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Noront Board of Directors unanimously determines improved Wyloo Metals Offer of C$1.10 per share to be a Superior Proposal
Improved Wyloo Offer of C$1.10 in cash per share represents a 358% premium to Noront's unaffected closing price on May 21, 2021 and a 47% premium to BHP's C$0.75 per share offer
BHP has five business days to match Wyloo Metals' offer

TORONTO, Dec. 21, 2021 (GLOBE NEWSWIRE) — Noront Resources Ltd. ("Noront" or the "Company") (TSXV: NOT) today announced it has settled an arrangement agreement (the "Arrangement Agreement") with Wyloo Metals Pty Ltd and Wyloo Canada Holdings Pty Ltd (together, "Wyloo Metals") under which Wyloo Metals has agreed to acquire up to all of the issued and outstanding common shares of Noront ("Common Shares") that it does not already own, directly or indirectly, for C$1.10 per Common Share by way of a statutory plan of arrangement under the Business Corporation Act (Ontario) (the "Wyloo Offer").

Under the Arrangement Agreement, shareholders must make an election to sell (a "Sale Election") all or a portion of their Common Shares to Wyloo Metals in order to receive cash consideration of C$1.10 per Common Share. Shareholders who do not make a Sale Election will retain their Common Shares following the closing of the Transaction. Notwithstanding the foregoing, Wyloo Metals will have an option to acquire all of the Common Shares that it does not already own, directly or indirectly, for C$1.10 per Common Share – including those Common Shares not subject to a Sale Election – if less than 10% of the outstanding Common Shares are not subject to a Sale Election.

The consideration of C$1.10 in cash per share under the Wyloo Offer represents an approximate 358% premium to the unaffected closing price of the Common Shares on May 21, 2021 and an approximate 47% premium to the cash offer of C$0.75 per Common Share (the "BHP Offer") made by BHP Western Mining Resources International Pty Ltd ("BHP").

BHP Right to Match

Pursuant to the terms of the support agreement among Noront, BHP and BHP Lonsdale Investments Pty Ltd (the "Support Agreement"), upon the Company making a determination that a superior proposal has been received, BHP has the right, but not the obligation, to offer to amend the terms of the BHP Offer. BHP has five business days from receiving notice of the superior proposal in accordance with the terms of the Support Agreement to negotiate with Noront, should BHP decide to do so, to amend the terms of the existing Support Agreement such that the Wyloo Offer is no longer considered by the Noront Board of Directors to be superior to the amended BHP offer.

If BHP does not exercise its right to match within the period provided for in the Support Agreement and Noront terminates the Support Agreement, or the Support Agreement is otherwise terminated in accordance with its terms for any reason, then the Arrangement Agreement will be immediately entered into by the Company and Wyloo Metals.

If the Arrangement Agreement is going to be entered into, Wyloo Metals has also agreed to provide a loan to Noront of up to C$29.38 million (the "Wyloo Loan") to finance, among other things, the termination payment of C$17.78 million payable to BHP upon the termination of the Support Agreement, as well as other transaction related costs. The term of the Wyloo Loan will be 12 months from completion of the Wyloo Metals transaction, with interest of 5% per annum payable quarterly in either cash or common shares of Noront, at the option of Noront and subject to receiving shareholder approval for the payment of interest in common shares of Noront, and subject to the approval of the TSX Venture Exchange.

It is expected that, if the Support Agreement is terminated, certain Noront shareholders, including Noront directors and senior management, will enter into lock-up agreements under which they will agree to vote in support of the Wyloo Offer. Wyloo Metals currently holds approximately 37.2% of the outstanding Common Shares (on a basic basis).

The terms of the Arrangement Agreement, if executed, will provide that Wyloo Metals will be entitled to a termination payment of C$26 million (equal to approximately 4% of the total equity value of the transaction based on 100% of Noront's fully diluted shares outstanding) if the Arrangement Agreement is terminated in certain circumstances. This termination payment will not be payable if BHP elects to match the Wyloo Offer and Noront and Wyloo Metals therefore do not enter into the Arrangement Agreement.

There is no action for Noront shareholders to take today. If Noront enters into an Arrangement Agreement with Wyloo Metals, additional information will be provided to Noront shareholders in advance of a Special Meeting of Shareholders to vote on the plan of arrangement. The applicable materials will also be available on SEDAR (www.sedar.com) under Noront's issuer profile and on Noront's corporate website (www.norontresources.com).

The entering into of the Wyloo Loan between Wyloo Metals and Noront, is considered to be a "related party transaction" for purposes of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101") as Wyloo Metals has beneficial ownership of, and control or direction over, directly or indirectly, securities of the Company carrying more than 20% of the voting rights attached to all of Noront's outstanding voting securities. The Company did not file the material change report more than 21 days before the expected completion of the Wyloo Loan as the details of the Wyloo Loan were not settled until shortly prior to the announcement of the Wyloo Loan. The Company is relying on exemptions from the formal valuation and minority shareholder approval requirements available under MI 61-101. The Company is exempt from the formal valuation requirement in section 5.4 of MI 61-101 in reliance on section 5.5(b) of MI 61-101 as the Company is not listed on a specified market under MI 61-101. Additionally, the Company is exempt from minority shareholder approval requirement in section 5.6 of MI 61-101 in reliance on section 5.7(f) of MI 61-101.

Advisors

TD Securities Inc. is acting as financial advisor, Bennett Jones LLP is acting as legal counsel and Longview Communications & Public Affairs is acting as communications advisor to Noront.

About Noront Resources Noront Resources Ltd. is focused on the development of its high-grade Eagle's Nest nickel, copper, platinum and palladium deposit and the world class chromite deposits including Blackbird, Black Thor, and Big Daddy, all of which are located in the James Bay Lowlands of Ontario in an emerging metals camp known as the Ring of Fire. www.norontresources.com

Contact Information

Media Relations	Investor Relations
Ian Hamilton	Greg Rieveley
Tel: +1 (905) 399-6591	Tel: +1 (416) 367-1444
ihamilton@longviewcomms.ca	greg.rieveley@norontresources.com

Janice Mandel
Tel: +1 (647) 300-3853
janice.mandel@stringcom.com

FORWARD LOOKING STATEMENTS

Certain statements contained in this news release contain "forward-looking information" within the meaning of applicable securities laws. Forward-looking information and statements are not based on historical facts, but rather on current expectations and projections about future events, and are therefore subject to risks and uncertainties that could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. Forward-looking statements include, but are not limited to, statements regarding: the Wyloo Offer; the BHP Offer; and the BHP right to match.

Although Noront believes that the expectations reflected in such forward-looking information and statements are reasonable, such information and statements involve risks and uncertainties, and undue reliance should not be placed on such information and statements. Material factors or assumptions that were applied in formulating the forward-looking information contained herein include, without limitation, the expectations and beliefs of the Special Committee of Noront as of the date hereof. Noront cautions that the foregoing list of material factors and assumptions is not exhaustive. Many of these assumptions are based on factors and events that are not within the control of Noront, , and there is no assurance that they will prove correct. Consequently, there can be no assurance that the actual results or developments anticipated by Noront will be realized or, even if substantially realized, that they will have the expected consequences for, or effects on, Noront or its future results and performance.

Forward-looking information and statements in this news release are based on Noront's beliefs and opinions at the time the statements are made, and there should be no expectation that these forward-looking statements will be updated or supplemented as a result of new information, estimates or opinions, future events or results or otherwise, and Noront disavows and disclaims any obligation to do so except as required by applicable law. Nothing contained herein shall be deemed to be a forecast, projection or estimate of the future financial performance of Noront.

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.

TORONTO, Dec. 14, 2021 (GLOBE NEWSWIRE) — Noront Resources Ltd. ("Noront" or the "Company") (TSXV: NOT) announces that it has received a non-binding letter dated December 12, 2021, and related draft arrangement agreement and other ancillary transaction documents (collectively, the "Transaction Documents"), from Wyloo Metals Pty Ltd and Wyloo Canada Holdings Pty Ltd (together, "Wyloo Metals") in respect of the Updated Wyloo Proposal (as defined below).

The Transaction Documents outline, among other things, the terms and conditions upon which Wyloo Metals would be prepared to acquire all of the common shares of Noront not already owned by Wyloo Metals for cash consideration of C1.10 per common share of the Company (the "Updated Wyloo Proposal"). The Updated Wyloo Proposal is subject to, among other things, negotiating and executing definitive Transaction Documents with Wyloo Metals.

Noront and its advisors are reviewing the Transaction Documents, and the Noront Board and the Special Committee remain focused on fulfilling their fiduciary duties and surfacing maximum value for the shareholders of Noront. The Company intends to negotiate the Transaction Documents with Wyloo Metals directly and constructively, and will provide any further updates to the shareholders of Noront at the appropriate time.

Advisors

TD Securities Inc. is acting as financial advisor, Bennett Jones LLP is acting as legal counsel and Longview Communications & Public Affairs is acting as communications advisor to Noront.

Contact Information

Media Relations Ian Hamilton Tel: +1 (905) 399-6591 ihamilton@longviewcomms.ca	Investor RelationsGreg RieveleyTel: +1 (416) 367-1444greg.rieveley@norontresources.com

Janice Mandel Tel: +1 (647) 300-3853janice.mandel@stringcom.com

FORWARD LOOKING STATEMENTS

Certain statements contained in this news release contain "forward-looking information" within the meaning of applicable securities laws and are prospective in nature. Forward-looking information and statements are not based on historical facts, but rather on current expectations and projections about future events, and are therefore subject to risks and uncertainties that could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. Forward-looking statements include, but are not limited to, statements regarding: the Wyloo Proposal; and the timing and ability (if at all) of Noront and Wyloo Metals to consummate the Wyloo Proposal.

Although Noront believes that the expectations reflected in such forward-looking information and statements are reasonable, such information and statements involve risks and uncertainties, and undue reliance should not be placed on such information and statements. Material factors or assumptions that were applied in formulating the forward-looking information contained herein include, without limitation, the expectations and beliefs in respect of the Wyloo Proposal; the intentions of Wyloo Metals in respect of their holdings in the Company and a potential acquisition transaction involving Noront; the receipt of all required corporate, stock exchange and regulatory approvals to consummate a transaction; the ability of the Company to satisfy or waiver (or obtain a waiver) of all other conditions to completion of the transaction; and the ability to achieve its stated goals. Noront cautions that the foregoing list of material factors and assumptions is not exhaustive. Many of these assumptions are based on factors and events that are not within the control of Noront, and there is no assurance that they will prove correct. Consequently, there can be no assurance that the actual results or developments anticipated by Noront will be realized or, even if substantially realized, that they will have the expected consequences for, or effects on, Noront or its future results and performance.

PERTH, Australia, Dec. 12, 2021 (GLOBE NEWSWIRE) — Wyloo Metals Pty Ltd (“Wyloo Metals”) has today provided the board of Noront Resources Ltd. (TSXV: NOT) (“Noront”) with a letter outlining a further improved offer to acquire up to 100% of the shares in Noront that it does not already own for Cdn$1.10 per share (the “Revised Wyloo Offer”). This is 47% above the Cdn$0.75 per share offered under the take-over bid for Noront proposed by BHP Western Mining Resources International Pty Ltd (“BHP”).

The Revised Wyloo Offer is the only proposal to Noront shareholders that provides the following distinguishing features:

True optionality for Noront shareholders: Shareholders will be provided with an attractive option of (i) accepting cash consideration of Cdn$1.10 per share for some or all of their shares, and (ii) continuing to participate in Noront’s unrealized potential by remaining as a shareholder.

A superior offer price: The Revised Wyloo Offer represents a significantly superior price to that offered by BHP.
Greater deal certainty: Wyloo Metals does not intend to support any alternate offers for Noront. Without the support of Wyloo Metals’ 37.2% direct interest in Noront, a competing plan of arrangement cannot be successful, and a competing take-over bid will be unlikely to meet any minimum tender condition.
A world-class Board of Directors: Noront will be revitalized under the leadership of a new Board of Directors, led by Dr. Andrew Forrest AO.

The transaction will be effected via a statutory Plan of Arrangement under the Business Corporation Act (Ontario).

Importantly, the Revised Wyloo Offer continues to provide those shareholders who believe in the long-term potential of Noront with the opportunity to participate in Noront’s continued growth by remaining as shareholders.

Update on discussions with BHP

Following an extensive period of discussion, Wyloo Metals and BHP have been unable to agree terms upon which Wyloo Metals would support a BHP offer for Noront. As outlined above, the Revised Wyloo Offer will deliver a superior outcome for Noront shareholders in terms of optionality, price and deal certainty.

