About Lake Resources NL: Lake Resources NL (ASX:LKE) (OTCMKTS:LLKKF) is a clean lithium developer utilising clean, direct extraction technology for the development of sustainable, high purity lithium from its flagship Kachi Project, as well as three other lithium brine projects in Argentina. The projects are in a prime location within the Lithium Triangle, where 40% of the world's lithium is produced at the lowest cost. This method will enable Lake Resources to be an efficient, responsibly-sourced, environmentally friendly and cost competitive supplier of high-purity lithium, which is readily scalable, and in demand from Tier 1 electric vehicle makers and battery makers.
Contact: For media queries, please contact: Nigel Kassulke at Teneo M: +61-407-904-874 E: Nigel.Kassulke@teneo.com
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Lake Resources (ASX: LKE,OTCQB:LLKKF) is a lithium exploration and development company focused on producing high-purity, sustainable lithium at a low-cost from its three wholly-owned lithium brine projects in Argentina. The projects lie within one of the most sizable, wholly-owned land packages amongst the largest players within the Lithium Triangle — home to 40 percent of the world's lithium supply.
Lake Resources is primarily advancing its wholly owned Kachi lithium project which is approximately 100 kilometres south of the FMC Lithium (NYSE: LTHM) Hombre Muerto lithium brine production site. The property hosts a 2018 mineral resource estimate of 4.4 million tonnes of contained lithium carbonate equivalent. The report outlines an indicated resource of one million tonnes of lithium carbonate equivalent and an inferred resource of 3.4 million tonnes lithium carbonate equivalent.
March 2021, Lake Resources released a pre-feasibility study (PFS) for its Kachi lithium project, including a video webinar recording detailing the results. The PFS includes an annual production target of approximately 25,500 tonnes of battery-grade lithium carbonate using Lilac Solutions' direct lithium extraction (DLE) technology. The study was based on Kachi's indicated resource of 1.01 million tonnes lithium carbon equivalent (LCE) at 290 mg/L lithium. The study projects an operating cost of US$4,178 per tonne, totalling approximately US$544 million in total capital expenses.
Lake Resources has partnered with Lilac Solutions to build a direct extraction pilot plant at the Kachi project. Lilac Solutions has developed a proprietary ion-exchange technology for the extraction of lithium from brine resources. It’s capable of achieving high recoveries, at minimal cost, with rapid processing times, all while providing numerous environmental benefits —- particularly water preservation. The proposed plant involves strategic partnerships with Ford Motor and Hanwa. Katchi aims to provide the world’s cleanest lithium using its unique procedure.
Together with its technology partner Lilac Solutions, Lake Resources has begun producing samples of lithium chloride from its direct lithium extraction pilot plant module. The samples taken from the pilot plant have consistently returned high concentrations of lithium chloride, at an average of 99.97 percent purity. The process results in less water use, limited land use, and reduced carbon dioxide emissions. Its technologically disruptive approach is designed specifically for scalability, with a modular structure that, “...produces high purity lithium, and can be ramped up quickly from pilot to commercial,” according to Steve Promnitz, managing director.
Lake Resources has appointed Hazen Research, a Colorado-based independent assay laboratory, to produce larger samples of its battery-quality lithium carbonate. Through its partnership with Hazen, Lake Resources intends to offer its product to potential off-takers and other interested parties. In addition to its partnerships with Hazen and Lilac, Lake Resources has appointed Novonix Battery Technology Solutions, a Nova Scotia-based independent testing and development laboratory, to create lithium battery test cells using Lake's lithium carbonate.
The Cauchari and Olaroz lithium brine projects are adjacent to one another and are surrounded by major players such as Lithium Americas (TSXV:LAC), SQM (NYSE:SQM), Ganfeng Lithium, and Advantage Lithium(TSXV:AAL). Lake Resources is currently drilling on the Cauchari project and plans to commence drilling at Olaroz once finished at Cauchari. Drilling at Cauchari has so far returned values up to 540 mg/L lithium on the project. Lake Resources hopes to prove that both projects are extensions of the neighbouring projects.
Lake Resources' wholly-owned Kachi lithium brine project encompasses 36 mining leases that cover 69,000 hectares in Catamarca province, Argentina. The property is approximately 100 kilometers south of the Livent (NYSE:LTHM) Hombre Muerto lithium brine production site. The Kachi property also covers a 20-kilometer by 15-kilometer salt lake.
