#Metals/ #GreenEnergy #Stock News -Defense Metals (TSX-V: $DEFN.V) (OTCQB:$DFMTF) Commences 2021 Wicheeda Rare Earth Element Deposit Resource Expansion and Definition Diamond Drill Program; @DefenseMetals

#Metals/ #GreenEnergy #Stock News -Defense Metals (TSX-V: $DEFN.V) (OTCQB:$DFMTF) Commences 2021 Wicheeda Rare Earth Element Deposit Resource Expansion and Definition Diamond Drill Program; 

@DefenseMetals

 

Vancouver, British Columbia, September 8, 2021 –Investorideas.com Newswire, MiningSectorStocks.com and RenewableEnergyStocks.com -Mining/Metals/ Green Energy Stock News- Defense Metals Corp. (“Defense Metals”) (TSX-V:DEFN / OTCQB:DFMTF/ 35D: FSE) is pleased to announce commencement of diamond drilling at its Wicheeda Rare Earth Element (REE) deposit. The Company plans to complete up to 5,000 metres of diamond drilling designed to expand the deposit and further delineate existing resources.

 

Read this news, featuring DEFN in full at https://www.investorideas.com/news/2021/mining/09081DEFN-Wicheeda-Rare-Earth-Element.asp

 

The road accessible Wicheeda REE Property is located close to infrastructure approximately 80 kilometres northeast of Prince George, British Columbia (BC). The Wicheeda project has indicated mineral resources of 4,890,000 tonnes averaging 3.02% LREO (Light Rare Earth Elements) and inferred mineral resources of 12,100,000 tonnes averaging 2.90% LREO1.

 

During 2019, the Company completed 13 diamond drill holes totalling 2,005 metres that expanded the Wicheeda deposit to the north, where it remains open, and further delineated the relatively higher-grade, near surface dolomite carbonatite. The 2019 drill campaign yielded one of the highest grade REE intercepts to date within drill hole WI19-31 that returned 4.43% LREO over 83 metres; including 5.47% LREO over a drill core interval of 33 metres ending in mineralization2. The 2019 exploration resulted in a 49% tonnage and 30% grade increase in mineral resources (see Defense Metals News Release Dated May 13, 2020).

 

The 2021 Wicheeda diamond drill program is designed to build on the successes of the 2019 campaign in support of future advanced economic studies. The 2021 drill program will focus on expanding the zone REE mineralized dolomite-carbonatite to the north, in addition to further delineating existing inferred resources within the central and northwestern areas of the deposit (Figure 1). A comprehensive campaign totalling 32 holes from seven drill pads ranging in depth from 75 to 225 metres over a 400 metre north-south strike extent is planned.

 

Craig Taylor, CEO of Defense Metals, stated: “Defense Metals is excited to commence its 2021 resource expansion and delineation diamond drilling at Wicheeda. We expect completion of the 2021 campaign will further solidify Wicheeda as one of the premier north American REE assets, and subject to a successful PEA, leave us well positioned to initiate further advanced economic studies.”

 

 

1 Technical Report on the Wicheeda Property, British Columbia, effective June 27, 2020 and prepared by APEX Geoscience Ltd. (Steven J. Nicholls, B.A. Sc., MAIG and Kristopher J. Raffle, B.Sc., P.Geo.) is available under Defense Metals Corp.’s profile on SEDAR (www.sedar.com)

2 The true width of REE mineralization is estimated to be 70-100% of the drilled interval. See Defense Metals News Release Dated November 27, 2019.

Figure 1. Wicheeda REE Deposit 2021 Drill Plan

About the Wicheeda REE Property

The 1,708 hectare Wicheeda REE Property, located approximately 80 km northeast of the city of Prince George, British Columbia, is readily accessible by all-weather gravel roads and is nearby to infrastructure, including power transmission lines, the CN railway and major highways.

 

Geologically, the property is situated in the Foreland Belt and within the Rocky Mountain Trench, a major continental geologic feature. The Foreland Belt contains part of a large alkaline igneous province, stretching from the Canadian Cordillera to the southwestern United States, which includes several carbonatite and alkaline intrusive complexes hosting the Aley (niobium), Rock Canyon (REE), and Wicheeda (REE) deposits.

 

Qualified Person

The scientific and technical information contained in this news release as it relates to the Wicheeda REE Property has been reviewed and approved by Kristopher J. Raffle, P.Geo. (BC) Principal and Consultant of APEX Geoscience Ltd. of Edmonton, AB, a director of Defense Metals and a “Qualified Person” as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Raffle verified the data disclosed which includes a review of the analytical and test data underlying the information and opinions contained therein.

