TechMet’s Brian Menell with Jack Lifton on the “extreme supply-demand dislocation” in technology metals due to EV market demand

In this episode of the Critical Materials Corner with Jack LiftonJack speaks with Brian Menell, Chairman and CEO of TechMet Ltd., about the “extreme supply-demand dislocation” in technology metals as the electric vehicles and energy storage industries accelerate.

In this InvestorIntel interview, which may also be viewed on YouTube (click here to subscribe to the InvestorIntel Channel), Brian went on to say that TechMet is an investment company that invests in projects across the technology metal supply chain adhering to the highest level of ESG standards. With focus on cobalt, lithium, nickel, tin, tungsten, vanadium, and rare earths projects, Brian told InvestorIntel that TechMet is “only metals and mining company with significant direct U.S. government equity participation.” Brian also provided an update on some of the projects that TechMet has invested in which includes the largest lithium-ion battery recycling company in North America and the cheapest producer in the world of electrolytes used in vanadium redox flow batteries.

To watch the full interview, click here

About TechMet Ltd.

TechMet is a private industrial company that is building controlling or significant minority positions in world-class projects across the technology metal supply chain.

To learn more about TechMet Ltd., click here

Disclaimer: 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 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.




Making the case to use garbage to produce renewable fuel, ESG investors look to Cielo to lead the way

“Just because people throw it out and don’t have any use for it, doesn’t mean it’s garbage.” ― Andy Warhol

Waste to fuel is one of the hottest sectors right now as the world moves towards greener solutions for both waste and energy. The global waste to fuel energy industry is forecast to grow from US$35.1 billion in 2019 to US$50.1 billion by 2027. One company is leading the way with their game changing proprietary technology (license) that turns municipal garbage and other waste into renewable fuels.

The Company is Cielo Waste Solutions Corp. (TSXV: CMC | OTCQB: CWSFF | FSE: C36) (“Cielo”).

Cielo manufacturers highgrade renewable diesel, kerosene (aviation jet and marine fuel) and naphtha from all types of garbage waste. Cielo has an exclusive global license from a related party to a technology that can convert multiple different waste streams into renewable diesel at a considerably lower cost than other biofuel companies, all with no harmful emissions.

Cielo’s process is referred to as Thermal Catalytic Depolymerization (TCD). Waste materials are liquified in the reactor with green power and blended with Cielo’s proprietary catalyst. The catalyst causes an instant reaction and forms a distillate which is then distilled further into renewable transportation diesel, kerosene (jet/marine fuel) and naphtha. The process utilizes atmospheric pressure and low heat, thereby resulting in no harmful emissions.

Almost every developed country in the world has a mandate to blend renewable fuels, and Cielo will be selling into this growing market.

Global waste is growing, as is the demand for ‘renewable’ diesel fuel

Source: Cielo investor presentation

Cielo already has their 100% owned first facility operating in Aldersyde Canada and has a second 100% owned facility in the early stages. Announced on August 24, Cielo has now finalized the purchase of the Fort Saskatchewan (Edmonton, Alberta) industrial site/building and the C$12 million loan (at a 6%pa rate to fund its purchase) for their second facility. You can read an update on Aldersyde and Fort Saskatchewan/Edmonton here.

Cielo’s first waste to fuel facility at Aldersyde is currently in production

Source: Cielo investor presentation

Cielo has more planned waste to energy facilities on the way

In total Cielo has plans to rapidly grow to have a total of 11 facilities in the next few years. Two will be Cielo 100% owned projects and 9 will be JV funded projects. The two 100% owned ones I have already discussed above (Aldersyde & Fort Saskatchewan/Edmonton).

The 9 JV facilities (MOU JV with Renewable U Medicine Hat Inc.) are planned for locations in Canada and the U.S., all to be funded by the JV partner. The nine facilities to be built are planned as Grande Prairie, Calgary, Medicine Hat (Dunmore), Lethbridge, Kamloops, Winnipeg, Toronto, Halifax and a location in the USA (to be determined).

After this Cielo plans to grow to 40 locations in the next 57 years. This would act to divert annually approximately 3.9 million tonnes of waste, creating approximately 1.3 billion liters of renewable fuel, making Cielo one of the fastest growing ESG companies in the world.

Cielo’s business model including details for Joint Ventures (JVs)

Cielo has developed a simple modular plant/facility manufacturing system. Each plant can produce 4,000 liters per hour or 32 million liters pa. This format allows for multiple plants to be built based on feedstock supply at each facility site. This also allows Cielo to build in more remote locations and eliminate many transportation issues and/or costs. Each plant costs approximately $50 million to build. Payback on the capital investment is approximately $28 million annually based on EBITDA.

