GEMC’s Pipeline of Growth Stage Battery Metal Projects is a Dealmaker’s Delight

GEMC now has a total of 6 combined battery and precious metals projects (3 pending completion)

Battery metals miner Global Energy Metals Corporation (TSXV: GEMC) (“GEMC”) continues to be an under the radar company with huge potential yet to be recognized by the market. GEMC’s combined 6 projects (3 pending) have key battery metals and some have precious metals and all are in good locations in low risk mining countries.

GEMC offers investors exposure to 6 projects (some pending) containing battery metals and some precious metals

Source: GEMC investor presentation

Global Energy Metals 6 combined projects

1) Millennium Cobalt Project and Mount Isa Cobalt-Copper-Gold Project (100% owned) –  Queensland, Australia

The Millennium Project is a significant cobalt-copper deposit that remains open for expansion. It has a historic (not to be relied upon) JORC (2012) Inferred Resource of 3.07 million tonnes @ 0.14% Co, 0.35% Cu and 0.12g/t Au (using CuEq cutoff of 1.0%). GEMC plans to do further work to bring the Resource up to being a NI43-101 compliant resource.

Exploration at the Mount Isa Project to date has returned outstanding, high-grade intercepts and there is excellent potential to significantly improve the JORC Resources in tonnes and grade with multiple high-grade targets awaiting further exploration and test work.

In total GEMC’s Australian land position of 2,560 hectares provides a district-scale cobalt-copper-gold exploration and development opportunity.

Some of GEMC’s excellent drill results at their Australian projects, including high grade cobalt

Source: GEMC

2) Lovelock Mine & Treasure Box Projects (85%) – Nevada, USA

These Projects (567 hectares) are located in the Stillwater Range with good access, skilled workforce, first world infrastructure and only 150 kilometres east of Sparks Nevada, home to the world’s largest battery factory – Tesla’s Gigafactory 1. Past mining on the properties included mining grades of 14% cobalt and 12% nickel. In recent news GEMC announced they have applied to amend the permit for initial drilling of 1,400 metre short-hole drill program at the Lovelock Project to begin in May 2021.

3) Werner Lake Cobalt Project (70%) – Ontario, Canada

The past producing property has a Updated NI 43-101 (2018) Indicated Mineral Resource of 79,400 tonnes at 0.43% Co not including the 2018 drill program. 0.43% cobalt is considered an excellent grade and in line with the exceptional DRC cobalt mines for grade. The Project is prospective for cobalt, copper, nickel and gold.

4) Monument Peak (pending purchase completion, 50%) – Idaho, USA

The past producing ~558.5 hectare property has high-grade, near surface, copper-silver mineralization. The property encompasses two small, past producing Cu-Ag-Au mines: the Jackson Mine and the Hungry Hill Copper Mine. At the Hungry Hill Mine, about 1 km east of the Jackson Mine, a small amount of production (15 tons) reportedly contained 24% Cu, 480 g/t Ag and 4.4 g/t Au. You can read the latest news here.

5) Chance Lake & Amiral Projects (pending purchase completion, 50%) – Quebec, Canada

The Projects are early stage nickel-copper-cobalt-PGE exploration projects. Chance Lake has a historical (not be relied upon) Resource estimate of 716,031 tons at 0.66% Cu, 0.89% Ni, 0.10% Co for the massive sulfide zone, or 967,393 tons at 0.49% Cu and 0.73% Ni for the combined massive sulphide and disseminated sulphide zones.

The Amiral Project has had historical (not to be relied upon) sampling of the Amiral Showing which returned 1.07% Ni and 0.35% Cu over 6.5 m, including 1.54% Ni and 0.29% Cu over 2.1 m (GM59166). At the Trench 4 Showing, historical sampling returned 0.63% Ni and 0.89% Cu (GM62800). You can read more here.

6) Rana Nickel Project (pending purchase completion, 10% +1% NSR royalty) – Norway

The Project is a drill-ready, low CapEx, Class-1 nickel (sulphide) project with strong exploration upside. The Råna Nickel Project portfolio includes four exploration licenses including the past producing Bruvann Nickel Mine in the Råna mafic-ultramafic intrusion in Northern Norway. You can read the latest news here.

