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SNN Network, a global multimedia financial news and publishing company that focuses on delivering news, information, data and analytics for publicly traded microcap companies, today announced that the Q2 2022 Issue of the MicroCap Review Magazine is now available in digital format

Click here to read: MicroCap Review Q2 2022 Issue

Stock News Now, Wednesday, June 29, 2022, Press release picture

"We are pleased to announce the Q2 2022 issue of the MicroCap Review," said Robert Kraft, SNN Inc. CEO. "Our focus for this issue is ‘Investing Globally.' We have incredible new content from our list of expert writers, influencers and opinion leaders in the MicroCap space discussing why investors and issuers are starting to look abroad, as well as global outlooks in specific sectors."

The Q2 2022 issue of MicroCap Review also includes profiles on public MicroCap companies, including:

MicroCap Review Q2 2022 Issue articles from leading thinkers and experts in the MicroCap space include:

  • FEATURE: "Investing Globally: Why Investors and Issuers are Looking Abroad," featuring Thomas Bachrach (PFH Capital), Jason Hirschman (Hudson 215 Capital), Delilah Panino (TSX & TSX Venture), and Perth Tolle (Life + Liberty Indexes)
  • FEATURE: "Has the Definition of "Value Investing" Changed?" by Tobias Carlisle, Acquirers Funds
  • "My Love Affair with Global Investing," by Brandon Mackie, Private Investor
  • Legal Corner: "Vast Changes to Microcap Financing, Part II," by Jon Uretsky, Esq., PULLP
  • "EVs - Silver to Play a Minor or Major Role?" by David Morgan, The Morgan Report
  • Ask Mr. Wallstreet: "Should I Buy, Sell or Hold?" by Shelly Kraft
  • "Beware of Buying Biotech on the Bottom," by David Sable and Abigail Sirus, Special Situations Life Sciences Fund
  • "Global Cannabis in 2022," by Emily Paxhia and Morgan Paxhia, Poseidon Asset Management
  • Accounting Corner: "CFO Ultimate Stress Test," by Drew Bernstein, CPA, Marcum Bernstein & Pinchuk LLP
  • "How EOS® Can Improve Employee Retention," by Jackie Kibler
  • "Lake Resources (ASX: LKE) (OTCQB: LLKKF): Aligning Operations to Power North America's EV Revolution"
  • Market Maker Corner: "Payment for Order Flow," by Eric Flesche, Glendale Securities
  • "How Public Relations Can Support MicroCap and SmallCap Companies," by Shelly Kraft (SNN) and Roger Pondel (PondelWilkinson)
  • "Global Electrification for All Vehicles No Longer a Thing of the Future"
  • "Making Seats for Female Board Members," by Diane Yoo
  • "Battery Metals Overview," by Gavin Wendt, MineLife
  • Asia Corner: "Hong Kong IPO Market Hits Dry Spell" by Leslie Richardson
  • "Fund Manager Q&A with Tavi Costa"
  • "DTC Eligibility," by Erik Nelson, Coral Capital Advisors
  • "What is the Role of a MicroCap CFO?" by Wesley Ramjeet, PPMT Group
  • "Financing MicroCap Biotechs," by John Bonfiglio, PhD MBA, Independent Board Director

This issue of the MicroCap Review Magazine is dedicated in loving memory of Igor Levental.

The MicroCap Review Magazine is available to subscribers Free on SCRIBD, ISSUU, MicroCapReview.com and SNN.Network.

To receive the next issue of the MicroCap Review Magazine, please follow the link here: SUBSCRIBE

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About SNN Network

Founded in 1998, SNN Network is a global multimedia financial news and publishing company that focuses on market awareness and investor visibility for public and pre-public microcap companies. In addition to its recently launched index and quarterly online magazine, SNN also broadcasts a microcap news podcast, the Planet MicroCap Podcast, and hosts investor conferences.

Investors and those who wish to receive the next issue of MicroCap Review Magazine, please follow the link here: SUBSCRIBE. Contact SNN at info@snnwire.com for advertising inquiries and questions about services.

