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QuickChek – April 27, 2021

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How Mining Has Impacted Lives – 7 Fascinating Facts

The power of the elements, minerals, and even organic matter that lie within the earth



Energy Fuels Engages Leading Consultant to Support Development of Rare Earth Separation at White Mesa Mill in Utah

Energy Fuels announced that it has engaged Carester SAS to prepare a scoping study for the development of a solvent extraction rare earth element separation circuit at the Company’s White Mesa Mill in Utah

Research, News & Market Data on Energy Fuels

Watch recent presentation from NobleCon17



Bunker Hill Mining Engages Cutfield Freeman &; Co. As Re-Start Financing Advisor

Bunker Hill Mining announced that it has engaged Cutfield Freeman & Co. to provide independent advice on all aspects of restart mining finance related to the Bunker Hill Mine in Idaho

News & Market Data on Bunker Hill Mining



Aurania Provides Quarterly Update And Hosts Conference Call

Aurania Resources will host a Conference Call & Webcast today at 12:30pm EDT, providing highlights from the Financial Statements and Management’s Discussion and Analysis for the year ended December 31, 2020

Research, News & Market Data on Aurania Resources

Watch recent presentation from NobleCon17

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Energy Fuels (UUUU)(EFR:CA) – Engages Leading Consultant to Support Development of Rare Earth Separation at White Mesa Mill in Utah

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Energy Fuels Engages Leading Consultant to Support Development of Rare Earth Separation at White Mesa Mill in Utah

 

  • Carester SAS is recognized as one of the leading global experts on rare earth separation
  • Significant experience in processing natural monazite feeds into value-added rare earth products
  • Potential to restore a fully-integrated commercial U.S. rare earth supply chain within the next two to three years

LAKEWOOD, Colo., April 27, 2021 /CNW/ – Energy Fuels Inc. (NYSE: UUUU) (TSX: EFR) (“Energy Fuels” or the “Company”) is pleased to announce that it has engaged Carester SAS (“Carester“) to prepare a scoping study for the development of a solvent extraction (“SX“) rare earth element (“REE“) separation circuit at the Company’s White Mesa Mill in Utah. Based in Lyon, France, Carester is one of the world’s leading global consultants on rare earth supply chains, with expertise in designing, constructing, operating and optimizing REE production facilities globally.

Carester has been engaged to support Energy Fuels’ planned development of REE separation capabilities at the White Mesa Mill, utilizing the Mill’s existing equipment and infrastructure to the extent applicable, to create a continuous, integrated and optimized rare earth production sequence. Carester’s scoping work will include an evaluation of the Mill’s current monazite leaching process, preparation of an REE separation flow sheet, capital and operating expense estimates, incorporation of new technologies where applicable, and recommendations on equipment vendors.

On March 1, 2021, Energy Fuels and Neo Performance Materials (“Neo“) announced the joint launch of a U.S.-Europe rare earth supply chain. With today’s announcement, the Company is now taking another important step toward launching a fully integrated “mine to market” U.S. rare earth supply chain in the coming years.

The Company is currently purchasing a minimum of 2,500 tons per year of natural monazite sands (“Monazite“) from Chemours’ Georgia (USA) heavy mineral sand operations. The Company is also in the process of securing additional supplies of Monazite from the U.S. and internationally, with an initial goal of processing approximately 15,000 tons of Monazite per annum for the recovery of REEs and uranium. Beginning in late-March, Energy Fuels began ramping up processing of Monazite at the White Mesa Mill, to produce a clean, mixed REE carbonate (“Carbonate“), an intermediate REE product ready for separation, the next step in a fully integrated REE supply chain. Energy Fuels intends to sell this intermediate product to an REE separation facility in Europe owned by Neo.

As previously announced, Energy Fuels is evaluating the potential to produce separated REE oxides, REE metals, REE alloys, and other value-added REE products at the White Mesa Mill (or nearby), with the intent of creating a fully integrated U.S. REE supply chain in the coming years. Engaging Carester to prepare a scoping study represents the next step in Energy Fuels’ development of these capabilities.

Carester’s REE separation and purification techniques utilize proven liquid-to-liquid SX extraction processes that have been successfully deployed around the world to produce REE products from feeds including Monazite. Carester’s team includes several individuals with significant experience processing Monazite for the recovery of REEs in France, China and elsewhere. The White Mesa Mill has utilized SX technology to produce uranium and vanadium products since the facility was commissioned in 1980. Therefore, the Company believes that Carester’s REE extraction processes can be incorporated into the Mill’s existing infrastructure in an efficient and cost-effective manner.

“Energy Fuels is absolutely focused on building fully integrated rare earth supply capabilities at our White Mesa Mill in the coming years, and we are pleased to have Carester on the team to support our efforts,” stated Mark S. Chalmers, President and CEO of Energy Fuels. “Since we began evaluating the potential to produce rare earth products in late-2019, Energy Fuels has partnered with only the best global experts at every opportunity, and the agreement with Carester is just another example of how our Company is advancing our strategy on the complete REE production sequence. The Carester team is widely recognized as one of the world’s foremost authorities in producing separated rare earth oxides and other value added rare earth products. Rare earth extraction, separation and purification can be complex. We believe that our extensive in-house processing experience, combined with Carester’s expertise, places the Company in an excellent position to successfully and cost-effectively help to restore critical domestic rare earth capabilities in the USA at the White Mesa Mill.

“As more clean energy and advanced technologies are deployed, more rare earth products will be required. However, technologies are only clean if every step in the supply chain from the mine to the final consumer product is clean. An electric vehicle is not ‘green’ if the raw materials that go into the vehicle are not responsibly produced. The U.S. has the highest standards for safety, efficiency, and environmental responsibility in the world when it comes to mining, processing, refining and manufacturing. Energy Fuels is working towards establishing a ‘clean’ and ‘green’ U.S. option for manufacturers who demand the highest standards in their rare earth raw materials.”

About Energy Fuels: Energy Fuels is a leading U.S.-based uranium mining company, supplying U3O8 to major nuclear utilities. The Company also produces vanadium from certain of its projects, as market conditions warrant, and is in the process of ramping-up to commercial production of REE carbonate in 2021. Its corporate offices are in Lakewood, Colorado near Denver, and all of its assets and employees are in the United States. Energy Fuels holds three of America’s key uranium production centers: the White Mesa Mill in Utah, the Nichols Ranch in-situ recovery (“ISR“) Project in Wyoming, and the Alta Mesa ISR Project in Texas. The White Mesa Mill is the only conventional uranium mill operating in the U.S. today, has a licensed capacity of over 8 million pounds of U3O8 per year, and has the ability to produce vanadium when market conditions warrant, as well as REE Carbonate from various uranium-bearing ores. The Nichols Ranch ISR Project is currently on standby and has a licensed capacity of 2 million pounds of U3O8 per year. The Alta Mesa ISR Project is also currently on standby. In addition to the above production facilities, Energy Fuels also has one of the largest NI 43-101 compliant uranium resource portfolios in the U.S. and several uranium and uranium/vanadium mining projects on standby and in various stages of permitting and development. The primary trading market for Energy Fuels’ common shares is the NYSE American under the trading symbol “UUUU,” and the Company’s common shares are also listed on the Toronto Stock Exchange under the trading symbol “EFR.” Energy Fuels’ website is www.energyfuels.com. 