 

About Defense Metals Corp.

Defense Metals Corp. is a mineral exploration company focused on the acquisition of mineral deposits containing metals and elements commonly used in the electric power market, military, national security and the production of “GREEN” energy technologies, such as, high strength alloys and rare earth magnets. Defense Metals has an option to acquire 100% of the 1,708 hectare Wicheeda Rare Earth Element Property located near Prince George, British Columbia, Canada. Defense Metals Corp. trades in Canada under the symbol “DEFN” on the TSX Venture Exchange, in the United States, under “DFMTF” on the OTCQB and in Germany on the Frankfurt Exchange under “35D”.

 

For further information, please contact:

Todd Hanas, Bluesky Corporate Communications Ltd. Vice President, Investor Relations

Tel: (778) 994 8072

Email: todd@blueskycorp.ca

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

 

Cautionary Statement Regarding “Forward-Looking” Information

This news release contains “forward‐looking information or statements” within the meaning of applicable securities laws, which may include, without limitation, statements relating to the ongoing optimization test work and the expected outcomes, operation of a future hydrometallurgical pilot plant, plans for its Wicheeda Property, the advancement and development of the Wicheeda Property, the technical, financial and business prospects of the Company, its project and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of rare earth elements, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including those filed under the Company’s profile on SEDAR at www.sedar.com. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather conditions, failure to maintain or obtain all necessary government permits, approvals and authorizations, failure to maintain community acceptance (including First Nations), decrease in the price of rare earth elements, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate, increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.

 

Paid News -Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure : this news release featuring Defense Metals Corp. is a paid for service  on Investorideas.com ($750) More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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#RenewableEnergy #Stock #Solar Integrated Roofing (OTC: $SIRC) Implements Corporate Synergy Program, Expects to Reach Profitability in 2021; @SIRCStock

#RenewableEnergy #Stock #Solar Integrated Roofing (OTC: $SIRC) Implements Corporate Synergy Program, Expects to Reach Profitability in 2021; @SIRCStock

 

EL CAJON, CA / September 8, 2021 / Solar stock news from Investorideas.com Newswire and RenewableEnergyStocks.com  - Solar Integrated Roofing Corp. (OTC: SIRC), an integrated, single-source solar power and roofing systems installation company, announced today that it has launched a strategic corporate streamlining program to decrease costs and further realize cost synergies across its family of companies, which when combined with its record sales growth, is expected to achieve profitability as early as the quarter ended August 31, 2021.

 

Read this news, featuring SIRC in full at https://www.investorideas.com/news/2021/renewable-energy/09081Corporate-Synergy-Program.asp

 

The program’s focus to reduce labor expenditures and duplicative overhead will enable a more competitive, streamlined operating model – better positioning the company to achieve profitability from its current base of business. The leaner organizational structure is also expected to improve communication flow and cross-functional collaboration, leveraging more efficient business processes. The Company is targeting over $1 million in annual cost savings to be realized by December 31, 2021.

 

“After our most recent acquisition, we turned our attention to organic growth and accelerating the path to profitability,” said David Massey, Chairman and Chief Executive Officer of Solar Integrated Roofing Corp. “Our corporate synergy program’s chief goal will be to implement operating best practices and remove redundancies across our family of companies. These moves will help to simplify operations, improve execution and enable a more competitive cost structure.

 

“The program is expediting our road to profitability, supplemented by our robust sales growth in recent months. With our sustained sales momentum, record setting sales in July and the busy fall season ahead, we now expect to be cash flow positive and profitable in the quarter ended August 31^st. Combined with our recently announced share buyback program, I believe we better positioned to create sustainable value for our shareholders than any other time in our history as a public company,” concluded Massey.

 

About Solar Integrated Roofing Corp.

Solar Integrated Roofing Corp. (OTC: SIRC), is an integrated, single-source solar power and roofing systems installation platform company specializing in commercial and residential properties throughout the United States. The Company serves communities by delivering the best experience through constant innovation & legacy-focused leadership. The Company's broad array of solutions include sales and installation of solar energy systems, battery backup and electric vehicle (EV) charging stations to roofing, HVAC and related electrical contracting work. For more information, please visit the Company's website at www.solarintegratedroofing.com.

 

Forward-Looking Statements

Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update the information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.

