Thursday, April 27, 2023

QualityStocksNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Positioned as Observers Expect Copper to Become the ‘New Precious/Industrial Metal’

 McEwen Mining (NYSE: MUX) (TSX: MUX) owns 51.9% of McEwen Copper, a base metal developer that is looking to solve the copper supply bottleneck by advancing its 100%-owned Los Azules Project in the San Juan province of Argentina. The project hosts a copper-gold-silver deposit whose ultimate depth and lateral extent are yet to be fully determined. “A more recent Preliminary Economic Assessment (‘PEA’) completed in 2017 highlights the project’s robust economics. The project’s average annual production throughout the first 13 years of operation is expected to be about 415 million pounds of copper at a cash cost of $1.14 per pound, placing it within the lowest cost quartile,” a recent article reads. “Tellingly, the cost is much lower than the prevailing market price of copper, further boosting the project’s economic prospects. And with the supply bottlenecks and increased demand expected to influence a continuous uptrend, the outlook appears positive. In fact, according to the article in Investing News, as the need for copper continues to grow, observers believe the red metal will become ‘the new precious/industrial metal – and it’s going to have an importance that’s equivalent to some of the more attractive metals, such as gold and silver.’”

To view the full article, visit https://ibn.fm/nxqi9

About McEwen Mining Inc.

McEwen Mining is a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina. In addition, it has large exposure to copper through its 52% ownership of McEwen Copper, which owns the advanced stage Los Azules copper project in Argentina. The company’s goal is to improve the productivity and extend the life of its mines with the objective of increasing its share value and price and providing a yield. Rob McEwen, chairman and chief owner, has personal investment in the company of US$220 million. His annual salary is US$1. To learn more about the company, visit www.McEwenMining.com.

NOTE TO INVESTORS: The latest news and updates relating to MUX are available in the company’s newsroom at http://ibn.fm/MUX

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.qualitystocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

QualityStocksNewsBreaks – Cepton Inc. (NASDAQ: CPTN) Expands Proprietary Chipset for Automotive Lidar with Release of Komodo

 Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, today announced the release of Komodo, its proprietary lidar point cloud processor ASIC (Application-Specific Integrated Circuit) chip. A highly integrated custom SoC, developed by Cepton in California, Komodo is designed to maximize the technical advantages of Cepton’s patented lidar architecture to significantly improve point cloud quality while replacing several merchant silicon devices to dramatically reduce cost. Supported by the company’s deep experience in industrializing automotive lidar for volume production through its flagship ADAS lidar series production program, Komodo successfully achieved production-ready status and is expected to begin shipping in the second quarter of 2023. “Our goal is to ultimately offer our customers a customizable black-box solution with built-in perception capabilities,” said Dr. Jun Pei, CEO and co-founder of Cepton. “Since 2019, we’ve had a vision of developing a comprehensive chipset through a series of ASICs covering front-end signal processing, back-end point cloud processing and eventually perception capabilities all within the lidar unit. We started with our own signal processor ASIC, Iguana, and now we are proud to unveil Komodo.”

To view the full press release, visit https://ibn.fm/nxFxC

About Cepton Inc.

Cepton is a Silicon Valley innovator of lidar-based solutions for automotive (“ADAS/AV”), smart citiessmart spaces and smart industrial applications. With its patented lidar technology, Cepton aims to take lidar mainstream and achieve a balanced approach to performance, cost and reliability, while enabling scalable and intelligent 3D perception solutions across industries. Cepton has been awarded a significant ADAS lidar series production award with Koito on the General Motors business. Cepton is engaged with all top 10 global OEMs. Founded in 2016 and led by industry veterans with decades of collective experience across a wide range of advanced lidar and imaging technologies, Cepton is focused on the mass market commercialization of high-performance, high-quality lidar solutions. Cepton is headquartered in San Jose, California, and has a center of excellence facility in Troy, Michigan, to provide local support to automotive customers in the Metro Detroit area. Cepton also has a presence in Germany, Canada, Japan, India and China to serve a fast-growing global customer base. For more information, visit the company’s website at www.Cepton.com.

NOTE TO INVESTORS: The latest news and updates relating to CPTN are available in the company’s newsroom at https://ibn.fm/CPTN

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.qualitystocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

QualityStocksNewsBreaks – BiondVax Pharmaceuticals Ltd. (NASDAQ: BVXV) Featured in Equity Research Report

 BiondVax (NASDAQ: BVXV), a biotechnology company focused on developing, manufacturing and commercializing innovative immunotherapeutic products primarily for the treatment of infectious and autoimmune diseases, was featured in an equity research report published by Aegis Capital Corp. In the report, Aegis Capital maintained a buy rating for BVXV at a $70 target price. The publication reads, “R&D expenses for 2022 of $5.8 million were in-line with our expectations and G&A expenses were a bit higher than estimated at $5.3 million. We believe R&D expenses could rise to $7 million in 2023 as the company licenses additional NanoAb candidates and assuming that a Phase 1/2a clinical trial for the anti-COVID-19 NanoAb begins this year. We expect G&A expenses to remain stable.”

