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Peppermint delivers key milestones in the last quarter, including the launch of micro-loan platform bizmoPay

Special Report: Peppermint has had another significant quarter, delivering on all key metrics which was highlighted by the launching of … Read More
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This article was originally published by Stockhead

Peppermint has had another significant quarter, delivering on all key metrics which was highlighted by the launching of bizmoPay.

Fintech company Peppermint Innovation (ASX:PIL) has had a very productive quarter, with the highlight being the delivery of its alternative non-bank micro-enterprise loan offering, bizmoPay.

In July, the company achieved a significant milestone after being awarded a financial lending licence for bizmoPay by the Philippines Securities Exchange Commission (SEC).

Following that approval, PIL immediately commenced a three-month pilot program for a select number of bizmoto agents to test out the bizmoPay platform.

The aim was to identify and optimise any friction points or blockages to ensure efficient  system operations before it started offering the loan program to more than 56,000 registered bizmoto agents.

The pilot program has rapidly expanded in the last two weeks of September to more than 150 bizmoto agents.

“Having initiated a select 10-agent pilot program to identify friction points in our bizmoPay system, we rapidly expanded the size of the pilot due to the level of interest shown by other bizmoto agents,” commented Peppermint CEO, Chris Kain.

Kain said the pilot program was so in demand that by October 12, PIL had issued 359 loans across its three different loan products – Platinum Plus, Platinum and Silver.

During the quarter, PIL also recorded cash receipts of $472,000, which was an 83% increase on the previous quarter.

The company is well funded, with a strong cash position in the bank of $2.7m at quarter end.

 

BizmoPay

The granting of a financial lending licence by the Philippines SEC allows bizmoPay to offer alternative non-bank micro-enterprise loans to qualified bizmoto agents, registered bizmoto network members, and enterprise platform partners.

bizmoPay services fully complement the commercialisation of Peppermint’s proprietary technology platform which targets four key business sectors – mobile payments, ecommerce, delivery and logistics and mobile financial services.

Based on data analysis from the first 45 days of the bizmoPay pilot program, loan recipients on average increased their transactional volume by approximately eight times across the bizmoto ecosystem of services.

“We’re starting to get a picture of an overall positive impact on the agents’ ability to conduct transactions across the platform, which is exactly what we wanted to do,” Kain told Stockhead.

And of course, the more transactions across the platform, the greater revenue that the company earns.

The bizmoPay pilot program started with only the Platinum Plus and Platinum loan products, with the shorter term and lower value Silver bizmoPay loan product commencing trials in the last week of September.

As such, no meaningful data were able to be collected for the Silver bizmoPay loan type.

The program yielded significantly different results in terms of transactional volumes and values across the first 45 days.

On average across the board, the total number of bizmoPay loan recipients completed 13 transactions during the first 45 days of the bizmoPay pilot program, and processed $1.05 per day in transactional value.

“That volume of transactions would represent an additional $22 million per annum in revenue if extrapolated across our 56,000 registered bizmoto agents,” said Kain.

“We’re also on schedule to deploy the next phase of our commercial roll-out for bizmoPay next month, whereby recipients will be able to apply for their micro-enterprise loans via their mobile app.”

Several agents significantly outperformed the average transactional volume during the first 45-day pilot period, including 20 agents who performed more than 50 transactions.

At the higher end, five agents completed more than 100 transactions, while one agent undertook more than 250 transactions.

Peppermint expects to expand bizmoPay’s agents to more than 56,000 users when the pilot is completed, with a target of $30m in micro loans over the next three years.

The graph below is an extrapolation of what the different average performance of each loan type would yield if applied across selected numbers of the registered bizmoto agent base over the same initial 45 day period of the bizmoPay pilot program:

Kain expects this simple and easy to use feature will be incredibly popular with many of its bizmoto agents.

The non-bank lending space in the Philippines is currently undergoing massive changes, especially in the mobile app space where users have exploded as more people access non-bank loan finance through their mobiles.

To capitalise on this momentum, Kain said the next level of regulatory licensing that Peppermint would be chasing is an Electronic Money Issuer (EMI) licence.

With an EMI  licence in place, he believes that Peppermint could turbocharge its capabilities in the digital transaction space.

“An EMI licence will allow us to facilitate any e-money transaction and service open-loop e-wallet accounts, providing all Filipinos – not just bizmoto agents – with a convenient and secure way to receive digital money and access digital services,” Kain said.

“Every Filipino will have the chance to receive a bizmoPay loan, paid to their bizmoto e-wallet to access the bizmoto ecosystem and agent services. We believe this will stimulate significant transaction volumes over the bizmoto platform.”

In February, the company told the market that its phase 2 objective was the launch of bizmoPay.

“We’ve done that and ticked that box, so now we’re moving to phase 3, an EMI licence which is Peppermint’s next objective in delivering financial inclusion to the Filipino people.”

