
June 13, 2022
dynaCERT Inc. (TSX: DYA) (OTCQX: DYFSF) (FRA: DMJ) ("dynaCERT" or the "Company") announces the resignation of Ms. Rebecca Hudson and Mr. W. Clark Kent from the Board of Directors of the Company effective immediately. dynaCERT thanks Ms. Hudson and Mr. Kent for their services on the Board of Directors.
About dynaCERT Inc.
dynaCERT Inc. manufactures and distributes Carbon Emission Reduction Technology along with its proprietary HydraLytica™ Telematics, a means of monitoring fuel consumption and calculating GHG emissions savings designed for the tracking of possible future Carbon Credits for use with internal combustion engines. As part of the growing global hydrogen economy, our patented technology creates hydrogen and oxygen on-demand through a unique electrolysis system and supplies these gases through the air intake to enhance combustion, which has shown to lower carbon emissions and improve fuel efficiency. Our technology is designed for use with many types and sizes of diesel engines used in on-road vehicles, reefer trailers, off-road construction, power generation, mining and forestry equipment. Website: www.dynaCERT.com.
READER ADVISORY
Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance of achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.
Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: uncertainty as to whether our strategies and business plans will yield the expected benefits; availability and cost of capital; the ability to identify and develop and achieve commercial success for new products and technologies; the level of expenditures necessary to maintain and improve the quality of products and services; changes in technology and changes in laws and regulations; the uncertainty of the emerging hydrogen economy; including the hydrogen economy moving at a pace not anticipated; our ability to secure and maintain strategic relationships and distribution agreements; and the other risk factors disclosed under our profile on SEDAR at www.sedar.com. Readers are cautioned that this list of risk factors should not be construed as exhaustive.
The forward-looking information contained in this news release is expressly qualified by this cautionary statement. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.
Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of the release.
On Behalf of the Board
Murray James Payne, CEO
Contacts
Jim Payne, CEO & President
dynaCERT Inc.
#101 – 501 Alliance Avenue
Toronto, Ontario M6N 2J1
+1 (416) 766-9691 x 2
jpayne@dynaCERT.com
Investor Relations
dynaCERT Inc.
Nancy Massicotte
+1 (416) 766-9691 x 1
nmassicotte@dynaCERT.com
DYA:CA
The Conversation (0)
02 August 2016
DynaCERT
Overview
dynaCERT Inc. (TSX:DYA,OTCQX:DYFSF,FRA:DMJ) is a Canadian company with a global solution to reduce pollution. The company has developed the next generation of carbon emission reduction technology for diesel engines in the global market, providing significant fuel savings to the operator. dynaCERT’s verified HydraGENTMtechnology uses a proprietary electrolysis system to turn distilled water into hydrogen and oxygen gases on demand.
HydraGENTM is currently sold in North America and Europe for use in on-road applications and diesel generators. Third-party validated testing results show that HydraGENTM is a unique technology with the ability to reduce greenhouse gas emissions by up to 50 percent and enhance fuel efficiency by up to 19.2 percent for diesel engines of all sizes. The company’s strategy is to expand internationally while developing numerous applications of its HydraGENTM technology in multiple vertical markets.
“dynaCERT has established a unique and diversified team around the world, in different jurisdictions, aimed at numerous vertical markets,” said dynaCERT President and CEO Jim Payne. “We have prepared for a future of our proud Canadian company based in Toronto to market its revolutionary technology around the world.”
dynaCERT’s technology is designed for use with all types and sizes of diesel engines used in on-road vehicles, reefer trailers, off-road construction, power generation, mining equipment, forestry equipment, marine vessels and railroad locomotives. Through partnerships with industry leaders, major corporations and government bodies, dynaCERT is strengthening its position in the trucking industry while expanding into the light truck, rail, marine and stationary generator markets.
In April 2018, dynaCERT started the Type Approval under Transport Canada and Lloyds Register policies for equipment on marine vessels under the Safety of Life at Sea rules and regulations.
dynaCERT is also targeting the global mining industry as a key market for its technology. HydraGENTM Technology recently earned approval for underground mining applications in Canada. The mining industry is highly dependent on diesel fuel at a time when many mining firms are looking for ways to be more environmentally sustainable. The company showcased HydraGENTM technology at the 2019 Prospectors and Developers Association Convention (PDAC), one of the world’s largest mining conferences.
dynaCERT is gaining a foothold in the European market with the establishment of a wholly-owned company, dynaCERT GMBH, in Germany. TUV NORD and TUV SUD testing and certification were completed in 2018 and the company recently received its KBA Homologation certification. dynaCERT has secured a dealer in Scotland to distribute the HydraGENTM product line across the UK, and has launched a pilot project in Austria to demonstrate emissions reductions from government diesel-powered vehicles.
In Germany, dynaCERT has partnered with Mosolf SE & CO. AG under an MOU that includes a HydraGENTM technology dealer agreement and a purchase order for 1,000 units in 2020. MOSOLF and its subsidiaries will serve as HydraGENTM dealers with the rights to sell and install the technology throughout the European Union. MOSOLF intends to market the technology to the federal and local government entities in Germany. Due to strong demand, dynaCERT shipped the first of one hundred HydraGENTM units to MOSOLF in November 2019, ahead of the 2020 schedule.
In India, the company already has received iCat certification, earned firm orders, signed LOIs with two provinces and through its dealers is continuing in talks with governments of India about the ways dynaCERT’s technology can help address the nation’s major air pollution problems. In the Middle East, the company has established relationships with distributors in the key markets of Dubai and Israel.
dynaCERT has also established a presence in Mexico, through its partner KarbonKleen Inc. To date, KarbonKleen has ordered 400 HydraGENTM units for its clients who supply trucking equipment to the largest labor union in Mexico.
Company Highlights
- Patented HydraGENTM technology system supplies engines with pure hydrogen and oxygen gases to generate a cleaner, more efficient burn.
- Third-party validation and testing results show greenhouse gas emissions reduction up to 50 percent and fuel savings up to 19.2 percent.
- Award-winning technology, including 2019 German Innovation Awards for Energy Solutions; first prize at the 2019 Mining Cleantech Challenge in Colorado, Top Gold Award in 2018 Edison Awards for Vehicle Advancements and 2019 Gold Certificate Award from the European Society for Quality Research.
- Advancing into European, South Asian and Middle Eastern markets.
- dynaCERT has received approval to market, sell, install and use its HydraGENTM technology in Germany and throughout the European Union.
- Global-scale carbon credit market strategy.
- Establishing market presence in the mining industry with first significant agreement with an original equipment manufacturer.
- HydraGENTM Technology recently earned approval for underground mining applications in Canada.
