Thursday, March 28, 2024

Spring into Cleantech (TSXV: $EVGN.V) (TSXV: $NHHH.V) (TSXV: $GII.V) (TSXV: $AMY.V)

Spring into Cleantech (TSXV: $EVGN.V) (TSXV: $NHHH.V) (TSXV: $GII.V) (TSXV: $AMY.V)

 

Focus on Renewables Stocks - (TSXV: $WEB.V) (AQSE: $HFI.AQ) (LSE: $RWI.V) (LSE: $SAE.L)

 

 



 

 

March 28, 2024 – (Investorideas.com Newswire) Investorideas.com, a global news source and expert investing resource, announces today’s roundup of stocks to watch in the Cleantech sector.

 

Read this in full at https://www.investorideas.com/news/2024/main/03281Stocks.asp

 

The newest cleantech companies are involved in renewable energy, carbon emission reduction, lithium-ion battery recycling, solar PV projects, green hydrogen production systems, waste-to-products and battery energy storage.

 

New Stocks Added to the Cleantech Directories:

EverGen Infrastructure Corp (TSX-V:EVGN) Canada’s Renewable Natural Gas Infrastructure Platform, is combating climate change and helping communities contribute to a sustainable future. Headquartered on the West Coast of Canada, EverGen is an established independent renewable energy producer which acquires, develops, builds, owns, and operates a portfolio of Renewable Natural Gas, waste to energy, and related infrastructure projects. EverGen is focused on Canada, with continued growth expected across other regions in North America and beyond.

 

FuelPositive Corp (TSX-V:NHHH) is at the forefront of Canadian technology and is committed to delivering sustainable, environmentally responsible Green Ammonia solutions. Our innovative approach includes on-farm/on-site, containerized Green Ammonia production systems, effectively eliminating carbon emissions. Our commercial Green Ammonia systems are versatile, serving multiple applications, including fertilizer for farming, fuel for grain drying, internal combustion engines, and hydrogen storage for fuel cells and other sectors.

 

ReGen III Corp (TSX-V:GII) is a cleantech company commercializing its patented ReGen™ technology to upcycle UMO into high-value Group III base oils. With a focus on creating sustainable solutions that generate better environmental outcomes and compelling economics, the Company's ReGen™ process is expected to reduce CO2e emissions by 82% as compared to virgin crude derived base oils combusted at end of life. Operating in an underserved segment of the base oil market, ReGen III aims to become the world's largest producer of sustainable Group III base oil.

 

RecycLiCo Battery Materials (TSX-V:AMY) is a battery materials company specializing in sustainable lithium-ion battery recycling and materials production. RecycLiCo has developed advanced technologies that efficiently recover battery-grade materials from lithium-ion batteries, addressing the global demand for environmentally friendly solutions in energy storage. With minimal processing steps and up to 99% extraction of lithium, cobalt, nickel, and manganese, the patented, closed-loop hydrometallurgical process turns lithium-ion battery waste into battery-grade cathode precursor, lithium hydroxide, and lithium carbonate for direct integration into the re-manufacturing of new lithium-ion batteries.

 

Westbridge Renewable Energy Corporation         (TSX-V:WEB) develops best-in-class, utility-scale solar PV projects. The Company has a portfolio of projects in three key jurisdictions, Canada, the U.S., and the UK. Westbridge plans to deliver attractive, long-term returns by originating, executing, and developing an international portfolio of renewable assets for investors and utilities. Management has a strong track-record with 40+ projects developed worldwide, obtaining, and executing permits within budget. As one of the very few listed pure-play Canadian solar development companies, Westbridge provides its ESG minded investors with valuable access to greenfield solar projects. This means the Company can invest at the earliest stage of solar energy development benefiting from the full value chain as well as the expected wider adoption of renewable energy going forward. Westbridge brings together regulators, corporate buyers, and landowners with the goal of delivering clean, sustainable electricity to end users.

 

Hydrogen Future Industries PLC (AQSE:HFI) engages in the research and development of proprietary wind and water based green hydrogen production systems in the United Kingdom and North America.

 

Renewi PLC (LSE:RWI) provides waste-to-product services. The company operates through Commercial Waste, Minerals & Water, and Specialities segments.

 

SIMEC Atlantis Energy Ltd (LSE:SAE) is a global developer, owner and operator of sustainable energy projects. SAE owns the world’s flagship tidal stream project, MeyGen. SAE is also the owner of the Uskmouth Power Station site that is being repurposed into a sustainable energy park, initially housing one of the UK’s largest battery energy storage projects.

