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Wednesday, October 02, 2024

Breaking Renewable Energy Stock News: KULR's (NYSE: $KULR) Xero Vibe Technology Lands Licensing Partnership with $2.35M Deal; @KULRTech

Breaking Renewable Energy Stock News: KULR's (NYSE: $KULR) Xero Vibe Technology Lands Licensing Partnership with $2.35M Deal; @KULRTech

Milestone IP Licensing Deal Expands Business Opportunities via New Business Model

Houston, TX - October 2, 2024 (Investorideas.com Newswire) KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, today announced a licensing agreement for its proprietary vibration reduction technology named KULR Xero Vibe ("KXV"). The $2.35M landmark deal includes a $1.1M minimum guaranteed license and royalty fee, a unique opportunity for the licensee to purchase proprietary balancing equipment directly from KULR and additional revenue upside to KULR based on volume and technology upgrades. The licensee, a leading Japanese corporation, specializing in systems integration and the distribution of advanced semiconductor solutions, intends to use the KXV technology to balance industrial-scale fan systems used in data center computer cooling, HVAC and other industrial applications. KULR is exploring additional license opportunities based on geographic regions in tangential power-consuming applications, where KULR expects substantial upside revenue potential as product sales and royalty income scales along with its customers' growth.

KULR's KXV technology offers a transformative solution for balancing high-performance commercial fans running at speeds exceeding 33,000 RPM. These fans are critical for, among other things, cooling a growing number of AI-driven data center computer servers. The KXV system reduces vibration to virtually zero, optimizing cooling system performance and reducing energy consumption.

This news is paid advertisement/ news disseminated on behalf of/issued on behalf of KULR Technology Group, Inc.

Read this news, featuring KULR in full at https://www.investorideas.com/news/2024/10021KULR-Xero-Vibe-Technology.asp

Michael Mo, KULR CEO, said, "Did you know a ChatGPT query uses almost 10 times as much electricity as a Google search? According to Goldman Sachs, AI will drive data centers power consumption by 160% from 1-2% of overall worldwide power consumption now to 3-4% by the end of the decade. By virtually eliminating vibration, KXV is a game-changer technology to make data center fan cooling systems more efficient and environmentally friendly, and help customers lower operational and capex cost."

Additional Advantages of KULR's KXV Technology
KXV technology not only improves cooling system energy efficiency but also offers several additional benefits for data centers:

Reduced Noise Enhances Work Environment: Lower vibration means quieter operations, contributing to a better working environment.
Increased Stability Improves Performance: Systems operate more smoothly and reliably, enhancing overall performance
Less Wear and Tear Reduces Both Capital Spending and Operating Expenses: Dramatic reduction in vibration decreases mechanical stress on fans and cooling systems, extending their lifespan and reducing maintenance costs.

Improving Data Center Cooling Efficiency
According to the United States Chamber of Commerce, energy consumption is the single largest operational expense for data centers, with cooling costs representing approximately 40% of total expenses. By leveraging KULR's KXV technology to reduce energy use, companies can lower operational costs and move toward more sustainable practices. Microsoft's partnership with Constellation Energy, Oracle's shift toward nuclear power, and Vistra Energy's rise as the top-performing stock on the S&P 500 year-to-date, underscore the importance of energy efficiency in today's business landscape.

About KULR Technology Group, Inc.

KULR Technology Group Inc. (NYSE American: KULR) delivers cutting edge energy storage solutions for space, aerospace, and defense by leveraging a foundation of in-house battery design expertise, comprehensive cell and battery testing suite, and battery fabrication and production capabilities. The Company's holistic offering allows delivery of commercial-off-the-shelf and custom next generation energy storage systems in rapid timelines for a fraction of the cost compared to traditional programs. For more information, please visit www.kulrtechnology.com.

Safe Harbor Statement

This press release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. This release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed with the Securities and Exchange Commission on April 12, 2024, as may be amended or supplemented by other reports we file with the Securities and Exchange Commission from time to time. Forward-looking statements include statements regarding our expectations, beliefs, intentions, or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. All forecasts are provided by management in this release are based on information available at this time and management expects that internal projections and expectations may change over time. In addition, the forecasts are entirely on management's best estimate of our future financial performance given our current contracts, current backlog of opportunities and conversations with new and existing customers about our products and services. We assume no obligation to update the information included in this press release, whether because of new information, future events or otherwise.

