ezbet slot
Not for distribution to U.S. news wire services or dissemination in the United States. TORONTO, ON / ACCESSWIRE / December 13, 2024 / Electric Metals (USA) Limited ("EML" or the "Company") (TSXV:EML)(OTCQB:EMUSF) announces that, further to its news release dated October 31, 2024 , it has closed the first tranche of the Company's non brokered private placement (the "Offering") issuing an aggregate of 5,837,000 common shares ("the "Shares") at $0.10 per share for gross proceeds of C$583,700. The Company also announces that it has obtained an additional 30-day extension from the TSX Venture the "TSXV") Exchange to close a second tranche of the Offering. The final closing and filing acceptance of all documentation required by the TSXV in respect of the Offering has been extended from December 13, 2024, to January 13, 2025. The Shares issued under the Offering will be subject to a statutory hold period expiring four months and one day from the date of issuance of such securities for Canadian subscribers and six months from the date of issuance for U.S. subscribers. Under the Offering, directors of the Corporation have subscribed for a total of 3,737,000 Shares for a total consideration of C$373,700, which constitutes a "related party transaction" within the meaning of Regulation 61-101 respecting Protection of Minority Security Holders in Special Transactions ("Regulation 61-101") and TSXV Policy 5.9 - Protection of Minority Security Holders in Special Transactions. However, the directors of the Corporation who voted in favor of the Offering have determined that the exemptions from formal valuation and minority approval requirements provided for respectively under subsections 5.5(a) and 5.7(1)(a) of Regulation 61-101 can be relied on as neither the fair market value of the Shares issued to this insider, nor the fair market value of the consideration paid exceeded 25% of the Corporation's market capitalization. None of the Corporation's directors have expressed any contrary views or disagreements with respect to the foregoing. A material change report in respect of this related party transaction will be filed by the Corporation but could not be filed earlier than 21 days prior to the closing of the Offering, due to the fact that the terms of the participation of each of the non-related parties and the related parties of the Offering were not confirmed. The securities of the Company have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") or any U.S. state securities laws and may not be offered or sold in the United States absent registration or an available exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there by any sale of the securities referenced in this press release, in any jurisdiction in which such offer, solicitation or sale would be unlawful. About Electric Metals (USA) Limited Electric Metals (USA) Limited (TSXV:EML)(OTCQB:EMUSF) is a US-based mineral development company with manganese and silver projects geared to supporting the transition to clean energy. The Company's principal asset is the Emily Manganese Project in Minnesota, the highest-grade manganese deposit in North America, which has been the subject of considerable technical studies, including National Instrument 43-101 Technical Reports - Resource Estimates. The Company's mission in Minnesota is to become a domestic US producer of high-value, high-purity manganese metal and chemical products to supply the North American electric vehicle battery, technology and industrial markets. With manganese playing a critical and prominent role in lithium-ion battery formulations, and with no current domestic supply or active mines for manganese in North America, the development of the Emily Manganese Project represents a significant opportunity for America, the State of Minnesota and for the Company's shareholders. For further information, please contact: Electric Metals (USA) Limited Brian Savage CEO & Director (303) 656-9197 or Valerie Kimball Director Investor Relations 720-933-1150 info@electricmetals.com Forward-Looking Information This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is generally identifiable by use of the words "believes," "may," "plans," "will," "anticipates," "intends," "could", "estimates", "expects", "forecasts", "projects" and similar expressions, and the negative of such expressions. Such statements in this news release include, without limitation: the ability of the Company to complete the Offering; the size, terms and timing of the Offering; participation in the Offering by insiders of the Company; the timing and receipt of TSXV and other approvals required in connection with the Offering; the intended use of proceeds of the Offering; the Company's mission to become a domestic US producer of high-value, high-purity manganese metal and chemical products to supply the North American electric vehicle battery, technology and industrial markets; that manganese will continue to play a critical and prominent role in lithium-ion battery formulations; that with no current domestic supply or active mines for manganese in North America, the development of the Emily Manganese Project represents a significant opportunity for America, Minnesota and for the Company's shareholders; and planned or potential developments in ongoing work by Electric Metals. These statements address future events and conditions and so involve inherent risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Such risks include, but are not limited to, the failure to obtain all necessary stock exchange and regulatory approvals; investor interest in participating in the Offering; and risks related to the exploration and other plans of the Company. Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and perception of trends, updated conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances at the date such statements are made. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated. 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 information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events, or developments, except as required by law. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. SOURCE: Electric Metals (USA) Limited View the original on accesswire.comBoothby scores 16, William & Mary beats Navy 82-76
