Investors Watching AI Stocks as NVIDIA Corporation (NASDAQ: $NVDA) set to report earnings; Stocks Mentioned - $KSUM.V; $ALSCF, $SMCI, $NVDA, $VRSSF; $VERS.NE @AlsetAI @nvidia @Supermicro_SMCI @helloVERSES

Investors Watching AI Stocks as NVIDIA Corporation (NASDAQ: $NVDA) set to report earnings; Stocks Mentioned - $KSUM.V; $ALSCF, $SMCI, $NVDA, $VRSSF; $VERS.NE @AlsetAI @nvidia @Supermicro_SMCI @helloVERSES

Alset Capital Inc. (TSXV: KSUM) (OTC: ALSCF), Super Micro Computer, Inc. (NASDAQ: SMCI),VERSES AI (CBOE Canada: VERS) (OTCQX:VRSSF) in the news

 

May 21, 2024 – Investorideas.com, a global investor news source covering Artificial Intelligence (AI) and technology stocks releases a snapshot looking at the evolution and integration of AI solutions to make businesses more efficient and profitable. Looking at some of the stocks in the sector from recently listed companies like Alset Capital Inc. (TSXV:KSUM) (OTC :ALSCF) (FSE:1R60), to established global leaders, recent revenue and funding news shows there is a pot of gold at the end of the AI rainbow.

 

This article is a paid for content service on behalf of Alset Capital Inc. (KSUM.V).

 

Read this article featuring KSUM in full at https://www.investorideas.com/news/2024/technology/05221AI-Stocks.asp

 

According to GlobalData, “The AI market is forecast to grow at a CAGR of more than 38% between 2023 and 2030.”

 

Continued: “The AI competitive landscape is evolving rapidly, with new products or enabling technologies (e.g., OpenAI’s Sora, Nvidia’s Blackwell GPUs) being launched, new entrants emerging (e.g., xAI), and partnerships (e.g., Microsoft and Mistral) established.”

 

Listing its stock in Only March of this year, Alset Capital Inc. (TSXV: KSUM) (OTC: ALSCF) (FSE: 1R60) is off to the races, announcing last week that its investee company, Cedarcross International Technologies Inc. signed an agreement with an arm's length counterparty to distribute 64 Nvidia H100 HGX 8GPU servers, which generates $26 million in revenue for Cedarcross.

 

(Paid news dissemination on behalf of Alset Capital)

Following Cedarcross' initial distribution agreement announced on April 22, 2024, this agreement marks a significant advancement in Cedarcross' distribution capabilities within the high-performance computing (HPC) server market. Cedarcross has now secured cumulative gross revenue year to date of approximately $28 million through its HPC server distribution business vertical alone. These agreements underscore the robust demand and strategic market positioning of Cedarcross in the HPC landscape. Leveraging key industry partnerships, including with Earthmade Computer Corp., an authorized distributor of Super Micro Computer, Inc. (NASDAQ: SMCI), Cedarcross continues to demonstrate its ability to secure competitive pricing and expedited lead times for highly sought-after Nvidia (NASDAQ: NVDA) H100 GPU servers.

 

"This deal represents a significant milestone for Cedarcross," said Morgan Good, CEO of Alset. "It substantially increases their revenue, and highlights their strong partnerships, which provide access to high-performance computing Nvidia GPU servers for both in-house use and third parties. Additionally, this distribution vertical enhances their existing compute leasing business unit, fostering diversity in their offerings and deeper market penetration."

Following this news and momentum, Alset Capital just announced that its second portfolio company, Vertex AI Ventures, has entered into a strategic AI data engineering and automation partnership with Nom Nom AI Inc.

Nom Nom is a pioneer in data engineering, security, and automation as a service. Their knowledge and expertise provides innovative solutions that leverage artificial intelligence to streamline operations, reduce operational and capital expenses, and ensure businesses maintain a competitive edge in today's data-rich environment. With data volumes reaching unprecedented levels, the demand for sophisticated analytics and scalable solutions has never been more urgent. Nom Nom's expertise in managing, integrating, and automating vast datasets positions them as a cornerstone in the evolving landscape of data management and artificial intelligence. Nom Nom seamlessly integrates our hardware with their software capabilities, granting clients comprehensive access to data insights through their user-friendly interface. Through our investee company Vertex, clients also gain an intuitive interface that enhances their understanding of data.

