Proactive - Interviews for investors

Hive Digital Technologies Executive Chairman Frank Holmes joined Steve Darling from Proactive to disclose the company's Bitcoin production figures for April 2024. During this period, Hive Digital successfully mined 212 Bitcoins, increasing its total holdings by 4% to 2,377 Bitcoins. The company sustained a robust average mining capacity of over 4.9 Exahash throughout the month. Holmes detailed that Hive Digital achieved an average of 43.6 Bitcoin per Exahash, with a consistent hashrate of 4.9 EH/s, noting an 8% increase in the monthly average hashrate. The firm also maintained a daily production rate of 7.1 BTC, underscoring its operational efficiency and robust performance. This growth is in line with the company's strategic goals to meet the anticipated increased demand for Bitcoin, especially following the launch and approval of spot Bitcoin ETFs. Hive Digital remains focused on maximizing cash flow and return on invested capital per share, while carefully managing shareholder dilution. Holmes emphasized that this growth trajectory is not only on target as anticipated but is also driving significant increases in positive operating income. HIVE emphasises ethical sustainability by exclusively using green energy for its mining operations and is expanding its footprint in artificial intelligence (AI) using Nvidia GPU chips. This dual approach supports its value proposition and infrastructure build-out in data centres, further enhancing its competitive edge in the industry. #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Excellon Resources CEO Shawn Howarth joined Steve Darling from Proactive to discuss the latest drilling outcomes from the exploration program at the Kilgore Project in Idaho, which is entirely owned by Excellon. The exploration comprised six diamond drill holes, spanning a total of 2,145 meters, with oriented cores and detailed sampling aimed at enhancing the structural understanding and potential of high-grade mineralization. Howarth reported that the drilling has successfully confirmed mineralization in a previously under drilled area of Kilgore, with grade intervals consistent with the current Mineral Resource Estimate cut-off. This suggests a potential extension of the mineralization southwest of the known deposit. Notable results included a yield of 1.37 grams per tonne of gold (g/t Au) over 81.21 meters in drill hole EX22KG004, which included higher concentrations of 2.77 g/t Au over 15.64 meters and 5.28 g/t Au over 5.54 meters, confirming significant high-grade mineralization in the Aspen sediments. Additionally, drill hole EX22KG005 showed 0.53 g/t Au over 56.24 meters, including 2.91 g/t Au over 1.45 meters, effectively testing the extension of the existing mineralized envelope to the southwest. This valuable data will contribute to a better understanding of grade contouring and will be instrumental in future resource modeling and exploratory drilling programs. #proactiveinvestors #excellonresourcesinc #tsx #exn #mining #ExcellonResources, #KilgoreProject, #GoldMining, #DrillingResults, #MineralExploration, #GoldDeposits, #MiningIndustry, #ResourceDevelopment, #ExplorationDrilling, #SedimentaryLayers, #ThermalGold, #MiningTechnology, #GeologicalSurvey, #PreciousMetals, #MiningOperations, #FieldWork, #Geology, #NaturalResources, #CorporateStrategy, #BusinessDevelopment#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Royal Helium CEO Andrew Davidson joined Steve Darling from Proactive to announce the successful completion of a bought deal public offering that raised $6 million. The offering was conducted in conjunction with underwriting firms Canaccord Genuity, Cormark Securities, and Eight Capital Corp. Davidson detailed that the proceeds are designated for a robust exploration and development agenda. This includes drilling potential new wells at the company’s 40-mile site in Alberta and enhancing the development of existing wells in Saskatchewan. The capital will also bolster operational scaling and improve working capital to facilitate the company's ongoing progress toward self-funding from operational outputs. He highlighted the strategic importance of this capital injection, noting it supports Royal Helium's expansion from managing a single asset to multiple assets. Davidson emphasized the critical nature of this funding in ensuring the company does not miss another exploration season, thereby maintaining momentum in its growth and development strategy. #proactiveinvestors #royalheliumltd #tsxv #rhc #otcqb #rhccf #mining #helium #invest #investing #investment #AndrewDavidson, #HeliumExploration, #EnergySector, #AlbertaOil, #SaskatchewanGas, #CanaccordCapital, #CormackCapital, #OilAndGas, #NaturalResources, #EnergyFinance, #MarketConfidence, #InvestmentDeal, #CorporateFinance, #ExplorationUpdate, #ResourceManagement, #CapitalInvestment, #BusinessStrategy, #OperationalScaling, #IndustryNews #investor #stockmarket #stocks #stock #stockmarketnews