Cautionary Note Regarding Forward-Looking Statements: This news release contains “forward-looking information” within the meaning of applicable securities laws in the United States and Canada. Forward-looking information may relate to future events or future performance of Energy Fuels. All statements in this release, other than statements of historical facts, with respect to Energy Fuels’ objectives and goals, as well as statements with respect to its beliefs, plans, objectives, expectations, anticipations, estimates, and intentions, are forward-looking information. Specific forward-looking statements in this discussion include, but are not limited to, the following: any expectation as to the outcome of Carester’s Scoping Study; any expectation that the White Mesa Mill will be successful in producing REE Carbonate on a commercial basis; any expectation that Energy Fuels will be successful in developing U.S. separation, metals or metal/alloy capabilities at the White Mesa Mill or nearby, or otherwise fully integrating a low cost U.S REE supply chain in the future; any expectation with regard to the cost of producing and separating REE Carbonate at the White Mesa Mill;. any expectation that Caresters’ REE extraction processes can be incorporated into the Mill’s existing infrastructure in an efficient and cost-effective manner; and any expectation that Energy Fuels is establishing a ‘clean’ and ‘green’ U.S. option for manufacturers who demand the highest standards in their rare earth raw materials.  Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “continues”, “forecasts”, “projects”, “predicts”, “intends”, “anticipates” or “believes”, or variations of, or the negatives of, such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “should”, “might” or “will” be taken, occur or be achieved. This information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. Factors that could cause actual results to differ materially from those anticipated in these forward-looking statements include risks associated with: technical difficulties; processing difficulties and upsets; commodity price levels and fluctuations; competition from other facilities domestically and internationally; available supplies of Monazite that meet commercial specifications; the availability of long-term purchase and supply agreements; capital requirements; the ability of the White Mesa Mill to produce REE Carbonate or separated REE products that meet commercial specifications on a commercial scale at acceptable costs; market factors, including future demand for REEs; permitting and licensing matters; and legal and regulatory challenges. Forward-looking statements contained herein are made as of the date of this news release, and Energy Fuels disclaims, other than as required by law, any obligation to update any forward-looking statements whether as a result of new information, results, future events, circumstances, or if management’s estimates or opinions should change, or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements. Energy Fuels assumes no obligation to update the information in this communication, except as otherwise required by law.

SOURCE Energy Fuels Inc.

For further information: Investor Inquiries: Energy Fuels Inc., Curtis Moore, VP – Marketing and Corporate Development, (303) 974-2140 or Toll free: (888) 864-2125, [email protected], www.energyfuels.com

Bunker Hill Mining (BHLL)(BNKR:CA) – Engages Cutfield Freeman & Co. As Re-Start Financing Advisor

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Bunker Hill Mining Engages Cutfield Freeman & Co. As Re-Start Financing Advisor

 

TORONTO, April 27, 2021 (GLOBE NEWSWIRE) — Bunker Hill Mining Corp. (the “Company”) (CSE: BNKR) is pleased to announce that it has engaged Cutfield Freeman & Co. (“CF&Co.”) to provide independent advice on all aspects of restart mining finance related to the Bunker Hill Mine in Idaho, USA.

Sam Ash CEO stated, “As a logical next step on the back of our robust restart PEA that envisages $42 million of initial capital expenditures over a 15 month period, we are excited to be partnering with CF&Co., the pre-eminent global mining finance advisory firm, to assist us in evaluating project finance alternatives. We look forward to continuing discussions, and initiating new ones, with interested parties over the coming months concurrent with the completion of ongoing technical studies.”

About Bunker Hill Mining Corp.

Under new Idaho-based leadership, Bunker Hill Mining Corp intends to sustainably restart and develop the Bunker Hill Mine as the first step in consolidating a portfolio of North American precious-metal assets with a focus on silver. Information about the Company is available on its website, www.bunkerhillmining.com, or under its profile on SEDAR and EDGAR.

For additional information contact: [email protected]

Cautionary Statements

Certain statements in this news release are forward-looking and involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, as well as within the meaning of the phrase ‘forward-looking information’ in the Canadian Securities Administrators’ National Instrument 51-102 – Continuous Disclosure Obligations. Forward-looking statements are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to: the results of the Company’s Preliminary Economic Assessment (“PEA”); the potential of the Bunker Hill Mine to be re-started rapidly based on the results of the PEA; the PEA representing robust financial returns; estimated capital expenditures and restart timeline; the timing for discussions with interested parties regarding restart financing and the completion of ongoing technical studies; and the Company’s intentions regarding its objectives, goals or future plans and statements. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to those risks set out in the Company’s public documents filed on SEDAR and EDGAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Fascinating Facts How Mining Has Impacted Lives

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Fascinating Facts How Mining Has Impacted Lives

 

Countries at all levels of development dig to unearth the resources needed to build wealth. Some regions are wealthy just by the benefit of location and the wealth they are literally sitting on. Other countries have endured centuries of constant security concern as their natural resources make them a target of a “hostile takeover.” The power of the elements, minerals, and even organic matter that lie within the earth continues to help usher in grand new eras; this is as true today as ever.

We’ve dug up seven interesting facts about precious materials. You can use this information to develop your next investment idea or share it with guests as you begin to entertain more this Spring and Summer.

 

Pre-Historic Miners

The first unearthed metals were gold and copper. Scientists have located copper pipes that are more than 5000 years old. Copper mining, at some level, dates back to at least 8700 BC.

 Your Consumption

The average American consumes 40,000 pounds of minerals each year.  This includes salt, the zinc used to prevent severe viral infections, and electrolytes such as those found in sports drinks like Gatorade.

 Petroleum Beyond Motor Fuel

We know that petroleum is used to make gasoline, but as gasoline demand becomes less, will this lower the price of production of other products made from oil? Only 45% of U.S. petroleum consumption in 2019 was in the form of gasoline. The rest was finished into wax, Vaseline, lipstick, crayons, asphalt, golf balls, fiberglass boats, chewing gum, car interiors, shopping bags, and so much more. Look around; our lives surround us with products resulting from drilling for oil.