Next steps

Wyloo Metals is confident that, after considering the Revised Wyloo Offer, the Noront Board will agree that:

the terms of the Revised Wyloo Offer are clearly financially superior and also provide greater optionality to Noront’s shareholders than the take-over bid proposed by BHP;
the Revised Wyloo Offer has a greater certainty of success than the take-over bid proposed by BHP; and
the Revised Wyloo Offer would reasonably be expected to constitute a “Superior Proposal” under the terms of the support agreement between Noront and BHP.

Wyloo Metals notes that its ability to formalize the Revised Wyloo Offer is subject to the Noront Board’s timely and good faith negotiation of an Arrangement Agreement in line with its fiduciary duties. Given Wyloo Metals and Noront recently agreed the form of such an Arrangement Agreement, Wyloo Metals believes that the Revised Wyloo Offer can be formalized on an expedited basis.

ADVISORS

Wyloo Metals has engaged Maxit Capital LP to act as its financial advisor and McCarthy Tétrault LLP to act as its legal advisor. Shorecrest Group has also been engaged to act as Wyloo Metals’ strategic communications advisor and proxy solicitation and information agent.

MEDIA CONTACT:		AURORA STRATEGY SPOKESPERSON:

Andrew Bennett		David Ellis
M +61 427 782 503		M 416 704 0937
P +61 8 6460 4949		P 416 704 0937
E abennett@tattarang.com		E davide@aurorastrategy.com

ABOUT WYLOO METALS

Wyloo Metals is the metals and mining subsidiary of Tattarang, one of Australia’s largest private investment groups. Led by a multidisciplinary team of geologists, engineers and financial professionals, Wyloo Metals manages a diverse portfolio of exploration and development projects and cornerstone interests in a number of public and private companies. Wyloo Metals seeks to work closely with all stakeholders to accelerate projects through the development cycle while meeting the highest international environmental, social and governance standards. See more at: www.wyloometals.com.

Wyloo Canada Holdings Pty Ltd (“Wyloo Canada”), a wholly owned subsidiary of Wyloo Metals, currently holds an aggregate of 208,434,427 common shares of Noront, representing approximately 37.2% of the outstanding common shares of Noront. Wyloo Canada also holds warrants (“Noront Warrants”) to acquire 1,774,664 common shares of Noront at an exercise price of Cdn$0.35 per share. If the Noront Warrants are also fully exercised, Wyloo Canada would hold 210,209,091 common shares of Noront, representing approximately 37.4% of the outstanding common shares of Noront on a partially diluted basis.

DISCLAIMER

Some of the statements in this press release may be forward looking statements or statements of future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. Wyloo Metals does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated status of such statements. Therefore, in no case whatsoever will Wyloo Metals and its affiliate companies be liable to anyone for any decision made or action taken in connection with the information and/or statements in this press release or for any related damages.

This press release is issued pursuant to National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, which requires a report to be filed under Noront’s profile on SEDAR (www.sedar.com) containing additional information with respect to the foregoing matters. A copy of such report may be obtained by contacting Wyloo Metals at info@wyloometals.com. The address of Wyloo Metals is PO Box 3155, Broadway Nedlands, WA 6009 Western Australia.

MISSISSAUGA, Ontario, Nov. 25, 2021 (GLOBE NEWSWIRE) — Canada Carbon Inc. (“the Company” or “Canada Carbon” or “CCB”) (TSX-V:CCB), (FF:U7N1), is pleased to announce the appointment of Ellerton J. Castor as Chief Executive Officer (“CEO”) effective December 1, 2021. Also on that date, Mr. Castor will be added to the Board of Directors of Canada Carbon.

Mr. Castor recently served as Chief Executive Officer of Ontario Graphite Limited (“Ontario Graphite”), a graphite mining company based in Toronto, Canada. Prior to assuming the role of CEO, Mr. Castor was CFO for the company. In his various roles at Ontario Graphite, he supervised all finance and administrative functions, led the licensing and permitting process, oversaw the development of the company’s Definitive Feasibility Study, and negotiated all engineering, procurement and construction management agreements.

Mr. Castor has over 30 years of experience in principal investing, investment banking and M&A advisory services to companies in the US, Canada, Europe, Australasia, and Latin America. Prior positions include: Managing Director of SphereInvest Special Situations Fund; Founder and Managing Partner of Panterra Partners, LLC, a restructuring advisory and capital raising firm; Managing Director, Latin America M&A and Merchant Banking – Banc of America Securities (where he advised companies such as CVRD – now Vale, and CSN); Executive Director, Global M&A and Financial Institutions Groups – CIBC Oppenheimer; and Senior Associate Corporate Finance & M&A – Morgan Stanley. Ellerton holds an MBA from Harvard Business School and a BA in Economics and History, Summa Cum Laude, from Franklin Pierce University.

The Board is extremely pleased to welcome Ellerton to the Company. His extensive natural graphite industry experience, proven leadership, and broad financial background will add great value as the Company continues development of its exceptional graphite properties with an enhanced focus on expediting a path to revenue generation. The Board would also like to thank Olga Nikitovic, who for the past year has served as both CEO and CFO, for her leadership and accomplishments guiding the Company.

Story continues

Mr. Castor replaces Olga Nikitovic who announced in October 2021 her intentions to resign from the Company by no later than December 15, 2021. Mr. Castor and Ms. Nikitovic will work together over the coming weeks to ensure a smooth transition.

Respectfully,

The Board of Directors

Canada Carbon Inc.

For further information:

Olga NikitovicCEOCanada Carbon Inc.info@canadacarbon.com		Valerie PomerleauDirector Public Affairs and CommunicationsCanada Carbon Inc.valerie@ryanap.com(819) 856-5678

“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.” FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com).

MELBOURNE, Australia, Nov. 24, 2021 /CNW/ – BHP Lonsdale Investments Pty Ltd ("BHP Lonsdale"), a wholly owned subsidiary of BHP, announced today that it continues to progress discussions with Wyloo Metals Pty Ltd ("Wyloo Metals") regarding its potential support of BHP's C$0.75 per share offer to acquire Noront Resources Ltd. (TSXV: NOT) ("Noront"). To allow more time for those discussions to progress, BHP is extending the expiry of its offer from 7:00 p.m. (Toronto Time) on November 30, 2021 to 7:00 p.m. (Toronto Time) on December 14, 2021. The earliest time BHP will be taking up Noront shares under its offer will be at the new expiry time.

BHP and Wyloo Metals have continued their conversations and are considering a mutually beneficial arrangement regarding the acquisition of Noront by BHP. There is no assurance that any agreement will be reached between BHP and Wyloo Metals.

For Noront shareholdersA notice of variation (the "Notice of Variation") in respect of the change to the expiry will be mailed shortly to Noront shareholders and will be available under Noront's profile on SEDAR at www.sedar.com and on Noront's website at www.norontresources.com.

About BHPBHP is a world-leading global resources company. We extract and process minerals, oil and gas, with 80,000 employees and contractors, primarily in Australia and the Americas. Our products are sold worldwide, with sales and marketing led through Singapore and Houston, United States. Our global headquarters are in Melbourne, Australia. Our Potash head office is in Saskatoon and our head office for metals exploration is in Toronto.Our corporate purpose is to bring people and resources together to build a better world. Our strategy is to create value by growing our exposure to a portfolio of world-class, expandable assets in future-facing commodities. We create value for our stakeholders and the communities where we operate by focusing on safety, sustainability, innovation and exceptional performance.

Story continues

BHP has a strong track record in CanadaBHP has a strong track record of mining development and investment in Canada over several decades. We have invested in diamonds, potash, exploration, Carbon Capture and Storage (CCS) research, and in environmental preservation through the BHP Foundation in Canada's boreal forest. We have built strong relationships with communities and stakeholders throughout our history in Canada. Earlier this year, BHP approved US$5.7 billion in investment for its Jansen project, for what stands to be one of the world's largest, most modern potash mines and a significant economic driver for Saskatchewan.www.bhp.com

The Depositary and Information Agent for the Offer is Kingsdale Advisors. If you have any questions, please contact Kingsdale Advisors, by telephone toll-free in North America at 1-866-581-0512 and at 1-416-867-2272 outside North America or by e-mail at contactus@kingsdaleadvisors.com.

Forward looking statements

Certain statements contained in this press release contain "forward-looking information" within the meaning of applicable securities laws and are prospective in nature. Forward-looking information and statements are not based on historical facts, but rather on current expectations and projections about future events, and are therefore subject to risks and uncertainties that could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements.

Forward-looking statements include, but are not limited to, statements regarding: the Offer, including the anticipated timing, mechanics, funding, completion, settlement, results and effects of the Offer; reasons to accept the Offer; and the value inherent in Noront's portfolio of projects, including the Eagle's Nest project.

Although BHP Western Mining Resources International Pty Ltd (the "Offeror") and BHP Lonsdale believe that the expectations reflected in such forward-looking information and statements are reasonable, such information and statements involve risks and uncertainties, and undue reliance should not be placed on such information and statements. Material factors or assumptions that were applied in formulating the forward-looking information contained herein include, without limitation, the expectations and beliefs of the Offeror and BHP Lonsdale that the Offer will be successful, that all required regulatory consents and approvals will be obtained and all other conditions to completion of the transaction will be satisfied or waived, and the ability to achieve goals. The Offeror and BHP Lonsdale caution that the foregoing list of material factors and assumptions is not exhaustive. Many of these assumptions are based on factors and events that are not within the control of the Offeror or BHP Lonsdale, and there is no assurance that they will prove correct. Consequently, there can be no assurance that the actual results or developments anticipated by the Offeror and BHP Lonsdale will be realized or, even if substantially realized, that they will have the expected consequences for, or effects on, Noront, the Offeror or BHP Lonsdale, or their respective future results and performance.

Forward-looking information and statements in this press release are based on the Offeror's and BHP Lonsdale's beliefs and opinions at the time the statements are made, and there should be no expectation that these forward-looking statements will be updated or supplemented as a result of new information, estimates or opinions, future events or results or otherwise, and the Offeror and BHP Lonsdale disavow and disclaim any obligation to do so except as required by applicable law. Nothing contained herein shall be deemed to be a forecast, projection or estimate of the future financial performance of the Offeror or any of its affiliates or Noront.

SOURCE BHP Group

Cision

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/November2021/24/c2619.html

TORONTO, Nov. 19, 2021 (GLOBE NEWSWIRE) — At the request of the TSX Venture Exchange, Noront Resources Ltd. (TSXV: NOT) (“Noront” or the “Company“) today reminded shareholders that BHP Lonsdale Investments Pty Ltd ("BHP Lonsdale"), a wholly owned subsidiary of BHP, has extended the expiry of its offer from 7:00 p.m. (Toronto Time) on November 16, 2021 to 7:00 p.m. (Toronto Time) on November 30, 2021.

BHP announced the tender expiry extension on November 10, 2021. BHP’s announcement can be read in full at: https://www.newswire.ca/news-releases/bhp-extends-tender-expiry-while-progressing-discussions-with-wyloo-metals-833798545.html

About Noront ResourcesNoront Resources Ltd. is focused on the development of its high-grade Eagle’s Nest nickel, copper, platinum and palladium deposit and the world class chromite deposits including Blackbird, Black Thor, and Big Daddy, all of which are located in the James Bay Lowlands of Ontario in an emerging metals camp known as the Ring of Fire. www.norontresources.com

Contact Information

Media Relations			Investor Relations

Ian Hamilton			Greg Rieveley
Tel: +1 (905) 399-6591			Tel: +1 (416) 367-1444
ihamilton@longviewcomms.ca			greg.rieveley@norontresources.com

Janice Mandel
Tel: +1 (647) 300-3853
janice.mandel@stringcom.com

Vancouver, British Columbia–(Newsfile Corp. – November 9, 2021) – Sego Resources Inc. (TSXV: SGZ) ("Sego" or "the Company") has increased the proposed flow-through financing for proceeds from $405,000 by way of a non-brokered private placement of up to 4,500,000 flow-through shares at $0.09 per share (See News Release October 26, 2021) to $465,080 by way of a non-brokered private placement of up to 5,167,555 flow-through shares at $0.09 per share. Subject to regulatory approval.

The proceeds will be expended on diamond drilling of the Company's Southern Gold Zone at the Miner Mountain Copper-Gold Alkalic Porphyry project, near Princeton, BC, subject to regulatory approval.

Finder's fees may be payable on all or a portion of the offering, and will consist of a cash fee of 7% and a 7% Broker's Warrant where applicable, entitling the broker to purchase for one common share for each warrant held for two years from the closing date of the offering at $0.09 per share.

