each, a “Warrant”). Each Warrant shall entitle the holder thereof to acquire one common share in the capital of the Company at a price of $0.06 per share for a period of 60 months from the closing of the Offering.

All securities issued pursuant to the Offering are subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation. The proceeds of the Offering will be used by the Company for general working capital purposes.

Ellerton Castor, Chief Executive Officer of the Company, purchased 666,666 Units pursuant to the Offering. The insider private placement is exempt from the valuation and minority shareholder approval requirements of Multilateral Instrument 61- 101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”) by virtue of the exemptions contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 in that the fair market value of the consideration for the securities of the Company which will be issued to Mr. Castor does not exceed 25% of its market capitalization.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

CANADA CARBON INC.

“Ellerton Castor”Chief Executive Officer and DirectorContact InformationE-mail inquiries: info@canadacarbon.comP: (905) 407-1212

FORWARD LOOKING STATEMENTS

This press release contains statements that constitute “forward-looking information” (“forward-looking information”) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking information and are based on expectations, estimates and projections as at the date of this news release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information. Forward-looking statements in this news release include statements regarding the Offering and use of proceeds from the Offering. In disclosing the forward-looking information contained in this press release, the Company has made certain assumptions. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, it can give no assurance that the expectations of any forward-looking information will prove to be correct. Known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: compliance with extensive government regulations; domestic and foreign laws and regulations adversely affecting the Company’s business and results of operations; and general business, economic, competitive, political and social uncertainties. Accordingly, readers should not place undue reliance on the forward-looking information contained in this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking information to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking information or otherwise.

Neither 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.

With JP Morgan CEO Jamie Dimon warning Washington that China and Russia are seeking to dismantle the Western world, and “World War III has already begun”, access to critical metals that serve as the fuel of America’s military has become the most urgent issue of our time.

Critical metals will determine superpower status and global domination.

China is winning because it controls the bulk of the world’s critical metals, from mining to refining. Washington has been slow to discover domestic or friendly resources, at a time when the U.S. Army desperately needs them.

So, when a North American junior miner emerges as the owner of key critical metals properties in Europe and North America that could provide a new supply of one of these critical metals, the Western world sees hope.

The critical metal that is now poised to make or break a global superpower is antimony, and the miner is Military Metals Corp. (CSE:MILI; OTCQB:MILIF) – a little-known company that just put itself on the critical metals map through some smart strategic acquisitions.

Antimony (Sb), a critical metalloid, is a key element of the American war machine, essential for communication equipment, night vision goggles, explosives, ammunition, nuclear weapons, submarines, warships, optics, laser sighting and more, according to U.S. Army Major General (retired) James Marks.

Not only does China control nearly half of the world’s antimony production, but it also cut off antimony exports to the U.S. beginning in September this year.

The U.S. Army is Now Desperate for Antimony

China produces an astonishing ~70% of the world’s rare earth minerals and controls nearly 50% of the global antimony supply.

While China was pushing ahead at full speed, America was napping instead of discovering and developing new critical metals reserves.

Then, at the height of the trade war, China threatened to restrict the export of some rare earth minerals. It made good on that threat this year, and last: First, with Germanium and Gallium in 2023, and then with antimony in September this year.

Now, the U.S. Army has found itself short on an essential element of its military production line, just as war beckons from Europe to the Middle East. And it will need large amounts of antimony to succeed with a new push to ramp up production of artillery shells at newly launched manufacturing facilities after years of destocking.

Meanwhile, American manufacturers use more than 50 million pounds of antimony each year for fireproofing compounds, batteries, ammunition, electronics, specialty glass, and other products, according to MetalTech.

Now, it’s past time for America to stake its claims on critical metals reserves, and Military Metals (CSE:MILI; OTCQB:MILIF) is helping to do just that.

New Antimony Resources for the Coming Critical Demand Surge

Military Metals Corp. is on an antimony acquisition binge that’s taken it as far away as EU-member Slovakia, Nova Scotia in Canada and most recently in the US.

It’s planning to help retell the American antimony story by exploring new and re-developing historical venues that could chip away at China’s control over what is essentially a “military metal”.

Military Metals Corp. recently announced that it has purchased one of Europe’s largest antimony deposits in Slovakia with historical resources. In the heart of Central Europe, it’s a promising Soviet-era resource with an initial discovery from the 1950s and prior development in the ‘80s and ‘90s. It’s already seen two phases of exploration, including drilling and adit excavation.

Source: Military Metals Corp.

At the Trojarova Antimony Project, which could turn Slovakia into a European critical minerals hub, Military Metals Corp. says that underground development of this historical resource, funded by the Slovakian government, was shuttered in the 90s “prior to reaching the richest part of the deposit”.

Back then, with the Cold War winding down, and antimony already having served its purpose as the hero of World War II, the motivation just wasn’t there.

Today, the situation is very different, and EU’S Trojarova project–with a historical resource of over 61,998 tons of antimony worth around $ 2 billion in situ value at today’s spot prices—could now become a military kingmaker.

Figure 1 Military Metals Corp. (CSE:MILI; OTCQB:MILIF):

But Military Metals Corp. isn’t concentrating all of its effects on a single continent: it’s also making huge moves back in North America, in Canada’s famous WWI antimony mine in Nova Scotia.

Military Metals Corp. is sitting on a recently acquired historical antimony/gold play, the West Gore Antimony Project—one of Canada’s biggest past producing antimony mine and a key supplier to the Allied Forces in WWI.

It's an impressive historical resource, with historical drilling results demonstrating over 7 meters of 10.6 gpt gold and 3.4% antimony.

It’s not stopping there, however.

On October 24th, 2024, the company pounced on another opportunity to further consolidate this territory by signing an LOI to acquire more claims flanking West Gore.

The move to consolidate territory surrounding West Gore—one of the biggest heroes of WWI—is a strategic move that could tie the junior miner directly to North American defense at a time when prices are skyrocketing.

The Antimony Land Rush is a Junior Game

This smart, fast-moving investment strategy could, according to Forbes, be the “latest to generate short-term profits of more than 100% on money invested”.

Forbes was right, even if it underestimated the returns.

Shares in junior mining stocks focused on antimony have surged recently, netting investors up to 800% returns in a very short time.

Australian ASX-listed companies were the first to light up the exchange, with shares in domestic Larvotto Resources Ltd. (ASX:LRV) surging over 800% in the past six months.

The Australian government has placed antimony on its critical metals list, and Australian traders are calling it an “antimony party”.

But compared to its closet peer, Perpetua Resources, Military Metals Corp. appears to have quite a lot of room to run, based on resource estimates and current valuation.