 The ‘Luck of the Irish’

The gold and silver mining frenzy in the old West made folk heroes out of some miners. Many of the most famous and successful miners were of Irish descent. This gave rise to the phrase “The Luck of the Irish.”

Electronics

The average modern electronic device has more than 35 minerals in it. From your cell phone to the microwave you use to heat your lunch, modern electronics use gold, copper, lithium, zinc, and many other minerals to function.

Pyrite

Pyrite is one of the most widely used and distributed sulfide minerals. The name comes from the Greek word pyr meaning fire because pyrite emits sparks when struck by iron. In fact, it has been used to start fires since prehistoric times.

Gold is Elusive

It’s believed that upwards of 80% of the world’s gold is still eluding us below the earth’s surface. Pure gold is so soft that it can be molded with nothing more than a simple rigid hand tool.

 Resources and Mining

The world of mining has been beneficial to mankind for thousands of years before any written history—the natural resources that continue to be unearthed and those that are recaptured in recycling programs continue to improve our lives.

 

Sources: https://www.jewelsforme.com/gem_and_jewelry_library/pyrite#:~:text=Pyrite%20is%20one%20of%20the,start%20fires%20since%20prehistoric%20times

https://oilprice.com/Energy/Energy-General/10-Unexpected-Uses-of-Oil.html 

https://www.eia.gov/tools/faqs/faq.php?id=41&t=6#:~:text=What%20are%20petroleum%20products%2C%20and,in%20nearly%20everything%20we%20use

 

Release – Bunker Hill Mining (BHLL)(BNKR:CA) – Engages Cutfield Freeman & Co. As Re-Start Financing Advisor

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Bunker Hill Mining Engages Cutfield Freeman & Co. As Re-Start Financing Advisor

 

TORONTO, April 27, 2021 (GLOBE NEWSWIRE) — Bunker Hill Mining Corp. (the “Company”) (CSE: BNKR) is pleased to announce that it has engaged Cutfield Freeman & Co. (“CF&Co.”) to provide independent advice on all aspects of restart mining finance related to the Bunker Hill Mine in Idaho, USA.

Sam Ash CEO stated, “As a logical next step on the back of our robust restart PEA that envisages $42 million of initial capital expenditures over a 15 month period, we are excited to be partnering with CF&Co., the pre-eminent global mining finance advisory firm, to assist us in evaluating project finance alternatives. We look forward to continuing discussions, and initiating new ones, with interested parties over the coming months concurrent with the completion of ongoing technical studies.”

About Bunker Hill Mining Corp.

Under new Idaho-based leadership, Bunker Hill Mining Corp intends to sustainably restart and develop the Bunker Hill Mine as the first step in consolidating a portfolio of North American precious-metal assets with a focus on silver. Information about the Company is available on its website, www.bunkerhillmining.com, or under its profile on SEDAR and EDGAR.

For additional information contact: [email protected]

Cautionary Statements

Certain statements in this news release are forward-looking and involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, as well as within the meaning of the phrase ‘forward-looking information’ in the Canadian Securities Administrators’ National Instrument 51-102 – Continuous Disclosure Obligations. Forward-looking statements are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to: the results of the Company’s Preliminary Economic Assessment (“PEA”); the potential of the Bunker Hill Mine to be re-started rapidly based on the results of the PEA; the PEA representing robust financial returns; estimated capital expenditures and restart timeline; the timing for discussions with interested parties regarding restart financing and the completion of ongoing technical studies; and the Company’s intentions regarding its objectives, goals or future plans and statements. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to those risks set out in the Company’s public documents filed on SEDAR and EDGAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Release – Energy Fuels (UUUU)(EFR:CA) – Engages Leading Consultant to Support Development of Rare Earth Separation at White Mesa Mill in Utah

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Energy Fuels Engages Leading Consultant to Support Development of Rare Earth Separation at White Mesa Mill in Utah

 

  • Carester SAS is recognized as one of the leading global experts on rare earth separation
  • Significant experience in processing natural monazite feeds into value-added rare earth products
  • Potential to restore a fully-integrated commercial U.S. rare earth supply chain within the next two to three years

LAKEWOOD, Colo., April 27, 2021 /CNW/ – Energy Fuels Inc. (NYSE: UUUU) (TSX: EFR) (“Energy Fuels” or the “Company”) is pleased to announce that it has engaged Carester SAS (“Carester“) to prepare a scoping study for the development of a solvent extraction (“SX“) rare earth element (“REE“) separation circuit at the Company’s White Mesa Mill in Utah. Based in Lyon, France, Carester is one of the world’s leading global consultants on rare earth supply chains, with expertise in designing, constructing, operating and optimizing REE production facilities globally.

Carester has been engaged to support Energy Fuels’ planned development of REE separation capabilities at the White Mesa Mill, utilizing the Mill’s existing equipment and infrastructure to the extent applicable, to create a continuous, integrated and optimized rare earth production sequence. Carester’s scoping work will include an evaluation of the Mill’s current monazite leaching process, preparation of an REE separation flow sheet, capital and operating expense estimates, incorporation of new technologies where applicable, and recommendations on equipment vendors.

On March 1, 2021, Energy Fuels and Neo Performance Materials (“Neo“) announced the joint launch of a U.S.-Europe rare earth supply chain. With today’s announcement, the Company is now taking another important step toward launching a fully integrated “mine to market” U.S. rare earth supply chain in the coming years.

The Company is currently purchasing a minimum of 2,500 tons per year of natural monazite sands (“Monazite“) from Chemours’ Georgia (USA) heavy mineral sand operations. The Company is also in the process of securing additional supplies of Monazite from the U.S. and internationally, with an initial goal of processing approximately 15,000 tons of Monazite per annum for the recovery of REEs and uranium. Beginning in late-March, Energy Fuels began ramping up processing of Monazite at the White Mesa Mill, to produce a clean, mixed REE carbonate (“Carbonate“), an intermediate REE product ready for separation, the next step in a fully integrated REE supply chain. Energy Fuels intends to sell this intermediate product to an REE separation facility in Europe owned by Neo.

As previously announced, Energy Fuels is evaluating the potential to produce separated REE oxides, REE metals, REE alloys, and other value-added REE products at the White Mesa Mill (or nearby), with the intent of creating a fully integrated U.S. REE supply chain in the coming years. Engaging Carester to prepare a scoping study represents the next step in Energy Fuels’ development of these capabilities.

