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Planet Ventures Highlights Rapid Growth and Innovation of Portfolio Company SuperQ Quantum Computing
Thenewswire· 2025-10-08 12:00
Core Insights - Planet Ventures Inc. has made a strategic investment in SuperQ Quantum Computing Inc. to accelerate the evolution of quantum computing and capture early market leadership in this transformative industry [1] Company Overview - SuperQ Quantum Computing Inc. is emerging as a significant player in the quantum and hybrid computing space with its flagship product, Super™, which integrates quantum annealing, gate-based quantum computing, and high-performance classical computing into a unified platform [2][10] - The company aims to democratize quantum and supercomputing, enabling organizations and researchers to deploy advanced optimization and simulation workloads [10] Market Opportunity - The quantum computing market is projected to grow from USD 3.52 billion in 2025 to USD 20.20 billion by 2030, at a compound annual growth rate (CAGR) of 41.8% [4] - McKinsey forecasts that by 2035, quantum computing could have a market value between USD 28 billion and USD 72 billion, with broader quantum technologies potentially reaching nearly USD 100 billion [4] Commercialization and Partnerships - SuperQ is entering the commercial realm with early traction and validated use cases, including its first revenue deal for deploying quantum-powered robotic motion planning in agriculture [3][7] - The company has launched initiatives in India to establish a national network of "Quantum Super Hubs" and has formed multiple strategic partnerships [7] Investment Details - Planet Ventures currently owns 600,000 shares of SuperQ at a cost of $0.30 per share and 500,000 warrants priced at $1.50 per share, expiring on March 18, 2026 [8]
Avrupa Minerals Expands Landholdings in Vihanti-Pyhasalmi VMS District, Finland
Thenewswire· 2025-10-08 12:00
Core Insights - Avrupa Minerals Ltd. has acquired additional exploration ground in the Vihanti-Pyhäsalmi VMS District of Central Finland through its partnership with Akkerman Finland Oy, expanding its holdings with a new exploration area reservation, KKS, totaling 18.6 km² [1] - The KKS area covers three historic VMS prospects: Kurpas, Kaskela, and Sirviö, and the company now holds seven copper-zinc exploration permits and one gold exploration permit in the region [1][8] - The Geological Survey of Finland previously reviewed the area from 1970 to 2001, with Outokumpu discovering shallow copper-zinc mineralization at Kaskela and Kurpas in the late 1980s [3] - Follow-up exploration by Outokumpu and Belvedere Resources did not yield significant results, leading to a cessation of exploration activities in the area for the past 20 years [4][5] - AFOy plans to utilize geophysical tools to explore the depth potential of the KKS area, which has not been explored deeper than 200 meters [5] - The company is actively seeking joint venture partners for its VMS program and will attend the FEM2025 Conference to discuss potential partnerships [7] Company Overview - Avrupa Minerals Ltd. is a growth-oriented junior exploration and development company focused on discovering mineral deposits using a hybrid project generator business model [8] - The company holds a 100%-owned license in Portugal for the Alvalade VMS Project and is advancing seven copper-zinc prospects and one gold prospect in Finland through its partnership with Akkerman Exploration [8] - Avrupa Minerals aims to develop opportunities in politically stable and prospective regions of Europe, including Portugal, Finland, and Kosovo, while seeking new joint venture partnerships [8]
First Tellurium and PyroDelta Clarify Third-Party Testing on Thermoelectric Modules for Drone Combustion Engines
Thenewswire· 2025-10-08 11:30
Core Insights - First Tellurium Corp. has successfully tested thermoelectric modules that enhance the range of high payload drones powered by combustion engines [2][3] - The testing was conducted by a reputable U.S. drone manufacturer, with input from PyroDelta, confirming the resilience and effectiveness of the modules [3][4] Company Overview - First Tellurium Corp. operates with a unique business model focused on mineral discovery, project development, and the advancement of tellurium-based technologies [5] - The company is publicly traded on the Canadian Securities Exchange under the symbol "FTEL" and on the OTC under "FSTTF" [5] Testing Details - The thermoelectric modules were tested in vacuum chambers to simulate high altitudes and subjected to heat and sand to mimic harsh desert conditions [3] - The results of the tests were positively received by both the drone manufacturer and PyroDelta [4]
LAURION Reports 32.47 g/t Gold Over 1.90 m, including 67.8 g/t Gold Over 0.90 m in Channel Sample at Twin Falls, Ishkoday Project
Thenewswire· 2025-10-08 11:00
Toronto, Ontario – October 8, 2025 – TheNewswire - LAURION Mineral Exploration Inc. (TSX.V: LME | OTC: LMEFF) (“LAURION” or the “Corporation”) is pleased to report results from its recent channel sampling program from the Cyril Knight Showing, situated at Twin Falls northwest of the historic Sturgeon River Mine within the Ishkōday Project. The Twin Falls property is contiguous to and lies immediately west of the broader Ishkōday Project, which is located approximately 220 kilometres northeast of Thunder Ba ...