Electric Royalties CEO Brendan Yurik joined Steve Darling from Proactive to share details the company has announced the successful closure of the company's previously disclosed transaction to acquire a comprehensive portfolio comprising 18 royalty agreements and 32 lithium properties situated in Ontario. Yurik elaborated on the portfolio's composition, highlighting its inclusion of 18 royalties and 32 lithium properties. Notably, 31 of the 32 properties are presently under exploration by third parties pursuant to option agreements. Subject to the fulfillment of option payments over the next two and a half years and the exercise of options, each property would transition into royalty interests for Electric Royalties. The company would retain ownership of any properties not transferred to optionees, with the flexibility to re-option, sell, or relinquish such properties. These properties encompass promising land situated on geological trends similar to, and surrounding, significant lithium discoveries in Ontario. Moreover, six out of 24 developed lithium prospects in Ontario with documented reserves or resources are proximate to these properties. Electric Royalties' acquisition underscores its strategic positioning within the burgeoning lithium sector, capitalizing on the potential of Ontario's lithium resources and reinforcing its commitment to expanding its royalty portfolio in key mining jurisdictions. #proactiveinvestors #electricroyaltiesltd #neo #snta #otcqb #sntaf #mining #tin #royalty #tantalum #BrendanYurik, #Lithium, #Ontario, #Acquisition, #CleanEnergy, #Royalties, #Mining, #Investment, #Minerals, #CorporateGrowth, #EnergyMetals, #ShareholderSupport, #BusinessDevelopment, #MarketOpportunities, #ResourceManagement, #IndustryNews, #EconomicDevelopment, #Sustainability, #ProductionUpdates #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Condor Resources CEO Chris Buncic joined Steve Darling from Proactive to announce the reappointment of Dr. Quinton Hennigh to the company’s board of directors. Dr. Hennigh, who has previously served on the board in 2021, brings over 30 years of experience as a globally renowned exploration geologist specializing in precious metals. Buncic highlighted Dr. Hennigh’s extensive background, which began after earning his PhD in Geology/Geochemistry from the Colorado School of Mines. His career includes significant roles at major gold mining firms such as Homestake Mining (now part of Barrick Gold Corp.), Newcrest Mining, and Newmont Corp. Dr. Hennigh is also the founder of Novo Resources Corp, where he currently serves as co-Chairman, and is the CEO of San Cristobal Mining, a private silver mining company. Dr. Hennigh has been instrumental in several major global mining discoveries, including First Mining Gold's Springpole gold deposit in Ontario, Kirkland Lake Gold's Fosterville mine in Australia, Rattlesnake Hills in Wyoming, and Lion One's Tuvatu project in Fiji, among others. His deep understanding of the sector and his previous involvement with Condor Resources make him a valuable asset to the board. Buncic also noted that Dr. Hennigh is familiar with the Pucamayo Project and has continuously monitored the company's progress, suggesting a strong alignment with the company's strategic goals and future initiatives. #proactiveinvestors #condorresourcesinc #tsxv #cn #ChrisBuncic, #QuentinHenning, #PutumayoProject, #PeruMining, #Geology, #EpithelialSystem, #MineralExploration, #DrillingProgram, #GoldMining, #Sulphidation, #Newmont, #MiningIndustry, #ResourceDevelopment, #MineralDeposits, #ExplorationGeology, #MiningProjects, #BoardofDirectors, #MiningSector, #ResourceSector#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Robert Kaul, CEO of Cloud DX, discussed with Steve Darling from Proactive the new Remote Patient Monitoring Agreement for Cloud DX RPM Services, which has been secured with a Canadian Provincial Health Authority. This agreement expands Cloud DX's provision of Connected Health remote patient monitoring products and services across Canada, now including contracts with Alberta, Yukon, Prince Edward Island, and a Master Services Agreement with Mohawk Medbuy—the country's largest hospital procurement agency. Kaul shared with Proactive that the contract spans 36 months and includes options for two 12-month extensions. Each subscription under these contracts is projected to average $1,520 CAD annually, covering the costs