To request access to the full report, visit https://ibn.fm/mD1Dv

About BiondVax Pharmaceuticals Ltd.

BiondVax is a biopharmaceutical company focused on developing, manufacturing and commercializing innovative immunotherapeutic products primarily for the treatment of infectious and autoimmune diseases. Since its inception, BiondVax has executed eight clinical trials including a seven-country, 12,400-participant phase 3 trial of its prior vaccine candidate and has built a state-of-the-art manufacturing facility for biopharmaceutical products. With highly experienced pharmaceutical industry leadership, BiondVax is aiming to develop a pipeline of diversified and commercially viable products and platforms beginning with an innovative nanosized antibody (“NanoAb”) pipeline. For more information, visit the company’s website at www.BiondVax.com.

NOTE TO INVESTORS: The latest news and updates relating to BVXV are available in the company’s newsroom at https://ibn.fm/BVXV

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.qualitystocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

Data Breaches on Massive Annual Scale Underscore Importance of Cybersecurity Service SideChannel Inc. (SDCH) Delivers to SMBs

 

  • An estimated 30,000 website data breaches occur each day on average
  • Hacker targets include everyone online, ranging from small businesses to large and complex government agencies
  • Massachusetts-based SideChannel Inc. delivers the services of chief information security officers (“CISOs”) on a contract basis to companies that don’t have budget capacity to maintain CISOs on staff full-time but desire protection against cyber threats
  • SideChannel’s virtual CISOs work alongside company board officers to assess and strategically target operational risks
  • SideChannel announced a strategic partnership last month with automated supply chain risk management platform developer Darkbeam that will strengthen SideChannel’s service offering

Cyber threats have become a standard concern for businesses working to maintain their operational integrity, with hackers accounting for an estimated 30,000 websites that are compromised on average each day. Techjury reported that the entire cost of cyberattacks in 2022 was $6 trillion and that the figure is expected to rise to $10.5 trillion by 2025 (https://ibn.fm/TjyS7).

The recent leak of timely international intelligence-related documents classified as not available for public review by the U.S. government’s information-gathering agencies has demonstrated that even government experts in the field are vulnerable to the possibility of data breaches and costly consequences resulting from the breaches, whether cyber-based or not, emphasizing the critical importance of information security (https://ibn.fm/rPEZH).

Cybersecurity services and technology provider SideChannel (OTCQB: SDCH) is building a brand designed to help organizations protect themselves from online threats.

“The cybersecurity profession is now akin to legal, and accounting, and insurance (operational divisions),” SideChannel CEO Brian Haugli stated in a live company webcast recently (https://ibn.fm/XYXl1). “When we look inside of organizations at the enterprise level we see the CISO (chief information security officer) right there with HR (Human Resources), and GC (General Contracting), and Internal Audit and other C-suite members for a reason. Because that’s how important it is for that organization’s success to address cybersecurity as an operational risk at an enterprise level.”

SideChannel’s flagship service is providing “virtual” CISOs as hired cybersecurity guns for companies unable to maintain an experienced cybersecurity leader on staff full-time. The vCISOs can work alongside a company’s officers in the boardroom to provide information and analysis on current threats to the company’s systems.

“We can deliver an entire program and manage that for the mid-market, because that’s how the mid-market buys. That’s what they’re looking for,” Haugli said during the webcast. “They really want, not just the tools, they don’t want just the capability and then (for us to) walk away. They want a partner who can come in and manage and run that for them.”

SideChannel strengthened its offering last month when it announced a strategic partnership with London-based cyber intelligence provider Darkbeam to deliver stronger intelligence-led cyber risk management programs to businesses looking to protect their own operations as well as the provenance of their supply chains (https://ibn.fm/06kZP).

The Darkbeam partnership also helps companies access timely direction on cyber risk management during the merger and acquisition process, and insurance underwriting regarding cyber risks, thanks to Darkbeam’s automated vulnerability assessments service as well as monitoring of the dark web for data exposure.

Darkbeam’s Watchlist feature allows Category Managers to continuously monitor suppliers over time and assess any changes to risk levels within a supplier.

For more information, visit the company’s website at www.SideChannel.com.

NOTE TO INVESTORS: The latest news and updates relating to SDCH are available in the company’s newsroom at https://ibn.fm/SDCH

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

QualityStocks (QS)
Scottsdale, Arizona
www.qualitystocks.comw
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) to Invest $75 Million to Establish North America’s First Modern Technology REE Separation And Purification Facility in Alexandria, Louisiana

 

  • Ucore recently announced it is investing $75 million over the next four years to set up the Louisiana Strategic Metals Complex (“LSMC”) REE separation and oxide production facility
  • The facility will cover a footprint of 80,800 square feet and will be located within the England Airpark Community complex in Alexandria, Louisiana
  • Ucore expects to produce 7,500 tons per annum of total rare earth oxide (“TREO”) throughput and create 100 family-wage paying jobs
  • The facility is one of three strategic metals complexes that Ucore plans to set up across North America as part of efforts to help the continent take charge of REEs and other critical elements that are necessary as the world introduces electric vehicles and electrification

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a company engaged in the exploration for and separation and scalable production of rare earth elements (“REEs”) in Canada and the United States, recently announced it is investing $75 million in capital expenditure (“CapEx”) over the next four years to establish North America’s first modern technology REE separation and purification facility at the England Airpark Community in Alexandria, Louisiana. The investment will result in the establishment of the Louisiana Strategic Metals Complex (“LSMC”) REE separation and oxide production facility, whose construction is scheduled to begin this year. Once completed, the facility will create 100 family-wage paying jobs (by 2027).