Perpetua is currently valued at around $700 million, with ~90,000 tons of antimony. The U.S. government is in the process of providing a $1.86 billion loan to Perpetua to have their Antimony mine in production by 2029.

Military Metals Corp. is valued at only $23 million right now; but its new play in Slovakia is valued at $2 billion in situ of ore at today’s Antimony spot prices that keeps climbing every week. And that’s only one of its new antimony acquisitions. When you add the potential of West Gore in Nova Scotia, valuations could get even more attractive.

Pricing Power on the Brink of War

Military Metals Corp. CEO Scott Eldridge sees a major antimony supply crunch coming.

He’s certainly not alone.

“An extreme supply shortage since April has led to the sharpest price rally ever recorded in the antimony market since Fastmarkets started pricing the metal back in the early 1980s,” according to the UK’s Minor Metals Trade Association (MMTA).

“The military uses of Sb [antimony] are now the tail that wags the dog. Everyone needs it for armaments so it is better to hang onto it than sell it,” Christopher Ecclestone of London-based Hallgarten & Company recently told the Financial Review, calling it a “sign of the times”.

“This will put a real squeeze on the US and European militaries,” Ecclestone added.

Germany has essentially been demilitarized, with its own defense ministry estimating it has about 2 days of ammunition if there is a war with Russia, which it expects to happen within the next few years at most. Germany and the EU have mandated 2 million artillery shells to be manufactured by the end of 2025 with a investment of 500,000,000 euros.

Indeed, antimony prices have more than tripled since earlier this year from $12,000 per ton to over $38,000.

Two major wars are already involving enemies and allies on four continents, and World War III is already underway for all intents and purposes, making Military Metals Corp.’s (CSE:MILI; OTCQB:MILIF) strategic acquisition binge a fast-moving opportunity that continues to expand with every day that China squeezes supply and America is stuck playing catch-up.

Everyone from the U.S. Department of Defense to their Western counterparts around the world is now scrambling to secure new supply, and China is determined to keep the critical mineral taps turned off as it hoards the metal necessary to shore up U.S. defenses.

Other companies that are worth keeping a close eye on:

Northrop Grumman (NYSE: NOC)

Northrop Grumman is a leading global security company providing innovative systems, products, and solutions in autonomous systems, cyber, C4ISR, space, strike, and logistics and modernization to customers worldwide. With approximately 90,000 employees, Northrop Grumman is a major player in the defense and aerospace industry. The company is known for its expertise in developing cutting-edge technology, including stealth aircraft, unmanned aerial vehicles (UAVs), and missile defense systems. Northrop Grumman is a key partner to the U.S. government and its allies, providing essential capabilities to maintain national security.

Northrop Grumman's innovative solutions are critical to addressing the evolving threats of the modern world. The company's work in areas such as cyber security and autonomous systems is helping to shape the future of warfare. Northrop Grumman's commitment to research and development ensures that its customers have access to the latest technology and capabilities. The company's global presence also allows it to support its customers around the world.

Northrop Grumman is focused on delivering value to its shareholders through a combination of organic growth and strategic acquisitions. The company is also committed to maintaining a strong balance sheet and returning capital to shareholders through dividends and share repurchases. Northrop Grumman's financial strength and commitment to shareholder value make it an attractive investment opportunity.

Boeing (NYSE: BA)

Boeing is the world's largest aerospace company and a leading manufacturer of commercial jetliners, defense, space and security systems, and global services. A major player in the global economy, Boeing employs more than 140,000 people across the United States and in more than 65 countries. Boeing's products and tailored services include commercial and military aircraft, satellites, weapons, electronic and defense systems, launch systems, advanced information and communication systems, and performance-based logistics and training.

Boeing's commercial airplane business is one of the company's most important divisions. Boeing is the world's leading manufacturer of commercial airplanes, and its products are used by airlines around the world. The company's defense, space & security business is another key part of Boeing's operations. This division provides a wide range of products and services to the U.S. government and its allies.

Boeing has faced challenges in recent years, including the grounding of the 737 MAX aircraft and the COVID-19 pandemic. However, the company is committed to overcoming these challenges and continuing to deliver value to its customers and shareholders. Boeing is an iconic American company that plays a vital role in the global aerospace industry.

Rio Tinto (NYSE: RIO)

Rio Tinto, a global leader in the mining and metals sector, is known for its operational efficiency and commitment to sustainable development. The UK-Australian multinational corporation operates in around 35 countries worldwide and has significant assets across several commodities including aluminum, copper, diamonds, coal, iron ore, and uranium. Rio Tinto's robust portfolio of world-class assets is further reinforced by strong market fundamentals, especially in the copper and iron ore markets, making it an interesting proposition for potential investors.

In addition to its extensive mining operations, Rio Tinto is a leader in the implementation of cutting-edge technologies and sustainable mining practices. The company's commitment to reducing its carbon footprint and protecting the environment is evident in its various initiatives, such as investments in renewable energy and efforts to rehabilitate mining sites post-extraction. Rio Tinto's proactive approach to corporate responsibility and sustainability is an integral part of its business strategy, setting a standard for the mining industry.

BHP Group (NYSE:BHP)

BHP Group's expansive operations encompass a diverse range of mining assets. In Australia, the company operates major iron ore mines in the Pilbara region of Western Australia, which account for a significant portion of global iron ore production. BHP also has copper, coal, and nickel operations in Australia, as well as substantial energy assets, including oil and gas fields. In North and South America, the company has copper and iron ore mines in Chile, Peru, and Colombia, as well as coal operations in the United States. BHP's global reach and diversified portfolio of commodities allow it to meet the demands of customers around the world and contribute to the global supply of essential resources.

BHP Group is committed to operating in a responsible and sustainable manner. The company recognizes the importance of environmental protection and has implemented various initiatives to reduce its environmental impact. BHP has set ambitious targets to reduce its greenhouse gas emissions and has invested in technologies to improve water usage efficiency. The company also works closely with local communities to minimize the social and environmental impacts of its operations. BHP's commitment to sustainability has been recognized by various organizations, including the Dow Jones Sustainability Index, which has ranked BHP as a global leader in sustainability for several consecutive years.

BHP Group's focus on sustainability is not only beneficial for the environment but also aligns with growing consumer and investor demand for ethically sourced and environmentally friendly products. By prioritizing sustainability, BHP is positioning itself as a leader in the mining industry and demonstrating its commitment to long-term value creation for its stakeholders. The company's commitment to sustainability is a key differentiator and a source of competitive advantage in an industry that is increasingly focused on environmental and social responsibility.