Carester’s REE separation and purification techniques utilize proven liquid-to-liquid SX extraction processes that have been successfully deployed around the world to produce REE products from feeds including Monazite. Carester’s team includes several individuals with significant experience processing Monazite for the recovery of REEs in France, China and elsewhere. The White Mesa Mill has utilized SX technology to produce uranium and vanadium products since the facility was commissioned in 1980. Therefore, the Company believes that Carester’s REE extraction processes can be incorporated into the Mill’s existing infrastructure in an efficient and cost-effective manner.

“Energy Fuels is absolutely focused on building fully integrated rare earth supply capabilities at our White Mesa Mill in the coming years, and we are pleased to have Carester on the team to support our efforts,” stated Mark S. Chalmers, President and CEO of Energy Fuels. “Since we began evaluating the potential to produce rare earth products in late-2019, Energy Fuels has partnered with only the best global experts at every opportunity, and the agreement with Carester is just another example of how our Company is advancing our strategy on the complete REE production sequence. The Carester team is widely recognized as one of the world’s foremost authorities in producing separated rare earth oxides and other value added rare earth products. Rare earth extraction, separation and purification can be complex. We believe that our extensive in-house processing experience, combined with Carester’s expertise, places the Company in an excellent position to successfully and cost-effectively help to restore critical domestic rare earth capabilities in the USA at the White Mesa Mill.

“As more clean energy and advanced technologies are deployed, more rare earth products will be required. However, technologies are only clean if every step in the supply chain from the mine to the final consumer product is clean. An electric vehicle is not ‘green’ if the raw materials that go into the vehicle are not responsibly produced. The U.S. has the highest standards for safety, efficiency, and environmental responsibility in the world when it comes to mining, processing, refining and manufacturing. Energy Fuels is working towards establishing a ‘clean’ and ‘green’ U.S. option for manufacturers who demand the highest standards in their rare earth raw materials.”

About Energy Fuels: Energy Fuels is a leading U.S.-based uranium mining company, supplying U3O8 to major nuclear utilities. The Company also produces vanadium from certain of its projects, as market conditions warrant, and is in the process of ramping-up to commercial production of REE carbonate in 2021. Its corporate offices are in Lakewood, Colorado near Denver, and all of its assets and employees are in the United States. Energy Fuels holds three of America’s key uranium production centers: the White Mesa Mill in Utah, the Nichols Ranch in-situ recovery (“ISR“) Project in Wyoming, and the Alta Mesa ISR Project in Texas. The White Mesa Mill is the only conventional uranium mill operating in the U.S. today, has a licensed capacity of over 8 million pounds of U3O8 per year, and has the ability to produce vanadium when market conditions warrant, as well as REE Carbonate from various uranium-bearing ores. The Nichols Ranch ISR Project is currently on standby and has a licensed capacity of 2 million pounds of U3O8 per year. The Alta Mesa ISR Project is also currently on standby. In addition to the above production facilities, Energy Fuels also has one of the largest NI 43-101 compliant uranium resource portfolios in the U.S. and several uranium and uranium/vanadium mining projects on standby and in various stages of permitting and development. The primary trading market for Energy Fuels’ common shares is the NYSE American under the trading symbol “UUUU,” and the Company’s common shares are also listed on the Toronto Stock Exchange under the trading symbol “EFR.” Energy Fuels’ website is www.energyfuels.com. 

Cautionary Note Regarding Forward-Looking Statements: This news release contains “forward-looking information” within the meaning of applicable securities laws in the United States and Canada. Forward-looking information may relate to future events or future performance of Energy Fuels. All statements in this release, other than statements of historical facts, with respect to Energy Fuels’ objectives and goals, as well as statements with respect to its beliefs, plans, objectives, expectations, anticipations, estimates, and intentions, are forward-looking information. Specific forward-looking statements in this discussion include, but are not limited to, the following: any expectation as to the outcome of Carester’s Scoping Study; any expectation that the White Mesa Mill will be successful in producing REE Carbonate on a commercial basis; any expectation that Energy Fuels will be successful in developing U.S. separation, metals or metal/alloy capabilities at the White Mesa Mill or nearby, or otherwise fully integrating a low cost U.S REE supply chain in the future; any expectation with regard to the cost of producing and separating REE Carbonate at the White Mesa Mill;. any expectation that Caresters’ REE extraction processes can be incorporated into the Mill’s existing infrastructure in an efficient and cost-effective manner; and any expectation that Energy Fuels is establishing a ‘clean’ and ‘green’ U.S. option for manufacturers who demand the highest standards in their rare earth raw materials.  Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “continues”, “forecasts”, “projects”, “predicts”, “intends”, “anticipates” or “believes”, or variations of, or the negatives of, such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “should”, “might” or “will” be taken, occur or be achieved. This information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. Factors that could cause actual results to differ materially from those anticipated in these forward-looking statements include risks associated with: technical difficulties; processing difficulties and upsets; commodity price levels and fluctuations; competition from other facilities domestically and internationally; available supplies of Monazite that meet commercial specifications; the availability of long-term purchase and supply agreements; capital requirements; the ability of the White Mesa Mill to produce REE Carbonate or separated REE products that meet commercial specifications on a commercial scale at acceptable costs; market factors, including future demand for REEs; permitting and licensing matters; and legal and regulatory challenges. Forward-looking statements contained herein are made as of the date of this news release, and Energy Fuels disclaims, other than as required by law, any obligation to update any forward-looking statements whether as a result of new information, results, future events, circumstances, or if management’s estimates or opinions should change, or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements. Energy Fuels assumes no obligation to update the information in this communication, except as otherwise required by law.

SOURCE Energy Fuels Inc.

For further information: Investor Inquiries: Energy Fuels Inc., Curtis Moore, VP – Marketing and Corporate Development, (303) 974-2140 or Toll free: (888) 864-2125, [email protected], www.energyfuels.com

Release – Aurania Resources Ltd. (AUIAF)(ARU:CA) – Provides Quarterly Update And Hosts Conference Call

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Aurania Provides Quarterly Update And Hosts Conference Call

 

Toronto, Ontario, April 27, 2021 – Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (Frankfurt: 20Q) (“Aurania” or the “Company”) is pleased to provide an update of activities, many of which are highlights from the Financial Statements and Management’s Discussion and Analysis for the year ended December 31, 2020.  These reports are available under Aurania’s public filings on SEDAR at www.sedar.com and on the Company’s website.   Aurania’s Chairman and CEO, Dr. Keith Barron and President, Dr. Richard Spencer will be hosting a webcasted quarterly update conference call today to discuss recent developments.  The webcast link and dial-in details for the conference call are listed below.

Conference Call & Webcast Details

April 27th, 2021 at 12:30pm EDT.