 

Investor Relations Contact:
Lucas A. Zimmerman
Director
MZ North America
Main: 949-259-4987
SIRC@mzgroup.us
www.mzgroup.us

 

Paid News -Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure : this news release featuring SIRC is a paid for news release on Investorideas.com  More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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#Battery Innovation and Supply is the Next Critical Issue for #ElectricCar Industry; (TSXV: $NBM.V) (OTC: $NBMFF) (NYSE: $NIO) (NASDAQ: $TSLA) (NYSE: $F) (OTCQB: $VWAGY) @neo_battery @NIOGlobal @telsa @Ford @VW

#Battery Innovation and Supply is the Next Critical Issue for #ElectricCar Industry; (TSXV: $NBM.V) (OTC: $NBMFF) (NYSE: $NIO) (NASDAQ: $TSLA) (NYSE: $F) (OTCQB: $VWAGY) @neo_battery @NIOGlobal @telsa @Ford @VW

 

Point Roberts WA, Delta, BC – September 2, 2021 - Investorideas.com, a leading investor news resource covering electric vehicle and battery stocks releases a special report featuring NEO Battery Materials Ltd. (TSXV: NBM) (OTC: NBMFF), a Vancouver-based resource company focused on battery metals and materials. The continuing panic surrounding semiconductor shortages for automakers will be followed by an urgent demand for battery innovation and supply. This is the next critical issue facing the industry in the future say experts.

 

Read this article, featuring NBM in full at https://www.investorideas.com/news/2021/renewable-energy/09021Battery-Innovation.asp

 

Forbes recently quoted the Center for Automotive Research (CAR report) noting “With the U.S. plan to expand electromobility on a very large scale, the European CO2 (carbon dioxide) regulations and the transition to electric cars in China, the demand for electric cars and thus lithium-ion batteries is increasing significantly,”

 

“As manufacturers scramble to fulfill their ambitious electric car plans there’s a danger of creating an artificial shortage, and of bidding prices too high. VW and Tesla are ahead in the race to make sure crucial supplies are available, while BMW and Mercedes’ parent Daimler are in danger of lagging, according to the report.”

 

Already rising to the occasion, NEO Battery Materials Ltd. (TSXV: NBM) (OTC: NBMFF) recently announced that the Company has upscaled the capacity of production from the pilot plant to a semi-commercial scale facility for silicon anode materials manufactured through NEO’s proprietary nanocoating process.

 

From the news: NEO’s semi-commercial plant project is now finalized to produce 120 tons per year, and this is a 12-fold increase from the original capacity (~10 tons per year). Assuming a ratio of 9:1 for graphite to silicon in the anode (a 10% silicon loading), 120 tons per year produced by NEO’s semi-commercial plant is sufficient to supply 40,000 electric vehicles (EVs). The Company is currently in the effort of increasing the silicon content in the anode component by over a 20% loading as a short-term project through controlling volume expansion and solid-electrolyte interphase (SEI) growth. This direction implies that NEO is approaching a 100% silicon anode as the final goal.

 

From the news: NEO has proceeded with this decision to rapidly respond to the demands and requirements of different customers within the lithium-ion battery supply chain for electric vehicles. The ability to upscale the plant size positively indicates the mass production viability of NEO’s silicon anodes. After construction and once processes are optimized, the semi-commercial plant will be able to be readily converted into a commercial-scale facility without substantial modifications.

 

From the news: Mr. Spencer Huh, President and CEO of NEO, commented, “All of the progress are exceeding our expectations and predicted timeline as our team is diligently accelerating our commercialization process. Based on internal sample testing results and the optimization of our manufacturing process, we have validated the ability to upscale from a pilot to a semi-commercial scale facility. Between all management, advisors, and engineers, there is unanimous agreement and great confidence for the mass adoption of NEO’s silicon anodes by the industry. Using the prototype testing results by our NDA partners, we can optimize our processes and material design for a more robust and convincing commercial plant.”

 

From the news: Dr. J. H. Park, Director and Chief Scientific Advisor of NEO, added, “The location of the semi-commercial facility is being narrowed down, and the area is expected to be approximately 55,000 square feet with numerous South Korean battery cell and material manufacturers in the proximity. The space of the plant site considers the installation of at least 5 mass-production lines when the semi-commercial plant is fully converted into a commercial facility. With regards to sample testing, the results and due diligence will take on average a month, but we are actively shortening the period through expanding the production capacity of our prototype anodes. We have recently ordered two additional equipment to meet continual demands from third parties.”

 

From the news: Mr. Suk Joong Hwang, Member of the Scientific Advisory Board, has been appointed as the project manager for the semi-commercial plant project. Mr. Hwang has over 20 years of experience in process engineering in the chemical and polymer industry. He specializes in scaling up products from the lab to mass production through pilot and semi-commercial plants.