In November 2018, Lake Resources released its maiden resource for the Kachi project. The report outlined a resource estimate of 4.4 million tonnes of contained lithium carbonate equivalent. The report included an indicated resource of one million tonnes of lithium carbonate equivalent and an inferred resource of 3.4 million tonnes lithium carbonate equivalent.
"We are very pleased to report such a significant maiden JORC mineral resource estimate for Kachi. The team advanced drilling within 12 months on an undrilled project and defined a large resource and located a project that stands alongside the largest lithium projects in Argentina," said Lake Resources Managing Director Stephen Promnitz. "We will expand the resource with more drilling and move into a pre-feasibility study using conventional and a direct extraction technology from Lilac Solutions which indicate high recoveries, low costs and a reduced time to production of lithium."
In 2017, Lake Resources completed a sampling and drill program at Kachi as well as a geophysical survey. The company collected 40 surface samples along the border of the salt lake that returned values up to 322 mg/L of lithium and 209 mg/L of lithium. The geophysical survey outlined a large, deep basin with brines between 400 meters to 800 meters deep. There is the potential to expand the brines at depth and to the south and west.
Drilling resulted in the discovery of a large, deep lithium brine-bearing basin that is similar in size to producing lithium projects across the globe. Highlights from the program include 308 mg/L of lithium and 60 meters grading 326 mg/L of lithium. The results also contained low impurities and magnesium content. Six of the seven holes completed remain open at depth.
In September 2018, Lake Resources partnered with Lilac Solutions to further the development of the Kachi project. Lilac Solutions has developed a proprietary ion-exchange technology for the extraction of lithium from brine resources.
The technology can achieve high recoveries with minimal costs and has rapid processing times when compared to using evaporation ponds. It also provides numerous environmental benefits as it eliminates the need for evaporation ponds and decreases the footprint of the operation. The technology also allows for the remaining brine to be re-injected into the aquifer.
"Lake Resources is delighted to be partnering with Lilac on a rapid, direct extraction process of lithium from brines. We have reviewed a number of technologies, and we consider Lilac to offer a compelling opportunity to be reviewed in tandem with conventional methods as part of a pre-feasibility study," said Promnitz, "The potential to reduce the timeline to production at low-cost is a major advantage in the current market with a constrained supply of lithium. Increased recoveries indicate that 300 mg/L lithium brine would produce similar volumes of final product as 600 mg/L lithium brine."
Lilac and Lake Resources plan to build a pilot plant at Kachi to demonstrate the viability of the technology. Lake Resources expects to be able to increase its lithium grade to 25,000 mg/L lithium and to produce a clean lithium hydroxide or lithium carbonate product for the battery market. Lake Resources is targeting pre-production at Kachi in early 2020 at the pilot plant.To aid in the development of the pilot plant and PFS, Lake Resources has appointed SD Capital Advisory Limited to secure up to US$25 million to finance the project's development.
In May 2020 Lake Resources released a PFS on the Kachi property with a target of producing 25,500 tonnes of battery-grade lithium carbonate equivalent (LCE), using Lilac's direct extraction technology at an operating cost of US$4,178 per tonne. The study was based on an indicated resource of 1.01 million tonnes LCE at 290 mg/L lithium. "The PFS highlights the cost-competitive nature and scale of the flagship Kachi project using direct extraction, but has the benefit of producing high-purity products capable of attracting premium pricing, while being a leader in sustainable lithium desired by Tier-One electric vehicle makers," said Managing Director Steve Promnitz.
The company is also in discussions with various downstream partners in the battery industry to secure future offtake agreements and additional funding for the project's development. In 2022, the company announced partnership opportunities with Ford Motor and Hanwa, a Japan-based trader. The non-binding memorandums of understanding for offtake proposal of the clean lithium provides meaningful financial opportunities for the company. Lilac’s ion exchange is proven through extensive testing at the pilot plant, allowing faster-to-market, high-recovery solutions that are environmentally sustainable.