Global Energy Metals Corporation offers very significant exploration exposure to the EV battery metals and some precious metals at an incredibly low market cap

Source: GEMC investor presentation

Closing remarks

The past 6 months has seen a superb recovery in the EV metal miners led by rapidly rising cobalt and lithium prices. GEMC appears to have been missed in that recovery despite making enormous positive strides forward.

For those investors looking for an under the radar, early stage, super low market cap (C$3.5M), junior battery metal (and some precious metal) miner with 6 combined promising projects (3 pending purchase completions) in safe locations (Australia, USA, Canada, Norway) then look no further than Global Energy Metals. Risks are high due to the early stage but the upside potential is enormous. Don’t miss this one.

Disclosure: The author is long Global Energy Metals Corporation (TSXV: GEMC).




With an abundance of inexpensive hydroelectric power, Blackstone aims to build a “green” battery metals supply chain

Upstream and Downstream PFS’s Drive Blackstone’s Battery Metal Project in 2021

Blackstone Minerals Limited (ASX: BSX | OTCQX: BLSTF | FSE: B9S) is an Australian-based mining company focusing on the district-scale, Ta Khoa Nickel-Copper-PGE project in northern Vietnam.

Blackstone’s project includes an existing disseminated nickel sulphide resource and processing plant, a historic high-grade underground mine as well as 25 other targets in the project area, and plans to build a downstream processing facility.

After releasing a Scoping Study in late 2020, Blackstone is working on two pre-feasibility studies (PFS) in 2021 that focus on: (1) the “upstream” mineral exploitation and processing plant, and (2) the “downstream” processing facility to produce customized Nickel-Cobalt-Manganese (NCM) “precursor” products for the Lithium-ion battery industry.

With an abundance of inexpensive hydroelectric power, Blackstone aims to build a “green” battery metals supply chain to furnish materials to the lithium-ion battery industry.

Ta Khoa Project (Nickel-Copper-PGE)

In April 2019, Blackstone entered into an option agreement to acquire a 90% interest in the Ta Khoa project and completed the acquisition a year later.

The Ta Khoa project is located 160 km west of Hanoi and includes the Ban Phuc Disseminated Sulfide (DSS) resource, an upstream processing plant, and the past-producing Ban Phuc Massive Sulfide Vein (MSV) nickel mine.

In late 2020, Blackstone released a Scoping Study for the development and restart of the Ta Khoa Project. The Scoping Study features an 8.5-year project life with ore from the Ban Phuc DSS deposit, and integrates upstream and downstream processing to produce customized NCM products for the Lithium-ion battery industry.

The results from the Scoping Study include:

  • Maiden Ban Phuc DSS Indicated Resource of 44.3Mt at 0.52% Nickel for 229Kt
  • Annual production of approximately 12.7kpta of nickel unit for a period of 8.5 years
  • Capital cost approximately US$314 million of pre-production, including emergency
  • Gross revenue of approximately US$3.3 billion
  • Capital payback period of 2.5 years

Finishing an “Upstream” PFS

As previously mentioned, Blackstone is now advancing the Ta Khoa Project through to a Pre-Feasibility Study that includes an option to mine higher grade MSV deposits within the project area.

Blackstone has ten active drill rigs on the project site to increase the confidence of the existing Ban Phuc DSS resource as well as to target higher-grade MSV deposits, identified using geophysics, with the plan to delineate new resources and incorporate these deposits into the PFS.

Blackstone anticipates the upstream PFS to be completed by the end of this year, allowing for the sufficient completion of the ongoing project drilling.

Adding a “Downstream” Process

Blackstone is working on the second PFS for a “downstream” processing facility to enable the production of a range of NCM “precursor” products for the Lithium-ion battery industry.

To reduce the risk and cost, the Company proposes to form joint venture(s) to construct downstream refineries to support the existing EV battery manufacturing companies in Vietnam, including LG Chem, Samsung SDI, and VinFast.

By further processing the material, the price improvement of nickel increases from 70-80% to 125-135% of the London Metal Exchange (LME) metal prices that price increase supports the robust economics reported in the Company’s Scoping Study.

Blackstone anticipates the downstream PFS to be completed by July 2021.

Past-Producing Ban Phuc MSV Nickel Mine

Located in close proximity to the Ban Phuc DSS open-pittable resource is the past-producing Ban Phuc MSV nickel mine.