Albemarle Corporation (NYSE:ALB)

Albemarle is a global specialty chemicals company headquartered in Charlotte, North Carolina. The company operates in three segments: Lithium, Bromine Specialties, and Catalysts. Albemarle is the world's largest producer of lithium, a key component in electric vehicle batteries. The company also produces a variety of other specialty chemicals, including bromine, catalysts, and pharmaceuticals.

Albemarle was founded in 1887 as the Albemarle Paper Manufacturing Company. The company initially produced paper and pulp, but it diversified into other chemicals in the 1960s. In 1994, Albemarle merged with Ethyl Corporation, a producer of specialty chemicals. The combined company was renamed Albemarle Corporation.

In recent years, Albemarle has benefited from the growing demand for lithium-ion batteries. The company has invested heavily in expanding its lithium production capacity. In 2021, Albemarle announced plans to invest $500 million in a new lithium hydroxide plant in North Carolina. The plant is expected to be operational in 2025. Albemarle is also exploring other opportunities to expand its lithium business, including potential acquisitions.

L3Harris Technologies (NYSE: LHX)

L3Harris Technologies is an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers' mission-critical needs. The company provides advanced defense and commercial technologies across space, air, land, sea, and cyber domains. L3Harris has approximately 48,000 employees and customers in more than 100 countries.

L3Harris Technologies is a leading provider of a wide range of products and services, including avionics, communication systems, electronic warfare systems, night vision devices, and tactical radios. The company's products are used by customers in the defense, aerospace, and government sectors. L3Harris is committed to providing its customers with innovative and reliable solutions that meet their evolving needs.

L3Harris Technologies was formed in 2019 through the merger of L3 Technologies and Harris Corporation. The merger created a leading global defense technology company with a broad portfolio of products and services. L3Harris is committed to growth and innovation, and the company is well-positioned to succeed in the rapidly changing aerospace and defense industry.

Parsons Corporation (NYSE: PSN)

Parsons is a leading provider of solutions for critical infrastructure. The company's expertise in areas such as cybersecurity, missile defense, and space is helping to protect national security and critical infrastructure around the world. Parsons is also a leader in the development of smart cities and connected infrastructure.

Parsons faces challenges such as competition from other large engineering and construction firms. The company must continue to innovate and develop new solutions to maintain its competitive edge.

Despite these challenges, Parsons is well-positioned for future growth.

The company's strong track record, diverse portfolio of services, and commitment to innovation make it a valuable partner to governments and businesses around the world.

Energy Fuels (NYSE American: UUUU)

Energy Fuels is a leading U.S.-based uranium mining company, operating the only conventional uranium mill in the United States. They have a diverse portfolio of uranium mines and projects in key uranium districts across the Western U.S. Energy Fuels also produces vanadium, a metal used in high-strength steel alloys and aerospace applications.

This company matters because they are a crucial player in the U.S. nuclear fuel cycle. Uranium is the primary fuel for nuclear power plants, which provide a significant portion of the nation's electricity. A secure and reliable domestic supply of uranium is essential for maintaining the operation of these power plants, ensuring energy security, and reducing reliance on foreign sources of nuclear fuel.

Furthermore, Energy Fuels' role in the U.S. uranium industry is important for national security, as uranium is also a critical component in nuclear weapons. While the U.S. currently has a stockpile of uranium, maintaining a domestic uranium mining and processing capability is crucial for ensuring the long-term viability of the nation's nuclear deterrent and reducing dependence on foreign sources of this strategically important material.

Neo Performance Materials (TSX: NEO)

Neo Performance Materials is a leading global company engaged in the production and processing of advanced industrial materials, with a focus on rare earth and rare metal-based functional materials. They operate in three main segments: Magnequench, Chemicals & Oxides, and Rare Metals. Magnequench produces magnetic powders used in high-performance magnets for applications such as electric vehicles and wind turbines. Chemicals & Oxides manufactures and distributes advanced industrial materials for various uses, including catalysts, electronics, and water treatment. Rare Metals focuses on the production of specialty metals like tantalum, niobium, and gallium, which are critical for aerospace, defense, and electronics applications.

Neo Performance Materials plays a vital role in supporting national security by providing essential materials for defense and high-tech industries. Their expertise in rare earth and rare metal processing contributes to the development and production of advanced technologies used in defense applications, such as guidance systems, lasers, and communication equipment. By ensuring a reliable supply of these critical materials, Neo Performance Materials helps to strengthen the resilience of the defense industrial base and reduce reliance on foreign sources.

Aclara Resources (TSX: ARA)

Aclara Resources is a development-stage rare earth mineral resource company focused on its Penco Module project in Chile. This project has the potential to be a significant source of heavy rare earth elements, which are critical for various high-tech applications, including permanent magnets used in electric vehicles, wind turbines, and defense technologies. Aclara is committed to developing the Penco Module project in a sustainable and environmentally responsible manner, using a unique ionic clay adsorption process that minimizes environmental impact.

Aclara Resources contributes to national security by diversifying the global supply of heavy rare earth elements. These elements are essential for the production of advanced technologies used in defense applications, such as guidance systems, lasers, and communication equipment. By developing a new source of these critical minerals outside of China, which currently dominates the rare earth market, Aclara Resources helps to reduce reliance on a single supplier and strengthen the resilience of the defense industrial base.

By. James Stafford

**IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY**

Forward-Looking Statements

This publication contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. The forward-looking statements in this publication are based on current expectations and assumptions about future events, geopolitical developments, trade policies, market conditions, the company’s strategic initiatives to address the critical shortage of antimony, and current expectations, estimates, and projections about the industry and markets in which the company operates. Factors that could change or prevent these statements from coming to fruition include, but are not limited to, the potential impact of the upcoming U.S. elections on various industries and specific companies, changes in government policies, market conditions, regulatory developments, geopolitical events and the company’s ability to successfully acquire and develop new antimony resources and fluctuations in antimony prices. The forward-looking information contained herein is given as of the date hereof and we assume no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.

DISCLAIMERS

This communication is for entertainment purposes only. Never invest purely based on our communication. We have not been compensated by the companies mentioned in this article but may in the future be compensated to conduct investor awareness advertising and marketing. While the opinions expressed in this article are based on information believed to be accurate and reliable, such information in our communications and on our website has not been independently verified and is not guaranteed to be correct. The content of this article is based solely on our opinions which are based on very limited analysis, and we are not professional analysts or advisors.

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(Bloomberg) — BHP Group’s Australia chief said the nation can’t rely on its traditional mining export markets and is unprepared for a new era of lower-cost competitors.