The wholly-owned Cauchari and Olaroz lithium brine projects are adjacent to one another and surrounded by significant players in Jujuy province in Argentina. The projects are adjacent to the Orocobre's Olaroz lithium brine operations and projects under development by Lithium Americas (ICX:LAC), SQM (NYSE:SQM), Ganfeng Lithium, and Advantage Lithium.
Lake Resources began drilling on the Cauchari project, which has never been drilled before, in April 2019. The company encountered conductive lithium brines with values up to 480 mg/L of lithium at depths of approximately 186 meters at Cauchari. The results compared favourably with the results from nearby pre-production areas that are currently under development.
In August 2019, Lake Resources announced its final results which included a significant high-grade lithium discovery at Cauchari. Higher grades averaging 493 mg/L lithium over 343 meters were recovered and the highest result returned 540 mg/L lithium.
Drill plans are currently in the works for Olaroz, which has not been drilled before either. Lake Resources hopes to prove that both projects are extensions of the other projects in the area and is targeting the same aquifers as its neighbours.
The 72,000-hectare Catamarca pegmatite project is located in Ancasti, Catamarca Province and is 50 kilometers east of the city Catamarca. The project is accessible year-round. The area has hosted historical small-scale production for lithium-bearing spodumene pegmatites over a 150-kilometer area. Latin Resources (ASX:LRS) holds mining leases adjacent to the property and has received results of 4.9 percent lithium oxide and 7.1 percent lithium oxide from old mine workings.
The 290-square-kilometer Paso lithium brine project is a wholly-owned project in the Jujuy Province in Argentina. The province is adjacent to the border of Chile and is immediately west of Orocobre's Olaroz lithium brine operations. Lake Resources' initial sampling program returned elevated results. The company has applied for the requisite drilling and exploration permits to continue its exploration on the property.
The Directors have solid backgrounds in minerals exploration, mining engineering, mine management, finance, law and accounting, with a wealth of international experience.
Stuart Crow has global experience in financial services, corporate finance, investor relations, international markets, salary packaging, and stockbroking. He is passionate about assisting emerging and listed companies in attracting investors and capital. Crow has gained significant experience by owning and operating his own businesses.
Dr. Nick Lindsay has over 25 years of experience in Argentina, Chile and Peru, performing in technical and commercial roles in the resources sector with major and mid-tier companies, as well as start-ups. He has a bachelor’s of science degree in geology, with honours and a master’s of business administration degree. With a PhD in metallurgy and materials engineering, Dr. Lindsay is an expert in the field. A fluent Spanish speaker, he has successfully taken companies in South America, such as Laguna Resources, which he led as managing director, from inception to listing, through to development and subsequent acquisition. Dr. Lindsay is currently CEO of Manuka Resources, an unlisted company, and has previously held the position of president of Chilean operations for Kingsgate Consolidated. He is a member of the AusIMM and the AIG and holds a Bachelor of Science (Honours) in Geology, a PhD in Metallurgy and Materials Engineering as well as an MBA.
Dr. Robert Trzebski is currently chief operating officer of Austmine and holds a degree in geology, a master’s degree in project management, a PhD in geophysics, and has over 30 years of professional experience in project management and mining services. He holds considerable operating and commercial experience in Argentina and Chile, as a non-executive director of Austral Gold since 2007, listed on the ASX and TSXV. He is chairman of the audit and risk committee at Austral Gold. His role with Austmine has allowed him to develop considerable contacts across the operating and technology space of the global resources industry. Dr. Trzebski is also a fellow of the Australian Institute of Mining and Metallurgy and is fluent in Spanish, German, and English.
Amalia Sáenz was appointed a non-executive director in July 2021. An experienced energy and natural resources lawyer based in Buenos Aires, Sáenz is assisting Lake Resources and its local team in Argentina in engaging with local stakeholders and preparing for the development of clean lithium in Argentina. She is a partner at the law firm, Zang, Bergel & Viñes in Buenos Aires, where she leads the firm’s energy and natural resources practice.A leading member of the Association of International Petroleum Negotiators, Sáenz has extensive experience in energy and resources, including mergers and acquisitions, financing, joint venture, and operating agreements in Argentina. She has also worked in Central Asia and the United Kingdom, gaining experience in exploration and production development across international borders and cultures
Peter is a chartered accountant with more than 20 years’ experience in all facets of financial management, asset management, and leadership. He has served in a range of positions including as CFO, company secretary, finance manager, and other senior executive positions for a number of listed and unlisted companies in the energy and natural resources sector. Among the companies Neilson has worked with are Barrick, Xstrata, and Round Oak. He has been involved in reducing operating expenses up to AU$100M through cost analysis, performance improvements and contract negotiations, acquisitions of up to $80M and managed revenues in excess of AU$5 billion.
