top of page

Search Results

609 items found for ""

  • CEO Clips - AI/ML Innovations: Pioneering Innovations in AI and Healthtech

    Learn more about AI/ML's feature on CEO Clips here SOURCE

  • Small Caps Stock Today Podcast Featuring AI/ML Innovations Inc. CEO Paul Duffy

    Small Caps Stocks Today Podcast Sits Down with Paul Duffy, CEO of AI/ML Innovations Inc. to discuss how AI, machine learning, cloud computing and digital platforms are being used to drive transformation in health care management. SOURCE

  • Forum Energy Metals to Present at the Red Cloud Fall Mining Showcase in Toronto

    Vancouver, British Columbia--(Newsfile Corp. - October 31, 2023) - Join Forum Energy Metals (TSXV: FMC) (OTCQB: FDCFF) at the Red Cloud Fall Mining Showcase at the Sheraton Centre Hotel in Toronto, Ontario on Tuesday, November 7 and Wednesday, November 8. Forum's Vice President of Exploration, Dr. Rebecca Hunter will present on Forum's high grade uranium discovery in the Thelon Basin, Nunavut and its drill ready portfolio of uranium projects in the Athabasca Basin, Saskatchewan on Wednesday, November 8 at 2:40pm. Forum President & CEO, Richard Mazur and Dr. Hunter will be available on both days of the conference for 1 X 1 meetings to update investors on the Company's planned uranium exploration activities in Nunavut and Saskatchewan. To register: https://redcloudfs.com/fallminingshowcase2023/. Rick Mazur, President & CEO stated, "This is the most exciting uranium discovery in Canada since the PLN discovery in Saskatchewan. The structural setting of Forum's Tatiggaq deposit in Nunavut is similar to NexGen's Rook 1 uranium deposit in the western Athabasca Basin. Forum's property in the geologic equivalent Thelon Basin is adjacent to Orano's 133 million pound Kiggavik uranium development project, where a feasibility study was conducted from 2008 to 2012." Technical meetings with management and partnering inquiries on Forum's portfolio of uranium and energy metals projects in Saskatchewan, Nunavut and Idaho can be arranged by contacting: Rick Mazur, President & CEO at mazur@forumenergymetals.com or by calling 604-630-1585. About Forum Energy Metals Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) is focused on the discovery of high grade unconformity-related uranium deposits in the Athabasca Basin, Saskatchewan and the Thelon Basin, Nunavut. In addition, Forum holds a diversified energy metal portfolio of copper, nickel, and cobalt projects in Saskatchewan and Idaho. For further information: https://www.forumenergymetals.com. ON BEHALF OF THE BOARD OF DIRECTORS Richard J. Mazur, P.Geo. President & CEO 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. For further information contact: Rick Mazur, P.Geo., President & CEO mazur@forumenergymetals.com Tel: 604-630-1585 SOURCE

