TSX Venture Exchange Stock Maintenance Bulletins

TSX Venture Exchange Stock Maintenance Bulletins

TSX VENTURE COMPANIES

ARGO OPPORTUNITY CORP. ("AROC.P ")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE: May 18, 2023
TSX Venture Tier 2 Company

Further to TSX Venture Exchange bulletin dated May 16, 2023 , effective at the open of market, May 23, 2023 shares of the Company will resume trading.

________________________________________

WAROONA ENERGY INC. ("WHE")
[formerly Metallum Resources Inc. ("MZN")]
BULLETIN TYPE: Reverse Takeover-Completed, Private Placement-Non-Brokered, Name Change, Symbol Change, Resume Trading
BULLETIN DATE: May 18, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange (the "Exchange") has accepted for filing Metallum Resources Inc.'s (now Waroona Energy Inc., the "Company") reverse takeover (the "RTO") as principally described in the Company's information circular dated April 12, 2023 (the "Circular").

The RTO includes the following matters, all of which have been accepted by the Exchange.

Reverse Takeover-Completed:

Pursuant to a share exchange agreement dated December 6, 2022, the Company acquired all of the issued and outstanding shares of Waroona Energy Pty Ltd., an Australian incorporated entity.

The Exchange has been advised that disinterested shareholders of the Company have approved the RTO.

For additional information please refer to the Company's Circular dated April 12, 2023 available under the Company's profile on SEDAR, as well as the Company's news releases dated October 19, 2022, December 6, 2022, February 8, 2023, February 17, 2023, March 2, 2023, April 17, 2023 and May 16, 2023.

Private Placement-Non-Brokered:

In connection with the above, the Exchange has accepted for filing documentation with respect to a Non Brokered Private Placement announced February 8, 2023 .

Number of Subscription Receipts:             150,000,000 subscription receipts. Each subscription receipt

entitles the holder to receive one common share of the Company without payment of any additional consideration or any further action, upon the fulfilment of certain release conditions, including but not limited to the receipt of all necessary shareholder and/or regulatory approvals (the "Escrow Release Conditions") of the proposed RTO. In the event the Escrow Release Conditions are not met, all proceeds raised will be returned to the subscribers and the subscription receipts will be cancelled.

Purchase Price: $0 .06 per subscription receipt

Number of Placees:                                  105 placees

Insider / Pro Group Participation:

Name

# of Placee(s)

Aggregate # of Shares

Aggregate Existing Insider Involvement

5

32,630,269

Aggregate Pro Group Involvement

1

2,060,437

Finder's Fee:

Aggregate cash amount of $307,959.


Name
Change and Symbol Change:

The name of the Company has been changed as detailed below.

Effective at the market opening on Tuesday, May 23, 2023 , the common shares of Waroona Energy Inc. will commence trading on TSX Venture Exchange, and the common shares of Metallum Resources Inc. will be delisted. The Company is classified as a 'Technology' company.

Capitalization:

Unlimited

common shares with no par value of which


737,979,415

common shares are issued and outstanding

Escrow:

304,500,000

common shares are subject to Tier 2 Value Escrow


71,670,500

common shares are subject to Tier 2 Surplus Escrow


5,416,667

common shares are subject to Tier 1 Value Escrow

Transfer Agent:                                       Computershare Trust Company of Canada

Trading Symbol:

WHE

(new)

CUSIP Number:

934633108

(new)





Company Contact:

Tony Wonnacott

Company Address:

Suite 400 - 1681 Chestnut Street


Vancouver, British Columbia V6J


4M6

Company Phone Number:

(416) 953-5879

Company Email Address:

contact@waroonaenergy.com


Resume
Trading:

Effective at the market opening on Tuesday, May 23, 2023 , the shares of the Company will resume trading.