About Lake Resources NL: Lake Resources NL (ASX:LKE) (OTCMKTS:LLKKF) is a clean lithium developer utilising clean, direct extraction technology for the development of sustainable, high purity lithium from its flagship Kachi Project, as well as three other lithium brine projects in Argentina. The projects are in a prime location within the Lithium Triangle, where 40% of the world's lithium is produced at the lowest cost. This method will enable Lake Resources to be an efficient, responsibly-sourced, environmentally friendly and cost competitive supplier of high-purity lithium, which is readily scalable, and in demand from Tier 1 electric vehicle makers and battery makers.
Contact: For media queries, please contact: Nigel Kassulke at Teneo M: +61-407-904-874 E: Nigel.Kassulke@teneo.com
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SNN Network, a global multimedia financial news and publishing company that focuses on delivering news, information, data and analytics for publicly traded microcap companies, today announced that the Q2 2022 Issue of the MicroCap Review Magazine is now available in digital format
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The Q2 2022 issue of MicroCap Review also includes profiles on public MicroCap companies, including:
MicroCap Review Q2 2022 Issue articles from leading thinkers and experts in the MicroCap space include:
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About Lake Resources NL: Lake Resources NL (ASX:LKE) (OTCMKTS:LLKKF) is a clean lithium developer utilising clean, direct extraction technology for the development of sustainable, high purity lithium from its flagship Kachi Project, as well as three other lithium brine projects in Argentina. The projects are in a prime location within the Lithium Triangle, where 40% of the world's lithium is produced at the lowest cost. This method will enable Lake Resources to be an efficient, responsibly-sourced, environmentally friendly and cost competitive supplier of high-purity lithium, which is readily scalable, and in demand from Tier 1 electric vehicle makers and battery makers.
Contact: For media queries, please contact: Nigel Kassulke at Teneo M: +61-407-904-874 E: Nigel.Kassulke@teneo.com
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About Lake Resources NL: Lake Resources NL (ASX:LKE) (OTCMKTS:LLKKF) is a clean lithium developer utilising clean, direct extraction technology for the development of sustainable, high purity lithium from its flagship Kachi Project, as well as three other lithium brine projects in Argentina. The projects are in a prime location within the Lithium Triangle, where 40% of the world's lithium is produced at the lowest cost. This method will enable Lake Resources to be an efficient, responsibly-sourced, environmentally friendly and cost competitive supplier of high-purity lithium, which is readily scalable, and in demand from Tier 1 electric vehicle makers and battery makers.
Contact: Steve Promnitz Managing Director T: +61-2-9188-7864 steve@lakeresources.com.au For media queries, please contact: Nigel Kassulke at Teneo M: +61-407-904-874 E: Nigel.Kassulke@teneo.com
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About Lake Resources NL: Lake Resources NL (ASX:LKE) (OTCMKTS:LLKKF) is a clean lithium developer utilising clean, direct extraction technology for the development of sustainable, high purity lithium from its flagship Kachi Project, as well as three other lithium brine projects in Argentina. The projects are in a prime location within the Lithium Triangle, where 40% of the world's lithium is produced at the lowest cost. This method will enable Lake Resources to be an efficient, responsibly-sourced, environmentally friendly and cost competitive supplier of high-purity lithium, which is readily scalable, and in demand from Tier 1 electric vehicle makers and battery makers.
Contact: Steve Promnitz Managing Director T: +61-2-9188-7864 steve@lakeresources.com.au For media queries, please contact: Nigel Kassulke at Teneo M: +61-407-904-874 E: Nigel.Kassulke@teneo.com
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American Manganese Inc ("Company"), (TSX.V:AMY)(OTCQB:AMYZF)(FSE:2AM), doing business as RecycLiCo Battery Materials, is pleased to report the results of its 2022 Annual General and Special Meeting. At the meeting, shareholders re-elected Larry W. Reaugh, Andris Kikauka, Edward Skoda, Paul Hildebrand, and Zarko Meseldzija as directors of the Company for the ensuing year. DeVisser Gray, Chartered Accountants were reappointed as auditors of the Company
Norman Tribe, who did not stand for re-election at the meeting,has served as a director of the Company since 2014. Mr. Tribe has been a valuable resource for American Manganese, with his expertise in the field of geophysics. AMY thanks Norm for his many years of assistance and guidance and wishes him good health and prosperity in the future.