 

The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.

 

 


Investing in renewable energy and cleantech stocks is a smart move in today's market.  -  
https://www.investorideas.com/Companies/RenewableEnergy/

 

 

 

If you're interested in investing in this sector check out the Free Renewable Energy Stocks Directory.

 

 


Stay up to date with the latest news and developments by signing up for our news alerts. Hear interviews with thought leaders and cleantech stock news with our 
Cleantech Podcast.

 

 

 


About Investorideas.com - Big Investing Ideas

Investorideas.com is the go-to platform for big investing ideas. From breaking stock news to top-rated investing podcasts, we cover it all. Our original branded content includes podcasts such as Exploring Mining, Cleantech, Crypto Corner, Cannabis News, and the AI Eye. We also create free investor stock directories for various sectors, including gaming, biotech, tech and sports. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors. Paid content is always disclosed.

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

Learn more about our news, PR and social media, podcast and ticker tag services at Investorideas.com

https://www.investorideas.com/Investors/Services.asp

 

Learn more about advertising and guest posts

https://www.investorideas.com/Advertise/

 

Follow us on Twitter https://twitter.com/Investorideas

Follow us on Facebook https://www.facebook.com/Investorideas

Follow us on YouTube https://www.youtube.com/c/Investorideas

 

Contact Investorideas.com to be added to our stock directories or learn more about us

Dawn Van Zant and Cali Van Zant

 

800 665 0411

 


 


Wednesday, March 27, 2024

Follow the Money in Defense Stocks (NYSE: $KULR) (NYSE: $LMT) (NYSE: $RTX) (NYSE: $NOC) @KULRTech @LockheedMartin @RTX_News @northropgrumman

 

Follow the Money in Defense Stocks (NYSE: $KULR) (NYSE: $LMT) (NYSE: $RTX) (NYSE: $NOC) @KULRTech @LockheedMartin @RTX_News @northropgrumman

 

The Sky’s the Limit

 



March 27, 2024- Investorideas.com, a go-to investing platform covering defense and energy stocks releases a news report on recent contract news and contracts within the defense industry, featuring KULR Technology Group, Inc (NYSE:KULR), a leading energy management platform company offering proven solutions that play a critical role in accelerating the electrification of the circular economy.

 

Read this article, featuring KULR in full at: https://www.investorideas.com/news/2024/defense/03271Stocks.asp

 

According to GlobalData, “The global missiles and missile defense systems (MMDS) market is valued at $45.2 billion in 2023 and will grow at a compound annual growth rate (CAGR) of more than 4% during 2023-2033. The MMDS market will be driven by the rise in air defense modernization and advanced precision strike missile procurement programs by key defense spending countries, such as the US, Russia, China, India, Poland, and the UK, among others. The increased focus on the development and procurement of newer-generation missiles and sophisticated missile defense systems by key military powers is expected to further drive market growth over the forecast period.”

 

KULR Technology Group, Inc(NYSE: KULR), with a long history in the defense industry expands  its footprint, and just announced receiving a six-figure contract from Lockheed Martin (NYSE: LMT) for developing phase change material ("PCM") heat sinks that are pivotal for the thermal regulation of essential electronics within long-range precision missiles. This achievement follows a series of successful evaluations that showcased the efficiency of KULR's solutions in cooling critical onboard systems. 

 

With over two decades of pioneering work in heat dissipation technologies, KULR has become a trusted provider for demanding sectors including defense, aerospace and beyond. This latest contract with Lockheed Martin underscores KULR's role as a source of innovative cooling solutions.

 

From the news: KULR's PCM heat sinks stand out for their efficient, lightweight, and durable design, ideal for managing the heat loads of systems requiring intense, short bursts of power. Such capabilities are crucial for maintaining the reliability and performance of sophisticated missile electronics. Lockheed Martin's selection of KULR for this project reflects confidence in the company's ability to meet the high standards required for aerospace and defense applications.

 

Ted Krupp, KULR’s VP of Sales and Marketing expressed pride in this collaboration, stating, "Our partnership with Lockheed Martin validates our drive for excellence and innovation in managing high-stakes thermal challenges. Our work is critical for enhancing the capabilities of precision-guided weaponry." KULR remains at the forefront of thermal regulation technology, continuously evolving its solutions to support safer, more efficient electronic and battery systems across a variety of applications.