  • Boron One Submits Annex to Geological Elaborate

    VICTORIA, BC / ACCESSWIRE / October 30, 2023 / Boron One Holdings Inc. ("Boron One" or the "Company") (TSXV:BONE), a company committed to advancing the decarbonization of our planet through the responsible management of its boron assets, is pleased to announce the submission of an Annex to its Geological Elaborate to the independent review commission (the "Commission") of the Serbian Mining Ministry. As previously reported by the Company in a press release dated October 4, 2023, the Commission requested that certain additional information be included in the Geological Elaborate in the form of an Annex. Boron One is happy to confirm that has fully complied with this request. Approval of the Elaborate by the Commission is a requisite step in the exploitation licensing process. Tim Daniels, President of Boron One added, "Additionally, in accordance with Serbian Mining regulations and the terms of our exploration license, Boron One has already prepared a Serbian-compliant feasibility study, which can be submitted to the Mining Ministry upon approval of our Geological Elaborate. This will mark the final step in the approval process for the exploitation license, as we look forward to progressing towards the responsible utilization of our valuable boron resources". About the Piskanja Boron Project Piskanja is Boron One Holdings Inc.'s wholly owned boron deposit with a Measured Mineral Resource of 1.39 million tonnes (averaging 35.59% B2O3), an Indicated Mineral Resource of 5.48 million tonnes (averaging 34.05% B2O3), and an Inferred Mineral Resource of 284.7 thousand tonnes (averaging 39.59% B2O3), calculated in accordance with the Canadian Institute of Mining Definition Standards on Mineral Resources and Reserves (CIM Standards), as disclosed in the Company's report titled, "Technical Report and Preliminary Economic Assessment For The Piskanja Borate Project, Serbia, June 24, 2022". The responsible person for the PEA and the Mineral Resource Estimate contained within, is Prof. Miodrag Banješević PhD. P.Geo, EurGeol, a Qualified Person in accordance with the CIM Definition Standards on Mineral Resources and Reserves (CIM Standards), and independent of Boron One Holdings Inc. On behalf of the Board of Directors, Tim Daniels About Boron One Holdings Inc. (formerly known as Erin Ventures Inc.) Boron One Holdings Inc. is a leading company dedicated to advancing the decarbonization of our planet through the responsible utilization of boron assets. With a commitment to environmental stewardship and sustainability, Boron One aims to play a crucial role in reducing the carbon footprint and supporting a cleaner, greener future. Headquartered in Victoria, B.C., Canada, Boron One's shares are traded on the TSX Venture Exchange under the symbol "BONE". For detailed information please see Boron One's website at www.boronone.com or the Company's filed documents at https://www.sedarplus.ca/. For further information, please contact: Blake Fallis, General Manager Phone: 1-250- 384-1999 or 1-888-289-3746 info@boronone.com www.boronone.com Boron's Public Quotations: TSX Venture: BONE Berlin: EKV US: SEC 12G3-2(B) #82-4432ERVFF OTCBB: ERVFF Qualified Persons Nenad Rakic, EurGeol, Piskanja Project Field Manager, a qualified person as defined by NI 43-101, has reviewed the technical information that forms the basis for this news release, and has approved the disclosure herein. 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. For Boron One Holdings Inc. Investors Certain statements made in this press release that are not based on historical information are forward-looking statements that involve substantial known and unknown risks and uncertainties. This press release contains express or implied forward-looking statements relating to, among other things, Boron One's expectations concerning management's plans, objectives and strategies, including its plans for advancing the Company's Piskanja Project through to an exploitation license. These statements are neither promises nor guarantees but are subject to a variety of risks and uncertainties, many of which are beyond our control, and which could cause actual results to differ materially from those contemplated in these forward-looking statements. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Factors that could cause actual results to differ materially from any forward-looking statement include, but are not limited to, failure to convert estimated mineral resources to reserves, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects and the other risks involved in the mineral exploration and development industry. Boron One Holdings Inc. undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise except as expressly required by applicable securities law. Further information regarding the uncertainties and risks can be found in the disclosure documents filed by Boron One with the securities regulatory authorities, available at www.sedar.com. These and other factors made in public disclosures and filings by the Company should be considered carefully. Mineral resources are not mineral reserves and do not have demonstrated economic viability. "Inferred Resources" have a great amount of uncertainty as to their existence, and economic and legal feasibility. Investors are cautioned not to assume that all or any part of an inferred mineral resource reported in this news release will ever be upgraded to a higher category or to reserves. U.S. persons are advised that while mineral resources are recognized under Canadian regulations, the U.S. Securities and Exchange Commission does not recognize them. U.S. persons are also cautioned not to assume that all or any part of an inferred mineral resource is economically or legally mineable. SOURCE

  • Klimat X Announces Receipt of Second Disbursement of Financing for Sierra Leone Rewilding Project