________________________________________

MORIEN RESOURCES CORP. ("MOX ")
BULLETIN TYPE:  Declaration of Dividend
BULLETIN DATE: May 18, 2023
TSX Venture Tier 2 Company

The Issuer has declared the following dividend:

Dividend Amount per Common Share: $0.0025
Payable Date: June 28, 2023
Record Date: June 14, 2023
Ex-dividend Date: June 13, 2023

________________________________________

ORCA ENERGY GROUP INC. ("ORC.A ") ("ORC.B")
BULLETIN TYPE:  Declaration of Dividend
BULLETIN DATE: May 18, 2023
TSX Venture Tier 2 Company

The Issuer has declared the following dividend:

Dividend per Class A: $0.10
Dividend per Class B SV: $0.10
Payable Date: July 14, 2023
Record Date: June 30, 2023
Ex-dividend Date: June 29, 2023

________________________________________

PASCAL BIOSCIENCES INC. ("PAS ")
BULLETIN TYPE:  Delist
BULLETIN DATE: May 18, 2023
TSX Venture Tier 2 Company

Further to the Company's news releases dated February 15, 2023 , and May 18, 2023 , the common shares of Pascal Biosciences Inc. will be delisted at close of market on Tuesday May 23, 2023 , from TSX Venture Exchange at the request of the Company.

________________________________________

SHELLRON CAPITAL LTD. ("SHLL.P")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: May 18, 2023
TSX Venture Tier 2 Company

Effective at the opening, Tuesday, May 23, 2023 , the securities of Shellron Capital Ltd. (the "Company") will resume trading.  Further to the Exchange Bulletin dated August 3, 2022 , a news release was issued on March 24, 2023 , announcing that the Company will not be proceeding with its proposed transaction.  The transaction contemplated would have constituted a Qualifying Transaction as defined under Exchange Policy 2.4.

________________________________________

23/05/18 - TSX Venture Exchange Bulletins

TSX VENTURE COMPANIES

ARGO OPPORTUNITY CORP. ("AROC.P ")
BULLETIN TYPE:  Halt
BULLETIN DATE: May 18, 2023
TSX Venture Tier 2 Company

Effective at 5:00 a.m. PST, May 18, 2023 , trading in the shares of the Company was halted, pending closing; this regulatory halt is imposed by Investment Industry Regulatory Organization of Canada , the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.

________________________________________

IBC ADVANCED ALLOYS CORP. ("IB ") ("IB.DB")
BULLETIN TYPE:  Halt
BULLETIN DATE: May 18, 2023
TSX Venture Tier 2 Company

Effective at 5:26 a.m. PST, May 18, 2023 , trading in the shares of the Company was halted, pending news; this regulatory halt is imposed by Investment Industry Regulatory Organization of Canada , the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.

________________________________________

IBC ADVANCED ALLOYS CORP.  ("IB") ("IB.DB")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE: May 18, 2023
TSX Venture Tier 2 Company

Effective at 6:30 a.m. PST, May 18, 2023 , shares of the Company resumed trading, an announcement having been made.

________________________________________

MARVEL DISCOVERY CORP. ("MARV ")
BULLETIN TYPE:  Warrant Term Extension & Warrant Price Amendment
BULLETIN DATE: May 18, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has consented to the extension of the expiry date and repricing of the following warrants:

# of Warrants:

1,200,000

Original Expiry Date of Warrants:

May 31, 2023

New Expiry Date of Warrants:

May 31, 2025

Original Exercise Price of Warrants:

$0.25

New Exercise Price of Warrants:

$0.20


These warrants were issued pursuant to a private placement of 2,400,000 Units. Each Unit consists of one common share of the Company and a one-half common share purchase warrant attached, which was accepted for filing by the Exchange effective May 31, 2021 .

________________________________________

NORTH ARROW MINERALS INC. ("NAR ")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE: May 18, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on April 24, 2023 :

Number of Shares:

13,066,500 Flow-through shares

Purchase Price:

$0.08 per share

Warrants:

6,533,250 share purchase warrants to purchase 6,533,250 shares

Warrant Exercise Price:

$0.12 for a two year period

Number of Shares:

22,976,999 shares

Purchase Price:

$0.06 per share

Warrants:

22,976,999 share purchase warrants to purchase 22,976,999 shares

Warrant Exercise Price:

$0.10 for a two year period

Number of Placees:

51 placees

Insider / Pro Group Participation:






Placees

# of Placee (s)

Aggregate # of Shares




Aggregate Existing Insider Involvement:

2

933,000

Aggregate Pro Group Involvement:

5

1,685,750


Aggregate Cash Amount

Aggregate #

of Shares

Aggregate #

of Warrants

Finder's Fee:

$77,254.88

N/A

676,620


Finder's Warrants Terms: Each warrant entitles the holder to purchase one common share at the price of $0 .10 for period of 2 years from the date of issuance.