- R&D facility for large stationary power generator, marine and rail markets.
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Carbon Emission Reduction and Fuel-saving Technology
22 September 2020
dynaCERT Launches into the FreightTech Industry
14 May 2020
dynaCERT Receives Conditional Approval to Graduate to the Toronto Stock Exchange
dynaCERT Inc. (TSXV:DYA) (OTCQB:DYFSF) (FRA:DMJ) (“dynaCERT” or the “Company”) is pleased to announce that it has received conditional approval from the Toronto Stock Exchange (“TSX”) to graduate its listing from the TSX Venture Exchange (“TSXV”) to the TSX.
The Company is also pleased to report that it has closed its transactions with KarbonKleen Inc. (“KarbonKleen”) and dynaCERT International Strategic Holdings Inc. (“DISH”), as previously announced on May 11, 2020 (See Press Release dated May 11, 2020).
Jean-Pierre Colin, Executive Vice President of dynaCERT, stated, “Graduating to the TSX represents a significant milestone in our efforts to broaden our appeal to a larger shareholder base, including institutional investors, and raise the Company’s profile among the investment community. We expect this graduation to further enhance the liquidity of our stock and enable us to continue building long-term shareholder value.”
Jim Payne, dynaCERT’s President & CEO, stated, “With the approval of the KarbonKleen Transaction we can now embark on the Subscription Programme. We believe, with the success of the program, it will open the opportunity for DISH to raise debt or equity financings in a non-dilutive fashion to dynaCERT, to assist our entire global channel of dealers and to more easily roll out our HydraGEN™ Technology to end-users world-wide through a Subscription monthly payment basis.”
Final approval of the TSX listing is subject to the Company fulfilling all remaining conditions as required by the TSX, including the completion of a traditional underwritten prospectus offering with a minimum of 50 subscribers, raising a minimum gross proceeds of not less than $5 million and compliance with public distribution and all other standard listing requirements of the TSX on or before August 12, 2020. The Company expects to be able to satisfy all of such requirements prior to such time and will issue a statement once timing for completion of the final listing requirements can be estimated and a final trading date has been confirmed by the TSX.
About dynaCERT Inc.
dynaCERT Inc. manufactures and distributes Carbon Emission Reduction Technology for use with internal combustion engines. As part of the growing global hydrogen economy, our patented technology creates hydrogen and oxygen on-demand through a unique electrolysis system and supplies these gases through the air intake to enhance combustion, resulting in lower carbon emissions and greater fuel efficiency. Our technology is designed for use with many types and sizes of diesel engines used in on-road vehicles, reefer trailers, off-road construction, power generation, mining and forestry equipment, marine vessels and railroad locomotives. Website: www.dynaCERT.com.
READER ADVISORY
Except for statements of historical fact, this news release contains certain “forward-looking information” within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur. In particular, forward-looking information in this press release includes, but is not limited to completion of a $5 million financing, satisfaction of TSX listing conditions, listing on the TSX, expanding the Company’s Subscription programme and having DISH engage in future financing activities. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance of achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.
Forward-looking information is based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: uncertainty as to whether our strategies and business plans will yield the expected benefits; availability and cost of capital; the ability to identify and develop and achieve commercial success for new products and technologies; the level of expenditures necessary to maintain and improve the quality of products and services; changes in technology and changes in laws and regulations; the uncertainty of the emerging hydrogen economy; including the hydrogen economy moving at a pace not anticipated; our ability to secure and maintain strategic relationships and distribution agreements; and the other risk factors disclosed under our profile on SEDAR at www.sedar.com. Readers are cautioned that this list of risk factors should not be construed as exhaustive.
The forward-looking information contained in this news release is expressly qualified by this cautionary statement. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the release.
On Behalf of the Board
Murray James Payne, CEO
For more information, please contact:
Jim Payne, CEO & President
dynaCERT Inc.
#101 – 501 Alliance Avenue
Toronto, Ontario M6N 2J1
+1 (416) 766-9691 x 2
jpayne@dynaCERT.com
Investor Relations
dynaCERT Inc.
Nancy Massicotte
+1 (416) 766-9691 x 1
nmassicotte@dynaCERT.com
Click here to connect with dynaCERT Inc. (TSXV:DYA; OTC:DYFSF) for an Investor Presentation.
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11 May 2020
dynaCERT Invests in the USA and Receives a Purchase Order for 3,000 HydraGEN™ Units
dynaCERT Inc. (TSXV:DYA) (OTCQB:DYFSF) (FRA:DMJ) (“dynaCERT” or the “Company”) is pleased to report that it has granted to KarbonKleen Inc. (“KK”), dynaCERT’s Preferred Service Provider, the exclusive Dealership rights in the trucking industry in the United States of America until December 31, 2024. The exclusivity granted to KK is subject to certain quotas of a minimum of 150,000 HydraGEN™ Technology Units over a little more than three years. On May 9, 2020, KK has provided the Company with a purchase order for 3,000 HydraGEN™ Technology Units as described below.
Concurrent with this transaction, KK has entered into a strategic partnership with Velociti Inc. (“Velociti”), whereby Velociti will provide installation services for KK throughout the USA and elsewhere where Velociti operates and also to provide HydraGEN™ Technology Units to Velociti’s existing clients.
The pre-existing rights and Dealer relationships that dynaCERT has in the USA continue unrestricted and dynaCERT can continue discussions to add some qualified Dealers in the USA until the latter of November 1, 2020 or the end of USA restrictions due to COVID-19. Such dealers will continue to operate unfettered by the transactions described herein and KarbonKleen’s exclusivity. Pricing of dynaCERT’s HydraGEN™ Technology in the USA is subject to dynaCERT’s proprietary USA pricing list published exclusively for its Dealers from time to time and remains applicable to KK.
dynaCERT is also pleased to report that it has established a 100%-owned subsidiary called dynaCERT International Strategic Holdings Inc. (“DISH”) to be used to support sales efforts worldwide with investments in strategically unique and exceptional CleanTech innovators directly related to dynaCERT’s business, including a subscription programme of dynaCERT’s HydraGEN™ Technology to enhance end-user adoption.
In a series of related transactions with KK, DISH has agreed to provide KK with HydraGEN™ Technology Units until December 31, 2021 in return for subscription revenue whereby KK continues to offer on a back-to-back basis a subscription programme to outfit large Canadian and USA trucking fleets with HydraGEN™ Technology. DISH will be delivering dynaCERT’s new 3,000 Unit purchase order from KK under the terms of this arrangement.