“This project has been a year in the making from an economic development standpoint,” company Chairman and CEO Pat Ryan, P.Eng., said in his opening remarks during an in-person meeting where the company made the announcement. In fact, according to company Vice President and COO Michael Schrider, MEng, P.E., Ucore began its search for a location by looking at the wider Gulf Coast region before narrowing it down to Louisiana. Here, the company engaged numerous local economic development agencies and communities as it worked on down-selecting twenty potential brownfield facilities that expressed interest in housing the LSMC.

“We started with 20 different facilities on which we did a desktop search. We narrowed those 20 down to 10. Peter Manuel [Ucore’s Vice President, Chief Financial Officer, and Corporate Secretary] and I actually came down to the state. We visited each of those facilities around the entire state, and since then, we have just been narrowing this down from ten to two, and now, this facility in Alexandria. We are very excited to be here,” Schrider explained in his portion of the presentation.

The facility Ucore finally selected covers a footprint of 80,800 square feet within the England Airpark Community complex, run by the England Authority. Per a recent press release, the selection was based on the fact that the Alexandria facility met four criteria: engineering fitness and expansion capabilities; environmental assessment and permitting; community integration; and commercial terms (https://ibn.fm/AYpOw). Moreover, the facility is larger than Ucore had initially anticipated, and as a result, the company plans to revise its maximum production rate upwards from 5,000 to 7,500 tons per annum of total rare earth oxide (“TREO”) throughput. Initially, however, the company plans a phase one production rate of about 2,000 tons per year, according to Schrider.

The updated maximum production rate has been met with acclaim, with the Louisiana Economic Development (“LED”), a body responsible for strengthening the state’s business environment and creating a more vibrant Louisiana economy, for instance, preparing an amended non-binding Letter of Intent (“LOI”) committing to add a potential $0.9 million grant for infrastructure costs in consideration of the updated facility. The company received and accepted the LOI.

The LSMC is part of Ucore’s efforts to focus on the midstream section of the REE supply chain, in what is aimed at helping wean North America and the world off its dependence on China for REE processing. “Over 90% of the processing takes place in China, and China dominates the REE industry. That’s not a negative; it is just that they have done a much better job of planning their future than we have, and Ucore is trying to change that narrative by focusing on the processing of REE,” Schrider continued.

To beat China at its own game, Ucore is targeting efficiency by using an improved processing method. Presently, Schrider noted, virtually every commercial rare earth plant in the world utilizes the solvent extraction (“SX”) method of separating REEs. However, on its part, the company intends to deploy “a new and highly efficient critical metal separation technology called RapidSX(TM),” which is based on the conventional SX method. One key advantage of the new technology over the conventional method is speed. According to a YouTube video explaining the technology, “RapidSX(TM) is at least three times faster, which significantly reduces plants’ physical and environmental footprint, CapEx, and OpEx. Moreover, any metal that can be separated with SX can be separated with RapidSX(TM)” (https://ibn.fm/2jFYx).

Ucore is in the process of commissioning its RapidSX(TM) Demonstration Plant located within its RapidSX(TM) Commercialization and Demonstration Facility in Kingston, Ontario. In early March, it hosted dozens of industry and government visitors for private tours and presentations in which the company demonstrated the operational advantages of the RapidSX(TM) 52-stage REE separation system (https://ibn.fm/FikgA).

The demonstration plant can process about 80 tons per year of TREO throughput if it is run around the clock, according to Schrider, who added that the plant will act as a copy-and-paste template for what the company plans to set up in Louisiana. Except the Louisiana facility will be slightly larger. The LSMC will, for instance, feature larger equipment, such as 24-inch contactor-separator columns, compared to the 4-inch columns used in the demonstration plant (refer to the March 16 press release for pictorial reference). Once production commences, each large column will be capable of producing a higher annual TREO throughput, with Schrider putting the figure at about 1,750 tons.

Ucore plans to build three SMCs strategically located across North America. “And with that, we are trying to make sure that North America has the ability to take charge of REEs and other critical elements that are necessary as the world introduces electric vehicles and electrification alongside the use of fossil fuels,” Schrider continued. The company intends to manufacture REE oxides from mixed earth concentrates received from US-friendly sources all over the world.

For more information, visit the company’s website at www.Ucore.com.

NOTE TO INVESTORS: The latest news and updates relating to UURAF are available in the company’s newsroom at https://ibn.fm/UURAF

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

QualityStocks (QS)
Scottsdale, Arizona
www.qualitystocks.comw
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php