Release – Voyager Digital (VYGVF) – Provides Business Update and March 2021 Metrics

 


Voyager Digital Provides Business Update and March 2021 Metrics

 

– Announces AUM Over US$2.4 Billion at March-End –
– Announces Over 1 Million Verified Users –
– Key Metrics Grew in Excess of 35% from February to March –

NEW YORK, April 6, 2021 /CNW/ – Voyager Digital Ltd. (“Voyager” or the “Company”) (CSE: VYGR) (OTCQB: VYGVF) (FRA: UCD2), a publicly-traded holding company, whose subsidiaries operate a licensed crypto-asset platform that provides investors with a turnkey solution to invest in and trade crypto assets, is pleased to provide stakeholders with a business update for the month ended March 31, 2021.

The Company has the following key metrics as of March 31, 2021:

  • Assets Under Management (AUM) exceeded US$2.4 billion
  • Total Funded Accounts at the end of March 2021 were over 270,000
  • Total Verified Users on the platform were over 1 million

Key monthly operating metrics for January through March 2021 are as follows:


March

2021

February
2021

January
2021

Net Deposits

$650M

$400M

$170M

New Funded Accounts

95,000

70,000

65,000

New Verified Users 

395,000

190,000

250,000

Principal Value traded

$2.5B

$1.6B

$840M

All figures are preliminary and unaudited and subject to final adjustment. All amounts are in U.S. dollars, unless otherwise indicated.

“March was another record-setting month for Voyager as our retail-focused, zero-commission platform continued to attract an active community for both Bitcoin and our industry leading offering of over 50 altcoins,” said Stephen Ehrlich, Co-Founder and CEO of Voyager. “All of our significant revenue-driving metrics increased in excess of 35% during the month of March from the previous month. As demand continues to accelerate for the Voyager Platform, we are enhancing our infrastructure to meet this swiftly growing demand and accommodate anticipated future growth as we expand our suite of offerings in the coming years.”

Mr. Ehrlich concluded, “Our management team is focused on the long-term opportunity to capture significant market-share within this rapidly expanding industry. The initiatives we are embarking on, such as adding new products to our platform and further geographic expansion, are designed to competitively position Voyager for long-term success. We will continue to execute on these initiatives and look forward to providing our investors another update on our next quarterly conference call.”

The Company also announced that going forward, it expects to provide updates for key operating metrics on a quarterly basis. Voyager believes this is consistent with industry best practices and will more closely align with the Company’s long-term focus. The Company expects to provide its next financial and operational update to investors on its next quarterly conference call, expected to occur in late May.

Voyager continues to actively engage with investors and expects to participate in the following upcoming events in April 2021:

15-Apr

Global Chinese Financial Forum

Info

21-Apr

Stifel Canada 2021 Cross Sector Insight Conference

Info

22-Apr

SNN – Planet Microcap Showcase

Info

27-Apr

H.C. Wainwright & Co. Cryptocurrency, Blockchain & FinTech Conference

Info

Voyager remains committed to advancing its trusted, secure, and compliant platform to serve the needs of its loyal community by offering a broad selection of digital assets, with industry leading interest rates, on a simple to use app for trading and investing in cryptocurrencies. For more information and to view the latest company presentation about Voyager Digital, please visit https://www.investvoyager.com.

About Voyager Digital Ltd.

Voyager Digital Ltd. is a publicly traded holding company whose subsidiaries operate a crypto-asset platform that provides retail and institutional investors with a turnkey solution to trade crypto assets. The Voyager Platform provides its customers with competitive price execution through its smart order router and as well as a custody solution on a wide choice of popular crypto-assets. Voyager was founded by established Wall Street and Silicon Valley entrepreneurs who teamed to bring a better, more transparent, and cost-efficient alternative for trading crypto-assets to the marketplace. Please visit us at https://www.investvoyager.com for more information.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. No securities regulatory authority has either approved or disapproved of the contents of this press release.

Other

The links to the investor events above are provided for convenience only. Voyager makes no representation or warranty as to the content of such links or as to the suitability of such investor events for any particular investor. Voyager disclaims all responsibility and liability in respect of such investor events and the links provided herein (and the content contained therein) do not form part of this press release and do not form part of Voyager’s public disclosure record.

Forward Looking Statements

Certain information in this press release, including, but not limited to, statements regarding future growth and performance of the business, momentum in the businesses, future adoption of digital assets, and the Company’s anticipated results may constitute forward looking information (collectively, forward-looking statements), which can be identified by the use of terms such as “may,” “will,” “should,” “expect,” “anticipate,” “project,” “estimate,” “intend,” “continue” or “believe” (or the negatives) or other similar variations. Because of various risks and uncertainties, including those referenced below, actual events or results may differ materially from those reflected or contemplated in such forward-looking statements. Forward looking statements are subject to the risk that the global economy, industry, or the Company’s businesses and investments do not perform as anticipated, that revenue or expenses estimates may not be met or may be materially less or more than those anticipated, that trading momentum does not continue or the demand for trading solutions declines, customer acquisition does not increase as planned, product and international expansion do not occur as planned and those other risks contained in the Company’s public filings, including in its Management Discussion and Analysis and its Annual Information Form (AIF). Factors that could cause actual results of the Company and its businesses to differ materially from those described in such forward-looking statements include, but are not limited to, a decline in the digital asset market or general economic conditions; the failure or delay in the adoption of digital assets and the blockchain ecosystem by institutions; a delay or failure in developing infrastructure for the trading businesses or achieving mandates and gaining traction; failure to grow assets under management, an adverse development with respect to an issuer or party to the transaction or failure to obtain a required regulatory approval. In connection with the forward-looking statements contained in this press release, the Company has made assumptions that no significant events occur outside of the Company’s normal course of business and that current trends in respect of digital assets continue. Forward-looking statements, past and present performance and trends are not guarantees of future performance, accordingly, you should not put undue reliance on forward-looking statements, past performance or current trends. Information identifying assumptions, risks and uncertainties relating to the Company are contained in its filings with the Canadian securities regulators available at www.sedar.com. The forward-looking statements in this press release are applicable only as of the date of this release or as of the date specified in the relevant forward-looking statement and the Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after that date or to reflect the occurrence of unanticipated events. Readers are cautioned that past performance is not indicative of future performance and current trends in the business and demand for digital assets may not continue and readers should not put undue reliance on past performance and current trends. All figures are in U.S. dollars unless otherwise noted.

Investor Relations:
Michael Legg
(212) 547-8807
mlegg@investvoyager.com

Phil Carlson / Scott Eckstein
(212) 896-1233 / (212) 896-1210
pcarlson@kcsa.com / seckstein@kcsa.com

Media:
Anthony Feldman / Raquel Cona
(347) 487-6194 / (212) 896-1204
afeldman@kcsa.com / rcona@kcsa.com

Angus Campbell
44 7881 625098
angus@nominis.co

Source: Voyager Digital Ltd.

Release – Palladium One Mining (NKORF)(PDM:CA) – Begins 2000-Meter Phase II Drilling


Palladium One Begins 2,000-Meter Phase II Drilling and Outlines EM Conductors at Smoke Lake High-Grade Sulphide Nickel Zone of the Tyko Project in Ontario

 

Toronto, Ontario–(Newsfile Corp. – April 6, 2021) –  A 2,000-meter Phase II drilling program at the high-grade Smoke Lake nickel discovery, which returned up to 9.9% Ni_Eq over 3.8 meters from surface (see press release January 19, 2021), on the Tyko Sulphide-Nickel-Copper project in Ontario, Canada, has started, said Palladium One Mining Inc. (TSXV: PDM) (FSE: 7N11) (OTCQB: NKORF) (“Palladium One” or the “Company”) today. In advance of drilling, in February 2021, detailed ground based Electromagnetic (“EM”) and Borehole Electromagnetic (“BHEM”) surveys were conducted to better define the conductors hosting the high-grade nickel mineralization.

EM and BHEM surveys conducted at Smoke Lake outlined two conductors, the deeper one was intersected by a single drill hole returning 6.3% Ni_Eq over 0.9 meters (see press release January 19, 2021) during the December 2020 drill program. This lower conductor extends beyond the EM survey grid to the northwest, where it remains open for extension.

Given the very encouraging results at Smoke Lake, we have commissioned a 3,000-line kilometer, high-resolution airborne, Versatile Time-Domain Electromagnetic (VTEM™ Max) survey covering the entire Tyko Nickel-Copper Project, which includes the Bulldozer mafic-ultramafic Intrusion, the objective of which is the discovery of additional EM anomalies such as the Smoke Lake anomaly. The survey is expected to be flown in May 2021,” said Derrick Weyrauch, President and CEO.

“In addition to the work conducted at Smoke Lake in Q1 2021, the Company also completed a short reconnaissance drill program of 1,233 meters in 5 drill holes and both EM and BHEM surveys on its Disraeli PGE-Ni-Cu project, located in Ontario, Canada and within the prolific mid-continental rift.”

“Significant cobalt bearing magnetite skarn mineralization was intersected. Notably, down hole geophysics outlined an off-hole conductor at the basement contact that may represent a mafic-ultramafic feeder system to the Disraeli Intrusion, which requires follow up,” said Weyrauch.

Highlights

  • 2,000-meter Phase II drilling program on the Smoke Lake high-grade sulphide nickel discovery at the Tyko Sulphide Nickel Project has started.
  • Ground based and borehole EM surveys have outlined two significant conductors at Smoke Lake, one of which extends beyond the survey area, where it remains open for extension.
  • High-resolution drone based magnetic survey data suggests a larger magnetic body occurs at depth, below and to the northeast of the Smoke Lake discovery.
  • 3,000-line kilometer airborne VTEM™ Max survey scheduled to be flown in May 2021 over the entire Tyko Sulphide-Nickel-Copper project.
  • Disraeli project drilling intersects cobalt bearing magnetite skarn mineralization.

