UL2580 Recognition for Electrovaya’s Lithium Iron Phosphate Infinity Cell
Electrovaya Inc. announced that its Infinity Series Lithium Ion Phosphate (LFP) cells have achieved UL2580 recognition, confirming their safety and reliability for electric vehicles. This certification signifies compliance with stringent safety standards, including external fire tests. The company’s LFP cells will be produced alongside its NMC cells at a planned facility in Jamestown, New York. […]
Carlyle Acquires Miramis Corp. and Nicola East Property Option, Completes Quesnel Gold Project Field Program, and Provides Corporate Update
Carlyle Commodities Corp. has completed the acquisition of Miramis Mining Corp. through an amalgamation agreement, allowing Carlyle to diversify its asset portfolio. Miramis, focused on mineral exploration in British Columbia, holds an option for the Nicola East property and has a history of mineralization in the southern Quesnel Trough. Carlyle issued 23,843,411 common shares in […]
Electrovaya Reports Fiscal Year 2024 Results
Electrovaya Inc. reported a revenue of $44.6 million and $4 million in adjusted EBITDA for FY 2024, marking its sixth consecutive quarter of positive EBITDA. The company achieved historic cash flow from operations and improved gross margins of 30.7%. A $51 million loan from the Export-Import Bank of the U.S. will support a manufacturing facility […]
VERSES Releases Latest Version of Genius™
VERSES AI Inc. has released a software update for its flagship product, Genius™, enhancing its reasoning and planning capabilities. This update, available to beta program participants, aims to assist machine learning practitioners with improved user experience, including a new model building interface and simplified tutorials. CEO Gabriel René highlighted Genius as a groundbreaking tool that […]
Alaska Energy Metals Extends Eureka Zone Mineralization 1.8
Alaska Energy Metals announced results from two drill holes in its 2024 Eureka resource expansion program, extending the Eureka deposit by 1.8 kilometers to approximately 5.5 km. Nickel is the primary commodity, alongside critical metals like copper, cobalt, and platinum. Significant intersections included EZ-24-012 with 330.9 meters at 0.28% nickel equivalent (NiEq) and EZ-24-011 with […]
VERSES Closes Third Tranche of LIFE Offering
VERSES AI Inc. has successfully closed its third tranche of a non-brokered private placement, raising $770,000 from a single investor. The LIFE Offering, comprising three tranches, has generated total gross proceeds of approximately $4.4 million. Each LIFE Unit issued includes one Class A Subordinate Voting share and half a share purchase warrant, with the warrant […]
Electrovaya Announces date for Q4 and FY-2024 Financial Results & Conference Call
Electrovaya Inc. (Nasdaq: ELVA, TSX: ELVA) will release its fourth quarter and fiscal year results for the period ending September 30, 2024, on December 12, 2024, after market close. A conference call featuring CEO Dr. Raj DasGupta and CFO John Gibson will take place at 5:00 p.m. ET to discuss the results and provide a […]
RUA Gold Reveals Effective Date for Consolidation
RUA GOLD ANNOUNCED EFFECTIVE DATE OF CONSOLIDATION – Rua Gold Rua Gold Inc. (TSXV: RUA) (OTC: NZAUF) (WKN: A4010V) (“RUA GOLD” or the “Company“) announces that the Company will implement the consolidation of its common shares in the capital of the Company (the “Shares”) on the basis of six (6) pre-consolidation Shares for every one […]
Electrovaya To Host Investor Webcast on December 5, 2024
Electrovaya Inc. (NASDAQ:ELVA, TSX:ELVA), a lithium-ion battery technology company, will host an investor webcast on December 5, 2024, at 2:00 pm EST, led by CEO Dr. Raj DasGupta and CFO John Gibson. Investors can register for the live event, which includes a Q&A session. The company, headquartered in Ontario, Canada, focuses on developing safe, long-lasting […]
Alaska Energy Metals Extends Higher-Grade Core Zone
Alaska Energy Metals announced significant assay results from two drill holes (EZ-24-009 and EZ-24-010) in its 2024 Eureka resource expansion drill program at the Nikolai Project in Alaska. The results confirm a 600-meter extension of the higher-grade core zone. EZ-24-009 intersected 67.3 meters at 0.39% nickel equivalent (NiEq), while EZ-24-010 showed 72.5 meters at the […]