Rare earth developer Tactical Resources set for US listing with SPAC deal
Vancouver-based rare earths developer Tactical Resources (TSXV: RARE) is set to go public on the Nasdaq stock market through a merger with Plum Acquisition Corp. III (NASDAQ: PLMJ), a US-listed blank-check firm. Tactical is currently developing the Peak project located southeast of El Paso, Texas, with the aim of becoming the next rare earth elements […]
Carlyle Closes Unit Offering and Announces Share Issuances to Consultant – Carlyle Commodities
Carlyle Commodities Corp. has completed the second and final tranche of its non-brokered private placement, raising $249,000 by issuing 6,225,000 units at $0.04 each. Combined with the first tranche, total proceeds reached $349,000. Each unit includes one common share and one warrant, allowing the purchase of additional shares at $0.10 for three years. The funds […]
VERSES Announces NRI Transitions to GENIUS™
VERSES AI Inc. has announced that NRI USA, LLC will transition to the GENIUS Beta program, moving away from their previous SaaS contract. Gabriel René, CEO of VERSES, highlighted NRI’s early adoption and the evolution of their offerings to encompass a more comprehensive platform. NRI’s CEO, Pete McKenna, expressed excitement about leveraging GENIUS’s reasoning capabilities […]
Electrovaya Reports Third Quarter FY2024 Financial Results
Continued gross margin growth, Revenue of $10.3 million, Adjusted EBITDA1 of $0.6 million. Progress in meeting strategic financing objectives including refinancing existing working capital facilities and in negotiations with a US federal agency with regards to financing planned Jamestown, New York lithium-ion battery manufacturing facility Electrovaya Inc. (“Electrovaya” or the “Company”)(Nasdaq: ELVA, TSX: ELVA), a […]
Alaska Energy Metals Provides Update to Previously
Alaska Energy Metals Corporation has canceled its previously announced offering of Special Warrants and Units at $0.17, due to market conditions. The new offering will take place at $0.15, aiming to raise up to $5 million. Each Special Warrant converts into a Unit, which includes one common share and one warrant, with the warrant allowing […]
Alaska Energy Metals to Undertake Special Warrant and Unit
Not for distribution to United States newswire services or for release publication, distribution, or dissemination directly, or indirectly, in whole or in part, in or into the United States. Highlights: Alaska Energy Metals announces a new offering of $0.17 Special Warrants and Units for up to CAD$5,000,000 in proceeds. Proceeds to be used primarily for […]
VERSES Publishes Pioneering Research Demonstrating More
VERSES AI Inc. has published a paper introducing Renormalizing Generative Models (RGMs), led by Chief Scientist Dr. Karl Friston. RGMs offer an efficient alternative to traditional AI methods, addressing issues like versatility, efficiency, and accuracy through a physics-based approach known as active inference. This framework enables intelligent systems to learn and make complex decisions with […]
Alaska Energy Metals Announces Advisory Committee Changes
On July 29, 2024, Alaska Energy Metals Corporation announced the reformulation of its Advisory Committee to enhance its goal of becoming a key domestic supplier of critical energy-related metals in North America. President & CEO Gregory Beischer emphasized the Committee’s expertise in capital markets, U.S. policy, and geology. Notable members include Paul Matysek, strategic mineral […]
Alaska Energy Metals Announces Marketing Program Addition
Alaska Energy Metals Corporation (AEMC) has expanded its marketing agreement with Gold Standard Media, increasing their payment from USD $150,000 to $250,000 for enhanced financial publishing and digital marketing services. Gold Standard, a Texas-based firm, will continue to operate independently from AEMC. As of now, certain affiliates of Gold Standard own approximately 2.55 million shares […]
VERSES Recognized in Gartner’s 2024 Hype Cycle for
VERSES AI Inc. has been recognized in Gartner’s 2024 Hype Cycle for Artificial Intelligence, highlighting its innovative First Principles AI (FPAI). CEO Gabriel René expressed honor to be mentioned alongside respected companies like Nvidia. The report categorizes FPAI as “On the rise” and “Transformational,” stating it enhances data efficiency, reduces training time, and boosts model […]