associated with the Connected Health Kit, which includes patient-prescribed hardware, software, and connectivity solutions. Over the four months leading up to April 30, 2024, Cloud DX has announced a significant growth milestone, securing 26 new contracts. These agreements span across hospitals, paramedic services, U.S. clinics, and include two Canadian provinces, marking a significant inflection point in the company’s expansion and presence in the healthcare industry. #proactiveinvestors #clouddxinc #tsxv #cdx #otc #cdxff #medical #remotemonitoring #HealthTech, #RemoteMonitoring, #DigitalHealth, #HealthcareInnovation, #ProvincialHealthContract, #CanadaHealth, #USHealthMarket, #HealthcareContracts, #PatientMonitoring, #HealthcareTechnology, #MedicalDevices, #HealthcareExpansion, #HealthcareFinance, #HealthAuthority, #HealthcareManagement, #HealthcareServices, #HealthcareInvestment, #MedicalTechnology, #HealthcareSolutions #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Tribe Property Technologies CEO Joseph Nakhla joined Steve Darling from Proactive to announce the company's financial results for the fiscal year and fourth quarter ended December 31, 2023. Nakhla began by highlighting the company's revenue growth, with total revenue reaching $19.39 million, marking an 8.8% increase compared to the previous fiscal year. This growth was attributed to various factors, including an expansion in software and service fees driven by an increased number of properties on the Tribe platform, higher financial services revenue associated with banking partnerships, software licensing fees, and the acquisition of Meritus. Additionally, Nakhla noted a significant improvement in gross profit, which amounted to $6.63 million for fiscal 2023 compared to $5.75 million in the previous year. This increase in gross profit and gross profit percentage was attributed to the addition of service contracts through organic growth, acquisitions, and restructuring efforts. Adjusted EBITDA for fiscal 2023 showed improvement as well, with an outflow of $6.56 million, representing a 19.8% improvement compared to the previous fiscal year. This improvement was driven by increased revenue and cost-cutting initiatives. Looking ahead to 2024, Nakhla expressed optimism about the company's prospects for improved revenue growth, profitability, and expanding margins. Tribe aims to achieve this through various strategies, including increasing monthly recurring revenue by securing new property management agreements, onboarding more communities onto the Tribe platform, winning new software licensing agreements, and boosting digital services revenue. The company also has a robust pipeline of profitable acquisition opportunities. Furthermore, Tribe remains committed to investing in its software platform and adding functionality to its suite of products to maintain its industry leadership position and continue providing innovative solutions to its clients. With its strong financial performance and strategic initiatives in place, Tribe Property Technologies is well-positioned to capitalize on growth opportunities in the property management sector and drive value for its shareholders. #proactiveinvestors #tribepropertytechnologies #tsxv #trbe #otcqb #trptf #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

First Phosphate Corp CEO John Passalacqua joined Steve Darling from Proactive to announce that the company has signed a partially binding letter of intent with Rapid Building Systems of Australia. This agreement marks the initial steps toward establishing a Rapidwall Manufacturing Plant in the Saguenay-Lac-St-Jean Region of Quebec. Once the terms are finalized, First Phosphate will obtain exclusive sales and marketing rights in Canada for RBS's Rapidwall and Rapidseal products. Passalacqua highlighted the strategic benefits of the Rapidwall Manufacturing System, explaining that it will enable First Phosphate to convert clean phosphogypsum, a byproduct from their upcoming purified phosphoric acid plant, into building panels. These panels are intended to support housing projects, particularly in rural and indigenous communities across North America. Rapidwall consists of prefabricated load-bearing wall panels, crafted through a moulding process that incorporates glass-fibre reinforced, water-resistant gypsum plaster. This makes them suitable for a wide range of applications, from single-family homes to multi-storey residential, commercial, and industrial developments. This initiative not only aims to enhance housing solutions but also underscores First Phosphate’s commitment to sustainable building practices. #proactiveinvestors #firstphosphatecorp #phosphate #BéginLamarcheproject #CEOInterview #CompanyUpdate #StrategicGrowth #RapidBuildingSystems, #PrefabHousing, #SustainableHousing, #Gypsum, #PhosphoricAcid, #CanadianMarket, #CircularEconomy, #SustainableMining, #ResourceReuse, #HousingCrisis, #EcoFriendlyHomes, #RuralHousing, #MiningIndustry, #InnovativeSolutions, #JohnPassalacqua, #HousingSolutions, #CanadianInnovation, #FireSafeHousing, #EcoConstruction #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Nextech3D.ai CEO Evan Gappelberg joined Steve Darling from Proactive to announce a substantial new order that the company has secured. In May, Nextech3D.ai received an order for over 1,000 3D AI models and more than 4,000 3D AI digital photos, with deliveries scheduled to start in June. The order, valued in the mid-six figures, underscores the company's role as a pioneer in AI technologies and its capability in creating high-resolution 3D models and renderings for e-commerce enterprises globally. Gappelberg highlighted that this large enterprise customer has seen significant return on investment from the use of 3D models in e-commerce and is rapidly increasing its orders. Nextech3D.ai is currently engaged in direct collaborations with Amazon and other major e-commerce retailers, such as Kohl’s. The company has also introduced "one-click integration" with major e-commerce platforms like Shopify, BigCommerce, and WooCommerce, which have incorporated 3D/AR features and are setting new standards for Web 3.0 in e-commerce. Looking forward, Nextech3D.ai is optimistic about its profitability prospects for 2024, anticipating scaling revenue with an 80% profit margin as operating expenses decrease, thanks to its investment in patented AI technologies. The company's strategic move to Hyderabad, India, is also seen as a key step in aligning with its commitment to delivering cutting-edge 3D modeling and augmented reality solutions. #proactiveinvestors #nextech3d.ai #cse #NTAR #otcqb #metaverse #toggle3D #ai #Nextech3Dai, #3Dmodeling, #AItechnology, #EvanGappelberg, #technology, #digitalrenders, #enterpriseclients, #profitmargins, #businessgrowth, #techindustry, #newbusiness, #innovation, #highmargin, #strategicpivot, #AIrendering, #businessopportunity, #marketleaders, #techvaluation, #futuretech, #corporatestrategy #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Light Science Technologies Holdings PLC (AIM:LST) reported a record year in 2023 with CEO Simon Deacon highlighting significant achievements in an interview with Proactive's Stephen Gunnion. The company implemented a strategic plan focused on growth and profitability, exceeding expectations in both areas. Notably, its Controlled Environment Agriculture (CEA) segment and Contract Electronics Manufacturing (CEM) contributed robustly to revenue increases. The company achieved a gross margin of 23.4% and overall revenue growth of 13.8% to £9.3 million. Deacon also discussed the impact of strategic acquisitions, including Tomtech, which enhanced its offerings in controlled environment agriculture, integrating systems for vertical farms, polytunnels, and glasshouses. Another notable acquisition was Injecta Fire Barrier, a key asset in the passive fire protection market, poised for growth due to regulatory changes spurred by the Fire Safety Act of 2021. Additionally, the CEO outlined the use of a £1.45 million fundraise to support product development, acquisitions, and extend its cash runway. Looking forward, Deacon detailed milestones for 2024, including a significant contract in the sports entertainment electronics segment and anticipated revenue growth in passive fire protection. Overall, Deacon remains optimistic about sustaining momentum and achieving further growth. #LightScienceTechnologies, #SimonDeacon, #CEA, #CEM, #2023Earnings, #RecordRevenue, #Profitability, #Tomtech, #FireSafety, #InjectorFireBarrier, #Acquisitions, #GrowthStrategy, #BusinessStrategy, #UKBusiness, #Technology, #AgricultureTechnology, #FireProtection, #Investment, #BusinessDevelopment, #FinancialPerformance #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Seeing Machines Ltd CEO Paul McGlone joins Proactive's Stephen Gunnion with an update on the company's progress and key developments. McGlone highlighted the expansion with an existing US customer and a tier 1 supplier, driven by increasing regulatory requirements in Europe, which signifies a significant development for the company. This expansion includes new technology integrations and a stronger foothold in the European market, alongside additional volume in China. Further, McGlone discussed the company's recent performance following their third-quarter results, noting a return to normal production levels and the launch of a new major vehicle