This offering will be subject to the completion of formal documentation, receipt of all necessary regulatory approvals, including the TSX Venture Exchange and other customary conditions. All of the shares sold pursuant to the offering will be subject to a four-month plus one day hold period from the date of closing.

Insiders are participating in the offering, as a result, the private placement is a related-party transaction (as defined under Multilateral Instrument 61-101 [Protection of Minority Security Holders in Special Transactions]). The company relied upon Section 5.5(a) (Fair Market Value Not More Than $2.5 million), Section 5.5(c) (Distribution of Securities for Cash), and exemptions from the formal valuation and minority shareholder approval requirements, respectively, under MI 61-101.

There is no material change about the issuer that has not been generally disclosed.

For further information please contact:

J. Paul Stevenson, CEOSego Resources Inc.ceo@segoresources.com

For investor & shareholder information, please contact:

MarketSmart Communications Inc.Ph: +1 +1 877 261-4466Email: info@marketsmart.ca

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. No regulatory authority has approved or disapproved the information contained in this news release.

This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statement of historical facts that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects re forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, statements are not guarantees of future performance and actual results or developments may differ materially from the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/102686

DALLAS, TX / ACCESSWIRE / October 28, 2021 / Eastern Platinum Limited (TSX:ELR): The full report can be accessed by clicking on the following link: http://stonegateinc.com/reports/ELR Initiation.pdf

COMPANY DESCRIPTION

Eastern Platinum Limited, together with its subsidiaries, engages in the mining, exploration, and development of platinum group metal (PGM) and chrome properties in South Africa. The Company's PGM deposits include platinum, palladium, rhodium, iridium, and ruthenium. The Company has four properties that include its principal asset the Crocodile River Mine ("CRM"), the Kennedy's Vale project, the Mareesburg project, and the Spitzkop project. Currently, the Crocodile River Mine is generating revenue via its chrome and PGM productions by processing the CRM tailings resources. All projects are in South Africa, with the Company headquartered in Vancouver, BC Canada.

SUMMARY

Recent transition from care & maintenance to revenue generation – The Company started to generate revenue from its Retreatment Project in December 2018. This comes after the Company's operations were placed in care and maintenance: CRM in 2013 and Mareesburg, Kennedy's Vale, and Spitzkop in 2012. The Retreatment Project is at the Crocodile River Mine and includes a combined hydro and mechanical re-mining method of prior tailings to produce chrome concentrates. During 2019, the Company ramped up its production and produced 588,006 tons of chrome concentrate followed by 987,003 in F20 and 427,389 for the YTD Q2 2021 period. The Retreatment Project is expected to continue until 2024.
PGM revenue stream online in early F21 – During 2020, the Company completed the refurbishment of a small-scale PGM circuit, referred to as "PGM Circuit D." Operations began in Q4 2020 by processing parts of feed from chrome tails. Following further optimization in Q1 2021, Circuit D produces approximately 200 tons of PGMs per month from April onwards. PGM Main Circuit B is expected to commission in October 2021. The Company estimates Circuit B can add around 600 tons of PGM concentrate per month to production for a total of 800 tons of PGM concentrate per month by Q1 2022.
Potential restart of underground mining – While the Crocodile River underground mine has remained in care and maintenance since 2013, the Company is looking to re-open the mine. Long-term planning and mine design studies are underway and are expected to be completed in Q4 2021. Results are expected to help the Company determine the timing of the mine re-opening. Importantly, the mine is fully permitted and has a mine life of 27 years.
Additional opportunities in the pipeline – The Company believes the Mareesburg deposit could support a mine that could be placed into production relatively quickly and with a relatively low capital cost. Lastly, the Company has Kennedy's Vale and the Spitzkop project, which are early stage, exploration opportunities.
Liquidity to help fund expansion plans – Eastern Platinum raised CDN$11.8M in January 2021 via a rights offering. Importantly, the funding helped support current and future capital projects that include the optimization of the PGM Circuit, mine design and long-term mining plan for underground mining at the Crocodile River Mine, along with other development opportunities. Additionally, the Company is expecting its Maroelabult property sales to close in Q4 2021 and raise ~ US$1.4M.
Valuation – On an enterprise value to resources basis, Eastern Platinum trades at a significant discount to other platinum mining and exploration companies. With current revenue generation from its retreatment project expected to continue to ~2024, an expected ramp-up in PGM revenue in 2021, along with the potential to restart the Crocodile River underground mine in the near future, we would expect some of the discount to diminish.

About Stonegate Capital Partners

Stonegate Capital Partners is a Dallas-based corporate advisory firm dedicated to serving the specialized needs of small-cap public companies. Since our inception, our mission has been to find innovative, undervalued public companies for our network of leading institutional investors who seek high-quality investment opportunities.

CONTACT:

Stonegate Capital Partnersinfo@stonegateinc.com(214) 987-4121

SOURCE: Stonegate Capital Partners

View source version on accesswire.com: https://www.accesswire.com/670074/Stonegate-Capital-Partners-Initiates-Coverage-on-Eastern-Platinum-Limited-TSXELR

Gold has long been regarded as a safe haven in times of market turmoil. Many investors have gained exposure to the precious metal by buying stocks of companies engaged in exploration and mining. Some of the major players in the gold industry include Canada-based Franco-Nevada Corp.

Vancouver, British Columbia–(Newsfile Corp. – October 25, 2021) – The board of International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC"), is pleased to announce the further expansion of its Raleigh Lake lithium and rubidium project in Ontario, Canada where it now has claims totalling 27,000 hectares (270 square kilometres), an increase of 10,000 hectares from the previously announced 17,000 hectares and from 3,000 hectares when ILC's drilling began in April 2021. At the same time the Company and its partner Essential Metals Limited (ASX:ESS, "ESS") have announced their divestment of 100% of the Mavis Lake Project in Ontario through the granting of an option to Critical Resources Limited (ASX:CRR).

Further detailed announcements will be made in respect of Raleigh Lake and the neighbouring new claims, but we can disclose now that multiple new pegmatites were discovered in October 2021 including on some of the new claims. We will make further announcements when laboratory analysis has been carried out. The board remains excited about the potential of this project.

The Mavis Lake sale will, if the option is exercised, realise AUD$ 3.2m in cash & shares (approx. CAD$ 2.952m at an exchange rate of CAD$=AUD$ 1.0840) with a possible further AUD$ 3.0m (CAD$ 2.768m) of cash linked to resource discovery milestones. ILC will, on option exercise, receive exactly 50% of these proceeds, i.e. approximately CAD$ 1.476m with a possible further CAD $1.384m linked to resource discovery milestones.

Key transaction details of the sale of Mavis Lake (including Fairservice) are as follows:

a) Critical Resources will pay AUD$ 175,000 to purchase the option to acquire the Project with the option exercisable by 4 January 2022 upon completion of due diligence and the fulfilment of certain conditions precedent. Upon exercising the option, Critical Resources will pay/issue the following:

AUD$1,500,000 cash; and
68 million shares in Critical Resources at a price of AUD$ 0.022 per share (with a deemed value of AUD$ 1.5 million).

b) ESS and ILC will share the proceeds equally. ESS will, if the option is exercised, give up its rights to acquire a further 29% of the project, while ILC will also give up its 1.5% NSR.

c) In addition, milestone payments totalling AUD$3.0 million will be payable on the definition of a lithium resource as follows

AUD$1.5m on definition of a mineral resource estimate exceeding 5m tonnes of which at least 50,000 tonnes of Li₂O using a cut-off grade of 0.4%.
A further AUD$ 1.5m on definition of a resource exceeding 10m tonnes of which at least 100,000 tonnes of Li₂O using a cut-off grade of 0.4% or, in case both milestones are defined at the same time, AUD$3.0m in total.

ESS and ILC will share the proceeds equally.

d) If CRR were to complete its purchase but then sell or joint venture the Mavis Lake claims in future, then any further milestone payment obligations would pass to any future owner of the claims.

e) ILC and ESS will have a right of first refusal to buy the claims back if CRR had not achieved and made additional payment for the first additional payment milestone.

Mavis Lake is a joint venture with Essential Metals Limited (ASX:ESS, "ESS")) in which ILC has for the last three years owned 49% and ESS 51%, with ILC having an additional 1.5% Net Smelter Royalty. The Mavis Lake claims and mining leases are around 2,600 hectares. By spending CAD$ 8.5m, ESS would have acquired the right to increase its stake in Mavis Lake to 80%. It seemed unlikely that ESS were going to prioritise this spending in the near future, preferring to focus on their Australian projects, and therefore the two parties looked at other strategic options, including ILC buying ESS out as it had the right to do. Critical Resources Ltd. (ASX:CRR) emerged as the preferred buyer.

John Wisbey, Chairman and CEO of International Lithium Corp. commented:

We have a strong commitment to growing our position in the lithium and rare metals market, so it is ironic that we are announcing our second disposal in a week – Mavis Lake optioned out, and our stake in Mariana sold. We are however at the same time increasing our claims in Ontario appreciably at Raleigh Lake and the wider Ignace area where we have now increased the size of our claims to 27,000 hectares. Many new pegmatites have recently been revealed at these claims and we will be doing a lot of further exploration and drilling to validate the scale of our discovery there over the next few months. Focus is important, and we decided that it was better for ILC to concentrate its efforts in Ontario on our key and wholly owned project there Raleigh Lake rather than also paying to regain 100% of Mavis Lake.

About International Lithium Corp.

International Lithium Corp. believes that the '20s will be the decade of battery metals, at a time that the world faces a significant turning point in the energy market's dependence on oil and gas and in the governmental and public view of climate change. Our key mission in this decade is to make money for our shareholders from lithium and rare metals while at the same time helping to create a greener, cleaner planet. This includes optimizing the value of our existing projects in Canada and Ireland as well as finding, exploring and developing projects that have the potential to become world class lithium and rare metal deposits. In addition, we have seen the clear and growing wish by the USA and Canada to safeguard their supplies of critical battery metals, and our Canadian Raleigh Lake property is strategic in that respect.

A key goal has been to become a well funded company to turn our aspirations into reality, and following the disposal of the Mariana project in Argentina in 2021, the Board of the Company believe that ILC is already well placed in that respect. The disposal of Mavis Lake, assuming the option is exercised as planned, will add useful further liquidity.

International Lithium Corp. has a significant portfolio of projects, strong management, and strong partners. Partners include Ganfeng Lithium Co. Ltd., ("Ganfeng Lithium") a leading China-based lithium product manufacturer quoted on the Shenzhen and Hong Kong stock exchanges (A share code: 002460, H share code: 1772) and Essential Metals Limited, quoted on the Australian Stock Exchange (ASX:ESS).

The Company's primary strategic focus is now on the Raleigh Lake lithium and rubidium project in Canada and on identifying additional properties.

The Raleigh Lake project now consists of 27,000 hectares (270 square kilometres) of adjoining mineral claims in Ontario, and is regarded by ILC management as ILC's most significant project in Canada. The exploration results there so far, which are on only about 5% of ILC's current claims, has shown significant quantities of rubidium and caesium in the pegmatite as well as lithium. Raleigh Lake is 100% owned by ILC, is not subject to any encumbrances, and is royalty free.

Complementing the Company's rare metal pegmatite property at Raleigh Lake, are interests in two other rare metal pegmatite properties in Ontario, Canada known as the Mavis Lake and Forgan Lake projects, and the Avalonia project in Ireland, which encompasses an extensive 50-km-long pegmatite belt.

The ownership of the Mavis Lake project is currently 51% Essential Metals Limited (ASX: ESS, "ESS") and 49% ILC. In addition, ILC owns a 1.5% NSR on Mavis Lake. ESS has an option to earn an additional 29% by sole-funding a further CAD $8.5 million expenditures of exploration activities, at which time the ownership will be 80% ESS and 20% ILC. Mavis Lake is now under option until January 2022 to Critical Resources Ltd. (ASX:CRR) to buy 100% at which point ILC's NSR would also be surrendered. If exercised, that option will bring the Company approximately CAD$1.4m of cash and shares in CRR, with upto a further CAD$1.4m if certain resource targets are achieved by CRR. If CRR were to complete its purchase but then sell or joint venture the Mavis Lake claims in future, this further payment obligation would pass to any future owner of the claims. ILC and ESS would have a right of first refusal to buy the claims back if CRR had not achieved and made additional payment for the first additional payment milestone.

The Forgan Lake project will, upon Ultra Resources Inc. meeting its contractual requirements pursuant to its agreement with ILC, become 100% owned by Ultra Resources (TSXV: ULT), and ILC will retain a 1.5% NSR on Forgan Lake.