Tyko Phase II Drilling Program and EM Surveys, Ontario, Canada

A 2,000-meter Phase II drilling program at the high-grade sulphide-nickel discovery of Smoke Lake has started. From surface, the Smoke Lake zone returned 9.9% Ni Eq over 3.8 meters (8.13 % Ni, 2.88% Cu, 0.11% Co, 0.61 g/t Pd, 0.71 g/t Pt and 0.02 g/t Au), (see news release January 19, 2021). This Phase II program is designed to infill and expand the high-grade sulphide-nickel mineralization. The program is expected to continue until the start of spring weather conditions.

In February 2021, high-resolution ground-based and borehole EM surveys were conducted at Smoke Lake. This second ground-based survey was undertaken to supplement the initial reconnaissance survey conducted in October 2020 (see press release December 7, 2020) . The February 2021 survey provided excellent data and allowed the modeling of two conductive plates (Figure 1) which closely match the drilling results to date (Figure 1 and 2). These plates consist of smaller highly conductive near surface plate and a larger less conductive but more expansive plate. The most significant result from this survey is that the lower most conductor continues off the survey grid area, to the northwest where it remains open for expansion.

In addition to the EM surveys, the Company commission an inversion of the high-resolution drone based magnetic survey which was flown in 2020 (see press release December 7, 2020). The inversion model shows a large southwest plunging body at depth, below the Smoke Lake zone. The Smoke Lake zone is associated with a strong magnetic high at surface and an elevated magnetic response at depth (Figure 3). This deep magnetic body may represent mafic-ultramafic rocks associated with the Smoke Lake nickel mineralization, and is a high priority target.

The Company has contracted to fly a 3,000-line kilometer high resolution (100-meter line spacing) airborne EM and magnetic survey using the VTEM™ Max system. The Tyko project encompasses 200 square kilometers, the vast majority of which has seen little to no exploration or even government regional mapping. The western portion of the project has been the subject of several historic airborne EM surveys, using the technology of that time (Figure 4.), however the eastern portion is only partially covered by a 1980’s Noranda survey.

Notably it was the old 1980’s survey that detected the Smoke Lake EM anomaly at the very end of one of the flight lines (Figure 4). There is very limited airborne EM coverage surrounding the high-grade Smoke Lake nickel discovery, and absolutely no survey coverage to the south. This “terra incognita” is highly prospective for additional massive nickel sulphide discoveries, as it also hosts the Company’s Shabotik showing which has returned up to 1.0 % nickel in grab samples (see press release August 19, 2019).

Table 1: Tyko 2020 Drill Results from the Smoke Lake Discovery

Hole From (m) To (m) Width (m) Ni_Eq % Ni_Eq lbs/t Ni % Cu % Co % PGE g/t (Pd+Pt+Au) Pd g/t Pt g/t Au g/t
TK-20-015 30.0 32.4 2.3 4.78 105 3.90 1.41 0.05 0.84 0.48 0.35 0.01
Inc. 31.4 32.4 1.0 8.04 177 7.26 0.85 0.09 1.05 0.57 0.48 0.01
TK-20-016 29.0 32.8 3.8 8.74 193 6.65 3.70 0.09 1.51 0.67 0.81 0.03
Inc. 29.8 32.5 2.7 9.80 216 7.47 4.16 0.10 1.64 0.74 0.87 0.03
Inc. 29.8 30.3 0.5 10.05 221 8.20 3.08 0.10 1.50 0.88 0.58 0.04
TK-20-017 28.1 32.3 4.2 1.71 38 1.17 0.99 0.02 0.32 0.18 0.14 0.01
Inc. 29.0 31.1 2.1 3.08 68 2.14 1.75 0.03 0.58 0.32 0.25 0.01
Inc. 29.9 30.5 0.6 5.20 115 3.88 2.34 0.05 0.98 0.52 0.45 0.02
TK-20-018 36.6 37.6 1.0 1.34 30 0.95 0.54 0.02 0.52 0.30 0.21 0.01
TK-20-019 28.7 30.4 1.7 5.87 129 3.89 3.90 0.06 0.94 0.45 0.48 0.02
Inc. 29.5 30.4 0.8 8.71 192 6.17 4.73 0.09 1.59 0.79 0.78 0.02
TK-20-020 32.1 38.7 6.6 0.92 20 0.65 0.45 0.01 0.20 0.09 0.11 0.00
Inc. 32.1 34.1 2.0 1.86 41 1.29 1.07 0.02 0.37 0.18 0.19 0.01
TK-20-021 47.8 49.6 1.8 3.91 86 2.75 1.79 0.09 0.97 0.38 0.58 0.02
Inc. 47.8 49.0 1.2 5.38 119 3.76 2.49 0.13 1.31 0.50 0.79 0.03
TK-20-022 46.8 51.0 4.2 7.46 164 5.83 2.74 0.09 1.28 0.56 0.70 0.01
Inc. 48.5 50.6 2.1 8.78 193 7.26 2.34 0.12 1.30 0.48 0.81 0.01
TK-20-023 5.3 12.8 7.5 6.07 134 4.49 2.86 0.06 1.01 0.44 0.55 0.02
Inc. 8.9 12.8 3.8 9.87 218 8.13 2.88 0.11 1.33 0.61 0.71 0.02
Inc. 8.9 10.5 1.6 11.05 244 9.80 1.67 0.13 1.27 0.54 0.72 0.01
Inc. 9.5 10.0 0.5 11.21 247 10.30 0.80 0.15 1.25 0.50 0.74 0.02
TK-20-024 109.0 109.9 0.9 6.27 138 5.42 0.96 0.07 1.40 0.71 0.68 0.01
Inc. 109.0 109.6 0.6 7.85 173 7.01 0.63 0.09 1.80 0.93 0.86 0.01
TK-20-025 36.6 39.8 3.2 6.32 139 4.43 3.63 0.07 0.87 0.43 0.41 0.02
Inc. 36.6 38.8 2.2 8.72 192 6.15 4.94 0.10 1.19 0.60 0.56 0.03
Inc. 37.2 37.8 0.6 11.82 261 9.65 3.69 0.13 1.48 0.94 0.53 0.01
TK-20-026 49.5 56.5 7.1 0.47 10 0.26 0.39 0.01 0.12 0.04 0.06 0.03
Inc. 52.7 53.3 0.6 1.32 29 0.48 1.72 0.02 0.25 0.09 0.15 0.01
TK-20-027 15.8 29.5 13.7 0.25 5 0.16 0.15 0.00 0.05 0.02 0.03 0.00
Inc. 18.8 21.7 2.9 0.67 15 0.48 0.29 0.01 0.19 0.08 0.11 0.00

 
(1) Reported widths are “drilled widths” not true widths.
(2) Shaded results are previously released, see press release January 5, 2020January 12, 2021January 19, 2021

Figure 1. Smoke Lake location map showing new EM plates with 2020 drill holes overlain on first vertical magnetics.

 

Figure 2. Cross Section of the Smoke Lake zone showing 2020 drill holes. (see news release January 12, 2021)

 

Figure 3. Isometric view of the Smoke Lake zone area looking north-northwest showing 2020 drill holes and inverted drone based high-resolution magnetic isoshells.

 

Figure 4. Tyko Project showing total field magnetics and mineralized zones (yellow triangles). Fight lines (in black) for 1980’s Noranda survey are shown to illustrate how it detected the Smoke Lake EM anomaly at the very end of a line.

Disraeli PGE-Ni-Cu Project Drilling and EM Surveys, Ontario, Canada

In January 2021, the Company constructed a 2-kilometre ice road and then drilled 5 ice-based holes totalling 1,233 meters to test several airborne EM conductors and a reversely polarized magnetic body under Hook bay of Disraeli Lake (see news release December 9, 2020). One conductor was found to be caused by massive magnetite copper-cobalt-nickel Skarn, while several of the airborne EM conductors proved to be the result of lake sediments. (Figure 5), (Table 2). The reversely polarized magnetic body requires additional follow up as it was not adequately explained, it may be the result of a reversely polarized granophyric sill located below the Disraeli Intrusion and/or a magnetite skarn.

Borehole EM surveys were conducted on all holes drilled and were hindered by very high background conductivity, which may be the result of saline brines in the Sibley Formation sediments. Of particular note was an off-hole EM conductor identified at the Sibley – Quetico (metasedimentary basement rocks) contact (Figure 6). Unseasonably warm conditions in early March resulted in deterioration of the ice road, cutting the drill program short and thus this target was not able to be tested. This target remains a priority target.

The copper-cobalt-nickel magnetite skarn is of particular interest as it is enriched in cobalt (Table 2). The mineralization intersected in the recent program is very similar to skarn mineralization intersected 1.5 kilometers to the south in holes U17-01 and U17-02 by a previous operator. These holes intersected up to 0.13 % cobalt over 2.0 meters and 0.16 % cobalt over 0.45 meters respectively.

This cobalt bearing skarn-style mineralization has now been intersected by 4 holes on the Disraeli project indicating it is much more widespread that previously thought. The mineralization is hosted in the carbonate-rich (dolomite) Rossport unit of the Sibley Formation, mostly likely representing replacement of stromatolitic beds within the sediments. It consists of massive to stringer magnetite with 10-20% sulphides consisting of pyrite, pyrrhotite, and chalcopyrite (Figure 7).This skarn mineralization is indicative of widespread hydrothermal alteration associated with either the Disraeli intrusion or another unknown mafic-ultramafic intrusion at depth. Additional, copper mineralization is known to occur in the greater Disraeli Lake area as chalcocite and malachite hosted in stromatolites with the Sibley sediments, grab samples collected by the Ministry of Northern development in 2011 returned up to 1.57% Cu (Mineral Deposit Index MDI52H02NW00002) from this style of mineralization. All of this indicates a significant magmatic hydrothermal system was present in the Disraeli Lake area, and suggests thicker and higher-grade areas of cobalt skarn mineralization are yet to be discovered.