 

The partnership between Vertex AI Ventures and Nom Nom arguably brings forth a myriad of benefits, including enhanced data observability, insights, optimization of machine performance, and real-time analytics for clients utilizing Alset's portfolio companies AI computing infrastructure. Nom Nom's specialty in data retention and disposition policies ensures data security and compliance, addressing crucial concerns in today's digital age.

 

The collaboration between Vertex AI Ventures and Nom Nom underscores the transformative power of AI in reshaping industries and driving efficiency. As organizations increasingly turn to automation and AI technologies to eliminate human error and streamline operations, data security remains paramount. This partnership addresses these critical needs, empowering businesses to operate with confidence in a secure and compliant digital environment. In the future, Nom Nom will provide a user interface for Vertex AI Ventures clients, the technology will allow Vertex customers to optimize its energy consumption and minimize costs. Our clients will have real-time insights on how much power is being utilized and when. Nom Nom's innovative technology provides detailed analytics and insights to optimize energy, costs, and performance.

 

Under the terms of the partnership, Nom Nom will provide comprehensive data engineering, security and automation services, including consulting, planning, AI implementation and optimization, and ongoing architecture maintenance for Vertex AI Ventures customers.

In April, Alset announced another significant revenue deal. The Company’s investee, Cedarcross International Technologies Inc. (“Cedarcross”)entered into a two-year AI Computing leasing agreement, with an arm's length counterparty. The Agreement is expected to generate approximately CAD$5.5 million in total revenue.

 

Under the terms of the Agreement, Cedarcross will provide approximately 700,000 compute hours annually, totaling 1.4 million AI compute hours over the contract's duration. This agreement, with an esteemed arm's length third-party enterprise client, underscores Cedarcross growing influence and capabilities in the realm of AI infrastructure.

 

Supermicro (NASDAQ: SMCI), a global leader delivering first to market innovation for Enterprise, Cloud, AI, and 5G Telco/Edge IT Infrastructure, recently announced financial results for its third quarter of fiscal year 2024 ended March 31, 2024.

 

Third Quarter Fiscal Year 2024 Highlights included:

·              Net sales of $3.85 billion versus $3.66 billion in the second quarter of fiscal year 2024 and $1.28 billion in the same quarter of last year.

·              Gross margin of 15.5% versus 15.4% in the second quarter of fiscal year 2024 and 17.6% in the same quarter of last year.

·              Net income of $402 million versus $296 million in the second quarter of fiscal year 2024 and $86 million in the same quarter of last year.

·              Diluted net income per common share of $6.56 versus $5.10 in the second quarter of fiscal year 2024 and $1.53 in the same quarter of last year.

·              Non-GAAP diluted net income per common share of $6.65 versus $5.59 in the second quarter of fiscal year 2024 and $1.63 in the same quarter of last year.

 

·              Cash flow used in operations for the third quarter of fiscal year 2024 of $1,520 million and capital expenditures of $93 million.

 

"We had yet another record quarter with fiscal Q3 revenue of $3.85 billion with non-GAAP EPS of $6.65 per share. This year-over-year revenue growth of 200% and year-over-year non-GAAP EPS growth of 308% was well above our industry peers," said Charles Liang, President and CEO of Supermicro. "Strong demand for AI rack scale PnP solutions, along with our team’s ability to develop innovative DLC designs, enabled us to expand our market leadership in AI infrastructure. As new solutions ramp, including fully production ready DLC, we expect to continue gaining market share. As such, we are raising our fiscal year 2024 revenue outlook from $14.3 to $14.7 billion to a new range of $14.7 to $15.1 billion."

 

Looking at efficiencies, Supermicro also recently announced it is addressing the most demanding requirements from customers who want to expand their AI and HPC capacities while reducing data center power requirements. Supermicro delivers complete liquid-cooled solutions, including cold plates, CDUs, CDMs, and entire cooling towers. A significant reduction in the PUE of a data center is quickly realized with data center liquid-cooled servers and infrastructure, and this can reduce overall power consumption in the data center by up to 40%.