When there is a JV, the JV partner is responsible for 100% of the financing of each project. Cielo, as contractor, will execute the planning, construction, commissioning and operation of the JV facilities, and overall manage the joint ventures and receive a 7% fee.

Details of the JV model (MOU with Renewable U Medicine Hat Inc. for 9 facilities) and revenues that potentially go to Cielo

Source: Cielo investor presentation

Analysts forecast Cielo’s revenue to grow rapidly from roughly zero in 2020 to C$26 million in 2023. After 2023 Cielo forecasts C$125 million in revenue once three facilities are fully operational. Once at 5-7 facilities running at full capacity Cielo expects to realize in excess of C$350 million pa in revenue and almost C$200 million pa in profits.

Closing remarks

Given that the world produces over 3.5 million tons of garbage a day (over 2 billion tons a year) there is a compelling case to make use of this garbage to produce renewable fuels. The best thing about Cielo is that they do all this with no harmful emissions and at a lower cost than other biofuel companies.

The other best thing is they have a very sound business plan where JV partners pay for the initial refinery capital expenditure thereby minimizing dilution for Cielo stock investors. Also, the Board and Management are highly experienced.

Cielo Waste Solutions trades on a market cap of C$652 million. Definitely, one to watch the next few years as they look to be moving rapidly with their rollout.




Imperial Mining’s Peter Cashin update on building a North American supply chain for scandium and niobium

In a recent InvestorIntel interview, Chris Thompson speaks with Peter Cashin, President and CEO of Imperial Mining Group Ltd. (TSXV: IPG | OTCQB: IMPNF) about Imperial’s Crater Lake scandium and rare earths project. Touching on why these critical materials are valuable for an ESG investor to consider in their portfolio, Analyst Chris Thompson asks a wide range of compelling questions from extraction technology to where Imperial Mining is in the process towards building a North American supply chain for scandium.

Starting with an overview on the competitive applications for scandium and niobium, which includes the lightweighting of steel and aluminum for use in the automotive and aerospace sectors, Peter explains that Imperial Mining is anticipating a 43-101 resource estimation on the TG Zone expected in the next few weeks. Highlighting Crater Lake’s high-grade surface scandium mineralization and ‘very high grades of niobium and tantalum’, Peter explains that a strategic marketing effort in conjunction with a sustainable supply source of these critical materials will most assuredly affect the demand.

To watch the full interview, click here

About Imperial Mining Group Ltd.

Imperial is a Canadian mineral exploration and development company focused on the advancement of its technology metals projects in Québec. Imperial is publicly listed on the TSX Venture Exchange as “IPG” and on the OTCQB Exchange as “IMPNF” and is led by an experienced team of mineral exploration and development professionals with a strong track record of mineral deposit discovery in numerous metal commodities.

To learn more about Imperial Mining Group Ltd., click here

Disclaimer: Imperial Mining Group Ltd. 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 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.




Carbon Streaming offers ESG investors exposure to the carbon credits market

Environmental, Social, and Governance (“ESG”) investing has become a key theme this decade as companies and governments face greater scrutiny on their behavior by investors. One key part of ESG investing is the environment, and in particular, carbon credit trading.

A ‘carbon credit‘ (also called ‘carbon offset’ or ’emission credit/offset’) is a term for any tradable certificate or permit representing “the right to emit one tonne of carbon dioxide or the equivalent amount of a different greenhouse gas”. Essentially corporations, governments and individuals purchase carbon credits to offset their emissions from other companies that have earned credits from the government for reducing CO2 emissions. One well-known example of carbon credit trading occurred with Fiat Chrysler purchasing about US$2.4 billion worth of carbon credits from EV manufacturer Tesla from 2019 through 2021.

It is quite clear that carbon credit trading is rapidly growing to be a large industry in itself. Over 1,500 companies have announced plans to be “netzero” by 2050 or sooner. Carbon credits are anticipated to be integral to meet these goals, especially in hard to abate sectors such as oil, aviation, steel and cement. Even better is that retail investors can now invest in a carbon credit streaming business.

Today’s company is a listed company that offers a way for investors to invest into the growth of the carbon credit market. They act like an investment vehicle purchasing carbon credit revenue streams in return for an upfront payment. If the value of the carbon credits goes up or can be sold later at a profit then the stream becomes more valuable, thereby potentially boosting the value of the carbon streaming company. Revenues and profits will also depend on the quality and return on investment (“ROI”) of the streaming deals that are made.