The Company issued a news release on May 18, 2023 , confirming closing of the private placement.  [Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.]

________________________________________

NOVA ROYALTY CORP. ("NOVR ")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 18, 2023
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing documentation pertaining to an existing royalty purchase agreement dated February 9, 2021 (the "Agreement"), between Nova Royalty Corp. (the "Company") and arm's length vendor (the "Vendor"). The Company issued 1,361,936 common shares of Nova Royalty to Vendor. The common shares represent a milestone payment in the amount of US$1,500,000 and were priced based on a 30-day volume-weighted average trading price.

For further details, please refer to the Company's news release dated February 10, 2021 , June 10, 2021 and May 04, 2023 .

________________________________________

RIWI CORP. ("RIWI ")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE: May 18, 2023
TSX Venture Tier 1 Company

Effective at 6:30 a.m. PST, May 18, 2023 , shares of the Company resumed trading, an announcement having been made.

________________________________________

SIMPLY BETTER BRANDS CORP. ("SBBC ")
BULLETIN TYPE:  Shares for Services
BULLETIN DATE: May 18, 2023
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing the Company's proposal to issue 90,236 shares at a deemed price of $0.38937 for a total consideration of $35,135 (US$26,000.00) for certain services provided to the Company pursuant to an agreement dated September 1, 2022 .

Number of Service Providers: 1

Non-Arm's Length Party / Pro Group Participation: N/A

For more information, please refer to the Company's news release on April 21, 2023 .

The Company shall issue a news release when the shares are issued.

________________________________________

SOLAR ALLIANCE ENERGY INC. ("SOLR ")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE: May 18, 2023
TSX Venture Tier 2 Company

Effective at 6:30 a.m. PST, May 18, 2023 , shares of the Company resumed trading, an announcement having been made.

________________________________________

Ultra Lithium Inc. ("ULT ")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE: May 18, 2023
TSX Venture Tier 2 Company

Effective at 5:00 a.m. PST, May 18, 2023 , shares of the Company resumed trading, an announcement having been made.

________________________________________

VISIONSTATE CORP. ("VIS")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE: May 18, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on March 13, 2023 and April 4, 2023 :

Number of Shares:

22,975,000 units. Each unit consists of one common share and one share purchase warrant.

Purchase Price:

$0.02 per unit

Warrants:

22,975,000 share purchase warrants to purchase 22,975,000 shares

Warrant Exercise Price:

$0.05 for a two year period

Warrant Acceleration Provision:

If the closing price of the common shares is equal to or exceeds $0.07 per common share for greater than twenty (20) consecutive trading days, then the warrant term shall automatically accelerate to a date that is thirty (30) calendar days following the date a press release is issued by the Company announcing the reduced warrant terms, without further notification made by the Company.

Number of Placees:

11 placees

Insider / Pro Group Participation:






Placees

# of Placee (s)

Aggregate # of Units




Aggregate Existing Insider Involvement:

4

13,125,000

Aggregate Pro Group Involvement:

N/A

N/A


Aggregate Cash Amount

Aggregate #

of Shares

Aggregate #

of Warrants

Finder's Fee:

N/A

N/A

N/A


The Company issued a news release on May 17 , 2023 confirming closing of the private placement. Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.

________________________________________

WESTERN ALASKA MINERALS CORP. ("WAM")
BULLETIN TYPE:  Private Placement – Brokered
BULLETIN DATE: May 18, 2023
TSX Venture Tier 1 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced April 11, 2023 :

Number of Shares:

2,982,049 common share units ("Units"), each Unit consisting of one common share in the capital of the Company ("Share") and one-half of one Share purchase warrant ("Warrant").

Purchase Price:

$2.35 per Unit.

Warrants:

1,491,022 whole Warrants to purchase 1,491,022 Shares.