 

From the news: According to Straits Research, the global electronic warfare market size is estimated to reach an expected value of USD 27.79 billion by 2030, registering a CAGR of 5.8% during the forecast period of 2022 to 2030.

 

KULR Technology‘s stock has been trading up following last week’s defense industry news on the receipt of an additional purchase order from the United States Army, increasing the total contract value to $1.81 million. This latest order propels the project into its final phase, scheduled for completion by August 2024, with KULR having already achieved significant milestones in the development of next-generation battery solutions for advanced aviation.

 

 

Earlier in March, the US Army awarded Lockheed Martin (NYSE: LMT) a $219 million contract to produce more Early Operational Capability (EOC) Precision Strike Missiles (PrSM).

 

The award is the fourth production contract to date for the long-range surface-to-surface missile, which will allow for a significant increase in production capacity to meet Army demand.

 

Lockheed Martin delivered the first missiles in December 2023 following a successful November production qualification test.

 

Initial deliveries achieved a major modernization milestone for the U.S. Army, securing needed long-range precision fires capability.

 

“We’re proud to deliver this long-range deterrent capability to our Army customer and continue work to advance the program and production on an aggressive schedule,” said Jay Price, Vice President of Precision Fires at Lockheed Martin.

 

Raytheon, an RTX (NYSE: RTX) business, was recently awarded a $1.2 billion contract to supply Germany with Patriot® air and missile defense systems. These systems will augment Germany's existing air defense infrastructure with additional Patriot equipment.

 

Patriot is a combat-proven air and missile defense system. These new Patriot systems will augment Germany’s existing air defense infrastructure.

 

The scope of the contract includes the most current Patriot Configuration 3+ radars, launchers, command and control stations, associated spares and support.

 

Patriot is the backbone of air defense for 19 countries, including Germany, the US and Ukraine. The formidable, combat-proven performance of Patriot continues to demonstrate its effectiveness against the most advanced and complex threats.

 

"This contract reflects the global emphasis on advanced air and missile defense capabilities and the steadfast confidence in Patriot," said Tom Laliberty, President of Land and Air Defense Systems at Raytheon. "With this expansion, Germany will not only modernize its own significant air defense but enhance its interoperability with allies and further strengthen a core NATO mission."

 

Also looking for a piece of the pie in Germany, Northrop Grumman Corporation (NYSE: NOC) and Diehl Defence GmbH & Co. KG recently signed a Memorandum of Understanding (MOU) formalizing their commitment to work together to support innovative layered air and missile defense capabilities for Germany.

 

Northrop Grumman’s expertise in IAMD and control capabilities, such as the US Army’s Integrated Battle Command System (IBCS), complements Diehl’s state-of-the-art ground based air and missile defense systems, such as IRIS-T SLM, by enabling integration and interoperability with allied systems.

 

From the news: The MOU facilitates collaboration by allowing the companies to use their expertise to explore advanced technologies that would support the seamless integration of Germany’s air and missile defense systems. The memorandum also addresses the critical need for NATO and European allies to modernize IAMD capabilities. 

 

For investors following the defense sector, the rise in the number of conflicts and the increase in spending for defense across the globe, make this a sector to watch. For smaller companies like KULR Technology Group, Inc(NYSE:KULR), the defense industry represents an opportunity to capitalize on their innovative energy efficiency technology solutions and the sky is the limit.

 

Research defense stocks at Investorideas.com

https://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp

 

About Investorideas.com - Big Investing Ideas

Investorideas.com is the go-to platform for big investing ideas. From breaking stock news to top-rated investing podcasts, we cover it all. Our original branded content includes podcasts such as Exploring Mining, Cleantech, Crypto Corner, Cannabis News, and the AI Eye. We also create free investor stock directories for sectors including mining, crypto, renewable energy, gaming, biotech, tech, sports and more. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors. Paid content is always disclosed.

 

Disclaimer/Disclosure: Our site does not make recommendations for purchases or sale of stocks, services or products.  This is not investment opinion: Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. Disclosure: this news article featuring KULR is a paid for news release on Investorideas.com - More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

Follow us on Twitter @investorideas

Follow us on Facebook https://www.facebook.com/Investorideas

Follow us on YouTube https://www.youtube.com/c/Investorideas

 

Contact Investorideas.com

800-665-0411

 



Get more Defense Stock Investor Ideas - news, articles, and stock directories

 

Tuesday, March 26, 2024

Global Electronic Warfare Market Size Expected To Reach $24.76 Billion By 2029; (NYSE American: $KULR)(NYSE: $LMT)(NYSE: $NOC) (NYSE: $RTX)(NYSE: $GD) @FNMgroup @KULRTech