For more Information, Contact:
Robert Kraft, CEO
SNN Network
rkraft@snnwire.com

SOURCE: MicroCap Review Magazine



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LLKKF
Lake Resources

Lake Resources


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Lake Resources NL  Quarterly Activities Report

Lake Resources NL Quarterly Activities Report

Sydney, Australia (ABN Newswire) - Lake Resources NL (ASX:LKE) (FRA:LK1) (OTCMKTS:LLKKF) is providing a clean solution to the delivery of high quality lithium into the battery materials supply chain powering the energy transition. Lake uses disruptive, direct extraction technology (DLE) from its partner, Lilac Solutions Inc in California (Lilac), who is earning into the flagship Kachi Project, for efficient production of high purity lithium with significant ESG benefits. No mining is involved in the brine processing.

Production from the flagship Kachi Lithium Brine Project is targeted to commence in 2024 at a rate of 50,000 tpa lithium carbonate. Kachi is indicatively financed into production with long dated low-cost project finance from the UK Export Finance and Canada's EDC for approximately 70% of the total finance required for Kachi's development, subject to standard project finance terms (ASX release 11 Aug 2021).

Lake's development plan uses a cost-effective DLE method that enables Lake to come to market quickly at significant scale with strong ESG benefits, a low carbon (CO2) footprint, low water and low land use.

High purity battery quality lithium carbonate (99.97% purity) has been produced (ASX release 20 Oct 2020) from pilot plant modules, which performed successfully in NMC622-based lithium-ion battery test cells (ASX release 2 March)

Lilac Demonstration Plant Delivered to Kachi Project

Lilac's demonstration plant has been delivered from California USA to the Kachi Project by Lakes' technical partner, Lilac Solutions, after extensive and successful test work. The ion exchange modules and supporting equipment were assembled for the demonstration plant in five 40 ft (12m) shipping containers. The modular design allows for a "plug and play" approach once brine feed, power and reagents are connected.

The demonstration plant is currently being assembled prior to commissioning.

The demonstration plant will operate for around 3 to 4 months to produce lithium chloride (eluate) representing 2.5 tonnes of lithium carbonate. This will be converted into high purity battery quality lithium carbonate for potential offtakers and battery qualification later in the year. Producing high purity product on site further de-risks the project for offtakers, financiers and investors. Test work in California, USA continues to produce data for the Definitive Feasibility Study and product samples for testing.

Kachi Lithium Brine Project

Appointment of Joint Coordinators for Debt Finance

Citi and JPMorgan were appointed during the quarter as join coordinators for the proposed debt finance of the Kachi project following an extensive and competitive tender process.

The investment banks will coordinate workstreams between lenders and third-party analysis on major project milestones including due diligence, JORC compliant definitive feasibility study (DFS) and the Environmental Social Impact Assessment (ESIA).

Discussions have continued with the UK Export Finance (UKEF), the Export Credit Agency (ECA) of the United Kingdom, and Export Development Canada (EDC), who have previously provided indicative support for approximately 70% of the total finance required for Lake's Kachi project at the expanded rate of 50,000 tpa LCE, subject to standard project finance terms. Project finance terms include, among others, suitable structured offtake contracts, the successful completion of Kachi's Definitive Feasibility Study (DFS), and an Environmental and Social Impact Assessment (ESIA) to Equator Principles (ASX release 11 Aug 2021).

Drilling Continues at Kachi

Drilling continues at Kachi to reinforce prior lithium assay results extending beyond the limits of the current resource. Such drilling is aimed to support planned production targets for the Kachi Project (ASX release 15 Dec 2021). A four well diamond drill programme and an additional rotary drill programme is underway with the intention to upgrade the resource to a higher category and to expand it (ASX release 7 Jul 2021).

Cauchari, Olaroz and Paso Lithium Brine Projects

Jujuy Province, Argentina

Lake owns three lithium brine projects, Cauchari, Olaroz and Paso, over 47,000 hectares in Jujuy Province in north-west Argentina. Lake aims to bring forward development of these projects to ensure multi-asset lithium expansion by drilling and testing prior to anticipated additional feasibility studies.

A second drilling rig has arrived on site to supplement the drilling program that commenced in February.

Drilling is now advancing at both Olaroz and Paso projects. Assay results are expected to become available during 3Q.