Why EV Stocks Lucid Motors, QuantumScape, and Navitas Semiconductor Rocketed Higher TodaySEATTLE (AP) — The Seattle Seahawks rode their dominant defense to a big win over a division rival to vault into first place in the NFC West. No, it isn’t 2013. These are the 2024 Seahawks, who, after struggling mightily against the run earlier this season, held the visiting Arizona Cardinals to 49 rushing yards in Sunday's 16-6 victory . The defensive line kept Kyler Murray under consistent pressure thanks to a dominant performance from Leonard Williams, the secondary flew around to smack away passes, and safety Coby Bryant scored on a 69-yard pick-6. Sunday's defensive performance was reminiscent of the Seahawks of a decade ago and a promising sign that first-year coach Mike Macdonald’s system is starting to click. Macdonald, who coordinated Baltimore's NFL-best defense last year, was leading one of the worst rush defenses in the league earlier this season. But Seattle consistently stuffed the Cardinals, who came in as the fifth-best running team in the league at 149.4 yards per game. “Three games in a row now we played pretty decent on defense,” Macdonald said. “There is an expectation and standard here throughout the course of our Seahawks history that we’re trying to live up to and build on. So that’s the idea.” At 6-5, the Seahawks drew even with the Cardinals in the tightly bunched division. The teams play each other again in two weeks at Arizona. Last month's trade for linebacker Ernest Jones IV has clearly paid off. Seattle hasn't allowed a running back to rush for more than 79 yards since its Week 8 loss to Buffalo, which was Jones' first game in a Seahawks uniform. He has led the team in tackles in every game he's played and has helped resurrect the run defense. The Seahawks' run game continues to underperform. Seattle got 65 yards on the ground Sunday, with the Cardinals holding Kenneth Walker III to 41 yards on 16 attempts. Zach Charbonnet had 22 yards on six carries. Walker hasn’t topped 100 yards since Week 1. Offensive coordinator Ryan Grubb needs to think of something different to get the running backs involved. Williams single-handedly disrupted the Cardinals with 2 1/2 sacks, four quarterback hits, three tackles for loss and one pass defensed. “I thought he was dominant,” Macdonald said. “I knew he played great and then I looked at the stat line and he played out of his mind.” Story continues below video The Seahawks finished with five sacks, seven quarterback hits, five tackles for loss and six pass deflections against the Cardinals, shutting down a team that had averaged 29.3 points over its previous three games. Geno Smith finished with 254 yards passing and a touchdown, but he threw another momentum-stalling interception. Smith was picked off on a third-and-6 play on the Arizona 18-yard line at the start of the fourth quarter, ending an 11-play, 73-yard drive. Smith has an NFL-most 12 interceptions this season, more than in either of his previous two seasons as the Seahawks' full-time starter. “That was a huge drive for us. ... Obviously made a terrible mistake down there, something I got to clean up,” Smith said. “But it was a big drive. We wanted to put the game ahead at least two scores.” The offensive line has contributed to the problem. Guard Anthony Bradford left with an ankle injury, and the line struggled to protect Smith, who was sacked five times. Macdonald said Bradford is expected to miss next week's game. 77 — Jaxon Smith-Njigba led the team with six catches for 77 yards and a touchdown, marking the fourth consecutive game that Smith-Njigba has led the team in receptions. He topped 100 yards receiving in the previous two games. “He’s getting open,” Smith said. “He’s catching the ball. He’s doing a great job in the screen game. All-around great player. I just think the way that teams are playing us coverage-wise, I feel like it’s the ultimate sign of respect.” The Seahawks play at the struggling New York Jets on Sunday. AP NFL: https://apnews.com/hub/nfl
( MENAFN - Jordan Times) AMMAN - The Jordanian Businessmen Association (JBA) and the Scottish Asian Business Chamber in Glasgow on Wednesday signed an agreement to establish a joint Jordanian-Scottish Business Council. The initiative seeks to bolster economic, investment and trade ties between the two countries. The agreement was formalised during a meeting between the Jordanian economic delegation, currently visiting the United Kingdom, and representatives of the chamber, according to a statement issued by the JBA. Abdulrahman Abu Tair, a JBA board member and head of the delegation, highlighted Jordan's strategic location as a gateway to the Middle East, offering significant investment opportunities in sectors such as renewable energy, tourism, and technology. He stressed the Kingdom's investor-friendly policies and extended an invitation to Scottish businesses to visit Jordan and explore potential partnerships. Abu Tair also underscored the importance of fostering collaboration through private sector meetings, workshops, and knowledge-sharing initiatives, particularly in advanced technology and innovation, referring to the potential for enhanced cooperation in tourism. JBA Director General Tareq Hijazi reviewed the association's efforts to attract investments, including the signing of memoranda of understanding and the formation of business councils to promote partnerships globally. He said that Jordan-Scotland trade volume reached some JD68 million in 2023. The council is expected to serve as a platform for deepening economic collaboration and exploring mutual opportunities. MENAFN24112024000028011005ID1108920938 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.Brexit boost for UK’s charcuterie producers as sales soarShould You Donate Your Points and Miles to Charity?