The ownership of the Avalonia project is currently 55% Ganfeng Lithium and 45% ILC. Ganfeng Lithium has an option to earn an additional 24% by either incurring CAD $ 10 million expenditures on exploration activities by September 2024 or delivering a positive feasibility study on the project, at which time the ownership will be 79% Ganfeng Lithium and 21% ILC. In the event that ILC does not contribute to the project after that, and its share consequently falls below 10% of the project, its share will be substituted by a 1% NSR.

With the increasing demand for high tech rechargeable batteries used in electric vehicles and electrical storage as well as portable electronics, lithium has been designated "the new oil", and is a key part of a "green tech" sustainable economy. By positioning itself with projects with significant resource potential and with solid strategic partners, ILC aims to be one of the lithium and rare metals resource developers of choice for investors and to continue to build value for its shareholders in the '20s, the decade of battery metals.

Patrick McLaughlin, P. Geo., a Qualified Person as defined by NI 43-101, has verified the disclosed technical information and has reviewed and approved the contents of this news release.

On behalf of the Company,

John Wisbey
Chairman and CEO

www.internationallithium.com

For further information concerning this news release please contact +1 604-449-6520

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.

Cautionary Statement Regarding Forward-Looking Information

Except for statements of historical fact, this news release or other releases contain certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information or forward-looking statements in this or other news releases may include: the effect of results of anticipated production rates, the timing and/or anticipated results of drilling on the Raleigh Lake or Avalonia projects, the expectation of resource estimates, preliminary economic assessments, feasibility studies, lithium or rubidium or caesium recoveries, modeling of capital and operating costs, results of studies utilizing various technologies at the company's projects, budgeted expenditures and planned exploration work on the Avalonia Joint Venture, satisfactory completion of the sale of mineral rights at Forgan Lake, increased value of shareholder investments, and assumptions about ethical behaviour by our joint venture partners where we have them. Such forward-looking information is based on a number of assumptions and subject to a variety of risks and uncertainties, including but not limited to those discussed in the sections entitled "Risks" and "Forward-Looking Statements" in the interim and annual Management's Discussion and Analysis which are available at www.sedar.com. While management believes that the assumptions made are reasonable, there can be no assurance that forward-looking statements will prove to be accurate. 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 forward-looking information. Forward-looking information herein, and all subsequent written and oral forward-looking information are based on expectations, estimates and opinions of management on the dates they are made that, while considered reasonable by the Company as of the time of such statements, are subject to significant business, economic, legislative, and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect and are expressly qualified in their entirety by this cautionary statement. Except as required by law, the Company assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/100705

Oct 25 (Reuters) – Mineral Resources Ltd will restart operations at the Wodgina lithium mine it owns with Albemarle Corp next year, the Australian miner said on Monday, on improving demand for the metal used in making electric vehicle (EV) batteries.

Lithium prices have soared to more than three-year highs https://www.reuters.com/business/autos-transportation/surge-electric-vehicle-sales-power-lithium-prices-shortages-loom-2021-09-13, as the green transition is set to see a surge in demand for electric vehicles.

The mine in Western Australia's Pilbara region has a capacity to process 750,000 tonnes per year of spodumene concentrate, a mineral from which lithium is extracted, but has been idle since November 2019 when the lithium market was weak.

The production would restart in the third quarter of 2022 initially, with one of the three 250,000 tonnes per year processing lines, and the other two coming online as demand rises, Mineral Resources said.

Shares of Mineral Resources, which also mines iron ore, surged as much as 7.2% in early trade, their sharpest rise since April this year.

Albemarle owns 60% of the Wodgina mine with Mineral Resources holding the rest.

(Reporting by Riya Sharma in Bengaluru, additional reporting by Nikhil Kurian Nainan; Editing by Rashmi Aich)

VANCOUVER, BC, Oct. 25, 2021 /CNW/ – Rock Tech Lithium Inc. (the "Company" or "Rock Tech") (TSXV: RCK) (OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V).

Rock Tech Lithium Inc. Logo (CNW Group/Rock Tech Lithium Inc.)

Rock Tech Lithium Inc., together with GP Papenburg Entsorgung Ost GmbH and Knauf KG, have founded the Institute for Technologies and Economics of Lithium ("ITEL"). The ITEL is managed as a registered limited liability company by Professors Ulrich Blum and Ralf B. Wehrspohn of Martin Luther University Halle-Wittenberg as managing directors.

The ITEL is located in Halle an der Saale in Saxony-Anhalt. The institute aims to shape the interdisciplinary, CO2-neutral recycling economy for lithium in Germany. The switch to electromobility will make Germany the central location for battery production in Europe and thus also for the production of the crucial precursor lithium hydroxide. The reduction and reuse of the by-products generated during the refinement of lithium is the focus of the institute's work. Another focus is research into new production steps to optimize by-product value creation.

Dirk Harbecke CEO and Chairman of Rock Tech Lithium: "We at Rock Tech Lithium have already piloted a new refining process. Our nitrate process, produces very interesting by-products for the gypsum industry. With this institute we want to think further in this direction and it is part of our plan to become the first closed-loop lithium company in the world. In this context, the institute is a central building block in our sustainability strategy, which is not only about recycling our end product, but also about recycling all the materials that arise on the way to lithium hydroxide and setting up our production process in such a way that by-products of the highest possible reusability are generated in the process."

"In times of dwindling resources, greater sensitivity to the issue of recycling is essential. Here, the aspect of resource economics is gaining in importance, especially the optimal reuse of by-products," said Prof. Dr. Dr. h.c. Ulrich Blum of Martin Luther University Halle-Wittenberg.

"The institute has a unique selling point in the German research landscape: a corresponding facility currently exists neither close to science nor as a cooperative project of industry. From our point of view, the cooperation promises high chances for a technological lead in Germany," concludes Prof. Dr. Ralf B. Wehrspohn from Martin Luther University Halle-Wittenberg.

The institute consists of three departments: In addition to the "Material Economics" department, which is primarily dedicated to byproduct value creation, the "Green Hydrogen" department is working on CO2-neutral production, and the "Recycling and Resources" department is working on optimizing refinery processes.

About Rock Tech Lithium Inc.

Rock Tech Lithium is a cleantech company with operations in Canada and Germany that aims to supply the automotive industry with high quality lithium hydroxide "made in Germany". As early as 2024, the company intends to commission Europe's first lithium converter with a production capacity of 24,000 tonnes per year. This is equivalent to the volume needed to equip around 500,000 electric cars with lithium-ion batteries.

The cleantech company has set itself the goal of creating the world's first closed loop for lithium, thus closing the raw material gap on the road to clean mobility. Rock Tech owns the Georgia Lake lithium project in Ontario, Canada and, as early as 2030, around 50 percent of the raw materials used are expected to come from the recycling of batteries.

Rock Tech Lithium is listed on the TSX Venture and Frankfurt stock exchanges. The company is led by Dirk Harbecke, Chairman & CEO, Stefan Krause, Chief Financial Officer, and Don Stevens, Chief Technology Officer and Esther Bahne as Chief Strategy & Marketing Officer.

Rock Tech Lithium – The super fuel for the battery age

www.rocktechlithium.com

On behalf of the Board of Directors,

Dirk Harbecke
Chairman and Chief Executive Officer

Cautionary Note Concerning Forward-Looking Information

The following cautionary statements are in addition to all other cautionary statements and disclaimers contained elsewhere in, or referenced by, this news release. Certain information set forth in this news release contains "forward-looking information" within the meaning of applicable Canadian securities laws. All statements other than statements of historical facts included in this news release, including those regarding Rock Tech's opinions, beliefs and expectations, business strategy, development and exploration opportunities and projects, mineral resource estimates, drilling and modeling plans, and plans and objectives of management for operations and properties constitute forward-looking information. Generally, forward-looking information can be identified by the use of words or phrases such as "estimate", "project", "anticipate", "expect", "intend", Rock Tech Lithium Inc. 600-777 Hornby Street | Vancouver | British Columbia | Canada | V6Z 1S4 P. +1.778.358.5200 | F. +1.604.670.0033 www.rocktechlithium.com | bbarnett@rocktechlithium.com TSXV: RCK | Frankfurt: RJIB | OTCQX: RCKTF "believe", "hope", "may" and similar expressions, as well as "will", "shall" and all other indications of future tense. All forward-looking information set forth in this news release are expressly qualified in their entirety by the cautionary statements referred to in this section.

Forward-looking information is based on certain estimates, expectations, analysis and opinions that are believed by management of Rock Tech to be reasonable at the time they were made or in certain cases, on third party expert opinions. It should be noted that, in order to achieve its objectives, Rock Tech will be required to raise additional funding and the availability of financing on satisfactory terms is not guaranteed. This forward-looking information was derived utilizing numerous assumptions regarding, among other things, the supply and demand for, deliveries of, and the level and volatility of prices of, intermediate and final lithium products, expected growth, performance and business operation, prospects and opportunities, general business and economic conditions, results of development and exploration, Rock Tech's ability to procure supplies and other equipment necessary for its business, including development and exploration activities. The foregoing list is not exhaustive of all assumptions which may have been used in developing the forward-looking information. While Rock Tech considers these assumptions to be reasonable based on information currently available, they may prove to be incorrect.

Forward-looking information should not be read as a guarantee of future performance or results. In addition, forward-looking information involves known and unknown risks and uncertainties and other factors, many of which are beyond Rock Tech's control, that may cause Rock Tech's actual events, results, performance and/or achievements to be materially different from that which is expressed or implied by such forward-looking information. Risks and uncertainties that may cause actual events, results, performance and/or achievements to vary materially include the risk that Rock Tech will not be able to meet its financial obligations as they fall due, changes in commodity prices, Rock Tech's ability to retain and attract skilled staff and to secure feedstock from third party suppliers, unanticipated events and other difficulties related to construction, development and operation of converters and mines, the cost of compliance with current and future environmental and other laws and regulations, title defects, competition from existing and new competitors, changes in currency exchange rates and market prices of Rock Tech's securities, Rock Tech's history of losses, impacts of climate change and other risks and uncertainties discussed under the heading "Financial Instruments and Other Risks" in Rock Tech's most recently filed Management Discussion and Analysis, a copy of which is filed electronically through SEDAR and is available online at www.sedar.com. Such risks and uncertainties do not represent an exhaustive list of all risk factors that could cause actual events, results, performance and/or achievements to vary materially from the forwardlooking information. We cannot assure you that actual events, results, performance and/or achievements will be consistent with the forward-looking information and management's assumptions may prove to be incorrect.

Our forward-looking information reflects Rock Tech management's views as at the date the information is created. Except as may be required by law, Rock Tech undertakes no obligation and expressly disclaims any responsibility, obligation or undertaking to update or to revise any forward-looking information, whether as a result of new information, future events or otherwise, to reflect any change in Rock Tech's expectations or any change in events, conditions or circumstances on which any such information is based. The forward-looking information contained herein is presented for the purposes of assisting readers in understanding Rock Tech's plans, objectives and goals and is not appropriate for any other purposes. Given these uncertainties, readers are cautioned not to rely on the forward-looking information set forth in this news release.

Cision

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SOURCE Rock Tech Lithium Inc.

Cision

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/October2021/25/c2729.html

Calgary, Alberta–(Newsfile Corp. – October 25, 2021) – West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") announces that, at the request by the Investment Industry Regulatory Organization of Canada, the Company wishes to confirm that its management is unaware of any material change in the Company's operations that would account for the recent increase in market activity.

About West High Yield

West High Yield is a publicly traded junior mining exploration and development company focused on the acquisition, exploration, and development of mineral resource properties in Canada with a primary objective to develop its Record Ridge magnesium deposit using green processing techniques to minimize waste and CO₂ emissions.

Contact Information:

West High Yield (W.H.Y.) Resources Ltd.
Frank Marasco, President and Chief Executive Officer
Telephone: (403) 660-3488 Facsimile: (403) 206-7159
Email: frank@whyresources.com

Cautionary Note Regarding Forward-looking Information

This news release may contain assumptions, estimates, and other forward-looking statements regarding future events. Such forward-looking statements involve inherent risks and uncertainties and are subject to factors, many of which are beyond the Company's control that may cause actual results or performance to differ materially from those currently anticipated in such statements.

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 OF THIS RELEASE.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/100755

READING, Pa., Oct. 25, 2021 (GLOBE NEWSWIRE) — EnerSys (NYSE: ENS), the global leader in stored energy solutions for industrial applications, announced its partnership with the U.S. Department of Energy’s Better Plants program.