The drill wells are designed as part of an accelerated program across all projects in the area to quantify brines identified, develop aquifers, and conduct pump tests with data for initial feasibility studies. Rotary wells will be followed by diamond holes. Brines will be sampled and tested with direct lithium extraction methods, similar to previous work conducted on Kachi project lithium brines.

Lake has previously confirmed multiple high-grade lithium brine zones in drilling in 2019 at the Cauchari Project (ASX release 23 Aug 2019). The higher-grade results averaged 493 mg/L lithium over 343m (from 117m to 460m), up to 540 mg/L, which are similar to lithium brines in the adjoining Ganfeng/Lithium Americas JV production development.

Cash Position and Finance

Lake held cash of A$175 million (US$120m) as at 30 June 2022 (in AUD, USD and Argentine Pesos) with no debt.

The Company is financed through to the Final Investment Decision (FID) and construction finance phase, including the Definitive Feasibility Study (DFS) for the Kachi project.

Payments to related parties of the entity and their associates:

Amounts paid to related parties of the entity and their associates during the quarter were $569,000. These amounts related to normal Directors fees including the salary of the former Managing Director, the fees for the Executive Technical Director for the Definitive Feasibility Study and fees for the Executive Chairman for ongoing marketing and fundraising activities.

*To view the full Quarterly Report, please visit:
https://abnnewswire.net/lnk/561A01RW



About Lake Resources NL:

Lake Resources NL (ASX:LKE) (OTCMKTS:LLKKF) is a clean lithium developer utilising clean, direct extraction technology for the development of sustainable, high purity lithium from its flagship Kachi Project, as well as three other lithium brine projects in Argentina. The projects are in a prime location within the Lithium Triangle, where 40% of the world's lithium is produced at the lowest cost.

This method will enable Lake Resources to be an efficient, responsibly-sourced, environmentally friendly and cost competitive supplier of high-purity lithium, which is readily scalable, and in demand from Tier 1 electric vehicle makers and battery makers.



Source:
Lake Resources NL

News Provided by ABN Newswire via QuoteMedia

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Lake Resources NL  Responds to Online Report

Lake Resources NL Responds to Online Report

Sydney, Australia (ABN Newswire) - Lake Resources NL (ASX:LKE) (FRA:LK1) (OTCMKTS:LLKKF) is advancing project delivery, extraction technology, and operations to serve critical North American and Asian supply chains. Its flagship Kachi project, located in Argentina's Catamarca province, is a globally significant lithium resource.

A recent report issued by J Capital, a short-seller, puts forth incorrect information on technical matters and inaccurate assertions on Lake Resources' progress to-date with its technology partner Lilac Solutions.

Lilac's operating team arrives at the Kachi project site on 14th July 2022, with the demonstration plant modules delivered on site by 20th July 2022 when commissioning will commence.

The report's description of DLE processes does not pertain to Lilac's ion exchange technology. It is criticising the wrong process.

There are over 50 direct extraction processes in use across industries and Lake examined a number of different processes in order to select Lilac Solutions. With Lilac's proprietary ion exchange chemical process, Lake intends to efficiently deliver the large volumes of high-quality lithium chemicals needed by battery makers. Lilac has worked extensively with Kachi brine, generating the data needed for engineering studies.

Importantly, lithium can be produced cleanly and in a way that respects and involves local communities and protects the environment.

On the Lilac Solutions proprietary ion exchange technology:

Lake believes DLE will become the primary method of lithium extraction because it is the only practical way to ramp up lithium supply sustainably and in a way that conforms to increasing ESG scrutiny on lithium projects. The chemical techniques employed are already well-established in the water industry and direct extraction by ion exchange is also widely used in the uranium sector.

However, in the lithium industry not all DLE processes are the same. This is why Lake has taken the time to identify the process that is not only most efficient but also delivers a product that represents the most socially and environmentally sustainable approach to lithium extraction through ion exchange DLE and brine managed reinjection.

The chemical process for Kachi was set out clearly in the pre-feasibility study (PFS) in 2020, which Lilac participated in.

Lilac has completed extensive test work in support of the PFS to facilitate high-quality capital and operating cost estimates.

Assertions of high costs, high water usage, and toxic waste do not pertain to the Lilac technology.