How carbon emission trading works and the market size (US$261 billion in 2020) currently dominated by Europe

Source: Carbon Streaming Corporation investor presentation

Carbon Streaming Corporation (NEO: NETZ) (“Carbon Streaming”) is an ESG principled investment vehicle offering investors exposure to carbon credits. Carbon Streaming is among the first publicly traded carbon offset investment companies on any exchange in the world. Carbon Streaming listed on Canada’s NEO exchange on July 26, 2021, the Frankfurt Stock Exchange on July 30, 2021 and intends to list on a U.S. stock exchange, such as NASDAQ or the New York Stock Exchange, prior to the end of the year.

Carbon Streaming’s business model is to focus on acquiring, managing and growing a high-quality and diversified portfolio of investments in projects/companies that generate or are actively involved, directly or indirectly, with carbon credits.

The Company states: “Carbon Streaming is actively pursuing streaming arrangements with individuals, companies and governments to stream carbon credits from their assets or properties. We intend to provide investors with a diversified portfolio of carbon credit streams for long-term appreciation without the operational risk. We intend to participate in both the voluntary and compliance carbon markets, and also may make investments related to carbon credits.”

Carbon Streaming has sourced a potential deal pipeline of over US$585 million with its nearterm pipeline valued at approximately US$165 million at target IRRs of 15%+.

Carbon Streaming Corporation near term opportunity pipeline

Source: Carbon Streaming Corporation investor presentation

In recent news on August 3, 2021, Carbon Streaming announced a Carbon Credit Stream Agreement on the Rimba Raya Biodiversity Reserve (a 64,500-hectare peat forest in Central Kalimantan, Indonesia) and Strategic Partnership with Infinite-EARTH Founders. The Rimba Raya Project, for which InfiniteEARTH has exclusive carbon and marketing rights, is expected to create over 70 million credits over its remaining 20-year crediting period (approximately 3.5 million carbon credits per annum).

Carbon Streaming has now closed the above agreement paying an upfront cash investment of US$26.3 million consisting of US$22.3 million for the Carbon Stream with InfiniteEARTH and US$4.0 million for the strategic alliance agreement with the Founders (for consulting services, carbon project advisory, carbon credit marketing and sales). In return Carbon Streaming will receive:

“InfiniteEARTH will deliver 100% of the carbon credits created by the Rimba Raya Project, expected to be 70 million credits over the next 20 years, less up to 635,000 carbon credits per annum which are already committed to previous buyers. For the first four years, the amounts delivered under the Carbon Stream include 1,000,000 carbon credits per annum at a pre-agreed gross sale price of US$8.50……”

InfiniteEARTH is a Hong Kong-based project development company that develops and manages conservation land banks and provides environmental offsets and corporate social responsibility (CSR) solutions to companies across the globe. The full details of the deal can be viewed here.

Governments have pledged to reduce carbon emissions but as shown on the graph there is still a long way to go

Source: Carbon Streaming Corporation investor presentation

Closing remarks

Carbon credits is already a large business in Europe and it is likely to accelerate globally as governments get tougher on CO2 emissions and investors demand strong ESG efforts from companies. For investors that want to focus on ESG or simply invest money towards supporting carbon credits and hence the environment, then consider Carbon Streaming Corporation.




With recent moves in the USA towards supporting key critical mining projects, will NioCorp Developments make the list?

Critical metals scandium, titanium, and niobium are all doing well as global demand for metals remains robust in 2021. In May 2018, the U.S Interior Department moved to include niobium, scandium, and titanium onto its list of critical minerals. These three critical metals have targeted applications in clean energy, aerospace/commercial aviation, defense, and automotive. Generally speaking, they are used to lighten and strengthen alloys. For example, scandium is a key lightweighting metal used in aluminum alloys as well as in fuel cells. Niobium is used to strengthen stainless steel. Titanium is very well known for its strength-to-weight ratio, as it is as strong as steel but weighs about half as much.

As we move to a world of electric vehicles (EVs), lightweighting is a key component to improve performance and range. For example, $9 of niobium added to a mid-sized car reduces weight by 100kg, increasing fuel efficiency by 5%. $1-1.5 million of scandium in a single airliner offers >$9 million of net present value in fuel savings. (source)

Niobium and scandium uses

Today we take a look at a USA based junior miner that has all three of these valuable critical elements.