“EnerSys is proud to be a part of the U.S. Department of Energy Better Plants program,” said EnerSys Senior Vice President of Operations, Patrice Baumann. “Resource efficiency has always been a part of how we do business and is embedded into our EnerSys Operating System. We look forward to enhancing and accelerating our efforts in partnership with the Department of Energy and its Better Plants partners.”

The Better Plants program works with leading manufacturers to boost their resilience and economic potential through energy efficiency improvements. Through Better Plants, manufacturers commit to setting ambitious energy saving goals, develop energy management plans, and track and report annual progress against those goals. To date, over 250 industrial organizations have joined Better Plants and pledged to reduce energy intensity across their facilities.

As of 2021, organizations participating in Better Plants have collectively saved more than 1.9 quadrillion British thermal units (TBtu) and $9.3 billion in cumulative energy costs.

“The commitment by EnerSys to improving its energy productivity by 25% over 10 years establishes the company as a leader in efficiency and helps strengthen the nation’s manufacturing competitiveness,” said Becca Jones-Albertus, U.S. Department of Energy Acting Director, Advanced Manufacturing Office.

To learn more about the Better Plants program, visit: https://betterbuildingssolutioncenter.energy.gov/better-plants

To learn more about EnerSys, visit: www.enersys.com

Caution Concerning Forward-Looking Statements

EnerSys is making this statement in order to satisfy the “Safe Harbor” provision contained in the Private Securities Litigation Reform Act of 1995. Any of the statements contained in this press release that are not statements of historical fact may include forward-looking statements that involve a number of risks and uncertainties. A forward-looking statement predicts, projects, or uses future events as expectations or possibilities. Forward-looking statements may be based on expectations concerning future events and are subject to risks and uncertainties relating to operations and the economic environment, all of which are difficult to predict and many of which are beyond our control. For a discussion of such risks and uncertainties that could cause actual results to differ materially from those matters expressed in or implied by forward-looking statements, please see our risk factors as disclosed in the “Risk Factors” section of our annual report on Form 10-K for fiscal year ended March 31, 2021. The statements in this press release are made as of the date of this press release, even if subsequently made available by EnerSys on its website or otherwise. EnerSys does not undertake any obligation to update or revise these statements to reflect events or circumstances occurring after the date of this press release.

About EnerSys

EnerSys, the global leader in stored energy solutions for industrial applications, manufactures and distributes energy systems solutions and motive power batteries, specialty batteries, battery chargers, power equipment, battery accessories and outdoor equipment enclosure solutions to customers worldwide. Energy Systems, which combine enclosures, power conversion, power distribution and energy storage, are used in the telecommunication, broadband and utility industries, uninterruptible power supplies, and numerous applications requiring stored energy solutions. Motive power batteries and chargers are utilized in electric forklift trucks and other industrial electric powered vehicles. Specialty batteries are used in aerospace and defense applications, large over-the-road trucks, premium automotive, medical and security systems applications. EnerSys also provides aftermarket and customer support services to its customers in over 100 countries through its sales and manufacturing locations around the world. With the NorthStar acquisition, EnerSys has solidified its position as the market leader for premium Thin Plate Pure Lead batteries which are sold across all three lines of business. More information regarding EnerSys can be found at www.enersys.com.

For more information, contact Michael J. Schmidtlein, Chief Financial Officer, EnerSys, P.O. Box 14145, Reading, PA 19612-4145, USA. Tel: 610-236-4040 or by emailing investorrelations@enersys.com.

Vancouver, British Columbia–(Newsfile Corp. – October 25, 2021) – Couloir Capital Ltd. is Pleased to Announce the Updating of Research Coverage and Target Price on Cypress Development Corp. (TSXV: CYP) (OTCQB: CYDVF) (FSE: C1Z1). The update report is titled, "Starting Up Pilot Plant Testing Operations and Entering into Water Rights Purchase Agreement."

Report excerpt: "CYP has been focused on advancing its development initiatives at Clayton Valley, with key events including the completion of its pilot plant and the purchase of local water rights. The company appears to be deploying capital from its ample cash reserves in a way that advances its project significantly, with the key short-term goal being successful completion of a FS on Clayton Valley. We expect that such an event will unlock substantial capital appreciation for shareholders, given the increased degree of certainty around project valuation. Apart from company-specific catalysts, we believe CYP is also well placed to benefit from macro-level tailwinds, including the recent build up in lithium developer M&A as well as greatly increased lithium hydroxide market pricing."

The report can be accessed through Couloir Capital's portal:
https://www.couloircapital.com/research-portal

About Cypress Development Corp.

Cypress Development is focused on developing the Company's 100%-owned Clayton Valley Lithium Project in Nevada, USA. Exploration and development by Cypress has discovered a world-class resource of lithium-bearing claystone adjacent to the Albemarle Silver Peak mine, North America's only lithium brine operation. The size of the resource makes the Clayton Valley Project a premier source that has the potential to impact the supply of lithium for the fast-growing global energy storage battery market.

About Couloir Capital Ltd.

Couloir Capital Ltd. is an investment research firm comprised of a team of veteran investment professionals dedicated to providing world-class opportunities in the natural resource exploration and development sectors along with real and alternative asset classes and strategies. Couloir Capital Ltd. is affiliated with a registered securities dealer, Couloir Capital Securities Ltd., and an investment entity, the West Cirque Fund Limited Partnership.

For further information, please contact:

Rob Stitt, Managing Director, Couloir Capital Ltd.

Email: rstitt@couloircapital.com

www.couloircapital.com

Analyst Disclosure: The analyst and/or affiliated companies do not hold shares in CYP.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/100803

Lithium miner Albemarle is the IBD Stock Of The Day as lithium prices climb on electric vehicle demand. ALB stock is near buy range Monday.

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it completely lacks a track record of revenue and profit. Unfortunately, high risk investments often have little probability of ever paying off, and many investors pay a price to learn their lesson.

If, on the other hand, you like companies that have revenue, and even earn profits, then you may well be interested in FMC (NYSE:FMC). Even if the shares are fully valued today, most capitalists would recognize its profits as the demonstration of steady value generation. Loss-making companies are always racing against time to reach financial sustainability, but time is often a friend of the profitable company, especially if it is growing.

See our latest analysis for FMC

FMC's Improving Profits

In the last three years FMC's earnings per share took off like a rocket; fast, and from a low base. So the actual rate of growth doesn't tell us much. As a result, I'll zoom in on growth over the last year, instead. FMC has grown its trailing twelve month EPS from US$4.23 to US$4.49, in the last year. That's a modest gain of 6.1%.

One way to double-check a company's growth is to look at how its revenue, and earnings before interest and tax (EBIT) margins are changing. FMC reported flat revenue and EBIT margins over the last year. That's not a major concern but nor does it point to the long term growth we like to see.

The chart below shows how the company's bottom and top lines have progressed over time. Click on the chart to see the exact numbers.

Of course the knack is to find stocks that have their best days in the future, not in the past. You could base your opinion on past performance, of course, but you may also want to check this interactive graph of professional analyst EPS forecasts for FMC.

Are FMC Insiders Aligned With All Shareholders?

Since FMC has a market capitalization of US$12b, we wouldn't expect insiders to hold a large percentage of shares. But we are reassured by the fact they have invested in the company. Given insiders own a small fortune of shares, currently valued at US$54m, they have plenty of motivation to push the business to succeed. This should keep them focused on creating long term value for shareholders.

It's good to see that insiders are invested in the company, but are remuneration levels reasonable? A brief analysis of the CEO compensation suggests they are. I discovered that the median total compensation for the CEOs of companies like FMC, with market caps over US$8.0b, is about US$11m.

The FMC CEO received US$5.9m in compensation for the year ending . That seems pretty reasonable, especially given its below the median for similar sized companies. CEO compensation is hardly the most important aspect of a company to consider, but when its reasonable that does give me a little more confidence that leadership are looking out for shareholder interests. It can also be a sign of a culture of integrity, in a broader sense.

Does FMC Deserve A Spot On Your Watchlist?

One important encouraging feature of FMC is that it is growing profits. Earnings growth might be the main game for FMC, but the fun does not stop there. Boasting both modest CEO pay and considerable insider ownership, I'd argue this one is worthy of the watchlist, at least. Still, you should learn about the 1 warning sign we've spotted with FMC .

Of course, you can do well (sometimes) buying stocks that are not growing earnings and do not have insiders buying shares. But as a growth investor I always like to check out companies that do have those features. You can access a free list of them here.

Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction.

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.

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

NEW YORK, Oct. 21, 2021 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating certain officers and directors of Provention Bio, Inc. (NASDAQ: PRVB), Danimer Scientific, Inc. (NYSE: DNMR), AcelRX Pharmaceuticals, Inc. (NASDAQ: ACRX), and Piedmont Lithium Inc. (NASDAQ: PLL) on behalf of long-term stockholders. More information about each potential case can be found at the link provided.

Provention Bio, Inc. (NASDAQ: PRVB)

Bragar Eagel & Squire is investigating certain officers and directors of Provention Bio, Inc. following a class action complaint that was filed against Provention Bio on May 21, 2021.

The complaint alleges that, throughout the Class Period, defendants made false and misleading statements and failed to disclose that: (i) Provention Bio’s teplizumab BLA was deficient in its submitted form and would require additional data to secure FDA approval; (ii) accordingly, Provention Bio’s teplizumab BLA lacked the evidentiary support Provention Bio had led investors to believe it possessed; (iii) Provention Bio had thus overstated the teplizumab BLA’s approval prospects and hence the commercialization timeline for teplizumab; and (iv) as a result, Provention Bio’s public statements were materially false and misleading at all relevant times.

To learn more about our investigation into Provention Bio go to: https://bespc.com/cases/PRVB

Danimer Scientific, Inc. (NYSE: DNMR)

Bragar Eagel & Squire is investigating certain officers and directors of Danimer Scientific, Inc. following a class action complaint that was filed against Danimer Scientific on May 14, 2021.

The complaint alleges that throughout the Class Period defendants made materially false and misleading statements regarding the Company’s business, operations, and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Danimer had deficient internal controls; (ii) as a result, the Company had misrepresented, inter alia, its operations’ size and regulatory compliance; (iii) Defendants had overstated Nodax’s biodegradability, particularly in oceans and landfills; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

To learn more about our investigation into Danimer Scientific go to: https://bespc.com/cases/DNMR

AcelRX Pharmaceuticals, Inc. (NASDAQ: ACRX)

Bragar Eagel & Squire is investigating certain officers and directors of AcelRX Pharmaceuticals, Inc. following a class action complaint that was filed against AcelRX on June 8, 2021.

The complaint alleges that, throughout the Class Period, defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, defendants made false and/or misleading statements and/or failed to disclose that: (i) AcelRx had deficient disclosure controls and procedures with respect to its marketing of DSUVIA; (ii) as a result, AcelRx had been making false or misleading claims and representations about the risks and efficacy of DSUVIA in certain advertisements and displays; (iii) the foregoing conduct subjected the Company to increased regulatory scrutiny and enforcement; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

To learn more about our investigation into AcelRX go to: https://bespc.com/cases/ACRX

Piedmont Lithium Inc. (NASDAQ: PLL)

Bragar Eagel & Squire is investigating certain officers and directors of Piedmont Lithium Inc. following a class action complaint that was filed against Piedmont on July 23, 2021.

The complaint alleges that, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (i) Piedmont has not, and would not, follow its stated steps or timeline to secure all proper and necessary permits; (ii) Piedmont failed to inform relevant people and governmental authorities of its actual plans; (iii) Piedmont failed to file proper applications with relevant governmental authorities (including state and local authorities); (iv) Piedmont and its lithium business does not have “strong governmental support”; and (v) as a result, defendants’ public statements were materially false and/or misleading at all relevant times.

To learn more about our investigation into Piedmont go to: https://bespc.com/cases/PLL

About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact Information:
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Alexandra B. Raymond, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com

There are a lot of cases of right stock, wrong time lately, like with LAC stock. This is why second chances are important.

Calgary, Alberta–(Newsfile Corp. – October 22, 2021) – West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) ("West High Yield" or the "Company") announces that its board of directors has approved and authorized the grant of 350,000 stock options (the "Options") to a consultant of the Company effective October 21, 2021. The Options are granted in accordance with the terms of the stock option plan of the Company. All of the Options vest on their date of grant and every one (1) Option entitles the holder thereof to purchase one (1) common share of the Company at a price of CAD$0.34 per common share for a period of five (5) years from the Option grant date.

About West High Yield

Contact Information:

West High Yield (W.H.Y.) Resources Ltd.
Frank Marasco, President and Chief Executive Officer
Telephone: (403) 660-3488 Facsimile: (403) 206-7159
Email: frank@whyresources.com

Cautionary Note Regarding Forward-looking Information

This press release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct.