Lilac's proprietary ion exchange technology is a chemical process whereby the targeted ion (lithium) in brine is exchanged for hydrogen in a charged media in the form of a ceramic bead. The ion exchange process can be operated with zero net usage of fresh water by utilizing small amounts of brackish water which is not fit for human consumption or agriculture and is available in large quantities at the Kachi site. Pre-treatment of the brine to remove magnesium or calcium is not required as these ions are rejected in the ion exchange process. The bead is then stripped of lithium using hydrochloric acid to produce an aqueous lithium chloride solution. Test work with natural Kachi brine is consistently demonstrating over 500 cycles with these beads while maintaining high lithium recoveries, and the beads have demonstrated an ability to exceed 1,000 cycles with Kachi and other brines. The spent brine is returned to the aquifer by managed reinjection.

The brine is filtered and processed in the direct extraction plant, which recovers and concentrates lithium to a lithium chloride eluate stream using ion exchange. The lithium depleted brine from this step is reinjected into the Salar to maintain the brine aquifer and protect freshwater resources.

The concentrated lithium chloride eluate is converted into lithium carbonate through a standard treatment by mixing with sodium carbonate (soda ash). The only other by-product is small quantities of chemically inactive solid. Process water is recycled and reused throughout the process so that only low quantities of top-up water are required.

Pilot module test work on Kachi brine has been undertaken by Lilac in California since 2020, which has demonstrated a clean lithium chloride eluate, which was converted by an independent third party, Hazen, to a 99.97% lithium carbonate product. There is also potential for the production of lithium hydroxide at this stage.

The front end of the Kachi flow sheet involves a brine production bore-field and Lilac's modular direct lithium extraction ion exchange technology. Scaling up the bore field and Lilac's modular components is uncomplicated and capital cost effective when compared with expanding brine evaporation ponds or mineral projects.

The Kachi site is close to a major highway, an airstrip, a hospital and two small towns. The site's location is at a comparatively low 3,000 metres and has no effect on the chemical processes. The site is ideal for project scale solar energy, which is the preferred source of power and being planned.

COVID closed international borders and as soon as was practical in March 2022 a modular demonstration plant was built in California, packed into shipping containers, and shipped to Argentina.

Lake now employs almost 300 people in Argentina with federal and state governments supportive of environmentally sensitive lithium development.

On the Disclosure of share trades:

The company has a clear policy on share trading and on a single occasion there was an inadvertent non-compliance in respect of trades made during a close period when otherwise the market was fully informed. Lake made the market aware immediately.

As disclosed in the Form 3 Y, Stephen Promnitz traded some Lake shares on 20, 21 and 22 April 2022. The quarterly report was lodged on 21 April.

To trade in a closed period, Mr Promnitz was required under the Share Trading Policy to notify both the Chairman and Secretary of Lake and obtain written clearance to do so.

The chairman did not give approval for Mr Promnitz to sell before he sold. The chairman forwarded him the trading policy section regarding blackout periods and suggested Mr Promnitz could sell the day after the quarterly was released. Mr Promnitz applied for the Chairman's permission after the sales had taken place on the 25th. The Chairman approved the sale on the 26th.

Due to an oversight, Mr Promnitz did not notify a Secretary.

The administrative errors were failing to notify both the Chairman and a Secretary and obtain written clearance before trading.

Lake has undertaken a review of the various agreements with both past and present directors and is taking steps to update all employment and appointment "agreements "with a view to ensuring that all directors and senior management are both fully aware of the various statutory and ASX Listing Rule related duties and obligations.

Lake also intends as it grows and appoints more employees both in Australia, Argentina and elsewhere, to undertake periodic internal meetings with staff and board members to ensure that they are both familiar with and aware of the obligations under various company policies and also familiar with the consequences that may arise in the event of noncompliance.

Lake is presently in the process of updating its various agreements and letters with board members, with a view to implementing more comprehensive notification obligations on directors in respect of, inter alia, dealings in "securities" of the company.

The successful Court application made by the company earlier this year was in respect of whether a cleansing statement was in fact required to be issued to enable secondary sales of certain securities. The matter was highly technical and as a matter of caution Lake sought available curative orders in the interests of its investors at the earliest possible opportunity.