Fidelity Minerals Announces Closing of First Tranche of Non-Brokered Private Placement Financing
Thenewswire· 2025-10-07 22:20
Core Points - Fidelity Minerals Corp. has successfully closed the first tranche of a non-brokered private placement, raising gross proceeds of CAD $1,350,000 by issuing 13,500,000 units at CAD $0.10 per unit [1][2] - Each unit consists of one common share and one-half transferable common share purchase warrant, with full warrants exercisable at $0.20 per share until October 7, 2027 [1][2] - A strategic investor has purchased 3,500,000 units in the first tranche and is expected to acquire the remaining 1,500,000 units in the second tranche pending TSX-V approval [2] Financial Details - The company paid cash finder's fees of $33,775 and issued 337,750 finder's warrants, each exercisable at $0.20 until October 7, 2027 [2] - Of the total units issued, 3,325,000 units were subscribed by Lions Bay Capital Inc., a control person of the company, which constitutes a related party transaction [4] Use of Proceeds - The net proceeds from the financing will be used to advance exploration and community relation programs in Peru, as well as for corporate working capital purposes [5] Regulatory Information - The securities issued are subject to a four-month hold period expiring on February 8, 2026 [3] - The securities have not been registered under the U.S. Securities Act and cannot be offered or sold in the U.S. without compliance with registration requirements [6] Company Overview - Fidelity Minerals Corp. focuses on high-quality mining assets, particularly in copper and gold, with a goal to delineate major deposits that could attract mid-tier and major mining companies [8] - The company is advancing its most significant project, Las Huaquillas, located in Northern Peru, and is looking to expand its project portfolio through strategic acquisitions [8]
Scandium Canada participates in Quebec's economic mission to Asia and announces corporate update
Thenewswire· 2025-10-07 17:30
Core Insights - Scandium Canada Ltd. is participating in the Asia 2025 Economic Mission to promote Quebec's leadership in critical minerals and strengthen international partnerships in the sector [1][3] - The Crater Lake project is highlighted as a significant primary source of scandium, with a new mineral resource estimate confirming its exceptional potential [4] - The mission emphasizes the importance of scandium in the energy transition, particularly in manufacturing solid oxide fuel cells and lightweight alloys for the aerospace sector [3] Company Developments - Scandium Canada presented the Crater Lake project to investors in Korea and Japan, showcasing Quebec's unique potential in scandium and its role in clean technology [2] - The company plans to complete a pre-feasibility study by June 2026 to optimize the project's technical and economic parameters [5] - A new bilingual website has been launched to enhance stakeholder engagement and reflect the company's vision [6] Strategic Positioning - The mission positions Quebec as a strategic partner for Asian markets seeking sustainable solutions, highlighting the growing demand for scandium in various industries [3] - Scandium Canada aims to become a leader in the scandium market by developing aluminum-scandium alloys and focusing on sustainable materials [8]
Norsemont to Present at the Centurion One Capital 3rd Annual Bahamas Summit
Thenewswire· 2025-10-07 15:30
Core Points - Norsemont Mining Inc. will present at the Centurion One Capital 3rd Annual Bahamas Summit on October 28-29, 2025, in Nassau, Bahamas [1][3] - CEO Marc Levy will participate in investor meetings and a panel discussion, highlighting the company's recent $6 million financing to advance the Choquelimpie Project [2][7] - The summit aims to connect small cap growth companies with global growth investors through presentations, one-on-one meetings, and networking opportunities [3][4] Company Overview - Norsemont Mining Inc. focuses on developing its flagship Choquelimpie Gold-Silver-Copper project in northern Chile, which has an initial mineral resource estimate of 2,184,000 indicated gold equivalent ounces and 557,000 inferred gold equivalent ounces [7] - The Choquelimpie project has over 1,700 drill holes and significant existing infrastructure, including roads, power, water, camp, and a 3,000-tonne-per-day mill [7] - The company is committed to responsible and sustainable resource development, utilizing modern exploration techniques to enhance shareholder value [7]
Lithium Chile Announces Closing of $7,975,000 Life Offering
Thenewswire· 2025-10-07 14:00
CALGARY, ALBERTA – TheNewswire - October 7, 2025 – Lithium Chile Inc. (TSX Venture Exchange: LITH) (OTC-QB: LTMCF) ("Lithium Chile" or the "Company") is pleased to announce that, further to the news releases of the Company dated September 17, 2025, September 18, 2025, and September 24, 2025, it has closed its previously announced brokered private placement with Canaccord Genuity Corp., acting as lead agent and sole bookrunner on behalf of a syndicate of agents including Moneta Securities (Alberta) ...