Table 2: Disraeli Significant Drill Hole Intersections

Operator Hole From (m) To (m) Width (m) Cu % Co % Ni %
Ursa Major U17-01 133.50 138.95 5.45 0.12 0.07 0.05

Inc. 136.00 138.00 2.00 0.11 0.13 0.06
Ursa Major U17-02 114.95 119.97 5.02 0.14 0.07 0.07

Inc. 116.93 117.38 0.45 0.13 0.16 0.12
Palladium One DL21-001 No Significant Intersections
Palladium One DL21-002 127.10 129.73 2.63 0.12 0.05 0.09
Palladium One DL21-003 No Significant Intersections
Palladium One DL21-004 No Significant Intersections
Palladium One DL21-005 127.65 129.90 2.25 0.04 0.03 0.00

 
* Reported widths are “drilled widths” not true widths.
** Orange shaded values are historic previously released results (see Ursa Major Inc. press release June 2, 2011)

 

Figure 5. Disraeli drill hole location map, background is total field magnetics.

 

Figure 6. Disraeli Project Isometric view looking north-northwest, showing the location of holes DL21-002, 003 and 005 along with down Hole EM plates and VOXI inverted strongly magnetic body.

 

Figure 7. Cu-Co-Ni mineralized massive magnetite skarn mineralization form hole DL21-002.

*Nickel Equivalent (“Ni_Eq”)
Nickel equivalent is calculated using US$1,100 per ounce for palladium, US$950 per ounce for platinum, US$1,300 per ounce for gold, US$6,614 per tonne (US$3.00 per pound) for copper, US$15,432 per tonne (US$7.00 per pound) for nickel and US$30,865 per tonne (US$14 per pound) for Cobalt. This calculation is consistent with the commodity prices used in the Company’s September 2019 NI 43-101 Kaukua resource estimate.

QA/QC

The Phase I drilling program was carried out under the supervision of Neil Pettigrew, M.Sc., P. Geo., Vice President of Exploration and a director of the Company.

Drill core samples were split using a rock saw by Company staff, with half retained in the core box. The drill core samples were transported by company staff the Company’s core handling facility, to Actlabs laboratory in Thunder Bay, Ontario. Actlabs, is an accredited lab and are ISO compliant (ISO 9001:2015, ISO/IEC 17025:2017). PGE analysis was performed using a 30 grams fire assay with an ICP-MS or ICP-OES finish. Multi-element analyses, including copper and nickel were analysed by four acid digestion using 0.5 grams with an ICP-MS or ICP-OES finish.

Certified standards, blanks and crushed duplicates are placed in the sample stream at a rate of one QA/QC sample per 10 core samples. Results are analyzed for acceptance at the time of import. All standards associated with the results in this press release were determined to be acceptable within the defined limits of the standard used

About Tyko Ni-Cu-PGE Project
The Tyko Ni-Cu-PGE Project, is located approximately 65 kilometers northeast of Marathon Ontario, Canada. Tyko is an early stage, high sulphide tenor, nickel focused project with the most recent drill hole intercepts returning up to 9.9% Ni_Eq over 3.8 meters (8.1% Ni, 2.9% Cu, 1.3g/t PGE) in hole TK-20-023.

Qualified Person
The technical information in this release has been reviewed and verified by Neil Pettigrew, M.Sc., P. Geo., Vice President of Exploration and a director of the Company and the Qualified Person as defined by National Instrument 43-101.

About Palladium One
Palladium One Mining Inc. is an exploration company targeting district scale, platinum-group-element (PGE)-copper nickel deposits in Finland and Canada. Its flagship project is the Läntinen Koillismaa or LK Project, a palladium dominant platinum group element-copper-nickel project in north-central Finland, ranked by the Fraser Institute as one of the world’s top countries for mineral exploration and development. Exploration at LK is focused on targeting disseminated sulfides along 38 kilometers of favorable basal contact and building on an established NI 43-101 open pit resource.

ON BEHALF OF THE BOARD
“Derrick Weyrauch”
President & CEO, Director

For further information contact: Derrick Weyrauch, President & CEO
Email: 
info@palladiumoneinc.com

Neither the TSX Venture Exchange nor its Market Regulator (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release includes “forward-looking information” that is subject to a few assumptions, risks and uncertainties, many of which are beyond the control of the Company. Statements regarding listing of the Company’s common shares on the TSXV are subject to all of the risks and uncertainties normally incident to such events. Investors are cautioned that any such statements are not guarantees of future events and that actual events or developments may differ materially from those projected in the forward-looking statements. Such forward-looking statements represent management’s best judgment based on information currently available. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions and general business conditions. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including those set out in the Company’s annual information form dated April 29, 2020 and filed under the Company’s profile on SEDAR at www.sedar.com. The Company does not undertake to update forward?looking statements or forward?looking information, except as required by law. 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.

Release – PLBY Group Inc. (PLBY) – Playboy and Nifty Gateway Partner to Bring 70-Year Art Legacy to Blockchain


Playboy and Nifty Gateway Partner to Bring 70-Year Art Legacy to Blockchain

 

Partnership features upcoming NFT art collaborations with major digital artists and grants to support emerging artists

NEW YORK and LOS ANGELES, April 06, 2021 (GLOBE NEWSWIRE) — Playboy, the iconic brand owned by PLBY Group, Inc. (NASDAQ: PLBY) and Nifty Gateway, the Gemini-owned all-in-one platform that makes it easy to buy, sell, and store digital art and collectibles, today announced a partnership to create a series of Playboy x Nifty digital art collaborations on Nifty Gateway’s blockchain-powered marketplace as the start to its long-term relationship. The partnership will kick off with an upcoming Playboy x Slimesunday release of original works developed by Slimesunday in partnership with Playboy’s editorial and archival curators, followed by participation in a Pride-themed curation in June with digital artist Blake Kathryn.

The longer-term Playboy x Nifty relationship will focus on three key areas: artist collaborations with Playboy’s vast art and photography archive, an ongoing effort to incubate and commission new artist NFT works including providing grants specifically designed to support emerging and underrepresented artists entering the NFT art community, and the curation and sales of Playboy’s iconic art collection in NFT form.

Playboy’s entry into the crypto art world is a natural extension of the brand’s 67-year commitment to providing a platform for artists, writers and photographers to freely express themselves and to connect with vast audiences. From Pablo Picasso and Salvador Dalí to Keith Haring and Andy Warhol, Playboy has served as a creative incubator for some of the world’s most legendary artists. Playboy’s contemporary arts program continues to build on that legacy with a focus on platforming more female artists and diverse voices, including profiles and events with such artists as Marilyn Minter, Xaviera Simmons, and Hank Willis Thomas. Playboy’s archives contain an immense wealth of original artwork, photography, cartoons, interviews, and multimedia ripe for exploration by digital audiences, art lovers and collectors.

“Since its inception, Playboy has championed artists and creative self-expression, turning its magazine pages and the walls of Playboy’s iconic spaces into an ever-expanding, priceless art collection. We’re thrilled to partner with Nifty Gateway, a platform and team dedicated to the artist community and technology security and efficiency, to allow a new generation to not only experience, but also to collect unique works from, this unparalleled collection,” said Rachel Webber, Chief Brand Officer & President of Corporate Strategy at PLBY Group.

“And in addition to bringing our existing archive to the blockchain, what’s equally exciting about our partnership with the Nifty team is our shared commitment to fostering and commissioning new work and supporting up-and-coming artists. We can’t wait to release more details soon from our partnership with Blake Kathryn, and from our collaboration with Slimesunday, an artist we’ve worked with previously in print form. We wholeheartedly believe in the future of a blockchain- and crypto-powered art world that ensures artist and collector protection, ongoing artist compensation, and the democratization of distribution and collecting. We’re thrilled to dive in with Nifty, and to continue learning and contributing.”

Ashley Ramos, Senior Producer at Nifty Gateway, said, “It is exciting to work with such an iconic brand that has long served as an incubator for both established and up-and-coming artists. Nifty Gateway and Playboy are both committed to creating authentic opportunities for artists to showcase their work, and we are excited that Playboy has entered the NFT space with care, creative intention and commitment to the artists and the NFT community. We’re thrilled to give our artists access to the legendary work from Playboy’s archives for collaborative purposes, alongside new works in commission.”

About PLBY Group, Inc.
PLBY Group, Inc. (“PLBY Group”) connects consumers around the world with products, services, and experiences to help them look good, feel good, and have fun. PLBY Group serves consumers in four major categories: Sexual Wellness, Style & Apparel, Gaming & Lifestyle, and Beauty & Grooming. PLBY Group’s flagship consumer brand, Playboy, is one of the most recognizable, iconic brands in the world, driving more than $3 billion in global consumer spend annually across 180 countries. Learn more at http://www.plbygroup.com.

About Nifty Gateway
Nifty Gateway is the premiere, all-in-one platform that makes it easy to buy, sell, and store digital art and collectibles, otherwise known as Nifties (or NFTs). Nifty Gateway was founded by Duncan and Griffin Cock Foster in 2018, and acquired by Gemini in 2019, with the belief that crypto networks and the blockchain have the power to fundamentally change the art world by creating greater choice, independence, and opportunity for artists, creators, and collectors.