Options to Brokers:

Lake has as a listed company from time to time, appointed brokers and corporate advisors. In accordance with what is common practice, the agreed mandates involved the provision of options as part of the fee arrangements.

Lake expects these brokers to comply with their market and regulatory disclosures when issuing research.

Memoranda of Understanding:

While the disclosed MOUs are largely non-binding, they have been entered into with globally recognised companies for the long-term supply of a material critical to their supply chains. The nature of the MOUs and the negotiations and ongoing dialogue toward terms of agreement by Lake with these companies gives Lake reasonable confidence that there will be outcomes which will assist in progressing the Kachi Project.

*To view figures, please visit:
https://abnnewswire.net/lnk/4T68B0BL



About Lake Resources NL:

Lake Resources NL (ASX:LKE) (OTCMKTS:LLKKF) is a clean lithium developer utilising clean, direct extraction technology for the development of sustainable, high purity lithium from its flagship Kachi Project, as well as three other lithium brine projects in Argentina. The projects are in a prime location within the Lithium Triangle, where 40% of the world's lithium is produced at the lowest cost.

This method will enable Lake Resources to be an efficient, responsibly-sourced, environmentally friendly and cost competitive supplier of high-purity lithium, which is readily scalable, and in demand from Tier 1 electric vehicle makers and battery makers.



Source:
Lake Resources NL

News Provided by ABN Newswire via QuoteMedia

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Lake Resources NL  Market Update

Lake Resources NL Market Update

Sydney, Australia (ABN Newswire) - On Monday 20 June Lake Resources NL (ASX:LKE) (FRA:LK1) (OTCMKTS:LLKKF) informed the ASX that Lake was establishing a North American presence to serve its off-take customers, to continue to work with its US-based technology partner Lilac Solutions, and capital markets.

It said that Lake Chairman Stu Crow is to serve as Executive Chairman for six months to oversee the appointment of a new CEO, board members, and the establishment of US offices.

Lake informed the market that it was interviewing potential CEO/MD candidates with project development and production experience, and someone known to US markets in order to bring its projects to production and build on customers relationships in the important US market.

Lake said that as part of establishing a North American presence, current Managing Director Steve Promnitz would depart.

The timing of Mr Promnitz's resignation was of his own volition. The Board received his resignation on Friday and no reason was provided by Mr Promnitz. The Board considered his resignation over the weekend, and then informed the market on Monday.

Nothing has changed in respect of Lake's desire to progress development of the Kachi and other projects in Argentina to meet rising demand in the US and other western markets, and in particular Lake advises that despite Mr Promnitz's departure:

- Meetings with potential CEO/MD candidates will be progressed;

- Negotiations over the terms of the MOUs with Japan's Hanwa and the Ford Motor Company are continuing;

- Citi and JP Morgan are progressing debt arrangements with the Export Credit Agencies in the UK and Canada;

- Lake's technology partner Lilac Solutions has the modular demonstration plant in Argentina with assembly and testing during July.

There is an urgency in the US to secure battery metal supply chains. The Executive Chairman Mr Stu Crow is currently in the US with a view to progressing the outlined strategy.



About Lake Resources NL:

Lake Resources NL (ASX:LKE) (OTCMKTS:LLKKF) is a clean lithium developer utilising clean, direct extraction technology for the development of sustainable, high purity lithium from its flagship Kachi Project, as well as three other lithium brine projects in Argentina. The projects are in a prime location within the Lithium Triangle, where 40% of the world's lithium is produced at the lowest cost.

This method will enable Lake Resources to be an efficient, responsibly-sourced, environmentally friendly and cost competitive supplier of high-purity lithium, which is readily scalable, and in demand from Tier 1 electric vehicle makers and battery makers.



Source:
Lake Resources NL

News Provided by ABN Newswire via QuoteMedia

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Lake Resources NL  Additional Bonus Options Conversion

Lake Resources NL Additional Bonus Options Conversion

Sydney, Australia (ABN Newswire) - Clean lithium developer Lake Resources NL (ASX:LKE) (FRA:LK1) (OTCMKTS:LLKKF) is pleased to advise that approximately 96 percent off the Additional Bonus Options issued in November 2021 have been exercised and converted into new LKE shares. The option conversions have provided approximately A$62 million to the cash position of the Company.