 

Other significant milestones

In March, PIL signed an API agreement with the Bank of the Philippine Islands, which saw PIL’s proprietary bizmoto platform integrated into the bank’s operating systems.

The integration will begin during Q4 2021, with the product expected to go live later in 2021 or early 2022.

PIL’s strategic Merchant Biller Agreement  with Cebuana Lhuillier back in April allowed its bizmoto agents to cash in money and top up their mobile wallets at any of the 2,500 Cebuana shop fronts across the country.

The API that serves as the gateway for Cebuana Lhuillier to send funds has now been developed, with a projected go-live date later this year or early Q1 2022.

Integration of the bizmoto platform with GCash as a payments facilitator is also underway, and expected to be launched in December.

Once the GCash offer is live, bizmoto agents, riders and merchants will have exposure to approximately 46 million registered GCash users throughout the Philippines.

PIL’s bizmoTinda website meanwhile, has been improved to include multi-vendor customer and multi-vendor merchant functionality, allowing  users to register as multiple vendors or multiple merchants.

The bizmoTinda allows users to sell their own items, with the convenience of having their own website.

Other milestones during the quarter include launching a blog newsroom with the aim of providing non-ASX sensitive information and news updates about the company’s activities to shareholders.

PIL also executed a direct marketing campaign around bizmoPay during the quarter, introducing the concept of a “Planet bizmoto” community among its agents.

The primary objectives of the “Planet bizmoto” community are to experience unique value, be loyal to the brand and transact frequently within the bizmoto ecosystem.

This article was developed in collaboration with Peppermint, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

The post Peppermint delivers key milestones in the last quarter, including the launch of micro-loan platform bizmoPay appeared first on Stockhead.



Author: Special Report

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The #1 Stock for the 2022 Big Tech Boom

The semiconductor shortage has wreaked havoc on the tech boom…

Hitting revenues, and profit margins, hard over the past year.
But it could become worse,…

The semiconductor shortage has wreaked havoc on the tech boom…

Hitting revenues, and profit margins, hard over the past year.

But it could become worse, as a critical gas shortage may soon disrupt every single tech company across the industry.

The shortage of a rare gas could slow the production of all electronics, affecting both consumers and some of the largest companies in the world.

However, it’s a growing crisis that most are still completely unaware of.

While some of the biggest oil and gas companies are spending billions on capturing natural gas, another rare resource is worth roughly 100 times more today.

Where natural gas costs run between $2 and $5 per Mcf at the moment, this dwindling commodity goes for between $200 and $500 per Mcf.

 

Tech companies are spending tens of millions of dollars on the rare gas and its derivatives each and every year.

For example, just for a single space rocket launch alone, aerospace companies need an estimated $12 million worth of this substance.

Considering there have been over 100 of these launches in 2021 already, those numbers can add up quickly.

But it’s not just space travel that depends on this gas – it’s everything across the tech world.

The element is required to make the semiconductors you find in everything from electric toothbrushes to multi-ton automobiles.

It helps cool the data centers the Big Tech giants rely on to keep their servers running for their millions of customers.

It even powers the internet itself, as you can’t produce the fiber optic cables without this rare gas.

That’s why it’s so concerning seeing headlines like one from the New York Times that reads, “The Global Helium Shortage is Real.”

Demand for helium is spiking at an incredible rate today.

But supply is decreasing so quickly that even if all the international helium projects came online at once, the supply wouldn’t even last us 3 years.

The bottom line is that Big Tech needs helium more than ever, and that makes this commodity potentially more valuable than any other around when it comes to our tech-powered world.

And as the largest supplier is now phasing out of the market, that’s created a once-in-a-lifetime opportunity for public companies like Avanti Energy Inc. (TSX:AVN.V; OTCMKTS:ARGYF).

The company’s shares have already ripped higher for 249% gains so far since the start of 2021. Analysts at Beacon Securities have put a 12-month target price at $3.80 which was maintained as recently as September.  With their upcoming drilling phase set to begin, this could be just the beginning.

Which is why all eyes are turning to Avanti after they just signed the contract to begin drilling in their upcoming project, set to start just weeks from now in early December.

Here are 3 reasons why you should be paying attention to Avanti Energy Inc. (TSX:AVN.V; OTCMKTS:ARGYF) in the days ahead:

1 – The Team Behind the Last Great Oil and Gas Discovery

The Montney Formation in Western Canada is one of the biggest natural gas discoveries in recent history.

The gas there makes up around 45% of Western Canada’s gas supply. But that number is expected to climb to 65% by 2030.

In the past year, the Montney has seen at least 9 significant deals that add up to roughly C$2.3 billion, and that’s thanks in large part to the $10 billion titan, Encana (now Ovintiv).