Investor Relations:
KULR Technology Group, Inc.
Phone: 858-866-8478 x 847
Email: ir@kulrtechnology.com

KULR Technology Group, Inc. (NYSE: KULR) is a featured renewable energy stock on Investorideas.com

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Disclaimer/Disclosure: Disclosure: (NYSE: KULR) is a paid featured company on Investorideas.com effective July 2024 for 3 months. lInvestorideas.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. Contact management and IR of each company directly regarding specific questions. More disclosure info can be found here. 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/

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Rex Resource Corp. (TSXV: $OWN.V) (FRANKFT: 94G) Gains on News

Rex Resource Corp. (TSXV: $OWN.V) (FRANKFT: 94G) Gains on News

Investorideas.com (www.investorideas.com) a go-to platform for big investing ideas for traders, including mining stocks reports on trading for junior exploration company Rex Resource Corp. (TSXV: OWN, FRANKFT: 94G).

The stock closed yesterday’s trading session at 0.0900, gaining 0.0100, up 12.5000% on volume just short of 100,000 shares.

Yester Rex announced the appointment of Kristopher Raffle, B.Sc., P.Geo. as a director of the Company.

Rex was also written up in Equity Guru yesterday following the news,

With 25 years Canadian and international base and precious metals mineral exploration experience, Mr. Raffle is well positioned to advance the Company's Rex and Mactush Cu-Au-Ag projects located on Vancouver Island near Port Alberni, British Columbia.

Mr. Raffle is a Partner and Principal Geologist with the leading Edmonton-based geologic consulting firm, APEX Geoscience Ltd. In addition, Mr. Raffle is a current director of Monumental Energy Corp. and has held past director roles at Defense Metals Corp., and New Placer Dome Gold Corp. He has over 25 years experience conducting project evaluations, exploration program design, data analysis, and geological modelling, with respect to Archean and Carlin-type-gold, copper-gold-porphyry, gold-silver-epithermal, volcanic-hosted-massive-sulphide, rare-earth-element, and kimberlite-diamond deposits throughout Canada, USA, and Mexico.

Paid news dissemination on behalf of Rex Resources.

Read this news, featuring OWN in full at https://www.investorideas.com/news/2024/mining/10021Rex-Resource-OWN.asp

Rex has the option to acquire an undivided 100% interest in eight contiguous mineral claims located near Port Alberni, British Columbia, generally known as the Mactush property. It further owns an undivided 100% interest in eight contiguous mineral claims in close proximity generally known as the Rex property.

The Mactush and Rex properties are located in the Alberni Mining Division on Vancouver Island in British Columbia and have been subject to extensive geological and geochemical investigations, including modern techniques such as airborne geophysics, remote sensing, and detailed geochemical surveys revealing significant mineral potential.

The terrain consists of steep to moderately sloping mountains, river valleys and areas of relatively flat benches in the southern half of the properties. Elevations range from 180 metres above sea level along Cous Creek in the north to 960 metres atop plateaus in the south, with 700 to 800-metre plateaus and rolling hills throughout the property.

The nearby resource-based community of Port Alberni (pop. 18,000) has a sheltered deep-sea port accessing the Pacific Ocean and paved highway accessing the rest of Vancouver Island. An underutilized railway network exists between most of the major communities on the island, including Port Alberni. Logging is ongoing by various companies in the area (BC Forest Map, 2024). Main haul roads and forest access roads throughout the property are maintained by logging companies and the BC Ministry of Forests, Lands, and Natural Resource Operations. Adequate resources and infrastructure are available at the towns of Port Alberni, Parksville, and/or Nanaimo for all stages of an exploration and development program on the project.

Rex Property satellite map

Tuesday, October 01, 2024

TSX Venture Junior Miner Rex Resources (TSXV: $OWN.V) Announces New Director

TSX Venture Junior Miner Rex Resources (TSXV: $OWN.V) Announces New Director

October 1, 2024 – Vancouver, B.C. – Investorideas.com (www.investorideas.com) a go-to platform for big investing ideas including mining stocks reports Rex Resource Corp. (TSXV: OWN, FRANKFT: 94G) has announced the appointment of Kristopher Raffle, B.Sc., P.Geo. as a director of the Company.

With 25 years Canadian and international base and precious metals mineral exploration experience, Mr. Raffle is well positioned to advance the Company’s Rex and Mactush Cu-Au-Ag projects located on Vancouver Island near Port Alberni, British Columbia.

This is paid news dissemination on behalf of Rex Resources.