 

VERSES AI (CBOE Canada: VERS) (OTCQX:VRSSF), a cognitive computing company specializing in biologically inspired distributed intelligence, with their flagship offering, Genius™,  announced on May 17^th, that it closed the third and final tranche  of its previously announced non-brokered private placement  of special warrants , whereby the Company has completed the issuance of 674,700 Special Warrants at a price of $1.00 per Special Warrant. Further to the Company's news release dated April 18, 2024 and April 30, 2024, the Company has raised gross proceeds of $10,000,000 through the sale of 10,000,000 Special Warrants in the Private Placement.

 

In mid-April the company gave an update on its tech, noting, “For an early-stage company we have so much going on, especially in the last few months. We wanted to provide this update to share our progress,” said Gabriel René, Founder and CEO of VERSES.

 

From the news: In the Company update last year, VERSES announced the merger of many of their previous technologies and applications into a single developer platform and data pipeline called Genius™ to enable developers to develop and deploy intelligent agents. VERSES launched their Genius™ Private Beta program in October 2023 to enable early access to partners across multiple industries to showcase the applicability of Genius™. To date, the Company has announced the following 6 Beta engagements: Nalantis, Cortical Labs, SimWell, NASA’s Jet Propulsion Laboratory (JPL), Volvo Cars, and Blue Yonder.

 

For investors looking for the direction of AI stocks and revenue potential moving forward, the stock that incited the AI stock frenzy by beating estimates in its last earnings report is set to release new numbers this week.

 

Nvidia (NASDAQ: NVDA) will host a conference call on Wednesday, May 22, at 2 p.m. PT (5 p.m. ET) to discuss its financial results for the first quarter of fiscal year 2025, which ended April 28, 2024.

 

The call will be webcast live (in listen-only mode) on investor.nvidia.com. The company’s prepared remarks will be followed by a question-and-answer session, which will be limited to questions from financial analysts and institutional investors.

 

Ahead of the call, NVIDIA will provide written commentary on its first-quarter results from its CFO, Colette Kress. This material will be posted to investor.nvidia.com immediately after the company’s results are publicly announced at approximately 1:20 p.m. PT.

 

If Nvidia can pull off another winning earnings report, AI stocks will most likely see another run as they have following the leader, Nvidia, in the last AI bull run. 

 

For a list of artificial intelligence stocks on Investorideas.com visit here

 

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Global Billion Dollar Recreational Vehicle Battery Market Size Expected To Continue To Grow As Demand Skyrockets; $KULR $PII $FFIE $WKHS $VLCN @FNMgroup @KULRTech

Global Billion Dollar Recreational Vehicle Battery Market Size Expected To Continue To Grow As Demand Skyrockets; $KULR $PII $FFIE $WKHS $VLCN @FNMgroup  @KULRTech

 

Palm Beach, FL – May 22, 2024 – The global Recreational Vehicle Battery market is projected to grow at a significant growth rate due to several driving factors. According to a report from Market Research Intellect (MRI), the global Recreational Vehicle Battery Market size in terms of revenue is expected to continue to grow additional billions of dollars in revenues and in a CAGR through 2031.   MRI said:” Market Research Intellect anticipates a promising growth trajectory for the Recreational Vehicle Battery Market from 2024 to 2031, fueled by drivers. Technological advancements will catalyze product innovation and market expansion, while favorable regulatory policies and increasing consumer awareness will further boost demand. Market Research Intellect predicts a steady CAGR during this period, signaling significant growth potential. Companies in the Recreational Vehicle Battery Market can capitalize on this growth by focusing on strategic initiatives such as market diversification, brand building, and operational efficiency improvements. Embracing emerging trends such as trends will be crucial for staying competitive and meeting evolving consumer demands. By adopting proactive strategies and leveraging opportunities, businesses can position themselves for sustained success in the dynamic market landscape of 2024-2031.”  Active defense stocks in news today include:  KULR Technology Group, Inc. (NYSE: KULR), Polaris Inc. (NYSE: PII), Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE), Workhorse Group Inc. (NASDAQ: WKHS), Volcon Inc. (NASDAQ: VLCN).