Warrant Price:

$3.15 exercisable for a period of 36 months from the date of issuance.

Number of Placees:

65 placees.

Insider / Pro Group Participation:


Insider=      Y /


Name

ProGroup= P

Number of Units

Aggregate Existing Insider Involvement:

[4 Existing Insiders]

Y

167,873

Aggregate Pro Group Involvement:

N/A

N/A

Agents' Fees:

Aggregate Cash Amount

Aggregate #

of Shares

Aggregate #

of Finder Warrants

Agentis Capital Markets LP

$155,092

N/A

64,702

Canaccord Genuity Corp.

$155,092

N/A

64,702

Stifel Nicolaus Canada Inc.

$49,548

N/A

22,430

Roth Canada Inc.

$38,114

N/A

17,254

Independent Trading Group Inc.

$7,623

N/A

3,451

Finder Warrants are exercisable into Units at $2.35 per Unit for a period of 24 months from the date of issuance.

The Company issued a news release on May 4 , 2023, confirming the closing of the Private Placement.  Note that in certain circumstances the Exchange may later extend the expiry date of the Warrants, if they are less than the maximum permitted term.

__________________________________

SOURCE TSX Venture Exchange

Cision View original content: https://www.newswire.ca/en/releases/archive/May2023/18/c7146.html

News Provided by Canada Newswire via QuoteMedia

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Ultra Lithium Inc. Appoints Directors

Ultra Lithium Inc. Appoints Directors

Ultra Lithium Inc. (TSX-V: ULT OTCQB: ULTXF) ("Ultra Lithium" or the "Company") is pleased to announce that Kiki Smith and Graham Adria have been appoint to the Company's board of directors.

Graham Adria was appointed to the board of directors on November 15, 2023. Graham Adria has extensive experience as a corporate lawyer and currently works for an international law firm in Beijing. He is experienced in cross-border transactions in the resources sector, particularly on small and mid-cap mining transactions into Africa and Asia. Graham received his Bachelor of Arts (Honors) in Political Science from the University of Alberta and his Juris Doctor from Osgoode Hall. Graham is called to the bar in Ontario.

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CORRECTING and REPLACING - Ultra Lithium Inc. Closes Private Placement

CORRECTING and REPLACING - Ultra Lithium Inc. Closes Private Placement

In a news release issued Friday, August 11, 2023, by Ultra Lithium Inc. (TSX-V: ULT OTCQB: ULTXF) under the same headline, please note the Warrant Share price in the second paragraph should be "$0.25 in the second twelve months following issuance" rather than "$0.12 in the second twelve months following issuance" as originally issued. Complete corrected text follows.

Ultra Lithium Inc. (TSX-V: ULT OTCQB: ULTXF) ("Ultra Lithium" or the "Company") is pleased to announce that it has closed a non-brokered private placement issuing 18,181,819 Units at a price of C$0.055 per Unit for gross proceeds of C$1,000,000.

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Ultra Lithium Invites Shareholders and Investment Community To Visit Booth #2353 at PDAC 2023 Toronto, March 5-8, 2023

Ultra Lithium Invites Shareholders and Investment Community To Visit Booth #2353 at PDAC 2023 Toronto, March 5-8, 2023

Ultra Lithium Corp. (TSXV: ULT) (OTCQB: ULTXF) ("Ultra" or the "Company") is pleased to be exhibiting in Toronto this weekend at Booth #2353 at the Prospectors & Developers Association of Canada's (PDAC) Convention at the Metro Toronto Convention Centre (MTCC) from Sunday, March 5 to Wednesday, March 8, 2023.

ABOUT Ultra Lithium

Ultra Lithium is an exploration and development company with a focus on the acquisition and development of lithium, gold and copper assets. The company holds a brine lithium property in Argentina, hard rock spodumene type lithium properties at the Georgia Lake/Forgan Lake area in Northwestern Ontario, Canada, and a brine lithium property in the Big Smoky Valley, Nev., United States. The company also holds other gold and base metals properties in Argentina.

Additional information about Ultra and its operations can be found on the Company website at https://ultralithium.com/. Follow us on Twitter @Ultra_Lithium and LinkedIn at https://www.linkedin.com/company/ultra-lithium-inc.