    VANCOUVER, BC, Oct. 26, 2023 /CNW/ - Klimat X Developments Inc. ("Klimat X" or the "Company") (TSXV: KLX) (FSE: Q1C) a leading provider of high-quality carbon credits sourced exclusively from afforestation and reforestation projects developed and owned by the Company and its stakeholders, is pleased to announce the completion of all milestones required for the second disbursement of USD500,000 under the pre-purchase agreement reached with a Fortune 500 company announced on the 14th June, 2023. Klimat X CEO James Tansey stated 'This second milestone showcases our successful planting over the summer of 2023 and demonstrates our ability to meet the standards expected by one of the world's largest carbon credit buyers. This is a major milestone and demonstrates how carbon credits can deliver real reductions in greenhouse gas emissions. Based on the success of the last 12 months of activity we are planning how best to rapidly scale this unique programme of forest restoration.' The company has completed 1000 ha in the 2023 planting season and has submitted the Project Design Document (PDD) for final approval. The funds are dedicated to the ongoing management and maintenance of the 1,400 HA total area planted in 2022 and 2023 and to prepare for the next phase of planting during the rainy season in 2024. Selected indigenous species seeds will be harvested, prepared, sown and nursed to viable seedlings in the companies' nurseries in the leadup to the planting season. All planting and land owner agreements have been overseen by an independent party to ensure that the agreement meet the conditions of Free Prior and Informed Consent. The company has developed a large-scale rewilding reforestation project in Sierra Leone, for an initial area of 5,000 ha, which can be extended by a further 20,000 ha. The initial project area of 5,000 ha will produce up to 1.9m tonnes of validated and verified Verra carbon credits over 30 years. The total pre-purchase amount will be repaid through the delivery of validated and verified carbon credits to the pre-purchaser. The Company has mapped and verified almost 20,000 ha of land for restoration and is working with an NGO, Namati to complete land owner agreements under independently observed Free and Prior Informed Consent. There are large areas of degraded land that could be restored under this same model and the Company is actively developing a mangrove restoration and conservation project covering up to 10,000 ha. About Klimat X Klimat X is an owner and operator of nature-based carbon assets that serves the growing demand for carbon credits from companies seeking to meet their Net Zero goals. The Company achieves this by investing in the exploration, restoration and management of terrestrial and marine systems that can either be protected to enhance the sequestration of greenhouse gases or restored from a degraded status to fully productive ecosystems. The Company's dedication to environmental stewardship and its robust pipeline of carbon credit projects makes it a trusted partner to the largest buyers of carbon credits in the world, in the fight against climate change. Klimat X deploys capital at risk under various arrangements (including cooperation, assignment, and production sharing agreements) with government engagement in various suitable jurisdictions around the world including Sierra Leone, Yucatan, Guyana and Suriname. On behalf of the Board of Directors "James Tansey" James Tansey Chief Executive Officer http://www.klimatx.com Cautionary Note Regarding Forward Looking Statements Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. This press release contains forward-looking statements and forward-looking information (collectively "forward looking statements") within the meaning of applicable securities laws. Any statements that are contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "will", "intends" "expects" and similar expressions which are intended to identify forward-looking information or statements. More particularly and without limitation, this press release contains forward looking statements and information concerning the Offering and the ongoing business of the Company. Klimat X cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of Klimat X including expectations and assumptions concerning the Company and the need for additional capital by the Company through financings, and the risk that such funds may not be raised. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of Klimat X. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. The forward-looking statements contained in this press release are made as of the date of this press release, and Klimat X does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by securities law. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction. For further information: Klimat X Developments Inc., James Tansey, Chief Executive Officer, Email: james.tansey@klimatx.com SOURCE

  • Pegasus Resources Engages Red Cloud Securities Inc for Market Making Services

    VANCOUVER, BC / ACCESSWIRE / October 26, 2023 / Pegasus Resources Inc. (TSXV:PEGA)(Frankfurt:OQS2)(OTC PINK:SLTFF) (the "Company" or "Pegasus") is pleased to announce a significant step in our corporate strategy. We have entered into a services agreement with Red Cloud Securities Inc. (RCSI) for market making services, aligning with our commitment to maintaining a reasonable market and improving the liquidity of our common shares. Under this agreement, RCSI will provide promotional services in accordance with TSX Venture Exchange Policy 3.4. This engagement initially spans twelve months and is subject to renewal on a month-to-month basis thereafter, allowing flexibility in our collaboration. In recognition of RCSI's services, Pegasus will compensate RCSI with an aggregate fee of $5,000 per month during the 12-month term. There are no performance factors contained in the agreement, and RCSI will not receive common shares or options as compensation. Furthermore, RCSI and the Company are unrelated and unaffiliated entities, and at the time of the agreement, neither RCSI nor any of its principals of RCSI have an interest, directly or indirectly, in the securities of the Company. About Pegasus Resources Inc. Pegasus Resources Inc. is a diversified Junior Canadian Mineral Exploration Company with a focus on uranium, gold, and base metal properties in North America. The Company is also actively pursuing the right opportunity in other resources to enhance shareholder value. For additional information, please visit the Company at www.pegasusresourcesinc.com. On Behalf of the Board of Directors: Christian Timmins President, CEO and Director Pegasus Resources Inc. 700 - 838 West Hastings Street Vancouver, BC V6C 0A6 PH: 1-403-597-3410 X: https://twitter.com/MrChris_Timmins X: https://twitter.com/pegasusresinc E: info@pegasusresourcesinc.com Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward Looking Statements Statements included in this announcement, including statements concerning the Company's plans, intentions, and expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward-looking statements." Forward-looking statements may be identified by words including "anticipates," "believes," "intends," "estimates," "expects" and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. SOURCE

  • Zonetail Announces Second Closing of Private Placement of Shares, Payment of Debenture