In addition, a special resolution was passed at the meeting resolving that the name of the Company be changed to "Recyclico Battery Materials Inc.", subject to the acceptance of the TSX Venture Exchange.
Larry W. Reaugh President and Chief Executive Officer Telephone: 778 574 4444 Email: lreaugh@amymn.com
www.americanmanganeseinc.com www.recyclico.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain "forward-looking statements", which are statements about the future based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements by their nature involve risks and uncertainties, and there can be no assurance that such statements will prove to be accurate or true. Investors should not place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements except as required by law.
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ScreenPro Security Inc. (CSE: SCRN) (OTCQB: SCRSF) ("ScreenPro" or the "Company") is pleased to announce its monthly COVID-19 testing operations have increased by 10% since January 2022. The Company started its year with approximately 19,000 tests administered and has now reached approximately 21,000 tests in June 2022.
The testing growth and demand is fueled by the seventh wave Canadians are now facing as experts suggest the new submerged Omicron variant, BA.5 has caused the newest spike in infections. (Source: https://globalnews.ca/news/8994313/long-term-care-covid-outbreak-spike-7th-wave-canada/)
The Science Table reports that the wave likely began early June with cases soon to peak. With an increase of 52 percent of people hospitalized due to COVID-19, testing for the virus is vital now more than ever. Ontario's Chief Medical Officer of Health, Dr. Kieran Moore reports that Omicron variants, including BA.5, have impacted the sensitivity of a standard rapid antigen test, reducing sensitivity and accuracy to 50 to 60 per cent. The PCR test is now the most accurate test to detect COVID-19 and the newest variants. (Source: https://www.cp24.com/news/everything-you-need-to-know-about-the-subvariant-now-driving-a-seventh-wave-of-covid-19-in-ontario-1.5987934)
"As the latest data shows that rapid antigen testing is not as sensitive for detecting the virus compared to PCR testing, we are pleased to share that we have access to the most precise PCR testing to detect new variants. As Canadians face a seventh wave of Covid with stronger mutations, ScreenPro is equipped to detect accuracy and deliver results to maintain safety," said Lena Kozovski, CEO of the Company.
ScreenPro is a medical technology company that provides turnkey screening solutions with its proprietary medical alerting software. ScreenPro's unique access to multiple manufacturers of high-quality test kits and its strategic partnership with labs in British Columbia, Ontario and Quebec allows ScreenPro to be a full-service nationwide provider of COVID testing and breast cancer screening solutions across Canada. In addition, ScreenPro's subsidiary, Concierge Medical, is a group of board-certified physicians who provide private, discreet, and personalized healthcare to Canadians. ScreenPro prides itself in having its own medical doctors and nursing professionals with on the ground support staff and transportation, with access to high quality PPEs to ensure that clients are protected in all aspects of their testing needs. For additional information on ScreenPro and other corporate information, please visit the Company's website at www.screenprosecurity.com
For more information about the Company, please refer to the Company's profile on SEDAR at www.sedar.com.