As its first investment, DISH has agreed to invest a total of US $1,092,000 in KK in a transaction whereby the Company will own, indirectly through DISH, twenty percent (20%) of KK and a Promissory Note from KK due December 31, 2021, bearing interest of 10% per annum. The purpose of this investment by DISH is to accelerate its market penetration and sales in the USA market which both dynaCERT and KK have determined is a growing priority in North America.
DISH shall have representation on the board of directors of KK for as long as DISH retains its shares of KK and DISH retains pre-emptive rights on any future financings of KK. The shareholders of KK will also enter into a shareholders agreement which provides for the manner in which shares of the Company may be voted. The Company believes that the aggregate number of shares held, or controlled or directed, by such parties represents less than 10% of the issued and outstanding shares of the Company.
Brian Semkiw, KarbonKleen’s Chairman & CEO, stated, “In the past few months, some of the largest fleets in North America have been piloting HydraGEN™ Technology. These fleets have been experiencing the benefits of the reduced emissions, increased performance and fuel savings across all users and we expect a vibrant expansion of the pilot programmes to full fleet deployment with the subsiding of the Coronavirus pandemic. This investment by DISH and our partnership with Velociti will enable us to meet the anticipated demand with the delivery and maintenance professionalism that large fleets demand.”
Jean-Pierre Colin, Executive Vice President of dynaCERT, stated, “Establishing a long term, “razor-blade” stream of recurring monthly cash flows from large fleets using dynaCERT’s HydraGEN™ Technology provides better certainty of share value. The Strategy of setting up dynaCERT International Strategic Holdings Inc. or DISH as a finance arm of dynaCERT is beneficial to potential logistics companies and truck owners who can now finance, on a monthly basis, the roll-out of their HydraGEN™ Units on their entire fleets. DISH will be able to greatly reduce the up-front capital costs to end users of our products. As a subsidiary to dynaCERT, as dynaCERT experiences future growth, DISH intends to finance sales growth in such a way that is non-dilutive to dynaCERT.”
Jim Payne, dynaCERT’s President & CEO, stated, “KarbonKleen has proved their capability of connecting and selling to the largest fleets in North America. At our recent international sales meetings in February 2020, dynaCERT invited Velociti to present their unique skills and penetrating reach in the trucking industry in the USA and we were very proud to introduce them to partner with KarbonKleen. Our three-party collaboration results in an unprecedented strategic growth business engine with favourable potential in our own backyard. I feel confident that dynaCERT has found the right solution to deliver both financing and service to our dealer’s clients with such a professional team of high calibre people. In addition to our on-going work to verify future Carbon Credits, residual monthly cash flows from subscriptions benefits our shareholders.”
The transactions described herein are subject to regulatory approval, including the approval of the TSX Venture Exchange. Closing is expected to be completed upon receipt of such approval.
About Velociti Inc.
Based in Kansas City, MO, Velociti Inc. is a global provider of technology deployment services, offering specialized installation and services of a broad range of transportation and networking technology products in 46 countries and all 50 states. Velociti’s experience allows enterprise level technology consumers to maximize ROI as a result of leveraging expert, rapid deployment. Velociti clients include many Fortune 500 companies from a wide variety of market segments including transportation, retail, distribution, manufacturing, healthcare, government, education, food service and public venues. For more information visit www.velociti.com
About KarbonKleen Inc.
KarbonKleen provides an end-to-end FreighTech solution to improve diesel efficiency and reduce carbon emissions. Through strong partnerships and innovative technology development, coupled with proprietary service, support, and training methodologies, KarbonKleen helps its clients achieve their primary business goals through the application of technology. KarbonKleen is a Preferred Systems Provider for dynaCERT and is dedicated to the proliferation of dynaCERT technology for the benefit of its customers and the planet. Website: www.karbonkleen.com
About dynaCERT Inc.
dynaCERT Inc. manufactures and distributes Carbon Emission Reduction Technology for use with internal combustion engines. As part of the growing global hydrogen economy, our patented technology creates hydrogen and oxygen on-demand through a unique electrolysis system and supplies these gases through the air intake to enhance combustion, resulting in lower carbon emissions and greater fuel efficiency. Our technology is designed for use with many types and sizes of diesel engines used in on-road vehicles, reefer trailers, off-road construction, power generation, mining and forestry equipment, marine vessels and railroad locomotives. Website: www.dynaCERT.com.
READER ADVISORY
Except for statements of historical fact, this news release contains certain “forward-looking information” within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur. In particular, forward-looking information in this press release includes, but is not limited to potential investment by DISH in cleantech innovators, potential revenue from KK subscription programme, accelerating market penetration in the USA, KK intentions to roll-out 3,000 HydraGEN™ Technology Units, exclusivity granted on the basis of future quotas and potential expansion of pilots fleets to full fleet deployment. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance of achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.
Forward-looking information is based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: uncertainty as to whether our strategies and business plans will yield the expected benefits; availability and cost of capital; the ability to identify and develop and achieve commercial success for new products and technologies; the level of expenditures necessary to maintain and improve the quality of products and services; changes in technology and changes in laws and regulations; the uncertainty of the emerging hydrogen economy; including the hydrogen economy moving at a pace not anticipated; our ability to secure and maintain strategic relationships and distribution agreements; and the other risk factors disclosed under our profile on SEDAR at www.sedar.com. Readers are cautioned that this list of risk factors should not be construed as exhaustive.
The forward-looking information contained in this news release is expressly qualified by this cautionary statement. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the release.
On Behalf of the Board
Murray James Payne, CEO
For more information, please contact:
Jim Payne, CEO & President
dynaCERT Inc.
#101 – 501 Alliance Avenue
Toronto, Ontario M6N 2J1
+1 (416) 766-9691 x 2
jpayne@dynaCERT.com
Investor Relations
dynaCERT Inc.
Nancy Massicotte
+1 (416) 766-9691 x 1
nancy@irprocommunications.com
Click here to connect with dynaCERT Inc. (TSXV:DYA; OTC:DYFSF) for an Investor Presentation.
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14 January 2020
dynaCERT Inc. Invites You to Join Us at the Vancouver Resource Investment Conference
dynaCERT Inc. (TSXV:DYA) would like to cordially invite you to visit us at Booth #610 at the Vancouver Resource Investment Conference (VRIC) to be held at the Vancouver Convention Centre West (1055 Canada Place, Vancouver) on Sunday January 19 – Monday January 20, 2020.
The Vancouver Resource Investment Conference has been the bellwether of the junior mining market for the last twenty-five years. It is the number one source of information for investment trends and ideas, covering all aspects of the natural resource industry.
Each year, the VRIC hosts over 60 keynote speakers, 350 exhibiting companies and 9000 investors.