Webcast URL:  Click here to join the webcast.

When prompted, webcast participants enter: First Name, Last Name, Company, Email Address.

Participant Telephone Numbers*

Canada/USA Toll Free: 1-800-319-4610

Toronto Toll: +1-416-915-3239

UK & Europe Toll Free: 0808-101-2791

*Callers should dial in 5 – 10 min prior to the scheduled start time and simply ask to join Aurania’s call.

Scout Drilling:

The Company has two drills operating: one at Kuri-Yawi and the lighter-weight rig at Tsenken N1.

  • Tsenken N1 (Sedimentary-hosted copper-silver target): The Company reported in its press release dated April 23, 2021, that native copper had been intersected immediately beneath a lava seal in the sedimentary basin that is being targeted for sediment-hosted copper.  The first drill hole, TSN1-001 was drilled to a depth of 722 metres (“m”).  Results form the first hole have been used to site a second hole that aims to intersect an area in which copper in the metal-bearing fluids circulating in the sedimentary basin are likely to have interacted with sulphur-bearing fluids, resulting in the development of copper sulphide mineralization.  The second drill hole, TSN1-002 is currently at a depth of 200m and is planned to reach a depth of 400m-450m.
  • Kuri-Yawi (Epithermal gold-silver and porphyry target): The objective of hole YW-008 at Kuri-Yawi (renamed from “Yawi”), is to explore a MobileMT target that includes a conductive column within a resistive zone – which is what an epithermal gold-silver system may look like, above a conductive cylinder that has the characteristics of a porphyry (a copper target).  The Company has reported on pyrobitumen occurring with pyrite (iron sulphide) and sphalerite (zinc sulphide) in banded carbonate and chalcedony veinlets that have epithermal characteristics.  The current hole is the 8th, following the 7 scout drilling holes completed in 2020 in the Kuri-Yawi target.  The hole is currently at approximately 950m depth and is planned to 1,200m.

Exploration Highlights

Tiria-Shimpia (Silver-zinc target): More detailed channel sampling and geological mapping has started on the 15 kilometre (“km”) long silver-zinc target, with initial results of the channel-chip sampling having been reported in the press release dated April 12, 2021.  Mineralization has been found where limestone and dolomite are interlayered with sandstone.  To date, seven mineralized layers have been traced along trend for between 500m and 1.1km.

Regional Exploration: Stream sediment sampling and regional exploration has identified new target areas that will be reported on shortly when results are back from the lab.  A new epithermal gold-silver target, called Kuripan, has been identified and a new area of silver-zinc, called Shimpia North, has been discovered.

MobileMT Geophysical Survey

The final report on the heliborne, mobile magnetotelluric (“MobileMT”) geophysical survey has been received from Expert Geophysics Limited with MPX Geophysics as operator.  Five blocks were covered in the MobileMT survey and the Company’s intention is to fly another three blocks later in the year (likely early Q3) when the weather should be clearer, which should improve the efficiency of the data collection.  The MobileMT data are being integrated with other exploration data to refine targets for scout drilling.

Lost Cities

Field teams have discovered a collapsed cavity across one of the silver-zinc veins at Tiria-Shimpia close to the roads that were identified in LiDAR images reported in the press release dated December 15, 2020.  The cavity is suspected to be an old working from Colonial Spanish times.  Due to unstable rock formations, our exploration teams will not try to access the cavity, but they are looking for more of these possible old mine workings.

NI 43-101 Report on Peru Properties

The NI43-101 technical report on the Company’s mineral properties in Peru is nearing completion.  Another five mineral concessions have been granted, bringing the total granted to eleven.

COVID-19 Situation

In 2020, fifteen members of the Company’s complement of forty-four staff (34%) tested positive for COVID-19.  On testing positive, these employees were lodged in an isolated facility for 14 days or for longer, until they tested negative for COVID-19.  A similar conservative quarantine approach was taken with staff who had been exposed to people who later tested positive. This aggressive protocol resulted in 378 lost workdays by staff.  An advantage of this protocol was that, to the Company’s knowledge, it has not transmitted the virus that causes COVID-19 to the local communities in which it operates, or with which is in contact.

In Q1, 2021, the infection rate of staff and contractors fell to zero.  However, since April 1, 2021, four cases have been identified and these staff members have been isolated, resulting in 56 lost workdays.  The first two staff members infected in early-April have recovered and are back at work, while the other two have mild symptoms and are recovering well.  The Company’s strict protocols are being maintained in an attempt to avoid the introduction of new variants of the virus into the workplace and the communities in which the Company operates or is in contact with.

The Toronto office remains closed after all personnel started working remotely as a precaution to mitigate the spread of the COVID-19 virus in mid-March 2020.

Financial, Corporate and Regulatory

During the year-ended December 31, 2020, the Company raised $17.6M net, principally through a non-brokered private placement of units in March, the completion of an overnight marketed public offering in October, as well as through the exercise of warrants and stock options, resulting in the issuance of 5,617,833 shares. The Company also amended the Promissory Note 2017 and Promissory Note 2019 such that the notes become repayable on the day following the one-year anniversary of the lender requesting repayment.

Subsequent to year-end, in April 2021, the Company raised approximately $9M through an overnight marketed public offering and concurrent private placement.

Qualified Person

The technical information contained in this news release has been verified and approved by Jean-Paul Pallier, MSc.  Mr. Pallier is a designated EurGeol by the European Federation of Geologists and is a Qualified Person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators.

About Aurania

Aurania is a mineral exploration company engaged in the identification, evaluation, acquisition and exploration of mineral property interests, with a focus on precious metals and copper in South America.  Its flagship asset, The Lost Cities – Cutucu Project, is located in the Jurassic Metallogenic Belt in the eastern foothills of the Andes mountain range of southeastern Ecuador.

Information on Aurania and technical reports are available at www.aurania.com and www.sedar.com, as well as on Facebook at https://www.facebook.com/auranialtd/, Twitter at  https://twitter.com/auranialtd, and LinkedIn at https://www.linkedin.com/company/aurania-resources-ltd-.

For further information, please contact:

Carolyn Muir

VP Investor Relations

Aurania Resources Ltd.

(416) 367-3200

[email protected]

 Dr. Richard Spencer

President

Aurania Resources Ltd.

