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SPARC AI Appoints Strategic Defense Advisor to Boost Business Development and to Support U.S. and Canadian Defense Engagements
Thenewswire· 2025-10-14 13:30
Core Insights - SPARC AI Inc. has appointed a leading North American defense and government advisory firm to enhance its expansion into the U.S. and Canadian defense markets, marking a significant milestone in its growth strategy [1][2] - The advisory firm will assist in business development, government defense relations, and strategic introductions, ensuring compliance with the Lobbying Act of Canada [2] - SPARC AI's CEO stated that the company has reached a level of technological maturity suitable for deployment, with systems tested in demanding conditions [3] Company Developments - The newly appointed advisory firm will guide SPARC AI in strengthening partnerships within North America's defense ecosystem [2] - SPARC AI has expanded its drone demonstration fleet, acquiring custom-built drones to showcase its advanced technologies, including the Target Acquisition System and Autonomous Flight Engine [3] - The company's technology enables drones to operate without GPS, radar, laser, or lidar, which is crucial for operations in contested environments [3] Technology Overview - SPARC AI develops next-generation, GPS-free target acquisition and intelligence software for drones and edge devices, focusing on real-time detection and tracking without heavy sensors [4] - The flagship platform aims to provide unmatched situational awareness for defense, rescue, and commercial operators [4] - The company is committed to building a scalable software platform that will define the future of drone intelligence globally [4]
Ecolomondo Appoints Mario Mantaci, P.Eng., M.Eng. as Chief Technology Officer
Thenewswire· 2025-10-14 13:30
Core Insights - Ecolomondo Corporation has appointed Mario Mantaci as Chief Technology Officer to lead technology development and optimization, focusing on the ramp-up of the Hawkesbury TDP facility [1][5][7] Company Overview - Ecolomondo has developed its proprietary Thermal Decomposition Process (TDP) over 25 years, investing over $52 million in its first commercial facility in Hawkesbury, Ontario [2][10] - The company aims to be a leader in sustainable tire recycling and the circular economy, producing reusable commodities from scrap tires [11][14] Technology and Operations - The Hawkesbury facility is designed to process approximately 1 million scrap tires annually, producing around 4,000 MT of recovered carbon black, 5,000 MT of pyrolysis oil, 2,000 MT of steel, and 1,200 MT of process gas [12] - Ecolomondo's TDP technology is more advanced than most pyrolysis technologies, addressing various operational challenges [19] Environmental Impact - The TDP process is expected to reduce GHG emissions by 90% compared to virgin carbon black production, with annual CO2 reductions of 15,000 tons from the Hawkesbury facility and 45,000 tons from the upcoming Shamrock facility [20] Future Plans - Ecolomondo plans to expand its TDP facilities, with the Shamrock facility projected to process 5 million tires per year, yielding significantly higher outputs than the Hawkesbury plant [13][15] - The company is also focused on achieving ISCC certification and implementing ESG initiatives to enhance operational protocols and sustainability [6][16][18]
Majestic's HKEX-Listed Subsidiary Persistence Completes HK$472 Million Private Placement
Thenewswire· 2025-10-14 13:00
Vancouver, British Columbia – TheNewswire - October 14, 2025 - Majestic Gold Corp. (“Majestic” or the “Company”) (TSX.V: MJS, FSE: A0BK1D) ) is pleased to announce that its Hong Kong Stock Exchange (“HKEX”) listed subsidiary, Persistence Resources Group Ltd. (“Persistence”) (Stock Code: 2489), has completed a private placement financing (the “Private Placement”) for gross proceeds of $472 million (approximately CAD$85.2 million)(“Placement”). Pursuant to the Placement, Persistence issued 400 million common ...
Baru Gold Completes Area Survey in Preparation of Production Plant Construction & Drill Program
Thenewswire· 2025-10-14 13:00
 VANCOUVER, B.C. - TheNewswire - Baru Gold Corp. (BARU: TSX.V | BARUF: OTCQB) (“Baru”) and its subsidiary PT. Tambang Mas Sangihe (“TMS” or the “Company”) are pleased to report further progress in advancing its production readiness at the Sangihe Gold Project while awaiting approval for the upgrade to production operations.The Company has successfully completed a multi-week land and aerial survey in the Company’s concession area, combining drone-based LiDAR scanning with on-site ground measurements, to pro ...