Investment thought leaders and wealth influencers provide our audiences with valuable insights. C-suite company executives covering every corner of the mineral exploration sector as well as metals, oil & gas, renewable energy, media and financial services companies are available to speak one on one. This is a must-attend for investors and stakeholders in the global mining industry.
For more information and/or to register for the conference please visit: https://cambridgehouse.com/vancouver-resource-investment-conference.
We look forward to seeing you there.
For further information:
dynaCERT Inc.
Nancy Massicotte
604-507-3377
nancy@irprocommunications.com
www.dynacert.com
Click here to connect with dynaCERT Inc. (TSXV:DYA; OTC:DYFSF) for an Investor Presentation.
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08 September
Homerun Resources Inc. Provides Marketing Update Extends Closing of $3M Financing
Homerun Resources Inc. ("Homerun" or the "Company") (TSXV: HMR) (OTCQB: HMRFF) is pleased to announce that to further support investor understanding and broaden market awareness, Homerun has engaged Dig Media Inc (INN) and Rockstone Research. These partnerships will help deliver Bmely updates, accessible investor educaBon, and expert insights that clarify Homerun's value proposiBon and growth potenBal. At a Bme when the company's story may appear complex to average investors, these plaGorms will play a key role in translaBng Homerun's progress into clear, engaging content that supports the next phase of growth.
The Company announces that it entered into an agreement with Rockstone Research to provide markeBng services to the Company. Rockstone Research is a Switzerland-based capital markets research firm specializing in the resource, technology, and energy transiBon sectors. With a strong focus on idenBfying growth opportuniBes in emerging markets and strategic commodiBes, Rockstone publishes in-depth reports that are distributed through internaBonal financial media plaGorms and made available directly at www.rockstone-research.com. All reports are released in both English and German and circulated worldwide via free email newslePer to insBtuBonal and retail investors. Rockstone was founded in 2011 by Stephan Bogner, who studied economics in Dortmund, Germany, graduaBng in 2004 as Diplom- Kaufmann. He has been acBve in the precious metals and junior mining industry since 2002, bringing more than two decades of experience and industry knowledge to Rockstone's research and analysis.
Rockstone Research is an arm's-length markeBng firm and has been engaged for an iniBal three- month term for total consideraBon of $25,000 CAD which is payable upfront. The Company does not propose to issue any securiBes to Rockstone in consideraBon for the services to be provided to the Company.
The Company also announces that it has entered into an adverBsing and investor awareness campaign with Dig Media Inc. dba InvesBng News Network (INN). INN is a private company headquartered in Vancouver, Canada, dedicated to providing independent news and educaBon to investors since 2007 at www.invesBngnews.com. For the 12 month term of the agreement, INN will provide adverBsing to increase awareness of the issuer. The cost of the campaign is $55,000 CAD payable in upfront. INN currently holds no securiBes in Homerun Resources Inc.
The Company also announces that, further to its July 24, 2025 news release, the Company has received approval to extend the closing of its $3 million, $1.00 unit private placement financing to September 22, 2025. About Homerun (www.homerunresources.com)
Homerun (TSXV: HMR) is a verBcally integrated materials leader revoluBonizing green energy soluBons through advanced silica technologies. As an emerging force outside of China for high- purity quartz (HPQ) silica innovaBon, the Company controls the full industrial verBcal from raw material extracBon to cueng-edge solar, baPery and energy storage soluBons. Our dual- engine verBcal integraBon strategy combines:
Homerun Advanced Materials
- UBlizing Homerun's robust supply of high purity silica sand and quartz silica materials to facilitate domesBc and internaBonal sales of processed silica through the development of a 120,000 tpy processing plant.
- Pioneering zero-waste thermoelectric purificaBon and advanced materials processing technologies with University of California Davis.
Homerun Energy SoluBons
- Building LaBn America's first dedicated high-efficiency, 365,000 tpy solar glass manufacturing facility and pioneering new solar technologies based on years of experience as an industry leader in developing photovoltaic technologies with a specializaBon in perovskite photovoltaics. European leader in the markeBng, distribuBon and sales of alternaBve energy soluBons into the commercial and industrial segments (B2B).
- Commercializing ArBficial Intelligence (AI) Energy Management and Control System SoluBons (hardware and solware) for energy capture, energy storage and efficient energy use.
- Partnering with U.S. Dept. of Energy/NREL on the development of the Enduring long- duraBon energy storage system uBlizing the Company's high-purity silica sand for industrial heat and electricity arbitrage and complementary silica purificaBon.
With six profit centers built within the verBcal strategy and all gaining economic advantage uBlizing the Company's HPQ silica, across, solar, baPery and energy storage soluBons, Homerun is posiBoned to capitalize on high-growth global energy transiBon markets. The 3- phase development plan has achieved all key milestones in a Bmely manner, including government partnerships, scalable logisBcal market access, and breakthrough IP in advanced materials processing and energy soluBons.
Homerun maintains an uncompromising commitment to ESG principles, deploying the cleanest and most sustainable producBon technologies across all operaBons while benefiBng the people in the communiBes where the Company operates. As we advance revenue generaBon and verBcal integraBon in 2025, the Company conBnues to deliver shareholder value through strategic execuBon within the unstoppable global energy transiBon.
On behalf of the Board of Directors of Homerun Resources Inc.
"Brian Leeners"
Brian Leeners, CEO & Director brianleeners@gmail.com / +1 604-862-4184 (WhatsApp)
Tyler Muir, Investor Relaeons info@homerunresources.com / +1 306-690-8886 (WhatsApp)
FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE The informa,on contained herein contains "forward-looking statements" within the meaning of applicable securi,es legisla,on. Forward-looking statements relate to informa,on that is based on assump,ons of management, forecasts of future results, and es,mates of amounts not yet determinable. Any statements that express predic,ons, expecta,ons, beliefs, plans, projec,ons, objec,ves, assump,ons or future events or performance are not statements of historical fact and may be "forward-looking statements".
Neither the TSX Venture Exchange nor its Regulaeon Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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04 September
CoTec Holdings Corp. Notes HyProMag USA Press Release Regarding Capacity Expansion Concept Study
CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) ("CoTec" or the "Company") is pleased to note today's press release by HyProMag USA, LLC ("HyProMag USA"), its U.S.-based joint venture rare earth permanent magnet recycling and manufacturing company.