program. This contributed to Seeing Machines producing over 300,000 vehicles in the quarter, supporting a year-on-year growth rate of 100%. This performance reassured investors of the company's growth trajectory. Additionally, McGlone outlined the launch of their biggest ever production award with a significant European OEM, which includes a comprehensive interior sensing capability for driver and occupant monitoring. This project is seen as a major technical achievement and is expected to notably increase growth rates. McGlone also touched on the aftermarket segment, particularly their Guardian Connections system for trucks and buses, which showed consistent growth and is set to expand further with the rollout of their third-generation product. Lastly, McGlone reaffirmed the company's financial targets for 2024 and their aim to achieve cash break-even in 2025, indicating strong momentum across various business areas, including automotive, aviation, and fleet services. #SeeingMachines, #PaulMcGlone, #AutomotiveTechnology, #VehicleSafety, #DriverMonitoring, #EuropeanMarket, #AutomotiveGrowth, #OEM, #InvestorUpdate, #QuarterlyResults, #TechnologyIntegration, #FleetServices, #Aftermarket, #ProductionIncrease, #RegulatoryCompliance, #FinancialTargets, #CashBreakEven, #BusinessMomentum, #TechnicalAchievement, #IndustryLeadership #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

The FTSE 100 ticked up to yet another record of 8,350 as the market opened. Mid-caps were in the spotlight on Wednesday as Wetherspoon’s third-quarter update that profit should sit at the top end of expectations saw shares jump early on. Boohoo faced a blow in the meantime after the online retailer reported wider losses and piling up debt for its financial year. Direct Line also fell following its first-quarter report, which showed higher total written and motor premiums but fewer in-force policies. Among FTSE 100 companies, Informa topped the early risers after hiking its share buyback program on expectations results would hit the top-end of guidance. And finally, technical instruments maker Renishaw dipped as revenue guidance was lowered following a fall in earnings over the first nine months of the year. #ProactiveInvestors #marketreport #ftse #ftse100 #footsie #wetherspoons #boohoo #directline #informa #renishaw #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Finseta CEO James Hickman tells Proactive's Stephen Gunnion the company experienced a transformative year in 2023 as it doubled of revenue and reported a pretax profit of £1.3 million, a significant recovery from a previous loss. Hickman attributed the improvement to a strategic refocus on enhancing the sales pipeline, expanding the payments network, and refining the product and geographical reach. Key strategic changes included shifting from indirect to direct client interactions, which increased the proportion of revenue from direct clients from 78% in 2022 to 95% in 2023. This shift also resulted in margin improvements and an increase in the average transaction value as the company began serving not only small businesses but also medium-sized businesses and high-net-worth individuals. The company also underwent a rebranding from Cornerstone PLC to Finseta, aimed at differentiating itself in a crowded market and reflecting its evolved business strategy and ethos. Furthermore, Finseta expanded its international presence, partnering with best-of-breed payment companies and banks to enhance its service offerings globally. Noteworthy developments included a new corporate card scheme with Mastercard and the approval to provide payment services in Canada, emphasizing Finseta's commitment to geographical and service expansion in its operations. #Finseta, #CornerstoneFS, #JamesHickman, #FinancialServices, #Fintech, #RevenueGrowth, #ProfitIncrease, #BusinessStrategy, #Rebranding, #DirectClients, #PaymentSolutions, #InternationalExpansion, #Mastercard, #CorporateCard, #Canada, #BusinessTransformation, #MarketExpansion, #ClientServices, #PaymentNetworks, #GeographicalReach #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Telomir Pharmaceuticals Co-Founder Frank O’Donnell joined Steve Darling from Proactive to share what the company believe is groundbreaking potential of their new drug designed to extend telomeres, which could reverse aging and age-related diseases. During a recent interview, O'Donnell elaborated on the drug’s potential, supported by extensive research in mice and successful trials in larger animals like a German shepherd. Drawing from his background in ophthalmology at Johns Hopkins, O'Donnell explained that the drug is developed to fight conditions such as macular degeneration by manipulating