Now, several key figures from Encana that left the oil and gas giant, have joined a small helium exploration company in Avanti.

CEO Chris Bakker and VP of Subsurface Genga Nadaraju were both instrumental in identifying and developing the Montney to become the historic discovery it is today.

As this all-star team now plows ahead at Avanti, it’s turning heads across the industry.

Plus, in addition to the leadership team coming in with world-class experience…

They’ve added two key geologists with over 50 years of combined experience to help prove up their next project.

It’s almost unheard of to see a team with direct experience developing multi-billion dollar projects landing with a company with a market cap around $70 million.

That would suggest Avanti Energy (TSX:AVN.V; OTCMKTS:ARGYF) may be onto something big with their upcoming project, especially when you pay attention to how the leadership team is preparing for their upcoming drill program.

CEO Chris Bakker has bought over $500,000 worth of Avanti stock at up to TWICE the price it’s trading at today (i.e. as high as $2.91 per share in May).

Now he’s started buying up shares again just as the announcement came last week that they’re set to begin drilling at their new property.

We’ll have to wait until sometime early in the New Year to hear news of the results, but signs like these suggest that where there’s smoke, there could soon be fire.

2 – The Next Big Billion Dollar Discovery?

In keying in on their upcoming project, Avanti’s team did an incredible amount of due diligence.

After reviewing more than 30 opportunities across Canada and the United States, they narrowed their search down to one – the Greater Knappen project.

 

The Greater Knappen straddles the US-Canadian border between Montana and Alberta, and it makes up ~69,000 acres with 10 structures on the property.

Avanti Energy (TSX:AVN.V; OTCMKTS:ARGYF) has estimated an undiscovered, unrisked resource potential could fall somewhere between 1.4 billion and 8.9 billion cubic feet of helium.

But while most of their competitors get caught up in the total potential or a project’s “showing,” Avanti’s experienced team uses a different system to see where the potential truly lies.

They focus on the pressure and how accessible the gas is, looking at a rate of recoverable helium per day.

Fortunately, in addition to all the promising 3D seismic data they’ve obtained this fall, they have something that could be even more exciting.

Looking less than 10 km up the road, Avanti’s nearby competitor gives us a sneak peek as they’re already hard at work on structures very similar to what Avanti has in the Greater Knappen.

Their competitor is producing 55,000 cubic feet per day of helium.

When you add that up at $150 per 1,000 cubic feet, that means roughly $3 million in revenue each year.

Since these structures could produce helium at that rate for 5 years, and even continue producing at a lesser rate for another 10 years, those numbers add up quickly…

Especially considering Avanti’s Greater Knappen project could produce those kinds of returns in a single zone if all goes to plan.

3 – The Tidal Wave of Catalysts is Approaching

Things are finally starting to heat up at Avanti’s property as they’re set to begin an initial 3 well drilling program on their property in the coming weeks.

 

Test results from the first well could break sometime just after the New Year.

But as Avanti Energy Inc. (TSX:AVN.V; OTCMKTS:ARGYF) plans to tick off another new well each month through May, there’s hope for a wave of steady news and exciting catalysts continuing over at least the next 6 months.

And while they’re starting with these 3 wells, Avanti has already identified 17 different drill targets, which means that could be just the start.

This all-star team has experience and a track record that could push the potential to significant highs.

Now, with Big Tech’s future success potentially dependent on another huge helium discovery, eyes are set on Avanti and the news that could be coming just weeks from today.

From helium and hydrogen to lithium and beyond, here are a few more companies to keep an eye on in the months to come:

Air Products & Chemicals (NYSE:APD) has been at the forefront of global hydrogen production for years. They recognize that this clean alternative fuel can help make an impactful dent in boosting our country’s green energy initiatives as well as reducing carbon emissions across industries by decreasing reliance on fossil fuels like coal and petroleum products, etc., which Air Product’s own extensive experience with helping others achieve sustainability goals through chemical innovation will bring about even more progress than before

Air Products and Chemicals has well over 60 years of experience producing hydrogen, and more than two decades designing fueling stations. It’s SmartFuel stations have been deployed across the globe and support a number of different unique and interesting transportation applications. The fully-integrated stations include compression, storage and dispensing systems that have proven to be safe and reliable for its customers. Though Air Products has been around for some time, the $66 billion company has had a particularly strong year in 2021 thanks to the growing interest in Hydrogen applications.

Dow Chemical Company (NYSE:DOW) is an American multinational chemical corporation headquartered in Midland, Michigan with over a century in operation. This company has been called “the chemical companies’ chemical company” as its sales are to other industries rather than directly to end-use consumers and it employs around 54 thousand people worldwide. Along with being one of the three largest producers of chemicals in the world, they also make plastics, agricultural products and more.