About Slimesunday
Slimesunday is a digital collage artist based out of Boston MA. He consistently pushes the limits of what is acceptable in mainstream media exploring censorship through bizarre and erotic topics. While often having his work banned from social platforms for violating their terms and conditions he ironically has amassed a large social following. Since he began sharing his work as NFTs, Slimesunday has become the 6th highest earning artist in the space. Slimesunday’s art can also be found in Playboy, Penthouse, Hunger, Plastik, and Glamour Magazine. He has been involved with projects with J. Cole, Lana Del Rey, Katy Perry, J Balvin, and Beck. He is the current art director for 3LAU and makes up half of the audio-visual project SSX3LAU.

About Blake Kathryn
Blake Kathryn is a Los Angeles based visual artist with a surreal futurist aesthetic. Her work fuses vibrant palettes with ethereal undertones, creating dreamlike experiences across various forms of media. Blake’s subject matter spans across several realms, including the female form, architectural studies and immersive dreamspaces.

Contacts:
PLBY Group: press@plbygroup.com 
Nifty Gateway: press@niftygateway.com 

Industry Report – Energy – Where Is The Supply Response?

Monday, April 5, 2021

Energy Industry Report

Where Is The Supply Response?

Michael Heim, CFA, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to end of report for Analyst Certification & Disclosures

  • Oil prices continued their upward trend in the first quarter with WTI
    prices reaching mid-sixties in early March before closing the quarter closer to
    $60/bbl. 
    The oil future curve is flat with longer-term pricing just below $60/bbl. Meanwhile, domestic producers have been slow to react to higher oil prices.  There are slightly more than half the number of active oil rigs in the United States versus this time last year (324 verses 624) and only 25% of the rigs operating at peak (1600).
  • Natural gas prices followed oil prices up in January and February due to
    much-publicized cold fronts across the Midwest.
    The May contract peaked at $3.22/mcf on February 16th. However, prices fell in March when warmer weather took over. The recent decline in natural gas prices mirrors what can be seen in the natural gas storage numbers. Storage began the winter near full capacity but has fallen sharply in January and February due to cold weather.
  • Energy stocks, as measured by the XLE Energy Index, rose alongside oil
    prices climbing 32% during the quarter.
    The rebound in oil prices came faster than expected and is staying higher than we would have expected.  Our near-term outlook for energy stocks remains positive. We expect companies to report favorable results for the next few quarters. Longer-term, we have concern that oil demand will be constrained by power generation competition from renewable energy and decreased demand for gasoline and diesel due to a growth in electric vehicles.

Oil Prices

Oil prices continued their upward trend in the first quarter with WTI prices reaching mid-sixties in early March before closing the quarter closer to $60/bbl. Brent oil prices are trading approximately 5% above WTI prices. Improving global economic trends have improved the outlook for oil demand. OPEC, which initiated supply reductions last year, has maintained those reductions despite the improved demand outlook. Near-term, temporary events such as cold weather and the blockage of the SUEZ canal have helped keep spot prices high. The oil future curve is flat with longer-term pricing just below $60/bbl.


Meanwhile, domestic producers have been slow to react to higher oil prices. There are slightly more than half the number of active oil rigs in the United States versus this time last year (324 verses 624) and only 25% of the rigs operating at peak (1600). Note in the graph below how WTI oil prices began rising in the fall of 2020, but the rig count barely responded. International rig counts show a similar story. We are somewhat at a loss to explain the slow supply reaction to higher prices. Perhaps COVID issues are making it difficult to man the crews needed to run rigs. Perhaps producers are wary of supply bottlenecks that pushed oil prices into negative levels last fall. Perhaps producers believe OPEC will punish U.S. producers that expand when prices cross $50/bbl. by opening up supply and driving prices back down below $40/bbl. Whatever the reason, the lack of a supply response has the effect of keeping oil prices above the levels we believe would occur when supply and demand are in balance.

 

Natural Gas Prices

Natural gas prices followed oil prices up in January and February due to much-publicized cold fronts across the Midwest. The May contract peaked at $3.22/mcf on February 16th. However, prices fell in March when warmer weather took over. Current prices are near $2.60/mcf, close to where they began the quarter. Natural gas futures rise modestly as they stretch into the fall approaching $2.75/mcf. There were 92 gas drilling rigs in operation as of March 26th down from 102 rigs a year ago.


The recent decline in natural gas prices mirrors what can be seen in the natural gas storage numbers. Storage began the winter near full capacity but has fallen sharply in January and February due to cold weather. At current levels, storage is near 5-year averages. As we enter the end of the heating season, there is little chance that levels will move away from average levels.



Energy Stocks

Energy stocks, as measured by the XLE Energy Index, rose alongside oil prices climbing 32% during the quarter. The chart below shows that the performance of energy stocks in comparison to the S&P Composite Index.

 

Outlook

The rebound in oil prices came faster than expected and is staying higher than we would have expected. We have been adjusting our models to reflect higher prices but are maintaining our long-term oil price forecast of $50 per barrel and $2.50 per mcf. Energy companies should start reporting positive cash flow at these prices and increasing drilling budgets.

Our near-term outlook for energy stocks remains positive. We expect companies to report favorable results for the next few quarters. Longer-term, we have concern that oil demand will be constrained by power generation competition from renewable energy and decreased demand for gasoline and diesel due to a growth in electric vehicles. At the same time, increased supply from OPEC and continued drilling productivity will mean lower energy prices. We recommend investors stay focused on energy companies with solid balance sheets, low operating costs and protected prices.

 

GENERAL DISCLAIMERS

All statements or opinions contained herein that include the words “we”, “us”, or “our” are solely the responsibility of Noble Capital Markets, Inc. (“Noble”) and do not necessarily reflect statements or opinions expressed by any person or party affiliated with the company mentioned in this report. Any opinions expressed herein are subject to change without notice. All information provided herein is based on public and non-public information believed to be accurate and reliable, but is not necessarily complete and cannot be guaranteed. No judgment is hereby expressed or should be implied as to the suitability of any security described herein for any specific investor or any specific investment portfolio. The decision to undertake any investment regarding the security mentioned herein should be made by each reader of this publication based on its own appraisal of the implications and risks of such decision.

This publication is intended for information purposes only and shall not constitute an offer to buy/sell or the solicitation of an offer to buy/sell any security mentioned in this report, nor shall there be any sale of the security herein in any state or domicile in which said offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or domicile. This publication and all information, comments, statements or opinions contained or expressed herein are applicable only as of the date of this publication and subject to change without prior notice. Past performance is not indicative of future results.

Noble accepts no liability for loss arising from the use of the material in this report, except that this exclusion of liability does not apply to the extent that such liability arises under specific statutes or regulations applicable to Noble. This report is not to be relied upon as a substitute for the exercising of independent judgement. Noble may have published, and may in the future publish, other research reports that are inconsistent with, and reach different conclusions from, the information provided in this report. Noble is under no obligation to bring to the attention of any recipient of this report, any past or future reports. Investors should only consider this report as single factor in making an investment decision.

IMPORTANT DISCLOSURES

This publication is confidential for the information of the addressee only and may not be reproduced in whole or in part, copies circulated, or discussed to another party, without the written consent of Noble Capital Markets, Inc. (“Noble”). Noble seeks to update its research as appropriate, but may be unable to do so based upon various regulatory constraints. Research reports are not published at regular intervals; publication times and dates are based upon the analyst’s judgement. Noble professionals including traders, salespeople and investment bankers may provide written or oral market commentary, or discuss trading strategies to Noble clients and the Noble proprietary trading desk that reflect opinions that are contrary to the opinions expressed in this research report.

The majority of companies that Noble follows are emerging growth companies. Securities in these companies involve a higher degree of risk and more volatility than the securities of more established companies. The securities discussed in Noble research reports may not be suitable for some investors and as such, investors must take extra care and make their own determination of the appropriateness of an investment based upon risk tolerance, investment objectives and financial status.

Company Specific Disclosures

The following disclosures relate to relationships between Noble and the company (the “Company”) covered by the Noble Research Division and referred to in this research report.

Noble is not a market maker in any of the companies mentioned in this report. Noble intends to seek compensation for investment banking services and noninvestment banking services (securities and non-securities related) with any or all of the companies mentioned in this report within the next 3 months.

ANALYST CREDENTIALS, PROFESSIONAL DESIGNATIONS, AND EXPERIENCE

Senior Equity Analyst focusing on energy and utility stocks. 24 years of experience as an analyst. Chartered Financial Analyst©. MBA from Washington University in St. Louis and BA in Economics from Carleton College in Minnesota. Named WSJ ‘Best on the Street’ Analyst four times. Named Forbes/StarMine’s “Best Brokerage Analyst” three times. FINRA licenses 7, 63, 86, 87.

WARNING

This report is intended to provide general securities advice, and does not purport to make any recommendation that any securities transaction is appropriate for any recipient particular investment objectives, financial situation or particular needs. Prior to making any investment decision, recipients should assess, or seek advice from their advisors, on whether any relevant part of this report is appropriate to their individual circumstances. If a recipient was referred to by an investment advisor, that advisor may receive a benefit in respect of transactions effected on the recipients behalf, details of which will be available on request in regard to a transaction that involves a personalized securities recommendation. Additional risks associated with the security mentioned in this report that might impede achievement of the target can be found in its initial report issued by . This report may not be reproduced, distributed or published for any purpose unless authorized by.

RESEARCH ANALYST CERTIFICATION

Independence Of View

All views expressed in this report accurately reflect my personal views about the subject securities or issuers.

Receipt of Compensation

No part of my compensation was, is, or will be directly or indirectly related to any specific recommendations or views expressed in the public appearance and/or research report.

Ownership and Material Conflicts of Interest

Neither I nor anybody in my household has a financial interest in the securities of the subject company or any other company mentioned in this report.