On behalf of the Board of Directors
Kiki Smith, CFO

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Ultra Lithium Completes 3,500 Meters Drilling to Date at Forgan Lake and Georgia Lake Lithium Properties Northwestern Ontario Intersecting Lithium Pegmatites With Widths Up to 15 Meters

Ultra Lithium Completes 3,500 Meters Drilling to Date at Forgan Lake and Georgia Lake Lithium Properties Northwestern Ontario Intersecting Lithium Pegmatites With Widths Up to 15 Meters

Ultra Lithium Inc. ( TSXV:ULT, OTCQB: ULTXF and Frankfurt: QFB ) ("Ultra Lithium" or "the Company") is pleased to provide an update on drilling progress at its Forgan Lake and Georgia Lake Lithium properties in northwestern Ontario, Canada. To date, the Company has completed 31 NQ and HQ size drill holes for over 3,500 meters of diamond drilling over the two properties. Several drill holes intersected lithium pegmatites of various widths ranging from 0.5 m to 15 m. Drill-core is presently stored at the Pleson Geoscience Core yard in Nipigon, ON where it is being logged and sample intervals marked. The drill core will be cut using a rock saw and samples will be shipped for assay over the next month.

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Victory is Pleased to Announce the Appointment of Gary Musil to the Company's Board of Directors and a Private Placement

Victory is Pleased to Announce the Appointment of Gary Musil to the Company's Board of Directors and a Private Placement

Victory Battery Metals Corp. (CSE:VR)(OTC PINK:VRCFF)(FWB:VR6) welcomes Gary Musil as a director of the Company, effective July 1, 2024. Gary Musil has more than 35 years of management and financial consulting experience and has served as an officer and director on numerous public companies since 1988. This experience has resulted in his overseeing the financial aspects and expenditures on exploration projects in Peru, Chile, Eastern Europe (Slovak Republic), and British Columbia, Ontario, Quebec, Saskatchewan and New Brunswick (Canada). Prior to his public company work, he was employed for 15 years with Dickenson Mines Ltd. and Kam-Kotia Mines Ltd., as the Controller for their producing silverleadzinc mine in the interior of British Columbia

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Albemarle Announces Quarterly Common Stock Dividend

Albemarle Announces Quarterly Common Stock Dividend

The Board of Directors of Albemarle Corporation (NYSE: ALB) announces that it has declared a quarterly common stock dividend of $0.405 per share. The dividend, which has an annualized rate of $1.62 is payable Oct. 1, 2024 to shareholders of record at the close of business as of Sept. 13, 2024 . For 30 consecutive years, Albemarle has raised its dividend.

Albemarle Corp. Logo. (PRNewsFoto/Albemarle Corporation)

About Albemarle
Albemarle Corporation (NYSE: ALB) leads the world in transforming essential resources into critical ingredients for mobility, energy, connectivity and health. We partner to pioneer new ways to move, power, connect and protect with people and planet in mind. A reliable and high-quality global supply of lithium and bromine allows us to deliver advanced solutions for our customers. Learn more about how the people of Albemarle are enabling a more resilient world at Albemarle.com , LinkedIn and on X (formerly known as Twitter) @AlbemarleCorp .

Albemarle regularly posts information to www.albemarle.com , including notification of events, news, financial performance, investor presentations and webcasts, non-GAAP reconciliations, U.S. Securities and Exchange Commission filings and other information regarding the company, its businesses and the markets it serves.

Forward-Looking Statements

Some of the information presented in this press release, including, without limitation, information related to future dividends and results, and all other information relating to matters that are not historical facts may constitute forward- looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from the views expressed. Factors that could cause actual results to differ materially from the outlook expressed or implied in any forward-looking statement include, without limitation: changes in economic and business conditions; adverse changes in liquidity or financial or operating performance; changes in the demand for our products or the end-user markets in which our products are sold and the other factors detailed from time to time in the reports we file with the U.S. Securities and Exchange Commission, including those described under "Risk Factors" in our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. These forward-looking statements speak only as of the date of this press release. We assume no obligation to provide any revisions to any forward-looking statements should circumstances change, except as otherwise required by securities and other applicable laws.