Global Electronic Warfare Market Size Expected To Reach $24.76 Billion By 2029; (NYSE American: $KULR)(NYSE: $LMT)(NYSE: $NOC) (NYSE: $RTX)(NYSE: $GD) @FNMgroup  @KULRTech

 


Palm Beach, FL – March 26, 2024 – FN Media Group News Commentary – The Global Electronic Warfare market size has been steadily rising and is projected by numerous reports to continue to see significant growth throughout the decade. The electronic warfare market is marked by the presence of global and local players competing in technology and product offerings; Some major market players are Lockheed Martin Corporation, L3Harris Technologies, Inc., Northrop Grumman Corporation, RTX Corporation, and Leonardo S.p.A., amongst others. A report from Mordor Intelligence projected that the Electronic Warfare Market size is estimated at USD 19.30 billion in 2024, and is expected to reach USD 24.76 billion by 2029, growing at a CAGR of 5.11% during the forecast period (2024-2029).  The report said: “The ongoing border disputes between several nations as well as the changing nature of modern warfare are expected to generate substantial demand for sophisticated electronic warfare systems that possess advanced capabilities thereby generating significant market growth during the forecast period. Moreover, the development of multilayered defensive systems owing to significant technological developments as well as the growing integration of electronics into military hardware is expected to bolster the growth of the market in the coming years.  Significant progress in terms of the development of cognitive electronic warfare which refers to the integration of advanced technologies such as artificial intelligence (AI) and neural networks to manufacture faster systems with minimal lag in threat detection and tracking will alter the current market dynamics, drive innovation from the market players and create potential business opportunities during the forecast period.”   Active defense stocks in news today include:  KULR Technology Group, Inc. (NYSE: KULR), Lockheed Martin (NYSE: LMT), Northrop Grumman Corporation (NYSE: NOC), RTX Corporation (NYSE: RTX), General Dynamics Corporation (NYSE: GD).

 

Read this in full at https://www.financialnewsmedia.com/global-electronic-warfare-market-size-expected-to-reach-24-76-billion-by-2029/

 

Mordor Intelligence concluded: “Various players in the market are investing significantly in research and developing advanced next-generation warfare products having higher electromagnetic capabilities. Furthermore, various players are collaborating with defense forces worldwide to understand the military requirements and develop cutting-edge technologies such as radio frequency-enabled cyber (cyber capabilities within electronic warfare systems) while also working towards business expansion. In addition, the higher geographical presence of international companies coupled with significantly growing investment in new technologies as compared to their regional counterparts is anticipated to lead to international companies increasing their market share significantly in the years to come.”

 

KULR Technology Group, Inc. (NYSE American: KULR) Enters into an Agreement with Lockheed Martin for Heat Sink Advancements in Precision Missile Electronics – KULR Technology Group, (the “Company” or “KULR”), a global leader in sustainable energy management, today proudly announces receiving a six-figure contract from Lockheed Martin (NYSE: LMT) for developing phase change material (“PCM”) heat sinks that are pivotal for the thermal regulation of essential electronics within long-range precision missiles. This achievement follows a series of successful evaluations that showcased the efficiency of KULR’s solutions in cooling critical onboard systems.  With over two decades of pioneering work in heat dissipation technologies, KULR has become a trusted provider for demanding sectors, including defense, aerospace, and beyond. This latest contract with Lockheed Martin underscores KULR’s role as a source of innovative cooling solutions.

 

KULR’s PCM heat sinks stand out for their efficient, lightweight, and durable design, ideal for managing the heat loads of systems requiring intense, short bursts of power. Such capabilities are crucial for maintaining the reliability and performance of sophisticated missile electronics. Lockheed Martin’s selection of KULR for this project reflects confidence in the company’s ability to meet the high standards required for aerospace and defense applications.

 

Ted Krupp, KULR’s VP of Sales and Marketing, expressed pride in this collaboration, stating, “Our partnership with Lockheed Martin validates our drive for excellence and innovation in managing high-stakes thermal challenges. Our work is critical for enhancing the capabilities of precision-guided weaponry.” KULR remains at the forefront of thermal regulation technology, continuously evolving its solutions to support safer, more efficient electronic and battery systems across a variety of applications.