Neither the Canadian Securities Exchange (the "CSE") nor it's Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
For further information please contact:
Priya Monique Atwal, Director of Communications
Certain statements contained in this news release may constitute forward‐looking information, including statements relating to expectations regarding the acquisition and business of Concierge Medical Consultants Inc. and the future development of ScreenPro's business. Forward‐looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", and similar expressions. Forward‐looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward‐looking information. The actual results of ScreenPro could differ materially from those anticipated in this forward‐looking information as a result of regulatory decisions, competitive factors in the industries in which ScreenPro operates, prevailing economic conditions, changes to ScreenPro's strategic growth plans, and other factors, many of which are beyond the control of ScreenPro. Management of ScreenPro believes that the expectations reflected in the forward‐looking information herein are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. Any forward‐looking information contained in this news release represents ScreenPro's expectations as of the date hereof and is subject to change after such date. ScreenPro disclaims any intention or obligation to update or revise any forward‐looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/131224
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~Montfort's TIMIA Capital and Pivot Financial book record origination and distribution of private credit financing facilities in the first half of 2022~
Montfort Capital Corporation ("Montfort" or the "Company") (TSXV: MONT) (OTCQB: MONTF), a leading innovator of technology in private credit, today provided an update on its consolidated loan book activity for the first half of 2022. Montfort is made up of two operating entities: TIMIA Capital (TIMIA) which offers revenue-based tech loans to fast growing, business-to-business Software-as-a-Service (or SaaS) businesses in North America and Pivot Financial (Pivot) which specializes in asset-based private credit targeting mid-market borrowers in Canada . The Company deploys funds on behalf of limited partnerships, institutions, retail investors, high net worth individuals, its management team and shareholders. The Company acquired Pivot Financial in September 2021 .
For the first half of 2022, Montfort's consolidated loan book activity included the following:
During the same period, Montfort reports that TIMIA's loan origination multiple, a method of measuring the efficiency of closing loan transactions with the cost to underwrite and manage the new loans, has increased to its highest level since the company was founded in 2015. This record level of efficiency is an indication of the performance of the underlying loan origination platform, driving an increase in loan origination transactions while keeping costs in check.
"TIMIA and Pivot are experiencing substantial organic growth in their respective private credit markets," said Mike Walkinshaw , CEO of TIMIA. "Our investment in both our loan origination and management platform and our people is paying off as we continue to see an acceleration in deal generation. TIMIA has generated more investment transactions in the first six months of 2022 than all of 2021. Pivot has also continued to grow organically adding over $33 million of asset-based private loans in the first half of 2022. As we execute our growth strategy we are working diligently to close two previously announced acquisitions including Brightpath Capital, one of Canada's leading private providers of residential mortgages focused on Ontario and British Columbia ."
The Company also reports that eight previously reported non-dilutive financing facilities for growing US-based SaaS companies have been paid out. The exit of these eight financings are expected to return $18.6 million of capital and generate, in addition to interest earned, a combined gain of approximately $650,000 which will positively impact the Company's consolidated results. Pivot recorded $21.6 million in loan maturities.
The previously announced proposed acquisition of Brightpath Capital and a specialty finance company are currently subject to non-binding letters of intent. Since signing the non-binding letters of intent, the Company has undertaken due diligence and has proceeded with negotiation of definitive transaction agreements, which are expected to close in July for Brightpathand in the near term for the specialty finance company.
Montfort manages a diversified family of specialized private credit brands that utilize focused strategies and experienced management teams combined with advanced technology to improve fee related performance. Montfort facilitates transparency for all of its investors through public company reporting. For further information, please visit www.montfortcapital.com .
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Certain information and statements in this news release contain and constitute forward-looking information or forward-looking statements as defined under applicable securities laws (collectively, "forward-looking statements"). Forward-looking statements normally contain words like 'believe', 'expect', 'anticipate', 'plan', 'intend', 'continue', 'estimate', 'may', 'will', 'should', 'ongoing' and similar expressions, and within this news release include any statements (express or implied) respecting the future growth of the company, the Company's future financial performance and the completion of the Company's previously announced acquisitions.
Forward-looking statements are not guarantees of future performance, actions, or developments and are based on expectations, assumptions and other factors that management currently believes are relevant, reasonable and appropriate in the circumstances, including, without limitation, the following assumptions: that the Company and its investee companies are able to meet their respective future objectives and priorities, assumptions concerning general economic growth and the absence of unforeseen changes in the legislative and regulatory framework for the Company; assumptions regarding the Company's ability to complete its previously announced acquisitions on terms favourable to the Company.