Noble Agrees to Sell Island Pond Claims to Benton Resources Inc.
Thenewswire· 2025-10-14 12:30
 TORONTO – TheNewswire - October 14, 2025 – Noble Mineral Exploration Inc. ("Noble" or the "Company") (TSXV: NOB) (OTCQB: NLPXF) is pleased to announce that it has entered into an agreement to sell its Island Pond claims in Newfoundland & Labrador to Benton Resources Inc. (“Benton”) (TSXV: BEX).The Island Pond claims are a group of 7 mining claims located in Central Newfoundland, covering an area of approximately 175 hectares.  The Island Pond property is strategically located north of Benton’s South Pond ...
St-Georges annonce des progres importants dans son usine pilote de lithium et ses initiatives metallurgiques
Thenewswire· 2025-10-14 11:01
Core Insights - St-Georges Eco-Mining Corporation and its subsidiary, Metallurgie St-Georges, have provided an update on their lithium production pilot plant and other metallurgical initiatives [1] Group 1: Lithium Production Update - The company and its partners have evaluated several potential suppliers of spodumene across Canada, receiving an initial shipment of approximately five tons of Canadian spodumene concentrate [2] - The lithium technology developed by St-Georges aims to achieve high purity and recovery rates while reducing waste, water, acid, and reagent consumption, and producing valuable by-products like alumina and nitrogen-based fertilizers [3] - A feasibility study based on pilot project results is expected to commence by March 2027, which will include a detailed analysis of capital (CAPEX) and operating (OPEX) costs [3][13] Group 2: Other Metallurgical Initiatives - The company is advancing two nickel-focused projects supported by grant applications in collaboration with several partners, including Coalia and IGS [4] - Preparations are underway for the full extraction of valuable minerals through metallurgical processing of bulk samples collected from critical mineral projects Julie and Manicouagan, expected to begin before the end of the year [5] Group 3: Collaboration and Intellectual Property - Through its subsidiary Iceland Resources ehf, the company is collaborating with a geothermal energy producer in Iceland, with initial tests showing gold equivalent grades ranging from approximately 67 g/t to 437 g/t [6] - LiOH Corp. holds a limited five-year exclusivity right on the technology in exchange for financial contributions, allowing collaboration on testing and data sharing during pilot operations [11] - All intellectual property and resulting data remain the property of Metallurgie St-Georges, with no licenses granted to third parties while the pilot phase is active [12] Group 4: Pilot Plant and Future Plans - The lithium pilot plant is designed to produce lithium nitrate and potentially lithium hydroxide, along with various by-products generated by St-Georges' exclusive processing technology [10] - Upon completion of the feasibility study, LiOH Corp. may extend its limited exclusivity for an additional five years if it undertakes the construction of a commercial plant [13]
St-Georges reports progress on lithium pilot & metallurgical initiatives
Thenewswire· 2025-10-14 11:01
Core Insights - St-Georges Eco-Mining Corp. and its subsidiary St-Georges Metallurgy Corp. are advancing their lithium production pilot plant and other metallurgical initiatives, with a focus on sustainable and cost-effective lithium processing technologies [1][3]. Lithium Production Pilot Plant - The company has received its first shipment of approximately five tons of spodumene concentrate from Canadian suppliers, and initial processing is underway [2]. - The SX lithium technology aims to enhance lithium metallurgy by improving purity and recovery rates, reducing waste, and generating valuable by-products, positioning it as a competitive alternative to traditional methods [3]. - A feasibility study is planned to commence by March 2027, which will include a detailed analysis of capital and operational expenditures [3][17]. Other Metallurgical Initiatives - St-Georges Metallurgy Corp. is progressing on two nickel-focused projects, supported by grant applications in collaboration with partners [4]. - Preparations are in place for the extraction of valuable minerals from previously collected samples from the Julie and Manicouagan Critical Minerals Projects, with processing expected to start before year-end [5]. Collaboration and Testing - The company is collaborating with a geothermal energy producer in Iceland, with initial testing showing gold-equivalent grades ranging from approximately 67 g/t to 437 g/t [6]. - Over 200 kilograms of material have been imported into Canada for further extraction and separation testing [6]. Warrant Extensions - The company is extending the validity of several warrants, allowing for longer exercise periods and maintaining the same exercise prices [8][10][12][14][16].