 

Read this in full at https://www.financialnewsmedia.com/global-billion-dollar-recreational-vehicle-battery-market-size-expected-to-continue-to-grow-as-demand-skyrockets/

MRI continued discussing the Emerging Trends in Recreational Vehicle Battery Market saying:” Digital Transformation: Recreational Vehicle Battery Market is experiencing a rapid digital transformation, with the adoption of technologies such as AI, IoT, and blockchain, leading to enhanced operational efficiency, product innovation, and personalized customer experiences. Sustainable Practices: There is a growing emphasis on sustainability within the market, driven by consumer demand and regulatory pressures, leading to increased adoption of eco-friendly materials, energy-efficient processes, and waste reduction initiatives.  Health and Wellness: Consumers are increasingly prioritizing health and wellness, leading to the rise of functional and nutritious products in Recreational Vehicle Battery Market, as well as the integration of health-focused features into existing offerings.  Global Recreational Vehicle Battery Market Expansion: With the globalization of markets, many companies in Recreational Vehicle Battery Market are exploring opportunities in emerging markets, leveraging their expertise and resources to expand their presence and tap into new customer segments.”

 

KULR Technology Group, Inc. (NYSE American: KULR) Secures Test Engineering Contract with Bombardier Recreational Products  – KULR Technology Group, (the “Company” or “KULR”), global leader in safe and high-performance energy storage solutions, is pleased to announce it has been awarded an engineering contract with Bombardier Recreational Products (“BRP”) (NASDAQ: DOOO) for the Company’s Fractional Thermal Runaway Calorimetry (FTRC) testing services. This milestone underscores KULR’s expanding influence and commitment to advancing battery safety in the rapidly growing electric recreational products sector. With an already established presence in space and military safe battery designs, KULR looks to continue discussions and market expansion with potential customers from major electric aviation, electric maritime, EV, and recreational off-road vehicle manufacturers.

 

The partnership highlights BRP’s proactive approach to thermal runaway management across all its e-mobility market verticals – including National Fire Protection Association (NFPA) 1192, while concurrently aligning with KULR’s development of the KULR ONE Design Solutions (K1-DS) platform, which focuses on regulatory compliance, including battery cell testing, propagation-resistant materials, pack and module level testing. The NFPA 1192 standard establishes fire and life safety criteria for recreational vehicles to provide protection from loss of life from fire and explosion. “Securing this contract with BRP is a testament to the critical role that FTRC plays in ensuring the safety and reliability of next-generation consumer facing e-mobility products,” said Michael Mo, Chief Executive Officer of KULR. “FTRC analysis is quickly becoming the de facto method to characterize cell-level thermal runaway, and we are actively working to expand our throughput for this testing in the coming months.”

 

KULR’s exclusive worldwide license for NASA’s large format FTRC positions the company as the industry standard for battery testing and design services. Serving top automakers, space exploration companies, and electric truck manufacturers, KULR’s FTRC technology offers comprehensive thermal runaway characterization for various cell types. This crucial technology enhances battery safety across industries, providing detailed insights into thermal runaway behavior and aiding in regulatory compliance. As the global battery testing market is projected to reach USD 16.5 billion by 2030, KULR’s FTRC capabilities ensure safe, high-capacity batteries for a sustainable future.   CONTINUED…  Read this entire press release and more news for KULR at:  https://www.financialnewsmedia.com/news-kulr/

 

In other defense industry developments of note:

 

Polaris Inc. (NYSE: PII) recently announced that its Board of Directors has declared a regular quarterly cash dividend of $0.66 per share payable on June 17, 2024 to shareholders of record at the close of business on June 3, 2024.

 

As the global leader in powersports, Polaris Inc. (NYSE: PII) pioneers product breakthroughs and enriching experiences and services that have invited people to discover the joy of being outdoors since our founding in 1954. Polaris’ high-quality product line-up includes the RANGER, RZRand Polaris XPEDITION and GENERAL side-by-side off-road vehicles; Sportsman all-terrain off-road vehicles; military and commercial off-road vehicles; snowmobiles; Indian Motorcycle mid-size and heavyweight motorcycles; Slingshot moto-roadsters; Aixam quadricycles; Goupil electric vehicles; and pontoon and deck boats, including industry-leading Bennington pontoons. Polaris enhances the riding experience with a robust portfolio of parts, garments, and accessories. Headquartered in Minnesota, Polaris serves nearly 100 countries across the globe. www.polaris.com

 

Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) recently announced that it is scheduled to have a conference call on its fourth quarter and full year 2023 results after market close on Tuesday, May 28, 2024 at 5:00 p.m. Pacific Time (8:00 p.m. Eastern Time).