NioCorp Developments Ltd (TSX: NB | OTCQX: NIOBF) (“NioCorp”) is developing North America’s only niobium, scandium, titanium, rare earths elements project, located near Elk Creek, Nebraska, USA. The Elk Creek Superalloy Materials Project is the highest grade niobium project in North America, as well as the largest prospective producer of scandium in the world. The Project is a large underground hard-rock deposit containing an estimated 250,000 tons of niobium pentoxide, 2,300 tons of scandium, and 891,000 tons of titanium dioxide. There are also some rare earths, as discussed later.

Some reasons why NioCorp’s Elk Creek Superalloy Materials Project is unique:

  • A pure-play critical minerals and rare earths element company.
  • All of NioCorp’s planned products have been designated as “critical minerals” by the U.S. government.
  • Tier one project location in Nebraska, USA.
  • The Project enjoys strong community, as well as state and local government support.
  • Strong focus on sustainability and ESG principles.
  • Large resource with a 36-year long mine life.
  • Feasibility Study – Post-tax NPV of US$1.7 billion, post-tax IRR of 21.7%, initial CapEx US$1 billion.
  • Much of the planned production in the first 10 years is pre-sold.
  • 100% of the Project’s projected FeNb production in the first 10 years is under sales contract or Letter of Intent, and 12% of its projected scandium is under sales contract.
  • All permits needed to start construction have been secured.
  • The NioCorp Board and management team have more than 200 years of collective experience in minerals development.

All that is left to do is for NioCorp to raise the project funding. Given the recent moves in the USA towards supporting key critical mining projects, it is hoped that soon NioCorp can be a beneficiary.

NioCorp recently raised C$6.2 million, extended their land at Elk Creek, and works on recovering rare earths

Regarding the C$6.2 million raise, NioCorp stated: “Proceeds of the private placement will be used for continued advancement of the Company’s Elk Creek Superalloy Materials Project, including ongoing detailed engineering efforts, conducting technical assessments of potentially adding rare earth products to the planned product offering, and for working capital and general corporate purposes.”

NioCorp now owns the surface land on which the Elk Creek Project’s mine infrastructure and support operations will be located. Ownership of the land also gives NioCorp ownership of the mineral rights to more than 90% of the Project’s Mineral Resource and Mineral Reserve. The purchase price was approximately $6.2 million.

In other recent news, NioCorp is working on enhancing their metallurgical processes to potentially also recover rare earth oxides. NoCorp stated: “The Company is currently evaluating next steps in its overall metallurgical test work program, which will focus on optimizing and streamlining the existing processing flowsheet as well as establishing process routes for the potential recovery of rare earth products. The rare earth products that are of most interest to the Company at present are Neodymium-Praseodymium (“NdPr”) oxide, Terbium oxide and Dysprosium oxide.”

The niobium, scandium, and titanium markets summary

Source: NioCorp company presentation

Closing remarks

NioCorp is now an advanced stage critical metals developer, located in Nebraska USA. Their Elk Creek Superalloy Materials Project contains economically viable niobium, scandium, titanium, and potentially some rare earths.

A strong Feasibility Study has been produced, all permits to construction are in place, and the project now awaits funding. As a sign of support for the project, Nebraska Governor Pete Ricketts nominated the Project as a “National High-Priority Infrastructure” Project to the White House.

NioCorp Developments trades on a market cap of C$333 million (US$269 million) and is well worth following.




ESG Investors look to Nano One as a connector in a sustainable future

If you follow Jack Lifton on InvestorIntel you’ll have a pretty good idea that the dream of replacing all the internal combustion engines on the road today with battery electric vehicles (BEVs) is more of a fantasy than a reality based on today’s technology. The demand for raw materials, in particular lithium, just doesn’t add up. Jack does a great job of explaining the math in his Lithium by the numbers article from earlier this month with a follow up to hammer the point home in Lithium: The Haves and the Have Nots from last week. In summary, the first article suggests that even if lithium production doubles by 2025 (which producers say they can do), that will only get the world to roughly 10% of annual car production being BEVs. The latter article states “There is not even the remotest possibility that global lithium (measured as metal) production could grow to this week’s prediction, for example, by the child-like prognosticators at Deloitte, that in 2030 32% of all newly manufactured motor vehicles would be battery electric vehicles (BEVs).”

I think it’s safe to say that most reasonable people around the world agree that reducing emissions is a positive step for humanity. But how do we think as a global community that we can achieve these goals in light of some pretty serious shortfalls in the basic building blocks to making this happen? Obviously, technology has to be the answer. We have to be more efficient with the resources we’ve got if we want to have any chance at not only meeting the political goals of carbon reduction but also avoiding the often unwitnessed reality of destroying the earth by mining every possible resource required to achieve those goals.