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Brisbane, Queensland, Australia–(Newsfile Corp. – November 14, 2024) – Graphene Manufacturing Group Ltd. (TSXV: GMG) ("GMG" or the "Company") is pleased to provide a business update on its working capital position and the implementation of cost reductions targets that were communicated on March 11, 2024.

Each year the Company submits a Research and Development (R&D) application to the Australian Taxation Office to recover 43.5% of eligible R&D expenditures under the Australian Government's Research and Development Tax Incentive scheme. On October 29, 2024, A$2.85m, the amount requested in this year's R&D application, was deposited in full into the Company's bank account. As at November 1, 2024, the Company's cash balance was A$5.56m, with no debt or loan facilities in place. The continued funding from AusIndustry's R&D Tax incentive scheme has played a vital role in supporting GMG's ongoing research and development.

The Company successfully implemented an organisational restructure by merging the Projects and Operations teams and streamlining its Graphene Manufacturing Plant and Thermal XR® Blending Plant. The new operating model to deliver Projects of scale will rely on trusted third-party providers who have a strong working relationship with GMG and a track record of delivery. Through careful organisational restructuring and active cost management, the Company has reduced its monthly operating cost base by almost 45% since September 2023. The Company will continue to look for ways to continue this trend while maintaining a delivery mind set.

GMG's CEO Craig Nicol stated, "The timely receipt of the Research and Development rebate from the Australian Federal Government continues to provide significant working capital support while the Company has continued to focus on improving its cost base through streamlining of Operations and Projects teams while maintaining focus and pace on delivering its four critical business objectives."

GMG's Chairman and Non-Executive Director, Jack Perkowski, commented: "The implementation of targeted costs savings together with the Research & Development rebate, allows the Company to remain focused on growing the sales of its Energy Savings products."

About GMG www.graphenemg.com

GMG's 4 critical business objectives are:

Produce Graphene and improve/scale cell production processes

Build Revenue from Energy Savings Products

Develop Next-Generation Battery

Develop Supply Chain, Partners & Project Execution Capability

For further information please contact:

Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the Company's new operating model, future cost reductions, and the Company's focus on the sale of its energy saving products.

Such forward-looking statements are based on a number of assumptions of management, including, without limitation, that the new operating model to deliver Projects of scale will rely on trusted third-party providers who have a strong working relationship with GMG and a track record of delivery, that the Company will continue to look for ways to reduce costs while maintaining a delivery mind set, and that the Company's focus will remain on growing the sales of its energy saving products.

Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: that the Australian Federal Government will not continue its Research and Development Tax Incentive scheme, or that the Company will not continue to benefit from the tax incentive, that the new operating model to deliver projects of scale will not rely on trusted third-party providers who have a strong working relationship with GMG and a track record of delivery, that the Company will be unable to reduce costs further while maintaining a delivery mind set, that the Company will not remain focused on growing the sales of its energy saving products, risks relating to the extent and duration of the conflict in Eastern Europe and its impact on global markets, the volatility of global capital markets, political instability, the failure of the Company to obtain regulatory approvals, attract and retain skilled personnel, unexpected development and production challenges, unanticipated costs and the risk factors set out under the heading "Risk Factors" in the Company's annual information form dated October 3, 2024 available for review on the Company's profile at www.sedarplus.ca.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/229939

ESTES PARK, CO / ACCESSWIRE / November 14, 2024 / Taranis Resources Inc. ("Taranis" or the "Company") (TSX.V:TRO)(OTCQB:TNREF) announces that it has closed the private placement announced on October 29, 2024 which consisted of the sale of 454,546 flow-through units (the "FT Units") at a price of $0.55 per FT Unit for gross proceeds of $250,000. Each FT Unit consisted of one flow-through common share and one share purchase warrant (each a "Warrant"), with each Warrant entitling the holder to purchase one additional common share at a price of $0.50 until November 13, 2026. All of the securities issued pursuant to this private placement, including any shares that may be issued pursuant to the exercises of the Warrants, are subject to a hold period in Canada until March 14, 2025.

Insiders subscribed for all of the FT Units. The participation of insiders in the private placement constituted a related party transaction within the meaning of TSX-V Policy 5.9 and Multilateral Instrument 61-101 – "Protection of Minority Security Holders in Special Transactions" ("MI 61-101"). Taranis relied on exemptions from the formal valuation and minority shareholder approval requirements provided for under sections 5.5(a) and 5.7(a) of MI 61-101 on the basis that the fair market value (as determined under MI 61-101) of insider participation in the private placement did not exceed 25% of Taranis's market capitalization.

About Taranis and Thor

Taranis Resources Inc. is a Canadian mineral exploration company. The Thor Project is in southeast British Columbia. Taranis has completed upwards of 250 drill holes, linking all previously known mines into a single, near-surface epithermal deposit that has been recently updated into an NI 43-101 Mineral Resource Estimate (see Taranis News Release dated April 11, 2024). In the summer of 2024, Taranis initiated deep drilling aimed at finding the source of the 2km long epithermal deposit. This exploration uses modern geological models and state-of-the-art exploration tools including airborne magnetotellurics, magnetics and drill hole alteration geochemistry. The Company's exploration approach in the Silver Cup Mining District is that historic mines in the area are potentially underlain by comparatively large mineral deposits that do not outcrop at surface.

Qualified Person

Exploration activities at Thor were overseen by John Gardiner (P. Geo.), who is a Qualified Person under the meaning of Canadian National Instrument 43-101. John Gardiner is a principal of John J. Gardiner & Associates, LLC which operates in British Columbia under Firm Permit Number 1002256. Mr. Gardiner has reviewed and approved the comments contained within this News Release.

For additional information on Taranis or its 100%-owned Thor project in British Columbia, visit www.taranisresources.com

Taranis currently has 100,082,187 shares issued and outstanding (113,827,227 shares on a fully-diluted basis).

TARANIS RESOURCES INC.

Per: John J. Gardiner (P. Geo.), President and CEO

For further information contact:

John J. Gardiner681 Conifer LaneEstes Park, Colorado 80517Phone: (303) 716-5922 Cell: (720) 209-3049johnjgardiner@earthlink.net

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 NEWS RELEASE.

This News Release may contain forward looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of factors beyond its control, and actual results may differ materially from expected results.

SOURCE: Taranis Resources, Inc.

View the original press release on accesswire.com

Arcadia Biosciences (RKDA) came out with a quarterly loss of $0.87 per share versus the Zacks Consensus Estimate of a loss of $0.77. This compares to loss of $1.83 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -12.99%. A quarter ago, it was expected that this agricultural biotechnology trait company would post earnings of $1.27 per share when it actually produced earnings of $0.78, delivering a surprise of -38.58%.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.