 

Interested investors and other parties can listen to a webcast of the conference call by logging onto the Investor Relations section of the Company’s website at https://investors.ff.com/. A replay of the webcast will be available on the Company’s website shortly thereafter.

 

Faraday Future is the pioneer of the Ultimate AI TechLuxury ultra spire market in the intelligent EV era, and the disruptor of the traditional ultra-luxury car civilization epitomized by Ferrari and Maybach. FF is not just an EV company, but also a software-driven intelligent internet company. Ultimately FF aims to become a User Company by offering a shared intelligent mobility ecosystem. FF remains dedicated to advancing electric vehicle technology to meet the evolving needs and preferences of users worldwide, driven by a pursuit of intelligent and AI-driven mobility.

 

Workhorse Group Inc. (NASDAQ: WKHS) recently reported financial results for the first quarter ended March 31, 2024.  “During the first quarter, we took important strategic and financial actions to better position Workhorse for the future while continuing to hit major milestones,” said Workhorse CEO Rick Dauch. “Our successful W56 demonstrations with dealers and fleet operators continue to affirm the strong market potential of our commercial EV trucks. This April, we celebrated a major milestone with a substantial order for our W4 CC trucks and expanded our dealer network to include new locations in New York and a set of dealership locations across the upper Midwest region.”

 

Mr. Dauch continued, “While we are pleased with our recent progress, we proactively took steps this quarter to preserve cash and extend our financial runway. We recently closed a financing transaction that provides liquidity in both the short term and over time, enabling us to continue our transition from a technology start-up into a successful commercial EV OEM. We have taken aggressive cost reduction actions across the organization, including a 20% reduction in force and throttling capacity at Union City by temporarily furloughing the team there, matching our resources and production demands until our financial and operating position permits.”

 

Volcon Inc. (NASDAQ: VLCN) recently reported its operational highlights and financial results for the quarter ended March 31, 2024.  Company Highlights Were: Nasdaq extension for compliance by June 24, 2024; First Stag delivery to US Dealer and the Army Corp in May 2024; Continued delivery of the Grunt EVO; and 105 U.S. dealers and 9 international distributors covering 14 countries

 

As previously noted in our 2023 annual operational updates, Volcon presented its plan of compliance to the Nasdaq Hearing Panel on March 26, 2024 regarding ongoing compliance with the bid price and equity compliance. On April 2, 2024, Nasdaq informed the Company that it has provided an extension until June 24, 2024 for the Company to execute its plan of compliance.

 

On May 6, 2024, the Company shipped its first Stag to a U.S. dealer to fulfill our first consumer pre-order. The Company expects to ship additional Stags to U.S. dealers to begin fulfilling previously received pre-orders for the Stag from consumers who have paid a deposit. Although pre-orders are cancelable until the customer takes delivery of the Stag, the Company expects that we will be able to convert some of these pre-orders to sales in 2024. Also, as previously announced, the Company delivered its first Stag to the Army Corp of Engineers (Army Corp) on February 27, 2024, at its Fort Leonard Wood, Missouri facility. The Company expects to ship the Army Corp three more Stags on May 10, 2024 and anticipates additional deliveries to complete the Army Corp’s orders by July 2024.