Forward-looking information is based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: general economic conditions in Canada and globally; industry conditions, including governmental regulation; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; and other factors. Readers are cautioned that this list of risk factors should not be construed as exhaustive.

Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward-looking information for anything other than its intended purpose. The Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law.

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/100621

/NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES/

TORONTO, Oct. 22, 2021 /CNW/ – First Cobalt Corp. (TSXV: FCC) (the "Company") is pleased to announce that it has completed the sale of additional Secured Convertible Notes, for an aggregate amount of US$7.5 million, as part of the Company's recently completed offering of 6.95% senior secured convertible notes due December 1, 2026 (the "Notes").

First Cobalt Corp. Logo (CNW Group/First Cobalt Corp.)

Pursuant to subscription agreements entered into between the Company and investors on August 23, 2021, each investor had the right to subscribe for additional Notes pro rata for an aggregate additional principal amount of up to US$7.5 million. The offering of Notes was led by Cantor Fitzgerald & Co., as sole placement agent. Cantor Fitzgerald & Co. received a placement agent fee equal of 4% of the gross proceeds of the additional Notes sold.

With the exercise of the option, First Cobalt is adequately financed for the recommissioning and expansion of its hydrometallurgical refinery in Ontario, and on track to becoming North America's only producer of sustainable battery-grade cobalt sulfate by Q4'2022.

The securities offered 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 applicable U.S. state securities laws, and may not be offered or sold in the United States absent registration or an available exemption from the registration requirement of the U.S. Securities Act and applicable U.S. state securities laws. 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. This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, nor shall there be any sale of securities in any jurisdiction in which such offer or sale would be unlawful.

About First Cobalt

First Cobalt's mission is to be a producer of diversified high-quality and sustainable battery materials for the North American battery supply chain. The Company owns a permitted hydrometallurgical refinery in Ontario, Canada, a critical asset in the development and manufacturing of batteries for electric vehicles. First Cobalt also owns the Iron Creek cobalt-copper project in Idaho, USA as well as several significant cobalt and silver properties in the Canadian Cobalt Camp.

On behalf of First Cobalt Corp.

Trent Mell
President & Chief Executive Officer

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

Cautionary Note Regarding Forward-Looking Statements

This news release may contain forward-looking statements and forward-looking information (together, "forward- looking statements") within the meaning of applicable securities laws and the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, are forward-looking statements. Specifically, statements with respect to the use of proceeds of the exercise of the investor option, the development of the Refinery, and other matters ancillary or incidental to the foregoing are forward looking statements. Generally, forward-looking statements can be identified by the use of terminology such as "plans", "expects', "estimates", "intends", "anticipates", "believes" or variations of such words, or statements that certain actions, events or results "may", "could", "would", "might", "occur" or "be achieved". Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance and opportunities to differ materially from those implied by such forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements are set forth in the management discussion and analysis and other disclosures of risk factors for the Company, filed on SEDAR at www.sedar.com, and are included in the Base Shelf Prospectus and the Prospectus Supplement. Although the Company believes that the information and assumptions used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed times frames or at all. Except where required by applicable law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

SOURCE First Cobalt Corp.

Cision

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/October2021/22/c4376.html

Investors looking for stocks in the Chemical – Diversified sector might want to consider either Huntsman (HUN) or Albemarle (ALB). But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.

The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits.

Huntsman and Albemarle are sporting Zacks Ranks of #2 (Buy) and #3 (Hold), respectively, right now. This means that HUN's earnings estimate revision activity has been more impressive, so investors should feel comfortable with its improving analyst outlook. But this is only part of the picture for value investors.

Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its 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.

HUN currently has a forward P/E ratio of 10.14, while ALB has a forward P/E of 65.59. We also note that HUN has a PEG ratio of 0.18. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. ALB currently has a PEG ratio of 3.04.

Another notable valuation metric for HUN is its P/B ratio of 1.86. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. For comparison, ALB has a P/B of 4.29.

Based on these metrics and many more, HUN holds a Value grade of B, while ALB has a Value grade of D.

HUN has seen stronger estimate revision activity and sports more attractive valuation metrics than ALB, so it seems like value investors will conclude that HUN is the superior option right now.

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Huntsman Corporation (HUN) : Free Stock Analysis Report

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Zacks Investment Research

Chemical companies’ third-quarter results are expected to reflect the upturn in demand across major end-use industries from the coronavirus lows. The chemical industry faced the heat from a significant downturn in demand during the first half of 2020 as lockdowns and travel restrictions amid the pandemic brought global economic activities to a near-standstill.

However, with the reopening of the major economies around the world, demand for chemicals started to pick up from the third quarter last year on a rebound in economic activities worldwide. The recovery continued to gain steam this year on an upswing in global industrial activities.

Chemical companies are seeing a strong rebound in demand in key end-use markets including automotive, construction and electronics. Strong demand in automotive and construction, the two major chemical-consuming markets, is likely to have driven their volumes and top lines in the third quarter.

The automotive industry has witnessed a speedy recovery after the virus-led slump on the back of strong pent-up demand. Despite the semiconductor crunch, chemical makers are enjoying healthy demand from the automotive market.

The construction sector has also recovered on the restart of projects that were stalled earlier partly due to supply chain disruptions. Strength is being witnessed in residential construction globally, supported by lower interest rates and higher demand for new properties due to the rising trend of work from home. Companies in the chemical space are also expected to have benefited, in the third quarter, from higher demand for chemicals and materials across healthcare and packaging markets, thanks to coronavirus.

However, chemical companies’ third-quarter results are expected to reflect the impacts of raw material cost inflation as well as higher supply chain and logistics costs. Supply chain disruptions due to coronavirus and weather-related events have led to a spike in raw material costs. Supply tightness continues for a number of key raw materials, including several resins, natural gas, propylene, butadiene and glass fiber. The lingering impacts of supply chain and logistic bottlenecks, exacerbated by the recent unfavorable weather events globally and the resurgence of coronavirus infections, are expected to be reflected in the September quarter.

Hurricane Ida dealt another blow to the supply chain. Force majeures and plant shutdowns associated with Ida are expected to have further squeezed the supply of raw materials including ethylene and propylene and pushed up their prices, the impacts of which are likely to reflect on chemical companies’ third-quarter results.

Against this backdrop, chemical makers remain focused on self-help measures, including cost-cutting and productivity improvement, expansion into high-growth markets, restructuring, operational efficiency improvement, and actions to strengthen balance sheets and boost cash flows. A number of companies in this space have also been taking price increase actions to counter the cost inflation and tightness in the supply chain. Chemical companies also remain actively focused on acquisitions to diversify and drive growth. The benefits of these actions might reflect on their third-quarter results.

Among the chemical companies that have already come up with their quarterly numbers, we have seen solid earnings beats from prominent names such as Dow Inc. DOW and Celanese Corporation CE on the back of a demand strength in end-markets amid headwinds from supply-chain disruptions.

Expectations for Q3

The chemical industry is housed within the broader Zacks Basic Materials sector. Basic Materials is among the sectors that are expected to deliver positive earnings growth in the third quarter. Overall earnings for the sector are projected to rise 138% on 36.7% higher revenues, per the latest Earnings Trends.

How to Pick Winners?

Given the large number of players operating in the chemical space, picking the right stocks is apparently not an easy task. But our proprietary methodology makes it fairly simple. One can trim down the list with the combination of a favorable Zacks Rank — Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) — and a positive Zacks Earnings ESP. You can uncover the best stocks to buy or sell before they report with our Earnings ESP Filter.

Earnings ESP — the percentage difference between the Most Accurate Estimate and the Zacks Consensus Estimate — is our proprietary methodology for determining stocks that have high chances of delivering earnings surprises in their next announcements. Our research shows that for stocks with this combination, the chance of a positive earnings surprise is as much as 70%.

Our Choices

Below we list four chemical stocks that have the right combination of elements to pull off positive surprises this earnings season:

Westlake Chemical Corporation WLK has an Earnings ESP of +1.22% and a Zacks Rank #1. It is slated to report third-quarter results on Nov 2.

The company surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average being 21.1%. The Zacks Consensus Estimate for third-quarter earnings has been revised 1.6% upward over the last 60 days. The consensus estimate for third-quarter earnings is pegged at $3.91, which suggests a rise of 551.7% from the prior-year quarter. Westlake Chemical is likely to have benefited from higher demand in its polyethylene business in specialty applications, especially food packaging, and strength in global demand for PVC resin. Demand in the downstream building products business is expected to have remained strong in the quarter on new housing starts and spending on repair and remodeling activities.

Westlake Chemical Corporation Price and EPS Surprise

Westlake Chemical Corporation price-eps-surprise | Westlake Chemical Corporation Quote

Tronox Holdings plc TROX has an Earnings ESP of +0.38% and a Zacks Rank #1. It is scheduled to report third-quarter results on Oct 27. You can see the complete list of today’s Zacks #1 Rank stocks here.

The consensus mark for third-quarter earnings has been stable over the last 60 days. The Zacks Consensus Estimate for third-quarter earnings is pegged at 67 cents, which suggests a rise of a whopping 1,240% from the prior-year quarter. The company is likely to have benefited from price improvements in the third quarter, which is expected to have offset the volume weakness in TiO2 due to supplier and logistics constraints. Higher TiO2 and zircon prices are expected to have supported its margins.

Tronox Holdings PLC Price and EPS Surprise

Tronox Holdings PLC price-eps-surprise | Tronox Holdings PLC Quote

The Chemours Company CC has an Earnings ESP of +5.70% and carries a Zacks Rank #2. The company is scheduled to report third-quarter results on Nov 4.

The company surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average being 38.9%. The Zacks Consensus Estimate for third-quarter earnings has been stable over the last 60 days. The consensus estimate for third-quarter earnings is pegged at 97 cents, which suggests a rise of 106.4% from the prior-year quarter. The company is likely to have benefited from higher demand for Opteon, strong execution and cost-cutting measures. It is expected to have witnessed continued strong demand for Opteon in mobile and stationary applications in the third quarter. Productivity and operational improvement actions across its businesses are also likely to have supported margins.

The Chemours Company Price and EPS Surprise

The Chemours Company price-eps-surprise | The Chemours Company Quote

Albemarle Corporation ALB has an Earnings ESP of +8.73% and carries a Zacks Rank #3. The company is scheduled to report third-quarter results on Nov 3.

The company surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average being 22%. The Zacks Consensus Estimate for third-quarter earnings has been revised 2.7% upward over the last 60 days. The consensus estimate for third-quarter earnings is pegged at 75 cents. The company is likely to have benefited from higher lithium volumes on continued recovery in global economic activities, improved performance in its Catalysts unit and its cost-reduction actions in the quarter. Higher lithium prices are also expected to have aided its performance. Healthy customer orders and plant productivity improvements are like to have supported lithium volumes.

Albemarle Corporation Price and EPS Surprise

Albemarle Corporation price-eps-surprise | Albemarle Corporation Quote

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Westlake Chemical Corporation (WLK) : Free Stock Analysis Report

Dow Inc. (DOW) : Free Stock Analysis Report

Albemarle Corporation (ALB) : Free Stock Analysis Report

Celanese Corporation (CE) : Free Stock Analysis Report

Tronox Holdings PLC (TROX) : Free Stock Analysis Report

The Chemours Company (CC) : Free Stock Analysis Report

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Zacks Investment Research

CHARLOTTE, N.C., Oct. 22, 2021 /PRNewswire/ — Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, today announced its intent for strategic investments in China in support of the expansion of its lithium conversion capacity. The company recently signed investment agreements with the Yangtze River International Chemical Industrial Park in the Zhangjiagang Free Trade Zone (Jiangsu province), and the Pengshan Economic Development Park in the Pengshan District (Sichuan province).

Albemarle Corp. Logo. (PRNewsFoto/Albemarle Corporation)

"These agreements are important steps in our continued commitment to invest in new capacity that will support our customers' growth plans," said Eric Norris, President, Lithium. "We are excited to expand our network of high-quality, battery-grade hydroxide production capacity in China."

With these agreements, Albemarle will move forward with its design, engineering and permitting plans to build a conversion plant at each site, each of which has planned production capacity initially targeting 50,000 metric tons lithium hydroxide per annum. Subject to additional studies and approvals, it is expected these plants would start construction during 2022 and complete construction by the end of 2024.

"We are excited to work with our local teams in China to deliver Albemarle's next-generation lithium hydroxide plants," added Jac Fourie, Chief Capital Projects Officer. "These projects represent the next step in our Capital Excellence Program to capture benefits in speed to market, lower capital intensity, lower product cost, and improved sustainability."