Although management believes that the forward-looking statements are reasonable, actual results could be substantially different due to the risks and uncertainties associated with and inherent to Montfort's business. Material risks and uncertainties applicable to the forward-looking statements set out herein include, but are not limited to: the conditions of the proposed acquisitions not being satisfied; that the Company's proposed acquisitions will not be completed; that the targets of the Company's proposed acquisitions will not achieve their growth and profitability objectives; the Company having insufficient financial resources to achieve complete the proposed transaction and achieve its objectives; intense competition in all aspects of business; reliance on limited management resources; general economic risks; new laws and regulations and risk of litigation. Although Montfort has attempted to identify factors that may cause actual actions, events or results to differ materially from those disclosed in the forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, predicted, estimated or intended. Also, many of the factors are beyond the control of Montfort . Accordingly, readers should not place undue reliance on forward-looking statements. Montfort undertakes no obligation to reissue or update any forward-looking statements as a result of new information or events after the date hereof except as may be required by law. All forward-looking statements contained in this news release are qualified by this cautionary statement.
View original content: http://www.newswire.ca/en/releases/archive/July2022/18/c6520.html
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American Manganese Inc ("Company"), (TSX.V:AMY)(OTCQB:AMYZF)(FRA:2AM), doing business as RecycLiCo Battery Materials, announced today that Zarko Meseldzija, CTO and Director, will participate in an energy transitional conference call series hosted by Jon Windham, CFA, UBS Alternative Energy & Environmental Services Equity Research Analyst, on Thursday, July 21st at 11:00 am ET
Mr. Meseldzija will discuss RecycLiCo Battery Material's technology and strategy in the lithium-ion battery recycling industry along with current trends, challenges, and opportunities, followed by questions from UBS call series participants.
Event: RecycLiCo Battery Materials on UBS Energy Transition Call Series
Pre-registration Required to Participate:Register Here
American Manganese Inc, doing business as RecycLiCo Battery Materials, is a battery materials company focused on recycling and upcycling lithium-ion battery waste. With minimal processing steps and over 99% extraction of lithium, cobalt, nickel, and manganese, the patented, closed-loop hydrometallurgical process creates valuable lithium-ion battery materials for direct integration into the re-manufacturing of new lithium-ion batteries.
Larry W. Reaugh President and Chief Executive Officer Telephone: 778 574 4444 Email: lreaugh@amymn.com www.americanmanganeseinc.com / www.recyclico.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain "forward-looking statements", which are statements about the future based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements by their nature involve risks and uncertainties, and there can be no assurance that such statements will prove to be accurate or true. Investors should not place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements except as required by law.
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ScreenPro Security Inc. (CSE: SCRN) (OTCQB: SCRSF) ("ScreenPro" or the "Company") is pleased to announce that the Company has administered approximately 21,500 Covid-19 tests for the month of June and provided testing services to twenty-three (23) film and production companies in June from some of the most prominent companies in the North American film industry.
As new details emerge about the severity of the Covid subvariants in Canada, latest information states that Ontario's Covid-19 test positivity rate grew to 13.5%. Canadian's have now entered a seventh wave and volume of testing on film sets and the community are expected to increase due to the spike of Covid cases. (Source: https://www.cbc.ca/news/canada/toronto/covid-19-ontario-july-7-2022-1.6513337).
"We are pleased to continue our partnerships within the film and production industry for administering their Covid testing needs. As Canadians face a seventh wave of Covid, ScreenPro is there to provide a solution for testing and contact tracing needs with our nursing and lab staff. As the Company continues to expand, our core business in testing continues to hold great momentum," Lena Kozovski, CEO of the Company.
ScreenPro is a medical technology company that provides turnkey screening solutions with its proprietary medical alerting software. ScreenPro's unique access to multiple manufacturers of high-quality test kits and its strategic partnership with labs in British Columbia, Ontario and Quebec allows ScreenPro to be a full-service nationwide provider of COVID testing and breast cancer screening solutions across Canada. In addition, ScreenPro's subsidiary, Concierge Medical, is a group of board-certified physicians who provide private, discreet, and personalized healthcare to Canadians. ScreenPro prides itself in having its own medical doctors and nursing professionals with on the ground support staff and transportation, with access to high quality PPEs to ensure that clients are protected in all aspects of their testing needs. For additional information on ScreenPro and other corporate information, please visit the Company's website at www.screenprosecurity.com.
For more information about the Company, please refer to the Company's profile on SEDAR at www.sedar.com.
