“Security of supply by global leading economies of strategic and rare metals such as tungsten has been a theme that has grown in importance over recent years,” stated Almonty CEO Lewis Black, adding that more then 83 per cent of the supply of tungsten is produced by China. and Hannae For T, Ltd to strengthen the South Korean domestic supply chain through the joint promotion of recycling of rare metals using scrap resources and tungsten concentrates for Korean domestic consumption in the semiconductor and battery sectors. ( AII-T) announced that it has signed a memorandum of understanding with Korean Mine Rehabilitation and Resource Corp. this week as part of the previously announced financing effort for the company’s potash development project located near Tugaske, Sask.Īlmonty Industries Inc. Gensource also said in a release that its representatives are in London, U.K. All other expenses related to general working capital purposes.” It said the loss in the latest quarter “principally relates to general and administrative expenses of $822,489 and depreciation of $13,023. ( GSP-X) reported a fourth-quarter loss of $867,347 or a penny per share versus a loss of $167,638 or nil per share a year earlier, according to documents filed on. He replaces Larry Taddei who will step down from the CFO role to pursue other opportunities, the company stated. ( MAG-T) announced the appointment of Fausto Di Trapani as chief financial officer effective May 20. Net income of US$17.9-million compared to a loss of US$5.1-million a year earlier. ( BITF-X) reported fourth-quarter revenue of US$59.6-million, up from US$11.3-million a year earlier.
Interdynamix is Converge’s 29th acquisition since October 2017, the company stated.īitfarms Ltd. “The organization is known in the IT industry as a world leader in solving business problems with innovative solutions and services, ranging from cloud computing and infrastructure to open-source consulting,” the company stated. ( CTS-T) announced it’s acquiring Interdynamix (IDX), an Alberta-based next-generation systems integrator focused on business, engineering, and innovation. The company said Brookfield Renewable will invest in hybrid security that implies a pre-money valuation of approximately $300-million, “recognizing the significant value created to date for existing shareholders.”Ĭonverge Technology Solutions Corp.
“We are excited to be receiving substantial backing from Brookfield Renewable, who share our strategic approach to carbon abatement,” said Michael Belenkie, CEO of Advantage.
announced a strategic $300-million investment agreement with Brookfield Renewable to scale up the deployment of its carbon capture and storage technology globally. Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making news and on the move today.Īdvantage Energy Ltd.
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