Arcadia Biosciences , which belongs to the Zacks Agriculture – Products industry, posted revenues of $1.54 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 9.94%. This compares to year-ago revenues of $1.6 million. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Arcadia Biosciences shares have added about 35.5% since the beginning of the year versus the S&P 500's gain of 25.8%.

What's Next for Arcadia Biosciences?

While Arcadia Biosciences has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Arcadia Biosciences: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.50 on $1.45 million in revenues for the coming quarter and -$1.70 on $5.41 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Agriculture – Products is currently in the bottom 16% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Compass Minerals (CMP), another stock in the broader Zacks Basic Materials sector, has yet to report results for the quarter ended September 2024.

This minerals producer is expected to post quarterly loss of $0.47 per share in its upcoming report, which represents a year-over-year change of -683.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Compass Minerals' revenues are expected to be $209.38 million, down 10.4% from the year-ago quarter.

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Zacks Investment Research

WHITE ROCK, BC / ACCESSWIRE / November 13, 2024 / Honey Badger Silver Inc. (TSXV:TUF)(OTCQB:HBEIF) ("Honey Badger" or the "Company") is pleased to announce that it has incorporated a new subsidiary called Honey Badger Silver Royalty Inc. ("HBSR"). The Company will grant HBSR a 2% net smelter return royalty ("NSR") on silver production from Honey Badger's current portfolio of mineral projects.Honey Badger shareholders will own 100% of HBSR through their ownership of Honey Badger shares.

Honey Badger's CEO, Dorian L. (Dusty) Nicol, commented, "We expect HBSR to surface shareholder value by highlighting the company's inherent silver royalty holdings. Our goal is to create a compelling silver investment vehicle for what we believe will be the biggest bull silver market in history. Honey Badger continues to aggressively evaluate many silver mineral assets. Over the past few years, we have selectively acquired 7 silver-rich mineral projects in sound political jurisdictions – all in Canada at present. Our ultimate objective is to hold cash-flowing silver royalties and streams plus a substantial inventory of silver ounces in mineral deposits. This business model is innovative and unique to our knowledge."

The Honey Badger fully-owned projects from which a 2% NSR will be granted to HBSR comprise:

Containing Historic Silver Resources:

Clear Lake project in the Yukon: Sediment-hosted deposit containing 5.5 million ounces of silver and 1.3 billion pounds of zinc, with potential to expand.
The Sunrise Lake project in the Northwest Territory: Volcanogenic Massive Sulphide (VMS) deposit with a historic estimate of 12.6 million ounces of silver Indicated and 14.1 million ounces Inferred, together with significant gold and base metals. There is potential to expand resource.
Yava Lake project in Nunavut: VMS located near Glencore's Hackett River Project, one of the world's largest undeveloped silver resources. Yava Lake has a historic resource of 4.5 million ounces of silver, with significant potential to expand and to discover additional deposits within the land package.

Pre-Resource, High-Grade Silver Projects

Nanisivik Mine in Nunavut: A historical mine which produced over 20 million ounces of silver. High-grade silver targets identified within the over 100 million tonnes of massive sulphide that remains unmined on the property together with additional exploration targets within the land package.
Plata in the Yukon: Historic high-grade silver producer, adjacent to Snowline Gold's Rogue discovery and with similar geology. High-grade gold and silver veins occur throughout the project and are interpreted to be the upper portions of a Rogue-type mineralized system.
Groundhog in the Yukon: Located near the Ketza River gold-silver camp, high-grade silver, zinc, lead, and copper mineralization occurs on the project. There has been no geophysics or drilling done on this project, which has potential to host one or multiple silver deposits.
Hy in the Yukon: High-grade silver, lead, zinc, and tungsten mineralization occur on this project. Little follow up work has been done to date on this project, which has potential to host one or more silver deposits.

About Honey Badger Silver Inc.

Honey Badger Silver is a silver company. The company is led by a highly experienced leadership team with a track record of value creation backed by a skilled technical team. Our projects are located in areas with a long history of mining, including the Sunrise Lake project with a historic resource of 12.8 Moz of silver (and 201.3 million pounds of zinc) Indicated and 13.9 Moz of silver (and 247.8 million pounds of zinc) Inferred (1)(3) located in the Northwest Territories and the Plata high grade silver project located 165 km east of Yukon's prolific Keno Hill and adjacent to Snowline Gold's Rogue discovery. The Company's Clear Lake Project in the Yukon Territory has a historic resource of 5.5 Moz of silver and 1.3 billion pounds of zinc (2)(3). The Company also has a significant land holding at the Nanisivik Mine Area located in Nunavut, Canada that produced over 20 Moz of silver between 1976 and 2002 (2,3). A qualified person has not done sufficient work to classify the foregoing historical resources as current mineral resources and the Company is not treating the estimates as current mineral resources. The historical resource estimates are provided solely for the purpose as an indication of the volume of mineralization that could be present. Additional work, including verification drilling / sampling, will be required to verify any of the historical estimates as a current mineral resources.

(1) Sunrise Lake 2003 RPA historic resource: Indicated 1.522 million tonnes grading 262 grams/tonne silver, 6.0% zinc, 2.4% lead, 0.08% copper, and 0.67 grams/tonne gold and Inferred 2.555 million tonnes grading 169 grams/tonne silver, 4.4% zinc, 1.9% lead, 0.07% copper, and 0.51 grams/tonne gold.(2) Clear Lake 2010 SRK historic Resource: Inferred 7.76 million tonnes grading 22 grams/tonne silver, 7.6% zinc, and 1.08% lead.(3) Geological Survey of Canada, 2002-C22, "Structural and Stratigraphic Controls on Zn-Pb-Ag Mineralization at the Nanisivik Mississippi Valley type Deposit, Northern Baffin Island, Nunavut; by Patterson and Powis."

ON BEHALF OF THE BOARD

Dorian L. (Dusty) Nicol, CEOFor more information, please visit our website www.honeybadgersilver.com or contact Sonya Pekar for Investor Relations | spekar@honeybadgersilver.com |+1 (647) 498 – 8244

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.

Cautionary Note Regarding Forward-Looking Information

This news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections and interpretations as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "interpreted", "management's view", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This forward-looking information is based on reasonable assumptions and estimates of management of the Company at the time such assumptions and estimates were made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Honey Badger to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information.