 

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Breaking Mining News: Alaska Energy Metals (TSXV: $AEMC) (OTCQB: $AKEMF) Secures Option to Acquire the Bambino Nickel - Copper Property and Commences Exploration Programs on Its Quebec Properties; @AKEnergyMetals

Breaking Mining News: Alaska Energy Metals (TSXV: $AEMC) (OTCQB: $AKEMF) Secures Option to Acquire the Bambino Nickel - Copper Property and Commences Exploration Programs on Its Quebec Properties; @AKEnergyMetals

 

Highlights

• The Bambino property is adjacent to AEMC's Angliers-Belleterre claim block and constructively adds to the property position.
• The combined claims are underlain by thick basalt flow interlayered with gabbro sills and komatiite flows in a regional setting thought to include a mantle plume, and prospective for Kambalda or Raglan-style high-grade nickel mineralization.
• Significant copper-nickel-PGE prospects Midrim and Alotta, held by Pivotal Metals Ltd.², are located on adjacent claims.
• AEMC's exploration program is fully funded and will commence immediately. The program consists of approximately 4,000 soil samples, prospecting and a VTEM electromagnetic survey.

 

 

VANCOUVER, British Columbia - May 22, 2024 (Investorideas.com Newswire) Alaska Energy Metals Corporation (TSX-V: AEMC, OTCQB: AKEMF) ("AEMC" or the "Company") is pleased to announce it has entered into an agreement (the "Option Agreement"), pursuant to which it will be granted an option to acquire 100% interest in the 57-claim, 3,320-hectare Bambino nickel ("Ni") - copper ("Cu") platinum group element ("PGE") property (the "Property") located in the Temiscaming Region of western Quebec, from a Quebec prospecting syndicate (the "Vendors"). The Property is located directly adjacent to the Company's 100%-owned Angliers-Belleterre (Angliers) property acquired in 2023¹ (Figure 1).

 

This news is paid advertisement/ news disseminated on behalf of/issued on behalf of Alaska Energy Metals

 

Read this news, featuring AEMC in full at https://www.investorideas.com/news/2024/05221AEMC-Bambino-Nickel-Quebec.asp

 

"Our Nikolai nickel project in Alaska, which hosts the Eureka deposit, already contains one of the largest known nickel resources in the US. We intend to acquire Bambino so that we can further expand our contribution of nickel and other strategic metals to the rapidly growing lithium-ion battery industry and also the long-term energy storage industry in North America," says Gregory Beischer, CEO of Alaska Energy Metals. "We are excited and ready to begin exploration in Quebec as we know these projects could further position AEMC as a leading producer of critical minerals in the North American market at a time when these commodities are going to be in even higher demand than they are today."

 

Figure 1: Location of AEMC's Angliers and Bambino Claims

BAMBINO PROPERTY
The Bambino property covers the southern portion of the western segment of the Belleterre-Baby-Angliers Greenstone Belt and is predominately underlain by mafic volcanic rocks intruded by mafic to ultramafic sills. The volcanic stratigraphy includes thick layers of pillowed and subordinate massive basalt flows overlain by volcaniclastic sediments that are both interlayered with gabbro sills and komatiite flows. Mineralization in the area is primarily hosted or spatially related to the gabbro sills as: a) primary magmatic sulfide Ni+Cu±PGE mineralization (disseminated to massive sulfides), b) remobilized hydrothermal Cu+PGE mineralization (sheared sulfides) and c) volcanogenic, disseminated pyrite mineralization in tuffaceous rocks. The mineralization is thought to be related to a mantle plume in a geological setting analogous to Kambalda in Western Australia and Raglan in Northern Quebec.

 

On the adjacent BAGB property held by Pivotal Metals Ltd.², previous drilling at the Alotta and Midrim showings has returned significant intersections of high-grade Cu-Ni-PGE massive sulfide mineralization at shallow depths (Figure 2). Bambino has seen minimal, prior exploration work consisting only of regional airborne surveys and limited soil geochemistry. The Property has gold potential, demonstrated by the presence of many quartz veins on the property; however, no assurance can be given that assay results similar to those at the BAGB property will be obtained at the Bambino property. The Belleterre-Baby-Angliers Greenstone Belt is best known for the past producing Belleterre gold mine located approximately 50 km east of Bambino. Vior Inc. recently consolidated the area surrounding the former mine and is finalizing plans for a +60,000m drill program.³

 

 

Figure 2: Bambino Claims: Airborne Total Magnetic Field, mineral showings, and selected drill intersections on adjacent Pivotal Metals Ltd. Claims ²

TERMS OF AGREEMENT
Under the Option Agreement, AEMC will have the exclusive option to acquire a 100% interest in the Bambino Property by paying $105,000 cash and issuing 700,000 common shares of AEMC to the Vendors and completing $500,000 of exploration work, scheduled as annual installments over a three-year term. Upon exercise of the option, the Vendors will retain a 2.0% Net Smelter Returns royalty. AEMC will have the right at any time to buy back half of the royalty (i.e., 1.0%) for $1,000,000 cash. The Option Agreement is subject to approval by the TSX Venture Exchange.