HyProMag USA announced the commissioning of a Concept Study to evaluate the expansion of its operations into Nevada and South Carolina in collaboration with Intelligent Lifecycle Solutions, LLC ("ILS")[i]. The Concept Study will be completed by PegasusTSI Inc. and BBA USA Inc. and will define design and capital requirements for additional Hydrogen Processing of Magnet Scrap ("HPMS")[ii] capacity and up to four new magnet production lines. The expansions are planned to complement the phased build-out of the first Texas Hub to optimize HyProMag USA's hub-and-spoke configuration in the United States.[iii]
Julian Treger, CEO of CoTec, commented: "We are very excited to begin formally expanding and optimizing the footprint of HyProMag USA to Nevada and South Carolina collaborating with our partner, ILS. HyProMag USA's NPV for the Texas hub is circa $600 million based on recent expansion plans, and the economics of expanding the hubs are linear which provides a potential 3x increase in company value with additional hubs.
Furthermore, given the recent strong increase in the price of rare earths and their associated magnets, the valuation of the Company continues to strengthen as detailed engineering, supply of feedstock and offtake discussions continue at pace. With the recent significant steps by the U.S. Government to support domestic supply and reshoring of rare earth magnet production, HyProMag USA is well positioned to support U.S. demand growth with commercial operations targeted in H1 2027. HyProMag USA continues to develop strategic partnership discussions with all stakeholders to accelerate financing, commissioning and product verification timelines."
For further information, please refer to HyProMag USA's press release, available at: www.hypromagusa.com
About HyProMag USA
HyProMag USA LLC is owned 50:50 by CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) ("CoTec") and HyProMag Limited. HyProMag Limited is 100 per cent owned by Maginito Limited which is owned on a 79.4/20.6 per cent basis by Mkango Resources Ltd. (AIM/TSX-V:MKA) and CoTec.
About CoTec
CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) is redefining the future of resource extraction and recycling. Focused on rare earth magnets and strategic materials, CoTec integrates breakthrough technologies with strategic assets to unlock secure, sustainable, and low-cost supply chains for the United States and its allies.
CoTec's mission is clear: accelerate the energy transition while strengthening U.S. economic and national security. By investing in and deploying disruptive technologies, the Company delivers capital-efficient, scalable solutions that transform marginal assets, tailings, waste streams, and recycled products into high-value critical minerals.
From its HyProMag USA magnet recycling joint venture in Texas, to iron tailings reprocessing in Québec, to next-generation copper and iron solutions backed by global majors, CoTec is building a diversified portfolio with long-term growth, rapid cash flow potential, and high barriers to entry. The result is a game-changing platform at the intersection of technology, sustainability, and strategic materials.
For more information, please visit www.cotec.ca
For further information, please contact:
Braam Jonker - (604) 992-5600
Forward-Looking Information Cautionary Statement
Statements in this press release regarding the Company and its investments which are not historical facts are "forward-looking statements" which involve risks and uncertainties, including statements relating to the Company's interest in and the proposed expansion of HyProMag USA and management's expectations with respect to its current and potential future investments, including HyProMag USA, and the benefits to the Company which may be implied from such statements. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements, due to known and unknown risks and uncertainties affecting the Company, including but not limited to resource and reserve risks; environmental risks and costs; labor costs and shortages; uncertain supply and price fluctuations in materials; increases in energy costs; labor disputes and work stoppages; leasing costs and the availability of equipment; heavy equipment demand and availability; contractor and subcontractor performance issues; worksite safety issues; project delays and cost overruns; extreme weather conditions; and social and transport disruptions. For further details regarding risks and uncertainties facing the Company please refer to "Risk Factors" in the Company's filing statement dated April 6, 2022, a copy of which may be found under the Company's SEDAR+ profile at www.sedarplus.ca. The Company assumes no responsibility to update forward-looking statements in this press release except as required by law. Readers should not place undue reliance on the forward-looking statements and information contained in this news release and are encouraged to read the Company's continuous disclosure documents which are available on SEDAR+ at www.sedarplus.ca.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
[ii] Patented Hydrogen Processing of Magnet Scrap (HPMS) technology developed at University of Birmingham, which liberates NdFeB magnets from end-of-life scrap streams in a cost effective and energy efficient way
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04 September
Westport
Investor Insight
Westport’s cutting-edge technologies and proven leadership in alternative fuel delivery systems offer investors a compelling opportunity to capitalize on the global shift toward a low-carbon economy.
Overview
Westport (NASDAQ:WPRT,TSX:WPRT) specializes in delivering advanced fuel technologies, with a focus on heavy-duty vehicles, aimed at reducing carbon emissions without compromising engine performance. As a key player in the clean transportation space, Westport offers innovative solutions that enable internal combustion engines to operate on alternative low-carbon fuels, including natural gas, renewable natural gas (RNG), propane and hydrogen.
Westport is focused on the following transportation market opportunities:
- HPDI (via Cespira): The new home of Westport’s keystone innovation, the High-pressure Direct Injection (HPDI) system, targeting long-haul trucking and heavy-duty off-road applications. This technology allows trucks to operate on natural gas or hydrogen with diesel-like or better performance but lower CO₂ emissions. Launched in June of 2024, Cespira is Westport’s joint venture with Volvo Group and is already generating increasing levels of revenue.
- High-pressure Controls and Systems: Focuses on high-pressure fuel management solutions for hydrogen and other alternative fuel engines. Westport is embracing early-stage hydrogen infrastructure development and offers key components such as pressure regulators, injectors and fuel rails for both internal combustion engines and fuel cell applications. While hydrogen is key to the future decarbonization of transport, Westport’s components and solutions are already powering innovation today across a range of gaseous fuels.
Market Position and Competitive Advantage
Westport operates in a rapidly growing and changing clean transportation market driven by stringent emission regulations, increasing fuel costs and rising demand for sustainable mobility solutions. The company’s competitive edge lies in its proprietary HPDI technology, which uniquely delivers diesel-equivalent performance while significantly reducing carbon emissions. Westport’s joint venture with Volvo Group, under the Cespira name, enhances its ability to scale HPDI solutions globally.
Fleet operators and logistics companies are increasingly turning to alternative fuel vehicles to reduce operational costs and meet stringent environmental standards around the world. In response, Westport continues to invest in innovation, particularly in hydrogen and renewable natural gas solutions.
Company Highlights
- Pioneer in Alternative Fuels: Westport develops and commercializes advanced fuel delivery systems for natural gas, renewable natural gas (RNG), propane and hydrogen-powered internal combustion engines (ICEs).
- Heavy-duty Market Expertise: Leveraging proprietary technologies, Westport reduces carbon emissions across commercial and passenger vehicle segments.
- High-pressure Fuel Solutions: The high-pressure controls & systems segment delivers fuel management components for hydrogen and other pressurized alternative fuels.