Such factors include, but are not limited to, risks relating to capital and operating costs varying significantly from estimates; delays in obtaining or failures to obtain required governmental, environmental or other project approvals; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; fluctuations in commodity prices; delays in the development of projects; other risks involved in the mineral exploration and development industry; and those risks set out in the Company's public documents filed on SEDAR+ (www.sedarplus.ca) under Honey Badger's issuer profile. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed timeframes or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

SOURCE: Honey Badger Silver Inc.

View the original press release on accesswire.com

Investors with an interest in Mining – Non Ferrous stocks have likely encountered both Amerigo Resources (ARREF) and Southern Copper (SCCO). But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.

There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits.

Amerigo Resources has a Zacks Rank of #2 (Buy), while Southern Copper has a Zacks Rank of #3 (Hold) right now. The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that ARREF has an improving earnings outlook. But this is just one piece of the puzzle for value investors.

Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels.

The Value category of the Style Scores system identifies undervalued companies by looking at a number of key metrics. These include the long-favored P/E ratio, P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that help us determine a company's fair value.

ARREF currently has a forward P/E ratio of 8.77, while SCCO has a forward P/E of 23.15. We also note that ARREF has a PEG ratio of 0.44. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. SCCO currently has a PEG ratio of 1.08.

Another notable valuation metric for ARREF is its P/B ratio of 1.82. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. For comparison, SCCO has a P/B of 9.15.

These metrics, and several others, help ARREF earn a Value grade of A, while SCCO has been given a Value grade of C.

ARREF stands above SCCO thanks to its solid earnings outlook, and based on these valuation figures, we also feel that ARREF is the superior value option right now.

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Zacks Investment Research

Halifax, Nova Scotia–(Newsfile Corp. – November 12, 2024) – Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce that it is proposing to complete, and has accepted subscription agreements for, a non-brokered private placement offering of 4,803,329 units (the "Units") at a price of $0.50 per Unit for gross proceeds of $2,401,665 (the "Offering"). Each Unit will consist of one common share in the capital of the Company (a "Common Share") and one-half of one Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder thereof to purchase one Common Share (a "Warrant Share") for a period of 24 months following the date of closing of the Offering (the "Closing Date") at an exercise price of $0.75.

Pursuant to National Instrument 45-102 – Resale of Securities, the Common Shares and Warrants comprising the Units, including the Insider Units (as defined below), as well as any underlying Warrant Shares to be issued upon exercise of Warrants, will be subject to a four-month and one-day hold period commencing on the Closing Date. Additional hold periods and/or trading or resale restrictions may also apply in the United States.

Proceeds from the Offering are expected to be used for: (i) the finalization of upstream mixed-rare-earth feedstock agreements and also downstream customer offtake agreements for the Company's planned Strategic Metals Complex (Louisiana, USA) (the "SMC"); (ii) progressing engineering drawings and plans (currently ongoing) for the Company's planned SMC; (iii) debt servicing; and (iv) general corporate working capital purposes.

The closing of the Offering and issuance of the Units are subject to the approval of the TSX Venture Exchange (the "TSXV").

The closing of the Offering is expected to take place on or about November 14, 2024, or such other date as may be determined by the Company.

Pursuant to the Offering, certain insiders of the Company are expected to purchase a total of 2,856,330 Units (the "Insider Units") for gross proceeds to the Company of $1,428,165. As such, the Offering is considered a related party transaction within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101"). Full details of this transaction will be disclosed on the System for Electronic Disclosure by Insiders (SEDI) at www.sedi.ca and in an early warning press release and an early warning report available on the System for Electronic Document Analysis and Retrieval+ (SEDAR+) at www.sedarplus.ca. The Company anticipates that the Offering will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of the subject matter of the Offering, nor the consideration to be paid, is expected to exceed 25% of the Company's market capitalization. No new insiders and no control persons will be created in connection with the closing of the Offering.

# # #

About Ucore Rare Metals Inc.

Ucore is focused on rare- and critical-metal resources, extraction, beneficiation, and separation technologies with the potential for production, growth, and scalability. Ucore's vision and plan is to become a leading advanced technology company, providing best-in-class metal separation products and services to the mining and mineral extraction industry.

Through strategic partnerships, this plan includes disrupting the People's Republic of China's control of the North American REE supply chain through the near-term establishment of a heavy and light rare-earth processing facility in the U.S. State of Louisiana, subsequent Strategic Metal Complexes in Canada and Alaska and the longer-term development of Ucore's 100% controlled Bokan-Dotson Ridge Rare Heavy REE Project on Prince of Wales Island in Southeast Alaska, USA.

Ucore is listed on the TSXV under the trading symbol "UCU" and in the United States on the OTC Markets' OTCQX® Best Market under the ticker symbol "UURAF."

For further information, please visit www.ucore.com.

Forward-Looking Statements

This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release (other than statements of historical facts) that address future business development, technological development and/or acquisition activities (including any related required financings), timelines, events, or developments that the Company is pursuing are forward-looking statements, including without limitation, statements regarding the completion of the Offering, and the anticipated timing and use of proceeds of the Offering. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance or results, and actual results or developments may differ materially from those in forward-looking statements.

For additional risks and uncertainties regarding the Company, the CDF, the Demo Plant and ongoing Programs (generally), see the risk disclosure in the Company's MD&A for Q2-2024 (filed on SEDAR+ on August 27, 2024) (www.sedarplus.ca) as well as the risks described below.

Regarding the disclosure above in the "About Ucore Rare Metals Inc." section, the Company has assumed that it will be able to procure or retain additional partners and/or suppliers, in addition to Innovation Metals Corp. ("IMC"), as suppliers for Ucore's expected future SMSs. Ucore has also assumed that sufficient external funding will be found to complete the Demo Plant demonstration schedule and also later prepare a new National Instrument 43-101 ("NI 43-101") technical report that demonstrates that the Bokan Mountain Rare Earth Element project ("Bokan") is feasible and economically viable for the production of both REE and co-product metals and the then prevailing market prices based upon assumed customer offtake agreements. Ucore has also assumed that sufficient external funding will be secured to continue the development of the specific engineering plans for the SMCs and their construction. Factors that could cause actual results to differ materially from those in forward-looking statements include, without limitation: IMC failing to protect its intellectual property rights in RapidSX™; RapidSX™ failing to demonstrate commercial viability in large commercial-scale applications; Ucore not being able to procure additional key partners or suppliers for the SMCs; Ucore not being able to raise sufficient funds to fund the specific design and construction of the SMCs and/or the continued development of RapidSX™; adverse capital-market conditions; unexpected due-diligence findings; the emergence of alternative superior metallurgy and metal-separation technologies; the inability of Ucore and/or IMC to retain its key staff members; a change in the legislation in Louisiana or Alaska and/or in the support expressed by the Alaska Industrial Development and Export Authority ("AIDEA") regarding the development of Bokan; the availability and procurement of any required interim and/or long-term financing that may be required; and general economic, market or business conditions.