The high-grade Ban Phuc MSV mine operated as a modern mechanized underground mine between 2013 and 2016, producing 20.7kt Ni, 10.1kt Cu, and 0.67kt Co, before closing during a time of low nickel prices and mineral reserve depletion.

Currently, the Ban Phuc MSV mine is under care and maintenance and the deposit remains open at depth below the area of previous mining.

Existing Processing Plant and Infrastructure

One benefit of this project is the existing infrastructure. In this case, an existing processing plant (concentrator) capable of producing 450-kilo-tons- per-annum (ktpa) of nickel, a 250-person accommodation camp, and direct access to the site from Hanoi on a 240 km paved highway.

Other advantages include ample low-cost hydroelectric power and a professional low-cost labour force, as well as being located in a country that has become an Asian hub for electronics and battery manufacturing.

Solid Bank Account

In September 2020, Blackstone raised A$17.8 million by issuing 42.4 million shares at A$0.42 per share. As of December 31, 2020, the Company had approximately A$22 million in the bank that should cover off its exploration activities at the Ta Khoa Project this year.

Final Thoughts

In the race for EV dominance, China is leading the pack and with that, south-east Asia is becoming a supplier of raw materials and finished products.

Vietnam is already a hub for electronics and battery manufacturing and Blackstone’s project could add some additional “mineral” weight to its competitive advantage.

Project Site Map:

Blackstone Project Map

SOURCE:




Ideanomics continues their blockbuster growth reporting EV revenue growth of over 600% in FY2020

Ideanomics, Inc. (NASDAQ: IDEX) is a US incorporated global company focused on disruptive industries such as Electric Vehicles (EV) and fintech & financial services. 2020 was a banner year for Ideanomics with several acquisitions, a large jump in EV related revenues, and a very strong stock price performance (the past 1-year return is 247%). Ideanomics is a super fast-moving company as was shown by being ranked the number 11th fastest growing company in North America on Deloitte’s 2019 Technology Fast 500™.

Ideanomics market opportunity in EV and fintech & financial services

Source

Ideanomics has two divisions:

1.Ideanomics Mobility

This division is focused mostly on EV fleet sales and financing as well as other opportunities such as EV charging and mobility services.

  • Medici Motor Works aims to develop the North American specialty vehicle and pick-up truck market.
  • Wireless Advanced Vehicle Electrification Inc. (‘WAVE’) develops inductive charging solutions for medium and heavy-duty vehicles in the United States. Ideanomics acquired 100% of WAVE in early 2021.
  • Mobile Energy Global (MEG, 100% owned) provides group purchasing discounts on commercial electric vehicles, EV batteries and electricity as well as financing and charging solutions in China.
  • Treeletrik is an approved EV manufacturer and distributor for Malaysia. Treeletrik will drive ASEAN commercial EV sales leveraging Chinese & Korean OEM partners for manufacturing. Ideanomics bought 51% of Treeletrik in 2019.
  • Solectrac develops and sells electric tractors and is based in California, USA. Ideanomics bought a 14.7% investment in Solectrac which was later increased to 22%.
  • Energica Motor Company is an Italian electric motorcycle company. Ideanomics recently acquired 20%.

Ideanomics Mobility division targets recurring revenue from EV commercial fleet sales, financing, charging and energy

Source

2.Ideanomics Capital

This division focuses on fintech disruption and financial services.

  • Timios Holding Corp. is on a mission to revolutionize real estate transactions. Timios is a leading title and settlement solutions provider based in California USA with operations in 44 U.S states. Ideanomics acquired 100% of Timios Holdings Corp. in 2020.
  • Delaware Board of Trade (DBOT) is a next generation broker-dealer bringing the best practices of capital markets to the small cap marketplace.
  • Intelligenta provides AI solutions to financial institutions and regulators.
  • Liquefy
  • Technology Metal Market

For new investors to Ideanomics it can be a lot to take in, as there is just so much going on with Ideanomics. The key to understand is that Ideanomics focus is on ‘disruptive’ industries and companies. This means the companies they invest in have a higher chance to succeed due to the tailwinds of change.

Ideanomics EV revenue surges higher in full year 2020

In March 2021, Ideanomics announced revenues for the year ended December 31, 2020, were US$26.8 million. EV related revenue in 2020 was US$19.5 million versus US$2.7 million in 2019, an increase of US$16.8 million or more than 600%. Ideanomics is very well financed and as of April 1, 2021 had a cash position of US$330 million.

