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Day: March 7, 2023

Comstock Metals Recycling Subsidiary Sells Facility for $27 Million

VIRGINIA CITY, Nev., March 07, 2023 (GLOBE NEWSWIRE) — Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) today announced agreements by LINICO Corporation, Comstock’s 88% owned subsidiary (“LiNiCo”), to sell LiNiCo’s facility at 2500 Peru Drive, McCarran, Nevada, for a gross price of $27 million. The facility was being leased pursuant to an agreement that permitted LiNiCo to purchase the facility for a purchase price of $15.25 million, of which $3.25 million was previously paid. Comstock expects to receive net proceeds of approximately $12.5 million from the sale of the LiNiCo facility, plus any remaining proceeds from a $1.5 million hold-back deposited in escrow, for up to 18 months, to cover the cost of any potential environmental remediation items subsequently identified by the buyer. “The sale of this asset was both...

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Titan Announces Quarterly Cash Dividend for Q1 2023

VANCOUVER, British Columbia, March 07, 2023 (GLOBE NEWSWIRE) — Titan Mining Corporation (TSX:TI) (“Titan” or the “Company”) announces that its Board of Directors has declared a quarterly cash dividend of C$0.01 per common share (the “Dividend”) for an aggregate distribution of approximately C$1.4 million based on the current number of shares outstanding. This represents a C$0.04 dividend on an annualized basis and an annual dividend yield of 6.5% based on Titan’s closing share price on the TSX on March 6, 2023, of C$0.61. This quarterly dividend declaration is consistent with the Company’s December 13, 2022 news release announcing the adoption by its Board of Directors of a policy to declare quarterly cash dividends of C$0.01 per common share. The Dividend is payable on April 14, 2023, to shareholders of record as of the close...

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InvestmentPitch Media Video Discusses Victory Battery Metals and its New Exploration Program on its Georgia Lake Lithium Project in Ontario

VANCOUVER, British Columbia, March 07, 2023 (GLOBE NEWSWIRE) — Victory Battery Metals Corp. (CSE:VR) (FSE:VR6) (OTCPink:VRCFF), a diversified investment corporation with mineral interests in North America, is preparing to start an exploration program for its Georgia Lake Lithium Project in the Thunder Bay District in Ontario. Victory’s exploration team has designed a work program to advance the Georgia Lake Lithium property. Currently, the Company is soliciting bids to fly a magnetometer survey over its Georgia Lake Property to determine whether mica granite bodies can be identified within the metasediments. A Media Snippet accompanying this announcement is available by clicking on the image or link below:For more information about this news, please view the InvestmentPitch Media video. The video is available for viewing...

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SkyeBrowse to Integrate with Draganfly Drones

With this integration, emergency responders will have enhanced situational awareness and rapid deployment capabilities during critical incidents. Los Angeles, CA., March 07, 2023 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions, and systems developer, is pleased to announce SkyeBrowse will integrate its world class reality capture platform with Draganfly public safety drones. This new integration with Draganfly drones by SkyeBrowse will provide emergency responders with enhanced situational awareness and rapid deployment capabilities during critical incidents. The combination of SkyeBrowse’s industry-leading software and Draganfly’s UAV hardware will provide customers with an exceptional solution for public safety....

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RecycLiCo’s Demonstration Plant Testing Produces Bulk Quantities of Battery-Grade Lithium Carbonate

SURREY, British Columbia, March 07, 2023 (GLOBE NEWSWIRE) — RecycLiCo Battery Materials Inc. (“RecycLiCo” or “Company”), a battery materials company focused on the development of novel and environmentally friendly lithium-ion battery recycling and upcycling technologies, and its R&D partner Kemetco Research Inc. (“Kemetco”), is pleased to provide an operational update on the RecycLiCo hydrometallurgical demonstration plant (“the Demo Plant”) in Vancouver, Canada. RecycLiCo has achieved another milestone in its Demo Plant testing efforts, successfully producing bulk quantities of battery-grade lithium carbonate from an industrial feed of cathode scrap. The Demo Plant has undergone thousands of person-hours over several months which has delivered high-quality battery materials and operational data for continued business development....

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SkyeBrowse to Integrate with Draganfly Drones

With this integration, emergency responders will have enhanced situational awareness and rapid deployment capabilities during critical incidents. LOS ANGELES, March 07, 2023 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions, and systems developer, is pleased to announce SkyeBrowse will integrate its world class reality capture platform with Draganfly public safety drones. This new integration with Draganfly drones by SkyeBrowse will provide emergency responders with enhanced situational awareness and rapid deployment capabilities during critical incidents. The combination of SkyeBrowse’s industry-leading software and Draganfly’s UAV hardware will provide customers with an exceptional solution for public safety....

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Kraken Robotics Supporting N-Sea with Major Cable Depth of Burial Survey in the North Sea

ST. JOHN’S, Newfoundland, March 07, 2023 (GLOBE NEWSWIRE) — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), is pleased to announce that Kraken Robotics is to support subsea solutions provider N-Sea with cable burial survey services during cable inspection and remedial burial campaign for a major interconnecting power cable asset in the North Sea. While contract values cannot be disclosed, Kraken has secured more than $1.4 million to date in Q1, 2023 in depth of burial and boulder detection project surveys. Commencing in March 2023 and expected to continue for 20 days, Kraken Robotics has mobilised its 3D acoustic Sub-Bottom Imager (SBI) survey sensor to a vessel under the control of N-Sea, to support cable burial surveys along a series of HVDC interconnector cables. During the works, the SBI will initially be used to locate the...

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Coherent to Hold Industry-First Live Demonstration of 200G PAM4 Mach-Zehnder Modulated Laser Technology at OFC 2023

PITTSBURGH, March 07, 2023 (GLOBE NEWSWIRE) — Coherent Corp. (NYSE: COHR), a leader in optical communications components and subsystems, today announced that it will hold a live demonstration of its 200G four-level pulse amplitude modulation (PAM4) Mach-Zehnder modulated laser technology at OFC 2023 in San Diego, March 7-9, booth #3815. This live demonstration will showcase a distributed feedback laser (DFB) and Mach-Zehnder modulator combined monolithically in a photonic integrated circuit (PIC) that enables 200G PAM4 for 1.6T transceivers with up to 10 km reach. “This is to our knowledge the industry’s first such laser technology demonstration. We have combined into one PIC the functional elements and integration experience of several of our most advanced devices, which are each breakthrough innovations on their own,” said Dr....

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Marimekko and adidas announce a new limited-edition collaboration collection

Marimekko Corporation, Press release, 7 March 2023 at 1.00 p.m. EET Marimekko and adidas announce a new limited-edition collaboration collection Finnish design house Marimekko and adidas, a global leader in the sporting goods industry, re-join forces for a fifth limited-edition collaboration collection. The cross-category collaboration unites Marimekko’s art of printmaking and adidas’ performance across apparel, footwear and accessories. The new collaboration sees two iconic prints from the Marimekko archive introduced across adidas’ forerunning performance technology. Both prints capture the design and sentiment of the 1960s with a modern expression in colorways for the next generation for this limited-edition collection. The two prints – Linssi and Lokki – are gems of the Marimekko archive; the Linssi print was originally designed in...

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Bavarian Nordic A/S – Notice Convening Annual General Meeting

COPENHAGEN, Denmark, March 7, 2023 – Pursuant to Articles 10-14 of the Articles of Association, the shareholders of Bavarian Nordic A/S are hereby convened to the Annual General Meeting to be held on Thursday, 30 March 2023, at 4 PM CEST at Comwell Borupgaard, Nørrevej 80, DK-3070 Snekkersten, Denmark with the following agenda:The Board of Directors’ report on the Company’s activities in the past year. Presentation of the Annual Report for adoption. A proposal from the Board of Directors regarding the application of profit or covering of loss pursuant to the Annual Report as adopted. Presentation of and indicative vote on the Remuneration Report. A resolution to discharge the Board of Directors and the Board of Management from liability. Election of members of the Board of Directors. Election of Auditors. Any proposal from...

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