NOBLE RATINGS DEFINITIONS % OF SECURITIES COVERED % IB CLIENTS
Outperform: potential return is >15% above the current price 78% 34%
Market Perform: potential return is -15% to 15% of the current price 5% 1%
Underperform: potential return is >15% below the current price 0% 0%

NOTE: On August 20, 2018, Noble Capital Markets, Inc. changed the terminology of its ratings (as shown above) from “Buy” to “Outperform”, from “Hold” to “Market Perform” and from “Sell” to “Underperform.” The percentage relationships, as compared to current price (definitions), have remained the same.

Additional information is available upon request. Any recipient of this report that wishes further information regarding the subject company or the disclosure information mentioned herein, should contact Noble Capital Markets, Inc. by mail or phone.

Noble Capital Markets, Inc.
225 NE Mizner Blvd. Suite 150
Boca Raton, FL 33432
561-994-1191

Noble Capital Markets, Inc. is a FINRA (Financial Industry Regulatory Authority) registered broker/dealer.
Noble Capital Markets, Inc. is an MSRB (Municipal Securities Rulemaking Board) registered broker/dealer.
Member – SIPC (Securities Investor Protection Corporation)

Report ID: 11924

Golden Predator Mining (NTGSF)(GPY:CA) – Moving Right Along

Monday, April 05, 2021

Golden Predator Mining (NTGSF)(GPY:CA)
Moving Right Along

Golden Predator Mining Corp is a Canada based exploration stage company engaged in the business of acquiring and exploring mineral properties. It owns properties primarily in Yukon, Canada. Some of the company’s projects located in Yukon are the 3 Aces, Sprogge, Reef, Brewery Creek, Marg, Sonora Gulch, Grew Creek, Upper Hyland and others.

Mark Reichman, Senior Research Analyst of Natural Resources, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

    License renewal applications. During the first quarter, Golden Predator submitted renewal applications for its water use and quartz mining licenses associated with its Brewery Creek Mine. The licenses expire December 31, 2021 and the company seeks renewal for an additional 10 years under the existing terms. In support of the renewal applications, the company intends to submit a project plan description early in the third quarter of 2021 for assessment by the Yukon Environmental and Economic Board.

    Bankable feasibility study.  A bankable feasibility study, expected to be completed early in the third quarter of 2021, is being completed by Kappes Cassiday & Associates and will include a multi-year mine plan for Brewery Creek. In addition to an inventory of material on the heap to be re-processed and a plan to resume mining of material from leachable resources, it will also include an analysis of …



This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision. 

Genprex (GNPX) – to Present at the 2021 Virtual Cell and Gene Meeting on the Mediterranean


Genprex to Present at the 2021 Virtual Cell & Gene Meeting on the Mediterranean

AUSTIN, Texas — (April 5, 2021) — Genprex, Inc. (“Genprex” or the “Company”) (NASDAQ: GNPX), a clinical-stage gene therapy company focused on developing life-changing therapies for patients with cancer and diabetes, today announced that its Executive Vice President and Chief Operating Officer, Michael Redman, will present at the annual Cell & Gene Meeting on the Mediterranean, which will take place virtually April 6-9, 2021.

Event: 2021 Virtual Cell & Gene Meeting on the Mediterranean

Date: The conference will take place virtually Tuesday, April 6  – Friday, April 9

Time: Company presentations will be available to view on-demand throughout the entirety of the conference

Organized by the Alliance for Regenerative Medicine, the Cell & Gene Meeting on the Mediterranean is a four-day virtual conference featuring more than 80 dedicated company presentations by leading public and private companies, highlighting technical and clinical achievements over the past 12 months in the areas of cell therapy, gene therapy, gene editing, tissue engineering, and broader regenerative medicine technologies. The meeting also includes more than 50 panelists and featured speakers taking part in 13 in-depth sessions covering all aspects of cell and gene therapy commercialization.

Complimentary attendance at this event is available for credentialed investors and members of the media only. Investors should contact Laura Stringham at lstringham@alliancerm.org and interested media should contact Kaitlyn Dupont at kdupont@alliancerm.org.

About Genprex, Inc.

Genprex, Inc. is a clinical-stage gene therapy company focused on developing life-changing therapies for patients with cancer and diabetes. Genprex’s technologies are designed to administer disease-fighting genes to provide new therapies for large patient populations with cancer and diabetes who currently have limited treatment options. Genprex works with world-class institutions and collaborators to develop drug candidates to further its pipeline of gene therapies in order to provide novel treatment approaches. The Company’s lead product candidate, REQORSA™ (quaratusugene ozeplasmid), is being evaluated as a treatment for non-small cell lung cancer (NSCLC). REQORSA has a multimodal mechanism of action that has been shown to interrupt cell signaling pathways that cause replication and proliferation of cancer cells; re-establish pathways for apoptosis, or programmed cell death, in cancer cells; and modulate the immune response against cancer cells. REQORSA has also been shown to block mechanisms that create drug resistance. In January 2020, the U.S. Food and Drug Administration granted Fast Track Designation for REQORSA for NSCLC in combination therapy with osimertinib (AstraZeneca’s Tagrisso®) for patients with EFGR mutations whose tumors progressed after treatment with osimertinib alone

For more information, please visit the Company’s web site at www.genprex.com or follow Genprex on TwitterFacebook and LinkedIn.

Forward-Looking Statements 

Statements contained in this press release regarding matters that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Such statements include, but are not limited to, statements regarding the effect of Genprex’s product candidates, alone and in combination with other therapies, on cancer and diabetes, regarding potential, current, regarding the Company’s future growth and financial status and regarding our commercial partnerships and intellectual property licenses. Risks that contribute to the uncertain nature of the forward-looking statements include the presence and level of the effect of our product candidates, alone and in combination with other therapies, on cancer; the timing and success of our clinical trials and planned clinical trials of REQORSA™ immunogene therapy drug, alone and in combination with targeted therapies and/or immunotherapies, and whether our other potential product candidates, including GPX-002, our gene therapy in diabetes, advance into clinical trials; the success of our strategic partnerships, including those relating to manufacturing of our product candidates; the timing and success at all of obtaining any FDA approvals of REQORSA and our other potential product candidates including whether we receive necessary approvals to commence clinical trials or benefit from fast track or similar regulatory designations; costs associated with developing our product candidates, whether we identify and succeed in acquiring other technologies and whether patents will ever be issued under patent applications that are the subject of our license agreements or otherwise. These and other risks and uncertainties are described more fully under the caption “Risk Factors” and elsewhere in our filings and reports with the United States Securities and Exchange Commission. All forward-looking statements contained in this press release speak only as of the date on which they were made. We undertake no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.

Genprex, Inc.
(877) 774-GNPX (4679)

Investor Relations
GNPX Investor Relations
(877) 774-GNPX (4679) ext. #2
investors@genprex.com

Media Contact
Genprex Media Relations
(877) 774-GNPX (4679) ext. #3
media@genprex.com

Capstone Turbine (CPST) – CEO To Discuss Recent Revenue Growth Trends At The Upcoming Noble Capital Markets’ Virtual Road Show


Capstone Turbine CEO To Discuss Recent Revenue Growth Trends At The Upcoming Noble Capital Markets’ Virtual Road Show

 

VAN NUYS, CA / ACCESSWIRE / April 1, 2021 / Capstone Turbine Corporation (NASDAQ:CPST), the world’s leading manufacturer of clean energy technology microturbine systems, today announced their participation in Noble Capital Markets’ Virtual Road Show Series, presented by Channelchek, scheduled for Tuesday, April 6, 2021.

The virtual road show will feature a corporate presentation from Capstone Turbine President and Chief Executive Officer Darren Jamison, followed by a question and answer session moderated by Noble Senior Research Analyst Michael Heim, highlighting questions submitted by the audience.

“I look forward to discussing our recent top line revenue growth with potential shareholders as we execute against our strategic Revenue Growth Strategy, which consists of a six-element initiative designed to drive top line annual revenue,” said Darren Jamison, President and Chief Executive Officer of Capstone Turbine.

“I expect that the new Biden administration will create positive momentum for green initiatives and companies like Capstone, as President Biden recently signed an executive order to rejoin the U.S. into the Paris climate accord, his first major action to tackle global warming. In addition, the President’s recently proposed infrastructure plan will most likely have a green building and sustainability element,” added Mr. Jamison.

The live broadcast of the virtual road show is scheduled for Tuesday, April 6, 2021, at 1 PM EDT. Registration is free and open to all investors, at any level. Register Here.

Noble’s research, as well as news and advanced market data on Capstone Turbine is available on Channelchek.

About Capstone Turbine Corporation
Capstone Turbine Corporation (www.capstoneturbine.com) (NASDAQ:CPST) is the world’s leading producer of highly efficient, low-emission, resilient microturbine energy systems. Capstone microturbines serve multiple vertical markets worldwide, including natural resources, energy efficiency, renewable energy, critical power supply, transportation and microgrids. Capstone offers a comprehensive product lineup via our direct sales team, as well as our global distribution network. Capstone provides scalable solutions from 30 kWs to 10 MWs that operate on a variety of fuels and are the ideal solution for today’s multi-technology distributed power generation projects.

For customers with limited capital or short-term needs, Capstone offers rental systems; for more information, contact: rentals@capstoneturbine.com. To date, Capstone has shipped nearly 10,000 units to 83 countries and in FY20, saved customers an estimated $219 million in annual energy costs and 368,000 tons of carbon.

For more information about the company, please visit www.capstoneturbine.com. Follow Capstone Turbine on TwitterLinkedInInstagram, Facebook and YouTube.