    Toronto, Ontario--(Newsfile Corp. - October 19, 2023) - Zonetail Inc. (TSXV: ZONE) (OTCQB: ZTLLF) ("Zonetail" or the "Company") is pleased to announce the closing (the "Closing") of the second tranche of a non-brokered private placement of up to $1,000,000 in common shares of the Company at a purchase price of $0.02 per Share (the "Offering"). The Company closed $120,398 of the Offering, to bring the total closing to $345,398. No new insiders were created as a result of the Closing. Additional tranches are expected to close during the coming weeks. The proceeds derived from the sale of the shares will be for the completion of the four major integration projects currently underway as well as general working capital purposes. Assuming aggregate gross proceeds are raised, approximately 15% will be used for non-arm's length salaries, 2% for investor relations, 18% for technology additions and 14% for arm's length salaries. A portion of the Offering may be allocated to investors relying on the "accredited investor" or other exemptions available to Zonetail under National Instrument 45-106 - Prospectus Exemptions. Certain insiders of Zonetail may participate in the Offering; however, the total participation by insiders is not expected to exceed 25% of the Offering. All securities issuable pursuant to the Offering, including the Finders Warrants and the Shares, if any, issuable on their exercise are subject to a four month and one day hold period from the date of issuance in accordance with applicable Canadian securities laws. The Company also wishes to announce that it has appointed Frontier Flex Marketing (2612130 Ontario Ltd.), part of the Frontier Merchant Capital Group ("Frontier"), as a marketing consultant. Frontier is a marketing group with a home office in Toronto, Canada. Frontier will assist the Company by increasing awareness for the Company using a number of market communications initiatives, including through media distribution on national television, radio and multiple on-line channels. Under the terms of the engagement, Frontier has been retained for a 12-month period at $96,000 plus direct expenses, to be paid from general corporate funds. The Company also wishes to announce that it has repaid the balance of its October 16, 2019 debentures plus accrued interest in cash payments of $173,600 and the issuance of an unsecured promissory note in the amount of $24,800, bearing interest at 10% per annum, due December 31, 2024. About Zonetail Zonetail Inc. (TSXV: ZONE) (OTCQB: ZTLLF) is a mobile platform and market network. Our Mission is to provide a state-of-the-art mobile platform that enables high-rise residents to better manage their homes by connecting people to products, amenities, and services. Our Vision is to build a critical mass of users in the hard-to-reach, high rise residential vertical, through a unique mobile market network model - providing vital information, products, and services at the tap of a screen. We are the search engine to optimize your home. Zonetail is partnered with Yardi, Shiftsuite and now MRI Software which together account for an estimated 50 million households across North America. Please visit https://www.zonetail.com. For more information, please contact: Mark Holmes, President and CEO, Zonetail Inc. T: (416) 994-5399 E: mark@zonetail.com Legal Disclaimer and Forward-Looking Statements This press release contains forward-looking statements that relate to Zonetail's current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as "may", "will", "expect", "anticipate", "aim", "estimate", "intend", "plan", "seek", "believe", "potential", "continue", "is/are likely to" or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail's business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate, and, are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements. NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. SOURCE

  • AI/ML's Subsidiary Chosen as Digital Technology Provider for an International Clinical Study