(416) 367-3200

[email protected]

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

Forward-Looking Statements

This news release may contain forward-looking information that involves substantial known and unknown risks and uncertainties, most of which are beyond the control of Aurania. Forward-looking statements include estimates and statements that describe Aurania’s future plans, objectives or goals, including words to the effect that Aurania or its management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to Aurania, Aurania provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to Aurania’s objectives, goals or future plans, statements, exploration results, potential mineralization, the corporation’s portfolio, treasury, management team and enhanced capital markets profile, the estimation of mineral resources, exploration, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, regulatory, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate indigenous peoples, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, the effects of COVID-19 on the business of the Company including but not limited to the effects of COVID-19 on the price of commodities, capital market conditions, restrictions on labour and international travel and supply chains, and those risks set out in Aurania’s public documents filed on SEDAR. Although Aurania believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Aurania disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

QuickChek – April 26, 2021

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Kratos Demonstrates SATCOM Situational Awareness to an Operationally Secure Environment Using Commercial Resources

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electroCore, Inc. Announces Johns Hopkins University School of Medicine Study of Non-Invasive Vagus Nerve Stimulation

electroCore, Inc. announced that Johns Hopkins University School of Medicine is starting an investigator-initiated trial of non-invasive vagus nerve stimulation (nVNS) using the Company’s proprietary gammaCore device to treat symptomatic exacerbation of nausea in patients with gastroparesis and related disorders

Research, News & Market Data on electroCore



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Kratos Defense and Security Solutions (KTOS) – Demonstrates SATCOM Situational Awareness to an Operationally Secure Environment Using Commercial Resources

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Kratos Demonstrates SATCOM Situational Awareness to an Operationally Secure Environment Using Commercial Resources

 

U.S. DoD and allied nations effort included roaming capability, electromagnetic interference support and sharing of data through Unified Data Library (UDL)

SAN DIEGO, 
April 26, 2021 (GLOBE NEWSWIRE) — 
Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that they were the first to successfully exhibit an integrated SATCOM capability providing real-time Situational Awareness (SA) to an operationally secure environment. The demonstration included roaming among different networks to optimize wideband satellite communications (SATCOM) using Enterprise Management and Control (EM&C). EM&C is an effort by the 
DoD to plan, initiate, monitor and restore rapid, automated access to hybrid satellite constellations and networks, operated by various service providers.

The demonstration was part of a multi-national Joint All Domain Command and Control (JADC2) demonstration hosted by 
U.S. European Command, 
U.S. Air Forces in 
Europe and Air Forces Africa, and the 
Department of the Air Force Chief Architect Office. EM&C capabilities provided by Kratos and its industry partners highlighted a means for providing real-time satellite communication end-to-end connectivity status and operational readiness including spectral data, link and equipment status and detecting/geolocating electromagnetic interference (EMI). The event also highlighted a method to restore satellite service in response to interference and the capability to gather and fuse information from sensors and satellites through the 
Unified Data Library (UDL). The UDL is a 
U.S. government owned, cloud-enabled database accessible by the 
DoD and coalition partners. The capabilities available through EM&C are important as they support real-time warfighter communication across domains in times of war or conflict.

LTC Gary Thompson, Chief, Fighting SATCOM Capability Integration, SMC SATCOM Capability Integrator Office said, “This demonstration of EM&C helped the warfighters better understand the key satellite links used for communication and enabled precision identification, characterization, and troubleshooting of interference along the long-haul communication pathways. In addition, utilization of the UDL allowed the sharing of critical information across the joint forces for timely, fused situational awareness and lethality.”

EM&C is an important strategic goal of the military to effectively operate an integrated SATCOM enterprise by increasing assured SATCOM access for the warfighter with legacy and next-generation terminals. It improves the effectiveness of the DoD’s critical SATCOM infrastructure by enhancing resilience and giving more satellite link choices, reducing resource allocation times and improving bandwidth efficiency. Funding for the recent European demonstration was provided through the Air Force Life Cycle Management Center Advanced Battle Management System (ABMS) Broad Agency Announcement, of which Kratos is an award recipient. Kratos’ partnered with 
Knight Sky, LLC for terminal and 
Gateway equipment supporting the Flexible Terminal Interface (FTI), and 
SES Government Solutions (SES GS) to provide SATCOM capacity.

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 go to 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
[email protected]

Source: Kratos Defense & Security Solutions, Inc.

electroCore Inc. (ECOR) – Announces Johns Hopkins University School of Medicine Study of Non-Invasive Vagus Nerve Stimulation (nVNS) for Symptomatic Exacerbation of Nausea in Patients with Gastroparesis and Related Disorders

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electroCore, Inc. Announces Johns Hopkins University School of Medicine Study of Non-Invasive Vagus Nerve Stimulation (nVNS) for Symptomatic Exacerbation of Nausea in Patients with Gastroparesis and Related Disorders

 

ROCKAWAY, NJ, 
April 26, 2021 (GLOBE NEWSWIRE) —  — 
electroCore, Inc. (Nasdaq: ECOR), a commercial-stage bioelectronic medicine company, today announced that 
Johns Hopkins University School of Medicine is starting an investigator-initiated trial of non-invasive vagus nerve stimulation (nVNS) using the Company’s proprietary gammaCore device to treat symptomatic exacerbation of nausea in patients with gastroparesis and related disorders (NCT04857281).

Many gastrointestinal disorders can cause nausea and vomiting, of which the most well-known is gastroparesis, a digestive disorder in which the stomach empties slowly.1 The symptoms of gastroparesis can range from mild to severe, requiring prolonged hospitalizations and interventions, and causing life-threatening complications which can significantly affect the quality of life in affected individuals. It is estimated that close to 6 million Americans suffer from gastroparesis which is more common in women than men.2 The economic impact of gastroparesis can be substantial, with studies reporting 11% of patients disabled due to their gastroparesis symptoms, while another 28.5% reported a loss of yearly income. 3

Nausea without slow gastric emptying may be even more common and has been referred to by many names, including chronic unexplained nausea and vomiting (CUNV), gastroparesis-like syndrome (GLS), functional vomiting, and vomiting of unexplained etiology (VUE). Many of these patients can be classified as having functional dyspepsia (FD) which is a disorder that may affect 10% of the US population.4

“The vagus nerve plays a key role in the regulation of nausea and vomiting,” commented Dr. Jay Pasricha, Professor of Medicine and Neurosciences and Director of the 
Johns Hopkins Center for Neurogastroenterology and principal investigator of the study. “Vagal modulation is currently thought to be a major component of the treatment benefit from an implanted gastric electrical stimulation (GES) device in patients with symptoms of gastroparesis and the planned proof of concept study explores whether a non-invasive hand-held device for vagal modulation can also be effective in reducing the need for traditional rescue medications for patients with unexplained nausea and vomiting.”

“We appreciate  Dr. Pasricha and his team selecting gammaCore (nVNS) for their study,” said  Eric Liebler, Senior Vice President of Neurology at electroCore, Inc. “gammaCore (nVNS) is the first non-invasive, handheld medical device proven to activate the vagus nerve by providing a patented mild electrical stimulation through the skin, and offers a potential alternative to GES that could eliminate significant risks of injury or illness associated with implantation.”