About Noble Capital Markets
Noble Capital Markets, Inc. was incorporated in 1984 as a full-service SEC / FINRA registered broker-dealer, dedicated exclusively to serving underfollowed small / microcap companies through investment banking, wealth management, trading & execution, and equity research activities. Over the past 36 years, Noble has raised billions of dollars for these companies and published more than 45,000 equity research reports. www.noblecapitalmarkets.com email: contact@noblecapitalmarkets.com

About Channelchek
Channelchek (.com) is a comprehensive investor-centric portal – featuring more than 6,000 emerging growth companies – that provides advanced market data, independent research, balanced news, video webcasts, exclusive c-suite interviews, and access to virtual road shows. The site is available to the public at every level without cost or obligation. Research on Channelchek is provided by Noble Capital Markets, Inc., an SEC / FINRA registered broker-dealer since 1984. channelchek.vercel.app email: contact@channelchek.vercel.app

Cautionary Note Regarding Forward-Looking Statements
This release and the Company’s presentation and responses to questions at the Noble Capital Markets’ Virtual Road Show contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including statements regarding the generation of improvement in gross margin and expense absorption and other statements regarding expectations, beliefs, plans, intentions and strategies of the Company. The Company has tried to identify these forward-looking statements by using words such as “expect,” “anticipate,” “believe,” “could,” “should,” “estimate,” “intend,” “may,” “will,” “plan,” “goal” and similar terms and phrases, but such words, terms and phrases are not the exclusive means of identifying such statements. Actual results, performance and achievements could differ materially from those expressed in, or implied by, these forward-looking statements due to a variety of risks, uncertainties and other factors, including, but not limited to, the following: the ongoing effects of the COVID-19 pandemic; the availability of credit and compliance with the agreements governing the Company’s indebtedness; the Company’s ability to develop new products and enhance existing products; intense competition; financial performance of the oil and natural gas industry and other general business, industry and economic conditions; the Company’s ability to adequately protect its intellectual property rights; and the impact of pending or threatened litigation. For a detailed discussion of factors that could affect the Company’s future operating results, please see the Company’s filings with the Securities and Exchange Commission, including the disclosures under “Risk Factors” in those filings. Except as expressly required by the federal securities laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, changed circumstances or future events, or for any other reason. “Capstone” and “Capstone Microturbine” are registered trademarks of Capstone Turbine Corporation. All other trademarks mentioned are the property of their respective owners.

CONTACT:
Capstone Turbine Corporation
Investor and investment media inquiries:
818-407-3628
ir@capstoneturbine.com

SOURCE: Capstone Turbine Corporation

How Fast are People Cutting the Cable Cord?

 


Cord-Cutters, Advertisers, and Market Disruption

 

Internet television, or streaming TV, reached a tipping point last year. Viewers had more time at home to review the alternatives to cable and perhaps less money to pay for the cable subscription. This is only part of the reason why a full 15 percent of U.S. cable TV consumers cut the cord amid the pandemic-imposed lifestyle in 2020.

The number of subscribers to more traditional TV is fading just as the use of telephone landline customers faded after cell phones were adopted. And the change is happening quickly. The growth of TV viewers connected via streaming services grew to 84 million U.S. households according to eMarketer, while report fewer than 78 million U.S. households maintained a cable subscription by January 2021. This is causing accelerated disruption in spending on advertising. And the trend is unlikely to reverse. According to new research by TradeDesk and YouGov, the number of additional viewers who expect to cut the cord and be cable-free during 2021 is 27% which is an accelerated pace from the large 15% migration in 2020.

Subscriber Cost

Price is one of the factors driving this disruptive shift, but with untethered accessibility, fine-tuned selection, and the inclusion of traditional broadcasters offering online access, consumers can now opt for premium content they can watch where they want and on-demand. There is no longer a distinct prime time for viewing or advertisers, only prime shows.

Marketers acknowledge the rise of CTV and, as important, the move from linear TV. But, there still may be a heavier weighting toward ad spending on traditional TV relative to how the desired audience actually consumes news, sports, and entertainment. According to the TradeDesk report (The CTV Tipping Point), data indicates budgets are not yet fully allocated to where the target audience is most likely to be found. They reported that this is most prevalent for brands trying to reach a young audience. These brands are likely missing opportunities to reach potential customers who are no longer linked via a cable box. Despite the less than nimble shift, TradeDesk reports 89 percent of marketers believe that CTV advertising is just as, or more effective as linear TV. Each Spring a TV ad buying extravaganza named Upfronts is held where TV ad buyers and sellers hammer out billions in marketing agreements. At the most recent Upfronts, a majority (59 percent) of linear TV ad buyers said they’re making fewer upfront commitments in 2021, as the advertising industry is realigning to put their products on the screens of the right people.  One significant finding in the TradeDesk report is marketers’ preference for CTV to build awareness of their brands. Forty-three percent identified CTV as the number one channel for brand storytelling in 2021. The next best for introducing a brand was social media (29 percent), and then linear TV (26 percent).

Sports Impact

Live sports broadcasting is a factor helping to shift traditional activity among both advertisers and consumers. Live sports had been a key selling point keeping consumers attached to linear television. This is important because access to watch live sporting events has often been cited as a primary reason consumers continue to keep their cable subscriptions. However, the pandemic may have altered this as many viewers went without many major sporting events in 2020. Since then, as sports slowly return to traditional channels, audiences haven’t been following suit.

 

 

Advertisements

Many have migrated to new ways of watching live sports, including streaming and social. As a result of these shifts, TV marketers are adjusting their creative approach to take advantage of the benefits of CTV, which differ from the norms of linear TV. This has caused brands to develop new types of creative ads tailored for separate audiences.  According to the TradeDesk report, Ads are getting shorter, given that, the viewing experience on CTV differs from its linear counterpart. Additionally, marketers are also using more animation to prepare in case adjustments need to be made after the initial production.

Take-Away

Almost 50 percent of those who already have or plan to cut the cable cord say their main reason is that cable is too expensive. They just don’t feel they’re getting enough value with the service.  At the same time, more and more people are attracted to streaming services because they prefer the viewing experience and on-demand, where and when they’re ready. At present, about half of TV viewers say they still subscribe to cable TV services. Demographically the transition is being driven by more than the under-35 years-of-age population, 20 percent of cable subscribers 55 and older said they plan to cut the cord too.  

Once the cord is severed, and viewers adapt to the new services, they aren’t likely to return. Almost 79 percent of people who stopped paying for cable or never had it say they are unlikely to retain the service.

For investors, this growing shift to streaming means there could be opportunities in companies that provide streaming and ancillary services. Also, media companies to review to make see if they are changing as the world requires the new technology. Outside of the media industry, brands not reaching their intended audience with advertising may suffer as that could be a big differentiator between one brand and another with a similar product offering.

Suggested Reading:

Seeking Alpha Paywall Causes Frustration

Small Cap Names in a Big Crypto Market



Is it Smart to Avoid Brokers that Sell Order Flow?

Who Benefits from the American Jobs Plan?

 

Sources:

https://pages.thetradedesk.com/rs/527-INM-364/images/TheCTVTippingPoint_WhitePaper_TTD_Jan2021.pdf

https://digiday.com/marketing/upfrontses-wtf-upfronts/

https://www.fastcompany.com/90444295/the-major-battle-of-the-2020-streaming-wars-will-be-over-ads

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Release – Capstone Turbine (CPST) – CEO To Discuss Recent Revenue Growth Trends At The Upcoming Noble Capital Markets Virtual Road Show


Capstone Turbine CEO To Discuss Recent Revenue Growth Trends At The Upcoming Noble Capital Markets’ Virtual Road Show

 

VAN NUYS, CA / ACCESSWIRE / April 1, 2021 / Capstone Turbine Corporation (NASDAQ:CPST), the world’s leading manufacturer of clean energy technology microturbine systems, today announced their participation in Noble Capital Markets’ Virtual Road Show Series, presented by Channelchek, scheduled for Tuesday, April 6, 2021.

The virtual road show will feature a corporate presentation from Capstone Turbine President and Chief Executive Officer Darren Jamison, followed by a question and answer session moderated by Noble Senior Research Analyst Michael Heim, highlighting questions submitted by the audience.

“I look forward to discussing our recent top line revenue growth with potential shareholders as we execute against our strategic Revenue Growth Strategy, which consists of a six-element initiative designed to drive top line annual revenue,” said Darren Jamison, President and Chief Executive Officer of Capstone Turbine.

“I expect that the new Biden administration will create positive momentum for green initiatives and companies like Capstone, as President Biden recently signed an executive order to rejoin the U.S. into the Paris climate accord, his first major action to tackle global warming. In addition, the President’s recently proposed infrastructure plan will most likely have a green building and sustainability element,” added Mr. Jamison.

The live broadcast of the virtual road show is scheduled for Tuesday, April 6, 2021, at 1 PM EDT. Registration is free and open to all investors, at any level. Register Here.

Noble’s research, as well as news and advanced market data on Capstone Turbine is available on Channelchek.

About Capstone Turbine Corporation
Capstone Turbine Corporation (www.capstoneturbine.com) (NASDAQ:CPST) is the world’s leading producer of highly efficient, low-emission, resilient microturbine energy systems. Capstone microturbines serve multiple vertical markets worldwide, including natural resources, energy efficiency, renewable energy, critical power supply, transportation and microgrids. Capstone offers a comprehensive product lineup via our direct sales team, as well as our global distribution network. Capstone provides scalable solutions from 30 kWs to 10 MWs that operate on a variety of fuels and are the ideal solution for today’s multi-technology distributed power generation projects.

For customers with limited capital or short-term needs, Capstone offers rental systems; for more information, contact: rentals@capstoneturbine.com. To date, Capstone has shipped nearly 10,000 units to 83 countries and in FY20, saved customers an estimated $219 million in annual energy costs and 368,000 tons of carbon.