- Flagship HPDI Technology: Through Cespira, a joint venture with Volvo Group, Westport’s HPDI enables heavy-duty trucks to run on natural gas or hydrogen, lowering CO₂ emissions while maintaining or exceeding diesel-equivalent performance.
- Strategic Growth Partnerships: Collaborations like Cespira with Volvo Group accelerate the global adoption of HPDI and support scalable growth.
- Strengthened Financial Position Following Light-duty Divestiture: Westport completed the sale of its light-duty segment in Q2 2025, generating $62.5 million in net proceeds – bolstering its balance sheet and enabling a sharper focus on its core growth businesses.
Key Technologies
HPDI Fuel System (transferred into the Cespira JV with Volvo Group)
The HPDI fuel system is engineered for heavy-duty trucks and industrial applications. By injecting high-pressure natural gas or hydrogen directly into the combustion chamber, HPDI delivers diesel-like torque and power with up to 98 percent lower CO₂ emissions when using hydrogen. This technology is critical for long-haul trucking and other high-load applications, where maintaining performance and range is essential. This technology was created by Westport and has been transferred into the Cespira JV.
The HPDI system features a revolutionary, patented injector with a dual concentric needle design that delivers small quantities of diesel fuel and large quantities of natural gas, at high pressure, to the combustion chamber.
High-pressure Controls and Components
Westport’s high-pressure gaseous controls segment plays a leading role in the clean energy transition, designing, developing and producing critical components for transportation and industrial applications. Partnering with major fuel cell manufacturers and companies committed to decarbonizing transport, Westport delivers versatile solutions that support a wide range of gaseous fuels. While hydrogen is central to the future of transport decarbonization, Westport’s technologies are already enabling innovation across multiple alternative fuel platforms today.
With decades of experience, market-leading brands, and deep engineering expertise, Westport has established itself as a trusted leader in high-pressure fuel systems. Though still a relatively small business, its strategic positioning and innovative capabilities place it on the cusp of significant growth, making it a preferred partner for those driving the future of clean energy.
Management
Westport is helmed by an accomplished executive team with extensive experience in automotive technology, alternative fuels and corporate strategy.
Dan Sceli - CEO
Dan Sceli was appointed as CEO in January of 2024. His distinguished 37-year career in the global manufacturing sector marks him as a visionary leader, whose strategic acumen and commitment to excellence have propelled companies to new heights.
Elizabeth Owens - CFO
Elizabeth Owens is a seasoned finance executive with over 20 years of leadership experience across multinational corporations in automotive, telecommunications, aviation, and chemical manufacturing. She has spent the past decade with Westport, most recently as vice-president of finance and tax. She brings extensive expertise in tax, finance, and accounting, as well as mergers, acquisitions, and divestitures. A CPA, CA who began her career with Deloitte, Owens holds a Bachelor of Commerce in Accounting from the University of British Columbia.
Ashley Nuell - VP of Investor Relations
Ashley Nuell joined Westport in May of 2022 and currently has approximately 20 years of experience in investor relations. Her career includes roles with companies at various parts of the energy sector value chain, as well as in the investor relations and stakeholder communications practice area of a global consulting firm.
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02 September
Silica Investing: How Processing Bottlenecks Create Breakthrough Opportunities
As one of its most abundant minerals, the world has no shortage of silica. The challenge — and more importantly, the value — lies in making it pure enough for the technologies that will define the global energy transition.
Innovations in cleaner and more efficient high-purity (HPQ) silica processing are emerging as one of the most powerful levers of value creation in the energy transition. While quartz is abundant in nature, producing HPQ silica has historically depended on energy-intensive, chemical-heavy methods — until recently.
Breakthroughs in cleaner, more efficient refining are reshaping how HPQ silica is produced, cutting costs, shrinking carbon footprints and creating a technology-driven industry from what was once viewed as a commodity.
HPQ market forecast and drivers
HPQ silica — quartz refined to purities above 99.9 percent — is the indispensable feedstock for solar panels, semiconductors and advanced glass. Every solar panel requires silicon wafers made from HPQ silica. It is also essential for creating semiconductor chips — the backbone of AI, electrification and cloud computing. Ultra-clear solar glass also depends on HPQ silica’s exceptional purity.
Market forecasts highlight this growing importance. A report from Mordor Intelligence estimates the HPQ market at US$703.21 million in 2025, with growth expectations reaching US$876.33 million by 2030, a CAGR of greater than 4.5 percent from 2025 to 2030. That growth is driven not just by renewables — where solar capacity additions are expected to exceed 500 gigawatts annually by 2030 — but also by the relentless expansion of semiconductors and digital infrastructure.
Yet for all this potential, the real challenge isn’t finding quartz — it’s processing it into HPQ silica at scale.
Traditional production and limitations
The processing of HPQ silica has traditionally been costly and environmentally challenging.
Conventional production involves high-temperature thermal refining and acid leaching, which are both energy-intensive and reliant on harsh chemical reagents. These processes create waste streams that are increasingly difficult to justify in a world governed by ESG mandates.
On top of that, logistics remain a drag. In many cases, silica sand must be transported long distances to processing plants, then shipped internationally to reach end markets. This adds to both cost structures and carbon intensity.
For HPQ silica to meet the needs of solar, semiconductors and next-generation batteries, the industry must move beyond these outdated approaches.
Innovations in processing and logistics
That shift is already underway. At UC Davis, researchers recently demonstrated that quartz from Brazil could be purified to +99.99 percent HPQ silica using femtosecond laser technology.
This approach eliminates chemical reagents altogether and has the potential to deliver zero-waste, zero-emissions refining. Commercial-scale designs are now being developed based on this breakthrough.
At the same time, innovators are rethinking logistics. Locating processing facilities next to deposits reduces the need for costly and carbon-intensive transport. Access to deepwater ports further enhances competitiveness. Homerun Resources (TSXV:HMR,OTCQB:HMRFF,FWB:5ZE), which is advancing a vertically integrated HPQ production and processing business in Brazil, has pursued multiple partnerships and lease agreements to establish the logistical advantage for its integrated supply chain strategy to move HPQ silica efficiently to global markets.
Together, these advances are redefining HPQ silica beyond simply a materials story but a processing and technology opportunity, where the real investment upside lies.
Case study: Homerun Resources
Homerun Resources is a compelling example of how companies are aligning their value proposition with an integrated, mine-to-market strategy, driven by an innovative, low-carbon HPQ processing technology and clear, strategy road map.
At its flagship Belmonte project in Bahia, Brazil, Homerun controls one of the world’s highest-quality HPQ silica deposits, with measured resources of over 25 million tonnes grading above 99.6 percent SiO₂. What sets Homerun apart is not only its geology, but its strategy to redefine how HPQ silica is processed and commercialized.