George Kehler, Dow’s commercial manager for Fuels and Energy, notes, “One of Dow’s options to develop a diverse portfolio to power our facilities is to produce energy off the grid through cogeneration, as well as having renewables become an increasingly more important part of the mix”

Dow is also teaming up with GM to produce hydrogen for fuel cells and reduce their reliance on natural gas. Dow produces chemicals that help the environment as well as plastics, which can be used in everyday items like water bottles or cell phones; but now they’re looking into something more than just a single product line! In addition to reducing costs by using another company’s resource (hydrogen), this partnership will also provide clean energy while making it easier – these two companies are committed not only toward improving our technological future…but extending it so we never run out!

Linde plc (NYSE:LIN) i has been in the business of manufacturing and distributing gas for over 130 years, making it one of THE oldest companies still operating today! It was founded by Carl von Linde who invented an improved process for liquefying air. Today they have customers all around the world including hospitals (especially ones that use anesthesia), petrochemical plants, steel mills – you name it; if there’s anywhere with a demand on atmospheric gases then likely someone at this factory can help meet those needs.

Linde is also involved in engineering. Linde Engineering designs and builds large-scale chemical plants for the production of industrial gases including oxygen, nitrogen, argon, hydrogen and carbon monoxide. These chemicals are used in a variety of industries from food to medicine manufacturing as well as other places like welding or gas appliances. The engineering division also develops process plants that use technologies related to natural gas processing so they can provide energy efficient solutions for their customers around the globe who want safe operations with minimal environmental impact

The company is currently looking forward into new projects such as renewable energies where it will be developing an innovative solar project combining steam power generation technology (SPG) with thermal storage modules. The 130 year old industry giant might not have some of the incredible upside potential of newer companies in the space, but that doesn’t mean it’s not worth keeping an eye on as the renewable revolution kicks into its next stages.

Xcel Energy Inc. (NASDAQ:XEL) is a leading electricity and natural gas utility that services 3 million customers in Minnesota, Michigan, North Dakota South Dakota Wisconsin Colorado Texas New Mexico among others with nearly 9KMW for its wind projects on top of another 1 600MW coming from solar generation plans over the next couple years which has increased 4x since 2011 making them one of America’s fastest growing utilities while they also plan an increase by as much 50 percent more soon!

Xcel Energy operates one of the biggest and fastest-growing investor-owned transmission systems with more than 20,000 miles of transmission lines across 10 states.  Xcel has a goal to invest $24.3 billion through 2025 to expand its operations, with 25% of that earmarked to expand its transmission business to help support increased renewable energy deployment. One of the company’s top projects is the proposed Colorado Pathway Transmission expansion that will see the company invest up to $1.7 billion to build 560 miles of new transmission lines to support 5.5 gigawatts of new renewable power generation.

Maxar Technologies (NYSE:MAXR, TSX:MAXR) is an aerospace and defense company that was founded in 2003. They have a variety of services, including satellite development, space robotics, and earth observations. One of their most well-known products is the Canadarm2 robotic arm for the International Space Station (ISS). The ISS has been operational since 1998 with more than 100 missions to date. Maxar Technologies has had a history of partnering with NASA to maintain the ISS’s systems as well as providing them with new technologies such as the Canadarm2 robotic arm. is a moon-bound tech stock to keep an eye on. While space firm specializes in satellite and communication technologies, it is also a manufacturer of infrastructure required for in-orbit satellite services, Earth observation and more. 

More importantly, however, Maxar’s subsidiary, SSL, a designer and manufacturer of satellites used by government and commercial enterprises, has pioneered research in electric propulsion systems, lithium-ion power systems and the use of advanced composites on commercial satellites. These innovations are key because they allow satellites to spend more time in orbit, reducing costs and increasing efficiency.

Thanks to Maxar’s incredible tech and innovative approach to the already extremely complicated space industry, the company has seen its share price climb where many of its peers have struggled.

Polaris Infrastructure (TSX:PIF) Is a Toronto-based renewable energy giant with a global footprint. The company’s biggest projects are in Latin America. It’s Nicaragua geothermal project, for example, is already producing over 77 MW of renewable electricity.  And in Peru, its El Carmen and 8 de Augusto power plants, is set to produce a combined 17MW of electricity in the near future.

Turquoise Hill Resources Ltd. (TSX:TRQ) is a key player in Canada’s resource and mineral industry. It is a major producer of coal and zinc, two resources with distinctly different futures. While headlines are already touting the end of coal, zinc is a mineral that will play a key role in the future of energy for years and years to come.

In addition to its zinc operations, Turquoise Hill is also a significant producer of Uranium. Uranium is a key material in the production of nuclear energy, which many analysts are suggesting could be a major component in the global transition to cleaner energy. While the mineral has not seen significant price action in recent years, there are a number of new projects set to come online across the globe in the medium term, which could be a boon to Turquoise Hill, especially as alternative energies gain traction in the marketplace. 