Closing remarks

Very few companies have been as active in building a rapid presence in the EV and fintech space as Ideanomics. 2020 was a frenetic period of deal making and positive news flow. The culmination of all of this was the 600% increase in EV related revenue in 2020.

Looking ahead Ideanomics business model takes a long-term view and aims to establish solid businesses with recurring revenues. In the EV sector, Ideanomics is focusing on fleets and on their sales to financing to charging (S2F2C) business model. Ideanomics fintech acquisitions are also growing and focusing on building up long-term recurring revenues.

Investors who are looking for an investment and operating company that is rapidly moving forward into the disruptive areas of EVs and fintech should take a long look at Ideanomics. The company is still in the early stages of building their business and the trends are also still in the early stages with enormous growth potential.

Ideanomics Inc. trades on a market cap of US$1.33 billion.




Nano One’s Dan Blondal on reducing the carbon footprint in the lithium-ion battery supply chain

In a recent InvestorIntel interview, Chris Thompson spoke with Dan Blondal, CEO, Director & Founder of Nano One Materials Corp. (TSXV: NNO) about Nano One’s M2CAM (metal to cathode active material) technology that can reduce cost, waste, and carbon footprint in the lithium-ion battery supply chain.

In this InvestorIntel interview, which may also be viewed on YouTube (click here to subscribe to the InvestorIntel Channel), Dan went on to explain how Nano One’s patented One-Pot process can produce cathode materials directly from metal using nickel, manganese, and cobalt metal powder feedstocks eliminating the need for costly and energy-intensive conversion of nickel, cobalt, and manganese to sulfate, and lithium to hydroxide. He said that the process can “transform the supply chain and make it much cleaner and greener and cheaper because we eliminate the steps in between.”

Nano One recently achieved TSX Venture 50 recognition as a top-performing company and is focused on improving the performance of the cathode materials and ultimately the durability of lithium-ion batteries. “We have a process of making cathode materials and we can make all the different types of chemistries that are applicable to any type of lithium-ion battery you can think of,” Dan added.

To watch the full interview, click here.

About Nano One Materials Corp.

Nano One is developing patented technology for the low-cost production of high-performance battery materials used in electric vehicles, energy storage, consumer electronics, and next-generation batteries. The processing technology addresses fundamental supply chain constraints by enabling wider raw materials specifications for use in lithium-ion batteries. The process can be configured for a range of different nanostructured materials and has the flexibility to shift with emerging and future battery market trends and a diverse range of other growth opportunities. The novel three-stage process uses equipment common to industry and Nano One has built a pilot plant to demonstrate high volume production and to optimize its technology across a range of materials. This pilot plant program is being funded with the assistance and support of the Government of Canada through Sustainable Development Technology Canada (SDTC) and the Automotive Supplier Innovation Program (ASIP) a program of Innovation, Science and Economic Development Canada (ISED). Nano One also receives financial support from the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP). Nano One’s mission is to establish its patented technology as a leading platform for the global production of a new generation of nanostructured composite materials.

To learn more about Nano One Inc., click here

Disclaimer: Nano One Materials Corp. is an advertorial member of InvestorIntel Corp.

This interview, which was produced by InvestorIntel Corp. (IIC) does not contain, nor does it purport to contain, a summary of all the material information concerning the “Company” being interviewed. IIC offers no representations or warranties that any of the information contained in this interview is accurate or complete.

This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation.  Forward-looking statements are based on the opinions and assumptions of management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements.  Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.

Any projections given are principally intended for use as objectives and are not intended, and should not be taken, as assurances that the projected results will be obtained by the Company.  The assumptions used may not prove to be accurate and a potential decline in the Company’s financial condition or results of operations may negatively impact the value of its securities. Prospective investors are urged to review the Company’s profile on www.sedar.com and to carry out independent investigations in order to determine their interest in investing in the Company.

If you have any questions surrounding the content of this interview, please email info@investorintel.com.




Pilot Plant Project to Produce Battery Metals Yields Positive First Steps

Last week, Canada Silver Cobalt Works Inc. (TSXV: CCW | OTC: CCWOF) (“CCW”) announced that bench-scale test work has yielded positive results in producing a concentrate required for its Re-2Ox process.