    The International Clinical Study Will Be Funded by European Commission. Highlights: AI/ML's subsidiary, Tech2heal, expands its global footprint with second clinical trial contract - conducted jointly by French and Italian University Hospitals. The clinical trial is funded by a European Commission fund. The study includes a cohort of 1500 volunteer patients in remote areas with limited access to health care. The trial is focused on general preventative care of chronic diseases, and a specific rare neurodegenerative disorder. TORONTO, ON / ACCESSWIRE / October 18, 2023 / AI/ML Innovations Inc. (the "Company") (CSE:AIML)(OTCQB:AIMLF)(FWB:42FB), a company committed to acquiring and advancing Artificial Intelligence/Machine Learning technologies that address urgent societal needs, is pleased to report that its minority-owned subsidiary, Tech2Heal SAS from Paris, France, has announced the following: Tech2heal, a leading innovator of digital healthcare solutions, is thrilled to announce its latest milestone - securing its second clinical trial contract. This time for a groundbreaking clinical trial project named "My Health Friend", a symbol of cross-border cooperation between France and Italy in the realm of preventative health care. Tech2Heal's proprietary Alakin Platform, a highly adaptable care pathway builder, has been chosen as the digital backbone for this pioneering trial that is set to commence in May of 2024. At the heart of the trial is the innovative, multi-language My Health Friend mobile health application, designed to enhance the well-being of a targeted cross-border population through personalized digital rehabilitation - ultimately striving to mitigate the socio-health and economic impact of chronic diseases within geographical regions that have limited access to in-person health care. Key Highlights of the Clinical Trial: 1. Multi-Language Health Mobile Application: "My Health Friend" brings healthcare solutions closer to the people it serves, offering a seamless experience in English, French and Italian, thereby breaking down linguistic barriers. 2. Personalized Digital Rehabilitation: This application puts the power of personalized rehabilitation in the hands of users, providing tailored programs to address individual needs, effectively. 3. Clinical Dashboard for Remote Monitoring: The Alakin clinical dashboard empowers healthcare teams with an efficient tool for remote patient monitoring, ensuring a higher standard of care, even at a distance. Clinical Trial Primary Objectives: 1. Gauging User Satisfaction and Usage: The first objective is to gather critical data on user satisfaction levels regarding the application and its associated website. In a significant and inclusive move, the trial targets the general population of the transalpine territories of France and Italy. It allows free usage of the application and includes a substantial group of 1000-1500 individuals, spanning an 18-month period, guaranteeing comprehensive and robust results. 2. Assessing Well-being and Quality of Life Impact: The second objective is to assess the impact on well-being and quality of life over a 6-month period. Participants using the application and associated website will provide invaluable insights into how this innovative technology enriches their lives. About Tech2heal https://www.tech2heal.com/ Tech2heal's Alakin Digital Health Platform is at the forefront of transforming healthcare delivery, empowering healthcare professionals, researchers, and institutions with advanced tools and automation. The platform's AI-powered capabilities facilitate a shift towards patient-centered care, improving outcomes and alleviating the global scarcity of healthcare professionals. About AI/ML Innovations Inc. https://aiml-innovations.com/ AI/ML Innovations Inc. has realigned its business operations to capitalize on the burgeoning fields of artificial intelligence (AI) and machine learning (ML), with an initial investment focus on emerging digital health and wellbeing companies that leverage AI, ML, cloud computing and digital platforms to drive transformative healthcare management solutions and precision support delivery across the health continuum. Through strategic partnerships with Health Gauge (95.2% owned by AIML), Tech2Heal (up to 22% ownership rights, with 12.44% currently owned by AIML), AI Rx Inc. (70% owned by AIML) and other planned accretive investments, the Company continues to capitalize on expanding growth areas, to the benefit of all the Company's stakeholders. AI/ML's shares are traded on the Canadian Securities Exchange under the symbol "AIML", the OTCQB Venture Market under "AIMLF", and the Frankfurt Stock Exchange under "42FB". On behalf of the Board of Directors Tim Daniels, Executive Chairman For more information about AI/ML Innovations: For detailed information please see AI/ML's website or the Company's filed documents at www.sedar.com. For further information, contact: Blake Fallis at (778) 405-0882 or info@aiml-innovations.com. Neither the CSE nor its 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 AI/ML Innovations Investors Certain statements made in this press release that are not based on historical information are forward-looking statements that involve substantial known and unknown risks and uncertainties. This press release contains express or implied forward-looking statements relating to, among other things, AI/ML Innovations' expectations concerning management's plans, objectives and strategies, including strategies for defending the Company's intellectual property. These statements are neither promises nor guarantees but are subject to a variety of risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from those contemplated in these forward-looking statements. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. AI/ML Innovations Inc. undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise except as expressly required by applicable securities law. Further information regarding the uncertainties and risks can be found in the disclosure documents filed by AI/ML with the securities regulatory authorities, available at www.sedar.com. SOURCE