The Descartes Systems Group Inc. (TSX:DSG) is a Canadian multinational technology company specializing in logistics software, supply chain management software, and cloud-based services for logistics businesses. Recently, Descartes announced that it has successfully deployed its advanced capacity matching solution, Descartes MacroPoint Capacity Matching. The solution provides greater visibility and transparency within their network of carriers and brokers. This move could solidify the company as a key player in transportation logistics which is essential-and-often-overlooked in the mitigation of rising carbon emissions.

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FORWARD LOOKING STATEMENTS. This publication contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this publication include that prices for helium will significantly increase due to global demand and use in a wide array of industries (including key technology sectors) and that helium will retain its value in the future due to the demand increases and overall shortage of supply; that the Avanti team will be able to develop and implement helium exploration models, including their own proprietary models, that may result in successful exploration and development efforts; that historical geological information and estimations will prove to be accurate or at least very indicative of helium; that high helium content targets exist in the Alberta and both Montana projects; and that Avanti will be able to carry out its business plans, including timing for drilling and exploration. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information.  Risks that could change or prevent these statements from coming to fruition include that demand for helium is not as great as expected; that alternative commodities or compounds are used in applications which currently use helium, thus reducing the need for helium in the future; the degree of success of the coming drilling campaign; the accuracy of the initial estimates of helium on the land; the commercial viability of any obtainable helium, the ability to get any helium obtained to market; the accuracy of the production timeline estimates; that the Avanti team may be unable to develop any helium exploration models, including proprietary models, which allow successful exploration efforts on any of the Company’s current or future projects; that Avanti may not be able to finance its intended drilling programs to explore for helium or may otherwise not raise sufficient funds to carry out its business plans; that geological interpretations and technological results based on current data may change with more detailed information, analysis or testing; and that despite promise, there may be no commercially viable helium or other resources on any of Avanti’s properties. The forward-looking information contained herein is given as of the date hereof and we assume no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.

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Base Metals

The Mining Tech That Could Accelerate The EV Boom

Thanks to a potentially disruptive new technology, a revolution could be on the horizon in the lithium industry.This revolution – which could see lithium…

Thanks to a potentially disruptive new technology, a revolution could be on the horizon in the lithium industry.

This revolution – which could see lithium production that is faster, cheaper and more environmentally friendly – would be happening at a time when demand for lithium is extraordinarily high.

With its proprietary lithium extraction technology, this company could unlock a significant amount of potential dollar value…possibly starting with their lithium exploration properties in Thunder Bay, Ontario and James Bay, Quebec.

This company – Vancouver-based Medaro Mining (CSE:MEDA; OTC:MEDAF)  – is currently flying beneath Wall Street’s radar…but the exciting potential of its lithium extraction technology means that it may not be the case for much longer.

Global Shift to Lithium Batteries Triggers Continued Strong Demand for Lithium…for Years to Come

Lithium is now in what appears to be a long-term bull market thanks to increasing global demand.

It has become a necessary component in everything from cell phones to electric vehicles. And massive industries all around the world are transitioning to lithium batteries simultaneously.

This historic shift to lithium batteries could make continued strong demand a virtual certainty.

In fact, the experts at Macquarie Group Limited have stated that, “the lithium market is likely to be in a perpetual deficit. As a result, lithium prices are expected to continue to rise.

And this forecast was echoed by Credit Suisse who said, “Lithium prices have risen sharply since February and we do not believe it is temporary.”

Credit Suisse went on to predict that lithium demand might triple by 2025 from 2020 levels.

This red-hot bull market for lithium – along with the expected strong demand for years to come – may create exciting opportunities for investors.

One opportunity comes in the form of little-known Medaro Mining (CSE:MEDA; OTC:MEDAF), a company that is looking to develop a proprietary lithium extraction technology that may turn out to have great industry potential.

If Developed and Commercialized, Medaro’s Unique New Technology Could Prove to Be an Industry Game-Changer

One thing many investors aren’t aware of is that lithium is not a rare metal; in fact, it’s the 25th most abundant element in the Earth’s crust.

The problem is, however, that lithium has historically been difficult to get out of the ground.

For decades, lithium producers have been using the same outdated, inefficient, and environmentally harmful extraction methods…and only with a modest degree of success.

But Medaro could change this in a powerful way.

Medaro is working to develop a proprietary lithium extraction technology that could be faster, cheaper, more environmentally friendly, and more effective than any previous method for extracting lithium.

Lithium, of course, can be extracted from one of only two sources: brines or hard rock.

In the case of brine-sourced lithium, production typically happens in remote desert locations via a brining method that involves costly, harmful chemicals…and waiting for pools of salt water to evaporate. Once the salt water has dried up, concentrated lithium deposits are left behind.