The good news is that there is already a company out there working on technology to improve lithium-ion batteries. Nano One Materials Corp. (TSX: NANO) is a technology company with a patented and scalable industrial process for the production of low-cost, high-performance cathode powders used in lithium-ion batteries. These unique materials are being designed to add value to electric vehicles and grid storage batteries in the global push for a zero-emission future. Nano One’s patented manufacturing technology – the “One Pot Process” – streamlines the production process and thereby reduces cost while enabling higher performance cathode materials as compared to the standard manufacturing process. Last year the Company announced the development of a coated, single crystal cathode material for lithium-ion batteries that provides up to 4 times improvement in longevity. Granted this doesn’t necessarily reduce initial demand for lithium but it certainly helps to put less stress on the supply chain going forward.

With that said, last month Nano One announced three new patents issued and allowed in Canada, the US and China. Notably coverage for a novel method for phosphate stabilizing of lithium-ion battery cathodes. An important, low-cost durability improvement to lithium nickel manganese oxide (LNMO) cathode material which delivers energy and power on par with other high-performance cathodes and is more cost-effective because it is cobalt-free, low in nickel and does not require excess lithium. LNMO also has an operating voltage that is 25% higher than commercial high nickel cathodes, enabling fewer cells in applications such as power tools and electric vehicles while providing improved productivity, efficiency, thermal management and power. So no cobalt, less nickel and ultimately less lithium given you don’t need as many power cells.

And then there’s the other unintended consequence of moving towards a lower carbon future, the supply chain. Currently, the cathode supply chain is long and complex. Nano One technology enables cathode materials to be manufactured directly from nickel, manganese, and cobalt metal feedstocks in the form of metal powders, metal carbonates and other salts rather than metal sulfates. Metal powders are one-fifth of the weight of metal sulfates, avoiding the added costs, energy, and environmental impact of converting to sulfate and shipping and handling of waste. Nano One’s technology aligns it with the sustainability objectives of automotive companies, investment communities and governmental infrastructure initiatives. It also offers an opportunity for metals refiners to provide environmentally, and sustainably mined sources of nickel ore to integrate and manufacture cost-reduced value-added cathode powders for direct supply to battery manufacturers.

In summary, Nano One appears to have the right technology at the right time. On top of that, the Company does it all with a lower overall carbon footprint than many, if not all, of its peers. In my opinion, the latter concept still isn’t valued as high as it should be given as most ESG investors appear to be focused on top line carbon impact, and rightfully so given that policymakers haven’t really made it an issue yet. In the meantime, as Jack Lifton educates the world that BEVs in every driveway may be a fallacy in our lifetime utilizing current technology, here’s a company that could perhaps help make it more of a reality.




Carbon Streaming’s Justin Cochrane on offering ESG investors exposure to the carbon credit market

In a recent InvestorIntel interview, Tracy Weslosky speaks with Justin Cochrane, President, CEO and Director of Carbon Streaming Corporation (OTC: MXVDF) about the carbon credit market and accelerating global initiatives to reduce emissions of greenhouse gases.

In this InvestorIntel interview, which may also be viewed on YouTube (click here to subscribe to the InvestorIntel Channel), Justin went on to explain how the carbon credit market works and how “Carbon Streaming is taking a proven business model in royalty and stream financing and applying it to the carbon credit world.” With almost half of S&P 500s pricing carbon into their investment decisions, Justin said that carbon credit is a key part of the future. He added that Carbon Streaming invests to accelerate the development of carbon credit projects around the world. With Osisko Gold Royalties Ltd. (NYSE: OR | TSX: OR) as one of the largest shareholders, Justin said that Carbon Streaming is one of the few public companies focused on carbon space providing ESG investors exposure to the carbon market.

To watch the full interview, click here

About Carbon Streaming Corporation:

Carbon Streaming Corporation is a unique ESG principled investment vehicle offering investors exposure to carbon credits, a key instrument used by both governments and corporations to achieve their carbon neutral and net-zero climate goals. The Company intends to invest capital through carbon credit streaming arrangements with project developers and owners to accelerate the creation of carbon offset projects by bringing capital to projects that might not otherwise be developed. Many of these projects will have significant social and economic co-benefits in addition to their carbon reduction or removal potential.

To learn more about Carbon Streaming Corporation, click here

Disclaimer: Carbon Streaming Corporation 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 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.