Read this news, featuring OWN in full at https://www.investorideas.com/news/2024/mining/10011Rex-Resources-OWN.asp

Kristopher Raffle, P.Geo., Director of Rex Resources Corp. and QP stated:

“As an exploration geologist born and raised on Vancouver Island, I have always had a keen interest in its considerable base and precious metals potential. Despite significant past production from major mines including BHP’s Island Copper and the Myra Falls VMS deposit, in addition to significant undeveloped projects including the Hushamu and Catface porphyry deposits, Vancouver Island remains relatively underexplored[1]. Given the compelling historical assay results returned at Mactush including 3.8 metres averaging 1.29 ounces-per-tonne (oz/t) (44 grams-per-tonne) gold, and 5.0 oz/t (173 g/t) silver, and 0.95% copper (drill hole 87-3[2]), I look forward to the opportunity to advance both the Rex and Mactush projects.”

The Mactush property

Qualified Person

The scientific and technical information contained in this news release as it relates to the Rex and Mactush projects has been reviewed and approved by Kristopher J. Raffle, P.Geo. (B.C.), Principal and Consultant of APEX Geoscience Ltd. of Edmonton, Alberta, who is a director of the Company and a “Qualified Person” as defined in NI 43-101.

Methodology and Quality Assurance/Quality Control

The historical (1988) assays results reported herein were performed by Acme Analytical Laboratories at their Vancouver, B.C. facilities. Analytical techniques and quality assurance/quality control (QA/QC) measures employed at the time are not known, however the Qualified Person has reviewed extensive original documentation including copies of original drill logs, assay certificates, assay summary tables, and drill sections. Rex Resources Corp. is not aware of any drilling, sampling, recovery, or other factors that could materially affect the accuracy or reliability of the data referred to herein.

Rex is a mineral exploration company focused on the acquisition, exploration, and development of mineral resource properties. Rex owns an undivided 100% interest in eight contiguous mineral claims located near Port Alberni, British Columbia, generally known as the Rex Property, and has the option to acquire an undivided 100% interest in an additional eight mineral claims in proximity thereto known as the Mactush Property.

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 news release.

Forward Looking Information

Read the company forward looking statement for all news at https://rexresourcescorp.com/news-alerts/

Michael Leahy, Director
(604) 681-8835
info@rexresourcescorp.com

www.rexresourcescorp.com

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[1] Mineralization present at past producing mines and developed prospects is not necessarily indicative of mineralization on Rex Resources Corp. properties.

[2] True width estimated to be 70-90% of drilled interval.

Friday, September 27, 2024

Rare Earth Breaking News - Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) and The Saskatchewan Research Council Enter into a MOU to Enhance the Domestic Rare Earth Element Supply Chain; @defensemetals

Rare Earth Breaking News - Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) and The Saskatchewan Research Council Enter into a MOU to Enhance the Domestic Rare Earth Element Supply Chain; @defensemetals

VANCOUVER, BC - September 27, 2024 (Investorideas.com Newswire) Defense Metals Corp. ("Defense Metals" or the "Company") (TSX-V:DEFN / OTCQB:DFMTF/ FSE: 35D) is pleased to announce the signing of a Memorandum of Understanding ("MOU") with The Saskatchewan Research Council ("SRC") that will benefit both parties by promoting a collaborative and strategic approach to help strengthen the rare earth element ("REE") supply chain within Canada.

This news is paid advertisement/ news disseminated on behalf of/issued on behalf of Defense Metals Corp.

Read this news, featuring DEFN in full at https://www.investorideas.com/news/2024/09271DEFN-Saskatchewan-Research-Council-Domestic-REE-Supply-Chain.asp

Guy de Selliers, Executive Chairman of Defense Metals, commented:

"We are excited to collaborate with The Saskatchewan Research Council, a recognized leader in rare earth processing and technology development. This MOU represents a significant step forward in our goal of becoming part of a secure and sustainable supply chain for rare earth elements in North America. By working together with SRC, we believe we can make substantial progress toward closing the rare earth supply chain loop and ensuring the availability of these critical materials for green energy and defence applications that are essential for national security."

The MOU outlines a framework for Defense Metals and SRC to leverage their respective capabilities and interests in the supply and processing of rare earth materials that are especially critical to the production of rare earth magnets. The proposed objectives of this collaboration include:

Exploring potential collaborations using each Participant's respective capabilities and interests in the process and supply of rare earth products used in the rare earths magnet value chain;
Enabling discussions in connection with the separation of the Defense Metal's mixed rare earth carbonates into separated rare earth oxides employing SRC's separation technology design, installation, and operational expertise; and
Facilitating negotiations of a long-term agreement with SRC for the sale and purchase of Defense Metal's mixed rare earth carbonate.