The company has partnered with UC Davis to validate laser-based refining methods that produced HPQ silica of +99.99 percent purity without chemical reagents. It is also advancing a 120,000 tonne per year processing facility in Belmonte, strategically located beside the resource and with direct access to port infrastructure.
From there, Homerun plans to expand vertically: into solar glass manufacturing, perovskite photovoltaic integration and even thermal energy storage. In partnership with the US Department of Energy’s National Renewable Energy Lab, Homerun is developing a first-of-its-kind thermal energy storage system using its high-purity quartz silica. This system is designed for industrial heat storage, electricity arbitrage and simultaneous silica purification.
With these defined strategies and roadmap to profitability, Homerun evolves from a raw materials supplier into a vertically integrated advanced materials company, anchored in HPQ silica processing innovation.
For investors, this positioning is significant: Homerun is building its strategy around solving the industry’s core bottleneck, giving it potential relevance not only as a resource holder but as a technology-driven disruptor in the HPQ space.
Investor takeaway
The strategic story of HPQ silica is not about its abundance in the Earth’s crust but about the scarcity of efficient, ESG-aligned processing technologies. That scarcity is what creates the opportunity.
Companies that can transform raw quartz into ultra-pure HPQ silica using cleaner, more efficient technologies will control a bottleneck at the heart of solar, semiconductors and next-generation energy storage. Homerun Resources, with its high-grade deposit, cutting-edge research, strategic partnerships and vertical integration strategy, is positioning itself to be a key player in this evolving market dynamic.
This INNSpired article is sponsored by Homerun Resources (TSXV:HMR,OTCQB:HMRFF,FWB:5ZE). This INNSpired article provides information which was sourced by the Investing News Network (INN) and approved by Homerun Resources in order to help investors learn more about the company. Homerun Resources is a client of INN. The company’s campaign fees pay for INN to create and update this INNSpired article.
This INNSpired article was written according to INN editorial standards to educate investors.
INN does not provide investment advice and the information on this profile should not be considered a recommendation to buy or sell any security. INN does not endorse or recommend the business, products, services or securities of any company profiled.
The information contained here is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities. Readers should conduct their own research for all information publicly available concerning the company. Prior to making any investment decision, it is recommended that readers consult directly with Homerun Resources and seek advice from a qualified investment advisor.
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27 August
Innovation Mining
Investor Insight
With tightening cyanide regulations and rising demand for sustainable mining, Innovation Mining offers a compelling investment opportunity, poised to disrupt the market and lead in cleantech gold extraction.
Overview
Innovation Mining is a clean-tech company with an innovative technology that promises to transform the gold mining industry. The company has developed RZOLV, a breakthrough water-based hydrometallurgical formula that effectively recovers gold from ores, concentrates and tailings without the environmental and regulatory burdens associated with cyanide.
While cyanide has been the industry standard for over a century, its toxic nature has led to bans in several countries and costly permitting challenges for mining companies. RZOLV offers similar cost and performance metrics as cyanide, but with a non-toxic and sustainable profile. The company is currently focused on validating its technology through a series of 100-tonne industrial tests, after which full commercialization efforts will begin.
Company Highlights
- Clean-Tech Innovation: Innovation Mining has developed RZOLV, a proprietary, non-toxic, water-based formula that provides a sustainable, cost-effective and safe alternative to the $2.5B of sodium cyanide consumed annually for 90% of global gold extraction.
- Cost-Competitive & Scalable: RZOLV offers a competitive reagent cost and a relatively seamless transition from cyanide without complex infrastructure changes, making adoption cost-competitive and operationally efficient.
- Proven Performance: Tested at both small and large scale, including several 100-kilogram to 250-kilogram pilots, RZOLV has delivered high gold recovery rates, rapid leach kinetics, and performance comparable to cyanide while eliminating toxic waste risks.
- A 100-tonne leach test is underway, and results are expected in the coming months to validate scalability further and reinforce its economic advantages.
- Versatile Applications: RZOLV is effective across a range of ores, concentrates and tailings potentially unlocking previously untapped gold resources.
- Regulatory & ESG Benefits: By eliminating cyanide, RZOLV unlocks previously stranded resources, simplifies regulatory approvals, reduces compliance risks, improves social license to operate, and enhances ESG standing—appealing to investors and stakeholders focused on responsible mining.
- TSXV Debut: Innovation Mining is preparing to list on the TSX Venture Exchange, offering investors exposure to a clean-tech gold disruptor.
Technology Value Propositions
Innovation Mining is a clean-tech company dedicated to the research, development and commercialization of RZOLV, a revolutionary, water-based hydrometallurgical formula for gold recovery.
As a safe, non-toxic and cost-competitive alternative to cyanide, RZOLV addresses a long-standing industry challenge, enabling mining operations to transition toward sustainable and high-performance gold extraction without compromising profitability.
RZOLV has shown high gold recoveries, rapid leach kinetics, and cyanide-comparable performance in extensive lab tests. Its water-based formula enables scalable deployment without major infrastructure changes, and recent modifications have made it cost-competitive with cyanide. Further savings come from reduced insurance, elimination of cyanide circuits, and lower monitoring and remediation costs. Applicable to both vat and heap leaching, RZOLV greatly improves the economics of eco-friendly gold extraction
In the near term, Innovation Mining plans to conduct a 100-tonne leach test to validate its industrial-scale applicability. With increasing regulatory restrictions on cyanide and a growing demand for sustainable mining practices, Innovation Mining is positioned to disrupt the market and establish the company as a leader in clean-tech gold extraction.
Competitive Advantages
Innovation Mining's RZOLV formula presents several distinct advantages over traditional cyanide-based gold extraction methods:
- Non-toxic and Eco-friendly: Water-based chemistry with no hazardous byproducts, significantly reducing environmental impact and permitting challenges.
- Effective & High-Performance: Delivers high-performance gold recovery rates and fast leach kinetics, making it a reliable alternative to cyanide.
- Stability: RZOLV is a chemically stable solution, ensuring consistent performance and reliability over time.
- Seamless Integration: Requires no major infrastructure overhauls, enabling easy adoption for miners
- Scalability: Proven in lab tests and undergoing industrial-scale validation to demonstrate commercial viability.
- Cost-effective: Comparable costs to cyanide while lowering permitting, remediation, and operational expenses.
- Regulatory Benefits: Allows for easier permitting due to non-toxic nature, reducing compliance risks.
- Versatile Gold Recovery: Effectively extracts gold from low-grade ore, concentrates, and tailings, unlocking additional value.