About Albemarle
Albemarle Corporation (NYSE: ALB) is a global specialty chemicals company with leading positions in lithium, bromine and catalysts. We think beyond business as usual to power the potential of companies in many of the world's largest and most critical industries, such as energy, electronics, and transportation. We actively pursue a sustainable approach to managing our diverse global footprint of world-class resources. In conjunction with our highly experienced and talented global teams, our deep-seated values, and our collaborative customer relationships, we create value-added and performance-based solutions that enable a safer and more sustainable future.

We regularly post information to www.albemarle.com, including notification of events, news, financial performance, investor presentations and webcasts, non-GAAP reconciliations, SEC filings and other information regarding our company, its businesses, and the markets it serves.

Forward-Looking Statements
Some of the information presented in this press release, including, without limitation, information related to expected capacity expansion, plans and anticipated benefits in relation to the capacity expansion, the targeted construction and completion dates for the capacity expansion and all other information relating to matters that are not historical facts may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from the views expressed herein. Factors that could cause actual results to differ materially from the outlook expressed or implied in any forward-looking statement include, without limitation: changes in economic and business conditions; changes priorities, financial, and operating performance of Albemarle's major customers and industries and markets served by Albemarle; the timing of orders received from customers; the gain or loss of significant customers; competition from other manufacturers; changes in the demand for Albemarle's products or the end-user markets in which its products are sold; the availability of financing; the satisfaction of conditions to completion, including regulatory approvals; the occurrence of regulatory actions, proceedings, claims, or litigation; and the other factors detailed from time to time in the reports Albemarle files with the SEC, including those described under "Risk Factors" in its Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. These forward-looking statements speak only as of the date of this press release. We assume no obligation to provide any revisions to any forward-looking statements should circumstances change, except as otherwise required by securities and other applicable laws.

Cision

View original content to download multimedia:https://www.prnewswire.com/news-releases/albemarle-signs-two-agreements-for-strategic-investments-in-china-to-expand-lithium-conversion-capacity-301406469.html

SOURCE Albemarle Corporation

Mosaic (MOS) closed at $42.17 in the latest trading session, marking a -0.71% move from the prior day. This change lagged the S&P 500's daily gain of 0.3%.

Prior to today's trading, shares of the fertilizer maker had gained 28% over the past month. This has outpaced the Basic Materials sector's gain of 7.79% and the S&P 500's gain of 4.28% in that time.

MOS will be looking to display strength as it nears its next earnings release, which is expected to be November 1, 2021. The company is expected to report EPS of $1.63, up 608.7% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $3.83 billion, up 60.82% from the year-ago period.

For the full year, our Zacks Consensus Estimates are projecting earnings of $5.02 per share and revenue of $12.48 billion, which would represent changes of +490.59% and +43.77%, respectively, from the prior year.

Investors should also note any recent changes to analyst estimates for MOS. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.

Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 3.14% higher within the past month. MOS is currently a Zacks Rank #2 (Buy).

In terms of valuation, MOS is currently trading at a Forward P/E ratio of 8.47. This represents a discount compared to its industry's average Forward P/E of 14.81.

It is also worth noting that MOS currently has a PEG ratio of 1.21. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Fertilizers stocks are, on average, holding a PEG ratio of 1.53 based on yesterday's closing prices.

The Fertilizers industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 3, putting it in the top 2% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

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The Mosaic Company (MOS) : Free Stock Analysis Report

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Zacks Investment Research

Inaugural Mineral Resources reported under new U.S. S-K 1300 Standards

Carolina Lithium Project total Mineral Resources increase to 44.2 Mt @ 1.08% Li₂O
Indicated Mineral Resources increased 101% to 28.2 Mt @ 1.11% Li₂O for the Project
DFS completion for the integrated 30,000 t/y LiOH Carolina Lithium Project expected within Q4 2021

BELMONT, N.C., October 21, 2021–(BUSINESS WIRE)–Piedmont Lithium Inc. (Nasdaq: PLL) ("Piedmont" or "Company") is pleased to announce an updated global Mineral Resource estimate ("MRE") (Table 1 attached) for the Company’s flagship Carolina Lithium Project in North Carolina, USA. The MRE includes updates for lithium and industrial mineral products. The total MRE for the project is 44.2 Mt @ 1.08% Li₂O, with 64% of the total MRE classified in the Indicated category. The Mineral Resource estimate reported in accordance with the U.S. Securities and Exchange Commission S-K 1300 standards and the Australasian JORC Code (2012 Edition).

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211021005185/en/

Piedmont Increases Mineral Resources With Completion of Phase 5 Infill Drilling (Photo: Business Wire)

Keith D. Phillips, President and Chief Executive Officer, commented: "We are very pleased to have concluded our Phase 5 drill campaign and to further expand our world-class resource base. Carolina Lithium has one of the largest spodumene resources in North America, and the only one located in the United States. The increase in ‘Indicated’ resources of over 100% relative to resources previously reported under Australian standards, will underpin the definitive feasibility study for Carolina Lithium that we plan to publish later in 2021. The DFS will be another important step along the path to building America’s leading lithium business to support and enable the rapidly-growing electric vehicle supply chain in the United States."

To view the full release, click here.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211021005185/en/

Contacts

Keith Phillips
President & CEO
T: +1 973 809 0505
E: kphillips@piedmontlithium.com

Brian Risinger
VP – Investor Relations and Corporate Communications
T: +1 704 910 9688
E: brisinger@piedmontlithium.com

VANCOUVER, BC, Oct. 21, 2021 /CNW/ – The following issues have been halted by IIROC:

Company: Dajin Lithium Corp.

TSX-Venture Symbol: DJI

All Issues: Yes

Reason: At the Request of the Company Pending News

Halt Time (ET): 7:45 AM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) – Halts/Resumptions

Cision

View original content: http://www.newswire.ca/en/releases/archive/October2021/21/c8347.html

Noront recommends shareholders accept improved BHP offer

BHP increases its all-cash offer to Noront shareholders to C$0.75 per share, representing a 36% premium to its previous offer, a 7% premium to the Wyloo offer and a 213% premium to Noront’s unaffected price.
Noront supports BHP’s improved offer and recommends shareholders tender now to receive the cash consideration offered.
The BHP offer will be open until 11:59 p.m. (Toronto time) on November 9, 2021. Shareholders have 22 days to decide to accept the full and immediate value offered by BHP.
BHP’s offer does not require Wyloo’s support to be successful.
- BHP’s all-cash offer provides certainty of value and liquidity.

Offer expires 11:59 p.m. (Toronto time) on November 9, 2021; for more information visit NorontTender.ca

TORONTO and MELBOURNE, Victoria, Oct. 19, 2021 (GLOBE NEWSWIRE) — BHP Lonsdale Investments Pty Ltd (“BHP Lonsdale”), a wholly owned subsidiary of BHP, and Noront Resources Ltd. (TSXV: NOT) ("Noront") announced today that BHP has agreed to increase its all-cash offer for Noront shares to C$0.75 per share (the “Offer”).

The Noront Board, considering the superior C$0.75 per share cash purchase price in the amended Offer, has determined that the proposal from Wyloo Metals Pty Ltd. (“Wyloo”), at a price of C$0.70 per share, has ceased to be a "superior proposal", and recommends the Noront shareholders tender their shares to the BHP Offer.

Shareholders have until 11:59 p.m. (Toronto Time) on November 9, 2021 to accept the increased Offer and tender their shares.

Improved Premium & Highest All-Cash Offer Available to Shareholders

BHP’s increased Offer of C$0.75 per Noront share is superior to other offers available to Noront and its shareholders. BHP had the option to match Wyloo and elected to exceed Wyloo’s proposal by C$0.05. BHP’s increased offer delivers compelling value to Noront shareholders:

213% premium over Noront’s unaffected price of C$0.24¹

36% premium over BHP’s previous offer of C$0.55 per share

7% premium over Wyloo’s latest offer of C$0.70 per share

BHP Chief Development Officer, Johan van Jaarsveld, said: “Our increased offer of C$0.75 per share provides a compelling premium for Noront shareholders and is available to shareholders now. Our offer provides shareholders with the value inherent in Noront’s portfolio of projects, including the Eagle’s Nest project, delivering shareholders who accept our offer certainty of value and immediate liquidity.”

¹ On May 21, 2021, the last trading day prior to Wyloo’s first publicly announced intention to make an offer for Noront at C$0.315 per share.

Certainty of Value Today; Protection from Execution & Dilution Risk

The Offer provides 100% cash consideration for Noront shares, providing Noront shareholders with certainty of value now while removing financing, market, regulatory and execution risks to Noront shareholders.

BHP recognizes that delivering Noront’s portfolio of projects in the Ring of Fire is expected to take many years, require significant capital investment, development of remote infrastructure, and management of numerous stakeholders. There is no certainty that shareholders remaining invested in Noront will ever realize the value for their shares offered by BHP in cash today.

Noront and BHP believe that the Offer provides Noront shareholders with the value inherent in Noront’s portfolio of projects without the long-term risks associated with the development and execution of those projects. Noront CEO, Alan Coutts, said: “This transaction provides a premium to Wyloo’s offer, and delivers certainty of value to Noront shareholders via an all-cash offer. Noront’s Board of Directors determined that BHP’s improved offer is in the best interests of the company and its shareholders and recommends Noront shareholders tender their shares to the BHP offer.”

Noront's Board of Directors, with input from its financial and legal advisors and the Special Committee, determined the improved offer is fair, from a financial point of view, to Noront shareholders (other than BHP Lonsdale and its affiliates).

The BHP Offer Does Not Require Wyloo’s Support

Wyloo’s support of the transaction is not required in order for the Offer to be successful. In order for Noront shareholders to receive the C$0.75 all-cash offer price for their shares, at least 50% of shares not owned by BHP must be tendered. Only those who tender their shares will receive the cash consideration of C$0.75 per share. If shareholders other than Wyloo support the Offer and tender their shares, the Offer will succeed.

BHP Chief Development Officer, Johan van Jaarsveld, said: “Now is the time for shareholders to decide if they want to tender to our improved offer and crystallize the compelling and full value it represents.”

To tender your shares, see shareholder information below.

For Noront shareholders
A notice of variation (the “Notice of Variation”) in respect of the Amended Offer will be mailed shortly to Noront shareholders and will be available under Noront’s profile on SEDAR at www.sedar.com and on Noront’s website at www.norontresources.com.

Tendering is quick and easy
Only those who tender their shares will receive the cash consideration of C$0.75 per share. For more information, please visit www.noronttender.ca.

Tender by 11:59 p.m. (Toronto time) on November 9, 2021

How to tender your shares
Shareholder type:	How do I tender my shares to BHP’s offer?
Beneficial Most Noront shareholders are beneficial shareholders. This means your Noront shares are held through a broker, bank, or other financial intermediary, and you do not have a share certificate.	Contact your bank or your broker’s corporate actions department immediately and instruct them to tender your shares to the Offer.
Registered You hold your Noront shares directly and may have a share certificate.	Contact Kingsdale Advisors: Toll-free in North America: 1-866-581-0512 Outside of North America: 416-867-2272 Email: contactus@kingsdaleadvisors.com

About Noront Resources
Noront Resources Ltd. is focused on the development of its high-grade Eagle’s Nest nickel, copper, platinum and palladium deposit and the world class chromite deposits including Blackbird, Black Thor, and Big Daddy, all of which are located in the James Bay Lowlands of Ontario in an emerging metals camp known as the Ring of Fire. www.norontresources.com

About BHP
BHP is a world-leading global resources company. We extract and process minerals, oil and gas, with 80,000 employees and contractors, primarily in Australia and the Americas. Our products are sold worldwide, with sales and marketing led through Singapore and Houston, United States. Our global headquarters are in Melbourne, Australia. Our Potash head office is in Saskatoon and our head office for metals exploration is in Toronto.

Our corporate purpose is to bring people and resources together to build a better world. Our strategy is to create value by growing our exposure to a portfolio of world-class, expandable assets in future-facing commodities. We create value for our stakeholders and the communities where we operate by focusing on safety, sustainability, innovation and exceptional performance.