Rays to Play 47 of First 59 Games in 2025 MLB Season at Home After Schedule ChangesIn a rapidly evolving tech landscape, Oracle Corporation (NYSE:ORCL) finds itself at a pivotal juncture against a backdrop of thriving AI-related stocks. Despite a whirlwind of activity in the realm of AI investments, Oracle’s position remains intriguing amidst varying analyst insights. CJ Muse, an analyst at Cantor Fitzgerald, recently commented on the novel nature of AI investments, highlighting a significant departure from typical tech cycles. He noted major tech firms are channeling billions into AI, and yet they’re managing to generate substantial free cash flow. Muse emphasizes that this investment cycle is critical as companies push towards achieving artificial general intelligence (AGI), requiring advanced computing power to enhance AI reasoning capabilities. As various AI stocks garner attention due to positive analyst ratings and noteworthy developments, Oracle’s performance draws mixed reviews. Monness, Crespi, Hardt analysts recently shifted their stance on ORCL to a “Sell” rating , citing that its stock price may have outstripped its value compared to historical benchmarks. Despite a strong showing fueled by generative AI trends, concerns about Oracle’s increased capital expenditure plans for fiscal 2025 linger, seen as possibly unsustainable. While Oracle continues to make strides in cloud infrastructure, bolstered by strategic partnerships like the one with Amazon, the firm faces stiff competition from industry giants in the public cloud space. Despite these challenges, Oracle ranks 7th among promptly buzzing AI stocks due to its continued innovation and market presence. For those eyeing promising AI opportunities, exploring under-the-radar stocks might offer a chance for more substantial returns over a shorter period than established names like Oracle, as noted in recent financial analyses. Is Oracle Navigating the AI Wave Successfully? Unveiling Insights and Predictions Oracle Corporation is at a critical juncture amidst a flourishing landscape of AI-related investments, with varied insights from analysts marking its trajectory. As the tech giant makes headway in the AI domain, let’s explore some fresh perspectives and critical elements that are shaping its journey. Market Insights and Analysis In the rapidly advancing realm of artificial intelligence, Oracle’s strategic positioning is under scrutiny. While Oracle is making significant inroads in cloud infrastructure and AI, its approach has drawn mixed reviews from analysts. In particular, there is debate about whether Oracle’s market value has exceeded its fundamental worth, a concern accentuated by Monness, Crespi, Hardt analysts’ recent “Sell” recommendation. Pros and Cons of Oracle’s AI Strategy # Pros 1. Cloud Expansion : Oracle is enhancing its cloud-based offerings, a critical growth area in the era of digital transformation. 2. Strategic Partnerships : Collaborations with major firms, such as Amazon, highlight Oracle’s efforts to stay competitive. # Cons 1. Valuation Concerns : Analysts have raised concerns about Oracle’s stock being possibly overvalued, given historical benchmarks. 2. Sustainability of Capital Expenditures : Increased spending in fiscal 2025 raises questions about the long-term sustainability of its investments. AI Investment Trends and Innovations Oracle is navigating an AI investment cycle marked by substantial enhancements in computing power. The broader tech industry is pushing toward achieving artificial general intelligence, and Oracle’s efforts are pivotal in this ambition. However, while Oracle is among the top AI stocks, other emerging companies are capturing attention due to potentially higher short-term returns. Predictions and Future Directions Moving forward, analysts predict Oracle will face stiff competition from leading cloud providers. However, its continuous investment in AI and infrastructure could bolster its position in the market. As AI becomes more ingrained in various industries, Oracle’s efforts in cultivating strategic partnerships and enhancing its offerings may prove influential. Final Thoughts Oracle’s journey through the AI landscape is emblematic of both the challenges and opportunities presented to established tech firms. Staying competitive requires balancing innovation with sustainable growth strategies. As the company navigates this pivotal period, stakeholders and investors will need to closely monitor these dynamics to fully leverage Oracle’s potential in the evolving tech market. For more information on Oracle and its technological advancements, visit the Oracle website .After rough start under coach Mike Macdonald, the Seahawks' defense has become a strength