telomeres—protective caps on chromosomes that degrade over time. This innovative approach has shifted the company's focus from merely prolonging life to actively reversing signs of aging. O'Donnell also touched on the drug’s promising implications for veterinary medicine, particularly its potential benefits for older dogs suffering from osteoarthritis. Upcoming studies on dogs are planned to further prove the drug's effectiveness before moving to human clinical trials slated to begin in January 2025. Emphasizing the drug's transformative capabilities, O'Donnell spoke of its potential global impact by rejuvenating biological clocks and enhancing overall health. Currently, Telomir Pharmaceuticals is not seeking additional funding, opting instead to focus on advancing their research and commencing significant clinical trials. #proactiveinvestors #telomirpharmaceuticalsinc #nasdaq #telo #antiaging #biopharma #FrankODonnell, #AntiAging, #LongevityResearch, #PharmaceuticalInnovation, #Healthcare, #VeterinaryMedicine, #TelomereExtension, #AgeReversal, #Biotechnology, #ClinicalTrials, #MedicalResearch, #DrugDevelopment, #MacularDegeneration, #Ophthalmology, #JohnsHopkins, #AgingResearch, #LifeExtension, #Pharmaceuticals, #MedicalScience #proactiveinvestors #telomirpharmaceuticalsinc #nasdaq #telo #antiaging #biopharma #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

North Bay Resources CEO Jared Lazerson joined Steve Darling from Proactive to announce the successful completion of the initial power-up and testing phase for the equipment at the Bishop Gold Mill. The tested equipment includes a jaw crusher, ball mill, shaker table, flotation tanks, as well as the associated conveyors and ancillary equipment. All components powered up successfully and are confirmed to be in excellent working order. During the conversation, Lazerson noted that the ball mill bushings are set to be replaced soon to ensure continuous operation. Although the mill was permitted for operation starting in 2019, it has remained inactive until now, resulting in very low operational hours for the equipment which remains in nearly new condition. This includes all wiring, plumbing, and associated fixtures in the mill building and the tailings pond. Furthermore, the company is currently in negotiations to secure feedstock for the mill. They have targeted an initial purchase of 10,000 tons of ore, grading one ounce of gold per ton, which would provide approximately three months of feedstock. This acquisition is projected to yield about 8,500 ounces of gold, assuming an 85% recovery rate, which could potentially generate $20 million in gold revenue at current market prices. #proactiveinvestors #northbayresourcesinc #otc #nbri #mining #bishopgoldmill #JaredLazerson, #CopperExploration, #GoldProduction, #MiningIndustry, #BritishColumbia, #CaliforniaGoldMill, #MiningCEO, #ResourceExploration, #EconomicDevelopment, #MineralResources, #MiningOperations, #GoldMillOperations, #ResourceManagement, #InvestmentOpportunity, #CorporateGrowth, #BusinessStrategy, #EnvironmentalPermitting, #IndustrialExpansion, #MarketStrategy #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Norsk Titanium Vice President, Commercial Nick Mayer joined Steve Darling from Proactive to announce a significant agreement with The Boeing Company, marking a milestone in the company's aerospace-grade structural titanium components manufacturing. Mayer revealed that Norsk Titanium has signed a substantial agreement to directly supply parts to Boeing, solidifying a direct supplier relationship between the two entities. This agreement positions Norsk Titanium as a Tier-1 supplier within Boeing's procurement system, allowing for direct deliveries to Boeing later this year. The deal is expected to provide hundreds of structural components to Boeing through 2025. In addition to the Boeing agreement, Norsk Titanium has recently secured a Master Supply Agreement with Airbus Aerostructures, underscoring its expansion strategy. The company's operational and financial update reflects promising growth, with 21 parts in serial production across multiple customers, resulting in annual recurring revenue of approximately US$6 million. Anticipated expansions are forecasted to elevate revenue to US$50 million by the end of 2024, laying the foundation for a longer-term revenue target of US$150 million by 2026. To support its growth initiatives, Norsk Titanium has successfully completed a private placement of $25 million in an oversubscribed process, providing additional capital for expansion and development. With these significant milestones and robust growth projections, Norsk Titanium is poised for continued success and leadership in the aerospace