 

EXPLORATION PROGRAM
AEMC intends to commence work immediately on the Angliers and Bambino claims with property-wide soil geochemistry, prospecting, rock sampling surveys and an airborne VTEM survey. The goal of this work is to identify anomalous zones to follow up with Controlled Source Audio Magnetotellurics (CSAMT) and time-domain electromagnetic geophysical surveys. The exploration program will be 100% funded from AEMC's current flow-through account.

 

REFERENCES

1. AEMC Press Release November 24, 2023, https://alaskaenergymetals.com/news/closes-acquisition-of-the-angliers-belleterre-project-in-quebec/
2. Pivotal Metals Ltd. BAGB webpage, https://pivotalmetals.com/bagb/
3. Vior Inc. Belleterre webpage, https://www.vior.ca/projects/belleterre-gold/

 

QUALIFIED PERSON
Gabriel Graf, the Company's Chief Geoscientist, is the qualified person, as defined under NI 43-101 Standards of Disclosure for Mineral Projects, and has reviewed and approved the scientific and technical information contained in this news release.

For additional information, visit: https://alaskaenergymetals.com/

 

ABOUT ALASKA ENERGY METALS
Alaska Energy Metals Corporation (AEMC) is an Alaska-based corporation with offices in Anchorage and Vancouver working to sustainably deliver the critical materials needed for national security and a bright energy future, while generating superior returns for shareholders.

 

AEMC is focused on delineating and developing the large-scale, bulk tonnage, polymetallic Eureka deposit containing nickel, copper, cobalt, chromium, iron, platinum, palladium, and gold. Located in Interior Alaska near existing transportation and power infrastructure, its flagship project, Nikolai, is well-situated to become a significant domestic source of strategic energy-related metals for North America. AEMC also holds a secondary project, 'Angliers-Belleterre,' in western Quebec and the Bambino property, which is adjacent to the Angliers claim block. Today, material sourcing demands excellence in environmental performance, carbon mitigation, and the responsible management of human and financial capital. AEMC works every day to earn and maintain the respect and confidence of the public and believes that ESG performance is measured by action and led from the top.

 

ON BEHALF OF THE BOARD
"Gregory Beischer"
Gregory Beischer, President & CEO

 

FOR FURTHER INFORMATION, PLEASE CONTACT:
Gregory A. Beischer, President & CEO
Toll-Free: 877-217-8978 | Local: 604-638-3164

 

Sarah Mawji, Public Relations
Final Edit Media and Public Relations
Email: sarah@finaleditpr.com

 

Some statements in this news release may contain forward-looking information (within the meaning of Canadian securities legislation), including, without limitation, that it will drill holes to test the Canwell, Odie and Emerick prospects and do more geophysical surveys in 2024. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the statements. Forward-looking statements speak only as of the date those statements are made. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable law, the Company assumes no obligation to update or to publicly announce the results of any change to any forward-looking statement contained or incorporated by reference herein to reflect actual results, future events or developments, changes in assumptions, or changes in other factors affecting the forward-looking statements. If the Company updates any forward-looking statement(s), no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements.

 

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 press release.

 

Alaska Energy Metals Corporation (TSXV: AEMC) (OTCQB: AKEMF) (FRA: V7F) is a featured mining stock on Investorideas.com

 

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Breaking Mining Stock News: Getchell Gold Corp. (CSE: $GTCH.CN) (OTCQB: $GGLDF) Appoints Michael Hobart to Board of Directors; @getchell_gold

Breaking Mining Stock News: Getchell Gold Corp. (CSE: $GTCH.CN) (OTCQB: $GGLDF) Appoints Michael Hobart to Board of Directors; @getchell_gold

VANCOUVER, BC - May 22, 2024 (Investorideas.com Newswire) Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) (FWB: GGA1) ("Getchell" or the "Company") is pleased to announce the appointment of Michael Hobart to its board of directors, effective immediately.