 

According to Straits Research, the global electronic warfare market size is estimated to reach an expected value of USD 27.79 billion by 2030, registering a CAGR of 5.8% during the forecast period of 2022 to 2030.  CONTINUED…  Read this entire press release and more news for KULR at:  https://www.financialnewsmedia.com/news-kulr/

 

In other defense industry developments of note:

Lockheed Martin (NYSE: LMT) recently successfully completed a Missile Defense Agency (MDA) acquisition milestone for the nation’s modernized long range ballistic missile interceptor. The company completed the first Knowledge Point – known as KP1 – ahead of schedule, taking a major contractual step forward that allows its Next Generation Interceptor (NGI) program to continue development towards the Critical Design Review (CDR).

 

During KP1, the MDA evaluated Lockheed Martin’s development progress to date. This includes completing design review milestones and demonstrating significant maturation across critical technologies, manufacturing readiness, and utility of the company’s NGI Software Factory. This KP1 achievement follows the program’s All Up Round Preliminary Design Review, which Lockheed Martin executed on-schedule in September.

 

Northrop Grumman Corporation (NYSE: NOC) recently completed tests of several crucial elements of the Sentinel intercontinental ballistic missile (ICBM), marking significant progress for the program in its engineering, manufacturing and development phase.

 

Forward and aft sections of a Sentinel ICBM missile were evaluated through a rigorous test campaign at the company’s Strategic Missile Test and Production Complex in Promontory, Utah. The tests lower risk for the program with important data about the missile’s inflight structural dynamics. Data from the tests help engineering teams mature models, lower risk and ensure flight success.

 

 

The shroud fly-off and missile modal tests were part of the company’s engineering, manufacturing, and development (EMD), or design, contract for Sentinel. Northrop Grumman is closely partnered with the Air Force as the EMD phase progresses and key milestones are achieved.

 

Pratt & Whitney, an RTX Corporation (NYSE: RTX) business, recently received full funding in the recently passed fiscal year 2024 Defense Appropriations bill for its F135 Engine Core Upgrade, which will modernize the F-35’s propulsion system to increase durability and fully-enable Block 4 capabilities and beyond starting in 2029.

 

“This bill will allow Pratt & Whitney to deliver the current and future propulsion capabilities that will keep the United States and its allies on the cutting edge of fighter engine technology,” said Jill Albertelli, president of Pratt & Whitney Military Engines. “We are incredibly thankful to our congressional allies for their steadfast commitment to supporting these programs.”

 

General Dynamics Corporation (NYSE: GD) – General Dynamics European Land Systems – Steyr (GDELS) recently announced that it has been awarded a contract to deliver an additional 225 PANDUR 6×6 EVO wheeled armored vehicles to the Austrian Armed Forces. The contract has an initial value of 1.2 billion euros (U.S. $1.3 billion).

 

GDELS already has 100 PANDUR EVO vehicles under contract, with the third batch currently in production and delivery. In addition to the delivery of state-of-the-art personnel carriers and flexible conversion kits for medical, and command & control missions, the order includes eight new vehicle variants, including vehicles equipped with a 120 mm mortar combat system, as well as mobile air defense and electronic warfare variants.

 

About FN Media Group:

At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies.

 

Follow us on Facebook to receive the latest news updates: https://www.facebook.com/financialnewsmedia

 

Follow us on Twitter for real time Market News: https://twitter.com/FNMgroup

 

Follow us on Linkedin: https://www.linkedin.com/in/financialnewsmedia/

 

DISCLAIMER:  FN Media Group LLC (FNM), which owns and operates Financialnewsmedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNM is NOT affiliated in any manner with any company mentioned herein.  FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNM was compensated forty two hundred dollars for news coverage of the current press releases issued by KULR Technology Group, Inc. by a non-affiliated third party.  FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

 

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

 

Contact Information:

Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757

 

SOURCE: FN Media Group

New Junior Uranium Miner Stock to Watch - Pegasus Resources (TSX-V: $PEGA.V) (OTCPK: $SLTFF) Samples 18.8% U308 at Energy Sands Utah; @pegasusresinc

New Junior Uranium Miner Stock to Watch - Pegasus Resources (TSX-V: $PEGA.V) (OTCPK: $SLTFF) Samples 18.8% U308 at Energy Sands Utah; @pegasusresinc



Vancouver, Canada - March 26, 2024 (Investorideas.com Newswire) Pegasus Resources Inc. (TSX-V:PEGA) (OTCPK:SLTFF) (Frankfurt:0QS0) (the "Company" or "Pegasus") proudly announces significant findings from its recent sampling program at the past-producing Energy Sands project in Utah. Out of 41 samples collected, 13 have demonstrated uranium (U3O8) grades exceeding 1%, with notable results, including sample ESRS24-016 returning 18.8% U3O8 and sample ESRS24-007 returning 3.5% U3O8.