Lake's Chairman Mr Stuart Crow said "I would like to thank shareholders for their continued support for the Company. The completion of the option conversion leaves the Company in its strongest ever financial position with in excess of $150 million cash at bank. Lake is now well financed as it advances the Kachi project toward FID and as exploration activity across all other projects is being aggressively accelerated".



About Lake Resources NL:

Lake Resources NL (ASX:LKE) (OTCMKTS:LLKKF) is a clean lithium developer utilising clean, direct extraction technology for the development of sustainable, high purity lithium from its flagship Kachi Project, as well as three other lithium brine projects in Argentina. The projects are in a prime location within the Lithium Triangle, where 40% of the world's lithium is produced at the lowest cost.

This method will enable Lake Resources to be an efficient, responsibly-sourced, environmentally friendly and cost competitive supplier of high-purity lithium, which is readily scalable, and in demand from Tier 1 electric vehicle makers and battery makers.



Source:
Lake Resources NL

News Provided by ABN Newswire via QuoteMedia

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Lake Resources NL  Appoints Executive Chairman

Lake Resources NL Appoints Executive Chairman

Sydney, Australia (ABN Newswire) - Clean lithium developer Lake Resources NL (ASX:LKE) (FRA:LK1) (OTCMKTS:LLKKF) advises that as part of the transition to serve critical North American and Asian supply chains Chairman Stu Crow will be appointed executive chairman to oversee the transition for a period of six months.

"Lake's aspirational target is to reach capacity of 100,000 tpa by 2030 which will underpin Lake's ambition to become a leading global producer of sustainable high purity lithium" Mr Crow said.

"We are now establishing a North American presence to serve our off-take customers, continue to work with our US-based technology partner, and engage capital markets."

"We are aligning project delivery, extraction technology, and operations. We are interviewing candidates with exceptional experience for the CEO and Managing Director role, and also candidates for the board to reflect growth of the company in the US markets."

Lake Resources is now developing four lithium brine projects in Argentina and has more than 150 people working across all four lithium brine projects.

As part of this transition to North America current Managing Director Steve Promnitz will depart after establishing Lake's dominant position in Argentina.

Mr Crow said the company has one of the largest lithium lease holdings in Argentina amounting to more than 2,200km2 with the majority of leases owned 100%. Lilac Solutions has the right to earn up to 25% of the Kachi project upon achieving certain milestones.

"In this regard we are exceptionally grateful for Steve's pioneering efforts in project generation to establish Lake's presence in Argentina."



About Lake Resources NL:

Lake Resources NL (ASX:LKE) (OTCMKTS:LLKKF) is a clean lithium developer utilising clean, direct extraction technology for the development of sustainable, high purity lithium from its flagship Kachi Project, as well as three other lithium brine projects in Argentina. The projects are in a prime location within the Lithium Triangle, where 40% of the world's lithium is produced at the lowest cost.

This method will enable Lake Resources to be an efficient, responsibly-sourced, environmentally friendly and cost competitive supplier of high-purity lithium, which is readily scalable, and in demand from Tier 1 electric vehicle makers and battery makers.



Source:
Lake Resources NL

News Provided by ABN Newswire via QuoteMedia

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Montfort Capital Closes Brightpath Capital Acquisition

Montfort Capital Closes Brightpath Capital Acquisition

~Montfort acquires one of Canada's leading private providers of residential mortgages focused on Ontario and British Columbia~