Ecolomondo Announces Renewed Sponsorship and Participation at the Recovered Carbon Black Europe Conference in Barcelona
Thenewswire· 2025-10-07 13:30
Core Insights - Ecolomondo Corporation is participating and sponsoring the Recovered Carbon Black Europe Conference from November 4 to 6, 2025, in Barcelona, Spain, highlighting its commitment to sustainable scrap tire recycling technology [1][2] Company Overview - Ecolomondo is a Canadian cleantech company specializing in sustainable tire recycling and resource recovery, utilizing proprietary Thermal Decomposition technology (TDP) to recover valuable commodities from scrap tire waste [9] - The company has a 25-year history and aims to be a leading player in the cleantech space, contributing to the global circular economy [9] Conference Participation - The Recovered Carbon Black Europe Conference, held annually since 2019, serves as a premier forum for experts in the recovered carbon black industry, with over 350 professionals expected to attend [3][5] - Ecolomondo has been a participant since 2020, showcasing its leadership in the recovery and reuse of recovered carbon black (rCB) [5][6] Market Opportunities - The conference provides an opportunity for Ecolomondo to connect with potential international clients and industry experts, reinforcing its dedication to the global circular economy and the growing demand for sustainable alternatives [2][5] - The rCB market is driven by increasing end-user needs and consumer demand, presenting significant market opportunities while addressing the issue of scrap tire waste [5] Facility Details - The Hawkesbury TDP facility is designed to process approximately 1 million scrap tires per year, producing around 4,000 MT of rCB, 5,000 MT of pyrolysis oil, 2,000 MT of steel, and 1,200 MT of process gas [10] - The upcoming Shamrock facility is projected to process 5 million end-of-life tires annually, yielding approximately 15,000 MT of rCB, 18,000 MT of oil, and 7,500 MT of steel [11] Environmental Impact - The TDP process significantly reduces greenhouse gas emissions, with the production of rCB at the Hawkesbury and Shamrock facilities expected to reduce CO2 emissions by 15,000 and 45,000 tons per year, respectively [18]
SPARC AI Launches Overwatch: The Future of Target Intelligence
Thenewswire· 2025-10-07 13:30
Core Insights - SPARC AI Inc. has launched Overwatch, a groundbreaking GPS-free, zero signature universal map and target intelligence platform for drones, marking a significant advancement in drone intelligence technology [1][2][3] Product Overview - Overwatch provides real-time mapping, detection, classification, tracking, monitoring, and engagement behavior, enhancing situational awareness in GPS-denied environments [2] - The platform records target movements and behaviors over time, offering unique intelligence and clarity compared to traditional surveillance methods [2] - The integration of SPARC AI's patented Target Acquisition System with Overwatch creates a comprehensive solution for real-time target detection and analysis across various mission environments [3] Market Strategy - To promote adoption, SPARC AI is initiating an invite-only Early Access Partner Program for select defense, rescue, and security organizations, providing them with access to product roadmaps and special pricing [4] - The launch of Overwatch is accompanied by a refreshed corporate brand and a new website featuring product demonstrations and resources [5] Company Vision - SPARC AI is focused on developing next-generation, GPS-free target acquisition and intelligence software, aiming to redefine drone intelligence globally [6]