 

Read this news, featuring PEGA in full at https://www.investorideas.com/news/2024/03261PEGA-Samples-Energy-Sands-Utah.asp

 

"The remarkable 18.8% U3O8 concentration in sample ESRS24-016 validates the high-grade uranium potential at our Energy Sands project in Utah," commented CEO Christian Timmins. "These results significantly enhance our confidence in the uranium mineralization of this asset, and this analysis will serve as a crucial guide for drill targeting and permit applications needed to take Energy Sands to drill-ready status."

 

During the 13-day program, Pegasus collected 41 grab samples using the RS-125 handheld spectrometer to locate areas of uranium mineralization. Notable samples were collected from mineralized outcrops, tailings, and historical mine workings. This completion of geological mapping and sampling is a vital step in advancing Pegasus' exploration efforts, providing valuable insights into the Energy Sands property's uranium and vanadium potential. The Company remains committed to leveraging this data for informed decision-making as it continues to pursue sustainable resource development.

 

Sample results for 13 samples with results above 1% U3O8 are included in Table 1 below. The remaining 28 samples are distributed into the following ranges.

  • 0.5% - 1% U3O8 (4 samples)
  • 0% to 0.5% U3O8 (24 samples)

 

Building on the success of the sampling program, Pegasus will now focus on finalizing drill targets and submitting applications to the Bureau of Land Management (BLM) for associated permits required for a proposed summer drill program. These proactive measures align with the Company's commitment to maximizing the value of its assets and further exploring the potential of the Energy Sands Uranium project.



Table 1: Significant Vanadium and Uranium Sample Assay Results



Figure 1: Uranium Field Sample Assay Results

Historical production on the Energy Sands Project reported by the United States Geological Survey indicates that 51.8 Tons with a grade of 0.373% U308 and 1.10% V2O5 was extracted between 1953 and 1956 (Byers & Robertson, 1956)

 

NI 43-101 Disclosure
The technical content of this news release has been reviewed and approved by Jacob Anderson, CPG, MAusIMM, who is a Resource Geologist for Dahrouge Geological Consulting USA Ltd., and a Qualified Person under National Instrument 43-101, who has prepared and/or reviewed the content of this press release.

 

Quality Assurance / Quality Control
During sampling two blank samples consisting of a quartz matrix were included among the samples submitted to Pace Analytical.

 

About Pegasus Resources Inc.
Pegasus Resources Inc. is a diversified Junior Canadian Mineral Exploration Company with a focus on uranium, gold, and base metal properties in North America. The Company is also actively pursuing the right opportunity in other resources to enhance shareholder value. For additional information, please visit the Company at www.pegasusresourcesinc.com.

 

On Behalf of the Board of Directors:

Christian Timmins
President, CEO and Director


Pegasus Resources Inc.
700 - 838 West Hastings Street
Vancouver, BC V6C 0A6
PH: 1-403-597-3410

X: https://twitter.com/MrChris_Timmins
X: https://twitter.com/pegasusresinc
E: info@pegasusresourcesinc.com

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

 

Forward-Looking Statements
Statements included in this announcement, including statements concerning the Company's plans, intentions, and expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward-looking statements." Forward-looking statements may be identified by words including "anticipates," "believes," "intends," "estimates," "expects" and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements.

 

SOURCE: Pegasus Resources Inc.

 

Pegasus Resources Inc. (TSX-V:PEGA) (OTCPK:SLTFF) (Frankfurt:0QS0) is a featured mining stock on Investorideas.com

 

More info on PEGA at Investorideas.com Visit: https://www.investorideas.com/CO/PEGA/

 

About Investorideas.com - Big Investing Ideas

Investorideas.com is the go-to platform for big investing ideas. From breaking stock news to top-rated investing podcasts, we cover it all. Our original branded content includes podcasts such as Exploring Mining, Cleantech, Crypto Corner, Cannabis News, and the AI Eye. We also create free investor stock directories for sectors including mining, crypto, renewable energy, gaming, biotech, tech, sports and more. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors. Paid content is always disclosed.

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact management and IR of each company directly regarding specific questions. Disclosure: Pegasus Resources Inc is a paid for mining client at InvestorIdeas.com. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 


Get more mining stock investor ideas- news, articles, and podcasts and stock directories