In addition to owning a silver-cobalt exploration project, CCW also owns a proprietary hydrometallurgical process known as Re-2OX that can process mineral concentrates into cobalt sulphate, an important component for making Electric Vehicle (“EV”) batteries.

Re-2OX Process

The environmentally-friendly Re-2OX process, bypasses the smelting process, to produce a cobalt sulphate hexahydrate from feed material such as mineral ore, tailings or recycled batteries.

While the Re-2OX process recovers cobalt, manganese, nickel, silver and other metals, it can also remove toxic compounds. The recovered metals can be sold without smelting or further processing.

In 2018, the Company extracted an 82-kg sample of vein material from its Castle Mine in northern Ontario, Canada and sent it to SGS Laboratories in Lakefield, Ontario.

The vein material was processed into cobalt-rich gravity concentrates and then run through the Re-2OX process. The process produced EV battery-grade cobalt sulphate at 22.6% cobalt that exceeded the specifications required by battery manufacturers at that time.

The Re-2OX process recovered 99% of the cobalt, 81% of the nickel and 84% of the manganese from the concentrate and, importantly, removed 99% of the arsenic.

Canada Silver Cobalt Works - Re-2Ox Process

SOURCE:

Battery Metal Pilot Plant Underway

CCW is now working with SGS on a Pilot plant to scale up the Re-2OX process for the production of cobalt-nickel-rich gravity concentrates. The Company believes the process can be an economic method of producing, locally sourced, client-specific battery metals for the North American EV market.

The plan calls for the Pilot plant to be built and operated by SGS in Lakefield, Ontario and use silver-cobalt ore from the region including the Castle Mine property.

In May 2020, CCW released a maiden NI 43-101 mineral resource estimate for the Castle Mine project of 27,400 tonnes of material at an average silver grade of 8,582 g/t (250.2 oz/ton) for a total of 7.56 million Inferred ounces, and 2.54 million cobalt ounces at a grade of 3,260 g/t cobalt.

Frank Basa, CEO and Director commented, “The economics of harvesting both the base metals and silver, then adding value by processing it into premium EV battery metals will provide the Company with two solid income streams and we are excited for the future as the High-Grade and Technology Leader in Canada’s Silver Cobalt Heartland.”

Battery Recycling Using the Re-2Ox Process

Earlier this month, CCW announced that it has begun studies at SGS Canada to use the Re-2Ox process to extract minerals from old batteries. The Re-2Ox process is adaptable to recover rare earth metals from lithium-ion, nickel-hydride and nickel-cadmium batteries.

“We strongly considered this initiative a few years ago but initial research turned up a lack of feedstock at that time, but this has now changed. With feedstock currently available and coupled with the Re-2Ox process, the path is clear for the Company to develop what can be a robust and ever-increasing potential income stream by providing future tolling services for the treatment of used batteries,” remarked Frank Basa.

Acquiring EV Properties with the Potential for a Spin-out Battery Metals Company

Last month, CCW announced the acquisition of 39,200 hectares of EV properties in Quebec and Ontario.

The Company also reported that it was their intention to transfer the properties to another public company, in order to capitalize on the current EV market, and to dividend the shares to CCW’s existing shareholders.

Final Thoughts

CCW’s is focusing on becoming a producer of both silver, cobalt and other battery metals for the North American EV market. With its high-grade silver-cobalt mine and Re-2OX process, the Company is well positioned to become a Canadian leader in the production of silver, cobalt and other metals used in the EV industry.

CCW closed yesterday at C$0.46 with a market cap of C$56.0 million.




Innovation in the water treatment business is in their name.

As the name states,  H2O Innovation Inc. (TSXV: HEO | OTCQX: HEOFF) is an innovator in the water treatment business focused on membrane technology. For the last 20 years the company has designed and fabricated state-of-the-art, integrated water treatment solutions for municipal, energy and natural resource end users, specializing in applications for drinking water, water reuse, wastewater treatment and industrial process water. Developed in-house, their solutions are custom built to adapt to all types of applications.

The company further breaks down their activities into three operating segments: Water Technologies & Services (WTS) which designs and builds custom water, wastewater and water reuse systems, supporting the customer with both site and remote services, as well as digital solutions, to optimize performance and maximize life of the equipment; Specialty Products (SP) utilizes a global network of more than 100 distribution partners to manufacture and delivers specialty chemicals, components, and consumables to end-users with a focus on membrane applications; and Operations and Maintenance (O&M) for contract operations of water, wastewater, and water reuse treatment, collection, and distribution systems, pumping stations, and associated assets for customers throughout North America.