Neither the TSXV nor its Regulation Services Provider (as that term is defined by the TSXV) accept responsibility for the adequacy or accuracy of the content of this release.

CONTACTS

For additional information, please contact:

Mark MacDonaldVice President, Investor RelationsUcore Rare Metals Inc.1.902.482.5214mark@ucore.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/229691

TSX Venture Exchange (TSX-V): GRGFrankfurt Stock Exchange (FSE): G6AOTCQB Venture Market (OTCQB): GARWF

/NOT FOR DISTRIBUTION TO THE UNITED STATES/

VANCOUVER, BC, Nov. 12, 2024 /CNW/ – Golden Arrow Resources Corporation (TSXV: GRG) (FSE: G6A) (OTCQB: GARWF), ("Golden Arrow" or the "Company") is pleased to announce a non-brokered private placement financing of up to 10,000,000 units at a price of $0.05 per unit (the "Units") for gross proceeds of $500,000 (the "Offering").

Golden Arrow Resources Corporation logo (CNW Group/Golden Arrow Resources Corporation)

Each Unit will consist of one common share and one transferrable common share purchase warrant (a "Warrant"). Each Warrant will entitle the holder thereof to purchase one additional common share in the capital of the Company at $0.08 per share for three (3) years from the date of issue.

The Company's flagship San Pietro IOCG Project in Chile is funded to support a resource delineation program through the recently announced option agreement (see News Release dated January 12, 2024). The proceeds of this financing will provide funds for general working capital.

Please contact Shawn Perger at 1-604-687-1828 or Toll-Free: 1-800-901-0058Email: info@goldenarrowresources.com

This financing is subject to regulatory approval and all securities to be issued pursuant to the financing are subject to a four-month hold period under applicable Canadian securities laws. Directors, officers and employees of the Company may participate in a portion of the financing. A commission may be paid to arm's length finders on a portion of the financing. The proceeds of the financing will be used for general working capital.

The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "1933 Act") or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the 1933 Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.

About Golden Arrow:

Golden Arrow Resources Corporation is a mining exploration company with a successful track record of creating value by making precious and base metal discoveries and advancing them into exceptional deposits.

Golden Arrow is actively exploring its flagship property, the advanced San Pietro iron oxide-copper-gold-cobalt project in Chile, and a portfolio that includes nearly 125,000 hectares of prospective properties in Argentina.

The 100%-held San Pietro Project covers nearly 18,500 hectares, approximately 100 kilometres north of Copiapo in the centre of a potential new copper-cobalt region within an active mining district that is home to all the major iron oxide-copper-gold ("IOCG") deposits in Chile. San Pietro hosts multiple targets with strong IOCG+cobalt mineralization, and the Company is working to delineate its first mineral resource for the project in 2024.

The Company is a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993.

ON BEHALF OF THE BOARD "Joseph Grosso"

________________________________Mr. Joseph Grosso, Executive Chairman, President and CEO

This news release contains certain statements and information that may be considered "forward-looking statements" and "forward-looking information" within the meaning of applicable securities laws. In some cases, but not necessarily in all cases, forward-looking statements and forward-looking information can be identified by the use of forward-looking terminology such as "plans", "targets", "expects" or "does not expect", "is expected", "an opportunity exists", "is positioned", "estimates", "intends", "assumes", "anticipates" or "does not anticipate" or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might", "will" or "will be taken", "occur" or "be achieved" and other similar expressions. In addition, statements in this news release that are not historical facts are forward looking statements, including, without limitation, statements or information concerning the use of proceeds of the Offering; the closing of the Offering; the Company's expectations about when the Offering will close, if the Offering closes at all; the Company's expectation that it will meet the requirements of the Exchange necessary to have the Common Shares listed; the size and other terms of the Offering; the participation by insiders in the Offering; finder's fees; the Company's business strategy, plans and outlooks; the future financial or operating performance of the Company; future exploration and operating plans; and the expectation that all of the closing conditions will be met.

These statements and other forward-looking information are based on assumptions and estimates that the Company believes are appropriate and reasonable in the circumstances, including, without limitation, assumptions about the proposed completion of the Offering; future prices of lithium; the price of other commodities; currency exchange rates and interest rates; favourable operating conditions; political stability; timely receipt of governmental approvals, licences and permits (and renewals thereof); access to necessary financing; stability of labour markets and market conditions in general; availability of equipment; the accuracy of mineral resource estimates and preliminary economic assessments; estimates of costs and expenditures to complete the Company's programs and goals; and there being no significant disruptions affecting the development and operation of the project.

There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include: the risk that the Offering will not complete on the timeline anticipated or at all; the risk that all necessary regulatory approvals will not be obtained, including the approval of the Exchange; the risk that the Company will not be able to utilize the proceeds of the Offering as anticipated; risks associated with the business of the Company; business and economic conditions in the mining industry generally; the supply and demand for labour and other project inputs; changes in commodity prices; changes in interest and currency exchange rates; risks relating to inaccurate geological and engineering assumptions; risks relating to unanticipated operational difficulties; failure of equipment or processes to operate in accordance with specifications or expectations; cost escalations; unavailability of materials and equipment; government action or delays in the receipt of government approvals; industrial disturbances or other job action; unanticipated events related to health, safety and environmental matters; risks relating to adverse weather conditions; political risk and social unrest; changes in general economic conditions or conditions in the financial markets; ongoing war in Ukraine, rising inflation and interest rates and the impact they will have on the Company's operations, supply chains, ability to access mining projects or procure equipment, supplies, contractors and other personnel on a timely basis or at all and economic activity in general; and other risk factors as detailed from time to time in the Company's continuous disclosure documents filed with Canadian securities regulators.

The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

SOURCE Golden Arrow Resources Corporation

Cision

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/November2024/12/c1187.html

Vancouver, British Columbia–(Newsfile Corp. – November 12, 2024) – Lara Exploration Ltd. (TSXV: LRA) ("Lara") is pleased to report that mining and processing has resumed at the Celesta Copper Project in the Carajás of Brazil. Tessarema Resources has advised that an additional 3,545m of resource definition drilling was completed on the Osmar and Galpão targets while work was carried out to reinstate permits and bring the processing plant out of care and maintenance. Tessarema resumed mining and processing ore from stockpiles and the Osmar pit in October, with a gradual ramp-up expected in the coming months.

Lara owns a 5% net profits interest in the project, via preferred shares of Celesta, without the obligation to contribute to the re-start costs, and a 2% Net Smelter Returns ("NSR") Royalty on production.