  • Sonoro Files Preliminary Economic Assessment

    VANCOUVER, Canada, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Sonoro Gold Corp. (TSXV: SGO | OTCQB: SMOFF | FRA: 23SP) (“Sonoro” or the “Company”) is pleased to report the filing of a technical report titled “NI 43-101 Technical Report for the Preliminary Economic Assessment on the Cerro Caliche Project, Sonora, Mexico” (the “PEA”) with an effective date of August 28, 2023. The PEA has been prepared in accordance with the requirements of National Instrument 43-101 (“NI 43-101”) by D.E.N.M. Engineering Ltd. of Burlington, Ontario (“D.E.N.M.”) and Micon International Limited of Toronto, Ontario (“Micon”) with confirmation of the applicable resource estimates prepared by SRK Consulting (U.S.) Inc. of Denver, Colorado (“SRK”). The PEA demonstrates the potential viability for a nine-year life of mine (“LOM”), open pit, heap leach mining operation with an initial two-year production rate of 4,000 metric tonnes per day (“mtpd”) and an increase to 12,000 mtpd for the remaining LOM. The PEA can be found under the Company’s profile at www.sedarplus.ca and on Sonoro’s website at www.sonorogold.com. PEA Highlights: Pre-Tax net present value discounted at 5% (“NPV5”) of USD $71.4 million Pre-Tax Internal Rate of Return (“IRR”) of 59% After-Tax NPV5 of USD $47.7 million with an IRR of 45% Gold recovery of 72% and silver recovery of 27% 9-year LOM with 297,575 ounces (“oz”) of gold equivalent (“AuEq”) LOM annual average production of 33,000 oz AuEq at 0.45 g/t AuEq Initial CAPEX costs of USD $15.5 million, including USD $1.83 million in contingency Sustaining capital costs of USD $15.5 million Cash(1) operating costs of USD $1,295/oz AuEq AISC(2) of USD $1,395/oz AuEq Payback period of 2.9 years Note: All currencies are reported in U.S. dollars. Base case parameters assume $1,800/oz gold and $23/oz silver. (1) Cash operating costs include mining, crushing, processing, assaying and administration. (2) All-in-Sustaining Costs include cash costs plus sustaining, refining and reclamation costs, as well as 2% royalty buyout. Mineral Resource Estimate The PEA utilizes the updated Mineral Resource Estimate (MRE) contained in the technical report prepared by SRK and titled “NI 43-101 Technical Report: Mineral Resource Estimate, Cerro Caliche Project, Sonora, Mexico” with an effective date of January 26, 2023 and report date of March 24, 2023. The updated MRE is based on a total 55,360 meters of drilled data, including 498 drill holes, 17 trenches and assays for 53,865 meters of the drilled data. PEA Summary The PEA is preliminary in nature and includes inferred resources that are considered too speculative to have the economic considerations applied to them that would enable them to be categorized as mineral reserves and there is no certainty the estimates presented in the PEA will be realized. Qualified Person Statement David Salari, P.Eng. of D.E.N.M. Engineering Ltd., Christopher Jacobs, CEng, MIMMM, Kerrine Azougarh, P.Eng. and William Lewis, P.Geo. of Micon International Limited, and Doug Reid, P. Eng. of SRK Consulting (U.S.) Inc. are independent of the Company and are Qualified Persons as defined in NI 43-101. Sonoro Director, Stephen Kenwood, P.Geo., is a Qualified Person within the context of NI 43-101 and has read and approved this news release. About D.E.N.M. Engineering Limited D.E.N.M. Engineering Ltd. is a niche engineering company servicing the mining / mineral processing sector that specializes in Engineering & Design, Equipment Supply, Project & Construction Management, Commissioning and Operations Support. D.E.N.M. Engineering Ltd. has proven success while championing projects for over fifteen years in Canada, USA, Mexico and Central America. In addition, D.E.N.M. Engineering, with its principal and independent specialists, performs NI 43-101 compliant assessments and studies in the sections of mineral processing metallurgical design, process design, capital and operating costing and cash flow analysis. About Micon International Limited Micon International Limited (Micon) has provided consulting services to the worldwide mining industry since 1988 from its offices in Canada and the UK. Micon comprises a multi-disciplinary group of highly qualified and experienced professionals who are guided by the Company principles of Integrity, Competence and Independence. Micon’s experience in Mexico ranges from exploration programs and resource estimation to technical studies on operating mines, as well as due diligence for precious metals and base metals projects. Micon has worked in most of the major mining districts throughout Mexico, as well as some lesser-known historical districts. In northern Mexico, assignments have been undertaken in the gold and silver districts of Sonora, Durango, Zacatecas, Chihuahua and Baja California. About SRK Consulting (U.S.), Inc. SRK Consulting is an independent international mining consultancy firm, which provides focused advice and solutions to clients in the earth and water resource industries. The company has contributed to its clients' success for over 45 years in over 20,000 projects globally. It is based across 45 offices worldwide with leading mining specialists in fields such as due diligence, technical studies, mine waste and water management, permitting and mine rehabilitation. About Sonoro Gold Corp. Sonoro Gold Corp. is a publicly listed exploration and development Company holding the near-development-stage Cerro Caliche project and the exploration-stage San Marcial project in Sonora State, Mexico. The Company has highly experienced operational and management teams with proven track records for the discovery and development of natural resource deposits. On behalf of the Board of Sonoro Gold Corp. Per: “Kenneth MacLeod” Kenneth MacLeod President & CEO For further information, please contact: Sonoro Gold Corp. - Tel: (604) 632-1764 Email: info@sonorogold.com Forward-Looking Statement Cautions: This press release may contain "forward-looking information" as defined in applicable Canadian securities legislation. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding the future exploration and development on the Cerro Caliche project, and future plans and objectives of the Company, constitute forward looking information that involve various risks and uncertainties. Forward-looking information is based on a number of factors and assumptions which have been used to develop such information, but which may prove to be incorrect, including, but not limited to, assumptions in connection with the continuance of the Company and its subsidiaries as a going concern, general economic and market conditions, mineral prices and the accuracy of Mineral Resource Estimates. There can be no assurance that such information will prove to be accurate and actual results and future events could differ materially from those anticipated in such forward-looking information. Important factors that could cause actual results to differ materially from the Company's expectations include exploration and development risks associated with the Company’s projects, the failure to establish estimated Mineral Resources, volatility of commodity prices, variations of recovery rates, and global economic conditions. The forward-looking information contained in this release is made as of the date of this release. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law or the policies of the TSX Venture Exchange. Readers are encouraged to review the Company’s complete public disclosure record on SEDAR at www.sedar.com. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. . SOURCE

