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Royal Helium Secures $6 Million in Bought Deal Offering to Fuel Expansion and Well Development

Cloud PR Wire
–News Direct– Royal Helium CEO Andrew Davidson joined Steve Darling from Proactive to announce the successful completion of a bought deal public offering that raised $6 million. The offering was conducted in conjunction with underwriting firms Canaccord Genuity, Cormark Securities, and Eight Capital Corp. Davidson detailed that the proceeds are designated for a robust exploration and development agenda. This includes drilling potential new wells at the companys 40-mile site in Alberta and enhancing the development of existing wells in Saskatchewan. The capital will also bolster operational scaling and improve working capital to facilitate the company's ongoing progress toward self-funding from operational outputs. He highlighted the strategic importance of this capital injection,...

Hive Digital Technologies Reports Strong Bitcoin Production and Operational Growth in April 2024

Cloud PR Wire
–News Direct– Hive Digital Technologies Executive Chairman Frank Holmes joined Steve Darling from Proactive to disclose the company's Bitcoin production figures for April 2024. During this period, Hive Digital successfully mined 212 Bitcoins, increasing its total holdings by 4% to 2,377 Bitcoins. The company sustained a robust average mining capacity of over 4.9 Exahash throughout the month. Holmes detailed that Hive Digital achieved an average of 43.6 Bitcoin per Exahash, with a consistent hashrate of 4.9 EH/s, noting an 8% increase in the monthly average hashrate. The firm also maintained a daily production rate of 7.1 BTC, underscoring its operational efficiency and robust performance. This growth is in line with the company's strategic goals to meet the anticipated in...

Excellon Resources Reports Promising Results from Kilgore Project Drilling in Idaho

Cloud PR Wire
–News Direct– Excellon Resources CEO Shawn Howarth joined Steve Darling from Proactive to discuss the latest drilling outcomes from the exploration program at the Kilgore Project in Idaho, which is entirely owned by Excellon. The exploration comprised six diamond drill holes, spanning a total of 2,145 meters, with oriented cores and detailed sampling aimed at enhancing the structural understanding and potential of high-grade mineralization. Howarth reported that the drilling has successfully confirmed mineralization in a previously under drilled area of Kilgore, with grade intervals consistent with the current Mineral Resource Estimate cut-off. This suggests a potential extension of the mineralization southwest of the known deposit. Notable results included a yield of 1.37 grams per tonn...

Navigating the Waves of Investment with Tradetide: A Fusion of AI and Trading Expertise

Cloud PR Wire
    United Kingdom, 8th May 2024, King NewsWire – In the ever-evolving landscape of investment, finding a platform that seamlessly merges cutting-edge technology with a comprehensive array of trading options can be akin to discovering a treasure trove amidst the vast ocean. Enter Tradetide.net, a beacon in the realm of trading platforms, powered by state-of-the-art AI technology and designed to navigate the turbulent waters of modern finance. At the heart of Tradetide lies its revolutionary AI technology, a culmination of natural language processing and artificial intelligence. This technological marvel serves as a guiding light for investors grappling with the deluge of information that characterizes today’s financial markets. The platform’s AI engine is finely tuned to sift through vas...

DRSA – Illuminating the Marine Industry with Over 35 Years of Excellence

Cloud PR Wire
United States, 8th May 2024, King NewsWire – DRSA (Daniel R. Smith & Associates, Inc.), a pioneer in marine lighting solutions, celebrates more than a quarter-century of innovation and excellence in the marine industry. With a heritage spanning over 35 years, DRSA has been at the forefront of designing, developing, manufacturing, and importing a comprehensive range of luminaires, light bulbs, and LED technology aimed at enhancing the illumination of vessels from bow to stern. In the 1980s, the marine industry needed more dedicated marine lighting manufacturers or distributors. Often, it resorts to using residential lights that are neither aesthetically pleasing nor optimized for marine use. DRSA was founded in 1988 by Cathy and Dan Smith to address this gap, offering the marine indus...