Investor Relations Contact: Meredith Bandy , +1 (980) 999-5768, meredith.bandy@albemarle.com
Media Contact: Peter Smolowitz
, +1 (980) 308-6310, media@albemarle.com

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/albemarle-announces-quarterly-common-stock-dividend-302198618.html

SOURCE Albemarle Corporation

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Altech Batteries Ltd  Update on CERENERGY ABS60 Battery-pack Prototypes

Altech Batteries Ltd Update on CERENERGY ABS60 Battery-pack Prototypes

Perth, Australia (ABN Newswire) - Altech Batteries Limited (ASX:ATC) (FRA:A3Y) (OTCMKTS:ALTHF) is pleased to provide an update on the production of its CERENERGY(R) ABS60 BatteryPack prototypes. All 240 cells for the first ABS60 BatteryPack Prototype have now been fabricated, assembled and initialized at Fraunhofer IKTS Hermsdorf's pilot plant.

Highlights

- Prototype production is progressing well

- All CERENERGY(R) cells for the first 60 KWh Prototype completed

- Cell contacting system manufacturing finished and delivered

- Improved cell electrode design showing excellent results

- Cell quality tests by Fraunhofer delivering better than expected capacity

- Welding of cells to cell contacting system underway

- Completed modules will be mounted into ABS60 BatteryPack next week

To validate a homogeneous cathode material distribution, all cells were cycled through several testing stations at Fraunhofer IKTS Hermsdorf and Arnstadt.

IMPROVED CELL ELECTRODE DESIGN

During the fabrication of the two 60kWh CERENERGY(R) ABS60 BatteryPack prototypes, the Altech and Fraunhofer team made several design improvements to the cell's positive probe. These enhancements aimed to boost the cell's energy capacity and reduce the nickel content. The "V2" design of the positive probe allows for slightly faster charging and discharging while lowering the unit costs of the battery. Testing revealed that most cells had higher-than-expected energy capacities, an outstanding result that strongly supports the chosen electrode design. With all cells manufactured according to the series design and optimized processes, the best cells to date have been completed. The table below demonstrates that all the cells are meeting the expected specifications.

CELL CONTACTING SYSTEM COMPLETED

The Cell Contacting System (CCS) has undergone stringent testing and has now been completed and delivered by key supplier Hofer AG. The CCS was delivered to Fraunhofer IKTS in Dresden, where all parts of the modules will be collected to assemble each of the five modules. Each module contains 48 cells, that are currently being welded to the CCS by an external service provider.

After welding is completed, the ABS60 BatteryPack with its 60 kWh capacity can be completely assembled.

MODULE WELDING TRIALS

To guarantee the most time-efficient welding, a unique tool was designed and built at Xenon, which is responsible for welding and quality control across the 120 MWh battery plant. After completing the welding tool, it was shipped to an external laboratory, accompanied by a test module and several trial cells. The aim was to determine the best working parameters and to proof the handling of certain parts of the module.

The trials were successfully finished.

CELL MANUFACTURING PROGRESSING WELL

All 240 cells for the first ABS60 BatteryPack Prototype have been assembled and initialised at Fraunhofer IKTS, Hermsdorf. To validate a homogeneous cathode material distribution, all cells were cycled through several testing stations at Fraunhofer IKTS Hermsdorf and Arnstadt.

INTERIM CELL TESTING

At Fraunhofer IKTS in Hermsdorf, all cells were scanned using a unique X-ray microtomography device that enables the ability to look inside cells after they are hermetically closed. This is required to ensure the most homogeneous material distribution inside the cells as well as the best possible alignment of cell components e.g. electrode. The results have been excellent to date. Another quality assurance procedure involved cycling cells to ensure the electrical requirements and parameters are operating as designed.

MODULE WELDING AND BATTERYPACK ASSEMBLY

After every cell passed all quality checks, the modules containing the cells were shipped to the laboratory for welding onto the CCS. By using the predetermined parameters for welding, all modules have been successfully welded. After completion, the modules will be shipped to Fraunhofer IKTS, Dresden, where all five modules will then be mounted into the ABS60 BatteryPack and the first Prototype will be completed.