- Commercialization: Industry interest and strategic partnerships under development to accelerate commercialization.
- Strong Executive Leadership: Backed by a highly experienced team with a track record of success in mining, metallurgy, and business development.
Management Team
Chester F. Millar – Executive Chairman, Director
An inductee of the Canadian and Mexican Mining Hall of Fame, Chester Millar has a distinguished career in building junior mining companies. He discovered and founded the Afton Mine served as Founder and Chairman of Glamis Gold and was sold to Goldcorp for $8.6B. He is the true pioneer of heap & vat leaching which now accounts for 50% of all global gold production.
Duane A. Nelson – Director, CEO
Founder of Innovation Mining, Duane Nelson brings extensive experience in clean-tech innovation and mining operations. He was a co-founder and past director of EnviroMetal Technologies, SilverMex Resources, Quotemedia.com and has a proven track record in leading successful ventures in the mining sector.
Joseph Ovsenek – Director
Joseph Ovsenek was president and CEO of Pretium Resources, where he led the advancement of the high-grade gold Brucejack Mine which has been operating profitably since commercial start-up in 2017. Ovsenek began his nine-year tenure at Pretium in 2011 as chief development officer and led the over $2 billion financing. Prior to Pretium he served for 15 years in senior management roles for Silver Standard Resources Inc., lastly as Senior Vice President, Corporate Development responsible for the sale of the Brucejack and Snowfield assets to the newly created Pretium Resources Inc.
Grant Bond – Chief Financial Officer
Grant Bond is a chartered professional accountant with more than 12 years of financial management experience in the mining industry. His expertise includes financial reporting, risk management and SOX compliance.
Hanif Jafari – CTO
Hanif Jafari holds a Master of Engineering in Mining and Mineral Processing from the University of British Columbia. He is proficient in construction, value chain analysis, and strategic growth planning across diverse domestic and international markets. Jafari has over eight years in hydrometallurgical research.
Bruce Bried – Director
Bruce Bried is a mining engineer with over 28 years’ experience in the engineering, development, operation, reclamation and management of producing mines, including Dickenson Mines (now Goldcorp) and the KamKotia Arthur White Mine in Red Lake.
Darryl J. Yea – Director
Darryl Yea has over 35 years of diverse experience in operations, investment banking, corporate finance and venture capital with public and private companies in several industries. He was president and chief executive officer of C.M. Oliver (TSX:OLV), a national financial services organization.
Michael Cowin – Director
Michael Cowin has 20 years of investment banking and investment experience. Since 2007, he has been a director of Northcape Capital, a boutique investment fund based in Australia which manages over A$8 billion.
William R. Sheriff – Advisory Board
William Sheriff is an entrepreneur and visionary with over 40 years’ experience in the minerals industry and the securities industry and has been responsible for significant capital raises along with corporate development. He is currently the executive chairman of enCore Energy, USA’s largest uranium producer.
Keith Peck – Advisory Board
Keith Peck is a consultant with Holnik Capital. He was previously chairman and chief executive officer of Lincoln Peck Financial. Peck has over 35 years of investment banking experience, including as vice-president and director of RBC Dominion Securities and Haywood Securities, and vice-chairman of Yorkton Securities.
Janet L. Sheriff – Advisory Board
Janet Sheriff brings 25 years of senior management experience in the mining industry. She previously served as chief executive officer of Golden Predator Mining and president of enCore Energy.
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27 August
Troy Minerals Welcomes Mr. Taylor Sulik to the Company's Advisory Board
Troy Minerals Inc. ("Troy" or the "Company") (CSE:TROY)(OTCQB:TROYF)(FSE:VJ3) is pleased to welcome Mr. Taylor Sulik and announce his addition to the Company's Advisory Board, which is tasked with successfully guiding the Company in further developing its exploration critical minerals projects and ultimately its transition from a purely exploration focused company into a producer.
Mr. Sulik is a seasoned U.S. intelligence and security professional, with more than seven years of experience with the United States Coast Guard across a variety of security and intelligence roles. In addition, he is president of Mithril Mining Corp., a mining company focused on identifying, prospecting, exploring and developing U.S.-based critical-mineral deposits to further promote the reshoring of American critical-mineral mining. Through Mithril Mining Corp., Mr. Sulik is a member of the Critical Minerals Forum, the New American Industrial Alliance, the Defense Industrial Base Consortium and 47G, a Utah based industrial alliance focused on making Utah the nation's premier ecosystem for aerospace, defense, and critical material companies. Additionally, he has served as a Strategic Advisor to American Tungsten, a Canadian-based company working to develop the IMA Mine, a past producing Tungsten mine located in East Central, Idaho, United States as well as Rockland Resources, a Canadian-based company working on developing multiple Beryllium projects across Utah. Beyond his Coast Guard and mining experience, Mr. Sulik has also served in a variety of strategy, operational and intelligence roles for, Hewlett Packard Enterprise, Allied Universal and Constellis. He is also currently pursuing his master's degree at the Naval War College in Newport, R.I., focusing his research and studies on national defense and strategic studies.
"We are very happy to welcome Mr. Taylor Sulik to our Troy team. The company is blessed to hold strategically-located critical mineral projects in both Canada and USA, jurisdictions which exhibits high and growing demand for commodities such as silica (silicon), scandium, gallium, vanadium and REE." said Yannis Tsitos, President of Troy. "Within 2025, we have announced a scandium/gallium/vanadium discovery at our 100% owned Lake Owen project in Wyoming, U.S. We believe the strengthening of our team with high-credibility professionals, such as Taylor, provide to our company huge advantages and paves the way for the next phase of growth not only for Lake Owen in Wyoming, but for all three North American projects in advancing our portfolio with the right, necessary moves to unlock their full potential."
About Troy Minerals
Troy Minerals is a Canadian based publicly listed mining company focused on building shareholder value through acquisition, exploration, and development of strategically located "critical" mineral assets. Troy is aggressively advancing its projects within the silica (silicon), scandium, vanadium, and rare earths industries within regions that exhibit high and growing demand for such commodities, in both North America and Central-East Asia. The Company's primary objective is the near-term prospect of production with a vision of becoming a cash-flowing mining company to deliver tangible monetary value to shareholders, state, and local communities.
ON BEHALF OF THE BOARD,
Rana Vig | President and Director
Telephone: 604-218-4766
Email: rana@ranavig.com
Forward-Looking Statements
Statement Regarding Forward-Looking Information: This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that Troy Resources Inc. (the "Company") expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include results of exploration activities may not show quality and quantity necessary for further exploration or future exploitation of minerals deposits, volatility of commodity prices, and continued availability of capital and financing, permitting and other approvals, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.
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