That process can take years – with average production time running 18 months – so exploration companies that are discovering new supplies of lithium, in most cases, are very slow to bring those new supplies to market.

Medaro’s process offers the prospect of cutting that production time significantly – and potentially bringing supplies to market much faster – as it looks to pioneer a potentially game-changing extraction technology.

Traditional Lithium Extraction: Brine vs. Hard Rock

Medaro Mining (CSE:MEDA; OTC:MEDAF) is employing a new process, known as Hard Rock Lithium Technology (HLT), aimed to be demonstrably faster than brine extraction…and significantly less expensive than traditional hard rock mining.

Medaro’s thermochemical technology is designed to rapidly extract lithium from spodumene and convert it to high-purity lithium carbonate and/or lithium hydroxide…and/or lithium metal.

In addition, value-added commodity by-products can be produced including aluminum oxide and high-quality silica.

This method is compact…modular… scalable…and amendable to deployment in remote geographic locations.

 A preliminary technical and economic analysis conducted by the company’s joint venture partner indicates that this Hard Rock Lithium Technology is likely capable of lowering overall spodumene processing costs by 30% to 50%.

Potential Benefits of Medaro Mining Corp.’s Hard Rock Lithium Technology (HLT)

* Could produce virtually zero waste

* Could be more environmentally friendly as dual closed loop ensures solvents, leachates and precipitants are continually recycled

* Could involve lower reagent cost, lower resupply cost, no cleanup cost

* Clean and Green: The entire process could be operated electrically

* Expected to produce commercial grades and quantities of Alumina and Silica for added value sales

* The entire operation can be assembled in remote areas close to productive mines, helping reduce shipping costs

* Medaro intends to patent and license the technology to derive potential multiple, long-term revenue generation

* Could offer potential savings of between 30% and 50% compared to traditional lithium processing operations

Initial studies of this HLT predict that every tonne of concentrated spodumene could potentially deliver almost 1/5 of a tonne of Lithium Carbonate and approximately ¼ tonne of Lithium Hydroxide ready for market at battery grades.

And assuming the technology is proven and commercialized, customers might be able to situate Medaro-licensed processing facilities adjacent to their mines…allowing for faster and more cost-effective shipment of battery-grade lithium and valuable by-products directly to end-use markets.

A company that intends to offer the potential for producing higher-grade lithium more quickly – at a time when entire industries are in desperate need of it – could in our view prove to be truly disruptive…possibly even changing the industry in a huge way forever.

Simply put…solving the problem of slow, expensive, and outdated extraction techniques in the lithium industry could be worth hundreds of billions of dollars.

Assuming the technology can be proved out, it is precisely why we think this company – Medaro (CSE:MEDA; OTC:MEDAF) – is unlikely to fly under Wall Street’s radar for much longer…the potential is just too exciting.

Two Large Exploration Properties in the Heart of Canada’s Lithium Discovery Belt

In addition to its unique extraction technology, Medaro also has a pair of large exploration projects which we think have exciting potential.

These projects could not only offer significant lithium resources…they might also serve as the proving grounds for the effectiveness of the company’s Hard Rock Lithium Technology.

Property #1: Cyr South Lithium Project

Medaro has acquired an option on the Cyr South Lithium Property which consists of 52 mining claims covering approximately 2,748 hectares in the James Bay area of Quebec.

The property is located just 3 kilometers to the south of Galaxy Resources’ James Bay Lithium Project…a source of roughly 40.8 million tonnes of lithium.

Geologically, the property is located in the Archean Lower- Eastmain Group, constituted of volcano-sedimentary formational units and ultramafic to felsic intrusives.

The geological reports of the area indicate that pegmatite dykes generally strike WSW-ENE with dips of 60 degrees or steeper.

Property #2: Superb Lake Lithium Project

The town of Thunder Bay, located about 375 kilometers from Medaro’s Superb Lake Project is the largest city in Northwestern Ontario. It’s the heart of the highly active exploration and mine operations throughout the region.

Many junior exploration and mining companies are based in Thunder Bay, and the city is a source of skilled mining labor.

The Superb Lake Property is an exploration stage prospect consisting of eight mining claims totaling approximately 2,187 hectares in the O’Sullivan Lake / Maun Lake Area.

 

The results of four samples taken from spodumene-rich samples on the property indicate lithium oxide (Li2O) values in the range of 1.77 percent (%) to 4.03%.

Bottom Line: We Think Medaro Mining (CSE:MEDA; OTC:MEDAF) Could One Day Change Lithium Extraction Forever

* The lithium market is in the early stages of a long-term growth phase, thanks to the global shift to lithium batteries. Experts are predicting that demand for lithium could triple by 2025.

* Traditional sources of lithium extraction have proven to be slow, expensive, and environmentally harmful in many cases. Now Medaro Mining Corp. could bring to market a new extraction method that we think could bring significant disruption to the lithium industry.