Condor Resources Reappoints Dr. Quinton Hennigh to Board of Directors Amidst Continued Growth

Cloud PR Wire
–News Direct– Condor Resources CEO Chris Buncic joined Steve Darling from Proactive to announce the reappointment of Dr. Quinton Hennigh to the companys board of directors. Dr. Hennigh, who has previously served on the board in 2021, brings over 30 years of experience as a globally renowned exploration geologist specializing in precious metals. Buncic highlighted Dr. Hennighs extensive background, which began after earning his PhD in Geology/Geochemistry from the Colorado School of Mines. His career includes significant roles at major gold mining firms such as Homestake Mining (now part of Barrick Gold Corp.), Newcrest Mining, and Newmont Corp. Dr. Hennigh is also the founder of Novo Resources Corp, where he currently serves as co-Chairman, and is the CEO of San Cristobal Mining, a priva...

Tribe Property Technologies sees record revenue as company posts 4th quarter and year end results

Cloud PR Wire
–News Direct– Tribe Property Technologies CEO Joseph Nakhla joined Steve Darling from Proactive to announce the company's financial results for the fiscal year and fourth quarter ended December 31, 2023. Nakhla began by highlighting the company's revenue growth, with total revenue reaching $19.39 million, marking an 8.8% increase compared to the previous fiscal year. This growth was attributed to various factors, including an expansion in software and service fees driven by an increased number of properties on the Tribe platform, higher financial services revenue associated with banking partnerships, software licensing fees, and the acquisition of Meritus. Additionally, Nakhla noted a significant improvement in gross profit, which amounted to $6.63 million for fiscal 2023...

Electric Royalties looks for sustained growth in 2024 after closing large royalty acquisition

Cloud PR Wire
–News Direct– Electric Royalties CEO Brendan Yurik joined Steve Darling from Proactive to share details the company has announced the successful closure of the company's previously disclosed transaction to acquire a comprehensive portfolio comprising 18 royalty agreements and 32 lithium properties situated in Ontario. Yurik elaborated on the portfolio's composition, highlighting its inclusion of 18 royalties and 32 lithium properties. Notably, 31 of the 32 properties are presently under exploration by third parties pursuant to option agreements. Subject to the fulfillment of option payments over the next two and a half years and the exercise of options, each property would transition into royalty interests for Electric Royalties. The company would retain ownership of any ...

Cloud DX secures 4th Provincial Health contract for remote patient monitoring

Cloud PR Wire
–News Direct– Robert Kaul, CEO of Cloud DX, discussed with Steve Darling from Proactive the new Remote Patient Monitoring Agreement for Cloud DX RPM Services, which has been secured with a Canadian Provincial Health Authority. This agreement expands Cloud DX's provision of Connected Health remote patient monitoring products and services across Canada, now including contracts with Alberta, Yukon, Prince Edward Island, and a Master Services Agreement with Mohawk Medbuythe country's largest hospital procurement agency. Kaul shared with Proactive that the contract spans 36 months and includes options for two 12-month extensions. Each subscription under these contracts is projected to average $1,520 CAD annually, covering the costs associated with the Connected Health Kit, whi...

First Phosphate Corp Partners with Rapid Building Systems to Develop Manufacturing Plant in Quebec

Cloud PR Wire
–News Direct– First Phosphate Corp CEO John Passalacqua joined Steve Darling from Proactive to announce that the company has signed a partially binding letter of intent with Rapid Building Systems of Australia. This agreement marks the initial steps toward establishing a Rapidwall Manufacturing Plant in the Saguenay-Lac-St-Jean Region of Quebec. Once the terms are finalized, First Phosphate will obtain exclusive sales and marketing rights in Canada for RBS's Rapidwall and Rapidseal products. Passalacqua highlighted the strategic benefits of the Rapidwall Manufacturing System, explaining that it will enable First Phosphate to convert clean phosphogypsum, a byproduct from their upcoming purified phosphoric acid plant, into building panels. These panels are intended to support housi...