This will enable testing and demonstration to potential customers, to prove individual use cases for each customer.

ABOUT THE ABS60 - BATTERYPACK

The 60kWh Altech Battery Pack consists of five 12kWh modules with 48 cells each, mounted on top of each other and sealed in a thermal isolated stainless steel hood housing. The Battery management system is mounted at the base. To maintain thermal self-sufficiency, an insulation hood was designed, where the required heat of the system can be maintained inside the BatteryPack as long as possible, although the outer surface only has ambient temperature. This was achieved by using vacuum insulation. The base of each module is designed to accommodate folklift transport for easy mounting into the GridPack.

Commenting on the progress, MD and CEO Iggy Tan stated "Altech's team in Germany, together with its joint venture partner Fraunhofer, and with the assistance of key suppliers, have made excellent progress on the fabrication of two 60kWh CERENERGY(R) ABS60 BatteryPack prototypes. All components for the first BatteryPack have now been fabricated. Altech is now completing the welding of the cells to the Cell Contacting System, after which the five completed battery modules will be delivered to Fraunhofer IKTS in Dresden, where all five modules will be mounted into the ABS60 BatteryPack and the first ABS60 Prototype will be completed. The BatteryPack will then be available for testing and demonstration to potential customers, thereby assisting Altech in securing offtake and finance for the 120MWh CERENERGY(R) battery plant to be constructed on Altech's land in Germany".

*To view tables and figures, please visit:
https://abnnewswire.net/lnk/O449B2I4



About Altech Batteries Ltd:

Altech Batteries Limited (ASX:ATC) (FRA:A3Y) is a specialty battery technology company that has a joint venture agreement with world leading German battery institute Fraunhofer IKTS ("Fraunhofer") to commercialise the revolutionary CERENERGY(R) Sodium Alumina Solid State (SAS) Battery. CERENERGY(R) batteries are the game-changing alternative to lithium-ion batteries. CERENERGY(R) batteries are fire and explosion-proof; have a life span of more than 15 years and operate in extreme cold and desert climates. The battery technology uses table salt and is lithium-free; cobalt-free; graphite-free; and copper-free, eliminating exposure to critical metal price rises and supply chain concerns.

The joint venture is commercialising its CERENERGY(R) battery, with plans to construct a 100MWh production facility on Altech's land in Saxony, Germany. The facility intends to produce CERENERGY(R) battery modules to provide grid storage solutions to the market.

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Nevada Sunrise Initiates Data Review to Develop New Drill Targets at the Coronado Copper Project, Nevada

Nevada Sunrise Initiates Data Review to Develop New Drill Targets at the Coronado Copper Project, Nevada

Nevada Sunrise Metals Corporation (TSXV: NEV) (OTCBB: NVSGF) ("Nevada Sunrise" or the "Company") is pleased to announce that the Company has initiated a geological and geophysical data review on its Coronado Copper Project (" Coronado ", or the " Project ") located in Pershing County, Nevada approximately 48 kilometers (30 miles) southeast of Winnemucca . The purpose of the Coronado data review is to identify new, shallow drill targets in an area of the Project where historical drilling in 1976 identified high-grade copper mineralization.

Highlights of the Coronado Copper Project

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NextSource Materials Appoints Jaco Crouse as Chief Financial Officer

NextSource Materials Appoints Jaco Crouse as Chief Financial Officer

NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") announces the appointment of Jaco Crouse as Chief Financial Officer (CFO) of the Company as part of its global growth strategy

Mr. Crouse today replaces Marc Johnson who has served as CFO since October 2015. Mr. Johnson will continue to provide consulting services to the Company to assist with the smooth transition of this role. The Board of Directors of the Company would like to thank Mr. Johnson for his service to the Company over the years and wishes him well in his future endeavours.