industry. #proactiveinvestors #norsktitanium #otcqx #norsf #boeing #airbus #NorskTitanium, #aerospace, #additivemanufacturing, #Boeing, #Airbus, #industrialmanufacturing, #aerospaceengineering, #supplychain, #aerospaceindustry, #manufacturing, #technology, #engineering, #industrialpartners, #aircraftparts, #commercialaerospace, #defenceindustry, #production, #businessdevelopment, #strategicpartnerships, #revenuegrowth#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Gold Basin Resources CEO Colin Smith joined Steve Darling from Proactive to announce the signing of a property option agreement with Iconic Minerals, granting Gold Basin Resources a 50% interest in the New Pass gold property located in Nevada. This agreement encompasses 107 unpatented mineral claims. Smith elaborated on the significance of the New Pass property, noting its hosting of the Carlin-type New Pass Gold-Silver deposit. The property boasts a historical Inferred Mineral Resource of 341,750 ounces of gold equivalent, with separate estimates for gold and silver. Notably, 75% of the deposit is oxidized, making it amenable to heap leaching, as demonstrated by previous metallurgical testwork. With mineralization open in all directions, there is substantial potential for resource expansion and conversion. Situated within Nevada's prolific Sulfur-Lovestock-Austin structural gold trend, New Pass is strategically located just 75 kilometers south-southwest of the past-producing McCoy-Cove Mine, which is set to resume production under i-80 Gold Corp. Furthermore, the property benefits from an active Plan of Operations, permitting up to 25 acres of exploration-associated allowable disturbance. Smith outlined the company's plans to swiftly advance the New Pass asset in tandem with its Gold Basin Project, with a focus on conducting on-the-ground exploration activities to unlock the property's full potential. With the acquisition of the New Pass gold property, Gold Basin Resources is well-positioned to capitalize on the opportunities presented by Nevada's renowned gold-rich geological terrain and contribute to its growing portfolio of valuable mineral assets. #proactiveinvestors #goldbasinresourcescorporation #tsxv #gxx #otcqb #gxxff #mining #gold #NewPassOxideGold, #NevadaMining, #GoldMining, #ResourceExpansion, #MiningOperations, #GoldDeposits, #MiningExploration, #StrategicAcquisition, #OxideGold, #Geology, #MiningIndustry, #MineralResources, #ExplorationDrilling, #ResourceAssessment, #MiningInfrastructure, #GoldBasinNevada, #GoldMarket, #MiningTechnology, #ResourceManagement #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

EDM Resources CEO Mark Haywood joined Steve Darling from Proactive to provide an update on substantial progress the company has made regarding environmental compliance critical for the Scotia Mine's restart. The company has effectively completed three of the required four seasonal samplings of Atlantic Salmon DNA, following guidelines set by the Department of Fisheries and Oceans (DFO). Alongside these efforts, the team is conducting thorough reconnaissance to pinpoint additional potential sites for the necessary stream and river restoration. This initiative is a cornerstone of the comprehensive fish habitat offsetting strategy demanded by the DFO. During the discussion, Haywood highlighted findings from the winter season DNA tests which confirmed the absence of Atlantic Salmon in the vicinity of the Scotia Mine, a result that aligns with the company’s environmental goals and augurs well for the mine’s prospective operations. Haywood expressed optimism for similar outcomes from the forthcoming final season of testing, anticipated to further bolster the case for the mine’s operational reboot. Moreover, EDM is making strides in adhering to the DFO’s specific requirements through detailed environmental studies and the implementation of restoration projects designed to mitigate any adverse effects on fish habitats due to future mining activities at the site. These proactive environmental measures underline EDM’s commitment to sustainability and responsible mining practices. The conclusion of the last testing phase is expected in May 2024, which will mark a significant milestone towards achieving environmental and operational readiness for the Scotia Mine. #proactiveinvestors #edmresourcesinc #tsxv #edm #minng #EDMResourcesInc, #EnvironmentalTesting, #Mining, #NovaScotia, #AtlanticSalmon, #ScotiaMine, #CommercialProduction, #ZincMining, #EnvironmentalStewardship, #SustainableMining, #JobCreation, #LocalEconomy, #PermittingProcess, #IndustryNews, #MiningIndustry, #ResourceManagement, #EnvironmentalImpact, #Conservation, #EconomicDevelopment, #CorporateResponsibility#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Pineapple