For more information, visit clinicaltrials.gov.

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 for 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 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 is contraindicated for patients with:
    • An active implantable medical device, such as a pacemaker, hearing aid implant, or any implanted electronic device
    • A metallic device, such as a stent, bone plate, or bone screw, implanted at or near the neck
    • An open wound, rash, infection, swelling, cut, sore, drug patch, or surgical scar(s) on the neck at the treatment location
  • 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 (younger than 12 years)
    • 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 availability and impact of payer coverage, the potential of nVNS generally and gammaCore in particular to treat symptomatic exacerbation of nausea in patients with gastroparesis and related disorders 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.


1 Camilleri, M; Parkman HP; Shafi MA; Abell T; Gerson L. Clinical guideline: management of gastroparesis. 2013 Jan; 108 (1): 18-37.
2 Rey E, Choung RS, Schleck CD, Zinsmeister AR, Talley NJ, Locke GR III. Prevalence of hidden gastroparesis in the community: the gastroparesis“iceberg”. J Neurogastroenterol Motil. 2012;18:34–42.
3 Lacy BE, Crowell MD, Mathis C, Bauer D, Heinberg LJ. Gastroparesis: quality of life and health care utilization. J Clin Gastroenterol. 2018; 52: 20–24.
4 Harer, K; Pasricha PJ. Chronic Unexplained Nausea and Vomiting or Gastric Neuromuscular Dysfunction (GND) An Update on Nomenclature, Pathophysiology and Treatment and Relationship to Gastroparesis. 2016 Dec; 14 (4): 410-419.


Investors:
Rich CockrellCG Capital
404-736-3838
[email protected]

or

Media Contact:
Summer Diaz
electroCore
816-401-6333
[email protected]

Is ESG and B Corp. Investing Smart?

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ESG, B Corps, and Investors

 

ESG investing and its accelerated rise show that people see purpose in putting their money where their values are or by following a growing investment trend – in many cases both. Companies are certainly aware of the movement and are working to establish themselves as fitting ESG investment criteria. Increasingly companies are altering the impact of their daily operations, and investors are noticing and reacting. According to the most recent biennial report from the United States Forum for Sustainable and Responsible Investment (US SIF), total US-domiciled assets under management employing ESG investing strategies increased 42 percent over the past two years, to $17 trillion in 2020, up from $12 trillion at the start of 2018.

The increased levels of adoption of ESG standards reporting have taken their cue from consumer demand, as customers and investors direct their dollars towards organizations that support this popular trend and away from others. Social governance and environmental standards are becoming the new norm as new companies develop in the mold and older companies innovate to capitalize on the movement of business towards these standards.

 Environmental, Social, Governance

MSCI has the tag line “Powering better investment for a better world,” their framework has currently taken the lead to shape understanding of the specific aspects of the operations that fall under “ESG”. The environmental (E) factors include measurements like carbon emissions in a company’s transport and logistics, the efficiency of their energy sources, and, particularly in the case of F&B companies, water usage. Social (S) factors relate to how the company treats its employees and diversity in leadership. Governance (G) indicators take a look at issues like share class structure, data security, and government structure.

 

 

In the past, it may have seemed that standards of accountability inhibited performance. However, as consumers and businesses alike adopt such standards, ESG rankings may actually point to the long-term viability of a company. According to research from MSCI, companies in the bottom ESG quintile have been twice as likely to suffer a catastrophic loss (over 95% cumulative loss) within three years.

 

B Corps

Many companies have also gone beyond the ESG standards and have now established themselves as B Corps. This certifies them as “benefit corporations” compliant with the standards of B Lab, a Pennsylvania-based business research organization that has set standards around corporate impact. According to B Lab, B Corp members in the U.K. have experienced an average YoY 14% growth rate, about 28x higher than the national average. For example, Leading B Corps rise are fast-moving consumer goods (FMCG or CPG) brands that grew 21% on average in 2017 compared to a national average of 3% across their respective sectors.

In 2016, MSCI downgraded Equifax’s ESG rating due to concerns about data privacy and cybersecurity. Almost exactly a year later, Equifax announced the data breach that compromised the personal information of 147 million people.

 

Take-Away

Beyond “greenwashing” and hollow corporate social responsibility, ESG frameworks have become increasingly integrated into business operations. Undoubtedly, a high ESG ranking also gives way to higher brand equity today and marketing campaigns can be designed around to appeal to the trend.  

In 2021, carrying a high ESG rating benefits a company in more ways than one. For investors, the trend is an added category worth reviewing; from an investment standpoint, this is where the attention is currently.

 

About the Author:

Laila Jiwani is a freelance writer specializing in topics related to social finance and international economic trends. Currently based in Dallas, Texas, she is an Erasmus Mundus Joint Master’s Graduate and has worked for economic development organizations in the U.S., Morocco, Kenya, Pakistan and Kyrgyzstan.

 

Suggested Reading:

Five Reasons Investors Increasingly Use ESG Standards

Expect 500,000 Fewer U.S. Births in 2021



Can Mining be Green and Sustainable?

Can Small Investors Compete With Wall Street?

 

Sources:

https://www.msci.com/who-we-are/about-us

https://bcorporation.net/

https://hbr.org/2016/06/why-companies-are-becoming-b-corporations

https://www.forbes.com/sites/jasonbisnoff/2020/12/14/esg-investing-a-sizzling-sector-that-will-get-even–hotter-under-president-biden/?sh=69ad80c23302

https://netimpactboston.wordpress.com/2015/03/12/b-corp-interview-anne-sherman-staach

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Release – electroCore Inc. (ECOR) – Announces Johns Hopkins University School of Medicine Study of Non-Invasive Vagus Nerve Stimulation (nVNS) for Symptomatic Exacerbation of Nausea in Patients with Gastroparesis and Related Disorders

Posted on by Admin


electroCore, Inc. Announces Johns Hopkins University School of Medicine Study of Non-Invasive Vagus Nerve Stimulation (nVNS) for Symptomatic Exacerbation of Nausea in Patients with Gastroparesis and Related Disorders

 

ROCKAWAY, NJ, 
April 26, 2021 (GLOBE NEWSWIRE) —  — 
electroCore, Inc. (Nasdaq: ECOR), a commercial-stage bioelectronic medicine company, today announced that 
Johns Hopkins University School of Medicine is starting an investigator-initiated trial of non-invasive vagus nerve stimulation (nVNS) using the Company’s proprietary gammaCore device to treat symptomatic exacerbation of nausea in patients with gastroparesis and related disorders (NCT04857281).