For more information about the company, please visit www.capstoneturbine.com. Follow Capstone Turbine on TwitterLinkedInInstagram, Facebook and YouTube.

About Noble Capital Markets
Noble Capital Markets, Inc. was incorporated in 1984 as a full-service SEC / FINRA registered broker-dealer, dedicated exclusively to serving underfollowed small / microcap companies through investment banking, wealth management, trading & execution, and equity research activities. Over the past 36 years, Noble has raised billions of dollars for these companies and published more than 45,000 equity research reports. www.noblecapitalmarkets.com email: contact@noblecapitalmarkets.com

About Channelchek
Channelchek (.com) is a comprehensive investor-centric portal – featuring more than 6,000 emerging growth companies – that provides advanced market data, independent research, balanced news, video webcasts, exclusive c-suite interviews, and access to virtual road shows. The site is available to the public at every level without cost or obligation. Research on Channelchek is provided by Noble Capital Markets, Inc., an SEC / FINRA registered broker-dealer since 1984. www.channelchek.com email: contact@channelchek.com

Cautionary Note Regarding Forward-Looking Statements
This release and the Company’s presentation and responses to questions at the Noble Capital Markets’ Virtual Road Show contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including statements regarding the generation of improvement in gross margin and expense absorption and other statements regarding expectations, beliefs, plans, intentions and strategies of the Company. The Company has tried to identify these forward-looking statements by using words such as “expect,” “anticipate,” “believe,” “could,” “should,” “estimate,” “intend,” “may,” “will,” “plan,” “goal” and similar terms and phrases, but such words, terms and phrases are not the exclusive means of identifying such statements. Actual results, performance and achievements could differ materially from those expressed in, or implied by, these forward-looking statements due to a variety of risks, uncertainties and other factors, including, but not limited to, the following: the ongoing effects of the COVID-19 pandemic; the availability of credit and compliance with the agreements governing the Company’s indebtedness; the Company’s ability to develop new products and enhance existing products; intense competition; financial performance of the oil and natural gas industry and other general business, industry and economic conditions; the Company’s ability to adequately protect its intellectual property rights; and the impact of pending or threatened litigation. For a detailed discussion of factors that could affect the Company’s future operating results, please see the Company’s filings with the Securities and Exchange Commission, including the disclosures under “Risk Factors” in those filings. Except as expressly required by the federal securities laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, changed circumstances or future events, or for any other reason. “Capstone” and “Capstone Microturbine” are registered trademarks of Capstone Turbine Corporation. All other trademarks mentioned are the property of their respective owners.

CONTACT:
Capstone Turbine Corporation
Investor and investment media inquiries:
818-407-3628
ir@capstoneturbine.com

SOURCE: Capstone Turbine Corporation

Release – Genprex (GNPX) – to Present at the 2021 Virtual Cell and Gene Meeting on the Mediterranean


Genprex to Present at the 2021 Virtual Cell & Gene Meeting on the Mediterranean

AUSTIN, Texas — (April 5, 2021) — Genprex, Inc. (“Genprex” or the “Company”) (NASDAQ: GNPX), a clinical-stage gene therapy company focused on developing life-changing therapies for patients with cancer and diabetes, today announced that its Executive Vice President and Chief Operating Officer, Michael Redman, will present at the annual Cell & Gene Meeting on the Mediterranean, which will take place virtually April 6-9, 2021.

Event: 2021 Virtual Cell & Gene Meeting on the Mediterranean

Date: The conference will take place virtually Tuesday, April 6  – Friday, April 9

Time: Company presentations will be available to view on-demand throughout the entirety of the conference

Organized by the Alliance for Regenerative Medicine, the Cell & Gene Meeting on the Mediterranean is a four-day virtual conference featuring more than 80 dedicated company presentations by leading public and private companies, highlighting technical and clinical achievements over the past 12 months in the areas of cell therapy, gene therapy, gene editing, tissue engineering, and broader regenerative medicine technologies. The meeting also includes more than 50 panelists and featured speakers taking part in 13 in-depth sessions covering all aspects of cell and gene therapy commercialization.

Complimentary attendance at this event is available for credentialed investors and members of the media only. Investors should contact Laura Stringham at lstringham@alliancerm.org and interested media should contact Kaitlyn Dupont at kdupont@alliancerm.org.

About Genprex, Inc.

Genprex, Inc. is a clinical-stage gene therapy company focused on developing life-changing therapies for patients with cancer and diabetes. Genprex’s technologies are designed to administer disease-fighting genes to provide new therapies for large patient populations with cancer and diabetes who currently have limited treatment options. Genprex works with world-class institutions and collaborators to develop drug candidates to further its pipeline of gene therapies in order to provide novel treatment approaches. The Company’s lead product candidate, REQORSA™ (quaratusugene ozeplasmid), is being evaluated as a treatment for non-small cell lung cancer (NSCLC). REQORSA has a multimodal mechanism of action that has been shown to interrupt cell signaling pathways that cause replication and proliferation of cancer cells; re-establish pathways for apoptosis, or programmed cell death, in cancer cells; and modulate the immune response against cancer cells. REQORSA has also been shown to block mechanisms that create drug resistance. In January 2020, the U.S. Food and Drug Administration granted Fast Track Designation for REQORSA for NSCLC in combination therapy with osimertinib (AstraZeneca’s Tagrisso®) for patients with EFGR mutations whose tumors progressed after treatment with osimertinib alone

For more information, please visit the Company’s web site at www.genprex.com or follow Genprex on TwitterFacebook and LinkedIn.

Forward-Looking Statements 

Statements contained in this press release regarding matters that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Such statements include, but are not limited to, statements regarding the effect of Genprex’s product candidates, alone and in combination with other therapies, on cancer and diabetes, regarding potential, current, regarding the Company’s future growth and financial status and regarding our commercial partnerships and intellectual property licenses. Risks that contribute to the uncertain nature of the forward-looking statements include the presence and level of the effect of our product candidates, alone and in combination with other therapies, on cancer; the timing and success of our clinical trials and planned clinical trials of REQORSA™ immunogene therapy drug, alone and in combination with targeted therapies and/or immunotherapies, and whether our other potential product candidates, including GPX-002, our gene therapy in diabetes, advance into clinical trials; the success of our strategic partnerships, including those relating to manufacturing of our product candidates; the timing and success at all of obtaining any FDA approvals of REQORSA and our other potential product candidates including whether we receive necessary approvals to commence clinical trials or benefit from fast track or similar regulatory designations; costs associated with developing our product candidates, whether we identify and succeed in acquiring other technologies and whether patents will ever be issued under patent applications that are the subject of our license agreements or otherwise. These and other risks and uncertainties are described more fully under the caption “Risk Factors” and elsewhere in our filings and reports with the United States Securities and Exchange Commission. All forward-looking statements contained in this press release speak only as of the date on which they were made. We undertake no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.

Genprex, Inc.
(877) 774-GNPX (4679)

Investor Relations
GNPX Investor Relations
(877) 774-GNPX (4679) ext. #2
investors@genprex.com

Media Contact
Genprex Media Relations
(877) 774-GNPX (4679) ext. #3
media@genprex.com

Release – electroCore Inc. (ECOR) – Announces Regulatory Approval in Canada


electroCore, Inc. Announces Regulatory Approval in Canada

 

electroCore, Inc. (Nasdaq: ECOR), a commercial-stage bioelectronic medicine company, announced today that 
Health Canada has granted regulatory approval for the promotion and sale of the gammaCore Sapphire family of products in 
Canada for prevention and therapeutic treatment of migraine and cluster headache, as outlined in the registration application with 
Health Canada.

gammaCore Sapphire will be distributed in 
Canada by 
RSK Medical Inc., pursuant to an exclusive distribution agreement announced on 
January 26, 2021. The initial term of the agreement is three years, and the agreement contains customary terms and conditions, including minimum purchase commitments. “Patients and clinicians in 
Canada have been waiting years for this novel migraine and cluster headache therapy. 
RSK Medical Inc. is delighted to bring another breakthrough medical device technology to the Canadian marketplace. We look forward to working towards provincial healthcare funding for this patient group” said  Scott Kadwell, President of 
RSK Medical Inc.

“Migraine Canada is pleased to learn that a new device to treat migraine and cluster headaches has been approved by 
Health Canada. Timely and equitable access to diverse and affordable treatment options and devices are essential for patients living with these painful and debilitating diseases” said Dr.  Elizabeth Leroux, president of the 
Canadian Headache Society and the founder and chair of Migraine Canada.

“We are pleased to achieve another significant regulatory milestone as we expand our global business,” said Iain Strickland, electroCore’s Vice President of European Operations. “We are looking forward to supporting the growth of our Canadian distribution partner, RSK Medical Inc.”

About electroCore, Inc.

electroCore, Inc. is a commercial-stage bioelectronic medicine company dedicated to improving patient outcomes through its platform non-invasive vagus nerve stimulation therapy initially focused on the treatment of multiple conditions in neurology. The company’s current indications are the preventative treatment of cluster headache and migraine and acute treatment of migraine and episodic cluster headache.

For more information, visit www.electrocore.com.

About RSK Medical, Inc.

Headquartered in 
Ontario
RSK Medical Inc. brings a wealth of experience, knowledge and keen responsiveness as a medical device supplier and is dedicated to providing innovative and disruptive medical device technologies to the Canadian clinical and patient community.