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Nevada Sunrise Signs Indicative Term Sheet to Sell Remaining Interest in the Kinsley Mountain Gold Project, Nevada

Nevada Sunrise Signs Indicative Term Sheet to Sell Remaining Interest in the Kinsley Mountain Gold Project, Nevada

Nevada Sunrise Metals Corp. (TSXV: NEV) (OTCBB: NVSGF) ("Nevada Sunrise" or the "Company") announced today that it has signed a non-binding, indicative term sheet with CopAur Minerals Inc. (" CopAur ") for CopAur to acquire Nevada Sunrise's remaining ownership interest in the Kinsley Mountain Gold Project in Nevada (" Kinsley Mountain "). If the transaction is completed, CopAur will own 100% of Kinsley Mountain .

Nevada Sunrise Metals Corporation Logo (CNW Group/Nevada Sunrise Metals Corporation)

The indicative term sheet outlines a potential transaction whereby CopAur would acquire Nevada Sunrises' 18.74% ownership interest in Kinsley Mountain in consideration of the payment of CDN$475,000 and the issuance of 1,000,000 common shares of CopAur (the "Shares"). The Shares would be deposited in escrow and released in successive releases of 250,000 Shares once every calendar quarter commencing after expiry of the four-month statutory hold period following the closing date. The terms of the transaction are indicative and the final terms are subject to the negotiation and completion of a definitive agreement on terms acceptable to Nevada Sunrise and CopAur. The transaction is subject to a number of conditions including CopAur arranging a financing in the amount of a minimum of CDN$475,000 , completion of satisfactory due diligence, and the fulfilment of various closing conditions, including acceptance by the TSX Venture Exchange.

About Kinsley Mountain

Kinsley Mountain was a historical past producer that yielded 138,000 ounces of near-surface, open-pit oxide gold between 1995 and 1999, and currently hosts a compliant National Instrument 43-101 mineral resource. A technical report on Kinsley Mountain entitled "Technical Report of the Kinsley Project, Elko and White Pine Counties, Nevada, U.S.A. ", dated June 21, 2021 , with an effective date of May 5, 2021 , prepared by Michael M. Gustin and Gary L. Simmons , is available for review under New Placer Dome Gold Corp.'s issuer profile on sedarplus.ca

About Nevada Sunrise

Nevada Sunrise is a junior mineral exploration company with a strong technical team based in Vancouver, BC , Canada , that holds interests in lithium, gold and copper exploration projects located in the State of Nevada, USA .

Nevada Sunrise owns 100% interests in the Gemini, Jackson Wash and Badlands lithium projects, all of which are located in the Lida Valley in Esmeralda County, NV , and in the Pelican lithium project in Saskatchewan, Canada . The Company owns Nevada Water Right Permit 86863, also located in the Lida Valley basin, near Gold Point, NV.

Nevada Sunrise has the right to earn a 100% interest in the Coronado Copper Project , located approximately 48 kilometers (30 miles) southeast of Winnemucca, NV.

The Company owns an 18.74% interest in the Kinsley Mountain Gold Project near Wendover, NV , in a joint venture with CopAur, which is now the subject of a potential transaction between Nevada Sunrise and CopAur.

FORWARD LOOKING STATEMENTS

This release may contain 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 and include disclosure of anticipated exploration activities. 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 forward looking statements. Forward–looking statements are based on the beliefs, estimates and opinions of the Company's management on the date such statements were made. The Company expressly disclaims any intention or obligation to update or revise any forward–looking statements whether as a result of new information, future events or otherwise.

Such factors include, among others, risks related to: the completion of the potential transaction with CopAur Minerals Inc. for the purchase of the Company's remaining participating interest in the Kinsley Mountain Gold Project joint venture; reliance on technical information provided by third parties on any of our exploration properties; changes in project parameters as plans continue to be refined; current economic conditions; future prices of commodities; possible variations in grade or recovery rates; failure of equipment or processes to operate as anticipated; the failure of contracted parties to perform; labor disputes and other risks of the mining industry; delays due to pandemic; delays in obtaining governmental approvals, financing or in the completion of exploration, as well as those factors discussed in the section entitled "Risk Factors" in the Company's Management Discussion and Analysis for the Six Months Ending March 31 , 2024,  which is available under Company's SEDAR profile at www.sedar.com .

Although Nevada Sunrise has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Nevada Sunrise disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise. Accordingly, readers should not 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 TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Nevada Sunrise Metals Corporation

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/July2024/08/c5338.html

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