About Lara Exploration

Lara is an exploration company following the Prospect and Royalty Generator business model, which aims to minimize shareholder dilution and financial risk by generating prospects and exploring them in joint ventures funded by partners, retaining a minority interest and or a royalty. The Company currently holds a diverse portfolio of prospects, deposits and royalties in Brazil, Peru and Chile. Lara's common shares trade on the TSX Venture Exchange under the symbol "LRA".

For further information on Lara Exploration Ltd. please consult our website www.laraexploration.com, or contact Chris MacIntyre, VP Corporate Development, at +1 416 703 0010.

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

-30-

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/229637

In the wake of a decisive U.S. election outcome, Canadian markets are experiencing renewed optimism, with the TSX reaching record highs alongside its American counterparts. As investors navigate this post-election landscape, attention turns to long-term fundamentals and identifying promising opportunities within Canada’s small-cap sector. A good stock in this environment often displays strong fundamentals and potential for growth, making it well-positioned to benefit from favorable economic conditions and market sentiment shifts.

Top 10 Undiscovered Gems With Strong Fundamentals In Canada

Name	Debt To Equity	Revenue Growth	Earnings Growth	Health Rating
TWC Enterprises	6.24%	12.63%	23.89%	★★★★★★
Reconnaissance Energy Africa	NA	15.28%	7.58%	★★★★★★
Grown Rogue International	24.92%	43.35%	67.95%	★★★★★☆
Mako Mining	22.90%	38.12%	54.79%	★★★★★☆
Maxim Power	25.01%	13.56%	17.14%	★★★★★☆
Queen’s Road Capital Investment	7.20%	22.14%	22.20%	★★★★☆☆
Corby Spirit and Wine	75.89%	5.97%	-5.75%	★★★★☆☆
Petrus Resources	19.44%	17.39%	46.03%	★★★★☆☆
Genesis Land Development	47.40%	28.61%	52.30%	★★★★☆☆
DIRTT Environmental Solutions	58.73%	-5.34%	-5.43%	★★★★☆☆

Click here to see the full list of 43 stocks from our TSX Undiscovered Gems With Strong Fundamentals screener.

We’ll examine a selection from our screener results.

Corby Spirit and Wine

Simply Wall St Value Rating: ★★★★☆☆

Overview: Corby Spirit and Wine Limited, along with its subsidiaries, engages in the production, marketing, and importation of spirits, wines, and ready-to-drink cocktails across Canada, the United States, the United Kingdom, and other international markets with a market cap of CA$352.95 million.

Operations: Corby Spirit and Wine generates revenue primarily from Case Goods, contributing CA$198.75 million, followed by Commissions at CA$26.59 million.

Corby Spirit and Wine, a notable player in Canada’s beverage industry, has shown resilience with earnings growth of 8.9% over the past year, outpacing the industry average. Despite a high net debt to equity ratio of 58.3%, their interest payments are well covered by EBIT at 7.2x coverage, indicating strong financial management. The company’s price-to-earnings ratio stands attractively at 14.8x compared to the industry’s 25.8x average. Recently, Corby launched a new RTD product line in collaboration with Ocean Spray®, potentially boosting market presence and consumer engagement across Canada by Spring 2025.

TSX:CSW.A Debt to Equity as at Nov 2024SilverCrest Metals

Simply Wall St Value Rating: ★★★★★★

Overview: SilverCrest Metals Inc. focuses on acquiring, exploring, and developing precious metal properties in Mexico with a market capitalization of CA$2.13 billion.

Operations: SilverCrest Metals generates revenue primarily from its Las Chispas project, amounting to $261.54 million.

SilverCrest Metals, a nimble player in the mining sector, has demonstrated robust earnings growth of 30.6% over the past year, outpacing its industry peers. Despite having no debt for five years and maintaining high-quality earnings, future projections suggest an average annual decline of 19.2% in earnings over the next three years. Recent production results show a slight dip with gold recovery at 14,928 oz compared to last year’s 15,700 oz and silver recovery at 1.41 million oz down from 1.49 million oz; however, ore mined increased significantly to 124,229 tonnes from last year’s 83,800 tonnes. Notably poised for transformation through Coeur Mining’s acquisition valued at approximately US$1.7 billion—equating to $11.34 per share—this transaction is anticipated to conclude by Q1 of next year pending regulatory approvals and shareholder consent.

TSX:SIL Earnings and Revenue Growth as at Nov 2024Alphamin Resources

Simply Wall St Value Rating: ★★★★★★

Overview: Alphamin Resources Corp., along with its subsidiaries, focuses on the production and sale of tin concentrates and has a market capitalization of CA$1.61 billion.

Operations: Alphamin Resources generates revenue primarily through the production and sale of tin concentrates. The company has a market capitalization of CA$1.61 billion, reflecting its position in the tin industry.

Alphamin Resources, a notable player in the mining sector, has demonstrated robust financial performance with earnings growth of 35.4% over the past year, outpacing industry averages. The company reported impressive sales of US$174.55 million for Q3 2024, a significant increase from US$80.78 million in the same period last year, alongside net income rising to US$32.94 million from US$14.73 million previously. Furthermore, Alphamin’s net debt to equity ratio stands at a satisfactory 0.3%, reflecting strong financial health and effective debt management over recent years as it reduced from 56.8% to 17.3%.

TSXV:AFM Debt to Equity as at Nov 2024Key Takeaways

Investigate our full lineup of 43 TSX Undiscovered Gems With Strong Fundamentals right here.
Are you invested in these stocks already? Keep abreast of every twist and turn by setting up a portfolio with Simply Wall St, where we make it simple for investors like you to stay informed and proactive.
Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide.

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Find companies with promising cash flow potential yet trading below their fair value.

Companies discussed in this article include TSX:CSW.A TSX:SIL and TSXV:AFM.

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MOST ACTIVE MINING STOCKS

Daily Gainers


CMC Metals Ltd.	CMB.V	+900.00%
Eden Energy Ltd	EDE.AX	+200.00%
GoviEx Uranium Inc.	GXU.V	+42.86%
Eagle Nickel Ltd.	ENL.AX	+41.67%
Citigold Corp. Limited	CTO.AX	+33.33%
Mount Burgess Mining NL	MTB.AX	+33.33%
Exalt Resources Limited	ERD.AX	+31.94%
Casa Minerals Inc.	CASA.V	+30.00%
Cariboo Rose Resources Ltd	CRB.V	+28.57%
Belmont Resources Inc.	BEA.V	+28.57%

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MOST ACTIVE MINING STOCKS

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