This news is paid advertisement/ news disseminated on behalf of/issued on behalf of Getchell Gold Corp.

Read this news, featuring GTCH in full at https://www.investorideas.com/news/2024/05221GTCH-Michael-Hobart.asp

Mr. Hobart is a seasoned legal professional with a strong background in securities, corporate finance, and mergers and acquisitions within the mining industry. He brings extensive experience advising Canadian and international clients on public equity and debt offerings, mining asset transactions, joint ventures, and mining agreements.

"We are delighted to welcome Michael Hobart to Getchell's board of directors." said Mr. Bob Bass, Chairman of Getchell Gold Corp. "His expertise in securities law, corporate finance, and deep understanding of the mining sector will be invaluable as we advance our gold exploration projects in Nevada."

Mr. Hobart currently serves on the board of Galleon Gold Corp. and, as a partner at Fogler, Rubinoff LLP with over 30 years of experience in the mining industry, Michael is a trusted advisor to numerous companies in the sector.

"I am excited to join the Getchell board and believe that the Fondaway Canyon gold project, with its large mineral resource estimate, located in Nevada, a premier mining jurisdiction, coupled with the strong gold price, will be an attractive acquisition target for gold producers." said Mr. Hobart. "I look forward to assisting the Company in achieving the value recognition this project deserves."

The Company further announces that it has awarded incentive stock options pursuant to its stock option plan, to various directors, officers and consultants of the Company, to purchase up to an aggregate of 2,575,000 common shares of the Company. The stock options are exercisable at a price of $0.14 per share and expire 5 years from the date of grant.

About Getchell Gold Corp.

The Company is a Nevada focused gold and copper exploration company trading on the CSE: GTCH, OTCQB: GGLDF, and FWB: GGA1. Getchell Gold is primarily directing its efforts on its most advanced stage, 100% owned, Fondaway Canyon gold project, a past gold producer with a large mineral resource estimate. Complementing Getchell's asset portfolio are the 100% owned; Dixie Comstock, a past gold producer with a historic resource and two earlier stage exploration projects, Star (Cu-Au-Ag), and Hot Springs Peak (Au) projects. Fondaway Canyon and Dixie Comstock properties are located in Churchill County, Nevada.

For further information please visit the Company's website at www.getchellgold.com or contact the Company at info@getchellgold.com.

Forward looking statements:

Certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "will" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Although management of Getchell have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

SOURCE Getchell Gold Corp.

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Getchell Gold (CSE:GTCH.CN;OTCQB:GGLDF) is a featured mining stock on Investorideas.com

 

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Uranium Stock News Bite - Pegasus Resources (TSXV: PEGA) (OTC PINK: SLTFF) Grants Options; @pegasusresinc

Uranium Stock News Bite - Pegasus Resources (TSXV: PEGA) (OTC PINK: SLTFF) Grants Options; @pegasusresinc

 

Vancouver, Canada - May 22, 2024 (Investorideas.com Newswire) Pegasus Resources Inc. (TSX-V:PEGA) (OTCPK:SLTFF) (Frankfurt:0QS0) (the "Company" or "Pegasus") announces the granting of stock options to certain directors, consultants and officers of the Company to purchase an aggregate of 575,000 common shares of the Company at an exercise price of C$0.19 per share, expiring in three years from the date of grant. The Options were issued pursuant to the terms of the Company's stock option plan and the requirements of the TSX Venture Exchange.

 

This news is paid advertisement/ news disseminated on behalf of/issued on behalf of Pegasus Resources Inc.

 

Read this news, featuring PEGA in full at https://www.investorideas.com/news/2024/05221PEGA-Grants-Options.asp

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: Pegasus Resources Inc.

 

Pegasus Resources Inc. (TSX-V:PEGA) (OTCPK:SLTFF) (Frankfurt:0QS0) is a featured mining stock on Investorideas.com

 

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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact management and IR of each company directly regarding specific questions. Disclosure: Pegasus Resources Inc is a paid for mining client at InvestorIdeas.com. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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