  • Visionstate Announces Three-Year Contract with Bunzl Canada for Exclusive Distribution of WandaNEXT

    New contract expected to double existing revenue in Canada Edmonton, Alberta - TheNewswire - October 16, 2023 - Visionstate Corp. (TSXV:VIS) (“Visionstate” or the “Company”), is pleased to announce that its wholly-owned subsidiary, Visionstate IoT Inc., has entered into a new three-year contract with Bunzl Canada Inc. (Bunzl Canada) for the exclusive distribution of the Company's proprietary WandaNEXT product. The agreement grants Bunzl Canada exclusive distribution rights for Canada, Australia, and the UK, while Visionstate IoT will handle direct sales into the U.S. utilizing its existing internal sales resources. The new contract represents a significant milestone for Visionstate IoT and is expected to double existing revenue associated with the exclusive distribution rights in the Canadian market. Furthermore, it opens new territories internationally, reinforcing the Company's commitment to expanding its footprint in the global facility-management sector. WANDA™, Visionstate's flagship product, is an application widely used across various industry sectors to monitor cleaning protocols and enhance overall efficiency in delivering building services. The technology has proven instrumental in elevating standards of cleanliness and operational excellence. Commenting on the milestone, John Putters, CEO of Visionstate Corp., stated, "We are thrilled to extend our partnership with Bunzl Canada and strengthen our position in the global market. This new three-year contract not only underscores the value of our product but also marks a significant step towards achieving our strategic objectives. We look forward to continuing to work in conjunction with Bunzl Canada to drive innovation and deliver cutting-edge solutions to our clients." The agreement includes revenue-sharing arrangements in the three distribution territories, fostering a mutually beneficial partnership between Visionstate Corp. and Bunzl Canada. The collaboration extends beyond distribution, as both companies work closely on the ongoing development and enhancement of the WandaNEXT platform. Visionstate leverages its expertise in innovative development, while Bunzl Canada contributes its extensive global distribution network for sales and marketing initiatives. “We are very excited about the new capabilities the next phase of our partnership with Visionstate will bring to our customers,” said Margo Hunnisett, Vice President, Marketing & Communications at Bunzl Canada. “Technology is transforming the cleaning industry and we are committed to continually positioning ourselves at the forefront, introducing innovations that empower our customers to be more efficient, more effective, and more sustainable.” About Visionstate Corp. Visionstate Corp. (TSXV: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Visionstate IoT Inc. is a wholly-owned subsidiary of Visionstate Corp. Through Visionstate IoT Inc., it helps businesses improve operational efficiencies, reduce costs, and elevate customer satisfaction with its state-of-the-art devices that track and monitor guest activities and requests. The footprint of its WANDA™ smart device now extends to hospitals, airports, shopping centres, and other public facilities across and beyond North America. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact, and transform consumer experiences. Issued on behalf of the Board of Directors, “John A. Putters” Visionstate Corp. To learn more, please contact: Visionstate IoT Inc. Shannon Moore, President Email: shannon@visionstate.com Tel: 780-425-9460 CHF Capital Markets Kathy Chapman Email: kc@chfir.com Tel: 416-868-1079 x 234 Twitter: @visionstate Facebook: @visionstate LinkedIn: Visionstate Corp. 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. Forward-Looking Statements Certain information set forth in this material may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws. SOURCE