For more information, visit www.rskmedical.com  

About Migraine Canada
Migraine 
Canada is an alliance of patients and health care providers working together to improve the lives of people living with migraine and other headache disorders in 
Canada, through awareness, support, education, advocacy and research

For more information, visit www.migrainecanada.org

About gammaCoreTM

gammaCoreTM (nVNS) is the first non-invasive, hand-held medical therapy applied at the neck as an adjunctive therapy to treat migraine and cluster headache through the utilization of a mild electrical stimulation to the vagus nerve that passes through the skin. Designed as a portable, easy-to-use technology, gammaCore can be self-administered by patients, as needed, without the potential side effects associated with commonly prescribed drugs. When placed on a patient’s neck over the vagus nerve, gammaCore stimulates the nerve’s afferent fibers, which may lead to a reduction of pain in patients. 

gammaCore is FDA cleared in 
the United States for adjunctive use for the preventive treatment of cluster headache in adult patients, the acute treatment of pain associated with episodic cluster headache in adult patients, and the acute and preventive treatment of migraine in adolescent (ages 12 and older) and adult patients. gammaCore is CE-marked in the 
European Union for the acute and/or prophylactic treatment of primary headache (Migraine, Cluster Headache, Trigeminal Autonomic Cephalalgias and Hemicrania Continua) and Medication Overuse Headache in adults.
gammaCore contraindications include but are not limited to:

  • Patients with an active implantable medical device, such as a pacemaker, hearing aid implant, or any implanted electronic device
  • Patients with a metallic device, such as a stent, bone plate or bone screw, implanted at or near the neck
  • Patients who are using another device at the same time (e.g., TENS Unit, muscle stimulator) or any portable electronic device (e.g., mobile phone)

Safety and efficacy of gammaCore have not been evaluated in the following patients:

  • Patients diagnosed with narrowing of the arteries (carotid atherosclerosis)
  • Patients who have had surgery to cut the vagus nerve in the neck (cervical vagotomy)
  • Pediatric patients (less than 12 years of age)
  • Pregnant women
  • Patients with clinically significant hypertension, hypotension, bradycardia, or tachycardia

Please refer to the gammaCore Instructions for Use for all of the important warnings and precautions before using or prescribing this product.

Forward-Looking Statements

This press release and other written and oral statements made by representatives of electroCore may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements about electroCore’s business prospects and clinical and product development plans; its pipeline or potential markets for its technologies; the timing, outcome and impact of regulatory, clinical and commercial developments; the business, operating or financial impact of such studies; the commercial potential of nVNS generally and gammaCore in particular in 
Canada and other statements that are not historical in nature, particularly those that utilize terminology such as “anticipates,” “will,” “expects,” “believes,” “intends,” other words of similar meaning, derivations of such words and the use of future dates. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the ability to raise the additional funding needed to continue to pursue electroCore’s business and product development plans, the inherent uncertainties associated with developing new products or technologies, the ability to commercialize gammaCore™, the potential impact and effects of COVID-19 on the business of electroCore, electroCore’s results of operations and financial performance, and any measures electroCore has and may take in response to COVID-19 and any expectations electroCore may have with respect thereto, competition in the industry in which electroCore operates and overall market conditions. Any forward-looking statements are made as of the date of this press release, and electroCore assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by law. Investors should consult all of the information set forth herein and should also refer to the risk factor disclosure set forth in the reports and other documents electroCore files with the 
SEC available at www.sec.gov.

Investors:
Rich CockrellCG Capital
404-736-3838
ecor@cg.capital

or

Media Contact:
Summer Diaz
electroCore
816-401-6333
summer.diaz@electrocore.com

Release – CanAlaska Uranium (CVVUF)(CVV:CA) – CanAlaska Change to Board


CanAlaska Change to Board
Victor Fern to go to new role with Cameco and Orano
CanAlaska address change

 

Vancouver, Canada, April 5, 2021 – CanAlaska Uranium Ltd.
(TSX-V:
CVV; OTCQB: CVVUF; Frankfurt: DH7N) (“CanAlaska” or the “Company”) reports that Victor Fern has resigned from the CanAlaska Board to pursue a new community role supporting Cameco and Orano’s operations in the Athabasca Basin. CanAlaska’s Management and Board of Directors wish Victor well in this new community role, and wishes to acknowledge the strong supporting role Victor has had with the direction of the Company’s activities since his appointment in 2008.

At the time of his appointment in March 2008 Mr Victor Fern was the immediate past Chief of the Fond du Lac Denesuline First Nation, at Fond du Lac, Saskatchewan. Mr Fern has been a longstanding member of the environmental monitoring committee for the Northern Athabasca area, and is involved with various private business interests in the Fond du Lac-Black Lake area. His extensive experience at uranium mining and milling operations in Northern Saskatchewan, and his 13 year tenure on the CanAlaska board makes him well suited to his new role as an advisor and educator in the community.

CanAlaska President, Peter Dasler, comments, “It has been a pleasure to work with Victor for the past 14 years, and to meet his friends and community. His new Community Liaison responsibilities for Cameco and Orano highlight how well regarded and knowledgeable is Victor. We can all learn a lot from each other, and I look forward to continuing our friendship and interactions in multiple matters into the future. Thank you Victor, best wishes from me and CanAlaska’s Board.”

Other News

 CanAlaska is moving to new offices in our current building. The new office address is Suite 580, 625 Howe Street, Vancouver, BC. V6C 2T6. This address will take effect May 1 2021.

About CanAlaska Uranium

 CanAlaska Uranium Ltd. (TSX-V: CVV; OTCQB: CVVUF; Frankfurt: DH7N) holds interests in approximately 214,000 hectares (530,000 acres) in Canada’s Athabasca Basin – the “Saudi Arabia of Uranium.” CanAlaska’s strategic holdings have attracted major international mining companies. CanAlaska is currently working with Cameco and Denison at two of the Company’s properties in the Eastern Athabasca Basin. CanAlaska is a project generator positioned for discovery success in the world’s richest uranium district. The Company also holds properties prospective for nickel, copper, gold and diamonds. For further information visit www.canalaska.com.

The qualified technical person for this news release is Dr Karl Schimann, P. Geo, CanAlaska director and VP Exploration.

 

On behalf of the Board of Directors

 

“Peter Dasler”

Peter Dasler, M.Sc., P.Geo.

President & CEO

CanAlaska Uranium Ltd.

 

Contacts:

 

Peter Dasler, President

Tel: +1.604.688.3211 x 138

Email: info@canalaska.com

 

Cory Belyk, COO

Tel: +1.604.688.3211 x 138

Email: cbelyk@canalaska.com

 

Neither 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 release.  

 Forward-looking information

 All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will prove inaccurate, certain of which are beyond the Company’s control. Readers should not place undue reliance on forward-looking statements. Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date hereof or revise them to reflect the occurrence of future unanticipated events.

Source: CanAlaska Uranium Ltd.

Release – Kratos Defense and Security Solutions (KTOS) – Wins $86 Million U.S. Army Contract


Kratos Wins $86 Million, Assuming All Options Exercised, Single Award U.S. Army Contract for Drone Command and Control Systems

 

SAN DIEGO, April 05, 2021 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a leading National Security Solutions provider and industry-leading provider of high-performance unmanned systems, today announced that Micro Systems, Inc., a wholly owned subsidiary of Kratos Defense & Security Solutions, Inc. and part of the Kratos Unmanned Systems Division, has received an $85,949,472 contract award, with a $60.7M base and two options totaling approximately $25.3M, from the U.S. Army to support the Army Ground Aerial Target Control System, including software updating, cyber security inspections and installation of replacement parts.

Steve Fendley, President of Kratos Unmanned Systems Division, said, “We are incredibly excited about this substantial win for the Unmanned Systems Division and for Kratos overall. This enables us to evolve, develop, and apply new technologies to the UAS / UGV command and control systems for the Army, which support development, testing, and training associated with our country’s defensive systems and military personnel. Our ground-based infrastructure capability, the foundation for this contract, is key to our overall unmanned vehicle strategy to design, develop, and produce the entire system. Kratos is fully committed to developing affordable technologies and proud that these systems are employed to enable our troops and defensive systems to remain at the highest level of capability and readiness.”

Micro Systems, Inc. has been the primary designer, manufacturer, and supplier of high-performance unmanned aerial and ground target command and control systems to the U.S. Department of Defense since 1985. These hardware and software systems have provided reliable and robust capability successfully supporting over 3,000 operational weapon system test, training, and evaluation missions worldwide. Advanced features enabling multi-domain multi-vehicle mission profiles, remote and autonomous control modes, high-speed high bandwidth datalink communications, and ensured integrity with rigorous cybersecurity and Information Assurance (IA) implementations have made Micro Systems, Inc. the premier target control system provider for aerial (subscale, full scale, and rotary wing), ground, seaborne, and small unmanned aerial system (sUAS) platforms.

Kratos Unmanned Systems Division is a leading provider of high performance unmanned aerial drone and target systems for threat representative target missions to exercise weapon, radar, and other systems; and tactical aerial drone systems for strike/ISR and force multiplication missions.

About Kratos Defense & Security Solutions

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) develops and fields transformative, affordable technology, platforms and systems for United States National Security related customers, allies and commercial enterprises. Kratos is changing the way breakthrough technology for these industries are rapidly brought to market through proven commercial and venture capital backed approaches, including proactive research and streamlined development processes. At Kratos, affordability is a technology, and we specialize in unmanned systems, satellite communications, cyber security/warfare, microwave electronics, missile defense, hypersonic systems, training, combat systems and next generation turbo jet and turbo fan engine development. For more information, please visit www.KratosDefense.com.

Notice Regarding Forward-Looking Statements

Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Kratos and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Kratos undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Kratos believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Kratos in general, see the risk disclosures in the Annual Report on Form 10-K of Kratos for the year ended December 27, 2020, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos.

Press Contact:
Yolanda White
858-812-7302 Direct

Investor Information:
877-934-4687

investor@kratosdefense.com

Source: Kratos Defense & Security Solutions, Inc.