Many gastrointestinal disorders can cause nausea and vomiting, of which the most well-known is gastroparesis, a digestive disorder in which the stomach empties slowly.1 The symptoms of gastroparesis can range from mild to severe, requiring prolonged hospitalizations and interventions, and causing life-threatening complications which can significantly affect the quality of life in affected individuals. It is estimated that close to 6 million Americans suffer from gastroparesis which is more common in women than men.2 The economic impact of gastroparesis can be substantial, with studies reporting 11% of patients disabled due to their gastroparesis symptoms, while another 28.5% reported a loss of yearly income. 3

Nausea without slow gastric emptying may be even more common and has been referred to by many names, including chronic unexplained nausea and vomiting (CUNV), gastroparesis-like syndrome (GLS), functional vomiting, and vomiting of unexplained etiology (VUE). Many of these patients can be classified as having functional dyspepsia (FD) which is a disorder that may affect 10% of the US population.4

“The vagus nerve plays a key role in the regulation of nausea and vomiting,” commented Dr. Jay Pasricha, Professor of Medicine and Neurosciences and Director of the 
Johns Hopkins Center for Neurogastroenterology and principal investigator of the study. “Vagal modulation is currently thought to be a major component of the treatment benefit from an implanted gastric electrical stimulation (GES) device in patients with symptoms of gastroparesis and the planned proof of concept study explores whether a non-invasive hand-held device for vagal modulation can also be effective in reducing the need for traditional rescue medications for patients with unexplained nausea and vomiting.”

“We appreciate  Dr. Pasricha and his team selecting gammaCore (nVNS) for their study,” said  Eric Liebler, Senior Vice President of Neurology at electroCore, Inc. “gammaCore (nVNS) is the first non-invasive, handheld medical device proven to activate the vagus nerve by providing a patented mild electrical stimulation through the skin, and offers a potential alternative to GES that could eliminate significant risks of injury or illness associated with implantation.”

For more information, visit clinicaltrials.gov.

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 for 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 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 is contraindicated for patients with:
    • An active implantable medical device, such as a pacemaker, hearing aid implant, or any implanted electronic device
    • A metallic device, such as a stent, bone plate, or bone screw, implanted at or near the neck
    • An open wound, rash, infection, swelling, cut, sore, drug patch, or surgical scar(s) on the neck at the treatment location
  • 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 (younger than 12 years)
    • 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 availability and impact of payer coverage, the potential of nVNS generally and gammaCore in particular to treat symptomatic exacerbation of nausea in patients with gastroparesis and related disorders 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.


1 Camilleri, M; Parkman HP; Shafi MA; Abell T; Gerson L. Clinical guideline: management of gastroparesis. 2013 Jan; 108 (1): 18-37.
2 Rey E, Choung RS, Schleck CD, Zinsmeister AR, Talley NJ, Locke GR III. Prevalence of hidden gastroparesis in the community: the gastroparesis“iceberg”. J Neurogastroenterol Motil. 2012;18:34–42.
3 Lacy BE, Crowell MD, Mathis C, Bauer D, Heinberg LJ. Gastroparesis: quality of life and health care utilization. J Clin Gastroenterol. 2018; 52: 20–24.
4 Harer, K; Pasricha PJ. Chronic Unexplained Nausea and Vomiting or Gastric Neuromuscular Dysfunction (GND) An Update on Nomenclature, Pathophysiology and Treatment and Relationship to Gastroparesis. 2016 Dec; 14 (4): 410-419.


Investors:
Rich CockrellCG Capital
404-736-3838
[email protected]

or

Media Contact:
Summer Diaz
electroCore
816-401-6333
[email protected]

Release – Kratos Defense and Security Solutions (KTOS) – Demonstrates SATCOM Situational Awareness to an Operationally Secure Environment Using Commercial Resources

Posted on by Admin


Kratos Demonstrates SATCOM Situational Awareness to an Operationally Secure Environment Using Commercial Resources

 

U.S. DoD and allied nations effort included roaming capability, electromagnetic interference support and sharing of data through Unified Data Library (UDL)

SAN DIEGO, 
April 26, 2021 (GLOBE NEWSWIRE) — 
Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that they were the first to successfully exhibit an integrated SATCOM capability providing real-time Situational Awareness (SA) to an operationally secure environment. The demonstration included roaming among different networks to optimize wideband satellite communications (SATCOM) using Enterprise Management and Control (EM&C). EM&C is an effort by the 
DoD to plan, initiate, monitor and restore rapid, automated access to hybrid satellite constellations and networks, operated by various service providers.

The demonstration was part of a multi-national Joint All Domain Command and Control (JADC2) demonstration hosted by 
U.S. European Command, 
U.S. Air Forces in 
Europe and Air Forces Africa, and the 
Department of the Air Force Chief Architect Office. EM&C capabilities provided by Kratos and its industry partners highlighted a means for providing real-time satellite communication end-to-end connectivity status and operational readiness including spectral data, link and equipment status and detecting/geolocating electromagnetic interference (EMI). The event also highlighted a method to restore satellite service in response to interference and the capability to gather and fuse information from sensors and satellites through the 
Unified Data Library (UDL). The UDL is a 
U.S. government owned, cloud-enabled database accessible by the 
DoD and coalition partners. The capabilities available through EM&C are important as they support real-time warfighter communication across domains in times of war or conflict.

LTC Gary Thompson, Chief, Fighting SATCOM Capability Integration, SMC SATCOM Capability Integrator Office said, “This demonstration of EM&C helped the warfighters better understand the key satellite links used for communication and enabled precision identification, characterization, and troubleshooting of interference along the long-haul communication pathways. In addition, utilization of the UDL allowed the sharing of critical information across the joint forces for timely, fused situational awareness and lethality.”

EM&C is an important strategic goal of the military to effectively operate an integrated SATCOM enterprise by increasing assured SATCOM access for the warfighter with legacy and next-generation terminals. It improves the effectiveness of the DoD’s critical SATCOM infrastructure by enhancing resilience and giving more satellite link choices, reducing resource allocation times and improving bandwidth efficiency. Funding for the recent European demonstration was provided through the Air Force Life Cycle Management Center Advanced Battle Management System (ABMS) Broad Agency Announcement, of which Kratos is an award recipient. Kratos’ partnered with 
Knight Sky, LLC for terminal and 
Gateway equipment supporting the Flexible Terminal Interface (FTI), and 
SES Government Solutions (SES GS) to provide SATCOM capacity.

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 go to 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
[email protected]

Source: Kratos Defense & Security Solutions, Inc.