SuperQ Quantum Announces Brokered LIFE Financing for up to $3,000,000
Thenewswire· 2025-10-14 11:00
Core Points - SuperQ Quantum Computing Inc. has engaged Hampton Securities Limited as the sole lead agent for a minimum offering of 1,666,666 units at a price of $1.05 per unit, aiming for gross proceeds of at least $1,750,000 and up to $3,000,000 with a maximum of 2,857,142 units [1][2] - Each unit consists of one common share and one common share purchase warrant, allowing the holder to acquire an additional share at $1.40 for thirty-six months [2] - The company plans to use the net proceeds for quantum hardware development, including human resources, lab facilities, software, equipment, research, product development, and general working capital needs [4] Offering Details - The offering will be conducted under specific Canadian securities regulations, allowing for private placements without a hold period for Canadian subscribers [5] - An option has been granted to the agent to sell an additional 428,571 units for up to $450,000 in gross proceeds [3] - The expected closing date for the offering is around October 24, 2025, subject to regulatory approvals [6] Agent Compensation - The agent will receive a cash fee of 7.0% of the gross proceeds from the offering, along with compensation options equal to 7.0% of the total units issued [7] Company Overview - SuperQ Quantum Computing Inc. aims to lead in quantum and supercomputing solutions, targeting enterprise transformation and optimization for global organizations [9][10] - The company's flagship Super™ platform is designed to provide advanced computational power to various sectors, including finance, healthcare, and logistics [10]
Falcon Energy Materials Uplists to OTCQB Venture Market
Thenewswire· 2025-10-14 11:00
 Abu Dhabi, United Arab Emirates, October 14, 2025 – TheNewswire -  Falcon Energy Materials plc (TSX-V: FLCN) (“Falcon” or the “Company”) is pleased to announce that it has been approved to uplist from the OTC Pink market to the OTCQB Venture Market (“OTCQB”), operated by OTC Markets Group Inc, effective today.The OTCQB, established in 2010, serves as the premier U.S. marketplace for early-stage and developing companies. It provides improved visibility and greater access to U.S. investors and is recognized ...
Headwater Gold Commences Drilling at Lodestar Project, Nevada
Thenewswire· 2025-10-14 10:30
Core Insights - Headwater Gold Inc. has commenced drilling at the Lodestar project in Nevada, with a total program of up to 3,500 meters of core and reverse circulation drilling, fully funded through an agreement with Newmont Corporation [1][3][5] - The initial focus will be on the Zodiac sinter target, which is believed to have significant discovery potential due to its geological and geophysical characteristics [2][5] - The drilling program aims to test structural feeders beneath the sinter and various geophysical anomalies for high-grade epithermal veins at depth [2][3] Drilling Program Details - The drilling program will consist of 10 to 15 holes targeting multiple gold prospects on the Lodestar property [3] - The program is fully funded by a minimum expenditure commitment of US$2 million from Newmont [3] - The first systematic test will focus on the Zodiac sinter ridge target, with drilling planned to reach depths greater than 100 meters [3][5] Geological Context - The Lodestar project is located in the Aurora Mining District, near Hecla Mining Company's past-producing Aurora mine complex, which has existing infrastructure [11] - The Zodiac target has approximately 700 meters of exposed strike length and is expected to extend under volcanic cover [5] - The drilling aims to intersect an inferred boiling horizon 150 to 250 meters below the surface, where gold-silver deposition is anticipated [5][11] Exploration Strategy - The drill program is designed to adapt based on geological findings and analytical results, allowing for flexibility in targeting mineralized structures [5] - Additional drilling will target concealed structures using geophysical data, including CSAMT resistivity and induced polarization [8] - The exploration model is based on successful findings at the Spring Peak project, with expectations of high-grade mineralization in steeply dipping feeder faults at depth [11]