Montfort Capital Corporation ("Montfort" or the "Company") (TSXV: MONT) (OTCQB: MONTF), a leading innovator of technology in private credit, is pleased to announce that it has entered into a definitive share purchase agreement (the " Acquisition Agreement ") with Kenneth Thomson The Kenneth Thomson Business Trust (2020), Universal Financial Corp., Blake Albright The Albright (2020) Family Trust, GreatBlake Holdings Inc., Sabrina Kyle The Sabrina Prudham (2020) Family Trust, 2753655 Ontario Inc. and Reap Equity Corp. (collectively, the " Vendors ") in connection with its previously announced acquisition of Brightpath Capital Corporation (" Brightpath Capita l"), Brightpath Servicing Corporation (" Brightpath Servicing "), and Brightpath Residential Mortgage LP I (" Brightpath Mortgage LP ", together with Brightpath Capital and Brightpath Servicing, " Brightpath "), as well as certain holding corporations owned by the Vendors (the " Transaction "). Immediately following the execution of the Acquisition Agreement, the parties successfully completed the Transaction and Montfort has acquired Brightpath. Pursuant to the Transaction, Montfort has acquired all the outstanding common shares of Brightpath Capital Corporation and Brightpath Servicing, and all of the outstanding limited partnership units of Brightpath Residential Mortgage LP I.

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RecycLiCo Battery Materials Demonstration Plant Testing Achieves 163% of Designed Leach Processing Capacity

RecycLiCo Battery Materials Demonstration Plant Testing Achieves 163% of Designed Leach Processing Capacity

American Manganese Inc ("Company"), (TSXV:AMY)(OTCQB:AMYZF)(FRA:2AM), doing business as RecycLiCo Battery Materials, a pioneer in advanced lithium-ion battery recycling and upcycling, and its R&D partner Kemetco Research Inc. ("Kemetco") is pleased to announce that the leach section of its technology defining demonstration plant project has achieved 163% of the demonstration plant's designed processing capacity of 500 kgday for lithium-ion battery cathode scraps

The RecycLiCo™ demonstration plant testing schedule consists of an organized approach that evaluates individual processing steps with scaled up equipment and different commercially available lithium-ion battery waste feed material in comparison to the laboratory and pilot plant scale tests. In the instance of the demonstration plant's leaching stage, the increase in processing capacity can be attributed to the effectiveness of the company's patented process, equipment selection, and operational expertise. The optimized processing parameters that exceeded calculated expectations will be used as data points for the upcoming commercial plant design.

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JustKitchen Working with Chef Richie Lin on Hybrid Fast-Fine Restaurant and Ghost Kitchen

JustKitchen Working with Chef Richie Lin on Hybrid Fast-Fine Restaurant and Ghost Kitchen

TSXV: JK   OTCQB: JKHCF   FRA: 68Z

The Company's Latest Innovative Project at Hotel EPISODE Hsinchu Combines Food Expertise, Creative Branding, Flexible Licensing, Modern Technology, and Without the Need for a Significant Upfront Capital Investment

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JustKitchen Optimizing Operations Using Technology

JustKitchen Optimizing Operations Using Technology

TSXV: JK   OTCQB: JKHCF   FRA: 68Z

The Company is Investing in Several Core Aspects of its Teck Stack Including the JKOS Platform, LPOS System, Franchise Model, Mobile Food Ordering Application, Supply Chain Integration, Sigma Tool and JK University Repository

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RecycLiCo Battery Materials Receives Funding for Feasibility Study on Black Mass Material from End-of-Life Lithium-ion Batteries

RecycLiCo Battery Materials Receives Funding for Feasibility Study on Black Mass Material from End-of-Life Lithium-ion Batteries

American Manganese Inc ("Company"), (TSXV:AMY)(OTCQB:AMYZF)(FSE:2AM) doing business as RecycLiCo Battery Materials, a pioneer in advanced lithium-ion battery recycling and upcycling, is pleased to announce that it is receiving advisory services and funding from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) to support a feasibility study to target the removal of fluoride from black mass containing high concentrations of fluoride

When a lithium-ion battery reaches its end-of-life, the battery undergoes a mechanical pre-treatment method that produces a black mass material containing lithium, nickel, manganese, cobalt, and unwanted impurities such as fluoride. These impurities can cause significant corrosion and contamination issues in the downstream hydrometallurgical processing steps.

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JustKitchen Implementing Margin Improvement After Rapid Growth Phase

JustKitchen Implementing Margin Improvement After Rapid Growth Phase

TSXV: JK   OTCQB: JKHCF   FRA: 68Z

The Company's Margin Initiative Includes Streamlining Operations, Pursuing More B2B Opportunities, Lowering COGS, Reducing Redundancies and Renegotiating Key Agreements at Opportune Times

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