Financial CEO Shubha Dasgupts joined Steve Darling from Proactive to announce the launch of a groundbreaking deal management system expected to propel the company's growth further. The unveiling coincides with the release of Pineapple Financial's second-quarter fiscal results for 2024, highlighting significant revenue growth and strategic expansions. The centerpiece of Pineapple Financial's growth strategy is PineappleONE, a first-of-its-kind platform designed to revolutionize broker operations in the mortgage market. PineappleONE streamlines the entire deal process, from origination to submission, providing brokers with a comprehensive view of mortgage deal details in a single interface. The system automates time-consuming tasks such as generating lender-specific notes and assembling document packages, empowering brokers to focus on client interactions and business expansion. Notably, PineappleONE is adaptive, evolving with broker behavior, recognizing preferences, and learning from actions to enhance efficiency continuously. Developed by Pineapple's award-winning technology team, PineappleONE is poised to drive revenue growth through accelerated deal submissions and improved acceptance rates. Dasgupts highlighted Pineapple Financial's strong second-quarter performance, with a remarkable 59.04% year-over-year increase in revenue to $784,869. Residential mortgage loans also grew by 17.6% during the same period, reaching $314.963 million. Despite a 33.3% increase in selling, general, and administrative expenses attributed to expansion and traveling costs, the company managed to reduce its net loss by 4% to $657,456 compared to the second quarter of 2023. Pineapple Financial reported a robust cash position of $1,339,618 as of February 29, 2024, reflecting an increase of $159,642 compared to the previous year. Furthermore, Pineapple Financial expanded its operations by opening offices in metro Vancouver, Ottawa, Winnipeg, and Alberta during the quarter. Additionally, the company enhanced its service offerings with an improved online mortgage application for brokers and custom advertising banner management software aimed at enhancing lead conversion. With PineappleONE's launch and strong fiscal performance, Pineapple Financial is well-positioned for continued growth and innovation in the mortgage market, solidifying its position as a leader in the industry. #proactiveinvestors #pineapplefinancialinc #amex #papl #fianance #CanadianMortgages, #MortgageTechnology, #Homebuyers, #MortgageBrokers, #FinancialServices, #HomeOwnership, #CanadianEconomy, #RealEstate, #PropertyMarket, #MortgageTrends, #EconomicGrowth, #DigitalTransformation, #TechInnovation, #Fintech, #RevenueGrowth, #BusinessExpansion, #Immigration, #HousingMarket, #FinancialPlanning#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

PainReform CEO Ilan Hadar joined Steve Darling from Proactive to discuss the company at the forefront of addressing the opioid crisis in the United States, is developing PRF-110, an innovative post-operative pain treatment designed as an alternative to traditional opioids. PRF-110 is applied directly by surgeons during procedures, offering patients up to 72 hours of continuous pain relief, potentially eliminating the need for additional pain medications post-surgery. The company is currently advancing a Phase III study in Texas to evaluate the effectiveness and safety of PRF-110. The study, which began in October 2023, has already seen significant progress with more than 50% of the target 400 patients enrolled. Completion of patient enrollment is expected by mid-year, and the study results are anticipated in the third quarter of the same year. A successful outcome from this study could pave the way for another Phase III trial focusing on soft tissue applications, slated to start in early 2025, with results expected by 2026. Should the upcoming trials confirm PRF-110’s efficacy and safety, PainReform plans to submit a New Drug Application in 2026. The company recognizes the significant market potential for non-opioid post-operative pain treatments, an area currently underexplored, and is positioning PRF-110 as a key player in transforming pain management practices post-surgery. #proactiveinvestors #painreformltd #nasdaq #prfx #prf110 #PainReform, #PRF110, #PostOperativePain, #OpioidAlternative, #PhaseIIIStudy, #SurgicalPainRelief, #NewDrugApplication, #HealthcareInnovation, #PainManagement, #FDAApproval, #ClinicalTrials, #MedicalResearch, #HealthTech, #PainRelief, #Surgery, #PatientCare, #DrugDevelopment, #Pharmaceuticals, #Biotech, #Medicine #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews