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Day: March 7, 2023

Geomega Announces $3M in Funding from Government of Canada’s Critical Minerals Research, Development and Demonstration Program

MONTREAL, March 07, 2023 (GLOBE NEWSWIRE) — Geomega Resources Inc. (“Geomega” or the “Corporation”) (TSX.V: GMA) (OTC: GOMRF), a developer of clean and alternative technologies for the extraction, refining, and recycling of rare earths and other critical materials, is pleased to announce that it is receiving $3M in funding from the Government of Canada’s Critical Minerals Research, Development and Demonstration (CMRDD) Program, administered by Natural Resources Canada (NRCan), towards the construction of the magnet recycling demonstration plant. The Government of Canada is investing in the development of Canadian critical minerals value chains that will contribute to Canada’s goal of being a net-zero emitter of carbon by 2050. These critical minerals are essential inputs for renewable energy and clean technology applications such...

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Search Minerals to Receive $5 Million in funding from the Government of Canada under the Critical Minerals Research Development & Demonstration Program

VANCOUVER, British Columbia, March 07, 2023 (GLOBE NEWSWIRE) — Search Minerals Inc. (“Search Minerals”) (TSXV: SMY | OTCQB: SHCMF) is pleased to announce that the Government of Canada has contributed $5 million in non-dilutive support to Search Minerals via a Contribution Agreement which will be used to fund the construction and operation of a demonstration plant for rare earth extraction and recovery. The total project cost is estimated at approximately $9.3 million with a further $1 million of funding under application from other sources. Search Minerals’ contribution to the construction costs is expected to be approximately $3.3 million. The demonstration plant will process ~20 tonnes of rare earth concentrate prepared from 72 tonnes of Deep Fox and Foxtrot mineralization using Wet High Intensity Magnetic Separation (Search...

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PRESS RELEASE: NACON CONNECT IS BACK ON 9 MARCH!

– SAVE THE DATE REMINDER – NACON CONNECT IS BACK ON 9 MARCH! Lesquin, 7 March 2023 – NACON is pleased to release a teaser trailer for NACON Connect, which will take place on 9 March on its official YouTube channel. About fifteen games will be showcased in this new edition, including highly anticipated titles like The Lord of the Rings: GollumTM, Gangs of Sherwood, RoboCop, and many more! The conference will show gameplay for most of the games planned for release this year. Fans can explore more content and extended gameplay footage on the Steam pages of their favourite games after the conference ends. Watch the teaser trailer for NACON Connect via the following link: https://youtu.be/4gDE44e2Etk Follow this link to watch NACON Connect: https://youtu.be/oSBzONLqVd0         Go to our official YouTube channel on 9 March at 7pm CET / 10am...

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CSX Investments and Policy Enhancements Drive Multi-year Safety Improvement Trend

JACKSONVILLE, Fla., March 07, 2023 (GLOBE NEWSWIRE) — CSX (NASDAQ: CSX) has achieved record safety performance in recent years through a rigorous and comprehensive approach that includes investments in infrastructure and technology; a growing workforce; fluid network operations; and a safety culture that emphasizes employee training and coaching. “CSX understands that safety is the foundation of our business, which depends upon our ability to work collaboratively as a ONE CSX team to deliver customers’ freight safely, reliably and sustainably,” said Joe Hinrichs, president and chief executive officer. “Everything we do at our company is centered around our recognition that the safety of our employees and the communities where we operate is paramount.” Since CSX began transforming its operating model in 2017, the company has achieved...

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CORRECTION — Precipio continues to sign up and onboard HemeScreen™ customers

Conversion from sales funnels developed with distribution partners alongside direct sales points to continued accelerated growth NEW HAVEN, Conn., March 07, 2023 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today by Precipio, Inc. (NASDAQ: PRPO), please note that the 5th paragraph should read “revenues in Q2-2023 are now estimated to be ~50% greater than Q1-2023” rather than “~50% greater than Q1-2022”. The corrected release follows: Specialty cancer diagnostics company Precipio, Inc. (NASDAQ: PRPO) continues to convert its sales pipeline into HemeScreen customers, with an additional recently signed agreement expected to generate annualized revenues exceeding $125,000. Furthermore, this month we also expect another customer to launch an additional new panel within their lab, growing...

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WiBotic Provides Wireless Charging Capabilities for ResGreen’s LilBuddy Autonomous Mobile Robots (AMRs)

SHELBY TOWNSHIP, Mich., March 07, 2023 (GLOBE NEWSWIRE) — Today, ResGreen Group International, Inc. (RGGI), a next-generation mobile robot and software solutions company announced a partnership with WiBotic, a Seattle company that specializes in advanced charging and power optimization solutions for the rapidly expanding ecosystem of aerial, mobile, space and industrial robots. ResGreen’s LilBuddy Autonomous Mobile Robots (AMRs) can now be now programmed to power up using a wireless charging station – where power transmission automatically begins without any physical connection points – allowing the robots to operate for extended periods without human intervention. “We are thrilled to partner with WiBotic to provide wireless charging on our vehicles,” said Parsh Patel, CEO at ResGreen. “WiBotic’s technical support and dedication...

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Becknell Industrial Reports 2022 Results

INDIANAPOLIS, March 07, 2023 (GLOBE NEWSWIRE) — Becknell Industrial announced today financial results for the year ending December 31, 2022. Mark Shapland, Chief Executive Officer and President, said, “This past year presented a myriad of challenges to navigate – from continued inflationary pressure to uncertainty in capital markets. I am pleased with how well the Becknell team managed through these issues and our 2022 results reflect another successful year. Despite headwinds, the industrial market remains strong and Becknell is well positioned as we look at 2023 and beyond.” “Tenant demand for industrial product remains robust despite the uncertain economic environment,” said Peter Shaplin, Chief Operating Officer and Executive Vice President. “Our industrial real estate portfolio continued to achieve strong results in...

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McPhy 2022 Annual Results Accelerated Investment and Solid Cash Position

Press releaseAnnual revenue of €16.1 million, driven by strong growth of +37% in the second half of the year Increase in the backlog1 to €30.6 million, i.e. a growth of +51% generated by strong firm order intake in 2022 EBITDA of €(36.8) million within the expected range Net result of €(38.2) million, benefiting from a positive financial result Cash position of €135.5 million as of 31 December 2022 enabling growth fundingGrenoble, March 7, 2023 – 5:45 pm CET – McPhy Energy, specialized in low-carbon hydrogen production and distribution equipment (electrolyzers and refueling stations), today announces its consolidated results for the financial year 2022, ended December 31, approved today by the Company’s Board of Directors2.  Simplified P&L3(€ million) 2022 2021 ChangeRevenue 16.1 13.1 +22%Other operating...

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RJD Green Inc.’s Silex Holdings Division Enters into Memorandum of Understanding with Stone Countertop and Cabinet Company for Acquisition

TULSA, OK, March 07, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – RJD Green Inc. (OTCPK: RJDG) announced today subsidiary, Silex Holdings, has entered into a non-binding Memorandum of Understanding, with a mid-west located stone and cabinet company that would complement RJD Green’s current operation, Silex Interiors, in size and regional location. The MOU reflects the mutual general agreement in acquisition structure, defined steps to complete the acquisition, initial growth plan & management of operations, and the remaining due diligence items required for mutual agreement. The acquisition target, formed in 2004, offers fabrication of stone products for countertops and related interior products to include cabinetry, tile, and flooring for commercial and homebuilding sectors. The Company has established long-term client relationships...

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MRM: 2022 annual results

 Press release 2022 annual resultsTransformative acquisition of two properties from Altarea in late 2022Flins and Ollioules shopping centres included in MRM’s portfolio from 16 November 2022 Significant increase in portfolio size to €245 million (+51%) Increase in annualised net rents to €15 million (+62%) Sharp fall in the operating expenses/rental income ratio from 31% in 2021 to 19% in 2022 pro forma1Good operational performance2Retailer revenue up 3% compared with 2019 at constant scope3 13 leases signed in 2022, representing 9.4% of the rental baseSolid financial performance4Net rental income up 2.4% Net operating cash flow up 2.7% Net LTV ratio kept under control at 43.6% End-2022 EPRA NDV per share up 1.3% compared with the end-2021 figure adjusted for the shareholder pay-out5Proposed pay–out of €1.80 per...

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