BHP has a strong track record in Canada
BHP has a strong track record of mining development and investment in Canada over several decades. We have invested in diamonds, potash, exploration, Carbon Capture and Storage (CCS) research, and in environmental preservation through the BHP Foundation in Canada’s boreal forest. We have built strong relationships with communities and stakeholders throughout our history in Canada. Earlier this year, BHP approved US$5.7 billion in investment for its Jansen project, for what stands to be one of the world’s largest, most modern potash mines and a significant economic driver for Saskatchewan.
www.bhp.com

Contact details

BHP

Media Relations

Email: media.relations@bhp.com

Investor Relations

Email: investor.relations@bhp.com

Australia and Asia

Gabrielle Notley
Tel: +61 3 9609 3830 Mobile: +61 411 071 715

Europe, Middle East and Africa

Neil Burrows
Tel: +44 20 7802 7484 Mobile: +44 7786 661 683

Americas

Judy Dane
Tel: +1 713 961 8283 Mobile: +1 713 299 5342

Australia and Asia

Dinesh Bishop
Mobile: + 61 407 033 909

Europe, Middle East and Africa

James Bell
Tel: +44 2078 027 144 Mobile: +44 7961 636 432

Americas

Brian Massey
Tel: +1 713 296 7919 Mobile: +1 832 870 7677

Noront

Media Relations

Investor Relations

Ian Hamilton
Tel: +1 (905) 399 6591
ihamilton@longviewcomms.ca

Janice Mandel
Tel: +1 (647) 300 3853
janice.mandel@stringcom.com

Greg Rieveley
Tel: +1 (416) 367 1444
greg.rieveley@norontresources.com

Forward looking statements

Certain statements contained in this press release contain “forward-looking information” within the meaning of applicable securities laws and are prospective in nature. Forward-looking information and statements are not based on historical facts, but rather on current expectations and projections about future events, and are therefore subject to risks and uncertainties that could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements.

Forward-looking statements include, but are not limited to, statements regarding: the Offer, including the anticipated timing, mechanics, funding, completion, settlement, results and effects of the Offer; reasons to accept the Offer; and the value inherent in Noront’s portfolio of projects, including the Eagle’s Nest project.

Although BHP Western Mining Resources International Pty Ltd (the “Offeror”), BHP Lonsdale and Noront believe that the expectations reflected in such forward-looking information and statements are reasonable, such information and statements involve risks and uncertainties, and undue reliance should not be placed on such information and statements. Material factors or assumptions that were applied in formulating the forward-looking information contained herein include, without limitation, the expectations and beliefs of the Offeror, BHP Lonsdale and Noront that the Offer will be successful, that all required regulatory consents and approvals will be obtained and all other conditions to completion of the transaction will be satisfied or waived, and the ability to achieve goals. The Offeror, BHP Lonsdale and Noront caution that the foregoing list of material factors and assumptions is not exhaustive. Many of these assumptions are based on factors and events that are not within the control of the Offeror, BHP Lonsdale or Noront, and there is no assurance that they will prove correct. Consequently, there can be no assurance that the actual results or developments anticipated by the Offeror, BHP Lonsdale or Noront will be realized or, even if substantially realized, that they will have the expected consequences for, or effects on, Noront, the Offeror or BHP Lonsdale, or their respective future results and performance.

Forward-looking information and statements in this press release are based on the Offeror’s, BHP Lonsdale’s and Noront’s beliefs and opinions at the time the statements are made, and there should be no expectation that these forward-looking statements will be updated or supplemented as a result of new information, estimates or opinions, future events or results or otherwise, and the Offeror, BHP Lonsdale and Noront disavow and disclaim any obligation to do so except as required by applicable law. Nothing contained herein shall be deemed to be a forecast, projection or estimate of the future financial performance of the Offeror or any of its affiliates or Noront.

A founding director, northern aviation pioneer, prospector, and unique personality

LONDON, Ontario, October 20, 2021–(BUSINESS WIRE)–Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) is announcing with deep sorrow that Carl Clouter, one of the Company’s founding directors, passed away on October 15, 2021, at the age of 78 after a brave fight with cancer. Carl was part of the great Canadian legacy of northern bush pilots who provided the transportation link to isolated communities and exploration camps, and enabled access to remote areas of the North using its distinctive geography and plethora of lakes and ice for landing strips. Carl had a unique amiable charm and care-free disposition that will be sadly missed by everyone who knew him, now that he has "filed his final flight plan".

Carl Clouter was born in Catalina, Newfoundland, and raised in Gander, an important hub for trans-Atlantic aviation refueling. He started his career in the 2^nd Battalion of the Black Watch (Royal Highland Regiment) of Canada, which he joined in 1962 and served for three years, including a deployment patrolling the Cold War border between East and West Germany. Self-admittedly feisty and a regimental boxer, he also had a gentle demeanor and was a talented singer. While on tour with the Canadian Tattoo, he met Elvis Presley and shared a stage with The Beatles.

Carl Clouter earned his pilot’s license and twin engine endorsement while working as a maintenance worker for Eastern Provincial Airways in Gander. He flew Canso water bombers and was a pilot for Premier Joey Smallwood. It was the smaller bush planes that captivated Carl’s love for flying and it was through flying these planes that he was introduced to the mining business, piloting charters for Noranda and other exploration companies. Water bombing took Carl to literally every corner of our vast country and after several trips to the Northwest Territories ("NWT"), he was offered a temporary position as the Chief Pilot for Air Dogrib in Fort Rae-Edzo (now "Behchoko") west of Yellowknife. He stayed in Behchoko for more than two decades and eventually established his own charter airline, "Edzo Air", where he could blend his passions for both flying and prospecting. In 1987, he piloted a charter flight for Robin Goad, who was in the process of starting Fortune. Carl vended one of his properties into the start-up and became a director and the Company’s northern representative. He subsequently staked the original NICO claims, which together with adjacent claims owned by Goad were transferred to Fortune and led to the discovery of the NICO Cobalt-Gold-Bismuth-Copper Deposit.

While living in Behchoko, Carl Clouter was approached by the RCMP to become a Sentencing Justice of the Peace. He studied law and blended this with his knowledge of Indigenous culture, performing one of the first circle sentences ever conducted under Canadian law.

In later years, Carl transitioned between Gander, Yellowknife and the NICO site, flying occasionally as a commercial pilot, but more typically at the controls of one of his own small airplanes, which included two rare Stinson float planes that he personally restored.

Fortune Minerals is profoundly saddened by Carl’s passing and this premature conclusion to an epic journey. The Company extends its most sincere and heartfelt condolences to Carl’s wife and family.

Drill Program Progressing

Fortune’s exploration drill program at the NICO project is continuing and the fifth hole is nearing completion. Assays are not anticipated to be received until several weeks after the conclusion of the program and will be reported when they become available.

The NICO project is comprised of a planned mine and concentrator in the Northwest Territories and a related hydrometallurgical refinery in southern Canada producing cobalt sulphate, gold doré, bismuth ingots and oxide, and a copper cement precipitate. NICO is a development stage project and one of the most advanced cobalt assets outside of the Democratic Republic of Congo ("DRC") to meet the growing demand in lithium-ion batteries powering electric vehicles, portable electronics and stationary storage cells, and mitigate supply chain issues from geographic concentration of production in the DRC and China and associated policy risks. The unique Critical Minerals assemblage of the NICO Deposit includes Mineral Reserves with primary cobalt, 12% of global bismuth reserves, by-product copper, as well as a highly liquid 1.1 million ounce in-situ gold co-product.

For more detailed information about the NICO Mineral Reserves and certain technical information in this news release, please refer to the Technical Report on the NICO Project, entitled "Technical Report on the Feasibility Study for the NICO-Gold-Cobalt-Bismuth-Copper Project, Northwest Territories, Canada", dated April 2, 2014 and prepared by Micon International Limited which has been filed on SEDAR and is available under the Company's profile at www.sedar.com. The disclosure of scientific and technical information contained in this news release has been approved by Robin Goad, M.Sc., P.Geo., President and Chief Executive Officer of Fortune who is a "Qualified Person" under National Instrument 43-101.

About Fortune Minerals:

Fortune is a Canadian mining company focused on developing the NICO Cobalt-Gold-Bismuth-Copper Project in the NWT. The Company has an option to purchase lands in Saskatchewan where it may build the hydrometallurgical plant to process NICO metal concentrates and is also evaluating other brownfield locations with existing facilities to reduce project capital and operating costs. In addition, Fortune owns the satellite Sue-Dianne Copper-Silver-Gold Deposit located 25 km north of the NICO Project mine site and is a potential future source of incremental mill feed to extend the life of the NICO mill and concentrator.

Follow Fortune Minerals:

Click here to subscribe to Fortune’s email list.

Click here to follow Fortune on LinkedIn.

@FortuneMineral on Twitter.

This press release contains forward-looking information and forward-looking statements within the meaning of applicable securities legislation. This forward-looking information includes statements with respect to, among other things, the Company’s 2021 drill program, the Company’s plans to develop the NICO Project and the potential for the Sue-Dianne property to provide incremental mill feed to the NICO Project. Forward-looking information is based on the opinions and estimates of management as well as certain assumptions at the date the information is given (including, in respect of the forward-looking information contained in this press release, assumptions regarding: the Company’s ability to conduct and complete the planned drill program; the Company’s ability to secure a site in southern Canada for the construction of a NICO Project refinery; the Company’s ability to arrange the necessary financing to continue operations and develop the NICO Project; the receipt of all necessary regulatory approvals for the construction and operation of the NICO Project and the related hydrometallurgical refinery and the timing thereof; growth in the demand for cobalt; the time required to construct the NICO Project; and the economic environment in which the Company will operate in the future, including the price of gold, cobalt and other by-product metals, anticipated costs and the volumes of metals to be produced at the NICO Project). However, such forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. These factors include the risks that the 2021 drill program may not result in a meaningful expansion of the NICO Deposit, the COVID-19 pandemic may interfere with the Company’s ability to conduct the drill program, the Company may not be able to secure a site for the construction of a refinery, the Company may not be able to finance and develop NICO on favourable terms or at all, uncertainties with respect to the receipt or timing of required permits, approvals and agreements for the development of the NICO Project, including the related hydrometallurgical refinery, the construction of the NICO Project may take longer than anticipated, the Company may not be able to secure offtake agreements for the metals to be produced at the NICO Project, the Sue-Dianne Property may not be developed to the point where it can provide mill feed to the NICO Project, the inherent risks involved in the exploration and development of mineral properties and in the mining industry in general, the market for products that use cobalt or bismuth may not grow to the extent anticipated, the future supply of cobalt and bismuth may not be as limited as anticipated, the risk of decreases in the market prices of cobalt, bismuth and other metals to be produced by the NICO Project, discrepancies between actual and estimated Mineral Resources or between actual and estimated metallurgical recoveries, uncertainties associated with estimating Mineral Resources and Reserves and the risk that even if such Mineral Resources prove accurate the risk that such Mineral Resources may not be converted into Mineral Reserves once economic conditions are applied, the Company’s production of cobalt, bismuth and other metals may be less than anticipated and other operational and development risks, market risks and regulatory risks. Readers are cautioned to not place undue reliance on forward-looking information because it is possible that predictions, forecasts, projections and other forms of forward-looking information will not be achieved by the Company. The forward-looking information contained herein is made as of the date hereof and the Company assumes no responsibility to update or revise it to reflect new events or circumstances, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211020005743/en/

Contacts

For further information please contact:
Fortune Minerals Limited
Troy Nazarewicz
Investor Relations Manager
info@fortuneminerals.com
Tel: (519) 858-8188
www.fortuneminerals.com

MISSISSAUGA, Ontario, Oct. 20, 2021 (GLOBE NEWSWIRE) — Canada Carbon Inc. (the “Company”) (TSX-V:CCB), (FF:U7N1) announces that its Chief Executive Officer (“CEO”), Olga Nikitovic, will be resigning from this position effective December 15, 2021. Olga also fulfills the role as the Company’s Chief Financial Officer (“CFO”) and will be resigning from this position on December 15, 2021 as well. The Company acknowledges the significant contribution to Canada Carbon Inc. that Olga made during her 14-year tenure as CFO.

Olga accepted the position of interim CEO for Canada Carbon upon the death of her husband, the Company’s former CEO, R. Bruce Duncan, last year. She has communicated to the Board of Canada Carbon that “personal family matters” is the reason for her pending departure.

The Board of Canada Carbon assures shareholders that, in conjunction with Olga, it will immediately commence planning for Olga’s succession and a positive go-forward strategy for the success of Canada Carbon Inc. Olga will remain active within Canada Carbon as its CEO until December 15.

The Company will miss Olga immensely. She did an excellent job of keeping Canada Carbon on track with its objectives and working hard for its shareholders, following the sudden death of her husband Bruce last year.

Respectfully,
The Board of Directors
Canada Carbon Inc.

For further information:

Olga Nikitovic
CEO
Canada Carbon Inc.
info@canadacarbon.com

FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com).

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