H20 Innovations certainly has positive momentum for itself as a company but also being in a business segment that is becoming a greater focus for the world in general but also the ESG investing community. In their most recent quarterly and year-end results, they posted their fourth consecutive year of revenue and adjusted EBITDA growth.  Additionally, the company has reported positive earnings for the last 3 quarters, which is very impressive for a growing company.

When it comes to growth, one of H2O Innovation’s Key Strategic Objectives is M&A. Most recently the company announced on February 1, 2021, that it had acquired Genesys Membrane Products, S.L. located in Madrid, Spain to boost its membrane chemicals capabilities. It positions the company to better access the Latin American membrane chemical market, in particular the mining industry. H2O Innovation has averaged just under one acquisition a year since 2013. There are over 1,200 privately owned businesses active in the water industry with revenues in excess of $50M, but only one larger than $10B. So there is a lot of opportunities to grow the business this way and so far H2O Innovation has had success finding the right fit and successfully integrating these acquisitions.

As for organic growth, the company is focusing on improving gross margins through increased sales, improved operational excellence and via product innovation. Another key is further reduction in SG&A likely to come from acquisition synergies.

By 2023, the stated goal is to increase revenue from $134M (Actual FY 2020) to between $175-250M including 2-4 strategic acquisitions. With only 78M shares outstanding (90M fully diluted) and a paltry $14.1M in debt there is some good upside for shareholders if the company can execute on its goals. Globally there is no shortage of potential acquisitions available to H20 Innovations and a clean balance sheet gives the company the option to fund these with debt or equity, whichever is more accretive.




President Biden and ESG Investors should all take notice of Ideanomics

Ideanomics, Inc. (NASDAQ: IDEX) is a company ideally situated to make the most of President Biden’s Democratic administration’s goal of advancing the Green economy. Additionally, the company’s objective to facilitate the adoption of commercial electric vehicles from sales to financing to charging (S2F2C) fits well into the overall market trend toward ESG (Environmental, Social, Governance) investing.

The electric vehicle division, Mobile Energy Global (MEG), provides group purchasing discounts on commercial electric vehicles, EV batteries and electricity, as well as financing and charging solutions. Breaking down the S2F2C model a little further, Sales helps fleet operators obtain their choice of EV models suitable for their budget; Financing eliminates the need for a large cash deposit for a fleet; Charging sees the company sell energy used to charge both commercial and passenger EVs.

Focussing a little more on the Charging component, in January 2021 Ideanomics purchased private company Wireless Advanced Vehicle Electrification, Inc. (“WAVE”). This has the potential to be a game-changer with its industry leading technology that provides inductive (wireless) charging solutions for medium and heavy-duty electric vehicles. The technology is embedded in roadways and charges vehicles during scheduled stops and is fully automated and hands-free.

All this seems like a pretty good fit to be a leader in helping President Biden achieve success for the Executive Order signed on January 27, 2021, that directed federal officials to devise a plan for converting all federal, state, local and tribal fleets to clean and zero-emission vehicles. This directive alone amounts to approximately 650,000 vehicles in total.

But don’t forget the other division under the Ideanomics umbrella – Ideanomics Capital provides intelligent and innovative services for the fintech industry. This part of the company utilizes Artificial Intelligence and Blockchain to create solutions for Financial Institutions, the Real Estate industry and brings the best practices of exchanges to the over-the-counter marketplace.

For example, in May 2019 the company acquired a majority stake in Delaware Board of Trade (DBOT). DBOT fulfills Ideanomics’ strategic vision of combining a regulated and compliant platform to address traditional financial instruments with the capability of servicing digital assets. Another Capital holding is Intelligenta which has over 20 proven AI-driven SaaS and PaaS solutions. Intelligenta has been deployed in Asia over the past several years and began marketing its services in the U.S. in 2019.

It’s not unreasonable to think that there may be opportunities to spin out some of these holdings, if necessary, to unlock shareholder value and perhaps raise capital for other business segments.

Overall, this company ticks all the boxes to be a market darling for the foreseeable future. So mark Wednesday, March 31, 2021 on your calendar for the release of Ideanomics 2020 fourth-quarter and full year financial results to find out how things are going.