* The company’s Hard Rock Lithium Technology (HLT) could potentially cut production time significantly…slash production costs by as much as 50%…produce valuable by-products…and be much more environmentally friendly than traditional extraction methods.

* Solving the problems of the slow, expensive and outdated extraction techniques that have held back the lithium industry could bring substantial rewards…and that’s why, if their technology is proved out and commercialized, we think Medaro could receive a great deal of attention.

* In addition to its potentially game-changing technology, Medaro has a pair of exciting exploration properties – including one that sits just 3 kilometers south of a major lithium source consisting of over 40 million tonnes.

* Both of Medaro’s lithium exploration projects are located in mining-friendly regions that possess excellent infrastructure… access to a skilled, experienced labor force… and inexpensive nearby hydroelectric power.

Other companies to watch as lithium prices continue to surge:

Blackberry Limited (NYSE:BB, TSX:BB) is a company that is distinctly aware of how important lithium is to the future of technology. While it has pivoted away from its iconic cell phones of yesteryear, it is still very much involved in the industry. From its high-profile partnerships with the likes of Amazon and more, to its key posturing in the Internet of Things explosion, BlackBerry is a great stock that could be trading at a relative discount compared to some of its peers.

BlackBerry recently launched a new research and development arm called BlackBerry Advvanced Technology Labs. Charles Eagan, BlackBerry CTO. “Today’s cybersecurity industry is rapidly advancing and BlackBerry Labs will operate as its own business unit solely focused on innovating and developing the technologies of tomorrow that will be necessary for our sustained competitive success, from A to Z; Artificial Intelligence to Zero-Trust environments.

Though BlackBerry has seen some increased volatility in recent weeks due to its popularity among Redditors, the company has a lot of potential in the long term, and will likely remain as one of Canada’s premiere tech firms for years to come. 

Turquoise Hill Resources Ltd. (NYSE:TRQ, TSX:TRQ) is a key player in Canada’s resource and mineral industry. It is a major producer of coal and zinc, two resources with distinctly different futures. While headlines are already touting the end of coal, zinc is a mineral that will play a key role in the future of energy for years and years to come.

In addition to its zinc operations, Turquoise Hill is also a significant producer of Uranium. Uranium is a key material in the production of nuclear energy, which many analysts are suggesting could be a major component in the global transition to cleaner energy. While the mineral has not seen significant price action in recent years, there are a number of new projects set to come online across the globe in the medium term, which could be a boon to Turquoise Hill, especially as alternative energies gain traction in the marketplace. 

Orocobre (TSX:ORL) has had some serious problems in the past, and its stock price has fallen significantly from January 2018 highs. The company’s flagship project is the Salar de Olaroz lithium project located in the Jujuy province of northern Argentina.  

Despite the fact that EV makers are using some 76% more lithium to produce battery packs this year, Orocobre’s CEO Perez de Solay voiced concern about price volatility and with it the increasing difficulty to find financing for new products.

Magna International (TSX:MG) was already making major moves in the battery market over a decade ago, investing over half a billion dollars in battery production while the market was still in its infancy. At the time, electric vehicles as we know them had barely hit the scene, with Tesla launching its premiere car just two years prior.

Magna’s massive investment has paid if in a big way, however. Since its battery bet, the company has seen its valuation soar by tens of billions of dollars, and it has solidified itself as one of the leaders in the business.

The Descartes Systems Group Inc. (TSX:DSG) is a Canadian multinational technology company specializing in logistics software, supply chain management software, and cloud-based services for logistics businesses. Recently, Descartes announced that it has successfully deployed its advanced capacity matching solution, Descartes MacroPoint Capacity Matching. The solution provides greater visibility and transparency within their network of carriers and brokers. This move could solidify the company as a key player in transportation logistics which is essential-and-often-overlooked in the mitigation of rising carbon emissions.

By. Tom Kool

**IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY**

This news release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, are forward-looking statements. Forward-looking statements in this material include the Medaro Mining Corp. (the “Company”) joint venture (JV) with Global Lithium Extraction Technologies Inc. to develop a proprietary method of lithium extraction; that the Company will succeed in the development and commercialization of the proprietary technology to extract lithium which is highly cost effective, efficient and clean; that the Company will be able to earn its option to acquire ownership in its lithium projects; that the Company’s lithium projects will have commercial amounts of lithium which may be extracted and developed using its proposed technology or otherwise; that the market for lithium will continue to grow to billions of dollars; that the Company will be able to produce sufficient quantities of lithium to supply major contracts worldwide or be otherwise able to commercialize its business; that the Company’s JV will be able to develop, commercialize and license the technology on a global scale; that the technology will be able reduce extraction costs by up to 50%; that the technology will be implemented in remote areas close to productive mines; that the Company will design processing facilities for lithium extraction using the technology developed by the JV; that the technology will be able to extract commercial amounts of lithium; that the Company will be able to earn its option to acquire ownership in its uranium project; that the Company’s uranium project will have commercial amounts of uranium which may be developed; . Forward-looking statements are subject to a number of risks and uncertainties, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. Risks that could change or prevent these statements from coming to fruition include that the Company’s JV may be unable to successfully develop a proprietary method of lithium extraction; that the Company may be unsuccessful in the development of its proposed technology, or even if developed, that the Company may be unable to commercialize the technology or otherwise be able to extract lithium by a method which is cost effective, efficient or clean; that the Company may fail to be able to develop lithium extraction facilities or to license its technology; that the Company may fail to fulfill its obligations under its option agreements in respect of its lithium and uranium projects and be unable to acquire ownership in the properties; that the Company’s lithium and uranium projects may be fail to have any or sufficient commercially viable amounts of lithium or uranium which may be extracted and/or developed; that the market for lithium may not grow as quickly or as much as anticipated; that the Company may not be able to finance its intended development of technology and/or the maintenance/development of its lithium and uranium properties; competitors may offer cheaper or better products; markets don’t develop for the products as expected; intellectual property rights may not protect the Company’s processes and the Company’s technology may infringe on the intellectual property of others; and the Company may not be able to carry out its business plans as expected. The forward-looking information contained herein is given as of the date hereof and the writer assumes no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.

DISCLAIMERS 

ADVERTISEMENT. This communication is for entertainment purposes only. Never invest purely based on our communication. Oilprice.com, Advanced Media Solutions Ltd, and their owners, managers, employees, and assigns (collectively, “Oilprice.com”) are being paid ninety thousand USD for this article as part of a larger marketing campaign for CSE:MEDA. This compensation is a major conflict with our ability to be unbiased. This communication is for entertainment purposes only. Never invest purely based on our communication. The information in this report and on our website has not been independently verified and is not guaranteed to be correct.

SHARE OWNERSHIP. The owner of Oilprice.com owns shares of this featured company and therefore has an additional incentive to see the featured company’s stock perform well. The owner of Oilprice.com will not notify the market when it decides to buy more or sell shares of this issuer in the market. The owner of Oilprice.com will be buying and selling shares of this issuer for its own profit. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities.  

NOT AN INVESTMENT ADVISOR. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. 

ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment. 

RISK OF INVESTING. Investing is inherently risky. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities. No representation is being made that any stock acquisition will or is likely to achieve profits.














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Great Bear To Be Acquired For $29 Per Share In Initial Consideration By Kinross Gold

Well, the seemingly impossible has happened. Great Bear Resources (TSXV: GBR), a firm with no official resource estimate as of
The post Great Bear To Be…

Well, the seemingly impossible has happened. Great Bear Resources (TSXV: GBR), a firm with no official resource estimate as of yet on its flagship property, has been bought out for C$1.8 billion in cash and shares, which represents a 31% premium to yesterdays close. Kinross Gold (TSX: K) announced the arrangement late last night jointly with the firm.

The transaction will see Kinross pay a total figure of $1.8 billion, of which up to 75% will be paid in cash. Investors are to receive the equivalent of $29.00 per share in cash, either via cash or the issuance of 3.8564 Kinross shares, based on a pro-ration formula that will see no more than 75% of the total transaction paid in cash, and no more than 40% of the deal paid in shares.

Contingent consideration of $1.00 per share is also in play, via 0.1330 Kinross shares per Great Bear share, based on whether Kinross turns the firms Dixie project into commercial production, with at least 8.5 million ounces of measured and indicated gold ounces being estimated. No resource estimate presently exists for the property, despite over 340,000 metres of drilling occurring in aggregate on the property.

The acquisition will see Great Bear’s flagship Dixie project “become a centerpiece in [Kinross’] development portfolio,” while strengthening the firms long term production portfolio. Kinross plans to conduct a 200,000 metre drill program in 2022 at the LP Fault, as it looks to rapidly advance the project. Exploration will also occur outside of the LP Fault, including at satellite deposits on the property.

The firm intends to initially develop Dixie into a high grade open pit mine, before “potentially” transforming it into an underground mine.

The transaction is to be funded via the firms cash on hand and outstanding revolving credit facility, with the deal remaining subject to approval by shareholders of Great Bear. The board has approved the transaction, while recommending that shareholders proceed with the deal. An $85 million termination fee is also in play on the transaction should Great Bear proceed with a superior proposal.

Great Bear Resources last traded at $22.93 on the TSX Venture.


Information for this briefing was found via Sedar, and Great Bear Resources. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

The post Great Bear To Be Acquired For $29 Per Share In Initial Consideration By Kinross Gold appeared first on the deep dive.




Author: Jay Lutz

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