 

From the news: Mr. Hwang commented, “We are extremely pleased and excited to start NEO’s semi-commercial plant project. From my experience with different projects, the commercialization of NEO’s silicon anodes is nearby. The plant will be designed and constructed for versatility to flexibly respond to and satisfy customers’ detailed needs and specifications. In addition to capacity, the semi-commercial plant will retain the identical technical precision and optimized process as a mass-production commercial facility. The PDP (Process Design Package), which will be completed with the plant’s installation, will be standardized for international use, and this will enable the swift completion and success of future commercial plants in North America.”

 

Evidencing the global growth of EV’s and future battery demands, NIO Inc. (NYSE: NIO), a pioneer and a leading company in the premium smart electric vehicle market in China, delivered 7,931 vehicles in July 2021, representing a strong 124.5% year-over-year growth. As of July 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 125,528 vehicles.

 

Attesting to how the chip shortage is affecting the industry, in a recent Zacks’ article, Ford Motor Company (NYSE: F) was reported to be slowing production of its hot-selling F-150 pickup truck and two other vehicles due to the ongoing global crunch in semiconductor supply.

 

The automaker revealed a halt in production at its Oakville Assembly Plant in Canada and Kansas City Assembly Plant in Missouri during the week of August 30. The Oakville plant builds the Ford Edge and Lincoln Nautilus crossovers. The Kansas City facility is responsible for the assembly of the F-150.

 

These latest production cuts are being done to divert its scarce semiconductor supply in order to finish the nearly-completed vehicles awaiting chips so that they can be dispatched to the dealers.

 

During Ford's annual shareholder meeting on May 13, CEO Farley said the company is weighing future strategies to deal with chip woes. Some of these strategies include redesigning car components to work with more accessible chips and cutting supply deals directly with chip foundries.

 

One company that seems to always be one step ahead when it comes to looking for new business vertices and innovation is Tesla. In a recent CNBC article, Tesla Inc. (NASDAQ: TSLA) has been reported to be looking to sell electricity directly to customers in Texas, according to an application filed by the company in August with the Public Utility Commission there.

 

The application follows the start of a big battery build-out by Tesla in Angleton, Texas (near Houston), where it aims to connect a 100 megawatt energy storage system to the grid. Texas Monthly first reported on the application, submitted by a wholly owned subsidiary of Tesla called Tesla Energy Ventures.

 

Tesla has also built several utility-scale energy storage systems around the world, including one east of Los Angeles, with another underway in Monterey, California, and two in Australia - one in Geelong, Victoria and another in Adelaide, South Australia.

 

So far Tesla hasn’t functioned as the retail electricity provider but has instead focused on having big batteries built by Tesla to help other companies in energy generation, storage and consumption.

 

There have even been some unforeseen benefits for automakers when it comes to their outdated vehicles such as with Volkswagen. In a recent article from Fortune, Volkswagen AG (OTCQB: VWAGY), who has traditionally relied on its heavy-hitting premium brands Audi and Porsche to haul in larger profits time and again, now has competition from the unlikeliest of candidates-the group’s own captive financing business, VWFS.

 

Thanks to a global semiconductor shortage that has depleted stocks of new vehicles and forced consumers to scour used car dealerships for a new ride, the stable but otherwise unspectacular VW subsidiary is cleaning up by selling (or leasing) pre-owned models in a superheated market.

 

Not all carmakers operate their own financing units: the business requires solid credit ratings in order to afford the constant trips to debt markets for fresh funding. Some have opted to partner with more traditional specialists like Santander Consumer USA, an auto loan provider belonging to the eponymous Spanish bank. But for those that do, whether BMW in Germany or Ford in the US, have enjoyed record results at these businesses, just like Volkswagen.

 

“We’ve earned more in the first half of 2021 than in the whole of 2016,” said VWFS Chief Executive, Lars Henner Santelmann in a statement forecasting record profits of €4 billion ($4.7 billion) this year. If it hits that mark, such a bottom-line haul would be equivalent to more than 20% of the VW group's 2019 pre-COVID operating profit.

 

The Volkswagen branD, which builds models such as the Tiguan SUV and Jetta sedaN, could not match this level when it earned a record €3.8 billion in 2019 or with Porsche, the big margin generator in the VW group, which contributed only €4.2 billion in its best year.

 

Recent data published revealed a 25% year-on-year plunge in Germany’s new car market in July. With order books still full, industry insiders said the declines suggest remaining inventories of new cars that helped buttress sales amid the chip shortage have largely been picked clean.

 

As we approach the event horizon of this chip shortage we can expect automakers and battery manufacturers to have all hands on deck when it comes to dealing with this global issue. With headlines like Bloomberg’s “Tight Battery Market Is Next Test for EVs After Chip Crisis,” it is critical for consumers and investors to pay attention.  

 

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