  • Pegasus Resources Receives Drilling Permit for Pine Channel

    Vancouver, BC - TheNewswire - October 12, 2023 - Pegasus Resources Inc. (TSX-V:PEGA)(Frankfurt:OQS2)(OTC:SLTFF) (the "Company" or "Pegasus")is thrilled to announce the receipt of the Pine Channel Mineral Exploration Permit for Diamond Drilling from the Saskatchewan Ministry of Environment for the upcoming exploration program at its Pine Channel Uranium Project, situated in the Athabasca Basin region of northern Saskatchewan. This pivotal step sets the stage for our maiden drill program at Pine Channel. Click Image To View Full Size These permits, including Crown Land Work Authorization, Forest Product Permit, and Aquatic Habitat Protection Permit, come with a set of conditions that aim to address concerns voiced by local First Nations communities. These conditions cover various aspects, including caribou protection, specific site locations, and impacts on traditional land users. We are committed to maintaining an ongoing dialogue with these communities to prevent and mitigate concerns while fostering open communication. The approved permits enable us to carry out essential work, including the clearance of up to six land drill holes with pads not exceeding 400m2 in size. The Pine Channel Uranium property holds immense promise, featuring shallow depths to the basement from the surface, historical exploration identifying conductive trends, and drilling that discovered anomalous uranium. Previous work involved a ground radon and ground gravity survey. These methods have proven successful in identifying exploration targets that have led to significant uranium discoveries around the Athabasca Basin. Pegasus Resources expresses its gratitude to all stakeholders and the Ya’ thi Néné Lands and Resources (YNLR) office, representing northern communities and First Nations groups, for their cooperation and support. We are excited to embark on this exploration phase and will ensure that all work is conducted responsibly and in line with environmental preservation principles. Further updates on our progress will be provided as we move forward. About Pegasus Resources Inc. Pegasus Resources Inc. is a diversified Junior Canadian Mineral Exploration Company with a focus on uranium, gold, and base metal properties in North America. The Company is also actively pursuing the right opportunity in other resources to enhance shareholder value. For additional information, please visit the Company at www.pegasusresourcesinc.com On Behalf of the Board of Directors: Christian Timmins President, CEO and Director Pegasus Resources Inc. 700 – 838 West Hastings Street Vancouver, BC V6C 0A6 PH: 1-403-597-3410 X: https://twitter.com/MrChris_Timmins X: https://twitter.com/pegasusresinc E: info@pegasusresourcesinc.com Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward Looking Statements Statements included in this announcement, including statements concerning the Company's plans, intentions, and expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward-looking statements." Forward-looking statements may be identified by words including "anticipates," "believes," "intends," "estimates," "expects" and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. SOURCE

  • AI/ML Innovations Inc. Announces Settlement of Debt

    TORONTO, ON / ACCESSWIRE / October 11, 2023 / AI/ML Innovations Inc. (the "Company") (CSE:AIML)(OTCQB:AIMLF)(FWB:42FB), a company committed to acquiring and advancing Artificial Intelligence/Machine Learning technologies that address urgent societal needs, announced that it has entered into a Debt Settlement Agreement with Tormin Resources Limited of Roslin, Ontario (the "Creditor"). The Company owes the Creditor an aggregate amount of $733,441, plus $68,500 in accrued fees, for a total amount of $801,941.00 (the "Debt") pursuant to a loan. The Company and the Creditor have entered into a Debt Settlement Agreement dated October 11, 2023, wherein the Creditor has agreed to accept a cash payment of $70,000 in full and complete settlement of the debt. For more information about AI/ML Innovations: For detailed information please see AI/ML's website or the Company's filed documents at www.sedarplus.ca/ For further information, contact: Blake Fallis at (778) 405-0882 or info@aiml-innovations.com. About AI/ML Innovations Inc. https://aiml-innovations.com/ AI/ML Innovations Inc. has realigned its business operations to capitalize on the burgeoning fields of artificial intelligence (AI) and machine learning (ML), with an initial investment focus on emerging digital health and wellbeing companies that leverage AI, ML, cloud computing and digital platforms to drive transformative healthcare management solutions and precision support delivery across the health continuum. Through strategic partnerships with Health Gauge (95.2% owned by AIML), Tech2Heal (up to 22% ownership rights, with 12.44% currently owned by AIML), AI Rx Inc. (70% owned by AIML) and other planned accretive investments, the Company continues to capitalize on expanding growth areas, to the benefit of all the Company's stakeholders. AI/ML's shares are traded on the Canadian Securities Exchange under the symbol "AIML", the OTCQB Venture Market under "AIMLF", and the Frankfurt Stock Exchange under "42FB". On behalf of the Board of Directors Tim Daniels, Executive Chairman THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY SECURITIES IN ANY JURISDICTION, NOR SHALL THERE BE ANY OFFER, SALE, OR SOLICITATION OF SECURITIES IN ANY STATE IN THE UNITED STATES IN WHICH SUCH OFFER, SALE, OR SOLICITATION WOULD BE UNLAWFUL. Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. SOURCE

bottom of page