This collaboration aligns with the broader Canadian Critical Minerals Strategy, which is focused on developing a domestic industry, reducing reliance on foreign sources of critical minerals and bolstering national security. Furthermore, it supports broader North American goals for economic competitiveness and technological innovation in clean energy and defence technologies.

About The Saskatchewan Research Council

SRC is Canada's second-largest research and technology organization, providing services and products to its 1,400 clients in 22 countries around the world for more than 77 years

Since 2020, SRC's Rare Earth Processing Facility in Saskatoon has received $71 million in funding from the Government of Saskatchewan, as well as $30 million in combined funding from the Government of Canada. This funding has been instrumental in helping SRC construct a vertically and laterally integrated "minerals to metals" facility equipped with state-of-the-art, proprietary technology developed by SRC. Development of the facility continues ahead of schedule, producing rare earth metals at a commercial scale in the summer of 2024 - making Saskatchewan the first and only jurisdiction to do so in North America.

About Defense Metals Corp. and its Wicheeda Rare Earth Element Deposit

Defense Metals Corp. is focused on the development of its 100% owned Wicheeda REE deposit, for which a mineral resource estimate was reported in 2023 in a Technical Report prepared in accordance with the Canadian Securities Administrators' National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101"), which is available for review on the Company's profile on SEDAR+ at www.sedarplus.ca and the Company's website at www.defensemetals.com.

The 8,301-hectare (~20,534-acre) Wicheeda Project, located approximately 80 kilometres (~50 miles) northeast of the city of Prince George on the traditional territory of the McLeod Lake Indian Band in British Columbia, Canada, is readily accessible by a paved highway and all-weather gravel roads. Nearby, superior infrastructure includes hydro power transmission lines, gas pipelines, the Canadian National Railway and major highways that allow easy access to the port facilities at Prince Rupert, the closest major North American port to Asia.

Defense Metals is a proud member of Discovery Group. For more information please visit: www.discoverygroup.ca.

For further information, please visit www.defensemetals.com or contact:

Alex Heath
Senior Vice President, Corporate Development & Interim CFO
Tel: +1 604-354-2491
Email: alex@defensemetals.com

Notice Regarding the Wicheeda REE Deposit Mineral Resource Estimate

The mineral resource estimate for the Wicheeda rare earth element (REE) deposit is disclosed in a Technical Report dated October 27, 2023, effective August 28, 2023, entitled "Technical Report on the Wicheeda Property, British Columbia, Canada", which was prepared by APEX Geoscience Ltd. The results of the 2023 MRE were previously disclosed in summary form in the Company's news release dated September 12, 2023. The Technical Report was prepared in accordance with the Canadian Securities Administrators' National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") and is available for review on the Company's profile on SEDAR+ at www.sedarplus.ca and the Company's website at www.defensemetals.com. Readers are encouraged to read the Technical Report in its entirety, including all qualifications, assumptions, and exclusions.

Cautionary Statement Regarding "Forward-Looking" Information

This news release contains "forward-looking information" or "forward-looking statements" within the meaning of applicable securities laws. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking. 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. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of rare earth elements, the anticipated costs and expenditures, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company's views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration and metallurgical results, risks related to the inherent uncertainty of exploration and development and cost estimates, the potential for unexpected costs and expenses and those other risks filed under the Company's profile on SEDAR+ (www.sedarplus.ca/). While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather and climate conditions, failure to maintain or obtain all necessary government permits, approvals and authorizations, failure to maintain or obtain community acceptance (including First Nations), risks relating to unanticipated operational difficulties (including failure of equipment or processes to operate in accordance with specifications or expectations, cost escalation, unavailability of personnel, materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job action, and unanticipated events related to health, safety and environmental matters), risks relating to inaccurate geological, metallurgical, engineering and pricing assumptions, decrease in the price of rare earth elements, the impact of viruses and diseases on the Company's ability to operate, restriction on labour and international travel and supply chains, loss of key employees, consultants, officers or directors, increase in costs, delayed results, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward-looking statements or forward-looking information, except as required by law.

SOURCE Defense Metals Corp.

Defense Metals Corp. (TSX-V:DEFN /OTCQB:DFMTF) is a featured mining stock on Investorideas.com

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