Neither the Canadian Securities Exchange (the "CSE") nor it's Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
For further information please contact:
Lena Kozovski, CEO (647) 878-6674 lena@screenprosecurity.com
Priya Monique Atwal, Director of Communications (416) 901-5611 x 204 priya@screenprosecurity.com
Certain statements contained in this news release may constitute forward‐looking information, including statements relating to expectations regarding the acquisition and business of Concierge Medical Consultants Inc. and the future development of ScreenPro's business. Forward‐looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", and similar expressions. Forward‐looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward‐looking information. The actual results of ScreenPro could differ materially from those anticipated in this forward‐looking information as a result of regulatory decisions, competitive factors in the industries in which ScreenPro operates, prevailing economic conditions, changes to ScreenPro's strategic growth plans, and other factors, many of which are beyond the control of ScreenPro. Management of ScreenPro believes that the expectations reflected in the forward‐looking information herein are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. Any forward‐looking information contained in this news release represents ScreenPro's expectations as of the date hereof and is subject to change after such date. ScreenPro disclaims any intention or obligation to update or revise any forward‐looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/130771
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LCA was Conducted in Accordance with ISO Standards and Critically Reviewed by Independent Experts
American Manganese Inc (TSXV:AMY)(OTCQB:AMYZF)(FSE:2AM) ("Company"), doing business as RecycLiCo Battery Materials, is pleased to announce the results of a life cycle assessment (LCA) completed by Minviro Ltd. ("Minviro"), a UK-based and globally recognized sustainability and life cycle assessment consultancy, on the Company's lithium-ion battery recycling-upcycling process
An LCA is a standardized, scientific method for quantifying the direct and embodied environmental impacts associated with a particular product or process. By considering all material and energy inputs such as scope 1, 2 and 3 CO2 emissions. The LCA was conducted in accordance with ISO-14040:2006 and ISO-14044:2006 standards and a critical review was conducted on the LCA by independent experts. The LCA was carried out with a combination of data provided by RecycLiCo and public databases.
The report assesses the Company's process against competing hydrometallurgical recycling methods, on the basis of producing one kilogram of NMC precursor material, as follows:
"Global Warming Potential" refers to the potential CO2 equivalent emissions made by a particular recycling method, in producing one kilogram of NMC precursor material. As shown in the table, competing hydrometallurgical recycling methods will likely produce 166% more CO2 equivalent emissions when compared to the RecycLiCo process. To put this into context, such a variance is about the same as 17,000 tons of CO2 per GWh of NMC battery material recycled, which is roughly equivalent to the amount of emissions made by 3,700 vehicles in a year on average.1
Minviro also found that the RecycLiCo process, when compared against the industry average for primary extraction methods (i.e. mining), results in a 35% reduction in CO2 equivalent emissions for NMC precursor production and a 74% reduction for lithium hydroxide production.
"I am pleased to report that the LCA results confirm RecycLiCo's lower environmental impact to produce NMC precursor and lithium hydroxide, when compared to primary raw material extraction methods or competing hydrometallurgical recycling," said Larry Reaugh, the Company's President and CEO. "To collectively achieve true decarbonization as an industry, we must not cut corners at any stage of the lithium-ion battery supply chain and should instead recognize the most efficient and environmentally friendly technologies as an industry benchmark."
Minviro is a London-based and globally recognized consultancy and technology company specializing in carrying out life cycle assessments in the technology metal space. The company provides quantitative environmental and climate impact data for mineral resource projects, battery manufacturers and OEMs to make environmentally informed decisions (www.minviro.com).
American Manganese Inc, doing business as RecycLiCo Battery Materials, is a battery materials company focused on recycling and upcycling lithium-ion battery waste. With minimal processing steps and over 99% extraction of lithium, cobalt, nickel, and manganese, the patented, closed-loop hydrometallurgical process creates valuable lithium-ion battery materials for direct integration into the re-manufacturing of new lithium-ion batteries.
On behalf of Management American Manganese Inc.
Larry W. Reaugh President and Chief Executive Officer Telephone: 778 574 4444 Email: lreaugh@amymn.com
www.americanmanganeseinc.com www.recyclico.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain "forward-looking statements", which are statements about the future based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements by their nature involve risks and uncertainties, and there can be no assurance that such statements will prove to be accurate or true. Investors should not place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements except as required by law.
1 Calculations are made by the Company and based on statistics found at https://www.epa.gov/greenvehicles/greenhouse-gas-emissions-typical-passenger-vehicle
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